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NYTIMES (Sharon LaFraniere and David Yaffe-Bellany) - S.E.C. Settles Its Case Against Justin Sun, an Investor in the Trumps’ Crypto Coins

The decision to settle the court action is particularly striking because the defendant was accused of a serious violation of securities laws. He denied the charges.

AXIOS (Josephine Walker) - What to know about Markwayne Mullin, Trump's new Homeland Security pick

Sen. Markwayne Mullin (R-Okla.) is poised to be the next Homeland Security Secretary, replacing Kristi Noem , President Trump announced Thursday. Why it matters: Mullin is a staunchly MAGA firebrand and will likely be in lockstep with Trump's immigration agenda. What they're saying: "Markwayne will work tirelessly to Keep our Border Secure, Stop Migrant Crime, Murderers, and other Criminals from illegally entering our Country, End the Scourge of Illegal Drugs and, MAKE AMERICA SAFE AGAIN," Trump said on Truth Social . - Mullin, who will need Senate confirmation, had previously hinted at being open to an administration position. Catch up quick: Trump was reportedly unhappy with Noem, who became the face of his nationwide immigration…

AXIOS (Rebecca Falconer) - U.S. and Venezuela reach historic agreement to re-establish diplomatic ties

The U.S. and Venezuela "have agreed to re-establish diplomatic and consular relations," per a State Department statement. Why it matters: The historic deal with a former traditional U.S. foe comes as President Trump pushes to apply his actions in Caracas that led to the capture of former leader Nicolás Maduro to Iran, telling Axios Thursday that he must be involved in picking a successor to assassinated supreme leader Ali Khamenei . - Trump administration officials visited Venezuela this week, where Interior Secretary Doug Burgum met with acting Venezuelan president Rodríguez to discuss oil and mineral opportunities, and help shepherd a multimillion-dollar gold deal. What they're saying: "This step will facilitate our joint efforts…

AXIOS (Andrew Solender) - Congressional Democrats turn their sights to Pam Bondi after Kristi Noem's firing

Attorney General Pam Bondi may suffer the most collateral damage from DHS Secretary Kristi Noem's firing , with congressional Democrats now saying it gives them space to focus their criticism and scrutiny squarely on her. Why it matters: Bondi has already faced intense flak from Congress over her handling of the Jeffrey Epstein files, with lawmakers in both parties accusing her of being insufficiently transparent. - Five Republicans on the House Oversight Committee voted with Democrats on Wednesday to subpoena Bondi to testify about the Epstein matter. - And Rep. Shri Thanedar (D-Mich.) on Thursday introduced articles of impeachment against Bondi, charging her with obstruction of Congress and dereliction of duty for withholding Epstein…