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NYTIMES (Emily Cochrane) - In Upset, Andy Ogles Loses to a Republican Challenger in Tennessee

Mr. Ogles, a two-term congressman, had held off primary threats before, despite controversy. But on Thursday, Charlie Hatcher, a former state agriculture commissioner, delivered an upset.

AXIOS (Sara Fischer) - FCC votes to lift broadcast ownership cap

The FCC on Thursday voted 2-1 to eliminate the national TV ownership cap rule that bars a single broadcaster from owning stations that reach more than 39% of U.S. TV households. Why it matters: The party-line vote clears the way for local broadcasters to merge, giving single broadcast ownership groups far more reach than they previously could have. - FCC chairman Brendan Carr has long argued that the cap was outdated and limits the ability of broadcasters to consolidate to compete with tech firms and streamers. Zoom in: The FCC said in a statement that deals would be evaluated on a case-by-case basis that authorizes deals that satisfy the agency's public review standard. - "This will empower the FCC to approve deals that promote the…

AXIOS (Hans Nichols) - Inside the GOP's mad dash to recess finish line

Senate Republicans are racing toward the August recess with a legislative to-do list worthy of a Joe Rogan podcast: crypto, college sports and hemp. Why it matters: They likely won't get to all of it, but the White House wants the Senate to get caught trying. - First, senators want to get way ahead of any government shutdown fight. Just as important — an NIL rights bill, with ESPN's first College GameDay set for Sept. 5. - "I've kind of stacked these things: funding the government, the [Todd] Blanche nomination and the 74 nominations," Senate Majority Leader John Thune (R-S.D.) said Thursday on Fox News, previewing his agenda. - Then come "Russia sanctions, NIL, market structure," he added, rounding out a short list of issues that…