Data: The Conference Board ; Chart: Courtenay Brown/Axios Consumer confidence soured in early May, according to the Conference Board, though the reading shows a far less bleak economic mood than its peer survey from the University of Michigan, which plumbed new lows Friday. Why it matters: Directionally, the two surveys send the same signal: Consumers are downgrading their economic views as the war-driven energy shock weighs on household budgets. - But whether consumers feel worse about the economy now than at any other point in the past half-century depends on which survey you reference. Driving the news: The Conference Board's monthly consumer confidence index fell 0.7 percentage point in May, to 93.1. But it ticked down to a level…
President Trump has appointed former Attorney General Pam Bondi to an advisory committee focused on AI policy, Axios has learned. Driving the news: Bondi, whom Trump ousted as AG last month, will be on the Presidential Council of Advisors on Science and Technology (PCAST). - The panel is chaired by former White House AI adviser David Sacks and White House science adviser Michael Kratsios. - It also includes more than a dozen tech executives, including Nvidia co-founder Jensen Huang, Meta CEO Mark Zuckerberg and Oracle co-founder Larry Ellison. What we're hearing: Bondi will be charged with facilitating coordination between the government and the tech titans on the panel. What they're saying: "Pam has been an enormously valuable asset…
Republican Gov. Ron DeSantis signed the Florida map into law earlier this month after the Supreme Court ruled in a Louisiana redistricting case that race-based districts violated Section 2 of the Voting Rights Act.
Historically, Camp David meetings have been convened for major national security and diplomatic deliberations. Rubio indicated that a deal to end the Iran war would likely require additional time, despite Trump's contention that the deal was mostly complete.