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Representative Jim Clyburn.Eric Lee\/NYTDrone strikes UAE nuclear plant as US and Iran signal they are prepared to resume war \u2014 6:59 a.m.<\/p>\nTrump moves to dismiss $10 billion suit over leak of tax returns after reports of a resolution \u2014 9:19 a.m.<\/p>\n
By the Associated Press<\/p>\n
President Trump moved to withdraw his $10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns after reports that a resolution of the case was close at hand.<\/p>\n
The disclosure was made in a filing in federal court in Florida, where the lawsuit was filed.<\/p>\n
ABC News first reported last week that Trump was prepared to drop his lawsuit as part of a deal that would create a $1.7 billion fund to pay allies of the president who believe they were wrongly investigated and prosecuted.<\/p>\n
The court filing did not mention terms of any potential deal.<\/p>\n
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Will White House correspondents\u2019 dinner be rescheduled? Some say: \u2018Let\u2019s call the whole thing off\u2019 \u2014 8:59 a.m.<\/p>\n
By the Associated Press<\/p>\n
More than three weeks after the\u00a0White House Correspondents\u2019 Association dinner\u00a0was thrown into chaos and panic when a man stormed the Washington Hilton lobby and opened fire in what prosecutors say was an attempt to kill President Donald Trump, the event has yet to be rescheduled.<\/p>\n
The association \u201ccontinues to weigh options for rescheduling the event,\u201d its president, Weijia Jiang of CBS News, said from China last week where she was covering Trump \u2014 alongside whom she hit the floor that night as shots rang out.<\/p>\n
\u201cWe will do this again,\u201d Jiang had said then. Trump, for his part, said on social media the dinner would be rescheduled within 30 days (though it\u2019s not up to him), which would bring it to late this month.<\/p>\n
That seems hardly likely, at least not an event that would accommodate close to 3,000 people. WHCA board members are scoping out smaller venues, a person familiar with the situation said, with the understanding that, if rescheduled, it would necessarily be a pared-down event \u2014 a nod to financial as well as security concerns.<\/p>\n
Redistricting debate shifts to South Carolina as Republicans seek clean sweep of US House seats \u2014 7:29 a.m.<\/p>\n
By the Associated Press<\/p>\n
An effort to reshape South Carolina\u2019s congressional districts will get its first full airing Monday in the state House, as lawmakers launch a lengthy and potentially testy discussion on whether to accede to Trump\u2019s desires for a U.S. House map that could yield a clean sweep for Republicans.<\/p>\n
Tense debates already have played out in\u00a0Tennessee,\u00a0Alabama\u00a0and Louisiana as Republicans push aggressively to leverage a recent\u00a0U.S. Supreme Court ruling\u00a0that weakened Voting Rights Act protections for minority districts. The ruling has opened the way for Republicans to redraw districts with large Black populations that have elected Democrats.<\/p>\n
In South Carolina, that means targeting a seat long held by\u00a0U.S. Rep. Jim Clyburn, the only Democrat among the state\u2019s seven representatives in the House.<\/p>\n
Early voting is scheduled to begin May 26 for South Carolina\u2019s statewide primaries on June 9. In addition to redrawing congressional districts, legislation pending in the state House would move the U.S. House primaries to August. If it clears the House, the legislation then must go to the Senate.<\/p>\n
Representative Jim Clyburn.Eric Lee\/NYTDrone strikes UAE nuclear plant as US and Iran signal they are prepared to resume war \u2014 6:59 a.m.<\/p>\n
By the Associated Press<\/p>\n
A drone strike sparked a fire on the edge of the United Arab Emirates\u2019 sole nuclear power plant on Sunday in what authorities called an \u201cunprovoked terrorist attack.\u201d No one was blamed, but it highlighted\u00a0the risk of renewed war\u00a0as the United States and Iran signaled they were ready to fight again.<\/p>\n
There were no reported injuries or radiological release. The UAE, which has hosted air defenses and\u00a0personnel from Israel, recently accused Iran of launching\u00a0drone and missile attacks.\u00a0Tensions have risen over the\u00a0Strait of Hormuz, a vital\u00a0energy\u00a0waterway gripped by Iran, which is under a U.S. naval blockade.<\/p>\n
The\u00a0ceasefire\u00a0remains tenuous, with diplomatic efforts for a more durable peace having faltered. And fighting\u00a0has heated up\u00a0between Israel and the Iran-backed Hezbollah militant group in Lebanon despite a nominal ceasefire there.<\/p>\n
Stocks fall and oil rises after Trump warns Iran that \u2018clock is ticking\u2019 \u2014 6:02 a.m.<\/p>\n
By the Associated Press<\/p>\n
World shares mostly retreated and oil prices jumped on Monday after Trump warned Tehran that the \u201cclock is ticking\u201d as US-Iran negotiations over a permanent end to the\u00a0war\u00a0stall.<\/p>\n
US futures fell and markets in Japan and South Korea pulled back from their records. In early European trading, Britain\u2019s FTSE 100 edged up 0.1 percent to 10,205.31. France\u2019s CAC 40 lost 0.9 percent to 7,883.42, and Germany\u2019s DAX dropped 0.1 percent to 23,925.82.<\/p>\n
During Asian trading, Tokyo\u2019s Nikkei 225 fell 1 percent to 60,815.95, a decline led by technology-related stocks. It reached all-time intraday high levels last week above 63,000.<\/p>\n
The yield on the 10-year Japanese government bond surged to as high as 2.8 percent, its highest level since the late 1990s. That\u2019s part of a broader shift toward higher yields as the Bank of Japan gradually raises interest rates and higher energy costs raise expectations of rising inflation. The yield was around 2.55% just one week ago.<\/p>\n
China agrees to boost trade for US agricultural products such as beef and poultry following Trump-Xi summit \u2014 12:02 a.m.<\/p>\n
By the Associated Press<\/p>\n
China has agreed to ramp up trade for US agricultural products such as beef and poultry, buying at an annualized rate of $17 billion per year for 2026 and at that level for 2027 and 2028, the White House announced Sunday, two days after President Trump returned from a high-stakes summit in Beijing where he sought to ease the impact on American farmers from the trade war he launched last year.<\/p>\n
China would restore market access for US beef and resume imports of poultry from US states determined by the US Department of Agriculture to be free of the bird flu, the White House said. The deals are on top of China\u2019s soybean purchase commitments last year.<\/p>\n