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Welcome back and thanks for starting your day with us. In the news today: Trump says he may release his tax returns following a deal with the IRS; RFK Jr. fires leaders of a panel that sets guidelines for preventive health screenings; and Elon Musk reveals SpaceX’s plans for what could be the biggest-ever IPO. Also, French artist JR transforms an iconic Parisian landmark.
In Tuesday’s Morning Wire, our Today in History about Anne Boleyn, second wife of England’s King Henry VIII, was inaccurate. She was beheaded in 1536, not 1563.
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President Donald Trump speaks to the press after returning and stepping off Air Force One on Wednesday, at Joint Base Andrews, Md. (AP Photo/Jacquelyn Martin)
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Trump has long kept his tax returns secret. He says that might change now, after IRS deal
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After President Donald Trump’s legal team forged a deal with the Justice Department this week — which includes permanently dropping tax claims against the president, his family and associates — the president told reporters Wednesday he may release his tax returns. Read more.
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- If Trump makes good on that suggestion, it would end years-long speculation over how much the Republican president owes the federal government. But Trump has made dozens of promises in years past to release his returns, as other presidents routinely have done, only to renege on that commitment.
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RFK Jr. fires leaders of group that sets guidelines for preventive health screenings
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In letters dated May 11, Health Secretary Robert F. Kennedy Jr. fired the two leaders of an influential health group which determines when insurance must provide free preventive care, like mammograms and colonoscopies, for millions of Americans. Read more.
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The Department of Health and Human Services already had largely sidelined the U.S. Preventive Services Task Force, which left some long-expected updates on cervical cancer screenings and other topics in limbo.
Kennedy’s letters don’t make clear why he ousted the two leaders from the panel. He praised their service and said he was reviewing task force appointments. An HHS spokesman didn’t respond to questions about why the two were fired. Some health advocates had worried that Kennedy was preparing to replace the expert panel with less experienced political appointees, like he had done with a critical vaccine advisory committee.
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SpaceX reveals plans for what could be the biggest-ever IPO
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Elon Musk announced plans Wednesday for one of the biggest sales of stock to the public ever for his company SpaceX, which is currently losing billions of dollars a year. Read more.
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The prospectus did not put a dollar figure on the amount Musk hopes to raise, but various reports have put it at $75 billion or so. The stock sale could make Musk the world’s first trillionaire. Forbes currently puts his net worth at $839 billion. An $75 billion offering would easily surpass history’s largest IPO, from Saudi Aramco, the oil giant that went public seven years ago and raised $26 billion.
The prospectus reads in part like a Hollywood fantasy version of the future. One section details how part of Musk’s compensation will be granted only if he maintains “a permanent human colony on Mars with at least one million inhabitants.”
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Inflation of the artwork “The Pont Neuf Cave” by French street artist JR on the Pont Neuf bridge, with the Eiffel Tower behind it, Thursday, in Paris. (AP Photo/Thomas Padilla)
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The oldest bridge in Paris gets a rocky makeover
If you’re planning a trip to Paris and hoping to admire the iconic Pont Neuf bridge, you might be in for a surprise. The historic landmark — which has spanned the Seine for over 400 years — has been temporarily transformed into a giant inflatable “cave.” By Thursday, the 17th-century landmark looked less like a masterpiece of French renaissance architecture, and more like a prehistoric cliff. From June 6-28, the cave will be open to the public. Watch how workers put it together and see what JR, the artist behind the installation, says about the work.
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It’s been nearly two months since I’ve started waking up extra early to write the Morning Wire, and I’ve been loving it. Thanks for sticking with me and please let me know what you think of the newsletter. You can sign up for more and invite a friend here. For news in real time visit APNews.com. - Nadja
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It’s been nearly two months since I’ve started waking up extra early to write the Morning Wire, and I’ve been loving it. Thanks for sticking with me and please let me know what you think of the newsletter. You can sign up for more and invite a friend here. For news in real time visit APNews.com. - Nadja
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