Brexit –> The UK has voted to leave the European Union, a decision that has tremendous, some would say earthshaking, implications. The vote was 52 percent to 48.
Bloomberg reports: “Global markets buckled as Britain’s vote to leave the European Union drove the pound to the lowest in more than 30 years and European banks to their steepest losses on record.”
The Economist writes: “What happens now? Nothing immediate, is the answer for EU nationals living in Britain and Britons living elsewhere in the EU, as well as for businesses on both sides of the Channel. It will all depend on negotiations that could take years — and no one is sure quite how many years, because the only precedent is Greenland, with a population today of around 50,000, which voted to leave in 1982. The first aim of David Cameron… will be to calm the markets.”
Meanwhile, with the Brexit results in, Scottish politicians called for another referendum on whether or not their country should remain part of the UK, or separate and remain part of the EU.
And: While some see the results as a possible step toward reunifying the UK’s Northern Ireland with the Republic of Ireland (which does remain in the EU), Irish Prime Minister Enda Kenny said, “I am very sorry that the result of the referendum is for the UK to leave the European Union. However, the British people have spoken and we fully respect their decision.”
By the way, Donald Trump thinks the Brexit news is “fantastic.”
Who’s next? According to polls by Ipsos Public Affairs, more than 50 percent of the populations in France and Italy would like their country to hold a referendum on its membership in the EU.
Bernie Sanders will vote for Hillary Clinton –> David Weigel in The Washington Post: “For the first time, Bernie Sanders said in an interview on MSNBC Friday morning that he will vote for Hillary Clinton. Sanders, who has not conceded, is still in negotiations with Clinton over the party platform and has plans for two rallies in New York on Friday.” Sanders told the hosts of Morning Joe, “I think the issue right here is I’m gonna do everything I can to defeat Donald Trump.”
Momentous indecision –> Dara Lind at Vox: “In the most consequential 4-4 deadlock of the term, the Supreme Court has all but killed President Obama’s most significant attempted reform of immigration policy — which would have allowed up to 4.5 million immigrants to apply for protection from deportation and work legally in the US. The Court announced Thursday that it was unable to reach a decision in the case United States v. Texas. That means the ruling of the Fifth Circuit Court of Appeals stands — which had kept the programs (known as DAPA and DACA+) from going into effect.” You can read the decision here — it’s only one line.
Affirmative action is upheld –> Adam Liptak at The New York Times: “The Supreme Court on Thursday rejected a challenge to a race-conscious admissions program at the University of Texas at Austin, handing supporters of affirmative action a major victory. The decision, Fisher v. University of Texas, No. 14-981, concerned an unusual program and contained a warning to other universities that not all affirmative-action programs will pass constitutional muster. But the ruling’s basic message was that admissions officials may continue to consider race as one factor among many in ensuring a diverse student body.”
Shedding light on dark money –> Beginning today, the Federal Communications Commission is requiring radio broadcasters and cable TV stations to begin uploading political ad contracts to a public online database, where they will be available for public inspection. Broadcast TV stations have been required to do so for the last several years. It’s a major win for political transparency as the ad files — which previously could be inspected only by making in-person visits to the individual stations — often provide the only information on the activities of dark-money groups that don’t have to file paperwork with the Federal Election Commission.
Trump’s ousted campaign manager joins CNN –> Michael Calderone at The Huffington Post: “As Donald Trump’s campaign manager, Corey Lewandowski demonstrated unusual hostility toward the media. Now he’s joining them. There’s long been a revolving door between politics and media, with former senior operatives quickly finding new homes as TV commentators. Yet Lewandowski’s hiring by CNN is striking not only because his commentary may be constrained by a nondisclosure agreement, but also given his especially abrasive dealings with journalists from various news organizations, including CNN.”
Sit-in ends –> Democrats left the House floor yesterday after occupying it for 25 hours protesting congressional inaction on gun violence. They plan to continue their push for gun control in their districts and return after the Fourth of July recess to renew the fight on Capitol Hill.
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