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President Donald Trump came to see the Knicks at Madison Square Garden for the NBA Finals. Now, the champs are returning the favor. Knicks owner James Dolan confirmed Wednesday during an interview on WFAN that the team will go to the White House to be feted by the president. It will mark the first time an NBA champion is visiting the White House in either of Trump’s two terms. “We just did receive an invitation from the White House, which we accepted,” Dolan said when asked about a potential visit to the nation’s capital. “We still have to figure out the details, et cetera, but yes, of course.

Oklahoma GOP Rep. Kevin Hern, who President Donald Trump endorsed to replace Homeland Security Secretary Markwayne Mullin in the Senate, won his party's nomination Tuesday night, according to the Associated Press. The projection marks another expected victory for the president, who has helped dozens of Republican candidates win their primaries so far. Hern was expected to win the nomination after notching endorsements from the president, Senate Majority Leader John Thune and National Republican Senatorial Committee Chairman Tim Scott of South Carolina.

The Federal Reserve held interest rates steady on Wednesday, despite high inflation rates. Wholesale business inflation was over 6% in May and overall consumer inflation was over 4%, stemming from the economic pressure of the war in Iran. Oil prices remain higher than they were prior to the war in Iran, but they fell to under $80 per barrel on Wednesday as the U.S. and Iran are expected to formally sign a memorandum of understanding in Geneva on Friday. Wednesday's announcement was the first with Trump nominee Kevin Warsh serving as chair. In February,

Five passages of the 14-point memorandum of understanding that was released Wednesday are giving critics particular concern because they leave so much room open for negotiation and interpretation. The agreement, which President Trump signed on Wednesday, will serve as the basis for 60-day negotiations that will hammer out the fine details of a plan to end Iran’s nuclear ambitions and reopen the Strait of Hormuz. US officials described the framework as a pathway to ending hostilities and reopening negotiations. But some observers pointed to vague language involving Lebanon, Iranian assets, the Strait of Hormuz and future US policy toward Iran.

President Trump on Wednesday barred Director of National Intelligence nominee Jay Clayton from showing up to his confirmation hearing just hours before an eager Senate was to fast-track his nomination. Trump made the surprise demand over Truth Social in his latest dustup with Senate Republicans, insisting instead they first confirm Clayton’s successor as US Attorney for the Southern District of New York. In a rare flex, Republicans initially sought to forge ahead with the hearing in a rush to get Clayton in place to succeed outgoing DNI Tulsi Gabbard — and avoid installing federal housing chief Bill Pulte into the role on an interim basis.

democratic socialist candidate in the mold of New York’s Zohran Mamdani is poised to win the Washington, D.C., mayoral election, setting the city on a collision course with the Trump administration’s plans to remake the nation’s capital city. After results began pouring in after the election on Tuesday night, the democratic socialist candidate Janeese Lewis George appeared poised to clinch the Democratic nomination, and thus secure the mayor’s seat in a general election with no opposition. D.C. is employing ranked-choice voting for the first time this year, and therefore the results are still not final as votes from the lagging candidates are reallocated.