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Wednesday, May 6, 2026

The Supreme Court Needs A Clock

 by Frank Miele via RealClearPolitics,

The Supreme Court decides cases. But it also decides when to decide them – and that timing can be just as consequential as the ruling itself.

Now we have a real-world example.

In a closely watched decision last week, the Supreme Court ruled 6-3 that Louisiana’s creation of a second majority-black congressional district violated the Constitution, holding that race cannot be used too heavily in drawing political maps, even to comply with the Voting Rights Act.

Reasonable people can agree with that conclusion. The Constitution promises equal protection under the law, and the idea that race should not dominate redistricting decisions is consistent with that principle. For years, the court has struggled to reconcile the Voting Rights Act with the Equal Protection Clause. This ruling moves that balance in a more colorblind direction.

But the substance of the ruling is only part of the story.

The timing matters too.

The case was argued twice – first in March 2025 and again in October – and for months it sat undecided, even as the justices’ questioning during oral arguments suggested that a conservative majority was likely to strike down race-driven congressional districts. Some observers questioned whether the delay reflected more than ordinary deliberation, given how the timing of the ruling could affect the current election cycle. But whatever the reason, states were left waiting, unsure how the law would ultimately be interpreted.

Meanwhile, political calendars did not stop. In an unusual step, both Republican- and Democrat-led legislatures have been working to redraw congressional maps mid-decade, partly in response to political pressure from President Trump. But they could not know whether the court’s interpretation of the racial component of redistricting would change – or how.

Each state was left without certainty as the midterm elections approached. Louisiana was already in the middle of absentee voting for congressional elections when the court’s ruling invalidated its district map. The governor said he had no choice but to suspend the House elections in response. Even prior to the ruling, Mississippi’s governor signed an executive order calling for a special legislative session to redraw districts 21 days after the much-anticipated decision. And in Florida, Gov. Ron DeSantis had already positioned lawmakers to act, placing redistricting on the agenda of a special session, ensuring the state could move quickly once the court ruled.

Most other states are scrambling to determine how the court’s ruling impacts them, especially during the current election cycle. For the most part, redistricting is not instantaneous. It requires legislation, legal review, and often additional litigation. Every week that passes reduces the number of states that can realistically redraw maps before the midterms. A decision handed down earlier in the term might have produced one set of outcomes. A decision handed down now may produce another.

That is not a criticism of the ruling itself. It is a recognition that timing is not neutral.

Most Americans focus on what the court decides. Far fewer consider the significance of when those decisions are released. But in a system where legal rulings intersect with political processes, timing can shape outcomes just as surely as legal reasoning.

Whether intentional or not, the court’s discretion over timing creates an opportunity for influence that extends beyond the law. A delay – even one rooted in ordinary deliberation – can affect elections, legislative agendas and, ultimately, who holds power. But what if the delays are intentional? Might the minority justices in the Voting Rights Act decision knowingly have withheld their dissents as a tactic to postpone the ruling’s impact? We will probably never know, but even the possibility suggests the need for reform.

But how could reform occur? In most areas of our government, the people hold the key. Members of Congress must answer to voters. Presidents face elections and constant political pressure. When procedures break down or public confidence erodes, those institutions are pushed – sometimes reluctantly – to adapt.

The Supreme Court is different.

Its members serve for life. Its internal processes are self-governed. Congress can shape the court at the margins – including aspects of its jurisdiction – but it does not and realistically cannot control the internal mechanics of how and when the court issues its decisions. Nor can the president. That is a function of the separation of powers.

The result is an institution largely insulated from the kinds of external pressures that force reform elsewhere in government.

Within that insulation lies a vulnerability.

Timing, left entirely to internal discretion, can become a form of influence. A majority controls when a decision is issued. But the minority, through the drafting of concurring and dissenting opinions, can affect how long deliberations continue. A chief justice may have procedural tools that shape the pace of the court’s work, but up until now, most chief justices have given court minorities considerable discretion to determine their own timelines.

We have seen how that discretion operates under pressure. In the Dobbs case, a draft majority opinion overturning Roe v. Wade was leaked weeks before the final decision was issued. During that period, the court faced intense public pressure, protests at the homes of justices, and heightened security concerns. If a majority justice had been removed from the court before the decision was finalized, through intimidation or even assassination, the result would have been a tie, effectively nullifying the ruling as a national precedent. Yet the court did not accelerate its timetable.

That is not a judgment about the justices’ motives. It is a reflection of the reality of the court’s process. A final decision does not emerge until the full cycle of majority, concurring, and dissenting opinions is complete. That means the timing of a ruling is not controlled by the majority alone. It is shaped by the pace of the court as a whole.

The power to affect that timing – even under extraordinary circumstances – rests entirely within the court itself.

That is precisely why a clock is needed. It would not assume bad faith. It would remove the opportunity for timing itself to become a form of influence.

If timing can shape outcomes, then timing should be governed.

The solution need not be complicated. Chief Justice John Roberts could adopt a formal internal rule requiring that opinions – both majority and dissenting – be finalized within a defined period. That period could be measured from oral argument or from the circulation of the majority draft. It could allow for limited extensions in extraordinary cases.

But it would establish a principle – that decisions will be issued within a reasonable and predictable timeframe.

Critics will say that such rules could rush deliberation. That concern is real. But delay has costs as well – costs that are now visible.

A court that wields immense power over the direction of the country should not also wield unlimited discretion over when that power is exercised. It’s time the Supreme Court recognized this reality – and governed itself accordingly.

Frank Miele, retired editor of the Daily Inter Lake in Kalispell, Mont., is a columnist for RealClearPolitics. His book “The Media Matrix: What If Everything You Know Is Fake” is available from his Amazon author page. Visit him at HeartlandDiaryUSA.com or follow him on Facebook @HeartlandDiaryUSA and on X/Gettr @HeartlandDiary.

https://www.zerohedge.com/political/supreme-court-needs-clock

Traders point to suspicious activity in the oil market

 Oil contracts worth $1.7 billion changed hands in the hour before an Axios report sent oil prices lower Wednesday. Some experts are calling the spike in activity suspicious.

Some said a spike in trading volume in the oil market on Wednesday looked suspicious.

Trading volume in U.S. crude-oil futures suddenly spiked early Wednesday in the hour before a media report sent prices tumbling - the latest in a pattern of suspicious activity in the market for oil futures that has emerged since the start of the conflict in Iran.

At around 4:50 a.m. Eastern time, Axios published a report, citing U.S. officials, that the White House believed the U.S. and Iran were nearing a deal on a one-page memorandum to end the fighting and set a framework for future talks toward a nuclear deal.

President Trump has repeatedly said that the U.S. and Israel decided to attack Iran in late February in an effort to ensure Iran would never be able to develop a nuclear weapon.

Beginning roughly one hour before the report hit the newswires, trading in front-month West Texas Intermediate crude-oil futures (CL00) (CL.1) suddenly spiked. Roughly 17,300 contracts with an estimated value of more than $1.7 billion changed hands during this time, with the bulk of activity occurring before 4:10 a.m. Eastern, according to Dow Jones Market Data. Trading volume spiked again shortly after the Axios report hit the newswires at around 4:50 a.m. Eastern.

Several oil-market experts told MarketWatch that the activity looked like somebody with advanced knowledge trading ahead of the report. Axios and the White House didn't return requests for comment.

Bloomberg reported last month that the Commodity Futures Trading Commission was looking into a pattern of suspicious activity in the oil market around market-moving Truth Social posts and media reports. A representative for the CFTC told MarketWatch on Wednesday that the agency doesn't confirm or deny investigations.

Trading volume during the early hours of Eastern Standard Time is usually pretty subdued, said Gregory Brew, a senior analyst at Eurasia Group who is focused on energy markets and Iran. He added that he believed this morning's crude-oil trading activity was suspicious.

"This looks like a high volume of trading in the early morning, which is unusual," Brew told MarketWatch.

Other energy-market experts agreed.

Ilia Bouchouev, former president of Koch Global Partners and a leading energy-trading expert, also said that the early-morning trades today were suspicious. He added that today's action was perhaps slightly less brazen than previous oil-market activity because the trades today occurred during London morning hours. He referred to suspicious trading on April 7 that took place before morning trading in London normally picks up.

"But obviously the pattern of foul play continues," Bouchouev said in an email to MarketWatch.

Two longtime energy traders - who asked for anonymity because they were not authorized by their employers to speak publicly - said the activity looked suspicious enough to undermine confidence in the market. They also noted that definitively proving who made these trades, and whether or not they were inspired by insider knowledge, would be difficult.

Recently, a pattern of suspiciously timed trades placed on prediction markets and the oil futures markets have caught the attention of members of Congress. On Wednesday, Massachusetts Sen. Elizabeth Warren posted to X a link to a Guardian story from last month highlighting some of these examples.

"Was that just luck? Looks like insider trading to me," she said. MarketWatch has reached out to Warren's office for comment.

On April 7, right before President Trump announced a temporary cease-fire with Iran, traders bet $950 million that oil prices would come down, according to a report in the New York Post. About a week later, suspicious oil trades worth $760 million took place in the 20 minutes before Iran announced that the Strait of Hormuz would stay open to commercial shipping. Tanker traffic through the strait has been heavily constrained since the conflict began.

There have also been allegations of insider trading in prediction markets tied to the conflict, as MarketWatch reported back in March.

Front-month WTI oil futures fell $7.19, or 7%, to $95.08 a barrel on Wednesday, while U.S. stocks DJIA SPX COMP traded higher on hopes for a permanent end to the conflict.

https://www.morningstar.com/news/marketwatch/20260506586/traders-point-to-suspicious-activity-in-the-oil-market-on-wednesday

Elite M&A Lawyers Fed Massive Insider-Trading Ring, US Says

 


Lawyers from top mergers and acquisitions firms provided tips on some of the biggest deals of the last decade to an insider trading ring that made tens of millions of dollars in illegal profits, federal prosecutors said.

Two indictments charging 30 people were unsealed Wednesday in federal court in Boston. None of the firms from whom information was allegedly stolen were identified by prosecutors, but detailed descriptions of the relevant deals indicate they included Wachtell Lipton Rosen & KatzLatham & Watkins and Goodwin Procter.

https://www.bloomberg.com/news/articles/2026-05-06/elite-m-a-lawyers-fed-massive-insider-trading-ring-us-alleges

Cencora misses Q2 estimates, cuts revenue growth outlook but raises EPS guidance

 

Cencora misses Q2 estimates, cuts revenue growth outlook but raises EPS guidance and launches $1B buyback

  • Q2 adjusted EPS grew 7.5% to $4.75 on 4% revenue growth to $78.4B.
  • Gross margin expanded 45 bps to 4.31%, driven by higher-margin OneOncology MSO acquisition.
  • Full-year adjusted EPS guidance raised to $17.65–$17.90 despite reduced revenue growth outlook.
  • Consolidated revenue growth guidance cut to 4–6% from 7–9%, mainly due to U.S. softness.
  • U.S. revenue pressured by $2B wholesale acquisition cost cuts and faster biosimilar conversions.
  • GLP-1 revenue grew $1.9B year over year but is now tracking below prior growth expectations.
  • Operating income growth guidance increased to 12–14%, aided by MSOs and MWI reclassification.
  • International segment delivering double-digit revenue and operating income growth as logistics rebound continues.
  • Company plans to repurchase $1B of stock by calendar year-end under announced buyback program.
  • Free cash flow is about $3B, according to management commentary.
  • Management reiterates long-term 7–10% organic AOI growth target, viewing revenue headwinds as transitory and margin-neutral.
  • Main concern is accelerating revenue headwinds from pricing reforms and biosimilar conversions potentially pressuring future growth.
  • Mixed quarter with strong margin and EPS performance offset by reduced revenue growth outlook.

Justice Jackson just showed why Democrats are desperate to pack the Supreme Court

 Since her appointment by President Joe Biden, Supreme Court Justice Ketanji Brown Jackson has quickly developed a radical and chilling jurisprudence. Her frequent sole dissents and accusatory rhetoric have drawn not just the ire of her conservative colleagues but also that of her liberal colleagues. This week, that tension deepened with a stinging rebuke from Justice Samuel Alito, joined by Justices Clarence Thomas and Neil Gorsuch.

At issue is the finalization of the court’s opinion in Louisiana v. Callais, where the court ruled 6-3 to bar racial gerrymandering. The court reaffirmed the use of Section 2 of the Voting Rights Act to ban intentional racial discrimination in the design of voting districts but effectively found many districts to be unconstitutional in their current form.

There is no reason why the decision should not be finalized except for a blatantly partisan effort to protect Democrats from losing seats in the midterm elections. After all, if these districts are unconstitutional, why shouldn’t states guarantee that voters are given representatives chosen free of racially discriminatory preferences?

That question is even more confusing given the long wait for this opinion. Not only was the case reargued, but there were growing complaints about the delay in releasing the opinion.

Complaints increased after a recent book allegedly reported that Justice Elena Kagan had a vocal confrontation with her colleague, retired Justice Stephen Breyer, over his push to release the dissents in Dobbs after the leaking of that opinion. Breyer reportedly agreed with Chief Justice John Roberts that the conservative justices were facing increased death threats due to the delay. Kagan allegedly wanted to further delay the release.

In the Callais decision, the delay was curious since there were six solid votes for the majority and little fracturing among the opinions. Indeed, the majority opinion's references to the Kagan dissent are relatively brief. Nevertheless, the delay has made it very difficult for states to make changes. A few are moving to delay their primaries or draw new maps under extremely tight calendars.

Regardless of the delay, there is no cognizable or principled reason to withhold the opinion to preserve unconstitutional districts. The case has already been on the docket for an unusually long time due to reargument.

In its one-paragraph order, the court acknowledged that the Supreme Court’s clerk normally waits 32 days after a decision to send a copy of the opinion and the judgment to the lower court. However, it noted that the defenders of the challenged districts had "not expressed any intent to ask this Court to reconsider its judgment." Conversely, the other parties raised the need for states to address the impact of the ruling with the approaching elections.

Jackson stood alone in demanding that the unconstitutional districts be effectively preserved for the purposes of this election — guaranteeing Democratic seats in the midterms that could be lost in nonracially discriminatory districts. Neither Kagan nor Justice Sonia Sotomayor would join her in the dissent, despite dissenting from the Callais decision itself.

However, it was her language again that drew the attention of her colleagues.

Justice Jackson lambasted the court’s ruling, stating that it "has spawned chaos in the State of Louisiana." In an Orwellian twist, Jackson suggested that others were playing politics as she sought to effectively protect unconstitutional Democratic districts. She suggested that the case exposed "a strong political undercurrent."

In arguably the most insulting line, she lectured her colleagues that this case "unfolds in the midst of an ongoing statewide election, against the backdrop of a pitched redistricting battle among state governments that appear to be acting as proxies for their favored political parties."

She further said that, rather than avoid "the appearance of partiality," the court’s action "is tantamount to an approval of Louisiana’s rush to pause the ongoing election in order to pass a new map."

Justice Alito had finally had enough. He noted that her reliance on the 32-day period was a "trivial" objection that put form above substance since no party had asked for reconsideration. It would be waiting for 32 days for no purpose, while the other parties had stated a reasonable and pressing need to finalize the opinion.

He chastised Jackson for a dissent that "lacks restraint." He denounced the dissent as making "baseless and insulting" claims. He particularly objected to the charge that her colleagues were engaging in "an unprincipled use of power," calling it "a groundless and utterly irresponsible charge."

What is even more chilling than Jackson's jurisprudence is the fact that she is often cited as the model for Democrats seeking to pack the court with an instant majority if they retake power. This and other Jackson judicial dissents show why Democrats are so confident that packing the court will yield lasting control of the government.

Jackson recently told ABC News that "I have a wonderful opportunity to tell people in my opinions how I feel about the issues, and that’s what I try to do."

For some of her colleagues, that cathartic benefit is coming at too high a cost for the court.

Jonathan Turley is a Fox News Media contributor and the Shapiro Professor of Public Interest Law at George Washington University.  He is the author of the new book "Rage and the Republic: The Unfinished Story of the American Revolution" (Simon & Schuster, Feb 3, 2026), on the 250th anniversary of the American Revolution.on the 250th anniversary of the American Revolution.

Strangers Next Door: The Decline of Neighborhood Socializing and the Class Divide in Belonging

 

  • Since 2012, the percentage of young adults who talk to their neighbors at least a few times per week dropped from 51 percent to 25 percent. Among seniors, the decline was only seven points (63 percent to 56 percent).
  • Compared with Americans without a degree, college-educated Americans are more likely to have worked with their neighbors to improve a condition in their community (46 percent vs. 34 percent), spent a social evening with a neighbor (58 percent vs. 46 percent), and exchanged texts or emails with a neighbor (65 percent vs. 45 percent).
  • Forty-nine percent of Americans who attend religious services weekly talk to their neighbors regularly, compared with only 31 percent of Americans who never attend religious services.

Executive Summary

The 2025 American Neighbor Survey explores the various ways in which Americans are—and are not—interacting with the people in their immediate communities. In the past decade, the frequency of neighborly interactions has plummeted. This withdrawal has been particularly prevalent among young adults, while seniors have remained more consistently in touch with their neighbors. College-educated Americans also experience stronger neighborhood ties. Compared with Americans who have a high school degree or less, college graduates are more trusting of their neighbors, socialize with them more frequently, and are quicker to rely on them for help in times of need. The report also examines the association between attending religious services and the health of neighborhood ties, finding that more frequent attendees are more engaged neighbors.

Introduction

As Americans spend more of their time online, the neighborhood—once a primary physical location for real-world socialization—is playing less of a central role than ever before. Since the pandemic increased opportunities for remote work and flexible schedules, social interactions among neighbors have fallen. Whether because of social media distractions, travel sports commitments, or the rising use of freelance service providers like Taskrabbit, Americans rely far less on close neighbors and venture out less often into their communities. As Marc Dunkelman contends in The Vanishing Neighbor: The Transformation of American Community, less routine interaction with neighbors and others in the “middle ring” of social connections allows us far fewer opportunities to practice constructive debate.1

Neighborhoods vary in size, shape, and character, but one aspect that affects degrees of interpersonal engagement is the educational and class background of the people who live there. Americans with college degrees have a considerable advantage in maintaining close neighborhood connections. College graduates are more trusting of their neighbors—and more likely to socialize with them and work together to solve community problems. Americans with college degrees also express more comfort with leaning on their neighbors for support. For instance, most parents with a college degree say they would feel comfortable asking a neighbor to watch their children in an emergency, while fewer than four in 10 parents without a degree say the same.

It’s not only a class divide. The new American Neighbor Survey reveals evidence of a religious gap as well. Those who attend religious services frequently are much more socially active in their neighborhoods than are those who seldom or never participate in religious services. Americans who regularly attend religious services have stronger social connections with their neighbors and are more inclined to work with them to address community problems and concerns. Religious Americans interact with their communities differently, and their views about what it means to be a good neighbor are distinct. They are more likely to believe that good neighbors should seek opportunities to help those who live around them, even if their neighbors did not ask for help.

The American neighborhood was once a primary place for socialization. It included the critical social and civic infrastructure that educated new generations, taught them values, and provided a testing ground for their emerging sense of themselves and the wider world they were joining. The neighborhood is still important, but it occupies a less central place than it once did. Young adults have experienced one of the most rapid declines in neighborly interaction—only one in four say they talk with their neighbors regularly, a drop of more than half in just over a decade.

[MORE]

https://www.aei.org/research-products/report/strangers-next-door-the-decline-of-neighborhood-socializing-and-the-class-divide-in-belonging/

DC Police Officials Disciplined Over Allegations Of Manipulating Crime Data

 by Bryan Hyde via American Greatness,

Multiple high-ranking officials in the Washington, DC Metropolitan Police Department (MPD) are facing termination in connection with allegations about how they handled and possibly manipulated crime statistics in the district.

Breitbart reports that three MPD officials told The Washington Post that “multiple high-ranking” officials—all captains or above, all in leadership—were given “papers saying the department intends to fire them.”

According to a DC Police Union press release, the anticipated terminations are directly related to an investigation into allegations that the officials engaged in direct manipulation of crime data to minimize the level of crime in DC.

The union, which represents 3,000 MPD officers, welcomed the decision to terminate the officials, saying, “These actions, tied directly to the department’s completed Internal Affairs investigation into the deliberate manipulation of crime data, mark a long-overdue step toward justice and the restoration of integrity with MPD.”

The Washington Post reports, “The District has reported a decline in overall crime in recent years after a historic spike in 2023. But some in D.C. police circles have long complained that certain managers routinely reduced the severity of crime classifications to make their police districts appear safer or avoid criticism from top department brass.”

In some districts, armed home invasions were written down as “trespassing” instead, dropping a vioIent felony to a low-level misdemeanor, in order to manipulate the crime stats.

The 13 individuals who were served termination papers have not been fired yet as they are entitled to due process under the department’s general orders.

Interim MPD Chief Jeffrey Carroll said, “The administrative process must be allowed to take its course, and that process is outlined in our MPD general orders.”

Carroll added, “Let me be clear, we have made meaningful progress over the last three years in reducing crime. Homicides, shootings and carjackings have fallen steadily since 2023.”

NBC 4 reports that three of the high-level officials worked very closely with former Chief Pamela Smith, including her second-in-command and at least one assistant chief who oversaw patrol in half of DC.

https://www.zerohedge.com/political/dc-police-officials-disciplined-over-allegations-manipulating-crime-data