WSJ Opinion: Potomac Watch

The Justices strike down the President's "emergency" tariffs, ruling that a law called IEEPA doesn't give him limitless power to tax imports on a whim. But will Trump try to reimpose his tariff policy using other laws, or is the GOP quietly breathing a sigh of relief, as the 2026 midterms near amid mixed economic signals?

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To raise taxes on the rich, New York's Mayor wants help from Albany and Gov. Kathy Hochul. And if they refuse? Mamdani now says he'll jack up property taxes by nearly 10%. But isn't overspending the problem? Plus, the Congressional Budget Office offers an estimate for federal deficits over the next decade: $24 trillion.
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Secretary of State Marco Rubio offers tough love to U.S. allies in a speech at the Munich Security Conference, in contrast to Vice President JD Vance last year. Will this be the GOP's choice once Donald Trump leaves office? Plus, Alexandria Ocasio-Cortez gets tripped up on Taiwan, and another U.S. aircraft carrier nears Iran.

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The Environmental Protection Agency rescinds its 2009 assertion that it can regulate greenhouse gases under the Clean Air Act, because they "endanger" public health. EPA Administrator Lee Zeldin says this means cheaper cars and no more EV mandates, but is it going next to the courts, and maybe the Supreme Court?

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Congress skips town without funding the Department of Homeland Security, as a partial shutdown nears for the TSA and more, while border czar Tom Homan winds down immigration raids in Minnesota. Plus, does President Trump see his vulnerability, with voters now telling pollsters that Joe Biden did a better job?

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