Founder of Lead-Lag Media and Publisher of The Lead-Lag Report. Five-time Dow & Founders Award winner. Host of the Lead-Lag Live podcast.
Five presidential determinations invoking the Defense Production Act signal a fundamental shift in how Washington views energy infrastructure — and who profits from it.
FS Credit Opportunities Corp.
On June 19, 2026, the Department of the Interior proposed opening 1,450 new hunting and fishing access opportunities across 111 wildlife refuges and fish hatcheries — 92 million acres of federal land, one deregulatory stroke, and a cohort of public equities priced as if it never happened.
Trump’s June 3 executive order strengthens CBP enforcement penalties, expands disclosure requirements, and prioritizes forced-labor, misclassification, undervaluation, and transshipment cases.
The June 18 rule eliminates effects-based liability for DHS and FEMA grant recipients — and skips notice-and-comment.
Six paragraphs from the Bureau.
The Federal Register publishes the final rule June 22, amending 49 CFR Parts 383 and 384.
Section 232 tariffs on agricultural equipment dropped from 25% to 15%.
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