SCOTUS majority clear in Learning Resources that IEEPA doesn’t give carte blanche authority for executive action. We’ve written previously that the Court would be wary of overextending this 50-year-old statute (when Biden’s Treasury Dept tried to use IEEPA to sanction open source software). Two things of note (1) the Court left the door fairly open for tariffs under non-IEEPA authorities and (2) the Court doesn’t always split along ideological lines as everyone tends to suggest. Today is a prime example with two Trump appointees (Gorsuch and Barrett) ruling against his position. People forget that a Republican appointee wrote the majority in the original Roe v. Wade and a Democrat appointee wrote a dissent (!), Scalia provided the deciding vote against broad government searches in Kyllo and again in favor of the marijuana industry, etc. The list goes on.

🚨 BREAKING: SUPREME COURT LAUGHS VIRGINIA DEMOCRATS OUT OF THE ROOM — the 10D-1R map STAYS struck down, Dems have LOST the case LMAO! They just got pummeled by BOTH SCOTUS and the VA Supreme Court. The map will remain as-is. Hakeem Jeffries is LIVID tonight! Another win! 🔥 The DEI Attorney General Jay Jones got laughed out of court!

“Their worldview requires them to use the perception that there is an oppressed class that the conservatives are repressing, and only the Democrats are the saviors.” @GeneHamilton breaks down SCOTUS’ recent voting rights decision on The Arena

Anthropic just lost its bid to pause the government's supply chain designation while the legal fight plays out. A 3-judge DC Circuit panel (one level below SCOTUS) ruled the "equitable balance cuts in favor of the government." To win a stay, you need to show (1) you're likely to win the underlying case and (2) you'll suffer irreparable harm beyond just money. The court shot down both — and used Dario's own words against him on the irreparable harm question. The panel of judges they drew couldn't have been better for the Administration if they'd picked themselves. So what's next? Anthropic could push for full en banc review — all 11 DC Circuit judges weighing in. But given the expedited briefing schedule set for May, it's hard to see the full court stepping in before the 3-judge panel rules on the merits which I expect could come in June. TLDR – at a minimum Anthropic’s relationship with the DoW will likely remain in limbo for another two months, unless the parties settle sooner.

Hot take on today’s AI framework: these issues are so complex that even a pro-AI administration is deferring the hardest calls to Congress and the courts. This framework signals momentum and kudos to those who did such important work on it. But it still leaves open some thorny questions: -Federal preemption sounds clean, but could the undefined “traditional state police powers” carveout swallow it whole? -LLM copyright? Handed to the courts—leaving massive, open-ended risk on both liability and damages. SCOTUS likely won't take up the issue until there's a circuit split which will take many years. Meanwhile the race is on to file in district courts, as happened again in San Jose just this week (BMG case). Translation: clarity on paper, uncertainty in practice.

A few weeks ago, I met with Girl Scouts on their trip to @MontereyAq. We talked about the magical world just beneath the surface of our oceans, and how our fates are inextricably linked. I hope you’ll check out Our Oceans from @HGMedia, which is streaming now on @Netflix.

At the White House Science Fairs, we would invite young people from across the country to share their hard work. I still remember this talented group of Girl Scouts who designed a flood-proof bridge model – and brought me some great headgear!

Another week of building the foundational infrastructure for the global Agent Economy. Here is what we delivered: 1️⃣ We brought agentic commerce to life with Kite Passport: agents search, filter, rank, and check out under user-defined budgets and criteria, with no shared credentials and no per-step approvals. 2️⃣ Our VP & Global Head of BD @lei_lei0904 represented Kite on the Agentic Payments panel at @consensus2026 in Miami, alongside @programmer (@CoinbaseDev / x402), @rohinlohe (@Cloudflare), and @0xbury (@virtuals_io), hosted by @CoinDesk. 3️⃣ Our Co-Founder & CTO @scottshics joined Saif Farooqui (@CorgiLabs) and Ujwal Chaudhari (@Visa) at the Agentic Commerce 101 Meetup in San Francisco, on how agents are moving from demos to real transactions. 4️⃣ We co-hosted the AI Agent Builders Gathering in San Francisco with @CreaoAI, @YottaLabs, and @kuseHQ, where @scottshics introduced Kite and ran a live demo for builders across the agent stack. 5️⃣ At @animocabrands Portfolio Day, our Co-Founder & CEO @ChiZhangData sat down with @alanlau999 on why credit-card rails break under autonomous agents, and why programmable money plus verifiable identity is the unlock. 6️⃣ We partnered with @ankr to launch Kite RPCs across their global infrastructure, giving developers a reliable, low-latency layer for secure, low-fee micropayments at scale. 7️⃣ We welcomed @WheelX_fi to Kite Mainnet, enabling users and agents to bridge any token from 50+ networks into $WETH on Kite in a single click. 8️⃣ We were featured in @KhalaResearch's deep-dive on x402 and the agentic commerce stack, validating Kite as an agent-native L1 with BIP-32 three-tier identity, stablecoin-native settlement, and dual backing from @cbventures and @PayPal Ventures. 9️⃣ We opened the next wave of hiring at @GoKiteAI for builders ready to ship the payment infrastructure of the agent economy. The rails for machine-to-machine value exchange are live, scaling, and being adopted. 🪁