Sentencing date set for July 11—four days before the GOP convention in Milwaukee.

Trump has been found guilty on all counts in his hush-money trial, becoming the first American president to be found guilty of a crime. wsj.com

Another crushing day of saying goodbye to colleagues who have gone above and beyond for WSJ and its readers. Thanks for setting the bar high, I hope you know how much you'll be missed.

Well, more @wsj layoffs today. Dow Jones stock is up, margins are up, there’s a new windfall AI deal in place and we’re cutting good reporters.

“The text thread, the contents of which have not previously been reported, shows that for years the deputies chattered routinely about ways to humiliate and brutalize criminal suspects.”

The FDIC chairman said last week he would resign. Then he went back to work.
The upshot: Not much has changed inside the agency. Some wonder if the resignation was a political head-fake to keep the status quo in place. W/⁦Rebecca Ballhaus⁩ wsj.com/finance/regula…

“Navarro wrote to The Wall Street Journal from prison in Miami.” ⁦Alex Leary⁩ wsj.com/us-news/law/pe…

Elon Musk, along with the billionaire investor Nelson Peltz, has briefed Trump on a plan they’ve developed to invest in a data-driven project to prevent voter fraud. wsj.com/politics/donal…

The FDIC IG, in a memo to Gruenberg, says it has 'learned of several allegations of misconduct regarding senior FDIC officials that were not reported to the OIG in a timely manner.' A special inquiry into executives' knowledge of harassment is ongoing. fdicoig.gov/sites/default/…

Henry Cuellar's sister, Rosie, had a job as a judge where she has heard no cases in a town with no court and no police department.

And their brother Martin, a Texas sheriff, was named in a federal subpoena in an investigation into cleaning contracts.
notus.org/texas/cuellar-…

A Herald investigation, based on more than a dozen interviews with students, staff and admissions experts, revealed how influential members of the Brown community routinely recommend students for admission.

browndailyherald.com/article/2024/0…

House Financial Services Committee to hold a hearing on FDIC workplace culture, requesting that a representative from the law firm that conducted the external investigation and Marty Gruenberg testify.

Just to reiterate: 60 weeks. 60 weeks. 60 weeks. 60 weeks too long.
#IStandWithEvan

Nikki Haley says she plans to vote for Trump. wsj.com/politics/elect…

FDIC Chairman Martin Gruenberg bowed to pressure to resign after The Wall Street Journal exposed over the last year a culture of sexual harassment, drunkness and zero culpability
Rebecca Ballhaus and Andrew Ackerman w/ yet another scoop on it
wsj.com/politics/polic…

NEWS: FDIC chairman Marty Gruenberg tells staff he plans to step down after a successor is confirmed, after the Dem Senate Banking Committee chairman earlier today called for new leadership. w/Andrew Ackerman wsj.com/politics/polic…

Story here: wsj.com/politics/polic…

Brown's call for Gruenberg's ouster is a big shift from last week, where he was critical of the agency's culture but called on the chairman to make major changes rather than to resign.

Big news: Sherrod Brown, the Dem chair of the Senate Banking Committee, calls for new leadership at the FDIC. He's by far the most powerful Democrat who has called for Gruenberg to go so far.

.@byrontau and I have story out today that digs into fundamental questions about home buying: Why do Americans pay more in commission fees than many developed countries? And where does that money go? (It also features dancing party robots, people on stilts, custom cowboy boots