2026-05-14
Xi warns Trump on Taiwan. UK health secretary resigns. Crypto bill advances.
Good evening. Beijing's warning, London's upheaval, and a bipartisan crypto vote. The day packed more diplomatic theater than most weeks manage.
What Actually Happened
Clarity Act passed Banking Committee 15-9 Thursday. Last-minute bipartisan push sent it to the floor. Democrats and Republicans united on at least this one thing.
First federal law defining regulatory authority over digital assets cleared Thursday. Crypto industry declared victory. Nobody surprised.
Chinese leader cautions US president that misalignment on Taiwan could send relations down a path both may regret.
Wes Streeting quit Prime Minister Keir Starmer's Cabinet. He's expected to lead a challenge to Starmer's leadership.
During Beijing visit, Trump formally invited Xi and Madame Peng to visit. Invitation extended mid-summit, mid-warning.
Secretary of State said both nations agree the strait should not be militarized—this while Iran keeps it closed despite ceasefire.
Drones bound for Russia crashed in Latvia last week. One political casualty followed.
Group filed suit Wednesday alleging state land donation for presidential library is unconstitutional. They say the transaction never should have happened.
- Remains of second missing soldier found in Morocco
- Border Patrol Chief Mike Banks resigns
- Cerebras CEO's IPO debut nets $3.2 billion fortune
- Jury awards family $49.5 million in Boeing 737 MAX case
- German intelligence rejects Palantir for French alternative
- Storms kill at least 96 in northern India
- AT&T, T-Mobile, and Verizon join forces to eliminate mobile coverage dead zones
- Microsoft CEO testified on OpenAI investments
- Cerebras rises 89% in market debut
- Streamer charged after shooting outside courthouse
"Worth paying attention to. Don't doomscroll."
"Below the radar. Statistically rare; enjoy it."
Xi warned, Streeting quit, crypto passed—Congress agrees on digital money while diplomats argue about everything else.
Back at 7:00 AM ET with the morning shot brief.