The Daily Five · Friday, June 26, 2026

Today's edition arrives at 8:45 AM ET — until then, the morning of June 26.

The lead
Ranked number 1: Immigration Hard-Liners Repeatedly Lost in Court Before Justices Ruled in Their Favor
The Supreme Court has ruled that the Trump Administration has broader authority to deport immigrants here under the Temporary Protected Status (T.P.S.) program. This marks the first Republican win in a series of high-profile Supreme Court cases that will affect immigration, gun laws, and more. With the downfall of the T.P.S. program, hundreds of thousands of immigrants could face renewed deportation efforts.
The New York Times· Hamed Aleaziz· June 25, 2026
Ranked number 2: Ukraine’s Growing Drone Armada Is Overwhelming Russia’s Air Defenses
Ukraine's investment and development into drone swarms has brought a new reality to Russia and its citizens. With the newfound production capacity of an estimated seven million drones this year, both short and long range, Ukraine has brought the war into the vision of everyday civilians. Targeting critical oil infrastructure and triggering air raid sirens, it is believed Ukraine has knocked out potentially 20% of Russia's refining capacity, leading to restrictions on fuel.
Wall Street Journal· Alistair MacDonald & Daria Matviichuk· June 25, 2026
Ranked number 3: UN agency pauses evacuation of ships through the Strait of Hormuz after attack on vessel
Iran remains determined to project authority over the Strait of Hormuz, using a drone attack on a passing vessel. Since the beginning of the U.S.-Israel-Iran war, trade within the Strait has ground to a halt, only now beginning to recover after security assurances from the U.S. and the U.N. The fear of crossing by shipping companies, increasing oil and trade costs across the globe, has been a vital chip on Iran's shoulder when going into negotiations with the U.S.
Associated Press· Jon Gambrell, Matthew Lee, & Konstantin Toropin· June 25, 2026
Ranked number 4: US Supreme Court expands Second Amendment rights, eyes more gun cases
Another key Supreme Court decision that was released this week expands gun-rights protections, specifically striking down a Hawaii law allowing business owners to stop gun owners from entering. This ruling shows a newfound appetite within the Supreme Court to restrict exactly what type of state legislation can be enforced regarding gun control, taking a much more conservative approach to protect gun owners.
Reuters· John Kruzel· June 25, 2026
Ranked number 5: Donald Trump Jr set for Kalshi windfall after prediction platform gave him stake
The economic corruption of the Trump family is well known and even more well-documented, and Donald Trump Jr's hand in the gold pot that is Kalshi is just another way they've used the office of the President to rake in billions. Shortly after Trump won the presidency, his son was donated $300,000 worth of shares in Kalshi while also being offered a strategic adviser role. Shortly after, regulatory bodies have not only dropped suits against Kalshi, but have also taken a laissez-faire approach to further regulation.
Finacial Times· George Steer· June 25, 2026

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Immigration Hard-Liners Repeatedly Lost in Court Before Justices Ruled in Their Favor

The Supreme Court has ruled that the Trump Administration has broader authority to deport immigrants here under the Temporary Protected Status (T.P.S.) program. This marks the first Republican win in a series of high-profile Supreme Court cases that will affect immigration, gun laws, and more. With the downfall of the T.P.S. program, hundreds of thousands of immigrants could face renewed deportation efforts.

The New York Times· Hamed Aleaziz· June 25, 2026

Ukraine’s Growing Drone Armada Is Overwhelming Russia’s Air Defenses

Ukraine's investment and development into drone swarms has brought a new reality to Russia and its citizens. With the newfound production capacity of an estimated seven million drones this year, both short and long range, Ukraine has brought the war into the vision of everyday civilians. Targeting critical oil infrastructure and triggering air raid sirens, it is believed Ukraine has knocked out potentially 20% of Russia's refining capacity, leading to restrictions on fuel.

Wall Street Journal· Alistair MacDonald & Daria Matviichuk· June 25, 2026

UN agency pauses evacuation of ships through the Strait of Hormuz after attack on vessel

Iran remains determined to project authority over the Strait of Hormuz, using a drone attack on a passing vessel. Since the beginning of the U.S.-Israel-Iran war, trade within the Strait has ground to a halt, only now beginning to recover after security assurances from the U.S. and the U.N. The fear of crossing by shipping companies, increasing oil and trade costs across the globe, has been a vital chip on Iran's shoulder when going into negotiations with the U.S.

Associated Press· Jon Gambrell, Matthew Lee, & Konstantin Toropin· June 25, 2026

US Supreme Court expands Second Amendment rights, eyes more gun cases

Another key Supreme Court decision that was released this week expands gun-rights protections, specifically striking down a Hawaii law allowing business owners to stop gun owners from entering. This ruling shows a newfound appetite within the Supreme Court to restrict exactly what type of state legislation can be enforced regarding gun control, taking a much more conservative approach to protect gun owners.

Reuters· John Kruzel· June 25, 2026

Donald Trump Jr set for Kalshi windfall after prediction platform gave him stake

The economic corruption of the Trump family is well known and even more well-documented, and Donald Trump Jr's hand in the gold pot that is Kalshi is just another way they've used the office of the President to rake in billions. Shortly after Trump won the presidency, his son was donated $300,000 worth of shares in Kalshi while also being offered a strategic adviser role. Shortly after, regulatory bodies have not only dropped suits against Kalshi, but have also taken a laissez-faire approach to further regulation.

Finacial Times· George Steer· June 25, 2026