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Gideon Resnick
Good morning. The so called anti weaponization fund is
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no more as the DOJ bows to pressure from Republican lawmakers.
Gideon Resnick
But as Reuters explains, Trump's new pick to lead the intelligence agencies has kept
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tensions with his party high.
Jonathan Landay
Mr. Pulte's single major qualification for being named by the President appears to be his loyalty to the president.
Gideon Resnick
And tonight, it's an NBA Finals rematch
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years in the making.
Gideon Resnick
It's Wednesday, June 3rd. Third, I'm Gideon Resnick in for Shamita Basu.
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This is Apple News. Today.
Gideon Resnick
It took just over two weeks for
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a massive reversal from the Justice Department.
Acting Attorney General Todd Blanche
The reasons for the fund is something that President Trump talked about for a long time, which is the fact that there were a lot of people in this country who had their government weaponized against them. The reasons for the fund I think remain as important as they were before, but we are not moving forward with the fundamentals.
Gideon Resnick
Acting Attorney General Todd Blanche's remarks at
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a House committee hearing yesterday brought an end to a short lived attempt to set up what the DOJ was calling an anti weaponization fund.
Interviewer or Reporter
Not moving forward ever, Correct. Oh, there's no more fund then?
Acting Attorney General Todd Blanche
Well, to the extent there was a fund, and remember, the fund wasn't set up yet. There were no commissioners named, there was no claims made yet. So, yes, we're not moving forward with the fund.
Gideon Resnick
The roughly $1.8 billion fund emerged from
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President Trump's lawsuit settlement with the IRS.
Gideon Resnick
It was billed as a way to
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offer payouts for people who claimed that they had been prosecuted for political reasons.
Gideon Resnick
A federal judge recently blocked its implementation
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and it received unusually fierce pushback from Republicans who worried the fund would have paid out money to people who had been convicted and later pardoned as part of the January 6 riot at the Capitol.
Gideon Resnick
But another controversial part of the IRS
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settlement would be staying. Blanche confirmed yesterday the deal that he signed off on prevents any audits into the past tax returns from the president or his family.
Gideon Resnick
House Democrats accused Blanche of a conflict
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of interest and suggested the agreement gave the President a form of immunity.
Acting Attorney General Todd Blanche
It's not immunity. Okay, so it's not immunity. What it says is like anytime the IRS settles with an individual taxpayer or another company as part of the settlement, it's standard. It's typical to get rid of past ongoing audits. It's not a forward looking document. It's nothing that gives any sort of immunity in the future to the president or his family or his organizations. And so by you saying that, it's just, it's not true.
Gideon Resnick
The administration's retreat on the fund marked a rare moment where Senate Republicans stood
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up to the White House and the White House blinked. A number of them had said they refused to advance a major immigration bill without big changes to the fund.
Gideon Resnick
Earlier in the day, Senate Majority Leader
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John Thune said that he had been assured that the fund was definitely on
Gideon Resnick
the way out, but he cautioned that
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there would still be work to do to get the immigration bill over the line.
Senate Majority Leader John Thune
We're continuing to have conversations with our members. I think, as I've conveyed to you before, everything comes down to a function of math. Have the votes, do we have 50 votes to execute on getting a bill like that across the floor? Because we have to have Republicans hanging together in order to do that.
Gideon Resnick
Politico reports that it's not an entirely done deal yet. Some Republican senators still had some follow up questions, but if issues can get
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resolved in time, there could be a vote on the immigration bill as soon as Wednesday.
Gideon Resnick
At least one of those senators, Thom Tillis, said that he wants to introduce
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an amendment to ensure that the fund can never come back in the future.
Gideon Resnick
He's gone from being the housing regulator
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to the highest ranking intelligence official in the country.
Gideon Resnick
But President Trump's decision to appoint loyalist Bill Pulte to the role of acting
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Director of National Intelligence is already facing plenty of scrutiny.
Gideon Resnick
As head of the Federal Housing Finance Agency, Pulte drove mortgage fraud investigations into opponents of Trump, including Fed Governor Lisa
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Cook and Democratic Senator Adam Schiff.
Gideon Resnick
None of his probes amounted to successful
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criminal charges, and critics accused him of pushing baseless accusations for political reasons.
Gideon Resnick
Senate Minority Leader Chuck Schumer described him
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as a partisan thug.
Gideon Resnick
Now, some GOP senators, especially those on their way out, are also questioning why
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a man with no intelligence experience would be chosen to oversee the vast bureaucracies of the CIA, the National Security Agency and a host of other agencies.
Gideon Resnick
Yesterday, the departing Republican Senator, Bill Cassidy
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said Pulte did not seem qualified.
Senator Bill Cassidy
He doesn't have an experience in intelligence. He doesn't have an experience in the military. It's not clear that he has a security clearance. Now, I may be wrong, but that's just what I'm hearing from colleagues who are expressing concern.
Gideon Resnick
That view was shared by John Cornyn, the Republican senator who recently lost a
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Texas primary to a Trump backed challenger.
Gideon Resnick
And the retiring Senator Thom Tillis criticized
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Pulte's mortgage probes as a, quote, waste of time and money.
Gideon Resnick
The DNI role came about in the wake of 911 to better coordinate the
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work of agencies in the intelligence community, including the CIA and nsa.
Jonathan Landay
It has been, since its creation, supposed to have been and has sought to act as an impartial coordinator of intelligence.
Gideon Resnick
Jonathan Landay is a national security correspondent with Reuters.
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He explains just how unusual Pulte's appointment was.
Jonathan Landay
The law that created the Director of National Intelligence requires that the nominee have extensive experience in national security issues. Bill Pulte is the founder of a private equity firm. He comes from a family that had a business or has a business, the Pulte Group, in constructing residential developments.
Gideon Resnick
The current occupant, Tulsi Gabbard, was a
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combat veteran and served on House intelligence committees.
Gideon Resnick
She also proved to be controversial, backing efforts to relitigate Trump's 2020 loss to President Biden and accusing President Obama of
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being implicated in a, quote, treasonous conspiracy.
Jonathan Landay
A lot of critics, Democratic senators, and former senior intelligence officials have accused her of using her position and the agency that she runs, the Office of the Director of National Intelligence, as part of the retribution machine that President Trump has been using to go after his perceived political enemies.
Gideon Resnick
The White House denies this and says it was previous administrations who politicized intelligence
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through their investigations into Trump.
Gideon Resnick
The president posted that Pulte had what
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he called deep experience in managing the most sensitive matters in America.
Gideon Resnick
From his housing role, Pulte can remain
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in his Post as acting DNI for 210 days before needing Senate confirmation.
Gideon Resnick
That might be a tall order. Speaking to reporters, Senate Majority Leader John
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Thune declined to support him, telling reporters that, quote, we don't need a weaponized dni.
Gideon Resnick
The New York Knicks and the San Antonio spurs face off in the NBA
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Finals tonight in a rematch from 1999,
Sports Commentator
the San Antonio spurs have won their first NBA championship.
Gideon Resnick
It's the Knicks first trip back to
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the final since losing that game.
Gideon Resnick
And to pull it off this time, they'll have to go through the French
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phenom Victor Wembanyama, who anchors the Spurs.
Gideon Resnick
If you haven't seen him play, he's
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a huge court presence at 7 foot 4. Though some have speculated that is even underselling it, many consider him the next NBA megastar.
Gideon Resnick
And Associated Press national sports writer Tim
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Reynolds is one of them.
Tim Reynolds
I think what we've watched in these playoffs is a young man go from star to superstar to possibly even icon.
Gideon Resnick
Reynolds spoke with us about the strengths
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that each team will bring to the court.
Gideon Resnick
And for the spurs, it's unsurprisingly all about Wembanyama.
Tim Reynolds
He's the best defensive player in the world. He has shown so many times in these playoffs that when he wants to be dominant on the offensive end, he chooses to be that as well. He has met every moment.
Gideon Resnick
He's only 22 years old, part of a Spurs roster that is quite young
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but pushing themselves through hard battles in the playoffs.
Tim Reynolds
I love the toughness of their guards, Devin Vassell, Stephon Cassell. These guys are playing so much older than they are.
Gideon Resnick
Wembanyama acknowledged yesterday that many of the
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Knicks players have been at this longer.
Jalen Brunson
It's a great team, you know, it's a great team of experienced guys who are not here by chance but by relentless effort over the years, reynolds said.
Gideon Resnick
That effort has resulted in a huge
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wave of confidence for the Knicks right now.
Tim Reynolds
There's never been a stretch in 80 years of NBA basketball where a team has won 11 consecutive games by more points, regular season or playoffs than what the Knicks are doing right now.
Gideon Resnick
They are led by Jalen Brunson, an MVP caliber point guard who spoke to the media yesterday about the level of
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intensity and focus that brought the team
Jalen Brunson
here when it came to games. We kept getting better and better and so I think our mentality is in the right place at the right time and we just gotta be stay focused and keep learning.
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These teams took two very different paths to the finals.
Gideon Resnick
The Knicks swept the Cleveland Cavaliers in
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the Eastern Conference finals, so they got more time to rest heading into this series, whereas the spurs are coming in after a knockdown drag out seven game series against the defending champs, the Oklahoma City Funder.
Tim Reynolds
I think from the Knicks standpoint there's going to be a clear sense of urgency to take advantage of this stage for the spurs because so many of them are so young. I wonder if it will be creeping into their heads. You know, we're here, we've made it. This is going to be the first of many for us. I wonder if they'll have that same urgency. I still think the spurs will win the series. I just think there's something about this team and that's why I give them a slight edge. I say spurs in seven.
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And to a few other stories we're following. A man convicted for participating in the
Gideon Resnick
January 6th insurrection is now working inside the Pentagon doing counterterrorism work that involves highly classified government information. That's according to exclusive reporting by the
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Washington Post, who spoke with sources close to the matter.
Gideon Resnick
Elias Irizarry will work in an office
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that oversees operations like embassy security, personnel
Gideon Resnick
recovery and hostage rescue, or as insiders
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put it to the Post, some of the most complex and dangerous environments the
Gideon Resnick
Pentagon operates in Irizarry, was 19 years old when he participated in the attack on the Capitol. He pled guilty to a misdemeanor charge
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and later apologized for his role before being pardoned by President Trump. He did not respond to the Post's requests for comment.
Gideon Resnick
Staying in Washington Secretary of State Marco
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Rubio publicly testified in Congress yesterday for the first time since the war in Iran began.
Gideon Resnick
He outlined what the administration was looking
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for in an eventual deal with Iran, saying the regime needed to reopen the Strait of Hormuz and commit to future talks on its nuclear program before the US Would lift a blockade or ease financial sanctions.
Secretary of State Marco Rubio
Any sanctions relief is condition based, which means it has to be in return for the reason why those sanctions were put in place in the first place, which is their nuclear program.
Gideon Resnick
He also said that the new supreme
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leader is increasingly engaged on negotiations, though there remain tensions within the regime, and
Gideon Resnick
Rubio said the bureaucratic layers involved in
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Iran's decision making was slowing the process down. He is set to continue testimony today.
Gideon Resnick
And finally, it was a drug designed
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to help people lose weight, but it's now potentially also altering their brains.
Gideon Resnick
The Washington Post has an interesting look
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at scientists examining the impact of GLP1s on the brain.
Gideon Resnick
A University of Colorado study that looked
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at brain scans of women who had taken GLP1s found an increase in brain regions that are involved in attention and processing important stimuli.
Gideon Resnick
One leading theory as to how and
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why this is happening is that the drugs might target inflammation in the brain.
Gideon Resnick
And while the studies are in their early phase, scientists say it could mean
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that GLP1s might eventually help with things
Gideon Resnick
like cognition and addiction. You can find all these stories and
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more in the Apple News app.
Gideon Resnick
And if you're already listening in the News app right now, we've got a
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narrated article coming up next.
Gideon Resnick
Bloomberg Businessweek reports on the remarkable turnaround
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for bookseller Barnes and Noble and how its new CEO rescued the chain by ditching corporate rules.
Gideon Resnick
If you're listening in the podcast app, you can follow Apple News Narrated to find that story and we'll be back
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with the news tomorrow.
Episode: How a Republican revolt killed off Trump’s “anti-weaponization” fund
Date: June 3, 2026
Guest Host: Gideon Resnick (in for Shumita Basu)
This episode focuses on the abrupt reversal by the Department of Justice (DOJ) regarding President Trump’s proposed $1.8 billion “anti-weaponization” fund, the intense pushback from Republican lawmakers that halted it, and the continuing tensions over Trump’s latest appointment to lead the U.S. intelligence community. Additional topics include an NBA Finals rematch, key developments in national security and foreign policy, and new research into weight-loss drugs.
"A number of them had said they refused to advance a major immigration bill without big changes to the fund."
— Gideon Resnick ([02:33])
Background: Bill Pulte, previously a housing regulator, is appointed as acting Director of National Intelligence (DNI) despite lacking intelligence or military experience.
Controversial Record: As head of Federal Housing Finance Agency, Pulte led politically charged mortgage fraud investigations against Trump’s opponents, never yielding criminal charges ([03:41]).
Criticism from Both Parties:
Previous DNI’s Controversy: Tulsi Gabbard, the outgoing DNI, had been accused of using the office as part of "the retribution machine that President Trump has been using to go after his perceived political enemies." ([06:01])
Senate Prospects:
On DNI appointment:
"The law that created the Director of National Intelligence requires that the nominee have extensive experience in national security issues. Bill Pulte is the founder of a private equity firm…"
— Jonathan Landay, Reuters ([05:22])
On Knicks' momentum:
"Our mentality is in the right place at the right time and we just gotta stay focused and keep learning."
— Jalen Brunson, Knicks point guard ([09:02])
This episode delivers a comprehensive update on how rare Republican opposition derailed a Trump-backed DOJ fund intended to compensate alleged victims of government “weaponization,” while highlighting the ripple effects on immigration legislation and intra-party fractures over key nominations. The episode also covers a much-anticipated NBA Finals rematch, new Pentagon personnel raising security questions, diplomatic efforts with Iran, and emerging medical science that may change how doctors use weight-loss drugs. With a mix of insider quotes and clear context, the episode is a must-listen for those tracking U.S. politics, security, and sports.