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TACOs are back. President Trump announced yesterday that he will nominate Jay Clayton, the U.S. attorney in Manhattan, to be the next director of national intelligence. This comes after pushback on the Hill to acting director Bill Pulte, a top Trump housing official. Meanwhile, just hours after declaring strikes on Iran for a third night in a row, Trump canceled the attacks, citing a breakthrough in negotiations. Is a deal within reach, or is this just another twist in a long-running standoff? Plus, the G7 Summit kicks off on Monday – and U.S. and European leaders alike are setting a low bar for success.

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