June 16, 2026 · Newsom's accusation, the call to Putin, Warsh's first FOMC

California Governor Gavin Newsom went on video Monday accusing the Trump Department of Justice of investigating him and his wife — a fishing expedition, Newsom called it, to find a crime that doesn't exist. CNN sourcing says political leadership wasn't involved in opening the probe; the case came from whistleblower reports last year. The administration's Anthropic shutdown turns out to have been an emergency export control directive issued Friday at 5:21 PM ET, restricting access by any foreign national including Anthropic's own foreign national employees. Trump and Putin spoke Sunday; Witkoff and Kushner are heading to Russia. Russia hit Kyiv overnight with 73 missiles and 600+ drones, killing 10 nationwide and damaging a 950-year-old cathedral. The Iran deal still signs Friday in Switzerland. Warsh's first FOMC meeting opens today. Judge Amit Mehta denied the UFC Freedom 250 injunction. Goldman Sachs estimates AI capex from 2026 to 2031 at $7.6 trillion. DOJ cleared Paramount-Warner Bros. - **Newsom's accusation** — California governor went on video Monday claiming the Trump DOJ has been investigating him and his wife; the "hit list" framing; federal agents knocking on family and former employees' doors; CNN's source says political leadership wasn't involved and the probe came from whistleblower reports last year — Bash and Stack disagree on the read - **Anthropic — emergency export control directive** — order issued Friday at 5:21 PM ET; suspends Fable 5 and Mythos 5 access by any foreign national, including foreign national Anthropic employees; jailbreaking concern cited; Anthropic publicly disputed the severity - **Trump-Putin call + Russia's overnight strike** — Witkoff and Kushner going to Russia per the Kremlin readout; 73 missiles and 600+ drones on Kyiv overnight; 10 killed nationwide; a 950-year-old cathedral damaged - **Iran deal Friday signing + Lebanon clause complications** — Switzerland venue holds; Hegseth on Strait of Hormuz prep; Iranian deputy FM ties 60-day talks start to frozen funds release; Israeli officials publicly doubt the Lebanon coverage - **Warsh's first FOMC opens today** — press conference 2:30 PM ET Wednesday; expected hold at 3.50-3.75 percent; dot plot, the framework-review timing, and the pivot from easing bias to neutral are the watch - **UFC Freedom 250 lawsuit denied + AI capex + media consolidation** — Judge Mehta found plaintiffs lacked standing; Goldman Sachs $7.6 trillion AI infrastructure capex estimate 2026-2031; DOJ cleared Paramount-Warner Bros More analysis at [Power Moves Before Policy Does](https://annardudley.substack.com).