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The Lever’s daily email newsletter.🔥 Today’s Lever story: Florida is poised to eliminate long-standing guardrails limiting increasingly risky investments in Israel’s war.
👇 Spend three minutes reading this 913-word newsletter to learn about:
- Which Democratic governor is laying out the red carpet for data centers.
- How superstores could soon force you to pay in their own currency.
- What the sponsors funding Trump’s military parade stand to gain.
- Why a tax loophole for hedge fund managers will survive another day.
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TODAY'S NUGGETS
💰 Walmartcoin could be coming to a superstore near you. Thanks to the cryptocurrency industry-backed GENIUS Act, Walmart, Amazon, and even major airlines are considering issuing their own stablecoins, according to reporting from The Wall Street Journal. Described as a “superhighway” for corruption, the bill rolls back federal oversight of stablecoins and permits corporations like Meta and X to issue their own made-up monopoly money with exorbitantly high fees. The Justice Department, meanwhile, is currently suing Apple for alleged antitrust violations that trap iPhone users into using its own tap-to-pay and digital wallet technology.
