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    Happy Thursday! It looks like someone else got wind of the new Waffle House egg surcharge we mentioned in yesterday’s newsletter, committing Grand Theft Egg of $40,000 worth of eggs in Greencastle, Pennsylvania. Could this be the beginning of a new, thriving black market?

    Quick Hits: Today’s Top Stories

    • Every employee at the Central Intelligence Agency was offered a buyout on Tuesday, making it the first intelligence agency to be targeted in President Donald Trump’s effort to reshape the federal bureaucracy. Under the arrangement, employees who leave voluntarily would be eligible for eight months of pay and benefits. Sources told CNN that CIA Director John Ratcliffe decided to implement the buyout program in his agency as a way to realign it with Trump’s priorities, such as focusing on intelligence operations in South America. On Wednesday, the New York Times first reported that the White House had ordered the CIA to send an unclassified email that included the names of new employees—a move one former intelligence officials said could risk exposing the identities of agents. 
    • A federal district court judge in Maryland issued a nationwide preliminary injunction on Wednesday to block Trump’s executive order attempting to eliminate birthright citizenship. “The executive order conflicts with the plain language of the 14th Amendment, contradicts 125-year-old binding Supreme Court precedent and runs counter to our nation’s 250-year history of citizenship by birth,” wrote Judge Deborah L. Boardman, an appointee of former President Joe Biden. Last month, a federal judge in Seattle issued a 14-day temporary restraining order against the executive order, but a preliminary injunction will hold until the case is resolved, likely in a higher court.
    • A Tuesday email and online notice from the Trump administration notified employees of the U.S. Agency for International Development (USAID) that almost all agency workers would be placed on administrative leave, starting Friday at noon, and that all overseas employees would likely be recalled. “Essential personnel expected to continue working will be informed by Agency leadership by Thursday, February 6, at 3:00pm (EST),” a notice posted to USAID’s website said. Democrats and federal employee groups have vowed to oppose the effort, which they say amounts to the unlawful shuttering of an agency codified by statute.
    • Trump on Wednesday signed an executive order aimed at preventing transgender women athletes from participating in women’s sports. Titled “Keeping Men out of Women’s Sports,” the order directs federal agencies to “take all appropriate action to affirmatively protect all-female athletic opportunities and all-female locker rooms and thereby provide the equal opportunity guaranteed by Title IX,” including by pulling federal funding from schools who allow transgender athletes who were born male to compete in women’s sports. The order seeks to further reverse a Biden administration initiative to broaden Title IX to include protections for transgender athletes in schools.  
    • The Bureau of Economic Analysis announced Wednesday the U.S. trade deficit—the gap between the value of U.S. imports and exports—expanded to $98.4 billion in December, up from $78.2 billion in November. Imports were up 3.5 percent month-over-month to an all-time high of $364.9 billion amid the threat of tariffs, while exports fell 2.6 percent month-over-month to $266.5 billion.
    • The Aga Khan IV, a billionaire philanthropist and religious leader of the 15-million-strong Ismaili Muslim sect, died Wednesday at the age of 88. Also known as Prince Karim al-Husseini, Aga Khan was the 49th iman of the Ismailis, a branch of Shia Muslims whose beliefs differ from mainstream Shi’ism on the nature and identity of the iman—the spiritual leader of the Islamic world. 

    ‘Make Gaza Beautiful Again’

    Israeli Prime Minister Benjamin Netanyahu and President Donald Trump speak during a joint press conference at the White House on February 04, 2025. (Photo by Chip Somodevilla/Getty Images)

    TEL AVIV, Israel—From Greenland to Gaza, President Donald Trump is making a habit of flouting conventional diplomatic wisdom.

    During a joint press conference with Israeli Prime Minister Benjamin Netanyahu on Tuesday, Trump’s remarks proceeded along a familiar route, oscillating between praise of his first administration’s Middle East record and attacks on Joe Biden’s administration. That is, until the midway mark. In a departure from his campaign promise to limit American military engagements, Trump claimed that the U.S. would “take over” the war-torn Gaza Strip—by force if necessary. “We’ll own it, and be responsible for dismantling all of the dangerous unexploded bombs and other weapons on the site,” he said. “Level the site and get rid of the destroyed buildings.”



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