Wednesday Reads

Good Morning!!

US and Iranian flags

Trump has been trying to keep the memorandum of understanding with Iran secret as long as possible. The obvious reason for that is that Iran is getting by far the best of the deal. But both Bloomberg and CNN have gotten the 14 point “draft agreement.” Here is the full text from CNN:

1 — The Islamic Republic of Iran and the United States, together with their allies in the current war, declare upon the signing of this Memorandum of Understanding an immediate and permanent end to the war on all fronts, including Lebanon, and undertake that from now on they will not launch any hostile action against each other, and will refrain from the threat or use of force against each other. The final agreement will confirm the provisions of this Article and the remaining Articles.

2 — The Islamic Republic of Iran and the United States undertake to respect each other’s sovereignty and territorial integrity, and to refrain from interfering in each other’s internal affairs.

3—The Islamic Republic of Iran and the United States undertake to negotiate and reach a final agreement within a maximum period of 60 days, extendable by mutual consent.

4 — Immediately upon the signing of this Memorandum of Understanding, the United States lift the naval blockade and prevent any interference or obstruction against the Islamic Republic of Iran, and restore traffic within a maximum of 30 days to its full capacity; the traffic of ships shall be proportional to the pre-war volume of traffic on the part of the Islamic Republic of Iran. The United States also undertakes to withdraw its forces from the surrounding areas within 30 days after the final agreement.

5 — Upon signing this Memorandum of Understanding, the Islamic Republic of Iran will immediately take steps to ensure that the movement of merchant ships from the Persian Gulf to the Sea of Oman and vice versa is resumed within 30 days to the pre-war volume, taking into account the need for the removal of technical obstacles and the neutralization of mines by Iran.

6 — The United States undertakes, together with its regional partners, to create a comprehensive plan agreed upon by both parties for the rehabilitation and economic development of the Islamic Republic of Iran, while ensuring financing of at least $300 billion. The implementation mechanism of this plan, as part of the final agreement, will be formulated within 60 days.

7 — The United States commits to ending, on a schedule to be agreed upon as part of the final agreement, all types of sanctions currently facing the Islamic Republic of Iran, including resolutions of the United Nations Security Council and the Board of Governors of the International Atomic Energy Agency (IAEA), and all unilateral U.S. sanctions, both primary and secondary.

8 — The Islamic Republic of Iran reiterates that it will never produce nuclear weapons. The Islamic Republic of Iran and the United States have agreed that the fate of enriched material and the fate of all other mutually agreed nuclear-related issues, including Iran’s nuclear needs, will be adequately addressed in a final agreement; the final agreement will confirm the provisions of this Article.

9 — The Islamic Republic of Iran and the United States agree that, pending a final agreement, they will maintain the status quo: Iran will maintain the status quo on its nuclear program, and the United States will not impose new sanctions on Iran or strengthen its forces in the region.

10 — The United States undertakes that immediately after the signing of this Memorandum of Understanding, and until the date of the lifting of sanctions, the United States Treasury Department will issue waivers for exports of Iranian crude oil, petrochemical products and their derivatives, and all related services, including banking, insurance, transportation, and the like.

11 — The United States undertakes that, in light of the progress of negotiations towards a final agreement, frozen or restricted funds and assets of the Islamic Republic of Iran will be released and made fully available. These funds, whether held in the master account or transferred, will be used for any final beneficiary payment determined by the Central Bank of the Islamic Republic of Iran and will be fully available for use. The United States undertakes to issue all necessary permits and licenses on this basis.

12 — The Islamic Republic of Iran and the United States agree that an implementation mechanism will be established to oversee the successful implementation of and future commitment to the Final Agreement.

13 — Following the signing of this Memorandum of Understanding, and upon receipt of assurances regarding the commencement of implementation of Articles 4, 5, 10, and 11 of this Memorandum of Understanding, and the continued implementation of these steps, the Islamic Republic of Iran and the United States will enter into negotiations for a Final Agreement solely with respect to the remaining Articles.

14 — The final agreement will be approved through a binding resolution of the UN Security Council.

Trump shakes hands with French preident Emmanuel Macron. G7 leaders are supposedly backing Trump’s agreement with Iran.

Reuters: Exclusive: Iran deal includes $300 billion fund, more than half of which already committed, source says.

DUBAI, June 17 (Reuters) – A $300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement ​and more than half that sum has already been committed, a source with direct knowledge of the deal told Reuters.

The fund is designed to give both sides an economic ‌incentive to conclude a final deal to end the war, said the source, who spoke on condition of anonymity because the plan has not yet been announced as Washington and Tehran prepare to sign on Friday.

The fund’s existence has been previously reported but Reuters is revealing for the first time that more than half of the amount has already been committed and that it will be comprised entirely of private-sector funds.

U.S. and Iranian officials said on Sunday they had agreed on a ​framework to end their war, which began when U.S. and Israeli forces attacked Iran on February 28, halt the U.S. blockade of Iran and reopen the Strait of Hormuz, a key ​supply route for global oil and gas.

The new fund is a private investment vehicle, not a reconstruction or reparations programme and will not include any government ⁠money or grants, the source said, adding that companies based in the U.S., the Gulf Arab states, Asia, South America and Africa have agreed to commit financing. Investments pledged span energy, logistics, manufacturing and transport, the ​source said.

U.S. President Donald Trump pushed back on Wednesday against any characterisation of the fund as a U.S. investment. “We’re not investing, we’re not putting up 10 cents,” he said, adding that he was not asking ​Gulf countries to invest either.

I’ll believe that when I see it. The ballroom was supposed to be built with private funds too.

Tom Nichols at The Atlantic (gift article): Trump Does Not Understand the War He Lost.

Donald Trump arrived in France yesterday for this morning’s G7 summit and promptly confirmed America’s capitulation to Iran. Instead of merely repeating the outlines of what looks to be a terrible peace deal, however, Trump made a series of statements so bizarre, even by his usual standards, that they raise the question of whether the president still understands the words that come out of his own mouth.

The president began with a classic Trumpian move, daring his listeners to forget today what they knew yesterday. Just this winter, Trump had promised the Iranian people that the tyrants who ruled them would be gone. But now? “I never cared about regime change,” he told reporters, waving away his failure to achieve a primary strategic goal by denying that it had ever been a goal at all.

Things got a little weirder, however, when he described the Iranians who have stepped in to replace the regime leaders killed in U.S. strikes: “We’re dealing with people that I think are very rational people. And they were nice to deal with.”

“They were strong people, smart people,” he added. And then he dropped this remarkable claim: “They’re not radicalized, and they’re, you know, looking to help their country.”

This definitely not-radicalized group that Trump seems to like includes the new supreme leader, Mojtaba Khamenei (whose father, wife, and son were killed by U.S. strikes), and the still-standing Islamic Revolutionary Guard Corps, all of whom have shown no compunction about lashing out in any direction during Trump’s “cease-fire,” the make-believe pause in the war during which no one actually ceased firing.

Trump’s description of the current regime in Tehran as a bunch of swell guys was brewed in a heavy-duty vat of wishful thinking. It’s an extreme version of Trump’s tendency, when he’s been outplayed by powerful enemies, to describe his opponents as basically reasonable people. (He has done the same over the years with dictators and autocrats in North Korea, Russia, and China, among other countries.) This is his way of assuring the public that he did not get taken to the cleaners—because, of course, his affable partners would never do that.

A bit more:

Trump fared no better talking about the Iranian nuclear program. Iran’s stockpile of highly enriched uranium exists largely because Trump unilaterally called off U.S. participation in the Joint Comprehensive Plan of Action, the 2015 agreement that was meant to prevent Iran from enriching uranium beyond minimal levels for civilian uses. After the U.S. and Israeli attacks last year, and yet more pounding during Operation Epic Fury, that uranium remains underground, either hidden in storage or buried beneath tons of rubble; some of it can likely be recovered and enriched for military uses. Trump has said, repeatedly, that Iran must hand it over.

Until today.

“I call it the nuclear dust, their enriched material, right?” Trump said. (Why he calls it this remains a mystery.) Does America still insist on its removal from Iran? Well, maybe.

“The whole mountain has collapsed on top. We have cameras on it,” Trump said. “You could make the case ‘Why are you even bothering?’ ’cause it’s not really valuable. It’s, you know, it’s probably half a million dollars’ worth. It’s not very valuable stuff, but I think psychologically we wanna get it.”

As many people have said over the years, Trump is a fucking moron. Read the rest of the piece at The Atlantic.

Patricia Cohen at The New York Times (gift article): The Iran War Permanently Altered the Global Economy.

The framework deal between the United States and Iran sets the stage for an end to the bursts of violence and debilitating disruption of energy deliveries and trade in the Persian Gulf. But don’t expect economies around the globe to simply pick up where they left off before the United States and Israel began bombing Iran on Feb. 28.

The war has set in motion changes that will be hard to reverse….

The near shutdown in oil and gas deliveries from the Middle East and the leap in prices are causing a shift in power. Energy producers from the Gulf to the Americas are jockeying to maintain or increase their dominance, and customers are struggling to reduce their dependency and shore up their supply.

As a result, the energy market is changing, the energy mix is changing and the energy players are changing.

Wind farm in Xinjiang, China

The profound vulnerability of countries throughout Asia, Europe and elsewhere that depend on imported energy is supercharging the hunt for alternatives. In some places, like South Korea and Japan, that has led to an increased use of dirtier fuels like coal.

But over the longer term, this energy shock — the second in just four years — is likely to accelerate a transition to renewables like solar and wind as well as nuclear power.

Improvements in electric battery technology and efficiency make the shift more feasible than it was when Russia’s invasion of Ukraine prompted a global energy shock in 2022, said Daan Walter at Ember, an energy research group in London.

In many places, for instance, electric vehicles are increasingly affordable. And in April, wind and solar generated more electricity globally than gas for the first time.

“This is a big turnaround,” Mr. Walter said. “So what was five years ago maybe barely competitive, now is almost already clearly cheaper.”

Investments in renewables have also become a better bet, promising returns in closer to two years instead of 30, he said.

Meanwhile, Trump is doing everything he can to end clean energy initiatives and make the US more dependent on oil and gas–and even coal! More from the NYT article:

Relations among producers are also changing. The war heightened tensions between the United Arab Emirates and Saudi Arabia and prompted the Emirates to leave the OPEC Plus oil cartel. The impact of that departure will be fully felt only when oil production in the region picks up. But a weakened Organization of the Petroleum Exporting Countries could add to volatility in oil markets.

The split has also encouraged the Saudis to move closer to Russia. Vladimir V. Putin, the Russian president, featured Saudi Arabia this month as the “guest of honor” at an economic forum in St. Petersburg….

The push to build out and diversify energy networks is going to continue long after the war ends. And China is poised to benefit most from the expected boon in renewables.

It is leagues ahead of the rest of the world in producing wind turbines, high-voltage cables, transformers, solar panels, batteries, software to manage energy flows and more.

China’s increasing role ensuring that other countries have a dependable supply of energy amplifies its strategic influence and importance.

“China looks to be an out-and-out winner,” analysts from Wood Mackenzie, a global energy consulting firm, concluded.

Fortunately, Trump has been unable to stop wind energy in the US.

Ellyn La Pointe at Gizmodo: Trump Just Lost His War on Wind Energy.

As soon as President Trump started his second term, he declared war on the U.S. wind energy industry. On his very first day in office, he ordered federal agencies to halt permitting and leasing for wind projects—the first in a series of sweeping policy moves aimed at stymieing one of the nation’s fastest-growing sources of renewable energy. Now, it appears he’s waving the white flag.

The Trump administration has dropped its appeal to the court ruling that overturned the permitting and leasing freeze in December 2025, meaning the indefinite nationwide pause on wind energy projects is no longer enforceable.

That ruling was the result of a lawsuit filed in May 2025 by a coalition of attorneys general from 17 states and Washington, D.C., led by New York Attorney General Letitia James. The district court ruled in favor of the plaintiffs, finding Trump’s January 2025 executive order to be “arbitrary and capricious and contrary to law.” The Department of Justice appealed the decision in February, then filed a motion for its voluntary dismissal on June 10.

States that challenged the administration’s “wind directive” are claiming victory. “New York’s wind projects will create jobs, strengthen our economy, and bring down New Yorkers’ electric bills,” Attorney General James said in a statement. “My office will continue to fight any attempt to undermine that progress.”

Read more at the link.

In non-Iran news, Kash Patel is still an idiot.

 Carol Leonnig, Ken Dilanian, Marc Santia and Lisa Rubin at MSNOW: Kash Patel ‘jumped the gun’ with announcement of UFC plot arrests, sources say.

Secret Service officials are angered that FBI Director Kash Patel prematurely announced on Tuesday the details of a largely sealed and ongoing criminal investigation into an alleged plot to attack Sunday’s White House UFC event with drones, according to three people familiar with the incident.

Secret Service and FBI agents had been partnered on the investigation into a group of individuals discussing plans for a drone attack at the White House in the last week, and had discussed unsealing the case and making a joint announcement Tuesday afternoon, according to sources.

Kash Patel

The problem with Patel’s social media announcement, the sources say, was that the case had been sealed in court and roughly 10 suspects had not yet been arrested and placed in custody at the time Patel shared his post. The people said Secret Service and FBI officials were surprised by Patel “jumping the gun.” [….]

The threat to the UFC event became known to the Secret Service and FBI in the last week when a relative of one of the suspects contacted local police in the Cincinnati area, according to two people briefed on the probe, and reported that their relative was talking about engaging in a vague plot in Washington.

An advanced threat interdiction team at the Secret Service, with the help of the FBI, began seeking a subpoena for an encrypted Signal chat thread and was able to identify the plot being planned and some of the people discussing using drones and possible snipers to attack the UFC fight event at the White House’s South Lawn.

Authorities then arrested one suspect, 19-year-old Tycen Proper of Ohio, on June 13 and moved immediately to seal the case so the FBI and Secret Service could continue investigating, identifying and arresting additional suspects.

Tuesday afternoon, the Justice Department announced the arrests of five men, including Proper, for an “alleged plot to carry out an attack to kill government officials and others” attending the Sunday event, according to a DOJ press release.

Read the press release at the DOJ here.

More about the attack plan at the BBC: Group planned to attack White House UFC event using snipers and drones, FBI says.

The FBI thwarted a plot targeting Sunday’s UFC event at the White House and has arrested five men, the US justice department said on Tuesday.

Part of the plan involved striking nearby buildings with explosive-laden drones and firing on “high value targets”, prosecutors alleged.

One suspect was arrested in Ohio last week, where investigators reviewed encrypted messages involving other alleged conspirators. Prosecutors said in charging documents.

they had allegedly “expressed ultra-religious and antigovernment sentiments”….

Tyron C. Proper

The suspects were identified as Tycen C Proper, 19, the suspect arrested in Ohio, along with Bryan Omar Roa, 24, and Michael Alan Thomas, 32, of California, Daniel K Eskridge, 32, of Missouri and Abraham Hermosillo Alvarez, 31, of Nebraska. They were arrested across the four US states and each have been charged with conspiracy to commit murder, the Department of Justice (DOJ) said in a statement.

By using the drones, the plotters aimed to spark panic and draw the fleeing crowd toward a sniper team, according to the court documents. A “second wave” of attackers was then allegedly supposed to storm the White House gate….

Court filings related to Alvarez said the group allegedly eyed potential targets that included US President Donald Trump, Vice President JD Vance, Israeli Prime Minister Benjamin Netanyahu and Elon Musk, as well as several elected officials – though not all attended the UFC event.

The plot was discovered through Proper. His mother called local authorities late on 10 June – just days before the high-profile event – because she was concerned about his large firearms purchases and what she had seen of his online communication with a group that claimed to be made up of former military members and Christian-based.

The group allegedly wanted to “jumpstart” a revolution by shooting “high-value targets” – identified as wealthy people and politicians – attending the UFC fight. They had specifically discussed “grievances about government corruption, the handling of the Epstein files, data centers taking up all the water in communities, and other government actions,” prosecutors said.

This is starting to sound like one of those trumped up FBI conspiracy investigations, but we’ll see, I guess.

This is from ABC7 in California: New details after 2 SoCal men arrested in alleged plot targeting UFC fights at White House.

RIVERSIDE COUNTY, Calif. (KABC) — Two men from Riverside County were arrested in connection with an alleged plot targeting the “UFC Freedom 250” fights at the White House, Eyewitness News has learned.

Bryan Omar Roa, 24, of Calimesa, and Michael Alan Thomas, 32, of Pinon Hills were arrested on Saturday, the day before the fight.

Bryan Omar Roa, 24, of Calimesa, and Michael Alan Thomas, 32, of Pinon Hills were arrested on Saturday, the day before the fight, and have since made their initial court appearances.

The FBI searched both of their homes and recovered multiple firearms and large quantities of ammunition. According to the complaint, law enforcement seized a handgun, rifle, tactical vest, a two-way radio and a laser target pointer from Roa’s home….

Meanwhile, two rifles, about 180 rounds of ammo and a pistol were seized by authorities from Thomas’ home, according to the complaint….

Court documents allege one suspect admitted to helping plan the attack and encouraging others to participate. The complaint says Thomas was planning the attack but said he wasn’t going to take part.

The FBI said the alleged terror plot involved at least 19 people and included plans for explosions and gunfire. According to an unsealed FBI affidavit, the plan involved setting off explosions using drones near the event and then shooting guests as they evacuated.

There’s more at the link.

One more important story from Julia Metraux at Mother Jones: RFK Jr. Will Oversee Disability Education Policy.

On Tuesday, the Trump administration announced that it would move two key functions of the Department of Education—disability education oversight and the department’s Office for Civil Rights—to the Department of Health and Human Services and the Department of Justice, respectively, in a move that would give HHS Secretary Robert F. Kennedy Jr. oversight over the nation’s disability education system.

In a press release, Education Secretary Linda McMahon, who is overseeing the Project 2025–mandated dismantling of the department, said without elaborating that the decision was made after “careful deliberation and collaboration with stakeholders.” Many disability and other equity-focused organizations have been afraid since President Trump resumed office that he would go through with threats to eliminate the department, long a target of right-wing institutions like the Heritage Foundation.

Even setting aside who runs them—Kennedy at HHS, Acting Attorney General Todd Blanche at the Justice Department—the new agencies aren’t appropriate choices to oversee those functions, experts say. “HHS and DOJ have important roles, but they weren’t built to replace the Department of Education’s school-specific expertise,” said Robyn Linscott, The Arc’s director of education and family policy, in a statement. “Moving [Individuals with Disabilities Education Act] oversight into HHS pushes students with disabilities toward a medical model, where disability is treated as a diagnosis to manage instead of a natural part of human life.”

The National Down Syndrome Congress also called for Congress to halt the changes. “For decades, IDEA, vocational rehabilitation, and the Office of Civil Rights have helped expand educational opportunities, employment, and community inclusion for people with disabilities,” roles that would now be under threat, said Stephanie Smith Lee, the group’s policy and advocacy co-director and former director of the Office of Special Education Programs under George W. Bush, in a press release opposing the plan.

At HHS, disability education would fall under the oversight of an agency head, Kennedy, who has spent decades spreading disinformation about autism and villainizing autistic people.

That is horrifying. I can’t begin to imagine the damage Kennedy could do to treatment of and research on autism and other disabilities.

That’s all I have for today. Have a nice, peaceful Wednesday, everyone.