--:-- John Bickley: I'm Daily Wire editor-in-chief John Bickley with Georgia Howe. It's Thursday, May 25th, and this is your Morning Wire afternoon update.
--:-- Georgia Howe: Target has seen a 12% drop in market value over the past week, equaling $9 billion in market capitalization. This comes as the national retailer faces a boycott from conservative and Christian groups over its controversial Pride collection, featuring an array of products targeting young children.
--:-- John Bickley: President Biden vetoed a bipartisan bill on Thursday, which would have nullified the Washington, D.C. Council's 2022 Criminal Justice Reform Act. Senate critics say the D.C. Act is soft on crime and weakens police power while endangering Americans who visit the nation's capital.
--:-- Georgia Howe: The Senate recently voted 53 to 46 to nullify it and keep in certain police protections and criminal punishments. However, the president's veto now allows D.C.'s reform amendment to proceed.
--:-- John Bickley: In a statement sent to The Daily Wire, Senator J.D. Vance of Ohio blasted the president, saying that residents, tourists, and D.C. metro police deserve far better, while adding that the veto is a shame.
--:-- Georgia Howe: Congressional Republicans have called upon FBI Director Christopher Wray to brief them on the process of the investigation into the January 6th pipe bomber. The letter indicates that FBI whistleblowers believe that the Bureau has information relating to a Metro swipe card being used by the alleged bomber, as well as a potential license plate number.
--:-- John Bickley: One former FBI agent told Congressman Jim Jordan that it doesn't add up why the federal government has not identified the man yet.
--:-- Georgia Howe: The credit of the United States is in danger of being downgraded. Two credit rating agencies placed the U.S. on a negative watch over the debt ceiling negotiations between President Biden and House Speaker Kevin McCarthy.
--:-- John Bickley: Daily Wire researcher Trevor Mock has more.
--:-- Trevor Mock: Fitch Ratings considered one of the Environmental Protection Agency to control underground water. A couple in Idaho argued that they should have the right to construct a home on an empty lot near a lake. After a 15-year battle with the EPA, the high court agreed that the EPA does not control underground water and wetlands that are not contiguous with permanent standing bodies of water. This effectively ends a Biden administration definition of waterways that was first implemented by President Barack Obama, only to be repealed by the Trump administration.
--:-- Georgia Howe: The founder and leader of the Oath Keepers, Stuart Rhodes, was sentenced to 18 years in prison for his actions relating to the January 6th riot. Rhodes was convicted of seditious conspiracy in connection with the riot on November 22nd. Federal prosecutors originally asked for 25 years.
--:-- John Bickley: Authorities have now charged more than 1,000 people over the riot.
--:-- Georgia Howe: The Supreme Court ruled in favor Thursday of Geraldine Tyler, a 94-year-old Minnesota grandmother who claims the state seized her condo and sold it for a profit over an unpaid tax debt. Tyler owed the government $15,000 in property taxes plus interest and penalties. The state seized and sold her home for $40,000, pocketing the proceeds, a maneuver that civil rights activists call equity theft. The court unanimously sided with Tyler.
--:-- John Bickley: Well, those are your drive home updates this afternoon. To learn more about these stories, go to dailywire.com. And for more in-depth discussion of the biggest stories of the day, listen to the latest full episode of Morning Wire every morning.