UK Prime Minister Starmer said Europe must take greater responsibility for its own defence.

The State Administration for Market Regulation has ordered local market regulators to run a special campaign from June to December to boost antitrust enforcement efficiency for business concentrations. The initiative aims to use merger-and-acquisition oversight to promote competition, encourage innovation and legally support firms using M&A or restructuring to exit "involution-style" competition and promote higher-quality, value-based market competition. The campaign will focus on strengthening regulatory capacity, improving full-chain supervision quality and effectiveness, and enhancing compliance guidance.

The U.S. Supreme Court, in a 5-4 ruling, blocked President Trump’s attempt to remove Federal Reserve governor Cook, overturning the president’s first effort to dismiss a Fed governor. The court earlier this year also ruled the president may not invoke emergency powers to impose tariffs. Separately, the court cleared the way for the White House to remove Federal Trade Commission commissioners without cause, expanding executive authority over independent regulators.