Newsweek is reporting that President Donald Trump has appointed Federal Housing Finance Agency Director Bill Pulte as acting director of national intelligence, replacing Tulsi Gabbard.
The outlet said a new pancreatic cancer pill received a standing ovation from oncologists at the world's largest cancer conference after late-stage trial data showed it nearly doubled survival rates. Oncologists are now receiving numerous requests as a special access program begins.
In other news, Newsweek is reporting that 14 public and private institutions are facing subpoenas as part of the investigation into Jeffrey Epstein's New Mexico ranch.
Regarding U.S. politics, voters in six states are heading to the polls for midterm primaries, with the battle for control of the U.S. House already taking shape. Newsweek highlighted 15 races to watch. In California, voters are deciding who will replace term-limited Gov. Gavin Newsom, with Democrats Xavier Becerra and Tom Steyer, along with Republican Steve Hilton, in a tight three-way race for two spots on the November ballot. The closely contested race for Los Angeles mayor also sees incumbent Karen Bass challenged by City Councilmember Nithya Raman and former reality TV star Spencer Pratt.
Turning to international affairs, Iranian officials and President Trump have balked at Benjamin Netanyahu's pledge to escalate the war in Lebanon, exposing apparent differences between the U.S. and Israel. Newsweek also reported that at least 21 people were killed across Ukraine after one of Russia’s biggest aerial assaults of the war, involving approximately 650 attack drones and 70 missiles, as Moscow faces battlefield setbacks.
On the economic front, Newsweek said investor home purchases nationwide plunged 6 percent year-over-year in the first quarter of 2026, reaching their lowest level since 2020. This comes as lawmakers advance legislation aimed at limiting investor presence in the residential housing market. Additionally, more than 20 U.S. states are boosting minimum wage, with many increases already in effect or rolling out later this year.