The Supreme Court spent its latest term sidelining Congress and amassing power for itself and the presidency, Axios' Andrew Pantazi writes.

• After the term that ended this week, Congress can no longer insulate regulators from the president, limit political parties' spending, or require race-conscious voting districts.

The justices overturned precedents, second-guessed Congress and brushed aside facts found by lower courts.

• Georgetown Law professor Steve Vladeck tells Axios: "The real headline of the current term is, 'Supreme Court rules for itself, 6–3.'"

⚖️ Some of the court's most notable recent decisions:

1. Choosing which parts of the FTC to keep (the powers Congress gave it) and which to shed (the independence Congress designed).
2. Making it nearly impossible to use the Voting Rights Act to challenge maps diluting Black and Latino voting power.
3. Striking down limits on coordinated political party spending (which it had upheld in 2001).
4. Curbing Congress' power to make state officials pay damages for violating federal funding laws.
5. Letting President Trump keep withholding $4 billion in congressionally appropriated foreign aid, at least for now.

Reality check: The president didn't win everything this term.

• Chief Justice John Roberts wrote all three major rulings against Trump: blocking emergency tariffs, sparing Fed governor Lisa Cook (for now), and rejecting the executive order ending birthright citizenship.

What's next: Trump's biggest defeat doubled as the term's loudest warning.

• Four justices were willing to say that Trump's birthright citizenship order didn't violate the 14th Amendment, which grants citizenship to all those born in the country.
• Georgetown's Vladeck says the fact that a position deemed "outlandish as recently as a decade ago" got four votes will "embolden" the next wave of once-fringe constitutional arguments.

Go deeper.

As OpenAI prepares to go public, the AI giant wants to give the American public an ownership slice of up to 5% to help democratize the benefits and riches of the humanity-rattling technology.

• Under an idea CEO Sam Altman has floated to the Trump administration, Americans would directly hold equity (stock) in the top AI companies. We're told this wouldn't be a sovereign wealth fund, where the government owns the equity and decides what to do with it.

The Financial Times reports today that Altman has suggested a 5% stake in early conversations with the administration.

• President Trump has embraced public stakes in U.S. companies. Last month, after Sen. Bernie Sanders (I-Vt.) proposed a one-time 50% tax on the stock of the largest AI companies, Trump said a public partnership with AI companies could be "a beautiful thing."

The proposed arrangement would include America's other leading AI labs handing over a similar stake, but it's not clear they would.

• As a mechanism, OpenAI has floated an arrangement similar to the Alaska Permanent Fund, which provides residents with a dividend from the state's oil and mineral wealth.

📱 "Oh how I have missed you fable!" Axios' Andrew Kay typed in. "We have so much to catch up on … "

Anthropic's Fable 5 AI model is back online after the Trump administration lifted an export control, Axios' Madison Mills and Ina Fried report.

👩‍💻 It's the most powerful publicly available AI tool — so capable that the U.S. government decided that Anthropic had to add further safety measures before making it broadly available.

• Queries that it deems to pose security or safety risks may be routed to less powerful models.

The block raised big questions over how and when the Trump administration will step in to regulate AI rollouts.

• Go deeper.

The U.S. beat Bosnia-Herzegovina 2-0 last night for its first World Cup knockout-round win in 24 years, Axios' Bob Gee writes.

• The U.S. showed grit and resilience playing a man down after losing striker Folarin Balogun, the team's leading scorer.

Balogun was issued a red card in the second half after he inadvertently landed on a Bosnia defender's heel, meaning he must sit out the next game.

• Midfielder Malik Tillman sealed the win in the 82nd minute with a free kick that curled over the Bosnian wall and past goalkeeper Nikola Vasilj.

Next up, the Americans face Belgium in Seattle on Monday.

• Read on.

Over 142 million Americans are under extreme heat warnings as the eastern half of the country keeps roasting under a "heat dome."

☀️ The National Weather Service's latest forecast calls for peak heat indices of 100-115 degrees "across portions of lower Mississippi Valley into the Northeast."

• "The combination of daytime heat and little overnight relief ... will lead to widespread areas of major to extreme HeatRisk from the Midwest to the East Coast."

⚠️ Threat level: The elderly, outdoor workers, people with preexisting health conditions and those without adequate cooling are all at risk of heat-related illness.

• "Heat dome," explained.

Americans' support for youth social media bans stretches across age groups and partisan lines, a new Pew survey finds.

• 56% of U.S. adults support social media bans for kids under 16, compared to 21% opposed.

👨🏻 Slicing by age, people 30-49 show the strongest support (63%).

• That's also the group most likely to have kids covered by such a ban.

🧒 More adults with children under 18 support a ban (65%) than those without kids (52%) — suggesting parents may see more harms than non-parents.

• Pew surveyed 9,750 U.S. adults from May 26 to June 1.

Explore the data.

The Economist, embarking on an "empirical examination of America's global might," finds: "Economically, militarily and technologically, the country is richer, stronger and cleverer than ever. However, its relative position is not what it was. We find that, by the numbers, its dominance appears to be eroding—with decisions being made now that may bulk up some forms of power and starve others."

• "Among America's greatest strengths is its dynamism, and its ability to change course," the magazine adds. "For now, those outside America's borders observe, with caution, a country that is still mighty — but in motion."

New Orleans' Open Fire Co. has the internet doing a double take with its latest creation: fried crocodile arms, Axios' Carlie Kollath Wells reports.

• The arms/legs are brined in pickle juice and buttermilk, then deep-fried in a cast-iron skillet over an open fire.

😱 The chicken wing alternative even features the reptile's claws.

• Dig in.