AP News Summary at 7:46 p.m. EDT | National News

• On June 4, 2026, the Supreme Court ruled unanimously in Sripetch v. SEC (No. 25–466) that the Securities and Exchange Commission does not need to prove victims suffered a financial loss to obtain a disgorgement award. • The decision stems from a civil enforcement action brought by the SEC against an individual named Mr. Sripetch.

• The U.S. Supreme Court ruled on Thursday to uphold the Securities and Exchange Commission's (SEC) authority to use "disgorgement" to recover illegal profits. • This decision preserves a critical financial remedy used by the Wall Street watchdog to strip wrongdoers of illicit gains.

• The US Supreme Court is reviewing key cases involving campaign finance and voting regulations, including a challenge by JD Vance and other Republicans against limits on coordinated party expenditures. • In a separate case, conservative justices expressed skepticism on March 23 regarding a Mississippi law that permits a five-day grace period for mail-in ballots received after Election Day.

• Former BJP Tamil Nadu unit president K. Annamalai announced he will share a "heart-to-heart conversation" regarding his future political course via social media on Friday at 12 noon. • Reserve Bank Governor Sanjay Malhotra is scheduled to announce the Monetary Policy Committee's decision this Friday.

• The DMK has issued a strongly-worded statement distancing itself from the Congress party following the recent Tamil Nadu Assembly elections. • This decision was made to honor the sentiments of DMK cadres who feel "betrayed" by the Congress party's actions.

• Rappler examines the ongoing political conflict within the Philippine Senate, characterized by rhetoric and a "teleserye"-like atmosphere. • The dispute centers on a boycott led by Senator Alan Peter Cayetano, who claims to be fighting for Senate independence, while opposing members argue for the rule of law.

• A new report from Check Point identifies misinformation and targeted phishing attacks as primary threats to election security. • The analysis warns that attackers are leveraging stolen credentials from previously hacked campaign and election websites to launch these attacks.

• Louisiana's Republican lawmakers are attempting to eliminate one of the state's two majority-Black congressional seats. • This legislative move follows a U.S. Supreme Court ruling on May 29, 2026, which declared the state's current congressional map unconstitutional.

• US lawmakers and government officials are currently engaged in active debates regarding federal spending and national economic growth. • These discussions are taking place amidst a broader political environment focused on critical national issues and preparations for upcoming elections.

• The Supreme Court of India issued a series of landmark judgments in May 2026, covering diverse legal areas including electoral integrity, human trafficking, and property law. • Key rulings include the upholding of Bihar's electoral roll revision, the extension of the Teacher Eligibility Test (TET), and the issuance of a comprehensive Victim Protection Plan for human trafficking survivors.

• Primary elections took place on Tuesday across several U.S. states, including California, Iowa, Montana, New Jersey, New Mexico, and South Dakota. • Much of the national focus centered on California, where voters cast ballots in a variety of races, including the gubernatorial contest.