The Pour Over Today - Final SCOTUS rulings, Ending Canadian Trade Talks, Stocks Hit Record High, & More | 06.30.25
Episode Date: June 30, 2025Today, we’re talking about the Supreme Court’s final decisions of the 2024-2025 term; President Trump ending trade negotiations with Canada; the S&P 500’s record high close on Friday; and other ...top news for Monday, June 30th. Stay informed while remaining focused on Christ with The Pour Over Today. Join over 1 million readers with our free newsletter here Looking to support us? You can choose to pay here Check out our sponsors! We actually use and enjoy every single one. Upside Cru LMNT CSB The Table Podcast Heaven Meets Earth Podcast World Relief MOSH Stewardship Investments
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Today's episode is brought to you by our lead sponsor, CREW. with Canada, the SMP 500's record high close on Friday, and other top news from
Monday, June 30th. Stay informed while remaining focused on Christ with the
pour-over today. Here's your quote of the day,
in all of our deeds God looks at the intention whether we do it for his sake
or for the sake of some other intention. Maximus the Confessor.
Let's get started with some espresso shots.
The Supreme Court wrapped up its 2024-2025 season Friday, making five decisions before hanging up the robes and settling their
out-of-office-until-October messages.
The 6-3 conservative majority stuck together for three cases.
Number one, limiting nationwide injunctions.
Federal district judges can only block national policies for specific
plaintiffs who are directly harmed.
Not the entire country.
Meaning the Trump admin can now take steps to implement its previously
blocked plan to end automatic birthright
citizenship.
Supporters say it prevents judicial overreach.
Critics warn it weakens checks on executive power.
Number 2.
School opt-out rights.
Parents in Montgomery County, Maryland can opt their elementary-aged kids out of LGBTQ-themed
lessons based on religious grounds,
strengthening parental rights
and potentially shaping curriculum opt-out policies nationally.
Supporters call it a religious liberty win.
Critics say it may undermine inclusive education.
3. Adult website age verification
The court upheld Texas' law requiring adult websites to verify users are 18-plus, giving
states more power to regulate online access to explicit content.
Supporters say it's a common-sense safeguard.
Critics warn it could chill free speech and lead to online censorship.
Two rulings that cut across ideological lines.
Number one, upholding Obamacare's coverage requirements.
The Supremes upheld the Affordable Care Act's accountability structure, which also confirmed
health insurers must continue covering free preventative care, including HIV prevention
drugs.
Number two, FCC vs. Consumers Research
The High Court upheld a federal program offering phone and internet access to rural and low-income
Americans.
This term, 42% of opinions were decided unanimously and 9% were decided along ideological lines.
Chief Justice Roberts was in the majority 95% of the time,
the most, and Justice Brown Jackson was in the majority
72% of the time, the least.
Whether you're critical of your government
or think it's unfairly criticized,
the command for Christians is to love neighbors
and enemies alike.
That requires speaking about others with dignity and respect,
even when we feel like they haven't earned it.
James 3 says,
With the tongue we bless our Lord and Father,
and with it we curse people who are made in God's likeness.
Blessing and cursing come out of the same mouth.
My brothers and sisters, these things should not be this way.
Who among you is wise and understanding?
By his good conduct, he should show that his works
are done in the gentleness that comes from wisdom.
["Dreams of a Better World"]
The White House suspended trade talks with Canada in response to its digital service taxes which go into effect today.
The new 3% tax applies to tech companies, both domestic and foreign, that engage with
online users in Canada.
It also applies retroactively, leaving major U.S. tech companies like Amazon, Google, and Meta
with a $2 billion bill due to the Great White North by the end of the month.
President Trump called the northern neighbors foolish for following through with the tax,
promising retaliatory tariffs.
Meanwhile, a long-awaited trade agreement with China was announced with little fanfare
and few details. Late Thursday,
Trump announced a deal was signed, quote, the other day. And China's Commerce Ministry confirmed
the framework includes rare earth exports from China to the US and the easing of US tech restrictions
on China. Our goal is to keep the big things big and the small things small.
It's not that U.S.-Canada trade negotiations aren't important, they're just not God
of the universe important.
Stay focused on eternity, it changes everything.
Job 1210 says, the life of every living thing is in his hand, as well as the breath of all humanity.
With over 1,000 translations and every type of decorative edition, it's easy to forget how many
people can't even get their hands on a single copy of the Bible in their native language. That's why
we've partnered with CREW. CREW has missionaries in almost every country, but they need more Bibles.
One missionary said, I've never seen such a thirst for the Word of God in my country.
Let's quench that thirst.
For just $24 a month, you can provide three people with Bibles every month.
As a bonus, Crew will provide meals to 12 hungry individuals through their humanitarian
ministry and send you a free TPO coffee mug. CREW will provide meals to 12 hungry individuals through their humanitarian ministry
and send you a free TPO coffee mug.
Simply text POUR to 71326
or visit give.crew.org slash POUR.
Again, that's texting P-O-U-R to 71326
or give.cru.org slash P-O-U-R. Message and data rates may apply. In other brews, here's a rapid round of updates.
The S&P 500 and tech-heavy Nasdaq both closed at all-time highs Friday, brushing off wars
and tariffs like seasoned traders.
While investors acknowledge 2025 has brought significant geopolitical uncertainty, corporate
earnings and AI optimism have both remained strong throughout.
The S&P 500 is now slightly above where it started President Trump's second term.
The U.S. brokered a peace deal between the Democratic Republic of Congo and Rwanda Friday,
aiming to end 30 years of deadly conflict in eastern Congo.
President Trump called it a, quote, new chapter of hope,
and US companies are eyeing access
to the region's critical minerals.
Secretary of State Marco Rubio called it a historic breakthrough.
California Governor Gavin Newsom is suing Fox News for $787 million,
the same amount Fox paid Dominion voting systems in 2023, for defamation, alleging
that they made misleading comments about him regarding a phone call with President Trump
earlier this month. Newsom said he'll withdraw the suit if Fox retracts their claim that
Newsom lied, and if host Jesse Waters apologizes.
Kilmar Abrego-Garcia's jail stay has been extended.
The judge delayed his release after lawyers raised fears he'd be deported before trial,
citing mixed government statements.
One promised trial first, another hinted at a third-country deportation.
Abrego-Garcia was returned to the U.S. to face human smuggling charges earlier this month
after being deported to El Salvador in March.
— The big, beautiful bill is slowly making its way through the Senate.
It passed a key procedure revoked 51-49, with two Republicans defecting,
including Senator Tom Tillis from North Carolina,
who said he opposed the bill and won't seek re-election.
Meanwhile, Democrats are stalling, among other things.
They forced the 970-page bill to be read aloud.
It took 16 hours.
That's all we have for today.
Thanks so much for listening, TPO fam.
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We're so grateful for your support and we hope you have a great week.
See you on Wednesday.
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