
DOJ drops challenge to Tennessee's gender care ban for minors
July 22 (UPI) -- The Justice Department has dismissed a Biden-era lawsuit challenging Tennessee's law banning gender-affirming care for minors, as the Trump administration continues to attack the rights and medical care of transgender Americans.
Attorney General Pam Bondi announced that her department's Civil Rights Division dismissed the lawsuit in a statement Monday that said the Justice Department "does not believe challenging Tennessee's law serves the public interest."
Gender-affirming care includes a range of therapies, including psychological, behavioral and medical interventions, with surgeries for minors being exceedingly rare. According to a recent Harvard study, cisgender minors and adults were far more likely to undergo analogous gender-affirming surgeries than their transgender counterparts.
Every major American medical association supports gender-affirming care for both adults and minors, including the American Academy of Pediatrics and the American Medical Association, the largest national medical association.
Despite the support of the medical community and evidence of its efficacy, gender-affirming care and this marginalized community continue to be targeted by conservatives and Republicans with legislation.
Tennessee enacted Senate Bill 1 in March 2023 to prohibit healthcare professionals from prescribing puberty blockers or hormones to minors to treat gender dysphoria, which attracted a lawsuit from the Justice Department under President Joe Biden, arguing the law violated the 14th Amendment's Equal Protection Clause, as all other minors continued to have access to the same procedures and treatments.
The conservative movement targeting the healthcare of transgender minors has since gained a supporter in the White House with the re-election of President Donald Trump.
Since returning to power, Trump has implemented an agenda targeting transgender Americans, including directing the federal government to recognize only two sexes determined at "conception," restricting gender-affirming care for youth and banning transgender Americans from the military.
Last month, the conservative-leaning Supreme Court ruled 6-3 against the Biden administration's complaint to overturn the Tennessee law. The ruling fell along ideological lines, with the conservative justices voting for the law to stand. The liberal justices dissented.
"By retreating from meaningful review exactly where it matters most, the Court abandons transgender children and their families to political whims," Justice Sonia Sotomayor said in her dissent.
"Tennessee's ban applies no matter what a minor's parents and doctors think, with no regard for the severity of the minor's mental health conditions or the extent to which treatment is medically necessary for an individual child."
Bondi on Monday said the Supreme Court made "the right decision." Assistant Attorney General Harmeet Dhillon of the Justice Department's Civil Rights Division said that by dismissing the lawsuit, they "undid one of the injustices the Biden administration inflicted upon the country."
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Some of the highest-trending ticker pages on Yahoo Finance this morning are meme crowd favorites Kohl's (KSS), Rocket (RKT), and Krispy Kreme (DNUT). As of 6 a.m. ET, Rocket and Krispy Kreme are each up double-digit percentages in premarket. "The phenomenon of meme stocks isn't going away. I feel like the genie's out of the bottle. And it's just become a way for a certain subset of everyday investors to trade, and that's completely fine," Ritholtz Wealth Management strategist Callie Cox said on Yahoo Finance's Opening Bid (watch below). Makes sense! Texas Instruments stock plunges as guidance disappoints Given how hard the stock market has rallied, any company reporting guidance that is perceived as subpar will get punished. A good example of that will play out with Texas Instruments (TXN) in today's session. The stock is getting pounded premarket, down 12% after third quarter guidance on earnings per share that was 14 cents below consensus on the low end. 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The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June. Trump hailed the deal as the 'largest Deal ever,' claiming Japan would invest $550 billion in the US and allow greater access to its markets, including for American autos, trucks, and agricultural goods. Shares of Japanese automakers pumped after U.S. President Donald Trump announced a trade deal with Japan, lowering the previously discussed 25% auto tariffs on Japanese vehicles to 15%. Honda (HMC) surged 9.8%, Toyota (TM) jumped 13.9%, Nissan (7222.T) gained over 5%, and Mazda (7261.T) soared 17.7%. Mitsubishi Motors (7211.T) rose over 12%. According to Japan's NHK, the revised tariff structure includes a 12.5% cut plus a 2.5% 'Most Favored Nation' base rate. The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June. 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- San Francisco Chronicle
For hope on climate change, UN chief is putting his faith in market forces
NEW YORK (AP) — For nearly a decade United Nations Secretary-General Antonio Guterres has been using science to warn about evermore dangerous climate change in increasingly urgent tones. Now he's enlisting something seemingly more important to the world's powerful: Money. In an exclusive interview with The Associated Press, Guterres hailed the power of market forces in what he repeatedly called 'a battle' to save the planet. He pointed to two new UN reports showing the plummeting cost of solar and wind power and the growing generation and capacity of those green energy sources. He warned those who cling to fossil fuels that they could go broke doing it. 'Science and the economy show the way,' Guterres said in a 20-minute interview in his 38th-floor conference room overlooking the New York skyline. 'What we need is the political will to take the decisions that are necessary in regulatory frameworks, in financial aspects, in other policy dimensions. Governments need to take decisions not to be an obstacle to the natural trend to accelerate the renewables transition.' That means by the end of the fall governments need to come up with new plans to fight climate change that are compatible with the global goal of limiting warming and ones that apply to the their entire economy and include all greenhouse gases, Guterres said. But don't expect one from the United States. President Donald Trump has pulled out of the landmark Paris climate agreement, slashed efforts to boost renewable energy and made fossil fuels a priority, including the dirtiest one in terms of climate and health, coal. 'Obviously, the (Trump) administration in itself is an obstacle, but there are others. The government in the U.S. doesn't control everything,' Guterres said. Sure, Trump pulled out of the Paris accord, but many states and cities are trying to live up to the Biden administration's climate-saving goals by reducing the burning of coal, oil and natural gas that release heat-trapping gases, Guterres said. Invest in fossil fuels, risk stranded assets? 'People do not want to lose money. People do not want to make investments in what will become stranded assets,' Guterres said. 'And I believe that even in the United States, we will go on seeing a reduction of emissions, I have no doubt about it.' He said any new investments in exploring for new fossil fuel deposits 'will be totally lost' and called them 'just a waste of money.' 'I'm perfectly convinced that we will never be able, in the history of humankind, to spend all the oil and gas that was already discovered,' Guterres said. But amid the hope of the renewable reports, Guterres said the world is still losing its battle on climate change, in danger of permanently passing 1.5 degree Celsius (2.7 degree Fahrenheit) warming since preindustrial times. That threshold is what the Paris agreement set up as a hoped-for global limit to warming 10 years ago. Many scientists have already pronounced the 1.5 threshold dead. Indeed, 2024 passed that mark, though scientists say it requires a 20-year average, not a single year, to consider the threshold breached. A scientific study from researchers who often work with the U.N. last month said the world is spewing so much carbon dioxide that sometime in early 2028, a couple years earlier than once predicted, passing the 1.5 mark will become scientifically inevitable. Guterres: 'We need to go on fighting' even as it looks bleak Guterres hasn't given up on the 1.5 degree goal yet, though he said it looks bad. 'We see the acceleration of different aspects of climate change., rising seas, glaciers melting, heat waves, storms of different kinds," he said. 'We need to go on fighting,' he said. 'I think we are on the right side of history.' Guterres, who spoke to AP after addressing the U.N. Security Council on the Israeli occupation of Gaza, said there's only one way to solve that seemingly intractable issue: An immediate ceasefire, a release of all remaining hostages, access for humanitarian relief and 'paving the way for a serious political process leading to the two-state solution. Some people say the two-state solution is now becoming extremely difficult. Even some saying it's impossible. But the question is, what is the alternative?' Gaza, Ukraine and Sudan are all crises, Guterres said, but climate change is an existential problem for the entire planet. And he said people don't realize how climate-caused droughts and extreme weather can feed poverty and terrorism. He pointed to the Sahel as an example. 'We see that people live in worse and worse conditions, less and less capacity to grow their crops, less and less capital,' he said. 'And this is largely due to climate change.' 'Everything is interlinked: Climate change, artificial intelligence, geopolitical divides, the problems of inequality and injustice,' Guterres said. 'And we need to make sure that we make progress in all of them at the same time.'