Vinton Cerf is the most elegant man in the office. He wears an impeccable three-piece wool suit and proudly displays gold cufflinks, which depict the solar system. At 82, he looks like a character from one of Amor Towles’ novels: a gentleman with distinguished style. With his lively eyes and neatly trimmed white beard, no one would guess that he’s one of the most important computer scientists in contemporary history.

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U.S. President Donald Trump has been investing in the stock market while leading the country. He has a vast portfolio of hotels, golf courses, and luxury residential properties bearing his name, valued at more than $6 billion. But he also has a significant stock portfolio that he continued to grow during the first quarter, according to the extensive report containing his financial disclosure, released Thursday night by the Office of Government Ethics. A White House spokesperson maintains that the president does not make decisions about the investment process, which is managed by advisers. They explain that independent financial managers traded on his behalf using programs that track recognized indices.

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The United States continues its anti-drug trafficking operation in the Caribbean and the eastern Pacific. While the military maintains its strategy of bombing suspected drug-running boats, the Coast Guard is opting for more traditional operations to intercept vessels. On May 8, the Coast Guard cutter Tahoma interdicted three vessels suspected of drug smuggling near Colombian waters, and carrying approximately 6,085 pounds (2,760 kilograms) of cocaine valued at $45.8 million, according to a statement from U.S. Southern Command. Agents arrested nine people who have been turned over to U.S. authorities.

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Kevin Warsh has spent the last decade yearning for the chairmanship of the Federal Reserve, a goal he has just achieved after Senate confirmation, thanks to the Republican majority. He succeeds Jerome Powell, a frequent target of Trump’s attacks (both legal and verbal), whose term officially ends this Friday. Warsh, a millionaire, is poised to fulfill his dream at a crucial moment for the United States’ central bank.

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FBI Director Kash Patel is not having the best of times. The probability of Donald Trump firing him before the end of the year is 64%, according to the event prediction platform Polymarket. His reputation has plummeted following the publication of a report in the digital media outlet The Atlantic accusing him of excessive alcohol consumption and alleging that his FBI colleagues had trouble waking him up after he had drunk too much. He has denied the allegations and has sued the publication for defamation, seeking $250 million in damages.

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Kevin Warsh became the new chair of the Federal Reserve on Wednesday after securing final approval from the U.S. Senate.

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Gasoline has become Donald Trump’s Achilles’ heel. Fuel prices are a matter of national concern in a country where citizens often commute long distances to work and where cars, with their larger engines, tend to consume more fuel than elsewhere. The war in Iran has driven up oil prices, and the tension in the energy markets has spilled over to the pumps, where gasoline has become more than 50% more expensive since the start of the conflict. Against this backdrop, the U.S. president announced this week that he will propose temporarily suspending the federal gasoline tax. The measure has been described by members of the Democratic opposition as a publicity stunt to divert attention from the rising cost of living for Americans. Other legislators from both parties support the proposal to ease the financial burden on citizens.

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Kevin Warsh’s path to becoming chair of the Federal Reserve is full of obstacles. On Monday, he cleared another hurdle in the Senate’s complex procedural process. However, several steps remain before Warsh is officially appointed to replace Jerome Powell, whose term as chair ends on Friday.

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