Infrastructure tango | Ransomware warning | El Chapo's wife

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VIEW IN BROWSER | SUBSCRIBE FRI, JUN 04, 2021 CNBC POLITICS EDITOR'S NOTE Hello,   It was a short work week, and Congress was on recess, but it was a busy four days nonetheless.   The White House ramped up warnings about ransomware given the recent spate of cyber attacks, President Biden and Republican senators inched closer to an end game in infrastructure talks, and it was revealed that two of former President Trump's allies – Rep. Matt Gaetz and Postmaster General Louis DeJoy – are facing some heat from federal investigators.   Here's what's happening: June 7 or bust? The soft deadline for an infrastructure agreement was supposed to be Memorial Day. But now it's looking more like Monday. While Biden and the GOP negotiators have indicated they would make some moves to potentially appeal to each other, they are still miles and miles of repaired roads and bridges apart on how to pay for it. The president and the top Republican negotiator, Sen. Shelley Moore Capito of West Virginia, are slated to talk again this afternoon.  DOJ prods business on ransomware: The White House this week urged companies to take a more active approach to safeguard against attacks by hackers seeking to disrupt services and operations for ransom. "All organizations must recognize that no company is safe from being targeted by ransomware, regardless of size or location," reads a memo from deputy national security advisor Anne Neuberger. Inside Sinaloa: The drug cartel once run by the now-imprisoned Joaquin "El Chapo" Guzman appears to be stronger than ever. But prosecutors might have an ace up their sleeve: El Chapo's wife, Emma Coronel Aispuro. She is being held without bail, and a plea deal is potentially in the works. "She knows where all the bodies are buried, so to speak, and she can do a lot of damage to the Sinaloa cartel," former DEA chief of international operations Mike Vigil told "American Greed," which has its season premiere 10 p.m. on Monday. Thanks for reading CNBC Politics. Have a swell weeekend.   Thoughts? Email us at CNBCPolitics@nbcuni.com.   Have friends or colleagues who might like this newsletter? They can sign up here.    Subscribe to CNBC's daily podcast "The News with Shepard Smith," which provides deep, non-partisan coverage and perspective on the day's most important stories. Mike Calia @Michael_Calia KEY STORIES  Biden responds to the May jobs report: 'Our plan is working' President Joe Biden responded to the May jobs report on Friday, saying the steady growth in jobs and the decline in unemployment is evidence his economic plan is working. Business leaders must take urgent action to counter ransomware threat, White House warns in memo The memo follows a string of ransomware attacks that have hampered logistics and services and in some cases have sent ripples through the U.S. economy. Biden prohibits U.S. investment in 59 Chinese companies allegedly tied to military, surveillance President Joe Biden expanded restrictions on U.S. investments in 59 Chinese companies with alleged ties to the country's military efforts. Biden wants GOP to back more spending, minimum corporate tax rate for infrastructure plan Biden seeks at least $1 trillion in new infrastructure spending as he prepares to meet again with GOP Sen. Shelley Moore Capito. Stimulus checks dramatically reduced hunger and hardship, Census data shows Stimulus checks significantly improved food security, financial well-being and mental health almost immediately, according to a new study of Census data. Rep. Matt Gaetz under investigation for potential obstruction of justice in sex probe Prosecutors are looking at whether Rep. Matt Gaetz obstructed justice when he called a witness in a probe of possible sex crimes, NBC News reported. Putin says foreigners can get vaccinated against Covid in Russia for a fee Putin's comments come as pressure intensifies on the world's wealthiest countries to do more to broaden the global access of Covid vaccines. Postmaster General Louis DeJoy facing federal campaign finance investigation over former business Postmaster General Louis DeJoy is facing a federal investigation over campaign contributions made by employees of his former business, a spokesman said.     Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS