Notes today: 

• 

Texas senate passes bill allowing permitless carry of handguns. And so LaPierre's NRA would like to be in Texas also.

• Trump’s adult children have cost taxpayers a lot of money over the years, but this time, it’s different. CREW got records from the Secret Service that show that in just the thirty days after Donald Trump left the presidency, his childrens’ travel cost taxpayers more than $140,000. That figure, however, does not include charges at Trump properties in Bedminster, Palm Beach and Briarcliff, New York, which would likely bring the actual total much higher.

• FT: Elon Musk’s space triumph has followed a classic Silicon Valley arc. It involved a time-tested strategy: ride on the back of government-funded research, while using government as the anchor customer to fund the development of a new market on.ft.com/3h9BNX7 

• US Unemployment ticked up to 6.1% as businesses added just 266,000 jobs in April—well below expectations of one million. 

• Bloomberg: With homeownership out of reach for many Americans because of high prices and low supply, rents are now also climbing. Record occupancy rates are emboldening single-family landlords to hike rents aggressively, testing the limits of booming demand for suburban rentals.
• AMH, which owns 54,000 houses, raised rents 11%