Morning Must Reads: May 23

In the news: drone strikes against Americans, Gitmo, Japan's stocks, the Fifth Amendment, NJ shore, leakers, and Luxembourg

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Mark Wilson / Getty Images

The early morning sun rises behind the US Capitol Building in Washington, DC.

  • Attorney General Eric Holder admits that the US had killed four American citizens in drone strikes outside the battlefields of Afghanistan and Iraq.
  • Obama will hold his first major counterterroism speech of his second term today. He will announce that his administration is set to restart transfers of detainees from Guantanamo Bay, Cuba. Michael Crowley will cover the speech for TIME later today.
  • Japan’s stocks tank.
  • Seven months after Hurricane Sandy, the New Jersey shore’s boardwalk is open.
  • Rep. Darrell Issa said that the official at the center of the uproar over the Internal Revenue Service’s targeting of conservative groups, Lois Lerner, effectively has waived her Fifth Amendment right, strongly suggesting the staffer could be hauled back before the House.
  • A Chechen man linked to one of the Boston Marathon bombing suspects was fatally shot early Wednesday in an unusual encounter with the FBI and other law enforcement officers.
  • Soldier brutally murdered in London.
  • The issue of just how far the Obama Administration is willing to go to pursue leakers gets murkier and murkier.
    • The House may hold hearings into the Department of Justice’s spying campaign against multiple news organizations.
  • Sen Ted Cruz has changed on immigration from his time as a George W. Bush adviser.
  • Luxembourg pushes to shed image of tax haven.