President Donald Trump faces a forced divestiture proposal from Senate negotiators working to pass the CLARITY Act before the August 7 recess. The ethics addendum requires Trump to surrender crypto-related businesses while potentially granting him a multi-year capital gains tax deferral on his digital asset holdings. The $1.4 Billion Crypto Windfall Driving Senate Opposition Freshman … Read more
Federal authorities are investigating an incident where a military helicopter carrying President Donald Trump experienced a momentary loss of separation from a passenger jet departing from Ronald Reagan Washington National Airport. Both the Federal Aviation Administration and the National Transportation Safety Board announced that they are investigating the occurrence, which took place on a Tuesday … Read more
The United States administration has refunded $100bn in “Liberation Day” tariffs to businesses through customs officials, representing roughly 60 percent of the total revenue collected under the policy. The massive payouts follow a February Supreme Court ruling invalidating the broad import levies introduced under emergency powers. The federal government has returned $100bn (£78bn) in tariff … Read more
U.S. President Donald Trump criticized oil giants ExxonMobil and Chevron on Monday, claiming they are earning excessive profits from supply shortages caused by the war in Iran. Trump urged the companies to lower retail fuel prices after second-quarter earnings reports revealed massive corporate windfalls. The friction between the White House and the energy sector comes … Read more
Donald Trump has ordered contractors to dismantle a new White House helipad after expressing dissatisfaction with its appearance and the slope of the South Lawn. The reversal follows weeks of around-the-clock work intended to finish the project before Chinese President Xi Jinping’s planned state visit in September, according to Msn. The decision to rip up … Read more
The launch of Moonshot AI’s Kimi K3 model in July has sent shockwaves through Silicon Valley and Wall Street. Rising quickly on programming benchmark leaderboards, the affordable Chinese model threatens American AI dominance and pressures U.S. tech firms on pricing. A fresh wave of affordable artificial intelligence software from Chinese startups is altering how developers … Read more
A cargo ship was struck by an unknown projectile in the Strait of Hormuz in the night before Tuesday, August 4, 2026, amid an escalating diplomatic standoff. U.S. President Donald Trump claimed that reopening the vital trade route is possible as early as Tuesday, while Iranian officials flatly denied holding bilateral talks with Washington. Cargo … Read more
President Donald Trump may temporarily withdraw the nomination of Attorney General Todd Blanche to bypass GOP holdouts in the Senate. Senators Thom Tillis and John Cornyn are currently blocking the confirmation process, demanding written guarantees regarding a Justice Department settlement involving a $1.8 billion fund and tax immunity for the president. The confirmation of Acting … Read more
U.S. Attorney for the District of Columbia Jeanine Pirro met with President Donald Trump at the White House on Monday, August 3, 2026, following the president’s public claims that she choked after dropping felony vandalism charges against Olympian David Hearn regarding the Lincoln Memorial Reflecting Pool. The meeting followed a weekend of public friction between … Read more
Israeli Prime Minister Benjamin Netanyahu arrived at the White House on Tuesday for his eighth sit-down of Donald Trump’s second term, marking their first face-to-face meeting since launching a joint war against Iran on Feb. 28, 2026. The talks address Iran, Lebanon’s framework agreement, and Abraham Accords expansion ahead of Senator Lindsey Graham’s funeral. Diplomatic … Read more