Author: Newyorki

Former U.S. Representative Colin Allred, a Democrat from Texas, officially launched his 2026 Senate campaign on Monday, setting the stage for what is expected to be one of the most closely watched races in the country. Allred, a former NFL linebacker and civil rights attorney, becomes the first major Democratic contender to enter the race. He previously challenged Senator Ted Cruz in 2024, losing by 8.5 percentage points, but emerged with increased name recognition and a strong fundraising network. In a campaign video released on social media, Allred criticized Republican leadership in Texas, stating, “The people that we elected to…

President Donald Trump escalated his feud with billionaire entrepreneur Elon Musk on Tuesday, suggesting that the U.S. Office of Government Efficiency should review and potentially reduce federal subsidies and support provided to Musk’s companies. The move follows Musk’s vocal criticism of the administration’s sweeping tax and spending bill currently under debate in the Senate. In a post on Truth Social, Trump said Musk “probably receives more government support than any individual in history — by far,” implying that without such assistance, Musk may have been forced to shut down operations and return to South Africa. “No more rocket launches, satellites,…

In a landmark decision, the White House announced that President Donald Trump has signed an executive order lifting U.S. sanctions on Syria, marking a significant reversal of decades-long American policy toward the country. The move is being framed by the administration as the beginning of a new diplomatic and economic relationship between Washington and Damascus. A senior official at the U.S. Treasury Department stated that the action would “end Syria’s isolation from the global financial system and create new pathways for trade and investment between Syria, the United States, and regional partners.” The official added that the administration is actively…

After more than 20 hours of continuous debate, the U.S. Senate is edging closer to a final vote on President Donald Trump’s massive tax, spending, and policy bill. As of early Tuesday morning, negotiations were still ongoing, with top Republicans working to secure the final votes needed to pass one of the most consequential legislative packages of Trump’s second term. The bill includes far-reaching reforms, such as major cuts and restructuring of Medicaid, a significant increase in border security funding, and caps on taxes for tipped wages and overtime pay. Its passage would mark a critical victory for the president’s…

U.S. stock futures edged lower early Tuesday following a robust second-quarter rally that saw the S&P 500 and Nasdaq reach new record highs in the final days of June. The strong performance marked the best quarterly gain for major indexes in more than a year, driven by growing optimism over international trade progress and recent legislative victories. At 6 a.m. ET, futures for the Dow Jones Industrial Average dipped 0.12%, while S&P 500 futures fell 0.26% and Nasdaq futures declined 0.35%. The rally was largely supported by investor confidence in the U.S. economy and optimism around ongoing trade negotiations, particularly…

The U.S. Senate remains locked in prolonged debate over President Donald Trump’s expansive tax, spending, and border security bill, with negotiations dragging into a second week amid fierce partisan divides and growing fractures within the Republican ranks. At the heart of the bill are controversial proposals that include an extension of the 2017 Trump-era tax cuts, sweeping reductions to Medicaid funding exceeding $1 trillion, and an unprecedented $150 billion boost to the Department of Homeland Security, aimed at fueling Trump’s mass deportation agenda and expanding the U.S.-Mexico border wall. A Divided GOP and Tight Vote Margins Republicans, who control the…

Elon Musk has sharply escalated his opposition to President Donald Trump’s sweeping tax and budget legislation, warning Republican lawmakers who support the bill that he will actively fund efforts to unseat them in upcoming primaries. In a series of posts published June 30 on X (formerly Twitter), Musk — the world’s richest man and a former senior adviser in the Trump administration — criticized the legislation for dramatically expanding the national debt. The bill, a cornerstone of Trump’s domestic policy in his second term, would increase the federal debt ceiling by $5 trillion, a move Musk described as “the biggest…

President Donald Trump has renewed his public campaign to pressure Federal Reserve Chairman Jerome Powell to significantly cut interest rates — this time through an unconventional approach: a handwritten letter shared on social media. In a note posted to Truth Social on June 30, Trump criticized Powell for failing to lower rates, writing, “You are, as usual, ‘Too Late.’ You have cost the USA a fortune and continue to do so.” He called for deep rate cuts, adding, “Hundreds of billions of dollars [are] being lost! No inflation.” The letter was accompanied by a global comparison of central bank interest…

Former U.S. President Donald Trump confirmed on Monday that he has had no communication with Iranian officials since what he described as the complete destruction of Iran’s nuclear facilities by U.S. military strikes. Posting on Truth Social, Trump stated, “I haven’t offered Iran anything, nor have I spoken to them since we destroyed their nuclear sites.” He also took the opportunity to criticize former President Barack Obama for sending billions of dollars to Tehran under the 2015 nuclear deal, which Trump withdrew from during his first term in office. In remarks made the day before, Trump suggested Iran is now…

A man was arrested by Capitol Police on Sunday evening after interrupting a Senate debate on President Donald Trump’s sweeping new spending bill, known among supporters as the “big, beautiful bill.” The incident occurred in the Senate Galleries, where the individual began shouting criticisms at lawmakers during the heated legislative session. The man, identified as Allen D. Rogers from Florida, was taken into custody around 7:00 p.m. and charged with unlawful conduct after he refused to comply with officers’ orders to cease his disruptive behavior. According to a statement from the U.S. Capitol Police, “Our officers arrested a man who…