U.S.
The Latest
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Trump Threatens to Deport Elon Musk and Revoke Billions in Subsidies Amid Explosive Feud
President Donald Trump on Tuesday threatened to revoke federal subsidies and suggested he would consider deporting Elon Musk, reigniting a high-profile feud with the billionaire Tesla and SpaceX CEO over opposition to the administration's $4.5 trillion tax-and-spending bill. 
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Senate Passes $4.5 Trillion GOP Tax and Spending Bill With Vance Tie-Breaker, House Fight Looms
Senate Republicans narrowly passed President Donald Trump's sweeping domestic policy bill Tuesday, delivering a legislative victory that pairs $4.5 trillion in tax cuts with deep reductions to Medicaid, food assistance, and clean energy spending. The vote sets up a high-stakes battle in the House, where internal GOP divisions threaten to derail the package before a self-imposed July 4 deadline. 
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Trump Attacks Powell Again in Handwritten Letter, Urges ‘Big’ Rate Cut
President Donald Trump intensified his pressure campaign on the Federal Reserve on Monday, sending a handwritten note to Fed Chair Jerome Powell demanding a substantial interest rate cut and blaming the central bank for high borrowing costs and wasted taxpayer funds. 
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Trump Warns of Subsidy Crackdown as Elon Musk Threatens to Launch Political Party
Elon Musk issued his sharpest political threat since the 2024 election on Monday, declaring he would help launch a new political party if President Donald Trump's sweeping domestic spending bill becomes law. The billionaire's warning came just hours before the Senate advanced the legislation, which the Congressional Budget Office says would add $3.3 trillion to the national debt over a decade. -
Fed Chair Jerome Powell Accused of Lying to Congress Over $2.5B Headquarters 'Luxury' Renovation
Federal Reserve Chair Jerome Powell is facing mounting accusations from lawmakers and former officials who say he misled Congress about the scope and cost of a $2.5 billion renovation to the Fed's Washington headquarters. During sworn testimony before the Senate Banking Committee, Powell denied that the project includes luxury amenities, contradicting existing federal planning documents. 
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Canada Drops Digital Tax, Resumes U.S. Trade Talks After Trump Halts Negotiations
Canada rescinded its controversial digital services tax on Sunday, reversing course after U.S. President Donald Trump abruptly suspended trade talks in response to the levy. The move paves the way for negotiations to resume between the two nations, whose bilateral trade reached $762 billion last year, according to the U.S. Trade Representative's office. 
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Gunman Set Wildfire, Killed 2 Idaho Firefighters in Sniper Ambush on Canfield Mountain
Two firefighters were killed and a third critically wounded in a sniper-style ambush in Coeur d'Alene, Idaho, after a gunman allegedly ignited a wildfire on Canfield Mountain and opened fire on first responders, authorities said Sunday. 
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Musk Blasts Trump-Backed Megabill as 'Utterly Insane'
Elon Musk reignited his public feud with President Donald Trump on Saturday, denouncing the administration's massive domestic policy bill as "utterly insane and destructive," just hours before the Senate was set to vote on the nearly 1,000-page legislation. Musk's criticism, delivered on his social platform X, targeted the bill's energy and tax provisions, which he warned would undercut emerging industries such as solar, battery, geothermal, wind, and nuclear power. 
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Trump Halts Iran Sanctions Relief After Khamenei Declares Victory in Israel Conflict, Escalates Rhetoric
President Donald Trump said Friday that he has suspended plans to ease sanctions on Iran, following a combative video message from Iran's Supreme Leader Ayatollah Ali Khamenei that downplayed the damage caused by U.S. and Israeli airstrikes and declared Tehran victorious in its 12-day conflict with Israel. 
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Trump Halts All Trade Talks with Canada Over Digital Services Tax, Threatens Tariffs Within Days
President Donald Trump on Friday abruptly terminated all U.S. trade negotiations with Canada in retaliation for Ottawa's imposition of a digital services tax targeting American technology companies. The announcement, delivered in a post on Trump's Truth Social platform, sent shockwaves through financial markets and threatened to destabilize one of America's largest trading relationships. 
