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Wednesday, July 22, 2026

The Trump administration plans to announce Wednesday that it has reached a broad nuclear agreement with Saudi Arabia that could lead to the country enriching its own fuel for nuclear reactors, U.S. officials said. read more


If approved, it would add an eighth nation to the list of countries where President Donald Trump has ordered strikes since the start of his second term " a chapter of his presidency that he initially said would be dedicated to ending global strife and redirecting U.S. resources to Americans.


Donald Trump is facing intense scrutiny over the billions his administration has raked in from Venezuela that now appear to have vanished into thin air. Analysis by the Financial Times suggests the White House has brought in $13 billion from Venezuelan oil sales so far after capturing despot Nicolas Maduro in January and installing vice president Delcy Rodriguez in his place.


The lawyer, Kenneth Kies, was forced out after raising concerns about White House involvement in tax audits, according to the Wall Street Journal.


Tuesday, July 21, 2026

Donald Trump pledged on the campaign trail that he would slash electricity prices in half within 18 months of returning to the White House. That self-imposed deadline is today, and"as with many of the president's promises"he appears to have fallen short of his goal. From Trump's inauguration in January 2025 to April 2026, the most recent month for which government data are available, residential electricity rates have risen by an eye-watering 18 percent. From April 2025 to April 2026, rates jumped by 7.3 percent, or about twice the rate of inflation, according to the Energy Information Administration. Unfortunately, for many consumers, there is not much relief in sight.


Comments

More: Sen. Warren: Thank you, Mr. Chairman. So, the Federal Reserve has long been plagued by a culture of corruption and coziness with Wall Street.

Over the last five years, at least six senior Fed officials have been implicated in serious ethics scandals related to personal stock trading and self-dealing.

But instead of trying to repair this broken culture, I'm concerned that you seem to be embracing it.

At the time of your nomination, you owned more than $100 million worth of shares in private investment vehicles called the Juggernaut Funds and THSDFS LLC. And, you refused to disclose the underlying assets to the Senate and to the public. You say now that you've sold those shares. In other words, someone wrote you a check for more than $100 million days before you entered office. Chair Warsh, who wrote that check?

Chair Warsh: Senator Warren, this is a discussion you and I had in the public square seven weeks ago. And I'm thrilled to tell you that I've fully honored the obligations I had under the Office " the agreement I had with the Office Government Ethics. And there's continued disclosure which I'm happy to make as consistent with the agreement.

Sen. Warren: I asked you a very specific question. Who gave you $100 million right before you were sworn in. Was it a billionaire who has business with the Fed? Was it Stanley Druckenmiller, who has made billions of dollars betting on what the Fed does? Or was it a different billionaire? Who gave you the money?

Chair Warsh: I will fully comply with the Office of Government Ethics.

Sen. Warren: That's not an answer.

Chair Warsh: Well it is an answer actually, Senator.

Sen. Warren: No, it's not.

Chair Warsh: Because there are obligations and I will satisfy them completely.

Sen. Warren: It's $100 million right before you were sworn in, and you won't tell the American people where it came from.

More: According to the joint task force, all National Guard members who come to D.C. have been deputized as special police by the U.S. Marshals Service and issued a firearm, which is rare for a domestic National Guard deployment. Guard troops are not authorized to make arrests, although they can detain someone until arresting officers arrive.

The troops in D.C. are largely performing what are called "presence patrols," walking in small groups around popular areas of the city to act as a deterrent for crime and allow law enforcement to focus on other areas.

But two different studies " including one out this week by the progressive Center for American Progress " have both found that the National Guard presence in D.C. has had little to no effect on violent crime and that the recent drop in crime would have likely happened regardless of the troops.

"These trends have been going on since before the deployment, since before Trump's second inauguration even. It should tell people that actually this is not part of the solution," says Chandler Hall, associate director on the public safety team at CAP and lead researcher of the study.

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As the length of the deployment, as well as the size, increases, so does the cost to taxpayers. With the current summer surge, the cost per day is hovering around $3 million, according to an estimate by the nonpartisan Congressional Budget Office.

Using that number, the Project on Government Oversight, an independent nonpartisan watchdog, estimates the deployment with this new 2029 extension will cost somewhere between $2.5 billion and $3.4 billion in total, depending on how many troops remain in the city.

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