President Trump is refusing to sign a landmark bipartisan housing bill to protest Senate Republicans' failure to pass an unrelated bill that would tighten voting restrictions . Why it matters: The president's refusal is a symbolic gesture, as the housing bill will become law at midnight — with or without Trump's signature. What they're saying: "I will not sign the Housing Bill, which has been fully approved by Congress and sent to the White House, in PROTEST over the fact that the United States Senate is not capable of passing THE SAVE AMERICA ACT," Trump wrote in a Truth Social post Friday morning. - "THE SAVE AMERICA ACT'S non-passage is CRAZY, and a serious threat to any politician who votes against it!" Context: The SAVE America…
State of the Union: Traffic through the Strait of Hormuz plunged after a series of U.S. strikes on Iran. The post Iran War Day 133: Future of Interim Peace Deal Uncertain appeared first on The American Conservative .
The future of the Iran War remained uncertain on Friday, the war’s 133rd day, near the end of a week in which the U.S. and Iran exchanged strikes, the U.S. seemingly withdrew from the memorandum of understanding to end the conflict, a series of unclaimed strikes hit Iran, and traffic through the Strait of Hormuz fell significantly. The series of unclaimed airstrikes hit Iran Thursday as Tehran prepared to bury its assassinated, former supreme leader and after the U.S. said it had finished its own attacks. The strikes have given rise to speculation about which country is responsible. The secretary for Iran’s Supreme National Security Council, Mohammad Bagher Zolghadr, said on Friday that “any attack on infrastructure will be…Open
Washington is taking another crack at the one thing that really scares Xi Jinping. The U.S. Intelligence Community (IC) is investigating the wealth of the General Secretary of the Chinese Communist Party (CCP) – that’s Xi Jinping, and the other six members of the Politburo Standing Committee, along with the full 25-member Politburo. The FY 2026 Intelligence Authorization Act (Section 513) requires the Director of National Intelligence (DNI) to draft the report – and to look at assets, financial holdings, real estate, and business interests – to include those held outside China. The report will also include the ‘cut outs’ and ‘fronts’ enabling and obscuring Xi and top officials’ ownership. The final report is due out…Open
Near the midpoint of the year, stocks and bonds both report good returns. But the global stock market has become highly concentrated, our columnist says.