The House passed a sweeping Russia sanctions bill Thursday, sending the long-awaited legislation to President Trump's desk. Why it matters: The measure would significantly expand economic pressure on Russia while handing Trump fresh authority to impose secondary tariffs of up to 100% on buyers of Russian oil and gas. - It would also target Russia's "shadow fleet," the network of aging tankers used to evade Western sanctions while exporting Russian oil. - The vote was 262-159. - The bill was renamed in honor of its lead sponsor, the late Sen. Lindsey Graham (R-S.C.), who died suddenly in July. Driving the news: The bill scrambled the usual partisan lines on Russia and Ukraine, with House Democratic leaders opposing it while some…
President Trump responded to the Federal Reserve raising interest rates for the first time in three years by saying they should be lowered — "AND FAST!" Why it matters: The rate hike immediately puts Trump at odds with the central bank under new Fed chair Kevin Warsh , whom he picked to lead it. By the numbers: The Fed raised its target interest rate by a quarter percentage point, to a range of 3.75%–4%. - Fed projections show 12 of 18 officials expect one more rate hike this year, while four expect two more. What he's saying: "Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World — BY FAR," Trump wrote on Truth Social. - "Our Country is BOOMING with new Investment! If we stopped…
Among the new revelations were that Crooks’ father, Matthew Crooks, had tried to prevent his son from accessing firearms in May 2024, approximately two months before the attempted assassination, and that the task force was not aware that federal authorities had interviewed Crooks’ family.
The invitation by the E.U. for Canada to become an “associate member” is a sign of Mr. Trump’s brand of diplomacy, which often involves threatening America’s closest friends.
President Donald Trump's Memphis Safe Task Force has delivered historic results, reducing crime in one of America's most violent cities and reclaiming neighborhoods from lawlessness.
President Trump’s Memphis Safe Task Force has delivered historic results, reducing crime in one of America’s most violent cities and reclaiming neighborhoods from lawlessness. PULSE POINTS WHAT HAPPENED: One year after President Donald J. Trump created the Memphis Safe Task Force and ordered a federal surge into the city, Memphis has reported a sharp decline in crime. The task force, which brought together more than 30 federal, state, and local agencies, has focused on arrests , outstanding warrants, illegal firearms, narcotics, and gang activity. DETAIL: Overall crime in Memphis is down nearly 36 percent from the previous year, while murders have fallen 36 percent, sexual assaults 28 percent, motor vehicle thefts 57 percent,…Open
President Donald Trump spoke with members of the press after landing in Gastonia, North Carolina, on Wednesday. Trump was asked about the Federal Reserve's decision to raise interest rates. The president is in North Carolina to campaign for Senate hopeful Michael Whatley. The Federal Reserve raised its benchmark interest rate by a quarter-point, bringing the target range to 3.75% to 4.00%. The rate increase is expected to make borrowing more expensive for homes, vehicles, credit cards and other major purchases.
President Trump is expected to meet Gulf leaders on the sidelines of the UN General Assembly in New York next Tuesday to discuss the next steps in the war with Iran , three sources with direct knowledge tell Axios. Why it matters: The meeting is expected to focus on U.S. ideas for a postwar strategy as Trump and his senior team work on a day-after plan expected to be finalized after the midterms . What we're watching: Israeli Prime Minister Benjamin Netanyahu also wants to meet Trump in New York, but no meeting has been scheduled, an Israeli source said. Flashback: Last year, Trump met during the UN General Assembly with leaders from eight Arab and Muslim countries and presented them with his draft Gaza peace plan. - He presented it…
