President Donald Trump, aboard Air Force One to the NATO conference, has sought to , and said he鈥檚 not seeking regime change in Tehran.
U.S. intelligence leaders will provide as Congress prepares to debate whether to invoke the War Powers clause restraining Trump. Some Democrats filed to impeach him for striking Iran without congressional approval. Homeland Security meanwhile warns of a heightened risk of a domestic attack.
The Supreme Court, without explanation, is allowing Trump to deport migrants away from home countries. The dissenting liberal justices warned that the court鈥檚 action exposes 鈥 .鈥
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Dutch king welcomes NATO leaders including Donald Trump to pre-summit dinner
Dutch King Willem-Alexander has welcomed NATO leaders to a dinner in his Huis Ten Bosch palace on the eve of a historic summit of the 32-nation alliance.
The monarch singled out Trump, who is staying at the palace after the dinner.
鈥淢r. President, it means so much to us to welcome you in our home tonight. We cherish the bonds of friendship that will always unite our nations,鈥 Willem-Alexander said.
Willem-Alexander mentioned a recent visit he paid to an cemetery in the Netherlands, where all the graves have been 鈥渁dopted鈥 by locals, who tend to them in an enduring expression of gratitude for the fallen troops鈥 role in liberating the Dutch from Nazi occupation
Trump poses for family photo, attends dinner at palace
Trump was (nearly) front and center as NATO leaders took the traditional family photo on the steps of the Dutch royal palace.
Trump was nearly front and center, standing to the right of Dutch King Willem-Alexander. On his other side in the photo was Turkish President Recep Tayyip Erdogan.
Wearing a blue suit and tie, Trump broke out into a wide grin as the family photo was snapped. He and other world leaders then went inside for the dinner, where Trump was seated at a table with Willem-Alexander and Italian Prime Minister Giorgia Meloni.
Bessent says Senate 鈥榦n track鈥 for votes on tax and spending cuts package
Treasury Secretary Scott Bessent met with Republican senators during their weekly luncheon on Tuesday and said afterward the Senate is 鈥渙n track鈥 for votes by the end of the week on 罢谤耻尘辫鈥檚 tax and spending cuts package.
鈥淚 think we are on track for 鈥 hopefully for a vote this Friday for July 4 for the tax bill,鈥 Bessent told reporters.
Trump and Republican Senate leaders have repeatedly said the massive bill must be passed by July 4. But senators are still resolving some outstanding disagreements, including whether to include a higher cap on state and local tax deductions that was included in the House bill.
Most Republican senators oppose that increase.
Bessent said both sides are 鈥渨orking through鈥 that issue and will have a solution 鈥渋n the next 24-48 hours.鈥 He said he believes that the House will quickly pass any bill passed by the Senate, despite some outstanding differences.
鈥淚 am confident that what the Senate passes over to the House will move through the House very quickly,鈥 Bessent said.
House votes to set aside Trump impeachment over Iran strikes
The U.S. House voted overwhelmingly to table the Trump impeachment effort, for now.
A lone Democrat, Rep. Al Green of Texas, forced the sudden vote arguing Trump abused his power without authorization from Congress for the military action. It quickly divided his party.
Most Democrats joined Republicans to shelve the matter, but dozens voted with Green. The tally was 344-79.
Rep. Alexandria Ocasio Cortez tells Trump to take his anger out on someone else
The New York Democrat responded to the president鈥檚 earlier social media post in which he dared her to pursue his impeachment.
She had said over the weekend that Trump should be removed from office for bombing Iran without approval from Congress.
鈥淭rump should take it out on whoever convinced him to betray the American people and our Constitution by illegally bombing Iran and dragging us into war,鈥 she wrote in a fundraising appeal. 鈥淚t only took him 5 months to break almost every promise he made.鈥
Ocasio Cortez also responded to 罢谤耻尘辫鈥檚 saying they鈥檙e both from Queens. He was born there. She was born in the Bronx but represents a Queens congressional district.
鈥淚鈥檓 a Bronx girl. Trump should know that we can eat Queens boys for breakfast,鈥 she said.
Trump arrives in Amsterdam on his way to the NATO summit
Air Force One landed just after 7 p.m. local time.
Trump has just a few appearances scheduled for the rest of the evening, including a courtesy call at The Hague with Dutch King Willem-Alexander and his wife.
Trump is also scheduled to attend a dinner for leaders of NATO鈥檚 32 member countries.
He was overnighting at Huis Ten Bosch, the king鈥檚 residence nestled in a forest on the edge of The Hague.
Trump calls CNN and MSN小蓝视频 鈥榮cum鈥 and says they should apologize to pilots that bombed Iran
Trump sounded especially peeved over reporting that cast doubt on his claim that the U.S. military strikes had 鈥渃ompletely and totally obliterated鈥 Iran鈥檚 key nuclear enrichment facilities.
Damage assessments are still underway.
Trump said the B-2 bomber pilots that dropped powerful explosives on the nuclear sites 鈥渟hould be given credit鈥 for doing 鈥渁n unbelievable job鈥 and that both cable news networks 鈥渙ught to apologize鈥 to them.
Trump has harbored disdain for these two networks and some of their correspondents for a long time over their tough reporting on him and his administrations.
He said both are 鈥渟cum.鈥
鈥淭hese networks, these cable networks are real losers,鈥 Trump said at the White House.
Rutte plays down Trump airing message from the NATO secretary general
If NATO chief Mark Rutte was upset that Donald Trump publicized a message he sent to the U.S. President, he wasn鈥檛 showing it Tuesday.
鈥淚 have absolutely no trouble or problem with that because there鈥檚 nothing in it which had to stay secret,鈥 the unflappable Rutte told reporters Tuesday.
Rutte was speaking hours after Trump, while flying to a NATO summit in Rutte鈥檚 hometown of The Hague, published a screenshot of a private message from Rutte that said: 鈥淒onald, you have driven us to a really, really important moment for America and Europe and the world. You will achieve something NO American president in decades could get done.鈥
鈥淓urope is going to pay in a BIG way, as they should, and it will be your win,鈥 Rutte wrote.
Rutte wants NATO leaders to endorse a huge spending hike for the 32-nation alliance at their meeting tomorrow.
Trump telegraphs potentially tough discussions with NATO allies over defense spending
Trump shared on his social media site a chart showing how much each of NATO鈥檚 32 member countries spends 鈥 in dollars and as a percentage of GDP 鈥 on defense.
The U.S. is approaching the $1 trillion mark and had spent around 3.2% of its gross domestic product in 2024, according to recent NATO estimates.
鈥淭his is incredible!鈥 Trump posted. 鈥淲ill be discussing it soon with the Members of NATO.鈥
Trump wants every country to increase defense spending to 5% of GDP. But Spain says it won鈥檛 get there, and Slovakia says it reserves the right to decide for itself.
Trump last week went as far as to argue that the U.S. should not have to abide by the 5% spending pledge, although he appeared to soften those comments on Tuesday.
Schumer blasts postponement of classified briefing on Iran
Senate Democratic Leader Chuck Schumer is voicing anger with the Trump administration鈥檚 postponement of a classified briefing Tuesday for senators on the U.S.鈥檚 military strike in Iran, calling the delay 鈥渙utrageous鈥 and 鈥渆vasive.鈥
鈥淪enators deserve full transparency. There is a legal obligation for the administration to inform Congress about precisely what is happening,鈥 Schumer said. 鈥淲hat are they afraid of? Why won鈥檛 they engage Congress in the critical details?鈥
The Senate briefing has been rescheduled for Thursday so Defense Secretary and Secretary of State can attend, but Schumer said their appearance should be in addition to Tuesday鈥檚 schedule briefing, not as a replacement. He said he didn鈥檛 believe they would be informing senators of much compared to the witnesses for the previously scheduled briefing.
鈥淚 think Hegseth is probably just going to give us talking points,鈥 Schumer said, adding that he preferred to hear from Joint Chiefs of Staff chairman Dan Caine, who was scheduled to brief lawmakers.
鈥淗e probably knows more about the military operations both now and in the future than anybody,鈥 Schumer said. 鈥淭here were good people from the State Department who knew all of the diplomatic stuff. We want to hear them.鈥
Trump administration postpones classified briefings for lawmakers on Iran
The Trump administration on Tuesday postponed classified briefings for Senate and House members as lawmakers are looking for more answers about 罢谤耻尘辫鈥檚 directed strikes on nuclear facilities over the weekend and his announcement on Monday that the two countries had reached a .
Both briefings were canceled and the Senate briefing has been rescheduled for Thursday so Defense Secretary and Secretary of State can attend, according to multiple sources who requested anonymity ahead of an official announcement. It is unclear when the House will be briefed.
Mike Johnson, defending Trump, suggests War Powers Act is 鈥榰nconstitutional鈥
Speaker Mike Johnson said that the 鈥渟trikes on Iran鈥檚 nuclear facilities were clearly鈥 within President 罢谤耻尘辫鈥檚 powers and questioned the constitutionality of the itself.
鈥淭he framers of our Constitution never intended for the president to seek the approval of Congress every time he exercised his constitutional authority鈥 as commander in chief, Johnson said. 鈥淚鈥檓 not even sure it鈥檚 constitutional,鈥 Johnson said of the War Powers Act.
Johnson, a constitutional lawyer, said that 鈥渢he framers did not explicitly set restrictions on the president when it comes to using military force.鈥 Still, Johnson said Trump followed the requirements of the War Powers Resolution, a law enacted in 1973.
鈥淭he bottom line is the commander in chief is the president, the military reports to the president, and the person empowered to act on the nation鈥檚 behalf is the president,鈥 Johnson said.
Mike Johnson says Thomas Massie should 鈥榗ome to his senses鈥
The House speaker said a question about whether he would defend the Republican congressman from Kentucky against a potential primary challenge was the 鈥渉ardest one鈥 of his weekly news conference this morning.
鈥淭he speaker leads the incumbent protection program,鈥 he said, calling Massie a friend. 鈥淏ut I certainly understand the president鈥檚 frustration.鈥
罢谤耻尘辫鈥檚 allies have launched a super PAC seeking to unseat Massie, who supported a resolution that would require congressional authorization for any attacks on Iran.
But Johnson said that Massie told him on the House floor Monday that he would back down as long as the ceasefire holds.
鈥淚 want him to come to his senses and work with the team,鈥 Johnson said.
Whistleblower claims Justice official suggested ignoring court orders
The government lawyer who was fired after conceding that a Salvadoran man was deported by mistake has filed a whistleblower complaint.
Erez Reuveni is accusing of suggesting the Trump administration might have to ignore court orders as it prepared to it accused of being gang members.
The complaint seeking an investigation was made public Tuesday, just as Bove prepares to face lawmakers Wednesday for his confirmation hearing to become a federal appeals court judge. It was first reported by The New York Times.
Reuveni was fired after conceding to a federal judge that Kilmar Abrego Garcia should not have been deported to El Salvador.
The whistleblower filing says Bove raised the possibility that judges might block deportations before they could be carried out, and told department officials they would need to consider telling the courts 鈥渇鈥 you,鈥 and to 鈥渋gnore any such order.鈥
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Iran still faces 鈥榯actical capability鈥 to threaten US, military official says
A top U.S. military official says Iran still possesses 鈥渟ignificant tactical capability鈥 despite an American strike over the weekend on three of the country鈥檚 nuclear sites.
Vice Admiral Brad Cooper told lawmakers Tuesday that that capability was demonstrated by Iran鈥檚 limited retaliatory missile strike on a U.S. military base in Qatar.
In response to a question about whether Iran still poses a threat to U.S. troops and Americans around the world, he replied, 鈥淭hey do.鈥
Cooper is currently the deputy commander of the U.S. Central Command. He made the remarks at a Senate Armed Services Committee hearing as the panel considers his nomination for the position of commander of Central Command.
Trump says it was 鈥榤y great honor鈥 to destroy Iran鈥檚 nuclear facilities
But the extent of the damage hasn鈥檛 been fully determined, despite 罢谤耻尘辫鈥檚 claim that Iran鈥檚 key nuclear enrichment facilities have been 鈥渃ompletely and totally obliterated.鈥
In a fresh social media post, Trump said Israel and Iran wanted to stop the war equally. A ceasefire is in effect after 12 days of hostilities between the enemy countries.
鈥淚t was my great honor to Destroy All Nuclear facilities & capability, and then, STOP THE WAR!鈥 Trump posted.
Military leaders said at the Pentagon on Sunday that the U.S. bombardment inflicted 鈥渟evere鈥 damage to Iran鈥檚 nuclear sites, but officials were still conducting a damage assessment. Almost 400 kilograms, or 880 pounds, of uranium the Iranians had enriched to 60% are publicly unaccounted for.
Trump urges no vacation for Congress until lawmakers finish his 鈥榖ig beautiful鈥 bill
The Republican-controlled House and Senate are scheduled to be on recess next week for the Fourth of July holiday, but that could change as GOP leaders signal their determination to send Trump the bill by his Independence Day deadline.
The Senate is currently working on the tax and spending cuts measure after the House passed it near the end of May.
Trump offered senators some unsolicited advice in another social media post sent during his flight to Europe.
鈥淭o my friends in the Senate, lock yourself in a room if you must, don鈥檛 go home, and GET THE DEAL DONE THIS WEEK. Work with the House so they can pick it up, and pass it, IMMEDIATELY,鈥 Trump said. 鈥淣O ONE GOES ON VACATION UNTIL IT鈥橲 DONE.鈥
House Speaker Mike Johnson said Tuesday he told his members to keep their schedules flexible.
Anti-NATO protesters chant slogans, sing karaoke near summit
Outside hundreds of people have turned out to protest at the NATO summit site in The Hague.
鈥淭hey call it the defense industry, we call it the murder industry,鈥 Azra Sayeed of the International League of Peoples鈥 Struggle, which describes itself as an anti-imperialist organization, told The Associated Press.
The 65-year-old traveled from her native Pakistan to join various demonstrations opposed to NATO. Tuesday鈥檚 event, held around 2 miles away from where the leaders are meeting, included anti-imperialist karaoke and a clothing upcycling workshop.
A handful of environmental activists from Extinction Rebellion tried Monday to blockade the highway that delegations would use to reach The Hague from Amsterdam鈥檚 airport, but were thwarted by police. hundreds of people protested NATO and the war in Gaza, and Iranians held up banners saying 鈥淣o Iran War.鈥
Trump to have a sleepover fit for a king
was expected to stay at a swanky hotel while visiting The Hague for a summit of the 32 leaders of on Wednesday. Now he鈥檚 gotten a significant upgrade.
On arrival Tuesday night, he鈥檒l be whisked by motorcade along closed-off highways to the Huis Ten Bosch palace, nestled in a forest, for a dinner with alliance leaders hosted by Dutch King Willem-Alexander.
A Dutch government information service spokeswoman, Anna Sophia Posthumus, tells The Associated Press that the president will be sleeping at the 17th-century palace that is home to Willem-Alexander, his Argentine-born wife Queen Maxima and their three daughters, though the princesses have mostly flown the royal nest to pursue studies.
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Trump dares Rep. Alexandria Ocasio Cortez to 鈥楳AKE MY DAY鈥 with impeachment call
罢谤耻尘辫鈥檚 challenge came in a lengthy and invective-filled response to her call for him to be impeached for striking Iran without approval from Congress.
The Republican president called the Democratic politician from New York 鈥渟tupid鈥 and attributed her 鈥渞antings鈥 to 鈥渁ll of the Victories that the U.S.A. has had under the Trump administration.鈥
鈥淭he Democrats aren鈥檛 used to WINNING, and she can鈥檛 stand the concept of our Country being successful again,鈥 Trump wrote.
Trump alluded to his two impeachments by Democrats who ran the House during his first term and dared Ocasio Cortez and her 鈥淒emocrat friends鈥 to 鈥済o ahead and try Impeaching me, again, MAKE MY DAY!鈥 Now in GOP control, the House is certain to reject any impeachment votes.
Powell says tariffs likely to push up inflation, slow economy
The Federal Reserve chairman said 罢谤耻尘辫鈥檚 sweeping tariffs may still push up prices and slow growth later this year, even though so far the duties haven鈥檛 worsened inflation.
Powell is testifying before the House Financial Services Committee after coming under sharp criticism from Trump for not cutting the Fed鈥檚 key interest rate. Powell said the Fed will take time to evaluate the economy鈥檚 evolution before deciding whether to reduce borrowing costs.
Powell said 鈥 this year are likely to push up prices and weigh on economic activity.鈥 He said the bump to inflation from tariffs could be temporary, or it could lead to a more persistent bout of inflation.
The Fed鈥檚 鈥渙bligation,鈥 Powell said, is 鈥渢o prevent a one-time increase in the price level from becoming an ongoing inflation problem.鈥
New media proves lucrative for established figures fleeing 鈥榤ainstream鈥
A new world of podcasts, newsletters and websites has expanded, providing a lifeline to legacy media refugees striking out on their own.
Megyn Kelly, Jennifer Rubin, Bari Weiss and Mehdi Hasan are among the barons of this new world, with sites like the Contrarian and Zeteo, fueled by the explosive growth of YouTube and Substack in providing a landing place for new ideas.
Substack says it has 5 million paying subscribers, 50,000 of its publishers make money, and more than 50 are earning more than $1 million annually.
Terry Moran headed almost immediately to Substack after he was on June 10 for an anti-Trump tweet. Former N小蓝视频鈥檚 鈥淭oday鈥 show hosts Katie Couric and Hoda Kotb announced new media ventures on the same day last month.
Couric says she鈥檚 seen 鈥渢his whole space explode with people who are understanding that this is a really important way to convey information.鈥
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Americans鈥 view of the economy resumes its slide
Americans鈥 view of the U.S. economy worsened in June, resuming a downward slide that had dragged consumer confidence to its lowest level since the COVID-19 pandemic five years ago.
The Conference Board said Tuesday that its consumer confidence index slid to 93 in June, down 5.4 points from 98.4 last month, which represented a brief uptick. In April, American consumers鈥 confidence in the economy sank to its lowest reading since May 2020, largely due to anxiety over the .
A measure of Americans鈥 short-term expectations for their income, business conditions and the job market fell 4.6 points to 69. That鈥檚 well below 80, the marker that can signal a recession ahead.
Consumers鈥 assessments of the present economic situation declined by 6.4 points to 129.1.
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Trump posts private message from NATO Secretary-General
The U.S. president, while flying aboard Air Force One en route to the Netherlands, published a screenshot of a text from Mark Rutte praising him on his decision to strike three Iranian nuclear sites.
鈥淐ongratulations and thank you for your decisive action in Iran,鈥 Rutte wrote in the message, which appeared to be on the secure messaging platform Signal. 鈥淭hat was truly extraordinary, and something no one else dared to do. It makes us safer.鈥
Rutte also wrote to Trump that he was 鈥渇lying into another big success in The Hague this evening,鈥 noting that other countries had signed onto the new pledge for NATO member countries to spend 5% of their gross domestic product on defense.
NATO confirmed that the post was a message that Rutte had sent to Trump earlier Tuesday.
US Rep. Al Green seeks to impeach Trump over Iran strikes
The Democrat from Texas introduced a single article of impeachment asserting that Trump has abused his power as president and 鈥渂ecome a threat to democracy鈥 by starting the 鈥渋llegal and unconstitutional war鈥 without authorization from Congress, in violation of the constitution鈥檚 War Powers clause.
Green, who has filed previous impeachment articles against Trump claiming high crimes and misdemeanors, said in a statement that 罢谤耻尘辫鈥檚 鈥渁uthoritarian actions are a warning sign we cannot ignore鈥 we must uphold and protect our Constitution from being dismantled by an authoritarian president who seeks unchecked power.鈥
Major crypto players and their ties to Trump
President took office in January pledging to 鈥渕ake America the crypto capital of the world.鈥 He has since harnessed wide swaths of the federal government to bolster the industry 鈥 all while raking in .
By , crypto ventures now account for nearly 40% of the Trump Organization鈥檚 $2.9 billion net worth. But the Republican president鈥檚 championing of the industry has been just as big a boon for many of the industry鈥檚 top names.
Many have seen their profits and political standing soar, while investigations of potential wrongdoing and other legal entanglements led by the administration of 罢谤耻尘辫鈥檚 predecessor, Democratic President , have largely fallen away.
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Homeland Security warns of 鈥榟eightened threat environment鈥
The followed the The deputy FBI director says the bureau鈥檚 鈥渁ssets are fully engaged鈥 to prevent retaliatory violence, while local law enforcement agencies in major cities like New York say they鈥檙e on high alert.
No credible threats to the homeland have surfaced publicly in the days since the stealth American attack. It鈥檚 also unclear what bearing the tentative might have on potential threats, or how lasting such an arrangement might be.
But the potential for reprisal is no idle concern given the steps Iran is accused of having taken in recent years to target political figures on U.S. soil. Iranian-backed hackers have also launched cyberattacks against U.S. targets in recent years.
The DHS warns of an increased likelihood that a 鈥渟upporter of the Iranian regime is inspired to commit an act of violence in the Homeland.
Truckers fear job loss as new English language rules take effect
Brushing up on English has taken on in the United States. Trump saying truckers who don鈥檛 read and speak the language proficiently would be considered unfit for service.
Federal guidelines for applying the order are going into effect. They call for enhanced roadside inspections to decide if truckers can reply to questions and directions in English, as well as understand highway traffic signs and message boards. Some truckers worry they may lose their jobs if they make a mistake or speak with a heavy accent.
鈥淎 driver who can鈥檛 understand English will not drive a commercial vehicle in this country. Period,鈥 said last month while announcing enforcement guidelines that take effect on Wednesday.
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Trump says he thinks he鈥檒l see Volodymyr Zelenskyy during NATO summit
Ukraine鈥檚 President Volodymyr Zelenskyy's bid to join the 32-nation alliance has been put in deep freeze by Trump. In a telling sign of Ukraine鈥檚 status at the two-day summit, neither leader mentioned NATO by name during brief remarks to reporters Tuesday.
Zelenskyy and 罢谤耻尘辫鈥檚 relationship has been strained since a very public earlier this year. But they both are expected to attend a dinner hosted by Dutch King Willem-Alexander Tuesday evening for leaders attending the summit.
Trump and the Ukrainian President were scheduled to meet on the margins of last week鈥檚 Group of Seven summit in Canada 鈥 but it didn鈥檛 happen because Trump left Canada a day ahead of schedule to return to Washington because of the Iran crisis.
鈥淵eah, probably I鈥檒l see him,鈥 Trump said aboard Air Force One when he was asked about the possibility of seeing Zelenskyy during the NATO summit at The Hague.
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Trump dodges question on NATO mutual defense pledge
Trump did not answer directly when asked Tuesday whether he would abide by Article 5 of the NATO treaty, which outlines the alliance鈥檚 mutual defense guarantees.
鈥淒epends on your definition,鈥 he told reporters traveling on Air Force One en route to The Netherlands. 鈥淭here鈥檚 numerous definitions of Article Five, you know that, right? But I鈥檓 committed to being their friends.鈥
Asked later to clarify, Trump said he is 鈥渃ommitted to life and safety鈥 but did not clarify further, saying he did not want to go into further details in the back of an airplane.
Democratic leader: Thousands of American lives could be at risk
The classified intelligence briefings could turn contentious as on what led to the strikes and amid escalating tensions between the White House and Congress over the role of the United States internationally 鈥 disagreements that don鈥檛 always fall along party lines.
鈥淲e expect them to explain to the American people what were the results in terms of actually thwarting Iran鈥檚 capacity to become a nuclear power and what are the Trump administration鈥檚 plans to avoid another potentially disastrous war in the Middle East, where thousands of American lives are potentially at risk,鈥 said House Democratic Leader Hakeem Jeffries.
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Intelligence leaders are set to brief Congress on 罢谤耻尘辫鈥檚 Iran strikes
Members of Congress will get classified briefings directly from intelligence leaders three days after Trump directed strikes on Iranian nuclear facilities and a day after Iran struck a U.S. base in Qatar.
Separate House and Senate briefings will be led by CIA Director John Ratcliffe and Director of National Intelligence Tulsi Gabbard, along with Gen. Dan Caine, chairman of the Joint Chiefs of Staff, and deputy secretaries of state Christopher Landau and Steve Feinberg.
Democrats and some Republicans about the unilateral decision to launch military action, arguing that the president should have gone to Congress for approval 鈥 or at least provided more justification for the attacks.
World shares rally on 罢谤耻尘辫鈥檚 ceasefire announcement
Stocks rallied and oil prices fell Tuesday after U.S. President Donald Trump in the Israel-Iran war.
The tentative truce proposed by Trump remained uncertain after Israel said Iran had launched missiles into its airspace less than three hours after the ceasefire went into effect. It vowed to retaliate.
Still, investors took heart after Trump said Israel and Iran had agreed to a 鈥渃omplete and total ceasefire鈥 soon after Iran launched Monday on a U.S. military base in Qatar, retaliating for the American bombing of its nuclear sites over the weekend.
鈥淭he Middle East may still be smoldering, but as far as markets are concerned, the fire alarm has been shut off,鈥 Stephen Innes of SPI Asset Management said in a commentary.
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Federal Reserve Chair to face Congress as key interest rate stands
Jerome Powell said Tuesday that the Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, a stance with President Donald 罢谤耻尘辫鈥檚 calls for immediate cuts.
鈥淔or the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance,鈥 Powell said in prepared remarks he will deliver early Tuesday before the House Financial Services Committee.
Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs. Trump lashed out early Tuesday, posting: 鈥淚 hope Congress really works this very dumb, hardheaded person, over. We will be paying for his incompetence for many years to come.鈥
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NATO leaders are expected to endorse a new defense spending pledge
Trump heads to a two-day NATO summit in Europe laden with uncertainty. Iran鈥檚 response to U.S. air strikes, the fate of Russia鈥檚 invasion of Ukraine and the future of U.S. troops based in NATO countries are all up in the air.
first appearance at NATO since returning to the White House was supposed to center on how the U.S. secured a historic from each nation in the defensive alliance 鈥 with some exceptions.
鈥淣ATO has no opt-out, and NATO does no side deals,鈥 NATO Secretary-General Mark Rutte told reporters in The Hague. 鈥淚t is critical that each ally carries their fair share of the burden.鈥
However, Spain said that it has with NATO to be excluded from the , while President said the figure shouldn鈥檛 apply to the United States, only its allies.
But the spotlight is now on 罢谤耻尘辫鈥檚 attempts to broker a . The sharp U-turn in hostilities just hours before he departed for the summit is sure to dominate the discussions in The Hague, Netherlands.
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Justices allow Trump to restart swift deportation of migrants away from home countries
A divided Supreme Court has allowed the Trump administration to restart swift removals of migrants to countries other than their homelands, as Trump continues his sweeping immigration crackdown that has , and various .
The majority's action, issued without explanation, lifts for now a court order requiring they get a chance to challenge the deportations. U.S. District Judge Brian Murphy in Boston had found the administration had violated his order by sending eight people to South Sudan in May.
The migrants had been convicted of serious crimes in the U.S. and immigration officials have said they were unable to return them quickly to their home countries. Authorities instead landed the plane at a U.S. naval base in Djibouti.
All three liberal justices dissented, with Justice Sonia Sotomayor writing that the court鈥檚 action exposes 鈥 .鈥
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Trump will soon face a congressional vote over his military powers
While the president has authority as the commander in chief of the U.S. armed forces to order specific military actions, any prolonged war-time footing would traditionally need authorization from Congress.
The House and Senate authorized actions in Iraq, Afghanistan and beyond after the Sept. 11, 2001, attack.
Trump faces a vote in Congress as soon as this week on a war powers resolution from that would 鈥渄irect the removal of United States Armed Forces from hostilities against the Islamic Republic of Iran that have not been authorized by Congress.鈥
Another resolution has been introduced by lawmakers from both parties in the U.S. House.
At least one Democrat, Rep. Alexandria Ocasio Cortez, said 罢谤耻尘辫鈥檚 actions are 鈥渃learly grounds for impeachment.鈥
The Associated Press