Ayoola Atitebi

President Donald Trump has renewed his call for Federal Reserve Chair Jerome Powell to resign, escalating tensions over the independence of the US central bank. Trump demanded Powell "resign immediately" on Wednesday following criticism from his administration's top housing regulator. Bill Pulte, director of the Federal Housing Finance Agency, posted on X that Powell should be investigated for "political bias" and "deceptive testimony" regarding renovations at the Federal Reserve headquarters in Washington, DC. Responding to Pulte's comments, Trump posted on Truth Social that "Too Late" – his nickname for Powell – should resign. This criticism follows Trump's letter to Powell demanding the central banker lower the benchmark interest rate, currently set at 4.25 to 4.5 percent, by "a lot." Trump has consistently criticized Powell for not supporting faster rate cuts, arguing that the Fed chair's cautious approach constrains economic growth […]

A federal court has determined that President Donald Trump exceeded his constitutional authority by suspending asylum claims at the US southern border as part of his immigration enforcement measures. US District Judge Randolph Moss ruled Wednesday that Trump's actions risked establishing a "presidentially decreed, alternative immigration system" outside congressional oversight. The 128-page decision challenged the administration's interpretation of executive power over immigration law. Upon taking office for his second term on January 20, Trump issued a proclamation citing the Immigration and Nationality Act (INA) to justify the asylum suspension. The president argued that his authority "necessarily includes the right to deny the physical entry of aliens into the United States and impose restrictions on access to portions of the immigration system." Judge Moss, appointed by former President Barack Obama, rejected this interpretation in his ruling. "Nothing in the INA or […]

The Pentagon has stated that recent U.S. military strikes against Iran have set back the country's nuclear program by one to two years, supporting President Donald Trump's assertions about the operation's effectiveness. Defense Department spokesperson Sean Parnell announced Wednesday that three targeted Iranian nuclear facilities were destroyed during what he called a "bold operation." "We have degraded their programme by one to two years at least," Parnell told reporters. "Intel assessments inside the department assess that." Since B-2 stealth bombers conducted strikes on June 21, Trump has repeatedly defended the attacks against suggestions they failed to significantly damage Iran's nuclear capabilities. The president has maintained that Iran's nuclear program was "obliterated like nobody's ever seen before." However, conflicting assessments have emerged. An initial U.S. intelligence evaluation leaked to media outlets last month suggested the strikes only delayed Iran's nuclear work […]

President Donald Trump announced a trade agreement with Vietnam that will impose a 20 percent tariff on Vietnamese exports, significantly lower than the previously threatened 46 percent levy. The deal, announced Wednesday on Truth Social, establishes a 20 percent tariff on Vietnamese goods and a 40 percent levy on transshipments from third countries through Vietnam. In exchange, Vietnam will accept US products with zero percent tariffs. "It is my Great Honor to announce that I have just made a Trade Deal with the Socialist Republic of Vietnam," Trump said after speaking with Vietnam's leader To Lam. This announcement comes days before Trump's July 9 deadline to resolve negotiations before implementing higher tariffs on most imports. Under his April plan, US importers of Vietnamese goods would have faced a 46 percent tariff. The Vietnamese government confirmed the countries agreed on a […]

The United States Department of Justice has charged two Chinese citizens with espionage and attempting to recruit assets within the country's military. According to Tuesday's statement, Yuance Chen, 38, and Liren "Ryan" Lai, 39, are accused of operating on behalf of China's Ministry of State Security (MSS), the country's foreign intelligence service. The defendants allegedly conducted various "clandestine intelligence taskings," including facilitating payments for national security information, gathering intelligence on Navy installations, and attempting to recruit MSS operatives. Attorney General Pamela Bondi stated that the case "underscores the Chinese government's sustained and aggressive effort to infiltrate our military and undermine our national security from within." An FBI affidavit reveals that Lai was part of an MSS network designed to "travel more easily" between China and the US "to facilitate clandestine operations." Beginning around 2021, he developed Chen, a legal permanent […]

President Donald Trump announced that Israel has agreed to "necessary conditions" for finalizing a 60-day Gaza ceasefire, stating the US would "work with all parties to end the War" during the proposed truce. Writing on Truth Social, Trump said Qatari and Egyptian mediators would deliver the final proposal, warning Hamas: "I hope... that Hamas takes this Deal, because it will not get better — IT WILL ONLY GET WORSE." Trump provided no specific details about the ceasefire terms. Israel has not officially confirmed agreement to any deal conditions. However, a Hamas official told the BBC the group is "ready and serious" to reach an agreement that ends the war. Hamas spokesperson Taher al-Nunu stated they are "prepared to agree to any proposal if the requirements for ending the war are clearly met or if they lead to its complete end." […]

Tech billionaire Elon Musk has intensified his opposition to President Donald Trump's tax cuts and spending legislation while calling for the creation of a new political party. Musk's criticism targets Trump's 940-page "Big, Beautiful Bill," which includes tax breaks alongside significant reductions to healthcare and food programs. The legislation has drawn opposition from Democrats and some Republicans. In early June, Musk, who served as a major Trump campaign donor and former key adviser, labeled the bill a "disgusting abomination," triggering a public dispute with the president. The two appeared to reconcile temporarily, with Trump expressing goodwill toward Musk and the billionaire posting on X that he regretted going "too far." However, as senators prepared to vote on bill amendments Monday, Musk renewed his attacks. He declared that lawmakers who campaigned on spending cuts but supported the bill "should hang their […]