Who Won and Lost in Trump's Tax Bill
The House is on track to pass the bill Thursday with Republican votes just a day ahead of Trump's self-imposed July 4 deadline.
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Newsweek
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- Newsweek
Trump's EU Allies Send Him New Ukraine Plea Ahead of Putin Summit
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. European Union (EU) leaders issued a fresh joint appeal to U.S. President Donald Trump on Ukraine, imploring him ahead of his crunch summit with Russian President Vladimir Putin in Alaska on Friday, August 15. Kyiv and its European allies fear Trump will consent to the concession of Ukrainian territory Moscow has seized during its invasion, which they say will reward Russia for its unlawful aggression and signal that it could take similar action elsewhere. Twenty-six EU leaders—Hungary being the only member state that did not want to co-sign—said in the statement Tuesday that they welcomed Trump's efforts to end Russia's invasion and seek "a just and lasting peace and security for Ukraine". But they warned: "A just and lasting peace that brings stability and security must respect international law, including the principles of independence, sovereignty, territorial integrity and that international borders must not be changed by force. "The people of Ukraine must have the freedom to decide their future. The path to peace in Ukraine cannot be decided without Ukraine. Meaningful negotiations can only take place in the context of a ceasefire or reduction of hostilities. "Russia's war of aggression against Ukraine has wider implications for European and international security. We share the conviction that a diplomatic solution must protect Ukraine's and Europe's vital security interests." This is a developing article. Updates to follow.
UPI
a few seconds ago
- UPI
Abbott threatens to remove 10 Democratic districts from Texas
Texas Governor Greg Abbott said Monday that he will eliminate 10 Democratic districts from his state if California makes good on its threat to remove five. File Photo by Francis Chung/UPI | License Photo Aug. 12 (UPI) -- Gov. Greg Abbott has threatened to remove 10 Democratic districts from Texas if California makes good on its threat to remove five Republican districts from its maps, the latest salvo in the deepening fight between the two states over the Lone Star State's redistricting efforts. "If California tries to gerrymander five more districts; listen, Texas has the ability to eliminate 10 Democrats in our state," the Republican governor told CNN's Jake Tapper in an interview Monday. "We can play that game more than they can, because they have fewer Republican districts in their state." The threat comes as Texas state Democrats have fled their home state to Democratic strongholds such as Illinois and other states to prevent Republicans from passing controversial redistricting maps that give the GOP five more seats in the U.S. House of Representatives. Critics have accused Abbott and Texas Republicans of conducting a power grab, seeking to redraw districts now as opposed to at the end of the decade, when it is traditionally done, in order to try to give President Donald Trump and the Republican Party an additional five seats in the House ahead of next year's midterms. Texas Democrats fled the state earlier this month in opposition, denying their Republican colleagues a quorum, meaning the minimum number of lawmakers necessary to pass legislation. The GOP's redistricting efforts in Texas have angered Democrats throughout the country, with Gov. Gavin Newsom responding that he will redraw California's maps to produce five more Democratic seats in the House to neutralize Abbott's move. Texas has 25 Republicans and 12 Democrats in the House of Representatives. California has nine GOP legislators and 43 Democrats.
Bloomberg
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- Bloomberg
Bullish Treasuries Drivers are History: 3-Minute MLIV
Guy Johnson, Kriti Gupta, Valerie Tytel and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
