Live updates: Trump to hold morning news conference on plans to address D.C. crime
Rep. Lloyd Doggett (D-Texas) was the first Democrat in Congress to call on President Joe Biden to step down from the 2024 presidential race. It opened the door for other Democratic lawmakers to urge the president to pass the torch to a younger generation.
The 78-year-old Austinite now faces calls from some Democrats to do the same.
The FBI has begun dispatching agents in overnight shifts to help local law enforcement prevent carjackings and violent crime in Washington, according to two people familiar with the matter, as President Donald Trump threatens a federal takeover of the nation's capital and considers calling up the National Guard.
Vice President JD Vance said Sunday that it would be up to President Donald Trump to bring Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky together to broker a peace deal to end the war in Ukraine.
The fight over Texas's congressional map 'could literally last years,' Texas Gov. Greg Abbott (R) said Sunday, while defending his call to arrest Texas Democrats who fled the state to stall the GOP's redistricting efforts.
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Tariffs bring in record $27.7 billion in July as Trump calls haul 'incredible for our country'
President Trump's tariffs poured billions into US coffers in July as he continued to reshape the US trade landscape, putting the revenue supplied by importers at another monthly record. New data from the Treasury Department released Tuesday afternoon confirmed that June marked another record month on the revenue front, with some $27.7 billion in customs duties coming into US coffers. This was another step up from June's total of $26.6 billion and May's total of $22.2 billion. It represents a significant jump from around $8 billion in customs duties one year ago and brings the total for the fiscal year to around $135.7 billion. The government's fiscal year ends Sept. 30. Read more: The latest news and updates on Trump's tariffs The latest data is a continuation of the revenue spikes seen during Trump's second term in office, which are dwarfing counts from recent history, as well as the amounts collected during Trump's first term. Trump has frequently touted the new revenue source, writing in a post on Truth Social on Tuesday that it "has been incredible for our Country, its Stock Market, its General Wealth, and just about everything else." In that same post, Trump also attacked Goldman Sachs (GS) over its research and forecasts on tariffs and claimed tariff-related revenues were actually in the "trillions." The data also confirmed, however, that tariffs still don't make up a major piece of US government receipts, even in months like July, which the Treasury Department noted is generally softer on revenue "since there are usually no major corporate or individual tax due dates in this month." This latest Treasury monthly statement showed that total government receipts for the month topped $338 billion, meaning tariff-related revenues accounted for less than 10% of the total. Tariff revenue also hasn't helped make a dent in the overall US budget deficit, which grew around $291 billion last month. The gap for the 10 months through July came in around $1.63 trillion. And then there's the question of who ultimately pays the tariffs that supply that revenue to the US government. Contrary to Trump's claims, economists agree that the countries on which Trump has slapped tariffs do not ultimately foot the bill. Read more: What Trump's tariffs mean for the economy and your wallet In research this week, Goldman Sachs estimated that as of June, US businesses have borne the brunt of tariff price hikes — 64%, according to economists led by Jan Hatzius. Consumers' share of tariff hikes was only 22% through that time period. That mix could soon flip, the analysts noted. By October, US businesses could largely pass on those costs to consumers. Goldman Sachs estimates that consumers could foot around 67% of tariff costs by October, compared to just 8% for US businesses. Foreign exporters' share would sit around 25%, Goldman Sachs said. Still, tariff revenue numbers are likely to continue climbing in the coming months as Trump's tariffs take full effect. Measures that went into effect last week raised tariff rates on goods from dozens of partners, including the European Union, Japan, and South Korea. Another significant trade partner, India, is facing levies of 50% in the coming weeks. The latest complete tally, according to recent calculations from the Yale Budget Lab, shows that the US overall average effective tariff rate will jump to 18.6%, the highest level since 1933.
Yahoo
7 minutes ago
- Yahoo
Fred Kerley to contest provisional suspension for whereabouts failures
Two-time Olympic 100m medalist Fred Kerley plans to contest a provisional suspension for whereabouts failures, or missing drug tests. The Athletics Integrity Unit (AIU), which handles anti-doping for track and field, announced Tuesday that it provisionally suspended Kerley. Athletes can be provisionally suspended before a hearing to determine the final decision in their case. A suspension for whereabouts failures, a term that includes missed drug tests, typically ranges from one to two years depending on degree of fault. Suspensions can be backdated to the date of the last missed test. Olympic-level athletes are required to provide and be present at daily locations for drug testers to find them for no-notice testing. A press release from lawyer Howard Jacobs' office was posted on Kerley's social media less than a half-hour after the provisional ban was announced. "Kerley has already notified the AIU that he intends to contest the allegation that he has violated the anti-doping rules related to whereabouts failures, as he strongly believes that one of (sic) more of his alleged missed tests should be set aside either because he was not negligent or because the Doping Control Officer did not do what was reasonable under the circumstances to locate him at his designated location," it read. "Fred will not comment further at this time out of respect for the process, and he looks forward to presenting his case to the appointed hearing panel." Kerley missed the Toyota USA Track and Field Outdoor Championships earlier this month, saying at the time that '2025 has presented many hurdles. Taking some time out to get back on track." Missing nationals meant that Kerley could not attempt to qualify for September's World Championships. Kerley, 30, won Olympic 100m silver in Tokyo and bronze in Paris. In between, he won the world 100m title in 2022, running 9.77 and 9.76 seconds in the semifinals and final. It took three years until another sprinter ran faster -- Jamaican Kishane Thompson's 9.75 in June, the world's best time in a decade.
Yahoo
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Oklahoma QB John Mateer breaks silence on gambling accusations
Oklahoma QB John Mateer breaks silence on gambling accusations originally appeared on The Sporting News Oklahoma quarterback John Mateer is facing scrutiny after screenshots of alleged old Venmo transactions surfaced on social media on Monday. The images sparked allegations of sports gambling and became widely circulated, indicating Mateer made two payments in November 2022 during his freshman season at Washington State. The memo lines for the transaction read 'sports gambling' and 'sports gambling (UCLA vs USC).' Under NCAA rules, athletes are prohibited from wagering on any NCAA-sponsored sport, whether they participate in it or not. Any violations can carry significant penalties, including loss of eligibility. The screenshots are reportedly tied to payments sent to then-teammate Richard Roaten and have since prompted speculation about Mateer's involvement. Mateer addressed the matter on social media, firmly denying that he has ever bet on sports. 'The allegations that I once participated in sports gambling are false,' Mateer wrote on X. 'My previous Venmo descriptions did not accurately portray the transactions in question but were instead inside jokes between me and my friends. I have never bet on sports.' Mateer acknowledged that the language used in the payment notes could be misleading, but denied that they were evidence of wrongdoing. His Venmo activity has since been removed or made private. According to ESPN's Pete Thamel, Oklahoma officials are aware of the allegations and are investigating the matter. Mateer, who was ranked as 247Sports' No. 1 transfer portal prospect, transferred from Washington State to Oklahoma this offseason, following offensive coordinator Ben Arbuckle to Norman. Mateer posted a standout season, completing 64.6 percent of his passes for 3,139 yards, 29 touchdowns and seven interceptions, while adding 826 rushing yards and 15 rushing scores. The controversy comes just weeks before No. 18 Oklahoma opens its season Aug. 30 against Illinois State. Coach Brent Venables is under pressure after a 6-7 record in 2024 and was counting on Mateer to deliver stability at quarterback as the Sooners enter their second SEC season. Whether the NCAA chooses to investigate could determine if Mateer takes the field in the opener or faces a far more complicated start to his Oklahoma career. MORE COLLEGE FOOTBALL NEWS: Meet the best LB in college football heading into 2025 Sporting News 2025 college football Preseason All-America team Oregon suspends former five-star wide receiver recruit from Ducks roster Alabama has a QB, but that could be their downfall in 2025 Tom Brady sees Bill Belichick-led Tar Heels as NFL funnel
