logo
Trump administration live updates: House passes sweeping GOP agenda bill;

Trump administration live updates: House passes sweeping GOP agenda bill;

NBC News22-05-2025

What to know today
The House passed a massive legislative package this morning to advance Donald Trump's agenda, a major victory for the president and House leadership. The budget bill would extend the expiring tax cut enacted during Trump's first term and increase military and immigration enforcement spending.
The domestic policy package also would slash Medicaid and increase the cap on the federal deduction for state and local taxes, provisions sought by the conservative House Freedom Caucus and blue-state Republicans, respectively.
Two Israel embassy staff were shot and killed in Washington, D.C., last night night. The suspect shouted 'Free, free Palestine' while in custody, according to police.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Most Gulf markets in red on US tariff uncertainty
Most Gulf markets in red on US tariff uncertainty

Reuters

timean hour ago

  • Reuters

Most Gulf markets in red on US tariff uncertainty

June 1 (Reuters) - Most stock markets in the Gulf ended lower on Sunday as U.S. President Donald Trump's comments accusing China of breaking a bilateral trade deal added to uncertainty over tariffs. Trump has also announced plans to double worldwide steel and aluminium tariffs to 50%. Later said he would speak to his Chinese counterpart to "hopefully" work out differences. A federal appeals court last week temporarily reinstated the most sweeping of Trump's tariffs, a day after a U.S. trade court ruled that Trump had exceeded his authority in imposing the duties and ordered an immediate block on them. Saudi Arabia's benchmark index (.TASI), opens new tab dropped 1.5%, weighed down by a 2.2% slide in Al Rajhi Bank ( opens new tab and a 0.9% decrease in Saudi National Bank ( opens new tab. Elsewhere, oil company Saudi Aramco ( opens new tab eased 0.7%. Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling the state oil group may soon tap the debt markets again after it raised $5 billion from a three-part bond sale this week. In Qatar, the index (.QSI), opens new tab gained 0.4%, ending a five-session losing streak, helped by a 1.1% rise in the Gulf's biggest lender Qatar National Bank ( opens new tab. Outside the Gulf, Egypt's blue-chip index (.EGX30), opens new tab dropped 0.6%, hit by a 2.7% retreat in Commercial International Bank ( opens new tab.

Stephen Miller describes Trump-heavy family life days after wife leaves administration to work with Musk
Stephen Miller describes Trump-heavy family life days after wife leaves administration to work with Musk

The Independent

timean hour ago

  • The Independent

Stephen Miller describes Trump-heavy family life days after wife leaves administration to work with Musk

Stephen Miller, the White House deputy chief of staff for policy, has described his Trump- centric family life days after his wife left her administration post to work for Elon Musk. After discussing Trump's construction of the MAGA movement, his immigration stance, and Democrats' 'unsellable ideology,' Miller explained his personal ties to President Donald Trump in a softball Fox News interview with Lara Trump, the president's daughter-in-law. The Saturday evening interview comes days after his wife Katie Miller reportedly left her role as an adviser at the Department of Government Efficiency to work full-time for Musk, who once led the cost-cutting arm. It's unclear when the interview was recorded, and his wife's departure from the administration wasn't discussed. But Miller's appearance seemed to serve as a counter to any rumors that there's a rift between Musk and Trump. The world's richest person left DOGE after a turbulent few months taking a chainsaw to federal agencies; his 130-day special government employee status came to an end last week. The deputy chief of staff emphasized how large a role the president and his White House have played in his family life. Miller described meeting his wife during the first Trump administration. 'When I first met her, she was the communications director at the Department of Homeland Security, so it's very on-brand, the relationship, because we were on conference calls every day on border security.' The pair even got married at the Trump International Hotel in Washington, according to the New York Times. Miller is considered the architect of the controversial family separation policy in Trump's first term. His wife, then a spokesperson to Vice President Mike Pence, was sent to a child detention center at the southern border to make her more compassionate, but 'it didn't work," she told reporter Jacob Soboroff. Miller then told Lara Trump about his own children. Asked about whether his children have met Trump, Miller said he has a photo of his daughter with the president when she was just a newborn. He claimed: "My daughter is always asking to see the president again…She's always desperate for any chance to get face time with the president.' He added that the president is 'great with kids,' describing him as a 'kid magnet' and a 'child whisperer.' Under Trump, apparently, children are always welcome at the White House. 'This is the most family-friendly work environment. You can bring your kid to work any time you want,' he added. He's been in Trump's orbit for a decade, but to him, 'sometimes it only feels like it's been a year.'

US will never default on its debt, claims Trump's Treasury Secretary
US will never default on its debt, claims Trump's Treasury Secretary

Telegraph

timean hour ago

  • Telegraph

US will never default on its debt, claims Trump's Treasury Secretary

The US will never default on its debts, Donald Trump's Treasury Secretary has claimed, as he sought to downplay growing concerns over the state of the country's public finances. Scott Bessent told CBS news on Sunday that the US was 'on the warning track' but insisted it would not run out of cash despite approaching the so-called debt ceiling – the legal limit that the US government is permitted to borrow. He said: 'I will say the United States of America is never going to default. That is never going to happen. We are on the warning track and we will never hit the wall.' Economists have warned that Donald Trump's 'big, beautiful' spending bill will add trillions to the US's $37 trillion (£27.4 trillion) federal deficit over the next decade. The bill, which was approved by the US's House of Representatives last month, proposes raising the US debt ceiling by $4 trillion. It promises increased spending on the US military and a clampdown on illegal immigration alongside cuts to food aid, clean energy tax credits and Medicare, America's healthcare programme for poorer households. The US has already been downgraded by three major credit rating agencies in part owing to concerns over Mr Trump's policies and slowing economic growth across the Atlantic. In early May, Mr Bessent said there was a 'reasonable probability' that the US could run out of money by August without lifting the debt ceiling. 'We're going to bring the deficit down slowly' Mr Bessent's comments come after Jamie Dimon, the chief executive of JPMorgan, warned last Friday that Donald Trump's financial plans could 'crack' the American bond market. Investors have become increasingly worried over the impact of Mr Trump's borrowing plans on US Treasuries. Mr Dimon said: 'I just don't know if it's going to be a crisis in six months or six years, and I'm hoping that we change both the trajectory of the debt and the ability of market makers to make markets.' Mr Bessent hit back at Mr Dimon, saying: 'I've known Jamie for a long time, and for his entire career he's made predictions like this. Fortunately none of them have come true. That's why he's a great banker. He tries to look around the corner. 'We are going to bring the deficit down slowly. This has been a long process, so the goal is to bring it down over the next four years.' He argued that the US was taking in a 'substantial tariff income' that could net the US government as much as $2 trillion, and pointed to plans for a clampdown on prescription drug prices. He said: '[The] president has a prescription drug plan with the pharmaceutical companies that could substantially push down costs for prescription drugs, and that could be another trillion.' Beijing had violated a truce on tariffs agreed in May.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store