Trump Heads To NATO As FRAGILE Ceasefire HOLDS
President Trump unleashed on the Israelis and the Iranians on Tuesday, expressing his displeasure at continued fighting between the two adversaries after he announced the parameters of a ceasefire the day before. 'We basically — we have two countries that have been fighting so long and so hard that they don't know what the f‑‑‑ they're doing,' Trump told reporters at the White House before taking off for a trip to The Hague for the NATO Summit. The Hill's Drew Petrimoulx discusses Trump's trip to NATO and the possibility of the ceasefire failing with Ambassador Brent Hardt, a Resident Senior Fellow at the German Marshall Fund.
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The Hill
18 minutes ago
- The Hill
House Republicans advance 2026 Homeland Security funding bill
House Republicans advanced legislation on Tuesday laying out funding plans for the Department of Homeland Security (DHS) for fiscal 2026, calling for boosts to immigration enforcement efforts. The GOP-led House Appropriations Committee approved the bill along party lines on Tuesday evening after members spent hours debating the legislation and proposed changes to the text. The bill allows for about $66 billion in total discretionary funding for fiscal year 2026, with the non-defense portion of those funds accounting for roughly $63 billion, or nearly two percent higher than current levels. It also calls for about a one percent decrease in defense funds for the annual bill, amounting to about $3.3 billion. Additionally, the bill allows for $26.5 billion in funding for what negotiators describe as 'major disaster response and recovery activities' and $6.3 billion in discretionary appropriations offset by fee collections. The measure comes as Republicans are also looking to greenlight further funding for the administration's mass deportation plans and immigration enforcement as part of a separate package aimed at advancing the president's tax agenda that GOP leadership hopes to pass before August. Among the biggest increases in the plan advanced on Tuesday is a nearly $1 billion boost for the U.S. Immigration and Customs Enforcement (ICE), which would see $11 billion under the House GOP proposal. Republicans say the funding would allow for 50,000 detention beds, an increase for Transportation and Removal Operations to 'effectuate the removal orders of the more than 1.3 million aliens who no longer have a legal basis to remain in this country.' The bill calls for $31.8 billion for the Federal Emergency Management Agency (FEMA), or a $4.5 billion jump above current levels, and proposes $26.5 billion for the Disaster Relief Fund (DRF). It would also boost funds for the Transportation Security Administration, U.S. Coast Guard and Federal Law Enforcement Training Centers. However, it pushes to cut funding for a list of offices while calling for the elimination of the Shelter and Services Program, the Case Management Pilot Program, funding for soft-sided facilities, the Office of Immigration Detention Ombudsman, the Family Reunification Task Force and border management activities. It would also reduce funding for the Office of Civil Rights and Civil Liberties, the Office of the Secretary, the Office of Public Affairs, the Office of Policy, the Office of the General Counsel and the Office of Legislative Affairs. Republicans have touted the bill as delivering on key investments for the Trump administration's immigration enforcement and border security efforts. 'Alongside renewed leadership in the White House, we are replacing the consequences of past weakness with a posture of strong U.S. preparedness,' Rep. Mark Amodei (R-Nev.), head of the subcommittee that crafted the annual DHS funding bill, said in a statement. 'From our borders and ports to aviation and cyber, we deliver the personnel, training, and technology to reinforce our community defenses and confront those who wish us harm. I commend the advancement of this legislation, which ensures our laws are enforced, our agencies are equipped, and our citizens are protected.' But in a bill report accompanying the funding legislation, appropriators also detailed concerns with ICE's 'financial management practices,' which they noted 'have led to an inappropriate and disproportionate reliance on reprogramming and transfer authority to ensure solvency at the end of any given fiscal year over the past decade.' 'Actions already taken in fiscal year 2025 are especially egregious—ICE began spending more than its appropriated level shortly after the fiscal year commenced and operations now far exceed available resources,' it said, referring to the fiscal year that runs from October 2024 to September 2025. 'In order to sustain this heightened operational tempo, ICE has and will likely continue to use the bill's transfer and reprogramming authority to the maximum extent, once again taking from other components' operational priorities.' Democrats have come out in staunch opposition to the overall House GOP funding proposal. 'It fails to protect American citizens from being confronted in their homes and offices, or having their property seized, as this Administration's deportation policies ignore the boundaries of our laws,' Rep. Lauren Underwood (Ill.), top Democrat on the subcommittee alongside Amodei, said in a statement. 'It shamefully allows law enforcement to continue snatching people off the street, at church, at schools, without requiring proper identification or due process.' 'Meanwhile, the White House requested zero dollars to supplement FEMA's Disaster Relief Fund that all Americans rely on to recover from major disasters, and fails to acknowledge an urgent $8 billion dollar deficit in the DRF.' The committee considered a series of amendments on Tuesday during the hearing, including proposals by Democrats seeking to block the detention of U.S. citizens, the elimination of FEMA, or the dismantling of the Building Resilient Infrastructure and Communities program. An amendment offered by Rep. Andrew Clyde (R-Ga.) also sought to further reduce funding for the Cybersecurity and Infrastructure Security Agency (CISA) in the bill, which currently calls for $2.7 billion for the agency, or about $135 million lower than current levels. In detailing the amendment on Tuesday, Clyde said his proposal would reduce funding for the agency to be more in line with cuts sought in President Trump's fiscal year 2026 budget request level for the agency. 'I believe this cut is necessary to rein in the waste abuse and mission drift and politicization, political weaponization, excuse me, that plague to CISA under the Biden-Harris administration, as well as to return the agency to its core mission,' he said, while praising the Trump administration for 'proposing a $491 million cut to CISA.' However, Clyde ultimately withdrew his amendment, saying he reserved 'to offer on the floor.' In remarks at votes later he told The Hill that he thinks the House floor is a 'better venue than in committee,' adding he thinks 'we'll be more successful on the House floor than we would in committee.' Amodei told The Hill shortly after that he opposed the amendment and said 'it wouldn't get adopted' if brought to a vote in committee, adding he thinks 'CISA's taken enough hits already.' 'They've been punished enough for their alleged prior administration stuff, time to move on, especially since we're not in the middle of a receding threat environment,' he said.
Yahoo
20 minutes ago
- Yahoo
Life on the other side: Refugees from 'old media' flock to the promise of working for themselves
NEW YORK (AP) — Six months ago, Jennifer Rubin had no idea whether she'd make it in a new media world. She just knew it was time to leave The Washington Post, where she'd been a political columnist for 15 years. The Contrarian, the democracy-focused website that Rubin founded with partner Norm Eisen in January, now has 10 employees and contributors like humorist Andy Borowitz and White House reporter April Ryan. Its 558,000 subscribers also get recipes and culture dispatches. In the blink of an eye, Rubin became a independent news entrepreneur. 'I think we hit a moment, just after inauguration, when people were looking for something different and it has captured people's imaginations,' she says. 'We've been having a ball with it.' YouTube, Substack, TikTok and others are spearheading a full-scale democratization of media and a generation of new voices and influencers. But don't forget the traditionalists. Rubin's experience shows how this world offers a lifeline to many at struggling legacy outlets who wanted — or were forced — to strike out on their own. Tough business realities, changing consumer tastes The realities of business and changing consumer tastes are both driving forces. YouTube claims more than 1 billion monthly podcast views, and a recent list of its top 100 shows featured seven refugees from legacy media and six shows made by current broadcasters. Substack, which launched in 2017 and added live video in January, has more than doubled its number of paid subscribers to participating content creators to 5 million in less than two years. Almost immediately after he was cut loose by ABC News on June 10 for an anti-Trump tweet, Terry Moran headed for Substack. Two former hosts of NBC's 'Today' show — Katie Couric and Hoda Kotb — announced new media ventures on the same day last month. 'I think you've seen, really in the last six months for some reason, this whole space explode with people who are understanding that this is a really important way to convey information,' says Couric, who's been running her own media company with newsletters, interviews and a podcast since 2017 and recently joined Substack. Among the most successful to make transitions are Bari Weiss, the former New York Times writer whose Free Press website celebrates independent thought, the anti-Trump Republicans at Bulwark and ex-MSNBC host Mehdi Hasan, who champions 'adversarial journalism' on Zeteo. Television news essentially left Megyn Kelly for dead after her switch from Fox News to NBC went bust. She launched a podcast in 2020, at first audio only, and SiriusXM picked it up as a daily radio show. She added video for YouTube in 2021, and gets more than 100 million viewers a month for commentary and newsmaker interviews. This year, Kelly launched her own company, MK Media, with shows hosted by Mark Halperin, Maureen Callahan and Link Lauren. While they thrive, the prospect of layoffs, audiences that are aging and becoming smaller and constant worry about disappearing revenue sources are a way of life for legacy media. Moving to independent media is still not an easy decision. Taking a deep breath, and making the leap 'If I'm going to jump off a cliff, is there water or not?' former 'Meet the Press' moderator Chuck Todd says. 'I didn't know until I left NBC. Everybody told me there would be water. But you don't know for sure until you jump.' It takes some adjustment — 'At first I was like, 'do you know who I used to be?'' Couric jokes — but some who have made the jump appreciate the nimbleness and flexibility of new formats and say news subjects often respond to the atmosphere with franker, more expansive interviews. Jim Acosta, who traded a CNN anchor desk for a video podcast he does from his home after deciding not to make a move he considered a demotion, says he's been surprised at the quality of guests he's been able to corral — people like Hakeem Jefferies, Pete Buttigieg and Sean Penn. Many podcasters succeed because they communicate authenticity, former Washington Post editor Marty Baron said in an interview at the George W. Bush Presidential Center. Traditional journalists trade on authority at a time people don't trust institutions anymore, he said. Couric has seen it in some of the feedback she gets from subscribers. 'There's some disenchantment with legacy media,' she says. 'There are certainly some people who are frustrated by the capitulation of some networks to the administration, and I think there's a sense that when you're involved in mainstream media that you may be holding back or there may be executives who are putting pressure on you.' Is there an audience — and money — on the other side? Substack says that more than 50 people are earning more than $1 million annually on its platform. More than 50,000 of its publishers make money, but since the company won't give a total of how many people produce content for the platform, it's impossible to get a sense of the odds of success. Alisyn Camerota isn't making money yet. The former CNN anchor left the broadcaster after she sensed her time there was running out. Blessed with a financial cushion, she's relishing the chance to create something new. She records a video podcast, 'Sanity,' from her basement in Connecticut. A former Fox colleague who lives nearby, Dave Briggs, joins to talk about the news. 'It's harder than you think in terms of having to DIY a lot of this,' Camerota says, 'but it's very freeing.' Different people on the platform have different price points; some publishers put everything they do behind a pay wall, others only some. Acosta offers content for free, but people need to pay to comment or discuss. Zeteo charges $12 a month or $72 a year, with a $500 'founding member' yearly fee that offers access to Mehdi. The danger for independent journalists is a market reaching a saturation point. People already stress over how many streaming services they can afford for entertainment. There's surely a limit to how many journalists they will pay for, too. 'I hope to make a living at this,' Acosta says. 'We'll see how it goes. This is a bit of an experiment. I think it's a valuable one because the stakes are so high right now.' A strong point of view is one route to success To succeed in independent media, people need a strong work work ethic, self-motivation and an ability to pivot quickly to deal with changing markets, says Chris Balfe, founder of Red Seat Ventures. He has created a thriving business ushering conservative media figures into the new world, including Kelly, Bill O'Reilly, Tucker Carlson and Piers Morgan. Balfe's clients all have strong opinions. That's a plus for consumers who want to hear their viewpoints reflected back at them. 'I think you need a point of view and a purpose," Rubin says. "Once you have that, it helps you to organize your thinking and your selections. You're not going to be all things to all people.' That's one of the things that concerns Acosta and Todd. They're looser, and they certainly say what they think more than they felt free to do on television; a remark Acosta made on June 17, while appearing on Rubin's podcast, about Trump marrying immigrants was criticized as 'distasteful' by the White House. But at heart, they consider themselves reporters and not commentators. Is there enough room for people like them? Todd has a podcast, a weekly interview show on the new platform Noosphere and is looking to build on an interest in improving the fortunes of local news. He believes that opinion can help someone build an audience quickly but may ultimately limit growth. As Rubin did, they will find out soon enough. 'As it turned out," she says, 'what was on the other side was much more exciting and successful and absorbing than I could ever have imagined.' ___ David Bauder writes about the intersection of media and entertainment for the AP. Follow him at and
Yahoo
20 minutes ago
- Yahoo
A cease-fire between Israel and Iran hangs in the balance. The markets are holding their nerve.
This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Good morning. Hallam Bullock here, writing to you from London. A former animation president at Warner Bros. and Comcast's DreamWorks is betting he can create the next Hollywood franchises with the help of AI — and just raised $11.6 million to do it. In today's big story, US President Donald Trump announced a cease-fire between Iran and Israel. Israel says Iran has violated it. We're looking at how the markets are reacting — and what they're expecting next. What's on deck Markets: Real-estate investors are no longer counting out San Francisco. Tech: Leaked files and the startup's own contractors are calling Scale AI's security into question. Business: Why we should all know less about each other at work. But first, the markets are hopeful."Please do not violate it!" US President Donald Trump said in a Truth Social post earlier this morning. He was referring to a cease-fire between Iran and Israel, which Trump said was "now in effect." It was the news the markets had been waiting for. European and US stock-index futures both jumped, while the dollar fell against all its major peers and gold, a safe haven asset, dropped 1.3%. Oil prices, meanwhile, continued their plunge. Hours later, Israel's defense minister said Iran had violated the cease-fire — and vowed to respond with "powerful strikes against regime targets in the heart of Tehran." Iran has denied the accusation. BI is covering this developing story. Follow our coverage. In many cases, the traditional risk-off response would've hampered the early-morning market rally, yet US stock futures are still firmly up. While the latest developments appear to signal a renewed escalation, markets are reacting as if this is a temporary disruption in an otherwise steady move toward de-escalation. We saw a similar thing yesterday, when Iran said it fired missiles at a US military base in Qatar. Fears of supply disruption would normally send oil prices up, but the attack was largely believed to be symbolic — Trump thanked Iran for giving the US "early notice, which made it possible for no lives to be lost." Oil prices continued to fall. Investors had also been pricing in geopolitical risks for months. "There wasn't much in the way of escalation so markets breathed a sigh of relief," Paul Hickey, cofounder of Bespoke Investment Group, told BI. We might be witnessing a similar scenario play out. A cease-fire hangs in the balance, but amid a cloud of uncertainty, it seems the markets are holding their nerve. 1. Don't get too excited about Tesla's stock jump, UBS says. The EV-maker's stock leapt 11% Monday morning after its robotaxi launch, but UBS said the opportunity is "already priced into the stock" in a note. Tesla's stock has been on a wild ride this year and is still down 13.6% YTD. 2. San Francisco could be in for a real estate rebound. The city is buzzing again thanks to RTO mandates. While the average rent price is still below pre-pandemic levels, they're predicted to tick up. Large investors are aiming to capitalize on a rebound by buying up multi-family homes. 3. The housing market is slowly turning in favor of buyers. A Redfin report showed US home prices rose 0.7% in May, the smallest increase since 2023. They expect this trend to continue and potentially start showing year-on-year declines by the end of 2025. 1. Scale AI's data security problem. The startup, which uses public Google Docs to track internal work for its high-profile clients, has left multiple AI training docs labeled "confidential" accessible to anyone with a link, BI has found. While there's no indication that Scale AI's practices have caused a breach, one expert called it "dangerous." 2. Leave a tip? JK! Tesla's robotaxi service trolls users who try to tip their non-human drivers, some commuters discovered shortly after the robotaxi launch in Austin. See what happens when you try. 3. Chatbots are competing for users on WhatsApp. The messaging app, owned by Meta, is "the largest surface that people use Meta AI on," according to Mark Zuckerberg. It's also becoming an AI free-for-all as rival chatbots compete for audiences, which could hurt Meta's quest to become the default AI provider, BI's Pranav Dixit writes. 1. Make coworkers mysterious again. It's good that workplaces have become more inviting, but there's a cost to sharing too much. Besides annoying coworkers and managers, oversharing can hurt an employee's reputation and their organization's, writes BI's Emily Stewart. 2. Compass is lawyering up to fight Zillow. The real estate brokerage accused Zillow of violating antitrust laws by forcing listings onto its platform in a lawsuit filed Monday. Zillow has been beefing with big brokerages since they started gatekeeping certain listings, arguing that they're creating an uneven playing field for homebuyers. 3. DTC bedding brand Parachute folds 19 stores. Parachute shrank its retail footprint from 26 to seven storefronts over the past year, becoming the latest direct-to-consumer brand that's struggled to scale or turn a profit. It said it plans to focus on e-commerce and partnerships with retailers like Target instead. MAGA is split over the AI provision in Trump's Big Beautiful Bill. Pixar just had its worst opening weekend ever. Box office analysts say it's not over yet for 'Elio.' Netflix should embrace short-form video and take on YouTube, a Wall Street analyst says. What's it like to fly a B-2 bomber for two days straight? Here's what record-holding pilots say. GitHub's CEO on why it's important for companies to keep hiring junior engineers. Hims & Hers stock plunges after Novo Nordisk ends its brief partnership. Luxury wedding planners on what they expect from Jeff Bezos and Lauren Sánchez's Venice wedding. Why so many millennials are feeling stuck. FedEx reports earnings. New York City primary mayoral election. Dan DeFrancesco, deputy editor and anchor, in New York (on parental leave). Hallam Bullock, senior editor, in London. Meghan Morris, bureau chief, in Singapore. Grace Lett, editor, in Chicago. Amanda Yen, associate editor, in New York. Lisa Ryan, executive editor, in New York. Akin Oyedele, deputy editor, in New York. Ella Hopkins, associate editor, in London. Read the original article on Business Insider Sign in to access your portfolio
