Flash Floods swamp Northeast US metro areas
Millions across the Northeast and Mid-Atlantic remain under flash flood warnings as slow-moving summer storms bring heavy showers to the East Coast, impacting transportation and leaving people stranded in vehicles on waterlogged roads.
01:01 - Source: CNN
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Flash floods swamp Northeast US metro areas
Millions across the Northeast and Mid-Atlantic remain under flash flood warnings as slow-moving summer storms bring heavy showers to the East Coast, impacting transportation and leaving people stranded in vehicles on waterlogged roads.
01:01 - Source: CNN
Trump announces novel plan to send weapons to Ukraine
In an Oval Office meeting, President Trump announced that the US will sell weapons to European nations who will then send them to Ukraine. The president also threatened new trade consequences if no peace deal is reached with Ukraine within 50 days.
00:26 - Source: CNN
Deadly fire at Massachusetts assisted living facility
Nine people died Sunday night after an assisted living facility caught fire in Fall River, Massachusetts, officials said, with elderly people begging for help from first responders as smoke poured out of the building.
00:37 - Source: CNN
Journalist offers new account of Trump assassination attempt
The Secret Service has issued suspensions for several agents involved in securing the Pennsylvania rally last year where Donald Trump was shot in the ear and a rally goer was killed by the would-be assassin, according to multiple sources. Journalist Salena Zito, who witnessed the assassination attempt, joined Jake Tapper to discuss why she believes "it's about time" suspensions are doled out.
00:49 - Source: CNN
ICE vehicle runs through protesters
CNN affiliate KGO reports that an ICE vehicle ran through protesters attempting to stop an alleged deportation outside the San Francisco Federal Immigration Court.
00:59 - Source: CNN
How the first 48 hours of the Texas floods unfolded
The Guadalupe River rose 26 feet in 45 minutes on the morning of July 4th, leading to devastation and more than 100 deaths across Central Texas. CNN recounts what happened in the first 48 hours of the flood.
05:02 - Source: CNN
Analysis: Do Trump's words affect Putin's actions?
President Donald Trump called Russian President Vladimir Putin out for throwing "bullsh*t" on peace talks with Ukraine - hours later, Russia launched its largest ever drone attack on Ukraine. CNN's Matthew Chance analyzes whether the US leader's comments have an impact on Russia's military operations.
01:23 - Source: CNN
Federal agents face off with protesters at California farm
The Ventura County Fire Department said they responded to calls of people having breathing problems at a farm in Ventura County, California, after federal agents appeared to deploy tear gas canisters into the crowd. A DHS spokesperson told CNN that they were "executing criminal warrants at a marijuana facility." It is unclear if any arrests were made.
01:24 - Source: CNN
Birkin bag smashes auction records at $10 million
Scuffed, scratched and stained, this black leather Hermès Birkin bag just sold for €8.6 million ($10 million), with fees, becoming the most expensive handbag to ever sell at auction. After a dramatic bidding war, the hammer fell at a winning bid of €7 million ($8.2 million). Known as 'The Original Birkin,' the rarefied handbag is the first version of this timeless luxury staple, inspired by its owner — '60s 'It-girl' Jane Birkin.
01:52 - Source: CNN
Moo Deng turns one
The Khao Kheow Open Zoo in Thailand celebrated the first birthday of Moo Deng – a pygmy hippo who rose to fame last year after heartwarming and mischievous videos of her went viral. CNN spoke to Moo Deng fans who flew from around the world to celebrate her special day.
01:13 - Source: CNN
Father was on the phone with son before he was swept away by Texas floods
CNN's Kaitlan Collins interviews Thad Heartfield, a father searching for his 22-year-old son Aiden, who is missing after the flash floods that devastated central Texas.
01:20 - Source: CNN
Video: Bodycam footage shows Olympic gold medal gymnast arrested for DUI
The City of Fairmont Police Department released bodycam videos showing iconic Olympic gold medal gymnast Mary Lou Retton struggling to take a field sobriety test during a May traffic stop in West Virginia. Retton was arrested and paid a fine after a court hearing, after which she released a statement apologizing.
02:27 - Source: CNN
Video shows 31 workers rescued after tunnel collapse
31 workers were craned out of an industrial site after part of a tunnel for a municipal wastewater project collapsed in Los Angeles. No injuries or missing persons have been reported.
00:38 - Source: KABC
Doctors in Gaza struggle to keep babies alive
CNN's Paula Hancocks reports on the situation in Gaza as doctors try to keep preterm babies alive in a warzone where formula, medicine and fuel are in short supply.
02:48 - Source: CNN
GOP senator reveals details of conversations with Trump over bill vote
Sen. Thom Tillis (R-NC) joins CNN's Jake Tapper to discuss his private conversation with President Donald Trump after voting against the president's agenda — just before announcing he would retire from Congress instead of seeking reelection next November.
03:27 - Source: CNN
Brothers recount being rescued during flood
CNN's Pam Brown speaks to two brothers, 7-year-old Brock and 9-year-old Braeden Davis, who were at Camp La Junta when catastrophic flooding swept central Texas.
01:28 - Source: CNN
Trump praises Liberian leader's English. It's his native language
During a White House meeting with leaders of African nations, President Donald Trump complimented Liberian President Joseph Boakai's English pronunciation, even though English is Boakai's native language.
00:49 - Source: CNN
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Yahoo
13 minutes ago
- Yahoo
Bessent calls for internal review of Fed and 'deeper reforms' of big bank rules
Treasury Secretary Scott Bessent on Monday took aim at both the Federal Reserve and the rules the Fed enforces as a supervisor of big banks. He said on X that there should be a review of the central bank's $2.5 billion renovation of its headquarters and a review of its non-monetary policy operations, arguing that 'significant mission creep and institutional growth have taken the Fed into areas that potentially jeopardize the independence of its core monetary policy mission.' He posted the comments on the same day he spoke at the opening of a Fed conference designed to review the capital framework governing big banks. That conference continues Tuesday. There he made a separate call for 'deeper reforms' of the regulations governing the nation's biggest banks, arguing that 'outdated capital requirements' impose 'unnecessary burdens on financial institutions.' Specifically he suggested that regulators scrap a dual capital structure proposed during the last administration but never enacted, calling it 'flawed.' "We need deeper reforms rooted in a long-term blueprint for innovation, financial stability, and resilient growth," Bessent said in his remarks. Bessent is among the candidates being considered to replace Jerome Powell as chair of the central bank once Powell's term expires in 10 months. President Trump and other White House officials have been hammering Powell and the Fed over the slow pace of interest rate cuts, with none being made so far in 2025, as well as the costs involved in the Fed's $2.5 billion renovation of its headquarters complex along the National Mall in Washington. Bessent joined that chorus on Monday. 'While I have no knowledge or opinion on the legal basis for the massive building renovations being undertaken on Constitution Avenue, a review of the decision to undertake such a project by an institution reporting operating losses of more than $100 billion per year should be conducted,' Bessent said in his Monday post on X. Trump has considered firing Powell and has encouraged him to resign. Powell has said repeatedly that he intends to serve out his term as chair and that his removal is not permitted by law. Bessent on Monday expressed support for the Fed's independence on the subject of monetary policy, saying that autonomy is 'a jewel box that should be walled off' and that the Fed's independence 'is a cornerstone of continued US economic growth and stability.' But the White House has also made it known that it wants greater control over the Fed's operations outside monetary policy, including the supervision of the nation's biggest banks. Bessent earlier this year said he would be coordinating a broad re-examination of financial regulation, with an eye toward making it easier for banks to lend as a way of boosting the US economy. And he said again Monday that the Treasury would be playing a central role. "The department will break through policy inertia, settle turf battles, drive consensus, and motivate action to ensure no single regulator holds up reform," Bessent said of the Treasury. "We need deeper reforms rooted in a long-term blueprint for innovation, financial stability, and resilient growth." US regulators have already proposed one of the most dramatic rollbacks of bank capital rules since the 2008 financial crisis, saying last month they wanted to alter the so-called enhanced supplementary leverage ratio (eSLR). Banks have complained that this ratio penalizes them for holding lower-risk assets such as Treasury bonds. Doing away with it "should simplify bank capital management" and "that will bring down costs and help banks more effectively manage their capital levels," TD Securities analyst Jaret Seiberg said in a Tuesday morning research note. Even with proposed curtailing this leverage ratio, large banks would still be bound by their risk weighted capital constraints, Seiberg said. "This is not going to produce material capital relief for banks," Seiberg added. More regulatory changes for big banks could still be on the way. Michelle Bowman, the Fed's top banking regulator appointed by Trump, said in a speech last month that revisiting the eSLR requirement is just the start of broader capital rollback considerations. "More work on capital requirements remains, especially to consider how they have evolved and whether changes in market conditions have revealed issues that should be addressed," she said. Click here for in-depth analysis of the latest stock market news and events moving stock prices
New York Post
15 minutes ago
- New York Post
White House's savage response as Hunter Biden drops 6 F-bombs in 30 seconds in rant about the border
The White House savagely tore into Hunter Biden and his drug-addled past after the former first son managed to drop six f-bombs in just 30 seconds as he raged about President Trump's immigration crackdown. The 55-year-old son of former President Joe Biden went on the profanity-laden rant in a sit-down with YouTube personality Andrew Callaghan that aired Monday, arguing that the Trump administration's deportation blitz is a 'f–king crime.' At one point, the Biden scion had a fit as he suggested that booting migrants would leave no one to clear hotel rooms, wash dishes or tend gardens. Advertisement Hunter Biden rips the Trump admin and Democrats in a new interview. YouTube / Channel 5 with Andrew Callaghan White House spokeswoman Abigail Jackson swiftly picked up on Hunter's twisted priorities given the ongoing chaos caused by his dad's border policies. 'A CBP agent was just shot in the face by two criminal illegal aliens that Joe Biden let into the country but Hunter is more concerned about who is going to clean up his hotel room after his benders,' she said in an X post, referring to the Illegal migrant arrested in the shooting of an off-duty Border Patrol agent in New York City. Advertisement 'This sort of callous, self-interested maliciousness from the entire Biden Crime Family is exactly why Joe Biden left office with record-low approval ratings,' Jackson added in a statement to Fox News. It came after Hunter managed to fire off half a dozen profanities in a mere 30 seconds. 'Am I not supposed to feel for someone? Am I going to be like all these Democrats say, 'You have to talk about and realize that people are really upset about illegal immigration?' F–k you,' Hunter said. Inside El Salvador's notorious CECOT prison. EL SALVADOR'S PRESIDENCY PRESS OFFICE/AFP via Getty Images Advertisement 'How do you think your hotel room gets cleaned?' How do you think your hotel room gets cleaned? How do you think you have food on your f–king table? Who do you think washes your dishes? Who do you think does your f–king garden? 'Who do you think is here, by the f–king sheer f–king just grit and will, that they figured out a way to get here because they thought that they could give themselves and their family a better chance and [Trump's] somehow convinced all of us that these people are the f–king criminals.' Elsewhere in the three-hour interview, the younger Biden laid into White House deputy chief of staff of policy Stephen Miller — who is widely seen as one of the driving forces behind Trump's immigration agenda. Advertisement 'There is something f–ked up about that mother f–ker,' Hunter griped.
The Hill
15 minutes ago
- The Hill
Yet another Trump ultimatum falls flat in Moscow
President Trump's 50-day ultimatum is apparently the new two-week deadline. And now it is the latest White House demand to Moscow to fall flat. Last Tuesday, Russia rejected Trump's ultimatum. Deputy Foreign Minister Sergey Ryabkov said 'any attempts to make demands, especially ultimatums, are unacceptable to us. If we cannot achieve our goals through diplomacy, then the [war in Ukraine] will continue.' The Kremlin then promptly returned to its terror tactics of bombing Ukrainian cities with ballistic missiles and drones. The White House and mainstream media seem to have moved on. Ultimata from U.S. presidents do not seem to carry the same weight today as they once did. Words like 'Don't,' uttered by both President Joe Biden and Vice President Kamala Harris, had no deterrence on Iran. Nor did Trump's demand for an unconditional surrender. Tehran simply 'did,' then declared victory. President Theodore Roosevelt's 'walk softly and carry a big stick' proverb only carries weight if that big stick is used in a convincing manner. What the Kremlin needs right now is a punch in the face — not another 50 days to attack Ukraine. Trump's 50-day grace period essentially gives Russian President Vladimir Putin a license to kill and sets conditions for him to mount another offensive to dethrone Ukrainian President Volodymyr Zelensky. Reports suggest that 160,000 Russian troops are massing along the frontlines and another 30,000 North Korean soldiers are preparing to deploy to Russia. It is not the American military that our adversaries have a lack of respect for — they know all too well what its capabilities are. No, it is the American commander-in-chief, who needs to be much harder on our adversaries than our allies. Trump may authorize more strikes but has yet to finish the task. The man who authored ' The Art of the Deal ' needs to start removing threats from the battlefield. Missing is the bold determination and sheer will to win that Generals Ulysses S. Grant and George S. Patton brought to the battlefield. De-escalation has become a principle of war for the White House, Foggy Bottom, and the Pentagon. Concerns over possible outcomes and counteractions have overcome the necessity of doing the hard right. Diplomacy has its place — just not with evil. Evil needs to be dealt with directly or it will come back stronger. We see the cost in Ukrainian civilian lives. Unenforced red lines are neither compelling nor convincing. Neither are two-week extensions, ransom payments, lifting of sanctions, or airstrikes on targets not posing threats. Our adversaries see these as examples of weakness, and they exploit them. Trump has continued Biden's least intrusive means strategy, and he opts to deliver strategic messages that our adversaries simply ignore. The result: The behavior that led to the strikes resumes — one step forward, two steps back. For example, Operation Rough Rider commenced on March 15 and concluded on May 5. U.S. Central Command stated the purpose of the campaign was to 'target Houthi rebels in Yemen in order to restore freedom of navigation and American deterrence.' During that period, CENTCOM reportedly struck more than 1,000 Houthi rebel targets in Yemen, expending upwards to 2,000 bombs and missiles. The strikes reportedly 'killed hundreds of Houthi fighters and numerous Houthi leaders … destroying multiple command-and-control facilities, air defense systems, advanced weapons manufacturing facilities, and advanced weapons storage locations.' But the strikes neither defeated nor deterred the Houthi rebels, who were still able to attack U.S. Naval vessels in the Red Sea and Gulf of Aden and launch ballistic missiles towards Israel throughout the operation. On May 4, a Houthi hypersonic missile managed penetrated Israel's missile defense system, impacting near the Terminal 3 parking lot at the Ben Gurion Airport, injuring eight and temporarily shutting down the airport. They still fire ballistic missiles towards Israel. The latest came on Friday. And they are still targeting and sinking commercial shipping in the Red Sea, including two last week — the Liberian-flagged, Greek-operated cargo ship, Magic Seas and the Liberian-flagged, Greek-operated Eternity C. Operation Midnight Hammer, the bomber strike on the Fordow nuclear facility in Iran, was precision at its absolute best. The B-2 pilots and their support package delivered their bombs precisely where intelligence said the targets were, while an additional 75 precision guided weapons fired by other U.S. aircraft and a guided-missile submarine found their targets at the Natanz and Isfahan nuclear facilities as well. But Iran was able to strike back, firing ballistic missiles at the mostly abandoned American Al Udeid Air Base in Qatar in retaliation, which were successfully intercepted by U.S. Patriot missile batteries. Then, like their Houthi counterparts, Iran declared victory and agreed to a U.S. brokered ceasefire to protect what was left of their nuclear and ballistic missile programs and their Islamic Revolutionary Guard Corps from additional Israeli airstrikes. The Iranian government remains intact and the status of its nuclear program uncertain. It continues to threaten Israel and will likely, with the assistance of Russia and China, rebuild its air defense network and ballistic missile inventories. Surviving is winning. And its leaders now gloat under the protection of the Trump ceasefire. Iran, Russia, China, North Korea, and even Yemen know weakness when they see it, and they are prepared to exploit it. The U.S. has held Ukraine and Israel back on multiple occasions. It is time to take the handcuffs off and enable both to win. Moscow and Tehran should be the ones pleading with the U.S. to resume ceasefire talks. According to Foreign Affairs, 'Putin shows no intention of abandoning his objectives in Ukraine or ending the war. Even under the threat of new sanctions, he appears ready to go to extremes.' Russia has publicly rejected Trump's 50-day proposal, so the grace period must end now. Trump has an opportunity to back up his ultimatum immediately — not in September. Threats of sanctions will not sway Putin, but significant combat power will. Together, they may very well force Russia out of Ukraine and undermine China's sights on Taiwan. Trump must stop considering military assistance and economic sanctions and instead just provide it. Winning solves a lot of problems. Enabling Ukraine and Israel to defeat Russia and Iran sends a strong message to the likes of China and its delinquent North Korean neighbor.
