All posts tagged: Donald Trump

Trump sticks with Pulte, FISA hurtles toward expiration

Trump sticks with Pulte, FISA hurtles toward expiration

House Democratic Leader Hakeem Jeffries (R) (D-NY) speaks alongside Senate Democratic Leader Chuck Schumer (L) (D-NY) on the steps of the U.S. Senate during an event with congressional Democrats on May 21, 2026 in Washington, DC. Win McNamee | Getty Images The U.S. House on Thursday rejected a proposal to extend a key foreign surveillance program through July 2, as Democrats continued to withhold support over President Donald Trump’s choice of Bill Pulte as acting director of national intelligence. The program will expire on Friday. Trump tapped Pulte for the role earlier this month, setting off bipartisan backlash. Pulte is currently the head of the Federal Housing Finance Agency and has used his perch to launch probes into several of Trump’s political opponents over allegations of mortgage-related wrongdoing. He has no prior national security experience. House Democratic leaders came out against the short-term reauthorization ahead of Thursday’s planned vote, effectively dooming the measure. Speaker Mike Johnson was attempting to approve it under a procedural tool for normally used for non-controversial bills that requires support from …

Iran threatens Elon Musk companies in Middle East: State media

Iran threatens Elon Musk companies in Middle East: State media

Tesla CEO Elon Musk holds a mobile phone as he arrives to attend a state banquet with U.S. President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. Evan Vucci | Reuters Iran will treat all of Elon Musk’s companies in the Middle East, including SpaceX’s Starlink internet service, as military targets as it retaliates against the U.S., Iranian state media outlet Fars reported Thursday. Iran is targeting “all interests related to economic holdings managed by Elon Musk in West Asia,” including a regional Starlink ground station, according to a translated post on Fars’ Telegram page. Starlink has played a key role in U.S. military operations against Iran, supporting high-tech ordnance ranging from aerial attack drones to unmanned surveillance and strike vessels. Iran asserts the U.S. has committed war crimes against it with the support of Musk-related companies, Fars reported, citing an “informed source.” “The Islamic Republic of Iran reserves the right to attack all facilities related to [Musk]-managed holdings in the region and occupied …

Trump says U.S. will seize Iran’s Kharg Island, oil infrastructure

Trump says U.S. will seize Iran’s Kharg Island, oil infrastructure

US President Donald Trump during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Wednesday, June 3, 2026. Shawn Thew | Bloomberg | Getty Images The U.S. military will attack Iran “VERY HARD TONIGHT,” and will soon take over the country’s “oil infrastructure points,” President Donald Trump said Thursday morning. An operation to “assume total control” of Iran’s oil and gas markets and infrastructure, including taking Kharg Island, will occur “at some point in the not too distant future,” Trump vowed in a Truth Social post. Trump compared the forthcoming action to the U.S. operations in Venezuela, “which is working out brilliantly for both Venezuela and the United States of America,” he wrote. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. Source link

Trump’s Border Crackdown Is Wreaking Havoc on the World Cup

Trump’s Border Crackdown Is Wreaking Havoc on the World Cup

Even before the first whistle blows, the 2026 World Cup—taking place from June 11 to July 19 across the United States, Canada, and Mexico—already has winners and losers away from the field. Specifically, at the border, at passport control, in consular offices, and at US airports. Here, amidst denied visas, prolonged checks, and contested entries, a parallel competition is emerging where human rights are at stake. This World Cup was meant to be a global celebration of soccer in North America. For the first time in history, the tournament is being held in three different countries, a move meant to unite the entire continent and turn the World Cup into an even more inclusive event. But restrictions imposed by President Donald Trump’s administration are impeding those goals. Players, managers, and referees are coming up against some harsh realities even before they take the field. Currently, 39 countries face full or partial US travel bans, and four of them—Haiti, Iran, Senegal, and Côte d’Ivoire are set to play in the World Cup. So far, incidents involving …

Kuwait closes airspace, Israel warns of launches from Lebanon after U.S strikes in Iran

Kuwait closes airspace, Israel warns of launches from Lebanon after U.S strikes in Iran

Kuwait closed its airspace Thursday local time due to “Iranian aggressions” as it intercepted “hostile aerial targets,” following U.S. strikes against Tehran. Israel’s Home Front Command also warned of launches from Lebanon toward several communities in northern Israel. Iran “struck and destroyed eighteen important targets” belonging to U.S. forces at Kuwait’s Ali Salem and Ahmad al-Jaber air bases, as well as the Sheikh Issa air base in Bahrain, according to the state run Tasnim news agency. The media adviser to Bahrain’s king said the country’s air defense systems had intercepted and destroyed “Iranian aerial attacks.” Earlier in the day, Bahrain’s interior ministry had urged civilians to head to a safe place. The escalation follows U.S. attack on multiple targets in Iran Wednesday stateside at President Donald Trump’s direction, following “Iran’s unwarranted and continued aggression.” Centcom said strikes were completed at 9:04 p.m. ET Wednesday, adding it hit Iranian military surveillance capabilities, communication systems, and air defense sites. U.S. forces fired on Iranian targets that “posed a threat to U.S. forces and international commercial ships transiting …

Rollins called screwworm a ‘little pest.’ Last year, she said ‘terrifying’

Rollins called screwworm a ‘little pest.’ Last year, she said ‘terrifying’

Agriculture Secretary Brooke Rollins told CNBC on Monday that the New World screwworm is a “little pest.” In the past, she called the parasite “terrifying.” The discrepancy in messaging before and after the flesh-eating pest was detected in the U.S. offers a window into how Rollins is managing the screwworm threat now that it has reached inside the border. And it shows how the administration is racing to alleviate fears that the parasite could further raise the price of beef amid rising inflation. Since screwworm was detected in Texas last week, Rollins has hit the airwaves to reassure the U.S. public that the U.S. Department of Agriculture is ahead of the infestation and that it does not pose a risk to the food system. She has also heaped blame on the Biden administration for the spread, arguing that lax immigration enforcement of the southern border helped the parasite move forward. “The food supply is not at risk. This is not a virus, it’s not a disease, it’s just a little pest, a larvae that lands …

Trump loves inflation. Why that should be music to Kevin Warsh’s ears: Analysis

Trump loves inflation. Why that should be music to Kevin Warsh’s ears: Analysis

U.S. President Donald Trump arrives with incoming Federal Reserve Chair Kevin Warsh for Warsh’s swearing-in ceremony at the White House in Washington, D.C., U.S., May 22, 2026. Jonathan Ernst | Reuters A strange thing may happen in the coming days. Federal Reserve Chair Kevin Warsh may do exactly what his predecessor Jerome Powell had done about interest rates — only to get a completely different response from President Donald Trump. Trump’s unexpected comments Wednesday on the latest inflation figure may give Warsh some space on interest rates. “I love the inflation,” he said in the Oval Office hours after the Bureau of Labor Statistics revealed that annualized inflation jumped by 4.2%. If the president is unconcerned with the highest inflation in three years, that may buy Warsh a reprieve from expectations to quickly lower interest rates. The president spent years railing against and trying to undermine Powell for what Trump saw as a stubborn refusal to cut interest rates faster and deeper than the Fed was willing to go. But now that Warsh has been …

‘Negotiate with bombs’: Hegseth defends second night of US strikes on Iran | US-Israel war on Iran News

‘Negotiate with bombs’: Hegseth defends second night of US strikes on Iran | US-Israel war on Iran News

Secretary of Defense Pete Hegseth has confirmed that the United States is launching strikes on “key facilities” in Iran, framing the attacks as part of the ongoing negotiations for a permanent ceasefire. Hegseth spoke to reporters on Wednesday in Tampa, Florida, as he left the headquarters for the US Central Command (CENTCOM), which oversees military operations in the Middle East and parts of Asia. Recommended Stories list of 3 itemsend of list His remarks echoed the escalating rhetoric of Republican President Donald Trump, who warned earlier that Iran would “have to pay the price” for taking too long with the negotiations. “ CENTCOM – Central Command – will be busy tonight because President Trump said we will be hitting Iran hard, and we will be,” Hegseth said. He explained that he had just reviewed the plans for Wednesday night’s attack with Admiral Bradley Cooper, CENTCOM’s commander. “ Those strikes that’ll happen tonight will be strong. They will be clear,” said Hegseth, who then suggested they may continue into a second day. “If they have to happen tomorrow …

Trump keeps saying an Iran deal is close. Markets keep believing it

Trump keeps saying an Iran deal is close. Markets keep believing it

President Donald Trump speaks during a Cabinet meeting in the Cabinet Room at the White House, in Washington, May 27, 2026. Evan Vucci | Reuters President Donald Trump this week said a sweeping peace deal with Iran could be signed very soon, echoing dozens of similar claims he has made over nearly three months. The latest example may not resonate with the average listener — after all, no deal has emerged following any of Trump’s dozens of claims so far. But despite the lack of follow-through, markets continue to react to the president’s repeated promises. Trump has signaled or stated outright more than 30 times that a deal is nearly at hand, according to a CNBC review of the president’s social media posts and public remarks. Stocks and oil markets, which have squirmed amid a global energy supply shock caused by the war, continue to pay close attention to Trump’s signals about a forthcoming deal, even when they don’t pan out. Meanwhile, more than 100 days into the war, Washington and Tehran seem to be …