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TODAY’S NEWS FLASH:
Political Landscape
House Budget Committee rejects Trump agenda bill in major setback for GOP leaders
The GOP-led House Budget Committee voted to reject a sweeping package for President Donald Trump's agenda on Friday, dealing an embarrassing setback for Republican leaders.
Mexican government opposes remittance provision in Trump tax bill
The House Republican bill to enact President Trump's domestic policy agenda contains a provision that has prompted opposition from the Mexican government — a tax on cash payments sent by non-U.S. citizens to family members in their home countries.
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Global Impact
Israeli airstrikes kill more than 100 in Gaza, officials say, as Trump wraps up Middle East tour
Israeli airstrikes on the Gaza Strip have killed more than 100 people in the last 24 hours and injured hundreds more, according to the Health Ministry, as President Donald Trump tours the Middle East with few remarks on Israel's intensifying war on the enclave.
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Week of geopolitical poker over Ukraine ends with no endgame in sight
This week began with four European leaders, standing defiantly in Kyiv alongside Volodymyr Zelenskyy, issuing an ultimatum to Vladimir Putin: sign a ceasefire now, or together with Donald Trump we will force you to do so, with sanctions and other tough measures.
Economic Pulse
U.S. companies surge shipments from China following tariff pause
Businesses have begun ramping up shipments to the United States from China after President Donald Trump paused some of his tariffs on imports from that country, creating a surge in demand that could lead to supply chain bottlenecks in the coming months.
Jamie Dimon's time as JPMorgan CEO is winding down. Investors are saying 'do not go.'
JPMorgan Chase (JPM) CEO Jamie Dimon's time as top boss is winding down when his stature on Wall Street and in the nation's capital is arguably at an all-time high.
Quick Takes
Raiders minority owner Tom Brady is having a significant impact on the team’s football operations, even as he operates from afar.
Michael J. Fox is pausing his retirement to join the cast of Shrinking season 3.
The World Press Photo group has suspended the attribution of authorship for one on the most famous press photographs ever taken, after a new documentary challenged 50 years of accepted journalism history.
A new book How to Kill a Witch brings a dark period of history back to grisly life – and an official tartan is being released to memorialise some of those who were tortured and killed.
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