The Latest Breaking News on US Politics

Prediction markets approach $200 million in wagered contracts on midterm elections

Welcome to the Monday, Aug. 3, 2026, Brew.

Ballotpedia · Aug 3

Trump Sells $100K-a-Month Access to Posts That Can Move a $75T Stock Market: 'An Outrageous Abuse'

Truth API explained: learn what the president's company charges for early sight of White House statements and why regulators face calls to investigate.

International Business Times UK · Aug 3

Todd Blanche Says 'Good Faith Discussions' Led to Termination of Trump's $1.8 Billion Fund Ahead of Senate Vote

Acting Attorney General Todd Blanche formally rescinded President Donald Trump’s $1.8 billion "anti-weaponization" fund on Sunday after negotiations with Republican senators whose opposition had jeopardized his nomination ahead of Tuesday’s Senate Judiciary Committee vote.

Benzinga · Aug 3

Peter Schiff Points to Trump's 'Lowest Ever' Approval Ratings Amid Soaring Inflation, Iran War — Odds Of Impeachment Remain High on Prediction Markets

Economist Peter Schiff highlighted President Donald Trump’s rapidly declining approval rating on Sunday, framing it as a reflection of the hardships facing average Americans.

Benzinga · Aug 3

Why immigration remains strong for Trump among Republicans, according to a new AP-NORC poll

Donald Trump's immigration approval has slipped to 39%, but it remains his strongest issue among Republicans, outpacing the economy and Iran, according to a new AP-NORC poll despite ongoing enforcement controversies.

The Economic Times · Aug 3

The not-so-secret filibuster society

President Donald Trump has made his position clear: He wants Senate Republicans to nuke the legislative filibuster and push through a sprawling voter ID bill. It’s enough to make some Republicans think twice before leaping to the filibuster’s defense, as the arcane details of Senate procedure spark strong emotions and…

Roll Call · Aug 3

Hunter Biden Says Trump Is Making 'Big Oil' Great Again as Chevron, Exxon Mobil Profits Soar—Gavin Newsom Says CVX Is 'Fleecing Californians'

Former President Joe Biden‘s son Hunter Biden and Gov. Gavin Newsom (D-CA) slammed Chevron Corp. (NYSE:CVX) and ExxonMobil Holdings Corp. (NYSE:XOM), accusing the oil giants of profiting from the war in Iran.

Benzinga · Aug 3

Social Security COLA: Why Your Expected 2027 Check Keeps Changing for One Reason

The 2027 Social Security COLA estimate keeps swinging between 3.6% and 3.8%, and energy prices driven by the US-Iran war are the reason. Here is what retirees can expect before October.

International Business Times UK · Aug 3

Ro Khanna Says 'What’s Actually Hurting' Americans Is Iran War and Billionaire Tax Breaks, Not Mamdani’s Food Desert Grocery Plan

Rep. Ro Khanna (D-Calif.) defended New York City Mayor Zohran Mamdani’s proposed grocery store plan, arguing that rising food prices and financial struggles are being driven by the Iran conflict and President Donald Trump’s tax policies, not food desert initiatives.

Benzinga · Aug 3

US senate leaders reach funding deal to avoid shutdown during campaign season

Key senators revealed a short-term spending bill to fund federal agencies past elections. This measure aims to prevent a government shutdown as lawmakers seek reelection. The bill extends current funding levels through December eleventh, which is unusual timing. Both parties wish to avoid blame for a potential shutdown before voters…

The Economic Times · Aug 3