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The Latest Breaking News from Scott Bessent

Repricing US gold reserves would be bullish for the market, signaling the precious metal is not a 'barbarous relic,' analyst says

If U.S. gold reserves were priced at the current market rate, the value would top $750 billion.

Fortune

Ukraine war briefing: Volodymyr Zelenskyy praises Keir Starmer for pledge of ‘ironclad support’

British prime minister insists Ukraine must be ‘at the heart of any negotiations’ on a peace deal. What we know on day 1,096Europe live: latest news on the Ukraine war

The Guardian - AU

‘Trusted capital from your long-term ally’: Australian super’s US trip to bolster efforts to avoid Trump’s steel tariffs

Super Members Council says summit may sway US president on tariffs on Australian industry after seeing scale of investment in US

The Guardian - AU

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Zelensky not ready to sign 'problematic' US minerals deal, sources say

The US and Ukraine have made significant progress towards a mineral deal, a source told the Associated Press

Evening Standard

No Injunction in Electronic Privacy Information Center v. U.S. Office of Personnel Management

Today's opinion is here. I'm on the run, and can't add more right now, but I thought I'd pass it… The post No Injunction in Electronic Privacy Information Center v. U.S. Office of Personnel Management appeared first on Reason.com.

Reason

US, China Economic Leaders Raise 'Serious Concerns' In First Call

US Treasury Secretary Scott Bessent and his Chinese counterpart He Lifeng raised mutual concerns on trade and economic issues in their introductory call Friday, as tensions between the world's two biggest economies simmer under President Donald Trump's second term.

International Business Times

President Donald Trump and Elon Musk want to check if there is still gold in Fort Knox

‘It would be cool to do a live video walkthrough of Fort Knox!’ the Tesla billionaire, father of alleged 13, said on X

The Independent UK

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US President Trump’s claims about Zelenskyy and Ukraine fact-checked

Trump is engaged in an escalating war of words with Zelenskyy, but his comments on the Ukraine leader are not accurate.

Al Jazeera

What to know about Fort Knox's gold depository

President Donald Trump says Elon Musk will be looking at Fort Knox, the legendary depository in Kentucky for American gold reserves, to make sure the gold is still there

The Independent UK

Stop criticising Trump and sign $500bn mineral deal, US official advises Kyiv

National security adviser says Ukraine is wrong to push back against Trump’s approach to peace talks with Russia

The Guardian - UK

Republicans Fact-Check Trump's Claim That Ukraine Started War With Russia: 'Factually Wrong'

Some GOP lawmakers distanced themselves from Trump's statements calling Zelensky a "dictator without elections" and blaming Ukraine for the war

Latin Times

French foreign minister makes rules-based order plea to global south over Ukraine

Jean-Noël Barrot tells G20 to prioritise those who support the law rather than power by force

The Guardian - UK

Trump And Musk Question Gold Reserves At Fort Knox

President Trump and Elon Musk discuss verifying gold reserves at Fort Knox, sparking public interest.

Top News

Ukraine Rejects Rare Earth Mineral Deal With US

Trump administration's rare earth mineral deal offer to Ukraine for past aid compensation was rejected by President Zelensky.

International Business Times

Senate Confirms Wall Street Billionaire Howard Lutnick As Commerce Secretary

Lutnick's role will be crucial in overseeing President Trump's economic agenda.

The Guardian - US

IRS reportedly preparing to give Musk’s Doge agency access to taxpayer data

US agency reviewing request for access to classified system containing personal financial records of US taxpayers

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The Guardian - UK

Trump policies make US ‘scary place to invest’ and risk stagflation, says Stiglitz

Uncertainty created by tariffs and contempt for rule of law will deter investment, says top economist

The Guardian - UK

Forget Trump’s tariffs, the president’s bond market threat is worse

Elon Musk’s crazed takeover of America’s financial plumbing risks shattering confidence in US institutions and in turn global financial stability

The Guardian - AU

Ukraine war briefing: Nothing about Ukraine without Ukraine, say European ministers

If we can’t join Nato we must build our own, says Zelenskyy; Russian trial begins over explosion that crippled Kerch bridge. What we know on day 1,086

Fortune

Trump wants lower interest rates, but inflation data came in hot

Wall Street is reckoning with the possibility the Federal Reserve will stand down on rate cuts this year.

The Independent UK

DOGE staffer accused of racist posts was ‘mistakenly’ given power to alter federal payments system

Marko Elez resigned from DOGE after unearthing of racist social media posts

Roll Call

Trump's choice to lead CFPB, McKernan, left FDIC Monday - Roll Call

President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the agency.

International Business Times

Trump Revives Call For Interest Rate Cuts, Inflation Data Makes That Unlikely

Trump has seemed to flip-flopped on interest rates since taking office.

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