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The Latest Breaking News from Trump

Trump Accounts Spark New Debate Over Social Security Privatization

Trump Accounts have suddenly dragged one of Washington’s most explosive retirement debates back into the spotlight: whether Americans should eventually direct some Social Security money into personal investment accounts. The accounts currently give eligible children a new tax-advantaged investment vehicle, but Sen. Ted Cruz’s comments have sparked questions about whether…

The Free Financial Advisor

Trump’s IRS boss spied on colleagues’ emails when he worked at JPMorgan: report

Bisignano denied allegation that he had spied on colleagues while serving as an executive of JPMorgan Chase

The Independent UK

Another AI Leader In The Trump Admin Has Quit. He Lasted Three Months

The leader of the Trump administration's AI safety and security organization has quit after three months on the job.

International Business Times

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Leavitt's First Briefing Back Covers the Waterfront — But Talks Around the Week's Deadliest Immigration Story

Leavitt's first briefing since maternity leave covered election hype, cooling inflation, and a betting scandal — but sidestepped the deadliest immigration story of the week.

Latin Times

Trump Accounts: Comparing the 5 Selected Low-Cost Index ETFs

The Treasury named low-cost index funds eligible for Trump Accounts, including SPYM, IVV, VTI, SPTM, and ITOT, with SPYM as the default option at launch.

MarketBeat

New School economist: Trump Accounts will widen America’s wealth gaps

The $1,000 Baby Bonus is projected to grow to just $4,000 — unless you're already rich.

Fortune

Trump's New Student Loan Law Is Quietly Blocking Public Service Workers From Loan Forgiveness— and Most Won't Know Until It's Too Late

Federal student loan borrowers pursuing Public Service Loan Forgiveness, or PSLF, are facing new eligibility rules after key provisions of President Donald Trump‘s One Big Beautiful Bill Act took effect on July 1, changing which repayment plans qualify and limiting options for some Parent PLUS borrowers.

Benzinga

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US court says Donald Trump's 'censorship' visa policy likely violates free speech

A judge has temporarily blocked a Trump administration immigration policy. This policy targeted foreign researchers and fact-checkers working on misinformation. The judge found the policy likely violated the First Amendment and APA. This ruling allows researchers to continue their important work without fear. The litigation will now proceed on the…

The Times of India

Tariff Refund Update [Updated]

Important progress has been made on repaying illegally collected tariffs. But serious problems remain, including some caused by the Trump Administration's efforts to keep some of the illegally collected loot.

Reason

I tortured myself for 2 weeks with the Trump Phone — here's 3 phones under $500 that are way better

Thinking about buying the Trump Phone T1? I spent more than a couple of weeks testing it out and here three phones under $500 that are better.

Tom’s Guide

Kristi Noem, Bryon Noem Divorce Soon? How ICE Barbie's Mum Reportedly Confirmed Couple's Split to the Press

Kristi Noem's mother says the former US official and her husband Bryon are heading for divorce after his alleged involvement in an online 'bimbofication' scandal.

International Business Times UK

Opening a Trump Account for Your Child? Assets Could Reduce College Aid Eligibility by 20%

Trump Accounts, with their $1,000 Treasury contributions, might affect your child's need-based financial aid eligibility by up to 20%. Learn about the implications for FAFSA and potential tax consequences.

International Business Times UK

What Is Trump Account: Should Parents Sign Up Their Kids for the New $1,000 Investment Program?

Trump Accounts offer a new savings option for children in the US, combining government funding, private contributions, and long-term investing to support future education, home buying or business ventures.

International Business Times UK

Trump Accounts Could Attract $100 Billion in New Private Commitments, Brad Gerstner Predicts: 'We Have Tens of Billions… We Haven't Announced'

Trump Accounts could attract more than $100 billion in additional private commitments over the next 12 months, according to Altimeter Capital founder and CEO Brad Gerstner, who said businesses and philanthropists are increasingly backing the government-backed investment program for children.

Benzinga

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International Business Times UK

Bombshell Lawsuit: Trump Admin Accused of Sharing Secret Data on Iranian Asylum Seekers

A lawsuit accuses the Trump administration of sharing confidential asylum data with Iran, allegedly exposing Iranian asylum seekers to persecution, torture, and death.

International Business Times UK

The Washington Post Lawsuit Ruling Reveals Why Trump Media's $3.8 Billion Case Collapsed

A federal judge dismissed Trump Media's $3.8 billion defamation lawsuit against The Washington Post, citing insufficient evidence of actual malice. Trump Media is considering an appeal.

Saving Advice

SSA Just Launched the Trump Account Enrollment Process—What Parents and Grandparents Should Know

If you’re a parent or grandparent looking to jumpstart a child’s financial future, the Social Security Administration (SSA) has made it easier to enroll eligible...

Fortune

Babylist CEO: The Trump Accounts gold rush is overlooking moms

Every baby born in America qualifies for $1,000. Whether families use it depends on whether the industry understands the success lies with moms.

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Benzinga

SpaceX's Gwynne Shotwell Pledges SpaceX Stock for 2 Million Children Through Trump Accounts

Space Exploration Technologies Corp. (NASDAQ:SPCX) President Gwynne Shotwell said she and her husband will donate SpaceX shares to "Trump Accounts" for more than 2 million American children.

International Business Times UK

Trump Cracks Down On Marriage Green Cards By Enforcing Spouses Into Intense Interrogations And Deep Bank Vetting

The USCIS's new policy memorandum introduces discretionary measures for marriage green card applicants, affecting the predictability of the process without mandating intrusive interrogations or financial scrutiny.

Fortune

Trump Accounts are now available for kids. Here's where the money will be invested in the stock market—in line with Warren Buffett's advice

Money contributed to Trump Accounts at launch will be put in the State Street SPDR Portfolio S&P 500 ETF as an initial default investment.

The Independent UK

Turns out the hottest club in America is still Mar-a-Lago

IN FULL

The Texas Tribune

Federal appeals court rules undocumented immigrants deserve hearing before deportation

The 2-1 ruling stems from the detention of three longtime Texas residents. The Trump administration argued they didn’t deserve a bond hearing because the government plans to deport them.

Benzinga

Why Trump Accounts Picked IVV, VTI and SPYM: The ETF Strategy Behind America's New Child Investment Plan

The U.S. Treasury has unveiled the investment lineup for the new Trump Accounts program, opting for some of the largest, lowest-cost index ETFs in the market rather than specialized or actively managed funds, according to Reuters. The decision places broad-market exposure at the center of a program designed to encourage…

The Independent UK

Trump’s state fair melts under heat as ACs stop working forcing some exhibits to close

The punishing heat is the latest setback for Trump’s MAGA-aligned fair

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