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The Latest Breaking News from White House

US says $100,000 fee for H-1B visas will not apply to existing holders

As Trump’s order stirs anxiety, White House says the fee applies to new applicants and will be levied per application.

Al Jazeera

TikTok Algorithm To Be 'Controlled By America' As US Nears Majority Stake In Landmark Split Deal

On Saturday, the White House said a long-awaited agreement on TikTok would hand Americans control of the app's powerful algorithm and place the platform under a U.S.-led board.

Benzinga

Trump ‘border czar’ Tom Homan reportedly accepted $50,000 in cash from undercover FBI agents

Alleged handoff occurred before Trump won second presidency, after which administration killed federal corruption case

The Guardian - US

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Trump’s DOJ shut down investigation into Tom Homan after he allegedly accepted $50,000 from undercover FBI agents, report claims

A White House spokesperson called the probe ‘blatantly political’ and said it yielded ‘no evidence of illegal activity’

The Independent UK

Trump's new H-1B fee won't apply to existing visa holders, official says

The $100,000 fee for the highly prized visa is intended to boost jobs for U.S. workers.

Axios

Tulsi Gabbard did not alert White House before revoking 37 security clearances

Exclusive: White House only realized afterwards that clearances at the CIA and in Congress had been rescinded

The Guardian - US

Feds have found no links between Kirk assassination suspect and left-wing groups, report says

Source tells NBC News: ‘Every indication so far is that this was one guy who did one really bad thing because he found Kirk’s ideology personally offensive’

The Independent UK

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White House Says $100,000 H-1B Visa Fee To Be One-time Payment

The White House issued a major clarification Saturday to its new H-1B visa policy that had rattled the tech industry a day earlier, saying a $100,000 fee will be a "one-time" payment imposed only on new applicants.

International Business Times

Powell showed he's still 'firmly in control' after White House adviser Miran's first FOMC meeting, former Fed official says

"Their actions demonstrate integrity, commitment to the Fed’s mission and the importance of sustaining the central bank’s independence."

Fortune

TikTok deal will be signed soon, with U.S. control of algorithm, White House says

It's still not clear exactly who will own the app or how the deal will work in practice for users.

Axios

Americans Would Dominate Board Of New TikTok US Entity: W.House

A deal for the Chinese parent company of popular video-sharing app TikTok to sell its US operations would see the creation of a board dominated by Americans, the White House said Saturday.

International Business Times

History teaches us that authoritarians use any excuse to seize power

Nazis used the 1933 Reichstag blaze to justify snuffing out civil liberties. In the US, the calls for a crackdown have already begun

The Guardian - US

Conor McGregor announces planned return to UFC with White House fight

IN FULL

The Independent UK

Conor McGregor confirms UFC return for White House card as opponent revealed

McGregor has not fought since back-to-back losses to Dustin Poirier in 2021

The Independent UK

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The Independent UK

Trump to sign proclamation imposing $100K fee for H-1B visa applications, White House official says

President Donald Trump is preparing to sign a proclamation that will require a $100,000 application fee for H-1B visa applications

Barchart

Dollar Climbs with Bond Yields

The dollar index (DXY00 ) on Friday rose by +0.31%. Higher T-note yields on Friday supported the dollar. The dollar also found support Friday on weakness in the British pound, which fell to a 2-week low after the UK’s Aug government borrowing exceeded estimates. The dollar fell back from its...

The Independent UK

‘Our brand is crisis:’ Trump staffer caught on hot mic during Starmer meeting as he cites Sandra Bullock satire

The 2015 film portrayed an American political consultant hired to help a Bolivian politician win a presidential election

Fortune

Behind closed doors, a majority of CEOs admit they won't boost U.S. investment as tariffs hurt their businesses

During a gathering of top CEOs organized by the Yale School of Management, 62% said they don't plan to invest more in U.S. manufacturing and infrastructure.

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news in one place.

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Barchart

Higher Bond Yields Boost the Dollar

The dollar index (DXY00 ) today is up by +0.22%. Higher T-note yields today are supporting gains in the dollar. The dollar is also climbing today on weakness in the British pound, which fell to a 2-week low after the UK's Aug government borrowing exceeded estimates. The dollar fell back...

The Independent UK

White House press secretary Karoline Leavitt now has her own Secret Service detail: report

Trump’s then-White House press secretary Sarah Huckabee Sanders was also given a Secret Service detail during the president’s first term

The Guardian - US

Trump mega-donor privately mocked his claim to have upper hand with China

Liz Uihlein sent staff email with cartoon of Trump saying ‘I hold the cards’ to which Xi says ‘the cards are made in China’

The Conversation

The president as partisan warrior: Trump’s rejection of traditional presidential statesmanship

In a classic work on the modern presidency originally published in 1960, political scientist Richard Neustadt wrote that the American public “expects the man in the White House to do something about everything.”

MarketBeat

Joby's Stock Is Quiet, But Its Commercial Engine Is In Overdrive

Joby Aviation (JOBY) secures Uber access and a White House eVTOL pilot fast-track, creating powerful catalysts while shares consolidate near $14.

The Independent UK

Trump to invite King to US for Independence Day anniversary

IN FULL

Benzinga

White House AI Czar David Sacks Warns Washington Must Let US Chipmakers Like Nvidia Sell Abroad Or Risk Forfeiting AI Race To Huawei And China

On Thursday, White House AI and crypto czar David Sacks urged Washington to update export control policies, warning that restricting U.S. companies like Nvidia Corp. (NASDAQ:NVDA) from selling chips abroad could hand Chinese companies such as Huawei Technologies the advantage in the global race for artificial intelligence dominance.

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