Sunday, 2 August 2026

President Trump announced he is cancelling planned military strikes on Iran, claiming 'perimeters of a deal' have been reached in negotiations. Trump stated new talks will begin Monday, citing pressure from Gulf allies and Iran to pause operations.

Oil prices plummeted following Trump's announcement of a pause in Iran military strikes, as markets responded to the reduced likelihood of immediate escalation in the conflict.

Capital One disclosed it closed more than 300 Trump Organization-affiliated accounts in 2021 after a months-long anti-money laundering review, marking the first time a bank has formally tied money laundering concerns to Trump's family business.

A poll shows that a majority of Americans believe Trump has gone too far on immigration enforcement, though most Republicans still support his deportation approach.

The ACLU launched a nationwide legal challenge documenting alleged patterns of excessive force, unlawful arrests, and abuse by ICE agents during immigration enforcement operations.

A family is suing after Daphy Michel, a Haitian immigrant with mental illness, was released by ICE in 20-degree weather wearing only summer clothes and subsequently froze to death in a Pittsburgh bus shelter.

Senate Republicans are divided over Trump's demand to cancel August recess, with vulnerable GOP members warning it is 'tone-deaf' as they need to campaign in tight midterm races.

Trump targeted Biden-era Smithsonian Institution budgets in his fiscal proposal, cutting funding below $1 billion for the first time since 2020 as part of an anti-'woke' initiative documented in a 162-page White House report.

Widespread reporting followed the Truth Social early-access launch, with legal experts warning the scheme may constitute insider trading — allowing subscribers paying up to $100,000 per month to receive Trump's market-moving posts ahead of the general public and trade on them before wider release. The story drew comparisons to securities fraud and calls for congressional investigation.

The Department of Justice dropped its criminal case against former Olympian David Hearn, whom the Trump administration accused of vandalizing the Lincoln Memorial Reflecting Pool, after a review found construction issues with the renovation project.