Page 5 - Trump Administration

Trump's huge financial windfall has few precedents among world leaders

President Trump's earnings in office are at a level once unimaginable for any leader of a liberal democracy, particularly a sitting American president

OpenAI proposes handing Trump administration 5% stake, say reports

OpenAI has reportedly discussed giving the US government a 5% stake as Washington weighs stricter oversight of AI and broader public participation in the sector's growth

Chip-maker Micron announces $250 million investment in Trump Accounts

Sanjay Mehrotra-led Micron Technologies announced a USD 250 million investment in the Trump Accounts programme, a long-term savings initiative for children, a move that was welcomed by President Donald Trump. Mehrotra, the CEO of Micron, said as part of this initiative, the company is launching an employee matching benefit for contributions up to USD 1,000 per child under 18. Additionally, Micron will provide a community benefit of a one-time USD 250 seed deposit for children with Trump Accounts where the company operates in Idaho, New York, Virginia, California, Colorado, Minnesota and Texas. "This incredible gesture, made by Micron's fantastic CEO, Sanjay Mehrotra, will make many children extremely happy someday in the not too distant future," Trump said on Truth Social on Wednesday. He called it "the BIGGEST CORPORATE Investment of its kind." A Trump account can be opened for any American child under 18 with a Social Security number. Individuals, employers and others can depos

Trump may visit India next year, trade deal close to finalisation: Rubio

India-US ​ties have been rocky ‌over the past year since Washington imposed high tariffs ‌on Indian goods, punishing New Delhi for purchasing Russian oil, ​and engaging closely with Pakistan

Apple seeks US govt approval to buy chips from blacklisted Chinese company

The iPhone maker ​has lobbied the White House for approval aimed at easing ​financial pressure on the company from rising memory chip prices

Anthropic's Mythos 5 AI model gets approval from Trump admin for wider use

The clearance eases a confrontation that erupted two weeks ago when the government abruptly barred Anthropic from giving foreign nationals access to Mythos 5 and a related model, Fable 5

US' doors are closed to asylum seekers: White House Dy Chief of Staff

The comments come as the US Supreme Court on Thursday ruled that government officials can turn away asylum seekers at the southern border with Mexico if they have not yet set foot on US soil

US Army to build critical minerals processing plants on military bases

REalloys Inc., Titan Mining Corp., ioneer Ltd. and Energy X have reached agreements with the Pentagon to build facilities for processing rare earth minerals, graphite, lithium and boron

Rubio hails US-Gulf Arab unity despite region's concerns about Iran deal

US Secretary of State Marco Rubio said Thursday that relations between the United States and its Gulf Arab partners are rock solid, despite fears by some of them that they might be left out of discussions aimed at ending the war with Iran. Rubio used a three-day, three-nation trip to the United Arab Emirates, Kuwait and Bahrain this week to try to convince all the members of the Gulf Cooperation Council that the Trump administration does indeed have their backs in negotiations to end the war President Donald Trump and Israel launched on Feb. 28. That conflict sharply curtailed the region's oil exports and saw several Gulf countries take direct retaliatory Iranian missile and drone hits. "They've shared with us some very concrete concerns, ideas," Rubio said in Bahrain, the last stop on the trip. "And when I say concern, the biggest concern is that they really just want to be informed every step along the way as we enter these negotiations at both the technical and political ...

Watergate would be 12-hour news story today: Vance compares Trump to Nixon

Vice President JD Vance on Thursday said the Watergate scandal that brought down President Richard Nixon would have been a blip in today's news cycle, and he drew parallels between Nixon and President Donald Trump -- arguing that both were targeted by "deep state" forces. Vance described his admiration for Nixon during a conversation at the Richard Nixon Presidential Library in Yorba Linda, California. Widely expected to be a presidential contender in 2028, Vance spoke at the library while promoting his new book, "Communion." After talking about the book and his faith journey, Vance shifted to Nixon, saying the legacy of the 37th president is "enjoying a bit of a renaissance." "If Watergate happened tomorrow, it would be like a 12-hour news story. The idea that it would have taken down a presidency is crazy," Vance said. He went on: "If you look at the story of how the deep state took down Richard Nixon, it's not all that different from what the same groups of people, the same ...

US Senate approves war powers resolution in rebuke to Trump over Iran war

The Senate for the first time approved a war powers resolution Tuesday seeking to block US military action against Iran, as lawmakers warily watch President Donald Trump's efforts to resolve a conflict that the administration launched on its own and now needs Congress to fund. It was the 10th time the Senate has tried to stop the war, and the outcome, on a vote of 50-48, was a stunning turnaround from past efforts. While the resolution is largely symbolic, and does not fully carry the force of law, it reflects the growing concerns from a number of Republican lawmakers in both the House and Senate over both the war and the deal Trump struck with Iran to end it. The House approved the resolution earlier this month. "Time after time, the vast majority of Senate Republicans sided with Trump and his war instead of the American people," said Senate Democratic Leader Chuck Schumer. Schumer said Americans have paid the price for "Trump's historic blunder in Iran. It'll go down in the histor

Trump admin touts Iran deal as payday for US farmers, Tehran denies it

US President Donald Trump and Vice President JD Vance say their interim deal to end the war with Iran will deliver a financial windfall to American farmers. But the Iranians deny it. And, in the absence of more details, sanctions experts are flummoxed over exactly how billions of dollars' worth of Iranian assets would make their way to the American heartland from the escrow accounts where they have been locked for years by US sanctions. A tentative agreement reached last week would reopen the Strait of Hormuz, through which a fifth of the world's oil and natural gas once passed, and allow Iran to start selling its oil freely again during a 60-day period when the two countries will continue negotiating key issues. The memorandum of understanding also promised to unfreeze Iranian assets. Trump's deal has come under fire for failing to address the reasons the president cited for going to war with Iran on February 28, including curbing Tehran's nuclear ambitions, its missile programme a

A revealing chronicle of Trump's imperial presidency and its contradictions

Regime Change chronicles Donald Trump's turbulent second term, portraying a presidency shaped by power, spectacle, loyalists and mounting political challenges

With Lebanon ceasefire set, Trump envoy heads to Switzerland for Iran talks

The development comes a day after Vice President JD Vance canceled plans to attend the talks, which were called off amid the renewed fighting in Lebanon

Unfair to deny Iran ballistic missiles if other nations have them: Trump

The US and Israel launched the war on Iran on February 28, assassinating the 86-year-old Supreme Leader Ayatollah Ali Khamenei and military leaders on the first day

Iran deal includes $300 bn fund, more than half of which already committed

Iran has attracted almost no significant foreign direct investment in the past four decades, frozen out of global capital markets by successive waves of US and international sanctions

Howard Lutnick's letter to Anthropic warned of curbs on top AI models

The letter ordered Anthropic not to give its Fable 5 and Mythos 5 artificial intelligence models to foreign nationals anywhere in the world without a license from the Commerce Department

Vance to lead US delegation to ink Iran peace deal in Switzerland: Trump

Vice President JD Vance will lead the US delegation for the in-person signing of the peace deal with Iran in Switzerland on Friday, President Donald Trump said. Both Trump and Vance have electronically signed the framework agreement with Iran's lead negotiator Mohammad Bagher Ghalibaf, according to a senior US official quoted by The New York Times. In a media interaction in France on Monday, Trump said Vance will attend the signing ceremony. "I may be involved, I may not," the president said in response to a question on his presence at the signing ceremony. The text of the Memorandum of Understanding will be released "pretty soon... sometime after Friday", Trump said. In media interviews here, Vance said the peace agreement was signed digitally on Sunday, and its full text was likely to be made public later this week. "We already signed the deal digitally yesterday (Sunday)," Vance said on the Good Morning America programme on ABC News. The deal was negotiated through mediators

Trump celebrates 80th birthday with Iran deal ahead of UFC cage fight at WH

President Donald Trump marked turning 80 on Sunday by hailing an agreement to end the war in Iran hours before a birthday celebration that once would have seemed unfathomable: a cage-fighting show on the storied South Lawn of the White House. He had been touting the emerging deal for weeks, and last-minute strikes in the conflict had threatened to overshadow the ostentatious UFC mixed martial arts extravaganza - where combatants sealed inside a wire-mesh octagon try to punch, kick, chop and pummel each other into submission. Hour before the fights began, the president said an agreement to end the conflict "is now complete" and declared that the US will end its blockade of Iran and that Strait of Hormuz would reopen, potentially easing high oil prices and skittish global markets. But the crucial details are still to be negotiated. Word of the deal will allow the president to be especially jubilant as he walks out of the White House for the fights. Cabinet leaders, Republican lawmaker

US govt's curbs on Anthropic models reignite calls for sovereign AI

The US move to restrict access to Anthropic's latest AI models has intensified concerns over AI sovereignty and technology dependence in India