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Republican candidates press Trump to end Iran war

Republican candidates in several closely contested US races are urging President Donald Trump to bring the war with Iran to a swift end, widening a party split as soaring fuel costs and voter dissatisfaction intensify pressure ahead of November’s midterm elections. The shift is most visible among Republicans who had previously supported Trump’s military campaign or opposed congressional efforts to restrain it. Mike Rogers, the Republican Senate […]

Trump targets $810 million in congressionally approved spending

President Donald Trump has moved to cancel $810 million in spending authorised by Congress, invoking a disputed budget mechanism days before the federal fiscal year ends. The White House announced the package on Friday, saying the administration was using a “pocket rescission” to eliminate unspent money across 11 funding accounts at seven departments and agencies. The largest reduction is $567 million from Health and Human Services programmes […]

Midterms expose AI stocks to rising political pressure

US midterm elections are emerging as a fresh policy risk for artificial intelligence-linked stocks as President Donald Trump defends rapid AI development while candidates from both parties respond to widening voter resistance to data centres and calls for tighter safeguards. The political pressure intensified this week after Trump rejected demands for a slowdown in advanced AI development and argued that existing laws and enforcement powers were sufficient […]

Senate blocks crypto market bill in procedural vote

The US Senate failed to advance the Digital Asset Market Clarity Act on Tuesday, halting the cryptocurrency industry’s strongest attempt to secure a comprehensive federal market structure framework and pushing the regulatory burden back towards existing agencies. The cloture motion on the measure, H. R. 3633, was rejected 49-50, according to the Senate’s official roll call. Sixty votes were required to end debate on the motion to […]

Senate blocks CLARITY Act despite White House data

The US Senate failed to advance the CLARITY Act on Tuesday, handing the cryptocurrency industry a major setback despite a late White House effort to challenge banking-sector warnings that stablecoin rewards could drain deposits and curb lending. The procedural vote ended 50-49 in favour of advancing the legislation, 10 votes short of the 60 required. Republican senators Jerry Moran, Rand Paul, Josh Hawley and Thom Tillis joined […]

Banking groups challenge CLARITY stablecoin safeguards

Eight major US banking trade groups have urged Senate leaders to tighten the CLARITY Act’s restrictions on stablecoin rewards, warning that a new regulatory “circuit breaker” would take effect only after damaging deposit outflows had already occurred. The warning came in a joint letter sent on Monday to Senate Majority Leader John Thune and Democratic Leader Chuck Schumer ahead of a procedural vote scheduled for Tuesday, September […]

Sanders and Bannon converge on Washington AI safeguards

US Senator Bernie Sanders and former Trump adviser Steve Bannon will appear at a Washington gathering on Tuesday, joining labour, religious and political figures calling for controls over advanced artificial intelligence. The Pro-Human Assembly, organised by the Future of Life Institute, is expected to bring together participants who rarely share a political platform but have converged around concerns that advancing AI could threaten jobs, autonomy, democratic institutions […]

Dogecoin co-creator jokes about $1.2 trillion US purchase

Dogecoin co-creator Billy Markus has joked that the US government should spend $1.2 trillion buying Dogecoin and distribute the cryptocurrency to Americans, turning a contentious cash-dividend proposal into a meme-coin thought experiment rather than advancing a formal policy plan. Markus, who uses the name Shibetoshi Nakamoto on X, made the remark on September 12 while responding to President Donald Trump’s promise of a $5,000 payment to every […]

Vance gains ground in Republican 2028 succession race

Vice-President JD Vance has emerged from the Republican midterm convention in Dallas with his standing as a potential 2028 presidential contender enhanced, after a keynote speech drew chants from delegates and fresh praise from President Donald Trump. Vance used Thursday night’s address to present himself as a defender of Trump’s political movement while urging Republicans to stay united ahead of the November midterm elections. Delegates repeatedly chanted […]

Trump warns Iran over Pickaxe Mountain activity

President Donald Trump warned Iran on Wednesday that the United States could strike Pickaxe Mountain after Washington detected activity at the deeply buried site near the damaged Natanz uranium enrichment complex. “We notice there’s a little activity at Pickaxe. I would advise Iran not to get cute because we will have to hit them very hard,” Trump told a Republican midterm convention in Dallas, sharpening warnings he […]

Lawmakers press Trump as Iran war reaches six months

US lawmakers renewed demands for President Donald Trump to end the war with Iran as the conflict passed its six-month mark, while the White House shifted emphasis towards economic pressure and Trump signalled no urgency to restart negotiations. Republican Representative Thomas Massie and senior Democrats used Friday’s milestone to challenge a war that began on February 28 with coordinated US and Israeli strikes. Massie said the conflict […]

US revokes visa of Iraq’s former finance chief

The United States has revoked the visa of former Iraq finance minister Taif Sami Mohammed Al Shakarchi after she was placed on the FBI’s terrorism watchlist, marking an extraordinary reversal in Washington’s treatment of an official it honoured four years ago for fighting corruption. The State Department confirmed on Friday that Mohammed’s visa had been cancelled following her placement on the Federal Bureau of Investigation’s Terrorist Screening […]

Lake America order puts digital maps in bind

President Donald Trump has ordered Lake Ontario to be renamed Lake America for United States federal purposes, creating an unusual cartographic problem for technology companies mapping a single body of water shared with Canada. The executive order signed on August 27 directs the Interior Department and the US Board on Geographic Names to change the federal designation within 30 days and update the Geographic Names Information System, […]

Hormuz: Trump’s territorial bravado and Iran defiance

Azad Mirza Nearly six months into the US-Israel war on Iran, the Strait of Hormuz has become less a shipping lane than a rhetorical battlefield. This week that theatre reached a new pitch: Donald Trump posted an AI-generated map on Truth Social labelling the waterway “NEW US Territory,” insisting the strait is “open and operating” […]

The article Hormuz: Trump’s territorial bravado and Iran defiance appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Trump asks Americans to bear higher fuel costs

Arabian Post Staff -Dubai President Donald Trump has urged Americans to tolerate higher gasoline prices as the economic cost of stopping Iran from acquiring a nuclear weapon, while escalating tensions by saying he would soon declare the Strait of Hormuz US territory. Speaking in Garden City, New York, on Friday, Trump acknowledged the pressure that rising fuel costs were placing on households but argued that preventing Tehran […]

Trump shifts Iran strategy towards economic pressure

The Trump administration is intensifying economic pressure on Iran as Washington struggles to translate months of military operations into political concessions from Tehran. The strategy combines tighter sanctions, restrictions on oil exports and a renewed naval blockade while preserving the threat of further strikes. President Donald Trump’s government appears increasingly focused on weakening Iran’s ability to finance the state, military forces and regional operations rather than relying […]

Blanche scraps disputed fund before Senate vote

Acting US Attorney General Todd Blanche has formally cancelled a $1.776 billion “anti-weaponisation” fund after two Republican senators threatened to block his confirmation, removing a major obstacle before a decisive Senate Judiciary Committee vote on Tuesday. The Justice Department order terminated the fund before it became operational. No commissioners had been appointed, no claims had been processed and no money had been transferred. Blanche also clarified that […]

Trump loses faith in Iran talks as war widens

President Donald Trump has cast doubt on renewed negotiations with Iran and warned that US military attacks could intensify, deepening fears that the five-month conflict will extend further across the Middle East. Speaking during a Cabinet meeting at Camp David, Trump said he was losing confidence in Iranian negotiators because they had misrepresented their intentions. He indicated that Washington was preparing to strike Iran harder unless Tehran […]

Clarity Act speculation raises crypto sell-off fears

Cryptocurrency markets face renewed volatility as an Ethereum developer warns that expectations surrounding the United States’ CLARITY Act could trigger a deeper sell-off if lawmakers fail to deliver the regulatory breakthrough already anticipated by traders. Econar, a long-time Ethereum builder and commentator, said digital assets could stage only a limited rise as speculation about the legislation intensifies. Failure to pass the bill could then push prices below […]

Can The US-Iran Peace Deal End Decades Of Hostility In West Asia?

House vote sharpens Trump Iran rift

Arabian Post Staff -Dubai A divided US House of Representatives has approved a war powers resolution directing President Donald Trump to end American military involvement in Iran, handing the White House a symbolic but politically pointed rebuke as unease grows on Capitol Hill over the scope and duration of the conflict. The measure passed 215-208 on Wednesday, with four Republicans breaking ranks to join Democrats in support. […]

Crypto bill delay threatens US rulebook reset

Washington faces a narrowing window to pass the CLARITY Act, with Senator Cynthia Lummis warning that failure to move the digital asset market structure bill through Congress this session could leave the country without comprehensive crypto rules until 2030. The warning has sharpened pressure on lawmakers, regulators and industry groups after years of legal uncertainty over whether many digital tokens should be treated as securities, commodities, payment […]

Murkiness of Hormuz timetable threatens an oil price spiral

Matein Khalid US President Donald Trump’s recent state visit to China has done little to end the stalemate in the Strait of Hormuz. If anything, Iran appears to have been emboldened enough to escalate Gulf tensions through drone strikes near the Barakah Nuclear Energy Plant in Abu Dhabi and rocket attacks targeting sites in Saudi Arabia. Brent crude trading at about $110 a barrel has coincided with a brutal sell-off […]

Trump signals Iran strait deal progress

President Donald Trump said a proposed agreement with Iran to reopen the Strait of Hormuz has been “largely negotiated”, raising hopes of a diplomatic breakthrough after months of conflict disrupted one of the world’s most important energy routes. Final terms are still being discussed among Washington, Tehran and regional governments, with an announcement expected once the remaining points are settled. Trump said the framework followed calls with […]