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“It appears prefer it’s about $3.1bn – it went up a little bit bit or lots,” mentioned Donald Trump, handing Jerome Powell a chunk of paper as they stood amid building on the US Federal Reserve’s Washington HQ. The normally unflappable Fed chief seemed irritated, closed his eyes and shook his head. “I’m not conscious of that,” mentioned Powell.
Powell scanned the paper and identified the determine wrongly included the price of renovations for a unique Fed constructing that was performed 5 years in the past. “It’s not new,” mentioned Powell.
Right here’s extra on this and the day’s different key Trump administration tales.
Trump and Powell conflict on digital camera over Fed renovation price
Donald Trump sparred with the Federal Reserve chair, Jerome Powell, on Thursday throughout a uncommon presidential go to to the central financial institution’s headquarters.
Trump was persevering with his marketing campaign to strain the Fed to chop rates of interest and was visiting its Washington headquarters to view expensive renovations he has prompt are tantamount to fraud.
Having known as Powell a “numbskull” for the Fed’s current selections to not reduce charges, Trump has turned up the strain on Powell with criticism of the $2.5bn invoice for renovating the Fed’s historic buildings.
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US and Israel ditch ceasefire talks
The US is withdrawing its negotiating staff from Gaza ceasefire talks in Qatar after Donald Trump’s particular envoy, Steve Witkoff, pointed the finger at Hamas for a “lack of want to achieve a ceasefire”.
“Whereas the mediators have made an awesome effort, Hamas doesn’t seem like coordinated or performing in good religion,” Witkoff mentioned on Thursday. “We’ll now think about various choices to deliver the hostages residence and attempt to create a extra steady surroundings for the individuals of Gaza.”
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Trump DoJ officers meet with Ghislaine Maxwell
The Jeffrey Epstein information scandal swirling round Donald Trump and his administration continued to escalate on Thursday as officers from the Division of Justice met with the late intercourse offender’s longtime affiliate Ghislaine Maxwell, whose lawyer mentioned she “answered each query … truthfully and to the very best of her skill”.
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Invoice Clinton reportedly despatched Jeffrey Epstein observe for birthday album
Former president Invoice Clinton additionally despatched a birthday letter to Jeffrey Epstein, the Wall Avenue Journal reported. Final week, the Journal reported that Trump had authored a “bawdy” letter to Epstein as a part of a birthday album compiled by Ghislaine Maxwell.
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Blended response to Columbia College cope with Trump
Columbia College’s lengthy anticipated cope with the Trump administration after months of negotiations has drawn each condemnation and reward from school, college students, and alumni – an indication that the top of negotiations will hardly restore concord on a campus profoundly divided for the reason that starting of Israel’s conflict in Gaza.
David Pozen, a professor at Columbia Regulation Faculty, slammed the deal as giving “authorized type to an extortion scheme”, he wrote.
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Trump’s DoJ to research Obama over 2016 election
The US justice division has fashioned a “strike pressure” to research claims that the Obama administration carried out a “treasonous conspiracy” by utilizing false intelligence to recommend Russia interfered within the 2016 presidential election to assist Donald Trump.
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Venezuelans deported by Trump to El Salvador describe ‘horror film’ mega-prison
Venezuelan males who had been deported by the US to a infamous jail in El Salvador with out due course of are talking out about remedy they described as “hell” and like a “horror film”, after arriving again residence. A complete of 252 Venezuelan nationals had been repatriated within the final week in a deal between the US and Venezuelan governments, with many in a position to reunite with household after their ordeal in El Salvador.
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Trump cracks down on homelessness
The federal authorities is in search of to crack down on homelessness within the US, with Donald Trump issuing an govt order to push native governments to take away unhoused individuals from the streets.
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Trump indicators govt order to rein in ‘chaotic’ affect of cash on faculty sports activities
Donald Trump on Thursday signed an govt order prohibiting “third-party, pay-for-play” funds to varsity athletes, a transfer the White Home says is meant to curb the booster-funded bidding wars which have upended the panorama of faculty sports activities in recent times.
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What else occurred right this moment:
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South Park kicked off its twenty seventh season with a blistering episode taking purpose at Trump and its newly minted guardian firm, Paramount, simply sooner or later after signing a $1.5bn cope with the community.
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1000’s of workers on the US Division of Agriculture shall be pressured to take wage cuts and relocate out of the Washington DC space, as a part of a significant restructuring that consultants warn will additional weaken help for American farmers and complicate wildfire response.
Catching up? Right here’s what occurred on 23 July 2025.