Federal Reserve Chair Jerome Powell defended the bank's $2.5 billion headquarters renovation budget amid feud with Trump over interest rates.

Mr. President, this is the gavel used to enact the ‘big, beautiful bill,’” House Speaker Mike Johnson said at a White House signing ceremony on the Fourth of July. “I want you to have it,” he said. Handing over the gavel delighted President Donald Trump who,

Trump’s decision to help Ukraine fight an onslaught of Russian attacks reverses a Pentagon decision to withhold defensive weapons.

The Justice Department released a memo detailing Jeffrey Epstein’s 2019 death in prison. The report ruled out foul play, saying Epstein died by suicide, and found no evidence that he kept a list to incriminate those involved in his sex crimes.

On the foreign policy front, Trump said he will send more weapons to Ukraine after the Pentagon paused deliveries of the critically-needed supplies last week. Overnight, Russia launched what Ukrainian officials said was the largest aerial assault since the start of the war.