Treasury Secretary Scott Bessent announced Monday that U.S. and Chinese negotiators have reached a framework agreement on TikTok’s future. He said President Trump and Chinese President Xi Jinping will speak Friday to finalize the deal. Bessent added that the agreement is between private parties and commercial terms are settled. The deal ensures millions of Americans can keep using the app. (Story URL)
President Trump has again threatened to assume control of Washington, D.C.’s police force. His warning comes after Mayor Muriel Bowser refused to let local officers assist ICE agents. In a Truth Social post, Trump wrote that he would declare a national emergency and federalize police if needed. Bowser responded that immigration enforcement is not part of the Metropolitan Police Department’s duties. (Story URL)
The Department Of Justice has filed a lawsuit against Uber, accusing the company of refusing rides to passengers with service dogs or mobility devices such as wheelchairs. The suit seeks $125 million in damages for riders who reported discrimination to Uber or federal officials. In 2022, Uber settled with the government over similar ADA violations involving wait time fees. (Story URL)
President Trump announced that three people were killed in a second U.S. strike on an alleged Venezuelan drug boat. He said U.S. forces carried out the operation in international waters against what he called “extraordinarily violent drug trafficking cartels and narcoterrorists.” Trump wrote on social media that the group was transporting narcotics toward the United States. (Story URL)
President Trump said Monday that U.S. public companies should stop filing quarterly earnings reports and switch to a six‑month schedule. The Securities and Exchange Commission, which has required quarterly reports since 1970, would need to approve any change. Wall Street investors rely heavily on quarterly earnings to measure company performance, and many firms hold calls to discuss results. (Story URL)
