⚡ Trump Scraps Emissions Limits for Coal and Gas Plants
The Trump administration has revoked federal regulations that capped greenhouse gas emissions from coal- and gas-fired power plants, removing government limits on one of the largest sources of U.S. carbon output.
The rollback frees power plant operators from compliance requirements previously imposed under Biden-era rules. The move is expected to benefit the fossil fuel industry by reducing regulatory costs and operational constraints on existing and future plants.
📊 10-Year Treasury Yield Hits 5% for First Time Since 2007
The benchmark 10-year Treasury yield touched 5% on Monday, a level not seen since 2007, as a deepening bond-market selloff pushed borrowing costs higher.
Rising oil prices and growing unease over artificial intelligence contributed to the move, with investors shifting away from Treasuries in search of safety elsewhere.
The 5% threshold is closely watched as a signal of tightening financial conditions across mortgages, corporate loans and broader credit markets.
Lawmakers return this week amid a surge of alarm over artificial intelligence, with warnings coming from within the tech industry itself about the risks of unregulated AI development.
Calls for federal regulation have intensified as concerns grow that Congress has so far failed to act on the technology's rapid expansion.
The debate comes as AI's influence on the economy, national security, and daily life continues to widen — placing pressure on both parties to respond.
🇺🇸 Trump Rejects Tech Bosses' Calls To Slow AI Development
President Donald Trump has rejected demands from technology executives calling for a slowdown in artificial intelligence development, dismissing calls for regulation as AI safety concerns move to the center of U.S. political debate.
Trump's stance puts him at odds with a faction of tech leaders urging caution over existential risks posed by rapidly advancing AI systems. The president's position signals the administration intends to prioritize AI development over regulatory constraints.
The debate marks a shift in U.S. politics, with AI governance emerging as a significant policy flashpoint between the White House and parts of the technology industry.
🇺🇦 Trump Orders Zelensky to Stop Hitting Russian Refineries
President Donald Trump on Sunday publicly urged Ukrainian President Volodymyr Zelensky to halt military strikes on Russian oil refineries, saying the attacks are driving up fuel prices and creating a global diesel shortage.
"Mr. Zelensky has to do one thing: He has to stop knocking out diesel fuel in Russia," Trump told reporters. He cited U.S. diesel prices above $6 a gallon and said the strikes are "hurting the world."
Ukraine has been targeting Russia's oil and gas infrastructure with long-range strikes for months, prompting fuel rationing inside Russia. The demand marks a rare public rebuke by Trump of Kyiv's military strategy.
🇨🇳 China Threatens to Cancel US Summit Over Taiwan Arms
China has warned it will cancel a planned leaders' summit this month if Washington approves new arms transfers to Taiwan before the meeting, according to Kyodo News.
Beijing reiterated that Taiwan's status is an inviolable "red line." The warning follows heightened friction after Donald Trump previously described arms sales to Taiwan as a "bargaining chip" in dealings with China.
No date for the summit has been confirmed in the report, and no U.S. response has been cited.
🗳 GOP Maps Midterm Strategy as Iran and Trade Weigh on Economy
Republican leaders convened in Dallas for the party's midterm convention, centering their strategy on President Trump ahead of November elections where the GOP aims to hold both chambers of Congress.
The two-day event featured keynote addresses from Trump and Vice President Vance, tributes to the late conservative activist Charlie Kirk, and broader warnings to the party faithful. The convention comes as the economy faces pressure from the ongoing Iran conflict and a trade dispute with Canada.