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🏛 Senate GOP Rejects House's $95B Reconciliation Plan

Senate Republicans are pushing back hard against a House GOP proposal for a $95 billion budget reconciliation package, saying it has little chance of passing the upper chamber.

The House plan includes $73 billion to help fund the Iran war and $10 billion for election reforms. Senate Republicans have signaled staunch opposition, creating a significant intra-party rift despite White House backing for the measure.

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🏛 Warren: CFPB Rollback Has Cost Americans $26.5 Billion

Sen. Elizabeth Warren says the Trump administration's dismantling of Consumer Financial Protection Bureau rules and enforcement actions has cost Americans up to $26.5 billion to date.

Warren, a longtime CFPB champion, released the figure as the administration continues scaling back the agency's oversight functions — halting enforcement cases and rolling back consumer protection regulations put in place under previous administrations.

The CFPB was created after the 2008 financial crisis to police lending, debt collection and banking practices. Its curtailment has drawn sharp criticism from Democratic lawmakers and consumer advocates.

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🇮🇷 Iran Releases U.S. Citizen as Gulf Strikes Escalate

Iran and the United States exchanged intensified strikes Thursday, effectively tearing up last month's ceasefire, as the U.S. launched two waves of airstrikes in a single day — the first such double strike since the truce paused fighting — targeting sites near Iran's southern coast.

Amid the escalation, Iran released a U.S. citizen, a move analysts see as a potential signal of willingness to de-escalate and avoid a return to all-out war.

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💵 Inflation Drives Food Bank Demand Past Pandemic Levels

A Dallas food bank reports demand for food assistance has surpassed levels seen during both the 2008 financial crisis and the COVID-19 pandemic, according to a Federal Reserve survey.

The findings highlight mounting pressure on low-income Americans as inflation continues to strain household budgets, with food banks and affordable-housing providers struggling to meet rising need.

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🛂 Trump Pushes ICE To Resume Traffic Stops After Fatal Shootings

President Donald Trump publicly urged ICE to continue using traffic stops, appearing to oppose the agency's own temporary suspension of the tactic following two fatal shootings within roughly a week.

Three people died during encounters with federal immigration officers in Texas and Maine. ICE suspended all traffic stops in response, but Trump's border czar Tom Homan told White House reporters the pause was temporary and the practice would return. Trump posted on social media backing the tactic.

The incidents have intensified scrutiny of ICE enforcement methods as the administration pushes aggressive immigration operations nationwide.

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🇮🇷 U.S. Launches Wave of Strikes on Iran, War Resumes

The United States launched a wave of strikes against Iran on Wednesday, with U.S. Central Command confirming the offensive after Washington reimposed a naval blockade, marking a return to open war between the two countries.

CENTCOM said the strikes were "designed to further degrade military capabilities Iranian forces have used to attack commercial shipping in the Strait of Hormuz." Iranian coastal defenses and missile sites were targeted; Tehran reported casualties.

The Strait of Hormuz, a critical chokepoint for global oil flows, sits at the center of the dispute, with Iran facing renewed blockade pressure and calling for retaliation.

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🏛 Bipartisan Bill Targets China and Iran Threats on U.S. Soil

U.S. lawmakers introduced a bipartisan bill Tuesday to increase penalties for foreign government agents who threaten people on American soil, targeting what officials call "transnational repression."

The legislation was put forward by Democratic Senator Adam Schiff and Republican Senator John Curtis. It follows China's ethnic unity law, which took effect July 1 and which Beijing claims establishes its right to target certain critics beyond its borders. Iran is also named as a primary concern.

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