Commodity Futures Trading Commission said Gabriel Perez wagered on Kalshi about words president used in speeches

A White House teleprompter operator who left his post amid accusations that he used inside knowledge to make bets on Donald Trump’s speeches on an online prediction market has been fined $172,000, according to federal regulators.

Gabriel Perez illicitly exploited “material, nonpublic information” that he gathered through his work for the president in order to place wagers on the Kalshi platform “for his personal benefit”, the Commodity Futures Trading Commission (CFTC) maintained in a news release on Friday.

In deep red South Carolina, the president helped stoke apprehension of a deeper red surge ahead of November’s US midterm elections

After casting his vote in South Carolina, a man who introduced himself as Chestnut was unwilling to give his full name. “You don’t have a need to know,” the air force veteran declared. He was, however, happy to share his views.

“I’m a true American. I believe in the USA,” said the man, outside Christ the Servant Lutheran church in Conway. “And I don’t believe in communism or socialism.”

There’s little optimism about treasury secretary’s ability to handle Trump’s tariffs, Iran sanctions and colossal US debt

History remembers Gen Dwight Eisenhower, the supreme commander of the allied forces in Europe during the second world war, for his role in the D-day invasion of Normandy. Whether Scott Bessent will achieve similar posterity as the face of the “economic D-day” in Iran remains to be seen.

The US treasury secretary, already trying to manage a $40tn national debt pile, this week took charge of Donald Trump’s effort to reverse-engineer his war of choice. Whereas the US would typically take on an adversary with diplomacy, sanctions and military force, in that order, the US president started with a six-month bombing campaign and now hopes that economic isolation can finish the job.

Ignore Iran, the Epstein files, and your wallet – not to mention Trump’s plummeting approval ratings

Don’t mention the war! Or the economy, for that matter. Or the Epstein files. Or Natalie Harp. Or “affordability”, which, as Donald Trump recently said at a rally, is a word that was “never used” by the media before he took office. Best not to talk about anything that affects ordinary people or embarrasses the president, really. Instead, let’s all rejoice in Trump’s latest triumph: renaming Lake Ontario, which is shared by Canada and the US, as Lake America.

On Thursday, Trump signed an executive order directing federal agencies to America-fy the lake’s name on US maps and documents, which is an excellent use of time and resources. I suppose we can at least be thankful that the president, who is trying to slap his own name on everything from airports to the Kennedy Center, didn’t decree that the body of water be called Lake Trump.

Arwa Mahdawi is a Guardian columnist

US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves

Donald Trump announced Friday a new US oil agreement with Venezuela’s interim president Delcy Rodríguez, saying the US will have “majority” control of 65bn barrels of proven oil reserves.

The terms of the agreement remain to be seen, but the US president said on his social-media platform that it had been brokered “through a partnership with ⁠private business” by his secretary of state, Marco Rubio, and defense secretary, Pete Hegseth.

Nearly 600 days after the devastating 2025 fires, thousands of Los Angeles residents are still waiting for more than $15bn in federal funds to rebuild their communities

As thousands of residents in Spokane, Washington, begin to grapple with a long recovery after a destructive set of blazes that consumed hundreds of homes in the state’s second most populated city this month, victims of the Los Angeles firestorm broke a grim record – they have faced the longest delay in modern history for federal aid.

Nearly 600 days since a historic firestorm roared into communities across Los Angeles, reducing more than 16,000 structures to ash and toxic debris, the Trump administration has failed to appropriate more than $15bn in long-term recovery funds that are crucial to rebuilding. The delay in supplying the badly needed funds is months longer than the last record set when victims of the Maui fires had to wait 500 days to receive the support, LAist noted this week.

National Park Service, which backs the 250ft arch, says it is likely to disrupt historical significance of dozens of sites

A new National Park Service report backs Donald Trump’s proposed arch, despite what it says are adverse effects to the sightlines of a host of landmarks in Washington, including the Washington Monument and the Lincoln and Jefferson memorials.

The report released on Friday says the 250ft-tall (76-meter) memorial arch is likely to disrupt the historical significance of dozens of sites near its planned location adjacent to the Arlington Memorial Bridge.

Nevada-based Kingsbarn Realty Capital seeks to acquire land to construct private road to development outside park

The Trump administration is reportedly pushing to give a parcel of land inside Yosemite, the country’s first national park and one of its most popular, to a Nevada-based private developer.

Staff with the National Park Service have been exploring how the agency can give a quarter-mile parcel to a company operated by Kingsbarn Realty Capital, the news outlet Notus reported on Friday, citing agency documents and unnamed sources “directly familiar with discussions”.

President faces criticism over plan to import up to 300,000 metric tons of foreign beef without charging higher tariffs

Donald Trump has pledged to allow cattle ranchers and farmers to process their own food amid a backlash from the US agricultural sector over his decision to pause US tariffs on foreign beef.

The US president has been sharply criticized, including from members of his own party, since announcing the US will temporarily import up to 300,000 metric tons of foreign beef without charging higher tariffs in an effort to bring down prices.

Helipad relocation led in part to incident where Marine One, carrying the president, had close call with passenger jet

Safety officials say the relocation of a helipad amid Donald Trump’s multi-project White House reconstruction led in part to an incident earlier this month in which a military helicopter carrying the president came too close to a passenger jet.

A preliminary report published on Thursday by the National Transportation ⁠Safety Board (NTSB) blamed “communication issues” for the failure of the crew of Marine One, the presidential helicopter, to give the required three minutes’ notice to air traffic controllers that they were about to take off from the White House.

Terrified of being seen as a loser, Donald Trump is nonsensically lashing out – even against our old friend Canada

I’m still grieving Dolly Parton. I never met her and always wanted to. She was almost exactly my age and my height and had values I deeply admired. Her death leaves a hole in the firmament.

Which brings me to the person whose values are as far from Dolly Parton’s as any human could possibly be and still claim to be human. I’m referring, of course, to the current occupant of the Oval Office.

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A reminder that we are covering the latest out of Jackson Hole, Wyoming, where Kevin Warsh – the new chair of the Federal Reserve – will deliver his first speech as the head of the US central bank at the annual economic policy symposium.

As my colleagues note, Warsh is under pressure to provide clarity on how the Federal Reserve should handle with inflation if price pressures don’t abate.

The president senses a crisis in his cult of personality. He believes the path to victory is through unwavering devotion

Donald Trump has framed his theme for the midterm elections. It has come to him as naturally and inevitably as staring into the mirror, beyond any logic or argument, his definitive answer to no specific issue, providing no understanding of any particular problem, but transcending all of them. His political theme is more primal than programmatic, more instinctive than analytical, a heartfelt expression to protect his greatest romantic attachment, his obsessive fixation, his idealized object: himself.

Trump’s campaign theme is unrequited love. Unlike the pollsters, media consultants and pundits, he alone has grasped the magnitude and the source of the existential crisis threatening his politics. He has identified the problem for the Republicans as the faltering measure of complete devotion to him. His demand has nothing to do with mutual affection. It is a ploy to reassert his slipping control, a manipulative test to prove loyalty to him, or else. There can be no absolute rule without an absolute ruler; no absolute ruler without absolute submission; no absolute submission without the expression of absolute love. His sadness at its fading gives way to anger, paranoia and greater acts of retribution. He equates the fear he instills as a form of love. Trump accepts subservience, from whatever motive, as affection or its closest equivalent. He cares nothing about sincerity, so it’s all in the show. The less love displayed, the more fear required. Yet there is no rebound, but only deeper rejection.

[L'article Le Québec se retrouve au cœur de la guerre commerciale  a d'abord été publié dans InfoBref.]

[L'article Aux États-Unis, Donald Trump a rebaptisé le lac Ontario a d'abord été publié dans InfoBref.]

Congressman Jamie Raskin asks president’s son to detail firm’s recent success after he joined 1789 Capital as partner

Democrats on a powerful US congressional committee have launched an investigation into a venture capital firm which has thrived since recruiting Donald Trump’s son.

Donald Trump Jr joined 1789 Capital as a partner just days after his father won a second term in office in November 2024. Congressman Jamie Raskin, ranking member of the US House of Representatives judiciary committee, has asked the president’s son to detail the firm’s recent success.

The US president signed order on Thursday amid growing trade war with Canada after the US enacted tariffs against its northern neighbor

Mark Carney rejects attempt to rename lake as did several US governors, with Tony Evers mocking the move

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Donald Trump signed an executive order on Thursday directing the federal government to rename Lake Ontario, making it Lake America, amid his escalating trade war with Canada.

The order directs federal agencies to adopt the name-change on US maps, documents and databases. But Trump has no authority to rename Canada’s portion of the lake, nor to compel Canada, international legal bodies, international mapmakers, or the rest of the world to adopt a new name.

Exclusive: Experts and former officials say accounts are running dry, and funding a war with no clear endgame is the main challenge

Donald Trump’s war on Iran has driven the US military into a severe financial crisis, with the US navy forced to transfer money from its payroll and other sources to cover the costs of combat, according to documents seen by the Guardian, and interviews with navy officials, contractors and defense analysts.

The US-Israeli operation, which has depleted US munitions stockpiles and prompted retaliatory Iranian strikes that have wrecked strategic bases across the Middle East, is piling pressure on budgets across the military.

Judge ruled Jeanine John Taele, discovered with firearm days before Trump visit, was unfit to face felony charge

A judge in California has suspended criminal proceedings against a man found with a loaded gun near Donald Trump’s golf course in Los Angeles, and instead ordered him to undergo a mental health evaluation.

Jeanine John Taele, 38, of Downey, California, was arrested for weapons violations days before the president spoke at a 5 August Republican fundraiser at the Trump National Golf Club in Rancho Palos Verdes.