Author: Press Room

Dozens of House Republicans are scrambling behind the scenes to head off the deep Medicaid cuts in the Senate version of the party-line megabill that could pass as soon as tonight. Group texts are blowing up and frantic phone calls are being exchanged among GOP lawmakers alarmed about the Senate Medicaid provisions, according to six House Republicans granted anonymity to describe the conversations. Even some conservatives in states that will be hit hard by the Senate’s crackdown on state-directed payments and medical provider taxes don’t want to vote on the Senate’s Medicaid text. That’s to say nothing of an effort…

Florida Governor Ron DeSantis has unveiled an ambitious plan to tackle illegal immigration from his state, with the creation of a processing and deportation center located at a remote airstrip in the Everglades. With this new approach, DeSantis aims to speed up the removal of illegal immigrants and set a national precedent. DeSantis explained that the airstrip in question, although far from civilization, has sufficient infrastructure—including a vast concrete area—to operate flights and process individuals immediately. “Once they’re there, they’re not going anywhere unless we say so,” DeSantis stated, emphasizing the site’s natural level of security. In his remarks, DeSantis…

IFBH, the Thai company behind the IF-branded bottled coconut water, started trading in Hong Kong on June 30, 2025.Shanshan Kao/Forbes Asia IFBH, the Thai company behind China’s largest coconut water brand IF, saw its shares jump 42% in its Hong Kong stock market debut Monday, boasting a market cap of $1.3 billion. IFBH ended its first day trading at HK$39.5, up from the HK$27.8 per share set for the initial public offering. The company, a subsidiary of Bangkok-based General Beverage, raised HK$1.16 billion ($145 million) from the sale of 41.7 million shares at the top end of a marketed range…

WASHINGTON, DC – JUNE 20: A sign marks the location of the U.S. Department of Education headquarters … MoreGetty Images One of the Department of Education’s major student loan servicers has issued an updated notification clarifying that certain borrowers who have already applied for income-driven repayment should now consider submitting a new application to hasten processing. The revised guidance followed a more ambiguous announcement the servicer made earlier this month. The statement by MOHELA comes as the IDR application system is under enormous strain. IDR plans, which are a type of federal student loan repayment option that provides borrowers with…

OpenAI CEO Sam Altman praised President Donald Trump, saying he understands the importance of AI to both the economy and the geopolitical situation, adding that he couldn’t say the same for all presidents. “He really gets it,” Altman said. “You’ve talked to President Trump, what does he think about AI? What are those conversations like?” technology journalist and Hard Fork podcast host Casey Newton asked Altman. Watch Below: After Newton’s question prompted laughter among audience members viewing the live event hosted by the New York Times in San Francisco, California, the podcast host added, “That was not intended to be a laugh line.” “He…

A billboard has gone up in Tel Aviv, Israel, depicting Israeli and Arab leaders — including the Palestinians — uniting in peace, with President Donald Trump leading the throng. TOPSHOT – A woman walks past a billboard displayed in Tel Aviv on June 26, 2025 by the “Coalition for Regional Security” Israeli political-security initiative depicting (L to R) Jordan’s King Abdullah II, Lebanon’s President Joseph Aoun, Syria’s interim president Ahmed al-Sharaa, Palestinian president Mahmud Abbas, Egypt’s President Abdel Fattah al-Sisi, Saudi Arabia’s Crown Prince Mohammed bin Salman, US President Donald Trump, Israel’s Prime Ministe Benjamin Netanyahu, UAE President Sheikh Mohamed…

Texas business leaders say prolonged economic policy uncertainty and high interest rates are weighing heavily on investment, hiring, and overall growth, according to the latest Texas Business Outlook Surveys released by the Federal Reserve Bank of Dallas. More than 300 executives responded to the June surveys. While some voiced support for certain trade protections, many said the unpredictable path of tariff policy, coupled with sustained high borrowing costs, has created a climate of hesitation and delay. Firms reported stalled capital projects, prolonged procurement decisions, and rising operating costs, particularly in trade-sensitive sectors like manufacturing, transportation, and wholesale distribution. “Customers are…

Congresswoman Erin Houchin (R-IN) is supporting President Donald Trump’s “One Big Beautiful Bill” as a measure to deliver tax relief to law enforcement officers and working-class Americans, highlighting its provision to eliminate taxes on overtime pay. Houchin has made expanding economic opportunity a cornerstone of her work and recently appeared in a House Republicans video with 36 colleagues making the case for the bill as a once-in-a-generation boost to American prosperity. During a visit to the Jeffersonville Police Department, she joined Chief Kenny Kavanaugh for a ride-along to discuss how the bill could ease financial stress for officers and their…

While most Senate Democrats are looking for pieces to chip away from the GOP megabill in the ongoing vote-a-rama, Sen. John Fetterman just wants the process over with already. “Oh my God, I just want to go home,” the Pennsylvania Democrat told reporters on Monday. “I’ve already missed our entire trip to the beach… I’m going to vote no. There’s no drama.” GOP leaders expect rapid-fire amendments to roll in until at least late Monday evening. With a swath of unresolved issues — from potential cuts to the Medicaid provider tax to the phasing out of clean-energy credits — the…

US President Donald Trump had halted negotiations with Ottawa over what he called an “attack” on American companies Canada has shelved its plan to slap a digital services tax (DST) on tech companies in a bid to get trade talks with the US back on track, reversing course just as the measure was due to kick in.The 3% tax, passed into law last year by the government of former Prime Minister Justin Trudeau, was set to take effect on Monday and would have been applied retroactively to 2022-2024 profits. It would have primarily targeted US companies like Amazon, Google and…