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The Latest Breaking News from White House

White House Promises US-controlled TikTok Algorithm

The White House on Monday said a US version of TikTok would feature a homegrown model of the app's prized algorithm, potentially clearing one of the main obstacles to keeping the Chinese-owned platform online in the United States.

International Business Times

White House backs 'border czar' after reports he accepted cash during undercover FBI probe last year

The White House is standing behind “border czar” Tom Homan following reports he had accepted $50,000 from undercover agents posing as businesspeople during an undercover FBI operation last year, leading to a bribery investigation that was shut down by the Trump administration Justice Department

The Independent UK

Dollar Falls and Gold Surges to a Record High on Easier Fed Policy

The dollar index (DXY00 ) today fell from a 1-week high on Monday and finished down by -0.31%. The dollar is under pressure on the outlook for easier Fed policy, with the FOMC expected to cut interest rates by another 50 bp this year. The dollar found support Monday on...

Barchart

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The US version of TikTok might be more concerning than the Chinese one

The US government says it's close to signing a deal to bring TikTok inside the US, with US control, but so many big questions and concerns remain.

TechRadar

Investors rejoice over looming TikTok deal despite political concerns

White House says Oracle, whose cofounder Larry Ellison is a key Trump ally, will be an investor in short-video app.

Al Jazeera

Trump "wouldn't oppose" Charlie Kirk national holiday, White House says

Congress has already moved to honor Kirk following his assassination.

Axios

Trump to meet with Democratic leaders ahead of shutdown deadline - Roll Call

The White House and congressional leaders say the president and top Democrats are expected to meet this week to try to avoid a shutdown.

Roll Call

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The White House says it blocked US Steel's decision to stop processing steel at Illinois plant

The White House says it intervened to block a decision to stop processing raw steel at U.S. Steel’s Granite City Works plant in Illinois

The Independent UK

TikTok’s algorithm set to move from Chinese control to Big Tech under Trump’s deal to save app

White House says it has finally reached an agreement with China to secure the future of the popular social video app in the U.S., with software giant Oracle taking responsibility for users’ data

The Independent UK

What ‘causes’ autism? Here’s what decades of research has found

Health Secretary Robert F. Kennedy Jr. promised to determine the cause of autism by September, baffling brain experts

The Independent UK

The Weekend Panic Is Over, But H-1B Workers Aren't Done Worrying

Indian engineers make up the majority of H-1B holders, accounting for more than 70 percent of beneficiaries last year.

International Business Times

Dollar Slips and Gold Posts a Record High on Fed Rate-Cut Prospects

The dollar index (DXY00 ) today fell from a 1-week high and is down by -0.12%. The dollar is under pressure on the outlook for easier Fed policy, with the FOMC expected to cut interest rates by another 50 bp this year. The dollar found support today on hawkish comments...

Barchart

Microsoft reacts to President Trump's shocking $100K H-1B visa fee — "creating anxiety and uncertainty"

It was a frantic weekend for Microsoft following Trump's $100,000 H-1B visa fee announcement, but some of the concern was unfounded due to confusing guidance. Here's what we know so far.

Windows Central

Steve Bannon reiterates calls for Elon Musk to be deported to South Africa - ‘Toss him back’

‘Screw you dude!’ Bannon rages, after Trump reunites with tech billionaire

The Independent UK

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Axios

White House discloses more details of deal to save TikTok

TikTok's new U.S. entity would lease its algorithm from Chinese owner ByteDance.

Fortune

Trump’s plan to charge $100,000 for new H-1B visas is met with dismay by CEOs who want the world’s top talent

Also: All the news and watercooler chat from Fortune.

Benzinga

Trump Border Czar Tom Homan Reportedly Caught On FBI Video Taking $50,000, DOJ Shut Case After Trump Return: 'No Credible Evidence…'

Federal investigators captured Donald Trump's top immigration adviser accepting $50,000 in cash during an FBI sting, but the Justice Department shut down the case soon after the President returned to the White House.

Benzinga

Netflix Co-Founder Reed Hastings Says Trump's $100,000 H-1B Visa Fee Is A 'Great Solution' Because Of These Reasons

Over the weekend, Netflix Inc. (NASDAQ:NFLX) co-founder and former CEO Reed Hastings backed Donald Trump's controversial $100,000 H-1B visa fee, calling it a "great solution" to fix the program's lottery system.

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The Guardian - AU

Donald Trump and Elon Musk meet and shake hands months after messy split

Musk, who bankrolled Trump’s presidential campaign and later became an advisor to him, greeted the president at the memorial for Charlie Kirk

Axios

Trump to link autism to Tylenol use during pregnancy

The mention of a connection would revive a medical controversy over the use of acetaminophen early in a pregnancy.

The Independent UK

Erika Kirk ‘forgives’ Charlie’s killer before Trump declares ‘hate’ for foes in politics-laden eulogy

President Donald Trump’s words were in stark contrast to those of Charlie Kirk’s widow, Erika

The Guardian - US

Trump rails against opponents in Kirk tribute after widow says she forgives shooting suspect – as it happened

US president declines to give message of unity after activist’s widow tells audience of tens of thousands ‘I forgive him’ in comments about Tyler Robinson

The Guardian - US

The US right claimed free speech was sacred – until the Charlie Kirk killing

Rightwingers had long complained of a censorious leftwing ‘cancel culture’ but seem happy to now reframe that as ‘consequence culture’

Al Jazeera

US says $100,000 fee for H-1B visas will not apply to existing holders

As Trump’s order stirs anxiety, White House says the fee applies to new applicants and will be levied per application.

Benzinga

TikTok Algorithm To Be 'Controlled By America' As US Nears Majority Stake In Landmark Split Deal

On Saturday, the White House said a long-awaited agreement on TikTok would hand Americans control of the app's powerful algorithm and place the platform under a U.S.-led board.

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