Bessent Describes Federal Reserve Independence as a Political Arrangement Following Trump’s Move to Dismiss Fed Board Member

U.S. Treasury Secretary Scott Bessent on Tuesday described the Federal Reserve’s independence as a “political arrangement,” one day after President Donald Trump announced plans to dismiss Fed board member Lisa Cook amid allegations of mortgage fraud. Speaking during a Cabinet meeting at the White House, Bessent praised the President’s actions, framing them as part of a broader effort to restore public confidence in U.S. institutions. “You have the overwhelming mandate from the American people. You’re restoring confidence in government,” Bessent told Trump. Referring to growing public scrutiny of the central bank, Bessent remarked, “The Federal Reserve is on the front of everyone’s mind.” He went on to assert that the Fed’s credibility stems not solely from its structural independence, but from the trust it commands among the American public. “The Federal Reserve’s independence comes from a political arrangement between itself and the American public,” Bessent said. “Having the public’s trust is the only thing that gives it credibility, and you, sir, are restoring trust to government.” Bessent did not directly name Lisa Cook, the Fed board member whom Trump said he was removing late Monday, citing unverified allegations of mortgage fraud. The unprecedented move has drawn sharp criticism from legal scholars and economists, who warn that it could severely undermine the Fed’s perceived independence from political influence. Critics argue that the dismissal—if carried out—may face constitutional challenges, as members of the Federal Reserve Board are protected by statutory terms and can only be removed under specific legal conditions. The White House has yet to provide additional details regarding the allegations against Cook or the legal justification for the President’s decision. This story is developing.

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Trump Vows to Pursue Death Penalty in Washington DC Murder Cases

President Donald Trump announced Tuesday that his administration will seek the death penalty in murder cases occurring in Washington, DC, framing the move as a strong deterrent to violent crime in the nation’s capital. “Anybody murders something in the capital, capital punishment. Capital, capital punishment,” Trump said during a Cabinet meeting at the White House. “If somebody kills somebody in the capital, Washington, DC, we’re going to be seeking the death penalty.” The president described the policy as a “very strong preventative” measure against violent crime. “I don’t know if we’re ready for it in this country… we have no choice,” he added. Trump noted that the measure would apply specifically to the District of Columbia, while states would retain the authority to determine their own stance on capital punishment. It remains unclear how the administration intends to enforce the directive. Washington, DC, does not have its own death penalty statute, but the federal government does. In the District, most serious criminal cases are prosecuted by the U.S. Attorney’s Office — a federal agency — rather than a local district attorney, giving the federal government a unique level of control over criminal prosecutions in the city. Legal analysts say implementing such a policy would likely involve using federal statutes to pursue capital punishment in eligible murder cases, but noted it could spark legal and political challenges given the city’s historical opposition to the death penalty. No further details were immediately provided by the White House.

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Bill Gates-Backed Company Unveils Animal-Free Butter Made from Carbon

Batavia, Illinois — In a revolutionary food-tech breakthrough, a company backed by billionaire philanthropist Bill Gates has developed a lab-made butter derived entirely from carbon dioxide and hydrogen—without using animals, plants, or oils. The company, Savor, based in Batavia, Illinois, has begun commercial production of the product, which is made using a proprietary thermochemical process. The result is a butter alternative that looks, tastes, and smells like traditional dairy butter but is entirely synthetic and carbon-based. Savor’s innovative approach utilizes captured carbon dioxide and hydrogen in a closed-loop system, reportedly producing zero greenhouse gas emissions while consuming minimal land and water resources—a stark contrast to traditional dairy production. “This is a fundamentally new category of food,” a spokesperson for Savor said. “We’re not imitating butter from cows or plants. We’re building it molecule by molecule using carbon from the air.” Currently, Savor’s butter is being distributed to select restaurants and bakeries, with plans for broader retail availability in the coming years. The development marks a significant milestone in the growing push for climate-friendly and sustainable food alternatives, a movement increasingly backed by venture capital and high-profile investors like Gates. With the global food industry under pressure to reduce emissions and resource use, Savor’s carbon-based butter could signal the beginning of a new era in food innovation—one where taste and sustainability are no longer at odds.

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Five killed after tour bus returning to New York City from Niagara Falls crashes

Five Killed After Tour Bus Returning to New York City from Niagara Falls Crashes

Five people have died and dozens more were injured after a tour bus returning to New York City from Niagara Falls crashed on a major highway in western New York. The bus, carrying 52 passengers, overturned on Interstate 90 near Pembroke, approximately 30 miles (48 km) east of Buffalo, at around 12:30 p.m. local time (5:30 p.m. UK time). According to New York State Police spokesperson Trooper James O’Callaghan, “multiple fatalities, multiple entrapments, and multiple injuries” were reported at the scene. Some children were among those on board. Several passengers were thrown from the bus as windows shattered, while others were trapped inside the wreckage. The Erie County Medical Center (ECMC) in Buffalo received 24 patients. At a press conference, Dr. Jennifer Pugh, Chief of Emergency Medicine at ECMC, said two patients were taken to surgery, including one with internal injuries. Dr. Jeffrey Brewer, Chief of Surgery, said the most seriously injured patients were expected to recover. Injuries included blunt trauma, head injuries, and multiple fractures. Other hospitals also received patients from the crash: Most passengers were of Indian, Chinese, and Filipino descent, and translators were brought in to assist. The bus driver survived and is cooperating with investigators. “It’s a full-size tour bus with significant damage,” O’Callaghan said. “Most passengers were likely not wearing seat belts, which is why so many were ejected.” Mercy Flight deployed three helicopters to airlift critically injured individuals. “It’s a very active scene,” said Mercy Flight President Margaret Ferrentino. “At this time, we’re praying for the victims.” Police said the driver lost control of the bus at full speed and the vehicle flipped during an attempt to correct course. The crash forced the closure of the highway in both directions, causing significant delays during one of the final weekends of the summer holiday season. Niagara Falls, located on the US-Canada border, attracts more than nine million visitors annually.

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Manhattan Shooter Targeted NFL But Took Wrong Lift – Mayor Eric Adams

A gunman who killed four people in a New York skyscraper was attempting to attack the NFL headquarters but mistakenly took the wrong elevator, according to New York City Mayor Eric Adams. The attacker, identified as 27-year-old Shane Tamura from Las Vegas, entered 345 Park Avenue—home to several high-profile firms including the NFL, Blackstone, and KPMG—on Monday evening with an M4 rifle. Mayor Adams told MSNBC: “We have reason to believe he was focused on the NFL agency located in the building, but he entered the wrong elevator.” Among the victims was NYPD officer Didarul Islam, 36, who was married with two children and a third on the way. Also killed was Blackstone Senior Managing Director Wesley LePatner. The investment firm described her as “brilliant, passionate, and deeply respected.” A female NFL staffer was seriously injured and remains in hospital. According to authorities, Tamura had a documented history of mental illness and left a note expressing frustration about his mental health issues being linked to his high school football background. Investigators suspect he believed he had chronic traumatic encephalopathy (CTE), a brain condition associated with repeated head trauma. CCTV footage showed Tamura arriving in a black BMW just before 6:30 p.m., entering the lobby, and opening fire. After fatally shooting multiple people, including a security guard, he ascended to the 33rd floor where he killed another victim before turning the weapon on himself. The tragic event has raised questions about building security, mental health intervention, and the impact of contact sports on long-term brain health.

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American Airlines Boeing 737 MAX 8 Catches Fire During Takeoff; All 179 Onboard Evacuate Safely

American Airlines Boeing 737 MAX 8 Catches Fire During Takeoff All 179 Onboard Evacuate Safely

A potential tragedy was narrowly avoided on Saturday afternoon after an American Airlines Boeing 737 MAX 8 caught fire during takeoff at Denver International Airport, prompting an emergency evacuation of all 179 people on board. According to local NBC affiliate 9News, air traffic controllers urgently warned the pilots of Flight 3023: “You got a lot of smoke. You are actually on fire.” The aircraft, carrying 173 passengers and six crew members, was en route to Miami International Airport when it suffered a mechanical failure involving its tires at approximately 2:45 p.m. local time. Dramatic video shared on social media showed flames and thick black smoke billowing from the rear landing gear as passengers escaped via the front emergency slide. “All customers and crew deplaned safely,” said an American Airlines spokesperson in a statement to The Daily Beast. “The aircraft was taken out of service to be inspected by our maintenance team.” One passenger was transported to a nearby hospital with minor injuries, while others were treated on-site for smoke exposure and anxiety. “We thank our team members for their professionalism and apologize to our customers for their experience,” the spokesperson added. The Federal Aviation Administration (FAA) has launched an investigation into the incident, and operations at Denver International Airport briefly halted before resuming normal activity. This latest incident adds to the growing scrutiny of the Boeing 737 MAX series, which has been under global regulatory watch following previous safety concerns. More details are expected following the FAA’s preliminary report.

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Thailand and Cambodia Exchange Fire in Deadly Border Clashes

Border tensions between Thailand and Cambodia escalated into violent confrontations on Thursday, leaving at least 14 people dead and dozens more injured, as both nations exchanged artillery fire and airstrikes near the disputed Ta Moan Thom Temple.* Thai officials confirmed that a Cambodian shelling campaign killed 13 civilians and one Thai soldier, prompting the Thai military to launch retaliatory airstrikes into northwestern Cambodia. Six Thai F-16 fighter jets reportedly bombed Cambodian military targets following attacks that hit civilian areas, including a petrol station and a hospital zone. The fighting erupted early Thursday morning near the ancient Ta Moan Thom Temple in Cambodia’s Oddar Meanchey province. According to Thailand’s military, the violence began when Cambodian drones and troops approached the Thai border before launching rocket attacks into Surin and Sisaket provinces. Cambodian forces allegedly fired BM-21 multiple rocket launchers, including a strike near a hospital and a petrol station in Ban Phue, which killed six civilians. Rear Admiral Surasant Kongsiri, a senior Thai military official, said clashes quickly spread to at least six points along the border, leading to the closure of official border crossings. In response, Thailand’s caretaker Prime Minister Phumtham Wechayachai denied any declaration of war but insisted that the fighting must stop before any negotiations could begin. Health Minister Thepsuthin Somsak condemned Cambodia’s attacks as “war crimes,” citing the shelling of civilian areas, including an already evacuated hospital. The violence has triggered mass evacuations, with over 40,000 civilians fleeing more than 80 villages near the border. Local authorities have set up emergency shelters fortified with sandbags and concrete, as verified videos showed displaced residents fleeing on foot with bags of belongings. Cambodia’s Defence Ministry, however, blamed Thailand for provoking the confrontation, claiming Thai forces first deployed a drone and fired across the border. It described its actions as self-defence in response to an alleged Thai incursion. Cambodian Prime Minister Hun Manet has called for an emergency meeting of the United Nations Security Council, stating that Thailand’s actions “gravely threatened peace in the region.” Former Cambodian Prime Minister Hun Sen also weighed in, accusing Thailand of shelling Cambodian provinces and forcing Cambodia’s military to defend its territory. As both sides trade blame, regional leaders and international observers are calling for urgent de-escalation to prevent the crisis from spiraling into a broader conflict.

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It’s a War: Volunteers Lead Resistance as Trump’s Deportation Raids Intensify Across LA

As immigration raids sweep across Los Angeles under orders from former President Donald Trump, a network of volunteer-led resistance groups is rising up to protect undocumented communities from what they call “warfare in the streets.” At 5:30 a.m. in South Central LA, a group of volunteers from Union del Barrio gather in a laundromat parking lot. Armed not with weapons, but with walkie-talkies, megaphones, and leaflets, their mission is to patrol immigrant-dense neighborhoods and warn residents about imminent Immigration and Customs Enforcement (ICE) raids. “This is like Vietnam,” says Ron, a high school history teacher and activist. “We’re taking losses, but in the end we’re going to win. It’s a war.” The group is led by Francisco “Chavo” Romero, who each morning rallies volunteers before dispatching them into the field. On this particular morning, the streets seem calm, but elsewhere in Los Angeles, ICE agents are already conducting dawn raids. ICE Arrests Surge, Communities in Fear Since the beginning of June, more than 2,800 undocumented immigrants have been arrested in Los Angeles alone, according to the Department of Homeland Security—a dramatic spike from the 850 arrests recorded in May. The raids have prompted chaos, street protests, and rising fear in immigrant communities. Videos of ICE agents tackling individuals at car washes, construction sites, and outside homes have gone viral, fueling public outrage. In Pomona, a Latino neighborhood east of LA, Maria recounts how her husband Javier, who has lived in the U.S. for nearly 40 years, was arrested at work by masked ICE agents. “I know they’re doing their job,” Maria says tearfully, “but they don’t have to do it like that—pushing people down like they’re animals.” Javier is now being held in a detention center two hours away. Their grandchildren, especially the eldest, are asking when “papa” is coming home. “I don’t know what to tell him,” Maria says. “He’s not a criminal.” Volunteers Counter ICE Tactics Union del Barrio’s resistance effort includes identifying suspicious vehicles—like white SUVs with tinted windows—suspected of being used by ICE for surveillance. Volunteers distribute flyers with legal advice and encourage people not to open their doors without a warrant. “People are scared,” says Ron, pointing at a fruit vendor who he says is the typical ICE target: vulnerable and easy to detain. Businesses Suffer, Owners Plan to Hide Workers The fear extends to the business community. Soledad, who runs a Mexican restaurant in Hollywood, says half of her undocumented staff are too afraid to show up for work. “I’ve told them: get inside the fridge, hide behind the stove—just don’t run.” Soledad works double shifts to keep her restaurant afloat amid plummeting sales and no way to cover wages. “Sometimes I cry,” she admits. “We’re desperate.” Trump’s Crackdown Fuels Tensions The White House defends the raids as targeting criminals, but activists argue the reality is far more indiscriminate. ICE agents have reportedly faced resistance—including being shot at—making their operations more perilous. Still, Trump has instructed ICE to intensify the crackdown further. Tensions have only escalated with the deployment of National Guard troops, prompting new waves of protests and confrontations on the streets. As deportation numbers climb, so too does the resolve of resistance groups like Union del Barrio. “We’re not backing down,” says Chavo. “We’re organized, we’re ready, and we’re fighting for our communities.”

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