INSIDER USA | News

⚖️ BBC Subpoenas Trump Family in Jan. 6 Panorama Lawsuit The BBC is seeking to subpoena members of Donald Trump's family as part of a lawsuit stemming from its 2021 Panorama documentary about the January 6 Capitol riot. BBC lawyers argue Trump's family members "have personal knowledge" of his intentions during the speech he delivered outside the U.S. Capitol on January 6, 2021. The subpoenas are part of the network's legal defense in the case. The lawsuit centers on the BBC's coverage of the events surrounding the Capitol attack, with the family subpoenas representing a significant escalation in the discovery phase of the proceedings. Source

💼 Trump Family Crypto Firm Gets Conditional Bank Charter The Office of the Comptroller of the Currency granted preliminary conditional approval Friday for a national trust bank charter to World Liberty Trust Co., a crypto firm partially owned by President Trump's family. The approval was posted on the OCC's website. The conditional status means the firm must meet additional requirements before full authorization is granted. The development comes as crypto regulation and Trump family business interests face growing scrutiny in Washington. Source

🛂 Afghan U.S. War Allies Fear Deportation After Green Cards Thousands of Afghans who assisted U.S. troops during the war in Afghanistan and were resettled in the United States following the 2021 withdrawal now fear they could be sent back. The concerns center on potential loss of green card status for those who served alongside American forces and were evacuated as part of U.S. refugee and parole programs after the Taliban retook control of the country. The situation highlights a broader uncertainty facing Afghan allies under current U.S. immigration policy. Source

🪖 Pentagon Locks In Boeing, RTX for SM-3 Missile Production The Pentagon signed seven-year framework agreements with Boeing and RTX on Friday to expand production of critical components for the Standard Missile-3. The SM-3 is a key element of U.S. ballistic missile defense. The multi-year deals are designed to scale up manufacturing capacity for the interceptor missile's components across both contractors. The agreements signal a sustained U.S. commitment to bolstering missile defense industrial capacity over the coming decade. Source

🏛 Treasury Scraps Ownership Reporting Rule for U.S. Firms The Treasury Department has officially repealed the requirement for American companies to report beneficial ownership information (BOI), ending an obligation that applied to firms with owners holding at least 25% stakes or exercising "substantial control." The finalized rule means U.S. companies no longer need to disclose identifying information about such individuals to federal authorities. The change carries sweeping implications for domestic businesses previously subject to the mandate. Source

🇷🇺 Senate Passes Major Russia Sanctions Bill After Graham's Death The U.S. Senate has passed sweeping new sanctions legislation targeting Russia, a bill long championed by Republican Senator Lindsey Graham, one of Congress's most vocal Ukraine supporters. Graham, who had pushed the legislation for over a year, died on July 11 — one day after visiting Kyiv. The bill passed on August 7, weeks after his death. The legislation has been widely referred to in media as the "sanctions bill from hell." Source

⚖️ Judge Tosses Trump Admin's Antisemitism Lawsuit Against Harvard A federal judge dismissed the Trump administration's civil rights lawsuit against Harvard University on Thursday, ruling the case lacked legal merit. U.S. District Judge Richard Stearns in Boston found the administration had not plausibly demonstrated an ongoing violation of Title VI of the 1964 Civil Rights Act, ruling that the alleged incidents of antisemitism on campus did not meet that threshold. The suit had accused Harvard of failing to protect Jewish and Israeli students from harassment during pro-Palestinian protests. The dismissal is the latest setback for the Trump administration's legal campaign targeting Harvard over its response to Gaza war protests on campus. Source

🏦 Fed's Hammack: Broad Inflation Needs Monetary Restraint Cleveland Fed President Beth Hammack called for continued monetary policy restraint to bring down inflation, warning that growth and investment must not run so fast that the economy overheats. Hammack, who voted to raise rates at the most recent meeting alongside Kashkari and Logan, said inflation is broad-based and not confined to specific sectors. She noted that supply-shock inflation has proved more persistent than expected, and that businesses have shown resilience and adapted to tariff and oil shocks. Source

🗳 Half of Young Americans Back Democratic Socialism, Poll Finds A new CNBC Generation Lab poll finds nearly half of Americans aged 18 to 34 favor democratic socialism and hold strongly negative views of the U.S. economy. The survey highlights a significant ideological shift among younger voters, with economic pessimism appearing to drive support for alternative political and economic models among the generation entering the workforce and electorate. Source

🛂 ICE Plans $20M Purchase of Electric-Shock Gloves U.S. Immigration and Customs Enforcement is seeking to spend up to $20 million on electrified gloves that deliver painful shocks to gain compliance from combative individuals, according to a Department of Homeland Security notice published Monday. The device, the CTG 5 GLOVE, is manufactured by Compliant Technologies, which describes it as a "conductive distraction and de-escalation" tool — and calls it "humane" and "low-optics." An unspecified quantity is set for delivery by March 2027. Source

💚 Get 100 USDT from QZINO 💚 Start playing on QZINO and make the most of your free bonus. 🎁 50 USDT with promo code 50TAPS 😌 50 USDT for new users via the link ➡️ No KYC Only the fastest will manage to claim the promo 😉 Register now and claim your bonus ➡️ HERE

⚡ US Crude Stockpiles Surge by 17.4 Million Barrels U.S. crude oil inventories jumped by 17.4 million barrels in the week ending August 7, according to the Energy Information Administration — one of the largest single-week builds on record. Commercial stockpiles now stand at 424.4 million barrels, just 2% below the five-year seasonal average. The figure far exceeded the American Petroleum Institute's earlier estimate of a 9.07 million barrel increase for the same period. The sharp inventory build signals a significant supply surplus and typically exerts downward pressure on crude prices. Source

🇺🇸 Trump Orders Childhood Vaccine Schedule Review Before Midterms President Trump signed an executive order aimed at overhauling the childhood vaccine schedule, thrusting vaccine policy back into the political spotlight three months before the midterm elections. The move could complicate matters for vulnerable Republicans seeking to retain control of Congress, as the party navigates a politically sensitive issue with broad public health implications. Source

🇮🇷 Iran Ties Hormuz Reopening to U.S. Concessions Iran's newly appointed secretary of the Supreme National Security Council said Tuesday the Strait of Hormuz will remain closed until the U.S. changes its behavior and accepts Iran's conditions to end the war. The statement signals Iran is using control of the critical waterway as direct leverage in negotiations with Washington. The Strait of Hormuz is one of the world's most vital oil transit routes, carrying roughly a fifth of global oil supplies. Source

🇺🇸 Trump Used Decoy Plane in Turkey Over Iran Threat President Donald Trump secretly switched aircraft during his visit to Turkey for the NATO summit in July, using a catering truck to move between planes undetected, the Washington Post reports. After boarding a decoy Air Force One, Trump was transported to a separate aircraft to conceal his location amid an active assassination threat from Iran, according to the report. The maneuver reflects the severity of the reported Iranian threat against the U.S. president and the lengths taken by security officials to protect him during the overseas trip. Source

💻 Musk plans $16.8B "Terafab" chip factory in Texas SpaceX and Tesla are planning a chip manufacturing facility called Terafab in Grimes County, Texas, with a projected cost of $16.8 billion. The facility would span over 100 million square feet — roughly five times the size of the world's current largest building. Source

📰 GOP Senators Release 34,000 Fauci Texts on COVID Vaccine Safety Republican Sens. Rand Paul and Ron Johnson on Monday released text messages from Dr. Anthony Fauci's government cellphone, focused on the safety of COVID-19 vaccines for pregnant women during 2021. The messages are among more than 34,000 texts recovered from the device, according to Johnson's office. Source

💼 Nvidia, Apollo, Blackstone and Goldman Sachs Eye $500Bn AI Deal Nvidia is partnering with major Wall Street firms — including Apollo, Blackstone and Goldman Sachs — to raise up to $500 billion in financing for artificial intelligence infrastructure. The capital is intended to fund the rapid expansion of data centers as demand for AI computing power surges. The arrangement positions Nvidia at the center of a broad financial push to build out the physical backbone of the AI industry. The deal underscores the scale of private capital now flowing into AI infrastructure, with some of the largest names in finance directly backing the chipmaker's growth ambitions. Source