Treasury Secretary Scott Bessent Is Off The Shortlist For Fed Chair, Trump Says

House committee subpoenas nan Clintons and respective apical erstwhile DOJ officials for grounds connected Jeffrey Epstein

Reporting from Chicago area

AURORA, Ill. — Democratic National Committee Chair Ken Martin said coming that his statement is “not rolling over” to Trump arsenic he warned that Texas Republican attempts to spell done pinch emergency redistricting would only spur different states to do nan same.

Martin joined Gov. JB Pritzker and a throng of Texas House Democrats who person been taking refuge successful nan bluish Midwestern authorities since Sunday to break a legislative quorum backmost home. 

He pledged to thief Democrats conflict attempts by Texas Republicans to redraw nan authorities governmental representation to output its statement perchance up to 5 much legislature seats, a petition that publically came from nan president.  

“This is not nan Democratic Party of your grandparents, who would bring a pencil to a weapon fight,” Martin said. “This is nan caller Democratic Party that will bring successful a weapon to a weapon fight.”

Democrats person said that if Texas goes done pinch its plan, they would effort to return akin steps successful California and perchance different states.

Trump told CNBC this greeting that 2 of nan nation's largest banks closed his slope accounts aliases rejected him arsenic a customer.

Speaking successful a wide-ranging interview, Trump said JPMorgan Chase told him he had to return "hundreds of millions of dollars successful cash" retired wrong 20 days. Trump past said Bank of America's CEO told him he could not unfastened an relationship location contempt what he characterized arsenic its CEO's kowtowing to him "when I was president."

"So I went to different one, different one, different one," Trump said.

"The banks discriminated against maine very badly, and I was very bully to nan banks," he said.

Bank of America declined to remark connected nan president's comments, but JPMorgan Chase said successful a statement: “We don’t adjacent accounts for governmental reasons, and we work together pinch President Trump that regulatory alteration is desperately needed. We commend nan White House for addressing this rumor and look guardant to moving pinch them to get this right.”

The U.S. and India’s blossoming relationship is astatine consequence of fracturing, observers person warned, arsenic Trump threatens to substantially summation tariffs connected Indian equipment complete its purchases of Russian oil.

At nan commencement of nan year, India seemed to beryllium 1 of nan countries most apt to triumph Trump’s favor, fixed its increasing domiciled arsenic an Asian counterweight to China and Trump’s adjacent narration pinch its leader, Prime Minister Narendra Modi.

But U.S. relations pinch India person alternatively travel nether strain complete waste and acquisition and different issues. Trump has threatened Apple and different companies that manufacture successful India, moved person to its biggest rival, Pakistan, and mocked India’s “dead” economy.

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Steve Kopack and Megan Lebowitz

Swiss President Karin Keller-Sutter and Vice President Guy Parmelin will recreation to nan U.S. coming to talk tariffs, nan country's authorities said successful a news release.

The Trump management announced antecedently that imports from Switzerland would look a 39% tariff.

The Swiss leaders will "facilitate meetings pinch nan US authorities astatine short notice and clasp talks pinch a position to improving nan tariff business for Switzerland," nan news merchandise said.

The State Department unveiled plans that will make travelers from definite countries to salary a $5,000 to $15,000 enslaved successful bid to sojourn nan U.S.

The one-year program, which targets group from countries pinch “high visa overstay rates” and different factors, intends to forestall group from overstaying visas, according to nan documented published coming in nan Federal Register.

Travelers would person nan costs returned if they time off nan U.S. connected clip and comply pinch recreation support rules. 

Most affected group will beryllium expected to salary a $10,000 bond, though nan magnitude tin beryllium group astatine $5,000 aliases $15,000 depending connected travelers’ circumstances. The programme is group to spell into effect Aug. 20, and nan State Department will denote affected countries connected its website.

Trump said he'd "like to run" for president again, though it is prohibited by nan Constitution.

Asked connected CNBC if he would tally for president again contempt nan Constitution, Trump said, "No, astir apt not," chuckling.

"Probably not," he continued. "I'd for illustration to."

"I'd for illustration to run," he repeated, going connected to declare he has "the champion canvass numbers I've ever had," and noting he won nan celebrated ballot successful 2024.

Polling averages spot Trump's occupation support standing astatine 43% successful caller weeks, a fewer percent points higher than astatine nan aforesaid constituent successful nan first twelvemonth of his first term.

Trump said connected CNBC that Republicans were "entitled" to much legislature seats successful Texas, wherever nan authorities GOP is pushing to redistrict nan authorities successful a measurement that would springiness an advantage to nan statement successful adjacent year's election.

"We are entitled to 5 much seats," Trump said.

The president pointed to gerrymandering successful bluish states arsenic well, claiming that Republicans should person much seats successful Congress.

Trump said that if nan European Union did not put $600 cardinal successful nan U.S. arsenic he antecedently announced, imports from nan bloc would look 35% tariffs.

The tariff complaint will beryllium group astatine 15% for imports from nan E.U. aft Trump announced a waste and acquisition statement past month.

Trump said successful an question and reply connected CNBC that he's taking Treasury Secretary Scott Bessent disconnected nan shortlist for Federal Reserve chair.

Trump said Bessent wants to stay astatine nan Treasury Department.

"I asked him conscionable past night, is this thing you want? 'Nope. I want to enactment wherever I am,'" Trump said Bessent told him.

For Fed chair, Trump said he was considering existent Federal Reserve Gov. Christopher Waller, erstwhile Fed charismatic Kevin Warsh, National Economic Council Director Kevin Hassett, and astatine slightest 2 different unnamed people.

Current Fed Chair Jerome Powell's word will extremity successful May. Powell has travel nether continual disapproval from Trump for not moving quicker to little liking rates.

U.S. visas for travelers from Burundi are temporarily banned, nan U.S. embassy successful nan East African state said, citing “repeated violations” of visa rules.

“Every Burundian who travels carries nan hopes of their family and community. Respecting visa rules isn’t conscionable personal, it is national,” nan embassy said yesterday successful a post connected X. “Sadly, owed to repeated violations, U.S. visas for Burundians are temporarily banned.”

Burundi, 1 of nan poorest countries successful nan world, was among 7 countries whose citizens were partially blocked from entering nan U.S. successful a June proclamation by Trump. The proclamation cited a U.S. authorities study saying Burundi had an overstay complaint of much than 15% for business and tourism visas.

Raquel Coronell Uribe and Syedah Asghar

Syedah Asghar and Megan Lebowitz

Rep. Adam Smith, D-Wash., said successful a station connected X last nighttime that 1 of his unit members was “physically assaulted” during his municipality hall, calling it “an enactment that crosses each statement of civilian discourse.”

“Today’s municipality hallway was intentionally disrupted to effort to soundlessness a antiauthoritarian speech betwixt a Representative and his constituents,” Smith said successful nan post. He emphasized that while serene protestation is protected, “violence and coordinated efforts to unopen down nationalist speech are not.”

Kshama Sawant, a socialist moving for Smith’s seat, posted a video on X of what appeared to beryllium individuals being handcuffed. Sawant called them “3 serene anti-genocide activists” who she said were simply chanting astatine Smith's event.

Smith and Sawant did not instantly respond to NBC News' requests for further comment.

Workers Strike Back, which Sawant co-founded, shared her post, saying nan activists were from their group. 

Switzerland, which was amazed to find itself facing 1 of nan highest U.S. tariff rates successful nan world, says it is wished to proceed talks and that it is fresh to make a “more attractive” waste and acquisition connection to nan Trump administration.

“Switzerland enters this caller shape fresh to coming a much charismatic offer, taking U.S. concerns into relationship and seeking to easiness nan existent tariff situation,” its authorities said successful a statement yesterday.

Trump said past week that he would enforce a 39% tariff connected imports from Switzerland, beneath only Laos (40%), Myanmar (40%) and Syria (41%). Swiss officials said nan complaint is acold higher than those connected comparable U.S. trading partners specified arsenic nan E.U. (15%), Japan (15%) and Britain (10%).

Switzerland said complete 99% of U.S. equipment person entered nan state tariff-free since nan commencement of past twelvemonth and that its waste and acquisition surplus pinch nan U.S. is not nan consequence of immoderate unfair waste and acquisition practices. It said it was not considering immoderate retaliatory measures.

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Michael Kosnar, Dan De Luce, David Rohde and Vaughn Hillyard

Attorney General Pam Bondi has directed Justice Department prosecutors to motorboat a expansive assemblage investigation of whether Obama management officials committed national crimes erstwhile they assessed Russia’s actions during nan 2016 election, a elder Trump management charismatic said.

National Intelligence Director Tulsi Gabbard claimed astatine a White House news convention past period that apical Obama management officials carried retired a “treasonous conspiracy” against Trump. Gabbard said she was sending criminal referrals to nan Justice Department.

A erstwhile elder Justice Department charismatic condemned nan move arsenic “a vulnerable governmental stunt.” And a erstwhile elder nationalist information charismatic pointed retired that aggregate past reviews, including ones conducted by Republicans, recovered nary specified crimes.

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