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U.S. Media: Trump Promoted Companies on Truth Social Days After Buying Their Stocks
Last year, U.S. President Donald Trump posted "very big and exciting news" on his Truth Social platform. This came just after computer chip manufacturing giant Nvidia (NVDA.O) announced plans to build AI supercomputers in the United States. In a post on April 15, 2025, Trump promised his over 9 million followers that "all necessary permits will be expedited and promptly delivered to Nvidia and similar companies."However, what Trump did not disclose at the time was that, just days earlier, he had purchased between $200,000 and $500,000 worth of the company's stock. An investigation by CNN found that Trump had promoted over 20 companies on his Truth Social account days after buying their stocks—sometimes announcing government actions that could benefit the very companies he had just invested in. The White House strongly denied that Trump had ever used his position for personal gain, stating that all his actions were intended to benefit the American public. White House officials said all of the president's stock trades were handled by external financial managers, and that Trump and his family had no control over specific transactions. (CNN)
US Congress Divided Over Whether Iran Conflict Triggers 60-Day Deadline of War Powers Act
According to the U.S. War Powers Act of 1973, the President must terminate the use of armed forces within a 60-day deadline after initiating military action without congressional authorization. Currently, some lawmakers argue that May 1 marks the expiration of this deadline, citing President Trump's notification to Congress on March 2 regarding the commencement of hostilities. However, Defense Secretary Pete Hegseth stated that the current ceasefire status means the 60-day clock has been paused or stopped.In response, Senator Adam Schiff argued that a ceasefire does not pause the clock, and believes that since the war did not face an imminent threat at its outset, the military action was illegal from the start. Meanwhile, some Republican lawmakers, such as Lisa Murkowski, indicated that if the White House fails to present a viable plan by next week, they will introduce an Authorization for Use of Military Force (AUMF) proposal to fulfill Congress's oversight duties under the Constitution. At present, uncertainty remains over whether President Trump will seek the additional 30-day extension allowed by the Act. (CNN)
Trump appears to shift stance on US soldier who bet on Maduro's capture; some allies support pardon
the U.S. Department of Justice has filed charges against U.S. Army Special Forces soldier Gannon Ken Van Dyke, accusing him of using classified intelligence to place bets on the prediction market platform Polymarket regarding the U.S. raid on Venezuela, resulting in illegal profits of over $400,000.According to the latest disclosure by CNN, Trump appears to have shifted his stance on the matter. Upon learning that the soldier had bet on Maduro's downfall, Trump compared the situation to baseball legend Pete Rose betting on his own team to win, downplaying the response. Trump stated: "It's like Rose betting on his own team to win. If he bet on his own team to lose, that would be bad, but he bet on them to win. I will look into it." Additionally, given Trump's support for Rose, at least several of Trump's allies have indicated that Trump should pardon the soldier. (CNN)
U.S. Media: Trump Promoted Companies on Truth Social Days After Buying Their Stocks
Last year, U.S. President Donald Trump posted "very big and exciting news" on his Truth Social platform. This came just after computer chip manufacturing giant Nvidia (NVDA.O) announced plans to build AI supercomputers in the United States. In a post on April 15, 2025, Trump promised his over 9 million followers that "all necessary permits will be expedited and promptly delivered to Nvidia and similar companies."However, what Trump did not disclose at the time was that, just days earlier, he had purchased between $200,000 and $500,000 worth of the company's stock. An investigation by CNN found that Trump had promoted over 20 companies on his Truth Social account days after buying their stocks—sometimes announcing government actions that could benefit the very companies he had just invested in. The White House strongly denied that Trump had ever used his position for personal gain, stating that all his actions were intended to benefit the American public. White House officials said all of the president's stock trades were handled by external financial managers, and that Trump and his family had no control over specific transactions. (CNN)
21-year-old US citizen charged in Israel with spying for Iran and receiving cryptocurrency
Eli Lavon, an American citizen studying at an ultra-Orthodox yeshiva in Jerusalem, has been indicted in Israel on espionage-related charges. According to the indictment, Lavon faces two counts of contact with a foreign agent and 14 counts of transmitting information that could potentially aid the enemy.Prosecutors allege that Lavon was recruited via Telegram, photographed sensitive locations, and concealed items with coded messages for Iran-linked contacts. He received approximately $1,379 in cryptocurrency as payment from two contacts. Lavon's attorney, Raz Bar Tzvi, told CNN that being contacted by a foreign actor online does not make someone a spy and that the facts stated in the indictment are insufficient to support the charges. (Decrypt)
“Trump Account” App Now Available on Major U.S. App Stores
: The Trump Accounts application was launched on major U.S. app stores on Thursday. U.S. Treasury Secretary Scott Bessent stated in a release: "The Trump administration is taking another step toward expanding opportunities for American families. The Trump Accounts app provides families with a simple, secure way to participate from the very beginning in a program designed to build long-term financial strength."According to a Treasury spokesperson cited by CNBC, the app was developed in collaboration with the Bank of New York Mellon and Robinhood Markets. Starting in July, parents or guardians will be able to fund new Trump Accounts (also known as 530A accounts). Parents must first fill out a form on the Trump Accounts website to open an account for their child. While all U.S. children under 18 with a Social Security number are eligible to register, only those born between 2025 and 2028 will receive a $1,000 startup contribution from the Treasury.
Trump appears to shift stance on US soldier who bet on Maduro's capture; some allies support pardon
the U.S. Department of Justice has filed charges against U.S. Army Special Forces soldier Gannon Ken Van Dyke, accusing him of using classified intelligence to place bets on the prediction market platform Polymarket regarding the U.S. raid on Venezuela, resulting in illegal profits of over $400,000.According to the latest disclosure by CNN, Trump appears to have shifted his stance on the matter. Upon learning that the soldier had bet on Maduro's downfall, Trump compared the situation to baseball legend Pete Rose betting on his own team to win, downplaying the response. Trump stated: "It's like Rose betting on his own team to win. If he bet on his own team to lose, that would be bad, but he bet on them to win. I will look into it." Additionally, given Trump's support for Rose, at least several of Trump's allies have indicated that Trump should pardon the soldier. (CNN)
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U.S. Media: Trump Promoted Companies on Truth Social Days After Buying Their Stocks
Last year, U.S. President Donald Trump posted "very big and exciting news" on his Truth Social platform. This came just after computer chip manufacturing giant Nvidia (NVDA.O) announced plans to build AI supercomputers in the United States. In a post on April 15, 2025, Trump promised his over 9 million followers that "all necessary permits will be expedited and promptly delivered to Nvidia and similar companies."However, what Trump did not disclose at the time was that, just days earlier, he had purchased between $200,000 and $500,000 worth of the company's stock. An investigation by CNN found that Trump had promoted over 20 companies on his Truth Social account days after buying their stocks—sometimes announcing government actions that could benefit the very companies he had just invested in. The White House strongly denied that Trump had ever used his position for personal gain, stating that all his actions were intended to benefit the American public. White House officials said all of the president's stock trades were handled by external financial managers, and that Trump and his family had no control over specific transactions. (CNN)
Strait of Hormuz oil tanker traffic has "essentially come to a standstill"
Odaily Planet Daily reported that with the precarious 60-day ceasefire agreement between the United States and Iran, oil tanker traffic through the Strait of Hormuz has "essentially come to a standstill." Jorge Leon, head of geostrategic analysis at research firm Rystad, wrote in a note on Wednesday: "So far today, it appears traffic has completely stopped." He added that this state of "virtual halt" "reflects current risk expectations more than any statement from Washington or Tehran." According to data from Kpler, only four tankers had passed through the strait so far today.Naveen Das, senior oil analyst at Kpler, stated that since the US and Iran reached a 60-day ceasefire agreement on June 17, the average daily number of tankers passing through has been about 32. This figure is nearly three times the average daily traffic between the start of the conflict (February) and the agreement on June 17, though it remains well below pre-war levels. (CNN)
21-year-old US citizen charged in Israel with spying for Iran and receiving cryptocurrency
Eli Lavon, an American citizen studying at an ultra-Orthodox yeshiva in Jerusalem, has been indicted in Israel on espionage-related charges. According to the indictment, Lavon faces two counts of contact with a foreign agent and 14 counts of transmitting information that could potentially aid the enemy.Prosecutors allege that Lavon was recruited via Telegram, photographed sensitive locations, and concealed items with coded messages for Iran-linked contacts. He received approximately $1,379 in cryptocurrency as payment from two contacts. Lavon's attorney, Raz Bar Tzvi, told CNN that being contacted by a foreign actor online does not make someone a spy and that the facts stated in the indictment are insufficient to support the charges. (Decrypt)
CNN: Iran denies having a timeline for signing the U.S.-Iran agreement, stating that the terms have yet to be finalized.
According to CNN, Iran denied the U.S. proposal to sign an agreement on Sunday, stating that the relevant agreement framework remains incomplete and that disagreements persist over key provisions; the timeline and content of the agreement remain uncertain.
Since the outbreak of the Iran conflict on February 28, Trump has stated more than 30 times that a deal is about to be reached
: According to CNN, since the outbreak of the Iran conflict on February 28, Trump has made statements similar to "a U.S.-Iran deal is about to be reached" more than 30 times on social media, in public appearances, and during telephone interviews with media reporters. (CCTV)
US Media: How to "Compensate" Iran Becomes One of the Sticking Points in Negotiations
according to CNN, a US official familiar with the negotiations stated that one of the remaining key sticking points in the US-Iran talks is the issue of economic compensation, as Trump is eager to reach an agreement that is perceived as superior to the one proposed during the Obama administration. The official said that Iran has conveyed to the mediators that once an initial memorandum of understanding is agreed upon, they hope to receive some form of economic compensation as soon as possible, rather than having it delayed for future disbursement. However, officials from the Trump administration are concerned that unfreezing funds at such an early stage could alleviate the economic damage inflicted on Iran—potentially removing, or at least diminishing, a key leverage Washington holds over Tehran. This leverage would be crucial for the US to enter the second phase of negotiations to discuss the specifics of Iran's nuclear program. Trump has made it clear to his team that he wants any agreement to appear much tougher than the one reached in 2015, and to avoid any actions that could be interpreted as "handing over large sums of cash"—a phrase Trump used to criticize Obama's decision to provide economic compensation to Iran. (Jin Shi)