🧷 1. Trump Intensifies Criticism of Fed Chair Powell Amid Market Turmoil
President Donald Trump has once again lashed out at Federal Reserve Chair Jerome Powell, publicly calling him a “major loser” and blaming him for recent economic instability. These remarks, made during a morning press briefing, caused an immediate dip in stock markets, with the S&P 500 falling 1.2%. Financial analysts warn that continued political pressure on the Fed may erode its credibility and independence.
🧷 2. Harvard Sues Trump Administration Over Research Funding Freeze
Harvard University filed a federal lawsuit on Monday against the Trump administration after it froze $2.2 million in health research grants. The university accuses the White House of attempting to interfere in academic decision-making and targeting researchers for political reasons. The Department of Health and Human Services has not commented.
🧷 3. Defense Secretary Resigns Amid Pentagon Contract Scandal
U.S. Defense Secretary Laura Adams has submitted her resignation following reports of a scandal involving defense contract manipulation. An internal investigation revealed that several contracts were awarded without proper bidding procedures. President Trump accepted the resignation and announced a new nominee will be revealed within the week.
🧷 4. NASA Announces Ambitious Timeline for Mars Colony Mission
NASA has unveiled its most ambitious plan yet: a fully operational human colony on Mars by 2035. The agency confirmed partnerships with SpaceX and Blue Origin to develop critical technology. The first unmanned cargo mission is scheduled for late 2027, with human deployment targeted by 2030.
5. California Declares State of Emergency Amid Wildfire Surge
Governor of California has declared a state of emergency as wildfires rage across four counties, forcing over 10,000 residents to evacuate. Dry conditions and high winds are fueling the blazes. FEMA and the National Guard have been deployed to assist in containment efforts.