United States House of Representatives
The US Senate has approved a $9 billion cut in federal spending, including funding for public broadcasting and foreign aid. The bill, which now moves to the House of Representatives, has a minor impact on the national debt but could have serious consequences for the programs being cut.
Subcommittees of the US House of Representatives and Senate approved NASA budget bills at the level of $24. 8-24.9 billion, rejecting the White House's proposal for an almost 25% cut. This will allow maintaining the space agency's funding at the current level.
Former US President Joe Biden used a pen to sign pardons and commutations from December 2024 to January 2025. The White House has launched an investigation and will review over a million such documents.
The bill on a new package of sanctions against Russia is gaining wide support in the US House of Representatives, with the number of co-sponsors reaching 88. The chairman of the House Armed Services Committee, Mike Rogers, has joined the initiative, strengthening the document's position.
The US Senate may consider a White House request to return $9. 4 billion for international aid and public broadcasting. This decision could end funding for USAID, NPR, and PBS, and also affect HIV/AIDS programs.
The price of Bitcoin reached $122,500 on Coinbase on July 14, recording a 3. 5% daily increase. This happened amid "Crypto Week" in the US, where key bills are being considered.
Ukrainian Foreign Minister Andriy Sybiha met with US congressmen, discussing the strengthening of Ukraine's air defense and new tough sanctions against Russia. The diplomat thanked Congress for its support and emphasized Ukraine's readiness to share knowledge.
The US Senate Armed Services Committee approved the National Defense Authorization Act, which provides for $500 million in aid to Ukraine and extends the Security Assistance Initiative until 2028.
President Volodymyr Zelenskyy announced his intention to replace Ukraine's ambassador to the USA, Oksana Markarova, considering Defense Minister Rustem Umerov as a possible successor. This decision could lead to significant reshuffles in the Ukrainian government.
Speaker of the US House of Representatives Mike Johnson said that Vladimir Putin is not interested in a serious discussion of peace in Ukraine. The US Senate may vote on a bill on sanctions against Russia by the end of the month.
Republican Senator Lindsey Graham announced that the US Senate will soon consider a bill on tough sanctions against Russia, China, and India. The bill provides for presidential powers to maximize pressure on countries supporting Putin's war machine.
President Volodymyr Zelenskyy informed Oksana Markarova of his intention to dismiss her from the post of Ukraine's Ambassador to the USA. Consultations regarding her replacement are ongoing.
US President Donald Trump signed a bill that raises the national debt limit by $5 trillion, cuts social programs, and increases military funding. The document also provides for tax breaks and funding for combating illegal migration.
The honorary chairman of the US House Foreign Affairs Committee, Michael McCaul, called on the administration to resume arms supplies to Ukraine, emphasizing that this does not threaten US combat readiness. He noted that stopping aid harms Trump's peacekeeping efforts, and Putin attacked Kyiv after a conversation with Trump to send a signal to the US.
US Secretary of Defense Pete Hegseth unilaterally suspended military aid to Ukraine for the third time, despite military conclusions that there was no threat to US stockpiles. This decision surprised the State Department, Congress, and European allies, drawing bipartisan criticism.
The US House of Representatives passed President Donald Trump's domestic policy bill, sending it for his signature. The document provides for tax cuts, increased funding for the Pentagon and border security, and a reduction in the federal social security system.
The IMF warned that Trump's tax bill would make it harder to reduce the US budget deficit and debt burden. The bill increases the deficit by $3.3 trillion, which contradicts the reduction of federal debt in the medium term.
60 congressional Democrats are demanding that Secretary of State Marco Rubio abandon plans to cut State Department staff. They oppose firing 700 diplomats and canceling entrance exams for service.
Donald Trump has proposed changes to the US defense budget for 2026, totaling $892. 6 billion, focusing on high-tech missiles and drones. This includes a pay raise for service members, but a reduction in the purchase of ships and fighter jets.
House member Al Green initiated Trump's impeachment over strikes on Iran's nuclear facilities without Congressional approval. Green accuses the president of abuse of power and threatening democracy, citing unconstitutional usurpation of legislative branch powers.
The US House of Representatives banned the use of WhatsApp on government devices starting June 30 due to privacy risks and a lack of transparency regarding data protection. Meta, the company that owns the messenger, disagrees with this decision, emphasizing end-to-end encryption of messages and a higher level of security compared to other permitted applications.
The US Senate has passed a bill regulating stablecoins, digital assets pegged to fiat currencies. It is intended to create reservation rules, protect consumer rights, and ensure oversight.
Political scientist Oleg Lisny stated that the protests in the US are a consequence of Trump's policy, which ignores the law and pushes people to radical actions. This may affect support for the Republican Party.
The visit of the Ukrainian delegation to the United States was preparation for a meeting between Zelenskyy and Trump in Canada at the G7 summit. Yermak emphasized the importance of the US Congress's support for organizing this meeting.
Elon Musk stated that without his support, Trump would have lost the election. According to the commission, Musk spent over $290 million on the 2024 election.
A Bloomberg analyst stated that without US assistance, Ukraine is unlikely to emerge from the war as a fully-fledged state. He called on the US Congress to take more active steps and strengthen sanctions against Russia.
House passes Trump tax cut bill. The bill would extend 2017 tax breaks and create new ones, but could increase the deficit.
Gold prices rose amid concerns about rising US debt and weak demand for 20-year bonds. A year of highs around $3450-3500 is expected.
The US House of Representatives is considering Trump's budget bill, which includes tax and spending cuts. The document makes Trump's tax breaks permanent and increases military spending.
Canadian Prime Minister Mark Carney called China one of the biggest threats of foreign interference in the country's affairs. He stated that the growing threat from the PRC in the Arctic and its partnership with the Russian Federation pose a danger to Asia.