Trump signs order to rename Lake Ontario as Lake America amid Canada trade war – US politics live
President hits out at Canada as he makes latest attempt to rename a landmark • Exclusive: Trump’s war on Iran is rapidly draining US navy budget • Exclusive: RFK Jr lied in Senate confirmation hearings, newly revealed documents indicate • Sign up for the Breaking News US email On Wednesday, Trump officially signed a proclamation on Wednesday that suspends higher tariffs on 300,000 metric tons of foreign beef imports for 90 days. This comes after backlash to the proposal – designed to lower grocery costs for Americans in the run-up to the November midterms. Several Republicans – in states with sizable cattle farming industries – have criticized the policy, saying it is a short term solution that will stymie ranchers’ ability to rebuild their herds. Four leading livestock and agricultural organizations also wrote a letter to the president on Wednesday urging him to reverse course. “Flooding the market with discounted foreign beef is not the way to rebuild the American cattle herd, strengthen food security, or lower grocery bills in a lasting way,” the groups wrote. Donald Trump will begin his day in Washington, before traveling to Houston, Texas where he’ll headline a Republican National Commitee (RNC) fundraiser, and help boost Ken Paxton — the state’s attorney general and Republican nominee for Senate. A reminder that Paxton beat long serving Senator John Cornyn in the GOP primary earlier this year after receiving Trump’s endorsement. Paxton is set to face Democratic state lawmaker James Talarico in November. Continue reading...
Former JPMorgan Chase executive Jes Staley told US lawmakers he repeatedly shared confidential and market-sensitive bank information with Jeffrey Epstein and was at one point named as a trustee of his estate, according to a transcript released by the House oversight committee on Wednesday. These admissions come as lawmakers investigate the late convicted sex offender’s ties with political and business elites. Staley appeared before the committee in July as part of its investigation into Epstein and his associate Ghislaine Maxwell.
Transcripts from the meeting were released on Wednesday. In the closed-door, voluntary interview conducted on 24 July, Staley said he divulged to Epstein the bank’s communications with the Federal Reserve during the 2008 financial crisis, a figure of $44bn in private bank inflows over two weeks and details of pending deals. Staley also admitted to sharing other confidential information about JPMorgan with Epstein, according to the transcript.
Lawmakers