USA News

The US Treasury will utilise Iranian assets to assist Gulf allies in recovery efforts from damages incurred during the Iran war, according to sources. Treasury Secretary Scott Bessent has directed evaluations of the costs for repairs and potential asset access for financing, though specifics on the assets remain unclear.

In a contentious California primary, progressives are challenging the Democratic Congressional Campaign Committee’s support for moderate candidate Jasmeet Bains over Latino candidate Randy Villegas in a heavily Hispanic district. The DCCC’s backing highlights ongoing tensions within the party over its approach to Latino voters and candidate selection.

President Trump postponed the signing of an executive order on artificial intelligence, citing concerns that certain aspects could hinder US leadership in AI development. He emphasised the importance of maintaining competitive advantages over China, while details of the order’s provisions remain unclear.

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