USA News

Democratic Senator Chris Van Hollen has announced his intention to challenge Senator Chuck Schumer for the position of Senate majority leader. Van Hollen’s candidacy comes in the wake of strong Democratic midterm election results, with some party members expressing a desire for new leadership. Senator Bernie Sanders has publicly endorsed Van Hollen.

The U.S. military conducted strikes on Iranian missile and drone facilities following Iran’s attack on a commercial vessel in the Strait of Hormuz, which violated a recent ceasefire. CENTCOM described the action as a necessary response, marking the first U.S. military engagement since the ceasefire extension.

President Trump has threatened to implement a 100% tariff on nations imposing a digital services tax on U.S. companies. He stated that any country proceeding with such a tax would face immediate import duties, overriding existing trade agreements. Approximately half of OECD European members have proposed or enacted similar taxes.

Leon Black, co-founder of Apollo Global Management, is set to testify before the House Oversight Committee regarding his financial dealings with Jeffrey Epstein. Senator Ron Wyden has questioned Black’s payments exceeding $170 million for services purportedly related to tax advice and estate planning, amid ongoing scrutiny over Epstein’s criminal activities.

Iran’s Revolutionary Guards targeted a Singapore-flagged vessel in the Strait of Hormuz with a drone strike, damaging the ship’s bridge. The United Nations’ International Maritime Organization has paused a planned evacuation of vessels in the Persian Gulf, citing safety concerns following the incident. No casualties were reported.

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