Trump sends message to Obama: He ‘owes me BIG’
President Donald Trump discusses a Supreme Court docket ruling on presidential immunity amid his accusations in opposition to former President Barack Obama for pushing a defective Trump-Russia collusion narrative.
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President Donald Trump arrived in Scotland late Friday for a working journey the place he’s anticipated to fulfill with British Prime Minister Keir Starmer amid ongoing commerce negotiations between the U.S. and the U.Ok., in addition to go to a number of of his properties there.
“We’re assembly with the prime minister tonight,” Trump advised reporters Friday earlier than departing for Scotland. “We will be speaking concerning the commerce deal that we made, and possibly even enhance it.”
“We wish to discuss sure facets, which goes to be good for each international locations,” Trump stated. “Extra fine-tuning. Additionally, we’re going to do some celebrating collectively, as a result of, you understand, we obtained alongside very properly. U.Ok.’s been making an attempt to make a cope with us for like, 12 years, and haven’t been capable of do it. We obtained it executed, and he’s doing an excellent job, this prime minister. Good man.”
TRUMP HEADS TO SCOTLAND TO TALK GOLF, POLITICS AND TRADE
President Donald Trump waves as he arrives at Glasgow Prestwick Airport on July 25, 2025, in Prestwick, Scotland.
In Might, the U.S. and the U.Ok. introduced the 2 international locations had agreed to a serious commerce deal, which marked the primary historic commerce negotiation signed following Liberation Day, when Trump introduced widespread tariffs for a number of international locations April 2 at a spread of charges.
Trump, who’s slated to stay in Scotland till Tuesday, can be scheduled to go to his golf programs in Turnberry and Aberdeen whereas overseas.
Right here’s additionally what occurred this week:
Federal Reserve go to
Trump visited the Federal Reserve headquarters Thursday, as he has ramped up digs at Federal Reserve Chairman Jerome Powell.
Trump accompanied different administration officers for a tour of the headquarters, following $2.5 billion in renovations to the constructing. The huge venture has attracted scrutiny from lawmakers and members of the Trump administration, together with the president, who prompt the large renovation might quantity to a fireable offense.
“I believe he’s horrible … I didn’t see him as a man that wanted a palace to dwell in,” Trump stated July 16. “However the one factor I’d have by no means guessed is that he can be spending two and a half billion {dollars} to construct a bit extension onto the Fed.”
FOUR KEY TAKEAWAYS FROM TRUMP’S VISIT TO THE FEDERAL RESERVE WITH POWELL
President Donald Trump speaks with Federal Reserve chair Jerome Powell (proper) as he visits the Federal Reserve in Washington, July 24, 2025.
On Thursday, the 2 briefly sparred over the price of the renovation, however Trump advised reporters afterward that the 2 had a “good assembly” and that there was “no rigidity.” Trump additionally shut down hypothesis he may oust Powell, claiming such a transfer can be pointless.
The Federal Reserve, the US central financial institution, oversees the nation’s financial coverage and regulates monetary establishments.
Trump traditionally has railed in opposition to Powell, calling him names like “numskull” and “too late.” Likewise, Trump has expressed ire towards Powell for ignoring requests to decrease rates of interest.
“Properly, I would love him to decrease rates of interest, however aside from that, what can I let you know?” Trump stated Thursday.
Rescissions bundle signing
Trump signed into legislation Thursday his roughly $9 billion rescissions bundle to claw again already accredited federal funds for international assist and public broadcasting.
The rescissions measure revoked almost $8 billion in funding Congress already accredited for the U.S. Company for Worldwide Growth (USAID), a previously unbiased company that supplied impoverished international locations assist and provided growth help.
The rescissions bundle additionally rescinds greater than $1 billion from the Company for Public Broadcasting (CPB), which offers federal funding for NPR and PBS.
TRUMP SIGNS $9B RESCISSIONS PACKAGE INTO LAW, REVOKING FUNDING FOR FOREIGN AID, NPR
Liberals reacted strongly to Congress’ latest vote to strip federal funding from NPR and PBS. (Saul Loeb/AFP by way of Getty Pictures)
