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US News

LAST UPDATE: May 22, 2025


Trump tax bill advances toward Thursday vote on passage in US House

Reuters

Trump’s tax-cut bill progressed in the House, setting up a final vote on Thursday.

Insight

The bill’s advancement reflects strong Republican support for Trump’s fiscal agenda.

US

Dimon Warns of US Stagflation Risk, Says Fed Right to Hold

Bloomberg

JPMorgan CEO Jamie Dimon warned of stagflation risks and supported the Fed’s decision to hold rates.

Insight

Dimon’s caution underscores concerns about economic stagnation amid persistent inflation.

US

US accepts $400mn Qatari jet to be used as Air Force One

FT

The US accepted a $400 million jet from Qatar to serve temporarily as Air Force One, sparking bipartisan concerns.

Insight

The acceptance raises ethical and security questions, reflecting complexities in international diplomacy.

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