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Mideast Latest: Israel Intensified Lebanon Strikes With Ceasefire in Doubt (Bloomberg)
Israel launched its largest assault on Lebanon since invading the country last month, escalating the campaign against Iran-aligned Hezbollah in an operation that killed at least 200 people.
The Israeli military said it targeted more than 100 Hezbollah command centers and military sites within 10 minutes on Wednesday. That included bombing parts of central Beirut, with strikes reported without warning in dense residential and commercial areas across the capital.
The surge came hours after President Trump announced a nascent truce with Iran, sowing confusion over whether Israel’s campaign against Hezbollah was part of the agreement. Top Iranian officials including Parliament Speaker Mohammad-Bagher Ghalibaf said the ongoing attacks constitute ceasefire violations, though US Vice President JD Vance said Washington never suggested fighting between Israel and Hezbollah would stop.
Emergency Meeting:
Anthropic Model Scare Sparks Urgent Bessent, Powell Warning to Bank CEOs (Bloomberg)
Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic PBC will usher in an era of greater cyber risk.
Bessent and Powell assembled the group at Treasury’s headquarters in Washington on Tuesday to make sure banks are aware of possible future risks raised by Anthropic’s Mythos and potential similar models, and are taking precautions to defend their systems.
Win for Free Press: Judge Rebukes Hegseth, Says Pentagon Violated Court Order (Bloomberg)
A Washington federal judge found the Pentagon violated a court order by reinstating restrictions on press access in an opinion that sharply criticized Defense Secretary Pete Hegseth for curtailing free speech rights with the nation at war.
Senior Judge Paul Friedman
of the US District Court for the District of Columbia said on Thursday that the Trump administration’s decision to remove credentialed reporters from the Pentagon in response to his ruling striking down a prior press policy “flouts the Court’s explicit directives and disregards the constitutional principles at the heart” of his March order.
America First? White House Secures Foreign Steel for Ballroom Project (New York Times)
President Trump has championed the US steel industry, promising to strengthen it and to impose stiff tariffs on foreign metals to shield manufacturers from overseas competitors. Yet the White House has secured tens of millions of dollars' worth of donated foreign steel for Trump’s $400 million ballroom project.
ArcelorMittal, a Luxembourg-based firm that is the world’s second-largest steel maker, is providing steel for the structure of the ballroom project. They said the steel was produced in Europe, where the bulk of ArcelorMittal’s production is concentrated.
Trump has boasted that taxpayers are not on the hook for building his ballroom, the cost of which has risen by 100 percent, according to the president’s own estimates. But the use of foreign steel for a ballroom built at the most recognizable building in the United States may anger domestic companies and unions that are trying to promote the US industry.
The president’s comments came just days before the White House made adjustments to its tariffs that could benefit ArcelorMittal, by cutting in half the tariffs applied to exports of automotive steel from its Canadian plant.
A Message from the President of the United States:
President Donald Trump issued the following statement on social media late Thursday:
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