Trump-Appointed Counterterrorism Director Joe Kent Resigns In Protest Over U.S. War With Iran

Treasury Boost Quarterly Borrowing Estimate To $189BN: Full Quarterly Refunding Preview The US Department hiked its estimates for US debt borrowing in the current quarter, citing lower net cash flows. In a statement published today, and ahead of Wednesday's Quarterly Refunding Announcement, the US Treasury said that it now expects to borrow $189 billion in net debt for the current quarter, up ~$80 billion from the $109 billion it had forecast in February. The estimate assumes a June quarter-end cash balance of $900 billion, the same as the prior forecast.  According to the...

The Actual Problem With America's Energy Security Is Starting To Reveal Itself... Constellation Energy’s high-profile effort to revive one of the Three Mile Island reactor plants, now renamed the Crane Clean Energy Center, has run into a four-year-tall roadblock: the grid itself. The company had targeted a restart in the second half of 2027 to deliver roughly 835 megawatts of nuclear power to Microsoft data centers under a long-term agreement. Yet PJM Interconnection, the regional grid operator, reports full deliverability could take until 2031. The holdup stems from needed transmission upgrades. The $1 billion...

Trump Plans Venezuela Trip, First U.S. President Visit Since Bill Clinton President Donald Trump told reporters outside the White House on Friday afternoon that he plans to visit Venezuela, but offered no details or timeline. If it happens, it would be a historic trip, coming as Venezuelan oil flows accelerate under tighter U.S. oversight. "I'm going to make a visit to Venezuela... We haven't decided [when]," Trump told reporters, adding that he also had a "good meeting" with Venezuela's neighbor, Colombia. .@POTUS: "I'm going to make a visit to Venezuela... We haven't...