First Pass

50 stories from 19 sources

Trump's Push for Control Meets Legal and Political Resistance

Day’s Recap

Supporting Articles

The Trump administration created a committee to investigate Federal Reserve governor Lisa Cook as part of an effort connected to the president's attempt to remove her. The dispute follows a Supreme Court ruling and could affect Fed Chair Jerome Powell, the central bank's independence and the path of interest rates.

3:19 PMCNBC

After a federal agent shot an immigrant in New York City, protests followed and some of Mayor Zohran Mamdani’s allies questioned his approach to President Trump and his own Police Department.

9:01 PMNYT New York

ICE agents shot Oscar Belgal, 28, while he was in a car with a child, according to officials. Belgal survived and is being held at a detention facility outside New York, while immigration authorities defend the agents’ actions.

8:13 PMBBC

The Trump administration pressed Mayor Zohran Mamdani to have the NYPD arrest Oscar Belgal, an immigrant shot by an ICE agent in Marble Hill. City officials refused, saying the NYPD lacked authority to make the arrest under the circumstances described.

5:08 PMThe City

Homeland Security Secretary Markwayne Mullin said ICE agents did not know a child was inside the vehicle they fired on during an arrest in Marble Hill. Federal officials blamed New York City's sanctuary policies for contributing to the confrontation.

1:09 PMGothamist

Conservative commentator Katie Zacharia has been selected as the next White House press secretary. She currently serves as a communications adviser at Trump Media & Technology Group.

6:41 PMBBC

Other Developments

A curated list of other prominent stories from this day.

President Donald Trump is pressing Congress to pass the Credit Card Competition Act, which would require cards issued by major banks to operate on at least two payment networks. Merchant groups supporting the bill have intensified their lobbying efforts.

6:31 PMPYMNTS

The Trump administration is working to bring Ahmed Soliman back to the United States after an Arizona judge ruled that his deportation to Africa violated due process.

1:49 PMNPR Politics

Opponents of California’s proposed Proposition 40 warn that a tax aimed at billionaires could eventually expand to cover more taxpayers. The legislature could amend the measure with a two-thirds vote, while courts would decide whether broader applications are legally permissible.

12:55 PMFortune

More than half of the financial institutions examined by the Consumer Financial Protection Bureau earlier this year received expedited reviews, indicating that examiners found fewer issues requiring extended scrutiny. The shift comes as the agency faces an ongoing dispute over its funding and institutional structure.

12:25 PMPYMNTS

With Social Security projected to become insolvent in six years, policymakers are considering taxes on stocks, estates and employee benefits in addition to higher payroll taxes.

2:01 PMMarketWatch

A HUD-backed plan under the 21st Century ROAD to Housing Act would change how manufactured housing is built and regulated. It also creates a path toward repeatable multifamily construction using manufactured components.

11:12 AMHousing Wire

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