President Donald Trump said he is not involved in managing his personal finances. This statement came after disclosure forms showed he earned more than one billion dollars from cryptocurrency activities last year.
Key Facts
President Trump said he does not handle his own personal finances.
Government disclosure forms revealed his cryptocurrency ventures made over one billion dollars last year.
The information about his crypto earnings was made public on Tuesday.
CBS News reported on these disclosures and President Trump’s response.
The report was covered by CBS News senior White House correspondent Weijia Jiang.
Cryptocurrency means digital money that uses special technology to secure transactions.
The disclosures are part of official financial reports required for public officials.
President Trump’s statement came on Wednesday, one day after the disclosures were released.
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A federal judge has ordered the Pentagon to temporarily stop requiring journalists to have an official escort when reporting. The judge said this rule breaks the First Amendment, which protects free speech and press rights. The ruling came as The New York Times continues its lawsuit against the Defense Department’s restrictions on media access.
Key Facts
A judge in Washington, D.C., ruled against the Pentagon’s escort policy for journalists.
The policy required reporters to be accompanied by an official when covering the Pentagon.
The judge said this policy violates the First Amendment.
The New York Times filed the lawsuit challenging this rule.
The ruling is preliminary, meaning it may change after more legal proceedings.
The lawsuit is part of ongoing conflicts between the Trump administration and the media.
The escort rule applies to all journalists, though the ruling specifically mentioned The New York Times.
This is the second lawsuit the Times filed against the Defense Department in five months.
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Some graduates in the U.S. have needed to use food banks after finishing university because they faced money problems. Rising living costs and financial challenges have made it hard for them to afford food and other essentials.
Key Facts
Recent university graduates reported having to rely on food banks.
Financial difficulties persist after completing higher education.
The cost of living has increased, affecting young adults.
Food banks provide free food to people who cannot afford it.
Graduates struggle to cover basic needs like food and housing.
The situation highlights economic challenges for young people starting adult life.
Support systems like food banks are becoming more important for this group.
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One year ago, President Donald Trump’s administration ended the United States Agency for International Development (USAID) as a separate agency. USAID used to play a major role in providing humanitarian aid, fighting diseases, helping during disasters, and supporting U.S. goals abroad.
Key Facts
USAID was an independent agency focused on foreign aid and development.
It helped deliver humanitarian assistance and disaster relief around the world.
The agency worked to combat diseases in various countries.
USAID supported American interests by promoting development and stability globally.
President Trump’s administration ended USAID’s independent status a year ago.
Samantha Power was the last confirmed head of USAID before the change.
Concerns have been raised that people are suffering or dying since the agency’s dismantling.
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Danny Glover, a well-known American actor, shared that he has had Alzheimer's disease for several years after being diagnosed in 2022. He and his family want to raise awareness and reduce stigma about the disease by speaking openly about his experience.
Key Facts
Danny Glover is 79 years old and was diagnosed with Alzheimer's shortly after receiving an honorary Oscar in 2022.
Alzheimer's is a disease that affects memory, thinking, and behavior, and it gets worse over time.
Glover remains active despite his symptoms slowing his movement, speech, and memory.
His daughter, Mandisa, emphasized the importance of Glover telling his own story about living with Alzheimer's.
About 7 million people over 65 in the U.S. have Alzheimer's, with older Black Americans like Glover being twice as likely to develop it compared to white Americans.
Glover began acting in his early 20s and has appeared in over 170 projects, including the Lethal Weapon series and The Color Purple.
He also started a production company focused on politically relevant films to address social issues through art.
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A new poll shows many Americans feel the country has moved away from its original values as it celebrates 250 years. The poll also finds that more people think violence might be needed to fix the nation’s problems.
Key Facts
The poll was conducted by PBS News, NPR, and Marist.
It was done during the 250th anniversary of the United States.
Most Americans believe the country no longer follows its founding ideals.
There is a growing number of people who think violence could help improve the country.
The poll reflects the complicated feelings Americans have about their nation’s identity and future.
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Melat Kiros, a democratic socialist, won a primary election in Colorado by defeating longtime Representative Diana DeGette. This victory adds to other wins by democratic socialist candidates in recent elections.
Key Facts
Melat Kiros ran as a democratic socialist candidate.
Kiros defeated Diana DeGette, a long-serving Colorado Representative.
The election was a primary, meaning it decided who will represent the party in the general election.
Democratic socialists have recently won several primary elections.
The result was analyzed by CBS News election experts.
The win could indicate growing support for democratic socialist ideas in that area.
Diana DeGette has been a representative for many years before this loss.
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As the 2026 midterm elections approach, Democrats aim to win several governor seats currently held by Republicans, especially in states President Donald Trump won in 2024. Kansas is considered the most likely state to switch from a Democratic to a Republican governor, while several other states have close races that could go either way.
Key Facts
Midterm elections often result in losses for the president’s party.
President Trump’s recent decline in approval ratings is linked to concerns about the economy and gas prices.
Kansas is the top state expected to flip from Democratic to Republican control in 2026.
Other key swing states include Arizona, Wisconsin, Georgia, Iowa, Nevada, Ohio, and Michigan.
Polls show close races in Iowa and Ohio, with Democrats either leading or tied with Republicans.
The Democratic Governors Association is actively working to win more governor seats this November.
Prediction markets give Republicans a 67-71% chance of winning the Kansas governor race.
Both parties have some advantage in their current states but the races remain competitive.
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Vice President JD Vance and Secretary of State Marco Rubio have different ways of supporting President Donald Trump's national security plans as they prepare for the 2028 presidential race. They come from different backgrounds and have opposing views on issues like the Middle East.
Key Facts
Vice President JD Vance and Secretary of State Marco Rubio are both aiming for the 2028 presidential election.
They come from different regions and backgrounds: Rubio is the son of Cuban immigrants and has long Senate experience; Vance is from the Midwest and a Marine Corps veteran with only two years in the Senate before becoming vice president.
Rubio focuses more on Latin America, while Vance emphasizes opposing foreign wars.
They have shown differences in their approach to Middle East policy.
Both officials respect each other publicly and the White House denies any conflict between them.
Their differing views reflect divisions within the Republican Party.
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Steven Crichton, a therapist from Pontypridd, Wales, used a food bank to support his family after graduating from university. Now, he volunteers to help make food banks more welcoming and reduce the stigma around using them.
Key Facts
Steven lost his father to suicide when he was six and later struggled with mental health and heroin addiction.
Counseling helped Steven change his life and inspired him to study therapy at university in his thirties.
After graduating, Steven and his partner faced financial hardship and used a food bank to feed their children.
Steven found the food bank experience more dignified than he expected and now volunteers there.
He helped food banks improve service by allowing people to choose their own food and stopping labeling bags with marker pens.
Steven believes removing shame from food bank use helps more people get support.
The local food bank values Steven’s experience to train volunteers to better understand visitors’ needs.
Steven now runs his own therapy business and prioritizes giving back to charities that helped him.
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President Donald Trump and his businesses reported earning more than $2.2 billion in 2025, according to a new financial disclosure. This amount is the highest ever recorded for any sitting U.S. president.
Key Facts
President Trump made over $2.2 billion in 2025.
The income includes money from his personal earnings and his businesses.
This figure is unprecedented in the history of U.S. presidential financial disclosures.
The information comes from a recently released financial filing.
CBS News and The New York Times reported on the disclosure.
The news highlights President Trump’s financial activities during his current term.
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Tucker Carlson said he is starting a new political party for voters who feel neither the Republican nor Democratic parties represent them. He has recently criticized President Donald Trump and the Republican Party, especially on foreign policy and military actions.
Key Facts
Tucker Carlson announced he will help build a third political party in the U.S.
He believes neither major party currently benefits the country well.
Carlson has criticized President Trump’s foreign policy, particularly actions against Iran.
He no longer supports the Republican Party and said he won’t back the GOP in the 2026 midterm elections.
Third parties face challenges like getting on ballots and winning votes in the U.S. system.
Even a small number of Republicans joining a new party could affect close House and Senate races.
The Republican Party is currently divided between Trump supporters and critics within the party.
Carlson’s new movement might challenge Republicans in upcoming elections by drawing away voters.
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Authorities in Los Angeles arrested 10 people linked to a sex-trafficking operation that exploited about 51 underage girls and women. The suspects, connected to a gang called the Hoovers, recruited victims through false promises or force between 2021 and 2026 along the Figueroa corridor.
Key Facts
Ten people were arrested for running a sex-trafficking ring targeting minors and women.
The operation involved members and associates of the Hoovers gang in South Los Angeles.
Victims included runaways and foster kids recruited with lies or violence.
One suspect, Cameron Lockett, allegedly injured a victim and forced her to lie to police.
Another suspect, Caleed Mouton, arranged an abortion for an underage victim and ordered her to work the same day.
Mukeshkumar Ahir, a hotel manager, is charged with taking money from the trafficking activities by renting rooms.
Arrested individuals face prison sentences from 15 years to life if convicted.
Law enforcement has targeted the Figueroa corridor before due to repeated trafficking problems, despite police resource cuts in recent years.
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Sixteen children were rescued from very poor and crowded conditions in a rural Ohio home, where they had been confined to one small room for about four years. Authorities charged the children’s parents and grandparents with child endangerment and are seeking temporary custody of the children.
Key Facts
Sixteen children, aged between 1.5 and 18 years, were found confined to a 12x12 ft room in Ohio.
The children lived in dirty conditions with human waste, and some had serious developmental challenges.
The family’s parents and two grandparents face 16 counts of second-degree felony child endangerment.
Authorities found the children during a search unrelated to their situation.
Seven children were taken to hospitals, and two were flown to trauma centers; one was in critical condition.
The children were not enrolled in school, and the family moved frequently, avoiding medical and government records.
Neighbors were unaware of the children’s situation and had never seen them outside the house.
Officials are working to ensure justice and have requested temporary custody for the children.
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A 16-year-old boy was seriously hurt in a shooting near a mosque in Birmingham. Police are investigating the case but do not think the shooting is related to the mosque.
Key Facts
The shooting happened near a mosque in the Alum Rock area of Birmingham.
Police were called just before 5:30 pm on Wednesday.
The teenager suffered potentially life-threatening gunshot wounds.
He was taken to the hospital for treatment.
Police said the shooting likely is not connected to the mosque.
Officers are staying in the area to talk to local people and address concerns.
Investigators are reviewing forensic evidence and CCTV footage.
Police asked anyone with information or video from dashcams or doorbells to come forward.
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President Donald Trump visited the new Theodore Roosevelt Library in North Dakota. During the visit, he interacted with an artificial intelligence (AI) version of President Theodore Roosevelt, which shared words about presidential challenges and leadership.
Key Facts
President Donald Trump toured the Theodore Roosevelt Library on Wednesday.
The library is located in North Dakota.
An AI program portrayed former President Theodore Roosevelt.
The AI Roosevelt spoke about facing difficult challenges as president.
It emphasized staying calm and putting the nation first.
President Trump engaged in a conversation with this AI version of Roosevelt.
The event combined history with modern technology at the library.
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President Donald Trump said he will give a long speech on the National Mall for the United States’ 250th birthday, even though the weather is expected to be very hot, with temperatures around 107 degrees Fahrenheit.
Key Facts
President Trump plans to speak at the National Mall on July 4.
The event marks the 250th anniversary of the United States.
Weather forecasts predict temperatures around 107 degrees Fahrenheit on that day.
Despite the heat, President Trump promises to deliver a long speech.
The July 4 celebration is a significant national event.
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President Donald Trump spoke in North Dakota at the opening of the Theodore Roosevelt Presidential Library. During his remarks, he criticized the Supreme Court, Spain, and NATO. This event also marked his first flight on the new Air Force One given to the U.S. by Qatar.
Key Facts
President Trump gave a speech in North Dakota.
The event was for the opening of the Theodore Roosevelt Presidential Library.
He criticized the Supreme Court during his remarks.
He also criticized Spain and NATO.
This was his first flight on the new Air Force One plane.
The new Air Force One was a gift from the Qatari government to the U.S. last year.
CBS News chief White House correspondent Nancy Cordes reported on the event.
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