Executive summary:
- President Donald Trump arrived at the country residence of the British Prime Minister this morning for a bilateral meeting with Prime Minister Sir Keir Starmer. London hopes a lavish State Visit at Windsor Castle will make Trump more pliable in thorny discussions on trade, national security, and government policy.
- Trump announced he is designating Antifa as a ‘major terrorist organisation’, in his first retributive action against the ‘radical left’ in the wake of Charlie Kirk’s assassination. The GOP has begun discussions on Trump's 'comprehensive' crime bill.
- The Federal Reserve lowered official borrowing costs by a quarter point. Trump's economic advisor Stephen Miran, the Fed's newest board member, dissented in favour of a larger cut.
- Canadian Prime Minister Mark Carney will meet with Mexican President Claudia Sheinbaum in Mexico City today as they formulate a response to Trump’s tariff threats.
- China is reportedly dropping an antitrust probe into Google.
- Senate Minority Leader Chuck Schumer (D-NY) released his own short-term funding bill as Democrats continue to play hardball with a government shutdown.
- Treasury Secretary Scott Bessent's chief of staff is expected to be named first deputy managing director at the IMF.
- The White House wants Senate Republicans to remove language limiting chip exports from the NDAA.
- President Trump’s special envoy to Venezuela hinted at a deal to avert a military confrontation.
- Poll of the Day: New survey data suggests Republicans would be held accountable for a government shutdown.
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