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The Latest: Scott Bessent testifies before the House on Treasury Department priorities

APTOPIX Trump
President Donald Trump speaks in the Oval Office of the White House, Wednesday, June 3, 2026, in Washington. (AP Photo/Alex Brandon)
AP Photo/Alex Brandon / Alex Brandon

Treasury Secretary Scott Bessent is back on Capitol Hill to testify before the House Ways and Means Committee on the department’s priorities, one day after he refused to say whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund that would have benefited the president’s allies.

Meanwhile, former Trump administration national security adviser John Bolton has agreed to plead guilty to a single count of retaining classified information under a deal with the Justice Department that could allow him to avoid prison time, a person familiar with the matter said Thursday.


Here's the latest:

Trump’s track record hasn’t been great for jobs mining coal

The U.S. president bragged at an Oval Office event to back the coal industry that his policies are putting coal miners back to work, but the numbers tell the exact opposite story.

“They’re all going back to work,” Trump claimed.

Since Trump became president in 2025, the U.S. has lost 1,800 coal mining jobs, according to the Bureau of Labor Statistics.

The job losses translate into more than 4% of the coal mining workforce. Employment in the coal mining sector was hurt by the pandemic and rebounded during much of the term of former President Joe Biden. Coal mining jobs began to decline in late 2024 and the losses have been sustained during Trump’s second term.

Rubio assures Kuwait of US support in meeting with FM after Iranian strike on airport

Secretary of State Marco Rubio has assured Kuwait of U.S. support for the country a day after Iran launched a retaliatory airstrike on Kuwait’s international airport.

In a meeting on Thursday with Kuwait’s foreign minister, Rubio “reiterated the commitment of the United States to Kuwait’s security, to ensuring that Iran never acquires a nuclear weapon, and restoration of freedom of navigation through the Strait of Hormuz,” the State Department said in a statement.

Rubio “also condemned Iran’s outrageous and unacceptable attacks targeting Kuwait International Airport and other parts of the country and expressed condolences for those killed and injured in that attack,” it said.

Trump does show-and-tell with Reflecting Pool

The president kicked off an event at the White House about coal by showing off what he said was “nice clean water” filling up the Lincoln Memorial Reflecting Pool after the renovation he directed.

The president held up for reporters images of the refinished pool and a poster boasting of the length of the basin. He then had an aide play a video on a small laptop screen showing water bubbling back into the drained pool.

“The water is pouring in as we speak,” Trump said.

Trump says Reflecting Pool work is done and it’s set to be filled with water

The president’s renovation of the Lincoln Memorial Reflecting Pool is done, and it’s set to be filled with water any day now, his administration says.

Trump noted the work to paint the shallow basin a deep shade, which he calls “American flag blue,” was completed on Wednesday. The administration said in a court filing it’s set to be filled with water no later than Sunday.

Trump announced the project in April, inspired by a friend’s complaint. The cost is estimated at $1.5 million to $2 million, but records show at least $14.8 million worth of contracts has been awarded for the project.

Critics argue the Republican president is focusing too much on personal projects.

A nonprofit filed a lawsuit to stop work at the “dark grey” pool, claiming the new paint color suggested a “theme park.” The pool was built in the 1920s and is an iconic Washington site.

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House poised to pass Ukraine aid over the objections of Republican leaders

The House is on course to pass legislation that would aid Ukraine and sanction key segments of the Russian economy despite opposition from Republican leaders who warn the bill will undermine negotiations designed to achieve a comparable but stronger result.

The legislation, sponsored by Democratic Rep. Gregory Meeks of New York, seeks to cement U.S. assistance for Ukraine by providing more than $1 billion in security and reconstruction aid. It would make another $8 billion available for Ukraine’s defense through loans.

The vote Thursday could generate the House’s second major foreign policy break this week with Trump. It comes one day after the House for the first time approved a war powers resolution aimed at halting the U.S. military action against Iran.

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Some Republican governors are rebranding June with conservative alternatives to Pride

June is widely recognized as Pride Month, but a handful of Republican governors have bestowed alternative titles that both supporters and opponents view as counterprogramming.

Without directly saying the idea was to replace Pride, the governors of Indiana and Tennessee rebranded June as Nuclear Family Month to celebrate units made up of “one husband, one wife and any biological, adopted or fostered children.”

In Alabama, it’s Strong Families Month, intended to coincide with Father’s Day.

The governors of Utah and Arkansas deemed it Fidelity Month, which emphasizes fidelity to faith, country and family — without comment on how those families might be comprised.

Pride organizations say the efforts to rename the month won’t affect their parades and other celebrations. The festivities were born out of protest more than 50 years ago, and organizers say that remains essential to their purpose.

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Trump expected to announce $700 million in new support for struggling coal industry

The president is again seeking to boost the struggling U.S. coal industry, with an announcement expected Thursday to spend nearly $700 million to support coal-fired power plants and coal exports.

A White House official said the administration will use authority under a Cold War-era national defense law to support 13 coal plants across the country and help build coal plants in Alaska and West Virginia.

If built, the plants would be the first new U.S. coal plants since 2013. The money will also help restart a coal-fired power plant in Maryland and support construction of a long-delayed coal export terminal in Oakland, California.

Environmentalists said the plan would “put polluters first” and jeopardize Americans’ health.

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American Airlines temporarily suspends some of its summer routes due to steep jet fuel costs

American Airlines is temporarily suspending some of its routes this summer, as steep jet fuel costs continue to strain carriers’ budgets amid the war with Iran.

In a statement, American said it had adjusted service for “select routes” in August and September — and that affected travelers would be offered alternative arrangements or refunds. The Texas-based airline cited elevated fuel costs, and maintained that these changes were in line with wider industry trends.

American also said that it was not cutting any of its routes indefinitely and that it was proud to “offer an industry-leading network with more flights than any other U.S. airline.”

Still, the summer suspensions could cause more headaches for travelers already facing fewer flights options and higher price tags across their budgets. Airlines around the world have canceled numerous flights or similarly trimmed schedules through the coming months — and many have are also hiking fees or cutting other perks in efforts to save money.

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Supreme Court sides with Trump administration on federal regulation of telecom companies

The Supreme Court sided with the Trump administration Thursday in a case about the power of federal regulators to enforce data privacy laws on telecommunications companies.

The 8-1 decision upheld one of the Federal Communications Commission’s key tools, though the companies also won a concession from the Republican administration that could shift the regulatory landscape.

The appeal from telecommunications giants Verizon and AT&T challenged a combined $100 million in penalties imposed after the agency determined the companies had failed to safeguard customer location data.

The companies argued that the FCC’s process was unconstitutional because it gave them little opportunity to tell their side of the story in front of a jury.

The administration defended the fines as an essential regulatory tool. But the government also said companies did not have to pay the penalties right away, a regulatory shift in the company’s favor.

The Supreme Court agreed.

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Ex-national security adviser John Bolton will plead guilty in classified information case: AP source

The former Trump administration national security adviser has agreed to plead guilty to a single count of retaining classified information under a deal with the Justice Department that could allow him to avoid prison time, a person familiar with the matter said Thursday.

The deal would resolve a criminal case filed in October that charged Bolton with 18 counts of either retaining or sharing diary-like notes with family members that officials said contained classified information as he was preparing a memoir of his time in government.

Under the agreement, Bolton would also face a $2.25 million fine, said the person, who insisted on anonymity to discuss a deal that hadn’t been made public. Any prison sentence would be capped at five years, but the agreement allows for him to avoid time behind bars, though the punishment will ultimately be up to a judge.

A rearraignment, which typically signals a plea agreement, is scheduled for June 26.

The Justice Department declined to comment.

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— Eric Tucker

Senate begins voting on bill to fund ICE and Border Patrol as Democrats try to derail it

The Senate is beginning a long series of votes Thursday on legislation to fund President Trump’s immigration enforcement agencies, moving toward passage of a three-year fix as Democrats have blocked the money for months in protest.

The roughly $70 billion bill to fund U.S. Immigration and Customs Enforcement and the Border Patrol would end the blockade by Democrats who demanded policy changes after the fatal shootings of two protesters by federal agents in January. The bill would fund the agencies for three years, through the end of Trump’s term.

First, though, Republicans must beat back a potential gauntlet of amendments Democrats plan to offer, including to try and permanently ban Trump’s $1.776 billion settlement fund for allies who he believes have been politically persecuted. Democrats have said their first amendment Thursday morning will be to eliminate the fund and send the immigration spending bill back to committee.

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US jobless aid filings, a proxy for layoffs, hit highest level since Iran war began in February

The number of Americans filing for jobless aid hit their highest level in four months last week, but layoffs remain historically low despite ongoing economic uncertainty brought on by the war in Iran.

U.S. applications for unemployment benefits for the week ending May 30 increased by 13,000 to 225,000, the Labor Department reported Thursday. That’s the most since early February, before the U.S. and Israel launched attacks on Iran, but still a historically low level. Analysts surveyed by FactSet expected 211,000 new applications.

Weekly filings for unemployment benefits are considered a proxy for U.S. layoffs and are close to a real-time indicator of the health of the job market.

Despite historically low layoffs, the labor market seems to be mired in what economists call a “low-hire, low-fire” state. That’s kept the unemployment rate low at 4.3%, but left many of those out of work struggling to find new employment.

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Trump officials went after dozens of colleges. Now they’re rewriting the rules for all of academia

A year ago, the White House was unleashing a blitz on higher education. At one campus after another, Trump officials opened investigations and cut federal funding unless schools fell in line with the Republican president’s political agenda.

Now, after a campaign that put dozens of universities under investigation, Trump’s administration is taking a wider approach, moving to rewrite the federal rules that govern all of higher education. Demands that were being pressed on individual schools are being written into the fine print for thousands of U.S. universities.

“We’re coming over the higher education system and course correcting,” Nicholas Kent, undersecretary for the Education Department, said in an Associated Press interview. Unlike investigations that target individual campuses, he said the new tactic has power “to affect 6,000 institutions.”

The shift comes after federal judges blocked Trump’s administration from making crippling cuts at Harvard and the University of California, Los Angeles. It also follows a mass exodus in civil rights lawyers who traditionally guide investigations against universities. Still, Trump hasn’t backed down from his campaign to end what he calls “wokeness” run amok in academia.

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Buffalo named Donald Trump for his golden locks is a sensation at a Bangladesh zoo

With his shock of golden hair and trim 700-kilogram (1,500-pound) build, Donald Trump has been drawing crowds from across Bangladesh since he arrived at the national zoo last week.

The rare albino buffalo became a sensation when a farmer noticed that his blond tuft of hair resembled the distinctive locks of the U.S. president. After a video of the pale horned mammal went viral on social media, large numbers of people started showing up at the farm outside Dhaka to see him for themselves.

The animal was originally meant to be slaughtered for the Muslim festival of sacrifice. But citing security concerns, the government ordered him transferred to the zoo in the capital, where large crowds are now braving sweltering heat to see him.

“There is a resemblance to Donald Trump in its eyes, hairstyle, and skin color,” said Mohammed Nasim, a student in Dhaka. “And just as Donald Trump has a distinctive personality and lifestyle, this buffalo, after going viral, is now living a similar kind of life, enjoying a lot of attention and special treatment.”

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Trump slams the 4 Republicans who voted in favor of war powers resolution

The president says the symbolic House vote approving a war powers resolution that would halt the U.S. military action against Iran, was “meaningless.”

Still, Trump is livid that four House Republicans joined the Democrats in supporting the resolution.

“The Democrats are fueled by Trump Derangement Syndrome,” Trump said in a post on his social media site. “They would rather have our Country fail than give me another, of many, victories. The four Republicans, that’s a whole other story - They’re GRANDSTANDERS! They should be ashamed of themselves.”

Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits

Bessent refused to say Wednesday whether Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund that would have benefited the president’s allies.

“There’s continuing litigation, and I’m unable to comment on ongoing litigation,” Bessent told lawmakers at the Senate Finance Committee hearing.

It was a frustrating answer for Democratic lawmakers looking to get answers from Bessent at a hearing ostensibly focused on the Treasury Department’s budget and came a day after acting Attorney General Todd Blanche seemed to indicate that the portion of the settlement dealing with the IRS audit immunity would still be in effect for the Republican president.

After several failed attempts to get Bessent to answer, Sen. Catherine Cortez Masto, D-Nev., said, “It’s been very clear you’re dodging this and you’re trying to use it as an excuse. It’s just outrageous on behalf of the American public.”

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Trump says he'll nominate Todd Blanche to serve as attorney general

Trump said Wednesday that he will nominate Todd Blanche to serve as attorney general, tapping his former personal lawyer who has aggressively pursued the Republican president’s agenda while leading the Justice Department in an acting role.

Trump said at a dinner at the White House that he plans to nominate Blanche formally on Thursday, according to a video of the event posted on social media by a White House aide.

“We are going to make him permanent attorney general,” Trump said at the Rose Garden event.

Blanche was brought into the Justice Department as deputy attorney general and was elevated after Bondi’s ousting over her failed efforts to prosecute Trump’s perceived political opponents. Blanche insisted he wasn’t auditioning for the permanent post but made clear through splashy moves since taking the reins his intent on proving his loyalty to Trump.

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Senate begins voting on funding immigration enforcement after Trump’s settlement fund is dropped

The Republican-led Senate is moving forward with legislation to fund immigration enforcement agencies after forcing the Trump administration to say it will drop its settlement fund for political allies and stripping a separate proposal for White House security from the bill.

The Senate voted 53-46 on Wednesday to begin debate on the roughly $70 billion bill to fund U.S. Immigration and Customs Enforcement and the Border Patrol. The legislation was delayed for weeks as Republican senators navigated the various obstacles to passage created by President Donald Trump and the White House, but they are now moving quickly to pass it after paring it back to its original form.

“Right now, the goal is to get the base bill across the finish line,” said Senate Majority Leader John Thune, R-S.D.

Still, Republicans will need to find enough votes to beat back multiple amendments that Democrats — and some Republicans — say they will offer to permanently ban Trump’s $1.776 billion settlement fund.

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With Trump in a holding pattern on Iran war, allies and critics worry he risks getting boxed in

Trump is facing warnings from foes and allies alike that he’s getting boxed in on the Iran war, a conflict he sold as a brief military incursion but that has since settled into a holding pattern.

It’s been nearly a week since U.S. and Iranian negotiators reached a tentative agreement to extend the ceasefire in the conflict by 60 days and start a new round of talks on Iran’s nuclear program that required Trump’s sign off.

But Trump has called for unspecified changes to the agreement and Iranian officials — perhaps calculating that he is reluctant to restart the bombardment after burning through key weapons systems — are showing no signs they’ll give in to new demands.

A series of strikes by the U.S. and Iran this week has raised fresh concern that the ceasefire could collapse. Trump on Wednesday downplayed the significance.

There’s growing concern inside the administration and among key advisers and allies that Trump now finds himself in a bind, according to a U.S. official and another person familiar with the administration’s internal deliberations.

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— Aamer Madhani and Matthew Lee

House approves war powers resolution to halt military action against Iran in a rebuke of Trump

The House for the first time Wednesday approved a war powers resolution that would halt the U.S. military action against Iran, defying Trump, as a handful of Republicans joined with Democrats to end the three-month-long conflict that has reordered politics at home and abroad.

House Speaker Mike Johnson had tried to prevent an outcome that would show the mounting opposition to the war, abruptly shutting down floor action two weeks ago when the resolution was on the verge of approval. But displeasure has only grown as the conflict drags on and as Trump struggles to negotiate a plan for peace.

“Enough is enough,” said Rep. Gregory Meeks of New York, the top Democrat on the House Foreign Affairs Committee, who led the effort.

“It is time for the president to do the right thing,” he said. “The people are tired of suffering because of his war of choice — suffering at the gas pump, suffering at the supermarkets.”

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