1. Curbing Record Beef Prices —According to the Wall Street Journal: The Trump administration is attempting to curb record-high beef prices. The administration plans to provide funding to smaller meat processors to encourage them to continue slaught

2026-07-01

1. Curbing Record Beef Prices —According to the Wall Street Journal: The Trump administration is attempting to curb record-high beef prices. The administration plans to provide funding to smaller meat processors to encourage them to continue slaughtering cattle; the U.S. Department of Agriculture plans to provide up to $500 million to support beef processing. 2. Cutting Funding for New York State's Medicaid Fraud Investigations Unit —The Trump administration announced Tuesday that it will stop funding New York State's Medicaid Fraud Investigations Unit, citing poor performance; this move could jeopardize the state's eligibility for federal funding for healthcare services for low-income individuals. 3. Keeping a Close Eye on Gasoline Retailers—U.S. Treasury Secretary Bessenter urged gasoline retailers to lower prices to coincide with this month's celebrations of the U.S.'s 250th anniversary of its founding, warning that the Trump administration is closely monitoring the situation. 4. Hearing Plans for War on Iran but Choosing to Continue Negotiations—According to the Wall Street Journal: President Trump was briefed on plans for a full-scale war against Iran but chose to continue negotiating. 5. Cold Resentment Towards the USMCA —The countdown to the expiration of the comprehensive trade agreement, signed by President Trump during his first term, is beginning as officials begin reviewing it. The USMCA, which came into effect six years ago, is the cornerstone of nearly $2 trillion in annual trade among the three countries. 6. Annual Financial Disclosure —According to a 2025 annual financial disclosure document released Tuesday (June 30) by the Office of Federal Ethics (OGE), President Trump, amidst his busy political schedule, has also been active in investing, skillfully trading stocks and cryptocurrencies. 7. Criticism of Birthright Citizenship Ruling —The U.S. Supreme Court upheld the birthright citizenship principle, which grants citizenship to virtually everyone born in the United States, thus rejecting a core claim in Trump's anti-immigration agenda. Trump called the ruling "terrible for our country." 8. Announcement of Republican Midterm Election Convention —President Trump announced that the Republican Party plans to hold a convention in Dallas, Texas in September to mobilize voters for the November midterm elections. This arrangement breaks with convention. Such national conventions are usually held only in presidential election years, not in midterm election cycles.