Treasury Secretary Bessent said at a Camp David cabinet meeting on July 31 that, at President Trump’s direction, the Treasury is continuing an economic campaign against Iran and is tracing Iranian assets worldwide. He claimed measures advanced in March 2025 resulted in Iran’s largest private bank declaring bankruptcy by year-end, forced large-scale central bank money printing that pushed up inflation, and left Iran unable to pay military wages.

BYD said July vehicle sales reached 419,211 units; overseas sales were nearly 180,000, a record high. Jan–Jul 2026 cumulative sales totaled 2,227,722 vehicles. Cumulative sales of new energy vehicles exceed 17.3 million.

Just after 10 a.m. local Friday, FOX 5/KUSI reported heavy smoke near Marine Corps Air Station Miramar in California. Marine officials said emergency crews are responding to an F-35 aircraft incident on the flight line. The jet is assigned to the 3rd Marine Aircraft Wing’s Marine Aircraft Group 11. Fire was reported east of the runway near Kearny Villa Road and Johnson Road; news helicopter footage showed heavy smoke and what appeared to be a burned aircraft.