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FTX founder Sam Bankman-Fried hoped to be U.S. president someday, star witness says

Caroline Ellison, the tech executive who ran Sam Bankman-Fried 's hedge fund while sometimes dating him, testified Tuesday that he directed her to commit crimes before his cryptocurrency empire collapsed last November. She also revealed that her former boss and boyfriend thought he might be U.S. president someday.

Federal deficit hit $1.7 trillion in fiscal year 2023

Uncle Sam ran a deficit of nearly $1.7 trillion in the just-concluded fiscal year, the Congressional Budget Office said Tuesday, pointing to higher spending and lower revenue as the culprits for an increasingly grim fiscal picture.

McCarthy slams Dem leaders for not denouncing Tlaib’s Hamas attack statement 

Former Speaker Kevin McCarthy (R-Calif.) criticized Democratic leaders in a Tuesday interview for not condemning more forcefully Rep. Rashida Tlaib’s (D-Mich.) statement calling on the United States to halt aid to Israel after the country suffered the deadliest terror attack in its history by Hamas early Saturday. “And if you watched Tlaib, Tlaib said, our...

Watch live: Kari Lake announces Senate run

Republican Kari Lake is slated Tuesday evening to announce her campaign for the Senate as she makes a bid for Sen. Kyrsten Sinema’s (I) seat in Arizona. Lake, who previously ran for Arizona governor, registered her Senate campaign committee with the Federal Election Commission last week. The former news anchor lost to now-Gov. Katie Hobbs...

First US shipment of advanced weaponry arrives in Israel

The first U.S. shipment of advanced weaponry arrived in Israel on Tuesday, fulfilling the Biden administration's promise of backing the nation in its war against Hamas. Israel Defense Force (IDF) spokesperson Daniel Hagari said the first plane carrying advanced ammunition landed in Israel's Nebatim Air Base late Tuesday night, according to a post on X,...

Bipartisan lawmakers introduce Iron Dome appropriations act

Reps. Josh Gottheimer (D-N.J.), Claudia Tenney (R-N.Y.), Max Miller (R-Ohio) and Brad Schneider (D-Ill.) on Tuesday introduced a bill that would appropriate $2 billion to help Israel with its Iron Dome defense system. The Iron Dome is a system that intercepts rockets being fired at Israel. “Radical Iranian-backed Hamas terrorists are kidnapping, torturing, raping, burning...

Israel-Hamas war looms over economy

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story World economy slumps as conflict spikes The global economic outlook is growing worse as the potential for broader conflict in the Middle East injects fear into markets. © Getty Images The International Monetary Fund (IMF) warned Tuesday...

At least 20 Americans missing after Hamas attack, White House says

Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security   The Big Story White House: Americans among those held hostage by Hamas President Biden on Tuesday confirmed that American citizens are among those being held hostage by the militant group following its unprecedented coordinated attack against Israel. © AP...

A warming Colorado River grapples with invasive species 

Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment   The Big Story A warming Colorado River grapples with invasive species As climate change bakes the U.S. West and dries up key Colorado River reservoirs, a slew of invasive species is flourishing in warmer waters at the expense of...

Israel, Gaza disinformation spreads on X

Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story X under fire over Israel misinformation frenzy Experts said changes to Twitter, now known as X, under Elon Musk have created a platform ripe for the spread of misinformation. © Pavlo Gonchar/SOPA Images/LightRocket via Getty Images False claims have spread across X since...

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