INTERNACIONAL
Inside Trump’s urgent meeting with House GOP to pass the ‘big, beautiful bill’
President Donald Trump rallied House Republicans behind closed doors to pass his «one big, beautiful bill» as soon as possible – and to quickly resolve their interparty disagreements in the process.
Trump made a rare visit to Capitol Hill just days before the House of Representatives is expected to vote on a massive bill advancing his agenda on tax, immigration, defense, energy and the debt limit.
It is a reflection of the high stakes that congressional Republicans and the White House are facing, with just razor-thin majorities in the House and Senate.
Trump warned House Republicans to not «f— around» with Medicaid and state and local tax (SALT) deduction caps, two significant points of contention for warring GOP factions, two people in the room told Fox News Digital.
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President Donald Trump, left, and House Speaker Mike Johnson are working to pass his «big, beautiful bill.» (Getty Images)
Two people said Trump targeted Rep. Mike Lawler, R-N.Y., on SALT specifically. Lawler, one of just three Republicans in districts Trump lost in 2024, has been one of the most vocal proponents of a higher SALT deduction cap.
«I know your district better than you do. If you lose because of SALT, you were going to lose anyway,» Trump said during his remarks, the sources told Fox News Digital.
When asked about those comments by reporters after the meeting, Lawler said, «The issue of SALT is one of the biggest issues impacting my district. It’s the reason I won.»
«I made very clear when I ran for office back in ’22 that I would never support a tax bill that does not adequately lift the cap on SALT,» Lawler said.
Meanwhile, three sources in the room said Trump also targeted Rep. Thomas Massie, R-Ky., who has frustrated both the president and House GOP leaders in the past by bucking the party line. Trump had called Massie a «grandstander» in public comments to reporters minutes before the meeting.
Massie told reporters when asked for his response, «It would be ironic if one of you guys who stopped me, wants to report that I’m a grandstander. Because you are the ones who are performing this, standing. I would be walking.»
«I don’t think he wants to talk about cutting spending,» Massie said of Trump.
President Donald Trump targeted Rep. Mike Lawler, pictured here, in his comments, Fox News Digital was told. (Tierney L. Cross)
SALT deduction caps and Medicaid remain two of the biggest sticking points in Republican negotiations. SALT deduction caps primarily benefit people living in high-cost-of-living areas like New York City, Los Angeles and their surrounding suburbs. Republicans representing those areas have argued that raising the SALT deduction cap is a critical issue and that a failure to address it could cost the GOP the House majority in the 2026 midterms.
Republicans in redder, lower-tax areas have said in response that SALT deductions favor wealthy people living in Democrat-controlled states and that such deductions reward progressive high-tax policies.
It was Trump’s Tax Cuts and Jobs Act of 2017 that first instituted caps on SALT deductions – setting the maximum at $10,000 for both married couples and single filers.
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SALT Caucus members like Lawler have rejected House Republican leaders’ offer to increase that to $30,000, but Trump told those Republicans to accept what offer was on the table, according to people in the room.
Members of the conservative House Freedom Caucus, meanwhile, are pushing for the bill to be more aggressive in cutting waste, fraud and abuse in the Medicaid system, including a faster timeline for implementing work requirements for able-bodied recipients. Currently, the legislation has work requirements kicking in 2029.
They also want to restructure Medicaid cost-sharing to put a bigger burden on the states.
Moderates, meanwhile, have been wary of making significant cuts to the program.
President Donald Trump also singled out Rep. Thomas Massie. (Anna Moneymaker/Getty Images)
A White House official said Trump stressed he wanted complete unity on the bill, and «made it clear he’s losing patience with all holdout factions of the House Republican Conference, including the SALT Caucus and the House Freedom Caucus.»
He also urged Republicans to debate SALT «later» while warning, «Don’t touch Medicaid except for eliminating waste, fraud, and abuse, including booting off illegal immigrants and common-sense work requirements,» the White House official said.
However, lawmakers leaving the meeting appear to have taken away very different conclusions.
«He’s just like, listen. I think where we’re at with the bill is good, and to keep pushing for more will be difficult,» Rep. Scott Fitzgerald, R-Wis., said of Trump’s Medicaid comments.
House Financial Services Committee Chairman French Hill, R-Ark., similarly said, «I think he’s referring to members who want to change the approach that the Energy & Commerce Committee has taken.»
«He thinks they’ve taken a good, balanced approach to preserve the program, enhance the program, while narrowing the scope and hunting out waste, fraud, and abuse,» Hill said.
Meanwhile, House Freedom Caucus Chairman Andy Harris, R-Md., told Fox News Digital, «I think the president will not mind changes that…decrease waste, fraud, and abuse in the bill.»
However, it is unclear how much Trump’s message moved Republicans who were skeptical of the bill previously.
Harris came out of the meeting insisting the House-wide vote should be delayed, so House Republicans could take more time to negotiate the bill.
Additionally, SALT Caucus Republicans like Lawler, as well as Reps. Nick LaLota and Andrew Garbarino of New York, indicated to reporters they would oppose the bill as currently written.
Some last-minute changes are expected to be made to the legislation before a 1 a.m. House Rules Committee meeting to advance the bill. The powerful panel acts as the final gatekeeper to most legislation before a House-wide vote.
Rep. Andy Harris said President Donald Trump will likely «not mind changes» to Medicaid. (Getty Images)
However, it is unclear now if changes will be made to SALT deduction caps or Medicaid after Trump urged Republicans to clear up both fights.
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Republicans are working to pass Trump’s policies on tax, immigration, energy, defense and the national debt all in one massive bill via the budget reconciliation process.
Budget reconciliation lowers the Senate’s threshold for passage from 60 votes to 51, thereby allowing the party in power to skirt the minority — in this case, Democrats — to pass sweeping pieces of legislation, provided they deal with the federal budget, taxation, or the national debt.
House Republicans are hoping to advance Trump’s bill through the House by the end of this week, with a goal of a final bill on the president’s desk by the Fourth of July.
House Of Representatives,Donald Trump,House Budget
INTERNACIONAL
Los motivos por los que el dólar cae en el mundo y el euro gana impulso en medio de la guerra comercial
El caótico despliegue de los aranceles del presidente Donald Trump llevó a los inversores a cuestionar ideas establecidas sobre la seguridad y estabilidad del dólar estadounidense, cuyo valor se desplomó este año. En la búsqueda de alternativas, muchos recurrieron al euro.
El euro subió más de 11% frente al dólar desde principios de año y alcanzó su nivel más alto en cuatro años, 1,18 dólares. El euro también creció durante ese periodo frente a otras divisas importantes, como el yen japonés, la libra esterlina, el dólar canadiense y el won surcoreano, lo que sugiere que su fortaleza es más que un reflejo de la debilidad del dólar.
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Christine Lagarde, presidenta del Banco Central Europeo, dijo que este momento era una oportunidad para que el euro ganara influencia a nivel mundial.
“Estamos asistiendo a un profundo cambio en el orden mundial: los mercados abiertos y las normas multilaterales se están fracturando, e incluso el papel dominante del dólar estadounidense, piedra angular del sistema, ya no es seguro”, escribió la semana pasada.
El papel del dólar como moneda de reserva mundial otorga a Estados Unidos un “privilegio exorbitante”, término acuñado a regañadientes por un político francés en la década de 1960. Dado que los inversores, los gobiernos y los bancos centrales de todo el mundo buscan la rentabilidad segura y predecible de los activos denominados en dólares, como los bonos del Tesoro, existe una demanda sólida y constante por dólares. Esto facilita el endeudamiento del gobierno estadounidense y aumenta el poder adquisitivo de los consumidores. (Foto: The New York Times)
La eurozona, formada por los 20 países que utilizan el euro y que rivaliza con Estados Unidos en tamaño y riqueza, nunca atrajo a los inversores de la misma manera. El euro ocupa un distante segundo lugar, detrás del dólar, en términos de uso global.
La reciente subida del euro supone un gran cambio respecto a hace solo tres años, cuando cayó hasta la paridad con el dólar porque los inversores temían los daños de la creciente inflación y la invasión de Ucrania por Rusia. Y está a un mundo de distancia de la crisis de deuda de la eurozona de la década pasada, cuando a veces parecía que la unión monetaria corría el riesgo de desmoronarse.
A pesar de lo positiva que fue la recuperación del euro tras esos episodios, —el euro cotiza cerca de un máximo histórico frente a las monedas de decenas de grandes socios comerciales—, también es posible tener demasiado de algo bueno.
A medida que el dinero fluye hacia el euro y los activos denominados en euros, como la deuda pública alemana, algunos economistas y ejecutivos advierten de que la fortaleza de la moneda podría perjudicar a los exportadores. Estos ya se enfrentan a los aranceles de Trump, que encarecen sus productos para los compradores extranjeros, así como a una mayor competencia de los rivales chinos en mercados clave.
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“Es probable que una mayor fortaleza del euro sea contraproducente”, dijo Valentin Marinov, estratega de divisas del banco francés Crédit Agricole. Ya era probable que las exportaciones se debilitaran y se convirtieran en un lastre para la economía de la eurozona debido a los aranceles estadounidenses y a las políticas del gobierno europeo que fomentarían más importaciones.
Después de que una subida de los precios de la energía provocara años de lucha para reducir la inflación, el Banco Central Europeo, que fija las tasas de interés para la eurozona, se enfrenta ahora a la perspectiva de que la inflación podría ser demasiado baja.
El banco prevé una inflación media de 1,6% el próximo año, notablemente por debajo de su objetivo de 2 por ciento. Esto se debe en parte al impacto de un euro fuerte, que abarata las importaciones.
Algunos legisladores dijeron que existe el riesgo de que la lenta inflación se consolide, un problema ya conocido en la región. Durante casi una década, hasta 2021, el banco central mantuvo sus tipos de interés oficiales por debajo de cero, con la esperanza de estimular un crecimiento económico más rápido y fomentar un aumento constante de los precios. Los legisladores esperaban que esto se tradujera en un aumento de los salarios y en una mejora del nivel de vida.
Los responsables del BCE decidieron mantener las tasas de interés, pero los analistas están aumentando las apuestas de que podrían volver a recortarlas a finales de año, si las perspectivas económicas se oscurecen o la fortaleza del euro hace que las previsiones de inflación sean aún más bajas.
Reducir las tasas de interés tiende a debilitar una moneda, pero la reciente fortaleza del euro se ha producido, sobre todo, cuando el BCE recortó las tasas ocho veces en un año.
Luis de Guindos, vicepresidente del banco central, dijo que si el euro subiera por encima de 1,20 dólares, eso “sería mucho más complicado”. (Foto: AFP/DANIEL MUNOZ)
Algunas empresas europeas grandes advirtieron sobre el efecto de la fortaleza de la moneda en sus ganancias, especialmente en Alemania, un país muy exportador.
SAP, una empresa de software que recientemente se convirtió en la firma pública más valiosa de Europa, dijo que cada aumento de un centavo en el tipo de cambio euro-dólar se traduce en un descenso de 30 millones de euros en los ingresos, sin coberturas de divisas. Adidas, la marca de ropa deportiva, dijo que un euro fuerte tiene “efectos de conversión negativos” en sus ventas en el extranjero. Daimler, fabricante de camiones, dijo que las fluctuaciones del tipo de cambio euro-dólar “podrían afectar significativamente” a sus resultados financieros.
Resulta difícil predecir el futuro del euro.
Actualmente, cotiza en torno a 1,17 dólares, y los analistas encuestados por Bloomberg esperan que siga fortaleciéndose hasta 1,21 dólares el año que viene. Pero Marinov, de Crédit Agricole, dijo que creía que los operadores se habían adelantado: él espera que el euro vuelva a caer hacia 1,10 dólares el año que viene.
El repunte de la moneda este año no significa necesariamente que se vaya a producir un cambio duradero hacia el euro, en el que este represente una mayor proporción de las reservas de los bancos centrales o se utilice en más pagos transfronterizos.
Lagarde, del BCE, dijo que aprovechar el momento para un “euro global” requeriría un esfuerzo concertado para reforzar la fragmentada economía del bloque, racionalizar su gobernanza y profundizar sus mercados de capitales, entre otras cosas. “El paso hacia una mayor prominencia internacional de nuestra moneda no se producirá por defecto: hay que ganárselo”, dijo.
Por Eshe Nelson.
Dólar, euro, banco central europeo
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President Donald Trump is doubling down on his nomination of Alina Habba after federal judges in New Jersey declined to extend her term as interim U.S. attorney, and instead chose to replace her with a different prosecutor, whom the DOJ subsequently fired.
The unusual chain of events has led to confusion over who will become the next interim U.S. attorney in the District of New Jersey, as Habba’s 120-day term is set to expire this week.
A White House spokesman said in a statement provided to Fox News Digital that Trump supports Habba becoming the permanent U.S. attorney, a position that requires Senate confirmation.
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President Donald Trump listens as White House Presidential Counselor Alina Habba delivers remarks before being sworn in as the interim U.S. Attorney for New Jersey in the Oval Office at the White House on March 28, 2025, in Washington, D.C. (Andrew Harnik/Getty Images)
«President Trump has full confidence in Alina Habba, whose work as acting U.S. Attorney for the District of New Jersey has made the Garden State and the nation safer,» White House spokesman Harrison Fields said. «The Trump Administration looks forward to her final confirmation in the U.S. Senate and will work tirelessly to ensure the people of New Jersey are well represented.»
But Habba’s vote in the Senate does not appear to be happening anytime soon, if at all. New Jersey’s two Democratic senators, Cory Booker and Andy Kim, are currently blocking Habba’s nomination through the Senate’s «blue slip» tradition, and a person familiar with the process said the Senate has not received materials needed to vet her nomination in any case.
In the meantime, arcane laws surrounding the authority to fill federal vacancies have become pertinent.
Trump appointed Habba as the temporary U.S. attorney in March, but that term expires on Friday, according to the Department of Justice. Statutes indicate that federal judges have the authority to extend an interim U.S. attorney’s term or vote on replacing that person.
The district court judges of New Jersey, most of whom were appointed by Democratic presidents, convened behind closed doors on Monday and chose to replace Habba with her top assistant, Desiree Grace, a career DOJ prosecutor since 2016. Grace rose through the ranks to become head of the criminal division in New Jersey before becoming Habba’s No. 2 in April.
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Trump lawyer Alina Habba speaks at a campaign rally for then-Republican presidential candidate Donald Trump at the PPL Center in Allentown, Pennsylvania, on Oct. 29, 2024. (ANGELA WEISS/AFP via Getty Images)
However, Attorney General Pam Bondi alleged that the judges infringed on Trump’s authority to appoint U.S. attorneys by voting to replace Habba. Bondi said she «removed» Grace in response to the judges’ actions.
«[Habba] has been doing a great job in making NJ safe again,» Bondi said in a statement. «Nonetheless, politically minded judges refused to allow her to continue in her position, replacing Alina with the First Assistant. Accordingly, the First Assistant United States Attorney in New Jersey has just been removed.»
Grace could not be reached for comment. An anonymous source with knowledge of the matter told the New York Times that Grace received an email Tuesday informing her that she was fired.
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In this Sept. 4, 2018, photo, Senate Judiciary Committee member Sen. Cory Booker, D-N.J. speaks during the committee’s Supreme Court nominee Brett Kavanaugh’s nominations hearing on Capitol Hill in Washington. (AP)
A Habba spokeswoman told Fox News Digital that Habba is still the interim U.S. attorney through Friday. But the tension between the DOJ and the judges leaves open the question of who will assume the role come Saturday.
Booker said that firing a court-appointed U.S. attorney was part of a «pattern» of the DOJ flouting the law.
«The firing of a career public servant, lawfully appointed by the court, is another blatant attempt to intimidate anyone that doesn’t agree with them and undermine judicial independence,» Booker wrote on X.
Booker is among the critics who have deemed Habba unqualified for the job. Habba, who served as Trump’s legal spokeswoman and personal defense lawyer during his criminal prosecutions, had no experience as a prosecutor before Trump appointed her as lead prosecutor in New Jersey.
Upon taking the job, Habba was accused of politicizing the role after she advocated turning New Jersey «red,» and she drew a rare rebuke from a judge for ordering Newark’s Democratic mayor arrested and then quickly dismissing the charges.
But Trump and DOJ leadership are standing firmly by Habba. The Trump administration found a workaround in the Northern District of New York when John Sarcone’s term as U.S. attorney recently expired there, but it is unclear if a similar option is available for Habba.
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Anne Joseph O’Connell, a Stanford Law School professor, wrote on Bluesky that she believed Trump had the authority to fire Grace and possibly re-appoint Habba to serve out another temporary term.
«The question now is, will they name Habba to a new 120-day interim US attorney appointment or will they turn to the Vacancies Act and name a different person as acting U.S. attorney,» O’Connell wrote.
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At least 12 people have died as violent clashes escalate along the Thailand-Cambodia border. Amid the rising tensions, Thailand has closed its border with Cambodia.
One of Thailand’s six F-16 fighter jets along its disputed border fired into Cambodia and destroyed a military target, according to Reuters, which cited the Thai army. The outlet added that Cambodia’s Ministry of National Defense said the jets dropped two bombs on a road. The ministry said that it «strongly condemns the reckless and brutal military aggression of the Kingdom of Thailand against the sovereignty and territorial integrity of Cambodia,» according to Reuters.
People rest at a shelter, following recent clashes along the disputed border between the two countries, according to authorities people have been killed across three border provinces, in Surin province, Thailand, July 24, 2025. (REUTERS/Pansira Kaewplung)
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Late on Wednesday, Thailand recalled its ambassador to Cambodia and announced it would expel the ambassador from Cambodia. On Thursday, Cambodia downgraded its diplomatic relations with Thailand to the lowest level and recalled all staff from its embassy in Bangkok, the Associated Press reported. Additionally, the Cambodian Foreign Ministry demanded all Thai diplomatic staff leave the country.
Malaysian Prime Minister Anwar Ibrahim said he would speak to the leaders of both countries by the end of the day, according to the BBC. Malaysia is currently serving as the chair of the Association of Southeast Asian Nations (ASEAN), putting Ibrahim in a position to mediate, as both Cambodia and Thailand are member states.
Royal Thai Army soldiers are pictured on armored vehicles on a road in Chachoengsao province on July 24, 2025. (Lillian Suwanrumpha/AFP via Getty Images)
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The U.S. Embassy in Bangkok and the U.S. Embassy in Phnom Penh advised American citizens living in or traveling near the border area to follow the directions of local security personnel.
This comes almost exactly one month after both embassies warned U.S. citizens in their respective countries against going near the border. The State Department issued a «Level 1 with risk» travel advisory — just above the lowest level — urging Americans to exercise caution, though travel is permitted.
Cambodian soldiers reload the BM-21 multiple rocket launcher in Preah Vihear province on July 24, 2025. Thailand launched air strikes on Cambodian military targets on July 24 as Cambodia fired rockets and artillery, killing a civilian, in a dramatic escalation of a long-running border row between the two neighbors. (STR/AFP via Getty Images)
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While it is unclear how the latest clashes between Cambodia and Thailand began, the violence follows a dispute in May, during which troops from both sides exchanged fire. According to The Associated Press, both sides said they acted in self-defense and one Cambodian soldier was killed.
Following the flare-up in May, both countries took retaliatory actions, with Thailand stopping nearly all border crossings before ultimately closing them entirely. Meanwhile, Cambodia banned Thai movies and TV.
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