Donald Trump

Trump heads into Situation Room to potentially finalise Iran deal | Donald Trump

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US President Donald Trump posted online that he’s heading into the Situation Room at the White House to make a “final determination” on potentially finalising a peace deal with Iran. Al Jazeera’s Patty Culhane reports from the White House.

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Trump says ‘final determination’ to be made on possible Iran deal | US-Israel war on Iran News

Deep mistrust remains between Washington and Tehran as Iran’s top negotiator urges action, not words.

United States President Donald Trump says he is meeting in the Situation Room to make a “final determination” on a possible deal with Iran that could extend the ceasefire and reopen the Strait of Hormuz.

However, deep mistrust remains between the two sides. Iran’s top negotiator, Mohammad Bagher Ghalibaf, said earlier on Friday that Tehran would judge any agreement by actions rather than promises as talks continue.

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In his latest post on the Truth Social platform, Trump on Friday set out numerous conditions for Tehran to accept, including: never having a nuclear weapon or bomb, the Strait of Hormuz being open in both directions and without tolls, the removal of any remaining mines left in the Strait, and the US unearthing and destroying Iran’s enriched uranium that is buried.

“Ships caught in the Strait due to our amazing and unprecedented Naval Blockade, which will now be lifted, may start the process of ‘heading home!’” Trump wrote.

“No money will be exchanged until further notice. Other items, of far less importance, have been agreed to. I will be meeting now, in the Situation Room, to make a final determination,” he added.

Reporting from the White House, Al Jazeera’s Patty Culhane said that in the past, the Trump administration has indicated that a deal has been reached, only to find out it has not.

“If this was in fact a deal, it would be the entire wishlist of what the US was demanding and none of the concessions that Iranian were asking for,” she explained.

Uncertainty about the details of a memorandum of understanding (MOU) has grown over the past week amid ongoing distrust between the two sides as they seek to end the three-month-long war.

On Thursday, White House sources told Al Jazeera that the US and Iran had reached a tentative agreement to extend the ceasefire by 60 days to allow for formal negotiations, but Trump has yet to sign off.

Moreover, earlier on Friday, Iran’s top negotiator Ghalibaf said that Tehran did not trust “guarantees and words, only actions are the criterion”.

“No action will be taken before the other side acts,” he said in a social media post, without elaborating.

“The winner of any agreement is the one who is better prepared for war the day after,” the Iranian official added.

Still, Iranian state news outlet Fars, citing sources, reported on Friday that the agreement with the US was in its final stages of ratification, but no final decision has been made yet.

The sources stressed that there were no provisions about destroying Iran’s nuclear materials in the MOU and added that arrangements for the reopening of the Strait of Hormuz could include the monitoring and inspection of ships.

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Chicago U.S. attorney denies investigation into E. Jean Carroll

May 29 (UPI) — Reports that the U.S. Attorney’s Office in Chicago is investigating President Donald Trump accuser E. Jean Carroll are denied by that office, one day after widespread reporting by multiple news outlets.

“In light of wide-spread reporting and intense media and public interest into the E. Jean Carroll matter in New York, the Chicago U.S. Attorney’s Office can confirm that it has not opened — and has never opened — a criminal investigation into E. Jean Carroll. Any claim to the contrary is categorically false,” U.S. Attorney for the Northern District of Illinois Andrew S. Boutros posted a statement on X.

CNN broke the news Thursday, citing multiple sources familiar with the matter, and other news outlets confirmed with their sources. They reported that Acting Attorney General Todd Blanche had recused himself from the investigation because he had represented President Donald Trump in one of his appeals of a civil case brought by Carroll.

Carroll won two civil suits against Trump. One alleged that he sexually assaulted her in a New York department store in the 1990s and another one was for defamation in 2019, after he denied the assault and said she made up the attack to boost book sales. In the assault case, Carroll was awarded $5 million, and in the defamation case, she was awarded $83 million.

The reported investigation was allegedly into a 2022 deposition in which Carroll said she received no outside funding for the suit. Later, it came to light that billionaire Reid Hoffman, co-founder of LinkedIn, paid some of her legal fees and expenses.

The BBC reported Friday that CBS News had initially reported the investigation but later reported that its source had clarified that Carroll’s testimony about funding for her lawsuits against Trump was being looked at as part of an investigation into a nonprofit run by Hoffman. CBS published an editor’s note Thursday to clarify.

Secretary of State Marco Rubio and President Donald Trump participate in a Cabinet meeting in the Cabinet Room of the White House on Wednesday. Photo by Samuel Corum/UPI | License Photo

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Just what are Israel’s long-term plans for Gaza? | Gaza News

After two years of relentless bombardment and ground invasions, Israel’s future in Gaza had appeared to be settled with the signing of United States President Donald Trump’s 20-point peace plan on October 9, 2025.

Under the terms of that agreement, Israeli forces were meant to withdraw behind what planners called the “Yellow Line”, maintaining control of 58 percent of the territory, with their full withdrawal to be set at a date to be determined.

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That withdrawal hasn’t happened. In fact, in the months since, as well as killing at least 922 people in near-daily strikes on the enclave during the “ceasefire”, Israel has expanded its territory by about 11 percent.

According to satellite data gathered in March, it has also established at least 32 military outposts, a ground barrier and infrastructure along what was supposed to be a temporary line.

Since October last year, numerous humanitarian agencies, including Oxfam, have accused Israel of compounding the humanitarian crisis in Gaza by restricting deliveries of aid and other essential goods.

Then, on Thursday, Israeli Prime Minister Benjamin Netanyahu announced that Israel will take over yet more territory in Gaza, telling a conference: “We are currently squeezing Hamas; we now control 60 percent of the territory of the Strip – you know this. We were at 50. My directive is to move to …,” he said, pausing briefly as someone in the crowd yelled, “100!”

“Let’s go step by step,” he responded, “First of all, 70. Let’s start with that. We’re pressing them from all sides, we’ll deal with the remnants.”

Al Jazeera contacted the Israeli prime minister’s office for clarification of this, but received no response by the time of publishing.

Can Israel just grab more land in Gaza?

“If Israel’s ultimate plan is to exercise permanent effective control over the entirety of the Gaza Strip, we are talking about unlawful annexation,” Michael Becker, a professor of international human rights law at Trinity College in Dublin, told Al Jazeera.

“As the International Court of Justice reaffirmed in a 2024 advisory opinion, annexation constitutes a violation of the bedrock prohibition of the acquisition of territory by force.”

Nevertheless, to date, since the onset of its war on Gaza in October 2023, Israeli forces have killed at least 72,819 men, women and children in Gaza, with many thousands more missing and presumed dead under the rubble.

By 2025, Israel had caused a confirmed famine in the enclave and has now decimated nearly all infrastructure needed to support life. It has done all this without experiencing any meaningful international sanctions and still takes part in numerous international sporting and entertainment competitions – despite protests.

Hopes that the US might enforce its own conditions on Israel also appear ill-founded. Since announcing a ceasefire in the enclave in October last year, the US has failed to react as Israel has expanded and entrenched its presence in Gaza, choking off access to about two-thirds of the enclave for its inhabitants by April 2026.

Al Jazeera also contacted the US State Department for comment about this, but received no response by the time of publishing.

Can Gaza’s population survive in such a reduced territory?

It’s very hard to tell. Several agencies, including the UN’s Office for the Coordination of Humanitarian Affairs (OCHA), have expressed deep concern about how Gaza’s remaining population can continue to subsist in an ever-shrinking space.

Israel’s answer to this is simple. “The plan for voluntary emigration from Gaza will also be implemented, all at the proper time and in the proper manner,” Defence Minister Israel Katz wrote in a statement marking the killing of Hamas leader Mohammed Odeh on Wednesday this week.

“Voluntary emigration” is a term used by a number of Israel’s government ministers, including National Security Minister Itamar Ben-Gvir and Finance Minister Bezalel Smotrich. Observers typically acknowledge that this means the ethnic cleansing of the enclave.

Israel’s Ministry of Defence did not respond to questions about this from Al Jazeera.

Israel's Defence Minister Israel Katz
Israel’s Defence Minister Israel Katz has referred to the ‘voluntary emigration’ of Gaza’s population, a term generally regarded as referring to its ethnic cleansing [File: Menahem Kahana/ AFP]

No.

“The idea of permanently removing Palestinians from Gaza smacks of forced displacement and would also violate the fundamental right to self-determination of the Palestinian people,” Becker said. The principle of self-determination serves as a “cornerstone” of the UN Charter, he said.

However, Becker said, the spotlight of international attention has now shifted from the crisis in Gaza to the US and Israel’s war on Iran, as well as Israel’s actions in Lebanon, where it has occupied large swaths of the south of the country.

“While the Trump administration may be willing to diverge from Israel’s interests in seeking a resolution to the disastrous and illegal war that the United States started against Iran, the United States seems to have lost interest in Gaza or pushing for restraint on the part of Netanyahu’s government. It is unclear what role the so-called Board of Peace is willing to play in terms of maintaining a future for the Palestinians of Gaza,” he said.

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US Treasury secretary confirms plans for banknote featuring Trump’s face | Donald Trump News

Proposed $250 bill would mark the first time a living person has appeared on US currency in more than a century.

US Secretary of the Treasury Scott Bessent says preparations are under way to print a new $250 banknote featuring President Donald Trump’s face, with lawmakers to decide whether the bills will be put into circulation.

US law bars any living person from appearing on US currency, but legislation was introduced last year to create an exception to allow current and former presidents to be featured.

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Speaking at the White House on Thursday, Bessent said a design had been prepared in anticipation of a change in the law.

“Right now, there is proposed legislation – front of the House, in front of the Senate – to change the first requirement so that a living person, Donald J Trump, could be on a $250 bill,” Bessent said.

Bessent made his comments after The Washington Post reported that Treasurer Brandon Beach, a Trump appointee, has been pushing the Bureau of Engraving and Printing to expedite the process for a new currency note to mark the 250th anniversary of the Declaration of Independence.

“I don’t think that there’s anything untoward about having the president of the United States, the person who’s president of the United States, on the 250th anniversary bill,” Bessent told reporters.

A design mock-up obtained by The Washington Post showed the words “America 250 anniversary”, a nod to the US declaring its independence on July 4, 1776.

The Treasury Department did not immediately respond to Al Jazeera’s request for comment.

Behaviour of dictators, monarchs

A banknote featuring Trump’s face would be the latest example of the US president expanding his personal brand in his official capacity since returning to the White House in 2025.

Banners featuring Trump’s portrait have been hung on the Department of Justice and other federal buildings.

And his slate of appointees to the Kennedy Center governing board added his name to the national performing arts facility, which Congress originally designated as a memorial to assassinated President John F Kennedy.

Trump’s signature is also set to appear on US currency as part of plans to mark the 250th anniversary, a first for a sitting president.

US banknotes have until now featured the signatures of the Treasury secretary and the treasurer.

In March, the US Commission of Fine Arts, led by Trump appointee Rodney Mims Cook Jr, approved the minting of a commemorative gold coin bearing the Republican president’s image.

The announcement, which relied on a legal loophole for commemorative coins, prompted a backlash from critics, who likened the move to the behaviour of dictators and monarchs.

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Michigan Gov. Gretchen Whitmer decides not to run for president in 2028

May 28 (UPI) — Michigan Gov. Gretchen Whitmer will not run for president in 2028, planning instead to take a break from politics rather than jumping straight into another campaign when her term ends.

Whitmer, who is in her second and final term as Michigan governor, was widely expected to join the field as her profile nationally has grown since President Donald Trump‘s first term in office.

“There will be a robust group of people running for president,” Whitmer told WJBK-TV.

“I will not be one of them in 2028. I can tell you that,” the Democratic governor said.

Whitmer’s term ends at the end of this year, and she told the Detroit television station that there is time between now and the next presidential election to change her mind, but does not expect to do so.

“I want to have an impact,” Whitmer said in the WJBK interview, which was conducted at the Mackinac Policy Conference.

“I want to do good work, but I’m also looking forward to taking a little bit of a break and thinking about it, not jumping right into something,” she said.

Whitmer said she spoke with former Transportation Secretary Pete Buttigieg, former House Speaker Paul Ryan and former Commerce Secretary Gina Raimondo before making the decision.

A poll on Democrats who may run for president in 2028 published Thursday found Buttigieg leading a possible primary race, followed by California Gov. Gavin Newsom and U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.).

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US Treasury threatens Oman with sanctions over Hormuz Strait | Donald Trump News

A top US official says Oman should know that Washington ‘will aggressively target’ actors that facilitate tolls in waterway.

The United States has warned that it would “aggressively” impose sanctions on Oman if it helps Iran establish a tolling system in the Strait of Hormuz, intensifying President Donald Trump’s threats against the Gulf ally.

US Treasury Secretary Scott Bessent said on Thursday that Washington will “not tolerate” either country imposing fees on commercial ships in the strategic waterway.

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“Oman, in particular, should know that the US Treasury will aggressively target any actors involved — directly or indirectly — in facilitating tolls for the Strait and any willing partners will be penalized,” Bessent said in a social media post.

“All nations should reject outright any efforts by Iran to disrupt the free flow of commerce. Tehran’s days of terrorizing the region and the world are over.”

The statement comes less than 24 hours after President Trump threatened to bomb Oman, a key US ally known for its neutrality and mediation efforts in regional crises, including the war between the US and Iran.

While Iran has suggested that the governments in Tehran and Muscat could jointly manage the Hormuz Strait, Oman has not said that it is seeking control over the waterway, parts of which flow through its territory.

It is not clear what is driving Washington’s recent posture toward Oman. It is highly unusual for the US to threaten sanctions and military action against a close security and economic partner.

Since the US and Israel started bombing Iran without direct provocation on February 28, Iran has closed the strait and claimed sovereignty over it.

Around 20 percent of the world’s oil flowed through Hormuz before the conflict, so the Iranian blockade has put a major strain on energy supplies, sending prices soaring.

The US and Iran have been indirectly negotiating to reach an agreement for a comprehensive end to the war, and control over the Hormuz Strait has emerged as a major point of disagreement.

Trump has stressed that the strait must be a free passageway.

When asked whether he would accept joint Iranian-Omani control over the strait in the short term, the US president told reporters on Wednesday: “Nobody is going to control it. It’s international waters, and Oman will behave just like everybody else, or we will have to blow them up.”

Ali Bagheri, deputy secretary of Iran’s Supreme National Security Council, said on Thursday that Tehran will not allow Hormuz to be a source of insecurity for the country.

“The powers that have used this passage against Iran’s security must be held accountable,” he was quoted as saying by Iran’s public television.

Bagheri added that Iran seeks to “establish a just order that negates hegemony and domination and strengthens trust and cooperation” in the region.

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Dell lands $9.7bn Pentagon contract just weeks after Trump said ‘go out and buy’

On Wednesday, the US Department of War confirmed it had awarded Dell Federal Systems, the government-focused unit of Dell Technologies, a five-year, $9.7 billion (€8.3bn) contract to supply the Pentagon.


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As part of the Core Enterprise Technology Agreement (CETA), a Pentagon-wide Microsoft licensing and software procurement framework, the company will provide and manage Microsoft software licences, cloud subscriptions and on-premises software licensing across the US military, intelligence agencies and the US Coast Guard.

Dell Technologies’ shares were up around 5% in pre-market to $320 due to the announcement after closing Wednesday’s session at roughly $305.

The company is set to report its earnings for the first quarter of this year on Thursday, with analysts from Zacks Investment Research forecasting revenues of approximately $35 billion (€30bn), representing annual growth of about 50%.

According to US DoW Chief Information Officer Kirsten Davies, who briefed reporters at the Pentagon, the CETA is expected to save the department roughly $422 million (€360.9mn) annually by consolidating fragmented technology budgets from across the military services into a single purchasing structure.

The contract was granted less than three weeks after US President Donald Trump stood at a White House event and urged Americans to “go out and buy a Dell. They’re great.”

Davies and acting US Navy Chief Information Officer Barry Tanner were both clear that the award followed a competitive process.

“The vendors were all evaluated based on competition, comparison to GSA schedule pricing and overall chain of value to the department,” Tanner noted.

Dell holds a long-standing commercial partnership with Microsoft and is one of its major buyers of Windows licences. Nonetheless, the contract arrives at the culmination of a period of visible alignment between CEO Michael Dell and the Trump administration.

In December 2025, Dell and his wife Susan appeared alongside Trump at the White House to announce a $6.25 billion (€5.3bn) donation to “Trump Accounts,” a tax-advantaged investment programme for children created under the “One Big Beautiful Bill”.

The pledge will provide $250 (€214) to roughly 25 million American children aged 10 and under from households with a median income below $150,000 (€129,000) and was described by Invest America, the nonprofit organisation spearheading the initiative, as the largest ever private commitment devoted to American children.

Michael Dell also sits on Trump’s Council of Advisors on Science and Technology, informing public policy regarding the economy, public health, national security, energy and emerging technologies.

The convergence of public presidential endorsements and subsequent federal contract awards is attracting scrutiny beyond Dell.

Financial disclosures released this month by the US Office of Government Ethics showed that investment accounts associated with President Donald Trump held Dell Technologies shares during the first quarter of 2026. The disclosures indicate some purchases were made before Trump publicly praised the company at a White House event.

The Trump Organisation has said the accounts are managed independently by third-party financial institutions and that neither Trump nor his family directs individual trades.

Last week, responding to questions about Trump’s financial disclosures at a White House briefing, Vice President JD Vance said the president’s investments are handled by independent wealth advisers and rejected suggestions that Trump personally directs individual stock trades. “He’s not making these stock trades himself,” Vance said.

Commentators and ethics critics have also pointed to trading activity involving companies such as Intel and Palantir, whose shares have at times moved sharply following public comments by Trump or announcements linked to government technology spending.

The Pentagon has said Dell’s selection followed a competitive procurement process.

Even so, the timing of the award alongside Trump’s public praise of the company and financial disclosures showing investments linked to Dell is likely to draw renewed scrutiny from ethics observers and political critics.

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U.S. sanctions Iran’s new Hormuz authority amid strait talks

May 28 (UPI) — The U.S. Treasury announced late Wednesday that it has sanctioned an Iranian entity, newly created to oversee and manage the Strait of Hormuz, as the Trump administration seeks to force Tehran to relinquish control over the vital energy trade route.

The strait has been an issue of contention between the United States and Iran, which are locked in negotiations to end the war.

Iran restricted navigation of the strait after the United States and Israel attacked the country in late February, igniting the war. Washington responded by imposing a military blockade of Iran’s ports, cutting it off from maritime trade.

Since imposing the restrictions, Iran has been adamant about maintaining control of the route, through which about one-fifth of the world’s energy trade flows. The Trump administration has repeatedly threatened that there will be free navigation of the strait again, one way or another.

Earlier this month, Iran launched the Persian Gulf Strait Authority to manage the strait.

The Treasury sanctioned the PGSA on Wednesday, accusing it of being an attempt by Iran’s Islamic Revolutionary Guard Corps to monetize the international waterway.

Treasury Secretary Scott Bessent described the mechanism in a statement as the Iranian military’s “latest attempt to extort global maritime trade.”

Bessent said the Wednesday blacklisting was part of Economic Fury, the Treasury’s rebranding of President Donald Trump‘s maximum pressure campaign of sanctions and other trade measures from his first administration seeking to coerce a new nuclear weapons deal from Iran.

The United States has been tightening its financial vise on Iran since 2018 when Trump first imposed sanctions on Tehran after unilaterally withdrawing the United States from a multinational Obama-era nuclear accord aimed at preventing Iran from securing a nuclear weapon.

Trump reimposed the campaign following his return to the White House in early 2025. It was renamed following the start of the military operation Epic Fury that began Feb. 28.

Treasury officials said Wednesday that through the maximum pressure campaign, the Trump administration has denied Iran access to tens of billions of dollars’ worth of revenue.

The sanctions generally prohibit those named from accessing the U.S. financial system and bar U.S. persons and companies from doing business with them. They also expose foreign financial institutions that knowingly facilitate significant transactions for those sanctioned to potential secondary sanctions.

Sen. Tom Cotton, a Republican from Arkansas, had over the weekend called on Bessent to sanction the PGSA, stating the United States “must ensure every actor enabling the terrorist Iranian regime is held accountable.”

“I support the use of existing authorities to impose sanctions on the PGSA, its officers and any foreign entity that pays, processes or facilitates tolls to Iran for passage through the Strait of Hormuz,” he said in a statement.

Iran has rejected the notion that it is running a toll. Iranian Foreign Ministry Spokesperson Esmaeil Baqaei has said that Iran charges fees to cover costs associated with navigational services and environmental protection measures.

Iranians rally after a ceasefire announcement at Enqhelab Square, in Tehran on April 8, 2026. Photo by Behnam Tofighi/UPI | License Photo

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Delcy’s ‘Gatekeeper’: Sources Say ex-Trump Official Claver-Carone Holds Keys to Caracas

The US has leveraged threats to extract major concessions from Caracas, with Claver-Carone allegedly playing a key role. (Archive)

A mastermind of Trump’s hardline Latin American policies, Mauricio Claver-Carone no longer serves in the administration. But according to well-placed sources, he’s “picking who can operate” in Venezuela, controlling access to the government, and creating conflicts of interest.

Speaking with reporters on May 21, US Secretary of State Marco Rubio announced that Venezuelan President Delcy Rodriguez was on her way to New Delhi to discuss energy issues, and that he would be in India as well.

“This is an important trip, I’m glad we’re able to do it,” Rubio chirped after explaining the trio of nations would discuss how to increase Venezuelan oil sales to India.

His statement — and his announcement of Rodriguez’s trip before she had — perfectly illustrated Washington’s newfound dynamic with the Venezuelan government. Following over twenty years of hostile relations with Venezuela’s socialist-oriented leadership, the US Secretary of State was apparently so intimately involved with day to day affairs in Caracas that he was claiming responsibility for Rodriguez’s international itinerary.

In fact, according to an insider who enjoys close contacts within both the Venezuelan and US governments, Rubio’s influence over Rodriguez is said to be traced to one “gatekeeper”: former Trump Latin America envoy Mauricio Claver-Carone. “Mauricio [Claver-Carone] is picking who can operate and Delcy [Rodriguez] is taking instructions,” the source told The Grayzone. 

A former senior US official with access to leadership in both Caracas and Washington offered the same assessment, remarking to The Grayzone, “Mauricio’s calling the shots on private sector economic positions, and if anyone wants in, they have to go to him.”

Hand-selected by former National Security Advisor John Bolton to serve as his Latin America charge during Trump’s first term, Claver-Carone no longer occupies an official governmental role. Instead, he has leveraged his legacy in the public sector to establish a Miami-based investment firm called the Lara Fund which could become a key player in the MAGA financial feeding frenzy in Caracas.

Described by the New York Times as the “architect of Trump’s tough Latin America policies,” Claver-Carone is a Cuban-American regime change zealot who once engaged in fisticuffs with Cuban diplomats as a young man. During Trump’s first term, he unleashed a financial “flamethrower” on Cuba, issuing scores of new sanctions that unraveled the Obama-era normalization policy and plunged the island back into economic misery. 

Claver-Carone has similarly masterminded many of the policies that define Trump’s relationship with Venezuela, from its recognition of the previously unknown Juan Guaido as the country’s “interim president” to the deportation of hundreds of Venezuelan migrants from the US to El Salvador’s maximum security CECOT prison. Many of those migrants had been prompted to journey to the US by the economically crushing sanctions unleashed at Claver-Carone’s direction. 

The Grayzone’s sources described the Trump veteran as the architect of the military invasion that saw Maduro spirited away to a federal penitentiary and installed Rodriguez as president following a stand-down by Venezuelan security forces.

“If he was in charge of implementing the kinetic side, maybe [Rodriguez] thinks she has to listen to him on finance,” the Venezuela insider said of Claver-Carone.

report this January by investigative journalist Aram Roston described Claver-Carone as a “key backer” of Rodriguez following Maduro’s abduction, and cited sources who claimed he exercised decisive influence over Venezuela policy despite having left the administration.

Claver-Carone is now said to be at the heart of the most sensitive and consequential task Venezuela faces: the restructuring of its $170 billion in defaulted sovereign debt. Forced from several previous positions by corruption scandals and rancorous clashes, an operative with no official governmental position appears to be shaping the economic contours of Project Venezuela. 

“He’s got a lock on everything”

This May, the US Treasury Department authorized Caracas to hire a financial advisor to assist with the herculean task of restructuring its debt. The Venezuelan government selected Centerview Partners, a top-drawer investment and financial advisory firm based in New York City.

According to the former US senior official, Claver-Carone’s romantic partner and business colleague, Jessica Bedoya, boarded a private jet to Caracas soon after the big announcement, arriving with a top advisor from Centerview. It was her second trip to the Venezuelan capital, they said, after visiting in February to discuss financial matters. 

Claver-Carone did not respond to calls to his personal phone from The Grayzone, or to detailed questions sent by text and email. 

His partner, Bedoya, is the founder of the Lara Fund investment firm where he serves as managing partner. Her bio notes that she has also worked in the CIA and National Security Council.

Jessica Bedoya and Mauricio Claver-Carone’s headshots, as featured on Lara Fund’s webpage

Some insiders worry that her reported presence in the Venezuelan capital, together with Claver-Carone’s outsized influence, could represent a conflict of interest, allowing them to steer debt restructuring agreements to their own personal benefit.

“Now he’s got a lock on everything,” the Venezuela insider said of Claver-Carone. “He could say to anyone who wants to work in Venezuela, I’m the guy. I have the keys. If you want to play ball, invest with me.”

The former US official said Claver-Carone was raising capital for his Lara Fund while he served as a special government employee at the State Department. While Bedoya was running the firm, they said Claver-Carone was leveraging his position inside the Trump administration to pitch potential investors.

“Arbitrary and authoritarian actions that showed him to be a real thug”

When Trump appointed Claver-Carone to serve as the first American president of the Inter-American Development Bank (IDB) in 2020, he hired Bedoya as his chief-of-staff. The couple’s secret romance at the bank triggered an embarrassing ethics investigation after a hand-written contract was discovered showing they had agreed to pursue “absolute happiness,” and included a clause with punishments including “candle wax and a naughty box” if either party breached the deal. 

An independent probe ordered by the IDB discovered that Claver-Carone had increased his paramour’s salary by 40% – a $133,000 reward in less than a year. Investigators also found that the couple had racked up expenses on an IDB credit card during romantic getaways. 

Claver-Carone refused to participate in the investigation while accusing its authors of “fabrications.” In the end, IDB governors voted unanimously in favor of his firing. The US government endorsed their decision.

“President Claver-Carone’s refusal to fully cooperate with the investigation, and his creation of a climate of fear of retaliation among staff and borrowing countries, has forfeited the confidence of the bank’s staff and shareholders and necessitates a change in leadership,” they wrote.

The Argentine governor of IDB, Guillermo Francos, delivered a similarly harsh assessment of Claver-Carone’s tenure. “Claver was a disaster for several reasons,” Francos remarked in 2022. “For having an inappropriate relationship, for having disproportionately increased the salary of this inappropriate relationship, for having lied, and for these arbitrary and authoritarian actions that showed him to be a real thug.”

When Claver-Carone returned to the second Trump administration, it was not long before his proclivity for conflict jeopardized his position.

Throughout 2025, Claver-Carone’s spiteful attitude reportedly complicated Trump administration attempts to prop up a key right-wing ally in South America, Argentine President Javier Milei. Milei’s chief of staff happened to be Guillermo Francos – the former IDB governor whom Claver-Carone held personally responsible for outing his secret relationship with Bedoya. According to the Argentine paper Clarin, Claver-Carone attempted to retaliate by unsuccessfully pressuring Milei to fire Francos. He then attempted to undermine a major IMF loan package to Argentina by demanding the country first sever its credit line from China. This was met with an apparent rebuke from Treasury Secretary Scott Bessent, who visited Buenos Aires to express confidence in the IMF loan just weeks after Argentina’s central bank extended its credit line from Beijing.

The following month, in May 2025, Claver-Carone announced he was leaving the State Department to return to his Lara Fund. His departure gave the appearance that he had been forced out of his job. However, he maintained his clout through his direct line to Rubio.

The former US official told The Grayzone that Claver-Carone is now angling to become a Cuban American version of Jared Kushner, the Trump son-in-law who has leveraged his proximity to the president and role as Middle East negotiator to rake in billions from Israel and several Gulf monarchies despite having no official government title. To do so, he has allegedly inserted himself into the byzantine process of restructuring Venezuela’s debt.

When the Trump administration announced that Venezuela could hire a financial advisor to assist with its sovereign debt, Rodriguez initially planned a public bidding process for the coveted position. But then, according to the ex-US official, Claver-Carone issued support for Centerview, leading to the firm’s selection. (Opposition bloggers have speculated that Centerview was chosen because one of its partners, Matthieu Pigasse, is a self-described “pro-market socialist” who previously worked on deals with Maduro and Venezuela’s state owned PDVSA oil company.)

In recent weeks, according to sources, Claver-Carone has attempted to undermine financial advisors who had been working with the Venezuelan government to restructure its debt since 2014. 

They said that when Claver-Carone’s partner, Bedoya, arrived in Caracas this month, allegedly on a private jet with Pigasse, she began pushing to remove the advisory mandate from David Syed, a seasoned French lawyer who had advised Caracas on debt-related issues for over a decade, and is considered incorruptible. 

“The effort to push [Syed] out created a lot of tension,” remarked the Venezuela insider. “You can’t understand debt restructuring by parachuting in without his knowledge.”

Syed did not respond to The Grayzone’s request for comment. Hamouda Chekir, another Centerview partner who works on Venezuela’s debt, did not respond to calls and text messages sent to his personal phone.

Scandal-stained firms as vehicles for extracting profit from Venezuela

Just before leaving the State Department in May 2025, Claver-Carone convinced Rubio not to renew a sanctions waiver that allowed Chevron to sell Venezuelan oil in the US market. In doing so, he eliminated a mechanism which was explicitly designed to promote transparency and prevent local officials from skimming cash. 

This January, after abducting Maduro, the Trump administration granted confidential licenses to a pair of notoriously corrupt trading houses, Vitol and Trafigura, to export Venezuelan oil. The deal came months after Trump’s re-election campaign received a whopping $6 million donation from a senior trader at Vitol. 

Robert Bachmann, an analyst at the Swiss watchdog Public Eye, told the Washington Post at the time, “Trump is taking advantage of firms that know how to circumvent regulation.”

Both companies had been caught engaging in a series of elaborate bribery schemes across Latin America and Africa. In 2020, the Department of Justice (DOJ) forced Vitol to pay a $135 million penalty for bribing officials for licenses in Mexico, Ecuador and Brazil. Trafigura paid a similarly staggering fine in 2024 for a lucrative bribery scheme in Brazil. In the US, Vitol was rung up by the California Attorney General for manipulating spot market prices of oil.

But almost as soon as the Trump administration entered office, it neutered the DOJ corrupt foreign practices division charged with enforcing the judgments against Trafigura and Vitol on the grounds that it was “impeding America’s national security objectives.” 

Now, the profits these scandal-stained firms generate through oil sales abroad – including to Israel – are channeled back into a US-run account with little public oversight. A percentage of sales is then delivered back to the Venezuelan government. Where the rest goes is anybody’s guess. 

“The Venezuelans are the owners of the oil, and we know nothing. There is no transparency,” said José Guerra, an economist aligned with the Venezuelan opposition, complained to the Washington Post about the Trafigura and Vitol licensing agreements.

Trump, for his part, has essentially admitted Venezuelan oil profits are channeled into a slush fund for his international rampage. “We’ve taken out so much oil in Venezuela, we’ve paid for the cost of the war [with Iran] about 25 times over,” the president boasted during a May 23 campaign rally. While the president’s claim was absurd, as Venezuela is currently exporting only about one million barrels of oil a month – hardly enough to cover a full day of warfare – it revealed his avaricious attitude toward the entire operation.

Among certain Venezuelan opposition activists, Claver-Carone has become a figure of contempt who is partially blamed for Trump’s declaration that their de facto leader, the coup plotter and Nobel Peace Prize winner Maria Corina Machado, “doesn’t have the support within, or the respect within, the country.”

The Trump administration’s embrace of Delcy Rodriguez, and the Venezuelan president’s faithful compliance with Washington’s financial schemes, have prompted some top Democrats to adopt Machado as a partisan cudgel. This January, Chris Murphy, a ranking Democrat on the Senate Foreign Relations Committee, praised the opposition leader as “impressive” following a meeting on Capitol Hill, while taking a nasty swipe at Rodriguez. Machado “reminded us that Trump replaced Maduro with Maduro’s head of torture,” Murphy proclaimed.

If the Democrats take Congress after this year’s midterm elections, the Trump administration’s dealings in Venezuela will face intense scrutiny from the House Oversight Committee. Bipartisan pressure will then build for fresh elections to usher in a new government. “Delcy Rodríguez is a terrible person,” the regime change-obsessed Florida Republican Sen. Rick Scott told the Wall Street Journal this month. “We’ve got to have an election soon.”

In the meantime, a flock of MAGA-aligned financial vultures has swooped into Caracas to feast on the petro-state’s post-Maduro carcass. Donald Trump Jr. is said to be hunting for opportunities in the capital for his 1789 Capital fund, while a startup backed by pro-Trump tech oligarchs Peter Thiel and Palmer Luckey, Erebor Bank, just struck a lucrative deal to reconnect Venezuela’s central bank to the global economy. In the midst of this frenzy, a figure with no government title, Claver-Carone, appears to be establishing the new pecking order.

The views expressed in this article are the author’s own and do not necessarily reflect those of the Venezuelanalysis editorial staff.

Source: The Grayzone



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U.S., Iran trade attacks amid cease-fire, Hormuz tensions

May 28 (UPI) — The U.S. military attacked Iran, Tehran confirmed early Thursday, as Iran announced retaliatory strikes of its own.

Iran targeted a U.S. air base at about 4:50 a.m. local time in response to the U.S. military striking presumed Iranian military assets near Bandar Abbas Airport in southern Iran.

“This response is a serious warning so that the enemy knows aggression will not go unanswered, and that in the event of a repeat, our response will be more decisive and the responsibility and consequences will lie with the aggressor,” Iran’s Islamic Revolutionary Guard Corps said in a statement carried by Iranian state media.

The air base targeted and whether it sustained damage were not known. The U.S. military has yet to comment.

The announcement came as the Kuwait Army said its air defenses were confronting “hostile missile and drone attacks.” While the United States maintains a significant military presence in Kuwait, it was not immediately clear whether those attacks were related to the U.S.-Iran exchange.

Explosions were heard near Bandar Abbas, Iranian state news agency Tasnim reported earlier Thursday.

Citing an unidentified military source, the news agency said the U.S. attack followed the Iranian Navy firing shots toward a U.S. oil tanker that had turned off its radar system and intended to pass through the Strait of Hormuz.

The oil tanker reportedly ended its attempt to transit the vital energy maritime trade route.

Iran has been enforcing has been restricting access through the Strait of Hormuz since the start of the war, permitting only certain vessels through. The United States responded with a military blockade of Iran’s ports, cutting it off from sea-based trade.

The two sides have been in talks since a fragile cease-fire was agreed to last month, with Thursday’s U.S. strikes on Iran the second time it has attacked the country so far this week.

On Monday, the U.S. military attacked southern Iran, describing the strikes as “self-defensive” in nature.

The Trump administration has repeatedly stated that it intends to secure free navigation of the Strait of Hormuz, one way or another, though it would prefer to do so through diplomacy.

Iran’s control of Hormuz is reportedly one of its conditions in negotiations on ending the war. In response to reports carried by Iranian state media that Iran and Oman, which border either side of the Strait of Hormuz, are in talks over control of the choke point, President Donald Trump said the transit route will be open to all countries and under no government’s control.

“It’s international waters. Nobody’s going to control it. We’re going to watch over it. We’ll watch over it, but nobody’s going to control it. That’s part of the negotiation that we’re having,” he told reporters during a Cabinet meeting on Wednesday.

“And Oman will behave just like everybody else or we’ll have to blow them up. They understand that. They’ll be fine.”

Muslims perform Eid al-Adha prayers at sunrise in Cairo, Egypt, on May 27, 2026. Photo by Ismael Mohamad/UPI | License Photo

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CFO Tariff Refunds: CFOs Expect a Long-Term Process

A massive $166 billion in corporate tariff refunds sounds nice, but could take years to process.

The U.S. Supreme Court’s ruling invalidating the Trump administration’s tariffs was a positive outcome for companies, but refunds may take years to materialize.

The Supreme Court decided in February that the U.S. Customs and Border Protection (CBP) agency illegally collected $166 billion from 300,000 importers. Logically, companies should get refunds, but lawyers don’t expect a smooth process. Importers should be prepared to wait for one year, even 18 months, according to TD Securities.

The federal agency set up an online portal called the Automated Commercial Environment to handle refunds. Once the agency accepts a company’s claim, it issues refunds within 60 to 90 days.

That’s the short-term optimistic resolution, but history shows a lot of things could go wrong. In 1998, the Supreme Court announced that the government had to return $750 million in fees collected between 1993 and 1998. It took years to get done. 

The CBP is set up to collect money quickly—but it doesn’t easily send it back. Companies must document a proper claim on the new portal. Some small business owners don’t understand the complex customs terminology, while others can’t even log in to the new portal due to technical glitches. Let’s say that the agency and the company don’t agree about the amount of the refund. The importer must submit new documentation and begin a second review process. Companies could even be forced to go to court.

CFOs should be ready for a long, fastidious process. The financial expert should set up a cross-functional task force—including tax, accounting, procurement, and supply chain experts—to review the data and audit all the company’s entries. When the time comes, the task force will be able to answer any CBP question.

The online portal created by the CBP agency focuses on importers, but they are not alone. Consumers could also say that they were overcharged because of the tariffs. The federal government ignores them, but some states don’t. Taking matters into his own hands, Illinois Democrat Governor JB Pritzker, in a letter to the Trump administration posted on soicial media, demanded an $8.7 billion refund—that’s $1,700 for each Illinois household affected.

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US returns Palestinian rights expert Francesca Albanese to sanctions list | United Nations News

The Trump administration has sought to pressure international officials who scrutinise reported abuses by Israeli forces.

The United States government has returned UN human rights expert Francesca Albanese to a list of sanctioned individuals after a judge had granted a temporary injunction against the designation.

On Wednesday, an update appeared on the US Treasury Department’s Office of Foreign Assets Control (OFAC) website, indicating that Albanese had been added to the agency’s list of Specially Designated Nationals (SDN), without offering further details.

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Albanese serves as the UN’s special rapporteur on the occupied Palestinian territory, and her criticism of Israeli policies has made her a target under US President Donald Trump.

In July 2025, Secretary of State Marco Rubio issued a statement announcing sanctions against Albanese, accusing her of “lawfare” and “biased and malicious activities” against Israel.

He also cited her recommendation that the International Criminal Court (ICC) should issue arrest warrants against Israeli Prime Minister Benjamin Netanyahu and former Minister of Defence Yoav Gallant, which it ultimately did in November 2024.

The announcement was one in a series of actions the Trump administration has taken against critics it sees as hostile to US and Israeli interests.

The sanctions barred Albanese from entering the US and froze her assets in the country. They also prevented any US-based entity from doing business with her.

Albanese, an Italian citizen, has close ties to the US: Her daughter is a US citizen, and the family maintains a residence in the country.

In February, members of Albanese’s family filed a lawsuit on her behalf, stating that the sanctions had disrupted her life, even preventing her from accessing her bank account.

The lawsuit also accused the Trump administration of trying to intimidate those who speak out against Israeli rights abuses.

Albanese has been vocal in her assessment that Israel has committed genocide in Gaza, a view echoed by leading human rights experts around the world. More than 75,000 Palestinians have been killed in the territory since 2023, when Israel launched its genocidal war on the Strip.

Albanese is not alone in facing economic penalties for her work. Since taking office for a second term, Trump is estimated to have issued sanctions against nine ICC judges, as well as prosecutors for the court.

The judges and prosecutors were reportedly involved in probes into abuses by US and Israeli forces.

Legal experts have condemned the sanctions as an assault on international law and an effort to shield the US and its allies from scrutiny.

On May 13, US District Judge Richard Leon, an appointee of former President George W Bush, ruled in favour of the Albanese family’s lawsuit, granting a temporary injunction against the sanctions.

Leon found that the Trump administration had used the penalties to curtail Albanese’s constitutionally protected speech. He also stated that Albanese could not be blamed for the ICC’s actions.

“It is undisputed that her recommendations have no binding effect on the ICC’s actions,” Leon wrote. “They are nothing more than her opinion.”

As a result of the ruling, Albanese was removed from the sanctions list this month.

But the Trump administration appealed Leon’s order. It also said it would restore her to the sanctions list as soon as it was able, though it is unclear what prompted Wednesday’s change.

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Florida’s ‘Alligator Alcatraz’ migrant detention centre to close | Donald Trump

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The US is set to shut down the federal migrant detention centre known as ‘Alligator Alcatraz,’ with detainees expected to be transferred by early June. It comes after allegations of abuse, including migrant disappearances, and restricted medical access.

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Trump moves cabinet meeting back to White House citing weather

May 27 (UPI) — President Donald Trump said his cabinet meeting on Wednesday afternoon will be at the White House instead of Camp David, as was planned, due to weather.

“Based on the possible bad weather conditions tomorrow, we will be having our Cabinet Meeting in the White House, and will be postponing the Cabinet trip to Camp David,” Trump posted on Truth Social Tuesday afternoon.

Thunderstorms are expected in the region.

The meeting will “highlight recent successes of the administration, including economy and small business wins, Task Force to Eliminate Fraud highlights, and foreign policy updates,” a White House official told ABC News.

Trump hasn’t been to the Presidential Retreat at Camp David in Frederick County, Md., in nearly a year.

Director of National Intelligence Tulsi Gabbard is expected to attend. She will depart her position at the end of June after announcing her resignation last week.

President Donald Trump leaves the White House on Tuesday. Trump is traveling to Walter Reed National Military Medical Center for his annual physical. Photo by Will Oliver/UPI | License Photo

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U.S. kills one in latest strike on suspected drug trafficking boat

May 27 (UPI) — The U.S. military has killed another person in its latest strike on a suspected drug-trafficking boat in the Trump administration’s deadly crackdown on alleged narcotics trafficking in interenational waters.

The Tuesday strike was the 58th publicly disclosed by U.S. Southern Command in President Donald Trump‘s monthslong campaign, which has now killed at least 194 people.

SOUTHCOM said three people were aboard the boat and that the U.S. Coast Guard has been notified to conduct search-and-rescue operations.

As with the previous strikes, SOUTHCOM claimed in a statement that “intelligence confirmed the vessel was transiting along known narco-trafficking routes in the Eastern Pacific and was engaged in narco-trafficking operations.”

No evidence has been made public amid the campaign, which began in early September.

A black-and-white aerial video accompanied the SOUTHCOM statement showing a boat racing across the water and then erupting into flames.

SOUTHCOM says the boats are operated by one of 10 drug cartels and gangs that Trump has designated as terrorist organizations. Trump has said the United States is in “armed conflict” with the designated organizations in justifying the use of military force in drug-enforcement operations.

However, his administration has been accused of committing extrajudicial killings with the attacks by numerous legal and human rights organizations, as well as by United Nations experts.

Critics contend that it is unlawful for the Trump administration to use the military for ostensibly law-enforcement operations.

President Donald Trump leaves the White House on Tuesday. Trump is traveling to Walter Reed National Military Medical Center for his annual physical. Photo by Will Oliver/UPI | License Photo



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Brazil’s Flavio Bolsonaro meets with Trump amid troubled presidential bid | Elections News

Son of former President Jair Bolsonaro is fighting to recover from a scandal that has rocked his presidential campaign.

Brazilian Senator Flavio Bolsonaro has shared a photo that appears to show him meeting with US President Donald Trump at the White House, as he seeks to bolster his image amid a scandal that threatens to derail his presidential campaign in Brazil.

Bolsonaro shared a photo on Tuesday of him standing by Trump’s side in the Oval Office, with a caption showing the thumbs-up emoji.

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Flavio is the son of former Brazilian President Jair Bolsonaro, a right-wing Trump ally who is serving a 27-year prison sentence in connection with a coup attempt after his re-election loss in 2022 to current leftist President Luiz Inacio Lula da Silva.

The younger Bolsonaro has replaced his father as the standard-bearer of Brazil’s political right and is seen as the top contender challenging Lula in the South American country’s election in October.

But his campaign has struggled to regain its balance following a report that he sought funds from a disgraced banker convicted of fraud to finance a film about his father. Bolsonaro has acknowledged requesting the money, but denied any impropriety or wrongdoing.

Recent polls suggest that the scandal has set back his campaign, with Lula retaking the lead from the younger Bolsonaro after previous polls had shown them in a close race.

Media reports in recent days stated that Bolsonaro had sought a meeting with Trump, who previously placed tariffs on Brazil in a bid to have the case against the elder Bolsonaro thrown out.

Flavio then travelled to Washington without a guaranteed appointment in the hope of meeting with the US president. Trump has yet to share information about the meeting on his social media website.

While tensions have remained between Trump and Lula, the two leaders have built a more cordial relationship in recent months, with the Brazilian leader visiting his US counterpart at the White House earlier this month.

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South Carolina Senate adjourns without new map, defying Trump

May 26 (UPI) — South Carolina’s state Senate adjourned Tuesday without acting on a new congressional map that would have redrawn voting districts in favor of Republicans.

President Donald Trump has called on states to redraw their voting maps to favor Republicans, especially after a recent U.S. Supreme Court decision that badly weakened a part of the landmark federal Voting Rights Act of 1965 that helped protect minority voting power.

However, as voters started heading to the polls Tuesday for the first in-person voting in primaries, state senators said it was just too late. If the state Senate pushed the map through Tuesday, the state would have had to throw out tens of thousands of ballots that had already been cast that day and schedule a new primary.

“Neither my conscience nor my common sense would allow me to stop an election that is already underway,” Republican state Sen. Richard Cash said during the vote, The BBC reported.

The new congressional map pitched for South Carolina would do away with the state’s only majority Black district, which is represented by Rep. James Clyburn, a Democrat. Clyburn is seeking his 18th term in office this year.

Republicans have a narrow majority in the U.S. House of Representatives, and Trump and other conservatives are calling for district changes to hold on to that majority during the midterm elections in November. Other states, including Tennessee, have already redrawn and approved new maps eliminating majority Black districts.

CNN reported that Trump called Republican state Senate Majority Leader Shane Massey at least twice about the plan, and the president has posted regularly on social media about the matter as well.

“South Carolina Republicans: BE BOLD AND COURAGEOUS, just like the Republicans of the Great State of Tennessee were last week!” the president wrote in a post earlier this month.

South Carolina state senators will likely pick up the matter again after the primary voting ends June 9. State Sen. Brad Hutto, a Democrat, said his party members worked all weekend to make voters headed out to the polls today, The New York Times reported.

“The people in South Carolina were sending us a message that their vote mattered,” he said. “It was important, and they didn’t want us to cancel their vote.”

Democrats had another win in the redistricting wars on Tuesday, with a federal court temporarily blocking Alabama from using its newly redrawn congressional map, which includes only one Black majority district out of seven. The population of Alabama is about 27% Black.

The South Carolina map in question, meanwhile, would have resulted in no Black majority districts out of the state’s seven. The state is about 26% Black, based on 2025 U.S. Census numbers.

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Vance hosts event with Republican state attorneys general

May 26 (UPI) — Vice President JD Vance hosted a meeting Tuesday afternoon with state attorneys general as part of his task force on fraud.

The event was largely attended by only Republican officials, however, because the task force invited attorneys general from the Democratic party with less notice than their Republican peers, Politico reported.

The Democratic attorneys general were invited to the meeting Friday, with a deadline to respond by Saturday. Republicans were invited about a week earlier. The 24 Democrats affected by this wrote Vance a letter declining the invite, CNBC reported.

“While we would appreciate the opportunity to engage in serious discussions, the invitation was provided with less than one business day’s notice with no agenda,” the letter said. “This short notice does not match the spirit of collaboration that has long defined our joint efforts with federal partners. Accordingly, we respectfully decline to attend at this time.”

When President Donald Trump announced Vance’s role as “fraud czar” in April, he said the investigations would center on Democrat-run states.

Vance on Tuesday said that in two months, the task force has “exposed billions of dollars in benefits that had been stolen from the American people.”

“We referred over $22 billion in fraudulent small business loans back to the Treasury for collection,” he said. “We deferred more than $1.3 billion in fraudulent Medicaid reimbursements that were coming from various states, particularly California. We put a six-month hold on enrollments for new hospice and home health care providers, because so many of the newer hospice providers were not actually providing hospice services but were just focused on fraud.”

About 15 Republican attorneys general attended, as did Federal Trade Commission Chairman Andrew Ferguson and White House adviser Stephen Miller.

In a press release, the White House said Trump and Vance are “unleashing an unrelenting, full-scale assault on the fraudsters, scammers and corrupt operators who have looted billions from American taxpayers.” The release included a list of alleged fraud cases and actions, including many instances focused on Minnesota and California. No Republican-led states were cited.

President Donald Trump leaves the White House on Tuesday. Trump is traveling to Walter Reed National Military Medical Center for his annual physical. Photo by Will Oliver/UPI | License Photo

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Armenia signs strategic partnership deal with US as election approaches | Politics News

PM Nikol Pashinyan, who deepened ties with US, faces challenge from pro-Russia parties in upcoming parliamentary polls.

Armenia has signed a strategic partnership agreement bolstering ties with the United States, as Prime Minister Nikol Pashinyan faces a challenge from pro-Russia parties in the country’s upcoming election in June.

US Secretary of State Marco Rubio and Armenian Foreign Minister Ararat Mirzoyan also signed a framework on critical minerals and cooperation on a transit corridor in the Armenian capital of Yerevan on Tuesday.

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“This agreement marks the biggest step to date on making this historic route a reality, on advancing peace, and on increasing prosperity in Armenia and frankly in the region,” Rubio said at a signing ceremony at the Yerevan airport.

The 43-km (27-mile) corridor, dubbed the Trump Route for International Peace and Prosperity (TRIPP), would traverse southern Armenia and provide Azerbaijan with a direct route to the exclave of Nakhchivan and into Turkiye, a close ally of Baku.

Pashinyan has sought closer ties with the US and Europe, drawing the ire of longtime ally Russia. Moscow has said that it could raise the price of gas Armenia receives from Russia if it continues to pursue greater integration with Western countries.

Armenia had historically been a close security and economic partner of Russia, but Yerevan started to turn towards the West for alliances after the 2023 conflict in the Nagorno-Karabakh region of Azerbaijan.

Russia, which is fighting its own war in Ukraine, did not intervene militarily when Azerbaijan launched a major military offensive Nagorno-Karabakh, which had a large Armenian population and had been de facto independent since the 1990s.

Last year, the US and Armenia held joint military drills for the first time.

“I wish to reaffirm that the comprehensive strategic relations between our two nations are stronger than ever,” Mirzoyan said of relations with the US on Tuesday.

The administration of US President Donald Trump, for its part, has cast its relationship with Yerevan in largely economic terms and sought concessions in areas such as critical minerals.

“We are laying the groundwork for the sort of economic engagement that allows Armenians to make money and find prosperity and Americans to do the same and to do it together, which is one of the strongest ways to bind nations with one another,” Rubio said on Tuesday.

A US State Department framework for the transportation corridor, part of a peace agreement signed by Armenia and Azerbaijan last August, also grants the US a 74 percent share in the “TRIPP Development Company”, with an explicit pledge to benefit US companies.

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