Independence

Trump to feature on limited-edition US passports for 250th anniversary | Donald Trump News

The passports are part of broader plans to celebrate the milestone anniversary of the United States Declaration of Independence.

United States President Donald Trump will feature on a new, limited-edition US passport being issued to mark the country’s 250th anniversary in July, officials said, the latest area of public life to receive Trump’s personal branding.

The commemorative passports are part of broader plans to celebrate the milestone anniversary of the US Declaration of Independence, with events planned across the country next July.

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Images released by the White House and the Department of State on Tuesday show Trump’s portrait incorporated into the design, set against elements of the Declaration of Independence and the US flag. The rendering also includes the president’s signature in gold.

Another page will feature an illustration of the Founding Fathers signing the Declaration of Independence.

“As the United States marks its 250th anniversary in July, the State Department is preparing to release a limited number of specially designed US passports to commemorate this historic occasion,” said Tommy Piggott, a spokesperson for the US State Department.

The commemorative passports will be available to US citizens applying through the Washington Passport Agency, with distribution set to begin this summer and continue while supplies last.

Current US passports feature images tied to the country’s history and identity. The inside front cover shows a painting of Francis Scott Key after the Battle of Fort McHenry, when he saw the US flag still standing after an attack. This moment inspired him to write a poem that later became the US national anthem, with lines from it printed alongside the image.

Other pages include moments from American history, such as the Apollo 11 Moon landing, and symbols like the Statue of Liberty.

The passport redesign is the latest example of efforts by Trump and his administration to place his name, image or signature on institutions and initiatives across Washington and the country.

Some of those efforts have already been implemented. This year’s national park passes, for example, display Trump’s image alongside George Washington, a departure from the programme’s traditional focus on natural landscapes.

The United States Mint has also released draft designs for a $1 coin featuring Trump’s profile as part of the 250th anniversary commemorations.

Proposed imagery for the coin redesign includes his portrait alongside inscriptions such as “Liberty” and “In God We Trust”. The reverse depicts him raising a clenched fist in front of an American flag with the phrase “FIGHT FIGHT FIGHT”, referencing a chant he used after a 2024 assassination attempt at a campaign rally in Butler, Pennsylvania.

Trump has pushed Democratic Senator Chuck Schumer to rename New York’s Penn Station after him, linking the idea to the release of federal infrastructure funding, but the effort has failed to gain traction.

Trump has also placed his face on government buildings around Washington, DC, in the form of long banners.

Even the architecture of the US capital city is changing to reflect his tastes: Last October, he tore down the White House’s East Wing to build a massive ballroom, and he has plans to build a triumphal arch in the capital, similar to the one in Paris, France.

In December, Trump’s name was added to the Kennedy Center in Washington, DC, just one day after his hand-picked board members controversially voted to rename the art venue, the first time a national institution has been named after a sitting US president.

Within days, workers had added metal lettering to the building’s exterior, renamed as “The Donald J Trump and the John F Kennedy Memorial Center for the Performing Arts”.

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King Charles to address Congress as U.S.-British ties face rare strain

King Charles III will address a joint session of Congress on Tuesday, becoming the second British monarch in history to do so as the United States commemorates the 250th anniversary of its independence from England.

The king’s address, the centerpiece of a four-day state visit, comes at a moment of unusual strain between Washington and London. President Trump has repeatedly clashed with British Prime Minister Keir Starmer over the United States’ war with Iran, derided the British government’s refusal to commit forces to the conflict and even mocked the Royal Navy’s battleships as “toys.”

At a welcome ceremony for the king and Queen Camilla at the White House, Trump struck a more appreciative tone, describing the relationship between the two nations as a centuries-old “cherished bond.”

“Long before Americans had a nation or a Constitution, we first had a culture, a character and a creed,” the president said. “Before we ever proclaimed our independence, Americans carried within us the rarest of gifts — moral courage — and it came from a small but mighty kingdom from across the sea.”

Trump said that some may think it is “ironic” to honor the British king during celebrations of America’s independence, but argued the tribute “could not be more appropriate.”

“Americans have had no closer friends than the British,” Trump said. “We share the same root. We speak the same language. We hold the same values. And together, our warriors have defended the same extraordinary civilization under twin banners of red, white and blue.”

Trump said he will not be attending the king’s remarks at the Capitol due to security protocols, but said he planned to watch from afar. He did not elaborate on any security concerns, but the decision comes in the aftermath of a shooting at the White House correspondents’ dinner in which authorities said Trump was a likely target.

Following the welcome ceremony, the king joined Trump in the Oval Office for a closed-door bilateral meeting.

The president appeared to be enjoying the visit. He told the crowd at the White House that his late mother “loved” the royal family and watched their events on television. The president even joked his mother had a “crush” on the king when he was younger.

“I wonder what’s she’s thinking right now,” he said.

Earlier in the day, Trump posted on Truth Social that he planned to raise with the king and queen a media report suggesting his family roots may be tied to the royal family, a prospect he appeared to find amusing.

“I’ve always wanted to live in Buckingham Palace!!!” the president said in the post.

The king is scheduled to address Congress at 3 p.m. EDT. He is expected to delivered prepared remarks about the two nations’ shared history and their enduring diplomatic ties, while offering measured acknowledgment to the tensions defining the current moment.

The only precedent for an address by a British monarch was 35 years ago, when Queen Elizabeth II addressed a joint session of Congress in 1991. The timing of her address came after the end of the Gulf War.

How the king will address the current geopolitical tensions, including the Iran war and Trump’s threats to leave the North Atlantic Treaty Organization, remains to be seen.

But hanging over the king’s visit is the shadow of the Jeffrey Epstein scandal.

Rep. Ro Khanna (D-Fremont), one of the most vocal lawmakers pushing for the release of the Epstein files, last month requested that the king privately meet with some of the women who were sexually abused by the late financier.

The request was made in a letter to Buckingham Palace. In it, Khanna noted that the Epstein scandal extended to Britain, where the king’s brother, Andrew Mountbatten-Windsor, was tied to the alleged misconduct.

In February, the former Prince Andrew was arrested on suspicion of misconduct in public office related to his links to Epstein, marking the first time in nearly four centuries that a senior British royal was criminally apprehended.

But the king declined to meet directly with the survivors, Khanna said in an MS NOW interview on Tuesday morning. The California Democrat said he expects the king to address the issue during his remarks to Congress.

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Trump’s US Fed nominee Warsh vows independence, says he’s no ‘sock puppet’ | Banks News

Kevin Warsh, United States President Donald Trump’s pick to lead the Federal Reserve, has addressed concerns about his independence pending his appointment to the bank amid fears that Trump could sway his decisions on monetary policy.

On Tuesday, Warsh — who served on the central bank’s Board of Governors from 2006 to 2011 — faced waves of criticism during a confirmation hearing of the Senate Banking Committee where Democrats voiced concerns about the Fed’s independence should he be appointed to lead the organisation.

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Senator Elizabeth Warren of Massachusetts, the ranking Democrat on the committee, questioned Warsh’s independence, alleging that he would be a “sock puppet” for Trump, concerns he pushed back against and addressed in his opening testimony.

“I do not believe the operational independence of monetary policy is particularly threatened when elected officials — presidents, senators, or members of the House — state their views on interest rates,” Warsh said.

“Monetary policy independence is essential. Monetary policymakers must act in the nation’s interest . . . their decisions the product of analytic rigour, meaningful deliberation, and unclouded decision-making.”

Warsh, 56, also called for “regime change” at the US central bank, including a new approach for controlling inflation and a communications overhaul that may discourage his colleagues from saying too much about the direction of monetary policy.

Warsh blamed the central bank for an inflation surge after it slashed interest rates to nearly zero in the wake of the COVID-19 pandemic, a move that continues to hurt US households.

Concerned by the implications of artificial intelligence for jobs – expected to increase productivity – and prices, he said he would move quickly to see if new data tools could provide better insight on inflation, and would also discourage policymakers from saying too much about where interest rates might be heading.

“What the Fed needs are reforms to its frameworks and reforms to its communications,” the former Fed governor said. “Too many Fed officials opine about where interest rates should be … That is quite unhelpful.”

Warsh has also long been an advocate for shrinking the Fed’s $6.7 trillion balance sheet. In the Tuesday hearing, he said any such plans would take time and must be publicly discussed well in advance.

Jai Kedia, a research fellow at the Center for Monetary and Financial Alternatives at the libertarian Cato Institute, told Al Jazeera that there were many “encouraging” signs in Warsh’s candidacy.

“Warsh is presenting himself as a regime change candidate at a time when the Fed needs serious reform,” Kedia noted. “Particularly encouraging was his understanding of the negative effects of QE and his focus on reducing the balance sheet. He also correctly criticised mission creep and acknowledged that the Fed did better when it kept its focus on the dual mandate [of keeping inflation at 2 percent and increasing employment].”

Quantitative easing or QE is an unconventional monetary policy under which a central bank lowers interest rates, among other measures, to boost the economy, a step taken by central banks in several developed countries during the pandemic.

Warsh’s private investments, at well over $100m, are also under scrutiny. Among them are two holdings in the Juggernaut Fund LP, apparently part of his work advising for the Duquesne Family Office, the private investment firm of Stanley Druckenmiller.

Warsh’s nearly 70-page financial disclosure also showed that his other holdings include investments in Elon Musk’s SpaceX and the prediction trading platform Polymarket.

“I agreed to divest virtually all of my financial assets, the large majority of which will be divested” before taking office, Warsh said without giving any details.

 

 

Warsh noted that selling his holdings comes with challenges. He said that when that process is completed, he would have “virtually no financial assets” and “we’ll be sitting in something like cash”.

Warren, however, questioned him about the divestment plan. “Do we have any way to verify that, in fact, these sales will occur if we have no idea what’s in them?” she asked.

Political hurdles

The hearing quickly turned contentious, and the pace of Warsh’s confirmation process through the Senate remained in doubt.

He would not directly say that Trump lost the 2020 election – a statement of fact that Senator Warren said was a litmus test of Warsh’s independence from the Republican president who nominated him for the top Fed job.

Yet even amidst the focus on independence, Warsh needs 13 votes to clear the 24-member Senate Banking Committee.

North Carolina Senator Thom Tillis said he would vote against Trump’s nominee and join Democrats, which would create a 12–12 split. The committee has 13 Republican members and 11 Democrats.

Tillis said he would not vote for any Trump nominee until an investigation into current Fed Governor Jerome Powell, whose term ends May 15, is either concluded or called off. Last month, federal prosecutors said they found no evidence of wrongdoing. But Jeanine Pirro, the US Attorney for the District of Columbia, has not indicated that the investigation will be dropped.

Tillis said on Tuesday that he would support Warsh’s nomination once the probe into Powell is dropped.

“Today’s confirmation hearing underscored that Warsh is aiming for independence with guardrails,” noted Selma Hepp, chief Economist of Cotality, a market analytics company. “He rejected being a political ‘sock puppet’ and argued the Fed protects its autonomy by ‘staying in its lane.’ He offered no pre-commitment on rates, while emphasising inflation discipline, a large balance sheet, and a desire for clearer Fed communication.”

Noel Dixon, senior macro strategist at State Street, said that with Warsh, the US would have a “dovish-leaning Fed”.

“When a senator asked him if he would lower rates to 1 percent – I guess Trump had indicated that he would like to have rates below 2 percent – Warsh didn’t really say no to that,” Dixon noted. “He didn’t say that it would increase prices. He kind of leaned on it and said there would be a lagged effect, and he was just very noncommittal to that. So it’s almost like – just reading between the lines – he’s giving himself space to maintain possible justification for rate cuts by the end of the year.”

Trump has continued to pressure the central bank.

On Tuesday, he said he would be “disappointed” if the Fed did not lower interest rates.

Tuesday’s remarks follow comments in December, when the US president said he would not appoint anyone to lead the central bank unless they agreed with him.

“The public needs to know whether Mr. Warsh will have the courage of his convictions or if he’s willing to compromise his independence and accommodate more Wall Street deregulation,” Graham Steele, an academic fellow at the Rock Center for Corporate Governance at Stanford University, told Al Jazeera in an email.

Warsh has praised the administration for its push for increased bank deregulation. In a November 2025 op-ed for the Wall Street Journal, Warsh claimed that Trump’s “deregulatory agenda” is “the most significant since President Ronald Reagan’s”.

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