🗞️G7 summit begins

June 16th, 2025

What happened today 🇺🇸,

• The G7 summit in Albert, Canada began today with world leaders from the U.S., Canada, France, Germany, U.K., Italy, Japan, and the EU meeting to discuss economic challenges and geopolitical tensions/conflicts…President Trump reiterated his criticism of Russia’s removal from the G7 and signaled he would not sign any joint G7 statement urging de-escalation between Israel and Iran…for more click the article above

• Senator Tim Kaine (D-VA) introduced a bill requiring President Trump to get explicit congressional approval before launching any U.S. military action against Iran, aiming to prevent the U.S. from being drawn into the escalating Israel-Iran conflict without a full debate and vote

• Federal judge, William Young, has ruled that President Trump’s cuts to National Institutes of Health (NIH) grants are illegal, ordering the immediate reinstatement of hundreds of terminated grants

• The Trump Organization has launched “Trump Mobile” which is a new wireless service and smartphone brand both promoted as American-made and featuring U.S.-based customer service…this project aims to rival major telecom providers and includes perks like telemedicine, roadside assistance, and international texting

• Over the weekend Israel officially requested the U.S. join ongoing war against Iran…today the conflict between Iran and Israel escalated further as Iran and Israel launched more attacks, Iran reportedly asked Qatar, Saudi Arabia, and Oman to ask President Trump to press Israel to agree to an immediate ceasefire and Iran will offer flexibility in nuclear negotiations with the U.S., the Trump administration has told allies it will not get involved in war against Iran unless Iran attacks Americans…for live updates click here

• President Trump has fired Democratic commissioner at the Nuclear Regulatory Commission, Christopher Hanson

• Costco is planning to open its first standalone gas station in Mission Viejo, California, featuring 40 pumps exclusively for Costco members, with construction starting this fall and an expected opening in spring 2026

• Co-founder and former CEO of 23andMe, Anne Wojcicki, has agreed to buy back the bankrupt genetic testing company and its data for $305 million through her nonprofit called the TTAM Research Institute

• Meta has started showing ads on WhatsApp in its “status” feature and plans to introduce more ad formats soon

• The unemployment rate among recent college graduates aged 22 to 27 has reached 5.8%

• DOW up .75% / S&P up .94%

Bonus: A look at the most affordable cities to buy a home

Please follow The Simple American on X @TSimpleAmerican x.com/Tsimpleamerican

Quote of the day: "The bad news is time flies. The good news is you're the pilot" —Michael Altshuler

Have a great night!

P.S. We love connecting with our readers so…

Please reply to this newsletter for more info on any news points in the letter, feel free to give us any feedback you have, or let us know what you want more of!

P.P.S. Want to reach over 13,000 people? Reply to this email to inquire about advertising with us!