🗞️The Clintons to testify about Epstein

...also Treasury Secretary Bessent won't be the next Fed Chair and the new Fox One streaming service

August 5th, 2025

What happened today 🇺🇸,

  • The House Oversight Committee has issued subpoenas for former President Bill Clinton, former Secretary of State Hillary Clinton, and several former top Justice Department and FBI officials to provide testimony and documents related to the Jeffrey Epstein sex trafficking investigation…the committee has also subpoenaed the Justice Department for files and communications about the case

  • The White House is reportedly drafting an executive order that would penalize banks for dropping customers based on their political beliefs…the order would direct regulators to investigate banks for potential violations of laws like the Equal Credit Opportunity Act and could impose penalties on institutions that have been found to discriminate against conservative clients or cryptocurrency firms…read more here

  • President Trump announced that he has narrowed the list for the next Federal Reserve Chair to four candidates but confirmed that Treasury Secretary, Scott Bessent, has declined to be considered, preferring to stay in his current role

  • NASA is planning to build a nuclear reactor on the Moon by 2030 to provide reliable power for extended lunar missions…this effort aims to maintain U.S. leadership in space and prevent China and Russia from dominating space exploration

  • President Trump on social media threatened a federal takeover of Washington, D.C., citing "out of control" crime and criticizing local leaders for inadequate prosecutions of violent offenders…read more here

  • The Environmental Protection Agency (EPA) is preparing to cancel $7 billion in federal grants under the Solar for All program

  • The Trump administration got rid of a policy that stated U.S. states and cities who boycotted/opposed Israeli businesses would be denied federal disaster funds…the Department of Homeland Security has removed the rule and any mention of it from its website just hours after it was announced, following criticism from political groups and state officials

  • The Fox Corporation will launch its new direct-to-consumer streaming service, Fox One, on August 21st…the service will cost $19.99 per month or $199.99 per year and will offer live and on-demand content from Fox Sports, Fox News, Fox Business, Fox Weather, local Fox stations, and more

  • DOW down .14% / S&P down .49%

  • Four European countries, Netherlands, Sweden, Norway, and Denmark, have agreed to purchase over $1 billion worth of American weapons to supply Ukraine

  • Rwanda has agreed to accept up to 250 migrants deported from the U.S. under an agreement finalized with the Trump administration

Plus: The best universities for high-paying tech jobs

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