- Tuesday June 2nd, 2026
- "It Is Not A Question of Who Is Right Or Wrong But What Is Right Or Wrong That Counts."
- --Geoff Metcalf
- Providing an on line Triage of the news since 1998
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World & Nation
Gold Surpasses Treasuries in Central Bank Reserves
Gold has overtaken U.S. Treasuries among central banks' favored reserve
assets — underscoring a dramatic shift in how governments are
protecting their national wealth, the Financial Times reports.
But the development does not mean the dollar has lost its position at the center of the global financial system.
The U.S. dollar still accounts for roughly 42% of global
foreign-exchange reserves — making it by far the world's dominant
reserve currency.
International trade, global banking, commodity markets, and cross-border finance remain overwhelmingly dollar-based.
Iran Media Contradicts Itself on US Peace Talks
Iranian state-linked media outlets are sending sharply conflicting
signals about the status of peace negotiations with the United States,
highlighting growing uncertainty inside the Islamic Republic as
President Donald Trump pushes for a broader Middle East settlement.
On Tuesday, Iran's Mehr News Agency reported that Tehran was reviewing
a proposed U.S. agreement aimed at halting hostilities, describing
Iranian officials as taking a "stern" approach because of longstanding
distrust of Washington and concerns over past U.S. compliance.
At nearly the same time, the semiofficial Fars and Tasnim news agencies
reported that Iran had suspended communications with mediators, echoing
claims that surfaced Monday that Tehran had effectively stepped back
from talks.
Trump, Netanyahu Clash Over Israel's Escalation in Lebanon
President Donald Trump and Israeli Prime Minister Benjamin Netanyahu
reportedly engaged in a heated confrontation over Israel's expanding
military campaign in Lebanon.
According to an Axios report, Trump sharply criticized Netanyahu during
a Monday phone call, accusing the Israeli leader of escalating the
conflict with Hezbollah terrorists in a manner that could undermine
U.S. diplomatic efforts and further isolate Israel internationally.
The reported exchange came as fighting along Israel's northern border intensified.
Blanche says documents were found in burn bags, but their placement suggests an agent may have saved them
Acting Attorney General Todd Blanche unveils shocking details about
classified burn bags found at the Department of Justice on ‘Hang Out
with Sean Hannity.’
Acting Attorney General Todd Blanche revealed that the Department of
Justice discovered a room packed with documents from former special
counsel Jack Smith's investigation into Donald Trump.
Speaking on the "Hang Out with Sean Hannity" podcast, Blanche said the
room was not officially a "secret" but that personnel were unaware of
it. His comments come after FBI Director Kash Patel and former FBI
Deputy Director Dan Bongino also discussed documents discovered by
investigators.
"We found a room like that at DOJ, a few months ago," Blanche said.
"It's not fair to say it was a secret room, but it's a room that had a
lot of material in it."
Blanche added that the documents were found in "burn bags," which are
typically used to destroy sensitive documents for security purposes. He
said while it’s not uncommon to use these types of bags to get rid of
sensitive information, where it was left led him to believe an
"honorable" agent may have been trying to preserve it.
Fetterman on why he supports Trump's ballroom, and his shock at Democrats who doubt last assassination attempt
'More than a third of my party thinks that was a hoax, that’s wild'
Sen. John Fetterman, D-Pa., discussed why he supports President Donald
Trump’s White House ballroom project in an interview published Tuesday,
where he also assailed members of his own party who doubted the
validity of the April assassination attempt.
During an interview segment on "The Katie Miller Podcast," Miller and
Fetterman discussed the April 25 shooting during the White House
Correspondents' Association Dinner, which Trump was attending for the
first time as president. Miller was also in attendance with her
husband, White House senior advisor Stephen Miller.
"Now more than a third of my party thinks that was a hoax, that’s
wild," Fetterman said in a clip obtained by Fox News Digital. "Everyone
was there, you could confirm that was real in the middle of that. And
the first assassination [attempt in Butler] where he was hit in the
[ear], that was in my state. And how crazy, how dangerous and how awful
that was. And half an inch over to the left … and that could have
plunged our nation into untold chaos."
A poll in April found about one-third of Democratic respondents thought the April 25 shooting was staged.
Rubio lays out Trump's phase 1 and 2 demands in Iran negotiations
Secretary of State Marco Rubio laid out President Donald Trump's
strategy amid peace negotiations with Iran, saying the reopening of the
Strait of Hormuz is only a "prerequisite" for talks.
Rubio made the remarks during an appearance before the Senate Foreign
Relations Committee on Tuesday, telling lawmakers that Iran must end
its belligerence in the region.
"They have to announce, very clearly, the straits are now open, we're
not charging a toll, we'll help remove the mines that they put in
there, and they will not fire on ships," Rubio said.
Trump names Bill Pulte acting director of national intelligence
Trump praised Pulte's experience managing 'over 10 Trillion Dollars' at Fannie Mae and Freddie Mac in his announcement
President Donald Trump announced Tuesday that he is appointing Federal
Housing Finance Agency Director William "Bill" Pulte to serve as acting
director of national intelligence to replace Tulsi Gabbard.
In a post on Truth Social, Trump praised Pulte's leadership at the FHFA
and his oversight of mortgage giants Fannie Mae and Freddie Mac.
"William has deep experience managing the most sensitive matters in
America, the safety and soundness of the Markets, and over 10 Trillion
Dollars at Fannie Mae/Freddie Mac," Trump wrote.
Los Angeles neighborhood Fourth of July parade canceled after Bass budget cuts, organizers claim
A neighborhood council president said the LA mayor's staff ignored calls to help fundraise for the Independence Day event
A Los Angeles Fourth of July parade has been canceled, with organizers
citing city budget cuts from Mayor Karen Bass' office, according to a
letter released Thursday.
"Cuts in the City's budget from the Mayor's office meant that city
services are no longer provided free of charge for first amendment
events such as our parade, and sponsoring organizations need to pay for
the City services that ensure a safe event," The Sunland/Tujunga/Shadow
Hills Rotary Club announced in a Facebook post on Monday.
The club said that estimates from the Department of Transportation
brought the new cost for barricades, signage and other event items to
almost $20,000, over four times the average budget for the parade. The
club noted that it was "with great sadness" that they could not host
the long-running Independence Day tradition this year under this cost.
New Mexico’s governor race puts history, blue state's direction on ballot
Deb Haaland, a former congresswoman and the first Native American
Cabinet secretary, would become the first Native American woman elected
governor of any state if she wins in November. (Kevin Dietsch/Getty
Images)
Former Interior Secretary Deb Haaland is facing Bernalillo County
District Attorney Sam Bregman in a contest that could shape the next
phase of Democrat politics in the longtime blue state.
Haaland, a former congresswoman and the first Native American Cabinet
secretary, would become the first Native American woman elected
governor of any state if she wins in November.
Bregman is running as a law-and-order Democrat with a prosecutor’s
profile, giving the primary a clear contrast in style and emphasis.
Jill Biden’s tales spin a web of self-serving fantasy
By Jonathan Turley
Jill Biden’s book is not even out yet — and she’s already trying to get
it displayed on both the fiction and the non-fiction shelves.
From her husband’s mental decline to the pardoning of her son, the
former first lady has moved from the historical to the fanciful.
Thomas Jefferson once wrote that “honesty is the first chapter in the
book of wisdom” — but if her promotional interviews are any measure,
that chapter appears to be entirely missing from “View from the East
Wing: A Memoir.”
Last week Biden faced a torrent of criticism, including from Democrats
like her former spokesperson, over her claim to CBS News that she
thought her husband’s debate meltdown meant he might have been
suffering a stroke.
Democrats face a socialist reckoning they are too scared to stop
Democrats, at some point, will have to freeze out the radical extremists who are hijacking their party
By Liz Peek
Democrats have a tiger by the tail.
Democratic Socialists are bringing money and energy to their party, but
also a growing crop of anti-American, anti-capitalist and often
antisemitic candidates who scorn our country’s traditions and values.
These challengers may ride today’s wave of anti-Trump sentiment,
concern about AI and anger about high prices, and win in solidly
Democrat areas, like Manhattan, but long term they will become an
embarrassment. AOC and her Democratic Socialist colleagues are not
going to breach the Oval Office anytime soon.
Establishment Democrats like Senate Minority Leader Chuck Schumer know
this but are scared to death of taking on the likes of New York City
Mayor Zohran Mamdani for fear of being primaried by leftist candidates
and ran out of office. Consequently, they have left the door open and
unguarded, welcoming the upstarts. Shame on them.
