Trump is expected to press defense industry leaders to speed weapons production as the war with Iran strains U.S. missile stockpiles. Officials and experts have warned that replenishing key systems could take years.
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Defense Secretary Pete Hegseth warned Cuba against acquiring weapons capable of reaching Guantánamo Bay or the U.S. mainland. Cuba has rejected reports about drone plans and accused Washington of creating pretexts for aggression.
President Trump signed the Secure America Act, a nearly $70 billion package funding ICE, Customs and Border Protection and other Homeland Security operations through the rest of his presidency. The bill passed narrowly after months of Democratic opposition and internal Republican disputes.
U.S. consumer prices rose 4.2% in May from a year earlier, the fastest increase since April 2023. Energy costs, especially gasoline, drove much of the rise as conflict disrupted oil shipping through the Strait of Hormuz.
U.S. inflation rose to 4.2% in May, the highest level in three years, as energy costs tied to the Iran war continued to climb. Core inflation increased 2.9%, while wage growth lagged behind the broader rise in prices.
A fragile U.S.-Iran ceasefire collapsed after an American Apache helicopter was downed near the Strait of Hormuz, prompting U.S. strikes on Iranian targets. Iran responded with attacks targeting U.S.-linked military sites in Bahrain, Kuwait and Jordan, with air defenses reporting interceptions.
Trump said Bill Pulte will become acting director of national intelligence on June 19 while remaining head of the Federal Housing Finance Agency. The decision has sparked bipartisan concern and threatened renewal of Section 702, a surveillance authority set to expire Friday.
Republican Steve Hilton will face Democrat Xavier Becerra in California’s November governor’s race after advancing from the state’s top-two primary. Becerra led with about 28% of the vote, followed by Hilton at 25%, with 88% of the expected vote counted.