Today’s Top US News – June 30, 2025
Your Daily Substack Briefing on Politics, Markets, and Major Events
Welcome to your trusted source for the latest US news, providing concise and insightful updates every day.
Trump’s “One Big Beautiful Bill Act” Nears Senate Showdown
The Senate is set for a crucial vote on President Donald Trump’s major tax and spending bill, known as the “One Big Beautiful Bill Act.” This legislation aims to deliver sweeping tax cuts, particularly benefiting high-income earners, while reducing social safety-net spending and funding Trump’s immigration priorities. Democrats warn the bill could negatively impact rural healthcare and working-class families. The outcome will have significant implications for the 2025 political landscape and the upcoming midterm elections.
US Stock Markets Reach Record Highs
The S&P 500 and Nasdaq hit all-time highs today, fueled by optimism around US-China trade negotiations and positive economic data. Investors are closely watching the progress of Trump’s $4.5 trillion tax cut bill, which could further boost the economy in the short term but raises concerns about the national deficit. Canada’s decision to drop its digital services tax and ongoing trade talks with China and India are also contributing to market momentum.
DOJ Reshuffle Linked to Capitol Riot Cases
The Department of Justice has removed at least three prosecutors from investigations related to the January 6 Capitol riot and demoted several supervisors. This shakeup, reportedly tied to loyalty concerns, has drawn scrutiny from legal experts and political opponents.
Idaho Firefighter Tragedy
In Coeur d’Alene, Idaho, two firefighters lost their lives and another was injured after responding to a deliberately set brush fire. Authorities believe the fire was an ambush targeting first responders; the suspected arsonist was later found dead.
International and Military Updates
US-Canada trade tensions have eased, with Canada withdrawing a planned digital tax and reopening broader trade negotiations.
The US military is monitoring Russian troop movements near eastern Ukraine and the fragile ceasefire between Israel and Iran, following recent US strikes on Iranian nuclear sites.
Quick Headlines:
Microsoft announces the retirement of the “blue screen of death.”
Beyoncé safely navigates a concert prop malfunction in Houston.
Underwater crayweed forests are being restored off Australia’s coast.
Stay Informed and Engaged
Thank you for subscribing to our daily Substack newsletter. We deliver the most important US news and market updates straight to your inbox—optimized for clarity, engagement, and search visibility.
Have feedback or topics you want covered? Reply to this email or leave a comment on Substack.