Trump's Approval Ratings, Tariff Deadlines, Schumer's Criticism, And Defense Budget Shifts: This Week In Politics

Rounak Jain

June 29, 2025

The past week has been a whirlwind of political and economic developments. President Donald Trump’s approval ratings took a hit following an attack on Iran, while he hinted at potential changes to the July tariff deadline. The Supreme Court handed Trump a significant victory, limiting judges’ power to block presidential directives. Meanwhile, Senate Minority Leader Chuck Schumer criticized the GOP’s budget reconciliation bill, and Trump’s defense budget signaled a strategic shift towards advanced missile systems and unmanned warfare capabilities.

Trump’s Approval Ratings Drop After Iran Attack

President Donald Trump’s approval ratings have dipped in the wake of an attack on Iran, as revealed by a recent Morning Consult poll. The president’s approval among voters has been negatively impacted on several key campaign issues.

Read the full article here.

Trump Hints at Flexibility on July Tariff Deadline

President Trump has suggested that the early July deadline for reinstating significant U.S. tariffs on various countries may not be set in stone. “We can do whatever we want,” he told reporters at the White House.

Read the full article here.

See Also: Boeing 787 Dreamliner Crash: India Shuts Door On UN Aviation Expert Probing Plane Accident

Supreme Court Limits Judges’ Power to Block Presidential Directives

The Supreme Court has made a ruling that alters how birthright citizenship policies can be challenged in court. The decision restricts judges' ability to block President Trump's policies across the nation.

Read the full article here.

Schumer Criticizes GOP’s Budget Reconciliation Bill

Senate Minority Leader Chuck Schumer launched a scathing attack on the Republican Party's budget reconciliation bill, calling it "flawed" and "irredeemable." He criticized the bill for its extensive cutbacks on welfare and tax breaks for the wealthy.

Read the full article here.

Trump’s Defense Budget Shifts Focus to Missiles, Drones

President Trump’s fiscal 2026 defense budget request indicates a strategic pivot towards advanced missile systems and unmanned warfare capabilities while reducing traditional fighter jet procurement.

Read the full article here.

Read Next:

Trump’s $5 Million ‘Gold Card’ Draws Global Elite, But Lawyers Warn ‘Many High-Net-Worth Individuals Will Not Apply’ Without Tax Clarity

Photo courtesy: Shutterstock

This story was generated using Benzinga Neuro and edited by Rounak Jain

Recommended

Back This Medical AI Tech - Ad

The Tesla Shock Nobody Sees Coming - Ad

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

WASHINGTON (AP) — President keeps saying that Republicans' mega legislation will eliminate taxes on federal benefits.

After Diddy's conviction, here's where his business ventures stand

LOS ANGELES (AP) — Sean “Diddy” Combs has been in his federal sex trafficking trial, but that doesn't mean the once-celebrated music mogul will see his business empire restored.

Copper's Spiking - And This Junior Has the Grades to Match

Copper's Spiking - And This Junior Has the Grades to Match - Ad

Copper is climbing again - and this time, it looks tariff-proof. A $31M junior just posted nearly 1B lbs of copper equivalent. With insiders and institutions piling in, this could be the next breakout.

Bitcoin, Ethereum, XRP, Dogecoin Surge Ahead Of Independence Day

Cryptocurrency markets are surging heading into the holiday weekend, fueled by optimism around altcoin ETF approvals for 2025 and the impending ratification of the ‘Big Beautiful Bill.’

Greenland has a message for the rest of the world: Come visit

NUUK, Greenland (AP) — has a message for the rest of the world: We’re waiting for you.

What's inside Elon's building in Memphis will shock you

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the July 1st funding window closes.

20 Surprising Reddit Facts To Celebrate Its Milestone Birthday

Here's a look at Reddit's best-kept secrets and odd historical footnotes as the platform turns 20.

Dave Ramsey Says Real Estate Can Outperform Stocks, But Warned That Higer Returns 'Don't Come Free'

Dave Ramsey said real estate can outperform stocks with higher returns due to its imperfect market and multiple income streams, but warned it requires significantly more time, effort, and risk to manage effectively.

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

A high-grade copper-gold discovery in Quebec just delivered extremely high grade intercepts. Valuation? Just $31M. With copper breaking out, the timing here could be perfect. Get the symbol here.

Chanel marks 110 years with style — and stars — by supersizing its couture salon in a palace

PARIS (AP) — Only Chanel would call its legendary Rue Cambon salon “too small” — then rebuild it, supersized, in a palace.

Alibaba Prices $1.5 Billion Via Zero-Coupon Bonds To Fund AI, Cloud Push

Alibaba announced $1.5B bond offering for AI and cloud expansion, exchangeable for shares of Alibaba Health. Expected to close July 9.

Elon's Greatest Invention... Hidden in South Memphis?

Elon's Greatest Invention... Hidden in South Memphis? - Ad

In South Memphis, I uncovered what could be Elon Musk's biggest invention yet. It's so secretive, rivals are flying drones to spy on it. If you're serious about investing in AI, now's the time to see what's really going on inside those walls.

Big Banks Pass Fed's 2025 Stress Test With Ease—But Some Say It Was Too Easy

All major U.S. banks passed the Fed's 2025 stress test, but critics say easier assumptions may have padded the results.

Senate Republicans block attempt to roll back massive tax hike on professional gamblers

WASHINGTON (AP) — Senate Republicans on Thursday blocked an attempt to reverse a little-noticed provision from their tax and that professional gamblers warn could be the end of their industry.

FDA Submission Expected This Summer - Invest Before It Happens

FDA Submission Expected This Summer - Invest Before It Happens - Ad

This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.

Gavin Newsom Is Going To South Carolina Next Week To Remind Rural Voters There They Aren't Forgotten, Presidential Run In 2028 On The Cards?

Gavin Newsom, California Governor, to tour South Carolina next week, sparking rumors of 2028 presidential run. He aims to engage rural voters and build partnerships.

US job openings in May hit 7.8 million in a continuing display of labor market resilience

WASHINGTON (AP) — U.S. job openings rose unexpectedly in May, a sign that the American labor market t in the face of high borrowing costs and uncertainty over U.S. economic policy.

The Public Safety Revolution

The Public Safety Revolution - Ad

Robotics is transforming public safety. One company is leading the charge with cutting-edge tech and a low-cost service model. With growing momentum and a tight stock float, this is one to watch.

Nebius Emerges As Neutral AI Cloud Alternative, Deepens Ties With Nvidia, OpenAI, Microsoft: Analyst

Goldman Sachs analyst initiates coverage of Nebius Group with a Buy rating, citing its strong position in the AI Neoclouds market.

Apple Has the Potential To Crush Meta's Ray-Ban Smart Glasses, Says Ming-Chi Kuo, But The Tech Giant Has Been 'Surprisingly Slow'

Analyst Ming-Chi Kuo believes Apple has the potential to surpass Meta's Ray-Ban smart glasses, but notes the company's slow progress in this market could delay its dominance.

A Robotics Leader in Disguise

A Robotics Leader in Disguise - Ad

Forget the hype. Real revenue, growing contracts, and a low float make this stock a hidden gem in the robotics space.

Trump's Decision To End Tax-Free Loophole For Low-Value Goods From China Leads To A Sharp Decline In Air Cargo Shipments

The U.S. ended the tax-free exemption for low-value goods from China in early May, leading to a decline in air cargo shipments.

Donald Trump's Approval Rating Jumps Among Baby Boomers — Here's What's Driving It

President Trump's approval rating among Baby Boomers has seen a significant surge, potentially solidifying his political base as we approach the 2026 midterm elections.

Back This Medical AI Tech

Back This Medical AI Tech - Ad

You don't often find healthcare tech company valued at $4M. HeartSciences is an exception. With $75M invested, including R&D, clinical trials, and product development, their patented AI software is approaching FDA submission, a potential major inflection point.

Circle Internet, Centene And Li Auto Are Among Top 10 Large Cap Losers Last Week (June 30-July 4): Are The Others In Your Portfolio?

10 worst performing large-cap stocks in holiday-shortened week, including Centene Corp, Molina Healthcare, and Circle Internet Group.

Bill Ackman Demands Funding Disclosure Law After Gemini's Tyler Winklevoss Brands LA Protests 'NGO Funded Propaganda'

Billionaire investor Bill Ackman called for a federal law requiring protesters to disclose their funding sources while commenting on the anti-immigration protests that rocked Los Angeles earlier this month.

The Tesla Shock Nobody Sees Coming

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

Amazon's AI-Powered 4-Day Prime Day Will Drive Billions In Sales

Bank of America analyst maintains Buy rating on Amazon with $248 price forecast, noting 11th Prime Day event to have extended 4-day window with AI savings tools and estimated $21.4B in GMV.

Lawmakers Investigate Whether Pfizer Delayed COVID-19 Vaccine Results For Political Reasons

House Judiciary subpoenas ex-Pfizer exec Philip Dormitzer amid claims the COVID-19 vaccine announcement was delayed to avoid influencing the 2020 election.

Gold Just Hit Another Record. This Junior Could Be Next.

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.

US Credit Rating Would Fall If Trump's Big Beautiful Bill Is Approved, Says Thomas Massie: Here's What It Means For Americans

Thomas Massie has warned that the 'One Big Beautiful Bill' could tank the U.S. credit rating to BBB, a level that signals financial distress.

Gangs in Haiti burn beloved Gothic gingerbread hotel that rose to international fame

PORT-AU-PRINCE, Haiti (AP) — Haiti’s once illustrious Grand Hôtel Oloffson, a beloved Gothic gingerbread home that inspired books, hosted parties until dawn and attracted visitors from Mick Jagger to Haitian presidents, was burned down this past weekend.

Copper's Spiking - And This Junior Has the Grades to Match

Copper's Spiking - And This Junior Has the Grades to Match - Ad

Medicaid, food aid recipients worry about safety net cuts in bill sent to Trump

JEFFERSON CITY, Mo. (AP) — Supporters of the that Congress has sent to President Donald Trump say the changes to Medicaid, food aid and other programs will encourage personal responsibility and halt those scamming the system.

Trump branded, browbeat and prevailed. But his big bill may come at a political cost

WASHINGTON (AP) — Barack Obama had the . Joe Biden had the . will have the .

What's inside Elon's building in Memphis will shock you

What's inside Elon's building in Memphis will shock you - Ad

Nations are meeting to drum up trillions to combat poverty — but the US isn't going

UNITED NATIONS (AP) — Many of the world’s nations are gathering starting Monday in Spain for a high-level conference to tackle the and try to drum up trillions of dollars needed to close it. The United States, previously a major contributor, pulled its participation, so finding funding will be tough.

SoundHound AI Plunged 35% In 2025 - Is It Still Worth Owning?

SoundHound AI stock soared but plunged 35% YTD due to Nvidia exiting its stake, Jim Cramer's sell recommendation, and mixed Q1 results. Potential rivals, including Meta Platforms and OpenAI, pose competition. Analysts have a consensus price forecast of $10.50 for SoundHound AI.

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

A high-grade copper-gold discovery in Quebec just delivered extremely high grade intercepts. Valuation? Just $31M. With copper breaking out, the timing here could be perfect. Get the symbol here.

Netflix Is Worth Half Trillion And One Analyst Forecasts Trillion Dollar Valuation

Netflix's stock has surged 43.4% in 3 months and 99% in 1 year, with a market cap of $552 billion. Analysts project continued strong performance and a $1 trillion valuation by 2030, driven by content strategy and ad-supported tier.

Trending Now

The Public Safety Revolution - Ad

Back This Medical AI Tech - Ad

Elon Musk's America Party Is A Move In The 'Opposite Direction,' Says Dan Ives, Analyst Gary Black Says Difficult To Predict Impact On Tesla Brand Short Term

Bitcoin, Ethereum, Dogecoin Slide Even As Q2 Turns Profitable For Crypto: Analyst Warns About Decline In BTC If The Apex Coin Doesn't Close Above This Level