Desi Weekly News Digest 

NATIONAL

Stock Markets Tumble on Uncertainty Due to Tariffs: Despite a late rally Friday, the stock market had its 4th week of lows. AP

Government Funding and Shutdown Averted: Senate Minority Leader Chuck Schumer announced his intention to support a Republican stop-gap funding bill, reducing the risk of a government shutdown. This move aims to provide more time for bipartisan negotiations on a longer-term funding solution.

INTERNATIONAL

30 Day Ceasefire Proposal for Ukraine: Ukraine has accepted a 30 day ceasefire deal proposed by the United States, However, the Kremlin’s acceptance comes with strings that will basically hand over territory to Russia. NBC

CORRUPTION ALERT

Pay For Play?: Musk announced plans to put in $100 million into President Trump’s political operation after Trump posed with a Tesla on the White House lawn. SCRIPPS NEWS, NYT

The US Government Is Backtracking From Crypto Regulation: Regulators have halted investigations and withdrawn or paused lawsuits against top crypto companies and their executives. NYT

SCIENCE

Environmental Regulations to Get the Axe: The head of the Environmental Protection Agency announced a series of actions Wednesday to roll back landmark environmental regulations, including rules on pollution from coal-fired power plants, climate change and electric vehicles. AP

280  Million Acres Of National Forest to be Cut Down? Trump has signed an executive order asking for more timber logging from national forests. YAHOO

HEALTH

Measles Outbreak in Texas: Health officials reported that measles cases linked to a Texas outbreak have reached 259. This surge has prompted increased vaccination efforts and public health warnings to contain the spread of the disease. ​REUTERS

CULTURE 

NRI filmmaker wins best director at Florida’s South Asian film festival:  Atlanta-based filmmaker Sanjay Arora, won the Best Director Award at the South Asian International Film Festival of Florida 2025 for his work on the film 2 Khet (Two Farms). NEW INDIA ABROAD

JUST THE HEADLINES

Trump family considering a stake in disgraced cryptocurrency firm Binance as CEO asks for pardon. WSJ

The Trump administration is asking the Supreme Court to allow restrictions on birthright citizenship. AP

The Trump administration is expected to invoke a sweeping wartime authority to speed up the president’s mass deportation pledge. CNN

The Trump Administration has banned several words from being used in federal agencies. These include words like “biased,” “climate science,” “female,” “women,” “socioeconomic,” “underprivileged,” and “cultural heritage.” YAHOO

Critics warn staff cuts at federal agencies overseeing US dams could put public safety at risk. AP

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