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Trump and Putin to meet in Alaska on Friday to talk Ukraine ceasefire. President Trump announced the meeting yesterday amid the approach of the deadline he had set for Russia’s Vladimir Putin to end his country’s invasion of Ukraine or face the imposition of steep “secondary tariffs” on its trading partners. The announcement came as Bloomberg reported that the US and Russia were working to hammer out an agreement that would stop the war but would allow Russia to keep territory it seized in the invasion. However, Ukraine’s President Volodymyr Zelensky appears to have already rejected the idea, saying in a video address early this morning, “Ukrainians will not give their land to the occupier,” per the New York Times.
The IRS head is out. Being in charge of the nation’s tax agency doesn’t come with a lot of job security these days: Yesterday, President Trump removed former Rep. Billy Long from the Internal Revenue Service’s top post less than two months after he took it up (his term was set to expire in 2027). Treasury Sec. Scott Bessent will replace Long—who was the sixth IRS commissioner this year—on an interim basis. The shakeup comes after the IRS had shed staff amid Trump’s government worker layoffs and the recently passed legislation Trump supported that made big changes to the tax code. Long said on X that Trump would be appointing him as ambassador to Iceland.
Trump wants a $1b settlement from UCLA. The university is looking for a deal after the Trump administration accused it of civil rights violations related to antisemitism and affirmative action, and both sides told news outlets that the president is seeking $1 billion from the school—a figure UCLA’s president strongly opposed. It’s the first public university to face a funding freeze over such allegations, and the amount sought far exceeds the $221 million deal the administration made with Columbia and the $50 million deal it made with Brown. Meanwhile, the fight between President Trump and Harvard continues to escalate (despite the university reportedly being willing to spend $500 million on a settlement), with Trump threatening to take over Harvard’s patents, per the WSJ.—AR
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