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    Secret Service Shoots Armed Man Near the White House

    President Trump was in Florida at the time of the episode, during which a man held a gun and a confrontation ensued, the agency said.The Secret Service shot a man near the White House early Sunday after an “armed confrontation” with law enforcement officers, the agency said in a statement.President Trump was not at the White House at the time. He is spending the weekend in Florida at his Mar-a-Lago Club.Earlier on Saturday, the local police shared information with the Secret Service about a suicidal person who may have been traveling to Washington from Indiana. Around midnight, members of the Secret Service encountered the person’s parked vehicle near 17th and F Streets, about a block from the White House. A man was outside of the vehicle, the agency said.As officers approached, they saw that the man had a gun and then a confrontation ensued, during which the Secret Service shot the man, the agency said.He was transported to a hospital, and his condition was unknown, the Secret Service said. There were no reported injuries to anyone with the Secret Service.The Metropolitan Police Department in Washington is investigating the shooting. More

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    Are Liberal Democrats Really ‘Bewildered’?

    To the Editor:Re “Join My Bewildered Liberals Book Club,” by Nicholas Kristof (column, Feb. 23):I had previously read the books recommended by Mr. Kristof in his column. I take from them many of the same lessons he reiterates. I did find, though, his “bewildered liberals” characterization insulting. Many of us are frustrated, certainly, but not bewildered.As someone who graduated from college, but also worked for three different unions over a 40-year career, I have had firsthand experience with the travails of working men and women. But I part company with Mr. Kristof in laying so much of the blame for President Trump’s rise on misguided, liberal “elites,” who supposedly disdain or dismiss working people.Working men and women abandoned the labor movement in large numbers over the last four decades in part because their U.S.-based unions were ill equipped to deal with cheap, foreign competition that eliminated so many of their jobs.That competition was fostered by offshoring promoted by U.S. corporate and political elites from both sides of the aisle. But workers disarmed themselves politically and economically by too often blaming and abandoning unions in the face of that competition, instead of using the leverage that organizing provides to elect and influence more local, state and congressional allies.Elections have consequences, and until working people vote in their own interests again, aspiring despots like President Trump and Vice President JD Vance will win elections and workers will lose them.Doug AllenTruckee, Calif.To the Editor:I would add to Nicholas Kristof’s “Bewildered Liberals Book Club” list the sociologist Arlie Hochschild’s two excellent books about why low-income white people feel shamed and abused by liberals: “Strangers in Their Own Land: Anger and Mourning on the American Right” (2016), based in rural Louisiana, and “Stolen Pride: Loss, Shame and the Rise of the Right” (2024), focused on Pikeville, Ky.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Musk’s Tweet-Fueled Bubble May Be About to Burst

    Elon Musk’s business empire may be starting to wobble.Over the past six weeks, the value of Tesla’s shares has plunged about 40 percent, wiping out virtually all they had gained after the 2024 election. This reversal reveals Mr. Musk’s soft underbelly: His fortune depends heavily on the inflated expectations of his rabid following. As those expectations deflate so will his power, demonstrating that financial markets are an underappreciated guardrail against both Mr. Musk’s and President Trump’s agendas.It is tempting to compare Mr. Musk to the true business titans of the past quarter century such as Apple’s Steve Jobs, Microsoft’s Bill Gates, Amazon’s Jeff Bezos, Meta’s Mark Zuckerberg, Nvidia’s Jensen Huang, and Google’s Larry Page and Sergey Brin. But those individuals created genuinely huge businesses that eclipse anything Mr. Musk has built by any possible metric. While Mr. Musk has built a car company from the ground up — no easy feat — his wealth is largely thanks to a financial cult, one in which legions of dazzled investor-followers have enabled him to launch an ever-growing list of disparate initiatives and provided immunity from critics who question his operational decision-making, his corporate governance, his obscene pay packages, and now his migration into the political sphere.The high-wire act goes something like this: Dream up a business so ambitious that any setback is trivial and every accomplishment heroic. Identify yourself as the manic genius behind this ambitious business in order to personally capitalize on outsize returns from excited investors. Enlist social media to cement your iconic status, keeping your believers so enthusiastic that their fervor beats back any skeptics who dare to bet against your ventures, even as you pitch more and more fantastical ideas. At this point you hit the flywheel: Other investors, searching for outsize returns, flock to the shares of your other companies, pushing their valuations ever higher, thus fortifying your wealth and burnishing your reputation as a business mastermind.If you’re lucky, this happens when investors are dreaming of alternatives to the poor returns available when interest rates are ridiculously low; magical thinking about the power of technology suppresses any worry about the risks of problems down the line; and retail markets are turning stock trading into something more akin to online gambling.Understanding this cult requires one to rethink what one knows about finance. Financial purists like to think of financial markets as neutral arbiters that merely record the value-creating activities of entrepreneurs. Financial pragmatists understand that prices need not always reflect value, as behavioral finance has demonstrated. But what if entrepreneurs can capitalize on these dynamics to manufacture fortunes and political power?This trick is precisely what Mr. Musk has mastered. His messianic status, which was birthed in the explosion of social media, created a powerful cycle of outsize returns on ventures that lead to investors providing him with more and cheaper capital to diversify his empire that, in turn, attracts yet more investors fearful of missing out. Skyrocketing Tesla shares have made fans and investors so devoted that all he has to do is mention a new ambition to goad them into buying even more. And the larger the stated ambition, the more wealth and power they hand him. So why not try for Mars? The final step in this process is to consolidate power in the political sphere to ensure that the outsize ambitions can be nourished forever. If Mr. Musk had played it well, his empire may have been impregnable.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Rage Against Elon Musk Turns Tesla Into a Target

    Tesla charging stations were set ablaze near Boston on Monday. Shots were fired at a Tesla dealership in Oregon after midnight on Thursday. Arrests were made at a nonviolent protest at a Tesla dealership in Lower Manhattan on Saturday.The electric car company Tesla increasingly found itself in police blotters across the country this week, more than seven weeks after President Trump’s second inauguration swept Tesla’s chief executive, Elon Musk, into the administration as a senior adviser to the president.Mr. Musk, 53, is drawing increasing backlash for his sweeping cuts to federal agencies, a result of the newly formed cost-cutting initiative Mr. Musk has labeled the Department of Government Efficiency.During a demonstration on Saturday at a gleaming Tesla showroom in the West Village neighborhood of Manhattan, protesters joined in chants of “Nobody voted for Elon Musk” and “Oligarchs out, democracy in.” One held a sign saying, “Send Musk to Mars Now!!” (Mr. Musk also owns SpaceX.)Shots were fired at the Tesla dealership in Tigard, Ore., this week.Tigard Police DepartmentSeveral hundred protesters remained there for two hours, organizers said, blocking entrances and shutting down the dealership.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Trump Pulled $400 million From Columbia. Other Schools Could Be Next.

    The administration has circulated a list that includes nine other campuses, accusing them of failure to address antisemitism.The Trump Administration’s abrupt withdrawal of $400 million in federal funding from Columbia University cast a pall over at least nine other campuses worried they could be next.The schools, a mix that includes both public universities and Ivy League institutions, have been placed on an official administration list of schools the Department of Justice said may have failed to protect Jewish students and faculty.Faculty leaders at many of the schools have pushed back strongly against claims that their campuses are hotbeds of antisemitism, noting that while some Jewish students complained that they felt unsafe, the vast majority of protesters were peaceful and many of the protest participants were themselves Jewish. The Trump administration has made targeting higher education a priority. This week, the president threatened in a social media post to punish any school that permits “illegal” protests. On Jan. 30, his 10th day in office, he signed an executive order on combating antisemitism, focusing on what he called anti-Jewish racism at “leftists” universities. Then, on Feb. 3, he announced the creation of a multiagency task force to carry out the mandate.The task force appeared to move into action quickly after a pro-Palestinian sit-in and protest at Barnard College, a partner school to Columbia, led to arrests on Feb. 26. Two days later, the administration released its list of 10 schools under scrutiny, including Columbia, the site of large pro-Palestinian encampments last year.It said it would be paying the schools a visit, part of a review process to consider “whether remedial action is warranted.” Then on Friday, it announced it would be canceling millions in grants and contracts with Columbia.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Iran’s Supreme Leader Rebuffs Trump’s Outreach Over Its Nuclear Program

    Iran’s supreme leader decried “bullying governments” and bristled on Saturday at the idea of negotiating over the country’s nuclear program with the United States in an apparent response to a letter sent by President Trump earlier in the week.Ayatollah Ali Khamenei, the leader, indirectly addressed Mr. Trump’s suggestion that Iran negotiate over its rapidly advancing nuclear program or face potential military action, while speaking at a meeting with government and military officials for Ramadan. Though he did not explicitly mention the letter, Mr. Trump or even the United States by name, it was clear he was speaking about Washington’s recent gesture.“Some bullying governments insist on negotiations not to resolve issues but to impose,” Mr. Khamenei said, according to state media. He added that “negotiation is a path for them to make new demands, it’s not just nuclear issues to speak about the nuclear topic, they are making new demands which will definitely not be accepted by Iran.”Speaking on Friday in the Oval Office, Mr. Trump suggested that Iran’s nuclear capabilities — which now include enough near-bomb-grade fuel to produce about six weapons — were reaching a critical point. He said he had offered the country a chance to negotiate or risk losing its program in a military strike.The White House did not provide any specifics about the content of Mr. Trump’s letter, which the president said he sent on Wednesday.Iranian officials are currently at odds over whether the country should negotiate over the program. While the ayatollah denounced Mr. Trump’s offer, other moderate and reformist leaders have spoken in favor of opening negotiations, including President Masoud Pezeshkian, who took office last year. Ultimately however, Mr. Khamenei, who has long said Iran cannot trust the United States, has the final say.The 2015 nuclear accord negotiated by President Barack Obama had been effective, officials say. Iran had shipped nearly all its nuclear fuel stockpile out of the country, and international inspectors said the Iranians were abiding by the sharp restrictions on new production of nuclear fuel.But Mr. Trump, who had repeatedly criticized the accord, withdrew from the nuclear agreement with Iran during his first term and reimposed heavy economic sanctions on the country, gambling that Tehran would respond by pleading for a new deal more advantageous to the United States.Iran did not come back to the table, and now the program has reached a critical juncture, experts say.Mr. Trump has also potentially undermined his proposal by upending two U.S. programs that for decades have worked to expose Iran’s atomic bomb programs. One program has since been restored, but experts worry the disruptions will hurt the worldwide struggle to contain nuclear proliferation.Farnaz Fassihi More

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    House Republicans Unveil Spending Bill to Avert Government Shutdown

    House Republicans on Saturday unveiled a measure to fund the government through Sept. 30, boosting spending on the military and daring Democrats to oppose it and risk being blamed for a government shutdown that would begin after midnight Friday.The 99-page legislation would slightly decrease spending overall from last year’s funding levels, but would increase spending for the military by $6 billion, in a nod to the concerns of G.O.P. defense hawks that stopgap measures would hamstring the Pentagon. It would not include any funds for any earmarks for projects in lawmakers’ districts or states, saving roughly $13 billion, according to congressional aides.The bill provides a slight funding boost for Immigration and Customs Enforcement — an additional $485 million — but gives the administration more flexibility on how the agency can spend it. It also increases funding for the federal program that provides free groceries to millions of low-income women and children, known as W.I.C., by about $500 million.Speaker Mike Johnson in the Capitol this week. If Democrats are unanimously opposed to the Republicans’ spending bill, Mr. Johnson will have just a vote or two to spare to get the bill through the House next week.Kenny Holston/The New York TimesIt was unclear whether the legislation could pass the Republican-controlled Congress. Speaker Mike Johnson will need to navigate the bill through his extremely narrow House majority as early as Tuesday and has just a vote or two to spare if Democrats are unanimously opposed. The pressure would shift quickly to the Senate if House Republicans can pass the legislation, raising the question of whether Democrats would mount a filibuster against the bill and trigger a shutdown.While conservative House Republicans have in the past dug in and opposed such spending bills, forcing Mr. Johnson to rely on Democrats to keep the government open, President Trump called on Republicans to unite and push this measure through so he and Republicans on Capitol Hill could focus on their new budgetary and tax-cutting plans.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    My Father Spoke to Me Only Once About Why He Led This Nation

    My father spoke only once to me about why he wanted to be president of the United States. It was the night of his inauguration in 1981. I had been assigned to one of the inaugural balls and was supposed to wait there for my parents to arrive. After sitting onstage, on a metal folding chair with a crowd of people staring up at me for what felt like an hour, I broke the rules and left. Lying awake in the Lincoln Bedroom, I hoped Lincoln’s ghost would visit me as he has been said to have visited others in the White House living quarters. I had some serious questions for him.Late that night, my father came in to see me. Sitting down on the bed, he commented on my early departure that evening and I apologized, although I think both of us knew I wasn’t really sorry. Then he said that he knew his election was hard on everyone and would change everyone’s life. But, he said: “I really believe I can make this world a safer, more peaceful place. That’s why I ran for president.” When he left and the stillness of Lincoln’s bedroom folded around me, with all of its history and stories, I was struck by the fact that he spoke about the world, not just America.I’ve thought about that night a lot lately, as America becomes more isolated, as we back away from allies and tensions grow. I’ve thought also about the lessons my father imparted to me as a child. He taught me at an early age about the Holocaust and that no country is immune to horrors like that. He told me that America’s democracy, while strong, is also fragile, and to remain strong, we had to recognize that. He believed our democracy was a “grand experiment,” and as such it should be treated carefully. Those conversations also trail behind me these days, making me wish my father’s ghost would visit just as I’d wished Lincoln’s ghost would appear to me in the White House.So often these days, people will tell me that even though they didn’t support my father when he was in office, now they miss him. Me too, I always tell them. It’s no secret that I publicly opposed some of his policies, nor that I have expressed regrets about some of the ways I did so. I also apologized to my father in quiet moments later in his life. But even in my public disagreements with his policies, I never doubted his motivations. I knew he wanted America to be a strong partner in the world, bonding with other countries to defeat tyranny and aggression.He nurtured the alliances that are important in this unpredictable world. Queen Elizabeth II and my father went horseback riding in Windsor in 1982 and the following year she and Prince Philip visited my parents’ ranch in Santa Barbara. Prime Minister Brian Mulroney of Canada became a friend as well as an ally. My father and Mikhail Gorbachev stepped onto history’s stage and made the world safer, at least for a while. When my father died, Mr. Gorbachev, Mr. Mulroney and then-Prince Charles came to his service. Margaret Thatcher, whom he had become good friends with, sent a filmed tribute because she was too ill to travel. Mr. Mulroney, in his eulogy, quoted William Butler Yeats: “Think where man’s glory most begins and ends, and say my glory was I had such friends.”After President Trump’s speech to Congress and the nation on Tuesday night, Senator Elissa Slotkin gave the Democratic response, in which she mentioned Mr. Trump’s use of my father’s phrase “peace through strength.” She said that Ronald Reagan is probably rolling in his grave. My wish is that he would whisper from the grave and remind those in power that America is supposed to be a beacon to guide others, to shine brightly for them, a country that reaches beyond its own borders to help those in need and make this world a little safer, a little stronger. He really did see us as a shining city on the hill — a place that other countries looked to and trusted. A place that shared its light and its strengths, and in doing so, became stronger.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More