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NEWS - FRIDAY, JUNE 26, 2026 - NEWS
A massive fire in Allentown, Pennsylvania, forced nearby residents to evacuate their homes Wednesday night. CBS
President Trump met with Republican senators soon after canceling plans to sign bipartisan housing affordability legislation at the Capitol. CBS
VOA VIEW: Cassidy is a fool.
President Trump threw Capitol Hill into turmoil on Wednesday, abruptly canceling plans to sign a bill aimed at lowering housing costs. His closed-door luncheon with Republican senators turned into a shouting match over the war in Iran. The president wants senators to pass a different bill that would change voting rules. CBS
VOA VIEW: This doesn't sound good.
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The U.S. Court of Appeals for the 6th Circuit is the first appeals court to weigh in on the Trump administration's attempts to obtain sensitive voter information from 30 states and D.C. CBS
Chemical maker Chemours allegedly discharged chemicals linked to cancer and other health conditions in three states. CBS
The boy was on a tour of the Bahamas' Exuma Cays with his family when the attack occurred, the Royal Bahamas Police Force said. CBS
The swift U.S. offer of assistance reflects a degree of diplomatic realignment between the Trump administration and the Venezuelan interim government. CNBC
The stern warning underscores Tehran's resolve to retain control over the Strait of Hormuz and to resist transits that bypass its authorization. CNBC
VOA VIEW: Iran is looking for trouble.
Gold is down almost 8% so far this year, while silver has shed more than 20%. CNBC
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The Fed's annual exercise comes at a pivotal moment for bank regulation because, unlike previous years, the results will not affect capital requirements. CNBC
The White House is pressing major defense firms to expand missile and munitions output as Iran talks and weapons stockpile concerns put new pressure on the Pentagon’s industrial base. CNBC
Michigan lawmakers investigate a childcare provider that allegedly received over $1.1 million in taxpayer reimbursements despite no signs of operation. FOX News
U.S. Park Police are asking for help identifying a woman captured on camera in connection to the alleged damage at the Reflecting Pool near the Lincoln Memorial. FOX News
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An Air Canada flight diverted to Boston's Logan Airport after the captain suffered a midair medical emergency, according to airline officials. FOX News
California sues the Trump administration after the EPA moved to subject the state's vehicle emissions waivers to congressional review under the CRA. FOX News
Passengers were stuck hanging out in the air on the SkyScreamer ride at Six Flags Over Georgia after what the park called a "technical delay" FOX News
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Global prices fell to near their pre-Iran war level after the United States unblocked international Iranian oil sales and ships transit Hormuz Strait. UPI
Kansas joins the Trump administration in asking a court to end a policy that affords certain undocumented immigrants in-state tuition benefits. UPI
The Justice Department announced charges Wednesday for 12 people it said used drones in a conspiracy to smuggle drugs and other items into prisons. UPI
VOA VIEW: It should be stopped.
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COMMENTARY OF THE DAY
By
Robert Namer
Voice Of America
©2018 All rights reserved
The Supreme Court rejected appeals from pharmaceutical companies that object to negotiating Medicare drug prices with the federal government. As they should.
The justices did not comment in leaving in place rulings from the federal appeals court in Philadelphia that dismissed the drug manufacturers’ claims. The negotiation program was created as part of the 2022 Inflation Reduction Act, which capped years of debate over whether the federal government should be allowed to haggle directly with pharmaceutical companies over the prices of drugs in Medicare. The law required the government to negotiate prices for certain high-cost drugs in the federal insurance program for older adults on an annual basis, with the first deals going into effect in 2026.
Not a single Republican voted for the legislation, which was signed by Democratic President Joe Biden. Republicans have been harshly critical of aspects of the law, and Republican President Donald Trump has rolled back programs favoring alternative energy sources. But the administration has embraced the authority to bring drugmakers to the negotiating table.
So far, the government has negotiated prices for 25 prescription drugs covered by Medicare, including the massively popular GLP-1 weight-loss and diabetes drugs, Ozempic, Rybelsus and Wegovy. In January, the Trump administration announced drugs targeted for a third round of the program, which would bring the total number of drugs with lower prices for Medicare enrollees to 40.