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President Donald Trump unveiled new plans Tuesday to swap out the retiring A-10 Warthog aircraft based out of Selfridge Air National Guard Base in Michigan with 21 brand-new F-15EX Eagle II fighter jets. 

Trump shared details of the new fighter jet mission during a speech to National Guardsmen at the Michigan base for an event commemorating his 100th day in office. 

Selfridge will become the fourth military installation to operate the fighter jet, which only entered operational service in July 2024. 

‘Fresh off the line. That means they are brand new,’ Trump said. ‘They’ve never been anywhere. This is where they’re going to be for a long time. And I saw one of them, flew over my head, and I said, ‘What the hell is that?’ That plane has serious power. So this is the best there is anywhere in the world, the F-15EX Eagle II. This will keep Selfridge at the cutting edge of Northern American air power.’

The next-generation fighter jet is currently only operating at three other bases, all National Guard: Portland Air National Guard Base in Oregon; Fresno Air National Guard Base in California; and New Orleans Air National Guard Base in Louisiana. 

The fighter jet is an updated version of the F-15C Eagle aircraft that the Air Force introduced in 1989, and features bolstered fuel efficiency, radar and avionics, according to the Air National Guard. The jet is designed to work alongside other Air Force aircraft, including the F-22 Raptor and F-35 Lightning II fighter jets. 

‘America’s military will soon be stronger and more powerful than ever before, and Selfridge Air National Guard Base will remain at the center of the action,’ Trump said. 

Trump’s announcement comes amid lengthy debate between Congress and the executive branch about how to phase out the A-10. While Congress put a stop to former President Barack Obama’s administration’s attempts to retire the aircraft, Trump’s first administration called to keep the aircraft in service. 

Meanwhile, former President Joe Biden’s administration moved to start retiring the aircraft more aggressively in 2023. 

The Air Force introduced the A-10 in 1977, and the aircraft experienced combat for the first time during the Gulf War. 

In March, Trump shared that Boeing would build the Air Force’s next-generation fighter jet, known as the F-47. An experimental version had been covertly flying for years, he said. 

The Next Generation Air Defense initiative that the Biden administration put on the back burner will oversee the effort. However, the Trump administration revived the program. 

‘I’m thrilled to announce that at my direction the United States Air Force is moving forward with the world’s first sixth-generation fighter jet,’ Trump said in March. ‘Nothing in the world comes even close to it, and it’ll be called the ‘F-47,’ the generals picked that title.’ 

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A prominent NBA team owner was among three of President Donald Trump’s diplomatic nominees confirmed by the Senate on Tuesday evening.

Tilman Fertitta, owner of the Houston Rockets and CEO of Landry’s Restaurants group was confirmed as the upper chamber to be Trump’s ambassador to Italy and San Marino by a margin of 83-14.

Investors Tom Barrack and Warren Stephens were also up for ambassadorship posts to Turkey, and the United Kingdom and Northern Ireland respectively.

Barrack’s nomination passedby 60-36 Stephens was confirmed 59-39.

Fertitta is a GOP donor and has spoken fondly of Trump’s business sense.

During Trump’s first term, Fertitta told CNBC the president was doing ‘a fantastic job for the economy.’

‘Businesses are booming, unemployment is low. He understands what drives this country,’ Fertitta said in 2018.

Fertitta’s praise of Trump often steers more toward business-focused than overtly-political, as in the CNBC interview.

Trump’s choice of Barrack played into two different aspects of the investor’s history.

Before he was a friend of the future president’s, Barrack served as an undersecretary in the Reagan Interior Department, focusing on energy policy including Middle East oil.

Barrack, who is fluent in Arabic, would therefore fit well with a Turkish ambassadorship.

Later in that decade, Barrack helped Trump secure financing for his short-lived ownership of the Plaza Hotel – during which time the future president famously told a lost Kevin McCallister its lobby was ‘Down the hall, and to the left’ in 1992’s Home Alone 2: Lost in New York.

The two real estate moguls remained friends in the years after Trump ultimately gave up the Midtown landmark.

Barrack was a strong supporter of Trump’s first presidential campaign and raised millions for his first inauguration’s events.

Stephens’ family bank has a footprint in London, and he is a noted fan of the Tottenham Hotspurs Premier League soccer team, which draw parallels to his ambassadorship nomination.

The billionaire will be the eyes and ears for Trump in London, where the president has a cordial relationship, albeit one wherein lies a politically contrasting view of global politics, with Prime Minister Keir Starmer of the Labour Party.

Stephens has a history of donations to Republican causes and many Arkansas candidates, per OpenSecrets.

Recipients have included former Sens. Mark Pryor, D-Ark., Mitt Romney, R-Utah, Bob Dole, R-Kan., ex-Arkansas Govs. Asa Hutchinson and Mike Huckabee, and media executive Steve Forbes’ presidential run in 1995.

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The Department of Agriculture (USDA) terminad $2.5 billion in ‘wasteful’ grants that went toward gender-based causes, the Department of Government Efficiency (DOGE) said Tuesday. 

The USDA got rid of 420 grants for a savings of $2.3 billion, according to DOGE. 

Among the programs the money was used for, $361,000 went toward ‘gender non-conforming, non-binary, two-spirit’ BIPOC (Black, Indigenous, and people of color) farmers in New York.

Another $150,000 was used for ‘gender-lensed curricula designed to be transdisciplinary in the food, agriculture, natural resources and human sciences.’

Even Ghana benefited, with $100,000 earmarked for ‘climate resilience and sustainable agriculture’ in the African nation. 

In addition, federal agencies eliminated 179 contracts with a ceiling value of $1.87 billion and savings of $280 million. 

The federal government spent $207,000 on a U.S. Department of Health and Human Services consulting contract for a ‘grant writing workshop’ and an $89,000 Treasury Department contract for a ‘country program manager in Namibia.’

Another $1.8 million Trade & Development contract was spent on ‘energy and climate advisory services.’

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The U.S. Treasury Department and the Department of Government Efficiency (DOGE) discovered that hundreds of millions of dollars in improper payment requests were identified after going live with its first automated payment system last week.

In fact, the system found $334 million in improper payment requests that were flagged because of missing budget codes, invalid budget codes and budget codes without authorization.

DOGE, which is led by billionaire Elon Musk, announced the discovery in a post on X.

In the post, DOGE said an example of an invalid budget code was if the payment was not linked to the budget. It also provided an example of a budget code without authorization, saying the budget had already been fully spent.

The news comes months after DOGE learned about an identification code linking U.S. Treasury payments to a budget line item that accounted for nearly $4.7 trillion in payments, which was oftentimes left blank.

‘The Treasury Access Symbol (TAS) is an identification code linking a Treasury payment to a budget line item (standard financial process),’ DOGE wrote in a post on X in February. ‘In the Federal Government, the TAS field was optional for ~$4.7 Trillion in payments and was often left blank, making traceability almost impossible. As of Saturday, this is now a required field, increasing insight into where money is actually going.’

DOGE thanked the U.S. Treasury for its work in identifying the optional field.

According to the Bureau of the Fiscal Service, which is under the Treasury, TAS codes are used to describe any one of the account identification codes assigned by the Treasury and are also referred to as the ‘account.’

All financial transactions made by the federal government are classified by TAS when reporting to the Treasury and the Office of Management and Budget.

DOGE’s announcement on Tuesday comes as it continues to find savings and fraud across all aspects of the government.

On the department’s site, it says $160 billion in savings have been discovered, equating to $993.70 in savings per taxpayer.

DOGE has been aggressive in its mission to root out wasteful spending and to downsize the scope of the federal government. 

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Elon Musk, the world’s richest man, is starting to transition from his role with the Department of Government Efficiency (DOGE) and is no longer working regularly from the White House, according to a report from the New York Post.

His impending exit is no surprise, as the White House confirmed earlier this month that the plan was always for Musk to refocus on Tesla once he completed ‘his incredible work at DOGE.’

The Tesla CEO was appointed as an unpaid special government employee under DOGE and remains involved in the agency remotely.

Fox News’ Bret Baier previously asked the DOGE leader during an interview with him and members of his team if he would be working past the 130 days typically expected of special government employees.

To which Musk responded, ‘I think we will have accomplished most of the work required to reduce the deficit by a trillion dollars within that timeframe.’ 

Musk has also reportedly told his investors that he would be ‘allocating far more of my time to Tesla’ in the coming months during a Tesla earnings call.

Although the exact amount of money DOGE has recovered is unknown, Musk has said that he believes enough work has been done to reduce the deficit by a trillion dollars.

White House Chief of Staff Susie Wiles told The NYP that Musk working remotely ‘really doesn’t matter much’ when it comes to accomplishing goals.

‘Instead of meeting with him in person, I’m talking to him on the phone, but it’s the same net effect. He hasn’t been here physically, but it really doesn’t matter much,’ Wiles said.

Wiles also said Musk’s team is still working from the Eisenhower Executive Office Building next to the West Wing.

‘He’s not out of it altogether… He’ll be stepping back a little, but he’s certainly not abandoning it,’ she told the outlet.

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“60 Minutes” correspondent Scott Pelley paid tribute Sunday to Bill Owens, the show’s executive producer who resigned last week, saying on the air that “none of us is happy” about the extra supervision that corporate leaders are imposing.

Pelley made his comments at the end of the evening’s CBS News telecast, saying that in quitting, Owens proved he was the right person for the job.

“It was hard on him and it was hard on us,” Pelley said. “But he did it for us — and you.”

His on-air statement was an unusual peek behind the scenes at the sort of inner turmoil that viewers seldom get the opportunity to see.

Owens, only the third top executive in the 57-year history of television’s most influential newscast, resigned last week, saying he no longer felt he had the independence to run the program as he had in the past, and felt necessary.

CBS News’ parent company, Paramount Global, is in the midst of a merger with Skydance Media that needs the approval of the Trump administration. Trump has sued “60 Minutes” for $20 billion, saying it unfairly edited a Kamala Harris interview last fall to her advantage. Owens and others at “60 Minutes” believe they did nothing wrong and have opposed a settlement.

As a result, Pelley explained to viewers on Sunday, Paramount has begun to supervise “60 Minutes” stories in new ways. Former CBS News President Susan Zirinsky, a longtime news producer, has reportedly been asked to look at the show’s stories before they air.

“None of our stories has been blocked,” Pelley said. “But Bill felt he lost the independence that honest journalism requires. No one here is happy about it. But in resigning, Bill proved he was the right person to lead ‘60 Minutes’ all along.”

Despite this, “60 Minutes” has done tough stories about the Trump administration almost every week since the inauguration in January, many of them reported by Pelley. On Sunday, “60 Minutes” correspondent Sharyn Alfonsi had the latest, interviewing scientists about cutbacks at the National Institutes for Health.

Trump was particularly angered by the show’s telecast two weeks ago, saying on social media that CBS News should “pay a big price” for going after him.

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International Business Machines Corporation on Monday announced it will invest $150 billion in the U.S. over the next five years, including more than $30 billion to advance American manufacturing of its mainframe and quantum computers.

“We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world’s most advanced computing and AI capabilities,” IBM CEO Arvind Krishna said in a release.   

The company’s announcement comes weeks after President Donald Trump unveiled a far-reaching and aggressive “reciprocal” tariff policy to boost manufacturing in the U.S. As of late April, Trump has exempted chips, as well as smartphones, computers, and other tech devices and components, from the tariffs.

IBM said its investment will help accelerate America’s role as a global leader in computing and fuel the economy. The company said it operates the “world’s largest fleet of quantum computer systems,” and will continue to build and assemble them in the U.S., according to the release.

IBM competitor Nvidia, the chipmaker that has been the primary benefactor of the artificial intelligence boom, announced a similar push earlier this month to produce its NVIDIA AI supercomputers entirely in the U.S. 

Nvidia plans to produce up to $500 billion of AI infrastructure in the U.S. via its manufacturing partnerships over the next four years.

Last week, IBM reported better-than-expected first-quarter results. The company said it generated $14.54 billion in revenue for the period, above the $14.4 billion expected by analysts. IBM’s net income narrowed to $1.06 billion, or $1.12 per share, from $1.61 billion, or $1.72 per share, in the same quarter a year ago.

IBM’s infrastructure division, which includes mainframe computers, posted $2.89 billion in revenue for the quarter, beating expectations of $2.76 billion.

The company announced a new z17 AI mainframe earlier this month.

CNBC’s Jordan Novet contributed to this report.

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Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing in U.S. manufacturing and research and development. 

Bourla’s remarks on the company’s first-quarter earnings call came in response to a question about what Pfizer wants to see from tariff negotiations that would push the company to increase investments in the U.S. It comes as drugmakers brace for Trump’s levies on pharmaceuticals imported into the country — his administration’s bid to boost domestic manufacturing.

“If I know that there will not be tariffs … then there are tremendous investments that can happen in this country, both in R&D and manufacturing,” Bourla said on the call, adding that the company is also hoping for “certainty.”

“In periods of uncertainty, everybody is controlling their cost as we are doing, and then is very frugal with their investment, as we are doing, so that we are prepared for remit. So that’s what I want to see,” Bourla said.

Bourla noted the tax environment, which had previously pushed manufacturing abroad, has “significantly changed now” with the establishment of a global minimum tax of around 15%. He said that shift hasn’t necessarily made the U.S. more attractive, saying “it’s not as good” to invest here without additional incentives or clarity around tariffs.

“Now [Trump] I’m sure — and I know because I talked to him — that he would like to see even a reduction in the current tax regime particularly for locally produced goods,” Bourla said, adding a further decrease would be would be a strong incentive for manufacturing in the U.S.

Unlike other companies grappling with evolving trade policy, Pfizer did not revise its full-year outlook on Tuesday. However, the company noted in its earnings release that the guidance “does not currently include any potential impact related to future tariffs and trade policy changes, which we are unable to predict at this time.”

But on the earnings call on Tuesday, Pfizer executives said the guidance does reflect $150 million in costs from Trump’s existing tariffs.

“Included in our guidance that we didn’t really speak about is there are some tariffs in place today,” Pfizer CFO Dave Denton said on the call.

“We are contemplating that within our guidance range and we continue to again trend to the top end of our guidance range even with those costs to be incurred this year,” he said.

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JetBlue Airways is getting ready to announce a partnership with another U.S. airline with a larger network in the coming weeks, the carrier’s president said Tuesday. One possibility: United Airlines.

JetBlue’s leaders have repeatedly said they need a partnership to better compete against larger airlines like Delta Air Lines and United.

JetBlue’s planned acquisition of Spirit Airlines was blocked by the Justice Department last year, while its partnership in the Northeast with American Airlines unraveled after the carriers lost an antitrust lawsuit in 2023.

The New York airline has been in talks with several carriers this year about a partnership. JetBlue’s president, Marty St. George, said on an earnings call on Tuesday that the company expects to make an announcement this quarter. He emphasized that the partner’s bigger network would allow customers to earn and burn loyalty points on JetBlue.

“If you are a customer in the Northeast and you love JetBlue for leisure, but twice a year you have to go to Omaha or Boise, these are places that you can’t earn TrueBlue points on now and when this partnership goes forward, you will be able to,” St. George said.

United Airlines could possibly get a foothold (again) into JetBlue’s home hub of John F. Kennedy International Airport in New York through the partnership. “We don’t engage in industry speculation,” a United Airlines spokeswoman said.

An Alaska Airlines spokeswoman said the carrier doesn’t have plans to partner with JetBlue and is focused on its recent merger with Hawaiian Airlines.

Southwest Airlines declined to comment. A Delta Air Lines spokesman said there was no pending announcement from the carrier about a partnership with another airline.

JetBlue declined to comment further.

American had been in talks to revive a different version of its partnership with JetBlue, but those failed and American said Monday that it sued JetBlue.

“Ultimately, we were unable to agree on a construct that preserved the benefits of the partnership we envisioned, made sense operationally or financially,” American Airlines Vice Chair Steve Johnson said in a letter to employees on Monday.

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Iranian authorities have not said what caused the massive explosion at the port of Bandar Abbas on Saturday, killing at least 28 people, but video footage and unconfirmed reports point to the possible presence of a chemical used to make missile propellant.

Eyewitness accounts and video indicate chemicals in an area of shipping containers caught fire, setting off a much larger explosion. The death toll spiked sharply following the incident, with 800 others also reported injured.

One surveillance video distributed by the Fars news agency shows a small fire beginning among containers, with a number of workers moving away from the scene, before a huge explosion ends the video feed.

The state-run Islamic Republic News Agency quoted an official as saying the explosion was likely set off by containers of chemicals, but did not identify the chemicals. The agency said late Saturday that the Customs Administration of Iran blamed a “stockpile of hazardous goods and chemical materials stored in the port area” for the blast.

Iran’s national oil company said the explosion at the port was “not related to refineries, fuel tanks, or oil pipelines” in the area.

Iranian officials have denied that any military materiel was held at the port. The spokesman for the national security and foreign policy committee of the Iranian parliament, Ebrahim Rezaei, said in a post on X Sunday that according to initial reports the explosion had “nothing to do with Iran’s defense sector.”

Iranian President Masoud Pezeshkian arrived in Bandar Abbas on Sunday afternoon to investigate the situation and oversee relief efforts, according to state media. The president also met with those injured in yesterday’s blast.

The blast comes at a time of high tensions in the Middle East and ongoing talks between Iran and the United States over Tehran’s nuclear programme, but no senior figure in Iran has suggested the blast was an attack.

Fires at the port were still burning Sunday, although Iranian state media said they were 80% contained.

The New York Times reported Sunday that a person “with ties to Iran’s Islamic Revolutionary Guard Corps said that what exploded was sodium perchlorate, a major ingredient in solid fuel for missiles. The person spoke on condition of anonymity to discuss security matters.”

Sodium perchlorate could allow for the production of sufficient propellant for some 260 solid rocket motors for Iran’s Kheibar Shekan missiles or 200 of the Haj Qasem ballistic missiles, according to the intelligence sources.

This post appeared first on cnn.com