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President Donald Trump’s approach with Russian President Vladimir Putin pivoted drastically this month when, for the first time since returning to the White House, he not only confirmed his support for Ukraine in a NATO arms agreement but issued an ultimatum to the Kremlin chief.

The warning came in a clear message: Enter into a peace deal with Ukraine or face stiff international sanctions on its top commodity, oil sales.

While the move has been championed by some, it has been questioned by others who debate whether it will be enough to deter Putin’s war ambitions in Ukraine. One security expert is arguing the plan will work, but it might take years to be effective.

‘I think it will be effective, and he’s going to stick to that strategy. He’s going to continue to push Putin to return to the bargaining table and negotiate in good faith, not come to the bargaining table, make promises that the Russians don’t plan on keeping,’ Fred Fleitz, who served as a deputy assistant to Trump and chief of staff of the National Security Council during the president’s first term, told Fox News Digital.

‘That’s something Trump’s not going to tolerate,’ Fleitz added. ‘We will see this is just the first six months of the Trump presidency. This may take a couple of years to solve.’

But Trump campaigned on ending the wars in Ukraine and Gaza, which has proven to be more complicated than he suggested from the campaign trail. And not everyone in the Republican Party has backed his approach when it comes to Europe, including a staunch Trump supporter, Rep. Marjorie Taylor Greene.

‘We do not want to give or sell weapons to Ukraine or be involved in any foreign wars or continue the never-ending flow of foreign aid,’ Greene said on X. ‘We want to solve our own problems plaguing our own people.’ 

Fleitz pointed to Trump’s decision to directly strike Iran and argued it reflected Trump’s ability to be nimble as a leader. 

‘He looked at the intelligence and realized it was getting too close, and he decided to adjust his policy, which was first diplomacy,’ Fleitz said.

‘But Trump also specified something very important. He said to his supporters, ‘I came up with a concept of the America-first approach to U.S. national security, and I decide what’s in it,’ Fleitz added. ‘He has ownership of this approach, and he will adjust if necessary.’

Though Trump had made clear from the campaign trail that he wanted to see Europe take a leading role in the war in Ukraine, last week he countered a major talking point from some within his party, including Vice President JD Vance.

Vance has argued against arming Ukraine and said in an op-ed last year, ‘[It] is not just a matter of dollars. Fundamentally, we lack the capacity to manufacture the amount of weapons Ukraine needs us to supply to win the war.’

Trump agreed to sell NATO nations top U.S. arms that will then be supplied to Ukraine.

‘We want to defend our country. But, ultimately, having a strong Europe is a very good thing,’ Trump said, sitting alongside NATO Secretary General Mark Rutte.

Security experts have largely argued that the future of Ukraine’s negotiating ability and, ultimately, the end of the war, will play out on the battlefield. 

On Thursday, John Hardie, deputy director of FDD’s Russia Program, told U.S. lawmakers on the Helsinki Commission, also known as the Commission on Security and Cooperation in Europe, in a defense briefing that Ukraine needs to be supplied with long-range strike capabilities that can hit key Russian missile and drone plants.

‘Ukraine shouldn’t be restricted merely to shooting down ‘arrows’,’ Hardie said. ‘An optimal approach will combine both offense and defense. Ukraine needs to be able to hit the ‘archer’ and the factories that make the ‘arrows.’

‘Putin will continue his unprovoked war so long as he believes it’s sustainable and offers a pathway to achieving his goals,’ Hardie argued. ‘By shoring up Ukraine’s defense of its skies and enabling Ukraine to inflict growing costs on Russia’s war machine, as well as pressuring the Russian economy and exhausting Russia’s offensive potential on the ground, we may be able to change that calculus.’

But Fleitz, who serves as vice chair of the America First Policy Institute’s Center for American Security, said he believes this war will only be brought to an end when an armistice agreement is secured. 

‘I think there’s probably going to be an armistice where both sides will agree to suspend the fighting,’ Fleitz said. ‘Someday, we will find a line where both nations will agree to stop fighting.’

Ultimately, he believes this will happen by Ukraine agreeing not to join NATO for a certain period of time, though with Moscow’s understanding that Kyiv will be heavily armed by Western allies. 

‘I think there’s a way to do this where Russia wouldn’t be concerned about growing Western European influence in Ukraine, and Ukraine would not be worried that Russia will invade once a ceasefire or armistice is declared,’ he added. ‘Maybe this is a pipe dream, but I think that’s the most realistic way to stop the fighting.

‘We know from history conflicts like this take time; peacemaking takes time,’ Fleitz said. ‘I think that over time, Trump is going to have an effect on Putin.’

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Palantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable U.S. companies.

The provider of software and data analytics technology to defense agencies saw its stock rise about 3% on Friday to another record, lifting the company’s market cap to $375 billion, which puts it ahead of Home Depot and Procter & Gamble. The company’s market value was already higher than Bank of America and Coca-Cola.

Palantir has more than doubled in value this year as investors ramp up bets on the company’s artificial intelligence business and closer ties to the U.S. government. Since its founding in 2003 by Peter Thiel, CEO Alex Karp and others, the company has steadily accrued a growing list of customers.

Revenue in Palantir’s U.S. government business increased 45% to $373 million in its most recent quarter, while total sales rose 39% to $884 million. The company next reports results on Aug. 4.

Earlier this year, Palantir soared ahead of Salesforce, IBM and Cisco into the top 10 U.S. tech companies by market cap.

Buying the stock at these levels requires investors to pay hefty multiples. Palantir currently trades for 273 times forward earnings, according to FactSet. The only other company in the top 20 with a triple-digit ratio is Tesla at 175.

With $3.1 billion in total revenue over the past year, Palantir is a fraction the size of the next smallest company by sales among the top 20 by market cap. Mastercard, which is valued at $518 billion, is closest with sales over the past four quarters of roughly $29 billion.

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President Donald Trump said Friday that former President Barack Obama ‘owes me big’ following the Supreme Court’s presidential immunity ruling. 

Trump on Tuesday claimed that Obama was the ‘ringleader’ of Russiagate, calling for him to be criminally investigated amid new claims that members of his administration allegedly ‘manufactured’ intelligence that prompted the Trump–Russia collusion narrative. Obama has denied the allegations, with a spokesperson for him describing them as ‘bizarre.’

‘It probably helps him a lot. Probably helps a lot. The immunity ruling, but it doesn’t help the people around him at all. But it probably helps him a lot,’ Trump said Friday. ‘He’s done criminal acts, there’s no question about it. But he has immunity, and it probably helps him a lot… he owes me big, Obama owes me big.’ 

The intelligence community did not have any direct information that Russian President Vladimir Putin wanted to help elect Donald Trump during the 2016 presidential election, but, at the ‘unusual’ direction of then-President Barack Obama, published ‘potentially biased’ or ‘implausible’ intelligence suggesting otherwise, the House Intelligence Committee found, according to a Fox News report earlier this week.

Director of National Intelligence Tulsi Gabbard had declassified a report prepared by the House Permanent Select Committee on Intelligence back in 2020.

The report, which was based on an investigation launched by former House Intelligence Committee Chairman Devin Nunes, R-Calif., was dated Sept. 18, 2020. At the time of the publication of the report, Rep. Adam Schiff, D-Calif., was the chairman of the committee.

The committee focused on the creation of the Intelligence Community Assessment of 2017, in which then-CIA Director John Brennan pushed for the inclusion of the now-discredited anti-Trump dossier, despite knowing it was based largely on ‘internet rumor,’ as Fox News Digital previously reported.

According to the report, the ICA was a ‘high-profile product ordered by the President, directed by senior IC agency heads, and created by just five CIA analysts, using one principal drafter.’

‘Production of the ICA was subject to unusual directives from the President and senior political appointees, and particularly DCIA,’ the report states. ‘The draft was not properly coordinated within CIA or the IC, ensuring it would be published without significant challenges to its conclusions.’

The committee found that the five CIA analysts and drafter ‘rushed’ the ICA’s production ‘in order to publish two weeks before President-elect Trump was sworn-in.’

In a statement Tuesday, Obama denied Trump’s ‘bizarre allegations’ that he was the Russiagate ‘ringleader.’

‘Out of respect for the office of the presidency, our office does not normally dignify the constant nonsense and misinformation flowing out of this White House with a response,’ Obama spokesman Patrick Rodenbush said in a statement. ‘But these claims are outrageous enough to merit one.’ 

‘These bizarre allegations are ridiculous and a weak attempt at distraction,’ Obama’s spokesman continued. ‘Nothing in the document issued last week undercuts the widely accepted conclusion that Russia worked to influence the 2016 presidential election but did not successfully manipulate any votes.’ 

Gabbard later told ‘Jesse Watters Primetime’ on Wednesday that there were ‘deep state obstacles’ to releasing her information about the Trump-Russia collusion investigation and that some people within the intelligence community (IC) didn’t want it to ‘see the light of day.’

‘There are a lot of deep state actors still here within Washington. President Trump wants us to find the truth. I want to find that truth. The American people deserve the truth, and they deserve accountability,’ she said.

Fox News’ Brooke Singman and Ashley Carnahan contributed to this report. 

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Senate Democrats have begun to ramp up their push for the full release of documents related to the late, convicted sex offender Jeffrey Epstein, while Senate Republicans have tried to focus their attention elsewhere.

‘The story Republicans hoped would quietly fade is growing louder by the hour,’ Senate Minority Leader Chuck Schumer, D-N.Y., said on the Senate floor.

Schumer has led the charge among Senate Democrats in demanding more transparency on the Epstein issue, and has used the drama in recent weeks as a political cudgel to go after congressional Republicans and the White House.

His remarks come after a recent Wall Street Journal report alleged that President Donald Trump’s name appeared in the documents surrounding Epstein, and that he was told by the Justice Department about it before publicly saying he was not among the untold number of names within the documents.

Trump also ordered Attorney General Pam Bondi to ‘produce any and all pertinent Grand Jury testimony’ on the matter, and top Justice Department official Todd Blanche met with Epstein accomplice Ghislane Maxwell in Florida on Thursday to discuss the late pedophile and alleged sex trafficker.

‘It has the stench of a cover-up,’ Sen. Richard Blumenthal, D-Conn., a member of the Senate Judiciary Committee, told Fox News Digital. ‘The only right outcome here is to release and disclose all the files. There should be no secret meetings or secret deals.’

However, the Epstein saga has not had near the effect in the Senate as in the House, where House Speaker Mike Johnson, R-La., sent lawmakers home early this week for a monthlong break after some Republicans and Democrats joined forces in their calls to bring the so-called Epstein files out in the open.

Senate Republicans, meanwhile, have downplayed the issue, arguing that Congress has far less power to obtain the information than the Justice Department does.

Sen. Ron Johnson, who chairs the Senate Permanent Subcommittee on Investigations, told Fox News Digital that he does not like ‘duplicating efforts,’ but noted that he is still curious to know more information about the Epstein documents.  

‘I’m like every American who knows anything about this – I’m curious,’ the Wisconsin Republican said. ‘It doesn’t make any sense to me, starting back with his original trial and very light sentence. But I think there are far more important things to worry about.’

Senate Democrats are trying to force the issue, however. Sen. Ruben Gallego, D-Ariz., again tried to introduce a non-binding resolution that called on Bondi to release all files related to Epstein, and the move was again blocked by Sen. Markwaye Mullin, R-Okla. 

Gallego said that the White House continues to make the issue ‘political theater,’ something that began on the campaign trail.

‘They fed this monster, and now they have to figure out the solution to what the American public is asking for, which is, you know, resolution and answers to their questions,’ he said.

Mullin, however, introduced his own resolution that comported with the president’s order for state and federal courts to release all Epstein documents surrounding the criminal investigation and prosecution against him. But when Gallego offered to combine the two, he objected, and accused him of turning the issue into a ‘political football.’

‘One, in this particular case — in a lot of cases — we’re not willing to stretch the truth to tell something that’s not accurate,’ Mullin said. ‘We want to be accurate with what we’re telling the American people. And the truth is, what can Congress do?’

So far, Mullin’s resolution is the only action offered by Senate Republicans in the ongoing Epstein saga. When asked if he would be interested in bringing the resolution to the floor for a vote, Senate Majority Leader John Thune, R-S.D., said ‘obviously there is some interest in taking action on it, and we’ll see how intense that feeling is.’

Still, some Republicans want to focus their efforts elsewhere.

‘I hope we don’t waste our time on that,’ said Sen. John Cornyn, R-TX, and a member of the Senate Judiciary Committee. ‘We’ve got enough to do.’ 

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The Pentagon has suspended participation in all think tank events until further notice, departing from a history of dialogue with Washington’s civilian national security realm.

The move is an attempt ‘to ensure the Department of Defense is not lending its name and credibility to organizations, forums and events that run counter to the values of this administration.’

‘Going forward, no DOD official will attend events by America Last organizations that promote globalism and hate (President Donald Trump),’ Pentagon press secretary Kingsley Wilson wrote on X. 

In the future, the Defense Department (DOD)’s Office of Public Affairs will conduct a ‘thorough vetting’ every time an official is invited to a conference to decide whether the event advances Trump’s agenda.

Such security events often are funded by foreign governments or defense contractors and serve as a space for such players to push a message or a product they sell to key officials and for defense officials to put out a message of their own from the U.S. government. 

The move comes after the Pentagon yanked its officials from participation in the Aspen Security Forum — a gathering of defense-minded industry leaders and researchers. 

Wilson had said the secretary’s office believed that event ‘promotes the evil of globalism, disdain for our great country, and hatred for the President of the United States.’

Several top military officials had been scheduled to speak at the event. 

Historically, defense secretaries have participated in defense conferences and think tank events like the Munich Security Conference or the Reagan Defense Forum.

Hegseth skipped out on the Munich Security Conference but attended the International Institute of Strategic Studies (IISS) Shangri-La Dialogue in Singapore in May.  

Aspen previously told Fox News Digital, ‘For more than a decade, the Aspen Security Forum has welcomed senior officials – Republican and Democrat, civilian and military – as well as senior foreign officials and experts, who bring experience and diverse perspectives on matters of national security. We will miss the participation of the Pentagon, but our invitations remain open.’

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Former House Speaker Nancy Pelosi, D-Calif., exuded confidence as she declared to Gen Z activists at the Voters of Tomorrow summit that the Democrats would take back the House in 2026.

‘We have no doubt that we will win the election with the House of Representatives,’ Pelosi said, eliciting applause from the crowd. She then responded to the cheers by once again saying ‘No doubt.’

The longtime California lawmaker also said she was confident that House Minority Leader Hakeem Jeffries, D-N.Y., would be speaker of the House after the 2026 midterms.

While Pelosi was confident about the Democrats’ chances, she also emphasized the need for preparation. The former House speaker credited early preparation for the Democrats’ victories in 2006 and 2018 to early preparation, saying that 2026 could be the same. 

‘It’s important to be strong in the year in advance, because that’s when the troops line up. We have our messaging, we have our mobilization, we need the money to do it, but they go only next to a school to hold up the most important part: the candidate,’ she said.

However, Pelosi sees another element as being key to Democrats’ victory: bringing down President Donald Trump’s approval rating. The former House speaker called Trump’s current numbers ‘terrible.’

‘By October — certainly by November, but by October, we will have — with the help of so many people working — we’ll have taken what’s his name’s numbers down,’ Pelosi said.

A recent Fox News Poll found that 46% of voters approve of Trump’s performance, while 54% disapprove. That’s exactly where things stood last month, and better than at this point 8 years ago when 41% approved.

The Voters of Tomorrow summit boasts a lineup of high-profile speakers alongside Pelosi, including former Vice President Kamala Harris, Rep. Ro Khanna, D-Calif., Rep. Jamie Raskin, D-Md., and David Hogg. Both Harris and Raskin are set to address the group virtually.

Fox News’ Dana Blanton and Victoria Balara contributed to this report.

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A House GOP lawmaker is entering the race to become South Carolina governor on Friday, his campaign confirmed to Fox News Digital.

Rep. Ralph Norman, R-S.C., a member of the conservative House Freedom Caucus, is expected to kick off his campaign with an event in Rock Hill, South Carolina, on Friday.

As of Friday morning, his non-congressional X account had been changed to say, ‘Ralph Norman for Governor.’

He’s a fiscal hawk on the House GOP’s rightmost flank, where he’s joined other like-minded colleagues in upending leaders’ legislative agenda at times in the name of pushing for more conservative policy wins.

Norman is joining a crowded Republican primary field with his new gubernatorial bid. South Carolina Attorney General Alan Wilson, Lt. Gov. Pamela Evette and state Sen. Josh Kimbrell are also in the race.

Meanwhile, Norman’s House colleague, Rep. Nancy Mace, R-S.C., is also said to be considering a campaign for governor.

‘We wish Congressman Ralph Norman the best of luck today as he announces his run for Governor,’ Mace said in a statement on X.

Norman previously ran the Warren Norman Company, a commercial real estate development business started by his father.

Before being elected to Congress via special election in 2017, Norman served in the South Carolina state House from 2009 to 2017.

A longtime ally of former South Carolina Gov. Nikki Haley, Norman was the only House Republican to formally endorse her before Haley dropped out of the race, after which Norman emphatically backed President Donald Trump.

He told Fox News Digital of his endorsement in January 2024, ‘When I supported Nikki Haley, I had the respect of Donald Trump to call him, and I told him what I was gonna do, and I decided I was going to do it.’

Norman has been a vocal supporter of Trump since Haley’s exit. He was most recently at the White House earlier this week with other House Republicans for a reception celebrating their legislative successes.

Earlier this year, he was part of a group of conservatives in the House Freedom Caucus forcing last-minute changes to the president’s ‘big, beautiful bill’ that they said fell more in line with what Trump actually wanted.

Current South Carolina Gov. Henry McMaster, also a close Trump ally, is term-limited at the end of 2026.

The president’s endorsement will likely play a decisive role in the Palmetto State’s GOP primary.

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Artist Amy Sherald canceled her upcoming exhibit featuring a portrait of a transgender Statue of Liberty at the Smithsonian’s National Portrait Gallery after Vice President JD Vance raised concerns the show included woke and divisive content, Fox News Digital has learned. 

President Donald Trump signed an executive order in March that placed Vance in charge of overseeing the removal of programs or exhibits at Smithsonian museums that ‘degrade shared American values, divide Americans based on race, or promote programs or ideologies inconsistent with Federal law and policy.’ 

Vance said Sherald’s ‘American Sublime’ exhibit violated Trump’s executive order and was an example of woke and divisive content during a meeting June 9 with the Board of Regents, a source familiar with the meeting told Fox News Digital. 

‘Vice President Vance has been leading the effort to eliminate woke indoctrination from our beloved Smithsonian museums,’ an administration official said in an email to Fox News Digital. ‘On top of shepherding the One Big Beautiful Bill through the Senate and helping President Trump navigate international crises, the vice president has demonstrated his ability to get President Trump’s priorities across the finish line.’

Sherald, best known for painting former first lady Michelle Obama’s official portrait in 2018, announced Thursday she was pulling her show, ‘American Sublime,’ from the Smithsonian’s National Portrait Gallery slated for September, The New York Times first reported. 

Sherald said she was rescinding her work from the exhibition after being told that the National Portrait Gallery had some concerns about featuring the portrait of the transgender Statue of Liberty during the show. The painting, ‘Trans Forming Liberty,’ depicts a trans woman with pink hair wearing a blue gown. 

‘These concerns led to discussions about removing the work from the exhibition,’ Sherald said in a statement, The New York Times first reported Thursday. ‘While no single person is to blame, it’s clear that institutional fear shaped by a broader climate of political hostility toward trans lives played a role. 

‘This painting exists to hold space for someone whose humanity has been politicized and disregarded. I cannot in good conscience comply with a culture of censorship, especially when it targets vulnerable communities.

‘At a time when transgender people are being legislated against, silenced and endangered across our nation, silence is not an option,’ Sherald added. ‘I stand by my work. I stand by my sitters. I stand by the truth that all people deserve to be seen — not only in life, but in art.’

The Smithsonian did not immediately respond to a request for comment regarding Vance’s involvement in the matter. 

The White House said the removal of Sherald’s exhibit is a ‘principled and necessary step’ toward cultivating unity at institutions like the Smithsonian. 

‘The ‘Trans Forming Liberty’ painting, which sought to reinterpret one of our nation’s most sacred symbols through a divisive and ideological lens, fundamentally strayed from the mission and spirit of our national museums,’ Trump special assistant Lindsey Halligan said in a statement to Fox News Digital. 

‘The Statue of Liberty is not an abstract canvas for political expression. It is a revered and solemn symbol of freedom, inspiration and national unity that defines the American spirit.’

Other members of the Smithsonian’s Board of Regents include the Chief Justice of the United States, John Roberts, along with senators John Boozman, R-Ark.; Catherine Cortez Masto, D-Nev.; and Gary Peters, D-Mich., along with several other House members. 

Fox News’ Gabriel Hays contributed to this report. 

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A federal appeals judge on Friday blocked President Donald Trump’s plan to end birthright citizenship for the children of people in the country illegally or temporarily. 

U.S. District Judge Leo Sorokin ruled that a nationwide injunction on the Trump administration’s effort to end birthright citizenship that he issued earlier this year and that was granted to more than a dozen states can stand. 

Sorokin said the ruling was an exception to a recent U.S. Supreme Court ruling that limited lower courts’ ability to issue nationwide injunctions. The issue is expected to return to the Supreme Court.  

Trump and the administration ‘are entitled to pursue their interpretation of the Fourteenth Amendment, and no doubt the Supreme Court will ultimately settle the question,’ Sorokin wrote in his ruling. ‘But in the meantime, for purposes of this lawsuit at this juncture, the Executive Order is unconstitutional.’

The Trump administration has argued that children born in the U.S. to parents in the country illegally and temporarily are not ‘subject to the jurisdiction’ of the United States and therefore not entitled to citizenship. 

Trump signed the birthright citizenship executive order, along with a slew of other orders, on his first day in office in January. 

On Wednesday, the San Francisco-based 9th Circuit Court of Appeals also affirmed the lower court’s nationwide injunction, and, earlier this month, a New Hampshire federal judge issued a ruling prohibiting Trump’s executive order from taking effect nationwide in a new class-action lawsuit.

Sorokin disagreed with the Trump administration’s argument that the Supreme Court’s ruling warranted a narrower ruling. 

The plaintiffs in the class-action lawsuit argued that Trump’s executive order is unconstitutional because the 14th Amendment guarantees birthright citizenship, and it also threatens millions of dollars in state funding for ‘essential’ health insurance services contingent on citizenship status. 

Reuters and the Associated Press contributed to this report. 

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European diplomats met with Iranians on Friday face-to-face for the first time since Israel and the U.S. bombed the country last month. 

The ‘serious, frank and detailed’ meeting in Istanbul, Turkey, lasted for around four hours and the officials all agreed to meet again for continued negotiations on Iran’s nuclear program. 

Sanctions that were lifted on Iran in 2015 after it agreed to restrictions and monitoring of its nuclear program could be reimposed if Iran doesn’t comply with requirements. 

One of Europe’s E3 nations – Britain, France and Germany, who held the talks with Iran – could bring back sanctions under the ‘snapback’ mechanism, which allows one of the European countries to bring back U.N. sanctions if Iran violates the conditions. 

European leaders have also said that sanctions will start being reinstated by the end of August if there is no progress on reining in Iran’s nuclear program. 

‘A possible delay in triggering snapback has been floated to the Iranians on the condition that there is credible diplomatic engagement by Iran, that they resume full cooperation with the IAEA (International Atomic Energy Agency), and that they address concerns about their highly-enriched uranium stockpile,’ a European diplomat said on condition of anonymity before the talks on Friday. 

The diplomat added that the snapback mechanism ‘remains on the table.’ 

Iran said that the U.S. needs to rejoin the 2015 nuclear deal – after President Trump pulled America out of it in 2018 – saying Iran has ‘absolutely no trust in the United States.’

The U.S. bombed Iran’s nuclear sites on June 22, a little over a week after Israel had bombed the country over national security concerns about its nuclear program. 

Iran responded by attacking Israel and a U.S. Army base in Qatar. 

Isreal and Iran agreed to a ceasefire on June 24. 

The IAEA issued a concerning report in May that said that Iran’s stockpile of near-weapons-grade enriched uranium had grown by nearly 50% in three months. 

The Associated Press contributed to this report. 

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