US President Donald Trump said early Saturday Israel must stop bombing Gaza immediately and that he believes Hamas is ready for peace after an earlier statement by the Palestinian resistance group. Hamas said it would agree to some of the terms in Trump’s plan to end the Gaza war, including releasing hostages, but avoided addressing more vexing issues like disarmament and said it would seek further negotiations. Soon after, Trump posted Hamas’ response to his Truth Social account. Trump had earlier not specified whether the terms would be subject to negotiation, as Hamas is seeking. Notably, the resistance group did not say if it would agree to disarm and demilitarise Gaza — something Israel and the US want but Hamas has rejected before. It also did not agree to an Israeli withdrawal in stages, as opposed to the immediate, full withdrawal the group demands. A senior Hamas official told Al Jazeera that the group would not disarm before Israel’s occupation of the besieged enclave ends, comments that underscored...
Travis Hill has served as acting FDIC chair since Donald Trump took office on Jan. 20, later issuing guidance on crypto-related activities and criticizing allegations of debanking. US President Donald Trump sent the nomination of acting chair of the Federal Deposit Insurance Corporation (FDIC), Travis Hill, to the Senate for consideration to assume the government role for a five-year term. According to congressional records, Trump’s nomination of Hill as FDIC chair was sent to the Senate Banking Committee on Tuesday. Before assuming his role at the FDIC, Hill issued a statement that the department should offer additional guidance on digital assets and tokenization and spoke out against allegations of US authorities debanking companies due to their ties to crypto. He followed with a letter aimed at financial institutions in March, clarifying that banks could engage with digital assets as a ”permissible activity.” Read more
US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu on Monday unveiled a 20-point plan for Gaza. Subsequently, eight Arab or Muslim-majority nations — Jordan, United Arab Emirates, Indonesia, Pakistan, Türkiye, Saudi Arabia, Qatar, and Egypt — “welcomed the role of the American president and his sincere efforts aimed at ending the war in Gaza”. In Pakistan, the government’s so-called approval of the plan had drawn flak from politicians, journalists and activists alike, who termed the deal a “two-state surrender’’ with the scales weighing heavily in Israel’s favour. Subsequently, signs began appearing that not everyone was happy with the draft made public by the White House. On Tuesday, Foreign Minister Ishaq Dar seemingly distanced Pakistani decision-makers from the plan. He also made it clear in so many words that the US peace plan for Gaza would not be acceptable if the amendments — jointly proposed by eight Muslim countries — were not included. This came after Trump had previously...