TIME magazine is reporting that the Trump administration has scrapped its plans for a $1.8 billion "anti-weaponization fund" following public backlash. The Department of Justice said it was abandoning the fund, which critics feared would be used to provide taxpayer money to individuals involved in the Jan. 6 Capitol riot. However, plans to prevent the Internal Revenue Service from auditing President Donald J Trump's past tax returns are still in place.
The magazine also reported on the appointment of Bill Pulte as Trump's new acting Director of National Intelligence. Pulte, a known Trump ally and current head of the Federal Housing Finance Agency, assumes the role without direct experience in intelligence.
Additionally, TIME said President Trump has revisited his idea to annex Canada and make it the 51st state. This desire, frequently expressed by Trump, further escalates tensions amidst ongoing tariff disputes and policy clashes between the two nations.
In other political news, TIME is covering Xavier Becerra, who has emerged as an unexpected frontrunner in California's gubernatorial race. Becerra has seen a surge in polls within the chaotic primary, where over 60 candidates are competing to succeed Gov. Gavin Newsom.
The White House Correspondents' Dinner has been rescheduled to July 24 after a shooting incident, TIME reported. The White House Correspondents’ Association stated the event will include "significantly enhanced safety measures," and President Trump is again expected to speak.