Today's Headlines: Behind Wall Street’s Abrupt Flip on Crypto
National Guard Ramps Up D.C. Presence as Trump Threatens to Extend Takeover
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The New York Times
Today's Headlines

August 14, 2025, 4:10 a.m. Eastern time

Top News

Behind Wall Street’s Abrupt Flip on Crypto

The reversal risks declawing a century of consumer financial protections and replacing the backbone of bank accounts.

D.C. Federal Deployment Ramps Up as Protesters Converge on Police Checkpoint

The Army expects up to 200 soldiers out on the capital’s streets within the next few days at any given time in support of federal law enforcement.

After Reassuring Europe, Trump Strikes a Different Tone About Russian Threats

Hours after presenting a united front with allies, President Trump warned Vladimir V. Putin of “severe consequences” if Russia refuses to end the war in Ukraine. But he also suggested that he has limited power to alter the Russian leader’s behavior.

Editors’ Picks

They Want You to Get Off Your Couch, and Go Set a World Record

When it comes to mass-participation events, would-be record setters are finding it harder than ever to draw a crowd. But it’s still fun to try.

Opinion | Some Democrats Panicked Over Mamdani. Obama Called Him.

Obamaworld seems interested in understanding Zohran Mamdani’s sudden rise to prominence.

World

Europe’s Leaders Say They’ve Agreed With Trump on a Strategy for Russia Talks

Chancellor Friedrich Merz and several allies played host to President Trump for a video call, the latest in a summer-long effort to hold ranks in supporting Ukraine.

Ministers Take Jabs at Israel’s Military Chief as Gaza Plan Stokes Tension

Lt. Gen. Eyal Zamir has pushed back against a proposal to control Gaza City, according to officials. One hard-right member of the government suggested he could be dismissed.

Top Iranian Official Visits Lebanon as Hezbollah Bucks Calls to Disarm

The visit by Ali Larijani, the head of Iran’s top security body, came as the Lebanese government moves to disarm Hezbollah, the militant group that has long been Tehran’s most powerful regional ally.

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U.S.

Republican Ex-Candidate Sentenced to 80 Years in Prison for Shooting Plot

Solomon Peña, who lost a bid for a seat in the New Mexico Legislature in 2022, was found guilty in March of orchestrating the attacks against state Democrats.

Hispanic Democratic Officials in Texas Plead Not Guilty to Voter Fraud

Texas’ attorney general, Ken Paxton, has now used his “election integrity unit” to indict 15 Latino Democrats under a 2021 statute that outlawed delivering ballots for other voters.

Man Charged With Assaulting Federal Agent With Sandwich in D.C.

A video showed a man repeatedly calling a group of officers “fascists” before throwing a sub sandwich at one.

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Politics

Trump Administration Can Withhold Billions in Aid, Appeals Court Rules

In a 2-to-1 vote, a federal appeals court panel ruled that foreign aid groups that sued to recover funds that President Trump froze cannot challenge the decision.

Trump Misstates Washington Crime Data to Justify Takeover

The president cited a number of false and misleading claims about homicides and youth crime in the nation’s capital.

Trump Names Kennedy Center Honorees and Says He Will Host Ceremony

The president has taken a strong interest in the Kennedy Center’s affairs ever since naming himself chairman in February, when he restocked its traditionally bipartisan board with loyalists.

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Business

Trump Warns of Economic Disaster if Court Strikes Down Tariffs

The president has crowed about the billions of dollars collected so far from tariffs. That money could be at risk if the White House loses the legal battle.

Bessent Has Yet to Fully Divest Assets, Raising Concern at Ethics Agency

The Treasury secretary has been slow to shed assets, including farmland, posing potential conflicts of interest.

A Hollywood Start-Up Targets the Micro Drama Craze

A new app will focus on super-short TV shows shot for phones, a bit like Quibi, an earlier app aimed at quick content.

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Technology

Companies Are Pouring Billions Into A.I. It Has Yet to Pay Off.

Corporate spending on artificial intelligence is surging as executives bank on major efficiency gains. So far, they report little effect to the bottom line.

Trump Has Made Himself Commander in Chief of the Chip Industry

President Trump has become the semiconductor sector’s leading decision maker, from new fees on exports to China to a brief demand for a C.E.O.’s firing.

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Arts

Historians Alarmed by White House Plan to Oversee Smithsonian Exhibits

The Trump administration’s plan to, in effect, audit the content of Smithsonian museums drew criticism from groups that represent scholars and promote free speech.

Beyoncé Wins First Emmy for N.F.L. Halftime Show

The pop superstar received a costume design award for her Netflix football halftime performance tied to her “Cowboy Carter” album.

What Does It Mean to Be a Woman in Power? A Ballet Looks to Two Queens.

“Mary, Queen of Scots,” a new commission by Scottish Ballet, puts both her historical tale and contemporary views in motion.

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