Newborn Investment Accounts Proposed in Federal Legislation

A new federal proposal aims to provide every newborn American child with a tax-deferred investment account seeded with a $1,000 government contribution. The initiative, part of a broader legislative package, is designed to promote long-term financial security and early market participation.

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U.S. Halts Airstrikes on Houthi Targets in Yemen

Date: May 6, 2025
Location: Washington, D.C.

President Donald Trump announced on May 6 that the United States would cease its airstrike campaign against Houthi targets in Yemen. The decision follows a ceasefire agreement mediated by Oman, wherein the Iran-aligned Houthi group committed to halting attacks on maritime shipping routes, including the Red Sea and Bab al-Mandab Strait. The agreement specifies that neither side will target the other, particularly U.S. vessels.

Despite the ceasefire, Houthi representatives clarified that their operations against Israel would continue, as these actions are not encompassed within the U.S.-Houthi agreement. This development comes after a U.S. military campaign, initiated in March under Operation Rough Rider, which targeted over 1,000 Houthi sites in response to threats against Israeli maritime interests.

The ceasefire has been welcomed by regional actors such as Qatar and Kuwait. However, concerns remain regarding the exclusion of Israel from the agreement and the potential for continued hostilities in the region

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