1 President Announces Plans For Largest Steel Plant In US History
President Donald Trump announced that Mesabi Metallics plans to build a $15-billion steel plant in Iowa, which the White House says would be the largest steel plant in U.S. history. The Minnesota-based company says the plant should be operating by 2030 and is expected to produce at least 7.5-million tons of steel each year while creating about 1,750 permanent jobs. The plant would use iron ore from Mesabi’s Minnesota operation. The announcement fits with Trump’s push to expand U.S. steel production and reduce reliance on foreign suppliers. His administration doubled tariffs on imported steel to 50-percent last year and says the new plant could eventually supply steel for defense projects.
2 President And Speaker To Meet With AI Execs At White House Today
President Donald Trump and House Speaker Mike Johnson are scheduled to meet today with leaders from major artificial intelligence companies as Washington debates how closely AI should be regulated. Expected attendees include Anthropic CEO Dario Amodei, OpenAI President Greg Brockman, Google CEO Sundar Pichai, Palantir CEO Alex Karp, Meta CEO Mark Zuckerberg and Nvidia CEO Jensen Huang. Johnson said the goal is to find a balance between safety rules and continued innovation. Some AI executives want stronger safeguards, while others warn that heavy regulation could slow U.S. development and weaken its position against China.
3 Owners Look To Sell Bankrupt Camp Mystic
The owners of Camp Mystic are seeking court approval to sell the Texas Hill Country camp as part of its Chapter 11 bankruptcy case. The 749-acre property sits along the Guadalupe River, where 27 campers and counselors died in the July 4th, 2025 flood. The proposed sale would include nearly all camp assets, with proceeds going to creditors, including victims’ families. The owners would prefer a buyer who continues the camp’s historic mission, but that would not be required. The camp also faces lawsuits and a criminal investigation into its emergency planning and response before the flood.