Two Israeli Embassy Staffers Shot Dead in Washington D.C.
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What happened in Washington D.C.?
In Washington, a man who shouted free Palestine has fatally shot two Israeli embassy staff members near a Jewish museum. Plus, the GOP makes last-ditch changes to the tax bill to appease conservative hardliners.
It's more important to get this right, to get it correct, than to get it fast. We are sitting at the table to do that.
And Bitcoin jumps to a new all-time high. It's Thursday, May the 22nd. I'm Azhar Sukri for The Wall Street Journal, filling in for Luke Vargas. Here is the AM edition of What's News, the top headlines and business stories moving your world today. Law enforcement officials say a man shouting free Palestine has fatally shot two Israeli embassy staff in Washington.
What are the implications of the shooting?
The shooting happened near a Jewish museum just after 9pm Eastern last night. Officers believe the shooting was committed by a single suspect, identified as 30-year-old Elias Rodriguez of Chicago. He has been arrested. Israels Ambassador to the UN described the attack as anti-Semitic terrorism, while President Trump said radicalism has no place in the US. Here's DC Mayor Muriel Bowser.
What I do know is that the horrific incident is going to frighten a lot of people in our city and in our country. And I want to be clear that we will not tolerate this violence or hate in our city.
How is antisemitism being addressed?
A number of surveys have documented a steep rise in antisemitism around the globe that has worsened with the war in Gaza triggered by the Hamas-led attacks on southern Israel. And according to new polling, support for the war is rapidly decreasing, with around 70% of Israelis wanting it to end in exchange for the release of the remaining hostages. On the Hill, House Republicans have made last-minute changes to their sprawling tax and spending bill as they try to unite the party ahead of a nail-biter floor vote expected early today. Texas Representative Chip Roy and Pennsylvania's Scott Perry from the Conservative Freedom Caucus are among the holdouts.
It's more important to get this right, to get it correct, than to get it fast. We are sitting at the table to do that.
What changes are being made to the tax bill?
And for the bill to move off of the floor, these issues have to be addressed.
The new language added to Reassure Conservatives includes accelerating new Medicaid work requirements and ending many energy tax credits by 2028. Coming up, Bitcoin surges to a new record high and how Oasis fans are set to outspend Swifties on the band's hotly anticipated reunion tour this summer. Those stories and more after the break. In Markets News this morning, Bitcoin has rallied to a new record high of $111,000. The boost to the world's largest cryptocurrency comes as investors search for value amid wider market sell-offs. Deputy Finance Editor Quentin Webb spoke to our Kate Bullivant.
What is driving Bitcoin's record high?
Quentin, it seems counterintuitive that a risky asset like Bitcoin would rally in a market sell-off. What's going on?
Right. Well, I think there's just sort of building optimism about the future of digital currencies. Earlier this week, we saw a stablecoin bill make a key kind of step forward in the Senate. So we're moving towards stability. regime where the us is more kind of overtly crypto friendly and of course ever since the start of the trump administration we have seen this dramatic shift in tone in how it treats crypto this evening don't forget we have a gala dinner for the top holders recently of president trump's Trump-Coin. Nun, man könnte argumentierend sagen, dass in einem Umfeld, in dem es Fragezeichen gibt über langfristige US-Debtsustainabilität und die Sicherheit von Inhalten wie US-Träschereien, vielleicht an der Margin, das Menschen ermöglicht, wieder zu schauen, Alternativen zu Dollar-basierten Inhalten.
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Chapters
6 chapters
1
What happened in Washington D.C.?
0:34–1:26
2
What are the implications of the shooting?
1:26–2:09
3
How is antisemitism being addressed?
2:09–2:57
4
What changes are being made to the tax bill?
2:57–3:52
5
What is driving Bitcoin's record high?
3:52–5:31
6
Why is there optimism in the crypto market?
5:31–10:38
Speakers
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