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Daily Summary•JUL 21, 2025

Federal Showdowns, Market Highs & Policy Crossroads as U.S. Stakes Its Course

Today’s top story kicks off with Harvard confronting the Trump administration's $2 billion research funding freeze, alleging political retaliation over antisemitism on campus. As markets hit record highs buoyed by AI optimism and whispers of Fed rate cuts, Washington braces ahead of a high‑stakes August 1 tariff deadline. Meanwhile, protests in honor of John Lewis sweep across the nation, immigration policy sparks legal battles, and strategic diplomacy explores new ways to weaken Russia without derailing global oil markets.

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