U.S. Air Force fighter jets intercepted an aircraft that flew over President Trump's Mar-a-Lago estate in Florida in violation of a temporary flight restriction on Sunday, NORAD said.
The big picture: It was the second time in 48 hours F-16s from the Continental U.S. NORAD region had responded to such aircraft violations over Palm Beach, Fla., per a statement from the North American Aerospace Defense Command.
The U.S. economy will experience a "period of transition" as new trade and other policies take effect, President Trump said Sunday, though he hesitated to predict a full-blown recession.
Why it matters: While the president may not be forecasting it, markets suggest a recession is at least more possible now than it was even a few weeks ago.
President Trump believes it's worth risking pain to achieve his medium-term goal of rewiring the U.S. economy. He is attempting a form of economic shock therapy, while accepting there could be collateral damage.
Why it matters: That willingness to shrug off risks of inflation or recession is now rattling financial markets and confidence — and has itself emerged as the biggest near-term economic risk.
Some Trump administration officials citing health concerns are looking to remove "junk food" from a federal food assistance program serving more than 41 million Americans.
The big picture: A ban on any foods in the Supplemental Nutrition Assistance Program could be particularly paramount for recipients living in food deserts who don't have access to nutritious foods nearby.
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