*By Carlo Versano*
Financial markets closed, mail delivery stopped, federal offices shut down, and bells tolled as the nation paused to remember the life of President George H.W. Bush, who was memorialized during a state funeral at Washington's National Cathedral on Wednesday.
At 11:00 a.m., right on schedule, the famously punctual George W. Bush led his family into the cathedral under cloudy skies and chilly temperatures. In the front pew sat the other four members of what's known as the most exclusive club in the world ー Presidents Jimmy Carter, Bill Clinton, Barack Obama, Donald Trump and their wives.
It is believed to be the first time Presidents Trump and Obama have met or spoken since the former's inauguration. As Trump sat, he shook the hands of the Obamas as Bill Clinton glanced over. Hillary Clinton stared straight ahead.
The 43rd president delivered a stirring and humorous eulogy for his father, with whom he had a famously complicated but loving relationship. He was joined by Brian Mulroney, the former Canadian prime minister, Alan Simpson, the former senator from Wyoming, and Jon Meacham, the presidential biographer.
Meacham called President Bush the "last great soldier-statesman," and said his famous "thousand points of light" phrase was uttered alongside Lincoln's "better angels of our nature" line from his first inaugural as "companion verses in America's national hymn."
George W. Bush remembered his father as "the brightest of 1,000 points of light," again hitting on a phrase that President Trump once [mocked](https://youtu.be/ZbYZOHq2LEQ?t=3508).
"Through our tears, let us know the blessings of knowing and loving you, a great and noble man, the best father a son or daughter could have," Bush said, breaking down.
"Dad is hugging Robin, and holding mom's hand again." Robin was the three-year-old daughter that the Bushes lost to leukemia in 1953.
The Bush family made a surprise visit to the Capitol rotunda on Tuesday evening to thank mourners who paid respects over two days as president lied in state. That followed a touching moment in which former senator Bob Dole was helped out of his wheelchair to salute the casket of his fellow WWII vet.
Bush, who served as the 41st president for a single term at a critical time for geopolitics, led a life that intersected with key moments of modern American history. A naval aviator turned congressman, RNC chair during Watergate, ambassador, CIA chief, vice and finally president, was also the patriarch of a political dynasty, as well as a respected family man and statesman.
"Some have said this is an end of an era," Rev. Russell Jones Levenson said from the pulpit. "But it doesn't have to be. Perhaps this is an invitation to fill the void that has been left behind."
Many U.S. consumers say they’ve noticed higher than usual prices for holiday gifts in recent months, according to a a December poll from The Associated Press-NORC Center for Public Affairs Research. A contributing factor is the unusually high import taxes the Trump administration put on foreign goods. While the worst-case consumer impact that many economists foresaw from the administration’s trade policies hasn’t materialized, some popular gift items have been affected more than others. Most toys and electronics sold in the U.S. come from China. So do most holiday decorations. Jewelry prices have risen due to the cost of gold.
Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner. The charges came on Monday. The investigation centers on a controversy over a a bombed-out military complex in central Belgrade that was a protected cultural heritage zone but that is facing redevelopment as a luxury compound by a company linked to Kushner. The $500 million proposal to build a high-rise hotel, offices and shops at the site has met fierce opposition from experts at home and abroad. Selakovic and others allegedly illegally lifted the protection status for the site by falsifying documentation.
President Donald Trump has signed an executive order to block states from regulating artificial intelligence. He argues that heavy regulations could stifle the industry, especially given competition from China. Trump says the U.S. needs a unified approach to AI regulation to avoid complications from state-by-state rules. The order directs the administration to draw up a list of problematic regulations for the Attorney General to challenge. States with laws could lose access to broadband funding, according to the text of the order. Some states have already passed AI laws focusing on transparency and limiting data collection.
The New York Times and President Donald Trump are fighting again. The news outlet said Wednesday it won't be deterred by Trump's “false and inflammatory language” from writing about the 79-year-old president's health. The Times has done a handful of stories on that topic recently, including an opinion column that said Trump is “starting to give President Joe Biden vibes.” In a Truth Social post, Trump said it might be treasonous for outlets like the Times to do “FAKE” reports about his health and "we should do something about it.” The Republican president already has a pending lawsuit against the newspaper for its past reports on his finances.
President Donald Trump says he will allow Nvidia to sell its H200 computer chip used in the development of artificial intelligence to “approved customers” in China. Trump said Monday on his social media site that he had informed China’s leader Xi Jinping and “President Xi responded positively!” There had been concerns about allowing advanced computer chips into China as it could help them to compete against the U.S. in building out AI capabilities. But there has also been a desire to develop the AI ecosystem with American companies such as chipmaker Nvidia.
House Republicans in key battleground districts are working to contain the political fallout expected when thousands of their constituents face higher bills for health insurance coverage obtained through the Affordable Care Act. For a critical sliver of the GOP majority, the impending expiration of the enhanced premium tax credits after Dec. 31 could be a major political liability as they potentially face midterm headwinds in a 2026 election critical to President Donald Trump’s agenda. For Democrats, the party’s strategy for capturing the House majority revolves around pinning higher bills for groceries, health insurance and utilities on Republicans.
