Saturday, September 19th

What happened

President Donald Trump announced an immediate White House ban on CNN, MS NOW and Politico. The order follows earlier Trump administration fights over press access, including a 2025 move limiting Associated Press access to certain White House spaces after AP refused Trump’s preferred Gulf of America name. Trump said the targeted outlets had repeatedly published “fake news,” “fiction and lies,” and negative “cumulative stories” about him and his administration. CNN, Politico and press-freedom groups called the move unconstitutional, and Politico said it would defend its rights. White House Correspondents’ Association president Jacqui Heinrich said the dispute was about the public’s right to an independent account. By Friday evening, enforcement remained unclear.

What happened

President Trump said the United States reached a security agreement with Denmark and Greenland giving Washington “permanent control over security” in Greenland while Danish sovereignty remains. Denmark and Greenland described it as a security pact that strengthens Arctic and North Atlantic defense without transferring sovereignty. The pact would bar non-NATO countries, including China and Russia, from bases or troops there, and would screen sensitive investments by U.S. adversaries. The United States already has forces in Greenland under a 1951 defense agreement, including Pituffik Space Base. Trump said the U.S. will quickly build a larger military presence. The deal is expected to be signed next week, but needs approval in Denmark and Greenland.

What happened

Warren Buffett stepped down as chairman of Berkshire Hathaway and became chairman emeritus effective immediately. Berkshire named Howard Buffett, his son, to replace him as chairman. Greg Abel will continue running Berkshire as CEO, while Howard Buffett’s role is to guard the company’s culture and values. Buffett led Berkshire from a struggling textile company into a roughly $1 trillion conglomerate, with a compounded annual return of about 19.7% since 1965. Buffett said the timing was right because Abel had exceeded his expectations and his age was catching up with him. His letter said “Father Time always wins.” Buffett will remain on Berkshire’s board.