Trump says FBI is looking into Nvidia CEO, no new Iran offensive for now, inflation report today
President Trump says the FBI is looking into Nvidia CEO Jensen Huang's ties to an alleged spy, Trump says no new Iran offensive for now, October inflation data is due today, Trump says deportations may have been too tough, and the Bills beat the Vikings 23-6.
President Trump told reporters Monday that the FBI is looking into Nvidia CEO Jensen Huang's relationship with a business executive whom U.S. intelligence reportedly determined was gathering information for China. Huang has admitted an affair, and Nvidia's board opened an independent inquiry, saying it has no reason to believe national security or company secrets were compromised. Nvidia shares closed down about 4.3% Monday. China's Foreign Ministry called the spy allegations a smear.
President Trump saysThe FBI is looking into it; he said Huang told him he had no idea the woman was a spy, that he believes him, and that he thinks Huang will be in good shape.
Nvidia's board saysIt has no reason to believe national security or company secrets were compromised, and an independent inquiry overseen by outside counsel will examine all available information.
China saysForeign Ministry spokesperson Guo Jiakun called the spy allegations groundless and a smear against China.
After meeting Qatar's prime minister at the White House on Monday, President Trump said on Truth Social that he sees "positive momentum toward an end to this conflict" with Iran. He said further U.S. strikes are "quite unlikely" because Gulf allies "would prefer the status quo," but that U.S. forces remain "locked and loaded." Iran's top security official, Mohsen Rezaei, accused Washington of spreading fake news about talks.
The U.S. saysPresident Trump says there is positive momentum toward ending the war and new strikes are unlikely for now because Gulf allies prefer the status quo, though U.S. forces are ready if things change.
Iran saysSecurity chief Mohsen Rezaei told Washington to stop "manufacturing fake news about imaginary talks" and says Iran's seven conditions must be met.
The Labor Department releases the October consumer price index on Tuesday. Economists estimate annual inflation rose to about 3.9% from 3.7% in September; the government won't publish an official year-over-year figure because October 2025 data was not collected during the shutdown. Markets see a high chance of a Federal Reserve rate hike next month. Overnight, Asian stocks rose, with South Korea's Kospi up 4.4% and Japan's Nikkei 225 up 2.9%.
In a CBS "60 Minutes" interview, his first major interview since Republicans lost control of the House and Senate, President Trump said his administration's deportation policy may have been too tough and that it hurt him. He said an immigration deal with Democrats is "actually doable" but gave no specifics. Trump also elevated Stephen Miller, an architect of his immigration agenda, to chief of staff.
The administration saysPresident Trump says a deal is doable and people who are working and have been here for years could stay; Homeland Security Secretary Markwayne Mullin says a bipartisan approach is the only way, but "amnesty's never going to be a solution."
Democrats saySenate Democratic Leader Chuck Schumer says the immigration crackdown went too far and called Miller's elevation a promotion, not a course correction.
The Buffalo Bills beat the Minnesota Vikings 23-6 at U.S. Bank Stadium on Monday Night Football. Buffalo held the ball for 42 minutes, 32 seconds, James Cook ran for 107 yards and a touchdown, and Minnesota's only points came on two Will Reichard field goals. The Vikings, with Carson Wentz starting at quarterback, managed 178 total yards and fell to 6-2 with their second straight loss; the Bills improved to 7-1.
