US, Qatar Deals to Generate $1.2 Trillion: White House; Key House Committee Advances GOP Tax Bill

Agreements signed by U.S. President Donald Trump and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani on Wednesday will "generate an economic exchange worth at least $1.2 trillion," the White House said in a fact sheet summarizing some of the deals' details. The agreements include a $96 billion deal with Qatar Airways to buy up to 210 Boeing 787 Dreamliner and 777X airplanes with GE Aerospace engines, the fact sheet said.

It was markup day for the tax-writing House Ways and Means Committee on May 13—one day after Republicans released the full text of their long-awaited tax legislation—as lawmakers on both sides of the aisle engaged in testy exchanges. The committee pushed the bill forward overnight, passing it along party lines with a 26–19 vote.

Sean "Diddy" Combs' criminal trial will enter its third day on Wednesday with his former girlfriend Casandra Ventura expected to resume testifying about how the rapper and hip-hop mogul made her a central figure in his alleged sex trafficking.