Central Intelligence Agency (CIA) pilot Francis Gary Powers, flying a Lockheed U-2 reconnaissance aircraft, is shot down over the Soviet Union near Sverdlovsk. He is captured and later put on trial for espionage. The incident creates an international furor, and a superpower summit scheduled for later in the month is canceled. On Feb. 10, 1962, Powers will be exchanged for Soviet KGB agent Rudolf Abel.
President Donald Trump on July 4 signed into law $150 billion in defense funds as part of the tax-and-spending package known as the “One Big, Beautiful Bill” after congressional Republicans approved the legislation in narrow, drawn-out votes earlier this week.
