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Trump highlights US investments amid opposition to Intel agreement

Trump touts US investments amid pushback over Intel deal

It’s Tuesday. Anyone else feeling a buzz about the US kicking off things for real? An article in The Atlantic recently argued, “If you have to play one sport, it should be tennis.”

Here’s a Quick Shift: I plan to offer a report later today at 12:30. It promises to be good—trust me!

In today’s edition:

  • Trump meets with his Cabinet
  • Whistleblower claims mishandling of data at Doge
  • New revenue agreement for US Intelligence

At the White House:

Trump Boosts Investment and Growth:

President Trump gathered his cabinet for a meeting, and it’s still in progress.

Among those present are Secretary of StateMarco Rubio, Secretary of DefensePete Hegses, Secretary of the TreasuryScott Bescent, Secretary of CommerceHoward Lutnick, and Secretary of the InteriorDoug Burgham.

A lot is on the agenda: Trump is reportedly gearing up to fire a Federal Reserve Governor. His recent federal acquisitions in DC have raised eyebrows. Plus, he’s facing backlash from MAGA supporters regarding the deal for the government to acquire shares in chip manufacturer Intel.

💻Catch the Cabinet Meeting Live

Recent Highlights:

Trump stated that “trillions of dollars” are flowing into the US. He emphasized various investments in the country, particularly tariffs he’s collected from numerous nations.

Trump displayed an image of Mark Zuckerberg’s future data center in Louisiana, claiming, “These are significant developments, and many are happening right now, particularly in AI.”

He claimed that domestic car production is on the rise. According to him, the US is now producing “18,000 cars a month” and reopening significant plants. “We were losing everything; now they’re all coming back,” Trump said.

On domestic oil production: Trump mentioned that it’s increased by over 300,000 barrels a day, with prices around $62 per barrel.

Trump also had some memorable exchanges with leaders from “Blue Nation,” especially regarding crime-related issues.

🗨🗨️Follow Our Live Blog Today

Federal Governor Denies Resignation:

Federal Reserve Board MemberLisa Cook has publicly stated she has no intention of resigning, countering Trump’s push to oust her.

Cook claimed Trump’s announcement lacked legal grounds and stated, “I will not resign,” as reported by Hill’s sister network.

Trump has threatened to remove Fed board members over allegations of mortgage fraud connected to Cook.

Why the fuss? Trump’s associates assert that Cook’s actions constituted mortgage fraud related to significant housing units.

Can Trump follow through? It’s uncertain. While he has the power to remove Fed members for cause, the validity of these allegations remains in question. Trump asserts that he has “sufficient cause.”

If he succeeds, it could pave the way for his chosen candidates aligned with his economic vision.

Democrats are outraged. Senate Minority LeaderChuck Schumer criticized it as part of Trump’s partisan games, alleging it serves billionaires’ interests over middle-class Americans. SenatorElizabeth Warren, a prominent voice on the Senate Committee overseeing the Federal Reserve, labeled the action “illegal.”

➤ More Reading:

Hill: Who is Lisa Cook, the targeted Fed Governor?

NY Times: Lisa Cook broke barriers at the Fed prior to Trump’s claims.

➤ Outside the White House:

A man was detained for burning an American flag following Trump’s executive order on flag protection. 📹 Details on the arrest

This Morning’s News:

Doge Faces Whistleblower Allegations:

A whistleblower has reported issues related to Government Efficiency (DOGE) regarding data vulnerabilities.

Details of the complaint: Allegations claim that a DOGE employee uploaded sensitive Social Security information to an insecure cloud server, threatening millions of Americans’ data.

Submitted by:Charles Borges, Chief Data Officer of the Social Security Administration.

Excerpt: Borges noted that sensitive data was not securely monitored, which posed “huge vulnerabilities.”

🔎Read the whistleblower report

🔎 Read the NYT Coverage

DOJ Lawsuit Against Maryland’s Exam Board Dismissed:

A federal judge has dismissed the DOJ lawsuit against 15 Maryland district judges over a mandate that slowed down deportation processes. Hill reports that the administration’s judiciary actions were branded as “unprecedentedly unfortunate.”

Read more on the case:

Peter Navarro Critiques with Op-Ed:

White House Trade AdvisorPeter Navarro criticized Trump’s former national security advisorJohn Bolton in his latest op-ed. This comes following a search of Bolton’s residence by federal agents. Bolton has been a known critic of Trump’s foreign policy.

Excerpt: “When Bolton got a $2 million advance for his book, he didn’t just share gossip—he revealed sensitive information meant to be confidential.”

Navarro echoed Trump’s sentiments, describing Bolton as overly aggressive and likening him to a character reminiscent of “Dr. Strangelove.”

Read Navarro’s op-ed:“Bolton profited while America bore the loss.”

⏱️ More News:

Kilmar Abrego Garcia’s Deportation on Hold:

A federal judge has blockedKilmar Abrego Garcia’sdeportation to Uganda pending a hearing about his status. The judge emphasized that the Trump administration cannot remove him from the country.

Background: Abrego Garcia, a focal point in the Trump administration’s immigration debates, was mistakenly deported to a notorious prison in El Salvador earlier this year, later returning to the US.

Conservative Concerns on New Deals:

Trump’s announcement about the government acquiring a stake in Intel has raised concerns among conservative Republicans about implications for free-market practices.

But it doesn’t stop at Intel: Earlier this month, Trump also made agreements with Nvidia and AMD, requiring them to share revenue from AI sales with the US government.

What worries Republicans? Some fear this could be a step towards “socialism,” paving the way for future Democratic administrations to impose similar measures.

Particularly: SenatorRand Paul expressed that this deal is a “terrifying concept.”

Defending the Administration: Secretary of CommerceHoward Lutnik claimed this approach isn’t “socialism,” during an interview.

Read more:“Trump’s Intel stake raises concerns among Republicans.”

Plus:The Hill reported on how these agreements might disrupt traditional conservative economic principles.

➤ Wall Street’s Take:

The Wall Street Journal criticized the new agreement, suggesting it represents a shift in Republican attitudes towards government intervention in businesses.

Excerpt: “It’s hard to think that a Republican president would have supported government ownership of companies not long ago, yet here we are.”

What’s Next:

Both the House and Senate are in recess. 🌻 President Trump remains in Washington, DC (All Times EST)

Today: Special elections are happening in Iowa and Georgia.🔎 What’s on your radar?

5:30pm: The Democratic National Committee starts its conversations regarding the 2028 primary calendar. 💻Live updates

🐝 Trending Online:

🍒Let’s Celebrate: Today isNational Cherry Popsicle Day.

💰Job-Hopping Secrets: Axios mentions that while changing jobs was once seen as the best way to increase your salary, that might not hold true anymore.

📷 Some visuals went viral showing alleged bruises on the President’s hands. The White House attributed these to frequent handshakes and aspirin intake.

👋 Lastly…

Take a look at this video capturing bird feeder antics. My client, the cat, believes he was unjustly portrayed.

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