Trump zeroes in on Fed, setting up potential fight with Powell
President Trump is focused on the Federal Reserve and is setting up a fight against leader Jerome Powell. The president is eager to speed up planned interest rate cuts and ease pressure on the economy as the Fed deepens concerns about his trade agenda. The Fed is preparing for a potential price shock driven by […]
Trump touts major Hyundai investment in US, including Louisiana steel plant
South Korean automaker Hyundai announced Monday that it will invest $20 billion in the US, including a new steel plant in Louisiana. President Trump promoted the news at the White House, celebrating the November election victory and the aggressive use of tariffs to target imports. “This investment is a clear demonstration that tariffs work very […]
Trump: 'I may give a lot of countries breaks’ on reciprocal tariffs
President Trump on Monday showed that if his administration imposes mutual tariffs on imports next week, it could offer exemptions to certain countries. “I might take a break from many countries. It's mutual, but we might even be even better. You know, we've been very kind to many countries for a long time,” Trump told […]
Social Security administrator backs out of ‘shutting down’ agency
The head of the Social Security Agency (SSA) said on Friday that it would not “close the agency” after a federal judge supported a temporary restraining order issued against Elon Musk's government's cost-cutting panel. SSA Chief Leland Dudek, president's appointee responsible for implementing Musk's cuts from government efficiency (DOGE), said on Friday the court made […]
Trump putting ‘secondary tariff’ on Venezuela
President Trump announced Monday that Venezuela will be attacked by “secondary tariffs,” claiming that the country has sent criminals and gang members migrants to the United States. Starting next week, the US will impose a 25% tariff on countries buying oil and gas from Venezuela, Trump said in his post The true society Platforms expand […]
GOP heads into key stretch for ambitious Trump tax cut plan
Capitol Hill Republicans are staring at a crucial three-week stretch in their efforts to enact President Trump's ambitious tax agenda, hoping that the House will be able to move forward with compromise budget resolutions to pace the party's aggressive timeline. Senate Republicans last month adopted a two-track strategy budget resolution to advance Trump's legislative agenda, […]
Trump to Tesla vandals: 'We are looking for you!!!'
President Trump has issued harsh warnings to destroying Tesla dealers across the United States, threatening extensive prison time. “I look forward to seeing sick terrorist thugs get 20 years of prison writing for what they're doing to Elon Musk and Tesla,” Trump said. I wrote it early on Friday A true society. “Perhaps they could […]
SBA cutting 40 percent of workforce
Small Business Management (SBA) announced Friday that it plans to cut more than 40% of its workforce amid the restructuring of its entire agency. The agency cut the workforce of nearly 6,500 employees by about 2,700 positions, returning to staffing levels from the first Trump administration, said SBA administrator Kelly Loeffler. “The SBA was created […]
Trump suggests law firms 'want to make deals' after rescinding Paul, Weiss order
President Trump defended a series of enforcement actions he took on Friday to target major law firms related to individuals who hold grems. Trump was asked in his elliptical office how he would respond to critics who claim his actions would be forced. “Well, law firms want to do all the deals. You mean the […]
Tesla attacks stoke fears of political violence
Elon Musk's violent protests in Tesla's showroom and charging stations for weeks have fueled concerns that political tensions could reach a boiling point amid rage and frustration over Musk's efforts to cut the federal bureaucracy. From destroyed Teslas to gunfire at dealers, protests have protested across the country amid rage and frustration over Musk's efforts […]