Tariffs are Expected to Cut the Deficit by $4 Trillion by 2035 – Trump Reacts
The Pro Trump News homepage updates with 60 new headlines each day. The Congressional Budget Office (CBO) now estimates that tariffs could lead to a $4 trillion reduction in the deficit over the next decade. This is an increase of $1 trillion compared to their June forecasts. According to a report: CBO Director Philip Swagel […]
Cut Funding for the Homeless Industry, Democrats’ Rights Violations Similar to 9/11, and more commentary
Legal view: Eliminate industrial complexes for homeless people There’s this prevailing idea in Washington—that “Donald Trump is cruel and heartless” when he uses the National Guard to address the issues of crime and homelessness. But, interestingly, the city has dumped over $1 billion into solutions for roughly 5,000 homeless individuals. This raises an important question: […]
Dow reaches all-time high as stocks surge following Powell’s speech and expectations of a rate cut
The stock market hit a record high on Friday, largely due to optimistic signals from Federal Reserve Chair Jerome Powell regarding potential interest rate cuts in September. This confidence lifted Wall Street, driving significant gains. The Dow Jones industrial average surged by over 840 points, marking a 1.9% increase and landing at a record high […]
House Republican supports tax cut legislation through advertisements funded by office budget
Nunn Promotes Tax Law with New Ad Campaign Rep. Zach Nunn (R-Iowa) is trying a different strategy to promote what he calls “one big beautiful bill” in his district. He plans to utilize funds from his official office to support digital video advertising that highlights significant tax changes within the new law. A 30-second advertisement […]
Australian Dollar remains steady as expectations for a Fed rate cut decrease
The Australian Dollar’s Current Status The Australian Dollar is hovering near its two-month low, recorded at 0.6414 on Thursday. AUD/USD is facing downward pressure as the US dollar gains strength following S&P Global’s US PMI data release. The CME FedWatch tool indicates a 74% likelihood of interest rate cuts occurring in September, down from 82% […]
Supreme Court allows Trump to cut $783 million from NIH diversity research funding
Supreme Court Clears Path for NIH Grant Cuts The Trump administration celebrated a significant win at the Supreme Court on Thursday with a narrow 5-4 decision. The ruling allows for the cutting of over $783 million in National Institutes of Health (NIH) research grants, which are tied to diversity, equity, and inclusion (DEI) initiatives, as […]
NZD/USD drops under 0.5850 after RBNZ’s cautious cut
The NZD/USD fell to about 0.5825 during early Asian trading on Thursday. Minutes from the Fed indicated that inflation is viewed as a larger concern among officials. The RBNZ raised its key cash rate by 25 basis points on Wednesday. In the early hours of Thursday, the NZD/USD pair dipped near 0.5815. The New Zealand […]
Two Fed officials expressed their support for a rate cut while discussions on tariffs continue.
During the recent meeting of the Federal Reserve, two policymakers expressed their disagreement with the decision to maintain the current interest rates. Interestingly, as the minutes were released, it became evident that no other members supported a rate cut at that time. The minutes from the July 29-30 meeting indicated that almost all participants felt […]
NZD/USD drops to around 0.5850 after the RBNZ makes a quarter-point rate cut
NZD/USD faces challenges following RBNZ’s 25 basis point rate cut, lowering the official cash rate (OCR) to 3%. The People’s Bank of China adjusted its 1- and 5-year loan prime rates to 3.00% and 3.50% respectively. White House Press Secretary Caroline Leavitt indicated ongoing plans for a meeting between Putin and Zelensky. The NZD/USD has […]
Firefighters in Connecticut cut through playground slide to free 40-year-old man trapped inside.
A firefighter team in Connecticut was called to rescue a 40-year-old man who got stuck in a playground slide this past Saturday afternoon. This man, who remains unidentified, found himself trapped in a twisty slide at an elementary school in Vernon around 4:30 PM. Reports indicate the man got wedged with a “snapped leg and […]