CNN: “The value of Trump’s stake in the corporate owner of Truth Social has dropped by $900 million since Vice President Kamala Harris entered the race for the White House on July 21. Trump Media & Technology Group’s share price has tumbled by about 23% since then, including another sharp drop on Thursday amid a broader market selloff.”
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Recent Posts
Former Fox News Hosts Return Home
“Megyn Kelly, Tucker Carlson and Bill O’Reilly are going home — sort of,” Variety reports. “Fox Corp., the backer of Fox News Channel, where all three of the aforementioned hosts…
How ‘Flooding the Zone’ Helps Trump
Steve Bannon told Semafor that Donald Trump has once again mastered the art of overwhelming the media with a relentless barrage of executive orders, surprise press conferences, and aggressive efforts…
Trump Reveals Plan to Kill New York’s Congestion Pricing
“President Trump has formulated a plan to force New York to ‘kill’ congestion pricing in Manhattan through the federal Department of Transportation,” the New York Post reports. “Among potential penalties…
Republicans Not United on Dismantling USAID
Playbook: “In truth, not even all Republicans are united on this. USAID has long enjoyed support from a certain type of Republican in Washington who sees it as an effective…
House Republicans Eye Deeper Medicaid Cuts
“House Republican leaders are looking to cut federal spending by $2 trillion to $2.5 trillion as part of their reconciliation push,” Punchbowl News reports. “House GOP negotiators now believe they…
Democrats Approach Their Enabling Moment
Brian Beutler: “If Democrats provide the decisive votes to fund this government, it will reverberate through history for all time.”Save to Favorites
U.S. Spy Planes Hunt for Mexican Drug Cartels
“The US military has significantly increased its surveillance of Mexican drug cartels over the past two weeks, with sophisticated spy planes flying at least 18 missions over the southwestern US…
Trump Stiffs Farmers After He Freezes Funds
“Farmers report missing millions of dollars of funding they were promised by the U.S. Agriculture Department, despite promises from the Trump administration that a federal funding freeze would not apply…
Make Trump Ubiquitous Again
“President Donald Trump began the morning golfing with Tiger Woods under a baby blue sky after a weekend dining with Senate Republicans, revoking security clearances for his predecessor and relaxing…
Trump Euphoria Is Fading Fast for CEOs and Bankers
“It took less than a month for the second Trump administration to cool the enthusiasm of chief executives and dealmakers,” the Wall Street Journal reports. “Consumer sentiment is down and…
New Trump Tariffs Won’t Be So Easily Averted
“President Trump said that he plans to impose 25% tariffs Monday on imports of steel and aluminum, part of the structural change to the country’s trade system that the president…
China Is at Heart of Tariffs on Steel and Aluminum
New York Times: “China does not export a lot of steel or aluminum directly to the United States. A succession of presidents and Commerce Department rulings have already imposed many…
The Senate Gives Trump His Cabinet — and Their Compliance
“Donald Trump is back, and it sure isn’t 2017 anymore in the Senate,” Politico reports. “Two of the president’s most controversial nominees are on a glide path to confirmation later…
Trump Tests Americans’ Response to Chaos
“The Trump administration’s shock and awe strategy was meant to overwhelm opponents, disrupt the establishment and bust norms,” Axios reports. “But it’s also sweeping up ordinary Americans who disdain politics…
Trump 2.0 Heralds an Aggressive Flexing of Power
Peter Baker: “For all of the shock and awe of President Trump’s first weeks back in office, much of it should come as little surprise. Many of his actions are…
Inside the House GOP Clash Over Tax Cuts
“Prominent House Republicans are privately warring over how to advance tax cuts that are expiring and President Donald Trump’s long list of other tax demands — with Budget Chair Jodey…
Trump Announces Plan to Stop Making Pennies
President Trump announced that he is telling the Treasury Department to stop minting pennies, ending a 233-year run of the 1-cent coin, USA Today reports. Save to Favorites
Trump to Announce Tariffs on Steel and Aluminum
“President Trump said he will announce 25 percent tariffs on steel and aluminum on Monday, adding that he would also kick off reciprocal tariffs in the days after,” The Hill…
Trump Says Musk Found ‘Irregularities’ in Treasuries
“President Donald Trump suggested that Elon Musk’s government efficiency team has found irregularities in US treasuries, and intimated that may lead the US to disregard some,” Bloomberg reports. “Trump didn’t…
Trump Sparks Christian Backlash
President Trump “signed an executive order to open a White House Faith Office to be led by Paula White, his longtime spiritual adviser,” the Daily Mail reports. “But the move…