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Wall Street Hopes Trump Pulls Punches on Immigration

January 26, 2025 at 2:00 pm EST By Taegan Goddard Leave a Comment

“President Donald Trump’s immigration policies would likely have devastating effects on Corporate America’s growth and earnings, but investors haven’t been perturbed yet — largely because they don’t believe he’ll follow through on the full extent of his plans,” Bloomberg reports.

“It’s a gamble that would be costly to lose, strategists and analysts say, with mass deportations likely upending industries as varied as service-heavy hospitality and leisure, and labor-intensive agriculture, food production, manufacturing and construction.”

Trump Swiftly Enacts Retribution

January 26, 2025 at 1:00 pm EST By Taegan Goddard Leave a Comment

“For those who may have crossed President Donald Trump, the message is sinking in: Payback is coming, and coming fast,” NBC News reports.

Said former prosecutor David Laufman: “There are plenty of early warning signs that confirm the worst fears of people who were concerned about a second Trump administration and what it would mean for the rule of law. The real question remains what checks and balances will there be to prevent the creeping establishment of an authoritarian state in the United States.”

Colombia Will Not Accept U.S. Deportation Flights

January 26, 2025 at 12:07 pm EST By Taegan Goddard Leave a Comment

“Colombia will not accept deportation flights from the United States until the Trump administration provides a process to treat Colombian migrants with ‘dignity and respect,’ the country’s president, Gustavo Petro, said on Sunday,” the New York Times reports.


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Graham Sees Justices Backing Trump on Citizenship

January 26, 2025 at 12:01 pm EST By Taegan Goddard Leave a Comment

Sen. Lindsey Graham (R-S.C.) said he believes there is a “good chance” that the Supreme Court sides with President Trump on the issue of birthright citizenship, The Hill reports.

No Time Wasted in Justice Department’s Rightward Shift

January 26, 2025 at 11:57 am EST By Taegan Goddard Leave a Comment

“Even before Donald Trump’s portrait could be restored to the walls of the Justice Department, interim officials began driving a conservative U-turn at the agency,” the Wall Street Journal reports.

“They replaced a Biden-era memo telling prosecutors to show leniency to some drug offenders with a new policy calling for the pursuit of the most serious charges and the stiffest penalties for all crimes. They halted much of the department’s civil-rights and environmental work. And they transferred more than 15 career employees to relatively marginal positions, part of a broader effort to ultimately thin the workforce. That was just the first week.”

“A new administration always brings changes in personnel and policy. But current and former department officials said the pace, scope and tone of Trump’s early moves in his second term are unusual and signal that a more dramatic transformation lies ahead.”

White House Intensely Screening Job Seekers

January 26, 2025 at 11:42 am EST By Taegan Goddard Leave a Comment

“Job-seekers hoping to join the new Trump administration are facing a series of intense loyalty tests, with White House screening teams fanning out to government agencies to check for ‘Make America Great Again’ bona fides and carefully parsing applicants’ politics and social media posts,” the AP reports.

“President Donald Trump has long said he believes the biggest mistake he made during his first term was hiring what he considered to be the wrong kinds of people. Now, aides are working aggressively to ensure the government is filled only with loyalists.”

Attention Is the Fuel of American Politics

January 26, 2025 at 11:37 am EST By Taegan Goddard Leave a Comment

Ezra Klein: “There’s nothing new about the problem of money in politics. We’ve been warned for decades that America is or is becoming an oligarchy. But something has felt different about the early days of President Trump’s second term, and I think it’s this: Attention, not cash, is the form of power that most interests him.”

White House Warns GOP Senators of ‘Consequences’

January 26, 2025 at 11:37 am EST By Taegan Goddard Leave a Comment

“The White House is seeking to send a message to reticent Senate Republicans to get on board with all of President Donald Trump’s nominees, warning of political consequences for those who defy him,” NBC News reports.

Said a senior White House official: “It’s pass-fail. You either support everyone or you don’t. The Senate needs to advise and consent, not advise and adjust.”

Trump Just Pardoned Himself

January 26, 2025 at 11:35 am EST By Taegan Goddard Leave a Comment

Jeffrey Toobin: “In simple terms, this means that in a few days, there will be no one in prison or facing any sort of criminal penalty for their actions at the Capitol on Jan. 6, 2021. Some, including Enrique Tarrio, the former leader of the Proud Boys who was pardoned after being sentenced to 22 years for seditious conspiracy, have already been released from their sentences.”

“The cases against them now disappear, as if they had never been brought, and the consequences of those convictions vanish as well. Former convicts, including those who assaulted police officers, will now have no restrictions on their right to purchase firearms; they will be free to bring guns to their next confrontation with authorities.”

“The pardon recipients now join Mr. Trump himself as former Jan. 6 defendants who are in the clear for their actions on that day.”

Capitulation Is Contagious

January 26, 2025 at 11:33 am EST By Taegan Goddard Leave a Comment

Adrienne LaFrance: “When fear spreads in a society, powerful people who know better are often the first to show their weakness.”

Trump Suspends Flights for 40,000 Afghans

January 26, 2025 at 11:22 am EST By Taegan Goddard Leave a Comment

“President Donald Trump’s foreign aid pause has forced a suspension of flights for more than 40,000 Afghans approved for special U.S. visas and at risk of Taliban retribution,” the AP reports.

Trump Has a New Operating Style

January 26, 2025 at 10:19 am EST By Taegan Goddard Leave a Comment

“President Trump is surprising — even frustrating — some longtime friends in his second administration’s early days with fewer leaks, a lack of exploitable rivalries, and tighter restrictions on access to him,” Axios reports.

“No modern president has done more — across more areas of American policy, culture and life — than Trump in the past six days. This new operating style and system enabled a strategy of flooding the nation with so many huge moves that it’s hard for critics to attack specific ones.”

CNN: “A deep familiarity with the trappings of the West Wing and the Executive Residence helped keep the president in a good mood all week, several people who spoke with him said, a sentiment that came alive in one appearance after another.”

Trump Unshackled

January 26, 2025 at 10:16 am EST By Taegan Goddard Leave a Comment

Dan Balz: “For President Donald Trump, the first week of his second term was everything he had promised, with multiple attacks on executive agencies, undocumented immigrants, perceived enemies and other obstacles. It was, however, only Week 1 of a four-year term and far too early for him to hang up any banner proclaiming mission accomplished.”

“The opening directives included scores of orders, actions and statements designed to disrupt agencies across the federal government and beyond. Together the week of activity underscored Trump’s determination to try to bring about wholesale changes far more radical and punitive than what he tried in his first term…”

“No single order in his first days in office was more alarming than the pardons. Ahead of the election, his opponents worried openly that there would be no real guardrails around Trump in a second term, that he would stock his White House and administration with loyalists and banish the types of advisers he regretted hiring in his first term. The pardons were proof that Trump will act as he wishes.”

Trump Believes U.S. Will ‘Get Greenland’

January 26, 2025 at 7:37 am EST By Taegan Goddard Leave a Comment

“President Donald Trump has said he believes the US will gain control of Greenland, after showing renewed interest in acquiring the autonomous Danish territory in recent weeks,” the BBC reports.

Said Trump: “I think we’re going to have it.”

Trump’s Executive Orders Have More Muscle This Time

January 26, 2025 at 7:20 am EST By Taegan Goddard Leave a Comment

Politico: “His first nearly five dozen executive actions are more numerous, go further and are better engineered than the ones he made in the earliest days of his first term in 2017, when he only signed one executive order on his first day and five in his first week.”

“This time around, many of Trump’s early actions took Biden-era policies directly to the paper shredder with rapid fallout or led to the immediate dismissal of some federal workers, for instance.”

For members: Breaking Down Trump’s Executive Actions

Democrats at a Crossroads

January 26, 2025 at 7:17 am EST By Taegan Goddard Leave a Comment

“House Democrats were preparing a united front to strategically counter President Donald Trump before he was sworn back into office. Then he signed a flurry of executive orders dismantling Democratic priorities,” the Washington Post reports.

“The whiplash after less than five days of drastic changes has tested House Democrats’ attempts to stay united against a far-right president who has long irked the party, but also won a significant swath of voters in November that Democrats are eager to win back. House Democrats — the only caucus in government to net seats during the 2024 election — find themselves at a crossroads over how best to do battle with Trump and congressional Republicans.”

How Redistricting Helped Republicans Win the House

January 26, 2025 at 6:58 am EST By Taegan Goddard Leave a Comment

A New York Times analysis of the nearly 6,000 congressional and state legislative elections in November “shows just how few races were true races. Nearly all either were dominated by an incumbent or played out in a district drawn to favor one party overwhelmingly. “

“The result was a blizzard of blowouts, even in a country that is narrowly divided on politics.”

South Korea’s Leader Is Indicted for Insurrection

January 26, 2025 at 6:56 am EST By Taegan Goddard Leave a Comment

“South Korea’s impeached and arrested president, Yoon Suk Yeol, was formally indicted on Sunday on charges of leading an insurrection last month when he briefly imposed martial law,” the New York Times reports.

“Mr. Yoon’s indictment means that his trial is likely to start soon. It follows the indictments of a former defense minister and several military generals and police chiefs, all of whom face criminal charges of helping Mr. Yoon commit the same crime.”

“He is the first president in South Korean history to face criminal charges while still in office.”

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Recess Appointment: A recess appointment is a presidential appointment typically requiring Senate approval that is made during a Senate recess.

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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