CEOs are desperately trying to convince Trump to reconsider his aggressive tariff policies, but their pleas are falling on deaf ears. He remains steadfast in his approach, leaving businesses scrambling to navigate the potential economic fallout. This unwavering stance is perplexing many, especially those who had hoped to influence his decisions through lobbying efforts.
The frustration is palpable as executives find their attempts to secure exemptions from these substantial tariffs repeatedly thwarted. They’re discovering that traditional lobbying tactics are proving ineffective because Trump operates largely independently, often making significant pronouncements, like those concerning tariffs, with little prior consultation, even with his closest advisors.… Continue reading
President-elect Trump appointed Devin Nunes, CEO of TruthSocial and former House Intelligence Committee Chairman, to chair the President’s Intelligence Advisory Board. Nunes, a long-time Trump ally known for his investigations into alleged anti-Trump bias within the intelligence community, will maintain his CEO position while advising the president. This appointment continues a pattern of Trump administration selections with ties to Trump Media & Technology Group. The advisory board provides independent assessments of the intelligence community’s performance directly to the president.
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Donald Trump’s presidency is feared to bring widespread suppression of free speech and criminalization of dissent, leveraging the Espionage Act. This World War I-era law, rarely used against spies, has been weaponized against whistleblowers revealing government misconduct under both previous administrations. Trump’s own indictment under this act, coupled with his administration’s aggressive use against journalists and leakers, sets a dangerous precedent. The Act’s secretive procedures, including pre-trial hearings in SCIFs, hinder transparency and due process. This, combined with the Biden administration’s failure to curtail its use, creates a significant threat to press freedom.
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Ukraine’s twice-delayed minerals agreement with the U.S. may be strategically timed for a Trump administration announcement, potentially framing the deal—involving significant reserves of minerals like lithium—as an early achievement. This delay follows broader Ukrainian efforts to cultivate a relationship with President-elect Trump, including a last-minute meeting in Paris orchestrated by Ukrainian officials. The deal’s potential value is estimated at $11.5 trillion in reserves across 20 minerals. Senator Lindsey Graham has voiced support for a deal, suggesting mutual benefits for both countries.
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President Trump, citing the USPS’s $9.5 billion fiscal year loss and substantial liabilities, has expressed interest in privatization. Discussions with his commerce secretary nominee, Howard Lutnick, indicate a potential overhaul impacting hundreds of thousands of federal employees and potentially disrupting shipping and supply chains. This plan, though lacking specifics, follows previous conflicts with the agency, including attempts to shift key functions to the Treasury Department. Despite its recent financial struggles, the USPS remains a highly-regarded institution with a long history and a recent success in handling mail-in ballots.
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Bringing down grocery prices, a key promise made during his campaign, is now acknowledged by Trump as a significantly challenging undertaking. He’s shifted from confident assertions of easily achievable price reductions to admitting the task will be “very hard.” This stark reversal highlights the complexities of economic policy and raises questions about the feasibility of his past pronouncements.
The difficulty, as he now explains, stems from the fact that prices have already risen, making any downward adjustment a much steeper climb than initially portrayed. It’s not simply a matter of flipping a switch; the economic forces at play are significantly more intricate.… Continue reading
Kash Patel’s nomination as FBI director has raised concerns among former FBI officials due to his lack of experience and potential for unchecked power. With Republican support secured and the current director’s impending resignation, Patel’s confirmation is highly likely. Former officials warn that this could lead to partisan investigations, manipulation of background checks, and access to sensitive files, all without the typical oversight mechanisms. Patel’s close ties to Trump and shared distrust of the FBI exacerbate these concerns, potentially jeopardizing the bureau’s integrity and operational effectiveness.
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Trump eyes privatizing the U.S. Postal Service, citing its financial losses. This isn’t a new idea, and it’s fueled by a long-standing debate about the Postal Service’s role in a modern economy. The argument often centers around the fact that it’s not a for-profit entity, and therefore shouldn’t be judged solely on its financial performance in the same way a private corporation would be. Many argue that the USPS provides a vital service to the entire nation, and that its worth extends far beyond simple profitability.
The claim of financial losses is often used as justification for privatization. However, a significant portion of these losses can be attributed to a Congressional mandate from 2006 that required the Postal Service to pre-fund its retiree health care benefits 75 years in advance—a unique and exceptionally burdensome requirement not imposed on any other entity.… Continue reading
Despite spending tens of millions of dollars on anti-transgender campaign ads, President-elect Trump now claims the bathroom debate is unimportant, affecting a “very small number of people.” He suggests the Supreme Court should decide the issue and agrees with Rep.-elect Sarah McBride that other matters warrant congressional attention. Trump’s recent statements directly contradict his campaign’s aggressive rhetoric targeting transgender individuals, particularly in ads falsely portraying Democratic nominee Kamala Harris’s stance on gender-affirming care. He now asserts his support for fair treatment of all people, irrespective of majority or minority status.
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President-elect Trump’s team is actively pursuing a ceasefire in the Ukraine conflict, engaging with Ukrainian and White House officials, though a concrete peace plan remains absent. While Trump publicly advocates for peace and has communicated with Zelenskyy, the extent of communication with Putin and the feasibility of securing Russian cooperation are unclear. Challenges persist, including Russia’s battlefield gains and potential unwillingness to concede, while Trump’s team may propose concessions such as delaying Ukraine’s NATO membership to facilitate negotiations. The Biden administration, however, expressed concern over such concessions.
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