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Bill Ackman warns Trump to call a timeout on trade war: 'This is not what we voted for'
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Billionaire hedge fund investor Bill Ackman, who endorsed President Trump last year, is offering a stark warning about the risks of the White House’s tariff plans, arguing they could cause the economy to collapse while hurting Trump supporters the most. “Business is a confidence game. The president is losing the confidence of business leaders around...
Stock futures drop sharply; Jim Cramer warns of new 'Black Monday'
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U.S. stock futures dropped sharply on Sunday evening as markets continued to signal a sell-off in the wake of President Trump’s massive reciprocal tariffs on trading partners. Dow Jones futures were down more than 1,700 points on Sunday evening at 6 p.m., pointing to what could be a disastrous day on Wall Street when markets...
Israel blocks 2 British lawmakers from entering country
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Israel blocked two British lawmakers from coming into the county, the two politicians said in a statement posted to social media Sunday. “We're astounded at the unprecedented step taken by the Israeli authorities to refuse British MPs entry on our trip to visit the occupied West Bank. It is vital that parliamentarians are able to...
Bessent: 'More than 50 countries' approached administration to lower tariffs, trade barriers and halt 'currency manipulation'
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Treasury Secretary Scott Bessent claimed Sunday that “more than 50 countries” have approached the Trump administration to bring down “non-tariff trade barriers,” reduce tariffs, and halt “currency manipulation” on their side. “More than 50 countries have approached … the administration about lowering their non-tariff trade barriers, lowering their tariffs, stopping currency manipulation,” Bessent said on...
Trump officials defend tariffs amid market, conservative unrest
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Trump administration officials fanned out across the media talk shows on Sunday to defend tariffs imposed by the president on just about every country on Earth. The reciprocal tariffs were long promised by President Trump, who feels the U.S. has been ripped off by trading practices of friends and foes that have run trade deficits...
Trump's Colorado portrait artist says career in jeopardy
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The artist behind a portrait of President Trump that hung at the Colorado Capitol for six years says the president's comments are "negatively impacting" her business. The portrait of Trump by Colorado Springs artist Sarah Boardman was removed last month after the president trashed the painting as "truly the worst" in a social media post...
Pope Francis makes surprise appearance at St. Peter’s Square 2 weeks after leaving hospital
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Pope Francis made a surprise appearance at St. Peter’s Square on Sunday, two weeks after he finished a recent hospital stay. Vatican News reported that official appearances were not on the Pope’s schedule for Sunday, but he went to St. Peter’s Square at the end of a Mass centered around healthcare workers and sick people. ...
Bessent calls tariffs 'a one-time price adjustment'
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Treasury Secretary Scott Bessent said on Sunday that President Trump's tariffs are a "one-time price adjustment," which he stressed is different from continuous price increases caused by inflation. In an interview on NBC News's "Meet the Press," moderator Kristen Welker asked Bessent about remarks from last January, when Bessent wrote, "Tariffs are inflationary." “Have you...
Lutnick says Trump tariffs on uninhabited islands prevent other countries from using 'loopholes'
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Commerce Secretary Howard Lutnick on Sunday defended President Trump’s tariffs even against uninhabited islands, saying they are intended to guard against loopholes. In an interview on CBS News’s “Face the Nation,” moderator Margaret Brennan asked why uninhabited territories, like the Heard and McDonald Islands, were included on the list that Trump displayed in the Rose...
Schiff: 'If we head into a recession, it will be the Trump recession'
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Sen. Adam Schiff (D-Calif.) said Trump is "wrecking the economy," adding that if the U.S. heads into a recession, it will be known as the "Trump recession." During an appearance on NBC News's "Meet the Press," Schiff was asked by host Kristen Welker about Trump's assurance that his global tariffs will create an "economic revolution." "I don't agree...
Liccardo says Bondi ‘undermining’ DOJ prosecutors’ aim to ‘do justice’
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Rep. Sam Liccardo (D-Calif.), a former prosecutor, said Attorney Gen. Pam Bondi is “undermining” the “fundamental professional ethic” at the Justice Department that says DOJ prosecutors are meant to “do justice.” In an interview on NewsNation’s “The Hill Sunday,” anchor Chris Stirewalt asked the California Democrat about reports that the DOJ is “getting rid of...
The US relationship with Canada is changing — here’s what you need to know
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This rebalancing of Canada's North Atlantic security relationships should not be seen as merely a kneejerk reaction to President Trump’s trade war provocations. Frankly, diversifying Canada’s trade and defense posture is run-of-the-mill geostrategic housekeeping that Canada should have been more serious about decades ago.
Rollins dodges questions on whether Trump tariffs are ‘here to stay’: ‘A lot to be determined’
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Agriculture Secretary Brooke Rollins repeatedly on Sunday sidestepped questions about whether President Trump's tariffs are "here to stay," as the president has suggested, or whether the United States is open to negotiating with other countries. In an interview on CNN’s “State of the Union,” Rollins defended Trump’s tariff strategy broadly when CNN anchor Jake Tapper...
Trump economic adviser defends tariffs: Not 'big effect' on US consumer
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National Economic Council Director Kevin Hassett defended President Trump's sweeping global tariffs that have stoked concerns about the United States economy. During a Sunday interview on ABC's "This Week," Hassett said he doesn't believe there will be a "big effect on the consumer in the U.S.," noting that over 50 countries are also "coming to the table"...
Live updates: New tariffs spark global outcry; Senate GOP advances Trump agenda
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Vulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy. Markets took a nosedive Thursday following Trump’s announcement of a general 10 percent tariff on goods imported to the U.S., along with other targeted tariffs on various U.S. trading partners. The financial environment...
Jaguar and Land Rover carmaker pauses shipments to US over Trump tariffs
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The company that makes Jaguar and Land Rover vehicles said on Saturday it would pause shipments to the U.S., as President Trump’s tariffs took effect this past week. Jaguar Land Rover Automotive, one of the largest UK automakers, described the move as a “short-term action” and said it would take the time to develop a longer-term...
Virginia GOP confirms Lt. Gov. will be sole nominee for governor's race in primary
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The Republican Party in Virginia confirmed on Saturday that the commonwealth’s lieutenant governor, Winsome Earle-Sears, will be the party’s primary nominee in the 2025 gubernatorial race. The announcement comes after no other GOP candidates qualified to appear on the ballot for the primary election, which will be held on June 17. As of Thursday night,...
Republicans brush off concerns about Musk's political liability
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Republicans are largely dismissing concerns about Elon Musk’s political liability in the wake of their loss in Wisconsin, where he played a central role. Their views so far seem to be reflected by President Trump, who has stood by Musk even as the tech billionaire has emerged as Democrats’ main foil amid sweeping anger over...
DOJ lawyer who criticized admin over Maryland man's deportation placed on leave
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The Department of Justice (DOJ) placed one of its senior immigration lawyers, who criticized the Trump administration over mistakenly deporting a Maryland man to a prison in El Salvador, on leave. Erez Reuveni, who represented the U.S. government in court on Friday in the deportation case of Kilmar Armando Abrego Garcia, who was sent to...
US revoking visas for South Sudanese passport holders
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The United States is revoking visas for South Sudanese passport holders because the country’s transitional government has not accepted citizens who were expelled from the U.S., according to the Secretary of State Marco Rubio. “As South Sudan’s transitional government has failed to fully respect this principle, effective immediately, the United States Department of State is...
Emhoff hits law firm over Trump deal: Report
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Former second gentleman Doug Emhoff reportedly criticized his law firm, Willkie Farr & Gallagher, for striking a deal with the administration to avoid potential blowback from President Trump as the White House has targeted other large legal firms in recent weeks. Emhoff, who joined Willkie Farr & Gallagher as a partner in late January this...
Zelensky hits US embassy over 'surprisingly disappointing' response to Russian strike
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Ukrainian President Volodymyr Zelensky criticized the U.S. embassy in Ukraine over its “surprisingly disappointing” response to Russia’s strike on the city of Kryvyi Rih, Zelensky’s hometown. Zelensky, in a lengthy Saturday post on X, accused the U.S. embassy in Ukraine of being afraid to mention Russia when commenting on the Friday attack that killed at...
Al Green says he’ll present articles of impeachment against Trump in next 30 days
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Rep. Al Green (D-Texas) said he will bring articles of impeachment against President Trump in the next 30 days, telling protestors at an anti-Trump rally in Washington that he does not “deserve” to hold the executive office. “We need a Senate that will convict him this time, and I want you to know, from my...
Spotlight turns to Booker as Dems look to fill leadership void
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Sen. Cory Booker’s (D-N.J.) record-breaking Senate speech this week is putting him squarely in the political spotlight as Democrats wonder whether he could be a presidential contender in 2028. Booker’s 25-hour speech aimed at combating President Trump’s moves in the White House gave Democrats a boost, especially as the party did better than expected in...
Sunday shows preview: New tariffs upset global trade; Senate GOP advances Trump agenda
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The world was caught in the crosshairs of President Trump’s tariffs on Wednesday which forced an outcry from foreign leaders across the globe following the shift in U.S. trade policy. The president of the European Commission said many felt “let down by our oldest ally” while her counterparts in China raced to retaliate. White House...
CNBC’s Liesman: Trump tariffs like steering Titanic ‘toward the iceberg’
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CNBC's senior economics reporter Steve Liesman said that President Trump’s new sweeping tariffs are equal to steering the Titanic “toward the iceberg.” “And I guess another way to think about it is this. You know, the Titanic hit an iceberg by accident. This is the equivalent of steering the Titanic towards the iceberg,” Liesman said...
New York public schools reject Trump DEI orders
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New York state education officials rejected President Trump’s administration's demand to do away with certain diversity, equity and inclusion (DEI) efforts, rebuking the Department of Education (DOE) amid threats of pulling funding over those efforts. The New York State Education Department officials said Friday, “We understand that the current administration seeks to censor anything it...
Can Georgia Meloni connect Trump’s America to its European allies?
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Italian Prime Minister Giorgia Meloni has established herself as a bridge between President Trump and America's European allies, leveraging her pragmatism and no-nonsense governing style to align with Trump's populist policy agenda, while also navigating contentious policy obstacles with European leaders.
Haberman on Trump tariffs, decision to skip soldier transfer: He's 'going to do what he wants'
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National political correspondent Maggie Haberman said President Trump's decision to skip the dignified transfer of four American soldiers who died last week and his sweeping tariff agenda show one thing: "He's going to do what he wants." "I think long ago he stopped caring about certain optics. And he's made very clear during this presidency,...
Senate Democrat blasts Trump’s TikTok moves as ‘illegal’
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Sen. Chris Murphy (D-Conn.) blasted President Trump over what the Democrat described as a plot to plant political influence on the TikTok platform. Trump granted the app’s parent company, ByteDance, a 75 day extension from Saturday’s divest or ban deadline. Several companies, such as Amazon, Oracle and Blackstone, have expressed interest in purchasing the app...
Adams's independent bid injects more uncertainty into NYC race
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New York City Mayor Eric Adams’s decision to run for reelection as an independent is injecting fresh uncertainty into a race that has been shaping up into a likely comeback for former Gov. Andrew Cuomo (D). Adams announced his decision Thursday after much speculation that he would forgo the Democratic primary amid long odds of...
NIH-funded research saved my life. Don't take the chainsaw to it.
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The NIH is considering a catastrophic cut to indirect cost reimbursements for public universities, which would hurt the economy and real people across the country, and jeopardize the future of medical innovation.
House GOP leaders urge support for Senate budget resolution as fiscal hawks balk
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House Republican leaders are urging their members to adopt the Senate’s version of the budget resolution that will tee up President Trump’s ambitious legislative agenda, arguing that major differences between the chambers' instructions on spending reductions do not prevent fiscal hawks from achieving their goals of historic cuts. In a “Dear Colleague” letter sent to members on...
Live updates: Anti-Trump protesters gather across the US; Senate passes budget deal
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Hundreds of thousands of demonstrators are hitting the streets across the country on Saturday in protest of President Trump and his administration. The “Hands Off!” rallies are taking place in more than 1,000 cities across all 50 states, and nearly 400,000 people have signed up to attend the protests, according to the progressive organization Indivisible, which...
McConnell calls out Trump for hiring 'amateur isolationists' at Pentagon, firing NSA director
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Former Senate Majority Leader Mitch McConnell (R-Ky.) is questioning President Trump’s decisions to pick “amateur isolationists” for senior policy jobs at the Pentagon and to fire Gen. Timothy Haugh, the head of the National Security Agency and U.S. Cyber Command, without explanation. “If decades of experience in uniform isn’t enough to lead the N.S.A. but...
Labor secretary lauds jobs report, Trump tariffs
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Labor Secretary Lori Chavez-DeRemer defended President Trump's decision to slap new tariffs on global trading partners, suggesting in a new interview that the additional import taxes will protect American workers. "I can tell you this, the president is focused on protecting the American worker through these tariffs. Fair trade practices are important to the American...
Stellantis joins Ford in offering employee discounts to public
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Multinational auto manufacturer Stellantis said Friday it would begin offering employee discounts to the public in an effort to cushion the blow from President Trump’s new tariffs. The move follows in the steps of Ford Motor Company, which announced a similar bargain earlier this week. Auto tariffs went into effect on April 3, the day...
Ousted FDA vaccine chief makes plea to families to vaccinate children
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Peter Marks, the Food and Drug Administration (FDA) vaccine official who resigned last week amid pressure from the Trump administration, urged families to continue vaccinating their children. Marks, who previously led the FDA’s Center for Biologics Evaluation and Research, pointed to concerns around Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. and his...
Trump defends tariffs after markets plunge for second straight day: 'Economic revolution'
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President Trump on Saturday took a victory lap over the sweeping new tariffs he levied on nearly all foreign trading partners, claiming the end result will serve as an "economic revolution." "We have been the dumb and helpless 'whipping post,' but not any longer," he wrote on Truth Social. "We are bringing back jobs and...
Senate Dems blast GOP over late-night passage of blueprint to protect Trump agenda
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Senate Democrats on Saturday blasted their GOP colleagues after the upper chamber advanced a budget blueprint overnight seeking to protect President Trump's legislative agenda. The resolution passed in the upper chamber early Saturday morning by a 51-48 vote, after the upper chamber held an hours-long "vote-a-rama" on a series of amendments. The blueprint outlines plans...
The Memo: Musk’s risks to Trump become starker
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The Elon Musk effect is being hotly debated in Republican circles this weekend, even as the reverberations from President Trump’s tariff policies dominate the headlines. Put simply, the question is whether Musk is an asset or liability to Trump. Speculation is rife once again that Musk could leave his role at the quasi-official Department of...
Are Trump’s tariffs a negotiating tool? Depends on whom you ask
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Businesses, consumers and foreign leaders are trying to assess just how set in stone President Trump’s tariffs are, as the administration and its allies send mixed signals about whether the measures are being used for leverage. Some Trump allies touted the tariffs — which have led to a massive stock market selloff and heightened fears of a recession...
Black veterans sound the alarm over military DEI purge
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Black veterans are warning that the Trump administration's effort to purge the Defense Department of its diversity, equity and inclusion (DEI) content is sending a negative message that could impact recruitment efforts. The Pentagon has faced backlash in recent weeks after efforts to comply with President Trump’s executive order banning DEI in the military resulted...
Senate passes budget, setting up showdown with House over Trump agenda
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Senate Republicans voted early Saturday morning to pass a budget resolution that will be critical to advancing President Trump’s legislative agenda, but the measure breaks with House Republicans on several big issues, setting the stage for a showdown between the two chambers later this year. The Senate voted 51-48 to pass the measure after a...