Climate Change Could Become a Global Economic Disaster
Β© Cristobal Herrera-Ulashkevich/EPA, via Shutterstock
Β© Cristobal Herrera-Ulashkevich/EPA, via Shutterstock
Β© Georgina McCartney/Reuters
Β© Julio Cortez/Associated Press
Β© Jason Andrew for The New York Times
Massachusetts Democratic Sen. Elizabeth Warren defended her calls for the Securities and Exchange Commission to investigate President Donald Trump over accusations of market manipulation and insider trading, saying such an investigation is "entirely appropriate."
"That's what investigations are for. And it's entirely appropriate to have an investigation to make sure that Donald Trump, Donald Trump's family, Donald Trump's inner circle didn't get advance information and trade on that information," Warren told CNN's Jake Tapper on Sunday during an appearance on "State of the Union."Β
Warren, alongside a handful of other Senate Democrats such as Oregon's Ron Wyden and New York's Chuck Schumer, wrote a letter to the SEC chief on Friday calling for an investigation into alleged market manipulation following Trump's reciprocal tariff announcement and subsequent 90-day pause to the customized tariffs he leveled on foreign nations.Β
"We urge the SEC to investigate whether the tariff announcements, which caused the market crash and subsequent partial recovery, enriched administration insiders and friends at the expense of the American public and whether any insiders, including the Presidentβs family, had prior knowledge of the tariff pause that they abused to make stock trades ahead of the Presidentβs announcement," the Senate Democrats wrote in their letter to SEC Chair Paul Atkins on Friday.Β
The White House slammed calls for investigations into market manipulation last week in comments provided to Fox Digital that accused Democrats of playing "partisan games."Β
NANCY GOT βFILTHY RICH,β BUT NOW DEMS WANT TO LOOK AT STOCK MANIPULATION?: JESSE WATTERS
"It is the responsibility of the President of the United States to reassure the markets and Americans about their economic security in the face of nonstop media fearmongering. Democrats railed against Chinaβs cheating for decades, and now theyβre playing partisan games instead of celebrating President Trumpβs decisive action yesterday to finally corner China," White House spokesman Kush Desai said in comment to Fox Digital when asked about Democrats claiming Trump manipulated the market.Β
When asked on Sunday if Warren had actually seen evidence of alleged insider trading, she responded: "Well, there are people who have looked at what happened to purchases and to calls just before he made that announcement that caused the stock market to skyrocket."
She continued on Sunday that members of Congress should also be subject to a rule barring them from trading individual stocks.Β
"This is how the stock market works in order to make sure on a consistent basis that nobody's trading on inside information. And, by the way, Jake, the same thing should apply to Congress. And that is, we should have a rule that no one in Congress canβ¦ trade in any individual stocks, no senator, no representative. I have had that bill for a long time. It's got a lot of support," she told Tapper.Β
DONALD TRUMP'S ALLIES, SUPPORTERS AND DONORS, LED BY ELON MUSK, PUSH TO END TARIFF WAR
Sens. Adam Schiff, D-Calif., and Ruben Gallego, D-Ariz., wrote a letter on Thursday to White House chief of staff Susie Wiles, as well as Trade Representative Jamieson Greer, also calling for an investigation into potential insider trading.Β
Trump, ahead of pausing the reciprocal tariffs on Wednesday of last week, posted to Truth Social, "BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before!" and "THIS IS A GREAT TIME TO BUY!!! DJT." The president had previously said he would not pause tariffs but was open to negotiating with other nations.Β
Trump paused only the higher, customized tariffs he placed on nations that historically installed trade barriers on U.S. goods, with nations across the world instead facing a lower 10% tariff on goods, as the Trump administration and world leaders hash out negotiations for the reciprocal tariffs.Β
China, however, was not part of the tariff pause and was instead hit with a higher 125% tariff after retaliating with its own additional tariffs against the U.S.
Warren continued in her remarks that tariffs can "be an important tool in the toolbox when used in targeted ways," but accused Trump of spreading "chaos" through the implementations of his tariff plans.
"Right now, what we have got is chaos and corruption. Donald Trump has imposed a tariff on everyone everywhere, on all products. That's the 10% tariff. Of course, it was much higher earlier in the week, and now in this trade war with China that basically tries to shut down all trade," she said.Β
Democrats are using taxpayers' funds to attract millions of illegal immigrants, says Elon Musk,Β leader of the White House's Department of Government Efficiency (DOGE).
The post Elon Musk: Democrats Use Taxpayer Funds to Encourage Illegal Migration appeared first on Breitbart.
The Department of Government Efficiency (DOGE) has stopped millions of U.S. tax dollars from going to outlandish overseas programs, including $10 million to "voluntary medical male circumcisions" in Mozambique, the watchdog initiative announced.
The post DOGE Stops $10 Million in Taxpayer Funds from Paying for Circumcisions in Mozambique appeared first on Breitbart.
The Washington, DC, area housing market has seen an increase in homes being listed for sale as more government employees have either been laid off or have accepted buyouts.
The post D.C. Housing Market Sees Increase in Homes for Sale as Federal Workers Laid Off appeared first on Breitbart.
βFor purposes of this United States Policy, we will consider Countries that use the VAT System, which is far more punitive than a Tariff, to be similar to that of a Tariff,β Trump wrote.
The post Trump Expands Reciprocal Tariff Policy to Include VATs, Non-Tariff Barriers appeared first on Breitbart.
President Donald Trump said the U.S. will be "flooded with jobs" as foreign trading partners move industries to American soil to avoid tariffs.Β
"They can build a factory here, a plant or whatever it may be, here," Trump said Thursday afternoon from the Oval Office. "And that includes the medical, that includes cars, that includes chips and semiconductors. That includes everything. If you build here, you have no tariffs whatsoever. And I think that's what's going to happen. I think our country is going to be flooded with jobs."
Trump said U.S. consumers could see prices rise in the "short term" due to the tariffs, but that prices will lower and that industries across the board would benefit.Β
"And I think the farmers are going to be helped by this very much because product is being dumped into our country and our farmers are getting hurt very badly by the last administration," Trump said. "The last administration hated our farmers, like, at a level that I've never seen before. I think our farmers are going to be helped. Jobs are going to be helped. But our farmers are going to be helped, our manufacturers are going to be helped."Β
TRUMP SIGNS 'RECIPROCAL' TARIFF PLAN FOR COUNTRIES THAT TAX US GOODS
"And again, if somebody wants to come in, including the car companies, if they want to come in and build car plants, they'll do it without tariffs. And therefore, prices won't go up. There could be some short-term disturbance, but long term, it's going to it's going to make our country a fortune," he added.Β
FENTANYL'S FINANCIAL GRIP ON US SKYROCKETED TO $2.7T AT HEIGHT OF BIDEN ADMIN: STUDY
Trump announced on Thursday that he will impose "fair and reciprocal" tariffs on all major U.S. trading partners.Β
The plan includes tapping Howard Lutnick, Trump's nominee for commerce secretary, to produce a report on reciprocal trade relations within 180 days. Lutnik said Thursday that he will have the report ready for Trump by April 1.Β
"On trade I have decided for purposes of fairness, that I will charge a reciprocal tariff β meaning whatever countries charge the United States of America, we will charge them no more, no less. In other words, they charge us a tax or tariff and we charge them the exact same tax or tariff. Very simple," Trump said at the White House of the tariff plan.Β
Trump's reciprocal tariff announcement follows him leveraging tariffs against Mexico, Canada and China earlier in February. The tariffs were created in light of "extraordinary" threats stemming from "illegal aliens and drugs, including deadly fentanyl," according to Trump's executive order authorizing the tariffs.Β
Trump's order authorized tariffs through the new International Emergency Economic Powers Act. It included 25% tariffs on imports from Canada and Mexico and a 10% tariff on imports from China. Energy resources from Canada would have a lower 10% tariff.
TRUMP IMPOSES TARIFFS ON IMPORTS FROM CANADA, MEXICO AND CHINA: 'NATIONAL EMERGENCY'
Both Canada and Mexico agreed to concessions with Trump the day before the tariffs were set to take effect, pledging to send additional security personnel to their respective borders with the U.S. Trump agreed to pause the tariffs on the two nations for one month in light of the border security concessions.Β
China, on the other hand, imposed tariffs on some U.S. imports in response to Trump's tariffs.Β
Fox News Digital's Greg Norman contributed to this report.Β
Senior Trump administration officials say President Donald Trump and Indian Prime Minister Narendra Modi will discuss defense, energy, infrastructure, trade, and regional partnerships on Thursday.
The post Trump Administration Officials Preview Modi Meeting: U.S.-India Partnership Is Perhaps βMost Critical Bilateral Relationship of the 21st Centuryβ appeared first on Breitbart.
Apple has resumed advertising on X for the first time since pausing ads more than a year ago, following the trend of major advertising "pausing" their spending on Elon Musk's platform due supposedly to concerns about "brand safety."
The post Apple Resumes Advertising on Elon Muskβs X After Year-Long Absence appeared first on Breitbart.
Elon Musk's X has agreed to pay approximately $10 million to settle a lawsuit filed by former President Donald Trump.
The post Elon Muskβs X to Pay Donald Trump $10 Million Settling Censorship Lawsuit appeared first on Breitbart.
President Donald Trump has found an ally in the Senate, at least on his plan to stop creating new pennies.
Sen. Jacky Rosen, D-Nev., came out in support of Trump's latest proposal on Tuesday, calling it a "common sense move."Β
The Democrat represents a battleground state that both she and Trump won in 2024.Β
SCOOP: TRUMP BUDGET CHIEF VOUGHT TELLS GOP SENATORS $175B NEEDED 'IMMEDIATELY' FOR BORDER SECURITY
Over the weekend, Trump announced that he "instructed my Secretary of the US Treasury to stop producing new pennies."
"For far too long, the United States has minted pennies which literally cost us more than 2 cents," the president wrote on Truth Social.Β
"Letβs rip the waste out of our great nationβs budget, even if itβs a penny at a time."
NOEM, HEGSETH, BONDI PLEAD WITH CONGRESS FOR MORE BORDER FUNDING AMID LARGE-SCALE DEPORTATIONS
Rosen took to X on Tuesday, writing, "Iβm not afraid to embrace a good idea when it comes from the other side of the aisle, and I agree with President Trump on this."
"Eliminating the penny is a common sense move thatβll save taxpayer dollars," she said.Β
She isn't the only Democrat who has come out in support of Trump's idea.Β
LORI CHAVEZ-DEREMER: THE LITTLE-KNOWN TRUMP NOMINEE WHO MAY NEED TO RELY ON DEMS
"As well as saving taxpayers hundreds of millions of dollars, there are major environmental benefits to eliminating the penny. This is a great move," Gov. Jared Polis, D-Colo., said of the president's plan.Β
Trump's unlikely Democratic backers come as much of the party has revolted amid his Department of Government Efficiency's efforts to aggressively audit and slash spending at executive branch agencies and departments.Β
Lobbyists are submerging Trump and many GOP politicians under a sea of friends and allies who call for more migration into the well-paid jobs needed by Americans.
The post Report: Pro-Migration Lobbyists Plan to Surround, Submerge Donald Trump appeared first on Breitbart.