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Treasury Sec. Bessent: Stock market decline won't deter U.S. from taking strong action against China
Youtube· 2025-10-15 13:07
Core Viewpoint - The current market concerns are more focused on trade tensions, particularly between the US and China, rather than the government shutdown, with recent developments around rare earth mineral restrictions escalating tensions [1]. Trade Relations - China is attempting to frame its actions as a response to US provocations, despite claims that the US is not to blame for the current situation [2]. - The conflict is characterized as a broader issue of China versus the world, not just a US-China problem, with international allies coordinating a unified response [3]. Economic Impact - The US has various levers to counteract China's actions, indicating that both sides possess significant economic leverage over each other [4][6]. - There is a desire to avoid damaging either economy, but the US is committed to asserting its sovereignty in trade matters [5]. Strategic Industries - The investment boom in the US is partly driven by a need to reshore strategic industries, including pharmaceuticals, semiconductors, shipbuilding, steel, and rare earths, which have been neglected in past administrations [7][8]. - The COVID-19 pandemic served as a catalyst for bringing back these industries, highlighting the importance of self-sufficiency in critical sectors [7]. Diplomatic Engagement - High-level communications between US and Chinese officials are ongoing, with efforts to maintain dialogue and prevent escalation [9][10]. - The relationship between the leaders of the US and China is seen as a stabilizing factor, contributing to the avoidance of further escalation in trade tensions [11]. Market Reactions - The stock market's performance is linked to economic policies rather than solely to trade negotiations, with the implication that strong measures against China will be taken if deemed necessary for economic health [12].
Fmr. Trump WH lawyer calls out ‘very thin’ case against Letitia James
NBC News· 2025-10-10 21:00
Here at home, the president's push to prosecute his political rivals is escalating as the Department of Justice has now indicted another longtime foe of the president. New York Attorney General Leticia James, a Democrat who brought a successful civil fraud case against Mr. . Trump before his second term, is facing charges of bank fraud and making false statements to a financial institution.She denies all wrongdoing and says this is payback from the president. These charges are baseless and the president's o ...
X @Bloomberg
Bloomberg· 2025-09-22 20:35
Rupert Murdoch and News Corp. asked a US judge to toss out President Donald Trump’s $10 billion libel lawsuit over a Wall Street Journal report on his alleged ties to the late Jeffrey Epstein https://t.co/RWRHxYgqhF ...
'Journalists are not going to do this': Why Pentagon press restrictions are 'outrageous'
MSNBC· 2025-09-22 15:51
Government Overreach & Media Restrictions - The Pentagon is limiting journalists' access, requiring them to agree not to publish certain information unless approved by defense officials, even if unclassified [1] - This policy change is viewed as an attempt by the government to control the narrative and restrict independent reporting [13] - Critics argue this turns Pentagon reporters into press agents, hindering their ability to expose waste, mismanagement, and issues affecting military personnel [7][8] - The policy is seen as a potential violation of the First Amendment and a threat to the role of the press as a watchdog [21] Historical Parallels & Concerns - The situation is compared to historical events like the Vietnam War and Watergate, where government deception was exposed by the press [16][19] - There are concerns that the lessons of Watergate are being forgotten, with potential abuses of power and restrictions on free reporting [18] - The public's support for independent media is crucial to ensure government accountability and the well-being of soldiers and citizens [22] Reactions & Resistance - Press organizations and reporters have widely condemned the Pentagon's new rules, with many vowing not to abide by them [11][12] - Despite the administration's stance, there is uncertainty about the enforceability of these restrictions [12]
'Trickle-down consequences' of Kimmel's suspension for democracy is 'very damaging': Journalist
MSNBC· 2025-09-19 16:07
Dominic, you have some new reporting about what's going on behind the scenes at Disney over this decision. What are you learning. Well, what we're learning on is that there are ongoing talks at the highest level with Kimmel and Disney executives like Dana Walden, the chair of Disney Entertainment, about trying to find what has been said to me is a pathway to getting Jimmy back on the air. Now, those those talks are happening at the same time as we're learning that there is dissent within some of the upper r ...
Trump files $15 billion lawsuit against New York Times over campaign coverage
MSNBC· 2025-09-16 11:32
Uh, President Trump says he is suing the New York Times for $15 billion dollar over claims of defamation and liel. He announced the move on social media, writing in part, "The Times has engaged in a decadesl long method of lying about your favorite president, me, my family, business, the America first movement, MAGA, and our nation as a whole." This comes almost a week after Trump threatened legal action over against the paper over a report alleging he had sent a sexually suggestive note to Jeffrey Epstein ...
'Guardians of PEDOPHILES': MSNBC columnist SLAMS GOP over Epstein files
MSNBC· 2025-09-07 17:12
One of Donald Trump's staunchest allies is breaking with the administration over the Jeffrey Epstein sagen. A new interview with the Wall Street Journal, Congresswoman Marjorie Taylor Green details why she's trying to force a vote to release the full Epstein files, stating, quote, "We campaigned on transparency issues like release the Epstein files and all of the sudden there's this hard stance coming from the Republican leadership and many of the members in the administration and I'm shocked by it and I th ...
Oversight Committee set to Epstein Estate documents, including Trump’s alleged birthday letter
MSNBC· 2025-09-05 21:13
Do you remember the story the Wall Street Journal broke about a birthday card Donald Trump reportedly wrote and slash illustrated for Jeffrey Epstein. this card. So apparently body and revealing captured the nature of Donald Trump's friendship with a notorious sex offender that when the Wall Street Journal first reported on it um this book put together by Gain Maxwell for Epstein, Donald Trump was so mad he sued the Wall Street Journal for defamation.Well NBC is reporting today that the House Oversight Comm ...
‘Not a credible witness’: Congresswoman rips ‘corrupt’ DOJ’s interview with Ghislaine Maxwell
MSNBC· 2025-08-23 00:27
remember one way or the other whether President Trump submitted a letter for his 50th birthday. >> I do not remember. >> Um and the the article that references a letter talks about um like a like either a naked a picture of naked woman or something like like that.Do you have any recollection of that. >> I do not. >> That was Galen Maxwell sh saying she does not recall that body birthday letter the Wall Street Journal reports Trump sent Epstein.This new audio coming on the same day Trump's DOJ sent the House ...
Why Detroit's mayor launched an Independent run for governor
MSNBC· 2025-08-14 16:51
Turn now to this headline from the Wall Street Journal's recent profile of Detroit Mayor Mike Dugen. He turned around Detroit as a Democratic mayor. Now he's ditching the party. To the surprise of many, the career Democrat recently left his longtime party and is now running for governor of Michigan as an independent. The Journal describes his campaign as quote, "A longshot bid in one of the nation's most closely divided swing states. " But Dugen has faced doubters before. He won his first mayoral primary as ...