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Treasury Secretary Scott Bessent on industrial policy: We have to be vigilant
CNBC Television· 2025-10-15 13:35
Which trade negotiations beyond China, which I know is occupying a lot of your attention lately, are you are you most focused on. >> I I think we are about to uh finish up with Korea. >> Oh, is that going well.>> It's >> there was some question about the investment there. >> Yeah, it it's u as I said the devil's in the details, but we are ironing out the details. I think there'll be again good good thing about IMF and World Bank week brings a lot of people here so we'll be talking about that.President had a ...
X @Bloomberg
Bloomberg· 2025-10-12 21:15
Several cabinet ministers are concerned that Starmer has taken too generous an approach to Beijing and want him to commit clearly to prioritizing national security over any economic benefit from the relationship https://t.co/OS7c7NjanN ...
AG Bondi deflects questions about Tom Homan, Epstein files in Senate hearing
MSNBC· 2025-10-07 15:55
Alleged Bribery Scheme Investigation - An FBI investigation in 2024 revealed that Tom Homan allegedly offered to secure federal contracts in exchange for cash, accepting $50,000 in an undercover sting [3] - The investigation into Homan was reportedly stalled and shut down after Trump appointees entered the Department of Justice and the FBI [4][5] - Questions remain regarding the $50,000, including whether Homan kept it or reported it on his taxes [6] - The $50,000 was government money used in the undercover operation [8] DOJ Controversies and Ethical Concerns - Concerns are raised about potential top-down pressure from Trump regarding who to investigate within the DOJ [6] - Allegations of ethical misconduct against prosecutors, including directing subordinates not to follow court orders, are under investigation [13] - An attorney general nominee allegedly directed subordinates not to follow court orders, raising ethical concerns [13] Impact on National Security and Law Enforcement - Concerns are raised that national security leads and cases may be overlooked due to resource diversion within the DOJ [21] - Resources and personnel are reportedly being reassigned from counterterrorism to immigration-related measures [20] - The diversion of resources may lead to missed opportunities in preventing domestic and international terrorism plots [21][22] Suspicious Activity Reports (SARs) - There were 100 SARs (Suspicious Activity Reports) related to Jeffrey Epstein filed by banks and financial institutions [9] - Questions are raised about the investigation and findings of these SARs, which predate Epstein's prosecution [10]
President Trump says 25% tariffs on imported trucks will begin November 1
CNBC Television· 2025-10-07 10:30
Meanwhile, President Trump announcing tariffs for truck imports. In a post on Truth Social, Trump said starting November 1st, all medium and heavy duty trucks coming into the US are going to be hit with a 25% tariff. The White House is using a national security rationale for those levies.President Trump said last month they would protect manufacturers from unfair competition. US Chamber of Commerce has urged Commerce Department not to implement new tariffs. It says the top five importers to the US including ...
'Is your life worth less because you live in a blue state?': Trump tries to cut anti-terrorism funds
MSNBC· 2025-10-01 21:14
Funding & Security Concerns - The Trump administration is accused of using a government shutdown to potentially weaken the federal government's ability to function [1] - A federal judge blocked the Trump administration from withholding over $100 million in federal funds intended for New York Police Department, FDNY, and New York State Police programs [2] - These funds support critical counterterrorism efforts, including bomb squads, K-9 teams, chemical weapon detection, active shooter response training, and intelligence analysis [2][3] - New York has been attacked by foreign or foreign-inspired terrorists nearly twice as many times as the next most targeted state [4] - The governor of Massachusetts warns that cuts would affect information sharing among federal, state, and local agencies and response to active shooter situations [5] Political Targeting Allegations - The Trump administration is accused of targeting cities and states that do not align with its policies, particularly on mass deportations [6] - Funds originally intended for blue states are allegedly being redirected to states like North Carolina, Indiana, and Tennessee [7] - Cities and counties in California and Washington state are suing the Trump administration for demanding cooperation with ICE in order to receive $350 million in grants [8] - The Trump administration is simultaneously cutting counterterrorism funds and creating an apparatus to designate left-leaning groups and Democrats as terrorists [22][23] Potential Consequences - Pulling back counterterrorism funding could weaken the entire United States counterterrorism apparatus [11] - Former DHS chief of staff suggests that lives will be lost if this money is pulled back [19] - The Trump administration is accused of putting lives in blue states at greater risk by cutting counterterrorism and violence prevention programs [17]
'It's illegal': Retired general says military doesn't take up arms against innocent civilians
MSNBC· 2025-10-01 12:50
The deaths run most of the cities that are in bad shape. We have many cities in great shape, too, by the way. I want you to know that.But it seems that the ones that are run by the radical left Democrats, what they've done to San Francisco, Chicago, New York, Los Angeles, they're very unsafe places. And we're going to straighten them out one by one. And this is going to be a major part for some of the people in this room.That's a war, too. It's a war from within. Controlling the physical territory of our bo ...
X @Bloomberg
Bloomberg· 2025-09-29 22:01
National Security & Supply Chains - The Pentagon is adopting a tool more familiar to Wall Street than Washington to bolster supply chains [1] - The tool involves seeking equity holdings in producers of critical minerals [1] - This is deemed essential to national security [1]
‘Shouldn’t surprise anyone’: Trump now focuses on Christopher Wray
MSNBC· 2025-09-29 11:58
Our conversation continues with now it appears President Trump setting his sights on Chris Ray. Uh Jonathan Lamair give us the latest. >> Yeah, the president is hinting at a potential investigation into another former FBI director.On the heels of James Comey, this time Christopher Ray in an exclusive phone interview with NBC News. The president said he would quote would think the Justice Department was investigating Rey and accused the former bureau chief of inappropriate behavior during his time at the age ...
Presidnet Trump announces new tariffs on pharma, big trucks, furniture, kitchen supplies
CNBC Television· 2025-09-26 16:38
Tariffs and Trade Policy - The US is imposing a 100% tariff on branded or patented pharmaceutical products entering the country, starting October 1st, with exemptions for companies building drug manufacturing plants in the US [1][2] - A 25% tariff will be imposed on imported heavy trucks, also starting on October 1st [2] - New tariffs on kitchen supplies and furniture include 50% on kitchen cabinets, bathroom vanities, and associated products, and 30% on upholstered furniture, all starting October 1st [3] - Section 232 investigations are initiated on imports of robotics, industrial machinery, and medical devices, potentially leading to tariffs on these products [3] Economic Impact and Reactions - The trade war has caused a drop in Chinese purchases of American soybeans, leading to a mechanism to transfer tariff dollars to American farmers to offset the impact [4] - Concerns are raised about "crony capitalism" and the potential for businesses to seek exemptions from tariffs, favoring big and connected businesses [9][10] - The White House views the president as the "dealmaker chief" and sees the tariff policy as a deliberate strategy to improve the US economy, even if it means picking winners and losers [13][14] Legal and Political Considerations - Invoking national security for tariffs, such as on bathroom vanities, is seen as an attempt to find a firmer legal footing for the tariffs, potentially to defend them in court [15][16] - There is speculation that even if Democrats come into power, these tariffs may not be rolled back entirely due to the desire to protect American workers and maintain government revenue [20][21] - Exemptions from tariffs could become a tool for any president to favor certain players, including liberal billionaires or trade unions [22]
X @Arkham
Arkham· 2025-09-18 13:55
Financial Ecosystem & Security - Bitcoin and blockchain are taking center stage in the global financial ecosystem [1] - The American government needs to bolster financial and national security [1] National Security & Defense - State actors like North Korea undermine and destroy value from American enterprises [2] - Companies like Arkham are dedicated to bolstering defense and intelligence capabilities [2] - Defense and intelligence capabilities will be one of the most important topics of the 2030s [2]