Trump 47

House Republicans cannot meet their own budget target that is necessary to pass President Donald Trump’s legislative agenda without making significant cuts to Medicare or Medicaid, the official budget scorekeeper says.

 
We have gone from prices will go down on day one to...yeah prices are going up even higher now, no we don't how much or how long , shut up and accept it

Tom Emmer admits Trump's trade war will hurt Americans: "There may be some short-time disruption that's going to result in some negative impacts, no question."

 
Republican lawmakers said President Trump’s call for Congress to “get rid of” the 2022 CHIPS and Science Act, which provided $52 billion for the domestic semiconductor manufacturing industry, is dead on arrival on Capitol Hill.

 
Republican lawmakers said President Trump’s call for Congress to “get rid of” the 2022 CHIPS and Science Act, which provided $52 billion for the domestic semiconductor manufacturing industry, is dead on arrival on Capitol Hill.

CHIPS act was one of the best things Biden did. So of course it has to go
 

Summary BBC​

  • Sweeping tariffs imposed on Mexican goods imported to the United States will be suspended until 2 April, President Donald Trump says
  • The one-month exemption includes goods covered under the USMCA trade agreement negotiated during Trump's first term
  • The announcement comes a day after the US announced temporary relief for carmakers on tariffs on Mexico and Canada
  • The US has enacted sweeping 25% tariffs on its North American neighbours earlier this week after previously delaying them for a month
  • Canada is expecting an exemption similar to the one given to Mexico, a government source tells the BBC
  • Trump has said he wants to use tariffs to protect US jobs and manufacturing, and trying to prevent illegal migration and drug trafficking
  • Earlier in the week, US stock markets had sunk in response to the tariffs over concerns the measures could lead to rising prices for consumers
 
With all this tariff/no tariff back and forth, it’s one of three things:
1. tRump is a genius and is always two moves ahead and his master plan is working
2. He has no effing clue what he is doing, and just makes decisions on a whim, whatever pops in his brain at the time.
3. He is helping out his buddies in the stock market. Tariff, buy…no tariff, sell or hold.
4. (Bonus) the magic 8 ball guides his decisions.
 

Trump convenes Cabinet and tells Musk and them: Musk has no authority to fire workers​


President Donald Trump convened his Cabinet in person on Thursday to deliver a message: You’re in charge of your departments, not Elon Musk.

According to two administration officials, Trump told top members of his administration that Musk was empowered to make recommendations to the departments but not to issue unilateral decisions on staffing and policy. Musk was also in the room.


The meeting followed a series of mass firings and threats to government workers from the billionaire Tesla founder, who helms the Department of Government Efficiency, that created broad uncertainty across the federal government and its workforce.

DOGE’s actions have faced ferocious resistance in court and criticism from Democratic lawmakers and some Republicans.

The president’s message represents the first significant move to narrow Musk’s mandate. According to Trump’s new guidance, DOGE and its staff should play an advisory role — but Cabinet secretaries should make final decisions on personnel, policy and the pacing of implementation.

Musk joined the conversation and indicated he was on board with Trump's directive. According to one person familiar with the meeting, Musk acknowledged that DOGE had made some missteps — a message he shared earlier this week with members of Congress.


Trump stressed that he wants to keep good people in government and not eject capable federal workers en masse, according to one of the officials. It is unclear whether the new guidance will result in laid off workers getting rehired.

The timing of the meeting was influenced by recent comments from Senate Majority Leader John Thune (R-S.D.), who said on CNN Tuesday that Cabinet secretaries should retain the full power to hire and fire, according to one official. The official said Trump has been flooded with similar concerns from other lawmakers and Cabinet secretaries.

The president’s admonition to agency heads could impact mounting legal scrutiny facing DOGE.

Judges have increasingly expressed frustration and bewilderment at the Trump administration’s inability to explain who is in charge of the bureaucracy-culling effort and whether Musk himself is playing any role in ordering up the steep cuts to programs and jobs.


Complicating the matter further, Trump declared during his address to Congress Tuesday that Musk is indeed the “head” of DOGE, a label that immediately reverberated in several of the Musk-focused court cases. Trump’s assertion conflicted with the White House’s representation in court last month that Musk had no independent authority to make policy decisions.

Judges will now have to decide whether Trump’s after-the-fact characterization of Musk’s role resolves the already-existing legal challenges to DOGE’s work.

It comes just as some of those lawsuits reach a new fact-finding phase that could produce more clarity on the SpaceX boss’ involvement in running the government.

A federal judge last week ordered sworn testimony from some DOGE officials and affiliates to more fully understand the group’s work. And two lawsuits aimed at stopping Musk himself — one in Washington, D.C. and one in Maryland — are reaching crucial milestones as well.

Those lawsuits allege that Musk has been exercising an unconstitutional degree of power for a government official who has not been confirmed by the Senate.

Link
 

Trump convenes Cabinet and tells Musk and them: Musk has no authority to fire workers​


President Donald Trump convened his Cabinet in person on Thursday to deliver a message: You’re in charge of your departments, not Elon Musk.

According to two administration officials, Trump told top members of his administration that Musk was empowered to make recommendations to the departments but not to issue unilateral decisions on staffing and policy. Musk was also in the room.


The meeting followed a series of mass firings and threats to government workers from the billionaire Tesla founder, who helms the Department of Government Efficiency, that created broad uncertainty across the federal government and its workforce.

DOGE’s actions have faced ferocious resistance in court and criticism from Democratic lawmakers and some Republicans.

The president’s message represents the first significant move to narrow Musk’s mandate. According to Trump’s new guidance, DOGE and its staff should play an advisory role — but Cabinet secretaries should make final decisions on personnel, policy and the pacing of implementation.

Musk joined the conversation and indicated he was on board with Trump's directive. According to one person familiar with the meeting, Musk acknowledged that DOGE had made some missteps — a message he shared earlier this week with members of Congress.


Trump stressed that he wants to keep good people in government and not eject capable federal workers en masse, according to one of the officials. It is unclear whether the new guidance will result in laid off workers getting rehired.

The timing of the meeting was influenced by recent comments from Senate Majority Leader John Thune (R-S.D.), who said on CNN Tuesday that Cabinet secretaries should retain the full power to hire and fire, according to one official. The official said Trump has been flooded with similar concerns from other lawmakers and Cabinet secretaries.

The president’s admonition to agency heads could impact mounting legal scrutiny facing DOGE.

Judges have increasingly expressed frustration and bewilderment at the Trump administration’s inability to explain who is in charge of the bureaucracy-culling effort and whether Musk himself is playing any role in ordering up the steep cuts to programs and jobs.


Complicating the matter further, Trump declared during his address to Congress Tuesday that Musk is indeed the “head” of DOGE, a label that immediately reverberated in several of the Musk-focused court cases. Trump’s assertion conflicted with the White House’s representation in court last month that Musk had no independent authority to make policy decisions.

Judges will now have to decide whether Trump’s after-the-fact characterization of Musk’s role resolves the already-existing legal challenges to DOGE’s work.

It comes just as some of those lawsuits reach a new fact-finding phase that could produce more clarity on the SpaceX boss’ involvement in running the government.

A federal judge last week ordered sworn testimony from some DOGE officials and affiliates to more fully understand the group’s work. And two lawsuits aimed at stopping Musk himself — one in Washington, D.C. and one in Maryland — are reaching crucial milestones as well.

Those lawsuits allege that Musk has been exercising an unconstitutional degree of power for a government official who has not been confirmed by the Senate.

Link
In summary. Trump realized they all looked like morons having to rush to very publicly rehire a lot of people that had been fired.
 
Only going to go after those MS 13 gang members, rapist and murders and convicted felons and those Bad Hombre's right. Literally targeting the easiest to find and most vulnerable as a quick way to get his deportation numbers up. It was NEVER about BAD OR CRIMINAL Illegal Immigrants. It was about brown people.....Same reason he is trying to roll back Birthright Citizenship...cause Brown People.


Trump raids will now target migrants who entered the U.S. as families with children

U.S. immigration agents are planning a new operation to arrest migrant families with children as part of a nationwide crackdown, according to three sources familiar with the planning.

The operation will target adults and minor children who entered the country together and have orders of deportation, the source said. After the families are arrested, agents will place them into detention before they are removed.


A separate operation to find children who entered the United States unaccompanied and were released without court dates is also underway, the sources added.

Sources said lawyers at Immigrations and Customs Enforcement are now working to secure warrants to enter homes to arrest families and children who entered the United States unaccompanied.

Spokespeople for the Department of Homeland Security and I.C.E. did not immediately respond to a request for comment.

During the 2024 presidential campaign, Trump and border czar Tom Homan said that plans for mass deportations would initially focus on migrants who had committed crimes. The new plans for national operations show that many of the families and children to be targeted do not have criminal histories.


Multiple past efforts​

Since 2014, the Obama, Trump and Biden administrations have all attempted to deter families and unaccompanied minors from crossing the border.

The Obama and first Trump administrations had ICE hold families in detention centers after they crossed the border until they were released with pending court dates.

In a more aggressive attempt to deter families from migrating to the U.S. in 2018, the first Trump administration enacted a“zero-tolerance” policy that separated adults and children from over 5,000 families that crossed the U.S.-Mexico border. After wide-scale condemnation, Trump reversed the policy.

After Joe Biden took office in 2021, his administration started a program that placed migrants who had crossed the border as part of a family on a path for expedited removal, which required the head of households to be tracked with an ankle monitor until the family was deported. The program was costly, former ICE officials say, and was limited to certain cities in the U.S.


Under a longstanding federal court settlement known as the Flores agreement, minors being held with their parents cannot remain in ICE custody longer than 20 days. Those rules could make the second Trump administration's new plan for large-scale family detentions more costly and logistically difficult than deporting single adults, two former ICE officials said.

This article was originally published on NBCNews.com
 

U.S. will collapse Iran's economy by shutting down its oil industry, Trump Treasury secretary says​


  • The Trump administration aims to slash Iran's oil exports to a trickle, Treasury Secretary Scott Bessent said
  • The goal of President Donald Trump's maximum pressure campaign is to tank Iran's economy, Bessent said.
  • "If I were an Iranian, I would get all my money out of the rial now," he said.

President Donald Trump's sanctions against Iran are designed to shut down the country's oil industry and "collapse its already buckling economy," Treasury Secretary Scott Bessent said Thursday.

The U.S. is deploying sanctions against Iran aggressively for "immediate maximum impact," Bessent told the Economic Club of New York. Trump's goal is to slash Iran's oil exports of 1.5 million barrels per day to a trickle, the Treasury secretary said.


"We are going to shut down Iran's oil sector and drone manufacturing capabilities," Bessent said. The administration also intends to cut off Tehran's access to the international financial system, he said.

Link for more

 

U.S. will collapse Iran's economy by shutting down its oil industry, Trump Treasury secretary says​


  • The Trump administration aims to slash Iran's oil exports to a trickle, Treasury Secretary Scott Bessent said
  • The goal of President Donald Trump's maximum pressure campaign is to tank Iran's economy, Bessent said.
  • "If I were an Iranian, I would get all my money out of the rial now," he said.

President Donald Trump's sanctions against Iran are designed to shut down the country's oil industry and "collapse its already buckling economy," Treasury Secretary Scott Bessent said Thursday.

The U.S. is deploying sanctions against Iran aggressively for "immediate maximum impact," Bessent told the Economic Club of New York. Trump's goal is to slash Iran's oil exports of 1.5 million barrels per day to a trickle, the Treasury secretary said.


"We are going to shut down Iran's oil sector and drone manufacturing capabilities," Bessent said. The administration also intends to cut off Tehran's access to the international financial system, he said.

Link for more

IMO this is a damn good idea. Don't know if it will work, but it's worth a shot.
 
IMO this is a damn good idea. Don't know if it will work, but it's worth a shot.
I look at it this way. US $/bbl has decreased about $5/bbl since inauguration. And no Trump is not the sole reason, but that’s another discussion. Rigs are down 8%ish yoy. Steel costs are getting ready to go through the roof. Labor costs are going to rise as field workers look to other sectors with immigration issues. O&G companies have churned through cash and many are looking to have to finance w debt w higher interest rates. Futures prices have hovered in low 70s to high 60s for some time now making it unappealing to hedge future production.

If Russia sanctions are lifted and they return more crude to market, prices will face even more downward pressure.

I’m not saying sanctions on Iran are a bad thing but I’m of the opinion that a healthy and vibrant domestic O&G industry is one of the proverbial canaries in the coal mine of the US economy. Right now that canary can’t take much more.

This is kinda a twofer.
 
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President Trump has for years exaggerated the size of US trade deficits with various other countries. Now, as Trump cites those trade deficits as a key justification for his tariff policies, newly released federal statistics show how wrong Trump’s numbers are. | Fact check https://cnn.it/3DmpiFq
 
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