President Donald J. Trump announced a landmark trade deal with Indonesia that will provide Americans with market access in Indonesia once considered impossible and unlock major breakthroughs for America’s manufacturing, agriculture, and digital sectors…
Finance
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Treasury Secretary Bessent Calls for a Review of ‘the entire’ Federal Reserve
“What we need to do is examine the entire Federal Reserve institution and whether they have been successful,” Bessent said during an interview on CNBC’s “Squawk Box.” “Has the organization succeeded in its mission? If this were the [Federal Aviation Administration] and we were having this many mistakes, we would go back and look at why has this happened.”…
VP Vance Breaks Tie to Advance “DOGE” Rescissions Bill Toward Final Senate Vote…
Vice President JD Vance cast two tie-breaking votes in the Senate late Tuesday to advance a $9.4 billion rescissions package that would claw back $1.1 billion from the Corporation for Public Broadcasting—which partially funds National Public Radio and the Public Broadcasting Service—along with $7.9 billion earmarked for the U.S. Agency for International Development…
Federal Reserve’s Fiscal Management Shamed over Ballooning $2.5 Billion Office Renovation…
The president and his administration could be laying the groundwork to remove Chairman Jerome Powell for cause…
Trump Announces 30% Tariffs Against European Union, Mexico Starting August 1…
“Our relationship has been, unfortunately, far from Reciprocal,” Trump told the EU…
Trump Tariffs Deliver Surprise Budget Surplus…
The federal government posted an unexpected budget surplus in June, fueled by a sharp rise in tariff revenues and higher-than-anticipated tax receipts, marking a notable vindication for President Donald Trump’s economic strategy….
Middle Managers Fade as AI Rises…
Average number of individual contributors per people manager at small businesses…
Treasury Secretary Scott Bessent Explains MAGA Policy Intent on Growing U.S Economy to Deal with Debt Crisis…
Appearing on CNBC to explain the big picture economics, Treasury Secretary Scott Bessent outlines how debt and deficit hawks are seemingly blind to the need for GDP growth to deal with federal spending…
BOOM BOOM BOOM: Economy Soaring Weeks After Democrats Declared ‘Trump Slump’…
They told you it was all going down in flames…
AFTER ‘8 HOURS OF HOGWASH’ FROM REP JEFFRIES, HOUSE REPUBLICANS PASS TRUMP’S ‘BIG BEAUTIFUL BILL’ – 218 – 214…
by ZeroHedge News Staff at ZeroHedge Update (1430ET): The republican response to Democratic leader Hakeem Jeffries’ record-breaking address was brief and to the point, as Rep Jason Smith retorted: “I come from the Show-Me State, and what we just heard can be defined in one word. A bunch of hogwash is what we’ve heard for eight hours […]
The One Big Beautiful Bill Act: A Comprehensive Holland & Knight Analysis…
When signed into law by President Trump, the legislation will deliver more than $1.5 trillion in deficit reduction and reshape federal policy across nearly every major sector of the American economy…
H.R.1 – One Big Beautiful Bill Act…
Here’s a direct link to congress.gov so you can read what is in H.R.1. – One Big Beautiful Bill…
U.S. and Vietnam Have a Trade Deal — U.S. Given ‘Total Access’ to Their Markets…
U.S. and Vietnam reach trade deal agreement…
The Big Beautiful Bill Now Back in The House – Speaker Johnson Timing Floor Vote…
With the BBB back in the House of Representatives, Speaker Mike Johnson now has the difficult job to push the bill to a final floor vote and get it to President Trump’s desk…
Florida Contractor Exposes Loophole That Lets Illegals Get Paid Legally…
Electrical Contractor in Florida breaks down exactly how illegals are able to exploit a legal loophole to get paid for working in the United States…
Treasury Secretary Scott Bessent Explains Severity of Response to Canada’s Digital Services Tax…
Treasury Secretary Scott Bessent outlines the details of what Canada did and why President Trump is responding so forcefully. Bessent also explains that the EU doesn’t have a digital services tax, but some European countries do…
Mexican President Sheinbaum Apoplectic at U.S. Sanctions Against Mexican Money Launderers…
In the quiet sphere, a few days ago Treasury Secretary Scott Bessent, a key player in the trade program, announced sanctions against three Mexican financial organizations that underline the influence of the Mexican cartels and the Mexican government…
Trump Announces Massive $88 Billion Haul from Tariffs to a Round of Applause…
The president then revealed that the current tariff strategy has already brought in more than $88 billion in additional revenue, which drew a loud round of applause and cheers from attendees…
‘Absolutely Infuriating’: Biden Admin Rushed Out $90 Billion in Green Loans after Trump’s 2024 Victory…
U.S. Secretary of Energy Chris Wright is slamming the Biden administration for what he calls an “absolutely infuriating” last-minute spending spree, revealing that more than $90 billion in green energy loans were pushed through by the Department of Energy’s Loan Programs Office in the weeks between President Donald Trump’s 2024 reelection and his January inauguration…
Utah Family Worked with Cartel to Smuggle $300M in Oil…
A Utah couple and their sons face federal charges following their arrests in April for allegedly working with Mexican cartels to smuggle more than $300 million worth of stolen oil into the U.S…