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09.05.26 - 04:33
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Is Marco Rubio The New Heir Apparent To Trump? (ZeroHedge)
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Is Marco Rubio The New Heir Apparent To Trump?
For months, the conventional wisdom inside Republican circles has been settled and simple: JD Vance is next. The vice president has led 2028 Republican presidential nomination polling by a country mile, averaging nearly 45.5 points in the RealClearPolitics aggregate — more than 30 points ahead of Donald Trump Jr. at 14.8% and Marco Rubio at 14%.
And yet, something shifted this week. One press briefing, and the betting markets started hedging.
Rubio stepped in as White House press secretary on Tuesday, covering for Karoline Leavitt while she's on maternity leave, and delivered what even the skeptics had to acknowledge was a polished, commanding performance. He defended the war in Iran before a press corps not exactly known for its generosity toward administration officials — and walked away with his standing improved. The room, by most accounts, was notably less adversarial than it tends to be when Leavitt or Trump takes the podium. Rubio was ...
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09.05.26 - 03:06
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Investors have worries about Trump′s pick for Fed chair. Should they? (SCMP)
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In an extraordinary break from the diplomatic restraint typical of central banks, a dozen leaders of the world's foremost monetary institutions issued a joint statement in January declaring their “full solidarity” with the US Federal Reserve and its embattled chair, Jerome Powell.
“The independence of central banks is a cornerstone of price, financial and economic stability in the interest of the citizens that we serve,” they wrote.
The move was intended to shore up the separation of monetary......
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09.05.26 - 02:42
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What The Indiana Primaries Tell Us About Trump′s Grip On The GOP (ZeroHedge)
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What The Indiana Primaries Tell Us About Trump's Grip On The GOP
Tuesday night's primaries in Indiana were not subtle. Five of seven Republican state senators who had blocked a congressional redistricting map favored by President Donald Trump lost their primary races to Trump-backed challengers. The message, delivered cleanly through the ballot box, couldn't have been clearer.
Twenty-one Republicans in the Indiana Senate voted against a new congressional map that would likely have added two GOP-leaning U.S. House districts. Eight of those dissenters were up for reelection this cycle, and seven drew primary challengers who carried Trump's explicit endorsement. By Tuesday night, the Associated Press had projected wins for at least five of those challengers. Only state Sen. Greg Goode managed to hold his seat among the targeted incumbents. The rest are heading for the exits.
Trump's play here was neither complicated nor ambiguous. He targeted members of his own party, not for ideological apo...
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09.05.26 - 01:48
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Wall Street Week | High Stakes Summit, New Zealand′s Brain Drain, Stablecoin Adoption, Bubbly Water (Bloomberg)
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This week, China thinks it's cracked the code on Trump heading into a summit in Beijing. And, what happens when a country's best and brightest travel overseas and stop coming back? Plus, the most useful thing about crypto might be the one nobody's talking about: cheap and fast cross-border payments. Later, the smartest bet in the sparkling water boom might not be on any brand, but on the companies behind them. (Source: Bloomberg)...
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