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01.08.26 - 04:12
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Trump Defends Anti-Weaponization Fund But Admits It′s Effectively ′Dead′ (ZeroHedge)
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Trump Defends Anti-Weaponization Fund But Admits It's Effectively 'Dead'
Authored by Jack Phillips via The Epoch Times,
President Donald Trump on Friday said that he still wants compensation for people he said were victimized by a weaponized federal government while acknowledging that a planned $1.776 billion anti-weaponization fund is “dead” after the Department of Justice walked it back amid congressional opposition and court rulings.
“It is dead,” Trump said at a Cabinet meeting on Friday.
“But I wish it weren't, to be honest with you. I think people were horribly treated, horribly abused … and I'd like to see them compensated for their pain.
“Their families have been ruined. Many, many suicides—they've committed suicide,” he also said in the meeting, which was held at Camp David, the presidential retreat in Maryland.
“People that were very successful, that wanted to go to a rally or an event and ended up spending the rest of their lives in horror.
“And this fun...
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01.08.26 - 04:01
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Amazon received $600M in Trump tariff refunds, will return some to customers (The Hill)
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Amazon said this week that it received hundreds of millions of dollars in refunds from President Trump's tariffs and pledged to return some of the profits to its customers. This follows a Supreme Court decision earlier this year that many of the Trump administration's tariffs were illegal, prompting the U.S. government to start a process......
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01.08.26 - 00:45
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Trump′s Jones Act Waiver Helped Avert Fuel Shortages Across These Key US Regions (ZeroHedge)
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Trump's Jones Act Waiver Helped Avert Fuel Shortages Across These Key US Regions
The Department of Homeland Security has issued the broadest Jones Act waiver since at least the 1950s, just weeks after the US-Iran conflict erupted. The measure has allowed foreign-flagged vessels to transport fuel, crude oil, fertilizer, and other essential goods between US ports, bypassing domestic shipping restrictions to mitigate supply chain disruptions across various U.S. regions.
The Jones Act, a century-old law requiring goods transported between U.S. ports to be carried aboard U.S.-Built, US-owned, and US-crewed vessels, was immediately waived in the early days of the U.S.-Iran conflict by the Trump administration.
As of Friday, the waiver has entered its 135th day, suggesting that the administration is continuing to protect domestic supply chains and curb energy prices by temporarily easing maritime protectionist restrictions.
A recent Reuters report stated that the Trump administration was considering...
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31.07.26 - 23:24
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Warsh Reportedly Considering Reducing Number of Fed Meetings (Bloomberg)
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Federal Reserve Chairman Kevin Warsh is considering reducing the frequency of the central bank's scheduled policy meetings, the New York Times reported Friday.
Warsh raised the proposal to change the frequency of meetings at this week's gathering of the Federal Open Market Committee, the paper added.
Bloomberg Managing Editor Kate Davidson said changing the schedule would be the biggest change for Warsh. (Source: Bloomberg)...
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