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The Trump administration has undercut the U.S. asylum program. These 3 charts show how

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A new rule for asylum applications adds to the bevy of changes under the Trump administration to the core program for those fleeing persecution in their home countries.

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Trump public health nominees advance in Senate despite Democratic opposition over vaccines

Washington Examiner

6 minutes ago

Trump public health nominees advance in Senate despite Democratic opposition over vaccines

The Senate health committee greenlit two of President Donald Trump’s top public health nominees after scrambling last week to garner enough support for them because of doubts about their willingness to promote vaccines. Dr. Erica Schwartz, Trump’s nominee for the Centers for Disease Control and Prevention, along with Sean Kaufman, the nominee for a pandemic […]

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Rebellion against 'oblivious' Trump tanks Dow in worst day of the year

Alternet.org

29 minutes ago

Rebellion against 'oblivious' Trump tanks Dow in worst day of the year

Many critics anticipated that when President Donald Trump appointed Kevin Warsh as chairman of the Federal Reserve, he was getting a hack who would follow Trump’s order to cut rates regardless of the explosive consequences.On Wednesday, that’s not what happened — and Trump is likely stewing.“[Warsh’s] hard line on inflation must have … surprised Warsh’s patron, President Trump,” argued American Prospect co-founder Robert Kuttner.The Federal Reserve refused to lower interest rates from its current target range of 3.5 to 3.75 percent for short-term rates. Worse for Trump, the vote of the whole fed was 9-to-3, with three regional bank presidents voting to raise the target range for the federal funds rate by a quarter percentage point. Kuttner said this was the first time since 2016 that three officials dissented in the same direction.“The split vote signals that the Fed, despite President Trump’s wishes for a rate cut, is likely to vote for a rate hike between now and the November midterms. That’s because several factors, some of them of Trump’s own making, are increasing inflation, including the Iran war and retail price increases resulting from Trump’s tariffs,” said Kuttner.The decision to keep rates steady “tanked the Dow,” according to CNN anchor Kasie Hunt, delivering “the worst trading day for more than year.”But if Trump is stomping around the White House right now he only has himself to blame, said Kuttner.“Our impulsive and oblivious president is not good at connecting dots. One set of Trump policies raises inflation, while Trump pressures the Fed to ignore the problem and cut interest rates,” said Kuttner. “In his report to Congress on July 15, Kevin Warsh … surprised many observers by ignoring the Fed’s ‘dual mandate’ to pursue both price stability and high employment. In fact, Warsh had said, “The members of our [Federal Open Market] Committee have no tolerance for persistently elevated inflation. And we share a resolute commitment to restoring price stability.”Plus, Kuttner said Warsh made no mention at all of employment, implying Trump should have seen this coming.“Bonds are under pressure because of the massive increases in the federal debt under Trump, compounded by a lot of borrowing for the AI bubble and data center build-out. In many respects, these signals are a more important factor in Fed thinking than the month-to-month inflation rate,” Kuttner said. Worse for Trump, there are two more meetings of the policy-setting Federal Open Market Committee between now and November, when Trump’s voters are likely to show Trump how unhappy they are with his economy. And the challenge facing the Fed is that the widely expected rate hike won’t even be able to act fast enough to fix what’s broken about Trump’s economy.“And since the inflation is not the result of overheated demand but of the impact of the Iran war and Trump’s tariffs, higher rates will not moderate these prices,” said Kuttner. “But leaving rates alone would signal an indulgence of inflation that Warsh and his colleagues want to avoid.”

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Trump panics over E. Jean Carroll's 'irretrievable' plans for $5M payout

Raw Story

36 minutes ago

Trump panics over E. Jean Carroll's 'irretrievable' plans for $5M payout

President Donald Trump took urgent court action this week against writer E. Jean Carroll, arguing that her use of a $5 million sexual abuse defamation payout would make the funds "irretrievable."A 2023 jury found Trump liable for sexually abusing Carroll in a Bergdorf Goodman department store dressing room in 1996 and defaming her when she went public with the allegations, according to the AP.The jury awarded her $5 million. With interest, the total reached $5.8 million, according to court records. Carroll's attorneys said that she has invested the funds in a retirement account.According to court records, the Supreme Court declined to hear Trump's appeal on June 29. Carroll collected the full amount by July 14."Defendant has lost before a jury, the district court, a unanimous Second Circuit panel, the full Second Circuit, en banc, and the Supreme Court of the United States," Carroll's lawyers wrote in a court filing.Carroll's lawyers noted it was Trump's seventh appeal across two related cases. U.S. District Judge Lewis Kaplan said Trump "has been stalling this case for years."Trump asked the Supreme Court to reconsider its denial — a procedure that succeeds roughly 0.08% of the time, according to Carroll's filing. He also asked a federal appeals court to order Carroll to hand the money back.Her lawyers had previously told the court the money would go into a plain interest-bearing account — but Carroll put it somewhere else."Now that the funds have been released, they are investments for her retirement," Trump's lawyers wrote in a July 27 filing.Trump's lawyers called that a "bait-and-switch" — she had used the promise of a secure account to block an emergency court order, they argued, then moved the money into stock market investments once it was out of court control."That reversal is devastating to Plaintiff's opposition," Trump's lawyers wrote.The funds are now "subject to Plaintiff's whims," his lawyers argued, pointing to her "publicly announced plans to distribute money recovered from President Trump to third parties.""President Trump faces irreparable harm," his lawyers wrote, demanding Carroll return the money to the Court Registry Investment System — a secure court-controlled account where it had sat since 2023."This extraordinary request is procedurally improper, substantively meritless, and yet another example of Defendant's pattern of 'slow-roll[ing] his defenses, asserting or inventing a new one each time his prior effort to delay the case fails,'" Carroll's lawyers fired back.Trump's rehearing petition has since been distributed for Supreme Court conference. Carroll asked the appeals court to hold the return-the-money motion until the Supreme Court acts. Trump's lawyers said the court should rule now.

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Bloomberg Politics

48 minutes ago

Kevin Warsh Sparks Bond Rout After Fed Decision; US Strikes Iran Again | Daybreak Europe 7/30/2026

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, US 30-year treasury yields hit their highest since 2007 after the Federal Reserve held interest rates for the fifth straight meeting. The hold raised doubts about Chairman Kevin Warsh's commitment to tackling inflation. Samsung reported a 250-fold jump in profit at its semiconductor arm, easily beating expectations. Microsoft’s cloud unit grew at the fastest clip in four years. Today's guests: Jean-François Decaux, JCDecaux, Co-CEO; Ellie Henderson, Investec, Economist & Olivier Blum, Schneider Electric, CEO (Source: Bloomberg)

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'Can they deliver?' Frantic Trump turns to tech bros as weapon stockpile dwindles

Raw Story

1 hour ago

'Can they deliver?' Frantic Trump turns to tech bros as weapon stockpile dwindles

President Donald Trump faces a critical weapons shortage as his war with Iran continues — and now he's turning to an unlikely source for help: tech bros. Defense Secretary Pete Hegseth conferred an urgent meeting with a number of defense technology startups to get help with improving the military's operational efficiency, according to The Washington Post's Thursday morning report. "Leading defense tech firms were summoned," the report stated, "including AI-aircraft software company Shield AI, the autonomous weapons firm Anduril, cruise missile start-up CoAspire and low-cost munitions maker Castelion." The Iran war has reduced America's munitions stockpiles, a problem exacerbated by the fact that some experts say they weren't prepared for the level of damage and losses they would sustain from Iranian drone warfare.Trump's administration has both tried to deny a shortage and blame former President Biden for it — sometimes in the same interview. According to the Washington Post, this crisis represents "a major test for the Trump administration, which has turbocharged its relationship with Silicon Valley and made collaboration with start-ups a core part of its weapons acquisition process."Jerry McGinn, the director of the Center for the Industrial Base at the Center for Strategic and International Studies, told the Post he's skeptical Trump and the tech bros can pull off their plans. “It’s one thing to build … it’s another thing to then mass produce,” said McGinn. “Can they deliver?”

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'Expertise is for chumps': New 'golden ticket' Trump 'grift' exposed by fuming analyst

Raw Story

1 hour ago

'Expertise is for chumps': New 'golden ticket' Trump 'grift' exposed by fuming analyst

President Donald Trump has a new scheme going to channel more taxpayer money to tech bros, a political analyst has revealed. Public Notice's Lisa Needham argued Thursday that a new White House "Report to the President" represents nothing more than Trump's latest "grift." The report, authored by Michael Kratsios, the Director of the White House Office of Science and Technology Policy, claims, as described by Needham, that "scientific research is run like a Trump family business, artificial intelligence is all that matters, profit is everything, and expertise is for chumps."Neeham described Kratsios's report as laden with questionable "business-speak" and disparaging remarks directed at universities for causing “administrative burdens on researchers."Kratsios focuses heavily on reducing regulatory burdens on Big Tech, she wrote. The White House report also suggests making various research teams "compete" with each other for prizes, and designating individuals at agencies to issue "golden tickets" to “recommend unconventional proposals."The report further recommends cutting funding to universities, while allowing "hands-on experience and industry credentials" at tech companies to count as credits toward degrees."It’s painfully clear that what Katsios is trying to do here is turn the whole of government science research and funding into the sort of 'move fast and break things' paradigm that is the hallmark of big tech," wrote Needham. "Tech bros are already living high off the hog in this administration. They don’t need any more of our tax dollars. Hopefully this new golden age never comes to pass."

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'This is wild:' CNN analyst stunned by young voters' dramatic shift on Trump

Raw Story

1 hour ago

'This is wild:' CNN analyst stunned by young voters' dramatic shift on Trump

A dramatic reversal among a crucial voting bloc is emerging as the defining story of the 2026 midterm landscape, according to new polling analyzed by CNN's Harry Enten.In the fall of 2024, voters under 50 gave Kamala Harris only a narrow three-point edge over Donald Trump, but today, the president's net approval rating among that same group has collapsed to negative 41 points in CNN's polling average — a swing of roughly 38 points against the president. By contrast, voters 50 and older have moved against Trump by less than half that amount, a shift of under 15 points."How big is this shift?" Enten said. "Yeah, I mean, we are talking about an absolutely huge shift, a 180 – young voters are fed up and they're taking their anger out on President Trump."That shift is now bleeding into congressional races even though Trump himself isn't on the ballot. In the fall of 2024, Democrats led Republicans by four points among under-50 voters in generic House matchups. That lead has since more than quadrupled to 17 points. Among voters 50 and older, the picture is essentially unchanged, with Republicans holding a six-point edge, down only slightly from an eight-point lead.The trend looks even starker among the most motivated voters, a group pollsters watch closely given midterms' historically lower turnout. Democrats held just a two-point lead among extremely motivated under-50 voters in 2024. That lead has since ballooned to 46 points, a shift Enten described as the kind of swing that produces genuine wave elections."That's wild," said CNN's Kate Bolduan."This is wild," Enten agreed. "This is a wild shift – taking the words right out of my mouth. We're talking about a 44-point shift amongst those who are extremely motivated to turn out and vote." - YouTube youtu.be

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'Prepared to vote no': GOP Senate holdout drops live-TV bomb on Trump

Raw Story

1 hour ago

'Prepared to vote no': GOP Senate holdout drops live-TV bomb on Trump

Sen. John Cornyn (R-TX) made it clear during an impromptu interview on MS NOW that he is prepared to stop acting Attorney General Todd Blanche from assuming the permanent position. As MS NOW host Stephani Ruhle was discussing Blanche’s travails at getting out of the Senate Judiciary Committee, she broke away to Ali Vitali, who had flagged the unaccompanied Cornyn down in a hallway."Hold!" Ruhle cried. "Ali's actually talking to John Cornyn right now." MS NOW swiftly cut to Vitali and Cornyn as he delivered some blunt truths to Trump. “We want Blanche to conform the settlement documents and the tax lawsuit to what a sworn testimony was in the hearing," he said."I don't know whether it's the White House, or somebody who works there, or somebody works for the president is basically telling them, 'Don't agree to those terms' — and so we're kind of back to square one.”“We’re line now on MS NOW,“ Vitali told the Texas Republican. “As you think through what you need from DOJ, if they’re not able to give you the narrower look at that IRS immunity deal, does that mean you are willing to vote no?”“I am prepared to vote no,” he answered. “I owe it to my constituents and, to Mr. Blanche to try to negotiate in good faith. And that's what we've been doing."When asked if Cornyn had spoken to Trump, he replied, "No." "He could fix this in a minute," said Cornyn. "But I don't know who he's listening to." - YouTube youtu.be

Far Left

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The Trump administration has undercut the U.S. asylum program. These 3 charts show how

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The Trump administration has undercut the U.S. asylum program. These 3 charts show how

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Bloomberg Politics