New financial disclosures by President Donald Trump show that he made more than $1.4 billion from his family’s various cryptocurrency ventures last year, reaping a windfall after pulling back on regulation of the industry and promoting the United States as “the crypto capital of the world.” Other Trump businesses, like his resorts and golf courses, have also flourished since his return to the White House, while the Trump Organization has also licensed the family name to properties in countries that are crucial to U.S. foreign policy interests, including Saudi Arabia and Qatar.
“It’s been an incredibly successful period for the Trump family,” says Reuters investigative reporter Tom Bergin.
Former special counsel Jack Smith has been a constant target of fury and legal threats by President Donald Trump, dating back to even before the election, when the famed prosecutor was helming a pair of federal criminal cases against him.But Smith doesn't dwell much on the possibility that Trump's Justice Department will fabricate some charges against him, he told MS NOW's Nicolle Wallace in an exclusive interview on Thursday. There's something he worries a lot more about."Do you think that this is a department that you could send someone to go work in, and they could be asked to indict you?" asked Wallace.Smith agreed "that could happen" — however, he continued, "in the Justice Department, even as we sit here right now, there are lots of people doing good work prosecuting violent crime, protecting their communities, doing the everyday work of being a prosecutor. And yes, it could happen. That could happen, and that would be unfortunate. And then you might have to step down." Nonetheless, he added, "I don't want to see people run from public service because of that possibility.""Do you expect to be indicted?" Wallace followed up, noting that Trump "said he would indict you."Smith replied, "I'll tell you, Nicolle, I honestly do not spend a lot of time thinking about the things he says about me and his threats about me."Instead of that, he continued, "I'm really focused on the people who I worked with, looking out for them. I'm really focused on how the Justice Department is going to be better going forward, things like that."What Smith worries about more, he made clear, is the future of the people he worked with who helped him do his job.Ultimately, Smith said, "I had an all-star team ... the agents on my case, if I were to walk you through all the awards they've won throughout generations of administrations, we would be here all night. These were superstars. I'm much more concerned that those people get to serve in the department, get to serve in the bureau again someday." - YouTube www.youtube.com
The Department of Labor's latest economic report revealed concerning trends despite a declining unemployment rate of 4.2%. Job creation fell sharply to just 57,000 over three months, down from 129,000 in the previous report, according to the survey released Thursday morning. CNN senior business reporter David Goldman highlighted red flags in specific sectors: nursing jobs added only 22,000 over the past year, compared to 38,000 the previous year, while hospitality hiring experienced significant decline despite multiple cities hosting World Cup games. "That is something that we need to watch," Goldman said.He noted economists expect future revisions to clarify the numbers. "I think, and there are a number of economists who are smarter than me who think, that this might change as we get those revisions in the future months, because this is kind of defying logic and defining what we can see with our own eyes," Goldman said.Watch the video below. Your browser does not support the video tag.
A security expert warned about the impact of Trump's latest move to send hundreds of FBI analysts to Georgia.CNN law enforcement and intelligence analyst John Miller broke down Trump's decision to send 260 intelligence officials to Georgia to investigate the 2020 election results. Miller said the move is "very concerning," especially as Trump pushes the Save America Act, a voter-proof-of-citizenship law."There is a through line when you combine the idea that he is pushing the SAVE Act and then, on a holiday weekend, calls in hundreds of FBI analysts," Miller said. "When law enforcement comes in and starts doing things like this...it creates this chilling effect towards election workers and others."He explained that Trump called in "staff operations specialists and investigative operations specialists to the Atlanta field office," and "this is the kind of people where it looks like you would be dumping a ton of paperwork, maybe ballots on them."The instructions to these hundreds of FBI analysts could even be to go through the ballots and investigate them "one at a time," Miller added. However, he cautioned that, "if they're doing a recount, that kind of usurps the election authorities of the state."Whether or not they find anything, Miller warned, "You're creating this atmosphere that there's something wrong there, and I can't see these two things being unconnected," again referring to the Save America Act and noting that this "could have been done last week."
A conservative writer scolded Democrats on Thursday for not focusing on President Donald Trump’s unprecedented corruption in the months leading up to the November mid-terms.“For all intents and purposes, nobody cares,” The Dispatch’s Nick Catoggio wrote. He described Trump’s blatant profiteering from being in office, which is without any analogous example in modern American history. Agreeing with a source in the Senate who said that the indifference to Trump’s corruption means “we’re just screwed,” he argued that “any explanation of why we’re screwed begins with the promiscuous civic delinquency of the American right, but we’ve been over that many times and don’t need to belabor it here.”He denounced Republicans who give Trump a pass on his grift by saying that “depending upon what sort of Republican you are, you’re either an enthusiastic member of a fascist personality cult, a brain-damaged hyperpartisan willing to excuse anything to keep the left out of power, or so embarrassed by where Trumpism has led that it’s easier psychologically to pretend its abuses aren’t happening than to confront them.”Yet in addition to Trump’s own party, Catoggio criticized Democrats — especially those on the left — since “few on the left seem to care very much about the president’s corruption either.” Instead they seem more interested in opposing Israel and trying to purge the party of its centrist leaders.He adds that this is a great missed political opportunity.“If ever there were a moment when you might expect anger at Trump’s financial corruption to break big among voters, this is it,” Catoggio said. “In the middle of an affordability crisis, with huge numbers of Americans exasperated by the cost of living, evidence that the president is profiting lasciviously from his office is everywhere you look.” His financial disclosure forms reveal that he earned $2.2 billion in 2025, almost quadrupling his income from 2024, of which roughly $1.4 billion “came from businesses related to cryptocurrency, an industry his administration regulates (sort of?) and for which he’s a key policymaker.”He added, “Trump did suspiciously well in 2025 with conventional securities, too. At least three times last year, he purchased shares of Nvidia shortly before major announcements that boosted the company’s value. He also made hundreds of stock purchases the day before announcing that he was ‘pausing’ his ‘Liberation Day’ tariffs, which sent markets soaring. All told, according to the Financial Times, he engaged in more than 22,000 stock transactions during his first 11 months back in office. Over four years as president, Joe Biden engaged in 13.”Refraining from discussing Trump’s conflicts of interest, “petty graft like kickbacks” and selling pardons, “we’d be here all day.” The bottom line is that, as presidential historian Douglas Brinkely told NBC News, “What strikes me as remarkable is how many pies Trump has his fingers in. There is no precedent to compare it with. No president in the 20th or 21st century has had something that’s vaguely comparable.”Instead of exploiting this opportunity to win elections on a populist theme, Catoggio suggested that left-wing populists are relatively indifferent to those issues compared with others that rile up their base. By doing this, though, they are normalizing Trump’s unprecedented corruption and making it easier for both him and future perpetrators to get away with it.Indeed, Catoggio said Democrats’ failure to adequately bring up and emphasize Trump’s corruption has made it easier for Republicans to obscure that what Trump is doing far and away exceeds the actions of any of his predecessors.“Someone should run a poll asking whether corruption was worse under the last two Democratic administrations or under the criminal syndicate that runs the government now,” Catoggio said. “I’ll be surprised if opinion deviates wildly from the usual party lines. That’s the sort of ignorance and moronic tribalism that a Democratic strategist looking to galvanize voters this fall would be banging his or head against by flogging the issue of Trump’s unethical behavior.”If this attitude continues into the 2028 election, it could be disastrous — and Catoggio suspects that is exactly what will happen.“Some left-wing strategists will ask themselves this: If attempting a coup wasn’t corrupt enough to stop Americans from reelecting Trump himself in 2024, why would the president’s insider trading and crypto scams dissuade them from reelecting some entirely different Republican in 2028?” Catoggio wrote. “If voters were willing once before to lay aside all ethical considerations about national leadership in order to vote their wallets, why wouldn’t they do so again?”He concluded, “‘We’re just screwed’ is anathema to anyone who cares about politics, an endeavor based on the devout conviction that we’re not screwed as long as the faction one supports gets to be in charge.
An author who has written four books about President Donald Trump claimed on Thursday that first lady Melania Trump has concocted a "preposterous" new way to try and silence him. Michael Wolff, co-host of the "Inside Trump's Head" podcast with Joanna Coles of The Daily Beast, said during a new episode that Melania Trump's legal team has moved to sanction the lawyers representing Wolff for bringing a frivolous lawsuit against her. A federal judge threw out Wolff's anti-SLAPP lawsuit against Melania Trump in May, which he filed after she threatened to bring a $1 billion lawsuit against Wolff for his claims about the Trump family's ties to disgraced financier and convicted sex criminal Jeffrey Epstein. “Essentially, they are moving to sanction my lawyers for doing nothing more than bringing the lawsuit against Melania Trump,” Wolff said on the podcast. “So this is preposterous on its face.”Wolff also claimed that he found out about the move from Boris Epshteyn, a lawyer close to the Trumps, whom Donald Trump has described as someone who will "say anything" to make him happy. He claimed that hearing about the move from Epshteyn revealed that the strategy behind the lawsuit “was being coordinated at the highest levels of Trump law.”
Reporter Katie Phang recently nabbed a huge win against interim AG Todd Blanche and his crusade to keep the Epstein files under wraps. After months of stalling by the administration of President Donald Trump and ignoring the letter of a new law demanding the release of the sex-trafficker’s files, U.S. District Judge Emmet G. Sullivan opened the floodgates on Trump’s longtime friend. Sullivan sided with former MS NOW show host Katie Phang in her lawsuit demanding the Trump administration adhere to the Epstein Transparency Act.Now, fresh off her big win, Phang tells “Left Hook” podcaster Wajahat Ali that Blanche, Trump and his entire crew appeared to be a bunch of idiots who had no real plan to protect Trump from being implicated in the Epstein files.“They're damned if they do and damned if they don't,” howled Phang. “You either produce it and now we have information that I and others can track down and do more reporting on, or you don't … it means they're trying to hide s——.”“If I were them I'd comply,” Phang told Ali. “I'd say ‘here are the names of the co-conspirators. Here are the names of the bad people that sent these terrible f—— emails. Here are the names of possible perpetrators. Have a nice day.’ But they are so dumb the way that they play this game. They had no f—— strategy and p—— off a federal judge like Emmett Sullivan … [who] told [Trump conspiracist] Michael Flynn to his face ‘you are a traitor to this country.’”Sullivan’s ruling means Blanche now must explain to a court why he shouldn't be forced to release names redacted from emails and documents that reference potentially damning videos and allegations of abuse of minors. Also included in redacted info includes the potential names of Epstein’s co-conspirators, as well as potentially damaging FBI interview notes from a victim who claimed Epstein introduced her to President Donald Trump when she was only 13.Phang told Ali that she had no doubt Sullivan put Trump administration in terrible danger.“Starting last year right … in the spring of 2025 they convene in the situation room about the Epstein files and it's not just the vice president of the United States, JD Vance there,” said Phang. “It was also then-attorney general Pam Bondi. It was FBI director Kash Patel. It's the deputy director of the FBI, Dan Bongino. It was then-deputy attorney general Todd Blanche. … It's the White House chief of staff Susie Wiles. It's the White House council … and a slew of other people. If something [fatal] had happened to that situation room pretty much … the entirety of the trump administration upper echelon would be f—— exterminated.”“The fact that you convene all those people repeatedly in the Situation Room you don't have to be a Rhodes scholar to figure out that there is something politically toxically horribly bad for the President of the United States [in those files],” she said.Phang added that she deliberately targeted Blanche in the suit to make him the prime target.“Unlike in other lawsuits when the DOJ is being sued and they parade in some junior federal prosecutor who has to go hat-in-hand to sit there and explain what happened or why they didn't do it, I only sued one person,” Phang said gleefully. “So, Todd Blanche … is gonna have to show up. You can't just send in some lackey.”
The Supreme Court has previously been accused of having a far right ideology, engaging in judicial activism rather than strict constructionism and moving to empower President Donald Trump even at the expense of the Constitution.“In the wake of Slaughter, presidents now hold the keys to the kingdom,” wrote Ryan J. Owens, a political science professor and director of the Institute for Governance and Civics at Florida State University, for The Dispatch on Thursday. Owens was referring to the Supreme Court case of Trump v. Slaughter, which overturned a 1935 case holding that presidents could not fire commissioners of independent agencies except for cause. By allowing Trump to fire a Federal Trade Commissioner, Rebecca Kelly Slaughter, simply because she is a Democrat, the majority of justices brushed aside concerns that this would allow civic and non-partisan institutions to be manipulated for political ends.Owens argues that the Supreme Court was correct to make it possible for presidents to effectively implement their agenda so long as voters can remove that president. Yet he also argued that this is not in itself enough to help America.“If the president can remove agency officials at will and Congress continues to delegate substantial authority to the executive, the president will have become more powerful than the Framers possibly imagined,” Owens wrote. “The Supreme Court must now finish the job. Revive the nondelegation doctrine. Make Congress legislate again.”He then quoted a Trump-appointed judge, Justice Neil Gorsuch, who suggested in his decision that it might be time “to reinvigorate the intelligible principle doctrine and recognize that Congress cannot delegate its legislative authority.” Agreeing with this principle, Owens argued that “the court’s Slaughter opinion hints at such. Somewhat surprisingly (and unnecessarily), the majority opinion positively referenced A.L.A. Schechter Poultry Corp. v. U.S. (1935), the last case in which the court struck down a law for violating the nondelegation doctrine. The Slaughter opinion further called the Federal Trade Commission Act’s delegation ‘startingly abstract.’ This sounds an awful lot like a formalist court ready to revive the nondelegation doctrine now that the president’s removal power is back in its rightful constitutional place.”Owens continued that “constitutional formalists and liberals should hope the Supreme Court revives the doctrine—formalists, because it would return legislating to Congress where it belongs, and liberals because they fear an empowered Trump.” He then concluded that, while he believes the Slaughter decision corrected an earlier case with which he disagreed, he hopes “it follows this great ruling with another.”
