eBay rejects ‘unsolicited’ $55 billion takeover bid from GameStop
Source: Washington Examiner · Bias: Center Right
Summary
One of the world’s largest online marketplaces, eBay, has rejected a $55.5 billion takeover offer from video game store GameStop. Paul Pressler, chairman of the board of directors for eBay, on Tuesday said the “unsolicited” bid was “neither credible nor attractive.” “We have taken into account such factors as 1) eBay’s standalone prospects, 2) the […]
eBay rejects ‘unsolicited’ $55 billion takeover bid from GameStop
Center Right
One of the world’s largest online marketplaces, eBay, has rejected a $55.5 billion takeover offer from video game store GameStop. Paul Pressler, chairman of the board of directors for eBay, on Tuesday said the “unsolicited” bid was “neither credible nor attractive.” “We have taken into account such factors as 1) eBay’s standalone prospects, 2) the […]
Former Rep. Marjorie Taylor Greene (R-GA) torched what was left of her relationship with President Donald Trump on Thursday after new financial disclosures showed he personally pocketed $2.2 billion during his first year back in office, The New York Times reported Friday. "The Republican Party hijacked MAGA," Greene wrote on X, the Times reported.Some MAGA voices went further, framing the windfall as proof of Trump's business savvy rather than a conflict of interest. Iowa activist Kelley Koch, who chairs a group called MAGA Nation, brushed off outrage entirely: "Let's just be honest, people are checked out right now," she said, speaking with the Times.Democrats weren't nearly as forgiving. California Gov. Gavin Newsom called Trump "the most corrupt president in American history," while Rep. Haley Stevens (D-MI) accused him of standing "with the billionaire class" while ordinary Americans struggle, the Times reported.
Democrats are preparing a hostile audit of President Trump and his inner circle, intent on exposing — and ultimately ending — the most lucrative presidency in American history.Why it matters: Since winning the 2024 election, Trump has operated in a Wild West of his own making — monetizing the office to the tune of billions, while enabling family, friends and donors to cash in along the way.He and the White House have denied any conflicts of interest. Republicans, who spent years investigating the Biden family's business dealings, have shielded Trump from the same scrutiny.But Democrats see the presidential gold rush as corruption personified — and plan to bury Trump's orbit in subpoenas if they win the House in November's midterms.Zoom in: Trump's $2.2 billion financial disclosure is a 927-page roadmap for the coming investigations, itemizing every known venture that made 2025 the richest year of his life.A crypto business that barely existed when Trump took office minted him roughly $1.2 billion — eclipsing, in a single year, the real estate empire he spent decades building.His biggest single payday was $635 million in royalties from the $TRUMP meme coin, which has crashed roughly 95% from its inauguration-week launch — destroying billions for the small investors who bought in.Trump also reported tens of millions from legal settlements with major media and tech companies, plus new income from branded watches, sneakers, Bibles, fragrances and foreign licensing deals.Zoom out: For Democratic investigators, the ripest targets are the people around Trump: family, appointees and allies who, unlike the president, can be compelled to testify under oath.World Liberty Financial, the crypto venture launched by the Trump and Witkoff families, has become a magnet for foreign money, including a secret $500 million investment from a senior Emirati royal.A New York Times investigation found that Donald Trump Jr., Eric Trump and the sons of Commerce Secretary Howard Lutnick have ties to at least 14 companies seeking $8.9 billion in federal support for critical-minerals deals.Jared Kushner, Trump's son-in-law, has raised billions from Gulf governments while leading Middle East peace talks. In Albania, Kushner's firm won "strategic investor" status for a $1.4 billion luxury resort on a protected island — igniting mass protests dubbed the "flamingo revolution."What they're saying: Trump dismissed criticism of his financial disclosure on Wednesday, telling reporters his money is run by outside advisers in what he called a "blind account.""Everybody is profiting," Trump said, because "the stock market's going up."In a CNBC interview Thursday, Trump said he didn't know about many of the crypto gains disclosed in the filing because his son Eric and outside firms handle his investments. But he also argued that even if he had known, "there's nothing illegal with that," saying presidents cannot realistically recuse themselves from every decision that might affect their finances.Reality check: Trump's defense focuses on who manages his investments. Democrats are preparing to scrutinize the much bigger ecosystem around them: a portfolio that made more than 21,000 securities transactions in 2025, a family crypto empire, foreign business deals and other ventures that expanded alongside his presidency.The explanation also sidesteps broader ethics questions, including Trump's acceptance of a $400 million Qatari jet that entered service as Air Force One on Wednesday.Trump plans to keep the luxury plane — the largest foreign gift in U.S. history — for his presidential library after he leaves office.White House spokesperson Anna Kelly said in a statement: "President Trump only acts in the best interests of the American public — which is why they overwhelmingly re-elected him to this office, despite years of lies and false accusations against him and his businesses from the fake news media. There are no conflicts of interest."The big picture: Scrutiny of Trump's finances comes amid a growing anti-billionaire current in U.S. politics, exacerbated by a cost-of-living crisis the president repeatedly has downplayed.The number of democratic socialists in Congress is poised to more than double after the midterms, giving the left's anti-oligarchy message a bigger platform inside the Democratic Party.Sen. Jon Ossoff (D-Ga.) has made corruption the central theme of his re-election message, drawing 2028 chatter for his viral speeches detailing the Trump family's foreign windfalls.For Democrats, the bet is that Trump's profits can become part of a broader affordability argument: Washington works for the well-connected, while everyone else pays the price.The bottom line: It's no secret that Democrats intend to make life miserable for Trump and his inner circle if they win the midterms."They will turn every committee of Congress into an investigative body, and they'll go after the president's family, the Cabinet, his donors and friends," House Speaker...
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.
Liberal MS Now commentator Donny Deutsch lambasted the socialist takeover of the Democratic Party in comments on the progressive cable news network.The panel was discussing whether Democrats would be able to find their footing while the president is facing criticism over the Iran war and high inflation, when Deutsch went on a tirade about the party's focus.'Right now every Republican strategist is salivating on what these people have said in the past, and they're going to wallpaper with it.' "Well, Democrats have gone off the rails. ... What matters to people is affordability. And Democrats right now are focused on two things. They're focused on anti-Semitism and socialism," Deutsch said."Not all Democrats," host Stephanie Ruhle objected."Not all, but that's where the energy of the party is, when you look at the two candidates that got elected in the last week," he responded. "One of them talks about that there was not — that firebombing in Colorado was not anti-Semitic. I mean, would not acknowledge that, when it was a firebombing of people holding a vigil for hostages by Hamas."He was referring to Melat Kiros, who won the Democratic primary for Colorado's 1st Congressional District, and then cited Darializa Avila Chevalier, the winner of the primary in New York's 13th Congressional District."Another candidate in New York, who has been well documented, was at an October 8 rally, a pro-Hamas, pro-Palestinian rally," Deutsch continued."This is ridiculous, and they're both running on anti-American, socialistic, 'Let's blow up — let's abolish ICE, let's abolish prisons, let's abolish everything, let's abolish the police.' It's insane," he added."And the Republicans are going to tar them with this. This is the problem. Even though they are a small sector of the party, right now every Republican strategist is salivating on what these people have said in the past, and they're going to wallpaper with it," Deutsch said. RELATED: 'They're animals': Trump UNLOADS on 'godless Communists' taking over Democratic Party "Democrats are going down a bad path. They're electing these democratic socialists," he concluded. "It's a disaster. No matter what you think of it, wherever your politics are, it's bad strategy."Video of Deutsch's comments were posted to social media, where they were widely circulated.Like Blaze News? Bypass the censors, sign up for our newsletters, and get stories like this direct to your inbox. Sign up here!
Acting Attorney General Todd Blanche sent a letter Thursday to International Criminal Court President Tomoko Akane declaring that the United States “unequivocally rejects” any attempt by the court to assert jurisdiction over U.S. citizens and vowed the Justice Department would not cooperate with ICC investigations involving Americans. “The United States Department of Justice unequivocally rejects […]
