President Donald Trump was proud of a fiery anti-communism post, inviting a reporter to read the message out loud in the Oval Office. After signing executive orders […]
Former National Security Adviser John Bolton is set to plead guilty to mishandling classified materials, CNN reported Thursday citing anonymous sources. Bolton has agreed to pay a […]
US president alleges there is ‘big cheating’ in elections for governor and Los Angeles mayor as results are pendingDonald Trump has alleged without evidence that Democrats are cheating in California’s primaries and claimed in a late-night social media post that the US attorney’s office in Los Angeles was investigating.As counting continues in the most populous state in the US, the president’s unfounded remarks are likely to further alarm election observers, who have warned of the risk of escalating misinformation in the absence of a final result. Continue reading...
At a time when voters are ready to hand Republicans a midterm revolt over the economy, Politico reported this week that top executives warned President Donald Trump that prices are about to get much worse if he does not solve the war in Iran.Trump remains embroiled in negotiations for a lasting ceasefire and resolution to the war, which he started, with Iran's new hardline leadership refusing his demands. As that situation continues to spiral, the Strait of Hormuz remains either closed off or dangerous, depending on the day, sending global oil prices surging as a result.According to a Thursday report from Politico, oil executives have warned Trump and his administration that, as bad as things are now, they are about to get much worse if the Strait is not reopened in a matter of weeks, citing sources close to the discussions. Without the oil that gets shipped through the body of water, global oil reserves will start to dwindle to a dangerous degree, sending prices to new heights."Industry executives have flagged the issue to senior White House officials and Cabinet members in recent weeks as part of the Trump administration’s ongoing dialogue with the U.S. energy industry, the people said," the report detailed. "The warnings came as recently as late last month as data from the U.S. Energy Information Administration and other sources began showing that fuel makers were increasingly relying on oil and fuel from their storage tanks to replace products no longer arriving from the Middle East."It added later: "Some of the conversations have been general warnings while others have focused on tight inventories of specific fuel types in particular locations, such as jet fuel on the West Coast, a second person involved in the conversations said."In response to Politico's query about the supposed warnings, the White House gave only a terse response blasting the outlet for citing anonymous sources.“We’re at dangerously low levels already,” one of those sources, an anonymous industry executive, told Politico. “We have shared those concerns at the highest levels of government about what’s coming in mid-to-late June. … I hope they are paying attention to inventories right now. You’re hitting tank bottom.”Exxon executive Neil Chapman recently told investors that crude barrels could reach $150-160 in two or three weeks. Another anonymous executive told Politico that the White House has already been made aware of that and warned of the crunch coming for consumers during the big holiday travel rush.“Don’t think that an open strait is going to mean your July 4 gasoline bill isn’t going to be higher than what it is today," they said. "It’s going to be.”
President Trump is expected to announce that his administration will put about $700 million to bolster coal. Trump is set to use wartime authority under the Defense Prevention Act to dole out $425 million to 13 existing coal plants and $75 million for an export terminal in California. He is also expected to announce $185…
"They are trying to steal the Governor of California primary and the Mayor of Los Angeles primary away from two great Republican candidates," the President claimed.
The Treasury secretary has so far demurred, citing ongoing litigation and attorney-client privilege
Tom Barrett of Michigan, Warren Davidson of Ohio, Brian Fitzpatrick of Pennsylvania and Thomas Massie of Kentucky voted with 211 Democrats to approve the resolution.
