Who would win and who would lose in Republicans’ ‘big, beautiful bill’
Who would win and who would lose in Republicans’ ‘big, beautiful bill’
https://finance.yahoo.com/news/wins-loses-republicans-big-beautiful-174002230.html
Tag: trump
Last-minute changes to Trump’s ‘big, beautiful bill’ stun clean energy industry (and Elon Musk)
“The energy provisions of the 900-plus page bill have come under particular scrutiny after last-minute changes phased out clean energy tax credits faster than expected and added new taxes on wind and solar projects.
At the same time, new last-minute inducements were unveiled for fossil fuels, including one classifying coal as a critical mineral when it comes to a government manufacturing credit.
“We’re doing coal,” Trump said in an interview released over the weekend on Fox News’ “Sunday Morning Futures,” where he also called solar energy projects “ugly as hell.””
https://finance.yahoo.com/news/last-minute-changes-to-trumps-big-beautiful-bill-stun-clean-energy-industry-and-elon-musk-124435832.html
Trump, Iran and the Slow Creep of Presidential Power
The Constitution clearly puts the power of deciding to go to war in the hands of the Congress. The attack on Iran was a clear act of war. It was not authorized by Congress. The attack on Iran was unconstitutional.
https://www.youtube.com/watch?v=06f9bioCYRY
US, China formalize deal on rare earth shipments in trade breakthrough
“China on Friday signaled it would approve the export of rare earth minerals to the US, hours after White House officials said the two sides had reached a deal, in what would be a major breakthrough following weeks of negotiations over US access to the key materials.”
https://www.yahoo.com/news/us-china-formalize-deal-rare-075006013.html
The clock’s ticking on codifying DOGE cuts into law
“The administration is using a process known as “rescission” to pursue the cuts, which allows the White House to ask Congress to claw back money it has already approved. The process has not been successfully used in over two decades, and the Senate rejected a rescission request in 2018, during Trump’s first term.
Lawmakers must approve the cuts within 45 days of the request — July 18 — or Trump is required by law to spend the money. The administration has said that this could be the first of several rescission requests.”
https://www.yahoo.com/news/clocks-ticking-codifying-doge-cuts-174930140.html
What’s in Trump’s “big, beautiful bill” nearing a final vote in the Senate
What’s in Trump’s “big, beautiful bill” nearing a final vote in the Senate
https://www.yahoo.com/news/whats-trumps-big-beautiful-bill-172443427.html
Mass Deportations Are Putting America’s Food Supply at Risk
“Without fixing H-2A, tougher immigration enforcement is a recipe for empty fields, higher food prices, and failing farms.”
…
“Without a legal path to hiring the workers they need, mass deportations will gut the agricultural workforce with no backup plan, hurting farms, driving up grocery prices, and weakening America’s food security. If Washington ignores the warnings from farmers, the real harvest this fall will be shortages and higher costs for everyone.”
https://reason.com/2025/06/23/mass-deportations-are-putting-americas-food-supply-at-risk/
Pam Bondi fires three Jan. 6 prosecutors, sending another chill through DOJ workforce
If fired for appropriately investigating the president or his allies, then this is a great degradation of the rule of law. The U.S. cannot call itself a strong democracy when administrations can punish people for proper legal investigations. Future prosecutors and investigators will have to think twice before investigating any potential crimes by Trump or his friends.
“At least three federal prosecutors who worked on cases against Jan. 6 rioters were fired Friday by the Justice Department, according to more than half a dozen current and former officials familiar with the dismissals.
A copy of one of the dismissal letters seen by NBC News was signed by Attorney General Pam Bondi, notifying the recipient that they were “removed from federal service effective immediately.” No reason for the removal was stated in the letter.”…”The Trump administration in late January fired probationary federal prosecutors who worked on Jan. 6 cases and prosecutors who worked on former special counsel Jack Smith’s investigation into President Donald Trump. The administration also demoted some career prosecutors who worked on the Capitol siege investigation.Probationary workers are either recent hires or have taken new positions.The firings on Friday, though, marked the first time that career prosecutors who had worked Jan. 6 cases and who were past their probationary period of federal employment had been fired.”
https://www.yahoo.com/news/pam-bondi-fires-two-jan-225031625.html
The Rationale for Deporting Mahmoud Khalil Is Alarmingly Vague and Broad
“Mahmoud Khalil, the first target of President Donald Trump’s crusade against international students he describes as “terrorist sympathizers,” was released from custody on Friday after more than three months of detention. But the Trump administration is still trying to deport Khalil, a legal permanent resident, based on his participation in anti-Israel protests at Columbia University.
The official rationale for expelling Khalil is that he poses a threat to U.S. foreign policy interests. That justification is alarmingly broad and vague, raising due process and free speech concerns that interact with each other.”
https://reason.com/2025/06/25/the-rationale-for-deporting-mahmoud-khalil-is-alarmingly-vague-and-broad/
Oil Prices Fall, Tesla Robotaxi Debuts, & Trump Media Grifts | Prof G Markets
Trump Media Group grifting Trump supporters by a large buyback. Instead of investing in the businesses, the company is raising money to put it in Trump’s pocket. Trump owns 60% of the stock, so a buyback makes him richer. Buybacks are normally done by profitable companies to reward their shareholders. Trump Media Group is not profitable. They raised money via an equity sale and then bought back their stock, essentially transferring some of the money raised into Trump’s pockets. (Discussion of this begins at 21:37).
https://www.youtube.com/watch?v=G0KLHBPsObc