Trump says why his second term is different from the first
Trump says why his second term is different from the first
In an interview with The New York Post's Pod Force One, President Trump explained why he "can be stronger on an attack on Los Angeles" in his second term compared to his first. Trump also said he told Governor of California, Gavin Newsom, he planned to deploy National Guard troops before doing so.
01:09 - Source: CNN
Vertical Politics of the Day 16 videos
Trump says why his second term is different from the first
In an interview with The New York Post's Pod Force One, President Trump explained why he "can be stronger on an attack on Los Angeles" in his second term compared to his first. Trump also said he told Governor of California, Gavin Newsom, he planned to deploy National Guard troops before doing so.
01:09 - Source: CNN
Roads in DC being prepared for military parade
Ahead of the June 14 military parade, crews were working late to prepare the roads in Washington, DC. The event is expected to showcase some seven million pounds of military equipment including tanks, artillery, and nearly 7000 soldiers and will commemorate the 250th anniversary of the US army.
00:30 - Source: CNN
Newsom blames Trump for escalating violence in LA
01:17 - Source: CNN
'Absurd': Mayor Bass reacts to Trump claiming LA protestors are paid
Los Angeles Mayor Karen Bass talks with CNN's Erin Burnett about President Trump's unfounded claims that protestors have been paid by California officials to engage in demonstrations.
01:23 - Source: CNN
Hegseth defends Trump sending federal military to protests in LA
During a subcommittee hearing, Democratic Rep. Pete Aguilar of California pressed Defense Secretary Pete Hegseth about President Donald Trump's decision to mobilize the National Guard and deploy Marines to help quell protests in Los Angeles.
01:56 - Source: CNN
ACIP member claims RFK Jr. eroded vaccine advisory committee's credibility overnight
US Health and Human Services Secretary Robert F. Kennedy Jr. dismissed an expert panel of vaccine advisers, accusing them of being 'plagued with conflicts of interest.' CNN's Kate Bolduan speaks to one of those dismissed members about those claims and the effect this decision may have.
02:02 - Source: CNN
Bernie Sanders: Trump 'wants all the power'
Senator Bernie Sanders (I-VT) criticized President Donald Trump's decision to deploy National Guard troops in Los Angeles, claiming that Trump 'wants all of the power' and is rapidly moving the US 'into authoritarianism.'
00:58 - Source: CNN
Tanks arrive in DC ahead of US Army parade
As the 250th anniversary celebration for the US Army approaches, a freight train of tanks was seen making its way into the nation's capital. The long-planned celebration in Washington will coincide with Trump's 79th birthday and include thousands of troops. The Army had said it has no plans to recognize the president's birthday.
00:40 - Source: CNN
See reactions to the Trump-Musk feud
See some reactions to the intense public feud that erupted between President Donald Trump and his one-time ally, billionaire Elon Musk.
01:05 - Source: CNN
Trump on Musk: 'The poor guy's got a problem'
In a phone call with CNN's Dana Bash, President Donald Trump said he is 'not even thinking about' billionaire Elon Musk and won't be speaking to him in the near future. The comments come a day after Trump and Musk traded barbs on social media as their relationship deteriorated in spectacular public fashion.
00:43 - Source: CNN
Trump and Musk escalate public feud
An intense public feud erupted between President Donald Trump and his one-time ally, billionaire Elon Musk, with an argument about Trump's massive tax and domestic policy bill raging across social media and in the Oval Office. CNN's senior White House correspondent Kristen Holmes reports.
03:03 - Source: CNN
Kara Swisher on the 'nuclear' feud between Trump and Musk
CNN's Anderson Cooper talks with Kara Swisher about the stunning public feud between President Donald Trump and Elon Musk.
01:30 - Source: CNN
German leader on 'terrible' impact of Trump's tariffs
In an interview with CNN's Jake Tapper, German Chancellor Friedrich Merz talks about the impact President Trump's tariffs are having on the auto industry.
01:13 - Source: CNN
Curtis Yarvin is inspiring a new generation of MAGA
CNN's Hadas Gold interviews anti-democracy author Curtis Yarvin about his argument for an all-powerful executive in the White House.
02:24 - Source: CNN
DNC Trolls Trump with Taco Truck
The Democratic National Committee parked a taco truck outside the RNC headquarters in Washington DC Tuesday, as a way to troll the president over an acronym created by a Financial Times commentator about the president's frequent walk backs and pauses to his tariff's.
00:52 - Source: CNN
Musk calls Trump's bill 'disgusting abomination'
Elon Musk lashed out at President Donald Trump's agenda bill — which the president is pressuring GOP senators to support — calling it a 'disgusting abomination.' CNN's Kaitlan Collins reports.
00:59 - Source: CNN
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Protests against immigration raids have been occurring nationwide this week, most notably in Los Angeles. Yahoo Finance Senior Columnist Rick Newman joins Market Domination Overtime with Josh Lipton and Julie Hyman to explain how the Trump administration's immigration policy is affecting the labor force and economy, and how companies like Home Depot (HD) have gotten caught in the crossfire. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Well, intensifying immigration raids this week have triggered protests across the country, particularly in cities like Los Angeles. That's where the National Guard was called in. And some companies like Home Depot are being caught in the crosshairs of President Trump's deportation efforts. For more, we want to bring in Yahoo Finance's Rick Newman, our political commentator, um, or, I should say crossroad, crossroads of politics and economy commentator. Sure. Call me anything, Julie. Okay. Um, I'll call you Rick. Um, so Rick, you know, we have seen, um, sort of a change in tack from the administration. Sort of the first wave, focusing on immigrants who were in the US illegally who had also committed other crimes, Right. to now doing more of a broad sweep of folks. They're going to Home Depot parking lots, right? Um, and they're, you know, this affects, as we've talked about with the economists before, certain workforces in particular. So what should we be watching? Yeah. I mean, that's the thing I'm thinking about is the parts of the labor force. Uh, migrant workers are a very important source, source of labor in construction. That's why this is happening at Home Depot, also in agriculture, retail, hospitality. Um, so what's happening now is Trump's immigration policy is now starting to touch the, uh, informal workforce and the informal economy, if you will. And I mean, there, there's a lot of reason to pay close attention to this because if you could just all at once take all the migrant workers out of the US economy, you would have a massive problem. I mean, this is a big source of workers. I mean, food would not get picked, um, projects would not get completed, homes would not get built. So it's starting. Um, I don't know what's going to happen, but if you look at why they're focusing on Home Depot, and of course, Home Depot, like almost any company, they want nothing to do with the controversy. They try hard, every company tries to stay as far away from this as they can, but um, a lot of contractors use Home Depot. Some of those contract workers shop at Home Depot for the stuff they need for projects. So, so the immigration authorities got the idea, let's go looking around at some Home Depots. And apparently, they are actually going into, um, some Home Depot outlets and places where they think they can, they can find some of these people. Um, there is actually a Reddit thread on, uh, you know, people who work at Home Depot saying, what do you do if you think ICE is coming into your location? This is not going to happen at every Home Depot across the country. And I think if the Trump administration were smart, maybe they would stop going into like retail establishments and find some other way to, you know, hit their numbers, but um, it's a problem. Yeah, and it's a problem, I think, like we can think about this from a business and economic perspective on, on a number of different fronts. I mean, the Wall Street Journal had a story looking at retailers, not just like a Home Depot, but food establishments that maybe are seeing a drop in traffic because people are afraid to shop in them because they're afraid a raid is going to come in. So you have that kind of effect on publicly traded companies potentially. You have the effect on unemployment numbers, which may not be the same. You, then maybe you have an effect on wages as well as we're seeing this situation play out. So there are a lot of potential repercussions. Right. Right. So, if I, I would guess that the strategy of the Trump administration, I mean, it has been reported that they want higher numbers. Um, so if you just went to farms and fields, um, where a lot of crops are picked, you would probably find tons of undocumented migrants. Do you want to do that? Um, do you want to, do you want to take everybody out of a, a field, I mean, it would be easy pickings, pardon the pun. Do you want to do that, though? But do remember, just aren't there some actual programs where people do come in seasonally legally, right? Yes, that's a, that's a different, yeah, that's a different thing. But we, we know that all of these things are happening. Right. Um, you could go to big construction sites and probably take half the workers off the job. Then what happens to the construction project? I mean, do you really want to do that? So I, what I detect is the Trump administration is dabbling with this idea of let's, let's interfere with business a little bit and see what happens. So if you're picking up five workers, you know, five-day laborers from a Home Depot parking lot, is that going to, um, show up in, you know, the GDP of Los Angeles? Probably not, um, but I'm trying to find contractors and I'm just starting to do a lot of this reporting, talk to them and see, is this affecting your business yet? Do you have a backup plan? Can you get workers from someplace else? This is not to defend, um, illegal immigration, but the fact is that these migrants are an important part of the labor force and you can't just take them all out of the labor force without any problems. All right, we'll keep watching. Thank you, Rick. Yeah. 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