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Afternoon Briefing: Johnson pitches ‘modest' Springfield wish list

Afternoon Briefing: Johnson pitches ‘modest' Springfield wish list

Yahoo30-04-2025

Good afternoon, Chicago.
Mayor Brandon Johnson touted his Springfield agenda as both 'modest' and beneficial to the whole state of Illinois during a short stop to the statehouse today, where he will surely face steep headwinds to accomplish what he wants for Chicago during a tough state budget season.
This is Johnson's first visit to the General Assembly since May 2024, when he came home with lackluster results for the city. Faced with ongoing reluctance from lawmakers and Gov. JB Pritzker, the mayor has fine-tuned his message this time to make the case that helping Chicago will help the rest of the state.
Here's what else is happening today. And remember, for the latest breaking news in Chicago, visit chicagotribune.com/latest-headlines and sign up to get our alerts on all your devices.
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Pritzker was joined by Govs. Tim Walz of Minnesota, the unsuccessful 2024 vice presidential nominee, Maura Healey of Massachusetts and Kathy Hochul of New York in an hourlong, live-streamed question-and-answer event hosted by the MeidasTouch Network. Read more here.
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Newsom says Los Angeles rioters will be prosecuted, slams Trump for 'traumatizing our communities'
Newsom says Los Angeles rioters will be prosecuted, slams Trump for 'traumatizing our communities'

Yahoo

time30 minutes ago

  • Yahoo

Newsom says Los Angeles rioters will be prosecuted, slams Trump for 'traumatizing our communities'

California Gov. Gavin Newsom, a Democrat, on Tuesday said anti-ICE protesters who engage in violence will be prosecuted to the fullest extent of the law while also criticizing President Donald Trump for a "brazen abuse of power" in sending troops to respond to demonstrations. Newsom said during a news address that 220 people have already been arrested in connection with the Los Angeles riots and that officials are reviewing footage to build additional cases. The governor also thanked individuals who protested peacefully during demonstrations against deportations and ICE raids on migrant workers at local businesses. Peaceful assembly is not what Trump wanted, the governor said, accusing the president of choosing "escalation," "more force" and "theatrics over public safety." Newsom Files Emergency Motion To 'Immediately Block' Trump's Use Of Military To Stop La Riots Newsom and the president have taken jabs at each other in recent days over the Trump administration's move to deploy thousands of National Guard troops and hundreds of active-duty Marines to Los Angeles, with the governor saying it threatens state sovereignty, wastes resources and worsens the situation, while Trump argues that the move was necessary to quell any violence. Read On The Fox News App "These are the men and women trained for foreign combat, not domestic law enforcement," Newsom said Tuesday. "We honor their service. We honor their bravery. But we do not want our streets militarized by our own armed forces. Not in LA, not in California, not anywhere. We're seeing unmarked cars, unmarked cars in school parking lots, kids afraid of attending their own graduation." "Trump is pulling a military dragnet all across Los Angeles, well beyond his stated intent to just go after violent and serious criminals," he continued. "His agents are arresting dishwashers, gardeners, day laborers and seamstresses. That's just weakness. Weakness masquerading as strength. Donald Trump's government isn't protecting our communities. They're traumatizing our communities. And that seems to be the entire point." Newsom had sent a letter on Sunday urging the administration to rescind its deployment of National Guard troops and return them to his command. The state has also filed a lawsuit against the administration over the federal deployment. Hegseth Defends National Guard La Deployments, Says Ice Agents Must Be Protected "Just yesterday, we filed a legal challenge to Donald Trump's reckless deployment of American troops to a major American city," the governor said Tuesday. "Today, we sought an emergency court order to stop the use of the American military to engage in law enforcement activities across Los Angeles." The governor said if some people could be snatched off the streets without a warrant based only on suspicion or skin color, then nobody is safe. "Trump and his loyalists, they thrive on division because it allows them to take more power and exert even more control," he said. "And by the way, Trump, he's not opposed to lawlessness and violence as long as it serves him. What more evidence do we need than January 6th?" Newsom also cited border czar Tom Homan's threat to arrest him for alleged immigration interference, an idea Trump later endorsed, saying Newsom's "primary crime was running for governor because he's done such a bad job." "He's calling for a sitting governor to be arrested for no other reason than, in his own words, for getting elected," Newsom said of Trump. The governor had previously dared Homan to make good on his threat, saying "arrest me" and "come and get me, tough guy." But Homan eventually backed down, admitting that Newsom had not done anything to warrant his arrest. Newsom concluded his remarks on Tuesday by warning that Trump's actions he says threaten state sovereignty and democracy are not exclusive to California. "When Donald Trump sought blanket authority to commandeer the National Guard, he made that order apply to every state in this nation," Newsom said. "This is about all of us. This is about you. California may be first, but it clearly will not end here. Other states are next. Democracy is next. Democracy is under assault before our eyes. This moment we have feared has arrived. He's taking a wrecking ball, a wrecking ball to our Founding Fathers' historic project." "If you exercise your First Amendment rights, please, please do it peacefully," he continued. "I know many of you are feeling deep anxiety, stress and fear, but I want you to know that you are the antidote to that fear and that anxiety. What Donald Trump wants most is your fealty, your silence to be complicit in this moment. Do not give in to him."Original article source: Newsom says Los Angeles rioters will be prosecuted, slams Trump for 'traumatizing our communities'

Trump Tariffs Can Stay in Effect Longer, Appeals Court Says
Trump Tariffs Can Stay in Effect Longer, Appeals Court Says

Yahoo

time33 minutes ago

  • Yahoo

Trump Tariffs Can Stay in Effect Longer, Appeals Court Says

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Legendary analyst has alarming déjà vu alert on Bitcoin
Legendary analyst has alarming déjà vu alert on Bitcoin

Yahoo

time33 minutes ago

  • Yahoo

Legendary analyst has alarming déjà vu alert on Bitcoin

Legendary analyst has alarming déjà vu alert on Bitcoin originally appeared on TheStreet. Wall Street legend Peter Brandt, who correctly predicted the S&P 500 rally, recently shared an alarming warning about the fate of Bitcoin. Brandt compared Bitcoin's price cycle over the past year to the 2011-22 cycle and wondered if the cryptocurrency is following the previous pattern and headed for a 75% correction. It seemed surprising to many members of the Crypto Twitter community that the asset that hit its all-time high (ATH) of $111,970.17 only on May 22 could be poised for a correction. Brandt's X post invited some curious and some mocking comments, but the veteran trader doubled down on his analysis. He shared his previous blog post dated Apr. 26, 2024, to claim that the king coin has fallen prey to what he calls "exponential delay" in bull cycles. Comparing the previous bull cycles during 2009-11, 2011-13, 2015-17, and 2018-21, Brandt wrote: 80% of the exponential energy of each successful bull market cycle has been lost. Bitcoin was trading around $64,000 when he wrote the post on Apr. 26, 2024. Since then, a whole lot of overwhelming developments have taken place, such as President Donald Trump announcing the creation of a strategic Bitcoin reserve, securities violations cases getting dropped against several leading crypto trading exchanges, etc. In fact, Bitcoin hit its new record high only last month. But such a positive turn of events didn't deter Brandt from sounding the alarm, as he seemed quite convinced of his analysis. As per Kraken's price feed, Bitcoin was trading at $108,577.02 at press time, only around 3% lower than its ATH. Disclaimer: The content above is intended for informational purposes only and should not be taken as financial advice. Do your own research before investing. Legendary analyst has alarming déjà vu alert on Bitcoin first appeared on TheStreet on Jun 10, 2025 This story was originally reported by TheStreet on Jun 10, 2025, where it first appeared.

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