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Fox News Politics Newsletter: Another Ivy League School Faces GOP Ire

Fox News Politics Newsletter: Another Ivy League School Faces GOP Ire

Fox News02-05-2025

Welcome to the Fox News Politics newsletter, with the latest updates on the Trump administration, Capitol Hill and more Fox News politics content.
Here's what's happening…
- China open to talks with Trump admin on lowering tariffs, ministry says
- Top Senate Armed Services Republican says Trump OMB's budget 'shreds to the bone' military capabilities
- Former Trump official slams UN reform efforts as 'eight and a half years late'
A brewing controversy over a "DOGE-like" email at one of America's top universities has gotten the attention of Capitol Hill.
Rep. Troy Nehls, R-Texas, wrote to Brown University on Friday morning urging the school to reconsider any disciplinary action against Alex Shieh, a sophomore who sent an email mirroring the style of Elon Musk's Department of Government Efficiency (DOGE) that asked non-faculty university workers what they did "all day."
"Reports indicate that Mr. Shieh engaged in a journalistic act of contacting university administrative employees to inquire about their roles and responsibilities. This action, it appears, stemmed from his perspective as a student paying a substantial tuition fee and experiencing concerns regarding university facilities, leading him to question the allocation of administrative resources," Nehls wrote…READ MORE
'FIERCE' MAHA FIGHTER: Trump's surgeon general pick touted as 'fierce' MAHA advocate before confirmation hearing
'CELEBRATING OUR VICTORIES': Trump declares May 8 as 'Victory Day' for World War II: 'Going to start celebrating our victories again!'
GULF SHIFT: Trump's interior chief to unleash Gulf drilling with major rule change
'WHAT THEY DESERVE': Trump says he'll revoke Harvard's tax-exempt status
'FIGHTING THE FAKE NEWS': DHS pushes back against claims of immigration enforcement at elementary schools
MILITARY MESS: Billions spent, warfighters wait: Inside the Pentagon's broken buying system and the plan to fix it
'100 DAYS': Buttigieg 'got nothing done,' Duffy declares: 'Pete appears unburdened by no longer being a cabinet secretary'
TRUMP V COURTS: Trump asks SCOTUS to strip protected status for hundreds of thousands of Venezuelan migrants
GOP CLAPS BACK: 'Protect' the majority: Senate GOP's campaign arm takes opposite tact to DNC's Hogg
'OUT OF CONTROL': Trump dubs Dems 'out of control,' suggests GOP consider kicking them out of Congress for 'REAL crimes'
CAMPAIGN BUZZ: AOC draws spotlight with Queens town hall as 2028 White House talk swirls
'GREEN NEW SCAM': Trump's tax overhaul hits GOP turbulence over Biden-era green incentives
TAKE A NUMBER: REAL ID renews America's age-old dread of the DMV
'MANUFACTURING BOOM': 'Mississippi's moment': Gov Tate Reeves on economic growth from eliminating state income tax
'SLAP IN THE FACE': California lawmaker demands 'accountability' after illegal immigrant's planned early release stopped by feds
IMMIGRATION BATTLE: Fla. AG to rebuff judge who ordered halt to state immigration enforcement: 'The court has overstepped'
Get the latest updates on the Trump administration and Congress, exclusive interviews and more on FoxNews.com.

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Trump wants a manufacturing boom. The industry is buckling.
Trump wants a manufacturing boom. The industry is buckling.

Politico

time9 minutes ago

  • Politico

Trump wants a manufacturing boom. The industry is buckling.

President Donald Trump is vowing to spark a manufacturing boom with tariffs to protect American workers and industry. So far, it's manufacturers that have borne the brunt of the pain. The president's surprise decision to raise tariffs on imported steel and aluminum to 50 percent will hit domestic manufacturing just as a new report shows the industry is already contracting. Uncertainty about where tariff rates will ultimately land — or where they'll be applied — has forced businesses to make hard decisions that could cut into both profits and hiring. And a leading trade group on Thursday called on Trump to give the companies a break on the tariffs. 'For a president who is intent on building U.S. manufacturing, the tariff strategy he's laid out is remarkably short-sighted,' said Gordon Hanson, a Harvard Kennedy School professor whose groundbreaking 2016 research work, 'The China Shock,' was among the first to sound the alarm about the threat to American industry. 'It fails to recognize what modern supply chains look like.' 'Even if you're intent on reshoring parts of manufacturing, you can't do it all,' he said. 'Steel and aluminum are part of that.' If Trump's tariffs fail to result in a manufacturing renaissance — a central focus of his presidential campaign — it could weaken the prospects of a GOP coalition that's increasingly reliant on working-class voters who supported his protectionist trade policies. But as unanticipated tariffs continue to drive up input costs for companies that need steel and aluminum for production, the warning signs emanating from manufacturers are getting louder. An index published this week by the Institute for Supply Management, which tracks manufacturing, slipped for the third straight month in May as companies made plans to scale back production. A quarterly survey conducted by the National Association of Manufacturers reported the steepest drop in optimism since the height of the Covid-19 pandemic, with trade uncertainty and raw material costs cited as top concerns. Federal Reserve data this month reported weaker manufacturing output. The manufacturers' association on Thursday urged Trump to develop a 'speed pass' that would allow companies to avoid costly new duties on imported raw materials and components that are essential to U.S. producers. 'The steel and aluminum tariffs are almost custom-made to hurt American manufacturing,' said Ernie Tedeschi, a former top Biden administration economist who's now with the Yale Budget Lab. Trump and top administration officials argue that tariffs will encourage investment in domestic manufacturers, which should lead to better-paying jobs, a more resilient economy and more secure supply chains. Exports climbed in April as the president's tariffs took hold, which contributed to an eye-popping decline in the U.S. trade deficit. Indeed, the overall economy remains solid, and businesses are continuing to hire, according to Friday's jobs report for May. Despite the trade headwinds, employment in the manufacturing sector has remained steady since Trump took office. 'As the president says, if you don't make steel, you can't fight a war. He's protecting that industry and bringing it back,' Commerce Secretary Howard Lutnick told Senate lawmakers this week. 'You're going to see more steel and aluminum furnaces and mills in the history of this country get built over the next three years.' The White House did not respond to a request for comment. Trump welcomed the monthly jobs report, posting on Truth Social: 'AMERICA IS HOT! SIX MONTHS AGO IT WAS COLD AS ICE! BORDER IS CLOSED, PRICES ARE DOWN. WAGES ARE UP!' Still, domestic manufacturers who rely on international supply chains for critical steel and aluminum inputs will face tough choices if they want to maintain their profits while keeping output steady. 'Higher costs are expected. Higher input prices. The question is, what do you do with those costs? How much can you pass along to the consumer? How much can you negotiate with your suppliers?' said Andrew Siciliano, a partner at KPMG who leads the consulting firm's trade and customs practice. The challenges posed by the increase in steel and aluminum tariffs are particularly acute because it's far from clear whether domestic suppliers will be able to meet the demands of domestic manufacturers. Almost half the aluminum used in the U.S. last year came from foreign sources, according to federal data, and roughly a quarter of all steel is imported. Either way, 'input costs are going to be higher,' Siciliano said. 'If they pass it on, it could affect demand. If they don't pass it on, it could affect profitability.' That isn't to say manufacturers won't benefit from tariffs in the long term. To the extent that Trump's overall tariff regime limits imports, U.S.-based industrial production could expand to address unmet demand. The Budget Lab's analysis of Trump's tariff regime — which includes the 50 percent tariffs on steel and aluminum — projects that manufacturing output could grow by 1.3 percent over the next five years if existing import duties are left in place. But Tedeschi cautioned that growth may exclude segments like electronic and semiconductor production — which tend to generate higher incomes for workers. Meanwhile, output in other sectors like construction or agriculture would likely contract. Julia Coronado, founder of MacroPolicy Perspectives, also said the flurry of new import duties may prompt some manufacturers to actually move their manufacturing facilities offshore rather than subject their supply chains and production processes to multiple tariffs. 'If I have to assemble a bunch of parts and inputs, why don't I just don't do that on the Canadian or Mexican side of the border and then pay the tariff on the final good?' she said. An even bigger challenge may involve finding and training workers who can staff up any facilities that reshore. Most Americans work in the service sector and, to the extent tariffs lead to reshoring, those facilities will likely rely heavily on automation, according to economists at the Bank of America Institute. Finding qualified workers in the U.S. is either too difficult or too expensive. 'Whatever manufacturing production comes back to the U.S. will require far fewer jobs than 30 or 40 years ago,' Hanson said. 'It's just the way the world has gone.'

Who are the United States Supreme Court Justices?
Who are the United States Supreme Court Justices?

Yahoo

time9 minutes ago

  • Yahoo

Who are the United States Supreme Court Justices?

Politics in the United States in recent years have surrounded the position of the president. But that has not changed the American political system. It's still all about checks and balances in the United States, which includes the judicial branch and Supreme Court. That arm of the U.S. government has nine justices seated on the bench, all of which were appointment by presidents at one point or another. Their jobs are for life and the group of nine is led by one chief justice. As of 2025, here is the full list of the nine justices in the United States Supreme Court. Date appointed: Sept. 29, 2005. Appointed by: President George W. Bush. Political affiliation: Republican. Date appointed: Oct. 23 1991. Appointed by: President George H. W. Bush. Political affiliation: Republican. Date appointed: Jan. 31, 2006. Appointed by: President George W. Bush. Political affiliation: Republican. Date appointed: Aug. 8, 2009. Appointed by: President Barack Obama. Political affiliation: Democrat. Date appointed: Aug. 7, 2010. Appointed by: President Barack Obama. Political affiliation: Democrat. Date appointed: April 10, 2017. Appointed by: President Donald Trump. Political affiliation: Republican. Date appointed: Oct. 6, 2018. Appointed by: President Donald Trump. Political affiliation: Republican. Date appointed: Oct. 27, 2020. Appointed by: President Donald Trump. Political affiliation: Republican. Date appointed: June 30, 2022. Appointed by: President Joe Biden. Political affiliation: Democrat. This article originally appeared on The List Wire: List of United States Supreme Court Justices

Elon Musk's Net Worth Takes $27 Billion Hit Amid Feud With Pres. Donald Trump
Elon Musk's Net Worth Takes $27 Billion Hit Amid Feud With Pres. Donald Trump

Yahoo

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Elon Musk's Net Worth Takes $27 Billion Hit Amid Feud With Pres. Donald Trump

Elon Musk's exit from President Donald Trump's White House has resulted in the two towering figures feuding online, with the richest man in the world's net worth taking a significant hit due to the back-and-forth. Finance pub Forbes reports that Musk's net worth fell below $400 billion this Thursday, dropping from $414.7 billion to $388 billion, a difference of around $26.7 billion. More specifically, Musk's Tesla stock declined 14%, or $47 per share, to $285 on what Forbes calls, 'an otherwise flat day for the market.' The drop in value came almost immediately after Musk and Pres. Trump began exchanging blows on social media Thursday (June 5), with Musk claiming that Trump would've never been elected for a second term if it were not for him (Musk spent nearly $300 million backing Trump and other Republicans in last year's election) while Trump accused Musk of having 'Trump Derangement Syndrome.' Musk also accused Trump of being listed on the Jefferey Epstein files, suggesting the current president has a direct connection to the late sex offender and financier. 'Time to drop the really big bomb,' Musk wrote on X, which he owns. '[Trump] is in the Epstein files. That is the real reason they have not been made public.' He later followed up, 'Mark this post for the future. The truth will come out.' The rift seemingly began after Musk exited his role as one of Trump's advisors and head of the Department of Government Efficiency (DOGE). Soon after, Elon called out Trump and Republicans for passing the One Big Beautiful Bill, which Musk deemed a 'massive, outrageous, pork-filled Congressional spending bill' that is a 'disgusting abomination.' Trump fired back by suggesting he would terminate government contracts with Musk's businesses, which include rocket company SpaceX and its satellite unit Starlink. This threat is possibly what led to Musk's businesses dropping in value literally overnight. The Hill reports that White House Press Secretary Karoline Leavitt called Thursday's spat 'an unfortunate episode from Elon, who is unhappy with the One Big Beautiful Bill because it does not include the policies he wanted. The President is focused on passing this historic piece of legislation and making our country great again.' More from Donald Trump's Pardon For NBA YoungBoy Could Be In Jeopardy Donald Trump Announces Travel Ban And Restrictions Affecting 19 Countries Following Terrorist Attack In Colorado Elon Musk Slams Donald Trump Agenda Bill Days After White House Exit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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