logo
Weigh in on Sydney Sweeney or run the world? Trump, for better or worse, attempts it all

Weigh in on Sydney Sweeney or run the world? Trump, for better or worse, attempts it all

Synopsis
Donald Trump has maintained a hands-on approach as US President. He uses social media and direct engagement to influence various issues. Trump intervenes in business matters and international conflicts. He fired a Bureau head and criticized Intel. He also commented on a jeans commercial. Critics question his focus, but the White House defends his decisive leadership.
AP Trump's style, which can confound both his friends and his foes, is dramatically different from his more traditional predecessors. From firing people to promoting jeans, calling for peace deals or the renaming of a sports team, President Donald Trump keeps a lot on his proverbial to-do list. Much of it is unrelated to running the country. More than six months into his second term as U.S. commander-in-chief, Trump, a former New York businessman and reality television host, has applied a hands-on management style and producer-like attitude toward governing, relying largely on his own instincts for decisions large and small. Using the tools of social media and a propensity for bullying, Trump personally wades into issues inside and outside the federal government to get his way. He harangues company executives to invest in America and uses trade deals as leverage over foreign leaders to end conflicts. Last week he fired the head of the Bureau of Labor Statistics over unproven allegations she falsified figures that he didn't like. This week he called for the head of Intel to step down over ties with China, and the company's stock fell.
In recent months he has pressed the Washington Commanders football team to change its name back to the Redskins, forced universities to pay huge amounts to the federal government, boosted retailer American Eagle Outfitters' shares with a compliment about a controversial jeans commercial featuring actor Sydney Sweeney and attempted to shore up Republican power by pushing for political redistricting in Texas.
Trump's style, which can confound both his friends and his foes, is dramatically different from his more traditional predecessors. It has earned him condemnation for being caustic and praise for being effective at getting what he wants. "While he delves into topics that are certainly distractions relative to the big business of leading the world's greatest nation, it can also be said that past presidents have excessively deferred to the bureaucracy and failed to deliver the change their voters expected," said Carlos Curbelo, a Republican former congressman from Florida. "Trump views himself more as the CEO of the U.S.A. than as president," Curbelo added. "It's good for decision making and challenging for the constitutional order which made our country the world's greatest economic and military force." Trump has taken on academia, the legal world, media companies, athletics, the federal bureaucracy and more, all while retooling the world economy with tariffs, cracking down on immigration flows, upending relations with allies and putting his stamp on American culture. Though he has a team of advisers, the president frequently follows his own counsel, making policy decisions and then announcing them himself, ramifications aside. "I think what a lot of people miss about Trump is he's the marketer-in-chief," said Ford O'Connell, a Republican strategist with ties to the White House. "Not only is he his own best press secretary, he's also his own best chief-of-staff."Critics question why Trump gets bogged down in issues that are secondary to his goals of strengthening the U.S. economy, for example, or achieving a peace deal between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy. "He's commenting one moment on ... Putin and tariffs and all that's happening in the world and the next moment he's talking about, oh, Sydney Sweeney, and all these other issues that are completely unrelated to being president of the United States," said Charlie Dent, a Republican former congressman from Pennsylvania. "He simply can't focus." The White House said Trump is using his skills to deliver on policy priorities. "President Trump's leadership style can be summed up plainly as decisive and commanding," said White House spokesman Harrison Fields. Trump also employs a talent to distract when facing difficulty. Though that super power has largely eluded him with the controversy over sexual offender Jeffrey Epstein and the Department of Justice's refusal to release files related to the disgraced financier's case, Trump's broad ability to change the subject and dominate the news cycle has stupefied his opponents for years. "His leadership style is much closer to that of an executive producer, and the executive producer who has a really big picture understanding of the audience," said Republican strategist Kevin Madden, a senior adviser to former Massachusetts Governor Mitt Romney's 2008 and 2012 presidential campaigns. "I think he trusts his instincts about the audience over anybody else, and that's why you see him oftentimes, you know, managing his own policy portfolio." Trump, though not a stickler for detail on all things policy-related, does get into the weeds on things he cares about, both cultural and political, including redecorating the Oval Office with gold, paving over the Rose Garden and building a new ballroom on the White House grounds. On Tuesday, reporters bantered with the president while he walked on the roof of the White House press room, surveying the grounds for what he said were more ways to spend his money. The White House said Trump and other donors plan to pay for the $200 million ballroom project, which is slated to be finished before his second term concludes. "I think narcissists do get bogged down in details because they think that everything is a reflection of them," said Republican strategist Rina Shah. "When he decides to focus on the minutia, he's forgetting about the bigger picture. And that's kind of a disservice to the office." Where critics see such disservice, the White House sees results. On the eve of presiding over a U.S.-brokered peace framework between Azerbaijan and Armenia this week, Trump took to social media to tout his involvement: "Many Leaders have tried to end the War, with no success, until now, thanks to 'TRUMP.'"
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Can Trump's Fannie Mae and Freddie Mac IPO plan slash mortgage rates? Bill Ackman says...
Can Trump's Fannie Mae and Freddie Mac IPO plan slash mortgage rates? Bill Ackman says...

Economic Times

time18 minutes ago

  • Economic Times

Can Trump's Fannie Mae and Freddie Mac IPO plan slash mortgage rates? Bill Ackman says...

Synopsis Donald Trump is reportedly planning to IPO Fannie Mae and Freddie Mac, potentially the largest IPO in history. Billionaire Investor Bill Ackman suggests merging the two mortgage giants to reduce mortgage rates and government oversight costs. Ackman believes privatization could yield substantial gains for the government, citing their improved capitalization and government backing. AP American hedge fund manager Bill Ackman took to X, formerly known as Twitter, and one way to reduce mortgage rates would be to merge government-sponsored enterprises Fannie Mae and Freddie Mac US President Donald Trump Saturday seemed to acknowledge reporting by The Wall Street Journal on Friday that he plans to IPO Fannie Mae and Freddie Mac by the end of this year. The President and his economic advisers are planning a historic sale of stock in Fannie Mae and Freddie Mac, the government-owned mortgage giants that help provide stability and affordability to America's home loan market. Reacting to the development, American hedge fund manager Bill Ackman took to X, formerly known as Twitter, and one way to reduce mortgage rates would be to merge government-sponsored enterprises Fannie Mae and Freddie Mac. He suggested the merger move would help reduce mortgage rates and achieve huge synergies both in their operations and in the trading price. ALSO READ: 'Ban Gay sex, end women's voting': Pete Hegseth sparks controversy for re-posting pastor's radical message Bill Ackman said Fannie and Freddie merger would also reduce the costs and risks of government way to reduce mortgage rates would be to merge Fannie and Freddie. A merger would enable them to achieve huge synergies both in their operations and in the trading price and spreads of their MBS, savings which could be passed along to consumers in the form of reduced mortgage rates, Ackman wrote in his post. "A merger would also reduce the cost and risks of government oversight as there would be only one institution that would require FHFA oversight. I suspect that this is @realDonaldTrump 's idea as implied by his post below. It's a really good one," his post read. US-government owned twin giants, Fannie Mae and Freddie Mac are tasked with expanding credit availability in the American market by securitising mortgages. Their shares surged over 20 per cent on Friday after the Wall Street Journal reported that the Trump administration may privatise the two institutions this year. ALSO READ: Powerball jackpot rises to $479 million: Who won lottery jackpot last night? Lotto results, drawing time US President Donald Trump has previously met the top leadership of US investment banks such as Citigroup, the Bank of America, Goldman Sachs and JPMorgan Chase to explore potential public offerings of the twin mortgage giants, Reuters reported, citing an the plans have not been finalised yet, and Trump continues to weigh various options, according to a senior administration official. But the White House believes an initial public offering of up to 15% of the two companies' shares could raise $30 billion, which could make it the largest IPO in has been weighing an IPO for years now. During his first term, Trump attempted — but ultimately failed — to privatize Fannie Mae and Freddie Mac, removing them from government conservatorship. Now, in his second term, he has revived the push. In May, he wrote on Truth Social that he was 'giving very serious consideration to bringing Fannie Mae and Freddie Mac public,' adding that he would consult with his Cabinet before making a decision 'in the near future.'Trump has argued for the monetisation of these two institutions, which were brought under US government control in the aftermath of the 2008 financial crisis. In May this year, Trump floated the idea while emphasising that the government will maintain its implicit guarantees for the securities issued by the two institutions. ALSO READ: Last planet parade of 2025 happening today? How to watch the rare planetary alignment in the US Trump backer Bill Ackman, a long-time shareholder in the twin behemoths, has repeatedly called for their privatisation. Ackman, founder, Pershing Capital Management, told Forbes magazine last month that the US government is the preferred stockholder of the twins, and in a position to realise gains worth $300 billion. He argued that the two institutions were 'vastly better capitalised' today than for the past 60 two institutions are not banks, but tap creditworthy mortgage buyers and pack the mortgages in securities to be sold on the market, Ackman explained. Fannie Mae and Freddie Mac have guarantees worth $7 trillion coupled with enormous cash flows, apart from a government backing, underlining their ability to weather any future crisis, Ackman added.

Trump demands $1 billion from UCLA over antisemitism claims: Here's why California says it's political
Trump demands $1 billion from UCLA over antisemitism claims: Here's why California says it's political

Time of India

time42 minutes ago

  • Time of India

Trump demands $1 billion from UCLA over antisemitism claims: Here's why California says it's political

The administration of US President Donald Trump is seeking a $1 billion settlement from the University of California, Los Angeles (UCLA), following accusations from the Department of Justice (DOJ) that the university violated federal civil rights laws by failing to address antisemitic incidents on campus. Tired of too many ads? go ad free now A White House official, speaking on condition of anonymity, confirmed the demand, as reported by the Associated Press. UCLA is the first public university to face such a large-scale financial penalty amid the Trump administration's broader push to reform higher education institutions it claims are failing to uphold civil rights protections. Federal funding for UCLA was suspended earlier, totalling $584 million, according to university officials. DOJ cites violation of civil rights law and the Fourteenth Amendment According to a DOJ finding issued on July 29, UCLA violated Title VI of the Civil Rights Act of 1964 and the equal protection clause of the Fourteenth Amendment by 'acting with deliberate indifference in creating a hostile educational environment for Jewish and Israeli students,' as reported by the Associated Press. The allegations stem largely from the university's handling of protests related to the 2024 Israel-Hamas war. During one night of unrest, counterprotesters attacked a pro-Palestinian encampment on UCLA's campus, resulting in several injuries before police intervened hours later. Over 200 individuals were arrested the following day after refusing orders to disband. Jewish students reported being blocked from campus areas and classrooms by demonstrators. California officials respond to $1 billion demand California Governor Gavin Newsom accused the Trump administration of using financial threats for political purposes. Tired of too many ads? go ad free now Speaking to reporters, he said, 'He has threatened us through extortion with a billion-dollar fine unless we do his bidding,' as quoted by the Associated Press. He contrasted California's response with settlements reached by private institutions, stating, 'We will not be like some of those other institutions that have followed a different path. ' James B. Milliken, president of the University of California, said the university had 'just received' the DOJ document and would review it. He noted that such a settlement 'would completely devastate our country's greatest public university system,' as reported by the Associated Press. Milliken, who recently assumed office, stated the university had offered to engage in a 'good faith dialogue' with the DOJ. Settlements with other universities set precedent The Trump administration has already reached civil rights settlements with other institutions, including $50 million from Brown University and $221 million from Columbia University. Columbia also regained access to over $400 million in research grants. Negotiations with Harvard University are ongoing, with the administration reportedly pressing for a larger settlement. UCLA previously settled separate civil rights lawsuit Last week, UCLA reached a $6 million settlement in a civil rights lawsuit filed by three Jewish students and a Jewish professor. The university also committed $2.3 million to organisations addressing antisemitism and supporting its Jewish community. As part of broader reforms, UCLA established an Office of Campus and Community Safety and introduced new systemwide protest guidelines. As reported by the Associated Press, Chancellor Julio Frenk, whose family history includes Holocaust survivors, also launched an initiative aimed at combating antisemitism and anti-Israeli bias on campus. TOI Education is on WhatsApp now. Follow us .

Can Trump's Fannie Mae and Freddie Mac IPO plan slash mortgage rates? Bill Ackman says...
Can Trump's Fannie Mae and Freddie Mac IPO plan slash mortgage rates? Bill Ackman says...

Time of India

timean hour ago

  • Time of India

Can Trump's Fannie Mae and Freddie Mac IPO plan slash mortgage rates? Bill Ackman says...

What did Bill Ackman say? Live Events Bill Ackman's call for privatisation (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel US President Donald Trump Saturday seemed to acknowledge reporting by The Wall Street Journal on Friday that he plans to IPO Fannie Mae and Freddie Mac by the end of this year. The President and his economic advisers are planning a historic sale of stock in Fannie Mae and Freddie Mac, the government-owned mortgage giants that help provide stability and affordability to America's home loan to the development, American hedge fund manager Bill Ackman took to X, formerly known as Twitter, and one way to reduce mortgage rates would be to merge government-sponsored enterprises Fannie Mae and Freddie Mac. He suggested the merger move would help reduce mortgage rates and achieve huge synergies both in their operations and in the trading Ackman said Fannie and Freddie merger would also reduce the costs and risks of government way to reduce mortgage rates would be to merge Fannie and Freddie. A merger would enable them to achieve huge synergies both in their operations and in the trading price and spreads of their MBS, savings which could be passed along to consumers in the form of reduced mortgage rates, Ackman wrote in his post."A merger would also reduce the cost and risks of government oversight as there would be only one institution that would require FHFA oversight. I suspect that this is @realDonaldTrump 's idea as implied by his post below. It's a really good one," his post owned twin giants, Fannie Mae and Freddie Mac are tasked with expanding credit availability in the American market by securitising mortgages. Their shares surged over 20 per cent on Friday after the Wall Street Journal reported that the Trump administration may privatise the two institutions this President Donald Trump has previously met the top leadership of US investment banks such as Citigroup, the Bank of America, Goldman Sachs and JPMorgan Chase to explore potential public offerings of the twin mortgage giants, Reuters reported, citing an the plans have not been finalised yet, and Trump continues to weigh various options, according to a senior administration official. But the White House believes an initial public offering of up to 15% of the two companies' shares could raise $30 billion, which could make it the largest IPO in has been weighing an IPO for years now. During his first term, Trump attempted — but ultimately failed — to privatize Fannie Mae and Freddie Mac, removing them from government conservatorship. Now, in his second term, he has revived the push. In May, he wrote on Truth Social that he was 'giving very serious consideration to bringing Fannie Mae and Freddie Mac public,' adding that he would consult with his Cabinet before making a decision 'in the near future.'Trump has argued for the monetisation of these two institutions, which were brought under US government control in the aftermath of the 2008 financial crisis. In May this year, Trump floated the idea while emphasising that the government will maintain its implicit guarantees for the securities issued by the two backer Bill Ackman, a long-time shareholder in the twin behemoths, has repeatedly called for their privatisation. Ackman, founder, Pershing Capital Management, told Forbes magazine last month that the US government is the preferred stockholder of the twins, and in a position to realise gains worth $300 billion. He argued that the two institutions were 'vastly better capitalised' today than for the past 60 two institutions are not banks, but tap creditworthy mortgage buyers and pack the mortgages in securities to be sold on the market, Ackman explained. Fannie Mae and Freddie Mac have guarantees worth $7 trillion coupled with enormous cash flows, apart from a government backing, underlining their ability to weather any future crisis, Ackman added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store