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The Craic with Petesy Carroll Friday 20250801

The Craic with Petesy Carroll Friday 20250801

Yahoo6 days ago
President Trump ignores questions from journalists as he plays round of golf at Scottish resort
U.S. President Donald Trump ignored questions from journalists as he played a round of golf at a Scottish resort on Saturday morning. A Sky News journalist was heard asking Trump, "Mr Trump, are you enjoying the Scottish hospitality? Can you escape the Jeffrey Epstein crisis?" referring to convicted sex offender Jeffrey Epstein. Questions over Trump's past ties with Epstein and secret files related to him have dogged the administration despite the president being otherwise at the height of his political influence.
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Trump's ‘Slap in the Face' Puts Neutral Switzerland in Trade-War Crossfire
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Hours of tense negotiations to strike a deal on President Donald Trump's nominees blew up Saturday night, and now lawmakers are headed home. Senate Republicans and Democrats were quick to point the finger at one another for the deal's demise, but it was ultimately Trump who nuked the talks. Pirro Confirmed As D.c. U.s. Attorney Amid Partisan Clash As Dem Nominee Blockade Continues In a lengthy post on his social media platform Truth Social, Trump accused Senate Minority Leader Chuck Schumer, D-N.Y., of "demanding over One Billion Dollars in order to approve a small number of our highly qualified nominees." "This demand is egregious and unprecedented, and would be embarrassing to the Republican Party if it were accepted. It is political extortion, by any other name," Trump said. "Tell Schumer, who is under tremendous political pressure from within his own party, the Radical Left Lunatics, to GO TO HELL!" "Do not accept the offer," he continued. "Go home and explain to your constituents what bad people the Democrats are, and what a great job the Republicans are doing, and have done, for our Country. Have a great RECESS and, MAKE AMERICA GREAT AGAIN!!!" Read On The Fox News App Dems Dig In, Trump Demands All: Nominee Fight Boils Over In Senate As Gop Looks For A Deal Instead of finding a pathway to vote on as many as 60 of the president's nominees, all of which moved through committee with bipartisan support, lawmakers rapid-fire voted on seven before leaving Washington until September. But Schumer treated Trump's move as a victory for Senate Democrats. He countered that it was the president who gave up on negotiations while he and Senate Majority Leader John Thune, R-S.D., worked to find a bipartisan solution, "provided the White House and Senate Republicans met our demands." "He took his ball, he went home, leaving Democrats and Republicans alike wondering what the hell happened," Schumer said, standing next to a poster-sized version of the president's post. "Trump's all-caps Tweet said it all," he continued. "In a fit of rage, Trump threw in the towel, sent Republicans home, and was unable to do the basic work of negotiating." But prior to the president's edict, both sides of the aisle believed they were on the verge of a breakthrough to both meet Trump's desire to see his nominees confirmed and leave Washington. Thune said that there were "lots of offers" made between him and Schumer over the course of negotiations. "There were several different times where I think either or both sides maybe thought there was a deal in the end," he said. Senate Democrats wanted the White House to unfreeze billions in National Institute of Health and foreign aid funding, in addition to a future agreement that no more clawback packages would come from the White House. In exchange, they would greenlight several of Trump's non-controversial nominees. Recess On Ice As Republicans Hunker Down For High-stakes Nominee Blitz Sen. Markwayne Mullin, R-Okla., accused Schumer of going "too far" by upping the price tag on his demands. "We've had three different deals since last night," he said. "And every time it's been, every time it's 'I want more,'" Mullin said of Schumer's demands. He said that Republicans weren't caught off guard by Trump's call to halt talks, and noted that the White House had been heavily involved in negotiations. "You get to a realization that there was, it was never about making a deal," he continued. "They want to go out and say the President's being unrealistic, and because he can't answer to his base to make a deal like we have in every other president in history." Now, Republicans won't pursue recess appointments, but Mullin noted that moving ahead with a rule change to the confirmation process when lawmakers return in September was going to happen in response. "The asks evolved on both sides quite a bit over time," Thune said. "But in the end, we never got to a place where we had both sides agree to lock it in." Senate Democrats, on the other hand, countered that their offer never changed, and that Republicans kept increasing the number of nominees they wanted across the line, and attempted to include more controversial, partisan picks. Schumer wouldn't reveal the details of his demands, but charged that any changes to Senate rules would be a "huge mistake," and urged Trump to work with Senate Democrats moving forward, particularly as Congress hurtles toward yet another deadline to fund the government in September. "They should stop listening to him," Schumer said. "If they want to do what's good for the American people, they shouldn't be in blind obeisance to Donald Trump."Original article source: Trump tells Schumer to 'GO TO HELL' over Senate nominee deal funding demands after negotiations collapse

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Tariffs putting the squeeze on businesses and consumers while bringing in billions of dollars for the United States government. A job market that is showing major signs of cracking even as the unemployment rate remains subdued. Tech stocks surging on Wall Street, fueled by the artificial intelligence boom — as many other sectors are ailing. As Commerce Secretary Howard Lutnick said on social media earlier this week: 'the Trump economy has officially arrived.' The past week was already primed to be a doozy for data, with investors and analysts eagerly anticipating updates about economic growth, jobs and the Fed's latest interest rate decision. Major companies like Apple, Amazon, Meta and Microsoft reported their latest financial results. Trump's deadline for trade deals was set for Friday. But what happened this week turned out to be more extraordinary than anyone expected. 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Later that day, the Federal Reserve announced it was keeping its benchmark interest rate unchanged, in part due to those inflation concerns. That drew the ire of Trump, who has spent weeks hounding Fed Chair Jerome Powell to lower the key lending rate. In remarks following the central bank's announcement, Powell pointed to ongoing concerns about the potential for Trump's tariffs to raise prices for U.S. consumers — but critically, referred to the jobs market as 'solid.' Notably, two members of the rate-setting board — both appointed by Trump — dissented, the first time that has occurred in more than three decades. Blowout earnings from Microsoft and Facebook parent Meta — two companies at the center of the AI investment boom, which is a key part of Trump's domestic agenda — helped the stock market reach fresh highs early Thursday. Microsoft briefly became the second company to be worth more than $4 trillion on the stock market. 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At 8:30 a.m., the Bureau of Labor Statistics published revisions showing sharply lower jobs totals for May and June than initially reported, while also finding the economy had added just 73,000 jobs in July, far below expectations. All told, it suggested the U.S. has gained an average of just 35,000 jobs a month over the past three months — and excluding the increases seen in the health care industry, the U.S. had lost more jobs than it had created. The unemployment rate, however, remained at 4.2%, a sign that overall joblessness remains subdued. However, many economists noted the data point is largely attributable to the president's immigration crackdown, which is shrinking the overall labor force. The White House hailed the loss of foreign-born workers as it also noted a more sustained increase in the labor force among native-born workers. 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'President Trump is once again destroying the credibility of our government by firing expert and nonpartisan officials because he does not like the facts that they present,' said Max Stier, the CEO of the nonpartisan Partnership for Public Service. 'Governments that go down this path find themselves in ugly territory very quickly.' It was not clear whether the outgoing BLS commissioner, Erika McEntarfer, a Biden administration appointee, would seek to challenge her removal in court. As it turns out, in addition to nominating a new head of the critical data agency, Trump will also get to name a new member to the Fed's rate-setting board after Adriana Kugler, another Joe Biden appointee, unexpectedly announced her resignation late Friday. Both nominees still must be confirmed by the Senate, which remains narrowly controlled by the GOP. Asked if the White House continued to harbor concerns about the direction of the economy, Kush Desai, a White House spokesman, issued the following statement: 'In his first term, President Trump used an America First economic agenda to deliver historic working class prosperity and the first reduction in wealth and income inequality in decades. In his [second] term, President Trump is implementing the very same policy mix of deregulation, fairer trade, and pro-growth tax cuts at an even bigger scale — as these policies take effect, the best is yet to come.' That view is not shared among other economists. 'All of this is troubling: a weakening economy, slowing labor market, rising inflation, rising tariffs, political influence on a statistical agency, more political influence on Fed, tensions with Russia & the onset of a market correction,' EY Parthenon chief economist Greg Daco wrote on X. This article was originally published on Sign in to access your portfolio

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