Ex-Fed governor explains his view for ‘regime change' at the Federal Reserve as Trump mulls Powell replacement
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The Hill
25 minutes ago
- The Hill
Hassett says market won't influence Trump tariffs: ‘These are the final deals'
National Economic Council (NEC) Director Kevin Hassett said on Sunday that a market reaction to President Trump's tariff policies will not deter him from proceeding with his plans to levy fees on imports. In an interview on NBC News's 'Meet the Press,' Kristen Welker asked the White House economic adviser whether Trump could change the tariff rates again, if the market reacted as it did in April, when the tariff announcement sent stocks tumbling. 'The markets have seen what we're doing and celebrated them, so I don't see how that would happen,' Hassett responded when asked about a future change to the tariff rates. Welker pressed Hassett: 'Okay, but not ruling it out?' 'No, I would rule it out,' Hassett responded. 'Because these are the final deals.' Trump signed an executive order Thursday that modified tariff rates for dozens of countries after he had twice delayed plans to implement 'reciprocal' tariffs on other nations. Tariff rates range from as high as 41 percent on goods from Syria to as low as 10 percent, the baseline established for all imports. The executive order states that all imports will face a 10 percent tariff. The order goes into effect Aug. 7. Some nations have negotiated separate trade agreements to lock in tariff rates. For example, Indonesia and Thailand agreed to a 19 percent tariff, South Korea and Japan negotiated deals that included a 15 percent tariff, and the United Kingdom struck a deal for a 10 percent tariff. Certain other nations that have not negotiated deals will face higher rates. Hassett touted the tariff deals that the president has struck and said those rates are 'more or less locked in' as other countries might continue to press for negotiations, even after the tariffs kick in. 'We have eight deals that cover about 55 percent of world GDP with our biggest trading partners, the EU and Japan, Korea and so on,' Hassett said. 'I expect that those matters are more or less locked in, although there will have to be some dancing around the edges about exactly what we mean when we do this or that. 'For the deals that aren't ready yet, they're going to get the reciprocal rates soon, and then we would expect that there might continue to be negotiations with those countries,' he added.
New York Post
25 minutes ago
- New York Post
Prez rips Lara Trump guest, Charlamagne tha God, after he made brash claim about Epstein and the GOP
President Trump unleashed on Charlamagne tha God — calling him a 'sleazebag' and 'Low IQ individual' — after the talk radio star went on Lara Trump's Fox News show to saying he believed the Epstein scandal could end MAGA's hold on the Republican party. Appearing on 'My View' with the president's daughter-in-law on Saturday, Charlamagne — real name Lenard Larry McKelvey — claimed that 'traditional conservatives' were about to take over the GOP again. Trump wasn't having it. Advertisement 'The very wonderful and talented Lara Trump, whose show is a big ratings success, put racist sleazebag Charlamagne 'The God,'' Trump fumed on Truth Social in the wee Sunday morning hours. 'Why is he allowed to use the word 'GOD' when describing himself?' 3 Charlamagne tha God posited that the GOP is going through significant upheaval over the Jeffrey Epstein drama. Getty Images 'He's a Low IQ individual, has no idea what words are coming out of his mouth, and knows nothing about me or what I have done – like just ending 5 Wars, including a 31 year bloodbath between Republic of the Congo and Rwanda.' Advertisement While Trump didn't reveal a specific grievance with what Charlamagne said on Lara's show, it came after 'The Breakfast Club' co-host weighed in on the scandal over the Trump administration's delay in releasing files related to pedophile financier Jeffrey Epstein. 3 Lara Trump had a spirited exchange with Charlamagne tha God. Getty Images Charlamagne claimed that the Epstein row is a 'political coup going on right now in the Republican Party that people are not paying attention to.' Last month, the MAGA base erupted over a July 6 Justice Department and FBI memo that concluded the evidence suggests Epstein killed himself and did not have an 'incriminating client list.' Advertisement Trump had ripped into elements of the MAGA base for harping on the issue and blamed Democrats for kicking up the 'Epstein Hoax.' 'I think that traditional conservatives are going to take the Republican Party back,' Charlamagne said. 'I think this Epstein thing is going to be a way for traditional conservatives to take their party back, I really do.' He added: 'I think they know this is the issue that has gotten the base riled up. The MAGA base isn't letting this issue go, and for the first time, they know they can probably take the party back and not piss off the MAGA base.' The 'Breakfast Club' host described Trump as a 'once-in-a-lifetime, one-on-one, political juggernaut.' Still, he panned Trump's performance across the board and contended that Americans are still struggling economically under his watch. Advertisement 'Right now people are hurting,' Charlamagne argued. 'He campaigned on immediate change. Day one change.' He also pointed to former US ambassador to the United Nations Nikki Haley as a Republican he could see himself backing. 3 President Trump did not seem pleased with Charlamagne tha God's appearance on Lara Trump's 'My View' show. Getty Images Trump further dinged Charlamagne and accused him of not knowing about his accomplishments in office. 'He didn't know that, or India and Pakistan or, wiping out Iran's nuclear capabilities, or closing the horrendous open Border, or creating the greatest economy, where prices and Inflation have come way down,' Trump vented, referring to his efforts to end wars overseas. 'But this dope, Charlamagne, would vote for Sleepy Joe or Kamala? Remember, one year ago our Country was DEAD, now it's the 'HOTTEST' Country anywhere in the World. MAGA!!!'
Newsweek
25 minutes ago
- Newsweek
Full List of Democrats Who Voted for New Trump-Pick Confirmations
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Several Democrats voted over the weekend to confirm nominees appointed by President Donald Trump, including for the Department of Defense and the Department of Justice. Newsweek contacted the Democratic National Committee via online form for comment on Sunday. Why It Matters Democrats appear to be divided over how to approach Trump and his administration. While many have been hesitant or slow to confirm his nominees, several Senate Democrats broke with party expectations by voting in favor of his nominees, which ultimately helped advance some of his picks. As reported by Newsweek, the Democrats' bind over how to handle Trump spilled out on the House floor this week when New Jersey Senator Cory Booker delivered an impassioned speech on the Senate floor Tuesday, criticizing his fellow Democrats for what he perceives as "complicity" with Trump's administration. Booker's remarks were instigated by an exchange with other Democratic senators over a package of law-enforcement funding bills. The seal of the U.S. Senate on December 27, 2012, on Capitol Hill in Washington, D.C. The seal of the U.S. Senate on December 27, 2012, on Capitol Hill in Washington, D.C. PAUL J. RICHARDS/AFP viaWhat To Know The official Trump-pick confirmations and the Democrats who voted for them are as follows: Adam Telle: Department of Defense Angela Alsobrooks (Maryland) Tammy Baldwin (Wisconsin) Chris Coons (Delaware) Catherine Cortez Masto (Nevada) Dick Durbin (Illinois) John Fetterman (Pennsylvania) Kirsten Gillibrand (New York) Maggie Hassan (New Hampshire) Martin Heinrich (New Mexico) John Hickenlooper (Colorado) Tim Kaine (Virginia) Mark Kelly (Arizona) Amy Klobuchar (Minnesota) Gary Peters (Michigan) Jack Reed (Rhode Island) Jacky Rosen (Nevada) Jeanne Shaheen (New Hampshire) Elissa Slotkin (Michigan) Mark Warner (Virginia) Raphael Warnock (Georgia) Sheldon Whitehouse (Rhode Island) Jason Reding Quinones: Department of Justice Dick Durbin (Illinois) Andrew Puzder: Department of State Maggie Hassan (New Hampshire) Jeanne Shaheen (New Hampshire) John Arrigo: Department of State Jeanne Shaheen (New Hampshire) Mark Warner (Virginia) Sean Cairncross: Executive Office of the President Angela Alsobrooks (Maryland) Tammy Baldwin (Wisconsin) Chris Coons (Delaware) Catherine Cortez Masto (Nevada) Dick Durbin (Illinois) John Fetterman (Pennsylvania) Kirsten Gillibrand (New York) Maggie Hassan (New Hampshire) Martin Heinrich (New Mexico) John Hickenlooper (Colorado) Tim Kaine (Virginia) Mark Kelly (Arizona) Amy Klobuchar (Minnesota) Gary Peters (Michigan) Jack Reed (Rhode Island) Jacky Rosen (Nevada) Jeanne Shaheen (New Hampshire) Elissa Slotkin (Michigan) Mark Warner (Virginia) Raphael Warnock (Georgia) Sheldon Whitehouse (Rhode Island) Richard Blumenthal (Connecticut) Lisa Blunt Rochester (Delaware) Cory Booker (New Jersey) Maria Cantwell (Washington) Tammy Duckworth (Illinois) Mazie Hirono (Hawaii) Andy Kim (New Jersey) Ben Ray Luján (New Mexico) Ed Markey (Massachusetts) Jeff Merkley (Oregon) Chris Murphy (Connecticut) Patty Murray (Washington) Jon Ossoff (Georgia) Alex Padilla (California) Brian Schatz (Hawaii) Adam Schiff (California) Chuck Schumer (New York) Tina Smith (Minnesota) Chris Van Hollen (Maryland) Elizabeth Warren (Massachusetts) Ron Wyden (Oregon) Marcus Molinaro: Department of Transportation Angela Alsobrooks (Maryland) Tammy Baldwin (Wisconsin) Miriam Cantwell (Washington) Chris Coons (Delaware) Catherine Cortez Masto (Nevada) Dick Durbin (Illinois) John Fetterman (Pennsylvania) Maggie Hassan (New Hampshire) Mazie Hirono (Hawaii) Mark Kelly (Arizona) Andy Kim (New Jersey) Amy Klobuchar (Minnesota) Gary Peters (Michigan) Jack Reed (Rhode Island) Jacky Rosen (Nevada) Brian Schatz (Hawaii) Jeanne Shaheen (New Hampshire) Elissa Slotkin (Michigan) Mark Warner (Virginia) Raphael Warnock (Georgia) Luke Lindberg: Department of Agriculture Angela Alsobrooks (Maryland) Tammy Baldwin (Wisconsin) Chris Coons (Delaware) Catherine Cortez Masto (Nevada) Dick Durbin (Illinois) John Fetterman (Pennsylvania) Kirsten Gillibrand (New York) Maggie Hassan (New Hampshire) Martin Heinrich (New Mexico) John Hickenlooper (Colorado) Tim Kaine (Virginia) Mark Kelly (Arizona) Amy Klobuchar (Minnesota) Gary Peters (Michigan) Jack Reed (Rhode Island) Jacky Rosen (Nevada) Jeanne Shaheen (New Hampshire) Elissa Slotkin (Michigan) Mark Warner (Virginia) Raphael Warnock (Georgia) Sheldon Whitehouse (Rhode Island) What People Are Saying New Jersey Senator Cory Booker, in a speech on the Senate floor Tuesday regarding specific bills: "This, to me, is a problem with Democrats in America right now, is we're willing to be complicit to Donald Trump…to let this pass through when we have all the leverage right now." "We are standing at a moment where our president is eviscerating the Constitution of the United States of America, and we're willing to go along with it today. No. No. Not on my watch." What Happens Next With more key positions still awaiting confirmation, the spotlight now turns to upcoming Senate hearings, where further bipartisan cooperation—or division—could shape the direction of Trump's agenda.
