Trump says Fed's Powell must lower interest rate
'ADP number out. 'Too Late' Powell must now lower the rate. He is unbelievable. Europe has lowered nine times,' Trump said in a Truth Social post.
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News18
41 minutes ago
- News18
Epstein's Former Lawyer Reacts To Musk's ‘Big Bomb' On Trump: ‘I Specifically Asked Him'
Last Updated: Despite Trump's previous social ties to Epstein, no public documents released so far directly implicate him in Epstein's criminal enterprise. David Schoen, who briefly represented Jeffrey Epstein before his death in 2019, has publicly rejected Elon Musk's explosive claim that US President Donald Trump is named in the unreleased Epstein files. Schoen said he directly asked Epstein about Trump's involvement and was told there was none. 'I specifically asked him whether Donald Trump was ever involved in anything like that. He said no," Schoen said in newly reported remarks, responding to Musk's viral post on X claiming that 'Trump is in the Epstein files." Schoen said Epstein had first approached him in February 2019 but officially retained him just nine days before dying in federal custody. He noted that during this period, he saw no documentation or evidence suggesting Trump's involvement in any criminal behaviour tied to Epstein's sex trafficking network. Musk's claim has stirred political backlash and prompted House Democrats to demand answers from Attorney General Pam Bondi and FBI Director Kash Patel. Lawmakers are seeking confirmation on whether Trump's name appears in redacted or undisclosed sections of the Epstein case files. 'Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!" said Musk in an X post. Notably, the feud between Musk and Trump has intensified in recent weeks, with Musk publicly withdrawing his support and calling for a probe against Trump. The US President responded by calling Musk 'a lunatic" who 'lost his mind." Despite Trump's previous social ties to Epstein, no public documents released so far directly implicate him in Epstein's criminal enterprise. Legal experts and investigators have noted that many names in the files are mentioned in passing, often without accusations or evidence of wrongdoing. The Department of Justice has not commented on Musk's claims or the Democrats' request for transparency. Get breaking news, in-depth analysis, and expert perspectives on everything from geopolitics to diplomacy and global trends. Stay informed with the latest world news only on News18. Download the News18 App to stay updated! First Published: June 07, 2025, 00:00 IST
Time of India
42 minutes ago
- Time of India
What Mark Cuban and other billionaires said on Donald Trump-Elon Musk breakup
The public relationship between and US President unraveled on Thursday (June 5) following Musk's criticism of a key legislative initiative. The dispute, which escalated rapidly, saw both figures engage in public exchanges, leading to significant financial repercussions for Musk. Tired of too many ads? go ad free now The exchange began when Musk, who departed his role at DOGE in May, criticised the Trump Administration's " Big Beautiful Bill ." Musk labeled the legislation the "Debt Slavery Bill" and the "Big Ugly Spending Bill." President Trump responded during a White House event, defending the bill and subsequently threatening to cancel government contracts associated with Musk's companies via a post on Truth Social. This led to a decline in Tesla shares . The public dispute between the two prominent figures has since drawn commentary from various business leaders, including , Bill Ackman, Vinod Khosla and others. Here's what business leaders said about Musk-Trump online spat Mark Cuban The former "Shark Tank" star Mark Cuban endorsed Musk's idea of creating a new political party. Cuban reshared Musk's poll on X with three check marks Bill Ackman Billionaire Bill Ackman backed both Trump and Musk on X, advising them to "make peace for the benefit of our country." 'We are much stronger together than apart,' he said with Musk responding, 'You're not wrong.' Paul Graham Y Combinator cofounder Paul Graham shared his thoughts X, saying, 'A lot of people seem to be treating this as if it were just a beef. But the underlying allegation is a very serious one. If it's true, Trump is surely going to have to resign,' he wrote in a post on X. Vinod Khosla Vinond Khosla, who has been a critic of Musk, supported the Tesla CEO on his stand on deficit. Tired of too many ads? go ad free now 'Despite our differences, I admire your speaking up on the deficit!' Notably, Khosla endorsed Kamala Harris and was engaged in verbal spat online with Musk multiple times. Anthony Scaramucci Anthony Scaramucci, who has been a critic of Trump, voiced his support for Musk. 'Elon is right about Trump," the former Goldman Sachs investment banker said in an X post. In a separate post on Friday, Scaramucci said that "Elon lasted 12 Scaramuccis," a tongue-in-cheek reference to his 10-day tenure as White House communications director before Trump fired him. Shaun Maguire In an X post, Sequoia partner Shaun Maguire praised Musk for sticking to his guns. 'Elon leaves it all on the field. And he puts what he believes in ahead of himself. How can you not be inspired by that,' he added. Gary Cohn According to Gary Cohn, IBM's vice chairman, things could be very different next week, cautioning against overreacting to the situation. 'If we've learned one thing over the Trump administration, this is a few hours, the world could be completely different a week from now. It's not like the White House is sitting there only worried about the Elon Musk situation,' he said on CNBC. JBL Tune Beam 2 Review: The TWS Earbuds That Punch Above Their Weight!
The Hindu
42 minutes ago
- The Hindu
Insular, paranoid: on Donald Trump, the U.S., legal migration
President Donald Trump's decision to ban citizens from 12 countries from entering the United States, citing national security concerns, is yet another attempt by his five-month-old administration to tear down legal migration. Mr. Trump's decision in 2017, during his first term, to ban citizens from seven Muslim-majority countries had triggered chaos and protests at America's airports, evoked criticism of the unstated racism and xenophobia, and led to legal challenges. This time, Mr. Trump has focused on mostly West Asia and Africa. Citizens from Afghanistan, Myanmar, Chad, the Republic of Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen would be banned, while people from Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan and Venezuela will face restrictions. The ban applies only to people outside the U.S. but those with active visas who leave the country could face difficulty during re-entry. Mr. Trump argued that the ban, which came days after the arrest of an Egyptian man for carrying out an attack on a group honouring the Gaza hostages, would help prevent terrorist attacks and keep out those who overstay their visas. Egypt, a close American ally, and Spain, which saw 20,000 of its citizens overstay their visas in 2023, are not on the list, but Chad, whose visa overstay number is as low as 400, is. Since his swearing-in as the President, in January, for the second time, Mr. Trump has taken a series of measures to crack down on migration. He has suspended the asylum system at the southern border and ended temporary legal residency for Haitians, Venezuelans and Cubans. He has also removed the legal status of thousands of foreign students and instructed U.S. diplomatic missions to pause scheduling new visa interviews as his administration prepares to vet the social media handles of students and scholars. His policies targeting international students have already spread chaos and uncertainty across America's universities. Now, the outright ban on citizens from a group of countries reinforces the erosion of the self-image of the U.S. — 'the shining city on a hill' as Ronald Reagan once called it — as a pluralistic, open society. Mr. Trump's claim that immigrants bring crime into the U.S. is ill-founded. Many of the people seeking entry into the U.S., from countries that had seen American military intervention, such as Haiti and Afghanistan, are fleeing war, persecution and systemic violence. They are not national security threats but victims in search of refuge. By shutting America's doors on them, and immigrants in general, Mr. Trump is not making the U.S. safer. Rather, he is turning a country, which historically welcomed immigration and has benefited from it, into an insular, paranoid, self-doubting republic.
