Fox News Politics Newsletter: 'Totally lost it'
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…
-Trump's border wall expansion moves forward in several critical areas: 'Crisis is not yet over'
-Trump admin asks Supreme Court to life injunction blocking dismantling of Education Dept
-Elon Musk may speak to Trump aides in push to calm feud
President Donald Trump told Fox News on Friday that he isn't interested in talking to SpaceX and Tesla CEO Elon Musk, adding that "Elon's totally lost it."
Trump also said to Fox News' Bret Baier that he isn't worried about Musk's suggestion to form a new political party, citing favorable polls and strong support from Republicans on Capitol Hill.
The comments come as Musk and Trump have been arguing over social media in recent days…Read more
FEUD AFTER VICTORY: Who deserves the most credit for president's resounding 2024 White House win
TAX BATTLE ROYALE: Trump's tariff strategy could pay for his tax bill, but only if they stick, experts warn
'VENDETTA': Judge temporarily blocks Trump admin's entry ban for international Harvard students
NOT HAPPY: Biden book author reveals how White House staff truly felt about Karine Jean-Pierre as press secretary
BORDER BLITZ: Trump administration drops hammer on 'narco sub' cocaine ring as cartels threaten US borders
'BEGAN TO FEEL ILL': South Sudan deportations have placed migrants, and ICE officials, in danger: new court filing
DEFENDING THE CUTS: House Budget chairman explains why there's no 'pork' in Trump tax bill after Elon Musk attacks
POLITICS IN ORBIT: Claim Trump nixed top Musk ally from NASA post over Dem donations belied by ex-Dems on team
UNITY ON IMMIGRATION: Handful of House Democrats join Republicans in sanctuary city crackdown
'IT'S ABSURD': Dems who want ICE agents unmasked 'mandated mask wearing for years' during COVID
'WORLD STANDARD': Risch urges 'top to bottom' USAID spending review after waste, fraud exposed
MICHIGAN GOES GUARD: After 'agro-terror' fungus caught in Detroit, MI House says it has best national plan to blunt CCP influence
Get the latest updates on the Trump administration and Congress, exclusive interviews and more on FoxNews.com.
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Yahoo
29 minutes ago
- Yahoo
Why Musk's feud with Trump could jeopardize his business empire
Elon Musk, the world's richest man, may have made himself an enemy of the world's most powerful leader. The public blowout between Musk and President Trump is threatening the tech billionaire's businesses, some of which have billions of dollars' worth of federal contracts. Musk's aerospace company SpaceX alone reportedly has at least $22 billion in federal contracts — which Trump had threatened to revoke at the peak of his feud with his former adviser. 'Trump goes after people, companies and organizations he doesn't like,' said Peter Loge, a professor at George Washington University and former senior FDA adviser during the Obama administration. 'As a real estate developer, politician and president, he has used every tool at his disposal to punish people he thinks have wronged him,' Loge added. 'Unless Musk expresses contrition, Trump is likely to hurt him in every way he can think of. If Musk is contrite, he can be welcomed back into the Trump tent.' While the two could reconcile in the future, observers agree the dramatic turn of events leaves Musk's business empire vulnerable to Trump's wrath. Trump, at one point during Thursday's back-and-forth, threatened to cut Musk's government contracts as he called his former adviser 'crazy.' 'The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts. I was always surprised that Biden didn't do it!' Trump wrote in a Truth Social post. Musk, in turn, said he would decommission SpaceX's Dragon spacecraft, which is responsible for ferrying astronauts and cargo to and from the International Space Station. He later backed off, after an X user urged him to 'cool off and take a step back.' The exchange underscored how Musk's business ventures could get caught in the crosshairs of any feud with the president, who is known to have a proclivity for retribution. 'If this turns into a hot war, certainly, the consequences for Musk's business relationship with the federal government could be in peril, or at least significantly complicated,' said GOP strategist and Trump campaign alum Brian Seitchik. The tech billionaire officially departed the White House last week after a four-month stint in government in which he seemed to rarely leave Trump's side, becoming a near constant presence at Mar-a-Lago, Cabinet meetings and the Oval Office. He exited the administration seemingly on good terms with Trump despite his pushback against the president's sweeping tax and spending bill — the centerpiece of Trump's domestic policy agenda, which is projected to add trillions of dollars to the deficit. Trump presented Musk with a golden key to the White House during a Friday farewell ceremony in Oval Office, during which the duo downplayed their differences and spoke highly of each other's work. However, Musk sharpened his criticism of Trump's 'big, beautiful bill' soon after, as he slammed the legislation as a 'disgusting abomination.' The president responded Thursday, saying he was 'very surprised' and 'disappointed' by Musk's comments and cast doubt on the future of their relationship. 'Elon and I had a great relationship. I don't know if we will anymore,' Trump said during an Oval Office appearance alongside German Chancellor Friedrich Merz. The situation quickly devolved into personal attacks. Musk fired back on his social platform X, suggesting the president would have lost the 2024 election without him, linking Trump to disgraced financier Jeffrey Epstein and backing calls for the president's impeachment. As the feud dragged on Thursday, Tesla's stock plunged 14 percent Thursday, costing the electric vehicle maker more than $150 billion. The company was still trying to fully recover from the fallout of Musk's highly controversial role in the Trump administration, leading the Department of Government Efficiency (DOGE). Tesla's stock is down 20 percent since the start of the year. 'The social media and war of words back and forth is not good for anyone and put massive pressure on Tesla shares with fears that Trump will turn from friend to foe and create a tough regulatory environment for Musk in the Beltway,' Wedbush Securities analysts wrote in a note Friday. 'Musk needs Trump and Trump needs Musk for many reasons, and these two becoming friends again will be a huge relief for Tesla shares,' they added. Ross Gerber, a longtime Tesla investor and CEO of Gerber Kawasaki Wealth and Investment Management, slammed Musk for the ripple effects his comments may have had on Tesla's stock. 'Trump is an angry and vindictive man who doesn't forget when slighted. This doesn't get solved other than Elon groveling back and publicly apologizing,' Gerber wrote on X Friday, adding in an earlier post, 'So Tesla investors are down $140 billion over this break up. About how much Musk claimed to saving for the US government.' As the back-and-forth unfolded Thursday, Gerber quipped, 'Can someone please take the phone away from him [Musk].' When pressed on the feud, White House press secretary Karoline Leavitt said Musk has a right to speak for his companies. 'So the only difference between Friday and today is Elon went back to his companies. And, as a businessman, he has a right to speak for his companies. But as president, President Trump has a responsibility to fight for this country,' she said Thursday on FOX News Channel's 'Hannity.' While Trump could pose new risks to Musk's business outlooks, analysts say the fight could also impede the president's ability to run the government. SpaceX held federal contracts with agencies like NASA and the Pentagon long before Trump's presidency, becoming a crucial partner to the federal government as it phased out the space shuttle program. If Musk reverses on his decision to keep Dragon in commission, experts say it could debilitate the U.S. space program 'If such threats were carried out, it would be catastrophic,' said space policy expert Mark Whittington, adding later, 'Without SpaceX, we're back to being dependent on the Russians.' NASA has increasingly relied on SpaceX for its infrastructure, including the Dragon capsule, which is the only U.S. system capable of getting crews to the International Space Station. Russia's Souyuz capsules, the Associated Press reported, are the only other way to get crews to the space station. While both Trump and Musk have much to lose from a war, some Republicans veterans aren't ruling out the chance of a reconciliation. 'There's always the possibility that Trump is serious about this, but I think if you take the 'Art of the Deal' seriously, he is often maximally negotiating,' said GOP strategist Chris Johnson. The feud appeared to cool slightly Friday morning, as Musk seemingly agreed with a post from hedge fund manager Bill Ackman, who suggested the pair 'should make peace for the benefit of our great country.' But Trump has shown no desire to talk to Musk despite reports the two might speak on the phone. 'I won't be speaking to him for a while, I guess, but I wish him well,' Trump told CNN's Dana Bash on Friday. Tesla's stock partially recovered amid hopes of a détente, rising 5 percent. 'If Musk is able to sue for peace and the onus is on him to make peace with Trump, then it'll be a blip in the screen and their bromance will be restored,' Seitchik told The Hill. However, he added, 'If this call goes poorly and this continues to escalate, then certainly Trump will look for every bit of leverage to inflict pain on Elon Musk and his businesses.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Sign in to access your portfolio
Yahoo
29 minutes ago
- Yahoo
Corporate support for Pride is dwindling nationwide. In NC, it's a mixed bag
Pride Month has long been an occasion for companies and institutions to display their support for the LGBTQ+ community, whether it be for profit or for principle. It's often a trivial gesture, but it can have a meaningful impact for a community that had long been relegated to the shadows of society. But more recently, that support has waned amid a regressive political climate that has made many companies rethink their commitments to diversity, equity and inclusion. A survey conducted by the national risk management firm Gravity Research found that around 39% of companies said they would reduce their engagement around Pride Month this year. Some of the top reasons for the change were the Trump administration, conservative activists and conservative policymakers, the survey found. Major corporations, including Mastercard and Pepsi, have pulled their sponsorship of major Pride events or avoided the topic on social media. In North Carolina, the results are mixed. Take Lowe's, which is based in Mooresville. Lowe's hasn't yet acknowledged Pride Month on its social media — a marked difference from past years when it openly embraced the occasion. That's not unexpected, given that Lowe's has already announced an end to many of its DEI initiatives. Last year, the company said it would no longer participate in surveys conducted by LGBTQ+ groups and ended its support of outside events like festivals, parades and fairs. (Lowe's had previously been a longtime supporter of Charlotte's annual Pride festival.) But surprising or not, it's reflective of a growing trend away from publicly embracing the LGBTQ+ community. Charlotte-based Bank of America also has remained quiet about Pride so far. In past years, Bank of America has been vocal about celebrating the occasion on social media and honoring its LGBTQ+ employees with the hashtag #BofAPride, but that support has been absent this year. Compare that with Truist, which posted in celebration of Pride on its Facebook and Instagram accounts. For North Carolina's professional sports teams, the results are mixed, too. While the Carolina Panthers and Charlotte Hornets both celebrated the start of Pride on social media, the Carolina Hurricanes have not. In fact, the team has remained largely silent about Pride since 2023 — the Hurricanes are one of just a handful NHL teams to not acknowledge it this year — a decision that has disappointed many fans who feel a simple acknowledgment of the occasion is not too much to ask. The same goes for the state's largest cities. The city of Charlotte posted on its social media accounts at the beginning of Pride, in addition to updating its profile picture to a rainbow version of the city's crown logo. The cities of Raleigh and Greensboro, however, did not. This move toward silence comes at a time when things like Pride celebrations and flags are under attack from lawmakers across the state. Legislation has been introduced at the state level that would effectively ban the display of Pride flags in government buildings, while some counties have passed ordinances governing public events that some interpret as targeting Pride events or drag performances. Of course, a social media post is just that: a social media post. It's not going to defeat anti-LGBTQ legislation, or save gay kids from being bullied, or change the country's attitude towards transgender people — at least not on its own. From some companies, it's just a lot of empty words or glorified virtue signaling. But public support for any marginalized group can be meaningful, especially when it happens on a large scale. And when institutions cower in the face of political pressure to stay silent, they're just letting the bullies win. It makes real change all the more difficult. Ultimately, it's not the silence that is the problem. It's the fact that the silence is new — a sudden absence of the public support and acceptance that existed before. It feels like another step backward during a time when progress feels like it's constantly stuck in reverse.
Yahoo
29 minutes ago
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Veterans, supporters hold D-Day demonstration in Longmont
A group of demonstrators gathered at Sixth Avenue and Main Street in Longmont on Friday, the anniversary of D-Day, to advocate for veterans' jobs, benefits and health care under the U.S. Department of Veterans Affairs at a time when VA jobs have come under threat of significant cuts by the Trump administration. It's been 81 years since that fateful day when U.S. troops invaded Normandy in 1944, and some local protesters say they are still fighting for the same rights and protections that were promised to U.S. veterans back when the federal government first passed the GI Bill. Longmont Community Drummers members Mary Rose, right, and Ann Hartzler, not pictured, play as demonstrators wave and hold signs during a rally to recognize the 81st anniversary of D-Day and to support veterans at Sixth Avenue and Main Street in Longmont on Friday. (Matthew Jonas/Staff Photographer) Protesters huddled together on the sidewalk, holding American flags and signs that said 'Support Our Veterans' and 'Protect the VA.' Some of them played drums. Several cars driving past the busy intersection honked their horns or rolled down their windows to lend a whoop or cheer. Mary Kathleen Rose, a Longmont resident and local activist, brought her drum set and said she was out protesting to help drive change in the country. Richard Kellog, a veteran who served in the Air Force during the 'secret war' in southeast Asia, was among the demonstrators. Kellog benefits from VA medical care, a disability pension and the college education he received through the GI Bill. Kellog said he knows many veterans who are already being negatively affected by cuts to the VA, like the roughly 6,000 or more veterans whose firings have already reportedly hit. Due to labor cuts, the VA isn't as responsive as it needs to be, he argued. And he fears it will only get worse — he is particularly concerned about losing the pensions that he depends on. Lyn Lowry, a local organizer, said she came out to rally for all the veterans who are on the verge of losing the benefits they fought so hard to gain. Despite the VA already being short-staffed, they've cut people, she argued. One piece of collateral damage from VA staff cuts could include necessary medical research, according to Lowry, such as treatment for combat soldiers with severe wounds. 'These people fought for us. We've made a promise to them, and we need to keep that promise,' she said. But across the street, a smaller group of protesters felt differently. Jann Ertl, a Longmont resident since 1944 and counter-protester, sported a Vietnam Veteran baseball cap and a jumbo-sized Donald Trump sticker poking out of the front pocket of his button-up shirt. 'As you can see, I feel a little differently than these other people do,' he said with a grin, pointing to the protesters across the street and then back at the MAGA sticker in his shirt pocket. 'With all these anti-Trumpers out here, I thought I would kind of stand out here and talk to people about all of the good things that Trump is doing.' 'Well, the way I look at it, Trump has a beautiful wife. He has lots and lots of money. He has lots of real estate and golf courses and things that will help him in his future life. But what he doesn't have is notoriety. He doesn't care about fame,' Ertl said. He argued Trump will be the best president the United States has ever had because of his unique ability to get his agenda passed, referencing Trump's 1987 book, 'The Art of the Deal.' On a local level, Ertl said, he'd like to see a new governor come in and cut out wasteful state spending, too. 'When you drive around here in Longmont, you see all kinds of projects going on that the state should not be paying for,' he said, referencing the Colorado 119 Commuter Bikeway Project that's currently underway, with construction estimated to wrap up sometime in 2027, as an example. 'It's right down the middle of this very, very busy highway. People are going to get killed on that bicycle path,' he said. Ertl is a Vietnam veteran and has had partial vision loss. 'The VA takes very good care of me,' he said. But they are often wasteful, he said, adding a personal example of an eye doctor insisting he get new glasses because they are covered by the VA, when his current glasses are perfectly fine. 'That's true waste,' he said. 'I've lived in Colorado since 1944, so you can guess how old I am. I'm a world traveler, and I think Trump knows what he's doing, and it's going very well for us.' Across the street, friends Portia Buchanan and Ana Johnson came out to Friday's rally to fight against hate, they said. Johnson comes from a family of veterans, many of whom served in World War II. She brought with her a sign that had photos of all of the veterans in her family tree, pointing out faded photographs of her Aunt Opal, an Air Force nurse; her Uncle Bill, a paratrooper; her cousin Robert, who was killed in Vietnam. 'Veterans are a big deal in my family, and what the current government is doing is pretty terrible to our veterans,' she said, citing information on a flyer from that 1.2 million veterans live in SNAP-dependent households and that 80,000 VA jobs are potentially on the chopping block. An estimated 30% of federal employees are veterans, according to a report on 2023 data by the Partnership for Public Service, a significantly higher figure than the estimated 5% of veterans in the overall civilian labor force. 'I'm very concerned because all of these people served to defend our democracy. Now it's time for us to do everything we can to fight for our democracy,' Johnson said.
