Live updates: Trump suggests congressional Democrats who seek to impeach him should be expelled
President Donald Trump suggested in a late-night post on social media Thursday that congressional Democrats who seek to impeach him should be expelled. Rep. Shri Thanedar (D-Michigan) introduced articles of impeachment against Trump this week that Democratic leaders have not embraced. During Trump's first term, the Democratic-led House impeached him twice, but he was acquitted both times in the Senate. The White House has advertised only one event on Trump's schedule Friday: an appearance at a Republican National Committee gala at his Mar-a-Lago estate in Florida. The White House is expected to release a partial budget proposal Friday that calls for $163 billion in cuts to federal spending in the next fiscal year.
The Democratic National Committee is launching a new outreach program today targeting four moderate House Republicans. Dubbed the 'Fight to Save Medicaid,' the initiative intends to put pressure on Reps. Brian Fitzpatrick (Pennsylvania), Michael Lawler (New York), Don Bacon (Nebraska) and Tom Barrett (Michigan) to vote against Republicans' tax bill.
The White House on Friday will release a partial budget proposal that calls for $163 billion in cuts to federal spending in the next fiscal year, a person familiar with the matter confirmed.
The upcoming 'skinny budget' will propose cuts to a broad array of federal spending on environmental, education, foreign aid and health-care programs, including many of those already targeted for reductions by the Trump administration or billionaire Elon Musk's U.S. DOGE Service, the person said.
President Donald Trump signed an executive order on Thursday evening seeking to prohibit federal funding for NPR and the Public Broadcasting Service (PBS). The order, which could be subject to legal challenge, called the broadcasters' news coverage 'biased and partisan.'
Senate Democrats who have complained of a Trump administration impervious to their pleas for oversight and accountability, following recent national security blunders, will soon have the opportunity to interrogate the man at the heart of it all.
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CBS News
6 minutes ago
- CBS News
Maryland, New Jersey, Delaware, Colorado sue Trump administration over plan to distribute machine gun converters
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CNBC
8 minutes ago
- CNBC
Ron Insana says Trump's spending bill unlikely to generate the economic boom he promised
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Business Insider
9 minutes ago
- Business Insider
Tesla stock gets a fresh downgrade, with the Musk-Trump fight fueling uncertainty and risk of 'brand damage'
Tesla stock got a fresh downgrade on Monday following a dramatic public feud between Elon Musk and President Donald Trump last week. Analysts at Baird downgraded shares of Tesla from "Buy" to "Neutral," saying the Musk-Trump spat has heightened the potential for brand damage. "The recent incident between Musk and President Trump exemplifies key-person risk associated with Musk's political activities," senior research analyst Ben Kallo wrote in a client note Monday. "While we have no indication of how the relationship may change or what either will do, we see the situation as adding uncertainty to TSLA's outlook." The note added that "brand damage has occurred and, when coupled with increasing competition, will fuel bearish narratives regarding demand." Shortly after leaving the White House earlier this month, Musk took to social media to criticize Trump's "big beautiful" tax and spending bill that has been moving through Congress. "This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination," Musk said on X. As Musk's criticisms ramped up, Trump eventually responded, with the president threatening to cut Musk's government contracts with his companies, like SpaceX. But Baird said the public feud is just one reason for its downgrade. Rising competition from China in the EV space could eat into Tesla's market share, the firm said, and tariffs could disrupt its supply chains in the near term. Investors' expectations for Tesla's robotaxi rollout are also too high, Baird said. "Musk has said there will be hundreds of thousands of vehicles on the road by 2H next year," Kallo wrote. "We model 6K, and while we don't think the volume of cars matters in the near term as much as establishing a presence in the arena, we do think the robotaxi business will be harder (and likely less profitable) than the lofty expectations held by several investors." Tesla shares have risen nearly 70% in the last 12 months but have fallen 26% so far in 2025.
