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American Military News
2 days ago
- Business
- American Military News
Videos: $92 billion in energy, technology investment unveiled by Trump admin
President Donald Trump touted $92 billion in technology and energy investments in Pennsylvania by 20 different companies during a speech at Carnegie Mellon University on Tuesday. The president claimed that the investments reflect the 'true golden age' of the United States. 'I think we have a true golden age for America. And we've been showing it, and it truly is the hottest country anywhere in the world,' Trump said during Tuesday's Pennsylvania Energy and Innovation Summit at Carnegie Mellon University. 'And you're going to see some real action here. So get ready.' .@POTUS: "We are building a future where American workers will forge the steel, produce the energy, build the factories… I think we have a true Golden Age for America… it truly is the HOTTEST country anywhere in the world." 🔥 — Trump War Room (@TrumpWarRoom) July 15, 2025 'This afternoon, 20 leading technology and energy companies are announcing more than $92 billion of investments in Pennsylvania,' Trump said. 'This is a really triumphant day for the people of the Commonwealth and for the United States of America. We're doing things that nobody ever thought possible.' 🚨@POTUS announced $92 BILLION of investments coming to Pennsylvania!💸 — The White House (@WhiteHouse) July 15, 2025 According to The Daily Caller, the $92 billion in technology and energy investments announced at Tuesday's summit include investments in Pennsylvania's natural gas plants, hydropower facilities, and artificial intelligence data centers. During Tuesday's Pennsylvania Energy and Innovation Summit, Trump explained that the energy and technology investment commitments by 20 different companies will ensure that 'the future is going to be designed, built and made right here in Pennsylvania and right here in Pittsburgh, and, I have to say, right here in the United States of America.' READ MORE: Video: 'American Drone Dominance' unleashed by Trump admin The president added that the investments discussed at Tuesday's summit include over $36 billion in new data center projects and over $56 billion in new energy infrastructure. Trump also noted that 'a lot more' investments would be 'announced in the coming weeks.' The White House confirmed that Tuesday's investments include a $25 billion investment by Google into infrastructure and data centers, a $25 billion investment by Blackstone into natural gas plants and data centers, and a $6 billion investment by CoreWeave into data center expansion. Trump also announced on Tuesday that Knighthead Capital Management is investing $15 billion to help 'resurrect' the Homer City Generating Station. The president said the former coal-fired power plant will become the 'largest natural gas-fired power plant ever to be built in North America.' .@POTUS: I promised I would save the Homer City Power Plant that Biden's Green New Scam forced to shut down — and I'm pleased to report that with a $15B dollar investment from Knighthead Capital Management, the Homer City site is being resurrected as the largest natural gas-fired… — Rapid Response 47 (@RapidResponse47) July 15, 2025
Forbes
14-07-2025
- Politics
- Forbes
Trump Gave Hints He Might Withhold Epstein Files Before 2024 Election
President Donald Trump hesitated when asked if he would release the so-called Epstein files in their entirety in a newly resurfaced Fox News interview from last year—underscoring Trump's desire to quash conversations about Jeffrey Epstein, contradicting demands from some in his base to dig deeper into conspiracy theories surrounding the convicted sex offender. President Donald Trump delivers remarks during a White House Faith Office luncheon in the State ... More Dining Room at the White House on July 14, 2025 in Washington, DC. (Photo by) Getty Images Trump sounded hesitant when asked by Fox News in a June 2024 interview if he would declassify the Epstein files, telling the network he was less inclined to release the documents versus the documents on the government's investigations into the deaths of John F. Kennedy and Martin Luther King Jr. Trump said 'you don't want to affect people's lives if it's phony stuff in there,' referring to the Epstein files, but said he would 'certainly' want to release more information about how Epstein died, because 'that was a weird situation, and the cameras didn't have to be working.' Fox cut the interview so viewers only saw Trump say 'yeah, yeah, I would' when asked if he would declassify the Epstein files, rather than the full answer where he expresses some reservations about doing so. Trump's campaign account, Trump War Room, also shared the edited version of the clip, while Semafor also reported on the deceptive editing, noting the full clip was later aired on Will Cain's Fox News radio show. The edited clip is making the rounds on social media as Trump faces growing backlash from his base over the Justice Department's decision not to release any additional documents related to its investigation into Epstein—despite top law enforcement officials repeatedly suggesting more revelations were forthcoming. Some of Trump's supporters have expressed frustration and anger over the lack of additional revelations from his administration on Epstein. Backlash has intensified over the past week after the Justice Department released a memo saying it would not release any additional information on its Epstein probe. The memo concluded that Epstein died by suicide and did not maintain a so-called client list, despite Attorney General Pam Bondi saying in February the list was 'on [her] desk.' The White House walked back Bondi's statement last week after the memo was released and said she meant that the entirety of the documents from the Epstein investigation were in her possession. Trump also defended Bondi in a Truth Social post over the weekend and urged his followers to move on from Epstein, alleging the files were manufactured by Democrats. Tangent Calls for Bondi's ouster are growing in the wake of last week's memo. Trump ally Tucker Carlson is the latest MAGA figure to criticize Bondi, telling NBC in an interview published Monday the backlash is warranted because she made 'a bunch of ludicrous claims' about the Epstein files. Tucker Carlson Blasts Pam Bondi For 'A Bunch Of Ludicrous Claims' About Epstein Files—As Backlash Mounts (Forbes) Trump Praises Bongino After Reports He Might Quit As 'Epstein Files' Fallout Continues: A Timeline Of Events (Forbes) Pam Bondi Under Fire From MAGA —Megyn Kelly, Laura Loomer And More—Over Epstein Probe (Forbes) Trump Calls Questions About Epstein Investigation A 'Desecration' Amid Pushback From Right-Wing Base (Forbes)
USA Today
27-06-2025
- Politics
- USA Today
Trump 'daddy' shirt with his mugshot is for sale, latest riff of NATO leader's comment
President Donald Trump's supporters can now purchase a shirt that labels Trump as "daddy" following comments from a NATO leader. NATO Secretary General Mark Rutte later said he wasn't talking about Trump specifically when he said "daddy has to sometimes use strong language." But the Trump world has seized on the moment, releasing a video of Trump set to "Hey Daddy (Daddy's Home)" by Usher on June 25. Now, they're selling "Daddy" merch, too. The Trump War Room, run by Trump's campaign operation, posted June 26 on X a shirt with Trump's mugshot that says "Daddy" in bold letters underneath. His mugshot was taken following his 2023 arrest in Georgia on charges alleging he tried to overturn the 2020 election results. (He pleaded not guilty, and the case is currently facing delays.) The shirts are on sale for $35 and the Win Red website indicates they are available in a limited quantity. More: T1 Phone latest golden accessory from Trump world after sneakers, seatbelts and tweezers Sizzle reel shows Trump at NATO summit set to 'Hey Daddy' by Usher Trump was in the Netherlands for the NATO Summit on June 24 and 25. Defense Secretary Pete Hegseth, Secretary of State Marco Rubio and Chief of Staff Susie Wiles also traveled with him. The alliance of 32 countries agreed to increase their defense spending, which Trump has called a win. But the "daddy" comment seems to have overshadowed much of the Summit news. The shirt follows a video created by the White House and posted on social media. The video is something of a sizzle reel is set to "Hey Daddy (Daddy's Home)" by Usher. The song is frequently used in TikTok videos, often as the background of flirtatious or sexualized videos of men. Who called Trump 'daddy?' NATO Secretary Mark Rutte used the word "daddy," but he denied that he used it to describe Trump. "Daddy has to sometimes use strong language," Rutte said. On his way to the summit, Trump cursed when talking about the Iran-Israel ceasefire, which appeared to be on shaky ground at the time. Rutte said at a later press conference he was using "daddy" to refer to U.S. leadership in general, explaining that he views how some European countries talk about the U.S as a child-parent relationship. Mark Rutte's message to Trump: 'It will be your win' NATO leaders were generally complimentary of Trump in hopes that Trump would agree to their mutual defense principle. The praise started before the summit, with a text from Rutte to Trump that the president later posted on social media. "Donald, you have driven us to a really, really, important moment for America and Europe, and the world," Rutte's message read. "Safe travels and see you at His Majesty's dinner!" NATO Summit recap: Alliance gives Trump higher spending NATO stands for the North Atlantic Treaty Organization, a security alliance of 32 countries from North America and Europe. The NATO Summit happens at key moments for the alliance rather than on regular periods. The last summit was held in Washington, D.C., in July 2024. NATO leaders on June 25 endorsed higher defense spending that Trump has demanded. "We reaffirm our ironclad commitment to collective defense as enshrined in Article 5 of the Washington Treaty – that an attack on one is an attack on all," the brief communique stated, according to Reuters. Contributing: John Bacon, Francesca Chambers, Jorge L. Ortiz, Nicole Fallert, USA TODAY Kinsey Crowley is the Trump Connect reporter for the USA TODAY Network. Reach her at kcrowley@ Follow her on X and TikTok @kinseycrowley or Bluesky at @
Time of India
20-06-2025
- Politics
- Time of India
Trump Excludes Gabbard, Hegseth From Secret Iran Strategy Group Amid Nuclear War Fears
President Donald Trump has reportedly removed Defense Secretary Pete Hegseth and Director of National Intelligence Tulsi Gabbard from high-level discussions surrounding the Iran-Israel conflict. Sources suggest Gabbard's opposition to claims that Iran is pursuing a nuclear weapon contributed to her exclusion. Hegseth has also been sidelined as military generals take charge of operations in the Middle East. Trump now leans on a tight inner circle, including Vice President Vance and Secretary of State Rubio, to shape Iran policy. Despite denials from officials, Gabbard's absence from key meetings and her history of challenging US intelligence assessments point to a diminished role. The White House is expected to decide within two weeks whether to support Israel's bombing campaign against Iran. The situation reveals deep divisions in Washington as nuclear fears and war rhetoric intensify.#IranIsraelCrisis #TrumpWarRoom #TulsiGabbard #PeteHegseth #MiddleEastConflict #ClusterOfPower #WhiteHouseDrama #IranNuclearCrisis #USIsraelAlliance #NationalSecurity
Yahoo
13-05-2025
- Business
- Yahoo
Trump tariffs have little impact on prices so far, defying grim forecasts
Prices climbed at an unexpectedly slow pace last month, offering a boost to President Donald Trump, whose aggressive trade policies have sparked fears of a resurgence in inflation. The Labor Department on Tuesday reported that prices rose at an annual rate of 2.3 percent, the smallest increase since early 2021. While price growth in so-called core sectors of the economy — which exclude volatile food and energy costs — remained elevated at 2.8 percent, April's Consumer Price Index contained only scant evidence that Trump's tariffs have meaningfully driven up the cost of living. 'President Trump's plan to unleash American energy, cut regulations, and slash government waste is working!' The Trump War Room, an organ for the president's political operation, posted on X after Tuesday's report. The CPI report will likely bolster the administration's claims that grim forecasts for the economy have been overblown. Most polls have Trump's approval rating underwater as voters sour on his economic policies. The report will also amplify Trump's calls for Federal Reserve Chair Jerome Powell to lower interest rates. Powell and other Fed policymakers have warned that the rapid escalation of import costs may soon cause consumer prices to spike and that the central bank needs to keep inflation at bay. And many economists still expect inflation to rebound in the coming months. Analysts at Citi say they expect the personal consumption expenditures index — the Fed's preferred inflation gauge — to climb by 3 percent by the end of the year. While that is less than their previous forecast for 3.5 percent inflation, it's still well above the Fed's annual target of 2 percent. Even though tariff rates have fallen since the administration negotiated a temporary détente with China, Fed Governor Adriana Kugler said Monday that the administration's new taxes on imports are still 'pretty high' and that she expects inflation to rise and growth to slow soon. So far, that hasn't happened. Few economists had expected that overall inflation surged last month. But there was broad anticipation that Trump's levies on Chinese imports, steel and aluminum and certain Canadian and Mexican products had caused prices for apparel, electronics and other consumer goods to spike. If anything, the opposite occurred: The cost of clothing and new cars — two areas that were highly exposed to Trump's initial levies — both fell. The price of certain electronics and consumer goods, including household furnishings, computers, photographic and audio equipment, did rise last month, but that had little effect on the general cost of goods. The primary driver of April inflation was housing-related, accounting for more than half of the overall monthly increase. 'There is some evidence of modest tariff pass-through in the April data, but it was somewhat less widespread than I had expected,' Omair Sharif, the founder of Inflation Insights, said in a client note. Inflation expectations had been increasing even before the bulk of Trump's tariffs took effect. Consumers now project prices to rise at a rate of 3.2 percent over the next three years, the New York Fed reported Friday. That's the highest monthly reading since July 2022, around the period when post-pandemic inflation was at its peak. New York Fed President John Williams, speaking at an economic conference in Reykjavik, Iceland, said over the weekend that keeping inflation expectations in check is a 'bedrock' of central banking. 'Maintaining well-anchored inflation expectations' is critical, Williams said, per Bloomberg. That's especially true 'when uncertainty is very high.'
