Latest news with #WhartonSchoolofFinance
Yahoo
4 days ago
- Entertainment
- Yahoo
The Ugly Truth About Trump's ‘Appalling' Hair: Biographer
Donald Trump's signature hairdo is all about grabbing maximum attention, author Michael Wolff told The Daily Beast Podcast this week. Wolff, author of a series of books about Trump in power, said the president viewed his hair as part of a wider strategy to stand out—including from Joe Biden on the 2024 campaign trail. 'He looks gray,' Wolff said of Biden. 'He's washed-out. You know, his hair is—what's left of it—is gray. The skin is gray. The suits are gray.' 'And Trump would point out, 'Look at him,'' he continued. ''Nobody even sees him. Everybody notices me.' Which is absolutely true. And side by side, you know, who do you notice? You notice this guy, this appalling-looking guy who is Donald Trump, and not just the relatively normal old man-looking guy that Biden was.' Wolff said Trump's entire appearance is 'by design.' 'He looks that way because he thinks that's an effective way to look,' he added. The White House did not immediately return a request for comment on the biographer's characterization. Wolff also referenced a passage from Stormy Daniels' book, where the porn star described a conversation she claims to have had with Trump about his locks during their alleged 2006 relationship. (Trump has denied any affair). In Full Disclosure, Daniels wrote that she asked Trump about his hairdo, and he admitted it was 'ridiculous.' Trump claimed that 'every celebrity stylist' had offered to fix it, but he declined, according to the 2019 book. 'Everybody talks about it,' Trump said, per Daniels. 'It's my thing. It's my trademark. Plus, if I let this person do it, it will just piss off all these other people. 'Well, why did you let him do it?' I know a lot of people who would kill to do it. The best. The best of the best.' Daniels' claims are backed up in part by an unexpected source: Seth Rogen. The actor, who appeared alongside her in Knocked Up (2007), says Daniels once told him about a bizarre exchange she claimed to have had with Trump about his hair. In the 2024 documentary Stormy, Rogen recalls Daniels saying that Trump believed his 'power' was tied to his hair, and that if he lost it, he'd lose his 'power and his stature.' 'And that's why, even though he knows it's ridiculous and... objectively not passing all the checkmarks you would want a head of hair to pass, to him that is preferable than cutting it off because he has, like, superstitions about it,' Rogen said. Wolff has been in Trump's firing line after claiming on The Daily Beast Podcast last week that the president's war on Harvard stems, at least in part, from a personal grudge over being rejected by the school. 'That story is totally FALSE, I never applied to Harvard,' Trump fumed on Truth Social Monday. 'I graduated from the Wharton School of Finance at the University of Pennsylvania. He is upset because his book about me was a total 'BOMB.' Nobody wanted it, because his 'reporting' and reputation is so bad!' Wolff's most recent book, All or Nothing: How Trump Recaptured America, also drew an angry outburst from the president at the time of its release in February. Trump called the book a 'total FAKE JOB' and 'obviously fictitious.'
Yahoo
6 days ago
- Business
- Yahoo
Trump unleashes TruthSocial tirade and blasts ‘false' claim he is attacking Harvard because he didn't get in
President Donald Trump has furiously denied claims that he is attacking Harvard because he didn't get in. Trump lashed out at Michael Wolff, the biographer who made the claim and has written about the president extensively, in a Truth Social post Monday evening. 'Michael Wolff, a Third Rate Reporter, who is laughed at even by the scoundrels of the Fake News, recently stated that the only reason I'm 'beating up' on Harvard, is because I applied there, and didn't get in,' Trump said. 'That story is totally FALSE, I never applied to Harvard. I graduated from the Wharton School of Finance at the University of Pennsylvania,' Trump continued. 'He is upset because his book about me was a total 'BOMB.' Nobody wanted it, because his 'reporting' and reputation is so bad!' Wolff presented his theory about the president last week on The Daily Beast Podcast to host Joanna Coles. 'It's also odd because so many of the people around Donald Trump went to Ivy League universities. Several of them went to Harvard Business School,' Coles pointed out. 'Obviously, JD Vance proudly went to Yale. So it does seem particularly odd, but perhaps he's also trying to stuff it to them.' 'It's important not to lend too much calculation and planning to anything he does,' Wolff responded. 'But the other thing is that, by the way, he didn't get into Harvard. So one of the Trump things is always holding a grudge against the Ivy Leagues.' It comes as the Trump administration has been accused of waging a 'campaign of retribution' against the university. The administration rescinded Harvard's permissions to enroll international students and forced currently enrolled foreign students to leave the university or risk losing their legal status in the country. Harvard immediately filed a lawsuit accusing the administration of violating the First Amendment with 'immediate and devastating effect for Harvard and more than 7,000 visa holders.' The Department of Homeland Security claims Harvard 'has created an unsafe campus environment by permitting anti-American, pro-terrorist agitators to harass and physically assault individuals, including many Jewish students, and otherwise obstruct its once-venerable learning environment.' Speaking to reporters in the Oval Office last week, the president said 'Harvard has to behave themselves, Harvard is treating our country with great disrespect.'
Time of India
7 days ago
- Politics
- Time of India
Was Michael Wolff's claim about Harvard University rejecting Donald Trump correct? Here's what US President said
US President Donald Trump US President Donald Trump denied Michael Wolff's 'Harvard University' claim and said that "third-rate reporter" is upset because nobody wanted his book Fire & Fury. Calling the claim "false," Trump said that he never applied to Harvard University. He graduated from the Wharton School of Finance at the University of Pennsylvania. In a post on Truth Social, Trump said, "Michael Wolff, a Third Rate Reporter, who is laughed at even by the scoundrels of the Fake News, recently stated that the only reason I'm 'beating up' on Harvard, is because I applied there, and didn't get in. That story is totally FALSE, I never applied to Harvard. I graduated from the Wharton School of Finance at the University of Pennsylvania. He is upset because his book about me was a total 'BOMB. ' Nobody wanted it, because his 'reporting' and reputation is so bad!" Earlier, Michael Wolff claimed that Trump's long feud with Harvard University reportedly stemmed from his own failure to gain admission in 1964. 'But the other thing is that, by the way, he didn't get into Harvard. So one of the Trump things is always holding a grudge against the Ivy Leagues,' author of bestsellers Fire & Fury said at The Daily Beast Podcast. There are no proof to confirm the Michael Wolff 's claim as there are no official record—public or private—that confirms Donald Trump ever applied to Harvard in the 1960s. In recent weeks, the Trump administration has escalated its crackdown on Harvard, first freezing $2.2 billion in federal funding and then suspending the university's ability to enroll international students. These punitive measures followed Harvard's failure to comply with government demands to address reported antisemitic incidents and to provide federal officials with lists of foreign students.
Yahoo
13-03-2025
- Business
- Yahoo
Trump continues to push alternative to controversial visa amid concerns about Chinese influence
President Donald Trump is continuing to push for a "gold card" visa that would allow foreign nationals to buy their way into the U.S., replacing a controversial visa scheme that has been dogged for years by concerns about potential abuse by China. Trump again touted his plan for the gold card, which would allow people to buy a pathway to citizenship for $5 million, on "Sunday Morning Futures." "I believe that Apple and all these companies that can't get people to come out of college and come because they get thrown out, I think of it, you graduate number one at the Wharton School of Finance or Harvard or Stanford, and you get thrown out of the country. You can't stay more than one day. And they want to hire these people, but they can't. They've complained to me about it. Now they can buy a gold card, and they can take that gold card and make it a part of their deal to get these top students," Trump said on Sunday. "You're going to have a lot of companies buying gold cards. So for $5 million now, it's a lot of money when you add it up, if we sell a lot of them," he said, later describing it as a "green card on steroids." Trump Touts $5 Million 'Gold Card' As New Path To Citizenship Host Maria Bartiromo asked Trump about concerns that the Chinese may exploit it. Read On The Fox News App "They may, and they may, but they don't have to do that. They can do it in other ways," Trump said. The visa would replace the EB-5 investor visa program. That program was established in the 1990s and typically required an investment of $1 million, but that could be as low as $500,000 in areas classified as high poverty, and the creation of at least 10 jobs. There had been unsuccessful efforts to reform the program in both the Obama and Trump administrations amid concerns that the program had been used by the Chinese Communist Party. "Although the EB-5 program's goal of stimulating capital investment and job creation in the United States is laudable, it has become clear in recent years that the CCP may be abusing the program to gain access to U.S. permanent residency for their members," Republicans on the House Judiciary Committee said in 2020. Trump Declares 'America Is Back' In Speech Before Congress They cited statistics that show that between 2012 and 2018, nearly 80% of nearly 10,000 visas went to Chinese-born investors and that the majority of investors in the backlog were Chinese. It also involved the creation of "regional centers" that pooled the visa money and funded large investments across the country. While intended to promote growth in poor or rural areas, the drawing of regional maps around specific impoverished pockets was used to pump money into luxury projects in places like New York City and San Francisco. A bipartisan attempt to reform the program was blocked in 2021 and funding for the program was allowed to expire. It was later resurrected in 2022 with reforms introduced by Sens. Chuck Grassley, R-Iowa, and Patrick Leahy, D-Vt. The reforms aimed to tackle fraud, and included audits, background checks and site visits for EB-5 projects, as well as tighter definitions of terms like "capital" to prevent abuse. It also increased the level of funding needed for high poverty areas to $800,000. Of the 10,000 EB-5s made available each year, 2,000 will be earmarked for rural or high poverty areas. Provisions also include increased Department of Homeland Security (DHS) powers to vet foreign capital to make sure it is lawfully sourced, and requiring foreign agents and third-party promoters of the program to register with DHS. Click Here For More Immigration Coverage However, the EB-5 continues to draw criticism, with some immigration hawks saying it did not solve the fundamental issues with the program. Commerce Secretary Howard Lutnick recently described the program as "poorly overseen, poorly executed." Lora Ries, director of the Border Security and Immigration Center at the Heritage Foundation, shared those concerns about EB-5. "With any immigration benefit in America, if you offer it, they will come, and too often seek or use the benefit fraudulently. The EB-5 investor visa program is no exception, as Commerce Secretary Lutnick mentioned. Examples of fraud that program sees include false job creation claims, bogus projects, and pyramid investment schemes," she said. "Aliens view immigration benefit fraud as low risk, high reward because it is so rarely investigated, let alone punished. It is one reason we have over 9 million immigration benefits applications pending at DHS and another nearly 4 million immigration cases pending at DOJ," she said. "It is important to scrutinize the current backlogs for immigration benefit fraud, deny those cases, and deport the alien applicants, which helps accomplish an administration priority – mass deportations," she article source: Trump continues to push alternative to controversial visa amid concerns about Chinese influence
Fox News
13-03-2025
- Business
- Fox News
Trump continues to push alternative to controversial visa amid concerns about Chinese influence
President Donald Trump is continuing to push for a "gold card" visa that would allow foreign nationals to buy their way into the U.S., replacing a controversial visa scheme that has been dogged for years by concerns about potential abuse by China. Trump again touted his plan for the gold card, which would allow people to buy a pathway to citizenship for $5 million, on "Sunday Morning Futures." "I believe that Apple and all these companies that can't get people to come out of college and come because they get thrown out, I think of it, you graduate number one at the Wharton School of Finance or Harvard or Stanford, and you get thrown out of the country. You can't stay more than one day. And they want to hire these people, but they can't. They've complained to me about it. Now they can buy a gold card, and they can take that gold card and make it a part of their deal to get these top students," Trump said on Sunday. "You're going to have a lot of companies buying gold cards. So for $5 million now, it's a lot of money when you add it up, if we sell a lot of them," he said, later describing it as a "green card on steroids." Host Maria Bartiromo asked Trump about concerns that the Chinese may exploit it. "They may, and they may, but they don't have to do that. They can do it in other ways," Trump said. The visa would replace the EB-5 investor visa program. That program was established in the 1990s and typically required an investment of $1 million, but that could be as low as $500,000 in areas classified as high poverty, and the creation of at least 10 jobs. There had been unsuccessful efforts to reform the program in both the Obama and Trump administrations amid concerns that the program had been used by the Chinese Communist Party. "Although the EB-5 program's goal of stimulating capital investment and job creation in the United States is laudable, it has become clear in recent years that the CCP may be abusing the program to gain access to U.S. permanent residency for their members," Republicans on the House Judiciary Committee said in 2020. They cited statistics that show that between 2012 and 2018, nearly 80% of nearly 10,000 visas went to Chinese-born investors and that the majority of investors in the backlog were Chinese. It also involved the creation of "regional centers" that pooled the visa money and funded large investments across the country. While intended to promote growth in poor or rural areas, the drawing of regional maps around specific impoverished pockets was used to pump money into luxury projects in places like New York City and San Francisco. A bipartisan attempt to reform the program was blocked in 2021 and funding for the program was allowed to expire. It was later resurrected in 2022 with reforms introduced by Sens. Chuck Grassley, R-Iowa, and Patrick Leahy, D-Vt. The reforms aimed to tackle fraud, and included audits, background checks and site visits for EB-5 projects, as well as tighter definitions of terms like "capital" to prevent abuse. It also increased the level of funding needed for high poverty areas to $800,000. Of the 10,000 EB-5s made available each year, 2,000 will be earmarked for rural or high poverty areas. Provisions also include increased Department of Homeland Security (DHS) powers to vet foreign capital to make sure it is lawfully sourced, and requiring foreign agents and third-party promoters of the program to register with DHS. However, the EB-5 continues to draw criticism, with some immigration hawks saying it did not solve the fundamental issues with the program. Commerce Secretary Howard Lutnick recently described the program as "poorly overseen, poorly executed." Lora Ries, director of the Border Security and Immigration Center at the Heritage Foundation, shared those concerns about EB-5. "With any immigration benefit in America, if you offer it, they will come, and too often seek or use the benefit fraudulently. The EB-5 investor visa program is no exception, as Commerce Secretary Lutnick mentioned. Examples of fraud that program sees include false job creation claims, bogus projects, and pyramid investment schemes," she said. "Aliens view immigration benefit fraud as low risk, high reward because it is so rarely investigated, let alone punished. It is one reason we have over 9 million immigration benefits applications pending at DHS and another nearly 4 million immigration cases pending at DOJ," she said. "It is important to scrutinize the current backlogs for immigration benefit fraud, deny those cases, and deport the alien applicants, which helps accomplish an administration priority – mass deportations," she added.
