SmartNews

'Big worry': Economist warns new bubble about to burst — and Trump may bail out 'grifters'

University of Michigan economics and public policy Professor Justin Wolfers said he has a fear that the cryptocurrency bubble will burst and that President Donald Trump will use taxpayer dollars to help bail out the crypto market, the way the United States did after the mortgage crisis in 2008.

Trump has profited over $5 billion with his own meme coin and is now opposing any regulation of cryptocurrency.

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'Awkward': CNN reporter amused by 'confused' Trump's response on death rumors

CNN's Kristen Holmes reacted with some bewildered amusement over President Donald Trump's reaction to press questions about his health over the last few days, following the flare-up across the internet of conspiracy theories that he was dead or dying.

"Kristen, I thought it was notable that the first question the president was asked was about his absence over the last few days," said anchor Boris Sanchez. "He had only done one interview with a conservative-leaning outlet. We've seen him load up onto the SUV and go golfing in his club in Virginia. But kind of unusual for President Trump, he didn't make quite as many public appearances. And that led a reporter in the room to ask him when he found out that he was dead, because of some online chatter about the president's health. The president flipping that, turning that into a joke about his predecessor."

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MSNBC's Nicolle Wallace in awe watching prominent Dem 'take a 2x4' to Trump claims

Illinois Gov. J.B. Pritzker (D) and Chicago Mayor Brandon Johnson went on a full attack against President Donald Trump on Tuesday as the former warned that it appears federal agents are already staging an effort to invade Chicago the way that has been done with Washington, D.C.

Both Pritzker and Johnson accused Trump of pulling federal resources that aided the city and state's anti-crime programs that were helping communities, effectively defunding the police.

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Trump's 'bluster' cost him in latest legal setback: law professor

Donald Trump’s “bluster” about using the National Guard to occupy cities, all of which are governed by Democratic mayors, was a contributing factor in a major legal blow to his administration Tuesday.

Early Tuesday morning, U.S. District Judge Charles Breyer ruled that the administration violated the Posse Comitatus Act for deploying 4,000 National Guard troops and 700 Marines to Los Angeles.

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‘How’d this happen?’ Republican rips MSNBC as ‘lunatic’ Trump gets less scrutiny than Dems

Republican Stuart Stevens could not understand why MSNBC was spending any time talking about the aging Democrats dropping out of Congress rather than a president who has deployed the National Guard to police U.S. citizens.

The conversation was about Rep. Jerry Nadler (D-NY), who announced on Tuesday he would retire from Congress at the end of the term.

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'Just blame AI': Trump dismisses bizarre video of bag being dumped out White House window

President Donald Trump dismissed the circulation of a viral video that appeared to show a dark bag being thrown out of an upstairs window at the White House — saying it didn't happen and it was probably faked with artificial intelligence.

"There's a video that is circulating online now of the White House, where a window is opened to the residence upstairs, and somebody is throwing a big bag out the window," said Fox News' Peter Doocy. "Have you seen this?"

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‘Genius move, MAGA’: Trump mocked as rant rekindles rampant health rumors

Fox News' Peter Doocy asked President Donald Trump about the internet rumors that spread over the weekend that he was dead or gravely ill. While some bought into the rumors, the larger conversation among political commentators was about Trump's persistent health issues, dark bruises that have popped up on both of his hands, and his week-long disappearance from cameras.

Speaking to the press on Tuesday, Trump seemed shocked by the question.

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Rebel Republican claims billionaire in Epstein's 'black book' is targeting him

Republican Rep. Thomas Massie (R-KY) plans to take steps Tuesday to push for a vote to release the Jeffrey Epstein files — and suggested a shadowy billionaire in the famous "black book" is out to get him.

Lawmakers are back from summer recess, and Massie and Rep. Ro Khanna (D-CA) were expected to file a discharge petition aimed at compelling the Department of Justice to fully release all files related to the disgraced financier's case. The bipartisan effort is underway from the House Oversight Committee to uncover the files despite pushback from Republican leaders.

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'You were dead': Trump confronted with reports of his 'demise'

President Donald Trump blamed "fake news" after learning that rumors had circulated about his death.

During a White House event on Tuesday afternoon, Fox News correspondent Peter Doocy asked Trump about the "big viral social media trend."

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‘Wrong building!’ Pirro's office sparks mockery after confusing Supreme Court and Capitol

Jeanine Pirro is currently serving as the U.S. attorney for Washington, D.C., which, unlike states, means she's also the local D.C. district attorney. Yet, when it was time to organize a tour of the Supreme Court, Pirro appeared confused.

Posting on X, her office bragged that she organized a tour for all of the interns to show them the high court, but the photos she posted of the interns were from the U.S. Capitol building instead.

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Texas Republican drops hotline in new attack on 'crooked' MAGA rival

Rival Texas MAGA Republicans are battling over who will take the Senate seat in the Lone Star State ahead of the upcoming 2026 primary elections.

Sen. John Cornyn (R-TX) launched a tip hotline dubbed "KenStoppers," calling on Texans who might have worked or interacted with Attorney General Ken Paxton to report tips. The site has an online submission section with a drop-down menu with different behaviors to report, including "adultery," "financial fraud," "abuse of power," "pay for play," and "other."

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Internal GOP polling shows unmistakable 'downward trajectory' — handing Dems an opening

Republicans are alarmed by internal polling and focus groups showing deep voter concerns about a key issue, and they're worried that time is running out to correct the problem.

GOP lawmakers and insiders are increasingly anxious that inflation could wallop them in the 2026 midterms and want President Donald Trump to take more aggressive action on the issue, which is the top voter concern, reported Axios.

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Top Trump nemesis leaves president in retreat with major court smackdowns: report

Behind the scenes, one of President Donald Trump’s top nemeses is scoring major victories and leaving the president on the defensive. The Atlantic reported Monday the details of a highly organized, remarkably effective “legal resistance” to Trump’s ongoing efforts in his second term.

Former ethics czar, impeachment prosecutor, and frequent thorn in Trump’s side, Norm Eisen, “has pursued more than 100 legal matters” against Trump, according to the report.

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