SmartNews

'On notice!' Trump threatens retaliation for countries that tax or regulate tech companies

President Donald Trump on Monday night threatened to hike tariffs and impose export restrictions on countries that tax or regulate American tech companies.

Trump vowed on his Truth Social platform to "stand up" to countries that he said "attack our incredible American Tech Companies."

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‘Tear that letter!’ Stunned expert makes dramatic protest of Trump’s Fed firing on MSNBC

A legal expert lost his cool on MSNBC on Monday night after President Donald Trump announced he fired Federal Reserve Governor Lisa Cook, effective immediately, citing mortgage fraud allegations from his administration.

Norm Eisen, the founder and chair of the Democracy Defenders Fund, joined "The Weeknight" to discuss Cook's firing, a historic and unprecedented move that is expected to trigger court challenges, as Federal Reserve governors can only be removed “for cause."

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George Conway alarmed as Trump's 'cops act like thugs': 'Somebody's gonna get hurt'

President Donald Trump has created a situation in which police are free to "act like thugs," conservative attorney George Conway lamented on MSNBC's "The Weeknight" Monday evening — and in which actual criminals can pretend to be police without too much effort.

This comes as Trump maintains his grip on Washington, D.C.'s law enforcement under the pretext of an "emergency" — and as he threatens to send federal troops to even more cities around the country, with a blatantly obvious political pattern, as former GOP chair and MSNBC anchor Michael Steele noted.

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Trump blasted over 'blatantly unconstitutional' Federal Reserve ouster: 'Autocrat move'

President Donald Trump's decision to fire a Federal Reserve governor on Monday sparked outrage online.

Trump posted on Truth Social that he is firing Governor Lisa Cook, the only Black woman to ever serve as a Federal Reserve governor, because his administration alleged she committed mortgage fraud.

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Trump just set a precedent that could 'come back to bite Republicans': WSJ editors

President Donald Trump's demands for Senate Republicans to back off on longstanding rules and traditions about nominees could be bad news for the GOP in the long run, the conservative Wall Street Journal editorial board wrote in an analysis published Monday.

Specifically, Trump wants senators to eliminate the "blue slip" requirement for district court judges and U.S. attorneys, which is the requirement that the nominees have the consent of the senators from their state. A number of Trump's nominees have been too controversial to pass this bar, like his former personal attorney Alina Habba, who was removed as acting federal prosecutor in New Jersey by local judges over her lack of qualifications.

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'You can't get away with that!' Irate Dem strategist blows up at GOP ex-gov's claim

A former advisor to Bill Clinton erupted Monday night after a GOP former governor claimed President Donald Trump lowered crime in Washington, D.C.

Paul Begala, who was the chief strategist for the Clinton-Gore campaign in 1992, discussed Trump's activation of the National Guard to address D.C. crime on CNN's "Erin Burnett Out Front." His comments come at a time when Trump has threatened to deploy additional forces to Democrat-governed cities like Chicago.

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Trump announces major Federal Reserve firing: 'You are hereby removed'

President Donald Trump said he fired Lisa Cook, a Federal Reserve governor, amid allegations that she committed mortgage fraud before joining the Fed.

Trump took to his Truth Social platform Monday night to share his letter, which cited his Article II powers in the Constitution and the Federal Reserve Act of 1913 to inform Cook she was "hereby removed." Trump said the firing was "effective immediately."

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'Worrying signs': Experts alarmed media 'ill-equipped' to withstand Trump's new threats

As President Donald Trump late on Sunday lashed out against the American media and threatened to pull broadcasting licenses from networks for their alleged "biased" coverage of him, media experts said the danger to the news media lies partially in corporate outlets' potential capitulation to the Trump administration.

In a post on his Truth Social platform, the president railed against NBC and ABC, which he called "two of the absolute worst and most biased networks anywhere in the world."

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'Nobody is safe': Paul Krugman reveals the real motive behind Trump’s war on Fed governor

President Donald Trump's threats to fire Federal Reserve governor Lisa Cook are proof that "nobody is safe" from the new era of "weaponized government," Nobel Prize-winning economist turned political pundit Paul Krugman wrote for his Substack on Monday.

This follows Trump's housing finance chief, Bill Pulte, leveling an unsubstantiated "mortgage fraud" claim against Cook, who happens to be one of the Fed officials who opposed Trump's demanded rate cuts.

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'Insane!' DHS flips out as Dems call for Abrego Garcia's release from ICE detention

The Department of Homeland Security traded barbs with Democratic lawmakers on Monday after immigration officials detained a high-profile individual.

Kilmar Abrego Garcia, a migrant from El Salvador, was detained by Immigration and Customs Enforcement officials on Monday following an immigration check-in. His detention comes about 160 days since he was returned to the United States from El Salvador's notorious gang prison, CECOT.

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'Abide!' MAGA Ken Paxton demands schools display Ten Commandments despite court ruling

Texas Attorney General Ken Paxton said Monday that the vast majority of schools in the Lone Star State should still plan on displaying the Ten Commandments in classrooms even after a federal judge ruled against it last week.

In a statement, Paxton said that "schools not enjoined by ongoing litigation must abide" by a state law that requires the display of the Ten Commandments in all public and secondary school classrooms.

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'Preys on poor people': Trump makes major criminal justice moves despite expert warnings

President Donald Trump signed a pair of executive orders on Monday aimed at ending the policy of cashless bail for people accused of crimes, a move criminal justice reform advocates say will heighten the already massive inequality within the system while doing little to stop lawbreaking.

One order requires Washington, D.C., which the president currently controls under "emergency authority," to end its cashless bail program. The other directs Attorney General Pam Bondi to identify other jurisdictions around the country with cashless bail so that they can have their federal funds restricted or suspended.

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'No chance': Economist scoffs at CBO's eyebrow-raising new Trump tariff projection

A prominent economist criticized estimates released on Monday that projected President Donald Trump's tariff policies could reduce the federal deficit by trillions over the next decade.

Justin Wolfers, economics professor at the University of Michigan, joined CNN's Jake Tapper on "The Lead" to discuss estimates from the Congressional Budget Office showing Trump's tariffs could reduce the federal deficit by $4 trillion over 10 years. As of Aug. 25, the U.S. national debt exceeds $37 trillion, according to the Treasury Department.

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