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Trump risks it all as 'most consequential' legal cases of second term collide: expert

There are two major court cases which could not only stop President Donald Trump’s ability to tariff every county in the world, but also stop the administration’s fight to prevent judges from blocking his policies across the country, according to a new POLITICO analysis.

The first case is a motion to stop the tariffs. It was filed by the Liberty Justice Center, which is representing five small businesses that say that the tariffs could decimate their companies.

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'Vibes are bad': Business reporter says Trump tariffs may have already sparked recession

Tariffs have emerged as Americans' top economic concern, and CNN's Allison Morrow said president Donald Trump's trade wars may have already tipped the U.S. economy into a recession.

The Commerce Department issued a report Wednesday showing the gross domestic product contracted at an annual rate of 0.3 percent in the first quarter, the first drop since 2022, and consumer confidence has fallen for five straight months, all of which has sparked fears of a recession.

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Unwitting Elon Musk 'ran into his own chainsaw' by going to Washington: financial analyst

During an appearance on MSNBC's "Morning joe," noted financial journalist Steve Ratner suggested Elon Musk got a lesson in humility during his time in Washington after seeing his creation of the Department of Government Efficiency (DOGE) under-perform at the same time he damaged the reputation of his Tesla auto company.

On Thursday morning the co-hosts on the MSNBC morning show first addressed Donald Trump trying to blame the latest terrible economic news on President Joe Biden –– and also preemptively blaming the next quarter on Biden too –– with Mika Brzezinski observing, "The future is not looking bright because he's already trying to blame it on Joe Biden, which is what he does with bad news."

Discussing the tariffs having a deleterious effect on the economy, Rattner made a leap to talking about billionaire Musk.

ALSO READ: 'We’ve made a mistake': Trump’s trade war sends GOP into frenzy

"This is another example of a businessman who's never set foot in Washington going to Washington and thinking they can fix things and finding out that this is not –– the federal government does not run like a private company," Rattner stated. "And he ran into his own chainsaw, in effect, and it's just another example of that on steroids, of course, because we've never seen anything quite like it."

Returning to the original topic, he added, "Look, on the economy, the first quarter GDP number was a little bit illusory. It was very messed up by some tariff stuff and things like that, but the fundamental point is that Trump inherited an economy that was firing on all cylinders. It was growing at about 2.5 percent a year. We had low unemployment, we had low inflation. Business was operating, they were making investments, they were going about their affairs and now we have chaos."

You can watch below or at the link.

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Elon Musk spills about eating 'an entire container of Häagen-Dazs' at Trump sleepover

Elon Musk is planning to step away from his government role to focus on his businesses, but he's keeping his office in the White House.

President Donald Trump's billionaire benefactor has recommended sweeping cuts to the government workforce, which he says has saved $160 billion, which is far less than the $2 trillion he promised and could be offset by $135 billion in estimated costs associated with the cuts, but the Washington Post reported that Musk believes the U.S. DOGE Service has been a success.

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Veterans facing foreclosures as Trump administration pulls plug on Biden program: report

At a time when veterans with VA loans are struggling to keep their homes out of foreclosure, the Veterans Administration (VA) under Donald Trump's stewardship has decided to pull the plug on a program built specifically to keep them housed.

According to a report from NPR, the program known as VA Servicing Purchase (VASP) is on the chopping block with the approval of Republicans who feel President Joe Biden "unilaterally" forced it upon the country.

As NPR's Chris Arnold, Quil Lawrence wrote, VASP helps veterans who have fallen behind on their home payments by placing them in a program that lumps the delinquent amount into a separate "low-interest rate loan that the VA then owns outright."

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Without that support, there is a risk that the nearly 90,000 VA loans that are in trouble, with a third already in foreclosure, will come due and force vets from their homes if they can't find alternative loans to fill the gap.

The NPR report notes, "Mortgage industry groups, housing advocates and veterans organizations have been warning the VA that shutting down VASP without replacing it with something else first would result in large numbers of vets losing their homes, many of whom are in this financial peril because of the VA's own mistakes."

According to Mike Calhoun, president of the nonprofit Center for Responsible Lending, "With the expiration of VASP, tens of thousands of Veterans and their families are now at significant risk of losing their homes," before adding, the "VA should extend VASP until this program is up and running."

In a letter to Congress sent last month, the non-profit National Consumer Law Center warned, "Without VASP or immediate access to alternative policy tools that provide relief … many of these homeowners will be forced to sell their homes and move or face foreclosure."

You can read more right here.

'Do you really want to go there!': CNN panel melts down as two Republicans clash over race

A heated CNN panel discussion on Wednesday quickly spiraled into chaos after a fiery exchange between Republican strategist Shermichael Singleton and “The View's" co-host Ana Navarro, also Republican, left host Abby Phillip struggling to control her guests.

The turbulent moment unfolded when the debate over the deportation of Kilmar Abrego Garcia took a sharp turn as Singleton and Navarro began sparring over minority communities and profiling.

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‘Pathetic’: Outrage erupts after Trump admin steps up retaliation against ex-GOP official

Former Trump administration cybersecurity official Chris Krebs said his removal from the U.S. Customs and Border Protection’s Global Entry program is clearly “another act of retribution from the administration,” according to a new CNN report.

Krebs, who provoked President Donald Trump’s anger when he publicly contradicted the MAGA leader’s repeated assertions that the 2020 election was stolen, told CNN he was notified Wednesday afternoon that his Trusted Traveler Program status had been revoked.

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'What the hell?' Trump baffles internet with wild answer at town hall

President Donald Trump delivered a rambling response to a question about his push to crack down on Harvard University that left many political observers struggling to understand his answer.

The baffling moment unfolded Wednesday as Trump called into a NewsNation town hall hosted by Chris Cuomo, Bill O’Reilly, and Stephen A. Smith. When Trump was asked by Smith to explain his criticism of the Ivy League school, the MAGA leader instead launched into a puzzling anecdote about Harlem and the 2024 election.

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'Win elections!' James Carville snarls as he calls out new Gen Z DNC official

Recently-elected Democratic National Convention Vice Chair David Hogg and veteran Democratic strategist James Carville vented their feud with a heated debate on the Tara Palmeri Show on Wednesday, in which Carville blasted Hogg's plans to encourage primary challenges to certain long-time Democratic incumbents.

Hogg, a Gen Z student activist and school shooting survivor who was elected to the DNC at the start of the year, has pushed people to donate to his PAC, Leaders We Deserve, to elect more young people and to mount contests in districts where he believes Democratic incumbents are complacent and not representing their voters.

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'Not telling the truth': MSNBC host says only 'low information' voters believe Trump's lie

Television host Stephanie Ruhle warned Wall Street and Main Street sources are fully reacting with “paralysis, anger and devastation” at what Trump is doing to the economy.

Recent numbers predict the U.S. economy will be shrinking for the first time since a major pandemic, in complete contrast to the last presidency. Now, Wall Street leaders and business owners who supported Trump in 2024 are horrified at their vote.

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Tesla board opened 'serious' search to replace Elon Musk amid DOGE backlash: report

Rattled by declining profits and sinking stock prices, Tesla’s board has begun quietly seeking out a successor to CEO Elon Musk, according to a new report in the Wall Street Journal.

The move, which began about a month ago, comes amid investor frustration over Musk’s increasing focus on his job as head of President Donald Trump’s Department of Government Efficiency, which is tasked with slashing trillions from the federal budget.

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'Bumbling idiot': Trump ally blasts White House negotiator in profane rebuke

White House special envoy Steve Witkoff has drawn criticism from foreign policy and national security experts for his unorthodox negotiating style with Russia – and now former Trump administration insiders are even calling out the real estate billionaire’s approach.

Witkoff, a longtime Donald Trump friend and golfing buddy, has reportedly met with Russian President Vladimir Putin at least four times while entirely unaccompanied by the usual set of advisers that traditionally accompany officials in such high-level talks. He has also stepped into negotiations in the Middle East involving the complex situation with Israel and Hamas, the Daily Beast reported.

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'Profoundly wary': Insiders say Trump 'definitely not convinced' on Mike Johnson's cuts

President Donald Trump is "profoundly wary" of the Medicaid cuts being debated under House Speaker Mike Johnson (R-LA), Politico reported on Wednesday.

The cuts are part of Trump's "big, beautiful bill" combining tax cuts with border security and energy changes. GOP lawmakers have repeatedly denied they would cut Medicaid as part of the necessary $800 billion health cost savings they set in their budget framework, but left room for themselves to institute limits on the growth or federal cost sharing for the Affordable Care Act's Medicaid expansion — which could still end in millions of people thrown off their coverage.

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