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Billionaire predicts 'regime shift' after Trump policies prove to be 'negative for the economy'

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One billionaire investor is predicting a sharp policy reversal from President Donald Trump's administration after his policies cause shock throughout the economy. CNBC reported Friday that Steve Cohen — the billionaire hedge fund manager who owns the New York Mets baseball team — is bearish on the economy in the wake of Trump's signature policies. He specifically mentioned Trump's mass deportations of undocumented immigrants, layoffs of thousands of federal workers due to budget cuts and the tariffs he imposed on goods imported from overseas. "Tariffs cannot be positive, okay? I mean, it’s a tax,” Cohen said during a talk in Miami Beach, Florida. “On top of that, we have slowing immigration, which means the labor force will not grow as rapidly as ... the last five years and so.” READ MORE: 'Not immune': Walmart confirms new tariffs will mean higher prices for customers Cohen, who is ranked by Forbes as the 39th richest person in the United States with ...

'Unacceptable misconduct': Trump DOJ files official complaint against Biden-appointed judge

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One federal judge appointed by former President Joe Biden is now under the microscope of President Donald Trump's Department of Justice (DOJ). CBS News reporter Jake Rosen tweeted Friday that the Trump DOJ is now filing an official complaint against Judge Ana Reyes, who sits on the U.S. District Court for the District of Columbia. The administration is arguing that Reyes displayed "hostile and egregious conduct" this week during oral arguments in the Talbott v. Trump case, in which transgender members of the military are alleging the administration's ban on trans service members is unconstitutional. "Judge Reyes engaged in the unacceptable misconduct at issue in this complaint, questioning a Department of Justice attorney regarding his religious beliefs and then using him unwillingly as a physical prop in her courtroom theatrics," wrote DOJ chief of staff Chad Mizelle . READ MORE: 'Brutal': Ex-federal prosecutor reveals why Trump DOJ's ...

'He should be immediately released': Trump DOJ helping Jan. 6 rioters with unrelated charges

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Some defendants charged and convicted in connection with the deadly January 6, 2021 siege of the U.S. Capitol are now having their pardons by President Donald Trump extended to unrelated cases. Politico legal correspondent Kyle Cheney reported Thursday that the Department of Justice (DOJ) is now acting on behalf of January 6 defendants Daniel Ball and Elias Costianes in separate gun possession cases. While the two men were given clemency as a result of Trump's mass pardons, they faced separate charges after illegal weapons were found in their possession. In one defendant's case, the DOJ argued in a recent court filing that because those weapons were found during a search of their property as a result of the January 6 charges, the pardon should also apply. "After consulting with the Department of Justice’s leadership, the United States has concluded that the President pardoned Mr. Costianes of the offenses in the indictment," assistant U.S. attorney David Bornstei...

'Lovestruck': Secret Service was concerned about young female aide’s 'obsession with Trump'

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During President Donald Trump's 2024 campaign, Natalie Harp – an aide known as the "human printer" — reportedly alarmed Trump's Secret Service detail with her obsessive attitude and remarks, though Trump himself apparently encouraged it. That's according to an excerpt of author Michael Wolff's forthcoming book, which was published by Vanity Fair on Thursday. The Daily Beast reported that Harp, who is 34 years old, was said to have exhibited behavior toward her boss that put Secret Service agents on edge. Wolff's sources told him that Trump's personal security detail viewed Harp as a "potential danger to herself as well as to the president." “The Secret Service, with her letters in their possession, was now noting the strangeness of her behavior,” Wolff wrote in his book All or Nothing , which is about Trump's return to power. “'Nonsense,' declared Trump. ‘She just loves her president.’” READ MORE: This former OAN anchor ...

Musk hints at cutting $500 billion from 'entitlements' like Social Security and Medicare

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Tesla and SpaceX CEO Elon Musk — whose net worth is just shy of $400 billion — just dropped a hint that he may be eyeing significant cuts to earned benefits programs like Social Security and Medicare in the future. During his Thursday appearance at the Conservative Political Action Conference (CPAC) , Musk was asked about his "Department of Government Efficiency," or DOGE (which is not yet an official federal agency authorized by Congress) project, and about the scope of spending cuts he aimed to implement. The South African centibillionaire asserted to NewsMax anchor Rob Schmitt — who interviewed him on stage — that "waste" was "pretty much everywhere." "People ask how can you find waste in D.C., it's like being in a room and the wall, the roof and the floors are all targets," he said. "You can shoot in any direction. You can't miss." READ MORE: 'Time to think of Plan B': Musk ripped after forcing out Social Secu...

Yes, falling planes are Trump’s fault

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The president is colonizing the federal bureaucracy, replacing people of skill, competence and integrity with goons or no one at all. One of his targets has been the Federal Aviation Administration, the agency that regulates airways and makes sure airlines obey the law. Guess what? The planes are falling out of the sky. The latest crash was Monday in Toronto. A Delta flight came in for a landing and flipped upside down. It’s a miracle no one was killed, though around 18 were injured. The crash is being investigated. So far, the focus has been on bad weather. An airport told the CBC News, however, that the runway was clear and there were no cross winds . That’s one of eight crashes since Donald Trump took office. Letters from God , a newsletter, compiled a list : “1/29: First major crash in 16 years (67 dead in DC). 1/31: Learjet crashes in Philadelphia. 2/5: Japan Airlines collides with a Delta plane in Seattle. 2/6: Bering Air plane crashes in Nome, Alaska. 2/10: Learjet...

Former NFL player arrested after calling MAGA a 'Nazi movement' at city council meeting

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Chris Kluwe — who was a punter for the Minnesota Vikings between 2005 and 2012 — was recently arrested and carried out of a city council meeting by police after a viral speech. Sports writer Dov Kleiman tweeted the video of Kluwe's speech at a Huntington Beach, California city council meeting on Tuesday night, in which the retired punter used his allotted 60 seconds to condemn President Donald Trump and the MAGA movement at large. While California is typically regarded as a reliably blue state, Huntington Beach is considered a Republican stronghold. Kluwe kicked off his speech by telling council members that he is a 15-year resident of the city and wanted to speak out against the current council and its plans for a MAGA plaque at a local library. "I'd like to take my time to talk about what MAGA has stood for these past three weeks," Kluwe said. "MAGA stands for trying to erase trans people from existence. MAGA stands for resegregation and racism. MAGA sta...