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Wall Street Journal editors bash Trump’s latest ‘Hail Mary’ to voters: ‘A big problem’

The conservative editorial board of the Wall Street Journal bashed what they describe as President Donald Trump’s latest “Hail Mary” to voters in a new editorial published on Sunday. Earlier in the day, Trump floated the idea of sending $2,000 tariff rebate checks to most Americans. He made the announcement at a time when the Supreme Court is considering whether the president has the authority to impose tariffs without Congress’s approval, and reports indicate that Trump’s lawyers are having a hard time defending the policy in court. Trump also said that people who don’t agree with his tariff policies are “fools.” The Wall Street Journal’s editorial board argued that Trump’s idea was awash in “contradictions. President Trump has a big tariff problem: His border taxes are raising prices on tariffed goods, they’re unpopular with voters, and the Supreme Court might rule that his ’emergency’ tariffs are illegal,” the editorial reads. “His latest response: Promise voters a $2,000 tariff rebate. Mr. Trump is essentially promising to repay Americans $2,000 of the border taxes they’re paying in higher prices,” they wrote. “But if tariffs are a free economic lunch, and their benefits abound, why offer a rebate? Shouldn’t voters be thrilled about tariffs even without a rebate? Mr. Trump is trying to exploit the fact that the tariff impact is dispersed across the economy so consumers have a hard time sorting out how much those taxes contribute to which higher prices,” they added. “They do know, however, that they’re paying more than they used to. This is why the election exit polls last week showed people broadly disapprove of Mr. Trump’s handling of inflation and the economy.”The editors also offered Trump some advice for the future. “Mr. Trump is trying to dull the public’s tariff pain with direct payments that he can take credit for,” the editorial reads. “This is a new version of the age-old income redistribution game of taxing people too much but then trying to appease them with tax credits or one-time cash payments. Democrats do this all the time with child tax credits and other favors to special-interest groups.”Read the entire editorial by clicking here.

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US shutdown end in sight as Democrats agree to funding deal — Bloomberg

The post US shutdown end in sight as Democrats agree to funding deal Bloomberg appeared com. The record-breaking US government shutdown is nearing an end after a group of centrist Senate Democrats agreed to support a deal to reopen the government and fund some departments and agencies for the next year, Bloomberg reported on Monday. Under the agreement, federal employees would receive back pay, and states would resume delayed federal transfers. The measure would fund certain departments through January 30, while others would receive full-year appropriations. Market reaction At the time of writing, the US Dollar Index (DXY) is trading 0. 15% higher on the day to trade at 99. 70. US Dollar FAQs The US Dollar (USD) is the official currency of the United States of America, and the ‘de facto’ currency of a significant number of other countries where it is found in circulation alongside local notes. It is the most heavily traded currency in the world, accounting for over 88% of all global foreign exchange turnover, or an average of $6. 6 trillion in transactions per day, according to data from 2022. Following the second world war, the USD took over from the British Pound as the world’s reserve currency. For most of its history, the US Dollar was backed by Gold, until the Bretton Woods Agreement in 1971 when the Gold Standard went away. The most important single factor impacting on the value of the US Dollar is monetary policy, which is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability (control inflation) and foster full employment. Its primary tool to achieve these two goals is by adjusting interest rates. When prices are rising too quickly and inflation is above the Fed’s 2% target, the Fed will raise rates, which helps the USD value. When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower.

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FBI & DEA Raids Governor’s Office in Massachusetts

FBI & DEA Raids Governor’s Office in Massachusetts 1. 2 Tons Drug, 129 Guns Seized | US Military Breaking operation in Massachusetts. FBI and DEA, supported by US Military intelligence units, coordinated with US Military analysts to launch a raid inside the Governor’s Office, uncovering 1. 2 tons of narcotics, 129 firearms, and corruption. This was not a street case; it was betrayal inside the seat of power. US Military support teams secured communications and perimeter control. Federal agencies and the US Military acted together when national security and trust were threatened. This case reveals how deep networks infiltrate government institutions.

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Senate Progress Towards Ending U.S. Government Shutdown

The post Senate Progress Towards Ending U. S. Government Shutdown appeared com. Key Points: Senate committee releases bills to end government shutdown. Potential Senate vote on November 10, 2025. Democrats and Republicans negotiate, impacting policy discussions. The U. S. Senate, led by Majority Leader John Thune along with key Democratic input, is advancing negotiations to resolve the government shutdown with a critical vote expected November 10th. The shutdown resolution could stabilize market uncertainties, indirectly affecting cryptocurrency sentiments, with bipartisan agreement hinging on healthcare policy inclusions. Senate Prepares for Critical Vote Amid Shutdown Senate Majority Leader John Thune is spearheading efforts to end the U. S. government shutdown through bipartisan negotiations. Spearheaded by the Senate Appropriations Committee, the plan includes a vote on a continuing resolution, encompassing full-year appropriations. President Trump and senior Democratic leaders are directly involved, focusing on reopening the government. Amendments include agreed-upon votes on Democratic healthcare policies. Expectations for resolving healthcare policy disputes rely on a bipartisan vote. The Democrats’ plan includes a vote on ACA subsidies. The government shutdown affects federal employees, with a comprehensive bill ensuring re-hiring and backpay, alongside funding for key governmental departments, highlighting the political leverage in negotiations. “It would be a horrific mistake to cave in to Trump right now. If Democrats cave on this issue, it will say to Donald Trump that he has a green light to go forward toward authoritarianism.” Bernie Sanders, U. S. Senator, Vermont Independent (source) Shutdown’s Market Impact and Bitcoin Volatility Did you know? The ongoing shutdown marks the longest in U. S. history, surpassing prior events, which often spurred risk-off market behaviors, leading to increased alternative asset interest in prior years. Bitcoin (BTC) is trading at $104,998. 24, with a market cap of $2. 09 trillion, according to CoinMarketCap. Its price change over 24 hours is 2. 93%, though a 7-day decline persists at 5. 08%. BTC dominates the market with 59. 41%, despite.