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    Trump To Nominate New Commerce Secretary

    By
    Madeleine Jackson
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    Donald Trump via Gage Skidmore Flickr

    On Tuesday, President-elect Donald Trump is expected to announce his nomination for Secretary of Commerce: Howard Lutnick.

    Lutnick is the chair and CEO of Cantor Fitzgerald and is also currently serving as co-chair of the Trump transition. He has notably publicly embraced Trump’s tariff plans, which will be a major part of the job leading Commerce.

    The CEO was considered a front-runner to serve as Trump’s Treasury secretary along with Scott Bessent, who served as economic adviser on the Trump campaign.

    Trump just released a statement:

    I am thrilled to announce that Howard Lutnick, Chairman & CEO of Cantor Fitzgerald, will join my Administration as the United States Secretary of Commerce. He will lead our Tariff and Trade agenda, with additional direct responsibility for the Office of the United States Trade Representative.

    In his role as Co-Chair of the Trump-Vance Transition Team, Howard has created the most sophisticated process and system to assist us in creating the greatest Administration America has ever seen.

    Lutnick beat out Linda McMahon for the role leading Commerce who was considered a front runner and previously led the Small Business Administration during Trump’s first term.

    McMahon is also a co-chair of his transition effort.

    This is a breaking news story. Click refresh for the latest updates.

    Report: Trump Set To Become One Of World’s Most Wealthy People

    By
    Madeleine Jackson
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    0

    Former President Donald Trump will become one of the 500 richest people in the world after his media company begins public trading on Tuesday, according to a report by Bloomberg News.

    The Daily Caller has more:

    Trump, the presumptive Republican presidential nominee, established the Trump Media & Technology Group (TMTG) in February of 2021 to develop an alternative social media website, following his removal from Twitter after the events of Jan. 6, 2021, with the new website “Truth Social” being unveiled in 2022. On Monday, TMTG completed a merging process with DWAC, a special-purpose acquisition corporation, that would allow the company to be publicly traded on the National Association of Securities Dealers Automated Quotations stock exchange, also known as the “Nasdaq” exchange, with Trump’s 58% stake in the company being valued at $3.9 billion, according to Bloomberg News. 

    The share price of DWAC increased by 35.22% to close at $49.95 on Monday when the closing of the deal was announced, with the new company retaining the TMTG name and changing its stock ticker to Trump’s initials, “DJT.” The process will increase Trump’s net worth to $6.4 billion, according to Bloomberg.

    Trump’s net worth, which until recently has primarily comprised real property of The Trump Organization, has been subject to varying estimates. The Australian Financial Review estimated his net worth to be $9.8 billion following the TMTG acquisition process, while Forbes maintains his net worth at $2.6 billion as of Monday — making him the 1,265th richest person in the world — with its highest-ever estimate for his net worth being $4.5 billion in 2016.

    Truth Social has reported many losses since its creation, with Trump being the primary user of the platform with the largest number of followers. He often announces major legal and campaign decisions on the platform, similar to his use of Twitter during his presidency.

    Trump will not be able to sell his stake in TMTG for at least six months following the commencement of trading

    Former PayPal President Ditches Democrat Party, Endorses Trump

    By
    Madeleine Jackson
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    1

    Trump just scored another major donor…

    Former president of PayPal David Marcus announced he has switched political parties and endorsed Donald Trump via X.

    “I am crossing the Rubicon and backing the Republican Party and President Trump. Many — including a former version of myself — get trapped in a mental framework that becomes their identity and prevents them from radically evolving their thinking with new facts and information. I finally broke free from it.”

    “My journey has been a gradual political 180 from where I stood in every previous election. It has been an eye-opening process of disenchantment, zero-basing lifelong beliefs, and rebuilding from there,” wrote Marcus.

    Marcus cited an anecdote where, in 2017, he was enlisted to raise $100M from Silicon Valley for the Democratic National Convention in order to “prevent a repeat of Hillary Clinton’s inadequate, outdated 2016 campaign.”

    David Marcus is aligned with Trump on technology innovations like crypto and AI as well as foreign policy–especially the Middle East. Marcus opined, “on Iran, this administration is continuing a misguided Obama-era plan to bring Iran closer to the West by unfreezing Trump-era sanctions, thus giving the Mollahs’ regime the ability to fund terrorism and pursue its anti-America, anti-Israel, and anti-Jewish agenda.”

    “I believe we need a President who is unequivocally pro: America, the Constitution, business, Bitcoin/crypto, innovation, Israel, small government, legal immigration, free speech, meritocracy, and common sense — and anti: regulatory proliferation, illegal immigration, unjust wars, Iran’s current regime, and domestic groups that oppose American values.”

    Marcus completed his post by referencing the attempt on former President Trump’s life at a rally in Butler, PA on July 13.

    “It’s impossible to close this post without mentioning President Trump’s recent assassination attempt. The courage and resolve he displayed seconds after being hit by a bullet was awe-inspiring for his followers and detractors alike. This was a man, however imperfect, who, at that moment, incarnated the American spirit in the most vivid way, starting to bring a split nation together,” wrote Marcus.

    “In this pivotal moment, confronted with the choices we have, I am endorsing and supporting a return to a Republican administration in 2025,” the post concluded.

    Trump has seen a number of prominent pro-business donors flock to his campaign this season as Republicans seek to a return to the White House.

    Family of Isaac Hayes Sues Trump Over Playing Hit Song

    By
    Madeleine Jackson
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    5
    Gage Skidmore Flickr

    The family of late soul singer Isaac Hayes is suing former President Donald Trump for using the icon’s music at his rallies, Isaac Hayes III announced last week.

     The filing accused the former president and the Republican Nation Committee of “willfully and brazenly” engaging in 134 counts of copyright infringement.

    A letter to Trump and his campaign from the Georgia-based law firm Walker & Associates reads:

    Our firm has been retained by the family and Isaac Hayes Enterprises, who own the copyright to the musical composition and recording “Hold On (I’m Coming)” (the “Song”). It has come to our attention that you or the campaign have authorized the illegal public performance of the Song on multiple occasions during various rallies for your political campaign without authorization from the copyright holder, despite being asked repeatedly not to engage in such illegal use by our client.

    Upon information and belief, you, your campaign, and/or the RNC and other parties have willfully and brazenly engaged in copyright infringement in violation of several provisions of Title 17 U.S.C., including § 501, of the Copyright Act of 1976, as amended, over one hundred times. We have attached for your convenience a non-exhaustive list attached hereto as Exhibit A. As we prepared this letter, there was an additional use in Montana just two nights ago, even with your office apparently aware that you had no permission. We and the family hereby demand that you cease the continual infringement of our copyright and stop all unauthorized use of the Song.

    The suit further demands Trump pay $3 million, stop using the song, and to remove any campaign multimedia of the song being played at rallies. Hayes’ estate also demanded Trump issue a statement acknowledging he played the song without permission.

    Facebook Admits ‘Mistake’ In Censoring Iconic Trump Assassination Attempt Photo

    By
    Madeleine Jackson
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    2
    Photo via Pixabay images

    On Monday, a Facebook spokesperson admitted the platform wrongly called the popular image of Donald Trump pumping his fist in the air after an assassination attempt against him an “altered photo.”

    Meta Public Affairs Director Dani Lever later explained on X it was done in error as the systems were meant to detect a separate version of the image.

    “This was an error. This fact check was initially applied to a doctored photo showing the secret service agents smiling, and in some cases our systems incorrectly applied that fact check to the real photo. This has been fixed, and we apologize for the mistake,” Lever wrote.

    Lever confirmed the mistake when Fox News Digital reached out for a comment.

    The altered image Lever referenced featured the Secret Service members surrounding Trump smiling. USA Today and AFP United States previously fact-checked the images as “altered,” though it confirmed the accuracy of the original image.

    “None of the agents in the original image are smiling as they surround Trump, who has blood on his face and his right arm in the air. The image – which was captured by Associated Press photographer Evan Vucci and distributed by the AP – appeared with coverage of the shooting by CNN, The Atlantic, Business Insider and many other legitimate news outlets,” USA Today explained.

    USA Today’s fact-check on the altered photo was used as a “third-party fact-checker” when Facebook corrected the photo.

    Google has recently come under criticism for omitting search results for Trump’s recent assassination attempt.

    Senators Call On SEC To Open Investigation Into Trump For Insider Trading

    By
    Madeleine Jackson
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    5

    Democrats are getting desperate…

    Senate Minority Leader Chuck Schumer (D-NY) and Sen. Elizabeth Warren (D-MA) sent a letter to the Securities and Exchange Commission (SEC) this week asking for an investigation into President Donald Trump’s social media posts urging stock market purchases ahead of his tariff pause announcement

    “We ask the SEC to determine whether President Trump, any members of his cabinet, or other donors, insiders, and administration officials engaged in insider trading, market manipulation or other securities laws violations on April 9, 2025, when President Trump announced that it was a ‘GREAT TIME TO BUY’ into the stock market,” the senators wrote in a scathing letter.

    Sens. Adam Schiff (D-CA), Ron Wyden (D-OR), Mark Kelly (D-AZ), and Ruben Gallego (D-AZ) also signed the letter, which slammed Trump for urging his social media followers to buy stocks “just hours before he announced a 90-day pause on his recently announced tariffs, leading to a historic market rally after days of dramatic market declines.”

    “THIS IS A GREAT TIME TO BUY!!!” Trump wrote on Truth Social at 9:37 am just ahead of his announcement that he would pause additional tariff increases on 75 countries for 90 days while slapping even higher levies on China.

    The letter was addressed to SEC Commissioner Paul Atkins, a Trump appointee, who was confirmed by the Senate on Thursday.

    “It is unclear which officials and affiliates for President Trump had advance knowledge of his plans to delay tariffs — but insiders may have known that he was going to announce a tariff pause and that the market would improve,” argued the Senators.

    Elon Musk Accuses Trump Ally Of ‘Leaking’ Info To The Media

    By
    Madeleine Jackson
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    3
    UK Government, CC BY 2.0 , via Wikimedia Commons

    Tensions are running high within Trump’s inner circle…

    Billionaire Elon Musk clashed publicly with Boris Epshteyn, one of Trump’s closest allies in what sources called a “massive blowout” over key Cabinet appointments.

    According to three sources cited by Axios, the dispute reached a boiling point during a dinner at Trump’s Mar-a-Lago club last week during which Musk accused Epshteyn of leaking sensitive details about the transition process, including potential personnel picks.

    “You don’t know what you’re talking about,” Epshteyn reportedly fired back during the heated exchange.

    The altercation highlights a power struggle as Musk, a newcomer to Trump’s inner circle, increasingly advocates for his preferred candidates. Musk has reportedly criticized Epshteyn’s influence in selecting Justice Department nominees, including Matt Gaetz for attorney general.

    Musk is lobbying for Howard Lutnick, co-chair of Trump’s transition team, as Treasury secretary, over Wall Street veteran Scott Bessent.

    Despite the friction, Musk maintains considerable support among Trump’s family and allies. 

    However, the tech billionaire’s growing role in the transition has rankled longtime Trump loyalists, who view him as overstepping boundaries. 

    Musk has been among the president-elect’s most vocal and influential supporters since he endorsed Trump immediately after a July assassination attempt at a Pennsylvania rally but some in Trump’s inner circle say the Tesla CEO is being to overstay his welcome.

    “Elon won’t go home. I can’t get rid of him. Until I don’t like him,” Trump quipped, according to a source in the room when Trump met with Republican lawmakers on Capitol Hill last Wednesday.

    some Republicans have questioned how long Trump and Musk can happily co-exist, particularly given Trump’s past frustration with those who take up too much of the spotlight.

    “Trump is not going to have another alpha. I think Trump is going to tire of him,” one source close to the transition told The Hill.

    One Republican lobbyist with ties to Trump said there are some in the president-elect’s orbit who think Musk is “a little big for his britches.”

    Trump transition team spokesperson Karoline Leavitt did not respond to requests for comment from The Hill, but in a statement on Wednesday to NBC News described Musk and Trump as “great friends and brilliant leaders working together to Make America Great Again.”

    “Elon Musk is a once in a generation business leader and our federal bureaucracy will certainly benefit from his ideas and efficiency,” Leavitt said.

    Trump’s Truth Social Merger Deal Hits A Pause

    By
    Madeleine Jackson
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    0
    Photo via Gage Skidmore Flickr

    It’s a bad time to be Trump…

    New reports indicate the potential merger deal with the former President’s Truth Social platform is dead in the water.

    The Daily Beast reports:

    The public shell corporation that has been preparing to merge with former President Donald Trump’s technology firm—the parent company of his social media platform, Truth Social—announced Thursday that it was dropping its plans to pursue the merger through a specialized process called a ​​private investment in public equity (PIPE) transaction. The company also said it planned to return $533 million it had raised from investors to complete the deal. The merger between Digital World Acquisition Corp. (DWAC), a special purpose acquisition company, and Trump Media & Technology Group failed to materialize by a September 2022 deadline set by U.S. regulators, giving DWAC the option to back out of the deal. A TMTG spokesperson claimed in a release Thursday that the two companies still planned to merge and said the development was, in fact, a positive step—but declined to comment when pressed by Reuters to say how backing out of the PIPE deal would benefit either party.

    This is a breaking news story. Click refresh for the latest updates.

    Trump Scores Support From Another Billionaire

    By
    Madeleine Jackson
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    1
    Donald Trump via Gage Skidmore Flickr

    Trump is scoring big…

    Ark Invest CEO Cathie Wood said she would vote for former President Trump over President Biden in the November presidential election.

    Wood took part in an interview with ‘Meet Kevin’ financial analyst and YouTuber Kevin Paffrath, during which she was asked the popular question, “Trump or Biden?”

    Wood told the host she has three children with whom she has discussed the upcoming election and its consequences.

    “As I’ve said to them, ‘Look, I am going to vote for the person who’s going to do the best job for our economy,’” Wood told Paffrath. “I am a voter when it comes to economics, and on that basis, Trump.”

    She further explained that Laffer Associates founder and chairman Art Laffer “describes the first three years of the Trump presidency as the best in U.S. economic history, not the last one because of COVID, and I would agree.”

    Watch:

    The informal endorsement comes on the heels of several billionaires sending money and support toward Trump’s presidential campaign. (RELATED: Billionaire Makes Massive Political Contribution To Trump)

    Timothy Mellon, heir to the Mellon banking fortune, made a $50 million contribution to the pro-Trump super PAC, Make America Great Again Inc.

    In a memo following Mellon’s donation, the PAC announced it had reserved $100 million in advertising through Labor Day.

    The New York Times continues:

    Mr. Mellon is now the first donor to give $100 million in disclosed federal contributions in this year’s election. He was already the single largest contributor to super PACs supporting both Mr. Trump and Robert F. Kennedy Jr., who is running as an independent. Mr. Mellon has previously given $25 million to both.

    Billionaire Stephen Schwarzman, the CEO and co-founder of Blackstone, announced last month he will back Trump in the 2024 race after he previously called for the Republican Party to turn to a “new generation of leaders.”

    Judge Judy Labels Trump Hush Money Case ‘Nonsense’

    By
    admin
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    2
    Donald Trump via Gage Skidmore Flickr

    A waste of time and taxpayer dollars…

    “Judge Judy” Sheindlin called Manhattan District Attorney Alvin Bragg’s (D) hush money case against former President Trump “nonsense” in a recent interview.

    “You gotta twist yourself into a pretzel to figure out what the crime was. [Bragg] doesn’t like him — New York City didn’t like him for a while,” Sheindlin said of Trump in a “Who’s Talking to Chris Wallace?” interview streaming Friday on Max.

    “I would be happier, as someone who owns property in Manhattan, if the district attorney of New York County would take care of criminals who were making it impossible for citizens to walk in the streets and use the subway, to use his efforts to keep those people off the street, than to spend $5 million or $10 million of taxpayers’ money trying Donald Trump on this nonsense,” the longtime TV judge told Wallace.

    Watch:

    “I, as a taxpayer in this country, resent using the system for your own personal self-aggrandizement,” the “Judy Justice” personality said of Bragg.

    OLYMPUS DIGITAL CAMERA

    Asked by the CNN anchor what she thought of Trump, the 81-year-old former Manhattan Family Court judge replied, “I think he was a good businessman, a real estate guy. And he was certainly terrific on ‘The Apprentice.’”

    The celebrity judge’s comments come as the Manhattan DA seeks an extension of the restraining order against former President Donald Trump. (RELATED: Manhattan DA Seeks Extended Gag Order Against Trump Amid Death Threats To Bragg)

    They argue that Trump’s public statements have increased tensions and led to threats against Bragg and his team before Trump’s July 11 sentencing.

    The Manhattan District Attorney’s Office charged Trump with 34 counts of falsifying business records as part of a hush-money scheme to prevent porn star Stormy Daniels from speaking out about her alleged extramarital affair before the 2016 presidential election.

    Before Trump, no sitting or former president ever faced criminal charges. This is the lowest level felony in New York, any potential sentence will more than likely be served after the 2024 election.

    As The New York Times reports:

    The order, issued before Mr. Trump’s Manhattan criminal trial began in mid-April, bars him from attacking witnesses, jurors, court staff and relatives of the judge who presided over the trial, Juan M. Merchan.

    Mr. Trump’s lawyers have sought to have the order lifted since Mr. Trump’s conviction in late May. But in a 19-page filing on Friday, prosecutors argued that while Justice Merchan no longer needed to enforce the portion of the gag order relating to trial witnesses, he should keep in place the provisions protecting jurors, prosecutors, court staff and their families.

    Article Published With The Permission of American Liberty News

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