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Trump Trial Day 16: The Defense Rests.

The sixteenth day of former President Donald J. Trump‘s Manhattan-based hush money trial ended well before noon as defense witness Robert Costello‘s cross-examination by prosecutors concluded, and the defense rested their case after a brief redirect. While Costello’s testimony lacked the fireworks seen Monday afternoon — where Judge Juan Merchan cleared the entire courtroom at one point — the former legal adviser to Michael Cohen delivered a few parting blows to his former client’s claims.

Following Costello’s testimony, representatives for the prosecution and defense met in conference with Judge Merchan for a lengthy debate on what instructions the jury would receive ahead of their deliberations.

COSTELLO PART II. 

Costello’s cross-examination by prosecutor Susan Hoffinger continued Tuesday morning. Kicking off her questioning, Hoffinger pressed Costello on whether disgraced lawyer Michael Cohen ultimately retained his law firm. The former federal prosecutor and defense attorney acknowledged that Cohen eventually hired a different firm to represent him.

Hoffinger showed the jury a 2018 email in which Cohen asked Costello to stop contacting him. It read: “Gentleman, Please cease contacting me as you do not and have never represented me in this or any other matter. Your interest and offers to become part of the team and to serve as a contact was subject to existing counsel, Guy Petrillo (cc’d) approval, which was denied.”

COSTELLO AND GIULIANI. 

Pressing on, Hoffinger zeroed in on the 2018 Regency Hotel meeting between Michael Cohen and Robert Costello. Cohen previously testified that Costello had asked him during that meeting how he was connected with former New York City Mayor Rudy Giuliani.

“That’s not true,” Costello replied to Hoffinger. He added that Cohen‘s relationship with Giuliani did come up at a later meeting between the two. Hoffinger went on to confirm with Costello that Giuliani was a guest at his wedding.

The prosecution next presented Costello and the jury with an email on April 19, 2018, in which Costello informed Cohen that Giuliani was joining the Trump legal team. “I am sure you saw the news that Rudy is joining the Trump legal team. I told you my relationship with Rudy which could be very very useful for you,” he wrote to Cohen. Hoffinger also produced an email between Costello and Jeff Citron, where the former wrote: “All the more reason for Cohen to hire me because of my connection to Giuliani, which I mentioned to him in our meeting.”

Costello acknowledged he authored both emails.

MERCHAN’S RULING SNAGS COSTELLO. 

Yesterday, Judge Merchan ruled that Robert Costello’s testimony would be limited to rebutting two specific claims made by Michael Cohen and that further elaboration was out of the scope of the trial. The dubious ruling prevented Costello from going into detail regarding his communications with Cohen, allowing prosecutors to undermine Cohen‘s former legal adviser to a degree on Tuesday.

Hoffinger presented Costello with another email in which the latter refers to a “backchannel.” She asked him if he pushed to represent Cohen to serve as a backchannel between the disgraced attorney and former President Donald Trump. Costello denied the accusation.

“That was your email to Michael Cohen?” Hoffinger asked, with Costello replying, “Yes.” Pushing further, the prosecutor asked Costello: “The email speaks for itself, right sir?”

Sensing an opportunity to trip up the prosecution and widen the scope of his testimony, Costello replied, “No, not quite. There are circumstances about that email which I would be delighted to tell you.”

Unfortunately, Hoffinger quickly responded, “That’s alright; let’s move on to the next one.” The exchange earned laughs in the courtroom.

AN EMAIL PROBLEM?

The prosecution continued to hammer at Costello using a series of 2018 emails he sent regarding the possibility of representing Cohen. In a May 15, 2018, email presented by Hoffinger, Costello wrote: “Our issue is to get Cohen on the right page without giving him the appearance that we are following instruction from Giuliani or the president. In my opinion, this is the clear correct strategy.”

Pressed as to the meaning of the email, Costello replied, “No, not to follow instructions but to get everybody on the same page because Michael Cohen had been complaining incessantly that Rudy Giuliani was making statements in the press.”

Next, Hoffinger presented an email authored by Costello on June 13, 2018. “Since you jumped off the phone rather abruptly, I did not get a chance to tell you that my friend has communicated to me that he is meeting with his client this evening, and he added that if there was anything you wanted to convey, you should tell me, and my friend will bring it up for discussion this evening,” he wrote at the time.

“I was encouraging Michael Cohen, as I just explained to you in my previous answer, to express any of his complaints, and he had several, so that I could bring them to Giuliani, and get them worked out, whatever they were,” Costello explained to Hoffinger regarding the email’s contents.

After a few more moments discussing the emails and Costello’s rocky relationship with Michael Cohen, the prosecution ended the witness’s cross-examination.

A BRIEF REDIRECT. 

Former President Trump‘s defense attorney Emil Bove engaged in a brief redirect with Costello on the stand. He asked Cohen’s former legal adviser, “Who first used the word backchannel?” Costello told Bove that Giuliani first used the term.

Circling back to the June 13, 2018 email, Bove asked Costello whether he thought he was pressuring Cohen. Bove specifically highlighted a line in the email reading: “You have the ability to make that communication when you want to. Whether you exercise that ability is totally up to you.”

“Was that pressuring Michael Cohen to do anything?” Bove asked. Costello replied: “No, not at all.”

“Did you ever pressure Michael Cohen to do anything?” Bove followed up. Costello responded: “I did not.”

Former President Donald Trump‘s defense team rested after presenting a two-hour case on Monday and Tuesday.

SUMMATION AND DELIBERATION.

After Trump’s defense team rested their case, Judge Merchan dismissed the jury for an entire week. The judge told jurors and counsel that summations — also known as closing arguments — would occur on Tuesday, following the holiday weekend. The jury — barring a dismissal of the case by Merchan — is expected to begin deliberations as early as next Wednesday.

“I’ve considered all the permutation… at the end of the day, I think the best thing that we can do is to adjourn now until next Tuesday,” Merchan said. He continued: “At that time, you will hear summations from the attorneys. Probably Wednesday I’ll ask you to come in … hear jury charge and then I would expect that you will begin your deliberations hopefully at some point on Wednesday.”

JURY INSTRUCTIONS.

Following a lengthy break, counsel for the prosecution and defense returned to the courtroom at 2:15PM for a jury instruction conference with Judge Merchan. Trump‘s defense attorney Emil Bove asked Merchan to include an instruction that any campaign finance violation must be “willful” in nature. He argued that omitting the instruction “would allow the jury to think about the predicate offense in civil terms.”

Matthew Colangelo, representing the precaution, countered: “The plain text of the statute provides that the election law conspiracy occurs when its intended results are executed through unlawful means. There’s no need to add the word willful.”

He added: “The other crime here is the election law violation, which becomes a criminal violation when two or more persons conspire to promote” a candidate for election by unlawful means.”

Judge Merchan, interjecting, noted that the charge of falsifying business records in the first degree “requires that there be an intent to defraud that includes the intent to commit another crime.” While Merchan did not rule immediately on the issue, he did appear inclined to agree with the defense.

Regarding whether the National Enquirer did publish articles and promote Karen McDougal as part of her agreement with them, Judge Merchan sided with the defense and included language about the tabloid’s “legitimate press function.”

CLARIFYING COHEN’S CRIMES.

In another win for Trump‘s defense, Judge Merchan agreed with the former President’s attorneys to strike proposed language from the prosecution that stated Cohen “participated in and was convicted of two crimes.” Instead, the instructions will read that Cohen “participated in crimes.” Removing the reference to “convicted” was important to the Trump team as they did not wish the former President to be implicated in Cohen’s 2018 conviction for tax fraud.

Judge Merchan also appeared inclined to side with the defense regarding language referring to the falsified business records. Specifically, Bove asked Merchan to strike the phrase “a person causes a false entry when…”.

“They could convict based on someone else causing a false entry and accessorial liability — basically causing the causer — where (for example, if) Allen Weisselberg caused someone to do something and then President Trump caused Allen Weisselberg,” Bove contended. He added: “It doubles up on accessorial liability.”

In addition, the defense pushed Merchan to use an expanded instruction on intent. Bove noted, that there is a “significant issue with instructing to the jury that intent to defraud could include defrauding the government and the voting public, based on the facts of this case.” While Merchan did not immediately rule, he appeared inclined to find a middle ground between the proposed defense and prosecution language.

Judge Merchan did rule against the defense’s request that jurors be instructed that hush money payments are not illegal. “I think that to take it to the next level and actually give an instruction to the bench is taking it too far. I don’t think it’s necessary,” he said.

You can read The National Pulse’s Day Fifteen trial coverage here, and if you find our work worthwhile, consider joining as a supporter.

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Prosecutors Claim Man ‘Harassed’ Islam by Burning Quran.

PULSE POINTS:

What Happened: Prosecutors have charged a man for burning a Quran in England, which critics say could introduce blasphemy laws back to the country.

👥 Who’s Involved: Prosecutors, Shadow Justice Secretary Robert Jenrick, Hamit Coskun.

📍 Where & When: Charges were laid after Coskun burned the Quran as part of a protest earlier this year.

💬 Key Quote: “It is not for the Crown Prosecution Service (CPS) or courts to create a blasphemy law in this country by the back door.” — Conservative Member of Parliament (MP) Robert Jenrick.

⚠️ Impact: If the prosecution continues and Coskun is found guilty, it could introduce a new de facto blasphemy law into the British legal system.

IN FULL:

British prosecutors have criminally charged a man under the Public Order Act after setting fire to a copy of the Islamic Quran, claiming that he was “harassing” the religion by doing so. Critics have warned that the case could set a precedent for a quasi-blasphemy law in the United Kingdom if the man is convicted.

Hamit Coskun has been charged with harassing the religion, which the prosecutor claims is an “institution” in Britain. It is the first time anyone has been charged with such an offense, as prior to the case, religions like Islam were not considered “persons.”

Shadow Justice Secretary and former Conservative Party leadership contender Robert Jenrick sharply criticised the move to prosecute Coskun. “Burning the Quran, like any religious text, is something that some people find very offensive and few people would condone, but that’s not the point. There are many things in our society that people find offensive, but that doesn’t make them criminal,” Jenrick said. 

He added that Britain scrapped blasphemy laws nearly two decades prior, saying it was “right to do so.” He insisted: “It is not for the Crown Prosecution Service (CPS) or courts to create a blasphemy law in this country by the back door.”

The case came just months after another man in Manchester was admonished by a judge for tearing out a page of a Quran and burning it. According to the judge, the book was “sacred” and such actions were not permissible in a “tolerant” society.

Some Muslim lawmakers in Britain, including members of the ruling Labour Party, have called for blasphemy laws to return to the country. Tahir Ali MP urged the government to ban the desecration of religious texts, something Prime Minister Sir Keir Starmer refused to rule out at the time.

Image by Frankie Fouganthin.

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Farmers Rally in Support of Trump’s Tariff Strategy.

PULSE POINTS:

What Happened: American farmers are showing strong support for President Trump’s trade policies, expecting tariffs to bolster the agricultural sector.

👥 Who’s Involved: President Donald J. Trump, American farmers, Purdue University, and CME Group.

📍 Where & When: United States, April (latest data from Purdue University-CME Group Ag Economy Barometer).

💬 Key Quote: “This month, one out of four respondents said it was a good time to make large investments.” — Perdue University study.

⚠️ Impact: Increased farmer optimism and investment intentions, with expectations of improved financial performance.

IN FULL:

Farmers across America are expressing robust support for President Donald J. Trump‘s trade policies, according to the latest data from the Purdue University-CME Group Ag Economy Barometer. The survey reveals that 70 percent of farmers believe the tariffs imposed under Trump’s administration will ultimately strengthen the agricultural sector. This optimistic outlook is reflected in the significant rise in farmer sentiment observed in April, with both current and future expectations showing marked improvement.

The Farm Capital Investment Index, a key measure of farmers‘ willingness to invest, has reached its highest level since May 2021. This surge in investment sentiment is underscored by the finding that one in four respondents considers it a favorable time to make substantial investments. This figure is nearly twice the percentage recorded in surveys conducted from May to October of the previous year.

Moreover, the Farm Financial Performance Index has remained above 100 for four consecutive months. This indicates that producers anticipate financial performance this year to be on par with, or slightly exceed, the levels seen last year.

The data underscores a growing confidence among American farmers in the Trump administration’s economic strategies. By focusing on restoring fairness in global trade and opening new markets for U.S. producers, the administration has garnered significant support within the agricultural community.

The optimism of farmers matches the similar sentiment expressed by those in the manufacturing industry, who have also praised President Trump’s tariff policies.

President Trump has said his new trade deal with the United Kingdom, announced Thursday, will significantly open the British market to American produce.

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Trump Calls for 30-Day Ceasefire Between Russia and Ukraine, Threatens Sanctions on Both if Not Upheld.

PULSE POINTS:

What Happened: President Donald J. Trump is once again pushing for a 30-day ceasefire between Russia and Ukraine, threatening sanctions if either country violates the suspension of hostilities. He hopes a ceasefire can pave the way for a peace deal between the warring nations.

👥 Who’s Involved: President Donald J. Trump, Russian President Vladimir Putin, and Ukrainian President Volodymyr Zelensky.

📍 Where & When: President Trump called for a ceasefire in a post on Truth Social on Thursday, May 8, 2025.

💬 Key Quote: “If the ceasefire is not respected, the U.S. and its partners will impose further sanctions,” President Trump warned.

⚠️ Impact: With the Russian economy beginning to show signs of strain under current U.S. sanctions, and Putin even expressing a desire to re-establish access to Western markets, the 30-day ceasefire demand may be too much for him to pass up. The Russian leader has already signalled he is open to a shorter-term cessation of hostilities. However, this may be the final efforts of the Trump White House to broker an end to the conflict before washing their hands of the issue.

IN FULL:

President Donald J. Trump is calling for an unconditional 30-day ceasefire between Russia and Ukraine, threating that the United States and its partners will impose crippling sanctions on whichever of the two nations either refuse the agreement or violate it. The America First leader outlined the ceasefire proposal in a post on Truth Social late Thursday, May 8, 2025.

“The U.S. calls for, ideally, a 30-day unconditional ceasefire. Hopefully, an acceptable ceasefire will be observed, and both Countries will be held accountable for respecting the sanctity of these direct negotiations,” Trump wrote, continuing: “If the ceasefire is not respected, the U.S. and its partners will impose further sanctions.”

He added: “Thousands of young soldiers are dying on a weekly basis, and everybody should want it to STOP. I do, and the United States of America does, also. As President, I will stay committed to securing Peace between Russia and Ukraine, together with the Europeans, and a Lasting Peace it will be!”

Trump emphasized that the ceasefire demand is intended to “ultimately build toward a Peace Agreement” and that it must be done “quickly.” Additionally, President Trump offered to be “available on a moment’s notice” to help broker a peace deal between Russia and Ukraine.

Earlier in the week, Trump expressed his disgust and anger with the intransigence shown by both the Russian and Ukrainian governments toward a peace deal. Meanwhile, Vice President J.D. Vance, speaking at the Munich Leaders Meeting in Washington, D.C., said that Russia is “asking for too much” in return for ending its war against neighboring Ukraine, highlighting the Trump White House’s continued frustration with reaching an elusive peace settlement.

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EU Takes Trump to WTO, Plans 95 Billion Euro Retaliation Against U.S. Tariffs.

PULSE POINTS:

What Happened: The European Union (EU) announced plans to challenge U.S. “reciprocal” tariffs at the World Trade Organization (WTO) and launched a public consultation on countermeasures.

👥 Who’s Involved: European Commissioner Maros Sefcovic, European Commission President Ursula von der Leyen, U.S. President Donald J. Trump, John Plueger of Air Lease Corp.

📍 Where & When: Luxembourg, May 7, 2025.

💬 Key Quote: “The EU’s objective is thus to reaffirm that internationally agreed rules matter, and these cannot be unilaterally disregarded by any WTO member, including the US,” stated the European Commission.

⚠️ Impact: Further trade tensions with tariffs affecting industries such as automotive, aerospace, and spirits, with a possible shift in production strategies for EU manufacturers.

IN FULL:

The European Union (EU) has declared its intention to contest the United States’ reciprocal tariff policy at the World Trade Organization (WTO). This announcement was made during a press conference held by EU Commissioner Maros Sefcovic at the EU Council building on May 7, 2025.

The European Commission has initiated a public consultation on possible countermeasures targeting U.S. imports valued at $107.4 billion, should negotiations with Washington falter. The proposed list includes a wide array of agricultural and industrial goods, notably bourbon and tequila, which have been contentious points between the transatlantic partners. President Donald J. Trump had previously threatened to impose a 200 percent tariff on EU alcohol imports, escalating tensions.

The EU’s dispute will formally begin with a consultation request, as the Commission asserts that the U.S. tariffs contravene fundamental WTO rules. “The EU’s objective is thus to reaffirm that internationally agreed rules matter and these cannot be unilaterally disregarded by any WTO member, including the US,” the Commission emphasized in its statement.

European Trade Commissioner Maroš Sefcovic highlighted the EU’s aim to negotiate a resolution to avoid Trump’s proposed 20 percent reciprocal tariffs on all U.S. imports from the EU. Despite ongoing talks, Sefcovic noted that the EU is preparing for all outcomes. The U.S. has already imposed a 25 percent tariff on imported vehicles, impacting European car manufacturers.

In a statement, EC President Ursula von der Leyen expressed commitment to finding negotiated solutions, stating, “We believe there are good deals to be made for the benefit of consumers and businesses on both sides of the Atlantic.”

The EU has temporarily halted retaliatory measures against U.S. tariffs on steel and aluminum, which could affect $24.1 billion worth of U.S. goods with a 25 percent tariff rate if implemented. Its combative approach with the Trump administration at the WTO contrasts with the approach of the United Kingdom, a former EU member state now able to control its own trade policy, which struck an ambitious free trade agreement with the U.S. on Thursday.

Image: European Union 2023– Source: EP.

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Stocks Climb as Trump Secures U.S.-U.K. Trade Deal.

PULSE POINTS:

What Happened: President Donald J. Trump announced a new trade agreement with the United Kingdom, leading to a rise in U.S. stock markets.

👥 Who’s Involved: President Donald J. Trump, Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, investors, and the U.S. Stock Market.

📍 Where & When: The announcement of the U.S.-UK trade deal was made on Thursday morning, May 8, 2025, from the Oval Office.

💬 Key Quote: Trump stated the deal will provide “billions of dollars of increased market access for American exports, especially in agriculture.”

⚠️ Impact: U.S. stock indices rose, with the S&P 500, Dow Jones, and Nasdaq all gaining. The blue-chip Dow narrowly missed exit correction territory.

IN FULL:

U.S. stock markets experienced a boost on Thursday following President Donald J. Trump’s announcement of a trade agreement with the United Kingdom. At closing, the Dow Jones had gained 254 points, or 0.6 percent. Meanwhile, the S&P 500 also rose 0.6 percent, and the Nasdaq closed up 1 percent.

After weeks of what Trump critics tried to frame as a market decline, the blue-chip Dow Jones narrowly missed exit correction territory, strongly suggesting that the volatility has been driven by a much-needed market correction. Notably, the market gains are also throwing cold water on fears that the United States has entered a bear market.

In a statement from the Oval Office, President Trump highlighted the economic benefits of the new trade deal, which promises “billions of dollars of increased market access for American exports, especially in agriculture.” He noted that the United Kingdom will remove non-tariff barriers that have previously “unfairly discriminated against American products.”

Despite the new agreement, lower tariffs on imports from Britain will remain. Commerce Secretary Howard Lutnick confirmed that tariffs would continue to generate $6 billion in revenue for the United States.

Treasury Secretary Scott Bessent informed a House committee earlier this week that the U.S. is engaged in negotiations with 17 out of 18 key trading partners. While the U.S.-U.K. deal is seen as a positive step, larger traders like China may present more significant challenges. China has reiterated its demand for the U.S. to cancel tariffs, a point of contention ahead of talks between Secretary Bessent and a Chinese delegation this weekend.

President Trump has maintained his stance on not reducing the 145 percent tariffs on Chinese goods during negotiations. Meanwhile, the Federal Reserve, citing trade policy uncertainties, decided to keep its benchmark interest rate steady at 4.25 percent to 4.5 percent.

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Germany Reverses Designation of Populist Party as ‘Right-Wing Extremist’ Following Lawsuit, Pressure from Trump.

PULSE POINTS:

What Happened: Following a lawsuit and criticism from the Trump administration, Germany’s domestic spy agency has suspended its classification of the populist Alternative for Germany (AfD), which placed second in the country’s recent federal elections, as a right-wing extremist organization.

👥 Who’s Involved: AfD, AfD leader Alice Weidel, co-leader Tino Chrupalla, the Federal Office for the Protection of the Constitution.

📍 Where & When: The spy agency announced the move on May 8.

💬 Key Quote: “We are defending ourselves with all legal means against the upgrade by the Federal Office for the Protection of the Constitution.” — Weidel and Chrupalla.

⚠️ Impact: The German spy agency will not surveil members of the AfD or place informants in the party as general policy until the court case is resolved.

IN FULL:

The German domestic spy agency has suspended its labelling of the populist Alternative for Germany (AfD) party as a right-wing extremist organization following pressure from the Trump administration and a new lawsuit. The Federal Office for the Protection of the Constitution announced it would be suspending the classification on May 8 until a court decides on the outcome of the pending lawsuit.

The AfD is appealing the classification at the Cologne Administrative Court to reverse the spy agency’s decision. If the court does not rule in favour of the party, the spy agency will be able to surveil party members and use informants to infiltrate it at scale.

Following the announcement from the spy agency, AfD leaders Alice Weidel and Tino Chrupalla both claimed it as a victory, though the move will only become permanent after a ruling.

“We are defending ourselves with all legal means against the upgrade by the Federal Office for the Protection of the Constitution,” the pair said in a statement. Their party placed second in Germany’s recent federal elections, and it is the leading party in several areas, particularly in the former East Germany.

Along with the lawsuit, the move comes after the German spy agency was widely criticised by members of Donald J. Trump’s administration, including Secretary of State Marco Rubio. “Germany just gave its spy agency new powers to surveil the opposition. That’s not democracy—it’s tyranny in disguise,” Rubio said.

Image by Markus Spiske.

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With Ed Martin Nomination Stalled, Trump May Name Judge Jeanine as U.S. Attorney for D.C. Instead.

PULSE POINTS:

What Happened: With Ed Martin’s nomination as U.S. attorney for the District of Columbia stalled in the Senate, it is widely speculated that President Donald J. Trump will announce former judge, prosecutor, and Fox News host Jeanine Pirro as his new pick.

👥 Who’s Involved: Current Interim U.S. attorney for the District of Columbia, Ed Martin; Fox News host Judge Jeanine Pirro; President Donald J. Trump, Senator Thom Tillis (R-NC), the U.S. Senate.

📍 Where & When: Washington, D.C., May 8, 2025.

💬 Key Quote: “He is a terrific person. He wasn’t getting the support from people that I thought,” Trump said of the stalled Martin nomination, adding: “I’m very disappointed in that. But I have so many different things that I’m doing now with the trade [negotiations]. One person, I can only lift that little phone so many times in a day. But we have somebody else that will be great.”

⚠️ Impact: Pirro is seen as a staunch ally of Trump, who, like Martin, will continue to carry out the America First leader’s agenda in the District of Columbia.

IN FULL:

It is believed that President Donald J. Trump will soon tap former judge, prosecutor, and Fox News host Jeanine Pirro as the new Interim U.S. Attorney for the District of Columbia. The move comes as the push to confirm the current interim prosecutor, Ed Martin, has stalled out in the U.S. Senate after drawing opposition from Senator Thom Tillis (R-NC), an establishment figure often accused of catering to the political goals of multinational corporations over Americans.

Earlier on Thursday, after signing a landmark trade deal with the United Kingdom, President Trump addressed the current situation with Martin’s nomination, expressing his frustration with the senators opposing his pick but signaling that the White House would be moving on to another choice. “He is a terrific person. He wasn’t getting the support from people that I thought,” Trump said, adding: “I’m very disappointed in that. But I have so many different things that I’m doing now with the trade [negotiations]. One person, I can only lift that little phone so many times in a day. But we have somebody else that will be great.”

Trump went on to reemphasize that his White House has “somebody else that we’ll be announcing over the next two days who’s gonna be great.”

Jeanine Pirro has been a staunch ally of Trump, even before either was on the national political stage. Notably, Pirro was an early backer of Trump’s successful 2016 presidential bid and served as a quasi-surrogate, pushing back against attacks on him in the media.

Image by Michael IVadon.

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By Popular Demand.
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Economists Blast Bank of England Rate Cut as Too Small — While U.S. Fed Won’t Slash Rates at All.

PULSE POINTS:

What Happened: The Bank of England reduced its base interest rate from 4.5 percent to 4.25 percent.

👥 Who’s Involved: The Bank of England, economist Patrick Minford, U.S. President Donald J. Trump, and the United States Federal Reserve.

📍 Where & When: Thursday, May 8, 2025, in the United Kingdom.

💬 Key Quote: “I would have welcomed more [of a cut to base rates] actually… At the moment, the priority is to try and stop the recession gathering pace,” said economist and former Margaret Thatcher advisor Patrick Minford.

⚠️ Impact: The British rate cut may not be sufficient to prevent a recession in Britain, but could increase pressure on the U.S. Federal Reserve to finally enact a rate cut of its own.

IN FULL:

The Bank of England has announced a reduction in its base interest rate from 4.5 percent to 4.25 percent, a move that has been met with mixed reactions from economists and the public. While this decision is seen as beneficial for many homeowners, Patrick Minford, a prominent economist and former advisor to the late Prime Minsiter Margaret Thatcher, has expressed concerns that the cut may not be enough to avert an impending recession. Conversely, yesterday, the United States Federal Reserve declined to cut rates at all, raising concerns that the American central bank is asleep at the wheel.

“I would have welcomed more [of a cut to base rates] actually,” Minford said in an interview, warning: “At the moment, the priority is to try and stop the recession gathering pace.”

As in the U.S., the British inflation rate has continued to fall, decreasing from 2.8 percent in February to 2.6 percent in March. However, in both countries, the inflation rate remains just above their respective central bank targets. In the U.S., President Donald J. Trump has steadily increased political pressure on Federal Reserve Chairman Jerome Powell to usher in a cut to interest rates and inject liquidity into the American economy.

Following the signing of a bilateral trade agreement between the U.S. and the UK on Thursday, President Trump again pushed “Too Late” Powell to cut rates, likening a cut to “jet fuel” and suggesting Powell’s reluctance to lower interest rates is politically motivated.

Despite growing concerns over a potential global recession driven by a deflationary demand collapse, the U.S. labor market has remained resilient under President Trump. The National Pulse reported on Thursday that unemployment claims are continuing to fall in the U.S., beating expectations, suggesting that recession fears may be overblown.

Image by Rafael Saldana.

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By Popular Demand.
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Pope Leo XIV Is a Registered Republican and Cast Ballots in Past GOP Primaries.

PULSE POINTS:

What Happened: U.S. voting data shows that the newly-elected Pope Leo XIV—formerly known as Cardinal Robert Prevost of Chicago, Illinois—is a registered Republican and has voted in a number of Republican primary elections in the past. Additionally, voter modeling suggests he is a conservative Republican voter.

👥 Who’s Involved: Pope Leo XIV.

📍 Where & When: May 8, 2025, the Vatican in Rome, Italy.

💬 Key Quote: Our Turning Point Action team pulled the voting history for Pope Leo XIV. He’s a registered Republican who has voted in Republican primaries when not living abroad,” Turning Point Action’s Charlie Kirk wrote in a post on X (formerly Twitter). He added: “Our data shows he’s a strong Republican, and he’s pro-life.”

⚠️ Impact: While not conclusive as to what the theological and ideological temperament of Pope Leo XIV might be, the data suggests that the new pontiff does represent a break from the more progressive excesses of his predecessor, the late Pope Francis.

IN FULL:

With the election of Chicago-born American Cardinal Robert Prevost to the papacy, taking the name Pope Leo XIV, we can, for the first time, actually know—to an extent—the political voting history of a pontiff in American elections. An American citizen, Pope Leo XIV is a registered member of the Republican Party and cast Republican primary ballots in 2012, 2014, and 2016.

“Our Turning Point Action team pulled the voting history for Pope Leo XIV. He’s a registered Republican who has voted in Republican primaries when not living abroad,” Turning Point Action’s Charlie Kirk wrote in a post on X (formerly Twitter). “Our data shows he’s a strong Republican, and he’s pro-life.”

Notably, the new pontiff has also cast ballots in a number of general elections in the United States in both presidential and midterm cycles. Pope Leo XIV voted in all U.S. general elections between 2000 and 2008, casting a ballot again in 2012 and 2014, and in 2018 and 2024. Additionally, according to voter modeling by Turning Point Action, Pope Leo XIV is categorized as having a generally conservative political ideology and a strong Republican partisanship rating.

The election and modeling data may provide hope for some of the more traditionalist factions in the Catholic Church, who want the new pontiff to provide a reprieve from the late Pope Francis‘s more “progressive” papacy. However, it is important to note that outside the modeling, it is unknown which candidates for public office were actually supported by Pope Leo XIV, with more moderate Republicans being just as likely as more conservative candidates.

Throwing some cold water on the idea that Pope Leo XIV may in some ways embody a more American conservative style of Catholicism is his history of criticism of President Donald J. Trump and Vice President J.D. Vance over their immigration policy on social media. The National Pulse reported earlier on Thursday that then-Cardinal Robert Prevost had shared several articles on X attacking both Trump and Vance over their deportation and immigration restriction policies.

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By Popular Demand.
The National Pulse Now has an on-site comments section for members. Sign up today and be part of the conversation in our community of almost 15,000.

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New Pope Criticized Trump, Vance, on Immigration.

PULSE POINTS:

What Happened: Cardinal Robert Francis Prevost, now Pope Leo XIV, elected as the first American pope, previously criticized President Donald J. Trump and Vice President J.D. Vance’s stance on immigration.

👥 Who’s Involved: Pope Leo XIV, President Trump, Vice President Vance, and the late Pope Francis.

📍 Where & When: Vatican City, with the election confirmed on May 8, 2025.

⚠️ Impact: Pope Leo XIV’s election is a point of national pride for the U.S., but, despite President Trump’s gracious response to his election, the pontiff’s past critiques of America First policies suggest he may attempt to undermine the Trump administration.

IN FULL:

Chicago-born Pope Leo XIV previously criticized President Donald J. Trump and Vice President J.D. Vance on immigration, sharing articles on X (formerly Twitter) calling the America First leader’s “rhetoric” on immigration “problematic” and criticizing his vice president’s stance on a Christian’s ties of obligation to his country and family.

The newly elected pontiff, formerly Cardinal Robert Francis Prevost, has a repost of an X user criticizing President Trump and Salvadoran President Nayib Bukele for the deportation of alleged gang member, domestic abuser, and human trafficker Kilmar Abrego Garcia at the top of his timeline.

In 2015, he shared an article by Cardinal Timothy Dolan, Archbishop of New York, titled ‘Why Donald Trump’s anti-immigrant rhetoric is so problematic.’

More recently, he used the @drprevost account to amplify criticism of Vice President J.D. Vance. He shared two articles attacking Vance, who was responding to the late Pope Francis’s thinly veiled criticism of Trump’s mass deportation policy, for saying that it is in line with Church teaching that “you love your family and then you love your neighbor, and then you love your community, and then you love your fellow citizens, and then after that, prioritize the rest of the world.”

Vance, a Catholic convert, cited the doctrine of ordo amoris, Latin for “order of love,” first outlined by the great 4th–5th-century theologian St. Augustine, angering liberal clergy—apparently including the future Pope Leo XIV—who were pushing the line that illegal immigrants should be given the same consideration as relatives and fellow citizens.

Nevertheless, President Trump has welcomed the new pontiff’s election, writing on his Truth Social platform, writing, “Congratulations to Cardinal Robert Francis Prevost, who was just named Pope. It is such an honor to realize that he is the first American Pope. What excitement, and what a Great Honor for our Country. I look forward to meeting Pope Leo XIV. It will be a very meaningful moment!”

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By Popular Demand.
The National Pulse Now has an on-site comments section for members. Sign up today and be part of the conversation in our community of almost 15,000.