Friday, September 5, 2025

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ICYMI: Trump’s Full Speech to Globalist World Economic Forum in Davos.

President Donald J. Trump made a virtual appearance at the globalist World Economic Forum (WEF) in Davos, Switzerland on Thursday, drawing battle lines by emphasizing national sovereignty, rejecting its climate agenda, and threatening the European Union (EU) on trade.

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PRESIDENT TRUMP: Well, thank you very much, Klaus [Schwab]. And hello to everyone in beautiful Davos.

This has been a truly historic week in the United States. Three days ago, I took the oath of office, and we began the golden age of America. The recent presidential election was won by millions of votes and all seven — every one of them — all seven swing states. It was a massive mandate from the American people like hasn’t been seen in many years. And some of the political pundits, even some of my so-called enemies, said it was the most consequential election victory in 129 years. That’s quite nice.

What the world has witnessed in the past 72 hours is nothing less than a revolution of common sense. Our country will soon be stronger, wealthier, and more united than ever before, and the entire planet will be more peaceful and prosperous as a result of this incredible momentum and what we’re doing and going to do.

My administration is acting with unprecedented speed to fix the disasters we’ve inherited from a totally inept group of people and to solve every single crisis facing our country.

This begins with confronting the economic chaos caused by the failed policies of the last administration. Over the past four years, our government racked up $8 trillion in wasteful deficit spending and inflicted nation-wrecking energy restrictions, crippling regulations, and hidden taxes like never before. The result is the worst inflation crisis in modern history and sky-high interest rates for our citizens and even throughout the world. Food prices and the price of almost every other thing known to mankind went through the roof.

President Biden totally lost control of what was going on in our country but, in particular, with our high-inflation economy and at our border. Because of these ruinous policies, total government spending this year is $1.5 trillion higher than was projected to occur when I left office just four years ago. Likewise, the cost of servicing the debt is more than 230 percent higher than was projected in 2020.

The inflation rate we are inheriting remains 50 percent higher than the historic target. It was the highest inflation probably in the history of our country. That’s why, from the moment I took office, I’ve taken rapid action to reverse each and every one of these radical left policies that created this calamity — in particular, with immigration, crime, and inflation.

On day one, I signed an executive order directing every member of my Cabinet to marshal all powers at their disposal to defeat inflation and reduce the cost of daily life. I imposed a federal hiring freeze, a federal regulation freeze, a foreign aid freeze, and I created the new Department of Government Efficiency.

I terminated the ridiculous and incredibly wasteful Green New Deal — I call it the “Green New Scam”; withdrew from the one-sided Paris Climate Accord; and ended the insane and costly electric vehicle mandate. We’re going to let people buy the car they want to buy.

I declared a national em- — energy emergency — and it’s so important — national energy emergency to unlock the liquid gold under our feet and pave the way for rapid approvals of new energy infrastructure. The United States has the largest amount of oil and gas of any country on Earth, and we’re going to use it.

Not only will this reduce the cost of virtually all goods and services, it will make the United States a manufacturing superpower and the world capital of artificial intelligence and crypto.

My administration has also begun the largest deregulation campaign in history, far exceeding even the record-setting efforts of my last term.

In total, the Biden administration imposed $50,000 in additional regulatory costs on the average American household over the last four years. I have promised to eliminate 10 old regulations for every new regulation, which will soon put many thousands of dollars back in the pockets of American families.

To further unleash our economy, our majorities in the House and Senate — which we also took, along with the presidency — are going to pass the largest tax cut in American history, including massive tax cuts for workers and family and big tax cuts for domestic producers and manufacturers. And we’re working with the Democrats on getting an extension of the original Trump tax cuts, as you probably know by just reading any paper.

My message to every business in the world is very simple: Come make your product in America, and we will give you among the lowest taxes of any nation on Earth. We’re bringing them down very substantially, even from the original Trump tax cuts. But if you don’t make your product in America, which is your prerogative, then, very simply, you will have to pay a tariff — differing amounts, but a tariff — which will direct hundreds of billions of dollars and even trillions of dollars into our Treasury to strengthen our economy and pay down debt.

Under the Trump administration, there will be no better place on Earth to create jobs, build factories, or grow a company than right here in the good old USA.

Already, American’s economic — and you can see this, I think, maybe even in your — in your wonderful, wonderful room that you’re all gathered together — so many of my friends — but, Americans, the economic confidence is soaring like we haven’t seen in many, many decades, maybe not at all.

Upon my election, it was just announced that small-business optimism skyrocketed by 41 points in a single month. That’s the highest ever. There’s never been anything like that.

SoftBank has announced between a $100 and $200 billion investment in the U.S. economy because of the election result. And just two days ago, Oracle, SoftBank, and OpenAI announced a $500 billion investment in AI infrastructure. Other companies, likewise, have announced billions and billions and billions — adding up to trillions — of investment in America, in the United States.

And it’s also reported today in the papers that Saudi Arabia will be investing at least $600 billion in America. But I’ll be asking the crown prince, who’s a fantastic guy, to round it out to around $1 trillion. I think they’ll do that because we’ve been very good to them. And I’m also going to ask Saudi Arabia and OPEC to bring down the cost of oil. You got to bring it down, which, frankly, I’m surprised they didn’t do before the election. That didn’t show a lot of love by them not doing it. I was a little surprised by that.

If the price came down, the Russia-Ukraine war would end immediately. Right now, the price is high enough that that war will continue. You got to bring down the oil price; you’re going to end that war. They should have done it long ago. They’re very responsible, actually, to a certain extent, for what’s taking place — millions of lives are being lost.

With oil prices going down, I’ll demand that interest rates drop immediately. And, likewise, they should be dropping all over the world. Interest rates should follow us.

All over, the progress that you’re seeing is happening because of our historic victory in a recent presidential election, one that has become quite well known throughout the world.

I think a lot of things are happening to a lot of countries. They say that there’s light shining all over the world since the election. And even countries that we aren’t particularly friendly with are happy because they understand what — there is a future and th- — how great the future will be.

Under our leadership, America is back and open for business. And this week, I’m also taking swift action to stop the invasion at our southern border. They allowed people to come in at levels that nobody has ever seen before. It was ridiculous. I decided a — and declared to dec- — to — to do — and very, very importantly — a national emergency on our border; immediately halted all entry of illegal border crossers, of which there were many; and began properly returning the illegal trespassers back to the place from which they came.

That action, as you’ve probably seen, has already started very strongly. I have deployed active-duty U.S. military and National Guard troops to the border to assist in repelling the invasion. It was really an invasion. We will not allow our territory to be violated.

After four long years, the United States is strong and sovereign and a beautiful nation once again. It’s a strong, sovereign nation.

In addition, I’m pleased to report that America is also a free nation once again. On day one, I signed an executive order to stop all government censorship. No longer will our government label the speech of our own citizens as misinformation or disinformation, which are the favorite words of censors and those who wish to stop the free exchange of ideas and, frankly, progress. We have saved free speech in America, and we’ve saved it strongly.

With another historic executive order this week, I also ended the weaponization of law enforcement against the American people — and, frankly, against politicians — and restored the fair, equal, and impartial rule of law.

My administration has taken action to abolish all discriminatory diversity, equity, and inclusion nonsense — and these are policies that were absolute nonsense — throughout the government and the private sector. With the recent, yet somewhat unexpected, great Supreme Court decision just made, America will once again become a merit-based country. You have to hear that word: merit-based country.

And I’ve made it official — an official policy of the United States that there are only two genders, male and female, and we will have no men participating in women’s sports, and transgender operations, which became the rage, will occur very rarely.

Finally, as we restore common sense in America, we’re moving quickly to bring back strength and peace and stability abroad. I’m also going to ask all NATO nations to increase defense spending to 5 percent of GDP, which is what it should have been years ago — it was only at 2 percent, and most nations didn’t pay until I came along; I insisted that they pay, and they did — because the United States was really paying the difference at that time, and it’s — it was unfair to the United States. But many, many things have been unfair for many years to the United States.

Before even taking office, my team negotiated a ceasefire agreement in the Middle East, which wouldn’t have happened without us, as I think most of the people in the room know. Earlier this week, the hostages began to return to their families. They are returning, and it’s a beautiful sight. And they’ll be coming in more and more. They started coming back on Sunday.

Our efforts to secure a peace settlement between Russia and Ukraine are now, hopefully, underway. It’s so important to get that done. That is an absolute killing field.

Millions of soldiers are being killed. Nobody has seen anything like it since World War II. They’re laying dead all over the flat fields. It’s a flat field — farmland, and there’s millions of Russians and millions of Ukrainians. Nobody’s seen anything like it since World War II. It’s time to end it.

And here in America, we have big events coming up. Next year we have the 250th anniversary of America’s founding. I’m so honored to be president during that. That’s been a big event. They’ve been talking about it for 10 years. We also have the World Cup, and I understand Gianni — Gianni is in the room — Infantino. He was very instrumental in helping us get it — he’s there with you someplace, I think — and I want to thank him for that.

And then we have the Olympics coming up, which I was instrumental in getting, also, in my first term. And who would have known that by skipping a term, I would get the Olympics? I was upset. I said, “You know, I got the Olympics to come and I won’t be president.” But it turned out, through a stroke of luck or whatever you might call it, that I’m going to be president during the World Cup and the Olympics and the 250th

anniversary. So, that’s going to be three big events.

And we’ve accomplished more in less than four days — we have really been working — four days — than other administrations have accomplished in four years, and we’re just getting started. It’s really an amazing thing to see, and the spirit and the light over our country has been incredible.

Under the last administration, our nation has suffered greatly, but we are going to bring it back and make it greater, bigger, stronger, better than ever before.

I want to thank everybody for being with you. I would have been there myself, except the inauguration was two days ago. I thought it might be a little bit quick to make it the first stop, but we’ll get there one day. We hope to get there.

But I — I do appreciate — I heard the audience is fantastic, and many of my friends are in the audience. And I will be taking questions now from some very distinguished people.

Thank you all very much. (Applause.)

MR. BRENDE: Thank you. Thank you very much, Mr. President, for that very powerful speech, and I think you could hear the applause all the way from Davos to the White House. But next year, it will be even better, because then you can get the applause here in Davos. So, we wish you welcome to our village next year. We hope to see you.

THE PRESIDENT: Thank you very much.

MR. BRENDE: So, we also know, Mr. President, that you open up for interaction here. We have a great panel with some of the most distinguished businesspeople in the world.

Let me start with someone that you know really well, that I think is almost a neighbor of you in Mal-a- — in — in Florida, Mr. Steve Schwarzman, chairman, CEO, and cofounder of Blackstone Group.

So, Steve, floor is yours.

MR. SCHWARZMAN: Well, Mr. President —

THE PRESIDENT: Hello, Steve.

MR. SCHWARZMAN: — I’m sure the crown prince of Saudi Arabia will be really glad you gave this speech today. (Laughter.)

THE PRESIDENT: I hope so.

MR. SCHWARZMAN: You’ve had the busiest four days that anybody can imagine, and congratulations for that.

And my question is — is about some of the things I’ve observed here at Davos. It’s a terrific forum. I’ve met lots of people, as usual. I think I’ve been here 30 years. And a lot of the European businesspeople have expressed enormous frustration with the regulatory regime in the EU, and they attribute slower growth rates here because of numerous factors, but especially because of regulations.

And you’ve taken a completely different approach in this area. And if you could explain the theory of what you’re doing, how you’re going to do it, and what you expect the outcome to be, I’d appreciate it.

THE PRESIDENT: Well, thank you very much. And congratulations, Steve — you’re a friend of mine — but on a great career. You have had an amazing career and continues. So, I just want to congratulate you. Very inspirational to a lot of people.

I want to talk about the EU, because you mentioned specifically that I’ve also had a lot of friends and leaders of countries. I’ve gotten to know them all my first term and a little bit during this period of four years and know them well, like them a lot, but they’re very frustrated because of the time everything seems to take to get approved — environmental impact statements for things that you shouldn’t even have to do that, and many, many other ways that it takes.

And I’m going to give you a quick little example. I w- — in the private life, my beautiful private life — before I had all these things happening — the world is a little different — I had a nice, simple life. You knew that.

But when I had that simple life, I did projects, and I had a big project in Ireland, and it had to get approval on something that would have made it even better. And I got the approval from Ireland in a period of a week, and it was a very, very, very efficient, good approval.

And they informed me, though, “The problem is you’re going to have to get it from the EU, and we think that’ll take five to six years.” And I said, “You have to be kidding.” And this was before politics. And I said, “Wait a minute. It’s not that important. I don’t want to go five or six years.” But it would have been a big investment. It would have been nice, and it would have been good for the project.

And I sent the people to the EU to see if they could speed it up, and basically it was a five- or six-year wait just to get a simple approval that Ireland gave me in a period of, literally, not much more than a week.

And I realized right then — that was the first time I really was involved with the EU, but I realized right then, that’s a problem, and I didn’t even bother applying to do it, and — or if I did, I pulled it very quickly. I don’t wa- — I have to be very accurate, because I don’t want to be criticized. “He did apply, actually.” No, I want to be very accurate. So, I don’t think I did, but if I did, I pulled it very quickly. It was just something you — you couldn’t wait five years or six years to get an approval.

So, a lot of — in a very big business sense, a lot of people are — are claiming that’s the problem.

From the standpoint of America, the EU treats us very, very unfairly, very badly. They have a large tax that we know about and — a VAT tax — and it’s a very substantial one. They don’t take our far- — essentially, don’t take our farm products and they don’t take our cars. Yet, they send cars to us by the millions.

They put tariffs on things that we want to do, like, for instance, I think they actually — in terms of these are noneconomic or nonmonetary tariffs, and — and those are very bad, and they make it very difficult to bring products into Europe, and yet they expect to be selling and they do sell their products in the United States.

So, we have, you know, hundreds of billions of dollars of deficits with the EU, and nobody is happy with it. And we’re going to do something about it, but nobody is happy with it. So, I think the EU has to speed up their process.

Friends of mine that are in some of the nations within the EU, great people, they — they want to be able to compete better, and you can’t compete when you can’t get — go through the approval process fast. There’s no reason why it can’t go faster.

So, you know, I’m — I’m trying to be constructive, because I love Europe. I love the countries of Europe. But the process is a very cumbersome one, and th- — and they do treat the United States of America very, very unfairly with the VAT taxes and all of the other taxes they impose.

One other — just to finish up, I got a call from the head of a major airline, one of the biggest airlines in the world. And he said, “Sir, could you help us?” “What?” “Landing in Europe is brutal. They charge us fees for everything, and it’s so unfair.” I said, “How does it compare to China?” He said, “It’s — it’s much worse.”

And the other thing, as you know, they took court cases with Apple, and they supposedly won a case that most people didn’t think was much of a case. They won $15 or $16 billion from Apple. They won billions from Google. I think they’re after Facebook for billions and billions.

These are American companies. Whether you like them or not, they’re — they’re American companies, and they shouldn’t be doing that. And that’s — as far as I’m concerned, it’s a form of taxation.

So, we have some very big complaints with the EU.

Thank you.

MR. BRENDE: Tha- — thank you very much, Mr. President. We’ll now go to one of your friends in the EU, Patrick Pouyanné. He’s the chairman and CEO of TotalEnergies.

I guess you have a question ready, Patrick, for the president.

MR. POUYANNÉ: Mr. President, as we understand, energy is at the top of your agenda, and it’s an honor for me to represent the energy industry tonight in this panel. TotalEnergies is indeed the fourth largest oil and gas and electricity company in the world.

I will not ask you a question about the oil price. It’s quite clear what you expect from us. I will more go to gas more. And we, our company, is the largest, number one exporter LNG from the U.S. company. We are a strong contributor to and we invest in mammoth LNG projects in Texas, $20 billion. It’s far from $200, but it’s $20 billion. And we contribute with that to security of supply to Europe as we export this LNG to Europe.

Some experts fear that if there are too many projects developed in the U.S. on LNG, this could have an inflat- — inflationary impact on the U.S. domestic gas price, and they recommend a pause on these projects.

I would ask you the following question: What are your views on — about such a pause on investments on LNG in the U.S.? What would happen if you would observe an increased domestic gas price because of these exports? And final question, which is important for Europe: Would you agree to guarantee security of supplies of U.S. LNG to Europe?

THE PRESIDENT: Well, on the last part of your question, yes, I would. I would make sure that you get it. If we make a deal, we make a deal; you’ll get it. Because a lot of people do have that problem. They make a deal, and then it can’t get supplied because of war-type problems and other problems. So, we would absolutely do that.

LNG is very interesting, because when I took office for the first term, one of the first things I looked at was two — there were two very massive plants in Louisiana, a state that has been very good to me. I won it by many, many points, and

I felt strongly indebted to it, actually.

And they said there are two plants that have been under environmental consideration for more than 10 years, and they were costing — as you say, you know how expensive those plants are — but they were costing like $12 billion and, I think, $14 or $15 billion. But they couldn’t get their permits. It was — they were in review for years — many, many years — like a decade or more.

And I said, “So ridiculous.” I know so much about that, because in the construction industry, I had to go through it too, but I got good at it after a while.

But I — I went — I saw the projects, and you’re talking about a total investment of $25 to $30 billion, and it looked like it was going to end. They couldn’t get their permits, and I got them done in less than a week. It was done, completed.

In fact, when they called them to announce that it was done, the countries — largely countries — Japan was involved and — and another country and some very big investors — they couldn’t believe it. They actually couldn’t believe it.

And I said, “Just do yourself one favor. Don’t pay any consultants, because the only one that got it done was me.” I got it done because it was the right thing to do for the U.S. and for the world, but the consultants had nothing to do with it, you know? The consultants go in and they say, “Give us millions of dollars because Trump did it.” Nobody called me about it. I just heard it was a problem for years, and I got it done because it was the right thing to do for the U.S. and the right thing to do for beyond. It had to do with energy — very important.

So, I think it’s very important. I think the — the — you know, I disagree with one. I think the more that you do, the lower the price is going to go. And what I’d like to see is rapid approvals.

We’re going to give very rapid approvals in the United States, like with the AI plants, talking to — many people want to build them. That’s going to be a very big thing.

We’re going to build electric generating facilities — they are going to build. I’m going to get them the approval. Under emergency declaration, I can get the approvals done myself without having to go through years of waiting.

And the big problem is we need double the energy we currently have in the United States — can you imagine? — for AI to really be as big as we want to have it. Because it’s a very competitive — it will be very competitive with China and others.

So, I’m going to give emergency declarations so that they can start building them almost immediately.

And I’m — I’m — I think it was largely my idea, because nobody thought this was possible. It wasn’t that they were not smart, because they’re the smartest, but I told them that what I want you to do is build your electric generating plant right next to your plant as a separate building, connected. And they said, “Wow, you’re kidding.” And I said, “No, no. I’m not kidding.” You don’t have to hook into the grid, which is old and, you know, could be taken out. If it’s taken out, they wouldn’t have any way to get any electricity.

So, we are going to allow them to go on a very rapid bas- — basis to build their plant — build the electric generating plant. They can fuel it with anything they want, and they may have coal as a backup. Good, clean coal.

You know, if there were a problem with a — with a pipe coming in — as an example, you’re going with gas — oil or gas — and a pipe gets blown up or, for some reason, doesn’t work, there are some companies in the U.S. that have coal sitting right by the plant so that if there’s an emergency, they can go to that short-term basis and use our very clean coal.

So, that’s something else that a lot of people didn’t even know about. But nothing can destroy coal — not the weather, not a bomb — nothing. It might make it a little smaller, might make it a little different shape. But coal is very strong as a backup. It’s a great backup to have that facility, and it wouldn’t cost much more — more money.

And we have more coal than anybody. We also have more oil and gas than anybody.

So, we’re going to make it so that the plants will have their own electric generating facilities attached right to their plant. They don’t have to worry about a utility. They don’t have to worry about anything. And we’re going to get very rapid approvals.

MR. BRENDE: Thank you. Thank you so much, Mr. President. We’ll now go to another CEO that you know very well: Brian Moynihan, the CEO and chair of Bank of America.

MR. MOYNIHAN: Good afternoon, Mr. President, and congratulations — an obviously eventful week for you and your family.

If you remember, five years ago, you came here and we walked among 150 CEOs from all over the world, and you engaged with them about your policies and your procedures.

This year, you’re not here. And yet this week was eventful, from the orders that you mentioned earlier — literally a wave of orders coming out on immigration, on trade, and many other matters.

And so, as a representative of the United States here,

we got a lot of questions about what does all this mean and how would the president square this with his clear focus on growth, prosperity, market gro- — stock market growth, a good bond market, and bringing down prices.

So, how do you think about the impact of all these orders and how fast they come out and how you’re going to balance them with that scorecard of being successful on both contan- — continuing GDP growth, bringing down inflation, and also having a good stock price appreciation for the American citizen?

THE PRESIDENT: Well, I think it’s going to actually bring down inflation. It’s going to bring up jobs. We’re going to have a lot of jobs. We’re going to have a lot of companies moving in.

You know, Brian, we’re at 21 percent. It was at 40 percent, and I got it down to 21 percent — the corporate tax. And it was — actually, if you look at state and city, it was, in many cases, much higher than 40 percent. I got it down to 21 percent. And now we’re going to bring it down from 21 to 15 percent if — this is a big “if” — if you make your product in the U.S.

So, we’re going to have the lowest — just about the lowest rate. It will be — the 21 is on the low side worldwide; the 15 is about as low as it gets, and by far the lowest of a large country — a large, you know, rich, powerful country — by far, not even a contest.

So, we’re going to bring it down to 15 percent if you make your product in the USA. So, that’s going to create a — a tremendous buzz.

We’re also probably going back to the one-year deduction, where we deduct — you know, we — we did that originally, and that was amazing what — the impact that that had, the one-year deduction, which built up over a period of time and then it expires. But we’re going to go back to that when we do the renewal of the Trump tax plan.

We have to get Democrats to approve it. But, you know, if the Democrats didn’t approve it, I don’t know how they can survive with about a 45 percent tax increase, because that’s what it would be. And so, I think they’re going to b- — w- — we’ve been working along with them pretty well.

I think it’s very hard for a political group to say, “Let’s charge people 45 percent more.” So, I think we’re in good shape.

But we’re actually doing a reduction for business and small businesses, where you’re going to b- — bring it down to 15 percent, which is really something.

And, by the way, speaking of you — and you’ve done a fantastic job — but I hope you start opening your bank to conservatives, because many conservatives complain that the banks are not allowing them to do business within the bank, and that included a place called Bank of America. This conserve- — they don’t take conservative business. And I don’t know if the regulators mandated that because of Biden or what, but you and Jamie and everybody, I hope you’re going to open your banks to conservatives, because what you’re doing is wrong.

MR. MOYNIHAN: Mr. President —

MR. BRENDE: (Inaudible.)

MR. MOYNIHAN: — I’ll say that your friend Gianni was — said hello — told me tell you hello, and we look forward to sponsoring the World Cup when it comes, both this summer for the club and next year. So, thank you for getting that for the United States.

THE PRESIDENT: Thank you very much, Brian.

MR. BRENDE: Thank you, Mr. President. We’ll now go to Ana Botín. She’s the executive chairman of Banco Santander, one of the big European banks and also in the U.S.

So, Ana.

MS. BOTÍN: Mr. President, congratulations on a historic victory.

THE PRESIDENT: Thank you.

MS. BOTÍN: I believe you don’t know me as well as my fellow panelists, so a few words. Santander is one of the largest banks in the world by number of customers, 170 million. That’s more than my friend Brian or my friend Jamie have. (Laughter.)

THE PRESIDENT: Wow.

MS. BOTÍN: And those — (applause) —

MR. MOYNIHAN: If they fix the regulation (inaudible).

MS. BOTÍN: That’s coming. That’s coming.

MR. BRENDE: That was cheeky. (Laughter.)

MS. BOTÍN: We are — we are a big investor in the United States. We have many million customer, 12,000 employees. We’re one of the largest auto lenders, and we recently launched a fully digital bank called Openbank.

We strongly believe banks have a pivotal role in the economy, and we can accelerate growth and help many more customers. That’s what we do in the United States. So, as Brian pointed out, we very much welcome your focus on deregulation and reducing bureaucracy.

So, my question is: What are your priorities in this regard, and how fast is this going to happen? Thank you very much.

THE PRESIDENT: Well, I think it’s going to — thank you and congratulations. I know very much about your bank, and you’ve done a fantastic job. Congratulations.

We are going to move very quickly. We’ve moved very quickly. We’ve done things in the last three days that nobody thought were possible to do in years. And it’s all taken — it’s all taken effect. It’s going to have a huge impact on the economy, a huge positive impact. Money was being wasted on crazy things.

I mean, the Green New Deal was such a total disgrace — what — what — how that was perpetrated. And it was conceived of by people that were average students — less than average students, I might add — and never even took a course in energy or the environment. It was just a game. Remember, the world was going to end in 12 years? Remember that? Well, the 12 years has come and gone. It was going to end. It was going to all foam into earth. But, you know, the time has come.

The — these people — and they — they really — they really scared the Democrats large- — I can’t say the Republicans. Republicans maybe could have fought harder to stop it, but it’s been a tremendous waste of — a tremendous waste of money.

You know, during my four years, we had the cleanest air, we had the cleanest water, and yet we had the most productive economy in the history of our country. We had the most productive economy. Until COVID came, we had the most productive in the history of our country, by far.

And — and actually, you could look worldwide, we — we’re — we were beating everybody from China to everybody else. So — and we think we really — now, with what we have learned and all of the other things that have taken place, we think we can even far surpass that — a- — actually, far, far surpass it. But we do — one thing we’re going to be demanding is we’re going to — be demanding respect from other nations.

Canada. We have a tremendous deficit with Canada. We’re not going to have that anymore. We can’t do it. It’s — it’s — I don’t know if it’s good for them. As you probably know, I say, “You can always become a state, and if you’re a state, we won’t have a deficit. We won’t have to tariff you, et cetera, et cetera.”

But Canada has been very tough to deal with over the years, and it’s not fair that we should have a $200 billion or $250 billion deficit. We don’t need them to make our cars, and they make a lot of them. We don’t need their lumber because we have our own forests, et cetera, et cetera. We don’t need their oil and gas. We have our — we have more than anybody.

So, you know, just as an example, with Mexico — we’re dealing with Mexico, I think, very well. And we’re just — you know, w- — we just want to be treated fairly with other nations, because there’s hardly a nation in the world — and I blame this on us, and I blame it on politicians that for some reason — and probably mostly it’s stupidity, but you could also say other reasons, but mostly stupidity — they’ve allowed other nations to take advantage of the U.S. And w- — we can’t allow that to happen anymore.

You know, we have debt. It’s a very small debt when you compare it to value — the value of the assets that we have, but we don’t want to do that. We want to just have debt be obliterated, and we’ll be able to do that fairly rapidly. And a lot of good things are going to happen.

And — and honestly, good things are going to happen for the world, and good things are going to happen for the people that are dealing with us — allies and beyond allies.

One thing — very important — I really would like to be able to meet with President Putin soon and get that war end — ended, and — and that’s not from the standpoint of economy or anything else. It’s from the standpoint of millions of lives are being wasted. Beautiful, young people are being shot in the battlefield. You know, the bullet — a very flat land, as I said, and the bullet goes — there’s no — there’s no hiding. And a bullet — the only thing going to stop the bullet is a human body. And you have to see — I’ve seen pictures of what’s taken place. It’s a carnage.

And we really have to stop that war. That war is horrible. And I’m not talking economy, I’m not talking economics, I’m not talking about natural resource. I’m just talking about: There’s so many young people being killed in this war, and that’s not including the people that have been killed as the cities are being, you know, knocked down building by building. So, we really should get that stopped.

Likewise, in the Middle East, I think we’ve made a lot of progress in the Middle East, and I think that’s going to — that’s going to come along pretty well.

Thank you very much.

MR. BRENDE: Thank you, Mr. President. We know that most consequential relationship in the world is between the U.S. and China. U.S., 28 percent of the global economy; China close to 20. That’s almost half of the global GDP.

And we know that you called President Xi Jinping last Friday. We heard that you had a good discussion.

How do you see the relationship between the U.S. and China in the next four years under your leadership?

THE PRESIDENT: He called me. But I see it very good. I think that we’re going to have a very good relationship. All we want is fairness. We just want a level playing field. We don’t want to take advantage. We’ve been having massive deficits with China. Biden allowed it to get out of hand. He’s — $1.1 trillion deficit. It’s ridiculous, and it’s just an unfair relationship.

And we have to make it just fair. We don’t have to make it phenomenal. We have to make it a fair relationship. Right now, it’s not a fair relationship. The deficit is massive, as it is with other countries — a lot of Asian countries, actually. But we have deficits that are very big, and we can’t keep doing that, so we’re not going to keep doing that.

But I like President Xi very much. I’ve always liked him. We always had a very good relationship. It was very strained with COVID coming out of Wuhan. Obviously, that strained it. I’m sure it strained it with a lot of people, but that strained our relationship. But we always had a great relationship, I would say, and we look forward to doing very well with China and getting along with China.

Hopefully, China can help us stop the war with, in particular, Russia-Ukraine. And they have a great deal of power over that situation, and we’ll work with them.

And I mentioned that with — during our phone conversation with President Xi, and hopefully we could work together and get that stopped.

We’d like to see denuclearization. In fact, with President Putin, prior to a — an election result, which was, frankly, ridiculous, we were talking about denuclearization of our two countries, and China would have come along. China has a — a much smaller, right now, nuclear armament than us or field than us, but they’re — they’re going to be catching it at some point over the next four or five years.

And I will tell you that President Putin really liked the idea of — of cutting way back on nuclear. And I think the rest of the world, we would have gotten them to follow. And China would have come along too. China also liked it.

Tremendous amounts of money are being spent on nuclear, and the destructive capability is something that we don’t even want to talk about today, because you don’t want to hear it. It’s too depressing.

So, we want to see if we can denuclearize, and I think that’s very possible. And I can tell you that President Putin wanted to do it. He and I wanted to do it. We had a good conversation with China. They would have been involved, and that would have been an unbelievable thing for the planet.

And I hope —

MR. BRENDE: Mr. President, when you’re —

THE PRESIDENT: — it can be started up again.

MR. BRENDE: — back here in Davos next year, will — will there be then a peace agreement with — with Ukraine and Russia by then?

THE PRESIDENT: Well, you’re going to have to ask Russia. Ukraine is ready to — to make a deal.

Just so you understand, this is a war that should have never started. If I were president, it would never have started. This is a war that should have never, ever been started. And — and it wasn’t started during my — there was never even talk about it. I knew that it was the apple of President Putin’s eye, but I also knew that there was no way he was going in, and he wasn’t going to go in.

And then, when I was out, bad things happened, bad things were said, a lot of stupidity all around, and you end up with what you have. Now you have all these bombed-out cities — they look like demolition sites — with many people killed.

I think the — the thing that you’ll see about Ukraine is that far — far more people have died than is being reported. And I’ve seen that. But far, far more people have died.

When you look at a city that’s become a demolition site, where big buildings have been collapsed by missiles hitting them and everything else, and they say, “One person was slightly injured.” No, no, many people were killed. Those are big buildings. I was surprised at how — that was my business. These are buildings that go two and three blocks long. They’re 20 stories high. They’re big, powerful buildings. Then they were knocked down, and there were a lot of people in those buildings. They had announced that two people were injured. That’s not true. So, I think you’re going to find that there were many more people killed in Ukraine and the Ukraine war than anybody has any idea.

But if you look now, so many of the — the people being killed are soldiers just facing each other with guns, rifles, and drones — the new form of warfare — drones. And it’s a very sad thing to see.

And when you see pictures of the fields that I see, nobody wants to see it. You’ll never be the same.

MR. BRENDE: Thank you very much, Mr. President. On behalf of all the 3,000 participants here in Davos, we really, really underline that joining us, the third day in your presidency, live, taking questions here, it’s so appreciated. And we are already ready for receiving you next year in person.

So, thank you very much, and all the best from Davos. (Applause.)

THE PRESIDENT: Thank you. Thank you very much. Thank you. (Applause.)

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Britain’s New Deputy Prime Minister Branded MAGA a ‘Cult of White Supremacists.’

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WHAT HAPPENED: Britain’s Prime Minister Sir Keir Starmer has appointed David Lammy, the now-former Foreign Secretary, as Deputy Prime Minister. Lammy, who attended university with Barack Obama, has a virulently anti-Trump and anti-MAGA background.

👤WHO WAS INVOLVED: Deputy Prime Minister David Lammy, President Donald J. Trump, and the Make America Great Again (MAGA) movement.

📍WHEN & WHERE: September 5, 2025, in the United Kingdom.

💬KEY QUOTE: “You’re going to struggle to find any politician who has not had things to say about Donald Trump in his first term, particularly on Twitter.” – David Lammy

🎯IMPACT: Lammy’s remarks could potentially affect the “special relationship” between Britain and the United States.

IN FULL

Prime Minister Sir Keir Starmer has appointed David Lammy, Britain’s now-former Foreign Secretary, as Deputy Prime Minister, replacing the scandal-hit Angela Rayner. Despite attempting to build bridges with Vice President J.D. Vance as Foreign Secretary, Lammy is known to be virulently anti-Trump, previously describing the America First leader as a “neo-Nazi sympathizing sociopath” and the broader MAGA movement as a “cult of white supremacists.”

Lammy defended these comments shortly after becoming Foreign Secretary, suggesting “You’re going to struggle to find any politician who has not had things to say about Donald Trump in his first term, particularly on Twitter.”

The black identitarian politician went far further than most of President Trump’s critics, however, not only calling him a “racist KKK and Nazi sympathizer” and branding him a tyrant, but even arguing the British government should “be putting [him] on a watch list and barring him from entry to our country” and asking the Federal Bureau of Investigation (FBI) to investigate him for “inciting hatred” on social media.

The Trump administration has been able to work constructively with Britain’s Labour government up to now, with the President striking a first-of-its-kind British-American trade deal with Starmer earlier this year. Still, relations have been fraying over Britain’s increasingly draconian censorship regime.

A recent U.S. State Department human rights report warned of “credible reports of serious restrictions on freedom of expression,” and Vice President J.D. Vance personally spoke out against the country’s “crisis of censorship” at the annual Munich Security Conference in Germany.

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Trump Deploys F-35s to Puerto Rico in Crackdown on Drug Traffickers.

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WHAT HAPPENED: President Donald J. Trump has ordered the deployment of ten F-35 fighter jets to Puerto Rico to target drug cartels in the Caribbean.

👤WHO WAS INVOLVED: President Trump, Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, and Venezuelan President Nicolás Maduro.

📍WHEN & WHERE: The deployment was reported on Friday, with jets expected to arrive in Puerto Rico next week.

💬KEY QUOTE: “What will stop [the traffickers] is when you blow them up. Instead of interdicting it, on the President’s orders, we blew it up. And it’ll happen again. Maybe it’s happening right now.” – Marco Rubio

🎯IMPACT: The escalation signals a robust U.S. military campaign against drug trafficking in the region, raising tensions with Venezuela.

IN FULL

President Donald J. Trump has ordered the deployment of ten F-35 fighter jets to Puerto Rico as part of a broader campaign against drug cartels operating in the Caribbean. The move comes after an American strike on Tuesday destroyed a boat carrying 11 drug traffickers linked to Venezuela’s Tren de Aragua crime syndicate.

Secretary of State Marco Rubio, speaking in Mexico City, defended the aggressive approach, stating, “What will stop them is when you blow them up. Instead of interdicting [the vessel], on the President’s orders, we blew it up. And it’ll happen again. Maybe it’s happening right now.”

The Pentagon reported on Thursday that two Venezuelan military planes flew close to a U.S. warship in international waters, labeling the act “a highly provocative move.” The Department of Defense strongly advised Venezuela’s regime not to interfere with U.S. counter-narcotics operations. Venezuelan President Nicolás Maduro, however, accused the U.S. of seeking regime change and pledged to strengthen his military forces.

Defense Secretary Pete Hegseth, addressing the legal justification for the recent strike, stated, “We have the absolute authority and complete authority to conduct [strikes],” adding, “I’d say we smoked a drug boat, and there’s 11 narco-terrorists at the bottom of the ocean.”

Notably, President Trump designated Tren de Aragua and various other transnational cartels and gangs as Foreign Terrorist Organizations (FTOs) shortly after he resumed office in January.

The U.S. has been increasing its military presence in the Caribbean for weeks, with at least eight warships and additional assets deployed.

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Trump to Sign Executive Order Penalizing Nations Detaining Americans.

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WHAT HAPPENED: The Trump administration is preparing an executive order to designate state sponsors of wrongful detention, aiming to punish nations that detain Americans illegally or use them as leverage.

👤WHO WAS INVOLVED: President Donald J. Trump, Russia, Iran, North Korea, Americans detained abroad, and Sarah Levinson, daughter of Robert Levinson.

📍WHEN & WHERE: The order is expected as early as Friday. It follows years of wrongful detentions across nations such as Iran, Russia, and Venezuela.

💬KEY QUOTE: “We have watched in horror as the practice of taking American citizens hostage as political leverage has not only escalated but run rampant by the acts of many rogue nations.” — Sarah Levinson

🎯IMPACT: The order aims to curb wrongful detentions, deter travel to high-risk nations, and signal strong penalties for countries engaging in such practices.

IN FULL

President Donald J. Trump is set to enact an Executive Order, as soon as Friday, creating a new designation for countries that wrongfully detain Americans. The measure would allow the U.S. to penalize countries that detain U.S. nationals or use them as leverage.

The new designation is expected to be similar to the current state sponsors of terrorism designation used by the U.S. Department of State. The Executive Order will allow the imposition of penalties and potentially restrict travel to nations involved in wrongful detentions. Notably, a Foley Foundation study reveals that at least 54 Americans were wrongfully detained in 17 countries under former President Joe Biden in 2024.

Currently, the State Department publishes a “Do Not Travel” list—numbering 21 nations—including Iran, Russia, and North Korea. These countries all have a history of wrongfully detaining Americans. During President Trump’s first term, the America First leader signed into law the Robert Levinson Act, which allows the State Department to assess wrongful detentions based on judicial fairness, credible evidence, or political motives.

Robert Levinson, a retired Federal Bureau of Investigation (FBI) agent, was held in Iran from 2007 until his reported death in 2020. His daughter, Sarah Levinson, thanked President Trump and others for their efforts, stating, “Our father, Robert Levinson, was wrongfully detained by the Iranian government and ultimately died in Iranian custody after years in captivity. This must never happen again.”

The push for the executive order follows recent high-profile cases, including the detention of journalist Evan Gershkovich and Marine veteran Paul Whelan by Russia, as well as other U.S. citizens in Venezuela and Iran.

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Oversight Committee Rips Ex-Biden Aide in Autopen Probe.

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WHAT HAPPENED: The House Oversight Committee criticized former Biden spokesman Andrew Bates over his opening remarks during an investigation into the usage of autopen for executive decisions under former President Joe Biden.

👤WHO WAS INVOLVED: Andrew Bates, the House Oversight Committee, and Chairman James Comer (R-KY).

📍WHEN & WHERE: Friday, September 5, 2025, on Capitol Hill in Washington, D.C.

💬KEY QUOTE: “Andrew Bates was part of the Biden cognitive decline cover-up, and he’s delusional,” an Oversight Committee spokesman stated.

🎯IMPACT: The investigation into President Biden’s cognitive state and the alleged use of autopen for clemency orders is raising questions about executive decision-making and transparency.

IN FULL

The House Oversight Committee is blasting Andrew Bates, a former Biden spokesman, over his remarks during a probe into the use of an autopen for executive actions under former President Joe Biden. Bates, who recently participated in an interview with House investigators, deflected questions regarding Biden’s cognitive state, instead using his opening statement to attack the investigation and President Donald J. Trump’s policies.

“Andrew Bates was part of the Biden cognitive decline cover-up, and he’s delusional,” an Oversight Committee spokesman said in response to Bates’s leaked opening statement. The spokesman added that Bates’s remarks “peddled the same fantasy he’s been trying to sell the American people,” noting that the public witnessed President Biden’s cognitive decline firsthand.

In his statement, Bates expressed pride in supporting Biden as President, claiming it was “universally understood that Joe Biden was in charge” during his time in the White House.

The House Oversight Committee, led by Chairman James Comer (R-KY), is investigating whether senior White House aides covered up signs of President Biden’s mental decline and whether executive decisions were signed off on via autopen without Biden’s full awareness. The investigation is particularly focused on clemency orders signed in the latter half of Biden’s term.

Biden allies have dismissed the probe as politically motivated, while the Oversight Committee maintains that the investigation is uncovering significant transparency and governance issues.

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Pirro Charges Two Teens with Murder in Shooting Death of Congressional Intern.

PULSE POINTS

WHAT HAPPENED: Two teenagers have been charged with first-degree murder and will be tried as adults for the killing of a congressional intern, with a third suspect still at large.

👤WHO WAS INVOLVED: D.C. United States Attorney Jeanine Pirro, Eric Tarpinian-Jachym, a 21-year-old intern for Rep. Ron Estes (R-Kan.), and two teenage suspects charged in the case.

📍WHEN & WHERE: The incident occurred on June 30, 2025, about a mile northeast of the White House in Washington, D.C.

💬KEY QUOTE: “Eric didn’t deserve to be gunned down, and the system failed him — the system that felt that juveniles needed to be coddled.” – Jeanine Pirro

🎯IMPACT: The case highlights concerns over juvenile crime in the nation’s capital and calls for tougher accountability measures.

IN FULL

Jeanine Pirro, the United States Attorney for the District of Columbia, has announced first-degree murder charges for two teenagers arrested in the shooting death of a congressional intern in June. According to Pirro, the teenage suspects will be tried as adults. A third suspect remains at large.

Eric Tarpinian-Jachym, 21, was shot and killed on June 30 in a drive-by shooting about a mile northeast of the White House. Authorities have stated he was not the intended target of the attack. Tarpinian-Jachym and a female victim were both hit by bullets when three teenagers opened fire on two other teens believed to be riding bicycles.

“Eric didn’t deserve to be gunned down, and the system failed him—the system that felt that juveniles needed to be coddled,” Pirro stated. “It’s bad… to be gunned down on any street, but to be gunned down in our nation’s capital is an outrage.”

Tarpinian-Jachym was a rising senior at the University of Massachusetts Amherst in the Isenberg School of Management and was working as an intern for Rep. Ron Estes (R-KS) at the time of his death. Following the deadly shooting and several other violent incidents, President Donald J. Trump moved to federalize the Washington, D.C. Metropolitan Police Department (MPD) and deployed National Guard units in an effort to restore public order. Subsequently, the city has experienced a meteoric decline in both violent and petty crime.

Pirro criticized local policies, saying, “The D.C. Council thinks that these kids need to be protected. They don’t need to be protected. They need to be made accountable, and we need to be protected… This killing underscores why we need the authority to prosecute these younger kids, because they’re not kids, they’re criminals.”

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Former State Dept Official Gets Four Years for Spying for China.

PULSE POINTS

WHAT HAPPENED: A State Department employee was sentenced to four years in prison for selling national defense secrets to people he believed were working for the Chinese Communist Party (CCP).

👤WHO WAS INVOLVED: Michael Charles Schena, 42, of Alexandria, Virginia, and people he believed to be Chinese government agents.

📍WHEN & WHERE: Schena’s espionage activity began in April 2022, culminating in his arrest in February 2025. Key incidents occurred in the United States and during a meeting in Peru.

💬KEY QUOTE: “The defendant threw away his career, betrayed his country, and abused the trust the United States placed in him by granting his Top-Secret security clearance.” – Assistant Attorney General for National Security John A. Eisenberg

🎯IMPACT: The case highlights the dangers of insider threats and serves as a warning to those who might consider betraying their country for personal gain.

IN FULL

A State Department employee, Michael Charles Schena, 42, of Alexandria, Virginia, has been sentenced to four years in prison for conspiring to collect and transmit national defense information to individuals he believed to be working for the Chinese government, according to the Department of Justice (DOJ). Schena began his espionage activities in April 2022, communicating with people he met online who claimed to be employees of international consulting companies.

Despite clear indications that these people were working on behalf of the Chinese government, Schena continued to provide them with sensitive government information in exchange for money. In August 2024, Schena met with one of these individuals at a hotel in Peru, where he was given $10,000 and a cellphone to facilitate further exchanges.

Using this cellphone, Schena took photographs of classified documents marked as SECRET while at work and transmitted at least four of these documents in October 2024. In February, he used the phone again to photograph seven additional classified documents, an act that was captured by surveillance video.

Before Schena could transmit the latest photographs, Federal Bureau of Investigation (FBI) agents seized the cellphone and arrested him. The DOJ said that Schena’s actions represented a significant betrayal of trust and a violation of his Top-Secret security clearance.

Assistant Attorney General for National Security John A. Eisenberg stated, “The defendant threw away his career, betrayed his country, and abused the trust the United States placed in him by granting his Top-Secret security clearance. He will spend years of his life in prison for passing classified information to individuals he believed to be Chinese government agents. Today’s sentence serves as a warning to those who would violate the trust placed in them by our Nation and double-cross the American people.”

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Top Conservative News Site Blocked on UK Trains for Being ‘Contentious.’

PULSE POINTS

WHAT HAPPENED: Top conservative news site Citizen Free Press has been blocked on British train Wi-Fi networks after being labeled “contentious.”

👤WHO WAS INVOLVED: Citizen Free Press, Virgin Wi-Fi, The National Pulse Editor-in-Chief Raheem Kassam, British commuters, and British Prime Minister Sir Keir Starmer.

📍WHEN & WHERE: September 2025, on British trains.

💬KEY QUOTE: “I’m on a train in England and can’t access [Citizen Free Press] because it’s blocked for being ‘contentious.'” – Raheem Kassam

🎯IMPACT: The incident has sparked criticism of the United Kingdom’s growing censorship regime, previously criticized by U.S. Vice President J.D. Vance and other senior officials in the Trump administration.

IN FULL

Top conservative news site Citizen Free Press has been blocked on public Wi-Fi networks aboard British trains. The restriction, justified by network provider Virgin Wi-Fi on grounds that the site has been branded “contentious,” was highlighted by Raheem Kassam, Editor-in-Chief at The National Pulse.

Kassam shared his experience on X (formerly Twitter), posting a screenshot of the restriction notice he encountered while travelling in England, where he is covering the annual party conference for Nigel Farage’s Reform Party. “I’m on a train in England and can’t access [Citizen Free Press] because it’s blocked for being ‘contentious,'” Kassam reported.

The incident has fueled further debate about the erosion of free speech in Britain under Prime Minister Sir Keir Starmer’s Labour Party. While people have long been subject to arrest for so-called “grossly offensive” communications in Britain, speech restrictions have tightened since Starmer entered office in mid-2024, particularly following the wave of anti-immigration protests that followed the mass murder of multiple young girls by a migration-background teenager in Southport, England.

Last August, England’s chief prosecutor warned that the “offense of incitement to racial hatred involves publishing or distributing material which is insulting or abusive, which is intended to or likely to stir up racial hatred,” and, “If you retweet that, you’re republishing it, and potentially, you’re committing that offense.“

He added that “dedicated police officers” were “scouring social media,” looking to identify the people behind such posts and reposts and arrest them.

In one high-profile recent incident, Irish comedy writer Graham Linehan was arrested by a team of armed police officers on landing at London’s Heathrow Airport from Arizona, for posts on X critical of transgenderism and transgender activists.

Notably, Starmer has overseen the implementation of Britain’s new Online Safety Act—initially championed by the formerly governing Conservative Party—that mandates platforms and service providers to filter supposedly harmful content. Overseen by government regulator Ofcom, it has been framed as protecting Internet users, particularly children, from harmful content such as child pornography. However, the legislation is so broad that it has already been used to censor mere opinions, including video of speeches in Parliament discussing the Muslim rape gangs scandal.

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UK Deputy PM Resigns Amid Tax Scandal.

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WHAT HAPPENED: British Deputy Prime Minister Angela Rayner resigned after an investigation into her tax affairs revealed she misrepresented her primary residence.

👤WHO WAS INVOLVED: Angela Rayner, Prime Minister Sir Keir Starmer, Reform Party leader Nigel Farage.

📍WHEN & WHERE: The resignation followed an investigation earlier this week concerning her $1 million residence in Hove, East Sussex.

💬KEY QUOTE: “You simply can’t get away from being the Housing Secretary and avoiding £40,000 of stamp duty.” Nigel Farage.

🎯IMPACT: The resignation has sparked criticism of her conveyancing firm, Verrico & Associates, which claimed they acted in “good faith” but were being made “scapegoats.”

IN FULL

Angela Rayner has officially resigned from her role as British Deputy Prime Minister and Housing Secretary after a probe into her tax affairs revealed irregularities surrounding the purchase of a $1 million property in Hove, East Sussex. The controversy stemmed from her designation of the home as her primary residence, an error that resulted in a significant underpayment of stamp duty, a British tax on property transactions.

Earlier this week, Rayner claimed she was unaware she owned another home. She did purchase a home in Manchester in 2016 with her now-former husband. However, in 2020, her son received a large payout from the socialized National Health Service (NHS) after failings in his care left him disabled, and the couple set up a trust to manage the money. Upon her divorce from her husband, 50 percent of the home was placed in the trust, with Rayner taking 25 percent.

Rayner later sold her share of the home to the trust in 2025. Despite selling her share, the property remained her primary residence for tax purposes, as her son is under 18 and cannot legally take possession of it.

Rayner voluntarily referred the matter to Sir Laurie Magnus, the independent adviser on ministerial standards. In a report submitted to Prime Minister Sir Keir Starmer, Sir Laurie concluded that Rayner’s “position in government was ‘untenable.’”

Acknowledging the mistake, Rayner stated she is cooperating with both her legal team and His Majesty’s Revenue and Customs (HMRC) to address the issue. The scandal is not the first for Rayner, who was accused of spending the equivalent of $86,000 of taxpayer money on a private photographer late last year.

Reform Party leader Nigel Farage reacted to Rayner’s resignation during his party’s conference on September 5, saying, “You simply can’t get away from being the Housing Secretary and avoiding £40,000 of stamp duty.”

The resignation could be a significant blow for Prime Minister Starmer, as Rayner was one of the few demonstrably working-class members of the Labour Party leadership. It is just the latest problem for the Prime Minister, whose government has been marred by multiple scandals. In addition to losing Rayner as Housing Secretary over not paying taxes on property, he also lost his former Anti-Corruption Minister, Tulip Siddiq, after her family was caught up in a corruption investigation.

Starmer also faces growing accusations of presiding over a rapid erosion of free speech rights and a two-tier justice system that favors minorities and disfavors Christians, white people, and critics of immigration.

Image by Parliament / Maria Unger.

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Too Late Powell: August Jobs Report Will Likely Force Rate Cut.

PULSE POINTS

WHAT HAPPENED: The Bureau of Labor Statistics (BLS) reported the addition of only 22,000 jobs in August, with significant downward revisions for prior months, likely signalling a slowing labor market.

👤WHO WAS INVOLVED: The U.S. labor market, with notable changes in employment among various demographic groups and industries.

📍WHEN & WHERE: The report was released on September 5, 2025, reflecting employment data for August 2025 across the United States.

🎯IMPACT: The data underscore a weakening labor market, leading to increasing speculation that the Federal Reserve will finally cut rates by 25bps later this month—though a 50bps cut could now be on the table.

IN FULL

The Bureau of Labor Statistics (BLS) released its employment report for August 2025, revealing a significant slowdown in job creation. Only 22,000 jobs were added, falling short of Wall Street’s expectations of 75,000. Additionally, revisions to previous months showed June’s numbers dropping to -13,000, marking the first negative print in five years.

August’s lower-than-expected job growth—along with the June negative revision—may put a 50bps cut to interest rates on the table for the Federal Reserve‘s Federal Open Market Committee (FOMC) meeting later this month. Markets appear to have already priced in a 25bps rate cut for the FOMC’s September meeting. Concerningly, lagging demand and slowing job growth suggest Federal Reserve Chairman Jerome Powell’s fixation with the possibility of renewed inflation blinded the central bank to the deflationary pressures impacting the economy.

Notably, the unemployment rate only increased slightly to 4.3 percent, with 7.384 million unemployed individuals. Among major demographic groups, unemployment rates rose for blacks (7.5 percent), whites (3.7 percent), Asians (3.6 percent), and Hispanics (5.3 percent). Labor force participation edged up to 62.3 percent, while the employment-population ratio remained steady at 59.6 percent.

Full-time employment saw a sharp decline, with 357,000 jobs lost, while part-time employment surged by 597,000, the largest increase since February. The number of native-born workers dropped by 561,000, while foreign-born workers increased by 50,000. Additionally, the number of multiple jobholders rose by 443,000, reaching 8.785 million, the highest since COVID-19 pandemic.

Hourly earnings increased by 0.3 percent month-over-month, aligning with expectations, but the annual growth rate slowed to 3.7 percent from 3.9 percent the previous month. The average workweek remained unchanged at 34.2 hours, with manufacturing seeing a slight decline in hours worked.

Industry-specific data showed gains in healthcare (+31,000) and social assistance (+16,000), while federal government employment fell by 15,000, continuing a downward trend of over 100,000 jobs cut since President Donald J. Trump enacted his Department of Government Efficiency (DOGE) cost-cutting effort earlier this year.

Mining, quarrying, and oil and gas extraction also experienced job losses (-6,000), as did wholesale trade (-12,000) and manufacturing (-12,000). Most other sectors saw little change in employment.

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‘No Go Zones’ Warning Becomes Reality as Police Roll Out Arabic Patches.

PULSE POINTS

WHAT HAPPENED: The Dearborn Heights Police Department in Michigan introduced an optional uniform patch featuring Arabic and English text.

👤WHO WAS INVOLVED: Dearborn Heights Police Department, Officer Emily Murdoch, and Rep. Randy Fine of Florida.

📍WHEN & WHERE: Dearborn Heights, Michigan, announced recently via social media.

💬KEY QUOTE: “This patch represents unity, respect, and our shared commitment to service,” the department claimed.

🎯IMPACT: The patch aims to reflect the diversity of the community, though it has sparked criticism from some public figures.

IN FULL

The Dearborn Heights Police Department in Michigan has announced an optional patch for its officers, featuring text in both Arabic and English. The patch includes the words “DEARBORN HEIGHTS” and “POLICE” written in both languages.

“The Dearborn Heights Police Department is proud to share a new optional patch that our officers may wear as part of their uniform,” the department said in a Facebook post. Officer Emily Murdoch designed the patch, allegedly to reflect the community’s diversity. The department further noted, “By incorporating Arabic script alongside English, this patch represents unity, respect, and our shared commitment to service. We are proud of Officer Murdoch’s creativity and dedication in helping our department better represent the people we serve.”

Dearborn Heights, part of the greater Detroit metropolitan area, boasts a population of around 60,000 people, with 25 percent being of Arabic extraction. The city has drawn attention in the past for its public displays of support for Hamas. Shortly after the terrorist group’s attack on Israel on October 7, 2023, the city government in Dearborn Heights—led by Mayor Abdullah Hammoud—erected two Palestinian flags flanking the city’s welcome sign. Some saw the move as an endorsement of Hamas’s action.

Notably, The National Pulse Editor-in-Chief Raheem Kassam wrote about Dearborn in No Go Zones in 2017, noting back then that it was developing into a parallel society similar to infamous Muslim-dominated localities in Europe such as Belgium’s Molenbeek and Sweden’s Malmö.

In Germany last year, police even warned Jews and homosexuals to hide their identities in neighborhoods in Berlin with large Arab populations who may be sympathetic to terrorist groups. Meanwhile, in 2023, a London borough council was forced to cancel a Hanukkah menorah lighting ceremony due to Muslim anger at the event.

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