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Category: Politics
July 7, 2025
Economy
Politics

Tesla Shares Tanked After Musk’s ‘America Party’ Announcement.

PULSE POINTS

âť“WHAT HAPPENED: Tesla’s stock price dropped seven percent after Elon Musk announced the formation of a new political party, the “America Party.”

👤WHO WAS INVOLVED: Elon Musk, President Donald J. Trump, and Tesla investors.

đź“ŤWHEN & WHERE: Announcement made over the weekend of July 4; stock slump occurred during Monday morning trading.

đź’¬KEY QUOTE: “Today, the America Party is formed to give you back your freedom.” – Elon Musk

🎯IMPACT: Tesla’s stock decline and potential investor concerns over Musk’s political involvement.

IN FULL

Tesla’s stock price fell seven percent to $293 per share in morning trading on Monday, following Elon Musk‘s announcement over the weekend that he has formed a new political party named the “America Party.” The announcement came after Musk’s public split with President Donald J. Trump over the recently signed “One Big Beautiful Bill,” which increases immigration enforcement and cuts taxes for workers.

Musk, in a July 5 post on X, stated: “Today, the America Party is formed to give you back your freedom.” He also hinted that his party would focus on influencing a small number of key Senate and House races. President Trump responded on Truth Social, calling Musk a “TRAIN WRECK” and accusing him of going “completely off the rails.” Musk has not yet disclosed specific steps taken to formalize the party, a process that would involve navigating state and federal regulations.

The announcement has raised concerns among Tesla investors. Notably, James Fishback, a former top Department of Government Efficiency (DOGE) staffer and technology investor, announced his firm would be pulling its support for Musk and Tesla, citing the billionaire’s political aspirations as potentially hurting Tesla’s business prospects. “Elon left us with no other choice,” Fishback said over the weekend.

Tesla was already facing significant market challenges, with sales of its electric vehicles dropping more than 13 percent from April to June compared to the same period last year. In Europe, sales fell by nearly 50 percent in April, even as the overall electric vehicle market grew.

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July 7, 2025
William Upton
Immigration
Politics

Musk Taps Tesla’s Indian CFO as ‘America Party’ Treasurer.

PULSE POINTS

âť“WHAT HAPPENED: Elon Musk has tapped the India-born Chief Financial Officer (CFO) of Tesla, Vaibhav Taneja, to serve as the treasurer of his new third-party group, the America Party.

👤WHO WAS INVOLVED: Elon Musk and Vaibhav Taneja.

đź“ŤWHEN & WHERE: News of the Tesla CFO’s new role was made over the July 4, 2025, weekend.

🎯IMPACT: The launch of the America Party and Taneja’s role as treasurer has renewed the December 2024 fight between Musk and supporters of President Donald J. Trump over the former’s aggressive support for expanding H1-B visas, allowing the importation of cheap foreign labor.

IN FULL

Tesla CEO and former Department of Government Efficiency (DOGE) frontman Elon Musk has tapped his struggling electric vehicle company’s chief financial officer (CFO), Vaibhav Taneja, to serve as the treasurer of the America Party. The move has revived criticism of Musk’s zealous support for replacing American workers with cheap foreign labor through H1B visas.

The move is also seeing renewed allegations of Musk and his associates being “broligarchs”—a term popularized by former Trump White House Chief Strategist and WarRoom host Stephen K. Bannon—as PACs and political parties typically employ experienced campaign finance experts as treasurers and avoid hiring personal company employees so as to avoid potential conflicts of interest.

The new America Party’s treasurer, Vaibhav Taneja, has served as Tesla’s CFO since 2023. Notably, Taneja was born and educated in India, receiving a Bachelor of Commerce degree from Delhi University in 1999 and a qualified chartered accountancy from the Institute of Chartered Accountants of India in 2000. From 1999 until 2016, Taneja appears to have worked with PricewaterhouseCoopers (PwC) in India, moving on to Solar City in 2016. A year later, Taneja became part of Tesla’s India operations after Solar City was acquired by Musk’s company, and in 2023, he ascended to the role of Tesla’s CFO.

On social media, the revelation that an Indian is serving as a leader in the America Party has drawn significant backlash. Musk, himself a South African immigrant, drew similar criticism in December 2024 over his aggressive support for the importation of cheap foreign labor. In a series of posts, Musk disparaged American workers, called for an unprecedented expansion in foreign work visas, and threatened that he would be unrelenting in his push to expand the number of foreign workers in America.

While Musk was eventually forced to walk back his comments—especially after it was pointed out that his own visa status was questionable before he attained U.S. citizenship—the billionaire tech mogul has continued to quietly advocate for increased foreign workers.

Meanwhile, Taneja’s role as CFO is also raising renewed allegations of “broligarchy.” The term refers to a tight-knit cadre of Silicon Valley technology billionaires who have attempted to gain political influence to consolidate their market dominance and access to foreign imports and cheap foreign labor.

Taneja, as the CFO of Tesla, has one of the highest compensations of any chief executive in the country. Notably, after incentives, Taneja’s salary of $139 million in 2024 far exceeded the salaries of Microsoft CEO Satya Nadella and Google CEO Sundar Pichai. Having someone with such close financial and personal ties to Musk serve as the treasurer of Musk’s America Party could raise ethics concerns.

Whether Taneja is well enough versed in U.S. campaign finance law to perform his role, or capable of standing up to Musk, is unclear. Regardless, the fact that Musk installed Taneja as the America Party’s treasurer—given the plethora of potential ethical conflicts—will raise alarm bells.

Image by Gage Skidmore.

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July 3, 2025
Politics
The Resistance

EPA Places 144 Deep Staters on Leave for Signing Anti-Trump Letter.

PULSE POINTS

âť“WHAT HAPPENED: The Environmental Protection Agency (EPA) placed 144 officials on leave after they signed a public letter criticizing the agency’s direction under the Trump administration.

👤WHO WAS INVOLVED: EPA Administrator Lee Zeldin, 144 EPA officials, and over 400 current and former government employees who signed the letter.

đź“ŤWHEN & WHERE: The action was taken on Thursday at the EPA, which employs over 15,000 staff nationwide.

đź’¬KEY QUOTE: “We have a ZERO tolerance policy for agency bureaucrats unlawfully undermining, sabotaging, and undercutting the agenda of this administration,” said Lee Zeldin.

🎯IMPACT: The decision underscores the administration’s commitment to enforcing its policies and sends a message to fifth-column staff.

IN FULL

The 144 Environmental Protection Agency (EPA) employees who signed a letter criticizing the Trump administration’s reorganization of the agency and shift in its policies have been placed on leave. Sent to EPA Administrator Lee Zeldin earlier this week, the letter accused the agency of sidelining environmental protections and undermining public trust. Among the complaints leveled was the EPA’s abandonment of far-left progressive environmental justice initiatives.

Speaking on the matter, Zeldin emphasized that the majority of EPA employees remain committed to implementing the Trump White House’s agenda, describing the letter as the product of a small minority. “We have a ZERO tolerance policy for agency bureaucrats unlawfully undermining, sabotaging, and undercutting the agenda of this administration as voted for by the great people of this country last November,” Zeldin said in a statement.

“Unfortunately, a small number of employees signed onto a public letter, written as agency employees, using their official work title, that was riddled with misinformation regarding agency business,” Zeldin stated, adding: “Our ZERO tolerance policy is in full force and effect and will be unapologetically implemented unconditionally.”

The letter, signed by more than 400 current and former government officials, listed five primary concerns, including claims that the EPA is ignoring science, gutting environmental justice initiatives, and fostering a “culture of fear.” However, only 144 signatories were identified as active EPA employees, with the rest being former Biden government appointees, retirees, or individuals from other agencies who signed anonymously or under pseudonyms.

Since taking office, Zeldin has focused on rolling back regulations he argues are overburdensome and harm economic growth, while targeting wasteful green spending programs introduced during the Biden government. The National Pulse has previously reported that under Zeldin’s leadership, the agency uncovered a $14 billion scheme that saw taxpayer dollars funneled by the Biden-era EPA to an external account with Citibank, which disbursed the funds to three Democrat-aligned environmental nonprofits. Notably, one of the nonprofit groups, which received $2 billion in grants, is affiliated with Georgia election denier Stacy Abrams.

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July 3, 2025
William Upton
Politics

BREAKING: ‘One Big Beautiful Bill’ Passes the House, Heads to Trump’s Desk.

PULSE POINTS

âť“WHAT HAPPENED: House Republicans have adopted a final version of the “One Big Beautiful Bill,” which passed the chamber largely on a party-line vote. The legislation enacting much of President Donald J. Trump’s domestic policy agenda will now head to the White House for the America First leader’s signature.

👤WHO WAS INVOLVED: President Trump, House Republicans, Vice President J.D. Vance, House Speaker Mike Johnson (R-LA), and House Minority Leader Hakeem Jeffries (D-NY).

đź“ŤWHEN & WHERE: The procedural vote to advance the bill began Wednesday evening and concluded early Thursday morning in the U.S. House of Representatives, clearing the way for the legislation’s final passage.

đź’¬KEY QUOTE: “Trump was directly engaged, as he always is, and that was very important.” – House Speaker Mike Johnson.

🎯IMPACT: The bill extends Trump’s 2017 tax cuts and fulfills other economic promises, including Trump’s no tax on tips, overtime, and social security campaign pledge. The passage of the “One Big Beautiful Bill” marks a significant political victory for the America First leader.

IN FULL

House Republicans voted to adopt the “One Big Beautiful Bill” on Thursday largely along party lines, following delays that began on Wednesday evening. The landmark legislation enacts much of President Donald J. Trump’s domestic policy agenda; extending his 2017 tax cuts, fulfilling his campaign pledge for no tax on tips, no tax on social security, no tax on overtime, and providing significant increases in funding for U.S. Immigration and Customs Enforcement (ICE).

The procedural vote began at approximately 9:30 PM on Wednesday and concluded at 3:20 AM on Thursday. Much like the bill’s passage in the Senate, Congressional leadership was forced to keep the floor vote open for an extended period as Speaker Mike Johnson (R-LA) and the Trump White House worked to flip five Republican holdouts.

House Minority Leader Hakeem Jeffries (D-NY) spoke before the final vote, abusing party leaders’ right to unlimited debate time to ramble for close to nine hours. Vice President J.D. Vance noted that a Republican Congressman texted him, stating, “I was undecided on the bill but then I watched Hakeem Jeffries’ performance and now I’m a firm yes.”

Meanwhile, House Speaker Mike Johnson (R-LA) lauded President Trump’s involvement in securing the votes for the bill’s final passage. “Trump was directly engaged, as he always is, and that was very important,” Johnson said. He added that members sought assurances from Trump regarding the bill and future plans, which helped solidify support.

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July 3, 2025
Politics

Musk’s DOGE Record in Question as Federal Workforce Is Down Barely 1%.

PULSE POINTS

âť“WHAT HAPPENED: Federal workforce data reveals a reduction of over 23,000 positions under the Trump administration as part of efforts to streamline government operations.

👤WHO WAS INVOLVED: President Donald J. Trump, former Department of Government Efficiency (DOGE) frontman Elon Musk, the U.S. Office of Personnel Management (OPM), and career federal workers.

đź“ŤWHEN & WHERE: Data reflects changes between September 30, 2024, and March 31, 2025, across federal agencies in the United States.

đź’¬KEY QUOTE: “The American people deserve a government that is lean, efficient, and focused on core priorities.” – Acting OPM Director Charles Ezell

🎯IMPACT: The reduction, equivalent to around one percent of the federal workforce, marks a step toward President Trump’s goal of a smaller, more accountable government, but suggests Musk’s high-profile efforts at DOGE were lacklustre.

IN FULL

Federal workforce data from the U.S. Office of Personnel Management (OPM) shows a reduction of more than 23,000 positions between September 30, 2024, and March 31, 2025. The total number of federal employees decreased from 2,313,216 to 2,289,472 during this period. This change reflects the Trump administration’s early efforts to streamline government operations and reduce bureaucracy.

“That’s just through the end of March. So I suspect those numbers will be higher by the end of September this year, which is when a lot of the early retirement packages–and buyouts–go into effect,” said Alex Nowrasteh, vice president for economic and social policy studies at the Cato Institute. However, he added, “This is not enough shrinkage in the federal workforce.” Acting OPM Director Charles Ezell described the reduction as “the first measurable step toward President Trump’s vision of a disciplined, accountable federal workforce.”

The reduction follows an executive order signed by President Donald J. Trump in February, directing the Department of Government Efficiency (DOGE) to coordinate with federal agencies to implement staffing cuts. OPM data indicates that while agencies averaged 23,000 new hires monthly from April 2024 to January 2025, that number dropped by nearly 70 percent to just 7,385 per month after the hiring freeze took effect.

Former DOGE frontman Elon Musk claimed he could reduce the federal workforce substantially, enjoying a high public profile for his efforts before leaving the administration and turning against President Trump. However, economists like Peter Morici have noted that, “Basically, Elon Musk poured a few teacups of ice water into the ocean to combat its rising temperature.”

OPM also reported that “hundreds of thousands more workers” are expected to leave in October 2025 under the Deferred Resignation Program. Notably, tens of thousands of employees remain on the payroll due to Democratic Party lawfare that has secured several federal court orders hampering the Trump administration’s efforts.

Image by Gage Skidmore.

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July 2, 2025
Christopher Tomlinson
Immigration
Politics

The ‘One Big Beautiful Bill’ Could Make Tens of Millions from Asylum Seekers.

PULSE POINTS

âť“WHAT HAPPENED: President Donald J. Trump’s “One Big Beautiful Bill” will require asylum seekers to pay a $100 fee, which could generate millions of dollars.

👤WHO WAS INVOLVED: President Trump, Vice President J.D. Vance, Republicans in Congress, asylum seekers.

đź“ŤWHEN & WHERE: The “One Big Beautiful Bill” was passed on July 1 in the Senate, and is now returning to the House of Representatives.

💬KEY QUOTE: “Massive tax cuts, especially no tax on tips and overtime. And most importantly, big money for border security. This is a big win for the American people,” Vice President J.D. Vance said of the bill.

🎯IMPACT: The new charge could generate millions of dollars in revenue for the U.S. government.

IN FULL

A new stipulation in the “One Big Beautiful Bill,” or OBBB, could generate millions of dollars from asylum seekers if it passes the House in its current form. The proposal, supported by President Donald J. Trump, includes a $100 fee for each asylum application. In 2024, the U.S. recorded 892,904 asylum applications. At $100 each, the federal government could collect nearly $90 million from applicants.

The original House of Representatives’ version of the bill, called the One Big Beautiful Bill Act, proposed a $1,000 asylum application fee, but the Senate reduced it to $100. The bill has now been returned to the House, which could potentially raise the fee again.

Additional charges include a $100 annual fee on pending asylum cases, $550 for an initial work permit, $250 for special immigrant juvenile status, and a $500 fee for Temporary Protected Status (TPS) applications. TPS offers refuge to those alleged to be facing danger in their home countries.

The Trump administration has already removed TPS for Venezuelan migrants and is seeking to end TPS for Haitians as well, paving the way for hundreds of thousands of deportations.

The bill includes $170 billion for immigration-related expenses, with $29.9 billion earmarked for U.S. Immigration and Customs Enforcement (ICE) enforcement and $45 billion for detention centers. Notably, the asylum application fees would be no guarantee against deportation for illegitimate applicants.

Vice President J.D. Vance, who cast the tie-breaking vote to pass the OBBB in the Senate, said of the legislation, “Massive tax cuts, especially no tax on tips and overtime. And most importantly, big money for border security. This is a big win for the American people.”

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July 1, 2025
Politics

DOGE Dividend Guru and Trump Ally Forms PAC to Counter Musk.

PULSE POINTS

âť“WHAT HAPPENED: Investor and Trump ally James Fishback launched the “Full Support for Donald” (FSD) PAC to counter Elon Musk’s political “antics.”

👤WHO WAS INVOLVED: James Fishback, Elon Musk, President Donald J. Trump, and key Republican figures.

đź“ŤWHEN & WHERE: The FSD PAC was launched on Tuesday, July 1, 2025.

💬KEY QUOTE: “If Elon actually launches a new party to take down Trump, I’m starting a Super PAC to defend the MAGA candidates he targets.” – James Fishback

🎯IMPACT: The PAC aims to protect Trump’s influence within the Republican Party and counter Musk’s potential third-party efforts.

IN FULL

James Fishback, a 30-year-old investor and ally of President Donald J. Trump, has launched the FSD PAC, a super PAC aimed at countering Tesla CEO Elon Musk’s political machinations. The PAC’s name, “Full Support for Donald,” is a direct jab at Tesla’s “Full Self Driving” technology.

Fishback, a former adviser for the Department of Government Efficiency (DOGE) where Musk was also involved, stated that the PAC’s purpose is to ensure Musk does not undermine Trump’s influence within the Republican Party. “There’s real frustration in our movement with Elon and his antics,” Fishback told the media on Monday. He added that while he admires Musk’s private-sector accomplishments, he believes the South African immigrant is “dead wrong” in politics.

The move comes as Musk’s recent comments on X (formerly Twitter) reignited tensions with President Trump. Musk threatened to create a new political party, the “America Party,” in response to disagreements over Trump’s ‘One Big Beautiful Bill,’ which enacts most of the America First leader’s domestic agenda, including stronger border security and immigration enforcement and tax cuts on tips and overtime. Fishback responded by pledging to defend Trump-endorsed candidates, saying, “If Elon actually launches a new party to take down Trump, I’m starting a Super PAC to defend the MAGA candidates he targets.”

Fishback, who founded the investment firm Azoria Partners, has committed $1 million of his own money to the PAC. He previously gained attention for his efforts to deliver DOGE dividends, which aimed to return savings from government cuts to taxpayers. His personal story, as the son of a bus driver and a Colombian immigrant, has also been a point of interest, with Fishback stating, “In ten years, I went from helping my dad sell watermelons on the side of the road to generating over $100 million in trading profits.”

Despite Fishback’s initiative, some GOP insiders downplayed Musk’s potential influence, noting his failed attempt to sway the Wisconsin Supreme Court race earlier this year. One Republican operative remarked, “He’s finished, done, gone. He polls terribly. People hate him.”

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Purchased by The National Pulse
July 1, 2025
Politics

Obama White House Aide Who Wished Death on Trump Joins Zohran Mamdani’s Team.

PULSE POINTS

âť“WHAT HAPPENED: A former Obama administration staffer who wished death on President Donald J. Trump is now consulting for Zohran Kwame Mamdani’s mayoral campaign in New York City.

👤WHO WAS INVOLVED: Zara Rahim, Zohran Mamdani, and President Trump.

đź“ŤWHEN & WHERE: New York City, during Mamdani’s mayoral campaign in 2025.

đź’¬KEY QUOTE: “It’s been against my moral identity to tweet this for the past four years, but, I hope he dies.” – Zara Rahim, October 2020.

🎯IMPACT: Rahim’s hiring raises questions about Mamdani’s political extremism.

IN FULL

A former Obama White House staffer, Zara Rahim, who once publicly wished death on President Donald J. Trump, has taken on a new role as a communications consultant for Zohran Kwame Mamdani, the Democratic Socialist mayoral candidate in New York City. Mamdani, a Uganda-born Muslim extremist who has advocated for “seizing the means of production,” recently secured the Democratic nomination for mayor, making him the frontrunner for the November general election. Campaign finance records show Rahim was paid $3,500 for her consulting work in May.

Rahim gained attention in October 2020 when she posted on X (formerly Twitter), “It’s been against my moral identity to tweet this for the past four years, but, I hope he dies,” referring to President Trump’s COVID-19 diagnosis at the time. Though she later deleted the post, her controversial statements have resurfaced as she works closely with Mamdani, including crafting campaign materials and assisting during his media appearances.

Rahim, a Bangladeshi immigrant, previously worked for Barack Obama’s Office of Digital Strategy and Hillary Clinton’s 2016 campaign. Her other clients have included corporations like Netflix, Nike, and Uber. She has also been vocal on social media, criticizing America and expressing support for the “Defund the Police” movement, a position shared by Mamdani.

Other controversial figures in Mamdani’s campaign include Julian Gerson, his political director, who praised the alleged murderer of a healthcare executive, and Matthew Thomas, a former staffer with a criminal record for soliciting a minor.

Image by Anna Moneymaker/Getty Images.

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July 1, 2025
News
Politics

The Democrats Are the Least Popular Lawmakers in Congress.

PULSE POINTS

âť“WHAT HAPPENED: Polling has found the Democratic leadership is unpopular among the majority of the American public ahead of the 2026 midterm elections

👤WHO WAS INVOLVED: Democratic leadership in the House and Senate, American voters.

đź“ŤWHEN & WHERE: The polling was released on July 1.

🎯IMPACT: The poll shows lackluster support for the largely leaderless Democrats who are struggling to form a unified front ahead of next year’s pivotal elections.

IN FULL

Newly released polling indicates that the majority of the American public does not approve of the Democrats in Congress and how they are carrying out their duties. The Marist/NPR/PBS News poll, released on July 1, states that 58 percent of American voters disapprove of what the Democratic leaders are doing in Congress, with just 27 percent approving.

Even a majority of Democrats do not approve of the job the Democratic leaders are doing, with only 44 percent saying they back their party’s leaders and 43 percent saying they disapprove.

In contrast, 52 percent of voters say they disapprove of congressional Republicans’ leadership, which is down from 66 percent. Thirty-six percent of voters, including 73 percent of Republicans, say they approve of congressional Republicans’ performance, up from 26 percent in 2024.

While the Republican numbers are still negative overall, they still show that dissatisfaction with the Democrats, particularly among their own voters, runs far deeper, despite the fact that they are in opposition in both congressional chambers.

For months, the Democrats have been largely leaderless following the disastrous defeat of their 2024 presidential candidate, former Vice President Kamala Harris. The party has fractured with no clear figurehead as Senate Minority Leader Chuck Schumer, 74, and former Speaker Nancy Pelosi, 85, lose relevance in their old age, and different factions are vying for influence ahead of the 2026 midterms.

An example was seen earlier this year when gun control activist David Hogg was selected as Vice Chair of the Democratic National Committee (DNC). Soon after his election, Hogg announced he would spend millions of dollars to go after candidates not deemed woke or progressive enough. This led to strong criticism of Hogg and ultimately to his ouster from the position, on the pretext that his election had violated their gender equality policies.

Image by Victoria Pickering.

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July 1, 2025
Politics

This Trump Ally Was Just Tapped as U.S. Attorney for New Jersey.

PULSE POINTS

âť“WHAT HAPPENED: President Donald J. Trump has nominated Alina Habba to serve a full four-year term as the U.S. Attorney for the District of New Jersey.

👤WHO WAS INVOLVED: President Donald Trump, Alina Habba, and the Senate.

đź“ŤWHEN & WHERE: Nomination announced Tuesday, July 1; Habba has been serving as Interim U.S. Attorney for the District of New Jersey since March.

đź’¬KEY QUOTE: “Alina will lead with the same diligence and conviction that has defined her career, and she will fight tirelessly to secure a Legal System that is both ‘Fair and Just’ for the wonderful people of New Jersey.” – Donald Trump

🎯IMPACT: The nomination now heads to the Senate for consideration, as Habba continues to serve in her interim role.

IN FULL

President Donald J. Trump has nominated Alina Habba to serve a full four-year term as U.S. Attorney for the District of New Jersey, the White House announced on Tuesday. Habba is one of over two dozen nominations sent to the Senate for their consideration.

In March, Trump appointed Habba as the Interim U.S. Attorney for the District of New Jersey, after the then-interim U.S. Attorney for New Jersey, John Giordani, was nominated to serve as the U.S  Ambassador to Namibia.

“It is with great pleasure that I am announcing Alina Habba, Esq., who is currently serving as Counselor to the President, and has represented me for a long time, will be our interim U.S. Attorney for the District of New Jersey, her Home State, effective immediately,” Trump wrote at the time. “Alina will lead with the same diligence and conviction that has defined her career, and she will fight tirelessly to secure a Legal System that is both ‘Fair and Just’ for the wonderful people of New Jersey.”

During her time in the interim role, Habba oversaw charges brought against Rep. LaMonica McIver (D-NJ), who was indicted on federal charges of forcibly impeding and interfering with federal officers outside the Delaney Hall Federal Immigration Facility in Newark, New Jersey, on May 9.

Image by Gage Skidmore.

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