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January 15, 2025
Politics
TRUMP TRANSITION 2024/5

Marco Rubio Declares Postwar Global Order ‘Obsolete’ in Senate Confirmation Hearing.

President-elect Donald J. Trump’s nominee for Secretary of State, Senator Marco Rubio (R-FL), outlined his vision for an “America First” foreign policy during his Wednesday confirmation hearing before the Senate Committee on Foreign Relations. The Florida Republican declared that the global order that emerged following the Second World War no longer serves American interests and must be remade.

“The postwar global order is not just obsolete; it is now a weapon being used against us,” Rubio told his Senate colleagues. He continued: “We welcomed the Chinese Communist Party into this global order. And they took advantage of all its benefits. But they ignored all its obligations and responsibilities.”

“Instead, they have lied, cheated, hacked, and stolen their way to global superpower status at our expense,” he stated.

“Under President Trump, the top priority of the United States Department of State will be the United States,” Rubio continued, adding: “Every dollar we spend, every program we fund, every policy we pursue, must be justified by the answer to one of three questions: Does it make America safer? Does it make America stronger? Does it make America more prosperous?”

UKRAINE, NATO, & IRAN.

Addressing the ongoing Russian invasion of Ukraine, Rubio argued a resolution to the conflict would require concessions by both nations. Additionally, Trump’s Secretary of State nominee told the committee he would continue the President-elect’s policy of urging European countries to take on a more significant role in their security.

During his first presidential administration and on the 2024 campaign trail, Trump has repeatedly criticized NATO members for not upholding their defense spending commitments. However, Rubio—under questioning by the committee—did reaffirm his support for the defense alliance, pointing to his co-sponsorship of legislation intended to prevent the U.S. from withdrawing from NATO.

Turning to Middle Eastern affairs, Rubio discussed the humanitarian issues in Gaza, asserting that while civilian casualties are tragic, the Hamas terrorist group bears significant responsibility for using human shields. He defended Israel’s conduct, stating it does not deliberately target civilians. He also condemned Iran for its nuclear ambitions and funding of terror groups like Hamas, calling for a restoration of Trump’s maximum pressure campaign against the Islamic Republic.

Image by Gage Skidmore.

By Popular Demand.
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34 minutes ago
Election Integrity
Lawfare

Democrat Lawfare Orgs Are Challenging Justice Alito’s Order Restoring Texas Congressional Map.

PULSE POINTS

❓WHAT HAPPENED: Democrat Party-aligned electioneering groups have filed a challenge to Supreme Court Justice Samuel Alito’s order allowing Texas to use its newly drawn congressional map, citing racial gerrymandering concerns.

👤WHO WAS INVOLVED: Justice Samuel Alito, Texas state officials, and so-called voting rights groups opposing the map.

📍WHEN & WHERE: The emergency order was issued on Friday, November 21, 2025, with the challenge filed on Monday; the case is before the U.S. Supreme Court.

💬KEY QUOTE: Texas argued that altering district lines before the March primary would “disrupt election preparations and confuse voters.”

🎯IMPACT: The Supreme Court’s decision will determine whether Texas’s 2026 map remains in place while litigation continues.

IN FULL

Democrat Party-aligned electioneering groups are challenging Supreme Court Justice Samuel Alito’s Friday order allowing Texas to use its newly drawn congressional map. In their filing, made on Monday, the far-left election lawfare organizations contend the state’s redistricting plan is an “extraordinary” case of racial gerrymandering.

The complaint argues the lower court was correct in finding that black and Hispanic voters were likely to prevail on claims that the new congressional map is an illegal gerrymander that is intended to dilute the minority vote in several districts. Alito issued the emergency order on November 21, ruling the Texas map could remain in place while the full court considers the legal challenge.

Texas urged the high court to settle the matter swiftly, warning that any change to district lines months before the March primary would cause logistical chaos for voters and likely disrupt the primary election. In addition, the state is pointing to the Purcell rule, which generally advises federal courts not to intervene in district map challenges and ballot rules close to an election.

“The district court’s injunction comes far too late in the day under Purcell. Campaigns have begun in the 2025 districts. The candidate filing period ends on December 8. Ballots will then soon be printed, checked and re-checked, and sent overseas. In the middle of all of that, the district court has ordered the State to stop,” Texas Solicitor General William R. Peterson wrote in the state’s emergency appeal filed late last week. He continued: “Worse, because there is no time for remedial proceedings by the district court’s own admission, the district court has ordered the State to replace the 2025 districts in medias res with repealed redistricting legislation—reviving the 2021 map that changes all but one of Texas’s 38 congressional districts, in many cases changing them dramatically.”

A three-judge federal panel in El Paso ruled two-to-one last week that Texas’s latest redistricting plan was likely drawn with discriminatory intent. However, the majority’s ruling was blasted by U.S. Circuit Court Judge Jerry Smith in his dissent, with the jurist alleging his colleague, Judge Jeffrey Brown, had engaged in judicial misconduct.

Image by Joe Ravi.

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By Popular Demand.
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1 hour ago
Politics

Neocon Crenshaw’s Crass Behavior Causes Diplomatic Incident.

PULSE POINTS

❓WHAT HAPPENED: Congressman Dan Crenshaw (R-TX) is reportedly facing scrutiny from the U.S. Central Intelligence Agency (CIA) over alleged unprofessional behavior during an official trip to Mexico that resulted in a diplomatic incident.

👤WHO WAS INVOLVED: Rep. Dan Crenshaw, House Intelligence Committee Chairman Rick Crawford (R-AR), Speaker Mike Johnson (R-LA), and CIA officials.

📍WHEN & WHERE: August 2025, during a congressional trip to Mexico City.

💬KEY QUOTE: “Once again, we are dealing with the usual media playbook of publishing sensational stories based on anonymous sources and incorrect facts.” – Dan Crenshaw

🎯IMPACT: Crenshaw has been removed from his role as head of the cartel task force, but retains support from House Speaker Johnson.

IN FULL

The U.S. Central Intelligence Agency’s (CIA) station in Mexico City was reportedly so alarmed over the behavior of Congressman Dan Crenshaw (R-TX) during an August congressional delegation to Mexico that officials contacted the agency’s headquarters in Virginia out of caution. Crenshaw is accused of having appeared inebriated and allegedly toasting inappropriate remarks made by a Mexican official, which led to discomfort among some female attendees.

In response to the diplomatic incident, House Intelligence Committee Chairman Rick Crawford (R-AR) allegedly banned Crenshaw from participating in taxpayer-funded congressional delegation travel for at least 90 days. In addition, the Texas Republican was reportedly removed as chairman of the House Cartel Task Force. Crenshaw was visiting Mexico in his official capacity as the task force’s chairman. While it is believed that Chairman Crawford also sought to remove Crenshaw as chairman of the House Intelligence Committee’s Defense Intelligence and Overhead Architecture subcommittee, the Texas Congressman has seemingly retained that role.

“Big problem with this clickbait story: I was booked to go on an overseas CODEL, which was fully approved by House Ethics, from October 1st to October 6th of this year. The CODEL was canceled right before departure due to the government shutdown, but not due to any so-called ‘travel ban.’ This is a fact: people can pull receipts,” Rep. Crenshaw wrote in a recent post on X (formerly Twitter), addressing the initial travel ban report published by Punchbowl News. “Once again, we are dealing with the usual media playbook of publishing sensational stories based on ananonymous [sic] sources and incorrect facts,” he claimed.

“Another problem with this headline, this ‘alcohol related incident’ is literally me doing a toast with Mexican Generals. Just read past the paywall,” Crenshaw insisted in a follow-up post.

Despited reportedly being unhappy with Crenshaw, House Speaker Mike Johnson (R-LA) has defended him publicly, stating, “Dan Crenshaw has always been and still is our point man in Congress when it comes to addressing the threat of the drug cartels. His insights and expertise in these and other matters regarding intelligence and national security are invaluable.”

The incident comes amid other controversies surrounding Crenshaw, including remarks earlier this year where he was allegedly caught on a hot mic threatening to kill former Fox News host Tucker Carlson. Crenshaw, a staunch neoconservative, has a reputation for angry outbursts. The National Pulse reported in 2021 that Crenshaw smeared members of the House Freedom Caucus as “performance artists.” In 2022, the Texas Congressman snapped at a 10-year-old girl when she questioned his faith in Christianity after he had questioned whether Jesus Christ actually existed on a podcast.

Crenshaw had said, “The most important thing here is that we have important hero archetypes that we look up to. Jesus is a hero archetype. Jesus is a hero archetype; Superman is a hero archetype. Real characters, too. I could name a thousand—Rosa Parks, Ronald Reagan,” appearing to imply that Christ does not belong in the category of “real characters.”

Image by Gage Skidmore.

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By Popular Demand.
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2 hours ago
News

Cornyn Polling TANKS Despite MILLIONS Spent in Texas GOP Primary.

PULSE POINTS

❓WHAT HAPPENED: Senator John Cornyn’s (R-TX) standing with Texas GOP primary voters has deteriorated, with his image now 16 points underwater.

👤WHO WAS INVOLVED: John Cornyn, Texas Attorney General Ken Paxton (R), Representative Wesley Hunt (R-TX), Texas Republican primary voters.

📍WHEN & WHERE: Late November, Texas GOP primary race.

💬KEY QUOTE: “John Cornyn’s support is collapsing: as voters become aware of his negatives, his costly attempts at rebranding quickly unravel. The more voters see of him, the worse he performs.” – Stratus Intelligence report

🎯IMPACT: Cornyn’s support is collapsing, with voters showing increased hostility, making him a spoiler in the race.

IN FULL

Senator John Cornyn’s (R-TX) position with Texas Republican primary voters has significantly weakened, with his favorability rating now at 35 percent compared to an unfavorable rating of 51 percent. Notably, 28 percent of voters have a “very unfavorable” view of Cornyn, whom RINO political strategist Chris LaCivita represents.

In a three-way race, Cornyn trails behind Texas Attorney General Ken Paxton (R)and Representative Wesley Hunt (R-TX), securing only 25 percent of the vote compared to Paxton’s 36 percent and Hunt’s 26 percent. Despite over $40 million spent on his campaign, Cornyn is in last place for an office he has held since 2002.

Head-to-head matchups further highlight Cornyn’s weak position, with Paxton leading Cornyn 51 percent to 34 percent, and Hunt leading 52 percent to 29 percent. Even a hypothetical endorsement from President Donald J. Trump does not significantly improve Cornyn’s standing.

Cornyn’s image has deteriorated from 44 percent favorable in early November to 35 percent now. In contrast, Wesley Hunt maintains a strong profile with a net favorability, and Ken Paxton remains the preferred choice for conservative voters.

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By Popular Demand.
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2 hours ago
News
UK

Foreign Billionaire Who Donated to Far-Left Labour Party Now Leaves Country After Helping Wreck It.

PULSE POINTS

❓WHAT HAPPENED: One of Britain’s wealthiest residents, Indian billionaire Lakshmi Mittal, has left the United Kingdom amid tax hikes by the ruling, leftist Labour Party, which he previously donated millions of pounds to.

👤WHO WAS INVOLVED: Indian billionaire Lakshmi Mittal, Prime Minister Sir Keir Starmer, and the Labour Party.

📍WHEN & WHERE: Recently reported in the United Kingdom.

💬KEY QUOTE: “The issue was inheritance tax. Many wealthy people from overseas cannot understand why all of their assets, wherever they are in the world, should be subject to inheritance tax imposed by the UK Treasury.” – Tax adviser close to Mittal and his family.

🎯IMPACT: Mittal’s departure is just one of many instances of wealthy people in recent years to flee Britain.

IN FULL

Lakshmi Mittal, the Indian-born steel magnate, has left Britain amid sweeping tax hikes by the country’s ruling, leftist Labour Party, to which he had donated millions of pounds in the past. Once a fixture at the top of The Sunday Times Rich List, he is now a tax resident of Switzerland and plans to spend much of his time in Dubai. At his 2008 peak, his wealth was estimated at £27.7 billion, equivalent to approximately $34 billion. Even now, with a fortune of ~£15.4 billion (~$19 billion), he would have ranked among Britain’s richest residents.

Mittal’s exit is widely linked to the abolition of the “non-dom” tax regime, which previously allowed foreign residents to pay British tax only on income earned within the country. One adviser close to the family said, “The issue was inheritance tax. Many wealthy people from overseas cannot understand why all of their assets, wherever they are in the world, should be subject to inheritance tax imposed by the UK Treasury. People in this situation feel they have little choice but to leave and are either sad or angry to be doing so.” The UK levies up to 40 percent inheritance tax, while places like Dubai impose none, and Switzerland typically does not tax inheritances for children.

His departure comes amid a broader exodus of the wealthy from London and the wider United Kingdom. According to wealth migration data, between 2024 and 2025, London lost about 11,300 dollar-millionaires, including two billionaires, pushing it down the rankings of global wealthy hubs. Analysts cite high capital gains tax, steep inheritance levies, the declining value of the pound, and the end of non-dom status as key drivers.

Britain as a whole is projected to lose 16,500 millionaires in 2025, more than any other country tracked by migration consultants. Observers warn that this may mark a turning point: for the first time in a decade of data collection, a European country is leading in millionaire outflows. Much of this wealth is expected to flow to tax-friendly destinations such as the United Arab Emirates, which is forecast to absorb nearly 9,800 of the departing millionaires this year, potentially bringing in some $63 billion in investable assets.

Image by Simon Dawson / No 10 Downing Street.

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By Popular Demand.
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3 hours ago
News

War Department Investigating ‘Serious Allegations’ Against Mark Kelly, Court-Martial Possible.

PULSE POINTS

❓WHAT HAPPENED: Allegations of misconduct were made against Captain Mark Kelly, prompting a review by the Department of War.

👤WHO WAS INVOLVED: Captain Mark Kelly, USN (Ret.) and the U.S. Department of War.

📍WHEN & WHERE: November 25, 2025, United States.

💬KEY QUOTE: “This matter will be handled in compliance with military law, ensuring due process and impartiality.” – U.S. Department of War

🎯IMPACT: Potential recall to active duty for court-martial proceedings or other measures.

IN FULL

The U.S. Department of War has announced that it is investigating “serious allegations of misconduct against Captain Mark Kelly, USN (Ret.),” the Democrat Senator for Arizona, on X (formerly Twitter), citing the Uniform Code of Military Justice, 10 U.S.C. § 688, and other regulations.

The War Department warned that the investigation may include Kelly’s “recall to active duty for court-martial proceedings or administrative measures,” stressing “that military retirees remain subject to the UCMJ for applicable offenses, and federal laws such as 18 U.S.C. § 2387 prohibit actions intended to interfere with the loyalty, morale, or good order and discipline of the armed forces.”

“All servicemembers are reminded that they have a legal obligation under the UCMJ to obey lawful orders and that orders are presumed to be lawful. A servicemember’s personal philosophy does not justify or excuse the disobedience of an otherwise lawful order,” the statement adds.

Kelly was among six lawmakers who formerly served in the military or an intelligence agency to appear in a video statement addressed “directly to members of the military” last Tuesday, with the Arizona Senator telling active servicemen that they “can refuse illegal orders,” as others urged troops to “stand up for our laws [and] our Constitution.”

President Trump responded by warning that encouraging the military to disobey orders from the Commander-in-Chief was “SEDITIOUS BEHAVIOR FROM TRAITORS,” adding: “LOCK THEM UP???”

Image by Gage Skidmore.

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By Popular Demand.
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3 hours ago
William Upton
Breaking

BREAKING: Clinton Judge Blocks Indictment of Comey on Technicality.

PULSE POINTS

❓WHAT HAPPENED: The Department of Justice’s (DOJ) prosecution of former Federal Bureau of Investigation (FBI) Director James Comey was dismissed on Monday by senior U.S. District Court Judge Cameron McGowan Currie.

👤WHO WAS INVOLVED: James Comey, Judge Cameron McGowan Currie, and U.S. Attorney Lindsey Halligan.

📍WHEN & WHERE: Monday, November 24, 2025, in South Carolina.

💬KEY QUOTE: “The appointment of Ms. Halligan as Interim U.S. Attorney violated 28 U.S.C. § 546 and the Appointments Clause of the U.S. Constitution,” Judge Currie wrote in her opinion.

🎯IMPACT: Judge Currie determined that U.S. Attorney Lindsey Halligan is not legally allowed to prosecute the case.

IN FULL

The Department of Justice’s (DOJ) prosecution of former Federal Bureau of Investigation (FBI) Director James Comey was dismissed on Monday by senior U.S. District Court Judge Cameron McGowan Currie—a Bill Clinton appointee—of the United States District Court for the District of South Carolina. Comey had been arraigned on federal charges of false statements and obstruction of a congressional proceeding in late October. Judge Currie determined that U.S. Attorney Lindsey Halligan is not legally allowed to prosecute the case.

“The appointment of Ms. Halligan as Interim U.S. Attorney violated 28 U.S.C. § 546 and the Appointments Clause of the U.S. Constitution,” Judge Currie wrote in her opinion, continuing: “All actions flowing from Ms. Halligan’s defective appointment, including securing and signing Mr. Comey’s indictment, were unlawful exercises of executive power and are hereby set aside. The Attorney General’s attempts to ratify Ms. Halligan’s actions were ineffective and are hereby set aside.”

“Mr. Comey’s motion to dismiss the indictment (ECF No. 60) is granted in accordance with this order. The indictment is dismissed without prejudice,” Currie concluded, adding: “The power to appoint an interim U.S. Attorney for the Eastern District of Virginia pursuant to 28 U.S.C. § 546 during the current vacancy lies with the district court until a U.S. Attorney is nominated by the President and confirmed by the Senate under 28 U.S.C. § 541.”

In early November, Comey’s legal team moved to have interim U.S. Attorney Lindsey Halligan disqualified from prosecuting his case. Comey’s legal team claimed Halligan’s appointment violated legal limits on who can serve as an interim U.S. attorney. They argued that the federal statute allows for only one 120-day appointment by the attorney general, after which the position must be filled by court-directed means. The Department of Justice (DOJ), however, contends that Siebert’s resignation reset the 120-day clock, permitting Attorney General Pam Bondi to appoint Halligan temporarily.

Image by Mark Warner.

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4 hours ago
Politics

Trump Turns Attention to Renovating D.C. Area Golf Course.

PULSE POINTS

❓WHAT HAPPENED: President Donald J. Trump announced plans to renovate the golf courses at Joint Base Andrews, with the help of golf legend Jack Nicklaus.

👤WHO WAS INVOLVED: President Trump, Jack Nicklaus, and officials at Joint Base Andrews.

📍WHEN & WHERE: Saturday, November 22, 2025, at Joint Base Andrews in Maryland.

💬KEY QUOTE: “We’re doing some fix-up of the base, which it needs. We’re gonna try and reinstitute the golf courses. I’m meeting with the greatest, Jack Nicklaus.” – Donald Trump

🎯IMPACT: The project could restore the recreational facilities at Andrews, which have degraded over the years due to a lack of upkeep and maintenance.

IN FULL

President Donald J. Trump, speaking to reporters before departing the White House on Saturday, announced that legendary golfer Jack Nicklaus would assist in redesigning the golf courses at Joint Base Andrews. Trump said, “We’re doing some fix-up of the base, which it needs. We’re gonna try and reinstitute the golf courses.”

Located in Maryland, about 15 miles from the White House, Joint Base Andrews is home to Air Force One and features three 18-hole golf courses, among other recreational facilities. Trump noted that at least two of the courses were in poor condition and could be restored “for very little money.” He described the base as “a great place that’s been destroyed over the years through lack of maintenance.”

Jack Nicklaus, who has designed over 425 courses globally through his Nicklaus Design firm, will lead the redesign efforts. Trump called Nicklaus “the greatest” and expressed confidence in his ability to restore the courses to their former glory.

However, the announcement has raised questions about the project’s funding, as Andrews is military property. Presumably, renovation funds would have to come from the Pentagon budget—although there could be avenues for private contributions, such as those the President is using to construct a new White House ballroom.

Trump has previously overseen several renovations, including changes to the White House grounds and a planned Paris-style arch near the Lincoln Memorial. He has also collaborated with Nicklaus on other golf courses, such as the Trump Golf Links at Ferry Point in New York and Trump National Jupiter in Florida.

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By Popular Demand.
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5 hours ago
Politics

DOGE Declared Officially Dead by Trump Admin, Achieving Only a Fraction of Claimed Cuts.

PULSE POINTS

❓WHAT HAPPENED: The Department of Government Efficiency (DOGE) has been dissolved ahead of schedule, achieving only a fraction of its original savings targets.

👤WHO WAS INVOLVED: DOGE, the Office of Personnel Management (OPM), Elon Musk, and the Trump administration.

📍WHEN & WHERE: Dissolution announced in November 2025, eight months before the end of its planned 18-month agenda.

💬KEY QUOTE: “DOGE doesn’t exist and will no longer function as a centralized entity.” – Scott Kupor, OPM Director.

🎯IMPACT: Despite reported savings of $214 billion, inflated figures and operational disruptions have left the net impact of DOGE’s efforts in question.

IN FULL

The Department of Government Efficiency (DOGE) has been dissolved eight months ahead of its planned 18-month agenda. On Sunday, Scott Kupor, director of the Office of Personnel Management (OPM), was quoted as saying DOGE “doesn’t exist” anymore and will no longer operate as a “centralized entity.” However, Kupor subsequently clarified his remarks, emphasizing that the agency’s mission is being taken up by OPM and its efforts decentralized across the federal government.

“The truth is: DOGE may not have centralized leadership under U.S. DOGE Service. But, the principles of DOGE remain alive and well: de-regulation; eliminating fraud, waste and abuse; re-shaping the federal workforce; making efficiency a first-class citizen; etc,” Kupor wrote in a post on X (formerly Twitter). He added: “DOGE catalyzed these changes; the agencies along with U.S. Office of Personnel Management and Office of Management and Budget will institutionalize them!”

DOGE was originally established to maximize productivity, reduce wasteful spending, and eliminate fraud in federal outlays. Over its 10-month existence, the department reported terminating 13,440 contracts, 15,887 grants, and 264 leases. However, these figures were often inflated, with one notable instance involving the misrepresentation of an $8 million contract as an $8 billion contract.

Tech industry billionaire, Elon Musk—who served as the frontman for DOGE—initially predicted the department could save $2 trillion, but later revised this estimate to $1 trillion. By November 2025, DOGE claimed $214 billion in savings, equivalent to $1,329.19 per taxpayer. However, independent analyses found that DOGE had overstated its savings by as much as 97 percent in some cases. An analysis published in August could only verify $32.7 billion of the $52.8 billion in federal contracts that the Musk-led effort claims to have cut, and found that the actual government savings were closer to a comparatively paltry $1.4 billion.

The National Pulse reported in July that DOGE’s supposed drastic cuts to the federal workforce only amounted to about one percent of government employees, a far cry from what Musk had promised in October 2024. Musk left DOGE at the end of May, citing a rule limiting special government employees to 130 days of service. Earlier that month, Musk admitted that DOGE didn’t live up to his ambitions, stating, “I think we’ve been effective, not as effective as I’d like.”

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5 hours ago
Culture
Media

Trump Wants to Reshape Hollywood By Reviving Classic ’80s and ’90s Movies.

PULSE POINTS

❓WHAT HAPPENED: President Donald J. Trump could soon push to reshape the entertainment industry, particularly focusing on reviving classic action and comedy films.

👤WHO WAS INVOLVED: Donald Trump, Oracle CTO and executive chairman Larry Ellison, film producer Dallas Sonnier, film director Brett Ratner, and Paramount Studios.

📍WHEN & WHERE: Ongoing discussions involving Paramount Studios and its potential future projects.

💬KEY QUOTE: “A wave of classically male-driven movies with mentally tough, traditional, courageous, confident heroes. Maybe even a tad cocky, but dedicated to honor and duty.” – Dallas Sonnier

🎯IMPACT: Trump’s influence could potentially lead to a resurgence of 1980s and 1990s-style action and comedy films.

IN FULL

President Donald J. Trump may be looking to reshape Hollywood and the American entertainment industry at large, using his relationship with Oracle co-founder and executive chairman Larry Ellison—who owns a significant stake in Paramount Global, which is controlled by his son David Ellison—to revive classic film franchises that dominated theaters in the late 1980s into the 1990s. Ellison, who has emerged in recent months as a significant promoter of Trump’s economic agenda, is believed to be central to the President’s entertainment industry ambitions.

Notably, it has been reported that President Trump is pushing, specifically, for the revival of the Rush Hour franchise, a series of buddy-cop comedy films starring Jackie Chan and Chris Tucker, known for their urban comedy, action, and martial arts elements. Additionally, he has shown enthusiasm for films like the 1988 Jean-Claude Van Damme sports movie Bloodsport.

Hollywood film producer Dallas Sonnier is predicting that Trump’s influence over the entertainment industry could bring about “a wave of classically male-driven movies with mentally tough, traditional, courageous, confident heroes. Maybe even a tad cocky, but dedicated to honor and duty. Plus, of course, a few explosions, gun battles, helicopters, fistfights, and car chases!”

While Trump’s influence on the entertainment industry has been limited in the past, with occasional projects like Brett Ratner’s documentary on Melania Trump, the involvement of Ellison and Paramount presents a new opportunity for a revival of the American movie industry. In May, President Trump announced he was imposing a 100 percent tariff on all film productions located outside of the United States. The influential Teamsters Union swiftly backed the move.

“The Movie Industry in America is DYING a very fast death. Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States. Hollywood, and many other areas within the U.S.A., are being devastated,” Trump wrote on Truth Social at the time, adding: “WE WANT MOVIES MADE IN AMERICA, AGAIN!”

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6 hours ago
Data
Economy

Wall Street Executives Say They’re No Longer Concerned About Trump’s Tariffs.

PULSE POINTS

❓WHAT HAPPENED: Executives are feeling less anxious about tariffs after a year of concern, according to a survey of over 5,000 publicly traded American companies.

👤WHO WAS INVOLVED: U.S. companies, President Donald J. Trump, American consumers, and Parag Thatte from Deutsche Bank.

📍WHEN & WHERE: Throughout this year, as analyzed up to November 14, in earnings calls by U.S. publicly traded companies.

💬KEY QUOTE: “What they’re saying is the tariffs are manageable for them,” said Parag Thatte.

🎯IMPACT: Companies have reduced passing tariff costs to consumers, absorbing more costs themselves.

IN FULL

Executives at major American corporations are expressing increasingly lower concern over President Donald J. Trump’s tariff policy, a considerable change from earlier this year. According to a survey of over 5,000 earnings calls conducted by publicly traded American companies through November 14, executives are no longer focusing on the potential of the tariffs to generate risk for investors, and the subject of the President’s trade policy has faded to the back burner in the earnings discussions.

The main driver of the decreasing tariff anxiety in corporate America appears to be companies having paid lower import duties than the headline numbers initially indicated. U.S corporations paid an estimated 12 percent of the value of imports last month, far lower than forecasts that circulated on Wall Street earlier this year.

Notably, U.S. companies subject to President Trump’s import tariffs have only passed on around two-thirds of the cost to consumers. Previously, American corporations passed on nearly 100 percent of the tariff cost. Parag Thatte, an equity analyst at Deutsche Bank, recently stated that companies are finding the tariffs “manageable,” indicating a shift in how businesses are coping with these economic measures.

In addition, recent data also shows tariffs having no significant inflationary impact, despite what critics of President Trump’s trade policy have repeatedly claimed. The National Pulse reported earlier this month that a major study released by researchers at the Federal Reserve Bank of San Francisco confirms that tariffs are not inflationary and more often than not have deflationary effects that push prices downward.

Importantly, the study’s findings reveal that tariff shocks operate primarily through aggregate demand mechanisms—affecting confidence, investment, and spending patterns—rather than through the simple cost-push mechanism that trade models typically emphasize.

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