Politics
Column: When it comes to Trump's economy, the adults have left the room
The great and powerful Oz, as Donald Trump models himself, never warned Americans that the road to his promised Golden Age would be full of speed bumps, stops and starts and big tolls in the form of higher shopping bills and reduced retirement accounts. Candidate Trump also didn’t caution voters that they’d have to be patient. No, he would work his magic “on Day 1,” he promised constantly, mainly with his “beautiful” tariffs on imports from other nations. He even took credit for stock market gains before he was back in the Oval Office.
But now he’s there, and market losses have wiped away all those gains, consumer confidence has taken a dive and private-sector hiring is below expectations.
Blame Joe Biden, Trump says, for leaving him “a horrible economy,” which the former president most certainly did not. Just about every other market-watcher, here and abroad, including the Wall Street Journal editorial board, faults the current president’s all but irrational fixation with tariffs, his erratic on-off-on-again imposition of them, and the resulting uncertainty that is paralyzing small and large businesses alike.
As is often the case in Trump times, a headline this week from the Onion was closer to truth than satire: “Trump Says Recession Unfortunate But Necessary Step To Get To Depression.”
That was hardly any more ridiculous than Trump’s nonsensical talking points of late, not least his remarks Sunday on Fox News in which he declined to rule out a recession on the way to the promised land. “It takes a little time,” he said. Meanwhile, “you can’t really watch the stock market,” said the man who obsessively watches the stock market.
For a real-news headline, here’s the Wall Street Journal late Monday, after the market slide Trump sparked: “Wall Street Fears Trump Will Wreck the Soft Landing.” Both JPMorgan Chase and Goldman Sachs had elevated the risk of recession because of what Chase called “extreme U.S. policies.” As one investor told the Journal: “This is very much a man-made situation.”
He didn’t have to name the Man, of course. But neither should the “situation” have come as a surprise to the corporate titans, lobbyists, agribusiness execs and other Republicans who are reportedly imploring White House Chief of Staff Susie Wiles and other Trump aides to help the boss get a grip.
Tariff tumult has discombobulated them only because they didn’t take Trump seriously when he fantasized at campaign rally after rally about “tariffing” the heck out of foreign imports. As recently as January, the Associated Press quoted an economist who said the economic fallout likely would be “enough of a deterrent that Trump will not end up implementing these higher tariffs.”
The president’s enablers voted for him not because they believed his claims that tariffs wouldn’t raise prices and cost jobs (despite all economic evidence to the contrary, including the record of Trump’s first-term tariffs). They simply figured he wasn’t serious, wishfully thinking that he would be talked out of the dumb idea.
But by whom?
In economic policy as in so much else, the adults have left the room for Trump 2.0. That too was predictable given candidate Trump’s frequent talk of turning to yes-sayers in a second term. Missing are the moderating likes of Gary Cohn, Trump’s chief economic advisor in the first term, who resigned in March 2018 after failing to dissuade the president from slapping high tariffs on foreign steel and aluminum. Days earlier, Trump had tweeted: “Trade wars are good, and easy to win.”
He still thinks so, even as he wobbles, delays, follows through, then retreats and grants import exemptions in response to the outcry at home. The same sorts of metals tariffs that proved the final straw for Cohn seven years ago took effect at midnight Tuesday, at a 25% rate for products worldwide. The European Union predictably retaliated with tariffs starting April 1 on iconic U.S. goods including Harley-Davidson motorcycles, bourbon and blue jeans.
That now makes for a multifront trade war, including battles against China, Canada and Mexico, America’s three largest trading partners. All have counterattacked; on Monday, China imposed tariffs on U.S. farm products, thus hitting Trump’s rural base.
And with the latest volleys, finally business-world Trump apologists are ‘fessing up to their blinkered belief preelection that promised tax cuts and deregulation wouldn’t come with a big helping of tariffs. “People could only see the good side of what Trump was promising to do,” economist Dario Perkins told the Journal. “That has basically evaporated, and now, we’re back to recession watch.”
CEOs in the Business Roundtable thronged to a meeting with Trump on Tuesday. They didn’t get what they came for — “less unpredictability,” in the words of one anonymous attendee to the Washington Post. He added: “How do you do that with this president?”
Trump variously claims tariffs will force foreign companies to build businesses here and U.S. companies to expand at home; that they’ll raise needed revenues or that they’re righteous penalties for countries that are sources of drugs or migrants. It doesn’t add up, and Americans are paying a price.
Within the Trump administration, cracks are forming. Publicly, however, the gaslighting continues. “It is not chaotic,” Commerce Secretary Howard Lutnick insisted to CBS News on Tuesday. “And the only one who thinks it’s chaotic is someone who’s being silly.”
Silly us.
@jackiekcalmes
Politics
Video: Jan. 6 Rioter Hired by Pentagon
new video loaded: Jan. 6 Rioter Hired by Pentagon
transcript
transcript
Jan. 6 Rioter Hired by Pentagon
Elias Irizarry, who pleaded guilty to climbing through a broken window at the Capitol on Jan. 6, 2021, now works for an office responsible for uncovering and defending against terrorism plots at the Pentagon.
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“Full pardon or commutation?” “Full pardon.”
By Alisa Shodiyev Kaff
June 4, 2026
Politics
Democrats split over Tlaib’s Lebanon measure as Republicans seize on Hezbollah omission
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Democrats splintered over a resolution seeking to block the U.S. from assisting Israel’s war against Hezbollah, an Iranian-backed terrorist group, on Thursday.
The measure, offered by progressive Rep. Rashida Tlaib, D-Mich., would require President Donald Trump to withdraw U.S. forces from Lebanon. For months, Israel and Hezbollah, a U.S.-designated terrorist group and Iranian proxy, have been at war in southern Lebanon, but the United States has not joined the conflict.
A bipartisan coalition of lawmakers, including House Minority Leader Hakeem Jeffries, D-N.Y., rejected the measure. Critics argued the resolution could aid Hezbollah and potentially hamstring U.S. military operations in the country.
Tlaib’s resolution failed 92-324, with more than half of House Democrats joining nearly all Republicans to vote it down.
The Lebanon war powers resolution divided Democrats, with House Minority Leader Hakeem Jeffries, D-N.Y., joining Republicans in rejecting the measure. (Aaron Schwartz/Bloomberg)
REP RASHIDA TLAIB MOVES TO BLOCK US OPERATIONS IN LEBANON BUT IGNORES HEZBOLLAH
Rep. Thomas Massie, R-Ky., an Israel critic, was the lone Republican to support Tlaib’s measure. Meanwhile, Reps. Derek Tran, D-Calif., and Betty McCollum, D-Minn., voted present.
House Democratic leaders said shortly before the vote they would oppose Tlaib’s resolution and work with the progressive lawmaker on a narrower measure exempting some U.S. military operations in the country. Their statement also denounced Hezbollah as a “violent terrorist organization” and a “sworn enemy of the United States.”
Tlaib, who has accused Israel of committing “ethnic cleansing” in Lebanon, did not mention Hezbollah in her resolution. She and other proponents of the measure also avoided discussing the Iranian proxy force during heated floor debate over the measure.
Republicans highlighted the omission and accused the legislation’s supporters of serving as “proxies for Hezbollah.”
“Apparently they don’t want to see Israel killing Hezbollah, even though it’s Hezbollah that is killing Israeli children, Israeli adults, Israeli elders,” House Foreign Affairs Committee Chairman Brian Mast, R-Fla., said Wednesday, referring to his Democratic colleagues.
Tlaib asserted that her resolution would only affect U.S. forces actively engaged in hostilities. Republicans, however, disputed that claim and suggested it would hurt U.S. efforts to counter Hezbollah.
“It doesn’t say anything about [whether] you can keep the Marines that are in the embassy,” Mast said, referring to the U.S. embassy in Beirut. “That’s a pretty big oversight. It doesn’t say anything about whether we can keep United States armed forces that are training missions with the LAF [Lebanese Armed Forces]. Again, pretty big oversight.”
Rep. Rashida Tlaib, a Democrat from Michigan, attempted to bar U.S. forces from joining Israel’s war in Lebanon. (Tierney L. Cross/Bloomberg)
RASHIDA TLAIB HIT WITH HOUSE CENSURE THREAT, ACCUSED OF ‘CELEBRATING TERRORISM’ IN PRO-PALESTINIAN SPEECH
The debate turned personal when Rep. Max Miller, R-Ohio, a member of the House Foreign Affairs Committee, linked Tlaib to Hezbollah.
“Hezbollah is a terrorist organization … and its members are butchers that you like to hang out with to a certain extent,” the Ohio lawmaker said, referring to Tlaib.
A shouting match between the two then broke out, with Tlaib demanding that Miller’s remarks be stricken from the record.
The presiding chair ultimately complied with her request, but Miller doubled down on his remarks.
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“Yes, I said it. I own it, and I stand by it,” Mast said on behalf of Miller on the floor.
Tlaib’s failed war powers resolution comes as Iran has sought to tie Israel’s invasion of Lebanon to its ceasefire negotiations with the United States.
Hezbollah, which has long helped Iran project power in the region, rejected a ceasefire agreement between Israel and Lebanon’s government Thursday.
Politics
Senate rejects an initial attempt to ban Trump’s $1.8-billion ‘anti-weaponization’ fund
WASHINGTON — Initial efforts in the Senate failed Thursday to block the $1.8-billion fund that the Trump administration has sought to establish to pay people who claim the government wronged them, though further attempts were likely to come Thursday afternoon.
Republicans narrowly voted down a Democratic amendment to ban the payout fund and then Democrats killed a Republican amendment, which would have prohibited the use of federal money for the fund but would have sent $1.7 billion to the Justice Department’s fraud division.
It was the second effort in Congress to rebuke President Trump in two days, following the House vote Wednesday to rein in Trump’s war powers in Iran.
The dueling amendments were proposed by Senate Minority Leader Chuck Schumer (D-N.Y.) and Sen. Thom Tillis (R-N.C.). They were attached to the reconciliation bill that would fund Immigration and Customs Enforcement and the Border Patrol, a high priority for Republicans.
The votes came as the Senate began a “vote-a-rama,” during which lawmakers were expected to propose a stream of amendments to the immigration bill on various topics.
The Trump administration’s plan for the payment fund — widely seen as a way for Trump to compensate his political allies, including those who participated in the Jan. 6, 2021, attack on the Capitol — set off particular ire from some GOP lawmakers.
The plan has fueled growing unrest within parts of Trump’s party over his governance, compounded by the president’s endorsement of primary challengers to Sens. John Cornyn (R-Texas) and Bill Cassidy (R-La.), as well as Rep. Thomas Massie (R-Ky.), which angered some Republican senators.
Cassidy, who lost his primary and has since voiced strong opposition to Trump’s $1.8-billion fund, became a key player in the Thursday votes, voting down Schumer’s amendment but supporting Tillis’.
On Wednesday, Cassidy joined with Sen. Cory Booker (D-N.J.) to argue in a court filing that the $1.8-billion fund circumvents Congress’ authority and violates the Constitution’s spending and appropriations clauses.
“It is an unconstitutional attempt to spend the People’s money without Congressional approval,” Cassidy and Booker wrote in an amicus brief filed in the federal court case challenging the fund.
The fund was created by the Justice Department to settle a lawsuit brought by Trump against the Internal Revenue Service over the leak of his tax returns. Trump and his sons agreed to drop their personal lawsuit against the government in exchange for the creation of the $1.776-billion fund. Critics immediately questioned the plan, and it drew a rare backlash from Republicans.
In late May, GOP senators derailed plans to vote on the immigration bill over their displeasure with the payout fund and with Trump’s desire to use taxpayer funds for his planned White House ballroom. Senate Republicans removed the ballroom funding from the immigration package Wednesday, another setback for Trump.
The Trump administration sought to back away from its plans for the fund this week, following bipartisan outcry and a federal court ruling that temporarily blocked any payouts from the fund. Acting Atty. Gen. Todd Blanche said Tuesday the administration would end its plans to move ahead with the concept.
But Trump on Wednesday told reporters he didn’t know whether the fund was dead, calling it “a beautiful thing.”
After Schumer proposed the first amendment to ban the fund Thursday morning, the Senate came to a standstill as three key Republican senators deliberated. Schumer framed his effort to ban the fund Thursday as a way to force a referendum on Trump’s plan.
The amendment “offers Republicans a choice: Do you support Donald Trump’s $2 billion taxpayer-funded slush fund, or do you want to protect the American people and their paychecks?” Schumer said on the Senate floor before the vote.
Sen. Bernie Moreno (R-Ohio) urged Republicans to reject the amendment, saying Democrats were planning to “play so many games” on Thursday during the marathon session.
“We are going to fund immigration enforcement and border patrol, and I urge my Republican colleagues to stay united on that singular mission,” Moreno said.
The amendment failed after Cassidy voted against it. Republican Sens. Susan Collins of Maine, Jon Husted of Ohio and Dan Sullivan of Alaska voted in favor.
Schumer’s amendment was uniformly supported by Democrats, including California Sens. Adam Schiff and Alex Padilla.
Tillis, who also voted against Schumer’s amendment, immediately proposed his amendment. Sen. Jeff Merkley (D-Oregon) urged Democrats to oppose it, saying that the proposal would create “a new slush fund” by giving the money to the Justice Department.
“We heard over the last 48 hours that the acting attorney general said that this fund’s not moving forward. All this amendment does is codify what I believe the policy of the DOJ is,” Tillis said on the floor before voting began on his amendment. “This [fund] is unpopular, this administration has said they’re not moving forward with it; this is an opportunity for us to put it to bed.”
Responded Merkley: “Taking one slush fund and eliminating it and then creating a new slush fund still under control of the attorney general is not the way to go. The way to go is to get rid of these slush funds altogether.”
Trump has faced a recent string of failures, including the House vote Wednesday, a court ruling to remove his name from the Kennedy Center and a record-low approval rating among Americans as concern rises about economic issues, gas prices and Trump’s war with Iran.
On Wednesday, Trump lashed out against the four Republicans who backed the House war powers resolution, calling it “an unpatriotic thing” to do and calling the vote “meaningless.”
“They’re GRANDSTANDERS! They should be ashamed of themselves. MAGA!!! President DJT,” Trump wrote.
Times staff writer Ana Ceballos, in Washington, contributed to this report.
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