Tag: donald trump

Trump Administration Says Banks Will Soon Begin Distributing ‘Trump Cards’

A “Trump card” with an interest rate of 10 percent could be coming to Americans through banks that want to join President Donald Trump in lowering credit card rates.

Kevin Hassett, the director of the National Economic Council, said the concept of a one-year cap of 10 percent could be implemented voluntarily without needing to go through Congress.

“Our expectation is that it won’t necessarily require legislation, because there will be really great new Trump cards presented for folks that are voluntarily provided by the banks,” Hassett said on Fox Business.

“We’ve been in conversations with the big banks, with CEOs of many of the big banks who think that the president is on to something, that he’s got a great idea,” he said.

Banks “could potentially voluntarily provide for people who are in that sort of sweet spot — not having financial leverage very much because they don’t have access to credit, but they have enough income and stability in their lives that they’re worthy of credit,” Hassett said.

Trump kicked off the idea in a social media post earlier this month.

“Please be informed that we will no longer let the American Public be ‘ripped off’ by Credit Card Companies that are charging Interest Rates of 20 to 30%, and even more, which festered unimpeded during the Sleepy Joe Biden Administration,” Trump posted on Truth Social, adding “AFFORDABILITY!”

“Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10%,” Trump posted.

“Coincidentally, the January 20th date will coincide with the one year anniversary of the historic and very successful Trump Administration. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN! PRESIDENT DONALD J. TRUMP,” he wrote.

Trump pushed the interest rate cap along with banning large institutional investors from buying single-family homes and a push to have Fannie Mae and Freddie Mac buy $200 billion in mortgage bonds to lower mortgage rates, according to The Hill.

Banks panned Trump’s concept.

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Trump to cut federal payments to sanctuary cities starting Feb 1 over immigration policies

President Donald Trump said his administration will cease federal payments to sanctuary cities and states with sanctuary policies starting Feb. 1, while citing jurisdictions that protect criminals and fuel fraud and crime.

Speaking at the Detroit Economic Club, Trump said the move was aimed at cities and states that refuse to cooperate with federal immigration enforcement and in the administration’s bid to stamp out fraud.

“Starting Feb. 1, we’re not making any payments to sanctuary cities or states having sanctuary cities because they do everything possible to protect criminals at the expense of American citizens,” Trump said.

“And it breeds fraud and crime and all the other problems that come. So we’re not making any payment to anybody that supports sanctuary,” he added.

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“Emergency Intervention”: Trump To Cap Residential Electric Bills By Forcing Tech Giants To Pay For Soaring Power Costs

Back in August, when the American population was just waking up to the dire consequences the exponentially growing army of data centers spawned across the country was having on residential electricity bills, we said that the chart of US CPI would soon become the most popular (not in a good way) chart in the financial realm.

One month later we added that it was only a matter of time before Trump, realizing that soaring electricity costs would almost certainly cost Republicans the midterms, would enforce price caps.

Turns out we were right.

And while Trump obviously can not pull a communist rabbit out of his hat, and centrally plan the entire US power grid, what he can do is precisely what he is about to announce. 

According to Bloomberg, Trump and the governors of several US Northeastern states agreed to push for an emergency wholesale electricity auction that would compel technology companies to effectively fund new power plants, effectively putting a cap for residential power prices at the expense of hyperscalers and data centers. Which, come to think of it, we also proposed back in October.

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European troops in Greenland will not impact Trump’s takeover plans, White House says

The deployment of European troops in Greenland has no impact on US President Donald Trump’s plans to take control of the Arctic island from Denmark, the White House said on Thursday.

“I don’t think troops in Europe impact the president’s decision-making process, nor does it impact his goal of the acquisition of Greenland at all,” Press Secretary Karoline Leavitt said when asked about the deployment.

Her comments come on the same day that European military personnel began arriving in Greenland, hours after a meeting between US, Danish and Greenlandic officials in Washington failed to resolve what Denmark’s foreign minister called “fundamental disagreement” over the mineral-rich Arctic island.

France, Sweden, Germany and Norway announced on Wednesday that they would deploy military personnel as part of a reconnaissance mission to Greenland’s capital Nuuk.

Germany’s defence ministry said on Thursday that the reconnaissance mission to Greenland by several European NATO members aims “to explore options for ensuring security in light of Russian and Chinese threats in the Arctic.”

A 13-strong Bundeswehr reconnaissance team would deploy to Nuuk from Thursday to Sunday at Denmark’s invitation, the ministry said.

French President Emmanuel Macron said on Thursday France would soon send more “land, air, and sea” forces to join the military exercise in Greenland.

“A first team of French service members is already on site and will be reinforced in the coming days with land, air, and maritime assets,” Macron told troops during a speech to start the new year.

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GOP Senators Move to Block Trump Marijuana Reclassification

Republican Sens. Ted Budd of North Carolina and James Lankford of Oklahoma are moving to block the Trump administration’s effort to reclassify marijuana under federal law, arguing the move would undermine public safety and bypass Congress.

The two senators this week filed an amendment to a House-passed, three-bill funding package that would prevent the Justice Department from reclassifying marijuana from a Schedule I to a Schedule III drug under the Controlled Substances Act.

Marijuana has been listed as a Schedule I substance since the Controlled Substances Act was signed by President Richard Nixon in 1970, more than five decades ago.

Heroin, LSD, and ecstasy also are classified as Schedule I substances.

The Budd-Lankford amendment would bar the use of federal funds to reschedule marijuana, effectively stopping the Justice Department from carrying out the administration’s directive.

The proposal was formally entered into the Congressional Record this week as lawmakers prepare to debate the spending package in the Senate.

The language mirrors provisions that were recently removed from the appropriations bill during negotiations between House and Senate leaders.

While similar restrictions had advanced through the House Appropriations Committee, they were ultimately stripped from the final package, which passed the House Jan. 8 by a 397-28 vote.

Now, Budd and Lankford are seeking to reinsert the prohibition before the legislation clears the Senate.

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Trump admin quietly restores some funding to Planned Parenthood after lawsuit

The Trump administration has backed down on a portion of the funding it has denied to Planned Parenthood, restoring tens of millions of dollars to the abortion giant in the face of a lawsuit.

Last year, the federal government froze $120 million in federal Title X “family-planning” grants to organizations suspected of not complying with the administration’s executive orders against involvement with diversity, equity, and inclusion (DEI) initiatives. The move did not specifically target Planned Parenthood or abortion, but covered approximately $20 million received by Planned Parenthood locations across a dozen states. 

The abortion lobby and others sued, and Politico reports that the far-left American Civil Liberties Union (ACLU) has withdrawn its lawsuit in response to the Trump administration quietly restoring the funding in question last month. In a December 19 court filing, U.S. Attorney Jeanine Pirro said without elaboration that “the review is completed, and all grants at issue for Plaintiff’s members have been restored […] this matter can be voluntarily dismissed in light of the restoration of the remaining grants.”

“More than 800 service sites were unable to provide Title X services. Hundreds of thousands of patients were unable to get Title X services. So the impact was tremendous,” responded Brigitte Amiri, deputy director of the ACLU’s “Reproductive Freedom Project.” “So damage certainly was done as a result of their unlawful withholding of the funds.”

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President Trump Announces Board of Peace for Gaza is Officially Formed

President Trump announced on Thursday that the international transitional Board of Peace, which will supervise the governance of Gaza, has been formed. 

Trump announced the “Board of Peace,” which will be headed and chaired by himself, in his 20-point Gaza Peace Plan last September.

On Thursday, he announced that the board has been finalized, and the members will be announced “shortly.”

“I can say with certainty that it is the Greatest and Most Prestigious Board ever assembled at any time, any place,” he said.

Full statement below:

It is my Great Honor to announce that THE BOARD OF PEACE has been formed. The Members of the Board will be announced shortly, but I can say with certainty that it is the Greatest and Most Prestigious Board ever assembled at any time, any place. Thank you for your attention to this matter!

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War Powers Resolution: The Senate Had One Job

On January 14, a “war powers resolution” went down to defeat in the US Senate on a 50-50 vote, with vice president JD Vance breaking the tie.

The resolution, which would have required US president Donald Trump to at least casually mention to Congress that he planned more military misadventures in Venezuela before, rather than after, launching such misadventures, was a half-hearted half-measure, but somehow only half of US Senators could bring themselves to go even that far.

Let’s go over the way things are supposed to work:

The US Constitution assigns the power to declare war to Congress, not to the president.

If the president attacks another country without such a declaration, it’s not a war, it’s just a crime — a “high crime” legally meriting and ethically requiring that president’s impeachment and removal from office.

Unfortunately, presidents have been getting away with such crimes on a routine basis since the end of World War 2. The list is too long to fit in an op-ed, but a few high points include Korea, Vietnam, Iraq, and Afghanistan.

Those conflicts weren’t wars, at least so far as US law was concerned. They were criminal acts carried out by lawless presidents with the acquiescence — and often co-conspiracy — of Congress.

Toward the end of the Vietnam fiasco, Congress passed (and overrode Richard Nixon’s veto of) something called the War Powers Resolution of 1973.

Nixon’s veto message claimed that the Resolution included “unconstitutional restrictions” on his power to kill as many people as he pleased, when and how it pleased him to kill those people.

What it actually included was an unconstitutional — absent ratification by 3/4 of the states’ legislatures — repeal of the Constitution’s Article I, Section 8 assignment of the power to declare war solely and exclusively to Congress.

The Resolution supposedly gave the president wiggle room to engage in illegal military operations if he got congressional “authorization” or made up a “national emergency,” and as long as he subsequently bothered to tell Congress about it.

Why would Congress (a notoriously power-hungry body) try so hard to give up its power to declare war? Because if there’s anything a politician hates more than he or she loves power, it’s being held responsible for the consequences of exercising that power. By trying to give up its power, Congress thought it could also rid itself of culpability.

The Senate had one job to do. It wasn’t an especially hard job, it wouldn’t have had any great effect (even if it passed the House, Trump would have vetoed it), and it didn’t even meet the bare minimum constitutional standard.

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Hakeem Jeffries Just Crossed a Dangerous Line That Can’t Be Uncrossed

House Minority Leader Hakeem Jeffries just fired a warning shot at the entire Trump administration, and it’s the kind of threat that ought to make every American nervous about what Democrats have in mind if they ever claw their way back to power.

This week on Fox News, Trump advisor Stephen Miller reminded ICE agents that the law is on their side.

“To all ICE officers: You have federal immunity in the conduct of your duties. Anybody who lays a hand on you or tries to stop you or tries to obstruct you is committing a felony,” he said. “You have immunity to perform your duties, and no one—no city official, no state official, no illegal alien, no leftist agitator or domestic insurrectionist—can prevent you from fulfilling your legal obligations and duties. And the Department of Justice has made clear that if officials cross that line into obstruction, into criminal conspiracy against the United States or against ICE officers, then they will face justice.”

It was a simple, clear, factual message, informing them that no matter how much the left attacks them, the Trump administration stands with them. But Jeffries was so triggered by Miller’s message that he wrote a response on X, and it was rather chilling.

“To all members of the Trump administration,” Jeffries wrote, “the incitement and engagement in state violence against the American people is a serious crime. Donald Trump will leave office long before the five-year statute of limitations expires. You are hereby put on notice.”

That wasn’t an empty threat; he means it, and it would be a mistake not to believe he was serious. Hakeem Jeffries literally threatened ICE agents and Trump administration officials with future prosecution for doing their jobs and enforcing the law.

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Trump Reportedly Says Ukraine’s Zelensky, and Not Russia’s Putin, Is Holding up the Peace Deal: REUTERS

Zelensky and his EU Globalists do what they can to impede peace, and cling to some non-starter proposals.

Ever since February 2025, in the infamous Oval Office heated on-camera argument between Donald J. Trump and Kiev regime leader Volodymyr Zelensky, it was clear that the US President knew that Ukraine didn’t have the cards, and should settle with Russia as fast as possible, lest they lose more and more territory.

The assessment proved totally correct.

We have been diligently reporting here on TGP on Trump’s peace push for the Russia-Ukraine war ever since before he was inaugurated.

But one aspect stood out: Zelensky didn’t negotiate like the losing party that he is, but rather as the golden boy of Globalism that he also is.

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