Inflation Jumps to 3-Year High as Critics Say Trump Economic Promises Have Turned to Dust

A key federal inflation measure released Thursday shows that US prices jumped to a three-year high last month as President Donald Trump’s illegal Iran war and tariffs continued to push up consumer costs at gas pumps and grocery stores across the country.

The personal consumption expenditures (PCE) index, closely watched by the Federal Reserve, rose at an annualized clip of 3.8% in April, the fastest pace since May 2023. Even when food and energy prices were stripped out of the measurement, the index rose 3.3% last month compared to a year ago—the highest level since November 2023.

“Today’s numbers tell the story: Families are paying more for gas, food, and housing and utilities,” said Sen. Elizabeth Warren (D-Mass.). “Donald Trump promised to lower costs ‘on day one,’ but instead inflation is running ahead of wages as his failed economic agenda hollows out Americans’ paychecks.”

The US Bureau of Economic Analysis (BEA) also found that Americans’ personal savings rate fell to its lowest level since June 2022, plummeting to 2.6% as higher prices force households to spend more on basic necessities.

“This is stunning,” Heather Long, chief economist at Navy Federal Credit Union, wrote on social media, noting that the personal savings rate was 5.5% in April of last year. “That’s a sharp plunge. It underscores how squeezed Americans are right now with higher prices and incomes not keeping up.”

Consumer spending grew by $111.1 billion last month, according to BEA data, with “gasoline and other energy goods” making up the largest portion of the increase. Trump administration officials have attempted to spin rising consumer spending as evidence of broad optimism about the US economy, even with consumer sentiment at an all-time low.

“Prices remain stubbornly high because President Trump refuses to bring down the cost of living for working families,” said Breyon Williams, chief economist at the Groundwork Collaborative. “Trump is making Americans pay more, first via his tariffs and now because of his war in Iran, causing prices at the pump to skyrocket. At the same time, he remains fixated on his lavish billion-dollar ballroom that the taxpayers will fund and a $1.8 billion slush fund for his supporters.”

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Trump Administration Slams ‘False Reporting’ by EU Top Diplomat Kaja Kallas Claiming That US Diplomats Had Left Kiev Ahead of Expected Missile and Drone Strikes

Many feel Kallas is not up to the job.

Of all the bloated bureaucracies installed in Brussels, the seemingly less effective official is the EU’s top diplomat, Kaja Kallas.

In yet another of her faux-pas, she announced that the heroic European diplomats were still in Kiev, while the American would have fled after the Russian warnings of massive drone and missile attacks programmed for the next days and weeks.

But no one’s surprise, the information was incorrect, prompting US officials to criticize her statement, calling it a ‘false reporting’.

The Telegraph reported:

“Kaja Kallas, the EU’s most senior diplomat, claimed the US was the only country to evacuate its embassy in response to Russian threats against the Ukrainian capital over the weekend, while praising Europeans’ courage for remaining in place.

But in an unusual intervention highlighting the tensions between Washington and Brussels, the US embassy in Ukraine stated: ‘There are no changes to our operations, and reports otherwise are false’.”

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Now We Know Who Was Really Behind E. Jean Carroll’s Bogus Allegations Against Trump

E. Jean Carroll’s rape allegations against President Donald Trump were never credible, and now she’s under investigation by the Department of Justice for perjury. Now, Byron York is digging into the case and has uncovered what could be the most elaborate political setup in history.

Trust me, the picture coming into focus is damning. Carroll has claimed, without any evidence, that Trump raped her sometime in 1995 or 1996. She can’t remember which year. Nothing about her allegations makes any sense. Are we supposed to believe that she simply stayed quiet about it through Trump’s rise to fame and politics, through his 2016 presidential run, and through the wave of #MeToo accusations that dominated the news cycle? Carroll said nothing about it for decades, and her stated reasons range from concern over her elderly Republican mother’s health to worries that speaking out might actually help Trump win key states.

Right. Sure.

It wasn’t until 2019 that she came forward with her bizarre allegations. But she didn’t tell the police, she didn’t go to an elected official, or even to a journalist. She chose to disclose it in a book. Why? Because no other option would generate royalties.

And Carroll had a history of grifting, too. Before the book even dropped, she was charging admission for her “Most Hideous Men in NYC Walking Tour,” a 90-minute #MeToo landmark stroll through Manhattan. The tour started at the Bergdorf Goodman entrance on 58th Street, which just so happens to be exactly where she claims she first encountered Trump the day of the alleged assault. She had been leading paying groups past that spot before she’d told the world what had supposedly happened there.

Now here’s where the origins of these allegations get genuinely interesting. Carroll, by then a certified celebrity of the anti-Trump resistance, attended a party at writer Molly Jong-Fast’s Manhattan home, a gathering the New York Times described as “Resistance Twitter come to life.” The guest list included George Conway, who apparently advised Carroll to sue Trump for defamation.

The case got a critical boost when the New York legislature passed the Adult Survivors Act in 2022, which allowed sexual assault claims to be filed regardless of expired statutes of limitations. Carroll had helped advocate for the bill. The Act went into effect on November 24, 2022, and within hours, Carroll filed a second suit, this time adding a rape allegation in addition to defamation.

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Trump Admin’s Counterterrorism Strategy Targets Left-Wing Violence Biden Denied Existed

President Trump signed a new counterterrorism strategy identifying three primary threats to the United States: narco-terrorists and transnational gangs, global jihadists including al-Qaeda and the Islamic State, and violent left-wing extremists including anarchists and anti-fascists.

These categories are not as distinct as they appear. Domestic left-wing organizations have documented operational ties to Hamas-linked networks, with the same financial infrastructure financing campus encampments, Gaza flotillas organized by designated terrorist entities, and solidarity operations supporting hostile foreign governments.

Open borders and opposition to immigration enforcement, central tenets of the left-wing political program, directly enabled the transnational gangs and cartel networks responsible for human trafficking, drug trafficking, fentanyl overdose deaths, gang violence, rape, intimidation, and murder in American communities, making the three threat categories, in practice, mutually reinforcing.

The 16-page document reorients federal priorities away from the white supremacist organizations Biden designated as the primary domestic threat, groups that produced no operational terrorism record, and toward left-wing, jihadist-linked, and transnational criminal networks that were generating documented mass violence, territorial seizures, and attacks on federal law enforcement throughout the Biden years.

The Office of the Director of National Intelligence annual threat assessments continued throughout Biden’s tenure to lead with China, Russia, Iran, and transnational terrorism, not domestic right-wing groups, as top-tier strategic threats.

The FBI’s 2021 congressional testimony declared racially or ethnically motivated violent extremists, specifically white supremacists, the top domestic terrorism threat, citing incident counts from 2018 and 2019, two years in which white supremacists were the primary source of lethal domestic attacks. The FBI did not disclose that in 2020, the year before that testimony, no lethal attacks were committed by white supremacists at all, and that three of the four lethal domestic extremist attacks that year were carried out by left-wing anarchist.

The most documented of those was the August 2020 killing of Patriot Prayer supporter Aaron Danielson in Portland by Michael Forest Reinoehl, a self-described “100% antifa” supporter who told a journalist he had no regrets.

The statistical case was methodologically flawed regardless, counting incidents rather than measuring organizational capacity, lethality, or coordinated group activity, and including lone actors with no organizational affiliation. The result was a picture that supported a political narrative without establishing that named organizations, the Proud Boys, Oath Keepers, or KKK, were running operational terrorism campaigns inside the United States. None were.

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Does Reporting Bad News About the Iran War Make You a Foreign Agent?

The Trump administration has made no secret of its desire to censor bad news about the Iran war. President Donald Trump even accused journalists of treason during the war. Now the administration has found a specific (if extremely tenuous) legal justification for his claims: the Foreign Agents Registration Act (FARA).

After The Bulwark journalist Tim Miller shared someone else’s paraphrase of an Iranian TV news report about the ceasefire negotiations, the official White House Rapid Response account on X commented that Miller is “starting to take Iranian state media as fact and peddle disinformation on their behalf. Maybe Tim should register under FARA for being an agent of a foreign country.”

On its face, Miller’s criticism falls far outside of FARA. All he did was comment on a public report. But it wouldn’t be the first time the federal government tried to weaponize FARA against domestic critics.

Passed in 1938 to root out Nazi agents, the law requires anyone conducting political activities “at the order, request, or under the direction or control” of a foreign power to register publicly or face jail time or fines.

In 1951, the Department of Justice tried to prosecute civil rights activist W.E.B. Du Bois under FARA for republishing an international communist-led petition against nuclear weapons. A judge threw out the case after prosecutors failed to present evidence of any concrete Soviet ties. Since then, the government has mostly used FARA to prosecute foreign spies short of the Espionage Act, to add another layer of red tape to foreign lobbying, and to throw the book at corruption schemes involving foreigners.

Still, the law is “strikingly sweeping, capturing much other conduct that most people would not think should be registrable,” according to a 2022 article in Just Security, which recommended narrowing the foreign-agent law to avoid abuse. The Department of Justice once required an American church to register as a foreign agent for bringing foreign congregants to the March for Life rally in Washington, D.C. Until 2024, the department also considered paid tourism promoters foreign agents.

The first Trump administration pushed Russian, Chinese, and Qatari news outlets to register as foreign agents. The nonprofit Committee to Protect Journalists accused the Department of Justice of using FARA as a political cudgel and undermining freedom of the press.

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The U.S. Has Killed More Than 190 People in Boat Strikes. We’re Tracking Them All.

Since September, the Trump administration has conducted an undeclared war in the Caribbean Sea and Pacific Ocean, killing scores of civilians. The Intercept is chronicling all publicly declared U.S. attacks and providing a tracker with information on each strike.

The administration insists the attacks are permitted because the U.S. is engaged in “non-international armed conflict” with “designated terrorist organizations,” or DTOs. President Donald Trump has justified the attacks, in a War Powers report to Congress, under his Article II constitutional authority as commander in chief of the U.S. military and claimed to be acting pursuant to the United States’ inherent right of self-defense as a matter of international law. The Justice Department’s Office of Legal Counsel has also produced a classified opinion that provides legal cover for the lethal strikes.

Experts in the laws of war and members of Congress, from both parties, say the strikes are illegal extrajudicial killings because the military is not permitted to deliberately target civilians — even suspected criminals — who do not pose an imminent threat of violence. The summary executions are a significant departure from standard practice in the long-running U.S. war on drugs, in which law enforcement agencies arrested suspected drug smugglers.

The Pentagon has repeatedly withheld information on the attacks from members of Congress and the American public, despite mounting questions from lawmakers about the legality of these deadly strikes.

So The Intercept is publishing a strike tracker documenting America’s newest war. The locations and casualty figures are drawn from information provided by U.S. Southern Command, which oversees military operations in Latin America and the Caribbean, the Office of the Secretary of War, and social media posts by Trump and War Secretary Pete Hegseth.

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The White House Intervened to Get a $620 Million Deal for a Company Tied to Donald Trump Jr.

When the Pentagon announced a $620 million loan last year to a small North Carolina startup linked to Donald Trump Jr., defense officials and the company tried to tamp down suspicions of cronyism. 

The president’s eldest son said through a spokesperson that he wasn’t involved. The Pentagon said Trump Jr. played no role in the record-setting deal. And the startup’s founder told reporters that his company, Vulcan Elements, received no political favoritism.

But interviews and Defense Department records reviewed by ProPublica show that the request to loan hundreds of millions of dollars to the firm linked to Trump Jr. was made by Peter Navarro, a White House adviser to President Donald Trump and a friend of Trump Jr.’s.

Of the dozens of companies the Pentagon was considering funding at the time, Vulcan’s was the only deal initiated by a top aide to the president, said an official at the Pentagon who was not authorized to speak publicly.

After defense officials got the White House request, they asked Pentagon staff to move at an unusually rapid pace, said another person who was involved in the deal at the Pentagon but not authorized to speak about it. The staff worked late nights and with little sleep to get the loan through in a matter of weeks, the source said.

“The call came from the White House: We have to get this done,” the person said. 

The deal is one of many actions by the Trump administration that have helped companies in which the Trump family holds stakes. Government contracts and other benefits have gone to various Trump-linked companies, prompting allegations of self-dealing by Democratic lawmakers and good government experts. But ProPublica’s reporting on the Vulcan loan represents the first time the awarding of a contract from a federal agency has been directly linked to White House intervention.

The loan was a massive financial commitment from the Pentagon in its effort to fund companies that could help the U.S. reduce dependence on China’s critical mineral supply chains. The deal was a dramatic win for Vulcan, a North Carolina rare-earth magnet company launched just two years earlier. Estimates of its valuation grew tenfold after the deal was announced. It was also a win for Trump Jr.’s venture capital firm, which took a stake of undisclosed size in Vulcan about three months before the Pentagon announced the deal. 

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US government prepares to print $250 note featuring Trump’s face

US President Donald Trump’s administration is preparing to print a new $250 bill that could feature a portrait of him, if lawmakers allow the move.

Federal law bars printing US money with the image of a living person, but Trump allies in Congress have introduced legislation that would make an exception.

A Treasury Department spokesperson told the BBC the agency “is conducting appropriate planning and due diligence” in response to the legislation.

The lawmakers behind it said the bill amount would symbolise the country’s 250th anniversary this year. If approved, it will be the latest example by Trump and his allies to put his face, name, and likeness on national institutions and symbols.

Artistic concepts of the $250 bill have not been publicly released but designs have been requested by the Bureau of Engraving and Printing (BEP), a sub-agency of the Treasury that develops and produces US currency. The Washington Post first reported the Treasury Department’s plans.

“Should this legislative mandate be signed into law, the BEP is moving proactively to produce a $250 commemorative note which will appropriately recognize the 250th Anniversary of our great nation,” the Treasury spokesperson said in a statement.

Trump’s signature is already set to appear on US paper notes as part of the nation’s semiquincentennial celebrations.

The new legislation was introduced last year by US House Representative Joe Wilson, a Republican from South Carolina. It would need approval from both the US House and Senate.

When asked about a possible new bill during a White House briefing on Thursday, Treasury Secretary Scott Bessent said “it’s all in the hands” “of Congress and that, while his department was preparing in case the legislation passes, the Treasury would follow the law.

The move to create the $250 note could also break with a different federal law that specifies the denominations that can be produced. That law doesn’t include $250.

US Senator Mark Warner, who sits on the Senate’s Committee on Banking, criticised the plans.

“As Americans struggle with the rising cost of gas, groceries, housing, and health care, President Trump’s priorities for taxpayer dollars are completely detached from the challenges families face every day,” Warner, a Democrat from Virginia, said in a statement.

“If this White House put even half as much energy into working to lower costs as it does into stoking the president’s ego, American families wouldn’t need that new $250 bill just to fill up their gas tanks.”

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The Great “Red Hat” Psyop: How the Establishment Co-Opted MAGA

The official narrative spoon-fed to the masses is that the MAGA movement is a grassroots, anti-establishment rebellion aimed at dismantling the uniparty, ending forever wars, and draining the swamp. We are told day in and day out that the system is terrified of this populist uprising, but when we strip away the partisan cheerleading, we are witnessing one of the most successful psychological operations in modern political history. The establishment didn’t defeat the populist uprising; they bought it, rebranded it with a red hat, and used it to manufacture consent for the exact neoconservative, state-expanding policies the movement initially swore to destroy.

If a Democrat had expanded the surveillance state, spiked the national debt, unilaterally banned firearms accessories, and filled their cabinet with Wall Street mega-donors and war hawks, the right would have revolted in the streets. Because there is an “R” next to the name, however, they cheer and beg for more. The state is not shrinking in the slightest. It is merely under new management, and the boot on your neck has simply been painted a different color.

If you want to understand how a purportedly anti-war movement was so easily hijacked by the establishment, look no further than the grifter class of MAGA influencers who actively manufactured consent for the pivot. Social media personalities like Catturd and Gunther Eagleman—alongside prominent digital operatives like Benny Johnson and Jack Posobiec—spent the entirety of the campaign posturing as staunch non-interventionists. They loudly decried the military-industrial complex and the endless funding of foreign proxy wars. Yet, the moment the administration changed hands and the military crosshairs shifted toward sovereign nations like Iran, these same influencers entirely abandoned their supposed principles. They are now openly salivating over the prospect of flattening a sovereign nation, cheering on the exact same neoconservative warmongering they built their alternative-media brands opposing. It raises a glaring, uncomfortable question: are these digital operatives simply spineless sycophants, or are they quietly being paid to parrot the uniparty’s new, blood-soaked marching orders?

The sheer hypocrisy of this digital vanguard is especially sickening when contrasted with those who actually held the line. Before his brutal assassination, Charlie Kirk was one of the most outspoken voices against the neoconservative push for a war with Iran. Regardless of where one stood on his broader politics, Kirk used his massive platform to fiercely oppose the very foreign entanglements the current administration is now aggressively pursuing. Had he not been killed, there is little doubt he would be standing firmly against this blatant betrayal of the anti-war platform today. Instead, the influencers who rushed to fill the void have chosen the path of least resistance. They now operate as state-sanctioned PR firms for an aggressive military agenda simply because the bombs are authorized by a president wearing a red tie. By transforming genuine anti-interventionist sentiment into rabid partisan cheerleading, these grifters provided the ideological cover necessary for the state to march the country right back into the endless wars the base initially voted to escape.

Consider the campaign promise to end the forever wars, pull out of foreign entanglements, and put “America First.” The empirical reality of the administration’s foreign policy is a direct continuation of the military-industrial complex’s most aggressive ambitions. The administration has stacked its ranks with hawkish neoconservatives and previous “never-Trumpers,” such as Secretary of State Marco Rubio, Secretary of Defense Pete Hegseth, and even Lindsey Graham, all of whom prioritize regime change and unyielding military support for Israel over domestic liberty.

Dropping bombs and violently coercing the US taxpayer to fund a global military empire in the name of a foreign country is a blatant violation of human freedom and constitutional limits. The state continues to extort the working class to fund foreign militaries and interventions, regardless of the populist rhetoric spilling from Trump’s podium. This is not America First; it is the empire first, Israel first, Lockheed Martin first, and it is funded by the silent theft of the American citizen.

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Pete Hegseth Details Trump’s Orders for Department of War to Protect Nigerian Christians

Defense Secretary Pete Hegseth detailed President Donald Trump’s instructions for the Department of War to protect Christians in Nigeria who were being targeted and murdered by ISIS terrorists.

Giving some examples of what the establishment media does not focus on when it comes to President Trump and the Department of War, Hegseth pointed to the plight of Christians in Nigeria.

“I just want to note one more thing to give you a sense of how committed this president is. Maybe a year ago he heard the call of Nigerian Christians who were being targeted and killed by ISIS in Nigeria, and he said, ‘Pete, I want the War Department to focus on ensuring that we do everything we can to protect those Christians,’” Hegseth revealed during Tuesday’s Cabinet meeting.

“Partnerships like that can take time behind the scenes, but he never wavered on it,” he continued, explaining that they put out their assets and have successfully killed one of the ISIS heads inflicting harm on Nigerian Christians.

“Over the last month — and there hasn’t been much coverage of this — we killed ISIS’ number two in Nigeria, who is most responsible for killing Christians and trying to target the U.S. homeland, and have since — because of the intel we gathered — killed hundreds of ISIS members who were targeting and killing Christians in Nigeria, creating a whole new opportunity there,” the secretary revealed.

“So, there’s a lot of things we do that the media pays attention to, and a lot of things the President empowers the department to do on behalf of the American people that he deserves great credit for,” Hegseth continued, noting that the American people are happy with what the president is doing as evidenced by the increased recruitment rates.

“Thanks to the investments that you’ve made in this department, firing on all cylinders for the second year in a row, we’re at historic recruitment rates,” Hegseth said. “Last year we said that here, this year we beat it even faster. The American people are excited about what you’re bringing to our department.”

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