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Ackman: Trump's 10% Credit Card Rate Cap 'a Mistake'
U.S. ?hedge fund manager Bill Ackman said on Friday that U.S. President Donald Trump's call for a one-year ?cap on credit card interest rates ?at 10% starting on Jan. 20 "is a mistake."
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Minn. Fraud Agency Chair to Newsmax: Luxury Buys Tied to Alleged Somali Fraud
State Rep. Kristin Robbins, R-Minn., chair of the Minnesota House Fraud Prevention and State Agency Oversight Policy Committee, told Newsmax on Friday that Minnesota is facing what she called an "unconscionable" wave of taxpayer-funded fraud.
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N.Y. Sues Trump WH Over Pause on Offshore Wind Projects
New ?York's attorney general sued the Trump administration Friday for suspending construction on two major offshore wind projects that the state says it needs to power 1 million homes and reduce its reliance on fossil fuels.
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Judge Blocks Trump Order Impacting Vote-By-Mail States
A federal judge in Seattle on Friday blocked the Trump administration from enforcing most of an executive order on elections against vote-by-mail states Washington and Oregon.
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Dems Float Noem Impeachment After Minneapolis ICE Shooting
The winds of impeachment are blowing again on Capitol Hill, as outraged Democrats demand accountability from Homeland Security Secretary Kristi Noem following Wednesday's fatal shooting involving an Immigration and Customs Enforcement agent in Minneapolis.
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Dick Morris to Newsmax: 10 Percent Cap Delivers 'Affordability'
Just ahead of President Donald Trump's announcement that he would cap credit card interest rates at 10%, adviser Dick Morris told Newsmax on Friday that he also favors setting the limit at 10%.
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Peter Navarro to Newsmax: MAGA-Nomics Cures Inflation, Lifts GDP
Peter Navarro told Newsmax on Friday that "MAGA-nomics" is driving an economic growth rebound and "curing" former president Joe Biden's inflation, as the Atlanta Fed's GDPNow model jumped to a five percent-plus estimate for late 2025.
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Bessent: Treasury Can Cover Tariff Refunds
The U.S. Treasury has more than adequate funds to pay any tariff refunds ordered if the Supreme Court rules against President Donald Trump's emergency tariffs, but any repayments would be spread out over weeks or even a year, Treasury Secretary Scott Bessent told Reuters.
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Trump Vows 1-Year Cap on Credit Card Rates at 10 Percent
President Donald Trump made a Friday night announcement that would save hundreds of millions of dollar for the millions of Americans buried in credit card debt.
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Bessent Says Overseas Money Transfers Are Fine If People Can Prove Origin of Funds
The U.S. Treasury Department's plan to increase scrutiny of overseas ?transfers of money should not harm people who can prove the funds did not come from social service payments, U.S. Treasury Secretary Scott Bessent told Reuters on Friday.
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Bessent: Australia, India Invited to G7 Minerals Talks
Treasury Secretary Scott Bessent said Australia ?and several other countries would join a meeting of finance ministers from the Group of Seven advanced economies that he is hosting in Washington on Monday to discuss critical minerals.
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Washington National Opera Bows Out of Kennedy Center
The Washington National Opera announced Friday that it had decided to end its arrangement with the Kennedy Center in the nation's capital, though it said it was hoping for an "amicable transition."
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Exxon Mobil CEO: Venezuela's Resources Offer 'Opportunity'
ExxonMobil CEO Darren Woods said the company needs to deploy a technical team to Venezuela to assess the condition of the country's deteriorated oil infrastructure, signaling early interest in a potential return following the capture of Venezuela's longtime strongman.
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Conservative Group Pulls Support for GOP Backing Healthcare Bailout
A leading conservative advocacy group announced Friday it will no longer support the 17 House Republicans who voted in favor of restoring expired Affordable Care Act subsidies.
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Judge Blocks Trump Freeze on Child Care Funds in 5 States
A federal judge in New York temporarily blocked the Trump administration from freezing more than $10 billion in federal social services funding earmarked for New York, California, Minnesota, Illinois, and Colorado.
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Report: WH Flagged Ex-Rep. Greene to Secret Service
The White House alerted the Secret Service that former Georgia Rep. Marjorie Taylor Greene may have tipped off protesters ahead of President Donald Trump's unannounced appearance at a Washington, D.C., restaurant last fall, Axios reported Friday.
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Court Orders Trump Admin to Fund CFPB Watchdog
Citing a ?court order, the Trump administration said on Friday it will fund the Consumer Financial Protection Bureau with $145 million, a reversal that ends an 11-month battle that pushed the consumer watchdog toward insolvency.
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Attorneys Seek High Court Stay of Calif. Gender Secrecy Law
Attorneys representing California parents and teachers asked the U.S. Supreme Court to immediately block enforcement of the state's school "gender secrecy" policies, arguing they unlawfully require schools to withhold crucial information from parents about their...
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Stephen Moore to Newsmax: Schumer Shutdown Cost Trump a 6% GDP
Economist Stephen Moore argued on Newsmax on Friday that a record jump in the Federal Reserve Bank of Atlanta's GDPNow estimate shows the economy is surging despite last fall's federal shutdown.
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Comic Mulaney Postpones Minneapolis Shows Amid Unrest
Comedian John Mulaney has postponed three shows scheduled for this weekend in Minneapolis, saying the city feels "unsafe" in the aftermath of Wednesday's fatal shooting of a U.S. citizen by a federal immigration officer.
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Trump to Meet With Venezuela's Machado Next Week at WH
President Donald Trump on Friday confirmed that Venezuelan opposition leader and 2025 Nobel Peace Prize laureate María Corina Machado is expected to visit the White House next week, saying he looks forward to meeting her and hearing her views on Venezuela's future.
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Dershowitz to Newsmax: Trump's Venezuela Strike Constitutional
Harvard University professor emeritus Alan Dershowitz said on Newsmax on Friday that President Donald Trump acted within his constitutional authority in a U.S. military operation in Venezuela.
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Trump Hails 5.4 Percent Growth, Warns of Shutdown
President Donald Trump touted a positive economic report amid warnings of another potential government shutdown Friday.
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Trump: We'll Protect Law Enforcement From Agitators
President Donald Trump on Friday said he is focused on protecting law enforcement from agitators, while stopping short of endorsing claims that anti-ICE protesters in Minneapolis were part of a coordinated nationwide left-wing network.
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Trump: Denmark Can't Claim Greenland for 'Landing a Boat'
President Donald Trump said Friday that Denmark cannot claim to own Greenland just because "they had a boat land there 500 years ago."