For decades, a core part of the Republican Party's identity was the whole-hearted embrace of free-market capitalism. Adam Smith's "invisible hand" of the market was understood to be infinitely preferable to government meddling. Lately, though, President Donald Trump has been having second thoughts. Forget the invisible hand -- what about, uh, Trump's hand? The second Trump administration has cut a revenue-sharing agreement with Nvidia, it's taken partial control of US Steel, it's considering taking a stake in Intel, and it's created a loyalty ranking system for US companies. And did we mention that Trump has taken to brow-beating companies into not raising their prices in response to tariffs?
Republicans in Congress managed to recess for the summer without voting on the issue, but it has continued to dog them and awaits them when they return. read more
MSNBC will have to take a new name in months to come as it seeks to carve out an identity that will have it competing for scoops and news with current corporate sibling NBC News. read more
In a series of actions this week, the president sought to expand the government's reach. read more
During her nine hours speaking with Deputy Attorney General Todd Blanche last month, Ghislaine Maxwell said nothing during the interview that would be harmful to President Donald Trump, telling Blanche that Trump had never done anything in her presence that would have caused concern, according to sources familiar with what Maxwell said. The Trump administration, meanwhile, is considering publicly releasing the transcripts from the interview, multiple sources familiar with the internal discussions told ABC News.
I agree in principle with OneLumperTwo. Hirohito was allowed the remain as emperor and Japan got to keep its sovereignty although it was subject to the Supreme Commander of the Allied Powers.
Now I gotta go lie down.