Tag: Trump

  • Trump confronts Bank of America CEO over fair banking for conservatives

    Trump confronts Bank of America CEO over fair banking for conservatives

    President Donald Trump called out Bank of America CEO Brian Moynihan at the World Economic Forum (WEF) on Thursday, accusing the bank of not offering banking to conservatives.

    “You’ve done a fantastic job,” Trump told Moynihan during a question and answer session, “but I hope you start opening your bank to conservatives, because many conservatives complain that the banks are not allowing them to do business within the bank – and that included a place called Bank of America… They don’t take conservative business.”

    Bank of America Chairman and CEO Brian Moynihan is optimistic about the economic environment under a second Trump administration. (FOX Business/Getty Images / FOXBusiness)

    “And I don’t know if the regulators mandated that because of [President Joe] Biden or what,” Trump continued, “But you and [JPMorgan CEO Jamie Dimon] and everybody – I hope you’re going to open your banks to conservatives, because what you’re doing is wrong.”

    This is a developing story. Check back for updates.

  • Trump outlines tax cuts, tells World Economic Forum ‘make your product in America’

    Trump outlines tax cuts, tells World Economic Forum ‘make your product in America’

    President Donald Trump on Thursday delivered remarks virtually to the World Economic Forum in Davos, Switzerland, in which he discussed how his tax plans will look to incentivize companies to make products in America or face tariffs.

    “To further unleash our economy, our majorities in the House and Senate, which we also took along with the presidency, are going to pass the largest tax cut in American history, including massive tax cuts for workers and families and big tax cuts for domestic producers and manufacturers,” Trump said. 

    Portions of the original Trump tax cuts – including the lower tax rates for individuals as well as the expanded standard deduction and child tax credit – are due to expire at the end of 2025 if they’re not extended. Trump said, “We’re working with the Democrats on getting an extension of the original Trump tax cuts, as you probably know by just reading any paper.”

    “My message to every business in the world is very simple: come make your product in America and we will give you among the lowest taxes of any nation on earth. We’re bringing them down very substantially, even from the original Trump tax cuts,” the president said.

    TRUMP DRAWS BIG INVESTMENTS IN U.S.A. SINCE ELECTION WIN

    President Donald Trump outlined his tax plans in a speech to the World Economic Forum and urged companies to make products in America to avoid tariffs. (Scott Olson/Getty Images / Getty Images)

    “But if you don’t make your product in America, which is your prerogative, then very simply you will have to pay a tariff,” he said. “Differing amounts, but a tariff, which will direct hundreds of billions of dollars and even trillions of dollars into our treasury to strengthen our economy and pay down debt.”

    Trump campaigned on an across-the-board tariff on all imports in the 10% to 20% range, along with a 60% levy on goods from China. 

    Since taking office, he indicated he’s planning to start with a 10% tariff on China, plus 25% tariffs on Canada and Mexico that could begin as early as Feb. 1.

    JAMIE DIMON SAYS TARIFFS CAN BE POSITIVE FOR NATIONAL SECURITY, EVEN IF INFLATIONARY: ‘GET OVER IT’

    Trump speaks with SoftBank CEO

    U.S. President-elect Donald Trump delivers remarks next to Chairman and CEO of SoftBank Masayoshi Son, at Mar-a-Lago in Palm Beach, Fla., on Monday, Dec. 16. (Reuters/Brian Snyder / Reuters)

    “Under the Trump administration, there will be no better place on earth to create jobs, build factories, or grow a company than right here in the good old USA,” the president told the Davos audience.

    Trump went on to cite several recent investment announcements as signs of growing business optimism about the U.S. economy, including several investment deals he helped facilitate.

    SAUDI PRINCE EYES $600B INVESTMENT IN US OVER NEXT 4 YEARS: REPORT

    President Donald Trump and Saudi Arabia's Crown Prince Mohammed bin Salman

    Saudi Arabia’s Crown Prince Mohammed bin Salman shakes hands with U.S. President Donald Trump, at the G20 leaders summit in Osaka, Japan, June 29, 2019. (Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS/File photo / Reuters Photos)

    “SoftBank has announced between a $100 and $200 billion investment in the U.S. economy because of the election result, and just two days ago, Oracle, SoftBank and OpenAI announced a $500 billion investment in AI infrastructure,” he said.

    “Other companies likewise have announced billions and billions and billions adding up to trillions of investment in America,” Trump continued. Among those other deals is a $20 billion investment by UAE-based firm DAMAC, which is planning to build data centers in the Sun Belt and Midwest.

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    “And it’s also reported today in the papers that Saudi Arabia will be investing at least $600 billion in America, but I’ll be asking the crown prince – who’s a fantastic guy – to round it out to around $1 trillion,” the president said. “I think they’ll do that because we’ve been very good to them.”

  • House GOP firebrand invokes Trump while mulling gubernatorial run in South Carolina: ‘I’m a fighter’

    House GOP firebrand invokes Trump while mulling gubernatorial run in South Carolina: ‘I’m a fighter’

    Rep. Nancy Mace says if she moves ahead and launches a 2026 Republican run for South Carolina governor, she’ll aim “to lock down support” from President Trump.

    “I had Pres. Trump’s endorsement in the House and I am working hard to lock down support in this race. He said I am a strong conservative voice, he knows I’m a fighter,” Mace said Thursday in a statement to Fox News Digital.

    A day earlier, Mace took to social media to reiterate what she first told the AP, that’s she’s seriously considering a gubernatorial run in the race to succeed GOP Gov. Henry McMaster, who is term-limited.

    WHY NANCY MACE CHALLENGED DEMOCRATIC CONGRESSWOMAN TO ‘TAKE IT OUTSIDE’ 

    Rep. Nancy Mace (R-South Carolina) arrives for a House Republican caucus meeting at the U.S. Capitol on November 19, 2024 in Washington, DC.  (Kevin Dietsch/Getty Images)

    “President Trump needs bold leaders to implement his agenda in every state across the nation. It will take grit. It will take strength. It will take hard work. I can confirm, affirmative, yes, we are considering a run in 2026. South Carolina First,” Mace said in her social media post.

    Mace, who was first elected to the House in the 2020 election, didn’t vote to impeach Trump for inciting the Jan. 6, 2021 storming of the U.S. Capitol by right-wing extremists and other Trump supporters who aimed to disrupt congressional certification of former President Biden’s 2020 election victory.

    HEAD HERE FOR THE LATEST NANCY MACE OPINION PIECES ON FOX NEWS

    But she later blamed Trump for the attack on the U.S. Capital, and in 2022 faced – but survived – a Republican primary challenge from a rival backed by Trump.

    Rep. Nancy Mace South Carolina

    Republican Rep. Nancy Mace of South Carolina speaks to supporters at a campaign event in Summerville, S.C., on June 12, 2022 (Fox News )

    Mace endorsed the former president as he ran for the 2024 GOP presidential nomination and campaigned for him in South Carolina’s crucial early voting presidential primary. 

    Trump returned the favor, backing Mace as she ran for re-election last year.

    Mace told Fox News Digital that “I’ve proven my leadership, from the state legislature to Washington, my bold conservative policies are rooted in the Constitution, liberty, small government, and common sense.”

    “I believe in a government small enough to fit into the Constitution,” she added.

    2026 GOVERNORS RACES: RAMASWAMY DONE AT DOGE, EXPECTED TO LAUNCH OHIO GUBERNATORIAL CAMPAIGN IN DAYS

    And Mace emphasized that “I kick ass and take names from South Carolina to DC and back, that’s the leadership the Palmetto State is looking for.”

    Mace recently made headlines by introducing a resolution to ban transgender women from using women’s bathrooms at the U.S. Capitol or the adjoining House office buildings. It’s an issue of high interest to many voters on the right.

    Nancy Mace speaks on Day 3 of the Republican National Convention

    Rep. Nancy Mace speaks on Day 3 of the Republican National Convention, at the Fiserv Forum in Milwaukee, Wisconsin, on July 17, 2024.  (REUTERS/Mike Segar)

    Trump is very popular in Republican-dominated South Carolina, and his endorsement in a GOP gubernatorial primary would be immensely influential among the state’s conservative electorate.

    Attorney General Alan Wilson, Lt. Gov. Pamela Evette, and state Sens. Josh Kimbrell and Sean Bennett are among those also considering gubernatorial bids.

    It’s going to be a crowded field, veteran South Carolina-based Republican consultant Dave Wilson told Fox News. “There’s going to be a lot of people who are going to throw their hat in the ring.”

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    “It’s going to be a battle of the conservatives – how conservative you can be in South Carolina,” Wilson emphasized.

    McMaster, another top Trump ally, is on track to become South Carolina’s longest serving governor. The then-lieutenant governor succeeded Gov. Nikki Haley in 2017 when she stepped down to become ambassador to the United Nations in Trump’s first term. McMaster went on to win election in 2018 to a full four-year term, and re-election in 2022.

  • New Republican leader Lisa McClain talks messaging ‘playbook’ in the Trump era

    New Republican leader Lisa McClain talks messaging ‘playbook’ in the Trump era

    EXCLUSIVE: Leading the House Republican communications policy under a president like Donald Trump, who is known to frequently air his thoughts on the public stage, is likely not an easy task.

    But Rep. Lisa McClain, R-Mich., the new House GOP Conference Chair, argues that the outspoken commander-in-chief makes her job easier – in part, because of his simple but ubiquitous tagline.

    “If you take a look at the last election cycle, Republicans had the winning message, and it was simple, it was consistent, and it was easily repeatable, right?” McClain said. “So, ‘Make America Great.’ Make America ‘blank’ again. Make America strong again. Make America energy independent. It was simple and it was concise. And the message worked so well that it didn’t matter if you were in a [moderate or heavily Republican] district.”

    “Everyone’s not trying to reinvent the wheel. They have a playbook that they can all sing from, so to speak.”

    REPUBLICAN LAWMAKERS MEET WITH PRESIDENT TRUMP, VP VANCE TO ADVANCE AGENDA

     Rep. Lisa McClain, R-Mich., is the new No. 4 House Republican leader (Tom Williams)

    McClain, now the No. 4 House GOP leader, has been in senior leadership for just over three weeks. But she’s largely shunned the solo stage that comes with the role in favor of shining that spotlight on lesser-known members of the GOP.

    She has co-authored op-eds with rank-and-file lawmakers and promoted interview opportunities on issues that affect their home states. McClain told Fox News Digital that she saw her job as elevating the existing qualities that helped members of the conference win their elections.

    “People want to help. They want to be engaged. They want to feel part of something. And I think my job as conference chair, I can help give them a platform,” she said. 

    Like Trump, she made her living in business before coming into politics. Before being elected to Congress in the 2020 races, McClain ran a 700-person financial planning company in her home state of Michigan.

    Asked why she decided to run, McClain joked, “I blame it on my daughter.”

    WHITE HOUSE OPM ORDERS ALL DEI OFFICES TO BEGIN CLOSING BY END OF DAY WEDNESDAY

    Trump mar-a-lago

    McClain said President Trump’s messaging style makes her job easier. (AP Photo/Evan Vucci)

    “So we have Sunday dinner, and that’s kind of my time to hold court,” she recalled. “I was on my soapbox about something. And my daughter Ryan looked at me…’You can either be part of the problem or part of the solution.’ She was being sassy. ‘Why don’t you run for Congress and do something about it?’ So that kind of planted the seed.” 

    But since being elected, McClain said she’s carried at least one lesson over from the business world – relationships.

    “We are stronger together as a team. And the more people you have on the team, the better you are,” she said.

    Just this week, she and a team of House GOP leaders sat down with Trump to discuss his agenda.

    Those relationships extend past her fellow lawmakers, however. 

    House Republican leadership

    McClain will now be a regular presence at the House GOP weekly leadership press conference, alongside Speaker Mike Johnson, Majority Leader Steve Scalise, and Majority Whip Tom Emmer. (Getty Images)

    Her predecessor, Rep. Elise Stefanik, R-N.Y. – whom McClain heaped praise on during her interview – was known to operate with a tight circle and largely kept the media at arm’s length.

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    But McClain is known for her open demeanor with journalists, both through informal chats on Capitol Hill and occasionally sparring with members of the media on more difficult issues.

    “You want to tell a story, I also want to tell a story. So if we work together, as long as we’re fair or respectful to each other, I think we can work together to help shape that narrative on what the story is we’re trying to tell,” McClain said. “Because at the end of the day, if I don’t share my narrative with you on what’s the story we’re trying to tell, you’re going to come up with a story on your own. So why wouldn’t we work together to share that story? It just makes sense.”

  • Trump wants to fix the housing affordability crisis: Can he?

    Trump wants to fix the housing affordability crisis: Can he?

    Within his first few days in office, President Donald Trump issued an emergency order directing the heads of all executive departments and agencies to “deliver emergency price relief,” which he emphasized would include lowering the cost of housing and expanding supply. 

    “It is critical to restore purchasing power to the American family and improve our quality of life,” an executive action signed by Trump on Monday read.

    The Trump administration cited regulatory requirements as a main driver why so many Americans are unable to purchase homes. In his first term, Trump reduced regulatory costs by almost $11,000 per household, the White House said in a fact sheet. 

    THESE WERE THE MOST EXPENSIVE HOMES SOLD IN 2024, ACCORDING TO REDFIN

    Real estate experts are in agreement that the housing crisis is a problem the federal government cannot solve alone and that several levels of government need to be involved to make a significant change. 

    “Trump’s plan to cut regulatory red tape focuses on construction costs, but most housing regulations, like zoning laws and permitting, are controlled by local governments. The federal government has limited authority here, so meaningful change would likely require incentivizing local governments or taking unprecedented federal actions, such as overriding local zoning laws,” Redfin chief economist Daryl Fairweather told FOX Business.

    Still, several experts agree Trump can put immense pressure on the issue to move the needle.

    Single-family homes in a residential neighborhood in Aldie, Virginia, on May 22, 2024. (Photographer: Nathan Howard/Bloomberg via Getty Images / Getty Images)

    Realtor.com chief economist Danielle Hale told FOX Business that the U.S. is facing a deficit between 2.5 million and 7.2 million homes, which underscores the dire need to build more housing. She said regulatory requirements, which can add significant costs to building and have been a barrier to ramping up supply, are a good place to start. 

    For one, about $90,000 of the cost of new construction is due to regulation and regulatory compliance, Hale estimated. 

    HOW EXTREME WEATHER, HIGH HOME PRICES COULD AFFECT THE 2025 HOUSING MARKET

    “With new construction just over $400,000, that’s a pretty hefty percentage. That suggests there’s some room to address this regulation,” Hale said. “Maybe we can take a review of these regulations and find areas where maybe we can cut back on some of the rules or fees associated with those regulations to improve the outcome and enable builders to not just build more housing, but build it more quickly and more cost effectively.” 

    Noel Roberts, founder of real estate firm Pending, which specializes in off-market transactions, also believes that the key to making housing affordable is increasing supply. 

    Residential neighborhood in Crockett, California

    Residential homes in Crockett, California, on June 6, 2024. (Photographer: David Paul Morris/Bloomberg via Getty Images / Getty Images)

    “Over the last few years, many would-be sellers have remained on the sidelines due to high rates locking them into their current mortgages,” Roberts told FOX Business, adding that he has hundreds of millions worth of off-market inventory with owners that are open to selling, but not ready to list publicly.”

    THESE WERE THE MOST EXPENSIVE HOMES SOLD IN 2024, ACCORDING TO REDFIN

    While he agrees Trump “can’t wave a wand” to solve the housing crisis, Roberts believes his track record shows that Trump’s policies, rhetoric and pressure on the Federal Reserve can influence key economic levers such as lower prices and lower mortgage rates.

    “If he can exert influence over the Fed to lower rates and spur economic growth, there’s a pathway to improving conditions for homebuyers,” Roberts said. 

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    Fairweather also noted that the federal government can influence housing affordability through mortgage policy, potentially by privatizing Fannie Mae and Freddie Mac, both of which have operated under U.S. government control since 2008, reducing mortgage fees and easing access to mortgages to make homeownership more attainable.

    Trump has mentioned plans to privatize the mortgage giants.

    Reuters contributed to this report. 

  • ‘Stealing American jobs’: Anti-CCP group unleashes ad demanding GOP lawmakers back Trump on saving US farms

    ‘Stealing American jobs’: Anti-CCP group unleashes ad demanding GOP lawmakers back Trump on saving US farms

    FIRST ON FOX: A group focused on combating the influence of China in the United States has launched a major ad buy to push state Republicans to move on President Trump’s agenda related to the threat China poses to U.S. agriculture.

    The Protecting America Initiative, which bills itself as a “coalition of concerned American citizens and public policy experts who are committed to stopping Chinese influence in the states,” launched a five-figure ad buy for the one-minute ad set to run in key agricultural states warning of China’s push to “control the U.S. agriculture industry.”

    “The CCP (Chinese Communist Party) is buying up farmland across our country,” the ad says. “Stealing American jobs: Communist China is moving in to control the agricultural industry. This new war is happening right now without armies or any shots being fired. Who will dominate the world’s food supply? China is on the rise.”

    “We’re being ripped off at levels that nobody’s ever seen before,” Trump says in a clip in the ad before the narrator says, “Republicans in the states need to step up and help President Trump combat the CCP.”

    DAVID MARCUS: CHINA ALREADY PLAYED US WITH TIKTOK. LET’S NOT MAKE IT WORSE

    Trump vowed on the campaign trail to protect U.S. farmers from Chinese advancement. (Getty Images)

    A farmer is featured in the ad with a clip from a Fox News interview in which he explains that “we all feel that we’ve been forgotten about here.”

    “We just want Trump to keep doing what he’s doing: Put America first,” the farmer, Pennsylvania GOP state Rep. Eric Davanzo, continues. “Make sure that America’s food is safe right here and make sure that we have the land and the opportunity to produce and grow our food here.”

    TRUMP WANTS TO VISIT CHINA AGAIN AFTER HE TAKES OFFICE: REPORT

    Xi Jinping

    Chinese President Xi Jinping (Getty Images/File)

    “Tell Republicans to stand with Trump and protect America’s food supply,” the closing line of the ad states. 

    The ad will be placed on national cable channels, including Fox News, in the key agricultural states of Missouri, Iowa, Georgia and Idaho.

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    China's national flag

    China’s national flag (Adek Berry/File)

    Last year, the Protecting America Initiative released polling it said demonstrated that the “overwhelming majority of Americans are concerned about the CCP’s threat to the United States’ national security, food security, infrastructure, and higher education, and influence over our elected officials.”

    Fox News Digital reported last year that the USDA’s most recent data suggests that, as of 2021, foreign investment in U.S. agricultural land grew to approximately 40 million acres. Additionally, Chinese agricultural investment in the U.S. increased tenfold between 2009 and 2016 alone.

    The increasing number of land purchases has sparked concern that foreign companies and investors, particularly those from China, may be establishing a stranglehold on key U.S. food and energy supplies.

    “The Chinese national government, or some people say the Chinese Communist Party, has been about acquiring all manner of assets, not just in the United States but around the world, to control all sorts of resources,” GOP Rep. Frank Lucas of Oklahoma told Fox News Digital in a 2023 interview. “I would argue that, in addition to the importance of national security – the guns and the bullets and the planes and the resources to defend ourselves – if we cannot feed ourselves, then we are lost.”

    Fox News Digital’s Thomas Catenacci contributed to this report.

  • Putin reportedly concerned over Russia’s economy ahead of possible Trump tariffs

    Putin reportedly concerned over Russia’s economy ahead of possible Trump tariffs

    Russian President Vladimir Putin is reportedly worried about the state of his country’s economy as President Donald Trump returns to the Oval Office. According to a Reuters report citing five sources, Trump’s push to end the war in Ukraine is only adding to Putin’s concerns.

    Throughout his campaign, Trump pushed to end world conflicts, including the Russia-Ukraine war, which began with Putin’s 2022 invasion.

    “I really do have a lot of confidence in his [Trump’s] ability to actually get to a position where this war is actually over,” Lt. Gen. Keith Kellogg, Trump’s pick for envoy to Ukraine & Russia, told “America Reports.”

    Russian President Vladimir Putin and President Donald Trump. (Contributor/Rebecca Noble/Getty Images)

    Russia’s economy has thrived despite international sanctions due to its oil, gas and mineral exports, but, according to Reuters, labor shortages and high interest rates have put strain on the economy. These challenges have allegedly led Russia’s elite to see a negotiated settlement with Ukraine as prudent, Reuters reported, citing two sources.

    “There are problems, but unfortunately, problems are now the companions of almost all countries of the world,” Kremlin spokesman Dmitry Peskov told Reuters. “The situation is assessed as stable, and there is a margin of safety.”

    In the same conversation with Reuters, Pskov reportedly acknowledged “problematic factors” in Russia’s economy, but said it was able to meet “all military requirements incrementally.”

    Ukraine Army Training in Kyiv

    Members of Ukraine’s Territorial Defense Forces, volunteer military units of the Armed Forces, train in a city park in Kyiv, Ukraine. (AP/Efrem Lukatsky)

    PUTIN SAYS RUSSIA READY TO COMPROMISE WITH TRUMP ON UKRAINE WAR

    Last month, Putin said he was ready to compromise over Ukraine in possible talks with U.S. President-elect Donald Trump on ending the war and had no conditions for starting talks with the Ukrainian authorities.

    “We have always said that we are ready for negotiations and compromises,” Putin said at the time, after saying that Russian forces, advancing across the entire front, were moving toward achieving their primary goals in Ukraine.

    “In my opinion, soon there will be no one left who wants to fight. We are ready, but the other side needs to be ready for both negotiations and compromises.”

    Chinese president Xi Jinping meets with Vladimir Putin

    President Vladimir Putin and Chinese President Xi Jinping shake hands before a meeting at the Kremlin in Moscow, Russia. (AP/Russian Presidential Press Office via AP)

    PUTIN, XI VOW TO ‘DEEPEN’ ALLIANCE HOURS AFTER TRUMP RE-ENTERS THE WHITE HOUSE

    Putin has made major foreign policy moves in preparation for the possible consequences of Trump’s return, including fortifying ties with Iran and China. On Jan. 21, less than a day after Trump entered office, Putin and Chinese President Xi Jinping pledged to “deepen strategic coordination.”

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    Recently, Russia and Iran signed a partnership pact, which caused concern with the US and its allies. Russian Foreign Minister Sergei Lavrov claimed the treaty was “not directed against anyone,” comparing it to the country’s 2024 agreement with North Korea.

  • Sports radio legend thinks Melania Trump is ‘stunning’ but no fan of her hat at inauguration

    Sports radio legend thinks Melania Trump is ‘stunning’ but no fan of her hat at inauguration

    Sports radio legend Mike Francesa suggested on Wednesday that he was enthralled with first lady Melania Trump’s style at the inauguration, but he did not like one aspect of her outfit.

    Trump donned a dark navy coat and hat with a white stripe, dark navy heels and black gloves as she and President Donald Trump attended a prayer service at St. John’s Episcopal Church before they arrived for the inauguration festivities.

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    President Donald Trump kisses Melania Trump as he arrives for the inauguration ceremony before he is sworn in as the 47th president in the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. (Saul Loeb/Pool via REUTERS)

    Francesa was no fan of Melania’s hat.

    “Melania is stunning. She has great clothes. She’s a beautiful woman. I did not like her hat,” he said on his podcast. “And I usually like hats, on women, especially on someone as stylish as she is. I did not like her hat at all. That was very odd. I just did not like her hat.”

    The president even had a tough time dealing with his wife’s hat. When they entered the Capitol Rotunda, he was seen trying to give her a kiss on the cheek, but it appeared the hat ever-so-slightly blocked his attempt.

    WARRIORS’ STEVE KERR AVOIDS WATCHING TRUMP INAUGURATION TO STUDY CELTICS; GOLDEN STATE LOSES BY 40

    Mike Francesa watches St. John's

    Sports radio talk show host Mike Francesa at Carnesecca Arena on Feb. 18, 2023. (Wendell Cruz-USA TODAY Sports)

    Regardless, Trump’s second term as president was off from there.

    Earlier Wednesday, the president and first lady celebrated their 20th wedding anniversary.

    In 2005, well before real-estate developer Trump became the 45th and now the 47th president of the United States, he married his fiancé, model Melania Knauss, at a 350-guest wedding ceremony at the Episcopal Church of Bethesda-By-the-Sea in Palm Beach, Florida. The couple met in 1998 at a party in New York City.

    The luxurious wedding was described at the time as fit for royalty — from the spectacular gown Melania Trump wore to the immaculately decorated reception at Trump’s private club.

    U.S. President-elect Donald Trump and his wife Melania Trump look on as they meet with U.S. President Joe Biden and first lady Jill Biden

    President-elect Donald Trump and his wife Melania Trump look on as they meet with President Biden and first lady Jill Biden on Inauguration Day of Donald Trump’s second presidential term in Washington, D.C., on Jan. 20, 2025. (Carlos Barria/Reuters)

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    The future first lady wore a $100,000 Christian Dior wedding gown. It consisted of a 13-foot train and a 16-foot-long veil covered in beading that reportedly took over 500 hours of hand sewing to create, according to published accounts of the event in The Palm Beach Post and The Palm Beach Daily News at the time.

    Fox News’ Pilar Arias and Sydney Borchers contributed to this report.

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  • ‘Totally prepared’: Trump allies say he’s better positioned than ever to enact agenda

    ‘Totally prepared’: Trump allies say he’s better positioned than ever to enact agenda

    President Donald Trump’s Republican allies in the House say he is better positioned than ever to enact his legislative agenda, entering the White House armed with nearly a decade’s worth of knowledge about Washington.

    “The first time, he was a great businessman, but he didn’t know Washington. He’s got it down now,” said Rep. Jeff Van Drew, R-N.J., a close ally of Trump’s who switched parties to better align with him during his first term. “He’s totally prepared for this. Last time he was learning. He’s learned. He’s ready to go.”

    Multiple House GOP lawmakers who served in Congress during Trump’s first term described a man who is returning to D.C. both with a triumphant electoral victory and a sharp understanding of how Capitol Hill and the wider D.C. network works.

    Several said the changes are manifesting in his and his team’s near-constant communication with Republican lawmakers and in the people he’s hiring for his team.

    REPUBLICAN LAWMAKERS MEET WITH PRESIDENT TRUMP, VP VANCE TO ADVANCE AGENDA

    President Trump’s allies say he’s returning to D.C. with a new mindset. (Fox News Digital/Trump-Vance Transition Team)

    “He knows now that Washington is generally going to push back, and they’re going to do what they want to do — whether you call it the deep state or the establishment or the uniparty. I think he’s very aware, and I think he’s comporting his actions to address those issues,” said Rep. Scott Perry, R-Pa. “He understands that personnel is policy, so he’s trying to get the right people in place, not because they’re loyal to him, but because they’re loyal to the agenda that the people want.”

    Within hours of being sworn in Monday, Trump held public events where he signed dozens of executive orders to enact promises he made on the campaign trail.

    All the while, he’s stayed in close contact with Speaker Mike Johnson, R-La., and Senate Majority Leader John Thune, R-S.D., as well as summoning a flurry of House Republicans to Mar-a-Lago earlier this month to discuss the GOP agenda.

    Rep. Marlin Stutzman, R-Ind., a former founding member of the House Freedom Caucus who served in the House from 2010 to 2017 and who is back for another term, noticed a marked difference from former Speaker Paul Ryan’s era.

    Mike Johnson

    Trump is much closer to Speaker Mike Johnson than he was to ex-Speaker Paul Ryan. (AP Photo/J. Scott Applewhite, File)

    “It didn’t seem he and Speaker Ryan were on the same page coming into Congress. I saw them have discussions about the election and rallies, and they just had different perspectives, which I think is unfortunate because it was a real missed opportunity for a lot of things to be done,” Stutzman said.

    “This time, he knows Washington, he has a great team he’s pulling together and I think his team will be that much more disciplined and focused on the four-year window to get as much done as possible.”

    Rep. Gary Palmer, R-Ala., a former member of House GOP leadership, also remarked on Trump’s focus on Congress.

    “His first term was clearly a populist campaign. He had really smart people, but they didn’t have any congressional experience,” Palmer said. “That’s not happening now. They’ve worked very closely with us. I feel like we’re all on the same page about what needs to be done.”

    WHITE HOUSE OPM ORDERS ALL DEI OFFICES TO BEGIN CLOSING BY END OF DAY WEDNESDAY

    Rep. Jeff Van Drew

    Rep. Jeff Van Drew, R-N.J., said Trump is “totally prepared.” (Bill Clark/CQ-Roll Call, Inc via Getty Images)

    Freshman Rep. Jeff Crank, R-Colo., who had been a talk radio host before his political career, noted that the media environment Trump walked into had been a more receptive one compared to 2016.

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    “He sort of broke the media complex. He seemed like – the media folks who in 2016 were resisting him, now they’ve realized, ‘Well, maybe this was censorship that we were doing, and that’s maybe not the best thing for our business model,’” Crank said. “But, whatever it is, they’ve sort of joined up with him, right, in a lot of ways.”

    A significant part of Trump’s D.C. education came during the four years he was out of office, Rep. Darrell Issa, R-Calif., a longtime ally, said. But he and others agreed that, at his core, Trump has not changed.

    “There’s no question that he is better than had he raced into a second term. He is the same man, though. He knows what he believes,” Issa said.

  • ‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators

    ‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators

    Democratic lawmakers grilled President Donald Trump’s pick to lead the Office of Management and Budget (OMB) on a series of issues Wednesday, ranging from abortion to the constitutionality of the Impoundment Control Act. 

    While Republicans argue that Russell Vought is qualified for the role because he served as Trump’s OMB director during the president’s first term, Democrats like Senate Minority Leader Chuck Schumer, D-N.Y., have labeled Vought an “ultra-right” ideologue. 

    Vought appeared before the Senate Budget Committee on Wednesday for a confirmation hearing and defended his previous statements that the Impoundment Control Act is unconstitutional — an issue Democrats claim should disqualify him from leading the Office of Management and Budget.

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    Russell Vought served as Trump’s director of the OMB from July 2020 to January 2021.  (Al Drago)

    The law, adopted in 1974, stipulates that Congress may oversee the executive branch’s withholding of budget authority, and affirmed that Congress holds the power of the purse. Ultimately, the law bars the executive branch from circumventing Congress and withholding appropriated funds.

    The first Trump administration and Vought have come under fire after the Office of Management and Budget held up $214 million in military aid for Ukraine in 2019, a decision that ultimately led to Trump’s first impeachment.

    “You’re quite comfortable assuming that the law doesn’t matter and that you’ll just treat the money for a program as a ceiling… rather than a required amount,” Senate Budget Committee ranking member Jeff Merkley said. “Well, the courts have found otherwise.”

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    Additionally, the Supreme Court also ruled in 1975 that the executive branch cannot impound funds without congressional oversight. 

    In that case, Train v. City of New York, the Supreme Court determined the Environmental Protection Agency must use full funding included in the Federal Water Pollution Control Act Amendments of 1972, even though then-President Richard Nixon issued orders not to use all the funding. 

    Lawmakers have pointed to this case in Vought’s confirmation hearings as further evidence that the executive branch cannot tie up funding Congress has approved. 

    Even so, Vought told lawmakers in multiple exchanges he believes the Impoundment Control Act is unconstitutional, because presidents historically could spend less than what Congress had approved prior to the Impoundment Control Act, and that Trump campaigned on that position.

    Russell Vought, U.S. President Trump's nominee to be director of the Office of Management and Budget (OMB), testifies before a Senate Budget Committee confirmation hearing

    U.S. Sen. Bernie Sanders questions Russell Vought, President Trump’s nominee to be director of the OMB, testifies before a Senate Budget Committee confirmation hearing on Capitol Hill in Washington, Jan. 22, 2025. (Kaylee Greenlee Beal/Reuters)

    Democrats aren’t the only ones worried about Vought’s views on the Impoundment Control Act. Senate Budget Committee chair Sen. Lindsey Graham, R-S.C., said he also shared some concerns and would disclose them at a markup hearing for Vought’s nomination. 

    Vought also faced questioning on his views regarding abortion, given his connection as an author of Project 2025, a political initiative The Heritage Foundation released in 2023 that called for policy changes, including instituting a national ban on abortion medication. 

    Other proposals included in Project 2025 include eliminating the Department of Education, cutting DEI programs, and reducing funding for Medicare and Medicaid. 

    “You have said that you don’t believe in exceptions for rape, for incest, or the life of the mother,” said Democratic Sen. Patty Murray of Washington. “Is that your position?”

    “Senator, my views are not important. I’m here on behalf of the president,” Vought said. 

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    Trump has repeatedly stated that he backs abortion in certain instances, and stated that “powerful exceptions” for abortion would remain in place under his administration.

    Meanwhile, Sen. Bernie Sanders, I-Vt., pressed Vought on whether healthcare is a “human right.” Sanders has previously introduced legislation called the Medicare for All Act that would establish a federal, national health insurance program. 

    “Do you think we should join every other major country on Earth and say, ‘You know what? Whether you’re poor, you’re rich, you’re young, you’re old, healthcare is a human right,’” Sanders said. “We have the richest country in the history of the world. Do you think we should do what every other major country on Earth does?”

    Vought declined to disclose specifics, but said that he believed it’s critical to provide “legitimate, evidence-based outcomes for people within the healthcare system, and to make sure that we tailor all of the dollars that are spent toward that.” 

    Russ Vought, the former Director of the White House Office of Management and Budget, speaks at CPAC 2020

    Russ Vought, pictured during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, U.S., on Saturday, Feb. 29, 2020. (Stefani Reynolds/Bloomberg via Getty Images)

    After serving as director of the Office of Management and Budget under the first Trump administration, Vought founded the Center for Renewing America in 2021. The organization claims its mission is to “renew a consensus of America as a nation under God,” according to its website. Vought also served as the vice president of Heritage Action for America. 

    Meanwhile, Senate Minority Leader Chuck Schumer, D-N.Y. said his meeting with Vought only exacerbated his concerns about the nomination. 

    “I walked out of the meeting even more deeply troubled,” Schumer said on the Senate floor on Wednesday. “Of all the extremists President Trump could have picked for OMB, he picked the godfather of the ultra-right.”

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    Vought has repeatedly told lawmakers that he would uphold the law and that his personal views aren’t important — carrying out Trump’s vision is what matters. 

    The OMB is responsible for developing and executing the president’s budget, as well as overseeing and coordinating legislative proposals and priorities aligned with the executive branch. 

    The Associated Press contributed to this report.