Chevron CEO Dismisses Recession Concerns, Praises Trump’s Economic Policies https://trendingpoliticsnews.com/chevron-ceo-dismisses-recession-concerns-praises-trump-cmc/ During an appearance on Fox News’ Sunday Morning Futures, Chevron CEO Mike Wirth praised President Donald Trump’s economic plan and dismissed recent concerns over the threat of a recession. Fox News host Maria Bartiromo asked for Wirth’s take on the overall health of the economy after a first quarter GDP retraction of 0.3 percent. “Mike, what are you seeing in terms of the economy right now?” she asked. “Well, we’re really not seeing in the data that we look at from our business signs that would signal a recession is imminent,” the Chevron CEO responded. “I think the first-quarter GDP numbers were distorted by some of the trading patterns that occurred relative to imports in the quarter and how those are treated in the calculation. We’re still seeing pretty robust demand through the first quarter.”
For fuel, because of pre-tariff panic buying of goods. That ‘robust demand’ Wirth’s talking about is just panic buying ahead of Trump’s tariff edicts. It’s not a sign of a healthy economy, it’s a sign people are bracing for impact.
Trump Orders Reopening Of Notorious Alcatraz Prison https://trendingpoliticsnews.com/new-trump-orders-reopening-of-notorious-alcatraz-prison-cmc/ President Donald Trump announced Sunday that he will be directing the federal government to reopen and expand the notorious island prison of Alcatraz in California. “For too long, America has been plagued by vicious, violent, and repeat Criminal Offenders, the dregs of society, who will never contribute anything other than Misery and Suffering,” the president wrote in a Truth Social post titled “REBUILD, AND OPEN ALCATRAZ!”
Yeah, the tourist industry be damned for a generation of criminals who've never even heard of Alcatraz. Been a long time since Sean Connery and Nick Cage. Oh and four times the cost when it closed as too expensive and not needed. Federal prisons have been under capacity for years. The city will sue.
Trump wanted Ukraine minerals deal to get ‘leverage’ over Russia, Bessent says https://nypost.com/2025/05/05/us-ne...eal-to-get-leverage-over-russia-bessent-says/ President Trump signed off on last week’s minerals deal with Ukraine to get more “leverage” over Russia in peace negotiations — on top of getting the US money in exchange for aid provided to Kyiv, Treasury Secretary Scott Bessent said Monday. “The economic partnership was his idea, and he believed that it would do several things,” Bessent said during his keynote address at the Milken Institute Global Conference in Los Angeles. “It would create more leverage for him with the Russian leadership when it was time to go to them. So the idea was, start with Ukraine, sign a deal that shows that there is no daylight between the US and Ukrainian people,” he said.
Trump Unveils ‘Major’ Trade Deal To Be Announced Tomorrow Morning https://trendingpoliticsnews.com/ju...e-deal-announcement-for-tomorrow-morning-cmc/ President Donald Trump announced Wednesday that he will be announcing a “major trade deal” from the Oval Office at 10 a.m. Eastern Time on Thursday morning. “Big News Conference tomorrow morning at 10:00 A.M., The Oval Office, concerning a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY,” the president announced in a Truth Social post. “THE FIRST OF MANY!!!”
Here's a leader for ya-- Trump Secures Massive Tariff Deal With The U.K. https://trendingpoliticsnews.com/just-in-trump-confirms-massive-trade-deal-with-the-u-k-mstef/ The White House has revealed that its second trade deal will be made with the United Kingdom, news that sent markets into positive territory Thursday morning.