Final week was a whirlwind of stories, with main developments unfolding from the White Home to El Salvador. From Elon Musk’s new authorities position to President Trump’s newest tariff imposition, the weekend was filled with tales that saved us on our toes. Right here’s a fast recap of the highest tales.
Elon Musk’s New Authorities Function
Elon Musk has been appointed as a “particular authorities worker” by the White Home. Musk’s new position, main Trump’s cost-cutting initiative, the Division of Authorities Effectivity, has sparked considerations amongst some businesses and Democratic lawmakers. The billionaire’s appointment permits him to probably bypass sure disclosure guidelines relevant to common authorities staff.
Learn the total article right here.
Trump’s Tariffs on High Buying and selling Companions
President Donald Trump imposed tariffs on America’s three largest buying and selling companions – Canada, China, and Mexico. Whereas economists warn about potential damaging impacts, macro strategist Craig Shapiro argues that these tariffs might function a instrument for transitioning the U.S. economic system to a extra sustainable future.
Learn the total article right here.
Bukele’s Jail Proposal
El Salvador’s President Nayib Bukele has supplied to incarcerate convicted criminals from the U.S. in his nation. This proposal, praised as “unprecedented” by U.S. Secretary of State Marco Rubio, might make El Salvador’s jail system sustainable.
Learn the total article right here.
DOGE Scandal
Marko Elez, a Division of Authorities Effectivity employees member, resigned following revelations of his involvement with a racist social media account. This comes amid a authorized dispute involving Elez’s entry to delicate Treasury Division knowledge.
Learn the total article right here.
Chevron’s Venezuela Enterprise
The Trump Administration is in talks with Chevron Corp CVX over the corporate’s enterprise in Venezuela. The administration might probably revoke Chevron’s license to function within the nation.
Learn the total article right here.
Learn Subsequent:
Photograph courtesy: Shutterstock
Market Information and Knowledge delivered to you by Benzinga APIs
© 2025 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.
