No Result
View All Result
  • Login
Wednesday, August 26, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

Trump was surging after the Venezuela raid—then came Jerome Powell, Greenland and Minnesota

by theadvisertimes.com
7 months ago
in Business
Reading Time: 4 mins read
A A
0
Trump was surging after the Venezuela raid—then came Jerome Powell, Greenland and Minnesota
Share on FacebookShare on TwitterShare on LInkedIn



President Donald Trump was riding high early this month after the U.S. military pulled off a stunning raid that captured dictator Nicolas Maduro.

But just three weeks later, he has run into significant resistance on multiple fronts, challenging his economic, foreign relations, and immigration agendas. The second deadly shooting in Minnesota at the hands of federal agents this weekend has unleashed broad outrage that could signal a tipping point.

“Starting to feel like we are in the midst of a historic hinge moment here,” political scientist Lee Drutman, a senior fellow at the New America think tank, posted on X.

Trump appeared to acknowledge his new reality, telling the Wall Street Journal on Sunday night that the administration is “reviewing everything” about the shooting and indicated willingness to eventually withdraw immigration officers from Minneapolis.

A retreat could hint at an eroding base after Trump enjoyed widespread support among Republicans for much of 2025 even as his aggressive tariffs shocked businesses and trading partners, including close U.S. allies.

But cracks emerged late in the year as November elections highlighted the affordability crisis and Congress ordered the release of the Epstein files on near-unanimous votes. Heavy redactions and the Justice Department’s failure to disclose all of the records by the deadline added to the tension.

The conversation quickly changed when Maduro was toppled as Trump basked in the U.S. military’s proficiency and his new ability to call the shots in Venezuela, despite grumblings that another foreign intervention strayed from his “America first” motto.

The Fed

Then two weeks ago, Federal Reserve Chairman Jerome Powell issued a defiant video statement that revealed he was facing a Justice Department criminal investigation related to a renovation project at the central bank’s headquarters.

It capped a long-running feud between Powell and Trump, who has repeatedly demanded that rates should be lower.

The backlash to the probe was swift as lawmakers sought to protect the Fed’s independence. Republican Sen. Thom Tillis vowed to block any nominations to the Fed, including for Powell’s replacement, until the case was resolved.

Other Republicans rallied around Powell, marking another divergence from Trump’s earlier lockstep support. And after weeks of teasing that he would soon nominate a new Fed chair, Trump has yet to officially offer a name.

Still, the resounding success of the Venezuela operation was continuing to prop up his confidence, and Trump threatened Iran while promising to help protesters taking on the regime.

Greenland

But then the bravado extended to Greenland. After flirting with the idea of taking over the semi-autonomous Danish territory in his first term and last year, the insistence that the island belong to the U.S. became more urgent after Venezuela.

Several European countries, all NATO allies, then deployed troops to Greenland, ostensibly to show Trump that they were willing to secure it from China and Russia, which he warned were major threats.

But that angered Trump, who announced tariffs against the NATO countries unless they supported his bid to take over Greenland. It triggered an existential crisis for the trans-Atlantic alliance as Trump had also refused to rule out using the military.

At the World Economic Forum in Davos this past week, frantic rounds of diplomacy ensued to pull Trump back from the brink of smashing the nearly 80-year-old defense pact. Republicans like Tillis also voiced support for NATO.

Canada and Europe held firm on protecting Greenland’s sovereignty, contrasting with a less combative approach in last year’s tariff battles, which yielded a lopsided U.S.-EU trade pact that heavily favors Trump.

On Wednesday, he backed down, saying he will not impose the NATO tariffs and claiming to have a “framework” of a deal that grants the U.S. full access to Greenland. He later said the U.S. is negotiating sovereignty over parts of Greenland that host American military bases.

Minnesota

Fury had been building for weeks after Trump surged thousands of federal agents to the state to carry out his immigration crackdown.

Saturday’s shooting was the third in Minnesota this month, and the second deadly one. It also followed days of reports about immigration officers detaining young children, arresting U.S. citizens, and forcibly entering homes without judicial warrants.

Video evidence also clearly contradicted the Trump administration’s claim that Alex Pretti, who was a nurse in a veterans hospital, threatened the Border Patrol before being shot.

Silicon Valley workers expressed their anger, and Minnesota-based CEOs pleaded for de-escalation. Democrats in Congress stiffened their opposition to an appropriations bill for the Department of Homeland Security. Meanwhile, more Republicans have started to voice some uneasiness with federal agents’ tactics and are demanding congressional hearings.

“I think the death of Americans, what we’re seeing on TV, it’s causing deep concerns over federal tactics and accountability,” Oklahoma Gov. Kevin Stitt told CNN on Sunday. “Americans don’t like what they’re seeing right now.”

Phil Scott, the Republican governor of Vermont, took the rhetoric further. In a post on X, he said Trump should pause the immigration operations to reset the focus on criminals. He also urged Congress and the courts to “restore constitutionality” in the absence of presidential action.

“It’s not acceptable for American citizens to be killed by federal agents for exercising their God-given and constitutional rights to protest their government,” he wrote. “At best, these federal immigration operations are a complete failure of coordination of acceptable public safety and law enforcement practices, training, and leadership. At worst, it’s a deliberate federal intimidation and incitement of American citizens that’s resulting in the murder of Americans.”



Source link

Tags: GreenlandJeromeMinnesotaPowellraidthenSurgingTrumpVenezuela
ShareTweetShare
Previous Post

China didn’t grab many headlines at Davos, but it’s the elephant in the room

Next Post

Fastly, Inc. (FSLY) Gains Attention as AI Adoption Supports Infrastructure Software

Related Posts

Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

by theadvisertimes.com
August 8, 2026
0

According to average rates from the Zillow lender marketplace, mortgage rates are mixed heading into the weekend compared to Friday....

CEO of the world’s largest workspace provider says commuting will be extinct by 2040

CEO of the world’s largest workspace provider says commuting will be extinct by 2040

by theadvisertimes.com
August 8, 2026
0

Return-to-office mandates are just a blip; Setting your alarm before sunrise and standing shoulder-to-shoulder on a packed train, just to...

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

by theadvisertimes.com
August 8, 2026
0

The Indian stock markets closed in the red, with the newly-launched closing auction session continuing to create a divergence among...

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

by theadvisertimes.com
August 8, 2026
0

India’s financial stocks are entering a more selective phase, where the strength of a lender’s deposit franchise, underwriting discipline and...

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

by theadvisertimes.com
August 7, 2026
0

The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the...

Ondo Perps hits  billion in volume weeks after launch

Ondo Perps hits $7 billion in volume weeks after launch

by theadvisertimes.com
August 7, 2026
0

Ondo Finance's derivatives platform has raced past $7 billion in cumulative trading volume, according to data from analytics site DefiLlama,...

Next Post
Fastly, Inc. (FSLY) Gains Attention as AI Adoption Supports Infrastructure Software

Fastly, Inc. (FSLY) Gains Attention as AI Adoption Supports Infrastructure Software

Stock market holiday 2026: Are BSE, NSE closed today on January 26 for Republic Day?

Stock market holiday 2026: Are BSE, NSE closed today on January 26 for Republic Day?

  • Trending
  • Comments
  • Latest
Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

August 7, 2026
Biggerpockets Pro Members Can Now Turn Home Equity Into a Flexible Line of Credit With Aven

Biggerpockets Pro Members Can Now Turn Home Equity Into a Flexible Line of Credit With Aven

August 3, 2026
The 19 Largest Global Startup Funding Rounds of June 2026 – AlleyWatch

The 19 Largest Global Startup Funding Rounds of June 2026 – AlleyWatch

July 27, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
Kellogg’s Back to School Snacks Instant Savings: Save  off  Purchase + Deal Scenario!

Kellogg’s Back to School Snacks Instant Savings: Save $10 off $35 Purchase + Deal Scenario!

August 6, 2026
CVS Deals Under  This Week

CVS Deals Under $1 This Week

July 27, 2026
XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

0
Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

0
Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

0
The Unwinnable Iran War | Armstrong Economics

The Unwinnable Iran War | Armstrong Economics

0
Bezeq declares NIS 515m dividend

Bezeq declares NIS 515m dividend

0
AI Will Clarify What Asset Managers Are Paid For

AI Will Clarify What Asset Managers Are Paid For

0
XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

August 8, 2026
Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

August 8, 2026
Bitcoin outlook: ,000 or ,000 this weekend

Bitcoin outlook: $70,000 or $60,000 this weekend

August 8, 2026
Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

August 8, 2026
CEO of the world’s largest workspace provider says commuting will be extinct by 2040

CEO of the world’s largest workspace provider says commuting will be extinct by 2040

August 8, 2026
F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

August 8, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push
  • Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak
  • Bitcoin outlook: $70,000 or $60,000 this weekend
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.