Trump Threatens Companies That Seek Tariff Refunds They’re Owed

Donald Trump is still not happy that his tariffs were struck down by the Supreme Court, and he said Tuesday that he would “remember” the companies that don’t seek refunds.

The president spoke to CNBC’s Squawk Box over the phone in a morning interview, and anchor Andrew Ross Sorkin asked him about large companies, such as Apple and Amazon, that haven’t sought tariff reimbursements because they were worried about “offending” the president.

“Would you find it offensive for them to try to collect a refund?” Sorkin asked Trump.

“I think it’s brilliant if they don’t do that. I actually think if they don’t do that, they got to know me very well. I’m very honored by what you just said. If they don’t do that, I’ll remember them,” Trump said, before going off on a tangent about the Supreme Court and birthright citizenship.

Trump’s words could be considered as a threat to companies that do seek refunds for the tariffs they paid, as would be their right under the Supreme Court’s ruling. Trump has praised companies whose executives have cozied up to him or donated large amounts of money to one of his personal projects, and has attacked those that he sees as disloyal to him or his agenda.

The president is explicitly saying that if businesses don’t ask for the money that they are legally owed for the tariffs, they will be in his good graces and can expect positive treatment from the White House. That is highly unethical and, from any other president, would be met with a huge backlash from Congress and media commentators. But since Trump has basically normalized corruption, he’s not likely to face any consequences.

Kevin Warsh, the man Donald Trump tapped to run the Federal Reserve, told Congress Tuesday that there’s only one detail that he and the president disagree on.

In the midst of a heated exchange with Senator Elizabeth Warren over his previous pledges to “stand up to Trump,” Warsh failed to name a single line item from the MAGA agenda with which he disagreed.

“Well, senator, the Federal Reserve in recent years has wandered outside of its remit, wandered into other areas,” said Warsh, dodging Warren’s question entirely.

“Just one. Just one little place where you disagree with Donald Trump,” pressed Warren.

“Well, I do have a disagreement, actually, senator, with the president. I think even this morning he said he thought that I was out of central casting. I think central casting—I’d look older, grayer, and maybe show up here with a cigar of sorts,” Warsh smirked.

“Quite adorable, but you know we need a Fed chair who is independent. That’s the only way we preserve the independence of the Federal Reserve,” Warren bit back. “If you can’t answer these questions, you don’t have the courage and you don’t have the independence.”

Maryland Senator Chris Van Hollen similarly questioned Warsh’s chutzpah, citing his monetary policy record on the basis that Warsh’s positions on interest rates “seems to shift with what’s politically convenient, rather than based on sound economic judgment.”

Warsh’s name was a surprise mention late last year when Trump first began floating his replacements for Jerome Powell. Despite railing against Powell’s inflation rates for the better part of his second term, Trump tapped Warsh, another well-known inflation hawk who cut his teeth during the George W. Bush administration and later during the fallout of the Great Recession. But the 56-year-old financier has since changed his tune on the matter and, in doing so, has caught the president’s attention.

Trump has already made his expectations for Warsh crystal clear. Speaking with CNBC earlier Tuesday, Trump said that he would be disappointed if Warsh did not cut interest rates.

Warsh, in turn, made his loyalty clear during his Senate hearing. He refused to acknowledge that Trump lost the 2020 presidential election to Joe Biden, in another apparent attempt to elevate himself to the Trump administration.

Rhode Island Senator Jack Reed ripped Warsh for his transparent affinity for Trump, directly questioning him about Trump’s comments on the business network. Warsh responded that he would maintain independence despite Trump’s pressure campaign to cut rates. Later, in an exchange with Senator John Kennedy, Warsh said that Trump had never asked him to “predetermine, commit, fix, decide on any interest rate decision in any of our discussions.”

“Nor would I ever agree to do so,” Warsh insisted.

President Donald Trump’s nominee to chair the Federal Reserve, Kevin Warsh, tried to dodge questions Tuesday about his financial ties to convicted sex offender Jeffrey Epstein.

At his confirmation hearing before the Senate Banking Committee, Senator Elizabeth Warren asked Warsh about more than $100 million in investments that he has “refused to disclose to ethics officials and the public,” specifically assets held in vehicles called “THSDFS LLC” and the “Juggernaut Fund.” Warren directly asked the Fed chair nominee whether any of his assets had to do with President Trump or his family, the Chinese government, money laundering, or Jeffrey Epstein.

Warsh refused to answer, saying only that he would sell those investments if he was confirmed. Warren pressed further, asking specifically if Warsh would tell the committee if he had financial ties to Epstein.

“Are you refusing to tell us if you have investments, for example, in vehicles set up to advance Jeffrey Epstein? Is that what you’re telling us—you just won’t tell us?” Warren asked.

Warsh again didn’t answer the question.

“Senator, what I’m telling you is that those assets that you represent at Juggernaut will be sold if I’m confirmed before I take office and sign the oath of office,” Warsh said.

Warren then asked if he would “at least disclose how you would plan to disclose and divest these secret assets,” citing a scenario in which a billionaire looking for inside information from the Fed would cut him a check for $100 million. Warsh still would not answer the question, instead saying that he had come to an agreement with the Office of Government Ethics to divest his assets.

Warsh’s name has popped up a couple of times in the government’s Epstein files. While that doesn’t implicate him in any of Epstein’s crimes, it does show that they traveled in the same circles. Warsh, who would become the wealthiest Fed chair in more than 100 years if confirmed, is married to billionaire heiress Jane Lauder, granddaughter of Estée Lauder and daughter of Republican donor Ronald Lauder. Is Warsh being evasive because he’s trying to dismiss those connections, or is it because he actually has assets connected to the notorious criminal?

President Donald Trump claimed Tuesday it would’ve taken him just five months to end a war he refused to fight in.

Speaking on CNBC’s Squawk Box, Trump bragged about how quickly he ended the war in Iran—shortly after threatening to resume attacks if things don’t go his way in the as-yet unstarted peace talks.

“And I just looked at a little chart, World War I, four years and three months. World War II, six years. Korean War, three years. Vietnam, 19 years. Iraq, eight years. I’m five months. OK, five months,” Trump said. “I would have won Vietnam very quickly. I would have, if I were president, I would have won Iraq in the same amount of time that we won because, essentially, we won here.”

The U.S. formal involvement in the Vietnam War wasn’t actually 19 years long—it was more like eight. But how can one expect Trump to know something like that, when he wasn’t actually there? The president, son of a rich real estate mogul, evaded the military draft five times.

And anyway, Trump clearly has loose definitions for what actually constitutes a war. The president seems to believe war starts and ends when he says so, and then starts again and ends again, and so on ad infinitum.

Defense Secretary Pete Hegseth doesn’t think soldiers living and fighting together in close quarters or aboard warships need to take the flu vaccine.

“Under the disastrous Biden administration, this Pentagon waged an unrelenting war on our warriors on many fronts, including when it came to denying them simple medical autonomy, and the freedom to express their religious convictions,” Hegseth said in a video statement posted on Tuesday morning. “Under President Trump … we’re seizing this moment to discard any absurd, overreaching mandates that only weaken our war fighting capabilities. In this case, this includes the universal flue vaccine, and the mandate behind it.”

The announcement was widely criticized by Democrats for the timing, the level of priority attached to it, and the obvious disregard for the history of influenza in the U.S. military. During World War I, an estimated 45,000 U.S. soldiers died from influenza. Now, Hegseth is proudly eschewing a vaccine that is known to be an effective way to avoid getting the flu—something servicemembers, especially those stationed on warships in the Middle East—would likely appreciate.  

“Nothing says military readiness like sick soldiers,” Democratic Representative Rosa DeLauro said. 

This story has been updated.

President Trump is not exactly known for his piousness, but one Bible verse seems to have struck his fancy—probably because it was used by evangelical Christians to sing his praises while they tried to overthrow the government on January 6, 2021.

In the Old Testament, 2 Chronicles 7:11-22 consists of God responding to a prayer from Solomon, a king of ancient Israel. God promises Solomon he will bless his temple as long as he and his people are not idolaters. As is common in the Old Testament, God’s message rings with both love and fury. But verse 14, the most famous bit of the passage, is positive: “If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.”

As part of a weeklong “America Reads the Bible” event organized by the White House and the election-denying evangelical group Christians Engaged, a prerecorded video of Trump reading 2 Chronicles 7:11-22 will air at 6 p.m. E.T. Tuesday evening. Remember the separation of church and state? That was nice.

Trump reading the passage will thrill what’s left of the January 6-ers. During the Capitol riot, Couy Griffin—the founder of “Cowboys for Trump,” a fan club that rode on horseback to Trump’s political events—recited verse 14 over the crowd.

According to the Christian Post, Trump’s association with the passage goes back even further, to 2016. After his unlikely election win, evangelist Anne Graham Lotz—Billy Graham’s daughter—used the verse to claim that God had responded to America’s prayers.

MS NOW opinion writer Ja’han Jones called it “predictably Trumpian” that the president is reciting a passage that his supporters have used to heap praise on him. As the passage is over 400 words long, The New Republic would also like to note that it will be interesting to see whether Trump gets bored halfway though and starts talking about something else.

The Southern Poverty Law Center revealed Tuesday that it’s under criminal investigation by the Justice Department for previously using paid informants to infiltrate extremist groups.

The nonprofit public interest group announced that the Trump administration appears to be preparing a case against the organization or some of its employees.

“Although we don’t know all the details, the focus appears to be on the SPLC’s prior use of paid confidential informants to gather credible intelligence on extremely violent groups,” CEO Bryan Fair said in a statement obtained by the Associated Press.

Fair said that the SPLC had used informants to monitor the threat of violence inside extremist organizations, and had frequently shared its findings with local and federal law enforcement.

“When we began working with informants, we were living in the shadow of the height of the Civil Rights Movement, which had seen bombings at churches, state-sponsored violence against demonstrators, and the murders of activists that went unanswered by the justice system,” Fair said. “There is no question that what we learned from informants saved lives.”

Fair said the organization “will vigorously defend ourselves, our staff, and our work.”

The Montgomery-based SPLC was founded in 1971 in order to combat white supremacist groups after the Civil Rights Movement. Yet the nonprofit’s purview has been nationally perceived (at least on the right) as less and less acceptable, in the decades since. Conservative politicians and personalities have railed against the advocacy group, claiming that its work—which includes tracking extremist groups, promoting tolerance, and kneecapping bigotry through litigation—is inherently partisan and overly leftist.

FBI Director Kash Patel announced last year that his agency would sever ties with the SPLC, ending a long-standing research arrangement between the nonprofit and the federal government.

The investigation has reignited concerns that Donald Trump is trying to weaponize the Justice Department during his second term, morphing the agency into his personal law firm in order to harm or attack his dissidents and critics.

The Department of Homeland Security is developing smart glasses that would allow federal agents to identify people using biometric data in real time.

Journalist Ken Klippenstein, citing a budget request from DHS, reports that these devices, slated to be released by September 2027, build on existing smart glasses that include video cameras and heads-up data displays. They would be able to pull from the federal government’s archives of biometric data, including facial recognition, walking gait, and iris patterns.

“The project will deliver innovative hardware, such as operational prototypes of smart glasses, to equip agents with real-time access to information and biometric identification capabilities in the field,” the document states. The project is under the DHS’s Science and Technology Directorate, the agency’s research and development division.

While the budget request says the glasses are necessary for immigration enforcement, a DHS attorney anonymously told Klippenstein that “it might be portrayed as seeking to identify illegal aliens on the streets, but the reality is that a push in this direction affects all Americans, particularly protestors,” adding that the technology behind the glasses has applications for general government surveillance in addition to immigration.

These glasses would give federal agents the Orwellian ability to identify anyone within their line of sight, especially if people are on any of DHS’s many watchlists. The glasses would be only one more addition to the rapidly expanding surveillance state under the Trump administration, which is collecting massive amounts of data on people and organizations in the U.S.

The federal government is gathering this data with the help of contractors like Palantir, a company with a disdainful view of democracy whose apps help Immigration and Customs Enforcement agents map out deportation targets and utilize AI to find them. ICE itself is also putting together a team focused on monitoring social media to find people to deport. Will Congress rein in this infringement on basic freedoms and liberties, or will they remain mostly silent?

President Donald Trump doesn’t sound particularly optimistic ahead of peace talks with Iran.

Speaking on the phone to Joe Kernan of CNBC’s Squawk Box Tuesday morning, Trump signaled that the U.S. was ready to resume attacks if negotiations with Iran were unsuccessful.

“Well, I expect to be bombing, because I think that’s a better attitude to go in with, but we’re ready to go. I mean the military is raring to go,” Trump said.

Asked if he planned to extend the ceasefire if talks were unsuccessful, Trump replied: “I don’t want to do that. We don’t have that much time.”

None of this sounds like what someone who is expecting a deal would say. And Trump’s vow for more violence comes after administration officials revealed that the president’s comments have hurt negotiations with Iran.

The U.S. nearly upended peace talks Monday after it seized a cargo ship in the Strait of Hormuz. Iran has demanded the immediate release of the cargo ship and vowed retaliation. Iran has reportedly told regional mediators that it still plans to send a team of negotiators to Islamabad Tuesday, but Tehran has refused to publicly confirm that the country will come to the table.

Iran’s Parliament Speaker Mohammad Bagher Ghalibaf warned Monday night that Iran was also ready to resume fighting. “We do not accept negotiations under the shadow of threats, and in the past two weeks, we have prepared to reveal new cards on the battlefield,” he wrote on X.

Donald Trump appears to have finally lost one of his most influential supporters.

Ex–Fox News host Tucker Carlson disavowed the president Monday night during an interview with his brother, Republican operative and speechwriter Buckley Carlson, telling his audience that he was “sorry for misleading people” and that he regretted supporting the MAGA leader over the last decade.

“You wrote speeches for him, I campaigned for him. I mean, we’re implicated in this, for sure,” Carlson said to his brother on The Tucker Carlson Show. “It’s not enough to say, ‘Well I changed my mind,’ or like, ‘Oh this is bad, I’m out.’ It’s like in very small ways, but in real ways, you and me and millions of people like us are the reason this is happening right now.

“So I do think it’s like a moment to wrestle with our own consciences. You know, we’ll be tormented by it for a long time. I will be, and I want to say I’m sorry for misleading people, and it was not intentional. That’s all I’ll say.”

Carlson was once the largest figure in conservative media, ranking head and shoulders above his competitors during his primetime evening slot at Fox. But his sympathies for Trump after the 2020 election—and his penchant for demeaning women and minorities—cost him his throne. Carlson was fired by the network in 2023, shortly after Fox settled a historic $787.5 million lawsuit with Dominion Voting Systems for spreading baseless conspiracies that the company had rigged the election in favor of Joe Biden.

Trump has broken up with several major MAGA acolytes in recent weeks over their unfavorable responses to the Iran war, including Alex Jones, Candace Owens, and another famous former Fox News host, Megyn Kelly.

The president boosted a video on his Truth Social account over the weekend that urged viewers to stop questioning his decisions. His disavowed media supporters—Carlson included—were plastered all over the clip, framed as individuals that need to “shut the fuck up.” It was the second time that Trump had shared the video; he previously posted it to his account in January. Nonetheless, it has taken months of repeat public abuse for his supporters to question their loyalties.