AM Update: Trump's 100th Day Rally, Pelosi Act, Kamala Harris's Return

Trump's 100th Day Rally and Policy Initiatives

• 🇺🇸 President Trump celebrated his first 100 days in office with a rally in Warren, Michigan, highlighting his administration's achievements.
• 📈 He claimed record-low illegal border crossings, citing a 99.999% decrease and asserting the most secure border in American history.
• 💰 Trump touted falling oil and gas prices, attributing it to his energy policies and the creation of the Department of Government Efficiency (DOGE) to slash spending.
• 🎓 An executive order to begin abolishing the federal Department of Education was signed, aiming to return control to the states.
• 🗓️ The White House announced a new deadline of July 4th for the tax bill, originally set for Memorial Day, amidst negotiations over spending cuts.

Tax Bill Negotiations and Spending Cuts

• ⚖️ The tax bill aims to provide permanence to the 2017 tax cuts and job act, offering certainty to businesses and individuals.
• 💡 Proposed benefits for working Americans include no tax on tips, overtime, or social security, and making auto payments deductible.
• 📉 Negotiations are ongoing for a nearly $2 trillion reduction in spending, with debates over cuts to programs like Medicaid.
• 🚫 A proposal for a new tax bracket for earners over $1 million per year has been officially taken off the table.

Congressional Stock Trading Ban

• 🏛️ Senator Josh Hawley reintroduced the PELOSI Act, aiming to ban members of Congress and their spouses from trading or holding individual stocks while in office.
• ❓ The bill highlights public disbelief that such trading is currently legal, with many assuming it's already banned.
• 📊 Current law requires reporting trades over $1,000 within 30-45 days, but the Pelosi family's portfolio has drawn significant attention for outperforming major hedge funds.
• ✅ President Trump has stated he would sign legislation banning stock trading if sent to him.

Canadian Election and Kamala Harris's Return

• 🇨🇦 Mark Carney's Liberal Party secured a minority government in Canada's federal election, marking a comeback fueled by opposition to U.S. trade policies and annexation rhetoric.
• 🗣️ Former Vice President Kamala Harris is set to deliver her first major remarks since losing the 2024 election, headlining a gala for Emerge America.
• 🇺🇸 Harris plans to reflect on America's promise and call to action regarding economic policies and the nation's global leadership.