WAFRN PULSE News Podcast Latest Breaking News Reports

President Trump Responds to Crazy Jerome Powell’s Refusal to Cut Rates for Fifth Time Since December. President Trump issued a preliminary response to Jerome Powell and the Federal Open Market Committee (FOMC) moments before they announced a decision not to cut interest rates for the fifth time since December. The FOMC announced on Wednesday afternoon that it decided to maintain interest rates at the current level, as President Trump puts massive pressure on Fed Chair Jerome Powell to cut the rates. This is despite Quarter 2 GDP numbers showing excellent economic growth at 3.0%, hundreds of billions of dollars in new business investment, and hundreds of billions of dollars in tariff revenues into the United States. Two Trump appointees to the Fed's Board of Governors, Governor Christopher Waller and Vice Chair for Supervision Michelle Bowman, voted against the action. President Trump responded on Wednesday during a congressional bill signing ceremony after signing a bill to reform VA home loans and expand mortgage assistance for veterans. He slammed "Too Late" Jerome Powell, saying "he's done a bad job. "Each point that this gentleman keeps up costs us $365 billion a year," the President said while highlighting the massive income from tariffs and trade deals. "We should be the lowest interest rate, and we're not. We're 38, number 38, because of the Fed."  (Video)

(VIDEO) National Economic Council Director Kevin Hassett Roasts Chuck Schumer for Calling GDP Growth a “Mirage” and Claiming Data is Actually “Very Troubling” National Economic Council Director Kevin Hassett on Wednesday called out Senate Minority Leader Chuck Schumer’s hypocrisy and ignorance of the Biden economy as he corrected claims by Schumer that the new GDP data is “very troubling. ”As The Gateway Pundit reported earlier, Chuck Schumer addressed the Quarter 2 GDP numbers showing positive economic growth under Trump on the Senate Floor. “Today’s GDP number is, in fact, a mirage,” the leftist crank said. He then claimed that “ominous numbers lurk under the hood” show how “worried” businesses are. (Video)

President Trump UNLOADS on MO Senator Josh Hawley for Blocking Review of Pelosi’s Stock Trading Over the Past 35 Years! – UPDATED – Hawley Joined Democrats to Advance Flawed Bill Out of Committee. President Trump on Wednesday UNLOADED on Senator Hawley for blocking a review of Nancy Pelosi’s stock trading over the past 35 years. President Trump earlier called on Nancy Pelosi to be investigated for insider trading. Via Newsmax. It is not clear yet why President Trump attacked Hawley who has been leading the charge on banning lawmakers from purchasing stocks during their time in office. (Video)

Pelosi’s 2023 trading gains top 65%, boosted by stock options. Beating out several top hedge funds. pic.twitter.com/UdFrLaVok8

— Nancy Pelosi Stock Tracker ♟ (@PelosiTracker_) January 4, 2024

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WATCH: Tom Homan GOES OFF on Fake News For Lying About Deportations, Running Poll Suggesting that Trump Administration has “Gone Too Far” on immigration. Border Czar Tom Homan on Wednesday responded to a new biased Wall Street Journal poll that claims 51% say the Trump Administration has gone “too far” with deportations and that 53% say the administration is “crossing the line.” However, the poll misrepresents the Trump Administration’s efforts, asking if people think “the Trump Administration is crossing the line by deporting people without proof they are here illegally, ignoring the courts when they tell them to stop, and denying people a hearing.” An overwhelming majority of those arrested by ICE are also convicted criminals. “70% of everybody we arrested have a criminal history, and I told you, the other 30% are national security threats,” including designated foreign terrorist cartel members, he said. Homan further tore into the leftist media and the Democrats for protesting ICE and labeling agents with smears like “racist” because they’re enforcing the laws that Congress enacted. (Video)

“U.S. Intel Knew Hillary Clinton Approved The Fake Russia Hoax.” Solomon Previews Annex Report Drop. (Video)

Exclusive–Bessent Warns of ‘Caracas on the Hudson’ as Young Voters Turn to Socialism: ‘They’re Disillusioned with the System’. Treasury Secretary Scott Bessent warned that left-wing figures like New York City Mayoral Candidate Zohran Mamdani are gaining traction among young voters who have grown skeptical of the system, comparing the situation to “Caracas on the Hudson” and arguing that the antidote is broad-based ownership and economic stakeholding. Bessent warned that the real solution to rising socialist sentiment isn’t more government control, but giving working Americans real ownership and a stake in the system. As part of President Trump’s signature One Big Beautiful Bill, the administration launched Trump Accounts, a groundbreaking program that provides a $1,000 seed investment for every American newborn and allows up to $5,000 in private contributions annually. People who are part of the system do not want to bring down the system,” he explained. “Trump Accounts are how we make them part of it.” (Video)