Trump, Donald J

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      Trump Calls Gaza a ‘Big Real Estate Site,’ Reiterating Plan for U.S. Takeover

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      President Trump again reiterated his proposal for the United States to take over Gaza, telling reporters on Air Force One on Sunday that the strip of land was “a big real estate site” that the United States was “going to own.”He also mentioned building “some beautiful sites for the people, the Palestinians, to live in.” The location of such sites was not clear. Mr. Trump has repeatedly suggested that the two million Palestinians from the enclave be relocated.Mr. Trump’s comments added even more confusion around the proposal, which he first announced last week at a news conference at the White House alongside Prime Minister Benjamin Netanyahu of Israel. The idea has drawn widespread international condemnation, with some critics likening it to ethnic cleansing. The forced deportation or transfer of a civilian population is a violation of international law and a war crime, according to experts.Top officials in the Trump administration attempted to walk back the president’s comments on Wednesday, a day after he first announced the idea. They insisted President Trump had not committed to sending American troops to Gaza and that any relocation of Palestinians would be temporary.On Sunday, as Mr. Trump was traveling to attend the Super Bowl in New Orleans, he raised the proposal again.“Think of it as a big real estate site, and the United States is going to own it,” he said of Gaza, according to an audio recording from Air Force One that was shared with reporters.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Markets Play Down the Hit From Trump’s Latest Trade Fight

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      Global markets are in a wait-and-see mode as President Trump vows to slap steel and aluminum tariffs, among other levies, on trading partners.President Trump has ramped up the tariff war. This time, the markets reaction has been muted.Pete Marovich for The New York TimesHope you enjoyed the Super Bowl on Sunday night, and congrats to the Philadelphia Eagles. The ads were better than the game. We’ve got a rundown below.I got into a substantive debate on Sunday with Joe Lonsdale, the venture capitalist and co-founder of Palantir, and other investors, about how carried interest is taxed. President Trump has vowed to eliminate the tax exemption, which I’ve been writing about since 2007. You can read excerpts from the debate below.The new phase of the tariff fight Get ready for the latest round of President Trump’s trade wars.On Air Force One on Sunday, en route to the Super Bowl, the president said he would impose a 25 percent levy on all steel and aluminum imports and that reciprocal tariffs on trading partners were coming.China has already retaliated against new Trump tariffs that took effect on Monday, leaving the global economy to grapple with the reality of worldwide trade battles.The latest: Beyond the metals levy — which is aimed squarely at China — Trump is also eyeing broad tariffs on Europe, Taiwan and others, as well as on industries and key commodities like copper, pharmaceuticals and semiconductors.Beijing has retaliated with $14 billion worth of tariffs against select American exports, including, coal, liquid natural gas and farm equipment, a sign that the trade war could expand quickly. “Trade and tariff wars have no winners,” Guo Jiakun, a spokesman for China’s foreign ministry, said on Monday.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Trump Orders Treasury to Halt Minting New Pennies to Cut Waste

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      President Trump said on Sunday night that he had ordered the Treasury secretary to stop producing new pennies, a move that he said would help reduce unnecessary government spending.“Let’s rip the waste out of our great nations budget, even if it’s a penny at a time,” he said in a post on Truth Social. He characterized the production of pennies, which “literally cost us more than 2 cents” each, as wasteful.This is a developing story. Please check here for updates. More

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      Busy Presidential Day Ends at the Super Bowl

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      President Trump arrived in New Orleans on Sunday, the first sitting president to attend a Super Bowl, with the wind in his sails.He started the day on the course with the golf legend Tiger Woods (they’ve both been working on a merger between the PGA Tour and the Saudi-backed LIV Golf circuit). He issued a proclamation making it “Gulf of America Day” while on Air Force One, ceremoniously cementing his executive order last month to rename the Gulf of Mexico.Of greater significance, he announced that, starting Monday, he would impose a 25 percent tariff on all foreign steel and aluminum imports into the United States. He also said he still intended to move forward with taking over the Gaza Strip, which he described as a “big real estate site” that the United States was “going to own.”He criticized a judge’s ruling against efforts by Elon Musk’s cost-cutting team to gain access to Treasury systems. And he defended his first three weeks in office, which have caused massive strife across the country and the globe.That was all before the game started.Mr. Trump was met with cheers and a mix of boos as he arrived at the Superdome for the game, between the Kansas City Chiefs and the Philadelphia Eagles. Among his entourage were his son Eric Trump and Eric’s wife, Lara Trump; his daughter Ivanka Trump; and several Republican leaders.Also at the game is the former first lady Jill Biden, an avid Eagles fan, and her grandson, Beau Biden’s son Hunter. Former President Joseph R. Biden Jr., whose security clearance Mr. Trump revoked on Friday, was not in attendance.Mr. Trump and his courtiers were escorted to a suite at the Superdome, where he was seen standing for the national anthem and saluting.In excerpts from an interview that aired earlier Sunday, Mr. Trump told the Fox News anchor Bret Baier that he had chosen to attend the Super Bowl because he thought it would be a “good thing” for the spirit of the country, which he said has “taken on a whole new life.”Asked who he thought would win the game, Mr. Trump praised the quarterbacks of both teams, but he ultimately said he’d go with Kansas City based on the record of its star quarterback, Patrick Mahomes — who, he added, had “a phenomenal wife” (Brittany Mahomes) who happened to be a “Trump fan.”“It’s going to be just a great game,” Mr. Trump said.Mr. Trump’s team seemed to revel in a day in which Mr. Trump got what he perpetually craves: validation and a large audience.“Good, right?” Mr. Trump’s chief of staff, Susie Wiles, said referring to his reception. More

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      Court Blocks U.S. From Sending Venezuelan Migrants to Guantánamo

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      A federal judge barred the U.S. government on Sunday from sending three detained Venezuelan men to the Navy base at Guantánamo Bay, Cuba, according to a lawyer for the migrants.Lawyers for the men, who are detained at an Immigration and Customs Enforcement facility in New Mexico, asked the court on Sunday evening for a temporary restraining order, opening the first legal front against the Trump administration’s new policy of sending undocumented migrants to Guantánamo.Within an hour of the filing, which came at the start of the Super Bowl, Judge Kenneth J. Gonzales of the Federal District Court for New Mexico, convened a hearing by videoconference and verbally granted the restraining order, said Baher Azmy, the legal director of the Center for Constitutional Rights, which is helping represent the migrants.Immigration and human rights advocates have been stymied in immediately challenging the Trump administration’s policy of sending migrants to Guantánamo, in part because the government has not released the identities of the roughly 50 men it is believed to have flown there so far.But the three Venezuelan men were already represented by lawyers, and their court filing said they had a credible fear that they could be transferred.According to the filing, the men are being held in the same ICE facility, the Otero County Processing Center, where previous groups of men who were flown to Guantánamo in recent days had apparently been held. The men recognized the faces of some of those detainees from government photographs provided to the news media, the filing said.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Trump Says He Might Use U.S. Transit Agency to ‘Kill’ Congestion Pricing

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      In an interview with The New York Post, President Trump said that congestion pricing hurt New York City but indicated that he was still talking with Gov. Kathy Hochul.President Trump said that he was considering using the federal Department of Transportation to “kill” congestion pricing, which he claimed was deterring people from coming into Manhattan.But Mr. Trump, in a weekend interview with The New York Post, was vague about how he might try to stop the program. Options could include withholding federal transportation funds or revoking a key federal authorization to toll drivers. He also said that he was still in discussions with Gov. Kathy Hochul about the future of congestion pricing and other matters.The president also vowed in the interview to eliminate bike lanes, which are approved by the New York City Department of Transportation. “They’re dangerous. These bikes go at 20 miles an hour. They’re whacking people,” he said.Charging most vehicles a $9 fee to enter Manhattan below 60th Street is “destructive” to New York, the president said.“If I decide to do it, I will be able to kill it off in Washington through the Department of Transportation,” Mr. Trump said.Mr. Trump, a lifelong New Yorker before he moved to Florida, maintains a deep interest in the city’s affairs and complained about trash and public safety in the subway, “sidewalks in the middle of the street” and New York’s sanctuary city policies during his interview with The Post.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations

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      The agency had been one of Wall Street’s most feared regulators, with the power to issue rules on mortgages, credit cards, student loans and other areas affecting Americans’ financial lives.The day before Linda Wetzel closed on her retirement home in Southport, N.C., in 2012 — a cozy place where she could open the windows at night and catch an ocean breeze — the bank making the loan surprised her with a fee she hadn’t expected. Ms. Wetzel scoured her mortgage paperwork and couldn’t find the charge disclosed anywhere.Ms. Wetzel made the payment and then filed an online complaint with the Consumer Financial Protection Bureau. The bank quickly opened an investigation, and a month later, it sent her a $5,600 check.“My first thought was ‘thank you.’ I was in tears,” she recalled. “That money was a year or two of savings on my mortgage. It was my little nest egg.”Ms. Wetzel’s refund is a tiny piece of the work the bureau has done since it was created in 2011. It has clawed back $21 billion for consumers. It slashed overdraft fees, reformed the student loan servicing market, transformed mortgage lending rules and forced banks and money transmitters to compensate fraud victims.It may no longer be able to carry out that work.President Trump on Friday appointed Russell Vought, who was confirmed a day earlier to lead the Office of Management and Budget, as the agency’s acting director. Mr. Vought was an author of Project 2025, a conservative blueprint for upending the federal government that called for significant changes, including abolishing the consumer bureau.In less than 36 hours, Mr. Vought threw the agency into chaos. On Saturday, he ordered the bureau’s 1,700 employees to stop nearly all their work and announced plans to cut off the agency’s funding. Then on Sunday, he closed the bureau’s headquarters for the coming week. Workers who tried to retrieve their laptops from the office were turned away, employees said.The bureau “has been a woke & weaponized agency against disfavored industries and individuals for a long time,” Mr. Vought wrote Sunday on X. “This must end.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Israeli Troops Withdraw From Netzarim Corridor in Gaza

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      Israel’s military withdrew from the Netzarim Corridor under the cease-fire with Hamas. During the war, troops patrolled the zone that splits the territory, preventing evacuated Palestinians from returning north.Israel’s military withdrew Sunday from a key corridor dividing the Gaza Strip, leaving nearly all of the territory’s north as required by a tenuous cease-fire with Hamas ahead of any negotiations for a longer-lasting agreement.The military’s departure from the Netzarim Corridor in Gaza came as the Israeli government sent a delegation to Qatar over the weekend to discuss the next group of Israeli hostages and Palestinian prisoners to be freed during the cease-fire agreement’s initial phase, which came into effect last month and is ongoing. The gaunt appearances of three Israeli hostages who were released on Saturday, stoking public comparisons to Holocaust victims, heaped new pressure on the negotiations.In a statement on Sunday, the Israeli military said troops were “implementing the agreement” to leave the corridor and allow hundreds of thousands of Palestinians to continue returning home to northern Gaza.Two Israeli military officials and a soldier in Gaza who were not authorized to discuss the situation publicly or by name said the troops had already left the Netzarim Corridor by Sunday morning.Hamas also said that Israeli troops had departed from the Netzarim Corridor, saying in a statement that it was “a victory for the will of our people.”A drone view after Israeli forces withdrew from the Netzarim Corridor on Sunday.ReutersWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More