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- Trump Hypes ‘Magnets’ After Son’s Firm Takes Stake in Rare-Earth Magnet Co...
AP Photo/Lynne Sladky President Donald Trump urged defense contractors to “do magnets” on Wednesday, just seven weeks after ProPublica revealed that a top White House aide intervened to help secure a $620 million Pentagon loan for a rare-earth magnet startup after Donald Trump Jr.’s venture capital firm took a stake in the company. The president made the Wednesday sales pitch, of sorts, during an appearance at the Pennsylvania Defense & Innovation Summit, speaking to an audience of some of the country’s most dominant defense industry companies. Trump told the crowd, “I hope you’re gonna do magnets. Somebody out there, I hope — you’re all brilliant people — magnets. Do magnets, ok? I’ll tell you how to make money. Do magnets. You’re doing a lot of great stuff. Do magnets. Because one thing we don’t have, but we are getting close — but do magnets.” According to the late May ProPublica investigation, White House senior counselor for trade and manufacturing Peter Navarro personally requested that the Pentagon approve the loan to North Carolina-based Vulcan Elements, the only funding deal among dozens under consideration that was initiated by a top White House aide. Defense officials told the outlet they were instructed to move unusually quickly after receiving the request, with one official recalling, “The call came from the White House: We have to get this done.” Trump Jr.’s firm, 1789 Capital, had invested in Vulcan roughly three months before the Pentagon announced the loan. The findings sparked swift backlash on Capitol Hill, with a group of Democratic lawmakers sending a letter to White House Chief of Staff Susie Wiles demanding answers about the deal. The lawmakers wrote that ProPublica’s reporting “reveals a staggering level of corruption and influence peddling that superseded this process, enriching the President’s son at the expense of U.S. national security and taxpayer dollars,” while requesting information about Navarro’s involvement and whether Trump or other White House officials played a role in the Pentagon loan. Now, the president’s Wednesday remarks weren’t the first time he’s mentioned magnets. In November, he told reporters, “Nobody knows what magnets are.” In 2024, Trump falsely claimed that magnets stop working when exposed to water, though he later hedged during a separate appearance, saying, “I don’t know what’s gonna happen,” when discussing pouring water on one.The post Trump Hypes ‘Magnets’ After Son’s Firm Takes Stake in Rare-Earth Magnet Company first appeared on Mediaite. [TheTopNews] Read More.2 hours ago - CNN’s Elie Honig Savages Trump DNI Nominee: Reputation As a ‘Chameleon,’ â...
CNN Senior Legal Analyst Elie Honig unloaded on Jay Clayton, the U.S. Attorney for the Southern District of New York, who has been nominated to be the next Director of National Intelligence. During his confirmation hearing on Wednesday, Clayton was asked by multiple Democratic senators whether former President Joe Biden had defeated President Donald Trump in the 2020 election. The nominee refused to say, instead opting to frame the matter as Biden having been “certified” as the winner. “I’m not an election denier,” Clayton told the Senate Intelligence Committee. In another exchange, Sen. Jon Ossoff (D-GA) asked Clayton about the FBI’s execution of a search warrant on an election office in Atlanta in January. Specifically, Ossoff asked about the presence of then-Director of National Intelligence Tulsi Gabbard at the raid, despite having no authority over the probe. That investigation is seemingly connected to Trump’s false claims of election fraud. Clayton was caught off guard by the question and said he had not anticipated that he would be asked about the matter. On Wednesday’s installment of The Source, host Kaitlan Collins noted that Ossoff’s line of questioning was an attempt to ascertain the lengths Clayton would go for Trump, even if given dubious orders. “Tulsi Gabbard was criticized,” Collins noted. “People [were] saying, ‘That is not the job of the Director of National Intelligence, to be there in a law enforcement capacity.'” Honig, who was an assistant U.S. attorney in the office Clayton currently leads, said the nominee has a less-than-sterling reputation: Exactly. It goes to Jay Clayton’s conception of what that job as DNI entails. And to be on site of a search warrant, to have the DNI there, is completely out of place, is completely ridiculous. And I think that would’ve been the natural follow up had he acknowledged that he remembered anything. And one other thing about Jay Clayton, I don’t know him. He took over the U.S. Attorney’s office at S.D.N.Y. a couple years after I left. But I know plenty of people there. And the reputation of Jay Clayton is that he’s a chameleon, that he goes by to get by. He goes along to get along, that he lacks the backbone to stand up for that office. He’s not as over-the-top offensive as some other folks we’ve seen in high positions at DOJ, but he’s not deeply respected in that office right now.… [TheTopNews] Read More.2 hours ago - Trump Announces Iran Freed American Citizen, Thanks Leaders for ‘Gesture of Go...
AP Photo/Mark Schiefelbein President Donald Trump announced Wednesday evening that Iran had released an American citizen “wrongfully detained” since 2024, thanking the country for what he called a “gesture of goodwill.” The Truth Social post read: Iran has allowed an American Citizen, who was wrongfully detained in December of 2024 under the “presidency” of Sleepy Joe Biden, to leave the Country. She is now safely outside of Iran, and in good condition. The United States of America appreciates this gesture of Goodwill by Iran! President DONALD J. TRUMP The woman has been identified on X as Dena Karari, with her lawyer, Jared Genser, posting on the platform Wednesday, “I am delighted and excited to report that my client U.S. citizen #DenaKarari, who had been trapped in #Iran since December 2024 on bogus charges, is now free. This would not have happened but for the extraordinary and relentless efforts of President @realDonaldTrump,” adding, “Dena is now safe and traveling back to the United States.” As The Guardian pointed out, in August 2025, The New York Times reported on an “Iranian American woman who was first imprisoned and prevented from leaving the country in December 2024,” clarifying that at the time of publication, the woman was “out of prison, but her Iranian and American passports were confiscated.” The president’s announcement comes just hours after CNN reported that his administration “has been receiving options for expanding the military operation in Iran,” according to two sources familiar with the matter. Those sources also said officials met in the Situation Room on Tuesday to discuss how to “intensify efforts” to regain control of the Strait of Hormuz. Additionally, on Wednesday, the Trump administration launched a new round of daytime strikes against Iranian military targets near the Strait of Hormuz, with Fox News correspondent Trey Yingst pointing out that this was the first time the U.S. had hit Iran in the middle of the day since the ceasefire deal started in early April.The post Trump Announces Iran Freed American Citizen, Thanks Leaders for ‘Gesture of Goodwill’ first appeared on Mediaite. [TheTopNews] Read More.3 hours ago - Fox News and Kevin O’Leary Are Sued Over Claim That Nonprofits Worked for Chin...
Tom Williams/CQ Roll Call via AP Images Shark Tank star Kevin O’Leary and Fox News were sued Wednesday by two Utah nonprofit leaders who allege they were falsely portrayed on air as agents of the Chinese Communist Party during a dispute over the businessman’s massive proposed data center project. The lawsuit was filed by Alliance for a Better Utah founder Joshua Kanter and Elevate Strategies founder Gabrielle Finlayson, who contend O’Leary repeatedly accused them of working on behalf of the Chinese Communist Party while discussing opposition to his plan to build a 40,000-acre data center in Utah. According to Politico’s reporting, O’Leary made similar allegations across at least 10 Fox News appearances, telling viewers the pair were “proxies for the Chinese government.” The complaint alleges O’Leary claimed his accusations were backed by evidence from an investigation conducted by data scientists. The plaintiffs argue the claims were false and defamatory, alleging Fox News continued booking O’Leary while network hosts affirmed or echoed the allegations even after both Kanter and Finlayson publicly denied them. Although O’Leary later withdrew his accusations after receiving legal threats and Fox News issued an apology, the lawsuit contends the retraction came only after the alleged damage had already been done. According to the complaint, the plaintiffs suffered reputational, financial, and emotional harm as a result of the broadcasts. The dispute initially arose after Kanter and Finlayson’s opposed the proposed data center, a project that has drawn additional criticism from other local groups over its potential impact and development plans. The lawsuit argues that, rather than responding to those concerns on the merits, O’Leary launched a public campaign falsely tying the nonprofit leaders to the Chinese government. Politico reported that O’Leary did not immediately respond to requests for comment. “FOX News Media publicly corrected the record on every program where on-air guest Kevin O’Leary’s comments were made, all of which was extensively publicized,” Fox News said in a statement to Mediaite. “We will vigorously defend against this lawsuit.”The post Fox News and Kevin O’Leary Are Sued Over Claim That Nonprofits Worked for Chinese Communist Party first appeared on Mediaite. [TheTopNews] Read More.4 hours ago - Nautel Combines QA and Customer Success Under Scott Marchand
Scott Marchand Nautel has named Scott Marchand head of quality assurance and “support & sustain,” bringing together both of those teams. CEO Kevin Rodgers said in a release that combining the two teams will create greater alignment between the quality of its products, customer support and long-term product sustainment. Previously, Marchand led support & sustain activities in his role as production engineering manager. “Having spent nearly three decades at Nautel, I’ve seen firsthand the commitment our teams bring to product quality and customer success,” Marchand said in the release. He joined the Nova Scotia-based manufacturer in 1997 as an FM development technologist and then rose to project leader, before becoming production engineering manager. Send your people news to radioworld@futurenet.com. The post Nautel Combines QA and Customer Success Under Scott Marchand appeared first on Radio World. [TheTopNews] Read More.5 hours ago - Republican Senator Pauses Awkwardly When Fox News Reporter Asks if Democratic Co...Sen. Cynthia Lummis (R-WY) dabbled in some newfangled election denialism being pushed by President Donald Trump on Wednesday. On Thursday, Trump will give a primetime address in which he is expected to repeat his bogus claims about election fraud in the 2020 election, which he insists was rigged against him. The president is expected to allege that foreign interference clinched the election for Joe Biden. To avoid angering Trump, some Republican lawmakers have claimed outright that the election was stolen, while others have asked unfounded questions meant to cast doubt on the contest. But in Thursday’s speech, the president is also expected to allege that Democratic Sens. Jon Ossoff and Raphael Warnock of Georgia were elected in rigged elections. The two senators won runoff contests on Jan. 5, 2021, thus giving control of the Senate to the Democrats. Warnock, who was elected in 2021 to finish the term of the resigned Sen. Johnny Isakson (R), subsequently won reelection in 2022. Ossoff is up for reelection in November. On Wednesday, Fox News Chief Congressional Correspondent Chad Pergram asked Lummis if she believes Ossoff and Warnock were elected legitimately. “In your mind, are Senators Ossoff and Warnock duly chosen and sworn?” Pergram asked. The senator paused for several seconds. “I don’t know,” she replied. Lummis is retiring from the Senate in January after declining to run for reelection this year. Earlier on Wednesday during a Senate confirmation hearing, Ossoff asked Jay Clayton, Trump’s nominee for Director of National Intelligence, “Who won the 2020 election?” Clayton, who is currently the U.S. Attorney for the Southern District of New York, refused to say Biden won or that Trump lost. Watch above via Fox News.The post Republican Senator Pauses Awkwardly When Fox News Reporter Asks if Democratic Colleagues Were Elected Legitimately first appeared on Mediaite. [TheTopNews] Read More.5 hours ago
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