Today, President Donald Trump is visiting Peterbilt Motors Company factory in Denton, Texas, to emphasize the economic wins within the jobs and manufacturing industries.

Current economic growth is anticipated to exceed five percent GDP as the prior investments now materialize in jobs and production outputs.  Simultaneously, trade deficits are declining as the U.S produces ever-increasing amounts of domestic goods needed within the U.S. economy.  This domestic activity expands jobs and the economy at rapid rates.

President Trump is anticipated to begin his remarks around 4:30pm ET with Livestream Links Below:

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The United States is hosting the G20 Summit this year.  As part of the G20 Process various ministers and ambassadors from all of the G20 ministerial sessions, attend summits in the lead-in to the political leader summit in Miami this December.

During the opening session of the G20 trade plenary session, Greer outlined four strategic priorities that President Trump is bringing to the center of the G20 trade group this year. “There are four workstreams the U.S. Presidency has focused on over the course of the year: (1) the weaponization of food, (2) structural excess capacity and production, (3) the Most-Favored-Nation principle, and (4) forced labor in global supply chains.” [READ MORE] These were the directed topics at the beginning of the summit.

Speaking from Milwaukee, Wisconsin, at the G20 Trade Ministerial Session, U.S. Trade Representative Jamieson Greer gives important remarks and answers questions from the media at the conclusion of the two-day event. WATCH: 

Within one question from an EU/Canada media stenographer, there’s a rather brutally obvious statement from USTR Greer. Absolutely epic. Both Canada and Europe are missing a very key something from their economic model, CONSUMERS!

Instead of focusing on growth within their domestic economies, both Canada and Europe rely on the USA to provide the CONSUMERS for their goods. Negotiating from that position is not too difficult.

ESSENTIALLY, currently Canada sends their overproduction to the USA (hence their trade surplus). Currently the EU send their overproduction to the USA (hence their trade surplus). Block those inbound surpluses and what exactly is Canada and the EU going to do with their newly acquired excess?

The two lowest growth economic systems, that are both missing the critical component of ‘consumers’, are going to send their excess products to each other?  Think about it.

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U.S Trade Representative (USTR) Jamieson Greer, is attending the G20 Trade Summit in Milwaukee, Wisconsin, and appars on Bloomberg News to outline some of the current issues and events being discussed during the assembly.

Greer notes the U.S. energy team is talking to the European energy ministers about using part of their diesel reserve supply to supplement the global refining shortage that might relieve some of the pricing pressure on the energy sector.

Additionally, Greer is questioned about the dumping issues of steel and aluminum that is part of the larger G20 trade discussion.  Greer notes the EU needs to take some action to address the issues on their end, which is part of the ongoing talks at the plenary session.  As to the discussions with Canada and the USMCA, Greer notes the bilateral trade negotiator, Dominic LeBlanc from Canada is not present at these discussions, so no forward activity is noted.  WATCH:

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President Trump delivered impromptu remarks to the press today as he departs the White House for an event in Texas.  The assembled press pool asked a variety of questions based on current events.

President Trump is heading to Texas, Oklahoma, Ohio, Alabama and Nebraska for campaign events. WATCH:

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In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

This thread will refresh daily and appear above the Open Discussion Thread.

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Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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Most people will not read the Inspector General Report in full [SEE PDF HERE].  But if you did, you might come to the same conclusion as myself.  The entire FED and IG Michael Horowitz should be fired, arrested and prosecuted for corruption at a level that is simply jaw dropping.

The issue is really simple if you cut through the fog of the report.  The FED Board awarded a no-bid contract to the contractor, without an agreement on the building renovation project and the construction costs associated with it until President Donald Trump began drawing attention to it.  This is gross corruption at a massive scale.

To use the terminology of the report, start with this aspect:

…”the Board selected a different project delivery method, construction manager at risk (CMAR), for the Eccles-1951 renovation project. A well-managed CMAR contract allows a building owner—in this case, the Board—to transfer certain construction risks, including those related to cost and schedule performance, to its construction manager (also known as a construction manager as constructor, or CMc). To effect this risk transfer, a CMAR contract provides for the owner and CMc to agree on a guaranteed maximum price (GMP) for the project, usually around the time construction begins or building design is substantially complete. Once the GMP is set, the owner has greater cost certainty and the CMc is incentivized to carefully manage costs. If costs exceed the GMP, the CMc absorbs them with limited exceptions, such as when the GMP may be increased to account for change events like owner directed changes or other adjustments like unforeseen site conditions“… {Source pg, 5}

So, the FED board established, at least with themselves, that they would have an agreement on cost for the project.  However, if you go to page 60 of the report you find this:

…” in connection with a multibillion-dollar contract, the Board did not ask its CMc for a construction cost estimate or a GMP until December 2025—about 3.5 years after construction began and after the Board had already awarded more than $2 billion. Specifically, the Board did not take advantage of several key opportunities to request a cost estimate from the CMc”…. (Source pg, 60}

It wasn’t until President Trump drew attention to the FED having spent over $2 billion, that FED Chair Jerome Powell, and the FED board requested the construction manager and construction company to provide a cost estimate.  This is unreal, especially considering that IG Michael Horowitz finds no unlawful decision-making in the overall fiasco.

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President Trump used a pre-scheduled Hispanic Heritage event at the White House, to update on several initiatives and current policy events ongoing during the administration.

President Trump discusses the end to U.S. military force operations in Iraq and the drawdown directive given by his office for full and complete withdrawal.  Additionally, President Trump discusses ongoing issues on the trade front, tariffs, the auto sector, Canada, AI/SI and much more.  WATCH:

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The events described in the FlyDubai terrorist incident are just astonishing in sequence that led to the safe recovery of a Boeing 737 as it descended at a rate of speed beyond test limits of the aircraft during an attempted terrorist incident.

The Co-Pilot of the aircraft flying from Dubai to Israel, stabbed the captain with a pocketknife and attempted to destroy the flight controls as the plane began a rapid descent.  The captain somehow managed to activate the door locking mechanism unlocking the cabin door just before losing consciousness during the struggle.

A passenger then forcibly entered the cabin, pulled the terrorist away from the controls, pulling him back into the cabin where Israeli passengers took control of him.  As the passenger began pulling back on the flight controls trying to stop the descent, two other pilots who were on board -one Russian and one Ukrainian- came forward and took over.

Together the plainclothes pilots were able to recover the aircraft from descent as the tail stabilizing mechanism of the airliner fell apart.  The new pilots then executed an emergency landing in Saudi Arabia and all passengers were unharmed.

It really is an amazing story with so many individual events that came together to save the flight from sure disaster.  Reading about the events leaves you speechless.  These were exceptionally brave, skilled and lucky people all traveling together on just the right flight at just the right moment.  The Daily Mail has more on the story HERE.

VIDEO BELOW:

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The departure of U.S. forces and equipment “marks a transition from a wartime coalition mission to an Iraqi-led security effort,” Pentagon spokesman Sean Parnell said in a statement Wednesday. “The orderly departure of Coalition forces and equipment from Erbil Air Base marks the successful conclusion of the military mission that defeated ISIS in Iraq.”

TRUTH SOCIAL – “Today, I am pleased to announce, that the last American Forces are leaving Iraq! It has been a long time, with very bad decision-making that got us involved in this quagmire in the first place, but soon, that will be part of History. This is a Great Day for America and, importantly, we leave with Iraq having a wonderful new Prime Minister, Ali al-Zaidi, somebody I supported from the beginning and fully endorsed. He won an Election that he was not expected to win, and did so, in a landslide!

Launched in 2003 under the presidency of George W. Bush, and continued under the Administration of Barack Hussein Obama in 2014, and Sleepy Joe Biden, Operation Inherent Resolve ends in 2026 under the leadership of President Donald J. Trump. This Day is a victory for the United States, a victory for Iraq, and a decisive victory over ISIS, which has been completely decimated by the Trump Administration, First Term, along with other very bad and dangerous players.

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