Sky News economics and data editor Ed Conway has produced another short and information filled segment looking at how the U.S. become the biggest oil producer in the world. Well worth the 5-minutes and helps to contextualize many of the geopolitical shifts currently underway. WATCH:
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When you factor in the U.S. control over Venezuela oil production, well, things look even stronger.
This should be interesting. As White House Press Secretary Karoline Leavitt remains on maternity leave, the Trump White House has done something remarkable and very unique. Cabinet members are taking turns delivering the White House press briefing.
Today, Treasury Secretary Scott Bessent steps up to the podium and will be delivering the White House briefing at 2:00pm ET. Secretary Bessent has been one of the standout leaders throughout the first seventeen months. Livestream links below:
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(https://www.youtube.com/embed/06DLNWOefJ0?feature=oembed
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I never quite understood just how controlled the information flow is inside Canada until about two years ago when we began closely monitoring Canadian positioning for the upcoming USMCA (CUSMA) renegotiation/cancellation. It quickly became obvious the majority of Canadians have no idea why it is almost a certainty the U.S. would exit the trilateral arrangement and position for a bilateral free trade agreement.
In the two years that have passed, now we see a few Canadians starting to realize the core issues of trade conflict that make any FTA between the U.S. and Canada almost impossible. The largest issue centers around Canada’s net-zero carbon legislation that now completely disconnects them from aligned North American energy policy between the U.S. and Mexico.
A trilateral agreement requires core alignment on industrial manufacturing, and that requires similar abilities & similar energy policy. You cannot make steel, iron and aluminum without coal and gas. You need joules for heavy industrial manufacturing that cannot be achieved without exploiting coal, gas or oil (carbon materials). Canada’s energy policy no longer aligns with industrial manufacturing. This core issue cannot be resolved at the current level of energy policy in Canada.
There are other issues like Canadian trade deals with China, non-tariff barriers, legislated rules over intellectual property and other points of significant friction that make alignment within North America challenging. However, the energy component makes compatible trade impossible.
In the interview below, U.S. Ambassador to Canada Pete Hoekstra appears on a podcast with David Leis, for a blunt conversation about trade, pipelines, critical minerals, China, and why the U.S. is growing frustrated with Canada’s direction. At the end Hoekstra even explains why he is doing Canadian podcasts; because information within Canada is restricted by the government control of media – and that explains why most Canadians are clueless about the issues.
I’ve prompted the interview to the point that gets into the details. If you are interested to be fully understanding of what is coming, this is a solid reference point. Also, if you have financial investments associated with Canada or any system that is connected to the economic relationship between the U.S. and Canada, you need to watch this interview to proactively defend your financial interests. VIDEO PROMPTED:
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Watch it or listen to this roughly 30 minutes (prompted) as you cook, drive or go about your day. But listen to it and see the disconnect between Canada and the USA as outlined. Things are going to get much worse in this relationship as the finality of it all suddenly starts to sink in north of the border with the average Canadian.
Additionally, there’s another short segment on U.S-Canadian trade as discussed by U.S. Trade Representative Jamieson Greer recently at a Council on Foreign Relations event.
QUESTION: “How serious is the fissures? Are the fissures with Canada, the rupture with Canada? And can you envisage USMCA being transformed into separate agreement with Mexico, separate agreement with Canada, or no agreement with Canada?”
USTR GREER: “Well, I would say that, you know, the team right now is in Mexico. My team, and they’re negotiating with Mexico on a bilateral basis. I speak with some regularity to my Canadian counterparts.
Our sense is that we have with Canada, you know, some some trade challenges, which, you know, to some people, you know, some people may think, oh, those are just irritants to us. They’re, they’re significant, and the reality is, we’ve spent the past year and a half going to countries, telling them we have to have some level of tariff on the globe to deal with this giant death that we’re dealing with, to try to reshore, etc.
And, and most countries have, you know, I know grudgingly, but they said we understand your policy, we understand so we’re going to negotiate with you, we’re going to remove some of these tariffs and non tariff barriers, etc. Canada’s approach has been different.
They like China retaliated against the United States. Two countries in the world retaliated against us, People’s Republic of China and Canada, so they’re just, they’re just in a different spot, and it’s, it’s hard to see necessarily where that ends.”
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An interesting arrest that might warrant some background material prior to today’s events. Keep in mind there are several indicted individuals from Venezuela and Mexico now said to be cooperating with the DOJ and federal law enforcement.
In addition to former Venezuela dictator Nicolas Maduro in the Southern District of New York, we should also note three Mexican officials connected to the Sinaloa cartel previously turned themselves in to U.S. federal officials and are said to be cooperating.
Earlier this month, Gerardo Mérida, a retired Mexican army general who served as public-security secretary in northwestern Sinaloa state surrendered in Tucson, Arizona. Enrique Inzunza Cazárez, who is also facing drug trafficking and weapon charges, was taken into custody in San Diego by the DEA. Sinaloa businessman Enrique Diaz Vega – another name from the SDNY indictment – also turned himself into U.S. authorities in Arizona.
As you read this story, also keep in mind the Defense Counterintelligence and Security Agency, falls under the authority of the Office of the Director of National Intelligence, Tulsi Gabbard, and that agency oversees a background check program, known as “continuous vetting.”
According to NBC News a 20-year veteran manger within the CIA named David Rush has been arrested on suspicion of embezzlement and theft. The CIA operative was reported to have been referred to the FBI by CIA Director John Ratcliffe.
(VIA NBC) WASHINGTON — A former CIA senior officer with top secret-level clearance has been accused of secretly stashing millions of dollars in gold bars in his home that he said he needed for “work-related expenses,” according to court documents and two people familiar with his employment history.
David Rush, who held a management position, was charged with criminal theft of public money in a complaint filed last week in the Eastern District of Virginia. His lawyer didn’t respond to a request for comment. He was also accused of lying to his employers about his background for nearly two decades.
Asked about Rush’s case, a CIA spokesperson said in a statement joint statement with the FBI that the FBI had arrested a person after a referral from the agency.
“After a CIA internal investigation identified potential violations of the law, CIA Director John Ratcliffe referred the information to the FBI for a law enforcement investigation,” the written statement said. “The FBI is working closely with our partners at the CIA and the Department of Justice as we continue to investigate this matter fully. We are committed to following the facts, ensuring accountability, and pursuing justice in accordance with the law.”
[…] It wasn’t clear how the investigation into Rush began, and it also wasn’t clear when he left the CIA. His home was raided just last week.
From November through March, Rush made several requests for funds, including for foreign currency and tens of millions of dollars in gold bars, according to an affidavit filed in federal court by an FBI agent investigating the case.
In a storage space near his office, investigators found only a portion of the funds. On May 18, federal agents searched Rush’s home and seized roughly 300 gold bars worth more than $40 million, court documents said. Agents also seized about $2 million in U.S. currency and 35 luxury watches, mostly Rolexes, according to the affidavit.
The affidavit alleges Rush knowingly took part of the money he requested for work-related expenses to his home for personal gain.
The court filing didn’t specify which agency employed Rush, but the two people familiar with his employment history said he was with the CIA. (link)
Separate allegations in the complaint accuse Rush of falsifying his background over nearly two decades in dealings with government employers.
Earlier today, President Trump and Vice President JD Vance held a cabinet meeting in the White House. The assembled press pool was invited to attend. Again, President Trump being the most transparent administration in history.
President Trump walked through many of the policy agendas within the various cabinet offices, and each cabinet head responded by discussing what their department was doing to combat waste and fraud and align for the strongest economic outcome. At 26:39 of the video, Secretary of State Marco Rubio walks through the current status of engagement with Iran, Venezuela and Cuba. At 45:00 of the video, Secretary of War Pete Hegseth discusses the ongoing military operation in the Middle East, against Iran. At 54:11 Secretary of Treasury Scott Bessent provides an update.
At 58:00 the media question session begins. WATCH:
“Iran thought they were going to outwait me, you know: “We’ll out wait him, he’s got the midterms.” I don’t care about the midterms, look what happened last night, that was the prelude to the midterms. They want very much to make a deal. So far, they haven’t gotten there. We’re not satisfied with it, but we will be — either that or we’ll have to just finish the job. The strait’s going to be open to everybody. It’s international waters. Nobody’s going to control it. We’re going to watch over it.”
“Iran is negotiating on fumes, but we’ll see what happens. We can make a good deal right now, but maybe not a great deal, and if it’s not a great deal, we’re not making it. Iran will receive no concessions or sanctions relief in exchange for handing over its highly enriched uranium. Iran cannot be allowed to possess a nuclear weapon because it will use it immediately and without hesitation.”
This should be interesting. As White House Press Secretary Karoline Leavitt remains on maternity leave, the Trump White House has done something remarkable and very unique. Cabinet members are taking turns delivering the White House press briefing.
Today, Treasury Secretary Scott Bessent steps up to the podium and will be delivering the White House briefing at 2:00pm ET. Secretary Bessent has been one of the standout leaders throughout the first seventeen months. Livestream links below:
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During a cabinet meeting today at the White House, President Trump took the opportunity to thank Director of National Intelligence, Tulsi Gabbard, for her exceptional work and focus within the intelligence system to organize strong reforms that will be around for a long time.
DNI Tulsi Gabbard has indeed been a transformative member of the cabinet, working through her office and agency while partnered with CIA Director John Ratcliffe and National Security Advisor Marco Rubio. Mrs. Gabbard is leaving on June 30 to stand beside her husband Abraham as he battles a bone cancer diagnosis. WATCH:
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It is expected that DNI Gabbard will deliver more information to the American public through a series of declassifications prior to the end of her tenure. There is no immediate discussion of her replacement and Principal Deputy Director of National Intelligence, Aaron Lukas, will serve as Acting Director of National Intelligence following her departure.
REMINDER: There will likely be a great deal of rumor and speculation about a different permanent replacement. One name sure to surface within the discussion is Devin Nunes, but I strongly doubt the former Chairman of the HPSCI would desire or accept the position.
If, and that is a very big ‘if’, Devin Nunes was to accept the role, that would indicate a remarkable change in his opinion about the overall intelligence apparatus. Therefore, I doubt this is an option. Devin Nunes believes in the historic fidelity of the intelligence institutions. As a result, the DNI position has seemed smaller and less significant.
The only way Nunes would take the job is if two things changed. First, he now believed the construct of the United States intelligence apparatus is teetering on the edge of irreversible corruption (he did not previously hold this position); and second, if he sees that Tulsi has now proven the power of the DNI in the intelligence apparatus. As readers here will fully understand, until DNI Gabbard that power was never fully extended.
Former House Permanent Select Committee on Intelligence (HPSCI) member Elise Stefanik will likely be another name. She would have the full support of the Susie Wiles grouping. The same network who advocated for Mike Waltz to be National Security Advisor. However, Stefanik would greatly please Laura Loomer, Mark Levin and Ben Shapiro; while conversely providing fuel for Tucker Carlson and Megyn Kelly antagonisms.
Former National Security Advisor Michael Flynn would likely be another name. Unfortunately, Flynn’s judgement is not stellar, and while he has been supportive of Mrs. Gabbard it’s not likely President Trump wants that kind of Flynn drama or the issues he brings with him for a nomination. That said, if the political calculation is to fuel the core base, Flynn might stand a chance at nomination. But don’t overthink it, Flynn would be of no value in the DNI position for anything of substance. Again, weak judgement (led to his former demise) and grifting tendencies.
Two other names of note: Scott Perry from Pennsylvania who was a target of the FBI/IC for his support of President Trump, and Rick Crawford the current Chairman of the House Permanent Select Committee on Intelligence, a gang of eight member. The IC has nothing to fear from either of these names. They are essentially Mike Waltz clones, though to be fair I might be a little harsh on Perry.
Rick Crawford, as HPSCI Chairman, allowed Tulsi Gabbard to review the Atkinson transcript. Still, he didn’t act until Gabbard asked to see it and later pushed to declassify it. While he had the authority to handle it himself, like many congressional IC members in both the House and Senate, he seemed wary of challenging the very system they’re tasked with overseeing. [TIP: If whoever’s name it is currently falls under the IC oversight mechanism, they probably fear the “seven ways from Sunday” group, unlike Tulsi Gabbard. Accept this reality and adjust your perspective accordingly.]
GOPe types and “CONservative” influencers might also bring up Trey Gowdy or former HPSCI Chairman Mike Rogers. If either of these names show up, there’s a problem. And anyone advancing these names…. well, they’re the problem.
One name that would seem to fit the role and responsibilities would be former Congressman Dan Bishop, currently serving as a U.S. Attorney in North Carolina. Bishop was a member of the House Subcommittee on Govt Weaponization that frustratingly went nowhere as it was designed to fail by House Judiciary Chairman Jim Jordan. Bishop himself was frustrated by the lack of assertiveness within the sub-committee structure.
There’s no immediate need for any speculative guesswork. ADNI Aaron Lukas will likely do a solid job.
Apparently, former Attorney General Pam Bondi has been battling thyroid cancer since her departure from Main Justice. Axios is reporting today that President Trump has appointed Bondi to an advisory committee role on artificial intelligence.
[Axios via MSM] – President Trump has appointed former Attorney General Pam Bondi to an advisory committee focused on AI policy, Axios has learned.
Driving the news: Bondi, whom Trump ousted as AG last month, will be on the Presidential Council of Advisors on Science and Technology (PCAST).
The panel is chaired by former White House AI adviser David Sacks and White House science adviser Michael Kratsios. It also includes more than a dozen tech executives, including Nvidia co-founder Jensen Huang, Meta CEO Mark Zuckerberg and Oracle co-founder Larry Ellison.
What we’re hearing: Bondi will be charged with facilitating coordination between the government and the tech titans on the panel.
What they’re saying: “Pam has been an enormously valuable asset to the president’s team, and I’m thrilled for her and for all of us that she’s going to remain involved in confronting some of the most important issues the administration faces,” Vice President JD Vance said in a statement.
Bondi will also serve in a newly established advisory role on national infrastructure.
Between the lines: Bondi was diagnosed with thyroid cancer shortly after departing the Justice Department, according to a source. She underwent treatment and is recovering. (SOURCE)
That is terrible news. Prayers for a full recovery.
Heavenly Father, we come before You with prayer. We pray for the power of Your Holy Spirit to bring healing and restoration to the body of Pam Bondi. We beg Your divine touch to remain upon her, bringing her comfort, strength and healing to both her physical and spiritual life. Lord of mercy, we pray that You will grant Mrs. Bondi a peace in recovery that surpasses understanding. May Your loving presence surround her and those she loves, removing fear, anxiety or doubt.
We ask that You extend a powerful embrace upon her, as we accept that You are with her in every step of this healing process. Father who guides all that is known, it is You alone who controls very cell, tissue, and organ in our body. Through You miraculous healing and wholeness is possible. May Your power flow through her, restoring her health and vitality. In Jesus name we pray. ~ Amen
Following a massive victory in the Texas republican primary race, defeating incumbent Senator John Cornyn, Texas AG Ken Paxton speaks to an enthusiastic audience of supporters in his home state.
In the other half of the video, beginning at 10:39, defeated Texas Senator John Cornyn delivers his concession speech. WATCH:
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Earlier today the New York Post (Murdoch Inc.) was reporting a cabinet meeting was scheduled to take place tomorrow at Camp David, in Maryland. The unusual location for this meeting stemmed from information the Post obtained via an anonymous “White House official.”
For some reason, every media report felt it was important to emphasize that Director of National Intelligence Tulsi Gabbard would be in attendance at the cabinet meeting. Gabbard’s departure is openly well known and not expected until June 30th, but for some reason the DC media stenographers were quite interested in whether DNI Gabbard would be in attendance.
After about 8 hours, President Trump announced the cabinet meeting was moved back to Washington DC, due to an inclement weather forecast.
[WEATHER]
Terrible weather. Horrible stuff. 40% chance of rain even.
Cloudy, with a chance of meatballs.
During the eight hours between the leaked location report and the sudden reversal in venue, something else happened.
[SOURCE]
In this shifted role, State Department Counselor Michael Needham, a longtime confidant and aide to U.S. Secretary of State Marco Rubio, will now be the assistant to President Trump and deputy national security adviser.
Mike Needham will serve along with Rubio, who, in addition to being Secretary of State is also President Trump’s National Security Advisor. The National Security Advisor runs the White House National Security Council.
You may note, the Director of National Intelligence (DNI), that would be Tulsi Gabbard, serves as the head of the U.S. Intelligence Community and also acts as the principal advisor to: the President, the National Security Council, and the Homeland Security Council, for all intelligence matters related to national security.
Deputy National Security Advisor Mike Needham will now assist in running the National Security Council while Marco Rubio remains in his dual role as National Security Advisor and Secretary of State. Needham was chief of staff to Rubio in the U.S. Senate during Rubio’s tenure as Vice-Chair of the Senate Select Committee on Intelligence (SSCI) and a Gang of Eight member.
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