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	<title>John Cornyn &#8211; Finance News Today</title>
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		<title>Trump asked Musk to lift Starlink slowdown, WSJ reports</title>
		<link>https://financenews.one/2026/10/22/trump-asked-musk-to-lift-starlink-slowdown-wsj-reports/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Thu, 22 Oct 2026 21:25:17 +0000</pubDate>
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		<category><![CDATA[Trump]]></category>
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		<guid isPermaLink="false">https://financenews.one/2026/10/22/trump-asked-musk-to-lift-starlink-slowdown-wsj-reports/</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/10/108152694-1792693118866-108152694-1748628518832-gettyimages-2217848840-kd208861_3kfowzed.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://financenews.one/wp-content/uploads/2026/10/108152694-1792693118866-108152694-1748628518832-gettyimages-2217848840-kd208861_3kfowzed.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/10/108152694-1792693118866-108152694-1748628518832-gettyimages-2217848840-kd208861_3kfowzed-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/10/108152694-1792693118866-108152694-1748628518832-gettyimages-2217848840-kd208861_3kfowzed-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/10/108152694-1792693118866-108152694-1748628518832-gettyimages-2217848840-kd208861_3kfowzed-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/10/108152694-1792693118866-108152694-1748628518832-gettyimages-2217848840-kd208861_3kfowzed-1536x864.jpeg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div>President Donald Trump asked Elon Musk to ease restrictions he had imposed on the military-grade version of SpaceX&#8216;s Starlink system in Ukraine, The Wall Street Journal reported Thursday, citing U.S. officials. The Starshield system, which Ukraine depends on in its war against Russia, was &#8220;working more normally Thursday, shortly after&#8221; Trump spoke to Musk by [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/10/108152694-1792693118866-108152694-1748628518832-gettyimages-2217848840-kd208861_3kfowzed.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://financenews.one/wp-content/uploads/2026/10/108152694-1792693118866-108152694-1748628518832-gettyimages-2217848840-kd208861_3kfowzed.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/10/108152694-1792693118866-108152694-1748628518832-gettyimages-2217848840-kd208861_3kfowzed-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/10/108152694-1792693118866-108152694-1748628518832-gettyimages-2217848840-kd208861_3kfowzed-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/10/108152694-1792693118866-108152694-1748628518832-gettyimages-2217848840-kd208861_3kfowzed-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/10/108152694-1792693118866-108152694-1748628518832-gettyimages-2217848840-kd208861_3kfowzed-1536x864.jpeg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>President <a rel="nofollow" href="https://www.cnbc.com/donald-trump/">Donald Trump</a> asked <a rel="nofollow" href="https://www.cnbc.com/elon-musk/">Elon Musk</a> to ease restrictions he had imposed on the military-grade version of <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3"><a rel="nofollow" href="https://www.cnbc.com/quotes/SPCX/">SpaceX</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span>&#8216;s Starlink system in Ukraine, The Wall Street Journal <a rel="nofollow" href="https://www.wsj.com/world/trump-called-musk-and-asked-him-to-lift-ukraine-starlink-restrictions-5aeebc6e?mod=hp_lead_pos1" target="_blank">reported</a> Thursday, citing U.S. officials.</p>
<p>The Starshield system, which Ukraine depends on in its war against Russia, was &#8220;working more normally Thursday, shortly after&#8221; Trump spoke to Musk by phone, U.S. and Ukrainian officials told the Journal.</p>
<p>Trump said later Thursday he did not &#8220;want to comment one way or the other&#8221; about whether he made the call to Musk.</p>
<p>&#8220;Whether I called or whether somebody else called, doesn&#8217;t make any difference,&#8221; Trump told reporters outside the White House as he departed for a campaign rally in Iowa.</p>
<p>&#8220;The bottom line, he put it back,&#8221; Trump said of Musk.</p>
<p>The Journal reported Tuesday that Musk, the founder and CEO of SpaceX and a critic of Ukrainian President Volodymyr Zelenskyy, had ordered the Starlink slowdown. </p>
<p>Two unnamed sources in that report said Trump and Musk had discussed the decision to throttle Starlink &#8220;soon after&#8221; the change first became public last week, while one source said Musk had spoken to Trump prior to imposing the speed cap.</p>
<p>Trump has repeatedly denied involvement in the decision and said he does not know if Musk was behind it.</p>
<p>&#8220;I don&#8217;t know who did it, but I was not involved,&#8221; Trump said Wednesday.</p>
<p>The Starlink controversy, which drew bipartisan concern and criticism from lawmakers, emerged as Trump has ramped up criticism of Zelenskyy for continuing to target Russian energy infrastructure. At the same time, Trump has pursued a deal to ease sanctions on Russia so it can supply some diesel on the global market.</p>
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<div class="RelatedContent-nonCollapsibleContent">
<h2 class="RelatedContent-header">Read more CNBC politics and policy coverage</h2>
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<p>Sen. <a rel="nofollow" href="https://www.cnbc.com/john-cornyn/">John Cornyn</a>, R-Texas, told CNBC&#8217;s &#8220;<a rel="nofollow" href="https://www.cnbc.com/squawk-box-us/">Squawk Box</a>&#8221; on Wednesday that he does not believe Musk would throttle Starlink without &#8220;at least the acquiescence of the White House.&#8221;</p>
<p>Sen. <a rel="nofollow" href="https://www.cnbc.com/richard-blumenthal/">Richard Blumenthal</a>, D-Conn., the ranking member of the Senate homeland security committee&#8217;s investigations subcommittee, on Thursday launched an inquiry into how SpaceX&#8217;s satellite tech was &#8220;degraded for Ukraine without notice.&#8221;</p>
<p>&#8220;This decision to limit critical technology for a key ally not only put Ukrainian forces at risk and their people in peril, but raises serious questions about who controls critical capabilities the U.S. government has spent billions of dollars to procure,&#8221; Blumenthal said in <a rel="nofollow" href="https://www.blumenthal.senate.gov/imo/media/doc/2026-10-22_letter_from_ranking_member_blumenthal_to_spacex_final.pdf" target="_blank">letters to Musk</a> and Defense Secretary <a rel="nofollow" href="https://www.blumenthal.senate.gov/imo/media/doc/2026-10-22_letter_from_ranking_member_blumenthal_to_hegseth_final.pdf" target="_blank">Pete Hegseth</a>.</p>
<p>The White House and an email associated with Musk did not immediately respond to CNBC&#8217;s requests for comment on Thursday&#8217;s report that Trump had asked Musk to lift the restrictions.</p>
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<p><br />
<br />Read More: <a href="https://www.cnbc.com/2026/10/22/trump-musk-starlink-ukraine.html">Trump asked Musk to lift Starlink slowdown, WSJ reports</a></p>
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		<title>Why Trump and GOP’s billion-dollar midterm election blitz isn’t working</title>
		<link>https://financenews.one/2026/10/16/why-trump-and-gops-billion-dollar-midterm-election-blitz-isnt-working/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Fri, 16 Oct 2026 16:57:25 +0000</pubDate>
				<category><![CDATA[Politics]]></category>
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		<guid isPermaLink="false">https://financenews.one/2026/10/16/why-trump-and-gops-billion-dollar-midterm-election-blitz-isnt-working/</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/10/108406326-1791942322841-gettyimages-2300085207-aw1a4353_ezwcntja.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://financenews.one/wp-content/uploads/2026/10/108406326-1791942322841-gettyimages-2300085207-aw1a4353_ezwcntja.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/10/108406326-1791942322841-gettyimages-2300085207-aw1a4353_ezwcntja-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/10/108406326-1791942322841-gettyimages-2300085207-aw1a4353_ezwcntja-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/10/108406326-1791942322841-gettyimages-2300085207-aw1a4353_ezwcntja-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/10/108406326-1791942322841-gettyimages-2300085207-aw1a4353_ezwcntja-1536x864.jpeg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div>WASILLA, ALASKA &#8211; OCTOBER 13: U.S. President Donald Trump speaks during an election rally at the Menard Memorial Sports Center on October 13, 2026 in Wasilla, Alaska. President Trump is in Alaska campaigning for local Republican candidates ahead of the midterm elections. (Photo by Alex Wong/Getty Images) Alex Wong &#124; Getty Images News &#124; Getty [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/10/108406326-1791942322841-gettyimages-2300085207-aw1a4353_ezwcntja.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/10/108406326-1791942322841-gettyimages-2300085207-aw1a4353_ezwcntja.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/10/108406326-1791942322841-gettyimages-2300085207-aw1a4353_ezwcntja-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/10/108406326-1791942322841-gettyimages-2300085207-aw1a4353_ezwcntja-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/10/108406326-1791942322841-gettyimages-2300085207-aw1a4353_ezwcntja-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/10/108406326-1791942322841-gettyimages-2300085207-aw1a4353_ezwcntja-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>WASILLA, ALASKA &#8211; OCTOBER 13: U.S. President Donald Trump speaks during an election rally at the Menard Memorial Sports Center on October 13, 2026 in Wasilla, Alaska. President Trump is in Alaska campaigning for local Republican candidates ahead of the midterm elections. (Photo by Alex Wong/Getty Images)</p>
<p>Alex Wong | Getty Images News | Getty Images</p>
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<p>A <a rel="nofollow" href="https://www.cnbc.com/campaign-finance/">billion-dollar war chest</a> was meant to be <a rel="nofollow" href="https://www.cnbc.com/republicans/">Republicans&#8217;</a> great equalizer heading into a bleak <a rel="nofollow" href="https://www.cnbc.com/elections/">midterm election</a> environment defined by <a rel="nofollow" href="https://www.cnbc.com/2026/08/26/election-republicans-dismissing-affordability.html">economic frustration</a>, President <a rel="nofollow" href="https://www.cnbc.com/donald-trump/">Donald Trump&#8217;s</a> unpopularity and fallout from the war in <a rel="nofollow" href="https://www.cnbc.com/id/10000297">Iran</a>.</p>
<p>So far it hasn&#8217;t worked.</p>
<p>From Labor Day through Oct. 14, GOP groups injected more than $740 million into congressional races that will determine <a rel="nofollow" href="https://www.cnbc.com/make-it/2026/10/09/midterm-elections-stock-market.html">control of Congress</a>, according to a CNBC analysis of AdImpact data. That includes at least $220 million in spending from Trump-linked groups. <a rel="nofollow" href="https://www.cnbc.com/elon-musk/">Elon Musk</a> has separately given another <a rel="nofollow" href="https://www.cnbc.com/2026/10/12/elon-musk-republican-donations-2026-midterm-election.html">$276 million</a> to Republican groups since July and helped boost the GOP&#8217;s Senate Leadership Fund super PAC <a rel="nofollow" href="https://www.cnbc.com/2026/10/15/elon-musk-senate-leadership-fund-fundraising.html">to a record quarter</a>.</p>
<p>Yet with less than three weeks until the Nov. 3 Election Day, the spending blitz has barely moved the map. Democrats lead in <a rel="nofollow" href="https://fiftyplusone.news/averages#senate" target="_blank">FiftyPlusOne&#8217;s polling averages</a> across nine of the Senate&#8217;s most competitive races – Alaska, Georgia, Iowa, Kansas, Maine, Michigan, Minnesota, New Hampshire, North Carolina, Ohio and Texas – little changed from before the Republican spending spree. Minnesota was expected to be solidly blue, making its tight race a concern for Democrats.</p>
<p>And Republican political operatives and independent election observers CNBC spoke with say the money hasn&#8217;t had the effects its magnitude would be expected to in voter sentiment.</p>
<p>Meanwhile, the broader battlefield continues to deteriorate for Republicans. Democrats are favored to<a rel="nofollow" href="https://www.cookpolitical.com/analysis/house/house-overview/eighteen-more-house-race-ratings-move-democrats-favor" target="_blank"> flip the House</a> and remain <a rel="nofollow" href="https://www.cookpolitical.com/ratings/senate-race-ratings" target="_blank">competitive in the Senate</a>, according to the <a rel="nofollow" href="https://www.cookpolitical.com/" target="_blank">Cook Political Report with Amy Walter</a>, forcing the GOP to burn millions protecting once-safe seats while abandoning former pickup targets.</p>
<p>&#8220;Money is an amplifier, not a magic wand,&#8221; said <a rel="nofollow" href="https://pos.org/partners/neil-newhouse/" target="_blank">Neil Newhouse</a>, partner at Republican polling firm Public Opinion Strategies. &#8220;You can buy all the airtime in the world, but if the political climate is blowing 30 miles an hour in your face, ad volume alone isn&#8217;t going to turn the weather around.&#8221;</p>
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<p>The new stickers can be seen as people go to Beulah Heights University to cast their vote on the first day of early voting on October 13, 2026 in Atlanta, Georgia. </p>
<p>Megan Varner | Getty Images</p>
</div>
</div>
</div>
<h2 class="ArticleBody-subtitle"><a rel="nofollow" id="headline0"/>Musk flooding the zone</h2>
<div class="group">
<p>Republicans entered the final stretch of the midterm election with unusually deep pockets.</p>
<p><a rel="nofollow" href="https://www.cnbc.com/2026/09/21/trump-maga-midterm-spending-war-chest.html">MAGA Inc.</a> had nearly $416 million on hand at the end of August, according to Federal Election Commission filings. Across the broader ecosystem, major Republican organizations had roughly $1 billion available, eclipsing the $579 million available for comparable Democratic groups, according to a CNBC analysis of Federal Election Commission filings.</p>
<p>Then came Musk — after saying he&#8217;d be less involved in this year&#8217;s&#8230;</p>
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</div>
<p><br />
<br />Read More: <a href="https://www.cnbc.com/2026/10/16/republicans-midterms-spending-trump-musk-2026.html">Why Trump and GOP’s billion-dollar midterm election blitz isn’t working</a></p>
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		<title>Trump Russia diesel deal faces new GOP opposition</title>
		<link>https://financenews.one/2026/10/13/trump-russia-diesel-deal-faces-new-gop-opposition/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Tue, 13 Oct 2026 18:47:14 +0000</pubDate>
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		<guid isPermaLink="false">https://financenews.one/2026/10/13/trump-russia-diesel-deal-faces-new-gop-opposition/</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/10/108186777-17552856182025-08-15t191710z_716792593_rc2r7gardjkl_rtrmadp_0_ukraine-crisis-summit.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/10/108186777-17552856182025-08-15t191710z_716792593_rc2r7gardjkl_rtrmadp_0_ukraine-crisis-summit.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/10/108186777-17552856182025-08-15t191710z_716792593_rc2r7gardjkl_rtrmadp_0_ukraine-crisis-summit-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/10/108186777-17552856182025-08-15t191710z_716792593_rc2r7gardjkl_rtrmadp_0_ukraine-crisis-summit-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/10/108186777-17552856182025-08-15t191710z_716792593_rc2r7gardjkl_rtrmadp_0_ukraine-crisis-summit-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/10/108186777-17552856182025-08-15t191710z_716792593_rc2r7gardjkl_rtrmadp_0_ukraine-crisis-summit-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div>U.S. President Donald Trump stands with Russian President Vladimir Putin, as they meet to negotiate for an end to the war in Ukraine, at Joint Base Elmendorf-Richardson in Anchorage, Alaska, U.S., August 15, 2025. Kevin Lamarque &#124; Reuters More Republicans are speaking out against President Donald Trump&#8216;s decision to let Vladimir Putin&#8216;s Russia temporarily export [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/10/108186777-17552856182025-08-15t191710z_716792593_rc2r7gardjkl_rtrmadp_0_ukraine-crisis-summit.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/10/108186777-17552856182025-08-15t191710z_716792593_rc2r7gardjkl_rtrmadp_0_ukraine-crisis-summit.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/10/108186777-17552856182025-08-15t191710z_716792593_rc2r7gardjkl_rtrmadp_0_ukraine-crisis-summit-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/10/108186777-17552856182025-08-15t191710z_716792593_rc2r7gardjkl_rtrmadp_0_ukraine-crisis-summit-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/10/108186777-17552856182025-08-15t191710z_716792593_rc2r7gardjkl_rtrmadp_0_ukraine-crisis-summit-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/10/108186777-17552856182025-08-15t191710z_716792593_rc2r7gardjkl_rtrmadp_0_ukraine-crisis-summit-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>U.S. President Donald Trump stands with Russian President Vladimir Putin, as they meet to negotiate for an end to the war in Ukraine, at Joint Base Elmendorf-Richardson in Anchorage, Alaska, U.S., August 15, 2025. </p>
<p>Kevin Lamarque | Reuters</p>
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<p>More Republicans are speaking out against President <a rel="nofollow" href="https://www.cnbc.com/donald-trump/">Donald Trump</a>&#8216;s decision to let <a rel="nofollow" href="https://www.cnbc.com/vladimir-putin/">Vladimir Putin</a>&#8216;s Russia temporarily export diesel fuel on the global market, expanding the <a rel="nofollow" href="https://www.cnbc.com/2026/10/12/trump-russia-diesel-putin.html">bipartisan blowback</a> over the deal.</p>
<p>Six GOP senators joined six of their Democratic colleagues <a rel="nofollow" href="https://www.blumenthal.senate.gov/imo/media/doc/2026-10-13_letter_to_potus_re_russian_diesel_exports.pdf" target="_blank">in a letter Tuesday</a> urging Trump to cancel the arrangement allowing Russia to supply 4.8 million metric tons, or nearly 36 million barrels, of diesel through mid-April.</p>
<p>&#8220;This deal is a gift to our adversary and a betrayal of our Allies; it should be rescinded,&#8221; the lawmakers wrote.</p>
<p>Republican Sens. <a rel="nofollow" href="https://www.cnbc.com/thom-tillis/">Thom Tillis</a> of North Carolina, <a rel="nofollow" href="https://www.cnbc.com/susan-collins-united-states-senator-from-maine/">Susan Collins</a> of Maine, Oklahoma&#8217;s Alan Armstrong, <a rel="nofollow" href="https://www.cnbc.com/lisa-murkowski/">Lisa Murkowski</a> of Alaska, Kentucky&#8217;s <a rel="nofollow" href="https://www.cnbc.com/mitch-mcconnell/">Mitch McConnell</a> and <a rel="nofollow" href="https://www.cnbc.com/john-cornyn/">John Cornyn</a> of Texas signed on, adding to the list of of GOP Congress members who had earlier questioned the deal Trump announced Friday. Armstrong has roots in the energy industry, having been CEO of <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-10"><a rel="nofollow" href="https://www.cnbc.com/quotes/WMB/">Williams Companies</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span>, the largest natural gas-focused company in the U.S.</p>
<p>They joined Democratic Sens. <a rel="nofollow" href="https://www.cnbc.com/richard-blumenthal/">Richard Blumenthal</a> of Connecticut, New Hampshire&#8217;s <a rel="nofollow" href="https://www.cnbc.com/jeanne-shaheen/">Jeanne Shaheen</a>, <a rel="nofollow" href="https://www.cnbc.com/richard-durbin/">Richard Durbin</a> of Illinois, Delaware&#8217;s <a rel="nofollow" href="https://www.cnbc.com/chris-coons/">Chris Coons</a> and Rhode Island&#8217;s <a rel="nofollow" href="https://www.cnbc.com/sheldon-whitehouse/">Sheldon Whitehouse</a> and <a rel="nofollow" href="https://www.cnbc.com/jack-reed--cnbc/">Jack Reed</a>.</p>
<p>The White House did not immediately respond to CNBC&#8217;s request for comment on the letter.</p>
<p>Collins, Murkowski and Tillis had already spoken out, joining a <a rel="nofollow" href="https://www.foreign.senate.gov/press/dem/release/ranking-member-shaheen-and-6-bipartisan-senatorsstatement-on-legality-of-imports-of-russian-diesel-fuel" target="_blank">statement</a> with Democrats on Sunday that urged Trump not to &#8220;provide Putin with a financial lifeline while Russia continues to kill Ukrainian civilians.&#8221;</p>
<p>Republican Sen. John Curtis of Utah had also joined that statement.</p>
<p>Trump announced the Russia diesel deal after a call with Putin. The announcement quickly drew an unusually critical response from Ukrainian President Volodymyr Zelenskyy, who counts on continued U.S. support for his military. Trump, in turn, slammed Zelenskyy, saying Ukraine should get a <a rel="nofollow" href="https://apnews.com/article/russia-ukraine-war-trump-putin-diesel-228ccf74b2848c1ff0ac23f038b37512" target="_blank">new president</a>.</p>
<p>Trump claimed in Friday&#8217;s announcement that the deal will help quickly and sharply bring record-high diesel prices down. But oil analysts don&#8217;t think the Russian supply will be nearly enough to make a meaningful impact on prices.</p>
<p>The 12 senators who signed Tuesday&#8217;s letter to Trump agreed, writing that the deal &#8220;will not achieve just ends, nor will it benefit Americans.&#8221;</p>
<p>&#8220;Allowing Russian-origin diesel into global markets will offer limited to no relief to Americans,&#8221; the senators told Trump.</p>
<p>&#8220;It will have a negligible impact on fuel prices, but the revenues the Kremlin will receive from this agreement will undoubtedly finance its desired war of attrition and advance its security cooperation with China, Iran, and North Korea,&#8221; they wrote.</p>
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<p>The senators also alleged, as other critics already have, that the diesel deal contradicts the bipartisan Russian&#8230;</p>
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<br />Read More: <a href="https://www.cnbc.com/2026/10/13/trump-russia-diesel-republicans.html">Trump Russia diesel deal faces new GOP opposition</a></p>
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		<title>Cassidy supports Todd Blanche, Trump&#8217;s embattled attorney general pick</title>
		<link>https://financenews.one/2026/08/07/cassidy-supports-todd-blanche-trumps-embattled-attorney-general-pick/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Fri, 07 Aug 2026 15:16:48 +0000</pubDate>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[attorney]]></category>
		<category><![CDATA[Blanche]]></category>
		<category><![CDATA[Breaking News: Politics]]></category>
		<category><![CDATA[business news]]></category>
		<category><![CDATA[Cassidy]]></category>
		<category><![CDATA[Donald J. Trump]]></category>
		<category><![CDATA[Donald Trump]]></category>
		<category><![CDATA[embattled]]></category>
		<category><![CDATA[general]]></category>
		<category><![CDATA[Government and politics]]></category>
		<category><![CDATA[Jeffrey Epstein]]></category>
		<category><![CDATA[John Cornyn]]></category>
		<category><![CDATA[Justice Department]]></category>
		<category><![CDATA[Laws]]></category>
		<category><![CDATA[Lisa Murkowski]]></category>
		<category><![CDATA[pick]]></category>
		<category><![CDATA[supports]]></category>
		<category><![CDATA[Thom Tillis]]></category>
		<category><![CDATA[Todd]]></category>
		<category><![CDATA[Todd Blanche]]></category>
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		<guid isPermaLink="false">https://financenews.one/2026/08/07/cassidy-supports-todd-blanche-trumps-embattled-attorney-general-pick/</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/08/108344489-1785850230003-gettyimages-2286239833-1el01847_nh19zon2.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/08/108344489-1785850230003-gettyimages-2286239833-1el01847_nh19zon2.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/08/108344489-1785850230003-gettyimages-2286239833-1el01847_nh19zon2-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/08/108344489-1785850230003-gettyimages-2286239833-1el01847_nh19zon2-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/08/108344489-1785850230003-gettyimages-2286239833-1el01847_nh19zon2-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/08/108344489-1785850230003-gettyimages-2286239833-1el01847_nh19zon2-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div>Acting Attorney General Todd Blanche appears at his confirmation hearing in front of the Senate Judiciary Committee on Capitol Hill July 15, 2026 in Washington, DC. Eric Lee &#124; Getty Images Sen. Bill Cassidy, R-La., said Friday he will vote to confirm Todd Blanche as attorney general, giving President Donald Trump&#8217;s embattled nominee a crucial [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/08/108344489-1785850230003-gettyimages-2286239833-1el01847_nh19zon2.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/08/108344489-1785850230003-gettyimages-2286239833-1el01847_nh19zon2.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/08/108344489-1785850230003-gettyimages-2286239833-1el01847_nh19zon2-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/08/108344489-1785850230003-gettyimages-2286239833-1el01847_nh19zon2-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/08/108344489-1785850230003-gettyimages-2286239833-1el01847_nh19zon2-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/08/108344489-1785850230003-gettyimages-2286239833-1el01847_nh19zon2-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>Acting Attorney General Todd Blanche appears at his confirmation hearing in front of the Senate Judiciary Committee on Capitol Hill July 15, 2026 in Washington, DC.  </p>
<p>Eric Lee | Getty Images</p>
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<p>Sen. <a rel="nofollow" href="https://www.cnbc.com/bill-cassidy/">Bill Cassidy</a>, R-La., said Friday he will vote to confirm <a rel="nofollow" href="https://www.cnbc.com/2026/07/30/trump-blanche-ag-doj-cornyn-tillis.html">Todd Blanche</a> as attorney general, giving President <a rel="nofollow" href="https://www.cnbc.com/donald-trump/">Donald Trump&#8217;s</a> embattled nominee a crucial vote after two other Senate Republicans announced their opposition.</p>
<p>Cassidy&#8217;s support appears to give Blanche the 50 votes he needs for confirmation, assuming no other Republicans defect. Republicans hold 53 seats, but Sens. <a rel="nofollow" href="https://www.cnbc.com/susan-collins-united-states-senator-from-maine/">Susan Collins</a>, R-Maine, and <a rel="nofollow" href="https://www.cnbc.com/lisa-murkowski/">Lisa Murkowski</a>, R-Alaska, have said they will vote against Blanche, while Sen. <a rel="nofollow" href="https://www.cnbc.com/2026/07/08/mcconnell-health-update-beshear-hospitalization-kentucky.html">Mitch McConnell</a>, R-Ky., remains absent from the Senate — leaving Blanche with exactly 50 Republican votes.</p>
<p>Cassidy had emerged as the pivotal vote after Murkowski announced Friday morning she would oppose Blanche, citing concerns about the <a rel="nofollow" href="https://www.cnbc.com/2026/06/19/doj-anti-weaponization-fund-trump.html">politicization of the Justice Department</a> and its handling of the <a rel="nofollow" href="https://www.cnbc.com/2026/07/17/epstein-victims-todd-blanche-doj-trump-tillis.html">Jeffrey Epstein files</a>.</p>
<p>&#8220;This is not a referendum on President Trump,&#8221; Cassidy said on the Senate floor Friday. &#8220;It is a decision regarding Mr. Blanche in very specific circumstances.&#8221;</p>
<p>Blanche, Trump&#8217;s former personal attorney who is serving as <a rel="nofollow" href="https://www.cnbc.com/2026/08/01/trumps-settlement-fund-threat-injects-uncertainty-into-ag-talks.html">acting attorney general</a>, has faced resistance from several <a rel="nofollow" href="https://www.cnbc.com/republicans/">Republicans</a> over his leadership of the Justice Department.</p>
<p>Sens. <a rel="nofollow" href="https://www.cnbc.com/john-cornyn/">John Cornyn</a>, R-Texas, and <a rel="nofollow" href="https://www.cnbc.com/thom-tillis/">Thom Tillis</a>, R-N.C., ultimately agreed to support Blanche after he provided assurances that a controversial $1.8 billion <a rel="nofollow" href="https://www.cnbc.com/video/2026/05/29/how-trumps-1point8-billion-taxpayer-funded-anti-weaponization-fund-works.html">&#8220;anti-weaponization&#8221; fund</a> created as part of a settlement in Trump&#8217;s lawsuit over the leak of his tax records had been rescinded and clarified the scope of an agreement shielding Trump and members of his family from certain tax audits.</p>
<p>Cassidy said he was &#8220;not entirely satisfied&#8221; with where matters stood and expected he could have additional concerns about the department in the future. But he argued that Trump could be &#8220;unrelenting&#8221; regardless of who held the job, making it more important to have a Senate-confirmed attorney general with greater standing to push back on the president.</p>
<p>Cassidy also pointed to positive reviews of Blanche&#8217;s management of the department from current and former prosecutors he consulted, saying critics acknowledged that Blanche knew the law and was a hands-on administrator. </p>
<p>&#8220;Mr. Blanche is not perfect, and he will tell you this,&#8221; Cassidy said. But, he argued, the choice was between Blanche and another acting attorney general who might not run the department as effectively.</p>
<p>Cassidy has his own complicated history with Trump. He was one of seven Senate Republicans who voted to convict Trump at his second impeachment trial in 2021. In May, Cassidy lost his Republican primary after Trump backed Rep. Julia Letlow, one of his challengers.</p>
<p>Cassidy appeared to grow emotional near the end of his speech as he announced his decision.</p>
<p>&#8220;All considered, I will vote for Mr. Blanche,&#8221; Cassidy said. &#8220;I&#8217;ll be criticized for this vote. What&#8217;s new?&#8221; He added that he had&#8230;</p>
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<p><br />
<br />Read More: <a href="https://www.cnbc.com/2026/08/07/blanche-ag-trump-cassidy-senate-confirmation.html">Cassidy supports Todd Blanche, Trump&#8217;s embattled attorney general pick</a></p>
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		<title>Blanche Trump&#8217;s AG nominee heads for full Senate confirmation vote</title>
		<link>https://financenews.one/2026/08/04/blanche-trumps-ag-nominee-heads-for-full-senate-confirmation-vote/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Tue, 04 Aug 2026 16:04:48 +0000</pubDate>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Blanche]]></category>
		<category><![CDATA[Breaking News: Politics]]></category>
		<category><![CDATA[business news]]></category>
		<category><![CDATA[confirmation]]></category>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/08/108335342-1784123219710-gettyimages-2286225178-wm021226_iygpzn6p.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/08/108335342-1784123219710-gettyimages-2286225178-wm021226_iygpzn6p.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/08/108335342-1784123219710-gettyimages-2286225178-wm021226_iygpzn6p-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/08/108335342-1784123219710-gettyimages-2286225178-wm021226_iygpzn6p-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/08/108335342-1784123219710-gettyimages-2286225178-wm021226_iygpzn6p-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/08/108335342-1784123219710-gettyimages-2286225178-wm021226_iygpzn6p-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div>Acting Attorney General Todd Blanche gets sworn in at his confirmation hearing in front of the Senate Judiciary Committee on Capitol Hill July 15, 2026 in Washington, DC. Win Mcnamee &#124; Getty Images Todd Blanche was approved by the Senate Judiciary Committee on Tuesday by a vote of 12-10, sending President Donald Trump&#8216;s pick to [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/08/108335342-1784123219710-gettyimages-2286225178-wm021226_iygpzn6p.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/08/108335342-1784123219710-gettyimages-2286225178-wm021226_iygpzn6p.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/08/108335342-1784123219710-gettyimages-2286225178-wm021226_iygpzn6p-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/08/108335342-1784123219710-gettyimages-2286225178-wm021226_iygpzn6p-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/08/108335342-1784123219710-gettyimages-2286225178-wm021226_iygpzn6p-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/08/108335342-1784123219710-gettyimages-2286225178-wm021226_iygpzn6p-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>Acting Attorney General Todd Blanche gets sworn in at his confirmation hearing in front of the Senate Judiciary Committee on Capitol Hill July 15, 2026 in Washington, DC.  </p>
<p>Win Mcnamee | Getty Images</p>
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<p><a rel="nofollow" href="https://www.cnbc.com/2026/06/08/todd-blanche-trump-nominates-attorney-general.html">Todd Blanche</a> was approved by the Senate Judiciary Committee on Tuesday by a vote of 12-10, sending President <a rel="nofollow" href="https://www.cnbc.com/donald-trump/">Donald Trump</a>&#8216;s pick to be attorney general to the Senate floor for a confirmation vote. </p>
<p>The vote comes after Blanche, the current acting attorney general, struck a deal with Sens. <a rel="nofollow" href="https://www.cnbc.com/john-cornyn/">John Cornyn</a>, R-Texas, and <a rel="nofollow" href="https://www.cnbc.com/thom-tillis/">Thom Tillis</a>, R-N.C., who said they are satisfied that the controversial &#8220;<a rel="nofollow" href="https://www.cnbc.com/2026/08/03/todd-blanche-doj-ag-senate-cornyn.html">anti-weaponization fund</a>&#8221; is dead. The pair of senators deadlocked the committee by refusing to vote for Blanche until he confirmed the program&#8217;s end in writing, despite verbal assurances.</p>
<p>Senate Judiciary Committee Democrats on Tuesday ahead of the vote on Blanche, said they are concerned the fund could still be revived. All of the committee&#8217;s Democrats opposed Blanche&#8217;s confirmation, while all the Republicans voted in favor.</p>
<p>&#8220;This document is a sham,&#8221; Sen. <a rel="nofollow" href="https://www.cnbc.com/richard-blumenthal/">Richard Blumenthal</a>, D-Conn., said, referring to files Blanche posted to social media that he said mark the end of the fund. &#8220;It is a sham and a fraud on the Congress.&#8221;</p>
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<p>Committee approval is a key step in getting Blanche&#8217;s nomination across the finish line. But he will still need to receive 50 votes on the Senate floor to be confirmed.</p>
<p>It&#8217;s unclear so far if Blanche, who is Trump&#8217;s former personal attorney, will clear that bar. Several GOP senators have not committed to voting for Blanche<strong>. </strong>They include Sens. <a rel="nofollow" href="https://www.cnbc.com/lisa-murkowski/">Lisa Murkowski</a>, R-Alaska, <a rel="nofollow" href="https://www.cnbc.com/bill-cassidy/">Bill Cassidy</a>, R-La., and <a rel="nofollow" href="https://www.cnbc.com/susan-collins-united-states-senator-from-maine/">Susan Collins</a>, R-Maine. </p>
<p>Blanche can only afford to lose two GOP votes to be confirmed, given Republicans&#8217; 53-47 majority and the extended medical absence of <a rel="nofollow" href="https://www.cnbc.com/2026/07/28/beshear-mcconnell-health-resign-senate-vacancy.html">Sen. Mitch McConnell</a>, R-Ky.</p>
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<br />Read More: <a href="https://www.cnbc.com/2026/08/04/todd-blanche-weaponization-fund-senate-confirmation.html">Blanche Trump&#8217;s AG nominee heads for full Senate confirmation vote</a></p>
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		<title>Senate appears ready to advance Blanche after Cornyn strikes deal</title>
		<link>https://financenews.one/2026/08/03/senate-appears-ready-to-advance-blanche-after-cornyn-strikes-deal/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Mon, 03 Aug 2026 13:38:45 +0000</pubDate>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/08/108339235-1784816986313-gettyimages-2285625893-AA_15072026_2884080.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/08/108339235-1784816986313-gettyimages-2285625893-AA_15072026_2884080.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/08/108339235-1784816986313-gettyimages-2285625893-AA_15072026_2884080-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/08/108339235-1784816986313-gettyimages-2285625893-AA_15072026_2884080-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/08/108339235-1784816986313-gettyimages-2285625893-AA_15072026_2884080-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/08/108339235-1784816986313-gettyimages-2285625893-AA_15072026_2884080-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div>Acting Attorney General Todd Blanche is seen before a Senate Judiciary Committee confirmation hearing for his nomination to be Attorney General, at the Dirksen Senate Office Building in Washington, DC on July 15, 2026. Nathan Posner &#124; Anadolu &#124; Getty Images The Senate appears ready to advance the nomination of Todd Blanche to be the [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/08/108339235-1784816986313-gettyimages-2285625893-AA_15072026_2884080.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/08/108339235-1784816986313-gettyimages-2285625893-AA_15072026_2884080.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/08/108339235-1784816986313-gettyimages-2285625893-AA_15072026_2884080-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/08/108339235-1784816986313-gettyimages-2285625893-AA_15072026_2884080-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/08/108339235-1784816986313-gettyimages-2285625893-AA_15072026_2884080-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/08/108339235-1784816986313-gettyimages-2285625893-AA_15072026_2884080-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>Acting Attorney General Todd Blanche is seen before a Senate Judiciary Committee confirmation hearing for his nomination to be Attorney General, at the Dirksen Senate Office Building in Washington, DC on July 15, 2026. </p>
<p>Nathan Posner | Anadolu | Getty Images</p>
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<p>The <a rel="nofollow" href="https://www.cnbc.com/video/2025/12/04/the-midterms-senate.html">Senate</a> appears ready to advance the nomination of <a rel="nofollow" href="https://www.cnbc.com/2026/07/13/trump-irs-doj-lawsuit-blanche.html">Todd Blanche</a> to be the next <a rel="nofollow" href="https://www.cnbc.com/2026/08/01/trumps-settlement-fund-threat-injects-uncertainty-into-ag-talks.html">attorney general</a> after Sen. <a rel="nofollow" href="https://www.cnbc.com/john-cornyn/">John Cornyn</a> struck a deal to formally end the &#8220;<a rel="nofollow" href="https://www.cnbc.com/2026/06/04/weaponization-fund-bill-cassidy-amicus-brief.html">anti-weaponization fund</a>&#8221; to compensate President <a rel="nofollow" href="https://www.cnbc.com/donald-trump/">Donald Trump</a>&#8216;s political allies.</p>
<p>A spokeswoman for Cornyn, R-Texas, confirmed the deal Monday in a statement to CNBC. </p>
<p>&#8220;Sen. Cornyn has reached an agreement with the Department of Justice, which will be issuing a formal order permanently terminating the anti-weaponization fund and making clear in a binding written document that the scope of the audit settlement is limited to only the plaintiffs, including the President, and the IRS,&#8221; the spokesperson, Natalie Yezbick, said.  </p>
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<p>Blanche, who is the acting attorney general, posted a <a rel="nofollow" href="https://x.com/DAGToddBlanche/status/2084114427813437897/photo/2" target="_blank">set of documents</a> overnight that he said were formally ending the fund that had ground his nomination to a halt. Senators on the Judiciary Committee, including Cornyn and Sen <a rel="nofollow" href="https://www.cnbc.com/thom-tillis/">Thom Tillis</a>, R-N.C., had warned the fund could result in payouts to violent rioters who stormed the Capitol on Jan. 6, 2021, and vowed to block Blanche until it was dead. </p>
<p>The documents showed Blanche had formally rescinded the order that created the fund in May, while clarifying aspects of the May <a rel="nofollow" href="https://www.cnbc.com/2026/05/18/trump-dismiss-irs-lawsuit.html">settlement</a> of Trump&#8217;s $10 billion lawsuit against the Internal Revenue Service that created the fund.  </p>
<p>The DOJ also clarified aspects of that deal, which created broad immunity from tax audits for the president and members of his family. </p>
<p>The documents say the settlement applies &#8220;only retroactively,&#8221; meaning it would not protect the president and his family indefinitely from audit. The DOJ also said the order would affect &#8220;named parties&#8221; in Trump&#8217;s lawsuit against the IRS, including on release of any claims.</p>
<p>The Senate Judiciary Committee is set to vote on Blanche&#8217;s nomination on Tuesday after delaying a previously planned vote due to concerns about the fund.</p>
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<br />Read More: <a href="https://www.cnbc.com/2026/08/03/todd-blanche-doj-ag-senate-cornyn.html">Senate appears ready to advance Blanche after Cornyn strikes deal</a></p>
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		<title>Trump floats pulling Blanche AG nom until after GOP holdouts leave</title>
		<link>https://financenews.one/2026/07/30/trump-floats-pulling-blanche-ag-nom-until-after-gop-holdouts-leave/</link>
		
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		<pubDate>Thu, 30 Jul 2026 16:03:45 +0000</pubDate>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/06/108288123-1775583586749-gettyimages-2270246377-cs011003_mwuibarf.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/06/108288123-1775583586749-gettyimages-2270246377-cs011003_mwuibarf.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/06/108288123-1775583586749-gettyimages-2270246377-cs011003_mwuibarf-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/06/108288123-1775583586749-gettyimages-2270246377-cs011003_mwuibarf-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/06/108288123-1775583586749-gettyimages-2270246377-cs011003_mwuibarf-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/06/108288123-1775583586749-gettyimages-2270246377-cs011003_mwuibarf-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div>Acting U.S. Attorney General Todd Blanche arrives to speak during a news conference at the Robert F. Kennedy Department of Justice building on April 07, 2026 in Washington, DC. Chip Somodevilla &#124; Getty Images President Donald Trump on Thursday said he is open to &#8220;temporarily withdrawing&#8221; Todd Blanche&#8216;s nomination as U.S. attorney general until after [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/06/108288123-1775583586749-gettyimages-2270246377-cs011003_mwuibarf.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/06/108288123-1775583586749-gettyimages-2270246377-cs011003_mwuibarf.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/06/108288123-1775583586749-gettyimages-2270246377-cs011003_mwuibarf-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/06/108288123-1775583586749-gettyimages-2270246377-cs011003_mwuibarf-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/06/108288123-1775583586749-gettyimages-2270246377-cs011003_mwuibarf-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/06/108288123-1775583586749-gettyimages-2270246377-cs011003_mwuibarf-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>Acting U.S. Attorney General Todd Blanche arrives to speak during a news conference at the Robert F. Kennedy Department of Justice building on April 07, 2026 in Washington, DC. </p>
<p>Chip Somodevilla | Getty Images</p>
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<p>President <a rel="nofollow" href="https://www.cnbc.com/donald-trump/">Donald Trump</a> on Thursday said he is open to &#8220;temporarily withdrawing&#8221; <a rel="nofollow" href="https://www.cnbc.com/amp/2026/07/29/todd-blanche-attorney-general-trump-irs-audit-cornyn.html">Todd Blanche</a>&#8216;s nomination as U.S. <a rel="nofollow" href="https://www.cnbc.com/2026/07/17/epstein-victims-todd-blanche-doj-trump-tillis.html">attorney general</a> until after two Republican holdouts, Sens. <a rel="nofollow" href="https://www.cnbc.com/2026/05/26/texas-primary-election-senate-paxton-cornyn.html">John Cornyn</a> and <a rel="nofollow" href="https://www.cnbc.com/2026/06/03/tillis-trump-pulte-intelligence-dni-senate.html">Thom Tillis</a>, leave office next year.</p>
<p>Trump floated that possibility in a <a rel="nofollow" href="https://truthsocial.com/@realDonaldTrump/posts/117009581290419286" target="_blank">Truth Social</a> post after excoriating the GOP senators over their continued refusal to back Blanche, the current acting AG, due to lingering concerns about the Department of Justice&#8217;s controversial settlement of the president&#8217;s lawsuit against his own IRS.</p>
<p>Cornyn quickly replied on X that Trump &#8220;is mistaken if he believes concerns about the provisions in his tax lawsuit settlement are limited to me and Senator Tillis.&#8221;</p>
<p><span/></p>
<p>Trump&#8217;s post came hours after the Senate Judiciary Committee, of which Cornyn and Tillis are both members, <a rel="nofollow" href="https://www.cnbc.com/2026/07/29/todd-blanche-attorney-general-trump-irs-audit-cornyn.html">postponed a vote</a> on Blanche&#8217;s nomination that was planned for Thursday.</p>
<p>&#8220;Todd Blanche is a STAR, and everyone knows it!&#8221; Trump wrote. But Cornyn and Tillis are &#8220;refusing to vote for this Great Nominee, who will remain, in any event, as Acting.&#8221;</p>
<p>The president took credit for having &#8220;ended&#8221; the political careers of Cornyn and Tillis, who are both leaving office in January. Cornyn his Republican primary race in Texas in May, after Trump endorsed his challenger, state Attorney General Ken Paxton. Tillis, of North Carolina, announced last year that he would not seek reelection.</p>
<p>&#8220;Remember, both Cornyn and Tillis voted for Merrick Garland, and others, too numerous to mention,&#8221; Trump wrote in the post, referring to former President <a rel="nofollow" href="https://www.cnbc.com/joe-biden/">Joe Biden</a>&#8216;s AG pick, who was <a rel="nofollow" href="https://www.senate.gov/legislative/LIS/roll_call_votes/vote1171/vote_117_1_00114.htm" target="_blank">confirmed 70-30</a> in the Senate in 2021.</p>
<p>Trump added, &#8220;I have no objection to temporarily withdrawing Todd&#8217;s name, if they do not do the right thing, and putting him back after Cornyn and Tillis are out of office.&#8221;</p>
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<p>Sen. John Cornyn, R-Texas (L) and Sen. John Tillis, R-NC (R)</p>
<p>Getty Images</p>
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<br />Read More: <a href="https://www.cnbc.com/2026/07/30/trump-blanche-ag-doj-cornyn-tillis.html">Trump floats pulling Blanche AG nom until after GOP holdouts leave</a></p>
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		<title>Todd Blanche nomination on edge over Trump, IRS settlement</title>
		<link>https://financenews.one/2026/07/29/todd-blanche-nomination-on-edge-over-trump-irs-settlement/</link>
		
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		<pubDate>Wed, 29 Jul 2026 17:41:51 +0000</pubDate>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/07/108339234-1784816990081-gettyimages-2285625875-AA_15072026_2884069.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/07/108339234-1784816990081-gettyimages-2285625875-AA_15072026_2884069.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/07/108339234-1784816990081-gettyimages-2285625875-AA_15072026_2884069-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/07/108339234-1784816990081-gettyimages-2285625875-AA_15072026_2884069-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/07/108339234-1784816990081-gettyimages-2285625875-AA_15072026_2884069-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/07/108339234-1784816990081-gettyimages-2285625875-AA_15072026_2884069-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div>Acting Attorney General Todd Blanche gives opening remarks during a Senate Judiciary Committee confirmation hearing on his nomination to be Attorney General, at the Dirksen Senate Office Building in Washington, DC on July 15, 2026. Nathan Posner &#124; Anadolu &#124; Getty Images The nomination of Todd Blanche for attorney general was at risk on Wednesday [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/07/108339234-1784816990081-gettyimages-2285625875-AA_15072026_2884069.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/07/108339234-1784816990081-gettyimages-2285625875-AA_15072026_2884069.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/07/108339234-1784816990081-gettyimages-2285625875-AA_15072026_2884069-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/07/108339234-1784816990081-gettyimages-2285625875-AA_15072026_2884069-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/07/108339234-1784816990081-gettyimages-2285625875-AA_15072026_2884069-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/07/108339234-1784816990081-gettyimages-2285625875-AA_15072026_2884069-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>Acting Attorney General Todd Blanche gives opening remarks during a Senate Judiciary Committee confirmation hearing on his nomination to be Attorney General, at the Dirksen Senate Office Building in Washington, DC on July 15, 2026. </p>
<p>Nathan Posner | Anadolu | Getty Images</p>
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<p>The nomination of <a rel="nofollow" href="https://www.cnbc.com/2026/07/17/epstein-victims-todd-blanche-doj-trump-tillis.html">Todd Blanche</a> for <a rel="nofollow" href="https://www.cnbc.com/2026/06/08/todd-blanche-trump-nominates-attorney-general.html">attorney general</a> was at risk on Wednesday as a key Republican senator, for the second time, called off a meeting with Blanche that was meant to address concerns about the controversial settlement of President <a rel="nofollow" href="https://www.cnbc.com/donald-trump/">Donald Trump</a>&#8216;s lawsuit against the IRS.</p>
<p>Sen. <a rel="nofollow" href="https://www.cnbc.com/2026/05/26/texas-primary-election-senate-paxton-cornyn.html">John Cornyn</a> of Texas said he canceled the sit-down with the acting Attorney General Blanche because the <a rel="nofollow" href="https://www.cnbc.com/2026/07/23/doj-subpoenas-new-york-times-trump-plane.html">Department of Justice</a> has not met his demands to clarify provisions of the settlement that shield Trump and others from IRS audits for tax returns filed before the settlement.</p>
<p>Cornyn, whose vote Blanche needs for his nomination to advance out of the <a rel="nofollow" href="https://www.judiciary.senate.gov/committee-activity/hearings/executive-business-meeting-07-30-2026" target="_blank">Senate Judiciary Committee</a>, told reporters &#8220;beats me&#8221; when asked why the DOJ has not satisfied his concerns.</p>
<p>&#8220;Maybe they think I&#8217;m just going to give up or, you know, go along,&#8221; Cornyn said, MS NOW reported. &#8220;But they&#8217;re mistaken.&#8221;</p>
<p>Cornyn also said he believed another Republican on the Judiciary Committee, Sen. Thom Tillis of North Carolina, &#8220;is pretty much on the same page as I am.&#8221;</p>
<p>&#8220;So they better get real, and there&#8217;s not much time left,&#8221; Cornyn said.</p>
<p>Tillis, like Cornyn, has expressed concerns about another provision in the settlement, the creation of a $1.8 billion fund by the DOJ to compensate people who were purportedly victims of prosecutorial overreach by the department. Blanche said he cancelled that fund after members of Congress harshly criticized it, but Tillis, Cornyn and others have asked for a written guarantee that the fund cannot be revived.</p>
<p>Blanche&#8217;s nomination, to get a vote by the full Senate, needs to be advanced by a majority of the Judiciary Committee, which is set to vote Thursday. The committee has 12 Republican members and 10 Democrats. Every Democrat is expected to vote against Blanche.</p>
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<p>Sen. John Cornyn, R-Texas, talks with reporters in Hart building after a meeting with Acting Attorney General Todd Blanche, nominee for attorney general, was canceled on Wednesday, July 29, 2026. </p>
<p>Tom Williams | Cq-roll Call, Inc. | Getty Images</p>
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<p>If Cornyn or Tillis were to vote against Blanche, it would prevent his nomination from moving to the full Senate.</p>
<p>Cornyn said Judiciary Committee Chairman Sen. Chuck Grassley, R-Iowa, told him he needed to know by 4 p.m. ET Wednesday whether the panel&#8217;s vote on Blanche&#8217;s nomination could proceed as planned Thursday.</p>
<p>&#8220;So, we still got a little time, and hopefully they now recognize the seriousness of this,&#8221; Cornyn said.</p>
<p>Asked if he would vote &#8220;no&#8221; on advancing Blanche&#8217;s nomination to the full Senate, Cornyn replied, &#8220;Well, I&#8217;m not prepared to vote &#8216;yes.&#8217; Let me put it that way.&#8221;</p>
<p>The settlement that Cornyn wants amended resolved a lawsuit Trump filed against the IRS over the illegal leaking of his tax records by&#8230;</p>
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<br />Read More: <a href="https://www.cnbc.com/2026/07/29/todd-blanche-attorney-general-trump-irs-audit-cornyn.html">Todd Blanche nomination on edge over Trump, IRS settlement</a></p>
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		<title>Pulte not &#8216;competent&#8217; for intelligence director role</title>
		<link>https://financenews.one/2026/06/02/pulte-not-competent-for-intelligence-director-role/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Tue, 02 Jun 2026 22:27:49 +0000</pubDate>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/06/108194391-17570012722025-09-04t153119z_31329443_rc23lgayj1f8_rtrmadp_0_usa-health-cdc.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/06/108194391-17570012722025-09-04t153119z_31329443_rc23lgayj1f8_rtrmadp_0_usa-health-cdc.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/06/108194391-17570012722025-09-04t153119z_31329443_rc23lgayj1f8_rtrmadp_0_usa-health-cdc-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/06/108194391-17570012722025-09-04t153119z_31329443_rc23lgayj1f8_rtrmadp_0_usa-health-cdc-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/06/108194391-17570012722025-09-04t153119z_31329443_rc23lgayj1f8_rtrmadp_0_usa-health-cdc-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/06/108194391-17570012722025-09-04t153119z_31329443_rc23lgayj1f8_rtrmadp_0_usa-health-cdc-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div>U.S. Senator Bill Cassidy (R-LA) speaks as U.S. Health and Human Services Secretary Robert F. Kennedy Jr., testifies before a Senate Finance Committee hearing on President Donald Trump&#8217;s 2026 health care agenda, on Capitol Hill in Washington, D.C., U.S., September 4, 2025. Evelyn Hockstein &#124; Reuters Federal Housing Finance Agency chief Bill Pulte does not [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/06/108194391-17570012722025-09-04t153119z_31329443_rc23lgayj1f8_rtrmadp_0_usa-health-cdc.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/06/108194391-17570012722025-09-04t153119z_31329443_rc23lgayj1f8_rtrmadp_0_usa-health-cdc.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/06/108194391-17570012722025-09-04t153119z_31329443_rc23lgayj1f8_rtrmadp_0_usa-health-cdc-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/06/108194391-17570012722025-09-04t153119z_31329443_rc23lgayj1f8_rtrmadp_0_usa-health-cdc-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/06/108194391-17570012722025-09-04t153119z_31329443_rc23lgayj1f8_rtrmadp_0_usa-health-cdc-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/06/108194391-17570012722025-09-04t153119z_31329443_rc23lgayj1f8_rtrmadp_0_usa-health-cdc-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>U.S. Senator Bill Cassidy (R-LA) speaks as U.S. Health and Human Services Secretary Robert F. Kennedy Jr., testifies before a Senate Finance Committee hearing on President Donald Trump&#8217;s 2026 health care agenda, on Capitol Hill in Washington, D.C., U.S., September 4, 2025. </p>
<p>Evelyn Hockstein | Reuters</p>
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<p>Federal Housing Finance Agency chief <a rel="nofollow" href="https://www.cnbc.com/2026/06/02/bill-pulte-dni-tulsi-gabbard.html">Bill Pulte</a> does not appear to be &#8220;competent&#8221; to serve as acting director of national intelligence, outgoing <a rel="nofollow" href="https://www.cnbc.com/republicans/">Republican</a> Sen. <a rel="nofollow" href="https://www.cnbc.com/bill-cassidy/">Bill Cassidy</a> said  during an interview Tuesday at CNBC&#8217;s CEO Council Summit. </p>
<p>Cassidy, who recently failed to qualify for a runoff in Louisiana&#8217;s Republican primary after President <a rel="nofollow" href="https://www.cnbc.com/donald-trump-jr/">Donald Trump</a> endorsed one of his challengers, Rep. Julia Letlow, R-La, said his Senate colleagues were taken aback by the president&#8217;s appointment of Pulte as spy chief on Tuesday morning. </p>
<p>&#8220;Nothing here suggests he&#8217;s competent in the job for which he&#8217;s been appointed,&#8221; Cassidy said. &#8220;That&#8217;s just kind of the kind of conversation with my colleagues, like OMG.&#8221;</p>
<p>&#8220;He has no military background, no intelligence background, he&#8217;s going to &#8230; keep his other job, and he&#8217;s not even sure he has a security clearance,&#8221; Cassidy said.</p>
<p><a rel="nofollow" href="https://www.cnbc.com/2026/06/02/bill-pulte-dni-tulsi-gabbard.html">Intelligence community veterans</a> warned that Pulte is ill-prepared for the job and could risk the quality of U.S. intelligence while using the perch to take aim at Trump&#8217;s domestic foes. </p>
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<p>Cassidy said he&#8217;s unsure if he would back Pulte as a DNI nominee, although Pulte has not been officially nominated for the post. Pulte can serve for a limited time as an acting DNI unapproved by the Senate. </p>
<p>&#8220;The problem with acting is sometimes people act forever,&#8221; Cassidy said, pointing to Julie Su, who served as the acting labor secretary during the Biden administration.</p>
<p>Cassidy is not the first Republican to express concern over Pulte&#8217;s qualifications. Sen. <a rel="nofollow" href="https://www.cnbc.com/john-cornyn/">John Cornyn</a>, R-Texas, who also lost a contested primary last month, said earlier in the day that he does not believe Pulte is qualified. </p>
<p>The Louisiana senator also warned about the possibility that Pulte could stick around for longer than his allowed tenure. </p>
<p>&#8220;Sometimes things that are not permanent become quite permanent,&#8221; he said.</p>
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<br />Read More: <a href="https://www.cnbc.com/2026/06/02/cassidy-pulte-intelligence-trump.html">Pulte not &#8216;competent&#8217; for intelligence director role</a></p>
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		<title>Pulte as DNI would give Trump attack dog access to the &#8216;crown jewels&#8217;</title>
		<link>https://financenews.one/2026/06/02/pulte-as-dni-would-give-trump-attack-dog-access-to-the-crown-jewels/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Tue, 02 Jun 2026 20:26:06 +0000</pubDate>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/06/108236755-1764869411994-108236755-1764869253872-gettyimages-2228158087-Vought.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/06/108236755-1764869411994-108236755-1764869253872-gettyimages-2228158087-Vought.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/06/108236755-1764869411994-108236755-1764869253872-gettyimages-2228158087-Vought-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/06/108236755-1764869411994-108236755-1764869253872-gettyimages-2228158087-Vought-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/06/108236755-1764869411994-108236755-1764869253872-gettyimages-2228158087-Vought-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/06/108236755-1764869411994-108236755-1764869253872-gettyimages-2228158087-Vought-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div>William J. Pulte, Director of US Federal Housing FHFA, speaks to the press at The White House on Thursday, July 24, 2025. Sarah L. Voisin &#124; The Washington Post &#124; Getty Images President Donald Trump&#8216;s appointment of Bill Pulte to be the acting director of national intelligence will place the president&#8217;s housing agency attack dog [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/06/108236755-1764869411994-108236755-1764869253872-gettyimages-2228158087-Vought.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/06/108236755-1764869411994-108236755-1764869253872-gettyimages-2228158087-Vought.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/06/108236755-1764869411994-108236755-1764869253872-gettyimages-2228158087-Vought-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/06/108236755-1764869411994-108236755-1764869253872-gettyimages-2228158087-Vought-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/06/108236755-1764869411994-108236755-1764869253872-gettyimages-2228158087-Vought-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/06/108236755-1764869411994-108236755-1764869253872-gettyimages-2228158087-Vought-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>William J. Pulte, Director of US Federal Housing FHFA, speaks to the press at The White House on Thursday, July 24, 2025.</p>
<p>Sarah L. Voisin | The Washington Post | Getty Images</p>
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<p>President <a rel="nofollow" href="https://www.cnbc.com/donald-trump/">Donald Trump</a>&#8216;s appointment of <a rel="nofollow" href="https://www.cnbc.com/2026/06/02/intelligence-trump-bill-pulte-tulsi-gabbard.html">Bill Pulte</a> to be the acting director of national intelligence will place the president&#8217;s <a rel="nofollow" href="https://www.cnbc.com/2026/05/05/mortgage-lenders-now-have-more-credit-score-options-what-to-know.html">housing agency</a> attack dog in possession of the country&#8217;s most prized secrets, a move that analysts fear could further politicize the office and erode U.S. intelligence gathering.</p>
<p><a rel="nofollow" href="https://www.cnbc.com/2025/05/09/trump-cpfb-tresury-mckernan.html">Federal Housing Finance Agency</a> Director Bill Pulte, who oversees Fannie Mae and Freddie Mac, was tapped by Trump on Tuesday morning to replace the outgoing DNI <a rel="nofollow" href="https://www.cnbc.com/2026/05/22/tulsi-gabbard-resigns-intelligence-trump-husband.html">Tulsi Gabbard</a>. </p>
<p>Pulte is not experienced in national intelligence and was an investor and executive of the home building firm <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-6"><a rel="nofollow" href="https://www.cnbc.com/quotes/PHM/">PulteGroup</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span> before serving in government. As DNI, Pulte will be placed at the top of the U.S.&#8217; sprawling intelligence community and have access to the country&#8217;s most sensitive national secrets.</p>
<p>That lack of experience and Pulte&#8217;s penchant for using information from the housing agencies to gin up <a rel="nofollow" href="https://www.cnbc.com/2025/08/29/lisa-cook-pulte-criminal-mortgage.html">prosecutions of Trump&#8217;s political rivals</a> has alarmed intelligence analysts and federal lawmakers alike, who warn Pulte could weaponize the office against the president&#8217;s domestic political rivals and erode trust in U.S. intelligence.</p>
<p>&#8220;It&#8217;s the latest example of some of the amateurish, absurd assignments that Trump has made in the second term,&#8221; said Brett Bruen, a former diplomat and National Security Council official under the Obama administration who now runs the firm Global Situation Room. &#8220;It opens up the very real possibility we could see our intelligence structures and systems further eroded, and the role of intelligence used in more inappropriate and even illegal ways.&#8221;</p>
<p>Bruen said the move will elevate Pulte from receiving &#8220;cafeteria-type sensitive information to the crown jewels of our most protected secrets.&#8221;</p>
<p>That includes access to highly sensitive intelligence collection efforts and information about human intelligence sources and surveillance tools.</p>
<p>The White House, when asked about concerns about Pulte&#8217;s qualifications and whether he might weaponize the U.S. intelligence community, defended Trump&#8217;s choice.</p>
<p>&#8220;The President chooses the best and most talented people to serve in his Cabinet,&#8221; White House spokesperson Davis Ingle said by email. &#8220;That is why this Administration has achieved record successes for the American people. Bill Pulte is a great selection and he will do a great job on behalf of the American people.&#8221; </p>
<p>In his role atop the housing apparatus, Pulte used his access to mortgage records to <a rel="nofollow" href="https://www.cnbc.com/2025/12/04/congressional-watchdog-probes-trump-fhfa-chief-bill-pulte.html">refer some top Trump enemies</a> for prosecution. </p>
<p>The Justice Department charged New York Attorney General <a rel="nofollow" href="https://www.cnbc.com/2025/10/09/trump-letitia-james-halligan-mortgage.html">Letitia James</a>, a Democrat who previously prosecuted Trump, with bank fraud, a charge that was subsequently dismissed. Pulte&#8217;s criminal referral of Federal Reserve Governor <a rel="nofollow" href="https://www.cnbc.com/2025/08/26/lisa-cook-sue-trump-fed.html">Lisa Cook</a> on similar allegations prompted Trump to attempt to fire her, a case that is still pending before the <a rel="nofollow" href="https://www.cnbc.com/supreme-court-us/">Supreme Court</a>. </p>
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<br />Read More: <a href="https://www.cnbc.com/2026/06/02/bill-pulte-dni-tulsi-gabbard.html">Pulte as DNI would give Trump attack dog access to the &#8216;crown jewels&#8217;</a></p>
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