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Pepe the Turtle
@hotteabreak.bsky.social
Wanderlust vagabond
"The administration has proposed or issued tariffs that cover roughly a third of U.S. imports under a nonemergency provision related to national security, known as Section 232."
"At issue is Mr. Trump’s use of the International Emergency Economic Powers Act of 1977 to unilaterally set tariffs on imports from more than 100 countries in an attempt to reduce the trade deficit and ignite more manufacturing in the US."

www.nytimes.com/live/2025/11...
Highlights of the Supreme Court Arguments on Trump’s Tariffs
www.nytimes.com
November 12, 2025 at 4:38 PM
"The challengers counter that the word 'regulate' does not encompass the power to impose tariffs. The statute itself does not include the words 'tariffs,' 'taxes' or 'duties.'"
"At issue is Mr. Trump’s use of the International Emergency Economic Powers Act of 1977 to unilaterally set tariffs on imports from more than 100 countries in an attempt to reduce the trade deficit and ignite more manufacturing in the US."

www.nytimes.com/live/2025/11...
Highlights of the Supreme Court Arguments on Trump’s Tariffs
www.nytimes.com
November 12, 2025 at 4:38 PM
"Past presidents have relied on the law to impose sanctions or embargoes on other countries, but Mr. Trump is the first to use it to impose tariffs."
"At issue is Mr. Trump’s use of the International Emergency Economic Powers Act of 1977 to unilaterally set tariffs on imports from more than 100 countries in an attempt to reduce the trade deficit and ignite more manufacturing in the US."

www.nytimes.com/live/2025/11...
Highlights of the Supreme Court Arguments on Trump’s Tariffs
www.nytimes.com
November 12, 2025 at 4:37 PM
"The case reached the Supreme Court after three lower courts concluded the tariffs were unlawful."
"At issue is Mr. Trump’s use of the International Emergency Economic Powers Act of 1977 to unilaterally set tariffs on imports from more than 100 countries in an attempt to reduce the trade deficit and ignite more manufacturing in the US."

www.nytimes.com/live/2025/11...
Highlights of the Supreme Court Arguments on Trump’s Tariffs
www.nytimes.com
November 12, 2025 at 4:36 PM
Justice Barrett: “Is it your contention that every country needed to be tariffed bc of threats to the defense and industrial base? Spain? France? I mean, I could see it w some countries but explain to me why as many countries needed to be subject to the reciprocal tariff policy.”
"At issue is Mr. Trump’s use of the International Emergency Economic Powers Act of 1977 to unilaterally set tariffs on imports from more than 100 countries in an attempt to reduce the trade deficit and ignite more manufacturing in the US."

www.nytimes.com/live/2025/11...
Highlights of the Supreme Court Arguments on Trump’s Tariffs
www.nytimes.com
November 12, 2025 at 4:35 PM
"At issue is Mr. Trump’s use of the International Emergency Economic Powers Act of 1977 to unilaterally set tariffs on imports from more than 100 countries in an attempt to reduce the trade deficit and ignite more manufacturing in the US."

www.nytimes.com/live/2025/11...
Highlights of the Supreme Court Arguments on Trump’s Tariffs
www.nytimes.com
November 12, 2025 at 4:34 PM
"Hundreds of small businesses separately joined court filings that call Mr. Trump’s actions unlawful, saying the tariffs have forced them to raise prices and scale back staffing."

www.nytimes.com/live/2025/11...
Highlights of the Supreme Court Arguments on Trump’s Tariffs
www.nytimes.com
November 12, 2025 at 4:33 PM
Reposted by Pepe the Turtle
Layoffs in U.S. for October surge to two-decade high, Challenger data shows reut.rs/47MkLHn
Layoffs in U.S. for October surge to two-decade high, Challenger data shows
U.S.-based employers cut more than 150,000 jobs in October, marking the biggest reduction for the month in more than 20 years, a report by Challenger, Gray & Christmas said on Thursday as industries adopt AI-driven changes and intensify cost cuts.
reut.rs
November 6, 2025 at 10:45 AM
Reposted by Pepe the Turtle
Small companies, which employ more than 40 percent of the nation’s workforce, aren’t hiring.
A critical part of the economy isn’t hiring. Bosses explain why.
Small companies, which employ more than 40 percent of the nation’s workforce, tend to experience financial shocks more acutely than their corporate peers.
www.washingtonpost.com
November 10, 2025 at 2:00 AM
"They are crucial economic engines in their communities and collectively employ more than 40 percent of the U.S. workforce, but they tend to exp financial shocks more acutely than their corporate peers."

www.washingtonpost.com/business/202...
A critical part of the economy isn’t hiring. Bosses explain why.
Small companies, which employ more than 40 percent of the nation’s workforce, tend to experience financial shocks more acutely than their corporate peers.
www.washingtonpost.com
November 12, 2025 at 4:19 PM
"The mutable policymaking of the Trump admin — from its immigration crackdown to its on-again, off-again edicts on tariffs — has created a kind of a paralysis among some businesses, experts say, making it difficult to land on a strategy to move forward."

www.washingtonpost.com/business/202...
A critical part of the economy isn’t hiring. Bosses explain why.
Small companies, which employ more than 40 percent of the nation’s workforce, tend to experience financial shocks more acutely than their corporate peers.
www.washingtonpost.com
November 12, 2025 at 4:19 PM
"By Challenger’s est, some 1.1M layoffs have been announced this year — including large-scale cuts at UPS, Amazon, Intel, Microsoft and Procter & Gamble."

www.washingtonpost.com/business/202...
A critical part of the economy isn’t hiring. Bosses explain why.
Small companies, which employ more than 40 percent of the nation’s workforce, tend to experience financial shocks more acutely than their corporate peers.
www.washingtonpost.com
November 12, 2025 at 4:19 PM
"Owner David Reed had hoped to bring on another employee... But a new tariff on imported aluminum imposed this year is weighing on his bottom line, and he also paid a tariff on new machinery he bought from China."

www.washingtonpost.com/business/202...
A critical part of the economy isn’t hiring. Bosses explain why.
Small companies, which employ more than 40 percent of the nation’s workforce, tend to experience financial shocks more acutely than their corporate peers.
www.washingtonpost.com
November 12, 2025 at 4:19 PM
"Revenue is down ab 3 percent for the year, Lokker says, and 2025 is shaping up to be the company’s second down year since his mother founded it more than three decades ago. The other was 2009, he said, during the Great Recession."

www.washingtonpost.com/business/202...
A critical part of the economy isn’t hiring. Bosses explain why.
Small companies, which employ more than 40 percent of the nation’s workforce, tend to experience financial shocks more acutely than their corporate peers.
www.washingtonpost.com
November 12, 2025 at 4:18 PM
Reposted by Pepe the Turtle
FBI Director Kash Patel had a whirlwind week during the government shutdown, including a trip in the bureau jet to the ‘Boondoggle Ranch’ in Texas.
Kash Patel’s ‘Effin Wild’ Ride as FBI Director
In just one week in October, he ticked off his bosses with premature comments about a terror investigation squeezed in a trip to the ‘Boondoggle Ranch’ on the bureau jet.
on.wsj.com
November 12, 2025 at 3:30 AM
Reposted by Pepe the Turtle
New WSJ: After flying an FBI jet to see his girlfriend sing at a wrestling match, FBI director Kash Patel took the jet to a private Texas hunting resort called the Boondoggle Ranch. www.wsj.com/politics/pol...
Kash Patel’s ‘Effin Wild’ Ride as FBI Director
In just one week in October, he ticked off his bosses with premature comments about a terror investigation squeezed in a trip to the ‘Boondoggle Ranch’ on the bureau jet.
www.wsj.com
November 12, 2025 at 2:43 AM
Reposted by Pepe the Turtle
Kash Patel did what anybody would do when taking heat for overusing their taxpayer-funded private jet: fly his private jet to Florida for a little break from it all. www.thebulwark.com/p/kash-patel...
Kash Patel’s Private Jet Problem Is Even Worse Than It Looks
This dude can’t stop flying to Nashville.
www.thebulwark.com
November 11, 2025 at 4:30 AM
Reposted by Pepe the Turtle
President Trump’s housing finance director, Bill Pulte, fired internal watchdogs at Fannie Mae who were looking into multiple complaints against a high-ranking company officer close to him, according to people familiar with the matter.
Housing official Bill Pulte fired ethics workers who were looking into his ally
The actions have also sowed uncertainty and undermined confidence in Federal Housing Finance Agency Director Bill Pulte across the housing finance industry.
www.washingtonpost.com
November 10, 2025 at 3:15 PM
"Pulte said last month he had fired dozens of Fannie Mae employees in what he said included a bid to end diversity, equity & inclusion... ths firings effect cleared out the company’s internal watchdogs, charged w ensuring Fannie & its officials folo the law."
www.washingtonpost.com/business/202...
Housing official Bill Pulte fired ethics workers who were looking into his ally
The actions have also sowed uncertainty and undermined confidence in Federal Housing Finance Agency Director Bill Pulte across the housing finance industry.
www.washingtonpost.com
November 12, 2025 at 3:50 PM
"The ethics team — including its chief, Suzanne Libby — was fired shortly after Fannie management directed investigators to cease looking into the Pulte ally, said a couple of the ppl familiar w the situation."

www.washingtonpost.com/business/202...
Housing official Bill Pulte fired ethics workers who were looking into his ally
The actions have also sowed uncertainty and undermined confidence in Federal Housing Finance Agency Director Bill Pulte across the housing finance industry.
www.washingtonpost.com
November 12, 2025 at 3:48 PM
"The ethics and compliance team specialized in cases related to internal fraud, abuse, insider trading, personnel matters, conflicts of interest, cyberthreats and employment law claims."

www.washingtonpost.com/business/202...
Housing official Bill Pulte fired ethics workers who were looking into his ally
The actions have also sowed uncertainty and undermined confidence in Federal Housing Finance Agency Director Bill Pulte across the housing finance industry.
www.washingtonpost.com
November 12, 2025 at 3:47 PM
"Now there are fewer independent voices at the govt-backed company — one of two that underpin the gigantic U.S. mortgage market — to push back on Pulte’s unpredictable and aggressive leadership style...."

www.washingtonpost.com/business/202...
Housing official Bill Pulte fired ethics workers who were looking into his ally
The actions have also sowed uncertainty and undermined confidence in Federal Housing Finance Agency Director Bill Pulte across the housing finance industry.
www.washingtonpost.com
November 12, 2025 at 3:47 PM
Reposted by Pepe the Turtle
The congressional research office confirmed a breach, but did not comment on the cause. A security researcher suggested the hack may have originated because CBO failed to patch a firewall for more than a year.
Congressional Budget Office confirms it was hacked | TechCrunch
The congressional research office confirmed a breach, but did not comment on the cause. A security researcher suggested the hack may have originated because CBO failed to patch a firewall for more than a year.
techcrunch.com
November 7, 2025 at 4:38 PM
Reposted by Pepe the Turtle
China is reportedly behind the newly disclosed hack of the Congressional Budget Office, and it may still have access to some CBO systems: www.cnn.com/2025/11/06/p...
Congressional Budget Office hacked, China suspected in breach | CNN Politics
The Congressional Budget Office has been hacked, potentially exposing its communications with the offices of lawmakers, according to an email sent to congressional staff this week and obtained by CNN.
www.cnn.com
November 7, 2025 at 3:09 PM
Reposted by Pepe the Turtle