On Wednesday, Treasury Secretary Scott Bessent sought to do some damage control. It doesn't appear to be working yet. Understanding what's happening with the dollar now traces back to early 2025, when the greenback hit a multi-year high relative to other currencies just days before Trump's return to the White House. The dollar has tumbled 10% since, a victim of the "Sell America" trade that first came into vogue after Trump announced sweeping tariff plans last April.
This is the kind of weekend that makes you wonder if things will ever feel good again, said Jimmy Kimmel on Monday evening, after a couple days of horrific news: the terror attack at a Hanukkah celebration on Australia's Bondi Beach, a mass shooting at Brown University in Rhode Island, and the murder of one of our greatest directors and patriots, Rob Reiner, and his wife, Michele Reiner.
REPORTER: So when it comes to ceding land to Russia, is that still on the table, or has that changed? PRESIDENT DONALD TRUMP: Well, they're talking about going land both ways and trying to clean up a border. You know, you can't go through the middle of a house. You can't get through the middle of the highway. So they're trying to work something. It's a complicated process. Doesn't go that quickly.
REPORTER: Jay Jones has repeatedly said that he would, in Virginia- TRUMP: Who said what? REPORTER: Jay Jones, in Virginia TRUMP: Jay Jones, you mean the one that wanted to kill somebody's children and kill somebody? You mean the animal that wanted to kill somebody? Who should not be allowed to be running for that office? REPORTER: Yeah, he said he can't wait to see you in court.
I just wanted to follow up quickly on something that the president had said yesterday. So we heard from Erika Kirk. She said she forgives the man who shot and killed her husband, Landers began, adding: And then right after that, we heard from the president who said, I hate my opponent and I don't want the best for them. How does that square with bringing down the temperature of political violence in this country?
"My husband, he wanted to save young men, just like the one who took his life," she began. "That man, that young man, I forgive him. I forgive him because it was what Christ did and it is what Charlie would do." "The answer to hate is not hate," the widow added, in stark contrast to the president's words. "The answer we know from the gospel is love and always love, love for our enemies and love for those who persecute us."
They have a license granted by us at the FCC, and that comes with it an obligation to operate in the public interest. Look, we can do this the easy way or the hard way. These companies can find ways to change conduct, to take action, frankly, on Kimmel, or, you know, there's going to be additional work for the FCC ahead, he added.