Trump’s America – Author Carlo Carrasco

Japan And Trump’s America To Speed Up Investment Plans Under $550 Billion Package

February 14, 2026February 13, 2026carlocarrasco

Remember Japan’s commitment of investing $550 billion into core industries in the United States? The two great nations had a high-level meeting in Washington and they agreed to speed up the selection of the first round of investment projects under the multi-billion Dollar package before they are sent to US President Donald J. Trump for approval, according to a news report by Kyodo News.

To put things in perspective, posted below is an excerpt from the news report of Kyodo News. Some parts in boldface…

Japan and the United States agreed Thursday to speed up selection of the first round of investment projects under a $550 billion package that Tokyo committed to last year following months of tariff negotiations, with a summit of their leaders about a month away.

Hours after his meeting with U.S. Commerce Secretary Howard Lutnick in Washington, Japanese industry minister Ryosei Akazawa told reporters a “significant gap” remained and more coordination was required to serve the mutual interests of the two countries.

“In conducting negotiations, we are naturally keeping in mind the goal of making Prime Minister (Sanae) Takaichi’s visit to the United States a fruitful one,” he said.

Akazawa’s meeting with Lutnick was believed to be part of last-ditch efforts to sort out the first batch of Japanese investment projects to be carried out in the United States, before they are sent to President Donald Trump for final approval.

Although Akazawa, who serves as economy, trade and industry minister, said there was some progress, neither side could unveil any specifics. While refusing to elaborate, he suggested differences remained over interest rates and business risk assessments.

“In a nutshell, as far as we are concerned, high-risk, high-return (investments), given that they also involve taxpayers’ money, are not something we are interested in,” he said.

The meeting with Lutnick took place a week after Trump said he would welcome Takaichi to the White House on March 19.

Under a trade deal struck in July last year, Japan has committed to investing $550 billion in the United States by the end of Trump’s second term in January 2029, in exchange for his administration reducing tariffs on Japanese cars and other goods.

The massive figure represents a combination of investments, loans and loan guarantees from Japanese government-backed financial institutions.

Japan and the United States have agreed that the forthcoming investments will focus on strategic sectors, such as critical minerals, semiconductors, artificial intelligence and energy, to support their national security interests and economic objectives.

For the initial tranche of investments, the construction of gas-fired power generation facilities for data centers, the production of synthetic diamonds used in the semiconductor industry and the development of a port are among the leading candidates, according to Japanese officials.

The memorandum of understanding between Japan and the United States, signed by Akazawa and Lutnick in September last year, stipulates that Trump will ultimately select projects recommended by an “investment committee” chaired by the commerce secretary and composed solely of U.S. officials.

Earlier in the process, the so-called consultation committee — comprising officials from both countries — is tasked with identifying potential investment projects.

The United States will forward investment projects that gain Trump’s endorsement to Japan for review, with Tokyo given 45 days to respond and transfer the necessary funds to Washington.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the two nations will reach an agreement over the first round of investment projects under the $550 billion package? Do you think the remaining challenges will be resolved in due time? Are you looking forward to Prime Minister Takaichi’s Washington visit and meeting with President Trump this March?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

LDP Certain To Win Huge Majority In Japan’s House Of Representatives, Takaichi Set To Remain As Prime Minister

February 9, 2026February 9, 2026carlocarrasco

Japanese Prime Minister Takaichi Sanae will continue to lead her nation as her political party the Liberal Democratic Party (LDP) is set to win a huge majority of the seats of the House of Representatives following the election that happened yesterday, according to a news report by Kyodo News. Already US President Donald J. Trump and Italian Prime Minister Giorgia Meloni congratulated Takaichi (click here and here).

For insight, Takaichi dissolved the House of Representatives a few weeks ago and this led to a short but intense election campaign. The voters of Japan have spoken favoring Takaichi and her party. That being said, February 8 is a sad day for the Commies, the woke, the pro-China candidates, and the Islamists as the opposition fared badly.

To put things in perspective, posted below is an excerpt from the news article of Kyodo News. Some parts in boldface…

Japan’s Liberal Democratic Party led by Prime Minister Sanae Takaichi is set to win a big majority in the House of Representatives in Sunday’s election, early returns and Kyodo News projections show, an outcome largely driven by her personal popularity that clears the way for her to stay on.

The LDP, which has formed a coalition with the Japan Innovation Party, has secured at least 243 seats, well over the majority line of 233, in the 465-member lower house, up from 198 before the contest.

Amid prolonged inflation and a growingly severe international environment, Takaichi has promised to pursue a “responsible yet aggressive” fiscal policy and boost the nation’s defense capabilities.

The ruling camp is projected to secure at least 261 seats in the powerful chamber, clearing the threshold for chairing all standing committees and outnumbering the opposition in those panels, thus helping it to push through its legislative agenda.

The main opposition party, the Centrist Reform Alliance, formed in January by uniting lower house members of the Constitutional Democratic Party of Japan and the Komeito party, is set to lose a significant number of seats, according to early returns and projections.

Following media reports of the LDP’s victory, Takaichi hinted at no major change to the lineup of the Cabinet, launched less than four months ago, during a TV program.

But she said she hopes that the JIP, which decided not to take ministerial posts when forming the coalition in apparent reflection of a cautious stance toward the LDP, will fulfill “its responsibility together in the Cabinet.”

It remains unclear, however, whether the JIP, known as Nippon Ishin, can retain its pre-election strength of 34 seats in the lower house.

“It was an election in which we felt pressure from the LDP,” JIP leader Hirofumi Yoshimura told a press conference in his party’s home prefecture of Osaka in western Japan, adding that it had tried to convince voters that it had an important role to play in the coalition in the campaign.

The focus is now on whether the LDP-JIP camp can win a two-thirds majority, or 310 seats, in the lower house, which would allow it to initiate a proposal for amending the Constitution, the LDP’s long-held goal, to put to a national referendum.

Takaichi expressed her hope that “concrete plans” to amend the supreme law will be debated at parliament.

The Sanseito party, a populist group known for its “Japanese First” slogan, is expected to make big strides, while Team Mirai, which advocates adoption of digital technologies to enhance political participation, is set to secure its first seat in the chamber, according to the polls.

Takaichi, who has maintained high popularity since becoming Japan’s first female prime minister last October, had pledged to “immediately resign” as Japan’s leader if the coalition failed to secure a majority in the powerful lower chamber.

Nearly 1,300 candidates vied for the 465 seats, with 289 elected from single-seat constituencies and 176 through proportional representation, where seats are allocated for parties based on votes received in 11 regional blocks across Japan.

Early voting received a boost as a record 27.02 million people cast their ballots in the days prior to Sunday, up around 6 million from the previous election in 2024.

Voter turnout stood at 56.24 percent, likely up around 2 percent points from the previous race, according to an estimate by Kyodo News as of 9 p.m.

Japan held a general election in February for the first time in 36 years, a move by Takaichi that has drawn criticism because heavy snowfall in many parts of the country made campaigning difficult. Tokyo and its nearby areas also had snow on Sunday.

As ordinary households have been struggling to cope with the rising cost of living, major political parties have pledged to reduce tax burdens on the campaign trail.

Under Takaichi, a security hawk, the ruling parties also sought support for their aim to beef up the country’s defenses in the face of an increasingly severe security environment.

While her Cabinet enjoys high support ratings, the ruling bloc had only a razor-thin majority with the support of some independents in the lower house before it was dissolved late last month.

Even if the ruling bloc manages to meet its target of securing a majority in the lower house, it remains in a minority in the House of Councilors, or the upper house, meaning that opposition party support is critical in passing bills.

For additional insight, watch the Nippon TV news video below.

Let me end this piece by asking you readers: What is your reaction to this development? With her own party having secured a lot more seats in the House of Representatives of Japan, do you think Prime Minister Takaichi and her team will be in a better position to achieve their agenda? Are you surprised to see the Satanic Left, the woke and the Communists of Japan lose more seats in the election that just happened? Now that the elections are over, do you think the illegal immigrants/aliens as well as the foreign criminals in Japan would be compelled to leave the country?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Prime Minister Takaichi Gets Trump’s Endorsement, White House Visit Set For March 19

February 7, 2026February 6, 2026carlocarrasco

As millions of voters all over Japan are ready to cast their votes in tomorrow’s general election, Prime Minister Takaichi Sanae received the full endorsement of US Presdent Donald Trump and it has also been revealed that her trip to the White House has been set for March 19, according to a news report by Kyodo News.

For insight, the February 8 general election is the result of Prime Minister Takaichi’s move to dissolve the House of Representatives a few weeks ago. Recently, a Kyodo poll revealed that the ruling Liberal Democratic Party (LDP) led by the Prime Minister was on track to secure a majority in the House of Representatives.

To put things in perspective, posted below is an excerpt from the news article of Kyodo News. Some parts in boldface…

U.S. President Donald Trump on Thursday gave his full endorsement to Japanese Prime Minister Sanae Takaichi ahead of the country’s general election and said he would welcome her to the White House on March 19.

While Trump is often an outlier, it is very rare for the leader of any country to back a specific political figure ahead of a national election in a foreign country. Calling Sunday’s election “very important” for Japan’s future, he praised Takaichi for already proving to be a “strong, powerful and wise” leader.

In a social media post, Trump also said he and his team were impressed with her when they met in Japan about three months ago.

“Prime Minister Takaichi is someone who deserves powerful recognition for the job she and her Coalition are doing and, therefore, as President of the United States of America, it is my Honor to give a Complete and Total Endorsement of her, and what her highly respected Coalition is representing,” Trump wrote.

The date of Trump’s upcoming in-person talks with Takaichi was announced for the first time.

In late December, Takaichi said she was exploring a visit to the United States for another meeting with Trump, and the two leaders confirmed during their early January phone call that they would meet in the spring.

Takaichi’s maiden trip to the United States since becoming prime minister in October will coincide with Washington’s iconic annual cherry blossom festival, which this year will begin on March 20, a day after the planned White House meeting.

The festival commemorates the 1912 gift of cherry trees from Tokyo to the U.S. capital and the longtime friendship between the two countries.

When Takaichi, Japan’s first female prime minister, hosted Trump in Tokyo in late October, they expressed their intention to celebrate together in 2026 the 250th anniversary of U.S. independence. At the time, she confirmed Japan’s promise to donate 250 cherry trees to the United States.

Just as they did last time, Takaichi and Trump are likely to reaffirm the strength of the Japan-U.S. security alliance and economic relationship. In a symbolic gesture, they could also plant a couple of the cherry trees together.

Trump has extolled Takaichi since her early days in office as a protegee of former Japanese Prime Minister Shinzo Abe, with whom the president had a close personal relationship during his first term.

In addition to wishing her “good luck” in the House of Representatives election, Trump’s message on Thursday highlighted the progress that the United States and Japan have made in defense cooperation and on the economic front, thanks to a “very substantial” trade deal.

The deal reached last summer following Trump’s tariff threat includes a Japanese commitment to invest $550 billion in U.S. strategic sectors, such as semiconductors and critical minerals.

Trump is expected to celebrate some forthcoming projects under the package with Takaichi, who has pledged to pursue a “new golden era” for the two countries.

Takaichi’s trip to Washington will precede Trump’s planned April visit to China, which for months has been taking a hard-line stance over her remarks about a potential Taiwan Strait crisis.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think Prime Minister Takaichi and her allies will emerge victorious and secure a large majority in the Japanese House of Representatives? What do you think about President Trump’s endorsement for Takaichi? Do you think major developments will happen when Prime Minister Takaichi visits the White House and meet with Trump on March 19?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump Administration To Deport Violent Illegal Alien Protected By Minnesota Democrats

February 5, 2026February 4, 2026carlocarrasco

Let’s be very clear here. Americans overwhelmingly support the deportation of illegal aliens/immigrants who committed acts of crime. In the state of Minnesota, there are mobs of radicalized Leftists, social justice warriors (SJWs), extreme Democrats and other brainwashed activists who are doing everything they could to protect the illegal ones and that means rebelling against United States Immigration and Customs Enforcement (ICE) by using violence.

Of course, the Trump administration is simply not giving up as the White House confirmed that it is laser-focused on removing criminal illegal aliens from Minnesota. Very recently, ICE apprehended the wanted Guatemalan national Esdras Aaron-Rodriguez-Hernandez who was charged in 2024 with domestic assault. The suspect is up for deportation and he previously was heavily protected by the radicalized Democrats of Minnesota. Democrats have this ongoing tradition of rewarding and prioritizing criminals and even terrorists at the expense of their fellow Americans.

To put things in perspective, posted below is an excerpt from the White House press statement. Some parts in boldface…

The Trump Administration is aggressively removing dangerous criminal illegal aliens from Minnesota’s communities — predators that Radical Left Democrats insist on providing safe harbor.

A stark example: Last week, ICE apprehended Esdras Aaron Rodriguez-Hernandez, a Guatemalan national and accused domestic abuser, in a case that exposes the dangerous stupidity of Minnesota’s “sanctuary” policies — and the self-inflicted necessity of Operation Metro Surge.

In 2024, Rodriguez-Hernandez was arrested and charged with domestic assault (intentionally inflicting or attempting to inflict bodily harm on a family member) and released without bail. A warrant was issued after he didn’t show up for court, and he evaded justice for nearly a year.

In November, he was arrested on the warrant and booked into the Hennepin County Jail, only to be released the next day on a $100 bail. After a radical prosecutor downgraded the charge, he was granted a stay of adjudication and set free once again.

At every step, local officials in the “sanctuary” jurisdiction failed to notify ICE of his custody — forcing federal agents to expend significant resources tracking him down and putting Minnesotans at unnecessary risk.

Rodriguez-Hernandez now awaits deportation, joining a long list of criminal illegal alien thugs the Trump Administration has removed from Minnesota’s streets — often with zero help from leaders who prioritize criminals over citizens.

Let me end this piece by asking you readers: What is your reaction to this development? Are you surprised that Satanic Leftists of Minnesota went to the extremes to protect the suspect from ICE? Do you think that the radical Leftists have the means to violate national laws regarding immigration and crime? Do you consider Minnesota a very corrupted state under the control of radical Leftists? If anyone in your family has been heavily influenced by Democrats and their mainstream news media partners-in-crime, is he or she soft-hearted towards illegal aliens/immigrants?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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I Love Israel: Vietnam Boosts Ties With Israel

February 5, 2026February 2, 2026carlocarrasco

The ties between Israel and Vietnam are only getting stronger which is crucial for the Jewish state as anti-Israel hatred remains intense in many parts of the world. Vietnam did not allow itself to be influenced by those who hate Israel as it boosted its ties with the Jewish state and already a lot of related developments have happened, according to a news article by The Jerusalem Post.

Recently Vietnam joined the Board of Peace which US President Donald Trump welcomed. If you connect the dots, Vietnam has blossoming ties with America which itself is Israel’s strongest ally in the world. This shows that stronger Israel-Vietnam ties make a lot of sense. The Southeast Asian nation is also a major destination for international travelers.

To put things in perspective, posted below is an excerpt from news article of The Jerusalem Post. Some parts in boldface.

While Israeli diplomacy undoubtedly has become more complex since the October 7 massacre, the relationship between Jerusalem and Hanoi has flourished, according to Israeli Ambassador to Vietnam Yaron Mayer.

“The conflict has naturally raised concerns but did not dominate bilateral engagement,” he told The Jerusalem Post in a recent interview. “Diplomatic dialogue remained professional, respectful, and focused on cooperation. Long-term partnerships were not disrupted.”

“Vietnam maintains a balanced stance, supporting a two-state solution while continuing to value Israel as a top-tier technological partner,” he added.

Mayer, who is also Israel’s ambassador to Laos, has worked for more than a decade in Israeli diplomacy. He previously served as ambassador to Myanmar and Nepal.

Mayer said he has devoted much of his time to developing bonds on a local level. Celebrating his first Vietnamese New Year, which fell on his seventh month in the country, he joined a kindergarten class to learn how to make traditional Vietnamese Trung, a square cake made of sticky rice, green beans, and meat.

Mayer, whose mother was a famed artist born in London, also reflected on both the challenge and the beauty of learning to write a traditional word under the guidance of a calligrapher in Hanoi. The Chinese script, commonly hung on the walls of Vietnamese homes to bring good luck, was demonstrated by a local man who taught him how to write the word “AN,” meaning peace.

Vietnam boosts Israel ties with tech cooperation, tourism push – The relationship between the two countries is at an all-time high, he said, citing recent accomplishments, such as the signing of the free-trade agreement in 2023. Trade is projected to exceed $4 billion by the end of 2026, he added.

Israelis might be able to travel to Vietnam without a visa in the not-too-distant future, Mayer hinted, adding that it would be a natural next step following Hanoi’s 2023 decision to extend e-visas to 90 days.

The new direct Arkia flight from Tel Aviv to Vietnam indicates that Hanoi is investing heavily in attracting Israeli tourists, he said. Last year, at least 50,000 visitors entered Vietnam with their Israeli passports, and the Vietnamese Tourism Ministry hopes to attract 300,000 Israeli travelers by 2030, he added.

Mayer said a plan was in place to increase cooperation in technology transfer, smart agriculture, climate resilience, and digital innovation within the next five years.

Much of Israel’s environmental and agricultural technology is already being employed by Vietnam, he said. The gold standard of Israeli drip irrigation is now being scaled to address water shortages and efficient irrigation in various regions, he added, and it was being used successfully in many rural parts of the country.

Perhaps because Vietnam only recognized Israel in 1993, Mayer said he was pleasantly surprised by the depth of interest in Israeli innovation across Vietnamese institutions. There is strong demand not only from the private sector, he said, but also from provincial governments and universities.

Vietnam is eager for the opportunity to benefit from Israeli technology, and there are many opportunities for Israelis, Mayer said.

He cited strong interest from Israeli start-ups and said the embassy has begun hosting “matchmaker” events, such as the Israel Technology Connection, to link Israeli start-ups with Vietnamese provincial leaders.

FPT, one of Vietnam’s largest hi-tech and pharmaceutical companies, was one of several to benefit from the work of the embassy and opened the doors to its first Israel office a few weeks ago, Yoram Noar, the head of FPT’s Israel branch, told the Post.

The new office will focus on furthering the company’s interests in the fields of artificial intelligence, cyber, and education, he said.

“I urged the ambassador to focus on the hi-tech industry to see if we could bring the Israeli companies from the hi-tech industry into Vietnam to see if we could do joint ventures,” Noar said. “We focused on hi-tech because Vietnam has great potential, and Vietnam wants to show a growth of about 10% a year, so [Hanoi] thought Israel could be a good model of how to promote [economic and hi-tech] activities.”

As you can see, the strong ties between Vietnam and Israel resulted in a whole lot of developments that are economic, social and technological in nature. Soon enough, more Israelis will visit Vietnam while the opportunities for Vietnamese travelers to visit Israel and discover the Holy Land will multiply. Praise and thank the Lord for the stronger ties between Israel and Vietnam.

To all my readers, I encourage you to accept the truth that Israel is the land God designated specifically for the Jewish people (read Genesis 35:10-12) and His command must be followed without hesitation. If you want to be blessed further by the Lord, do so by loving and blessing the Jewish people (Genesis 12:1-3). I did my part when I was in Israel. Also, let me remind you all that the ties between the Jews and Christians are truly biblical!

I encourage you all to pray to the Lord God in support of Israel, to love and bless the Jewish people, and pray for the peace of Jerusalem.

If you truly believe in Lord Jesus, the Holy Spirit and God the Heavenly Father wholeheartedly and you continue to be faithful, you should be aware that Christians are meant to stand united with Israel and love the Jewish people no matter what. You can do your part supporting Israel by donating to Christians United for Israel (CUFI). Do not forget to read the Holy Bible, then pray in tongues to the Lord in the privacy of your room with the door shut.

Always be the fearless and aggressive church of Lord Jesus!

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Trump Welcomes Vietnam’s Decision To Join Board of Peace

February 3, 2026February 2, 2026carlocarrasco

Following the ratification of the charter of the Board of Peace in Davos, Vietnam officially decided to join it which US President Donald Trump welcomed, according to a news report by VnExpress. Trump previously invited Vietnam’s leader to join the council.

Vietnam’s entry into the Board of Peace (note: referred to as the Peace Council in the VnExpress report) is not exactly surprising as it already has friendly ties with Israel. Ties between Vietnam and America are also healthy.

To put things in perspective, posted below is an excerpt from the report of VnExpress. Some parts in boldface…

U.S. President Donald Trump has sent a message congratulating Vietnam’s Party General Secretary To Lam on his re-election for a 14th term and welcoming Vietnam’s decision to join the Peace Council initiative.

President Trump said General Secretary Lam’s continued leadership role comes at an important time, as Vietnam and the U.S. are pressing ahead with the positive outcomes achieved in bilateral relations in recent years.

The President also expressed his hope that the two sides would soon make positive progress in negotiations on a reciprocal, fair and balanced trade agreement, thereby further promoting shared prosperity.

He welcomed Vietnam’s decision to join the Peace Council initiative, and thanked and highly valued Vietnam’s role as well as Vietnam-U.S. cooperation in promoting peace and safeguarding freedom, sovereignty and independence of countries in the Indo-Pacific and the world at large.

President Trump said he is confident that Vietnam-U.S. relations would continue to deepen across all fields, from economy and trade to security, defense and people-to-people exchanges, and expressed his hope to welcome General Secretary Lam to the U.S. at an appropriate time.

General Secretary Lam accepted the invitation from U.S. President Donald Trump last month to join the Gaza Peace Council and affirmed Vietnam’s readiness to participate as a founding member state of the council.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think Vietnam will become a major contributor on the rehabilitation of the Gaza Strip? What is your opinion about the state of Vietnam-America ties as well as Vietnam-Israel ties?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump Picks Kevin Warsh As The Next Federal Reserve Chairman

February 1, 2026January 31, 2026carlocarrasco

At long last, US President Donald Trump picked Kevin Warsh as the next chairman of the Federal Reserve replacing Jerome Powell, and already a lot of public officials and high-ranking members of the private sector support the choice, according to the Kyodo News report plus the White House press statement respectively.

To put things in perspective, posted below is an excerpt from the report of Kyodo News. Some parts in boldface…

U.S. President Donald Trump said Friday he will nominate Kevin Warsh to be the next chair of the Federal Reserve, with the choice of a Wall Street veteran who was a governor of the central bank over a decade ago seen as intended to avoid roiling financial markets.

Trump’s pick to replace Jerome Powell as the Fed chair caps a process that formally began last summer. While screening candidates in private, he has subjected Powell to relentless public criticism for not cutting interest rates more aggressively and challenged the independence of the world’s most influential central bank.

Trump announced the nomination in a post on social media, saying, “I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best.“

“On top of everything else, he is ‘central casting,’ and he will never let you down,” Trump added. The lengthy post, though it included information on Warsh’s professional experience, did not clearly explain the reason for his selection.

Powell’s term as Fed chief ends in May. The role requires Senate confirmation, which may not be smooth sailing for Warsh due to bipartisan concern over the Fed’s independence under Trump, most recently evidenced by the Department of Justice launching a criminal probe into Powell over a renovation of the central bank’s headquarters.

Trump told reporters later Friday in the Oval Office that he was not worried about the confirmation process, calling Warsh the “most qualified” person to take the helm of the Fed, based on his background and experience.

He also said he did not urge Warsh to cut interest rates, but admitted discussing the topic with him.

“I don’t want to ask him that question. I think it’s inappropriate, probably,” Trump said. “I want to keep it nice and pure. But he certainly wants to cut rates. I’ve been watching him for a long time.”

Warsh was previously appointed to the Fed in 2006 at the age of 35, making him the youngest person ever to serve on its board at that time. He was a board member until 2011.

During the 2008 financial crisis, he served as the Fed’s main liaison with Wall Street and earned a good reputation for stabilizing the situation.

Before that, he was a special assistant to President George W. Bush for economic policy and executive secretary of the White House National Economic Council.

After graduating from Harvard Law School in 1995, Warsh joined Morgan Stanley’s mergers and acquisitions division, where he worked for seven years and became vice president and executive director.

U.S. Treasury Secretary Scott Bessent said last week that the screening of candidates for the next Fed chief had narrowed to four finalists.

The four were said to be Warsh, Kevin Hassett, Trump’s top economic adviser, Christopher Waller, a Fed governor, and Rick Rieder, BlackRock’s chief bond investment manager.

Calling Warsh and Hassett “the two Kevins,” Trump had repeatedly said they were “great” in the weeks leading up to his official announcement.

Warsh was a finalist in the 2017 Fed chair race during Trump’s first term and was reportedly a candidate for Treasury secretary in his second presidency.

During his time on the Fed’s board, Warsh was considered a monetary hawk, meaning he was typically supportive of higher interest rates to curb inflation, even in the middle of the financial crisis.

Compared with Hassett, a close ally of Trump’s who has openly advocated lower borrowing costs for businesses and consumers, Warsh is seen by financial markets as someone who could protect the Fed’s independence from the White House.

However, Warsh, 55, an outspoken critic of the central bank, has increasingly aligned with Trump’s views in recent months. The forthcoming Senate process is likely to test his ability to withstand pressure from the president while also reassuring nervous investors.

In a November opinion piece in The Wall Street Journal, Warsh disapproved of the Fed’s current monetary policy and praised the Trump administration for advancing what he called “pro-growth” economic programs, focusing on deregulation and tax reforms.

Meanwhile, the White House press statement revealed a long list of public officials and financial market figures who responded positively to Warsh’s nomination to lead the Federal Reserve. Posted below are selected excerpts from the statement. Some parts in boldface.

The nomination has drawn widespread praise from lawmakers, business leaders, financial experts, and industry voices across the spectrum:

Senate Committee on Banking, Housing, and Urban Affairs Chairman Tim Scott: “The Federal Reserve’s decisions touch every American household, from mortgage rates to retirement savings, and President Trump has been clear that bringing accountability and credibility to the Federal Reserve is a priority, and his nomination of Kevin Warsh reflects that focus. As a former Federal Reserve Governor, Kevin has deep knowledge of markets and monetary policy that will be essential in this role. Federal Reserve independence remains paramount, and I am confident Kevin will work to instill confidence and credibility in the Fed’s monetary policy. As Chairman of the Senate Banking Committee, I look forward to leading a thoughtful, timely confirmation process that carefully examines his vision for focusing the Federal Reserve on its core mission.”

Sen. Jim Banks: “Kevin Warsh is a brilliant pick by President Trump for Fed Chair. Clear from what he wrote in 2021 he understands scale of China’s ambitions. As member of Banking Committee I look forward to working with him to maintain American financial supremacy.”

Sen. Marsha Blackburn: “Kevin Warsh is exceptionally qualified to lead the Federal Reserve as Chairman. I look forward to supporting this nomination in the Senate, and I am confident Kevin will help foster economic growth and create more opportunity for hardworking Americans.”

Canadian Prime Minister Mark Carney: “Kevin Warsh is a fantastic choice to lead the world’s most important central bank at this crucial time.”

Mortgage Bankers Association President and CEO Bob Broeksmit: “MBA congratulates Kevin Warsh on his nomination to serve as Chairman of the Federal Reserve. His prior service on the Federal Reserve Board, where he developed a reputation as a prudent, thoughtful voice on monetary policy, paired with his private sector experience, will be invaluable as he leads the Federal Reserve in what has become an increasingly challenging and complicated mission.”

U.S. Chamber of Commerce President and CEO Suzanne P. Clark: “Kevin is well known to the business community. We appreciate his years of focus on how we grow the American economy and maintain stable prices for America’s families, and look forward to his confirmation process.”

JPMorgan Chase CEO Jamie Dimon: “Kevin Warsh is a highly respected and experienced leader — across government, business and education — who I have seen act with integrity and a dedication to making our country better.”

Job Creators Network CEO Alfredo Ortiz: “Kevin Warsh is the perfect choice to lead the Federal Reserve. He has repeatedly demonstrated understanding of the true driver of inflation: excessive government money printing, not economic growth. Under his leadership, the Fed can finally reach its target inflation rate, something Chairman Powell has continually failed to do, while also expanding access to credit for small businesses. By protecting the value of the dollar, supporting economic growth, and boosting capital access, a Warsh chairmanship can backstop a booming small business economy. The Senate should quickly confirm him.”

Let me end this piece by asking you readers: What is your reaction to this development? Considering the wide-reaching positive reactions to Trump’s pick for the next Chairman of the Federal Reserve, do you feel confident that Warsh is the right choice? Do you hope to see Warsh make positive changes once he takes over as the head of the Federal Reserve? Have you been frustrated with the way Jerome Powell led the Federal Reserve and executed financial policies over the past several years?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump Delivers Largest Tax Refund Season in American History

January 28, 2026January 27, 2026carlocarrasco

While it is true that the economy of the United States is indeed growing, there are still a lot of Americans struggling financially. As such, the promised tax relief by US President Donald J. Trump is crucial for millions as the new tax season has started. The White House officially announced the largest tax refund in the nation’s history and there is professional feedback to support it.

To put things in perspective, posted below is an excerpt from the White House announcement. Some parts in boldface…

As tax season kicks off, millions of Americans are poised to receive significantly larger tax refunds thanks to President Donald J. Trump’s landmark Working Families Tax Cuts Act — which every Democrat in Congress opposed.

The historic legislation is delivering the biggest tax refund season ever, with average refunds projected to rise by $1,000 or more this year due to its transformative policies.

*Reference from the White House announcement.*

Economists and financial experts agree — 2026 will mark an unprecedented year for tax refunds:

USA TODAY: “The average refund in 2025 was $2,939, IRS data showed. This year, refunds could be as much as 30% more due to new provisions from President Donald Trump’s mega tax and spending bill, according to James Knightley, chief international economist at Dutch bank ING.”

CBS News: “Many Americans could see heftier tax refunds next year when they file their 2025 tax returns, largely due to new provisions enacted through the Republicans’ ‘one big, beautiful bill’ act that are retroactive to the start of the current year, according to an analysis from Oxford Economics. Total taxpayer savings could amount to an additional $50 billion through bigger tax refunds or a cut in their 2026 taxes…A $50 billion boost in tax refunds would represent an 18% increase from the $275 billion in refunds the IRS sent this year to nearly 94 million taxpayers who overpaid on their 2024 federal tax returns.”

The Wall Street Journal: “Refunds on average are expected to come in $1,000 higher than usual this year, according to a study by investment firm Piper Sandler.”

Business Insider: “The Tax Foundation estimates that the average tax refund will grow from $3,052 in 2024 to $3,800 for tax year 2025. Depending on your income and circumstances, you might get even more back.”

CNBC: “Tax experts and analysts have agreed that many filers will see bigger refunds… ‘Overall, we’re expecting these changes to increase refunds by 15% to 20% on average,’ Heather Berger, a U.S. economist with Morgan Stanley said…”

President Trump’s Working Families Tax Cuts Act provides broad-based tax relief for hardworking Americans, with the average taxpayer expected to see nearly $4,000 in total tax savings in 2026. Key provisions of the bill include No Tax on Tips, No Tax on Overtime, No Tax on Social Security, a deduction for auto loan interest on Made-in-America vehicles, and much more — putting more money back in the pockets of families, workers, and seniors.

For details about the One Big Beautiful Bill (OBBB) and the Working Families Tax Cuts, click here and here.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think this new tax refund season will be very helpful to Americans who are struggling with making ends meet? Have you paid close attention to the details within the Working Families Tax Cuts and the One Big Beautiful Bill already? How many families in your local community have been anticipating the new tax refunds from the Trump administration? Do you think the new tax refunds will be able to boost gross domestic product (GDP) growth to 5% this year?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump’s America Urges Allies To Increase Defense Spending To 5% Of GDP

January 25, 2026January 24, 2026carlocarrasco

Under the leadership of US President Donald J. Trump, America’s new defense strategy urged its allies and partner to increase their defense spending to 5% of their gross domestic product (GDP), according to a news report by Kyodo News. This latest development could result in a chain of events in which American allies will not only spend more but also act more responsibly when it comes to securing their respective nations.

To put things in perspective, posted below is an excerpt from the Kyodo News report. Some parts in boldface…

A new U.S. defense strategy released Friday urges all American allies and partners to increase defense spending to 5 percent of their gross domestic product and be more responsible for their own national security.

Highlighting President Donald Trump’s “America First” and “peace through strength” agenda, the Pentagon’s policy document says they have a bigger role to play, but not as “the dependencies of the last generation,” as the United States needs to prioritize defending its homeland and its interests throughout the Western Hemisphere.

“We will advocate that our allies and partners meet this standard around the world, not just in Europe,” says the first National Defense Strategy since Trump’s return to the office a year ago, referring to the 5 percent defense target.

“As our allies do so, together with the United States, they will be able to field the forces required to deter or defeat potential adversaries in every key region of the world, even in the face of simultaneous aggression,” it says.

NATO members have already pledged to meet Trump’s demand to increase defense spending from 2 percent to 5 percent of GDP by 2035. The new NATO target is composed of 3.5 percent for core military spending and an additional 1.5 percent for security-related spending.

As the document praises Europe and South Korea for committing to raising their defense expenditures since Trump’s return to office, it appears inevitable that other major U.S. allies, including Japan, will face increased pressure from his administration to follow suit.

On par with the National Security Strategy, released by the White House in December, the key defense document touches on China and its fast-paced military buildup.

But the tone is softer compared to previous versions.

It says the second Trump administration’s approach is to deter China in the Indo-Pacific region through strength, “not confrontation.”

In the 34-page document, there is also no mention of Taiwan, the self-ruled island that China regards as its own territory and around which it has been stepping up military pressure.

“President Trump seeks a stable peace, fair trade and respectful relations with China, and he has shown that he is willing to engage (Chinese) President Xi Jinping directly to achieve those goals,” the document says, adding that Washington’s goal is not to dominate China.

“Rather, our goal is simple: To prevent anyone, including China, from being able to dominate us or our allies,” it says.

As part of efforts to meet that end, the U.S. military will erect a “strong denial defense” along the first island chain in line with the security strategy, according to the defense blueprint.

The island chain runs from the Japanese archipelago, through Taiwan, the Philippines and on to Borneo, encircling China’s coastal waters.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the new American strategy will create a huge impact on how the allies will defend their respective nations? Do you think this will lead to the containment of Communist China’s aggression on the Indo-Pacific? Do you think the new strategy could lead to more stability in both Asia and Europe?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Charter Of The Board Of Peace Ratified By US President Trump In Davos

January 24, 2026January 23, 2026carlocarrasco

The effort to transform Gaza from a region ravaged by conflict and the abuse of Islamic terrorists into a reformed place of opportunity and hope took major steps forward as US President Donald J. Trump formally ratified the Charter of the Board of Peace in Davos, Switzerland, according to the official announcement by the White House.

The historic ratification establishes the Board of Peace as an official international organization dedicated to reshaping the Gaza Strip by rebuilding it, redeveloping it and creating new opportunities for Gaza residents who have been abused and pushed around by the Palestinian terrorist group Hamas for so long. There are, however, legitimate concerns and questions about the Board of Peace.

To put things in perspective, posted below is an excerpt from the White House announcement. Some parts in boldface…

Today, in an historic ceremony in Davos, Switzerland, President Donald J. Trump formally ratified the Charter of the Board of Peace — establishing it as an official international organization. President Trump, who is serving as the Board’s Chairman, was joined by Founding Members representing countries around the world who have committed to building a secure and prosperous future for Gaza that delivers lasting peace, stability, and opportunity for its people.

It’s another pivotal step forward in realizing President Trump’s vision of transforming Gaza from a region plagued by conflict and despair into one defined by opportunity, hope, and vitality. The Board of Peace stands ready to mobilize global resources, enforce accountability, and guide the implementation of the next critical phases of demilitarization, governance reform, and large-scale rebuilding.

President Trump: “This Board has the chance to be one of the most consequential bodies ever created, and It’s my enormous honor to serve as its Chairman… Today, the first steps toward a brighter day for the Middle East and a much safer future for the world are unfolding right before your very eyes. Together, we are in a position to have any credible chance… to end decades of suffering, stop generations of hatred and bloodshed, and forge a beautiful, everlasting, and glorious peace for that region.”

Secretary of State Marco Rubio: “We are here today because of President Trump’s vision. If we go back just a few months ago, people thought what was happening in Gaza was impossible to solve… No one thought that that would ever come to a resolution without more fighting and more bloodshed along the way… But President Trump had the vision and the courage to dream the impossible, to believe that it was doable, and to pursue it with all of his heart.”

To see the entire White House announcement and images, click https://www.whitehouse.gov/articles/2026/01/president-trump-ratifies-board-of-peace-in-historic-ceremony-opening-path-to-hope-and-dignity-for-gazans/

Concerns and Questions – As mentioned earlier, there are some legitimate concerns and questions regarding the Board of Peace. Hamas itself has yet to be disarmed, and two of Israel’s enemies – Turkey and Qatar – are part of the Board of Peace.

For insight, posted below is an excerpt from the related article by Looking For The Blessed Hope. Some parts in boldface.

As part of the peace deal, President Trump proposed a “Board of Peace,” made up of world leaders who will quasi-govern Gaza while the Strip is rebuilt. That phase was to begin after conditions of Phase 1 (hostage return and disarmament) were met. In Davos, President Trump has already assembled that board and appears to be pushing the plan forward, despite Gaza’s lack of adherence to Phase 1 requirements.

So, who is on this infamous “Board of Peace,” announced today and chaired by President Trump himself? Quite frankly, it is shocking. First, there are ZERO Israeli representatives on that board. None…zero…zilch…nada! From the country that was attacked by those monsters. But guess who DID make the cut:

Several Americans close to Trump, including Secretary of State Marco Rubio (who has been a staunch supporter of Israel…let’s hope he keeps his head about him), Jared Kushner (Trump’s Jewish son-in-law/business man) and Steve Witkoff (special envoy who appears to be in the hip pocket of Qatar).

Some international bankers and investment firm billionaires, apparently there to help in the rebuilding of Gaza. Perhaps that will be advantageous, or perhaps they are there to serve their own best interests…we’ll see. Remember, this is a business deal as much (or more) than a foreign policy.)

Supposedly flaming antisemite, Turkish President Erdogan, has accepted an invitation. (If not, his Foreign Minister assuredly has.) Erdogan has publicly stated his intent to destroy Israel, and just recently said (in a conversation with Iran’s president), “Peace, stability, and security of Iran are strategic and vital importance to Turkey.” Why put an avowed Israel-hater in cahoots with the Iranian regime on the board to govern a terrorist enclave who also vows to destroy Israel? Insane!

Qatari Minister of Strategic Affairs Ali al-Thawadi is also among the board members. Qatar is the financial backbone of Iran’s proxies. They literally funded Hamas, Hezbollah and the Houthis in the 2-year war with Israel. What are we thinking?

For my previous blog posts regarding President Trump, Gaza and the Middle East, click here, here and here.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the Board of Peace will be able to fulfill its commitments while Trump remains as US President? Do you think Qatar and Turkey have something very sinister planned to ruin Israel while using the Board of Peace as a diplomatic shield? Do you think Trump and the Board of Peace will be able to pressure Hamas to disarm?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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