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The ‘Renewal of the American Dream’ is the theme of President Donald Trump’s first address of his second term to a joint session of Congress, Fox News Digital has learned. 

White House officials exclusively told Fox News Digital that the speech, themed ‘The Renewal of the American Dream,’ will feature four main sections: accomplishments from Trump’s second term thus far at home and abroad; what the Trump administration has done for the economy; the president’s renewed push for Congress to pass additional funding for border security; and the president’s plans for peace around the globe.

Trump’s joint address ‘will be must-see TV,’ White House press secretary Karoline Leavitt told Fox News Digital. 

‘President Trump has accomplished more in one month than any president in four years, and the renewal of the American Dream is well underway,’ Leavitt said ‘In his joint address to Congress, President Trump will celebrate his extraordinarily successful first month in office while outlining his bold, ambitious and commonsense vision for the future.’ 

The president will review his administration’s ‘accomplishments from his extraordinarily successful first month in office, both here at home and abroad,’ White House officials told Fox News Digital. 

Officials said the president will also discuss what his administration has done and continues to do to ‘fix the economic mess created by the Biden administration and end inflation for all Americans.’ 

The president is expected to highlight the more than $1.7 trillion in investments made since he took the oath of office to bring manufacturing back to the United States, including increases in energy production, investments in the private sector on AI and more. 

Also in the address, the president will push Congress to pass more border security funding to fund deportations and the continued construction of the border wall along the U.S. southern border. 

On foreign policy, the president is expected to outline his plans ‘to restore peace around the world.’ A White House official told Fox News Digital that Trump will lay out his plans to end the war in Ukraine. He will also focus on the work of his administration to ensure the release of all hostages from Gaza amid the Israel-Hamas conflict.

The president posted on his Truth Social account Monday morning teasing his address, saying, ‘Tomorrow night will be big. I will tell it like it is!’ 

When asked for comment on the president’s post, a White House official told Fox News Digital, ‘As always, President Trump will keep it real and speak the truth.’

The president is scheduled to speak before all members of Congress on Tuesday at 9 p.m. EST

The speech is not officially called the ‘State of the Union,’ as Trump has not been in office for a full year, though it operates in a similar fashion. The yearly presidential address is intended to showcase the administration’s achievements and policies. 

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Failed 2024 Democratic vice presidential candidate and current Minnesota Gov. Tim Walz recently floated a potential 2028 presidential run, garnering mockery online as critics sarcastically implored him to throw his hat in the ring.

Laughing emojis and comments such as ‘Need a morning chuckle’ or ‘Yes please’ were splashed across conservative social media accounts after Walz floated a potential 2028 presidential run during a recent conversation with the New Yorker.

Walz ran alongside former Vice President Kamala Harris on the Democrats’ 2024 ticket in the waning months of the election cycle after former President Joe Biden dropped out of the race amid mounting concern over his mental acuity and age.

Walz demurred at first when asked if he would run for president during the New Yorker interview published Sunday, before saying he would run if the opportunity presented itself. 

‘Well, I had a friend tell me, ‘Never turn down a job you haven’t been offered,’’ Walz said when asked if he would run for president. 

‘If I think I could offer something … I would certainly consider that,’ he said. ‘I’m also, though, not arrogant enough to believe there’s a lot of people that can do this.’

He said that under the correct circumstances and if he has the right ‘skill set’ for the 2028 race, ‘I’ll do it.’

‘You might do it?’ the New Yorker asked. 

‘I’ll do whatever it takes,’ Walz said. ‘I certainly wouldn’t be arrogant enough to think that it needs to be me.’

‘I’ve always said this: I didn’t prepare my life to be in these jobs, but my life prepared me well,’ he said. ‘And, if this experience I’ve had and what we’re going through right now prepares me for that, then I would. But I worry about people who have ambition for elected office. I don’t think you should have ambition. I think you should have a desire to do it if you’re asked to serve. And that’s kind of where I’m at.’ 

Social media critics had a field day on X over the remarks, resurrecting the ‘Tampon Tim’ moniker, mocking the prospect of a Walz presidency, while encouraging him to make a run official. 

‘Tampon Tim’ was a nickname used by conservatives during the election cycle that mocked Walz’ Minnesota policies that provide menstrual products ‘to all menstruating students in restrooms regularly used by students,’ as opposed to stating the products were intended for female students. 

After Biden’s exit from the 2024 race in July, Harris simultaneously launched her campaign as well as her search for a running mate, combing through a list of high-profile Democrats and lesser-known allies before choosing Walz.

Following the Democratic ticket’s loss, political strategists and insiders launched post-mortems on the campaign, with a handful pointing to Harris’ selection of Walz as her running mate as opposed to another candidate, such as Pennsylvania Gov. Josh Shapiro, who is popular in the key battleground state that ultimately voted for President Donald Trump.

Walz added in his conversation with the New Yorker that he and Harris ended the campaign cycle on good terms, but that he has only spoken to the former vice president a handful of times since November 2024. 

‘I’m doing my job, and she’s doing her job, and she’s out in California, I believe, living, and I’m here in beautiful Minnesota, where the weather’s always great,’ he said.

‘Well, maybe she doesn’t want to talk to me after we got this thing done,’ Walz said while laughing when asked why they don’t speak more frequently. ‘No, I think it’s just there’ll be a time and a place. But we left good, and my family misses her. My daughter, especially.’

Fox News Digital reached out to Walz’s office for any additional comment on a potential presidential run or response to social media critics, but did not immediately receive a reply.

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The Trump administration is pausing all aid to Ukraine, including weapons in transit or in Poland, until Ukrainian leaders show more appreciation for U.S. support and a commitment to peace, Fox News has learned. 

The pause comes days after a contentious meeting between Ukrainian President Volodymyr Zelenskyy and President Donald Trump in the White House over how to end the three-year conflict initiated by Russia. 

‘President Trump has been clear that he is focused on peace,’ a White House official told Fox News. ‘We need our partners to be committed to that goal as well. We are pausing and reviewing our aid to ensure that it is contributing to a solution.’

A senior Trump administration official also told Fox News that military aid will remain on hold until Ukrainian leaders show a commitment to good faith peace negotiations.

‘This is not permanent termination of aid, it’s a pause,’ the official emphasized. ‘The orders are going out right now.’

The official said Monday’s move was in response to Zelenskyy’s conduct over the last week.

Zelenskyy’s meeting with Trump and Vice President JD Vance last week erupted into a shouting match that was seen worldwide. The Ukrainian president traveled to the United States to meet with Trump after the commander-in-chief said a peace negotiation to end the war between Ukraine and Russia is in its final stages. 

Zelenskyy was apparently presented with a minerals for security agreement by the Trump administration prior to the press event, but the deal included no security guarantees to protect Ukraine from another Russian invasion. 

Minutes after reporters in the Oval Office asked their first questions, an aggressive spat unfolded between the heads of state.

‘We cannot just sign an … agreement without any substantial guarantees,’ one Ukrainian defense advisor told Fox News Digital. ‘It’s not going to work. It’s just going to reward the aggressor.’

Zelenskyy’s refusal to sign a deal apparently contributed to the ire of Trump and Vice President JD Vance.  The Ukrainian leader pointed out that Russia never stopped attacking Ukraine between 2014 and 2022, four years of which included Trump’s first term. 

‘Nobody stopped him you know,’ Zelenskyy said, adding that Russian President Putin repeatedly violated bilateral agreements. 

Trump then accused Zelenskyy of ‘gambling with World War Three’ as the Ukrainian president pushed back at suggestions that he should work harder to reach a ceasefire with Vladimir Putin.

Following the heated exchange, Zelenskyy refused to apologize when asked by Fox News chief political anchor Bret Baier. 

‘Mr. President, do you think your relationship with Donald Trump — President Trump — after today can be salvaged?’ Baier asked Zelenskyy.

‘Yes, of course, because it’s relations more than two presidents. It’s the historical relations, strong relations between our people, and that’s why I always began… to thank your people from our people,’ Zelenskyy said during an exclusive interview Friday on ‘Special Report.’

‘Of course, thankful to the president, and, of course, to Congress, but first of all, to your people. Your people helped save our people… we wanted very much to have all these strong relations, and where it counted, we will have it.’

The Biden administration gave billions in military aid to Ukraine to fend off Russian forces amid its three-year war following Moscow’s invasion of its neighbor. 

When asked Monday about the status of the rare-earth minerals deal, Trump told reporters that he would disclose where the deal stands when he addresses a joint session of Congress Tuesday in a speech akin to the annual State of the Union. He added that he would like to see the Ukrainian leader express more gratitude for U.S. support during the war in order to rekindle peace negotiations. 

‘I just think he should be more appreciative because this country has stuck with him through thick and thin,’ Trump said. ‘We’ve given them much more than Europe, and Europe should have given more than us because, as you know, that’s right there, that’s the border.’ 

This story is breaking. Please check back for updates.

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U.S. Attorney General Pam Bondi revealed that the Department of Justice has received more Jeffery Epstein files from the Federal Bureau of Investigation (FBI) after the document release she touted last week fell flat. 

Speaking to Fox News host Sean Hannity on Tuesday night, Bondi confirmed that a ‘truckload’ of Epstein files were delivered by the FBI after she gave the agency until 8 a.m. on Friday morning to deliver them. 

‘I gave [the FBI] a deadline of Friday at 8 a.m. to get us everything,’ Bondi explained. ‘And a source had told me where the documents were being kept, Southern District of New York, shock. So we got them all by Friday at 8 a.m.’

‘Thousands of pages of documents. I have the FBI going through them…and Director Patel is going to get us a detailed report as to why the FBI withheld all of those documents,’ she continued.

Bondi went on to describe the documents as being ‘a truckload of evidence,’ and emphasized that a detailed report is incoming.

‘And, you know, we’re going to go through it, go through it as fast as we can, but go through it very cautiously to protect all the victims of Epstein,’ she said.

The attorney general also accused the Biden administration of ‘sitting’ on the documents.

‘No one did anything with them. And why were they sitting in the Southern District of New York? I want a full report on that,’ Bondi said. ‘You know, sadly, these people don’t believe in transparency. But I think more unfortunately, I think a lot of them don’t believe in honesty.’

‘And it’s a new day. It’s a new administration, and everything’s going to come out to the public. The public has the right to know Americans have a right to know.’

The highly-anticipated rollout of the Epstein files drew criticism across the country on Thursday, disappointing those who expected a ‘client list’ or any significant new information about the disgraced Palm Beach-based sex trafficker. Rep. Anna Paulina Luna, R-Fla., was one of the many vocal critics of the rollout.

‘I nor the task force were given or reviewed the Epstein documents being released today… A NY Post story just revealed that the documents will simply be Epstein’s phonebook,’ the Florida congresswoman wrote on X. ‘THIS IS NOT WHAT WE OR THE AMERICAN PEOPLE ASKED FOR and a complete disappointment. GET US THE INFORMATION WE ASKED FOR!’

Fox News Digital’s Andrew Mark Miller contributed to this report.

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President Donald Trump will make the first address of his second term to a joint session of Congress on Tuesday. His first six weeks were dominated by ongoing executive actions, redefining international relations and government efficiency efforts. Political strategists shared with Fox News Digital what to expect from Trump’s big speech. 

Republican strategists say Trump should tell the story of his first six weeks, drawing contrast with former President Joe Biden’s administration. Meanwhile, Democrats are focused on what they say is Trump’s failure to lower prices. 

Sen. Elissa Slotkin, D-Mich., is tasked with the party’s rebuttal. 

‘Trump is going to contrast himself with the previous administration. The previous administration was weak and directionless. No one knew who was in charge. No one really understood what the Biden administration stood for. There couldn’t be a more dramatic change from Biden to Trump,’ political columnist Kristin Tate said. 

Republicans say Trump should highlight the themes of his first six weeks and explain how his executive actions reflect his greater vision for the country. 

‘He needs to tell a story. He needs to weave in all the things he’s done, all this progress over the last month into a story and a theme and tell it,’ Republican strategist Matt Gorman said. ‘He did it really well during his inauguration. It’s a status update. I think it’s really important that he weaves all of these actions and all the things he’s done into one big story about what it means for us as Americans but also what it means for his vision for the next three and four years.’

Republican strategists told Fox News Digital that Trump should tell Americans how he has already delivered on key campaign promises, including slowing illegal border crossings, reversing Biden’s green energy policies, his ‘de-weaponization’ of the Justice Department and his work to eliminate DEI.

‘I expect, and he will, take a victory lap on some of those items because it represents promises made, promises kept. But then he needs to cast the forward-facing vision: Where do we go from here? What are the big-ticket legislative items? How do we get past this legislative debate over one big bill or two separate initiatives and focus on what those bills contain, because time is fleeting,’ said Republican strategist Colin Reed.

Reed said Trump should focus on ‘the legislative priorities and go beyond just the executive orders.’ And as leaders grapple with the fallout of Trump’s heated meeting with Ukrainian President Volodymyr Zelenskyy on Friday, Reed said Trump could reset the narrative on Tuesday night. 

‘For everything that’s happened over the last few days on foreign policy, I think it’s an opportunity for him to reset the narrative on what he wants to do domestically,’ Reed said. ‘The events of Friday are going to obviously cast a shadow over tomorrow. But look, President Trump is in many ways dealing with the leftover mess [of] his predecessor on the global front. In his mind, the issues he’s facing, the challenges that happened in Ukraine would not have happened on his watch. He still has the residue of the Biden administration to deal with. That’s going to be an overarching narrative for the foreseeable future,’ Reed added.

To contrast Trump’s speech, the Democratic National Committee argues that Trump is failing to deliver on his campaign promise to lower costs and boost the economy. DNC Chair Ken Martin has been traveling the country leading up to Tuesday night, telling Americans about the chaos Trump and Elon Musk are creating throughout the U.S. 

During Trump’s fifth address to a joint session of Congress, Democrats and Republicans agreed that he is unlikely to invite new Americans into the fold. 

‘He’s president for everyone, but I don’t expect Democrats to suddenly have a change of heart. They’re trying to figure out less what they think about Trump and more what they’re going to do about him. And they don’t have an answer for the latter at all. They’re very much in an era of confusion right now in their party, trying to figure out what they stand for and how they’re going to adjust to actually get a majority of voters, again, just to support them,’ Gorman added. 

Brad Bannon, president of Bannon Communications Research, said Trump has done very little in his first few weeks to appeal to anyone beyond his ‘base MAGA vote.’

‘I don’t see any sign that he’s trying to appeal to anybody who didn’t vote for him last year,’ Bannon said. ‘He has control of Congress, a compliant Supreme Court. It seems to me everything he’s done … has been to appeal to the people who already support him, and he’s not making any effort to reach out. I would be very surprised if he does Tuesday night.’

Tate, however, urged Trump to extend an olive branch to moderate Democrats during his speech.

‘I even believe that he is going to reach out across the aisle and throw some compliments to some of the more moderate Democrats. He really needs to do this. Sen. [John] Fetterman from Pennsylvania would be a great first choice to highlight as a Democrat who is not blinded by hateful partisanship but is rather looking to find common ground to help everyday Americans,’ she said.

‘Trump has a lot to be proud of, and rest assured he will shine a light on all of those grand achievements which have taken place in such a short period of time, and he is going to paint a grand vision for the future of America, including not just what America represents, but what it can be at its finest,’ Tate continued. 

Trump has the headlining speech Tuesday night, but Democrats also have an opportunity with Slotkin’s response to frame their own message about what the Democratic Party stands for. Bannon said Trump won because Americans believed the country was headed in the wrong direction. 

‘Democrats would be making a mistake if their response to Trump is just trying to preserve the status quo,’ he said. ‘I think Democrats have to be bold and go bold. Not only a need to defend the worthiness of programs that Trump is arbitrarily cutting, but they need to go beyond that and define the Democratic Party version of what they would do to change the status quo. That’s Trump’s biggest appeal. He appeals to people who are unhappy with the status quo, and Democrats will fall into a trap if they just say, ‘Well, we have to preserve what we already have.”

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Fox News Digital spoke to two political analysts on where President Trump stands grade wise with the American public on some of the top issues heading into his address to a joint session of Congress on Tuesday night. 

Rob Bluey, president and executive editor of the Daily Signal, and Julian Epstein, longtime Democratic operative, attorney, and former chief counsel to the House Judiciary Committee, gave Trump grades of A-F on some of the top issues he is expected to touch on in his speech. 

BLUEY: A

‘Homeland Security Secretary Kristi Noem and border czar Tom Homan are among the most visible members of the Trump administration,’ Bluey told Fox News Digital. 

‘Their work is paying off. Customs and Border Protection is encountering a record-low number of illegal aliens at the southern border. Thanks to combination of increased enforcement and the threat of deportation, President Trump is delivering on his promise to end illegal immigration. He’ll need more resources from Congress to finish the job and finally secure the border.’

EPSTEIN: A 

‘Promises made, promises kept, the public is strongly behind him on this, and Democracies don’t survive too long under the Biden open borders approach,’ Epstein said. 

BLUEY: B

‘President Trump promised to end the war between Russia and Ukraine in 24 hours. That’s proving to be more difficult, mostly because of Volodymyr Zelenskyy’s unrealistic demands,’ Bluey said. ‘After Friday’s blowup in the Oval Office, it’s unclear when peace talks will resume. In the Middle East, Trump is hoping to replicate the success of the Abraham Accords negotiated during his first term. Trump set the tone with his ultimatum for Hamas to release hostages, although there are approximately 59 still in captivity. With the first phase of the ceasefire coming to an end, it’ll take more U.S. diplomacy to get a deal done.’

EPSTEIN: B

‘The Zelenskyy Presser meltdown didn’t make anyone look good on the global stage, Epstein said. ‘Rule #1: get your act together before you go public. And where are our hostages in Gaza?  On the other hand, Trump is playing three-dimensional chess in each theater, where Biden was playing checkers and never made much meaningful progress.’

Bluey: A+

‘Using his executive powers, President Trump ordered an end to DEI throughout the federal government—and exposed its deep roots across the bureaucracy,’ Bluey told Fox News Digital. ‘By eliminating DEI jobs, he’s ensuring that taxpayers no longer subsidize this Marxist idea. He also signed an executive order banning men from women’s sports, an iconic moment with young athletes cheering him on. His confrontation with Maine Gov. Janet Mills over the issue shows he’s serious about enforcing it.’

Epstein: A 

‘The American people never wanted the cultural revolution that the far left was trying to impose on race and gender, the president will have a super majority of public support on this,’ Epstein said. 

Bluey: A

‘Elon Musk and the DOGE team are on the hunt to save taxpayers $1 trillion, which would cut the budget deficit in half,’ Bluey told Fox News Digital. ‘They’ve already found $65 billion and showcased the results on a public website. But that represents just 6.5% of Musk’s goal, revealing what a daunting task it will be. Fortunately, there’s finally someone in Washington with the guts to cut spending and bring accountability to federal agencies. Musk shows no signs of slowing down, buoyed by recent polls showing support for spending reductions.’

Epstein: B+ 

‘Trump, must, will have public support to rid the bureaucracy of all its flab, self dealing and cultural revolutionary ideology,’ Epstein said. ‘But they’re acting like they are in a breathless race against father time on this, when in fact they have time to make sure they don’t cut off important things like cancer research.’

Bluey: B

‘President Trump acknowledged that inflation will be hard to tame, placing the blame on his predecessor,’ Bluey explained. ‘It’s true that the Biden administration’s spending spree got us into this mess. And it doesn’t help that Trump is also facing a bird flu outbreak causing a spike in egg prices. Voters, however, expect Trump to deliver on his promise to help with the cost of living. His efforts to reduce regulatory burdens and provide tax relief are important steps. He’ll need to keep a watchful eye on Americans’ views of their personal finances to measure his success.’

Epstein: B

‘Biden made a lot of mistakes and did a lot of dumb things, probably the dumbest was back shelving inflation,’ Epstein said. ‘For all of the whirlwind, we’ve seen very little in the way of Trump tackling inflation in the first month. This has to change.’

Trump will address Congress on Tuesday night in a speech expected to tout his accomplishments to date while previewing his agenda in the months and years ahead.

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President Donald Trump is set to address a joint session of Congress on Tuesday night for the first time in his second term and is expected to deliver a speech to outline his plans for the nation under the theme of ‘The Renewal of the American Dream.’ 

The president is scheduled to speak before all members of Congress on Tuesday at 9 p.m. EST. 

The speech is not officially called the ‘State of the Union’ because Trump has not been in office for a full year, though it operates in a similar fashion. The yearly presidential address is intended to showcase the administration’s achievements and policies. 

The president has been working at a breakneck pace to align the federal government with his ‘Make America Great Again’ policies. The president took more than 200 executive actions on his first day in office on Jan. 20 and has not slowed the pace since. 

White House officials exclusively told Fox News Digital that the speech, themed ‘The Renewal of the American Dream,’ will feature four main sections: accomplishments from Trump’s second term thus far at home and abroad; what the Trump administration has done for the economy; the president’s renewed push for Congress to pass additional funding for border security; and the president’s plans for peace around the globe.

Trump’s joint address ‘will be must-see TV,’ White House press secretary Karoline Leavitt told Fox News Digital. 

‘President Trump has accomplished more in one month than any president in four years, and the renewal of the American Dream is well underway,’ Leavitt said. ‘In his joint address to Congress, President Trump will celebrate his extraordinarily successful first month in office while outlining his bold, ambitious and commonsense vision for the future.’

The president will review his administration’s ‘accomplishments from his extraordinarily successful first month in office, both here at home and abroad,’ White House officials told Fox News Digital.

Officials said the president will also discuss what his administration has done and continues to do to ‘fix the economic mess created by the Biden administration and end inflation for all Americans.’

The president is expected to highlight the more than $1.7 trillion in investments made since he took the oath of office to bring manufacturing back to the United States, including increases in energy production, investments in the private sector on AI and more. 

Also in the address, the president will push Congress to pass more border security funding to fund deportations and the continued construction of the border wall along the U.S. southern border. 

On foreign policy, the president is expected to outline his plans ‘to restore peace around the world.’ A White House official told Fox News Digital that he will lay out his plans to end the war in Ukraine. He will also focus on the work of his administration to ensure the release of all hostages from Gaza.

The president posted on his Truth Social account on Monday morning teasing his address, saying, ‘Tomorrow night will be big. I will tell it like it is!’ 

When asked for comment on the president’s post, a White House official told Fox News Digital, ‘As always, President Trump will keep it real and speak the truth.’

Fox News Channel, Fox News Digital and Fox News Go will have live coverage of the event Tuesday evening.

Fox News Channel will also preview the speech during its prime-time and afternoon programming.

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The Consumer Financial Protection Bureau’s Trump-appointed leadership plans to fire nearly all its 1,700 employees while “winding down” the agency, according to testimony from employees.

In a trove of statements released late Thursday, federal employees said that the mass layoff was discussed in meetings they attended this month with senior CFPB leaders and members of Elon Musk’s Department of Government Efficiency.

“My team was directed to assist with terminating the vast majority of CFPB employees as quickly as possible,” said an employee identified as Alex Doe, a pseudonym used out of fear of retaliation.

Doe said the plan from CFPB leaders and DOGE was to cut the bureau’s workforce in three phases. It would first eliminate probationary and term employees, then carry out a wave of about 1,200 layoffs, leaving a skeleton crew of a few hundred workers.

“Finally, the Bureau would ‘reduce altogether’ within 60-90 days by terminating most of its remaining staff,” Doe said.

The workers’ testimony comes at a crucial time for the CFPB, the agency created to protect consumers after the 2008 financial crisis was caused, in part, by irresponsible lending. Since DOGE operatives first arrived at the CFPB this month, the bureau has closed its Washington headquarters, initiated the first round of layoffs, and told those who remain to stop nearly all work.

The filings were made in the case started by a CFPB union that suspended acting Director Russell Vought’s moves to shutter the bureau. After the CFPB fired about 200 probationary and term employees, the agency’s actions were put on hold until a hearing scheduled for Monday.

The documents show an apparent disconnect between some of the external messaging from Vought and the behind-the-scenes activity at the bureau.

“CFPB leadership has also been apparently lying to us that it will allow us to follow the law and our statutory obligations to protect consumers,’ said a current CFPB employee who spoke on the condition of anonymity because they feared repercussions. ‘Those of us employed at the CFPB will not stop fighting for our right to get back to the work of protecting consumers that Congress has required of us.”

In a motion filed Monday, Vought pushed back against the idea that he planned to eliminate the CFPB.

“The predicate to running a ‘more streamlined and efficient bureau’ is that there will continue to be a CFPB,” he wrote.

But the Trump administration’s plan was to take the CFPB down to the barest minimum staffing required under law: Just five CFPB employees would remain, either in a standalone office or folded into another regulatory body, the workers testified.

In meetings from Feb. 18 to Feb. 25, “staff were told by Senior Executives that the CFPB would be eliminated except for the five statutorily mandated positions,” said another current CFPB employee, this one identified as Drew Doe.

“One Senior Executive said that CFPB will become a ‘room at Treasury, White House, or Federal Reserve with five men and a phone in it,’” Doe said.

The employees said that, if directed to by the court, they would provide their names and titles under seal.

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Kroger Chairman and CEO Rodney McMullen has resigned after an internal investigation into his personal conduct.

Kroger, the nation’s largest grocery chain, said Monday that the investigation into McMullen’s personal conduct was unrelated to the business, but was found to be inconsistent with its business ethics policy.

Board member Ronald Sargent will serve as chairman and interim CEO, effective immediately.

Sargent has been on Kroger’s board since 2006 and has served as the lead director of the company since 2017. He’s worked in several roles at the grocery chain across stores, sales, marketing, manufacturing and strategy. Sargent is also the former chairman and CEO of Staples.

McMullen, 64, began his career with Kroger in 1978 as a part-time stock clerk and bagger at a store in Lexington, Kentucky. He worked his way up through the company, becoming chief financial officer in 1995 and chief operating officer in 2009. McMullen was named Kroger’s CEO in 2014 and became the company’s chairman the following year.

Cincinnati-based Kroger said its board was made aware of the situation on Feb. 21 and immediately hired an outside independent counsel to conduct an investigation, overseen by a special board committee.

The company said that McMullen’s conduct is not related to its financial performance, operations or reporting, and did not involve any Kroger associates.

Kroger will conduct a search for its next CEO, with Sargent agreeing to remain as interim CEO until someone is appointed to the role permanently.

Kroger shares fell more than 3.5% ahead of the opening bell Monday.

McMullen’s departure comes as Kroger is regrouping from its failed effort to merger with Albertsons. The two companies proposed what would have been the largest supermarket merger in U.S. history in 2022, saying they needed to combine forces to better compete with rivals like Walmart.

But two judges halted the $24.6 billion deal in December, saying it was likely to lessen competition and raise prices. Albertsons later sued Kroger, saying it had failed to make every effort to ensure that the merger would win regulatory approval.

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The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation.

In a Sunday evening announcement, Treasury said in a news release that it will not impose penalties now or in the future if companies fail to register for the agency’s beneficial ownership information database that was created during the Biden administration.

Despite efforts by small businesses to undo the rule in the courts, it remains in effect.

On Sunday, President Donald Trump on his Truth Social media site praised the suspension of enforcement of the rule and said the database is “outrageous and invasive.”

“This Biden rule has been an absolute disaster for Small Businesses Nationwide,” he said. “The economic menace of BOI reporting will soon be no more.”

In September 2022, the Treasury Department started rulemaking to create a database that would contain personal information on the owners of at least 32 million U.S. businesses as part of an effort to combat shell company formations and illicit finance.

The rule required most American businesses with fewer than 20 employees to register their business owners with the government as of Jan. 1, 2024. Small businesses are targeted because shell companies, often used to hide illegally obtained assets, tend to have few employees.

Treasury officials, including former Treasury Secretary Janet Yellen, said the regulatory burden would be small, costing about $85 per business, but would offer benefits to law enforcement officials seeking to track down money launderers and other criminals. She said in January 2024 that more than 100,000 businesses had filed beneficial ownership information with Treasury.

The rule and its legislative authority — the Corporate Transparency Act, an anti-money laundering statue passed in 2021 — have been mired in litigation. In 2022, a small business lobbying group sued to block the Treasury Department’s requirement that tens of millions of small businesses register with the government. On Feb. 27, Treasury’s Financial Crimes and Enforcement Network said it would not take enforcement actions against companies that do not file beneficial ownership data with the agency.

Business leaders cite privacy and security concerns about the database and say it is duplicitous to other government agencies that maintain corporate databases.

“This is a victory for common sense,” said U.S. Secretary of the Treasury Scott Bessent on Sunday. “Today’s action is part of President Trump’s bold agenda to unleash American prosperity by reining in burdensome regulations, in particular for small businesses that are the backbone of the American economy.”

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