Thursday, May 29th, 2025 - “TACO Trade”; Sketchy pardons update; Fannie and Freddie go public; ICE pressure; Tate bros charged in the UK

Today’s Headlines: Trump dismissed Wall Street's new "TACO trade" nickname — Trump Always Chickens Out — used by investors profiting off his tariff tweets, calling it “the nastiest question.” Meanwhile, he continued his pardon/commutation spree, finalizing the Chrisley’s as well as to a corrupt Virginia sheriff, ex-Rep. Michael Grimm, a convicted gang leader, and rapper NBA YoungBoy, among others. He also announced plans to take Fannie Mae and Freddie Mac public while keeping government loan guarantees, boosting their stocks to 2008 levels. Stephen Miller and Kristi Noem reportedly pressured ICE to triple daily immigrant arrests to 3,000, using job threats as leverage. Lastly, the Tate brothers now face 21 charges in the UK tied to rape, trafficking, and abuse, while also battling similar cases in Romania, where they remain under legal proceedings.

Resources/Articles mentioned in this episode:

• CNN: Trump was just asked about the ‘TACO trade’ for the first time. He called it the ‘nastiest question’  

• Axios: Trump pardons criminals with MAGA credentials or big money

• Bloomberg: Fannie, Freddie to Keep US Guarantee If Taken Public, Trump Says

• Axios: Scoop: Stephen Miller, Noem tell ICE to supercharge immigrant arrests 

• AP News: Tate brothers face rape and trafficking charges in the UK 

Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson

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