• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Here’s what happened during Trump’s 3rd week in office

by February 8, 2025
written by February 8, 2025

President Donald Trump welcomed Israeli Prime Minister Benajamin Netanyahu to the White House Tuesday, marking the first visit from a foreign leader during Trump’s second term. 

During Netanyahu’s visit, Trump also unveiled massive plans suggesting that the U.S. would ‘take over’ the Gaza Strip in a ‘long-term ownership position’ to deliver stability to the region. 

‘The U.S. will take over the Gaza Strip, and we will do a job with it, too,’ Trump said Tuesday evening in a joint press conference with Netanyahu. ‘We’ll own it and be responsible for dismantling all of the dangerous, unexploded bombs and other weapons on the site.’

Even so, White House press secretary Karoline Leavitt said the president wouldn’t commit to placing U.S. troops on the ground in Gaza as part of the rebuilding effort. 

‘It’s been made very clear to the president that the United States needs to be involved in this rebuilding effort, to ensure stability in the region for all people,’ Leavitt told reporters Wednesday at a White House press briefing. ‘But that does not mean boots on the ground in Gaza. It does not mean American taxpayers will be funding this effort. It means Donald Trump, who is the best dealmaker on the planet, is going to strike a deal with our partners in the region.’

Leavitt said that Trump is an ‘outside-of-the-box thinker’ who is ‘a visionary leader who solves problems that many others, especially in this city, claim are unsolvable.’

The announcement sparked backlash though from Democratic lawmakers, to leaders of Palestinian militant group, Hamas. 

‘What President Trump stated about his intention to displace the residents of the Gaza Strip outside it and the United States’ control over the Strip by force is a crime against humanity,’ a senior Hamas official told Fox News on Wednesday.

Here are some other actions Trump took his second week in office: 

Maximum pressure on Iran 

Trump also reinstated his ‘maximum pressure’ campaign against Iran, instructing the Treasury Department to execute ‘maximum economic pressure’ upon Iran through a series of sanctions aimed at sinking Iran’s oil exports. 

Trump said Tuesday that he was ‘torn’ about signing the order and admitted he was ‘unhappy to do it,’ noting that the executive order was very tough on Iran. 

‘Hopefully, we’re not going to have to use it very much,’ Trump told reporters Tuesday. 

Trump later told reporters in a joint press conference with Netanyahu that he believes Iran is ‘close’ to developing a nuclear weapon, but that the U.S. would stop a ‘strong’ Tehran from obtaining one.

‘They’re very strong right now, and we’re not going to let them get a nuclear weapon,’ Trump said. 

His first administration also adopted a ‘maximum pressure’ initiative against Tehran, issuing greater sanctions and harsher enforcement for violations.

Strict sanctions were reimposed upon Iran after Trump withdrew from the Iran deal, known as the Joint Comprehensive Plan of Action, in May 2018. The 2015 agreement brokered under the Obama administration had lifted sanctions on Iran in exchange for limits on Iran’s nuclear program.

Sanctions against the International Criminal Court 

Trump also signed an executive order sanctioning the International Criminal Court (ICC) on Thursday, in response to its May 2024 arrest warrant for Netanyahu.

The order — which was lauded by even some top Democrats — unveils financial sanctions and visa restrictions against ICC officials and their family members who support ICC investigations against U.S. citizens and allies. 

The White House also signed executive orders on Thursday instructing the Justice Department to establish a task force dedicated to weeding out ‘anti-Christian bias,’ and a review of all nongovernmental organizations that accept federal funds.

The ICC is an independent, international organization based in The Hague and established under the Rome Statute, an international treaty that took effect in 2002. The court oversees global issues including genocide, crimes against humanity and war crimes. 

The Trump White House claims that the U.S. and Israel are not subject to the jurisdiction of the ICC because the court poses threats to U.S. sovereignty and constitutional protections. Additionally, the White House has accused the ICC of politicization and said it has targeted Israel without holding regimes like Iran to the same standards. 

Sovereign Wealth Fund 

The U.S. Treasury and Commerce Departments will establish a sovereign wealth fund in accordance with a new executive order Trump signed on Monday. 

The sovereign wealth fund, a state-owned investment fund with various financial assets like stocks and bonds, could foot the bill for purchasing TikTok, according to Trump. 

‘We’re going to be doing something perhaps with TikTok, and perhaps not,’ Trump told reporters Monday. ‘If we make the right deal, we’ll do it. Otherwise, we won’t.’

Secretary of the Treasury Scott Bessent said the sovereign wealth fund would be created within the next 12 months. 

 

‘I think it’s going to create value and be of great strategic importance,’ Bessent told reporters Monday. 

Bessent and Commerce Secretary nominee Howard Lutnick are instructed to devise a plan in the next 90 days for the creation of the fund, according to the White House. The proposal will include recommendations on funding mechanisms, investment strategies, fund structure and a governance model. 

More details on the sovereign wealth fund were not immediately available, and it’s unclear whether Congress will sign off on it. 

Fox News’ Greg Norman contributed to this report. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Hegseth to look into ‘what went wrong’ in Afghanistan and pledges accountability, slams diversity motto
next post
Judge blocks Trump from placing 2,200 USAID workers on leave

related articles

Inside longtime Biden aide’s marathon closed-door grilling in...

July 12, 2025

David Gergen, trusted White House advisor to 4...

July 11, 2025

Who is Ashley Williams, the longtime Biden aide...

July 11, 2025

Jasmine Crockett rips Trump ‘regime,’ vows ‘solidarity’ with...

July 11, 2025

JONATHAN TURLEY: Justice Jackson plays pundit to dismay...

July 11, 2025

‘Nothing to stand on’: Ex-White House physician slams...

July 11, 2025

State Department to axe 1,800 employees

July 11, 2025

Biden cover-up probe heats up as another ex-White...

July 11, 2025

State Department to begin mass layoffs of about...

July 11, 2025

Duffy just got an additional job in Trump’s...

July 11, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Kamala stays on offense, Trump went to personal attacks, ABC much tougher on former president

    September 11, 2024
  • Stellar and Bitcoin Cash: Stellar pushes to new July high

    July 16, 2024
  • Trump-backed plan to avoid government shutdown advances to House-wide vote as Republicans defect

    September 10, 2024
  • Biden’s autopen use questioned amid released audio from Special Counsel Hur interview

    May 17, 2025
  • Time is running out to stop Iran from making nuclear bomb: ‘Dangerous territory’

    April 8, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,319)
  • Investing (634)
  • Stock (841)

Latest Posts

  • Trump report card: Conservative and liberal analysts reveal their grades for president on top issues

    March 4, 2025
  • US says 8,000 North Korean soldiers to begin combat operations in war with Ukraine ‘in coming days’

    October 31, 2024
  • COUNTDOWN: Harris has just 4 days left to make good on sit-down interview proclamation

    August 27, 2024

Recent Posts

  • Trump blasts Harris as part of Truth Social flurry on what she ‘didn’t mention’ in DNC speech

    August 23, 2024
  • Schumer ‘forcefully’ told Biden he should drop his re-election bid: Report

    July 18, 2024
  • Amid soaring threats from Iran, Russia against US homeland, Biden-Harris must focus on protecting us all

    October 2, 2024

Editor’s Pick

  • Ken Griffin’s $44.6 million stegosaurus skeleton acquisition sets auction record

    July 18, 2024
  • IAEA chief calls Israeli president, reportedly says Iran nuclear facility was severely damaged

    June 13, 2025
  • ApeCoin and Akita Inu: ApeCoin tries to retain new support

    September 3, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock