• 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

Russia says Ukrainian drones hit nuclear power plant...

August 25, 2025

Trump learns a lesson grounded in faith, how...

August 24, 2025

Trump gave the Oval Office a gilded makeover...

August 24, 2025

Israel set to launch Gaza City offensive: High...

August 24, 2025

New RNC chair Joe Gruters vows to ‘ride...

August 24, 2025

Russia looks to update nuclear program amid ‘colossal...

August 24, 2025

GOP senators push for Kamala Harris’ testimony as...

August 24, 2025

FBI raid of John Bolton’s home reportedly linked...

August 23, 2025

The history of how Trump and Bolton’s relationship...

August 23, 2025

Cracker Barrel CEO serves up leftover corporate branding...

August 23, 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

  • Babies R Us is back: Here’s why Kohl’s is betting on babies to drive its turnaround

    August 2, 2024
  • DAVID MARCUS: Tax-free overtime could be midterm magic for GOP

    May 24, 2025
  • June home sales slump as median sales price rises to $426,900

    July 24, 2024
  • New projection signals good news for families, workers in Trump’s ‘big, beautiful bill’

    May 19, 2025
  • Johnson to side-step GOP rebels on government funding, seek Dem support to avoid shutdown

    September 24, 2024

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

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

    July 19, 2024
  • 3

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

    December 4, 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 (5,805)
  • Investing (634)
  • Stock (895)

Latest Posts

  • Federal appeals court blocks Louisiana’s new congressional map in blow to GOP

    August 18, 2025
  • Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers

    February 5, 2025
  • A US judge partially blocked Trump’s election integrity order from taking force. Is that legal?

    May 2, 2025

Recent Posts

  • Secretary of State Rubio confirms becoming acting USAID chief

    February 3, 2025
  • Gulf stock markets surge: Dubai leads with earnings boost as Fed rate cut speculation mounts

    July 23, 2024
  • WATCH: Dem senators blame Trump for Iran crisis as GOP urges him to stand firm with Israel

    June 20, 2025

Editor’s Pick

  • Trump AG pick Pam Bondi clears Judiciary Committee, will get confirmation vote in Senate

    January 29, 2025
  • Zelenskyy agrees to Trump-Putin meeting without cease-fire, but will Kremlin dictator go along?

    August 19, 2025
  • EURAUD and EURNZD: EURAUD pulled back to level a support

    August 6, 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