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Could Splits Within the GOP Over Economic Policy Hurt the Trump Administration?

With Speaker of the House Mike Johnson (R-LA) by his side President Donald Trump speaks to the press following a House Republican meeting at the U.S. Capitol on May 20, 2025 in Washington, DC.

Getty Images, Tasos Katopodis

Could Splits Within the GOP Over Economic Policy Hurt the Trump Administration?

Republican U.S. Senator Josh Hawley from Missouri is an unusual combo of right and left politics—kind of like an elephant combined with a donkey combined with a polar bear. And, yet, his views may augur the future of the Republican Party.

Many people view the Republican and Democratic parties as ideological monoliths, run by hardcore partisans and implacably positioned against each other. But, in fact, both parties have their internal divisions, influenced by various outside organizations. In the GOP, an intra-party battle is brewing between an economic populist wing with its more pro-labor positions and a traditional libertarian wing with its pro-free market stances.

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Just the Facts: Trump’s Middle East Trip

U.S. President Donald J. Trump and Saudi Crown Prince Mohammed bin Salman a signing ceremony at the Saudi Royal Court on May 13, 2025, in Riyadh, Saudi Arabia.

Getty Images, Win McNamee

Just the Facts: Trump’s Middle East Trip

The Fulcrum strives to approach news stories with an open mind and skepticism, striving to present our readers with a broad spectrum of viewpoints through diligent research and critical thinking. As best we can, we remove personal bias from our reporting and seek a variety of perspectives in both our news gathering and selection of opinion pieces. However, before our readers can analyze varying viewpoints, they must have the facts.

Are pro-Israel supporters of Donald Trump concerned about his recent trip to the Middle East?

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Man looking at stocks on his phone. Stock market.

As Trump pushes disruption, the markets push back.

Getty Images, Alistair Berg

The Markets Strike Back: Why Trump’s Economic Fantasies Keep Crashing into Reality

Trump may have won the election, but he’s losing the markets. In just 100 days, Wall Street has erased nearly $6 trillion in global equity value, according to Bloomberg data cited in The Guardian. The S&P 500 has logged one of its worst openings to a presidential term since the Nixon years. And fund managers—the real-world referees of economic confidence—are sending a message Congress seems unwilling to deliver: enough.

While Trump’s second term has been marked by a tsunami of executive orders, tariff threats, and regulatory purges, the financial markets are refusing to play along. From panicked sell-offs to jittery consumer sentiment and retreating business investment, U.S. capital is staging its own quiet rebellion. Consumer confidence has dropped to its lowest level since 2020, with Americans’ outlook on jobs, income, and business conditions sinking to a 13-year low, according to The Conference Board.

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Business professional watching stocks go down.
Getty Images, Bartolome Ozonas

The White House Is Booming, the Boardroom Is Panicking

The Confidence Collapse

Consumer confidence is plummeting—and that was before the latest Wall Street selloffs.

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