Impact of Red Card on Team

President Trump and his family made more than a billion dollars last year, much of it from crypto. His enormous earnings are raising a lot of questions about possible conflicts of interest. The White House says there's nothing wrong with it. I'm Am Martinez. That is Michelle Martin, and this is a first from NPR News. Democratic socialists gaining momentum after primary wins in New York and Colorado, Republicans are betting they can paint the whole party as to extreme, which could be a challenge for Democrats eyeing midterm races. Can they tap into that deemocratic socialist energy without the label? And the US men are through to the World Cups round of sixteenth. They beat Bosnia Herzegovina, although they had to play a man down for their first knockout win in twenty four years their top scorer is suspended for the next game. 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Each week, Liz Anne, Colin, and their guests analyze economic developments and bring context to conversations around stocks fixed income, the economy, and more Download the latest episode and subscribe at schwab dot com slash on investing or wherever you get your podcasts President Trump's financial disclosures show that the president and his family took in more than one billion dollars through cryptocurrency sales and other business ventures. The report released this week shows the crypto earnings sharply outpaced Trump's real estate businesses, which had already made the president a wealthy man They also raise questions about possible conflicts of interest. And Peres, Linda Kenyan is with us this morning. Welcome, Linda. Glad to have you with us. Thank you. goodood morning. Now that we've had some time to dig into this nine hundred twenty seven page financial disclosure document, what exactly are we learning about the crypto earnings for the president and his family? Well, we're learning a lot. The twenty twenty five report, which was filed with the Office of Government Ethhics showhows currency venture World Liberty Financial which was co founded by Trump and his family members, took in more than five hundred million dollars In addition, the sale of Trump's souvenir type meme coins took in more than six hundred million The official version of those meme coins with Trump's face stamped on it was launched just days before he took his second term inauguration Other income included more than fifty million doars from settlements with media companies, millions from selling Trump branded Bibles, sneakers, watches. Those watches with the Trump imprint, brought in more than four point seven million dollars all by themselves And that's all separate from the president's overseas real estate ventures Many of them with countries that have been negotiating with the U.S. on tariffs and military aid and several other issues. What's the White House saying Well, the White House has released a statement that denies any conflict of interest. spokesperson Anna Kelly said, quote Neither the president nor his family has ever engaged or will ever engage in conflicts of interest She also applauds the president for making the US, as she put it, the crypto capital of the world through executive actions President Trump himself also answered reporters who asked about his earnings when he was leaving for the Dakotas yesterday at Joint base Andrews. We have funds that run my money e Well, I've made a lot of money before I became president. and they invest my money and I don't talk to them. I I don't even speak to them. So I have Many people, I don't know what they call closed accounts or something, you put your money in And that's said. I don't talk to them. They're big institutions. And they run it. That's not unlike the response that White House press Secretary Caroline Levitt gave when she was asked about Trump's meeting with top investors in his meme coin, a meeting that took place in May of twenty twenty five. The president is abiding by all conflict of interest laws that are applicable to the president. And I think everybody, the American public believe it's absurd for anyone to insinuate that this president is profiting off of the presidency Trump on Wednesday said he's also earning more because the stock market is doing well, saying everybody is profiting. So the White House and the president deny any conflict or abuse of the office. I have to note that even some of the president's traditional supporters, some of the podcasters, for example, are raising questions about this. But what about other people? Are there other critics of this? Yes, absolutely. Democrats have a lot to say. For example, California Senator Adam Schiff suggested The president has made more money in the first year of his term than in the rest of his life combined And Congressman Jason Crow called the president's crypto earnings another example of what he termed grift and corruption Colorado Democrat also pointed out that Trump on Wednesday was taking his first flight on a brand new Air Force one, a gift from a foreign government ter valued at more than four hundred million dollars and will stay in the Trump realm when he leaves office The White House says the aircraft will be a donation to Trump's presidential library. That's in heres Linda Kenyant, Linda, Thankk you. Thank you Democratic socialists have scored some high profile victories over the last few days. And in the view of many Republicans, that should be a warning sign for voters, hereere's President Trump on Wednesday We're not gonna let communists get in our way. We're not gonna let anyone get in our way, notot the come. Not the communists For Democrats, these kinds of attacks come as no surprise, but they still pose a challenge for the party as they look ahead to this year's midterms in a path back to the majority in Congress. And if our political reporter, Elena Moore has been keeping an eye on all this and is with us. Now good morning, Elena Good morning Michelle. So we saw Democratic socialists win big victories in New York City last week and then again this week in Denver. How are they doing it Well It's a mix of things. Democrats have struggled to coalesce around a clear post twenty twenty four message, but many of these successful campaigns endorsed by the Democratic Socialists of America or DSA, do have a core message, one that's centered around economic populism and rejecting the political status quo. They're also not shying away from more polarizing issues abolishing Iice and an end to US. military aid in Israel. And taken together, it's a platform that appears to be energizing people, at least in these super blue areas. What did that look like in Denver To back up real quick, the DSA is not a registered political party. It's a membership group. So that's why these candidates are running in the Democratic Party primary. And that's what Millat Kirros did in Denver. She's a twenty nine year old first time candidate who unseated longtime Democrat Diana De Gette. And make no mistake, De Gette is seen as a progressive on Capitol Hill, but she's also been there since nineteen ninety seven, the year Kirros was born Kirros campaigned as an anti establishment candidate, calling for a new type of politics. And like many leftist candidates this year, she tried to differentiate herself by vocally rejecting money from corporate pCs and pro Israel lobbying groups and criticizing her opponent for taking those same kinds of donations in the past. Can you talk about the drawbacks other Democrats see in these DSA victories. Wellile, several of these candidates are going from activist to politician, and skeptics are wasting no time highlighting at least one of these candidates' past comments disparaging Democrats. Some Democrats are hesitant to associate with DSA, saying it could complicate their message and toss up races where control of Congress will ultimately be decided. Matt Bennett with the Centrist Think tank thirird wayay argued that Republicans will paint any Democrat as a Democratic socialist in hopes that it will make them seem too extreme. Of course, it's possible to run as a left leaning populist without adopting the maximalism of the extremes But it is very hard for Democrats now to distinguish themselves. What did the Democratic socialists say to that I talked to Claire Villez about it. She's one of two candidates for Congress who won in New York last week. She argues this is not a radical movement We're seeing it not just in New York City, but really around the country that there's broad consensus around the need to recenter wororking class you know, Americans in our politics and really fight to make sure that the Democratic Party is leading on these issues. So with all that said, what's the calculus for Democrats as they look ahead to November Well, candidates who don't want to be associated with DSA are going to try to strike a balance tapping into some of that same messaging without the DSA label. And that's not going to stop the GOP from framing people as extreme. But given how frustrated folks are with politics right now, I'll be watching to see if voters are more willing to look past those kind of attacks. That's NPRs, Elena more, Elena, thank you Thanks, Michelle . Okay, now a two nothing win may not sound like much of a nail biter, but last night in the FIFA World Cup, the US men's national team looked like it might be on the ropes before pulling out a win against Bosnia Herzegovina. It's the first time in almost a quarter century that the United States has won a game in the World Cup knockout stage. NPR sports correspondent Becky Sullivan was there Hopefully she's gotten her heart rate back down. Now she's joining us on the line from San Jose California. G morning, Becky Good morning, Michelle. I mean, what a game How big a win is this? Unbelievable. Yeah. I mean, this was a wild ride. It's a huge win, Michelle because I mean, just being there, the US had to work and work and work to get that first goal to go up one to zero just before halfftime. And then there's striker Falarn Balligan who is this like the newest big star of this team made this disastrous mistake in the second half. He got his legs tangled up with a Bosnian defender. He stepped on the defender's ankle. It went to a video review and it was deemed a red card meaning He was out for the game. of course, and the US. was forced to play down a man for the remainder of the games, which was like twenty five minutes plus stoppage time. And I don't think any fan in the stadium was confident at all in that point in a US win. Bosnia was of course only down one. anything could have happened. and they pulled it off for the biggest win for the US men's national team in a good long time. Okay, so tell us about the win was this hero moment in the second half When the US went up Nil tell us about. Yeah, exactly. Yeah. so they were playing shorthanded They're down a guy, but this yellow card on a Bosnian defender gave the U.S. this golden opportunity a free kick Fr near the top of the penalty area and up steps midfielder Malik Tilman. He couldn't have hit a prettier shot just right over the wall of defenders and into the net. He is just one of the best most skilled players on the team and yet. He is also just one of the quietest, most understated, one of the most soft spoken people I think I've ever met. Sometimes you even struggle to hear him when he's just speaking to a small crowd of us reporters And here is how he put it after the game. I'm a different type of person on the pitch. Of course maybe you don't really see my emotions, but if you score a goal like this, I mean I think also you guys saw my emotions. and Now it's a great feeling and f course a very proud moment for me Yes, you could hear quite he is there. He was born in Germany. his mom is German. his dad was in the American Armed Forces. He's American. And so Maliink is just one of these dual nationals. the U.S., of course, is very happy to have on the team right now Be when you can score a shorortthanded goal like that, Michelle, there is nothing that takes the wind out of the sils faster for an opponent in a game like that Okay, but this red card ight Yes It is a big deal. Yeahah. unfortunately, it's a big deal because Valligan has become a huge centerpiece of this team in the World Cup. So far. he has played three games. He had three goals, which is already tied for the second most all time by any American man in a single W worldld Cup He's not the type of guy who picks up a lot of yellow and red cards. This is his first ever red card for the national team. So sitting out is going to be a big deal here is his teammate Christian Pisic after the game. It's disappointing.ike I understand it's, you know a dangerous act in a way, but like if he's just trying to put his foot on the ground, if it wasn't high on his leg, it's just so unfortunate You can just like really hear the disappointment in his voice. I mean, Palisic is exactly the guy, by the way who benefits from Beeligan being on the field because Valagan is good. It takes away some of the pressure from Polisk, who has long been the biggest star of the US men's national team. now. the opponent next week, Belgium will get to focus more of that attention on Christian Pisick. So for people who don't know the game that well yet That means that Baligan is out for the next match, which is against Belgium. So what else are we going to see there?