Adams’ public schedule said he’s in Palm Beach, Florida, where Trump’s Mar-a-Lago estate is located.
His spokesperson, Fabien Levy, said the two will discuss “New Yorkers’ priorities.”
“The mayor looks forward to having a productive conversation with the incoming president on how we can move our city and country forward,” Levy posted on X.
Tomorrow, Mayor Adams will sit down with President-elect Trump and discuss New Yorkers’ priorities. The mayor looks forward to having a productive conversation with the incoming president on how we can move our city and country forward.
Adams previously said he wants to work with the incoming Trump administration, especially on immigration and border security after his city has struggled to address an influx of migrants.
The mayor’s office said last week that more than 229,000 migrants have arrived in New York City seeking city services since the spring of 2022.
Trump calls Fetterman ‘impressive’ after meeting at Mar-a-Lago
President-elect Donald Trump met with Democratic Sen. John Fetterman, Pa., at Mar-a-Lago over the weekend of Jan. 11. In an interview with the Washington Examiner after the meeting, Trump called Fetterman a “fascinating” person, and said he was impressed with the Pennsylvania senator.
“It was a totally fascinating meeting. He’s a fascinating man, and his wife is lovely. They were both up, and I couldn’t be more impressed,” Trump told the Washington Examiner. “He’s a commonsense person. He’s not liberal or conservative. He’s just a commonsense person, which is beautiful.”
Trump met with Fetterman and his wife for an hour, discussing a range of topics, including U.S. Steel, support for Israel in the Israel-Hamas conflict, border security and the “geopolitical benefits” of Trump’s attempts to acquire Greenland.
Before flying to Florida for the meeting, Fetterman joked to reporters that he accepted Trump’s invitation so he could become the “Pope of Greenland.”
Later, Fetterman said in a statement, “President Trump invited me to meet, and I accepted. I’m the senator for all Pennsylvanians — not just Democrats in Pennsylvania. I’ve been clear that no one is my gatekeeper. I will meet with and have a conversation with anyone if it helps me deliver for Pennsylvania and the nation.”
Trump said his initial impression of Fetterman was that he was “very liberal,” but that changed after Fetterman publicly showed unwavering commitment to supporting Israel.
Since then, Fetterman has broken from fellow Democrats on issues like immigration, and has voiced support for some of Trump’s cabinet picks. He also became the first Senate Democrat to join Trump’s Truth Social platform after Trump won the election.
Most recently, Fetterman cosponsored the “Laken Riley Act” with Republican Sen. Katie Britt, Ala., urging his Democratic colleagues to pass the bill when it is considered for a possible vote this week.
Democratic Sen. Fetterman to discuss nominees in first meeting with Trump
Acknowledging that President-elect Donald Trump invited him and he accepted, Pennsylvania Sen. John Fetterman, D, has confirmed that he will travel to south Florida and meet with Trump at his Mar-a-Lago resort. It will be the first meeting between the incoming president and a sitting Democratic U.S. senator.
Trump won the key battleground state of Pennsylvania in the November election and its 19 electoral votes. During the campaign, Fetterman endorsed Kamala Harris, but acknowledged that Trump had momentum in his state and a connection to Pennsylvania voters, saying he could see the intensity and it was astonishing.
Most recently, Fetterman was the first Democrat to sponsor the Laken Riley Act, which stipulates that federal authorities detain immigrants charged with or convicted of such crimes as burglary, larceny, theft or shoplifting. The bill passed in the House and is now headed for the Senate.
In an interview on Fox News this week, the Democrat appeared to be open to Donald Trump’s desire to acquire Greenland and make it part of the United States. Fetterman said he would not favor taking Greenland by force, but said it’s worth having a conversation about acquiring or buying it.
During their upcoming meeting, President-elect Trump is expected to talk with Fetterman about nominees who need U.S. Senate confirmation, including Pete Hegseth for secretary of the Department of Defense.
US Department of Justice to release limited final report on Trump cases
The U.S. Department of Justice (DOJ) says it will release volume one of special counsel Jack Smith’s report on President-elect Donald Trump’s election interference case. However, the department said that it will withhold volume two of the report that focuses on Trump’s possession of classified documents at his Mar-a-Lago estate in Florida from the public for now.
The filing by the DOJ on Wednesday, Jan. 8, was issued to a federal appeals court that is weighing a request from Trump’s lawyers to block the release of Smith’s report.
Two of Trump’s former co-defendants face charges in the classified documents case, and requested emergency motions to block the release of the final report this week.
The DOJ said on Wednesday that it will now release just the first of two volumes focusing on Trump’s alleged efforts to overturn the results of the 2020 presidential election, while only allowing chairmen and ranking members of the U.S. House and Senate Judiciary Committees to privately review the classified documents report.
The Justice Department said that volume two will not be released as long as the classified documents case against Trump’s valet Walt Nauta and Mar-a-Lago property manager Carlos De Oliveira is ongoing. Filings also stated that the “limited disclosure” will protect “the defendants’ interests” while informing U.S. Congress and “the public regarding this significant matter.”
The DOJ also requested, in its filing, for the appeals court to throw out Cannon’s order blocking the release of any portion of Smith’s report. Unless vacated, the temporary injunction remains in effect until three days after the appeals court announces its decision.
If the appeals court grants the DOJ’s request, volume one may be released any time after the ruling.
Trump suggests using military, economic force to expand America
In a wide-ranging press conference from Mar-a-Lago on Tuesday, President-elect Donald Trump touched on a bunch of topics, including a $20 billion foreign investment to build data centers in the U.S. He also discussed plans to revoke Biden’s recent ban on offshore oil and natural gas drilling as well as expansion strategies for the United States.
Trump reiterated his goals of acquiring the Panama Canal, which has been under Panama’s sole control since 1999, and Greenland, a territory of Denmark.
Greenland ‘not for sale’
Trump’s son, Donald Trump Jr., is leading an American delegation currently in Greenland, though the country’s prime minister said he is there as “a private individual.”
The Prime Minister of Denmark Mette Frederiksen responded to Trump’s remarks Tuesday, saying Greenland was not for sale.
Greenlandic Prime Minister Múte Egede reiterated this point, saying “Greenland belongs to the Greenlanders. Our future and fight for independence is our business.”
A reporter asked the president-elect if he could assure that he would not use any military force to take control of either the Panama Canal or Greenland.
“I can’t assure you, you’re talking about Panama and Greenland,” Trump replied. “No, I can’t assure you on either of those two but, I can say this we need them for economic security. The Panama Canal was built for a military. I’m not going to commit to that now.”
In response to those remarks, the prime minister of Denmark called the United States its country’s “closest ally” and did not believe the U.S. would use any force to secure Greenland.
Panama’s foreign minister repeated earlier comments from the country’s president that the sovereignty of the Panama Canal is not negotiable.
Trump aims for Canada
Trump also said he is looking to turn Canada into the 51st state, but said in that case he would not use military force to do so.
There isn’t a snowball’s chance in hell that Canada would become part of the United States.
Workers and communities in both our countries benefit from being each other’s biggest trading and security partner.
“[I’d use] economic force because Canada and the United States — that would really be something,” he said. “You get rid of that artificially drawn line, and you take a look at what that looks like. It would also be much better for national security. Don’t forget, we basically protect Canada.”
Outgoing Canadian Prime Minister Justin Trudeau issued his response in a post on X saying, “There isn’t a snowball’s chance in hell that Canada would become part of the United States.”
Trump’s ‘Gulf of America?’
The president-elect also spoke of one more geographical goal of his in the upcoming term: to rename the Gulf of Mexico to the “Gulf of America,” saying it “has a beautiful ring to it.”
Not long after his remarks, Rep. Marjorie Taylor Greene, R-Ga., said she directed her staff to draft legislation for the name change.
Wildfires force thousands to evacuate Southern California
Three massive wildfires are burning out of control in Southern California, putting thousands of homes at risk. And President-elect Donald Trump shares his plans to acquire Greenland, the Panama Canal and bring Canada as the 51st state. These stories and more highlight your Unbiased Updates for Wednesday, Jan. 8, 2025.
Southern California wildfires force thousands to evacuate
Three separate wildfires are burning in the Los Angeles, California, area, and there is no end in sight, as strong winds are fueling the flames. The most extreme of the three is the Palisades Fire, which spans nearly 3,000 acres and has already forced 30,000 residents to evacuate.
Cities surrounding Pacific Palisades, including Malibu, issued evacuation orders. Officials there told all residents to prepare to leave their homes, whether they were under evacuation orders or not since the inferno was moving so quickly.
All hands are on deck to fight the #PalisadesFire in Southern California. California is deeply grateful for the brave firefighters & first responders battling the blaze.
We will continue to mobilize resources and support local communities as they respond to this severe weather. pic.twitter.com/JZrYy85e4z
The neighboring city of Santa Monica also issued an evacuation order for the northern part of the city. It also closed the area to the public, warning of an immediate threat to life.
As thousands of firefighters continue to battle the flames, authorities work to find the fire’s cause.
A second wildfire, dubbed the Eaton Fire, burns near Pasadena. A city spokeswoman said it has “created its own firestorm” with flying embers igniting at least a dozen other spot fires.
So far, the Eaton Fire has consumed about 1,000 acres. It engulfed homes and forced more than 100 people to evacuate from a nursing home — some in wheelchairs and on gurneys. A federal disaster declaration is now in effect for the Eaton Fire.
Crews are also battling the Hurst Fire about 100 acres in the San Fernando Valley, which is in the northern part of Los Angeles County. The Hurst Fire also prompted evacuation orders.
The Los Angeles County canceled schools in 19 districts Wednesday, Jan. 8. Plus, more than 200,000 people are without access to power, either because of the powerful Santa Ana winds or because a utility provider turned off electricity to prevent additional fires.
The forecast called for the winds to continue for days, producing gusts that could top 100 miles per hour in the mountains and foothills.
Biden administration asks federal appeals court to block 9/11 plea deals
The Biden administration asked a federal appeals court to block a plea agreement for accused 9/11 mastermind Khalid Sheikh Mohammed. The controversial deal would spare Mohammed from the death penalty for his role in planning the terror attacks on the World Trade Center and Pentagon on Sept. 11, 2001.
The deadly attack rocked the U.S. and began the war on terrorism.
In court filings Tuesday, Jan. 7, the Justice Department argued the government would be irreparably harmed if the guilty pleas were accepted for Mohammed and two co-defendants in the 9/11 attacks.
It said the government would be denied a chance for a public trial and the opportunity to “seek capital punishment against three men charged with a heinous act of mass murder that caused the death of thousands of people and shocked the nation and the world.”
The Defense Department negotiated and approved the plea deal but later revoked it.
However, attorneys for the defendants argued the deal was already legally in effect and that U.S. Defense Secretary Lloyd Austin, who began the administration’s efforts to throw it out, acted too late.
Mohammed is set to enter his guilty plea on Friday, Jan. 10, if the appeal is not granted. His co-defendants, accused of lesser roles in 9/11, are due to enter theirs next week.
Harris, Johnson deliver eulogies for President Jimmy Carter
The 39th president died last week at the age of 100.
Carter’s body had been lying in repose since Saturday, Jan. 5, at the Carter Presidential Center in Atlanta before being transported Tuesday morning to Washington D.C.
Vice President Kamala Harris and Republican House Speaker Mike Johnson each delivered a eulogy during Tuesday’s ceremony
“We all know that his care for humanity didn’t stop at building homes,” Johnson said. “In the face of illness, President Jimmy Carter brought lifesaving medicine. In the face of conflict, he brokered peace. In the face of discrimination, he reminded us that we are all made in the image of God. If you were to ask him why he did it all, he would likely point to his faith.”
Harris highlighted Carter’s faith. She said, “James Earl Carter, Jr. loved our country. He lived his faith. He served the people. And he left the world better than he found it.”
Carter’s body will lie in state through Thursday morning, Jan. 9, and then be taken to the National Cathedral for a state funeral. Biden is expected to deliver a eulogy.
Trump suggests using military, economic force to expand America
In a wide-ranging press conference from Mar-a-Lago on Tuesday, President-elect Donald Trump touched on a bunch of topics, including a $20 billion foreign investment to build data centers in the U.S. He also talked about his plans to revoke Biden’s recent ban on offshore oil and natural gas drilling as well as expansion strategies for the United States.
Trump reiterated his goals of acquiring the Panama Canal, which has been under Panama’s sole control since 1999, and Greenland, a territory of Denmark.
Trump’s son, Donald Trump Jr., is leading an American delegation currently in Greenland, though the country’s prime minister said he is there as “a private individual.”
The Prime Minister of Denmark Mette Frederiksen responded to Trump’s remarks Tuesday, saying Greenland was not for sale.
Greenlandic Prime Minister Múte Egede reiterated this point, saying “Greenland belongs to the Greenlanders. Our future and fight for independence is our business.”
A reporter asked the president-elect if he can assure that he would not use any military force to take control of either the Panama Canal or Greenland.
“I can’t assure you, you’re talking about Panama and Greenland,” Trump replied. “No, I can’t assure you on either of those two but, I can say this we need them for economic security. The Panama Canal was built for a military. I’m not going to commit to that now.”
In response to those remarks, the prime minister of Denmark called the United States its country’s “closest ally” and did not believe the U.S. would use any force to secure Greenland. Panama’s foreign minister repeated earlier comments from the country’s president that the sovereignty of the Panama Canal is not negotiable.
“[I’d use] economic force because Canada and the United States — that would really be something,” he said. “You get rid of that artificially drawn line, and you take a look at what that looks like. It would also be much better for national security. Don’t forget, we basically protect Canada.”
Outgoing Canadian Prime Minister Justin Trudeau issued his response in a post on X saying, “There isn’t a snowball’s chance in hell that Canada would become part of the United States.”The president-elect also spoke of one more geographical goal of his in the upcoming term: to rename the Gulf of Mexico the Gulf of America, saying it “has a beautiful ring to it.”
Not long after his remarks, Republican Rep. Marjorie Taylor Greene of Georgia said she directed her staff to begin drafting legislation for the name change.
Police: Former soldier used AI to plan Las Vegas Cybertruck explosion attack
New details are emerging about the man who blew up a Tesla Cybertruck outside Trump Hotel in Las Vegas on New Year’s Day. Las Vegas police said Tuesday the attacker used generative AI, including ChatGPT to plan the attack.
An investigation into former soldier Matthew Livelsberger, 37, found his search history on ChatGPT included questions about firearms and explosives. Straight Arrow News reporter Lauren Taylor has more details on the investigation into the Cybertruck explosion.
Girl Scout cookie season begins, 2 flavors discontinued
Girl Scout cookie season has arrived. The annual tradition is meant to teach young girls about entrepreneurial skills through selling boxes of cookies.
Almost everyone has a favorite, of course, but if yours is Girl Scout S’mores or Toast-Yay! Cookies — bad news. The Girl Scouts plan to retire those two flavors later this year.
The organization said discontinuing those two flavors may lead to something new and delicious.
Production underway on $40M Melania Trump documentary from Amazon
Amazon says filming is underway for a $40 million documentary chronicling the life of incoming first lady, Melania Trump. The documentary, due to stream on Prime Video in mid-2025, will reportedly offer an “unprecedented” perspective on her life.
The announcement follows a recent meeting between Amazon founder Jeff Bezos and President-elect Donald Trump at Trump’s Mar-a-Lago resort in Florida, which draws attention to their relationship.
Melania is set to serve as the executive producer of her own limited series and the documentary. Hollywood director Brett Ratner, known for the “Rush Hour” movies and Academy Award-winning “The Revenant,” will direct the projects.
Bezos, who also owns The Washington Post, has recently faced scrutiny in politics, such as when he halted the newspaper’s planned endorsement of Vice President Kamala Harris just days before the 2024 election.
Bezos said presidential endorsements can create a perception of bias and “do nothing to tip the scales of an election.”
Last week, The Post received additional criticism after a cartoonist resigned. The cartoonist claimed her sketch depicting Bezos and other wealthy figures paying tribute to a statue of Trump was rejected. She said she wanted to hold those in power accountable.
Bezos also made headlines last month for pledging a $1 million donation to Trump’s inaugural fund.
Neither the incoming first lady nor the president-elect have publicly commented on the project.
Italian PM denies SpaceX talks with Trump as nation nears €1.5 billion deal
Italian Prime Minister Giorgia Meloni denied talking with President-elect Donald Trump about SpaceX supplying the country with Starlink services over the weekend. The denial comes as reports indicate the nation is closing in on a €1.5 billion deal ($1.55 billion) for the private space company to provide secure telecommunications to the Italian government.
Meloni made an unannounced visit to the U.S. over the weekend, which resulted in a meeting on Saturday, Jan. 4, with the president-elect at his Mar-a-Lago resort.
Meloni, who has served as the Italian prime minister since 2022, posted on social media that she is “ready to work together” with Trump as he prepares to move back into the White House.
Elon Musk’s SpaceX is nearing a €1.5 billion deal with Italy to provide encrypted telecom equipment to the government, according to a report from Bloomberg, citing people familiar with the situation. Bloomberg’s report points out, “The negotiations appeared to move forward after Prime Minister Giorgia Meloni met with President-elect Donald Trump at Mar-a-Lago.”
Meloni and Musk have shared praise back and forth in recent weeks. The world’s wealthiest man became a close ally to the president-elect in the final months of the election and beyond.
“The prime minister’s office categorically denies, considering it ridiculous, that SpaceX was a topic during the meeting with U.S. President-elect Donald Trump,” her office said, according to Reuters.
“Contacts with SpaceX are part of regular discussions that state departments have with companies, in this instance those that provide protected connections such as data encryption,” the statement continued.
Ready to provide Italy the most secure and advanced connectivity!
For his part, Musk posted on X that SpaceX is “ready to provide Italy the most secure and advanced connectivity!”
No official details of the meetings were released, but Italy’s deputy prime minister shed some light on what was discussed.
“Well done Giorgia Meloni for visiting Donald Trump to talk about peace, industrial and commercial cooperation, security, and the freeing of Cecilia Sala,” Matteo Salvini posted on X.
Congress to certify Trump’s win; Biden issues warning to ‘not forget’ riots
Congress prepares to re-affirm President-elect Donald Trump as the next president of the United States on the fourth anniversary of the Jan. 6, 2021, Capitol riots. And after a weekend of blizzard-like conditions in the Plains and Midwest, a major winter storm aims for the East Coast. These stories and more highlight your Unbiased Updates for Monday, Jan. 6, 2025.
Congress to certify Trump’s win; Biden issues warning to ‘not forget’ Jan. 6 riots
Senators and members of the House of Representatives will gather to tally the electoral votes of all 50 states and Washington, D.C., confirming Trump will be the 47th president of the United States.
Speaking to Fox News on Sunday, Jan. 5, House Speaker Mike Johnson said a major winter storm heading toward the area would not prevent the congressional joint session from counting the electoral votes.
Monday’s joint session comes four years after the certification of votes affirming President Joe Biden’s 2020 victory. Biden’s certification turned into chaos when rioters stormed the Capitol, looking to prevent then-Vice President Mike Pence from presiding over the certification. Many rioters insisted the election was stolen from Trump.
This year, Vice President Kamala Harris will oversee the electoral count of the election she lost and declare Trump the winner. Harris already conceded the race to Trump after he won 312 electoral college votes, surpassing the 270 needed to win the presidency. Harris won 226 votes.
Following the 2021 Capitol attack, Congress passed the Electoral Count Reform Act of 2022. This act clarified that the vice president does not have the power to determine, accept, reject or adjudicate the vote results.
On Sunday, Biden spoke to new Democratic members of Congress about the events that unfolded in 2021 and the importance of the date.
“Tomorrow’s Jan. 6; we gather to certify the results of a free and fair presidential election and ensure a peaceful transfer of power,” Biden said. “It’s a day that [for] most of our history we took for granted, the sixth, but I hope we never take it for granted again.”
Biden wrote an op-ed in The Washington Post on Sunday. In it, he told Americans that while some may no longer want to mention what happened four years ago, it cannot be forgotten.
“We should be proud that our democracy withstood this assault. And we should be glad we will not see such a shameful attack again this year…” he wrote. “The election will be certified peacefully. I have invited the incoming president to the White House on the morning of Jan. 20, and I will be present for his inauguration that afternoon. But on this day, we cannot forget.”
Monday’s proceedings are the last official opportunity for any member of Congress to object to the electoral votes. Following the certification, Trump will be sworn into office on Jan. 20 for his second term. He vowed to pardon those convicted in connection with the Jan. 6 riots.
Biden signs Social Security Fairness Act into law
Biden signed the Social Security Fairness Act into law Sunday. It’s expected to be one of the last major pieces of legislation of his term.
Today, I signed legislation expanding Social Security benefits for millions of teachers, firefighters, nurses, police officers, other public employees, and their spouses and survivors.
The law repeals a rule that limited certain public sector job retirees who collect pensions — such as firefighters, teachers, postal workers and police officers — from also claiming social security benefits.
The new law also eliminates limits on the benefits that surviving spouses can receive after they die.
The Senate passed the bill in December after the House approved it in November with overwhelming bipartisan support.
Canadian Prime Minister Justin Trudeau to resign this week: Reports
Canadian Prime Minister Justin Trudeau is expected to announce his resignation as early as Monday, according to multiple news outlets. It comes as his party, the Liberal Party, is set to hold its national caucus meeting on Wednesday, Jan. 8.
Last month, Trudeau’s finance minister, Chrystia Freeland, publicly announced her resignation in a letter criticizing the prime minister. Since then, calls for his resignation have grown publicly and privately within his own party.
This is just the latest in a series of recent political struggles for the prime minister. In September, Trudeau faced a no-confidence vote in parliament, which later failed.
Trudeau and Trump have been locked in a public back-and-forth over tariffs with Trump threatening to put a 25% levy on Canadian imports.
Details emerge about New Orleans suspect’s actions in weeks before attack
More details emerged about the man authorities said killed 14 people and injured dozens more when he drove a rented truck into a crowd of revelers in New Orleans on New Year’s Day.
The FBI said Sunday the attacker, Shamsud-Din Jabbar, visited the city twice in the weeks leading up to the deadly act of terrorism and recorded video of the area using Meta Smart Glasses.
The glasses allow users to record video hands-free and can also livestream on Meta platforms. Investigators said Jabbar wore the glasses to capture video while he rode a bicycle through the city’s French Quarter. He reportedly wore the glasses during the attack on Bourbon Street but was not livestreaming.
Authorities also believe Jabbar set fire to a short-term rental house in New Orleans where investigators found bomb-making material. They said he planted two bombs in the French Quarter before the truck attack but neither detonated.
Jabbar was killed after opening fire on responding police officers.
Millions of Americans under blizzard alerts as winter storm moves east
A major winter storm will continue to move through the Mid-Atlantic region today, followed by dangerously cold temperatures spreading across the central and eastern U.S. pic.twitter.com/sogRlbC6Y9
Major cities like Washington, D.C., Baltimore and Philadelphia are preparing for snowy and icy conditions Monday and into Tuesday, Jan. 7. Meanwhile, parts of Virginia are expecting 5 to 12 inches of snow.
Impacts of this weather system could also be felt in the South, with severe thunderstorms capable of producing tornadoes and damaging winds expected to hit Arkansas, Louisiana, Mississippi, Alabama and other southern states Monday night.
2025 Golden Globes crown best in movies, television
The 2025 Golden Globes rolled out the red carpet Sunday night for the best and brightest stars of film and television — but only a select few walked away with awards.
In the movie categories, the big winners were the films “Emilia Pérez” and “The Brutalist.” “Emilia Pérez” won four awards, including best musical or comedy. “The Brutalist” took home best drama and two other awards.
Over on the TV side of things, “Shōgun” topped the competition with four awards, including Best TV Drama. “Hacks” won Best TV Series – Musical or Comedy.
It was an especially memorable night for actress Demi Moore, who won her first acting award. She won the Golden Globe for Best Performance by an Actress in a Motion Picture – Musical or Comedy for her role as an aging Hollywood star who undergoes a cloning procedure in “The Substance.”
Trump secures $100 billion investment in America from Japan’s SoftBank
President-elect Donald Trump has received a commitment from SoftBank Group to invest $100 billion in the U.S., creating 100,000 jobs. The deal, announced Monday, Dec. 16, doubles SoftBank’s funding promise following Trump’s first presidential victory in 2016.
SoftBank said the investment will create jobs in AI and other emerging technologies. It said the projects will be complete before the end of Trump’s second term.
“We’re going to go full prosperity and to build the greatest economy the world has ever seen, just as we had just a short time ago,” Trump said during an event at his Mar-a-Lago resort, flanked by SoftBank CEO Masayoshi Son.
Son touted his belief in the president-elect as he addressed the press.
“My confidence level [in] the economy of the United States has tremendously increased with his victory,” he said.
The connection between the Japan-based firm and Trump goes back to Trump’s first term. After Trump was elected in 2016, Son pledged to invest $50 billion in startups that would create 50,000 jobs. That investment ended up being closer to $75 billion, CNN reported.
“This is double of last time because I say, ‘Oh, President Trump is a double-down president, I’m going to have to double down,’ $100 billion and 100,000 jobs,” Son said.
Trump also jokingly asked Son to up SoftBank’s commitment to $200 billion. Son stuck with his promise for $100 billion but said he would try to make bigger investments happen.
“A gold rush of intelligence has arrived. The one who goes fastest will win,” Son said during SoftBank World 2024.
SoftBank only has $30 billion in cash on hand, according to the Journal. But the funds could come from new money raised by any number of sources, including SoftBank’s Vision Fund.
President-elect Trump has promised to push economic growth during his second tenure in the White House. Last week, he announced his administration will fast-track permitting for companies that invest over $1 billion in the nation.