Morning Announcements

Tuesday, March 4th, 2025 - Trump halts Ukraine aid; Markets tank; Social Security at risk; Trump's "Crypto Strategic Reserve"


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Today’s Headlines: Trump has halted new weapons sales to Ukraine and may freeze existing shipments. Social Security benefits could be disrupted within 30–90 days due to DOGE-related issues, with thousands of employees already laid off. Meanwhile, Trump announced a Crypto Strategic Reserve to buy Bitcoin and other cryptocurrencies, briefly boosting prices after a major market drop. The Dow fell 650 points as new tariffs on Mexico, Canada, and China took effect. Former WWE exec Linda McMahon was confirmed as Education Secretary, tasked with dismantling the department. FBI NY chief James Dennehy resigned under pressure after clashing with the DOJ over January 6th cases. Tonight, Trump delivers his joint address to Congress, outlining his agenda. Meanwhile, Pope Francis’ health has worsened after two episodes of acute respiratory failure.

Resources/Articles mentioned in this episode:

  • WSJ: U.S. Pauses All Military Aid to Ukraine
  • CNBC: Social Security has never missed a payment. DOGE actions threaten 'interruption of benefits,' ex-agency head says
  • Mashable: Trump attempts to bail out his wealthy cryptocurrency backers with 'U.S. crypto reserve' 
  • AP News: Trump says 25% tariffs on Mexican and Canadian imports will start Tuesday, with 'no room' for delay
  • AP News: Senate confirms McMahon to lead Education Department as Trump pushes to shut it down
  • CNN Politics: Trump’s speech to Congress will be an explanation of his fast-paced first days in office 
  • AP News: Head of FBI New York office says he's retired from the bureau after being ordered to do so
  • WA Post: Pope Francis back on ventilator after respiratory failure

  • Morning Announcements is produced by Sami Sage alongside Bridget Schwartz and edited by Grace Hernandez-Johnson

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