The Trump Dump Is Starting; Get Out of Stocks Now?

You're still in stocks...Are you nuts?! Yes, I fully expect the Trump presidency will be the best time to get rich in American history...With 12,000% gains available soon. But, I'm not talking about stocks, nor bitcoin. Over the next 12 months, a modest $900 investment...Could grow to a life-changing $108,000.

DOGE Cuts To FTC Sow Confusion In Case Against Amazon

Erica Kollmann
March 13, 2025

The Federal Trade Commission on Wednesday requested a delay in its trial against Amazon.com, Inc. (NASDAQ:AMZN), citing resource constraints due to recent cuts by the Department of Government Efficiency.

Later in the day, the FTC reversed its stance and said it would meet the schedule set by the court. 

The Details: FTC attorney Jonathan Cohen originally told U.S. District Judge John Chun that the agency is facing a “dire resource situation.” He blamed cost-cutting measures implemented by the Trump administration.

Read More:  

Cohen explained, “We have lost employees in the agency, in our division and on our case team." 

The staffing shortage is partly due to a voluntary resignation offer in January, plus other departures, he said. A government hiring freeze, preventing the replacement of these positions, exacerbated the shortage.

Amazon attorney John Hueston opposed rescheduling and said staff turnover is common in all cases, “DOGE or no DOGE,” referring to Elon Musk’s Department of Government Efficiency.

Judge Chun questioned the likelihood of improvement in two months and Cohen admitted, “I cannot guarantee that things won’t be even worse,” but argued that a delay would alleviate some strain on the attorneys.

What Else: Later in the day, Cohen changed course and said he was wrong about the lack of resources, according to Reuters.

“The Commission does not have resource constraints and we are fully prepared to litigate this case. Please be assured that the FTC will meet whatever schedule and deadlines the court sets,” Cohen said in a statement addressed to Chun.

FTC Chairman Andrew Ferguson reiterated the agency’s readiness and commitment to the case.

“I have made it clear since Day One that we will commit the resources necessary for this case. The Trump-Vance FTC will never back down from taking on Big Tech,” Ferguson said, per Reuters. 

Why It Matters: The FTC filed its case against Amazon in 2023. Amazon allegedly used deceptive practices to trick consumers into enrolling in automatically renewing Prime subscriptions.

Cohen described it as a significant case involving “the world’s largest subscription program” with claims worth at least $1 billion.

Amazon has denied any wrongdoing in the case. 

Read Next: 

  • Uncertainty Rocks The Trump Trade: How ‘MAGA Seven’ Stocks Look Now

Image: Shutterstock 

Continue Reading...

Popular

'Horrific Report': Economists Warn Consumer Confidence Collapse Signals Economic Trouble

U of Michigan consumer confidence survey shows rapid decrease amid high inflation expectations, economists warn of bad omen for US economy.

Asian shares decline despite rebound on Wall St as investors await next steps in trade wars

BANGKOK (AP) — Asian shares were mostly lower on Thursday despite a rebound on Wall Street fueled by an on U.S. consumer prices.

Three New Patents Reveal Elon and Trump's Secret "Project America" - Ad

Three patents could help President Trump and Elon Musk completely revolutionize a $23 Trillion market. This revolution is about so much more than just self-driving cars. Instead, what Elon's pivoting Tesla towards... Is a market that's 1,000X BIGGER. But a project THIS big can't stay under the radar for long...

Critics warn staff cuts at federal agencies overseeing US dams could put public safety at risk

COULEE DAM, Wash. (AP) — Trump administration workforce cuts at federal agencies overseeing U.S. dams are threatening their ability to provide reliable electricity, supply farmers with water and protect communities from floods, employees and industry experts warn.

Apple's iPhone 17 Air to Usher in New Era of Slimmer, Portless Models

Apple is set to introduce a slimmer iPhone 17 Air model, marking a potential shift towards portless iPhones.

What should you be doing to "AI-Proof" your retirement? - Ad

AI is creeping into every aspect of our daily lives... According to billion-dollar fund manager Louis Navellier, it's never been more important to AI-proof your wealth. He lays out three simple steps to take ASAP in his new video.

South Africa plans to spend more on health and defense after the US cuts aid

JOHANNESBURG (AP) — Lawmakers in South Africa laid out plans to shore up the budgets for health and defense but also put up value added tax by 0.5%, a move that will raise the cost of living as consumers pay more for goods, including food, and services.

Mohamed El-Erian Says 'Fed Put' Optimism Rises As Inflation Cools - But 'Trump Put' Hopes Are Shaken

U.S. markets rallied on Wednesday after February's inflation report came in softer than anticipated, bolstering expectations for Federal Reserve rate cuts while investors reassess the economic impact of President Donald Trump administration's policies.

The Fort Knox Cover-up? What It Means for Gold - Ad

Trump and Musk are demanding answers: Is Fort Knox empty? If the gold is gone, supply collapses, and prices could skyrocket instantly. Right now, I've uncovered 5 major gold predictions that could make this Fort Knox moment even bigger than people realize. One of them is already unfolding--and the window to act is closing fast.

Edmunds: 2025 Honda CR-V vs. 2025 Subaru Forester

The is a redesigned model, but Subaru didn’t exactly stray from the formula of the last generation. It’s still a boxy small SUV with great visibility, adventure-ready versatility, and a no-nonsense approach to interior design. Its many upgrades for 2025 help keep it competitive, but how does it fare against the class best?

GameStop Stock Poised For A Rebound? This Analyst Predicts Potential Price Uptick

Ali Martinez, a prominent market analyst, recently tweeted about a potential price rebound for GameStop Corp. (NYSE:GME), citing a buy signal on the TD Sequential indicator.

Fed Wipes $2 Trillion With Secretive Move - Ad

$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being carried out by the Fed that has nothing to do with lowering or raising interest rates. According to Dan Ferris, you should consider moving money to a unique "escape" investment right away.

A Chinese shipyard completes a second submarine for ally Pakistan

TAIPEI, Taiwan (AP) — A Chinese shipyard has completed a second submarine for the Pakistan navy, further strengthening military

Trump Bombshell to Hit by April 30th? - Ad

According to Louis Navellier, the legendary investor who picked Nvidia before shares exploded as high as 3,423%... Before April 30th, President Trump could make a shocking AI announcement... Sending these stocks exploding higher.

NBA Legend Shaq's Walmart Shopping Spree Ends In Credit Card Decline - Here's How Much He Tried To Spend

Basketball superstar Shaquille O'Neal's impact goes beyond basketball, with his larger-than-life personality and smart investments. Yet, one of his most unforgettable moments happened at Walmart.

Universities are facing big cuts to research funding. At Duke, it's a time for 'damage control'

DURHAM, N.C. (AP) — Facing the potential loss of hundreds of millions of dollars in federal funding, Duke University is preparing for the worst.

Claim the "No.1 Coin of 2025" Before March 24th - Ad

After spotting 44 different coins that have returned over 100%...Chris Rowe is now exposing the details behind the "Superpower Coin"... that's partnered with 19 of the largest companies from some of the world's largest superpower nations... A little-known 3-cent coin that is poised to outperform Bitcoin in 2025... starting on March 24th.

Voice of America ending contracts with Associated Press, Reuters and Agence France Presse

The government agency that runs the Voice of America has moved to terminate contracts with The Associated Press, Reuters and Agence France-Presse, and told its journalists Friday to stop using material from the wire services.

Revealed: Trump's New Deal - Ad

Inside the President's covert plan to recapture forgotten U.S. territories, seize precious resources and spark a $20 trillion wealth wave. Stocks connected to Trump's New Deal are already surging -- discover the #1 investment to make before May 30.

TSMC Rides AI Wave: Sales Surge 39% In First 2 Months Of 2025 On Higher Demand

Taiwan Semiconductor Mfg. Co. Ltd. reported a 39.2% jump in its two-month revenue for January and February in 2025 as compared to last year.

Driverless 'bus of the future' is tested in Barcelona

BARCELONA, Spain (AP) — Commuters in downtown Barcelona have been able to ride the bus for free this week. There’s just one catch: this mini-bus has no one at the wheel.

AI + Smart Glass = A Nasdaq Sleeper - Ad

This recent Nasdaq IPO is quietly making waves, thanks to its 95% market share in a $240M aerospace niche. With patented technology that integrates AI into smart glass, this company is poised for massive growth as the market races toward $124 billion by 2029.

Schools use AI to monitor kids, hoping to prevent violence. Our investigation found security risks

One student asked a search engine, “Why does my boyfriend hit me?” Another threatened suicide in an email to an unrequited love. A gay teen opened up in an online diary about struggles with homophobic parents, writing they just wanted to be themselves.

Trump has begun another trade war. Here's a timeline of how we got here

NEW YORK (AP) — Long-threatened from U.S. President have plunged the country into a trade war abroad — all while on-again, off-again new levies continue to escalate uncertainty.

America's Uranium Crisis = A Massive Opportunity - Ad

Ninety percent of America's uranium is imported. With the US scrambling to rebuild domestic supply, Canadian uranium companies are in prime position. One small-cap stock could be set to benefit.

Apple's AR Glasses Approach Aside, Google Makes Its Move On Eye-Tracking Tech With $115 Million AdHawk Acquisition: Report

As Apple reportedly reconsiders its AR glasses strategy, Google is moving forward with a $115 million acquisition of eye-tracking startup AdHawk to bolster its next-gen smart glasses efforts.

Make room Starbucks and McDonald's. China's Mixue and other brands win fans in Southeast Asia

HONG KONG (AP) — Chinese food and beverage brands are gaining ground across Southeast Asia, offering alternatives to big name American chains and expanding Beijing’s commercial and cultural influence in neighboring economies.

The Gold Shift No One's Talking About - Yet - Ad

Massive gold shipments are quietly moving from London to the U.S.--no headlines, no explanations. Could a full-scale audit or a new gold-backed system be coming? Smart money isn't waiting. My gold strategy is already doubling physical gold's returns this year.

A river 'died' overnight in Zambia after an acidic waste spill at a Chinese-owned mine

KITWE, Zambia (AP) — Authorities and environmentalists fear the long-term impact of an acid spill at a mine that contaminated a major river and could potentially affect millions of people after signs of pollution were detected at least 100 kilometers (60 miles) downstream.

In his own words: Trump takes credit for stock market rises but casts aside blame for sell-off

WASHINGTON (AP) — President in recent days has dismissed and brushed aside the stock market sell-off, going so far as to say, “You can’t really watch the stock market." That's a new message from a leader who has frequently pointed to the market's ups and downs as a reflection of himself and his activities, even when he was not in power.

Trump Announces Revenge on Biden - Ad

A former CIA insider just made a stunning prediction: Trump's revenge on Biden will end America's energy crisis forever? Getting in on a Trump-endorsed new energy tech could potentially turn $4K into $106,000 in just 6-12 months.

Ford shows off a treasure trove of rarely seen vehicles to a select few at its Michigan headquarters

DEARBORN, Mich. (AP) — A select few are getting the chance to set their gaze on a slew of rarely seen Ford vehicles at the automaker's Michigan headquarters.

Alibaba Unveils New AI Chip To Power China's Open-Source Tech Push, Challenge US Chip Giants

Alibaba's new processor, XuanTie C930, boosts China's semiconductor industry by promoting open-source chips & AI acceleration, amid US sanctions.

13-Second Trump Video Could Trigger AI Shock - Ad

Louis Navellier, the legendary investor who picked Nvidia before shares exploded as high as 3,423%... Just released a video with this 13-second Trump clip about the current AI boom. Please, do NOT buy any AI stock before watching that clip. What President Trump said in that clip could have implications for this AI boom.

Elon Musk's SpaceX Successfully Catches Super Heavy Booster With 'Mechazilla,' But Starship Upper Stage Lost In Test Flight

SpaceX marked a significant advancement in rocket reusability on Mar. 7 when the launch tower successfully caught its Super Heavy booster during Starship's eighth test flight, though the mission ended with the loss of the Starship upper stage.

Just Released: Huge New A.I. Trade - Ad

While everyone's distracted by Nvidia, PLTR & Bitcoin, billionaires have been quietly loading up on this stock. And 99% of Americans have no clue. It could help make a fortune for fast-moving investors, who make their move before March 19.

What's Going On With SoundHound AI Stock Friday?

SoundHound shares are moving higher on Friday after the company announced it will participate in the 2025 Nvidia GPU Technology Conference.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service