Good morning Capitalists

Everything is looking Big and Beautiful in America today as the White House announces a game changing missile defense system for America (that believe it or not, our enemies don’t like), no taxes on tips becomes a welcomed bipartisan success and the market prepares for liftoff amid trade deal momentum and tax cuts.

And by the way: PolitiBrawl Newstand has evolved into The Capitalist! Financial news and politics for the Golden Age of America

Let’s break it down for you:

China worried Trump’s Golden Dome will turn outer space into “a warzone”

President Trump’s pushing for a $125 billion missile defense system to shield the U.S. from attacks, with $25 billion already lined up to get this ambitious project rolling before he leaves office.

• China’s not thrilled: China’s Foreign Minister Mao Ning says Golden Dome is too aggressive and could spark a space arms race, which sounds a bit ironic given their own growing arsenal of space weapons.

  "The project will heighten the risk of turning space into a war zone and creating a space arms race, and shake the international security and arms control system," Mao said. "We urge the U.S. to give up developing and deploying global anti-missile system."

• The U.S. is just protecting itself: While China claims the U.S. is obsessed with space dominance, America’s really just responding to threats like China’s anti-satellite tech and their “mind-boggling” advances in tracking U.S. satellites.

• Russia’s open to talking, which is cool: Unlike China’s complaints, Russia sees Golden Dome as a chance to restart arms control talks, showing the U.S. might be onto something that could actually stabilize things globally.

Republicans and Democrats work together to deliver big Trump campaign promise

The Senate just passed the No Taxes On Tips Act, a bipartisan move led by Sen. Ted Cruz and Sen. Jacky Rosen, making tips tax-free under federal income tax—fulfilling a key Trump campaign promise from 2024.

• It’s all about helping hard-working Americans: This “commonsense” law, as Cruz calls it, is set to give real relief to service workers, especially in places like Nevada, and it’s likely to become law either on its own or as part of a bigger House tax package.

• No objections, just teamwork: In a rare show of unity, no senator objected when Rosen pushed for the bill’s passage, proving both parties can come together to support everyday folks in the service industry.

Trump Econ Director Predicts “Liftoff”

The White House’s economic director, Kevin Hassett, is super optimistic about a major economic boost coming our way, thanks to new trade deals and tax cuts. This could mean more jobs, stronger businesses, and a brighter financial future for a lot of us.

• Economic “Liftoff” Predicted: Kevin Hassett, National Economic Council Director, forecasts a significant economic surge as trade deals and tax cut clarity come into focus, potentially sparking a “golden age” for the U.S. economy.

• Trade Deals on the Horizon: Hassett expects multiple trade agreements to materialize, reducing uncertainty and encouraging businesses to ramp up investments and operations.

• Tax Cuts to Fuel Growth: Upcoming clarity on extending or expanding tax cuts, like those from Trump’s 2017 Tax Cuts and Jobs Act, is anticipated to boost business confidence and economic activity.

• Strong Job Numbers: Even amidst current uncertainties, the U.S. is seeing robust job growth, with first-quarter capital equipment investment hitting over 20 percent, one of the best quarters ever.

• Moody’s Downgrade Dismissed: Hassett brushed off Moody’s recent U.S. credit rating downgrade, calling it “backward-looking” and emphasizing forward-looking policies like spending cuts and deregulation.

Bannon wants CEOs perp walked for hiring illegal immigrants

Former Trump advisor Steve Bannon called for aggressive ICE raids on businesses and public arrests of CEOs who knowingly hire illegal workers, saying it’s time to hit corporate America where it hurts, during an episode of his show “War room.”

• He’s fired up about stopping the “magnet”: Bannon argues that illegal hiring is what draws immigrants, and he wants tougher laws like E-Verify and Sarbanes-Oxley-style rules to hold executives accountable with warnings and serious penalties by the third strike.

  “I keep saying this is why I’d like to see more ICE raids, Kristi Noem, at businesses. And let’s perp walk out a couple of CEOs and COOs that know that they’re hiring these people illegally,” Bannon said. “That’s the magnet. If you want to stop it, you got to stop it. You give people fair warning. You can’t do this. The legislation they put in after the meltdown of the stock market back in the early 2000s from the internet stocks, Sarbanes-Oxley, I think it is, they put Sarbanes-Oxley in.”

• Texas is his example of what’s wrong: Bannon slammed policies like in-state tuition for illegal immigrants in Texas, urging Republicans to pass laws giving sheriffs and ICE more power to team up and shut down illegal hiring practices.

MAGA Savings Account are 401k’s for newborns

President Trump’s latest budget bill, dubbed the “big, beautiful bill,” is making waves with a cool new idea called MAGA savings accounts—think of it like a 401K for your newborn! It’s a big deal because it could help families get a head start on saving for their kids’ future, from college to buying a home, all while making tax season a bit friendlier.

• The bill introduces a pilot program for “MAGA” savings accounts, allowing parents and relatives to contribute up to $5,000 per year in after-tax dollars for a child, starting at birth.

• Tax-Free Growth: These accounts grow tax-free, and kids can access up to the full balance at age 25, with complete access by age 30 for any purpose, like buying a house or starting a business.

• Child Tax Credit Boost: The bill bumps up the child tax credit to $2,500 per child, putting more money back in parents’ pockets to support growing families.

Crypto Comes To Washington (And Starts Spending In Senate Races)

• The cryptocurrency industry is flexing its muscles in the 2026 Senate races, becoming a major player in shaping Congress. With millions spent in recent elections, crypto groups like Stand with Crypto are backing candidates in key states like Georgia, Maine, and North Carolina. They’re also pushing for bipartisan laws like the STABLE and GENIUS Acts to regulate digital assets. This matters because their influence could sway tight races, deciding who controls the Senate.