Michael Waltz, National Security Advisor
2025-05-01 · Reassigned
Removed following the Signal chat leak on Yemen strikes; nominated as UN Ambassador. Reuters source
Tracking the Trump Presidency
Following developments and economic signals of the second Trump presidency (2025–). First Term Chronicle (2017–2021): lies, corruption, economy, DOJ, Israel →
Abuse of power, self-dealing & constitutional conflicts
Track self-dealing, election-overturn efforts, $7.6B grant cuts in Democratic states, news-sourced abuse-of-power articles, ICE detention, pardon marketplace, TDS and First Amendment hypocrisy, and court delay tactics.
Need the full picture from 2017–2021?
The First Term Chronicle groups static pages on corruption and ethics, economy and markets, officials fired for disagreeing, personal attorneys, DOJ pressure, shifting public statements, and Israel policy, including Adelson casino-media ties and how Israeli coverage often framed Trump as "good for Israel."
Short link: first-term-trump-legacy.pages.dev
Data sources
Static bundled reference data, Market Data (Q2 2025–Q1 2026), Bankruptcy Stats (Jan 2026), Foreign Travel (Jan 2026), Current Events (Apr 2025). First-term event data: Historic Markets (2017–2021).
Who has left the second-term cabinet or senior staff?
Notable departures include National Security Advisor Michael Waltz (reassigned May 2025 after Signalgate), Deputy NSA Alex Wong (fired), AG nominee Matt Gaetz (withdrawn), and NSA/CYBERCOM chief Gen. Timothy Haugh (fired Apr 2025).
Matt Gaetz, Attorney General (nominee)
2024-11-21 · Withdrawn
Withdrew amid House Ethics investigation and lack of Senate votes. BBC source
Gen. Timothy Haugh, NSA / Cyber Command
2025-04-03 · Fired
Dismissed with deputy after loyalty purge reports. Washington Post source
How did markets perform from Q2 2025 through Q1 2026?
Quarter-end levels for the Dow Jones Industrial Average, U.S. Dollar Index (DXY), and 10-year Treasury yield track the second Trump term through tariff rollout, deficit headlines, and manufacturing uncertainty. All figures are plain-text quarter-end snapshots, no client-side charts or APIs.
Sources: S&P Dow Jones Indices (Dow), ICE (DXY), FRED DGS10 (10-year yield). First-term event-level data: Historic Markets (2017–2021).
| Quarter | Dow (close) | QoQ change | DXY | QoQ change | 10Y yield | QoQ (bp) | Notable context |
|---|---|---|---|---|---|---|---|
| Q2 2025 (Jun 30) | 41,650 | −0.8% | 105.4 | +1.3% | 4.32% | −8 | Early tariff executive orders; cabinet confirmations |
| Q3 2025 (Sep 30) | 42,890 | +3.0% | 104.1 | −1.2% | 4.18% | −14 | Mid-year equity rally; tariff implementation digest |
| Q4 2025 (Dec 31) | 41,980 | −2.1% | 106.2 | +2.0% | 4.45% | +27 | Record goods trade deficit headlines; yields rise |
| Q1 2026 (Mar 31) | 43,120 | +2.7% | 105.0 | −1.1% | 4.38% | −7 | Tariff anniversary coverage; mixed GDP/trade data |
How many U.S. bankruptcy filings occurred in 2025?
Total 2025 filings reached 565,759, up 11.2% vs 508,953 in 2024. Consumer cases drove most of the increase amid elevated rates, card debt above $1.2T, and post-pandemic normalization.
Total 2025 filings
565,759
+11.2% vs 2024
Consumer filings
533,949
+12%
Chapter 7
332,706
+15%
Commercial Ch. 11
7,940
+1%
| Year | Total | Consumer | Commercial |
|---|---|---|---|
| 2019 (pre-COVID) | 757,816 | 718,651 | 39,165 |
| 2020 | 544,463 | 517,082 | 27,381 |
| 2024 | 508,953 | 478,752 | 30,201 |
| 2025 | 565,759 | 533,949 | 31,810 |
What are recent headlines on the second administration?
Sample curated reporting covers cabinet picks, tariff policy, and Federal Reserve caution during the 2025 transition. Links point to original outlets.
-
2025-04-08 · Bloomberg
Trump taps Howard Lutnick as Commerce SecretaryBillionaire executive selected to lead Commerce amid aggressive tariff and deregulation agenda.
-
2025-04-05 · Bloomberg
Tariff threats worry economists and alliesProposed increases on Chinese and European imports raise inflation and supply-chain concerns.
How has inbound U.S. travel changed since 2025?
International visitor volumes trended down year-over-year through late 2025 while global tourism spending elsewhere rose. Canada and UK arrivals showed double-digit declines in some months; Japan and Dominican Republic were exceptions with gains.
| Region | YoY change | Visitors (Dec est.) |
|---|---|---|
| Canada | -11.9% | 2.4M |
| United Kingdom | -5.6% | 1.6M |
| Japan | +8.9% | 0.9M |
| United States (total inbound trend) | -6% | ~68M annualized |
Global comparison: France ~105M visitors (+4%), Spain ~96M (+6%), U.S. ~68M (-6%). Global tourism spending hit $11.7 trillion while U.S. inbound softened.