Following a Thursday afternoon visit to the White House Netflix CEO Ted Sarandos announced he was withdrawing his bid to take control over Warner-Discovery, clearing the way for Larry Ellison’s bid to succeed.

Larry Ellison and a group of financial investors now position Paramount Skydance to win control over Warner-Discovery. CNN insiders are reported to be apoplectic considering that Larry and David Ellison will now likely downsize the media group and change directions.

MEDIA – […] The development will likely see the storied Hollywood studio and a group of TV properties that includes CNN fall into the hands of Paramount, reshaping US media.

Without a Netflix counteroffer, the Warner Bros. Discovery board is now free to terminate its agreement with the streaming giant and proceed with Paramount.

The sweetened offer, made Monday, was the latest installment of a bidding war that has drawn White House attention, with President Donald Trump insisting he had a say in the outcome.

The revised Paramount offer included a purchase price of $31.00 per share in cash, a one-dollar increase from its earlier bid, which valued the company at around $108 billion.

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Many people were befuddled when I shared the statement that FBI Director Kash Patel really needs to get his arms around his FBI agency quickly, because operatives inside the FBI are currently working to attack other cabinet level national security and intelligence officials. One of those examples is outlined in this interview by Kristi Noem.

DHS Secretary Kristi Noem notes how officials within the government (I’m specifically citing the FBI as the origin) have worked to conduct surveillance on her team, planted spyware on her devices and monitor the activity within the Dept of Homeland Security.

Watch this interview with DHS Secretary Noem and you will get a more comprehensive understanding of what her and all the other National Security officials (DNI, NCTC, DHS, ICE, FEMA, etc.) are having to deal with. WATCH:

Patrick Bet-David sits down with DHS Secretary Kristi Noem to discuss her claim that “they spied on me,” the discovery of a secret DHS file room, the fallout surrounding El Mencho and cartel operations, and efforts to identify and remove alleged deep state actors inside the Department of Homeland Security.

TIME STAMPS:
00:00 – Show intro
04:54. – South Dakota Governor Journey
13:20 – China Threat Rising
18:09 – DHS Files & Spy Concerns

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Yesterday the alarming story surfaced of Biden-era FBI officials working for Jack Smith conducting phone record surveillance on Kash Patel and Susie Wiles in 2022 and 2023 when Donald Trump was organizing his second term candidacy.

Beyond the initial element of subpoenas for Patel and Wiles phone records was an alarming assertion made inside the Reuters report stating:

“[…] In 2023, the FBI recorded a phone call between Wiles and her attorney, according to two FBI officials. Wiles’ attorney was aware that the call was being recorded, and consented to it, but Susie Wiles was not.” (source)

That statement is shocking on many levels.  There is no legal mechanism for the FBI to gain wiretap authority to record a phone conversation between a lawyer and his client.  Every legal cannon that underpins the American legal system forbids such an intrusion.

Any lawyer who would consent to his client being recorded by the FBI while keeping the client unaware would be disbarred and lose their license.

No judge or legal authority would even consider approving a warrant for such a wiretap, and inside the judiciary any of the content from such a violative breech would be immediately nullified in any capacity.

Reporting by Marc Caputo of Vice News now reflects the lawyer categorically denying being aware of his conversation with Susie Wiles being intercepted or recorded.  “The lawyer representing Susie Wiles at the time of this incident categorically denies he allowed his client to be recorded by the FBI w/out her consent.  I understand she believes him & that the Biden-era FBI may have lied about it.  Here’s what the lawyer told me: “If I ever pulled a stunt like that I wouldn’t – and shouldn’t – have a license to practice law. I’m as shocked as Susie.” (source)

As the story now rests. If the FBI does indeed have a recording of a private phone call between Susie Wiles and her attorney, the recording itself could have only come from an illegal wiretap by rogue elements of the FBI working in coordination with Jack Smith.  No judge would ever approve of such a violative action.

If such a recording and wiretap does factually exist, Jack Smith and the top elements of the former DOJ (Merrick Garland and Lisa Monaco) together with FBI leadership Director Christopher Wray, now have a lot to answer to.  Again, that is if the predicate claim is factual; if a recording of such an intercept does factually exist.

This is certainly a story to watch closely and see who exactly is asking the right questions to get the right answers.

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The summary of the story basically circles back to that NSA/CIA whistleblower intercept they previously were using to attack DNI Tulsi Gabbard.  Now that the whistleblower’s lawyer (same lawyer as last CIA whistleblower, Ciaramella) has leaked the subject of the conversation was Jared Kushner the democrats really want to know the details.

Two foreign nationals (unknown countries) were discussing the U.S. position toward Iran. In their conversation they talked about Jared Kushner. Their conversation was intercepted by NSA/CIA using an “exceptionally sensitive surveillance method.”  The intercept was written, evaluated and determined to be “gossip” but given to the ODNI, Gabbard.

The whistleblower was upset the intercept was not shared with the larger intelligence apparatus. Thus, they were angry at Gabbard.  The ODNI followed the distribution for the whistleblower complaint, but not the underlying intercepted details of the conversation.

The White House has now asserted “executive privilege” over the content of the intercept, thereby bolstering the position of not sharing what was previously determined to be gossip.  The DNI was asked for the details, and Gabbard has told the Democrats the White House has asserted privilege.  The House and Senate Intelligence committee democrats are now big mad they don’t get to read the gossip.

(VIA WSJ) – WASHINGTON—The Trump administration told Congress it won’t share with lawmakers the classified intelligence that led to a whistleblower complaint against U.S. spy chief Tulsi Gabbard, citing presidential claims of executive privilege.

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According to media reports and statements from FBI Director Kash Patel, both Patel and Susie Wiles had their telephone records subpoenaed by the FBI in 2022 and 2023 when both were private citizens. This is during the time when Donald Trump was being investigated by Special Counsel Jack Smith.

Within the reporting by Reuters, at least one phone call between Susie Wiles and her attorney was recorded by the FBI without her knowledge. As the story is outlined Wiles’ attorney was working with the FBI and knew the conversation was being captured, Wiles did not.

FBI Director Kash Patel has reportedly fired 10 FBI agents who were involved in the process of reviewing and intercepting communications as part of their work on the Jack Smith case. Internal FBI offices are not happy with Patel’s action against those officials.

(REUTERS) – The FBI subpoenaed records of phone calls made by Kash Patel and Susie Wiles, now the FBI director and White House Chief of Staff, when they were both private citizens in 2022 and 2023 during the federal probe of Donald Trump, Patel told Reuters on Wednesday.

Reuters is the first to report on the FBI’s actions that took place during the Biden administration, largely when Special Counsel Jack Smith was investigating whether Trump had interfered with the 2020 election and had hidden classified documents at Mar-a-Lago, according to Patel. Smith was appointed to take over that probe in November 2022.

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The Supreme Court tariff ruling has created the need for U.S. Trade Representative Jamieson Greer and U.S. Commerce Secretary Howard Lutnick to modify the baseline tariff approach with the approvals of President Trump.

The baseline tariffs are being reset to 10% with upward adjustment to 15% as planned.  The reciprocal tariffs will not require any substantive modifications as most of the Free Trade Agreements have been cemented with reciprocity tariffs as part of the negotiated deals.

USTR Greer appears on Bloomberg to clarify the current situation and provide some information as to the transitional baseline tariffs as now modified. Additionally, and importantly, Greer begins discussing the USMCA review and his acceptance that President Trump is openly questioning the value for us. Greer notes Mexico and Canada being used as import hubs to avoid tariffs is a big issue. WATCH:

Section 232 [Steel and Aluminum examples] of the Trade Expansion Act of 1962 (19 U.S.C. §1862, as amended) authorizes the President to impose trade restrictions—such as a tariff or quota—if the Secretary of Commerce determines, following an investigation, that imports of a good “threaten to impair” U.S. national security. {SOURCE}

Section 301 tariffs are a trade enforcement mechanism established under the Trade Act of 1974. They allow the U.S. government to impose tariffs on imports from countries that are found to be engaging in unfair trade practices. The Office of the United States Trade Representative (USTR) conducts investigations to determine if a country is violating trade agreements, and if so, it can impose tariffs as a corrective measure {SOURCE}

Section 122 of the Trade Act of 1974 allows the U.S. president to impose tariffs of up to 15% to address “large and serious” balance-of-payments deficits. This authority can be exercised without prior congressional approval for a limited duration of 150 days. After this period, any tariffs must be extended by Congress. {SOURCE}

*FYI, there is a lot of distracting noise in the various social media platforms about internecine MAGA battles and ego-driven points of specific interest.  CTH chooses to focus energy and attention on the substantive policy issues that will generate substantive policy outcomes for America.

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A win for President Trump and the Dept of Homeland Security.  The DC Court of Appeals has ruled against the plaintiff argument seeking to block the IRS (Treasury Secretary Bessent) from sharing cross-reference information with the Dept of Homeland Security (Secretary Noem).

Bottom line, the IRS can share data with DHS to identify status of illegal aliens.

“The only issue that we decide is whether, on the sparse record before us, Appellants have met their heavy burden to make a clear showing that they are entitled to the preliminary injunctive relief sought. For the reasons indicated, we conclude that Appellants have not.”

[SEE Ruling Here]

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I guess we can put this in the open admission file surrounding the all-out effort by the European Union to defeat Hungarian Prime Minister Viktor Orban.

According to a leaked document received by Reuters, the European Union is scheduled to permanently ban all EU nations from importing Russian oil.  They have scheduled the ban to trigger on April 15th, three days after the Hungarian election.

BRUSSELS, Feb 24 (Reuters) – The European Commission will submit a legal proposal to permanently ban Russian oil imports on April 15, three days after Hungary’s parliamentary election, according to EU officials and a document seen by Reuters.

Two EU officials told Reuters the timing was designed to prevent the oil ban becoming a major factor in Hungary’s election campaign. Hungary and Slovakia, still reliant on Russian oil imports, are strongly opposed to any ban.

In the April 12 election, Hungarian Prime Minister Viktor Orban and his nationalist Fidesz party are facing the biggest challenge to their hold on power in 16 years.

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The Ukraine military, technically and non-pretendingly accepted as the EU military, has targeted a key oil pumping station in Russia that feeds into the westerly directed oil supply.  However, if you stand back from the western media, what you will notice from this attack is not the target in Russia, but the customers at the end of the pipeline in Europe, mainly Hungary and Slovakia.

[…] Through local stations, including infrastructure around Kaleykino, oil from Tatarstan and neighboring regions feeds into the main pipeline, which runs through the Samara region and continues westward toward Belarus and further to countries in Eastern and Central Europe. […] There were also earlier reports that Ukrainian forces carried out several attacks on Druzhba pipeline infrastructure inside Russia, which at times disrupted Russian oil supplies to Hungary and Slovakia. {source}

So, what’s going on here?

Well, with the anniversary of the Russian Federation beginning the war into Ukraine, the Europeans who now control the military operations inside Ukraine are targeting European countries who do not align with their bloodlust, specifically Hungary and Slovakia.

Both Hungary and Slovakia are land locked countries without easy access seaports. Because of their geographic locations, they rely on Russian oil and gas for their energy needs.  Hungary and Slovakia have not wanted to expand the war against Russia.  The EU is demanding Hungary and Slovakia agree to expanded war.

The European ‘coalition of the willing’ is now targeting key Russian infrastructure that supplies energy products to European countries who are not in compliance with the EU dictates of war.

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The highest court in Panama has nulled the ‘Chinese’ contract for the operation of both entrance ports on the Panama Canal.  The Panamanian government took back control and assigned operations to APM Terminals, a subsidiary of the Danish group A.P. Moller-Maersk.

The state takeover comes after a 14-month long saga begun by President Trump who reasserted American interests in the hemisphere and rejected the concept of allowing China to have strategic control over such vital North American infrastructure.

President Trump did not mince words in December of 2024 when he said, “[The Panama Canal] was not given for the benefit of others, but merely as a token of cooperation with us and Panama,” Trump concluded. “If the principles, both moral and legal, of this magnanimous gesture of giving are not followed, then we will demand that the Panama Canal be returned to us, in full, and without question.”  Marco Rubio was then dispatched as an intermediary in Feb 2025.

Then, last month, Panama’s Supreme Court struck down the law approving the concession contract for Panama Ports Company, a subsidiary of CK Hutchison (China/Hong Kong). The court ruling also invalidated an extension granted in 2021, stripping the port operations of any current legal standing.  Now, Panama has taken over.

(MSM) – The government of Panama has seized control of two ports on either end of the Panama Canal from a Hong Kong conglomerate following a recent ruling by the country’s Supreme Court.

Hong Kong’s CK Hutchison said on Tuesday that Panama’s government had “made direct physical entry into the terminals at Balboa and Cristobal” and assumed “administrative and operational control” over the two ports on the Panama Canal.

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