Reference News Network July 20 report, the Bloomberg News website on July 19 published an article titled "Trump's Political Ambitions Face a Triple Blow from the Epstein Case, the Federal Reserve and Health Issues", the article excerpts as follows:

For US President Donald Trump, his political career once benefited from voters' dissatisfaction with Washington elites, the health condition of his predecessor, and the dynamics of Wall Street wealth. But in the past week, his luck has turned around.

The Wall Street Journal reported that Trump sent a birthday letter with suggestive implications to the disreputable financier Jeffrey Epstein. Although the president denied it, his efforts to distance himself from the Epstein-related scandal ended in failure.

Moreover, the White House was forced to disclose, for the first time, that Trump's health condition is not perfect. In addition, Trump showed inconsistency regarding the position of Federal Reserve Chair Jerome Powell. He first hinted to lawmakers that he would try to fire Powell, but later abandoned the idea due to concerns about market backlash.

Now, Trump is preparing for a high-profile visit to the UK next week, but he seems somewhat vulnerable.

Trump had hoped to achieve many accomplishments during his so-called "victory week," including the passage of his landmark tax cut plan at the beginning of this month, approval of this week's spending reduction plan, the release of a series of positive economic data, the signing of a stablecoin bill, and the implementation of an aggressive tariff agenda.

However, despite the president often appearing unstoppable, forcing opposing institutions, countries, and political opponents to submit to him, his "armor" suddenly developed some cracks.

This weekend, Trump angrily posted on social media and sued one of his main allies in the media, Rupert Murdoch, as well as Dow Jones and News Corporation, accusing them of defamation.

The Wall Street Journal reported on July 17 that Trump had prepared a birthday card for Epstein's 50th anniversary. The president claimed the letter was "forged" and said the report was "false, malicious, and defamatory."

Nevertheless, this report further inflamed an already volatile situation, especially among Trump's supporters. Previously, the Department of Justice stated that there was no evidence that Epstein had extorted political figures or held a list of clients. This conclusion contradicted the promises of several of the president's senior aides, who had assured that they would reveal many new details about the case. Many of Trump's supporters believe that this case is clear evidence of the existence of the so-called "deep state."

Trump has repeatedly tried to calm down the storm, but so far all have failed.

Earlier this month, he angrily asked a reporter: "Are you still talking about Epstein? Are people still talking about this guy, this pervert? It's incredible."

This week, he ignored the questions from his supporters, calling those who worried about the Epstein incident "cowards" and saying, "I don't want their support anymore!"

Previously, inciting conspiracy theories about Epstein and Democrats being involved was a powerful political tool for Trump, but now it has backfired. His supporters are disappointed because they had hoped that the Trump administration would reveal the details, but now they feel that the government might be covering up. (Translated by Yang Ke)

Original: https://www.toutiao.com/article/7529156014122222118/

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