OPINION: This article may contain commentary which reflects the author's opinion.
President-elect Donald Trump announced on Monday a $100 billion investment in the United States by SoftBank.
Speaking from Mar-a-Lago, the 47th president spoke alongside SoftBank Group CEO Masayoshi Son, where they announced SoftBank’s plans to invest $100 billion in the United States over the next four years.
Masayoshi Son said his “confidence level” in the US economy has “tremendously increased with [Trump’s] victory,” adding, “Because of that – I am committing $100 billion and 100,000 jobs into the United States. This is double of last time… because President Trump is a double-down president.”
Trump said the investment was evidence of “monumental confidence in America’s future.” He playfully encouraged Son to invest $200 billion. Son chuckled and said that he would try.
Trump called Son “one of the most accomplished business leaders of our time.”
“The $100 billion pledge, made at a flag-bedecked event at Trump’s Mar-a-Lago club in Palm Beach, Florida, fits in with Trump’s vow to bolster the U.S. economy and reduce the impact of inflation on Americans during his second term, which begins on Jan. 20,” Reuters reported.
WATCH:
TRUMP EFFECT 🇺🇸🇺🇸
Japan’s SoftBank’s CEO pledges $100 billion — and 100,000 jobs — to U.S. for Trump’s second term. pic.twitter.com/q1aeKE0ckg
— Martin Walsh (@martinwalsh__) December 16, 2024
Trump dominated headlines over the weekend.
On Sunday, George Stephanopoulos and ABC News were ordered to pay a hefty fine to Trump and apologize to him.
The incident that caused that fine and apology occurred when the anchor had a contentious interview in March with South Carolina Republican Rep. Nancy Mace, where he accused the president-elect of being a “rapist.”
“You’ve endorsed Donald Trump for president. Judges and two separate juries have found him liable for rape and for defaming the victim of that rape. How do you square your endorsement of Donald Trump with the testimony we just saw?” he said to the representative after playing a clip of her talking about her assault.
“Well, I will tell you. I was raped at the age of 16, and any rape victim will tell you- I’ve lived for 30 years with an incredible amount of shame over being raped. I didn’t come forward because of that judgment and shame that I felt, and it’s a shame that you will never feel, George. And I’m not going to sit here on your show and be asked a question meant to shame me about another potential rape victim. I’m not going to do that,” the representative said.
“It’s actually not about shaming you, it’s a question about Donald Trump…,” the anchor said.
“No, you are shaming me,” she hit back.
“You’ve endorsed Donald Trump for president,” the anchor said.
“Right,” Mace confirmed.
“Donald Trump has been found liable for rape by a jury. Donald Trump has been found liable for defaming the victim of that rape by a jury. It’s been affirmed by a judge. It repeated the…,” the anchor pressed before she shredded him.
“It was not a criminal court case, number one. Number two, I live with shame, and you’re asking me a question about my political choices trying to shame me as a rape victim and find it disgusting,” she said.
“And quite frankly, E. Jean Carroll’s comments when she did get the judgment, joking about what she was going to buy, it doesn’t — it makes it harder for women to come forward when they make a mockery out of rape. When they joke about it. It’s not- it’s not OK,” Mace added.
The president-elect sued for defamation after the interview and on Saturday the parties came to a settlement agreement that includes ABC News and Stephanopoulos paying a whopping $15 million fine as a charitable contribution to a “Presidential foundation and museum to be established by or for Plaintiff, as Presidents of the United States of America have established in the past.”
They will also pay $1 million to cover the president-elect’s attorney’s fees.
ABC News also had to issue a statement of “regret” along with the story and video of the interview that were published on March 10, 2024.
“ABC News and George Stephanopoulos regret statements regarding President Donald J. Trump made during an interview by George Stephanopoulos with Rep. Nancy Mace on ABC’s This Week on March 10, 2024,” it said.
“We are pleased that the parties have reached an agreement to dismiss the lawsuit on the terms in the court filing,” the spokesperson said to Fox News.
When the president-elect first filed the lawsuit, Stephanopoulos was cocky and defiant when he spoke to CBS late-night host Stephen Colbert and said that he wouldn’t be “cowed out of doing my job because of a threat.”
“Trump sued me because I used the word ‘rape,’ even though a judge said that’s in fact what did happen. We filed a motion to dismiss,” he said.
