← Back to all briefings

Trump, Buffett, FAA, Ohio Tragedy, Measles & the Kentucky Derby

May 4, 2025

Table of Contents

Key Updates

Trump Designates Haitian Gangs FTOs Amidst Broader Policy Push

The Trump administration has officially designated two Haitian gangs, Viv Ansanm and Gran Grif, as foreign terrorist organizations (FTOs). Acting National Security Advisor Marco Rubio announced the move, which significantly escalates the US stance towards Haiti's spiraling security crisis. This designation unlocks various tools – sanctions, travel bans, legal actions – aimed at crippling the gangs' operations and finances. It's a muscular move, fitting the pattern of Trump's first 100 days back in office, which have been marked by decisive, if often controversial, actions across multiple fronts.

This Haiti designation lands alongside other reported initiatives: planned staffing cuts at the CIA and other intelligence agencies (details still fuzzy, but aligns with past rhetoric about the 'deep state'), continued friction with Mexico after President Claudia Sheinbaum politely declined Trump's offer of US troops to fight cartels ("Thanks, but no thanks" seems to be the gist), and legal skirmishes like the Department of Justice defying a court order to unseal documents in the NYC Mayor Eric Adams corruption case. Domestically, Texas Governor Greg Abbott signed a $1 billion school choice bill, fulfilling a major conservative policy goal. It paints a picture of an administration moving quickly on its priorities, testing boundaries with international partners and domestic institutions alike.

Analytical Take: Designating Haitian gangs as FTOs is less about Haiti itself and more about projecting strength and taking decisive action, a hallmark of the administration. It provides a framework for potential future intervention, though the appetite for boots on the ground remains questionable. The pushback from Mexico and the legal defiance by the DOJ highlight the persistent checks on executive ambition, both external and internal. Expect these tensions – international friction, institutional battles, and bold policy strokes – to continue defining this second term. The intel agency cuts, if they materialize significantly, could have long-term impacts on US intelligence gathering capabilities, potentially creating blind spots down the road.

Buffett Announces Exit, Taps Successor, and Takes a Swipe at Tariffs

The Oracle of Omaha is finally calling it a day. Warren Buffett announced at the Berkshire Hathaway annual shareholder meeting that he will step down as CEO at the end of 2025, after a remarkable 60-year run. His long-designated successor, Greg Abel, currently vice chairman of non-insurance operations, will take the helm. The move wasn't exactly a shock – Abel was named heir apparent back in 2021 – but the definitive timeline marks the end of an unparalleled era in American business.

Beyond the succession news, Buffett, never one to shy away from an opinion, used the platform to criticize former President Trump's use of tariffs as a "weapon." Coming from arguably the world's most respected long-term investor, that's a significant shot across the bow, signaling unease in the traditional business establishment about potential trade disruptions. For Berkshire, the transition to Abel is expected to be smooth, emphasizing continuity and the company's established decentralized model. Still, replacing a legend is never simple.

Analytical Take: Buffett's departure is seismic, even if long-anticipated. Abel's challenge isn't just running the company, but maintaining the unique Berkshire culture and the investor confidence synonymous with Buffett. The stability message is crucial. Buffett's tariff comments are pointed; he rarely engages in direct political critique unless he sees a fundamental economic risk. It reflects a broader concern among multinational businesses about the potential return of aggressive protectionism and its impact on global supply chains and profitability. Expect Abel to maintain the course, but the Buffett premium – that intangible trust factor – will inevitably be tested.

FAA Woes Ground Flights at Newark, Pointing to Systemic Strain

Travelers flying through Newark Liberty International Airport (EWR) are having a rough time, facing significant delays and cancellations. The culprit? A cocktail of FAA technology failures and staffing shortages, particularly hitting the Philadelphia TRACON (Terminal Radar Approach Control) facility which, ironically, manages Newark's airspace. The situation got bad enough that United Airlines, Newark's dominant carrier, is preemptively cutting 35 daily round-trip flights starting this weekend just to cope.

Transportation Secretary Sean Duffy acknowledged the mess, announcing plans to overhaul the antiquated air traffic control system. The catch? It's a multi-year project. So, while a fix is supposedly in the works, passengers and airlines are stuck dealing with the fallout right now. The specific tech failures and the extent of the staffing issues (reports mentioned walk-offs, but details are thin) remain somewhat opaque.

Analytical Take: This isn't just a Newark problem; it's a flashing red light for the US air traffic control system. Years of underinvestment and staffing challenges are catching up, manifesting at critical nodes like the Philadelphia TRACON. United's proactive cuts underscore the severity – airlines don't ground planes lightly. Secretary Duffy's long-term fix sounds nice, but offers zero short-term relief. Expect continued disruptions, not just at Newark, but potentially other major hubs relying on stressed FAA facilities. This highlights a critical infrastructure vulnerability that impacts commerce, travel, and public patience. Don't be surprised if this becomes a bigger political football regarding infrastructure spending and government competence.

Tragedy in Ohio: Deputy Killed in Apparent Retaliation After Police Shooting

A deeply disturbing sequence of events unfolded in Ohio. On Thursday, Cincinnati police fatally shot 18-year-old Ryan Hinton, alleging he was armed and fleeing from a stolen vehicle. The very next day, Ryan Hinton's father, Rodney Hinton Jr., allegedly intentionally struck and killed a Hamilton County Sheriff's deputy with his car near the University of Cincinnati. The deputy was reportedly directing traffic at the time.

Prosecutors have charged Rodney Hinton Jr. with aggravated murder, suggesting premeditation, while his defense points to the immense emotional distress following his son's death. The incident has, understandably, sent shockwaves through the community. Details are still emerging, including contested points about whether Ryan Hinton actually pointed a gun at officers and the specifics of the bodycam footage shown to the family. The identity of the slain deputy has not yet been released.

Analytical Take: This is a tragic escalation born from another tragedy. Regardless of the specifics of the initial police shooting (which invariably raise questions about use of force), the alleged retaliatory killing of a law enforcement officer represents a dangerous breakdown. It fuels cycles of grief, anger, and mistrust between communities and police. The legal case against Rodney Hinton Jr. will be highly charged, balancing alleged intent against profound personal trauma. This incident will likely intensify debates around police accountability, officer safety, and the potential for violence when community-police relations fray.

As Conclave Nears, Trump Inserts Himself into Papal Succession Buzz

Just days before Cardinals gather in Rome for the conclave to elect a successor to Pope Francis (who died April 21st), Donald Trump decided to weigh in... sort of. He posted an AI-generated image of himself depicted as the Pope on Truth Social. The post, predictably, generated a storm of reactions, from amusement to condemnation. This follows yesterday's reporting on the developing papal succession dynamics, where figures like Cardinal Pietro Parolin are seen as frontrunners.

The timing is classic Trump – inserting himself into a major global event guaranteed to draw eyeballs. While likely just another bid for attention, it occurs against the backdrop of real-world Vatican politics and the upcoming gathering on May 7th. It’s unlikely the Cardinals are checking Truth Social for guidance, but it certainly adds a layer of modern absurdity to the ancient ritual.

Analytical Take: This is quintessential Trump playbook: hijack the narrative, generate buzz, and keep himself at the center of attention, even on topics far removed from US policy. Posting the Pope image right before the conclave is calculated to maximize media pickup. While it has zero bearing on the actual papal election (where serious theological and geopolitical considerations are at play), it serves Trump's domestic political purposes by energizing his base and irritating his opponents. It’s a reminder of his unique ability to blend politics, culture war, and spectacle. The actual conclave remains a significant event to watch for the future direction of the Catholic Church.

Measles Makes an Unwelcome Comeback in North America

While political dramas unfold, a serious public health issue is bubbling up: a significant measles outbreak across North America, particularly in the US, where cases have topped 930. This is alarming because measles was declared eliminated in the US back in 2000, thanks to widespread vaccination achieving herd immunity. The resurgence points to declining vaccination rates, potentially eroding that hard-won protection.

The reasons for the decline in vaccinations are likely complex, involving factors like vaccine hesitancy, misinformation, and potentially pandemic-related disruptions to routine healthcare. Regardless of the cause, the effect is clear: a highly contagious, and potentially dangerous, preventable disease is spreading again.

Analytical Take: This is a worrying trend with potentially severe consequences. Losing herd immunity for measles doesn't just affect the unvaccinated; it puts vulnerable populations (infants, immunocompromised individuals) at risk. Rebuilding trust in vaccines and addressing the root causes of declining uptake is a critical public health challenge. Expect more focus on vaccination campaigns and potentially tougher debates around mandates or school requirements if the trend continues. This is a stark reminder that public health gains are fragile and require constant vigilance.

Noteworthy Items

Kentucky Derby: Sovereignty Wins Amidst Rain and Baffert's Return

In classic Derby fashion, the "Run for the Roses" delivered some drama. Sovereignty, ridden by Junior Alvarado and trained by William Mott, splashed through a wet track at Churchill Downs to win the 151st Kentucky Derby. Pre-race favorite Journalism finished second. The race also marked the return of controversial trainer Bob Baffert after a three-year suspension related to a failed drug test by a previous Derby winner. Despite the soggy conditions, the event drew its usual celebrity crowd and reportedly set wagering records. A reminder that people will bet on almost anything, rain or shine.

Shedeur Sanders' Draft Slide Raises Eyebrows

From Heisman hopeful to fifth-round pick – Shedeur Sanders' tumble in the NFL Draft to the Cleveland Browns (144th overall) has tongues wagging. The University of Colorado QB, son of Deion Sanders, was projected much higher. Reports suggest concerns about his attitude, commitment, and perhaps a less-than-stellar pre-draft interview process contributed to the drop. ESPN analysts like Rece Davis hinted at these issues, while others like Mel Kiper Jr. defended Sanders. Hall of Famer Warren Moon even offered public advice on professionalism. It's a tough lesson that talent alone isn't always enough at the next level; perception matters.

Trump, Buffett, FAA, Ohio Tragedy, Measles & the Kentucky Derby | The Updates