CNBC Breakdown: Small Businesses Hit Hard

-- On the Show:

-- Donald Trump presides over a reported loss of 32,000 private sector jobs as Fox Business downplays the ADP data while small businesses show stress tied to tariffs

-- Economists explain that higher wages, stronger services, and denser job markets drive higher prices in Democratic states, while lower costs in Republican states track weaker growth and fewer public investments

-- Gallup reports Donald Trump at 36 percent approval with historic lows among independents and Republicans as policy issue ratings also weaken

-- Steve Bannon openly claims Donald Trump will seek a third term and frames it as a planned strategy that challenges constitutional limits

-- Labor data show losses across manufacturing, transportation, and warehousing as economists cite tariffs, immigration limits, and weak investment for accelerating blue-collar job declines

-- Conservative media elevates political loyalty over independence by branding Pete Hegseth, JD Vance, and Stephen Miller as masculine icons

-- Kayleigh McEnany misleads on inflation by claiming Donald Trump cut rates from nine percent to three percent while the data show the decline happened under Joe Biden

-- Costco sues Donald Trump for tariff refunds as multiple corporations join the challenge and the Supreme Court weighs the legality of billions in trade penalties

-- On the Bonus Show: Jamie Raskin launches an investigation into Trump's 60 Minutes interview, video resurfaces of Pete Hegseth telling the troops not to follow illegal orders, and much more...

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(00:00) Start (01:40) Trump presides over 32,000 job loss (08:56) Red vs blue state costs explained (18:09) Trump approval hits historic lows (24:47) Bannon floats Trump third term (33:09) Blue-collar job declines accelerate (42:35) MAGA alpha male culture exposed (51:05) McEnany misleads on inflation (57:28) Costco sues Trump over tariffs