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The first existential crisis of Donald Trump's second term is upon us. Hooters, the iconic casual dining chain best known for its decades-long commitment to male camaraderie and female empowerment, is reportedly on the verge of filing for bankruptcy. The storied franchise has been struggling to overcome financial difficulties such as mounting debt and declining foot traffic at its nearly 300 locations across the United States, and recently engaged a law firm to explore a potential Chapter 11 filing, though no final decision has been made. The future of American prosperity is at stake.
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