Rep. Dingell: The Left and Right Agree GM Is 'the Worst Corporation in this Country'
*By Justin Chermol and Carlo Versano*
When General Motors announced a major restructuring that would result in mass layoffs and plant closures, the American automaker managed to do what few others have: unite the left and right in anger and disappointment.
Rep. Debbie Dingell (D-MI) represents a suburban Detroit district that will be affected by the reductions. She told Cheddar in an interview Wednesday that she was surprised by the timing, given that the auto industry is cyclical. Both Democrats and Republicans think "they are the worst corporation in this country."
"They have no fans right now," she said.
GM's newest strategy is twofold: the company is shrinking its sedan footprint in response to market conditions and consumer tastes, as well as investing in an electric, self-driving future it's terming "Zero Crashes, Zero Emissions, Zero Congestion."
Ford ($F), GM's main American rival, announced in April that it will scale about 90 percent of its auto production to trucks, utilities, and commercial vehicles by 2020. The company went on to explain that it would discontinue four of its sedan models and invest more in autonomous technology.
Back in June, in a cautionary note, GM [wrote](https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rJBrNbApznVU/v0) to the Department of Commerce, warning increased tariffs could lead to a "smaller GM."
Despite its foresight, GM didn't cite tariffs as a reason for the layoffs in its statement Monday. Instead, CEO Mary Barra said almost the opposite ー that the economy was so strong that it would be preferable to make changes now rather than trying to restructure during a slowdown. Automakers learned that lesson the hard way during the financial crisis.
Dingell said that while she indicated to President Trump that she would support a "NAFTA 2.0" trade bill, she has changed her mind in the wake of GM's restructuring.
"I will not support a trade bill that lets that company put any more jobs in Mexico," she said. "We need to keep those jobs here in the United States."
After the announcement, [President Trump](https://twitter.com/realDonaldTrump/status/1067494680416407552) and Prime Minister [Justin Trudeau](https://twitter.com/JustinTrudeau/status/1067082236686753792?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1067082236686753792&ref_url=https%3A%2F%2Fwww.cnn.com%2F2018%2F11%2F26%2Fbusiness%2Fgm-oshawa-plant%2Findex.html) both took to Twitter to call reductions in the U.S. and Canada a massive "disappointment." Since then, the two leaders have spoken on the phone to discuss the issue.
While pundits and industry analysts debate whether the era of the personally-owned car is coming to an end ー and perhaps where American automakers fall in the new mobility hierarchy ー the effects of GM's decisions will still weigh heavily on local communities that depend on it as the anchor business. And that, in turn, makes it a political issue for the president. President Trump dispatched his chief economic adviser Larry Kudlow to meet with Barra.
As for the future of the auto-industry, Rep. Dingell said she understands the harsh realities her constituents are facing: "It's no longer a car industry, its a mobility industry. And the mobility industry is changing."
"The model is going to change but you are still going to be building vehicles and there will be new jobs," she said.
James Comey's tell-all book is based on a "history of mistruths," the former FBI director has been spreading since he was fired, said Kayleigh McEnany, the Republican National Committee spokeswoman. The RNC has responded forcefully to the accusations in Comey's book, "A Higher Loyalty."
The two black men who were arrested at a Philadelphia Starbucks store have agreed to meet with its CEO Kevin Johnson at some point. After their arrest, protesters took to the streets and the #BoycottStarbucks hashtag has been trending on Twitter.
The Republicans have launched a heavy-handed campaign to discredit Comey, which will likely backfire, says Jack Crowe, news writer at the National Review. Meanwhile, Democrats aren't too pleased with Comey either. In Comey's first public interview since President Trump fired him last year, he told ABC that Trump is "morally unfit to be president."
The way that President Trump has treated law enforcement, particularly his firing of former FBI Director James Comey, is "extraordinarily damaging," says Rep. John Garamendi (D-CA). His comments come days before Comey is set to release his tell all book about the Trump administration.
On Friday, House Speaker Paul Ryan endorsed Majority Leader Kevin McCarthy to replace him after he retires in January. But "given the extraordinary fracture" within the Republican party, the Speaker job would be incredibly hard, says Rep. John Garamendi (D-CA).
After Facebook CEO Mark Zuckerberg's testimony on Capitol Hill this week, all eyes are on the kinds of regulation that may come for the tech industry. If Congress is serious about data protection, then questioning "Google is the next logical step," says Molly Wood, host of Marketplace Tech.
James Comey's new book "A Higher Loyalty" officially hits stores on Tuesday, but juicy details are already leaking out. The former FBI Director likens President Trump to a mob boss in the book. Trump criticized Comey on Twitter on Friday, calling him an "untruthful slime ball." Comey will do an interview this Sunday ahead of the book's release.
President Trump issued an executive order late Thursday night calling for a review of the U.S. Postal Service. The president wants a task force to look into the financial troubles facing the USPS. In recent weeks, Trump has criticized Amazon for contributing to the USPS's financial downfall. Even though Trump didn't specifically mention Amazon in the executive order, it's implied that he wants the task force to look into his claims against the tech giant.
And Cheddar CEO Jon Steinberg sits down with two-time NBA all-star Baron Davis to chat about his life as a tech investor. He's the founder of Sports and Lifestyle in Culture, or SLIC, a company that features and promotes original content from athletes.
Former FBI director James Comey is set to release his book "Higher Loyalty" on Tuesday. It could lead to more departures at the White House, says Kelly Macias, staff writer at the Daily Kos.
Meredith Kelly, the DCCC spokesperson, says the Speaker retired only after he pushed through a tax overhaul, which has been high on Ryan's agenda for the majority of his nearly two decade-long career. The bill, which Kelly claims "prioritized the very richest and the biggest corporations," was signed into law last year. Earlier this week, the CBO stated the bill could contribute to an increase in the deficit to about $1.85 trillion over the next year 10 years.
Michael Avenatti, the attorney for Stormy Daniels, says potential campaign finance violations could find their way to "the doorsteps of the White House."
