President Donald Trump gave an impromptu with the New York Times Washington Correspondent Michael Schmidt at his Mar-A-Lago property Thursday. Alexander Heffner, Host of PBS' "The Open Mind," explains what this interview reveals about the relationship between Trump and the media.
"All forms of media will tank if I'm not there because without me, their ratings are going down the tubes," Trump told the NYTimes. Heffner says the report in the New York Times showcasing a thirty minute conversation with Trump amplifies the president's microphone.
"There is incest in every situation with Trump and the media," said Heffner. "There's incest when you want access." Schmidt reportedly crossed paths with Trump while he was meeting Newsmax founder Chris Ruddy at the Florida resort.
"We have to acknowledge--I think--on part of the media that its important that we use discretion, deliberation, precision in our reporting of this administration," says Heffner.
The White House budget office says mass firings of federal workers have started in an attempt to exert more pressure on Democratic lawmakers as the government shutdown continues.
President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested Friday he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. Trump says one of the policies the U.S. is calculating is "a massive increase of Tariffs on Chinese products coming into the United States." A monthslong calm on Wall Street was shattered, with U.S. stocks falling on the news. The Chinese Embassy in Washington hasn't responded to an Associated Press request for comment.
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed.
From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Department’s monthly jobs report.
The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now.
Rep. John Moolenaar has requested an urgent briefing from the White House after Trump supported a deal giving Americans a majority stake in TikTok.
