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.
These are the headlines you Need 2 Know for Wednesday, March 4, 2020.
Billionaire Mike Bloomberg has ended his bid for the Democratic presidential nomination and has endorsed Joe Biden.
A resurgent Joe Biden scored sweeping victories across the country with the backing of a diverse coalition and progressive rival Bernie Sanders seized Super Tuesday’s biggest prize with a win in California as the Democratic Party’s once-crowded presidential field suddenly transformed into a two-man contest.
The Dow Jones Industrial Average dropped 785 points and bond prices surged after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession.
HotelPlanner CEO Tim Hentschel told Cheddar that the travel industry is taking the worst hit it has seen in nearly two decades thanks to the coronavirus outbreak paralyzing multiple countries.
Stocks are whipping up and down after the Federal Reserve swooped into the market with an emergency rate cut in hopes of shielding the economy from the effects of the fast-spreading virus. Tuesday's surprise move gave stocks a strong, brief boost, but it took just 15 minutes for the gains to evaporate.
Chairman Jerome Powell said at a news conference that the virus “will surely weigh on economic activity both here and abroad for some time.” It was the Fed's first rate cut since last year, when it reduced its key short-term rate three times.
The Federal Reserve will cut interest rates by a half-percentage point in its first emergency rate cut since the Great Recession in response to the spreading coronavirus.
These are the headlines you Need 2 Know for Tuesday, March 3, 2020.
Dow Jones skyrockets on hopes central banks protect the economy from the coronavirus outbreak.
