Mike Cernovich may be emerging as the new Bannon in the alt-right movement. Vanity Fair's Tina Nguyen discusses his political strategy and how badly Bannon is perceived among the alt-right these days.
Nguyen talks about Cernovich's motivation behind his theories. She says he is not foreign policy-minded and likes to just attack liberal ideology. He's also against most media outlets, even though he just put in a bid for Gawker.com.
Despite his less-than-popular views, could he continue to gain popularity? Nguyen said in her conversation with him about buying Gawker he said, it "would be fun to own Gawker properties." She believes that was more as a taunt to the writers. But overall, she does believe he could continue to gain followers.
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.
