Previewing President Trump's Trip To The World Economic Forum In Davos
President Trump is jetting off to Davos, Switzerland, this week to attend the World Economic Forum. He is set to meet with British Prime Minister Theresa May and Israeli Prime Minister Benjamin Netanyahu, among many other world leaders.
OZY.com Reporter Nick Fouriezos takes a look at the president's goals for the trip. He'll be the first sitting president to attend the forum in almost two decades.
President Trump isn't traveling alone. At least six of his cabinet members will be heading to Davos as well. Fouriezos also points out that House Majority Leader Kevin McCarthy is slated to attend the forum. He is one of the lead negotiators on immigration reform, which could set back discussions on the future of DACA and the Dreamers.
Amanda Chu of POLITICO reveals how lawmakers are betting millions on pharma stocks even as Trump threatens tariffs and demands steep drug price cuts. Watch!
At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations.
President Donald Trump wants his “big, beautiful” bill of tax breaks and spending cuts on his desk to be singed into law by Independence Day. And he’s pushing the slow-rolling Senate to make it happen sooner rather than later. Trump met with Senate Majority Leader John Thune at the White House early this week and has been dialing senators for one-on-one chats, using both the carrot and stick to encourage them to act. But it’s still a long road ahead for the bill. Senators want to make changes to protect Medicaid and to make sure some tax breaks become permanent. Elon Musk called the whole bill a "disgusting abomination.”
