The long-simmering tensions between President Donald Trump and Secretary of State Rex Tillerson came to a head Tuesday, when the commander-in-chief announced the ouster of the country’s top diplomat with a tweet.
One political analyst told Cheddar the move was telling.
“It speaks a lot to the character of the two men,” commentator Rick Wilson said. “When Donald Trump was selling steaks, vodka, and a fake university, Rex Tillerson was building Exxon into the largest energy company in the world.
“The anxiety that Trump has about Tillerson being more competent than him has finally played itself out.”
Tillerson reportedly found out about his firing after Trump took to Twitter to announce that CIA Director Mike Pompeo would take over at the State Department.
The president later said he and the former ExxonMobil CEO “were not really thinking the same,” but that Pompeo had a “similar thought process.”
Still, the decision to remove Tillerson came hours after he voiced his support of UK Prime Minister Theresa May and the British government, who on Monday said Russia was likely behind the poisoning of an ex-Moscow spy.
The Trump administration did not officially second those findings.
But Wilson said Tillerson was right to consider Russia “an imminent national security threat.”
“Donald Trump doesn’t see it that way,” he told Cheddar. “There’s something wrong about Donald Trump’s relationship and viewpoint about Vladimir Putin that makes him behave this way, even when serious and consequential people around him are warning him.”
The White House denied Tillerson’s dismissal had anything to do with Russia, instead saying it wanted to have new leadership in place before Trump’s meeting with North Korean leader Kim Jong-Un, expected this spring.
For the full interview, [click here](https://cheddar.com/videos/no-collusion-and-tillerson-is-out).
Russian lawmakers have given President Vladimir Putin a military force authorization in Ukraine, and President Biden has described Putin's announcement declaring the independence of two provinces within Ukraine and his subsequent deployment of peacekeepers as tantamount to "invasion. David Tafuri, a former Obama campaign foreign policy advisor and Bush State Department official, joined Cheddar News to discuss. "The Ukrainian military occupies more than 70 percent of those provinces still," Tafuri said, noting Putin alleged having a responsibility to defend those regions. "This would put Ukrainian forces and Russian forces right at each other engaged. And that might be how the war starts."
The major indexes ended Tuesday's session sharply lower due to escalating tensions between Russia and Ukraine. Bill Stone, Chief Investment Officer at The Glenview Trust Company, joins Cheddar News' Closing Bell, where he reminds viewers that Wall Street doesn't like uncertainty, and more of the recent losses are due to geopolitics than inflation.
Karim Hijazi, CEO of Prevailion, joins Cheddar News' Closing Bell, where he says that crypto's decentralized nature will pose obstacles for the FBI's new crypto unit, but it will also make progress with items such as managing fraudulent exchanges.
The Retail Industry Leaders Association released a report alleging the safety risks, economic losses, and potential job losses they link to a surge in shoplifting crimes in the United States. Lisa LaBruno, senior EVP of retail operations at the trade organization, joined Cheddar News to discuss the impact of websites that allow for the resale of unverified goods and passing the INFORM Consumers Act to stamp it out. “We need to hold the online marketplaces accountable for being a favored venue for criminals to resell stolen product," LaBruno said. "And that is exactly what the INFORM Act is designed to do."
The East-West faceoff over Ukraine has escalated dramatically, with Russian lawmakers authorizing President Vladimir Putin to use military force outside his country and President Biden and European leaders responding by slapping sanctions on Russian oligarchs and banks.
Stocks closed broadly lower Tuesday after Russia sent forces into Ukraine’s eastern region and the U.S., European Union and U.K. responded with economic sanctions.
President Biden says he’s “convinced” that Russian President Vladimir Putin has decided to launch a further invasion of Ukraine, saying Friday he has “reason to believe” it will occur in the "coming days."
