Chief Economic Adviser Gary Cohn is resigning after President Trump doubled down on his commitment to steel and aluminum tariffs - a move Cohn strongly opposed.
Todd Hitt, CEO of Kiddar Capital, and Eric Boehm, Reporter at Reason.com, discuss the effect that Cohn's departure could have on the White House. Without Cohn, the White House is losing one of its biggest globalist voices.
President Trump is committed to implementing steel and aluminum tariffs. According Axios' Jonathan Swan, the president could put announce those proposals as soon as tomorrow.
Stocks fell in midday trading as investors fretted about more signs that a viral outbreak was spreading and a report showing a sharp weakening in U.S. business activity. Investors headed for safer territory.
U.S. stocks fell in early trading Friday as cases of the new virus swelled in South Korea and more companies warned investors about a hit to their finances. Anxiety over the outbreak has knocked stocks back from record highs and indexes are on track for their first weekly loss after two weeks of gains.
These are the headlines you Need 2 Know for Friday, February 21, 2020.
A new warning about Russian interference in the 2020 election is raising questions about whether the U.S. is doing enough to prevent the kind of meddling the country saw in the 2016 election.
Roger Stone, a staunch ally of President Donald Trump, has been sentenced to 40 months in prison on his convictions for witness tampering and lying to Congress. The action in federal court comes amid Trump's unrelenting defense of his longtime confidant that has led to a mini-revolt inside the Justice Department and allegations the president has interfered in the case.
These are the headlines you Need 2 Know for Thursday, February 20, 2020.
From the opening bell, Democratic presidential foes have unleashed an aggressive verbal assault on New York billionaire Mike Bloomberg and raised new questions about Bernie Sanders' take-no-prisoners politics in a contentious debate Wednesday night on the Las Vegas Strip.
Federal Reserve officials were mostly optimistic about the U.S. and global economies last month, though they noted the risk posed by China’s viral outbreak and said they were ready to keep their benchmark interest rate at its current low level in the coming months.
At a closed-door gathering in the nation’s capital last month, representatives from close to two-dozen renewable energy, electric vehicle, and environmental advocacy organizations began the early stages of handicapping which Republican senators might be willing to join Democrats in supporting lucrative tax credits for the various green sectors – most of which were axed at the last minute late last year.
These are the headlines you Need 2 Know for Wednesday, February 19, 2020.
