Tom Steyer, the California billionaire behind an aggressive campaign demanding the impeachment of President Trump, accused the president of failing to protect the nation following the indictment of 13 Russians for meddling in the 2016 campaign.
“Why is he not protecting the American people?” he asked in an interview on Cheddar Friday, shortly after the indictment was announced. “Why is he allowing a hostile foreign power to attack us? And his response is to weaken sanctions against Russia at the same time?”
“What is he hiding, and why is unwilling to protect our democracy and the safety of the American people?”
Steyer’s comments come after Deputy Attorney General Rod Rosenstein announced charges against 13 Russian nationals and three Russian organizations for meddling in U.S. elections.
The charges, which include conspiracy to defraud the United States, wire and bank fraud, and identity theft, are the first to be brought in Special Counsel Robert Mueller’s investigation. The indictments claim infractions started back in 2014 and don’t suggest the 2016 presidential campaign was affected.
According to the indictment, the Russians ran a well-funded effort to sow political discord in the United States in advance of the 2016 election by creating hundreds of fake social media accounts that were supportive of Trump and critical of Hillary Clinton.
Trump, was briefed on the indictment Friday morning, took to Twitter Friday afternoon to point out there were no findings that his campaign did anything wrong.
But Steyer, who has funneled more than $20 million into an impeachment campaign against the president, says that the commander-in-chief had to be aware of Russia’s role in the election and yet has not taken action against previous or future “hostile attacks.”
“When the head of the FBI was asked two days ago whether they expected the Russians to hack us in 2018, he said ‘Yes, the Russians’ 2016 [attack] was a big success and they were going to continue it and expand it in 2018,’” Steyer said. “When he was asked if the president had ordered him to do anything to protect us against that he said, ‘No, not specifically.’”
For full interview [click here](https://cheddar.com/videos/meet-the-billionaire-backing-impeachment).
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. The move comes amid a fraught time for the central bank, with hiring sluggish and yet inflation stuck above the Fed’s 2% target. Compounding its challenges, the central bank is navigating without much of the economic data it typically relies on from the government. The Fed has signaled it may reduce its key rate again in December but the data drought raises the uncertainty around its next moves. Fed Chair Jerome Powell told reporters that there were “strongly differing views” at the central bank's policy meeting about to proceed going forward.
U.S. and Chinese officials say a trade deal between the world’s two largest economies is drawing closer. The sides have reached an initial consensus for President Donald Trump and Chinese leader Xi Jinping to aim to finalize during their high-stakes meeting Thursday in South Korea. Any agreement would be a relief to international markets. Trump's treasury secretary says discussions with China yielded preliminary agreements to stop the precursor chemicals for fentanyl from coming into the United States. Scott Bessent also says Beijing would make “substantial” purchases of soybean and other agricultural products while putting off export controls on rare earth elements needed for advanced technologies.
A new poll finds most U.S. adults are worried about health care becoming more expensive.
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.
