President Trump thanked Turkish President Recep Tayyip Erdogan in a joint press conference Wednesday afternoon for working closely with the U.S. on several Middle East issues while noting the "challenges" created by Turkey's purchasing of Russian military equipment.
Among the topics the two leaders discussed at the White House was Turkey's decision to purchase a Russian missile defense program and its attacks on Kurdish forces in Syria.
The meeting comes at a low point in Turkish-U.S. relations, particularly in terms of Syria following Turkey's offensive against Kurds in the nation who had been solid allies of the U.S. On Tuesday, the Wall Street Journal reported the existence of U.S. drone video evidence of Turkish-backed gunmen targeting civilians in October.
Turkey began launching attacks in northern Syria, almost immediately after Trump announced the U.S. would pull out remaining troops. Lawmakers on both sides of the aisle condemned Erdogan's actions in Syria as well as Trump's decision to pull the troops.
"I want to thank his partnership as we work to build a safe and prosperous Middle East," Trump said Wednesday. "I'm a big fan of the president."
Erdogan called Turkey the "most reliable partner in the region" for the U.S.
While Trump and Erdogan met, lawmakers spent more than six hours in the first of public impeachment hearings on Capitol Hill. President Trump said he was "too busy" to watch but also tweeted about the events happening down the street.
When questioned about the impeachment inquiry, Trump called it "a sham" that "shouldn't be allowed."
Trump said he will be releasing a second call related to the impeachment inquiry tomorrow, which he said predates the July 25 call with Ukrainian president Volodymyr Zelensky.
He added, "I'd much rather focus on peace in the Middle East."
Fox News' John Roberts asked the president about the phone call between Trump and U.S. ambassador to the European Union Gordon Sondland that Ambassador Bill Taylor recounted in his testimony earlier today.
"I know nothing about that," Trump said. "I've never heard it [...] not even a little bit."
Taylor testified today that his staffer accompanied Sondland to a restaurant on July 26, heard Trump ask Sondland about "the investigations" and, after the call, Sondland told the staffer that "President Trump cares more about the investigations of Biden."
Trump joked "only friendly reporters" from Turkey could ask questions.
President Joe Biden said Tuesday that the U.S. will begin to impose sanctions on Russia, calling recent troop movement into Ukraine an 'invasion.' Biden and other government officials including from the State Department have begun to classify the Russian troop movement as an invasion after Russian President Vladimir Putin ordered troops to two independent Ukrainian areas in an alleged "peacekeeping" mission — which the West considers an act of aggression. Biden said Russia will continue to pay 'an even steeper price' if it continues sending troops into Ukraine. What happens next? Will Putin find a way around these sanctions? Ariel Cohen, senior fellow at the Atlantic Council, joins Closing Bell to discuss Biden's remarks, how the West will protect Ukraine since it doesn't belong to NATO, and more.
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.
