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☆ Many Republicans plan to skip House GOP retreat as they grumble about location and spending time with one another
  + stars: | 2024-03-12 | by ( Melanie Zanona | ) edition.cnn.com   time to read: +2 min
Many Republicans plan to skip the House GOP retreat as they grumble about both the location and the idea of spending time with one another, with tensions still running high inside the party in the wake of their unprecedented speakership drama. Fewer than 100 Republicans have RSVP’d to attend the retreat, which is less than half of the entire conference, according to a GOP source familiar with the attendance sheet. GOP Rep. Nancy Mace of South Carolina, for example, is scheduled to appear on “Real Time with Bill Maher” later this week. In a remarkable split screen, firebrand GOP Rep. Matt Gaetz of Florida will be attending a rally in Texas on Thursday in support of Brandon Herrera, a far-right candidate who is challenging GOP Rep. Tony Gonzales. Among the Republicans who have decided to skip the retreat include Rep. Mark Green of Tennessee, the chairman of the House Homeland Security Committee; Reps.
Persons: Nancy Mace, Bill Maher ”, Kelly Armstrong of North, Tim Burchett, Mike Johnson, Kevin McCarthy, Matt Gaetz, Brandon Herrera, Tony Gonzales, Larry Kudlow –, Howard Lutnick, Cantor Fitzgerald, Mark Green of, Dusty Johnson of, Stephanie Bice, Dave Joyce of Ohio Organizations: GOP, Republicans, Publicly, Kelly Armstrong of North Dakota, CNN, ”, Greenbrier, firebrand, Fox Business, House Homeland Security, Main, Caucus, Republican Governance Group Locations: West Virginia, South Carolina, Tennessee, Florida, Texas, Mark Green of Tennessee, Dusty Johnson of South Dakota, Stephanie Bice of Oklahoma
☆ Trump-allied election groups burned through millions with no evidence of widespread fraud
  + stars: | 2024-03-05 | by ( Brian Schwartz | ) www.cnbc.com   time to read: +8 min
Jonathan Ernst | ReutersThe mission of the Election Integrity Alliance, likewise, was ending election fraud. "The Election Integrity Alliance will unite groups and efforts across the nation focused on combating election fraud," the group's now-defunct website trumpeted in 2021. But Trump never publicly designated the Election Integrity Alliance as the standard bearer for the MAGA universe's election integrity efforts. AFPI also launched an election integrity effort, the Center for Election Integrity, and staffed it with former Trump White House press aide Hogan Gidley and conservative author Ken Blackwell. It even launched its own color-coded election integrity scorecard map, which looks strikingly similar to the one that the Election Integrity Alliance had created for its now-deleted website.
Persons: Donald Trump, Shannon Stapleton, Joe Biden, Trump's, Brad Parscale, Parscale, Trump, Jonathan Ernst, Katrina Pierson, Pierson, Drew Angerer, Tim Dunn, Dunn, Jim Renacci, PCG, Jenna Ellis, Ken Paxton, Bernard Kerik, MAGA, Linda McMahon, Larry Kudlow, Brooke Rollins, AFPI, Hogan Gidley, Ken Blackwell, Cleta Mitchell Organizations: Winthrop Coliseum, South Carolina Republican, Reuters, Trump, Republican Party, CNBC, PAC, U.S, Alliance, Jefferson Rising Fund, Republican, Tower, Getty, hasn't, Partners, American, New York Police, Mar, Policy, Small Business, White, West Wing, Center, Trump White House, Heritage Foundation Locations: Rock Hill , South Carolina, U.S, United States, Manchester , New Hampshire, Texas, New York City, American, Ohio, Israel, New York, Trump, Florida, America, Palm Beach
☆ Second Trump Presidency Would Axe Biden Climate Agenda, Gut Energy Regulators
  + stars: | 2024-02-16 | by ( Feb. | At A.M. | ) www.usnews.com   time to read: +7 min
Much of that work could go up in smoke if his likely rival Donald Trump beats him at the polls in November, according to Republican policy advisers. Reuters spoke with a dozen Republican policy consultants and former Trump administration officials who are helping lay the groundwork for a second Trump presidency to sketch out the administration's likely approach to energy and environmental issues. Trump formally withdrew the U.S. during his first term in office but Biden swiftly reversed the move in 2021. "A big lesson that everybody in the first Trump administration learned was that personnel is really important. The idea of taking a hatchet to the entire IRA could, however, give some oil industry officials and Republican politicians pause, a former Trump administration official said.
Persons: Valerie Volcovici, Gram Slattery WASHINGTON, Joe Biden, Donald Trump, Trump, Stephen Moore, Trump's, Larry Kudlow, David Bernhardt, Rick Perry, Kevin Hassett, Harold Hamm, Biden, George David Banks, Ivanka, Mike McKenna, Diana Furchtgott, Roth, Timothy Gardner, Richard Valdmanis, Deepa Babington Organizations: Republican, United Nations, Trump, Reuters, White, Heritage Foundation, Republicans, Economic, Energy, Biden, America, Policy Institute, Heritage Locations: United States, Paris, Biden's
☆ Janet Yellen: Some banks may be ‘quite stressed’ by empty office building trouble
  + stars: | 2024-02-06 | by ( Matt Egan | ) edition.cnn.com   time to read: +5 min
“I will never forget it,” Yellen told lawmakers during a hearing before the House Financial Services Committee, referring to the weekend after Silicon Valley Bank failed. Although the bank crisis subsided after federal regulators launched emergency programs, some regional banks have come under renewed pressure in recent days. Yellen said bank regulators are “quite focused” on this problem, including by working with banks to manage risks, build up reserves to cover losses, adjust dividend policies and maintain liquidity. “It’s critically important that the US be on a fiscally sustainable path,” Yellen told lawmakers during the hearing. “We are doing better” than the rest of the world, Yellen told lawmakers Tuesday.
Persons: Janet Yellen, ” Yellen, “, Yellen, Maxine Waters, “ I’m, Larry Kudlow, It’s, Joe Biden, Jerome Powell, “ It’s, ” Powell Organizations: New, New York CNN, Valley Bank, Financial Services, Bank, New York Community Bancorp, Financial, Trump, Federal Locations: New York, Valley, United States, Japan
☆ Former Trump White House economic advisor lauds the US economy's performance under Biden: 'I was wrong'
  + stars: | 2024-02-03 | by ( Alia Shoaib | ) www.businessinsider.com   time to read: +1 min
Trump's former White House economic advisor said that his predictions of a recession under Biden had been wrong. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFormer President Donald Trump's White House economic advisor said the US economy was faring far better under President Joe Biden than he expected. Larry Kudlow said on Thursday that he had been wrong to predict an economic recession under the Democratic president. This story is available exclusively to Business Insider subscribers.
Persons: Biden, Larry Kudlow, Kudlow, —, Donald Trump's, Joe Biden Organizations: White, Service, Democratic, Fox Business, Business
☆ Trump's proposed 10% tariff plan would 'shake up every asset class,' strategist says
  + stars: | 2024-01-22 | by ( Elliot Smith | ) www.cnbc.com   time to read: +5 min
Mike Segar | ReutersMarkets need to begin thinking about the structural impact of Donald Trump's proposed 10% tariff increase, which "shakes up every asset class," according to Michael Every, global strategist at Rabobank. He suggested one of investors' top concerns would be the 10% tariff on all U.S. imports. Trump floated the 10% tariff during an interview last year with Fox Business' Larry Kudlow, his former White House economic advisor, saying "it's a massive amount of money." China responded with its own tariffs on U.S. goods, and Trump also imposed tariffs on steel and aluminum imports from most countries, including many of Washington's biggest allies. He noted Trump's tendency to "change his mind" so frequently on geopolitical issues that "people won't know where his thinking is at."
Persons: Donald Trump, Mike Segar, Donald Trump's, Michael Every, Janet Yellen, Ron DeSantis, CNBC's, Trump, Tom Lee, Larry Kudlow, it's, Keen, Joe Biden's, Dan Boardman Organizations: U.S, Republican, New, Reuters, Rabobank, The, Foundation, Forum, GOP, Trump, Fox Business, White, AAF, BRI Wealth Management Locations: New Hampshire, Rochester , New Hampshire, U.S, America, China, Beijing, Weston
☆ 'Mnuchin has not been in the room': Trump Treasury secretary absent from 2024 campaign
  + stars: | 2024-01-04 | by ( Brian Schwartz | ) www.cnbc.com   time to read: +3 min
After serving in the Trump administration for four years, former Treasury Secretary Steven Mnuchin is keeping his distance from the Republican former president and his campaign, according to people familiar with the matter. "Mnuchin has not been in the room," said Stephen Moore, a conservative economist who is advising Trump. A person close to Mnuchin who was granted anonymity in order to recount private conversations, said Mnuchin supports Trump's 2024 run for president. In 2016, Mnuchin was Trump's national finance chairman during his first run for the White House. For now, Mnuchin's private equity firm, Liberty Strategic Capital, takes up most of his time, people close to the former secretary told CNBC.
Persons: Steven Mnuchin, Donald Trump, Ivanka Trump, Trump, Mnuchin, Stephen Moore, it's, Larry Kudlow, Bob Lighthizer, Trump's, Joe Biden's, Hillary Clinton, Mike Pompeo, Mike Pence Organizations: White House, White, Republican, Trump, Fox Business, National Economic Council, NBC News, Liberty Strategic Capital, CNBC, East . Press, Capitol, The Washington Post Locations: Washington , U.S, United States, East
☆ Collusion vs. Stop the Steal
  + stars: | 2023-11-24 | by ( Holman W. Jenkins | ) www.wsj.com   time to read: +1 min
Donald Trump and Joe Biden Photo: morry gash/Agence France-Presse/Getty ImagesA recent column observed disconcertingly that election denial appears to have been a successful strategy for Donald Trump. Larry Kudlow , his former White House economic adviser, points out that many voters like Trump policies, which is true. How does “stop the steal” advance their cause? One might also ask how and why collusion continues to work for Democrats. My inbox is as revealing about collusion as it is about stop the steal, with some Democrats clinging to whatever they heard first, including the legend of the Moscow hotel room, long since debunked by the U.S. Justice Department.
Persons: Donald Trump, Joe Biden, Larry Kudlow, “ Didn’t Trump, Natalia Veselnitskaya, didn’t Mike Flynn, didn’t Organizations: Agence France, White, U.S . Justice Department, Trump Locations: Moscow, Russia, Russian, Hillary
☆ Trump’s radical second-term agenda would wield executive power in unprecedented ways
  + stars: | 2023-11-16 | by ( Kristen Holmes | ) edition.cnn.com   time to read: +10 min
Wielding the power of federal law enforcement against political enemies. As he seeks a return to the Oval Office, former President Donald Trump and his allies have promised a sweeping transformation of the federal government that would wield the executive branch’s power in radical and unprecedented ways. However, none of these groups or individuals speak for President Trump or his campaign,” campaign advisers Susie Wiles and Chris LaCivita wrote in a statement. Trump’s campaign has recently brought on policy-focused hires who will help craft his policy messaging and eventually look at proposals from various conservative groups. “Stopping the invasion at our southern border is an urgent national security necessity and one of President Trump’s top priorities.
Persons: Donald Trump, arounds, Trump, Susie Wiles, Chris LaCivita, –, “, Joe Biden, Biden, ”, Stephen Vladeck, Trump’s, —, ” Trump, Privately, He’s, Larry Kudlow Organizations: CNN, Office, Trump, Heritage Foundation, Justice Department, Univision, DOJ, University of Texas School of Law, National Security and Intelligence, Oracle, Pentagon, Department, National Guard, Fox Business Locations: Washington, United States of America, Florida, State, America, Mexico, China, United States
☆ Pence trashes Trump's tax plan, says 10% tariff would 'increase inflation at the worst possible time'
  + stars: | 2023-09-21 | by ( Kevin Breuninger | ) www.cnbc.com   time to read: +2 min
Republican presidential candidate, former Vice President Mike Pence speaks at the Pray Vote Stand Summit at the Omni Shoreham Hotel on September 15, 2023 in Washington, DC. Former Vice President Mike Pence on Thursday dumped on Donald Trump's plan to slap a universal 10% tariff on imported goods if he is reelected in 2024, slamming the idea as a "middle-class tax increase." An across-the-board tariff like the one Trump has proposed would worsen inflation and "reward adversaries like China," Pence's GOP presidential campaign said in an unusually sharp one-page memo. "He and his imitators in this race are backing away from American leadership," Pence said. Trump skipped the first debate last month, but he nevertheless stole much of the evening's attention.
Persons: Mike Pence, Donald Trump's, Pence, Trump, Larry Kudlow Organizations: Omni, Washington , DC, Trump, GOP, Republican, Tax Foundation, Reagan, Fox Business, White Locations: Washington ,, China, California, Detroit
☆ Stock futures are flat as investors digest the latest round of earnings: Live updates
  + stars: | 2023-04-18 | by ( Brian Evans | ) www.cnbc.com   time to read: +2 min
Following a strong December jobs report, the Dow Jones Industrial Average rose 350 points at the open on Friday morning. Stock futures were flat Tuesday night as traders weighed the latest round of earnings. Futures tied to the Dow Jones Industrial Average lost 28 points, or 0.08%, while S&P 500 futures slipped 0.07%. Still, markets have to contend with looming macroeconomic headwinds after the broader field of companies report quarterly results. In the week ahead, electric vehicle giant Tesla will report quarterly results after the closing bell on Wednesday.
☆ Bill Barr says an indicted Trump shouldn't take the stand in New York because 'he lacks all self-control'
  + stars: | 2023-04-03 | by ( Matthew Loh | ) www.businessinsider.com   time to read: +3 min
He said it would be a "particularly bad idea" for Trump to testify because he "lacks all self-control." "I'm not his lawyer, generally I think it's a bad idea to go on the stand," Barr replied. "And I think it's a particularly bad idea for Trump because he lacks all self-control, and it would be very difficult to prepare him and keep him testifying in a prudent fashion." Barr served as attorney general under Trump from February 2019 to December 2020 and was considered a close Trump ally. In response to Barr's book, Trump called the former attorney general "slow-moving," "pathetic," and "weak."
☆ Trump's former White House economic adviser says he doesn't understand what his old boss is doing
  + stars: | 2022-12-08 | by ( Sinéad Baker | ) www.businessinsider.com   time to read: +3 min
Larry Kudlow said former President Donald Trump was damaging his own support levels. He highlighted Trump calling for the "termination" of the Constitution and controversial meetings. "I don't understand what our former boss is doing," Kudlow said, speaking with Trump's former counselor Kellyanne Conway. Kudlow also said that Trump was too focused on claims that the 2020 election was stolen from him. "His meddling and insistence that the 2020 election was stolen will deliver more losses," Bolton added.
☆ Rick Scott — Mitch McConnell's would-be rival — dodged a question on whether he'd back the Kentucky senator for GOP leader
  + stars: | 2022-11-15 | by ( Cheryl Teh | ) www.businessinsider.com   time to read: +4 min
Sen. Rick Scott dodged a question about whether he would back Mitch McConnell for GOP leader. KUDLOW: Are you backing Mitch McConnell? Trump endorses Rick Scott for Republican Senate Leader: “I think Rick Scott would be much better than McConnell. I'm not a fan of McConnell and I am a fan of Rick Scott." "Because Masters said he would vote against Mitch McConnell, and so Mitch would rather be leader than have a Republican majority.
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