Category: Policies

Trump says he will nominate Herman Cain to Fed

President Donald Trump said Thursday he will nominate Herman Cain, the former Republican presidential candidate, to a seat on the Federal Reserve Board, a move surprising Capitol Hill and alarming Fed watchers.

“I’ve recommended Herman Cain. He’s a terrific man,” Trump told reporters in the Oval Office.

“I think he would do very well” at the Fed, the president added. “He’s a very good guy.”

A report that Trump planned to nominate Cain was reported early Thursday morning by Axios.

Trump has previously said he will appoint former Wall Street Journal editorial writer Stephen Moore to the Fed, but the White House has yet to send the nomination to the Senate. Moore and Cain would fill the two remaining vacancies on the Fed’s seven-member board. Trump’s interest in selecting Cain for the Fed was first reported in January. The president remains sharply critical of the Fed’s interest-rate policy even thought the central bank has shifted in a dovish direction. 

Trump said he was not trying to send a message to the Fed with the pick of Moore and Cain.

[MarketWatch]

White House Invents New Word to Cover for Trump: Transcript Claims He Said ‘Oringes,’ Not ‘Oranges’

Millions of Americans heard Donald Trump substitute the word“oranges” for “origins” three times at a photo op, but rather than accurately reflect that embarrassing reality, the White House invented a new word.

During an Oval Office spray with NATO Secretary General Jens Stoltenberg on Tuesday, Trump riffed on Special Counsel Robert Mueller’s investigation. He told reporters “I hope they now go and take a look at the oranges, the oranges of the investigation, the beginnings of that investigation,” then managed to correctly say “origins” on his third try.

He went on to say that “the only thing that’s disappointing to me about the Mueller report” was that he wished it had covered “the oranges — how it started.”

But according to the official White House transcript, released almost five hours later at 6:47 pm, Trump didn’t say “oranges” at all, he said “oringes,” and he only did it twice:

And I hope that this investigation now, which is finished — it’s totally finished. No collusion. No obstruction. I hope they now go and take a look at the oringes [origins] — the origins of the investigation, the beginnings of that investigation. If you look at the origin of the investigation — where it started; how it started; who started it, whether it’s McCabe or Comey or a lot of them; where does it go; how high up in the White House did it go — you will all get Pulitzer Prizes, okay? You’d all get Pulitzer Prizes. You should have looked at it a long time ago.

And that’s the only thing that’s disappointing to me about the Mueller report. The Mueller report, I wish, covered the oringes [origins] of how it started — the beginnings of the investigation and how it started. It didn’t cover that. And for some reason, none of that was discussed.

Presumably, someone at the White House concluded that it’s less embarrassing for Trump to have made up an entirely new word that swaps letters and adds an “e” to “origins” than for him to have said “oranges” three times, which is what actually happened.

[Mediaite]

Trump tells Republicans they lost in 2018 because the election was rigged

President Donald Trump warned Congressional Republicans to be “paranoid” that Democrats were rigging elections.

Trump spoke at a fundraiser for the National Republican Campaign Committee (NRCC), the organization in charge of House elections for the GOP.

During his remarks, Trump denied that he was a reason why Republicans lost control of the House of Representatives during the blue wave of the midterm elections.

“I say, what the hell do I have to do with it?” Trump said, according to Washington Postnational political reporter Felicia Sonmez.

Trump then seemed to suggest the 2018 midterms were stolen.

[Raw Story]

President Trump Ranted About ‘Getting Rid of Judges’

Apparently, we had something of an “episode” in the Oval Office Tuesday afternoon.

“Sure, it’s going to have a negative impact on the economy,” the president jovially admitted of his proposed shutdown. “It is one of the biggest trade deals in the world that we’ve just done with the USMCA. It is a very big trading partner. Trading is very important, the borders are very important, but security is what most important. I have to have security. And we’re going to have security in this country. That is more important than trade. Let me just give you a little secret, security is more important to me than trade, so we’re going to have a strong border, or we’re going to have a closed border. I’m totally prepared to do it.”

“Well I haven’t made that intention known and I’m ready to close it if I have to close it. Mexico has the strongest immigration laws in the world. Nobody has stronger. I guess some have the same but you can’t get any stronger than what Mexico has and we don’t want people coming up on this dangerous journey and coming in. And what we have to do is Congress has to meet quickly and make a deal. I could do it in 45 minutes. We need to get rid of chain migration, we need to get rid of catch and release and visa lottery and we have to do something about asylum and to be honest with you, I have to get rid of judges.”

Oh. And there were some pronunciation issues.

Meanwhile, those “rural voters” who, evidently, are the only voters that truly matter, are getting hammered all over the midwest. From NBC News:

Farmers will have to destroy any grains that were contaminated by floodwater, which could also prevent some growers from planting oversaturated fields. Near Crescent, Iowa, farmer Don Rief said the flood damaged more than 60,000 bushels of his grain, worth hundreds of thousands of dollars. He tried to move the crops before the flood, but dirt roads were too soft from the storm to support trucks. “We were just hurrying like hell,” Rief said. “Hopefully USDA will come in and minimize some of the damage.” The USDA does not have a program that covers flood-damaged grain because farmers have typically received more advance notice of rising waters, allowing them to move crops and limit losses, said Tom Vilsack, who ran the agency under former President Barack Obama.

That’s going to have to change, it seems. We don’t get many warnings about sudden calamities anymore and, the ones we get, we don’t listen to anyway.

[Esquire]

Trump steps back from Mexico border threat as companies warn of economic fallout

President Donald Trump took a step back on Tuesday from his threat to close the U.S. southern border to fight illegal immigration, as pressure mounted from companies worried that a shutdown would cause chaos to supply chains.

Trump threatened on Friday to close the border this week unless Mexico acted. He repeated that threat on Tuesday but said he had not made a decision yet: “We’re going to see what happens over the next few days.”

Closing the border could disrupt millions of legal crossings and billions of dollars in trade. Auto companies have been warning the White House privately that it would lead to the idling of U.S. plants within days because they rely on prompt deliveries of components made in Mexico.

The U.S. Chamber of Commerce, the largest U.S. business lobbying group, has been in contact with the White House to discuss the “very negative economic consequences that would occur across the country,” said Neil Bradley, the group’s top lobbyist, on a call with reporters.

Trump praised efforts by Mexico to hinder illegal immigration from Central America at its own southern border. On Monday, the Mexican government said it would help regulate the flow of migrants.

“I really wanted to close it,” Trump said on Tuesday night at a fundraiser for congressional Republicans.

[Reuters]

Trump cuts all direct assistance to Northern Triangle countries Honduras, El Salvador, Guatemala

In a stunning about-face, State Department officials said that President Donald Trump is cutting off all direct assistance to the so-called Northern Triangle countries of El Salvador, Honduras and Guatemala.

“At the Secretary’s instruction, we are carrying out the President’s direction and ending FY [fiscal year] 2017 and FY 2018 foreign assistance programs for the Northern Triangle,” a State Department spokesperson told ABC News, referring to U.S. Secretary of State Mike Pompeo. “We will be engaging Congress as part of this process.”

These three countries are the primary source of migrants to the U.S., but for years the U.S. has worked with them to stabilize their political environments and economies and end violence and corruption so that migrants wouldn’t leave in the first place.

Trump hinted at the cuts earlier on Friday, telling reporters,”I’ve ended payments to Guatemala, to Honduras, and to El Salvador. No money goes there anymore.”

While the president has threatened these cuts before, this time the administration is actually following through.

Trump said the funds totaled $500 million, but it wasn’t clear Friday if that figure was accurate. The State Department announced in December that the U.S. would mobilize $5.8 billion in public and private american investment to these three countries.

“We’re not paying them anymore because they haven’t done a thing for us,” he added.

[ABC]

Trump says GOP senators are working on an Obamacare replacement and it will be ‘spectacular’

President Donald Trump announced Thursday that a team of GOP senators is ready to give health care another shot after nearly a decade of promising and failing to repeal and replace the Affordable Care Act.

But he added the caveat that he’s in no rush to get it done.

Trump resurrected the issue this week after the Justice Department, in a court filing Monday, said it supported the full elimination of President Barack Obama‘s signature legislative achievement. The president’s assertion that Republicans would become “the party of health care” surprised some Republicans, who thought they’d missed their chance to replace the law.

Republicans experienced an embarrassing defeat during Trump’s first year in office when they failed to make good on their campaign promise to end Obamacare. The closest they got to dismantling it was to eliminate the penalty on people who didn’t purchase health care.

Instead, the White House used executive actions to chip away at the law, while 20 governors from red states challenged it in court.

Trump named Sens. John Barrasso of Wyoming, Bill Cassidy of Louisiana and Rick Scottof Florida as the point people on Capitol Hill crafting the legislation.

“They are going to come up with something really spectacular,” Trump told reporters before heading off to a political rally in Michigan.

Trump also claimed that Republicans “will take care of preexisting conditions better than they’re taken care of now.”

The law makes it illegal for health insurers to deny coverage or raise rates on anyone with a preexisting or current illness. Trump did not expand on how it would be improved.

Trump also sounded triumphant about a lawsuit brought by 20 red states to rule Obamacare unconstitutional. A federal judge in Texas ruled in December that the entire law hinged on the fee imposed on people without health insurance. Since Congress eliminated that mandate in its tax bill, the law is no longer constitutional, the judge ruled. An appeal on that case is pending.

According to Trump, those opposed to the ACA are “winning in the courts.”

Democrats campaigned on this issue in November, warning voters that if the courts invalidate the law, then all of its most popular provisions, like protections for people with preexisting conditions, would go down with it.

The law has become increasingly popular with the public, and Democrats credit voters’ concerns about health care for their winning back the House.

Cassidy, one of the three senators Trump named, was also the architect of a replacement bill in 2017 that would have provided block grants to states to allow them to set the guidelines for their insurers. The Senate never voted on it.

All three have been separately working on health care-related legislation, but Trump claims he has asked them to take on the larger endeavor.

Cassidy and Barrasso were both medical doctors. Scott ran a hospital company, which, notably, was fined $1.7 billion for Medicare fraud when he was at the helm.

Trump said he’s not in a rush to get to health care because he’s waiting to see what the courts will decide. Democrats, who are elated to be talking about health care, argue the exact opposite, and say there should be a replacement in place if the ACA is dismantled because otherwise people lose the consumer protections in the law.

[Chicago Tribune]

Trump Mocks and Jeers Media, Calls For Revenge as Crowd Chants ‘Lock Them Up!’

At President Donald Trump‘s rally in Michigan on Tuesday he went after the media hard several times over the Russia investigation and the Mueller report. At one point, he mocked cable news for slumping ratings and called Rep. Adam Schiff, “Little pencil neck.”

Referring to the media and Democrats and “deep state” together, Trump said “this group of major losers did not just ruthlessly attack me, my family, and everyone who questioned their lies. They tried to divide our country, to poison the national debate, and to tear up the fabric of our great democracy, the greatest anywhere in the world.”

“They did it all because they refused to accept the results of one of the greatest presidential elections, probably number one in our history.”

“Many people were badly hurt by this scam, but more importantly our country was hurt. Our country was hurt. And they’re on artificial respirators right now. They’re getting mouth-to-mouth resuscitation. Little pencil-neck Adam Schiff,” he said, pausing for a crowd reaction. “He has the smallest, thinnest neck I’ve ever seen. He is not a long ball hitter.”

He mocked Schiff’s voice, saying “there still could have been some Russia collision,” and then, describing Schiff, said, “Sick. Sick.

He brought up Rep. Jerry Nadler (D-NY) and the committee investigations and added, “These people are sick.”

“Sick. Every single deal, every single paper. All of the Democrat politicians. The media bosses. Bad people. The crooked journalists, the totally dishonest TV pundits — and by the way, they know it’s not true. They just got great ratings,” he said. “By the way, their ratings dropped through the floor last night, did you see that?”

There was another big crowd reaction, but it was even bigger as he praised Fox News hosts and their ratings.

“Our friends — Tucker, Sean, Laura — through the roof last night,” he said.

He then said that everyone who “perpetuated the single greatest hoax in the history of politics, they have to be — I’m sorry — they have to be accountable.”

The crowd then began chanting “lock them up” and “lock her up” mixed together.

“Just think of it. A fake dirty dossier, millions and millions of dollars paid for it. By who? Crooked Hillary Clinton, the DNC, and the Democrat party,” he said. The crowd booed and there were some renewed “lock her up” chants.

“They failed in one way. Can you believe it? Maybe I got lucky. They published and printed all of these horrible law lies, they couldn’t get any of the media to print it. Thank you very much, I appreciate it. You never know.”

He then gave the media “a lot of credit” for not publishing news about the dossier prior to the election, though there were no cheers for them from the crowd for that.

[Mediaite]

Trump: I’ve Taken Better Care of Puerto Rico Than ‘Any Living Human Being’

President Donald Trump is dismissed criticisms from Puerto Rico Governor Ricardo Rosselló on of how his administration has handled the island’s recovery from Hurricane Maria.

Trump took questions from reporters on his way out of the White House on Thursday, during which, he was asked about those who’ve said his administration hasn’t done enough to help the Puerto Rico. The question comes amid reports from a recent luncheon where supposedly Trump grumbled that Puerto Rico is getting too much aid while they continue to recover from the devastation caused by Maria in 2017.

“I have taken better care of Puerto Rico than any man ever,” Trump proclaimed. “Puerto Rico has been taken care of better by Donald Trump than by any living human being.”

Trump continued by taking shots at Rosselló and San Juan mayor Carmen Yulín Cruz,, saying “they don’t know how to spend the money. They are not spending it wisely, but I’m giving them more money than they have ever gotten.”

While Trump’s dislike of Cruz is well-established by now, it was believed for some time that he and Rosselló were on decent terms with each other. However, Rosselló recently gave an interview to CNN where he said Trump has not provided the disaster relief he promised the island, with his administration blowing off repeated requests.

[Mediaite]

Trump bashes ‘Morning Joe,’ cable networks for ratings dip after Mueller conclusion

President Donald Trump chided the MSNBC’s “Morning Joe” on Thursday for ratings that he claimed have dropped in the wake of special counsel Robert Mueller’s report to the attorney general, crowing that “fake news never wins.”

Mueller, charged with investigating allegations of collusion between the president’s 2016 campaign and the Russian government, delivered to the Justice Department last week a report that said his team was unable to establish that such collusion occurred. Mueller wrote in his report that he was unable to conclude whether Trump obstructed justice, although Attorney General William Barr and Deputy Attorney General Rod Rosenstein wrote in their summary it was their conclusion that the president was innocent of those allegations as well.

“Wow, ratings for ‘Morning Joe,’ which were really bad in the first place, just ‘tanked’ with the release of the Mueller Report,” Trump tweeted about the show — hosted by two of his former friends, Joe Scarborough and Mika Brzezinski — where he was once a regular guest. “Likewise, other shows on MSNBC and CNN have gone down by as much as 50%. Just shows, Fake News never wins!”

The former reality TV star frequently harps on ratings, often praising friendly networks like Fox News while pouncing on CNN and MSNBC for their less flattering coverage of him when their ratings dip.

The Associated Press reported Wednesday that MSNBC programs saw their ratings plunge after Barr’s announcement. Ratings for host Rachel Maddow’s show, on which the Russia investigation earned breathless coverage nearly every night, dipped 19 percent from their average for the year the night after Barr made his announcement. The next night, her ratings fell slightly once again.

On Fox, meanwhile, Maddow’s time slot competitor Sean Hannity saw his ratings go up by 32 percent over his average. Hannity, a close friend of Trump and one of his greatest media allies, interviewed the president at length on Wednesday’s show.

Maddow had only recently overtaken Hannity in the ratings fight for the first time, likely buoyed at least in part by her relentless focus on the Mueller investigation. Cable news ratings are prone to news-related dips, as viewers are more likely to tune in when there are developments that align with their political views and less likely to tune in for less favorable developments.

Trump and his aides have pummeled the media for its coverage of the Russia investigation in the wake of Barr’s letter to lawmakers about Mueller’s findings. Earlier Thursday, the president tweeted that media outlets “have ZERO credibility or respect” as a result of their Russia probe coverage and have “never been more corrupt” than in this point in time.

On Monday, his reelection campaign sent out a memo to TV producers urging them to think twice before having certain guests on who had asserted there was a strong likelihood that Trump or his campaign conspired with Russian operatives in the 2016 presidential election.

Barr’s summary of the Mueller report, released Sunday, has prompted a wave of hand-wringing across the media universe, though many in the media have been quick to point out that much of the reporting done on Trump’s ties to Russia over the past two years has been borne out by developments in Mueller’s investigation.

[Politico]

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