Trump Says Pardon for Paul Manafort is ‘Not Off the Table’

President Donald Trump declined in a new interview to rule out the possibility that he could pardon Paul Manafort, his former campaign chairman.

“It was never discussed, but I wouldn’t take it off the table. Why would I take it off the table?” Trump told the New York Post.

The President’s comments come following special counsel Robert Mueller’s accusation that Manafort violated his plea agreement and lied to Mueller’s team after being found guilty on eight counts of financial crimes in August.

[CNN]

Trump blasts Fed chair over stock market slide, GM layoffs

President Trump on Tuesday blamed Federal Reserve Chairman Jerome Powell for a string of negative economic developments, including the stock market’s recent slide and General Motors’s plan to shutter U.S. factories and lay off thousands of workers.
“I’m doing deals and I’m not being accommodated by the Fed,” Trump said in an interview with The Washington Post. “They’re making a mistake because I have a gut, and my gut tells me more sometimes than anybody else’s brain can ever tell me.”
The comments mark an escalation of Trump’s criticism of Powell, whom he nominated last year to lead the central bank, over rising interest rates. They also indicate the president does not believe he bears responsibility for the negative economic news this week.

“So far, I’m not even a little bit happy with my selection of Jay,” Trump told the Post. “Not even a little bit. And I’m not blaming anybody, but I’m just telling you I think that the Fed is way off-base with what they’re doing.”
Trump has blasted Powell frequently since July for continuing a series of Fed interest rate hikes that began in December 2015. The Fed has raised rates eight times since the end of 2015, six times during Trump’s term and three times since Powell took over the central bank in February.
Trump is one of few Republican politicians and right-leaning officials opposed to the Fed’s efforts to bring interest rates back toward historically neutral levels. The president says he believes the Fed should keep interest rates low to stimulate the already-strong economy.
Interest rate hikes also suppress stock market gains — Trump’s preferred economic scorecard — by raising the price of borrowing and narrowing corporate profit margins.
U.S. stocks have erased their 2018 gains amid a Wall Street sell-off triggered in part by rising rates, along with fading economic growth and the mounting costs of Trump’s tariffs.
The president, however, expressed confidence that the U.S. economy would not enter a recession.
The president has repeatedly pointed to strong economic growth as evidence his policies, such as tax cuts and deregulation, are working.
GM’s announcement this week that it plans to cut 15 percent of its North American workforce could pose a political threat to Trump heading into the 2020 elections. Two plants it plans to shutter are located in Ohio and Michigan, two states Trump won in 2016.

Trump threatens to cut federal incentives for GM’s electric car

President Trump on Tuesday threatened to end General Motors’s federal tax credit for electric vehicles in retaliation for the company’s planned layoffs.

Trump tweeted that he is “very disappointed” with the company’s plans to close up to five manufacturing plants — four of them in the United States, one in Canada — and lay off about 15 percent of its workforce.

“We are now looking at cutting all @GM subsidies, including … for electric cars,” he wrote.

GM’s share price fell on the New York Stock Exchange in the minutes after Trump’s tweet, reaching as low as 3.8 percent below Monday’s closing price.

In a statement on Tuesday afternoon, the automaker said it appreciates “the actions this administration has taken on behalf of industry to improve the overall competitiveness of U.S. manufacturing” and that “many of the U.S. workers impacted” by Monday’s layoff announcement “will have the opportunity to shift to other GM plants.”

“GM is committed to maintaining a strong manufacturing presence in the U.S., as evidenced by our more than $22 billion investments in U.S. operations since 2009. Yesterday’s announcements support our ability to invest for future growth and position the company for long-term success and maintain and grow American jobs,” the company said.

Trump has blasted GM and its CEO, Mary Barra, since the Monday morning layoff announcements and has pledged to take action to prevent the job losses.

It’s unclear what other subsidies might be targeted by Trump, whether he would focus only on GM or end the tax credit altogether. Ending the subsidy would require Congress to pass a new law.

The federal government provides a $7,500 tax break to U.S. consumers who buy electric vehicles. Two GM vehicles qualify for the incentive: the all-electric Chevrolet Bolt and the plug-in hybrid Chevrolet Volt.

Larry Kudlow, Trump’s top economic adviser, on Tuesday also mentioned potentially targeting the electric vehicle credit.

“We are going to be looking at certain subsidies regarding electric cars and others, whether they should apply or not. I can’t say anything final about that, but we’re looking into it,” Kudlow told reporters in a White House briefing before Trump’s tweet.

“Again, that reflects the president’s own disappointment regarding these actions,” he said of the plant closings.

At the same briefing, White House press secretary Sarah Huckabee Sanders was noncommittal on when Trump might make good on his threat.
“I don’t know that there’s a specific timeline,” she said.
“As he said, he’s looking into what those options might look like,” she added. “The president wants to see American companies build cars here in America, not build them overseas, and he is hopeful that GM will continue to do that here.”

As of the third quarter of 2018, GM was less than 4,000 vehicles away from hitting the point at which federal tax credits start to phase out. The phase-out starts when a manufacturer sells 200,000 electric cars.

GM and other automakers are lobbying Congress to lift the 200,000-vehicle limit. Bills in both the House and Senate have been introduced but neither chamber has passed one of the measures.

Support for the tax credit generally falls along party lines, with Democrats in strong support and Republicans opposed. Nonetheless, Sen. Dean Heller (R-Nev.), who lost his reelection fight earlier this month, is the lead sponsor on one bill to lift the cap on the credit.

[The Hill]

Trump defends use of tear gas at the border

President Trump on Monday defended the use of tear gas against asylum seekers at the border, telling reporters that it was a “very minor form of tear gas” and questioning why migrants were trying to cross the border.

“First of all, the tear gas is a very minor form of the tear gas itself. It’s very safe,” Trump told reporters Monday evening in Mississippi.

“But you really say, why is a parent running up into an area where they know the tear gas is forming? And it’s going to be formed and they’re running up with a child,” he added.

Photos circulated on Monday showing women and children at a port of entry near San Diego fleeing tear gas, which was fired by Customs and Border Protection (CBP) agents.

The CBP said in a statement Monday that agents fired the tear gas after migrants attempted crossing the border illegally, some of them throwing rocks at border agents.

Trump earlier Monday said that border agents were forced to fire the tear gas.

“They had to use because they were being rushed by some very tough people and they used tear gas. And here’s the bottom line: nobody’s coming into our country unless they come in legally,” he told reporters.

In his comments Monday evening, Trump also claimed without evidence that some asylum seekers trying to cross the border were only pretending to be parents because of “certain advantages” that come with having a child.

“In some cases, they’re not the parents. These are people — they call them grabbers. They grab a child because they think they’re going to have a certain status by having a child,” he said.

“You have certain advantages in terms of our crazy laws that, frankly, Congress should be changing. If you changed the laws, you wouldn’t be having this problem,” Trump added.

The president also repeated that “violence” from asylum seekers could lead him to closing off the southern border.

“If they do a charge. Because with a closed border, it’s very easy to stop,” he said. “With an open border it’s not. If they do a charge. As you know, we have a big caravan coming up, another one.”

Trump in recent days has threatened to close off the southern border as he has ramped up his claims that the caravan of migrants moving through Mexico present a national security threat to the U.S. and presses for border wall funding to be included in the spending bills under negotiation by Congress.

[The Hill]

Media

Trump on dire warnings in climate report: ‘I don’t believe it’

President Trump said Monday that he doesn’t “believe” the findings of a major report his administration released forecasting dire consequences to the United States from climate change.

“Yeah, I don’t believe it,” Trump told reporters as he left the White House for a campaign rally for Sen. Cindy Hyde Smith (R) in Mississippi, when asked about the predictions of economic devastation.

“I’ve seen it, I’ve read some of it, and it’s fine,” Trump said of the report.

The report, part of the fourth congressionally-mandated National Climate Assessment from the multi-agency Global Change Research Program, came out Friday, the day after Thanksgiving and a major shopping day for the United States. That led critics to charge that Trump was trying to bury the findings.

The hundreds of government and external scientists involved in the research concluded that climate change could cost the United States billions of dollars annually within decades if greenhouse gases aren’t dramatically reduced.

“Without substantial and sustained global mitigation and regional adaptation efforts, climate change is expected to cause growing losses to American infrastructure and property and impede the rate of economic growth over this century,” it found.

The conclusions generally align with the scientific consensus on climate change, including that human activity, via greenhouse gases, is the chief cause of global warming and its impacts.

Trump has been outspoken in doubting the scientific consensus on climate. He tweeted in 2012 that “The concept of global warming was created by and for the Chinese in order to make U.S. manufacturing non-competitive.”

His environmental policy since taking office last year has followed that skepticism. Through the Environmental Protection Agency and other agencies, he has sought to significantly roll back or repeal nearly every climate policy former President Obama put into place, including greenhouse gas rules for power plants, cars and oil and natural gas drillers.

Trump’s position that he doesn’t “believe” the report aligns with some other Republicans who sought to discredit its findings.

Former Sen. Rick Santorum (R-Pa.) said on CNN’s “State of the Union” that scientists involved in the research were motivated to get to their conclusions by money. He did not provide any evidence to back the claim.

“If there was no climate change, we’d have a lot of scientists looking for work. The reality is that a lot of these scientists are driven by the money that they receive,” he said.

Former House Majority Leader Tom DeLay (R-Texas) also charged that scientists were motivated by money.

“Through the entire report, there’s no dissenting opinion. They went out and picked out people that would say what their conclusions they already wrote before they did the report,” he said Monday on CNN. “It’s flawed, it’s ridiculous, and frankly, embarrassing.”

[The Hill]

Media

 

 

 

Trump suggests creating U.S. ‘worldwide network’ to compete with CNN

President Donald Trump on Monday suggested the United States should create a “worldwide network” to combat the “unfair” way the country is treated by the media, saying CNN doesn’t have enough competition overseas.

“Throughout the world, CNN has a powerful voice portraying the United States in an unfair….” the president tweeted. “….and false way. Something has to be done, including the possibility of the United States starting our own Worldwide Network to show the World the way we really are, GREAT!”

CNN has both a domestic and international network.

The U.S. government currently funds Voice of America, an international radio broadcast source. Congress in 2017 eliminated the board of directors for the organization, with a new CEO position created, which is appointed by the president.

Trump has had a tense relationship with the press, including a brief legal battle with CNN after the White House revoked reporter Jim Acosta’s press pass.

[Politico]

Trump Wanted To Illegally Steal Iraqi Oil To Pay for Wars

President Trump twice raised to the Iraqi prime minister the idea of repaying America for its wars with Iraqi oil, a highly controversial ask that runs afoul of international norms and logic, sources with direct knowledge tell me.

  • Trump appears to have finally given up on this idea, but until now it hasn’t been revealed that as president he’s raised the concept twice with Iraq’s prime minister and brought it up separately in the Situation Room with his national security team.

In March last year, at the end of a White House meeting with Iraq’s then-Prime Minister Haider al-Abadi, Trump brought up the subject of taking oil from Iraq to reimburse the United States for the costs of the war there.

  • “It was a very run-of-the-mill, low-key, meeting in general,” a source who was in the room told Axios. “And then right at the end, Trump says something to the effect of, he gets a little smirk on his face and he says, ‘So what are we going to do about the oil?'”

Between the lines: On the campaign trail, Trump complained that the U.S. had spent trillions in Iraq and lost thousands of lives but got “nothing” in return. He lamented that usually in war “to the victor belong the spoils” and he repeatedly said the U.S. should have seized Iraq’s oilfields as reimbursement for the steep costs of the war.

  • Top national security figures from both parties condemned Trump’s idea, calling it outrageous and unworkable — a violation of international law that would fuel the propaganda of America’s foes.

In the March meeting, the Iraqi prime minister replied, “What do you mean?” according to the source in the room. “And Trump’s like, ‘Well, we did a lot, we did a lot over there, we spent trillions over there, and a lot of people have been talking about the oil.'”

Al-Abadi “had clearly prepared,” the source added, “and he said something like, ‘Well, you know Mr. President, we work very closely with a lot of American companies and American energy companies have interests in our country,'” the source added. “He was smirking. And the president just kind of tapped his hand on the table as if to say ‘I had to ask.'”

  • “I remember thinking, ‘Wow. He said it. He couldn’t help himself,'” the source said.
  • A second source who was in the room confirmed this account. “It was a look down and reach for your coffee moment,” the second source said.
  • A third source, who was briefed at the time on the conversation between Trump and al-Abadi, told me the back and forth “made its rounds” around the National Security Council. “It was still early on in the administration, and we were all still trying to figure out how this was going to go, and so it was one of those horror stories … he’s really going to do this.”

Why it matters: Trump’s desire to raid Iraq’s oil is illegal and unworkable. But it reveals a great deal about his approach to the Middle East. Trump remains hellbent on extracting payments from Middle Eastern countries, in the form of natural resources, for the trillions of dollars America has spent since the early 2000s. Bob Woodward and others have reported on the formal steps Trump took to push his team to extract rare minerals from Afghanistan as repayment for the war. (Security concerns have stymied that effort; though Afghan’s leadership was more open to Trump’s pitch than Iraq’s leaders have been.)

Trump’s national security team has mostly pushed back on or ignored these desires to raid Middle Eastern natural resources. The president raised the issue of oil again with al-Abadi on a phone call in the summer of 2017. The conversation was vague and didn’t go anywhere, but H.R. McMaster admonished Trump afterward, according to a source with direct knowledge.

  • In the source’s recollection, the former national security adviser said to Trump, “We can’t do this and you shouldn’t talk about it. Because talking about it is just bad,” the source said, channeling McMaster, “It’s bad for America’s reputation, it’ll spook allies, it scares everybody, and it makes us look like — I don’t remember if he used words this harsh — like criminals and thieves, but that was the point he was trying to get across.”
  • “You won’t be able to do it anyway and you’ll harm our reputation and your own reputation just from talking about it.”

Trump did not react kindly, the source said. “It was frustration that he was trying to get his advisers to do things that he wanted them to do and they were just pushing back.”

The bottom line: It’s not a one-time thing. Two sources described being in the Situation Room in 2017 with Trump, Defense Secretary Mattis and national security officials discussing Iraq. Both said Trump brought up the prospect of seizing Iraq’s oil, and Mattis pushed back.

  • “Trump was like, ‘We’re idiots,'” recalled one of the sources who was in the Situation Room for the conversation. “[Trump] was like, ‘What are we doing there, what do we get out of this, why don’t we take the oil?’… And then Mattis spoke up. Made the same point that H.R. made. There’s no physical way to do it. It would be a violation of international law, it would be demoralizing for allies in the region, it would give our enemies propaganda — they’d be able to accuse us of theft.”

Asked about our reporting, Pentagon chief spokeswoman Dana White said, “We do not discuss internal deliberations, and the secretary’s advice and counsel to the president is private.” And an NSC spokesperson said, “We do not comment on the details of the president’s conversations with foreign leaders.”

[Axios]

Trump Lies in Tweet Ripping ‘Fake 60 Minutes’ Episode on Child Separation: ‘I Tried to Keep Them Together’

On Sunday, 60 Minutes ran a report on Trump’s family separation policy.

Trump quickly replied by calling the segment “fake news.”

“60 Minutes did a phony story about child separation when they know we had the exact same policy as the Obama Administration,” Trump wrote. “In fact, a picture of children in jails was used by other Fake Media to show how bad (cruel) we are, but it was in 2014 during O[bama] years. Obama separated children from parents, as did Bush etc.. because that is the policy and law.”

He added: “I tried to keep them together but the problem is, when you do that, vast numbers of additional people storm the Border. So with Obama separation is fine, but with Trump it’s not. Fake 60 Minutes!”

Trump’s tweet repeats a claim made by Department of Homeland Security Secretary Kirstjen Nielsen and other Trump officials to defend the child separation policy.

Yet, the administration cannot provide statistics to back up their claim that Trump’s policy was the same as Obama’s or other presidents.

In addition, Theresa Cardinal Brown, director of immigration and cross-border policy at the Bipartisan Policy Center noted to FactCheck.org that previous administrations used “family detention facilities, allowing the whole family to stay together while awaiting their deportation case in immigration court, or alternatives to detention, which required families to be tracked but released from custody to await their court date,”  making it clear Trump’s policy is indeed not the “exact same” policy as Trump claimed in his Sunday night tweet.

[Mediaite]

Trump Quotes Fox & Friends Guest to Accuse Clinton of ‘Illegally’ Playing ‘Power Game’ With Foundation

President Donald Trump accused his former opponent Hillary Clinton of using her position as Secretary of State to boost donations to her foundation after watching a Fox & Friends interview on Sunday.

Trump — who is spending his Thanksgiving break at his Mar-a-Lago resort watching cable news and tweeting — sent out the following tweet after watching National Review commentator Andrew McCarthy on Fox:

“Clinton Foundation donations drop 42% – which shows that they illegally played the power game. They monetized their political influence through the Foundation. ‘During her tenure the State Department was put in the service of the Clinton Foundation.’ Andrew McCarthy,” Trump wrote.

The foundation, which works around the world on charitable initiatives like combating AIDS in Africa, was used as a political cudgel against Clinton in the 2016 election by Trump and his supporters, who accused her of influence peddling to fund the non-profit.

Amidst the criticism, Clinton announced in August 2016 that the Clinton Global Initiative, part of the foundation, would be shutting down. In 2017, the year after Clinton’s defeat, donations plunged 58%.

Fox & Friends, which covered the foundation’s woes repeatedly on Sunday morning, interviewed McCarthy — who blamed the drop-off on Clinton’s 2016 loss. Clinton Foundation executives, meanwhile, said the decline was the result of the shuttering of the Global Initiative.

“We anticipated a decline in both revenue and expenses for 2017, largely attributable to the absence of sponsorship and membership contributions for CGI,” a Foundation spokesman told the New York Post.

“Moving forward to 2018, our work has expanded into new fields — for example, establishing a new CGI Action Network on Post-Disaster Recovery; beginning new work with faith leaders to help address the opioid epidemic, particularly focusing on issues of stigma; and forging new partnerships to promote early childhood literacy and development,” said the spokesman.

[Mediaite]

Trump Solicits More Thanks for “President T”

On the Friday after Thanksgiving, the Trump administration conceded in a frightening climate change report that climate change could soon become irreversible and catastrophic, with hundreds of billions of dollars in economic damage forecasted by the end of the century. But President Donald Trump, himself, is thankful for fossil fuels—and wishes you would be, too.

“So great that oil prices are falling (thank you President T),” he tweeted Sunday morning, soliciting gratitude for his political agenda at the end of the Thanksgiving holiday weekend. “Add that, which is like a big Tax Cut, to our other good Economic news. Inflation down (are you listening Fed)!”

Trump’s self regard appears to be instinctual, not ironic. When he was asked Thursday at Mar-a-Lago what he was thankful for, Trump briefly mentioned his family before turning to himself. “For having made a tremendous difference in this country,” he told reporters. “I’ve made a tremendous difference in the country. This country is so much stronger now than it was when I took office that you wouldn’t believe it.

The economy and stock market are indeed up since Trump took office, as he frequently notes. But lower oil prices aren’t necessarily a fortuitous sign. One part of the reason is higher output from Saudi Arabia—a fact that Trump has explicitly linked to his decision to effectively exonerate Saudi Crown Prince Mohammed bin Salman in the brutal killing and dismemberment of Washington Post columnist Jamal Khashoggi. (“Thank you to Saudi Arabia, but let’s go lower!” he wrote in a tweet on Tuesday, calling falling prices “a big Tax Cut for America and the World.”) Another is high output in the U.S. and exemptions from U.S. sanctions on Iran, increasing supply.

But lower prices also reflect weaker demand, raising concerns about the global economy and the prospect of a recession on the horizon. Perhaps that is why Trump paired his Thanksgiving weekend praise for himself with a warning shot at the Federal Reserve, which has been steadily raising interest rates, putting the brakes on the formerly white-hot Trump economy.

[Vanity Fair]

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