From Russian ties to business conflicts of interests, both Democrats and Republicans are actively working to find chinks in the President’s armor.
But for those with hope of change in their hearts, Democrat Senator Diane Feinstein says there is a possibility that Trump will eventually remove himself from office by filing his own resignation.
Speaking to a crowd during a town hall-style Questions and Answers session, Feinstein was asked how Congress is going to deal with Trump’s alleged illegal activities:
Journalist: We don’t know what’s happening but we know that he is breaking laws every day, he’s making money at Mar-a-lago, he’s getting copyrights in China, he has obvious dealings with Russia, the Dakota pipeline… there’s some many things that he’s doing that are unconstitutional… how are we going to get him out?
Feinstein:We have a lot of people looking at this… Technical people… I think he’s going to get himself out… I think sending sons to another country to make a financial deal for his company and then have that covered with government expenses… I think those government expenses should not be allowed.. we are working on a bill that will deal with conflict of interest… it’s difficult…
Videos of Feinstein speaking to what appears to be a local press pool of reporters and protesters appear below. You can jump to 1:30 in the first video to listen to Feinstein discuss Trump’s conflicts of interests, or watch from the beginning to hear Feinstein’s response to how her husband’s firm directly benefited from bills she voted into law, proving once again that the hypocrisy of socialist Congressional representatives from California has no bounds…
In the latest legal setback for the President, moments ago Trump’s latest attempt to temporarily bar new immigrants and refugees from six Muslim-majority nations was blocked by a Hawaii Federal Judge, pushing the young administration toward a second defeat on one of the president’s core campaign platforms.
U.S. District Judge Derrick K. Watson froze the order nationwide
Despite U.S. President Donald Trump’s bluster on “historic tax reform” and $1 trillion in infrastructure investment, his visions still remain short on specifics, while the Congress appears headed to an epic clash over a contentious corporate tax plan.
American stocks surged in euphoria after Trump said Feb. 9 that he would announce something “over the next two or three weeks that will be phenomenal in terms of tax.” Yet his address to a joint session of Congress Tuesday night, his first, contained nothing but generalities — a far cry from the promised “phenomenal” plan.
During the campaign, Trump called for cutting the federal corporate tax rate from 35% to 15%. Republican lawmakers in the House of Representatives have drawn up a proposal of their own that would introduce a 20% border adjustment tax to fund a corporate tax rate cut to 20%. This plan would impose no taxes on exports but would bar companies from deducting import-related costs from taxable income.
Trump has not taken a clear stand on the border adjustment tax, and Tuesday’s address only alluded to the issue. “When we ship products out of America, many other countries make us pay very high tariffs and taxes,” he said. “But when foreign companies ship their products into America, we charge them nothing, or almost nothing.” Read More
Update: shortly after the news hit that various publishing houses are caught in a bidding war over the Obamas’ upcoming memoirs, Penguin Random House issued a press release that it was the winner and will publish forthcoming books by former President Barack Obama and Michelle Obama, concluding a heated auction among multiple publishers.
The terms of the agreement were not disclosed. The Obamas were represented by Robert Barnett and Deneen Howell of Williams & Connolly.
“We are absolutely thrilled to continue our publishing partnership with President and Mrs. Obama. With their words and their leadership, they changed the world, and every day, with the books we publish at Penguin Random House, we strive to do the same,” the chief executive of Penguin Random House, Markus Dohle, said in a statement. “Now, we are very much looking forward to working together with President and Mrs. Obama to make each of their books global publishing events of unprecedented scope and significance.”
What took the Clintons years of confidential speeches before major investment banks and middle eastern clients of the Treasury Department, the Obama’s plan to achieve with just two books. According to the FT, several publishers are participating in a blockbuster auction for the global rights to two books by Barack and Michelle Obama where the bid has reached more than $60 million. The Obamas, who are writing separate books but selling the rights jointly, stand to make a record amount for their presidential memoirs.
Anyone who has taken their children to Disney world in the U.S. has felt the pressure to go on “Mr. Toad’s Wild Ride.” Based on the character from the children’s classic, “The Wind in the Willows,” Mr. Toad is the reckless scion of the largest building in the forest, Toad Hall. Fabulously wealthy, he buys a car to impress his friends, although he has no idea how to drive. He loads his companions into the vehicle, liberally honking the horn as he careens on a path of destruction, heedless of the damage he does and exhilarated by the fear he engenders.
U.S. trade policy is now on “Mr. Toad’s Wild Ride,” with the difference being that the Disney version ends where it began, with no harm done. The Trump administration’s lack of predictability and indifference to global risk is the new normal. Nowhere does President Donald Trump’s trade policy carry a greater risk than in the interplay of the world’s two largest economies, the U.S. and China.
Out of disbelief or disorientation, markets have examined the Trump challenge to U.S.-China trade and concluded it is manageable. That conclusion ignores the consequences of a decisive turn in U.S. policy toward Trump’s version of “America First” isolationism and trade protection, coupled with his apparent animosity toward China and his failure to view the relationship within a wider context. Further, it rejects the belief that the direction of Trump’s China and trade policy is real and durable, even though it was central to the argument that won him the presidency.
Even before he seeks new legislation from Congress, Trump has an impressive range of options in dealing with Chinese trade issues. These include:
The announcement comes amid reports that CNN, MSNBC and other organizations were thinking of boycotting the evening to protest their treatment at the hands of the new administration. This includes being called “a danger to our country” by the president and having their access to officials limited. Buzzfeed, the New York Times, the Los Angeles Times, the New York Daily News, the Hill and Politico were not invited to an off-camera but on-the-record press gaggle with White House Press Secretary Sean Spicer yesterday, a move CNN called “unacceptable.”
The annual dinner at the Washington Hilton, which raises money for journalism scholarships and awards, has turned into a celebrity event that some journalists have criticized as a sign the Washington press is becoming too cozy with the nation’s power structures.
Trump himself was brutally roasted when he attended as a guest in 2011 for pushing the Obama “birther” controversy.
The Trump-Putin honeymoon continues to chill… that is if Trump’s top foreign policy advisors speak for the president, which remains very much unclear.
As discussed yesterday, in the clearest sign yet that when it comes to diplomacy with Russia, there are two clear axes developing within the Trump administration: a Pence/Mattis/Haley foreign policy and a Trump/Bannon/Miller foreign policy, Vice President Mike Pence told the crowd at the Munich Security Conference that he would “hold Russia accountable” even as he vowed “unwavering support” for NATO. This prompted the following interesting scene moments later, as recounted by Bloomberg.
Shortly after Vice President Mike Pence pledged to “hold Russia to account” while looking for common ground in a speech to European allies, a hawkish Russian legislator reached out to shake his hand as he passed through a crowded hotel corridor.
“Mr. Vice President, I am from Moscow and we hope we will reach those arrangements you were talking about,” said Alexei Pushkov, a member of the defense committee in the upper chamber of the Russian parliament. He enthusiastically told reporters afterward that he saw the Vice President’s smile as a good sign.
Trump’s presidency might be second shortest in US history, says Ronald Feinman of Florida Atlantic University. William Henry Harrison holds the record for the shortest administration at 31 days. Trump looks set to beat that in just a couple of days; however, he has yet to outrule James A. Garfield, who was president for 199 days in 1881, but died “after terrible suffering and medical malpractice” when he was shot by an assassin.
If Trump manages to eclipse Garfield, the next contender to beat is Zachary Taylor, who served 16 months and five days for the third shortest presidential term in US history.
According to Feinman, who insisted that Hillary Clinton would win November’s presidential election with a 49 to 44 percent electoral majority, Trump will be either impeached or forced to resign in a matter of weeks. After that, Vice President Mike Pence will take the reins, according to US law.
So why would that happen, one might ask? According to Feinman’s blog post, the greatest sin of Donald Trump is failing to continue acting as US presidents did before him. Feinman cites the “abrupt ending of a phone call to the Australian Prime Minister, [US’s] loyal ally in four wars in the past;” Trump’s “seeming lack of respect for Germany’s Chancellor Angela Merkel;” and “lack of strong support for NATO” as reasons for a possible premature ending to his administration. Feinman does not trouble himself to speculate as to whether the aforementioned respect and support are justified, though. He also names Trump’s puzzling attitude towards the longstanding One-China Policy as another reason he won’t be around long.
It took Obama ten days since he departed the White House one final time to break his promise that he would “stay on the sidelines” regarding Trump’s policies…
… and in his first public statement, the former president the charge that the Trump administration had based his immigration executive order on a policy adopted by his own administration, and endorsed the protests that have been taking place across the country in response to the new restrictions.
Kevin Lewis, Obama’s spokesman, said rejected Trump’s insistence that the decision to temporarily halt refugees from seven Muslim-majority countries and stop all Syrian refugee resettlement in America is similar to a 2011 decision by Obama. “With regard to comparisons to President Obama’s foreign policy decisions, as we’ve heard before, the President fundamentally disagrees with the notion of discriminating against individuals because of their faith or religion.”
As a reminder, over the past 24 hours, Trump has compared his actions to Obama’s 2011 moves to restrict entries from Iraq after two Iraqis were arrested in Kentucky on terrorism charges.
Former Obama administration officials have denied that there was ever a halt to the awarding of visas to Iraqis, though the processing of these applications slowed after they were subject to more intense scrutiny.
Obama’s decision to step back into the public light comes just 10 days after he left office. He joins the chorus of Democrats and mostly tech CEOs criticizing Trump for his decision to temporarily halt refugees from seven Muslim-majority countries and stop all Syrian refugee resettlement in America.
In less than two weeks as president, Donald Trump has signed several executive orders and presidential memoranda, but with the maelstrom that has followed some of them, it is easy to forget the range of them.
Executive order against Obamacare: Throughout the presidential campaign, Mr Trump promised that if elected, he would repeal and replace former President Barack Obama’s Affordable Care Act dubbed Obamacare. Within hours of being sworn in, Mr Trump signed an executive order that said agencies should exercise all their authority to “waive, defer, grant exemptions from, or delay the implementation” of any provision of Obamacare that would impose a cost or burden on states, individuals, insurers or healthcare companies.
Memorandum regarding Mexico City Policy: This move saw Mr Trump reviving a ban on foreign aid to overseas aid organisations that provide or promote abortions.
Presidential Memorandum on government hiring: Mr Trump last Monday ordered a freeze on hiring federal civilian employees but said the order did not apply to military personnel.
Presidential memorandum on the TPP: Withdrawing from the Trans Pacific Partnership and renegotiation other trade deals that he deemed unfair were also part of Mr Trump’s campaign promises. And just days after taking office, he withdrew America from the 12-nation TPP, which had been a signature trade deal for President Obama and part of his pivot to Asia. The move was in keeping with Mr Trump’s promises of “America first”.
Executive order expediting environmental reviews: He also signed an order aimed at speeding up environmental reviews and approvals for high priority infrastructure projects.
Presidential memoranda on pipelines: Last Tuesday, Mr Trump also took steps to advance construction of the Keystone XL and Dakota Access pipelines, that had been rejected by the previous president. Mr Trump said the pipelines would help his campaign promises of creating blue-collar jobs at home and added that portions built in the US would have to use domestically produced steel.
Executive order ‘enhancing public safety in the Interior of the US: The purpose of the order is to enforce immigration laws domestically, giving immigration agencies authority to remove ‘aliens’ they believe could pose a risk to public safety or national security.
Executive order on border security and immigration enforcement: With this order, Mr Trump acted on his campaign promise of a physical wall on the border between Mexico and the US, including all points of entry. Mr Trump also took to Twitter to argue once again the Mexico would pay for the wall, a move that prompted Mexico president Enrique Pena Nieto to call off a planned meeting.
Executive order protecting the nation from foreign terrorist entry: It is Mr Trump’s order to severely restrict immigration from seven predominantly Muslim nations that stirred up rousing protests over the weekend.
Executive order on reducing regulation: The order that has been billed as a move to support local businesses requires that “whenever an executive department or agency (agency) publicly proposes for notice and comment or otherwise promulgates a new regulation, it shall identify at least two existing regulations to be repealed”.
Executive order on ethics commitments: The order signed on Saturday places a five-year lobbying ban on the executive branch of employees.
Presidential Memorandum plan to defeat Isis: On Saturday, Mr Trump also signed a plan to that would require the Secretary of Defense to, within 30 days submit a preliminary plan to defeat Isis.