Politics

Submitted by Matthew McCaffrey via The Mises Institute,

Leaving Goldman Sachs to work for the government has always been a lucrative career move: eight years ago, it allowed former Treasury Secretary Hank Paulson to sell $500 million in Goldman stock tax free, and now its the turn of Gary Cohn, Goldman's former COO and president, who is leaving to join Trump's cabinet, who is departing with an "accelerated" gift.

Submitted by Peter Klein via The Mises Institute,

NPR featured an unintentionally funny piece this week on Donald Trump's views toward the EU and free trade. The guest, former US ambassador to the EU Anthony Gardner, rightfully criticized the president's view that "protection will lead to great prosperity and strength," and called for continued global engagement by US companies and consumers. But he revealed, perhaps inadvertently, what political actors mean by "free trade."  

Having taken on the Keystone pipeline and America's struggling manufacturing sector in a flurry of executive actions on Tuesday, moments ago Reuters reported, citing several congressional aides and immigration experts briefed on the matter, that on Wednesday Donald Trump will sign several executive orders restricting immigration. The president is expected to sign the orders at the Washington headquarters of the Department of Homeland Security, whose responsibilities include immigration and border security.

Caroline Kennedy may be the next Kennedy to run for office. The daughter of former president John F Kennedy is reportedly planning to run for office in New York after serving three years as U.S. ambassador to Japan. Kennedy, 59, was appointed to the position by President Barack Obama in 2013. According to the Associated Press, Trumps transition team had ordered all political appointees to step down by his inauguration day. Bipartisan reports: Kennedy is now left to determine what career path she will take next.