Politics

In a move that has sparked controversy among some economists, within an hour of being sworn in, Trump undid one of Barack Obama’s last-minute actions, a mortgage-fee cut under a government program catering to first-time home buyers and low-income borrowers. The cut, which would become effective on January 27, would have reduced the annual premium for someone borrowing $200,000 by $500 in the first year, however exposing taxpayers to further losses in case of a spike in defaults.

While the rest of the developed world woke up in a cold sweat on the first official morning of the Trump presidency, the Kremlin said that Russia's Vladimir Putin was ready to meet President Trump but preparations for the possible meeting may take months, not weeks, according to Putin spokesman Dmitry Peskov.

Following yesterday's openly confrontational, deliberately protectionist presidential address by president Trump, which in various circles has been dubbed the "American carnage" speech for obvious reasons, some of Obama's closest foreign friends are scrambling to find a role in a world that has drastically changed in less than 24 hours.

Hundreds of thousands crowds of women, many wearing bright pink knit hats and carrying Starbucks lattes, swamped into downtown Washington, arriving by bus, train and car on Saturday for a march in opposition to U.S. President Donald Trump one day after the Republican took office.

The Washington Post & New York Times Are “Disappointed” in Trump’s Inaugural Address

The Post and Times are beside themselves over President Trump’s forceful attack on the
rapacious and immoral American Ruling Establishment for whom the two pretend newspapers are such faithful servants.

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