Content originally published at iBankCoin.com
Today's hearings were illuminating, in that it shed some light on the mental ailments affecting the democratic party leadership, with regards to pursuing fictitious Russian conspiracy theories, attempting to justify how Hillary Clinton lost to a political upstart -- Donald Trump -- and his handy-dandy twitter account.
A bipartisan bid to block President Trump's recently negotiated $110 billion arms deal with Saudi Arabia failed in the Senate. The effort to stop the weapons sales, authored by Senators Rand Paul and Chris Murphy, fell short on a 47-53 vote, with four Republicans joining most Democrats in voting against it and five Democrats voting to preserve deals that will arm the Saudi Kingdom with some of the most sophisticated equipment available.
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As noted earlier, on Monday evening Christopher Ruddy, chief executive of the conservative news site and TV network Newsmax, caused a media uproar when he said during an interview on "PBS NewsHour" that Trump is thinking about firing special counsel Robert Mueller, the special counsel investigating Russian election interference.
In an otherwise quiet morning as we await Jeff Sessions' testimony, a WSJ article is making the rounds which recounts the interactions between Trump and Janet Yellen - who it turns out were born two months apart in neighboring boroughs of New York City - according to which despite Donald Trump’s fierce criticisms of the Federal Reserve in the final weeks of the 2016 election campaign "the nation’s two most powerful economic-policy players—the president and the leader of the central bank—are "off to a surprisingly smooth start."