In a troubling sign for the president, who over the past several days has threatened to end "bailouts" for insurers and, according to Rand Paul, is contemplating executive action to pursue his quest of repealing Obamacare, some Senate Republicans are now openly defying Trump's directives.
S&P futures have tracked both European and Asian markets lower, which were dragged down by the big EPS miss and guidance cut reported by Amazon on Thursday. Meanwhile, the pounding of the dollar has resumed with the euro and sterling strengthening against the dollar due to renewed political concerns after this morning's stunning failure by the Senate GOP to pass a "skinny" Obamacare repeal after John McCain sided with democrats.
Content originally published at iBankCoin.com
Dianne Feinstein just hugged John McCain
— Jake Sherman (@JakeSherman) July 28, 2017
With the Senate healthcare vote expected sometime between midnight and 2am, moments ago the full text of the Senate "Skinny" bill which may or may not pass, has been released. Here is the summary version of what is hereby known as the "The Health Care Freedom Act":
Right on schedule, President Donald Trump is out with his latest tweet urging Republicans to pass health-care reform: "Come on Republican Senators, you can do it on Healthcare. After 7 years, this is your chance to shine! Don't let the American people down!"
Come on Republican Senators, you can do it on Healthcare. After 7 years, this is your chance to shine! Don't let the American people down!
— Donald J. Trump (@realDonaldTrump) July 27, 2017