White House

Following the chaotic fallout over the firing of FBI Director James Comey, Fox News has just wrapped an interview with POTUS conducted by Judge Jeanine Pirro.  And, just moments ago, we got our first sneak peak at the contents of that upcoming interview when Fox News released a teaser clip of Trump once again threatening to cancel the White House's daily press briefings.

Pirro:  "Are you moving so quickly that your communications department cannot keep up with you?"

 

With the narrative of how the Comey firing went down in constant flux (The White House and President Trump contradicting each other), WSJ reports that Deputy Attorney General Rod Rosenstein pressed White House counsel Don McGahn to correct what he felt was an inaccurate White House depiction of the events surrounding FBI Director James Comey’s firing, according to a person familiar with the conversation.

If you're confused - we don't blame you. Here is how this has played out... we think.

Two days after Trump's termination of James Comey, more details about the circumstances of Comey's departure continue to emerge and the most dramatic highlight from this morning's news wrap comes from the WaPo, which reports that Deputy Attorney General Rod Rosenstein - the man who was instrumental in arranging Comey's termination - may not stay at the DOJ much longer.

National political reporter for Axios, Jonathan Swan, reports that President Trump has been discussing a replacement for Sean Spicer after the White House Press Secretary appeared to have fumbled yesterday's announcement concerning the dismissal of FBI Director James Comey.

I can independently confirm reporting that President Trump has been sounding people out about removing Sean Spicer as Press Secretary. 1/2

— Jonathan Swan (@jonathanvswan) May 11, 2017

In JPM's initial market comment this morning, reacting to the news of Comey firing, the bank said that "as far as the market is concerned, Comey’s dismissal saps Trump’s political capital and weakens relations w/Congress at the time when he is trying to move an ambitious pro-growth agenda through the Senate and House." What JPM was referring to was the potential of substantial incremental delays now facing Trump's parallel reforms, healthcare on one hand and tax reform on the other.