A steady drumbeat of criticism accusing the White House of not doing enough to hasten the federal government’s relief effort in Puerto Rico has metastasized into yet another political dogfight, as President Trump and the White House respond to an outpouring of outrage from celebrities, politicians and local officials over the administration’s purported inaction over the response.
Kevin Warsh's PredictIt odds to be the next Fed chair soared moments ago after the WSJ reported that President Trump and Treasury Secretary Steven Mnuchin met with the former Fed governor on Thursday to discuss his potential nomination as the next Federal Reserve chairman, "a White House official said, signaling that the West Wing is moving ahead with a process that the president has said he would like to have completed by the end of the year."
In immediate reaction, Warsh's odds jumped by 10% to 45% while Janet Yellen's tumbled by 8 to 24%.
This afternoon, during a speech in Indianapolis, President Trump will unveil the long-anticipated Republican tax reform proposal that calls for substantial business and individual tax cuts. As has been leaked previously, the tax plan is anticipated to disclose a 35% individual tax rate (although Congress may push it higher), a tax rate on corporations and pass thrus that will be around 20% and 25% respectively, while doubling the standard deduction to $12,000 for individuals.
Authored by Nomi Prins via TomDispatch.com,
During the 2016 election campaign, Donald Trump repeatedly emphasized that our country was run terribly and needed a businessman at its helm. Upon winning the White House, he insisted that the problem had been solved, adding, “In theory, I could run my business perfectly and then run the country perfectly. There's never been a case like this.”
After months of being pounded for her use of a private email server, and rightfully so given all of her mishandling of classified information and efforts to destroy government property with bleachbit and hammers in an apparent effort to evade FOIA laws, Hillary was apparently a little perturbed to learn the Jared Kushner and other White House officials in the Trump administration have also decided to use their private email accounts to conduct official business. Per ABC: