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27 июня, 18:29

МВФ снизил прогнозы роста экономики США из-за политических скандалов

Во вторник МВФ ухудшил прогнозы роста экономики США из-за преследующих с начала года администрацию Дональда Трампа политических скандалов.

27 июня, 18:26

White House taps key Senate aide for Treasury rescue mission

President Donald Trump is planning to nominate a top Senate tax aide to serve in a key role at Treasury as the department struggles with a limited set of senior staff and increasingly strained relations with Republicans on Capitol Hill.The White House has tapped Chris Campbell, staff director for Senate Finance Committee Republicans, to serve as assistant secretary for financial institutions, people close to the matter said.The job is among the most critical at Treasury as the department, led by Steven Mnuchin, tries to push forward some of Trump’s signature goals, including a major tax reform package and sweeping changes to Wall Street regulations. Treasury also faces the need to raise the nation’s borrowing limit in the coming months to avoid a potentially catastrophic default.But Campbell’s departure is bound to raise new questions about the prospects for overhauling the tax code, as well as the future of Senate Finance Chairman Orrin Hatch, 83, who has discussed retiring.Campbell is expected to have a broad portfolio beyond financial regulation such as helping with tax reform negotiations and raising the debt ceiling.Right now, Mnuchin is operating with very few Senate-confirmed senior staff. The administration has not yet nominated a deputy secretary after its preferred candidate, Goldman Sachs executive Jim Donovan, dropped out. There is also no nominee for the critical job of undersecretary for domestic finance or several other top assistant secretary positions.And though the White House calls tax reform a top priority, Trump’s pick for assistant secretary for tax policy — traditionally an administration’s point person on tax policy — is still awaiting Senate confirmation. “It’s really a disaster right now,” said a senior financial services industry attorney who has worked with multiple administrations. “You walk down the halls at Treasury and the offices are mainly empty or there is someone in an acting role.”The issues at Treasury go beyond the lack of confirmed or nominated senior staff.Campbell is expected to try and smooth thorny relations between the department and Capitol Hill. Some Republicans on the Hill have grown frustrated with Treasury in recent months, particularly the role played by top counselor Craig Phillips, a former Hillary Clinton supporter and close friend of Mnuchin, himself a former Democratic donor.“Whenever I engage with a senator or a House member about Treasury, they talk about Craig Phillips and it’s a problem,” said a senior Republican with close ties to both Treasury and Capitol Hill. “There are three major complaints: That he’s a Democrat; that he’s very difficult to work for and work with; and that he’s not well-organized.”Hatch, who is up for reelection next year, has raised the possibility of stepping down, and Campbell’s exit is certain to revive questions about the Utah Republican’s plans. Because the Finance Committee is so central to lawmakers’ efforts to rewrite the tax code, his departure will also spark new questions about the likelihood of reform. It would open a big vacancy on the tax-writing committee, one that comes after the death last year of Jim Lyons, a top aide on the panel.Campbell’s arrival, should he win confirmation, is intended to address some of those concerns and improve coordination between the White House and Capitol Hill as negotiations press forward on tax reform and on adjustments to the Dodd-Frank financial-reform law.A Treasury spokesman declined to comment on complaints about Phillips. Campbell declined comment, and a Finance Committee spokeswoman did not immediately respond to a request for a response.Brian Faler contributed to this report.

27 июня, 17:13

МВФ снизил прогнозы роста экономики США из-за политических скандалов

Во вторник МВФ ухудшил прогнозы роста экономики США из-за преследующих с начала года администрацию Дональда Трампа политических скандалов. Прогноз увеличения ВВП США на 2017-2018 годы снизился до 2,1%, в то время как ранее ожидалось, что рост составит 2,3% в 2017 году и 2,5% в 2018-м, передает «Интерфакс». В указаниях фонда говорится, что экономике США требуются глубокие изменения для устранения неравенства в доходах. В настоящий момент более 50% жителей США зарабатывают ниже, чем в 2000 году, а 13,5% американцев живут за чертой бедности. При этом аналитики МВФ положительно отнеслись к налоговой реформе, которую проводит Дональд Трамп. Напомим, ранее нынешний президент США пообещал провести налоговую реформу в 2017 году. По его словам, американцев ждет в корне другой налоговый кодекс, который будет предусматривать, в частности, снижение налогов для бизнеса. В свою очередь глава американского Минфина Стивен Мнучин в беседе с главой МВФ Кристин Лагард заявил, что объявленная Трампом налоговая реформа может сначала вызвать дефицит бюджета, но в целом послужит укреплению американской экономики.

26 июня, 21:11

For Fun: Stock Market as Barometer of Policy Success

There are a number of observers who think the stock market is the key barometer of policy success.  My view is there are many measures of success - and that the economy needs to work well for a majority of the people - not just stock investors.However, for example, Treasury Secretary Steven Mnuchin was on CNBC on Feb 22, 2017, and was asked if the stock market rally was a vote of confidence in the new administration, he replied: "Absolutely, this is a mark-to-market business, and you see what the market thinks."And Larry Kudlow wrote in 2007: A Stock Market Vote of Confidence for Bush: "I have long believed that stock markets are the best barometer of the health, wealth and security of a nation. And today's stock market message is an unmistakable vote of confidence for the president."Note: Kudlow's comments were made a few months before the market started selling off in the Great Recession. For more on Kudlow, see: Larry Kudlow is usually wrongFor fun, here is a graph comparing S&P500 returns (ex-dividends) under Presidents Trump and Obama: Click on graph for larger image.Blue is for Mr. Obama, Orange is for Mr. Trump.At this point, the S&P500 is up 7.5% under Mr. Trump compared to up 11.9% under Mr. Obama for the same number of market days.

26 июня, 15:30

Министр финансов США женился на актрисе

Министр финансов США Стивен Мнучин сочетался браком с шотландской актрисой Луиз Линтон. На прошедшей в Вашингтоне церемонии присутствовали президент США Дональд Трамп с супругой Меланией, дочерью Иванкой и зятем Джаредом Кушнером.

26 июня, 12:15

Краткосрочно курс рубля может укрепиться до 58,5 за доллар

В мире. Одним из главных событий недели станет голосование по реформе здравоохранения в США, намеченное на четверг, 29 июня. Напомним, что Дональд Трамп намерен упразднить нашумевшую Obamacare, которая неэффективна по мнению новой администрации, и перейти к обновленной системе здравоохранения, призванной увеличить конкуренцию на рынке и снизить цены. В случае одобрения инициативы Трампа, Конгресс США вскоре сможет перейти к дебатам по вопросу налоговой реформы (ожидается, что глава Минфина Стивен Мнучин представит проект реформы 4 сентября). Во вторник 27 июня глава ФРС Джанет Йеллен выступит на конференции, в ходе которой ответит на вопросы, касающиеся проблем мировой экономики. Вероятно, Йеллен не будет делать значимых заявлений, и ее выступление не повлияет на перспективы развития денежно-кредитной политики США, и, следовательно, не приведет рынки в движение.

25 июня, 18:10

TRUMP declines to blame Obama on FOX -- BILL COHAN on how GARY COHN ‘fell for’ Trump -- KOCH network plans to spend 300-400M in ‘18 -- SPOTTED at MNUCHIN’s wedding -- FIELDS/WEINSTEIN nuptials pool report

Good Sunday morning. THE PRESIDENT left the White House at 9:16 a.m. “in golf clothes (white shirt, white cap, dark slacks),” per pooler Alexis Simendinger. “Agents are dressed in their khakis and plaid, baggy, short-sleeved shirts--attire accessorized with ball caps. One was just practicing a pantomimed golf swing in the driveway.” … Trump pulled into Trump National Golf Club in Virginia at 9:51 a.m.STATEMENT FROM PRESIDENT DONALD TRUMP (@realDonaldTrump) at 8 a.m.: “Hillary Clinton colluded with the Democratic Party in order to beat Crazy Bernie Sanders. Is she allowed to so collude? Unfair to Bernie!”-- NOTE: Hillary Clinton became the Democratic Party’s nominee 334 days ago. Trump beat her 229 days ago.MICHAEL KRUSE in POLITICO Magazine, “I Found Trump’s Diary -- Hiding in Plain Sight: Legally risky, undiplomatic and sometimes wrong, Trump’s Twitter feed is a document for the ages. And historians don’t want to lose it”: “In the presumed absence, then, of a more traditional version of the form, Trump’s collected tweets comprise the closest thing to a diary this presidency will produce.“And that is what makes the messages from @realDonaldTrump, almost 800 and counting since January 20, 2017, such a prize to those who care the most about lasting insight into the president and this administration. If @realDonaldTrump was to go dark, and Trump stopped tweeting to his more than 32 million followers, humans and bots alike, the loss from a historical standpoint would be acute.” http://politi.co/2t9dyzXTRUMP ON “FOX AND FRIENDS” SUNDAY MORNING -- PETE HEGSETH: “Who’s been your biggest opponent? Has it been Democrats resisting? Has it been fake news media? Has it been deep state leaks? What’s -- when you think about it, what holds it up the most? --” … TRUMP: … “One of the things that should be solved, but it probably won’t be, is that the Republicans and Democrats don’t get together. And I’m open arms; but, I don’t see that happening. They fight each other. The level of hostility. In other words, this isn’t just Trump, this has been like this for years. You’ve been doing this for a long time, it’s been like that for a long time. But the level of hostility – as an example, the healthcare bill that you are reporting on and that everybody’s reporting on.”-- TRUMP WAS TEED UP, BUT DECLINES TO BLAME OBAMA: HEGSETH: “How frustrating is it to have former President Obama there, out there leading the resistance?” TRUMP: “Well I think -- I don’t think he’s leading it. He actually just put out a small statement. I don’t see that leading it. But other people are leading.”-- TRUMP HITS WARREN … AGAIN: HEGSETH: “How do you overcome that when someone like Senator Warren – Elizabeth Warren literally says ‘People are going to die because of President Trump’s health-care bill’?” TRUMP: “Well I actually think she’s a hopeless case. I call her Pocahontas, and that’s an insult to Pocahontas. I actually think that she is just somebody that’s got a lot of hatred, a lot of anger.”WHAT TO WATCH FOR THIS WEEK -- “Will Anthony Kennedy step down from the Supreme Court?” by AP’s Mark Sherman: “The Supreme Court enters its final week of work before a long summer hiatus with action expected on the Trump administration’s travel ban and a decision due in a separation of church and state case that arises from a Missouri church playground. The biggest news of all, though, would be if Justice Anthony Kennedy were to use the court’s last public session on Monday to announce his retirement.“To be sure, Kennedy has given no public sign that he will retire this year and give President Donald Trump his second high court pick in the first months of his administration. Kennedy’s departure would allow conservatives to take firm control of the court. But Kennedy turns 81 next month and has been on the court for nearly 30 years. Several of his former law clerks have said they think he is contemplating stepping down in the next year or so. Kennedy and his clerks were gathering over the weekend for a reunion that was pushed up a year and helped spark talk he might be leaving the court.” http://bit.ly/2t5rBWQ-- KELLYANNE CONWAY on ABC’S “THIS WEEK”: CONWAY: “I will never reveal a conversation between a sitting justice and the president or the White House, but we’re paying very close attention to these last bit of decisions. And I can tell you one thing, just as the president did with Justice Neil Gorsuch, whenever there are vacancies, whenever that happens, he will look for somebody who has fidelity to the constitution, who doesn’t make up the law as they go along, and somebody who has the judicial temperament and a record that's beyond reproach, as did Justice Gorsuch.“We just hope the next time we can get more than a handful of Democratic senators to vote for our nominee to the Supreme Court and to the federal courts. We’d like a lot more cooperation from our Democratic friends. We know obstruction and resistance is their motto. It's not working. And it’s not working for the American people, Supreme Court nominations and otherwise.”THE BIG PICTURE -- “The weakest defense in Washington? Saying ‘I don’t recall’,” by Darren Samuelsohn: “Some of President Donald Trump’s closest confidants seem to be suffering from an affliction common in high-stakes White House investigations: memory loss. In his recent testimony before the Senate Intelligence Committee concerning his role in the unfolding Russia saga, Attorney General Jeff Sessions answered questions with some variation of ‘I do not recall’ more than 20 times. Amnesia is often a favorite response from witnesses in criminal and congressional investigations, and it’s often the most truthful reply—but people caught up in scandals can wind up facing perjury or other charges if prosecutors can later show they were intentionally trying to dodge tough questions.” http://politi.co/2t5ihSQHOW TIMES CHANGE -- “Freedom Caucus holds fire on Senate Obamacare repeal bill,” by Kyle Cheney and Rachael Bade: “The most hardline conservatives in the House are taking an unusually cautious approach to the Senate's Obamacare replacement, promising to keep an open mind about whatever their colleagues across the Capitol send back. It’s a change in strategy for the House Freedom Caucus. When House leaders first released a health care bill in February, for instance, group members took to television talk shows to pan the plan as ‘Obamacare lite,’ furious that it didn't, in their eyes, do enough to unravel the 2010 health care law.“They also threatened to withhold their support until changes were made, and later won concessions. For now, those hardball tactics have disappeared. As the Senate looks to pass its own health care legislation this week, those same House conservatives are taking a more measured approach -- even as several conservatives in the Senate are currently balking at the bill.” http://politi.co/2u2UDDFBUT, BUT, BUT … “Senate health-care bill faces serious resistance from GOP moderates,” by WaPo’s Juliet Eilperin and Amy Goldstein: “A small group of moderate Republican senators, worried that their leaders’ health-care bill could damage the nation’s social safety net, may pose at least as significant an obstacle to the measure’s passage as their colleagues on the right. The vast changes the legislation would make to Medicaid, the country’s broadest source of public health insurance, would represent the largest single step the government has ever taken toward conservatives’ long-held goal of reining in federal spending on health-care entitlement programs in favor of a free-market system.“That dramatic shift and the bill’s bold redistribution of wealth — the billions of dollars taken from coverage for the poor would help fund tax cuts for the wealthy — is creating substantial anxiety for several Republican moderates whose states have especially benefited from the expansion of Medicaid that the Affordable Care Act has allowed since 2014.” http://wapo.st/2sPOf36-- WHO TO WATCH: Sens. Lisa Murkowski (R-Alaska), Shelley Moore Capito (R-W.Va.), Rob Portman (R-Ohio), Cory Gardner (R-Colo.) and Dean Heller (R-Nev.).-- THE PROBLEM: Senate Majority Leader Mitch McConnell is going to have to cajole and lean on moderate and conservative senators to find enough votes. While he may be able to tweak the bill on the margins to bring some of the lawmakers on board -- and lawmakers will be able to add amendments to the underlying bill text -- it’s unclear if he’ll be able to thread the needle for passage next week. As we wrote earlier this week, McConnell is going to put this bill up for a vote no matter what -- he wants lawmakers on the record.KOCH WATCH -- “Koch network ramps up political spending while trying to push Trump team,” by Kevin Robillard in Colorado Springs, Colorado: “The leadership of the Koch brothers' network is brushing off its occasionally chilly attitude toward President Donald Trump, trying to nudge the administration in its direction as the group’s annual summit began Saturday just after Charles Koch met with Vice President Mike Pence. The network of conservative donors announced Saturday it plans to spend between $300 million and $400 million on politics and policy during the 2018 cycle. …“The millions from the Koch network and its wealthy allies will boost the Trump administration on some key priorities, especially tax reform and rolling back regulations. It also will help push back against others — especially Attorney General Jeff Sessions’ desire to implement tough-on-crime policies — and working to make Obamacare repeal efforts more conservative. And they could prove critical to Republican efforts to retain the House and expand a majority in the Senate.” http://politi.co/2t9Ii4k-- “Koch chief says health care bill insufficiently conservative,” by AP’s Steve Peoples: “Tim Phillips, who leads Americans For Prosperity, the Koch network’s political arm, called the Senate’s plans for Medicaid ‘a slight nip and tuck’ of President Barack Obama’s health care law, a modest change he described as ‘immoral.’ ‘This Senate bill needs to get better,’ Phillips said. ‘It has to get better.’” http://apne.ws/2sFaGtsFOR YOUR RADAR -- “Trump allies push White House to consider regime change in Tehran,” by Michael Crowley: “As the White House formulates its official policy on Iran, senior officials and key Trump allies are calling for the new administration to take steps to topple Tehran’s militant clerical government. Supporters of dislodging Iran’s iron-fisted clerical leadership say it’s the only way to halt Tehran’s dangerous behavior, from its pursuit of nuclear weapons to its sponsorship of terrorism.“Critics say that political meddling in Iran, where memories of a 1953 CIA-backed coup remain vivid, risks a popular backlash that would only empower hardliners. That’s why President Barack Obama assured Iranians, in a 2013 speech at the United Nations, that ‘we are not seeking regime change.’ But influential Iran hawks want to change that under Trump. ‘The policy of the United States should be regime change in Iran,’ said Sen. Tom Cotton (R-Ark.), who speaks regularly with White House officials about foreign policy. ‘I don’t see how anyone can say America can be safe as long as you have in power a theocratic despotism,’ he added.” http://politi.co/2tINGIF-- “Trump’s Team Faces Reality in the Middle East,” by the Times of Israel’s Herb Keinon: “Washington is adopting a much different approach to peacemaking than the previous administration, a sign that it has learned from US President Barack Obama’s mistakes. And the mother of all Obama’s mistakes on the Israeli-Palestinian issue came when -- just a few months after being sworn into office -- he made a very clear demand for Israel to stop all settlement activity, everywhere ... The Trump administration is taking a different approach. It is making no public demands ... And, all the while, it is probing the sides to see what they are – and are not – willing to give, and then trying to see if there are ways to bridge the gaps. And it is doing this all very much behind closed doors, without megaphone diplomacy, without public threats of laying down an American blueprint, or dangling promises of high-profile summits.” http://bit.ly/2u398Y5COMING ATTRACTIONS -- “U.S. top court set to rule on religious rights; travel ban looms,” by Reuters’ Lawrence Hurley: “The U.S. Supreme Court is set to rule on Monday in a closely watched religious rights case involving limits on public funding for churches and other religious entities as the justices issue the final rulings of their current term. The nine justices are due to rule in six cases, not including their decision expected in the coming days on whether to take up President Donald Trump’s bid to revive his ban on travelers from six predominantly Muslim countries in which an emergency appeal is pending. Of the remaining cases argued during the court’s current term, which began in October, the most eagerly awaited one concerns a Missouri church backed by a conservative Christian legal group. The ruling potentially could narrow the separation of church and state.” http://reut.rs/2s9V9ylTHE JUICE ....-- SPOTTED AT STEVEN MNUCHIN and LOUISE LINTON’s WEDDING last night at the Mellon Auditorium: President Donald Trump (in black tie) and First Lady Melania Trump, Vice President Mike Pence (who officiated) and Karen Pence, Jared Kushner and Ivanka Trump, Reince Priebus and Sally Priebus, DHS Secretary John Kelly, CIA director Mike Pompeo, Interior Secretary Mike Zinke, Transportation Secretary Elaine Chao, HUD Secretary Ben Carson and Candy Carson, Education Secretary Betsy DeVos, Commerce Secretary Wilbur Ross, EPA Administrator Scott Pruitt, Agriculture Secretary Sonny Perdue, U.S. Trade Representative Robert Lighthizer, National Security Advisor H.R. McMaster, White House Counsel Don McGahn and Shannon McGahn, deputy national security advisor Dina Powell and David McCormick ...... Sean and Rebecca Spicer, Kellyanne Conway, Canadian Finance Minister Bill Morneau, John Paulson, Jim Donovan, Steve Roth, Eddie Lampert, Woody Johnson, Lee Eisenberg, Sen. Orrin Hatch (R-Utah), Tom Barrack, Eli and Jenna Miller, Stephen Miller, House Majority Whip Kevin McCarthy, C. Boyden Gray, Brad and Candice Parscale, Tommy Hicks, Reed Cordish, Rudy Giuliani, Richard and Karen LeFrak and Harrison LeFrak, Bill Paxon and Susan Molinari, Mike Shields and Katie Walsh, Ken Duberstein, Anthony Scaramucci. Seafood was served during cocktail hour, along with filet for dinner and a big white wedding cake. There was lots of beautiful flowers at the wedding, ballerinas performed, bagpipes and then a big band and many people hit the dance floor, according to attendees. Full report from Darren Samuelsohn, Rebecca Morin and Cristiano Lima http://politi.co/2t8w9MZ … 25 photos on one page http://dailym.ai/2sEIl6A-- MNUCHIN was spotted with three agents at DCA early this morning -- he was dropping off one of his kids at the airport.-- WE REPORTED YESTERDAY THAT REP. ADRIANO ESPAILLAT (D-N.Y.) filed a financial disclosure form that listed a checking account with between $5 million and $25 million. His office said he filed the report in error, and the account has between $1,000 and $15,000. The new report has not yet showed up on the clerk’s website.SUNDAY BEST -- GEORGE STEPHANOPOULOS speaks to SENATE MINORITY LEADER CHUCK SCHUMER (D-N.Y.) on ABC’S “THIS WEEK” -- STEPHANOPOULOS: “Are they going to pass this bill?” SCHUMER: “I think it’s 50-50. First, Democrats, we are doing everything we can to fight this bill because it’s so devastating for the middle class. I think they have, at best, a 50-50 chance of passing this bill. To get three senators to vote no, probably -- you can say yes, you can say no, probably 50-50.”-- BRIT HUME talks with HHS SECRETARY TOM PRICE on “FOX NEWS SUNDAY” -- PRICE: “What we’re trying to do here, admittedly, is to thread a needle to make it so that, as the president says, every single American needs to be able to have access to the kind of coverage that they want,” Price said, adding that conversations with Republican holdouts are ongoing. “That’s the nature of the legislative process and that’s what we’ll be working through this week.” More from Patrick Temple-West, whose birthday is today http://politi.co/2t5LvB6-- DANA BASH speaks with OHIO GOV. JOHN KASICH on CNN’S “STATE OF THE UNION” -- BASH -- HE’S OPPOSED TO THE SENATE GOP HEALTH CARE BILL: “OK. So, given the problems that you just laid out, do you think that Senator Portman of Ohio should vote no?” KASICH: “Well, I -- I don’t think the bill's adequate now. And unless it gets fixed, I would -- look, I’m against it. And I’m not against it just because I want to be against it. There’s some things in these bill -- in these bills, in these -- in these provisions that are an improvement. My job, as I see my job as a governor of the state, not as a Republican governor, but the governor of this state, my job is to look not just today, but in the out years, at the impact it's going to have on people who have -- who need help.“Dana, I was at a restaurant on Friday. And I was at a Wendy’s, actually. And I was -- there was a partition. And I looked over at the people that had gathered there. And there were about, I don’t know, 25 kids. All of them were here in Columbus for Special Olympics. And I looked at them and I thought, are these people being served? Are they going to be served by this bill in the future? My conclusion right now is no.”-- CHUCK TODD speaks to SEN. RON JOHNSON (R-WISC.) on NBC'S "MEET THE PRESS": JOHNSON -- ON HEALTH CARE: "[W]hat I'd like to do is slow the process down, get the information, go through the problem-solving process, actually reduce these premiums that have been artificially driven up because of Obamacare mandates. So let's actually fix the problem. But in the end, I come from manufacturing base. I will look at whatever I'm forced to vote on, and I'll ask myself, 'Is this better tomorrow than where we are today? Is it continuous improvement?' And that's what will guide my decision."DEEP DIVE -- WILLIAM D. COHAN in August’s Vanity Fair, “The Untold Story of How Gary Cohn Fell for Donald Trump”: “While [Lloyd] Blankfein was recuperating, Cohn seemed to delight in the attention and adulation he received when he filled in for his boss on earnings calls, industry presentations, and media events, such as The New York Times’s DealBook Conference. That’s when, some say, he became overconfident and decided to inquire of several of his fellow board members about becoming C.E.O., even as Blankfein was responding well to his chemotherapy treatments. ‘Gary made a play to replace Lloyd,’ according to a former Goldman partner. It didn’t work. The board was ‘noncommittal’ to Cohn, he continues. ‘There’s a lot of loyalty to Lloyd on the board.’ ...“The timing was perfect for Jared Kushner, Trump’s son-in-law, to pounce. He approached Cohn, supposedly at the suggestion of mutual friends. ‘Jared Kushner has always been a little starstruck with Goldman Sachs people,’ says a former Goldman partner who knows him well. ‘He’s always liked that sort of promotional edginess that Goldman Sachs has had, and he’s always liked the reputation that Goldman Sachs has the best people, quote unquote, the smartest, savviest people. The idea, by the way, that Jared was suddenly in a position where he actually had the power to call on and hire and lure a number of people like that to the bench side, if you will, was a very, very intoxicating, enticing, and really kind of exciting thing to him,’ the former partner continues. ‘This was an incredibly sort of convenient and opportune kind of thing that came along for Gary because—whether he was going to Washington or not—Gary was out.’” http://bit.ly/2u3jTd1MATT VISER in the Boston Globe, “Jared Kushner got his start as Somerville landlord”: “At 19, he was in the training-wheels stage of his career as a developer, learning as he went, making his share of mistakes, acquiring a landlord’s tough edge and cool calculus -- traits he still manifests in the White House. Learning to fix up and flip clusters of low-end apartment buildings, he used Somerville as his own private laboratory. And he passed the first key test -- he made a profit. Of course, he had a headstart. Much as Trump began his career of deals with a multimillion-dollar boost from his father, Kushner started out with his wealthy father acting as senior partner and offering crucial assistance -- including helping secure $9 million in mortgage loans….“And his efforts paid off -- the properties he bought for $8.3 million sold four years later for $13 million. But Kushner, who did not respond to requests for an interview to discuss his business record in Somerville, also made a number of rookie errors and left numerous angry tenants in his wake. His properties amassed 25 housing complaints over four years, including complaints about overflowing dumpsters, pests, and sewage odors, according to the Globe review. Tenants complained of what they called nonsensical financial dealings. Some renters say they went an entire winter without heat.” http://bit.ly/2t5dGjuWHAT ERIC HOLDER IS READING -- “Analysis indicates partisan gerrymandering has benefited GOP,” by AP’s David Lieb: “The 2016 presidential contest was awash with charges that the fix was in: Republican Donald Trump repeatedly claimed that the election was rigged against him, while Democrats have accused the Russians of stacking the odds in Trump’s favor. Less attention was paid to manipulation that occurred not during the presidential race, but before it — in the drawing of lines for hundreds of U.S. and state legislative seats. The result, according to an Associated Press analysis: Republicans had a real advantage.“The AP scrutinized the outcomes of all 435 U.S. House races and about 4,700 state House and Assembly seats up for election last year using a new statistical method of calculating partisan advantage. It’s designed to detect cases in which one party may have won, widened or retained its grip on power through political gerrymandering. The analysis found four times as many states with Republican-skewed state House or Assembly districts than Democratic ones. Among the two dozen most populated states that determine the vast majority of Congress, there were nearly three times as many with Republican-tilted U.S. House districts.” http://apne.ws/2s5voE7BUSINESS BURST -- “Facebook Is Going Hollywood, Seeking Scripted TV Programming,” by WSJ’s Joe Flint and Deepa Seetharaman: “Facebook to Hollywood: Let’s do lunch. Social networking giant Facebook Inc. is moving its ambitions in TV-quality video to the front burner, taking meetings and making deals with an eye toward launching a slate of original programming by the end of summer, people familiar with the matter said. In meetings with major talent agencies including Creative Artists Agency, United Talent Agency, William Morris Endeavor and International Creative Management Partners, Facebook has indicated it is willing to commit to production budgets as high as $3 million per episode, people familiar with the situation say.” http://on.wsj.com/2rQ6OmzBEYOND THE BELTWAY -- POLITICO Magazine’s “America’s 11 Most Interesting Mayors”: Eric Garcetti, Los Angeles … Hillary Schieve, Reno, Nev. … Kevin Faulconer, San Diego … Greg Fischer, Louisville, Ky. … Marty Walsh, Boston … Michael Hancock, Denver … Jennifer Roberts, Charlotte, N.C. …Tomás Regalado, Miami, Florida … Jackie Biskupski, Salt Lake City, Utah ... Bill Peduto, Pittsburgh … Dan Gilbert, the shadow mayor of Detroit. http://politi.co/2sEZm0wBONUS GREAT WEEKEND READS, curated by Daniel Lippman, filing from Palm Beach, Florida:-- “My Father’s Fashion Tips,” by Tom Junod in GQ: “In 1996, in a piece that was nominated for a National Magazine Award, Tom Junod wrote not only of his dad’s impeccable style but also of the secrets -- and underwear rules -- of a lost generation.” http://bit.ly/2szLZP8-- “Deepest Dive Ever Under Antarctica Reveals a Shockingly Vibrant World,” by Laurent Ballesta in July’s NatGeo: “Our special report offers a rare look at life beneath the frozen continent -- where penguins, seals, and exotic creatures thrive.”With 15 pix on one page http://on.natgeo.com/2s2rV9e (h/t Blake Hounshell)-- “Crimson Tidings: The primordial color gets its due,” by Elizabeth Powers in the Weekly Standard: http://tws.io/2rLD4qR (h/t ALDaily.com)-- “The Wages of War Without Strategy,” by Robert Cassidy and Jacqueline Tame on the Strategy Bridge: “In its wars since 11 September 2001, the United States has arguably cultivated the best-equipped, most capable, and fully seasoned combat forces in remembered history. They attack, kill, capture, and win battles with great nimbleness and strength. But absent strategy, these victories are fleeting. Divorced from political objectives, successful tactics are without meaning.” http://bit.ly/2szMg4p-- “This Is How Big Oil Will Die,” by Seth Miller in NewCo: “It’s 2025, and 800,000 tons of used high strength steel is coming up for auction. The steel made up the Keystone XL pipeline … [which at] its peak ... carried over 500,000 barrels a day for processing at refineries in Texas and Louisiana. But in 2025, no one wants the oil.” http://bit.ly/2szZhLp-- “Supertasters Among the Dreaming Spires,” by Dan Rosenheck in 1843 Magazine: “Every Oxford taster is a scientist in one form or another, ranging from endearingly geeky to absurdly so ... Cambridge [tasters] were methodical, precise and pragmatic – much like Cambridge. Whereas Oxford had people who grew up with wine. They’d just taste and say: Oh, that’s obviously Bordeaux.” http://bit.ly/2rLo5NI -- “Camille Paglia: On Trump, Democrats, Transgenderism, and Islamist Terror,” by The Weekly Standard’s Jonathan V. Last: “Today’s liberalism has become grotesquely mechanistic and authoritarian: It’s all about reducing individuals to a group identity, defining that group in permanent victim terms, and denying others their democratic right to challenge that group and its ideology. Political correctness represents the fossilised institutionalisation of once-vital revolutionary ideas, which have become mere rote formulas.” http://tws.io/2szPMfe (h/t TheBrowser.com)-- “Confessions of a Cartel Hit Man,” by Martin Corona in Men’s Journal: http://mjm.ag/2tDcVvH-- “Can We Blame the Mafia on Lemons?” by Cara Giaimo in Atlas Obscura: “Lemon trees need well-fertilised soil, steady water, and protection from wind and extreme temperature, which come at great cost. Trees need to be coddled for seven or eight years before they produce enough lemons to sell. When they do bear fruit, it’s easy enough for people to steal it.” http://bit.ly/2t0xjJl-- “The 2017 Jefferson Lecture -- Powerlessness and the Politics of Blame” --Martha C. Nussbaum at the Kennedy Center on May 1: “The Greeks and Romans saw a lot of anger around them. But they did not embrace or valorise anger. They did not define manliness in terms of anger, and tended to impute it to women, whom they saw as lacking rationality. However much they felt and expressed anger, they waged a cultural struggle against it, seeing it as destructive of human well-being and democratic institutions.” http://bit.ly/2tDB5X4-- “About Tomorrow,” by Bruce Wexler in E-Flux: “Human beings differ from other animals with regard to ... post-natal neuroplasticity in two important ways. First, our brains are more immature at birth and susceptible to environmental shaping to a greater degree and for a longer time. Second, humans are the only animals that shape and reshape the environments that shapes their brain. This powerful combination is the basis of cultural evolution, and of most features of human minds, behavior and communities.” http://bit.ly/2sL8uPwSPOTTED: Former Vice President Joe Biden on Saturday, with a small Secret Service detail, on the Acela out of New York. He got off in Wilmington, rocking a pair of sunglasses, one earbud in and carrying a briefcase -- “looking as relaxed and cool as ever,” per our tipster.OUT AND ABOUT -- Susan Glasser and Peter Baker hosted a farewell party last night at their house for Indira Lakshmanan and Dermot Tatlow, who are moving to St. Petersburg, Florida, next week as Indira takes up her post as Craig Newmark Chair in Journalism Ethics at The Poynter Institute for Media.SPOTTED: German Amb. Peter Wittig and Huberta von Voss-Wittig, Afghan Amb. Hamdullah Mohib and Lael Mohib, Judy Woodruff and Al Hunt, Marty Baron, Andrea Mitchell, Nihal Krishan, Nancy Cook and Christopher Rowland, former Pakistani Amb. Husain Haqqani and Farahnaz Ispahani, Mike Oreskes and Geraldine Baum, former U.S. Ambs. Melanne and Phil Verveer, former U.S. Amb. Steve Sestanovich, Katharine Weymouth, Mark Landler, Julie Davis, David Sanger, Margaret Carlson, Juliet Eilperin, Laura Meckler, Ben Chang, Christina Sevilla and Steve Rochlin, Justin Kenny, Heidi Crebo-Rediker and Doug Rediker, Dana Thomas, Amanda Downes, David Rennie, Jonas Parello-Plesner, Bay Fang, Steve Heuser, Mary Louise Kelly, Manuel Roig-Franzia and Ceci Connolly, Nicole Raben, Denise Couture.-- SPOTTED at a surprise birthday party last night for Ziad Ojakli at Kellari Taverna on K Street: Sumya Ojakli, Angela Flood, Alison Jones, Mercy and Matt Schlapp, David and Gretchen Hobbs, Bruce Andrews, Pam Thiessen, Nick Calio and Eric Ueland.-- SPOTTED on the rooftop of The Brixton for a mini-reunion of alumni of the Obama administration NSC: Terry Szuplat, Eric Pelofsky, Dan Schneiderman, Jon Wolfsthal, Yael Lempert, Michael Sessums, Ben Chang, Salman Ahmed, Evan Medeiros, Bernadette Meehan, Meg Doherty, Stacey May, Andrew Scott, Matt Kaczmarek, Brian Nilsson.SPOTTED at Ron and Sara Bonjean’s annual “Good Pants Ranch Summer Party” yesterday in Purcellville, Va. (a camel made an appearance): Paul Kane, Jo Maney, John Scofield, Dana Bash, Anne Brady, Matt Dornic and Kyle Volpe, Doug Heye, Emily Miller, Fran Decker, Jared Allen and Jackie Kucinich, Kenny Day, Rebecca Haller, Sheldon and Shannon Bream, Matt Wolking, Tom Williams, David and Jenny Drucker, Chris Bond, Dan Ronayne, Tracey and Nick Lintott, Jim Richards and Brian Walsh.--The RNC held their summer meeting this weekend at the Four Seasons Hotel in downtown Chicago, Illinois. SPOTTED: Vice President Mike and Mrs. Karen Pence, Speaker Paul Ryan, Sen. Tom Cotton (R-Ark.), Rep. Marsha Blackburn (R-Tenn.), Rep. Michael Burgess (R-Texas), RNC Chairwoman Ronna Romney McDaniel, RNC co-chairman Bob Paduchik, RNC chief of staff Sara Armstrong, Arkansas state chairman Doyle Webb, Ohio state chairwoman Jane Timken, Hunter Wallace and Suhail Khan.WEEKEND WEDDINGS -- MICHELLE FIELDS married JAMIE WEINSTEIN in a ceremony yesterday at the Breakers in Palm Beach. Dinner and dancing was held in the Mediterranean Ballroom overlooking the Atlantic Ocean. Fields is a Breitbart and HuffPo alum who now runs JMW Strategies with Weinstein, a commentator and host of “The Jamie Weinstein Show” podcast. They met as reporters at the Daily Caller. They served crab cakes, lobster tail medallions, sliced beef tenderloin, and citrus panko crusted sea bass along with huge ice-cream sundaes (there were also two tomato bars in a pre-dinner reception because Jamie is a big fan of tomatoes). Partiers hoisted Fields and Weinstein in the air during the hora. Colorful performers dancing on stilts also were a hit. The couple is flying out to Europe today on their honeymoon: they’ll visit Italy and Morocco and take a river cruise from Budapest to Munich.SPOTTED: Juleanna Glover hitting the dance floor early with Christopher Reiter, Benny Johnson shaking hands with Oliver Darcy (who had written critical pieces on IJR), bridesmaids Lauren Hagen, Betsy Woodruff, and Kathryn Lyons, Will Rahn, Taylor Lorenz, Ben Jacobs, Olivia Nuzzi, Asawin Suebsaeng and Liz Brown, Jonathan Swan, Vince and Alison Coglianese, Tim Lim, Josiah Ryan, Matt Lewis andErin DeLullo, Katelyn Rieley Johnson, Alex and Nancy Pappas, Jonathan and Anna Beth Strong, Mike Dunkle, Mitchell Sutherland, Guy Benson, Amber Smith.--PICS http://bit.ly/2rQjf1M … http://bit.ly/2t9fjx9 ... http://bit.ly/2sPQu6O …http://bit.ly/2sEZpt2 … First kiss http://bit.ly/2u3cWJ2 … First dance http://bit.ly/2u3enHq … The decadent cake http://bit.ly/2sPMqU3-- Politico reporter (and author of Morning Energy) Anthony Adragna married longtime girlfriend Meghan Cassidy in a ceremony at the historic St. Francis Hall in Northeast D.C. on Saturday evening. Cassidy is a teacher at Gonzaga High School who just graduated from a master’s program at Georgetown. The couple met in summer 2013, hit it off after being set up on a blind date by mutual friends and have been together ever since. Pool report: “The couple exchanged vows outdoors, surrounded by the lush greenery of the historic Renaissance-style hall, built in 1931. The lively reception featured everything from the Isley Brother’s Shout to Taylor Swift’s Shake It Off and had guests young and old on the dance floor all night long.” Pics http://bit.ly/2t8YfHp ... http://bit.ly/2t9Pld0SPOTTED: Heather Caygle and Aaron Lorenzo, Brian Fung and Ryan Kellett, Mikaela Lefrak, Dean Scott and Rachel Leven--“Kristin Donnelly, Rick Bosh” -- N.Y. Times: “The bride, 36, is a White House producer in Washington for NBC News. She graduated from Syracuse. ... The groom, 36 and known as Rick, is a producer for ‘Andrea Mitchell Reports’ on MSNBC. He graduated from Southern Methodist University. ... The couple met in March 2010 when they worked as producers for day programming at MSNBC.” With pic http://nyti.ms/2u2PMlS--“Pia Carusone, Leanne Pittsford”: “Ms. Carusone, 37, is a political consultant and a senior adviser to Americans for Responsible Solutions, a Washington-based gun violence prevention organization, founded by Gabrielle Gifford and Mark Kelly. Ms. Carusone was until June 2012 the chief of staff to Ms. Giffords, then an Arizona congresswoman. Ms. Carusone is also a founder of Republic Restoratives Distillery, which is also in Washington and makes vodka, bourbon and rye whiskey. She graduated from Bard College and is now a governor of the school’s alumni association. ... Ms. Pittsford, 36, is the chief executive of Start Somewhere, a company in Washington that operates Lesbians Who Tech and two other programs aiming to increase diversity in the technology sector. She graduated from California Polytechnic State University-San Luis Obispo, and received a master’s degree in education with a concentration on equity and social justice from San Francisco State University.” With pic http://nyti.ms/2t8yfvQBIRTHWEEK (was yesterday): Kirsten Hughes, chair of the MassGOP (hat tip: Natalie Boyse)BIRTHDAYS: WSJ and POLITICO alum Patrick O’Connor, now with CGCN Group, is 41 ... CNN’s Betsy Klein ... Josh Lahey, principal of the Podesta Group, who once hiked all 2,100 miles of the Appalachian Trail starting in Georgia and ending in Maine … Justice Sonia Sotomayor is 63 ... civil rights activist James Meredith is 84 ... Anthony Bourdain is 61 ... Jeremy Bearer-Friend, Sen. Elizabeth Warren’s tax policy maven, moving to NYC this fall to teach tax law at NYU (h/t Alex Levy) ... tech guru Laurent Crenshaw, YELP’s director of public policy, is 37 --he celebrated Friday evening at a pop-up party inside of the National Union Building on 9th and F st NW with some of Capitol Hill’s finest (h/t Stewart Verdery) ... Politico’s Patrick Temple-West ... N.Y. Post’s Reuven Fenton ... Rep. Leonard Lance (R-NJ) is 65 ... Dan Meyers, VP at DCI Group ... John Randall, VP of digital at CRAFT ... Robert Harvey ... Jackie Bradford, pres and GM of NBC4 in DC ... Danielle Doheny is 3-0 ... CBS and Reuters alum Corbett Daly, bro of Uncles Matthew and Brendan ... AP alum John Heilprin, now senior journalist and editor for the int’l service of the Swiss Broadcasting Corp. ... Ambassador Melanne Verveer ... Tita Freeman ... Alan McQuinn ... former Rep. Carolyn Kilpatrick (D-Mich.) is 72 ...... Scott Zumwalt, senior director at Bully Pulpit Interactive, is 33 … Alan McQuinn, ITIF's research analyst (h/t Samantha Greene) ... John Randolph Thornton, author of the novel “Beautiful Country,” is 26 ... John Meyer ... Dan Spinelli ... Eric Litmer ... Taylor Haulsee ... Alberto “Beto” Cardenas of Vinson & Elkins ... Abbie Sorrendino of Senate Rules …Gretchen Yelmini … Bryan Bernys ... IAVA alum John Alexander Nicholson ... Mike Gehrke … Jon Carson … Summer Oesch … Jason Stephany … Martha Vukelich-Austin … Marc Caplan … Mora Segal … Heidi Johnson (h/ts Teresa Vilmain) … James Michael Thornberry ... Hank Greenwald, famed for his long run as the SF Giants baseball play-by-play man ... Ted Pease is 62 ... Carly Simon is 72 ... Phyllis George is 68 ... Ricky Gervais is 56 (h/ts AP)

25 июня, 01:39

Trump joins A-list crowd at Treasury Secretary Steven Mnuchin's wedding

The administration was well-represented on the guest list.

24 июня, 09:48

House Dems Go At Deutsche Bank Again For Info On Trump Loans And Russia

function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); House Democrats are stepping up pressure on Deutsche Bank to access information on President Donald Trump’s multimillion-dollar loans from the institution. In a letter sent to the bank’s lawyers this week, leading House Financial Services Committee Democrats including California Rep. Maxine Waters rejected the institution’s claims that it could not legally release details of the loans for privacy reasons. Last month, the Democrats demanded information about the estimated $340 million in loans since 2012 made to Trump by the bank, which is paying out huge sums to settle allegations of money laundering involving billions of dollars in Russian money. The Democrats asked if any of the Trump loans were linked to alleged money-laundering operations, or if any Russians had guaranteed the president’s loans. Deutsche Bank has reportedly loaned over $2 billion to companies affiliated to Trump since the 1990s, and it continued to loan millions to him even though he defaulted on one of his loans to the bank.  The German global banking and financial services company agreed in January to pay $630 million to U.S. and British regulators to settle investigations into fraudulent mirror stock trades that Russian account holders used as a suspected cover to launder some $10 billion. The president’s elder daughter, Ivanka Trump, her husband, Jared Kushner, and Kushner’s mother, Seryl Stadtmauer, are also clients of the bank. Deutsche Bank cited privacy laws when it refused the Democrats’ request to release the information this month. However, representatives of the Financial Services Committee, as well as members of the Subcommittee on Monetary Policy and Trade, the Subcommittee on Oversight and Investigations, and the Subcommittee on Terrorism and Illicit Finances say that U.S. privacy laws do not apply in this case.  Such legislation isn’t applicable when information is called for by members of Congress, the Democrats’ latest letter states. In addition, disclosure of a client’s information is permitted if it “may yield information indicating potential criminal or fraudulent conduct” or may “prevent actual or potential fraud [or] unauthorized transactions.” And Trump could simply direct the bank to share the information, according to the letter, which is also signed by Reps. Dan Kildee (D-Mich.), Gwen Moore (D-Wis.), Al Green (D-Texas) and Ed Perlmutter (D-Colo.). “Given President Trump’s repeated assertions that he does not have ties to Russia, such disclosure would ostensibly be in his interest,” the Democrats say in the letter. They have asked the bank to respond by Thursday. Deutsche Bank’s lawyers told the Guardian that they would respond to the latest letter “in due course.” The Democrats also wrote a letter last month to Treasury Secretary Steven Mnuchin requesting that the Treasury Department’s Financial Crimes Enforcement Network provide records of Trump’s financial ties to Russia, as well as those of his family members and associates. Mnuchin has so far not responded. New York’s Department of Financial Services fined Deutsche Bank  $425 million and mandated an independent monitor track bank programs to guard against money-laundering schemes. An investigation by the U.S, Department of Justice is ongoing. type=type=RelatedArticlesblockTitle=Related Coverage + articlesList=585cde8ee4b0eb586485f3c0 -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

24 июня, 09:48

House Dems Go At Deutsche Bank Again For Info On Trump Loans And Russia

function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); House Democrats are stepping up pressure on Deutsche Bank to access information on President Donald Trump’s multimillion-dollar loans from the institution. In a letter sent to the bank’s lawyers this week, leading House Financial Services Committee Democrats including California Rep. Maxine Waters rejected the institution’s claims that it could not legally release details of the loans for privacy reasons. Last month, the Democrats demanded information about the estimated $340 million in loans since 2012 made to Trump by the bank, which is paying out huge sums to settle allegations of money laundering involving billions of dollars in Russian money. The Democrats asked if any of the Trump loans were linked to alleged money-laundering operations, or if any Russians had guaranteed the president’s loans. Deutsche Bank has reportedly loaned over $2 billion to companies affiliated to Trump since the 1990s, and it continued to loan millions to him even though he defaulted on one of his loans to the bank.  The German global banking and financial services company agreed in January to pay $630 million to U.S. and British regulators to settle investigations into fraudulent mirror stock trades that Russian account holders used as a suspected cover to launder some $10 billion. The president’s elder daughter, Ivanka Trump, her husband, Jared Kushner, and Kushner’s mother, Seryl Stadtmauer, are also clients of the bank. Deutsche Bank cited privacy laws when it refused the Democrats’ request to release the information this month. However, representatives of the Financial Services Committee, as well as members of the Subcommittee on Monetary Policy and Trade, the Subcommittee on Oversight and Investigations, and the Subcommittee on Terrorism and Illicit Finances say that U.S. privacy laws do not apply in this case.  Such legislation isn’t applicable when information is called for by members of Congress, the Democrats’ latest letter states. In addition, disclosure of a client’s information is permitted if it “may yield information indicating potential criminal or fraudulent conduct” or may “prevent actual or potential fraud [or] unauthorized transactions.” And Trump could simply direct the bank to share the information, according to the letter, which is also signed by Reps. Dan Kildee (D-Mich.), Gwen Moore (D-Wis.), Al Green (D-Texas) and Ed Perlmutter (D-Colo.). “Given President Trump’s repeated assertions that he does not have ties to Russia, such disclosure would ostensibly be in his interest,” the Democrats say in the letter. They have asked the bank to respond by Thursday. Deutsche Bank’s lawyers told the Guardian that they would respond to the latest letter “in due course.” The Democrats also wrote a letter last month to Treasury Secretary Steven Mnuchin requesting that the Treasury Department’s Financial Crimes Enforcement Network provide records of Trump’s financial ties to Russia, as well as those of his family members and associates. Mnuchin has so far not responded. New York’s Department of Financial Services fined Deutsche Bank  $425 million and mandated an independent monitor track bank programs to guard against money-laundering schemes. An investigation by the U.S, Department of Justice is ongoing. type=type=RelatedArticlesblockTitle=Related Coverage + articlesList=585cde8ee4b0eb586485f3c0 -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

24 июня, 00:52

Technology Week Recap

This week was Technology Week at the White House, and the Trump Administration held events focusing on modernizing government technology and stimulating the technology sector. On Monday, the White House invited major tech leaders and university presidents for the inaugural summit of the American Technology Council. Hosted by the White House's Office of American Innovation, the event consisted of multiple breakout sessions to discuss ways to modernize the government by retiring out-of-date legacy systems and increasing the use of shared services. On Tuesday, United States Secretary of the Treasury Steven Mnuchin and Director of the National Economic Council Gary Cohn held a listening session with technology leaders to discuss tax reform in the United States and the implications of a new tax plan on the technology sector. On Wednesday, President Trump traveled to Cedar Rapids, Iowa. He toured Kirkwood Community College and spoke about agricultural innovation and empowering the American farmer. On Thursday, the White House hosted the American Leadership in Emerging Technology Event, where American tech industry leaders demonstrated technologies like advanced drones and 5G wireless networks to the President. On Friday, President Trump signed the Department of Veterans Affairs Accountability and Whistleblower Protection Act of 2017. After a successful week of addressing American innovation and meeting with leaders of the technology sector, next week the Trump Administration will turn its focus to energy.

23 июня, 20:51

Конгресс напал на еще один след «связи Трампа с Россией»

По информации CNN, на этот раз под подозрение попал его экс-советник и основатель SkyBridge Capital Энтони Скарамуччи, который якобы обещал главе Российского фонда прямых инвестиций договориться о снятии санкцийКонгресс США расследует связи Дональда Трампа с Российским фондом прямых инвестиций (РФПИ). Комитет сената по разведке заинтересовался встречей бывшего советника президента и основателя SkyBridge Capital Энтони Скарамуччи и главы Российского фонда прямых инвестиций Кирилла Дмитриева, сообщает CNN. На встрече Скарамуччи якобы обещал договориться о снятии антироссийских санкций, введенных США. Беседа состоялась на экономическом форуме в Давосе за четыре дня до инаугурации Трампа.С просьбой о расследовании к министру финансов США Стивену Мнучину обратились сенаторы-демократы Элизабет Уоррен из Массачусетса и Бен Карден из Мэриленда. Их взволновали высказывания Скарамуччи в интервью агентству Bloomberg, которое он дал на следующий день после встречи с Дмитриевым. «Я сказал [...]

23 июня, 18:57

De Blasio: I'm 'much less hopeful' about working with Trump

New York Mayor Bill de Blasio said Friday he has largely given up hope that he will be able to work with the Trump administration on any policy issues. “I am much less hopeful,” de Blasio, a Democrat, told POLITICO New York’s Laura Nahmias in an on-stage interview in Miami. “Look, I had massive disagreements with the platform Donald Trump ran on and the things he said about the people of this country and obviously the people of my city. But again, there was that hope immediately after the election that maybe there would be moderation, maybe some things were rhetoric, other things would be different in practice.” “Sadly, we have not seen that,” he continued. “The rhetoric has actually played out in practice.”“The hope for some moderation, for some balance, is largely gone,” he added, citing Trump’s actions on immigration and the health care proposal making its way through Congress.De Blasio said he last spoke with a representative from the administration about six weeks ago, when he discussed issues including health care, infrastructure, the budget and tax policy with Treasury Secretary Steven Mnuchin. The mayor said he raised his concerns that the administration’s proposals, like those on health care and the budget, would harm the economy.The mayor said he intends to keep a dialogue open “to the extent I can” on issues such as security for Trump Tower, “but if you're talking about the big policy areas, I think the action is entirely in the Congress, from my point of view.”“It's clear the White House is not trying to work with mayors,” he said.De Blasio, who is trying to work with other mayors to lobby against the Republican health care bill unveiled in the Senate on Thursday, offered a sharp critique of that proposal, arguing that it represents a “clear and present danger” for cities and their residents.“You're talking about fundamentally undermining health care in our cities,” he said.The mayor criticized Republicans for pushing to vote on the bill next week and urged them to slow down and moderate the proposal. De Blasio also sounded off on the current state of the Democratic Party. He said Democrats need to unite behind a “consistent” progressive economic message to win in 2018, which he said they failed to do in 2016 despite having what he described as the right platform. Asked who the party’s de facto leader is right now, he said there isn’t one, though he praised Senate Minority Leader Chuck Schumer (D-N.Y.), as the most visible leader who has “really rallied the troops effectively.” “We don’t have a singular leader at this moment, and we don’t have a singular message,” de Blasio said.He declined to weigh in on whether New York Gov. Andrew Cuomo, frequently discussed as a possible presidential candidate, would be the right person to run in 2020.

23 июня, 18:00

The GOP's trillion dollar tax problem

With the border tax near death, Hill Republicans and the White House face tough choices.

23 июня, 17:57

Fearing Border Tax, Retailers Boost Lobbying 31 Percent

by Kennett Werner It’s been a remarkably tough year for the retail sector. So far in 2017, retailers have set a record pace for bankruptcies and store closings. Household names are faring no better than small shops: J.C. Penney said it would shutter 138 locations in July; Macy’s expects 68 locations to close this year; and Sears Holdings will turn off the lights at over 170 Kmart and Sears stores. Since January, 50,000 retail jobs have been cut. Credit ratings agency Moody’s added to an already-grim outlook when, earlier this month, its list of U.S. retailers at risk of bankruptcy rose to 22. That’s higher than the 19 at-risk retailers singled out during the financial crisis. Amid this gloomy picture, retailers are lobbying more than ever. Lobbying expenditures rose by 31 percent in the first quarter of 2017 compared with the same period last year. So far in 2017, retailers have spent $16.4 million lobbying Congress. They spent $45.8 million last year. Retailers are pushing for “anything that puts money in the consumer’s pocket,” says Howard Davidowitz, an independent retail consultant. That means tax cuts are a top priority. It’s little surprise that lobbying spiked as Republican leadership in the House has called for a border adjustment tax. To encourage domestic production, the controversial tax arrangement would tax exporters at a lower rate than importers by allowing companies to deduct the cost of American-made goods from taxable revenue. Retailers, whose products are mostly imported, would be hard hit under the proposal. They argue that consumers would ultimately bear the cost of such a tax—to the tune of $1,700 each year—through higher prices. Retailers jumped into action to oppose the bill. CEOs of Target, Best Buy, and J.C. Penney, among others, met with President Trump in February. Retailers joined oil refiners and automakers to launch Americans for Affordable Products, an advocacy group that has aired ads criticizing the tax proposal. (Companies that primarily export, like Boeing and Dow Chemical, formed their own group—the American Made Coalition—in opposition.) Testifying before the House Ways and Means Committee, Target CEO Brian Cornell estimated that Target’s tax rate would increase by 40 percent with a border tax. He added that Target’s customers—“middle-class working families whose budgets are already stretched”—would bear the brunt through price hikes. Cornell got a sympathetic response from Rep. Erik Paulsen (R-Minn.), who once worked for Target and now represents the company’s home district. Paulsen said he could not support border adjustment in its current form. Behind the scenes, Target has spent $1.3 million lobbying just this year—jumping from number ten to number four in lobbying outlays among retailers since 2016, when it spent $1.7 million. Those efforts have kept border adjustment at bay. In an interview with CNBC last month, Treasury Secretary Steven Mnuchin criticized the scheme for creating an uneven playing field with “different impacts on different companies.” In private he has signaled to lawmakers that the tax proposal does not have White House backing. But retailers will not rest easy until they’ve killed off talk of border adjustment for good. That hasn’t happened yet: Border adjustment is tied to corporate tax reform, a centerpiece of the Republican agenda. (Authors of the Republican tax blueprint claim that border adjustment will raise $1 trillion in tax revenue over a decade, which will be necessary to offset revenue losses from their goal of a significantly lower headline corporate tax rate.) On Tuesday Speaker Paul Ryan (R-Wis.) made clear that he plans to push ahead with a tax overhaul in 2017. Earlier this month, House Ways and Means Committee Chairman Kevin Brady (R-Texas) said he wants to see border adjustment phased in over five years. Another lobbying issue for retailers is a digital sales tax. Here retailers are divided: On one side are remote sellers that have no obligation under federal law to collect and remit tax on Internet sales. On the other side are big-box retailers and Amazon, which do charge sales tax. In April, senators reintroduced a bill known as the Marketplace Fairness Act to address the discrepancy. (It passed the Senate in 2013 but never made it to the House.) The National Retail Federation, a trade group that has spent $2.3 million lobbying this year, backs the bill. A digital sales tax seems low on the list of lawmaker priorities. Mired in debates over healthcare and corporate tax reform, “Congress has bigger fish to fry,” says Richard Pomp, a law professor at the University of Connecticut. Part of the retail lobbying frenzy this year is due simply to the fact that there’s a new administration, adds Davidowitz, the consultant. “There’s a tremendous amount of change being talked about. It would be understandable that you want to get the word in as quickly as you can to the new people.” -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

23 июня, 12:47

The next big bill that could be written in secret

Senior administration officials and congressional leaders have suggested that the upcoming tax reform measure will largely be shaped among themselves behind closed doors.

23 июня, 00:00

Days, Lifespans To Get Shorter

function onPlayerReadyVidible(e){'undefined'!=typeof HPTrack&&HPTrack.Vid.Vidible_track(e)}!function(e,i){if(e.vdb_Player){if('object'==typeof commercial_video){var a='',o='m.fwsitesection='+commercial_video.site_and_category;if(a+=o,commercial_video['package']){var c='&m.fwkeyvalues=sponsorship%3D'+commercial_video['package'];a+=c}e.setAttribute('vdb_params',a)}i(e.vdb_Player)}else{var t=arguments.callee;setTimeout(function(){t(e,i)},0)}}(document.getElementById('vidible_1'),onPlayerReadyVidible); Senate Republicans unveiled their Obamacare replacement bill today, which would drastically increase the number of uninsured but also the ability of rich people to buy boats. Rand Paul said he would refuse to vote for the bill because nobody had let him cut it up with a chainsaw. And President Trump revealed that he doesn’t have any tapes of his conversations with James Comey. He previously revealed that he is a birther who says vaccines cause autism. This is HUFFPOST HILL for Thursday, June 22nd, 2017: Like what you read below? Sign up for HUFFPOST HILL and get a cheeky dose of political news every evening! BREAKING: THE SENATE HEALTH BILL TAKES FROM POOR, GIVES TO RICH - The secret is out! Jeffrey Young and Jonathan Cohn: “Americans are finally getting a look at the much-anticipated, heretofore-secret Senate Republican health care bill. As expected, the bill released Thursday amounts to a massive rollback of the federal commitment to promote health care access and would instead pay for hundreds of billions of dollars in tax cuts for corporations and the wealthy. The Congressional Budget Office isn’t expected to weigh in on the Senate bill, dubbed the Better Care Reconciliation Act, until next week. That means there’s no official accounting of what the legislation would do to the health care system, how many people stand to lose their coverage and how much the federal government would spend on health care programs. And the 142-page bill consists of complex legislative language that will require days for other analysts to fully digest. But the plain truth already is clear: This legislation would result in millions of people losing their health benefits and would shrink the safety net over time. Wealthy people and health care companies would see their taxes go down. And although some consumers may pay less for insurance, an untold number of people wouldn’t have access to the coverage and medical services they have under the existing health care law.” [HuffPost] The House version of the bill remains extremely unpopular. BUT IS IT GOOD FOR THE CRUZ? Adam Cancryn, Burgess Everett and Jennifer Haberkorn: “Just hours after Republicans were briefed on the bill, four conservatives put out a statement saying they were withholding their support for the plan. A number of moderate GOP senators, meanwhile, said they were still poring through the the 142-page bill, which was crafted after weeks of work behind closed doors.... GOP Sens. Ted Cruz, Ron Johnson, Mike Lee and Rand Paul said in a statement Thursday that they are ‘not ready’ to support the measure, though they remained open to voting for it after further negotiations. ‘It does not appear this draft as written will accomplish the most important promise that we made to Americans: to repeal Obamacare and lower their health care costs,’ they said.” [Politico] @MEPFuller: John Thune: “I’m not sure that Rand will ever be there.” QUESTION MARKS - Matt Fuller: “The biggest question marks in McConnell’s gambit to get 50 Republican senators are those who have not said where they stand. Sen. Susan Collins (R-Maine) released a statement that raised ‘a number of concerns,’ particularly over the effect on insurance premiums and the changes to Medicaid. But she said she was reserving judgment until the Congressional Budget Office released a score of the bill. Sen. Lisa Murkowski (R-Alaska), who sped out of the meeting Thursday morning, is unlikely to comment before she better understands how the legislation affects Alaska, which would greatly suffer as a result of changes to how individual insurance plans would be subsidized. Both senators have also expressed frustration that the legislation may defund Planned Parenthood, which, as written Thursday, the legislation would. Sen. Dean Heller (R-Nev.), perhaps the most vulnerable Republicans up for re-election in 2018, has also said he had ’serious concerns about the bill’s impact on the Nevadans who depend on Medicaid.′ He may end up opposing the bill, particularly if it’s clear McConnell doesn’t have the votes for passage.” [HuffPost] OBAMA WEIGHS IN - From the former president’s Facebook page: “The Senate bill, unveiled today, is not a health care bill. It’s a massive transfer of wealth from middle-class and poor families to the richest people in America. It hands enormous tax cuts to the rich and to the drug and insurance industries, paid for by cutting health care for everybody else.” [Facebook] @ericawerner: John Cornyn: “I can’t imagine a more transparent and open process.” THIS SUCKER COULD BECOME LAW - We talked about the Republican health care bill’s prospects on the HuffPost Politics podcast. CONGRATS TO ‘VERY SMALL OLD COUNTRY BOY’ - Sam Levine: “President Donald Trump quietly announced Wednesday evening he intended to appoint three more people to a commission to investigate voter fraud, but two of the people he wants to appoint don’t seem to have any expertise in voting issues or elections. ... In a Thursday interview, [former Arkansas Democratic state lawmaker David] Dunn sounded openly stunned he was chosen for the role and admitted he did not have any expertise in elections or voting issues. ′I don’t know why this has fallen on my shoulders,′ he told HuffPost, adding that he was concerned about voters’ access to the polls, particularly in rural areas of the state. ′I’m just a very small old country boy from Arkansas in this bigger commission with Vice President Pence, and I’m just going to do the best I can, to be honest.’” [HuffPost] Like HuffPost Hill? Then order Eliot’s book, The Beltway Bible: A Totally Serious A-Z Guide To Our No-Good, Corrupt, Incompetent, Terrible, Depressing, and Sometimes Hilarious Government PELOSI FEISTY - Igor Bobic: “House Minority Leader Nancy Pelosi (D-Calif.) on Thursday defended her leadership amid growing frustration within her caucus in the wake of a stinging special election loss in Georgia. Some Democratic lawmakers and political operatives have said Pelosi contributed to Democrat Jon Ossoff’s loss to Karen Handel in the race for Georgia’s 6th Congressional District on Tuesday. Republicans aired numerous ads tying Ossoff to the San Francisco congresswoman, who, like other congressional leaders, is viewed unfavorably across the country. ′My decision about how long I stay is not up to them,′ Pelosi told reporters on Capitol Hill, adding that she welcomed the prospect of a fight. ‘I love the arena. I thrive on competition, and I welcome the discussion.’” [HuffPost] Does somebody keep forwarding you this newsletter? Get your own copy. It’s free! Sign up here. Send tips/stories/photos/events/fundraisers/job movement/juicy miscellanea to [email protected] Follow us on Twitter - @HuffPostHill PRESIDENT CLEARS UP CONFUSION HE CAUSED FOR NO REASON - Dan Merica and Jeff Zeleny: President Donald Trump did not record his conversations with fired FBI Director James Comey, he tweeted on Thursday, ending weeks of speculation kick-started by the President himself. ’With all of the recently reported electronic surveillance, intercepts, unmasking and illegal leaking of information, I have no idea whether there are ‘tapes’ or recordings of my conversations with James Comey, but I did not make, and do not have, any such recordings,′ Trump tweeted. The statement ended speculation about whether the President recorded conversations in the Oval Office. Comey, who Trump fired last month, said he had hoped there were recordings of their conversations.” [CNN] PRESIDENT BLAMES PREDECESSOR FOR RUSSIAN HACKING (IF TRUE) - Sam Levine: “Trump’s tweet came a day after Jeh Johnson, who served as secretary of homeland security under President Barack Obama, testified that Russian President Vladimir Putin had directed officials to interfere in the U.S. election. The intrusion, Johnson said, was ′a fact, plain and simple.′ Johnson’s testimony on Russian intrusion is consistent with the assessment of several U.S. intelligence agencies, including the FBI, CIA and National Security Agency. Despite the overwhelming consensus within the intelligence community, White House press secretary Sean Spicer said Thursday that he didn’t know if Trump believed Russia was behind the attacks.” [HuffPost] BERNIE SANDERS SAYS WE’RE DRIFTING TOWARD TOTALITARIANISM - Woe if true. Dave Weigel: Sen. Bernie Sanders (I-Vt.) warned that the Trump administration’s approach to governance was putting the United States on ′a drift toward authoritarianism,′ arguing that criticism of the media and new restrictions on voting rights were making the country less democratic. ′Our country is moving in an authoritarian direction and the very nature of American democracy is under attack,′ Sanders said Thursday morning at the Carnegie Endowment for International Peace. ‘His rhetoric has the effect of casting grave doubts on the electoral process in our country, and delegitimizing any president who might follow him — just as he tried to delegitimize the president who preceded him.’” [WaPo] MEMBERS OF CONGRESS DON’T KNOW HOW TO USE COMPUTERS -  Eliot Nelson: “We’re living in a veritable golden age of political tech literacy (or long, national nightmare, depending on your view) ― just this week, three Senate Democrats live-streamed their hunt for the GOP Senate’s Obamacare replacement. However, some House Armed Services Committee staffers worry that its members didn’t get the memo. Staffers for Rep. Walter Jones (R-N.C.) sent committee staff a PDF with VERY LITERAL instructions on how their bosses should navigate and update an internal Windows directory containing NDAA amendments. In the PDF, members are instructed how to use their laptops’ touchpad (‘You will only need to use the LEFT mouse button to DOUBLE CLICK on the files. DO NOT USE THE RIGHT mouse button.’) and arrow keys (‘Use the UP and DOWN arrows pictured here to scroll up or down to read the amendment.’). Attached to both instructions are photos of a laptop’s  touchpad and keyboard.” [Read the PDF] BECAUSE YOU’VE READ THIS FAR - The Bad News Babes won last night’s Congressional Women’s Softball Game. PIZZAGATE SHOOTER GOING TO PRISON - The people who pushed the theory continue to be rich and unashamed. Ryan Reilly: ”A North Carolina man who took a gun to a family-oriented pizza restaurant in northwest D.C. so he could look into a conspiracy theory that the eatery was home to a child sex trafficking ring was sentenced on Thursday to four years in federal prison. Federal prosecutors sought 4.5 years for Edgar Maddison Welch, who pleaded guilty in March in connection with the December 2016 attack. They argued a stiff sentence would ‘deter other would-be vigilantes’ who might be motivated by ‘the next internet-inspired conspiracy theory.’ They said Welch “traumatized the employees and customers” of Comet Ping Pong, and that ‘his crimes affected an entire community, leaving many people feeling threatened.’ The time he has already spent behind bars, including nearly two months in solitary confinement, will count toward his sentence.” [HuffPost] RICH PERSON PREFERS OTHER RICH PEOPLE -  Trump did not state his view on people who are neither poor nor billionaires. Eugene Scott: “President Donald Trump offered an explanation Wednesday for why he has one of the wealthiest Cabinets in history. ‘I love all people ― rich or poor ― but in those particular positions, I just don’t want a poor person,’ he said at a rally in Cedar Rapids, Iowa. ‘Does that make sense? If you insist, I’ll do it ― but I like it better this way.’ Trump named billionaire Wilbur Ross, who has made a fortune cobbling together dying companies, as his commerce secretary, and Todd Ricketts, part of the billionaire family that owns the Chicago Cubs, as deputy commerce secretary. The Cabinet also includes billionaire Betsy DeVos as his pick for education secretary and Treasury Secretary Steven Mnuchin is a former Goldman Sachs executive.” [CNN] COMFORT FOOD - Trusty’s is one of D.C.’s best dive bars. - Two female elephants dramatically rescue a baby elephant from drowning. - A cop dressed as Batman stopped a man from stealing the “LEGO Batman” movie.   TWITTERAMA @ashleyfeinberg: as someone who majored in communications AND english, it is now up to me to explain the dynamics of the healthcare legislative process 1/384 @trillballins: Hello, I am BonerGoku420, an expert on healthcare policy online @danwlin: TRADITIONAL GOP SENATOR: I will vote for this billCONCERNED GOP SENATOR: I have Very Serious Concerns. I will vote for this bill. @mattyglesias: Interestingly there ARE tapes of Donald Trump promising to cover everyone, cut deductibles, and lower premiums. Got something to add? Send tips/quotes/stories/photos/events/fundraisers/job movement/juicy miscellanea to Eliot Nelson ([email protected])     -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

21 июня, 12:06

Санкции против России мешают нефтяникам из Америки

Москва, 21 июня - "Вести.Экономика". Американские нефтяные компании оказались не готовы к санкциям против России: они им мешают и являются препятствием на пути прибыли. Но самым обидным для нефтяников США является тот факт, что европейские компании уже начали игнорировать санкции.

21 июня, 08:30

21.06.2017 08:30 : США ввели очередные санкции в отношении ряда российских компаний и граждан

Новый санкционный список появился на сайте Минфина США накануне. В числе прочих в него попали и высокопоставленные российские чиновники. Санкции введены против российской частной военной компании «Вагнер». В списке не указано, где она базируется, как не приводится и  деталей о связанных с ней лицах. Но фигурантом списка стал предполагаемый глава «Вагнера» Дмитрий Уткин. В опубликованном перечне – бизнес-структуры и несколько банков. Из-за работы в Крыму в него вошли «Индустриальный сберегательный банк», банки «Рублев», «Северный кредит», «Ярославич» и  Черноморский банк развития и реконструкции. Есть там и структуры, связанные с лидером байк-клуба «Ночные волки» Александром Залдостановым — охранный холдинг «Волк» и принадлежащее Хирургу ООО «Байк. В. Центр». Они тоже подпадут под заморозку финансовых активов. В постановлении американского финансового ведомства говорится, что связи с ситуацией на Украине в список лиц особых категорий включены замминистр экономического развития Сергей Назаров. Фигурирует в перечне спецпредставитель президента России по взаимодействию с организациями соотечественников за рубежом Александр Бабаков. Фирмы бизнесмена Евгения Пригожина, которого прежде называли «ресторатором президента Путина», тоже в санкционной обойме. Ограничения затронут несколько дочерних компаний «Транснефти» и организации самопровозглашенных ДНР и ЛНР — например, Центробанки этих республик. В связи с конфликтом на Украине США в общей сложности ввели санкции против 407 компаний и 160 человек. Глава американского Минфина Стивен Мнучин заявил, что такие меры должны обеспечить давление на Россию для выполнения Минских соглашений.

21 июня, 08:10

Санкции против России мешают нефтяникам из Америки

Американские нефтяные компании оказались не готовы к санкциями против России, они им мешают и являются препятствием на пути прибыли. Но самым обидным для нефтяников США является тот факт, что европейские компании уже начали игнорировать санкции.

20 января, 17:30

Трамп прийде, порядок наведе!

В должность 45 президента США вступает Дональд Трамп, часто сравниваемый с Рональдом Рейганом Давайте взглянем на его кабинет и на него самого более пристально WASP,пресвитерианец, изоляционист, консерватор (в хорошем смысле этого слова) и натоящий мужик!

01 декабря 2016, 06:45

Команда Трампа. Голдман Сакс снова на коне

Дональд Трамп объявил имя будущего министра финансов США: им станет Стивен Тёрнер Мнучин (Steven Terner Mnuchin). Для кого-то это явилось неожиданностью. Ведь среди претендентов на высокий пост называли исполнительного директора банка JPMorgan Джейми Даймона, члена палаты представителей Джеба Хенсарлинга... У Стивена Мнучина, однако, было важное преимущество: в предвыборной кампании Трампа он работал финансовым менеджером. Кроме того, что...