Kelly Macias, staff writer for Daily Kos, and James Arkin, congressional reporter for RealClearPolitics, discuss the release of the Democratic counter memo in response to the Republican memo released weeks earlier.
Arkin notes that the Democrats' memo refuted many points in the Republican memo that aimed to discredit the FBI. Asked whether these memos will have any impact on the Russia investigation, he said only when it comes to public opinion and perception.
Macias discusses some of the rhetoric surrounding the new memo and whether it's a "nothing burger," as many have called it. We also talk about special counsel Robert Mueller's latest indictments and whether they bring him any closer to President Trump.
The White House budget office says mass firings of federal workers have started in an attempt to exert more pressure on Democratic lawmakers as the government shutdown continues.
President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested Friday he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. Trump says one of the policies the U.S. is calculating is "a massive increase of Tariffs on Chinese products coming into the United States." A monthslong calm on Wall Street was shattered, with U.S. stocks falling on the news. The Chinese Embassy in Washington hasn't responded to an Associated Press request for comment.
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed.
From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Department’s monthly jobs report.
The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now.
Rep. John Moolenaar has requested an urgent briefing from the White House after Trump supported a deal giving Americans a majority stake in TikTok.
