*By Rebecca Heilweil*
Following Robert Mueller's [back-to-back testimonies](https://cheddar.com/media/former-special-counsel-mueller-confirms-president-trump-not-exculpated-in-russia-investigation) on Capitol Hill Wednesday, all eyes have turned to the leadership of the House of Representatives, and the question of whether Democrats will move to begin an impeachment inquiry against President Donald Trump.
Those efforts have the support of a slew of progessive politicians, including presidential hopeful Sen. Elizabeth Warren, Rep. Rashida Tlaib, and Rep. Ilhan Omar. Another supporter of impeachment proceedings: former Bush White House's ethics lawyer Richard Painter.
"It's time now to open a formal impeachment inquiry and demand evidence, not just on what's in the Mueller report, but \[on\] President Trump's other violations of the law and the Constitution \[including\] his receipt of emoluments of foreign governments, including the Saudi Arabian government," he told Cheddar.
Those looking for a smoking gun from Mueller's testimonies yesterday were left disappointed, as the former special counselor mostly deferred to his report that had been made public in April. He also avoided discussions of impeachment proceedings throughout the two hearings.
"If the Democrats expected him to come in and say something dramatic, or to come there and act like a movie star, that was foolish. We all knew Robert Mueller was going to be a professional prosecutor," Painter said.
But Painter had tough words for both parties.
He warned that aggressive questioning from Republicans could deter others from entering public service. "It certainly doesn't help to see Robert Mueller treated the way he was yesterday," said Painter.
On the other hand, he said, "The Democrats expect him to carry their water because they're too timid to impeach Donald Trump, or to even open an impeachment inquiry."
"The Russians interfered in an American election, and we need to deal with this now," Painter said. "We also need to pass legislation that will prevent future election meddling."
Speaker of the House Nancy Pelosi has maintained that she will not support impeachment, despite pressure from some of her own colleagues.
Politico [reported](https://www.politico.com/story/2019/07/24/pelosi-nadler-rebuff-impeachment-mueller-hearing-1432925) that she told Rep. Jerry Nadler yesterday that drawing articles of impeachment was still premature.
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. The move comes amid a fraught time for the central bank, with hiring sluggish and yet inflation stuck above the Fed’s 2% target. Compounding its challenges, the central bank is navigating without much of the economic data it typically relies on from the government. The Fed has signaled it may reduce its key rate again in December but the data drought raises the uncertainty around its next moves. Fed Chair Jerome Powell told reporters that there were “strongly differing views” at the central bank's policy meeting about to proceed going forward.
U.S. and Chinese officials say a trade deal between the world’s two largest economies is drawing closer. The sides have reached an initial consensus for President Donald Trump and Chinese leader Xi Jinping to aim to finalize during their high-stakes meeting Thursday in South Korea. Any agreement would be a relief to international markets. Trump's treasury secretary says discussions with China yielded preliminary agreements to stop the precursor chemicals for fentanyl from coming into the United States. Scott Bessent also says Beijing would make “substantial” purchases of soybean and other agricultural products while putting off export controls on rare earth elements needed for advanced technologies.
A new poll finds most U.S. adults are worried about health care becoming more expensive.
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.
