President Donald Trump and UK Prime Minister Theresa May made a big show of displaying a strong relationship at the World Economic Forum in Davos. And one reporter says maintaining the countries’ “special relationship” benefits both.
“From the UK’s perspective the big sort of prize and the big sort of goal, in policy terms, is trying to strike a trade deal with the U.S.,” the Wall Street Journal’s Jason Douglas told Cheddar. “The UK is still the leader of the European Union.”
And for the U.S., a solid rapport would show that Trump has allies around the world, Douglas noted. Still, he said, the commander-in-chief would have to work harder with other European nations.
“A couple … in particularly Emmanuel Macron of France, have spent this conference in Davos really trying to stake out some of the ground that they think the U.S. has vacated under President Trump,” Douglas said. That includes its global leadership role and its championing of free trade.
May criticized Trump last year for retweeting anti-Muslim extremists, and his state visit has been rescheduled several times. More than 1.7 million UK citizens signed a petition to ban Trump from state visits, but the government dismissed it last year, noting the importance of the countries’ accord.
For full interview [click here](https://cheddar.com/videos/breaking-down-trump-and-mays-davos-press-conference).
Albania's Prime Minister Edi Rama says his new Cabinet will include an artificial intelligence “minister” in charge of fighting corruption. The AI, named Diella, will oversee public funding projects and combat corruption in public tenders. Diella was launched earlier this year as a virtual assistant on the government's public service platform. Corruption has been a persistent issue in Albania since 1990. Rama's Socialist Party won a fourth consecutive term in May. It aims to deliver EU membership for Albania in five years, but the opposition Democratic Party remains skeptical.
The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates. Trump sought to fire Cook Aug. 25, but a federal judge ruled late Tuesday that the removal was illegal and reinstated her to the Fed’s board.
President Donald Trump's administration is appealing a ruling blocking him from immediately firing Federal Reserve Gov. Lisa Cook as he seeks more control over the traditionally independent board. The notice of appeal was filed Wednesday, hours after U.S. District Judge Jia Cobb handed down the ruling. The White House insists the Republican president had the right to fire Cook over mortgage fraud allegations involving properties in Michigan and Georgia from before she joined the Fed. Cook's lawsuit denies the allegations and says the firing was unlawful. The case could soon reach the Supreme Court, which has allowed Trump to fire members of other independent agencies but suggested that power has limitations at the Fed.
Chief Justice John Roberts has let President Donald Trump remove a member of the Federal Trade Commission, the latest in a string of high-profile firings allowed for now by the Supreme Court.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
