President Trump reportedly ordered the firing of Robert Mueller over the summer but reversed course after the White House special counsel threatened to resign. That's according to a recent report in the New York Times. Fordham University Law Professor Jed Shugerman explains the potential legal ramifications of these revelations.
"This now becomes part of a longer timeline for Mueller," said Shugerman. "The statue that covers obstruction of justice depends upon proving that there was a corrupt intent. So the more events that show a corrupt intent the stronger the case would be."
Former White House Communication Director Anthony Scaramucci took to Twitter, tweeting "...@POTUS should be able to have a private conversation with WH Counsel without the content being leaked." Shugerman says presidents can have private conversations, but they cannot conspire to commit felonies.
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.
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