Billionaire Tom Steyer is putting his personal fortune behind an effort to get President Trump out of office. The "Need to Impeach" initiative started with a YouTube video, and now more than 4.7 Million people have signed its petition. Tom Steyer, Founder and President of "Need to Impeach," explains how he is trying to influence the political landscape.
"We are trying to enable the voice of the American people to be organized and heard by elected officials," said Steyer.
On whether this initiative is about electing more Democrats to Congress, Steyer says he does not have a specific step by step plan for how this is going to work out because "events are going to overtake all of this."
"It's like we are on a wild horse, and that horse is going to take us to some places we never expected," said Steyer. On Friday Special Counsel Robert Mueller charged thirteen Russians in a plot to interfere the 2016 U.S. presidential election through social media propaganda. President Trump tweeted in response, "Trump campaign did nothing wrong - no collusion!"
"The big question for this president is why is he not protecting the American people--why is he allowing a hostile foreign power to attack us," argued Steyer.
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.
