President Trump addresses a joint session of Congress tomorrow to deliver his first State of the Union speech, which will set the tone for the next year in American politics.
Congressman Darren Soto (D-FL) will be in the audience. He gives his take on what to expect from President Trump's first State of the Union address. He also discusses Democrats' decision to tap Massachusetts Representative Joe Kennedy to deliver the party's response to the address. Rep. Soto says he thinks it was a great decision and that Kennedy is "a strong progressive."
Rep. Soto also shares his take on the news that FBI Deputy Director Andrew McCabe is resigning from his position. Soto says that Special Investigator Robert Mueller needs to be able to complete the Russia investigation with no distractions, and that McCabe had "become a distraction."
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.
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.
