The Hive's Kristen Scholer and Jon Kelly discuss the recent happenings in the White House. From Gary Cohn to Sam Numberg, President Trump seems to be losing many of his allies.
Vanity Fair's Bess Levin talks about how Gary Cohn's departure worries many who were under him at The White House as they are now facing the President alone. As far as what Cohn will do next, Levin's heard he will not be going back to Goldman Sachs, but could potentially open his own firm.
Plus, Sam Nunberg has been making the media rounds this week. Vanity Fair's T.A. Frank says if we learned anything from the Russia investigation is that if Mueller failed to find anything it won't be for lack of finding people to talk to. Frank believes this investigation is close to winding down.
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
The Trump administration announced a trade deal with the United Kingdom Thursday in grandiose terms, but with only limited details about what it achieves.
Why not tax the millionaires? That question won't seem to go away as Congress begins drafting a package of tax breaks and spending cuts for President Donald Trump’s “big, beautiful bill."
X, the social media platform owned by Trump adviser Elon Musk, is challenging the constitutionality of a Minnesota ban on using deepfakes to influence elections and harm candidates.
President Donald Trump repeated his attacks Monday against the chair of the Federal Reserve, demanding that the central bank lower its key interest rate.