Karine Jean-Pierre, Senior Advisor at MoveOn.Org, and Jon Miller, White House Correspondent for CRTV, discuss recent Gallup and Quinnipiac University polls that reveal an overall distaste by the American people for the latest Senate Tax Reform bill. They also weigh in on the RNC's embrace of Alabama Senate candidate Roy Moore, and what that means for the Republican Party.
Jon and Karine go head-to-head on tax reform, with Jon asserting that it's a cut that will benefit all, including corporations. Karine challenges Jon, arguing that there will inevitably be cuts to medicare, medicaid, and programs that benefit the middle class and lower income households.
We also discuss President Trump and the Republican National Committee's endorsement of Roy Moore for the Alabama Senate seat, and what that means for the GOP. Jon adds that the move is controversial, noting that he understands picking a candidate that will benefit the Republican agenda, but also sees the issues that come with someone accused of sexual misconduct.
Karine discusses the hypocrisy that comes with the RNC endorsing a candidate that she calls a "pedophile" when the party is supposed to be one of family values.
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.
