Gideon Resnick, political reporter for The Daily Beast, discusses the Supreme Court's decision to not hear the Trump administration's appeals argument on DACA. This move essentially eliminates the March 5th deadline instated by President Trump last year.
Resnick digs into the implications of the decision that leaves the fate of Dreamers in the hands of Congress or in the hands of the courts. It could take up to a year for DACA to get resolved.
Resnick also comments on the state of gun reform in the wake of the Parkland, Florida school shooting as students continue to protest. We discuss the uncertainty around new legislation being proposed in Congress as the Trump Administration's stance on gun reform proposals has changed in recent days.
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.
