*By Carlo Versano*
President Trump announced on Friday that he reached a tentative deal with Democrats to reopen the government temporarily while the two sides continue to negotiate on border security.
The continuing resolution would fund the government at current levels for three weeks, until Feb. 15. It reportedly does not include any funding for the border wall. While Trump framed the deal as a victory, he was essentially agreeing to the same proposal that was offered by Democrats before the shutdown, which he had rejected.
Trump thanked federal workers, some of whom have been forced to visit food banks as they missed paychecks, and promised they would receive back pay "very quickly."
After 35 days of a government shutdown that left 800,000 furloughed federal workers without pay and strained the nation's law enforcement, air travel, food safety, and border security agencies, the president essentially backed off his promise that he would only re-open the government if Congress agreed to appropriate billions for a wall. House Speaker Nancy Pelosi had said Trump would get "nothing for the wall."
In his Rose Garden announcement, Trump said he would ask Sen. Majority Leader Mitch McConnell to hold a vote on the continuing resolution immediately. He then delivered an extended off-prompter riff on border security, repeating many of his claims that a wall would drastically reduce crime and drug use in the U.S. "Walls should not be controversial," Trump said.
"This is an opportunity for all parties to work together for the benefit of our whole, beautiful, wonderful nation."
Afterward, Nancy Pelosi told reporters she was "glad we gave come to a conclusion today."
Sen. Chuck Schumer added: "Hopefully, the president learned his lesson."
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The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, led by Chair Jerome Powell, had kept their rate unchanged this year as they evaluated the impact of tariffs, tighter immigration enforcement, and other Trump administration policies on inflation and the economy. The only dissenter was Stephen Miran, the recent Trump-appointee.
After a late-night vote and last-minute ruling, the Federal Reserve began a key meeting on interest rate policy Tuesday with both a new Trump administration appointee and an official the White House has targeted for removal.
The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy.
Albania's Prime Minister Edi Rama says his new Cabinet will include an artificial intelligence “minister” in charge of fighting corruption. The AI, named Diella, will oversee public funding projects and combat corruption in public tenders. Diella was launched earlier this year as a virtual assistant on the government's public service platform. Corruption has been a persistent issue in Albania since 1990. Rama's Socialist Party won a fourth consecutive term in May. It aims to deliver EU membership for Albania in five years, but the opposition Democratic Party remains skeptical.
The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates. Trump sought to fire Cook Aug. 25, but a federal judge ruled late Tuesday that the removal was illegal and reinstated her to the Fed’s board.
