*By Tracey Cheek*
In a sharp contrast to years past, the White House Correspondents' Dinner will not feature a class clown, but a professor ー First Amendment historian Ron Chernow.
The sober-minded selection comes after comedian Michelle Wolf's take-no-prisoners routine at the last event in April ー her jabs at Sarah Huckabee Sanders, in particular, incited outrage from the White House and some of the reporters in attendance.
“\[Chernow is\] not going to be controversial, he’ll be a very ‘eat your vegetables’ performer," said Jon Levine, media editor at The Wrap
Chernow ー a significant deviation from the likes of Stephen Colbert and Wanda Sykes ー is best known for his thick volumes on American presidents. Perhaps most notably, his book on Alexander Hamilton inspired the hit Broadway musical and cultural phenomenon, “Hamilton.”
But does it really matter who gets up and tells jokesー or in this year's case, gives a history lesson ー to a group of journalists? Levine said that the White House Correspondents' Dinner has been criticized as an access journalism event, and for all the rumblings, it's not particularly important.
“The event has gotten criticism since as long as I can remember," he said." From a lot of journalists who say it’s weird to sort of be writing all this very tough coverage about Trump or Sarah Sanders or whatever, and then you go there and have drinks with everybody and pal around. It's a little strange.”
President Trump has not shown up to a White House Correspondents dinner since taking office, in contrast to his predecessors, and Levine is positive that this year will be no exception.
“There is not a question, he will not show up,” he said.
“It’s clearly just not his thing. He knows that he goes after the press every single day. It would be a hostile audience. It would be at best awkward.”
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. The move comes amid a fraught time for the central bank, with hiring sluggish and yet inflation stuck above the Fed’s 2% target. Compounding its challenges, the central bank is navigating without much of the economic data it typically relies on from the government. The Fed has signaled it may reduce its key rate again in December but the data drought raises the uncertainty around its next moves. Fed Chair Jerome Powell told reporters that there were “strongly differing views” at the central bank's policy meeting about to proceed going forward.
U.S. and Chinese officials say a trade deal between the world’s two largest economies is drawing closer. The sides have reached an initial consensus for President Donald Trump and Chinese leader Xi Jinping to aim to finalize during their high-stakes meeting Thursday in South Korea. Any agreement would be a relief to international markets. Trump's treasury secretary says discussions with China yielded preliminary agreements to stop the precursor chemicals for fentanyl from coming into the United States. Scott Bessent also says Beijing would make “substantial” purchases of soybean and other agricultural products while putting off export controls on rare earth elements needed for advanced technologies.
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.
