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President Donald Trump sought to reassure National Rifle Association members at their 2018 annual meeting Friday that their Second Amendment rights are safe in the midst of a national conversation on gun law reform."Thanks to your activism and dedication, you have an administration fighting to protect your Second Amendment and we will protect your Second Amendment," he said. "Your Second Amendment rights are under siege, but they will never ever be under siege as long as I am your president."Trump also urged the crowd not to become "complacent" heading into the midterm elections as he sought to galvanize the base."Don't be complacent. Don't be complacent," Trump urged the crowd. "History says that when you win the presidency, you get complacent. You know the feeling? Like 90% of the time you win the presidency and for whatever reason you lose the midterm. We can't let that happen. And the word is complacent.""We cannot get complacent," Trump said again.Still, Trump predicted that Republicans will do well in 2018, arguing "the Democrats are very concerned.""You watch how well we do in '18, you watch," Trump said.  1143

Rep. Chris Stewart on Tuesday defended President Donald Trump's response to the death of Washington Post journalist Jamal Khashoggi in the Saudi Consulate in Istanbul in October, saying that "journalists disappear all over the country.""We have to have a relationship with some players we don't agree with," the Utah Republican told CNN's Brianna Keilar on "CNN Right Now." "Journalists disappear all over the country.""This is a very, very difficult challenge because we have to, on one hand, hold them accountable -- including the crown prince for whatever action he may have been involved with," Stewart added. "And at the same time what is protecting US interests? What is going to counter Shia extremists? What is going to help bring stability? What will help bring an end to the war in Yemen? You have to balance all those considerations as we move forward on this."After being subjected to massive international pressure, Saudi officials admitted the death of Khashoggi was a premeditated murder.Trump responded?to the incident in a statement last month subtitled "America First!" that called Khashoggi's murder "terrible" but declared Saudi Arabia "a great ally"On Tuesday, lawmakers were briefed by CIA Director Gina Haspel about the incident.Sen. Bob Corker, a Tennessee Republican who chairs the Senate Foreign Relations Committee, told CNN after the briefing with Haspel that Saudi Crown Prince Mohammed bin Salman "ordered, monitored, the killing" of Khashoggi.When pressed on Trump's dismissive response to the incident, Stewart added, "I think all of us agree there needs to be an appropriate response here, we need to hold individuals accountable and we need to completely understand the facts regarding that as well." 1757

President Trump nominated Federal Reserve Governor Jerome Powell on Thursday to lead the world's most influential central bank.A Fed governor since 2012 and former Treasury official under the George H.W. Bush administration, Powell will replace current Fed Chair Janet Yellen. Yellen was nominated in 2013 by President Obama. Her term as the central bank's first female leader expires in February.It will be the first time in four decades that a new president hasn't asked the current Fed chair to stay on for a second term.Powell was among five candidates considered for the job. Also on the president's short list: former Fed governor Kevin Warsh, Stanford University economist John Taylor, the president's top economic adviser, Gary Cohn and Yellen.Ahead of Trump's formal announcement Thursday, Cohn praised the president's choice. "I'm really supportive of the president's decision -- and it's a great decision," he said speaking before The Economic Club of Washington.Related: Fed leaves interest rates alone and waits for TrumpThe position of Fed chair requires Senate confirmation. Republicans currently hold the majority and would be able to confirm Powell without any Democratic support, if necessary.At 64, Powell has been Yellen's ally on monetary policy, while also calling for easing some of the regulations on banks put in place after the 2008 financial crisis.Unlike almost all of his predecessors in the position, Powell is not an economist by training. Instead, he was a lawyer and former partner at private-equity firm, Carlyle Group.Two immediate challenges face Powell once he is confirmed in the role: How quickly to raise interest rates and how to continue to safely unwind the Fed's hefty balance sheet.It's the job of central bankers to shift policy levers, nudging interest rates higher or lower, to boost jobs and keep prices, or inflation, at the optimal level.What's made their job trickier is that inflation is signaling the Fed should not increase rates. But economic growth and a low unemployment rate of 4.2% are saying it should.Related: Powell would be the first investment banker to chair the Fed Powell has been supportive of Yellen's plan to gradually raise interest rates, if there are continued signs of improvement in the economy."The economy is as close to our assigned goals as it has been for many years," said Powell in a June speech at the Economic Club of New York. "Risks to the forecast now seem more balanced than they have been for a some time."Powell will also have to oversee how the central bank continues to shed some of the .5 trillion in investments it made in order to prop up the economy after the financial crisis. The Fed began the process of unwinding almost a decade's worth of stimulus investments in September.For years, the central bank piled up purchases of Treasury and mortgage-backed securities, a strategy intended to stimulate the economy by reducing borrowing costs for everyone. At the time, it also reduced its benchmark interest rate to zero, and only began raising it in December 2015, seven years after the crisis.Related: Fed taps Jerome Powell to head oversight of 'too big to fail' banksPowell voted in favor of winding down the Fed's balance sheet. And like Yellen, he's left the door open for a new round of asset purchases in the event of another crisis.In April, the Fed tapped Powell to serve as the new point man overseeing how Wall Street banks are regulated after Daniel Tarullo, the central bank's regulatory czar stepped down. Tarullo held the position for the past eight years.In this role, the Fed governor has sided with the Trump administration on easing some of the regulatory burdens on banks. He's specifically suggested relaxing the so-called Volcker Rule, which bars banks from taking risky bets with taxpayer money.The-CNN-Wire 3838

Repealing Obamacare's individual mandate would give GOP lawmakers an additional 8 billion over 10 years to help pay for their proposed tax cuts.The Congressional Budget Office updated its estimate Wednesday in response to lawmakers' interest. Republicans are considering axing the unpopular provision -- which requires nearly all Americans to have coverage or pay a penalty -- though it's not included in the current House tax reform bill.A CBO score published in December found nixing the mandate would save 6 billion over a decade. While the federal government would lose some revenue from the penalty's elimination, it would make up that and more because fewer people would have federally subsidized policies, the CBO says. The agency did not specify why the figure changed in its blog post announcing the deficit reduction number. 848

President-elect Joe Biden made history Tuesday when he received the most votes in a presidential election in U.S. history by surpassing 80 million votes.According to data by the Cook Political Report, Biden received 80,046,072 total votes, the most votes anyone has ever received running for president.The official count from the Associated Press has Biden currently sitting with 79,201,648 votes.On Election Night, Biden broke the record set previously by his former running mate Barack Obama, who earned 69,498,516 votes in 2008, the New York Times reported.According to the Cook Report, Trump received 73,878,907 total votes, which is the most ever for a Republican candidate, as well as the most ever for a presidential loser, the AP reported. 755