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President Donald Trump told reporters Wednesday that while "everyone thinks" he deserves a Nobel Peace Prize for his involvement in the warming of relations with North Korea, the only prize he wants is a victory for the world.Trump was asked by a reporter while holding a Cabinet meeting at the White House whether he deserved the honor, to which the President replied with a large smile: "Everyone thinks so, but I would never say it."Trump instead said he's focused on getting an agreement with North Korea "finished." 528
President Trump took to Twitter on Thursday to personally confirm reports that he is hiring CNBC contributor Larry Kudlow has his next economic advisor."Larry Kudlow will be my Chief Economic Advisor as Director of the National Economic Council. Our Country will have many years of Great Economic & Financial Success, with low taxes, unparalleled innovation, fair trade and an ever expanding labor force leading the way! #MAGA," Trump tweeted. 461
Rep. Blake Farenthold announced he's resigning from the House of Representatives effective Friday, a few months after news broke he used taxpayer money to pay a settlement to a former aide who accused the Texas Republican of sexual harassment and other improper conduct.After his announcement, the National Republican Congressional Committee, which works to elect GOP candidates to the House, requested he pay back the money that was used for the settlement."I hope Blake is true to his word and pays back the ,000 of taxpayer money he used as a settlement. As I have said repeatedly, Congress must hold ourselves to a higher standard and regain the trust of the American people," NRCC Chairman Steve Stivers said in a statement. "I'm confident we'll have a Republican in this seat come November."Within minutes of his announcement, Farenthold appeared to have deleted his official Twitter account."While I planned on serving out the remainder of my term in Congress, I know in my heart it's time for me to move along and look for new ways to serve," he said in his statement Friday afternoon. "Leaving my service in the House, I'm able to look back at the entirety of my career in public office and say that it was well worthwhile."The House Ethics Committee announced late last year it would investigate Farenthold for allegations of sexual harassment from his former aide, Lauren Greene, who received the ,000 settlement after she sued Farenthold in December 2014 for gender discrimination, sexual harassment and a hostile work environment.Farenthold denied some of the allegations against him but apologized using for inappropriate language and his role in creating a hostile workplace. Farenthold had vowed to repay the taxpayer money used for the settlement in December, but as of last month he had not yet paid back that money.He announced in December that he would not be seeking re-election.The-CNN-Wire 1926
President Trump's trade war threat drove the Dow lower for the second straight day.The Dow fell as much as 391 points on Friday, but it recovered most of those losses and finished down 71. The Nasdaq and the S&P 500 both ended with modest gains after falling 1% earlier in the day.The sell-off began Thursday after Trump announced that his administration would impose a 25% tariff on steel imports and a 10% tariff on aluminum. Trump has not said whether some countries would be excluded from the tariffs.For the market, "this really could be something new and worse than we have seen so far," said Brad McMillan, chief investment officer at Commonwealth Financial Network. 691
Prior to the shooting at a country music festival in Las Vegas, the term “bump stock” wasn’t a familiar one to most people. Even among gun owners, the devices weren’t big sellers.A bump stock allowed the gunman in the Las Vegas shooting to make a semi-automatic rifle function more like a fully-automatic one by bumping the trigger so that it had a quicker fire.Following the shooting, there was rare bipartisan support to get rid of them. Despite the support, Congress never took action and many blamed the National Rifle Association.However, reports now indicate that the Trump administration will soon outline a federal rule that would officially ban the devices.“I would call it the bare minimum of steps, says Elizabeth Becker, a volunteer with the gun advocacy group Moms Demand Action in Las Vegas.“We do want to see bump stocks regulated, seeing as they create machine guns out of semi-automatic weapons, but there is a lot more to do on this issue.”Becker says she believes more substantive changes to gun laws are coming, thanks to the new Democrats recently elected to the House.But not all gun owners are on board with the proposal."If you're a law-abiding citizen in America and you have a clean record, you should be able to own anything you want," says Mel “Dragon Man” Bernstein, owner of Dragonman gun store in Colorado Springs.Reports indicate the new rule would force owners to turn in or destroy bump stocks within 90 days. 1466