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President Donald Trump tried to end the special counsel probe in December, marking the second known attempt to do so, The New York Times reported Tuesday.The Times report on Tuesday evening came as CNN reported that Trump is considering firing Deputy Attorney General Rod Rosenstein, who has oversight of the Mueller probe, following a federal raid on Trump's personal attorney Michael Cohen.In December, angered by reports of subpoenas for information on his business with Deutsche Bank, Trump told advisers he wanted the investigation to be shut down, according to the Times' report.The Times report, based on interviews with eight sources, said the President backed down after Mueller's office told Trump's lawyers and advisers that reports about the subpoenas were inaccurate.The report outlines the second time Trump is known to have moved to quash the probe, and follows previous reporting?that the President moved to fire Mueller last June, which a source said White House counsel Donald McGahn refused. Trump denied the story at the time.Under special counsel regulations, Mueller's office would have to discuss with the attorney general whether to keep an investigation under the special counsel's office or to refer it to a different jurisdiction. Because Attorney General Jeff Sessions recused himself from oversight of the investigation, Rosenstein would then presumably decide which investigative team moves forward.Trump has regularly lashed out at Mueller's investigation as a "witch hunt," and following news of the raid Monday, he offered a mixed response when asked about firing the special counsel."Why don't I just fire Mueller?" the President said. "Well, I think it's a disgrace what's going on. We'll see what happens."White House press secretary Sarah Sanders?said on Tuesday?that Trump "certainly believes he has the power" to fire Mueller, who under the special counsel regulations can be removed only by the attorney general, or in this case Rosenstein. 2008
Rep. Jim Jordan, R-Ohio, questioned Dr. Anthony Fauci on Friday on why protests were permitted in the wake of the death of George Floyd amid the coronavirus pandemic.Jordan claimed that allowing protests while church services in some states have been scaled back due to the spread of the virus was "inconsistent."During the heated exchange, Dr. Fauci conceded that all mass gatherings, including protests, should be avoided by the public. But as Jordan tried to press Dr. Fauci into opining on limits to protests and church services, Dr. Fauci reiterated that he was not in a position to make such an opinion.“I don't understand what you're asking me as a public health official to opine on who should get arrested or not. That's not my position,” Dr. Fauci said.Jordan said that Dr. Fauci makes recommendations all of the time, and pressed him on why he wouldn’t made an opinion on this topic.“You know, you made comments on dating on baseball and everything you can imagine. I'm just asking you, you just said protests increased the spread. I'm just asking you. Should we try to limit the protest?”Jordan asked.Fauci responded, “I think I would leave that to people who have more of a position to do that.”Fauci, who acts as the director of the National Institute of Allergy and Infectious Diseases, was joined by other public health officials on Capitol Hill for a hearing on the government’s response to the virus.While the Black Lives Matter protests took place in late May and early June, the timing of the protests coincided with the reopening of bars and restaurants in many states. According to research conducted by the National Bureau of Economic Research, the protests did not cause a spike of coronavirus cases. The research indicated that the protests may have actually caused a net increase to social distancing as many people opted to stay home to avoid the protests."Our findings suggest that any direct decrease in social distancing among the subset of the population participating in the protests is more than offset by increasing social distancing behavior among others who may choose to shelter-at-home and circumvent public places while the protests are underway," the report reads.Jordan tried to spin Dr. Fauci’s testimony to decry the Black Lives Matter protests and blame Democrats who are supportive of the movement.“Can’t go to church. Can’t go to work. Can’t go to school. Even Dr. Fauci says protesting is dangerous. But Democrats encourage people to riot and protest in the streets,” Jordan tweeted. 2538

President Donald Trump threw some red meat to his base this week and claimed he was prepared to defy the Constitution and end birthright citizenship in the U.S.His comments led to cheers from immigration hardliners, outrage from his Democratic critics and a few notable rebukes from senior Republicans in Congress who usually stand behind him.Trump botched some claims about birthright citizenship, such as when he said the U.S. is the only country with that law. Many countries offer the same. A number of legal experts say it is highly unlikely he can end the practice with an executive order-- as did Speaker of the House Paul Ryan.The timing of the proposal dovetails with the President's broader efforts to make the midterm election about illegal immigration, a topic that animates his base. Trump and his allies tie birthright citizenship to the broader effort to curtail illegal immigration. 906
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
President Donald Trump will meet with North Korean leader Kim Jong Un by May, the South Korean national security adviser announced Thursday at the White House.Kim told the South Koreans "he is committed to denuclearization" and pledged North Korea will "refrain from any further nuclear or missile tests" South Korean national security adviser Chung Eui-Yong said Thursday from the White House.Kim also told the South Koreans he understands that the US and South Korea will move forward with their joint military exercises later this year."He expressed his eagerness to meet President Trump as soon as possible," Chung said. 632
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