Politics
Trump and allies draw up plan to erode Fed’s independence, WSJ reports
According to a new Wall Street Journal report, Trump and his allies have drafted plans to limit the Federal Reserve’s independence and align the central bank with the administration’s interests if the former president wins a second term. Diane Swonk, Chief Economist at KPMG, joins Ali Velshi to discuss the significance of the President asserting more control over the Federal Reserve, how Trump could reshape the banks to suit his interests, and the importance of the Fed’s independence given the current interest rates and inflation.
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#Trump #FederalReserve #Finance
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Alicia Menendez breaks down The Wall Street Journal reporting that President Trump has been fundraising hundreds of millions from companies for his vanity projects.
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#wsj #trump #fundraising
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Politics
Texans ‘deserve answers’ about Ken Paxton, Dem Senate nominee James Talarico says, demanding debates
Texas Democratic Senate candidate James Talarico says Texas deserves answers about Republican Ken Paxton’s “career of corruption” as he continues pressing the Texas attorney general to commit to three televised debates before the November election. Talarico told MS NOW’s Lawrence O’Donnell that Texas voters face “a very important choice” on November 3rd.
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#Texas #JamesTalarico #KenPaxton
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It’s hard for me to say this as a plant-based guy, but where’s the BEEF?”
In the Senate Judiciary Committee meeting to vote on Todd Blanche’s nomination to Attorney General, Senator Cory Booker, D-NJ, chastised his Republican colleagues for accepting the documents from Blanche dealing with the so-called “anti-weaponization fund.” The committee voted on party lines to advance Blanche’s nomination to a full Senate confirmation vote.
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#toddblanche #corybooker #DOJ
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Politics
‘Just tired of it’: U.S.-Canada border residents react to Trump’s tariff fight as bridge opens
A bridge meant to help trade between the U.S. and Canada has become a symbol for their current strained relationship. MS NOW’s Laura Haefeli has the latest from both sides of the bridge.
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#uscanadaborder #uscanadatrade #tariffs
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President Trump is threatening to increase tariffs on Canada because … of wildfire smoke? 🤦♂️
Just a reminder: this is what the climate crisis looks like.
Jacob Soboroff reacts on “Connect with Jacob Soboroff.”
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