President Trump wanted a new Fed chairman who would cut interest rates, but he does not appear to have gotten his wish. On Wednesday, Kevin Warsh presided over his first meeting as the new chairman of the Federal Reserve Board facing a variety of pressures. Warsh is facing an economy that has recently shown some signs of strength, a significant increase in inflation and suggestions from other members of the Fed’s rate setting committee that the next change in interest rates may be an increase. Morning Joe economic analyst Steve Rattner explains what the Fed and Warsh are up against. 

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#news #politics #trump #economy

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The Trump Administration is flip-flopping on one of its most controversial projects: buying massive warehouses to store detained immigrants. Now, it’s looking to offload seven warehouses costing $700 million. New York Times reporter Hamed Aleaziz joins “The Weekend: Primetime” to discuss what this means for Trump’s immigration crackdown.

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#icedetention #trumpadministration #immigration

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Secretary of State John Kerry joins MS NOW’s Lawrence O’Donnell to discuss how Donald Trump’s Iran deal is “basically an agreement that the Strait of Hormuz will be reopened” compared to the “exhaustive” nuclear deal that he and former President Obama negotiated in 2015 as he says Trump’s war has “undone his own presidency” and damaged U.S. credibility abroad.

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#JohnKerry #IranDeal #StraitofHormuz

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The New York Times reports that Trump’s green reflecting pool mess now has a swampy new twist: a no-bid cleanup contract tied to a Trump donor and Mar-a-Lago neighbor.

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#trump #reflectingpool #algae

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Manny Fidel reminds us of how dangerous former Trump adviser Stephen Miller is, after Miller promoted a conspiracy theory claiming that Taylor Swift’s fame is “not organic.” Many people view Miller as the brains behind some of the Trump Administration’s most controversial policies.

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#Trump #ConspiracyTheory #TaylorSwift

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