Powell says the Fed can't respond to recession, the EU approves free trade with Vietnam, and the Dutch government proposes large dams to stop rising seas. Plus a programming note.
Self-Interest
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Author - SK Ashby
Steelmaker Who Welcomed Tariffs Sues Over Tariffs
Trump's tariffs are "hypocritical" says a CEO who asked for the tariffs.
Revenge List
Consumer debt reaches $14 trillion, Britain plans a total break on banking regulations,
McConnell Confirms Trump’s Budget is DOA
McConnell says Republicans won't even try to pass Trump's budget.
Trump’s Budget Would Cut Russia Deterrence
Trump's proposal could codify cuts like he ordered in Ukraine last year.
The EU Prepares to Dumb It Down For Trump
EU officials say they just need to give Trump something to tweet.
Medal of Freedom
The number of troops injured in Iraq triples, the DOJ charges Chinese hackers, and global warming kills winter energy business.
British Officials Pledge Hard Brexit-Like Measures
Michael Gove says there will be hard borders even if they sign a trade deal.
Trump’s Budget Would Doom Factory He Vowed to Save
Trump's budget calls for ending a loan program that could keep the factory open.
Trump’s Budget Proposal Previews GOP Austerity
Almost every non-security agency would be cut under Trump's fantasy budget.
Trainwreck
Kudlow downplays Trump's rage, car tariffs are on hold, and consumer spending is falling off a cliff in China.
Global Warming Improves January Jobs Report
The construction industry added jobs at a time when it normally wouldn't.
One Million Children Will Be Kicked Off Automatic Free School Lunch
The Trump regime is ending states' ability to automatically enroll children.
Report: Trump “Berated” Boris Johnson Over Huawei
Trump was reportedly "apoplectic" in a phone call with Boris Johnson.
The State of the Union
DHS removes New York from fast travel, regulators charge the NRA, and the former WTO director blasts Trump.
AG Barr Calls for Bailing Out Foreign Companies to Counter Huawei
Barr floated the idea of taking a controlling stake in foreign competitors to Huawei.
Trump Regime Still Withholding Some Aid to Ukraine
Contracts for guns and ammo worth $30 million have been held up for a year.
China To Reduce Some Retaliatory Tariffs. Barely.
China's retaliatory tariffs will only by cut by 2.5 to 5 percent.
Strongman
Coronavirus cases surge, Trump's SOTU ratings plummet, and MIT researchers say recession is likely.
Romney Will Vote to Convict Trump
Trump committed an "egregious assault on our Constitution," Romney says.