John Cornyn

Joe Lieberman "No Longer Being Considered" For FBI Director: Report

Just days after it was reported that the frontrunner to replace James Comey as head of the FBI was career democrat Joe Lieberman, it now appears that Trump has gotten cold feet about installing a career democrat as head of the agency and according to CNN the team tasked by Trump with finding a new director for the FBI "is resetting its search" with Reuters reporting that according to CNN, Joe Lieberman is "no longer being considered for FBI director."

Republicans, Democrats Insist Trump Turn Over Any Comey Tapes

Even as the White House refused to comment on whether Trump had recorded any of his conversations with former FBI director James Comey, over the weekend, lawmakers on both sides of the aisle called on President Trump to turn over any tapes of conversations with Comey, setting up a potential showdown with the White House as Democrats considered a boycott of the vote on Comey's replacement.

Trump's Border Wall May Force Government Shutdown

Trump's initial $3.8 billion border wall request is expected to complicate lawmakers’ negotiations to prevent a government shutdown. Senate Republican leaders said that they are unlikely to seriously pursue Trump’s supplemental border wall funding to avoid a potential government shutdown, courtesy of Senate Democrats who have vowed to block any funding of the 30-foot southern border wall.

The U.S. Border Tax Would Hit Texas Hard

The border tax plan would basically transfer around $1 trillion from the companies importing goods in the big importing states to the less competitive Midwest. And Texas, being one of the top international trading and importing states alongside California, Florida and New York, would likely lose.

The Coming Bear Market

The bears are dead. Long live the bears. And that, in a nutshell, describes every bubble and emerging bear market there ever was...

The Senate War Against Border Tax Begins

Today, the war against BAT fired its first salvo, when the previously profiled Senator David Perdue of Georgia, former CEO of discount retailer Dollar General, emerged as the top Republican critic of the House GOP plan to adjust business taxes at the border, threatening the divisive proposal's legislative prospects.

The Honeymoon Is Over: Goldman Slams Trump's Economic Plan, No Longer Expects A Border Tax

"One month into the year, the balance of risks is somewhat less positive for three reasons. First, the difficulty congressional Republicans have had in moving forward on Obamacare; Second, while bipartisan cooperation looked possible following the election, the political environment appears to be as polarized as ever; Third, some of the recent actions by the Trump Administration could be disruptive for financial markets and the real economy." - Goldman Sachs

Two Wars Are About To Break Out Over Border Adjustment Tax

Two wars are set to break out over the Border Adjustment Tax: one is domestic and involves exporter vs importer alliances, and will soon shift into the Senate. The second war is one which would break out after the BAT is passed, and it would hammer America's biggest trading partners

Senate Democrats Stall Another Vote, This Time For Attorney General

Moments ago Senate Democrats succeeded in stalling - if only temporarily - another confirmation when they used a procedural move on Tuesday afternoon to stall committee vote, this time on Jeff Sessions' nomination to become US Attorney General amid last night's controversy in which Trump fired the acting Attorney General Sally Yates for insubordination.

Senate Takes First Step To Repeal Obamacare With 51-48 Vote

Early on Thursday morning, in a 51-48 vote, the Senate took the first concrete step toward dismantling Obamacare, when it voted to instruct key committees to draft legislation repealing Barack Obama's signature health insurance program.