Nomination

Why Force Parents To Keep Their Children In Failing Public Schools?

"We don’t pay teachers enough, and we don’t fire teachers enough... if you want your failing public school, you can keep your failing public school...But do not take away the option for someone else to remove their child from a toxic environment, and make their own choice..."

FBI Director Asked DOJ To Publicly Reject Trump Wiretapping Claims

In the latest dramatic plot twist to emerge from Trump's accusation that Obama wiretapped the Trump Tower prior to the election, the NYT reports that FBI director James Comey asked the Justice Department this weekend to publicly reject President Trump’s allegation that Obama eavesdropped on the soon-to-be president.

President Trump's Address To Congress: Key Highlights And Full Text

"From now on, America will be empowered by our aspirations, not burdened by our fears –- inspired by the future, not bound by the failures of the past –- and guided by our vision, not blinded by our doubts. I am asking all citizens to embrace this Renewal of the American Spirit. I am asking all members of Congress to join me in dreaming big, and bold and daring things for our country."

Trump Nominee For Navy Secretary Withdraws

Philip Bilden, a senior advisor at HarbourVest Asia and President Trump’s pick to lead the Navy, has become the third Trump appointee to withdraw his nomination. "Philip Bilden has informed me that he has come to the difficult decision to withdraw from consideration to be secretary of the Navy," Defense Secretary Jim Mattis said in a statement Sunday evening.

The Three Trump Administrations

Foreign and national defense ministries around the world, as well as embassies in Washington, DC, are struggling to ascertain who is actually in charge of the U.S. government one month after Donald Trump was sworn in as president of the United States. It is a fair question, considering the conflicting statements issuing forth from the White House, State Department, and the Pentagon.

Frontrunning: February 21

  • Global Stocks and Bond Yields Rise (WSJ)
  • Despite Dissents on White House Policy, Mattis Holds Sway (WSJ)
  • Trump’s Travel Ban Won’t Hit the U.S. Economy, At Least This Year (BBG)
  • Pundit Brings ‘Global Jihadist Movement’ Theory to White House (WSJ)
  • HSBC Plunges After Missing Profit Estimates on Revenue Drop (BBG)
  • Euro-Area Economic Recovery Broadens as France Outpaces Germany (BBG)

Political Turmoil Returns To Europe: French-German Spread Blows Out To Five Year Wides

Despite a calm start to European trading, with local equity bourses posting solid early gains, European political fears have returned this morning, resultin in a blow out in French government bond yields, pushing the 10y yield now higher by 5bps and 5y up 8bps, as early losses extend after latest poll shows support for anti-euro presidential candidate Marine Le Pen rising in both election rounds.