Kudlow on tariffs: Both sides will suffer

0
54
Kudlow on tariffs: Both sides will suffer

TWO BITES OF NEWS FROM THE SUNDAY SHOWS …

— THE WHITE HOUSE MESSAGE ON TARIFFS … CHRIS WALLACE spoke with LARRY KUDLOW on “FOX NEWS SUNDAY”: WALLACE: “[The Chinese] may suffer consequences, but it’s U.S. businesses and U.S. consumers who pay, correct?” KUDLOW: “Yes, to some extent. I don’t disagree with that. Again, both sides … will suffer on this.”

— JAKE TAPPER spoke to SEN. KAMALA HARRIS (D-CALIF.) on CNN’S “STATE OF THE UNION.” HARRIS told Tapper that the U.S. “should seriously take a look at” breaking up Facebook. “It is essentially a utility that has gone unregulated. And as far as I’m concerned, that’s gotta stop.”

SNEAK PEEK … THE PRESIDENT’S WEEK: Monday: PRESIDENT DONALD TRUMP will sign an executive order “on the Economic Empowerment of Asian Americans and Pacific Islanders,” he’ll have lunch with VP MIKE PENCE, host Hungarian Prime Minister Viktor Orban and will host an Iftar at the White House. Tuesday: Trump will travel to Louisiana, where he’ll tour the Cameron LNG export facility in Hackberry. He’ll also speak there.

Wednesday: THE PRESIDENT will speak at the 38th annual National Peace Officers memorial service. He will meet with Secretary of State Mike Pompeo, and he and First Lady Melania Trump will host a dinner for the White House Historical Society.

Thursday: THE PRESIDENT will travel to New York. Friday: TRUMP will speak at the National Association of Realtors Legislative Meetings & Trade Expo in D.C.

HEADS UP … LEGISLATIVE CALAMITY COMING UP! … CNN’S HALEY BYRD and PHIL MATTINGLY: “Washington is flirting with a debt crisis. No one has a plan to stop it”: “As lawmakers trade fire over contempt votes and impeachment, there’s been no progress toward reaching a budget agreement or extending the federal government’s ability to borrow before September, when the money runs out.

“That’s raising the ugly prospect of more than $100 billion in mandatory cuts as well as an unprecedented default on U.S. debt — a situation that could trigger a worldwide economic catastrophe. It’s a mess everyone knows is coming, and yet no one seems to have a plan — at least at the moment — for averting disaster.” CNN

THE INVESTIGATIONS — “Trump and his allies are blocking more than 20 separate Democratic probes in an all-out war with Congress,” by WaPo’s Rachael Bade and Seung Min Kim: “President Trump and his allies are working to block more than 20 separate investigations by Democrats into his actions as president, his personal finances and his administration’s policies, according to a Washington Post analysis, amounting to what many experts call the most expansive White House obstruction effort in decades.

“Trump’s noncooperation strategy has shifted from partial resistance to all-out war as he faces mounting inquiries from the Democratic-controlled House — a strategy that many legal and congressional experts fear could undermine the institutional power of Congress for years to come. All told, House Democrats say the Trump administration has failed to respond to or comply with at least 79 requests for documents or other information.

“The president is blocking aides from testifying, refusing entire document requests from some committees, filing lawsuits against corporations to bar them from responding to subpoenas and asserting executive privilege to keep information about the special counsel’s Russia investigation from public view.” WaPo

— JERRY NADLER’S TOUGH SPOT … JOHN BRESNAHAN and KYLE CHENEY: “Nadler squeezed with calls for ‘inherent contempt’”: “A growing number of Democratic committee members are pushing Nadler to take more aggressive steps to force President Donald Trump and top administration officials to comply with a host of congressional subpoenas. Some lawmakers even want Congress to dust off its little-used authority to fine or even jail witnesses, something that the House hasn’t done in more than 80 years and is ill prepared to execute.

“But Speaker Nancy Pelosi and her leadership team worry that such moves, while pleasing to a party base that loathes the president, would backfire and boost Trump politically. Caught in the middle is Nadler, a 71-year-old Democrat who has long been a thorn in Trump’s side. Anything he does will displease some key constituency — either at home in his New York City district, in his committee room in the Rayburn House Office Building, or in the Capitol’s leadership suites.

“The new push inside the Judiciary Committee to use its ‘inherent contempt’ power against Trump administration officials underscores the larger challenge facing House Democrats in responding to the president’s decision blanket stonewalling.” POLITICO

— TO WIT … REP. ADAM SCHIFF (D-CALIF.) to GEORGE STEPHANOPOULOS on ABC’S “THIS WEEK”: SCHIFF: “Look, we are going to have to consider other remedies like inherent contempt, where if the courts take too long we use our own judicial process within the Congress. And look, I think if you fine someone $25,000 a day to their person until they comply, it gets their attention.”

JOHN PAUL STEVENS spoke to WaPo’s Robert Barnes in Fort Lauderdale, Fla.: “In the interview, he expressed generalized distress at the state of the world and the nation’s politics. ‘You wake up in the morning and you wonder what’s happened,’ he said. Still, he retains a judge’s reticence even years after leaving the bench: ‘But I shouldn’t say more.’” WaPo

Happy Mother’s Day. … “When You Have 3 Children and Hundreds of Thousands of Constituents,” by NYT’s Erin Schaff and Emily Cochrane: “[T]he demand from voters was clear after a historic wave of women was elected in November: They want political representatives whose families and life experiences reflect their own. But the trials of mothers with school-age children in Congress are many: long commutes, extended absences, emergency duties, late-night soirees, fundraisers.

“While fathers with young children are a mainstay in Congress, there are less than 30 such moms in the House and two in the Senate. Several say they still feel a stigma attached to their decision to hold office before their children are in high school, even if motherhood offers a critical perspective on governance.” NYT

SUNDAY BEST … MARGARET BRENNAN spoke with ROBERT GATES on CBS’ “FACE THE NATION”: GATES on the Iran deal: “I believe that the agreement — the original agreement had some very deep flaws. But once it was signed, I think it was a mistake to walk away from it. We should have then used various other pressures to address these other issues, such as ballistic missiles and — and their behavior in the region.

BRENNAN: “So that was a strategic misstep by the Trump administration?”

GATES: “I think so, in part because it ended up isolating us as well as the Iranians. And so all of our closest allies in Europe have sustained the agreement in no small part because everybody agrees, at least until recently, that the Iranians have been abiding by the agreement. It was just the narrow nature of the agreement that this administration had issues with.”

2020 …

— HEATHER CAYGLE and JOHN BRESNAHAN: “‘A dream ticket’: Black lawmakers pitch Biden-Harris to beat Trump”: “The Congressional Black Caucus may have found an answer to its Joe Biden dilemma: Vice President Kamala Harris.

“Some black lawmakers are agonizing over whether to back Biden or two members of the close-knit caucus — Sens. Harris and Cory Booker — who are also vying for the White House, according to interviews with a dozen CBC members.

“But with the former vice president jumping out to a huge, if early, lead in the polls, several CBC members are warming to the idea of a Biden-Harris ticket to take on President Donald Trump. ‘That would be a dream ticket for me, a dream ticket!’ said Rep. Lacy Clay (D-Mo.). ‘If she is not the nominee, that would be a dream ticket for this country.’” NYT

— DES MOINES REGISTER FRONT PAGE: “What’s on caucusgoers’ minds? We tracked it.”

— NYT’S LISA FRIEDMAN: “Biden’s 2020 Rivals Attack Him From the Left on Climate Change”: “[Biden’s] 2020 rivals and a group of progressive environmental organizations are attacking him as being weak on climate change, a sign of the central role global warming is shaping up to play as an issue in the Democratic primary.

“The criticisms are based on a yet-to-be-released plan outlined in a Reuters report in which one person advising Mr. Biden characterized the Democratic front-runner as seeking a ‘middle ground’ on policies to reduce planet-warming emissions. Additional details in the report described Mr. Biden’s forthcoming policy as likely to include reinstating Obama-era regulations on automobiles and coal-fired power plants, while leaving a role for nuclear energy and natural gas in the United States energy mix.

“The emerging policy has sparked criticism among Mr. Biden’s political rivals, and left supporters worried that he is underestimating the passion on climate change, particularly among Millennials who have embraced the Green New Deal, an ambitious resolution calling for an end to fossil fuels. … The Biden campaign has accused Reuters of mischaracterizing the candidate’s plans. But a campaign spokesman, T.J. Ducklo, declined to offer specifics. A Reuters spokeswoman said the news organization stands behind its reporting.” NYTThe original Reuters story

— WAPO’S MICHAEL SCHERER, DAN BALZ and MATT VISER: “They worked for Obama. They’re not supporting Biden — yet”: “Only one of the 21 Democrats running for president wants voters to see him as the establishment choice best able to fulfill the promise of President Barack Obama’s third term. But former vice president Joe Biden has yet to become a consensus pick of the White House and campaign advisers who made Obama’s two terms possible. With some exceptions, the generation that brought to Washington an insurgent message they called ‘hope and change’ is once again resisting pressure to get in line, as they scan the field for a possible heir to Obama’s transformational 2008 candidacy and worry about a repeat of the disastrous 2016 election.

“Many others, however, speak of their continued hunger for a new generation of leadership and a fresh face who can transcend political divisions. They worry about siding with a lifelong Washington fixture. And they are eager for someone like Obama who can bring new voters to the polls.” WaPo

“Trump Has a Strong Economy to Proclaim. In Wisconsin, It Just Might Work,” by NYT’s Jeremy W. Peters in Colfax, Wis.

— CHARLOTTE OBSERVER FRONT PAGE: “GOP 9th District campaigns offer test for 2020 election”

KNIVES ARE OUT … WSJ’S MARK MAREMONT: “Leaked Letters Reveal Details of NRA Chief’s Alleged Spending”: “[NRA] Chief Executive Wayne LaPierre billed the group’s ad agency $39,000 for one day of shopping at a Beverly Hills clothing boutique, $18,300 for a car and driver in Europe and had the agency cover $13,800 in rent for a summer intern, according to newly revealed NRA internal documents.

“The documents, posted anonymously on the internet, provide new details of the clothing, travel and other expenses totaling more than $542,000 that Ackerman McQueen Inc. alleges Mr. LaPierre billed to it. The travel expenses allegedly include more than $200,000 in ‘Air Transportation’ costs during a one-month period in late 2012 and early 2013, in part related to a two-week trip over Christmas to the Bahamas by Mr. LaPierre.” WSJ

THE NEW YORKER’S ISAAC CHOTINER, “Michael Oren Cuts Short a Conversation About Israel”: Q: “I have some other questions you might be interested in.” A: “I’m sorry, I am not interested, because you are not interested in anything I have to say. I get it. I get what you are trying to do. You are not actively participating. That’s it. Let’s just pull it.” Q: “You don’t even want to hear my other questions?” A: “Nah, not really.” Q: “I am curious about American-Israeli relations.”

A: “But you are not interested in this, you are not actually interested in what I have to say. And I can see already you are going to put things in my mouth that you have taken out of context.” Q: “I am not going to take anything out of context.” A: “Sure you are. You already have in the questions. Your questions are hostile, but they are not even informed hostile. You are not that good. So let’s just pull it, and we will call it quits, and please don’t call me again. Take care. [Hangs up.]” The New Yorker

“Jared Kushner’s Peace Plan Would Be a Disaster,” by Robert Satloff in The American Interest: “The only way to protect the long-term viability of the best aspects of the Kushner plan is to kill the plan.”

WHAT AMERICA IS READING — Arkansas Democrat-Gazette: “Patients’ wait for cannabis over in state”Denver Post: “Data: Denver area has a target on it: ‘…It is not an isolated incident anymore. It’s happening so much that it’s having more of an impact” … Miami Herald: “Trump deplores Chavistas, but did he cash in selling property to one of them?”Atlanta Journal-Constitution: “Gentrification wave hits historic Atlanta”

… Idaho Statesman: “More states take up bans on abortion” Chicago Tribune: “Bill aims to force boards to diversify”Austin American-Statesman: “Lizard plays outsized role in fracking boom”

BONUS GREAT WEEKEND READS, curated by Daniel Lippman, filing from NYC:

— “Exclusive: Trump, the billion-dollar loser — I was his ghostwriter and saw it happen,” by Charles Leerhsen in Yahoo News. Yahoo News

— “My Cousin Was My Hero. Until the Day He Tried to Kill Me,” by Wil S. Hylton in NYT Magazine: “For years, I was drawn to his strength, his bravado, his violence. But then he forced me to come to terms with how that idea of masculinity poisoned his life — and mine.” NYT

— “The Birth-Tissue Profiteers,” by Caroline Chen in The New Yorker: “How well-meaning donations end up fuelling an unproven, virtually unregulated two-billion-dollar stem-cell industry.” The New Yorker

— “The Coming Generation War,” by Niall Ferguson and Eyck Freymann in The Atlantic – per TheBrowser.com’s description: “A ‘growing generational division’ in American politics could prove ‘more important than the cleavages of race and class’. Democrats are ‘rapidly becoming the party of the young’, while Republicans are ‘leaning ever more heavily on retirees’. In 20 years Gen Z and Millennials will make up almost two-thirds of the American voting-age population.” The Atlantic

— “The Disaster and How Some Escaped,” by Will Stephenson in Believer Magazine – per Longform.org’s description: “On the curious life of Archibald Butt, confidant to President Taft and tragic victim of the sinking Titanic.” Believer Magazine

— “Tracy Morgan Turns the Drama of His Life Into Comedy,” by Vinson Cunningham in The New Yorker: “After a near-fatal car crash, the actor got enough money from a settlement that he no longer has to work. But, with his own TV series and a return to standup, he has become even more ambitious.” The New Yorker

— “Beto + Sasha,” by Sasha Watson in WaPo Magazine: “The bizarre experience of watching my college boyfriend run for president.” WaPo

— “AirPods Are a Tragedy,” by Caroline Haskins in Vice: “When you die, your bones will decompose in less than a century, but the plastic shell of AirPods won’t decompose for at least a millennia. Thousands of years in the future, archaeologists will find AirPods in the forgotten corners of homes.” Vice (hat tip: TheBrowser.com)

— “The Emptiness of Adam Gopnik’s Liberalism,” by David Sessions in TNR: “His new book lacks a fundamental understanding of political-economic power.” TNR

— “Down and Out in the Gig Economy,” by Jacob Silverman in TNR: “Journalism’s dependence on part-time freelancers has been bad for the industry—not to mention writers like me.” TNR

— “Game of Crones” – Longreads.com: “It wasn’t entirely Laura Lippman’s idea to become a mother in her 50s. But when it happened, she leaned in hard.” Longreads

— “Was Shakespeare a Woman?” by Elizabeth Winkler in The Atlantic’s June issue: “The authorship controversy, almost as old as the works themselves, has yet to surface a compelling alternative to the man buried in Stratford. Perhaps that’s because, until recently, no one was looking in the right place. The case for Emilia Bassano.” The Atlantic

WELCOME TO THE WORLD … Melissa Luce, senior communications officer at the Bill and Melinda Gates Foundation, and Mike Luce, of the Dover Strategy Group, welcomed Sullivan Walter Luce last Saturday, May 5. Ryder Sherman will keep a close watch over Sully. Two pics

WEEKEND WEDDINGS — “Jessica Schneider, Adam Harrison” – N.Y. Times: “The bride, 39, is a justice correspondent in Washington for CNN. … The groom, 41, is a project manager in Arlington, Va., for John Moriarty & Associates, a construction management firm.” With a pic. NYT

–OBAMA ALUMNI: “Theresa Guo, Joon Suh” – N.Y. Times: “Dr. Guo, 33, is completing her otolaryngology residency training at Johns Hopkins University in Baltimore. In July, she is to continue her training in treatment of head and neck cancer at the M. D. Anderson Cancer Center in Houston. … Mr. Suh, 37, works in Washington as the chief of staff to Representative Lucy McBath, Democrat of Georgia. He previously served as a polling consultant for several political campaigns, including the 2008 presidential campaign of Barack Obama.” With a pic. NYT

–“Emi Suzuki, Daniel Sutton” – NY Times: “Ms. Suzuki, 30 … is an assistant general counsel at Textron, a global aerospace and defense technologies conglomerate based in Providence, R.I. … Mr. Sutton, 32, is the deputy chief of policy for the Rhode Island attorney general’s office in Providence. He previously worked in Washington as the assistant to the associate director of national security programs in the White House Office of Management and Budget during the Obama administration.” With a pic. NYT

BIRTHDAY OF THE DAY: Derron Parks, senior strategist at Federal Street Strategies and a former Senate staff director, is 4-0. Playbook Plus Q&A

BIRTHDAYS: Paul Begala is 58 … Matthew Hiltzik, president/CEO of Hiltzik Strategies, is 47 … Invariant’s Penny Lee … Yahoo News’ Michael Isikoff is 67 (h/t Tim Burger) … POLITICO’s Andrew Thorne and Alexandra Levine … Allison Turner … Joe DeFeo … Patricia Zengerle of Reuters … NPR’s Miranda Kennedy … Business Insider alum Brett LoGiurato is 3-0 … Kevin O’Malley, Obama’s ambassador to Ireland, is 72 … Charlie Dixon … Jonathan E. Kaplan, comms. officer for the Open Society Foundations … Amanda Christine Miller, senior director of corporate communications at PayPal, is 41 … Kim Dixon … James Rosen, Miami Herald alum … Stephanie Z. Smith, senior producer at ABC News … Hardy Spire … Erica Arbetter, civics outreach manager at Google … Thomas Pudney … Kevin Fox … Stan Olshefski of DOL (h/t Jeff Grappone) … Mike Wessel (h/t Tracy Sefl) … Jim Boales … former Rep. Frank LoBiondo (R-N.J.) is 73 …

… Colorado Gov. Jared Polis is 44 … Talley Diggs (h/t Akhil Bery) … former Nebraska Gov. Dave Heineman is 71 (h/t Blake Waggoner) … Liza Donnelly … Tom Strong-Grinsell, Pete Buttigieg’s deputy finance director for tri-state region (h/ts Lisa Vedernikova and James Adams) … Philip Wegmann (h/ts nephew Hank and niece Etta) … Daniel Libeskind is 73 … Matthew Wagner … Lawrence Grayson, SVP at Bank of America … Bernard Marcus, co-founder and the first CEO of Home Depot, is 9-0 … Jeff Holmes is 27 … Leah Chandler … Josh Cohen, principal of New Heights Communications (h/t Christy Setzer) … Michael Overton … Gallup’s Riley Brands … Allie Kimmel … Leigh Szubrowski … Charity Wallace … Pete Haviland-Eduah … Victoria Lion-Monroe … Patrick King … Lyle Canceko … Mike Harris is 63 … Tommy Gardner … Starbucks’ Casey Owens … Rachel McGreevy … Alicia Kolar Prevost … Robert Crawford is 63 … Joyce Deep (h/t Teresa Vilmain)

Read More

LEAVE A REPLY

Please enter your comment!
Please enter your name here