U.S. stock market futures fell more than 1,000 points in the hours after President Trump’s address to the nation on the global coronavirus pandemic.
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Recent Posts
Trump’s Most Dangerous Cabinet Pick
Jonathan Chait: “For a few hours, Pete Hegseth’s nomination as secretary of defense was the most disturbing act of Donald Trump’s presidential transition. Surely the Senate wouldn’t confirm an angry…
Bluesky Soars After the Election
Bluesky, an alternative to Elon Musk’s X, saw downloads rise by 430% during election week, Axios reports. Follow Political Wire on Bluesky at @politicalwire.com. Save to Favorites
A Pollster Explains Why Kamala Harris Lost
Democratic pollster Nick Gourevitch told the Washington Post that Kamala Harris lost the presidential election because of overwhelming voter concerns about the economy and inflation. Said Gourevitch: “To be honest,…
Marjorie Taylor Greene Will Back Mike Johnson This Time
After leading an unsuccessful effort to oust Speaker Mike Johnson, Rep. Marjorie Taylor Greene (R-GA) plans to support his reelection as speaker next year, Punchbowl News reports. The support from…
Kim Jong Un Not Interested in Talking to Trump
“North Korean leader Kim Jong Un appeared to rebuff the prospect of reviving his nuclear diplomacy with President-elect Donald Trump,” the Wall Street Journal reports. “North Korea’s state media reported…
The Trump-Trumpist Divide
Adam Serwer: “Members of Donald Trump’s inner circle understandably wish to interpret the election results as a mandate for the most extreme right-wing policies, which include conducting mass deportations and…
Trump Still Wields Power Over Many Republican Senators
The quick demise of Matt Gaetz’s nomination to be attorney general is proof that politics isn’t broken. Republican senators must still answer to the voters and were unwilling to put…
The ‘Landslide’ That Wasn’t
Peter Baker: “On the night he won a second term, President-elect Donald Trump rejoiced in the moment. ‘America has given us an unprecedented and powerful mandate,’ he boasted. In the…
Quote of the Day
“This is good, actually. She barely shows up and doesn’t do the reading. To borrow a phrase I saw elsewhere, it’s like giving someone an unplugged controller.” — Rep. Alexandria…
Merkel Recalls What It Was Like Dealing With Trump
Just published: Freedom: Memoirs 1954-2021 by former German chancellor Angela Merkel. New York Times: “Long-anticipated in Germany, the book… promises the inside story of the taciturn woman many saw as…
Biden’s Team Pushes to Get Money Out the Door
Washington Post: “Biden and his aides have concluded that they have few ways to block President-elect Donald Trump’s plans to upend agencies and shatter norms, but there is one big…
Chaos Reigns Supreme in Trump’s Washington
Axios: “Trump won’t be inaugurated for another two months, but MAGA mayhem is already dominating the news cycle in the same ways it did throughout his first term…” “If past…
Why Trump May Get Off to a Slow Start
Semafor: “On top of their small majority, Republicans may also have two troublesome tasks to handle next year: funding the government for the rest of the fiscal year and raising…
Kevin Warsh Is Frontrunner for Treasury
“President-elect Donald Trump has floated selecting the financier Kevin Warsh as his Treasury secretary with the understanding that he could later be nominated to lead the Federal Reserve when Jerome…
Ben Carson May Return as Housing Secretary
“Ben Carson — the former neurosurgeon who helmed the Department of Housing and Urban Development in the first Trump administration — is a favorite to return to the role if…
Politics Ain’t Dead
The latest episode of Trial Balloon is live for members. Matt Gaetz gives up after just eight days. What does that say about power and politics in America? Join now…
Matt Gaetz Showed Trump Not as Powerful
Politico: “Rather than showcasing Trump’s absolute power over his GOP allies, it revealed his limits. The doomed nomination lasted just eight days — and its failure is an unwelcome lesson…
Even Trump Has His Limits on Drama
Playbook: “For years, the conventional wisdom around Trump is that he has a sweet tooth for chaos and that his appetite is bottomless as long as he ultimately gets the…
Inside Trump’s Plan to Shake Up the FBI
“President-elect Donald Trump is considering shaking up the leadership at the FBI by firing the director and installing an experienced former agent and MAGA loyalist in the top two roles,”…
Trump Picks Pam Bondi for Attorney General
President-elect Donald Trump named Pam Bondi as his new attorney general pick, NBC News reports. In 2013, while she was Florida Attorney General, Bondi received a $25,000 donation from Trump…