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The Pronk Pops Show 1379, January 16, 2020, Part 2 of 2 — Story 1: President Trump Signs Phase One Trade Agreement With Communist China — Will It Be Fully Enforceable? — Time Will Tell — Videos — Story 2: President Trump’s  United States Mexico Canada Agreement (USMCA) Bill Passes Senate — On It Way For President Trump’s Signature  — Big Win For Trump and American People — Videos — Story 3: REDS (Radical Extremist Democrat Socialist) Show Trial In House is Over — An American Fair Trial Begins Next Tuesday in Senate — Acquittal of President Trump Expected In 30 Days or Less —  Videos — Story 4: Capitalism vs. Socialism or Trump vs. Sanders Not Lying Loser Warren — Capitalism and Trump Winners — Videos

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Done deal: Donald Trump and Liu He sign the phase one trade deal which calls a halt to escalations in the U.S.-China trade deal and is claimed to mean up to $50 billion in agricultural sales to ChinaSee the source image

See the source imageSee the source image

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Part 2 of 2 — Story 1: President Trump Signs Phase One Trade Agreement With Communist China — Will It Be Fully Enforceable? — Time Will Tell — Videos

Trump speaks before signing “Phase One” of China trade deal

Larry Kudlow breaks down the implications of the US-China trade deal

Trump signs phase one of US-China trade deal

Trump signs partial trade deal with China l ABC News

Mnuchin: US won’t lift China tariffs until phase two of trade deal

Jamie Dimon praises Trump economy, China trade deal in exclusive interview

US Trade Rep. Lighthizer on historic ‘phase-one’ China trade deal

Wilbur Ross: China trade deal, USMCA total $2 trillion in trade

 

Donald Trump signs ‘phase one’ of trade deal with China which ends escalation of his trade war—and complains about the ‘impeachment hoax’ at White House ceremony with Xi Jinping’s deputy looking on

  • Donald Trump took a victory lap as he signed a trade deal with China at the White House – as his impeachment sped ahead at the other end of Pennsylvania Avenue
  • He touted his economy and launched attack after attack on his enemies at packed East Room ceremony, railing against the ‘impeachment hoax’
  • Trump has vowed that he would ink a trade deal with China for more than two years and imposed steep tariffs to bring Beijing to the table
  • Signing is for ‘phase one’ and the White House promises more segments in the future
  • Xi Jinping didn’t come for the signing but sent a lower-level official, vice-premier Liu He and Trump said he will go back to China soon to ‘reciprocate’
  • It’s unclear what he’s reciprocating for, since Xi didn’t come 
  • East Room press credentials didn’t have a date printed on them, suggesting the White House wasn’t confident the event would happen on schedule
  • President urged House members in the audience to leave early if they needed to cast a vote on sending impeachment articles to the Senate 

Donald Trump took a victory lap on Wednesday as he signed a trade deal with China at the White House as his impeachment sped towards the Senate on Capitol Hill.

He boasted to an audience of dignitaries that a new trade deal with China will bring ‘a future of fair and reciprocal trade,’ then complained about the ‘impeachment hoax,’ and praised a string of Republican senators who he needs to vote for his acquittal.

The president has long complained about a massive trade deficit between Washington and Beijing. He pledged during the 2016 campaign to come down hard on China.

‘We are righting the wrongs of the past,’ he said Wednesday, observing that ‘our negotiations were tough, honest, open and respectful.’

‘This is the biggest deal anyone’s ever seen,’ he said, because ‘China has 1.5 billion people.’

The president spent nearly a half-hour acknowledging business leaders and lawmakers who crowded into the East Room to watch. And he noted that some House members might have to leave early in order to vote on a motion to send articles of impeachment to the U.S. Senate.

Some of the congressmen may have a vote—it’s on the impeachment hoax—so if you want, you go out and vote. … It’s not going to matter becausae it’s gone very well. But I’d rather have you voting than sitting here listening to me introduce you, okay?’ he said with a grin.

‘They have a hoax going on over there. Let’s take care of it.’

Trump was not accompanied by Chinese President Xi Jinping, who sent Vice Premier Liu He in his place. Xi’s absence left some with the impression that Washington wants the deal more than Beijing does.

Done deal: Donald Trump and Liu He sign the phase one trade deal which calls a halt to escalations in the U.S.-China trade deal and is claimed to mean up to $50 billion in agricultural sales to China

Done deal: Donald Trump and Liu He sign the phase one trade deal which calls a halt to escalations in the U.S.-China trade deal and is claimed to mean up to $50 billion in agricultural sales to China

Signed, sealed, delivered: China's vice-premier Liu He and Donald Trump show their signatures in the completed phase one trade deal

Signed, sealed, delivered: China’s vice-premier Liu He and Donald Trump show their signatures in the completed phase one trade deal

East room ceremony: Donald Trump hosted the Chinese vice-premier Liu He in the East Wing in front of an audience of Republican senators and Congressmen and figures from the American business world - almost all of whom he named

East room ceremony: Donald Trump hosted the Chinese vice-premier Liu He in the East Wing in front of an audience of Republican senators and Congressmen and figures from the American business world – almost all of whom he named

President Donald Trump stood alongside China's vice premier Liu He, not its president Xi Jinping, when he signed a landmark trade deal on Wednesday

President Donald Trump stood alongside China’s vice premier Liu He, not its president Xi Jinping, when he signed a landmark trade deal on Wednesday

Awkward exchange: Donald Trump moved to shake hands with China's vice-premier Liu He, who extended his left hand instead

Awkward exchange: Donald Trump moved to shake hands with China’s vice-premier Liu He, who extended his left hand instead

Unusual handshake: After Liu He extended his left hand, Donald Trump grasped two of his fingers in an attempt to shake his hand

The president announced that he will ‘be going back to China in the not-too-distant future to reciprocate,’ but it’s unclear what he would be reciprocating for.

Vice President Mike Pence said the deal would guarantee $40-50 billion in Chinese purchases of American agriculture products.

And Trump said China will stop forcing American companies to share proprietary technologies with Chinese partners. ‘You don’t have to give up anything anymore. Just be strong,’ he said to business leaders in the room.

The White House’s guests included top executives from UPS, Boeing, AIG, JP Morgan Chase, Mastercard, VISA, Citibank, Honeywell, Dow Chemical, eBay and Ford Motor Company; casino magnate Sheldon Adelson, who aims to see markets opened to him in China; television commentator Lou Dobbs; and Trump’s ambassador in Beijing, Terry Branstad.

Second time lucky: After Liu He spoke through a translator, the two succeeded in shaking hands

Second time lucky: After Liu He spoke through a translator, the two succeeded in shaking hands

Trump acknowledged lawmakers and businessmen in the East Room including casino tycoon Sheldon Adelson

Trump acknowledged lawmakers and businessmen in the East Room including casino tycoon Sheldon Adelson

Chinese representative: President Xi Jinping sent vice-premier Liu He, who spoke through a translator (left)

Chinese representative: President Xi Jinping sent vice-premier Liu He, who spoke through a translator (left)

Packed: The East Room was fool for the invited audience of business leaders, White House aides and congressional Republicans

Packed: The East Room was fool for the invited audience of business leaders, White House aides and congressional Republicans

Everyone gets a mention: Chuck Grassley, the Iowa senator was asked to stand, while Trump claimed that Grassley had 'made [James] Comey choke like a dog'

Official delegation:Donald Trump is flanked by as Vice President Mike Pence and Treasury Secretary Steven Mnuchin and U.S. trade representative Robert Lighthizer

First daughter: Ivanka Trump was followed into the East Room by Robert O'Brien, the National Security Advisor

Branstad, a longtime Iowa governor before coming to Washington, got the job because of his deep ties to global agriculture.

While Wall Street will carefully examine the fine print, the trade deal will allow businesses around the globe to breathe a sigh of relief.

After a nearly two-year battle, the signing could give Trump an election-year boost as well. Still, tariffs on hundreds of billions of dollars in imports remain in place, leaving many Americans to foot the bill.

Reporters covering the East Room event on Wednesday wore White House credentials with no date printed on them. That unusual feature suggests Trump’s trade negotiators weren’t certain whether the event would happen as scheduled.

Journalists shoot shoulder-to-shoulder, including a contingent of dozens from Chinese media outlets.

The ‘phase one’ agreement—which includes pledges from China to beef up purchases of American crops and other exports—also comes just as Trump faces an impeachment trial in the U.S. Senate, giving him a victory to trumpet at least in the short term.

As he is about the face an impeachment trial, President Donald Trump will be able to tout a trade deal with China

It's unclear which country will get the better end of the deal, but Trump has trumpeted every development that is favorable to the United States

It’s unclear which country will get the better end of the deal, but Trump has trumpeted every development that is favorable to the United States

China-US trade has diminished in both directions since Trump began venting about an imbalance of hundreds of billions of dollars wach year

The easing of US-China trade frictions has boosted stock markets worldwide in recent weeks, as it takes the threat of new tariffs off the table for now.

And Treasury Secretary Steven Mnuchin said Trump’s negotiating stance led to a ‘fully enforceable deal’ which could bring additional tariffs.

If China fails to abide by the agreement, ‘the president has the ability to put on additional tariffs,’ Mnuchin said on CNBC Wednesday as part of a media blitz promoting the new pact.

However, the most difficult issues remain to be dealt with in ‘phase two’ negotiations, including massive subsidies for state industry and forced technology transfer.

But Mnuchin said the deal puts pressure on Beijing to stay at the negotiating table and make further commitments, including on cyber-security and other services to win relief from the tariffs that remain in place.

‘In phase two there will be additional roll backs,’ Mnuchin said. ‘This gives China a big incentive to get back to the table and agree to the additional issues that are still unresolved.’

Still, elements of the deal the administration has touted as achievements effectively take the relationship between the two powers back to where it was before Trump took office.

The US-China phase-one deal is essentially a trade truce, with large state-directed purchases attached,’ economist Mary Lovely said in an analysis.

Even so, ‘The truce is good news for the U.S. and the world economy.’

Still, the trade expert with the Peterson Institute for International Economics, cautioned that ‘we will continue to see the impact of this in slower investment and higher business costs.’

U.S. officials have said they will release details of the agreement set to be signed at a White House ceremony at 11:30 a.m. Wednesday.

After announcing the deal December 13, the U.S. canceled a damaging round of new tariffs that were due to kick in two days later and promised to slash in half the 15 percent tariffs on $120 billion imposed September 1 on consumer goods like clothing.

Mnuchin dismissed a Bloomberg report that the initial agreement could include provisions to roll back more tariffs on China after the election.

‘The tariffs will stay in place until there is a phase two. If the president gets phase two quickly, he will consider releasing tariffs. If not, there won’t be any tariff relief,’ Mnuchin said Tuesday on Bloomberg TV.

‘It has nothing to do with the election or anything else.’

Washington said Beijing agreed to import, over two years, $200 billion of U.S. products above the levels in 2017, before Trump launched his offensive.

Trump has repeatedly touted the trade pact as a boon for American farmers, saying China will buy $40 to $50 billion in agricultural goods.

U.S. farmers were hit hard by the tariff war—notably on soybeans which saw exports to China plunge to just $3 billion from more than $12 billion in 2017. The Trump administration paid out $28 billion in aid to farmers in the last two years.

But many economists question whether they have the capacity to meet that demand.

And Lovely raised a question about the wisdom on relying so heavily on the Chinese market.

‘It also means Chinese retaliation could be reinstated, dampening farmers’ willingness to invest to meet the very hard export targets in the deal.’

U.S. and Chinese officials say the agreement includes protections for intellectual property and addresses financial services and foreign exchange while including a pr.ovision for dispute resolution, which Mnuchin said will be binding for the first time.

Trump in August formally accused China of manipulating its currency to gain an advantage in trade and offset the impact of the tariffs.

The label, which had no real practical impact, was removed earlier this week.

The deal also restores a twice-yearly dialogue process that previous administrations conducted regularly but that Trump scrapped.

https://www.dailymail.co.uk/news/article-7889301/US-China-set-sign-vital-trade-truce.html

 

U.S. and China tiptoe around holes in new trade agreement

by Reuters
Thursday, 16 January 2020 00:46 GMT

By Jeff Mason, Andrea Shalal and David Lawder

WASHINGTON, Jan 15 (Reuters) – The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world’s two largest economies but leaving a number of sore spots unresolved.

Beijing and Washington touted the “Phase 1” agreement as a step forward after months of start-and-stop talks, and investors greeted the news with relief. Even so, there was skepticism the U.S.-China trade relationship was now firmly on the mend.

The deal fails to address structural economic issues that led to the trade conflict, does not fully eliminate the tariffs that have slowed the global economy, and sets hard-to-achieve purchase targets, analysts and industry leaders said.

While acknowledging the need for further negotiations with China to solve a host of other problems, President Donald Trump hailed the agreement as a win for the U.S. economy and his administration’s trade policies.

“Together, we are righting the wrongs of the past and delivering a future of economic justice and security for American workers, farmers and families,” Trump said in rambling remarks at the White House alongside U.S. and Chinese officials.

Chinese Vice Premier Liu He read a letter from President Xi Jinping in which the Chinese leader praised the deal as a sign the two countries could resolve their differences with dialogue.

The centerpiece of the deal is a pledge by China to purchase at least an additional $200 billion worth of U.S. farm products and other goods and services over two years, above a baseline of $186 billion in purchases in 2017, the White House said.

Commitments include $54 billion in additional energy purchases, $78 billion in additional manufacturing purchases, $32 billion more in farm products, and $38 billion in services, according to a deal document released by the White House.

Liu said Chinese companies would buy $40 billion in U.S. agricultural products annually over the next two years “based on market conditions.” Beijing had balked at committing to buy set amounts of U.S. farm goods earlier, and has inked new soybean contracts with Brazil since the trade war started.

Key world stock market indexes climbed to record highs on hopes the deal would reduce tensions, before closing below those highs, while oil prices slid on doubts the pact will spur world economic growth and boost crude demand.

Soybean futures, which traded 0.4% lower throughout much of the deal signing ceremony, sank even further after Liu’s remarks, a sign that farmers and traders were dubious about the purchase goals.

The deal does not end retaliatory tariffs on American farm exports, makes farmers “increasingly reliant” on Chinese state-controlled purchases, and does not address “big structural changes,” Michelle Erickson-Jones, a wheat farmer and spokeswoman for Farmers for Free Trade, said in a statement.

Trump and his economic advisers had pledged to attack Beijing’s long-standing practice of propping up state-owned companies and flooding international markets with low-priced goods as the trade war heated up.

Although the deal could be a boost to U.S. farmers, automakers and heavy equipment manufacturers, some analysts question https://af.reuters.com/article/commoditiesNews/idAFL4N29J26S China’s ability to divert imports from other trading partners to the United States.

“I find a radical shift in Chinese spending unlikely. I have low expectations for meeting stated goals,” said Jim Paulsen, chief investment strategist at Leuthold Group in Minneapolis. “But I do think the whole negotiation has moved the football forward for both the U.S. and China.”

Trump, who has embraced an “America First” policy aimed at rebalancing global trade in favor of U.S. companies and workers, said China had pledged action to confront the problem of pirated or counterfeited goods and said the deal included strong protection of intellectual property rights.

U.S. Speaker of the House of Representative Nancy Pelosi said Trump’s China strategy had “inflicted deep, long-term damage to American agriculture and rattled our economy in exchange for more of the promises that Beijing has been breaking for years,” in a statement.

Earlier, top White House economic adviser Larry Kudlow told Fox News the agreement would add 0.5 percentage point to U.S. gross domestic product growth in both 2020 and 2021.

Aviation industry sources said Boeing Co was expected to win a major order for wide-body jets from China, including its 787 or 777-9 models, or a mixture of both. Such a deal could ease pressure on the 787 Dreamliner, which has suffered from a broad downturn in demand for large jets, forcing the planemaker to trim production late last year.

CCTV, China’s state-run television outlet, said the deal would satisfy China’s increasingly demanding consumers by supplying products like dairy, poultry, beef, pork, and processed meat from the United States.

TARIFFS TO STAY

The Phase 1 deal, reached in December, canceled planned U.S. tariffs on Chinese-made cellphones, toys and laptop computers and halved the tariff rate to 7.5% on about $120 billion worth of other Chinese goods, including flat-panel televisions, Bluetooth headphones and footwear.

But it will leave in place 25% tariffs on a $250-billion array of Chinese industrial goods and components used by U.S. manufacturers, and China’s retaliatory tariffs on over $100 billion in U.S. goods.

Market turmoil and reduced investment tied to the trade war cut global growth in 2019 to its lowest rate since the 2008-2009 financial crisis, the International Monetary Fund said in October.

Tariffs on Chinese imports have cost U.S. companies $46 billion. Evidence is mounting that tariffs have raised input costs for U.S. manufacturers, eroding their competitiveness.

Diesel engine maker Cummins Inc said on Tuesday the deal will leave it paying $150 million in tariffs for engines and castings that it produces in China. It urged the parties to take steps to eliminate all the tariffs.

Trump, who has been touting the Phase 1 deal as a pillar of his 2020 re-election campaign, said he would agree to remove the remaining tariffs once the two sides had negotiated a “Phase 2” agreement.

“They will all come off as soon as we finish Phase 2,” said Trump, who added that he would visit China in the not-too-distant future.

Trump added that those negotiations would start soon, though in a Fox Business Network interview that aired on Wednesday evening, Vice President Mike Pence said: “We’ve already begun discussions on a Phase 2 deal.”

(Reporting by Jeff Mason, Andrea Shalal and Dave Lawder Additional reporting by Echo Wang, Lisa Lambert, Susan Heavey Lisa Lambert and Doina Chiacu in Washington, Tim Aeppel in New York, Mark Weinraub in Chicago, Se Young Lee and Stella Qui in Beijing and Tim Hepher in Paris; Writing by Heather Timmons; Editing by Paul Simao, Leslie Adler and Richard Chang)

http://news.trust.org/item/20200115222233-ea7xk

Story 2: President Trump’s  United States Mexico Canada Agreement (USMCA) Bill Passes Senate  89 to 10 Vote– On It Way For President Trump’s Signature  — Big Win For Trump and American People — Videos —

Senate passes USMCA trade deal

U.S. Senate passes USMCA trade agreement

Donald Trump’s USMCA trade pact finally passes through both houses of Congress as he touts China truce as ‘one of the greatest trade deals ever made’ but Democrats’ impeachment overshadows everything

  • NAFTA replacement will go to Trump’s Oval Office desk for his signature
  • President has pushed the plan for months but it languished in Democrat-run House of Representatives
  • Speaker Nancy Pelosi put it on the agenda a day after her caucus impeached the president
  • That sent it to the Senate, which will try the impeachment cases beginning next week
  • Trump inked a major trade deal with China on Wednesday but even that has been overshadowed by impeachment 

Donald Trump tried to nudge the news cycle away from impeachment on Thursday as his long-languishing U.S. Mexico Canada Agreement finally passed in the Senate.

The final tally was 89-10. Democrats Elizabeth Warren and Bernie Sanders, two of the presidential primary front-runners, took different approaches. Warren voted yes, Sanders no.

The vote was a rare moment of bipartisanship, a blipp on senators’ radar as they prepared for weeks of wrangling during Trump’s impeachment trial.

The president said farmers in America are ‘really happy’ with both the USMCA and a broad trade truce he signed Wednesday with China. 

Impeachment politics also overshadowed the House’s vote to green-light the USMCA, which came just one day after Democrats led a vote to charge Trump with two constitutional crimes.

The U.S. Senate passed the U.S> Mexico Canada Agreement on Thursday just before launching full bore into impeachment procedures

President Donald Trump got a double trade victory after his deal with China on Wednesday but all eyes were on the impeachment ceremonies

President Donald Trump got a double trade victory after his deal with China on Wednesday but all eyes were on the impeachment ceremonies

Senate Majority Leader Mitch McConnell (center) had to wait to put the USMCA on the Senate floor for a vote until the House passed it; Democratic Speaker Nancy Pelosi sat on the trade treaty for months

Senate Majority Leader Mitch McConnell (center) had to wait to put the USMCA on the Senate floor for a vote until the House passed it; Democratic Speaker Nancy Pelosi sat on the trade treaty for months

Senate Majority Leader Mitch McConnell described the pact as a ‘major win for the Trump administration, a major win for those of us who are already ready to move past this season of toxic political noise.’ 

Republican Sen. Chuck Grassley of Iowa called the USMCA ‘a major achievement for President Trump and a bipartisan deal for the American people.’

Democrats scrambled to take credit for upgrading the USMCA’s environmental and worker-protection clauses. Oregon Sen. Ron Wyden claimed he and his colleagues gave the plan ‘a trade enforcement regime with real teeth.’

He also praised Trump’s chief negotiator Robert Lighthizer as ‘the hardest working man in the trade business.

Trump blamed the current trade pact with Canada and Mexico, the Bill Clinton-era North American Free Trade Agreement, for sending millions of manufacturing jobs to low-wage plants south of the U.S. border. His administration secured changes that aim to have more cars produced where workers earn an average of at least $16 an hour. 

Pelosi held onto the USMCA until she could deny Trump a positivev news cycle, letting impeachment overshadow it completely

It also secured changes that require Mexico to change its laws to make it easier for workers to form independent unions, which should improve worker conditions and wages and reduce the incentive for U.S. companies to relocate their plants.

While the administration completed its negotiations with Canada and Mexico more than a year ago, Democrats in the House insisted on changes to the pact that they say make it more likely Mexico will follow through on its commitments.

As part of those negotiations, the administration agreed to drop a provision that offered expensive biologic drugs—made from living cells—10 years of protection from cheaper knockoff competition.

The biggest holdouts are environmental groups, which continue to oppose the measure because it doesn´t address climate change. Indeed, they contend the agreement would contribute to rising temperatures.

Sen. Dick Durbin, D-Ill., marveled Wednesday at how leaders of organized labor and farm groups in his state appeared together to support the pact.

‘They both agree that this USMCA trade agreement is a step forward, an improvement over the original NAFTA,’ Durbin said. ‘I think we´ve added to this process by making it truly bipartisan.’

https://www.dailymail.co.uk/news/article-7895471/Trumps-USMCA-trade-pact-finally-passes-China-deal-signing-impeachment-overshadows-all.html

 

Congress

Senate passes USMCA bill, giving Trump a win on trade

The Senate voted 89-10 to clear the bill for Trump’s signature

Sen. Jim Risch, R-Idaho, checks his watch while waiting for Sen. Bernie Sanders, I-Vt., to wrap up a press conference in the Senate Radio/TV studio on Thursday, Jan. 9, 2020. Sen. Risch along with Sen. John Barrasso, R-Wyo., Sen. Roger Wicker, R-Miss., and Sen. Chuck Grassley, R-Iowa, were waiting to hold a press conference on USMCA, which passed the Senate Thursday. (Bill Clark/CQ Roll Call)

The Senate approved implementing legislation Thursday for a renegotiated version of the North American Free Trade Agreement, giving President Donald Trump a victory as the Senate moved to swearing in its members as jurors in Trump’s impeachment trial.

The Senate voted 89-10 to clear the bill for Trump’s signature, with several dissenting Democrats citing the absence of climate change provisions as a lost opportunity to address the issue on an international scale since Trump withdrew the U.S. from the Paris climate agreement. U.S. Trade Representative Robert Lighthizer, who negotiated the deal, watched the vote from the public gallery.

The vote on the United States-Mexico-Canada Agreement occurred after the Senate voted to waive budget restrictions. Sen. Patrick J. Toomey, R-Pa., argued on the floor, as he did in the Budget Committee, that the bill included appropriations that violate budget rules.

The Democrat-controlled House approved the bill on Dec. 19 with a bipartisan vote of 385-41. Speaker Nancy Pelosi, D-Calif., said House Democrats had negotiated several changes to the USMCA to make it acceptable.

Key changes for Democrats included enforcement of labor provisions they believe will make it more difficult and expensive for U.S. manufacturers, particularly auto makers, to shift production to Mexico. The changes won the endorsement of the AFL-CIO, but other unions such as the International Association of Machinists and Aerospace Workers oppose it.

The pact also would give technology companies provisions to address e-commerce, which did not exist when NAFTA was negotiated. A chapter based on Section 230 of a 1996 telecommunications law (PL 104-104) gives companies like Facebook, Google and Twitter immunity from liability for user content posted on their platforms.

Trump is expected to tout the vote in his reelection campaign as a promise kept. In 2016, he vowed either to revamp the 1994 trade agreement or to withdraw the U.S. from the pact. As president, Trump caused anxiety among businesses large and small and his base of farm support with threats to pull out of NAFTA if Canada and Mexico did not make concessions.

Business groups say congressional approval of the USMCA implementing bill makes it less likely Trump will try to upend a trade agreement negotiated and renamed by his administration.

The bill now goes to Trump for signing, but the Canadian Parliament still must ratify the USMCA before the agreement can take effect. Mexico has already approved the new pact.

The implementing legislation provides the framework and mechanisms the Trump administration will use to enforce labor rights and environmental standards with a focus on Mexico. For example, an interagency task force on labor will be established 90 days after the bill takes effect.

The USMCA will replace NAFTA, an agreement credited with building the three nations into a $1.2 trillion-a-year trading bloc and blamed for contributing to the loss of thousands of U.S. manufacturing jobs to low-wage Mexico.

Trump campaigned against NAFTA as the “worst trade deal ever made.”

In committee reviews, floor comments and statements, several senators cited the absence of environmental provisions addressing climate change as one reason for voting against the implementing bill.

Environmental concern

It seemed unlikely the administration would have pursued climate change, not only because of Trump’s skepticism of the science behind it, but also because a trade-negotiating objective Congress approved in 2015 says trade agreements are not to establish obligations for the U.S. regarding greenhouse gas emissions. The language is part of a customs enforcement law that added several negotiating guidelines to the Trade Promotion Authority statute, which sets the ground rules for trade deals sent to Congress for approval.

Democratic presidential candidates Amy Klobuchar of Minnesota, Elizabeth Warren of Massachusetts and Michael Bennet of Colorado voted for the pact. Sanders, another candidate, said in a written statement that it should be rewritten because it does not guarantee that companies will stop shifting jobs to Mexico.

The Congressional Budget Office estimates that the USMCA will increase U.S. government revenue by $2.97 billion from fiscal 2020 to 2029 due to higher expected duty revenue on car and truck parts that do not meet stricter rules.

Some vehicles and parts would no longer qualify for duty-free treatment because they don’t meet new requirements that 75 percent of content in cars and auto parts come from North America and that 40 percent of car content and 45 percent of truck content be made by workers earning $16 an hour.

The CBO also estimates that the agreement would reduce the federal deficit by $3 billion over a 10-year period. The agency estimates that appropriations not subject to emergency status would total $833 million in outlays from fiscal 2020 to 2029.

Under the USMCA, U.S. dairy, poultry and egg products would gain greater access to Canadian markets, and Canada will adopt a new quality-grading system for U.S. wheat.

Canada also will end pricing schemes the U.S. dairy industry says keep Canadian skim milk powder prices at artificially lower levels, giving domestic producers an edge in sales to Canadian cheese-makers over U.S. high-protein ultrafiltered milk.

The International Trade Commission, an independent agency, said the trade agreement, “if fully implemented and enforced,” over several years would increase real GDP by $68.2 billion, or 0.35 percent, and would add 176,000 jobs to the U.S. economy.

House Democrats’ negotiations with the Trump administration in 2019 resulted in the removal of provisions that would have given pharmaceutical companies a 10-year pricing monopoly on biologic drugs in Mexico and Canada. The U.S. has 12-year pricing exclusivity for biologics, and Democrats worried that keeping the provisions in the USMCA would prevent future Congresses from reducing the U.S. timeframe to less than 10 years.

https://www.rollcall.com/news/congress/senate-passes-usmca-trump-win-trade-ahead-impeachment-trial

Story 3: REDS (Radical Extremist Democrat Socialist) Show Trial In House is Over — An American Fair Trial Begins Next Tuesday in Senate — Acquittal of President Trump Expected In 30 Days or Less As Hoax Exposed — Trump Goes On Offense — Videos

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Trump Impeachment Trial Begins as Senators Are Sworn In

House managers read charges as watchdog faults president’s hold on Ukraine aid and Kyiv probes whether U.S. envoy was tailed

Supreme Court Chief Justice John Roberts swears in members of the Senate for the impeachment trial against President Trump. PHOTO: SENATE TELEVISION/ASSOCIATED PRESS

WASHINGTON—The Senate opened the impeachment trial of President Trump on Thursday with Chief Justice John Roberts swearing in the senators, who pledged to deliver impartial justice, and the formal reading of the two charges of abuse of power and obstruction of Congress.

Hours before the senators took their oath, the Government Accountability Office, a watchdog agency, determined that Mr. Trump’s administration violated the law when it withheld aid to Ukraine, an issue at the heart of the impeachment case against the president.

Democrats allege that Mr. Trump, a Republican, improperly withheld the aid to pressure Kyiv to launch investigations that would help him politically in the 2020 election.

Mr. Trump has denied wrongdoing, calling the case against him a “big hoax” on Thursday. He is the third president in U.S. history to be impeached.

The GAO wrote that the White House Office of Management and Budget improperly froze Ukraine funding over the summer for policy reasons. It was later released after pressure from Congress. A spokeswoman for OMB said it disagreed with the GAO finding.

Meanwhile, Ukrainian authorities opened a criminal probe into whether U.S. citizens placed the U.S. ambassador to Ukraine under surveillance, as text messages suggest, before she was removed from her post last year by Mr. Trump. The information came to light after House Democrats released documents Tuesday showing that an associate of Mr. Trump’s personal lawyer, Rudy Giuliani, was sent text messages about tracking Marie Yovanovitch in Ukraine.

Democratic and GOP lawmakers continued to wrangle on Thursday over whether new witnesses and evidence will be allowed in the trial. Those issues aren’t expected to be decided until well after the trial begins in earnest on Tuesday.

“If any of my colleagues had doubts about the case for witnesses and documents in a Senate trial, the stunning revelations this week should put those to rest,” said Sen. Chuck Schumer of New York, the chamber’s Democratic leader.

Senate Majority Leader Mitch McConnell (R., Ky.) said it wasn’t the Senate’s job to shore up the case the House built in what he called a “slapdash inquiry.” The Senate won’t “redo their homework and rerun the investigation,” he said

Chief Justice Roberts and Senators Sworn In for Impeachment Trial

Chief Justice Roberts and Senators Sworn In for Impeachment Trial
The impeachment trial of President Trump opened in the U.S. Senate as Chief Justice John Roberts and senators were sworn in. Photo: Associated Press

Mr. McConnell is set to release his plans for a trial framework on Tuesday, but Senate Republicans and White House officials said the contents of the resolution have largely been settled. Republicans briefed on the resolution have said they expect it to include a guaranteed vote on whether to subpoena witnesses and documents, as requested by some moderate Republicans.

GOP leaders believe they can keep Republicans united to block any efforts by Democrats to subpoena witnesses at the outset of the trial, according to people familiar with their plans. A vote on witnesses would be held later, after the House managers and Mr. Trump’s legal team present their cases, a process expected to stretch over two weeks.

A guaranteed vote to dismiss the charges won’t be built into the trial rules, according to these people. The White House and Senate Republicans are discussing holding a vote on a motion to dismiss after Democrats present their case but before Mr. Trump’s team addresses the Senate, according to an administration official.

At least two-thirds of the senators would have to vote to convict Mr. Trump to remove him from office.

By noon on Thursday, the fighting over the scope of the Senate trial took a pause. Every senator was seated at his or her desk, a rare sight during the ordinary legislative business, when it is common to see senators delivering speeches to an empty chamber. Senators typically don’t sit in their assigned seats even during roll call votes, preferring to stroll around and chitchat.

As they waited for the formal “exhibition” of articles, some senators scrolled on their cellphones or talked quietly to each other.

At 12:05 p.m., House managers, who will act as prosecutors during the trial, arrived at the ornate doors of the Senate. They walked in two-by-two, led by Intelligence Committee Chairman Adam Schiff (D., Calif.) and Judiciary Committee Chairman Jerrold Nadler (D., N.Y.). Freshman Rep. Sylvia Garcia (D., Texas) trailed as the seventh. A Democratic aide said the order was chosen according to seniority.

All managers carried large blue folders containing their own copy of the articles of impeachment passed by the House last month and the resolution passed on Wednesday authorizing them as managers.

Silence fell and phones disappeared as the sergeant at arms warned senators to keep quiet “on pain of imprisonment.” Then Mr. Schiff, the lead manager, began reading the articles aloud from the well of the Senate.

“Resolved, that Donald John Trump, president of the United States, is impeached for high crimes and misdemeanors,” he said.

The House managers make their way to the Senate before the reading of the two articles of impeachment, for abuse of power and obstruction of Congress.. PHOTO: ALYSSA SCHUKAR FOR THE WALL STREET JOURNAL

The senators watched, with stony faces, as Mr. Schiff spoke. Sen. Susan Collins (R., Maine) stifled a cough. Next to her, Sen. Lisa Murkowski (R., Alaska) sat motionless with her hands folded in her lap. Sens. Rob Portman (R., Ohio), Amy Klobuchar (D., Minn.), Tammy Baldwin (D., Wis.) and Kirsten Gillibrand (D., N.Y.) scribbled notes.

At 12:22, when Mr. Schiff had finished, the managers departed. They briefly huddled outside the chamber, once again got in order, and marched back toward the House side of the Capitol.

Shortly after 2 p.m., Chief Justice Roberts was escorted into the Senate by Sens. Lindsey Graham (R., S.C.), Roy Blunt (R., Mo.), Dianne Feinstein (D., Calif.) and Patrick Leahy (D., Vt.).

Everyone in the chamber rose. The only sound was the scratching of reporters’ pens.Then Chief Justice Roberts spoke: “Senators, I attend the Senate in conformity with your notice for the purpose of joining with you for the trial of the President of the United States. I am now prepared to take the oath.”

Sen. Chuck Grassley (R., Iowa), the Senate’s president pro tempore, asked him to raise his right hand, place his left hand on the Bible, and swore him in.

Chief Justice Roberts then administered an oath to senators, who will act as the jury. “Do you solemnly swear that in all things appertaining to the trial of the impeachment of Donald John Trump, president of United States, now pending, you will do impartial justice according to the Constitution and laws, so help you God?”

“I do,” the senators said.

Senators were then called in alphabetical order to the Senate clerk’s desk to sign their names in an oath book. As the lawmakers waited to sign, there were flashes of bipartisan bonhomie. Sen. Cory Booker (D., N.J.) warmly shook Mr. Grassley’s hand. Sen. Joe Manchin (D., W.Va.) patted the shoulder of Sen. Ben Sasse (R., Neb.), and the two shared a laugh with Sen. Tim Scott (R., S.C.). Sen. Chris Van Hollen (D., Md.) gave Mr. Portman’s arm a squeeze.

All of the senators were present for the swearing-in except for Sen. Jim Inhofe (R., Okla.), who is at home with a family member facing a medical issue, according to his office. He plans to be sworn in next week, before the trial begins in earnest.

Senate Officially Accepts Articles of Impeachment

Senate Officially Accepts Articles of Impeachment

Senate Officially Accepts Articles of Impeachment
The Senate accepted the articles of impeachment against President Trump, marking the official start of the trial. Photo: Associated Press

After the swearing-in, the Senate formally notified the White House of the pending trial and summoned Mr. Trump, who will be given until Saturday evening to reply.

Mr. McConnell also said the House has until Saturday at 5 p.m. to file a trial brief with the secretary of the Senate, and Mr. Trump has until noon on Monday to do so. The deadline for the House’s rebuttal is noon on Tuesday. The Senate trial was then adjourned until Tuesday at 1 p.m.

Although historic, Thursday entailed mostly pomp and circumstance. The trial won’t get under way substantively until the Senate reconvenes after the holiday weekend.

All 100 senators agreed on rules for the 1999 Clinton impeachment trial’s initial phase. There is no such bipartisan agreement now, and while Mr. McConnell says all 53 Republicans in his caucus are united on the path forward, he hasn’t released the text of his resolution laying out the procedures agreed upon by GOP senators.

In 1999, a resolution dealing with witnesses passed a few weeks into the trial, along party lines. Three witnesses, including Monica Lewinsky, the former White House intern with whom Mr. Clinton admitted an inappropriate relationship, were deposed privately in the presence of a senator from each party. Excerpts were shown by video during the trial.

There are 15 senators now serving who also voted in the Clinton impeachment trial, including Messrs. McConnell and Schumer.

“I remember the solemnity of this, when you see the chief justice sitting in the chair with his august robes, when you hear your name called and you hear the charges, your hair sort of stands on end,” Mr. Schumer said in a recent interview.

Throughout the trial, all senators will be expected to be present and seated at their assigned desks. They won’t be allowed to talk.

Any deliberations among senators likely will be held in closed session, meaning that no press or cameras will be allowed. The rest of the trial will be open.

“It is a solemn feeling when you’re sitting in the seat, and you’re listening closely to what’s going on,” said Sen. Mike Braun (R., Ind.).

Mr. Braun said he and other senators are worried about the precedent being set. “Many senators have on their minds: Is this the new dynamic? Having two impeachments within 20 years of one another?” he said. “I don’t think anybody likes that feeling.”

https://www.wsj.com/articles/senators-to-be-sworn-in-as-trump-impeachment-trial-begins-11579177831

 

Constitutional Law Prof. Stuns Dems on Impeachment: ‘It’s YOUR Abuse of Power’

WATCH: Jonathan Turley’s full opening statement | Trump impeachment hearings

Republican Witness Jonathan Turley: ‘This Is Not How You Impeach An American President’ | NBC News

WATCH: Republican counsel’s full questioning of legal experts | Trump impeachment hearings

Jonathan Turley On His Impeachment Testimony

NPR’s Rachel Martin speaks with constitutional law scholar Jonathan Turley about his testimony on Wednesday

RACHEL MARTIN, HOST:

Speaker of the House Nancy Pelosi says she is instructing her committee chairs to draft articles of impeachment to remove President Trump from office. She framed her decision as a historic moment.

(SOUNDBITE OF PRESS CONFERENCE)

NANCY PELOSI: The president’s actions have seriously violated the Constitution, especially when he says and acts upon the belief, Article II says I can do whatever I want. No. His wrongdoing strikes at the very heart of our Constitution.

MARTIN: Pelosi says the impeachment process has shown the public how the president has abused his power. Yesterday, four constitutional experts laid out the standards for and against impeachment in front of the House Judiciary Committee. One of them was Jonathan Turley. He’s a law professor at George Washington University. We spoke with him earlier today.

JONATHAN TURLEY: Well, first of all, my testimony, I said, as I did in the Clinton impeachment, that a president could be impeached for a noncriminal act and that President Trump could be impeached for abuse of power. You just have to prove it. He can also be impeached for obstruction of Congress.

The problem with the obstruction of Congress claim, in my view, is that it’s based on a very short period of investigation. This is one of the shortest we’ve had. It depends how you count the days between this and the Johnson impeachment, but it’s a very short period of investigation.

And what Congress is saying is that if the president invokes executive privilege or immunities and goes to court, he can be impeached for that – that he has to just turn over the information to Congress. Now, that’s a position that was maintained during the Nixon impeachment. In fact, it was the basis of the third article of impeachment. I’ve always disagreed with it. It’s not that you can’t impeach a president for withholding documents and witnesses. You can, and President Trump could well be the next one to be impeached on those grounds.

MARTIN: Mmm hmm.

TURLEY: What I was telling Congress is that they’ve burned two months. They should have gone to court over people like John – I’m sorry, subpoenaed and gone to court over people like John Bolton and gotten a court order. That would make it a stronger case.

MARTIN: So let’s talk about what you just laid out here. I mean, you are saying that because the White House has refused to allow certain people to come and testify, refused to hand over certain documents that the committees have requested and is fighting this in court, you’re saying that that process should be allowed to play out, that Congress is making an impeachment argument that is weak because they’re not waiting for the courts to weigh in?

TURLEY: I’m saying that this case could be much stronger. No one has really explained why they have to have a vote by the end of December rather than…

MARTIN: Well, isn’t the case about election interference? I mean, isn’t that the answer, that the central query here is about the interference of U.S. elections and 2020’s coming right up?

TURLEY: Well, 2020 is coming right up. But the problem is that when you look at how fast this has unfolded, the record remains thin. It remains conflicted. You have about 12 witnesses. You have other witnesses with direct evidence. And more importantly, you have a lot of defenses that have not been fully addressed. It’s not a fully developed record.

And all I’m saying is that before you give that record to the Senate, you should deal with some of those conflicts and some of those gaps. And this is an example of one of those, that I think the president could very well be impeached and removed for obstruction based on these acts. But by the way, that record is – conflicts in other respects. We had 12 witnesses. Many of those witnesses correctly appeared before Congress. They did so against the wishes of the president, but they remain in federal employment. They have not been disciplined. And does that…

MARTIN: But you’re saying their testimony is insufficient to prove obstruction or abuse of power.

TURLEY: Well, it’s insufficient because there remain conflicts. You know, part of the problems I have with the arguments made by my esteemed colleagues on the panel is that they kept on using the terms inference and circumstantial evidence. Those actually can be used in an impeachment, but it’s problematic if there’s information out there you can still get. This is not a question of the unknowable. This is using the peripheral. This is using information that could be strengthened. That’s what I’m arguing.

MARTIN: Although they pointed to the Mueller report as evidence of obstruction. Presumably, you don’t believe that the Mueller report conclusions are true then.

TURLEY: Well, I never said I didn’t think they were true, but the obstruction claim was rejected by the Department of Justice – not just Attorney General Bill Barr, but by Rod Rosenstein, who is a respected deputy attorney general. And I agree with their decision on that.

MARTIN: All right. Jonathan Turley, one of the constitutional scholars testifying before the House Judiciary Committee yesterday. Thank you.

TURLEY: Thank you.

https://www.npr.org/2019/12/05/784994918/jonathan-turley-on-his-impeachment-testimony

Joe Biden’s 2020 Ukrainian nightmare: A closed probe is revived

Two years after leaving office, Joe Biden couldn’t resist the temptation last year to brag to an audience of foreign policy specialists about the time as vice president that he strong-armed Ukraine into firing its top prosecutor.

In his own words, with video cameras rolling, Biden described how he threatened Ukrainian President Petro Poroshenko in March 2016 that the Obama administration would pull $1 billion in U.S. loan guarantees, sending the former Soviet republic toward insolvency, if it didn’t immediately fire Prosecutor General Viktor Shokin.

Joe Biden Brags about getting Ukranian Prosecutor Fired

“I said, ‘You’re not getting the billion.’ I’m going to be leaving here in, I think it was about six hours. I looked at them and said: ‘I’m leaving in six hours. If the prosecutor is not fired, you’re not getting the money,’” Biden recalled telling Poroshenko.

“Well, son of a bitch, he got fired. And they put in place someone who was solid at the time,” Biden told the Council on Foreign Relations event, insisting that President Obama was in on the threat.

Interviews with a half-dozen senior Ukrainian officials confirm Biden’s account, though they claim the pressure was applied over several months in late 2015 and early 2016, not just six hours of one dramatic day. Whatever the case, Poroshenko and Ukraine’s parliament obliged by ending Shokin’s tenure as prosecutor. Shokin was facing steep criticism in Ukraine, and among some U.S. officials, for not bringing enough corruption prosecutions when he was fired.

But Ukrainian officials tell me there was one crucial piece of information that Biden must have known but didn’t mention to his audience: The prosecutor he got fired was leading a wide-ranging corruption probe into the natural gas firm Burisma Holdings that employed Biden’s younger son, Hunter, as a board member.

U.S. banking records show Hunter Biden’s American-based firm, Rosemont Seneca Partners LLC, received regular transfers into one of its accounts — usually more than $166,000 a month — from Burisma from spring 2014 through fall 2015, during a period when Vice President Biden was the main U.S. official dealing with Ukraine and its tense relations with Russia.

The general prosecutor’s official file for the Burisma probe — shared with me by senior Ukrainian officials — shows prosecutors identified Hunter Biden, business partner Devon Archer and their firm, Rosemont Seneca, as potential recipients of money.

Shokin told me in written answers to questions that, before he was fired as general prosecutor, he had made “specific plans” for the investigation that “included interrogations and other crime-investigation procedures into all members of the executive board, including Hunter Biden.”

He added: “I would like to emphasize the fact that presumption of innocence is a principle in Ukraine” and that he couldn’t describe the evidence further.

William Russo, a spokesman for Joe Biden, and Hunter Biden did not respond to email messages Monday seeking comment. The phone number at Rosemont Seneca Partners LLC in Washington was no longer in service on Monday.

The timing of Hunter Biden’s and Archer’s appointment to Burisma’s board has been highlighted in the past, by The New York Times in December 2015 and in a 2016 book by conservative author Peter Schweizer.

Although Biden made no mention of his son in his 2018 speech, U.S. and Ukrainian authorities both told me Biden and his office clearly had to know about the general prosecutor’s probe of Burisma and his son’s role. They noted that:

  • Hunter Biden’s appointment to the board was widely reported in American media;
  • The U.S. Embassy in Kiev that coordinated Biden’s work in the country repeatedly and publicly discussed the general prosecutor’s case against Burisma;
  • Great Britain took very public action against Burisma while Joe Biden was working with that government on Ukraine issues;
  • Biden’s office was quoted, on the record, acknowledging Hunter Biden’s role in Burisma in a New York Times article about the general prosecutor’s Burisma case that appeared four months before Biden forced the firing of Shokin. The vice president’s office suggested in that article that Hunter Biden was a lawyer free to pursue his own private business deals.

President Obama named Biden the administration’s point man on Ukraine in February 2014, after a popular revolution ousted Russia-friendly President Viktor Yanukovych and as Moscow sent military forces into Ukraine’s Crimea territory.

According to Schweizer’s book, Vice President Biden met with Archer in April 2014 right as Archer was named to the board at Burisma. A month later, Hunter Biden was named to the board, to oversee Burisma’s legal team.

But the Ukrainian investigation and Joe Biden’s effort to fire the prosecutor overseeing it has escaped without much public debate.

Most of the general prosecutor’s investigative work on Burisma focused on three separate cases, and most stopped abruptly once Shokin was fired. The most prominent of the Burisma cases was transferred to a different Ukrainian agency, closely aligned with the U.S. Embassy in Kiev, known as the National Anti-Corruption Bureau of Ukraine (NABU), according to the case file and current General Prosecutor Yuriy Lutsenko.

NABU closed that case, and a second case involving alleged improper money transfers in London was dropped when Ukrainian officials failed to file the necessary documents by the required deadline. The general prosecutor’s office successfully secured a multimillion-dollar judgment in a tax evasion case, Lutsenko said. He did not say who was the actual defendant in that case.

As a result, the Biden family appeared to have escaped the potential for an embarrassing inquiry overseas in the final days of the Obama administration and during an election in which Democrat Hillary Clintonwas running for president in 2016.

But then, as Biden’s 2020 campaign ramped up over the past year, Lutsenko — the Ukrainian prosecutor that Biden once hailed as a “solid” replacement for Shokin — began looking into what happened with the Burisma case that had been shut down.

Lutsenko told me that, while reviewing the Burisma investigative files, he discovered “members of the Board obtained funds as well as another U.S.-based legal entity, Rosemont Seneca Partners LLC, for consulting services.”

Lutsenko said some of the evidence he knows about in the Burisma case may interest U.S. authorities and he’d like to present that information to new U.S. Attorney General William Barr, particularly the vice president’s intervention.

“Unfortunately, Mr. Biden had correlated and connected this aid with some of the HR (personnel) issues and changes in the prosecutor’s office,” Lutsenko said.

Nazar Kholodnytskyi, the lead anti-corruption prosecutor in Lutsenko’s office, confirmed to me in an interview that part of the Burisma investigation was reopened in 2018, after Joe Biden made his remarks. “We were able to start this case again,” Kholodnytskyi said.

But he said the separate Ukrainian police agency that investigates corruption has dragged its feet in gathering evidence. “We don’t see any result from this case one year after the reopening because of some external influence,” he said, declining to be more specific.

Ukraine is in the middle of a hard-fought presidential election, is a frequent target of intelligence operations by neighboring Russia and suffers from rampant political corruption nationwide. Thus, many Americans might take the restart of the Burisma case with a grain of salt, and rightfully so.

But what makes Lutsenko’s account compelling is that federal authorities in America, in an entirely different case, uncovered financial records showing just how much Hunter Biden’s and Archer’s company received from Burisma while Joe Biden acted as Obama’s point man on Ukraine.

Between April 2014 and October 2015, more than $3 million was paid out of Burisma accounts to an account linked to Biden’s and Archer’s Rosemont Seneca firm, according to the financial records placed in a federal court file in Manhattan in an unrelated case against Archer.

The bank records show that, on most months when Burisma money flowed, two wire transfers of $83,333.33 each were sent to the Rosemont Seneca–connected account on the same day. The same Rosemont Seneca–linked account typically then would pay Hunter Biden one or more payments ranging from $5,000 to $25,000 each. Prosecutors reviewed internal company documents and wanted to interview Hunter Biden and Archer about why they had received such payments, according to interviews.

Lutsenko said Ukrainian company board members legally can pay themselves for work they do if it benefits the company’s bottom line, but prosecutors never got to determine the merits of the payments to Rosemont because of the way the investigation was shut down.

As for Joe Biden’s intervention in getting Lutsenko’s predecessor fired in the midst of the Burisma investigation, Lutsenko suggested that was a matter to discuss with Attorney General Barr: “Of course, I would be happy to have a conversation with him about this issue.”

As the now-completed Russia collusion investigation showed us, every American deserves the right to be presumed innocent until evidence is made public or a conviction is secured, especially when some matters of a case involve foreigners. The same presumption should be afforded to Joe Biden, Hunter Biden, Devon Archer and Burisma in the Ukraine case.

Nonetheless, some hard questions should be answered by Biden as he prepares, potentially, to run for president in 2020: Was it appropriate for your son and his firm to cash in on Ukraine while you served as point man for Ukraine policy? What work was performed for the money Hunter Biden’s firm received? Did you know about the Burisma probe? And when it was publicly announced that your son worked for Burisma, should you have recused yourself from leveraging a U.S. policy to pressure the prosecutor who very publicly pursued Burisma?

https://thehill.com/opinion/white-house/436816-joe-bidens-2020-ukrainian-nightmare-a-closed-probe-is-revived

 

 

Solomon: These once-secret memos cast doubt on Joe Biden’s Ukraine story

Former Vice President Joe Biden, now a 2020 Democratic presidential contender, has locked into a specific story about the controversy in Ukraine.

He insists that, in spring 2016, he strong-armed Ukraine to fire its chief prosecutor solely because Biden believed that official was corrupt and inept, not because the Ukrainian was investigating a natural gas company, Burisma Holdings, that hired Biden’s son, Hunter, into a lucrative job.

There’s just one problem.

Hundreds of pages of never-released memos and documents — many from inside the American team helping Burisma to stave off its legal troubles — conflict with Biden’s narrative.

And they raise the troubling prospect that U.S. officials may have painted a false picture in Ukraine that helped ease Burisma’s legal troubles and stop prosecutors’ plans to interview Hunter Biden during the 2016 U.S. presidential election.

For instance, Burisma’s American legal representatives met with Ukrainian officials just days after Biden forced the firing of the country’s chief prosecutor and offered “an apology for dissemination of false information by U.S. representatives and public figures” about the Ukrainian prosecutors, according to the Ukrainian government’s official memo of the meeting. The effort to secure that meeting began the same day the prosecutor’s firing was announced.

In addition, Burisma’s American team offered to introduce Ukrainian prosecutors to Obama administration officials to make amends, according to that memo and the American legal team’s internal emails.

The memos raise troubling questions:

1.)   If the Ukraine prosecutor’s firing involved only his alleged corruption and ineptitude, why did Burisma’s American legal team refer to those allegations as “false information?”

Ukrainian prosecutors say they have tried to get this information to the U.S. Department of Justice (DOJ) since the summer of 2018, fearing it might be evidence of possible violations of U.S. ethics laws. First, they hired a former federal prosecutor to bring the information to the U.S. attorney in New York, who, they say, showed no interest. Then, the Ukrainians reached out to President Trump’s personal lawyer, Rudy Giuliani.

Ukraine’s new president, Volodymyr Zelensky, told Trump in July that he plans to launch his own wide-ranging investigation into what happened with the Bidens and Burisma.

“I’m knowledgeable about the situation,” Zelensky told Trump, asking the American president to forward any evidence he might know about. “The issue of the investigation of the case is actually the issue of making sure to restore the honesty so we will take care of that and will work on the investigation of the case.”

Biden has faced scrutiny since December 2015, when the New York Times published a story noting that Burisma hired Hunter Biden just weeks after the vice president was asked by President Obama to oversee U.S.-Ukraine relations. That story also alerted Biden’s office that Prosecutor General Viktor Shokin had an active investigation of Burisma and its founder.

Documents I obtained this year detail an effort to change the narrative after the Times story about Hunter Biden, with the help of the Obama State Department.

Hunter Biden’s American business partner in Burisma, Devon Archer, texted a colleague two days after the Times story about a strategy to counter the “new wave of scrutiny” and stated that he and Hunter Biden had just met at the State Department. The text suggested there was about to be a new “USAID project the embassy is announcing with us” and that it was “perfect for us to move forward now with momentum.”

I have sued the State Department for any records related to that meeting. The reason is simple: There is both a public interest and an ethics question to knowing if Hunter Biden and his team sought State’s assistance while his father was vice president.

The controversy ignited anew earlier this year when I disclosed that Joe Biden admitted during a 2018 videotaped speech that, as vice president in March 2016, he threatened to cancel $1 billion in U.S. loan guarantees, to pressure Ukraine’s then-President Petro Poroshenko to fire Shokin.

At the time, Shokin’s office was investigating Burisma. Shokin told me he was making plans to question Hunter Biden about $3 million in fees that Biden and his partner, Archer, collected from Burisma through their American firm. Documents seized by the FBI in an unrelated case confirm the payments, which in many months totaled more than $166,000.  

Some media outlets have reported that, at the time Joe Biden forced the firing in March 2016, there were no open investigations. Those reports are wrong. A British-based investigation of Burisma’s owner was closed down in early 2015 on a technicality when a deadline for documents was not met. But the Ukraine Prosecutor General’s office still had two open inquiries in March 2016, according to the official case file provided me. One of those cases involved taxes; the other, allegations of corruption. Burisma announced the cases against it were not closed and settled until January 2017.

After I first reported it in a column, the New York Times and ABC News published similar stories confirming my reporting.

Joe Biden has since responded that he forced Shokin’s firing over concerns about corruption and ineptitude, which he claims were widely shared by Western allies, and that it had nothing to do with the Burisma investigation.

Some of the new documents I obtained call that claim into question.

In a newly sworn affidavit prepared for a European court, Shokin testified that when he was fired in March 2016, he was told the reason was that Biden was unhappy about the Burisma investigation. “The truth is that I was forced out because I was leading a wide-ranging corruption probe into Burisma Holdings, a natural gas firm active in Ukraine and Joe Biden’s son, Hunter Biden, was a member of the Board of Directors,” Shokin testified.

“On several occasions President Poroshenko asked me to have a look at the case against Burisma and consider the possibility of winding down the investigative actions in respect of this company but I refused to close this investigation,” Shokin added.

Shokin certainly would have reason to hold a grudge over his firing. But his account is supported by documents from Burisma’s legal team in America, which appeared to be moving into Ukraine with intensity as Biden’s effort to fire Shokin picked up steam.

Burisma’s own accounting records show that it paid tens of thousands of dollars while Hunter Biden served on the board of an American lobbying and public relations firm, Blue Star Strategies, run by Sally Painter and Karen Tramontano, who both served in President Bill Clinton’s administration.

Just days before Biden forced Shokin’s firing, Painter met with the No. 2 official at the Ukrainian embassy in Washington and asked to meet officials in Kiev around the same time that Joe Biden visited there. Ukrainian embassy employee Oksana Shulyar emailed Painter afterward: “With regards to the meetings in Kiev, I suggest that you wait until the next week when there is an expected vote of the government’s reshuffle.”

Ukraine’s Washington embassy confirmed the conversations between Shulyar and Painter but said the reference to a shakeup in Ukrainian government was not specifically referring to Shokin’s firing or anything to do with Burisma.

Painter then asked one of the Ukraine embassy’s workers to open the door for meetings with Ukraine’s prosecutors about the Burisma investigation, the memos show. Eventually, Blue Star would pay that Ukrainian official money for his help with the prosecutor’s office.

At the time, Blue Star worked in concert with an American criminal defense lawyer, John Buretta, who was hired by Burisma to help address the case in Ukraine. The case was settled in January 2017 for a few million dollars in fines for alleged tax issues.

Buretta, Painter, Tramontano, Hunter Biden and Joe Biden’s campaign have not responded to numerous calls and emails seeking comment.

On March 29, 2016, the day Shokin’s firing was announced, Buretta asked to speak with Yuriy Sevruk, the prosecutor named to temporarily replace Shokin, but was turned down, the memos show.

Blue Star, using the Ukrainian embassy worker it had hired, eventually scored a meeting with Sevruk on April 6, 2016, a week after Shokin’s firing. Buretta, Tramontano and Painter attended that meeting in Kiev, according to Blue Star’s memos.

Sevruk memorialized the meeting in a government memo that the general prosecutor’s office provided to me, stating that the three Americans offered an apology for the “false” narrative that had been provided by U.S. officials about Shokin being corrupt and inept.

“They realized that the information disseminated in the U.S. was incorrect and that they would facilitate my visit to the U.S. for the purpose of delivering the true information to the State Department management,” the memo stated.

The memo also quoted the Americans as saying they knew Shokin pursued an aggressive corruption investigation against Burisma’s owner, only to be thwarted by British allies: “These individuals noted that they had been aware that the Prosecutor General’s Office of Ukraine had implemented all required steps for prosecution … and that he was released by the British court due to the underperformance of the British law enforcement agencies.”

The memo provides a vastly different portrayal of Shokin than Biden’s. And its contents are partially backed by subsequent emails from Blue Star and Buretta that confirm the offer to bring Ukrainian authorities to meet the Obama administration in Washington.

For instance, Tramontano wrote the Ukrainian prosecution team on April 16, 2016, saying U.S. Justice Department officials, including top international prosecutor Bruce Swartz, might be willing to meet. “The reforms are not known to the US Justice Department and it would be useful for the Prosecutor General to meet officials in the US and share this information directly,” she wrote.

Buretta sent a similar email to the Ukrainians, writing that “I think you would find it productive to meet with DOJ officials in Washington” and providing contact information for Swartz. “I would be happy to help,” added Buretta, a former senior DOJ official.

Burisma, Buretta and Blue Star continued throughout 2016 to try to resolve the open issues in Ukraine, and memos recount various contacts with the State Department and the U.S. embassy in Kiev seeking help in getting the Burisma case resolved.

Just days before Trump took office, Burisma announced it had resolved all of its legal issues. And Buretta gave an interview in Ukraine about how he helped navigate the issues.

 Today, two questions remain.

One is whether it was ethically improper or even illegal for Biden to intervene to fire the prosecutor handling Burisma’s case, given his son’s interests. That is one that requires more investigation and the expertise of lawyers.

The second is whether Biden has given the American people an honest accounting of what happened. The new documents I obtained raise serious doubts about his story’s credibility. And that’s an issue that needs to be resolved by voters.

https://thehill.com/opinion/campaign/463307-solomon-these-once-secret-memos-cast-doubt-on-joe-bidens-ukraine-story

The full Trump-Ukraine
impeachment timeline

The House of Representatives is engaged in a formal impeachment inquiry of President Trump. It is focused on his efforts to secure specific investigations in Ukraine that carried political benefits for him — including aides allegedly tying those investigations to official U.S. government concessions.

Below is a timeline of relevant events.

The timeline is sortable. “Trump” refers to events in which Trump himself was involved. “Quid pro quo” is events that involve government concessions being tied to investigations. “Ukraine” tracks what Ukrainian officials were doing, while “Giuliani” does the same for Trump’s personal lawyer Rudolph W. Giuliani, and “Biden” tracks every event in which Joe or Hunter Biden were invoked.

How much detail would you like?

Key events An in-depth look Everything

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All topics Trump Ukraine Quid pro quo Biden Giuliani

Unrest in Ukraine

2014-2016

February 22, 2014

Ukrainian President Viktor Yanukovych is ousted from power during a popular uprising in the country. He flees to Russia. After his ouster, Ukrainian officials begin a wide-ranging investigation into corruption in the country.

March 7, 2014

Lev Parnas, eventually an associate of former New York City mayor Rudolph W. Giuliani, has his first known interaction with Donald Trump at a golf tournament in Florida.

March 1, 2014

Russia invades the Ukrainian peninsula of Crimea, annexing it.

May 13, 2014

KEY EVENT Hunter Biden, a son of then-U.S. Vice President Joe Bidenjoins the board of the Ukrainian energy company Burisma Holdings. It is owned by oligarch Mykola Zlochevsky, one of several subjects of the Ukrainian corruption probe.

May 25, 2014

Petro Poroshenko is elected president of Ukraine.

February 10, 2015

Viktor Shokin becomes Ukraine’s prosecutor general.

Early 2015

Top State Department aide George Kent raises concerns about Hunter Biden’s work for Burisma, as he later testifies. Biden’s office turns him away and explains that the vice president does not have the “bandwidth” to deal with the issue at a time when his other son, Beau Biden, is dealing with cancer, according to Kent’s testimony.

September 24, 2015

Then-U.S. Ambassador to Ukraine Geoffrey Pyatt blasts Shokin in a speech in Odessa, Ukraine. He points to a “glaring problem” that threatens the good work regional leaders are doing: “the failure of the institution of the prosecutor general of Ukraine to successfully fight internal corruption.” He adds: “The United States stands behind those who challenge these bad actors.”

October 8, 2015

Assistant U.S. Secretary of State Victoria Nuland testifies to the Senate that Shokin’s “office has to be reinvented as an institution that serves the citizens of Ukraine, rather than ripping them off.”

December 8, 2015

KEY EVENT In Kyiv, Biden tells Ukrainian leaders to fire Shokin or lose more than $1 billion in loan guarantees. Biden joins many Western leaders in urging Shokin’s ouster.

February 10, 2016

The International Monetary Fund threatens to halt a bailout program for Ukraine unless the country addresses its corruption issues.

February 11, 2016

Biden speaks with Poroshenko by phone and emphasizes the urgency of rooting out corruption.

February 18, 2016

Biden speaks with Poroshenko again.

March 28, 2016

Paul Manafort is hired as Donald Trump’s presidential campaign chairman, where he is chiefly in charge of securing delegates at the Republican National Convention. Manafort formerly worked for Yanukovych‘s Party of Regions in Ukraine.

March 29, 2016

Shokin is ousted from his position by Ukraine’s parliament.

April 14, 2016

Biden and Poroshenko speak again.

May 12, 2016

Yuri Lutsenko becomes Ukraine’s new prosecutor general, replacing Shokin.

May 13, 2016

The White House says it “welcomes” Lutsenko‘s appointment and the addition of an independent counsel in Lutsenko’s office, and declares it will guarantee the $1 billion in loans.

June 3, 2016

The U.S. government guarantees the loan.

June 20, 2016

Manafort becomes the head of Trump’s campaign after campaign manager Corey Lewandowski is fired.

August 14, 2016

Ukrainian officials reveal the existence of a handwritten “black ledger” suggesting Manafort had received millions in off-the-books payments from Yanukovych‘s party. These payments will ultimately be part of criminal charges filed against Manafort in the United States.

August 19, 2016

Manafort is forced out of Trump’s campaign.

November 8, 2016

KEY EVENT Trump is elected president, defeating Hillary Clinton.

Seeds of a conspiracy theory

2017-April 2019

January 11, 2017

KEY EVENT Politico reports Ukrainian officials “helped Clinton‘s allies research damaging information on Trump and his advisers” during the campaign. It said they were also trying to make amends after questioning Trump’s fitness for office and disseminating the Manafort documents. The article notes, however, that there is no indication of an effort originating within the leadership of the Ukrainian government itself.

January 12, 2017

Ukraine’s probes of Burisma are finalized and closed, according to the company, though Lutsenko later tells Bloomberg that one sale of an oil storage terminal will still be investigated.

February 6, 2017

Trump and Poroshenko speak by phone, during which time they “discussedplans for an in-person meeting in the future,” according to the White House.

April 21, 2017

Trump for the first time floats a conspiracy theory that Ukraine might have played a role in falsely fingering Russia for its 2016 election interference. “[The Democrats] get hacked, and the FBI goes to see them, and they won’t let the FBI see their server,” Trump tells AP, adding, “They brought in another company that I hear is Ukrainian-based. That’s what I heard. I heard it’s owned by a very rich Ukrainian.”

April 28, 2017

Trump again brings up the conspiracy theory in an interview with the Washington Examiner.

June 8, 2017

Giuliani, who would later become Trump’s personal lawyer, meets with Poroshenko and Lutsenko, according to a later-released House investigation.

June 9, 2017

Lutsenko’s office joins in an existing investigation into the black ledger, which had been under the control of an independent anti-corruption bureau. Critics allege the effort is intended to stifle the investigation.

June 14, 2017

European reports indicate Poroshenko will meet with Trump in the White House.

June 20, 2017

Poroshenko visits the White House to meet with Vice President Pence, but receives only a brief audience with Trump.

July 25, 2017

Trump tweets about “Ukrainian efforts to sabotage Trump campaign” and asks: “So where is the investigation A.G.” — referring to Attorney General Jeff Sessions.

December 20, 2017

The Trump administration approves the sale of lethal arms to Ukraine for the first time.

January 23, 2018

KEY EVENT At an event hosted by the Council on Foreign Relations, Biden describes his pressure campaign in Ukraine. “I said, you’re not getting the billion. I’m going to be leaving here in, I think it was about six hours. I looked at them and said: ‘I’m leaving in six hours. If the prosecutor is not fired, you’re not getting the money,’ ” Biden says. “Well, son of a b—-. He got fired. And they put in place someone who was solid at the time.”

Early April

Ukrainian officials close their Manafort probes and have also decide to stop assisting special counsel Robert S. Mueller III‘s Russia investigation out of concern that doing so would harm their relationship with Trump’s administration and jeopardize military assistance, according to the New York Times.

April 19, 2018

KEY EVENT The Washington Post reports Trump has hired Giuliani as his personal lawyer, initially focused on seeing out the Russia investigation.

April 2018

Two Soviet-born business associates of GiulianiParnas and Igor Fruman, attend an event for a pro-Trump super PAC at Trump’s Washington hotel. While speaking with Trump, they badmouth U.S. Ambassador to Ukraine Marie Yovanovitch, and Trump immediately suggests she be fired, according to Parnas.

April 30, 2018

Poroshenko announces the first shipment of Javelins from the United States have arrived.

May 1, 2018

Parnas and Fruman meet Trump at the White House, according to later-deleted Facebook photos.

May 4, 2018

Three Democratic senators — Robert Menendez (N.J.), Richard J. Durbin(Ill.) and Patrick J. Leahy (Vt.) — write to Lutsenko, urging him to continue working with Mueller.

May 9, 2018

Parnas posts a photo of him and his business partner David Correia meetingwith Rep. Pete Sessions (R-Tex.) in Sessions’s Capitol Hill office. The two men commit to raise $20,000 for Sessions, according to their later indictments.

May 9, 2018

That same day, Pete Sessions writes to the State Department seeking the dismissal of Yovanovitch. Sessions says he has “received notice of concrete evidence” that she had “spoken privately and repeatedly about her disdain for the current Administration.”

May 17, 2018

Parnas and Fruman contribute $325,000 to the pro-Trump super PAC America First Action through a newly formed business named Global Energy Producers, which is supposedly a liquefied natural gas company. In their later indictments, prosecutors will say the funds actually came from a $1.26 million private lending transaction that occurred two days earlier.

May 21, 2018

Parnas posts a picture on Facebook showing him and Fruman at breakfast with Donald Trump Jr. in Beverly Hills, Calif.

December 5, 2018

Giuliani meets with former Ukrainian prime minister Yulia Tymoshenko, according to a lobbying database. They talk about “security issues, including the escalation of Russia’s war against Ukraine and the US assistance to our country,” according to a Ukrainian report.

Late 2018

Giuliani speaks with Shokin, according to a later-revealed complaint from an anonymous whistleblower.

January

Giuliani and Lutsenko meet in New York, as Bloomberg News later reports.

Mid-February

Giuliani again meets with Lutsenko, this time in Warsaw, according to the whistleblower.

February 1, 2019

Ukrainian Interior Minister Arsen Avakov tells Yovanovitch that the country is worried about being wrapped up in U.S. political campaigns, according to Yovanovitch’s testimony. He cites the Manafort situation and both the Bidens and Trump’s conspiracy theory involving Ukraine’s role in 2016 election interference.

March 6, 2019

Yovanovitch gives a speech in Ukraine in which she targets Lutsenko. “To ensure the integrity of anticorruption institutions, the Special Anticorruption Prosecutor must be replaced,” she says. “Nobody who has been recorded coaching suspects on how to avoid corruption charges can be trusted to prosecute those very same cases.”

March 20, 2019

In an interview with pro-Trump journalist John SolomonLutsenko alleges that Yovanovitch gave him “a list of people whom we should not prosecute.” The State Department calls the claim an “outright fabrication,” but Trump promotes the story in a tweet. It is later revealed that Parnas facilitated the interview.The whistleblower later notes that Lutsenko was working for the incumbent, Poroshenko, who had been trailing challenger Volodymyr Zelensky in the upcoming March 31 election. Zelensky had pledged to replace Lutsenko. Yovanovitch later speculates, in congressional testimony, that Lutsenko was hoping Trump would endorse Poroshenko.

March 24, 2019

Trump Jr. attacks Yovanovitch on Twitter, saying: “We need more ⁦[Germany Ambassador] @RichardGrenell‘s and less of these jokers as ambassadors.”

March 26, 2019

Giuliani speaks with Secretary of State Mike Pompeo, according to State Department emails.

March 29, 2019

Giuliani speaks with Pompeo again, according to the State Department emails. The call lasts about four minutes.

March 31, 2019

The first round of Ukraine’s presidential election is held. Poroshenko and Zelensky head to a runoff.

April 1, 2019

After speaking with Lutsenko, Solomon reports that a probe into Joe Biden’s push to fire Lutsenko’s predecessor is underway. Lutsenko tells Solomon that he wants to present his evidence to Attorney General William P. Barr.

Mid-April

Hunter Biden‘s term as a Burisma board member ends.

April 18, 2019

Lutsenko retracts his claim that Yovanovitch gave him a list of people not to prosecute.

April 18, 2019

Separately, Mueller releases his report on the Russia investigation. Mueller finds no illegal conspiracy between the Trump campaign and Russia but says he decided not to reach a firm conclusion on potential obstruction of justice by Trump. William Barr later opts not to accuse Trump of obstruction, despite extensive evidence laid out in the Mueller report.

April 21, 2019

KEY EVENT Zelensky, a former TV comedian, is elected president of Ukraine with 73 percent of the vote.

Ahead of a Trump phone call with Zelensky, Vindman writes talking points that indicate Trump should bring up “corruption” with the president-elect, according to Vindman’s later testimony, and a White House readout is drafted declaring Trump did so, according to Washington Post reporting. But Trump does not mention corruption on the call, according to a transcript released later by the White House.

April 23, 2019

Giuliani tweets about a Ukrainian investigation into alleged foreign collusion by the Democrats. “Now Ukraine is investigating Hillary campaign and DNC conspiracy with foreign operatives including Ukrainian and others to affect 2016 election,” he says. “And there’s no [former FBI director James B.]Comey to fix the result.”

April 24, 2019

Foreign Service Director General Carol Perez speaks with Yovanovitch at 1 a.m. and urges her to come back to Washington immediately, according to Yovanovitch’s testimony. “I was like, what? What happened?” Yovanovitch would later testify. “And she said, ‘I don’t know, but this is about your security. You need to come home immediately. You need to come home on the next plane.’ ” Once home, she says she meets with Deputy Secretary of State John Sullivan, who informs her that her time as ambassador is being curtailed. “He added that there had been a concerted campaign against me, and that the department had been under pressure from the president to remove me since the Summer of 2018,″ Yovanovitch says in her testimony. “He also said that I had done nothing wrong and that this was not like other situations where he had recalled ambassadors for cause.”

April 25, 2019

In an interview with Fox News, Trump addresses the suggestion that Ukraine interfered in 2016. “I would imagine [William Barr] would want to see this,” he says. “People have been saying this whole — the concept of Ukraine, they have been talking about it actually for a long time.”

April 25, 2019

Joe Biden announces his presidential campaign.

The anti-Biden effort becomes public

May-June 2019

May 1, 2019

KEY EVENT The New York Times publishes a story tying Joe Biden’s pressure campaign in Ukraine to Shokin having investigated Burisma, portraying it as a potential liability in his 2020 campaign.

May 7, 2019

Bloomberg News casts doubt on the Times report, citing Ukrainian officials who say the Burisma investigation had long been dormant when Joe Biden applied pressure on Ukraine’s government.

May 7, 2019

KEY EVENT It is reported that Yovanovitch has been recalled by the State Department, two months before her scheduled departure date. Democrats allege a “political hit job” aimed at creating a pretext to remove her.

May 7, 2019

Zelensky holds a meeting with top advisers that is supposed to be about energy policy. According to AP, though, most of the three-hour meeting winds up being devoted to how to navigate Giuliani‘s efforts and avoid being wrapped up in U.S. politics.

May 9, 2019

KEY EVENT Giuliani tells the New York Times that he will travel to Ukraine to push for investigations related to the Bidens and the 2016 election “because that information will be very, very helpful to my client, and may turn out to be helpful to my government.”

May 11, 2019

Giuliani cancels his Ukraine trip, acceding to the pressure.

May 11, 2019

Separately, Lutsenko and Zelensky meet for two hours, according to the whistleblower, with Lutsenko requesting to stay in his position.

Early May

Former Ukrainian prosecutor Kostiantyn H. Kulyk tells the Times that Yovanovitch had thwarted his efforts to deliver damaging information about the Bidens to the FBI by denying his visa request.

May 13, 2019

William Barr announces a probe into the origins of the Russia investigation, which Trump and his congressional allies had pushed for by alleging a coup attempt. He appoints U.S. attorney John Durham to lead it.

Mid-May

The whistleblower is told that officials, including Special Representative for Ukraine Negotiations Kurt Volker and Ambassador to the European Union Gordon Sondland, had spoken with Giuliani to “contain the damage” he was doing, according to their complaint.

Mid-May

Parnas and Fruman, the Giuliani associates, travel to Ukraine and meet with Sergey Shefir, who later became an aide to Zelensky, and Ivan Bakanov, who is now the head of Ukraine’s secret police. Parnas’s lawyer later claimsParnas told Ukrainian officials that they had to announce the investigations of the Bidens or else Vice President Pence would skip Zelensky’s inauguration and the United States would freeze aid to Ukraine.

Mid-May

Trump tells Pence not to attend Zelensky‘s inauguration, according to the whistleblower. Instead, Energy Secretary Rick Perry attends. The whistleblower says it was “made clear” to them that “the President did not want to meet with Mr. Zelensky until he saw how Zelensky ‘chose to act’ in office.”

May 14, 2019

Giuliani tells a Ukrainian journalist that Yovanovitch was “removed . . . because she was part of the efforts against the president.”

May 16, 2019

Lutsenko says there is no evidence of any wrongdoing by the Bidens.

May 19, 2019

KEY EVENT In an interview with Fox News, Trump explicitly references Biden’s efforts in Ukraine. “Biden, he calls them and says, ‘Don’t you dare persecute, if you don’t fire this prosecutor’ — The prosecutor was after his son,” Trump says. “Then he said, ‘If you fire the prosecutor, you’ll be okay. And if you don’t fire the prosecutor, ‘We’re not giving you $2 billion in loan guarantees,’ or whatever he was supposed to give. Can you imagine if I did that?” Trump makes the allegation even though there was no evidence the investigation focused on any actions by the Bidens.

May 20, 2019

KEY EVENT Zelensky is inaugurated as president of Ukraine. Shortly after his inauguration, Giuliani meets with Lutsenko allies who made the allegations included in Solomon’s reporting.

May 23, 2019

The administration notifies Congress that it intends to release hundreds of millions of dollars worth of aid to Ukraine.

May 23, 2019

At a White House meeting with Trump and acting White House chief of staff Mick MulvaneyPerrySondland and Volker—who later dub themselves the “three amigos” — debrief the president on Zelensky’s inauguration and their views of the new Ukrainian leader. Trump is skeptical, telling them that Ukraine is “not serious about reform” and “tried to take him down,” according to later testimony from Sondland. Trump puts them in charge of a back-channel diplomacy effort in Ukraine, according to the later testimony of Kent, instructing them to “talk with Rudy” as they did so.

May 28, 2019

Former U.S. ambassador to Ukraine William B. Taylor Jr. meets with Pompeo, who encourages him to become the top diplomat to Ukraine — also known as a chargé d’affaires. Despite reservations, which he later recounts in his testimony, including about Giuliani, Taylor takes the job, effectively replacing Yovanovitch.

May 29, 2019

Trump sends Zelensky a congratulatory letter inviting him to a White House meeting.

Some time in May

Giuliani meets with a top Ukrainian anti-corruption prosecutor, Nazar Kholodnytsky, in Paris, according to Kholodnytsky. Kholodnytsky, who had clashed with Yovanovitch, has declined to comment on what he and Giuliani discussed, but he said the Burisma investigation should be reopened.

June 13, 2019

KEY EVENT In an interview with ABC News, Trump says he might accept electoral assistance from a foreign government, if offered. “I think you might want to listen, there isn’t anything wrong with listening,” Trump says. “If somebody called from a country, Norway — ‘We have information on your opponent’ — oh, I think I’d want to hear it.” The chairwoman of the Federal Election Commission subsequently points out on Twitter that this would be illegal.

June 18, 2019

The Department of Defense publicly announces $250 million in military aid to Ukraine.

June 19, 2019

Trump begins asking questions about the military aid after seeing news reports, according to the testimony of Office of Management and Budget official Mark Sandy.

June 19, 2019

In an interview with Fox News, Trump again links Ukraine and the effort to hack the Democratic National Committee during the 2016 election — a link that the whistleblower and later reporting show does not exist.

June 21, 2019

Giuliani tweets that Zelensky is “still silent on investigation of Ukrainian interference in 2016 election and alleged Biden bribery of Pres Poroshenko.”

June 27, 2019

Sondland tells Taylor that Zelensky needs to make clear to Trump that he is not impeding “investigations,” as Taylor will later testify.

June 28, 2019

SondlandVolkerTaylor and Perry participate in a call ahead of a planned call with Zelensky. According to Taylor, before Zelensky is added to the call, Sondland expresses a desire to keep regular interagency officials off the call. Sondland says he does not want anyone monitoring or transcribing the call, according to Taylor. Also on the call, Volker tells the participants that he intends to be explicit with Zelensky during an upcoming meeting in Toronto about what Zelensky needs to do to secure a White House meeting, according to Taylor. But Volker does not say specifically what he will request.

On the call, it is “made clear that some action on a Burisma/Biden investigation was a precondition for an Oval Office meeting,” Taylor tells one of his aides, David Holmes, according to Holmes’s later testimony.

Internal discord and a presidential call

July-August 2019

July 3, 2019

Aid to Ukraine is put on hold, according to three administration officials. Word of the hold is not widely known until later in the month.

July 10, 2019

KEY EVENT Top Ukrainian defense official Oleksandr Danyliuk meets with SondlandVolkerPerry and White House national security adviser John Bolton in Washington. (Taylor says top Zelensky aide Andriy Yermak was also present.) According to Vindman’s testimony and the testimony of fellow NSC aide Fiona Hill, Bolton cuts the meeting short when Sondland begins requesting specific investigations in exchange for a meeting between Trump and Zelensky. Sondland also states that he coordinated the quid pro quo with Mulvaney, according to Vindman and Hill.

According to Vindman, Sondland in a later meeting emphasizes “the importance that Ukraine deliver the investigations into the 2016 election, the Bidens and Burisma,” and Vindman and Hill both reprimand him for his “inappropriate” requests. Vindman contacts NSC lawyers, according to his testimony, and Hill contacts NSC lawyer John Eisenberg, according to her testimony. According to Taylor, Vindman and Hill tell him later that Bolton said they should have nothing to do with domestic politics and that Hill should “brief the lawyers.” Bolton decries the arrangement as a “drug deal,” according to Hill.

July 10, 2019

Taylor meets in Ukraine with Zelensky’s chief of staff, Andriy Bohdan, and foreign policy adviser Vadym Prystaiko. According to Taylor, they tell him Giuliani had told them a phone call between Trump and Zelensky was unlikely to happen. Taylor relays their disappointment to U.S. officials.

July 12, 2019

Axios reports that Trump and Director of National Intelligence Daniel Coatsare at odds, with Trump telling confidants that he wants to remove Coats from his position.

July 18, 2019

KEY EVENT Trump’s decision to withhold nearly $400 million in aid to Ukraine is communicated to the State and Defense departments. Members of Congress are told that the hold is part of an “interagency delay.” Taylor later says an Office of Management and Budget official did not explain why, but said that the decision was relayed through Mulvaney.

July 19, 2019

Volker texts Sondland about the upcoming Zelensky call with Trump. “Most impt is for Zelensky to say that he will help investigation,” Volker says.

July 19, 2019

Volker texts Giuliani to connect him with Yermak. Giuliani would later say on Fox News that the State Department had asked for his help. “I didn’t know Mr. Yermak on July 19,” Giuliani said. “You see it right there, 2019 at 4:48 in the afternoon I got a call from Volker. Volker said ‘Would you meet with him? It would be helpful to us. We really want you to do it.’ ” Giuliani added: “They basically knew everything I was doing.”

July 19, 2019

Vindman and Hill inform Taylor that they are not aware of an official change in U.S. policy toward Ukraine, but that Mulvaney is skeptical of the country, according to Taylor’s testimony.

July 20, 2019

Taylor confronts Volker about Hill‘s claim that Volker met with Giuliani, according to Taylor, and Volker does not respond.

July 20, 2019

Sondland tells Taylor that he encouraged Zelensky to tell Trump that he would “leave no stone unturned” when it comes to “investigations,” according to Taylor.

July 20, 2019

Danyliuk tells Taylor that Zelensky does not want to be used as a pawn for a U.S. reelection campaign, also according to Taylor.

July 21, 2019

Taylor relays that concern to Sondland via text. “President Zelensky is sensitive about Ukraine being taken seriously,” he writes, “not merely as an instrument in Washington domestic, reelection politics.”

July 22, 2019

Shokin alleges to The Post that he was removed as prosecutor general over the Biden issue. “I will answer that the activities of Burisma, the involvement of his son, Hunter Biden, and the [prosecutor general’s office] investigators on his tail, are the only — I emphasize, the only — motives for organizing my resignation,” he says. Other Ukrainian officials have said this is untrue.

July 22, 2019

Yermak and Giuliani schedule a meeting in early August, according to Giuliani.

July 23, 2019

The OMB reiterates that aid to Ukraine is suspended.

July 24, 2019

Mueller testifies before Congress about his report and its findings.

July 25, 2019

KEY EVENT Before a scheduled call between Trump and ZelenskyVolkertexts with Yermak and again expresses the importance of Zelensky saying he will launch investigations. For the first time on-record, he also ties this to a potential White House meeting for Zelensky. “Heard from White House-assuming President Z convinces trump he will investigate / ‘get to the bottom of what happened’ in 2016, we will nail down date for visit to Washington,” Volker says.

That message followed outreach from Sondland who, about half an hour prior, had left Volker a message. Sondland had spoken with Trump that morning and would later testify that he believed Volker’s text to Yermak was a message that he had “likely” received from Trump on that call.

July 25, 2019

KEY EVENT Trump and Zelensky speak. As we later find out from a rough transcript released by the White House, Trump repeatedly notes how “good” the United States is to Ukraine and then proceeds to ask Zelensky to open two investigations. One investigation involves CrowdStrike, an Internet security company that probed the Democratic National Committee hack in 2016, and the other involves the Bidens and Burisma.

“I would like you to do us a favor though because our country has been through a lot and Ukraine knows a lot about it,” Trump says before floating the CrowdStrike investigation.

He later adds: “The other thing, there’s a lot of talk about Biden’s son, that Biden stopped the prosecution and a lot of people want to find out about that so whatever you can do with the Attorney General would be great. Biden went around bragging that he stopped the prosecution so if you can look into it. . . . It sounds horrible to me.”

Trump repeatedly suggests William Barr will be involved in working with the Ukrainian government on the investigation. Zelensky tells Trump that his yet-to-be-named new prosecutor general “will look into the situation, specifically to the company that you mentioned in this issue” — apparently referring to Burisma.

Trump says Yovanovitch “was bad news, and the people she was dealing with in the Ukraine were bad news so I just want to let you know that.” When Zelensky thanks Trump for previously warning him about Yovanovitch, Trump responds: “Well, she’s going to go through some things.”

The Post would later report that at least four national security officials raised concerns about Trump’s Ukraine efforts with a White House lawyer both before and immediately after the Zelensky call. Eisenberg moves a transcript of the call to a classified server that is generally reserved for sensitive national security information, according to multiple witnesses, though Vindman and Morrison said not for nefarious reasons.

July 25, 2019

After the call, Yermak texts Volker back, saying: “Phone call went well. President Trump proposed to choose any convenient dates. President Zelenskiy chose 20,21,22 September for the White House Visit.”

July 25, 2019

State Department staff circulate emails indicating the Ukrainian embassy is asking about U.S. military assistance and appears to be aware of the “situation” involving the aid, according to later testimony by State Department official Laura Cooper.

July 26, 2019

Volker and Sondland travel to Kyiv and meet with Zelensky and other politicians. There, the whistleblower writes, they “reportedly provided advice to the Ukrainian leadership about how to ‘navigate’ the demands that the President had made of” Zelensky. Zelensky tells Volker and Taylor that he was happy with the call and asks about the Oval Office meeting Trump offered in the May 29 letter, according to Taylor’s later testimony.

July 26, 2019

KEY EVENT Holmes, while in Ukraine with Sondland, overhears a phone call between Trump and Sondland, in which Trump inquires about investigations, according to Taylor’s and Holmes’s later testimonies. Sondland later tells Holmes that Trump doesn’t care about Ukraine as a country and that he just wants the investigations, according to Taylor and Holmes. Sondland later says he doesn’t recall mentioning Biden but otherwise doesn’t contradict their testimony.

Days following July 25

The whistleblower writes: “I learned from multiple U.S. officials that senior White House officials had intervened to ‘lock down’ all records of the phone call, especially the official word-for-word transcript of the call that was produced — as is customary — by the White House Situation Room. This set of actions underscored to me that White House officials understood the gravity of what had transpired in the call.”

The whistleblower claims to have been told by White House officials that they were directed by White House lawyers to move the transcript from the normal documentation archive and to “a separate electronic system that is otherwise used to store and handle classified information of an especially sensitive nature” — a move one official called an “act of abuse.”

In an appendix, the whistleblower adds that officials said “this was ‘not the first time’ under this Administration that a Presidential transcript was placed into this codeword-level system solely for the purpose of protecting politically sensitive — rather than national security sensitive — information.”

July 28, 2019

Trump announces that Coats will resign in August.

July 31, 2019

Trump holds a phone call with Russian President Vladimir Putin. The call is first reported by the Russians; the White House does not confirm it until late in the evening. The Russians, in a much more substantial readout than the United States, claim Trump and Putin spoke about restoring full diplomatic relations one day.

Early August

Mulvaney asks acting OMB director Russell Vought for an update on the legal rationale for withholding the Ukraine aid and how much longer it could be delayed, according to Washington Post reporting.

August 2, 2019

Giuliani travels to Madrid, where he meets with YermakParnas is also in the meeting, according to YermakAccording to the New York Times, the meeting involves Giuliani encouraging Zelensky‘s government to investigate Hunter Biden.

August 3, 2019

Zelensky says he plans to travel to the United States in September to meet with Trump in Washington.

August 8, 2019

Trump announces Joseph Maguire will take Coats‘s job as director of national intelligence, in an acting capacity. In doing so, he bypasses Sue Gordon, who had been Coats’s No. 2 at the directorate of national intelligence and who was a career intelligence official with bipartisan support. Gordon would later resign.

August 8, 2019

Giuliani tells Fox News that Durham, the Justice Department official investigating the Russia probe’s origins, is “spending a lot of time in Europe” to investigate what happened in Ukraine.

August 9, 2019

Trump says of Zelensky: “I think he’s going to make a deal with President Putin, and he will be invited to the White House. And we look forward to seeing him. He’s already been invited to the White House, and he wants to come. And I think he will. He’s a very reasonable guy. He wants to see peace in Ukraine. And I think he will be coming very soon, actually.”

August 9, 2019

Volker and Sondland text with one another about a statement Ukraine might be asked to issue about the investigations. Sondland also indicates that Trump “really wants the deliverable.” Volker and Sondland consult Giulianiabout what the statement should say.

August 10, 2019

Yermak emphasizes that Ukraine would like to lock down a date for Zelensky‘s visit before making the statement. “I think it’s possible to make this declaration and mention all these things,” Yermak says. “Which we discussed yesterday. But it will be logic to do after we receive a confirmation of date. We inform about date of visit and about our expectations and our guarantees for future visit.”

August 11, 2019

Sondland emails top State Department aides Ulrich BrechbuhlLisa Kenna and says, “Kurt & I negotiated a statement from Ze to be delivered for our review in a day or two. The contents will hopefully make the boss happy enough to authorize an invitation. Ze plans to have a big presser on the openness subject (including specifics) next week.” Kenna responds, “I’ll pass to S. Thank you.”

August 12, 2019

KEY EVENT The whistleblower files a complaint with the inspector general for the intelligence community. Intelligence Community Inspector General Michael Atkinson will later determine the complaint to be credible and a matter of “urgent concern,” which would trigger a legally required disclosure to the House and Senate intelligence committees.

August 13, 2019

Volker and Sondland text about what language should be included in Ukraine’s statement.

August 15, 2019

Coats and Gordon officially leave their positions.

August 16, 2019

Volker tells Taylor via text that Yermak asked the U.S. government to submit an official request for the Burisma investigation, according to Taylor’s later testimony. Taylor gives Volker a deputy assistant attorney general to contact regarding whether such a request would be proper.

August 17, 2019

Sondland asks Volker if “we still want Ze[lensky] to give us an unequivocal draft with 2016 and Boresma [sic]?” Volker responds, “That’s the clear message so far …”

August 21, 2019

Taylor asks Brechbuhl whether there is an official change in U.S. policy toward Ukraine, according to Taylor, and Brechbuhl says there is not.

August 22, 2019

NSC aide Tim Morrison tells Taylor it “remains to be seen” whether U.S. policy toward Ukraine has changed, according to Taylor, and says the “president doesn’t want to provide any assistance at all.”

August 22, 2019

Sondland emails Pompeo and Kenna, saying “Should we block time in Warsaw for a short pull-aside for Potus to meet Zelensky? I would ask Zelensky to look him in the eye and tell him that once Ukraine’s new justice folks are in place ([in] mid-Sept[ember), that Ze should be able to move forward publicly and with confidence on those issues of importance to Potus and to the US. Hopefully, that will break the logjam.” Pompeo replies, “Yes.”

Questions swirl around withheld aid

Early September 2019

August 27, 2019

Bolton meets with Zelensky in Kyiv. According to Taylor, the withheld military aid is not discussed.

August 28, 2019

KEY EVENT Politico posts a story about the Trump administration withholding $250 million in military aid from Ukraine, the first time it has been reported publicly. (Before this point, it was not clear Ukraine even knew the aid was being withheld.)

August 29, 2019

Yermak texts Volker a link to the story and says: “Need to talk with you.” Volker responds: “Hi Andrey — absolutely. When is good for you?” Yermak also contacts Taylor to express his deep concern, according to Taylor, and Taylor says he is “embarrassed” that he has no explanation.

August 29, 2019

Taylor writes a cable to Pompeo, at Bolton‘s urging, decrying the “folly” of withholding the funds at a time when Russia is breathing down Ukraine’s neck.

Late August

Lawmakers raise concerns about Ukraine aid being withheld, citing its importance to defend the former Soviet republic from Russia.

August 30, 2019

Sondland tells Sen. Ron Johnson (R-Wis.) that Trump was withholding the Ukraine military aid to “get to the bottom of what happened in 2016 — if President Trump has that confidence, then he’ll release the military spending,” according to Johnson’s later recollection.

August 31, 2019

Johnson tries to get Trump to release the military aid. He later says Trump explained that part of the reason for the delay was his concern about Ukraine’s role in 2016 election interference. “I didn’t succeed,” Johnson explains later. “But the president was very consistent on why he was considering it. Again, it was corruption, overall, generalized — but yeah, no doubt about it, what happened in 2016 — what happened in 2016, as relates? What was the truth about that?”

September 1, 2019

KEY EVENT Sondland tells Yermak at a meeting in Warsaw that the military aid would not arrive until Zelensky promises to pursue the Burisma investigation, as Taylor, Kent, Morrison and Sondland later confirm. Sondland says in clarified testimony that he “presumed” the two issues were connected “in the absence of any [other] credible explanation.” But he emphasizes that Trump did not directly convey it to him and later explicitly denied a quid pro quo.

September 1, 2019

Taylor tells Kent that Sondland had told Yermak that “POTUS wanted nothing less than President Zelensky to go to [a] microphone and say ‘investigations,’ ‘Biden,’ and ‘Clinton,’ ” according to Kent’s later testimony.

September 1, 2019

Zelensky and Pence also meet in Warsaw for a ceremony commemorating World War II. (Trump had originally been slated to attend the ceremony but remained in the United States to monitor Hurricane Dorian.) Taylor informs Danyliuk before the meeting that if the military aid is not released by the end of the month, the funds would expire because that is the end of the fiscal year, according to Taylor.

At the meeting, Pence tells Zelensky he will talk to Trump about the military aid, according to a readout from Morrison that Taylor says he received. Pence also says Trump wants Europe to do more to support Ukraine and that he wants Ukraine to do more to root out corruption, according to Morrison’s readout, as relayed by Taylor.

September 1, 2019

KEY EVENT Taylor texts Sondlandasking: “Are we now saying that security assistance and WH meeting are conditioned on investigations?” Sondland responds, “Call me.” The two speak, according to Taylor, and Sondland explains that Trump wants Zelensky to say publicly that Ukraine will investigate Burisma and the conspiracy theory about Ukraine’s alleged role in the 2016 election interference. Sondland tells Taylor that he regrets not telling Ukrainian officials that “everything” relied on their announcement of the investigations — both a meeting and military aid — according to Taylor.

September 2, 2019

Pence says he did not discuss Biden with Zelensky, but that he did suggest that aid was conditioned on rooting out corruption. “As President Trump had me make clear, we have great concerns about issues of corruption,” Pence said. “The president wants to be assured that those resources are truly making their way to the kind of investments that will contribute to security and stability in Ukraine.”

September 2, 2019

Danyliuk expresses concern to Morrison that U.S. officials are not able to provide answers about the withheld military aid, according to Taylor, and Ukrainian Defense Minister Andriy Zagorodnyuk raises similar concerns with Taylor.

September 5, 2019

Johnson and Sen. Chris Murphy (D-Conn.) meet in Ukraine with Zelensky, with Taylor hosting the meeting. Zelensky’s first question is about the military aid, according to Taylor. Murphy later tells NBC’s Chuck Todd that Zelensky had expressed concerns about Giuliani‘s overtures.

September 5, 2019

KEY EVENT The Post’s editorial board writes that it had been “reliably told” that Trump was “attempting to force Mr. Zelensky to intervene in the 2020 U.S. presidential election by launching an investigation of the leading Democratic candidate, Joe Biden.”

September 7, 2019

Trump tells Sondland that he is not asking for a “quid pro quo” but insists Zelensky make the announcement about the two investigations, according Morrison’s testimony and Taylor’s testimony about his conversations with Morrison. Morrison informs NSC lawyers about the call, according to both of them.

September 8, 2019

Sondland tells Taylor that Trump is adamant that Zelensky “clear things up and do it in public,” according to Taylor. Sondland also tells Taylor that he told Zelensky and Yermak that it wasn’t a quid pro quo, but that if they didn’t “clear things up” publicly, there would be a “stalemate,” according to Taylor.

Sondland also explains to Taylor that Trump is a businessman, and that before a businessman signs a check, he expects someone who owes him something to pay up, according to Taylor. (Taylor said Volker had said something similar.)

September 8, 2019

Taylor texts Volker and Sondland, saying: “The nightmare is they give the interview and don’t get the security assistance. The Russians love it. (And I quit.)”

September 9, 2019

Taylor texts Sondland again about the idea that the military aid is being withheld in some kind of quid pro quo. “As I said on the phone, I think it’s crazy to withhold security assistance for help with a political campaign,” Taylor says.

Sondland speaks with Trump via phone and, during which Trump tells him something similar to, “I want nothing. I want nothing. I want no quid pro quo. Tell Zelensky to do the right thing,” according to Sondland’s testimony.

Sondland then responds to Taylor‘s text, “Bill, I believe you are incorrect about President Trump’s intentions. The President has been crystal clear no quid pro quo’s of any kind. The President is trying to evaluate whether Ukraine is truly going to adopt the transparency and reforms that President Zelensky promised during his campaign I suggest we stop the back and forth by text If you still have concerns I recommend you give Lisa Kenna or S a call to discuss them directly. Thanks.” (Sondland will later explain that he was simply relaying Trump’s denial, rather than vouching for it.)

A whistleblower, a transcript and impeachment

Sept. 9-present

September 9, 2019

The Democrat-controlled House Foreign Affairs, Intelligence and Oversight committees announce an investigation into Giuliani’s efforts in Ukraine and the administration’s decision to halt aid.

Atkinson notifies the House and Senate intelligence committees that a whistleblower has filed a complaint, but he does not reveal its contents or substance.

September 10, 2019

House Intelligence Committee Chairman Adam B. Schiff (D-Calif.) writes to Maguire demanding Congress receive the complaint.

September 10, 2019

Trump announces on Twitter that Bolton has resigned. Trump says it came at his request; Bolton quickly counters by saying he offered first.

September 11, 2019

KEY EVENT The Trump administration releases the Ukraine aid it had been withholding. Taylor informs Zelensky and Prystaiko.

September 12, 2019

Taylor becomes worried that Zelensky will announce the investigations in a planned CNN interview he learned about from Sondland, as he later testifies. He tries to confirm with Danyliuk that Zelensky won’t do such an interview, and Danyliuk confirms. Taylor asks the same question of Yermak, whom he later describes as being “uncomfortable” with the question. But Danyliuk again confirms there would be no CNN interview, Taylor later testifies.

September 13, 2019

Schiff subpoenas Maguire to compel him to disclose the whistleblower complaint. According to Schiff, the DNI’s office, in a letter from counsel, indicates the whistleblower complaint is being withheld because of confidential and potentially privileged communications by people outside the intelligence community. It is assumed that this refers to Trump.

September 17, 2019

Maguire says he will not testify or hand over the whistleblower complaint. Schiff says Maguire told him he couldn’t “because he is being instructed not to, that this involved a higher authority, someone above.”

September 18, 2019

The Post reports that the complaint involves Trump’s communications with a foreign leader and some kind of “promise” that was made.

September 18, 2019

Pence holds a call with Zelensky, which U.S. officials tell The Post was somewhat perfunctory. During Vindman’s later public testimony, though, Pence’s office says the call is classified and can’t be discussed in an open setting.

Around Sept. 18 or 19

Zelensky cancels a planned CNN interview, according to the network.

September 19, 2019

Atkinson briefs Congress in a closed-door session, telling them the complaint involved multiple events and not a single communication. The Post reports the complaint involves Ukraine.

September 19, 2019

Giuliani appears on CNN and denies any wrongdoing by Trump. But he also suggests it would be okay if Trump withheld aid in exchange for Ukraine investigating the Bidens. “The reality is the president of the United States has every right to say to another leader of a foreign country, ‘You got to straighten up before we give you a lot of money,’ ” Giuliani says. “It is perfectly appropriate for [Trump] to ask a foreign government to investigate this massive crime that was made by a former vice president.”

September 23, 2019

Trump suggests aid to Ukraine may have been withheld over “corruption” issues — without citing the Bidens. “If you don’t talk about corruption, why would you give money to a country that you think is corrupt?” Trump said. “. . . So it’s very important that, on occasion, you speak to somebody about corruption.”

September 24, 2019

Trump confirms he withheld the funding but suggests it was because other European countries should pay for Ukraine’s military aid. Trump later says he will release a transcript of his phone call with Zelensky.

September 24, 2019

KEY EVENT House Speaker Nancy Pelosi (D-Calif.) announces her supportfor a formal impeachment inquiry for the first time, setting that process in motion.

September 25, 2019

KEY EVENT The White House releases a rough transcript of Trump’s July 25 call with Zelensky, including the details described above.

September 25, 2019

Trump meets with Zelensky at the United Nations. Zelensky maintains he didn’t feel “pressure” to pursue investigations and that he didn’t interfere in his country’s law enforcement process. “We have an independent country and independent [prosecutor general],” he says. “I can’t push anyone. That is the answer. I didn’t call somebody or the new [prosecutor general]. I didn’t ask him. I didn’t push him.”

Zelensky also pointedly notes that, despite repeated invitations, Trump has never actually identified a date for a White House visit.

September 26, 2019

KEY EVENT The White House declassifies the whistleblower complaint, and Schiff releases it. The complaint focuses on Trump’s call with Zelensky but also alleges an effort to cover it up and alludes to substantial concern within the administration about Trump’s actions.

At a hearing later that day, Schiff paraphrases the Trump-Zelensky call, prompting criticism from Republicans.

September 26, 2019

Maguire testifies to the House Intelligence Committee that the Justice Department’s Office of Legal Counsel downgraded the inspector general’s determination that the whistleblower complaint was of “urgent concern,” which eliminated the requirement that it be shared with Congress. Democrats allege a conflict of interest, noting that the complaint names William Barr — the head of the Justice Department — as being potentially involved.

September 27, 2019

Volker abruptly resigns.

September 27, 2019

More than 300 former U.S. national security and foreign policy officials sign a statement supporting House Democrats’ impeachment inquiry.

September 28, 2019

A top Pompeo aide, Michael McKinley, rallies support for a State Department statement strongly defending Yovanovitch, according to his testimony, but department spokeswoman Morgan Ortagus informs McKinley that Pompeo decides against releasing such a statement — in part to “not draw undue attention to her.”

October 1, 2019

Pompeo sends House Democrats a letter declaring that five State Department employees who had been summoned for depositions would not appear. Pompeo calls the inquiry “an attempt to intimidate, bully, and treat improperly, the distinguished professionals of the Department of State.”

October 2, 2019

The New York Times reports — and The Post confirms — that the whistleblowerhad approached a staffer for Schiff‘s committee early in the process, contradicting some of Schiff’s claims.

October 2, 2019

State Department Inspector General Steve Linick shares with Congress documents that had been sent to the State Department that include conspiracy theories about the Bidens. Giuliani indicates he was responsible for some of the materials, which were apparently sent to State from the White House.

October 3, 2019

Volker submits to a deposition, sharing text messages (as described above) with TaylorSondlandGiuliani and Yermak. He says he never had a quid pro quo communicated to him.

October 3, 2019

“Mr. President, what exactly did you hope Zelensky would do about the Bidens after your phone call?” Trump is asked by a reporter.

“Well,” he replies, “I would think that, if they were honest about it, they’d start a major investigation into the Bidens.  It’s a very simple answer.”

He tells reporters that he also thinks China should launch an investigation involving the Bidens. “And by the way, likewise, China should start an investigation into the Bidens because what happened in China is just about as bad as what happened with Ukraine,” Trump says.

October 3, 2019

Kent confronts State officials about the claims in Pompeo‘s letter, calling them inaccurate, according to his later testimony. He tells one official whose name is redacted: “I said, well, you say that the career foreign services are being intimidated. . . . And I asked him, about whom are you speaking? And he said, you’re asking me to reveal confidential information. And I said, no, I’m not. There are only two career Foreign Service officers who subject to this process. I’m one of them. I’m the only one working at the Department of State, and the other one is Ambassador Yovanovitch, who is teaching at Georgetown.”

October 3, 2019

The State Department informs Congress that it has approved the sale of 150 Javelin antitank missiles to Ukraine — a type of weaponry Zelensky mentioned on the July 25 call with Trump — at a cost of $39.2 million.

October 6, 2019

Lawyers for the whistleblower indicate they are representing a second whistleblower — this one with firsthand knowledge of some of the key events. They say the second whistleblower has spoken with Atkinson.

October 8, 2019

After blocking Sondland‘s testimony, White House counsel Pat Cipolloneinforms Congress that the White House will not cooperate with any facet of its impeachment inquiry, making curious arguments about the lack of “due process.”

October 10, 2019

Giuliani‘s two Soviet-born business associates, Parnas and Fruman, are arrested shortly before they are set to leave the country. They are indicted on campaign finance charges, with the Southern District of New York accusing them of funneling foreign money into U.S. politics to influence U.S.-Ukraine relations.

October 10, 2019

McKinley resigns over Pompeo‘s alleged failure to support State Department officials ensnared in the Ukraine controversy.

October 11, 2019

Yovanovitch testifies to Congress, alleging a politicized effort to remove her as ambassador to Ukraine.

October 12, 2019

The Post reports Sondland will tell Congress that his Sept. 9 text message stating there was no quid pro quo between Trump and Ukraine was based on assurances from Trump and that he is not certain Trump’s denial was accurate. Trump and his allies had hailed Sondland’s text as proof there was no quid pro quo.

October 14, 2019

Hill testifies.

October 15, 2019

Kent testifies.

October 16, 2019

McKinley testifies and explains his resignation. “I was disturbed by the implication that foreign governments were being approached to procure negative information on political opponents,” McKinley says. “I was convinced that this would also have a serious impact on Foreign Service morale and the integrity of our work overseas.”

October 17, 2019

Sondland testifies, saying any pressure he applied on Ukraine to investigate Burisma came before he knew the case involved the Bidens. (He claims this despite Giuliani‘s efforts and the Bidens’ proximity to them being in the news by early May.) Sondland says he is making that distinction “because I believe I testified that it would be improper” to push for such political investigations. Asked whether it would be illegal, Sondland says: “I’m not a lawyer, but I assume so.”

October 17, 2019

Trump announces Perry will resign by the end of the year.

October 17, 2019

KEY EVENT Mulvaney in a news conference momentarily confirms a quid pro quo with Ukraine. “[Did Trump] also mention to me, in the past, that the corruption related to the DNC server?” Mulvaney said. “Absolutely, no question about that. But that’s it. And that’s why we held up the money. . . . The look back to what happened in 2016 certainly was part of the thing that he was worried about in corruption with that nation. And that is absolutely appropriate.” Mulvaney later issues a statement trying to reverse course, saying there actually was no connection.

October 22, 2019

Taylor testifies.

October 23, 2019

Cooper testifies, but not before the proceedings are delayed for five hours as House Republicans storm the secure room where the depositions are being held. The Republicans expressed concern about the secrecy of the process.

October 29, 2019

Vindman testifies.

October 30, 2019

State Department officials Catherine Croft and Christopher Andersontestify separately, describing the dim view of Ukraine taken by Trump and those around him.

October 30, 2019

In his confirmation hearing to become ambassador to Russia, Sullivan says he was aware of a “smear” campaign against Yovanovitch and that he believed Giuliani was a part of it. He also says it was appropriate to remove Yovanovitch, though, because Trump had lost confidence in her.

October 31, 2019

Morrison testifies, corroborating Taylor‘s testimony that Sondlandcommunicated a quid pro quo to Ukraine. Morrison says he raised concerns about Trump’s July 25 call with Zelensky, but that he did not think it contained anything illegal.

October 31, 2019

The House votes to formalize its impeachment inquiry and open up its hearings, amid GOP criticism that the process was too secretive. No House Republicans vote in favor of the inquiry, and two Democrats vote against it.

November 4, 2019

The House releases the first of the closed-door deposition transcripts, from Yovanovitch and McKinley.

November 4, 2019

Sondland clarifies his testimony to acknowledge he communicated the quid pro quo to Ukraine on July 10, but that he was acting on what he presumed to be the case rather than a direct order from Trump.

November 5, 2019

The House releases Sondland’s and Volker’s depositions, including the clarification.

November 6, 2019

The House releases Taylor’s deposition.

November 7, 2019

The House releases Kent’s deposition.

November 8, 2019

The House releases Vindman’s and Hill’s depositions.

November 8, 2019

Bolton‘s lawyer tells Congress in a letter that his client was “part of many relevant meetings and conversations” pertaining to the impeachment inquiry that aren’t yet public, but reinforces that Bolton will appear only if ordered to by a judge.

November 10, 2019

Parnas‘s lawyer discloses the quid pro quo he allegedly communicated to Ukrainian officials in May.

November 13, 2019

Taylor and Kent testify in an open hearing.

November 15, 2019

Yovanovitch testifies in an open hearing, during which Trump tweets an attack on her. “Everywhere Marie Yovanovitch went turned bad,” he said. “She started off in Somalia, how did that go? Then fast forward to Ukraine, where the new Ukrainian President spoke unfavorably about her in my second phone call with him. It is a U.S. President’s absolute right to appoint ambassadors.” Democrats accuse Trump of witness intimidation.

Holmes testifies in a closed deposition.

November 19, 2019

Vindman, Williams, Volker and Morrison testify in two consecutive open hearings.

November 20, 2019

Sondland testifies in an open hearing, in which he says top administration officials including Pence and Pompeo were aware of the quid pro quo and that it was clear Giuliani was acting on Trump’s wishes when he pushed for it. Sondland’s testimony is followed by Hale and Cooper in their own hearing.

November 21, 2019

Hill and Holmes round out the public impeachment hearings. Hill criticizes efforts by Republicans to draw an equivalence between Russia’s interference in 2016 and the actions of Ukrainians during the campaign. Holmes notes that the pressure felt by Ukraine during its interactions with Trump since Zelensky’s inauguration is on-going, given that Ukraine still seeks to demonstrate that it maintains the U.S.’ support.

https://www.washingtonpost.com/graphics/2019/politics/trump-impeachment-timeline/

Moscow Trials

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The Moscow Trials were a series of show trials held in the Soviet Union at the instigation of Joseph Stalin between 1936 and 1938 against Trotskyists and members of Right Opposition of the Communist Party of the Soviet Union. There were three Moscow Trials: the Case of the Trotskyite-Zinovievite Terrorist Center (ZinovievKamenev Trial, aka “Trial of the Sixteen,” 1936), the Case of the Anti-Soviet Trotskyist Center (PyatakovRadek Trial, 1937), and the Case of the Anti-Soviet “Bloc of Rights and Trotskyites” (BukharinRykov Trial, aka “Trial of the Twenty-One,” 1938). The defendants of these were Old Bolshevik party leaders and top officials of the Soviet secret police. Most defendants were charged under Article 58 of the RSFSR Penal Code with conspiring with the Western powers to assassinate Stalin and other Soviet leaders, dismember the Soviet Union, and restore capitalism.

The Moscow Trials led to the execution of many of the defendants. They are generally seen as part of Stalin’s Great Purge, an attempt to rid the party of current or prior oppositionists, especially but not exclusively Trotskyists, and any leading Bolshevik cadre from the time of the Russian Revolution or earlier, who might even potentially become a figurehead for the growing discontent in the Soviet populace resulting from Stalin’s mismanagement of the economy.[1] Stalin’s hasty industrialization during the period of the First Five Year Plan and the brutality of the forced agricultural collectivization had led to an acute economic and political crisis in 1928-33, a part of the global problem known as the Great Depression, and to enormous suffering on the part of the Soviet workers and peasants. Stalin was acutely conscious of this fact and took steps to prevent it taking the form of an opposition inside the Communist Party of the Soviet Union to his increasingly totalitarian rule.[1]

Contents

Background

Grigory ZinovievLev Kamenev, and Joseph Stalin formed a ruling triumvirate in early 1923[2] after Vladimir Lenin had become incapacitated from a stroke. In the context of the series of defeats of communist revolutions abroad (crucially the German revolutions of 1919 but also later the Chinese Revolution of 1927) which left the Russian Revolution increasingly isolated in a backward country, the triumvirate was able to effect the marginalization of Leon Trotsky in an internal party political conflict over the issue of Stalin’s theory of Socialism in One Country. It was Trotsky who most clearly represented the wing of the CPSU leadership which claimed that the survival of the revolution depended on the spread of communism to the advanced European economies especially Germany. This was expressed in his theory of permanent revolution.[3]

A few years later, Zinoviev and Kamenev joined the United Front in an alliance with Trotsky which favored Trotskyism and opposed Stalin specifically.[4] Consequently, Stalin allied with Nikolai Bukharin and defeated Trotsky in a power struggle. Trotsky was expelled from the Soviet Union in 1929 and Kamenev and Zinoviev temporarily lost their membership in the Communist Party. Zinoviev and Kamenev, in 1932, were found to be complicit in the Ryutin Affair and again were temporarily expelled from the Communist Party. In December 1934, Sergei Kirov was assassinated and, subsequently 15 defendants were found guilty of direct, or indirect, involvement in the crime and were executed.[5] Zinoviev and Kamenev were found to be morally complicit in Kirov’s murder and were sentenced to prison terms of ten and five years, respectively.[6]

Both Kamenev and Zinoviev had been secretly tried in 1935 but it appears that Stalin decided that, with suitable confessions, their fate could be used for propaganda purposes. Genrikh Yagoda oversaw the interrogation proceedings.

Anti-Soviet Trotskyist Center

Conspiracy and investigation

In December 1935, the original case surrounding Zinoviev began to widen into what was called the Trotsky-Zinoviev Center.[7] Stalin allegedly received reports that correspondences from Trotsky were found among the possessions of one of those arrested in the widened probe.[8] Consequently, Stalin stressed the importance of the investigation and ordered Nikolai Yezhov to take over the case and ascertain if Trotsky was involved.[8] The central office of NKVD that was headed by Genrikh Yagoda was shocked when it was known that Yezhov (at that time a mere party functionary)[a][9] has discovered the conspiracy,[9] due to the fact that they (NKVD) had no relations to the case.[9] This would have led to inevitable conclusion about unprofessionalism of the NKVD leaders who completely missed the existence of the conspiratorial Trotskyist center.[9] In June 1936, Yagoda reiterated his belief to Stalin that there was no link between Trotsky and Zinoviev, but Stalin promptly rebuked him.[10] Bewilderment was strengthened by the fact that both Zinoviev and Kamenev for a long time were under constant operational surveillance and after the murder of Kirov were held in custody.[9] A key role in investigating played a chief of the Secret-political department of the NKVD Main Directory of State Security (a predecessor of KGB), State Security Commissar of the 2nd Class Georgiy Molchanov.[9]

The basis of the scenario was laid in confession testimonies of three arrested: NKVD agent Valentin Olberg (ru:Ольберг, Валентин Павлович) who was teaching at the Gorky Pedagogic Institute and two former participants of the internal party opposition and Soviet statesmen Isaak Rejngold and Richard Pikel.[9] Wherein Rejngold firmly believed that participating in the case fabrication about mythical conspiracy he executes the party’s task.[9] In relation to their composition, the testimonies looked standard conspiratorial activity, murder of Kirov, preparation to assassination attempts against the leaders of the Communist Party of the Soviet Union, seizure of power in the Soviet Union with the aim of “restoration of capitalism”.[9]

In July 1936, Zinoviev and Kamenev were brought to Moscow from an unspecified prison.[10] They were interrogated and denied being part of any Trotsky-led conspiracy.[11] Yezhov appealed to Zinoviev’s and Kamenev’s devotion to the Soviet Union as old Bolsheviks and advised them that Trotsky was fomenting anti-Soviet sentiment amongst the proletariat in the world. Throughout spring and summer of 1936 the investigators were requesting from the arrested “to lay down arms in front the party” exerting a continuous pressure on them.[9] Furthermore, this loss of support, in the event of a war with Germany or Japan, could have disastrous ramifications for the Soviet Union.[12] To Kamenev specifically, Yezhov showed him evidence that his son was subject to an investigation that could result in his son’s execution.[13] According to one witness, at the beginning of the summer the central heating was turned on in Zinoviev’s and Kamenev’s cells. This was very unpleasant for both prisoners but particularly Zinoviev who was asthmatic and couldn’t tolerate the artificially increased temperatures.[9] Finally the exhausted prisoners agreed to a deal with Stalin who promised them, on the behalf of Politburo, their lives in exchange for participation in the anti-Trotskyist spectacle.[9] Kamenev and Zinoviev agreed to confess on condition that they receive a direct guarantee from the entire Politburo that their lives and those of their families and followers would be spared. When they were taken to the supposed Politburo meeting, they were met by only Stalin and Kliment Voroshilov.[13] Stalin explained that they were the “commission” authorized by the Politburo, and Stalin agreed to their conditions in order to gain their desired confessions.[14] After that the future defendants were given some medical treatment and food.[9]

The Trial (aka Trial of the Sixteen)

The trial was held from August 19 to August 24, 1936 in the small October Hall of the House of the Unions (chosen instead of the larger Hall of Columns, used for earlier trials)[15] and there were 16 defendants.[16]

The main charge was forming a terror organization with the purpose of killing Joseph Stalin and other members of the Soviet government. They were tried by the Military Collegium of the Supreme Court of the USSR, with Vasili Ulrikh presiding. The Prosecutor General was Andrei Vyshinsky, a former member of the Mensheviks who in 1917 had signed an order to arrest Lenin.[17]

Defendant Ivan Nikitich Smirnov was blamed by his co-defendants for being the leader of the Center which planned Kirov’s assassination. He, however, had been in prison since January 1933 and refused to confess.[18]

Another defendant, the Old Bolshevik Eduard Holtzman, was accused at the Trial of the 16 of conspiring with Trotsky in Copenhagen at the Hotel Bristol in 1932, where Trotsky was giving a public lecture. A week after the trial it was revealed by a Danish Social Democratic newspaper that the hotel had been demolished in 1917.[19]

All the defendants were sentenced to death and were subsequently shot in the cellars of Lubyanka Prison in Moscow.[citation needed]

The full list of defendants is as follows:

  1. Grigory Zinoviev
  2. Lev Kamenev
  3. Grigory Yevdokimov
  4. Ivan Bakayev
  5. Sergei Mrachkovsky, a hero of the Russian Civil War in Siberia and the Russian Far East
  6. Vagarshak Arutyunovich Ter-Vaganyan, leader of the Armenian Communist Party
  7. Ivan Nikitich SmirnovPeople’s Commissar for communications
  8. Yefim Dreitzer
  9. Isak Reingold
  10. Richard Pickel
  11. Eduard Holtzman
  12. Fritz David
  13. Valentin Olberg
  14. Konon Berman-Yurin
  15. Moissei Lurye
  16. Nathan Lurye

Parallel anti-Soviet Trotskyist Center

Prosecutor General Vyshinskiy (centre), reading the indictment, in 1937

The second trial occurred between January 23 and January 30, 1937.[20]

This second trial involved 17 lesser figures including Karl RadekYuri Pyatakov and Grigory SokolnikovAlexander Beloborodov was also arrested and intended to be tried along with Radek, but did not make the confession required of him, and so he was not produced in court. Thirteen of the defendants were eventually executed by shooting. The rest received sentences in labour camps.[21][22] Radek was spared as he implicated others, including Nikolai BukharinAlexei Rykov, and Marshal Mikhail Tukhachevsky, setting the stage for the Trial of Military and Trial of the Twenty One.

Radek provided the pretext for the purge on a massive scale with his testimony that there was a “third organization separate from the cadres which had passed through [Trotsky’s] school”[23] as well as “semi-Trotskyites, quarter-Trotskyites, one-eighth-Trotskyites, people who helped us, not knowing of the terrorist organization but sympathizing with us, people who from liberalism, from a Fronde against the Party, gave us this help.”[24]

By the third organization, he meant the last remaining former opposition group called Rightists led by Bukharin, whom he implicated by saying: “I feel guilty of one thing more: even after admitting my guilt and exposing the organisation, I stubbornly refused to give evidence about Bukharin. I knew that Bukharin’s situation was just as hopeless as my own, because our guilt, if not juridically, then in essence, was the same. But we are close friends, and intellectual friendship is stronger than other friendships. I knew that Bukharin was in the same state of upheaval as myself. That is why I did not want to deliver him bound hand and foot to the People’s Commissariat of Home Affairs. Just as in relation to our other cadres, I wanted Bukharin himself to lay down his arms.”[23]

At the time, many Western observers who attended the trials said that they were fair and that the guilt of the accused had been established. They based this assessment on the confessions of the accused, which were freely given in open court, without any apparent evidence that they had been extracted by torture or drugging. Joseph E. Davies, the U.S. ambassador, wrote in Mission to Moscow:

In view of the character of the accused, their long terms of service, their recognized distinction in their profession, their long-continued loyalty to the Communist cause, it is scarcely credible that their brother officers … should have acquiesced in their execution, unless they were convinced that these men had been guilty of some offense.[*] It is generally accepted by members of the Diplomatic Corps that the accused must have been guilty of an offense which in the Soviet Union would merit the death penalty.


* The Bukharin trial six months later developed evidence which, if true, more than justified this action. Undoubtedly those facts were all full known to the military court at this time.[25]

Trial of the Generals and the Tukhachevsky Affair

The Tukhachevsky Affair was a secret trial before a military tribunal of a group of Red Army generals, including Mikhail Tukhachevsky, in June 1937.

It featured the same type of frame-up of the defendants and it is traditionally considered one of the key trials of the Great PurgeMikhail Tukhachevsky and the senior military officers Iona YakirIeronim UborevichRobert EidemanAugust KorkVitovt PutnaBoris Feldman, and Vitaly Primakov were accused of anti-Communist conspiracy and sentenced to death; they were executed on the night of June 11/12, immediately after the verdict delivered by a Special Session of the Supreme Court of the USSR. This trial triggered a massive purge of the Red Army.

Trial of the Twenty-One

The third show trial, in March 1938, known as The Trial of the Twenty-One, tied together all the loose threads from earlier trials. It included 21 defendants alleged to belong to the so-called “Bloc of Rightists and Trotskyites”:

  1. Nikolai Bukharin – Marxist theoretician, former head of Communist International and member of Politburo
  2. Alexei Rykov – former premier and member of Politburo
  3. Nikolai Krestinsky – former member of Politburo and ambassador to Germany
  4. Christian Rakovsky – former ambassador to Great Britain and France
  5. Genrikh Yagoda – former head of NKVD
  6. Arkady Rosengolts – former People’s Commissar for Foreign Trade
  7. Vladimir Ivanov – former People’s Commissar for Timber Industry
  8. Mikhail Alexandrovich Chernov – former People’s Commissar for Agriculture
  9. Grigori Grinko – former People’s Commissar for Finance
  10. Isaac Zelensky – former Secretary of Central Committee
  11. Sergei Bessonov
  12. Akmal Ikramov – Uzbek leader
  13. Fayzulla Khodzhayev – Uzbek leader
  14. Vasily Sharangovich – former first secretary in Belorussia
  15. Prokopy Zubarev
  16. Pavel Bulanov – NKVD officer
  17. Lev Levin – Kremlin doctor
  18. Dmitry Pletnyov – Kremlin doctor
  19. Ignaty Kazakov – Kremlin doctor
  20. Venyamin Maximov-Dikovsky
  21. Pyotr Kryuchkov

The fact that Yagoda was one of the accused showed the speed at which the purges were consuming its own. Meant to be the culmination of previous trials, it now alleged that Bukharin and others had conspired to assassinate Lenin and Stalin numerous times after 1918 and had murdered Soviet writer Maxim Gorky by poison in 1936. The group also stood accused of espionage. Bukharin and others were claimed to have plotted the overthrow and territorial partition of the Soviet Union in collusion with agents of the German and Japanese governments, among other preposterous charges.

Even sympathetic observers who had stomached the earlier trials found it hard to swallow the new charges as they became ever more absurd, and the purge had now expanded to include virtually every living Old Bolshevik leader except Stalin.

The preparation for this trial was delayed in its early stages due to the reluctance of some party members to denounce their comrades. It was at this time that Stalin personally intervened to speed up the process and replaced Yagoda with Yezhov. Stalin also observed some of the trial in person from a hidden chamber in the courtroom. On the first day of the trial, Krestinsky caused a sensation when he repudiated his written confession and pleaded not guilty to all the charges. However, he changed his plea the next day after “special measures”, which dislocated his left shoulder among other things.[26]

Anastas Mikoyan and Vyacheslav Molotov later claimed that Bukharin was never tortured, but it is now known that his interrogators were given the order, “beating permitted,” and were under great pressure to extract confessions out of the “star” defendant. Bukharin held out for three months, but threats to his young wife and infant son, combined with “methods of physical influence” wore him down. But when he read his confession, amended and corrected personally by Stalin, he withdrew his whole confession. The examination started all over again, with a double team of interrogators.[27]

Bukharin’s confession in particular became the subject of much debate among Western observers, inspiring Koestler’s novel Darkness at Noon and a philosophical essay by Maurice Merleau-Ponty in Humanism and Terror among others. His confessions were somewhat different from others in that, while he pleaded guilty to general charges, he denied knowledge of any specific crimes. Some astute observers noted that he would allow only what was in his written confession and refused to go any further. The fact that he was allowed to write in prison (he wrote four book-length manuscripts including an autobiographical novel, How It All Began, a philosophical treatise, and a collection of poems – all of which were found in Stalin’s archive and published in the 1990s) suggests that some kind of deal was reached as a condition for his confession. He also wrote a series of emotional letters to Stalin, protesting his innocence and professing his love for Stalin, which contrasts with his critical opinion of Stalin and his policies as expressed to others and with his conduct in the trial.

There are several possible interpretations of Bukharin’s motivation (besides coercion) in the trial. Koestler and others viewed it as a true believer’s last service to the Party (while preserving a modicum of personal honor), whereas Bukharin’s biographers Stephen Cohen and Robert Tucker saw traces of Aesopian language, with which Bukharin sought to turn the tables and conduct a trial of Stalinism (while still keeping his part of the bargain to save his family). Bukharin himself speaks of his “peculiar duality of mind” in his last plea, which led to “semi-paralysis of the will” and Hegelian “unhappy consciousness“.

The result was a curious mix of fulsome confessions and subtle criticisms of the trial. After disproving several charges against him (one observer noted that he proceeded to demolish, or rather showed he could very easily demolish, the whole case[28]), Bukharin said that “the confession of the accused is not essential. The confession of the accused is a medieval principle of jurisprudence”, his point being that the trial was solely based on coerced confessions. He finished his last plea with “the monstrousness of my crime is immeasurable, especially in the new stage of the struggle of the U.S.S.R. May this trial be the last severe lesson, and may the great might of the U.S.S.R. become clear to all.”[29]

Romain Rolland and others wrote to Stalin seeking clemency for Bukharin, but all the leading defendants were executed except Rakovsky and two others (they were killed in prison in 1941). Despite the promise to spare his family, Bukharin’s wife, Anna Larina, was sent to a labor camp, but she survived.

Aftermath

Communist Party leaders in most Western countries denounced criticism of the trials as capitalist attempts to subvert Communism.[30]

A number of American communists and progressive “fellow travellers” outside of the Soviet Union signed a Statement of American Progressives on the Moscow Trials. These included Langston Hughes[31] and Stuart Davis,[32] who would later express regrets.

Some contemporary observers who thought the trials were inherently fair cite the statements of Molotov, who while conceding that some of the confessions contain unlikely statements, said there may have been several reasons or motives for this – one being that the handful who made doubtful confessions were trying to undermine the Soviet Union and its government by making dubious statements in their confessions to cast doubts on their trial. Molotov postulated that a defendant might invent a story that he collaborated with foreign agents and party members to undermine the government so that those members would falsely come under suspicion, while the false foreign collaboration charge would be believed as well. Thus, the Soviet government was in his view the victim of false confessions. Nonetheless, he said the evidence of mostly out-of-power Communist officials conspiring to make a power grab during a moment of weakness in the upcoming war truly existed.[citation needed] This defense collapsed after the release of Khrushchev’s Secret Speech to the Twentieth Congress.

In Britain, the lawyer and Labour MP Denis Nowell Pritt, for example, wrote: “Once again the more faint-hearted socialists are beset with doubts and anxieties,” but “once again we can feel confident that when the smoke has rolled away from the battlefield of controversy it will be realized that the charge was true, the confessions correct and the prosecution fairly conducted”, while socialist thinker Beatrice Webb “was pleased that Stalin had ‘cut out the dead wood'”.[33] Communist Party leader Harry Pollitt, in the Daily Worker of March 12, 1936, told the world that “the trials in Moscow represent a new triumph in the history of progress”. The article was ironically illustrated by a photograph of Stalin with Yezhov, himself shortly to vanish and his photographs airbrushed from history by NKVD archivists.[34]

In the United States, left-wing advocates such as Corliss Lamont and Lillian Hellman also denounced criticism of the Moscow trials, signing An Open Letter To American Liberals in support of the trials for the March 1937 issue of Soviet Russia Today.[35] In the political atmosphere of the 1930s, the accusation that there was a conspiracy to destroy the Soviet Union was not incredible, and few outside observers were aware of the events inside the Communist Party that had led to the purge and the trials.

However, the Moscow trials were generally viewed negatively by most Western observers including many liberals. The New York Times noted the absurdity in an editorial on March 1, 1938: “It is as if twenty years after Yorktown somebody in power at Washington found it necessary for the safety of the State to send to the scaffold Thomas Jefferson, Madison, John Adams, Hamilton, Jay and most of their associates. The charge against them would be that they conspired to hand over the United States to George III.”[36]

For Bertram Wolfe, the outcome of the Bukharin trial marked his break with Stalinism.[37]

In May 1937, the Commission of Inquiry into the Charges Made against Leon Trotsky in the Moscow Trials, commonly known as the Dewey Commission, was set up in the United States by supporters of Trotsky, to establish the truth about the trials. The commission was headed by the noted American philosopher and educator John Dewey, who led a delegation to Mexico, where Trotsky lived, to interview him and hold hearings from April 10 to April 17, 1937. The hearings were conducted to investigate the allegations against Trotsky who publicly stated in advance of them that if the commission found him guilty as charged he would hand himself over to the Soviet authorities. They brought to light evidence which established that some of the specific charges made at the trials could not be true.

The Dewey Commission published its findings in the form of a 422-page book titled Not Guilty. Its conclusions asserted the innocence of all those condemned in the Moscow Trials. In its summary the commission wrote: “Independent of extrinsic evidence, the Commission finds:

  • That the conduct of the Moscow Trials was such as to convince any unprejudiced person that no attempt was made to ascertain the truth.
  • That while confessions are necessarily entitled to the most serious consideration, the confessions themselves contain such inherent improbabilities as to convince the Commission that they do not represent the truth, irrespective of any means used to obtain them.”
  • That Trotsky never instructed any of the accused or witnesses in the Moscow trials to enter into agreements with foreign powers against the Soviet Union [and] that Trotsky never recommended, plotted, or attempted the restoration of capitalism in the USSR.

The commission concluded: “We therefore find the Moscow Trials to be frame-ups.”

For example, in Moscow, Pyatakov had testified that he had flown to Oslo in December 1935 to “receive terrorist instructions” from Trotsky. The Dewey Commission established that no such flight had taken place.

In Britain, the trials were also subject to criticism. A group called the British Provisional Committee for the Defence of Leon Trotsky was set up. In 1936, the Committee published an open letter in the Manchester Guardian calling for an international inquiry into the Trials. The letter was signed by several notable figures, including H. N. BrailsfordHarry WicksConrad NoelFrank Horrabin and Eleanor Rathbone.[38][39] The Committee also supported the Dewey Commission. Emrys Hughes, the British MP, also attacked the Moscow Trials as unjust in his newspaper Forward.[38]

Legacy

All of the surviving members of the Lenin-era party leadership except Stalin and Trotsky, were tried. By the end of the final trial Stalin had arrested and executed almost every important living Bolshevik from the Revolution. Of 1,966 delegates to the party congress in 1934, 1,108 were arrested. Of 139 members of the Central Committee, 98 were arrested. Three out of five Soviet marshals (Alexander Ilyich YegorovVasily BlyukherTukhachevsky) and several thousands of the Red Army officers were arrested or shot. The key defendant, Leon Trotsky, was living in exile abroad, but he still did not survive Stalin’s desire to have him dead and was assassinated by a Soviet agent in Mexico in 1940.

While Khrushchev’s Secret Speech denounced Stalin’s personality cult and purges as early as 1956, rehabilitation of Old Bolsheviks proceeded at a slow pace. Nikolai Bukharin and 19 other co-defendants were officially completely rehabilitated in February 1988. Yagoda, who was deeply involved in the great purge as the head of NKVD, was not included. In May 1988, rehabilitation of Zinoviev, Kamenev, Radek, and co-defendants was announced.

After the death of Stalin, Nikita Khrushchev repudiated the trials in a speech to the Twentieth Congress of the Russian Communist Party:

The commission has become acquainted with a large quantity of materials in the NKVD archives and with other documents and has established many facts pertaining to the fabrication of cases against Communists, to glaring abuses of Socialist legality which resulted in the death of innocent people. It became apparent that many party, Government and economic activists who were branded in 1937–38 as ‘enemies,’ were actually never enemies, spies, wreckers, etc., but were always honest Communists … They were only so stigmatized and often, no longer able to bear barbaric tortures, they charged themselves (at the order of the investigative judges – falsifiers) with all kinds of grave and unlikely crimes.[40]

It is now known that the confessions were given only after great psychological pressure and torture had been applied to the defendants. From the accounts of former GPU officer Alexander Orlov and others the methods used to extract the confessions are known: repeated beatings, torture, making prisoners stand or go without sleep for days on end, and threats to arrest and execute the prisoners’ families. For example, Kamenev’s teenage son was arrested and charged with terrorism. After months of such interrogation, the defendants were driven to despair and exhaustion.[41]

In January 1989, the official newspaper Pravda reported that 25,000 persons had been posthumously rehabilitated.

The trials in literature

See also

Notes

References…

Bibliography

Primary sources

Secondary sources

  • Conquest, Robert (1990). The Great Terror: A Reassessment. New York: Oxford University Press. ISBN 0-19-505580-2.
  • Leno, Matthew L. (2010). The Kirov Murder and Soviet History. New Haven: Yale University Press ISBN 978-0-300-11236-8.
  • Orlov, Alexander (1953). The Secret History of Stalin’s Crimes. Random House, Inc.
  • Redman, Joseph, The British Stalinists and the Moscow Trials. Labour Review Vol. 3 No. 2, March–April 1958
  • Rogovin, Vadim Z. (1998). 1937: Stalin’s Year of Terror. Oak Park, MI: Mehring Books, Inc. ISBN 0-929087-77-1.
  • Snyder, Timothy (2010). Bloodlands: Europe Between Hitler and Stalin. New York: Basic Books. ISBN 978-0-465-00239-9.
  • Tucker, Robert C. (1973). Stalin as Revolutionary, 1879–1929: A Study in History and Personality. New York: Norton. ISBN 0-393-05487-X.
  • Wolfe, Bertram David (1990). Breaking with Communism: The Intellectual Odyssey of Bertram D. Wolfe. Stanford: Hoover Institution Press. ISBN 0-8179-8881-5.

Further reading

  • Getty, J. Arch and Naumov, Oleg V. (2010). The Road to Terror: Stalin and the Self-destruction of the Bolsheviks, 1932–1939. New Haven: Yale University Press. ISBN 978-0-300-10407-3.
  • Goldman, Wendy Z. (2011). Inventing the Enemy: Denunciation and Terror in Stalin’s Russia. New York: Cambridge University Press. ISBN 978-0-521-19196-8.

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The Pronk Pops Show 1326, September 24, 2019, Story 1: President Trump Address To The United Nations — One of The Greatest Presidential Speeches in U.S. History — Videos — Story 2: Democrats Want To Impeach Trump For Winning In 2016 — If Democrats Impeach Trump The American People Will Elect Trump in 2020 in A Landslide Victory and Republicans Will Have Total Control of Congress — Creepy Sleepy Dopey Joe Biden Done Over Corruption of Hunter Biden Payoff Bribes In Ukraine and Communist China — Call The Impeachment Vote — Doubly Desperate Democrats — Drop Out Biden — Going, Going, Gone! — Videos —

Posted on September 30, 2019. Filed under: 2020 Democrat Candidates, 2020 President Candidates, 2020 Republican Candidates, Afghanistan, Applications, Bank Fraud, Banking System, Blogroll, Breaking News, Bribery, Bribes, British Pound, Budgetary Policy, Business, Canada, Cartoons, China, Climate, Climate Change, Coal, College, Communications, Computers, Congress, Constitutional Law, Corruption, Countries, Crime, Cuba, Culture, Currencies, Defense Spending, Disasters, Donald J. Trump, Donald J. Trump, Donald Trump, Drugs, Economics, Education, Egypt, Empires, Employment, Energy, Environment, Euro, European Union, Fiscal Policy, Foreign Policy, Free Trade, Freedom of Religion, Freedom of Speech, Government, Government Spending, Hardware, Health, House of Representatives, Illegal Drugs, Impeachment, Islamic Republic of Iran, Japan, Joe Biden, Labor Economics, Language, Law, Legal Drugs, Liquid Natural Gas (LNG), Mexico, Monetary Policy, Natural Gas, Netherlands, Nuclear, Nutrition, Oil, Public Relations, Qatar, Saudi Arabia, Senate, Servers, Social Networking, Software, Tax Policy, Trade Policy, Treason, U.S. Dollar, United States of America, Venezuela, Yemen | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

 

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Story 1: President Trump Address To The United Nations — One of The Greatest Presidential Speeches in U.S. History — Videos —

WATCH AGAIN: Donald Trump addresses United Nations General Assembly

Watch Highlights From President Donald Trump’s U.N. Speech | NBC News Now

James Risen: I Wrote About the Bidens and Ukraine in 2015. The Right-Wing Media Twisted My Reporting

Watch Highlights From President Donald Trump’s U.N. Speech | NBC News Now

Donald Trump uses UN address to warn social media giants against ‘blacklisting’ conservatives and tells the world to be ‘skeptical’ of anyone who wants control over free speech

  • Utilizing his platform at the United Nations General Assembly, Donald Trump put social media giants on blast 
  • He warned against ‘silencing’ and ‘blacklisting’ political opinions that are unpopular in Silicon Valley – where most social media sites are headquartered
  • The president has often voiced his disdain over social media platforms silencing conservative voices
  • He warned the global audience at UNGA that social media is threatening free speech, even in ‘free nations’
  • Last week, Trump met with Facebook CEO Mark Zuckerberg in the Oval Office
  • He has also previously met with Twitter CEO Jack Dorsey 

Donald Trump put America’s social media giants on notice during a United Nationsaddress on Tuesday that the U.S. government will push back against online tech giants ‘silencing, coercing, canceling or blacklisting’ political opinions that don’t rate high in Silicon Valley.

‘A small number of social media platforms are acquiring immense power over what we can see and over what we are allowed to say,’ Trump told foreign leaders.

He said he is aggressively cracking down on the biggest platforms that play political favorites online, and encouraging other nations to follow suit.

‘A free society cannot allow social media giants to silence the voices of the people,’ he said, ‘and a free people must never, ever be enlisted in the cause of silencing, coercing, canceling or blacklisting their own neighbors.’

Trump warns against social media giants limiting free speech
Donald Trump blasted U.S. social media platforms during his remarks at the United Nations General Assembly Tuesday. 'A free society cannot allow social media giants to silence the voices of the people,' he asserted

Donald Trump blasted U.S. social media platforms during his remarks at the United Nations General Assembly Tuesday. ‘A free society cannot allow social media giants to silence the voices of the people,’ he asserted

He told the room full of foreign leaders and a global audience that even 'free nations' are experiencing challenges to liberty and free speech from social media

He told the room full of foreign leaders and a global audience that even ‘free nations’ are experiencing challenges to liberty and free speech from social media

‘My administration has made clear to social media companies that we will uphold the right of free speech,’ he declared.

The president often complains about anti-conservative bias at Twitter, Facebook and Google.

He met last week with Facebook CEO Mark Zuckerberg. A White House official said the topic of ‘bias came up.’ Trump has also sat down for a talk with Twitter CEO Jack Dorsey.

The president on Tuesday raised social media in the context of condemning oppressive nations that control what their population can read, see and hear, and whose technological advances have the potential to limit freedom of speech.

Trump met last week with Facebook founder and CEO Mark Zuckerberg (right) in the Oval Office. A White House official said the topic of 'bias came up' during their meeting

Trump met last week with Facebook founder and CEO Mark Zuckerberg (right) in the Oval Office. A White House official said the topic of ‘bias came up’ during their meeting

‘A permanent political class is openly disdainful, dismissive and defiant of the will of the people,’ he continued. ‘A faceless bureaucracy operates in secret and weakens democratic rule. Media and academic institutions push flat-out assaults on our histories, traditions and values.’

‘Freedom and democracy must be constantly guarded and protected abroad, and from within,’ he said.

‘We must always be skeptical about those who want conformity and control. Even in free nations we see alarming signs and new challenges to liberty.’

Zuckerberg capped off a day of meetings in Washington, D.C. on Friday with a sit-down with Trump.

‘Nice meeting with Mark Zuckerberg of @facebook in the Oval Office today,’ the president wrote on Twitter, adding a picture of him with the Facebook CEO.

 

Story 2: Democrats Want To Impeach Trump For Winning The 2016 — If Democrats Impeach Trump The American People Will Elect Trump in 2020 in A Landslide Victory and Republicans Will Have Total Control of Congress — Creepy Sleepy Dopey Joe Biden Done Over Corruption of Hunter Biden Payoff Bribes In Ukraine and Communist China — Call The Impeachment Vote — Doubly Desperate Democrats — Drop Out Biden — Going, Going, Gone! — Videos

Biden sidesteps questions about son’s foreign work

Jun 20, 2019

Speaker Pelosi Launches Probe To Impeach Trump For First Time | The Beat With Ari Melber | MSNBC

Trump: Joe Biden and His Son Are Corrupt

Nunes: Biden admitted he did the very thing Trump is accused of doing

Biden made Ukraine fire top prosecutor investigating son’s firm – report

Explaining Trump And Giuliani’s Allegations Against Joe Biden And His Son | The 11th Hour | MSNBC

Napolitano: Trump’s admitted contact with Ukraine is a crime

Rudy Giuliani’s Actions Under Scrutiny In Trump’s Call With Ukrainian President | Hardball | MSNBC

BIDEN UKRAINE SCANDAL EXPLAINED: Unethical plan by Joe to help son Hunter profit

President Donald Trump Admits Discussing Joe Biden With Ukrainian Leader | Velshi & Ruhle | MSNBC

The Five’ reacts to Trump and Biden’s whistleblower feud

White House reacts to Congress’ Trump impeachment inquiry

Giuliani: Democrats stepped into more than they realize

Nunes: Biden admitted he did the very thing Trump is accused of doing

Gowdy on whistleblower: Here’s why ‘anonymous sources’ shouldn’t count

Graham challenges whistleblower to appear before Senate Judiciary

Joe Biden is becoming an ‘impossible candidate’: Kennedy

•Sep 3, 2019

WSJ: Trump repeatedly asked Ukraine president to probe Biden’s son

 

Joe Biden, His Son and the Case Against a Ukrainian Oligarch

Hunter Biden at a campaign event in 2008. He sits on the board of one of Ukraine’s largest natural gas companies.
CreditCreditOzier Muhammad/The New York Times

When Vice President Joseph R. Biden Jr.traveled to Kiev , Ukraine, on Sunday for a series of meetings with the country’s leaders, one of the issues on his agenda was to encourage a more aggressive fight against Ukraine’s rampant corruption and stronger efforts to rein in the power of its oligarchs.

But the credibility of the vice president’s anticorruption message may have been undermined by the association of his son, Hunter Biden, with one of Ukraine’s largest natural gas companies, Burisma Holdings, and with its owner, Mykola Zlochevsky, who was Ukraine’s ecology minister under former President Viktor F. Yanukovych before he was forced into exile.

Hunter Biden, 45, a former Washington lobbyist, joined the Burisma board in April 2014. That month, as part of an investigation into money laundering, British officials froze London bank accounts containing $23 million that allegedly belonged to Mr. Zlochevsky.

Britain’s Serious Fraud Office, an independent government agency, specifically forbade Mr. Zlochevksy, as well as Burisma Holdings, the company’s chief legal officer and another company owned by Mr. Zlochevsky, to have any access to the accounts.

But after Ukrainian prosecutors refused to provide documents needed in the investigation, a British court in January ordered the Serious Fraud Office to unfreeze the assets. The refusal by the Ukrainian prosecutor general’s office to cooperate was the target of a stinging attack by the American ambassador to Ukraine, Geoffrey R. Pyatt, who called out Burisma’s owner by name in a speech in September.

“In the case of former Ecology Minister Mykola Zlochevsky, the U.K. authorities had seized $23 million in illicit assets that belonged to the Ukrainian people,” Mr. Pyatt said. Officials at the prosecutor general’s office, he added, were asked by the United Kingdom “to send documents supporting the seizure. Instead they sent letters to Zlochevsky’s attorneys attesting that there was no case against him. As a result, the money was freed by the U.K. court, and shortly thereafter the money was moved to Cyprus.”

Mr. Pyatt went on to call for an investigation into “the misconduct” of the prosecutors who wrote the letters. In his speech, the ambassador did not mention Hunter Biden’s connection to Burisma.

But Edward C. Chow, who follows Ukrainian policy at the Center for Strategic and International Studies, said the involvement of the vice president’s son with Mr. Zlochevsky’s firm undermined the Obama administration’s anticorruption message in Ukraine.

“Now you look at the Hunter Biden situation, and on the one hand you can credit the father for sending the anticorruption message,” Mr. Chow said. “But I think unfortunately it sends the message that a lot of foreign countries want to believe about America, that we are hypocritical about these issues.”

Speaking during a visit to Ukraine, Vice President Joseph R. Biden Jr. urged the country to weed corruption out of its system.CreditCreditMikhail Palinchak/Ukrainian Presidential Press Service

“Hunter Biden is a private citizen and a lawyer,” she said. “The vice president does not endorse any particular company and has no involvement with this company. The vice president has pushed aggressively for years, both publicly with groups like the U.S.-Ukraine Business Forum and privately in meetings with Ukrainian leaders, for Ukraine to make every effort to investigate and prosecute corruption in accordance with the rule of law. It will once again be a key focus during his trip this week.”

Ryan F. Toohey, a Burisma spokesman, said that Hunter Biden would not comment for this article.

It is not known how Mr. Biden came to the attention of the company. Announcing his appointment to the board, Alan Apter, a former Morgan Stanley investment banker who is chairman of Burisma, said, “The company’s strategy is aimed at the strongest concentration of professional staff and the introduction of best corporate practices, and we’re delighted that Mr. Biden is joining us to help us achieve these goals.”

Joining the board at the same time was one of Mr. Biden’s American business partners, Devon Archer. Both are involved with Rosemont Seneca Partners, an American investment firm with offices in Washington.

Mr. Biden is the younger of the vice president’s two sons. His brother, Beau, died of brain cancer in May. In the past, Hunter Biden attracted an unusual level of scrutiny and even controversy. In 2014, he was discharged from the Navy Reserve after testing positive for cocaine use. He received a commission as an ensign in 2013, and he served as a public affairs officer.

Before his father was vice president, Mr. Biden also briefly served as president of a hedge fund group, Paradigm Companies, in which he was involved with one of his uncles, James Biden, the vice president’s brother. That deal went sour amid lawsuits in 2007 and 2008 involving the Bidens and an erstwhile business partner. Mr. Biden, a graduate of Georgetown University and Yale Law School, also worked as a lobbyist before his father became vice president.

Burisma does not disclose the compensation of its board members because it is a privately held company, Mr. Toohey said Monday, but he added that the amount was “not out of the ordinary” for similar corporate board positions.

Asked about the British investigation, which is continuing, Mr. Toohey said, “Not only was the case dismissed and the company vindicated by the outcome, but it speaks volumes that all his legal costs were recouped.”

In response to Mr. Pyatt’s criticism of the Ukrainian handling of Mr. Zlochevsky’s case, Mr. Toohey said that “strong corporate governance and transparency are priorities shared both by the United States and the leadership of Burisma. Burisma is working to bring the energy sector into the modern era, which is critical for a free and strong Ukraine.”

Vice President Biden has played a leading role in American policy toward Ukraine as Washington seeks to counter Russian intervention in Eastern Ukraine. This week’s visit was his fifth trip to Ukraine as vice president.

Ms. Bedingfield said Hunter Biden had never traveled to Ukraine with his father. She also said that Ukrainian officials had never mentioned Hunter Biden’s role with Burisma to the vice president during any of his visits.

“I’ve got to believe that somebody in the vice president’s office has done some due diligence on this,” said Steven Pifer, who was the American ambassador to Ukraine from 1998 to 2000. “I should say that I hope that has happened. I would hope that they have done some kind of check, because I think the vice president has done a very good job of sending the anticorruption message in Ukraine, and you would hate to see something like this undercut that message.”

 

 

Let’s get real: Democrats were first to enlist Ukraine in US elections

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The Pronk Pops Show 1278, June 20, 2019, Part 1– Story 1: President Trump: “Iran made a very big mistake” — Option A: Strong Message and Done , Option B: One Missile Attack and Done, Option C: Total War With Iran and World Recession Due To Spike in Oil and Gas Prices — Videos — Story 2: Federal Reserve Board Votes To Keep Federal Funds Target Range of 2.25% to 2.5% Waiting For July 2019 Jobs Report and Second Quarter Real GDP Growth Rate Number — Videos — Story 3: Creepy, Sleepy, Dopey Joey Biden in Praise of Civility of Democrat Segregationist Senators — Radical Extremist Democrats (REDS) Attack Biden — Videos — Part 2– Story 4: President Trump Pushes All The Right Buttons in 2020 Stump Speech in Orlando, Florida — Boom Boom Boom — Send Them Home — MAGA MAGA MAGA — Lock Them Up — Four More Years — Keep America Great — Win Win Win — Videos

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Pronk Pops Show 1278 June 20, 2019 

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Story 1: President Trump: “Iran made a very big mistake” — Option A: Strong Message and Done, Option B: One Missile Attack and Done, Option C: Total War With Iran and World Recession Due To Spike in Oil and Gas Prices — Videos —

Tucker: Washington is war-hungry

Pentagon releases footage of US drone being shot down by Iran

LIVE: President Trump first comments after Iran shoots down US Drone | June 20th 2019

US is bringing the Iranian economy to its knees: Nile Gardiner

Oil prices rise after Iran shoots down US drone

40% Chance of 2020 U.S.-Iran Military Conflict: Eurasia CEO

Iran shoots down US drone as tensions escalate

Video shows Iran shooting down US drone

Iran says it shot down US drone ‘violating Iranian air space’ amid growing tensions

Iran Shot Down U.S. Drone to Disrupt Trade in Persian Gulf, Senior U.S. Military Official Says

President Trump makes first comments after Iran shoots down U.S. Drone | ABC News Special Report

Iran says it’s ‘ready for war’

Iran shoots down US military spy drone | DW News

Iran says it will breach nuclear deal ‘in days’ as its uranium stockpile limit nears

Is The U.S. Going To War With Iran? | AJ+

Iran’s foreign minister accuses US, Mideast of provoking conflict

Iran’s Zarif thrashes Trump, “US driven by pathological obsession” (Munich Security Conference 2019)

Can air strikes take out Iran’s nuclear facilities?

Did Trump Just Blink or Bluff in Standoff With Iran?

Anthony Halpin

Bloomberg

Was it all a bluff? After news leaked that President Donald Trump approved and then called off U.S. airstrikes on Iran last night, it emerged he’d warned Tehran about an imminent attack while insisting he was against a war.

Today, as airlines began re-routing flights away from the Strait of Hormuz, Iran’s Foreign Ministry called in the Swiss ambassador, who also represents U.S. interests, for talks.

Was the outreach why Trump abandoned the strikes? Or was this the latest example of the whipsaw approach from a president who’s twice attacked Syria but also backed away from using force after lashing out at Iran and North Korea?

The leak of Trump’s about-face also speaks volumes about the battle for influence in the White House. Hardliners clearly thought they’d convinced him to back a tough response to Iran’s downing of a U.S. Navy drone. Yet Trump was elected on a pledge to pull out of Middle East wars.

The president, who governs with the cliffhanger style of his Apprentice TV show, thrives on keeping supporters hooked on dramatic twists.

But as his 2020 re-election campaign gains steam, the stakes now include the prospect of armed conflict and instability in a region that supplies a third of the world’s oil.

Global Headlines

Biden’s burden | Democratic front-runner Joe Biden is encountering the same pitfalls as other seasoned politicians who’ve found their experience and record can be a liability. The former Delaware senator’s struggles to defend his remarks this week about finding common ground with two segregationists is an early sign of the trouble he could have explaining a complicated voting record and his nostalgia for a Washington collegiality that has steadily diminished since he was first elected in 1972.

Border control | Trump praised Mexico’s efforts to crack down on migrants crossing the border into the U.S. after the two countries entered an agreement aimed at stemming the flow of people entering Mexico from Central America. Mexico will take greater control of its southern border and ask foreigners to register their arrival.

Osaka drama | Before Trump, Group of 20 summits were dull if worthy affairs. This year’s gathering in Osaka, Japan next week promises to be anything but, as the U.S. president holds talks with China’s Xi Jinping after threatening to escalate their trade conflict. The best-case scenario would be a pause in new U.S. tariffs and a resumption of negotiations that broke down in May. The worst-case would be a new Cold War between the two largest economies.

Favorites flushed | European Union leaders cast aside the candidates who’ve dominated the race to head the next EU Commission and will start from scratch less than two weeks before a self-imposed deadline. The decision at a summit in Brussels extends gridlock that has left investors in the dark over a series of critical posts including the next president of the European Central Bank.

Bad air | As climate change tops political agendas from Washington to New Delhi, there’s no solution in sight for the bad air choking Europe’s poorest countries. While the EU has focused mostly on stability in the volatile Balkans, health problems and lost productivity from air pollution cost the continent more than 10 billion euros a year. Obsolete coal plants and cars spew smog and hundreds of thousands of people burn tires, wood and trash to stay warm.

What to Watch

Boris Johnson and Jeremy Hunt will go head-to-head in the contest to become the U.K.’s next prime minister as they seek votes from the Conservative Party’s 160,000 grassroots members over the next month. Ukraine’s Constitutional Court threw out a challenge to a decree by President Volodymyr Zelenskiy ordering early parliamentary elections. The ruling confirmed a vote will take place next month and a new government should be in place by the fall. Turkey reruns the election for mayor of Istanbul on Sunday, pitting former prime minister and ruling AK Party candidate Binali Yildirim against opposition challenger Ekrem Imamoglu, who was stripped of his narrow victory in the March 31 ballot.

And finally…The U.K. is poised to generate more energy from low-carbon sources than from fossil fuels for the first time since the Industrial Revolution. Wind, solar, hydro and nuclear plants provided 48% of the nation’s power in the first five months of this year. The U.K. has gone without burning coal, the dirtiest fossil fuel, for the equivalent of 80 days so far in 2019, including one stretch of 18 days in a row.

–With assistance from Kathleen Hunter and Daniel Ten Kate.

https://news.yahoo.com/did-trump-just-blink-bluff-100815556.html

Trump says Iran made ‘big mistake’ by taking down US drone

today

President Donald Trump speaks during a meeting with Canadian Prime Minister Justin Trudeau in the Oval Office of the White House, Thursday, June 20, 2019, in Washington. Trump declared Thursday that “Iran made a very big mistake” in shooting down a U.S. drone but suggested it was an accident rather than a strategic error. (AP Photo/Evan Vucci)

WASHINGTON (AP) — President Donald Trump declared Thursday that “Iran made a very big mistake” by shooting down a U.S. surveillance drone over the Strait of Hormuz but suggested it was a foolish error rather than an intentional escalation of the tensions that have led to rising fears of open military conflict.

Asked about a U.S. response, the president said pointedly, “You’ll soon find out.”

The downing of the huge, unmanned aircraft , which Iran portrayed as a deliberate defense of its territory rather than a mistake, was a stark reminder of the risk of military conflict between U.S. and Iranian forces as the Trump administration combines a “maximum pressure” campaign of economic sanctions against Iran with a buildup of American forces in the region.

The drone — which has a wingspan wider than a Boeing 737 — entered Iranian airspace “despite repeated radio warnings” and was shot down by Iran, acting under the U.N. Charter which allows self-defense action “if an armed attack occurs,” Iran’s U.N. Ambassador Majid Takht Ravanchi said in a letter to the U.N. secretary-general.

Donald Trump is playing down Iran's downing of an American drone, saying that it might have been a mistake executed by someone just being "loose and stupid." He said it was a "new wrinkle" in escalating tensions between the U.S. and Iran. (June 20)

Trump, who has said he wants to avoid war and negotiate with Iran over its nuclear ambitions, appeared to play down the significance of the shootdown.

He cast it as “a new wrinkle … a new fly in the ointment.” Yet he also said that “this country will not stand for it, that I can tell you.”

Shortly before Trump spoke, Air Force Lt. Gen. Joseph Guastella, commander of U.S. Central Command air forces in the region, took a more pointed view of the shootdown in an area where Trump has blamed Iran for attacking shipping vessels.

“This attack is an attempt to disrupt our ability to monitor the area following recent threats to international shipping and free flow of commerce,” he said.

The Trump administration has been putting increasing economic pressure on Iran for more than a year. It reinstated punishing sanctions following Trump’s decision to pull the U.S. out of an international agreement intended to limit Iran’s nuclear program in exchange for relief from earlier sanctions.

The other world powers who remain signed on to the nuclear deal have set a meeting to discuss the U.S. withdrawal and Iran’s announced plans to increase its uranium stockpile for June 28, a date far enough in the future to perhaps allow tensions to cool.

Citing Iranian threats, the U.S. recently sent an aircraft carrier to the Persian Gulf region and deployed additional troops alongside the tens of thousands already there. All this has raised fears that a miscalculation or further rise in tensions could push the U.S. and Iran into an open conflict 40 years after Tehran’s Islamic Revolution.

“We do not have any intention for war with any country, but we are fully ready for war,” Revolutionary Guard commander Gen. Hossein Salami said in a televised address.

The paramilitary Guard, which answers only to Supreme Leader Ayatollah Ali Khamenei, said it shot down the drone at 4:05 a.m. Thursday when it entered Iranian airspace near the Kouhmobarak district in southern Iran’s Hormozgan province. Kouhmobarak is about 1,200 kilometers (750 miles) southeast of Tehran.

The first U.S. reaction was Trump’s Thursday morning tweet of six forceful words: “Iran made a very big mistake.”

But later, while meeting with Canadian Prime Minister Justin Trudeau, Trump said, “I would imagine it was a general or somebody that made a mistake in shooting that drone down.

He said the American drone was unarmed and unmanned and “clearly over international waters.” It would have “made a big, big difference” if someone had been inside, he said.

“I find it hard to believe it was intentional, if you want to know the truth,” Trump said. “I think that it could have been somebody who was loose and stupid that did it.”

Taking issue with the U.S. version of where the attack occurred, Iranian Foreign Minister Mohammad Javad Zarif tweeted that his country had retrieved sections of the military drone “in OUR territorial waters where it was shot down.” He said, “We don’t seek war but will zealously defend our skies, land & waters.”

U.S. Gen. Guastella disputed that contention, telling reporters that the aircraft was 34 kilometers (21 miles) from the nearest Iranian territory and flying at high altitude when struck by a surface-to-air missile. The U.S. military has not commented on the mission of the remotely piloted aircraft that can fly higher than 10 miles in altitude and stay in the air for over 24 hours at a time.

One U.S. official said there was a second American aircraft in the area that was able to get video and imagery of the drone when it was shot down.

Congressional leaders came to the White House for an hour-long briefing in the Situation Room late Thursday with top national security officials including Secretary of State Mike Pompeo, CIA Director Gina Haspel, Joint Chiefs Chairman Gen. Joseph Dunford acting Defense Secretary Patrick Shanahan and Army Secretary Mark Esper, whom Trump has said he’ll nominate as Pentagon chief.

The Senate’s top Democrat called the downing of the American drone “deeply concerning” and accused the administration of not having an Iran strategy and keeping Congress and the rest of the nation in the dark.

“The president needs to explain to the American people why he’s driving us toward another endless conflict in the Middle East,” said Sen. Chuck Schumer of New York.

House Speaker Nancy Pelosi said she didn’t think Trump wanted war with Iran and the American people have “no appetite” for it either. She said the U.S. needs to be “strong and strategic” about protecting its interests but “cannot be reckless.”

Talking tougher, Republican Sen. Lindsey Graham of South Carolina called Iran a “murderous regime” and said, “If they’re itching for a fight they’re going to get one.”

“We’re a lot closer today than we were yesterday, and only God knows what tomorrow brings,” said Graham, a Trump ally who talked with the president by telephone.

The senator also focused on the issue of Iran’s nuclear ambitions, saying its leaders have refused to negotiate after Trump withdrew the U.S. from the international agreement to limit Iranian development of nuclear weapons.

Graham said it’s imperative that the U.S. clearly tell the Iranians that any attempt to increase uranium enrichment will be seen as a “hostile act against the United States and our allies in Israel and will not go unanswered.”

Another factor: This all comes as Trump is launching his re-election campaign. He ran for president promising to bring American troops home from the Middle East and Afghanistan and has repeatedly said he wants to keep America out of “endless wars.”

Ari Fleischer, who was press secretary for President George W. Bush, cautioned against thinking about politics when weighing any response to Iran.

“I suspect a successful limited counter-strike, such as taking out the missile battery that fired at the drone or the sinking of an unmanned Iranian vessel, would be seen as a well-calibrated show of resolve and discipline,” Fleischer said in an interview. He added that “if we do nothing, Iran may strike again thinking it has impunity.”

https://apnews.com/84ad15edb7324472bb867852059a0a7a

Iran shoots down US surveillance drone, heightening tensions

29 minutes ago

In this Oct. 24, 2018, photo released by the U.S. Air Force, members of the 7th Reconnaissance Squadron prepare to launch an RQ-4 Global Hawk at Naval Air Station Sigonella, Italy. Iran’s Revolutionary Guard shot down a U.S. RQ-4 Global Hawk on Thursday, June 20, 2019, amid heightened tensions between Tehran and Washington over its collapsing nuclear deal with world powers, American and Iranian officials said, though they disputed the circumstances of the incident. (Staff Sgt. Ramon A. Adelan/U.S. Air Force via AP)

TEHRAN, Iran (AP) — Iran’s Revolutionary Guard shot down a U.S. surveillance drone Thursday in the Strait of Hormuz, marking the first time the Islamic Republic directly attacked the American military amid tensions over Tehran’s unraveling nuclear deal with world powers.

The two countries disputed the circumstances leading up to an Iranian surface-to-air missile bringing down the U.S. Navy RQ-4A Global Hawk, an unmanned aircraft with a wingspan larger than a Boeing 737 jetliner and costing over $100 million.

Iran said the drone “violated” its territorial airspace, while the U.S. called the missile fire “an unprovoked attack” in international airspace over the narrow mouth of the Persian Gulf and President Donald Trump tweeted that “Iran made a very big mistake!”

Trump later appeared to play down the incident, telling reporters in the Oval Office that he had a feeling that “a general or somebody” being “loose and stupid” made a mistake in shooting down the drone.

AP Graphic

The incident immediately heightened the crisis already gripping the wider region, which is rooted in Trump withdrawing the U.S. a year ago from Iran’s 2015 nuclear deal and imposing crippling new sanctions on Tehran. Recently, Iran quadrupled its production of low-enriched uranium to be on pace to break one of the deal’s terms by next week while threatening to raise enrichment closer to weapons-grade levels on July 7 if Europe doesn’t offer it a new deal.

Citing unspecified Iranian threats, the U.S. has sent an aircraft carrier to the Middle East and deployed additional troops alongside the tens of thousands already there. All this has raised fears that a miscalculation or further rise in tensions could push the U.S. and Iran into an open conflict 40 years after Tehran’s Islamic Revolution.

“We do not have any intention for war with any country, but we are fully ready for war,” Revolutionary Guard commander Gen. Hossein Salami said in a televised address.

The paramilitary Guard, which answers only to Supreme Leader Ayatollah Ali Khamenei, said it shot down the drone at 4:05 a.m. Thursday when it entered Iranian airspace near the Kouhmobarak district in southern Iran’s Hormozgan province. Kouhmobarak is about 1,200 kilometers (750 miles) southeast of Tehran.

Iran’s Revolutionary Guard commander Gen. Hossein Salami. (Sepahnews via AP)

The drone took off from the southern Persian Gulf and collected data from Iranian territory, including the southern port of Chahbahar near Iran’s border with Pakistan, the Guard said in comments that appeared aimed at showing it could track the aircraft.

The U.S. military has not commented on the mission of the remotely piloted aircraft that can fly higher than 10 miles in altitude and stay in the air for over 24 hours at a time.

Iran used its air defense system known as Third of Khordad to shoot down the drone — a truck-based missile system that can fire up to 18 miles (30 kilometers) into the sky, the semi-official Fars news agency reported.

Iranian state TV later broadcast video it described as the moment the Guard launched the surface-to-air missile that struck the U.S. drone. Chants of “God is great!” could be heard as a fireball appeared in the darkened sky.

Typically, militaries worldwide call out to errant aircraft entering their airspace before firing. It’s unclear whether Iran gave any warning before opening fire. The U.S. military says Iran fired on and missed another drone last week near the Strait of Hormuz, the narrow mouth of the Persian Gulf through which 20% of all global oil moves.

The U.S. has been worried about international shipping through the strategic waterway since tankers were damaged in May and June in what Washington has blamed on limpet mines from Iran, although Tehran denied involvement.. On Wednesday in the United Arab Emirates, the U.S. Navy showed fragments of mines that it said bore “a striking resemblance” to those seen in Iran

The RQ-4 Global Hawk was at least 34 kilometers from Iranian territory when it was shot down by an Iranian surface-to-air missile, said Air Force Lt. Gen. Joseph Guastella, commander of the U.S. Central Command. He said it was an attempt to disrupt U.S. efforts to monitor the Persian Gulf region.

But Salami, speaking to a crowd in the western city of Sanandaj, described the American drone as “violating our national security border.”

“Borders are our red line,” the Revolutionary Guard general said. “Any enemy that violates the borders will be annihilated.”

Iran’s Foreign Ministry also said the drone entered Iranian airspace, and Foreign Minister Mohammad Javad Zarif tweeted it would take its case to the U.N. He later tweeted that Iran retrieved parts of the drone in its territorial waters.

Russian President Vladimir Putin urged caution, warning any war between Iran and the U.S. would be a “catastrophe for the region as a minimum.”

Israeli Prime Minister Benjamin Netanyahu urged support for U.S. efforts to halt what he called escalating Iranian provocations.

“In the last 24 hours, Iran has intensified its aggression against the United States and against all of us,” he said.

U.N. Secretary-General Antonio Guterres expressed concern and urged all parties to “avoid any action that could inflame the situation,” said U.N. spokesman Stephane Dujarric.

America stations some RQ-4 Global Hawks at the Al-Dhafra Air Base in the UAE, near the capital of Abu Dhabi. Associated Press journalists saw the drones on the base’s tarmac during a March 2016 visit by then-Vice President Joe Biden. The U.S. military occasionally publishes images from there of the drones, which have a distinctive hump-shaped front and an engine atop the fuselage.

Iran has claimed to have shot down U.S. drones before. In the most famous incident, in December 2011, Iran seized an RQ-170 Sentinel flown by the CIA to monitor Iranian nuclear sites after it entered Iranian airspace from neighboring Afghanistan. Iran later reverse-engineered the drone to create their own variants.

Elsewhere in the region Thursday, Saudi Arabia said Yemen’s Iranian-backed Houthi rebels fired a rocket at a desalination plant in al-Shuqaiq, a city in the kingdom’s Jizan province. The state-run Saudi Press Agency quoted military spokesman Col. Turki al-Maliki as saying it caused no damage or casualties.

The Yemeni rebel Al-Masirah satellite news channel earlier said the Houthis targeted a power plant in Jizan, near the kingdom’s border with Yemen, with a cruise missile.

A coalition led by Saudi Arabia, a key U.S. ally, has been battling the Houthis since March 2015 in Yemen, the Arab world’s poorest nation now pushed to the brink of famine by the conflict. In recent weeks, the Houthis have launched a new campaign sending missiles and bomb-laden drones into Saudi Arabia.

https://apnews.com/e4316eb989d5499c9828350de8524963

 

 

Story 2: Federal Reserve Board Votes To Keep Federal Funds Target Range of 2.25% to 2.5% Waiting For July 2019 Jobs Report and Second Quarter Real GDP Growth Rate Number — Videos

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Trump slams Fed over interest rate policy

Fed Chair Jerome Powell speaks to media following interest rate decision – 06/19/2019

Sen. Tillis Says Fed Made Mistake in December, Defers to Trump on Powell Demotion

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Discount Rate and Federal Funds Rate

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Trump expected Powell to be a ‘cheap-money’ Fed chairman

S&P 500 closes at new record as Wall Street bets Fed will lower rates, Dow surges nearly 250 points

VIDEO02:12
The S&P 500 just closed at a record high — Here’s what four experts say to watch

Stocks rallied on Thursday, led by strong gains in tech and energy shares, as Wall Street cheered the possibility that the Federal Reserve will cut interest rates next month.

The S&P 500 surged 1% to 2,954.18, a record close. The broad index also hit an intraday record of 2,958.06. The Dow Jones Industrial Average closed 249.17 points higher at 26,753.17. The Nasdaq Composite gained 0.8% to end the day at 8,051.34.

The yield on the 10-year Treasury fell below 2% for the first time since November 2016. Investors cheered the decline in the benchmark for mortgage rates and corporate bonds.

The energy sector rose more than 2% to lead all 11 S&P 500 sectors higher as oil prices jumped. Tech gained 1.4% after shares of Oracle surged more than 8% on stronger-than-forecast earnings. General Electric’s 2.8% rise pushed the industrials sector up more than 1.6% on the day.

“Markets are based on numbers and perception. If the perception is rates are getting cut, that’s going to drive markets higher,” said Kathy Entwistle, senior vice president of wealth management at UBS. “UBS’ stance up until yesterday was we wouldn’t see any rate cuts this year. Now we see a much larger chance of a 50-basis-point cut.”

The Fed said Wednesday it stands ready to battle growing global and domestic economic risks as they took stock of intensifying trade tensions and growing concerns about inflation. Most Fed policymakers slashed their rate outlook for the rest of the calendar year by approximately half a percentage point in the previous session, while Chairman Jerome Powell said others agree the case for lower rates is building.

Policymakers also dropped “patient” from the Fed’s statement and acknowledged that inflation is “running below” its 2% objective.

Market participants viewed the overall tone from the U.S. central bank as more dovish than expected. Traders are now pricing in a 100% chance of a rate cutnext month, according to the CME FedWatch tool.

With Thursday’s gains, the market has now erased the steep losses recorded by the major indexes in May, which were sparked by trade fears. The S&P 500 and Dow both fell more than 6% while the Nasdaq lost 7.9% last month. The three indexes were up more than 7% for June.

China and the U.S. hiked tariffs on billions of dollars worth of their goods in May. Stocks turned around this month as traders bet the rising trade tensions, coupled with weaker economic data, would lead the Fed to ease its monetary policy stance.

The Fed’s message on Wednesday sent the 10-year Treasury yield to as low as 1.974% before ending the day around 2.02%. The yield stood at 2.8% in January.

“The FOMC reinforced the market’s conviction,” said Steve Blitz, chief U.S. economist at TS Lombard, in a note. “Barring a dramatic turnaround in the data, the next move is a cut – perhaps even a 50bp reduction.”

The dollar also took a hit against other major currencies. The dollar index dropped 0.5% to 96.65, led by a 0.6% slide in the euro. The yen and Canadian dollar also rose against the U.S. currency.

Energy shares got a boost from higher oil prices. The Energy Select Sector SPDR Fund (XLE) climbed 2.2% as shares of Exxon Mobil gained 1.7%. Oil prices surged 5.4% after a U.S. official said a drone was shot down over Iranian airspace.

Meanwhile, Slack shares surged more than 40% in their first day of trading. The stock closed above $38 after setting a reference price of $26.

https://www.cnbc.com/2019/06/20/stock-market-dow-futures-higher-after-fed-raises-rate-cut-hopes.html

Federal Open Market Committee

About the FOMC

Recent FOMC press conference

June 19, 2019

FOMC Transcripts and other historical materials

The term “monetary policy” refers to the actions undertaken by a central bank, such as the Federal Reserve, to influence the availability and cost of money and credit to help promote national economic goals. The Federal Reserve Act of 1913 gave the Federal Reserve responsibility for setting monetary policy.

The Federal Reserve controls the three tools of monetary policy–open market operationsthe discount rate, and reserve requirements. The Board of Governors of the Federal Reserve System is responsible for the discount rate and reserve requirements, and the Federal Open Market Committee is responsible for open market operations. Using the three tools, the Federal Reserve influences the demand for, and supply of, balances that depository institutions hold at Federal Reserve Banks and in this way alters the federal funds rate. The federal funds rate is the interest rate at which depository institutions lend balances at the Federal Reserve to other depository institutions overnight.

Changes in the federal funds rate trigger a chain of events that affect other short-term interest rates, foreign exchange rates, long-term interest rates, the amount of money and credit, and, ultimately, a range of economic variables, including employment, output, and prices of goods and services.

Structure of the FOMC

The Federal Open Market Committee (FOMC) consists of twelve members–the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis. The rotating seats are filled from the following four groups of Banks, one Bank president from each group: Boston, Philadelphia, and Richmond; Cleveland and Chicago; Atlanta, St. Louis, and Dallas; and Minneapolis, Kansas City, and San Francisco. Nonvoting Reserve Bank presidents attend the meetings of the Committee, participate in the discussions, and contribute to the Committee’s assessment of the economy and policy options.

The FOMC holds eight regularly scheduled meetings per year. At these meetings, the Committee reviews economic and financial conditions, determines the appropriate stance of monetary policy, and assesses the risks to its long-run goals of price stability and sustainable economic growth.

For more detail on the FOMC and monetary policy, see section 2 of the brochure on the structure of the Federal Reserve Systemand chapter 2 of Purposes & Functions of the Federal Reserve System. FOMC Rules and Authorizations are also available online.

2019 Committee Members

Alternate Members

Federal Reserve Bank Rotation on the FOMC

Committee membership changes at the first regularly scheduled meeting of the year.

2020 2021 2022
Members New York
Cleveland
Philadelphia
Dallas
Minneapolis
New York
Chicago
Richmond
Atlanta
San Francisco
New York
Cleveland
Boston
St. Louis
Kansas City
Alternate
Members
New York
Chicago
Richmond
Atlanta
San Francisco
New York
Cleveland
Boston
St. Louis
Kansas City
New York
Chicago
Philadelphia
Dallas
Minneapolis

 †For the Federal Reserve Bank of New York, the First Vice President is the alternate for the President. Return to table

For additional information, please use the FOMC FOIA request form.

https://www.federalreserve.gov/monetarypolicy/fomc.htm

 

Fed holds rates steady, but opens the door for a rate cut in the future

The action sets up a possible confrontation between Fed Chairman Jerome Powell and President Donald Trump, who has been pressuring the Fed to cut rates. Just Tuesday, Trump said “let’s see what he does” at the Fed meeting when asked if he still wants to demote Powell.

At the post-statement news conference, Powell was asked about his future as chairman. “I think the law is clear that I have a four year term, and I fully intend to serve it,” he said.

The strong majority for this month’s decision contrasted with a sharp difference of opinion on what happens next.

The committee provided an important nod to those worried about slower growth: It dropped the word “patient” in  describing its approach to policy. The characterization was a key part of the Fed “pivot” earlier this year that signaled to the market a more dovish approach to rates.

“The Fed didn’t surprise investors with the decision to maintain rates, but the split vote tells us that a cut is on the way and it’s increasingly likely that will be in July, as bond markets have been hoping,” said Neil Birrell, chief investment officer at Premier Asset Management.

“This was probably the compromise decision — it wasn’t shocking and should offer some reassurance,” Steve Rick, chief economist at CUNA Mutual Group, said in a note. “The FOMC will still want to closely monitor the stress fractures from the bond market, middling housing and auto sales numbers, and an increasingly uncertain global economic landscape in the coming months.”

The statement also changed wording to concede that inflation is “running below” the Fed’s 2% objective. In their forecast for headline inflation this year, officials slashed the estimate to 1.5% from March’s 1.8%. Core inflation, which excludes volatile food and energy prices, is likely now to be 1.8% from March’s 2%, according to the quarterly summary of economic projections also released Wednesday.

‘In light of these uncertainties’

The committee changed language from its May statement to indicate that economic activity is “rising at a moderate rate,” a downgrade from “solid.”

In their baseline scenario, FOMC members said they still expect “sustained expansion of economic activity” and a move toward 2% inflation, but realize that “uncertainties about this outlook have increased.”

“In light of these uncertainties and muted inflation pressures, the Committee will closely monitor the implications of incoming information for the economic outlook and will act as appropriate to sustain the expansion, with a strong labor market and inflation near its symmetric 2 percent objective,” the statement said. The “act as appropriate to sustain the expansion” language mirrors a statement from Powell in early June.

Very reasonable to think Fed will cut rates twice this year: Strategist

The committee characterized the labor market as “strong” with “solid” jobs growth, despite May’s disappointing nonfarm payrolls growth of 75,000. The statement further said that household spending “appears to have picked up from earlier in the year.”

The changes came amid what appeared to be little consensus among the committee about where rates go next.

Divided Fed

According to the “dot plot” of individual members’ expectations, eight members favor one cut this year while the same number voted in favor of the status quo and one still wants a rate hike. Bullard and Minneapolis Fed President Neel Kashkari have led the public discussion about the potential for rate cuts, while other members have been less firm.

Into 2020, the Fed consensus was a bit stronger, with nine members wanting a cut to a funds rate around 2.1%. The direction changes, though, in 2021, with indications of an increase of about a quarter-point, culminating in an expected long-run value of 2.5%. The funds rate most recently was trading at 2.37%.

Traders in the thin and volatile funds market had been pricing in a 26% chance of a cut at this week’s meeting. Later in the year, though, the probability for a July easing rose to 82.5% and the chances of a second cut in December were most recently at 60.4%. The market expects a third cut to come around March of 2020.

While the statement language offered some significant changes, estimates in the summary of economic projections, other than inflation, moved little from March. GDP growth is still expected to be 2.1% for the year – it was 3.1% in the first quarter, and the Atlanta Fed is forecasting a 2% gain in the second quarter. The unemployment rate is now expected to hold at a 50-year low of 3.6%, against the March forecast of 3.7%.

https://www.cnbc.com/2019/06/19/fed-decision-fed-leaves-rates-unchanged.html

10-year Treasury yield drops below 2% for first time since November 2016

Federal funds rate

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Federal Funds Rate compared to U.S. Treasury interest rates

2 to 10 year treasury yield spread

Inflation (blue) compared to federal funds rate (red)

Quarterly gross domestic product compared to Federal Funds Rate.

Federal Funds Rate and Treasury interest rates from 2002-2019

In the United States, the federal funds rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances to other depository institutions overnight, on an uncollateralized basis. Reserve balances are amounts held at the Federal Reserve to maintain depository institutions’ reserve requirements. Institutions with surplus balances in their accounts lend those balances to institutions in need of larger balances. The federal funds rate is an important benchmark in financial markets.[1][2]

The interest rate that the borrowing bank pays to the lending bank to borrow the funds is negotiated between the two banks, and the weighted average of this rate across all such transactions is the federal funds effective rate.

The federal funds target rate is determined by a meeting of the members of the Federal Open Market Committee which normally occurs eight times a year about seven weeks apart. The committee may also hold additional meetings and implement target rate changes outside of its normal schedule.

The Federal Reserve uses open market operations to make the federal funds effective rate follow the federal funds target rate. The target rate is chosen in part to influence the money supply in the U.S. economy[3]

Contents

Mechanism

Financial institutions are obligated by law to maintain certain levels of reserves, either as reserves with the Fed or as vault cash. The level of these reserves is determined by the outstanding assets and liabilities of each depository institution, as well as by the Fed itself, but is typically 10%[4] of the total value of the bank’s demand accounts (depending on bank size). In the range of $9.3 million to $43.9 million, for transaction deposits (checking accountsNOWs, and other deposits that can be used to make payments) the reserve requirement in 2007–2008 was 3 percent of the end-of-the-day daily average amount held over a two-week period. Transaction deposits over $43.9 million held at the same depository institution carried a 10 percent reserve requirement.

For example, assume a particular U.S. depository institution, in the normal course of business, issues a loan. This dispenses money and decreases the ratio of bank reserves to money loaned. If its reserve ratio drops below the legally required minimum, it must add to its reserves to remain compliant with Federal Reserve regulations. The bank can borrow the requisite funds from another bank that has a surplus in its account with the Fed. The interest rate that the borrowing bank pays to the lending bank to borrow the funds is negotiated between the two banks, and the weighted average of this rate across all such transactions is the federal funds effective rate.

The federal funds target rate is set by the governors of the Federal Reserve, which they enforce by open market operations and adjustments in the interest rate on reserves.[5] The target rate is almost always what is meant by the media referring to the Federal Reserve “changing interest rates.” The actual federal funds rate generally lies within a range of that target rate, as the Federal Reserve cannot set an exact value through open market operations.

Another way banks can borrow funds to keep up their required reserves is by taking a loan from the Federal Reserve itself at the discount window. These loans are subject to audit by the Fed, and the discount rate is usually higher than the federal funds rate. Confusion between these two kinds of loans often leads to confusion between the federal funds rate and the discount rate. Another difference is that while the Fed cannot set an exact federal funds rate, it does set the specific discount rate.

The federal funds rate target is decided by the governors at Federal Open Market Committee (FOMC) meetings. The FOMC members will either increase, decrease, or leave the rate unchanged depending on the meeting’s agenda and the economic conditions of the U.S. It is possible to infer the market expectations of the FOMC decisions at future meetings from the Chicago Board of Trade (CBOT) Fed Funds futures contracts, and these probabilities are widely reported in the financial media.

Applications

Interbank borrowing is essentially a way for banks to quickly raise money. For example, a bank may want to finance a major industrial effort but may not have the time to wait for deposits or interest (on loan payments) to come in. In such cases the bank will quickly raise this amount from other banks at an interest rate equal to or higher than the Federal funds rate.

Raising the federal funds rate will dissuade banks from taking out such inter-bank loans, which in turn will make cash that much harder to procure. Conversely, dropping the interest rates will encourage banks to borrow money and therefore invest more freely.[6] This interest rate is used as a regulatory tool to control how freely the U.S. economy operates.

By setting a higher discount rate the Federal Bank discourages banks from requisitioning funds from the Federal Bank, yet positions itself as a lender of last resort.

Comparison with LIBOR

Though the London Interbank Offered Rate (LIBOR) and the federal funds rate are concerned with the same action, i.e. interbank loans, they are distinct from one another, as follows:

  • The target federal funds rate is a target interest rate that is set by the FOMC for implementing U.S. monetary policies.
  • The (effective) federal funds rate is achieved through open market operations at the Domestic Trading Desk at the Federal Reserve Bank of New York which deals primarily in domestic securities (U.S. Treasury and federal agencies’ securities).[7]
  • LIBOR is based on a questionnaire where a selection of banks guess the rates at which they could borrow money from other banks.
  • LIBOR may or may not be used to derive business terms. It is not fixed beforehand and is not meant to have macroeconomic ramifications.[8]

Predictions by the market

Considering the wide impact a change in the federal funds rate can have on the value of the dollar and the amount of lending going to new economic activity, the Federal Reserve is closely watched by the market. The prices of Option contracts on fed funds futures (traded on the Chicago Board of Trade) can be used to infer the market’s expectations of future Fed policy changes. Based on CME Group 30-Day Fed Fund futures prices, which have long been used to express the market’s views on the likelihood of changes in U.S. monetary policy, the CME Group FedWatch tool allows market participants to view the probability of an upcoming Fed Rate hike. One set of such implied probabilities is published by the Cleveland Fed.

Historical rates

As of 19 December 2018 the target range for the Federal Funds Rate is 2.25–2.50%.[9] This represents the ninth increase in the target rate since tightening began in December 2015.[10]

The last full cycle of rate increases occurred between June 2004 and June 2006 as rates steadily rose from 1.00% to 5.25%. The target rate remained at 5.25% for over a year, until the Federal Reserve began lowering rates in September 2007. The last cycle of easing monetary policy through the rate was conducted from September 2007 to December 2008 as the target rate fell from 5.25% to a range of 0.00–0.25%. Between December 2008 and December 2015 the target rate remained at 0.00–0.25%, the lowest rate in the Federal Reserve’s history, as a reaction to the Financial crisis of 2007–2008 and its aftermath. According to Jack A. Ablin, chief investment officer at Harris Private Bank, one reason for this unprecedented move of having a range, rather than a specific rate, was because a rate of 0% could have had problematic implications for money market funds, whose fees could then outpace yields.[11]

Federal funds rate history and recessions.png

Explanation of federal funds rate decisions

When the Federal Open Market Committee wishes to reduce interest rates they will increase the supply of money by buying government securities. When additional supply is added and everything else remains constant, the price of borrowed funds – the federal funds rate – falls. Conversely, when the Committee wishes to increase the federal funds rate, they will instruct the Desk Manager to sell government securities, thereby taking the money they earn on the proceeds of those sales out of circulation and reducing the money supply. When supply is taken away and everything else remains constant, the interest rate will normally rise.[12]

The Federal Reserve has responded to a potential slow-down by lowering the target federal funds rate during recessions and other periods of lower growth. In fact, the Committee’s lowering has recently predated recessions,[13] in order to stimulate the economy and cushion the fall. Reducing the federal funds rate makes money cheaper, allowing an influx of credit into the economy through all types of loans.

The charts linked below show the relation between S&P 500 and interest rates.

  • July 13, 1990 — Sept 4, 1992: 8.00%–3.00% (Includes 1990–1991 recession)[14][15]
  • Feb 1, 1995 — Nov 17, 1998: 6.00–4.75 [16][17][18]
  • May 16, 2000 — June 25, 2003: 6.50–1.00 (Includes 2001 recession)[19][20][21]
  • June 29, 2006 — (Oct. 29 2008): 5.25–1.00[22]
  • Dec 16, 2008 — 0.0–0.25[23]
  • Dec 16, 2015 — 0.25–0.50[24]
  • Dec 14, 2016 — 0.50–0.75[25]
  • Mar 15, 2017 — 0.75–1.00[26]
  • Jun 14, 2017 — 1.00–1.25[27]
  • Dec 13, 2017 — 1.25–1.50[28]
  • Mar 21, 2018 — 1.50–1.75[29]
  • Jun 13, 2018 — 1.75–2.00[30]
  • Sep 26, 2018 — 2.00–2.25[9]
  • Dec 19, 2018 — 2.25–2.50[31]

Bill Gross of PIMCO suggested that in the prior 15 years ending in 2007, in each instance where the fed funds rate was higher than the nominal GDP growth rate, assets such as stocks and housing fell.[32]

International effects

A low federal funds rate makes investments in developing countries such as China or Mexico more attractive. A high federal funds rate makes investments outside the United States less attractive. The long period of a very low federal funds rate from 2009 forward resulted in an increase in investment in developing countries. As the United States began to return to a higher rate in 2013 investments in the United States became more attractive and the rate of investment in developing countries began to fall. The rate also affects the value of currency, a higher rate increasing the value of the U.S. dollar and decreasing the value of currencies such as the Mexican peso.[33]

See also

References

  1. ^ “Fedpoints: Federal Funds”Federal Reserve Bank of New York. August 2007. Retrieved October 2, 2011.
  2. ^ “The Implementation of Monetary Policy”. The Federal Reserve System: Purposes & Functions(PDF). Washington, D.C.: Federal Reserve Board. August 24, 2011. p. 4. Retrieved October 2, 2011.
  3. ^ “Monetary Policy, Open Market Operations”. Federal Reserve Bank. January 30, 2008. Archived from the original on April 13, 2001. Retrieved January 30, 2008.
  4. ^ “Reserve Requirements”. Board of Governors of The Federal Reserve System. December 16, 2015.
  5. ^ Stefan Homburg (2017) A Study in Monetary Macroeconomics, Oxford University Press, ISBN978-0-19-880753-7.
  6. ^ “Fed funds rate”. Bankrate, Inc. March 2016.
  7. ^ Cheryl L. Edwards (November 1997). Gerard Sinzdak. “Open Market Operations in the 1990s”(PDF)Federal Reserve Bulletin (PDF).
  8. ^ “BBA LIBOR – Frequently asked questions”. British Bankers’ Association. March 21, 2006. Archived from the original on February 16, 2007.
  9. Jump up to:ab “Federal Reserve issues FOMC statement” (Press release). Board of Governors of the Federal Reserve System. December 19, 2018. Retrieved June 2, 2019.
  10. ^ Tankersley, Jim (March 21, 2018). “Fed Raises Interest Rates for Sixth Time Since Financial Crisis”The New York Times. Retrieved March 22, 2018.
  11. ^ “4:56 p.m. US-Closing Stocks”. Associated Press. December 16, 2008. Archived from the original on July 18, 2012.
  12. ^ David Waring (February 19, 2008). “An Explanation of How The Fed Moves Interest Rates”. InformedTrades.com. Archived from the original on May 5, 2015. Retrieved July 20, 2009.
  13. ^ “Historical Changes of the Target Federal Funds and Discount Rates, 1971 to present”. New York Federal Reserve Branch. February 19, 2010. Archived from the original on December 21, 2008.
  14. ^ “$SPX 1990-06-12 1992-10-04 (rate drop chart)”. StockCharts.com.
  15. ^ “$SPX 1992-08-04 1995-03-01 (rate rise chart)”. StockCharts.com.
  16. ^ “$SPX 1995-01-01 1997-01-01 (rate drop chart)”. StockCharts.com.
  17. ^ “$SPX 1996-12-01 1998-10-17 (rate drop chart)”. StockCharts.com.
  18. ^ “$SPX 1998-09-17 2000-06-16 (rate rise chart)”. StockCharts.com.
  19. ^ “$SPX 2000-04-16 2002-01-01 (rate drop chart)”. StockCharts.com.
  20. ^ “$SPX 2002-01-01 2003-07-25 (rate drop chart)”. StockCharts.com.
  21. ^ “$SPX 2003-06-25 2006-06-29 (rate rise chart)”. StockCharts.com.
  22. ^ “$SPX 2006-06-29 2008-06-01 (rate drop chart)”. StockCharts.com.
  23. ^ “Press Release”. Board of Governors of The Federal Reserve System. December 16, 2008.
  24. ^ “Open Market Operations”. Board of Governors of The Federal Reserve System. December 16, 2015.
  25. ^ “Decisions Regarding Monetary Policy Implementation”. Board of Governors of The Federal Reserve System. Archived from the original on December 15, 2016.
  26. ^ Cox, Jeff (March 15, 2017). “Fed raises rates at March meeting”CNBC. Retrieved March 15, 2017.
  27. ^ “Federal Reserve issues FOMC statement”. Board of Governors of The Federal Reserve System. June 14, 2017.
  28. ^ “Federal Reserve issues FOMC statement”. Board of Governors of The Federal Reserve System. December 13, 2017.
  29. ^ “Federal Reserve issues FOMC statement”. Board of Governors of The Federal Reserve System. March 21, 2018.
  30. ^ “Federal Reserve issues FOMC statement”. Board of Governors of The Federal Reserve System. June 13, 2018.
  31. ^ “Federal Reserve issues FOMC statement”. Board of Governors of The Federal Reserve System. December 19, 2018.
  32. ^ Shaw, Richard (January 7, 2007). “The Bond Yield Curve as an Economic Crystal Ball”. Retrieved April 3, 2011.
  33. ^ Peter S. Goodman, Keith Bradsher and Neil Gough (March 16, 2017). “The Fed Acts. Workers in Mexico and Merchants in Malaysia Suffer”The New York Times. Retrieved March 18,2017Rising interest rates in the United States are driving money out of many developing countries, straining governments and pinching consumers around the globe.

External links

https://en.wikipedia.org/wiki/Federal_funds_rate

The Impact of an Inverted Yield Curve

The term yield curve refers to the relationship between the short- and long-term interest rates of fixed-income securities issued by the U.S. Treasury. An inverted yield curve occurs when short-term interest rates exceed long-term rates.

From an economic perspective, an inverted yield curve is a noteworthy event. Below, we explain this rare phenomenon, discuss its impact on consumers and investors, and tell you how to adjust your portfolio to account for it.

Interest Rates and Yield Curves

Typically, short-term interest rates are lower than long-term rates, so the yield curve slopes upwards, reflecting higher yields for longer-term investments. This is referred to as a normal yield curve. When the spread between short-term and long-term interest rates narrows, the yield curve begins to flatten. A flat yield curve is often seen during the transition from a normal yield curve to an inverted one.

Normal Yield Curve

Figure 1 – A normal yield curve

What Does an Inverted Yield Curve Suggest?

Historically, an inverted yield curve has been viewed as an indicator of a pending economic recession. When short-term interest rates exceed long-term rates, market sentiment suggests that the long-term outlook is poor and that the yields offered by long-term fixed income will continue to fall.

More recently, this viewpoint has been called into question, as foreign purchases of securities issued by the U.S. Treasury have created a high and sustained level of demand for products backed by U.S. government debt. When investors are aggressively seeking debt instruments, the debtor can offer lower interest rates. When this occurs, many argue that it is the laws of supply and demand, rather than impending economic doom and gloom, that enable lenders to attract buyers without having to pay higher interest rates.

Inverted Yield Curve

Figure 2 – An inverted yield curve: note the inverse relationship between yield and maturity

Inverted yield curves have been relatively rare, due in large part to longer-than-average periods between recessions since the early 1990s. For example, the economic expansions that began in March 1991, November 2001 and June 2009 were three of the four longest economic expansions since World War II. During these long periods, the question often arises as to whether an inverted yield curve can happen again.

Economic cycles, regardless of their length, have historically transitioned from growth to recession and back again. Inverted yield curves are an essential element of these cycles, preceding every recession since 1956. Considering the consistency of this pattern, an inverted yield will likely form again if the current expansion fades to recession.

Upward sloping yield curves are a natural extension of the higher risks associated with long maturities. In a growing economy, investors also demand higher yields at the long end of the curve to compensate for the opportunity cost of investing in bonds versus other asset classes, and to maintain an acceptable spread over inflation rates.

As the economic cycle begins to slow, perhaps due to interest rate hikes by the Federal Reserve Bank, the upward slope of the yield curve tends to flatten as short-term rates increase and longer yields stay stable or decline slightly. In this environment, investors see long-term yields as an acceptable substitute for the potential of lower returns in equities and other asset classes, which tend to increase bond prices and reduce yields.

Inverted Yield Curve Impact on Consumers

In addition to its impact on investors, an inverted yield curve also has an impact on consumers. For example, homebuyers financing their properties with adjustable-rate mortgages (ARMs) have interest-rate schedules that are periodically updated based on short-term interest rates. When short-term rates are higher than long-term rates, payments on ARMs tend to rise. When this occurs, fixed-rate loans may be more attractive than adjustable-rate loans.

Lines of credit are affected in a similar manner. In both cases, consumers must dedicate a larger portion of their incomes toward servicing existing debt. This reduces expendable income and has a negative effect on the economy as a whole.

The Formation of an Inverted Yield Curve

As concerns of an impending recession increase, investors tend to buy long Treasury bonds based on the premise that they offer a safe harbor from falling equities markets, provide preservation of capital and have potential for appreciation in value as interest rates decline. As a result of the rotation to long maturities, yields can fall below short-term rates, forming an inverted yield curve. Since 1956, equities have peaked six times after the start of an inversion, and the economy has fallen into recession within seven to 24 months.

As of 2017, the most recent inverted yield curve first appeared in August 2006, as the Fed raised short-term interest rates in response to overheating equity, real estate and mortgage markets. The inversion of the yield curve preceded the peak of the Standard & Poor’s 500 in October 2007 by 14 months and the official start of the recession in December 2007 by 16 months. However, a growing number of 2018 economic outlooks from investment firms are suggesting that an inverted yield curve could be on the horizon, citing the narrowing spread between short- and long-dated Treasuries.

If history is any precedent, the current business cycle will progress, and slowing in the economy may eventually become evident. If concerns of the next recession rise to the point where investors see the purchase of long-dated Treasuries as the best option for their portfolios, there is a high likelihood that the next inverted yield curve will take shape.

Inverted Yield Curve Impact on Fixed-Income Investors

A yield curve inversion has the greatest impact on fixed-income investors. In normal circumstances, long-term investments have higher yields; because investors are risking their money for longer periods of time, they are rewarded with higher payouts. An inverted curve eliminates the risk premium for long-term investments, allowing investors to get better returns with short-term investments.

When the spread between U.S. Treasuries (a risk-free investment) and higher-risk corporate alternatives is at historical lows, it is often an easy decision to invest in lower-risk vehicles. In such cases, purchasing a Treasury-backed security provides a yield similar to the yield on junk bondscorporate bondsreal estate investment trusts (REITs) and other debt instruments, but without the risk inherent in these vehicles. Money market funds and certificates of deposit (CDs) may also be attractive – particularly when a one-year CD is paying yields comparable to those on a 10-year Treasury bond.

Inverted Yield Curve Impact on Equity Investors

When the yield curve becomes inverted, profit margins fall for companies that borrow cash at short-term rates and lend at long-term rates, such as community banks. Likewise, hedge funds are often forced to take on increased risk in order to achieve their desired level of returns.

In fact, a bad bet on Russian interest rates is largely credited for the demise of Long-Term Capital Management, a well-known hedge fund run by bond trader John Meriwether.

Despite their consequences for some parties, yield-curve inversions tend to have less impact on consumer staples and healthcare companies, which are not interest-rate dependent. This relationship becomes clear when an inverted yield curve precedes a recession. When this occurs, investors tend to turn to defensive stocks, such as those in the food, oil and tobacco industries, which are often less affected by downturns in the economy.

The Bottom Line

While experts question whether or not an inverted yield curve remains a strong indicator of pending economic recession, keep in mind that history is littered with portfolios that were devastated when investors blindly followed predictions about how “it’s different this time.” Most recently, shortsighted equity investors spouting this mantra participated in the “tech wreck,” snapping up shares in tech companies at inflated prices even though these firms had no hope of ever making a profit.

If you want to be a smart investor, ignore the noise. Instead of spending time and effort trying to figure out what the future will bring, construct your portfolio based on long-term thinking and long-term convictions – not short-term market movements.

For your short-term income needs, do the obvious: choose the investment with the highest yield, but keep in mind that inversions are an anomaly and they don’t last forever. When the inversion ends, adjust your portfolio accordingly.

Story 3: Creepy, Sleepy, Dopey, Joey Biden in Praise of Civility of Democrat Segregationist Senators Eastland (Mississippi) and Talmadge (Georgia) Who Got Things Done — Radical Extremist Democrats (REDS) Attack Biden — Lying Lunatic Leftist Losers and Big Lie Media Playing Identity Politics and Divide and Conquer — Videos —

Biden’s ties to segregationist senator spark campaign tension

Biden’s ties to segregationist senator spark campaign tension

SUSAN WALSH / AP

Joe Biden was a freshman senator, the youngest member of the august body, when he reached out to an older colleague for help on one of his early legislative proposals: The courts were ordering racially segregated school districts to bus children to create more integrated classrooms, a practice Biden opposed and wanted to change.

“I want you to know that I very much appreciate your help during this week’s Committee meeting in attemptingto bring my antibusing legislation to a vote,” Biden wrote on June 30, 1977.

The recipient of Biden’s entreaty was Sen. James Eastland, at the time a well-known segregationist who had called blacks “an inferior race” and once vowed to prevent blacks and whites from eating together in Washington. The exchange, revealed in a series of letters, offers a new glimpse into an old relationship that erupted this week as a major controversy for Biden’s presidential campaign.Biden on Wednesday night described his relationship with Eastland as one he “had to put up with.” He said of his relationships with Eastland and another staunch segregationist and southern Democrat, Sen. Herman Talmadge of Georgia, that “the fact of the matter is that we were able to do it because we were able to win — we were able to beat them on everything they stood for.”

But the letters show a different type of relationship, one in which they were aligned on a legislative issue. Biden said at the time that he did not think that busing was the best way to integrate schools in Delaware and that systemic racism should be dealt with by investing in schools and improving housing policies.

The letters were provided Thursday to the Washington Post by the University of Mississippi, which houses Eastland’s archived papers. They were reported in April by CNN.

Biden’s campaign late Thursday issued a statement saying that “the insinuation that Joe Biden shared the same views as Eastland on segregation is a lie.”

“Plain and simple. Joe Biden has dedicated his career to fighting for civil rights,” the statement said.

The controversy over Biden’s comments this week have continued to reverberate at a crucial time in the campaign, with matters of race dominating the political discussion ahead of several prominent gatherings, including the first presidential debate next week and a multicandidate event before black voters in South Carolina on Friday. It has emerged as a complex political problem for Biden, who has been trying to campaign as a civil rights champion while explaining past views that are out of step with today’s Democratic base.

Biden’s Wednesday remarks sparked one of the sharpest intra-Democrat exchanges of the campaign, when Sen. Cory Booker of New Jersey, one of his black 2020 rivals, criticized both Biden’s work with segregationists and the language that he used in describing it.

On Wednesday, Biden called Booker. Biden’s campaign also distributed talking points to supporters, emphasizing that Eastland and Talmadge “were people who he fundamentally disagreed with on the issue of civil rights.”

Late Thursday, the former vice president met with a small group that included black members of Congress, one of the participants said.

Divisions also emerged in Biden’s campaign over how he should handle such situations. Aides alternately argued that he simply misspoke in telling the anecdote, that he shouldn’t be telling it at all or that his remarks demonstrate his ability to work with those with whom he disagrees and the words were being purposefully twisted for political gain.

The letters show that Biden’s courtship of Eastland started in 1972, before he had taken office, and that he wrote to the older senator listing his top six committee assignment requests, with Foreign Relations and Judiciary at the top. A few weeks later, Biden thanked Eastland, writing that he was “flattered and grateful” for his help. He also referred to the December 1972 car crash that killed his wife and daughter and injured his two sons.

“Despite my preoccupation with family matters at this time, I intend to place the highest priority on attending to my committee responsibilities,” Biden wrote.

Biden supporters have repeatedly pointed to his efforts on civil rights issues to cast him as a champion of equality. Not only did he share an eight-year partnership with the first black president, he also worked alongside black leaders throughout his career on extending the Voting Rights Act, amending the Fair Housing Act and creating the holiday honoring the Rev. Martin Luther King Jr.et in the debate over the merits of busing as a solution to greater integration, Biden’s avowed stance against it put him at odds with some civil rights leaders.

 

 

It was in that context that he courted the support of Eastland — at the time the chairman of the Senate Judiciary Committee — as well as other senators.

In one letter, on March 2, 1977, Biden outlined legislation he was filing to restrict busing practices.

“My bill strikes at the heart of the injustice of court ordered busing,” he wrote to Eastland. “It prohibits the federal courts from disrupting our educational system in the name of the constitution where there is no evidence that the governmental officials intended to discriminate.”

“I believe there is growing sentiment in the Congress to curb unnecessary busing,” he added. The Senate two years earlier had passed a Biden amendment that prohibited the federal Department of Health, Education and Welfare from ordering busing to achieve school integration.

 

“That was the first time the U.S. Senate took a firm stand in opposition to busing,” Biden wrote. “The Supreme Court seems to have recognized that busing simply cannot be justified in cases where state and local officials intended no discrimination.”

In later letters to Eastland, Biden continued pushing his legislation.

“I want you to know that I very much appreciate your help during this week’s Committee meeting in attempting to bring my antibusing legislation to a vote,” Biden wrote on June 30, 1977.

The next year, he continued to push for antibusing legislation and again wrote to Eastland.

“Since your support was essential to having our bill reported out by the Judiciary Committee, I want to personally ask your continued support and alert you to our intentions,” Biden wrote on Aug 22, 1978. “Your participation in floor debate would be welcomed.”

After Biden’s remarks at the Wednesday night fund-raiser, advisers played down his comments about Eastland as a garbled rendition of a familiar Biden anecdote. In particular, they sought to excuse Biden for saying that Eastland didn’t refer to him as “boy” — an insult leveled at black men — but as “son.”

“He just misspoke,” said one Biden adviser. “The way Biden usually tells the story, he says Eastland didn’t call him ‘senator,’ he called him ‘son,’ ” the adviser said. “Eastland called him ‘boy’ and ‘son’ also. This was Eastland’s way of diminishing young senators.”

In the campaign statement Thursday, Biden’s national press secretary, Jamal Brown, said Biden’s “strong support for equal housing, equal education and equal job opportunities were clear to all Delawareans in the 1970s.”

Biden sought to ensure that black students received “the resources necessary to deliver the quality education they deserved,” he said.

Brown added that throughout his public life, Biden “fought the institutional problems that created de facto segregated school systems and neighborhoods in the first place: redlining, school lines drawn to keep races and classes separate and housing patterns and discrimination.”

Almost the entire Democratic field is set to attend a fish fry Friday night hosted by House Majority Whip James Clyburn, a leading black figure in the state and one who has remained supportive of Biden.

It would be the first public appearance Biden is making with the same Democratic presidential hopefuls who have heaped criticism on him for the comment.

In demanding an apology, Booker said Wednesday that Biden’s “relationships with proud segregationists are not the model for how we make America a safer and more inclusive place for black people, and for everyone.”

Asked about Booker’s remarks by reporters, Biden declined to offer an apology and instead demanded one from Booker. The two men later spoke privately.

“Cory shared directly what he said publicly — including helping Vice President Biden understand why the word ‘boy’ is painful to so many,” said Sabrina Singh, a Booker campaign spokeswoman. “Cory believes that Vice President Biden should take responsibility for what he said and apologize to those who were hurt.”

Biden’s campaign would not elaborate on the call, but it is clear the topic could linger over the coming days.

Biden has scheduled a sit-down interview with MSNBC, his campaign has been sending out talking points to surrogates, and some black supporters are eager to hear the former vice president offer a fuller explanation.

“I think he’s got to address it head on and show people what his line of thinking was,” said Antjuan Seawright, a Democratic strategist in South Carolina who is close with Biden’s team. “I don’t think they need to get off course with their strategy. I just think they have to address it as it comes up and move on.”

Other Biden supporters, however, think he’s taking just the right approach and standing by his long-held beliefs.

I encouraged campaign staff that I know to say: ‘Don’t back off on this. This is precisely why you’re the right guy in the right place at the right time.’ And I was glad to see that he didn’t,” said Dave O’Brien, a longtime Biden supporter in Cedar Rapids, Iowa.

“You know that some of the other issues, he’s got to evolve with the times, which he has,” O’Brien added. “But there are points where you need to make a stand, so I was very glad to see him not back off on this issue.”

https://www.inquirer.com/politics/nation/joe-biden-james-eastland-segregation-democratic-primary-20190621.htmlPosted: June 20, 2019 – 10:59 PM

Biden not apologizing for remarks on segregationist senators

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Democratic presidential candidate, former Vice President Joe Biden, speaks at the Poor People’s Moral Action Congress presidential forum in Washington, Monday, June 17, 2019. (AP Photo/Susan Walsh)

Joe Biden refused calls to apologize Wednesday for saying that the Senate “got things done” with “civility” even when the body included segregationists with whom he disagreed.

His rivals for the Democratic presidential nomination, including the two major black candidates in the contest, roundly criticized Biden’s comments. But Biden didn’t back down and was particularly defiant in the face of criticism from New Jersey Sen. Cory Booker, who said the former vice president should apologize for his remarks.

Biden countered that it was Booker who should apologize because the senator “should know better” than to question his commitment to civil rights.

“There’s not a racist bone in my body,” Biden said. “I’ve been involved in civil rights my whole career.”

Speaking on CNN, Booker responded: “I was raised to speak truth to power and that I shall never apologize for doing that. And Vice President Biden shouldn’t need this lesson.”

The firestorm is quickly becoming one of the most intense disputes of the Democratic presidential primary, underscoring the hazards for Biden as he tries to turn his decades of Washington experience into an advantage. Instead, he’s infuriating Democrats who say he’s out of step with the diverse party of the 21st century and potentially undermining his argument that he’s the most electable candidate in the race.

The controversy began at a New York fundraiser Tuesday when Biden pointed to long-dead segregationist senators James Eastland of Mississippi and Herman Talmadge of Georgia to argue that Washington functioned more smoothly a generation ago than under today’s “broken” hyperpartisanship.

“We didn’t agree on much of anything,” Biden said of the two men, who were prominent senators when Biden was elected in 1972. Biden described Talmadge as “one of the meanest guys I ever knew” and said Eastland called him “son,” though not “boy,” a reference to the racist way many whites addressed black men at the time.

Yet even in that Senate, Biden said, “At least there was some civility. We got things done.”

A pile on from Biden’s rivals quickly ensued. Booker said he was disappointed by Biden’s remarks.

“I have to tell Vice President Biden, as someone I respect, that he is wrong for using his relationships with Eastland and Talmadge as examples of how to bring our country together,” said Booker, who is African American.

New York City Mayor Bill de Blasio, a fellow Democratic presidential candidate and a white man who is married to a black woman, tweeted: “It’s 2019 & @JoeBiden is longing for the good old days of ‘civility’ typified by James Eastland. Eastland thought my multiracial family should be illegal.”

California Sen. Kamala Harris, a black presidential candidate, said Biden was “coddling” segregationists in a way that “suggests to me that he doesn’t understand … the dark history of our country” — a characterization Biden’s campaign rejects.

Former Texas Rep. Beto O’Rourke, another 2020 candidate, said, “For the vice president to somehow say that what we’re seeing in this country today is a function of partisanship or a lack of bipartisanship completely ignores the legacy of slavery and the active suppression of African Americans and communities of color right now.”

The tumult comes at a crucial point in the campaign. Biden is still recovering from controversy he sparked earlier this month when he angered many Democrats by saying he didn’t support federal taxpayer money supporting abortion. He later reversed his position.

He’s among the more than 20 candidates who will descend on South Carolina this weekend to make their case to black voters at a series of Democratic events.

Meanwhile, most Democratic White House hopefuls will again gather in Miami next week for the first presidential debate of the primary season. Biden will almost certainly come under fire there for his comments this week.

He sought to defuse the tension on Wednesday by saying he was trying to argue that leaders sometimes have to work with people they disagree with to achieve goals, such as renewing the Voting Rights Act.

“The point I’m making is you don’t have to agree. You don’t have to like the people in terms of their views,” he said Wednesday. “But you just simply make the case and you beat them without changing the system.”

He has received support from some black leaders. Cedric Richmond, Biden’s campaign co-chairman and former Congressional Black Caucus chairman, said Biden’s opponents deliberately ignored the full context of his argument for a more functional government.

“Maybe there’s a better way to say it, but we have to work with people, and that’s a fact,” Richmond said, noting he dealt recently with President Donald Trump to pass a long-sought criminal justice overhaul. “I question (Trump’s) racial sensitivity, a whole bunch of things about his character … but we worked together.”

Likewise, Richmond said, Biden mentioned Jim Crow-era senators to emphasize the depths of disagreements elected officials sometimes navigate. “If he gets elected president, we don’t have 60 votes in the Senate” to overcome filibusters, Richmond noted. “He could be less genuine and say, ‘We’re just going to do all these things.’ But we already have a president like that. (Biden) knows we have to build consensus.”

Biden also drew a qualified defense from Republican Sen. Tim Scott of South Carolina, the only black senator from his party. Scott said that Biden “should have used a different group of senators” to make his point but that his remarks “have nothing to do with his position on race” issues. Scott said the reaction reflects an intense environment for Democrats in which the desire to defeat Trump means “anything the front-runner says that is off by a little bit” will be magnified.

https://apnews.com/5b57473cfcda44e4b35c8a40759a26fc

The gloves come off in the Democratic primary

This was the week that the battle for the nomination got real.

The tenor of the Democratic presidential primary has verged on courteous from the start: To the extent that Democrats went after Joe Biden, it was usually not by name. And Bernie Sanders and Elizabeth Warren kept their rivalry decidedly civil.

This week, with the first debates of the election season days away, the gentility came to an end.

Biden’s remarks at a New York fundraiser that “at least there was some civility” when he worked with segregationists in the Senate unleashed a torrent of criticism from his rivals and the left. And a story in POLITICO about centrists coming around to Warren as an “anybody but Bernie” alternative set off Sanders and his allies.

“We knew the primary wouldn’t be all puppies and rainbows forever,” said Ben LaBolt, a former adviser to Barack Obama. “And as the debates approach you can see a new dynamic emerging.”

The reaction from Biden’s rivals to his comments was fierce.

New York Mayor Bill de Blasio, whose wife is African American, noted that one of the segregationists Biden invoked, James Eastland of Mississippi, would have outlawed his marriage. Sen. Cory Booker, who is black, took offense that Biden seemed to make light of Eastland calling him “son” but not “boy.”

“You don’t joke about calling black men ‘boys’,” Booker said.

Booker called on Biden to apologize but Biden took a different path. Outside a fundraiser Wednesday night, a defiant Biden said he had nothing to be sorry for and that it’s Booker who should apologize for questioning someone without “a racist bone in my body.”

“He knows better,” Biden said.

The crossfire marked some of the most direct and intense exchanges so far of the 2020 primary campaign. And it signals that with less than a week until the first televised debate, the field is done tiptoeing around.

“Running for president is no tea party. It’s a battle. And it is customary for candidates to begin to engage at this stage. The polite preliminaries are over,” said Democratic strategist and former Obama hand David Axelrod. “And since there is generally broad agreement on issues, if not solutions, the disputes necessarily turn on other things.”

In a separate episode, Sanders dispatched a tweet that was viewed as a sideswipe of Warren.

“The cat is out of the bag. The corporate wing of the Democratic Party is publicly ‘anybody but Bernie,’” Sanders wrote on Twitter, sharing a POLITICO storyheadlined: “Warren emerges as potential compromise nominee.”

Sanders faced his own backlash over the remark.

“If we had a multi-party parliament, it’d be pretty normal for Sanders and Warren to campaign against each other for leadership in a Social Democratic Party. That said, I still find this move pretty dissapointing [sic] and unnecessary. Draw contrasts if you want, but not like this,” tweeted Waleed Shadid, communications director of the progressive group Justice Democrats.

Shadid later noted that Sanders on CNN said his remark was targeted at the moderate think tank Third Way, and not Warren.

Still, the escalating tensions come as Warren is gaining on Sanders in polls. She leapfrogged him in recent surveys in Nevada and California. And a Monmouth University poll released Wednesday showed Warren and Sanders virtually tied for second, with Warren, at 15 percent, gaining five points in one month. Biden still led the field at 32 percent.

“Biden’s numbers have held up higher than expected and a number of challengers are going after his gaffes more aggressively than before,” LaBolt said. “Warren has begun eating into Bernie’s numbers and he is trying to fend her off.”

Still, one Democratic veteran of the 2016 campaign, ex-Sanders adviser Mark Longabaugh, said the current tangles are nothing like what he experienced in that campaign. There’s plenty of time for it to get there, but it hasn’t happened yet.

“I don’t know if the gloves are off. I think the gloves may be getting a little loose — pulling out the fingertips to take the gloves off.” Longabaugh said. “Having been through the 2015-16 experience, I gotta tell ya, that was much more combative than anything you’ve seen in this race — not anything close.”

Not far from anyone’s mind are the first debates in Miami on Wednesday and Thursday next week.

“While this type of engagement is expected,” LaBolt said, “candidates should be careful not to cross any lines that could significantly damage potential nominees for the general.”

https://www.politico.com/story/2019/06/20/2020-election-democratic-primary-1373202

 

 

Part 2– Story 4: President Trump Pushes All The Right Buttons in 2020 Stump Speech in Orlando, Florida –Send Them Home — Lock Them Up — Four More Years — Videos

TRUMP 2020: President Trump Re-Election Campaign Rally – FULL SPEECH

What To Take Away From President Trump’s Re-Election Rally In Florida

FOX and Friends *6/19/19 | URGENT!TRUMP BREAKING News June 19, 2019

Orlando Fl Trump Rally CROWD FOOTAGE June 18th 2019

Trump slams Obamacare at 2020 reelection rally

President Trump’s 2020 campaign kicks off with a rally in Orlando, Florida

Trump mocks Hillary at explosive re-election campaign rally

Trump campaign kickoff rally was “like we were throwing back the clock to four years ago”

WATCH: Vice President Mike Pence Speaks at President Trump’s Reelection Rally

WATCH: Donald Trump Jr. Delivers EXPLOSIVE Speech at Reelection Rally

LIVE 🔴 President Trump Rally in Orlando, Florida – June 18, 2019 – TRUMP 2020 RE-ELECTION RALLY

News Now Stream 2 6/18/19 (FNN)

Rep. Matt Gaetz: Trump’s Campaign Is An Inclusive Movement

FULL RALLY: President Trump Holds MASSIVE Rally in Orlando, FL

Trump supporters call speech ‘fantastic’

Anti-Trump Protesters Gather Outside Trump’s 2020 Kickoff Rally in Orlando

The Ingraham Angle 6/18/19 | Laura Ingraham Fox News June 18, 2019

Sean Hannity 6/18/19 | Fox News Today June 18 2019

Tucker Carlson Tonight 6/18/19 | Fox News Today June 18 2019

With Florida rally, Trump aims for a 2020 campaign ‘reset’

Trump to launch 2020 re-election bid in Florida

Orlando preps for huge crowds for Trump rally

Crowds grow for Trump rally in Orlando

People are lining up for President Trump’s event on Tuesday

THE PRESIDENT IS BACK: President Trump Returns From MASSIVE Orlando Rally

The Memo: Can Trump run as an outsider?

President Trump is running for reelection as an outsider candidate. But it’s a knotty challenge for someone who holds the world’s most powerful office.

Trump’s speech in Orlando, Fla., on Tuesday, which officially launched his 2020 bid, was rife with rhetoric portraying himself — and by extension his supporters — as victims of nefarious elites.

The president said that he and his allies were besieged by a “permanent political class” and “an unholy alliance of lobbyists and donors and special interests.”

“Our patriotic movement has been under assault from the very first day,” Trump insisted at one point. Moments before, he told the crowd, “the swamp is fighting back so viciously and violently.”

It’s the kind of language that makes Democrats roll their eyes. Trump, they note, is a billionaire property developer, born into wealth, who won the presidency on his first attempt — yet he portrays himself as the tribune of “the forgotten men and women of our country” whom he invoked in his January 2017 inaugural address.

But Trump’s unconventionality might, in itself, help him retain some kind of outsider cachet in a way that is unusual for an incumbent president.

“For any other president, yes, it is a challenge,” said Alex Conant, a Republican strategist who worked for Sen. Marco Rubio (R-Fla.) in the 2016 presidential primaries.

“But Trump is unlike any other president. Trump has been at war with the establishment since the moment he set foot in the White House,” he said.

It is certainly true that Trump was viewed with suspicion by the Republican Party from the time he began his presidential run — and that his language and attitudes are viewed with distaste by much of the Beltway political class.

But dislike for Trump’s personal antics is hardly confined to D.C. elites.

A Pew Research Center poll in March showed pluralities of the public believing that he was not “trustworthy,” “even-tempered” or “well-informed.”

For all Trump’s supposed concern with less affluent Americans, 56 percent of the respondents in the Pew poll said they did not believe he cared about “people like me,” whereas just 40 percent said he did care.

The GOP has largely made peace with him, with former rivals including Sens. Lindsey Graham (S.C.) and Rand Paul (Ky.) becoming enthusiastic supporters, congressional dissenters such as former Rep. Mark Sanford(R-S.C.) having been defeated in primaries and Trump now in firm control of the party apparatus.

Skeptics also point to both policies and personnel — from the steep cut in the corporate tax rate in 2017 to the 16-month run of the ethically challenged Scott Pruitt as head of the Environmental Protection Agency — as evidence that the swamp has remained undrained under Trump.

But Trump allies are insistent that the president’s feel for the cultural mores of blue-collar America remains a potent and underrated political weapon.

“He is certainly an outsider to the political establishment. They still don’t get him and he is not coming around to their way of thinking,” said Barry Bennett, who worked as a senior adviser to Trump’s 2016 campaign. “He may live inside the gates but he does not live inside the establishment. … I don’t know anyone who believes he has become some kind of Georgetown socialite.”

Michael Caputo, a longtime Trump friend, insisted, “I have never ever met anyone, any Trump supporter, who believes anything else besides the fact that he’s an outsider.”

There is clearly a political dividend to be gained if Trump can hold onto his outsider image.

In the recent past, voters in presidential elections have often chosen the candidate seen as less steeped in the ways of Washington.

Former President Obama won election twice as a change agent, initially winning the White House as the first black president and then securing a second term over GOP nominee Mitt Romney, the personification of a genteel Republican establishment.

Former President George W. Bush had only a tenuous claim to outsider status, given he was the son of a president — yet his campaign was able to paint then-Sen. John Kerry (D-Mass.) as a creature of Washington in the 2004 presidential election.

Before that, former President Clinton used his down-home Arkansas image as a weapon against an incumbent president, Bush’s father, George H.W Bush, and then won a second term over another GOP establishment favorite, then-Sen. Bob Dole (Kan.).

Independent observers acknowledge that Trump’s style, divisive though it is, could help him be seen as much more of a disruptor even than these recent predecessors.

“It’s almost impossible for an incumbent to run as an outsider, but Trump has held onto that credential,” said Tobe Berkovitz, a Boston University professor who specializes in political communications. “He is parlaying that into how he sees himself — running against the Democrats, the media, the elites.”

Republicans, meanwhile, argue that Trump’s outsider image could be especially useful if Democrats pick former Vice President Joe Biden as their nominee.

Biden, in their telling, is much easier to brand as a creature of Washington given his decades in the Senate. There will be a different challenge if Democrats instead choose one of Biden’s rivals who is a fresher face on the national political scene, such as Sen. Elizabeth Warren (D-Mass.) or Sen Kamala Harris (D-Calif.); or more radical, such as Sen. Bernie Sanders(I-Vt.).

Trump, billionaire Manhattanite though he may be, has long used the idea that he is sneered at by a snobbish elite to his own advantage.

On Tuesday, he told his supporters that Democrats “want to destroy you.”

It was a stark and visceral remark even by Trump’s standards.

But, after his 2016 victory, even his critics can’t be so sure it won’t work.

https://thehill.com/homenews/the-memo/449436-the-memo-can-trump-run-as-an-outsider

A Second Term for What?

Trump can’t win by relitigating 2016 and playing only to his base.

President Donald Trump looks on during a rally at the Amway Center in Orlando, Florida to officially launch his 2020 campaign on June 18.PHOTO: MANDEL NGAN/AGENCE FRANCE-PRESSE/GETTY IMAGES

President Trump announced his campaign for a second term at a rally in Orlando on Tuesday evening that recounted his first-term record and 2016 victory before thousands of rapturous supporters. The only thing missing was an agenda for 2020.

The most striking fact of his speech was how backward looking it was. Every incumbent needs to remind voters of his record, Mr. Trump more than most because the media are so hostile.

Donald Trump Launches Campaign

The President is also right that his opponents have refused to recognize the legitimacy of his election. House Democrats may still try to impeach him for not obstructing an investigation into what wasn’t a conspiracy with Russia. His sense of “grievance,” to quote the media meme about his speech, on that point is entirely justified.

Yet Mr. Trump is asking for four more years, and his preoccupation with vindicating 2016 won’t resonate much beyond his core supporters. Most voters have moved on from 2016, which is why a majority opposes impeachment in every poll. They don’t much care about Mr. Trump’s greatest hits about Hillary Clinton, who alas for the President will not be on the ballot in 2020. They want to know why they should take a risk on Mr. Trump and his volatile character for another term.

This is all the more important given the way his first term has evolved on policy. One paradox is that his main policy successes have come from pursuing a conventional conservative agenda. The failures have been on the issues like trade and immigration that are the most identified with Trumpian disruption.

The economy’s renewed growth spurt came from tax reform, deregulation, liberating energy production and ending the anti-business harassment of the Obama years. His remaking of the judiciary and rebuilding of the military unite Republicans of all stripes. Criminal justice reform was the result of years of spade work on the right and left.

Mr. Trump deserves credit for pursuing all of this despite often ferocious opposition that might have intimidated a different GOP President. That’s true in particular of his withdrawal from the Iran nuclear deal and the Paris climate accord, where U.S. Democratic and media opinion is aligned with Europe’s elites.

On immigration, however, the President missed a chance to strike a deal trading more border security (including his wall) for legalizing Dreamers. He must now confront the asylum crisis at the border with no help from Democrats. On trade, Mr. Trump has disrupted global rules but has put nothing new and stable in their place. Asking voters to believe he’ll do better on these issues in a second term isn’t likely to turn many swing voters his way.

The other paradox of the Trump Presidency is his low approval rating despite a stronger economy. The polls show his approval rating on the economy is above 50% but his overall approval is 44.3% in the Real Clear Politics average. The difference is best explained by Mr. Trump’s polarizing behavior, which has alienated in particular college-educated voters and Republican women. In the latest Wall Street Journal-NBC poll, Mr. Trump is underwater with white college-educated women by a remarkable 20 percentage points.

Mr. Trump may figure he can persuade some of those skeptics by making the Democratic nominee even more unpopular than he is. If the Democrats oblige by nominating Bernie Sanders or Elizabeth Warren, that might be possible. But that is making a bet on the other party’s mistake, and a re-election campaign is typically a referendum on the incumbent.

Which is all the more reason to offer voters something more for a second term. He could put Democrats on the spot for high housing prices and homelessness by talking about restrictive zoning for elites and high property taxes. He could offer to reform higher education by making schools responsible for some of the debt of students who can’t repay loans, or invigorate vocational education to help young people who can’t go to college.

He could package health-care proposals to expand choice, reduce prices and make insurance portable; his administration has already proposed some of them. He could advance his theme of “draining the swamp” by offering ideas to reform the civil service. We’d include entitlement reform, but then Mr. Trump has shown no interest and we don’t believe in political miracles.

This is far from an exhaustive list, and Mr. Trump won’t win as a policy wonk in any case. But Mr. Trump also won’t win by relitigating the 2016 election or playing only to his political base. He needs more than he offered voters on Tuesday night.

Opinion: Countering Trump With Reliability, Not Bold Agenda

Opinion: Countering Trump With Reliability, Not Bold Agenda
A Fox News poll has found that Democrats prefer a “steady” candidate to a “big agenda” candidate. But going up against the scale of Donald Trump will be tough, so how do frontrunners Joe Biden, Bernie Sanders and Elizabeth Warren compare? Image: Getty

‘This election is about you. Your family, your future & the fate of YOUR country’: Trump lays it on the line at 20,000-strong Orlando rally as he kicks off 2020 re-election campaign with his entire family and obligatory digs at ‘Crooked Hillary’

  • The president spent the first half-hour of a Tuesday night rally hammering his old foe Hillary Clinton 
  • Trump said his team wondered if it should hold the rally in a venue which can hold 20,000 people
  • ‘Not only did we fill it up, but we had 120,000 requests… Congratulations!’ the president said to cheers
  • The president’s daughter-in-law, Lara Trump, invited the criticism when she wound up an arena of supporters
  • Husband Eric, who spoke after her, had a crowd of more than 20,000 screaming, ‘CNN Sucks!’ 
  • ‘He loves this country and we, as a family, love this country. We’re going to fight like hell,’ Eric said 
  •  Donald Trump Jr. mocked Joe Biden before the rowdy crowd that waited in the heat and rain for hours
  • ‘He gets up on the stump. It’s so stupid,’ he said, claiming the ex-VP has four-person crowds 

President Trump spent a Tuesday night rally he’d advertised as a 2020 kickoff hammering his old foe Hillary Clinton for acid washing her emails and failing to deliver on her pledge to beat him, while Democrats vying for the party’s nomination now escaped his wrath.

Noting that he’s under constant media scrutiny, Trump said that he’d be sent to the slammer if he ordered aides to destroy potential evidence.

‘But, can you imagine if I got a subpoena, think of this, if I got a subpoena for emails, if I deleted one email like a love note to Melania, it’s the electric chair for Trump,’ he claimed in a campaign speech in Orlando.

Trump said subpoenas he’s receiving are not about Democratic claims that his campaign may have colluded with Russia.

‘The Democrats don’t care about Russia, they only care about their own political power. They went after my family, my business, my finances, my employees, almost everyone that I’ve ever known or worked with,’ he argued. ‘But they are really going after you. That’s what it’s all about. It’s not about us, it’s about you. They tried to erase your vote, erase your legacy of the greatest campaign and the greatest election probably in the history of our country.’

U.S. President Donald Trump and first lady Melania Trump arrive on stage to formally kick off his re-election bid with a campaign rally in Orlando. He kicked off first official 2020 rally by claiming 120,000 people submitted requests to attend

U.S. President Donald Trump and first lady Melania Trump arrive on stage to formally kick off his re-election bid with a campaign rally in Orlando. He kicked off first official 2020 rally by claiming 120,000 people submitted requests to attend
First lady Melania Trump speaks as Trump looks on. Trump's first official campaign rally of 2020 opened much the way his 2016 candidacy ended - with his audience chanting 'Lock her Up!' in a slam on former Democratic opponent Hillary Clinton

First lady Melania Trump speaks as Trump looks on. Trump’s first official campaign rally of 2020 opened much the way his 2016 candidacy ended – with his audience chanting ‘Lock her Up!’ in a slam on former Democratic opponent Hillary Clinton

Trump's campaign turned the area outside the arena that can seat 20,000 people into a festival-like atmosphere with music and food trucks to help supporters pass the time

Trump’s campaign turned the area outside the arena that can seat 20,000 people into a festival-like atmosphere with music and food trucks to help supporters pass the time

Michael Boulos, Tiffany Trump, Lara Trump, Eric Trump, Jared Kushner, Ivanka Trump, Kimberly Guilfoyle, and Donald Trump Jr. arrive at a rally for US President Donald Trump

FLOTUS Melania introduces her husband at Trump 2020 rally

The president said, ‘They wanted to deny you the future you demanded and the future that America deserved and that now America is getting. Our radical Democrat opponents are driven by hatred, prejudice and rage. They want to destroy you, and they want to destroy our country as we know it. Not acceptable, it’s not going to happen. Not gonna happen.’

Trump claimed that Democrats as a party would use the ‘power of the law to punish their opponents’ if they’re handed the reigns to the country.

‘Imagine if we had a Democrat president and a Democrat Congress in 2020. They would shut down your free speech, use the power of the law to punish their opponents – which they’re trying to do now anyway – they’ll always be trying to shield themselves,’ he claimed. ‘They will strip Americans of their Constitutional rights while flooding the country with illegal immigrants in the hopes it will expand their political base and they’ll get votes someplace down the future. That’s what it’s about.’

Broad attacks on the Democratic Party and ‘radical socialism’ were the most stringent assaults that Trump would levy all night.

He said, ‘More than 120 Democrats in Congress have also signed up to support “Crazy Bernie Sanders” socialist government takeover of health care.

‘He seems not to be doing too well lately,’ the president said as an aside. ‘They want to end Medicare as we know it and terminate the private health insurance of 180 million Americans who love their health insurance. America will never be a socialist country.’

It was his only mention at the rally of one of his most formidable opponents. Former Democratic President Joe Biden was also a footnote in the speech, earning two mentions, as a part of the ‘Obama-Biden’ duo that Trump said ruined American foreign policy and drove down the nation’s economy.

‘Remember the statement from the previous administration? Would need a magic wand to bring back manufacturing? Well, tell “Sleepy Joe” that we found the magic wand. That’s a sleepy guy,’ the president added.

Trump outlined his vision tweeting: ‘Don’t ever forget – this election is about YOU. It is about YOUR family, YOUR future, & the fate of YOUR COUNTRY. We begin our campaign with the best record, the best results, the best agenda, & the only positive VISION for our Country’s future! #Trump2020’

The Trumps said their family has been under attack since the family patriarch declared his candidacy for president in 2015. Jared Kushner, left, Ivanka Trump arrive for the official launch of the Trump 2020 campaign

The Trumps said their family has been under attack since the family patriarch declared his candidacy for president in 2015. Jared Kushner, left, Ivanka Trump arrive for the official launch of the Trump 2020 campaign

Donald Trump Jr. channeled his attacks to his father’s current opponents, mocking leading Democratic candidate Joe Biden before the rowdy crowd that waited in the heat and rain for hours, and days in some cases, to see the sitting president. Kimberly Guilfoyle, left, and Donald Trump Jr. pictured

Donald Trump Jr. channeled his attacks to his father’s current opponents, mocking leading Democratic candidate Joe Biden before the rowdy crowd that waited in the heat and rain for hours, and days in some cases, to see the sitting president. Kimberly Guilfoyle, left, and Donald Trump Jr. pictured

Senior adviser Jared Kushner, Ivanka Trump and Kimberly Guilfoyle, watch as President Donald Trump speaks at his re-election kickoff rally at the Amway Center

Senior adviser Jared Kushner, Ivanka Trump and Kimberly Guilfoyle, watch as President Donald Trump speaks at his re-election kickoff rally at the Amway Center

Trump rails against Democrats, Mueller and ‘fake news’ at 2020 rally
Trump’s first official campaign rally of 2020 opened much the way his 2016 candidacy ended – with his audience chanting ‘Lock her Up!’ in a slam on former Democratic opponent Clinton.

The president’s daughter-in-law, Lara Trump, invited the criticism first. She wound up an arena of supporters with a claim that the media was saying Clinton was going to be the 45th President of the United States days before the election. ‘They have always been wrong,’ she declared.

Attacks on the media as ‘fake news’ and ‘dishonest’ from Lara and her husband Eric, who spoke after her, had a crowd of more than 20,000 screaming ‘CNN Sucks!’ minutes later.

The Trumps said their family has been under attack from one group or another since the family patriarch declared his candidacy for president in 2015.

‘He loves this country and we, as a family, love this country. And guys we are going to fight like hell – our family is going to fight like hell for this country. We will never ever stop fighting, and we will never ever, ever stop winning,’ the president’s son said. ‘And guys, we love you very much. We’re all going to be spending a lot of time in Florida. We’re going to be spending a lot of time in Florida. So we’re going to see you.’

Donald Trump Jr. channeled his attacks to his father’s current opponents, mocking Biden before the rowdy crowd that waited in the heat and rain for hours, and days in some cases, to see the sitting president.

‘I don’t know about you, but I look around this room and when Joe Biden’s putting about seven people in an audience, I’m saying, “I think they may be a little wrong with the polling.” But what they hell do I know?’ he said.

National polls show Biden beating Trump in a general election. A Quinnipiac University survey that came out Tuesday found that the former vice president would beat Trump by nine points, 50 – 41, the newly-released poll showed.

Vermont Sen. Bernie Sanders would win by a similar margin, 48 – 42, while other top Democrats would perform in the poll’s margin of error.

Trump campaign manager Brad Parscale told DailyMail.com inside the rally that Quinnipiac is ‘c**p’ in response to the latest poll showing bad news in a critical swing state for the controversial president.

Trump had already warned the public that this official launch of 2020 campaign would be 'wild,' after supporters camped out in tents for more than 30 hours to save their places at the front of a massive line that would ensure them floor seats

US First Lady Melania Trump greets US Vice President Mike Pence. Trump set the tone for the monster rally in a morning tweet that bashed the media and compared the scene outside the Amway Center to a rock tour

US First Lady Melania Trump greets US Vice President Mike Pence. Trump set the tone for the monster rally in a morning tweet that bashed the media and compared the scene outside the Amway Center to a rock tour

Lara Trump takes to the stage before her father-in-law United States President Donald Trump arrives on stage to announce his candidacy for a second presidential term at the Amway Center

Lara Trump takes to the stage before her father-in-law United States President Donald Trump arrives on stage to announce his candidacy for a second presidential term at the Amway Center

Donald Trump Jr. throws hats to supporters at the rally. He mocked Joe Biden before the rowdy crowd that waited for hours

Donald Trump Jr. throws hats to supporters at the rally. He mocked Joe Biden before the rowdy crowd that waited for hours

Trump attacks Democrats at his Orlando rally
Don Jr. brushed off the threat from Biden, 76, as he campaigned for his father, 73, on Tuesday in Orlando. He called Biden and his competitors a ‘clown show’ and gave the Democrat a new nickname. ‘Sloppy Joe,’ he called him, as he hit Biden for flip-flopping.

‘He gets up on the stump. It’s so stupid,’ he said. ‘To his group of about four people in the audience, “Government has failed you.” Usually, as he’s groping someone. It ain’t pretty, but there’s something off with that guy.’

The president’s son said he agrees that government is broken and it’s a problem. ‘The problem is Joe, you’ve been in government for almost 50 years. If government failed you, maybe you’re the problem Joe Biden,’ he said. ‘It’s not rocket science.’

Trump warned the public that the campaign rally would be ‘wild,’ and Don Jr. helped him deliver on the pledge.

He mocked Biden’s pledge to cure cancer, asking, ‘Why the hell didn’t you do that over the last 50 years, Joe?’

Don Jr. blamed the media for giving Biden a pass. ‘Why did not one of them say, “Well, Joe, how exactly are you going to do that?” And why didn’t you do that in the last eight years as vice president and the prior 40 years in government and the Senate?’

His father later claimed that he’d cure cancer in remarks that followed. ‘We will push onward with new medical frontiers. We will come up with the cures to many, many problems, to many, many diseases, including cancer and others and we’re getting closer all the time,’ he said.

Attacks on Clinton and media were a common theme throughout the night, with Trump pausing and waiting for his supporters to cheer, ‘CNN SUCKS!’ and ‘Lock her Up!’ as he talked about the former secretary of state’s acid-washed emails and her loss to him in the last election.

‘It was all an illegal attempt to overturn the results of our election, spy on our campaign, which is what they did,’ he complained.

Trump meets fans after stepping off Air Force One upon arrival at Miami International Airport in Miami

Trump meets fans after stepping off Air Force One upon arrival at Miami International Airport in Miami

Vice President Mike Pence, escorted in by Karen Pence, speaks before Trump takes the stage on Tuesday evening

A man holds up a sign as the crowd waits for US President Donald Trump to arrive at a rally at the Amway Center in Orlando, Florida to officially launch his 2020 campaign

A man holds up a sign as the crowd waits for US President Donald Trump to arrive at a rally at the Amway Center in Orlando, Florida to officially launch his 2020 campaign

Melania's spokesperson Stephanie Grisham speaks with White House senior advisor Kellyanne Conway at the campaign rally

Melania’s spokesperson Stephanie Grisham speaks with White House senior advisor Kellyanne Conway at the campaign rally

President Trump said as he opened the event that he could feel the ‘magic’ in Orlando – a play on the name of the city’s professional basketball team.

He spoke to supporters in the same arena that the team plays in, which is a venue that can hold roughly 20,000 people.

‘You know, I said, “This is a very big arena for a Tuesday night.” I said, “You know, if we have about three or four empty seats, the fake news will say – headlines: he didn’t fill up the arena.” So I said maybe we shouldn’t take the chance, maybe we shouldn’t go to Orlando, maybe we should go someplace else,’ Trump said in his opening remarks. ‘I said, “No, I think we’ll go to Orlando.” And, not only did we fill it up, but we had 120,000 requests. That means you folks have come out very, very good.’

Supporters camped out in tents for more than 30 hours to save their places at the front of a massive line that would ensure them floor seats at Tuesday evening’s show.

Saundra Kiczenski, a Michigan native who works in retail, waited from 7am on Monday. She said she’d been to rallies in support of the president in 15 states. She spent Monday night on the pavement in a sleeping bag.

‘I took the hotel pillow and slept on the ground,’ she told DailyMail.com on Tuesday afternoon as she waited to get in.

The Republican incumbent set the tone for the monster rally in Florida he’d be appearing at in the evening in a morning tweet that bashed the media and compared the scene outside the Amway Center to a rock tour.

‘The Fake News doesn’t report it, but Republican enthusiasm is at an all time high. Look what is going on in Orlando, Florida, right now! People have never seen anything like it (unless you play a guitar). Going to be wild – See you later!’ he tweeted on Tuesday morning.

A cover band with aging rockers who call themselves ‘The Guzzlers’ revved up the crowd under a beating sun at a ‘festival’ the campaign held in an outdoor parking lot, where vendors sold a captive and cramped group sodas, snow cones and Trump umbrellas.

Sweltering heat that topped 87 degrees soon turned to pouring rain, giving the umbrellas a dual purpose for supporters like Richard Snowden who chose to remain.

A resident of Las Vegas, Nevada, Snowden said he’d be ‘remiss’ to have skipped the kickoff. He told DailyMail.com from the comfort of a party-style tent his group had pitched that he’d attended 54 rallies since Trump announced his candidacy for office in 2015.

But even Snowden called himself a pragmatist and said of the president’s reelection odds, ‘I don’t think it’s going to be a cakewalk.’

‘The incumbency will help. He won’t catch them flat-footed this time,’ he observed, as he waited for the rally to begin. ‘And he won’t have the dislike of Hillary working in his favor,’ he said in remarks that proved to prescient.

The Republican incumbent set the tone for the monster rally in Florida he'd be appearing at in the evening in a morning tweet that bashed the media and compared the scene outside the Amway Center to a rock tour

 

The US President and First Lady Melania Trump are pictured stepping off Air Force One upon arrival at Orlando International Airport in Orlando, Florida Tuesday

The US President and First Lady Melania Trump are pictured stepping off Air Force One upon arrival at Orlando International Airport in Orlando, Florida Tuesday

Special advisor to the US president Jared Kushner and White House Press Secretary Sarah Huckabee Sanders wait for the arrival of US President Donald Trump and First Lady Melania Trump at Orlando International Airport

Michael Boulos and Tiffany Trump wait for the arrival of US President Donald Trump and First Lady Melania Trump at Orlando International Airport in Orlando

Special advisor to the US president Jared Kushner and White House Press Secretary Sarah Huckabee Sanders, left, and Michael Boulos and Tiffany Trump, right, wait for the arrival of US President Donald Trump and First Lady Melania Trump at Orlando International Airport on Tuesday

Donald Trump is putting an advisory on his Orlando rally, saying the official launch of 2020 campaign will be 'wild,' after supporters camped out in tents to save their places in line like they were waiting in line for a free concert with Rihanna

Donald Trump is putting an advisory on his Orlando rally, saying the official launch of 2020 campaign will be ‘wild,’ after supporters camped out in tents to save their places in line like they were waiting in line for a free concert with Rihanna

Supporters of President Donald Trump wait in line hours before the arena doors open for a campaign rally Tuesday

Supporters of President Donald Trump wait in line hours before the arena doors open for a campaign rally Tuesday

Patriotic colors: Trump supporters came in red white and blue for the campaign kick-off

Patriotic colors: Trump supporters came in red white and blue for the campaign kick-off

Determined: The early start was an attempt by the fanatical Trump backers to be at the front of the crowd for the campaign kick-off

Determined: The early start was an attempt by the fanatical Trump backers to be at the front of the crowd for the campaign kick-off

https://www.dailymail.co.uk/news/article-7156179/Trumps-2020-kickoff-features-media-bashing-attacks-Joe-Biden-old-foe-Hillary-Clinton.html

 

Trump, in 2020 campaign mode, calls Democrats ‘radical’

today

President Donald Trump jabbed at the press and poked the political establishment he ran against in 2016 as he kicked off his reelection campaign with a grievance-filled rally focused more on settling scores than laying out his agenda for a possible second term.

Addressing a crowd of thousands at Orlando’s Amway Center on Tuesday night, Trump complained he was “under assault from the very first day” of his presidency by a “fake news media” and an “illegal witch hunt” that had tried to keep him and his supporters down.

He painted a disturbing picture of what life would look like if he loses in 2020, accusing his critics of “un-American conduct” and saying Democrats “want to destroy you and they want to destroy our country as we know it.”

“A vote for any Democrat in 2020 is a vote for the rise of radical socialism and the destruction of the American dream,” he said. Trump made only passing mention of any of the Democrats running to replace him even as he tossed out “radical” and “unhinged” to describe the rival party.

Trump has long railed against the special counsel’s investigation into Russian meddling in the 2016 election and the ongoing probes by House Democrats in the aftermath of Robert Mueller’s report .

President Donald Trump officially kicked off his re-election campaign Tuesday with a grievance-filled Florida rally. "We're going to keep it better than ever before," he declared. (June 18)

The apocalyptic language and finger-pointing made clear that Trump’s 2020 campaign will probably look a whole lot like his run three years ago. Even after two-and-a-half years in the Oval Office, Trump remains focused on energizing his base and offering himself as a political outsider running against Washington.

Republican Party Chairwoman Ronna McDaniel tweeted Wednesday morning that Trump had raised $24.8 million in less than 24 hours for his reelection.

In his speech, Trump spent considerably more time focused on former Democratic rival Hillary Clinton than on his current 2020 challengers, even though she is not on the ballot.

Thousands of Trump supporters began gathering outside the arena on Monday.

“Trump has been the best president we’ve ever had,” said Ron Freitas, a retired Merchant Marine and registered Democrat from Orlando.

Hundreds of anti-Trump protesters clapped and took photos when a 20-foot (6-meter) blimp of a snarling Trump baby in a diaper was inflated. Some members of the far-right hate group Proud Boys were also spotted marching outside the rally.

Trump aides scheduled the kickoff near the four-year anniversary of the day when the former reality television star and New York tabloid fixture launched his longshot campaign for president with a famous escalator ride in front of a crowd that included paid actors.

Trump spoke fondly of his 2016 race, calling it “a defining moment in American history.” He said that in the years since, he had upended Washington, staring down “a corrupt and broken political establishment” and restoring a government “of, for and by the people.”

He never has really stopped running. He filed for reelection on Jan. 20, 2017, the day of his inauguration, and held his first 2020 rally in February, 2017, in nearby Melbourne. He has continued holding his signature “Make America Great Again” rallies in the months since.

Trump asked the crowd whether he should stick with “Make America Great Again” or upgrade his slogan. His new one — “Keep America Great” — was greeted with boisterous cheers.

Trump is hoping to replicate the dynamics that allowed him to take charge of the Republican Party and then the presidency as an insurgent intent on disrupting the status quo. In 2016, he successfully appealed to disaffected voters who felt left behind by economic dislocation and demographic shifts. He has no intention of abandoning that mantle, even if he is the face of the institutions he looks to disrupt.

The president underscored that on the eve of the rally in must-win Florida, returning to the hardline immigration themes of his first campaign by tweeting that next week, Immigration and Customs Enforcement “will begin the process of removing the millions of illegal aliens who have illicitly found their way into the United States.”

That promise, which came with no details and sparked Democratic condemnation, seemed to offer a peek into a campaign that will largely be fought along the same lines as his first bid, with very few new policy proposals for a second term.

Early Democratic front-runner Joe Biden said Trump’s politics are “all about dividing us” in ways that are “dangerous — truly, truly dangerous.”

Another leading Democratic contender, Vermont Sen. Bernie Sanders, said Trump had delivered “an hour-and-a-half speech of lies, distortions and total, absolute nonsense.”

But those involved in the president’s reelection effort believe his version of populism, combined with his mantra to “Drain the Swamp,” still resonates, despite his administration’s ties with lobbyists and corporations and the Trump family’s apparent efforts to profit off the presidency.Critics have pointed out his constant promotion for his golf courses, both at home and abroad, and note that this daughter, White House senior aide Ivanka Trump, made $4 million last year from her stake in the president’s Washington hotel, which has become a favored destination for foreign nationals looking to curry favor with the administration.

Advisers believe that, in an age of extreme polarization, many Trump backers view their support for the president as part of their identity, one not easily shaken. They point to his seemingly unmovable support with his base supporters as evidence that he is still viewed the same way he was as a candidate: a political rebel.

Trump tried to make the case that he had made good on his 2016 promises, including cracking down on illegal immigration and boosting jobs.

Near the rally’s end, Trump ran through a list of promises for a second term, pledging a new immigration system, new trade deals, a health care overhaul and a cure for cancer and “many diseases,” including eradicating AIDS in America.

https://apnews.com/947182a691e6498ca4488e9fc8f9e4b5

President Trump spent a Tuesday night rally he’d advertised as a 2020 kickoff hammering his old foe Hillary Clinton for acid washing her emails and failing to deliver on her pledge to beat him, while Democrats vying for the party’s nomination now escaped his wrath.

Noting that he’s under constant media scrutiny, Trump said that he’d be sent to the slammer if he ordered aides to destroy potential evidence.

‘But, can you imagine if I got a subpoena, think of this, if I got a subpoena for emails, if I deleted one email like a love note to Melania, it’s the electric chair for Trump,’ he claimed in a campaign speech in Orlando.

Trump said subpoenas he’s receiving are not about Democratic claims that his campaign may have colluded with Russia.

 

A sunshine state of mind! Melania and Donald Trump gaze lovingly at one another as they leave the White House hand-in-hand and head to Florida for the president’s 2020 rally

  • Trump, 73, and Melania, 49, departed the White House together on Tuesday to fly to Florida
  • The President will be officially launching his 2020 campaign with a rally at the Amway Center
  • The first lady wore a summery $2,290 white eyelet Andrew Gin dress with a pair of red and white polka-dot heels
  • She grinned at her husband as they walked hand-in-hand to Marine One
  • Melania is not expected to speak at the event, which will include an estimated 20,000 people

Donald and Melania Trump had a rare romantic public moment on Tuesday as the two left the White House for Orlando, Florida.

The President and first lady walked hand-in-hand across the South Lawn of the White House before boarding Marine One on their way to Trump’s 2020 campaign kickoff rally.

Cameras caught the couple sharing a warm smile as they held onto each other, Trump, 73, dressed in a navy suit and red tie and his 49-year-old wife took advantage of the June heat in a $2,290 summery white eyelet dress from Andrew Gin, and red polka-dot heels.

All smiles: Donald and Melania Trump held hands and beamed at one another as they walked across the White House lawn to begin their trip to Orlando, Florida, on Tuesday

All smiles: Donald and Melania Trump held hands and beamed at one another as they walked across the White House lawn to begin their trip to Orlando, Florida, on Tuesday

Ready to get away! The 49-year-old first lady couldn't wipe the smile off her face as she and the president strolled across the South Lawn

Ready to get away! The 49-year-old first lady couldn’t wipe the smile off her face as she and the president strolled across the South Lawn

On their way: They appeared to be in good spirits as they set out for Orlando, Florida+19

On their way: They appeared to be in good spirits as they set out for Orlando, Florida

Hands on: At one point, Trump clasped one of Melania's hands in both of his own+19

Hands on: At one point, Trump clasped one of Melania’s hands in both of his own

The couple isn’t typically much for PDA but shared an intimate smile as they walked passed photographers.

They held each other’s hands, with Trump stopping at one point in order to clasp Melania’s left hand in both of his own.

Melania beat the heat, which is hovering in the mid-to-high 80s in Washington, D.C. today, in a breezy but figure-flaunting white sleeveless dress, which featured a seasonally appropriate eyelet patter with floral cutouts on the top.

She accessorized with a pair of dark sunglasses and red and white pointy-toe pumps. while wearing her brown hair blown out around her shoulders.

The couple, who married in 2005, celebrated their 14th wedding anniversary in January, just one year less than he was married to his first wife Ivana.

The couple grinned as they boarded Marine One and then switched planes for Air Force One at Andrews Air Force Base in Maryland.

Hot out here: Melania wore a summery white eyelet dress for the occasion, as temperatures soared into the high 80s+19

Hot out here: Melania wore a summery white eyelet dress for the occasion, as temperatures soared into the high 80s

Protection: She shielded her eyes behind a pair of sunglasses+19

Protection: She shielded her eyes behind a pair of sunglasses

High heels: On her feet were a pair of red polka dot pointy-toe pumps+19

High heels: On her feet were a pair of red polka dot pointy-toe pumps

Ready to go: The well-coiffed first lady had her hair and nails done+19

Ready to go: The well-coiffed first lady had her hair and nails done

They’re flying down not to Mar-a-Lago but Orlando, where Trump is kicking off his 2020 presidential campaign at the Amway Center in front of an estimated 20,000 people.

Trump’s campaign is transforming the area outside the arena to have a festival-like atmosphere, with music and food trucks to help supporters pass the time.

The most coveted positions are not seats at all, but standing positions near the front of the stage. Backers of the president in that area are likely to get a handshake, a selfie or Trump’s autograph at the event that formally marks the beginning of his campaign for a second term.

All of Trump’s children and his wife Melania will be with him at the event, sources told DailyMail.com, as will the Mike Pence, the president’s running mate and the nation’s vice president.

The first lady does not plan to make formal remarks on Tuesday night, her office said, but given the president’s tendency to call on people to speak, she could end up addressing the crowd.

Donald Trump, Jr., on the other hand is expected to give remarks before the rally.

Beat the heat: Melania kept breezy in the lightweight dress+19

It will likely also serve her well in the Florida heat+19

Beat the heat: Melania kept breezy in the lightweight dress, which will likely also serve her well in the Florida heat

Staying behind: The first lady does not plan to make formal remarks on Tuesday night, her office said+19

Staying behind: The first lady does not plan to make formal remarks on Tuesday night, her office said

Change of plan? The couple's 13-year-old son Barron is also expected to be at the rally, but was not seen traveling with them+19

Change of plan? The couple’s 13-year-old son Barron is also expected to be at the rally, but was not seen traveling with them

Family affair: Trump's adult children — Ivanka, Don Jr., Eric, and Tiffany — are also expected to be there+19

Family affair: Trump’s adult children — Ivanka, Don Jr., Eric, and Tiffany — are also expected to be there

Melania continued to smile at her husband as they switched planes at Joint Base Andrews+19

Melania continued to smile at her husband as they switched planes at Joint Base Andrews

See ya! Trump waved goodbye as they boarded the plane together+19

See ya! Trump waved goodbye as they boarded the plane together

The president’s eldest son is a frequent presence at campaign events — with and without his father — and often serves as a warm-up act for the president’s supporters. He’s also campaigned and raised money for other Republican candidates since his father entered politics.

His girlfriend Kimberly Guilfoyle, a former Fox News personality, is also scheduled to be at the rally. She serves as a senior adviser to the president’s reelection campaign.

Senior advisers and family members to the president Jared Kushner and Ivanka Trump are also expected to be at the rally.

It’s unclear if Lara Trump, wife of Eric Trump, will be in Orlando. She serves as a senior adviser to the president’s campaign, but is also pregnant with the couple’s second child. She made a state trip to the UK in early June.

It will be 13-year-old Barron Trump’s first appearance at a campaign rally since his father took office.

Trump’s youngest daughter Tiffany, who has been less involved than her older siblings in her father’s campaigns and administration, will also be there.

Orlando Trump supporters stakeout spots ahead of rally

Waiting for him: The rally will mark the official launch of 2020 campaign+19

Waiting for him: The rally will mark the official launch of 2020 campaign

Patience: Supporters waited in line hours before the arena doors opened on Tuesday+19

Patience: Supporters waited in line hours before the arena doors opened on Tuesday

Patriotic colors: Trump supporters came in red white and blue for the campaign kick-off

Wild: The Republican incumbent set the tone in a morning tweet that bashed the media and compared the scene outside the Amway Center to a rock tour

President Trump release his 2020 campaign ad for re-election

The Republican incumbent set the tone for the monster rally in Florida he’d be appearing at this evening in a morning tweet that bashed the media and compared the scene outside the Amway Center to a rock tour.

‘The Fake News doesn’t report it, but Republican enthusiasm is at an all time high. Look what is going on in Orlando, Florida, right now! People have never seen anything like it (unless you play a guitar). Going to be wild – See you later!’ he said.

Trump had apparently dropped a claim that ‘thousands’ turned up on Monday, with about 250 people camping overnight. But the numbers grew steadily as temperatures soared in Orlando Tuesday, reaching 87 degrees before an hour-long downpour that soaked a waiting crowd.

A new Quinnipiac poll showed Trump losing Florida to Democratic nemesis Joe Biden. The former vice president would beat Trump by nine points, 50 – 41 per cent, the newly-released survey showed.

Vermont Sen. Bernie Sanders would win by a similar margin, 48 – 42, while other top Democrats would perform in the poll’s margin of error

https://www.dailymail.co.uk/femail/article-7155853/Melania-Trump-smiles-warmly-husband-depart-Orlando-campaign-kickoff-rally.html

 

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The Pronk Pops Show 1246, April 29, 2019, Story 1: Make America Healthy Again — Only You Can Prevent Obesity, Poverty and Ignorance — Killing Me Softly with His Song — Videos — Story 2: Consumer Spending Surging — U.S. Stock Market Hits New Record Highs — Videos — Story 3: U.S Recession or Boom in 2020? Flip A Coin — Videos — Story 4: Wait Until 2021 At Earliest For Any Trade Agreement To Be Passed By House of Representatives — Videos

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