Donald Trump takes aim at Dodd-Frank financial overhaul
The Latest on President Donald Trump (all times local): 1:28 p.m. President Donald Trump has signed an executive order that will direct the Treasury secretary to review the 2010 Dodd-Frank financial overhaul. It’s Trump’s first step at scaling back regulations on financial services. Trump has called the law a “disaster” and said it failed to address some of the causes of the 2008-2009 financial crisis. The president has also signed a presidential memorandum related to retirement planning. The administration’s move will delay implementing an Obama-era rule that requires financial professionals who charge commissions to put their clients’ best interests first when giving advice on retirement investments. ___ 1 p.m. The Trump administration says it has thawed its temporary freeze on contract and grant approvals at the Environmental Protection Agency, with all $3.9 billion in planned spending moving forward. A media blackout at the agency also appears to have been partially lifted, as a trickle of press releases were issued by EPA this week. However, the agency still has not posted to its official Twitter feed since President Donald Trump’s Jan. 20 inauguration. The Associated Press and other media outlets reported last week that Trump political appointees had instructed EPA staff not to issue press releases or make posts to the agency’s official social media accounts without prior approval. Contract and grant spending at the agency was also put on hold, prompting confusion and concern among state agencies expecting funding. ___ 12:05 p.m. Foreign leaders and groups are finding new ways to make known their disagreement with President Donald Trump’s policies. An international school in Bosnia announced Friday it would extend scholarships to students affected by Trump’s travel ban on citizens from seven Muslim-majority countries. The United World College’s branch in Mostar said it was motivated by its belief in equal opportunities. In Portugal, the parliament there voted to condemn the U.S. travel ban and highlighted the role of the U.S. to promote tolerance and human rights. In Sweden, Deputy Prime Minister Isabella Lovin posted on Facebook a photo of her signing the country’s new climate law while surrounded by seven female members of her staff. Swedish media say it resembles photos of Trump in the Oval office surrounded by male advisers. ___ 10:25 a.m. President Donald Trump is applauding the January jobs report, saying it shows there’s a “great spirit in the country right now.” Trump addressed last month’s job report, which showed the U.S. economy adding 227,000 jobs and the unemployment rate at 4.8 percent. The report also says that more Americans started looking for work, although not all of them found jobs immediately. Trump is joining business leaders and CEOs in the White House and also previewing some of his economic priorities. He says he expects “to be cutting a lot out of Dodd-Frank,” the financial regulations put in place in response to the Great Recession. The president says they’ll be discussing how to bring back jobs, lower taxes and reduce regulations. ___ 8:15 a.m. President Donald Trump says that a “new radical Islamic terrorist” is behind an attack outside the Louvre Museum in Paris. Trump tweeted early Friday that America needs to “get smart,” in light of the incident. He writes, “a new radical Islamic terrorist has just attacked in Louvre Museum in Paris. Tourists were locked down. France on edge again.” A knife-wielding man shouting “Allahu akbar” — “God is Great,” in Arabic — attacked French soldiers on patrol near the museum Friday in what officials described as a suspected terror attack. The soldiers first tried to fight off the attacker and then opened fire, shooting him five times. There were no immediate details about the identity of the suspect. ___ 7:40 a.m. President Donald Trump says reports of his contentious conversation with Australia’s prime minister are “fake news.” In a tweet Friday morning, Trump thanked Prime Minister Malcolm Turnbull “for telling the truth about our very civil conversation that FAKE NEWS media lied about. Very nice!” Turnbull told journalists that Trump had agreed to honor a deal to resettle refugees from among around 1,600 asylum seekers. Most are in island camps on the Pacific nations of Nauru and Papua New Guinea. Turnbull also said the U.S.-Australia relationship is strong. Australia has refused to accept them and instead pays for them to be housed on the impoverished islands. Trump earlier took to Twitter to call the agreement with Australia a “dumb deal.” ___ 7:04 a.m. President Donald Trump says movie star Arnold Schwarzenegger “tried hard” to make “Celebrity Apprentice” a success, but has failed. In an early morning Twitter post Friday, the president kept alive a theme he brought up a day earlier during his first appearance at the National Prayer Breakfast. Trump, who once hosted the NBC reality TV show, took a pot shot there at Schwarzenegger, the current host and former California governor, over a ratings nosedive for the show. On Friday, Trump said in his tweet, “Yes, Arnold Schwarzenegger did a really bad job as Governor of California and even worse on the Apprentice … but at least he tried hard!” Schwarzenegger responded quickly to Thursday’s remarks in a video on his verified Twitter account, suggesting that he and Trump switch jobs. Republished with permission of The Associated Press.
Promises, pomp and protests as Donald Trump sworn in
Pledging to empower America’s “forgotten men and women,” Donald Trump was sworn in as the 45th president of the United States Friday, taking command of a deeply divided nation and ushering in an unpredictable era in Washington. His victory gives Republicans control of the White House for the first time in eight years. Looking out over the crowd sprawled across the National Mall, Trump painted a bleak picture of the nation he now leads, lamenting “American carnage,” shuttered factories and depleted U.S. leadership. President Barack Obama, the man he replaced, sat behind him stoically. Trump’s address lasted just 16 minutes. While his inauguration did draw crowds to the nation’s capital, the numbers appeared smaller than for past celebrations. Demonstrations unfolded at various security checkpoints near the Capitol as police helped ticket-holders get through. After the swearing-in, more protesters registered their rage in the streets of Washington. Police in riot gear deployed pepper spray and made numerous arrests after protesters smashed the windows of downtown businesses, denouncing capitalism and Trump. The new president’s first words as commander in chief were an unapologetic reprisal of the economic populism and nationalism that fueled his improbable campaign. He vowed to stir “new national pride,” bring jobs back to the United States, and “eradicate completely” Islamic terrorism. “From this day forward, a new vision will govern our land. From this day forward, it’s going to be only, ‘America First,’” Trump said. His address lasted just 16 minutes. While Trump’s inauguration did draw crowds to the nation’s capital, the numbers appeared smaller than for past celebrations. In a remarkable scene, Trump ripped into Washington’s longtime leaders as he stood among them at the U.S. Capitol. For too long, he said, “a small group in our nation’s capital has reaped the rewards of government while the people have borne the cost.” For Republicans eager to be back in the White House, there was little mention of the party’s bedrock principles: small government, social conservativism and robust American leadership around the world. Trump, who is taking office as one of the most unpopular incoming presidents in modern history, made only oblique references to those who may be infuriated and fearful of his presidency. “To all Americans in every city near and far, small and large from mountain to mountain, from ocean to ocean, hear these words: You will never be ignored again,” he said. The new president was sworn in by Chief Justice John Roberts, reciting the 35-word oath with his hand placed upon two Bibles, one used by his family and another during President Abraham Lincoln’s inauguration. Trump and wife, Melania, bid Obama and outgoing first lady Michelle Obama farewell as they departed the Capitol grounds in a government helicopter. Trump and Obama’s political paths have been linked in remarkable ways. Before running for the White House, the billionaire businessman led efforts to promote falsehoods about the 44th president’s citizenship and claim on the office. Obama addressed a staff gathering at Joint Base Andrews before departing for a vacation in California. “You proved the power of hope,” he said. Trump’s journey to the inauguration was as unlikely as any in recent American history. He defied his party’s establishment, befuddled the media and toppled two political dynasties on his way to victory. His message, calling for a resurgence of white, working-class corners of America, was packaged in defiant stump speeches railing against political correctness. He used social media to dominate the national conversation and challenge conventions about political discourse. After years of Democratic control of the White House and deadlock in Washington, his was a blast of fresh air for millions. But Trump’s call for restrictive immigration measures and his caustic campaign rhetoric about women and minorities angered millions. And Trump’s swearing-in was shadowed by questions about his ties to Russia, which U.S. intelligence agencies have determined worked to tip the 2016 election in his favor. More than 60 House Democrats refused to attend his swearing in ceremony in the shadow of the Capitol dome. One Democrat who did sit among the dignitaries was Hillary Clinton, Trump’s vanquished campaign rival who was widely expected by both parties to be the one taking the oath of office. At a post-ceremony luncheon at the Capitol, Trump asked the Republicans and Democrats present to recognize her, and those in the room rose and applauded. At 70, Trump is the oldest person to be sworn in as president, marking a generational step backward after two terms for Obama, one of the youngest presidents to serve as commander in chief. Trump takes charge of an economy that has recovered from the Great Recession but has nonetheless left millions of Americans feeling left behind. The nation’s longest war is still being waged in Afghanistan and U.S. troops are battling the Islamic State in Iraq and Syria. The American health care system was expanded to reach millions more Americans during Obama’s tenure, but at considerable financial costs. Trump has vowed to dismantle and rebuild it. Trump faces challenges as the first president to take office without ever having held a political position or served in the military. He has stacked his Cabinet with established Washington figures and wealthy business leaders. Though his team’s conservative bent has been cheered by many Republicans, the overwhelmingly white and male Cabinet has been criticized for a lack of diversity. Before attending an inaugural luncheon, Trump signed his first series of orders, including the official nominations for his Cabinet. He joked with lawmakers, including House Democratic leader Nancy Pelosi, and handed out presidential pens. In a show of solidarity, all of the living American presidents attended Trump’s inaugural, except for 92-year-old George H.W. Bush, who was hospitalized this week with pneumonia. His wife, Barbara, was also admitted to the hospital after falling ill. Republished with permission of The Associated Press.
First day goal? Make White House feel like home for Donald Trump
It’s supposed to feel just like home when Donald Trump steps inside the White House residence for the first time as president on Inauguration Day. His clothes will be hanging in the closet. The kitchen will be stocked with his favorite foods. Windows will have been washed, carpets vacuumed or replaced, and fresh linens and towels will be in all the bedrooms and baths. No packed or half-empty boxes will be lying around either, unlike a typical home move. Trump and his wife, Melania, can thank the nearly 100 butlers, maids, plumbers, electricians and other staffers who maintain the private living areas of the White House. The crew will have just the hours between Trump’s swearing-in and the end of the inaugural parade to remove all traces of President Barack Obama and his family and make the Trumps feel at home. “I’ve called it, for years, organized chaos,” says Gary Walters, a former White House chief usher who oversaw the move in-move out process for four presidents. The “chaos” breaks out moments after the outgoing president and the president-elect depart the White House for the oath-taking ceremony at the Capitol. However, the process itself starts after the November election when the White House chief usher reaches out to the incoming president’s team to begin coordinating the new First Family’s big move. Melania Trump toured the living quarters in November when she accompanied her husband to the White House for his postelection meeting with Obama. Trump, the businessman and reality TV star, now lives primarily at his three-story penthouse at Trump Tower on New York’s Fifth Avenue, and may continue to spend considerable time there because his wife and their 10-year-old son, Barron, plan to remain in New York until the school year ends. The Obamas started packing up their belongings weeks ago. Crates and boxes lined hallways and filled the East Room last week. Mrs. Obama isn’t doing a lot of packing herself, but she recently said in an interview with Oprah Winfrey that “I’m doing a lot of pointing” to indicate what needs to be boxed up. Obama told CBS’ “60 Minutes” that he’s taking books, clothes, mementos and furniture bought since he became president. He and the first lady didn’t bring many large items with them because they left their home in Chicago intact. They also won’t be going far when they leave the White House. After vacation in Palm Springs, California, the Obamas will settle into a rented mansion in Washington’s upscale Kalorama neighborhood. In a break with tradition, they plan to stay in the capital for a few years so their 15-year-old daughter, Sasha, can graduate from her private high school. One of their new neighbors will be Trump’s eldest daughter, Ivanka Trump, and her husband, Jared, who will become a senior adviser to his father-in-law. The couple plan to move into a mansion in the same neighborhood with their three young children. As the transition of power takes place at the Capitol on Friday, the White House residence staff oversees the transition from one family to another in a manner befitting an HGTV special. Moving trucks for each family are positioned nearby and are directed through tight security to the White House when they get the all-clear. Residence staff members are broken up into groups and given specific assignments. Some will pack the Obama family’s remaining items, and another group will carry them out to the truck. Other staffers will bring the Trumps’ things into the White House while still others unpack and put them in their designated places. All the while, “you’re changing sheets and you’re changing towels and the housekeepers are working feverishly,” said Anita McBride, who was chief of staff to first lady Laura Bush. But, adds Walters, “the end product is that when the new president and first lady come through the North Portico door after the parade that they walk into their home. Everything is in place.” For Trump, a real estate mogul whose brand is flashy luxury, the move may mean bringing some of his flamboyant style to the White House. Trump’s penthouse in Manhattan and his hotels are known for their marble columns, crystal chandeliers and gold. Earlier, before welcoming the president-elect for a pre-inaugural reception, the outgoing president, the chief usher and the residence staff traditionally meet for what often is an emotional goodbye. Over the years, the staff often becomes attached and protective of the president and his family, particularly those who serve two terms. In Obama’s case, many of those assigned to the residence are people of color and have been especially proud to serve America’s first black president and his family. Trump is expected to follow tradition and stay at Blair House, the government guest house across from the White House, before the inauguration. But how might he spend his first night at the White House? Trump is thinking about sleeping in the famed Lincoln Bedroom. He said so during a recent lunch with historian Douglas Brinkley and other guests at Trump’s South Florida club. A guest at the lunch recalled the conversation and Brinkley confirmed its accuracy. Republished with permission of The Associated Press.
Lady Gaga hits stage for invite-only show for DNC delegates
Lady Gaga hit the stage at an invitation-only concert Thursday for delegates to the Democratic National Convention, covering classic songs from Woody Guthrie, Neil Young, the Beatles and others. Gaga opened with a jazzy version of Guthrie’s “This Land is Your Land” and then Young’s “Old Man.” She was introduced by Democratic U.S. Sen. Cory Booker, who called her a star who’s not afraid to speak out about sexual violence and mental health. She closed out her set with the Beatles’ “Come Together” and then sang Edith Piaf‘s “La Vie en Rose” as an encore. Lenny Kravitz, who also performed inside the convention on Wednesday night, ended his set Thursday by shouting, “We, the people! We, the people! We, the people!” DJ Jazzy Jeff spun tunes in between their sets. The show gives Camden, one of the country’s most impoverished cities, time in the Democratic convention spotlight. George Norcross and Susan McCue, president of General Majority PAC and a former chief of staff to U.S. Senate Majority Leader Harry Reid, hosted the “Camden Rising” event, held hours before Hillary Clinton formally accepts the Democratic Party’s nomination for president. Norcross is credited with working with Republican Gov. Chris Christie to help in redevelopment efforts in Camden, many partially funded through state grants and tax credits. The insurance executive is a Democratic superdelegate along with his brother, U.S. Rep. Donald Norcross. Both are supporting Clinton. Clinton delegate Suzanne Perkins, 47, of Ann Arbor, Michigan, said she thinks celebrities can help influence delegates and voters. After Kravitz’s set, she said Bernie Sanders supporters in her delegation who like his music and politics heard his support for Clinton and might think, “Maybe I ought to open my mind. Here’s a guy whose politics I agree with and he endorsed her.” Republished with permission of the Associated Press.
Bradley Cooper’s DNC appearance irks conservatives
Bradley Cooper‘s appearance at the Democratic National Convention has irked some conservative fans of the actor’s portrayal of Navy SEAL Chris Kyle in 2014’s “American Sniper.” Cooper was spotted by TV cameras Wednesday night seated at the meeting in Philadelphia alongside his Russian model girlfriend, Irina Shayk. Some Twitter users say they plan to boycott Cooper’s future films over his presence at the convention. Another commented that they thought his experience playing Kyle would have rubbed off on him. The complaints have been mocked by others who say Cooper was simply acting a role when playing Kyle and conservatives shouldn’t be surprised. Cooper earned an Oscar nomination for “American Sniper,” which became a blockbuster thanks in part to an enthusiastic reception among conservatives moviegoers. Cooper was born and raised in Philadelphia. Republished with permission of the Associated Press.
From ‘likable enough’ to lovefest, Barack Obama to hail Hillary Clinton
It was long ago and far away when Barack Obama snippily remarked, “You’re likable enough, Hillary.” It’s a lovefest now. Hillary Clinton formally captured the Democratic nomination and declared the glass ceiling keeping women from the presidency cracked and nearly shattered. Her husband, ex-President Bill Clinton closed the historic night with an expansive and passionate testimonial, offering a deeply personal — though sanitized — account of their relationship. It was a policy-driven ode to the “best darn change-maker I have ever met.” Tonight, the current president is joining her party — for it is her party now — in making the case to the nation for electing the former first lady, senator and secretary of state as the first woman to occupy the Oval Office. The Democrats’ standard-bearer at long last, Hillary Clinton was affirmed as the party’s nominee Tuesday night at a convention that appeared to be finding its stride after a disruptive opening at the hands of distraught Bernie Sanders supporters. The ritualistic roll call of the states that sealed her nomination proceeded without trouble inside the hall and Sanders himself stepped up in the name of unity to ask that her nomination be approved by acclamation. The unhappiest among his followers filed out, occupied a media tent and staged a sit-in, some with tape on their mouths to signify their silencing by the party. “This was a four-day Hillary party, and we weren’t welcome,” said Liz Maratea, 31, of New Jersey. “We were treated like lepers.” Clinton’s landmark achievement saturated the roll call with emotion and symbols of women’s long struggle to break through political barriers. Holding a sign saying “Centenarian for Hillary,” 102-year-old Jerry Emmett of Prescott, Arizona, cast her state delegation’s vote. She was born before women won the right to vote in 1920, and remembered her mother casting a ballot for the first time. Bear Atwood, 56, a Terry, Mississippi, civil rights attorney and at-large delegate, was moved to tears when Clinton became the nominee. “I’ve been working in women’s rights for my whole adult life,” she said. “This is the culmination of a career and a personal life.” Said Clinton, in a surprise appearance on video at night’s end: “We just put the biggest crack in that glass ceiling yet.” The crowd roared. Eight years after the bitter primary battle that Obama won, the president and his ex-rival are engaged in a baton-passing partnership: Clinton presenting herself as the protector of his legacy; Obama seeing the election in November as an affirmation of his course as president, if she wins. As polished an orator as he is, he’s got a tough act to follow, after a memorable speech from his wife, Michelle. Her passionate pitch for Clinton on opening night won praise even from Donald Trump, who turned the other cheek for once and ignored her digs. “Excellent,” he said of her delivery. “I thought she did a very good job.” Although the convention made clear progress in sublimating its divisions, Clinton remains a divisive and largely unpopular figure for the country, as is Trump. Polling has consistently found a lack of trust in Clinton, exacerbated by remaining questions about her emails as secretary of state and no doubt by the years of intrigue surrounding the ex-president and herself. The convention’s second night was devoted to reintroducing Clinton to voters, as speakers highlighted issues she has championed for years, like health care and advocacy for children and families. The portrait was missing some strokes. “Hunger Games” actress Elizabeth Banks and other speakers praised Clinton for focusing her early law career on children’s causes; left unsaid was that she also joined the Rose law firm in Arkansas, which worked for Tyson Foods, Wal-Mart and several brokerage houses and had a part in the Whitewater real-estate scandal that dogged the Clintons for years. Bill Clinton traced the couple’s love story chapter and verse, starting from their meeting in a library and proceeding through his head-strong courtship and on through the years. Unsavory episodes, like his numerous dalliances with women in Arkansas and the nearly career-ending liaison with White House intern Monica Lewinsky, were omitted. “Hillary will make us stronger together,” he said, pushing back on the Republicans’ “cartoon” version of his wife. In a subtle dig at Trump, he said the U.S., with his wife as president, would be welcoming to Muslims who love America. And, touching on the shootings of black men by police and by the killings of police officers, he envisioned a future “where nobody’s afraid to walk outside.” Sanders, the liberal scold of the Democratic Party and a fierce competitor of Clinton in primary contests that she had been expected to breeze through early on, came to the convention as a would-be peacemaker. But he had his hands full trying to get his supporters to swing behind Clinton or even tolerate the idea of her presidential candidacy. The morning after his rousing endorsement of Clinton at the convention, Sanders himself was booed as he arrived for a breakfast with California delegates Tuesday. “It is easy to boo,” Sanders said in admonishing his supporters. “But it is harder to look your kids in the face, who would be living under a Donald Trump presidency.” Republished withn permission of the Associated Press.
Former rivals, military leaders, actors to take stage at RNC
Former presidential candidates Ted Cruz, Chris Christie, Scott Walker and Marco Rubio — the latter by video link — are among those set to speak at the Republican National Convention in Cleveland. Military leaders, members of Congress, actors, faith leaders and family members of presumptive presidential nominee Donald Trump are also set to speak in what the Republican National Committee calls “an unconventional lineup” that will challenge the status quo and press for Trump’s agenda. Speaker highlights at the four-day convention, which begins Monday at the Quicken Loans Arena. MONDAY Theme: Make America Safe Again Headliners: Trump’s wife, Melania; Lt. Gen. (ret.) Michael Flynn, U.S. Army; Sen. Joni Ernst, R-Iowa; and Rep. Ryan Zinke, R-Mont. Others: Willie Robertson, star of “Duck Dynasty”; former Texas Gov. Rick Perry; Marcus Luttrell, retired U.S. Navy SEAL; Scott Baio, actor; Pat Smith, mother of Sean Smith, killed in the 2012 attacks in Benghazi, Libya; Mark “Oz” Geist, member of a security team that fought in Benghazi; John Tiegen, member of Benghazi security team and co-author of the book “13 Hours,” an account of the attacks; Kent Terry and Kelly Terry-Willis, siblings of Brian Terry, a Border Patrol agent whose shooting death revealed the botched “Fast and Furious” gun-smuggling operation; Antonio Sabato Jr., actor; Mary Ann Mendoza, Sabine Durden and Jamiel Shaw, immigration reform advocates; Rep. Michael McCaul, R-Texas; David Clarke, sheriff of Milwaukee County, Wis.; Rep. Sean Duffy, R-Wis.; Rachel Campos-Duffy, LIBRE Initiative for Hispanic economic empowerment; Darryl Glenn, Senate candidate in Colorado; Sen. Tom Cotton, R-Ark.; Karen Vaughn, mother of a U.S. Navy SEAL killed in Afghanistan; Sen. Jeff Sessions, R-Ala.; former New York Mayor Rudy Giuliani; and Jason Beardsley of Concerned Veterans for America. ___ TUESDAY Theme: Make America Work Again Headliners: Tiffany Trump, candidate’s daughter; Kerry Woolard, general manager, Trump Winery in Virginia; Donald Trump Jr.; Sen. Shelley Moore Capito, R-W.Va.; former GOP presidential candidate Ben Carson; and actress Kimberlin Brown. Others: Sharon Day, co-chairwoman of Republican National Committee; Dana White, president, Ultimate Fighting Championship; Arkansas Gov. Asa Hutchinson; Arkansas Attorney General Leslie Rutledge; former U.S. Attorney General Michael Mukasey; Andy Wist, founder of Standard Waterproofing Co.; Sen. Ron Johnson, R-Wis.; Chris Cox, executive director, NRA Institute for Legislative Action; golfer Natalie Gulbis; Senate Majority Leader Mitch McConnell, R-Ky.; House Speaker Paul Ryan, R-Wis.; House Majority Leader Kevin McCarthy, R-Calif.; New Jersey Gov. Chris Christie. ___ WEDNESDAY Theme: Make America First Again Headliners: Former presidential candidates Ted Cruz and Marco Rubio; Eric Trump, son of the candidate; former House Speaker Newt Gingrich; and Indiana Gov. Mike Pence, Trump’s pick to be vice president. Others: radio host Laura Ingraham; Phil Ruffin, businessman with interests in real estate, lodging, manufacturing and energy; Florida Attorney General Pam Bondi; retired astronaut Eileen Collins; Michelle Van Etten, small business owner; Kentucky state Sen. Ralph Alvarado Jr.; Darrell Scott, senior pastor and co-founder of New Spirit Revival Center Ministries, Cleveland; Harold Hamm, oil executive; Wisconsin Gov. Scott Walker; Lynne Patton, vice president, Eric Trump Foundation; Sen. Marco Rubio, R-Fla. (by video); Sen. Ted Cruz, R-Texas; Callista Gingrich, wife of Newt Gingrich. ___ THURSDAY Theme: Make America One Again Headliners: Peter Thiel, co-founder PayPal; Tom Barrack, CEO of Colony Capital; Ivanka Trump, daughter of the candidate; and Donald Trump, GOP nominee for president. Others: Brock Mealer, motivational speaker; Rep. Marsha Blackburn, R-Tenn.; Oklahoma Gov. Mary Fallin; Dr. Lisa Shin, owner of Los Alamos Family Eyecare in New Mexico; RNC Chairman Reince Priebus; Jerry Falwell Jr., president of Liberty University and evangelical leader. Republished with permission of the Associated Press.
