Archive for the ‘Donald Trump’ Category

Trump wants to make sure US nuclear arsenal at ‘top of the pack’ – Reuters

By Steve Holland | WASHINGTON

WASHINGTON President Donald Trump said on Thursday he wants to ensure the U.S. nuclear arsenal is at the "top of the pack," saying the United States has fallen behind in its weapons capacity.

In a Reuters interview, Trump also said China could solve the national security challenge posed by North Korea "very easily if they want to," ratcheting up pressure on Beijing to exert more influence to rein in Pyongyang's increasingly bellicose actions.

Trump also expressed support for the European Union as a governing body, saying "I'm totally in favor of it," and for the first time as president expressed a preference for a two-state solution to the Israeli-Palestinian conflict, but said he would be satisfied with whatever makes the two sides happy.

Trump also predicted his efforts to pressure NATO allies to pay more for their own defense and ease the burden on the U.S. budget would reap dividends. "They owe a lot of money," he said.

In his first comments about the U.S. nuclear arsenal since taking office on Jan. 20, Trump was asked about a December tweet in which he said the United States must greatly strengthen and expand its nuclear capacity "until such time as the world comes to its senses regarding nukes."

Trump said in the interview he would like to see a world with no nuclear weapons but expressed concern that the United States has "fallen behind on nuclear weapon capacity."

I am the first one that would like to see ... nobody have nukes, but were never going to fall behind any country even if its a friendly country, were never going to fall behind on nuclear power.

"It would be wonderful, a dream would be that no country would have nukes, but if countries are going to have nukes, were going to be at the top of the pack," Trump said.

Russia has 7,000 warheads and the United States, 6,800, according to the Ploughshares Fund, an anti-nuclear group.

"Russia and the United States have far more weapons than is necessary to deter nuclear attack by the other or by another nuclear-armed country," said Daryl Kimball, executive director of the independent Arms Control Association non-profit group.

The new strategic arms limitation treaty, known as New START, between the United States and Russia requires that by February 5, 2018, both countries must limit their arsenals of strategic nuclear weapons to equal levels for 10 years.

The treaty permits both countries to have no more than 800 deployed and non-deployed land-based intercontinental and submarine-launched ballistic missile launchers and heavy bombers equipped to carry nuclear weapons, and contains equal limits on other nuclear weapons.

Analysts have questioned whether Trump wants to abrogate New START or would begin deploying other warheads.

In the interview, Trump called New START "a one-sided deal."

"Just another bad deal that the country made, whether it's START, whether it's the Iran deal ... We're going to start making good deals," he said.

"WE'RE VERY ANGRY"

The United States is in the midst of a $1 trillion, 30-year modernization of its aging ballistic missile submarines, bombers and land-based missiles.

Trump also complained that the Russian deployment of a ground-based cruise missile is in violation of a 1987 treaty that bans land-based American and Russian intermediate-range missiles.

"To me it's a big deal," said Trump, who has held out the possibility of warmer U.S. relations with Russia.

Asked if he would raise the issue with Putin, Trump said he would do so "if and when we meet." He said he had no meetings scheduled as of yet with Putin.

Speaking from behind his desk in the Oval Office, Trump expressed concern about North Korea's ballistic missile tests and said accelerating a missile defense system for U.S. allies Japan and South Korea was among many options available.

"There's talks of a lot more than that," Trump said, when asked about the missile defense system. "We'll see what happens. But it's a very dangerous situation, and China can end it very quickly in my opinion."

China has made clear that it opposes North Koreas nuclear and missile programs and has repeatedly called for denuclearization of the Korean peninsula and a return to negotiations between Pyongyang and world powers.

But efforts to change Pyongyang's behavior through sanctions have historically failed, largely because of China's fear that severe measures could trigger a collapse of the North Korean state and send refugees streaming across their border.

Trump's meeting with Japanese Prime Minister Shinzo Abe earlier this month in Florida was interrupted by a ballistic missile launch by North Korea.

Trump did not completely rule out possibly meeting North Korean leader Kim Jong Un at some point in the future under certain circumstances but suggested it might be too late.

"It's very late. We're very angry at what he's done, and frankly this should have been taken care of during the Obama administration," he said.

According to Japanese news reports, the Japanese government plans to start debate over the deployment of a U.S. missile defense system known as the Terminal High Altitude Area Defense, or THAAD, and the land-based Aegis Ashore missile defense system to improve its capability to counter North Korean ballistic missiles.

The strength of Trumps remarks in favor of the EU took some Brussels officials by surprise after his support for Britain's vote last summer to exit from the EU.

"I'm totally in favor of it," Trump said of the EU. "I think it's wonderful. If they're happy, I'm in favor of it."

Statements by him and others in his administration have suggested to Europeans that he sees little value in the Union as such, which Trump last month called a vehicle for Germany."

(Additional reporting by Jeff Mason, Roberta Rampton, Emily Stephenson, John Walcott, Matt Spetalnick, Arshad Mohammed and David Brunnstrom in Washington and Alastair Macdonald in Brussels; editing by Ross Colvin)

WASHINGTON U.S. President Donald Trump criticized the FBI on Friday for failing to stop leaks of national security information to the media and directed the agency to find those who pass on classified information.

BRANCHBURG, N.J./VIRGINIA BEACH, Va. U.S. Representative Leonard Lance, who has held more than 40 town hall-style meetings with constituents in his central New Jersey district, has never faced a crowd like he did on Wednesday.

NEW YORK New York City Mayor Bill de Blasio arrived to meet with federal prosecutors on Friday morning as part of their lengthy investigation into whether people involved in fundraising for his election campaign broke corruption laws, according to news reports.

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Trump wants to make sure US nuclear arsenal at 'top of the pack' - Reuters

Here’s Why Donald Trump Won’t Be Watching The Oscars – Huffington Post

President Donald Trump likely wont be watching the Academy Awardson Sunday night because, duh.

But well let White House press secretary Sean Spicer share the official reason why:

I think Hollywood is known for being rather far to the left in its opinions, and Ive got to be honest with you, I think the president will be hosting the Governors Ball that night. Mrs. Trump looks forward to putting on a phenomenal event. And the first ladys put a lot of time into this event, in welcoming our nations governors to the capital, and I have a feeling thats where the president and first lady are going to be focused on Sunday night.

MARK RALSTON via Getty Images

The former reality star has fired up feuds with the likes of Meryl Streep (whos nominated) and has also gotten roasted at previous award shows, so he probably isnt feeling chummy with show business right about now. Plus,given the anti-administration yuks that will likely spill forth at the Oscars, perhaps Trump wants to spare his ego.

While he may not tune in, we have a sneaking suspicion that the commander-in-chief wont tune out what transpires on Oscar night. Got that, Twitter?

He apparently hasnt been such a fan of the ceremony anyway, tweeting in 2014 that it was amateur night and bullshit. In 2015, he issued this politicized critique:

The rest is here:
Here's Why Donald Trump Won't Be Watching The Oscars - Huffington Post

Nikki Haskell Learns the Social Cost of Supporting Donald Trump – New York Times


New York Times
Nikki Haskell Learns the Social Cost of Supporting Donald Trump
New York Times
But now she is facing what may be the most difficult challenge of her life: maintaining her position in the social hierarchies of liberal New York and Los Angeles while serving as a cheerleader for one of her oldest friends, Donald J. Trump, whom she ...

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Nikki Haskell Learns the Social Cost of Supporting Donald Trump - New York Times

Here Are All The Favors Donald Trump Has Performed For Wall Street – Huffington Post

Donald Trump built his presidential campaign around two ideas: 1) a corrupt financial establishment had swindled the middle class, and 2) immigrants and foreigners are dangerous.

Some combination of these two sentiments has fueled every Americanpopulist movementdating back to President Andrew Jackson. Populists can take credit for plenty of economic progress: child labor laws, universal public education, the eight-hour workday, the abandonment of the gold standard and all modern antitrust and bank regulations. The dark side of populism can be blamed for the Trail of Tears, the Chinese Exclusion Act and the incarceration of Japanese-Americans during World War II.

After a month in office, its pretty clear which strain of populism Trump takes seriously. Hes ordered the construction of a border wall with Mexico and plans to hire 5,000 new border patrol agents and 10,000 Immigration and Customs Enforcement officers. Hes also attempted to ban Syrian refugees and travelers from seven Muslim-majority nations from the country.

In the meantime, Trump has embraced American financial titans as some of his closest allies. Wall Street is making its peace with people like Trump chief strategist Steve Bannon, the former Breitbart News executive chairman, and Attorney General Jeff Sessions, whos been repeatedly accused of racism,as the crackdown on immigrants intensifies.

Trumps affinity for Wall Street is most obvious in his choice of personnel. His top economic adviser, Gary Cohn, his treasury secretary, Steven Mnuchin, and Bannon are all Goldman Sachs alums. Trumps nominee to run the Securities and Exchange Commission is Jay Clayton, a Wall Street lawyer who has represented Goldman Sachs as a partner at Sullivan &Cromwell, a law firm so close to Goldman it is sometimes jokingly referred to as the legal wing of the bank.

Trumps pick for commerce secretary is private equity billionaire Wilbur Ross, whose wheeling and dealing included stewardship over American Home Mortgage Servicing and Option One, mortgage companies that paid millions to settle charges of relying on forged signatures and fabricated documents to push through foreclosures. Mnuchins bank, OneWest often referred to as a foreclosure machine also pursued improper evictions by robo-signing key documents, a fact Mnuchin lied about in his confirmation hearing.

Within two weeks of taking office, Trump was already delivering policy favors to Wall Street. He feted banking kingpins likeJPMorgan Chase CEO Jamie Dimon at the White House before signing a flashy executive order calling for a review of the 2010 Dodd-Frank financial reform law.

The signing ceremony was essentially symbolic regulatory agencies dont need an executive order to rewrite the regulations required by the law. In fact, they dont really need to rewrite the rules they can simply refuse to enforce them.

Trump Transportation Secretary Elaine Chao was a master of this approach when she served as Labor Secretary for President George W. Bush. As The Huffington Posts Dave Jamieson has reported, a Government Accountability Office investigation found that Chaos agency simply didnt investigate serious complaints about labor violations. The GAO determined this by registering several fake and outrageous complaints, and monitoring the departments response. In the most outlandish case, Chaos agency didnt follow up on a report that children were operating meat grinders and circular saws at a meat-packing plant during school hours.

All Trumps appointees have to do to gut Dodd-Frank is follow Chaos example. But the symbolism of the signing ceremony matters. Trump was sending the strongest signal possible to Wall Street that he will not interfere with their quest for profit, however reckless or ill-gotten it may be.

Andrew Harrer/Bloomberg via Getty Images

The same day Trump attacked Dodd-Frank, he signed another executive order with more immediate consequences. The Obama administration had crafted a fiduciary duty rule that required retirement account professionals to manage their funds in their clients best interests. Most people think their retirement advisers have to work on their behalf, but many pick and choose investments based on special perks and financial gains that accrue to the adviser or his firm.

As far as Wall Streets bottom line was concerned, the rule was a bigger nuisance than the vast majority of Dodd-Frank. The Obama administration had calculated that Americans lose $17 billion a year to conflicted retirement advice and Goldman Sachs projected the rule would cost the investment industry $7 billion a year, plus $13 billion upfront.

Trump erased the rule. He invited Rep. Ann Wagner (R-Mo.) to the signing ceremony to explain the move. Wagner, who raises about $900,000 every election cycle from the financial sector (more than quadruple her haul from any other industry), declared: This is about Main Street this is a big day, a big moment for Americans. It was true. It was also a big rip-off.

This executive order was not the most harmful of Trumps early activities, but it may be the dumbest. Any administrative agency that wants to write a new regulation under president Trump will have to identify two existing regulations that it will eliminate.

This is, of course, completely arbitrary. It is also short-sighted. Over the course of a presidency, bad things happen. And one way that presidents can make themselves appear attentive to those problems is by having regulatory agencies respond with new rules. Those rules might not be worth much, but Trumps executive order makes it harder for the administration to even pretend to paper over future problems.

Even if deregulation is your lodestar,this executive order doesnt really help. Killing enforcement is just as effective as deleting a rule. But like the Dodd-Frank review, the deregulation rule carries real symbolic value. Trump was telling members of the corporate establishment to feast on whatever spoils they can secure.

Shortly after the Senate Banking Committee advance the nomination of former neurosurgeon Ben Carson as the secretary of housing and urban development, the agency raised prices on mortgages for low-income people. It was a windfall for private mortgage insurance companies that compete with the Federal Housing Administration.

Kevin Lamarque/Reuters

The Securities and Exchange Commission appears to have received Trumps deregulatory message. Former President Barack Obama left the agency understaffed only two of the five commissioners appointed by the president were in office when Trump assumed the presidency.

The December resignation of SEC Chair Mary Jo White perhaps Obamas most embarrassing regulatory appointment for her deference to CEOs and dark money left Republican Commissioner Michael Piwowar in charge of the agency. And Piwowar has unleashed a reign of corporate favoritism that would make even White blush.

Piwowar has already directed the agency to scuttle a Dodd-Frank-mandated rule that would require corporations to report the pay discrepancy between their CEOs and a typical worker.

He has done the same for another Dodd-Frank regulation requiring companies to audit their supply chains to determine whether they relied on conflict minerals mining resources that enrich warlords engaged in long, violent campaigns in the Democratic Republic of Congo. The rule would also have required American companies to tell consumers whether their products were conflict-free.

The conflict minerals rule was partially overturned in a controversial federal court decision, but Piwowar is apparently not one for half-loaves. His first public statement as acting SEC chair effectively called for killing what remained of the rule. You do you, failed state butchers.

Piwowar is also moving to revoke the power of the SECs enforcement division to issue subpoenas launching investigations.

Correction: A previous version of this article stated that Carson had been confirmed as HUD Secretary. He has been voted through the Banking Committee, and is yet to receive a confirmation vote on the Senate floor.

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Here Are All The Favors Donald Trump Has Performed For Wall Street - Huffington Post

Poll: More Americans Trust The Media Than Donald Trump – Forbes


Forbes
Poll: More Americans Trust The Media Than Donald Trump
Forbes
Despite President Donald Trump's relentless attacks on the fake news media, a new poll from Quinnipiac University finds that more Americans trust the media than Donald Trump. A majority of Americans, 52%, said they trust the news media over Donald ...
Donald Trump is losing his war with the mediaWashington Post
Donald Trump's popularity is 'sinking like a rock'NJ.com
Poll: Trump's approval rating continues to dipCNN
The Independent
all 219 news articles »

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Poll: More Americans Trust The Media Than Donald Trump - Forbes