More than 40 years ago, I arrived in Chicago in search of an idea. I was a young man looking for purpose, who believed deeply in America, was inspired by the Civil Rights Movement, and wanted to be a part of something larger. The America I believed in was one where everyone has opportunity, everyone is seen, everyone belongs—because that was an America that had a place for me, too.
It means so much to Barack and me to open up the Obama Presidential Center on the South Side of Chicago. This is where I grew up, where Barack got his start, and where we raised our girls. So having a place where kids from our community can see themselves, connect with each other, and channel their hope—there’s nothing more powerful than that.
DC’s complete lack of interest in getting the streets plowed so that schools and stores can reopen is, by any standard, pretty astonishing. It’s like they’re delegating their jobs to the sun.
I'm not sure I entirely think ending the shut down is a bad idea but the message of "it didnt work" seems bizarre to me, it did and even if it didnt, why not just claim victory
Between OH, KS, CA, VA and now this huge win in UT, Democrats have quietly strung together an impressive streak of victories over the past few weeks that have, surprisingly, pushed the mid-decade redistricting war closer to a draw.
This is the longest shutdown in American history. Capitol Hill staff are not getting paid. So we decided to have a bunch of hard-working Republican and Democratic aides to the @PunchbowlNews Townhouse on the Hill for pizza and drinks.
The factional grifters will hate this, but the Mamdani-Spanberger-Sherrill axis actually suggests the outlines of a broad, emerging Dem coalition organized around both anti-Trump *and* affordability politics, not a party bitterly divided against itself.
After tonight, half the Dems are going to say “look at New York, we have to run more socialists!” and the other half are going to say “look at VA, we have to run more moderates!” and the answer is yes to both.
The answer is a big-tent positivity that embraces both.
Abigail Spanberger, a former congresswoman and CIA agent, will be the first woman to serve as governor of Virginia, following a streak of 74 men. Spanberger's campaign was laser-focused on attacking President Trump's policies. https://t.co/eNJn7dZlu1
NEW: Every living former Fed chair (Greenspan, Bernanke, Yellen) ...
have joined several former Treasury secretaries (Rubin, Summers, Paulson, Geithner, Lew) ...
and CEA chairs (Hubbard, Mankiw, Romer, Furman, Rouse, Bernstein) who served presidents of both parties ...
in an amicus brief to the Supreme Court warning a ruling against Lisa Cook's ability to stay in her job would significantly erode Fed independence https://t.co/oNa1wJoBau
Nexstar Media, one of the largest operators of TV stations, announced today that its ABC affiliates wouldn’t run Kimmel’s show “for the foreseeable future.”
Nexstar is trying to push a $6.2 billion merger through FCC scrutiny.
ABC announced they’d pull Kimmel indefinitely shortly after.
I’ve said before that there’s only one Trump policy that really counts: the threat of pain and the demand for tribute. There’s no principled defense for governance by open threat of retribution, but it’s currently our trade policy, our economic policy, and our antitrust policy. Just plain sucks.
Fed governor Lisa Cook's request for a temporary restraining order has been granted by a federal court:
"The Court will enter an injunction directing Powell and the Board of Governors to allow Cook to continue to operate as a member of the Board for the pendency of this litigation."
Strongly worded critique of Trump's pressure on Fed by @Citadel CEO Ken Griffin, and Chicago U's Anil Kashyap. "The president’s strategy of publicly criticizing the Fed, suggesting the dismissal of governors, and pressuring the central bank to adopt a more permissive stance toward inflation carries steep costs. These actions raise inflation expectations, increase market risk premiums, and weaken investor confidence in U.S. institutions." https://t.co/3j2m0klzFk
The labor market is going from frozen to cracking.
Look at how many industries have LOST jobs in the past 3 months.
Mining -13,000
Construction -10,000
Manufacturing -31,000
Information -15,000
Business/Professional -51,000
Federal gov't -34,000
Finance 0 job gains
The US job market is almost entirely dependent on healthcare. That's not healthy for the economy.
TODAY at 4pm ET — catch a special two-hour edition of The Weeknight. Reps. Maxine Waters and Debbie Wasserman Schultz weigh in on Trump’s showdown over Fed Governor Lisa Cook’s attempted firing. Plus: RFK Jr. roils the CDC and Cracker Barrel caves to political pressure.