Politics November 18, 2016: Trump causes controversy naming Sessions, Flynn and Pompeo to Cabinet

HEADLINE NEWS

Headline_News

POLITICS

By Bonnie K. Goodman

BEDMINSTER TOWNSHIP, NJ - NOVEMBER 20: President-elect Donald Trump steps outside the clubhouse to greet Jonathan Gray, member of the Board of Directors at Blackstone, before their meeting at Trump International Golf Club, November 20, 2016 in Bedminster Township, New Jersey. Trump and his transition team are in the process of filling cabinet and other high level positions for the new administration.  (Photo by Drew Angerer/Getty Images)

BEDMINSTER TOWNSHIP, NJ – NOVEMBER 20: President-elect Donald Trump steps outside the clubhouse to greet Jonathan Gray, member of the Board of Directors at Blackstone, before their meeting at Trump International Golf Club, November 20, 2016 in Bedminster Township, New Jersey. Trump and his transition team are in the process of filling cabinet and other high level positions for the new administration. (Photo by Drew Angerer/Getty Images)

President-elect Donald Trump is beginning to fill up his cabinet, adding three more to the two positions he has already filled. On Thursday, Nov. 17, 2016, Trump named retired Lt. Gen. Michael Flynn as his National Security Adviser according to sources. On Friday, Nov. 18, Trump added to his cabinet by naming Alabama Sen. Jeff Sessions as U.S. attorney general, and Kansas Rep. Mike Pompeo as CIA Director. Sessions nomination is causing the most controversy because he had been accused of racist comments against African Americans that led him not to be confirmed for a circuit judgeship in 1986 when the President Ronald Reagan nominated him. Flynn is also causing a stir, for his racist comments against Muslims.

On Friday, Nov. 18, the Trump transition team officially released a statement announcing President-elect Trump decisions on those appointments. That included statements by the president-elect and Sessions, Flynn and Pompeo. Sessions is a member of Senate Judiciary Committee member, Flynn is “a retired United States Army Lieutenant General and former director of the Defense Intelligence Agency,” while Pompeo is currently a member of the House Intelligence Committee.

Sessions was an early contender for a top cabinet post since he was the first Senator to endorse Trump back in February and since then has been a loyal advisor to Trump during the campaign on immigration and Supreme Court nominations. Sessions is facing criticism for remarks that haunted his 1986 confirmation hearings by the Senate Judiciary Committee for the position of U.S. District Judge for the Southern District of Alabama. Then Sessions was accused of saying the ACLU and NAACP were “un-American” and he used racially derogatory remarks to African American employees. In 1986, Sessions responded, “I am not a racist. I am not insensitive to blacks. I have supported civil rights activity in my state. I have done my job with integrity, equality, and fairness for all.”

Trump campaign manager defended Sessions against the old allegations. Conway told CNN, “We’re aware of what was said and done 30 some years ago and we’re also aware of the incredible career Jeff Sessions has had throughout his life… I think if anyone had a problem with his record they would have run against him. Senator Sessions would be qualified for any number of positions.” Senate Democrats including new minority leader Chuck Schumer (D-NY) are against Sessions being confirmed, but also one Republican, Kentucky Senator Rand Paul opposes his nomination.

Flynn is a registered Democrat, who criticized President Barack Obama’s foreign policy after leaving his post as director of the Defense Intelligence Agency, which he held from 2012 to 2014. Flynn also has been a loyal Trump advisor and campaign surrogate, especially on issues regarding national security, and on Trump’s Muslim ban that morphed into a ban on immigrants terrorist countries. His views and comments, however, towards Muslims, are problematic and are being criticized.

In February, Flynn tweeted, that “fear of Muslims is RATIONAL.” Flynn revealed in a New York Post op-ed that “the stand I took on radical Islam,” was the real reason for his departure from DIA. Flynn later wrote a book “The Field of Fight: How We Can Win The Global War Against Radical Islam And Its Allies” which was released earlier this year outlining his views  on the “global war against radical Islam.” Flynn is also a board member on ACT for America considered “the largest grassroots anti-Muslim group in America.” American Muslim groups are outraged at Trump’s appointment of Flynn. The position of National Security Advisor, however, does not require Senate confirmation.

Pompeo is the least controversial of Trump’s three appointments, but he is still facing opposition from Sen. Paul. Rep. Pompeo was a sharp “critic of President Obama’s foreign policy including the Iran deal” and Democratic nominee Hillary Clinton and her term as Secretary of State. Pompeo was not an early Trump supporter as his other early picks; Pompeo first endorsed Florida Senator Marco Rubio in the primary. Pompeo has served three terms in the House and is a member of the House Energy Committee and the Intelligence Committee and a member of the House Select Committee on Benghazi. Pompeo co-wrote a supplement to the report on the way the Obama Administration and Clinton as Secretary of State dealt with the 2012 terror attacks in Benghazi, Libya.

Previously, Trump named Republican National Committee Chair Reince Priebus his chief of staff and former Breitbart News executive Steve Bannon his chief strategist and senior counselor, both positions do not require Senate confirmations. Trump has spent all week and weekend meeting with prospective candidates for top White House and Cabinet posts, but he still is at the at the start of filling in these positions, with only two months to spare before Inauguration Day.

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Full Text RNC Day 1, July 18, 2016: Senator Jeff Sessions’ Speech at the 2016 Republican National Convention in Cleveland

POLITICAL TRANSCRIPTS

2016 PRESIDENTIAL CAMPAIGN:

Senator Jeff Sessions’ Speech at the 2016 Republican National Convention in Cleveland

Political Headlines June 5, 2013: House of Representatives Talks on Immigration Reform Near Collapse — Rep. Raul Labrador Abandons House ‘Gang of 8’ Immigration Talks

POLITICAL HEADLINES

https://historymusings.files.wordpress.com/2012/06/pol_headlines.jpg?w=600

OBAMA PRESIDENCY & THE 113TH CONGRESS:

THE HEADLINES….

Rep. Labrador Abandons House ‘Gang of 8′ Immigration Talks

Source: ABC News Radio, 6-5-13

After almost falling apart Wednesday, the House “Gang of 8″ lives on, as a “Gang of 7.”

Rep. Raul Labrador, R-Idaho, left the group after saying he could not come to an agreement with the other members on health care, sources within the meeting among the bipartisan group of representatives….READ MORE

Immigration Overhaul Hits Bump as Conservatives Brainstorm Next Move

Source: ABC News Radio, 6-5-13

With bipartisan discussions in the lower chamber seemingly on the brink of collapse, six Republican senators met with weary House conservatives on Wednesday afternoon to discuss the prospects of immigration overhaul.

Sens. Marco Rubio and Jeff Flake – both members of the Senate’s so-called Gang of Eight – joined Sens. Mike Lee, Ted Cruz, Rand Paul and Jeff Sessions to attend a meeting of the Republican Study Committee and debate the options ahead….READ MORE

Political Buzz US Economy in Crisis August 7, 2011: Asian Markets Sink — Reactions to S&P, Standand & Poor’s Downgrade of US Credit Rating from AAA to AA+

POLITICAL BUZZ

By Bonnie K. Goodman

Ms. Goodman is the Editor of History Musings. She has a BA in History & Art History & a Masters in Library and Information Studies from McGill University, and has done graduate work in history at Concordia University.

OBAMA PRESIDENCY & THE 112TH CONGRESS:

THE HEADLINES….

 

G7 says committed to ensure liquidity, support markets: The Group of Seven nations is committed to taking coordinated action to ensure liquidity and to support financial market functioning, financial stability and economic growth, G7 finance ministers and central bank governors said in a statement…. – Reuters, 8-7-11

“These actions, together with continuing fiscal discipline efforts will enable long-term fiscal sustainability. No change in fundamentals warrants the recent financial tensions faced by Spain and Italy. We welcome the additional policy measures announced by Italy and Spain to strengthen fiscal discipline and underpin the recovery in economic activity and job creation.” — G7 Statement

“It takes awhile. Our concerns are centered on the political side and on the fiscal side. It would take a stabilization of the debt as a share of the economy and eventual decline, and it would take, I think, more ability to reach consensus in Washington than what we’re observing now.” — John B. Chambers, the managing director of Standard & Poor’s

“Raising taxes is what ‘balanced plan’ means, that is plain to every American by now. The administration wants to raise taxes so they can permanently implant a larger level of spending. They have increased domestic discretionary spending 24 percent in two years. This is unthinkable. So we’ve got a problem — we’ve got to bring that spending down, not increase the burden on the private sector.” — Senator Jeff Sessions of Alabama, the top Republican on the Senate Budget Committee

“One has to find understandable their pessimism about our inability to come together on the most important issue facing our country, which is how do we create jobs. We need a balanced approach and the extremism, the Tea Party obstructionism here in Washington, is keeping us from restoring that balanced approach America has always used of investing in the future, investing in job creation, and also being fiscally responsible at the same time.” — Gov. Martin O’Malley of Maryland, the chairman of the Democratic Governors Association on the ABC program “This Week”

“Republicans are having to respond to this very, very strident group that is pulling them away and believes that compromise is a dirty word. That is a prescription for failure.” — David Axelrod, Obama’s longtime political adviser on the CBS program “Face the Nation”

“The Tea Party hasn’t destroyed Washington — Washington was destroyed before the Tea Party got there. The hope is that the Tea Party and middle-of-the-road people can find common ground to turn this country around before we become Greece. I hope we can.”
“People are not creating jobs in this country because they think Howard Dean is going to raise their taxes. If you want to create jobs, don’t raise anyone’s taxes. Try to lower spending like the Tea Party and other people up here want.” — Senator Lindsey Graham, Republican of South Carolina

“I think the Standard & Poor’s downgrade is a good thing because I think it underlines the fact that you cannot get out of this without raising revenues. You cannot get out of this without raising revenues. It is impossible, and the vast majority of the American people want us to raise revenues — particularly on all those gazillionaires the Republican tax cuts mostly benefit.” — Howard Dean, the former Vermont governor and former chairman of the Democratic National Committee

“Clearly, I’m not very surprised by this downgrade. We more or less saw this coming because we’re on the wrong fiscal path. We’ll find out tomorrow what kind of spike in rates we’re going to get. But, obviously, not only does it hurt the federal government in its ability to close the deficits, but it hurts people. You know, car loans, home loans, all these things are going to go up. And so, it’s because Washington has not gotten its fiscal house in order. To me, this is more vindications of our action.” — Representative Paul D. Ryan of Wisconsin, the Republican chairman of the House Budget Committee on “Fox News Sunday”

“I think it’s really — it’ll sound strange for me to say it — an outrageous move. The government can pay its debts. It’s legally obligated to do so. It’s got the wherewithal to do it. In a larger sense about the economy, I think the U.S. economy is in a perilous state. This recovery has been the worst from a severe recession since the Great Depression, but I am surprised S.& P. would play politics. The U.S. government can pay the interest and principle on the bonds.” — Steve Forbes, the chief executive of the company that publishes Forbes magazine and a former Republican presidential candidate on the CNN program “State of the Nation”

Candidates Give Obama an F for AA+ Rating: The Republican presidential candidates on Saturday seized on the first-ever downgrade of the nation’s credit rating as a new line of criticism against President Obama, suggesting that ultimate responsibility rested in the Oval Office even though the rating agency, Standard & Poor’s, cited the overall political gridlock in Washington as a major cause for its decision…. – NYT, 8-6-11

“It happened on your watch, Mr. President. You were AWOL. You were missing in action…. I’m calling on the president of the United States to come back to the White House, address the American people before the markets open on Monday and give us his positive plan for putting the ratings back up to the AAA rating…. Last night, we had our day of reckoning. Eventually it hits the fan…. “The responsibility is of those in Washington, D.C., who put the deal together. But the real problem in all of this is that President Obama has failed to give leadership on this issue.” Michele Bachmann, the Minnesota representative and Tea Party caucus leader

“What we should be talking about is downgrading Barack Obama from president of the United States.” — Former Gov. Tim Pawlenty of Minnesota campaigned in Grinnell on Saturday

    • At a glance: The US credit downgrade: Markets around the world are set to react Monday to the downgrade of the U.S. credit rating Friday. A look at the downgrade, why it happened and what it means:
      WHAT HAPPENED:
      Credit rating agency Standard & Poor’s lowered the U.S. government’s credit rating for the first time Friday, from the top AAA rating to AA+. That affects long-term debt, which means government securities that have terms of more than one year.
      WHY THE DEBT WAS DOWNGRADED:
      S&P blamed political deadlock in Washington that threatens to keep the country from dealing effectively with its debt.
      WHAT IT MEANS FOR THE GOVERNMENT:
      In theory, a lower credit rating should lead to higher interest rates for U.S. debt. Buyers of government securities can demand higher rates because the lower rating means they are taking on more risk. In reality, Treasury bonds will still be considered among the safest and most liquid investments in the world, and any rise in rates is likely to be muted…. – AP, 8-7-11
    • Asian stock markets sink after US credit downgrade: Asian stocks nose-dived Monday as the first-ever downgrade of the U.S. government’s credit rating jolted the global financial system, reinforcing fears of a rapid slowdown in economic growth.
      Oil prices extended recent sharp losses, trading below $84 a barrel on expectations that weaker global growth will crimp demand for crude. The dollar was lower against the yen and the euro.
      Among the major Asian markets, Hong Kong’s Hang Seng tumbled 4 percent to 20,100.20 and South Korea’s Kospi crumpled 6.7 percent to 1,814.100. Japan’s Nikkei 225 stock average dropped 2.5 percent to 9,067.88.
      Futures pointed to losses on Wall Street when it opens Monday. Dow futures were off 258 points, or 2.3 percent, at 11,144 and broader S&P 500 futures shed 28.8 points, or 2.4 percent, to 1,169.00.
      “It’s not Armaggedon, but it feels like it,” said Hong Kong-based analyst Francis Lun, adding that he foresees the territory’s Hang Seng index to sink below 19,000 — a decline of a further 5 percent — before making any kind of comeback…. – AP, 8-8-11
    • Asian stocks slide after US debt downgrade: Asian stocks fell on Monday after last week’s historic downgrade of the United States’ credit rating, which compounded concerns over the world’s biggest economy as well as the global outlook.
      The falls were echoed by big losses in oil while gold surged to another record as investors moved out of risky assets…. – AP, 8-8-11
    • Geithner says he will stay at Treasury: Timothy Geithner has told President Barack Obama that he will remain on the job as Treasury secretary, ending speculation he would leave the administration…. – AP, 8-7-11
    • U.S. Stock Futures Fall on S&P Downgrade: U.S. stock futures declined, following the biggest weekly drop in the Standard & Poor’s 500 Index since 2008, amid concern that a downgrade of the nation’s credit rating by S&P may worsen an economic slowdown.
      S&P 500 futures expiring in September declined 2.1 percent to 1,172.3 at 7:03 a.m. in Tokyo. Dow Jones Industrial Average futures lost 253 points, or 2.2 percent, to 11,149.
      The downgrade threatens to extend a rout in U.S. stocks that wiped out $1.94 trillion in market value and erased the S&P 500’s gain for the year. S&P lowered the U.S. long-term rating one level to AA+ after markets closed on Aug. 5 while keeping the outlook at “negative” as the ratings company becomes less confident Congress will end Bush-era tax cuts or tackle entitlements…. – Businessweek, 8-7-11

“This is a problem that has to be addressed by the full spectrum of political parties. You’ve got a position here where the debt is on a rising share if you measure it against GDP. The plan that has been put forward and we think will be adopted gets you part of the way there but it doesn’t get you all the way there. And we don’t see in the next few years a consensus forming that will get you the rest of the way.” — John Chambers, chairman of Standard & Poor’s sovereign debt committee

  • S&P’s Chambers Says U.S. Debt Problems Need Bipartisan Solution: U.S. lawmakers need to come together as they did for a 1980s overhaul of Social Security and compromise on the medium-term consolidation of the country’s fiscal position, said John Chambers, chairman of Standard & Poor’s sovereign debt committee…. – Bloomberg, 8-7-11
  • G7 gives first sign ready to battle crisis: Political and financial leaders gave their first sign of readiness to battle a debt crisis gone global when the European Central Bank signaled on Sunday it would start buying Italian and Spanish debt, a critical move to quell a bond rout that has rocked financial markets.
    The European Central Bank decision would be aimed at calming markets grown increasingly doubtful about Europe’s ability to deal with its debt issues, a strikingly parallel concern to that which led ratings agency Standard & Poor’s to knock U.S. debt down from “risk free” AAA status to AA-plus.
    Meanwhile, finance chiefs from Group of Seven industrial nations were to confer by telephone late on Sunday– and possibly issue a statement afterward — to try to soothe anxious investors after a week in which $2.5 trillion of market value was wiped out…. – Reuters, 8-7-11
  • Dollar Weakens to Record Versus Franc as S&P Lowers U.S. Rating: The dollar dropped to a record low against the Swiss franc and fell for a second day versus the yen after Standard & Poor’s downgrade of the U.S. added to concern the fiscal health of the world’s biggest economy is slipping.
    The greenback weakened against the euro before the Federal Reserve meets tomorrow on monetary policy after S&P cut the U.S. one level on Aug. 5. The euro also advanced after the European Central Bank signaled it’s ready to start buying Italian and Spanish bonds to curb the region’s debt crisis. The yen gained against most major peers as Asian shares slid for a fifth day, supporting demand for Japan’s currency as a refuge…. – Bloomberg, 8-8-11
  • U.S. 10-Year Treasury Yield Retraces Decline: Benchmark 10-year U.S. Treasury bonds retraced early losses Monday to rise above Friday’s closing levels, despite the unprecedented downgrade by Standard & Poor’s of its rating on U.S. government debt.
    Analysts said a pledge early Monday from the Group of Seven industrialized nations to prevent market volatility, along with concerns about the euro-zone debt crisis and the possibility of a global economic downturn, was keeping demand for Treasurys strong…. – WSJ, 8-8-11
  • What the Move on U.S. Credit Means for Everyday Investors: The move by Standard & Poor’s to cut the U.S. credit rating to double-A-plus added more uncertainty to global markets already buffeted by concerns over debt crises and slowing economic growth. Here are answers to some of the most important questions facing investors…. – WSJ. 8-7-11
  • How to Get That AAA Rating Back: Reagan inherited economic problems and fixed them. Obama’s strategy is to blame Bush and Standard & Poor’s…. – WSJ, 8-7-11
  • S&P executive: 1 in 3 chance of future downgrade: A top political adviser to President Barack Obama blamed the downgrade of the U.S. credit rating on tea party Republicans, whom he said were unwilling to compromise on how to reduce the federal debt.
    Obama campaign strategist David Axelrod told CBS’ “Face the Nation” on Sunday that the decision by the Standard & Poor’s credit agency to downgrade the U.S. from AAA to AA+ for the first time was strongly influenced by weeks of standoff between Democrats and Republicans over the debt…. – AP, 8-7-11
  • Greenspan sees stock market drop after downgrade: Former Federal Reserve Chairman Alan Greenspan says he expects the stock market slide to continue in the wake of a decision by credit rating agency Standard & Poor’s to downgrade the U.S. credit rating.
    Appearing Sunday on NBC’s “Meet the Press,” Greenspan said markets will take time to bottom out and that he expects a negative reaction on Monday to the S&P action…. – AP, 8-7-11
  • Kerry, McCain say bipartisan work needed post-S&P downgrade, differ on who to blame: Two senators and former presidential candidates say Standard & Poor’s decision to downgrade the U.S. credit rating speaks to the need for more bipartisan compromise — but they also say the blame lay with the other party.
    John Kerry was the Democratic nominee for president in 2004, and John McCain was the Republican nominee in 2008.
    Appearing Sunday on NBC’s “Meet the Press,” Kerry called S&P’s decision a “tea party downgrade.” The Massachusetts Democrat says he believes that tea party supporters in the House are holding up progress.
    McCain says he too would like to see more cooperation, but the Arizona Republican says President Barack Obama is at fault. McCain says the president failed to lead and did not present a clear plan during the debt-ceiling debate…. – AP, 8-7-11
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