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Bernie Sanders to release 10 years of tax returns – as it happened Bernie Sanders to release 10 years of tax returns – as it happened
(32 minutes later)
That’s it for me tonight, folks! Thanks for reading along. Here’s what’s happened Tuesday evening:
Republicans are rejecting Trump’s choices for the Federal Reserve, amid concerns that the president could be trying to make the strictly non-partisan financial institution more political. Both his picks come with problems – Stephen Moore faces tax issues while Herman Cain is faces questions from Republicans.
Trump Fed pick was held in contempt for failing to pay ex-wife over $300,000
House Democrats are determined to get all the details contained in the Mueller report. The attorney general, William Barr, told Congress today that he’d hand over a redacted version within a week, as committee chairs vowed to obtain the report in full.
Claire Grady, who was legally in succession to temporarily take over the Department of Homeland Security in the wake of Kirstjen Nielsen’s departure, has resigned, paving the way for Trump’s preferred appointee, the Customs and Border Protection director, Kevin McAleenan.
The president met with Saudi Arabia’s crown prince, Mohammed bin Salman, and reportedly discussed human rights.The president met with Saudi Arabia’s crown prince, Mohammed bin Salman, and reportedly discussed human rights.
Just In: One day after the US sanctioned 16 Saudis for murdering Jamal Khashoggi — but not MBS, who allegedly gave the go ahead —Trump spoke w MBS today about “Saudi Arabia’s role in ensuring ME stability, maintaining pressure on Iran, and the importance of human rights issues.” pic.twitter.com/1U0MW9mYTTJust In: One day after the US sanctioned 16 Saudis for murdering Jamal Khashoggi — but not MBS, who allegedly gave the go ahead —Trump spoke w MBS today about “Saudi Arabia’s role in ensuring ME stability, maintaining pressure on Iran, and the importance of human rights issues.” pic.twitter.com/1U0MW9mYTT
Yesterday, US secretary of state, Mike Pompeo, issued travel bans against those believed to be connected to the violent murder of the dissident Saudi journalist, but included no rebuke against the crown prince who is believed to have ordered the attack.Yesterday, US secretary of state, Mike Pompeo, issued travel bans against those believed to be connected to the violent murder of the dissident Saudi journalist, but included no rebuke against the crown prince who is believed to have ordered the attack.
The Trump Administration has faced harsh criticism for not condemning Saudi Arabia and cracking down on the country more strongly, for atrocities committed in Yemen and human rights abuses within its borders.The Trump Administration has faced harsh criticism for not condemning Saudi Arabia and cracking down on the country more strongly, for atrocities committed in Yemen and human rights abuses within its borders.
Khashoggi killing: US issues travel bans against 16 SaudisKhashoggi killing: US issues travel bans against 16 Saudis
Acting Deputy Secretary, Claire Grady — who would have filled the position left vacant by Kirstjen Nielsen — has resigned, clearing the way for Trump’s to pick, Kevin McAleenan to serve.Acting Deputy Secretary, Claire Grady — who would have filled the position left vacant by Kirstjen Nielsen — has resigned, clearing the way for Trump’s to pick, Kevin McAleenan to serve.
Nielsen said acting Deputy Secretary Claire Grady (caught in the crossfire over McAleenan’s appointment) has offered to resign https://t.co/puIud4gQFYNielsen said acting Deputy Secretary Claire Grady (caught in the crossfire over McAleenan’s appointment) has offered to resign https://t.co/puIud4gQFY
Shortly after Homeland Security Secretary Kirstjen Nielsen shared she had resigned, Trump announced on Twitter he would temporarily fill the position with Customs and Border Patrol Director, McAleenan, ignoring the law of succession that would put Grady in charge.Shortly after Homeland Security Secretary Kirstjen Nielsen shared she had resigned, Trump announced on Twitter he would temporarily fill the position with Customs and Border Patrol Director, McAleenan, ignoring the law of succession that would put Grady in charge.
Earlier today, Politico reported that that might mean Grady would soon be on the chopping block:Earlier today, Politico reported that that might mean Grady would soon be on the chopping block:
The legal hitch could lead Trump to fire Grady, since she appears to be an obstacle to McAleenan being able to assume the top role at the agency”.The legal hitch could lead Trump to fire Grady, since she appears to be an obstacle to McAleenan being able to assume the top role at the agency”.
Kirstjen Nielsen resigns as Trump homeland security secretaryKirstjen Nielsen resigns as Trump homeland security secretary
A large number of high ranking positionsTrump’s Administration are currently governed by empty chairs. With the recent departure of Kirstjen Nielsen, people are starting to share their concern across Twitter.A large number of high ranking positionsTrump’s Administration are currently governed by empty chairs. With the recent departure of Kirstjen Nielsen, people are starting to share their concern across Twitter.
A quick update on our national security leadership: Defense Secretary: Vacant.DHS Secretary: Vacant.UN Ambassador: Vacant.FEMA Director: Vacant.Secret Service Director: Vacant.ICE Director: Vacant.DHS Deputy: Vacant. President: Present, but unaccounted for.A quick update on our national security leadership: Defense Secretary: Vacant.DHS Secretary: Vacant.UN Ambassador: Vacant.FEMA Director: Vacant.Secret Service Director: Vacant.ICE Director: Vacant.DHS Deputy: Vacant. President: Present, but unaccounted for.
“This is an Emergency,” actress Debra Messing tweeted today. “We need people to step forward and save our country”.“This is an Emergency,” actress Debra Messing tweeted today. “We need people to step forward and save our country”.
But it doesn’t seem to be bothering the President, who, the New York Times pointed out today, said he prefers “acting” titles.But it doesn’t seem to be bothering the President, who, the New York Times pointed out today, said he prefers “acting” titles.
‘I like acting. It gives me more flexibility. Do you understand that?’ Mr. Trump told reporters in January before departing to Camp David. ‘I like acting. So we have a few that are acting. We have a great, great cabinet’.‘I like acting. It gives me more flexibility. Do you understand that?’ Mr. Trump told reporters in January before departing to Camp David. ‘I like acting. So we have a few that are acting. We have a great, great cabinet’.
These temporarily-filled positions are one way Trump can appoint whoever he wants without worry that they won’t be confirmed by the Senate.These temporarily-filled positions are one way Trump can appoint whoever he wants without worry that they won’t be confirmed by the Senate.
The acting Cabinet: Right now, @realDonaldTrump has an:--acting DHS secretary--acting Defense secretary --acting Interior secretary (Bernhardt nominated) --acting WH chief of staff (also an acting UN ambassador, although that position has been downgraded from Cab level)The acting Cabinet: Right now, @realDonaldTrump has an:--acting DHS secretary--acting Defense secretary --acting Interior secretary (Bernhardt nominated) --acting WH chief of staff (also an acting UN ambassador, although that position has been downgraded from Cab level)
During a testimony today, Attorney General William Barr told the Appropriations committee that he would not hand over the full Mueller report, but promised he would release a redacted version within the week. Disappointed Democrats, however, are determined to get more.During a testimony today, Attorney General William Barr told the Appropriations committee that he would not hand over the full Mueller report, but promised he would release a redacted version within the week. Disappointed Democrats, however, are determined to get more.
Schiff, who calls Barr’s testimony a “betrayal” of his confirmation promises of transparency, says he’s demanding the Mueller probe’s counterintel info to “find out whether the president or people in his campaign had been compromised in any way by a foreign power” https://t.co/it7mXL9E1TSchiff, who calls Barr’s testimony a “betrayal” of his confirmation promises of transparency, says he’s demanding the Mueller probe’s counterintel info to “find out whether the president or people in his campaign had been compromised in any way by a foreign power” https://t.co/it7mXL9E1T
Jerry Nadler, who chairs the house Judiciary Committee said today he would subpoena the Justice Department for the full report, and House Intelligence Committee Adam Schiff said he’s already made a formal request, according to CNN:Jerry Nadler, who chairs the house Judiciary Committee said today he would subpoena the Justice Department for the full report, and House Intelligence Committee Adam Schiff said he’s already made a formal request, according to CNN:
The multi-pronged approach is the clearest sign yet that Barr’s release of a redacted report will not stop the brewing showdown between House Democrats and the Trump administration over the 22-month special counsel investigation. The fight is almost assuredly going to wind up in court as Democrats seek to pry material from the Mueller investigation out of the Justice Department beyond what Barr says he will provide.The multi-pronged approach is the clearest sign yet that Barr’s release of a redacted report will not stop the brewing showdown between House Democrats and the Trump administration over the 22-month special counsel investigation. The fight is almost assuredly going to wind up in court as Democrats seek to pry material from the Mueller investigation out of the Justice Department beyond what Barr says he will provide.
Barr laid down his marker at a Tuesday budget hearing, his first appearance before Congress since Mueller’s investigation wrapped last month. Barr said he was working to make as much information public as possible and that he would work with Nadler if he sought additional material.”Barr laid down his marker at a Tuesday budget hearing, his first appearance before Congress since Mueller’s investigation wrapped last month. Barr said he was working to make as much information public as possible and that he would work with Nadler if he sought additional material.”
Pharmacy benefit managers (PBMs) — the middlemen between health insurers and pharmacies — were brought before the Senate Finance Committee today, as Congress continues seeking solutions for soaring drug prices.Pharmacy benefit managers (PBMs) — the middlemen between health insurers and pharmacies — were brought before the Senate Finance Committee today, as Congress continues seeking solutions for soaring drug prices.
In the third hearing this year, executives from CVS Health, UnitedHealth Group’s Optum Rx, AND Cigna testified, representing 76% of the market with over a billion prescriptions a year processed collectively, according to the AP.In the third hearing this year, executives from CVS Health, UnitedHealth Group’s Optum Rx, AND Cigna testified, representing 76% of the market with over a billion prescriptions a year processed collectively, according to the AP.
The executives emphasized that their role helps keep drug prices down, a point lawmakers took issue with.The executives emphasized that their role helps keep drug prices down, a point lawmakers took issue with.
“Whether pharmacy benefit managers bring any real value to taxpayers is a mystery,” Senator Ron Wyden said during the hearing, accusing the companies of “gouging” their customers and working in “greater secrecy than HBO is guarding the ending of ‘Game of Thrones.”“Whether pharmacy benefit managers bring any real value to taxpayers is a mystery,” Senator Ron Wyden said during the hearing, accusing the companies of “gouging” their customers and working in “greater secrecy than HBO is guarding the ending of ‘Game of Thrones.”
Senator Debbie Stabenow meanwhile, called them “pretty bad negotiators”.Senator Debbie Stabenow meanwhile, called them “pretty bad negotiators”.
The executives allege that their work adds value and they hope to do more to decrease prices.The executives allege that their work adds value and they hope to do more to decrease prices.
Per AP:Per AP:
PBMs say they only offer rebates on around 8% of the prescriptions they process, and they pass along most of those discounts to payers like insurers or large employers. They said they want to offer more of those rebates directly to patients when they buy the drugs, an upfront approach to the discounts favored by President Donald Trump’s administration.PBMs say they only offer rebates on around 8% of the prescriptions they process, and they pass along most of those discounts to payers like insurers or large employers. They said they want to offer more of those rebates directly to patients when they buy the drugs, an upfront approach to the discounts favored by President Donald Trump’s administration.
PBM executives also said they can’t make the details of their negotiations with drugmakers public because that would hurt their leverage for getting future discounts”.PBM executives also said they can’t make the details of their negotiations with drugmakers public because that would hurt their leverage for getting future discounts”.
Pharmacy benefit managers—the behind-the-scenes companies that the Senate Finance Committee is grilling about drug prices this week—are huge, mysterious, and extremely complicated. We're lucky @olgakhazan can make sense of them in such a moving, human way https://t.co/YFB3jzSBlLPharmacy benefit managers—the behind-the-scenes companies that the Senate Finance Committee is grilling about drug prices this week—are huge, mysterious, and extremely complicated. We're lucky @olgakhazan can make sense of them in such a moving, human way https://t.co/YFB3jzSBlL
Gabrielle Canon here, taking over for Sabrina Siddiqui.Gabrielle Canon here, taking over for Sabrina Siddiqui.
Things are not looking good for Trump’s Federal Reserve pick, Herman Cain. The 2012 GOP presidential candidate and former pizza executive has yet to be officially nominated, but politicians from his own party are already pushing back.Things are not looking good for Trump’s Federal Reserve pick, Herman Cain. The 2012 GOP presidential candidate and former pizza executive has yet to be officially nominated, but politicians from his own party are already pushing back.
Sen. Lisa Murkowski (R-Alaska) on Herman Cain's expected nomination to Federal Reserve Board: "I'm going to do my due diligence but I'm not so favorably inclined right now.""I have some concerns about some of the things that relate to Mr. Cain," she added.Sen. Lisa Murkowski (R-Alaska) on Herman Cain's expected nomination to Federal Reserve Board: "I'm going to do my due diligence but I'm not so favorably inclined right now.""I have some concerns about some of the things that relate to Mr. Cain," she added.
“There are concerns that are being voiced to the administrations about qualifications,” Senator John Thune, a Republican from South Dakota told Politico. “They’re probably going to hear from a number of our members about concerns that they have. Whether or not that gets them to make a course change or not, I don’t know.”“There are concerns that are being voiced to the administrations about qualifications,” Senator John Thune, a Republican from South Dakota told Politico. “They’re probably going to hear from a number of our members about concerns that they have. Whether or not that gets them to make a course change or not, I don’t know.”
Trump’s other potential nominee, Stephen Moore, is also facing backlash after The Guardian exposed issues with his taxes and finances.Trump’s other potential nominee, Stephen Moore, is also facing backlash after The Guardian exposed issues with his taxes and finances.
Trump Fed pick was held in contempt for failing to pay ex-wife over $300,000Trump Fed pick was held in contempt for failing to pay ex-wife over $300,000
While Republicans have been quick to support Trump’s picks for other positions, Fed nominees are expected not to be partisan, and there are concerns that the president is trying to make the financial body more political.While Republicans have been quick to support Trump’s picks for other positions, Fed nominees are expected not to be partisan, and there are concerns that the president is trying to make the financial body more political.
Per Politico:Per Politico:
‘Do you seriously want a guy on the Fed that has a whole organization, the only purpose of it is to encourage Republicans to do whatever the president says he’d like you to do?’ said one Republican senator distressed about the nomination. The senator said confirming Cain would be ‘hard’ but his nomination alone ‘might confirm Stephen Moore’.‘Do you seriously want a guy on the Fed that has a whole organization, the only purpose of it is to encourage Republicans to do whatever the president says he’d like you to do?’ said one Republican senator distressed about the nomination. The senator said confirming Cain would be ‘hard’ but his nomination alone ‘might confirm Stephen Moore’.
Cain’s group recently said Republicans that opposed the president’s emergency declaration were ‘traitors’ in a fundraising request”.Cain’s group recently said Republicans that opposed the president’s emergency declaration were ‘traitors’ in a fundraising request”.
Ok folks, I’m handing over the blog to the great Gabrielle Canon on the West Coast. She’ll take you through the rest of the day. Until next time...!Ok folks, I’m handing over the blog to the great Gabrielle Canon on the West Coast. She’ll take you through the rest of the day. Until next time...!
Senate minority leader Chuck Schumer said the Trump administration’s ‘chaos’ on immigration is a problem of the president’s own making.Senate minority leader Chuck Schumer said the Trump administration’s ‘chaos’ on immigration is a problem of the president’s own making.
Speaking on the Senate floor, Schumer said Trump “cannot keep changing personnel, changing strategy, tweeting your way through a problem as serious” as immigration.Speaking on the Senate floor, Schumer said Trump “cannot keep changing personnel, changing strategy, tweeting your way through a problem as serious” as immigration.
“Chaos stems from one source and one source only,” the Democratic leader said.“Chaos stems from one source and one source only,” the Democratic leader said.
“I hope that the president or some of the people around him will realize that his administration is far from a fine-tuned machine. It’s a slow-motion disaster that the American people see in action every day.”“I hope that the president or some of the people around him will realize that his administration is far from a fine-tuned machine. It’s a slow-motion disaster that the American people see in action every day.”
House Democratic leaders have canceled a planned vote on a budget proposal after amid internal opposition from moderates and progressives alike.House Democratic leaders have canceled a planned vote on a budget proposal after amid internal opposition from moderates and progressives alike.
According to Politico, progressives believe the budget measure provides a disproportionate amount of funding to the Pentagon, as opposed to domestic programs; moderates, meanwhile, think the legislation is too costly.According to Politico, progressives believe the budget measure provides a disproportionate amount of funding to the Pentagon, as opposed to domestic programs; moderates, meanwhile, think the legislation is too costly.
The debate over the bill, which will set budget caps for the next year, is a test of the Democratic Party’s priorities as they mark 100 days in control he House majority.The debate over the bill, which will set budget caps for the next year, is a test of the Democratic Party’s priorities as they mark 100 days in control he House majority.
The party is poised to huddle behind closed doors this week at an annual retreat just outside of Washington.The party is poised to huddle behind closed doors this week at an annual retreat just outside of Washington.
Looks like they’ve got their work cut out for them!Looks like they’ve got their work cut out for them!
Faced with mounting pressure, Senator Bernie Sanders has pledged to release ten years of tax returns by Monday.
Sanders, the perceived frontrunner for the 2020 Democratic presidential nomination, told the New York Times he would release the returns by Tax Day on 15 April.
“We wanted to release 10 years of tax returns. April 15, 2019, will be the 10th year, so I think you will see them,” Sanders said in an interview published Tuesday afternoon.
Sanders has been pressed in recent weeks on when he will release his tax returns, particularly as other Democratic candidates make their own financial records public. Reports have indicated that Sanders’ campaign has been less than forthcoming about the process, even as the senator insisted they will not contain any particularly noteworthy information.
The lack of clarity led to some comparisons between Sanders and Donald Trump, who in 2016 refused to release his tax returns – thus breaking a 40-year precedent of major-party candidates.
Sanders chafed at the notion that there were any parallels between him and the president.
“Not being a billionaire, not having investments in Saudi Arabia, wherever he has investments, all over the world, mine will be a little bit more boring,” he said.
“On the day in the very immediate future, certainly before April 15, we release ours, I hope that Donald Trump will do exactly the same,” Sanders added.
The senator also downplayed his own status as a millionaire and whether he was now part of the club he has railed against throughout his political career.
“I wrote a best-selling book,” Sanders said. “If you write a best-selling book, you can be a millionaire, too.”
Speaking of hearings, sounds like Democrats aren’t exactly rolling out the red carpet for secretary of state Mike Pompeo...
Pompeo in Senate hearing on State's proposed budget today.Sen. Leahy: "I hope this time when I submit questions for the record they'll actually get answered"Pompeo: I'll do my best, Senator"Leahy: "You didn't last time, but thank you."
Feisty!
“Sen. Leahy” refers to Patrick Leahy, the OG senator from Vermont (sorry Bernie). He’s also a massive Batman fan and has appeared in several of the caped crusader films, because sure, why not? (More on hat bit here...)
My colleague Lois Beckett reports on a hearing in the House of Representatives on hate crimes and white nationalism:
A House Judiciary committee hearing today on hate crimes and the threat of white nationalism highlighted the Republican Party’s unwillingness to treat white supremacist terror as a serious threat.
The YouTube live stream of the hearing itself provided a dramatic example of how social media companies are struggling with how to deal with racism and hate on their platforms.
In the middle of the hearing, YouTube announced that it was disabling comments on its live stream, because of the proliferation of racist and anti-semitic remarks it had prompted.
In the most meta thing today, the House Judiciary Committee has a YouTube livestream of its hearing on hate on social media. The live comments are.... full of hate. https://t.co/2ZODaGTcgr pic.twitter.com/us3kNq6Nar
Hate speech has no place on YouTube. We’ve invested heavily in teams and technology dedicated to removing hateful comments / videos. Due to the presence of hateful comments, we disabled comments on the livestream of today’s House Judiciary Committee hearing.
But when one Democratic congressman cited this real-time incident as an example of the challenge companies are facing, a Republican congressman asked if the comments might just be “another hate hoax.”
Nadler is reading my story out loud at the hearing right now. Nadler: "This just illustrates part of the problem we're dealing with"Gohmert: "Could that be another hate hoax... just keep an open mind" https://t.co/vdvth6ml6j
Jerry Nadler acknowledges that YouTube had to ban comments from the committee's livestream because of racists. Gohmert cuts in: "Could that be another hate hoax?"
The hearing came weeks after a white supremacist terror attack on two mosques in New Zealand, which left 50 people dead. The shooter, who appeared to be deeply familiar with the inside jokes and preoccupations of online white supremacist communities, live-streamed his murder of Muslim worshippers. Footage of the shooting spread swiftly on Facebook and YouTube.
While representatives from Facebook and Google had been called to answer Congressional questions about the ways that racist terrorists have used social media platforms for mobilization and recruitment, much of the hearing was derailed by partisan attacks from Republican lawmakers and their witnesses, including Twitter-famous conservative provocateur Candace Owens, who had been named in the manifesto of the New Zealand mosque shooter as one of his inspirations.
The reference to Owens, who is black, in an explicitly white nationalist manifesto was likely sarcastic, and an attempt to manipulate and confuse news coverage of the shooting. But Owens’ response to the use of her name in the manifesto-- she tweeted “LOL”--was criticized as inappropriate.
Owens, who previously appeared on the conspiracy website InfoWars, used her Congressional testimony today to cast doubt on how much white nationalism was a real threat, to accuse Democrats of fearmongering over white supremacist terror and racism as a way to win votes in 2020, and to promote her personal campaign of encouraging black Americans to leave the Democratic party, which she calls “Blexit.”
Republicans chose to bring Candace Owens here. And as their witness, she has said that the hearing -- and the focus on white nationalism and supremacy -- amount to "nothing more than election strategies" for Dems in 2020.
Owens testified alongside experts who track the proliferation of hate groups across the United States, and alongside Dr Mohammad Abu-Salha, a Muslim American whose two daughters and son-in-law were shot to death by a white man in North Carolina in 2015.
The man, a neighbor, had previously made it clear to his daughters, who wore head scarves, that they were unwelcome in the neighborhood, he said.
What's the word for Candace Owens, in a hearing about white nationalist violence, complaining about how she was victimized by being labeled a "conservative activist" while sitting next to a man whose two daughters and son-in-law were murdered in a hate crime?
Some observers said the repeated questions to Dr. Abu-Salha about whether Islam teaches hate were a troubling, particularly in a hearing that followed a terror attack in which innocent Muslim worshippers were the the victims.
Dr. Mohammad Abu-Salha was called as a witness for the #HateCrimeHearing to offer a victim’s perspective, because of the killings of his daughters & son-in-law. Instead he’s been asked repeatedly to explain Islamic teachings on hate & whether he taught his kids to hate.
An investigative reporter who has covered white nationalism in America for years called the hearing “dispiriting,” and said it highlighted “how incapable” the government is when it comes to “confronting the crisis of fascist violence.”
I knew this House hearing on white nationalism would be awful, but it's actually hard to describe how dispiriting it is to watch this thing, to see how utterly incompetent our government is, and how incapable it is of confronting the crisis of fascist violence
Hello everyone! Sabrina Siddiqui here, taking over for the next few hours ... which in Trump’s Washington, already feels like days.
I would say let’s hope we’re soon heading into a quiet evening. But who am I kidding?
Stay tuned!
Hold on to your hats, folks, the afternoon is young. Handing over from a brief blogging stint out of New York to my colleague in Washington DC, Sabrina Siddiqui.
Attorney general William Barr was quizzed at a hearing on Capitol Hill and said he expects to issue the Mueller report to Congress – with color-coded redactions – within a week.
Senior Republicans are urging Donald Trump not to continue his purge of the top echelons of the Department of Homeland Security.
The president is denying that he will reinstate a family separations policy at the border, while others debunk his claims that it was all Obama’s doing anyway.
Treasury secretary Steve Mnuchin says US bracing for Britain to crash out of the European Union with no deal, aka a “hard Brexit”.
A congressional hearing on hate crimes and white nationalism was trolled when a live stream of the proceedings was bombarded with racist and antisemitic comments from internet users.
John Kerry gives a huge shout out to AOC on climate change
To wit, in a busy day of hearings, former Secretary of State and Democratic presidential candidate John Kerry earlier gave testimony on Capitol Hill and praised representative Alexandria Ocasio-Cortez, the much buzzed-about social media wizard, scourge of the right and freshman Democrat of New York.
“Congresswoman Ocasio-Cortez has...offered more leadership in one day or in one week than #PresidentTrump has in his lifetime on this,” Kerry said on climate change.
Some video below.
ICYMI: @JohnKerry praises Rep @AOC efforts to combat #climatechange as opposed to #PresidentTrump who refuses to lead on this issue. “Congresswoman Ocasio-Cortez has in fact offered more leadership in one day or in one week than #PresidentTrump has in his lifetime on this. " pic.twitter.com/iQEtLpHZWA
It’s been a busy day for congressional hearings.
Mnuchin mentioned Brexit earlier today at a hearing of the US House Committee on Financial Services.
The United States is monitoring the developments around United Kingdom’s exit from the European Union and has been working with regulators to prepare for any market or trade disruptions, he said.
Treasury Secretary Steven Mnuchin says US is preparing for a ‘hard Brexit’
Mnuchin has told politicians on Capitol Hill today that America is making preparations for Britain to crash out of the European Union without a deal, AKA a hard Brexit, calling it “a very realistic outcome”.
Mnuchin tells House lawmakers: “At this point we need to prepared for a hard Brexit as a very realistic outcome,” says U.S. financial institutions are prepared but there could be significant market disruptions.
Hearing on Capitol Hill on hate crime and white nationalism becomes a bit too real.
A congressional hearing on online hate turned into a vivid demonstration of the problem earlier today when a YouTube live stream of the proceedings was bombarded with racist and antisemitic comments from internet users, the AP writes.
YouTube disabled the live chat section of the streaming video about 30 minutes into the hearing because of what it called “hateful comments.”
The incident came as executives from Google and Facebook appeared before the House judiciary committee to answer questions about the companies’ role in the spread of hate crimes and the rise of white nationalism in the US.
They were joined by leaders of such human rights organizations as the Anti-Defamation League and the Equal Justice Society, along with conservative commentator Candace Owens.
Neil Potts, Facebook director of public policy, and Alexandria Walden, counsel for free expression and human rights at Google, defended policies at the two companies that prohibit material that incites violence or hate. Google owns YouTube.
“There is no place for terrorism or hate on Facebook,” Potts testified. “We remove any content that incites violence.”
The hearing broke down into partisan disagreement among the lawmakers and among some of the witnesses, with Republican members of Congress denouncing as hate speech Democrat Ilhan Omar’s criticism of American supporters of Israel.
As the bickering went on, committee chairman Representative Jerrold Nadler of New York was handed a news report that included the hateful comments about the hearing on YouTube.
He read them aloud, along with the users’ screen names, as the room quieted. “This just illustrates part of the problem we’re dealing with,” Nadler said.
The hearing was prompted by the mosque shootings last month in Christchurch, New Zealand, that left 50 people dead.
The gunman live-streamed the attacks on Facebook and published a long post online that espoused white supremacist views.
But controversy over white nationalism and hate speech has dogged online platforms such as Facebook and Google’s YouTube for years.