Anger Erupts at Republican Town Halls
CNN – More than seven years after angry anti-Obamacare town halls erupted across the country, raw emotions are boiling over again — this time, as the Republican Party under President Donald Trump gears up to dismantle Barack Obama’s legacy.
And the fury is flaring up in some of the most conservative corners of the country. On Thursday night, two Republican members of Congress — Reps. Jason Chaffetz of Utah and Diane Black of Tennessee — were each confronted with impassioned constituents during simultaneous events. The shouted questions, emotional pleas and raucous protesters of the evening crystalized the GOP’s tough political road ahead as it forges ahead with rolling back Obama’s accomplishments, including the Affordable Care Act.
Divided Senate Approve Tom Price for Health and Human Services Secretary
L.A. Times – Rep. Tom Price won Senate confirmation early Friday to be Health and Human Services secretary, overcoming bitter opposition from Democrats who have criticized the Georgia congressman’s calls to repeal the Affordable Care Act and scale back Medicare, Medicaid and other government safety net programs.
Price is now expected to assume a leading role in helping guide the Republican effort to roll back the healthcare law, often called Obamacare, and to develop an alternative.
GOP lawmakers, despite years of pledging to replace the law, are scrambling to settle on a strategy and overcome divisions within the party.
That has repeatedly delayed the repeal, which President Trump and congressional Republicans once said would be done within days of Trump’s inauguration.
To date, neither Trump nor senior GOP lawmakers have produced legislation to either repeal the current law or replace it. And last weekend, Trump hinted that the “repeal and replace” effort could drag into 2018.
Deutsche Boerse Warns Against Hasty Changes to U. S. Banking Rules
Reuters – German exchange operator Deutsche Boerse (DB1Gn.DE) warned on Friday the United States should be cautious in any revamp of banking regulations to ensure the lessons of the financial crisis are not forgotten.
U.S. President Donald Trump has ordered reviews of major banking rules that were put in place after the 2008 financial crisis, drawing fire from Democrats who said his order lacked substance and squarely aligned him with Wall Street bankers.
Deutsche Boerse said in a statement that “sustainable growth and the future prosperity of our society require a sound basis of financial stability”.
House Democrats Divided on Agenda Under Trump
The Guardian – In Baltimore, familiar faces stood at a podium, presenting a familiar slogan. In a stab at increased relevance, the slogan had acquired a hashtag: #FightingforAll. In the age of Donald Trump, House Democrats were seeking to frame their core message.
We believe in an economy that works for everyone, not just the privileged few,” said Nancy Pelosi, the House minority leader. She paused, perhaps thinking to have caught herself repeating a platitude of the kind expected from those who work in Washington.
“It sounds like a cliche, but it is a fact,” she said, with a shrug.
This is a moment of reckoning for Democrats, who were in Baltimore for an annual retreat to discuss strategy and vision. They had expected to start the year working with President Hillary Clinton and a Senate majority. Instead, for the first time in a decade, they were without control of the White House or either chamber of Congress.