Experts believe a wider spat with Europe would be much more damaging than the current tit-for-tat with China.Traderead more
After the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting.Market Insiderread more
The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
Markets pay particular attention to Italy's spending, given its public debt pile. This stands at above 130% of its growth rate, one of the highest in the world.Politicsread more
Flight bookings to Hong Kong have fallen 10%, hit by the unrest in the city, said Alan Joyce, the chief executive of Australian carrier Qantas Airways.Airlinesread more
Analysts generally doubt how effective the People Bank of China's latest interest rate announcement will be in significantly helping businesses grow.China Economyread more
These in-demand skills can command top pay packets, says Feon Ang of professional networking site LinkedIn.Get Aheadread more
Japanese manufacturing activity shrank for a fourth straight month in August as export orders fell at a sharper pace.Asia Marketsread more
The Washington governor had centered his campaign around climate change, calling it "the most urgent challenge of our time."Politicsread more
The inversion is seen by many veteran traders as an important recession omen, though the timing on the eventual downturn is less predictable.Bondsread more
Here's what Nordstrom reported for its fiscal second-quarter earnings.Retailread more
First Read is a morning briefing from Meet the Press and the NBC Political Unit on the day's most important political stories and why they matter
Here's how Republicans can still get health care through Congress
This week's health-care rollout couldn't have gone worse for Republicans. Conservative and moderate GOPers have their own problems with the House legislation. Major pillars of industry (hospitals, doctors, nurses) are in opposition. Not a single Democratic lawmaker supports it. And there are already projections that as many as 15 million Americans will lose their health-insurance coverage over 10 years — all before the Congressional Budget Office weighs in.
As conservative wonk Yuval Levin writes, "The House Republicans have managed to propose an approach to health reform that almost no one really likes." All that said, there's still a chance that Republicans can send President Trump a health-care overhaul that he can sign into law, although that chance doesn't look as strong as it might have before this week. Here's how they can get it done:
So this is all quite a tightrope for Republicans to walk. Can it still pass? Absolutely. Will it be easy? No way. And keep in mind: The real Democratic attacks haven't even begun.
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Comey comes to Capitol Hill to talking Russian meddling, Trump Tower
What also will be challenging for the GOP health-care effort is unwelcome Trump news that has NOTHING to do with health care. NBC News: "FBI Director James Comey met with key Senate lawmakers Thursday, where he discussed matters relating to the alleged wire-tapping of Trump Tower, a congressional source familiar with the ongoing investigation into Russian meddling in the 2016 election told NBC News. Comey met with Sens. Mitch McConnell, Chuck Schumer, Richard Burr and Mark Warner, followed by a meeting with Speaker Paul Ryan and Minority Leader Nancy Pelosi, along with Reps. Adam Schiff and Devin Nunes. Comey declined to answer a question as he went into the House meeting about whether there was ever a legal wiretap at Trump Tower. " More: "Last weekend, President Donald Trump accused former President Barack Obama of wiretapping in Trump Tower during the presidential election. Neither Trump nor White House has offered any evidence to back up the charge. Obama and then-Director of National Intelligence James Clapper responded that it never happened. "
Trump's ousted national security adviser registered as a foreign agent helping Turkey
Here's another problematic story for the Trump administration: "Michael Flynn, who was President Donald Trump's former national security adviser until being fired last month, has registered with the Justice Department as a foreign agent for $530,000 worth of lobbying work before Election Day that may have aided the Turkish government," per the AP. "Paperwork filed Tuesday with the Justice Department's Foreign Agent Registration Unit said Flynn and his firm were voluntarily registering for lobbying from August through November that 'could be construed to have principally benefited the Republic of Turkey.' It was filed by a lawyer on behalf of the former U.S. Army lieutenant general and intelligence chief. After his firm's work on behalf of a Turkish company was done, Flynn agreed not to lobby for five years after leaving government service and never to represent foreign governments."
How out of the loop is the State Department?
Yesterday, the U.S. State Department's spokesman admitted that he didn't know Mexico's foreign minister was in Washington, D.C.
QUESTION: Hi. Yes, thank you. Hi, Mark. I see that the foreign minister of Mexico is in town, Luis Videgaray, meeting with - according to the Mexicans - Kushner, Gary Cohn, and McMaster. Is there no State Department meeting with him? And if not, why not?
MR TONER: Tracy, good question. We'll take that and get back to you. I was unaware that he was - the foreign minister was in town. And I'm not sure - I can't speak to whether there's going to be any meetings at the State Department at any level. I'll take the question.
A State Department official tells NBC's Abigail Williams, "The Foreign Minister knows he has an open invitation to visit or call anytime he needs to. [Secretary of State Rex Tillerson] believes they have had some very productive exchanges over the past few weeks and is looking forward to more in the near future. " But as the Washington Post's David Ignatius writes, "Rex Tillerson is off to an agonizingly slow start as secretary of state. That matters, because if Tillerson doesn't develop a stronger voice, control of foreign policy is likely to move increasingly toward Stephen K. Bannon, the insurgent populist who is chief White House strategist."
Have ethics watchdogs who want a court to consider whether President Trump has violated the Constitution's Emoluments Clause found a case with standing? "A Washington restaurant filed an unfair competition lawsuit Thursday against President Donald Trump and the company that runs his D.C. hotel, claiming he's siphoning away customers who hope to 'curry favor' with his administration," NBC's Rich Gardella and Tracy Connor write. "Cork Wine Bar, a well-reviewed eatery about 1.5 miles from the $200 million Trump International Hotel, is suing Trump as a private businessman and not as president, but suggests that he could remedy the problem by resigning. Alan Garten, a lawyer for the Trump Organization, called it 'a wild publicity stunt completely lacking in legal merit.'" More: "Cork Wine Bar's owners — progressive activist Khalid Pitts and his wife, Diane Gross — argue that because Trump is president, his hotel and its bars and restaurants have become the top destination for lobbyists, foreign dignitaries and others hoping to influence the White House."
Analyzing Trump's tweets
NBCNews.com put together a series of in-depth data visualizations of Trump's tweets, 50 days into his presidency. Check out his average tweet times, the much-discussed Android/iPhone divide, how the frequency of his tweets maps against his approval rating, and much more here.
The president holds a health-care discussion with GOP House committee chairmen at 11:30 am ET… Trump has lunch with Secretary of State Tillerson at 12:45 pm ET… And he meets with HUD Secretary Carson at 3:30 pm ET.
What were other presidents doing on March 10?
Heading to SXSW? So is Chuck!
Hear from him this Tuesday, March 14th at 5 p.m. CT as he explores if big data is destroying the U.S. political system along with Cornell Belcher and Sara Fagen: