Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
NBC is taking the office back from Netflix as it seeks to bolster its own streaming service launching in 2020.Technologyread more
Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.Retailread more
Micron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.Technologyread more
Omarosa Manigault Newman, who had been a senior advisor to President Donald Trump before her firing, was sued for allegedly failing to file required financial disclosures.Politicsread more
San Francisco on Tuesday became the first city in the country to ban e-cigarettes after city officials voted in favor of an ordinance that prohibits the sale of any...Health and Scienceread more
See which stocks are posting big moves after the bell on June 25.Market Insiderread more
Sen. Jeff Flake hopes President Donald Trump will face a primary opponent in 2020. The Arizona Republican just doubts he will challenge the president himself, he said Monday.
The retiring Trump critic's comments came even as he heads to New Hampshire, the nation's first primary state, for the second time this year. He is fresh off a dramatic political moment on Friday, when he joined Democrats and a couple other Republicans in calling for Senate leaders to delay a vote on Supreme Court nominee Brett Kavanaugh while the FBI investigates sexual misconduct accusations against the appeals court judge.
"I've said that I do hope that somebody else runs in the Republican primary," Flake said at the Forbes 30 Under 30 event in Boston. "This is — the Republican Party is the president's party right now. But it won't always be. And it can't be if we're going to be a major political force in the future."
"I don't see that happening in my case," he said. "I will give a speech in New Hampshire tonight. But just if nothing else, in memoriam of what a Republican Party should be."
The senator has tried to build a brand as a conservative with a conscience during Trump's chaotic first term, and cast himself as a potential alternative. Flake has slammed the president's attacks on the press and his immigration and tariff policies. While he has voted against Trump's priorities more than most of his GOP colleagues, he remains a conservative, voting with his party on its tax plan and an Affordable Care Act repeal bill.
Flake would have a difficult task gaining any traction in a Republican primary against Trump. Republican midterm primary voters showed their loyalty to the president by punishing some candidates who bucked him and boosting others who tied themselves closely to him.
Flake's stances have angered many Trump supporters, and the president himself supported a primary challenge against the senator before he announced his retirement. Last year, Trump called Flake "toxic" and "WEAK on borders, crime and a non-factor in the Senate."
Flake was at the center of a dramatic Senate moment on Friday. In the morning, he announced he would support Kavanaugh, only hours after the judge and his sexual assault accuser, Christine Blasey Ford, appeared before the Senate Judiciary Committee in dramatic testimony.
After Flake's announcement, two women who said they were assaulted confronted the senator in the Capitol and pressed him about why he backed Kavanaugh. Immediately after at a Judiciary Committee meeting, he visibly frowned and looked down at the table in front of him.
He later left the main meeting room to confer with Democratic colleagues, then came back in and called for a delay in Kavanaugh's confirmation vote before the full Senate to allow for an FBI investigation. Trump subsequently ordered a supplementary background check related to the misconduct accusations.
In an interview on the CBS program "60 Minutes" that aired Sunday, Flake said there was "not a chance" he could have agreed to the compromise deal if he was running for re-election this year.
Flake speaks at the New Hampshire Institute of Politics at Saint Anselm College on Monday night. During his first stop in the Granite State this year, Flake said, "It has not been in my plans to run for president, but I have not ruled it out."
He is among a handful of Republicans who have fueled speculation about a Trump primary challenge. Others include Ohio Gov. John Kasich and Sen. Ben Sasse, R-Neb.