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Westlake Legal Group > News Media (Page 173)

Senators To Be Sworn In For Trump Impeachment Trial

Westlake Legal Group ap_20015770185976_wide-3c2919c8e8000aa8ad7ca7d484c82f9b1f0991b5-s1100-c15 Senators To Be Sworn In For Trump Impeachment Trial

Senate Majority Leader Mitch McConnell, R-Ky., center, walks through the rotunda at the Capitol on Wednesday. Julio Cortez/AP hide caption

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Julio Cortez/AP

Westlake Legal Group  Senators To Be Sworn In For Trump Impeachment Trial

Senate Majority Leader Mitch McConnell, R-Ky., center, walks through the rotunda at the Capitol on Wednesday.

Julio Cortez/AP

The Senate Thursday will take some of its first steps to prepare for next week’s impeachment trial of President Trump, just the third such trial in Senate history.

Like many congressional activities, the process begins with much pomp and circumstance and procedure and process. But little of substance will be achieved until the case for impeachment is presented next week.

First though, there are some housekeeping measures. To start, the seven House managers named by Speaker Nancy Pelosi Wednesday will be escorted to the well of the Senate chamber, and formally read the resolution appointing them, and the two articles of impeachment approved by the House last month.

Sometime after that, the Senate will move to take up the articles, notifying the House and Chief Justice John Roberts of the time that will occur. Roberts will then cross First Street from the Supreme Court building over to the Capitol, and be escorted into the chamber by the Senate president pro tempore, the most senior member of the majority, Sen. Chuck Grassley of Iowa.

Grassley will swear in Roberts to be the presiding officer during the trial, and Roberts will then swear in the 100 Senators to act as jurors.

Senate rules say the president is then summoned and given a chance to respond. President Trump will be primarily represented by two attorneys, White House counsel Pat Cipollone and Jay Sekulow, a private attorney who represented Trump in the Russia investigation.

But that is expected to be the extent of the “action” this week. Senators will likely head home for the Martin Luther King Jr. Day weekend, and the essence of the trial will get under way next Tuesday.

Senators may chafe at some of the conditions they’ll have to deal with once that happens. They are expected to be seated at their desks, and will have to refrain from talking to one another during the arguments.

They’ll need to rise when Chief Justice Roberts enters and exits the chamber, and should votes occur, they’ll have to stand then too.

Perhaps most difficult of all, senators will be separated from their cellphones while in the chamber, and have to check them in their cloakrooms.

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Today on Fox News: Jan. 16, 2020

STAY TUNED

On Fox News: 

Fox & Friends, 6 a.m. ET: Special guests include: South Dakota Gov. Kristi Noem; U.S. Sen. Marsha Blackburn, R-Tenn.; U.S. Sen. Tom Cotton, R-Ark; Judge Andrew Napolitano, Fox News senior judicial analyst and more

On Fox News Radio:

The Fox News Rundown podcast: “Articles Delivered: Historic Trump Impeachment Trial Set to Begin” – The House of Representatives voted Wednesday to send the articles of impeachment against President Trump to the Senate paving the way for the long-awaited and historic Senate trial after weeks of delay. 2020 Democratic candidate Tom Steyer weighs in on impeachment, the upcoming Iowa Caucuses and New Hampshire primary, his surge in a recent Fox News poll and how he plans to take on the president by using the economy against him.

Also on the Rundown: Last week¸ Rep. Matt Gaetz, R-Fla., shocked many when he sided with House Democrats by voting in favor of the War Powers Resolution. The measure was seen as a rebuke to President Trump and a way to restrict his authority to strike Iran without congressional approval. Rep. Gaetz, who is one of the president’s biggest supporters in the House, joins the Rundown to explain why he made the controversial decision to split with the White House.

Plus, commentary by Jimmy Failla, head writer for “Kennedy” on Fox Business.

Want the Fox News Rundown sent straight to your mobile device? Subscribe through Apple Podcasts, Google Play, and Stitcher.

The Brian Kilmeade Show, 9 a.m. ET: Special guests include: Chris Wallace, host of “Fox News Sunday,” U.S. Sen. Mike Braun, Dr. Jennifer Ashton and more.

Westlake Legal Group fox-news-channel-logo Today on Fox News: Jan. 16, 2020 fox-news/media fox-news/entertainment/media fox news fnc/media fnc bc5eee12-1bf3-5875-b572-76889f5f3ecd article   Westlake Legal Group fox-news-channel-logo Today on Fox News: Jan. 16, 2020 fox-news/media fox-news/entertainment/media fox news fnc/media fnc bc5eee12-1bf3-5875-b572-76889f5f3ecd article

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Meghan Markle, Prince Harry: Will Prince Charles still help out?

Westlake Legal Group Charles-meghan-harry Meghan Markle, Prince Harry: Will Prince Charles still help out? Nate Day fox-news/world/personalities/will fox-news/world/personalities/queen fox-news/world/personalities/kate fox-news/world/personalities/british-royals fox-news/topic/royals fox-news/person/prince-harry fox-news/entertainment/celebrity-news/meghan-markle fox-news/entertainment fox news fnc/entertainment fnc df20e7e2-4774-5011-a8ff-3decf7399d3c article

One of the many lingering questions following “Megxit” is whether Prince Charles will continue to provide monetarily for Prince Harry and Meghan Markle.

When they announced that they plan to “step back” from their royal duties, Harry, 35, and Meghan, 38, also said that they’re working to become “financially independent” as well, which means they won’t be living on the taxpayer’s dime.

In the past, Prince Charles, 71, has received income from the Duchy of Cornwall which he then divides amongst himself, his wife, his sons and his daughters-in-law to support themselves and their philanthropic work.

JUSTIN TRUDEAU ON MEGHAN MARKLE, PRINCE HARRY’S SECURITY COSTS: ‘WE’RE NOT ENTIRELY SURE’ IF CANADA WILL HELP

According to the Wall Street Journal, the Duchy of Cornwall brought in over 20 million pounds last year.

According to Shannon Felton Spence, former head of Politics and Communications for the British Consulate-General of Boston, the Sussexes claim that the Duchy of Cornwall covers 95 percent of their costs, while the remaining comes from the Sovereign Grant.

If Harry and Meghan were to no longer receive money from the Duchy of Cornwall, it wouldn’t go to waste.

“If the Prince of Wales no longer provided the funds for the office of the Duke and Duchess of Sussex — as they have stated in their desire to be ‘financially independent,’ the Prince would then be able to allocate that money towards the philanthropic efforts of the remaining senior members of the Royal Family,” Spence said to Fox News. “Namely himself, the Duchess of Cornwall, and the Duke and Duchess of Cambridge.”

One of the rumors swirling about is that Charles will charge Harry and Meghan rent to live in Frogmore Cottage, the home that recently underwent a taxpayer-funded renovation to better suit a family with a small child.

MEGHAN MARKLE DIDN’T CALL INTO ROYAL FAMILY SUMMIT WITH THE QUEEN BECAUSE IT WASN’T ‘NECESSARY’

Spence, however, feels that will not happen.

“The palaces of London contain many different apartments and cottages than members of the Royal Family are gifted by HM The Queen,” said Spence. “This doesn’t mean they own that residence, but rather, they are allowed to live there rent-free.”

Spence pointed out that Princess Eugenie and her husband live in a cottage at Kensington Palace very close to Harry and Meghan’s original home (before Frogmore) despite not being considered working members of the Royal Family.

Julie Montagu, herself a member of the British nobility known as Viscountess Hinchingbrooke, told Fox News that the Duchy of Cornwall is similar to a trust fund for Charles and his family, Harry included.

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“Charles could do with [the money] what he wants to do with it,” said Montagu. “No doubt there will be talks about how much Megan and Harry get.”

Fox News’ Stephanie Nolasco contributed to this report.

Westlake Legal Group Charles-meghan-harry Meghan Markle, Prince Harry: Will Prince Charles still help out? Nate Day fox-news/world/personalities/will fox-news/world/personalities/queen fox-news/world/personalities/kate fox-news/world/personalities/british-royals fox-news/topic/royals fox-news/person/prince-harry fox-news/entertainment/celebrity-news/meghan-markle fox-news/entertainment fox news fnc/entertainment fnc df20e7e2-4774-5011-a8ff-3decf7399d3c article   Westlake Legal Group Charles-meghan-harry Meghan Markle, Prince Harry: Will Prince Charles still help out? Nate Day fox-news/world/personalities/will fox-news/world/personalities/queen fox-news/world/personalities/kate fox-news/world/personalities/british-royals fox-news/topic/royals fox-news/person/prince-harry fox-news/entertainment/celebrity-news/meghan-markle fox-news/entertainment fox news fnc/entertainment fnc df20e7e2-4774-5011-a8ff-3decf7399d3c article

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Lindsey Graham Wants To ‘End This Crap’ As Quickly As Possible

Westlake Legal Group 5e20302c2200003200472a25 Lindsey Graham Wants To ‘End This Crap’ As Quickly As Possible

Sen. Lindsey Graham (R-S.C.) on Wednesday said he wants the imminent Senate impeachment trial of Donald Trump over the Ukraine scandal to be concluded swiftly because “the best is yet to come” from the president.

Graham, who despite his pre-2016 election misgivings about Trump has now become one of president’s staunchest defenders, told Fox News host Sean Hannity “the best thing for the American people is to end this crap as quickly as possible.”

“To have a trial in the Senate,” he continued. “Bipartisan acquittal of the president and on February 4th when the president comes into the House chamber to deliver the State of the Union, he will have been acquitted by the Senate, he will be the strongest he’s ever been politically.”

“And when it comes to Donald Trump, all that stuff you’ve just named, the best is yet to come Sean,” Graham added.

Members of the House formally marched the two articles of impeachment (abuse of power and obstruction of Congress) over to the Senate on Wednesday. Graham had earlier predicted how a backlash to Trump’s likely acquittal in the GOP-controlled Senate could play out for Republicans.

“We’re going to get the House back, we’re going to keep the Senate majority and President Trump’s gonna be re-elected and one of the reasons is the way they’ve conducted themselves,” he claimed.

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Pelosi hands out commemorative pens as House transmits Trump impeachment articles to Senate

Good morning and welcome to Fox News First. Here’s what you need to know as you start your day …

House transmits Trump impeachment articles to Senate, paving way for historic trial
House Speaker Nancy Pelosi, D-Calif., on Wednesday signed the formal articles of impeachment brought last month against President Trump and House Democrats carried the articles in a dramatic procession across the U.S. Capitol to the Senate, setting the stage for a historic trial where Trump’s presidency will be at stake.

Westlake Legal Group pelosi-pens Pelosi hands out commemorative pens as House transmits Trump impeachment articles to Senate fox-news/columns/fox-news-first fox news fnc/us fnc article 6fa42392-de2d-5fbb-8415-b43d654e4958

The pens that House Speaker Nancy Pelosi of Calif., will use to sign the resolution to transmit the two articles of impeachment against President Donald Trump to the Senate for trial on Capitol Hill in Washington, Wednesday, Jan. 15, 2020. . (AP Photo/Susan Walsh)

Pelosi drew criticism for handing out commemorative pens — with her name on them — after signing a resolution to transmit the articles of impeachment against Trump. She needled the president at the news conference announcing her impeachment managers, saying, “He’s been impeached forever. They can never erase that.”

To critics, the tone of the event seemed celebratory — a far cry from December, when Pelosi and other Democrats wore black and insisted on the House floor it was a “solemn” day before the Democrat-controlled body voted to impeach Trump.

Senate Majority Leader Mitch McConnell, R-Ky., said the Senate will meet with the House managers at noon on Thursday to officially receive the articles of impeachment. Wednesday’s mostly partly-line House vote to deliver the charges was 228-193, reflecting the deeply divided nation at the start of this presidential election year.

The Senate will transform itself into an impeachment court on Thursday. The Constitution calls on Chief Justice John Roberts to preside at the trial, administering the oath to senators who will serve as jurors and swear to deliver “impartial justice.” Opening arguments are to begin next Tuesday after the Martin Luther King Jr. holiday.

The president’s team expects acquittal in the Republican-majority Senate. The Senate trial is not expected to last more than two weeks, according to senior administration officials unauthorized to discuss the matter and granted anonymity. Click here for more on our top story.

Other developments in Trump’s impeachment:
– Jonathan Turley: Pelosi ‘played into’ McConnell’s hands
– Meet Pelosi’s handpicked impeachment managers
– Meet Trump’s impeachment defense team

Westlake Legal Group AP20013742869046-1-1 Pelosi hands out commemorative pens as House transmits Trump impeachment articles to Senate fox-news/columns/fox-news-first fox news fnc/us fnc article 6fa42392-de2d-5fbb-8415-b43d654e4958

FILE – In this Dec. 2, 2019, file photo, Lev Parnas arrives at court in New York. Parnas, a close associate of President Donald Trump’s personal lawyer, Rudy Giuliani, has provided a trove of text messages and photos to the House committee leading the impeachment inquiry. (AP Photo/Seth Wenig, File)

Giuliani associate Parnas, in rare interview, undermines Dems’ claims that Trump team surveilled Ukraine ambassador
Lev Parnas, the indicted associate of President Trump’s personal lawyer Rudy Giuliani, on Wednesday night undercut House Democrats’ explosive new suggestion that the Trump team had former U.S. ambassador to Ukraine Marie Yovanovitch under surveillance — saying in a televised interview that text messages that seemingly suggested Yovanovitch was being secretly monitored were in reality just the ramblings of a “drunk.”

Speaking on MSNBC’s “The Rachel Maddow Show,” Parnas repeatedly said prominent Trump donor Robert F. Hyde wasn’t being serious when he claimed to know Yovanovitch’s whereabouts in Kiev. Click here for more

Fox Business Exclusive – Pence: More deals to come after phase one of US-China trade agreement
Mere hours after President Trump signed phase one of the U.S.-China trade agreement, Vice President Mike Pence hailed the agreement on Fox Business’ “Lou Dobbs Tonight” as a prime example of Trump “fighting for free and fair and reciprocal trade.”

In an exclusive interview with Lou Dobbs, Pence promised more deals are ahead. “Before the end of this week, we’ll see the United States Senate approve the largest trade deal in American history,” Pence said.

Pence was referring to the United States-Mexico-Canada Agreement (USMCA) – the replacement for NAFTA — which he assured Dobbs “will be headed to the president’s desk” for signing. Click here for more.
 
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#TheFlashback: CLICK HERE to find out what happened on “This Day in History.”
 
SOME PARTING WORDS

Tucker Carlson says supporters of Sen. Bernie Sanders now understand why President Trump attacks CNN so much after watching the network seemingly side with Sen. Elizabeth Warren during Tuesday’s debate.

Not signed up yet for Fox News First? Click here to find out what you’re missing.
 
Fox News First is compiled by Fox News’ Bryan Robinson. Thank you for making us your first choice in the morning! Enjoy your day! We’ll see you in your inbox first thing Friday morning.

Westlake Legal Group PelosiPensA_011620 Pelosi hands out commemorative pens as House transmits Trump impeachment articles to Senate fox-news/columns/fox-news-first fox news fnc/us fnc article 6fa42392-de2d-5fbb-8415-b43d654e4958   Westlake Legal Group PelosiPensA_011620 Pelosi hands out commemorative pens as House transmits Trump impeachment articles to Senate fox-news/columns/fox-news-first fox news fnc/us fnc article 6fa42392-de2d-5fbb-8415-b43d654e4958

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Alexandria Ocasio-Cortez Rips Rand Paul Over GOP’s ‘Spaceballs’ Climate Agenda

Westlake Legal Group 5e201bf822000056004729f9 Alexandria Ocasio-Cortez Rips Rand Paul Over GOP’s ‘Spaceballs’ Climate Agenda

Rep. Alexandria Ocasio-Cortez (D-N.Y.) pulled no punches after Sen. Rand Paul (R-Ky.) mocked her concern over the climate crisis on Twitter.

Paul on Wednesday wrote:

Ocasio-Cortez, whose signature policy proposal is the sweeping Green New Deal that aims to make the U.S. carbon-neutral by 2030, fired back five hours later.

She accused Rand of taking her old hyperbolic warning about the world ending in 12 years out of context and called the GOP’s climate agenda “about as fictional as” the plot of the Mel Brooks-directed 1987 satirical sci-fi movie “Spaceballs.”

Ocasio-Cortez last year warned the “world is going to end in 12 years if we don’t address climate change,” later tweeting that “you’d have to have the social intelligence of a sea sponge to think” she was being literal.

“This is a technique of the GOP, to take dry humor + sarcasm literally and ‘fact check’ it,” she wrote, before likening the Republican Party to “The Office” character Dwight Schrute.

Leading climate scientists warned in 2018 that there was only 12 years left to avert catastrophic consequences by keeping the planet from warming more than 1.5 degrees Celsius (2.7 degrees Fahrenheit) above pre-industrial levels.

The Trump White House, however, has pursued a decidedly anti-environmental agenda and President Donald Trump himself has repeatedly described climate change as a “hoax” and “bullshit.”

Ocasio-Cortez’s response to Rand was well-received on Twitter:

Check out the “Spaceballs” trailer here:

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‘OK, Boomer’ uttered in Supreme Court for first time by Chief Justice Roberts in age discrimination lawsuit

Westlake Legal Group rtx38jul 'OK, Boomer' uttered in Supreme Court for first time by Chief Justice Roberts in age discrimination lawsuit fox-news/politics/judiciary/supreme-court fox-news/entertainment/genres/viral fox news fnc/politics fnc Danielle Wallace article 20a6db14-589e-5ffd-af39-169799a36c36

“OK, Boomer,” was uttered for the first time in a Supreme Court session Wednesday as Chief Justice John Roberts, who will turn 65 this month, referenced the phrase used by younger people to dismiss their elders during a case about age discrimination in the workplace.

As the leader of the Supreme Court, Roberts is poised to preside over the upcoming impeachment trial against President Trump – now that House Speaker Nancy Pelosi signed a resolution Wednesday to transmit the two articles to the Senate. The Constitution requires that the vice president, in this case, Mike Pence, who normally presides over the Senate, step out in order to avoid a conflict of interest – he is next in line for the presidency if Trump is removed from office. The chief justice, therefore, is tapped to preside over an impeachment trial.

NEW ZEALAND ‘OK BOOMER’ LAWMAKER, 25, ACCUSED OF AGEISM AFTER QUIP GOES VIRAL

But Roberts used the phrase Wednesday on an unrelated matter – while hearing the case of Department of Veteran Affairs employee, Norris Babb, who claims her bosses “discriminated against her based on her gender and age” and “subjected her to a hostile work environment.”

“The hiring person, who’s younger, says, ‘OK, Boomer,’ once to the applicant,” Roberts asked Babb’s attorney, Roman Martinez, suggesting a hypothetical exchange to determine when an older federal employee might be able to win a lawsuit under the Age Discrimination in Employment Act.

Wednesday was the first time, according to databases of high court arguments, the somewhat pejorative phrase used mostly by millennials and members of Gen Z after going viral on the Internet has been uttered in the Supreme Court, The Associated Press reported.

A “boomer” refers to someone from the baby boomer generation born between 1946 and 1965. Roberts, born Jan. 27, 1955, falls into this group. But justices have lifetime tenure. The nine justices on the Supreme Court range in age from 52 to 86, with Neil Gorsuch the youngest, Ruth Bader Ginsburg the eldest.

MARSHA BLACKBURN CALLS ON WARREN, SANDERS, KLOBUCHAR, BENNET TO RECUSE FROM IMPEACHMENT TRIAL

Under federal law, employees working in the private sector or for state or local governments bear the burden of proving age prompted the discrimination. But Babb’s attorney argued that provisions in the act make it easier for government workers to sue – because they only need to prove age was one of several factors that lead to the negative action, The Washington Post reported.

“So calling somebody a ‘boomer’ and considering them for a position would be actionable?” Roberts asked, seeking clarification for the attorney’s argument.

Yes, Martinez replied, if the remark “was one of the factors going into this decision, I think it absolutely would be covered.”

CLICK HERE FOR THE ALL-NEW FOXBUSINESS.COM

Back in November, a 25-year-old New Zealand lawmaker was accused of ageism after she responded “OK, Boomer” to an older colleague who allegedly heckled her during a debate on climate change.

Fox News’ Stephen Sorace and The Associated Press contributed to this report.

Westlake Legal Group rtx38jul 'OK, Boomer' uttered in Supreme Court for first time by Chief Justice Roberts in age discrimination lawsuit fox-news/politics/judiciary/supreme-court fox-news/entertainment/genres/viral fox news fnc/politics fnc Danielle Wallace article 20a6db14-589e-5ffd-af39-169799a36c36   Westlake Legal Group rtx38jul 'OK, Boomer' uttered in Supreme Court for first time by Chief Justice Roberts in age discrimination lawsuit fox-news/politics/judiciary/supreme-court fox-news/entertainment/genres/viral fox news fnc/politics fnc Danielle Wallace article 20a6db14-589e-5ffd-af39-169799a36c36

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Vertigo: Trump, Pelosi duel for airtime over China, impeachment

Westlake Legal Group 694940094001_6121390345001_6121384964001-vs Vertigo: Trump, Pelosi duel for airtime over China, impeachment Howard Kurtz fox-news/columns/media-buzz fox news fnc/media fnc article 33cb9c8b-bb69-546c-abe0-eeab3ef6e63a

It wasn’t a mere split-screen moment; it was whiplash.

Two major stories collided yesterday on live television as President Trump and House Democrats tried to seize the spotlight from opposite ends of Pennsylvania Avenue, with viewers forced to dart their eyes back and forth as at a tennis match.

And there was a third story—the previous night’s Democratic debate in Iowa—that was blown off the screen, just 12 hours after it ended.

DEMS ABANDON PERSONAL ATTACKS IN DEBATE HEAVY ON FOREIGN POLICY

Nancy Pelosi wanted the focus on her belated move to literally walk the articles of impeachment over to the Senate side. Donald Trump wanted the focus on the partial trade deal he had finally negotiated with China.

Just after 10 eastern, Larry Kudlow, the chief economic adviser, was touting the China agreement on Fox News as MSNBC and CNN were ramping up for a Pelosi presser. The stock-market indexes were hitting all-time highs.

Once Pelosi was introducing Adam Schiff, Jerry Nadler and her other impeachment managers for the Senate trial, all the cable news networks switched to the House speaker.

In the next hour, they all went live to the East Room as the president staged an event to hail the “Phase One” agreement with China. There is journalistic skepticism, to be sure, about whether Beijing will indeed buy $50 billion in U.S. food exports and stop stealing intellectual property in exchange for relief on some American tariffs. But the partial cease-fire was big news.

Trump, in a jovial mood, began thanking, and thanking, and thanking people. He thanked Mike Pence, Kudlow, Wilbur Ross, Robert Lighthizer and Lou Dobbs. More people were thanked than in an entire Oscars telecast. He practically thanked the sound man and the lighting guy.

After many minutes, MSNBC broke away and began talking about impeachment, with split-screen boxes showing Trump and Dems speaking on the Hill. Soon afterward, CNN shifted to multiple boxes, briefly talking about China and then impeachment. Fox stayed with the East Room extravaganza.

SUBSCRIBE TO HOWIE’S MEDIA BUZZMETER PODCAST, A RIFF OF THE DAY’S HOTTEST STORIES

Finally, Trump moved on to the substantive part of his trade speech, and CNN picked that up, while MSNBC stuck with its favored theme, impeachment. But then all three networks dumped Trump as Pelosi began the House debate on sending impeachment to the Senate.

If you’re keeping score at home, Pelosi had the ball, Trump stole it back, they tussled back and forth during the split-screen period, and then Pelosi trumped Trump.

The reason all this matters for the media is that we’re going to be in a political tug-of-war for weeks. The Democratic candidates are going to have trouble getting a sliver of the spotlight during the Senate trial, even as we head to the Iowa caucuses. Their serious but plodding debate in Des Moines will be instantly forgotten, except perhaps for Elizabeth refusing to shake Bernie’s hand. Joe Biden’s lament about the middle class–“They’re being clobbered. They’re being killed”—rang hollow in light of the booming economy and Wall Street records the next morning.

Another political collision: Trump may well be giving his State of the Union speech (the day after Iowa) while he’s still being tried in the Senate.

As the confrontation with Iran recedes, impeachment will dominate everything. Governing has come to a halt. Even the despicable Houston Astros cheating scandal is muffled. Even Harry and Meghan will find it hard to compete. And that is a challenge for the news business, especially since everyone knows how the trial will turn out.

Westlake Legal Group 694940094001_6121390345001_6121384964001-vs Vertigo: Trump, Pelosi duel for airtime over China, impeachment Howard Kurtz fox-news/columns/media-buzz fox news fnc/media fnc article 33cb9c8b-bb69-546c-abe0-eeab3ef6e63a   Westlake Legal Group 694940094001_6121390345001_6121384964001-vs Vertigo: Trump, Pelosi duel for airtime over China, impeachment Howard Kurtz fox-news/columns/media-buzz fox news fnc/media fnc article 33cb9c8b-bb69-546c-abe0-eeab3ef6e63a

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Trump Hopes Trade Deals Will Boost Growth. Experts Don’t Agree.

Westlake Legal Group 15DC-CHINAECON-sub-facebookJumbo Trump Hopes Trade Deals Will Boost Growth. Experts Don’t Agree. United States-Mexico-Canada Agreement United States Politics and Government United States International Relations United States Economy Trump, Donald J Presidential Election of 2020 International Trade and World Market China

WASHINGTON — Cabinet secretaries and White House officials have predicted that President Trump’s initial trade agreement with China and his revised accord with Mexico and Canada — slated for final passage this week — will deliver twin jolts to the economy.

But outside forecasters, including some economists who have welcomed the China agreement in particular, have predicted much more modest gains — and, in some cases, no gains at all.

“We now have U.S.M.C.A.; that’s going to pass the Senate this week,” Treasury Secretary Steven Mnuchin said Wednesday on CNBC, referring to the United States-Mexico-Canada Agreement. “We have China Phase 1, there is a deal with Japan, a deal with Korea. These are all going to have significant positive effects on the 2020 economy.”

He and other officials have good reason to hope: Mr. Trump is up for re-election, and the economy appears to have grown by just over 2 percent in 2019, a dip from 2018 and well short of the administration’s forecasts of growth above 3 percent for the year.

The administration has yet to publish an official 2020 growth forecast. Mr. Mnuchin said on Sunday that he expected the economy to grow between 2.5 percent and 3 percent this year, though he cautioned that growth could fall to the lower end of that range because of troubles at the aerospace giant Boeing.

Other forecasts were less optimistic. The World Bank said last week that it expected the United States economy to grow by 1.8 percent this year. The first phase of the China trade deals and the U.S.M.C.A. are not expected to have much of an impact on the more pessimistic predictions.

“I have not changed my forecast as of yet and don’t expect to materially,” said Rubeela Farooqi, chief United States economist for High Frequency Economics. She expects the nation’s economy to grow by 1.8 percent this year.

The China agreement, she said, “is a step in the right direction, but tariffs remain in place, and I’m not sure they will be rolled back imminently.”

The Phase 1 agreement could affect American growth in two ways, and administration officials are counting on both to deliver.

First, the deal calls for China to begin purchasing what the administration says will be $200 billion worth of American crops and other exported goods and services. Those purchases should increase exports from the United States to China, which, all else being equal, would promote growth.

Second, and perhaps more important, administration officials appear to be counting on the agreement to revive business investment in the United States, which has fallen in recent quarters after surging in the first half of 2018. The uncertainty that Mr. Trump and the Chinese sowed as they imposed escalating tariffs on each other’s imports was largely to blame for that sluggishness, many companies and economists have said.

The bullish case for the China agreement is that it will ease that uncertainty. Some economists say the U.S.M.C.A. could do the same. For months, administration officials have touted a study by the United States International Trade Commission that predicted that the North American trade deal could raise growth by 0.35 percent, largely by reducing uncertainty over trade in digital services.

Andrew Hunter, senior United States economist at Capital Economics, backed that assessment on Tuesday. “The gap that opened up last year between investment and corporate profits suggests that tariff uncertainty has caused firms to delay” investment plans, he wrote in a research note. He added, “With the U.S.M.C.A. deal signed and the threat of further tariffs on Chinese goods seemingly off the table, that drag should now be fading.”

Many economists have praised the agreements for reducing uncertainty, but few have raised their growth forecasts because of them. That is in part because they say the deals still leave a large number of tariffs in place — particularly those against China, but also on some steel, aluminum, solar panels and washing machines imported from other countries.

They also noted that Mr. Trump had waged his trade wars on fronts well beyond North America and China. New trade battles loom this year, including one between the United States and France over a French push to impose a new tax that hits American tech giants like Google and Amazon.

Mary Lovely, a senior fellow at the Peterson Institute for International Economics, said the Phase 1 agreement was “good news for the U.S. and the world economy.” But, she said, “there remains considerable uncertainly for businesses using China as a platform for products destined for the U.S. market, and we will continue to see the impact of this in slower investment and higher business costs.”

Lewis Alexander, chief United States economist at Nomura, revised his 2020 growth forecast up by 0.1 percentage points in late fall to reflect the suspension of a new round of tariffs that had been set to take effect in December. He said he did not expect a material gain in business investment because of the deals.

Several economists expressed optimism that a “Phase 2” deal with China that rolls back more tariffs — coupled with a long stretch of trade peace on other fronts — could deliver more benefits to the economy. But administration officials appear to have ruled out such a deal before November.

“Yes, there is some upside risk to our outlook if things go better than we expect,” Mr. Alexander said. “But in general the direct effects of tariff changes are not large, and to really change the tone, a lot of things about the U.S.-China relationship would have to be settled in a way that seemed durable. It’s hard to see how that could be achieved in an election year.”

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Mile-long asteroid could be dangerous to life on Earth in millions of years if it breaks up: scientists

Westlake Legal Group asteroid-iStock Mile-long asteroid could be dangerous to life on Earth in millions of years if it breaks up: scientists fox-news/world/world-regions/japan fox-news/science/air-and-space/asteroids fox-news/science fox news fnc/science fnc d3671f19-b26e-5b1f-8983-5ca662303176 Brie Stimson article

A massive mile-long double asteroid linked to a one-inch meteor that streaked a fireball over Japan three years ago could threaten humanity in millions of years if it eventually breaks up, scientists wrote in a report published Monday.

“The potential breakup of the rock could be dangerous to life on Earth,” Toshihiro Kasuga, a visiting scientist at the National Astronomical Observatory of Japan and Kyoto Sangyo University, said in a release Wednesday, according to CNET. “Those resulting asteroids could hit the Earth in the next 10 million years or so.”

The findings were first reported in The Astronomical Journal Monday.

The fireball that passed over Kyoto, Japan, late at night on April 28, 2017, was a one-inch meteor that broke off the asteroid measuring more than a mile wide, scientists later determined, according to Live Science.

COMETS MAY HAVE DELIVERED ‘ESSENTIAL ELEMENT’ FOR LIFE ON EARTH, RESEARCHERS SAY

“We uncovered the fireball’s true identity,” Kasuga said, according to CNET. “The 2017 fireball and its parent asteroid gave us a behind-the-scenes look at meteors.”

The asteroid, known as 2003 YT1, is made up of two parts: the larger rock measures 1.2 miles and is orbited by a 690-foot piece.

“The parent body 2003 YT1 could break up and those resulting asteroids could hit the Earth in the next 10 million years or so, especially because 2003 YT1 has a dust production mechanism,” he added, the Daily Express reported.

The asteroid was first discovered in 2003, hence its name.

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It has a history of cracking and releasing dust particles into space, The Express reported.

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Westlake Legal Group asteroid-iStock Mile-long asteroid could be dangerous to life on Earth in millions of years if it breaks up: scientists fox-news/world/world-regions/japan fox-news/science/air-and-space/asteroids fox-news/science fox news fnc/science fnc d3671f19-b26e-5b1f-8983-5ca662303176 Brie Stimson article   Westlake Legal Group asteroid-iStock Mile-long asteroid could be dangerous to life on Earth in millions of years if it breaks up: scientists fox-news/world/world-regions/japan fox-news/science/air-and-space/asteroids fox-news/science fox news fnc/science fnc d3671f19-b26e-5b1f-8983-5ca662303176 Brie Stimson article

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