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Trump singles out Obama, Schumer in ripping Democrats’ opposition to ZTE deal

“They made only bad deals (Iran) and their so-called Trade Deals are the laughing stock of the world!”” reports washingtonexaminer.com. “Senator Schumer and Obama Administration let phone company ZTE flourish with no security checks.Responding to the New York Times’ initial report about Trump’s ZTE deal, Schumer complained that not enough was being done to stop abuses that have become an economic and national security threat to America.Lost almost $800 Billion/year under ‘O,’” he said in one tweet, referring to the trade deficit under his predecessor, Barack Obama. Source: washingtonexaminer.com Share This:

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Trump scraps plan to sell off federal electricity assets

“The federal utilities, called “power marketing administrations,” include Bonneville Power, Southeastern Power Administration, Southwestern Power Administration, and the Western Area Power Administration” writes Joshua Roberts Bloomberg for washingtonexaminer.com. “It was the right move for the Administration to abandon its plan to sell off Bonneville Power Administration’s assets,” tweeted Rep.But the industry is scrambling to verify and gather the details on the administration’s plan not to move forward with the plan. The federal utilities control and operate the transmission lines that deliver electricity to rural areas and are credited with keeping…

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Report: Administration Reaches Deal to Keep ZTE in Business

“It is a great deal … for #ZTE & China,” Senator Marco Rubio, a Florida Republican, tweeted on Friday” writes Jenny Leonard for bloomberg.com. A deal on ZTE, which is facing bipartisan objections in Congress, has broad implication beyond the woes of the company.The Trump administration has informed members of Congress that it has reached an agreement that will allow Chinese telecommunications-equipment maker ZTE Corp. to remain in business, according to two people familiar with the matter.Once ZTE complies, Commerce will lift an order under which the company had been…

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Trump strikes a deal with China to keep ZTE afloat: Report

“The Trump administration reportedly informed Congress this week that it has struck a deal to keep Chinese telecommunications company ZTE afloat in the U.S. in exchange for tariff relief and the chance to advance trade talks with China” reports washingtonexaminer.com. Some lawmakers criticized the Trump administration on Friday ahead of its anticipated announcement involving the controversial telecom company.By allowing ZTE to resume its business with American companies, after previously being banned from purchasing American technology for seven years, the Trump administration could create an opening for concessions from China.It is…

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Trump can take some lessons from the failed summit: Former US ambassador

“The planned summit between leaders of the U.S. and North Korea may be off for now, but the Trump administration could still walk away with lessons about “diplomatic craft trade,” said a former American diplomat” writes Yen Nee Lee for cnbc.com. “So, I think this was kind of a first major issue for the Trump administration and I hope they can take some lessons from it,” he added. Source: cnbc.com Share This:

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EDITORIAL: President Donald Trump again goes after women’s reproductive rights

“The Trump administration could not be more backward, and doctors are appalled” writes Sun-times Editorial Board for suntimes.com. In practical terms, Trump is going after Planned Parenthood, the non-profit organization that provides women with an array of legal and necessary reproductive health services, including abortions. Source: suntimes.com Share This:

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Obama’s team said it had Russian meddling ‘under control’ until Trump won, says GOP senator

“Johnson spoke just hours before top Trump administration officials were set to brief lawmakers on what they know about how the origin of the investigation into Trump’s alleged links to Russia” reports washingtonexaminer.com. Trump and his allies say the investigation is being pushed by Democrats to delegitimize Trump’s presidency, and some charge the Obama administration was using an informant close to the Trump campaign.Ron Johnson, R-Wis., said Thursday that senior Obama administration officials assured Congress in September 2016 that Russian meddling would not stop the U.S. from holding a legitimate…

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Trump: US prepared for military action against North Korea ‘if necessary’

“President Trump said Thursday his administration is “more ready than we have ever been before” to take military action against North Korea, if that step is needed” reports washingtonexaminer.com. Trump promised Thursday that his administration will continue its maximum pressure campaign against North Korea and is prepared to respond militarily if Kim takes any “foolish or reckless” actions. Source: washingtonexaminer.com Share This:

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Pot lobby heads to DC to woo lawmakers…

“More than 200 cannabis industry leaders descended upon Washington this week in the hopes of persuading the US Congress to embrace the growing movement for marijuana legalization” writes Sabrina Siddiqui for theguardian.com. Last month, the president agreed his administration would not target the marijuana industry in Gardner’s home state, ending a three-month standoff.The historical ban on hemp, which is derived from the cannabis plant, has long imposed barriers on the agriculture industry.The analysis also cited a 445% increase in the number of marijuana industry job postings in 2017, according to…

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KPMG files notice of Alpari moving from administration to dissolution

“The final progress report was issued following the receipt of the Court Order regarding closure of the special administration” reports financefeeds.com. All matters within the special administration have now been dealt with and the JSAs have applied to cancel the FCA registration of Alpari (UK).During the special administration, the JSAs have paid and declared two client dividends totalling 82.0 cents in the $. Source: financefeeds.com Share This:

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