Inauguration Money, Campaigning While Black, Tariffs: 3 Stories You Should Read Today: 7/5/2018
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In the category of: It was hiding in plain sight on day 1 – literally.
Why Trump’s inauguration money is a major part of Mueller’s Russia investigation
Russia-tied donations and oligarch connections have drawn Mueller’s interest.
Trump’s inauguration raised an incredible amount of money
In the end, the inauguration crowd wasn’t exactly the largest in history — but the inaugural fundraising certainly was. Barrack, Gates, and the team raked in over $106 million, an astonishing sum that doubled the previous record (set by Obama in 2009).
The more you gave, the more exclusive events to which you got access. Among other perks, it took $1,000,000 to get you into the “Leadership Luncheon” at Trump’s hotel, $500,000 for a dinner with Vice President-elect Mike Pence, and $250,000 for a candlelight dinner at Union Station with the Trumps and Pences, according to a document obtained by the Center for Public Integrity’s Carrie Levine.
In the category of: White women need to take up knitting.
Woman calls the police on a black representative campaigning in Oregon
A black Oregon state representative says someone called the police on her while she was canvassing door-to-door in her district.
In the category of: Things econ professors will be talking about for a very long time.
Trump to Pull Tariff Trigger at Midnight in Trade-War Escalation
President Donald Trump is preparing to slap tariffs on Chinese goods early Friday, the first shot in a trade war between the world’s two biggest economies.
Tariffs on $34 billion of Chinese goods are scheduled to take effect at 12:01 a.m. in Washington, the U.S. Trade Representative confirmed in an email Thursday. The milestone marks a new and damaging phase in a conflict that has roiled markets and cast a shadow over the global growth outlook.
In Beijing, policymakers are digging in for what could be a protracted fight — one in which they say they won’t be the aggressor. Beijing has said retaliatory tariffs on U.S. goods ranging from soybeans to pork will go into effect immediately after the U.S. acts.
