Monday, May 28
The New
York Times reported that President Trump berated Attorney General Jeff Sessions
and told him to reverse his decision to recuse himself from the Russia
investigation at a meeting at the presidentÕs Mar-a-Largo resort in March 17.
Sessions refused to comply. TrumpÕs order is important because it is highly
unusual and could be seen as an attempt to obstruct the investigation into
Russia meddling in the 2016 presidential election.
Tuesday, May 29
Former
Republican presidential candidate Mitt Romney weighed in against President
Trump in a Twitter post. He said, "I don't think I would point to the
president as a role model for my grandkids on the basis of his personal style.
He has departed in some cases from the truth, and has attacked in a way that I
think is not entirely appropriate "
Wednesday, May 30
The
Federal Reserve, the agency that regulates banks, took steps to weaken the
ÒVolcker rule,Ó which was put in place after the 2007 financial crisis to curb
risky investments with depositorÕs money. The new rules would permit
large-scale banks to make unsafe investments in complex securities that would
leave them, their depositors, and the economy vulnerable to losses but which
might also increase the profits for the banks.
Thursday, May 31
President
Trump pardoned Dinesh DÕSouza, the right-wing
commentator who was convicted of campaign finance violations. Mr. Trump circumvented
the usual procedure for granting pardons, bypassing more than 10,000 petitions,
focusing instead on a public figure whose case resonates with his own political
philosophy. DÕSouza has claimed that he was singled out by the Obama
administration for his conservative ideas. In pardoning DÕSouza, Trump said
that he Òwas very unfairly treated.Ó
President
Trump made good on his threat to impose a 25 percent tariff on steel and a 10
percent tariff on aluminum imported from key U.S. allies, including Canada,
Mexico and the European Union, citing Section 232, which is rarely invoked, but
permits tariffs to be placed on a country for national security reasons. The
announcement was greeted with outrage from the subject countries and grave
concern from economists the members of Congress, including prominent
Republicans.
Friday, June 1
The
on-again, off-again summit between Kim Jong-un, the North Korean dictator and
President Trump is—on again. Trump cancelled the meeting eight days
earlier, citing Òopen hostilityÓ from North Korea. On Friday, Trump reversed
course again. ÒWeÕre over that, totally over that, and now weÕre going to deal
and weÕre going to really start a process,Ó Trump told reporters, ÒWeÕre
meeting with the chairman on June 12, and I think itÕs probably going to be a
very successful.Ó Nuclear disarmament experts said that if the disarmament
process goes forward, it could take up to 15 years.
The
American economy continued strong job growth, establishing another record. The
unemployment rate fell to 3.8 percent, its lowest level since the early 2000s.
The monthly increase of 223,000 jobs reflected gains across a range of
industries, from manufacturing and transportation to health care and retailing.
Saturday, June 2
A
confidential 20-page memo from President TrumpÕs lawyers to special counsel
Robert Mueller asserts a broad view of executive power, including a claim that the
Constitution empowers the president to, Òif he wished, terminate the [Mueller] inquiry,
or even exercise his power to pardon.Ó The memo invoked speculation from both
Republicans and Democrats that if the president terminated the Mueller
Russia investigation or pardoned himself, it would be grounds for impeachment.
A copy of the memo was obtained and made public by the New York Times.
Sunday, June 3
Rudy
Giuliani, President TrumpÕs lawyer said the president ÒprobablyÓ has the power
to pardon himself, but ÒHe has no intentionÓ of doing so. GiulianiÕs statement
was greeted with near incredulity on all sides, with prominent Republicans
noting that if Trump pardoned himself, it would almost certainly lead to
impeachment.
President
Justin Trudeau of Canada told NBCÕs Meet the Press that President TrumpÕs
decision to invoke national security concerns to justify tariffs on Canadian
steel and aluminum imports was off-base. ÒThe idea
that we are somehow a national security threat to the United States,Ó he said,
Òis quite frankly insulting and unacceptable.Ó Commentators could find no
modern precedent in which Canada posed such a threat.