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Stories of Interest
- Banca IMI Securities to Pay $35Mn for Improper Handling of ADRs in Continuing SEC Crackdown
- Members of White House ‘Arts Panel’ Resign En Masse in Protest of Trump
- FINRA Whiffs on Disciplinary Sanction: Bill Singer's 'Negligent Market Manipulation in OTC Stock Promotion'
- Heather Heyer’s Mother Says, ‘I’m Not Talking to the President’
- Goldman Sachs May Have Lost $100Mn on Energy Bet Gone Wrong
- SEC Drops Case Against Ex-JPMorgan Traders Over 'London Whale'
- Financial Advisers That Invest in Technology Need to Accomplish These Two Things
- FINRA Amends Codes Regarding Expedited Arbitrator List Selection
- FINRA July 2017 Quarterly Disciplinary Review (Podcast)
- Senior Exec in Citigroup's Equities Unit Has Left
- Prudential Plotting its Escape From Fed's Tough Oversight
- Why CEOs Spurned Trump's Business Councils, in Their Own Words
- A Stockbroker, Her LLC, and Her Customers' Loans (Or Investment?) - Bill Singer
- Brian Quintenz Sworn In as CFTC Commissioner
- A Gary Cohn Resignation Would 'Crash the Markets' – Mgmt Guru Jeffrey Sonnenfeld
- Trading Firm DRW to Buy RGM Advisors - As Low Volatility Forces Out Weak HFT Players (subsc reqd)
- Reputational Damage - Rajat Gupta on Hard Road to Recovery
- 7th Circuit Affirms Spoofing Conviction - Bill Singer
- Wells Fargo Announces Board Changes
- Judge Rules Against Ex-Goldman Employee in Fed Leak Case
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NEWSLETTERS & ALERTS
Donald Trump & Co.
It Wasn’t Me, People
[Photo: by Gage Skidmore / Wikimedia Commons]
Reading through the print edition of the Wall Street Journal this morning, I was struck by a pattern of stories and opinion pieces that seemed to pierce at the heart of Donald Trump’s agenda.
Page One: Judge Blocks Travel Ban
Mr. Trump made several changes to his travel restrictions after courts last month faulted his original executive order, but U.S. District Judge Derrick Watson said none of the alterations fixed a central problem: Mr. Trump was likely engaged in unconstitutional religious discrimination, the judge said.
The Federal Reserve said Wednesday it would raise short-term interest rates and keep lifting them this year, moving the central bank into a new, more aggressive phase of draining easy money from the financial system as the economy improves.
Page Four: Budget Plan Slashes EPA, Aids Military
The budget proposal is certain to run into stiff opposition in Congress, where lawmakers on both sides of the aisle have already signaled they are unlikely to enact Mr. Trump’s deep cuts when they pass spending bills that actually fund the government.
Page Twenty-One: The GOP’s ObamaCare Choke [Opinion]
Less than three months into full control of government and the chance to reshape the American system for a generation, Republicans are doing something no one thought possible: They are reinventing the circular firing squad. …..
The result will be guaranteed political defeat for years if congressional Republicans choke at the chance to repeal and replace ObamaCare.
By the close of 2017, when it has become apparent that Trump was unable to deliver on his core campaign promises to the American people, he will invariably have a ready excuse – which he will tweet and recite at public rallies –
“It wasn’t me people. I could have been the greatest president of all time. But you know, they tied my hands. The media and a do-nothing Congress. DISGRACE.”