To know that there have apparently been grand jury subpoenas that have been issued, and the grand jury has been quietly doing its work, without us knowing anything about it. the washington post report actually reported for the past two months, there were former officials in donald trump s orbit who had been receiving grand jury subpoenas. and we knew nothing about those. so that s encouraging, because it tells us that not only has the d.o.j. been doing the work behind the scenes, with the grand jury, which is a criminal investigation, but it s been doing it without the kind of leaks we would expect to see. so we re being kept in the dark. but that doesn t mean that the department of justice is not doing its work. and of course, we know stephen miller was the point person for donald trump, on the fake electors. he was running around bragging about how they were going to send alternate electors. let s call them what they are, fraudulent electors. and that makes stephen miller one of th
Doing that, good for him. april, just a quick answer, if you will. i want your take on stephen miller one the president s advisers being thrown into the role of communications director. he s being considered. how will that impact this white house relationship with the press? did you see that last press briefing? that s why i m asking because you had a contentious back and forth with him and we saw that happen with our jim acosta. well, you know, mine, it wasn t contentious. i just wanted an answer because he kept talking about the black unemployment rate for black adult males, and you hadn t been hearing that before, and it was so many people who were watching and people from prior administrations and people from labor departments, prior labor departments it almost sounded like it really was the pinning of the black and brown community against the immigrant, and the question was if you ll put this
Dip or even a crash? well, one of trump s economic people, kevin hassett who will be the head of the counsel of economic advisers once famously wrote a book called dow 30,000. it can go up and i think it can go down. i think the stock market s pretty high and it can go on for a while. i totally agree with steve and if policy gets on track and let s face it, they haven t done much so far it could be helpful especially a corporate tax cut, and the fed might start hiking interest rates and the stock market s not going to like that. often, that s what pricks these bubbles. stephen, go ahead. i was going to say when i talk to employers and ambassadors about what they like and don t like about what trump has been doing, one of the things they like is that trump is sort of pro-business. i don t think there s any question about that trump is
Former economics adviser to the trump campaign and former international monetary fund, ken rowgoff, economics professor. i want both your takes on this question, what is driving the stocks to these record highs seemingly every week right now, ken? . well, first of all, the global economy, growth in europe, asia is good and our firms get profits from all over the world. wages have been kind of weak, as you mentioned and that means firms keep more of the pie, but also very importantly, interest rates are really low. sort of what else do you invest in? i do think the president can take some credit and the stock market went up a bit. business surveys are optimistic, but i don t think it s the lion share of what s going on. i think it s mostly other things. yes, it does just happen. stocks can go up. stephen, how do you see it? well, i don t think there s any question that trump deserves
Decision based on what they see until the law is completely litigated through the courts, namely this supreme court case. shannon: that case is set for the end of march. it s right upon us. if it will be withdrawn from the calendar or parties come to an understanding that has to happen soon. meantime we re also waiting on an executive order maybe into next week on the immigration and travel ban. there have been discussions about what may change about it. stephen miller one of the top policy advisors say it will be fully responsive to the courts. they know they have to draw up something that is bullet proof. groups have said we have litigation ready and drafted and we ll file it when we get the new order. you ll see a cleanup on aisle two on executive the first roll-out and this will be bullet proof in the courts. i assume that they will take back that challenge once this