Trump and Xi meet; Law firms; Kevin Warsh; Nebraska : NPR
Key Points:
- President Trump met with Chinese President Xi Jinping in Beijing, discussing expanding U.S. products into China, while Xi warned of potential clashes over Taiwan, a key U.S. security partner. Taiwan's Foreign Minister expressed skepticism about its priority on the U.S. agenda, which is focused on trade and Iran, and Japan is closely monitoring the visit amid strained China-Japan relations.
- Trump is accompanied by over a dozen top U.S. corporate leaders as he seeks to stabilize trade relations with China following a year of trade war tensions, with the relationship between the two countries heavily dependent on the rapport between Trump and Xi.
- An appeals court will hear arguments regarding Trump's executive orders targeting law firms representing his perceived political enemies, with the firms claiming violations of the First and Sixth Amendments; the Justice Department's reversal to pursue the appeal signals Trump's desire to continue the legal battle.
- Kevin Warsh was confirmed by the Senate as the next Federal Reserve Chair with a 54-45 vote; Warsh, Trump's pick, promises to use independent judgment on monetary policy and aims to lower interest rates, succeeding Jerome Powell.
- Denise Powell won the Democratic primary in Nebraska's crucial second congressional district and will face Republican Brinker Harding, endorsed by Trump, in a race that could influence control of the narrowly divided U.S. House in the midterm elections.