conservatives

Donald Trump’s chief economic adviser on Friday stopped short of endorsing the president’s repeated claim that the U.S. economy is at its strongest point in the country’s history.

“In history? I think it’ll rank up there, yes,” Lawrence Kudlow told CQ Roll Call on Friday. But he notably did not say the U.S. economy is the strongest it’s ever been as his boss heads into what pollsters and strategists in both parties say could be a photo-finish election.

On Dec. 18, the House voted to impeach President Donald Trump. On Dec. 19, the House approved a major rewrite of a trade agreement with Mexico and Canada. Those two events, just 24 hours apart, marked the culmination of a strategy Democrats have sought to execute since the day they took control of the House last year: investigate and legislate.

“Our view is we are here to make things better for our constituents and stand up for the constitutional oaths that we took,” said Rep. Tom Malinowski, a freshman Democrat from New Jersey who ousted a Republican in 2018. “Those things are not in conflict with one another. And by the way, that’s always been true. When Nixon was being impeached, Congress passed a major infrastructure bill. When Clinton was being impeached, the Congress passed major legislation.”

Amid the impeachment proceedings on Capitol Hill, President Donald Trump on Wednesday signed the first of two significant milestones on trade — an agreement with China that amounts to a ceasefire in his war with the Asian giant.

Trump is expected to get a second win on the issue later this week, with the Senate expected to approve a revised trade agreement with Canada and Mexico. Aides say Trump plans to trumpet both as part of his reelection sales pitch that he is a good steward of the economy.

The repeal last month of three taxes levied under the 2010 health care law represents one of several ways Congress has chipped away over the years at provisions paying for it, but a left-leaning budget think tank calculates the law will still save money overall.

Democratic leaders have often highlighted the law’s offsets as an example of fiscal responsibility, noting that it expanded coverage to more than 20 million people while Congressional Budget Office estimates showed it still saved the federal government money. They contrasted that with a 2003 law to add prescription drug coverage to Medicare, which was not paid for.

Algorithms have evolved into to powerful engines of financial technology. But they don’t always live up to the hype, as algorithmic models fail to take account of basic societal concerns like fairness, privacy and bias. Fintech Beat sits down with Michael Kearns to find out what can be done to make algorithms “ethical.”

Kansas Rep. Roger Marshall on Friday reported a surge of money into his campaign for Senate in the three days since Secretary of State Mike Pompeo said he would not enter the race. 

The $250,000 the Marshall campaign said it raised since Pompeo made his decision Tuesday is more than two of his top challengers for the Republican nomination — former Kansas City Chiefs defensive end David Lindstrom and former Kansas Secretary of State Kris Kobach — raised in the third quarter, which ended in September. Disclosures for fourth-quarter activity are due Jan. 31.