Capital Journal Daybreak: New Chapter in the Clinton-Trump Battle
Jun 3, 2016 8:05 am ET
HERE’S A LOOK AT THE DAY AHEAD
OBAMA ADMINISTRATION: President Barack Obama attends Democratic Senatorial Campaign Committee and Democratic National Committee events in Miami. First ladyMichelle Obama delivers the commencement address at City College of New York at 10:30 a.m. Secretary of State John Kerry participates in the French-hosted ministerial on Middle East peace in Paris. Treasury Secretary Jacob Lew is in South Korea to meet with economic experts and Bank of Korea Governor Lee Ju-yeol.
ELECTION
2016: Presumptive Republican nominee Donald
Trump holds a rally in Redding, Calif., at 4 p.m. EDT. Democratic
front-runnerHillary Clinton holds rallies in California
(Culver City at 11:30 a.m. EDT, Westminster at 3 p.m. and San
Bernardino at 7 p.m.). She will also meet with community leaders in Santa
Ana. Sen. Bernie Sanders holds rallies in Fairfield and
Cloverdale in California.
ECONOMIC INDICATORS: The Labor Department releases employment data
for May at 8:30 a.m. EDT. The Commerce Department releases international trade
data for April at 8:30 a.m. and factory orders for April at 10 a.m. The
Institute for Supply Management releases its service sector index for May at 10
a.m.
TOP STORIES
FROM WSJ’S CAPITAL JOURNAL
CLINTON
CALLS TRUMP’S FOREIGN-POLICY IDEAS ‘DANGEROUSLY INCOHERENT’: Hillary Clinton delivered an opening salvo in her expected November showdown with Donald
Trump, a withering portrait of his foreign-policy positions as uninformed,
unsophisticated and “dangerous.” In an address Thursday before a crowd of
supporters in San Diego, the Democratic presidential front-runner used humor,
contempt and the presumptive Republican nominee’s own words to make her case
that America would make a “historic mistake” by electing Mr. Trump president
and making him the commander in chief.
ASSOCIATED
PRESS
Mr. Trump—who has argued
that America’s standing in the world has declined under President Barack
Obama and would continue to slide if Mrs. Clinton is elected—slammed
Mrs. Clinton’s speech in an
interview on Thursday. “It wasn’t a foreign-policy speech, it was a hate
speech,” he said. “She can’t talk about foreign policy because she’s made so
many mistakes.” Mr. Trump, speaking Thursday evening in San Jose, echoed
those points later and called Mrs. Clinton’s speech “pathetic.” Damian
Paletta and Rebecca Ballhaus report.
More: Most
at home in the policy realm, Mrs. Clinton tends to rely on jargon that eludes the voters
she’s trying to attract. Her speech in San Diego on Thursday was a refreshing
departure … President
Barack Obama on Thursday argued for continued American
political and economic engagement with the world … Protesters
clashed with supporters of Donald Trump following a
Thursday night rally in San Jose, Calif., by the presumptive GOP presidential
nominee.
As the 2016 presidential
primary season comes to a close for both parties, voters have gotten a pretty
clear impression of what kind of leadership they would get from former
Secretary of State Hillary Clinton and New York businessman Donald Trump. The
latest Wall Street Journal/NBC News poll helps illustrate how dramatically
different those impressions of the two presumptive nominees are. Read Janet
Hook’s full post in
Washington Wire.
WSJ STORIES
YOU SHOULDN’T MISS
BILL
CLARK/ZUMA PRESS
HOUSE
SPEAKER RYAN ENDORSES TRUMP: House Speaker Paul
Ryan (R., Wis.) on Thursday endorsed Donald Trump for president,
ending the highest-ranking elected Republican’s public hesitation over the
GOP’s presumptive presidential nominee. In an opinion piece in his hometown
newspaper posted Thursday afternoon and on Twitter, Mr. Ryan said he would vote
for Mr. Trump after having spoken with him about policy issues. Mr. Ryan’s
decision to back Mr. Trump flattened one of the last remaining hurdles the New
York businessman faced in winning over the party’s top leaders. Kristina
Peterson and Siobhan Hughes report.
More: Michigan’s
Republican governor, Rick Snyder, has decided he won’t endorse Mr. Trump … Candidates
for the U.S. House seat in Seattle are jockeying to prove
themselves the most liberal and to provide the starkest contrast to Donald
Trump …Alaskans
face the prospect of having a pair of Sens. Dan Sullivan representing
them in the upper chamber of Congress.
DAN
HERRICK/KPA/ZUMA PRESS
TRUMP
ESCALATES ATTACKS ON JUDGE: Donald Trump on
Thursday escalated his attacks on the federal judge presiding over civil fraud
lawsuits against Trump University, amid criticism from legal
observers who say the presumptive GOP presidential nominee’s comments are an
unusual affront on an independent judiciary. In an interview, Mr. Trump said
U.S. District Judge Gonzalo Curiel had “an absolute conflict”
in presiding over the litigation given that he was “of Mexican heritage” and a
member of a Latino lawyers’ association. Mr. Trump said the background of the
judge, who was born in Indiana to Mexican immigrants, was relevant because of
his campaign stance against illegal immigration and his pledge to seal the
southern U.S. border. Brent
Kendall reports.
More: Real-estate
investor Thomas Barrack Jr., a longtime friend of
Mr. Trump, said on CNN Thursday that he has raised $32 million in
committed donations for a new super PAC backing the presumptive GOP nominee
… Great
America PAC, a super
PAC backing Mr. Trump, has notched the backing of two more billionaires.
U.S.
SOLICITOR GENERAL VERRILLI TO STEP DOWN: U.S.
Solicitor General Donald Verrilli, the litigator who won landmark Supreme Court
decisions advancing the Obama administration’s health care, same-sex marriage,
and immigration policies, will step down June 24. Mr. Verrilli’s term was
marked by several legal challenges to President Barack Obama’s policies and a
conservative-majority bench that was at times skeptical of the administration’s
agenda. The success of Mr. Verrilli, who took the position in June 2011,
surprised many court observers. Jess
Bravin reports.
BANKS
WARNED OF TOUGHER CAPITAL REQUIREMENTS: The biggest
American banks will likely have to bulk up their balance sheets further to
protect against possible financial shocks, Federal Reserve officials said
Thursday. The new requirements could crimp profitability and dividend payouts
at those firms, while increasing pressure on them to shrink. Fed governors Daniel
Tarullo and Jerome Powell, in separate public comments,
said the central bank would probably decide to require eight of the largest
U.S. banks to maintain more equity to pass the central bank’s annual “stress
tests.” Ryan
Tracy and David Reilly report.
Plus: J.P.
Morgan CEO James Dimon warned of increased risk in the booming $1 trillion auto-lending market.
ALSO IN THE
NEWS
Friday’s
jobs report will be a key factor in whether the Fed raises rates later this month. May’s number is
expected to show a slight deceleration from April especially due to the recent
strike at Verizon; the central bank also is looking for improvement in wage
growth and participation pickup.
Five
soldiers from Fort Hood in Killeen, Texas, are dead and four others remain missing after their
vehicle overturned in high water in a flooded region of the state, U.S. Army
officials said late Thursday.
World
News: With
a terrorist past, close ties to Iran, a pro-Shiite agenda and rapidly growing influence, Jamal Jaafar
Ibrahimi threatens to destabilize Iraq. Israeli
and Palestinian officials have pushed Egypt’s President Abdel
Fattah Al Sisi to take a lead role in talks to restart a peace process. Germany
arrested three suspected Islamic State members from Syria on
suspicion of preparing an attack on the city of Düsseldorf, allegations that
could further inflame the debate over migration and security.
The
U.S. and China, facing mounting political pressures at home, are
seeing economic tensions flare to their worst point in years over currency and
trade practices. The
U.S. Commerce Department has subpoenaed Huawei Technologies, demanding that the Chinese telecommunications
giant submit information on its export and re-export of technological goods to
Iran, North Korea and other sanctioned nations.
A
coalition of financial and business trade groups filed a lawsuit Thursday to try to strike down an
Obama administration rule that would shake up the way Americans receive
retirement-savings advice. Blue
Cross and Blue Shield of North Carolina sued the federal government, becoming the latest
health insurer to claim it is owed money under the Affordable Care Act.
A
bid by House Republicans to shift the federal air-traffic control system to a nonprofit corporation’s control has been
sidelined by bipartisan Senate opposition.
Mutual-fund
company T. Rowe Price is racing to find a way to compensate thousands of clients after a nearly
$200 million blunder.
OPEC
broke off its meeting without reaching an accord on oil output, as higher prices lessened pressure to
curb the glut of crude.
Median
CEO pay at big U.S. firms fell 4.6% in 2015, but the link
between compensation and shareholder returns remained weak.
The
CDC has identified more than
U.S. 200 counties vulnerable to HIV outbreaks stemming from poverty and the
opioid crisis.
The
European Central Bank kept its interest rates unchanged, in line
with comments from bank officials suggesting more time was needed for policies
announced in March to take effect before announcing new measures.
Heavy
public debt in most of the dozen Mexican states electing governors on Sunday has raised
questions about economic mismanagement and corruption.
United
and Delta are among the
suitors weighing bids for Avianca, as airlines world-wide seek tie-ups.
An
eight-month probe by a marketing trade group is said to
have revealed that ad agencies are accepting rebates from media companies in
the U.S., findings that will likely stoke concerns about transparency in the
industry.
Hillary Clinton’s
blistering critique of Donald Trump’s foreign policy and competence marks the
start of a new chapter in her fight for the presidency. Washington Bureau Chief Jerry Seib
explains what this means for the Trump-Clinton battle.
WHAT WE’RE
READING AROUND THE WEB
Charles
Krauthammer, writing in National Review, says of Sen. Bernie
Sanders’s appointment of Israel critics to the Democratic party
platform-writing committee: “To be sure, Sanders didn’t create the Democrats’
drift away from Israel. It was already visible at the 2012 convention with the
loud resistance to recognizing Jerusalem as Israel’s capital. But Sanders is
consciously abetting it.”
Donald
Trump stresses the things Americans feel they have lost, which works politically, writes James Surowiecki
of The New Yorker: “Trump’s emphasis on losing is unusual: even in bleak times,
American Presidential candidates tend to offer optimistic messages. But it has
worked for him, because it resonates with what many Republican voters already
feel.”
The
Atlantic’s Ronald Brownstein writes that if Donald Trump’s
mission of restoration — “we will win again” — has deepened his support, it has
also imposed a restrictive boundary around it. His promises to bring back an
earlier America “seem certain to deepen a shift from class to culture as
America’s central political divide,” he writes.
Howard
Kurtz of Fox News writes that one reason Donald
Trump is beating Hillary Clinton in the battle against the media is that “The
Donald, when he engages in verbal fisticuffs, seems to be enjoying himself,
while Hillary seems like she’s enduring an unpleasant ritual.”
In
the WSJ’s Think Tank, David Wessel writes that the Federal Reserve may taken
transparency too far. It’s good to signal overall Fed intentions, he writes,
“but the time has come for the Fed to wean itself and markets off the
expectation that the Fed will essentially announce every rate move in advance.”
MILESTONE
$7.8 billion
surplus: The
Pell Grant program is expected to have a temporary $7.8
billion in surplus balances for next year because of lower-than-expected
program costs.
TWEET OF THE
DAY
@jerryspringer: C’mon Donald…
you complaining about Hillary’s temperament is like me complaining about the
quality of television!
FEEDBACK: The Capital Journal Daybreak newsletter is
The Wall Street Journal’s morning rundown of the biggest news stories and exclusive
features from Washington on politics, policy, financial regulation, defense and
more.
Send your
tips, feedback and suggestions for recommended reading to editor Kate Milani
at kate.milani@wsj.com.
Nenhum comentário:
Postar um comentário