The U.S. Secretary of Commerce said the outbreak in China could help bring jobs back to North America—and three other things you need to know today.
Commerce secretary speculates coronavirus could boost U.S., Mexico economies
A day after President Trump signed the US-Mexico-Canada Agreement, Commerce Secretary Wilbur Ross acknowledged the “unfortunate” victims of the virus but said he thinks it will bring jobs back to North America as businesses review the risk to their supply chains. “I think it will help to accelerate the return of jobs to North America—some to US, probably some to Mexico as well,” he told Fox Business Network’s Maria Bartiromo. The U.S. Federal Reserve Chairman Jerome Powell said Wednesday that the economic disruption from the disease remains in “very early stages.”
White House warns Bolton against publishing memoir as impeachment trial progresses
As the Senate continues with questioning today during President Trump’s impeachment trial, the White House National Security Council issued a letter to John Bolton’s lawyer stating his book manuscript contained highly classified information that must be deleted before publishing. In the book, the former national security advisor claimed the president had told him nearly $400 million in aid to Ukraine would not be released until the country investigated Democrats. The Senate is expected to vote Friday on whether to call witnesses, including Bolton.
Trump lawyer contends almost anything goes if it’s for the public good
Alan Dershowitz, one of Trump’s lawyers during the Senate impeachment trial, argued Wednesday that almost any actions short of actual crimes are not impeachable offenses if the president deems them necessary to “get elected in the public interest.” House impeachment manager Adam Schiff challenged the assertion, and Garry Kasparov, chair of the Human Rights Foundation, called it “the language of a king and dictator.” On Thursday, Dershowitz said media outlets have “willfully distorted” his comments.
Bloomberg wants to treat homelessness as a national emergency
A new proposal released on Thursday from presidential hopeful Michael Bloomberg targets housing insecurity and the homelessness crisis by guaranteeing rental assistance for those who need it the most, increasing the number of affordable housing options, and addressing discriminatory public policies that prevent renters from becoming owners. His goal is cut homelessness in half within four years.