#GoodMorningDC. Here's the world you are waking up to this Friday morning.
Good morning DC.
The White House Communications shop is having a spat with the New York Times. "As the NYT ed board criticizes President Biden this am for taking swift executive action to reverse the most egregious actions of the Trump Admin, I can’t help but recall that during the primary they encouraged voters to consider what a president could accomplish through executive action", White House Communication Director, Kate Bedingfield did not hide the outrage.
When the nation’s newspaper of record espouses a critical view toward the President's executive action streak, he pays attention. Biden has a plan to legislate, but not quite yet. What's happening right now, he explained, is designed to "undo the damage Trump has done."
Robin Hood was kind to the poor, but this new Robinhood of the world of retail investors is not. Retail investors, or if you prefer to call them, "amateurs," were blocked from buying more stock. Every revolution eats its own children, and this time around ain't no different.
Free speech out first, free markets out second, who's next? When Twitter censored the New York Post, it was political. Then, the big tech oligarchs started de-platforming people. President Trump was the first to go, only because eating the biggest frog first guarantees that anything else that follows would be less shocking. Deplatforming continues to happen in plain sight, but the reason why suddenly everyone pays attention to it is that unlike in free speech matters, the world of finance and investing is not politicized. Yet?
Treasury Secretary Janet Yellen is the talk of the town. According to her financial disclosure, from December 2019 to 2020, she received $810,000 in speaking fees from Citadel, a hedge fund in the middle of the GameStop controversy.
"Unless JANET YELLEN receives a written waiver, she will be barred by her ethics agreement from participating in any matter involving CITADEL, which makes millions in fees from ROBINHOOD, until Oct. 2021 (or one year after her last paid speech to Citadel)," Kenneth Vogel made a point last night that.
"She's an expert", end quote.
Trump wants to take back the House in 2022. That's two years from now, but in the world of American politics, time passes by so fast. The former President's office sent an email to Good Morning DC stating that Trump's meeting with the House Republican Leader Kevin McCarthy at Mar-a-Lago was "a very good and cordial one".
The Palm Beach memo was full of conceit. "They discussed many topics, number one of which was taking back the House in 2022. President Trump's popularity has never been stronger than it is today, and his endorsement means more than perhaps any endorsement at any time."
Trump's envoy, Matt Gaetz, went to Wyoming to oust Liz Cheyney and "bring Washington to its knees." He addressed close to 1,000 people in front of the State Capitol with one message only, to take the bipartisan establishment and neocons down in 2022.
At one point during his speech, he dialed Don Jr. in.
"It seems like Liz Cheney's favorables there are only slightly worse than her father's shooting skills," Don Jr. said over the phone. The Trump clique knows Dick Cheney coordinated the letter of the former Defense secretaries in WaPo. They also know that Dick Cheney charted the path for his daughter to vote to impeach the President. Trump's vendetta against the Cheneys runs deep.
"The truth is that the establishment in both political parties has teamed up to screw our fellow Americans for generations," Gaetz said. "The private insider club of Joe Biden, Mitch McConnell, Mitt Romney, Nancy Pelosi, and Liz Cheney wants to return our government to its default setting: enriching them," Gaetz added.
What will Biden do today? President Biden will receive the presidential daily brief this morning and attend an economic briefing with the Treasury Secretary. In the afternoon, Harris and Biden will have lunch in the private dining room at the White House.
A trip to Walter Reed is also scheduled for today, where president Biden will visit wounded service members.
Across the pond, vaccine row intensifies. The EU may try to block the Pfizer-BioNtech vaccine shipment from Brussels to the UK. But there's more. Germany challenged the UK's vaccination strategy suggesting that AstraZeneca does not work for people over 65. During his visit to Scotland, PM Johson pushed back firmly against the German stance. AstraZeneca is "a good vaccine, and so I'm very confident about it," the Prime Minister said. "The evidence that they've supplied is that they think that it is effective across all age groups. It provides a good immune response across all age groups", added Johson making it clear that he disagrees with the German decision not to give it to the elderly.
In another vaccine triumph for Britain, Novavax, the US biotech, announced a successful compilation of phase three clinical trials in the UK. Sixty million vaccines will be produced in Teesside for use across the UK. Novavax vaccine has an 85.6 % success rate against the covid mutation found in the UK in December.
In Russia, Navalny continues to speak against Putin. "You will never chain me down," he told the Russian President over a video link in a court appearance from prison. His request for bail has been denied, and he will remain in jail until a parole hearing next week.
The World Economic Forum in Davos concludes today.
And that's a wrap for this Friday morning. As we head into the weekend, a need to power up and disconnect from the world of politics and savage attacks should be straightforward. Reset. You only live once. Good Morning DC will be back on Monday to bring you the latest first.
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