Those rumors about why the 2012 GOP presidential candidate dropped out of the running to be President Trump's next Federal Reserve Board nominee? They're not true, and Cain is the "only source you need" to get the real story, he writes in an op-ed for the conservative Western Journal published Monday.
While Cain hadn't even been nominated for a Fed spot, Trump tweeted Monday that his "friend Herman Cain" had "asked me not to nominate him for a seat." It seemed reasonable, seeing as enough Senate Republicans had already said they'd vote against Cain to doom his nomination. There's also the fact that sexual misconduct allegations forced Cain out of the 2012 presidential race, though he has denied those allegations.
But amid these reasonable explanations surrounding Cain's withdrawal, Cain wants to assure you that "Twitter wasn't inside my mind over the course of the past weekend," he wrote in his op-ed. Cain was more worried about divesting from his business interests, cutting his radio show and Fox Business appearances, and taking sizable pay cut in the process, he said.
Of course, Cain "did like the idea of serving on the Fed," he enthusiastically continued. Yet he wondered if he'd "be giving up too much influence to get a little bit of policy impact," Cain wrote — he reaches "close to 4 million people a month" with his "current media activities," after all. And after thinking, praying, and even drafting a now-discarded op-ed about why he wanted to continue pursuing the nomination, Cain ultimately decided to withdraw.
Read Cain's whole blog post — and answer his question of "Did Herman do the right thing?" — at The Western Journal. Kathryn Krawczyk
In a three page letter from Assistant Attorney General Stephen Boyd to the leaders of the House Judiciary Committee, the Justice Department acknowledged on Friday that a psychologist at the Metropolitan Correctional Center in Manhattan had approved millionaire financier and alleged sex trafficker Jeffrey Epstein's removal from suicide watch before he killed himself in his cell at the detention center in August.
Epstein was found unresponsive in his cell in July, though it's unclear if that was why Epstein was put on suicide watch in the first place, as Boyd's letter did not give a precise reason for the decision. Regardless, after being evaluated by a doctoral-level psychologist, it was determined those measures were no longer necessary. No reason was given for Epstein's removal, either, but Reuters reports that suicide watch is typically imposed as a short-term restriction. An inmate can only be removed, however, after a face-to-face meeting with a U.S. Bureau of Prisons psychologist.
Attorney General William Barr has said there were "serious irregularities" at the MCC, which falls under his authority. He reassigned the facility's warden and placed two guards who were responsible for watching Epstein on leave. Tim O'Donnell
After initially dismissing concerns, Brazil's Bolsonaro will send armed forces to fight Amazon fires
Brazil's President Jair Bolsonaro announced plans on Friday to send armed forces to fight forest fires in the Amazon, reversing course after days of dismissing concern about the ecological disaster.
"Whatever is within our power we will do," Bolsonaro told reporters. "The problem is resources." He added that the government will take a "zero tolerance" approach to environmental crimes. Researchers and environmental groups said the Amazon fires were started by humans.
This comes after Bolsonaro, who has made pledges to ease restrictions on protected areas and under whom deforestation has increased sharply across the country, said the fires were the result of warmer weather and criticized international concern as "sensationalist." But environmental groups blame Bolsonaro's policies, which have reportedly "emboldened" farmers and ranchers to clear land by setting fire to it.
However, Bolsonaro changed his stance as European leaders threatened a trade agreement, protesters took to the streets outside Brazilian embassies, and calls for a boycott of Brazilian products gained momentum. The New York Times notes that any punitive measures could "severely damage" Brazil's economy, which is already in trouble.
CNN reports that the Group of Seven leaders, who are convening in France on Saturday, are in accordance that stopping the fires is a priority. France's President Emmanuel Macron called it an "international crisis," and U.K. Prime Minister Boris Johnson said international action is necessary to protect the world's rainforests and that "we will use G-7 to call for a renewed focus on protecting nature and tackling climate change together." President Trump, whose past praise of and cordial relationship with the right-wing Bolsonaro has drawn criticism, offered U.S. assistance. Tim O'Donnell
President Trump's tweets have sent the stock market tumbling yet again.
After China announced increased tariffs on the U.S. and Trump tweeted a heated response, the Dow Jones Industrial Average immediately began falling and eventually closed down 623 points for the day. The S&P 500 also closed down 2.6 percent and the Nasdaq Composite dropped another 3 percent — just ahead of yet another tariff announcement by Trump.
China said Friday that it would instill tariffs on $75 billion of American products next month in retaliation for the White House's proposed levies. After an inflammatory response which sparked the stock market's Friday afternoon fall, Trump at 5 p.m. sent out a string of tweets announcing he'd increase the current 10 percent tariff rate on $300 billion of Chinese goods to 15 percent starting Sept. 1. He also announced that, starting Oct. 1, the 25 percent tariff on $250 billion in Chinese goods would be upped to 30 percent.
...Additionally, the remaining 300 BILLION DOLLARS of goods and products from China, that was being taxed from September 1st at 10%, will now be taxed at 15%. Thank you for your attention to this matter!
— Donald J. Trump (@realDonaldTrump) August 23, 2019
Trump's immediate reaction after China's announcement was to tweet "we don't need China and, frankly, would be far better off without them." He additionally "ordered" American companies "to immediately start looking for an alternative to China." Trump also lashed out at his own Federal Reserve chair after the central bank failed to guarantee lower interest rates, tweeting "my only question is, who is our bigger enemy, Jay Powell or Chairman Xi?"
The Supreme Court said Friday that Justice Ruth Bader Ginsburg has finished three weeks of radiation treatment for a malignant tumor on her pancreas, which was discovered during a July blood test, The Washington Post reports. "The tumor was treated definitively and there is no evidence of disease elsewhere in the body," the court said, adding that "no further treatment is needed at this time." Ginsburg was treated at the Memorial Sloan Kettering Cancer Center in New York.
This is Ginsburg's latest cancer bout after being treated for lung cancer last December; she subsequently worked from home and returned to the court within two months. She was also treated for pancreatic cancer in 2009, as well as for colon cancer in 1999.
According to the statement released on Friday, Ginsburg maintained "an active schedule" amid her treatment, aside from canceling a summer trip to Santa Fe. NPR reports that she continued work and has not canceled any of the 11 events she has scheduled for September. In an interview with NPR published not long before this latest treatment began, Ginsburg opened up about her health, saying, "There was a senator, I think it was after my pancreatic cancer, who announced with great glee that I was going to be dead within six months. That senator, whose name I have forgotten, is now himself dead, and I am very much alive." Brendan Morrow