President Trump is likely to name a new Federal Reserve chair over the next few days. Speculation is focused on current Fed governor Jay Powell and Stanford University economist John Taylor. The list may be larger; it could still include current Chair Janet Yellen or Kevin Warsh. Trump is soliciting opinions and advice from people inside and outside government. We will see soon enough.
With the Virginia primary less than a week away, the eyes of the political world are now focused on the Old Dominion. Considering the early polling in New Jersey’s gubernatorial general election contest, where Phil Murphy (D) starts as the favorite over Lt. Gov. Kim Guadagno (R) after both won their respective party nominations on Tuesday (more on that below), it seems likely that Virginia’s race will be the marquee election of 2017, though the June 20 House special election in GA-6 might have a case. Here’s what to look for in the Virginia primary on Tuesday, June 13.
When Office of Management and Budget Director Mick Mulvaney unveiled President Trump's new budget, he used language that is so important -- although we haven't heard it in so many years.
On Monday, Senate Majority Leader Mitch McConnell (R-KY) moved to end debate on the nomination of Gov. Terry Branstad (R-IA) as the next U.S. ambassador to China. While the exact timeline is uncertain — Democrats could try to stall the appointment — Branstad’s confirmation for the diplomatic post is expected very soon. Upon becoming ambassador, Branstad will resign the Hawkeye State governorship and hand the reins over to Lt. Gov. Kim Reynolds (R), who will become Iowa’s first woman governor. Once she takes office, Reynolds is expected to run for a full term in 2018 as a gubernatorial incumbent, albeit a “successor incumbent” rather than an elected one.
With politicos everywhere turning their eyes to the still-distant 2018 midterm election, we thought it would be useful to review some of the basic differences and similarities between the electorates in presidential and midterm cycles. Basically, midterm electorates are smaller, older, and less diverse than presidential ones, but the demographic voting patterns and divisions that we see in midterms are quite similar to presidential contests. What follows is a look at the similarities and differences between the two kinds of national electorates. For the most part, this analysis is based on exit poll data: We used the national exit poll data for the presidential race in presidential years and the national exit poll data for the national House vote in midterm years.
Election years are separate but also connected. Assuming he is confirmed by the Senate to be the next secretary of Health and Human Services, Rep. Tom Price (R, GA-6) will be vacating his suburban Atlanta seat sometime soon. He would be replaced by the winner of a special election, which could be held as soon as this spring. All candidates from all parties will compete in a single “jungle primary,” and barring anyone winning a majority of the vote, the top two finishers will advance to a runoff election.
Tomorrow marks the start of the brave new world of President Donald J. Trump. But today marks the end of the Obama-to-Trump transition. They, and we, survived the interregnum, more or less — and it was not guaranteed and is worth celebrating.
It’s already clear that the very strange political year of 2016 is bleeding over into the New Year. How could it be otherwise? President-elect Donald Trump, loved and hated by about equal numbers of Americans, continues to ignore or break with convention in a wide variety of areas. Just as the normal rules didn’t apply to him in the campaign, they may not apply to him in office either.
Well, what can we say — we blew it.
After a nearly two-year campaign — kicked off in December 2014 by Jeb Bush (remember him?) — we’ve come to it at last. Election Day is less than 24 hours away.