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Category Archives: Bob Corker

Trump To Announce Anti-Tank Missile Exports To Ukraine

Earlier this week the Washington Post reported that President Trump has decided to come off the fence regarding his prior reluctance to formally approve lethal arms sales to the US-backed government in Kiev, Ukraine, and has now moved forward with Obama-era legislation to export weapons to the war-torn country. Though as was noted at the time this commercial license approval […]

US Yield Curve Crashes Most In 6 Years As Stocks, Bitcoin Hit Record Highs

What could go wrong?   Small Caps exploded higher today, driven by financials, presumably on tax reform hype.. but after Bob Corker said "yes" there was some notable "sell the news"… Notably, as soon as the cash market closed, futures ripped to the highs of the day…   On the week, Nasdaq (green) and Dow […]

Stocks Surge To All Time High As Corker Unexpectedly Joins Rubio In Supporting GOP Tax Bill

Update: Just hours after Rubio announced that he would support the reconciled Republican tax plan, Tennessee Sen. Bob Corker – the only Republican who voted against the Senate tax bill – has said he, too, will support the legislation. By supporting the bill, Corker – who has publicly feuded with President Trump, famously comparing the […]

Bob Corker Says Tillerson “Doesn’t Plan To Be Ousted”

Update: Bob Corker, chairman of the senate foreign relations committee, said Thursday that he spoke with Tillerson after the New York Times reported that he would soon be pushed out of the Trump administration, and the secretary of state has no plans to leave his post. That's contrary to the NYT's claim that he's judiciously […]

In Critical Test Of Tax Reform Bill, Senate Narrowly Approves Motion To Start Debate With 52-48 Vote

Update (5:55PM EST): After a full day of debating the GOP tax reform bill, the Senate has now approved a motion to…drum roll please…debate the GOP tax reform bill.  As we detailed below, this was the first big test for the GOP’s tax bill before the entire Senate and it narrowly passed with a vote […]

These 8 Republican Senators Have Serious Reservations About Tax Reform

As we’ve repeatedly pointed out, Mitch McConnell’s push to force tax reform through the senate is facing opposition from several disparate groups of senators, each of which is demanding its own set of changes. Concerns primarily center on the taxation of partnerships, limited liabilities and other companies; on the overall cost of the tax bill […]

US Administration Defends Its Right To Start Wars On A Whim

Authored by Andrei Akulov via The Strategic Culture Foundation, The US Constitution says that only Congress can declare war for an extended time but there is a workaround. Congress approved the 2001 Authorization for Use of Military Force (AUMF), giving the president the authority to track down and destroy al-Qaeda and the Taliban. The resolution stipulates that […]

Buchanan: “It’s Trump’s Party Now”

Authored by Patrick Buchanan via Buchanan.org, “More is now required of us than to put down our thoughts in writing,” declaimed Jeff Flake in his oration against President Trump, just before he announced he will be quitting the Senate. Though he had lifted the title of his August anti-Trump polemic, “Conscience of a Conservative,” from […]

Jeff Flake Blasts “Reckless, Outrageous And Undignified” Trump; Announces Retirement From Senate

Update (4:30 PM EST): Not surprisingly, Jeff Flake has awarded his first, post-resignation interview to CNN who just happens to be making a lot of new Republican friends today…Here’s what he had to tell Jake Tapper: Sen Jeff Flake: Republicans ought to stand up and say “this is not right, this is not us, this […]

Tax Reform Suddenly In Jeopardy: Corker, McCain And Paul May Not Back Tax Cuts

With pundits attributing the ongoing market rally, which last week manifested itself in a “perfect week” when every single day was a new record high, the first such occurrence in over two decades, to rising hopes that Trump’s tax reform will pass, the worst possible news for the market was that a blocking group of […]