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Top Senate Republican dismisses recession as Democratic fantasy, as Trump’s team frantically tries to head one off

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Chuck Grassley senate floor

On Monday, the Washington Post reported that President Donald Trump’s team is frantically considering a payroll tax cut to boost consumer spending, amid gloomy market signs and concern among Wall Street analysts that the risk of a recession is rising.

But it appears that Trump’s Republican allies in Congress are not on board with this idea. Sen. Chuck Grassley (R-IA), the chairman of the Senate Finance Committee, has articulated that he hasn’t talked about the matter with Trump — and that fears of a recession are premature.

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It remains to be seen whether the current economic fears have merit. But the president seems to believe they do — and he now has to convince his fellow Republicans to help him head it off.


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Fox News reporter and right-wing conspiracy theorists planned to wiretap family of slain DNC staffer Seth Rich: report

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The Daily Beast on Monday evening broke a bombshell report on a secret 2017 meeting in Texas on a right-wing conspiracy theory where espionage was discussed.

"One of their topics was responding to online critics of wealthy Texas businessman Ed Butowsky, who had recently been outed as a driving force behind a retracted Fox News story about murdered Democratic National Committee staffer Seth Rich," The Beast reported. "The group that gathered at Butowsky’s home included a conspiracy theorist, a Fox reporter fighting for her career, a former private intelligence contractor married to star journalist Lara Logan, and a Democratic PR operative who lost his business in the face of sexual assault allegations."

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Maddow breaks down potential ‘direct financial connection’ between the Russian government and Donald Trump

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MSNBC anchor Rachel Maddow read bombshell excerpts from a new book set for release on Tuesday.

The host interviewed David Enrich, finance editor at The New York Times, about his forthcoming book Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction.

The host of "The Rachel Maddow Show" read excerpts from the book.

"There was no doubt that Deutsche Bank had extensive business dealings with Russia, and those dealings included acting as a conduit for dirty money to get out of Russia and into the western financial system," Enrich wrote.

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Trump said he ‘loved’ the fact that America is more divided than ever: ex-GOP congressman

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President Donald Trump bragged about increasing divisions in America during a White House meeting, a former Republican congressman explained on MSNBC on Monday.

Former Rep. David Jolly (R-FL) told host Joy Reid that "Donald Trump has intentionally tried to create the anxiety" that Americans are explaining.

"Garry Kasparov, the Russian freedom activist, has said the point of disinformation isn't to manipulate the truth, it's to exhaust your critical thinking," Jolly explained. "To exhaust your critical thinking, that's what we're experiencing as voters."

"I had a colleague that was in a meeting in the Roosevelt Room and he said he heard Trump say, 'Have you ever seen the nation so divided?' My colleagues and others said, 'No, we haven't.' Trump said, 'I love it that way.' This is the currency that he's peddling as political strategy, but it's not one we have to accept," Jolly explained.

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