James Hohmann, The Washington Post Published 8:53 am, Wednesday, March 14, 2018 National Republicans threw the kitchen sink to hold a House seat in Pennsylvania that President Donald Trump won by 20 points. But while the special election remains too close to call, Democrat Conor Lamb clings to a narrow lead and declared victory early Wednesday morning. The media will focus Wednesday on what an embarrassment it is for Trump to lose in the heart of his geographic base of support. He went to Pittsburgh twice in the closing weeks to boost Republican Rick Saccone, including on Saturday, and tweeted his support again on Tuesday. The White House also deployed Don Jr., Ivanka, Kellyanne Conway, Mike Pence and even Interior Secretary Ryan Zinke to help. The bigger reason that the savviest GOP operatives in town are freaking out right now, though, is that the results underscore the degree to which the party has been unable to home in on a message that can reliably win races in … [Read more...] about The Daily 202: Pennsylvania special election shows GOP still hasn’t found a winning midterms message
Paige Winfield Cunningham, The Washington Post Published 12:48 pm, Monday, March 12, 2018 Here's an irony as Capitol Hill Republicans consider how to tackle the nation's opioid crisis: Doing it through Medicaid - the low-income health insurance program they spent last year attacking in Obamacare repeal efforts - is probably the quickest way to expand help to those who need it. The health insurance program for low-income individuals covers a whopping four in 10 non-elderly adults with opioid addiction, according to the Kaiser Family Foundation. That's why experts and dozens of activist groups agree that expanding counseling, medication-assisted treatment and other crucial addiction interventions for Medicaid patients would go a long way toward countering the country's sweeping struggle with opioid overdoses. "We hope as Republicans are thinking through their next steps on the opioid epidemic, they're thinking about how Medicaid can reach these individuals," Rebecca … [Read more...] about The Health 202: Republicans, Medicaid is a key way to tackle opioid abuse
Tory Newmyer, The Washington Post Published 9:11 am, Thursday, March 8, 2018 Steven Mnuchin will not be the new Gary Cohn. The treasury secretary this week laid to rest any hope among Wall Streeters that he'll backstop the departing economic adviser in battling the administration's ascendant protectionists. Cohn announced his resignation Tuesday after refusing privately to endorse President Donald Trump's global tariffs on steel and aluminum imports. On Wednesday, Mnuchin continued a series of public appearances to defend them. Mnuchin and Cohn are often discussed as a pair - Larry Kudlow, an outside economic adviser to Trump named as a possible Cohn successor, this week described them as the "two pillars" of the president's fiscal team - and it's easy to see why: They're both Goldman Sachs alums with Democratic leanings making their first forays into public service for a president who ran against what they exemplify. But whereas Cohn sometimes brashly challenged the … [Read more...] about The Finance 202: Wall Street can’t rely on Steven Mnuchin to buck Trump
Tory Newmyer, The Washington Post Published 8:19 am, Wednesday, March 7, 2018 Like the tariffs that drove him out the door, the fact that Gary Cohn has telegraphed his exit for months didn't soften the blow when he announced it Tuesday evening. The National Economic Council director plans to stay on the job for several weeks. But his decision amounts to a declaration of defeat in the West Wing fight raging over trade policy. Cohn had been organizing a meeting for President Trump to hear directly from business leaders opposed to the steel and aluminum tariffs - a last-ditch attempt by the captain of Team Free Trade to head off the global levies - but the president blocked it, The Washington Post's Damian Paletta and Phil Rucker report. Investors got the message, with Dow futures selling off more than 350 points and S&P 500 futures dipping 1 percent in the immediate after the news. "Any move of more than 1 percent is significant, although nowhere near the worst the … [Read more...] about The Finance 202: Cohn’s exit means Wall Street is losing its biggest ally in Washington
Tory Newmyer, The Washington Post Published 7:27 am, Tuesday, March 6, 2018 The Trump administration is vexing Wall Street with a Jekyll-and-Hyde routine this week, simultaneously moving to slash regulations on the financial industry while threatening to launch an economy-rattling trade war that would take a bite out of its bottom line. The state of play highlights the confusion that has always presided at the heart of Trump's economic approach: The president won on a populist pledge to avenge dispossessed blue-collar workers by savaging entrenched power on Wall Street. But he also promised to dismantle post-crisis restrictions on the financial industry and stocked his administration with former financiers. Despite each other, both causes look primed to advance this week. Local Channel Now Playing: Now Playing Neighbor shot at scene of car crash San Antonio Express-News Masked robbers who targeted SA corner store seen in surveillance San Antonio … [Read more...] about The Finance 202: Trump wants tariffs. But he also wants to weaken Wall Street regulation.