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US Politics In 60 Seconds

Get insights on the latest news in US politics from Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington

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Which Democrats are getting the most support from Wall St?

Is there turmoil in the Trump reelection campaign?

Well there's turmoil among Trump's pollsters. Some internal numbers leaked out showing the president doing very badly in battleground states. Trump denied them and then fired a bunch of the pollsters. So yeah a little turmoil there.

Is Mick Mulvaney on thin-ice with President Trump?

I don't think he is. Trump clearly doesn't like it when Mulvaney coughs during interviews as we saw in the ABC piece. But Mulvaney is well-liked in the White House and by Trump. So I think he's OK.

Which Democrats are getting the most support from Wall Street?

It's really a top three there. Joe Biden is the number one pick. He's fairly moderate and people think he can win. The other two: Kamala Harris and Pete Buttigieg are gaining a lot of Wall Street support.

And finally for The Rant: my rant this week is about Art Laffer, a conservative economist who's going to get the Presidential Medal of Freedom this week. Last week he blamed President Obama for the Great Recession, which is one of the more ridiculous things I've ever heard. That recession obviously started well before Obama, it was the financial crisis, the collapse of the mortgage market and the near failure of the banking system - to blame Obama is absurd.

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