Earlier today President Trump lead a discussion forum at the State Department library with cabinet members and corporate CEO’s to discuss ongoing economic policy and hear about the challenges.

One of the main challenges communicated by the business group was… wait for it.., yep, ObamaCare.  This concern is directly connected to any tax reform plans, and cuts to the heart of President Trump’s earlier economic strategy.

ObamaCare is, at the core, a massive tax program; and it becomes more difficult to navigate tax reform, with the anchor of ObamaCare dragging down opportunity for economic growth and the revenue growth that accompanies expansion.

[Transcript] 10:55 A.M. EDT – THE PRESIDENT:  Thank you all for being here.  Very much appreciate it.  I want to thank Steve Schwarzman for putting together this very incredible group of world-class business leaders.  That’s what you are.

Also, joining us are Secretary Betsy DeVos, Secretary Wilbur Ross, Secretary Elaine Chao, EPA Administrator Scott Pruitt, and my budget director, Mick Mulvaney.  That’s an easy job.  Where’s Mick?  (Laughter.)  Such an easy job.  It’s the easiest job of anybody in the government — right, Mick?

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Today President Trump and President Xi JinPing of China conducted bi-lateral meetings to discuss ongoing concerns surrounding trade, finance, military engagement, and the need for China to assist in leverage over North Korea’s hostilities.

[Transcript] 11:22 A.M. EDT – PRESIDENT TRUMP:  I just want to say that President Xi and all of his representatives have been really interesting to be with.  I think we have made tremendous progress in our relationship with China.  My representatives have been meeting one-on-one with their counterparts from China.  And I think, truly, progress has been made.  We’ll be making a lot of additional progress.

The relationship developed by President Xi and myself I think is outstanding.  We look forward to being together many times in the future.  And I believe lots of very potentially bad problems will be going away.

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This morning President Trump and Vice-President Pence hosted a town hall on American Business.  The town hall consisted of CEOs and business leaders gathered to discuss infrastructure and the need to reduce regulations in order to help alleviate the restrictions that have plagued businesses.

[TRANSCRIPT] 10:41 A.M. EDT – THE VICE PRESIDENT:  It’s a great privilege to be able to welcome you to the White House.  Thank you so much.  I want to thank everyone involved in the Partnership for New York City — Michael Corbat, Stephen Schwarzman.

It’s an honor to have the leaders that are gathered in the room here with us today.  I know the President is on his way over, and it’s my great privilege this morning to share a few thoughts, in the midst of this important conversation on the topics that you’re covering before I introduce my friend and the 45th President of the United States.

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As an outcome of a 1970’s era court decision regarding the racial constructs of the student population, if there are too many non-minority students the school budget is reduced. The Los Angeles Unified School District provides more funding for schools where the white population is below 30 percent.
NORTH HOLLYWOOD, LOS ANGELES (KABC) — Outrage has grown at Walter Reed Middle School in North Hollywood, as the school faces layoffs and increased class sizes due to a law limiting funds for schools with a higher white student body.
The Los Angeles Unified School District provides more funding for schools where the white population is below 30 percent. In a letter to parents, the district noted the highly regarded middle school had been above the percentage for the past couple years.
The racial formula was a condition imposed by court decisions dealing with desegregation in the 1970s. Parents, however, remain frustrated with what the cuts might mean for their children. (read more)

The Montgomery County Public School superintendent, Jack R. Smith, held a press conference last night to discuss the rape of a 14-year-old ninth grade student by two illegal alien students, also enrolled in the ninth grade, aged 17 and 18.
Mr. Smith begins the press conference by stating anyone who opposes undocumented adult illegal aliens being allowed to enroll in Montgomery County Public Schools with young students is a bigot and a racist.
The far-left political advocacy of this progressive School Superintendent is stunning.   This school district is so far over the ideological deep end, it seems hopeless for the residents and parents. (more…)

President Trump has initiated a new administration protocol of greeting each foreign dignitary personally at the entrance to the White House upon each visit.

Today German Chancellor Angela Merkel visited the White House and attended a cabinet room roundtable discussion with U.S. and German business leaders on the topic of vocational training.  Anticipating a future trade negotiation President Trump also brought Commerce Secretary Wilburne (Ross) to engage:

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12:58 P.M. EDT [Transcript] PRESIDENT TRUMP: Chancellor, thank you very much. Such a great honor to get to know you, to be with you. I want to thank all of the business leaders who have joined us to discuss a subject that’s very important to me — training our workforce for the 21st century, especially with respect to manufacturing jobs.
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Earlier today President Trump met with his cabinet members and outlined the administrations’ expectation they immediately conduct a wholesale review of each department in order to lower costs, shrink the size of their departments and utilize their leadership and executive skills to remove cost redundancy with extreme urgency.

To accomplish this goal, President Trump signed an Executive Order initiating an immediate reorganization of the executive branch –SEE HERE–   Including the elimination of “unnecessary agencies” as identified in the review.

Section 1.  Purpose.  This order is intended to improve the efficiency, effectiveness, and accountability of the executive branch by directing the Director of the Office of Management and Budget (Director) to propose a plan to reorganize governmental functions and eliminate unnecessary agencies (as defined in section 551(1) of title 5, United States Code), components of agencies, and agency programs.

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[Transcript] 3:07 P.M. EDT – THE PRESIDENT:  Hello, everybody.  I’m proud to welcome everyone to our first official Cabinet meeting. (more…)

Our President Trump met with the CEO’s of various small and community banks earlier today as part of the financial reform that underpins much of the overall Trump economic agenda.
Previously President Trump issued an executive order which modified, actually tiered, the choking rules, regulations and compliance reporting within Dodd-Frank banking rules which buried smaller locally operated banks with the same regulatory framework as massive financial institutions.
The next aspect of Trump’s financial reform will most likely come in some form of reinstatement of the Glass-Steagall Act. President Trump personally put the reinstatement of Glass-Steagall into the GOP platform as part of uncoupling Wall Street financial policy from Main Street financial needs. [More explanation on that below]

[Transcript] 11:17 A.M. EST – THE PRESIDENT: Thank you, everybody, very much. Good morning and I greatly appreciate you being here. We have some real experts with us and we have some great bankers with us.
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There is a very disturbing story out of Missouri where a University of Missouri Kansas City (UMKC) student was raped in her dorm room by an illegal alien, and later re-victimized by the media and University who are covering up the crime and the suspect’s illegal status.

The 22-year-old suspect, Juan Contreras, is seen on CCTV actually carrying an unconscious female student passed a security desk which is supposed to be staffed 24/7 by the university.   Contreras then raped the student repeatedly in her dorm room all night. The University has provided no explanation as to how a rapist was allowed to simply walk by their security desk.   (more…)

Education Secretary Betsy Devos gives the keynote address at the Magnet Schools of America 2017 National Policy Training Conference.

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