Earlier today President Trump hit back against a ridiculous media and political narrative that in a series of tweets:
The example of Mark Warner is particularly poignant. In 2017 Senator Mark Warner was texting with lawyer/lobbyist Adam Waldman about setting up a covert meeting with British intelligence operative and dossier author Chris Steele.  Waldman is a lobbyist/lawyer with a $40,000 monthly retainer to represent the U.S. interests of Russian billionaire Oleg V. Deripaska.
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President Trump travels to Iowa today to deliver a policy speech on renewable energy.  The remarks are taking place at Southwest IA Renewable Energy in Council Bluffs, Iowa. Later this evening President Trump will deliver remarks at the Republican Party of Iowa annual dinner.  Start time for the energy speech approximately 4:20pm EST:
UPDATE: Video Added

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White House Council of Economic Advisers Chairman Kevin Hassett squares-off against Fox Business crew on trade tensions with China, the state of the U.S. economy, the outlook for Federal Reserve policy and his upcoming departure from the White House.
Steve Forbes is disconnected from the reality of what happens with tariffs on China. Beijing first responds to off-set the tariff by lowering the value of their currency, and/or subsidizing the targeted products. There is no price increase to U.S. consumers (check inflation).

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Apparently President Trump was watching the segment, and had a word for Maria Bartiromo, Dagan McDowell, Steve Forbes and Stuart Varney:
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Do not overlook the importance of President Donald Trump publicly calling out the largest DC lobbyist group, and epicenter of Big Club corruption earlier today.  During a widely discussed CNBC interview today President Trump landed two torpedoes directly below the waterline on the U.S. Chamber of Commerce.

The U.S. CoC is the largest influence purchaser in Washington DC, and the benefactor of dozens of the highest politicians in both the House and Senate.  The Wall Street funded CoC, and their President Tom Donohue, was already frustrated at their inability to influence President Trump and White House economic/trade policy.  President Trump is now confronting their self-serving politics directly.
The CoC is the lead U.S. member of the multinational ‘Big Club’, and has driven policies directly against Main Street USA for three decades.  Until now no modern U.S. President has ever been willing, or fearless enough, to take them on…. ‘until now’.  A few days ago the U.S. CoC threatened to sue President Trump over countervailing tariffs.
Today, President Trump hit back hard; this is an excellent development.
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House Speaker Nancy Pelosi and Judicary Chairman Jerry Nadler constructed a political hearing to kick-off their impeachment narrative and fuel their base.  In an effort to create the appearance of hearing credibility the plan was to use testimony from former Nixon White House Counsel John Dean.  The plan failed, miserably…  Dean was showcased for what he is, a political prop for the left-wing base of MSNBC moonbats.
Committee members Jim Jordan and Matt Gaetz spotlight the ridiculous positions of Mr. Dean by highlighting his ideological history and presenting questions which showcase the absurdity of it all.  First up, Jim Jordan:

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Following Mr. Jordan, representative Matt Gaetz: “the ghost of Christmas past“….
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Today the House Judiciary Committee led by Chairman Jerry Nadler officially begins the House Impeachment Hearings.  Yes, these are impeachment hearings; they are just being presented under other names in an effort by Democrats to avoid the political fallout from holding impeachment hearings. They’ll get away with it because: (1) U.S. media are on their team; and (2) Leadership Republicans are idiots (and many also on the ‘D’ team).
The hearings will be broadcast live and -by design- carried on most media outlets. Speaker Nancy Pelosi and Chairman Jerry Nadler, having planned the approach for several months, name their impeachment kick-off event:

“Lessons from the Mueller Report: Presidential Obstruction and Other Crimes”

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[John Dean Testimonial embed below].
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Appearing on Fox News Sunday acting Homeland Security Secretary Kevin McAleenan discusses the approach by President Trump to impose import tariffs on Mexico if the administration of President Lopez-Obrador does not fulfill their pledge.
Along with outlining the Mexican agreement, McAleenan notes President Trump is absolutely willing to impose the tariffs on Mexico if there is no substantive and immediate improvement to stem the flow of Central American migrants.

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HPSCI ranking member Devin Nunes appears on Fox News with Judge Jeanine Pirro to discuss ongoing political issues.  During the interview Representative Nunes outlines the House hearings scheduled for next week.
The framework and purpose of this upcoming week is something we have outlined since January; democrats are forming the foundation for impeachment as a political tool.  The comments from Nunes about impeachment hearings begins at 05:00 [WATCH]

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As we discussed last week, all of this is by design. Nancy Pelosi and the House Democrats are structuring a contempt vote against U.S. Attorney General Bill Barr for next week, June 11th.   As part of the current construct, the Lawfare alliance of legal advisers and staff are writing specific language into the vote that will automatically allow more contempt votes against the Trump administration without hearings.
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Interesting, albeit not surprising, report from the New York Times after they are debriefed by a group of U.S. tech industry executives about a compliance meeting in China.
The Beijing regime of Chairman Xi Jinping summoned leaders from the top of U.S. tech industry companies and informed them of consequences for complying with U.S. laws that relate to black-listed Chinese industry; ie. Hauwei.  It will be interesting to see how this dynamic plays out.
Beijing is counting on the far-left anti-American ideology within Silicon Valley to create a communist economic alliance on U.S. soil that will work against the interests of the American people.

SAN FRANCISCO — The Chinese government this past week summoned major tech companies including Microsoft and Dell from the United States and Samsung of South Korea, to warn that they could face dire consequences if they cooperate with the Trump administration’s ban on sales of key American technology to Chinese companies, according to people familiar with the meetings.

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The border and migration “agreement” with Mexico is a smart move by President Trump. If you worry that Mexico won’t take any action, well, don’t underestimate the dynamic President Trump just put into play.
Financial investment flows based on expectation, probability and risk management. If you don’t think Mexico will follow-up with their end of the bargain; then you are predicting the tariffs will reappear in 90-days.

Overlooked by most of the financial pundits President Trump has pre-positioned risk management actuaries with the basis for their analysis and internal investment advice. In a similar move last year, President Trump suspended tariffs against China based on an agreement (G20 summit in Argentina). After several months and a 150 page initial agreement of principle, China walked away from their prior promises and  terms.  The tariffs against China were immediately implemented at the previous rate.
That China example with tariffs is now the baseline for all multinational investment to consider as they review their current exposure in Mexico. If any financial investor (bank or corporation) believes Mexico will not adhere to the border/migration agreement, then by extension they are accepting/predicting the Mexican tariffs will take effect in 90-days.
Put another way… President Trump has just given notice to all global business interests to organize their financial affairs toward Mexico within 90 days.
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