A very unusual report from Reuters announces the White House has extended an invitation for the entire U.S. Senate to come to the White House for a policy and security briefing on North Korea.  The briefing is scheduled for 3pm Wednesday:

(Via Reuters) Top Trump administration officials will hold a rare briefing on Wednesday at the White House for the entire U.S. Senate on the situation in North Korea, senior Senate aides said on Monday.

All 100 senators have been asked to the White House for the briefing by Secretary of State Rex Tillerson, Secretary of Defense Jim Mattis, Director of National Intelligence Dan Coats and General Joseph Dunford, chairman of the Joint Chiefs of Staff, the aides said.

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Office of Management and Budget Director Mick Mulvaney appears on Bloomberg News to discuss the seismic, epic, thundershock confrontational clash that is about to take place between the Trump administration and the DC UniParty.

There are no adjectives capable of describing the scope and immeasurable scale of the battle that is about to transpire between the White House and the Democrat/Republican UniParty.

MONEY is where every entity within the full-swamp goes nuclear against President Trump and the administration.  Despite all prior discussions toward this end, it is doubtful that more than one-in-a-million people can fully grasp the dynamic at play.

Because the procedural wonk is so inherently riddled with ten thousand tentacles of political schematics, I will defray the wonk-speak until after the video.

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If you are interested in deep political weeds, keep reading. However, if you have blood pressure issues or are concerned about your physical or mental health, STOP HERE and go enjoy life. Believe me.

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Attorney General Jeff Sessions and DHS Secretary John Kelly visited the Southern border today and paused for an interview with Martha MacCallum:

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Almost simultaneously, OMB Director Mick Mulvaney gave an interview to the Associated Press where he outlines the White House priorities for the upcoming ‘bridge budget’ bill. The short-term budget (May through Sept 30th) is needed because congress never passed a budget from 2008 through 2017, and a continuing resolution spending bill expires on April 30th.

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Following an earlier expansive press briefing by Commerce Secretary Wilbur Ross, President Trump signs a memorandum in the Oval Office to outline launching an investigative trade memorandum on the steel industry.

[Transcript] 12:13 P.M. EDT -THE PRESIDENT:  Thank you very much.  We appreciate everybody for being here.  It’s a historic day for American steel and, most importantly, for American steelworkers.  Thanks, especially, to Secretary Wilbur Ross for helping to lead this critical effort.  We’ve been working on it since I came to office, and long before I came to office.  We’re going to fight for American workers and American-made steel.  And that’s beginning immediately.

For decades, America has lost our jobs and our factories to unfair foreign trade.  And one steel mill after another has been shut down, abandoned, and closed, and we’re going to reverse that.  Other countries have made a living taking advantage of the United States in so many ways, as you know, and I’ve been talking about that for a long time.

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Remember, nothing is ever disconnected – nothing is happening in a vacuum, every administrative action has a specific administrative policy at the effect level of the action.

♦President Trump has promised to rebuild our military assets.  ♦Over the past several decades our big steel manufacturing capacity has dropped.  ♦Today Secretary Ross announces efforts to investigate risks of import steel reliance.  These three things are not disconnected.

[Transcript] 11:10 A.M. EDT – SECRETARY ROSS:  Thank you very much for coming this morning.  Last night, the Department of Commerce initiated an investigation under Section 232 of the Trade Expansion Act of 1962.  The technical caption is 19 USC 1862.

What that’s all about is that authorizes the Secretary of Commerce to conduct comprehensive investigations to determine the effects of imports of any particular item into the United States on the security of the country.  This has been invoked a number of times before, most notably in the period of the Arab oil crisis some years ago.

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There are many people rightly concerned about legislative issues seemingly stuck in the mud.   However, what many of those same people seem to forget is the basic reality of President Trump’s America-First agenda being opposed by professional republicans even more than it is opposed by professional Democrats.  DC is a UniParty.

Republican and Democrat political leadership, the UniParty writ large, have been paid to protect the legislative priorities of the multi-billion lobbying group known as K-Street.

The fallacy of false choice lies behind the concept of controlled opposition.

Prior to Donald Trump there was only one political party in DC, the Uniparty. President Trump represents the alternative; the second party.

For almost five years we have been pointing out the construct.  The UniParty have three unwavering primary objectives as purchased by the lobbying groups: 1) Retention of Obamacare; 2) Budgetary spending to retain growth of government; and 3) comprehensive immigration reform to include amnesty.

These three primary legislative issues are not up for debate, modification or discussion.  The legislative outcomes have been purchased, multi-million-dollar investments made, and the interests behind the legislative constructs will not allow any elimination or concession.

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Noting President Trump’s Asian Strategy. [High Profile, but Under-reported] •A firm open hand •leveraging new policy •structured around personal trust •building modern alliances:

♦February 10th – President Trump hosted Japanese Prime Minister Abe at the White House and at Mar-a-Lago, w/both spouses, to discuss regional issues (including N-Korea).

♦February 27th – President Trump and Chinese State Councilor Yang Jiechi meet in the White House Oval Office to discuss regional issues (including N-Korea).

♦March 15th – Secretary of State Rex Tillerson visits Japan, South Korea and China to follow up on February’s conversations and discuss the forward path (including N-Korea).

♦April 6th and 7th – President Trump hosts Chinese President Xi Jinping in Mar-a-Lago where they discussed all of the critical bilateral and regional issues (including N-Korea).

♦April 15th – Vice President Pence arrives in Asia for a ten day visit; positioned as the steady, stable and reliable administration policy closer (including N-Korea).

The White House (Trump) approach and results so far have been stunningly effective.

There have been more consequential Asia-Pacific/U.S. results (trade, economics and security) in the past two months than in the prior ten years. The stunningly successful and deliberate strategy continues today with Vice President Mike Pence in Japan.

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Perhaps it’s because the complexity is difficult to distill; maybe it’s because some just can’t give President Trump any credit; or perhaps it’s because the scope is too challenging to comprehend against the constant belittlement meme du jour.  Regardless of reason, President Trump is fundamentally realigning international geo-political alliances and almost no-one is connecting the dots.

President Trump obviously held a long-ball strategy with the Chinese; he’s described the approach in his books and lived the approach in his business life:

At the outset, position yourself at the furthest oppositional point when it costs you nothing; then leverage inward toward your opponent as they expend their resources to meet your stance.

Almost no-one is noting the scope of what President Trump has accomplished simply by positioning himself at the furthest extreme from the best interests of China, and then working his leverage back toward dual-interests as the Chinese expend capital to meet the point of mutual benefit.

President Trump has expended nothing other than his sheer will, and yet he has leveraged gains that are jaw-droppingly consequential.

♦ What’s the goal of identifying China as a currency manipulator?  To stop China from manipulating currency, right?  Well, arm-chair opposition says President Trump has reversed his position simply by ‘not doing something’.   However, that opposition doesn’t seem to acknowledge the end-goal of the labeling has been achieved without expending an effort.   The doing is unnecessary when merely the threat of the doing changes the behavior of the doer.

In two days, April 6th and April 7th, President Trump met with Chinese President Xi Jinping.  What actions has President Trump taken, other than ‘not’ doing something, and what actions has President Xi Jinping taken? (more…)

To say we consider Commerce Secretary Wilbur Ross a man with a unique skill-set for this defined moment in U.S. economic history would be an understatement of epic proportions. Ross is one of the most consequential and dynamic forces within the President Trump administration.

That said, Secretary Ross also knows the real economic adversary is not necessarily external to our border. The bought-and-paid-for UniParty congress has been under the influence of the globalist-minded U.S. Chamber of Commerce, and the myriad of K-Street lobbyists, for almost two decades.

Today, Wilbur “Wilburine” Ross fires a shot across the bow of the U.S. Economic Swamp Defenders:

Our message is simple – the games are over, and improper treatment of the United States will no longer be tolerated. We will approach future negotiations and actions with a clarity of purpose guiding us as we work to establish both free and fair trade.

Unfortunately, NAFTA negotiations cannot begin until Congress accepts our 90-day notification letter in compliance with the Trade Promotion Act. But, under President Trump’s leadership, I have no doubt that we will be successful in rebalancing American trade in favor of American workers and businesses.

There are, as you know, trillions of dollars at stake. The American electorate have no reference points for the battles that lie ahead within budgets and trade principals.  The Trump administration will necessarily direct attention to the real source of political power and influence, the DC financial system. (more…)

President Trump has expressed support for the continuation of the Import/Export bank. This has seemingly shocked a few people from conservative circles because the modern conservative doctrine has been to oppose the I/E bank.

However, Trump’s position hopefully does not come as a surprise to CTH readers because we identified a year ago how President Trump’s economic policies would seek to refocus the original intent of the Import Export Bank.

The key aspect is to return the IE to its “original intent“; not the bastardized Wall Street construct that exists today as a result of corrupt DC economic policies driven by the Wall Street’s legislative priorities purchased by multinational banks and corporations.

For more than three decades Wall Street has corrupted the economic policies emanating from DC.  The corrupted economic policy created the two economies previously discussed and the disconnected the engine of Main Street from Wall Street.  Yes, we originally shared this discussion in April of 2016, a year ago:

In 2009 the popular conservative opinion was to declare the Supreme Court’s Citizens United decision a win for “our side“. Of course, the decision ultimately opened the floodgates for unlimited corporate spending in elections via the new Super-PAC approach.

In 2016 90% of all American’s polled believe there is too much special interest money in politics, and both political parties no longer need the financial support of the electorate. Corporate lobbyists were always problematic, but now in a post CU world they control almost every aspect of electoral politics – including who wins elections. Citizens United wasn’t a win, its consequence was a major fail.

Within that reality you find one of the synergies between candidate Donald Trump and former candidate Bernie Sanders. The popular insurgencies supporting each candidate rail against the corrupting corporate financial influence. Party leadership? Meh, not-so-much.

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