Trump visits North Korea, and Mayor Pete hits it big

Your guide to how Washington shapes business and the economy

VIEW IN BROWSER | SUBSCRIBE MON, JUL 01, 2019 CNBC POLITICS EDITOR'S NOTE Hello readers,   Welcome to the short holiday work week as the nation will celebrate its birthday on the Fourth of July.   It was an eventful weekend in the world of politics. President Trump didn't take too long in snagging back the spotlight from the 2020 Democratic contenders on the heels of their debates last week. He pushed the pause button, yet again, in his trade battle with China. Then Trump made an even bigger splash with his quick meeting with North Korea dictator Kim Jong Un in the DMZ, becoming the first sitting American president to set foot on North Korean soil. His supporters lauded the move as a bold step for peace with a hostile regime. His critics accused him of legitimizing a murderous tyrant without extracting any real concessions.   Back in the states, the 2020 Democratic field finished the second quarter fundraising period with a bang. Pete Buttigieg was first on the scoreboard with his big $24.8 million total. It helps show that the South Bend mayor is a legitimate player in the race. Kamala Harris seized on her widely praised debate performance by raising $2 million in 24 hours, setting her up for a good second quarter haul, too. Other candidates should be reporting their numbers in the coming days.   We hope you enjoy the holiday this week. Don't work too hard.   Have friends or colleagues who might like this newsletter? They can sign up here. If you want more from CNBC on the convergence of business and politics you can also sign up for our weekly Capital Exchange newsletter here. Mike Calia @Michael_Calia KEY STORIES  Pete Buttigieg raises $24.8 million in the second quarter as his White House bid gains momentum He's among three 2020 candidates for president, including former Vice President Joe Biden and California Sen. Kamala Harris, who have received the support of top financiers across the country. Koch network throws its weight behind Silicon Valley in the regulatory battle with Washington The industry has come under fire from both sides of the aisle, and the libertarian Koch network said it would not hesitate to cross party lines to defend innovation. Trump becomes first sitting US president in history to cross border into North Korea While Trump and Kim Jong Un spoke of reconciliation, the American president said that sanctions on North Korea over its nuclear weapons and missile development programs would stay for now. Trump's two Supreme Court justices Kavanaugh and Gorsuch split in first term together Justices Neil Gorsuch and Brett Kavanaugh, President Trump's two Supreme Court appointees, disagreed more in their first term than any such pairing since Kennedy was president. Majority of Americans say they won't donate to 2020 presidential campaigns A peak in political polarization is spurring voter engagement and more small-dollar donors for 2020 presidential election campaigns. But the majority of Americans have not donated or have no plans to donate money to presidential candidates, according to the CNBC and Acorns Invest in You Spending Survey. US and China agree to continue tariff talks. Here's a timeline of how the trade war started Trump's face-to-face meeting with Xi at the G-20 summit in Japan is just the latest step in a U.S.-China trade war with huge global implications.       Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2019 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS