| House passes resolution that lays out formal rules of the Trump impeachment inquiry | | |  | THU, OCT 31, 2019 | | | | | | WHERE BUSINESS AND POLITICS CONVERGE | | | | Hi readers,
Here in DC, we're still recovering from the big World Series win last night. GOOOOO NATS! But no rest for the weary. Ylan Mui spent the day on Capitol Hill, where the House voted to formalize an impeachment inquiry into President Trump. The resolution outlines the next phase of the inquiry, and Kevin Breuninger has all the details. Ahead of the vote, President Trump tweeted that the impeachment inquiry "is hurting our Stock Market." While Democrats' effort to impeach Trump isn't impacting the stock market yet, strategists say it could if it begins to hurt his re-election chances. Markets editor Patti Domm has that report.
While the impeachment proceedings take shape, the Trump administration continues to make plans for a meeting with China's President Xi to finalize details of a "phase one" U.S.-China trade deal. In the last 24 hours, the APEC Summit, where that meeting was set to take place, was canceled as a result of anti-government protests in Santiago, Chile. President Trump says a new location for a signing of the deal will be announced soon. Be sure to follow our tireless trade reporter Kayla Tausche (@kaylatausche) for updates on this very fluid situation.
It wouldn't be a week in Washington without a little tech industry drama. In a surprise move, Twitter announced it will no longer allow political ads on its platform. The move comes just weeks after Facebook said it would not block false political advertising, arguing that it would violate its mission to promote free speech. Twitter's move immediately sparked a response across the political spectrum ranging from praise to outrage. Lauren Feiner has a round-up of the response, and Steve Kovach examines how Twitter CEO Jack Dorsey and Facebook CEO Mark Zuckerberg have chosen to approach this controversial issue.
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| | Twitter bans political ads after Facebook refused to do so | | Twitter CEO Jack Dorsey said it would be "not credible" for Twitter to tell users it's committed to stopping the spread of misinformation while allowing advertisers to target users with political ads just because they've paid Twitter to do so. | | | | | | Capital Exchange
Growth in the Heartland
Small and medium sized businesses are the engine of the U.S. economy, as well as local economies. As once struggling regional cities experience a renaissance with companies and young workers returning to the urban core, we ask how policy and incumbent businesses can turbocharge this trend.
| | Growth in the Heartland December 4, 2019
Washington D.C. | |
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