IADB President Luis Moreno on misperceptions of Latin America
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The coal-fired Plant Scherer, one of the nation's top carbon dioxide emitters, in Juliette, Ga. Photo: Branden Camp / AP
The Trump administration is taking a preliminary step toward regulating carbon emissions from America's power plants, according to a document obtained by Axios.
Why it matters: The move, which has been expected from the Environmental Protection Agency, comes after the administration repealed former President Obama's more sweeping rule cutting power-plant carbon emissions.
The big picture: This is the first concrete effort by the administration to try to replace, instead of wholly repeal, Obama's environmental and climate regulatory agenda. Across the Trump administration, agencies have been repealing a host of environmental regulations, but it takes a lot of time and staff hours to repeal and, in some instances like this one, eventually replace.
Photo: Rachel La Corte / AP
At least six people are dead after an Amtrak train derailed and fell off a bridge onto Interstate 5 between Tacoma and Olympia in Washington state this morning, per the AP. Amtrak 501 was traveling from Seattle to Portland along a new route on the maiden voyage of an expanded high-speed option.
Amtrak confirmed there were approximately 78 passengers and five crew on board. The sheriff's department also confirmed that there were "multiple motorists" injured but no fatalities on Interstate 5. The National Transportation Safety board said in a press conference that they do not yet know what caused the derailment, but they have deployed a team to Washington to investigate.
This is a developing story.
Trump approaches the podium. Photo: Evan Vucci / AP
President Trump laid out his "America First" national security strategy in a speech Monday, saying, "Whether we like it or not, we are engaged in a new era of competition."
The bottom line from the Associated Press: Trump's strategy "envisions nations in constant competition, reverses Obama-era warnings on climate change and affirms that the United States will unilaterally defend its sovereignty, even if that means risking existing the agreements with other countries that have dominated the United States' foreign policy since the Cold War."
House Speaker Paul Ryan (R-Wis.) left, and Senate Majority Leader Mitch McConnell, (R-Ky.), right, listen as President Donald Trump speaks. Photo: Evan Vucci / AP
Just days away from a crucial vote on the GOP's tax overhaul package, The Tax Foundation and Committee for a Responsible Federal Budget have released new analyses breaking down the estimated cost of the bill.
By the numbers: The conservative Tax Foundation predicts the plan will increase the federal deficit by $1.47 trillion, or $448 billion when you factor in economic growth; while the group of budget hawks say it could end up costing $2.2 trillion, or $1.5 trillion including economic growth.
Matthew Peterson, the Trump judicial nominee who couldn't answer basic legal questions during a Senate Judiciary Committee hearing last week, has withdrawn his nomination, a White House official told AP.
The defining moment: A video of Sen. John Kennedy (R-La.) questioning Peterson, who currently serves as a commissioner on the Federal Election Commission, went viral after Sen. Sheldon Whitehouse (D-RI) tweeted it out to his more than 187k followers.
Global venture capital investment has hit an all-time record, with more than $142 billion already disbursed in 2017, according to data provider PitchBook.
Reproduced from Pitchbook; Chart: Axios Visuals
President Trump declared this morning's Amtrak train derailment in Washington state as proof that his — still unseen — plan to revitalize American infrastructure needs to be "approved quickly."
Nikki Haley speaks to the UN Security Council. Photo: Richard Drew / AP
The United States vetoed the United Nations Security Council's resolution to require President Trump to rescind his declaration of Jerusalem as Israel's capital, Axios contributor Barak Ravid of Israel's Channel 10 news reports.
Fourteen member states voted in favor of the resolution.
House Speaker Paul Ryan of Wis., speaks during a meeting with President Donald Trump in the Roosevelt Room of the White House. Photo: Susan Walsh / AP
The House of Representatives is expected to vote on the GOP tax bill early Tuesday afternoon, Reuters reports, citing Republican congressional aides.
What’s next: The bill is likely to reach Trump's desk after Senate passage later in the week, with holdouts Sens. Bob Corker and Marco Rubio confirming Friday that they'll vote "yes."
AP Photo/Mark Lennihan, File
ESPN President John Skipper announced Monday that he is resigning as the network's president and co-chairman, a position he has had since 2012.
Why it matters: Skipper's resignation comes at a tumultuous time for ESPN. The network has faced two rounds of 100+ person layoffs this year and has been at the center of investor concerns for Disney's cable networks business. Disney announced last week that it would acquire most of 21st Century Fox's assets, including its regional sports networks, which add to the scope of the ever-changing role of ESPN at the network.
Former ESPN president and executive chairman George Bodenheimer will take over as acting chairman for the next three months while Iger finds a replacement, ESPN reports. Skipper has been with the network since 1997.
In a statement, Skipper thanked Disney President Bob Iger for the "human understanding and warmth" that he displayed during his time at the network:
"I come to this public disclosure with embarrassment, trepidation and a feeling of having let others I care about down."
Masked gunmen of the pro-Iranian Shiite Muslim Hezbollah party in the village of Sohmor, Lebanon, in 1989. Photo: AP
The Obama administration railroaded a U.S. effort to dismantle a Hezbollah drug-trafficking scheme since it conflicted with aspirations to strike a nuclear deal with Iran, according to a Politico report by Josh Meyer.
What happened: The Drug Enforcement Agency's top-secret effort to trace the trafficking found links to state sponsors in Iran. Requests that the DEA's team put in at the Departments of State, Justice, and Treasury to advance the investigation were delayed or denied. Officials have said publicly they believed roadblocks were constructed for political reasons, namely, to keep conversations about a nuclear deal with Iran going.
Former officials denied to Politico that they provided roadblocks to the campaign to end Hezbollah's drug-trafficking. One former national security official in the Obama administration suggested members of the DEA project were simply speculating about political motivations.
An Obama spokesperson, Kevin Lewis, told Politico: "There has been a consistent pattern of actions taken against Hezbollah, both through tough sanctions and law enforcement actions before and after the Iran deal."
Why it matters: Losing sight of this project has cost the U.S. Not only has the U.S. government reportedly lost track of this drug-trafficking campaign, which is believed to still operate, it has also reportedly lost insight into other criminal activities around the world. That includes Hezbollah's conspiracies with the Iranian, Syrian, Venezuelan, and Russian governments.
On a grander scale, Hezbollah is working with Iran, Russia, and Bashar al-Assad's regime in Syria and trains Shiite militants that seek to undermine the U.S. in Iraq, per U.S. officials.