Dec 24, 2018

Pelosi and Schumer: "Trump is plunging the country into chaos"

Pelosi, Pence, Trump and Schumer

Photo: Jabin Botsford/The Washington Post via Getty Images

Amid a government shutdown and a bleeding stock market, Senate Minority Leader Chuck Schumer and House Minority Leader issued a statement on Christmas Eve criticizing President Trump for "plunging the country into chaos."

The big picture: Trump spent much of Monday morning tweeting about the events of the past week. The Dow, likely as a result of heightened uncertainty, closed down 653 points, making Monday Wall Street's worst Christmas Eve on record.

Among Trump's topics du jour: The shutdown fight over his border wall, his decision to withdraw troops from Syria and Afghanistan, the subsequent resignations of Defense Secretary James Mattis and anti-ISIS envoy Brett McGurk, and reports that he has discussed firing Fed chairman Jerome Powell.

The Pelosi/Schumer statement:

"It's Christmas Eve and President Trump is plunging the country into chaos. The stock market is tanking and the president is waging a personal war on the Federal Reserve — after he just fired the Secretary of Defense.
Instead of bringing certainty into people's lives, he's continuing the Trump shutdown just to please right-wing radio and TV hosts. Meanwhile, different people from the same White House are saying different things about what the president would accept or not accept to end his Trump Shutdown, making it impossible to know where they stand at any given moment. The president wanted the shutdown, but he seems not to know how to get himself out of it. As long as the president is guided by the House Freedom Caucus, it's hard to see how he can come up with a solution that can pass both the House and Senate and end his Trump Shutdown."

Go deeper: 2019 could be worst year for economy since '08

Go deeper