Sep 25, 2019

Schiff: Trump's public statements are "damning enough" for impeachment

House Intelligence Chairman Adam Schiff (D-Calif.) told "CBS This Morning" Wednesday that President Trump's public statements about his interactions with Ukrainian President Volodymyr Zelensky are "damning enough" for an impeachment inquiry.

Why it matters: The comments from Schiff, who had been relatively cautious about impeaching the president prior to this weekend, illustrate that Democrats are more than prepared to move forward with the impeachment inquiry regardless of what the transcript of Trump's call with Zelensky says.

What Schiff said:

"What the president has said publicly is damning enough. Let's look at what he's said. Let's look at what [Rudy Giuliani] has said.
They both admitted to pressuring Ukraine to manufacture dirt on their opponent Joe Biden. There’s no rationalizing that. No justifying that. That is a horrible abuse of the oath of office. ...
The president’s acknowledgment of withholding Ukraine aid, the fact that he would not even share with leaders of his own party, like Mitch McConnell, the justification. The fact that when this came to light, he is now giving shifting explanations for why he withheld the aid.
I think all of those facts, which are uncontested at this point, compel us to move down the path of a formal impeachment inquiry."

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The business of tear gas

Illustration: Eniola Odetunde/Axios

U.S. forces yesterday used tear gas on peaceful protesters outside the White House gates, prior to a declared curfew, clearing a path for President Trump to visit a riot-damaged church for a photo opportunity.

The state of play: Two of the largest U.S. producers of tear gas are owned by private equity firms, but those firms have no interest in discussing their ownership.

Cerebus sells control of Steward Health Care back to company

Illustration: Aïda Amer/Axios

Cerberus Capital Management has agreed to sell control of community hospital group Steward Health Care back to the company, as first reported by the New York Times and confirmed by Axios.

Why it matters: This would make Steward one of the country's largest physician-owned and operated companies. It also marks the end of a 10-year ownership period for Cerberus, which was most recently marked by threats to shutter a Pennsylvania hospital in March, despite the pandemic, if the facility didn't receive state bailout funds.

Exclusive: Washington Post makes major move into local news

People entering the Washington Post building in D.C. in 2019. Photo: Eric Baradat/AFP via Getty Images

The Washington Post has signed all 30 of McClatchy's local news outlets to its Zeus Performance product, a software that gives sites better speed, ad view-ability and performance, executives tell Axios.

Why it matters: By adding more local news outlets, The Post can start to build a local news ecosystem within its tech stack.