Jun 13, 2019

Scoop: Trump selects Eric Ueland to lead legislative affairs

Photo: Aaron P. Bernstein/Getty Images

President Trump has picked Eric Ueland, currently deputy assistant to the president for domestic policy, to replace Shahira Knight as director of legislative affairs, according to two sources with direct knowledge of the decision. Ueland has deep experience in Congress and is widely respected on Capitol Hill.

Why it matters: As the president's top liaison to Capitol Hill, this is perhaps the hardest job in Washington. The White House is at war with House Democrats, who have initiated a blizzard of subpoenas. Trump has made clear he wants his current and former staff to stonewall House Democrats and that he expects to get no big legislative items done (for example, infrastructure) while Democrats are investigating him.

Context: Joe Grogan, the head of the White House's Domestic Policy Council, brought Ueland onto his team earlier this year, and officials have who worked both with and against Ueland over his long career on the Hill described him as an especially important hire.

  • Ueland previously served as chief of staff to former Republican Senate Majority Leader Bill Frist and was a senior adviser on the Senate Budget Committee. He also served as a top official on the Trump transition team and later worked in the Office of U.S. Foreign Assistance at the State Department.
  • The White House issued a statement on Thursday confirming Ueland's appointment, calling him a "a talented, highly respected individual," and a start date of June 17

Go deeper: How Trump can stall House Democrats

Go deeper

A busy week for IPOs despite upheaval from protests and pandemic

Illustration: Eniola Odetunde/Axios

This week is expected to be the busiest for U.S. IPOs since February, with Warner Music leading a group of four companies that could raise over $3 billion.

Why it matters: This shouldn't be happening, under any traditional rubric for how markets work.

How Big Tech has responded to the protests

A protester holds a sign in downtown Minneapolis to protest the death of George Floyd on May 31. Photo: Stephen Maturen/Getty Images

An explosive weekend in America sent Silicon Valley grasping for moral clarity. While many companies and executives spoke out against racial inequities, critics and even some of the rank-and-file found some of the companies' responses lacking.

Why it matters: Tech companies have giant platforms, and their leaders have become public figures, many of them household names. History will record their words and actions — which, in the case of platforms like Facebook, Twitter and YouTube, directly shape the bounds of public discourse.

Pandemic and protests can't stop the stock market

Traders work on the floor of the NYSE. Photo: Spencer Platt/Getty Images.

United States equities were on pace to open higher Monday following big gains in Asia and Europe and a risk-on bid in currency markets.

Why it matters: Stock markets could continue to rise despite an unprecedented global pandemic, violent protests over police violence in the U.S. not seen since the 1960s, and spiking tensions between the world's two largest economies.