Jun 5, 2018

Howard Schultz talks politics, doesn't rule out 2020 run

One day after announcing his plan to step down as Starbucks' executive chairman, Howard Schultz didn't rule out a possible presidential run during an interview with CNBC on Tuesday morning.

The big picture: Though Schultz was coy about his future plans, he did lay out his views on a few hot-button issues, highlighting his political opposition to President Trump.

  • On immigration: Schultz said the country's current immigration policy isn't "very humane," adding that border security is not the United States' biggest immigration problem.
  • On trade: Schultz said he doesn't understand the Trump administration's stance on trade, especially concerning China: "Our problem is not China."
  • On the economy: Schultz said that he believes the country should focus on its $21 trillion debt problem and $400 billion in interest: "These are things that are unsustainable."
  • On Trump's tax cuts: Corporations didn't need a 21% tax cut, according to Schultz. "We could've done so much more for people in this country."

Flashback: Schultz has been considered a possible challenger to Trump for some time now — and was similarly non-commital when asked about his presidential ambitions last year.

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The cracks in Trump’s GOP shield

Photo Illustration: Sarah Grillo/Axios. Photo: Doug Mills-Pool/Getty Images

President Trump’s mockery of coronavirus masks, his false claims about the dangers of voting by mail and his insinuations that a cable TV nemesis was involved in a murder are testing more high-profile Republicans' willingness to look the other way.

The big picture: Republicans learned a long time ago how dangerous it is to alienate Trump’s base — which is why any hint of disagreement, even a whisper, is so remarkable when it happens.

Updated 2 hours ago - Politics & Policy

U.S. cities crack down on protesters

The scene near the 5th police precinct during a demonstration calling for justice for George Floyd in Minneapolis on Saturday. Photo: Kerem Yucel/AFP via Getty Images

Major U.S. cities have implemented curfews and called on National Guard to mobilize as thousands of demonstrators gather across the nation to continue protesting the death of George Floyd.

The state of play: Hundreds have already been arrested as tensions continue to rise between protesters and local governments. Protesters are setting police cars on fire as freeways remain blocked and windows are shattered, per the Washington Post. Law enforcement officials are using tear gas and rubber bullets to try to disperse crowds and send protesters home.

Updated 2 hours ago - Politics & Policy

George Floyd protests: What you need to know

Photo: David Dee Delgado/Getty Images

Clashes erupted between law enforcement and protesters in several major U.S. cities Saturday night as demonstrations over the death of George Floyd and other police-related killings of black men spread across the country.

The big picture: Floyd's death in Minneapolis police custody is the latest reminder of the disparities between black and white communities in the U.S. and comes as African Americans grapple with higher death rates from the coronavirus and higher unemployment from trying to stem its spread.