Mar 20, 2017

Medicaid acceptance is up, but endangered by Trumpcare

Alex Brandon / AP

A new survey from MerrittHawkins shows that 53% of physicians across 15 major metropolitan areas accept Medicaid patients, up from a low of 45.7% in 2014, per Forbes.

The uptick is largely due to state Medicaid expansion under the Affordable Care Act, something that many moderate Republicans want to retain in the upcoming repeal battle.

The big picture: It's still hard to find doctors who take Medicaid patients, despite the improvement in this report. That's a frequent Republican criticism of Medicaid — though experts have warned that the GOP's proposed budget cuts to the program aren't going to help.

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Scoop: Top NSC official reassigned to Energy Department amid "Anonymous" fallout

Photo: Mark Wilson/Getty Images

Deputy national security adviser Victoria Coates will be reassigned as a senior adviser to Energy Secretary Dan Brouillette, the National Security Council said Thursday — and a senior White House official said that the administration "rejects" the rumors that she is "Anonymous."

Why it matters: Coates has battled claims that she is the still-unknown Trump administration official that penned a New York Times op-ed and book critical of President Trump.

The Fed may be setting the table for 2020 rate cuts

Illustration: Sarah Grillo/Axios

The Fed looks to be laying the groundwork to lower U.S. interest rates this year, just as they did in April 2019 before cutting rates in July, September and October.

Why it matters: A Fed rate cut makes taking on debt more attractive for U.S. consumers and businesses, helping to juice the economy, but also puts the central bank in a weaker position to fight off a potential recession.

Morgan Stanley to buy E*Trade in a $13 billion deal

Photo: Rafael Henrique/SOPA Images/LightRocket via Getty Images

Morgan Stanley is planning to buy E*Trade Financial Corp. in a $13 billion all-stock deal, the Wall Street Journal reports, with plans to acquire the company known for helping everyday Americans manage their money.

Why it matters: The deal, which would be the largest by a major American bank since the financial crisis, signals Morgan Stanley‘s desire to bulk up in wealth management.