Good Saturday morning. Situational awareness: The CEOs of nearly every major Hollywood studio, TV network and record label agreed to found and to fund a group to be chaired by Anita Hill, the Commission on Sexual Harassment and Advancing Equality in the Workplace. The group grew out of a meeting called by "Star Wars" producer Kathleen Kennedy and several other prominent women in the industry. (AP
As part of an assertive "America First" national security strategy that President Trump will unveil Monday, he will accuse China of "economic aggression," the Financial Times' Demetri Sevastopulo and Shawn Donnan scoop (subscription):
Winner: Steve Bannon. When I texted him the FT article, he replied: "#winning."
Losers: Several top officials within the Trump adminstration's national-security apparatus, who opposed adding what one called a "political lens" to the strategy.
CFR President Richard Haass — author of "A World in Disarray" (paperback out Jan. 2) — tells Axios from in-flight Wi-Fi that slapping Beijing could be costly:
Axios card deck, "How the tax code is about to change."
After the conference report bridging House and Senate differences on tax reform was signed yesterday, House Speaker Paul Ryan said Republicans are "on the door step of something truly historic," Axios' Caitlin Owens reports:
Three big things about the final version:
Go deeper ... See a 2-page PDF of the official House-Senate summary.
P.S. The cover of Barron's is about the fiscal challenges that tax reform presents to state and local governments, "Shaking Up the Market for Municipal Bonds":
Americans are pessimistic about Washington and think the country is on the wrong track (69%), but are optimistic about their local communities.
That's the encouraging finding of an AP-NORC (University of Chicago) poll:
"[A]mid worries about endemic binge drinking, sexual assault and a startling spate of deaths, schools are going beyond the old practice of shutting down individual [fraternity] houses to imposing broad restrictions on all Greek life," the N.Y. Times' Anemona Hartocollis reports atop column 1:
Facebook posts a new article on its "Hard Questions" blog, "Is Spending Time on Social Media Bad for Us?" by David Ginsberg, Facebook director of research, and Facebook research scientist Moira Burke:
["W]ith Walt Disney Co. poised to take a controlling stake in Hulu, the little 10-year-old streaming service once known solely for airing reruns of broadcast shows online could eventually become a credible threat to Netflix's dominance," the L.A. Times reports atop column 1:
Rep. Adam Schiff, the top Democrat on the House Intelligence Committee, tells MSNBC's Nicolle Wallace:
Shot ... Trump, asked yesterday if he would consider a pardon for Michael Flynn: "I don't want to talk about pardons for Michael Flynn yet. We'll see what happens. Let's see. I can say this: When you look at what's gone on with the FBI and with the Justice Department, people are very, very angry."
P.S. Attorney General Jeff Sessions distanced himself from Trump's renewed criticism of the FBI. Sessions said at a news conference yesterday that the FBI is "fulfilling a fabulously important role working to fight against violent crime."
Roy Moore sent a fundraising email to supporters asking for contributions to his "election integrity fund' so he could investigate reports of voter fraud in the Senate race he lost in Alabama this week.
Reliving 2017 in 30 images ... Melissa McCarthy's "Sean Spicer Press Conference Cold Open," on "Saturday Night Live" in January: "I came out here to punch you in the face. ... I"m not here to be your buddy." YouTube
"Match of the Day" from The Sun, London's biggest-selling tabloid: