Sep 25, 2017

Paul still opposes GOP health bill

Sen. Rand Paul opposes the latest health care bill. Photo: Manuel Balce Ceneta / AP

Sen. Rand Paul still opposes the Senate's latest bill to repeal parts of the Affordable Care Act, despite changes that pulled parts of the bill to the right.

Why it matters: This bill almost certainly cannot pass without Paul's support, yet his opposition is not a surprise. He wants a much more conservative bill. Winning his support would lose the support of even more moderate Republicans than the bill has already lost. That quandary sunk previous repeal efforts this summer, and seems likely to sink this one, too.

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Trump indulges Wall Street with Milken pardon

Photo Illustration: Sarah Grillo/Axios. Photo: Chris Graythen/Getty Images

Donald Trump loves Wall Street shenanigans. Companies owned by him have declared bankruptcy six different times, and he was once sued alongside Mike Milken for participating in a scheme to artificially inflate junk-bond prices.

Driving the news: Trump pardoned Milken this week, with an official statement positively gushing over Milken's role in developing the wilder side of fixed-income capital markets.

Situational awareness

Photo: Win McNamee/Getty Images

Catch up on today's biggest news:

  1. Roger Stone sentenced to 40 months in prison
  2. Top NSC official reassigned to Energy Department amid "Anonymous" fallout
  3. Morgan Stanley to buy E*Trade in $13 billion deal
  4. Coronavirus slams companies' 2020 sales projections
  5. Black activist group gives its first presidential endorsement to Elizabeth Warren

Roger Stone sentenced to more than 3 years in prison

Roger Stone arriving for his sentencing hearing. Photo: Mark Wilson/Getty Images

Longtime Trump associate Roger Stone was sentenced Thursday to 4o months in prison for crimes that include obstruction of justice, lying to Congress and witness tampering.

Why it matters: Stone is the seventh person to be convicted and sentenced for crimes unearthed by former special counsel Robert Mueller's investigation. His case has been at the heart of ongoing tensions between President Trump and his Justice Department.