Jan 8, 2019

Networks to air Democratic response to Trump's prime-time speech

Photo: Tom Williams/CQ Roll Call via Getty Images

NBC, CBS and CNN announced they will air a Democratic response to President Trump’s prime-time speech on the border and ongoing government shutdown from House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer on Tuesday, reports NBC News.

The big picture: Networks debated Monday whether they should air Trump's speech — which could be deeply political — given that many skipped a 2014 speech by President Obama on immigration over partisan concerns. However, the decision to air a response from the president's opposing party is not without precedent, as the Washington Post's Dave Weigel notes that networks aired a response from Speaker John Boehner to an Obama debt limit speech in 2011.

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The new oil-cutting pact will help the market but hardly rescue it

The new OPEC-Russia agreement to steeply cut production should help the oil market avoid a complete meltdown, but it's nowhere near enough to undo the damage from the COVID-19 pandemic, analysts say.

Why it matters: It's the first major coordinated response to the pandemic that's creating an unprecedented collapse in global oil demand and has pushed prices to very low levels.

Premier League players launch fund to help U.K. medical workers

Illustration: Aïda Amer/Axios

Premier League players have launched an initiative called #PlayersTogether, which will funnel part of their salaries to the National Health Service to support the U.K.'s front-line workers during the coronavirus crisis.

Why it matters: This decision came at the conclusion of a protracted argument between players, clubs and even government officials over who should bear the brunt of lost revenue in the midst of the pandemic.

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GOP worries Trump has only weeks to sharpen coronavirus response

Photo: Alex Wong/Getty Images

Republicans are increasingly concerned not only about President Trump’s daily briefings but also his broader plan to ease the nation out of the virus crisis and back to work. This concern is acute — and spreading. 

Why it matters: Trump can easily address the briefing worries by doing fewer, but the lackluster bounce-back planning is what worries Republicans most.