Sep 27, 2017

Trump’s morning focus: Alabama, Jerry Jones and health care

Trump kicked off his Wednesday morning with a series of tweets on the Alabama Senate primary, NFL, and health care. Photo: Evan Vucci / AP

President Trump kicked off his Wednesday morning tweets with a nod to Alabama Senate candidate Roy Moore, who Trump said "sounds like a really great guy;" called Dallas Cowboys owner Jerry Jones "a winner" for seeing that his players stand for the flag; and said he thinks health care will eventually pass, just not this week.

Trump has publicly slammed Moore as a weaker candidate in the past, even calling him "Ray" a few times.

Jerry Jones took a knee with his entire NFL team on Sunday.

The vote "in hospital" Trump's referring to is Sen. Thad Cochran (R-MS), whose spokesperson said missed the vote because he is in Mississippi recovering from a urological issue, but is not hospitalized, per Politico's Seung Min Kim.

Trump's math here doesn't necessarily add up. There are currently 3 solid "no's" (Sens. John McCain, Rand Paul and Susan Collins) on the Graham-Cassidy bill, and they're not budging. However, the tweet does show he's doesn't plan to give up on health care, and one way of doing that is by calling for the end of the filibuster rule.

Go deeper

Wall Street notches worst week for stocks since 2008

Traders work on the floor of the New York Stock Exchange. Photo: Scott Heins/Getty Images

Stocks closed down about 1% on Friday, ending the worst week for Wall Street since the financial crisis.

Why it matters: The stretch of declines came after a spike in coronavirus cases around the world earlier this week. The steep losses prompted questions about the fate of the record-long economic expansion, as well as a rare statement from the Federal Reserve.

Go deeper: The growing coronavirus recession threat

Federal Reserve: Coronavirus poses "evolving risk" to the economy

Federal Reserve chairman Jerome Powell. Photo: Sarah Silbiger/Getty Images

Federal Reserve chairman Jerome Powell took the rare move Friday of issuing a statement meant to reassure investors, one that opened the door to a possible interest rate cut.

Why it matters: The Fed rarely issues statements like this outside of policy meetings and scheduled public appearances. It came as the stock market continues its steep decline this week. Stocks briefly pared some losses after the 2:30 p.m. EST statement came out.