Feb 10, 2017

What Trump could have been

Pablo Martinez Monsivais / AP

Mr. President, you should read this David Brooks column not as a scolding about what might have been, but as a window into what could still be:

"Donald Trump didn't have to have an administration that was at war with everyone but its base. He came to office with a populist mandate that cut across partisan categories. He could have created unorthodox coalitions and led unexpected alliances that would have broken the logjam of our politics.
"He didn't have to have a vicious infighting administration ... He doesn't have to begin each day making enemies: Nordstrom, John McCain, judges. He could begin each day looking for friends, and he would actually get a lot more done."
  • The consequence: "On Inauguration Day, when Trump left his wife in the dust so he could greet the Obamas, I didn't realize how quickly having a discourteous leader would erode the conversation. But look at how many of any day's news stories are built around enmity. The war over who can speak in the Senate. ... Half my Facebook feed is someone linking to a video with the headline: Watch X demolish Y."

Go deeper

Situational awareness

Photo: Brett Carlsen/Getty Images

Catch up on today's biggest news:

  1. Mike Bloomberg offers to release women from 3 NDAs
  2. Wells Fargo to pay $3 billion to settle consumer abuse charges
  3. Bloomberg campaign says Tennessee vandalism "echoes language" from Bernie supporters
  4. Scoop: New White House personnel chief tells Cabinet liaisons to target Never Trumpers
  5. Nearly half of Republicans support pardoning Roger Stone

Wells Fargo agrees to pay $3 billion to settle consumer abuse charges

Clients use an ATM at a Wells Fargo Bank in Los Angeles, Calif. Photo: Ronen Tivony/SOPA Images/LightRocket via Getty Images

Wells Fargo agreed to a pay a combined $3 billion to the Justice Department and the Securities and Exchange Commission on Friday for opening millions of fake customer accounts between 2002 and 2016, the SEC said in a press release.

The big picture: The fine "is among the largest corporate penalties reached during the Trump administration," the Washington Post reports.

Bloomberg offers to release women from 3 nondisclosure agreements

Mike Bloomberg. Photo: Brett Carlsen/Getty Images

Mike Bloomberg said Friday his company will release women identified to have signed three nondisclosure agreements so they can publicly discuss their allegations against him if they wish.

Why it matters, via Axios' Margaret Talev: Bloomberg’s shift in policy toward NDAs comes as he tries to stanch his loss of female support after the Las Vegas debate. It is an effort to separate the total number of harassment and culture complaints at the large company from those directed at him personally. That could reframe the criticism against him, but also protect the company from legal fallout if all past NDAs were placed in jeopardy.