Apr 13, 2018

Sanders: Comey's book "belongs in the bargain bin"

Photo: Win McNamee/Getty Images

The White House continued its attack on former FBI Director James Comey as Press Secretary Sarah Sanders said his upcoming book "belongs in the bargain bin of the fiction section," and that Comey is "known to be a liar and a leaker."

Why it matters: This battle between Comey and Trump isn't ending any time soon, as we near Comey's national book tour that kicks off next week. Sanders added that the tour and his book are "nothing more than a poorly executed PR stunt" by Comey. She followed up by saying Trump is "not at all" worried about what Comey has to say.

  • Per Sanders, there will be a National Security Council meeting over Syria at the White House later on Friday at the "deputy level," and that all options are still under consideration.
  • She added that in the pardoning of Scooter Libby, Trump believed it "was the right thing to do."

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SoftBank to cut its stake to get T-Mobile's Sprint deal done

Illustration: Rebecca Zisser/Axios

T-Mobile and Sprint announced a revised merger agreement that will see SoftBank getting a smaller share of the combined company, while most shareholders will receive the previously agreed upon exchange rate. The companies said they hope to get the deal as early as April 1.

Why it matters: The amended deal reflects the decline in Sprint's business, while leaving most shareholders' stake intact and removing another hurdle to the deal's closure.

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.