February 5, 2019

2-5-2019 Political Nuggets….

Washington Brief

  • Federal prosecutors in the Southern District of New York have subpoenaed documents from President Donald Trump’s inauguration committee, according to sources. The investigators are seeking records related to donors to his inauguration fund, as well as information about attendees at events surrounding the inauguration and benefits provided to top-level donors, such as photo opportunities with the president. (ABC News)
  • Trump is set to tap David Malpass, undersecretary for international affairs at the Treasury Department, as the U.S. pick to lead the World Bank, according to administration officials. Malpass – a former official in the Reagan and George H.W. Bush administrations – has spoken critically of institutions like the World Bank, which could intensify resistance from other countries against him leading it. (Politico)
  • The Trump administration is expected to begin releasing its fiscal year 2020 budget proposal on March 11, missing Monday’s deadline to submit the proposal to Congress due to the partial government shutdown that furloughed about two-thirds of Office of Management and Budget staffers. Deficits were boosted last year, and Trump will face spending caps for his fiscal 2020 plan unless Congress votes to raise them again. (The Wall Street Journal)

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