While the Forex market is still largely focused on the question of the U.K.’s “Hard Brexit”, Democrats are fighting tooth and nail to try to make President-Elect Trump’s transition into power as difficult as possible.
The first item on the agenda is an attempt to prevent Trump from appointing his son-in-law Jared Kushner as an advisor. Democrats are citing a 1960s anti-nepotism law, although for some reason veteran Democrats didn’t think this was much of an issue in 1993 when Bill Clinton appointed his wife to run his health care reform plan! Liberal-leaning CNN doesn’t even bother to mention the Clinton precedent in its lead story. In effect, the law is vague and probably can’t be interpreted and applied in a way that would stop Kushner from assuming the role. It might even be a simple case of Kushner waiving a salary.
There are also questions of conflict of interest as Kushner owns substantial holdings, like President-elect Trump, but he could presumably divest himself of the assets in question.
The U.S. Senate is beginning a series of confirmation hearings of Trump’s nominees. The first up is Alabama Senator Jeff Sessions who requires confirmation as the nominee for U.S. Attorney-General, the nation’s highest legal office. The issue here is that he was accused in 1986 hearings of having made racist remarks, which he denied. He does not deny having joked about how he thought the Ku Klux Klan were OK, until he heard that they smoked marijuana, nor that he once called the National Association for the Advancement of Colored People “un-American” and “communist-inspired”.
While we are talking about the Ku Klux Klan, we can recall that Senator Robert Byrd (Democrat) filibustered against the 1964 Civil Rights act and even rose to become the Senate Majority Leader a mere 13 years later, let alone the 30-plus which have elapsed since Sessions’ remarks. He was a member of the Ku Klux Klan during the 1940s and founded a new chapter. He never denied writing the following words in a letter to a senior politician in 1944: “I shall never fight in the armed forces with a negro by my side … Rather I should die a thousand times, and see Old Glory trampled in the dirt never to rise again, than to see this beloved land of ours become degraded by race mongrels, a throwback to the blackest specimen from the wilds.”
There is a lot of hypocrisy in politics.