In addition to Trump’s bombastic Phoenix rally promise that he would shut the government, if needed, to build his “Great Wall”, among the catalysts for today’s risk off sentiment in the market was a bombshell NYT report according to which the relationship between Trump and Senate majority leader Mitch McConnell had “disintegrated”, and the feud between the two esclated to a point where after a recent screaming fest on the phone, the two Republican leaders had not spoken in weeks, and that McConnell voiced doubts that “Trump can save the presidency”, suggesting the animosity between the president and the most important person in Congress had never been worse.
Moments ago, McConnell responded to the NYT article, and without explicitly denying any of its findings, said that he continues to work with Trump on a “share agenda together and anyone who suggests otherwise is clearly not part of the conversation”, and that his and Trump’s teams remain in “regular contact” to prevent a US debt default.
This post was published at Zero Hedge on Aug 23, 2017.
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