Former Secretary of State Hillary Clinton (D) “believes that she can turn” real estate mogul Donald Trump’s (R) “deeply personal assaults to her benefit, they say, particularly among suburban women who could be crucial to her hopes in the fall. Her plan is never to engage in any back-and-forth over the scandals. Instead, she’ll merely cast him as a bully and talk about policy.”
Clinton: “I don’t care what he says about me, but I do resent what he says about other people, other successful women, who have worked hard, who have done their part,” (AP)
ON BOARD. “Jess McIntosh, vice president of communications for EMILY’s List, is set to join the campaign at the end of May in a newly created position, director of communications outreach.” She will be based in New York and report to Clinton’s campaign communications director Jennifer Palmieri. “The hire from EMILY’s List is another signal of the big role that gender is expected to play in the general election.” (Politico)
THE OTHER CHALLENGER. Clinton said Sunday that Sen. Bernie Sanders (I-VT) “‘has every right to finish off his campaign however he chooses.’ But she says she wants to focus on … Trump because his is not ‘a normal candidacy.’” She did say she would be willing to talk with Sanders and “take into account” his platform suggestions. (AP)
VEEPSTAKES. In the year of the outsider, Clinton “says she’s looking beyond just politicians as she begins her search for a potential running mate” and that person may be a businessperson, but not one like Trump.
Clinton: “I think that is the best way to find somebody who can really capture what’s needed in the country, and businesspeople have, especially successful businesspeople who are really successful as opposed to pretend successful, I think have a lot to offer.” (ABC News)
NO. 1 SURROGATE. Former President Bill Clinton is on the trail, but not in the limelight.” Clinton “who flickers occasionally on cable news channels remains a big draw on the off-Broadway circuit of presidential politics. It is a low-altitude tactical deployment that leaves a light footprint, aiming to maximize his value as a political asset without stirring the negatives that also trail him.”
“Clinton has not sat for a formal media interview since last fall. But he pops up in obscure and unlikely places, where the presence of the former president is certain to dominate local front pages and evening newscasts and generate buzz in the community.” (Washington Post)
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The Fed has raised rates another quarter point, to a target rate of 1.25 percent to 1.5 percent. Two members dissented in favor of keeping rates stable. As of this moment, they expect to make three more quarter-point hikes in 2018, and two in 2019. This meeting of the Federal Open Market Committee was Janet Yellen's last as chair.
"House and Senate negotiators have reached a deal on a tax plan" and plan to send the legislation to President Trump before Christmas, Senate Finance Committee Chairman Orrin Hatch said Wednesday. "CNBC previously reported that a version of the GOP proposal — as of Tuesday — features a 21 percent corporate tax rate and a top individual rate of 37 percent. It would also allow a mortgage interest deduction on loans up to $750,000."
At a hearing before the House Judiciary Committee today, Deputy Attorney General Rod Rosenstein said "there's nothing inappropriate about FBI officials on special counsel Robert Mueller's team holding political opinions so long as it doesn't affect their work." Chairman Bob Goodlatte (R-Va.) said recently disclosed texts among former members of Mueller's team, "which were turned over to the panel Tuesday night by the Justice Department, revealed 'extreme bias.'"