President Donald Trump calls in to Fox and Friends on his birthday for a wide-ranging interview on multiple subjects.  The interview is 49 minutes long.
President Trump discusses Iran being implicated in assaulting oil takers in the Gulf of Oman, Nancy Pelosi accusing him of a criminal cover-up, calls to fire Kellyanne Conway, Joe Biden’s campaign and much more:

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If you’ve got the time this is well worth watching.  Larry Kudlow is Chairman of the National Economic Council and delivers a strong voice amid the economic team of assembled by President Trump.
Kudlow provides value because he comes from the Wall Street economic punditry networking group that just doesn’t understand MAGAnomics, or ‘America First’ Main Street policy.   President Trump has taught Kudlow a great deal.  So Kudlow’s value is heightened by his ability to explain Trump’s Main Street policy to his old Wall St. tribe; who genuinely have no concept of Main Street policy (hence, they’re always puzzled).

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President Trump delivered remarks today to the Iowa GOP during a dinner fundraising event in West Des Moines.

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According to two media reports democrat presidential candidate Joe Biden is scheduled to completely reverse his position on China, and outline the Asian nation as a global geopolitical threat in an Iowa speech today. That’s not a reversal or a flip-flop, that would be a triple-lindy.
Since the first day he announced his candidacy Joe Biden has been saying China does not pose a threat to the U.S. or our global allies.  He has consistently down-played any talk of China as an economic or geopolitical threat to the U.S.
The Biden family has also made millions from their financial relationships with China, assisted by the family patriarch selling policy influence.
Biden has been so far out-front while advocating his friendly position toward China that he’s even been nick-named “China Joe” by those paying close attention….  And now he’s going to reverse that completely? Reminder:
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Earlier this morning President Donald Trump called in to CNBC to discuss a variety of subjects including: the ongoing trade negotiations with China; the threat of tariffs on Mexico over illegal immigration; the federal reserve; the status of the economy; the duplicity of the U.S. Chamber of Commerce; collusion by democrats; the upcoming G20 summit in Japan, and much, much, more.
During the interview President Trump directly calls out the U.S. Chamber of Commerce for their anti-American position and self-interested advocacy for Wall Street multinational corporations. Additionally, President Trump pushes back against the claim that tariffs lead to higher U.S. prices, citing examples of China subsidizing their exports and low U.S. inflation.  Must Watch:

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(LOL… POTUS Trump chomping-at-the-bit to get tariffs on the EU.)

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This interview is interesting from a few aspects.  First, Carter Page states he was a long-standing source of information for the intelligence apparatus, specifically for the CIA for decades.  Secondly, the framework by Page as outlined, and the underlying motive of the FBI to use him as an unwitting target for the FISA application, is essentially confirmation of our prior reconciled point on why the FBI exploited him.  [Watch]

It never made sense that U.S. Person Carter Page was an FBI witness from 2013 through to March/May 2016 and yet in October 2016, to achieve a FISA warrant, the FBI called him an agent of a foreign government.  [FISA APPLICATION]  It never made sense until with more information about the Mueller investigation we realized the FISA warrant was essentially irrelevant; what the Obama intel apparatus needed for their “insurance policy” was The Dossier.
Fusion GPS was not contracted in April 2016 to research Donald Trump. The intelligence community was already doing unlawful NSA-database surveillance and political spy operations. They already knew everything about the Trump campaign. The Obama intelligence community needed Fusion GPS to give them a plausible justification, an insurance policy of sorts, for pre-existing surveillance and spy operations.
Fusion-GPS fulfilled that contract by delivering the Steele Dossier.
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HPSCI ranking member Devin Nunes appears on Fox News with Judge Jeanine Pirro to discuss ongoing political issues.  During the interview Representative Nunes outlines the House hearings scheduled for next week.
The framework and purpose of this upcoming week is something we have outlined since January; democrats are forming the foundation for impeachment as a political tool.  The comments from Nunes about impeachment hearings begins at 05:00 [WATCH]

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As we discussed last week, all of this is by design. Nancy Pelosi and the House Democrats are structuring a contempt vote against U.S. Attorney General Bill Barr for next week, June 11th.   As part of the current construct, the Lawfare alliance of legal advisers and staff are writing specific language into the vote that will automatically allow more contempt votes against the Trump administration without hearings.
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Making the assumption that Iowa voters are the most engaged current Democrats; and considering that all candidates have spent the most time there so far; it’s worth taking a look at how Iowa Democrat voters are aligning with their field of candidates.
According to the latest CNN Poll of likely Iowa voters, Creepy Joe leads the way with 34%; followed by Crazy Bernie at 16%; Indian Liz sneaking up with 15%; Dopey Buttigieg jumping to the four position with 14%; and media darling Spank-Me Harris at 7%.

(Full Poll pdf Here)

All other candidates, including Booker and Beto, are not attracting much Iowa support beyond their campaign team paychecks.  Down twinkles…

WASHINGTON (CNN) – Joe Biden leads as the top choice of likely participants in the first-in-the-nation Iowa Democratic caucuses, but his advantage there is smaller than the one he has held in recent national polling, even as just five candidates out of a field of 23 crack 5% support.

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Interesting, albeit not surprising, report from the New York Times after they are debriefed by a group of U.S. tech industry executives about a compliance meeting in China.
The Beijing regime of Chairman Xi Jinping summoned leaders from the top of U.S. tech industry companies and informed them of consequences for complying with U.S. laws that relate to black-listed Chinese industry; ie. Hauwei.  It will be interesting to see how this dynamic plays out.
Beijing is counting on the far-left anti-American ideology within Silicon Valley to create a communist economic alliance on U.S. soil that will work against the interests of the American people.

SAN FRANCISCO — The Chinese government this past week summoned major tech companies including Microsoft and Dell from the United States and Samsung of South Korea, to warn that they could face dire consequences if they cooperate with the Trump administration’s ban on sales of key American technology to Chinese companies, according to people familiar with the meetings.

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The border and migration “agreement” with Mexico is a smart move by President Trump. If you worry that Mexico won’t take any action, well, don’t underestimate the dynamic President Trump just put into play.
Financial investment flows based on expectation, probability and risk management. If you don’t think Mexico will follow-up with their end of the bargain; then you are predicting the tariffs will reappear in 90-days.

Overlooked by most of the financial pundits President Trump has pre-positioned risk management actuaries with the basis for their analysis and internal investment advice. In a similar move last year, President Trump suspended tariffs against China based on an agreement (G20 summit in Argentina). After several months and a 150 page initial agreement of principle, China walked away from their prior promises and  terms.  The tariffs against China were immediately implemented at the previous rate.
That China example with tariffs is now the baseline for all multinational investment to consider as they review their current exposure in Mexico. If any financial investor (bank or corporation) believes Mexico will not adhere to the border/migration agreement, then by extension they are accepting/predicting the Mexican tariffs will take effect in 90-days.
Put another way… President Trump has just given notice to all global business interests to organize their financial affairs toward Mexico within 90 days.
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