AFN NEWS

Thursday, November 8, 2018　

1) From ABC News, I’m Scott Goldberg. Attorney General Jeff Sessions is packing up his office after being forced out of it by the President who asked for his resignation today. “In a tweet, President Trump announced the departure of Attorney General Jeff Sessions, writing quote, ‘We are pleased to announce that Matthew G. Whitaker, Chief of Staff to Attorney General Jeff Sessions at the Department of Justice, will become a new Acting Attorney General of the United States.’ Whitaker, who had previously said that the Mueller investigation has gone too far, has not recused himself and now as Acting A.G. will oversee the Mueller probe. Laura Behnke, ABC News, the White House.” ABC News political director Rick Klein says Sessions didn’t just resign, Jeff Sessions was fired. That is Washington called for firing the Attorney General of the United States, and it is very much mixed into both the election results with the President getting more of Republican senators feeling like this is a moment to clear the deck, and of course the Robert Mueller probe. Top Senate Democrat Jack Schumer says protecting Special Counsel Robert Mueller is most important now as the future of the Russian investigation is in question. “It would create a constitutional crisis if this were a prelude to ending or greatly limiting the Mueller investigation.” Schumer’s calling on Acting A.G. Whitaker to recuse himself from the probe, so Nancy Pelosi, the Democratic Leader of the House with Democrats, will now take over after last night’s midterm elections. They’ve picked up 29 seats in that Chamber. In a lengthy news conference earlier today, President Trump threatened those Democrats if they start investigating him. “They can look at us, then we can look at them, and it’ll go back and forth, and it’ll probably be very good for me politically. I could see it being extremely good politically, because I think I’m better at that game than they are, actually.” Despite losing the House, the President says he thinks the elections proved he is popular.

2) On Wall Street, stocks rallied on those election results, the Dow closed up 545 points, gaining more than 2%, S&P 500 at the highest close in four weeks.

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From the Fox Business Network; on Wall Street, stocks soaring on the midterm election bounced to major averages hitting session highs after President Trump indicated he’s willing to work with Democrats on policy initiatives that will help the economy to keep growing. Among the gainers today, tech stocks and healthcare companies with the Dow closing up 545 points, the NASDAQ up 195, S&P 500 up 58. Also energy stocks rose after a swath of oil-and-gas companies reported earnings that topped expectations and after Colorado voters rejected limits on fracking. // And pot stocks soaring as Attorney General Jeff Sessions resigned. Sessions was vocally opposed to cannabis legalization, and the midterm election having ushered in the green way with Michigan voting to legalize recreational marijuana. And other states supporting medical cannabis use. With the Fox Business Report, I’m Hilarie Barsky.