Daily News Digest June 17, 2018

In an op-ed for The New York Times, Philip Hackney argued that Trump could be prosecuted for evading taxes on some of his "self-dealing" payments, as well as for making false statements on tax filings.

“The economy,” Federal Reserve Chairman Jerome Powell declared this week, “is doing very well.”

And it is. Steady hiring has shrunk unemployment to 3.8 percent — the lowest since the 1960′s. Consumers are spending. Taxes are down. Inflation is tame. Factories are busy. Demand for homes is strong. Household wealth is up.

Good job, Jeff Sessions! It seems the attorney general’s misguided attempts to revive the unpopular and unjust federal war on marijuana may be having the exact opposite effect — prompting a new bipartisan effort in Congress to allow states to legalize cannabis.

There is one person who can persuade Underwood to indict Trump, his three oldest children and others—New York Gov. Andrew M. Cuomo.

He can direct the New York State Department of Taxation and Finance to refer the matter as a tax crimes offense. The attorney general, Underwood, could then seek indictments.

 

Iowa farmers could lose up to $624 million, depending on how long the tariffs are in place and the speed producers can find new markets for their soybeans, said Chad Hart, an Iowa State University economist.

Vivian Schiller says she wasn’t looking for a full-time job. The digital veteran of Twitter, NBC News, NPR and The New York Times had come to enjoy the “portfolio life” of board duties and consulting.

An acquaintance at the Civil Media Company told her about a “foundation council” it was putting together. She was intrigued, met with company leaders and was presented with another notion: CEO of what would be the Civil Foundation.

She took the job on June 7 — and starts work this morning.