Good morning, here’s what you need to know.
- President Donald Trump plans to travel to his estate in Florida, Mar-a-Lago, which has been dubbed by the Trump as the “Winter White House.” Before he leaves, however, he will meet with his economic advisory team, which is made up of influential business executives. At that meeting, his immigration order is most likely to be discussed. Trump’s immigration order was the catalyst for Uber CEO Travis Kalanick to remove himself from the team.
2. Since Mr. Trump has taken office, he has kept sanctions on Russia, until they withdraw from Crimea, and he is thinking about placing sanctions on Iran for firing ballistic missiles during tests. But he has not changed U.S. policy with Israel and Israeli settlements. In a statement yesterday, the White House said that Israeli settlements in the West Bank “may not be helpful” towards maintaining peace in the region.
3. President Donald Trump has once again thrown a punch at his replacement on the Celebrity Apprentice, Arnold Schwarzenegger, writing on Twitter today that he “did a really bad job as governor of California and even worse on the Apprentice… but at least he tried hard!” This is the second time this week he has said something like this about Schwarzenegger publicly, the first time being at the National Prayer Breakfast. There he was introduced by the Apprentice creator Mark Burnett. He said that Burnett was a “special, special friend”, but after that, he attacked the show and its new star. “They hired a big, big movie star, Arnold Schwarzenegger, to take my place, and we know how that turned out,” Trump said. “The ratings went right down the tubes. It’s been a total disaster. And Mark will never, ever bet against Trump again, and I want to just pray for Arnold, if we can, for those ratings, OK?”
4. The American people are divided on Trump’s travel ban. A new poll shows that 51% of the American people disapprove of the travel ban, while 45% approve of it. Although, 85% of Republicans surveyed approved of the order while 85% of Democrats surveyed were against the order. This contradicts a claim on Fox News’ show Hannity last night that most people in America approve of this order and that to them it is common sense.
5. The economy added 227,000 jobs in January, and the unemployment rate is at 4.8%. This is a significant increase from December’s 157,000 jobs added. These very high numbers could signal market confidence in Mr. Trump’s tax and regulatory cuts.