President Trump calls impeachment trial a long-running 'hoax' at Davos summit.
to divert attention from the drama playing out back home and give the appearance of a president hard at work. It’s a strategy used by former President Bill Clinton, who scheduled events across the country during his impeachment though didn’t travel abroad.“It’s an opportunity to speak about the recent trade deals he’s made, as well as our booming economy,” White House press secretary Stephanie Grisham said earlier.
Trump spoke to a crowd of mostly business elites, many of whom have benefited from the surge in the stock market under his term as well as his corporate tax cuts. Despite Trump's populist, anti-globalist rhetoric that helped get him elected, Trump has sought to bolster his relationship with Wall Street and the business community, often inviting executives to the White House and touting how his administration has enriched them.
Trump has meetings throughout the day with business executives, the prime minister of the Pakistan, president of the European Commission, and president of the Swiss Confederation. He is expected to travel back to Washington on Wednesday. Those meetings could also give Trump the opportunity to take questions from reporters during photo opps.Tuesday afternoon where a number of procedural items are expected to be raised. Arguments by Democrats will begin Wednesday at 1 p.m.
The U.S. unemployment rate held steady at 3.5 percent in December, but the months payroll and wage growth missed expectation.
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