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Both Obama and Trump are on the campaign trail, but only one of them appears to be descending into madnessThis was originally published in This Week in Trumpland. Sign up to receive it in your inbox every Wednesday.Barack Obama versus Donald Trump. It is the presidential election that never happened but has come to define an era of US politics.Obama is back on the campaign trail for the midterms, still electrifying crowds, earning shouts of “We love you!” and skewering his successor. “What’s up with the gold?” he asked a crowd in Detroit. “I mean, he’s got the White House looking like Saddam Hussein opened a Cheesecake Factory.” This has, predictably, set off a mini culture war involving questions of elitism and the tastefulness of chain restaurants. Continue reading...
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The Fed held rates steady before midterms, a decision that follows a recent hike and highlights ongoing political tension with Trump over monetary policy.