74% of economists predict the next recession will hit by the end of 2021 — including 38% who see it coming in the 2020 presidential election year, according to a new survey. More in Morning Money:
Session of the United Nations General Assembly will jam some of the world’s most influential leaders into four blocks in Gotham. POLITICO’s man-about-town Ryan Heath will take you inside UNGA—revealing juicy details from the lighter-side of the gathering and insights into the most pressing global issues facing decision-makers today.— Congress is still out. The Federal Deposit Insurance Corp. board will vote Tuesday on finalizing changes to the Volcker rule.
"But investors are also looking beyond these first-order effects as they pick out which stocks look susceptible to the trade war. Those picks now include many companies that have no significant ties to China but are still at risk. That’s why all but 2 percent of the stocks in the S&P 500 fell on Aug. 5, when worries ratcheted higher after China let its currency devalue to its lowest level in a decade.
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White House suspends reporter Brian Karem's hard passIn a letter to Playboy correspondent and CNN political analyst Brian Karem's lawyer on Friday, White House press secretary Stephanie Grisham said she had 'made a final determination' to suspend Karem's hard pass for 30 days.
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White House Mulled Ways to Block Migrant Children From Schools(Bloomberg) -- Some top aides to President Donald Trump sought for months for a way to give states the power to block undocumented immigrant children from enrolling in public schools -- all part of the administration’s efforts to stem illegal crossings at the southern U.S. border.Trump senior adviser
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White House moving forward with plan to cancel foreign aid, teeing up fight with CongressThe Trump administration has finalized and is moving forward with a plan to cancel billions of dollars in foreign aid funding, a senior administration official told CNN on Saturday, teeing up a fight between the White House and Congress over the rarely used and controversial move known as rescission.
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Playboy Reporter Brian Karem Sues White House Over Press Pass SuspensionHe accused the Trump administration of trying to “stifle the First Amendment" and "inject fealty among the press corps.”
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Top White House economic adviser says Trump still 'looking at' buying GreenlandTop White House economic adviser says the Trump admin. is still 'looking at' buying Greenland.
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