5 things you need to know now
5 things you need to know now
  • House Judiciary Committee votes to advance impeachment articles to House

  • Trump administration reaches limited trade deal with China

  • Supreme Court agrees to hear three cases on Trump's financial records

  • Democratic presidential candidates to boycott debate over union strike

  • Box office expecting strong weekend with Jumanji, Bombshell, Richard Jewell

After debating the articles of impeachment against President Trump on Wednesday and Thursday, the House Judiciary Committee voted Friday to advance the articles for a full House vote. The committee approved both articles on party lines, 23-17. The first article is abuse of power, alleging Trump wrongly pressured Ukraine to investigate his political rivals ahead of the 2020 election. The second article is obstruction of Congress, alleging Trump improperly refused to comply with the impeachment inquiry and blocked officials from supplying lawmakers with documents and testimony. Trump called the Friday vote "an embarrassment to our country." The full House is expected to debate and vote on the articles next week.

Source: The Associated Press

The U.S. and China publicly announced a phase one trade deal on Friday, and indicated plans to sign it. The deal includes the U.S. rolling back some tariffs, including canceling tariffs on Chinese goods that were set to take effect on Sunday. Beijing has agreed to increase agricultural purchases, and is reportedly considering canceling some retaliatory tariffs. The deal is an effort to minimize the trade war that has simmered between the two countries for months. U.S. stocks surged after the deal was announced, but settled down after the initial jump. The White House will leave in place the 25% tariffs on $250 billion in imports, while cutting existing duties on another $120 billion in products to 7.5%, President Trump tweeted.

Source: CNBC

The Supreme Court agreed Friday to hear President Trump's appeal of three cases that involve subpoenas for his financial records, giving no explanation for the decision. Oral arguments for the separate cases are likely slated for March, with a decision expected at the end of June. In three separate cases, Manhattan District Attorney Cyrus Vance, the House Oversight Committee, and the House Financial Services and Intelligence Committees requested Trump's personal and business financial records. Trump's lawyers sued to block those subpoenas, but courts ruled against them. An appeal to the Supreme Court, after first getting stays on the rulings to block the records' immediate release to the oversight committee, was accepted Friday. Trump's lawyers have argued the subpoenas are not a legitimate legislative inquiry.

Source: NBC News

Top Democratic presidential candidates on Friday announced plans to boycott next week's debate, to show support for a union dispute at Loyola Marymount University, where the debate is to be held. Sen. Bernie Sanders (I-Vt.), Sen. Elizabeth Warren (D-Mass.), businessman Andrew Yang, former Vice President Joe Biden, Sen. Amy Klobuchar (D-Minn.), billionaire activist Tom Steyer, and South Bend, Indiana, Mayor Pete Buttigieg each independently announced they would not "cross the union's picket line even if it means missing the debate," as Warren wrote. Employees of LMU's food service provider Sodexo have been negotiating an agreement through a labor union for months, seeking higher wages and more affordable health care.

Source: Politico

Weekend moviegoers will have several major new releases to choose from, as Bombshell, Jumanji: The Next Level, Uncut Gems, Richard Jewell, and Black Christmas are all debuting to a wide release on Friday. The second installment of the Jumanji reboot turned in big numbers in Thursday previews and will likely even top Frozen II, which has led at the box office for three straight weekends. The Clint Eastwood-directed Richard Jewell has made headlines for its depiction of a real-life reporter, while Adam Sandler's Uncut Gems performance has sparked talk of a potential Oscar nomination. Another headlines-inspired film, Bombshell, features Charlize Theron, Nicole Kidman, and Margot Robbie in a depiction of Fox News reporters coming forward to take down ex-chief Roger Ailes.

Source: Box Office Mojo
Start every morning with all you need to know
Delivered to your inbox