Follow the money

Russia probe ... Trump ... gun sales ... Harvard diversity ... texting-suicide case
Friday, August 4, 2017
There's A LOT going on, so let's get straight to what you need to know to
Get Up to Speed and Out the Door.

By Doug Criss.

1. Russia investigation

Federal investigators exploring whether Donald Trump's campaign colluded with Russians have seized on Trump and his associates' financial ties to Russia as one of the most fertile avenues for moving their probe forward, according to people familiar with the investigation. Trump's reaction to this will be closely watched, since a few weeks ago the President said moving the investigation into the realm of his or his family's finances would cross a red line.

Meanwhile, special counsel Robert Mueller has issued grand jury subpoenas related to Donald Trump Jr.'s 2016 meeting with a Russian lawyer at Trump Tower. The subpoenas seek both documents and testimony from people involved in the meeting, CNN has learned. That meeting has drawn scrutiny since an email exchange beforehand indicated the Russians were offering damaging information on Hillary Clinton.

2. President Trump

The President, in a surprise to no one, blasted these new developments in the Russia investigation during a rally in West Virginia. He called the Russia probe "a total fabrication" and "an excuse for the greatest loss in the history of American politics." He also slammed the US Senate for not spiking Obamacare, saying the senators had "let us down."

Trump was joined at the rally by West Virginia Gov. Jim Justice, who announced he was moving from Team Democrat to Team GOP. It makes sense that Justice would switch parties: Trump won almost 70% of the vote last fall in his state and has a 60% approval rating there. Republicans are running circles around the Dems in governors' mansions: Justice gives the GOP a 34-to-15 advantage in governorships.

During the rally, Trump didn't bring up those transcripts of his calls with foreign leaders, which got leaked to The Washington Post. According to the transcripts, Trump urged Mexican President Enrique Peña Nieto to stop saying Mexico wouldn't pay for the US border wall. He also called New Hampshire a "drug-infested den."

3. Gun sales

Gun makers and sellers largely backed Donald Trump for President. And what have they gotten for it? Plummeting gun sales. Gun maker Sturm Ruger says its sales dropped 21% last quarter, while Cabela's, which sells guns and outdoor products, has seen store sales fall 10%. Guns and ammo sold at a record pace during Barack Obama's presidency and also during Hillary Clinton's presidential run, because some people expected, or at least feared, Clinton would win and seek tighter gun control measures. Clinton lost, of course, and gun sales started slipping the day after the election.

4. Harvard and diversity

For the second year in a row, the freshmen class at Harvard is mostly nonwhite. Of the 2,056 students accepted into this class, 50.8% don't identify themselves as white. This didn't make headlines when it happened last year, but it is now, as the renowned university faces a discrimination complaint filed by a coalition of 64 Asian-American associations. The complaint alleges that Harvard has discriminated against Asian-Americans in its admissions policies. Harvard denies the claim. The complaint has caught the attention of the Justice Department, which is looking for lawyers to study it.

5. Texting-suicide case

Michelle Carter was sentenced to 15 months in jail on her involuntary manslaughter conviction. Carter, then 17, sent numerous text messages to her then-18-year-old boyfriend urging him to kill himself, which he did in July 2014. The case may prompt Massachusetts to pass a law (already on the books in about 40 other states) that would make it a crime to encourage someone to commit suicide. Carter will be free while her case is appealed.
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Breakfast Browse

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Don't look down!
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Oprah Winfrey, a major stockholder in and spokeswoman for Weight Watchers, says while she's all for self-acceptance, even she has her limits.

What's for lunch

Here's what's coming up later
Jobs milestone?
Have a million jobs been added so far in the Trump presidency? We'll find out later this morning when the July jobs report comes out.
Light it up
The mandatory evacuation order for two islands in North Carolina's Outer Banks will end at noon ET, after power was restored after a weeklong outage.
Opening day
The new national assembly elected in Venezuela's controversial election meets this morning for the first time. Opposition and pro-government groups will mark the occasion with dueling marches.

And finally ...

Faceoff
It's elephant vs. goose at a Utah zoo. (Click to view)
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