FT News Briefing US House impeaches Trump again, Jack Ma vs Xi Jinping, NYC cuts ties with the Trump Organization
Jan 14, 2021
Donald Trump makes history as the first U.S. president impeached twice, with unexpected bipartisan support. New York City cuts ties with the Trump Organization, shaking up local business dynamics. The clash between Jack Ma and Beijing raises questions about the future of China's private sector. Meanwhile, London unveils a recovery plan focusing on green technology and fintech in the post-pandemic landscape. Tune in for insights on political turmoil and its impact on business.
AI Snips
Chapters
Transcript
Episode notes
Bipartisan Impeachment
- Ten House Republicans joined Democrats in impeaching Trump.
- This bipartisan action demonstrates a significant shift from Trump's previous impeachment.
Senate Impeachment Trial
- A two-thirds Senate majority is needed to convict and remove Trump.
- Senate Majority Leader McConnell won't start the trial until next week, under Democratic control.
Trump's Response to Violence
- Trump condemned the violence in a YouTube video but took no responsibility.
- This contrasts with his earlier statements expressing love for the protesters.