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Policy and Government

Ways and Means Chair Kevin Brady tells Hugh Hewitt that Kevin McCarthy will be the next speaker.

Larry Kudlow discusses China trade talks.

On Real Clear Markets, John Tamny mocks the GOP’s ‘China Derangement Syndrome’.

Reuters reports that the Atlanta Fed is projecting annualized 4.7% GDP growth in Q2.

On Real Clear Markets, Allan Golombek writes the only way to win a trade war is by not starting one.

Monetary

At Forbes.com, Brian Domitrovic says gold and oil are converging again.

From Forbes.com, Nathan Lewis debunks 5 myths on the gold standard.

Tax

On CNBC, John Harwood reports President Trump’s tariffs will shrink tax cut gains.

CNN reports tariffs are eating into tax cuts.

Regulatory

On CNS News, Terence Jeffrey reports President Trump has cut the federal payroll by 24,000 jobs.

Photo Credit: Steve Corey