Tuesday, August 6

ByKevin Sheekey

Domestic Terror in the U.S.: Rise of Far-Right Violence Leads to Calls for Realigning Post-9/11 National Security Priorities (Washington Post)

Shootings Spur Debate on Extremism and Guns, With Trump on Defense (New York Times)

Political leaders reacted with their own raw distress and alarm.

Michael R. Bloomberg, the former New York City mayor who has bankrolled a yearslong crusade for gun safety, wrote in a Bloomberg Opinion column that the “new atrocities need to change the political dynamic” around guns, and said Mr. Trump’s remarks were little more than “the usual dodge.”

Tech Companies Say They’re Ready to Fight White-Nationalist Terror (Axios)

Gun Control Groups, Having Given Up on Trump, Look to 2020 for Federal Action on Guns (New York Times)

New restrictions passed the House only after Democrats won a majority and activists don’t expect much from the G.O.P.-controlled Senate.

As the El Paso shooting was unfolding, more than 2,000 activists were at a hotel in Washington for a training organized by Moms Demand Action for Gun Sense in America, an arm of the Mike Bloomberg founded and funded Everytown for Gun Safety.

On Saturday night, hundreds of them marched two miles to the White House — while Mr. Trump was crashing a wedding at his New Jersey golf resort — and then to the Capitol, chanting, “El Paso!” and “Not one more!”

Dear Walmart CEO: You Have the Power to Curb Gun Violence. Do It. (New York Times)

The incomparable Andrew Ross Sorkin writes an open letter to Walmart CEO Doug McMillon: “You, singularly, have a greater chance to use your role as the chief executive of the country’s largest retailer and largest seller of guns — with greater sway over the entire ecosystem that controls gun sales in the United States than any other individual in corporate America.” Tweet at Andrew here.

Sad Reality: Bulletproof Backpacks in Demand for Back-to-School Shopping (New York Times)

How You Can Help El Paso & Dayton Shooting Victims and Support Their Communities (Bustle)

Trade War Update: China Acts to Limit Yuan Plunge, Bringing Some Relief to Markets (Bloomberg)

In Trump-Xi Fight, Both Leaders Make Big Bets That May Backfire (Bloomberg)

Financial news.

Recession Watch: Yield Curve Blares Loudest U.S. Recession Warning Since 2007 (Bloomberg)

America Needs an Independent Fed (Wall Street Journal oped)
Former Fed Chairs Janet Yellen, Paul Volcker, Alan Greenspan and Ben Bernanke penned an oped supporting an independent federal reserve. They write: “The economy functions best when the central bank is free of short-term political pressures.”

Europe’s Trading Desks Halt Long Slide as Credit Suisse Gains (Bloomberg)

Robots Are Solving Banks’ Expensive Research Problem in Developing Nations (Bloomberg)

Climate today.

Best of late night.

“July was the hottest month ever recorded on Earth. Right now Democrats are blaming global warming, while Republicans are blaming video games.”
— Jimmy Fallon

“If video games were so influential, they should make one about Congress called ‘[Expletive] Do Something!’”
— Seth Meyers

“Tonight was the premiere of the Bachelor in Paradise. It’s a show with way too much alcohol and not nearly enough chlorine.”
— Jimmy Fallon

“Instagram went down for a couple hours on Sunday. Instagram going down on a Sunday? At brunches everywhere, everyone looked at each other and said, ‘What’s the point?’”
— Jimmy Fallon

For more best of late night from the New York Times, click here.

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