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7:05 PM ET, February 5, 2018

memeorandum

 Top Items: 
Matt Egan / CNNMoney:
Dow falls over 1,000 points  —  The Dow had its worst week in two years.  Why?  —  The markets plunged Monday, with the Dow falling nearly 1,600 points in the largest intraday point decline ever.  —  The selloff knocked the Dow down as much as 6.3%.  —  At its worst levels …
RELATED:
Ben White / Politico:
‘The president clearly set himself up’: Trump's stock market miscalculation  —  NEW YORK — President Donald Trump is learning a basic and painful lesson of Wall Street: Stocks also go down.  —  A global market sell-off accelerated Monday with the Dow Jones Industrial Average plunging nearly 1,600 points …
Evelyn Cheng / CNBC:
After Dow plunges, White House says it's focused on ‘long-term economic fundamentals’  — The Dow Jones industrial average closed more than 1,100 points lower Monday, and the S&P 500 traded erased gains for the year.  — President Donald Trump has touted the strong stock market performance since …
Discussion: BuzzFeed, Hit & Run and Mediaite
Mark Landler / New York Times:
Trump Accuses Democrats of ‘Treason’ Amid Market Rout  —  WASHINGTON — President Trump on Monday accused Democrats who did not clap during his State of the Union address of being un-American and even treasonous.  His remarks came in a rambling, discursive speech at a factory in Ohio …
Tommy Christopher / Shareblue Media:   Trump calls black lawmakers “treasonous” and “un-American” for not applauding him
Thomas Heath / Washington Post:
Dow closes down nearly 1,200 points after plunging more than 1,500 points in volatile trading
Discussion: CNBC, US News and IJR
Emily Stewart / Vox:
The Dow just fell by more than 1,100 points
Discussion: CNBC, Breitbart and Wall Street Journal
The Guardian:   Australian stock market slides after Dow suffers biggest one-day fall since 2011 - live updates
Jeremy Diamond / CNN:
Trump touts economy, tax break as market tanks
Discussion: Mother Jones and The Week
New York Times:
The Times Asks Court to Unseal Documents on Surveillance of Carter Page  —  WASHINGTON — The New York Times notified the Justice Department on Monday that it is asking the Foreign Intelligence Surveillance Court to unseal secret documents related to the wiretapping of Carter Page …
RELATED:
Kyle Cheney / Politico:
Republicans concede key FBI ‘footnote’ in Carter Page warrant  —  Republican leaders are acknowledging that the FBI disclosed the political origins of a private dossier the bureau cited in an application to surveil former Trump campaign adviser Carter Page, undermining a controversial GOP memo released Friday …
Alayna Treene / Axios:
White House: Trump lawyers in favor of appointing second special counsel  —  Deputy Press Secretary Raj Shah told reporters on Air Force One Monday that President Trump's attorneys have already approved the idea of appointing a second special counsel to investigate the FBI …
Nicholas Fandos / New York Times:
Committee Votes to Release Democratic Rebuttal to G.O.P. Russia Memo
Chuck Grassley:
After House GOP Memo, FBI OKs Release of Unclassified Steele Referral
Lawfare:
‘I Hope This Is an Instance of Fake News’: FBI Messages Show the Bureau's Real Reaction to Trump Firing James Comey  —  Then-FBI Director James Comey meets with North Dakotan state, local, and tribal leaders in 2016 (FBI)  —  When President Trump fired James Comey as FBI director last May …
Hadas Gold / CNNMoney:
Chaos at Newsweek: Top editors suddenly out  —  Employees at Newsweek have been told that editor-in-chief Bob Roe and executive editor Ken Li have been fired, sources with knowledge of the situation told CNN.  —  A reporter, Celeste Katz, who had written articles about financial issues …
Discussion: Longreads and BuzzFeed
RELATED:
Maxwell Tani / The Daily Beast:
Newsweek Guts Its Top Edit Staff Amid Legal Turmoil … Newsweek on Monday fired all of its top staff amid turmoil that has upended the newsroom.  —  In a company meeting, news director Christina Silvia announced that the outlet had fired Editor in Chief Bob Roe, Executive Editor Ken Li …
Jon Levine / The Wrap:
Newsweek in Chaos as Top Editors, Reporters Fired and New York Staff Sent Home
Discussion: The Daily Caller
Associated Press:
Court allows Pennsylvania to redraw GOP-favored district map  —  HARRISBURG, Pa. (AP) — The U.S. Supreme Court on Monday let a court-ordered redrawing of congressional districts in Pennsylvania proceed, denying a plea from Republicans legislative leaders to block it.
Discussion: IJR
RELATED:
Ian Millhiser / ThinkProgress:
BREAKING: Pennsylvania's Republican gerrymander is finally dead
Discussion: Democrats.com and Mother Jones
Washington Post:
Supreme Court won't block Pa. ruling that state redraw congressional boundaries immediately …
Discussion: Politicus USA
Dominic Patten / Deadline:
Eagles' 1st Super Bowl Win Draws 103.4M Viewers, Smallest Audience In Nine Years - Update  —  UPDATE, 1:13 PM: As late as it went and as rowdy as it got, the City of Brotherly Love made pretty swift progress this morning picking up the debris of last night's victory celebrations for the Philadelphia Eagles' first Super Bowl win ever.
RELATED:
Jonathan Rauch / The Atlantic:
Boycott the Republican Party  —  A few days after the Democratic electoral sweep this past November in Virginia, New Jersey, and elsewhere, The Washington Post asked a random Virginia man to explain his vote.  The man, a marketing executive named Toren Beasley, replied that his calculus was simply to refuse to calculate.
Kylee Wierks / CBS 4:
Police: Man accused of driving drunk, killing 2 men, including Colts player Edwin Jackson, was in country illegally  —  INDIANAPOLIS, Ind. - The suspected drunk driver accused of killing two people, including Colts player Edwin Jackson, is in the United States illegally and has previously …
RELATED:
CNN:
Trump ambassador nominee promoted fringe conspiracy theories on Twitter  —  STORY HIGHLIGHTS  —  (CNN)President Donald Trump's nominee to be the ambassador to Barbados and several other Caribbean countries spread fringe conspiracy theories and unfounded attacks about Trump's political opponents on Twitter …
Discussion: Raw Story and Mediaite
Scott Wilson / Washington Post:
Think California politics is on the far-left fringe?  Just wait for the next elections. … SACRAMENTO — For those who think California politics is on the far-left fringe of the national spectrum, stand by.  The next election season, already well underway here, will showcase a younger generation …
Josh Marshall / Talking Points Memo:
We Know Devin Nunes Probable Collaborator at the White House: Michael Ellis  —  On the House side (and to some but a much lesser extent in the Senate) congressional oversight has been entirely focused on protecting President Trump.  With so many key questions ignored and evidence covered up …
RELATED:
Sarah K. Burris / Raw Story:   WATCH: Meghan McCain gets schooled with her father's own words after pushing bogus claims about the Nunes memo
Alexander Bolton / The Hill:
Polls swing toward GOP, easing fears of midterm disaster  —  Republicans are feeling better about their prospects in the midterm elections, buoyed by recent polls that show their numbers improving.  —  An ebullient President Trump  —  touted the shift in public sentiment reflected …
Discussion: bizpacreview.com and Power Line
Wall Street Journal:
Dow Falls More Than 600 Points Amid Inflation Fears  —  The blue-chip index is now down more than 5% from its all-time closing high on Jan. 26  —  U.S. stocks continued sliding Monday as fears about rising inflation and higher government bond yields interrupted the long-running market rally.
CNN:
Super Bowl anti-terrorism documents left on plane  —  (CNN)The Department of Homeland Security documents critiquing the response to a simulated anthrax attack on Super Bowl Sunday were marked “For Official Use Only” and “important for national security.”  —  Recipients of the draft …
Stan Collender / Forbes:
This Is The Real Reason The GOP Doesn't Want To Do A Budget This Year  —  House and Senate Republicans, who should be jonesing to pass a budget this year, are instead running away from doing that as fast as they possibly can.  In spite of the legal requirement that Congress adopt an annual budget resolution …
Discussion: bradford-delong.com
Andrew Kaczynski / CNN:
Scott Pruitt called Trump an ‘empty vessel’ on ‘the Constitution and rule of law’ in another 2016 interview  —  STORY HIGHLIGHTS  — Pruitt called Trump an “empty vessel” on the Constitution and rule of law in a February 2016 interview with a local Oklahoma radio show
Discussion: The Daily Caller and Axios
Rebecca Nelson / Cosmopolitan:
Trump Accuser Rachel Crooks Is Running for the Ohio State Legislature  —  Crooks, who claims Trump once kissed her without her consent, says she's still fighting for her voice to be heard.  —  The groundswell of women President Trump has inspired to run for office this year now includes one who has accused him of sexual misconduct.
 
 
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 More Items: 
Associated Press:
As stocks plunge, Trump hits Dems for non-support on economy
Discussion: Breitbart
TMZ.com:
‘Frasier’ Star John Mahoney Dead at 77
Discussion: WGN-TV, FOX31 Denver and FOX59
Carol Rosenberg / miamiherald:
Secretary of Defense fires Guantánamo war court overseer
David Edwards / Raw Story:
Velshi/Ruhle roasts GOP memo truthers with hilarious supercut of Geraldo Rivera opening Al Capone's vault
Sharyl Attkisson / The Hill:
Nunes memo raises question: Did FBI violate Woods Procedures?
Discussion: The Last Refuge
CBS News:
Janet Yellen: The exit interview
Discussion: NBC News
Southern Poverty Law Center:
The Alt-Right is Killing People
Discussion: ThinkProgress and The Week
Alex Nowrasteh / Cato Institute:
The Fatal Flaw in John R. Lott Jr.'s Study on Illegal Immigrant Crime in Arizona
 Earlier Items: 
Ed Mazza / HuffPost:
An Actual Nazi Is About To Be The Only GOP Candidate In A Congressional Race
James Fallows / The Atlantic:
Calling the Trump Era by Its Proper Name
Emma Cott / New York Times:
How Our Reporter Uncovered a Lie That Propelled an Alt-Right Extremist's Rise
Discussion: Raw Story