Blanche Strikes Deal With GOP Senators to Advance Nomination

Summary

Bloomberg White House correspondent Jeff Mason reports that two Republican senators dropped their opposition to Todd Blanche's nomination for attorney general after he agreed to rescind an 'anti-weaponization fund.' The deal clears a key committee hurdle and increases the likelihood of Senate confirmation.

• GOP Senators Cornyn and Tillis withdrew opposition to Blanche's AG nomination.
• Blanche agreed in writing to rescind the anti-weaponization fund order.
• President Trump had publicly stated he wanted the fund maintained.
• The deal clears the Senate Judiciary Committee for a confirmation vote.
• No financial market or investable asset implications were discussed.