White House plans another major climate-change push
The Obama Administration is planning two roundtable discussions this week that will lay out a dollars-and-sense rationale for why action must be taken on climate change. As part of the push, the president will address the League of Conservation Voters on Wednesday night.
The effort comes the same week the Supreme Court handed down a mixed-bag ruling on the rights of the Environmental Protection Agency to regulate factories and power plants.
The White House will have powerful allies this time around. Former New York City Mayor Michael Bloomberg, former Treasury Secretary Hank Paulson, and billionaire environmental activist Tom Steyer will announce the findings of the "Risky Business" report later Tuesday morning in New York. The study will detail the financial risks of inaction on climate change.
Early reports on the study show potential losses of more than $30 billion due to hurricanes and other coastal storms and declines in crop yields costing tens of billions of dollars, as well.
Christie faces second bridge investigation
There’s another bridge-related political headache brewing for New Jersey Gov. Chris Christie. The Securities and Exchange Commission and a Manhattan district attorney are looking into possible securities law violations from a $1.8 billion road-fixing plan from 2011 on the Pulaski Skyway, which connects Newark and Jersey City in the Garden State.
Earnest’s grace period with White House press corps officially over
If reporters thought Josh Earnest would be a big softy behind the podium, they were quickly proven wrong. Earnest’s first day as White House press secretary included a sharp back-and-forth with reporters at the daily briefing. An Associated Press profile of the longtime Obama aide from last week noted his "reputation for Midwestern affability and a style of relating to the media that’s more honey and less vinegar."
Yahoo’s Mayer criticized for Cannes nap
The Wall Street Journal reported on Monday that Yahoo CEO Marissa Mayer was two hours late for a meeting with Interpublic Group CEO Michael Roth and marketers from companies such as Mondelez at Cannes because she fell asleep. IPG set the meeting up so the holding company and its clients could hear first-hand from Mayer about the latest at Yahoo, according to the Journal.
Walmart takes the red pen to Times op-ed
Here’s a new response from Walmart to a negative op-ed about the retailer in The New York Times. The company posted an "edited" version, complete with red pen, of the column’s "first draft" on its own website. The revisions are similar to what we all saw in college from strict professors, demanding more research and pointing out repetitive statements.