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To: From: Sent: Subject: Jackson, Ryan[jackson.ryan@epa.gov] American Enterprise Institute Wed 7/12/2017 10:13:15 AM AEI Today: President Trump admires Vladimir Putin, but he doesn't understand him . President Trump admires Vladimir Putin, but he doesn't understand him AEl's daily publication of independent research, insightful analysis, and scholarly debate Reuters President Trump admires Vladimir Putin, but he doesn't understand him lefjllliOIIBiitiilll American presidents have been getting Russia wrong for years, but last Friday was different. President Trump made many mistakes during his summit with Vladimir Putin, beginning by saying it was an "honor" to meet with the Russian strongman. But the most disheartening takeaway is that, like predecessors Barack Obama and John Kerry, President Trump and his secretary of state fundamentally do not understand the man they're dealing with. Reuters The Fed is trying to remove the punch bowl Easier said than done. Sierra Club v. EPA, 1:17-cv-01906 ED_001523_00002615-00001 BiiiSilliiS Last week's Federal Open Market Committee minutes leave little doubt the Fed is planning to start trying to unwind its massively bloated balance sheet soon. But it's doubtful the Fed will get far in these efforts, given the size of the market bubbles the Fed created when it expanded its balance sheet in the first place. The moral of the story is that the Fed should think twice before resorting again to highly unorthodox monetary policies as it has during the past eight years. More from AEI The decline in US entrepreneurship, explained James Pethokoukis | AEldeas Delta doesn't like competition from subsidized Gulf carriers, but US consumers should be thankful for the foreign aid Mark J. Perry | AEldeas 60-second take: An unlikely bond grows between India and Israel Sadanand Dhume | AEI video Why is Canada giving $8.1 million and an apology to a terrorist with American blood on his hands? Marc A. Thiessen | AEldeas Watch live this morning: Sen. Mike Lee (R-UT) on why federalism is the key to restoring faith in our government Ryan Streeter | AEI event today at 8:30 AM ET Around the web: How to be a humane libertarian Matt Winesett | AEldeas Sierra Club v. EPA, 1:17-cv-01906 ED_001523_00002615-00002 AEI cares about your inbox. Want to tailor your AEI subscriptions? Click here and get content that matters to you View^onIjne | Bl?we| Subscribe American Enterprise Institute 1789 Massachusetts Avenue, NW, Washington, DC 20036 P: 202.862.5800 I F: 202.862.7177 I www.aei.org This message is for: ia^ksojjjja^^^^ | Mana>ejreto | Ujjsubscribe Sierra Club v. EPA, 1:17-cv-01906 ED_001523_00002615-00003