By S-3 Public Affairs
Fact of the Week: While many retail stores figure out how best to navigate in an online-shopping world (e.g. J.Crew), Amazon is doing a bit of the opposite. Axios’ Alexi McCammond writes on its new Future of Work stream, “Amazon had $136b in sales last year — 43% of all online shopping. But there’s a lot more money to be made in the offline retail industry. In 2016, e-commerce only made up $1.9 trillion of the $22 trillion in total retail sales, according to eMarketer, so the upside of expanding into the offline market is massive.” Amazon “now has nine stores total — seven bookstores (with plans to open six more) and two grocery stores,” and it is “incorporating data it gathers online into the offline world, with the objective of broadening its already-commanding place in global retail.”
In the Administration: President Trump is shifting his focus to infrastructure, with plans Monday to outline his agenda for air traffic control reform in a White House event. Cincinnati.com reports the president will continue the week with a speech in Ohio on Wednesday. A White House spokeswoman told the outlet: “‘Next week President Trump will launch infrastructure week which is a critical pillar of the president’s agenda to promote job creation and grow the U.S.economy.’ …The president’s visit to southern Ohio will be part of a broader push by the White House to move ahead with Trump’s campaign promise to spend $1 trillion over 10 years on infrastructure investments, according to the White House.”
Rounding out the president’s Infrastructure Week:
Thursday: Governors and mayors will participate in a White House listening session on the efficient use of tax dollars for infrastructure projects.
Friday: President Trump will discuss regulatory changes to roads and railways in an address to the Transportation Department.
On the Hill: Both sides of the Capitol have packed schedules this week, but we expect most focus to be on Thursday’s scheduled testimony from James Comey, as well as FAA reauthorization, the House vote on the CHOICE Act, and continued hearings on the president’s budget. On top of the official business outlined below, conversations continue in the Senate on a path forward on health care.
Tuesday: House Rules Committee meets to consider the Financial CHOICE Act and the Anti-Border Corruption Reauthorization Act; House Majority Leader Kevin McCarthy (R-CA) has announced a full House vote on the CHOICE Act this week; California special congressional election; New Jersey gubernatorial primary election;
Wednesday: Director of National Intelligence Dan Coats, Acting FBI Director Andrew McCabe, National Security Agency Director Mike Rogers and Deputy U.S. Attorney General Rod Rosenstein testify before the Senate Intelligence Committee on Foreign Intelligence Surveillance Act reauthorization; Transportation Secretary Elaine Chao testifies before a Senate Commerce Committee hearing on FAA reauthorization; Homeland Security Secretary John Kelly testifies before a House Homeland Security Committee hearing on Department of Homeland Security reauthorization; Labor Secretary Alexander Acosta testifies before a House Appropriations Subcommittee hearing on the Labor Department budget; House Financial Services Committee hearing on flood insurance reform;
Thursday: Former FBI Director James Comey testifies before the Senate Intelligence Committee, in an open session beginning at 10 am and a closed session beginning at 1 pm; Transportation Secretary Elaine Chao testifies before a House Transportation & Infrastructure Committee hearing on FAA reauthorization; Interior Secretary Ryan Zinke testifies before a House Appropriations Subcommittee on theInterior Department budget; HUD Secretary Ben Carson testifies before a House Appropriations Subcommittee on the Department of Housing and Urban Development budget; Health and Human Services Secretary Tom Price testifies before the Senate Finance Committee and House Ways and Means Committee on the HHS budget;
Friday: Heritage Foundation’s “Principles for Tax Reform: A Conversation with the House Freedom Caucus”, featuring Freedom Caucus Chairman Meadows (R-NC) and Reps. Dave Brat (R-VA), Warren Davidson (R-OH), Jim Jordan (R-OH), and Mark Sanford (R-SC).
In the Media: Megyn Kelly returns to TV tonight with a one-on-one interview with Putin. Among her viewers, Forbes notes, the White House will likely be watching. Meanwhile, Cable News is still thriving in the Trump era. TV Newser shares key takeaways from a recent Pew report: “According to Pew’s analysis of SNL Kagan data, total revenue across Fox News, CNN and MSNBC was projected to increase by +19.5 percent in 2016, to a total of nearly $5 billion. This includes the two main sources of revenue: advertising and subscriber/licensing fees.”