Today’s edition of quick hits.
* Another step backwards: “President Donald Trump’s proposed summit with Russia’s Vladimir Putin in Budapest appears farther off than initially hoped, with talks toward planning such a sit-down now ‘on hold,’ a senior White House official told NBC News.”
* The White House finds another group of farmers to infuriate: “The American cattle ranching industry is blasting President Donald Trump’s proposal to purchase beef from Argentina in an effort to lower supermarket beef prices.”
* Speaking of Argentina, Trump’s bailout policy is off to a difficult start: “A group of banks including JPMorgan Chase, Bank of America and Goldman Sachs is struggling to put together a $20 billion loan to Argentina without leaving themselves too exposed to the financially distressed South American country, people familiar with the matter said.”
* Trump’s “compact” isn’t exactly finding a receptive audience: “Seven of the nine universities that the White House initially approached about a plan to steer more federal money toward schools aligned with President Trump’s priorities have refused to endorse the proposal. On Monday evening, an eighth signaled that it had reservations about it. Only one, the University of Texas, suggested it might be open to signing on quickly.”








