Fear: Trump in the White House

by Bob Woodward

decisions, hired the field staff of 6,500 paid workers, appeared on TV regularly and had his own communications operation. He was in an awkward position. Privately, Priebus viewed the month of August as a catastrophe. “A constant heat lamp that wouldn’t go away.” And the person responsible was candidate Trump. Priebus had tried to navigate the campaign from the beginning. When Trump called Mexicans “rapists” in the speech announcing his candidacy on June 16, 2015, Priebus called him

for two reasons. The economy was getting much stronger and higher rates would tamp down inflation. “So if I’m running the Fed, I’m going to raise rates,” he said. Trump knew that presidents liked low rates to help the economy. He said, “Well, I’m not going to choose you to run the Fed ever.” “That’s fine,” Cohn said. “It’s the worst job in America.” Turning to taxes, Cohn said, “The 35 percent corporate tax rate has been great for my business for the last decade. We’ve been inverting