Stephen K. Bannon has won

This is the victory not only of a Trump personality cult, as it has been described, but also of an ideology, one closer to Putinism than Reaganism.

.. Back then, you may recall, some of the “crazies” — such as national security adviser Michael Flynn — had left the White House, and supposed pragmatists had taken charge: H.R. McMaster for national security, Gary Cohn for economics, Jared and Ivanka for — well, for general reasonableness.

.. There was talk of working with Democrats on infrastructure. Trump wanted to help the “dreamers,” those blameless young immigrants brought to this country as children. It seemed that existing international agreements — NATO, the North American Free Trade Agreement, the Paris climate accord — might be preserved, with some face-saving adjustments. Trump was still the politician who had spoken tolerantly on LGBT issues.

..  The White House defines itself and prepares to motivate its voters by the “enemies” it constantly creates, refines and rediscovers, including African American athletes, the press (“Our Country’s biggest enemy,” in a recent Trump tweet), Canadian Prime Minister Justin Trudeau (“very dishonest & weak”), and special counsel Robert S. Mueller III (directing a “Witch Hunt, led by 13 very Angry and Conflicted Democrats”). Also: Sen. Jeff Flake (R-Ariz.), German Chancellor Angela Merkel, Democratic leaders in the Senate and House, former FBI director James B. Comey, his own attorney general, his deputy attorney general . . . The list will never end.

.. But Bannonism is not just a snarling attitude. It encompasses a contempt for democracy and a respect for authoritarianism. When Trump refused to sign a statement of solidarity with the world’s other six leading industrial democracies and then proceeded to slather praise on North Korea’s dictator (“a tough guy . . . a very smart guy”), this was not just a sign of personal pique or favoritism: The U.S. president raised questions in the minds of other leaders about whether the concept of the West itself can survive his presidency.

.. It encompasses an “America First,” for-me-to-win-you-have-to-lose philosophy

.. It encompasses a contempt for immigrants, for outsiders of any kind. Certainly it is possible to support lower levels of immigration without being a racist. But to countenance the deliberate policy of tearing away small children from their parents that we are seeing today on the U.S.- ­Mexico border is consistent only with a worldview that deems Mexicans and Salvadorans somehow less human, less worthy, than white Americans.

..it’s no coincidence that Trump, who boasted about being the first Republican to say LGBTQ in his convention acceptance speech in 2016, has, as The Post’s James Hohmann noted last week, tried to ban transgender people from the military, removed protections for transgender inmates, employees and students, failed to acknowledge Pride Month and disbanded the Presidential Advisory Council on HIV/AIDS. As in Vladimir Putin’s Russia, this revival of bigotry dovetails with an effort to woo the conservative Christian establishment.

.. Finally, Bannonism encompasses contempt for the government itself.

.. his constant disparagement of the Justice Department and the FBI; his at times insultingly unsuitable appointments (such as his personal physician to head the mammoth Department of Veterans Affairs); and his generally cavalier attitude toward staffing. Even today, 17 months into his first term, fewer than half of the 667 key positions tracked by The Post in collaboration with the Partnership for Public Service are filled, and for almost 200 there are no nominees.

.. How has Bannonism prevailed without Bannon? In part, with the help of true believers who remain in the White House, including Stephen Miller (on immigration) and Peter Navarro (on trade).

.. But another answer came from Trump himself, who said after Bannon’s firing: “Steve Bannon has nothing to do with me or my presidency. . . . Steve was a staffer.”

Even discounting for Trump’s normal petulance and self-aggrandizement, there may have been an element of truth in what he said. The anti-democratic, protectionist, anti-immigrant, pro-authoritarian administration that has now taken shape, in other words, is not only Bannonism. It is raw and unvarnished Trumpism, too.

Stephen Bannon Buys Into Bitcoin

“It almost seems like a natural progression for a man who gained prominence by shoveling out unfounded conspiracies to now shilling complex technology and financial instruments to an unsophisticated investing public,”

.. Bitcoin has been popular with the alt-right and nationalist communities because it has provided them with a way to receive online donations and evade restrictions put on them by banks and payment companies. PayPal and Apple Pay, for example, shut down the accounts of some right-wing groups last year.

.. Cryptocurrencies are also gaining mainstream interest. Goldman Sachs, where Mr. Bannon worked in the 1980s, recently said it was creating a Bitcoin trading operation. The parent company of the New York Stock Exchange has been looking at building an exchange for digital tokens. And Facebook has put top executives on a project exploring use of the technology.

.. Mr. Bannon is particularly interested in the possibility that countries could create coins tied to national wealth — an Italian coin tied to marble deposits in the country, for instance.

.. The company, Internet Gaming Entertainment, or IGE, brought on Mr. Bannon as vice chairman in 2005 to help Mr. Pierce expand the business and deal with legal threats.

.. Mr. Bannon credits the company with introducing him to the ranks of disaffected young men who gathered online around video games, and who became pillars of the alt-right movement.

 

How Mnuchin Keeps a Steady Grip in a Tug of War on Trade

Two weeks ago, Steven Mnuchin, the Treasury secretary, declared that the trade war with China was “on hold” and that the United States would temporarily holster its tariffs. The reassuring comments calmed markets and raised hopes that Mr. Mnuchin, one of President Trump’s most enduring and trusted advisers, was winning the internal trade battle that has gripped the White House.

Then Mr. Trump weighed in. In a one-two punch last week, the president doubled down on the trade war with China and threw in ones with Canada, Mexico and Europe for good measure.

.. The scolding laid bare the uncomfortably familiar spot that Mr. Mnuchin finds himself in: trying to be a voice of moderation and a statesman in an administration that sees diplomatic norms and protocols as signs of weakness.

He has so far managed to stay in Mr. Trump’s good graces while advocating a more free-trade approach, but that balancing act is showing signs of strain.

.. Mr. Mnuchin, unflappable in public, is privately making his case with a president

.. The internal tensions boiled over in May during a trade mission Mr. Mnuchin led to China, when he dressed down Peter Navarro, Mr. Trump’s hawkish trade adviser, by reminding him where he stood in the administration’s pecking order after Mr. Navarro confronted him about being sidelined from the talks.

.. Current and former White House and Treasury officials say Mr. Mnuchin has managed to thrive by employing a mix of assertiveness and obsequiousness, staking out his position to the president but quickly changing course to carry out Mr. Trump’s marching orders, even if his message did not win the day.

.. Mr. Trump tweeted that he was going to find a way to help put back in business a Chinese telecommunications company that had been punished for violating American sanctions on Iran and North Korea. The decision blindsided administration officials and lawmakers

.. Mr. Mnuchin, along with the commerce secretary, Wilbur Ross, was dispatched to Capitol Hill to try to calm angry Republican lawmakers and explain the rationale behind allowing the company, ZTE, to remain in business.

.. those close to the secretary say he has learned to appreciate Mr. Trump’s use of the threat of tariffs as a negotiating tool.

.. focused on the president’s desire to see the bilateral trade deficit reduced, rather than emphasizing some of the other trade barriers

.. Stephen K. Bannon, Mr. Trump’s former top strategist, has said that Mr. Mnuchin is in over his head in the negotiations and that he is letting Mr. Trump’s leverage slip away by failing to force China to make major changes to its industrial policy.

.. it was apparent that the Chinese government was trying to elevate Mr. Mnuchin’s role in the negotiations because they see him as the American official most likely to cut a deal.

.. “Among the possible choices, they see Mnuchin as being less hawkish than some of the other counterparts,”

.. populist voices outside the administration have already been heckling Mr. Mnuchin as inept amid reports that the United States was on the verge of making an agreement with China that was viewed as merely symbolic.

.. Mr. Mnuchin has at times found himself the subject of derision, characterized as a fawning banker who cannot tell the president “no.”

.. Last year, the Treasury secretary was scoffed at by economic policymakers from across the political spectrum for insisting that the $1.5 trillion Trump tax cuts would pay for themselves.

.. Mr. Mnuchin told members of the conservative House Freedom Caucus to “vote for the debt ceiling for me.” His plea was met with groans and hisses.

.. Last August, fellow alumni of Yale, where Mr. Mnuchin earned a bachelor’s degree, called on the secretary to resign when he defended Mr. Trump’s handling of racially inspired violence in Charlottesville, Va. A month later, Lawrence Summers, a Clinton administration Treasury secretary, called Mr. Mnuchin the “greatest sycophant in cabinet history” for supporting Mr. Trump’s criticism of football players who knelt during the national anthem.

.. points to his role in successfully steering the Republican tax cut package, which many said would never pass, through Congress.

.. Within the Treasury Department, Mr. Mnuchin has developed a reputation as a micromanager. He resisted choosing a full-time deputy for more than a year, preferring to oversee everything from carrying out the new tax law to overseeing financial sanctions.

.. When the Internal Revenue Service systems failed on Tax Day, the response to the crash was slowed because Mr. Mnuchin was in New Hampshire

.. He had required that any big decisions be cleared by him

.. Mr. Mnuchin’s closest aides describe him as a collegial and mentoring figure.

.. Despite his earnest persona on television, he is known to possess a wry sense of humor

 

Steve Bannon’s clever idea to save the GOP from brutal midterms

Bannon was in Rome to learn from and provide support to the unusual coalition of populists and nationalists who together won half the vote in Italy’s recent elections and have formed a government. Bannon sees that sort of coalition — mixing left and right, old and young — as his goal for the United States. “Europe is about a year ahead of the United States. . . . You see populist-nationalist movements with reform [here]. . . . You could begin to see the elements of Bernie Sanders coupled with the Trump movement that really becomes a dominant political force in American politics.”

.. The Republican Party’s strategy, for now, appears to be to make the midterm elections a series of local contests focusing on the tax cut and the healthy economy. Bannon views this as fundamentally misguided. “You have to nationalize the election,” he said. Bannon understands that voters are moved from the gut more than through a wonky analysis of taxes. “This is going to be an emotional [election] — you’re either with [House Minority Leader] Nancy Pelosi or you’re with Donald Trump.

.. Bannon is most focused on the issue of immigration because it hits both the heart and the head. “Immigration is about not just sovereignty, it’s about jobs.”

.. He believes that the Trump coalition can attract up to a third of Sanders supporters who see trade and immigration as having created unfair competition for jobs, particularly for working-class blacks and Hispanics.

.. “You’re not going to be able to take the Hispanic and black community from the STEM system in grammar school to our best engineering schools . . . to the great jobs in Silicon Valley, unless you start to limit these H-1B visas and this unfair competition . . . from East Asia and South Asia.”

.. Now this strikes me as entirely wrong. The reason that not enough Hispanic and black students end up in Silicon Valley has much more to do with a broken education system, particularly for poorer kids, than the modest number of skilled Asian immigrants who get work visas.
.. The most likely result of limiting these visas is that talented immigrants will simply go elsewhere — Canada, Britain, Australia — and start successful companies there.
.. The Democratic Party is too far to the left on many of these issues, embracing concepts such as sanctuary cities, which only reinforces its image as a party that is more concerned with race, identity and multiculturalism than the rule of law.

.. I wrote last month that Trump would try to fight the midterm elections on immigration and added, “Do not be surprised if Trump also picks a few fights with black athletes.”

.. He predicted the next major battle would be over the proposed wall along the U.S.-Mexico border. “The wall is not just totemic. The wall is absolutely central to his program. . . . As we come up on Sept. 30, if [Congress’s] appropriations bill does not include spending to fully build his wall . . . I believe he will shut down the government.”

.. Bannon doesn’t think the fighting and the rancor in the United States are going away any time soon. The “battle between nationalists and globalists is at the fundamental roots of what America is, what America will be,”