Trump turns on key ally, Jeff Sessions

The Russia investigation saga has taken another bizarre twist with US president Donald Trump taking on Jeff Sessions, his oldest political ally.

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Jeff Sessions: unwarranted public humiliation
(Image credit: 2017 Getty Images)

The Russia investigation saga has taken another bizarre twist with US president Donald Trump escalating "an extraordinary series of attacks on Jeff Sessions, his oldest political ally", says Rhys Blakely in The Times. The president's anger centres on the attorney-general's decision "to step away from overseeing investigations into whether the Trump campaign colluded with the Kremlin" ahead of the US election. Experts agree that Sessions "had little choice", but Trump nevertheless "has reportedly speculated out loud to allies about the potential consequences of sacking Sessions".

The irony is that "Sessions has been a loyal proponent of the president's America First' agenda on immigration and crime", says David Lynch in the Financial Times. "He has ordered all 94 US attorneys to prioritise criminal prosecutions for immigration violations and championed tougher sentences for violent criminals." Yet instead of "a presidential thank you', Trump has chosen a public humiliation". This has "stirred concerns among Republicans, including Sessions' former Senate colleagues, and raised questions about the president's ability to attract professionals for hundreds of vacant government jobs".

Trump is "obsessed with obstructing" any serious investigation of this case, says Albert Hunt on Bloomberg. His latest actions are really part of a plan "to rein in" Robert Mueller the special prosecutor in charge of the Russia probe or even fire him, although the latter "would produce a firestorm the likes of which Washington hasn't seen in decades". Trump may be particularly spooked by Mueller's decision to hire a "tough financial-fraud expert" to investigate his "financial links with Russians and whether that gives Moscow any leverage over the president".

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Trump should make a virtue of necessity and embrace "radical transparency", argues The Wall Street Journal reveal "every meeting with any Russian or any American with Russian business ties. Every phone call or email. And every Trump business relationship with Russians going back years." It'll come out anyway. And any downsides "couldn't be worse than the death by a thousand cuts of selective leaks, often out of context, from political opponents". Americans may even give "Trump credit for trusting their ability to make a fair judgment".

After all, "a major reason he won the 2016 election is because voters couldn't abide Hillary Clinton's legacy of scandal, deception and stonewalling". If he continues down his current path, Republicans will start to distance themselves from him, and "impeachment will be a constant undercurrent if not an active threat".

Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri