Trump Flips On Four Campaign Positions In One Day: NATO, Janet Yellen, Chinese Currency, The EXIM Bank


Trump said NATO is “no longer obsolete” during a Wednesday press conference with NATO Secretary-General Jens Stoltenberg, backtracking on his past criticism of the alliance. During the campaign, he frequently called the organization “obsolete,” saying did little to crack down on terrorism and that its other members don’t pay their “fair share.”

On China:

Trump told the Wall Street Journal on Wednesday that China is not artificially deflating the value of its currency, a big change after he repeatedly pledged during his campaign to label the country a currency manipulator. “They’re not currency manipulators,” the president said.

On Janet Yellen:

Trump also told the Journal he’d consider re-nominating Yellen to chair the Fed’s board of governors, after attacking her during his campaign. “I like her. I respect her,” Trump said, “It’s very early.” Trump called Yellen “obviously political” in September, and accused of her of keeping interest rates low to boost the stock market and make Obama look good.

On the Export-Import Bank:

Trump also threw his support behind the Export-Import Bank, which subsidizes U.S. exports, after opposing it during the campaign. “It turns out that, first of all, lots of small companies are really helped, the vendor companies,” Trump told the Journal.

Read more at The Hill.