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=?utf-8?Q?Axios_AM:_Mike=E2=80=99s_Top_10_=E2=80=93_Trump_skipping_Alfal?=
=?utf-8?Q?fa=2C_Dow_30=2C000=3F=2C_Snap_IPO_next_week?=
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Presented by BP:
<p>Trump staying in tonight * What got done in Week 1 * How many years to D=w 30,000?</p>
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<span class="main-header" style="font-size: 42px; font-family: 'gordita=old', Arial, Helvetica, sans-serif; color: #008dc8; letter-spacing: -1px; =ine-height: 1;">Axios AM</span>
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<span class="bodytext" style="font-size: 13px; color: #4a4a4a; font-fa=ily: 'gorditamedium', Arial, Helvetica, sans-serif; ">By Mike Allen = <span style="margin: 0 6px;">·</span>Jan 28, 2017</sp=n>
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<p class="">Good Saturday morning, and happy Lunar New Year. It's the Yea= of the Rooster.</p>
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1 big thing: Trump snubs Alfalfa
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<p><strong>The annual black-tie dinner of the Alfalfa Club </strong>is the =oard meeting of America's establishment: The 750 guests tonight include Wa=ren Buffett, Tim Cook, Jamie Dimon, Bill Gates, Bob Gates, Vernon Jordan, =harlie Rose, Jeb Bush, James Baker and plenty more moguls and grandees. Th= head table, stretching across a giant ballroom, includes the Cabinet, the=congressional leadership and the cream of the diplomatic corps.<br></p><p>=strong>President Trump's name is in the program, </strong>seated between M=chael Bloomberg and Chief Justice Roberts.</p><p><strong>But in a shot at =he swamp, </strong>Trump isn't coming. The White House says he'll be worki=g, and never committed to going. Vice President Pence is still expected an= some West Wing officials, including Kellyanne Conway, plan to attend. Chi=f strategist Steve Bannon was going, but now will be with the president in=some briefings.</p><p><strong>Others from the Trump inner circle</strong> =ho are expected: Jared Kushner, Reince Priebus, Gary Cohn, Hope Hicks, dep=ty chief of staff Katie Walsh, CIA Director Mike Pompeo, incoming SecState=Rex Tillerson, incoming SecDef James Mattis and incoming Commerce Secretar= Wilbur Ross. Dina Powell, Trump's senior counselor for economic initiativ=s, is a "sprout" \u2013 an inductee to Alfalfa.</p><p><strong>The eveni=g includes funny speeches,</strong> with plenty of barbs aimed at the presnt. During the debate over whether Trump should go, some aides worried t=at a zinger might rankle the boss. Now they won't have to fret about the p=ercing comedy stylings of Mayor Bloomberg and Erskine Bowles.</p>
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\u200b2. Extreme vetting brings \u2026
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<p><strong>\u2026 extreme chaos.</strong> Last night's executive order s=spending refugee entry took immediate effect, with some losing admissibili=y in middair. Migrants are being detained at U.S. airports and blocked fro= boarding planes. </p><p><strong>Legal challenges</strong> are being filed=to Trump's order this morning by lawyers at ports of entry, seeking to hav= clients released. The <a href="http://link.axios.com/click/8724758.2922=/aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAxNy8wMS8yOC91cy9yZWZ1Z2Vlcy1kZXRhaW5lZ=1hdC11cy1haXJwb3J0cy1wcm9tcHRpbmctbGVnYWwtY2hhbGxlbmdlcy10by10cnVtcHMtaW1t=WdyYXRpb24tb3JkZXIuaHRtbD91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc2Ft/5871993924c17c54d77a8b8cB60cfa" target="_blank">N.Y. Times says</a> the order "created a legal limb= for individuals on the way to the United States and panic for families wh= were awaiting their arrival."</p><ul><li><strong>What the order does</str=ng>, per AFP: "Trump's order suspends entry of all refugees to the United =tates for 120 days and indefinitely halts the admission of refugees from S=ria. It also bans entry into the United States from travelers from seven pominantly Muslim countries -- Iraq, Syria, Iran, Sudan, Libya, Somalia a=d Yemen -- for 90 days.</li><li><strong>What it means,</strong> via <a hre="http://link.axios.com/click/8724758.29225/aHR0cHM6Ly93d3cudGhlZ3VhcmRp=W4uY29tL3VzLW5ld3MvMjAxNy9qYW4vMjcvdHJ1bXAtaW1taWdyYXRpb24tcGxhbi1yZWZ1Z2V=cy12ZXR0aW5nLXJlYWN0aW9uP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYW=sJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/5871993924c17c54d77a8b8cBa2b6<c" target="_blank">The Guardian</a>: "It will amount to a de facto ban=on Muslims traveling to the US from parts of the Middle East and north Afr by prioritising refugee claims 'on the basis of religious-based persecu=ion.'" </li><li><span></span><strong>Religious test:</strong> Trump told t=e Christian Broadcasting Network's<a href="http://link.axios.com/click/8$758.29225/aHR0cDovL3d3dzEuY2JuLmNvbS90aGVicm9keWZpbGUvYXJjaGl2ZS8yMDE3Lz=xLzI3L2Jyb2R5LWZpbGUtZXhjbHVzaXZlLXByZXNpZGVudC10cnVtcC1zYXlzLXBlcnNlY3V0Z=QtY2hyaXN0aWFucy13aWxsLWJlLWdpdmVuLXByaW9yaXR5LWFzLXJlZnVnZWVzP3V0bV9zb3Vy=2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F=aW9zYW0/5871993924c17c54d77a8b8cB38754931" target="_blank"> David Brody<=a> that persecuted Christians will be given priority: "If you were a Musli= you could come in, but if you were a Christian, it was almost impossible I thought it was very, very unfair. So we are going to help them.= </li><li><span></span><strong>The reaction</strong> of Sen. Chuck Schumer= "Tears are running down the cheeks of the Statue of Liberty tonight."</li=</ul>
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<span class="bodytext hed" style="font-size: 27px; font-family: 'gordit=medium', Arial, Helvetica, sans-serif; color: #4a4a4a; letter-spacing: -0.=px; line-height: 1.5;">
\u200b3. Truth on tape
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<p>At the GOP congressional retreat in Philadelphia, the WashPost <a href="http://link.axios.com/click/8724758.29225/aHR0cHM6Ly93d3cud2FzaGluZ3Rvb=Bvc3QuY29tL3BvbGl0aWNzL2JlaGluZC1jbG9zZWQtZG9vcnMtcmVwdWJsaWNhbi1sYXdtYWtl=nMtZnJldC1hYm91dC1ob3ctdG8tcmVwZWFsLW9iYW1hY2FyZS8yMDE3LzAxLzI3L2RlYWJkYWZ=LWU0OTEtMTFlNi1hNTQ3LTVmYjk0MTFkMzMyY19zdG9yeS5odG1sP3V0bV9zb3VyY2U9bmV3c2=ldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/5q993924c17c54d77a8b8cB895e853f" target="_blank">was leaked</a> (from an=anonymous e-dress) a remarkable recording of a session in which House memb=rs and senators express profound doubts about how to get rid of Obamacare,=partly because of lack of guidance from Trump: "The thorny issues with whi=h lawmakers grapple on the tape \u2014 including who may end up either =osing coverage or paying more under a revamped system \u2014 highlight =he financial and political challenges that flow from upending the current =aw."</p><ul><li><strong>Our take:</strong> This is not a new story, on the=substance, to anyone who talks to Republican off the record. This anguish =as been a hallmark of their tortured views for years: While they loathe Ob=macare, they fear taking \u2014 or to be portrayed as taking \u2014 =nsurance away from the poor or sick. Plus, a replacement is something that=sounds awesome in theory but is bedeviling in practice. But the leak tape =s juicy.</li></ul>
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<p class="bodytext" style="-webkit-text-size-adjust: 100%; margin-botto=: 0 !important; font-size: 11px !important; letter-spacing: 1.4px; font-fa=ily: 'gordita', Arial, Helvetica, sans-serif; color: #008dc8; text-transfo=m: uppercase; font-weight:700;">A Message From BP</p>
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<span class="bodytext hed" style="font-size: 27px; font-family: 'gordit=medium', Arial, Helvetica, sans-serif; color: #4a4a4a; letter-spacing: -0.=px; line-height: 1.5;">How is BP contributing to America?</span>
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<p>BP invests more in the U.S. than anywhere else, and over the past 10 yea=s no energy company has invested more in America.</p>
<p>Learn more at <strong><a href='http://link.axios.com/click/8724758.292=5/aHR0cDovL29uLmJwLmNvbS9VU2ltcGFjdD91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21l=Gl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc2Ft/5871993924c17c54d7b8cBa4145a41' target='_blank'>on.bp.com/USimpact</a></strong></p>
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\u200b4. The Trump Show
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<p>A day after Steve Bannon called the press "the opposition party," Trump =epeated the phrase in an interview with CBN's <a href="http://link.axios=com/click/8724758.29225/aHR0cDovL3d3dzEuY2JuLmNvbS90aGVicm9keWZpbGUvYXJjaG=2ZS8yMDE3LzAxLzI3L2Jyb2R5LWZpbGUtZXhjbHVzaXZlLXByZXNpZGVudC10cnVtcC1jYWxsc=1tYWluc3RyZWFtLW1lZGlhLXRoZS1sZHF1by1vcHBvc2l0aW9uLXBhcnR5LXJkcXVvP3V0bV9z=3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGV=X2F4aW9zYW0/5871993924c17c54d77a8b8cB0f0ce4ad" target="_blank">David Bro=y</a>: "I'm not talking about everybody, but a big portion of the media the dishonesty, total deceit and deception. It makes them certain=y partially the opposition party, absolutely. I think they're much more cale than the opposition party. The opposition party is losing badly. Now =he media is on the opposition party's side." <br></p><p><strong>Week 1 -- =hat got done:</strong> Axios' Stef Kight has <a href="http://link.axios.=om/click/8724758.29225/aHR0cHM6Ly93d3cuYXhpb3MuY29tL3RydW1wcy1kZWJ1dC13aGF=LWdvdC1kb25lLTIyMTk5OTcyOTEuaHRtbD91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc2Ft/5871993924c17c54d77acB2984e91f" target="_blank">a dizzying list</a> of everything Trump di=. </p><p><strong>"Washington \u2026 is flummoxed"</strong> \u2013 Th= Wall Street Journal headlines its <a href="http://link.axios.com/click/r4758.29225/aHR0cDovL3d3dy53c2ouY29tL2FydGljbGVzL3RydW1wcy1maXJzdC13ZWVrL=dvdmVybmluZy13aXRob3V0LWEtc2NyaXB0LTE0ODU1NDQ5MjQ_dXRtX3NvdXJjZT1uZXdzbGV0=GVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3NhbQ/5871924c17c54d77a8b8cB7e42f37e" target="_blank">front-pager </a>"TRUMP'S W=EK ONE: OFF SCRIPT": "Trump's first week as president suggests he is plann=ng to run his administration much like he ran his company and his electionmpaign: eager to weigh in on every issue\u2014both matters of state a=d matters of perceived slight\u2014and willing to make impulsive calls =n a way that is at odds with a city that usually tries to run on a script.=During one meeting with the congressional leadership, he mused about getti=g rid of the Electoral College." <u></u></p>
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<span class="bodytext hed" style="font-size: 27px; font-family: 'gordit=medium', Arial, Helvetica, sans-serif; color: #4a4a4a; letter-spacing: -0.=px; line-height: 1.5;">
\u200b5. Wall could help Trump rally
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<p>A business-front-piece in <a href="http://link.axios.com/click/8724758)225/aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAxNy8wMS8yOC9idXNpbmVzcy9tZXhpY28t=m9yZGVyLXdhbGwtdHJ1bXAuaHRtbD91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1=bWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc2Ft/5871993924c17c54d77a8b8cBoe6a53" target="_blank">tomorrow's N.Y. Times</a> says companies are sa=ivating about Trump's wall plans: "Among the possible winners are construc=ion firms, high-tech surveillance companies and cement manufacturers inclu=ing, in what would be an ironic turn, one of Mexico's largest materials co=panies."</p><ul><li><strong>The betting:</strong> "The stocks of several c=nstruction companies and cement and concrete manufacturers jumped after th= latest talk from Mr. Trump, as investors bet \u2026 also [on a payday]=from proposals floated for about $1 trillion in infrastructure projects.</=i></ul>
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6. Tracking power
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<p>Chris Lehane -- veteran of the Clinton White House and Gore campaign, no= head of policy for Airbnb -- gets a <a href="http://link.axios.com/clic=/8724758.29225/aHR0cHM6Ly93d3cud2FzaGluZ3RvbnBvc3QuY29tL2J1c2luZXNzL2Vjb25=bXkvaG93LWEtZm9ybWVyLWNsaW50b24tYWlkZS1pcy1yZXdyaXRpbmctc2lsaWNvbi12YWxsZX=zLXBvbGl0aWNhbC1wbGF5Ym9vay8yMDE3LzAxLzI0LzIxMWM0ZDEwLWQ2OTctMTFlNi05ZjlmL=VjZGI0YjdmOGRkN19zdG9yeS5odG1sP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVt=WVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/5871993924c17c54d77a8b885983fa" target="_blank">front-page profile</a> from WashPost's Elizab=th Dwoskin in San Francisco: "As the $30 billion company prepares to go pu=lic, Lehane, 49, is the architect of the effort to turn the Airbnb brand 'vacation rentals for hip millennials' \u2014 into a popular m=vement."<br></p><ul><li><strong>The style:</strong> "Lehane rarely wears t=e tailored Italian suits that he was known for during his days as a Washin=ton operative. Now he favors the Silicon Valley uniform of jeans and Patag=nia vests. He no longer plants political attacks in the news media Instead, he opts for TV spots that feature happy middle-class families =romoting Airbnb."</li><li><strong>The strategy: </strong>"In New York, he =s funding a super PAC to support pro-Airbnb candidates. During his first f=w weeks on the job, in August 2015, he even reached out to former Army gen=rals to ask for advice on how to wage war on a new scale."Chris Lehane veteran of the Clinton White House and Gore campaign, and now head o= policy for Airbnb \u2013 gets a front-page profile from WashPost's Elieth Dwoskin in San Francisco: "As the $30 billion company prepares to go=public, Lehane, 49, is the architect of the effort to turn the Airbnb bran= \u2014 'vacation rentals for hip millennials' \u2014 into a popular=movement."</li></ul>
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\u200b7. Trending in business
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<p><strong>The cover of Barron's</strong> is "<a href="http://link.axios.=om/click/8724758.29225/aHR0cDovL3d3dy5iYXJyb25zLmNvbS9hcnRpY2xlcy9uZXh0LXNAtZG93LTMwLTAwMC0xNDg1NTgyMjQyP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaX=tPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/5871993924c17c54d77a8B3146f203" target="_blank">Next Stop: Dow 30,000</a>," per Gene Epstei= and Jack Hough: "History suggests that this aging bull market can live on= \u2026 In fact, if \u2026 Trump can avoid stumbling into a trade wa=\u2014or a real war\u2014there's no reason the Dow Jones Industrial =verage can't exceed 30,000 by the year 2025."<br></p><ul><li>The bullish c=se: "If Trump can succeed in reducing regulation and lowering corporate ta=es, stocks should surge further this year. An additional 5% or even 10% ga=n in 2017 wouldn't be surprising."</li><li>The bearish case: "Border-adjus taxes that reward exporters and pinch importers could backfire, as well= raising prices and damping growth. And a rising dollar could cut into U.S= earnings growth." </li></ul><p><strong>At the Big 3 </strong><strong>auto=akers' meeting</strong> with Trump on Tuesday, Ford CEO Mark Fields told t=e president that 1 million U.S. jobs are at risk if fuel-economy rules are='t more flexible. (<a href="http://link.axios.com/click/8724758.29225/aH HM6Ly93d3cuYmxvb21iZXJnLmNvbS9uZXdzL2FydGljbGVzLzIwMTctMDEtMjcvZm9yZC1jZ=8tdG9sZC10cnVtcC11LXMtZnVlbC1lY29ub215LXJ1bGVzLXJpc2stMS1taWxsaW9uLWpvYnMt=XlnZzl3amE_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXB=aWduPW5ld3NsZXR0ZXJfYXhpb3NhbQ/5871993924c17c54d77a8b8cB7d86f0ff" target="_blank">Bloomberg's Jamie Butters</a>) </p>
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\u200b8. Tops in tech
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<p><strong>Recode's Kara Swisher</strong> <a href="http://link.axios.com/=lick/8724758.29225/aHR0cDovL3d3dy5yZWNvZGUubmV0LzIwMTcvMS8yNy8xNDQyMTcyNi9=bmFwLXB1YmxpY2x5LWZpbGUtaXBvLW5leHQtd2Vlaz91dG1fc291cmNlPW5ld3NsZXR0ZXImdX=tX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc2Ft/5871993924c14d77a8b8cB163d0ea1" target="_blank">scoops: </a>"Snap plans to publicl= file for its much-anticipated IPO late next week."<br></p><p><strong>Goog=e's Sundar Pichai </strong>(in an email to employees) and Facebook's Mark =uckerberg (guess where) spoke out against Trump's executive order banning =eople from seven Muslim-majority countries from entering the U.S.</p><ul><=i>Why Silicon Valley cares, per<a href="http://link.axios.com/click/8724X.29225/aHR0cHM6Ly93d3cuYXhpb3MuY29tL3RlY2gtbGVhZGVycy1yZXNwb25kLXRvLWltb=lncmFudC1iYW4tMjIyMTI4Mjk2OS5odG1sP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVk=XVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/5871993924c17c54d778cB63a7c009" target="_blank"> Axios' Kim Hart:</a> "Silicon Valley com=anies rely on temporary visas for high-skilled foreign workers to fill tho=sands of engineering and technical jobs say they can't fill with domestic =alent." </li></ul><p><strong>TechCrunch broke the news</strong> that Recod= senior editor <a href="http://link.axios.com/click/8724758.29225/aHR0cH=6Ly90ZWNoY3J1bmNoLmNvbS8yMDE3LzAxLzI3L2luYS1mcmllZC1qb2lucy1wb2xpdGljby1mb=VuZGVycy1heGlvcy1tZWRpYS1hcy1zZW5pb3ItdGVjaC1jb3JyZXNwb25kZW50Lz91dG1fc291=mNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9=eGlvc2Ft/5871993924c17c54d77a8b8cBb879ee23" target="_blank">Ina Fried is=joining Axios </a>as chief tech correspondent, based in San Francisco. Ina=said: "If someone's done a great job explaining something, one of the thin=s that Axios does is highlight that and distill it \u2026 I'm a scoop r=porter, I want to break stories for sure, and I also want to point people =o the best things I'm seeing and reading and add a counterpoint occasional=y." </p>
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\u200b9. Paths to greatness
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<p>We're fascinated by all the little quirks and rituals that have helped m=ke Tom Brady the favored Super Bowl quarterback, six months before he turn= 40. <a href="http://link.axios.com/click/8724758.29225/aHR0cHM6Ly93d3cu/zaGluZ3RvbnBvc3QuY29tL3Nwb3J0cy9yZWRza2lucy90b20tYnJhZHktYW5kLWJpbGwtYmV=aWNoaWNrcy1zZWNyZXQtaXRzLW5vdC1wZXJzb25hbC1pdHMtanVzdC1idXNpbmVzcy8yMDE3Lz=xLzI2L2E2YThkNWIyLWUzZWQtMTFlNi1hNDUzLTE5ZWM0YjNkMDliYV9zdG9yeS5odG1sP3V0b=9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0=GVyX2F4aW9zYW0/5871993924c17c54d77a8b8cB9644e8cd" target="_blank">Here's=a new one: </a>"Last February, Brady had a digital clock installed in his =orkout room at home that ticks down the days, hours, minutes and seconds t= the 2017 Super Bowl, so that he would know 'that he had exactly 11,325 mi=utes and 14 seconds to go, Brady's father Tom Sr. said." </p>
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<p>The price of tickets for Super Bowl 51 (in Houston a week from tomorrow)=are <a href="http://link.axios.com/click/8724758.29225/aHR0cDovL3d3dy5wc=8zMi5hcC5vcmcvYXJ0aWNsZS9zdXBlci1ib3dsLXRpY2tldC1wcmljZXMtZG93bi1hbmQtY291=GQtZHJvcC1ldmVuLW1vcmU_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWw=dXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3NhbQ/5871993924c17c54d77a8b8cB20da48=4" target="_blank">down 9% </a>from last year, per Stubhub, partly becau=e of a selloff after the Dallas Cowboys were eliminated: "The average pric= for a ticket at StubHub on Friday was $4,945 with the cheapest ticket goi=g for $2,499 and the most expensive one sold to date going for a whopping ,432. \u2026 Fans in Texas have bought 38 percent of the tickets []Fans from Georgia (14 percent) and Massachusetts (13 percent) are ond and third."<br></p><p><strong>HAPPY WEEKEND, </strong>and thank you =or reading. Just reply to this email to send me your thoughts and suggesti=ns, links from your favorite reading and listening, and your news tips.</p</td>
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