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Today's Playbook Power Briefing presented by Morgan Stanley

By ANNA PALMER (anna@politico.com; @apalmerdc), JAKE SHERMAN (sherman@politico.com; @JakeSherman), DANIEL LIPPMAN (daniel@politico.com; @dlippman) and ZACH MONTELLARO (zmontellaro@politico.com; @ZachMontellaro)


Good Thursday afternoon. TAX REFORM UPDATE -- THE MANAGER'S AMENDMENT to the tax reform bill -- a big package of changes -- is expected this afternoon. Ways and Means is expected to pass the bill shortly after that. And the Senate tax bill -- which will be quite different than the House's -- is expected this afternoon.

-- UPDATE ON THE OTHER SIDE OF THE DOME: "Senate tax bill expected to delay corporate rate cut until 2019," by Ben White and Josh Dawsey: "The Senate tax reform bill expected today will likely include a delay in the implementation of a lower corporate tax rate until 2019, two people familiar with the matter said. The change from the House bill, which would institute a 20 percent corporate rate in 2018, is likely to upset President Donald Trump and the White House, which wants the change to happen as soon as possible." http://go.politicoemail.com/?qs=e3138353e9c87d60d4aed4741632e41348d791d4dacb4287daa8f2aabd12e072c18ef937ad604dc11f8a0f9673021bb9

THE DOW DROPPED more than 200 points on this news.

DELAYING THE CORPORATE CUT would be a huge problem for many House Republicans. As would dropping the state and local tax deduction. Keep an eye on those two provisions.

-- SUNDAY SO FAR: "Fox News Sunday": Ways and Means Chairman Kevin Brady (R-Texas). Panel: Michael Needham, Julie Pace, Gillian Turner and Charles Lane.

AND... ANOTHER ONE BITES THE DUST -- VIRGINIA REP. BOB GOODLATTE announced this morning that he will not seek reelection. We announced that he would retire a few days ago in Playbook. He was term limited as chairman of Judiciary at the end of the Congress. His letter

-- WHAT DOES THIS MEAN -- Republican operatives signaled to us earlier this week that we should expect a number of retirements in the coming days. This week alone, Reps. Ted Poe (Texas), Frank LoBiondo (N.J.) and Goodlatte have all called it quits. None of those exits are surprising. But we are watching closely if other members make the move after Republicans' disappointing election results on Tuesday.

FIRST IN PLAYBOOK -- More than 1,200 former Capitol Hill staffers have signed a letter asking congressional leaders to overhaul the sexual harassment policies on Capitol Hill. The co-signers urge House and Senate leaders to change its policy to require mandatory harassment training, make counseling available and mediation voluntary if individuals file a complaint with the Office of Compliance. It also asks Congress to survey congressional staff every two years to better understand harassment on Capitol Hill and figure out how well the programs are working, according to the letter organized by Travis Moore with Tech Congress.

In asking former aides to sign onto the effort, Moore wrote that "it would be extremely difficult for current staff to advocate for changes themselves, given the political constraints, some of us decided to organize a letter from former staff asking for reform." The letter http://go.politicoemail.com/?qs=e3138353e9c87d609a8c5573398ae1dd7e5a2c198e05a9c703aea46558c19324cd9ee444cd1d7e581157a0a98ffbaf44

SCOOP -- "White House chief of staff tried to pressure acting DHS secretary to expel thousands of Hondurans, officials say," by WaPo's Nick Miroff: "On Monday, as the Department of Homeland Security prepared to extend the residency permits of tens of thousands of Honduran immigrants living in the United States, White House Chief of Staff John F. Kelly called Acting Secretary Elaine Duke to pressure her to expel them, according to current and former administration officials. Duke refused to reverse her decision and was angered by what she felt was a politically driven intrusion by Kelly and Tom Bossert, the White House homeland security adviser, who also called her about the matter,
according to officials with knowledge of Monday's events, who spoke on the condition of anonymity to discuss internal deliberations. ... Duke, who was confirmed by the Senate in April, has informed Kelly she plans to resign, said the officials. Hoffman said there is 'zero factual basis' to the claim that Duke has said she'll step down." http://go.politicoemail.com/?qs=e3138353e9c87d600b8fd551b3e111f209d28c1b0ec52282da2aad13502bb576141cba9302745861adc45e01d900c31b

THE FEUD THAT NEVER ENDS -- STOP ME IF YOU'VE HEARD THIS BEFORE .... "Bannon: Mitch McConnell should resign," by Louis Nelson: "'I'm to the point that I think Mitch McConnell, to really bring unity to the Republican Party and get things done, I think Mitch McConnell ought to tender his resignation,' Bannon, who returned to his job heading the conservative media outlet Breitbart News upon leaving the White House, told Fox News's Sean Hannity on Wednesday. 'What he ought to do is offer to resign as soon as taxes are done. We can't do it in the middle of taxes... Because I've got to tell you, there needs to be a sense of urgency in the Senate.'" http://go.politicoemail.com/?qs=e3138353e9c87d600484b29b61fc686116c3b792b655ca0c1b941100ceb3532b5cdad70fd90923d5b4e3582d79428a66

HMM -- "Trump voter fraud panel sued by its own member," by Josh Gerstein: "President Donald Trump's beleaguered voter-fraud commission was hit with a new federal lawsuit Thursday, but this time from an unusual source: one of the panel's own members. Maine Secretary of State Matt Dunlap, one of four Democrats on the 11-member board, filed a suit claiming that he's being denied access to the commission's records and effectively frozen out of its activities.

"The suit, which is at least the sixth legal case filed against the panel, comes as questions are swirling about the commission's future and whether the Trump administration might simply abandon the effort. A commission meeting in New Hampshire led to a high-profile dispute between the board's vice chairman, Kansas Secretary of State Kris Kobach, and another panelist, New Hampshire Secretary of State Bill Gardner, over allegations of voting by non-residents in the Granite State's first-in-the-nation primary." http://go.politicoemail.com/?qs=e3138353e9c87d60376a2c98911ef77b1ad8c3adaee876ecf7e50d2009367f78877d7d56320bf3298b5b7fc31c9f47a9

ON RUSSIA -- "Russia Twitter trolls deflected Trump bad news," by AP's Ryan Nakashima and Barbara Ortutay: "Disguised Russian agents on Twitter rushed to deflect scandalous news about Donald Trump just before last year's presidential election while straining to refocus criticism on the mainstream media and Hillary Clinton's campaign, according to an Associated Press analysis of since-deleted accounts. Tweets by Russia-backed accounts such as 'America_1st_' and 'BatonRougeVoice' on Oct. 7, 2016, actively pivoted away from news of an audio recording in which Trump made crude comments about groping women, and instead touted damaging emails hacked from Clinton's campaign chairman John Podesta.

"Since early this year, the extent of Russian intrusion to help Trump and hurt Clinton in the election has been the subject of both congressional scrutiny and a criminal investigation by special counsel Robert Mueller. In particular, those investigations are looking into the possibility of collusion between the Trump campaign and the Russians. AP's analysis illuminates the obvious strategy behind the Russian cyber meddling: swiftly react, distort and distract attention from any negative Trump news." http://go.politicoemail.com/?qs=e3138353e9c87d609370bb82e3cc5f6670118bef79b1a8424d6373ae660c41485facbba1ce79e906ee10c34d5b3d8f6f

--"He Solved The DNC Hack. Now He's Telling His Story For The First Time," by BuzzFeed's Jason Leopold: "One late morning in May 2016, the leaders of the [DNC] huddled around a packed conference table and stared at Robert Johnston. The former Marine Corps captain gave his briefing with unemotional military precision, but what he said was so unnerving that a high-level DNC official curled up in a ball on her conference room chair as if watching a horror movie.

"At 30, Johnston was already an accomplished digital detective who had just left the military's elite Cyber Command, where he had helped stanch a Russian hack on the US military's top leadership. Now, working for a private cybersecurity company, he had to brief the DNC - while it was in the middle of a white-knuckle presidential campaign - about what he'd found in the organization's computer networks. Their reaction was 'pure shock,' Johnston recalled. 'It was their worst day.'" http://go.politicoemail.com/?qs=e3138353e9c87d6044dc8ee3d1796bca41799bea0af438d6b58a114ee15f15d40136821db979ad926b3e728f5c56c25a

AFTERNOON READ -- MICHAEL GRUNWALD in POLITICO Magazine, "How Trump Learned to Love the Swamp: A year after the election he's still campaigning as a populist, but he's governing for the big interests he ran against": "One year after Trump's rhetorical war on elites produced a shocking electoral victory, the president still talks and tweets like a populist, promising lower taxes, better health care and terrific infrastructure for hardworking families. But ... a review of his executive orders, personnel picks, budget choices and regulatory actions, as well as the legislation he has backed from the White House, show that he has mostly governed as a corporatist, siding with big businesses,
wealthy individuals, and the Republican establishment on almost every domestic issue.

"His agenda has neatly fit the playbook of the K Street lobbyists and conservative ideologues he attacked and mocked last year on the campaign trail, pushing to slash funding for nursing homes and student loans, gut rules protecting workers from toxic chemicals, and cut taxes for the rich." http://go.politicoemail.com/?qs=e3138353e9c87d608758aa060bf21f9d981288610ff40d6960ba1252c2ad9efdeb6e6f5a74ce5fa49dc119dc56dbd86e

AIR WARS - 45Committee, which is partly backed by Sheldon Adelson and Joe Ricketts, started running TV ads today urging constituents to call Sens. Heidi Heitkamp (D-N.D.), Joe Donnelly (D-Ind.) and Joe Manchin (D-W.Va.) and urge them to support tax reform. The ads are part of an 8-figure campaign, according to a spokesman for the group. One of the spots http://go.politicoemail.com/?qs=e3138353e9c87d60c90ce42c3e05f7d286ace34c914feec44bbd55b5bdd7232d090c5cc4da735f72e78096b4d395aa80

ON THE WORLD STAGE -- "U.K. Minister Resigns Over Unauthorized Meetings With Israeli Officials," by WSJ's Jenny Gross: "The second minister in just over a week resigned from Prime Minister Theresa May's government, as the British leader tried to regain command after a series of blunders by members of her cabinet. Mrs. May summoned Priti Patel, the international development secretary, back to London from an official trip to Uganda after details emerged about unauthorized meetings Ms. Patel had in August and September with Israeli officials, including Prime Minister Benjamin Netanyahu. Mrs. May said in a letter to Ms. Patel that work with Israel should be done 'formally and through official
channels.'

"The development is the latest in a quick succession of challenges for Mrs. May, who has struggled to contain political fires and rein in ministers since losing her party's majority in a June election gamble." http://go.politicoemail.com/?qs=e3138353e9c87d607671b15caa75665867df4adaace166f4bb5579784b5bb0e12535c1d52c56be21830b0dcb0339b6d2

--"Lebanon believes Saudi holds Hariri, demands return," by Reuters' Laila Bassam and Tom Perry in Beirut: "Lebanon believes Saad al-Hariri is held in Saudi Arabia, from where he resigned as prime minister, two top Lebanese government officials said, amid a deepening crisis pushing Lebanon onto the frontlines of a power struggle between Saudi Arabia and Iran. A third source, a senior politician close to Saudi-allied Hariri, said Saudi Arabia had ordered him to resign and put him under house arrest." http://go.politicoemail.com/?qs=e3138353e9c87d60f8536843961a73c2f9ef510be4549cfb07b2d469a0ac226809932480d81bde5c0ad5cda60106f571

--"Saudi Billionaires Look to Move Funds to Escape Asset Freeze," by Bloomberg's Archana Narayanan, Matthew Martin, Zainab Fattah, and Ruth David: http://go.politicoemail.com/?qs=e3138353e9c87d60b67f3d050fd0f9ef24c1a0d089fcf70d14d7cc9421420e89ea818b18c4307892ad45096fd6517c38

RAHM EMANUEL and BRUCE REED in WaPo, "Democrats can keep winning: Just copy (Bill) Clinton": "Fix your party's problems or you'll never fix the country's. ... Show Americans what you're for. ... Leave no vote unturned." http://go.politicoemail.com/?qs=e3138353e9c87d609dabb06f37d788853eb7c66eb9e3a36238e400acb43e193833de85f73c5d840971a52245a8721935

INTERESTING -- "This lawmaker isn't sure that God exists. Now, he's finally decided to tell people," by WaPo's Michelle Boorstein: "On Thursday, [Rep. Jared Huffman (D-Calif.)] will release a statement saying he is a humanist, a loose philosophy based on the idea that humans should work to improve society and live ethically, guided by reason, not necessarily by anything supernatural. While there are some humanist organizations and congregations, generally it describes a worldview, not an affiliation.

"The definition of 'atheism' is simply the absence of belief in any deities. Experts on religious identity in Congress say Huffman seems to be only the second member in contemporary records to describe his ethical system as not being God-based." http://go.politicoemail.com/?qs=e3138353e9c87d607f2aea6f5a489d19101d30d43504857fc4f8b7c95b2f2a0d2e742bb47801c507f7857d886432093a


****** A message from Morgan Stanley: Startup Landit seeks to launch a technology platform that would enable companies to further the success of women in the workplace. Through the Morgan Stanley Innovation Lab, the firm's in-house technology startup accelerator program, Landit was able to access our networks and resources to connect with investors. Read more. ******

PARADISE PAPERS -- "Endowments Boom as Colleges Bury Earnings Overseas: American universities are using offshore strategies to swell their coffers, skirt taxes and obscure investments that could spark campus protests," by NYT's Stephanie Saul: "A trove of millions of leaked documents from a Bermuda-based law firm, Appleby, reflects some of the tax wizardry used by American colleges and universities. Schools have increasingly turned to secretive offshore investments, the files show, which let them swell their endowments with blocker corporations, and avoid scrutiny of ventures involving fossil fuels or other issues that could set off campus controversy. Buoyed by lucrative tax breaks,
college endowments have amassed more than $500 billion nationwide." http://go.politicoemail.com/?qs=e3138353e9c87d6084b0ab67cb46a32296cf2cc53baff8035434f94ed482c25afcd80370c91354c290886617072d8ccf

MEDIAWATCH -- "Fox, facing new competitors, clings tighter to Trump," by Jason Schwartz: "The network's new prime-time lineup, featuring [Laura] Ingraham, Sean Hannity and Tucker Carlson, who was added in April, forms a three-hour nightly block of solid Trump cheerleading. Factor in the Trump-friendly morning show, 'Fox & Friends,' on from 6 a.m. to 9 a.m., and during the network's most-watched hours, seldom is heard a discouraging Trump word.

"'I've read the stories about how the Murdochs have soured on Donald Trump, but you would not know it from their programming decisions,' said Charlie Sykes, the longtime conservative radio host and MSNBC contributor. 'It certainly reflects the business model of conservative media right now. Pro-Trump viewers want a safe space. They want a reliable outlet that will defend the president and attack his critics and Fox has apparently decided that it's going to give them that.'" http://go.politicoemail.com/?qs=e3138353e9c87d60822d7fd1989d2b4ca3500d920ac1859cbebe2ca6ebdbb2e314f27e2fb6b1cb9199643d1d5f62725a

COMING ATTRACTIONS - JAKE TAPPER will host the third annual Veterans Awards Jan. 20 at the Mayflower.

RET. ADM. MIKE MULLEN, J.D. VANCE, RICHARD HAASS, and JOE KLEIN are among the advisory board members of a new organization that launched today called With Honor that is recruiting post-9/11 veterans to run for Congress.

VALLEY TALK -- "Uber whistleblower Susan Fowler has a book deal" - AP: "Viking told The Associated Press on Thursday that it had acquired a memoir by Susan Fowler. The book is currently untitled and a release date has not yet been determined. Fowler is an engineer based in the Bay Area who in February detailed how she was propositioned by her boss at Uber and her complaints to human resources were ignored." http://go.politicoemail.com/?qs=e3138353e9c87d605ffcd28fdc5718ec895107b2d8470ea36c07972244fbe2c4b5f6607943aacfb989da40fdc57da635

TRANSITIONS -- Rachel Nagler, who has spent six years heading communications for Bloomberg Businessweek, is moving to lead communications at Bloomberg Philanthropies. ... Jason Phelps has started as national press secretary for Giffords, formerly Americans for Responsible Solutions. He previously was communications director for Rep. Derek Kilmer (D-Wash.). ...

... Bart Oosterveld has been named the new director of the global business and economics program and the C. Boyden Gray Fellow on global finance and growth at the Atlantic Council. He most recently was managing director and chief credit officer for the Americas at Moody's Investors Service. ... Todd Davenport has joined Buckley Sandler as chief of communications and client development. He most recently led communications and marketing at Promontory Financial Group, and was previously an editor and columnist at the American Banker.

SPOTTED: Sens. Todd Young (R-Ind.) and Jeff Merkley (D-Ore.) getting the Humanitarian Hero Awards last night from Mercy Corps last night at the Whittemore House in Dupont Circle

OUT AND ABOUT -- SPOTTED at last night's D.C. premiere at the Newseum of HBO's upcoming documentary "The Newspaperman: The Life and Times of Ben Bradlee," hosted by Richard Plepler and Sally Quinn: Carl Bernstein, Bob Woodward, Reps. Nancy Pelosi (D-Calif.) and Debbie Dingell (D-Mich.), Sen. Ed Markey (D-Mass.) and Susan Blumenthal, John Maggio, Richard Cohen, Peter, George, and Teddy Kunhardt, Quinn Bradlee, Wolf Blitzer, Chris Dodd , Robert Kaiser, Tammy Haddad, Laura Meckler, Peter Nicholas, Fred Ryan, Ruth Marcus, Bob Costa, Patrick Steel, Hilary Rosen, Fred Hiatt, Polson Kanneth, Maureen Orth, Tony Kornheiser, Len Downie, David Simon, Sheila Johnson, Bob Barnett, Annie Linskey, Ryan
Williams, Kellie Meyer, Michael Falcone, Ruby Mellen and Meridith McGraw.

SPOTTED at the kickoff last night of the new Jewish Democratic group JDCA, which is being run by Steve Rabinowitz, Fran Katz Watson, Aaron Keyak and Lauren France: House Minority Leader Nancy Pelosi (pic http://go.politicoemail.com/?qs=e3138353e9c87d60597a315e2a9def5baf552c45c7ecd87520b8787ce008ae9fb8ca6d32e92cbbb362f40d98dade2a9e Israeli Amb. to the U.S. Ron Dermer, Sens. Bob Casey (D-Pa..), Maria Cantwell (D-Wash.), Ben Cardin (D-Md.), Michael Bennet (D-Colo.), Sherrod Brown (D-Ohio), Tim Kaine (D-Va.), Chris Murphy (D-Conn.), Debbie Stabenow (D-Mich.), and Chris Van Hollen (D-Md.), House Minority Whip Steny Hoyer, Reps. Charlie Crist (D-Fla.), Eliot Engel (D-N.Y.), Joe Kennedy III (D-Mass.), Nita Lowey (D-N.Y.), Jerry Nadler (D-N.Y.), Jared Polis (D-Colo.), Debbie
Wasserman Schultz (D-Fla.) and Brad Sherman (D-Calif.).


****** A message from Morgan Stanley: How can technology help drive success? In the Morgan Stanley Innovation Lab, our in-house technology startup accelerator program, startup Landit seeks to use their tech platform to enable companies to further the success of women in the workplace. One of five startups participating in the program, Landit believes the partnership has the potential to accelerate their curve and expand their opportunities. "Only a small fraction of all venture capital money is given to multicultural and women entrepreneurs," explains Carla Harris, a Vice Chairwoman of Morgan Stanley and Head of its Multicultural Client Strategy Group. "Meanwhile, Morgan Stanley is a leader
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