August 14th, 2007
09:07 AM ET
7 years ago

The Ticker AM

Compiled by Alex Mooney
CNN Washington Bureau

Making news today…

* The talk of Washington is Karl Rove, who "with his voice breaking at times and with President Bush at his side..said Monday that he would resign as a deputy White House chief of staff at the end of the month." (New York Times)

Rove said "now is the time" to leave, but "his departure deprives Bush of his shrewdest advisor when the president's popularity is near its lowest ebb." (Los Angeles Times)

He's still on the job until the end of the month, but Rove's legacy is already being sized up: "His advocates credit him with devising a winning strategy twice in a row … his detractors blame Rove for a style of politics that deepened divisions in the country." (Washington Post)

More to the point: Rove leaves "despised and deified." (Politico)

His exit "could provide an opening for the White House and the Republican Party to move away from [his] signature policy of relying on the party base and appeal more to independents who will probably determine the outcome of the 2008 election." (Boston Globe)

But Rove's influence will be felt in the 2008 election: "A look at the roster of every Republican presidential candidate finds people who have worked with him, and they have brought some of his methods to this race." (New York Times) Meanwhile, Rove himself is likely to play some kind of role. (Ticker)

And, "Congressional Democrats said yesterday that they will continue to demand the testimony [from Rove] about a range of sensitive policy matters. (Washington Post)

As for Rove's replacement, CNN's Suzanne Malveaux reports former RNC head and current counselor to the president Ed Gillespie is not likely to fill the role, despite rumors. Instead, the job is likely to be partitioned to several staffers.

* Speaking of 2008, Mitt Romney revealed Monday he is "by far the wealthiest presidential candidate," worth between $190 million and $250 million, according to a financial disclosure with the FEC. (Boston Globe)

"He earned as much as $15 million in 2006 and early 2007 from the private equity firm he left eight years ago, helping him expand his personal fortune and bankroll his campaign." (Washington Post)

Though he has "divested from companies doing business in Iran, he still holds stock in an oil company that does business in Sudan." (Los Angeles Times)

The President's Schedule

In Crawford, Texas, the president has no public events planned.

Also on the Political Radar

* Former North Carolina Sen. John Edwards continues his "Fighting for One America" bus tour of Iowa Tuesday. On the schedule: a 9:15 a.m. ET breakfast in Sioux City; a 11:30 a.m. ET community meeting in Ida Grove; a 1:30 p.m. ET community meeting in Rockwell; a 3 p.m. ET community meeting in Pocahontas; a 6:45 p.m. ET community meeting in Clarion; an 8:45 p.m. ET community meeting in Clear Lake.

* New York Sen. Hillary Clinton also spends the day in Iowa, slated to deliver a speech in Dubuque at 4 p.m. ET. She will also hold a town-hall meeting at 8 p.m. ET in Council Bluffs.

* Connecticut Sen. Chris Dodd is also in the Hawkeye State. On his schedule: a 1:15 p.m. ET kitchen table meeting in Adel; a 3:15 p.m. ET kitchen table in Boone; a 6:45 p.m. ET kitchen table in Fort Dodge.

* Former Massachusetts Gov. Mitt Romney spends the day in Oklahoma and Texas. At 1 p.m. ET he holds an "Ask Mitt Anything" event in Oklahoma City, followed by a press availability at 2:05 pm. ET. He is also slated to attend Sean Hannity's Freedom Concert in Grand Prairie, Texas at 8 p.m. ET.

* Former New York City Mayor Rudy Giuliani campaigns in South Carolina, scheduled to deliver a speech in Aiken at 9:30 a.m. ET. He is also slated to hold a town hall meeting in Columbia at 2:30 p.m. ET.

* Arizona Sen. John McCain is also in South Carolina Tuesday. He holds a town-hall meeting in Port Royal at 9 a.m. ET, followed by a media availability at 10 a.m. ET.

* Kansas Sen. Sam Brownback campaigns in both New Hampshire and South Carolina. He is slated to give an 8 a.m. ET speech at Thomas Moore College in Merrimack, New Hampshire before making a stop in Barrington, New Hampshire at 10 a.m. ET. He then heads south to the Palmetto State, where he is scheduled to hold a meet and greet in Rock Hill at 3:45 p.m. ET and another meet and greet in Columbia at 6 p.m. ET.

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Political Hot Topics
(Today’s top political stories from news organizations across the country)

Rove Exits: With his voice breaking at times, and with President Bush at his side on the South Lawn of the White House, Karl Rove said Monday that he would resign as a deputy White House chief of staff at the end of the month. The decision ends Mr. Rove’s role as the president’s longest-serving and closest aide, and the one who most personified the bare-knuckle brand of politics Mr. Bush favors. New York Times: Rove to Resign as Bush Aide at End of Month

Bush loses key adviser: President Bush will finish his final 17 months in office without his political guru and alter ego, Karl Rove, who announced Monday that he would leave the administration at the end of the month. Rove, who has worked on Bush's political campaigns for 15 years, is the last Texan in the president's inner circle to leave the White House - and the president - behind. Los Angeles Times: Bush losing key advisor at a low ebb

What did 'The Architect' build?: President Bush once nicknamed him "The Architect," heaping gratitude on his chief strategist for helping engineer two presidential victories and two cycles of congressional triumphs. But as Karl Rove resigns from the administration, a question lingers over his legacy: What, exactly, did the architect build? His advocates credit him with devising a winning strategy twice in a row for a presidential candidate who seemed to start out with myriad weaknesses. His detractors blame Rove for a style of politics that deepened divisions in the country, even after the unifying attacks of Sept. 11, 2001. Washington Post: 'Architect' Envisioned GOP Supremacy

Dems still seek Rove testimony: Congressional Democrats said yesterday that they will continue to demand the testimony of senior White House adviser Karl Rove about a range of sensitive policy matters even after he leaves the West Wing at the end of the month. "Karl Rove's resignation will not stop our inquiry into the firings of the U.S. attorneys. He has every bit as much of a legal obligation to reveal the truth once he steps down as he does today," said Sen. Charles E. Schumer (D-N.Y.), who has helped lead the Senate Judiciary Committee's inquiry into the dismissals. Washington Post: Democrats Continue to Seek Testimony From Rove

Strategy Shift looms? The departure of Karl Rove, the longtime adviser to President Bush who announced yesterday that he is leaving at the end of this month, could provide an opening for the White House and the Republican Party to move away from Rove's signature policy of relying on the party base and appeal more to independents who will probably determine the outcome of the 2008 election, analysts said yesterday. Boston Globe: Rove exit could launch new political strategy

Rove leaves during historic GOP downturn: During the 2000 campaign, Karl Rove often spoke of the 36 years of Republican realignment engineered by President William McKinley and his political strategist, Mark Hanna. Rove seemed to say that he would be the Hanna of our time. But as Rove stood on the White House lawn Monday, struggling to keep his composure as he announced his resignation, history seems poised to render a more uneasy verdict on this indelible political figure. The Politico: Rove leaves during historic GOP downturn

Rove's influence lasts: Whatever history makes of Karl Rove’s role in the White House, his legacy as a political strategist can be measured in a presidential campaign that has already begun without him. A look at the roster of every Republican presidential candidate finds people who have worked with him, and they have brought some of his methods to this race. New York Times: Despite Bruises of ’06, Rove’s Influence Lasts

The end of Bush's presidency? Karl Rove, perhaps the most powerful White House aide in recent history, called it quits Monday, provoking some to declare a symbolic end to the presidency of George W. Bush. Known as "Bush's brain" by critics and "the architect" by Bush himself, Rove announced his resignation during a low point in the administration, with Democrats having taken control of Congress and after Bush's immigration and Social Security plans failed. CNN.com: Author: Rove exit signals 'end of Bush presidency'

Giuliani to get tough on immigration: Rudy Giuliani will jump back into the debate over immigration policy today, but don't expect him to talk about his days as mayor – when his policies were all but lifted from his liberal predecessor, Ed Koch. As Giuliani seeks the Republican nomination for President, few issues leave him as open to attack as immigration, a topic that has ignited the conservative GOP base this year like no other. New York Daily News: Tougher Rudy to hit back on immigration

Romney reveals wealth: Mitt Romney, by far the wealthiest presidential candidate, and his wife, Ann, are worth $190 million to $250 million, his advisers said yesterday after filing a personal financial disclosure statement with the Federal Election Commission. The statement filed yesterday offers the most detailed look at Romney's finances available yet. Massachusetts did not require Romney to disclose information about his blind trust, which he created when he became governor in January 2003. Romney has not released his tax returns. Boston Globe: Romneys are worth up to $250m

Romney old ties to firm pay off: Republican Mitt Romney, the wealthiest candidate in the presidential race, earned as much as $15 million in 2006 and early 2007 from the private equity firm he left eight years ago, helping him expand his personal fortune and bankroll his campaign. The extent of Romney's continuing relationship with Boston-based Bain Capital Partners, which has also supplied him with scores of savvy fundraisers and well-heeled donors, was detailed in a financial disclosure report filed yesterday with the Office of Government Ethics. Washington Post: Romney's Old Ties To Firm Pay Off

Romney portfolio has link to Sudan: Republican presidential hopeful Mitt Romney divested from companies doing business in Iran, but he still holds stock in an oil company that does business in Sudan - where the government is accused of sponsoring genocide - his financial disclosure report filed Monday shows. Romney, the wealthiest presidential contender, is worth $190 million to $250 million, with investments spread among stocks, treasuries and high-end funds. Los Angeles Times: Romney portfolio has link to Sudan

Clinton's first lady records locked up: Sen. Hillary Rodham Clinton cites her experience as a compelling reason voters should make her president, but nearly 2 million pages of documents covering her White House years are locked up in a building here, obscuring a large swath of her record as first lady. Clinton's calendars, appointment logs and memos are stored at her husband's presidential library, in the custody of federal archivists who do not expect them to be released until after the 2008 presidential election. Los Angeles Times: Clinton's first lady records locked up

Edwards staking campaign on Iowa win: Democratic presidential hopeful John Edwards is staking his campaign on winning Iowa's first-in-the-nation caucus, even at the cost of stinting on the next big test in New Hampshire. Edwards yesterday began a bus tour that will snake through Iowa's cities and towns for seven days - just a week after a two-day swing - packed with stops that will let him exploit his down-home style to win over Iowans. He has campaigned here more than twice as much as he has in New Hampshire, where his folksy demeanor does not seem to connect as well with flinty New Englanders. So far, his Iowa gamble is paying some dividends in the polls, but it is hardly a safe bet. Boston Globe: Edwards takes risk staking run on Iowa

Edwards keeps supporters waiting: John Edwards’ weeklong Iowa bus tour stumbled out of the starting gate Monday as dozens of voters waited outside in the heat for more than an hour for the presidential candidate to appear at his Des Moines headquarters. The former North Carolina senator often is late for campaign appearances, but the hour-and-20-minute delay was unusual. Tardy Edwards keeps supporters waiting in heat

Richardson careful discussing VP possibility: Democratic presidential long shot Bill Richardson insists he's "not interested" in the vice presidency but he refused yesterday to rule out the possibility of accepting the No. 2 slot. Asked in a telephone interview with the Daily News Editorial Board how he responds to people who believe his presidential campaign is more aimed at securing the V.P. slot than the Oval Office, Richardson replied, "I tell 'em they're wrong." "I'm not interested in that," Richardson declared. "If I don't get elected President, I'll come back to the best job in the world: governor of New Mexico. New York Daily News: Richardson can't say no on veep

McCain still thinks he can win: U.S. Sen. John McCain said Monday he most likely has to win two of the first three nominating contests to become the Republican Party’s 2008 choice for president. In a 70-minute interview with editors and reporters at The State newspaper, McCain brushed off questions of what caused his campaign to stumble and nearly collapse this summer and said “we’re doing fine.” The State: McCain thinks he still has shot to win

McCain appeals to vets: John McCain can always draw a crowd at campaign stops. But unlike in 2000, when he first ran for president as a Republican maverick, McCain's audiences now are generally dominated by older Americans, many of them military veterans. They admire McCain's Vietnam War service and believe the Republican senator from Arizona is the candidate best prepared to handle 21st-century foreign-policy challenges. What's often missing is the electricity that younger people lent to McCain's 2000 bid to upset GOP front-runner George W. Bush. Arizona Republic: McCain has big appeal with vets

Hastert planning retirement announcement? The congressional retirement season has started, and it appears former Speaker Dennis Hastert may soon announce his own plans to ride off into the sunset. The Illinois Republican sent supporters a letter over the weekend asking them to join him for a speech this Friday at the Kendall County Courthouse in Yorkville, Ill. Politico: Will Hastert say farewell on Friday?


Filed under: AM Political Ticker
soundoff (5 Responses)
  1. bkrane Pittsburgh PA

    On the suject of Mr. Rove:

    Mr. David Gergan has referred to "Bush's Brain" as having a "good mind". Sad to say but, when one uses a good mind to do bad things you're looking @ a monster!

    August 14, 2007 11:37 am at 11:37 am |
  2. David, Salinas, CA

    Just a suggestion, but I think you should break the AM Ticker reports into smaller pieces. There’s so much diverse information here we can’t really get a dialogue going in the comments section. If this were a dozen separate posts, you’d have a dozen conversations.

    Thanks for the great reporting.

    August 14, 2007 06:30 pm at 6:30 pm |
  3. AA, ARIZONA

    MR. ROMNEY SHOULD BE TAKEN TO TASK FOR HIS HOLING IN COMPANIES THAT ARE EITHER IN THE SUDAN, OR DOING BUSINESS IN THE SUDAN. WHY ARE THOSE WHO HAVE THE RESOURSES TO DO SO, NOT DOING SO. DOES HE REALISE THAT HIS MONEY IS TAINTED, IF IT'S BEING MADE IN THE SUDAN? I THINK SO!

    August 15, 2007 05:32 am at 5:32 am |
  4. bil bibco

    08 election
    keep running in place.
    got to go, my local "news" is going in to fine detail about
    what the steelers are going to have in their hotel rooms.
    i would hate to be with out this critical knowledge.

    August 15, 2007 06:07 am at 6:07 am |
  5. frank, sacramento, CA

    The first time I heard the name,Barack Obama, on the radio, I thought terrorists bombed Morocco (Morocco Bomber). So that's not good. His name just doesn't cut it. Then, I heard whole bunch of idiotic remarks from this guy, such as wrestling China to the mat. Laughable. I can't imagine what would happen if someone like this guy would become the next president. Whoever trying to enlist him as a running mate would not be elected as well.

    August 16, 2007 08:34 pm at 8:34 pm |