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It's Iowa Caucus Time (Already?)

18 minutes ago

Snow blanketed Iowa Monday, contributing to a 70-car pileup on Interstate 35 near Ames, but traffic and snowfall totals of up to seven inches didn't stop lots of political junkies from showing up to their midterm caucuses.

"This is what snowflakes look like when they come out on the day of a big snow storm!" caucus site leader Ruth Thompson shouted to a packed auditorium at Roosevelt High School in Des Moines.

updated at 4:01 pm ET

When it comes to the stock market, the Trump administration has suddenly entered a quiet period.

The president, who frequently boasted when the stock market was hitting record highs, has said nothing about the market's stomach-churning gyrations in the past few days. The Dow Jones Industrial average lost a total of 7 percent on Friday and Monday, before bouncing back on Tuesday with a gain of more than 2 percent. The S&P 500 and Nasdaq experienced similar swings.

Senate leaders hope to clear the way for years of budget harmony this week with a long-term spending agreement amid fresh calls from President Trump to shut down the government over immigration.

Trump made the comments during a roundtable briefing at the White House on threats from the MS-13 criminal gang. He appeared to endorse shutting down the government if Democrats do not agree to increases in military spending and funding for a border wall along the U.S. border with Mexico.

WikiLeaks founder Julian Assange lost an attempt Tuesday to have his U.K. arrest warrant dropped. He could still be arrested for leaving Ecuador's embassy in London, where he has lived for years.

British Judge Emma Arbuthnot said she was "not persuaded" the warrant should be withdrawn, according to The Associated Press.

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