Capitol Report: Short to leave White House for D.C. consulting firm | Republican says time to move focus from repealing Dodd-Frank

White House legislative affairs director Marc Short speaks while White House budget director Mick Mulvaney listens regarding the possible government shutdown on January 19, 2018 during a press briefing at the White House in Washington,DC.

Marc Short, Trump’s director of legislative affairs, is leaving for a D.C. consulting firm as well as a teaching job at the University of Virginia, Politico reported in a story that quoted his two new employers. At Guidepost Strategies, Short will reportedly not lobby but be involved in work with clients including Reynolds American RAI, +2.90%  , pharmaceutical giant Eli Lilly LLY, +0.77%  , BMW BMW3, +1.40%   and the American Petroleum Institute, the report said.

A leading Republican lawmaker says the party should “get out of this Dodd-Frank morass,” according to a Bloomberg News interview with Rep. Patrick McHenry, who may become the next House Financial Services Committee chairman. McHenry said he hopes to continue his work on topics related to financial technology, including how to regulate cryptocurrencies, where he says a “massive amount of fraud” is taking place.

The president wants to re-paint Air Force One, Axios reported, citing a source familiar with the negotiations. Trump wants to change the plane’s blue-and-white-look — that he thinks is a “Jackie Kennedy color” — and replace it with something red, white and blue.

Sean Spicer’s new book contradicts President Trump’s description of the role of Paul Manafort, the campaign chairman now jailed, reports The Guardian. In the book Spicer portrays Manafort as having an important and impactful role, against Trump’s description of Manafort being on the campaign for a “very short period of time.”

Tickets for Spicer’s book launch party are going for up to $1,000, CNN reports. The former White House press secretary told CNN on Wednesday that the admission fees were being charged by the organizers, not him.

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