Summit Notebook

Exclusive outtakes from industry leaders

Grassley grades Obama’s performance C to F


We asked Senator Charles Grassley to grade President Barack Obama’s performance (close your ears Sasha and Malia) and the top Republican on the Senate Finance Committee was a bit of a tough schoolmaster.

“He’s still learning an awful lot,” Grassley said at a Reuters Washington Summit.

But Obama gets a D on foreign policy, a C on domestic policy, and an F on trade (ouch!)

We asked him to explain the grading.

“If you go to class, college, and you don’t do anything you get an F,” Grassley said on trade. He noted that Obama has put a 35 percent duty on tires from China, which the senator believed was not a good idea, but he would have been willing to overlook that if the president was pushing forward on trade agreements.