Trump begins formal withdrawal from Paris Climate Agreement

President Trump got a step closer to pulling America out of the Paris Climate Agreement by sending a withdrawal letter to the United Nations, Secretary of State Mike Pompeo announced in a statement Monday.

Driving the news: While Trump indicated this intention in June 2017, today marks the first day his administration could begin the formal process, which will be completed on Nov. 4, 2020 — a day after the 2020 presidential election.

Why it matters: While today is more procedural than symbolic in nature, the U.S. beginning the exit...