President Trump on Wednesday spoke with 21st Century Fox CEO Rupert Murdoch about an agreement whereby Fox will sell most of its entertainment assets to The Walt Disney Co. for $52.4 billion. Why it matters: Trump and Murdoch are old pals, but this conversation could raise accusations of political favoritism when it comes to regulatory approvals. Not only for Disney/Fox, but also for AT&T's attempted takeover of Time Warner. White House Press Secretary Sarah Sanders did not explicitly say that Trump supports the Disney-Fox deal, but did say that he believes it "could be a great thing for jobs." Reality...