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Nebraska voters will weigh two different abortion-related constitutional amendments this fall, with the secretary of state's office certifying both measures Friday to appear on the ballot. “Barring any legal challenges, this November general election ballot will host two ballot measures that appear in direct conflict with each other, which could be the first time this has happened in Nebraska’s history,” Secretary of State Bob Evnen said in a statement. Nebraska law currently bans abortion after 12 weeks of pregnancy, with exceptions for rape, incest and saving the mother’s life. If both amendments pass, the one with the most votes prevails. Democrats are hoping the ballot measures will help boost turnout in a critical presidential election cycle.

Persons: Bob Evnen, Roe, Wade, Don Bacon, Joe Biden Organizations: ”, U.S, Electoral, GOP Rep Locations: Nebraska, U.S ., Omaha

watch nowAs the 2024 U.S. elections reach their home stretch, crypto companies are opening their wallets to try and influence the results. Nearly half of all the corporate money flowing into the election has come from the crypto industry, according to a report this week from the nonprofit watchdog group Public Citizen. More than 90% of the corporate crypto cash that's been raised was brought in this election cycle. Public Citizen's report found that of the 42 primary races that attracted money from crypto-backed super PACs, the candidate picked by the crypto industry won 36. "When Fairshake and its affiliates spend money to influence races, either by attacking crypto skeptics or boosting crypto supporters, the ads don't mention crypto at all," said Claypool.

Persons: Biden, Donald Trump, Rick Claypool, Coinbase, Andreessen Horowitz, Crypto, Brian Armstrong, Fairshake, It's, Claypool, Chuck Schumer, Kamala Harris's, Joe Biden, Harris, Faryar Shirzad, Trump, CNBC hasn't Organizations: Public Citizen, Securities and Exchange Commission, Republican, Senate, Supreme, Citizens, Federal, PAC, Public, CNBC, Trump, White Locations: Nashville , Tennessee, New York, California, cryptocurrencies, San Francisco, Nashville, United States

☆ Texas judge in X's lawsuit against advertisers recuses himself after report he owned Tesla stock
▼ + stars: | 2024-08-13 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +1 min

The judge overseeing X's lawsuit against advertisers has recused himself following a news report that showed he owned shares of Tesla . In a recusal notice dated Aug. 13, U.S. District Judge Reed O'Connor in Texas backed out of X's case against the World Federation of Advertisers, which was filed last week. X, formerly known as Twitter, is owned by Elon Musk, who is also the CEO and largest shareholder in Tesla. On Monday, NPR reported that O'Connor had owned shares of Tesla in 2022, the date of his last available disclosure, posing a potential conflict of interest. In X's lawsuit, the company accused a number of advertisers of engaging in antitrust behavior when they stopped ad campaigns on the site.

Persons: District Judge Reed O'Connor, Elon Musk, O'Connor, weren't, Ed Kinkeade, Sen, John Cornyn Organizations: Tesla, District, World Federation, Elon, NPR, Companies, Unilever, Mars, CVS Healthcare, Orsted, WFA, Global Alliance, Responsible Media, X, Media Matters, America Locations: U.S, Texas, Tesla, Europe, North Texas, China

Instead of giving up, Colonel Sanders embraced the changes sweeping society. Even after he sold his company, he scorned the idea of retirement, staying on as a consultant and board member and embodying his Colonel Sanders persona in commercials and more. For decades, as a middle-class wife, mother and secretary living in Queens, she kept the pilot light on by taking tiny parts in tiny plays with tiny audiences. Wilder's "Little House" books, treasured by millions, became an enduring chronicle of family life on the American frontier. Four years later, she reconnected with her junior high crush and high school boyfriend, Harry Kullijian.

Persons: Estelle Getty, Rue McClanahan, Bea Arthur, Betty White, Mick Jagger, lopes, Roctogenarians, Harland David Sanders, Sanders —, —, Colonel Sanders, Sanders, they'd, Sophia Petrillo, Henri Matisse, Matisse, Norman Lear, Rita Moreno, Lear, Laura Ingalls Wilder, Frank McCourt, hilariously, Carol Channing, Harry Kullijian Organizations: Social, Bluegrass State, KFC Locations: Corbin , Kentucky, Kentucky, American, York's, Queens, East, Hollywood, Limerick, Ireland

☆ Uber, Lyft and the gig economy think they've found a way to win the national labor war
▼ + stars: | 2024-08-06 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +10 min

While only applicable in California, labor law experts expect momentum to spread to other states where the issue hasn't yet been tested. 22 went into effect, more than 80% of California drivers surveyed said that it has been good for them. In other high-population states, there has been a wave of recent actions and compromises between the companies and the states. In November, New York announced two settlements totaling $328 million with Uber and Lyft to resolve multi-year investigations. The state had been seeking a court determination that Uber and Lyft drivers are employees, not independent contractors.

Persons: Caroline Donelan, Uber, Brazil —, Gary McLaughlin, Mitchell Silberberg, Lyft, there's, James Yukevich, Yukevich Cavanaugh, it's, Tony West, Kamala Harris, general's, Michael M, Baylson, Donelan, Massachusetts Uber, Verrett, John Wicker, Stradling Yocca Carlson, There's, Gregory P, Feit, Reavis Organizations: California Supreme, Blank, Employees, New York, Pew Research, Washington Post, Democratic Party, Transportation Network Companies, federal, Labor, Union, United, 32BJ SEIU, Service Employees International Union, International Association of Machinists, SEIU, Rauth Locations: California's, U.S, California, New, New York State, Massachusetts, Australia, Brazil, Washington, New York , Massachusetts, Pennsylvania, Minnesota, Florida, Minneapolis, In Massachusetts

☆ What Google’s antitrust defeat means for the search giant and its partner Apple
▼ + stars: | 2024-08-06 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

The antitrust ruling against Google may not be the lose-lose scenario for the search giant and its key partner Apple that some are predicting. At the heart of the case is Google's exclusive relationship with device makers to be the default search engine on their screens. Google paid Apple $20 billion in 2022 alone for the privilege, according to recent court documents. AAPL YTD mountain Apple (AAPL) year-to-date performance "By collateral damage of course, this is negative for Apple," Jim said. Bank of America analysts tried to assuage Apple investors' concerns around services revenues.

Persons: Sherman, Kent Walker, Walker, Jim Cramer, Jim, —, Jim Cramer's, Jason Alden Organizations: Google, Apple, Barclays, Firefox, Yahoo, Bank of America, CNBC, Bloomberg, Getty Locations: U.S

☆ Joe Biden wants to rein in the Supreme Court, saying it's gone rogue after rulings on abortion and presidential immunity
▼ + stars: | 2024-07-29 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewCiting "recent ethics scandals" involving Supreme Court justices, President Joe Biden has announced a proposal to drastically reform the workings of the court, including by establishing term limits for sitting Justices. I have overseen more Supreme Court nominations as senator, vice president and president than anyone living today. This "means there are virtually no limits on what a president can do," Biden said. AdvertisementThe Supreme Court published a code of ethics last year following intense criticism, but it is currently non-binding.

Persons: —, Joe Biden, Biden, Roe, Wade, Donald Trump, SCOTUS, Clarence Thomas, Ginni Thomas, Samuel Alito, Alito, Thomas, Barack Obama's, Trump Organizations: Service, Business, Washington Post, Committee, House, Trump, PBS Locations: Washington

☆ Biden's plan to reform the Supreme Court is already 'dead on arrival'
▼ + stars: | 2024-07-29 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +6 min

Read previewJoe Biden's pitch to reform the Supreme Court is off to a rough start. House Speaker Mike Johnson has already sworn to fight the Biden administration's proposal to rein in the Supreme Court, calling it "dead on arrival." The GOP has largely supported the Supreme Court's conservative majority, and has rebuked Democrats' attempts to limit its power. Term limits and a new code of conductBiden's plan for the Supreme Court includes term limits that would mean a new justice was chosen every two years. With powerful Republicans like Johnson already pushing back, getting all three of Biden's proposals implemented in the Supreme Court looks like a losing battle.

Persons: —, Joe, Mike Johnson, Biden, Joe Biden's, Donald Trump, Clarence Thomas, Samuel Alito, Thomas, Trump, Johnson, Biden's, Harris, Republican trifectas, Democratic trifectas, Kamala Harris Organizations: Service, House, Business, Trump, GOP, Supreme, Biden, Harris Administration, Republican, Democratic, The Washington Post Locations: New York

☆ Biden rolls out plan to overhaul the Supreme Court
▼ + stars: | 2024-07-29 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

U.S. Supreme Court Justices attend as U.S. President Joe Biden delivers the State of the Union address at the U.S. Capitol in Washington, D.C., March 7, 2024. President Joe Biden on Monday unveiled a three-pronged proposal to reform the Supreme Court, a policy area that he said will be a focus of his remaining months in office. Biden's proposed ethics code comes after several Supreme Court justices, including Clarence Thomas and Samuel Alito, were caught in scandals involving undisclosed financial gifts that posed major conflicts of interest. As he works to cement his legacy in the just under six months he has left as president, Biden said that overhauling the Supreme Court will be a priority. "I'm going to call for Supreme Court reform because this is critical to our democracy," Biden said in a national address from the Oval Office last Wednesday.

Persons: Joe Biden, Biden, Donald Trump, Biden's, Clarence Thomas, Samuel Alito, Kamala Harris Organizations: Supreme, U.S, Capitol, Washington , D.C, Trump, Senate, LBJ Presidential Locations: Washington ,, Texas

☆ Elon Musk says he's not giving Trump $45 million. But that it was even a possibility underscores democracy's biggest problem: money.
▼ + stars: | 2024-07-28 | by ( Katie Balevic | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewCould $45 million a month be enough to help push a controversial presidential candidate back into the White House? "There are also Democratic super PACs and Democratic mega-donors, and those donors have been very involved recently." Moreover, the existing rules governing contact between super PACs and candidates are "incredibly porous" and "go largely unenforced," Weiner said. Democrats have twice introduced the Freedom to Vote Act, which would have included campaign finance reforms and was widely considered pro-voter.

Persons: —, Elon Musk, Donald Trump, Musk, Daniel Weiner, Brennan, Weiner, Barack Obama, Obama, Peter Thiel, JD Vance's Organizations: Service, Business, Democratic, Citizens, Republicans Locations: United States

☆ How Elon Musk could benefit from a second Trump presidency
▼ + stars: | 2024-07-26 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

Read previewWith a few pen strokes, Donald Trump could make many of Elon Musk's problems go away. But Musk also stands to gain with a new administration controlling federal regulations. But with Trump as president, Musk wouldn't even need to dismantle the so-called "administrative state" to get federal agencies out of his way. As president, Trump could direct the Justice Department and other executive agencies to drop any actions against Trump and his friends' businesses, Gernhardt told BI. Existing federal laws from the EPA and Department of Interior could be relaxed, Blanchard said.

Persons: —, Donald Trump, Elon, Musk, Joe Biden, Trump, JD Vance —, Michael Gerhardt, Gernhardt, Jilian Blanchard, Blanchard, Gerhardt Organizations: Service, Business, University of North, SEC, SpaceX, Justice Department, Good Government, National Environmental, EPA, Department of Interior, Securities, Exchange Commission, Twitter, Interior Department Locations: Ohio, Silicon, University of North Carolina, Chevron, Texas

☆ Here's what a Kamala Harris administration could mean for your wallet
▼ + stars: | 2024-07-22 | by ( Cnbc.Com Personal Finance Staff | ) www.cnbc.com time to read: +8 min

Harris' visit, following the attempted assassination of former President Trump, makes this her fourth trip to Michigan this year and seventh visit since taking office. However, Harris voiced some distinctions from Biden before becoming vice president, Watson noted. The vice president plans to bring more relief to borrowers, they said. Harris proposed repealing the Trump tax cuts to pay for it. — Jessica DicklerHousingHarris has been a proponent for affordable housing policies both during her tenure as vice president and as senator.

Persons: Kamala Harris, Trump, Olivia Troye, Amanda Stratton, Harris, Chris duMond, Chris Dumond, Biden, Garrett Watson, Watson, — Kate Dore, Drew Altman, Altman, She'd, Fatima Goss Graves, Roe, Wade —, Greg Iacurci, Pell Grant, Joe Biden, Miguel Cardona, Annie, Laura Veldkamp, Veldkamp, — Jessica Dickler, May, — Ana Teresa Solá Organizations: Getty, Tax, Tax Foundation, Biden, — Kate Dore Health, Affordable, Medicaid, National Women's Law, CNBC, Current U.S . Department of Education, Corinthian Colleges, U.S . Department, Corinthian, Columbia University Business School, U.S . Department of Housing, Urban Locations: KALAMAZOO , MICHIGAN, Kalamazoo , Michigan, Michigan, North Carolina, California, U.S

☆ Here's where Kamala Harris stands on the issues, from the economy to healthcare
▼ + stars: | 2024-07-21 | by ( Lloyd Lee | Brent D. Griffiths | ) www.businessinsider.com time to read: +8 min

Presenting herself as a center-left politician, Harris previously ran successful campaigns in California, winning statewide races for the San Francisco District Attorney's Office, the state attorney general, and the US Senate. AdvertisementHere's where she stands on major issues:AbortionHarris has supported abortion rights since her time in the Senate. ClimateHarris previously supported policies to combat climate change, including plans to transition the US to 100% renewable energy and a carbon tax. As vice president, Harris was tasked with handling the root causes of migration to the US from Central America. Harris re-affirmed her support for LGBTQ+ rights as vice president but has not provided specific policies.

Persons: —, Kamala Harris, Joe Biden, Harris, Biden, Brett Kavanaugh, Roe, Wade, Climate Harris, She's, Donald Trump's, Sen, Bernie Sanders of, Harris waffled, Sanders, HuffPost, Alejandro Giammattei, Trump Organizations: Service, Democratic, San, San Francisco District Attorney's Office, Business, CNN, Biden, Marshall, Biden's Infrastructure Deal, Healthcare, Stat, Immigration, San Francisco DA, Senate Republicans, Republicans, GOP Locations: California, San Francisco District, Bernie Sanders of Vermont, Immigration, Central America, United States, Guatemalan, Israel, Gaza, Rafah

☆ The massive IT outage is a disturbing reminder of how dependent we all are on just a few companies
▼ + stars: | 2024-07-19 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIf you had to fly, log in to your bank account, or go for elective surgery, a massive IT outage Friday offered a reminder: We're all in this technical morass together. "And when it's combined with the Microsoft platform, which it was in this instance, that's really going to amplify the disruptions that you're seeing." "It's going to make it harder for the government to issue and maintain regulatory structures," he said of the decision. "That's really not going to happen when you've got 85% of the infrastructure in private sector hands," he said.

Persons: —, CrowdStrike, Chris Cummiskey, Cummiskey, Charles Hosner, it's, Hosner, that's, you've Organizations: Service, Business, Cummiskey Strategic Solutions, US Department of Homeland Security, Microsoft, Boston Consulting, LinkedIn, DHS, White Locations: Netherlands, Belgium, Washington

☆ The Supreme Court is sending some mixed signals about executive power
▼ + stars: | 2024-07-14 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +8 min

Advertisement"So that is, in theory, taking power away from unelected officials," Justin Crowe, a professor of political science at Williams University who researches the Supreme Court, told Business Insider. With Corner Post, Entin said, the Supreme Court created a statute of limitations that, from the standpoint of federal agencies, never really expires. But the Court didn't stop at giving itself the reins to interpret regulations that federal agencies are beholden to. In the Trump case, the Supreme Court offered Trump broad immunity for some of his acts concerning his January 6 election interference case. In the July 6 episode of Slate's Supreme Court analysis podcast "Amicus with Dahlia Lithwick," Senior Court Reporter Mark Joseph Stern said the Court spent this term expanding its power and "restructuring representative democracy to make it less representative and less democratic."

Persons: —, Raimondo, Reagan, presidentially, Justin Crowe, wouldn't, Loper, Jonathan Entin, Entin, Ruth Bader Ginsburg, Ketanji Brown Jackson, Trump, Tanya Chutkan, Dahlia Lithwick, Mark Joseph Stern Organizations: Service, Loper Bright Enterprises, Inc, Governors, Federal Reserve System, Business, Chevron, Environmental Protection Agency, Congress, Williams University, EPA, Securities Exchange Commission, of Health, Human Service, Case Western Reserve University, Federal Reserve Board, Supreme, DC Circuit, Federal, Trump v ., Trump, DC Locations: Chevron, Trump v, Trump v . United States

☆ These are America's 10 worst states for quality of life in 2024
▼ + stars: | 2024-07-13 | by ( Scott Cohn | ) www.cnbc.com time to read: +10 min

2024 Quality of Life Score: 119 out of 325 Points (Top States Grade: D-) Strengths: Crime, Voting Rights, Worker Protections Weaknesses: Air Quality, Reproductive Rights, Health Care9. 2024 Quality of Life Score: 98 out of 325 points (Top States Grade: F) Strength: Air Quality Weaknesses: Voting Rights, Crime, Reproductive Rights6. 2024 Quality of Life Score: 96 out of 325 points (Top States Grade: F) Strengths: Child Care, Air Quality Weaknesses: Crime, Inclusiveness, Health Care5. 2024 Quality of Life Score: 85 out of 325 points (Top States Grade: F) Strength: Air Quality Weaknesses: Reproductive Rights, Health, Worker Protections, Voting Rights3. 2024 Quality of Life Score: 83 out of 325 points (Top States Grade: F) Strength: Child Care Weaknesses: Voting Rights, Inclusiveness, Worker Protections2.

Persons: CNBC's, Rebecca Noble, Katie Hobbs, Kansas Thomas Barwick, Bacchus, Chandan Khanna, Wesley Bell, Michael B, Thomas, Michael Pomante, Bill Lee's, Seth Herald, Bill Lee, Oklahoma Dr, Franz Theard, Paul Ratje, Dobbs, Oklahomans, Elijah Nouvelage, Darwin Varela, Brandon Bell Organizations: Business, Arizona, Abortion, Arizona House Republicans, American Lung Association, American Hospital Association, Democratic, Health, Kansas, Digitalvision, Getty, FBI, Louisiana Police, AFP, United Health Foundation, Louisiana Department of Education, Louis County Board, United Democracy Center ., Tennessee Educators, The Tennessee Bureau, Investigation, Volunteer State, Rights, Republican Gov, Care, National Conference of State Legislatures, Reproductive Clinic, Washington, Washington Post, Guttmacher, Sooner State, Alabama Voters, Alabama, Center, Election Innovation, Research, Oxfam America, State, Indiana, Getty Images Indiana, Hoosier State, Reproductive, Fort Duncan Regional Medical Center Locations: States, Arizona, Phoenix , Arizona, Sunflower, America . Kansas, Kansas, New Orleans, Pelican, Louisiana, Missouri, Louis, Louis County, St, Ann , Missouri, United Democracy Center . Missouri, Tennessee, Nashville, Nashville , Tennessee, Seth, Arkansas, New Mexico, Oklahoma, Santa Teresa , New Mexico, Oxford , Alabama, Delaware , Mississippi, New Hampshire, Alabama, Hoosier, Indiana, Eagle Pass , Texas

☆ Student-loan borrowers are entering a new 'Wild West' where any form of debt relief is much less certain
▼ + stars: | 2024-07-11 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Read previewLegal challenges against student-debt relief efforts continue, making the fate of millions of borrowers all the more uncertain. When it comes to higher education, the ruling will impose more barriers on regulations that are particularly controversial, like efforts to forgive student debt. The Education Department is working on finalizing its second attempt at a broader debt relief plan, which it hopes to implement this fall. But striking down Chevron could pose even more barriers to debt relief and many higher education regulations borrowers rely on. After the Supreme Court's Chevron ruling, Sen. Bill Cassidy — top Republican on the Senate education committee — sent a letter to Education Sec.

Persons: —, Chevron, Jon Fansmith, Fansmith, Joe Biden, haven't, It's, Neal Hutchens, Sen, Bill Cassidy —, Miguel Cardona, Cassidy, Hutchens Organizations: Service, Business, American Council, Education, Higher, Education Department, Chevron, of Educational Policy, University of Kentucky, Republican, Sec Locations: Chevron

☆ George Clooney says Biden should drop out, can't win in November
▼ + stars: | 2024-07-10 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Read previewGeorge Clooney on Wednesday called on President Joe Biden to drop out of the 2024 race just weeks after co-hosting a star-studded fundraiser for the president's campaign. "He wasn't even the Joe Biden of 2020. I'm proud of what my party represents and what it stands for," Clooney wrote. AdvertisementIn his Times column, Clooney added that he help put on, "some of the biggest fund-raisers in my party's history. Joe Biden in 2020."

Persons: —, George Clooney, Joe Biden, Joe, Biden, Clooney, Reed Hastings, Barry Diller, Clooney's, Rob Reiner, Reiner, …, @robreiner, he's, Nancy Pelosi, lister, Julia Roberts, Barbra Streisand, Barack Obama, Steve Ricchetti, Amal Clooney, Hillary Clinton Organizations: Service, The New York Times, Business, Hollywood, Netflix, IAC, MSNBC, Seven House Democrats, Academy, The Washington Post, Democrats Locations: Washington, Hague

☆ With Chevron reversal, Supreme Court paves way for a 'legal earthquake'
▼ + stars: | 2024-07-10 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +2 min

A general view of the U.S. Supreme Court as justices issue rulings in pending cases on the final day of the court's term in Washington, U.S., July 1, 2024. This batch of cases may be the first indication of the legal upheaval that could play out across the United States judiciary now that one of the most widely cited Supreme Court opinions has been reversed. "The majority's decision today will cause a massive shock to the legal system," Justice Elena Kagan wrote in her dissenting opinion. It also called into question the fate of the more than 19,000 past federal cases which cite the precedent. The Supreme Court protected agencies' past actions, Coglianese explained, but it said little about the agencies' past interpretations of laws, leaving the door cracked open for prior cases to be challenged.

Persons: Raimondo, Elena Kagan, John Roberts, Roberts, Cary Coglianese, Coglianese Organizations: U.S, Supreme, Loper Bright Enterprises, Chevron, United, Natural Resources Defense, University of Pennsylvania, Penn Locations: Washington , U.S, United States, Chevron v

☆ You're not losing your mind, Biden is getting more orange
▼ + stars: | 2024-07-08 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Read previewIf you think President Joe Biden has been looking a lot more orange, you're not alone. Samuel Corum/Getty ImagesAnd Biden's orange glow was apparent on July 3 too, when he was awarding the Medal of Honor to two Civil War soldiers. President Joe Biden speaks to the media on July 1. President Joe Biden speaks during a news conference at the COP26 United Nations climate change conference in Glasgow, Scotland, on November 2, 2021. Representatives for Biden didn't immediately respond to requests for comment from Business Insider sent outside regular business hours.

Persons: —, Joe Biden, George Stephanopoulos, Samuel Corum, Biden, Donald Trump, Andrew Harnik, Evan Vucci, Chip Somodevilla, visage, Joe, F2bjXE8fT2 — CJ Pearson, Moira Coops, Coops, Trump, Jason Kelly, Michael Cohen, Biden didn't Organizations: Service, ABC News, Business, White, Getty, COP26, AP, White House, Trump, CNN, Politico, Republican National Convention, Bazaar, Business Insider Locations: Washington , DC, Nations, Scotland, Glasgow, Washington ,, Alabama, Cleveland

☆ Democratic power players are circulating a proposal for Biden to exit, launch 'blitz primary'
▼ + stars: | 2024-07-07 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Two Democrats with a powerful network of friends are circulating a proposal for President Joe Biden to bow out of the 2024 race and launch an expedited Democratic primary to choose a new nominee before the August convention. The proposal comes as pressure builds on Biden to exit the race following his stumbling debate on June 27 against former President Donald Trump. "Overnight, Biden is hailed as a modern-day George Washington, not an octogenarian clinging to power with a 37% approval rating," the proposal reads. The next phase of the plan is a "blitz primary," where prospective Democratic candidates submit their bids and delegates of the Democratic National Convention ultimately narrow down the list to six contenders. The Biden campaign did not immediately respond to a request for comment on the proposal.

Persons: Joe Biden, Rosa Brooks, Obama, Clinton, Ted Dintersmith, Semafor, Donald Trump, Brooks, Dintersmith, Biden, George Washington, Oprah Winfrey, Taylor Swift, Stephen Colbert Organizations: Cross, White, Georgetown University, Democratic, CNBC, Biden, Trump, Democratic National Convention, DNC Locations: Washington , DC, America

☆ A second Trump term would be 'chaos' for student loan borrowers
▼ + stars: | 2024-07-07 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Read previewDonald Trump has long regarded the student loan forgiveness measures rolled out under the Biden administration as a stunt to garner "publicity for the election." At a campaign event in late June, Trump called Biden-era student debt relief measures "vile," suggesting that student loan borrowers shouldn't count on forgiveness under a second Trump administration. A recent Supreme Court ruling striking down the Chevron doctrine has already weakened the Education Department. Biden-era student loan forgiveness measures, as well as his new income-driven SAVE repayment plan, are making their way through court challenges led by conservative groups, which are not likely to be resolved before 2025. Advertisement"Overall, I think a Biden administration is going to be more favorable for college affordability than a Trump administration," Kantrowitz said.

Persons: —, Donald Trump, Biden, he's, Trump, Pell Grant, Jan Miller, Mark Kantrowitz, Kantrowitz, Betsy Mayotte, who'd Organizations: Service, Biden, Business, of Education, Department of Education, US Department of Education, Education Department, Senate, Trump, The, Student Loan Advisors, Education Department's, Education Locations: Washington ,, Mayotte

Even so, four sources close to the Biden family said there is no active effort to shake up staffing right now. Hunter Biden's appearance in White House meetings this week was just one instance of what is expected to be the deeper Biden family involvement. From the view of some Biden aides, the family is seizing on an opportunity to try to settle old scores. President Joe Biden's family is attempting to become more involved over his campaign and White House affairs as their anger with his staff spills into public view. Hunter Biden's stepped-up involvement has confounded some White House staff members and revived a longtime sore spot.

Persons: Biden, Anita, Bob, Jeff Zients, Anita Dunn, Bob Bauer, Hunter, Valerie Owens, Joe Biden's, Joe Biden, Jill Biden, Francis S, Ron Klain, It's, Hunter Biden's, Bauer, Dunn, Hunter Biden, Michael LaRosa, LaRosa, Andrew Bates, Donald Trump, Bauer haven't, Almighty's Organizations: White, White House, ABC, Biden, NBC, Air Force, Gabreski, Union, Yale, Camp David, Democratic Party, Trump Locations: White, Washington, Westhampton Beach , New York, Delaware

☆ Judge Aileen Cannon grants Trump's request to pause some deadlines in classified documents case amid immunity questions
▼ + stars: | 2024-07-06 | by ( Lisa Rubin | Megan Lebowitz | ) www.cnbc.com time to read: +2 min

U.S. District Judge Aileen Cannon on Saturday granted former President Donald Trump's request for further briefing on the issue of presidential immunity in the Mar-a-Lago classified documents case and delayed certain deadlines. Smith's brief is now due on July 18, and a reply from Trump's team is due on July 21. There is no trial date in sight in the classified documents case. The latest development comes after Trump's attorneys on Friday asked Cannon to pause court proceedings and consider how the Supreme Court's ruling affects the case. Trump's team in February had also filed a motion to dismiss the indictment on immunity grounds.

Persons: Donald Trump, Aileen Cannon, Donald Trump's, Trump, Cannon, Jack Smith, Judge Juan Merchan, Alvin Bragg's Organizations: CNN, U.S, Trump, Department of Justice, Manhattan Locations: Atlanta , Georgia, U.S

☆ Trump, Republicans really want Biden to remain the Democratic nominee
▼ + stars: | 2024-07-04 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

Read previewFor most of President Joe Biden's White House tenure, Republicans have floated theories about the president's health and cast doubt on the veteran Democrat's leadership. Biden sought to use the debate to gain some momentum in a race that for weeks showed him tied with Trump in national polls. In the weeks leading up the Democratic National Convention in Chicago, this is not where the Biden campaign thought it'd be. But the former president is not in the clear in the eyes of the public, despite this week's Supreme Court ruling. Should Biden step aside, a more popular Democrat — backed by a party itching to defeat Trump again — could easily dispatch the former president in November.

Persons: —, Joe Biden's, Donald Trump —, Biden, Trump, Biden's, Roe, Wade, they've, it'd, Mike Howell, Kamala Harris — who'd Organizations: Service, Republicans, Business, Trump, USA, Suffolk University, The New York Times, Siena College, Capitol, Democratic National Convention, Democratic, The Washington Post, Republicans pummeled Democrats, Biden, Daily Locations: Washington, Chicago

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