DIRS.INFO The most relevant business & tech news

☆ Senators strike bipartisan deal for a ban on stock trading by members of Congress
▼ + stars: | 2024-07-10 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

A bipartisan group of senators on Wednesday launched a renewed effort to ban members of Congress from trading stock. "There is no reason why members of Congress ought to be profiting off of the information that only they get." Wednesday's amendment to an existing stock trading ban bill would immediately forbid members of Congress, the president and the vice president from purchasing stocks and other covered investments. The effort to bar members of Congress from trading stocks has been an uphill battle since at least the start of the Biden administration. The then-Speaker had previously written off the trading ban as a misguided effort to prevent lawmakers from participating in the "free market economy."

Persons: Jeff Merkley, Sen, Josh Hawley, Hawley, Jon Ossoff, Gary Peters, Biden, Ossoff, Nancy Pelosi, Paul Pelosi Organizations: U.S . Senate Banking, Housing, Urban Affairs Committee, Holdings, Congressional, U.S, Capitol, Washington , D.C, Wednesday, —, Homeland Security, Governmental, FBI, Democratic Locations: Washington ,, Sens, U.S

☆ 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

☆ Illegal Eviction Complaints Rise As Police Fail to Enforce
▼ + stars: | 2024-07-10 | by ( Cecilia Reyes | ) www.businessinsider.com time to read: +44 min

The nature of illegal lockouts means they are hard to track directly. One of the responding officers calls a sergeant over, who says there's nothing else they can do. While only 14% of lockout calls led to a police report, 86% of calls about shoplifting did. As they walk over, one of the officers tells the other to look up "illegal lockout" on his phone. A 2006 bill that would have defined illegal lockouts for all Illinois residents was defeated.

Persons: Alfred Perry, He'd, Perry, Dan Wright, Perry didn't, Wright, Bridget Bennett, Dan hadn't, I'd, he'd, Charlie Bliss, Matthew Desmond, Lockouts, Jersey City's, haven't, he's, David Leibowitz, Leibowitz, —, Pretium —, Kristi DesJarlais, Siegel, Sean Thueson , , Thueson, Blackstone, lockouts, Pretium, Katherine Kelly, RealPage, Jennifer Bowcock, William Prosser ,, they're, Donna Rossi, Sara Heymann, Meghan Aguilar, Misty Skinner, Skinner, Levi Wilhelm, It's, hasn't, I've, Wilhelm, they'd, Jeffrey Uno, Deirdre Orange, isn't, Daniel Benavidez, Jenny Chavez, criminalizing, Rob Bonta, Eric Carter, John Bartlett, Carter, Fred Fuchs, Steve Cohen, Michael Bennet, Sarah Saadian, Douglas Farrar, Kelly, Fuchs, Heymann, who've Organizations: Labor, Chrysler, Social Security, Business, North Las Vegas Police Department, Child Protective Services, Las Vegas Justice, Atlanta Legal, Atlanta Police Department, Atlanta, Supreme, Department of Housing, Los Angeles Police Department, Houston —, Arizona, Housing Association, Invitation Homes, Siegel, Siegel Group, Blackstone ., Progress, Homes, Union, city's Housing Department, Miami, Police, Houston, Houston Police Department, Phoenix, Criminal, Chicago, Chicago Department, LAPD, Records, Jersey City, Las Vegas Metropolitan Police Department, Las Vegas Metro Police, Legal, Foundation of Los, Phoenix Police Department, Fulton County Marshal's Department, Avondale Police Department, Avondale Police, Metropolitan Tenants Organization, Texas Justice Court, Court Training Center, Illinois, National Weather Service, Democratic, Senate, Income Housing Coalition, Consumer Financial Protection Bureau, Federal Trade Commission, FTC, AGs Locations: Las Vegas, Detroit, Vegas, United States, Perry's, Princeton, Milwaukee, Los Angeles, Chicago, Atlanta, South Chicago, Phoenix, Jersey, New Jersey, Jersey City, Houston, Nevada, . Texas, Harris County, Texas, Arizona, Washington, city's, Atlanta , Miami, California, New York City, Spring Valley, Spring Valley , Nevada, Las, Foundation of Los Angeles, Avondale , Arizona, Arkansas, Georgia , Mississippi, Pennsylvania, Wyoming, In Connecticut , Massachusetts, Minnesota , New Jersey, New York, Delaware, Illinois

☆ Democrats go public with fears of GOP ‘landslide’ that could jeopardize US democracy
▼ + stars: | 2024-07-10 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

CNN —President Joe Biden and his advisers keep issuing unequivocal declarations that he’s staying in the 2024 race, but Democrats aren’t hearing it. “Speaker Pelosi fully supports whatever President Biden decides to do,” a spokesperson said in a subsequent statement. “Donald Trump is on track, I think, to win this election, and maybe win it by a landslide, and take with him the Senate and the House,” he told CNN’s Kaitlan Collins. Trump is currently aheadCNN’s Road to 270 assessment of the electoral map shows Trump in position to win the election. “Donald Trump and the Republicans have loved every minute of watching this discussion,” Rep. Debbie Dingell, who represents the battleground state of Michigan, told CNN’s Jessica Dean.

Persons: Joe Biden, “, Nancy Pelosi, ”, Biden, Pelosi, Vermont Sen, Peter Welch, —, Colorado Sen, Michael Bennet, “ Donald Trump, CNN’s Kaitlan Collins, Adam Smith, ” Smith, Trump, CNN’s Wolf, Ritchie Torres —, Biden —, Clooney, George Clooney, cohosted, “ Joe Biden, ” Clooney, He’s, Rob Reiner, Michael Douglas, ABC’s George Stephanopoulos, doesn’t, Lester Holt, ’ Bennet, Sens, Sherrod Brown, Jon Tester, ” Bennet, Donald Trump, CNN’s, Ronald Brownstein, Clarence Thomas, Samuel Alito, Harry Enten, CNN’s Jim Acosta, Hakeem Jeffries, Annie Grayer, Manu Raju, Jeffries, Debbie Dingell, CNN’s Jessica Dean Organizations: CNN, Democratic, Democrat, New York Rep, Congressional Black Caucus, The New York Times, Democrats, Trump, Biden, Hollywood, Democratic National Convention, NATO, NBC, Colorado Democrat, Senate, Republicans, White, House Democratic Caucus, ” Locations: Vermont, Washington, Los Angeles, California, Chicago, Russia, New York City, Georgia , Michigan, Nevada, Michigan

☆ Biden’s political position is rapidly deteriorating as critical news conference looms
▼ + stars: | 2024-07-10 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

CNN —A staggering 24 hours that cracked the political foundation of Joe Biden’s reelection bid leave him facing the most high-pressure presidential news conference in modern history on Thursday. The stakes for Biden’s solo appearance at the conclusion of the NATO summit multiplied by the hour as his political position unraveled at a dignity-sapping rate. In another danger sign for Biden’s candidacy, one Democratic strategist told CNN, “Everything is frozen because no one knows what’s going to happen. The deepening crisis gripping the Democratic Party is not simply damaging Biden’s chances of clinging to the nomination. But as Biden’s political standing continues to rapidly deteriorate, the question is becoming how much longer he can insist he’s the only Democrat who can beat Trump.

Persons: Joe Biden’s, Nancy Pelosi, Donald Trump, —, Biden, seared, Pelosi, ”, “, “ I’m, Ritchie Torres —, Biden —, Pat Ryan, “ Trump, Joe Biden, Vermont Sen, Peter Welch, ” Welch, Colorado Sen, Michael Bennet, Trump, Sen, Chris Coons, CNN’s Kaitlan Collins, ” Sen, John Fetterman, CNN’s Erin Burnett, Hakeem Jeffries, George Clooney, Luck, Joe ‘, ’ Biden, ” Clooney, Clooney, Lester Holt, Elissa Slotkin, he’s, Keisha Lance Bottoms Organizations: CNN, NATO, Hollywood, Capitol, GOP, White, California Democrat, Democratic, Congressional Black Caucus, Yorker, Trump, ”, Biden, Democratic National Convention, New York Times, NBC “, Democratic Party, Republicans, House, Former Atlanta Locations: Ukraine, Washington, California, Vermont, Colorado, Chris Coons of Delaware, United States, Pennsylvania, Michigan, Trump

☆ Incumbents pay the price in year of global elections
▼ + stars: | 2024-07-09 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

And elections in Taiwan and South Korea proved the dynamism of the idea that free elections can promote stable governance. The two round French election system once again kept the far-right out of power on Sunday but Macron’s gamble didn’t exactly pay off. An era of political turmoil now looms with a hung parliament, a likely shaky coalition and instability ahead of the next presidential election in 2027. Kevin Coombs/ReutersIndonesiaPrabowo Subianto, a former army general, won the presidential election in the world’s fourth most populous nation, which is home to its largest Muslim population. IranIran wasn’t supposed to have a presidential election this year.

Persons: El, they’ve, Donald Trump’s, Joe Biden, Trump —, Ursula von der Leyen, Emmanuel Macron, Le, Macron, Keir Starmer, Kevin Coombs, Suharto, Narendra Modi, Adnan Abidi, Imran Khan, Nawaz, Asif Ali Zardari, Benazir Bhutto, Sheikh Hasina, Vladimir Putin, Alexey Navalny, Putin, El Salvador, Nayib Bukele, ”, Bukele, Claudia Sheinbaum Pardo, ObturadorMX, Claudia Sheinbaum, Andrés Manuel López Obrador, Sheinbaum, Lai Ching, Yoon Suk Yeol, André Ventura, Peter Pellegrini, Robert Fico, Fico, Nelson Mandela —, —, Macky Sall, Sall, Bassirou Diomaye Faye, Ebrahim Raisi, Ayatollah Ali Khamenei, Masoud Pezeshkian, ultraconservative Saeed Jalili, Pezeshkian Organizations: CNN, European Union, United States –, France, European People’s Party, Popular Front, Britain Voters, Conservative, Labour Party, Reuters, Reuters Indonesia Prabowo, Bharatiya Janata Party, BJP, Pakistan Muslim League, Pakistan People’s Party, Bangladeshi, Kremlin, El, El Salvador Strongman, El Salvador —, Getty, Democratic Progressive Party, Portugal Incumbents, Democratic Alliance coalition, Putin, Russian, South Africa Voters, National Congress, ANC, Democratic Alliance Locations: France, Britain, Iran, El Salvador, Slovakia, Russia, Indonesia, Mexico, South Africa, United States, India, Senegal, Taiwan, South Korea, Germany, London, Reuters Indonesia, Subianto, New Delhi, Reuters Pakistan, Pakistan, —, Bangladesh, South Asia, America, China, Beijing, Portugal, Ukraine, Europe, Senegal Senegal, Africa, Sall, Iran Iran, Islamic Republic

☆ Democrats hold pivotal meetings on Biden, as divisions deepen after Trump debate
▼ + stars: | 2024-07-09 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

That growing chorus includes at least nine sitting House Democrats, according to NBC News' tally. "I made clear publicly the day after the debate that I support President Joe Biden and the Democratic ticket. My position has not changed," House Democratic Leader Hakeem Jeffries of New York told reporters Monday evening. House Democrats were set to meet at 9 a.m. Outside the Democratic National Committee building, a handful of protesters, clad in sunglasses and suits, held up all-caps signs asking, "Is Joe Biden fit for office?!"

Persons: Joe Biden's, Donald Trump, Biden, Harris, Joe Biden, Hakeem Jeffries, Chuck Schumer Organizations: Washington , D.C, Democrats, NBC News, Democratic, Trump, Congressional, Biden, New York, House Democrats, NBC, Democratic National Committee, National Republican Campaign, Politico Locations: Washington ,, New

☆ Michael Bennet becomes first Democratic senator to publicly warn Biden can’t win 2024 election
▼ + stars: | 2024-07-09 | by ( Piper Hudspethblackburn | Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +3 min

CNN —Sen. Michael Bennet on Tuesday became the first Democratic senator to publicly say he doesn’t believe President Joe Biden is capable of winning reelection after his disastrous debate performance last month. Bennet said his voters have “deep concerns” about whether Biden can win and urged the White House to not ignore worries about his viability. Bennet’s comments confirm earlier CNN reporting that Bennet told his colleagues during a private meeting between Senate Democrats Tuesday that he does not think Biden can win. Sherrod Brown and Jon Tester also said Biden would not win during the meeting in the Capitol, according to a source familiar. Another source confirmed that Senate Majority Leader Chuck Schumer told senators at the meeting they should speak with the White House directly.

Persons: CNN — Sen, Michael Bennet, Joe Biden, “ Donald Trump, ”, CNN’s Kaitlan Collins, It’s, “, Bennet, Biden, Donald Trump, Kevin Munoz, Sherrod Brown, Jon Tester, Chuck Schumer, Delaware Sen, Chris Coons, ” CNN’s Dana Bash, Ted Barrett Organizations: CNN, Democratic, Colorado Democrat, Senate, Democrats, Delaware Locations: what’s, Sens

Making them waitPresident Biden hasn’t let up on his aggressive defense against calls to step aside: Over the past 24 hours, he pushed back against Democratic lawmakers, the news media and top fund-raisers. But an attempt to mollify some of his biggest donors in a hastily arranged call started off poorly: It began more than 30 minutes late. For the Biden campaign, that may not be a big concern, given its highlighting of small-dollar fund-raising and attacking of corporate greed. Biden started the day lashing out at elite critics. After a weekend of campaigning in Pennsylvania and Wisconsin, he sent a defiant letter to congressional Democrats pledging to stay in the race.

Persons: Biden hasn’t, Biden, DealBook’s Lauren Hirsch Organizations: Democratic Locations: Pennsylvania, Wisconsin

☆ Nancy Pelosi and these 4 other Congress members' stock portfolios are returning triple digits. Here's what they're investing in — and how you can copy them.
▼ + stars: | 2024-07-09 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

Quiver Quantitative mirrors the portfolios of certain Congress members and groups, rebalancing every time a new disclosure or report is made. AdvertisementQuiver Quantitative's strategy is a little simpler than the exact trades that Congress members are making, for two reasons. By backtesting, or applying this strategy to multiple years of historical data, many Congress members' portfolios exhibit significant outperformance relative to the S&P 500. Congress members could be managing their portfolios independently, or they could be using a financial advisor, for example. Congress' top performersBelow, we've listed five Congress members' portfolios with triple-digit total returns, their one-year return, as well as their current top portfolio holdings.

Persons: —, Nancy Pelosi, James Kardatzke, Dan Meuser, Sheldon Whitehouse, Donald Beyer, Josh Gottheimer, Pelosi, Morgan McGarvey, Stephen Lynch, Paul Pelosi, Kardatzke, it's, It's Organizations: Service, Business, Nvidia, Broadcom, Tesla, Visa Locations: California

☆ Troubled US military pier near Gaza to be permanently removed as soon as next week, US officials say
▼ + stars: | 2024-07-09 | by ( Oren Liebermann | Natasha Bertrand | ) edition.cnn.com time to read: +3 min

Last month marked the third time that the pier has been disconnected from Gaza because of inclement weather. But once the remaining aid is delivered, the pier is expected to be removed from the coast of Gaza and the operation, which began in mid-May, will end, officials said. Since the pier began operations, more than 19.4 million pounds of humanitarian aid have been delivered via the pier to the collection area in Gaza. Its removal will mark the end of a highly anticipated, but deeply troubled effort to flow humanitarian aid to the population of Gaza. The Pentagon and USAID inspectors general have launched coordinated reviews of the pier operation, they announced last month.

Persons: Pat Ryder, “ Organizations: CNN, Pentagon, ”, US, Associated Press, Israel Defense Forces, USAID, Republicans Locations: Gaza, Cyprus, Ashdod, Israel, Egypt

Washington CNN —After President Joe Biden’s reelection efforts spiraled into chaos following his debate fiasco last month, Democrats who have both stood by and abandoned Biden since then see Tuesday as a decisive day for the president’s political future. Jeffries listened as he was confronted with concerns and frustrations from all factions of the caucus during House Democrats’ Tuesday meeting. But instead of a united front, Democrats emerged from the meeting without consensus or a clear path forward. Even though a number of lawmakers expressed their support for Biden, the concerns stuck with many Democrats after the meeting. House Democrats gathered on Tuesday to discuss steps forward with Biden’s campaign.

Persons: Joe Biden’s, spiraled, –, Biden, ”, Chuck Schumer, Hakeem Jeffries, “ Chuck, Hakeem, “ That’s, ” Schumer, Jeffries, Jim Clyburn, Lloyd Doggett, who’s, ” Doggett, Donald Trump, Seth Moulton, ” Moulton, “, Greg Landman, Doggett, Maura Healey, riffed, “ They’re, Nancy Pelosi, CNN’s Arlette Saenz Organizations: Washington CNN, Biden, White, CNN, Democratic, Democrats, Democrat, Democrats ’, Democratic Rep, ” Democratic, Trump . Party, NATO, ABC Locations: Texas, Massachusetts

☆ How Biden’s 2024 choice could reshape the Senate and Supreme Court for years
▼ + stars: | 2024-07-09 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +18 min

But recent history raises deep questions about whether Democratic Senate candidates can continue to levitate as far above the presidential ticket as polls now show. “A Democratic Senate majority coalition relies on having both Senators from a state such as Michigan,” said Daniel Hopkins, a University of Pennsylvania political scientist. As recently as the 1980s, it was common for voters to split their tickets in Senate races. Still, even that alignment left room for some Senate candidates to swim against this general tide. This history, by itself, doesn’t answer whether Democratic Senate candidates would have better prospects with or without Biden as their presidential nominee.

Persons: Joe Biden, Biden, Donald Trump, Republican Sen, Susan Collins of, Trump, Samuel Alito, Clarence Thomas, Sonia Sotomayor, ”, Democratic Sen, Evan Bayh, Bayh, “, —, Sen, Joe Manchin, who’s, Democratic Sens, Sherrod Brown of, Jon Tester, Montana, Bob Casey, Tammy Baldwin, Jacky Rosen, Elissa Slotkin, Ruben Gallego, Kyrsten, Martin Heinrich, Nella Domenici, Pete Domenici, Curtis Bashaw, Andy Kim, Bob Menendez, Rick Scott, Ted Cruz, Collins, Ron Johnson, Daniel Hopkins, — hasn’t, David Bergstein, ” Bergstein, ” Mike Berg, ” Lee Drutman, Drutman, Biden’s, ” Drutman, Democratic pollster, ” Jason Kander, Kander, Hillary Clinton, Clinton, Roy Blunt, doesn’t, ” Kander, ” Bayh, Republican Todd Young, it’s, Ronald Reagan’s, Barack Obama, Obama, Republican Dean Heller, Heller —, Steve Bullock, Jesse Hunt, Hunt, Hopkins Organizations: CNN, Senate, Democratic, Republican, White, GOP, West, Republicans, Biden, Democratic Sens, Democrats, Trump, University of Pennsylvania, don’t, Democratic Senatorial, “ Republicans, National Republican Senatorial, Democratic Senate, ”, White House, Indiana Senate, Democratic Gov Locations: Susan Collins of Maine, Indiana, West Virginia, Sherrod Brown of Ohio, Pennsylvania, Wisconsin, Nevada, Michigan, Arizona, New Mexico, New Jersey, Florida, Texas, North Carolina, — Maine, Florida , Iowa, Ohio, New America, Missouri, Southern, Maine, Iowa , Kansas , Kentucky, Montana , South Carolina

☆ For Joe Biden, a career defined by proving the doubters wrong faces its biggest test
▼ + stars: | 2024-07-09 | by ( Phil Mattingly | ) edition.cnn.com time to read: +11 min

The defiance Biden has thrust into public view at the start of a critical week is a feature, not a bug. Biden’s dug-in stance in the wake of the first presidential debate is not too surprising to those who know him well. “We all watched the debate,” a House Democrat who supports Biden told CNN. “The question of how to move forward has been well aired for over a week now,” Biden wrote in his letter to House Democrats. Biden’s campaign strategy to largely stay off the campaign trail in the middle of a pandemic faced no shortage of doubters.

Persons: CNN — Joe Biden, Biden, I’m, ”, Biden’s, it’s, Biden –, Donald Trump, “, ” Biden, Trump, –, “ We’ve, Adam Smith, Biden’s “, Beau’s, Hillary Clinton, Barack Obama, Trump’s, we’re Organizations: CNN, Washington, MSNBC, “, Democratic, ABC, House Democrat, Trump, Democrats, House Armed Services Committee, Biden, House Democrats, South Carolina, Senate, Republican Party Locations: Washington, South

☆ Fed Chair Powell talks up progress on inflation but says rate cuts not imminent yet
▼ + stars: | 2024-07-09 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

However, central bank officials still want to see more progress before cutting interest rates, he noted. “The most recent inflation readings, however, have shown some modest further progress, and more good data would strengthen our confidence that inflation is moving sustainably toward 2%,” he added. Fed officials expect to cut interest rates just once this year, according to their latest economic projections in June, compared to the three cuts they forecast in March. The annual PCE inflation rate registered at 2.6% in June, down slightly from 2.7% in May. Fed officials and most economists don’t see a recession this year.

Persons: Jerome Powell, ” Powell, Powell, Inflation, John Williams, ” Seema Shah Organizations: Washington CNN, Inflation, Committee, Financial, ” New York Fed, Congress, Fed, Asset Management Locations: India, United States

☆ Opinion | Stay or Go? The Biden Storm Rages.
▼ + stars: | 2024-07-09 | by ( ) www.nytimes.com time to read: +1 min

He also refuses to see that many people in America are dissatisfied, despite all that he feels he has done for them. The toxic swamp of lies and anger that breeds populism may drag him down, and all of us with him. Most Democrats will vote for him ultimately if he is the nominee. I fear that Mr. Biden and his defenders are making the same assumptions about Americans that tripped up Hillary Clinton’s campaign. They think that everyone should vote for them because they are right and good, and refuse to acknowledge a huge swath of the voting public that is (rightly or wrongly) turned off.

Persons: Biden, Hillary Clinton’s Organizations: Democratic Locations: America

☆ How Biden Is Leveraging His Defiance to Try to Stem Democratic Defections
▼ + stars: | 2024-07-08 | by ( Shane Goldmacher | ) www.nytimes.com time to read: +1 min

President Biden’s increasingly emphatic declarations that he will not exit the presidential race are delivering an unmistakable message to potential wayward Democrats: Any criticisms going forward damage the party’s chances against Donald J. Trump. For days, Mr. Biden has said he will remain his party’s nominee after his poor debate short of an intervention from “the Lord Almighty.” On Monday, he put that assertion into action. It began with an open letter to congressional Democrats saying he was definitely running. “I am not going anywhere,” Mr. Biden told the donors. The moves amounted to a show of defiance that the Biden operation hoped would earn him some deference, as uneasy Democratic lawmakers trickled back to Capitol Hill after a holiday break.

Persons: Biden’s, Donald J, Biden, ”, “, Mr, trickled Organizations: Trump, Congressional Black Caucus, Democratic, Capitol

☆ A Defiant Biden Told Democrats: ‘Challenge Me’
▼ + stars: | 2024-07-08 | by ( Justin Porter | ) www.nytimes.com time to read: +1 min

“If any of these guys don’t think I should run, run against me,” he said. Challenge me at the convention.”This could be the most crucial week of Biden’s presidency, as he is facing calls to drop out from his own party. His performance will be scrutinized by Democrats to assess whether he can handle the off-the-cuff pressure that he struggled with during his debate with Donald Trump. Biden also made his most formal entreaty to top donors since the debate, in a 19-minute call today. The president repeated that he was staying in the race and said they needed to shift the focus of the campaign away from him and onto Trump.

Persons: Biden, “, Joe ”, ”, Biden’s, Donald Trump Organizations: ”, MSNBC, NATO, Trump Locations: Washington

☆ Trump's increasing election odds after debate already affecting financial markets
▼ + stars: | 2024-07-08 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

Financial markets are slowly starting to absorb the possibility that what was once a toss-up presidential election campaign has taken a notable turn. That has put investors in a quandary of how to handicap what a Trump presidency would look like from an economic and market standpoint. .SPX mountain 2024-06-28 S & P 500 performance since the debate However, the bond market has had a bit more of a reaction. The first Trump presidency and some of his campaign rhetoric nevertheless has led to guesswork about what could be ahead. "This particularly favors financials and there will be an expectation of more M & A approval in a Trump presidency.

Persons: Joe Biden, Donald Trump, specter, Biden, Trump, Mark Malek, Siebert AdvisorNXT, Handicapping, Michael Hartnett, Hartnett, Ed Mills, Raymond James, Kamala Harris, Harris, Chris Krueger, TD Cowen, Krueger, ABC's George Stephanopoulos, —, Sarah Min Organizations: Republican, Trump, Treasury, Bank of, White, Reading, New York Times, Biden, Democrat Locations: Washington

☆ Read the letter: Biden tells House Democrats to stop calling on him to drop out
▼ + stars: | 2024-07-08 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +1 min

Biden sent a stern letter to congressional Democrats reiterating that he has no plans to drop out. The list of Democrats calling for Biden to drop out is likely to grow this week. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In a letter to Democrats in both chambers, Biden struck a defiant tone, even as he acknowledged "good faith fears and worries about what is at stake in this election." "The question of how to move forward has been well-aired for over a week now," Biden wrote.

Persons: Biden, —, Joe Biden Organizations: Service, Business Locations: Washington

☆ The Arizona primary where the MAGA movement is devouring itself
▼ + stars: | 2024-07-08 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +18 min

"He is running a very bigoted race," Hamadeh told me of Masters, "and MAGA and the America First movement is bigger than that." An anti-Hamadeh yard sign, paid for by the Masters campaign, beside one of Hamadeh's own signs in the 8th district. "This guy, he lost against Mark Kelly because he's a weirdo," Hamadeh told me. "I think that warrants some investigative journalism," Hamadeh told me. "I can't vote for you," one woman, apparently not a prospective constituent, told Hamadeh as she shook hands with him after the event, "but I'll give you a donation."

Persons: Abe Hamadeh, Hamadeh, I've, He's, Donald Trump, Kari Lake, MAGA, Blake Masters, Peter Thiel protégé, who's, It's, Bryan Metzger, Ben Toma, Debbie Lesko, Sen, Anthony Kern, There's, Trent Franks, Israel, there's, Lesko, —, Abraham, Abe, Ron Paul, Prophet Muhammad, Jesus, fashioning, he's, Trent, They're, MAGA bromides, JD Vance, Ohio, Masters, Vance, Ted Kacynski, Blake, Mark Kelly, Kari, Brandon Bell, Trump, Clarence Thomas, Thiel, Hamadeh's, Arizona Republic —, Rebecca Noble, Toma Organizations: Service, Republican, GOP, Arizona, Capitol, Trump, Masters, Supreme, Daily, University of, Maricopa County Attorney's, US Army Reserve, Republican Party, Senate, Sun City, Justice, Republicans, Sun City West, Stanford University, FBI, Thiel Capital, Fox News, Arizona Republic, Sun, Arizona House Locations: Phoenix, Arab American, Arizona, America, Tucson, North Phoenix, Washington, There's, Maricopa County, Mecca, Chicago, Skokie, United States, Saudi Arabia, Jerusalem, Istanbul, Vatican, Thailand, Japan, Sun City, crazies, Scottsdale, it's

☆ Biden blasts ‘elites’ urging him to exit race in surprise interview
▼ + stars: | 2024-07-08 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

President Joe Biden arrives to speak to supporters and volunteers during a campaign stop at a Biden-Harris campaign election office in Harrisburg, Pennsylvania, on July 7, 2024. President Joe Biden defended his place at the top of the Democratic ticket Monday in a surprise television interview on MSNBC's "Morning Joe," after more lawmakers and donors came forward over the weekend with concerns about his reelection bid. "I'm getting so frustrated by the elites in the party" calling on him to step down, the president fumed. Biden insisted to hosts Joe Scarborough and Mika Brzezinski that the concerns of his wealthy backers would not dictate his political future. "I want their support, but that's not the reason I'm running," Biden said.

Persons: Joe Biden, Harris, I'm, Biden, Donald Trump, fumed, Joe Scarborough, Mika Brzezinski, that's, Hakeem Jeffries, Adam Smith, Jerry Nadler, Mark Takano, Joe Morelle, Angie Craig, Nancy Pelosi, Jim Clyburn, Chuck Schumer, George Stephanopoulos, Sen, Chris Murphy, Conn Organizations: Biden, Democratic, Democrats, NBC News, N.Y, Trump, ABC News, NATO, Democratic Party Locations: Harrisburg , Pennsylvania, New York, Calif, Washington, D, Ukraine

President Biden spoke directly to some of his biggest fund-raisers and donors on Monday, repeating his assertion that he was staying in the race and telling them they needed to shift the focus of the campaign away from him and onto former President Donald J. Trump. “I have one job, to beat Donald Trump,” Mr. Biden said on a call with his campaign’s National Finance Committee, adding that he was “the best person” to do that, according to a listener who relayed the president’s remark to The New York Times. He said it was time to put Mr. Trump in the “bull’s-eye,” according to a second listener. The president’s 19-minute remarks to donors amounted to the most formal entreaty to his financiers since his poor debate performance over a week ago that they should stay the course. His appearance, which was announced to his fund-raisers just 24 minutes before the call was set to begin, came after he sent a defiant letter to congressional Democrats on Monday morning rejecting the idea that he should drop out and gave an interview on MSNBC’s “Morning Joe” in which he invited challengers to try to stop him at the party’s convention next month.

Persons: Biden, Donald J, “, Donald Trump, ” Mr, Trump, Joe ” Organizations: Trump, National Finance Committee, New York Times

☆ Biden and congressional Democrats are headed toward an all-out war
▼ + stars: | 2024-07-08 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

President Joe Biden and congressional Democrats increasingly appear to be on a collision course. Reporters are going to be asking any Democratic lawmaker in sight whether they believe Biden should remain their party's nominee against former President Donald Trump. As of Monday morning, five House Democrats have publicly called for Biden to step aside, while two have pointedly said that he can't win. AdvertisementAll of this makes the week ahead extremely important for Biden and the Democratic Party. The worst possible outcome for Biden is that a public consensus emerges among congressional Democrats that he must go, and that party leaders follow suit by issuing calls for him to drop out.

Persons: Joe Biden, Biden, Donald Trump, Jerry Nadler, Mark Takano, Adam Smith of, Joe Morelle, New York —, Sen, Mark Warner of, —, he's, ABC's George Stephanopoulos, Ritchie Torres, Biden's, Torres Organizations: Service, Democrats, Capitol, Business, Democratic, Washington Post, Biden, Democratic Party, ABC, House Democrats Locations: York, California, Adam Smith of Washington, New York, Mark Warner of Virginia

☆ Analysis: Biden’s fate is on the line in the most critical days of his 50-year political career
▼ + stars: | 2024-07-08 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

The turmoil surrounding Biden’s future is creating a grim mood inside the White House, CNN’s MJ Lee reported. • If that happens, would senior party leaders be willing to go to the president and argue that his position is unsustainable? There is an almost surreal quality to the frenzied political debate as Biden digs in. There would be no guarantee that a new standard-bearer would do better than Biden, who has already beaten Trump once. Black Democratic voters helped to rescue Biden’s primary campaign in 2020 and to put him in the White House.

Persons: Joe Biden’s, Biden, Donald Trump, Hakeem Jeffries, Sen, Mark Warner, “, Connecticut Sen, Chris Murphy, ”, ” Biden, Trump, CNN’s MJ Lee, Biden –, Kamala Harris –, laud, Joe Biden, ” Murphy, Dana Bash, Adam Schiff, Murphy, Schiff, lacerated Trump, Jeffries, Chuck Schumer, “ I’m, It’s, Joyce Beatty, “ shouldn’t, CNN’s Ebony Davis, Eva McKend, he’s, CNN’s Jeff Zeleny, Lyndon Johnson, Gerry Connolly, CNN’s Pamela Brown, Joe Biden didn’t, ” Connolly, Josh Shapiro, Pennsylvania Sen, John Fetterman, Bob Casey Organizations: CNN, Democrats, White House, Virginia Democrat, Sunday, Union, Democratic, ABC News, West Wing, Democratic Party Among, Biden, ”, Press, California Democrat, Capitol, ABC, Congressional Black Caucus, Ohio, CBC, NATO, Airy, of God, Black Democratic, Pennsylvania Gov, Pennsylvania, Trump, Republican National Convention, Democratic National Convention Locations: Connecticut, “ State, Pennsylvania, Trump, Atlanta, California, New Orleans, Philadelphia, Harrisburg , Pennsylvania, Washington, Virginia, Harrisburg, “, Michigan, Ukraine, Milwaukee

Search resuls for: "congressional"

25 mentions found