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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
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
Read Biden’s Letter to Congressional Democrats
  + stars: | 2024-07-08 | by ( ) www.nytimes.com   time to read: +4 min
I have had extensive conversations with the leadership of the party, elected officials, rank and file members, and most importantly, Democratic voters over these past 10 days or so. Believe me, I know better than anyone the responsibility and the burden the nominee of our party carries. The voters of the Democratic Party have voted. I feel a deep obligation to the faith and the trust the voters of the Democratic Party have placed in me to run this year. The voters - and the voters alone - decide the nominee of the Democratic Party.
Persons: JOSEPH R, BIDEN, Donald Trump, I've, Trump Organizations: JR, Democratic, Democratic Party, Big Pharma, MAGA Republicans, Trump Locations: America
“I want you to know that despite all the speculation in the press and elsewhere, I am firmly committed to staying in this race, to running this race to the end, and to beating Donald Trump,” Biden wrote in the letter, obtained by CNN. Any weakening of resolve or lack of clarity about the task ahead only helps Trump and hurts us,” Biden concluded. More than a handful of top House Democrats told Minority Leader Hakeem Jeffries on Sunday that Biden needs to step aside amid concerns about down-ballot Democratic races. Biden offered a confusing response to a question about his letter to Hill Democrats calling for unity and lambasted Trump for being on the golf course after the debate. Biden team hosting another top donor callAlso on Monday, the Biden campaign is hosting a donor call with its national finance committee, a source familiar with the call said, another sign of outreach.
Persons: Joe Biden, Donald Trump, ” Biden, Biden, , Hakeem Jeffries, Trump, — Joe, I’ve, hasn’t, who’ve, “ I’m, I’m, Jeffries, Chuck Schumer, Nancy Pelosi, James Clyburn —, Schumer, Clyburn, Pelosi, Jerry Nadler, Adam Smith, Mark Takano, Joe Morelle —, Sen, Mark Warner, Warner, Jen O’Malley Dillon, Wes Moore, O’Malley Dillon, Moore, , ” Moore, we’re Organizations: Washington CNN, Capitol, CNN, Democratic Convention, Trump, House, Hill Democrats, Capitol Hill, Democratic, Democrats, Biden, ABC News, Judiciary, Armed Services, Veterans Affairs, Administration, Virginia Democrat, Warner, Maryland Gov, White Locations: , Washington
Gold eases from May peak on profit taking
  + stars: | 2024-07-08 | by ( ) www.cnbc.com   time to read: +2 min
A view of ingots of 99.99 percent pure gold, which are placed in a workroom, at Novosibirsk Refining Plant, Russia's leading gold refining and bar manufacturing plant, in Novosibirsk, Russia on Sept. 15, 2023. Spot gold fell 0.4% at $2,382.17 per ounce as of 0346 GMT, after rising to its highest level since May 22 on Friday. Traders are also pricing in a rising chance of a second rate cut in December. Elsewhere, top consumer China's central bank refrained from gold purchases to its reserves for a second consecutive month in June. "China may have paused their gold purchases, but it remains in demand overall.
Persons: We're, Kyle Rodda, CME's, Jerome Powell's, Powell, Matt Simpson, bullish, Simpson Organizations: Novosibirsk Refining Plant, Capital.com, Federal, Fed Locations: Novosibirsk, Russia, China
For those in the top 1%, who make at least $1 million, that equates to a tax cut of about $70,000, on average, in 2027. The top 0.1%, who make at least $5 million, would pocket a tax cut of nearly $280,000, on average, or about 3% of their after-tax income. The TCJA contained a bevy of individual income and corporate tax reductions, making it one of the largest tax cut packages in US history. Unlike the individual tax provisions, most of the corporate measures are permanent. The deduction, which also expires at the end of 2025, allows these taxpayers to exclude up to 20% of their business income from their federal income tax.
Persons: Donald Trump’s, Trump, Joe Biden, ” Harold Gleckman Organizations: CNN, Urban, Brookings Tax, Center, White, Trump, Tax, Congressional, Office Locations: November’s
President Joe Biden has recently faced calls to move aside for another Democratic nominee. Prof. Allan Lichtman, who predicted 9 out of 10 elections since 1984, says it could be a bad idea. Biden checks off more of the 13 key questions than Kamala Harris, Lichtman told WSJ. AdvertisementA professor and historian who successfully predicted the last 9 out of 10 elections since 1984 believes President Joe Biden is still the safest bet for Democrats. This story is available exclusively to Business Insider subscribers.
Persons: Joe Biden, Allan Lichtman, Biden, Kamala Harris, Lichtman, , Donald Trump, Gretchen Whitmer, Gavin Newsom Organizations: Democratic, Service, Michigan, California Gov, Business Locations: California
The House Democrats who said Biden should drop out of the 2024 race were Reps. Adam Smith of Washington, Jerry Nadler of New York, Mark Takano of California and Joe Morelle of New York. Some House Democrats in battleground districts are weighing whether to distance themselves from Biden. "President Biden is a good man & I appreciate his lifetime of service," she wrote in a post to X. During the interview, Biden dismissed the calls for him to step aside and said only the "Lord Almighty" could get him to reconsider his presidential bid. "Look, I mean, if the Lord Almighty came down and said, 'Joe, get out of the race,' I'll get out of the race," Biden said during the interview.
Persons: Joe Biden, Biden, Adam Smith of, Jerry Nadler, Mark Takano, Joe Morelle, Smith, Nadler, Takano, Morelle, Hakeem Jeffries, Donald Trump, Kamala Harris, Trump, Susan Wild, Angie Craig, Maxine Waters, Barbara Lee, Frederica Wilson, Wilson, he's, George Stephanopoulos, Almighty, Joe, Almighty's Organizations: WASHINGTON —, Congress, Democrats, NBC News, Armed Services, Veterans ' Affairs Committee, House Administration Committee, House Democratic, Biden, Congressional, Caucus, NBC, California Democratic, Trump, Rep, ABC News, Capitol Locations: Adam Smith of Washington, York, California, New York, Congress, House, D, Pennsylvania
AdvertisementFor Israel, a larger war with Hezbollah would look very different from the full-scale conflict it's fighting against Hamas in Gaza. Before the 2006 Lebanon War, a monthlong conflict fought against Israel, Hezbollah maintained some 15,000 projectiles. REUTERS/Avi OhayonBut a larger Hezbollah war could overwhelm some of these systems, a scenario that has caused concern in Washington. During the 2006 war, Hezbollah fired somewhere between 100 and 200 rockets per day at Israel, according to estimates cited by the Foundation for Defense of Democracies think tank. More than two dozen soldiers and civilians have already been killed in Israel, and in Lebanon, that figure has surpassed 450.
Persons: , Ariel Schalit, Daniel Byman, MAHMOUD ZAYYAT, Avi Ohayon, Stringer, Rami Shlush, Antony Blinken Organizations: Service, Hezbollah, Tehran —, Business, United Nations, Israel, Hamas, AP, Center for Strategic, International Studies, Getty, Institute for National Security Studies, CSIS, REUTERS, Foundation for Defense, Democracies, Israel Communications, Research Center, Congressional Research Service, Institution Locations: Israel, Iran, Lebanon, Tehran, Gaza . The Lebanon, Kiryat Shmona, Gaza, Lebanese, Nabatiyeh, AFP, Israeli, Washington, Khiam, Israel's
Biden shepherded through the PACT Act , which has been described as the biggest expansion of veterans benefits in a generation. "Someone who may have had a rare cancer that was benefited by the PACT Act, that's the most important thing to them. President Joe Biden delivers a speech about the PACT Act at the Westwood Park YMCA in Nashua, New Hampshire. After Jackson's bid ended, Robert Wilkie, who had been working at the Pentagon, was nominated and confirmed as VA secretary. Denis McDonough, who was Obama's chief of staff, has served as VA secretary since the beginning of the Biden administration.
Persons: , Joe Biden, Donald Trump, Biden, Trump, Patrick Murray, Military.com, John Tully, Joe Parsetich, Barack Obama, Cheriss, VFW's Murray, Donald J, Veterans Affairs David Shulkin, Michael Reynolds, Trump's, David Shulkin, Obama, Shulkin, Ronny Jackson, Jackson, Jackson's, Robert Wilkie, Veterans Affairs Denis McDonough, Chip Somodevilla, Denis McDonough, Donald Remy, Tanya Bradsher, McDonough Organizations: Service, Business, Department of Veterans Affairs, Biden shepherded, Veterans, Foreign, PACT, American, Westwood, Getty, Disabled American Veterans, White, Biden, US, Veterans Affairs, Wimbledon, Shulkin, White House, Pentagon, Trump, Cross Locations: France, Nashua , New Hampshire, Rose, Trump's, Europe, Texas
Biden is 81 years old and, if he completes another term, would be 86 by the end of his presidency. There is a move he can take to help turn the tides: Release the Hur tapes. In later testimony before Congress, Hur said Biden "himself put his memory squarely at issue." His White House lawyers also wrote letters objecting to the language, writing Hur characterized Biden's memory "in sweeping, quasi-medical terms." The audio of Biden's interview could be manipulated by deepfakes in a politically volatile moment, they say.
Persons: , Joe Biden, Donald Trump, Biden, Robert Hur, Hur, Beau Biden, Karine Jean, Pierre, General Merrick Garland, Garland, Joe Biden's, Win McNamee, deepfakes, Bob Bauer, Charles Tobin, Ballard Spahr, Tobin Organizations: Service, Business, ABC, Justice, White, White House Press, Justice Department, Republicans, Judicial Locations: Washington ,
CNN —Amid the ongoing fallout from Joe Biden’s debate performance, talk in many top Democratic circles has already moved to who Kamala Harris’ running mate would be. A more open race, these top Democrats hope, would be for Harris’ running mate, with a focus on leading Democratic governors. “President Biden is our nominee, Vice President Harris is our running mate, and we will win this November,” he said. The anti-Trump coalition cannot afford to discount the strengths of the nominated Democratic running mate and current vice president. Harris’ answer: She’d turn around and say to him, “Why are you being so weird?”As vice president, Harris has tended to be known more for her word salads than sharp elbows like that.
Persons: CNN —, Joe Biden’s, Kamala Harris ’, Biden, Harris, That’s, it’s, Donald Trump’s, Harris ’, Roy Cooper, Andy Beshear, Josh Shapiro, J.B . Pritzker, Tim Walz, , they’ve, , hasn’t, We’ve, , Tim Ryan, he’s, ” Biden, Kevin Munoz, Harris —, I’ve, Kamala ” —, , it’s Kamala, “ Kamala Harris, Kamala, She’s, Nanette Barragán, ” she’s, ” Barragán, Biden’s, Timmaraju, she’s, Harris Harris, Biden metastasizing, Ezra Levin, Gregory Meeks, Trump Harris, Hillary Clinton, CNN’s Anderson Cooper, Jill Biden, ” Brian Fallon, Cooper, Beshear, ” Cooper, He’s, CNN’s Jeff Zeleny Organizations: CNN, Democratic, Biden, North Carolina Gov, Kentucky Gov, Pennsylvania, J.B, Illinois, NFL, Trump, , California Democrat, Congressional Hispanic Caucus, Democrats ’, Democratic doubters, Congressional Black Caucus, Democratic Party, New, CBC, Republican Locations: Minnesota, Alabama, Wisconsin, Ohio, California, Milwaukee, Detroit, Philadelphia, Atlanta, New York, North Carolina, Kentucky, Virginia , Montana, Iowa
Representative Hakeem Jeffries, Democrat of New York and the minority leader, has scheduled a virtual meeting on Sunday with senior House Democrats to discuss President Biden’s candidacy and the path forward, according to a senior official familiar with the plan. The session, which is to include the ranking members of congressional committees who make up the top echelons of the party in the House, comes at a time of profound worry among Democrats on Capitol Hill about Mr. Biden’s poor performance at last week’s presidential debate. House Democrats have not met as a group since, even as concerns have mounted about Mr. Biden’s viability as a candidate and the impact he could have on his party’s ability to win back control of the chamber and hold the Senate should he remain in the race. Mr. Jeffries has been in listening mode all week, refraining from pressuring Democrats to rally around the president but also encouraging them not to be rash in their public pronouncements as Mr. Biden and his team determine the best path forward. But Democrats have begun to splinter.
Persons: Hakeem Jeffries, Biden’s, Jeffries, Biden, Lloyd Doggett of, Raúl, Seth Moulton of, Mike Quigley Organizations: Democrats, Capitol, Locations: New York, Lloyd Doggett of Texas, Arizona, Seth Moulton of Massachusetts, Illinois
President Joe Biden is facing an uprising from some his own party's wealthy donors, including an heiress to the Disney family fortune, who say they will no longer fund the Democratic Party until Biden drops out of the presidential race following his disastrous debate performance. The president has said he has no plans to withdraw from the race, despite calls for him to do so. "I intend to stop any contributions to the party unless and until they replace Biden at the top of the ticket. Disney pointed to Vice President Kamala Harris as a solid alternative to Biden, arguing she'd be able to defeat Trump. Jurvetson is among the top 50 donors this cycle across the country, donating over $5 million to Democrats, according to OpenSecrets.
Persons: Joe Biden, Donald Trump's, Disney, Biden, Abigail Disney, Roy O, Donald Trump, Lloyd Doggett, Jane Fonda, Kamala Harris, she'd, quibbling, Gideon Stein, he's, Stein, I've, Karla Jurvetson, Jurvetson Organizations: U.S, Supreme, Republican, White, Democratic Party, Walt Disney Company, CNBC, Trump, New York Times, Sienna, Representatives, Disney, Biden, Democratic, FEC Locations: Washington , U.S, Texas
Owens’ grandson Stuart Owen Rankin describes the track and field great’s actions as a “thumb in the eye” to Hitler. Fox Photos/Hulton Archive/Getty Images‘A bond, a brotherhood, a connection’Another enduring memory from the 1936 Games was Owens’ connection with the German long-jumper Luz Long. Owens and Long were seen as the two favorites to compete for the gold medal in the long jump at the Berlin Games. According to Rankin, Owens said Long offered him advice on how to not overstep, which was an issue the US athlete was having in the long jump qualifying competition. DHM/ullstein bild/Getty Images)StridesAfter the Berlin Games, widespread, institutionalized racism and segregation in the US meant Owens’ achievements weren’t fully appreciated when he returned home.
Persons: Jesse Owens, Adolf Hitler, White, Owens, Owens ’, Stuart Owen Rankin, Hitler, , ” Rankin, CNN’s Don Riddell, ” Jesse Owens, Luz Long, Long, Rankin, ” Owens, Juergen, Shutterstock Rankin, ” Long, scrolled, Julia Long, Long’s, , Julia, weren’t, AP Owens, Gerald Ford, George H.W, Bush Organizations: CNN, Olympics, Nazi, Fox, Berlin Games, American, Games, AP, White Locations: Berlin –, Nazi Germany, Berlin, White, American, Munich, York, United States, America
U.S. President Joe Biden delivers remarks on the Middle East in the State Dining room at the White House in Washington, U.S., May 31, 2024. For likely voters, Trump led Biden by a slightly smaller 6-point margin, though that was 3 points higher than before the debate. The New York Times poll surveyed 1,532 registered voters across the country from June 28 to July 2. While Biden's campaign continues its blitz, pressure mounts for the president to consider bowing out of the 2024 race. In response, the White House and the Biden campaign have rolled out a slate of events for the coming week to reassure the public.
Persons: Joe Biden, Biden, Donald Trump, Kamala Harris, Nancy Pelosi, Chuck Schumer, Jim Clyburn, Hakeem Jeffries, Sen, Chris Coons, Earl Ingram, Andrea, Sanders, Karine Jean, Pierre, Trump, Pelosi, Clyburn, Lloyd Doggett, Jared Golden, Jean Organizations: White, White House, Democratic, NBC, Capitol Hill, Civic Media Network, WURD Radio, NBC News, Trump, New York Times, Siena, Biden, CNN, ABC, Democrat, ABC News, NATO Locations: Washington , U.S, D, U.S, Texas, Wisconsin, Pennsylvania
Read previewPresident Joe Biden is set to meet with Democratic governors on Wednesday as he tries to fend off growing concern about his ability to beat Donald Trump. Related storiesFormer Democratic House members, party strategists, and candidates have also issued similar calls, some urging Vice President Kamala Harris to replace Biden on the Democratic ticket. President Biden should withdraw from this race." Meanwhile, an anonymous House Democratic aide told Reuters that 25 Democratic members of the House are preparing to urge Biden to pull out of the race if he appears shaky in the coming days. AdvertisementPresident Lyndon B. Johnson dropped out of the race in 1968, and his vice president, Hubert Humphrey, entered the Democratic primary but went on to lose the election to former Vice President Richard Nixon.
Persons: , Joe Biden, Donald Trump, Biden, Lloyd Doggett, Doggett, Kamala Harris, Tim Ryan, Harris, Adam Frisch, James Carville, Lyndon B, Johnson, Hubert Humphrey, Richard Nixon, David Muir Organizations: Service, Democratic, White, Reuters, Business, Trump, Democratic House, Democrat, CNN, Democratic Party, ABC News Locations: Texas, Biden's
CNN —In the first week of a new Trump administration, President Joe Biden’s climate wins would get put through the shredder. “He has said he’s going to come back with a vengeance,” former US special climate envoy John Kerry told CNN. He has railed against Biden’s climate policies at rallies and derided clean energy, vowing to push America back to fossil fuels. He has openly courted the oil industry at fundraising events, the Washington Post reported, promising regulation rollbacks in exchange for campaign cash. It could happen “very fast,” said David Bernhardt, who served as Interior Secretary in the Trump administration.
Persons: Trump, Joe Biden’s, nix, , John Kerry, it’s, , Joe Biden, ” Trump, Karoline Leavitt, Leavitt, Anna Moneymaker, ” Mandy Gunasekara, David Bernhardt, Bernhardt, Biden, Trump’s, Sarah Palin, ’ pocketbooks, Diana Furchtgott, Roth, Gavin Newsom, ” Newsom, “ We’re, Newsome, David Paul Morris, John Bozzella, Bozzella, ” Bozzella, he’s, ” Bob McNally, George W, Bush, Scott Olson, , ” Bernhardt, McNally, ” McNally, ’ Trump, Nate Hultman, Frederic J . Brown, haven’t, Kerry, ” Kerry, CNN’s Alayna Treene, Bill Weir, Julian Quinones Organizations: CNN, Trump, Washington Post, White, Environmental, Agency, EVs, Environmental Protection Agency, Republicans, Treasury Department, Former Trump Department of Transportation, Heritage Foundation, California Gov, Bloomberg, Alliance, Automotive Innovation, Biden, Fox News, Energy, Rapidan Energy Group, Bush White House, US Energy Information Administration, Trump Interior, Trump’s, Center for Global Sustainability, University of Maryland, State Department, Getty, United Nations Locations: Alaska, Paris, United States, Philadelphia, California, Washington ,, San Francisco, CNN California, Montebello , California, AFP
Under the University of Virginia Center for Politics' current projections, there are five true toss-up states: Michigan, Wisconsin, Pennsylvania, Arizona, and Nevada. The reality is that if Biden is stuck playing defense in states Democrats usually win, Trump's return to the White House will be a foregone conclusion. The only question then will be how many Electoral College votes would the former president win. "If Biden's position gets worse, that's when you see maybe a Virginia or New Mexico get in play," Kondik said. Virginia, New Hampshire, New Mexico, or Minnesota are not going to be the states that put Trump over 270.
Persons: Joe Biden's, Nate Silver, Biden, hadn't, Trump, Crystal Ball, Kyle Kondik, Kondik, Ball, hasn't, George H.W, George H.W . Bush, Robert F, Kennedy Jr, Jen O'Malley Dillon, O'Malley Dillon, There's, Trump's, Harry Enten, Biden's, 8KhJEsd8Dc —, Kamala Harris, Gretchen Whitmer, Gavin Newsom, Lloyd Doggett, we're Organizations: Service, Nebraska, Trump, Business, Sun, Lean, University of Virginia Center, Politics, Electoral College, Republican, Saint Anselm College, Biden, Independent, Granite, Democratic National Convention, California Gov Locations: Michigan , Wisconsin, Omaha, Midwest, Arizona, Georgia, Michigan, Minnesota, Michigan , Wisconsin , Pennsylvania, Nevada, Virginia, New Mexico, Maine, Nebraska, George H.W ., New Hampshire, Granite State, Florida, Texas, Virginia , New Hampshire , New Mexico
A string of whistleblowers this year has raised allegations about Boeing factory lapses, including an official federal complaint from a current employee that Boeing hid potentially defective parts from Federal Aviation Administration inspectors, and that some of those parts likely ended up in planes. Most of the parts that were meant to be scrapped were often painted red to signify they were unsuitable for assembly lines, Meyers said. In a statement to CNN, Boeing did not dispute Meyers’ allegations. Meyers describes a pressure-packed environment at the Everett factory, where assembly teams competed with each other to find the parts they needed. Workers assemble Boeing Co. 787 Dreamliner airplanes at the Boeing Everett Factory in Everett, Washington.
Persons: CNN —, Merle Meyers, Meyers ’, Meyers, , ” Meyers, , Max, Dave Calhoun, Sam Mohawk, Richard Cuevas, Aerosystems, Patrick T, Pete Muntean Organizations: CNN, Boeing, Everett, Federal Aviation Administration, Company, New York Times, FAA, Justice Department, Occupational Safety, Health Administration, Engineering, Workers, Boeing Co, Boeing Everett Factory, Fallon, Bloomberg Locations: Everett , Washington, Auburn , Washington
Washington CNN —President Joe Biden has privately acknowledged that the next stretch of days are critical to whether he can save his reelection bid for president, making clear to an ally Tuesday that he understands what would prompt him to accept: “It’s just not working.”“He sees the moment. “He’s not oblivious.”In the days since Biden’s stunningly halting debate showing, Democrats across the country have expressed grave concern. Some elected officials have even begun to publicly call on Biden to drop out for the good of the party. Since the debate, Biden has faced one of the toughest stretches of his presidency and his reelection campaign is reeling. Campaign officials are scrambling to calm donors who were shocked by Biden’s performance.
Persons: Joe Biden, , , “ He’s, Biden, ” –, , ’ ” Biden, , ” Biden, Biden campaign’s dismissiveness, CNN’s Michael Williams Organizations: Washington CNN, CNN, The New York Times, White House, Democratic, Biden campaign’s Locations: France, Italy, Virginia
On Tuesday, Mr. Biden suffered his first formal call to resign from the race from a Democratic member of Congress. At the White House press briefing on Tuesday, Karine Jean-Pierre, the White House press secretary, faced a nearly hourlong barrage of questions about the president’s abilities, medications and physical examinations, including whether he had received a neurological test. But he also preemptively announced whom he would endorse if Mr. Biden departed the ticket. Period.”Image Many Democrats worry that Mr. Biden has moved too slowly to confront fears about his mental fitness and stamina. “I came back and nearly fell asleep onstage,” Mr. Biden said.
Persons: Biden, wringing, Mr, Biden “, Nancy Pelosi, Puck, Biden’s, George Stephanopoulos, Kamala Harris, David Walter Banks, Hakeem Jeffries, Chuck Schumer, Jeffries, Tim Walz, Karine Jean, Pierre, , Jean, Trump, Jeff Zients, Jen O’Malley Dillon, James E, Harris, preemptively, , ” Mr, Clyburn, Ms, Joe Biden’s, Joe Biden, Haiyun Jiang, Jared Golden of, Marie Gluesenkamp Perez, Washington —, Sheldon Whitehouse, Lloyd Doggett of, Doggett, Privately, Dan Sena, Gavin Newsom, Pete Buttigieg, Gretchen Whitmer, David Walters of, David, Katie Glueck, Nicholas Nehamas Organizations: Democratic Party, Democratic, Biden, PAC, Republicans, White, ABC News, Credit, The New York Times, Gov, Democratic Governors Association, White House, Mr, MSNBC, CBS News, Trump, House Democratic, CNN, Transportation, Former Gov, Democratic National Committee, Locations: New Mexico , New Hampshire, Virginia, Pennsylvania, Wisconsin, Washington, Minnesota, South Carolina, San Francisco, Rhode, Lloyd Doggett of Texas, Austin, Trump, California, Michigan, David Walters of Oklahoma, McLean , Va, Europe
The Biden campaign sent out a pair of memos on Wednesday — one to staff members and another to Congressional Democrats — attempting to quell concerns about President Biden’s struggling re-election effort as a growing chorus of Democrats publicly vented its frustrations and fears that he could lose in November. The memos, obtained by The New York Times and first reported by Politico, highlighted internal polling that showed a close race between Mr. Biden and Donald J. Trump, as well as Mr. Biden’s strong June fund-raising. “Our internal battleground toplines from last night show a steady race: we estimate that we’re down just 1 point in margin,” Jennifer O’Malley Dillon, the Biden campaign chair, and Julie Chavez Rodriguez, the campaign manager, wrote in the memo to campaign staff members. Two House Democrats have publicly said they believe Mr. Biden will be defeated in November. Another called for him to drop out of the race.
Persons: Congressional Democrats —, Biden’s, Biden, Donald J, Trump, Jennifer O’Malley Dillon, Julie Chavez Rodriguez, Mr Organizations: Biden, Congressional Democrats, The New York Times, Politico, Democrats
President Biden should do the same,” Doggett said in his statement Tuesday. “There’s a large and increasing group of House Democrats concerned about the president’s candidacy, representing a broad swath of the caucus,” another House Democratic lawmaker told CNN on condition of anonymity to speak candidly. They have held off going to Biden directly, hoping he would make the decision himself, but patience is wearing thin, multiple Democrats told CNN, amid signs that Biden has taken no steps to seriously consider the mounting concerns. President Joe Biden, first lady Jill Biden, and their granddaughters Finnegan and Natalie Biden head to Camp David on June 29, 2024. House Democrats are deep into their own polling, assessing how much damage has been done.
Persons: Joe Biden’s, Lloyd Doggett of, Lyndon Johnson, Biden, ” Doggett, , , ” Biden, George Stephanopoulos, Camp David, Obama, Barack Obama’s, Mitt Romney, Mike Quigley, Kasie Hunt, who’s, Nancy Pelosi, ” Pelosi, Donald Trump, Trump, Kamala Harris, Hakeem Jeffries, Jeffries, Jill Biden, “ Joe isn’t, , Delaware Sen, Chris Coons, George W, Sen, Sheldon Whitehouse, Joe Biden, Finnegan, Natalie Biden, Haiyun Jiang, , Jen O’Malley Dillon, Andrew Weinstein, Phil Murphy, ” Murphy, CNN’s Brianna Keilar, Jake Tapper, Annie Grayer Organizations: CNN, Democratic, House Democrats, Biden, ABC News, Camp, Republican, Capitol Hill Democratic, , House, Senate, MSNBC, California Democrat, Monday, , Trump, Democratic National Convention, Democratic Party, Hamptons, Saturday, ABC, White, New York Times, Minnesota, New York Times Editorial, Democratic National Committee, campaign’s National Finance Committee, New Locations: Delaware, Lloyd Doggett of Texas, California, North Carolina, Virginia, New Jersey, Rhode Island, Wilmington, , Michigan, Ukraine
Yet, in a year of elections around the world, politicians are largely ignoring the problem, unwilling to level with voters about the tax increases and spending cuts needed to tackle the deluge of borrowing. In France, political turmoil has exacerbated concerns about the country’s debt, sending bond yields, or returns demanded by investors, soaring. “Many (politicians) are not willing to talk about the hard choices that are going to need to be made. Despite growing alarm over the federal government’s debt pile, neither Joe Biden nor Donald Trump, the main 2024 presidential candidates, are promising fiscal discipline ahead of the election. Former Prime Minister Liz Truss triggered a collapse in the pound in 2022 when she tried to force through big tax cuts funded by increased borrowing.
Persons: ” Roger Hallam, Karen Dynan, ” Kenneth Rogoff, , don’t, Joe Biden, Donald Trump, Biden, Paul Johnson, William Ruto, Liz Truss, hasn’t, Emmanuel Macron, Dynan, it’s Organizations: London CNN, Monetary Fund, Investors, Vanguard, CNN, US Treasury, Harvard Kennedy School, Harvard University, , Congressional, CBO, Trump, Fiscal Studies, United Kingdom, Former Locations: United States, France, Germany, Kenya
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