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☆ Biden Welcomes Indian Leader With a 21-Gun Salute
▼ + stars: | 2023-06-22 | by ( Mujib Mashal | Karoun Demirjian | ) www.nytimes.com time to read: +8 min

Mr. Biden celebrated India’s rise with a lavish display of friendship marked by marching bands, honor guards and a 21-gun salute on the South Lawn, to be followed by an Oval Office meeting and a gala state dinner. Mr. Modi agreed to join Mr. Biden in the East Room to meet with journalists and will also address a joint session of Congress in the afternoon. Image The scene on the South Lawn in the morning underscored the rising role of Indian Americans in the United States. Image Mr. Modi suggested the two nations could tackle international challenges in tandem. Credit... Pete Marovich for The New York TimesMr. Biden pointed to the prevalence of Indian Americans in prominent positions.

Persons: Biden, Narendra Modi, Modi, “, ” Mr, ’, Mr, ”, Doug Mills, China’s, Atomics, Biden’s, Alexandria Ocasio, Cortez, “ Modi, Pete Marovich, Kamala Harris, Harris, Harris’s, Erin Schaff, Joshua Bell Organizations: White, “, New York Times, Artemis Accords, International Space Station, General Electric, Hindustan Aeronautics Limited, Boeing, Biden, New York Times “ Equity, United States, ”, Cortez of New York, Twitter, The New York Times, Mr, The New York, Penn Masala, University of Pennsylvania, U.S . Marine Locations: India, United States, Russia, China, U.S, Moscow, Beijing, American, Ukraine, Russian, New York Times India, New Delhi, Cortez of New, portobello, Asian

Mr. Modi agreed to join Mr. Biden in the East Room to meet with journalists and will also address a joint session of Congress in the afternoon. Image The scene on the South Lawn in the morning underscored the rising role of Indian Americans in the United States. Image Mr. Modi suggested the two nations could tackle international challenges in tandem. They considered it a victory that the administration had persuaded Mr. Modi, who famously refuses to hold news conferences, to meet with reporters alongside Mr. Biden, as most major world leaders do when they visit the White House. Credit... Pete Marovich for The New York TimesMr. Biden pointed to the prevalence of Indian Americans in prominent positions.

CNN —When President Joe Biden referred to his Chinese counterpart as a dictator late Tuesday in California, the response from Beijing was swift and angry. Whether the new acrimony further derails a “thaw” in US-China ties, something that Biden has openly hoped for, remained an open question. “He didn’t know about it,” Biden told donors. Biden and Xi last met at a G20 conference in Bali. “You just saw what’s happened in Italy in that election,” Biden told the donors and Democratic officials at a Washington, D.C. fundraiser.

Persons: Joe Biden, ”, Biden, Xi Jinping, ” Biden, –, Antony Blinken, Blinken, Blinken hasn’t, Blinken’s, “, John Kerry, Xi, Donald Trump, John Kirby, Kirby, “ We’re, Dmitry Peskov, Peskov, Vladimir Putin’s, Emmanuel Macron Organizations: CNN, White, Democratic, APEC, Biden, Mar, National Security, Japan –, New York City Locations: California, Beijing, China, Marin County, “, –, Washington, India, Bali ., San Francisco, United States, Australia, Japan, Russia, New York, Italy, America, Cornish, England

CNN —Hunter Biden, the son of President Joe Biden, will plead guilty to two tax misdemeanors and struck a deal with federal prosecutors to resolve a felony gun charge, the Justice Department said Tuesday in court filings. Trump criticized the Hunter Biden plea deal on Truth Social. Hunter Biden’s legal team sought a meeting with the Justice Department in April, which Weiss attended, and where Hunter Biden’s lawyers gave a presentation detailing why they believe Hunter Biden shouldn’t be charged. Part of their argument included that Hunter Biden paid back taxes owed, including penalties. Correction: This story has been updated to reflect that Hunter Biden is pleading guilty to two tax charges and struck a deal to resolve the gun charge.

Persons: CNN — Hunter Biden, Joe Biden, Hunter Biden, Biden, Donald Trump, Trump, David Weiss, Hunter, Christopher Clark, Department’s, “ Hunter, ” Clark, ” “, ”, Ian Sams, Hunter Biden’s, Weiss, Hunter Biden shouldn’t, Prosecutors, Clark, “, Garland, Justice Department wouldn’t, Christopher Wray, he’s, Beau . Hunter Biden, Melissa Cohen, Jake Tapper, –, He’s, ” Joe Biden, Department’s prosecutorial, “ I’m, I’m, Tapper, “ That’s, it’s, General Merrick Garland, Justice Department’s, CEFC, Obama Organizations: CNN, Justice Department, Internal, Service, Trump, Government, House, Truth, Biden DOJ, Republican, Democratic, IRS, FBI, Department, people’s Justice Department, Hunter, Justice, CEFC China Energy, White, Yorker, State Department Locations: Delaware, Wilmington, China, Ukraine, United States

[1/2] U.S. President Joe Biden delivers remarks at the League of Conservation Voters annual dinner in Washington, U.S., June 14, 2023. REUTERS/Jonathan ErnstWASHINGTON, June 14 (Reuters) - A collection of the nation's leading and biggest spending environmental groups endorsed President Joe Biden's re-election bid on Wednesday, an early sign that he has consolidated their support despite some recent policy moves that angered climate activists. The League of Conservation Voters (LCV) Action Fund, billionaire Tom Steyer's NextGen PAC, NRDC Action Fund and the Sierra Club endorsed Biden during an LCV dinner in Washington. This is the first time the four groups have ever jointly announced a presidential endorsement, according to the Biden campaign. The groups represent the mainstream part of the environmental movement and tend to reflect older voices.

Persons: Joe Biden, Jonathan Ernst WASHINGTON, Joe Biden's, Tom Steyer's NextGen, Biden, we've, Eva Hernandez, Steyer's NextGen, Trevor Hunnicutt, Jarrett Renshaw, Mary Milliken, Lisa Shumaker Organizations: League of Conservation Voters, REUTERS, The, of Conservation Voters, Fund, Tom Steyer's NextGen PAC, Sierra Club, White, Steyer's NextGen PAC, Reuters, Thomson Locations: Washington , U.S, Washington, Alaska, West Virginia, California

☆ Key environmental groups endorse Biden despite approval of fossil fuel projects
▼ + stars: | 2023-06-15 | by ( Emma Newburger | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden delivers remarks at the League of Conservation Voters annual dinner in Washington, U.S., June 14, 2023. Four of the country's largest environmental groups have endorsed President Joe Biden's reelection bid despite disapproval from climate activists over his administration's support of fossil fuel plans, including the approval of an oil drilling project in Alaska and a natural gas pipeline in West Virginia. Some smaller climate groups, however, are withholding their support and condemning the president for breaking his early campaign promise to end all oil and gas drilling on federal lands. The Biden administration has since mandated the sale of offshore drilling leases, sped up completion of the Mountain Valley Pipeline as part of a debt limit bill and approved a controversial Alaska drilling project called Willow. Endorsing groups said that while they'll continue to hold the administration accountable for fossil fuel projects, having Biden for a second term is critical for progress on other climate initiatives.

Persons: Joe Biden, Joe Biden's, Biden, Kamala Harris, they'll Organizations: League of Conservation Voters, The, of Conservation Voters, Sierra Club, Natural Resources Defense Council, NextGen America Locations: Washington , U.S, Alaska, West Virginia, Washington ,

☆ US House resumes passing bills amid Republican infighting
▼ + stars: | 2023-06-13 | by ( David Morgan | ) www.reuters.com time to read: +3 min

WASHINGTON, June 13 (Reuters) - The U.S. House of Representatives returned to the job of legislating on Tuesday, after a week-long standoff between Speaker Kevin McCarthy and a small group of hardline Republican conservatives ended in a temporary truce. The firearms bill, brought by hardline conservative Representative Andrew Clyde, would repeal new firearms restrictions on "stabilizing braces," which functionally convert pistols into short-barreled rifles. The House then voted 248-180 to pass the Gas Stove Protection and Freedom Act, the first of two Republican gas stove bills that the House is considering this week. Lawmakers are also due to take up massive bills renewing U.S. military programs and setting American agriculture policy for the next few years. Reporting by David Morgan and Richard Cowan; Editing by Jonathan Oatis and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Kevin McCarthy, Andrew Clyde, McCarthy, Joe Biden, Biden, Jim McGovern, David Morgan, Richard Cowan, Jonathan Oatis, Stephen Coates Organizations: U.S . House, Representatives, Republican, Gas, Protection, Product Safety, Democratic, Thomson

☆ U.S. House breaks legislative logjam, advances Republican bills
▼ + stars: | 2023-06-13 | by ( David Morgan | ) www.reuters.com time to read: +1 min

WASHINGTON, June 13 (Reuters) - The Republican-controlled U.S. House of Representatives voted on Tuesday to allow debate on five bills, ending a week of legislative paralysis forced on the chamber by hardline Republican conservatives. Lawmakers voted 218-209 to take up legislation that was delayed last week by a protest over the debt ceiling deal between Republican Speaker Kevin McCarthy and Democratic President Joe Biden that passed the House on May 31. The procedural vote clears the way for House passage of the legislation. The bills stand little chance of success in the Democratic-controlled Senate. The protest by roughly a dozen conservative hardliners shuttered the House floor for two days and forced McCarthy to send lawmakers home early last week.

Persons: Kevin McCarthy, Joe Biden, McCarthy, Biden, David Morgan, Andy Sullivan, Jonathan Oatis Organizations: Republican, House, Democratic, Thomson

☆ Bernie Sanders vows to oppose NIH nominee until Biden delivers plan to lower drug prices
▼ + stars: | 2023-06-13 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

Sen. Bernie Sanders vowed to oppose President Joe Biden's pick to lead the National Institutes of Health – and any other health nominee – until the administration delivers a plan to lower prescription drug prices. Sanders, who chairs the Senate Health Committee, controls when his panel reviews nominees for the Department of Health and Human Services. A provision of the act penalizes drugmakers for charging prices that rise faster than inflation for people on Medicare. Lawmakers, researchers and advocates have repeatedly warned that drug prices in the U.S. outpace those in other nations and ultimately harm Americans who need to access lifesaving treatments. A provision of the act penalizes drugmakers for charging prices that rise faster than inflation for people on Medicare.

Persons: Bernie Sanders, Joe Biden, Sen, Joe Biden's, –, Sanders, Biden, Monica Bertagnolli Organizations: Capitol Hill, National Institutes of Health, Washington Post, Health, Department of Health, Human Services, National Cancer Institute, White House, Post, Medicare, Lawmakers, Democratic, NIH Locations: Washington, Vermont, U.S

☆ Biden to host Jennifer Hudson, Wu-Tang's Method Man at Juneteenth concert
▼ + stars: | 2023-06-13 | by ( Andrea Shalal | ) www.reuters.com time to read: +2 min

[1/2] Method Man (C) and Streetlife (R) of rap band Wu-Tang Clan perform at the Montreux Jazz Festival July 18, 2007. REUTERS/Denis Balibouse (SWITZERLAND)/File PhotoWASHINGTON, June 13 (Reuters) - President Joe Biden will host the White House's first big Juneteenth celebration, a concert featuring performances by Oscar-winning singer Jennifer Hudson, hip-hop group Wu-Tang Clan's Method Man and marching bands from historically black universities in Tennessee and Maryland. Other performers include dance group Step Afrika!, singer Ledisi, choirs from more historically black colleges and universities, and a Broadway choir. Biden declared Juneteenth - a portmanteau of June and 19th, also known as Emancipation Day - a federal holiday in 2021. U.S. presidents dating back to George W. Bush have marked Juneteenth from the White House, often with a somber statement.

Persons: Wu, Tang Clan, Denis Balibouse, Joe Biden, Oscar, Jennifer Hudson, Tang, Kamala Harris, Biden, Ledisi, Karine Jean, Pierre, it's, Juneteenth, Abraham Lincoln's, George W, Bush, Andrea Shalal, Heather Timmons, Leslie Adler, Bill Berkrot Organizations: Montreux Jazz, REUTERS, WASHINGTON, White, Morgan State University, Tennessee State University, Thomson Locations: SWITZERLAND, Tennessee, Maryland, Baltimore, Nashville, Texas, Washington

Administration officials plan to maintain their silence on the Trump indictment, a reflection of Biden's view that no president should interfere with the Justice Department, administration sources said. Given that Trump is Biden's chief rival in the 2024 presidential race, the campaign should proceed carefully in any mention of the charges, some political experts say. Many fellow Republicans that are challenging Trump in 2024 have rebuked the Justice Department, not Trump, over the documents, and accused Biden of "weaponizing" the department, even though Trump's indictment was handed down by a grand jury. Even speaking off the record, many Biden officials carefully avoided giving their opinion about the 37 charges Trump faces over his handling of classified documents. And Democrats in Congress close to Biden have stressed the rule of law rather then using the occasion to take jabs at Trump.

Persons: Joe Biden, Donald Trump, Trump, Biden, Robert Reich, Bill Clinton, Jeremi Suri, Sunday Trump, Suri, ”, General Merrick Garland, Chris Coons, Trump's, Andrea Shalal, Heather Timmons, Mark Porter Organizations: White House, Justice Department, Republicans, Trump, University of California, University of Texas, Sunday, Catholic, Biden, Democrat, Committee, Thomson Locations: Berkeley, Austin, Florida, Washington, United States, Delaware, America

☆ How Samsung became the world’s No. 2 advanced chipmaker and set the stage for a U.S. manufacturing boom
▼ + stars: | 2023-06-09 | by ( Katie Tarasov | ) www.cnbc.com time to read: +5 min

In this article NVDAQCOM6758.T-JPAMATAMD2330-TW.FKRX300MUAAPL Follow your favorite stocks CREATE FREE ACCOUNTSamsung's $17 billion new chip fab is under construction in Taylor, Texas, on April 19, 2023. CNBC recently went inside Samsung's Austin chip fab, for the first in-depth tour given on camera to a U.S. journalist. Samsung got its start in 1938 as the Samsung Sanghoe Trading Company, founded by Lee Byung-chull in Korea. Just a decade after making its first memory chip, Samsung was coming to market with a version that had 1,000 times the capacity. As consumers rein in their spending in the face of rising inflation, demand for memory chips has weakened sharply.

Persons: Katie Brigham, Jon Taylor, Patel, Jinman Han, Han, Lee Byung, Lee Kun, Geoffrey Cain, weren't, Apple, Cain, Jay Y, Lee, Yoon Suk, Joe Biden, Jonathan Ernst Organizations: AMD, Samsung, Taiwan Semiconductor Manufacturing Company, Intel, they'll, CNBC, Austin, Samsung Sanghoe Trading Company, Samsung Samsung, Samsung Electronics, Samsung TV, Hankook Semiconductor, Apple, Republic of Samsung, Samsung Electronics Pyeongtaek, Reuters Locations: Taylor , Texas, TSMC, U.S, Korea, New Jersey, Silicon Valley, South Korea, Republic of, Austin , Texas, Texas, Austin, Pyeongtaek

☆ Chris Christie Is Running for the Nomination of a Party That Doesn’t Exist - The New York Times
▼ + stars: | 2023-06-08 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +3 min

But my enjoyment of his newfound Resistance shtick doesn’t bode well for Christie. The people he needs to win over are not liberal New York Times columnists, but voters who hate liberal New York Times columnists. The trick, for a Republican, is going to be painting Trump as a weak loser who will sabotage right-wing priorities. At times Christie tried to do this, as when he criticized Trump for his failure to build the border wall and repeal the Affordable Care Act. presidential nomination, would he be willing to accept the role of the presidential candidate of a 2024 center-right independent party?” Steinberg wrote in April.

Persons: Christie, ”, Trump, Alec Baldwin, Ivanka Trump, Jared Kushner —, you’ll, —, Kushner, Prince Mohammed bin Salman, doesn’t bode, “ idolizing ” Vladimir Putin, Volodymyr Zelensky, Biden, John McCain, pander, filleting, Marco Rubio, he’s, Alan Steinberg, Bush, ” Steinberg Organizations: Trump, State, New York Times, Republican, “ Locations: State of New Jersey, Saudi Arabia, Ukraine, Europe

☆ Millionaires favor DeSantis in Republican presidential primary, but support for Trump grows
▼ + stars: | 2023-06-07 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

Ron DeSantis is the favorite Republican candidate among millionaires, although their support for former President Donald Trump is growing, according to the CNBC Millionaire Survey. The share of Republican millionaires backing Trump jumped from 17% at the end of 2022. DeSantis fares better among millionaire independent voters than Trump does, as 20% favor DeSantis and 7% back Trump. In a head-to-head race between Biden and Trump, millionaires still favor Biden by a slim margin. Former Vice President Mike Pence has 10% of Republican millionaires' support, up slightly from 8% in 2022.

Persons: Ron DeSantis, Donald Trump, Trump, DeSantis, Hillary Clinton, Joe Biden, Thomas Peterffy, Biden, Mike Pence, Nikki Haley, Gavin Newsom, Kamala Harris Organizations: Florida Gov, CNBC Millionaire Survey, Republicans, GOP, Trump, Republican, CNBC Millionaire Surveys, Disney, Biden, Former South Carolina Gov, Democratic, California Gov Locations: Florida, California

☆ CIA was warned of a high-level Ukrainian plot to sabotage Nord Stream pipeline months before it was attacked: report
▼ + stars: | 2023-06-06 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +4 min

The CIA received intelligence on Ukrainian plans to attack Nord Stream months before the pipeline was sabotaged. Details about the planning was included in intelligence leaked online and obtained by The Washington Post. In the wake of the blasts that severely damaged the Nord Stream pipeline, President Joe Biden declared the incident a "deliberate act of sabotage" and said the US and its partners were working to "get to the bottom" of what exactly happened. Though Kyiv is a suspect in the attack on the Nord Stream pipeline, Russia, which has blamed the West, has also been identified as a potential suspect with the means and some motives to conduct such an attack. A senior European diplomat told The Post that when European and NATO policymakers meet, the attitude among them is generally: "Don't talk about Nord Stream."

Persons: —, Valerii, Volodymyr Zelenskyy, Joe Biden Organizations: CIA, The Washington Post, Service, Washington Post, Air National Guard, Post, Ukraine's, New York Times, NATO, Kyiv Locations: Ukraine, Ukrainian, Russia, Germany, Kyiv, Nord, Russian, Baltic, European

WASHINGTON, June 2 (Reuters) - U.S. President Joe Biden declared a "crisis averted" on Friday in his first address from the White House's Oval Office, touting the passage of a bill to suspend the U.S. debt ceiling and avoid economic catastrophe. JIM WATSON/Pool via REUTERSRepublicans refused to increase the debt ceiling for months, asking Biden and Democrats to cut spending in the 2024 budget in return. The White House asked for a clean debt ceiling deal before starting negotiations. OVAL OFFICE ADDRESSU.S. presidents have generally reserved an address from the Oval Office for the most significant, and dramatic of events: the attacks of Sept. 11, 2001, for example, or the Challenger space shuttle explosion. The White House said Biden was making his remarks there because of the gravity of the situation had the debt ceiling not been raised.

Persons: Joe Biden, Biden, Republican Kevin McCarthy, McCarthy, Donald Trump, JIM WATSON, “, ” Biden, Fitch, Ronald Reagan, George W, Bush, Barack Obama, Jeff Mason, Trevor Hunnicutt, Heather Timmons, Alistair Bell, Diane Craft Organizations: White, Republican, Senate, REUTERS Republicans, Democrat, AAA, Challenger, Union, Capitol, Thomson Locations: Washington , DC, United States, Gulf

☆ Biden hails debt ceiling deal from Oval Office
▼ + stars: | 2023-06-03 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsBiden hails debt ceiling deal from Oval OfficePostedU.S. President Joe Biden declared a "crisis averted" on Friday (June 2) in his first address from the White House's Oval Office, as he touted the passage of a bill to raise the U.S. debt ceiling and curb spending. Ryan Chang reports.

Persons: Biden, Joe Biden, Ryan Chang Organizations: White

WASHINGTON, June 2 (Reuters) - U.S. President Joe Biden declared a "crisis averted" on Friday in his first address from the White House's Oval Office, as he touted the passage of a bill to raise the U.S. debt ceiling and curb spending. [1/5] US President Joe Biden addresses the nation on averting default and the Bipartisan Budget Agreement, in the Oval Office of the White House in Washington, DC, June 2, 2023. U.S. presidents have generally reserved an address from the Oval Office for the most significant, and dramatic of events: the attacks of Sept. 11, 2001, for example, or the Challenger space shuttle explosion. The White House said Biden was making his remarks there because of the gravity of the situation had the debt ceiling not been raised. Former President Barack Obama made remarks from the Oval Office in the aftermath of the 2010 BP oil spill in the Gulf Coast.

Persons: Joe Biden, Biden, Kevin McCarthy, JIM WATSON, ” Biden, Ronald Reagan, George W, Bush, Barack Obama, Jeff Mason, Trevor Hunnicutt, Heather Timmons, Alistair Bell, Diane Craft Organizations: White, Senate, REUTERS, Fitch, AAA, Challenger, Union, Capitol, Thomson Locations: Washington , DC, United States, Gulf

“Why would Biden say what a good deal it is before the vote?” he asked reporters at one point, referring to himself in the third person. From the start of the clash with Mr. McCarthy’s Republicans, Mr. Biden has followed the instincts he has developed through long, hard and sometimes painful experience. The agreement crafted by Mr. Biden and Mr. McCarthy in the end was a whittled-down version of the original proposals on the table. Image The agreement crafted by Mr. Biden and Mr. McCarthy in the end was a whittled-down version of the original proposals on the table. Even as his allies and even his own White House issued incendiary statements, Mr. Biden acted like the person who has been there before.

Persons: Biden, ”, reticence, Kevin McCarthy, McCarthy, McCarthy’s, Mr, Jamaal Bowman, Kenny Holston, Biden’s, Ro Khanna, shrugged, —, “, Doug Mills, “ I’ve Organizations: Capitol, White, Democratic, McCarthy’s Republicans, Republicans, Republican Party, ”, New York Times, Congressional, Internal, Service, Twitter Locations: Washington, New York, reining, California

“Clean, clean, clean,” he told CNN in April, referencing the push for a clean debt ceiling resolution. He then later forced President Joe Biden to negotiate a debt limit suspension with spending cuts. “I think the Republican House caucus is willing to go to default,” said Rep. Ted Lieu, a California Democrat. A fired-up Buck, who opposed the debt limit deal, told reporters that he has received calls from constituents about removing McCarthy from the speakership. Now he says he would let us look at the document,” McCarthy told reporters.

Persons: Chuck Schumer, ”, Kevin McCarthy, McCarthy, Joe Biden, Biden, “, ebullient McCarthy, underestimating, ” McCarthy, Schumer, we’ve, ” Schumer, Ted Lieu, Ken Buck, McCarthy “, Buck, McCarthy’s speakership, Chip Roy, Dan Bishop, Scott Perry, speakership –, he’s, Ralph Norman, what’s, “ We’ve, you’ve, Wray, James Comer, Comer, Alejandro Mayorkas, Marjorie Taylor Greene Organizations: CNN, GOP, House Republicans, White, Republican, California Democrat, Republicans, Texas Republican, North Carolina Republican, Caucus, Pennsylvania Republican, South Carolina Republican, FBI, Homeland Security, Rep, Georgia Republican Locations: California, Colorado, Pennsylvania

☆ Biden trips and falls during graduation ceremony, recovers quickly
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +2 min

[1/2] U.S. President Joe Biden addresses the graduation ceremony at the Air Force Academy in Colorado Springs, Colorado, U.S. June 1, 2023. REUTERS/Kevin LamarqueCOLORADO SPRINGS, Colo., June 1 (Reuters) - President Joe Biden tripped and fell after handing out the last diploma at a graduation ceremony at the U.S. Air Force Academy on Thursday, but got up quickly and walked back to his seat. The 80-year-old U.S. president fell forward, caught himself with his hands, then got up on one knee helped by three people. After Biden was helped up, he pointed behind him, seeming to indicate what he tripped over. Biden fell as he was dismounting his bicycle last June, after snaring a foot in a toe clip, but was uninjured.

Persons: Joe Biden, Kevin Lamarque, Biden, Ben LaBolt, Donald Trump, Doctors, Steve Holland, Doina Chiacu, Heather Timmons, Tim Ahmann, David Gregorio Our Organizations: Air Force Academy, REUTERS, U.S . Air Force Academy, White House, Twitter, Republican, Thomson Locations: Colorado Springs , Colorado, U.S, Kevin Lamarque COLORADO SPRINGS, Colo, Russia, China

loadingWhile major social media platforms like Facebook, Twitter, and YouTube have made efforts to prohibit and remove deepfakes, their effectiveness at policing such content varies. In total, about 500,000 video and voice deepfakes will be shared on social media sites globally in 2023, DeepMedia estimates. Jon Smith, Republican chair for Michigan's 5th Congressional district, is holding several educational meetings so his allies can learn to use AI for social media and ad generation. Political consultancies are also seeking to harness AI, further muddying the line between real and unreal. Democratic polling and strategy group Honan Strategy Group is meanwhile trying to develop an AI survey bot.

☆ CNBC Daily Open: First the debt ceiling, then inflation
▼ + stars: | 2023-05-29 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. In fact, going by the PCE report, consumers spent more on goods and services in April than in March. This suggests inflation isn't high and moderating — as the consumer price index, another inflation reading, stated — but is high and increasing. In other words, the debt ceiling fracas might soon be over, but that means we're returning to a world of sticky inflation, high interest rates and an ever-impending recession.

☆ What's in the debt ceiling deal struck by Biden and McCarthy?
▼ + stars: | 2023-05-29 | by ( ) www.cnbc.com time to read: +4 min

U.S. President Joe Biden delivers remarks on the bipartisan budget agreement in the Roosevelt Room of the White House on May 28, 2023. A cap on discretionary spendingThe deal would suspend the $31.4 trillion debt ceiling until Jan. 1, 2025, allowing the U.S. government to pay its bills. Increased defense spendingThe deal would boost total defense spending to $886 billion, in line with Biden's 2024 budget spending proposal. Covid ClawbackBiden and McCarthy agreed to claw back much of the unused Covid relief funds as part of the budget deal. White House officials said some funds would be retained, including items related to vaccine funding, housing assistance and support for Native Americans.

☆ CNBC Daily Open: After the debt ceiling, inflation
▼ + stars: | 2023-05-29 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

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