Clyburn won't say whether Biden should run again until after midterms

CHARLOTTE, N.C. — House Majority Whip James Clyburn (S.C.), the third-ranking member of the House Democratic leadership, says he’s not commenting on whether President Biden should run for reelection until he sees the results of the Nov. 8 midterm elections.  

“I have no idea. Until this election is over, I’m not going to focus on ’24,” Clyburn said at a campaign event in Charlotte for Democratic Senate candidate Cheri Beasley.  

Speaker Nancy Pelosi (D-Calif.) and Senate Majority Leader Charles Schumer (D-N.Y.) have also sidestepped questions about whether Biden should run for a second term.  

“I’m not going into politics about whether the president should run or not,” Pelosi told CNN last month.  

Schumer has only said he will support Biden if he chooses to launch a reelection.  

Clyburn’s silence on the prospect of Biden running for a second term is notable because the South Carolina lawmaker’s endorsement in the 2020 Democratic presidential primary was seen as critical to Biden winning South Carolina with more than 48 percent of the vote.  

Biden’s decisive primary victory over Sen. Bernie Sanders (I-Vt.) helped him wrap up the nomination.  

The president’s national approval rating now stands at 42 percent, according to the most recent Gallup tracking poll, and Democrats acknowledge his unpopularity is a major headwind for Democratic candidates.  

Beasley, a former state Supreme Court chief justice who is trailing her Republican opponent in the polls, also declined to say whether Biden should run for another term. 

“I can’t imagine he’s going to ask me about that,” she said 

Instead, she called on Biden to deal with 40-year-high inflation.  

“I really hope that right now what he’s focused on is addressing rising costs for folks here in North Carolina. This is a critical issue for folks who live here,” she said.  

Clyburn said he’s also waiting to see how Election Day shakes out before making any decision about running for the House Democratic leadership — perhaps the job of Speaker or minority leader if Speaker Nancy Pelosi (D-Calif.) retires at the end of the year or if Democrats lose control of the House.  

“I have no idea until this election is over. I think it would be foolhardy for me to talk about what my future is going to be when I have no idea what the supporting cast is going to be. If you’re in the majority, that’s one thing. If you’re in the minority, that’s another thing,” he said.  

Pelosi promised to serve only two two-year terms as Speaker when she faced a tough race to serve in the top House leadership job after the 2018 midterm election. 

Clyburn and House Majority Whip Steny Hoyer (D-Md.) have made it clear to reporters that they don’t feel bound by Pelosi’s promise to step down from leadership after 2022, and now there’s some question as to whether Pelosi will let go of the Speaker’s gavel if Democrats keep control of the House.  

Most political prognosticators, however, say that Republicans will likely win the House majority next month. 

A group of younger House Democrats are calling for generational change across they party’s leadership.  

“I have been very vocal, including with my own leadership in the House, that we need a new generation. We need new blood, period, across the Democratic Party — in the House, the Senate and the White House. I think that the country has been saying that,” Rep. Elissa Slotkin (D-Mich.), who is in a competitive reelection race, said on NBC’s “Meet the Press” earlier this month.  

Clyburn, who is 82, said he’s not bothered by calls for “new blood” in the Democratic leadership. 

“That’s fine with me. The caucus makes its intention known. When I first ran for whip, they told me that no Southerner — especially no Black Southerner — could … be an effective whip. I proved them a liar then,” he said.  

Source: TEST FEED1

Trump: 'Very disloyal' if Pence, other Cabinet members run in 2024

Former President Trump said he would find it “very disloyal” if former Vice President Mike Pence or other members of his former Cabinet sought the GOP presidential nomination in 2024, seeking to send a warning to a number of figures weighing potential White House bids.

“Many of them have said they would never run if I run, so we’ll see if that turns out to be true,” Trump said Friday during a brief phone interview with conservative radio host and Fox News personality Brian Kilmeade. “I think it would be very disloyal if they did, but that’s OK, too.”

Trump boasted that “the polls have me leading by 40, 50 points” and said he would decide on whether to pursue another presidential bid “in the not-too-distant future.”

The former president has not said whether he intends to run, but has openly flirted with seeking a return to the White House.

Most polls show Trump as the clear favorite to reclaim the Republican nomination if he were to run, but several other high-profile Republicans like Pence, former Secretary of State Mike Pompeo and former U.N. Ambassador Nikki Haley, among others, are also reportedly considering a bid for the White House.

Earlier this week, Pence took several swipes at Trump, warning conservatives against veering too far toward “unprincipled populism” during a speech at the Heritage Foundation in Washington, D.C.

Trump has been sharply critical of his former vice president for not going along with his plan to stop the certification of President Biden’s electoral college victory on Jan. 6, 2021.

A former assistant to Trump told the House panel investigating the Jan. 6 riot earlier this year that Trump called Pence a “wimp” during a call between the men shortly before the riot.

Source: TEST FEED1

Jan. 6 panel formally issues subpoena to Trump

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The House committee investigating the Jan. 6, 2021, attack on the Capitol released its full subpoena to former President Trump, detailing 19 areas of inquiry it wishes to discuss with the former president and asking him to appear for a deposition on Nov. 14.

“As demonstrated in our hearings, we have assembled overwhelming evidence, including from dozens of your former appointees and staff, that you personally orchestrated and oversaw a multi-part effort to overturn the 2020 presidential election and to obstruct the peaceful transition of power,” Chair Bennie Thompson (D-Miss.) and Vice Chair Liz Cheney (R-Wyo.) wrote in the letter accompanying the subpoena.

In taking the remarkable step of issuing a subpoena to a former president, the committee departed from past practice and offered additional transparency by releasing the full, unredacted subpoena including all documents it is seeking.

The move comes after the committee took a public vote at its hearing last week to approve serving the subpoena.

In some ways, the 19-point schedule reads as a recap of many topics already touched on by the committee.

It makes a sweeping request for any documents or communications related to efforts to evaluate Vice President’s Mike Pence’s role in certifying the 2020 vote or “any actions he might take” on Jan. 6. It also asks for anything detailing his discussions, including hand-written notes, about other plots, including efforts to reach out to state lawmakers and election officials.

But it also highlights areas where the committee may still have significant gaps, including whether Trump had any contact with far-right groups like the Proud Boys and the Oath Keepers, whose leaders are now facing trial on seditious conspiracy charges.

It also asks about any witness intimidation efforts involved with the committee’s investigation, asking about efforts to contact those who appeared or were expected to appear before panel staff.

This story was updated at 2:10 p.m.

Source: TEST FEED1

READ: Jan. 6 committee's subpoena to Trump

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majority”,”image”:”https://h104216-fcdn.mp.lura.live/1/938892/pvw_lin/E48/6BF/E486BF6DA6A6A42109D55CCC8717C8D4_6.jpg?aktaexp=2082787200&aktasgn=59b2ab944682ae68b92c0bd53b6f0a8c”,”token”:”eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJ2aWQiOiI4MDkzNjQwIiwiaXNzIjoicTI2MVhBbU9NZHFxUmYxcDdlQ283SVltTzFreVBtTUIiLCJleHAiOjE2NjYzNzk3NDR9.624AbgzTEW9BkpBVJwVLt3Tijbdp87gkFrPrfnRnchg”,”ad_unit_path”:””},{“mcpid”:”8093623″,”title”:”Itu2019s left vs. Federal Reserve on interest rates hikes”,”image”:”https://h104216-fcdn.mp.lura.live/1/938892/pvw_lin/C72/903/C7290315028242C5C38F8284253CBA0F_8.jpg?aktaexp=2082787200&aktasgn=d0ff712ccc1587e7fbb1ff87190ae9d3″,”token”:”eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJ2aWQiOiI4MDkzNjIzIiwiaXNzIjoicTI2MVhBbU9NZHFxUmYxcDdlQ283SVltTzFreVBtTUIiLCJleHAiOjE2NjYzNzk3NDR9.215hjJiIFdLYVb3wrECxWhRS5faFgAaXpwLwVppe95I”,”ad_unit_path”:””}],”duration”:5},”expectPreroll”:true,”titleVisible”:true,”pauseOnClick”:true,”trackTimePeriod”:60,”isPermutiveEnabled”:true});

The House committee investigating the Jan. 6, 2021, attack on the Capitol on Friday officially issued its subpoena to former President Trump.

The panel is asking Trump to provide certain documents by Nov. 4 and to participate in a deposition on Nov. 14.

Read the committee’s subpoena here.

Source: TEST FEED1

Biden touts federal deficit: 'Largest one-year drop in American history'

President Biden on Friday touted recent figures showing the federal budget deficit fell by $1.4 trillion in fiscal year 2022 from the prior year’s levels, as Democrats work to fend off Republican attacks on the economy and inflation ahead of midterm elections.

Biden boasted the decline as “the largest one-year drop in American history” in remarks to reporters on Friday.

“Let me repeat that. The largest ever decline to the federal deficit,” he said. “Let me be clear. This record deficit reduction includes the cost of my student loan plan and everything else we’re paying for.” 

Treasury Secretary Janet Yellen also marked the numbers as “further evidence of our historic economic recovery” on Friday, shortly after her office released data showing the deficit reached $1.375 trillion in fiscal year 2022, which ended last month.

The Biden administration said the figure was $40 billion less than forecasted in Biden’s 2023 budget and half of fiscal 2021 deficit, which reached $2.8 trillion, the second largest in history. The new reporting also found that, as a percentage of GDP, the fiscal 2022 deficit “was 6.8 percentage points lower than in the previous year.”

“The President’s economic plan is focused on growing our economy from the bottom up and the middle out,” Shalanda Young, Director of the Office of Management and Budget (OMB), said in a statement. “Under his leadership, more Americans are working today than at any point in our country’s history, our economy has added more than 10 million jobs, manufacturing is booming, and we cut last year’s deficit in half.”

However, budget hawks and conservatives have seized on the news, sounding a different note by taking aim at Democratic, pandemic-related relief like the American Rescue Plan and the Biden administration’s recent student loan forgiveness plan that they’ve panned as costly amid rising inflation. 

“We borrowed $1.4 TRILLION last year. That is not an accomplishment – it’s a reminder of how precarious our fiscal situation remains,” Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CRFB), said in a statement.

“The entirety of the decline in the deficit between 2021 and 2022 can be attributed to the expiration of temporary COVID relief, not due to a renewed era of fiscal responsibility,” she said, while estimating the “deficit would have been almost $400 billion lower had the Biden Administration not decided to enact an inflationary, costly, and regressive student debt cancellation plan in August.”

The news on Friday follows weeks after Biden signed a sprawling climate, health care and tax bill, dubbed the Inflation Reduction Act, into law.

Democrats have touted the plan, a key piece of the president’s agenda, as a tool to fight inflation by putting billions toward deficit reduction. And while some experts agree the plan could be a step in the right direction to getting the country’s finances on track, many have downplayed the impact the plan would have on rising costs.

The press conference comes as Republicans have been hammering Democrats on the economy to win over voters upset about rising prices weeks before the 2022 midterm elections.

At the same time, Democratic leadership has acknowledged the party has room to improve in its messaging on inflation, as recent polling shows Republicans gaining the upper hand in key races.

During the press conference on Friday, Biden noted that “the polls have been all over the place,” but expressed optimism that Democrats will see “one more shift back to our side [in] the closing days.”

“We’re starting to see some of the good news on the economy. Gas prices are down sharply in 46 of the 50 states because of what I’ve been doing. We’re moving in the right direction,” Biden said, before going after Republicans for so-called “mega MAGA trickle down” policies.

“If Republicans get their way the difference is going to soar, the tax burden is going to fall on the middle class, and Republicans are working really hard,” the president said, while taking aim at GOP-backed proposals in areas like taxes and Social Security.

Source: TEST FEED1

The single-family housing shortage is worst in these cities

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Story at a glance


  • A recent data set tracking single-family housing availability through basic supply and demand shows the U.S. cities and metros where this aspect of the housing shortage is the worst.

  • The data compares supply and demand by the number of permits issued for every new job. One single family permit is issued for every two new jobs in a balanced market. 

  • The New York City metro area was hit hardest by the single-family housing shortage last year, according to data from the National Association of Realtors.

The U.S. is short millions of homes after decades of underdevelopment and a 2 1/2-year housing market boom that was driven by low mortgage rates and remote work options.

One piece of the broader shortage puzzle is the underproduction of single-family homes often stemming from land restriction policies.

But a recent data set tracking single-family housing availability through basic supply and demand shows the U.S. cities and metros where this aspect of the housing shortage is the worst.

The New York City metro area was hit hardest by the single-family housing shortage last year, according to data from the National Association of Realtors (NAR).

In the New York-Newark-Jersey City metro area, one single-family permit was issued for nearly every 38 job openings over a 12-month period ending in July. During that time period, there were close to 497,000 new jobs compared to 13,229 single-family permits issued.

NAR’s housing shortage tracker compares supply and demand by the number of permits issued for every new job. One single family permit is issued for every two new jobs in a balanced market.

But what sets NAR’s tracker apart from other data measuring the shortage?

“NAR’s housing shortage tracker is unique as job growth — instead of household formation — is used as a proxy to measure housing demand,” Nadia Evangelou, NAR’s senior economist and director of real estate research, told The Hill.

“Keep in mind that as more people enter back into the workplace, demand for housing is expected to remain strong as they set their sights on homeownership,” Evangelou said.

After the New York City metropolitan area, the town hit hardest by the single-family housing shortage is Rockford, Illinois, near suburban Chicago. There were 236 single-family permits issued over 12 months ending in July compared with 7,600 new jobs – equaling 32.2 jobs for every housing permit issued.

The Illinois capitol of Springfield held the third spot on the shortage tracker. Here there were 4,200 jobs over the data period while 133 single-family permits were issued.

The San Francisco and Boston metro areas finish out the top five in NAR’s housing shortage tracker. In the San Francisco metro region, there were 30 new jobs for every single-family permit issued. And in Boston, there were more than 28 new jobs per permit.

Cities experiencing major shortages of single-family homes feature similar characteristics, Evangelou explained, saying they are “severely constrained by land-use restrictions” that increase the cost of homebuilding.

Still, the housing shortage, which NAR estimates at 5 million homes, is not a recent phenomenon.

“The housing shortfall was created over decades. After the mid-2000s boom, we continued to underbuild compared to the historical average,” Evangelou continued. “In the meantime, lower mortgage rates during the pandemic aggravated the shortage. Even though demand has slowed down, there are still not enough homes.”

Sky-high mortgage rates stemming from the Federal Reserve’s persistent interest rate hikes continue to put pressure on Americans looking to secure affordable housing. Although home prices and rents are falling in markets across the U.S., they remain higher than last year.

The 30-year fixed mortgage rate climbed to 6.94 percent in the second week of October, up from 6.81 percent a week earlier, marking the highest 30-year rate since 2002.

High mortgage rates are also impacting the supply side as both inventory and home builder sentiment continue to fall.

Data from the National Association of Home Builders (NAHB) shows that builder sentiment fell for the 10th straight month in September while prospective homebuyer traffic dropped to its lowest point since 2012 — the exception being the onset of the coronavirus pandemic in 2020.

Meanwhile, new housing construction fell in September as sky-high mortgage rates weakened demand.

Housing starts decreased 8.1 percent to a seasonally adjusted annual rate of 1.44 million units last month, while single-family starts declined by 4.7 percent, according to Commerce Department data released on Wednesday.

Despite slowly rising inventory after a two-year housing boom, economists say it remains at historic lows and they expect further declines.

NAHB Chief Economist Robert Dietz said in a statement earlier this week that housing starts, which reached their lowest point since 2011, will continue to fall as the market retracts.

“And given expectations for ongoing elevated interest rates due to actions by the Federal Reserve, 2023 is forecasted to see additional single-family building declines as the housing contraction continues,” Dietz said.

“While some analysts have suggested that the housing market is now more ‘balanced,’ the truth is that the homeownership rate will decline in the quarters ahead as higher interest rates and ongoing elevated construction costs continue to price out a large number of prospective buyers,” he concluded.

Source: TEST FEED1

Federal judge sentences Steve Bannon to four-months in prison

Steve Bannon was sentenced to four months in prison Friday for his defiance of a subpoena from the House committee investigating the Jan. 6 attack on the Capitol.

The one-time White House strategist was subpoenaed by the panel in September of last year after he failed to provide either the required documents or testimony as he railed against the committee.

Bannon claimed that he was unable to comply with the committee’s subpoena due to executive privilege. However, the panel sought to speak to Bannon about events that occurred well after his short stint in the White House. 

Federal district court Judge Carl Nichols ruled that Bannon would also pay a fine of $6,500 alongside his four month sentence, allowing Bannon to serve jailtime for each contempt of Congress charge concurrently. 

At the outset of the hearing Nichols said Bannon had shown “no remorse for his actions” and “has yet to demonstrate he has any intention of complying with the subpoena.”

But the judge also agreed to stay his ruling while Bannon appeals his guilty verdict.

A Justice Department prosecutor argued that Bannon deserved a severe penalty for his wholesale resistance to the committee’s subpoena, noting that “he never lifted a finger to find a responsive document” or appear in person to assert any potential privileges.

“The importance of this case has everything to do with defendant’s obligations as a citizen of the United States,” assistant U.S. attorney Joseph Cooney told the court.

“No one, regardless of their means, their station, the influence of their friends or their patrons, is above the law.”

Bannon’s attorneys – David Schoen, one of President Trump’s impeachment attorneys, and Evan Corcoran, who is currently representing the former president in the Mar-a-Lago case – argued Bannon had little choice but inaction when faced with the committee subpoena.

His hands were tied by Trump’s claim of executive privilege, they argued, with Schoen saying it was the “only lawful course he could take consistent with the Constitution and his obligation.”

A jury largely rejected that argument when it found Bannon guilty on both counts of contempt of Congress.

Source: TEST FEED1

Sotomayor on Clarence Thomas: 'I believe not everyone can reach their bootstraps'

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Supreme Court Justice Sonia Sotomayor on Thursday said that fellow Justice Clarence Thomas “cares about legal issues differently than me,” adding that she thinks “not everyone” can pull themselves up by their bootstraps.

Sotomayor, speaking at Chicago’s Roosevelt University, praised her colleague and said that he “cares about people.”

“He cares about legal issues differently than me,” the liberal Sotomayor said of her conservative colleague, according to the Chicago Sun-Times.

“Clarence, who grew up very poor, believes that everyone is capable of pulling themselves up by their bootstraps. I believe not everyone can reach their bootstraps.”

Sotomayor, an Obama nominee, said she tries to “find the good in everybody.”

“I look for the things that they do that are good,” Sotomayor said discussing the range of views represented by the Supreme Court justices.

Sotomayor, who was awarded the Eleanor Roosevelt Social Justice Award at Thursday’s event, answered students’ questions as she conversed with retired Judge Ann Claire Williams from the Northern District of Illinois.

The event was organized by Just the Beginning – A Pipeline Organization, which attempts to provide a “pathway” for people of color into the legal profession.

Sotomayor also discussed the future of law and her judicial philosophy, saying that current laws “can make it hard for us to see the legal system as fair.”

“What’s fair is really a judgment of how we as a society are going to help each other. And how to share resources that are limited in as fair a way as we can,” she said.

“Those choices aren’t mine to make as a judge, but those are made in the laws that are passed.”

The former trial and appellate judge, who was nominated to the highest court in 2009, emphasized the importance of bringing up children with a view toward justice.

“I ask people, ‘What choice do we have but to keep trying to change things?’ Because if you feel disenfranchised and let other people fight for what they think is right and you’re not willing to get up and fight, then you are just giving it to them,” she said, addressing the next generation.

“We have civil rights because men and women died for them. How can we even think about giving up when others have spilled blood for justice?”

Sotomayor said that she tells children that “we adults have failed you,” acknowledging that her generation is leaving behind a “really messed-up world.”

“You are the future because you are going to do better than we did,” she said of children.

Source: TEST FEED1

The Hill's Morning Report — Biden stumps for Fetterman; Truss resigns

The watchword this morning, from the U.S. midterms to the U.K.’s Conservative Party, is turmoil.

Who’s up? For how long? What (or who) has the answers? Pollsters and forecasters on both sides of the pond are trying to make sense of tight races and uncertain futures with three weeks until Election Day in the States and a new prime minister on the horizon in Great Britain.

President Biden on Thursday made a campaign stop in Pennsylvania, appearing with Senate candidate Lt. Gov. John Fetterman (D) in Pittsburgh and stumping for him at a fundraiser in Philadelphia. “He’s got to win,” Biden told donors. 

Fetterman, who is running against Republican TV doctor Mehmet Oz, has an average 2.4 percentage point advantage in the polls according to Real Clear Politics (ABC News).

The president warned Democratic supporters that if Democrats don’t maintain control of the House and Senate next year, “a lot’s going to change.”

“We’re at a point where there’s not a lot of real Republicans left,” Biden said. “The folks running this party are the MAGA Republicans. They have a very different view about the government role. They have a different view of the world and it’s really consequential.”

Biden said the election is not a referendum on his leadership. “It’s a choice: What direction do you want to see this country going?” 

Fetterman, who suffered a stroke in May and has resumed campaigning, told the donor audience gathered Thursday night that he wants to be the “51st vote” in the Senate. The 6’9” lieutenant governor, who prefers shorts and hoodies as his professional wardrobe, was dressed in a baggy suit and tie and joked to appreciative laughter that it’s the only suit he owns. 

“It’s gonna be close,” Fetterman said of his race against Oz, before pointing to his opponent’s mansion in the Garden State. “Please send Dr. Oz back to New Jersey and send me to D.C. to be that 51st vote.”

Across the country, Democrats worry that Republicans are gaining in deep blue strongholds, including New York and Oregon, writes The Hill’s Caroline Vakil. Republicans are making competitive bids to take back governorships in both states, which have reliably gone for Democrats in presidential elections. The GOP gains could also extend to the House, where Republicans are making inroads in New York, California and Rhode Island, according to surveys.  

In New York, a Quinnipiac University survey of likely voters released Tuesday found Gov. Kathy Hochul (D) with a 4-point lead over Rep. Lee Zeldin (R) — the tightest any nonpartisan poll has found the race to date. A Siena College Research Institute poll released on Tuesday found that Hochul had an 11-point lead, significantly lower than the 17-point lead the governor had in September.

The Cook Political Report with Amy Walter rates the New York race as “solid Democratic” (Forbes).

Politico: Democrats are putting money and resources into … Rhode Island.

The Washington Post: What voters in swing states are saying three weeks before midterms.

The Hill’s Alexander Bolton reports from the campaign trail in North Carolina that  National Republican Senatorial Committee Chairman Rick Scott (Fla.) predicts Republicans will likely control 52 Senate seats next year and have a pathway to a 55-seat majority, given recent polling that shows momentum among GOP candidates.

“It starts right here, we’re going to get 52 Republican senators, we have to win here,” Scott said at a get-out-to-vote event with Senate candidate Rep. Ted Budd (N.C.) at the Republican Black Community Center. “I think we can get 53, 54, 55.”

Presidential hopefuls, meanwhile, are traveling to New Hampshire with early frequency, The Hill’s Hanna Trudo reports. Lawmakers are campaigning for midterm candidates while introducing themselves to voters in the first-in-the-nation primary. It’s a sign that just weeks before Election Day, the 2024 election is already on the horizon. And the roster of Democrats making the rounds includes some of the same names who ran for president in 2020, restarting the conversation about what the next few years could look like if Biden doesn’t seek reelection — or possibly if he does.  

The Hill’s Emily Brooks breaks down five investigations to watch as the House GOP plots an oversight landslide if they win in November: Hunter Biden. The alleged politicization in the Department of Justice. The controversial withdrawal of troops from Afghanistan. The origins of COVID-19. Big Tech censorship. 

The Hill: Biden says he’s worried about more congressional assistance for Ukraine if Republicans gain House control.

NBC News: Will Congress give the Department of Justice another $34 million in December to continue prosecuting the Capitol rioters? That’s what the department says it needs to continue its probe and prosecutions tied to Jan. 6, 2021.


Related Articles

The Washington Post: Former Vice President Mike Pence on Wednesday said he might prefer someone other than former President Trump in the next election. Asked whether he’d back the former president in 2024, Pence paused and with a wry smile told an audience at Georgetown University, “Well, there might be somebody else I’d prefer more.” 

The New York Times: Sentencing of former Trump adviser Stephen Bannon for willfully disobeying a congressional subpoena is scheduled today. The Justice Department recommended six months in prison and a fine.

The Hill: Potential 2024 GOP presidential candidates who are also authors find their books atop bestseller lists.

The Washington Post: Sen. Lindsey Graham (R-S.C.) must testify in 2020 election investigation, Georgia court rules.

The New York Times: How disinformation splintered and became more intractable.


LEADING THE DAY

INTERNATIONAL

British Prime Minister Liz Truss resigned on Thursday and will be replaced next week by the Conservative Party, ending a damaging and chaotic 44-day tenure as the United Kingdom’s leader, the shortest in its history.

The thumbs-down from the bond market for her mini-budget, including proposed tax cuts during a period of high inflation, then her policy about-face, sent the British pound and her party’s approval ratings plunging this week.

In a brief statement, Truss said that “given the situation” she could not continue to deliver on her party’s “mandate.” Her critics quickly pounced to note that Truss could claim a fiscal ideology but never had a governing mandate.

The Conservative Party pledged to put to a vote two replacement candidates by Oct. 28. There was no immediate consensus about the economic and political skills needed to weather prolonged expectations for soaring prices, energy challenges, war in Ukraine and the frustrations of an impatient and distrustful populace.

Truss last month succeeded Boris Johnson, who announced his resignation in July after three tumultuous years in office. Johnson is rumored to be an eager contender for a comeback, which would be a dramatic reversal of fortune requiring nominations from at least 100 Conservative members of parliament.

The Washington Post and The New York Times: Here are possible contenders.

In Ukraine, the military wants to launch an offensive in coming days to retake the city of Kherson from Russian control while also trying to resist a furious Russian assault on the key eastern city of Bakhmut (The Hill). 

Ukrainian President Volodymyr Zelensky said Thursday that his country had information that Russia had mined a dam near Kherson in what he said could be a “false flag” plan to blow up a hydroelectric plant in order to flood 80 Ukrainian towns, villages and cities, including Kherson, while falsely blaming the Ukrainian military for resulting devastation (The New York Times). 

Russian-backed officials have said they intend to move as many as 60,000 civilians from Kherson to the eastern side of the Dnieper River, ostensibly to shield them from a Ukrainian counteroffensive. Kherson is a key target because the region is one of four Ukrainian provinces that connect Russia by land to the Crimean Peninsula, which Moscow has held since 2014 (The New York Times).

Russia’s use of Iranian manufactured drones to try to gain an advantage over Ukraine’s military forces, civilians and the country’s infrastructure, including power, heat and water, has galvanized U.S. and allied governments to try to bolster Ukraine’s air defenses. Iranian trainers allied with Russia and working to stave off Russian errors while using Tehran’s weaponry are on the ground in Crimea to support Russian drone strikes against Ukraine, the White House said (The Hill and The New York Times). Iran denies involvement.

White House spokesman John Kirby told reporters that the Pentagon is exploring “potential air defense solutions for the Ukrainians,” including movement of additional capabilities to Ukraine. “DOD is well aware of the threat and is working hard to see what they can do to help the Ukrainians deal with the threat,” he said.

The Hill: Saudi Arabia is unfazed by U.S. backlash tied to oil production cuts as Russia reaps the benefits.


IN FOCUS/SHARP TAKES

ADMINISTRATION  

A federal appeals court ruled that the funding structure of the nation’s most powerful financial watchdog agency, the Consumer Financial Protection Bureau, is unconstitutional. In a case brought by a payday lending group, a three-judge panel of the 5th U.S. Circuit Court of Appeals on Wednesday threw out a CFPB regulation governing those high-interest-rate lenders and ruled that the way the bureau is funded “violates the Constitution’s structural separation of powers.” The bureau draws its resources from the Federal Reserve, not from congressional appropriations (NPR and Bloomberg Law).

Senate Banking Committee member Elizabeth Warren (D-Mass.) — who as an academic urged the government to create the independent consumer financial watchdog and as a senator helped enact it —  called the court’s decision “lawless” and “reckless” on Twitter.

The bureau, created by Congress amid the wreckage of the financial crisis in 2010 to safeguard consumer financial interests, has not indicated whether it will appeal the decision. A spokesperson for the agency said in a statement that there’s “nothing novel or unusual about Congress’s decision to fund the CFPB outside of annual spending bills.”

“Other federal financial regulators and the entire Federal Reserve System are funded that way, and programs such as Medicare and Social Security are funded outside of the annual appropriations process,” the spokesperson said (Business Insider).

Meanwhile, the president’s controversial student debt forgiveness policy continues, at least for now. Supreme Court Justice Amy Coney Barrett on Thursday without explanation denied an emergency bid to block the administration’s program in response to a challenge filed by Wisconsin plaintiffs (The Hill). 


OPINION

■ Truss’s resignation in the U.K. is a warning for Republicans, by Henry Olsen, columnist, The Washington Post. https://wapo.st/3VWRi75 

■ A depressing return to a well-worn election playbook — because it works, by Mary C. Curtis, staff writer, Roll Call. https://bit.ly/3ShIOnF


WHERE AND WHEN

The House meets at 11 a.m. for a pro forma session. Members are scheduled to return to the Capitol on Nov. 14. ​​

The Senate convenes Monday at 1:45 p.m. for a pro forma session. Senators make their way back to Washington on Nov. 14. 

The president will travel to Delaware State University in Dover, Del., for a speech about student debt relief. Biden then heads to his home in Rehoboth, Del., where he will remain over the weekend. An interview with the president by MSNBC’s Jonathan Capehart will broadcast at 7 p.m. ET.

Vice President Harris has no public events today.

Treasury Secretary Janet Yellen will join Sen. Tim Kaine (D-Va.) in Herndon, Va., at 10:30 a.m. at the Virginia Innovation Partnership Corporation to champion administration investments in technology, innovation, clean energy and R&D. Yellen and Kaine will participate in a roundtable with local entrepreneurs and representatives from Virginia colleges and universities. They’ll be joined by Rep. Gerry Connolly (D-Va.).

Secretary of State Antony Blinken will host a working lunch with French Foreign Minister Catherine Colonna at the Department of State at noon. He will hold a joint press availability with Colonna at 1:20 p.m.


ELSEWHERE

PANDEMIC & HEALTH 

Cutthroat work conditions and long hours are harmful to workers’ mental and physical health, Surgeon General Vivek Murthy warned in a Thursday report. It’s the first time the surgeon general’s office has weighed in on the effects a toxic workplace can have on wellbeing, and comes as workers across the country reconsider their place in the workforce and the toll their jobs are taking on them (Forbes).

A flurry of new COVID-19 variants appears to be gaining traction globally, raising the possibility of a winter surge as people spend more time indoors amid dropping temperatures. Unlike in past years, where variants have popped up one by one, this year’s surge could be linked to a combination of sub-variants spreading across the globe (CNN).

The Mercury News: How the end of federal COVID-19 funding early next year will shift costs to consumers.

The New York Times: In anonymous focus groups, these doctors admit they don’t want patients with disabilities.

The Washington Post: The Adderall shortage is so bad some patients can’t fill their prescriptions.

Total U.S. coronavirus deaths reported as of this morning, according to Johns Hopkins University (trackers all vary slightly): 1,067,190. Current U.S. COVID-19 deaths are 2,566 for the week, according to the Centers for Disease Control and Prevention. (The CDC today changed its tally of available data from daily to weekly.)

SOCIAL MEDIA’S BILLIONAIRES

Rapper Ye — formerly known as Kanye West — is buying the right-wing social media app Parler, but it may do little to reignite the already floundering platform. But Ye, who has come under fire in recent weeks for racist and antisemitic comments that have resulted in bans from mainstream social media sites, is just the latest billionaire looking to invest in social media (The Washington Post). 

Taken as a piece in a larger puzzle of the rich buying, creating and investing in social media apps, writes The Hill’s Rebecca Klar, the purchase sets the stage for an online ecosystem shaped by the ideological views of ultra-wealthy men with outsized, consolidated power. The market of social media apps catering to a right-wing audience is crowded, as they offer spaces for the racism, antisemitism, misogyny and conspiracy theories that mainstream platforms prohibit. 

Although none of the alternative platforms boast user numbers on par with the mainstream sites, as billionaires open their deep pockets, they’re allowing the alternative companies to expand further into the tech market and operate without abiding by mainstream tech’s rules.  

The Hill’s In the Know: Trump, West comments “shatter” the feelings of safety for Jewish people in the United States. 

Politico: Parler was jubilant about West’s purchase. Then the problems started.

The New Yorker: West’s Parler games.

Tech billionaire Elon Musk, who is in talks to buy Twitter, plans to gut 75 percent of its workforce once he takes over, The Washington Post reports. The change would likely have a major impact on the site’s ability to control harmful content and prevent data security crises.

Bloomberg News: Twitter tells staff there aren’t plans for company-wide layoffs.


THE CLOSER

And finally … Congratulations to Morning Report Quiz winners! They Googled and guessed some Halloween headlines and one flashback to the White House in 1958.

🪓 But, apologies to puzzlers who encountered a software demon that balked at a decimal point, which meant a multiple-choice answer about inflation’s impact on candy prices went from “13.1 percent” (correct) to “1 percent” in readers’ inboxes. Puzzlers who were stumped, accused us of a ploy, rounded to 15 percent or submitted the correct answer, bravo! They suffered no penalty.  

Navigating our trick-or-treat trivia to victory: Amanda Fisher, Randall Patrick, Ki Harvey, Joan Domingues, David Letostak, Candi Cee, Paul Harris, Pam Manges, Stan Wasser, Lou Tisler, Patrick Kavanagh, Richard Baznik, Robert Bradley, Sharon Banitt, Steve James and Kathleen Kovalik.

They all knew that the Top 10 most popular Halloween costumes in 2022, according to Google Trends “most searched” list, as reported this week by news outlets, included cheerleader, witch and Spider-Man, so the best answer was “all of the above.”

Actress Jamie Lee Curtis recently spoke to The New York Times about her final film in a long-running horror franchise, “Halloween Ends.”

Mamie Eisenhower is the former first lady who set the trend of decorating the White House for Halloween. 🎃


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Source: TEST FEED1

Saudi Arabia unfazed by US backlash on oil as Russia reaps benefits

Saudi Arabia shows no sign of backing down in the face of U.S. pushback to its decision to cut oil production, part of Riyadh’s strategy to flex its foreign policy influence more forcefully. 

Saudi officials insist that the highly criticized decision to cut oil production to keep prices high is purely economical, pushing back on attacks they are siding with Russia over its war in Ukraine. 

Democrats have furiously called to freeze military sales and cooperation with the kingdom as Republicans largely remain quiet, saying U.S. ties to the powerful Gulf nation are too strategic to risk.

Experts say Riyadh is trying to find a balance between the U.S. and Russia, concerned that Washington is retreating from the Middle East but cautious to avoid severing the relationship completely. 

“The Saudis have tried to thread the needle between the Americans and the Russians, in part because they are distrustful of the United States,” said Samuel Ramini, associate fellow at Royal United Services Institute.

“I don’t think it’s going to be a long-term rift, it’s just going to be one of those major ups and downs in the American-Saudi relationship, and, today, here’s another down.”

President Biden’s highly publicized fistbump with Crown Prince Mohammed bin Salman in Jeddah in July did little, in Riyadh’s eyes, to make up for his campaign comments pledging to treat the kingdom as a pariah in the wake of it killing Washington Post contributor Jamal Khashoggi, experts say. 

And the administration’s pursuit of reviving the nuclear deal with Iran — as well as lingering upset from the Trump administration over what the kingdom viewed as an insignificant response to Iranian drone attacks on the Aramco oil facilities in Abqaiq — have hardened their position. 

“They’ve been really interested in strategic diversification, in reaching out to other powers,” said Hussein Ibish, senior resident scholar at the Arab Gulf States Institute in Washington. 

“Over the last 10 to 15 years, [Riyadh] slowly developed this sense that the U.S. is checking out, even though it has this huge military apparatus in the region, it’s sort of checked out in a way.”

Saudi Arabia is America’s largest foreign military equipment customer, amounting to about $100 billion in sales between 2009 and 2020, a relationship that benefits the U.S. for the influx of investment, but also allows the U.S. and Saudi militaries to work closely together on security concerns.

Approximately 2,700 U.S. troops are stationed in the country.

Selling U.S. military hardware to Saudi Arabia is also meant as a bulwark to prevent Russia and China from gaining a foothold. 

The Saudis have welcomed efforts from the Biden administration to smooth over some rocky parts of the relationship. This includes closer consultation about the administration’s intent to revive the nuclear deal with Iran.

Saudi moves, such as allowing Biden to fly from Tel Aviv to Jeddah in July and opening up its airspace to Israeli flights, are viewed as the kingdom showing the soft side in its relationship with Washington. 

But they are resisting pressure to publicly open relations with Israel, and the OPEC+ decision last month, in which the members of the group agreed to cut oil production by 2 million barrels per day, is a further sign the kingdom is not too concerned with Washington’s opinion. 

“Our decisions on production levels are strictly determined by supply and demand and market fundamentals,” Fahad Nazer, spokesperson for the Saudi Embassy in the U.S., told CNN on Monday. “So political issues, political considerations do not take effect, they do not have a role.”

Aaron David Miller, senior fellow at the Carnegie Endowment for International Peace, said that economic argument may be true, but bin Salman likely didn’t care about political implications with the U.S.

“The Saudis could not have been this obtuse not to understand that weeks before a midterm — that’s going to turn on inflation, and a large part of that is scarcity of crude oil and rising gas prices — that this would not be perceived as a political blow against the president,” Miller said.

The OPEC+ decision triggered fury from the White House and Democrats, who accused Riyadh of siding with Moscow, saying the high price of oil will continue to fuel Russian President Vladimir Putin’s ability to conduct his war in Ukraine. 

Ibish said that any benefit to Russia is not a concern in Riyadh. 

“The key thing I think for the Saudi’s is, Russia is really important because of the OPEC+ deal. They have this crucial national security issue that is not really appreciated here enough, which is they have about 25 years to transform their economy,” he said.

“In the context of the Ukraine war… [it] looks like helping Russia, that’s not the way they’re thinking about that. They’re thinking about their own plans, which is dire for them. But it looks to the Western world like ‘Oh you’re backing up the Russians.’”

Saudi officials say their actions have made clear they support Ukraine, even as they maintain relations with Russia. 

“We have actually been in touch with the leadership of Ukraine and with Russia, we have offered to mediate between the two because we do maintain good relations with both,” Nazer said Monday.

Ukrainian President Volodymyr Zelensky has not issued any criticism.

Riyadh helped broker a prisoner exchange between Ukraine and Russia earlier last month, and then announced $400 million in humanitarian assistance for Kyiv a week ago.

Riyadh also points to its votes at the United Nations General Assembly, rejecting Russia’s referenda of Ukrainian territory on Oct. 12 and condemning its invasion during a vote held in March. 

Zelensky spoke with bin Salman and thanked him for “supporting Ukraine’s territorial integrity, resolution at the UN General Assembly” and that the two “agreed on the provision of [Saudi] macro-financial aid to Ukraine.”

Days later, the Saudi Foreign Ministry tweeted a photo of Ukraine’s ambassador to the kingdom meeting with the Saudi Deputy Minister for International Multilateral Affairs, saying the two “reviewed bilateral relations between Saudi Arabia and Ukraine and regional and international developments of common interest.”  

While Biden is facing blowback from Democratic lawmakers, the administration is unlikely to punish Riyadh severely. 

White House National Security spokesperson John Kirby on Thursday said the administration’s review of its relationship with Saudi Arabis “ongoing,” but would not put a timeline on taking action. 

“We’re not going to rush this.”

Jon Alterman, the director of the Center for Strategic & International Studies’ Middle East Program, said the administration is unlikely “to be punitive for the sake of being punitive.”

“But the Saudi strategy is a strategy of getting a lot of the benefits of being closely aligned with the United States while having increasingly close ties to adversaries of the United States. And in times of war, that’s a hard gap to straddle,” Alterman said. 

Source: TEST FEED1