The banks could put Biden in a difficult political position. CNN political briefing
President Joe Biden is balancing a fragile and difficult post-banking turmoil. CNN’s Chief National Affairs Correspondent Jeff Zeleni explains how the Biden administration’s actions so far and the rollercoaster that’s going on right now could put the president in a difficult position. While this situation is different from the 2008 financial crisis, some 2024 Republicans are using the politically toxic b-word for salvation.
March 17, 2023
Trump’s legal troubles span from New York to Georgia CNN political briefing
New details have surfaced in two investigations involving former President Donald Trump. CNN correspondent Kristen Holmes explains why Trump could be indicted as he runs for president for the third time, from New York’s money-hush investigation to Georgia’s 2020 election investigation. In addition, a new judge is taking office in the District of Columbia who could play a big role in the Trump federal investigation.
March 16, 2023
US-Russian spat over drones escalates tensions CNN political briefing
This week, the US has faced tensions with Russia and China. The US and Russia have made direct military contact over the Black Sea, while the US and its allies have taken steps to counter China’s naval dominance in the Indo-Pacific. CNN’s Kristen Holmes explains how both issues could affect the 2024 presidential race.
March 15, 2023
Trump and DeSantis become first leaders CNN political briefing
A new CNN poll gives a glimpse of where potential GOP voters are at this early stage in the 2024 nomination process. CNN Political Director David Chalyan explains why former President Donald Trump sees Florida Gov. Ron DeSantis as his toughest competitor right now. Trump carried out the attack last night in Iowa, days after DeSantis made his visit to the key state.
March 14, 2023
Biden administration tries to contain bank collapse CNN political briefing
President Joe Biden outlined how his administration is trying to contain the fallout from the two bank failures. CNN Political Director David Chalyan explains what the Biden administration is doing and why this scenario is different from the 2008 financial crisis. This sparked a debate in Washington and beyond about bank bailouts and regulation.
March 13, 2023
Biden balances hot job market with inflation CNN policy briefing
President Joe Biden has praised the latest job numbers, but it’s not exactly good news in terms of lowering high inflation. CNN’s Kristen Holmes explains why this hot job market is making things difficult for the Federal Reserve. In addition, some Republicans in the House of Representatives are proposing some spending cuts to raise the debt ceiling the day after Biden released his budget.
March 10, 2023
Biden looks for contrast with the Republican Party in his budget CNN political briefing
President Joe Biden has unveiled his fiscal year 2024 budget, launching a political fight with House Republicans over spending priorities and a debt ceiling. CNN Political Director David Chalyan breaks down some of Biden’s proposals and explains why most of them are unlikely to be accepted. Republicans in the House of Representatives have yet to articulate their desired spending cuts, but the White House is already on the attack.
March 9, 2023
Crime and immigration politics expose CNN political briefing
President Joe Biden disagrees with members of his party on two key issues: crime and immigration. CNN Political Director David Chalián explains why some Democrats are unhappy with Biden’s stance on the DC Crime Bill and possible immigration policy being considered by the White House.
March 8, 2023
What we know about the new January 6 security footage CNN political briefing
Tucker Carlson released new security footage from January 6, which Speaker of the House Kevin McCarthy has given Fox News exclusive access to. CNN political director David Chaliane refutes some of Carlson’s claims, the facts and the mixed Republican response on Capitol Hill.
March 7, 2023
Trump and DeSantis present 2024 arguments at CNN policy briefing
The 2024 GOP presidential primaries may not be finalized yet, but we’ve got a preview of how the top two candidates for now will approach the race. CNN Political Director David Chalyan analyzes the differences between the speeches of former President Donald Trump and Florida Gov. Ron DeSantis this week and what they say about the Republican Party. In addition, two former GOP governors are evaluating their plans for 2024.
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Hunter Biden’s lawyers stepped up their legal assault on Trump’s top allies on Friday, filing a countersuit over alleged Biden e-distribution and notifying a federal judge of their intention to drop the claims against Steve Bannon and Rudy Giuliani.
Court documents include a lawsuit against John Paul McIsaac, a computer repair shop owner, who said Hunter Biden abandoned a water-damaged laptop at his Wilmington, Delaware store about 18 months before the 2020 election. Biden’s lawyers allege an invasion of privacy and claim that Mac Isaac helped copy and distribute Hunter Biden’s data for political and commercial purposes.
In the lawsuit, Biden seeks the return of any copy of his data, compensation and punitive damages for Mac Isaac’s “intentional, senseless and reckless behavior”, as well as reimbursement of attorneys’ fees.
The counterclaim and responses to Mac Isaac’s original lawsuit cite public statements by Mac Isaac, Bannon, Giuliani, and others regarding their involvement in Hunter Biden’s electronic data. The new lawsuit alleges that Delaware law prevents Mac Isaac from accessing or copying data, distinguishing between discarded “hardware” and data on or embedded in a device.
Biden’s lawyers are also seeking the deposition of Guo Wengui, an associate of Bannon who was allegedly involved in the distribution of Hunter Biden’s electronic data. Guo was arrested on Wednesday by federal authorities in New York on charges of what prosecutors said was a $1 billion fraud scheme. He pleaded not guilty.
Representatives for Mac Isaac, Giuliani, Bannon and Guo did not immediately respond to requests for comment.
Hunter Biden’s legal team last month sent letters to 14 people, including Giuliani and Bannon, asking them to keep potential evidence for future lawsuits related to alleged identity theft. Letters were also sent to the Department of Justice’s Homeland Security Division and the Delaware Attorney General’s Office requesting investigations of “individuals who have substantial grounds for believing that they have violated various federal laws in accessing, copying, manipulating and/or distributing a personal computer” – on Biden. data.”
A spokesman for Hunter Biden’s legal team did not immediately respond to a request for comment on Friday’s court documents, but previously told NBC News that the president’s son “has been the subject of media investigations and scrutiny over the past few years, and has spoken out about his intentions.” story in a detailed memoir – he has nothing to hide. People who have not yet been held accountable for their wrongdoing are the recipients of these letters.”
Hunter Biden and the Biden family’s finances are being investigated by Rep. James Comer of Kentucky, the new chairman of the GOP-led House Committee on Oversight and Accountability.
Hunter Biden’s finances, specifically his tax payments to the IRS, have been under investigation by Delaware federal prosecutors since 2018.
PHOTO ILLUSTRATION OF FIVETHIRTYEIGHT / GETTY IMAGES
Welcome to Pollapalooza, our weekly survey roundup.
When the Silicon Valley bank collapsed last week, it caused the stock market will start a five-day fall. V shares for regional banks, in particulardeclined significantly, even as federal regulators worked on mitigation. Investors were clearly spooked by the failure of SVB and Signature Bank, a New York-based institution that also collapsed over the weekend. But Americans didn’t have much confidence in banks and other financial institutions for a while, and most believe more regulation is needed.
Gallup asked Americans about their confidence in various institutions, including banks, even before the 1980s. While most Americans once said they had “very” or “fairly” trust in banks, that has changed dramatically since the 2008 financial crisis. In 2007, 41 percent of Americans expressed significant confidence in banks; by 2009, only 22 percent. Although this level rose again to 38 percent in 2020, it has since fallen again and has never reached the consistently high levels of the mid-90s and early 2000s.
Similar trends have been recorded in other surveys: a 2012 article published in Public opinion quarterly found that declines in banking confidence were more related to major banking scandals than to economic events and indicators such as recessions or inflation. According to Pew poll last yearfew Americans across the political spectrum believe that banks and other financial institutions “have a positive impact on the way things are going in the country these days.”
And a slightly different but complementary question from Gallup shows that not only do Americans distrust banks, they tend to have an unfavorable attitude towards them: 2022 survey, just 36 percent of Americans said they were very or somewhat positive about the banking industry, up from 40 percent a year earlier. Compare that to the 60 percent of Americans who are positive about the restaurant industry, or the 57 percent who are positive about the farming industry.
Perhaps that’s why it’s not surprising that many US banks feel they should be more regulated. A survey from Lake Research Partners/Chesapeake Beach Consulting Last October, he asked Americans about banking regulation and specific policies, garnering widespread support across the political spectrum. Sixty-six percent of Americans, including 77 percent of Democrats and 57 percent of Republicans, said they need to increase regulation of “financial companies such as Wall Street banks, mortgage lenders, payday lenders, collectors and credit card companies.” More than half of Americans said that the influence of big banks in Washington is too great. And most Americans supported a range of policy proposals made by Congress and regulators, including limiting the size and frequency of bank overdrafts and credit card fees, lowering interest rates on high-cost loans, and closing loopholes for fintech companies.
But despite the distrust of financial institutions and the desire for more regulation, Americans were not too shocked by the closure of the SVB, although the reaction from them was mixed. IN poll “Morning consultation” this week, 60 percent of voters said they supported the Biden administration’s creation of an emergency fund to cover deposits in closed banks, while 62 percent said they viewed the action as a bailout. More Reuters/Ipsos poll over the same period found that 84 percent of Americans say taxpayers shouldn’t pay to fix problems caused by irresponsible bank management, which — in that Morning Consult survey — voter bias (38 percent) cited as a major reason for SVB’s failure. Meanwhile, a YouGov poll this week showed only 6 percent of Americans consider the money they currently invest in US banks to be “very unreliable”, while 70 percent said it was very or somewhat safe. Besides, 64 percent of Americans said they backed the Silicon Valley bank bailout to protect customer deposits.
However, the majority of Americans – 54 percent – said it is very or somewhat likely that the collapse of the SVB would trigger a broader financial crisis in the US, perhaps another indication of how little American confidence in banks has been since 2008.
Other Polling Bits
While President Biden’s approval rating continues to fall, voters are mostly supportive policies in his budget proposalin accordance with a recent survey from Morning Consult. A majority of registered voters approved almost all of the policies in Biden’s proposal, such as capping insulin at $35 a month and imposing a minimum tax of 25 percent on the richest 0.01 percent of Americans. Even a majority of Republicans approved of many of the measures: 73% of Republican voters supported a cap of insulin, and 53% supported $15 billion in free school meals.
As the war in Ukraine continues, American attitudes towards Russia have fallen to a 34-year low. according to a Gallup poll. Only 9 percent of Americans view Russia positively, up from 15 percent a year ago and a high of 66 percent in 1991 and 2002. fell sharply around the time Russia annexed Crimea in 2014 and has continued to fall since Russia invaded Ukraine last year.
More than 30 states are considering or have already enacted a ban on the popular TikTok video app, but Americans are ambivalent about whether a national ban is a good idea. new survey from Quinnipiac University. When asked if they would support a national ban on “foreign technology like TikTok,” a proportion of Americans (49 percent) said they would, while 42 percent said they would oppose it. Republicans were more likely than independents or Democrats to support a ban, while Americans aged 18 to 34 were the least likely to support a ban, with 63% saying they would oppose it.
March madness is in full swing, and despite poll by the Center for Public Opinion at the University of Massachusetts Lowell With the discovery that only 16 percent of Americans identify themselves as college basketball fans, interest in the tournament is growing. recent survey by Morning Consult. 35% of Americans said they plan to watch the men’s tournament this year, up from 29% last year. A higher proportion of Americans also plan to fill the bracket this year (23 percent) than last year (15 percent).
In honor of the start of Taylor Swift’s last tour, both YouGov another morning consultation Recently asked fans to rate their albums. In a YouGov poll, Swift’s “Lover” came in first place, with 14% of fans citing it as their top pick, and “1989” topped a Morning Consult fan poll. results were fans seeing the color red, but they had to shake it off because, frankly, it’s very difficult to choose which album will suit you from this mastermind’s hit-filled discography, as any fan knows all too well.
Biden endorsement
According to FiveThirtyEight’s presidential approval tracker, 43.7% of Americans approve of Biden’s performance as president, while 51.5% disapprove (-7.8 net approval rating). At the same time last week, 43.6% approved and 51.4% disapproved (net approval rating of -7.8 points). A month ago, Biden had a 43.1% approval rating and a 51.8% disapproval rating, for a net approval rating of -8.8.