Drill Baby Drill
Drill Baby Drill
Biden has approved a massive Alaskan oil project.
Welcome to Politics Extra, an end-of-day news briefing from Political Wire.
Please note the timing of Politics Extra might be a little unpredictable over the next couple of weeks due to international travel.
What You May Have Missed
President Biden sought this morning to reassure Americans and the world that the U.S. banking system is safe following the collapses of Silicon Valley Bank and Signature Bank. Taxpayers won’t be on the hook, and reforms may be on the way, but hazards remain and bailouts could become a 2024 campaign issue.
Biden is triangulating on Alaska oil, declaring the Arctic Ocean off limits to oil and gas leasing while approving a major drilling project known as Willow.
Vice President Harris will spend a week in Africa later this month, following trips to the continent by Jill Biden and Secretary of State Antony Blinken earlier this year and an expected visit by the President before the end of 2023.
Donald Trump is back in Iowa for the first time in the 2024 cycle, and continues to keep the GOP presidential race frozen.
Ron DeSantis will headline a big GOP dinner in Manchester, New Hampshire, next month.
Mike Pence is fighting hard to be the third contender in the GOP race by taking aim at Trump over January 6.
Liz Cheney is entering the book primary.
Trump’s lawyer said Trump has “no plans” to testify to the grand jury in the Stormy Daniels case. Former Trump fixer Michael Cohen testified today.
While the GOP has a good shot at picking up Senate seats in Arizona, Montana, Ohio, West Virginia, and elsewhere, the party is fretting over the same candidate quality concerns that sunk their 2022 efforts.
Andrew Cuomo may be politically toxic for now, but he’s also flush with campaign cash.
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Extra Links
Here are some links that didn’t make it into Political Wire today:
Small bank stocks have drastically fallen after the collapse of Silicon Valley Bank.
The U.K. approved a large increase in the allowance of submarine exports to Taiwan, a move that could strain relations with China.
Germany, Italy, and a number of Eastern European countries have formed an alliance to push back against the E.U.’s plans to phase out of internal combustion engines by 2035.
Silicon Valley Bank’s parent company, CEO, and CFO have been sued by shareholders for fraud.
The nation of Malawi has declared a state of emergency after a tropical cyclone has destroyed infrastructure and left over 100 dead.
The proposed replacement facilities for New York City’s Rikers Island Jail is already two years behind schedule.
Inflation has not affected Gen Z’s spending habits.
Amazon and EV company Rivian are in talks to end the exclusive agreement between the two companies as the EV manufacturer seeks to grow its commercial vehicle sales.
Former U.K. Prime Minister Boris Johnson is facing backlash after attempting to knight his father.
Chick-Fil-A is planning a 1 Billion international expansion into Asia and Europe.
Presented Without Comment
Closing Thoughts
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I understand that Biden had to triangulate, which enforces the need for Democrats & those that agree to show up for every election at every level. Give him more quality teammates the need to triangulate drops into our favor. Not to mention a need to push for better communication concerning policies and the public at large.
As for RFK Jr. I am not surprised that he has a history of hanging out with crooked, conspiracy theory peddling, Putin fanboys. He has no business being President. Along with Marianne, Trump, DeSantis, & others.
Biden/Harris 2024 thank you very much.