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Rand Paul’s spouse purchased shares in Covid therapy maker Gilead as virus unfold

U.S. Sen. Rand Paul (R-KY) listens to Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, during a Senate Health, Education, Labor and Pensions Committee hearing to discuss the on-going federal response to COVID-19, at the U.S. Capitol in Washington, D.C., U.S., May 11, 2021.

Greg Nash | Reuters

WASHINGTON — Republican Sen. Rand Paul and his wife had not bought or sold stock in an individual company in at least 10 years when Kelley Paul purchased shares of the drug company Gilead Sciences in early 2020.

The purchase came early in the novel coronavirus’ initial wave through the United States — and one day after the first U.S. clinical trial began for Gilead’s remdesivir as a treatment for Covid-19, according to records reviewed by CNBC.

That purchase and its timing made headlines Wednesday when the Kentucky senator disclosed it for the first time in a mandatory Senate filing — more than 16 months after the legal deadline for reporting it had passed.

Rand Paul has been one of the leading opponents of Covid mask mandates and other preventative measures, calling for people to “resist” them. YouTube suspended his official account Tuesday over his claims that masks don’t prevent infections. Paul called the suspension a “badge of honor.”

The purchase of up to $15,000 worth of Gilead shares was made three weeks before the World Health Organization declared Covid a pandemic. On Feb. 26, 2020, the day Kelley Paul bought the shares, there were only 14 confirmed cases of Covid in the United States.

The 2012 STOCK Act requires members of Congress to disclose the purchase and sale of individual stocks, bonds and commodity futures within 45 days of the transaction.

Other assets — such as mutual funds, EIFs and T-bills — are exempt from the 45-day requirement and need to be disclosed only once a year. The different reporting schedules prioritize the disclosure of trades that could be used to profit from nonpublic information.

Since 2012, Paul has disclosed 187 transactions involving mutual funds, EIFs, trusts and government bonds in his annual reports. But he has disclosed only one transaction in an individual stock: Gilead.

Paul’s office said he filled out a disclosure form about the Gilead purchase on time in 2020, but through an oversight it was not transmitted to the Senate records office.

It is not out of the ordinary for a U.S. senator such as Paul or his spouse to buy stock in a publicly traded company like Gilead. But for Rand and Kelley Paul, Gilead is the first and only individual stock that the lawmaker has reported he or his wife buying or selling during his 10 years in the Senate.

Paul is a member of the Senate health committee, which received a private briefing in January 2020 on the threat of the coronavirus from Trump administration officials. A Paul spokesperson said the senator did not attend any Covid committee briefings.

A prominent Washington ethics lawyer, who declined to be named because his clients are both Republican and Democratic elected officials, told CNBC, “If the [Securities and Exchange Commission] were conducting an insider trading investigation of this transaction they would see the sudden purchase of individual stocks when the subject of the investigation had not purchased individual stocks before and had recently had access to market-moving information as a huge red flag.”

Last year, federal prosecutors investigated stock sales made in advance of a coronavirus-fueled market plunge by and connected to Sen. Richard Burr, R-N.C., Sen. Jim Inhofe, R-Okla., then-Sen. Kelly Loeffler, R-Ga., and Sen. Dianne Feinstein, D-Calif.

Those probes ended without charges being filed — but the investigations and details about the controversial trades were widely publicized at the time. Loeffler was defeated in a runoff election in January.

By not disclosing the purchase, Paul avoided becoming the subject of an investigation like the ones that targeted his fellow senators last year.

Paul’s disclosure Wednesday was first reported by The Washington Post. But the fact that the Gilead shares were the couple’s one and only stock buy in the last decade has not been reported until now.

A spokeswoman for Paul said the senator and his wife “lost money” on the Gilead stock.

While it’s true that the price of Gilead is lower now than when Kelley Paul bought the shares, she has not sold the Gilead stock yet, meaning she has not realized any losses or gains from it.

CNBC asked Paul’s spokeswoman, Kelsey Cooper, if the senator or his wife had bought or sold any stocks in the year since the Gilead purchase. She did not answer.

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The price of Gilead stock has fluctuated since Kelley Paul bought shares at $74.70, climbing as high as $83.99 and falling as low as $56.56.

Gilead shares were trading at $70.65 late Thursday.

Exactly how many shares Kelley Paul owns is unclear. Senators are required to report the value of transactions by them or their spouses only within a range of dollar values. In this case, Kelley Paul bought between $1,001 and $15,000 worth of shares, Sen. Paul’s disclosure said.

Last month, Sen. Tommy Tuberville, R-Ala., disclosed stock and stock option trades valued at a total of between $894,000 and $3.5 million from January through May.

Like Paul, Tuberville made his disclosure after the expiration of the deadline set by the STOCK Act.

Tuberville’s trades included a Jan. 25 sale of stock put options for Alibaba Group Holding Limited, the giant Chinese e-commerce company. Tuberville is a leading critic of China.

A Tuberville spokeswoman told CNBC last month that the senator had not even known about the individual stock and stock option trades and therefore also had not known they needed to be disclosed by the STOCK Act’s deadline.

She said Tuberville has financial advisors who handle his stock trading. She would not identify those managers when asked who they were.

Correction: This article has been updated to reflect the correct spelling of remdesivir.

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Politics

Census Reveals a Nation That Resembles Its Future Extra Than Its Previous

At first blush, Thursday’s release of census data held great news for Democrats. It painted a portrait of a considerably more urban and metropolitan nation, with increasingly Democratic metropolitan areas bustling with new arrivals and the rural, Republican heartland steadily losing residents.

It is a much less white nation, too, with the white non-Hispanic population for the first time dropping in absolute numbers, a plunge that exceeded most experts’ estimates, and the growth in the Latino population slightly exceeding forecasts.

But the census paints a picture of America as it is. And as it is, America is not very Democratic.

Besides the census, the other great source of data on American politics is the result of the 2020 election, which revealed a deeply and narrowly divided nation. Despite nearly the full decade of demographic shifts shown by the census, Joe Biden won the national vote by the same four-point margin that he won by as Barack Obama’s running mate eight years earlier — and with fewer votes in the Electoral College.

Democrats face great challenges in translating favorable demographic trends into electoral success, and the new census data may prove to be only the latest example. While the census shows that Democratic-leaning groups represent a growing share of the population, much of the population growth occurred in the Sun Belt, where Republicans still control the redistricting process. That gives them yet another chance to preserve their political power in the face of unfavorable demographic trends. And they are well prepared to do so.

The new data will be used by state legislatures and commissions to redraw electoral maps, with the potential to determine control of Congress and state legislatures across the country in next year’s midterm election.

Thursday’s release, the most detailed yet from the 2020 census, depicted a nation that increasingly seems to resemble its future more than its past. The non-Hispanic white share of the population fell to 57.8 percentage points, nearly two points lower than expected, as more Americans identified as multiracial. Vast swaths of the rural United States, including an outright majority of its counties, saw their populations shrink.

“Democrats have reason to be happy with this census data set,” said Dave Wasserman, House editor of the Cook Political Report, who cited the higher-than-expected population tallies in New York and Chicago and the steady growth of the nation’s Hispanic population.

Many Democrats had feared that Latino and urban voters would be badly undercounted amid the coronavirus pandemic and the Trump administration’s effort to ask about citizenship status.

It is still possible that the census undercounted Hispanics, but the results did not leave any obvious evidence that the count had gone awry. The Hispanic share of the population was in line with projections. New York City, the epicenter of the pandemic, showed unexpectedly strong population growth.

The surprising decline in the white and rural population is likely to bolster Democratic hopes that demographic shifts might help progressives secure a significant electoral advantage.

But the possibility that demographic changes would doom conservatives has loomed over American politics for more than a decade, helping to exacerbate conservative fears of immigration and even to motivate a wave of new laws intended to restrict access to voting. Tucker Carlson, the Fox News television show host, has repeatedly stoked racist fears of “white replacement,” warning his viewers that it is a Democratic electoral strategy.

Yet despite the seemingly favorable demographic portrait for Democrats depicted by the 2020 census, the 2020 election returned another closely divided result: a 50-50 Senate, one of the closest presidential elections in history, and a House majority so slender that it might be undone by the very data that Democrats were celebrating on Thursday.

The nation’s electoral system — which rewards flipping states and districts — has tended to mute the effect of demographic change. Many Democratic gains in vote margins have come in metropolitan areas, where Democratic candidates were already winning races, or in red states like Texas, where Democrats have made huge gains in presidential elections but haven’t yet won many additional electoral votes.

But Democrats haven’t fared much better over the past decade, as one would have expected based on favorable demographic trends alone. It’s not clear they’ve improved at all. Barack Obama and Joe Biden each won the national popular vote by four percentage points in 2012 and 2020. Demographic shifts, thus far, have been canceled out by Republican gains among nonwhite and especially Latino voters, who supported Mr. Trump in unexpectedly large numbers in 2020 and helped deny Democrats victory in Florida.

The new census data confirms that the nation’s political center of gravity continues to shift to the Republican Sun Belt, where demographic shifts have helped Democrats make huge inroads over the past decade. Georgia and Arizona turned blue in 2020. Texas, where Hispanic residents now roughly equal non-Hispanic whites, is on the cusp of becoming a true battleground state.

Just 50.1 percent of Georgians were non-Hispanic whites, according to the new census data, raising the possibility that whites already represent a minority of the state’s population by now.

But despite Democratic gains in the Sun Belt, Republicans continue to control the redistricting process in most of the fast-growing states that picked up seats through reapportionment.

The relatively robust number of Latino and metropolitan voters will make it more difficult for Republicans to redraw some maps to their advantage, by requiring them to draw more voters from rural Republican areas to dilute urban and metropolitan concentrations of Democratic-leaning voters. It may also help Democrats redraw maps to their favor in Illinois and New York, where they do control the redistricting process.

But there are few limits on gerrymandering, and even today’s relatively favorable data for Democrats are unlikely to be enough to overcome the expected Republican advantages in states where they enjoy full control over the redistricting process.

The Democrats may be relying on the Republicans’ growing bashful about gerrymandering, said Michael McDonald, a political science professor at the University of Florida.

“What the Republicans will have to do is crack the urban areas, and do it pretty aggressively,” he said. “It’s just one of those things we’ll have to see — how aggressive Republicans can be.”

Nick Corasaniti contributed reporting.

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Politics

Kathy Hochul to host first fundraiser subsequent week after saying NY governor run

New York Lieutenant Governor Kathy Hochul speaks during a press conference the day after Governor Andrew Cuomo announced his resignation on August 11, 2021 at the New York State Capitol in Albany, New York.

Cindy Schultz | Reuters

The New York Lt. Gov. Kathy Hochul plans to host a personal fundraiser in her hometown of Buffalo next week as she prepares to run for governor in 2022, according to people familiar with the matter.

Hochul will lead the event on Wednesday, days before it takes over Andrew Cuomo, who on Tuesday announced his resignation over countless sexual harassment allegations that got him in hot water with state lawmakers and prosecutors. He said his resignation would take effect in two weeks.

Top tickets are expected to cost between $ 2,500 and $ 5,000, these people said. There will likely be a separate base donation event that day as well, one of the people said.

The Hochul fundraising campaign will also celebrate its birthday, said these people. Hochul holds a fundraiser for her birthday every year, added one of the people.

These people declined to be named in order to speak freely about an event that does not appear to be on Hochul’s public calendar.

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This event has higher stakes than previous fundraisers. It could help set the tone for Hochul’s 2022 governorship campaign, in which she could face stiff competition from several prominent Democrats.

New York Mayor Bill de Blasio and State Senator Alessandra Biaggi have not ruled out running for the governor’s villa. Attorney General Letitia James, whose report on Cuomo allegations of sexual harassment led to the governor’s resignation, is believed to be a potential lead candidate for the job.

Hochul becomes the state’s first female governor.

One of the people said that the fundraiser was originally supposed to take place on Hochul’s property in Buffalo next week, but that it had to be relocated due to increased interest in it. The fundraiser could also be postponed to another date after it settles into the governor’s job.

Although the event was launched before Cuomo’s resignation and the appointment of Hochul as the state’s next head of government, the money raised at the event will end up in their gubernatorial campaign account. State records show that Hochul’s campaign to re-elect the lieutenant governor raised just over $ 525,000 in the first half of the year and has just over $ 1.7 million to spend.

Hochul told NBC’s “TODAY” that she is moving forward with her candidacy for governor next year.

“I fully expect that. I have prepared myself for it,” said Hochul when asked if she would run.

Those expected to join the fundraiser next week are many of Hochul’s most loyal supporters, these people said.

“These are people who have been with her since the city council. They have long been her supporters and friends,” one person with direct knowledge of the congregation told CNBC.

Hochul received calls from donors shortly after James released the report that Cuomo had sexually molested 11 women. Cuomo has denied wrongdoing. Some of the donors who spoke to Hochul at the time to encourage her to run for governor had previously supported Cuomo.

Many of Cuomo’s other top financiers are starting to privately acknowledge that they will support Hochul in 2022, said a person familiar with the talks.

A Hochul spokesman did not respond to repeated requests for comment.

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Politics

Garland Meets With State Supreme Courtroom Justices on Evictions Freeze

Biden administration officials, worried that a new freeze on evictions might be struck down in federal court — and racing to prevent a national crisis — are increasingly turning to state courts to help deliver billions in federal housing aid.

On Wednesday, Attorney General Merrick B. Garland held a virtual meeting with 35 state Supreme Court justices in an effort to encourage them to use every tool at their disposal to avert or delay evictions by ensuring landlords and tenants have access to a $47 billion fund allocated by Congress.

Only about $3 billion of that cash — roughly 7 percent — had been allocated by June 30, according to the Treasury Department, which oversees the program.

“State courts are on the front lines of this crisis,” said Associate Attorney General Vanita Gupta, who has been overseeing the department’s efforts on evictions.

The effort to pay off back rent accrued during the pandemic has been hampered by resistance among some owners, who would rather evict nonpaying tenants than wait for federal payments, and sluggish efforts by states to create an infrastructure to distribute the largest allocation of housing funding in generations.

White House officials cited the need to buy more time for the aid program, along with public health concerns stemming from the Delta variant of the coronavirus, in drafting the new moratorium after the old one expired on July 31.

During Wednesday’s meeting, Mr. Garland cited several state initiatives as models for localities to follow, including an order by Michigan’s State Supreme Court requiring courts to stay eviction proceedings for up to 45 days to allow tenants to complete applications for rental assistance, according to Justice Department officials.

Another effort Mr. Garland singled for praise was a directive by the Republican-controlled Supreme Court in Texas, which modified notices sent to tenants who are sued for eviction to make sure they are aware of the benefits.

The state’s judicial training center also created instructions for local justices of the peace to divert landlords to the federal aid program whenever possible. That move, coupled with a joint federal-state effort to simplify application forms, is already showing some results, said Chief Justice Nathan Hecht.

“I’ve been on the bench for 40 years, and to tell the truth, judges historically did not see these kinds of programs as having anything to do with them, but that is changing,” Chief Justice Hecht said in an interview.

“The key to the whole thing is that the application process has got to be easy, it’s got to be simple,” he added. “Landlords are frustrated, and tenants are facing the streets, and overall it’s a very tense time. So, we can’t be telling people it’s going to take six weeks to get your money.”

In addition to pressuring Mr. Garland to help speed the checks, the justices asked federal officials to prioritize the role of the judiciary in all aid programs — to allow state courts to more easily tap into relief money to hire landlord-tenant mediators and navigators to assist tenants who cannot afford counsel to understand their rights in court.

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These lobbyists are speaking to subsequent NY governor

New York Lieutenant Governor Kathy Hochul speaks during a press conference the day after Governor Andrew Cuomo announced his resignation on August 11, 2021 at the New York State Capitol in Albany, New York.

Cindy Schultz | Reuters

Kathy Hochul won’t become New York’s governor for about two weeks, but some lobbyists have already had a leg in the race to influence her.

Hochul, who was elected Vice Governor of the state in 2014, has already dealt with several lobbyists from various industries this year.

She will replace Governor Andrew Cuomo after he announced on Tuesday that he would resign in two weeks after the attorney general presented a report saying he sexually molested 11 women. Cuomo, who continues to deny wrongdoing, was investigated for several months before quitting.

“I’m sure you have sought Kathy Hochul’s favor in the Albany lobbying world, starting with the cascade of allegations earlier this year,” a longtime Democratic insider with ties to the government told CNBC. “I bet that was when your phone went down because Albany lobbyists know when a major change is imminent.” This person declined to be called to speak freely.

On Wednesday, Hochul said that she had already been in contact with the heads of state of the legislature as well as the heads of companies and trade unions. She also vowed to clean up the toxic work environment that Cuomo was accused of overseeing.

Hochul, who will be the state’s first female governor, had heard from some of the state’s top funders prior to Cuomo’s resignation.

Some of the lobbyists who were in contact with her had ties to Cuomo’s late father, former Governor Mario Cuomo; former New York City Mayor Rudy Giuliani and former Governor David Paterson.

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Andrew Cuomo’s connections with lobbyists include Giorgio DeRosa, the father of Cuomo’s longtime associate Melissa DeRosa. DeRosa and his team temporarily deployed Hochul employees for a large number of customers.

A spokesman for DeRosa’s company Bolton-St. Johns said her team looks forward to working with Hochul and the next New York City Mayor, who is slated to be Democratic nominee Eric Adams.

Here are the lobbying shops that were in contact with Hochul this year.

Kasirer

A lobbying disclosure report shows that the Kasirer law firm, together with state lawmakers, spoke directly to Hochul between May and June. The effort went to Columbia Care Inc., a cannabis product pharmacy with locations in New York.

According to the report, the focus for Kasirer was on “building relationships with regard to cannabis legislation”. Cuomo signed a bill in March that would legalize recreational marijuana use in the Empire State. Hochul will now be responsible for the future implementation of the directive.

One of the lobbyists listed in the report who campaigned for Hochul is Suri Kasirer, the company’s founder and president. Kasirer was part of the senior staff of Governor Mario Cuomo. Crain’s has named Kasirer “New York City’s Most Successful Lobbyist”.

Kasirer’s website lists numerous corporate clients, including Wall Street firms like Goldman Sachs and Morgan Stanley; Real estate giants like RXR, Brookfield, Tishman and Brodsky, and media companies like Comcast and NBCUniversal, parent companies of CNBC.

The company did not respond to requests for comment.

Sheridan Hohman & Associates

Sheridan Hohman & Associates, a lobbying shop run by Tim Sheridan and Katie Hohman, reached out to Hochul this summer.

Sheridan was the director of government affairs under Mario Cuomo. Between May and June, they campaigned on behalf of Hochul and other state officials for the New York Association of Training & Employment Professionals, a nonprofit that focuses on human resource development in the state.

According to the lobbying report, their efforts focused on “government funding” for a “human resource development initiative”.

The company did not respond to a request for comment.

Shenker Russo & Clark

Shenker Russo & Clark, an Albany company that represented the Greater New York Automobile Dealers Association, championed Hochul, according to a disclosure report.

Theresa Russo is the company’s CEO. Russo, co-managing director Doug Clark, and other office executives are featured in the lobbying report showing their recent collaboration with Hochul. Russo once worked for Giuliani and Paterson.

Russo and Clark emailed CNBC to say they have known Hochul since their time in Congress and look forward to working on behalf of their clients with the new government.

“She has always been a person of great integrity and intelligence – qualities that will serve her well at the beginning of this new chapter,” said Russo and Clark in a joint statement. “We have spoken to her as lieutenant governor on behalf of clients and have always appreciated her willingness to listen to all sides of a problem.”

Dickinson & Avella

Dickinson & Avella, another Albany store that has a number of corporate clients, also championed Hochul.

The lobbying took place between May and June for Silvercup Services, which shares the same address as Silvercup Studios, one of the largest film and television production studios in New York City. Projects filmed at Silvercup Studios include Spike Lee’s “Do the Right Thing” and the hit HBO series “Succession” and “The Sopranos”.

Michael Avella and Christina Dickinson, both partners in the firm, are featured in the lobbying report. It is said that they agreed directly with Hochul on a government bill on a film tax credit.

The company’s officials did not respond to requests for comments.

A Hochul representative did not respond to a request for comment prior to publication.

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Taliban Advances in Afghanistan Might Deliver Political Peril for Biden

When President Biden announced his plan to withdraw U.S. troops from Afghanistan, the politics seemed relatively simple: Many polls showed that Americans supported ending the country’s nearly 20-year involvement in a war whose goals had become obscure.

But four months later, with the Taliban storming across the country much faster and more ruthlessly than expected, new political risks are coming into view for Mr. Biden, who had hoped to win credit for ending what he has called one of America’s “forever wars.”

Now U.S. officials are racing to evacuate Afghans who assisted the American military and may be targets of Taliban reprisals, and are contemplating the prospect of hastily evacuating the 4,000 Americans at the U.S. Embassy in the capital city of Kabul.

The threat of a Taliban conquest and new risks to U.S. personnel and allies in the country could cause Americans who had been paying little attention to Afghanistan for the past several years to reconsider their views, particularly if Republicans amplify a message of American failure and capitulation.

“Everybody’s worried about a repeat of the Saigon images,” said Brian Katulis, a foreign policy expert at the liberal Center for American Progress, referring to the chaotic April 1975 evacuation of the American Embassy in South Vietnam’s capital. Desperate Vietnamese clung to the struts of departing helicopters as the city was being conquered by Communist forces.

Americans remain focused on domestic matters like the coronavirus and the economy, and are unlikely to care much that the Taliban have captured unfamiliar cities like Kunduz, said Mr. Katulis, who has studied public opinion about foreign policy.

“But this could change,” he added. “If you have a parade of horribles continue to unfold in Afghanistan, it could seep into the public consciousness the way Iraq did in 2013 and 2014” when the Islamic State stormed across that country after American troops withdrew.

Speaking to reporters at the White House on Tuesday, Mr. Biden said he did “not regret” his decision, noting that the United States continued to support Afghanistan’s government and security forces but adding, “They’ve got to fight for themselves.”

Officials in the Biden administration have repeatedly expressed hope that negotiations between the Taliban and the Afghan government might produce a peaceful resolution short of a Kabul-based Taliban emirate, but prospects for successful talks are swiftly fading.

Fortunately for Mr. Biden, many Republicans in Congress have turned against foreign military adventures and supported a full exit from Afghanistan, to which President Donald J. Trump first committed last year when he struck a deal with the Taliban. Under the agreement, the group halted its attacks on U.S. forces and began peace talks with the Afghan government.

Understand the Infrastructure Bill

    • One trillion dollar package passed. The Senate passed a sweeping bipartisan infrastructure package on Aug. 10, capping weeks of intense negotiations and debate over the largest federal investment in the nation’s aging public works system in more than a decade.
    • The final vote. The final tally in the Senate was 69 in favor to 30 against. The legislation, which still must pass the House, would touch nearly every facet of the American economy and fortify the nation’s response to the warming of the planet.
    • Main areas of spending. Overall, the bipartisan plan focuses spending on transportation, utilities and pollution cleanup.
    • Transportation. About $110 billion would go to roads, bridges and other transportation projects; $25 billion for airports; and $66 billion for railways, giving Amtrak the most funding it has received since it was founded in 1971.
    • Utilities. Senators have also included $65 billion meant to connect hard-to-reach rural communities to high-speed internet and help sign up low-income city dwellers who cannot afford it, and $8 billion for Western water infrastructure.
    • Pollution cleanup: Roughly $21 billion would go to cleaning up abandoned wells and mines, and Superfund sites.

Both Mr. Trump and Mr. Biden were in sync with public opinion. Polls have shown for years that a plurality of Americans support withdrawing from Afghanistan, with a majority supporting either a full exit or a smaller U.S. presence.

But as the U.S.-backed Afghan government in Kabul appears more imperiled, some prominent Republicans are increasing their criticism of Mr. Biden.

“Reality was clear to everyone but the very top of the Biden administration,” Senator Mitch McConnell, Republican of Kentucky and the minority leader, said in remarks on Monday on the Senate floor, as he noted prior warnings that the Taliban might quickly overwhelm the Afghan government’s security forces. “From their bizarre choice of a symbolic Sept. 11th deadline to the absence of any concrete plan, the administration’s decision appears to have rested on wishful thinking and not much else.”

“No one should pretend they’re surprised the Taliban is winning now that we abandoned our Afghan partners,” Senator Ben Sasse, Republican of Nebraska, said in a statement on Tuesday.

But Mr. Sasse also nodded to the complicated political dynamic in which Mr. Biden is delivering on a promise made by Mr. Trump.

“Our troops served America and our allies admirably, but the last administration and the present administration chose to give up the fight,” Mr. Sasse said.

Updated 

Aug. 11, 2021, 9:06 p.m. ET

It may be a consolation to Biden administration officials that Mr. Trump is unlikely to join in the attacks. The former president, who made U.S. troop withdrawals a key campaign theme in the 2020 election, pressed his generals in vain to accelerate the American exit.

And Mr. Trump reiterated his support for leaving Afghanistan as recently as April, when he attacked Representative Liz Cheney, Republican of Wyoming, in a statement as a “warmongering fool” who “wants to stay in the Middle East and Afghanistan for another 19 years, but doesn’t consider the big picture — Russia and China!”

“If Trump is the Republican nominee again, I think it would be hard for him to criticize Biden for executing a plan that Trump put into motion,” said Richard Fontaine, the chief executive of the Center for a New American Security and a former foreign policy adviser to the hawkish Republican senator John McCain.

“Trump didn’t just open the door” to a withdrawal, Mr. Fontaine added. “What he did was force the issue in a way that it hadn’t been forced before.”

But Mr. Fontaine, who opposes the American troop withdrawal, said that major political and security risks remained for Mr. Biden. He argued that domestic support for leaving Afghanistan had never been intense, coming nowhere near the mass demonstrations opposing the Vietnam and Iraq wars.

And he said that the possibility of a Taliban takeover followed by a return to the country of the group’s longtime Qaeda allies would be a huge liability for Mr. Biden.

“Polls show that a majority of Americans want to leave Afghanistan,” Mr. Fontaine said. “But they also show that if you ask Americans about their foreign policy or national security objectives, they will almost always rank preventing terrorist attacks on the United States as No. 1 or 2, and they will rank extracting America from military operations overseas far below that.”

Mr. Trump’s top lieutenants, who frequently lead political attacks on Mr. Biden, are similarly constrained in their ability to turn events in Afghanistan against him.

Mike Pompeo, who as secretary of state attended the signing ceremony in Qatar of Mr. Trump’s deal with Taliban leaders, has repeatedly attacked the Biden administration as weak on foreign policy.

In an appearance this week on Fox News, however, Mr. Pompeo — who is contemplating a 2024 presidential bid — called the troop withdrawal “the right thing to do.”

In language that closely echoed Mr. Biden’s recent remarks, he added: “This is now the Afghans’ fight.”

Some prominent supporters of a military withdrawal from Afghanistan say that Mr. Biden has little to worry about in political terms, noting that his decision enjoyed broad bipartisan support, including from politically diverse veterans’ groups.

“I think that the American public is much more likely to see what’s happening right now, as tragic and worrisome as it is, as ultimately the failure of two decades of war and occupation in Afghanistan,” said Kate Kizer, the policy director of the anti-interventionist group Win Without War.

“It’s important to remember that the reason the public supports a military withdrawal from Afghanistan, as well as from Iraq, is that they think these wars themselves are a mistake and failure,” she added.

Ms. Kizer said she worried that some “members of the foreign policy establishment in Washington took the lesson from Iraq that chaos ensues when the U.S. withdraws” and would be quick to press for renewed American intervention.

Mr. Katulis said he could imagine pressure for an American return to Afghanistan, years after President Barack Obama reluctantly sent troops back to Iraq after the Islamic State began to capture and execute American hostages.

Such a scenario would likely require worst-case outcomes, he said, like the killings of Americans or senior Afghan government officials. (After the Taliban first conquered Kabul in 1996, militants captured the country’s president, Mohammad Najibullah, shot him in the head and hung his beaten body from a tower.)

For now, Mr. Katulis said, “people care more about their bridges and roads getting fixed. Afghanistan right now is out of sight, out of mind.”

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Afghanistan conflict will unfold past borders as Taliban advances: negotiator

DUBAI, United Arab Emirates — The Taliban’s blitz of Afghan territory expanded on Wednesday, with the insurgents asserting control over nine of the country’s 34 provincial capitals.

Afghan and U.S. officials have warned of catastrophic violence in the war-torn country of 39 million as the deadline approaches for all U.S. troops to withdraw by the end of August.

Nader Nadery, a senior member of the Afghan Peace Negotiation Team, expressed grave concern over the rapidly worsening situation while speaking to CNBC on Wednesday.

“If the Taliban advances militarily, the region will be burned. This war will not be contained within the borders of Afghanistan,” Nadery told CNBC’s Capital Connection.

Asked what he saw as the most immediate danger to the international community, Nadery, who lived through decades of turmoil in Afghanistan, described a potential swell in terrorist activity far beyond the country fueled by a sense of victory over Western forces.

The fear is of “a consolidation of power of all the terrorist groups [under] the umbrella of Taliban and the space that the Taliban is providing for them,” Nadery said.

“The slogan now of every single terrorist group with the jihadist mind is ‘now that we have defeated the United States and its 42 allies in Afghanistan, we can go after them anywhere’,” Nadery added. “That slogan is a clear danger that will enable groups like the Daesh (ISIS), Al Qaeda and others to rally more people, because they’re on the march, they feel triumphant.”

“Members of the Taliban told us in our face that they have defeated the United States and the NATO allies,” he continued. “And that’s not going to be an easy slogan for them to give up, it will be a danger to any disenchanted young in the region and in a broader global arena, where they will join forces around that slogan, and this is not an easy danger.”

International terrorism spawning from a war-torn state is all too familiar. Al Qaeda grew in the 1990s as the group was provided a haven by Afghanistan’s Taliban government, providing a base to plan the September 11 attacks, which prompted the initial U.S. invasion of Afghanistan nearly 20 years ago.

The Taliban’s continued push for power across Afghanistan is also bolstered by the group’s recently gained international legitimacy, starting with the U.S.-Taliban peace deal and more recently its senior members’ visit to China that saw what appeared to be warming ties with Beijing.

“China, unfortunately, have given them [the Taliban] a red carpet just recently, those things need to be ended if we are to see a stable region,” Nadery said.

‘They’ve got to fight for themselves’

At the White House on Tuesday, President Joe Biden told reporters that he does not regret his decision to withdraw American troops from Afghanistan, despite shocking gains by the Taliban.

“Look, we spent over a trillion dollars over twenty years, we trained and equipped with modern equipment over 300,000 Afghan forces,” Biden said.

“Afghan leaders have to come together,” the president added. “They’ve got to fight for themselves, fight for their nation.”

In April, Biden ordered the full withdrawal of approximately 3,000 U.S. troops from Afghanistan by Sept. 11.

The Pentagon’s colossal task of removing servicemembers and equipment out of Afghanistan is nearly complete, with the U.S. military mission slated to end by Aug. 31.

Since the U.S. began its withdrawal from the war-torn country, the Taliban has made stunning battlefield advances despite being vastly outnumbered by the Afghan military.

On Wednesday, the Taliban seized three provincial Afghan capitals as well as a local army headquarters in Kunduz, according to the Associated Press. Wednesday’s gains give the Taliban approximately two-thirds control of the nation.

What’s more, the Taliban swiftly seized five provincial Afghan capitals over the weekend, taking three in one day alone.

An Afghan special force member attends a military operation against the Taliban fighters in Kandak Anayat village of Kunduz city, Afghanistan, July 23, 2021.

Ajmal Kakar | Xinhua News Agency | Getty Images

At the Pentagon, spokesman John Kirby told reporters on Monday that while the Biden administration plans to continue to provide air support, there was not much else the U.S. military could do.

“We will certainly support from the air, where and when feasible, but that’s no substitute for leadership on the ground, it’s no substitute for political leadership in Kabul, it’s no substitute for using the capabilities and capacity that we know they have,” Kirby said.

Kirby added that while the Pentagon is concerned to see such advances by the Taliban, the Afghan military must now leverage the years of training from U.S. and NATO coalition forces.

“They have an Air Force, the Taliban doesn’t. They have modern weaponry and organizational skills, the Taliban doesn’t. They have superior numbers to the Taliban,” Kirby said. “They have the advantages, and it’s really now their time to use those advantages.”

Pentagon Press Secretary John Kirby speaks at press conference at the Pentagon January 28, 2021 in Arlington,Virginia.

Yasin Ozturk | Anadolu Agency | Getty Images

As the security situation in Afghanistan worsens, the State Department is looking at ways in which to downsize the U.S. Embassy in Kabul. There are approximately 600 U.S. troops protecting the embassy grounds.

“Obviously it is a challenging security environment and were we able, were we confident and were we comfortable having a larger staffing presence there we would,” State Department spokesman Ned Price told reporters Tuesday when asked about the reduction in staff in Kabul.

“We are evaluating the threat environment on a daily basis. The Embassy is in regular contact with Washington with the most senior people in this building, who in turn are in regular contact with our colleagues at the [National Security Council] in the White House,” Price added.

Amanda Macias contributed to this report from Washington.

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Politics

Key Democrats Warn In opposition to Last $3.5 Trillion Price range Value Tag

Senator Joe Manchin III. of West Virginia, a key moderate Democrat, announced Wednesday that he likely won’t support a $ 3.5 trillion economic package just hours after helping advance a draft budget that would allow his party to legislate to create at this price.

Mr Manchin held a key vote on the unanimous Republican opposition to approve the bill, which will allow Senate Democrats to put together a large package that they hope will fund climate change, health care and education, while taxes increased for wealthy people and businesses.

The Senate passed measure 50-49, with one legislature, Senator Mike Rounds, Republican from South Dakota missing in the vote just before 4 a.m. Consequences for West Virginians and every American family if Congress decides another 3.5 Spending trillions of dollars. “

“I firmly believe that irresponsible spending continues to jeopardize our nation’s ability to respond to unforeseen crises our country may face,” said Manchin. “I urge my colleagues to seriously consider this reality as this budget process evolves over the coming weeks and months.”

Senator Kyrsten Sinema of Arizona, another important Democrat, had previously announced that she would not support a final $ 3.5 trillion package. Like Mr Manchin, she voiced her vote in support of the draft budget as a way to start the process rather than accepting the intended outcome.

Understand the Infrastructure Act

    • A trillion dollar package passed. The Senate passed a comprehensive bipartisan infrastructure package on Aug. 10 that concludes weeks of intense negotiations and debates on the largest federal investment in the nation’s aging public construction system in more than a decade.
    • The final vote. The final balance in the Senate was 69 votes to 30 against. Legislation, yet to be passed in the House of Representatives, would touch almost every facet of the American economy and strengthen the nation’s response to planet warming.
    • Main Spending Areas. Overall, the bipartisan plan focuses on spending on transportation, utilities, and removing pollution.
    • transport. About $ 110 billion would be used on roads, bridges, and other transportation projects; $ 25 billion for airports; and $ 66 billion for the railroad, giving Amtrak most of the funding it has received since it was founded in 1971.
    • Utilities. The Senators have also raised $ 65 billion to connect hard-to-reach rural communities to high-speed internet and attract low-income urban dwellers who can’t afford it, and $ 8 billion for western water infrastructure.
    • Cleaning up pollution: Approximately $ 21 billion would be used to rehabilitate abandoned wells and mines, as well as Superfund sites.

The declaration underscores the difficult path ahead of the draft, which could set in motion the largest expansion of the federal security network in almost six decades. If the Democrats try to flesh it out and turn it into law, it will require their progressive and moderate wings to remain virtually without votes.

The blueprint vote came a day after bipartisan approval of a $ 1 trillion infrastructure package. Its passage came after a marathon session of rapid-fire votes, in which Republicans, powerless to halt action in a Senate controlled by Vice President Kamala Harris’ tied vote, instead the Democrats with politically charged amendments pelt. The votes dragged on for 14 hours late into the night.

The draft allows Senate Democrats to put together a massive package that will contain the rest of President Biden’s $ 4 trillion economic agenda.

“This legislation will not only offer tremendous support to the children of this country, the parents of this country, the elderly of this country,” said Senator Bernie Sanders of Vermont, the independent head of the budget committee. “But I hope it will also restore the belief that in America we can have a government that works for everyone, not just a few.”

Republicans condemned the move to unleash an unprecedented wave of spending that could ruin the country’s finances and economy.

Biden’s budget 2022

Fiscal year 2022 for the federal government begins October 1, and President Biden has announced what he plans to spend from that point on. But any issue requires the approval of both houses of Congress. The plan includes:

    • Ambitious total expenditure: President Biden wants the federal government to spend $ 6 trillion in fiscal year 2022 and total spending to rise to $ 8.2 trillion by 2031. This would bring the United States to its highest sustained federal spending level since World War II, while running deficits of over $ 1.3 trillion over the next decade.
    • Infrastructure plan: The budget outlines the President’s desired first year of investment in his American Jobs Plan, which aims to fund improvements to roads, bridges, public transportation, and more for a total of $ 2.3 trillion over eight years.
    • Family plan: The budget also addresses the other major spending proposal that Biden has already launched, his American Families Plan, which aims to strengthen the United States’ social safety net by expanding access to education, lowering childcare costs, and bringing women in the world of work are supported.
    • Compulsory programs: As usual, mandatory spending on programs like Social Security, Medicaid, and Medicare is a significant part of the proposed budget. They grow as America’s population ages.
    • Discretionary issues: Funds for the individual budgets of the agencies and executive programs would reach around $ 1.5 trillion in 2022, a 16 percent increase over the previous budget.
    • How Biden would pay for it: The president would fund his agenda largely through tax hikes for businesses and high earners, which would begin to reduce budget deficits in the 2030s. Administrative officials said tax increases would fully offset employment and family plans over the course of 15 years, which the budget request supports. In the meantime, the budget deficit would stay above $ 1.3 trillion each year.

“People want to pretend this is just normal business – only liberals doing liberal things through the Senate process,” said Kentucky Senator Mitch McConnell, the minority leader. “Make no mistake. This reckless tax and shopping frenzy is like nothing we have ever seen.”

The blueprint is now going into the house, where lawmakers will return early from a planned summer break in the week of August 23 to accommodate it. But moderate Democrats in this chamber are also calling for an independent vote on the bipartisan infrastructure package, which could hamper efforts to get the measure passed quickly. Progressives have said they will not vote on the infrastructure bill until the House of Representatives approves the budget package.

“The Democrats have worked for months to get to this point and there is much more work to come,” said New York Senator Chuck Schumer, the majority leader. “But I can say with absolute certainty that it will be worth it.”

The budget resolution will ultimately allow Democrats – if they stay united – to use the expedited budget reconciliation process to protect the legislature from a Republican filibuster. It would pave the way for Medicare to be expanded to include dentistry, health, and eyesight benefits; finance a variety of climate protection programs; offer free pre-kindergarten and community college; and levy higher taxes on wealthy corporations and corporations.

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Politics

Senate passes $3.5 trillion finances decision after infrastructure invoice

Senate Democrats have taken their first step towards approving a $ 3.5 trillion spending plan early wednesday while the party pushes a massive economic agenda.

After more than 14 hours of voting on amendments, the Democratic-held chamber voted to pass a 50-49 budget resolution down the party lines. The move instructs committees to draft a bill that would spend up to $ 3.5 trillion on climate change initiatives, paid vacation, childcare, education and health care.

“The Democratic budget will bring a generation change in the way our economy works for the average American,” said Schumer after he was passed.

It’s the first step in the budget reconciliation process that will allow Democrats to pass their plan without a Republican Senate vote that’s split 50-50 by party. The GOP has united against the proposal and the tax hikes for businesses and wealthy individuals who want to use the Democrats to pay for it.

The vote on the resolution follows the passage of a bipartisan $ 1 trillion infrastructure bill by the Senate. The Democrats see the bipartisan plan and their reconciliation law as complementary elements of an agenda aimed at creating jobs, slowing climate change and strengthening the social safety net.

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For the Democrats, there were early signs of trouble that every member of their Senate faction must keep on board in order to pass their spending plan. Senator Joe Manchin, DW.V., raised concerns about the $ 3.5 trillion price tag and signaled that he would try to cut the final legislation.

“Given the current state of economic recovery, it is simply irresponsible to continue spending at levels better suited to responding to a Great Depression or a Great Recession – not an economy poised to overheat,” he said in a statement.

None of the bills will land on President Joe Biden’s desk for weeks or even months. The House of Representatives must also approve a budget resolution before Congress can draft and pass final laws.

House spokeswoman Nancy Pelosi, D-California, balances competing interests in her caucus, saying she will not adopt the infrastructure or reconciliation laws until the Senate passes both of them. However, she was pressured by centrists in her party to hold an independent vote on the bipartisan plan.

House majority leader Steny Hoyer announced Tuesday that the chamber will return from its current hiatus on August 23, about a month earlier than previously planned. The House of Representatives will pass the budget resolution, said the Maryland Democrat.

The Senate will leave Washington by mid-September.

Senate Majority Leader Chuck Schumer, DN.Y., gave the committees a goal on Sept. 15 to put their pieces of the bill together.

The resolution aims to expand paid family and sick leave, make childcare more accessible, create a universal pre-K and fee-free community college, and expand the improved household tax credits passed during the coronavirus pandemic. It is also recommended that the Medicare eligibility age be lowered and that benefits be extended to include dental, visual and hearing aids.

The measure also calls for the expansion of green energy and the containment of climate change through tax incentives for companies, consumer discounts and polluter fees.

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Senate Passes $3.5 Trillion Price range Plan, Advancing Sweeping Security Internet Growth

“You’re spending money like drunken sailors,” declared Senator Lindsey Graham of South Carolina, the top Republican on the Budget Committee. “You’re putting in motion, I think, the demise of America as we know it. You’re putting in motion a government that nobody’s grandchild can ever afford to pay.”

The proposed changes, many of which were shot down along party lines, were nonbinding and intended more to burnish a political case against the most vulnerable Democratic senators facing re-election in 2022 than to become law. Some Republicans said the brunt of their proposals would wait until the subsequent legislation was finished, when changes could actually be adopted.

“The next vote-a-rama is the one that really matters, because then you’re firing with live ammo,” said Senator Patrick J. Toomey, Republican of Pennsylvania. “So I’m much more interested in that one than this one.”

The hourslong stretch began with a vote that would prohibit funding or regulations to establish the Green New Deal, with Senator John Barrasso, Republican of Wyoming, declaring that any such provision “will reduce the quality of life for American people — millions and millions of Americans will suffer.”

“I have no problem voting for this amendment, because it has nothing to do with the Green New Deal,” Mr. Sanders shot back. The amendment passed unanimously, with the legislation’s Democratic sponsors dismissing it as “a tired and failed Republican attempt to throw speed bumps on the road to climate action.”

Democrats worked to remain in lock step to ward off many of the Republican proposals, including a provision from Senator Charles E. Grassley, Republican of Iowa, that would prevent changes to the cap on how much taxpayers can deduct in state and local taxes. Democrats from high-tax states, particularly New York, New Jersey and California, have made raising or repealing the cap a priority, and a partial repeal is under discussion to be included in the final legislation.