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| | | WHAT WE'RE WATCHING | | 🚨 Dozens of pro-Palestine agitators were arrested on day two of the DNC. Anti-Israel activists burned American flags and clashed with Chicago police on Tuesday in a show of force that was more violent than the first day of the Democratic convention. Tuesday's demonstration was organized by several pro-terrorist groups, including Palestine Action US, Behind Enemy Lines, and Samidoun — which is a Soros-funded terror group that is banned in Germany. | 🤝 The RFK Jr. campaign may unify with Trump. Kennedy's running mate, Nicole Shanahan, revealed on a podcast that their campaign is considering joining forces with Trump to prevent a potential Harris-Walz victory. This comes as the Kennedy campaign is stagnating in the polls, and signals RFK's potential success in connecting with Donald Trump while being sidelined by Harris. | 🚓 Trump announced a slate of new criminal policies. Speaking at the country sheriff's department in Howell, MI, Donald Trump came out in favor of the death penalty for child rapists and felonies for doctors who perform sex change surgeries on minors without parental consent. He also pledged to crack down on dangerous criminals by reinstating "Stop and Frisk" to "deliver law, order, safety, and peace." | 🧒 ICE lost track of tens of thousands of migrant children. An internal watchdog for Homeland Security (DHS) reported on Tuesday that since 2019, ICE has lost track of more than 32,000 unaccompanied migrant children after they were transferred from the custody of DHS to Health and Human Services. Many of these missing children can be traced back to individuals who failed to show up for their immigration court hearings. |
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| | | WHAT WE'RE HEARING | Protesters yelled, "Brick by brick, wall by wall, Zionism has got to fall," at a DNC event hosted by Orthodox Jews on the rise of antisemitism. Donald Trump said he likes and respects Barack and Michelle Obama. Pete Buttigieg said that voting for Kamala Harris will show that "we are serious about law and order in this country."
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| | | IN THE LOOP | Kamala Harris is proposing to raise the corporate tax rate from 21 to 28 percent. Kamala Harris turned down a Fox News debate against Trump. 13 protesters were arrested during the first day of the DNC. Bomb threats were reported at four Chicago hotels near the DNC. David Goldman took a deep dive into China. Read his insights on the country's deepest problems, their recent progress, and why American aircraft carriers are sitting ducks. The most clicked link in our last newsletter was Candace Owen's father in law's stance on antisemitism and Israel.
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| | | A Gold IRA can diversify your portfolio and safeguard your retirement | Safeguarding your retirement with a Gold IRA can help you shield your wealth from market shifts, economic uncertainty, and inflation. And with gold's value projected to increase in 2024, now is a good time to invest. Planning for retirement involves more than saving, so fortify your portfolio with gold today and plan for a better tomorrow. | See our list of Best Gold IRA Companies to start planning a better retirement. | |
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| | | WASHINGTON | Republicans botch Biden's impeachment | | The GOP-led House Oversight Committee finally released its report on President Biden's alleged financial corruption The report likely will not translate into meaningful legislation or policy change This continues a trend of House Republicans failing to capitalize on damning committee findings
| The story | After years of Republican investigations into President Joe Biden's alleged financial corruption, the House Oversight Committee concluded that he engaged in "impeachable conduct" — accusing him of "abusing his office" and "defrauding the United States to enrich his family." | The nearly 300-page report alleges that the Biden family and associates received over $27 million from foreign interests since 2014, implying that these payments would buy access to Joe Biden. The payments were made by businessmen and oligarchs from Russia, China, Kazakhstan, Ukraine, and Romania, funneled through shell companies designed to hide their origins. | Additionally, the House Oversight report accuses the Biden family of exploiting Joe Biden's vice presidency to secure over $8 million in unpaid loans from Democrat benefactors. | Republicans cited testimony they obtained indicating that Biden took part in the conspiracy by attending dinners with foreign business partners and engaging in phone calls with his son Hunter Biden's business contacts. | The allegations stemmed from evidence found on Hunter's laptop in 2020. Among the most striking revelations was that the family funneled money from a Chinese Communist Party (CCP) asset to Joe Biden as part of a deal Hunter made. Unlike other stories, this is proven — not just alleged. | However, while Republicans have for years been exposing alleged corruption of the Biden family, it is unlikely that these findings will result in any consequences. House Republicans are far short of having enough support to impeach the president, and the prospect of Biden's removal by the Senate appears even more distant. | This isn't the first time a Republican committee made damning allegations against its opponents, with minimal tangible results. In December 2023, the House Oversight Committee reported on Biden's FBI weaponizing law enforcement against conservative Catholics. It also reported that the CIA colluded with Biden's 2020 campaign to downplay Hunter's laptop as "Russian misinformation." | In fact, dozens of GOP-led reports on government corruption have failed to translate into change, reflecting a longstanding pattern of Republicans failing to pass legislation or take action to address wrongdoings. By contrast, Democrats impeached former President Donald Trump twice during his term, even though their allegations relied heavily on outright hoaxes. | GOP leadership dropping the ball | Rep. Jim Jordan (R-OH) is a top House Republican who typically flouts accomplishments originating from House committees. Jordan celebrated the Oversight Committee's impeachment case against President Biden, saying that "Democrats can no longer stretch the truth to cover for President Biden." | But with just over two months until the election and Biden out of the race, the report has lost its political relevance. | House Oversight Committee Chairman, Rep. James Comer (R-KY) all but admitted the report had no immediate political value, instead choosing to focus on tarnishing the president's "legacy." | Leaders like Jordan, Comer, and Speaker Mike Johnson (R-LA) have no use for impeaching Biden now, even if they had the necessary votes — simply because the effort took too long. | The only hard action from GOP leadership in response to serious allegations of corruption came from a bipartisan bill introduced by Comer and Democrat Rep. Katie Porter (CA). The bill mandates that presidents and vice presidents, along with immediate family members, disclose conflicts of interest, foreign payments, expensive gifts, loan transactions, and tax returns — for two years before, during, and after their terms in office. | The legislation has been sitting in committee since May. | An underwhelming term | It may appear that Republican leadership's inability to pass meaningful legislation to address Democrat malfeasance is due to a divided Congress. Although Republicans control the House, Democrats maintain a slight majority in the Senate. Congress is divided, and political partisanship runs deep, so little legislation is likely to make it through both chambers. | Despite the divide, Republicans occasionally manage to pass meaningful legislation. Back in 2023, House Republicans passed the Protecting Speech from Government Interference Act in a party-line vote, to prevent federal officials from pushing for censorship. The bill was introduced in response to federal bureaucrats' efforts to coerce Big Tech to censor viewpoints on social media. | This is one of few occasions where a House Oversight Committee report resulted in the House of Representatives stepping up to pass legislation — just one instance in two years since Republicans controlled the House when a meaningful bill passed. The bill was never subsequently addressed in the Senate. | House Republicans have trouble passing even simple spending bills — most recently failing to pass legislative funding for fiscal year 2025, which resulted in the Democrat-controlled Senate taking charge. The GOP-sponsored bill that was nixed included "unnecessary, harmful, and discriminatory policies," according to Democrats. In that spending bill, Republicans sought to slash DEI programs and plastic waste programs — evidently a nonstarter for Democrats. | House leadership is tasked with finding workarounds to pass such bills. But Republicans continue to face challenges in leading their slim majority, struggling to pass even routine legislation. | Democrats have called out Republicans for their embarrassing performance this term, citing that the House GOP has had the most rule votes go down in American history. They had to remove a member of their own party and deal with several resignations, and have passed approximately 50 bills, while most House terms average 400. | Issues within the Republican caucus go far beyond just maintaining a slim majority. Key Republican organizations like the National Republican Congressional Committee and the Republican National Committee have repeatedly fallen short in securing victories in the 2018, 2020, 2021, and 2022 elections. | Why it matters | After years of Republicans spotlighting Joe and Hunter Biden's alleged corruption, House Oversight Committee results arrived months too late to provide any added value. Now that President Biden is less irrelevant, the "impeachment inquiry" that GOP leadership had been drumming up will almost certainly not lead to impeachment. | And with Kamala Harris now representing the Democrat Party, the political calculus has changed, rendering the report even less consequential. | Even if Republicans secure a larger House majority in November, and possibly the Senate, they will still face the challenge of unifying around key policy priorities. The GOP's leadership problem could continue hindering its ability to fulfill conservative interests. | |
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| | | OUR QUESTION TO YOU | 📊 Should Republicans still move to impeach Biden?Poll results will be in tomorrow's newsletter. | | | POLL RESULTS FROM YESTERDAY | Should abortion be legal during the first two trimesters? | ⬜️⬜️⬜️⬜️⬜️⬜️ 👍 Yes (79) | 🟩🟩🟩🟩🟩🟩 👎 No (876) | ⬜️⬜️⬜️⬜️⬜️⬜️ 🤔 Unsure (67) | 👍 Yes: "It's no one's business but a woman and her doctor at any time. And absolutely no one anyplace is killing a baby in utero that is viable on its own." — B.S. 👎 No: "Life is life." — G.T. 🤔 Unsure: "First trimester only." — Anonymous 🤔 Unsure: "It should be left to the States to determine what is right for their constituents. The Feds have no business being involved." — Anonymous | | | | 1,022 votes |
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|  | See you tomorrow. |
| Today's newsletter was written by Brandon Goldman and Ari David. | |
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