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On an atypical, historic day that saw former President Trump walk into a New York courthouse to be arraigned on 34 felony counts, it was business as usual at the White House.

President Biden and his team all but ignored the developments that enraptured much of Washington, D.C., on Tuesday as Trump — Biden’s predecessor and likely 2024 opponent — surrendered to authorities as both pro and anti-Trump protesters swarmed lower Manhattan.

“The president’s going to focus on the American people like he does every day, this is not something that is a focus for him,” White House press secretary Karine Jean-Pierre said as she fielded a host of questions from reporters during the daily briefing that was occurring at the same time the nation was transfixed on Trump’s surrender.

Moments after Trump arrived for his arraignment, Jean-Pierre took questions from reporters on gun laws, the detention of a Wall Street Journal reporter in Russia, gas prices and a Chinese surveillance balloon that was shot down in February.

Afterward, Biden met with a group of science and technology advisers about the future of artificial intelligence, the type of low-key White House event that garners little national attention.

The dueling scenes amount to a very intentional effort by the White House to show Biden is focused on what he believes matters to the public while his predecessor and potential 2024 opponent is at the center of a legal circus, dragging much of the GOP with him.

“This is unquestionably the right playbook. Between hush money to a porn star and campaign finance violations, each move Trump makes in this ridiculous saga turns off independents and moderates on both sides and presumably turns them right toward Biden,” said Scott Mulhauser, a partner at Bully Pulpit Interactive and former senior aide to then-Vice President Biden.

“So there’s not much of a better move than letting Trump focus on himself … while Biden continues to show what being a president who actually does the job can mean for economic growth in states across the country,” he said.

When news of Trump’s indictment broke last Thursday, Biden was preparing for a tour of tornado damage in Mississippi. Over the weekend, his administration declared a disaster declaration for the state of Arkansas which also faced devastating tornado damage, highlighting that the president had spoken to that state’s governor, Sarah Huckabee Sanders, who also happens to be Trump’s former White House press secretary.

On Monday afternoon, when cable networks were all fixated on Trump’s plane landing in New York City, Biden was touting the benefits of a new manufacturing investment during a trip to Minnesota. He briefly addressed a reporter’s question that day about potential unrest in New York due to Trump’s indictment, saying only that he had confidence in the New York Police Department to keep things from getting out of hand.

Also on Tuesday, the president’s Twitter account stayed far away from Trump news, instead being filled with posts about his economic agenda, the lack of a budget proposal from House Republicans and the results of the men’s and women’s NCAA basketball tournaments.

“I think they are doing it correctly so far, and I hope it continues, which is basically to not get into the story,” said Matt Bennett, a co-founder of the centrist think tank Third Way.

While Democrats widely agree it is in the White House’s best interest to stay out of the way while Trump reminds voters of his various legal issues, there is some frustration within the party that Biden’s efforts to focus on his agenda and issues relevant to the public is being drowned out by media coverage of the former president.

“If folks want to talk about Trump and 2024 that’s fine. But wall to wall coverage of his motorcade to the airport, his plane landing, bags being taken off the plane, and then his caravan to his apartment? C’mon. Do better,” Democratic National Committee chairman Jaime Harrison tweeted.

The efforts to contrast the Trump saga with Biden’s competence and focus on the job hearken back to the 2020 campaign, when Biden’s team was happy to sit back and let Trump grab the spotlight with incendiary remarks about the pandemic or civil unrest.

The president has largely not commented on the Trump indictment, aside from the short comments about potential unrest. 

Jean-Pierre repeatedly rebuffed questions at the White House on Tuesday, refusing to answer why the administration would barely acknowledge the historic event, citing repeatedly the “ongoing” nature of the investigation.

Fox News and The New York Times both questioned Jean-Pierre on why she didn’t have more to say, noting that it is the biggest news story in the country and that Biden has never shied away from commenting on the riots at the U.S. Capitol on January 6, 2021, despite those also being ongoing investigations.

“I think the American people should feel reassured that when there is an ongoing case like this one, that we’re just not commenting,” Jean-Pierre said in response.

When it comes to Jan. 6, she said, “the president will never shy away when it comes to our democracy … it was a different, different moment and a different time.” Officers discuss moments before taking down Nashville school shooter Tim Scott gets Senate GOP nudge for 2024 bid

She added though that Biden inevitably will stay up to date on the developments, giving the nature of the media coverage of the former president.

Biden allies insist the White House declining to comment on Trump is a better strategy.

“Why put energy on something that was in the past and done by someone who knows better?” said a former official under former President Obama. “At the end of the day, the White House has to run the country, not entertain foolishness. No person is above the law.”

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Canada’s new prime minister once said Bitcoin had ‘serious deficiencies’

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Canada’s new prime minister once said Bitcoin had ‘serious deficiencies’

Canada’s new prime minister, Mark Carney, once said recreating a virtual global gold standard like Bitcoin “would be a criminal act of monetary amnesia.”

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Sports

Bell rings up first Cup 3-race win streak since ’21

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Bell rings up first Cup 3-race win streak since '21

AVONDALE, Ariz. — Christopher Bell became the first NASCAR Cup Series driver to win three straight races in the NextGen car, holding off Joe Gibbs Racing teammate Denny Hamlin by 0.049 seconds to win the second-closest race in Phoenix Raceway history Sunday.

Bell started 11th in the 312-mile race after winning at Atlanta and Circuit of America the previous two weeks. The JGR driver took the lead out of the pits on a caution and stayed out front on two late restarts to become the first driver to win three straight races since Kyle Larson in 2021.

The second restart led to some tense moments between Bell and Hamlin — enough to make their team owner feel a bit queasy.

“I was ready to upchuck,” JGR Racing owner Joe Gibbs said.

Bell became the fourth driver in Cup Series history to win three times in the first four races — and the first since Kevin Harvick in 2018. The last Cup Series driver to win four straight races was Jimmie Johnson in 2007.

“We’ve had four races this year, put ourselves in position in all four and managed to win three, which is a pretty remarkable batting average — something that will be hard to maintain, I believe,” Bell’s crew chief Adam Stevens said.

The Phoenix race was the first since Richmond last year to give teams two sets of option tires. The option red tires have much better grip, but start to fall off after about 35 laps, creating an added strategic element.

A handful of racers went to the red tires early — Joey Logano and Ryan Preece among them — and it paid off with runs to the lead before they fell back.

Bell was among those who had a set of red tires left for the final stretch and used it to his advantage, pulling away from Hamlin on a restart with 17 laps left.

Hamlin pulled alongside Bell over the final two laps after the last restart and the two bumped a couple of times before rounding into the final two turns. Bell barely stayed ahead of Hamlin, crossing the checkered flag with a wobble for his 12th career Cup Series win. He led 105 laps.

“It worked out about as opposite as I could have drawn it up in my head,” Bell said. “But the races that are contested like that, looking back, are the ones that mean the most to you.”

Said Hamlin: “I kind of had position on the 20, but I knew he was going to ship it in there. We just kind of ran out of race track there.”

Larson finished third, Josh Berry fourth and Chris Buescher rounded out the top five.

Katherine Legge, who became the first woman to race on the Cup Series since Danica Patrick at the Daytona 500 seven years ago, didn’t get off to a great start and finished 30th.

Fighting a tight car, Legge got loose coming out of Turn 2 and spun her No. 78 Chevrolet, forcing her to make a pit stop. She dropped to the back of the field and had a hard time making up ground before bumping another car and spinning again on Lap 215, taking out Daniel Suarez with her.

“We made some changes to the car overnight and they were awful,” Legge said. “I was just hanging on to it.”

Logano, who started on the front row in his first race at Phoenix Raceway since capturing his third Cup Series at the track last fall, fell to the back of the field after a mistake on an early restart.

Trying to get a jump on Byron, Logano barely dipped his No. 22 Ford below the yellow line at the start/finish. NASCAR officials reviewed the restart and forced the Team Penske driver to take a pass through on pit road as the entire field passed him on the track.

“No way,” Logano said on his radio. “That’s freakin’ ridiculous.”

Logano twice surged to the lead after switching to the red tires, but started falling back on the primary tires following a restart. He finished 13th.

Preece took an early gamble by going to the red option tires and it paid off with a run from 33rd to third. The RFK Racing driver dropped back as the tires wore off, but went red again following a caution with about 90 laps left and surged into the lead.

Preece went back to the primary tires with 42 laps to go and started dropping back, finishing 15th.

The series heads to Las Vegas Motor Speedway next weekend.

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Technology

Bitcoin falls over 5% as volatility continues after Trump’s bitcoin reserve plan

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Bitcoin falls over 5% as volatility continues after Trump's bitcoin reserve plan

Jonathan Raa | Nurphoto | Getty Images

Bitcoin fell on Monday as volatility in the price of the world’s largest cryptocurrency continues following an executive order signed by President Donald Trump to create a strategic bitcoin reserve for the United States.

Bitcoin was trading at $81,712, down over 5% but off earlier lows, at 9:42 a.m. Singapore time, according to Coin Metrics.

The reserve will be funded by coins that have been seized in criminal and civil forfeiture cases and there are no plans for the U.S. government to buy more bitcoin. After the strategic reserve announcement last Thursday, crypto prices declined as investors were disappointed it wasn’t a more aggressive program.

Other cryptocurrency prices also dropped on Monday. Both ether and XRP were down about 7.5% at around 9:43 a.m. Singapore time.

Some investors, however, said the move to establish a reserve was bullish in the long-term.

“I absolutely think the market has this wrong,” Matt Hougan, chief investment officer at Bitwise Asset Management, told CNBC’s “Squawk Box Asia” on Monday. “The market is short-term disappointed” that the government didn’t say it was immediately going to start acquiring 100,000 or 200,000 bitcoin, he added.

Hougan pointed towards comments on X from White House Crypto and AI Czar David Sacks, who said the U.S. would look for “budget-neutral strategies for acquiring additional bitcoin, provided that those strategies have no incremental costs on American taxpayers.”

“I think the right question to ask is: did this executive order make it more likely that in the future, bitcoin will be a geopolitically important currency or asset? Will other governments look to follow the U.S.’s lead and build their own strategic reserve? And to me, the answer to that is emphatically yes,” Hougan said.

“The reason that questions matters is that’s the question that determines if bitcoin is $80,000 a coin or $1 million a coin.”

Hougan called the decline in crypto prices a “short-term setback.”

“I think the market will soon find its footing and realize that actually this is incredibly bullish long term for this asset and for crypto as a whole,” he said.

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