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Representative Adam Schiff was mingling his way through a friendly crowd at a Democratic barbecue when the hecklers arrivedby boat. Schiff and two other Senate candidates, Representatives Katie Porter and Barbara Lee, convened on the back patio of a country club overlooking the port of Stockton, California. Schiff spoke first. Its such a beautiful evening, he said, thanking the host, local Democratic Representative Josh Harder.

It was hard to know what to make of the protest vessel, except that its seven passengers were yelling things as Schiff began his remarks. And not nice things. Although their words were tough to decipher, the flag flying over the craft made clear where they were coming from: FUCK BIDEN . Notably, of the three candidates, Schiff was the only one I heard singled out by nameor, in one case, by a Donald Trumpinspired epithet (Shifty) and, in another, a four-letter profanity similar to the congressmans surname (clever!).

Schiff is used to such derision and says it proves his bona fides as a worthy Trump adversary. Given the laws of political physics today, it also bodes well for his Senate campaign. The principle is simple: to be despised by the opposition can yield explicit benefits. This is especially true when you belong to the dominant party, as Schiff does in heavily Democratic California. One sides villain is the other sides champion. Adam Schiff embodies this rule as well as any politician in the country.

In recent years, Schiff has had a knack for eliciting loud and at times unhinged reactions from opponents, even though he himself tends to be quite hinged. The 45th president tweeted about Schiff 328 times, as tallied by Schiffs office. Tucker Carlson called the congressman a wild-eyed conspiracy nut. A group of QAnon followers circulated a report in 2021 that U.S. Special Forces had arrested Schiff and that he was in a holding facility awaiting transfer to Guantnamo Bay for trial (the report proved erroneous). Before Schiff had a chance to meet his new Republican colleague Anna Paulina Luna, of Florida, she filed a resolution condemning his Russia hoax investigation and calling for him to potentially be fined $16 million (the resolution failed).

This onslaught has also been good for business, inspiring equal passion in Schiffs favor. A former prosecutor, he became an icon of the left for his emphatic critiques of Trumps behavior in office, including as the lead House manager in Trumps first impeachment trial. You know you cant trust this president to do whats right for this country, Schiff said as part of his closing argument, a speech that became a rallying cry of the anti-Trump resistance. (I am in tears, the actor Debra Messing wrote on Twitter.) Opponents gave grudging respect. They nailed him, Senate Republican leader Mitch McConnell told Mitt Romney, according to an account in a new Romney biography by my colleague McKay Coppins. Schiffs own Trump-era memoir, Midnight in Washington, became a No. 1 New York Times best seller.Representative Adam Schiff speaks to supporters at a barbecue hosted by fellow Democratic House member Josh Harder in Stockton, California. (Photographs by Austin Leong for The Atlantic)

You could draw parallel lines charting the levels of vilification that Schiff has encountered and his name recognition and fundraising numbers. Both the good and the grisly have boosted Schiffs media profile, which he has adeptly cultivated. Schiff has come in at or near the top of the polls in the Senate race so far, along with Porter. A Berkeley IGS survey released last week revealed him as the best-known of the candidates vying for the late Dianne Feinsteins job; 69 percent of likely voters said they could render an opinion of him (40 percent favorable, 29 percent unfavorable). He raised $6.4 million in the most recent reporting period, ending the quarter with $32 million cash on hand, or $20 million more than the runner-up, Porter. Thats more than any Senate candidate in the country this election cycle, and a massive advantage in a state populated by about 22 million registered voters covering some of the nations most expensive media markets.

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Hes become an inspiration and a voice of reason for many of us, Becky Espinoza, of Stockton, told me at the Democratic barbecue.

Or at least the sector of many of us who dont want him dead.

Schiff started getting threats a few months into Trumps presidency. Welcome to the club, Nancy Pelosi, his longtime mentor, told him. He endured anti-Semitic screeds online and actual bullets sent to his office bearing the names of Schiffs two kids. I cant stand the fact that millions of people hate you; they just hate you, Schiffs wife, Eveyes, Adam and Evetold her husband after the abuse started. They just hate you.

No one deserves to be subjected to such menace, and the threats can be particularly chilling for a member of Congress who would not normally have a protective detail. (Schiffs office declined to discuss its security staffing and protocols.) Schiff is not shy about repeating these ugly stories, however. Theres an element of strategic humblebragging to this, as he is plainly aware that being a target of the MAGA minions can be extremely attractive to the Democratic voters he needs.

In June, congressional Republicans led a party-line vote to censure Schiff for his role in investigating Trump. As then-Speaker Kevin McCarthy attempted to preside, Democrats physically rallied around Schiff on the House floor chanting shame at McCarthy. On the day of his censure, Schiff was interviewed on CNN and twice on MSNBC; the next morning he appeared on ABCs The View. Whoever it was that introduced that censure resolution against him probably ensured Adams victory, Representative Mike Thompson, another California Democrat, told me. A few colleagues addressed him that day as Senator Schiff.

I dropped in on Schiff periodically over the past few months as he traversed the chaos of the Capitol, weighed in on Trumps legal travails, and campaigned across California. What did a Senate candidacy look like for a Trump-era cause clbre who is revered and reviled with such vigor? I found it a bit odd to see Schiff out in the political wildglad-handing, granny-hugging, and, at the barbecue in late August, nearly knocking a plate of brisket from the grip of an eager selfie-seeker. He has graduated to a full-on news-fixture status, someone perpetually framed by a screen or viewed behind a podium, as if he emerged from his mothers womb and was dropped straight into a formal courtroom, hearing room, or greenroom setting.

I watched a number of guests in Stockton clutch Schiffs hand and address him in plaintive tones. After I stopped crying a little bit, I just wanted to thank him for all he did during impeachment and to just save our democracy, said Espinoza, following her brief meeting with the candidate.

Nearby, David Hartman, of Tracy, California, put down a paper plate of chicken, pickles, and corn salad and made his way to Schiff. I just want to shake the mans hand and thank him, Hartman told me, which is what he did. So did his wife, Tracy (of Tracy!), who was likewise surprised to find herself in tears.

Im like a human focus group, Schiff told me, describing how strangers approach him at airports. Sometimes I will have two people come up to me simultaneously. One will say, You are Adam Schiff. I just want to shake your hand. Youre a hero. And the other will say, Youre not my hero. Why do you lie all the time?

For his first eight terms in Congress, Schiff, 63, was not much recognized beyond the confines of the U.S. Capitol or the cluster of affluent Los Angelesarea neighborhoods he has represented in the House since 2001. I think, before Trump, if you had to pick one of these big lightning rods or partisan bomb-throwers, you would not pick me, Schiff told me.

Largely true. Schiff speaks in careful, somewhat clipped tones, with a slight remnant of a Boston accent from his childhood in suburban Fraingham, Massachusetts. (His father was in the clothing business and moved the family to Arizona and eventually California.) A Stanford- and Harvard-trained attorney, Schiff gained a reputation as an ambitious but low-key legislator in the House, and a deft communicator in service of his generally liberal positions.A Fox News reporter and other guests at the barbecue in Stockton.(Photographs by Austin Leong for The Atlantic)

After Trumps election, however, Schiffs district effectively became CNN, MSNBC, and the network Sunday shows, along with the scoundrels gallery of right-wing media that pulverized him hourly. This included a certain Twitter feed. The worst abuse Schiff received started after Trumps maiden tweet about him dropped on July 24, 2017. This was back in an era of relative innocence, when it was still something of a novelty for a sitting president to attack a member of Congress by nameSleazy Adam Schiff, in this case.

Schiff tweeted back that Trumps comments and actions are beneath the dignity of the office. Schiff would later reveal that he rejected a less restrained rejoinder suggested by Mike Thompson, his California colleague: Mr. President, when they go low, we go high. Now go fuck yourself. Anyway, that was six years, two impeachments, four indictments, 91 felony counts, and 327 tweets by Donald Trump about Adam Schiff ago.

Adam Schiff: America must stand as a bulwark against autocracy

Adam is one of the least polarizing personalities you will ever find, said another Democratic House colleague, Dan Goldman, of New York. The reason hes become such a bogeyman for the Republican Party is simply that hes so effective. Goldman served as the lead majority counsel during Trumps first impeachment, working closely with Schiff. We originally met in the greenroom of MSNBC in June of 2018, Goldman told me. (Of course they did.)

Schiff understands that some of the rancor directed at him is performative, and likes to point out the quiet compliments he receives from political foes. Trump used to complain on Twitter that Schiff spent too much time on televisionin reality, a source of extreme envy for the then-president. Schiff tells a story about how Jared Kushner, Trumps son-in-law, came to Capitol Hill for a deposition from members of Schiffs Intelligence committee in 2017. Kushner comes up to me to make conversation, and to ingratiate himself, Schiff told me. And he said, You know, you do a great job on television. And I said, Well, apparently your father-in-law doesnt think so, and [Kushner] said, Oh, yes, he does. (Kushner didnt respond to a request for comment.)

One of Trumps most fervent bootlickers, Senator Lindsey Graham, walked up to Schiff in a Capitol hallway during the first impeachment trial and told him how good of a job he was doing. Schiff, who relayed both this and the Kushner stories in his memoir, says he gets that from other Republicans, too, usually House members hes worked withincluding some who lampoon him in front of microphones. A few House Republicans apologized privately to Schiff, he told me, right after they voted to censure him.

The apologies are always accompanied by Youre not going to say anything about this, are you? Schiff said. When I urged Schiff to name names, to call out the hypocrites, he declined.

I asked Schiff if he would prefer the more anonymous, pre-2017 version of himself running in this Senate campaign, as opposed to the more embattled, death-threat-getting version, who nonetheless enjoys so many advantages because of all the attention. He paused. Id rather the country didnt have to go through all this with Donald Trump, he said, skirting a direct answer.

As with many members of Congress seeking a promotion or an exit, Schiff gives off a strong whiff of being done with the place. The House has become kind of a basket case, he told me, citing one historic grandiloquence that he was recently privy tothe episode in which Representative Marjorie Taylor Greene called her colleague Lauren Boebert a little bitch on the House floor.

And I remember thinking to myself, There used to be giants who served in this body, Schiff said. He sighed, as he does.

I met with Schiff at the Capitol in early October, amid the usual swirl of weighty events: Feinstein had died three days earlier; news that Governor Gavin Newsom would appoint the Democratic activist Laphonza Butler as her replacement came the night before. That afternoon, Republican Representative Matt Gaetz had filed his fateful motion to vacate that would result in the demise of McCarthys speakership the next day. Schiff stood just off the House floor, colleagues passing in both directions, Republicans looking especially angry, and reporters gathering around Schiff in a small scrum.

No matter what happens next November, Schiff is not running for reelection in the House. He told me he has long believed that hed be a better fit for the Senate anyway, where he has been coveting a seat for years. Schiff said he considered running in 2016, after the retirement of the incumbent Barbara Boxer (who was eventually succeeded by Kamala Harris).

A Democrat will almost certainly win the 2024 California race. Senate contests in the state follow a two-tiered system in which candidates from both parties compete in a March primary, and then the two top finishers face off in November, regardless of their affiliation. In addition to Schiff, Porter, and Lee, the former baseball star Steve Garvey, known also for his various divorce and paternity scandals, recently entered the race as a Republican. A smattering of long shots are also running, including the requisite former L.A. news anchor and requisite former Silicon Valley executive. Butler announced on October 19 that she would not seek the permanent job.

To varying degrees, all of the three leading Democratic candidates have national profiles. Lee, who has represented her Oakland-area district for nearly 25 years, previously chaired both the Congressional Progressive and Black Caucuses. Porter was elected to Congress in 2018 and has gained a quasi-cult following as a progressive gadfly who has a knack for conducting pointed interrogations of executives and public officials that go rapidly viral. A few of her fans were so excited to meet Porter at the Stockton barbecue that three actually spilled drinks on herthis according to the congresswoman, speaking at an event a few days later.

Ronald Brownstein: Who will replace Dianne Feinstein?

Schiff, Porter, and Lee all identify as progressive Democrats on most issues, though Schiff tends to be more hawkish on national security. He voted to authorize the wars in Afghanistan and Iraq and supported the 2011 U.S. missile strikes against Libya. Lee, who opposed all three, recently criticized Schiffs foreign-policy views as part of the status quo thinking in Washington. (Porter was not in office then.) Schiff expressed unequivocal support for the security and the right of Israel to defend itself after last months attacks by Hamas. Lee has been more critical of the Israeli government, and called for a cease-fire immediately after the Hamas attacks. As for Porter, she has been a rare progressive to focus her response on Americas Iran policy, which she called lacking and partly to blame for the attacks.

Although Schiff is best known for his work as a Trump antagonistand happily dines out on thathe is also wary of letting the former president define him entirely. This is bigger than Trump, he reminds people whenever the conversation veers too far in Trumps inevitable direction. Schiff dutifully pivots to more standard campaign themes, namely the two hugely disruptive forces he says have shaped American life: the changes in our economy and the changes in how we get our information. He reels off the number of cities in California that hes visited, events hes done, and endorsements hes received as proof that he is a workmanlike candidate, not just a citizen of the greenroom.A group of hecklers in a boat floats by near the barbecue. (Photographs by AustinLeong for The Atlantic)

Recently, he lamented that many of his Republican colleagues are now driven by a perverse celebrity that he believes the likes of Greene and Boebert have acquired through their Trump-style antics and ties to the former president. I pointed out to Schiff that he, too, has received a lot of Trump-driven recognition. Doesnt being affiliated with Trump, whether as an ally or an adversary, have benefits for both sides?

Well, I dont view it that way at all, Schiff said. I dont view it as having any kind of equivalence. On one hand, were trying to defend our democracy. And on the other hand, we have these aiders and abettors of Trump by these vile performance artists. Its quite different.

Schiffs biggest supporter has been Pelosi, who endorsed him over two other members of her own caucus and delegation. This included Lee, whom Pelosi described to me as like a political sister. I spoke by phone recently with the former speaker, who was effusive about Schiff and scoffed at any suggestion that he benefited from his resistance to Trump and the counter-backlash that ensued. If whats-his-name never existed, Adam Schiff would still be the right person for California, Pelosi said. It was one of two occasions in our interview in which she refused to utter the word Trump.

I just dont want to say his name, she explained. Because I worry that hes going to corrode my phone or something.

In one of my conversations with Schiff, I asked him this multiple-choice question: Who had raised the most money for himAdam Schiff, Nancy Pelosi, or Donald Trump? My goal was to get Schiff to acknowledge that, without Trump, he would be nowhere near as well known, well financed, or well positioned to potentially represent the countrys most populous state in the Senate.

Im not sure how to answer that, he said. After a pause, he picked himself. I am my own biggest fundraiser, he declared. Okay, I said, but wasnt Trump the single biggest motivator for anyone to donate?

Its the whole package, Schiff maintained, ceding nothing. He then made sure to mention the person whos been most formative in helping shape my career and phenomenally helpful in my campaignNancy Pelosi. He was in no rush to give whats-his-name any credit.

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US Supreme Court will not review IRS case involving Coinbase user data

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US Supreme Court will not review IRS case involving Coinbase user data

US Supreme Court will not review IRS case involving Coinbase user data

A lower court ruling will stand in a case involving a Coinbase user who filed a lawsuit against the IRS after the crypto exchange turned over transaction data.

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Environment

Solar and wind industry faces up to $7 billion tax hike under Trump’s big bill, trade group says

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Solar and wind industry faces up to  billion tax hike under Trump's big bill, trade group says

Witthaya Prasongsin | Moment | Getty Images

Senate Republicans are threatening to hike taxes on clean energy projects and abruptly phase out credits that have supported the industry’s expansion in the latest version of President Donald Trump‘s big spending bill.

The measures, if enacted, would jeopardize hundreds of thousands of construction jobs, hurt the electric grid, and potentially raise electricity prices for consumers, trade groups warn.

The Senate GOP released a draft of the massive domestic spending bill over the weekend that imposes a new tax on renewable energy projects if they source components from foreign entities of concern, which basically means China. The bill also phases out the two most important tax credits for wind and solar power projects that enter service after 2027.

Republicans are racing to pass Trump’s domestic spending legislation by a self-imposed Friday deadline. The Senate is voting Monday on amendments to the latest version of the bill.

The tax on wind and solar projects surprised the renewable energy industry and feels punitive, said John Hensley, senior vice president for market analysis at the American Clean Power Association. It would increase the industry’s burden by an estimated $4 billion to $7 billion, he said.

“At the end of the day, it’s a new tax in a package that is designed to reduce the tax burden of companies across the American economy,” Hensley said. The tax hits any wind and solar project that enters service after 2027 and exceeds certain thresholds for how many components are sourced from China.

This combined with the abrupt elimination of the investment tax credit and electricity production tax credit after 2027 threatens to eliminate 300 gigawatts of wind and solar projects over the next 10 years, which is equivalent to about $450 billion worth of infrastructure investment, Hensley said.

“It is going to take a huge chunk of the development pipeline and either eliminate it completely or certainly push it down the road,” Hensley said. This will increase electricity prices for consumers and potentially strain the electric grid, he said.

The construction industry has warned that nearly 2 million jobs in the building trades are at risk if the energy tax credits are terminated and other measures in budget bill are implemented. Those credits have supported a boom in clean power installations and clean technology manufacturing.

“If enacted, this stands to be the biggest job-killing bill in the history of this country,” said Sean McGarvey, president of North America’s Building Trades Unions, in a statement. “Simply put, it is the equivalent of terminating more than 1,000 Keystone XL pipeline projects.”

The Senate legislation is moving toward a “worst case outcome for solar and wind,” Morgan Stanley analyst Andrew Percoco told clients in a Sunday note.

Shares of NextEra Energy, the largest renewable developer in the U.S., fell 2%. Solar stocks Array Technologies fell 8%, Enphase lost nearly 2% and Nextracker tumbled 5%.

Trump’s former advisor Elon Musk slammed the Senate legislation over the weekend.

“The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country,” The Tesla CEO posted on X. “Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future.”

Catch up on the latest energy news from CNBC Pro:

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Nissan is in crisis mode as job cuts begin and suppliers are caught in the crosshairs

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Nissan is in crisis mode as job cuts begin and suppliers are caught in the crosshairs

Is Nissan raising the red flag? Nissan is cutting about 15% of its workforce and is now asking suppliers for more time to make payments.

Nissan starts job cuts, asks supplier to delay payments

As part of its recovery plan, Nissan announced in May that it plans to cut 20,000 jobs, or around 15% of its global workforce. It’s also closing several factories to free up cash and reduce costs.

Nissan said it will begin talks with employees at its Sunderland plant in the UK this week about voluntary retirement opportunities. The company is aiming to lay off around 250 workers.

The Sunderland plant is the largest employer in the city with around 6,000 workers and is critical piece to Nissan’s comeback. Nissan will build its next-gen electric vehicles at the facility, including the new LEAF, Juke, and Qashqai.

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According to several emails and company documents (via Reuters), Nissan is also working with its suppliers to for more time to make payments.

Nissan-delays-supplier-payments
The new Nissan LEAF (Source: Nissan)

“They could choose to be paid immediately or opt for a later payment,” Nissan said. The company explained in a statement to Reuters that it had incentivized some of its suppliers in Europe and the UK to accept more flexible payment terms, at no extra cost.

The emails show that the move would free up cash for the first quarter (April to June), similar to its request before the end of the financial year.

Nissan-delays-supplier-payments
Nissan N7 electric sedan (Source: Dongfeng Nissan)

One employee said in an email to co-workers that Nissan was asking suppliers “again” to delay payments. The emails, viewed by Reuters, were exchanged between Nissan workers in Europe and the United Kingdom.

Nissan is taking immediate action as part of its recovery plan, aiming to turn things around, the company said in a statement.

Nissan-Micra-EV
The new Nissan Micra EV (Source: Nissan)

“While we are taking these actions, we aim for sufficient liquidity to weather the costs of the turnaround actions and redeem bond maturities,” the company said.

Nissan didn’t comment on the internal discussions, but the emails did reveal it gave suppliers two options. They could either delay payments at a higher interest rate, or HSBC would make the payment, and Nissan would repay the bank with interest.

Nissan-delays-supplier-payments
Nissan’s upcoming lineup for the US, including the new LEAF EV and “Adventure Focused” SUV (Source: Nissan)

The company had 2.2 trillion yen ($15.2 billion) in cash and equivalents at the end of March, but it has around 700 billion yen ($4.9 billion) in debt that’s due later this year.

As part of Re:Nissan, the Japanese automaker’s recovery plan, Nissan looks to cut costs by 250 billion yen. By fiscal year 2026, it plans to return to profitability.

Electrek’s Take

With an aging vehicle lineup and a wave of new low-cost rivals from China, like BYD, Nissan is quickly falling behind.

Nissan is launching several new electric and hybrid vehicles over the next few years, including the next-gen LEAF, which is expected to help boost sales.

In China, the world’s largest EV market, Nissan’s first dedicated electric sedan, the N7, is off to a hot start with over 20,000 orders in 50 days.

The N7 will play a role in Nissan’s recovery efforts as it plans to export it to overseas markets. It will be one of nine new energy vehicles, including EVs and PHEVs, that Nissan plans to launch in China.

Can Nissan turn things around? Or will it continue falling behind the pack? Let us know your thoughts in the comments below.

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