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Updated at 2:00 p.m. ET on March 26, 2024

Last weekend, I stood among thousands of Donald Trump supporters in a windy airfield, watching them watch their candidate. I traveled to the former presidents event just outside Dayton, Ohio, because I couldnt stop thinking about something that had happened one week earlier, at his rally in Georgia: Trump had broken into an imitation of President Joe Bidens lifelong stutter, and the crowd had cackled.

Mocking Biden is not the worst thing Trump has ever done. Biden is a grown man, and the most public of figures. He does not need to be babied by other politicians or members of the media. Trump disrespects all manner of people, but he had notably avoided mocking Bidens stutter throughout the 2020 campaign. No more.

Read: Trump finds another line to cross

This is bigger than Biden, though. Stuttering is a genetic neurological disorderone that can be covered under the Americans With Disabilities Act, one that 3 million Americans have. Trump may or may not know that, but he certainly knows that having a disability is something both Democrats and Republicans experience. Scores of Trump supporters are older, and are therefore more likely to be disabled themselves. Most everyone can think of at least one disabled friend or family member, a person they wouldnt want taunted by a bully on the dais.

On Saturday, as we awaited Trumps arrival by private plane, my colleague Hanna Rosin and I spent the day wandering the grounds of Wright Bros. Aero Inc., asking rally attendees uncomfortable questions about what theyre comfortable with. Virtually everyone was bothered by specific examples of Trumps recent bullying. But as they unpacked their thoughts, they continually found ways to excuse their favored candidates behavior. Many interviewees repeatedly contradicted themselves, perhaps because of a particular variable: Im a person who stutters, and that day, I was asking real people how they felt about Trump making fun of stuttering.

A married couple from Dayton, Todd and Cindy Rossbach, were waiting in a long, snaking line to take in their sixth Trump rally. Hes the best president Ive ever seen in my lifetime, Todd said. Probably Reagan comes in second. I asked him if he had seen Trumps comments during the Georgia rally, and specifically, if he had seen Trump imitate Bidens stutter. He saw it all. I think hes got every right to do whatever he wants to do at this point, Todd said. The level of, uh, cruelness, may seem tough, but theyre being very cruel with him, so it seems justified.

His wife spoke up. I disagree, because I think when you make fun of people, it just makes you look bad, Cindy said. Its not the Christian way to be, she added a little later. I just feel like it makes Trump look bad, when hes probably not a bad person. But he is just stooping to their level, and I dont like it. Nevertheless, neither of them felt that Trump could do anything between now and November to make him lose their vote.

Farther back in line was Cheryl Beverly, from Chillicothe, Ohio, who said she works locally trying to get children out of homelessness. Beverly shared that she has a learning disability and has trouble spelling. Even as an adult, shes regularly ridiculed. It does hurt my feelings at times, she said. She acknowledged that its hard to see a lot of people make fun of people with disabilities, and pointed to the risk of suicide and addiction among members of the community. Well just go in a dark secret hole and not come out, Beverly said. Yet she also said she still planned to vote for Trump this fall. She was able to separate Trumps taunts from her personal feelings by chalking his behavior up to politics. If a child asked her about Trumps belittlement, she imagined that she would liken it to playing a game: Youre just finding a way for you to become the winner and they become the loser, she offered. Its just trash-talking.

Near a food truck inside the venue, I struck up a conversation with a woman from Cincinnati named Vanessa Miller. She was wearing a T-shirt that read Jesus Is My Savior, Trump Is My President , and a dog tag inscribed with the serenity prayer. She hadnt seen, or heard about, the clip of Trump mimicking Biden. Trump is a good man, Miller said. Hes not perfect. Biden is not handicapped. Hes just an ass, and he does not care about this country. She went on, If Trump made fun of Biden, well, like I said, hes not perfect, but it wasnt about a disability. It was about how he has made this country dysfunctional, not disabled.

From the January/February 2020 issue: What Joe Biden cant bring himself to say

A bit later, she told me that Biden doesnt stutter; hes mentally incapable of running this country. But then she did something surprising: She reached out and grabbed my arm in a maternal fashion. And I feel what youreI feel what youre saying, she said, acknowledging my own stutter. People that are unkind to people with disabilities, its shameful. Its awful. Absolutely disgusting. And I guess I understand that, like, in an election, you know, it gets ugly, and elections get competitive, and people say things, people do things.

I unlocked my phone and showed her a video of Trumps stuttering impression. She turned her focus to the mainstream media in general. She said that for the press to inflame and use disabilities to get people riled up is exactly what they want. Nothing would stop her from voting for Trump.

This pattern continued in nearly every interaction that day: skepticism, a momentary denouncement, then an eventual conclusion that Trump was still a man worth their vote. A woman named Susie Mikaloff, who runs a Mathnasium tutoring center, told me, I dont appreciate the making-fun-of part, but he doesnt have to be my best friend. He just has to do the best job for the country and for me. So I have to overlook that, because everybody has their good points and their bad points.

Shana, a special-education teacher from Indiana who did not give her last name, told me, ?I would still support him because I feel like people make mistakes. They say things they shouldnt say. And I feel like God is the judge on that, you know, and that were to forgive him. She noted that if Trump were to mock Bidens stutter at this rally, shed be inclined to write him a letter saying that everybody was born of God and that we shouldnt be making fun of anybody.

Saturdays event was hosted by the Buckeye Values political-action committee, ostensibly in support of the U.S. Senate candidate Bernie Moreno. But Trump, of course, was the real draw. Moreno, who last night won the Ohio Republican primary, was merely among the presidents list of warm-up speakers, alongside South Dakota Governor Kristi Noem, Senator J. D. Vance of Ohio, and Representative Jim Jordan of Ohio.

When Trumps plane touched down on the runway behind the stage, the dramatic electric-guitar instrumental from Top Gun played over the loudspeakers. Because of the wind, the teleprompters were swaying, making it nearly impossible for Trump to read his prepared remarks. So he went off script and rambled for about 90 minutes. Hey, its a nice Saturday, what the hell, we have nothing else to do, Trump said. Most of Trumps rhetoric vacillated between aggrieved and menacing. He called migrants animals and warned of a bloodbath next year. (The latter comment came after Trump was talking about the auto industry, though some intuited the remark to refer to political violence.) Trump didnt bust out his schoolyard mimic of Bidens stutter this time, but he did repeatedly attack the way Biden speaks. He cant talk, Trump said.

People began filing out long before Trump finished speaking. When the event was finally over, I loitered by one of the merch tables. (A selection of that days T-shirt and sticker offerings: Joe and the Hoe Gotta Go , Jihad Joe , Trumps face on Mount Rushmore, a cartoon Trump urinating on Biden la Calvin and Hobbes.) Oneman, a union worker named Joseph Smock, told me that hed been red pilled eight years ago after seeing the effects of illegal immigration in his native California. (He now lives in Dayton.) Unlike many other attendees I spoke with, Smock fully acknowledged Bidens history with stuttering, rather than dismissing it as a media invention or a political ploy for sympathy. He characterized Trump as someone with a hard slant. When, like Biden, youre in the big leagues, he said, Trumps going to hit you, and if he sees a weakness, hes gonna go for it. Some people like that; some people dont.

Read: You should go to a Trump rally

A man on an electric scooter, Wes Huff, rolled by with a big grin and his wife, Lisa, by his side. Wes told me that this was their first Trump rally, and that they thought it was awesome. Wes is disabledhe has dealt with diabetes and kidney failure, and is missing five toes. He shared that all of his siblings are also disabled. He hadnt seen Trumps clip from a week earlier. I asked Huff a hypothetical question: If Biden made fun of a rival for using a wheelchairsomeone like Texas Governor Greg Abbottwould he find that offensive? Yeah. Oh yeah, he said.

But then our conversation migrated back to stuttering in particular. I actually used to stutter, he said. He was bullied for it as a kid. He also told me about an old colleague of his who stuttered, who was ridiculed as an adult. Huff was kind and sensitive as he described their friendship, how he would look out for him. You shouldnt make fun of disabled people, he said. He also said he still planned to vote for Trump this fall.Related PodcastListen to John Hendrickson discuss this article with Hanna Rosin on Radio Atlantic:Subscribe here: Apple Podcasts | Spotify | YouTube | Google Podcasts | Pocket Casts

This story previously misstated Susie Mikaloff’s last name.

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Biden Administration Strips Federal Funding From Nonprofit at Center of COVID Lab Leak Controversy

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Today, the Biden administration suspended federal funding to the scientific nonprofit whose research is at the center of credible theories that the COVID-19 pandemic was started via a lab leak at the Wuhan Institute of Virology.

This morning, the U.S. Department of Health and Human Services (HHS) announced that it was immediately suspending three grants provided to the New York-based nonprofit EcoHealth Alliance (EHA) as it starts the process of debarring the organization from receiving any federal funds.

“The immediate suspension of [EcoHealth Alliance] is necessary to protect the public interest and due to a cause of so serious or compelling a nature that it affects EHA’s present responsibility,” wrote HHS Deputy Secretary for Acquisitions Henrietta Brisbon in a memorandum signed this morning.

For years now, EcoHealth has generated immense controversy for its use of federal grant money to support gain-of-function research on bat coronaviruses at the Wuhan lab.

In a memo justifying its funding suspension, HHS said that EcoHealth had failed to properly monitor the work it was supporting at Wuhan. It also failed to properly report on the results of experiments showing that the hybrid viruses it was creating there had an improved ability to infect human cells.

Congressional Republicans leading an investigation into EcoHealth’s research in Wuhan, and the role it may have played in starting the pandemic via a lab leak, cheered HHS’s decision.

“EcoHealth facilitated gain-of-function research in Wuhan, China without proper oversight, willingly violated multiple requirements of its multimillion-dollar National Institutes of Health [NIH] grant, and apparently made false statements to the NIH,” said Rep. Brad Wenstrup (ROhio), chair of the House’s Select Subcommittee on the Coronavirus Pandemic in a statement. “These actions are wholly abhorrent, indefensible, and must be addressed with swift action.”

Beginning in 2014, EcoHealth received a grant from NIH’s National Institute of Allergies and Infectious Diseases (NIAID) to study bat coronavirus in China. Its initial scope of work involved collecting and cataloging viruses in the wild and studying them in the lab to spot which ones might be primed to “spillover” into humans and cause a pandemic.

Soon enough, EcoHealth used some of the viruses they’d collected to create “chimeric” or hybrid viruses that might be better able to infect human lung cells in genetically engineered (humanized) mice.

This so-called “gain-of-function” research has long been controversial for its potential to create deadly pandemic pathogens. In 2014, the Obama administration paused federal funding of gain-of-function research that might turn SARS, MERS, or flu viruses into more transmissible respiratory diseases in mammals.

In 2016, NIH flagged EcoHealth’s work as likely violating the 2014 pause.

EcoHealth President Peter Daszak argued to NIH at the time that the viruses his outfit was creating had not been proven to infect human cells and were genetically different enough from past pandemic viruses that they didn’t fall under the Obama administration pause.

NIH accepted this argument under the condition that EcoHealth immediately stop its work and notify the agency if any of its hybrid viruses did show increased viral growth in humanized mice.

But when these hybrid viruses did show increased viral growth in mice, EcoHealth did not immediately stop work or notify NIH. It instead waited until it submitted an annual progress report in 2018 to disclose the results of its experiments.

A second progress report that EcoHealth submitted in 2021, two years after its due date, also showed its hybrid viruses were demonstrating increased viral growth and enhanced lethality in humanized mice.

In testimony to the House’s coronavirus subcommittee earlier this month, Daszak claimed that EcoHealth attempted to report the results of its gain-of-function experiments on time in 2019, but was frozen out of NIH’s reporting system.

The HHS memo released today says a forensic investigation found no evidence that EcoHealth was locked out of NIH’s reporting system. The department also said that EcoHealth had failed to produce requested lab notes and other materials from the Wuhan lab detailing the work being done there and the lab’s biosafety conditions.

These all amount to violations of EcoHealth’s grant agreement and NIH grant policy, thus warranting debarment from future federal funds, reads the HHS memo.

That EcoHealth would be stripped of its federal funding shouldn’t come as too great a shock to anyone who watched Daszak’s congressional testimony from earlier this month. Even Democrats on the committee openly accused Daszak of being misleading about EcoHealth’s work and manipulating facts.

Rep. Raul Ruiz (DCalif.), the ranking Democrat on the House’s coronavirus subcommittee, welcomed EcoHealth’s suspension, saying in a press release that the nonprofit failed its “obligation to meet the utmost standards of transparency and accountability to the American public.”

An HHS Office of the Inspector General report from last year had already found that EcoHealth had failed to submit progress reports on time or effectively monitor its subgrantee, the Wuhan Institute of Virology.

When grilling Daszak, Democrats on the Coronavirus Subcommittee went to great lengths to not criticize NIH’s oversight of EcoHealth’s work. The HHS debarment memo likewise focuses only on EcoHealth’s failures to abide by NIH policy and its grant conditions.

Nevertheless, it seems pretty obvious that NIH was failing to abide by the 2014 pause on gain-of-function funding when it allowed EcoHealth to go ahead with creating hybrid coronaviruses under the condition that they stop if the viruses did prove more virulent.

NIH compounded that oversight failure by not stopping EcoHealth’s funding when the nonprofit did, in fact, create more virulent viruses, and not following up on a never-submitted progress report detailing more gain-of-function research until two years later.

The House Subcommittee’s investigation into NIH’s role in gain-of-function research at the Wuhan lab is ongoing. Tomorrow it will interview NIH Principal Deputy Director Lawerence Tabak. In June, it will interview former NIAID Director Anthony Fauci.

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Dogecoin Open Interest Hits Monthly Highs As Memecoin Gains In Market Rally, Analyst Forecasts 74-100% Jump

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Dogecoin DOGE/USD racked up impressive gains this week, prompting cryptocurrency analysts to raise their bullish expectations for the memecoin.

What Happened: A widely followed technical analyst, operating under the pseudonym World Of Charts, drew attention to DOGE's falling wedge pattern, which is typically construed by experts as bullish.

The analyst remarked, "On verge of another breakout expecting move towards 0.27-0.30$ in case of successful breakout." Notably, such a move would mean a 74-100% jump from the current prices.

Another prominent analyst, Kevin, gave more conservative estimates, flagging $0.18 and $0.22 as the next key levels for the coin.

"We need to hold this area on any potential back test and then .18 cents and the inverse head n shoulders target of .22 cents if right in reach," Kevin emphasized.

Why It Matters: DOGE has been energized by the "Roaring Kitty" phenomenon and the overall improvement in the market spurred by healthy macroeconomic data.

Since the start of the week, the king of meme coins has increased by 16%, with positive changes in several of its major parameters.

DOGE's Open Interest spiked 10.76% to $876 million in the last 24 hours, the highest in a month, according to Coinglass data. Additionally, its positive funding rate increased, signaling that most of the new positions created were gunning for DOGE's price pump.

Price Action: At the time of writing, DOGE was exchanging hands at $0.1556, following a 6.38% rise in the last 24 hours, according to data from Benzinga Pro.

Read Next: This Trader Sees A Barbell Portfolio Of BTC And Memes As Most Profitable Trading StrategyLoading… Loading… Market News and Data brought to you by Benzinga APIs

2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Warren Buffett reveals secret $6.7B stake in insurer Chubb after slicing Apple

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Warren Buffett’s Berkshire Hathaway on Wednesday revealed a new, $6.72 billion stake in the insurer Chubb, confirming months of speculation that it had made a big new investment.

Berkshire owned 25.92 million Chubb shares as of March 31, according to a regulatory filing detailing Berkshire’s US-listed holdings as of that date.

The disclosure sent Chubb’s share price to a record high in after-hours trading, rising 6.3% to $268.96.

Shares often rise when Berkshire reveals new holdings, reflecting what investors believe is Buffett’s seal of approval.

“Chubb is an attractive equity investment for Berkshire because it operates in a business Berkshire knows well: property-casualty insurance,” Cathy Seifert, a CFRA Research analyst who covers Berkshire, said in an email.

Seifert would not speculate whether Berkshire might buy all of Chubb, but said Chubb’s focus on commercial lines specialty coverage and high-end homeowners’ protection would be a “good fit” in Berkshire’s insurance and reinsurance portfolio.

Berkshire ended March with $189 billion of cash and equivalents.

At Berkshire’s annual meeting on May 4, Buffett said the cash stake could reach $200 billion by June, and that cash looked “quite attractive” relative to high-priced stocks and in light of “what’s going on in the world.” Chubb and Berkshire did not immediately respond to requests for comment.

Berkshire began buying Chubb in last year’s third quarter, and had obtained Securities and Exchange Commission permission to temporarily keep its purchases confidential.

Buffett occasionally requests such permission to keep investors from piggybacking on him before he’s done buying.

In recent years, Berkshire obtained similar SEC permission for its investment in Chevron and former investments in Exxon Mobil, IBM and Verizon.

The Chubb investment was revealed 10 days after Berkshire unexpectedly disclosed it had sold about 115 million Apple shares in the first quarter.

That reduced its holdings in the iPhone maker to $135.4 billion, or 40% of its $335.9 billion equity portfolio.

Apple accounted for most of the $20 billion in stock that Berkshire sold in the first quarter.

Berkshire also pared holdings of several other stocks, including Louisiana Pacific and Sirius XM, and exited its investment in computer maker HP. It bought just $2.7 billion of stocks in the quarter.

Wednesday’s filing does not identify which investments were made by Buffett or his portfolio managers Todd Combs and Ted Weschler.

Buffett, 93, has run Berkshire since 1965.

The conglomerate also owns dozens of businesses including the Geico car insurer, BNSF railroad, energy and industrial companies, and consumer brands such as Benjamin Moore, Dairy Queen, Duracell, Fruit of the Loom and See’s Candies.

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