(TUE 9/20/22)

Mortgage Rates Hit 6% -- The Federal Reserve Open Market Committee is expected to raise interest rates by 75 basis points (0.75%), when it meets Tuesday and Wednesday, Punchbowl News reports. The Fed has been imposing big increases in the interest rate since inflation hit 40-year record highs, and Chairman Jerome Powell (pictured above) will likely signal more big increases until inflation comes down significantly from its current 8.3% annual rate. The mortgage rate is running at 6% for the first time since the inauspicious year 2008. 

Note: Warnings of a coming recession among some economists (and most Republicans, looking to save their prospects in the midterms) are offset by other economists (and the Biden White House) who point to record-low unemployment and high job growth. The economic anomaly is that we’re still suffering the ravages of the COVID-19 pandemic (despite Biden’s claim on 60 Minutes that it’s over) as well as the effects of the cutoff of Russian oil to Europe, where Germany and the United Kingdom in particular, are suffering higher inflation rates and face almost certain recession and a cold winter. 

This is not to downplay the economic suffering of the American working- and middle-classes, but if Vladimir Putin has had any personal success in his brutal attack on Ukraine, it’s that he has hijacked potential economic recovery in the West following shutdowns from the pandemic. 

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Texas Sheriff Investigates DeSantis’ Flights – Bexar County, Texas Sheriff Javier Salazar (D) has opened an investigation into Florida Gov. Ron DeSantis’ (R) political stunt he played out on Fox News in which 50 Venezuelan migrants were flown from San Antonio to Martha’s Vineyard in Massachusetts last week. The migrants had turned them in to U.S. Border Patrol after crossing from Mexico and were granted “temporary protected status,” and Salazar is looking into whether they were “lured from the Migrant Resource Center” under “false promises” for work and assistance, according to The Washington Post.

--Edited by Todd Lassa

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This Week in NYC and DC (MON 9/19/22)

(United Nations HQ, New York City)

The White House – Joe and Jill Biden attended Queen Elizabeth II’s funeral in London Monday as the United States had a chance to react to the president’s comments on CBS News’ 60 Minutes Sunday night that U.S. troops would defend Taiwan if China conducted an “unprecedented attack.” 

“So unlike Ukraine, to be clear, sir, U.S. forces, U.S. men and women would defend Taiwan in the case of a Chinese invasion?” 60 Minutes’ Scott Pelley asked.

“Yes,” Biden replied.

Chinese spokesman Liu Pengyu said in a series of tweets that Biden’s remarks “sends wrong signals to Taiwan independence’ separatist forces, and severely jeopardizes China-U.S. relations and peace and stability across the Taiwan Strait,” CBS News reports. 

Biden also told Pelley that he hasn’t decided whether to run for re-election in 2024, and said that he was not briefed about the top-secret documents found at Donald J. Trump’s Mar-a-Lago, nor was he aware of the FBI’s search warrant ahead of time.

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This Week – The United Nations 77th General Assembly begins Monday at its New York City headquarters, the first in-person meeting since 2019. President Biden is expected to give his speech Wednesday on the war in Ukraine and on climate change, a day later than the U.S. president’s usual place on the schedule, because of his attendance at Queen Elizabeth II’s funeral.

The House of Representatives and Senate are in-session Monday through Thursday; the Senate only is in session on Friday.

--Edited by Todd Lassa

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...meanwhile... (FRI-SUN 9/16-18/22)

(Judge Cannon)

Judge Picks Dearie -- This all seems to have gone to Donald J. Trump’s plans, with a federal judge he appointed after losing the 2020 election refusing to allow the Justice Department to review documents seized from his Mar-a-Lago home August 8 until a special master requested – demanded – by the ex-president’s attorneys has examined them first. That special master appointed by Judge Aileen Cannon Thursday, senior New York Federal Judge Raymond Dearie, was proposed by Trump’s attorneys and deemed acceptable by the Justice Department. 

The Justice Department is not allowed to use the sensitive documents in its investigation while Dearie reviews them and is expected to appeal Cannon’s ruling before the U.S. Court of Appeals for the 11th District, in Atlanta, The Washington Post reports. 

DOJ had argued that the special master should not be allowed to review the classified documents seized, but Cannon in her ruling said that it is a “matter of dispute” whether the documents marked classified are, in fact, classified. Trump’s attorneys have suggested that the documents may not be classified, but have not asserted that Trump personally declassified them, WaPo says. Trump also has not given any indication why he kept the papers.

Timing is key: Cannon has given Dearie to November 30 to complete his review, which pushes the case well into next year, when the GOP hopes to have majorities in both chambers of Congress and can begin some counter-investigations of its own. By then, too, Trump may very well have announced his bid for the 2024 Republican presidential nomination and will continue to accuse the DOJ under the Biden White House of conducting yet another “witch hunt.”

ICYMT1/6CD (In Case You Missed This 1/6 Committee Development): Ex-President Trump’s ultimate chief of staff, Mark Meadows, has agreed to comply with a subpoena from the House Select Committee to Investigate the January 6th Attack on the Capitol.

--Todd Lassa

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COMMENTS: editors@thehustings.news

Wisconsin Gov. Tony Evers and U.S. Rep. Gwen Moore (D-WI) joined President Biden in the Democratic Party’s official kickoff to the midterm campaign season at Milwaukee’s Laborfest on the lakefront, Monday. “Notably absent,” according to the Milwaukee Journal Sentinel was Lt. Gov. Mandela Barnes, who is challenging uber-MAGA Republican incumbent Ron Johnson for his U.S. Senate seat this November 8. 

“He couldn’t be here, but he’s going to be your next United States senator,” Biden said. Barnes participated in a Laborfest parade before the president’s arrival, according to the Journal Sentinel

Later, Biden attended a Labor Day parade in Pittsburgh, accompanied by Democratic Senate candidate John Fetterman, Labor Secretary Marty Walsh, Sen. Bob Casey (D-PA), AFL-CIO President Liz Shuler, and others, according to the Pittsburgh Press-Gazette. There, officials touted the nation's highest support of labor unions in 57 years during the Biden administration, reaching 68% approval according to a recent Gallup Poll.

Biden used the appearances to repeat his warning from Independence Hall in Philadelphia last Thursday about the dangers of Trump supporters to our democracy: “Not every Republican is a MAGA Republican. Not every Republican embraces that extreme ideology," he told the Milwaukee crowd. "But the extreme MAGA Republicans have chosen to go backwards, full of anger, violence, hate and division.”

Enter your comments in the box below, or email editors@thehustings.news and please identify yourself as left or right in the subject line.

--TL

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By Nic Woods

President Joe Biden, in his first day in office, signed a slew of executive orders, memoranda and proclamations that included some attempts to overturn his predecessors’ immigration policy, which were, essentially, done with executive orders signed mainly to undo the work of his predecessor.

Just like the tit-for-tat, the policy signals in the immigration executive orders aren’t new. Much either resets immigration policy to where it was before Trump was inaugurated, or underscores what was the pre-Trump normal. 

Unlike former President Trump, Biden is signaling that he’d prefer legislation be passed to bolster the executive orders and is currently preparing a legislative package that further codifies the policy, but key Republicans have started to balk, claiming that because he was signing executive orders already, he didn’t actually mean what he said in his inaugural address about unifying, and governing, as one nation.

But Biden’s immigration asks are not that egregious. One EO basically requires the Census Bureau to do what it is already required to do by the U.S. Constitution – count every person, citizen or not. But this differs from Trump’s efforts to carve out non-citizens from the Census count. 

The main ask – a streamlined, eight-year process for an estimated 11 million undocumented immigrants to become citizens – would make the Census EO redundant, as people in the pipeline for citizenship would likely have less to fear from Immigration and Customs Enforcement officials and are more likely to be comfortable with answering a Census worker’s questions.

Many of the other immigration EOs, such as lifting the ban of travelers from Muslim nations, either returns us to “normalcy” or it brings back to the table issues Trump tried to avoid or end altogether, e.g. protection from deportation for Deferred Action for Childhood Arrivals (DACA) or programs for refugees and asylum seekers, some of whom were in mortal danger for assisting U.S. troops in such trouble spots as Iraq. 

Others overturn Trump executive orders that pushed for the aggressive deportation of unauthorized immigrants and deported Liberians who have been living in the U.S. For these, Biden has directed the State department to restart visa processing and develop ways to address the harm from having that process be in limbo for so long.

In yet another EO, Biden ends construction of Trump’s border wall in favor of bolstering the borders with new technology that does similar work at, perhaps, less cost.

What Biden isn’t doing is throwing open the U.S. borders for everyone to get in unvetted. No one wants that and, as a centrist, such an extreme position isn’t in his wheelhouse. But he seems to be making a bold move to succeed where presidents Barack Obama and George W. Bush failed by finally providing a clear, legal, more humane route to U.S. citizenship.

Other Biden first day initiatives:

 A 100-day “masking challenge” that entails mask requirements in federal buildings and on federal land, as well as public transit. Biden called for mask requirements on trains, airplanes and buses, and in public airports. 

 Establishment of a directorate for global health security and biodefense, with the goal of having protocols in place determined by past pandemics in order to be prepared for future pandemics.

At first a fan of China’s early response to COVID-19, former President Trump quickly came to criticize and then pull representation from the World Health Organization for not being tougher on the country. Other critics agreed the WHO for failing to take a tough stance on China’s slow response to early outbreaks, The Washington Post says. Thanks to Chinese bureaucracy and restrictions, the Post reports, it took nearly a year for WHO to gain access to the country, which finally happened this month. But WHO helps with worldwide distribution of medical supplies and holds regular meetings on the coronavirus, which Anthony Fauci, the top infectious disease official in the U.S., attended by webinar Thursday.

• Eviction and foreclosure moratoriums that were part of the March 2020 CARES Act were extended by Trump in December, set to expire at the end of January. Biden’s EO extends the moratoriums through September 30.

• Like the eviction and foreclosure moratoriums, Trump extended to the end of January a freeze on student loan payments otherwise due to expire with the CARES Act in late December. Biden’s EO also extends the freeze, again, to September 30.

• Trump exited the Paris Climate Agreement, which the Obama administration signed on to in 2015, calling climate change a “hoax” and claiming the international treaty was unfair to the U.S. But Biden has nominated John Kerry to a new cabinet-level position, special presidential envoy for climate, with the intention to rejoin and continue work on the treaty.

• Canada’s TC Energy’s Keystone XL pipeline has been in the works for nearly a decade, connecting Alberta’s oil sands with Montana. While some state Democrats, as well as most Republicans support the $8-billion project, Native American tribes and ecology groups have fought it since the beginning, and the U.S. achieved energy independence during the Obama administration. Biden has issued a moratorium and TC Energy has suspended its development. Biden is to meet with Canadian Prime Minister Justin Trudeau Friday.

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