Thursday, August 22, 2024

Your 5 Stock Predictions are Inside!

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Michigan Dems offer a swing-state reality check

An evening recap of the action on Capitol Hill and preview of the day ahead
Aug 22, 2024 View in browser
 
POLITICO Inside Congress

By Sarah Ferris and Nicholas Wu

With assists from POLITICO’s Congress team

Rep. Elissa Slotkin (D-Mich.).

Rep. Elissa Slotkin (D-Mich.) is warning her party not to get ahead of themselves going into November. | Carlos Osorio/AP

A DOSE OF SWING-STATE SKEPTICISM  

Democratic Rep. Elissa Slotkin may be the slight favorite in Michigan’s Senate race this November, running narrowly ahead in every major public poll this summer.

But as the Michigander prepares to take the big stage tonight, she has a healthy dose of skepticism about her own future, and the tough swing district that she’s vacating. And it’s in stark contrast with her party’s huge energy in Chicago.

“I’ve been telling Democrats everywhere I go this week: Don’t get high on your own supply and think everyone is as energetic as you are. And if you do, you obviously haven’t been to a swing state in a while,” Slotkin told us in an interview. (Just how high is the energy? A supporter stopped Slotkin for a selfie mid-interview in the United Center.)

Michigan is, of course, a must-win state for Kamala Harris — and also for Democrats hoping to preserve their Senate majority and take back the House. There are four competitive House seats alone in the Mitten state, including three that Democrats must defend and one they’d love to flip.

Slotkin’s not alone in her expectation-setting. Rep. Dan Kildee (D-Mich.), who holds the other soon-to-be vacant seat, is working hard across the state to help elect Democrats in November. He said Democratic campaigns have more volunteers and more donors — but still need to convert the energy into votes. He cautioned: “We've got work to do. Michigan's going to be a close race.”

His seat remains a top concern of Democratic leadership, though there’s new internal polling being distributed to Democrats on Thursday for the Flint-area seat that has his potential successor, Kristen McDonald Rivet, up 5 points against second-time GOP candidate Paul Junge, according to a person familiar with the poll. A recent DCCC poll had her slightly behind.

“I feel good about it,” he said of her race. But he added: “Because I know the district so well, it is clearly a district that can go either way.”

“I’m not on a sugar high,” added Rep. Debbie Dingell (D-Mich.), who famously sounded the alarm in 2016 that Hillary Clinton was on track to lose Michigan.

At the convention this week, Dingell made the rounds at labor events and women’s events and said she stressed the same message — Michigan is a swing state today, and it will be until November. She may have the most Democratic votes in any district in Michigan, but she can still take you to neighborhoods where there are Trump signs “in every yard.”

As for the party nickname some Democrats gave her in the last presidential cycle, Dingell said: “I’m not ‘Debbie downer,’ I’m ‘Debbie determined.’”

Former Speaker Nancy Pelosi put it this way, in an interview with POLITICO on Thursday: “There’s so much euphoria. But there’s nothing automatic here.”

Another unknown: Whether Michiganders who voted “uncommitted” in the primary in protest of Biden’s handling of the Israel-Hamas war will vote for Harris on election day. Although the “uncommitted” delegates won some major concessions from the DNC this week, like a panel about Palestinian human rights, they’re pushing to get a Palestinian American speaker on the main stage, and some are currently staging a sit-in just outside the United Center. But with just hours left in the DNC, there’s not much room left for another speech.

— Sarah Ferris and Nicholas Wu 

GOOD EVENING! Welcome to Inside Congress, the play-by-play guide to all things Capitol Hill, on this Thursday, Aug. 22, where Sarah and Nick are (to their D.C. colleagues’ horror) hitting their limit for Chicago-style hot dogs.

UP NEXT FOR TRUMP ASSASSINATION ATTEMPT PROBE 

The bipartisan task force investigating the assassination attempt against former President Donald Trump will head on Monday to the site of his July 13 rally.

Reps. Mike Kelly (R-Pa.), who chairs the panel and represents Butler, Pa., in Congress, and Jason Crow (D-Colo.), the top Democrat for the task force, will lead a group of approximately 10 members of Congress to the Butler Farm Show grounds, the site of the shooting, according to the task force.

The group will meet with local law enforcement and hold a news conference with reporters.

It marks the first formal trip to the site for the task force — though some of its members have previously visited — and is the latest sign that the leadership-blessed panel is ramping up its work after using the start of the August recess to staff up and send out a sweeping request for documents.

One nugget: In addition to the site visit, the FBI briefed the task force on Wednesday, a person familiar confirmed to us.

Reminder… When the House unanimously voted to create the task force last month, it gave it jurisdiction over the chamber’s investigations into the assassination attempt — superseding a network of then-ongoing committee actions.

But some members of the conference’s right flank have publicly kvetched about Speaker Mike Johnson’s picks for the task force and are forging ahead with their own plans. GOP Reps. Andy Biggs (Ariz.), Eli Crane (Ariz.), Matt Gaetz (Fla.), Cory Mills (Fla.) and Chip Roy (Texas) will hold a forum on Monday in Washington, D.C., examining the assassination attempt.

— Jordain Carney 

JOHNSON FACES PRESSURE TO PUT RECA ON FLOOR

When Speaker Mike Johnson stumped for former Rep. Yvette Herrell at a stop in New Mexico’s 2nd congressional district on Wednesday, he was greeted by a group of protestors who were calling on him to act on legislation that would extend and expand the Radiation Exposure Compensation Act.

The problem? The bill passed the Senate with bipartisan support 69-30 earlier this year — it was heavily pushed by Sen. Josh Hawley (R-Mo.) — but the House didn’t take it up in time to extend the funding, which expired June 7.

“This is not a partisan issue,” said Tina Cordova, the co-founder and executive director of the Tularosa Basin Downwinders Consortium, one of the groups protesting the campaign stop. “It's not lost on us that they're on the inside and we're on the outside. That's where they place us … The majority of people that were there were there to represent our issue.”

Herrell said in a statement to POLITICO she supports the legislation and reiterated her support to Johnson on Wednesday.

“I conveyed the importance of RECA to Speaker Johnson again yesterday, and remain optimistic that RECA extension and expansion will get over the finish line soon,” she said in a statement to Inside Congress.

There are several reasons why Johnson hasn’t put the bill to a vote, a person close to the Speaker said, including the legislation’s high price tag that isn’t offset and also because Rep. Ann Wagner (R-Mo.) has been pushing for the House to pass the broader bill called the Radiation Exposure Compensation Reauthorization Act.

Johnson was in New Mexico to campaign for Herrell, who is trying to win back her seat from freshman Rep. Gabe Vasquez (D-N.M.) in a tight race in a swing district.

— Daniella Diaz

HUDDLE HOTDISH

That other thing Walz is really excited about today.

And we learned what Walz’s Roman Empire was.

Some DNC musical chatter – no it’s not Beyonce. (Or will it be ???)

Mary Peltola has the best in-home office setup (give us a shout if you think you can beat it!).

QUICK LINKS 

Congress Asks Regulators About ‘Troubling’ Health Insurance Tactics, from Chris Hamby at The New York Times

Majority of Gen Z voters have little trust in Congress or the presidency, new survey finds from CNN’s Ariel Edwards-Levy

TRANSITIONS 

Former Rep. Mike Gallagher (R-Wis.) is joining Palantir as head of defense. 

TOMORROW IN CONGRESS

The House will hold a pro forma at 3 p.m.

The Senate will hold a pro forma at 11:45 a.m.

FRIDAY AROUND THE HILL

Summer Friday vibes only.

TRIVIA

WEDNESDAY’S ANSWER: Jim Gwinner was the first to correctly guess that Baltimore was the city that has hosted major political party conventions the second most often.

TODAY’S QUESTION, from Jordain: What astrological sign do Sens. Ted Cruz (R-Texas) and Rand Paul (R-Ky.) have in common?

The first person to correctly guess gets a mention in the next edition of Inside Congress. Send your answers to insidecongress@politico.com.

GET INSIDE CONGRESS emailed to your phone each evening.

 

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CEO, TradeSmith



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🌎 Daily CryptoBeat for 8/22/2024

Cryptocurrency news for Aavegotchi, Aergo, APENFT, Bitcoin Cash, Bitcoin Gold, Bitkub Coin, BNB and more...Upgrade to MarketBeat All Access to get early delivery, personalized stock alerts, portfolio monitoring tools, and more. Start Your Free Trial.   Unsubscribe.
MarketBeat CryptoBeat
MANAGE MY HOLDINGS right arrow
August 22nd, 2024
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Cryptocurrency Prices for Thursday, August 22 (Manage Your Holdings)
TitlePriceMarket Cap24-Hour Volume1-Hour Change1-Day Change7-Day Change
 Bitcoin logo   Bitcoin (BTC)$60,641.18$1,197.28 billion$29.28 billion+0.50%-0.94%+6.69%
 Ethereum logo   Ethereum (ETH)$2,623.69$315.61 billion$11.04 billion+0.61%-0.26%+2.99%
 Waifu Token logo   Waifu Token (WAIF)$454.82$126.67 billionN/A+0.45%-2.18%N/A
 Tether logo   Tether (USDT)$1.00$117.45 billion$47.66 billion+0.00%+0.01%-0.01%
 BNB logo   BNB (BNB)$584.38$85.28 billion$2.00 billion+0.48%+2.00%+13.81%
 Solana logo   Solana (SOL)$143.40$66.81 billion$1.47 billion+0.43%+0.21%+2.08%
 USD Coin logo   USD Coin (USDC)$1.00$34.91 billion$4.90 billion+0.02%+0.02%+0.01%
 XRP logo   XRP (XRP)$0.60$33.53 billion$951.84 million+0.05%-0.83%+7.15%
 Lido Staked ETH logo   Lido Staked ETH (stETH)$2,624.62$25.75 billion$38.97 million+0.70%-0.25%+3.11%
 Dogecoin logo   Dogecoin (DOGE)$0.11$15.34 billion$414.06 million+0.41%-1.56%+6.17%
Total+0.36%-0.38%+4.20%

Cryptocurrency Market Overview
Market Cap $2,052.41 billion
24-Hour Volume$103.53 billion
24-Hour Price Change-0.5%
7-Day Price Change+6.1%

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Cryptocurrency News for Thursday, August 22
Cloud gaming powered by AI and blockchain: Interview with DeepLinkCloud gaming powered by AI and blockchain: Interview with DeepLink
cointelegraph.com
- August 22 at 5:03 PM
Bitcoin exchange inflow has fallen sharply in August — CryptoQuantBitcoin exchange inflow has fallen sharply in August — CryptoQuant
cointelegraph.com
- August 22 at 5:03 PM
Jackson Hole Preview: Will The Bitcoin Bull Run Return With Powell's Speech?Jackson Hole Preview: Will The Bitcoin Bull Run Return With Powell's Speech?
bitcoinist.com
- August 22 at 5:03 PM
Bitcoin Floor: CEO Predicts $38,000 Will Be The Lowest BTC GoesBitcoin Floor: CEO Predicts $38,000 Will Be The Lowest BTC Goes
newsbtc.com
- August 22 at 5:03 PM
The asset beating inflation by 4x (Ad)
MarketBeat.com - August 22pixel
Why is the crypto market up today?Why is the crypto market up today?
cointelegraph.com
- August 22 at 5:03 PM
Meeting Binance CEO Richard TengMeeting Binance CEO Richard Teng
coindesk.com
- August 22 at 5:03 PM
Metalex and Lido Finance Propose First Major BORG InitiativeMetalex and Lido Finance Propose First Major BORG Initiative
news.bitcoin.com
- August 22 at 5:03 PM
From Chaos to Crypto: The Crecimiento Movement Igniting ArgentinaFrom Chaos to Crypto: The Crecimiento Movement Igniting Argentina
coindesk.com
- August 22 at 5:03 PM
Latest In FTX Saga: DOJ Alleges Campaign Finance Violations Against Ex-Executive's PartnerLatest In FTX Saga: DOJ Alleges Campaign Finance Violations Against Ex-Executive's Partner
bitcoinist.com
- August 22 at 5:03 PM
California DMV putting vehicle titles on a subnet is innovation theaterCalifornia DMV putting vehicle titles on a subnet is innovation theater
cointelegraph.com
- August 22 at 5:03 PM
Bored Ape NFT Creator Yuga Labs Tests Its First Poker Tournament On Otherside MetaverseBored Ape NFT Creator Yuga Labs Tests Its First Poker Tournament On Otherside Metaverse
insidebitcoins.com
- August 22 at 4:42 PM
Protocol Village: Tanssi Expands to Ethereum With Symbiotic, Stork Raises $4.7MProtocol Village: Tanssi Expands to Ethereum With Symbiotic, Stork Raises $4.7M
coindesk.com
- August 22 at 4:14 PM
Crypto Promoter and Failed Politician Michelle Bond Accused of Illegally Taking FTX CashCrypto Promoter and Failed Politician Michelle Bond Accused of Illegally Taking FTX Cash
coindesk.com
- August 22 at 4:14 PM
Mercado Libre launches USD-pegged Meli Dollar stablecoin in BrazilMercado Libre launches USD-pegged Meli Dollar stablecoin in Brazil
cointelegraph.com
- August 22 at 4:14 PM
CluCoin Founder Pleads Guilty to Stealing $1.1M of Investor Funds for Online GamblingCluCoin Founder Pleads Guilty to Stealing $1.1M of Investor Funds for Online Gambling
coindesk.com
- August 22 at 4:14 PM
El Salvador to Educate 80,000 Public Servants on BitcoinEl Salvador to Educate 80,000 Public Servants on Bitcoin
news.bitcoin.com
- August 22 at 4:14 PM
Changpeng Zhao moved to custody of field office ahead of Sept releaseChangpeng Zhao moved to custody of field office ahead of Sept release
cointelegraph.com
- August 22 at 4:14 PM
Crypto Whales Have Topped Up On These 3 Cryptocurrency ICP, RENDER & MPEPECrypto Whales Have Topped Up On These 3 Cryptocurrency ICP, RENDER & MPEPE
newsbtc.com
- August 22 at 3:26 PM
Partner of ex-FTX exec hit with campaign finance chargesPartner of ex-FTX exec hit with campaign finance charges
cointelegraph.com
- August 22 at 3:26 PM
Render Holders See Bigger Returns With Mpeppe (MPEPE), Let's Take A Deeper LookRender Holders See Bigger Returns With Mpeppe (MPEPE), Let's Take A Deeper Look
newsbtc.com
- August 22 at 3:26 PM
Crypto Investors Look To Become Millionaires With Pepe Unchained and MpeppeCrypto Investors Look To Become Millionaires With Pepe Unchained and Mpeppe
newsbtc.com
- August 22 at 3:26 PM
3 reasons why Bitcoin price could hit $68K in September3 reasons why Bitcoin price could hit $68K in September
cointelegraph.com
- August 22 at 3:26 PM
Anchorage adds PayPal stablecoin yield to custody platformAnchorage adds PayPal stablecoin yield to custody platform
cointelegraph.com
- August 22 at 3:26 PM
HTC launches no-code game creator for 'Viverse' metaverseHTC launches no-code game creator for 'Viverse' metaverse
cointelegraph.com
- August 22 at 3:26 PM
Bitcoin Takes Control: BTC's Market Maintains Dominance Surging To New HighsBitcoin Takes Control: BTC's Market Maintains Dominance Surging To New Highs
bitcoinist.com
- August 22 at 3:26 PM
US Payrolls Revised Down by 818,000, Largest in 15 Years: QCP Capital Analyzes Impact on MarketsUS Payrolls Revised Down by 818,000, Largest in 15 Years: QCP Capital Analyzes Impact on Markets
news.bitcoin.com
- August 22 at 3:26 PM
LINK Surges 11% As Key Data Reveals Day Traders Are Locking GainsLINK Surges 11% As Key Data Reveals Day Traders Are Locking Gains
newsbtc.com
- August 22 at 3:26 PM
Colombias Regulator Notifies Worldcoin of Alleged Data ViolationColombia's Regulator Notifies Worldcoin of Alleged Data Violation
coindesk.com
- August 22 at 3:26 PM
Polygon Price Prediction: MATIC Surges 14% After Coinbase Announces Support For POL Migration As This Layer-2 PEPE Closes On $10 MillionPolygon Price Prediction: MATIC Surges 14% After Coinbase Announces Support For POL Migration As This Layer-2 PEPE Closes On $10 Million
insidebitcoins.com
- August 22 at 3:15 PM
Kamala Harris Pro-Crypto Claims Under Fire As Cardano's Charles Hoskinson Says Industry Has ''Zero Trust''Kamala Harris Pro-Crypto Claims Under Fire As Cardano's Charles Hoskinson Says Industry Has ''Zero Trust''
insidebitcoins.com
- August 22 at 3:15 PM
Binance To Hire 1,000 People By Year-End As Annual Regulatory Spending Tops $200 Million: BloombergBinance To Hire 1,000 People By Year-End As Annual Regulatory Spending Tops $200 Million: Bloomberg
insidebitcoins.com
- August 22 at 3:15 PM
BDAG Eyes Top 30 Rank; Latest on Maker's Dip & SHIB DropBDAG Eyes Top 30 Rank; Latest on Maker's Dip & SHIB Drop
themerkle.com
- August 22 at 2:01 PM
Optimism (OP) Bulls Sets Sights On $1.8, Is the Downtrend Doomed?Optimism (OP) Bulls Sets Sights On $1.8, Is the Downtrend Doomed?
newsbtc.com
- August 22 at 2:00 PM
XRP Price To The Moon: Crypto Analyst Reveals Why You Don't Want To Miss OutXRP Price To The Moon: Crypto Analyst Reveals Why You Don't Want To Miss Out
bitcoinist.com
- August 22 at 2:00 PM
Franklin Templeton Expands Tokenized Money Market Fund to Avalanche NetworkFranklin Templeton Expands Tokenized Money Market Fund to Avalanche Network
news.bitcoin.com
- August 22 at 2:00 PM
Base Dawgz Investors Are Quickly Mirgreating To ICO Priced At $0.001777Base Dawgz Investors Are Quickly Mirgreating To ICO Priced At $0.001777
bitcoinist.com
- August 22 at 2:00 PM
Internet Computer (ICP) Investors Switch Their Focus To 100x Token MpeppeInternet Computer (ICP) Investors Switch Their Focus To 100x Token Mpeppe
bitcoinist.com
- August 22 at 2:00 PM
Pepecoins New Rival Has Taken Spotlight As They Close In On Stage 4Pepecoins New Rival Has Taken Spotlight As They Close In On Stage 4
bitcoinist.com
- August 22 at 2:00 PM
Playdoge Investors Get Their Hands On New Cryptocurrency At $0.001777 To Boost ProfitsPlaydoge Investors Get Their Hands On New Cryptocurrency At $0.001777 To Boost Profits
bitcoinist.com
- August 22 at 2:00 PM
Pepecoin Whale Invests In Rivalling Tokens Pepe Unchained and Mpeppe For 100x ProfitsPepecoin Whale Invests In Rivalling Tokens Pepe Unchained and Mpeppe For 100x Profits
bitcoinist.com
- August 22 at 2:00 PM
Top Analyst Explains Why Base Dawgz and Mpeppe Will 100x In The Coming MonthsTop Analyst Explains Why Base Dawgz and Mpeppe Will 100x In The Coming Months
newsbtc.com
- August 22 at 2:00 PM
UK risks quantum startup exodus after Labour slashes incentivesUK risks quantum startup exodus after Labour slashes incentives
cointelegraph.com
- August 22 at 1:26 PM
AI drone 'hellscape' plan for Taiwan, LLMs too dumb to destroy humanity: AI EyeAI drone 'hellscape' plan for Taiwan, LLMs too dumb to destroy humanity: AI Eye
cointelegraph.com
- August 22 at 12:07 PM
Uniswap: Market Swing Yields 12% Gains – Can UNI Sustain The Momentum?Uniswap: Market Swing Yields 12% Gains – Can UNI Sustain The Momentum?
newsbtc.com
- August 22 at 12:07 PM
2024 US Elections See $119 Million Flood From Crypto Corporations – Report2024 US Elections See $119 Million Flood From Crypto Corporations – Report
bitcoinist.com
- August 22 at 12:07 PM
Metaverse pioneer and movie VFX team unite for blockchain projectMetaverse pioneer and movie VFX team unite for blockchain project
cointelegraph.com
- August 22 at 12:07 PM
Why is the BNB price up today?Why is the BNB price up today?
cointelegraph.com
- August 22 at 11:04 AM
Tether to Launch UAE Dirham-Pegged StablecoinTether to Launch UAE Dirham-Pegged Stablecoin
news.bitcoin.com
- August 22 at 11:04 AM
Grayscale launches investment fund for AVAX tokenGrayscale launches investment fund for AVAX token
cointelegraph.com
- August 22 at 11:04 AM
PEPE Price Jumps 5% as Analyst Forecasts Uptrend, Pepe Unchained Presale Raises $10MPEPE Price Jumps 5% as Analyst Forecasts Uptrend, Pepe Unchained Presale Raises $10M
news.bitcoin.com
- August 22 at 11:04 AM

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What Are Buffett, Dalio, and Druckenmiller So Worried About?

U.S. Market has quietly entered the 'Dead Zone' Dear Reader, As the market hits new highs... and the general public is feeling ...