Category Archives for "Politics"

Financial disclosures reveal postmaster general’s business entanglements and likely conflicts of interest, experts say – CNNPolitics

Financial disclosures reveal postmaster general's business entanglements and likely conflicts of interest, experts say - CNNPolitics 1(CNN) Postmaster General Louis DeJoy continues to hold a multimillion-dollar stake in his former company XPO Logistics, a United States Postal Service contractor, likely creating a major conflict of interest, according to newly obtained financial disclosures and ethics experts.

Outside experts who spoke to CNN were shocked that ethics officials at the postal service approved this arrangement, which allows DeJoy to keep at least $30 million in XPO holdings.

DeJoy and USPS have said he fully complied with the regulations.Raising further alarms, on the same day in June that DeJoy divested large amounts of Amazon shares, he purchased stock options giving him the right to buy new shares of Amazon at a price much lower than their current market price, according to the disclosures.

This could lead to a separate conflict, given President Donald Trump’s disdain for Amazon, and his reported effort in 2018 to pressure DeJoy’s predecessor to raise prices on Amazon and other firms, while complaining about its founder Jeff Bezos. The Treasury Department also recently struck a loan deal with USPS that gives the Trump administration more leverage to push for higher shipping prices — one of his pet projects.DeJoy already faces bipartisan criticism for implementing disruptive changes after taking over the USPS on June 15, including eliminating overtime for many workers. Democrats also claim he is intentionally slowing down mail delivery to sabotage absentee voting in the November election — a charge he denies.

Source: Financial disclosures reveal postmaster general’s business entanglements and likely conflicts of interest, experts say – CNNPolitics

Joe Biden picks Kamala Harris as vice president – The Washington Post

Joe Biden picks Kamala Harris as vice president - The Washington Post 3Presumptive Democratic presidential nominee Joe Biden on Tuesday picked Sen. Kamala D. Harris (D-Calif.) as his running mate, a historic decision that elevates the first Black woman and first Asian American woman to run for vice president on a major-party ticket at a moment when the country is grappling with its racial past and future.Biden’s announcement, made in a text and tweet, aligns him with a former presidential rival whose most electric campaign performance came when she criticized his record on school integration during a debate.The decision is the most consequential of Biden’s presidential campaign and has major implications not only for the November election but for the future of the Democratic Party. Biden, 78 years old by Inauguration Day, would be the oldest president ever and has said he considers himself “a transition candidate.” The choice places Harris, who was a more vibrant and energetic presence on the campaign trail but was also at times unsteady, at the forefront of the party’s future as, potentially, the first female vice president.

Source: Joe Biden picks Kamala Harris as vice president – The Washington Post

Joe Biden picks Kamala Harris as vice president – The Washington Post

Joe Biden picks Kamala Harris as vice president - The Washington Post 4Presumptive Democratic presidential nominee Joe Biden on Tuesday picked Sen. Kamala D. Harris (D-Calif.) as his running mate, a historic decision that elevates the first Black woman and first Asian American woman to run for vice president at a moment when the country is grappling with its racial past and future.

Biden’s announcement, made in a text and tweet, aligns him with a former presidential rival whose most electric campaign performance came when she criticized his record on school integration during a debate.

The decision is the most consequential of Biden’s presidential campaign and has major implications not only for the November election but for the future of the Democratic Party. Biden, 78 years old by Inauguration Day, would be the oldest president ever and has said he considers himself “a transition candidate.” The choice places Harris, who was a more vibrant and energetic presence on the campaign trail but was also at times unsteady, at the forefront of the party’s future as, potentially, the first woman vice president.

Source: Joe Biden picks Kamala Harris as vice president – The Washington Post

Willie Brown: Kamala Harris should ‘politely decline’ any offer to be Biden’s running mate | TheHill

Willie Brown: Kamala Harris should 'politely decline' any offer to be Biden's running mate | TheHill 5Former San Francisco Mayor Willie Brown (D) advised Sen. Kamala Harris (D-Calif.) to “politely decline” any offer to be presumptive Democratic presidential nominee Joe Biden’s running mate.

Brown wrote that the vice presidency would likely hinder any further political ambitions for Harris.

“Historically, the vice presidency has often ended up being a dead end. For every George H.W. Bush, who ascended from the job to the presidency, there’s an Al Gore, who never got there,” Brown wrote in an op-ed for the San Francisco Examiner.

He’s not wrong about the AG position being better for her long-term.

But he is wrong to suggest Al Gore failed at ascending from the Vice President to the President – the SCOTUS voted for President that year and elected George W. Bush in a 5-4 vote.

Brown is also maybe a little jelly because he was California’s top dog for a long time (head of the State Assembly) and he’s about to get double-lapped by his former girlfriend.

Source: Willie Brown: Kamala Harris should ‘politely decline’ any offer to be Biden’s running mate | TheHill

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