President Joe Biden will formally announce his 2024 reelection campaign as soon as next week, three people briefed on the discussions said Thursday.
The people, who spoke on the condition of anonymity to discuss internal deliberations, said they were not aware that a final decision on timing had been made, but that Biden had been eyeing Tuesday, April 25, four years to the day since the Democrat entered the 2020 race. The upcoming announcement is expected to be in the form of a video released to supporters.
Biden, 80, has repeatedly said he intends to run for a second term but advisers say he has felt little need to jump into campaigning because he faces no significant opposition to his party's nomination.
It'll be a markedly different experience from four years ago, as when Biden was written off by much of the political establishment until he consolidated support as the candidate Democrats believed was best positioned to defeat then-President Donald Trump while the coronavirus pandemic raged. This time around, he will have to juggle the challenge of running for reelection while also running the country.
Biden in recent months has been focused on implementing the massive infrastructure, technology investment and climate laws passed during his first two years in office and drawing a sharp contrast with Republicans as Washington gears up for a fight over raising the nation’s borrowing limit. Aides believe those priorities will burnish his image ahead of his reelection campaign.
The president, already the oldest person ever elected the job, will also need to contend with voter concerns about his fitness for the job. He has brushed aside those concerns, telling voters to “watch me,” and aides say he plans to mount a robust campaign ahead of what they expect to be a close general election owing to the country's polarization, no matter who emerges as the GOP standard-bearer.
Biden has summoned top Democratic donors to Washington next week for what was expected to be a dinner with him and a strategy session with his chief political advisers.
The Washington Post first reported on the expected timing of the announcement.
President Biden announced a ban on Russian oil and natural gas imports to the U.S. in response to its invasion of Ukraine, a move he warned could lead to an even greater surge in gas prices. The ban is prompting a conversation about the current oil production levels in the U.S. and whether or not the industry can ramp up production to soften the blow to American families at the gas pump. Clark Williams-Derry, Energy Finance Analyst with the Institute for Energy Economics and Financial Analysis, breaks down the state of the U.S. oil industry and how the ban might impact production levels here at home.
PepsiCo, Coca-Cola, McDonald’s, and Starbucks are the latest American food brands to have halted business operations in Russia after having faced scrutiny and criticism for originally failing to do so amid the country's invasion of Ukraine.
As Russia intensifies its war on Ukraine, President Biden announced a ban on oil imported from the aggressor nation. Critics of Russia have said this would be the best way to force Putin to pull back, but curbs on Russian oil exports are expected to send already skyrocketing oil and gas prices even higher, further impacting consumers, businesses, financial markets, and the global economy. Leslie Beyer, CEO of the Energy Workforce and Technology Council, joined Cheddar News' Closing Bell to discuss. "It's certainly going to increase pricing, but it is the right thing to do," she said. "The industry itself has already pulled out of the significant portion of its operations in Russia."
Sports Betting in the U.S. is booming. According to industry experts, we could see another boom this year as more states move towards statewide legalization of sports wagering. While this comes as huge news for fans, there are some very real concerns as to whether or not sports betting potentially poses a threat to public health. Senior Clinician at the Caron Treatment Centers, Eric Webber, joined Cheddar to discuss more.
The Biden administration has made gender policy a core part of how it governs. The president established the first Gender Policy Council. It's on the same level as the National Security Council, Domestic Policy Council and National Economic Council, putting the interests of women and other underserved groups at the table for the most important policy discussions.
Cheddar News sat down with Jennifer Klein, executive director and co-chair of the White House Gender Policy Council, to discuss the council's work and its significance during Women's History Month.
State Representative Jessica González, Vice Chair of the Texas House LGBTQ Caucus, joins Cheddar News to discuss the latest Texas anti-transgender directive.
The United States Secretary of Agriculture, Tom Vilsack joins None of the Above to discuss the newly emerging conflict in Europe, what it means for agriculture in the states, dairy and meat consumption, and how the department is planning to promote climate-smart agriculture.
Tens of thousands of people have fled Ukraine in attempts to escape the Russian Invasion. According to the U.N. neighboring countries like Poland, Hungary, and even Romania have seen half a million refugees. While the hospitality is being welcomed by many, it also highlights the mistreatment of migrants and refugees from the Middle East and Africa. Professor of Philosophy and Director of Politics at Northeastern University Serena Parekh, joined Cheddar, to discuss more.
As Russia unleashed war in the country of Ukraine, global leaders have started inflicting punishment on Vladimir Putin's regime via commercial and financial penalties. According to President Joe Biden Putin's aggression is "a flagrant violation of international law and it demands a firm response from the international community".However, the main question is will these sanctions actually work. Partner at Jenner & Block LLP, Rachel Alpert, joined Cheddar to discuss more.
