Have alllied through in this past year. And, kevin, thats one of the things that, you know, as i was reading this book, which is just, its gripping, but i had to keep reminding myself that it has happened just in the last year. I think for a lot of us, 2020 feels like its been a decade long. And so this fall, two months from now, we are going to be, we are going to be facing an election which will be the First Time Ever that an um peached president impeached president appears on the ballot. So could you talk a little bit about the dynamics that were set into motion by this investigation, by the these subsequent impeachments and the acquittal that are still playing out today as we, as we head into this final stretch before the election . Well, thanks, karen. I think ill just start there. Two big, big things. One is emboldened donald trump. He hates this. Hes angry. He doesnt like the stain, and he wants to win. The very night the house voted to impeach, he flew to michigan, he got a big
Thank you for giving us your time today. Thank you for the Economic Club for paying attention to me. If those dont know your background the 75th postmaster general the first one is behind you, Benjamin Franklin the inventor of the Postal Service. And who are native of new york went to college in florida and then went back to your familys business and bolted up North Carolina one of the larger logistics and you have been very involved in philanthropic activities at Duke University among other places and thank you for giving us your time today. So at the outset, when you agree to become postmaster general is not normally the most famous position i doubt many can name your media processors you are well known did you thank you get this much attention . If i may, when i accepted the role of the situation the Postal Service was in at that time and then to have significant financial consequences at the time. And the issues of running out of cash in september 2020 and having no help insight. B
Can see, Benjamin Franklin. He was the inventor of the post office, Postal Service. And you are a native of new yor york. He went to college in florida, and then he went back to your familys business and you built it up, he moved to greenso , North Carolina build into a Logistics Company ultimately merged with another company. Given very involved in philanthropic activities at my alma mater, Duke University with other plates so thank you for giving us your time today racemic let me ask you, at the outset, when you agreed to be postmaster general, did you realize you would get this much attention because it not normally the most famous position in washington d. C. I doubt a fair made people can name your immediate predecessors. You are very well known, did you expect to get this much attention . I think when i accepted the role, we need to member the situation of the Postal Service at the time. It was right at the heights of the beginning of the pandemic. And we were having significant
Table . Speaker pelosi says theres a chance she and the treasury secretary can still reach a deal later, pause for tiktok why a judge sided with bytedance and blocked the Trump Administration ban. Futures do imply a big open to start this monday morning of course, coming off the first fourweek decline of the year. Mike, you did some writing over the weekend. Largely about the degree to which september is doing the job its supposed to do. That being the sort of pause that refreshes the argument here is that if we came into september with the markets at record highs and everything looking very stretched to the upside and sentiment and the technical position of stocks and maybe even hopes for an immediate stimulus and this fourweek decline has largely reset a lot of those factors right. You have sentiment very muchal coo acooled off and huge short position develop in nasdaq futures and pretty much 180 degrees on that front. I would say back in the neutral zone, not necessarily super beari
Of us 2020 feels like its been a decadelong and so this fall, two months from now we are going to be facing an election which will be the First Time Ever that an impeached president appears on the ballot. Could you talk a little bit about the dynamics that were set into motion by this investigation by the subsequent impeachment and the acquittal that are still playing out today as we head into this final stretch before the election . Thanks karen, i will start their. Two big big things, one is emboldened donald trump, he hates this, hes angry, he doesnt like the stain and he wants to win. The very night the house voted to impeach, he went to michigan got a big crowd and promised four more years. At the same time its jeopardize the republican majority in the senate. In key swing states people were upset, they like to think the senate are independent thinkers that check on the presidency. Sarah gideon is using what Susan Collins said and did in that voting not to acquit so you will see t