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      Biden says he was ‘stupid’ not to sign Covid stimulus checks as Trump did

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      Joe Biden has voiced regret for not following Donald Trump’s example by putting his signature on Covid-19-era economic stimulus cheques sent to Americans during a speech about his record on the economy as he prepares to leave office.Five weeks after his vice-president, Kamala Harris, lost the presidential election to Trump, the US president suggested on Tuesday that his failure to put his name on the cheques may have contributed to voters blaming his administration for high prices even when the economy was improving.“Within the first two months of office I signed the American Rescue Plan,” Biden said in a speech at the Brookings Institution, a Washington-based thinktank. “And also learned something from Donald Trump – he signed checks for people, $7,400 for people because we passed the plan. I didn’t – stupid.”Trump was widely criticised after becoming the first president to have his name printed on cheques disbursed by the Internal Revenue Service – America’s federal tax authority – in 2020. The move followed legislation from Congress intended to ease the impact of the economic slowdown that resulted from the first wave of the Covid pandemic.“I’m sure people will be very happy to get a big, fat, beautiful check and my name is on it,” he said at the time.Anecdotal evidence suggested that he may have been given credit by voters that was denied to Biden for his response to the pandemic.Campaigning for Harris, Barack Obama told audiences that some voters had told him that “Donald Trump sent me a check during the pandemic” to explain their support for him.Biden interrupted his speech after about 10 minutes to tell the audience that his teleprompter had broken down, forcing him to speak unscripted. Such a move was notable as during his presidency, critics frequently remarked on Biden’s public appearances for an over-reliance on teleprompter-scripted deliveries, suspected by many as intended to guard against his tendency for verbal gaffes.His attempt at justifying his self-styled “Bidenomics” approach amounted to a rebuff to detractors – both Democrat and Republican – who blamed his administration for failing to counteract inflation and persistently high prices, even while job creation and growth rebounded strongly after the Covid-19 pandemic forced a widespread economic shut down.“We got back to full employment, got inflation back down, managed a soft landing that many people thought was not likely to happen,” Biden said. “Next month, my administration will end, and a new administration will begin. The new administration’s going to inherit a very strong economy, at least at the moment.”During the campaign, opinion polls repeatedly showed concerns over the economy topping voters’ priorities, with many voicing frustration over high fuel and grocery costs. The administration blamed fallout from the pandemic – which prompted the enactment of a $1.9tn stimulus plan early in Biden’s term aimed at reviving the economy – and on Russia’s invasion of Ukraine.But Biden suggested Trump might squander his economic legacy by reverting to “trickle-down” economics amid indications that the president-elect intends to extend his 2017 tax cuts, which drastically slashed rates paid by corporations and the rich, while imposing tariffs on foreign imports.“By all accounts the incoming administration is determined to return the country to another round of trickle-down economics … once again causing massive deficits or significant cuts in basic programs,” Biden said.“I believe this approach is a major mistake. I believe we’ve proven that approach is a mistake over the past four years.” More

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      Wisconsin files more charges against Trump allies who led ‘fake electors’ plot

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      Wisconsin’s justice department filed 10 additional charges on Tuesday against three Donald Trump allies who spearheaded the “fake electors” scheme to help the president-elect in his efforts to overturn the 2020 election.The three men, Kenneth Chesebro, Michael Roman and James Troupis, already faced felony forgery charges in June for their role in the plot. The additional charges include conspiracy to commit a crime and numerous counts of fraud.In Wisconsin, the individual false electors have faced civil penalties and agreed to never serve as electors while Trump is on the ballot and to issue a public statement acknowledging that their votes had been cast in an attempt to disrupt Joe Biden’s 2020 victory.Republicans submitted false slates of electors in seven swing states, but only some have faced civil and criminal penalties.Unlike in Michigan, Georgia and Arizona, where electors were charged with crimes for participating in the false elector scheme, Wisconsin’s false electors have not faced criminal charges. Instead, the state has hit the architects of the scheme with the most serious penalties.According to the complaint and documents released previously in civil court, Chesebro led the effort, circulating a memo titled “The Real Deadline for Settling a State’s Electoral Votes”, which made the case for Trump’s electors to submit false electoral certificates – despite the fact that Trump did not win the election.The complaint lays out how Chesebro and Troupis, both attorneys, coordinated with Roman, a Trump aide, to establish the plot in states across the country. It notes that while in some states, the false electors submitted qualifying language in their certificates to indicate that they had submitted their names in case Trump was ultimately declared the winner of the election, Wisconsin’s electors included no such language.Troupis, Roman and Chesebro have faced prosecution for their involvement in the 2020 false elector schemes in other states including Arizona and Georgia, where Chesebro pleaded guilty to conspiracy to commit filing false documents. Troupis continued to serve on a Wisconsin judicial ethics panel following the false elector episode and was only suspended from his role in June, when he was first charged with felony forgery in connection with the plot. More

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      Elizabeth Warren introduces Senate bill to hold capitalism ‘accountable’

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      The senator Elizabeth Warren will introduce a bill in Congress on Wednesday aimed at shifting corporations away from “maximizing shareholder value” and towards giving more support to workers and other stakeholders.The Accountable Capitalism Act proposes a series of reforms to increase corporate responsibility, strengthen the voices of workers and others in corporate decisions and shift companies away from their focus on shareholders.In the 1980s, the largest corporations in the US dedicated less than half of profits to shareholders, reinvesting the rest into the company, according to a fact sheet on the bill provided by Warren’s office to the Guardian.But over the past decade, more and more profits have gone to shareholders rather than workers or long-term investments. During the same period, worker productivity has risen, with only modest increases to real wages for the median worker, while income and wealth inequality have soared.“Workers are a major reason corporate profits are surging, but their salaries have barely moved while corporations’ shareholders make out like bandits,” said Senator Warren in a statement on the bill “We need to stand up for working people and hold giant companies responsible for decisions that hurt workers and consumers while lining shareholders’ pockets.”Given that 93% of all stocks in the US are owned by the wealthiest 10% of the population, with over 50% of all US households owning no stock at all, Warren argues the corporate policy of maximizing shareholder value is predicated on “making the richest Americans even richer at all costs”.The bill would mandate corporations with over $1bn in annual revenue obtain a federal charter as a “United States Corporation” under the obligation to consider the interests of all stakeholders and corporations engaging in repeated and egregious illegal conduct can have their charters revoked.The legislation would also mandate that at least 40% of a corporation’s board of directors be chosen directly by employees and would enact restrictions on corporate directors and officers from selling stocks within five years of receiving the shares or three years within a company stock buyback.All political expenditures by corporations would also have to be approved by at least 75% of shareholders and directors.She first introduced the bill in 2018 to the US Senate, with the congressman Mark Pocan of Wisconsin introducing a companion bill in the House.The bill faces tough opposition in Congress, especially with an incoming Republican administration. Business leaders have considered similar proposals. In 2019 the Business Roundtable, the US’s lead business lobby, called for a redefinition of the purpose of a corporation away from a focus on shareholders to an “economy that serves all Americans”. But that redefinition now seems to have been dropped. More

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      Trump names Andrew Ferguson as next chair of Federal Trade Commission

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      President-elect Donald Trump on Tuesday named Andrew Ferguson as the next chair of the Federal Trade Commission.He will replace Lina Khan, who became a lightning rod for Wall Street and Silicon Valley by blocking billions of dollars’ worth of corporate acquisitions and suing Amazon and Meta while alleging anticompetitive behavior.It was one of several evening announcements Trump made via his social media platform, including that he was naming Mark Meador as a commissioner to the FTC, Kimberly Guilfoyle as ambassador to Greece, a longtime supporter who was engaged to his son Don Jr, and ally and former inaugural chairman Tom Barrack as ambassador to Turkey.Ferguson is already one of the FTC’s five commissioners, which is currently made up of three Democrats and two Republicans.“Andrew has a proven record of standing up to Big Tech censorship, and protecting Freedom of Speech in our Great Country,” Trump wrote on Truth Social, adding, “Andrew will be the most America First, and pro-innovation FTC Chair in our Country’s History.”The replacement of Khan likely means that the FTC will operate with a lighter touch when it comes to antitrust enforcement. The new chair is expected to appoint new directors of the FTC’s antitrust and consumer protection divisions.“These changes likely will make the FTC more favorable to business than it has been in recent years, though the extent to which is to be determined,” wrote Anthony DiResta, a consumer protection attorney at Holland & Knight, in a recent analysis.Deals that were blocked by the Biden administration could find new life with Trump in command.For example, the new leadership could be more open to a proposed merger between the country’s two biggest supermarket chains, Kroger and Albertsons, which forged a $24.6bn deal to combine in 2022. Two judges halted the merger on Tuesday night.The FTC had filed a lawsuit in federal court earlier this year to block the merger, claiming the deal would eliminate competition, leading to higher prices and lower wages for workers. The two companies say a merger would help them lower prices and compete against bigger rivals like Walmart.One of the judges said the FTC had shown it was likely to prevail in the administrative hearing.Yet given the widespread public concern over high grocery prices, the Trump administration may not fully abandon the FTC’s efforts to block the deal, some experts have said.And the FTC may continue to scrutinize big tech firms for any anticompetitive behavior. Many Republican politicians have accused firms such as Meta of censoring conservative views, and some officials in Trump’s orbit, most notably the vice president-elect, JD Vance, have previously expressed support for Khan’s scrutiny of big tech firms.Trump named Meador, a former staff member to Utah senator Mike Lee, as an FTC commissioner, a role that he should be comfortable with given his experience with the agency.Meador is a veteran of the FTC and spent five years at the beginning of his career working on antitrust cases at the agency. He later served for two years at the justice department’s antitrust division before taking a role as the advisor to Lee, the ranking Republican on the Senate antitrust committee. Meador was in the running to be a minority party member on the FTC under Joe Biden.Barrack, a wealthy financier, met Trump in the 1980s while helping negotiate Trump’s purchase of the renowned Plaza hotel. He was charged with using his personal access to the former president to secretly promote the interests of the United Arab Emirates, but was acquitted of all counts at a federal trial in 2022.Trump called him a “well-respected and experienced voice of reason”.Guilfoyle is a former California prosecutor and television news personality who led the fundraising for Trump’s 2020 campaign.Trump also announced Tuesday that he had selected Jacob Helberg as the next undersecretary of state for economic growth, energy and the environment, and Dan Bishop as deputy director for budget at the Office of Budget and Management.For ambassador to Mexico, Trump has picked Ron Johnson, who served as ambassador to El Salvador in Trump’s first term. In a post on Truth Social, Trump congratulated Johnson, saying, “Together, we will put an end to migrant crime, stop the illegal flow of Fentanyl and other dangerous drugs into our Country and, MAKE AMERICA SAFE AGAIN!” More

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      Trump taps former Fox News host Kimberly Guilfoyle as US ambassador to Greece

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      Donald Trump has named Kimberly Guilfoyle, a former Fox News host who has been engaged to Trump’s eldest son, to be the US ambassador to Greece.“For many years, Kimberly has been a close friend and ally,” Trump wrote in a statement. “Kimberly is perfectly suited to foster strong bilateral relations with Greece, advancing our interests on issues ranging from defense cooperation to trade and economic innovation.”Guilfoyle’s nomination would require Senate confirmation. She wrote on social media: “I’m honored to accept President Trump’s nomination to serve as the next Ambassador to Greece and I look forward to earning the support of the US Senate.”The president-elect has been filling out his administration with loyalists, donors and family members. Trump chose Charles Kushner, his son-in-law’s father, to serve as ambassador to France, and Massad Boulos, the father-in-law of daughter Tiffany Trump, to serve as a Middle East adviser.Guilfoyle – who was engaged to Trump’s son Donald Trump Jr in 2020 – has served as a campaign fundraiser and surrogate for Trump. She has not served in any foreign policy or diplomacy role, working as a prosecutor in California before transitioning to a career in television.Guilfoyle left Fox News in 2017. In 2020, the New Yorker detailed allegations from a former assistant of Guilfoyle who had accused her of repeated sexual harassment. More

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      Trump’s deportation plan would hurt families and economy, Senate hears

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      Donald Trump’s vow to carry out the largest deportation campaign in American history would separate families and hurt the economy, witnesses testified during a Tuesday Senate hearing, as a top Republican on the committee warned that undocumented people living in the country should “get ready to leave”.The president-elect has outlined an aggressive second-term immigration agenda that includes plans to declare a national emergency and deploy the US military to round up and expel millions of people living in the country without documentation. Trump has also vowed to end humanitarian protections for millions of people who fled violence, conflict or other disasters in their home country.The hearing, convened by Democrats on the Senate judiciary committee, set out to explore the economic and human toll of a large-scale deportation operation. But the session also revealed the ideological tensions that have for decades thwarted legislative attempts at immigration reform.“If you’re here illegally, get ready to leave. If you’re a criminal, we’re coming after you,” said Lindsey Graham, the top Republican on the Senate judiciary committee. When Republicans assume the Senate majority next year, Graham promised his party would bring forward a “transformational border security bill” that would expand capacity at detention centers, boost the number of immigration officers and “finish the wall”.Many of Trump’s most controversial immigration policies, including family separation, proved deeply unpopular during his first term in office. But a post-pandemic rise in global migration led to a surge of asylum claims at the US-Mexico border during the early years of the Biden administration. Americans strongly disapproved of Biden’s handling of the issue, and ranked immigration as a top election issue.The November election was a “referendum on the federal border policies for the Biden-Harris administration”, the senator John Cornyn, a Texas Republican and the ranking member on the judiciary committee’s immigration subcommittee, declared during the hearing.The Democratic senators insisted that there were areas of common ground between the parties – repeatedly stating their support for the removal of immigrants with criminal records and the need for better controls at the border. And they emphasized the broad support for protecting Dreamers, people brought to the country as children.“Instead of mass deportations, [let’s have] mass accountability,” said the senator Dick Durbin, the committee’s Democratic chair. “Let’s fix our broken immigration system in a way that protects our country and honors our heritage as a nation of immigrants.”Democrats turned to their witnesses – an immigration expert, a retired army major general and an undocumented prosecutor – to make the case that mass deportations would do far more harm than good.“The president-elect’s mass deportation plans would crash the American economy, break up families and take a hammer to the foundations of our society by deporting nearly 4% of the entire US population,” Aaron Reichlin-Melnick, a senior fellow at the nonpartisan American Immigration Council, testified to the committee.An analysis by his group estimates that it would cost nearly $1tn to carry out Trump’s mass deportation plan and slash the annual GDP by between 4.2% and 6.8% – a level on par with the recession of 2008. Asked how Trump’s plans could impact Americans financially, Reichlin-Melnick said it would exacerbate inflation and cause food prices to rise.“A single worksite raid in 2018 under the Trump administration at a beef plant in Tennessee led to ground beef prices rising by 25 cents for the year that the plant was out of operation following the raid,” he said.Randy Manner, a retired US army major general and anti-Trump Republican, cautioned against using US troops to assist with a politically decisive domestic mission that he warned could undermine military readiness and erode public trust in the institution.“The US military is the best trained in the world for its war fighting mission, but it is neither trained or equipped for immigration enforcement,” he said.Among the witnesses invited to testify was Foday Turay, an assistant district attorney in Philadelphia who fled Sierra Leone as a child and testified that he did not know he was undocumented until he went to apply for a driver’s license. He is shielded from deportation by the Deferred Action for Childhood Arrivals program.As a father, a husband, an immigrant and a prosecutor, Turay said the threat of mass deportations would affect him “on a personal level, on a community level and on a societal level.“If I were to be deported, my wife and our son would be left without money to pay the mortgage. My son would also be without a father,” he said. He also warned that the widespread deployment of immigration agents could chill the ability of law enforcement to pursue criminals.“As a prosecutor, I know how delicate the ties between law enforcement and immigrants can be if immigrants are afraid to cooperate with the police or prosecutors like myself because they’re afraid of deportation,” he added. “Mass deportation hurts all of us, our families, our community and our society.”Republicans invited Patty Morin, the mother of 37-year-old Rachel Morin, who was beaten, raped and killed in August 2023 during a hiking trip. Officials say the suspect in her death was in the US illegally after killing a woman in his native El Salvador. Trump, with the support of the Morin family, has cited the murder as part of his appeal for stricter border controls.“The American people should not feel afraid to live in their own homes,” Patty Morin told the committee. “We need to follow the laws that are already on the books, we need to close our borders. We need to protect American families.”Seeking common ground, the Democratic senator Peter Welch of Vermont asked Morin if she would support a deportation policy that targeted undocumented people with a criminal record while pursuing a legal remedy for those who have lived and worked in the US with no criminal record.“Are we saying it’s ok to come to America in an unlawful way?” Morin replied. “There has to be some kind of a line, a precedent, of what is lawful and what isn’t lawful.”The senator Alex Padilla, a California Democrat who has been sharply critical of Trump’s immigration proposals, accused his Republican colleagues of distorting data and conflating fentanyl deaths with immigration. Citing federal statistics, he said the vast majority – more than 80% – of people prosecuted for trafficking the drug into the country were US citizens.“If that’s a concern, then let’s address the heart of the concern and not just use it as a sound bite to further attack immigrants,” he said.Ahead of the hearing, Padilla was among a group of Democratic senators who sent a letter to the president urging Biden to extend humanitarian protections to certain groups and to expedite the processing of applicants for the Deferred Action for Childhood Arrivals, which shields from deportation undocumented people brought into the US as children.“We urge you to act decisively between now and the inauguration of the president-elect to complete the important work of the past four years and protect immigrant families,” the letter said.Earlier this week, the White House released a memo outlining Biden’s priorities for his final days in office that did not include any reference to immigration-related actions. 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      Trump first-term inquiry into leakers led to invasive searches, report finds

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      A Department of Justice (DoJ) investigation aimed at finding leakers during Donald Trump’s first presidency resulted in invasive searches of congressional staffers’ phone and email records, often without specific cause or the prior approval of the attorney general, a report published on Tuesday has found.In findings that may trigger concerns of how Trump’s incoming administration will behave, the department’s inspector general concluded that DoJ lawyers overreached their authority in their inquiries aimed at discovering who was leaking classified information in 2017, in the early phases of the president-elect’s first stint in the White House.The phone records of two Congress members and 43 staffers – including 21 Democrats and 20 Republicans, along with two holding non-partisan roles – were sought in an aggressive effort to find the source of leaks following the firing of James Comey, the former FBI director, who was ousted by Trump.Although Michael Horowitz’s 96-page report did not identify those whose records had been searched, CNN reported that they included Kash Patel, whom Trump has nominated to be the next FBI director. Patel was a staff member of the House of Representatives’ intelligence committee at the time of the DoJ leak inquiry.Others included the then House member, and recently elected Democratic senator, Adam Schiff – branded as an “enemy within” by Trump in his successful recent presidential election campaign – and Eric Swalwell, another Democratic representative.DoJ prosecutors also sought the records of journalists from the New York Times, Washington Post and CNN as part of the investigation.The subpoenaing of reporters’ records during the first Trump administration has been previously reported and was described as “simply, simply wrong” by Joe Biden in 2021, leading to the DoJ announcing it would no longer seek a legal process to find out journalists’ sources.Since his first presidency, Trump has pledged to jail reporters who do not divulge their sources on stories he considers to have national security implications – a threat now carrying greater weight with his imminent return to the White House.Horowitz said many of the congressional records had been obtained without just cause and, as such, put Congress’s constitutional oversight function of the executive branch at risk.“[D]ozens of congressional staffers became part of the subject pool in a federal criminal investigation for doing nothing more than performing constitutionally authorized oversight of the executive branch,” he wrote.“We believe that using compulsory process to obtain such records when based solely on the close proximity in time between access to the classified information and subsequent publication of the information – which was the case with most of the process issued for non-content communications records of congressional staff in the investigations we examined – risks chilling Congress’s ability to conduct oversight of the executive branch.”The report said DoJ prosecutors did not take into account important constitutional principles governing the separation of powers between the legislative and executive branches.The subpoenas requested records of whom staff had spoken to and for how long, rather than the content of their conversations.However, even such limited requests amounted to an encroachment on Congress’s constitutional powers, the report suggested.It stated: “Even non-content communications records – such as those predominantly sought here – can reveal the fact of sensitive communications of members of Congress and staffers, including with executive branch whistleblowers and with interest groups engaging in First Amendment activity.”Criticism of the department for over-zealousness during Trump’s first administration seems ironic given his insistent claims that it was weaponised against him after he left office to press criminal charges that he has dismissed as a political witch-hunt and which he has demanded be purged.It may also foreshadow developments in his forthcoming presidency after he nominated a staunch loyalist, Pam Bondi, as attorney general, after his original pick, Matt Gaetz, stepped aside amid allegations of sexual misconduct. Trump has repeatedly expressed his desire to bring the DoJ under direct White House control, in contrast with the quasi-independent status it has held since the Watergate era.He has also spoken of using it to pursue his political opponents and enemies. More

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      Disgraced former congressman Anthony Weiner retrying comeback

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      Anthony Weiner, the former congressman who suffered one of the most spectacular falls from grace in US politics after he was embroiled in a sexting scandal that some blame for Hillary Clinton’s defeat in the 2016 presidential election, has formally initiated yet another attempt at a comeback.Weiner, 60, has officially registered as a candidate for a New York City council seat. The filing with the city’s campaign finance board, which was first reported by the New York Post’s Craig McCarthy, marks Weiner’s latest attempt to claw his way back into public office despite his scandal-laced past.The disgraced politician’s longstanding X account reposted news of the candidate filing on Tuesday with the comment: “Mr Moneybags over here.” The remark was an apparent ironic reference to the fact that he has so far recorded zero dollars in supporters’ donations for his campaign coffers.In recent weeks, Weiner has been dangling the possibility of an attempted return to public life in front of media outlets, including his own The Middle radio show on WABC. In a recent broadcast, he told his listeners that he still craved public service, addressing his sexual misdeeds, which culminated in him serving 18 months in prison for sexually messaging an underaged girl.He said on the show that “the things in my past, the things about my addiction, the things about my acting out, the things about my background – it’s a lot, it’s a lot. But we’re at a moment that we Democrats, we seem like we come into knife fights carrying library books all the time.”Weiner has been assailed by scandal since he crashed out of Congress in 2011 after 13 years representing New Yorkers. His downfall came amid a sexting scandal involving explicit messages sent to several women, as well as the underaged girl.He made his first comeback pitch in 2013, running for New York mayor, only to flame out again in a renewed scandal over sexual texts sent under the cover name Carlos Danger.But it was the inadvertent role that Weiner played in Clinton’s agonizing defeat when Donald Trump clinched his first presidency for which Weiner will be most remembered – unflatteringly so – by many Democrats. In 2016, federal prosecutors opened a criminal investigation into Weiner’s exchange of lewd photos with a 15-year-old girl in North Carolina.The inquiry became entangled with Clinton’s White House bid because Weiner’s then wife, Huma Abedin, was vice-chair of the Democratic nominee’s presidential campaign. In the course of the investigation into Weiner’s sexting, FBI agents found emails on his personal laptop that led them to reopen an investigation into a private email server used by Clinton.The investigation, reopened just days before the 2016 election, was rapidly concluded with no incriminating evidence found against Clinton. But the damage had been done as Trump took the decisive electoral college victory despite losing the popular vote.To this day, Weiner’s sexual misconduct is regarded by many in the Democratic party as a factor behind Clinton’s defeat – and hence Trump’s elevation to the White House, which he retook in the 5 November election against Kamala Harris after losing the 2020 race to Joe Biden.“Everyone deserves a second chance,” another candidate vying for the city council seat, Sarah Batchu, told the New Republic recently. “But this guy has had third, fourth and fifth chances.” More