Biden tells congressional Democrats he is "firmly committed" to staying in 2024 race
CBSN
Washington — President Biden on Monday sent a letter to congressional Democrats saying that he is "firmly committed" to staying in the race and making clear that he wouldn't be running again if he "did not absolutely believe I was the best person to beat Donald Trump in 2024."
Lawmakers are returning to Washington this week after a July 4 recess, which came as questions about Mr. Biden's ability to serve another term roiled the political sphere following a disastrous debate performance last month. A slow leak of Democratic lawmakers have since called on Mr. Biden to step aside from the race. But the president has been clear that he will not drop out.
In the letter, the president cited the votes he received in the primaries so far, saying "the voters of the Democratic Party have voted," and selected him as their presumptive nominee. Mr. Biden surpassed the number of delegates needed to clinch the Democratic Party's nomination in March, and now has secured 3,896 delegates. There are 1,976 delegates needed to secure the Democratic nomination at the convention in August.
President Biden on Monday signed into law a defense bill that authorizes significant pay raises for junior enlisted service members, aims to counter China's growing power and boosts overall military spending to $895 billion despite his objections to language stripping coverage of transgender medical treatments for children in military families.
It's Christmas Eve, and Santa Claus is suiting up for his annual voyage from the North Pole to households around the world. In keeping with decades of tradition, the North American Aerospace Command, or NORAD, will once again track Santa's journey to deliver gifts to children before Christmas 2024, using an official map that's updated consistently to show where he is right now.
An anti-money laundering law called the Corporate Transparency Act, or CTA, appears to have been given new life after an appeals court on Monday determined its rules can be enforced as the case proceeds. The law requires small business owners to register with the Financial Crimes Enforcement Network, or FinCEN, by Jan. 1, or potentially pay fines of up to $10,000.