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RINGSIDE POLITICS – MAY 26, 2021

Written by on May 26, 2021

Welcome to another edition of Ringside Politics with Jeff Crouere

Today’s Hot Topics:

1) Brian Deese, the current head of the National Economic Council, was one of his closest aides during the financial crisis. The chair of the Council of Economic Advisers, Cecilia Rouse, had him as an adviser in graduate school. And Gene Sperling, who will oversee the president’s $1.9 trillion economic rescue plan, used to make annual trips with him to a Florida tennis camp.

Just about everywhere you look in the Biden White House, you can see former treasury secretary Larry Summers’s influence. Everywhere, that is, except for the policies.

Summers, 66, who drafted economic blueprints for the past two Democratic presidents and was a top candidate to lead the Federal Reserve Board under President Barack Obama, has emerged in recent weeks as the loudest critic of President Biden’s approach to reviving the pandemic-era U.S. economy. The Harvard University professor — who advised Biden for a time last summer — warns that the president’s stimulus plan may trigger the highest inflation in more than half a century and could cost Democrats the chance to make lasting investments in the economy.

2) In an act of solidarity, Mayor Bill de Blasio, Rev. Al Sharpton and other city leaders gathered in Harlem to honor the legacy of George Floyd, who was killed by former Minneapolis police officer Derek Chauvin one year ago today.

Reflecting on the movement that took hold of both the city and the nation after Floyd’s death, city leaders knelt together in silence for nine minutes and 29 seconds, the amount of time Chauvin knelt on the neck of Floyd.

“It was intergenerational and it was multiracial,” Rev. Sharpton said. “Clearly, a time had come for people to stand and deal with policing.”

The tribute took place at the National Action Network’s House of Justice.

“Imagine how long that was on a human being’s neck. Never switched knees, just dug in. It is time we correct policing in this country,” Rev. Sharpton said.

3) Cheers could be heard in the Senate chamber after an amendment introduced by Sen. Rand Paul to ban the funding of gain-of-function research in China was passed unanimously.

“Gain-of-function research, where we take a deadly virus, sometimes much more deadly than COVID, and then we increase its transmissibility to mammals is wrong,” Paul said when introducing the amendment. “Any gain-of-function research should not be funded in China with U.S. taxpayer dollars, and I recommend a yes vote.”

Paul’s amendment was then sent to a voice vote and was approved, eliciting cheers from throughout the chamber.

4) President Joe Biden and Vice President Kamala Harris met on Tuesday with the family of George Floyd exactly one year after he was killed by a Minneapolis police officer, sparking nationwide protests against racism and police brutality.

Floyd’s brother, Philonise Floyd, told reporters the family had a “great” meeting with the President and vice president and said: “He’s a genuine guy. They always speak from the heart.”
“We’re just thankful for what’s going on and we just want the George Floyd Policing Act to be passed,” Philonese Floyd told reporters at the White House.

Today’s Guests:

1) Dr. Patricia Whitley-Williams, MD, Physician; President; National Foundation for Infectious Diseases

2) Steve Moore, Former Trump Economic Adviser

3) Mimi Crouere, Commentator, Author and Talk Show Host