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Biden campaign out-raised Trump by over $150 million in August

The Trump campaign and its joint fundraising committees with the Republican National Committee raised over $210 million in August, they announced Wednesday.

Why it matters: Joe Biden and the Democratic National Committee raised $364.5 million in the same period, dwarfing Trump's total fundraising haul by over $150 million. It is believed to be the most ever raised by a presidential candidate in a single month.


What they're saying: "Democrats pulled out all the stops in an attempt to boost Joe Biden’s campaign this month," the Trump campaign and the RNC said in a statement.

  • "In addition to the announcement of their vice presidential nominee and DNC Convention which historically brings an influx of cash, Democrats relied heavily on Hollywood celebrities and gimmicks to raise their numbers."
  • "But big names are no match for the enthusiasm advantage that President Trump enjoys and the ground game that the Trump campaign and RNC have amassed over the past four years."

The big picture: Amid reports of a cash crunch, Trump said on Tuesday that he'll spend "whatever it takes" of his own money if necessary to win in November.

This story is breaking news. Please check back for updates.

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Employees grapple with re-entry anxiety as jobs call them back

Pandemic-related anxieties are entering a new phaseas more employers start to call vaccinated workers back into their offices.

Why it matters: Some employees simply don't want to go back to the office; some are desperate to. Some are struggling to rearrange their routines yet again; some don't have that flexibility. And everyone — employers and employees alike — is figuring out on the fly how to make it work.

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Biden issues executive order that requires new steps on climate-related financial risk

President Biden issued an executive order Thursday that directs agencies government-wide to launch or expand efforts to analyze and lessen economic risks stemming from climate change.

Why it matters: The move signals growing concerns that the government lacks sophisticated understanding of how global warming creates new or growing jeopardy for financial and government institutions, consumers and other parties.

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Biden's infrastructure deal gives no clarity on corporate or individual tax rates

President Biden yesterday announced "we have a deal" on an infrastructure bill, while surrounded by a bipartisan group of senators in the White House driveway.

Between the lines: No they don't. Unless you want to make the word "deal" as squishy as the word "infrastructure" has become.

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White House to send federal law enforcement to Haiti

The White House will send federal law enforcement officers to Haiti imminently to help investigate the assassination of Haitian President Jovenel Moïse, White House press secretary Jen Psaki said Friday.

State of play: Senior officials from the FBI and Department of Homeland Security will travel to the capital city of Port-au-Prince "as soon as possible" to "assess the situation and how we may be able to assist," Psaki said.

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