Playbook PM: Biden’s next campaign

Presented by Blue Cross Blue Shield Association: POLITICO's must-read briefing on what's driving the afternoon in Washington
May 01, 2020 View in browser
 
POLITICO Playbook PM

By Anna Palmer, Jake Sherman, Eli Okun and Garrett Ross

Presented by

ANOTHER CAMPAIGN began for JOE BIDEN this morning.

NOT HIS PRESIDENTIAL CAMPAIGN, which he launched a year ago this week, or the primary campaign he successfully slogged through over the last three months.

THIS IS A CAMPAIGN OF A THOROUGHLY MODERN VARIETY: litigating a decades-old allegation for which there are likely no corroborating witnesses on either side, or hard evidence to convict him or exonerate him. And the jury is an American public that has presided over many public trials about allegations of sexual impropriety in the past few years, and is typically split about who to believe.

BIDEN'S ANSWER about whether he assaulted TARA READE -- delivered on MSNBC's "MORNING JOE" this morning -- seemed absolutely Shermanesque: "No. It is not true. I'm saying unequivocally it never, never happened and it didn't. It never happened."

IT'S AN ANSWER THAT SEEMED DESIGNED to put the issue to rest. But in 2020, it will do nothing like that. BIDEN'S detractors -- Republicans and Democrats alike -- found plenty to poke at to keep this story alive.

FIRST, in saying that he would ask the National Archives to release any complaint made by READE, BIDEN said "he's confident there's nothing" but added, "no one ever brought it to the attention of me 27 years ago" -- leaving open a sliver of a possibility that there's some complaint there that he may not know about.

"NO ONE THAT I'M AWARE OF ... in my Senate office at the time is aware of any such ... complaint," BIDEN said during a one-on-one interview with MIKA BRZEZINSKI. "And so I'm not worried about it at all. If there is a complaint, that's where it would be, that's where it would be filed, and if it's there, put it out, but I've never seen it, no one has, that I'm aware."

SECOND is the befuddling mischief-making about BIDEN'S University of Delaware archive. BIDEN bequeathed his Senate papers to UD, which is cataloguing them ahead of a projected 2021 opening.

TEAM BIDEN curated the papers, which they say include speeches, policy papers and communications with leaders. BIDEN himself said personnel records are simply not housed there. Yet, in that, BIDEN'S opponents have something else to latch onto: that somewhere deep in those boxes in Newark, the former VP has something to hide.

IN FACT, BIDEN did suggest he didn't want his political opponents to take out of context some of the policy positions he has taken, or things he has said in his career.

AND THIS WEEKEND, READE is likely to give a television interview in the next few days, as BEN SMITH reported in the NYT on Thursday.

Good Friday afternoon.

A message from Blue Cross Blue Shield Association:

Blue Cross and Blue Shield companies are working to meet the needs of the healthcare system at this critical time. From family physicians to community clinics and large hospitals, we're providing resources to ensure those on the frontlines are protected and supported during this pandemic, and remain strong beyond it.

 

STATE OF THE ART ... WSJ'S MIKE BENDER and KEN THOMAS: "Trump Makes Push for Seniors as Coronavirus Crisis Erodes Support": "The Trump campaign tested the effectiveness of the Democratic ads last week, the first time the campaign has done so in either of Mr. Trump's two races, according to a person familiar with the results. However, the data indicated that Mr. Trump's drop was more directly related to his performance at the nightly task force briefings that he has since curtailed, according to the person. ...

"The campaign has ordered red, Trump-branded face masks for supporters, according to people familiar with the matter. Campaign officials have discussed giving away the masks at events or in return for donations, one of the people said."

TROUBLE FOR THE GOP IN THE SOUTH ... ATLANTA JOURNAL-CONSTITUTION: "Internal GOP poll points to troubling signs for Georgia Republicans," by Greg Bluestein: "Voters are evenly split on Trump, but [Gov. Brian] Kemp's disapproval rating (52%) outweigh his approval rating (43%). [Sen. Kelly] Loeffler is deeper underwater after grappling with an uproar over her stock transactions during the pandemic, with an approval of 20% and disapproval of 47%. [Rep. Doug] Collins' approval rating is about 10 percentage points higher than his disapproval."

NEW ... HOUSE JUDICIARY has asked Amazon CEO JEFF BEZOS to testify. The letter

HOUSE MINORITY WHIP STEVE SCALISE (R-La.) held a whip call this morning with chef Emeril Lagasse and National Restaurant Association CEO Marvin Irby to discuss the reopening of restaurants.

NAMED AND SHAMED -- "Public companies received $1 billion in stimulus funds meant for small businesses," by WaPo's Jonathan O'Connell, Steven Rich and Peter Whoriskey: "Nearly 300 public companies have reported receiving money from the fund, called the Paycheck Protection Program, according to the data compiled by The Post. Recipients include 43 companies with more than 500 workers, the maximum typically allowed by the program. Several other recipients were prosperous enough to pay executives $2 million or more. ...

"As of Thursday, public companies had reported returning more than $125 million, according to a Post analysis of filings." WaPo ... The data

SHOT ... L.A. TIMES: "Elite private schools are receiving federal loans — including one attended by Secretary Mnuchin's children," by Daniel Miller, Howard Blume and Paloma Esquivel

CHASER ... @stevenmnuchin1: "It has come to our attention that some private schools with significant endowments have taken #PPP loans. They should return them. @SBAgov #CARESAct #PPPLoans"

MEANWHILE -- "For Many Small Businesses, U.S. Coronavirus Aid Falls Short," by WSJ's Yuka Hayashi: "The federal government's $660 billion aid program for small businesses coping with the coronavirus pandemic threatens to leave hundreds of thousands of companies struggling to survive because of its limits on nonpayroll expenses.

"The Paycheck Protection Program requires that 75% of the funds go for employee salaries, and no more than 25% on rent, mortgage interest and utility payments. That is proving to be a deal breaker for many small businesses with modest payrolls and high rent costs, such as restaurants, salons and shops in urban areas including New York, Los Angeles and Chicago." WSJ

 

MONDAY - A VIRTUAL PLAYBOOK INTERVIEW WITH HOUSE GOP LEADER KEVIN MCCARTHY: How is the minority party in the House planning to navigate the next steps in the response to the coronavirus pandemic? In an election year, is it possible to avoid the anticipated partisan battles over additional relief measures and other legislative priories? Join Playbook co-authors Anna Palmer and Jake Sherman on Monday at 10 a.m. EDT for a virtual discussion with House GOP Leader Kevin McCarthy (R-Calif.) about his efforts to try to get the House to return to Washington, what's next for economic relief legislation, and how mail-in voting could impact the 2020 election. Have questions? Submit yours by tweeting it to @POLITICOLive using #AskPOLITICO. REGISTER HERE.

 
 

WHAT JARED IS UP TO -- "Trump Hails Kushner's PPE Airlift, But Details of Sales Are Secret," by Bloomberg's Josh Wingrove, Daniel Flatley, and Shira Stein: "Kushner's 'Project Airbridge' provides transportation via FedEx Corp. and others for supplies that medical distributors, including McKesson Corp. and Cardinal Health Inc., buy from overseas manufacturers, mainly in China. Once a supplier's goods arrive in the U.S., the companies must sell half the order in government-designated hotspots. They sell the rest as they see fit. ...

"The program has won praise from some states ... Other governors and lawmakers have raised questions, saying they have no visibility into how supplies are distributed and the government has only limited power to direct it. The program appears to run largely outside the standard federal channels for competitive bidding, disclosure and transparency." Bloomberg

FOR YOUR RADAR -- "U.S. Probes University of Texas Links to Chinese Lab Scrutinized Over Coronavirus," by WSJ's Kate O'Keeffe: "The Education Department has asked the University of Texas System to provide documentation of its dealings with the Chinese laboratory U.S. officials are investigating as a potential source of the coronavirus pandemic.

"The request for records of gifts or contracts from the Wuhan Institute of Virology and its researcher Shi Zhengli, known for her work on bats, is part of a broader department investigation into possible faulty financial disclosures of foreign money by the Texas group of universities. The Education Department's letter ... also asks the UT System to share documents regarding potential ties to the ruling Chinese Communist Party and some two dozen Chinese universities and companies, including Huawei Technologies Co. and a unit of China National Petroleum Corp." WSJ ... The letter

FRIDAY NEWS DUMP -- "CDC eyes tracking coronavirus through human waste," by Betsy Woodruff Swan, Daniel Lippman and Annie Snider: "The U.S. has struggled to keep pace with other advanced countries on coronavirus testing, and now is considering tracking the spread of the virus through sewage systems as a way to predict where the next hotspot may be.

"Jay Butler, the deputy director for infectious diseases at the Centers for Disease Control and Prevention, raised the intriguing possibility on Monday in a conference call with private sector representatives, according to audio of the call reviewed by POLITICO. ... 'There is not a lot of evidence of transmission through stools,' he said. ... But, he continued, the virus can sometimes be present in human waste — and that may be a feature, not a bug. ...

"While wastewater surveillance has been used for years in developing countries to detect outbreaks of polio, in the U.S., it has been used more recently to track opioid use within communities. A spokesperson for the CDC confirmed that the agency is eyeing wastewater as part of its response to the pandemic, though it is not yet doing so." POLITICO

BIG, STRUCTURAL CHANGE -- "Democrats push for federal control during medical supply shortage," by Heather Caygle: "Rep. Anthony Brown (D-Md.) is leading the effort with a bill that would give the Federal Emergency Management Agency control over supplying medical equipment to states — from ventilators and X-ray machines to masks and gloves — during this and future pandemics. Sen. Elizabeth Warren (D-Mass.) is sponsoring a companion bill in the Senate. ...

"The bill is one of multiple pieces of legislation introduced by Democrats in recent days that would centralize at least some parts of the supply and delivery of medical supplies during an emergency. ... But it's unclear how much Republicans would be interested, if at all, given GOP lawmakers are loath to support any additional federal control over states." POLITICO

 

WHAT DOES SUSTAINABILITY MEAN TO YOU? In the midst of a global pandemic, sustainability is quickly evolving. What will a business and policy agenda look like as we work to fight off coronavirus? How can we restart the economy while addressing long-term challenges like climate change and workers' rights? The Long Game newsletter answers these complex questions and more with insightful interviews and analysis of sustainability issues across all industries. Subscribe today.

 
 

NOT-SO-INSTACART -- "For Most Food Stamp Users, Online Shopping Isn't an Option," by NYT's Tara Siegel Bernard: "Texas and several other states have recently signed up for a pilot program that would expand that access. Congress authorized the pilot program six years ago, but it got off the ground only last year — and advocates for low-income Americans say it could have made a bigger difference during the pandemic if the government and other stakeholders had moved faster. ...

"Some stores are using a workaround that doesn't require coordinating with the government: allowing SNAP recipients to place orders online and then swipe their benefit cards when they pick up their groceries. ... But that's possible only if a store's system is already set up to allow customers to place an order and pay later. Stores that require online payment for delivery or pickup can do so for SNAP recipients only if their state is part of the pilot program set up by the Agriculture Department." NYT

VALLEY TALK -- "How the virus could boomerang on Facebook, Google and Amazon," by Steven Overly and Leah Nylen: "The coronavirus's economic wreckage is poised to boost the dominance of tech giants like Facebook, Google and Amazon — and their risks of an antitrust collision with Washington.

"The pandemic has hit the biggest tech companies too, of course, with both Google and Facebook reporting this week that their digital ad revenue plunged as the economy began shutting down in March. But their smaller tech rivals are suffering far worse — as are the ad-dependent media companies that have shed tens of thousands of jobs and the vast numbers of brick-and-mortar retailers that may never reopen. The result is a looming economic imbalance that could provide even more fuel for antitrust hawks from both parties."

AMY'S NEXT MOVE ... "Klobuchar launches campaign to aid Senate, House Dems in 2020," by Elena Schneider: "Two months after ending her presidential campaign and amid vice presidential speculation, the Minnesota Democrat is launching a new effort to help direct money and campaign help to down-ballot Democrats. The endeavor — called the Win Big Project, a play on one of Klobuchar's 2020 campaign slogans — started on Friday by endorsing a slate of a dozen House and Senate candidates." POLITICO

WAPO: "Israeli bank fined nearly $1 billion in U.S. tax evasion, money laundering cases," by Steve Hendrix: "Israel's largest bank will pay more than $900 million after admitting it helped U.S. customers evade taxes in illegal offshore accounts and, separately, that it laundered money as part of a bribery scheme in the ranks of international soccer, U.S. prosecutors said Thursday.

"Bank Hapoalim and its Swiss subsidiary pleaded guilty to aiding U.S. customers in setting up accounts under false names and avoiding U.S. reporting requirements for more than a decade, prosecutors said in a release, helping them evade taxes on more than $7.6 billion in deposits." WaPo

SPOTTED at a virtual party for former Secretary of State Madeleine Albright's new book, "Hell and Other Destinations" ( $20.99 on Amazon), hosted by Dan and Aviva Rosenthal on Thursday night: John and Mary Podesta, Tony Blinken, Carol Browner, David and Katie Leavy, Nicole Elkon, Indian Ambassador Taranjit Singh Sandhu, Bob Barnett and Jeremy Bash.

 

Advertisement Image

 
 

Follow us on Twitter

Anna Palmer @apalmerdc

Jake Sherman @JakeSherman

Eli Okun @eliokun

Garrett Ross @garrett_ross

 

Subscribe to the POLITICO Playbook family

Playbook  |  Playbook PM  |  California Playbook  |  Florida Playbook  |  Illinois Playbook  |  Massachusetts Playbook  |  New Jersey Playbook  |  New York Playbook  |  Brussels Playbook  |  London Playbook

View all our politics and policy newsletters

Follow us

Follow us on Facebook Follow us on Twitter Follow us on Instagram Listen on Apple Podcast
 

To change your alert settings, please go to https://secure.politico.com/newsletter-settings

This email was sent to ateebhassan000.ravian@blogger.com by: POLITICO, LLC 1000 Wilson Blvd. Arlington, VA, 22209, USA

Please click here and follow the steps to unsubscribe.

Extra Crunch Friday: 7 VCs talk about today's esports opportunities

Extra Crunch Newsletter
Extra Crunch logo
Extra Crunch Roundup logo

Friday, May 01, 2020 By Walter Thompson

Welcome to Extra Crunch Friday

Welcome to Extra Crunch Friday image

Image Credits: Chris Graythen / Getty Images

Earlier this week, we reached out to several investors to get their thoughts about how the pandemic is affecting gaming startups.

Yesterday, we followed up with a report that examined the esports sector, which has seen a surge since millions began sheltering in place. In Q1, it looked like funding for esports had fallen off, but widespread lockdowns have sparked new interest.

Seven VCs offered their perspectives:

  • Peter Levin, Griffin Gaming Partners
  • Beth Ferriera, Firstmark
  • Ethan Kurzweil, Bessemer Venture Partners
  • Jens Hilgers, BitKraft Ventures
  • Doug Higgins, Sapphire Sport
  • Rick Yang, NEA
  • Kevin Baxpehler, Remagine Ventures

We have two Extra Crunch Live events next week you’ll want to add to your calendar:

Everyone is invited to watch, but we’ll take questions from Extra Crunch members — please subscribe now if you haven’t already.

Thanks for reading, and have an excellent weekend!

 

Walter Thompson
Senior Editor, TechCrunch
@yourprotagonist

Read more

IPOs, crypto funds and other things I missed this week

IPOs, crypto funds and other things I missed this week image

In today’s column, Alex Wilhelm sorts through an exhausting week for tech news.

“So let's talk about a16z's new crypto fund, recent economic data, the Ebang F-1, Lime's layoffs, Procore's IPO delay and fresh valuation, stocks, Luckin, and, if we have time, Twitter's changing jobs data. Let's get this all out of our heads and into the world.”

Read more

Join our Extra Crunch Live Q&A with Homebrew's Hunter Walk: May 7th at 1 pm ET/10 am PT

Sponsored by TechCrunch

One of Silicon Valley's top seed-stage investors will discuss changing valuations, deal pace and much more. Bring your questions!

Read more

Dear‌ ‌Sophie:‌ Will a PPP loan‌ affect my visa renewal or green card?

Dear‌ ‌Sophie:‌ Will a PPP loan‌ affect my visa renewal or green card? image

Image Credits: Bryce Durbin/TechCrunch /

Dear‌ ‌Sophie:‌ ‌ ‌

I'm a tech founder on an ‌E-2‌ ‌investor‌ ‌visa.‌ ‌Will‌ ‌receiving‌ ‌PPP‌ ‌funding‌ ‌count‌ ‌against‌ ‌me‌ when I renew my E-2 or file my I-485 for my green card given‌ ‌the‌ ‌"Public‌ ‌Charge"‌ restrictions?

— E-2 Employer ‌in‌ Emeryville ‌

Read more

In conversation with Sasha Astafyeva, Atomico's new consumer-focused investment partner

In conversation with Sasha Astafyeva, Atomico's new consumer-focused investment partner image

Image Credits: Sasha Astafyeva

Steve O’Hear interviewed Sasha Astafyeva, a new investment partner at European VC firm Atomico, about how COVID-19 is impacting consumer tech and which sectors are most resilient.

“At the moment I would say that all of us are developing new habits and the longer we practice them, the more likely they are to become a new normal,” says Astafyeva.

Read more

Latin American startup deals see major drop in COVID-19 era

Latin American startup deals see major drop in COVID-19 era image

Image Credits: 35007 / Getty Images

Overall deal volume in the U.S., UK and Western Europe declined between Q4 2019 and Q1 2020, but average deal size increased by 27%. In Latin America, however, deal count declined nearly 60%.

Given the stark difference in invested capital, founders will likely have a hard time securing future rounds, but the region’s startup scene is still emerging because “there is a growing pool of capital in Latin America focused on early-stage opportunities.”

Read more

As Uber reportedly contemplates layoffs, a look back at its post-IPO financial performance

As Uber reportedly contemplates layoffs, a look back at its post-IPO financial performance image

Image Credits: Himanshu Bhatt / NurPhoto / Getty Images

News broke this week that Uber CTO Thuan Pham was departing and the ride-hailing colossus was planning to reduce headcount, so Alex Wilhelm rewound the company’s post-IPO financial timeline to see what led to this turning point.

Read more

Extra Crunch Live: Join Roelof Botha for a live Q&A on May 6 at 2pm ET/11am PT

Extra Crunch Live: Join Roelof Botha for a live Q&A on May 6 at 2pm ET/11am PT image

Roelof Botha was a 28-year-old CFO when PayPal went public in 2002. After becoming a partner at Sequoia the following year, he’s held seats on the boards of 23andMe, Eventbrite, Tumblr and several other startups, but he also has an extensive list of investments we don’t have space to include here.

On Wednesday, May 6, Botha will join Extra Crunch Live for a livestream; we’ll take audience questions at the end, so come prepared.

Read more

Digging for dollar signs amid edtech's current momentum

Digging for dollar signs amid edtech's current momentum image

Image Credits: Maskot / Getty Images (Image has been modified)

Edtech was shoved into the spotlight when schools around the world closed campuses to stem the spread of COVID-19, and Q2 looks to be busier than ever for companies in the space.

Many edtech founders who aren’t seeking funding are getting emails “from investors looking to chat,” writes Natasha Mascarenhas, who unpacks “some of the dollar signs indicating that edtech may be entering a new era.”

Read more

How this startup built and exited to Twitter in 1,219 days

How this startup built and exited to Twitter in 1,219 days image

Mike Butcher spoke to Aiden co-founders Marie Outtie and Pierre-Jean "PJ" Camillieri to find out how they built and sold their AI-driven SaaS startup to Twitter in just over three years.

Read more

Freada Kapor Klein warns of 'vulture capitalists' during the pandemic

Freada Kapor Klein warns of 'vulture capitalists' during the pandemic image

In an Extra Crunch Live discussion with Megan Rose Dickey, Kapor Capital founding partners Freada Kapor Klein and Mitch Kapor spoke about the current economic downturn, the importance of treating employees fairly and how some investors have become rank opportunists.

"We have seen a lot of VCs acting incredibly badly in the last couple of weeks — taking advantage of startups that are in a precarious position," Kapor Klein said.

Read more

5 tips for starting a business with a stranger

5 tips for starting a business with a stranger image

Image Credits: Boris SV / Getty Images

Jobber co-founder and CEO Sam Pillar has identified five principles that help entrepreneurs build trust and improve communication.

“Jobber is proof that starting a company with a stranger isn't just doable, it can even be an advantage,” he writes.

Read more

Mark Cuban: 'Raising money isn't an accomplishment, it's an obligation'

Mark Cuban: 'Raising money isn't an accomplishment, it's an obligation' image

As predicted, yesterday’s Extra Crunch Live with Mark Cuban was a frank conversation about how the pandemic is reshaping the tech world. The star of “Shark Tank” offered advice on conserving runway, how he’s advising his portfolio companies and whether he’s considering a presidential run.

First and foremost: "If you think the accomplishment is raising money first, we're probably not gonna get along.”

Read more

Read more stories on TechCrunch.com

Divider
Facebook Twitter Youtube Instagram Flipboard

View this email online in your browser

Privacy Policy | Terms of Service | Unsubscribe

© 2020 Verizon Media. All rights reserved. 110 5th St, San Francisco, CA 94103