The lead-up to the 2024 U.S. presidential election prompts more questions than answers. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest...
President Biden isn’t worried only about his future Republican opponent. Democrats are also sweating possible third-party presidential candidates who would disproportionately draw votes from the Dems if they entered the race.
Their biggest concern at the moment is Sen. Joe Manchin (D-WV), amid speculation he may run on a third-party “unity ticket” in 2024, pushed by the centrist No Labels group. (Manchin hasn’t committed to anything, yet.) A Manchin bid for president would be a double blow to Democrats since his Senate seat in deep-red West Virginia would almost certainly flip to the GOP.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Another possible threat to Democrats’ White House chances: Cornel West, the popular academic running for president under the Green Party banner. West is a minor candidate, but he could still cost Democrats votes in critical states.
With current control of the White House and Senate, Democrats are celebrating the recent confirmation of one of the president's nominees. The Equal Employment Opportunity Commission (EEOC) will have a Democratic majority for the first time in years, now that the Senate has confirmed Kalpana Kotagal, Biden’s nominee to fill the panel’s last remaining vacancy.
Kotagal’s confirmation spells greater progressive influence on EEOC policymaking as the commission tackles issues such as artificial intelligence bias and enforcement of a recent law addressing pregnancy discrimination in the workplace. Many business groups strongly opposed Kotagal’s nomination, hence the narrow Senate vote to confirm her.
This forecast first appeared in The Kiplinger Letter, which has been running since 1923 and is a collection of concise weekly forecasts on business and economic trends, as well as what to expect from Washington, to help you understand what’s coming up to make the most of your investments and your money. Subscribe to The Kiplinger Letter.
Related Content
-
Trump's Immigration Policies and the Price of Home Healthcare: First 100 DaysPresident Trump's immigration policies may wallop your pocketbook if you rely on a home healthcare aide.
-
Stock Market Today: Stocks Extend a Quiet Winning StreakThe S&P 500 Index could actually close April with a monthly gain, which would be an extraordinary sign of market resilience.
-
The Economic Impact of the US-China Trade WarThe Letter The US-China trade war will impact US consumers and business. The decoupling process could be messy.
-
Trump Dials Back Most Tariffs but Targets ChinaThe Kiplinger Letter Wall Street hopes that higher tariffs on most countries are on hold for good. But the trade war between the U.S. and China is heating up.
-
Trump's Sweeping New Tariffs Rattle Wall Street, Main StreetThe Kiplinger Letter Trump is promising that the short-term pain of steep new tariffs on imports will spark a manufacturing renaissance. But they pose major risks in the near term.
-
Congressional Republicans Tackle Trump's AgendaThe Kiplinger Letter Despite slim majorities in both chambers, the GOP is gearing up to overhaul taxes, border security and more.
-
What DOGE is Doing NowThe Kiplinger Letter As Musk's DOGE pursues its ambitious agenda, uncertainty and legal challenges are mounting — causing frustration for Trump.
-
A Move Away From Free TradeThe Letter President Trump says long-term gain will be worth short-term pain, but the pain could be significant this year.
-
Trump’s Whirlwind Month of Crypto MovesThe Kiplinger Letter The Trump administration wants to strengthen U.S. leadership in the cryptocurrency industry by providing regulatory clarity.
-
Trump's Foreign Policy OverhaulThe Kiplinger Letter Trump’s return as president sees the commander in chief aiming to complete the shift to an “America first” policy that started in his first term.
