Kamala Harris makes first presidential bid | Real Time Headlines

European officials are feeling renewed excitement as U.S. Vice President Kamala Harris emerges as the front-runner for the Democratic nomination ahead of the most important election this fall.

A senior EU diplomat, who spoke on condition of anonymity due to the political sensitivity of the topic, told CNBC on Monday that the U.S. election “has become more interesting.”

“(President Joe) Biden is a great man with an impressive life behind him, but he is not the future,” an EU official added on condition of anonymity. They also raised concerns about the 78-year-old former president Donald Trump. Trump was dismissive.

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— Silvia Amaro

David Roach, president and global strategist at Quantum Strategies, said Vice President Kamala Harris could win the Democratic nomination but still lose to Republican rival Trump.

“I think she’s definitely going to be the (Democratic) nominee because if she’s not the Democratic presidential nominee, there’s going to be a level of chaos, including impact funding, that means the Democratic Party is going to be wiped out,” he told ” European Road Signs,” noting that this influence would also affect the Democratic Party’s standing in Congress and the House of Representatives.

But while Harris is expected to receive the formal endorsement of the Democratic Party and expects “the race to be tighter than people think” during the fall election, Roach stressed, “I don’t think she can beat Trump.”

“I suspect that Donald Trump will be the next president of the United States. As we get closer to the election, markets will start to think about the costs of doing that. The costs in terms of security policy, such as NATO and Europe, the costs in the case of Taiwan, the costs of tariffs on the United States The economy is extremely unfavorable.

He noted that some people might even be “actually happy to some extent about the possibility of a Trump victory because they might see it as a way to get more money.”

— Ruksandra Jordash

Vice President Kamala Harris, who emerged as the favorite to win the Democratic nomination just two days after launching her campaign, may have to speed up her selection of a running mate, said Syga Thomas, chief executive of Ensah Advisory Partners. speed.

“This choice has to be made fairly quickly,” he told CNBC’s Dan Murphy on Tuesday, noting that the decision would have to be made before the Democratic National Committee’s convention in Chicago from August 19 to 22.

Several names have been floated as potential running mates, including Arizona Sen. Mark Kelly, Pennsylvania Gov. Josh Shapiro and North Carolina Gov. Roy Cooper.

Thomas agreed: “Pennsylvania Governor Josh Shapiro is a key player in some swing state that could prove to be very important,” but said the possibility of an unexpected choice should not be underestimated.

“I think it’s important to step back and say she might come out and do something completely different,” Thomas said. “So, there’s nothing that’s being touted right now. So, she could come out and do an all-female ticket, which is certainly It’s certainly an interesting way to get closer to the ticket with (Michigan Gov.) Gretchen Whitmer.

— Ruksandra Jordash

First Lady Jill Biden will lead the presidential delegation at the 2024 Paris Olympics opening ceremony scheduled for July 26, According to the White House statement.

It will mark the first public appearance of Jill Biden, who has supported her husband, President Joe Biden, since he decided to abandon his re-election bid.

A second delegation led by Douglas Emhoff, husband of Vice President Kamala Harris, will lead the delegation at the Olympics closing ceremony on Aug. 11.

Two additional presidential delegations attending the opening and closing ceremonies of the Paralympic Games will be announced later.

— Ruksandra Jordash

Aaron Anderson, a member of Fisher Investments’ investment policy committee, said Vice President Kamala Harris’ new presidential campaign will lead to a more intense race against Republican nominee former President Trump.

“I think the knee-jerk reaction or explanation for what we’re seeing in the U.S. to the crazy political scene is that the races are just getting closer and maybe the potential for one party to make a big sweep in one direction or another may have happened.” Weeks Two, he told CNBC’s Dan Murphy, “That has translated into large-cap growth stocks doing well so far this year.

“It’s definitely becoming more and more likely that (Harris) will be the (Democratic) nominee, but it’s not certain at this point,” Anderson added. “But I would say it’s just a pretty big deal compared to previous tickets. Small changes.”

He emphasized that both Harris and Trump are well-known figures to investors because each politician served in senior White House leadership positions for four years.

“You have two politicians here who are well-known in the market, and I think it would be difficult to get a surprise out of the election if this happened,” Anderson noted.

— Ruksandra Jordash

S&P 500 Index Futures fell 0.14% at 08:52 a.m. in pre-market trading on Tuesday, London time, as investors turned their attention to expected profit reports, including from giants such as General Motors, Coca-Cola, Alphabet and Tesla.

Traders have been watching the U.S. political backdrop after President Joe Biden dropped his re-election bid and endorsed Vice President Kamala Harris – whose swiftly launched campaign rallied key Democratic promises and grassroots donations. this S&P 500 Index On Monday, technology stocks rebounded to post their best day since June 5.

— Ruksandra Jordash

Israeli Prime Minister Benjamin Netanyahu visits the White House this week to meet with U.S. President Joe Biden, facing pressure to end the war that has wreaked havoc in the Gaza Strip since October.

Israel, which insists it does not target civilians and only goes after the Palestinian militant group Hamas, has faced international criticism over the proportionality of its military response in the Gaza enclave and the harm it has caused to the Palestinian people.

The United States has staunchly supported Israel throughout the conflict but has increasingly pushed Netanyahu’s government to minimize civilian casualties. Both sides are also seeking the release of dozens of hostages held by Hamas in the Gaza Strip, including U.S. nationals. The visit could pave the way for an elusive ceasefire deal with Hamas, which the United States, Qatar and Egypt have been brokering.

Netanyahu will meet with Biden on Tuesday, and he has high praise for Biden’s career after the president decided to abandon his re-election bid. Harris’ aides said she would not be able to lead Netanyahu’s speech to a joint session of Congress on Wednesday because of her trip to Indianapolis. According to Reuters.

— Ruksandra Jordash

Former US President Trump criticized Vice President Kamala Harris for her record on immigration. Labeled her “border czar” again Updates on his Truth social media platforms.

Trump claimed Harris had “never visited the border,” a possible reference to the U.S.-Mexico border, where illegal crossings are at a record high In the past year.

Republican rivals are likely to lash out at Harris with further criticism of immigration — A major concern for American voters ——Trump claimed that the vice president’s performance “has given us the worst, most dangerous border in the world.”

Back to 2021Harris is tasked with leading the diplomatic corps to address “the root causes of migration from Central America,” but not overseeing or enforcing immigration policy or the border itself.

— Ruksandra Jordash

U.S. Vice President Kamala Harris has secured a slew of key Democratic endorsements on the first day of her swift campaign launch. said in a statement She looks forward to accepting the party’s formal nomination.

“When I announced my candidacy for president, I said I was going to go out and get this nomination. Tonight, I’m proud to receive the broad support needed to be our party’s nominee, and as a daughter of California, I’m proud to represent my state.” The team helped propel our campaign to the top and I look forward to formally accepting the nomination soon,” she said.

Harris also opposed competition from former U.S. President Donald Trump, who was re-elected for the Republican nomination.

“This election will present a clear choice between two different visions. Donald Trump wants to return our country to a time before many of us had full freedoms and equal rights. I believe the future will strengthen our Democracy, protecting reproductive freedoms and ensuring that everyone has a chance to not only get through this, but to move on,” she said.

— Ruksandra Jordash

According to NBC News estimates, Harris has the written or verbal support of a simple majority of Democratic pledged convention delegates.

The representative number threshold is 1,976. NBC estimated Harris had received statements of support from groups representing 1,992 delegates as of 10:30 p.m. ET

Specific dates and procedures for the roll call vote for the Democratic nomination will be finalized at a Rules Committee meeting Wednesday afternoon.

— Christina Wilkie

Read the latest updates from CNBC’s blog covering Kamala Harris’ July 22 campaign event here.