How Biden’s White House Functioned With a Diminished President

WSJ What’s News

The Wall Street Journal

Daily News, News

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🗓️ 19 December 2024

⏱️ 14 minutes

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Summary

P.M. Edition for Dec. 19. Aides and advisers stepped in to keep President Biden’s agenda on track despite the limitations of the oldest president in U.S. history. WSJ investigations reporter Rebecca Ballhaus tells us how this affected his presidency. And President-elect Donald Trump endorses a new deal that House Republicans have put together in an effort to avoid a government shutdown this weekend. Plus, sales of previously owned homes in the U.S. are on track to hit the lowest level this year since 1995, even as November saw sales numbers tick up. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Imagine this. A workforce so adaptable, it can pivot whenever your business pivots and a supply chain that can handle the pressure.
0:07.2	That's the revolutionary power of SAP Business AI. And that's just the beginning.
0:12.5	Revolutionary technology, real world's results.
0:18.3	President-elect Donald Trump endorses a new GOP plan to avert a government shutdown.
0:23.6	And how Joe Biden's inner circle kept the president's agenda on track, even with a diminished leader in charge.
0:29.6	Biden was more insulated than the typical president.
0:32.6	There were more layers around him.
0:34.6	A broader share of the administration and of Democrats across government felt like it was difficult to get a hold of him.
0:42.6	Plus, home sales rose in November, though the broader market is still subdued.
0:47.0	It's Thursday, December 19th.
0:49.1	I'm Alex Oslo for the Wall Street Journal.
0:50.9	This is the PM edition of What's News, the top headlines and business stories that move the world today.
1:03.9	Donald Trump endorsed a new plan pulled together by House Republican leaders
1:07.9	to try to avert a government shutdown this weekend.
1:10.5	A day after the
1:11.6	president-elect killed a bipartisan deal that had drawn widespread criticism from rank-and-file
1:16.4	GOP lawmakers.
1:18.2	Oklahoma Republican Representative Tom Cole said his party had reached a new agreement on how to
1:23.2	proceed and that there would be a House vote later today without giving any details.
1:28.4	Even if the measure passes the House, it would need to be approved by the Democrat-controlled Senate. Earlier,
1:33.3	angry Democrats signaled they are in no mood to play ball after Trump and his billionaire ally
1:37.6	Elon Musk yesterday torpedoed the deal House Speaker Mike Johnson and other congressional leaders
	...

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