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1 issue that could weaken President Joe Biden’s political standing: Impeachment. Residence Republicans are at present laying the groundwork, led by Residence Oversight Committee Chairman James Comer (KY). Comer is focusing on accusations that Biden received bribes from a foreign national in exchange for policy favors whilst vice president, acting on the tip of an unnamed whistle-blower.
Separately, Residence Judiciary Committee Chairman Jim Jordan (OH) is top a probe into alleged wrongdoing by Biden and his now-infamous son Hunter Biden.
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Retain in thoughts, these efforts are nonetheless in their early stages and may well in the end go nowhere based on the proof, as nicely as Residence Republicans’ access to it. Comer, for instance, is at present embroiled in a legal battle with the FBI more than access to documents that purportedly include proof of Biden’s wrongdoing.
Even if the Residence votes to bring impeachment charges against Biden, it will most likely go nowhere in the Senate, exactly where receiving at least two-thirds of lawmakers to help the conviction of a president is a challenging bar to clear.
This forecast 1st appeared in The Kiplinger Letter. Considering that 1923, the Letter has helped millions of small business executives and investors profit by supplying trusted forecasts on small business and the economy, as nicely as what to count on from Washington. Get a cost-free concern of The Kiplinger Letter or subscribe.