Progressive Breakfast: What Will Bernie Do?

MORNING MESSAGE

Robert Borosage: What Will Bernie Do?
Sanders has been clear all along: He’s building a movement for radical change. Clinton won the nomination. She gets to choose whether to embrace that movement or ignore it, whether to adopt that platform or avoid it, whether to change the party or maintain the old order. We know what Bernie will do. The question is what Clinton will do.

SANDERS, CLINTON MEET

No formal agreement after meeting. Bloomberg: “He left without making any remarks and headed back to Vermont. The two campaigns released similar statements saying they talked about their common goals … Sanders hasn’t yet worked out the details of what he’ll be doing before the convention … He announced in an e-mail to supporters Tuesday that he will detail his plans on Thursday at 8:30 p.m. New York time in a live online video.”
Sanders winning the platform, reports TNR’s David Dayen from the platform drafting committee: “Clinton’s allies, if they’re intent on seeking the typical broad coalition heading into the general election, could simply outvote the Sanders faction and brush aside their viewpoints. But on several issues, that would put Clinton at odds not just with Sanders supporters, but with the mainstream of the party
Progressives need a more modern agenda than Sanders’, argues Mark Schmitt in NYT oped: “…while progressive organizations such as the Roosevelt Institute have developed fairly complex visions for strengthening regulation of Wall Street and banks and reducing the overall ‘financialization’ of the economy, Mr. Sanders continued to fixate on restoring the Glass-Steagall Act … Mr. Sanders made the $15 minimum wage a cornerstone … But his campaign barely focused on other issues related to work, such as the challenges posed by new employment models in the on-demand, or ‘gig,’ economy…”
“Rock Against the TPP” tour launches. W. Post: “Former Rage Against the Machine guitarist Tom Morello will headline a free concert July 23 at the Summit Music Hall in Denve … [Organizers] are promising more appearances in other cities.”
Union coalesce around Clinton. The Hill: “…in interviews with The Hill, 58 local chapter leaders representing 19 unions in Pennsylvania, Michigan, Ohio and Wisconsin said they believe their members are overwhelmingly backing Clinton … local union leaders said support for Sanders isn’t translating to support for Trump.”
“Reid, Schumer split on Warren for vice president” reports The Hill: “A senior Democratic source … said the minority leader has recommended Warren [to] rev up the party’s base … Schumer, however, is worried about putting Warren’s seat in Republican hands … Centrist Democratic senators, who tend to fall into Schumer’s camp, think Clinton’s path to victory lies in picking up centrist Republican voters who are turned off by Trump.”

TRUMP TAKES POLL HITS

Trump down 12 in Bloomberg poll: “… 55 percent of those polled saying they could never vote for the real-estate developer and TV personality … said pollster J. Ann Selzer … ‘Her supporters are more enthusiastic than Trump’s and more voters overall see her becoming a more appealing candidate than say that for Trump.'”
Record unfavorable for Trump in W. Post/ABC poll: “Trump’s unfavorable rating, in fact, far surpasses Hillary Clinton’s even as the presumptive Democratic nominee receives her worst ratings in more than two decades in public life. The poll finds 70 percent of Americans have an unfavorable view of Trump, including a 56 percent majority who feel this way ‘strongly.'”

ECONOMIC HEADWINDS LOOM

Clinton campaign worries about Brexit. Politico: “Clinton is counting on a strengthening US economy … But a vote in favor of the UK leaving the EU, especially if it’s followed by similar movements in Italy, France and other EU nations, could damage a US economy … by driving stock prices lower, pushing the dollar higher, sapping investor and consumer confidence and damaging critical US trading partners.”
Fed not expected to raise rates this week. NPR: “…the Labor Department’s latest monthly jobs report showed much weaker job gains than expected in May … there’s the looming Brexit vote … nobody knows for sure exactly what’s happening with productivity … most analysts expect the Fed to stay cautious…”

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