The Harris Nomination.

The Beijing Declaration.

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1. Vice President Kamala Harris yesterday moved swiftly to assert herself as the de facto Democratic nominee for president, her first full day as a candidate, as virtually every potential remaining rival bowed out and she clinched the support of enough delegates to win the nomination. The Associated Press reported Ms. Harris had secured the backing of more than the 1,976 delegates needed to capture the nomination in the first round of voting. The pledged support is not binding until the delegates cast their votes, which party officials said would take place between Aug. 1 and Aug. 7. (Sources: nytimes.com, apnews.com)

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2. Vice President Kamala Harris' campaign raised $81 million in the first 24 hours of her candidacy — a new presidential donation record — following President Biden's departure from the race. Over 888,000 grassroots donors contributed in those 24 hours, her campaign said. 60% of those donors made their first contribution of the 2024 cycle. 43,000 people committed as new recurring donors — over half of whom will be making weekly donations. (Source: axios.com)

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3. An AP-NORC poll, conducted July 11-15, before President Biden dropped out of the race, showed 57% of Americans want Donald Trump to drop out of the race: 51% of Independents, 86% of Democrats, and 26% of Republicans. (Sources: politicalwire.com, apnorc.org, italics mine)

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4. Chinese leader Xi Jinping and other top Communist Party officials used 22,000 characters in laying out a blueprint for reviving the country’s flagging economy in the coming years and signaling an intention to rev up growth in the coming months. On some of the thorniest issues, however, the document had little new to say—fueling concern among some economists about the country’s longer-term prospects. The world’s second-largest economy, which saw growth slip markedly in the second quarter, is straining under the weight of $7 trillion to $11 trillion in hidden local government debt. It is also struggling to contend with a prolonged property crisis. Anticipation was high among economists that Beijing would unveil plans for tackling those problems after party leaders gave a rare nod to both in a communiqué issued Thursday at the conclusion of the Third Plenum, a major policy meeting in Beijing intended to set economic and other policy priorities for the next half decade. But those details were missing from the full blueprint, published by state media on Sunday. (Source: wsj.com)

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