Hunter Biden Conviction Aftermath, Garland Contempt Vote, Inflation Report

12 Jun 2024 · 13 min

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Up First Podcast Episode Summary

Podcast Title Up First from NPR

Episode Title Hunter Biden Conviction Aftermath, Garland Contempt Vote, Inflation Report

Episode Description

This episode discusses three significant topics

  • President Biden's stance regarding Hunter Biden's felony conviction.
  • Republican efforts to hold Attorney General Merrick Garland in contempt of Congress.
  • The latest inflation report and its implications for interest rates.

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Key Topics Covered

  1. Hunter Biden's Conviction
  2. Context: Hunter Biden was convicted on three felony charges related to gun possession while struggling with addiction.
  3. Presidential Response: President Biden expressed support for his son and acknowledged the struggles with addiction that many families face.
  4. Trial Insights:
  5. The trial focused on Hunter’s addiction and the choices he made.
  6. Family members attended the trial, visibly emotional during the proceedings.

Republican Reactions:

  • Some Republicans argue that the case against Hunter Biden shows bias in the Justice Department, while others claim that the prosecution was a response to political pressure.
  • Notable responses include:
  • Thomas Massey (R-KY): Suggested the conviction was not justified.
  • Speaker Mike Johnson: Asserted that Hunter was only prosecuted due to Republican pressure.

Future Legal Actions:

  • Hunter Biden's attorney indicated they would continue to pursue legal challenges following the conviction.
  • A separate trial concerning tax charges is scheduled for September.

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  1. Contempt Vote against Attorney General Merrick Garland
  2. House Republicans' Action: A resolution is set to hold Garland in contempt for not providing audio recordings of President Biden's deposition regarding classified documents.

Reasons for the Contempt Vote:

  • Republicans suggest the tapes may reveal damaging information about President Biden.
  • Garland argues releasing these tapes would harm future sensitive investigations and maintains that he has provided sufficient documentation in response to congressional requests.

Political Implications:

  • The contempt vote reflects broader tensions over the perceived politicization of the Justice Department.
  • Garland has publicly defended his position, stating that attacking the integrity of his department is detrimental.

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  1. Inflation Report and Economic Outlook
  2. Current Situation: The Federal Reserve is expected to keep interest rates high, affecting consumer financing costs.
  3. Inflation Trends:
  4. Recent inflation rates have plateaued around 3.4% after significant decreases last year.
  5. Factors influencing inflation include fluctuating gas prices and rising insurance costs.

Federal Reserve Actions:

  • Fed policymakers are considering potential interest rate cuts, contingent on inflation trends.
  • A mixed outlook suggests possible cuts later in the year but emphasizes that high rates may persist if inflation remains elevated.

Voter Sentiment:

  • Research indicates inflation has a more significant negative impact on voter attitudes than unemployment.
  • Despite low unemployment and rising wages, the ongoing cost of living increases remain a concern.

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Conclusion This episode of *Up First* highlights critical developments in U.S. politics, focusing on Hunter Biden's legal troubles, the political dynamics surrounding Attorney General Garland, and the ongoing challenges posed by inflation to American consumers. The discussions reflect the intersection of personal, political, and economic narratives that shape today's news landscape.

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Additional Notes

  • Next Steps: The upcoming Federal Reserve meeting and potential further actions regarding inflation will be closely monitored.
  • Future Coverage: For more in-depth analysis and updates, listeners are encouraged to subscribe to the Up First newsletter.

Podcast Credits:

  • Edited by: Krishnadev Calamur, Rafael Nam, Mohamad ElBardicy, Alice Woelfle
  • Produced by: Ziad Buchh, Ben Abrams, Lindsay Totty
  • Technical Support: Zac Coleman, Carleigh Strange

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Transcript

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0:01President Biden says he'll accept the outcome after a jury convicted his son Hunter on three felonies. How are Republicans reacting to the verdict after calling the Justice Department biased? I'm Steve Inskeep with Rob Schmitz, and this is Up First from NPR News. House Republicans are demanding that the head of the Justice Department turn over audio recording of the president's deposition for mishandling classified documents. If the attorney general chooses to divide Congress and not produce the audio recordings, he must face the consequences of his actions. What would those consequences be? And are you waiting for interest rates to drop before buying a house or car?

0:42You may have to wait a little longer. It's just going to be a slow grind in terms of how much inflation pools. Stay with us. We'll give you the news you need to start your day.

0:59This message comes from NPR sponsor Walmart. Did you know that Walmart is one of Fortune's 100 best companies to work for in 2025? It's no surprise. Walmart is investing$1 billion in training and development to help associates build lasting careers with or without a degree. In fact, 75 % of Walmart management started in hourly roles. With benefits like health care, paid parental leave, and tuition support, Walmart isn't just a place to work. It's a place to grow. Learn more at walmart.com slash spark. President Biden made a quick, unexpected trip to Delaware yesterday to support his son. Yeah, the president traveled to an Air National Guard base in Delaware, and on the tarmac, he hugged Hunter Biden, who a federal jury had just convicted on felony gun charges.

1:50Hunter denied his drug addiction when filling out a form to buy a firearm. The trial revealed many details of his addiction and persuaded a jury. NPR justice correspondent Ryan Lucas attended every single day of this trial. Ryan, good morning. Good morning. You've reported elsewhere on the evidence against Biden and the verdict. Now we have the president's reaction. He says he's a dad too. What is the toll this has had on the Biden family? So look, this case against Hunter Biden was brought by special counsel David Weiss. And Weiss spoke a bit after the verdict yesterday. Here's a bit of what he said.

2:23Ultimately, this case was not just about addiction. a disease that haunts families across the United States, including Hunter Biden's family. This case was about the illegal choices defendant made while in the throes of addiction. Still, Hunter's addiction struggles were really the central feature of the trial, and members of the Biden family were in the front row of the courtroom every day of the trial. Hunter's wife was there. First Lady Jill Biden and other family members showed up for several days as well. And at times they were in tears listening to the ugly sordid testimony about Hunter's addiction to crack cocaine.

3:01Now, the government introduced the evidence to make their case to the jury. And ultimately, the jury found that evidence convincing and convicted Hunter on all charges. The president in his statement yesterday noted that a lot of families in this country have loved ones who have battled addiction. And interestingly enough, the degree to which addiction hits American families was apparent during jury selection for Hunter's trial. when some of the members of the jury said that they had either friends or family who had struggled with addiction. You know, Republicans had been demanding investigations of the Bidens for years.

3:31How have they responded? Well, it's interesting. The response from congressional Republicans has varied. Representative Thomas Massey from Kentucky, for example, he said on X that Hunter might deserve to be in jail for something, but purchasing a gun is not it. Speaker Mike Johnson said on X that Hunter was only prosecuted because House Republicans had sounded the alarm. and he called on the Justice Department to investigate the Biden family. Now, some of that sentiment is rooted, of course, in anger over the criminal cases against former President Trump, including his recent conviction on state charges in New York.

4:04Trump's legal troubles have fed into Republican claims that the Justice Department targets Republicans, but it goes easy on Democrats. But here with this case against Hunter, you have the son of the sitting Democratic president charged and now convicted of federal gun crimes. There's also the ongoing federal trial in New York against Democratic Senator Bob Menendez on corruption charges. And another congressional Democrat, Henry Cuellar of Texas, he was indicted last month on corruption charges as well. I want to know one thing you said there. Some Democrats have insisted that Hunter Biden would not have been prosecuted for the statement on a form except for the political pressure by Republicans.

4:39You just said Speaker Mike Johnson agrees with this. He was prosecuted because Republicans demanded it. Does Hunter Biden appeal this conviction? We don't have a definitive answer to that right now. He certainly challenged many aspects of the indictment and pretrial motions, including on Second Amendment grounds. Yesterday, his attorney, Abby Lowell, said they respect the jury's decision, but they'll continue to vigorously pursue all the legal challenges that are available to Hunter. Now, as for what's next, the judge in Delaware did not set a sentencing date yesterday for the gun conviction. She said she'd do so later.

5:11But there's another trial already on the horizon for Hunter Biden. Remember, Special Counsel Weiss also charged Hunter Biden with tax crimes. That is a separate case. It's in California. He faces nine counts there related to his failure to pay taxes on millions of dollars in income. And that case is currently scheduled to go to trial in September. That's NPR's Justice Correspondent, Ryan Lucas. Thanks, Ryan. Thank you.

5:42The House is set to vote today on a resolution to hold Attorney General Merrick Garland in contempt of Congress. Republican lawmakers demanded that the Justice Department turn over audio tapes of an interview that prosecutors conducted with President Biden. Garland said the administration doesn't have to do that, that it would violate the separation of powers between the president and Congress. NPR Justice correspondent Kerry Johnson has been following this dispute, and she's on the line now to talk more about it. Hey, Kerry. Good morning, Rob. Kerry, why do Republicans want these tapes so much?

6:11Republicans say they want these tapes because they're considering the possible impeachment of President Biden and because they're considering an update to laws that cover how sensitive and classified information is handled. But really, there could be another explanation, too, that the tapes would make Biden look and sound bad. Remember, prosecutors decided to close this investigation of how classified information came to be found at the home of President Biden with no charges, in part because they said jurors could conclude Biden was a well-meaning elderly man with a poor memory. Here's House Oversight Committee Chairman James Comer.

6:47If the attorney general chooses to defy Congress and not produce the audio recordings, he must face the consequences of his actions. The attorney general has not turned over those tapes, so what are the consequences going to be? No one wants to be found in contempt of Congress, especially not Merrick Garland, who spent a couple of decades as a federal judge. before his current job. But that reprimand doesn't have quite the sting it used to. I've now covered two other attorneys general who were held in contempt, Eric Holder and Bill Barr. And it's important to note Garland has some legal protection here.

7:22Last month, President Biden asserted executive privilege over these tapes, so Garland won't be prosecuted for refusing to hand them over. Not that the U.S. attorney in D.C. would even want to pursue a prosecution against Garland, who happens to be his boss. So Carrie, what is the Justice Department saying about this controversy? You know, the attorney general tends to be a guy who does his talking on paper or in courtrooms. But over the past few weeks, Merrick Garland has really pushed back. Here's what he had to say recently about this tapes dispute. We have gone to extraordinary lengths to ensure that the committees get responses to their legitimate requests.

8:02But this is not one. To the contrary, this is one that would harm our ability in the future to successfully pursue sensitive investigations. Garland says DOJ has already turned over written transcripts of the same interviews the Republicans want with the special prosecutor, and that handing over audio could really make it harder for future prosecutors to interview people in the White House. He's also blasting attacks on the Justice Department, saying people are making false claims about DOJ being political when it's really the critics who are trying to put prosecutors in the middle of politics here.

8:37The attorney general took the unusual step of writing an opinion piece in The Washington Post this week. There he said disagreements about politics are totally normal, but lying and conspiracy theories are really not. So, Carrie, will we, the public, get to hear these audio tapes before the election? The odds are low the Biden administration does not want to give them up. Media groups and conservative groups like the Heritage Foundation have sued to get access to the tapes, but the case is taking a long time to get through the court system. Right now, it seems unlikely the tapes would be released in time for them to show up in campaign ads or Republican fundraising pitches before the presidential election in November.

9:17That's NPR's Kerry Johnson. Thank you. My pleasure.

9:29Okay, it's time for a status check on inflation. Yeah, the Federal Reserve completes a meeting this afternoon, and the policymakers are expected to keep interest rates where they are, which is comparatively high. Just in time for that Fed meeting, we also find out what happened with consumer prices in May. NPR's Scott Horsley has been tracking the Fed's campaign to curb inflation. He joins us now. Hey, Scott. Good morning. So how is that campaign going? What's happening with prices? And lately, it has been slow going. Inflation did come down a lot last year after topping 9 % back in 2022. But in recent months, that progress has kind of plateaued.

10:07The annual inflation rate in April was 3.4%. Forecasters think it was in that same ballpark in May. We have gotten lucky with gas prices lately. They're down about 14 cents a gallon from this time last year. So it It is cheaper to gas up your car. But the cost to insure your car is still going up. And if you need a car alone, that's also expensive because of those high interest rates. Joe Brusuelas, who's chief economist at the big accounting firm RSM, thinks inflation will eventually moderate. But he says we're going to have to be patient. It's just going to be a slow grind in terms of how much inflation cools on a month-to-month basis back towards the long-term 2 % target.

10:45And that means the Federal Reserve is going to take it slow and keep interest rates higher for longer until policymakers are more confident that prices are under control. So when are we going to catch a break on high interest rates? Yeah, that's what anybody who's trying to buy a house or finance a business or just carrying a balance on their credit card wants to know. And the answer is it's going to depend on what happens with inflation. If it does cool off during the summer, the Fed might be ready to start cutting interest rates in September. Investors think there's about a 50-50 chance of that.

11:15but if inflation remains elevated, it could take longer. A survey of Fed policymakers back in March found that on average, they thought they'd get three quarter point interest rate cuts this year. Now that looks like that might've been too optimistic. Maybe we'll only get two cuts, or maybe not at all by year's end. Fed policymakers will deliver some updated forecasts this afternoon of where they think interest rates are headed. And of course, that's going to be very closely watched. So as we all know, it's an election year. How is this affecting voters' attitudes about the economy? One thing we've learned is people really, really don't like inflation.

11:49Earlier this week, the Wall Street Journal reported on some research that found people think a 1 % jump in inflation is twice as bad as a 1 % jump in unemployment. Now, if you're out of work, you might disagree with that assessment. But everybody's affected by rising prices, whether they're working or not. Economist Persuadeless thinks we will enjoy a further slowdown in inflation over the summer and early fall. But keep in mind, falling inflation just means prices level off. It doesn't mean they go back to where they used to be. By the time we get to election day, people are going to feel a lot better about inflation.

12:23But they're still going to be angry about the price shock and elevated financing costs. Those things are simply not going to go away. Luckily, we do have very low unemployment. And thanks to that tight labor market, we're still getting pretty good wage gains. Wages have been rising faster than prices for over a year now. So people's paychecks are stretching further. The only thing is if wages keep going up and people keep spending that money, it makes it harder for the Fed to get inflation under control. That's NPR's Scott Horsley. Thanks, Scott. You're welcome.

12:56And that's up first for June 12th. I'm Rob Schmitz. And I'm Steve Inskeep. Find more in-depth coverage of the stories we talked about today and more on NPR's radio show Morning Edition, which you can find at a radio near you and find your local station at npr.org. Today's episode of Up First was edited by Christian F. Calamer, Raphael Nam, Mohamed Al-Bardisi, and Alice Woopley. It was produced by Ziad Butch, Ben Abrams, Christopher Thomas, and Julie Deppenbrock. We get engineering support from Nisha Hainas. Our technical director is Carly Strange. Join us again tomorrow.

13:38Oh

From the publisher
President Biden says he will respect the judicial process after his son Hunter was convicted on three felony charges. Meanwhile, Republicans are going after the head of the justice department, the House will vote today on a resolution to hold Attorney General Merrick Garland in contempt of Congress for failing to turn over recording of President Biden's interview with prosecutors on the mishandling of classified documents. And, inflation numbers are out today and it looks like people will have to wait a little longer for interest rates to cool.

Want more comprehensive analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.

Today's episode of Up First was edited by Krishnadev Calamur, Rafael Nam, Mohamad ElBardicy and Alice Woelfle.
It was produced by Ziad Buchh, Ben Abrams and Lindsay Totty.
Our technical director is Zac Coleman, with engineering support from Carleigh Strange.


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