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Jo Freeman: There’s Plenty To Do at the RNC – If You Have the Right Credentials
by Jo Freeman
Every national nominating convention has plenty of auxiliary events, some authorized, some not. Getting space can be a challenge; getting the word out even more so. But they do it nonetheless. Press were given a RNC 2024 Master Event Calendar, which was updated a few days later. Events began on Sunday and ended on Thursday. The actual convention sessions were just one item on the list. The calendar said if an event was Open or Closed to press, and also whom to contact to register. I’m going to describe some of the events, including a couple I went to, and a couple I was turned away from.
Since my focus is on women, I obviously wanted to go to those events – if I could.
The National Federation of Republican Women is the largest grassroots Republican women's organization in the country with hundreds of clubs. Founded in 1938, its members made the phone calls and knocked on the doors that elected Republican candidates for decades. It’s Tuesday luncheon featured Arkansas Governor Sarah Sanders. The Master Calendar said it was SOLD OUT and they wouldn’t let me in. I was able to get into their lounge at the Fiserv Forum Wednesday evening, where I was repeatedly asked if I was a member, and if not, would I join. “I’m press,” I said. “I can’t join anything partisan.” I then said: “What brings you here?” On hearing that, finding anyone willing to chat with me was like pulling teeth.
Moms for Liberty met in a concert hall that afternoon. I had pre-registered, and I got in. From high in a balcony seat I listened to several people talk about the evils of transgenderism. It’s webpage says WE BELIEVE Power Belongs to the People. Sound Familiar? With a focus is on parental rights, it wants to “STOP WOKE indoctrination.”
Tuesday I went to “The New Mavericks” reception co-hosted by the Black Republican Mayors Association and the Georgia Republican Party. They honored Sen. Tim Scott, four Congressmen and two Georgia delegates – all male. There was only one mayor on stage, from Aurora, IL. The chair of the Georgia Republican Party was the one white man on the stage. At that event, women served; they didn’t speak. The RNC reported that 55 delegates to the 2024 convention are Black, up from 18 in 2016.
I missed the Independent Women’s Forum toast to “Women Who Make Our Country Great” because I went to Convention Fest: The Official Delegate Experience, which was held in the streets outside the Fiserve Forum and Baird Hall as well as some space inside Baird. To get to that one you not only needed a credential of some sort, but a USSS pass (which I have).
Concerned Women for America parked its pink bus across from the Baird Center the week before the RNC. No one was home. When Convention Fest opened on Tuesday afternoon, they set up a pink tent, from which its leaders preached to whomever passed by. It calls itself “the nation’s largest public policy women’s organization” but its focus is evangelical Christian. The slogan on the side of its pink bus captures this emphasis: “She Prays, She Votes.” A prayer precedes each sermon.
IRS Reminds Those Aged 73 and Older to Make Required Withdrawals From IRAs and Retirement Plans by Dec. 31
Required minimum distributions, or RMDs, are amounts that many retirement plan and IRA account owners must withdraw each year. RMDs are taxable income and may be subject to penalties if not timely taken. For individuals born before 1951, RMDs from IRAs and retirement plans should, for the most part, already have begun and are required for 2023. New for 2023: The Secure 2.0 Act raised the age that account owners must begin taking RMDs. For 2023, the age at which account owners must start taking required minimum distributions goes up from age 72 to age 73, so individuals born in 1951 must receive their first required minimum distribution by April 1, 2025. more »
Consumer Financial Protection Bureau Issues Report Showing Many Americans Are Surprised by Overdraft Fees
"Many consumers do not expect overdraft fees: Among consumers in households charged an overdraft fee in the past year, 43% were surprised by their most recent account overdraft, 35% thought it was possible, and only 22% expected it. Consumers who overdraft infrequently are more likely to be surprised by a fee: 15% of consumers from households charged 1 to 3 overdraft fees expected their most recent transaction to overdraft; among households charged more than 10 overdraft fees, 56% expected their most recent overdraft. Most households incurring overdraft fees had available credit on a credit card: Among households charged 1-3 overdraft fees in the past year, 68% had credit available on a credit card, while 62% of households charged 3-10 overdraft fees had credit available on a credit card. In households charged more than 10 fees in the past year, 51% still had credit available on a credit card." more »
November 1, 2023 Chair Jerome Powell’s Press Conference on Employment and Inflation
CHAIR POWELL."Inflation has moderated since the middle of last year, and readings over the summer were quite favorable. But a few months of good data are only the beginning of what it will take to build confidence that inflation is moving down sustainably toward our goal. The process of getting inflation sustainably down to 2 percent has a long way to go. Despite elevated inflation, longer-term inflation expectations appear to remain well anchored, as reflected in a broad range of surveys of households, businesses, and forecasters, as well as measures from financial markets. The Fed’s monetary policy actions are guided by our mandate to promote maximum employment and stable prices for the American people. My colleagues and I are acutely aware that high inflation imposes significant hardship as it erodes purchasing power, especially for those least able to meet the higher costs of essentials like food, housing, and transportation." more »
Board of Governors of the Federal Reserve System: Something’s Got to Give by Governor Christopher J. Waller
Christopher J. Waller: "The data in the past few months has been overwhelmingly positive for both of the FOMC's goals of maximum employment and stable prices. Economic activity and the labor market have been strong, with what looks like growth well above trend and unemployment near a 50-year low. Meanwhile, there has been continued, gradual progress in lowering inflation, and moderation in wage growth. This is great news, and while I tend to be an optimist, things are looking a little too good to be true, so it makes me think that something's gotta give. Either growth moderates, fostering conditions that support continued progress toward our 2 percent inflation objective, or growth doesn't, possibly undermining that progress. But which is going to give — the real side of the economy or the nominal side?" more »
