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August 2024

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Former President Trump’s shifting stance on some of his abortion policies to attract independents and some disillusioned Democrats could alienate those who helped get him elected in 2016 – his pro-life base. But his growing support from middle-of-the-road voters could make up for it.

‘No one owns the pro-life vote,’ leading pro-life organization Live Action founder Lila Rose told Fox News Digital in an interview Tuesday. ‘It has to be earned.’

Rose stirred controversy on X, formerly Twitter, Monday by reposting a clip from Sen. JD Vance’s recent ‘Meet the Press’ interview, where he pledged that a Trump-Vance administration would likely veto a federal abortion ban.

‘If you don’t stand for pro-life principles, you don’t get pro-life votes,’ Rose said in the post.

When asked about the post, Rose said that as of now, Trump doesn’t have her vote – and he could be at risk of alienating others in the pro-life movement. She said she hopes she will be able to vote for him come November.

‘We’re over two months out of this election, and Trump has changed his position in the past, as everyone knows, and I think that he’s changing it now to support abortion,’ Rose said. ‘Thankfully, the election is not today, and he has two months to change his tune.’

‘I hope that Trump changes course,’ Rose said. ‘I think it’s politically foolish and morally wrong what he’s doing. I think he’s not winning any pro-abortion people to his side. Kamala Harris spent an entire week at the DNC cheerleading for the abortion industry to shore up her base, and then President Trump comes out and throws his base under the bus and tries to cheerlead for Kamala’s base.’

This election cycle, Trump has countered Democratic attacks by stating he would leave abortion access to the states, as determined by the overturning of Roe v. Wade, and opposes a federal abortion ban. The Republican Party also abandoned its long-standing position of advocating for abortion limits in July. However, Trump has remained opposed to late-term abortions.

‘President Trump has long been consistent in supporting the rights of states to make decisions on abortion and has been very clear that he will NOT sign a federal ban when he is back in the White House,’ Trump-Vance campaign press secretary Karoline Leavitt told Fox News Digital in a statement. ‘President Trump also supports universal access to contraception and IVF. Contrarily, Kamala Harris and the Democrats are radically out of touch with the majority of Americans in their support for abortion up until birth and forcing taxpayers to fund it.’

But Rose says the opposition to not supporting a federal ban is precisely the problem, because ‘the whole point of the pro-life movement politically, is to restrict abortion to save human lives.’

‘Increasingly, his platform and his rhetoric is pro-abortion and that should disturb and concern the pro-life movement as it is,’ she said.

To earn her vote, she said, Trump would need to champion pro-life laws and oppose Amendment Four – the right to abortion initiative – in Florida.

On Friday, Trump also upset anti-abortion activists when he posted on his Truth Social platform, ‘My Administration will be great for women and their reproductive rights.’ He has also indicated he would not restrict access to abortion prescriptions. 

Meanwhile, Trump continues to make gains with independents and former Democrats. On Sunday, former presidential candidate Robert F. Kennedy Jr. endorsed Trump, and a day later, former Democratic Congresswoman Tulsi Gabbard also endorsed the former president. Both politicians are now signed on to Trump’s ‘transition team,’ according to the campaign. 

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The new Israeli ambassador to the United Nations has issued a stern warning to the international body amid escalating tensions with Hezbollah and concerns that Iran could be close to obtaining a nuclear weapon. 

Ambassador Danny Danon told Fox News Digital that Security Council Resolution 1701 ‘said very clearly that there would be no military force in southern Lebanon besides the Lebanese military, but look what happened since 2006.’

‘Hezbollah took over, they controlled the region, and they made this area a hub for terrorism with tens of thousands of rockets that, unfortunately, in the last few months, we felt the capabilities,’ he argued. ‘I think if the U.N. is not capable of implementing the resolution, we will have to implement the resolution and push Hezbollah away from our community in the north.’

Part of tackling the various groups in the Middle East – such as Hamas in Gaza, Hezbollah in Lebanon or the Houthis in Yemen – requires dealing with Iran. 

‘I think it’s about time that not only Israel will deal with Iran, but the Western democracies will realize that they have to put pressure on Iran, they have to be active in order to prevent Iran from achieving nuclear capabilities,’ he said. 

‘We thought on April 14 when they sent hundreds of projectiles into Israel and their intentions … imagine they had nuclear capabilities,’ Danon noted. ‘We will not wait for that day. We will not allow them to achieve nuclear capabilities.’

Danon replaced Gilad Erdan, who in May decided to end his tenure as the permanent representative to the U.N. Danon previously held the role from 2015 until 2020, after which he took the role of Minister of Science, Technology and Space. 

Erdan served in the U.N. during the Oct. 7 attack and roughly the first nine months of Israel’s incursion into the Gaza Strip as the Israeli Defense Forces hunted down Hamas. 

Erdan rose to international prominence for his fiery rhetoric, his bold speeches – including symbolically shredding the U.N. charter – and labeling the United Nations as a broken institution. Just last week, he declared that ‘the U.N. building in Jerusalem needs to be closed and erased from the face of the Earth.’

Danon, on the other hand, believes that the U.N. can be saved – but it requires the U.S. to step in and make demands to seek reform. 

‘Let’s look at the facts,’ Israeli Ambassador Danny Danon told Fox News Digital. ‘The facts are that the UN was not able to condemn  … October 7th. I cannot accept that.’ 

‘Not the Security Council, nor the General Assembly, not even a small show condemnation: Zero. Nothing. Silence. That’s unacceptable, and it showed that the double standards of the U.N. when it comes to Israel,’ Danon argued. 

‘I think we should reform the U.N., and I expect the U.S. to lead the action to change the U.N.,’ he added. ‘I think the U.N. is an important organization, and we have to reform it and make sure that the U.N. will focus on the real objects of promoting security and peace and not becoming a platform for hate and incitement by radical countries.’ 

‘I think that the major country – the strongest country, that allocates most of their budget should come with demands and look at the performance of the U.N., the resolution of the U.N. and ask for accountability and make sure that the focus will be on the right places,’ Danon argued. ‘It’s not happening today.’ 

The U.S. contributed more than $18 billion to the United Nations in 2022, accounting for one-third of funding for the body’s collective budget, according to the Council on Foreign Relations. 

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Many Americans were surprised to recently see a coalition of the country’s most radical politicians — Sen. Elizabeth Warren, D-Mass., Rep Maxine Waters, D-Calif., and Sen. Richard Blumentha l, D-Conn., to name a few — teaming up to introduce heavy-handed legislation against the peer-to-peer payment companies (like PayPal, Venmo, Zelle and CashApp) that have improved all our lives. Blumenthal even went so far as to dispatch a separate letter to the head of the Consumer Financial Protection Bureau (CFPB) demanding an investigation into Zelle.   

I wasn’t surprised to see any of these developments. When I served on the U.S. Congress’ Financial Services Committee, including its Subcommittee on Financial Institutions and Consumer Credit, I can’t tell you how many times I witnessed my Democratic colleagues attempt to directly or indirectly knife these upstart payment processors.  

Most Americans know that big-government politicians have long had a vendetta against Bitcoin and today’s other cryptocurrencies. They, of course, view them as competition to the hegemony of the U.S. dollar, which the radical left relies upon to fund its reckless spending priorities. These progressive politicians see regulating these private marketplace options and ultimately replacing them with a government-run cryptocurrency as the only sustainable path forward. 

However, fewer Americans are aware that these same big-government politicians have also had it out for PayPal, Venmo and the rest of the peer-to-peer payment processors for quite some time now — and for quite the same reasons. 

The Biden administration brass, especially CFPB Director Rohit Chopra, have fought aggressively to convince the American people to stop using PayPal, Zelle and the like as ‘substitutes for a traditional bank or credit union account,’ — which they laughingly contend present safety concerns. But their pleas haven’t fooled the American people, millions of whom continue using these new financial tools every day.  

Which brings us back to the legislation introduced in July. Left with no other options to get their way other than government coercion, the administration handed the ball off to its favorite relief pitchers in Congress — Warren, Waters and Blumenthal — to reshape the nation’s laws in their favor. 

The resulting new bill that this left-wing cabal released, the Protecting Consumers from Payment Scams Act, would put peer-to-peer payment processors on the hook for every single instance of scamming that occurs on their platform. Meaning that every time an American gets fooled by a bad actor into sending money for nonexistent goods and services, these companies would have to pick up the tab. 

However, fewer Americans are aware that these same big-government politicians have also had it out for PayPal, Venmo and the rest of the peer-to-peer payment processors for quite some time now — and for quite the same reasons. 

The legislation’s sponsors claim this bill is necessary to protect public safety, but everyone knows this argument is completely nonsensical. Scams don’t even comprise a single percentage point of the transactions on these platforms. 

Do consumers sometimes make mistakes? Sure, but these errors are not the result of security flaws on these apps.  

The mistakes that consumers make on PayPal and Zelle are no different than when members of the citizenry occasionally send bank wire transfers to scammers, but you don’t hear the Biden administration or its congressional relief pitchers calling for the banks to pick up these tabs. Why is that?  

Well, it’s because their goal for their anti-PayPal and Zelle legislation isn’t actually to protect the public.  

The true purpose behind the bill is two-fold: to make it increasingly financially difficult for these companies to continue operating, and to generate negative press against their businesses in hopes of shrinking their massive user bases. 

The American people won’t fall for their scare tactics, and the rest of Congress won’t either. I fully expect the Republican-led House Financial Services Committee to kill this bill before it receives even a few breaths of oxygen. Millions of everyday Americans will stand to benefit. 

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Mark Zuckerberg just had to eat several large helpings of crow.

And some minor political flap wasn’t on the menu. 

As the Wall Street Journal first reported, the CEO of Facebook and Meta expressed regret on such weighty matters as government-induced censorship and free speech.

It’s good for Zuck to accept some degree of responsibility, but it’s kinda too late. By about three years.

The admissions came in a letter to Jim Jordan, the House Judiciary chairman, and is a major win for the Republicans. The onetime Harvard whiz kid usually digs in defensively, with vague promises of future reform.

After the pandemic hit, Zuckerberg wrote, senior Biden administration and White House officials had ‘repeatedly pressured our teams for months to censor certain COVID-19 content, including humor and satire, and expressed a lot of frustration with our teams when we didn’t agree.’

That is an important distinction. The Biden pressure tactics didn’t always work. Facebook could, and sometimes did, say no. But much of the time, the giant social media site just caved.

And Facebook had a publicly proclaimed agenda: prodding millions of people to take Covid vaccines.

Zuckerberg said the administration pressure ‘was wrong, and I regret that we were not more outspoken about it.’ His company ‘made some choices that, with the benefit of hindsight and new information, we wouldn’t make today…I feel strongly that we should not compromise our content standards due to pressure from any administration in either direction — and we’re ready to push back if something like this happens again.’

I don’t know: How confident are you that Facebook would publicly push back on some hot-button issue today?

A Biden White House spokesman, in lawyerly language that didn’t quite respond to Zuck’s accusations, said it had ‘encouraged responsible actions to protect public health and safety…Our position has been clear and consistent: we believe tech companies and other private actors should take into account the effects their actions have on the American people, while making independent choices about the information they present.’

Two years ago, a Free Press reporter who examined the ‘Twitter Files’ found that both the Trump and the Biden administrations ‘directly pressed Twitter executives to moderate the platform’s pandemic content according to their wishes.’

One document mentioned the White House chief technology officer, who ‘led the Trump administration’s calls for help from the tech companies to combat misinformation.’

The piece also said that Facebook, Google and Microsoft joined in ‘weekly’ calls with the Trump officials to talk about ‘general trends’ at the companies. Sounds euphemistic.

But Trump was also a victim. Just four hours after a 2020 campaign video was posted and drew a half million views, Facebook took it down, saying it violated the social network’s policy against Covid misinformation. 

The Trump camp had posted a clip from a Fox interview in which the president said children were ‘virtually immune’ from the coronavirus. Most medical experts disagreed at the time.

‘They’ve got much stronger immune systems than we do somehow for this,’ Trump said. ‘They don’t have a problem. They just don’t have a problem.’

A White House spokeswoman at the time called the move ‘another display of Silicon Valley’s flagrant bias against this president, where the rules are only enforced in one direction.’

Zuckerberg, for his part, also made news on the Hunter Biden laptop.

He told Jordan that Meta ‘shouldn’t have demoted’ a New York Post story about the laptop shortly before the 2020 election. 

Let me stop right there. Demoted is tech jargon for suppressing a story, blatantly burying it so that few if any users see it. This happened after Twitter, as you’ll recall, totally blocked the Post story.

Trump allies got access to the laptop from the Delaware computer shop owner, at a time when Biden was the Democratic nominee. Dozens of former intelligence officials signed a letter dismissing the laptop story as fake, and in a debate with Trump, Biden said the release of the emails had ‘all the classic earmarks of a Russian information operation.’

Zuckerberg writes: ‘It’s since been made clear that the reporting was not Russian disinformation, and in retrospect, we shouldn’t have demoted the story.’

Right. And it took the New York Times and Washington Post another year and a half to ‘authenticate’ the laptop’s contents.

In the 2020 election, Zuck funded nonprofits to set up Covid-era voting booths and equipment sorting mail-in ballots, which Republicans, calling it ‘Zuckerbucks,’ argued with some justification that this unfairly benefited Democratic areas. Zuckerberg now says he won’t repeat the effort this time.

 

Trump said in a posting last month: ‘All I can say is that if I’m elected president, we will pursue Election Fraudsters at levels never seen before, and they will be sent to prison for long periods of time. We already know who you are. DON’T DO IT! ZUCKERBUCKS, be careful!’

In his Mar-a-Lago interview with me, Trump made his distaste for Facebook quite clear, in fact using it to justify dropping his opposition to banning TikTok, saying that would only help Zuckerberg’s company.

Now some may dismiss all this as old news, given that the events date to the pandemic and the last election. But it raises fundamental questions that continue to reverberate today, when Elon Musk’s endorsement of Trump has prompted many liberals to leave or largely abandon X and join Threads, the Zuckerberg copycat site.

Politicians and special interests routinely lobby the federal government. But when they use their considerable clout to pressure tech giants – secretly, behind closed doors, shielded from the public – it is deeply troubling.

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Have you ever been in a plane that keeps circling around, waiting to land? That’s what the stock market feels like right now. Investors are rotating from one sector to another, waiting for direction from the control tower.

How Does an Investor Get Direction? 

There are many tools out there, but one tool that gives you a quick aerial view of the entire stock market is the MarketCarpets from StockCharts.

FIGURE 1. THE STOCKCHARTS MARKETCARPETS. In one glance you can identify the strongest and weakest sectors.Image source: StockCharts.com. For educational purposes.

Looking at the one-day change performance of the S&P 500, there’s mixed activity in equity trading. Technology is the leading sector, followed by Financials. Energy, and Utilities are the laggards.

One factor you can see right away is the mixed activity in the Mag 7 stocks. Nvidia (NVDA) is in the spotlight, since it could provide direction this week—it’s reporting quarterly earnings on Wednesday after the close. The stock was up 1.46% on Tuesday. Apple (AAPL) increased slightly, and Microsoft (MSFT) even less. Amazon.com (AMZN), Tesla (TSLA), Alphabet (GOOGL), and Meta Platforms (META) closed lower.

It’ll be interesting to see how much NVDA’s stock price moves after it reports earnings. Will it still have the impact it did before the stock price pulled back? We’ll have to wait until Wednesday’s after-hours market activity and see how much higher the stock price moves if the earnings report is positive, or how much lower it goes if earnings miss expectations.

With Fed rate cuts on the horizon, investors may rotate out of tech and into financial stocks or other small-cap stocks, especially if NVDA misses. Lower interest rates help financial stocks, so it’s not surprising that Financials took the number two spot.

The weekly chart of the Financial Select Sector SPDR Fund (XLF), the StockCharts proxy for the Financial sector, displays a solid upward trend since mid-November. The ETF closed at a new all-time high today (August 27, 2024).

FIGURE 2. XLF HITS ALL-TIME HIGH. The Financial sector has been trending higher, finding support at its 21-week exponential moving average (EMA). The relative strength index (RSI) is just at the overbought level.Chart source: StockChartsACP. For educational purposes.

XLF is trading above its 21-week exponential moving average (EMA), which can be the first support level to watch. With the relative strength index (RSI) at around 70, there’s still room for XLF to go higher. Look at how much the ETF moved the last time it was above 70!

Closing Position

The stock market is dynamic, and one day doesn’t make a trend. Tomorrow could reflect a different story. Tools such as the MarketCarpet can help you become engaged with stock market activity without scrolling through several charts.

Explore the different ways to use the StockCharts MarketCarpets.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

In this edition of StockCharts TV‘s The Final Bar, Dave focuses in on three key charts to watch in the technology sector as investors anxiously await NVDA earnings and Friday’s inflation data. He also shares two important charts for tracking improving market breadth conditions and highlights the continued weakness in retail and entertainment stocks.

See Dave’s chart of the “Newer Dow Theory” here!

This video originally premiered on August 27, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

Republican vice presidential candidate, Sen. JD Vance of Ohio, speaking near the site of a major electric vehicle battery factory project, charged that Democratic presidential candidate Vice President Kamala Harris and the current Democratic administration ‘are helping China destroy and replace our auto industry from the inside out.’

Vance held a campaign event Tuesday in Big Rapids, Michigan near where Gotion Inc., a company that, according to FARA filings, was quietly registered as a Chinese foreign principal in 2023, is planning to build a $2.4 billion electric vehicle battery plant.

Vance said that Harris’ ‘tie-breaking vote that she cast to send inflation through the roof,’ referring to the Inflation Reduction Act of 2022, made ‘Chinese companies like Gotion eligible for millions of your taxpayer dollars.’

‘Even some of the folks in Obama’s administration said that the Gotion factory plant is a threat to America’s national security,’ Vance told the audience. ‘But Kamala Harris not only wants to allow the Chinese Communist Party to build factories on American soil, she wants to pay them to do it with our tax money.’

‘Democrats in this state, and including Kamala Harris, want to give hundreds of millions of dollars to those same companies that have been undercutting Michigan autoworkers. What a disaster, isn’t it?’ he added. ‘Donald Trump has a different idea. He is going to drill, baby, drill. We’re going to unleash American workers and bring back those great factories.’

The senator also touched on the drama surrounding former President Trump’s scheduled debate with Vice President Harris after reports that the presidential nominees were clashing over debate rules ahead of the live Sep. 10 event.

‘He thinks it’s important that the American people see him debate and especially see Kamala Harris, because she’s run from the media for pretty much the entire campaign,’ Vance said in an exclusive interview with Fox News’ Aishah Hasnie at the Michigan event. ‘He also doesn’t like that they’re trying to change the rules at the very last minute, because they figured out that Kamala Harris, she’s just not that great at this.’

Vance also addressed the letter that Meta CEO Mark Zuckerberg sent to House Judiciary Committee Chairman Jim Jordan on Monday, revealing that he faced pressure from the Biden-Harris administration to censor Americans, particularly regarding COVID-19 content.

‘This should be bombshell news,’ Vance told Fox of the letter. ‘The leader of one of the most important social networks in the world just came out and said, I censored Donald Trump in the run-up to the election because there were certain elements within the Biden administration and the Biden campaign that encouraged me to do that. That is crazy. That is the revelation of censorship in a way that affected an American election.’

Fox News’ Aishah Hasnie contributed to this report.

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Buying the dip is a something of go-to strategy for many traders and investors. The trick here is to buy strength on the way down and to avoid a “falling knife” scenario (or at least plan for it in case it does happen).

The catch: With so many stocks to choose from, it’s impossible to monitor every stock you’re interested in. You’re bound to miss something.

So, here’s a quick and simple morning routine to help you spot potential buy-the-dip opportunities when an index takes a significant hit.

Step 1: Monitor the Pulse of the Broader Market

Last Monday, the Dow ($INDU) was on its way to making a record high while the S&P 500 ($SPX) and Nasdaq Composite ($COMPQ) were falling. The Nasdaq was hit the hardest.

To dive deeper, you should check the Market Summary tool, which can be found in the StockCharts Member Tools section. Here’s a snapshot of what it looked like.

The Nasdaq Composite was down 0.85% at the time. It was a clear laggard, so I focused there to spot a few potential buy-the-dip picks. After looking at the broader market, it helps to narrow the search by then looking at the Sector Summary, also in the StockCharts Member Tools.

Step 2: Check Sector Performance

The Technology Select SPDR ETF, XLK, the StockCharts sector proxy, was the biggest underperformer of the bunch (see below).

Given the Nasdaq’s tech-heavy nature, this summary confirms what you might have already expected. So, you narrow down even more, looking at the Industry Summary (also in Member Tools) to see which industry group is underperforming in the sector.

Step 3: Check Industry Performance

While tech is the biggest laggard overall, not every industry within the sector is struggling. Right now, let’s focus on stronger stocks that are getting sold (see below).

Under the chart on the left, click the MarketCarpet icon (second from left) to pinpoint stocks that match your investment objective.

Step 4: Using the Market Carpet to Identify Tradable Stocks

Broadcom (AVGO) took the biggest hit on Monday (see below). Nvidia (NVDA) didn’t take as big a plunge, but with its AI applications, it’s practically the world’s most important stock right now. Let’s zero in on these two.

Take a look at a daily six-month chart of Broadcom (AVGO).

CHART 1. DAILY CHART OF BROADCOM. Note the dueling Fib templates between bulls and bears.Chart source: StockCharts.com. For educational purposes.

The longer-term uptrend is still holding strong (we’re not showing it here to focus on the recent price moves). Even with the dip since June, the StockChartsTechnical Rank (SCTR) score only slightly dropped below 90, which still signals technical bullishness.

The orange Fibonacci Retracement, drawn from the June high to the August low, is likely the template bears are eyeing. The 61.8% retracement at $163 would have signaled an opportunity for short sellers to enter or add to their position. But because the price pushed past that level, it likely caused some hesitation. Plus, momentum, as shown by the Chaikin Money Flow (CMF), favors the bulls.

Now, check out the blue Fibonacci Retracement drawn from the August low to high. Bulls jumped in at the 38.2% level ($157). However, AVGO could still drop between the 50% and 61.8% levels ($151 to $145) and remain bullish, marking an ideal entry point for those looking to go long.

From here, let’s shift to a daily nine-month chart of NVDA.

CHART 2. DAILY CHART OF NVIDIA. You can see the threshold levels determining both uptrend and downtrend.

With an SCTR line above 90, NVDA is technically bullish across multiple indicators and timeframes.  Despite the 200-, 100-, and 50-day simple moving averages (SMAs) in “full sail” position, NVDA’s price action is softening a bit.

Over the last eight sessions, NVDA’s price action has been hovering in tight consolidation mode. For NVDA’s uptrend to remain intact, it has to do two things:

Stay above the August swing low of $91 (you might also get a bounce at the $97.50 range as it coincides with March highs (resistance-turned-support). The blue dotted lines below the current price marks both of these levels.Break above the three consecutive resistance levels at roughly $130, $136, and $140 (see blue dotted lines above the current price).

Closing Thoughts

The goal here is to show you one of many morning routines to uncover market opportunities. In this case, we used StockCharts’ market, sector, and industry summary tools to find trades. It could have been other stocks, but the key takeaway is learning how to do it yourself.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your personal and financial situation, or without consulting a financial professional.

Special counsel Jack Smith has filed another indictment against former President Trump in the election interference case on Tuesday.

The new charges narrow the allegations against the Republican presidential nominee following a Supreme Court ruling that conferred broad immunity on former presidents. 

Sources familiar with the matter tell Fox News that discussions surrounding the superseding indictment will likely not speed things up, and it is unlikely it will go to trial before the November election. 

This is a breaking story. Check back for updates. 

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A Middle East policy expert who helped get the Iran nuclear deal signed into law is anticipating that Vice President Kamala Harris would seek a similar agreement with Tehran if she wins the White House.

‘The idea that the old nuclear deal can just be restarted, we’re past that. Iran’s progress on its nuclear program has exceeded the previous limitations… a firm, verifiable nuclear deal that corrals and runs the ability to accelerate the nuclear weapon, that has to be the goal,’ said Joel Rubin, a Democratic strategist and former Obama administration deputy assistant secretary of state for legislative affairs to the House.

‘The best way to do that is a nuclear agreement that’s firm and verified… Any realistic president would go for that. And that’s Kamala Harris, she’s a realistic president-to-be.’

The Joint Comprehensive Plan of Action (JCPOA), commonly known as the Iran nuclear deal, was signed in 2015 by Iran, members of the United Nations National Security Council, and the European Union. 

Republicans and some moderate Democrats opposed the agreement, arguing it was too weak to successfully restrain the Islamic regime’s nuclear aspirations. Iran hawks in the U.S. also argued the lifting of sanctions on Iran would only serve to embolden its anti-Western leaders.

President Trump pulled out of the agreement in 2018.

But former President Barack Obama’s allies have maintained it was a necessary compromise to limit the threat from Iran’s nuclear capabilities and a sure way to bring Tehran to the negotiating table.

‘There has to be a way to curb Iran’s nuclear ambitions. If they were to get a nuclear weapon, that would be a threat to the region and to the world, including, of course, the United States. But it is not going to be an easy way forward,’ Rubin said. 

Harris said during her short-lived 2020 presidential campaign that she would rejoin the Iran deal if elected president. 

While It’s unclear whether she’s retained that stance in her 2024 campaign platform, it could expose her to GOP-led accusations of emboldening Iran at a time when the country is already growing more aggressive toward the U.S. and its allies.

Iran’s supreme leader, Ayatollah Ali Khamenei, suggested on Tuesday that Tehran could rejoin talks on a nuclear agreement, according to The Associated Press. Khamenei said there was ‘no harm’ in interacting with an ‘enemy’ in ‘certain situations.’

A State Department spokesperson told RadioFreeEurope, however, that rejoining the agreement ‘is not on the table right now.’

Fox News Digital reached out to the Harris campaign for comment.

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