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| These are our top stories today: - An Iranian official said Hamas is prepared to release Israeli hostages but can't do so while airstrikes against Gaza continue.
- A judge ordered former President Donald Trump not to make public statements in relation to the 2020 election interference case against him.
- Texas Republicans are engaged in a factional battle over donations from a PAC with white supremacist links.
If you find this newsletter useful, please share it with your friends and colleagues. Thank you! Your faithful IDB writer, Daniel
p/Dan-Smith | |
| 1 | | An Iranian official said Hamas is ready to release Israeli hostages but can't do so unless Israel ends airstrikes on Gaza. Israel said it would not negotiate with Hamas over the release of the 199 people that the militant group took hostage in a bloody attack on Oct.7. More: - The hostages reportedly include citizens of the U.S., the U.K., Mexico, Italy, Russia, and the Philippines.
- The U.S. military selected ~2,000 troops to prepare for a potential non-combat deployment to Israel.
- The U.N. said that more than a million Palestinians have been displaced since Israel ordered people in the northern part of Gaza to evacuate to the south.
- The Palestinian Journalists Syndicate said that 11 Gazan journalists have been killed and over 20 others have been wounded since Oct. 7.
- Israel began evacuating communities near the Lebanese border as fighting with Hezbollah militants continued.
Zoom Out: - Palestinians gathered at the Rafah border crossing with Egypt with the hopes of escaping Israeli airstrikes.
- Egypt is expected to open the border to Palestinians who hold foreign passports.
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| 2 | | Charles Schwab stock was up over 5% on Monday after the financial services company released its quarterly earnings report. 
What the numbers say: Schwab said it had a total of $284B in deposits at the end of Q3, down 7% from the end of Q2. Schwab lost $111B in deposits over the past 12 months, a 28% drop. The trend of fleeing deposits seems to be reversing, with Schwab reporting that it gained net deposits in September for the first time since March 2022. Net income shrank by 44% annually, and revenue dropped 16% to $4.6B. Schwab stock is down 38% YTD. | | | |
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| 3 | | A judge issued a partial gag order restricting former President Donald Trump from publicly discussing the criminal case in which he is accused of trying to overturn the results of the 2020 election. The order bars Trump from making public statements attacking prosecutors, witnesses, or other court staff to protect the integrity of legal proceedings against him. More: - Judge Tanya Chutkan, who issued the order, said that Trump's freedom of speech rights don't allow him "to launch a pre-trial smear campaign."
- On Sunday night, Trump called federal prosecutor Jack Smith "Leaking, Crooked, and Deranged" on his Thruth Social media network.
- Chutkan did not say how she would enforce the gag order. Instead, she said she would consider possible consequences if and when Trump violates the order.
- Trump can appeal the order.
Zoom Out: - Trump's lawyers have unsuccessfully tried to have the trial pushed back until after the 2024 election.
- The trial is currently scheduled for March 2024.
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| 4 | | Polish voters rejected the ruling Law and Justice (PiS) party in a parliamentary vote on Sunday. The three main opposition parties won a clear majority of seats in Poland's lower house of parliament, making a center-left coalition government the most likely outcome. More: - PiS won 36.1% of votes, more than any other party, but short of the majority it needed for a third term in government.
- Former European Council President Donald Tusks's Civic Coalition won 31%, followed by the centrist Third Way coalition with 14%, the Left party with 8.6%, and the far-right Confederation party with 6.8%.
- Even with the support of the Confederation party, PiS would not be able to form a majority coalition.
- Tusk said on Sunday evening that a new era had begun for Polish politics.
- The Polish electoral commission estimated that 73% of eligible voters cast their ballots in the election, the most since the end of communist rule in 1989.
What's next: - President Andrzej Duda, who is allied with PiS, must call the first session of the new parliament within 30 days.
- He will also have to designate a prime minister to build a new government while the outgoing PiS remains in place as a caretaker government.
- If the new government aims to repeal PiS-enacted changes, it will likely face opposition from Duda and the PiS-aligned constitutional court.
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| 5 | | A Chicago-area man was charged with killing a six-year-old Palestinian-American boy and seriously wounding his mother over the weekend. Local and federal authorities are investigating the attack as a hate crime. More: - The suspect was charged with first-degree murder, attempted first-degree murder, hate crimes, and aggravated battery.
- The Sheriff's Office in Will County, Illinois, said that the 71-year-old man targeted the boy and his mother "due to them being Muslim and the ongoing Middle Eastern conflict involving Hamas and the Israelis."
- The Council on American-Islamic Relations (CAIR) said the boy and his mother had lived as tenants in a house owned by the suspect for two years.
- The boy's mother and father had moved from Palestine to the U.S. 12 and nine years ago, respectively.
Zoom Out: - President Joe Biden condemned the murder, saying: "There is no place in America for hate against anyone."
- The Justice Department opened a federal hate crime investigation into the killing.
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| 6 | | Texas Republicans are engaged in a factional struggle after the speaker of the Texas House called on fellow Republicans to return donations from a political action committee (PAC) with far-right links. The conflict stems from media reports that Defend Texas Liberty PAC President Jonathan Stickland met with white several right-wing supremacists, including Nick Fuentes, earlier this month. More: - House Speaker Dade Phelan said that local elected officials, including Lt. Gov. Dan Patrick, ought to return the money they received from the PAC or donate it to charity.
- Patrick, who recently received $3M in loans and donations from the PAC, called on Phelan to resign.
- In response to Phelan's request, 60 members of the Texas House Republican Caucus released a statement calling for other elected officials to return the money.
- The scandal broke after the Texas Tribune reported that right-wing personalities including Fuentes and Kyle Rittenhouse, reportedly visited Stickland's political consultancy, Pale Horse Strategies, for seven hours last week.
Zoom Out: - Defend Texas Liberty has given nearly $15M to right-wing political candidates in the state since 2021.
- Fuentes is a far-right social media figure who has made statements praising Hitler and calling for a war against Jews.
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- Rite Aid filed for bankruptcy on Sunday. The drugstore company has dealt with slowing sales and lawsuits alleging that it contributed to the national opioid epidemic in recent years.
- Defending champions South Africa defeated France 29-28 in the Rugby World Cup (RWC) quarter-finals on Sunday, setting themselves up for a rematch of the 2019 final against England in the semi-finals on Saturday, October 21.
- LinkedIn, which Microsoft owns, laid off nearly 700 employees. The cuts affected mostly LinkedIn's engineering group, as well as the finance and human resources divisions.
- Senior Republican House members are still opposed to the speaker candidacy of right-wing Rep. Jim Jordan, who is expected to face a floor vote on Tuesday. One GOP House member told CNN there are still 40 GOP Representatives who are opposed to Jordan, who can only afford four defections to win the speaker's gavel.
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INSIDE DAILY BRIEF LEADERBOARD (30 DAYS) |
 | Writer | | Dr. Daniel Smith is an Inside writer with a Ph.D. in Political Science from the University of Cambridge. Follow him on Twitter @DJS12321 or email him at Daniel@inside.com. | | This newsletter was edited by Eduardo Garcia | |
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