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A lawsuit in New York may shake things up at the NRA

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“WAYNE’S WORLD” is how Monica Connell, a lawyer with the New York state attorney-general’s office, described how the National Rifle Association, better known as the NRA, operated for decades. On January 8th, during the opening statement of the state’s civil trial against the NRA, Wayne LaPierre, who has headed the gun-rights organisation since 1991, and two other former and current top executives, Ms Connell said, “this case is about corruption”.

The lawsuit filed by Letitia James, New York’s attorney-general, accuses the NRA’s leadership of instituting a culture of mismanagement and negligence which benefited themselves, family, friends and certain vendors, and caused the organisation to lose more than $63m, much of it donated by gun-owners. The state alleges that Mr LaPierre and the others used NRA money on luxury travel, including private jets, and did not declare expensive gifts, including African safaris and yacht trips. And, Ms Connell said, Mr LaPierre retaliated against anyone who questioned him. Oliver North, a former NRA president pushed out in 2019, is expected to testify.

Ms James first filed suit against the NRA in August 2020, seeking to dissolve it. The organisation is chartered by New York state, where it was founded in 1871, in the wake of the civil war. As it is registered as a charity in New York, it is under Ms James’s jurisdiction and watchful eye. A judge blocked her effort to disband the NRA, but said she should pursue other avenues as, if proven, her allegations tell “a grim story of greed, self-dealing, and lax financial oversight at the highest levels”. The NRA unsuccessfully filed for bankruptcy in Texas. A judge there ruled that the organisation was solvent and had filed only to evade mismanagement allegations in New York.

The NRA, Mr LaPierre and the other plaintiffs deny any wrongdoing.  Mr LaPierre’s lawyer said his client took private jets because of death threats. As for the yacht excursions, well who wouldn’t want to go on a yacht? The NRA, for its part, appeared to be distancing itself from Mr LaPierre. In her opening statement the group’s lawyer praised him as a visionary, but also stressed that “The NRA is not Wayne LaPierre.”

The association was founded to improve marksmanship and training, and later also promoted safety. But, in large part because of Mr LaPierre, it has morphed into a powerful lobby for gun rights. It spent millions to help Donald Trump get elected in 2016. But it has struggled with falling revenue, falling membership and in-fighting.

Mr LaPierre announced his resignation on January 5th, citing health reasons. How much this will change is unclear. The executives who remain are LaPierre loyalists. The interim head is his spokesperson and one of his closest advisers. But if the NRA loses the suit there is a good chance that the people who put the organisation into this position will be removed by a state overseer. Stephen Gutowski, the founder of the Reload, an independent publication focused on firearms policy and politics, points to the obvious irony: the lawsuit, which started out seeking to dismantle the NRA, may be “the best chance the NRA has for surviving”.

Stay on top of American politics with Checks and Balance, our weekly subscriber-only newsletter, which examines the state of American democracy and the issues that matter to voters.

Economics

UK inflation September 2024

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The Canary Wharf business district is seen in the distance behind autumnal leaves on October 09, 2024 in London, United Kingdom.

Dan Kitwood | Getty Images News | Getty Images

LONDON — Inflation in the U.K. dropped sharply to 1.7% in September, the Office for National Statistics said Wednesday.

Economists polled by Reuters had expected the headline rate to come in at a higher 1.9% for the month, in the first dip of the print below the Bank of England’s 2% target since April 2021.

Inflation has been hovering around that level for the last four months, and came in at 2.2% in August.

Core inflation, which excludes energy, food, alcohol and tobacco, came in at 3.2% for the month, down from 3.6% in August and below the 3.4% forecast of a Reuters poll.

Price rises in the services sector, the dominant portion of the U.K. economy, eased significantly to 4.9% last month from 5.6% in August, now hitting its lowest rate since May 2022.

Core and services inflation are key watch points for Bank of England policymakers as they mull whether to cut interest rates again at their November meeting.

As of Wednesday morning, market pricing put an 80% probability on a November rate cut ahead of the latest inflation print. Analysts on Tuesday said lower wage growth reported by the ONS this week had supported the case for a cut. The BOE reduced its key rate by 25 basis points in August before holding in September.

Within the broader European region, inflation in the euro zone dipped below the European Central Bank’s 2% target last month, hitting 1.8%, according to the latest data.

This is a breaking news story and will be updated shortly.

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Economics

Why Larry Hogan’s long-odds bid for a Senate seat matters

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FEW REPUBLICAN politicians differ more from Donald Trump than Larry Hogan, the GOP Senate candidate in Maryland. Consider the contrasts between a Trump rally and a Hogan event. Whereas Mr Trump prefers to take the stage and riff in front of packed arenas, Mr Hogan spent a recent Friday night chatting with locals at a waterfront wedding venue in Baltimore County. Mr Hogan’s stump speech, at around ten minutes, felt as long as a single off-script Trump tangent. Mr Trump delights in defying his advisers; Mr Hogan fastidiously sticks to talking points about bipartisanship, good governance and overcoming tough odds. Put another way, Mr Hogan’s campaign is something Mr Trump is rarely accused of being: boring. But it is intriguing.

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Economics

Polarisation by education is remaking American politics

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DEPENDING ON where exactly you find yourself, western Pennsylvania can feel Appalachian, Midwestern, booming or downtrodden. No matter where, however, this part of the state feels like the centre of the American political universe. Since she became the presumptive Democratic presidential nominee, Kamala Harris has visited Western Pennsylvania six times—more often than Philadelphia, on the other side of the state. She will mark her seventh on a trip on October 14th, to the small city of Erie, where Donald Trump also held a rally recently. Democratic grandees flit through Pittsburgh regularly. It is where Ms Harris chose to unveil the details of her economic agenda, and it is where Barack Obama visited on October 10th to deliver encouragement and mild chastisement. “Do not just sit back and hope for the best,” he admonished. “Get off your couch and vote.”

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