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House Speaker Nancy Pelosi said Thursday she doesn't believe there should be any debates between President Trump and Joe Biden because she believes Trump "will probably act in a way that is beneath the dignity of the presidency."

Why it matters: Her statement isn't likely to make the Biden campaign happy, as the Trump campaign has attempted to paint Biden as senile and hoping to avoid a direct confrontation. Biden, however, has repeatedly said that he "can hardly wait" to debate the president.

  • The debates have been viewed by the Trump campaign with outsized importance in order to close the polling gap and get Trump within striking distance of Biden by Election Day, writes Axios' Jonathan Swan.

What she's saying: "I don't think there should be any debates. ... I wouldn't legitimize a conversation with him, nor a debate in terms of the presidency of the United States. Now, I know that the Biden campaign thinks in a different way about this."

  • "I think he will also belittle what the debates are supposed to be about. They're not to be about skullduggery on the part of somebody who has no respect for the office he holds — much less the democratic process. Why else would he try to undermine the elections in the manner in which he is doing?"
  • "I don't think that he should dignify that conversation with Donald Trump."

Go deeper: Inside Trump's debate prep

Go deeper

Dec 2, 2020 - World

Biden says he won't immediately remove U.S. tariffs on China

President-elect Joe Biden during an event in Wilmington, Delaware, on Tuesday. Photo: Alex Wong/Getty Images

President Trump's 25% tariffs imposed on China under the phase one trade deal will remain in place at the start of the new administration, President-elect Biden said in an interview with the New York Times published early Wednesday.

Details: "I'm not going to make any immediate moves, and the same applies to the tariffs," Biden said. He plans to conduct a full review of the current U.S. policy on China and speak with key allies in Asia and Europe to "develop a coherent strategy," he said.

Legacy civil rights groups: Biden's transition needs to include us

President-elect Joe Biden at the NAACP 110th National Convention last year. Photo: Bill Pugliano via Getty

Prominent civil rights leaders are concerned that President-elect Joe Biden is deciding his administration without their input, NBC News reported Tuesday.

Why it matters: As Biden looks to deliver his promise of forming a diverse administration, he will have to contend with different factions of the liberal movement that might pull him in different directions.

Dion Rabouin, author of Markets
1 min ago - Politics & Policy

America's hidden depression

Biden introduces his pick for Treasury secretary, Janet Yellen, on Dec. 1. Photo: Alex Wong/Getty Images

President-elect Biden faces a fragile recovery that could easily fall apart, as the economy remains in worse shape than most people think.

Why it matters: There is a recovery happening. But it's helping some people immensely and others not at all. And it's that second part that poses a massive risk to the Biden-Harris administration's chance of success.