DIRS.INFO The most relevant business & tech news

☆ Democrat Suozzi Wins US House Seat Formerly Held by George Santos
▼ + stars: | 2024-02-13 | by ( Feb. | At P.M. | ) www.usnews.com time to read: 1 min

(Reuters) - Democratic former U.S. Representative Tom Suozzi won a congressional special election in New York on Tuesday, Edison Research projected, narrowing an already razor-thin Republican majority in the U.S. House of Representatives that has struggled to pass legislation. The contest became necessary after the House took the extraordinary step of expelling Republican George Santos, whose dizzying array of lies about his biography led to his indictment on fraud charges.

Persons: Tom Suozzi, Republican George Santos Organizations: Reuters, Democratic, U.S, Edison Research, U.S . House, Republican Locations: New York, U.S

That's our goal and we hope to have an agreement very soon," Senate Majority Leader Chuck Schumer, a Democrat, said on the Senate floor. Leaders from both parties have said they support a stopgap spending bill that passed the Republican-controlled House of Representatives by a wide bipartisan margin on Tuesday. 2 Republican, said a vote on the House bill later in the day was possible. More significantly, it would avoid a partial shutdown that would disrupt a wide array of government services and furlough hundreds of thousands of federal workers. Writing by Andy Sullivan; Editing by Scott Malone, Lisa Shumaker and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Kevin Wurm, Chuck Schumer, Joe Biden, John Thune, Rand Paul, Mike Johnson, Johnson, Andy Sullivan, Scott Malone, Lisa Shumaker, Jonathan Oatis Organizations: U.S, Capitol, REUTERS, Rights, Democratic, Republican, U.S . Senate, Food and Drug Administration, Thomson Locations: Washington , U.S, U.S, Louisiana

Senator Joe Manchin, a maverick who has often bucked party leadership in the past two years, said on Thursday that he will not seek re-election, hurting Democrats' chance of defending their thin Senate majority in the 2024 election. The move by the 76-year-old lawmaker will make it very difficult for Democrats to defend his West Virginia seat. "We like our odds in West Virginia," Senator Steve Daines, the head of Republican senators' campaign arm, said in a statement. David Bergstein, a spokesperson for the Senate Democrats' campaign arm, said the party was confident in its chances of strengthening its majority. Manchin has insisted that his only motivation is the coal-producing state of West Virginia and an eye on fiscal responsibility.

Persons: Joe Manchin, Manchin, Republican Donald Trump, Democrat Joe Biden, Steve Daines, Biden, Trump, David Bergstein, Matt Bennett, he's, Bennett, Julia Nikhinson, Jim Justice, Justice, Biden's, Kyrsten Sinema, Roe, Wade, Mitt Romney, Moira Warburton, Jasper Ward, Makini Brice, Richard Cowan, Jason Lange, David Morgan, Scott Malone, Alistair Bell, Daniel Wallis Organizations: Democratic U.S, United States Senate, Republican, Democrat, Democratic Party, White, Reuters, Biden, Democrats, Trump, Senate Democrats, U.S, Congress, REUTERS, SEAT West Virginia's Republican, Democratic, Charleston Gazette, Thomson Locations: West Virginia, Montana and Ohio, Pennsylvania, Arizona, Democratic, Washington , U.S, Washington, America, Jasper

☆ Trump ally Bannon to ask court to overturn contempt of US Congress conviction
▼ + stars: | 2023-11-09 | by ( Andrew Goudsward | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +3 min

His lawyers and federal prosecutors are set to argue before a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit. Bannon was sentenced by Nichols in October 2022 to four months in prison and a $6,500 fine. Bannon, an influential right-wing media provocateur, served as Trump's chief White House strategist during 2017 before a falling out between them that was later patched up. Trump supporters assaulted police, stormed barricades and swarmed the Capitol in a failed bid to prevent congressional certification of Biden's victory. The House committee disbanded at the end of 2022 without getting information from Bannon.

Persons: Steve Bannon, Donald Trump, Bannon, Trump, Carl Nichols, Nichols, Democrat Joe Biden, Andrew Goudsward, Will Dunham, Scott Malone Organizations: White House, U.S . Capitol, U.S, U.S ., Appeals, District of Columbia Circuit, Democratic, Prosecutors, District, White, Democrat, Republican Trump, Capitol, Thomson Locations: Washington , U.S, WASHINGTON

☆ Biden trails Trump in states likely to decide 2024 US election, polls show
▼ + stars: | 2023-11-05 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +3 min

Trump, leading the field for his party's 2024 nomination as he seeks to regain the presidency, leads in Arizona, Georgia, Michigan, Nevada and Pennsylvania, with Biden ahead in Wisconsin, the polls showed. Biden defeated Trump in all six states in the 2020 election. Trump now leads by an average of 48% to 44% in the six states, the polls showed. THE TAKEWhile polls assessing the national popular vote have consistently showed Biden and Trump in a close race, presidential elections typically are decided by the outcomes in a handful of so-called swing states. Biden's victories in Arizona, Georgia, Michigan, Pennsylvania and Wisconsin - all swing states that Trump carried in 2016 - were instrumental in his 2020 victory.

Persons: Joe Biden, Donald Trump, Morry Gash, Biden, Trump, BIDEN, Gallup, Obama, Kevin Munoz, Barack Obama's, Republican Mitt Romney, Munoz, MAGA, We'll, Richard Blumenthal, Blumenthal, Jarrett Renshaw, Heather Timmons, Will Dunham Organizations: Democratic, Belmont University, REUTERS Acquire, New York Times, Siena College, Trump, Biden, Republican, CNN, Thomson Locations: Nashville , Tennessee, U.S, Arizona , Georgia, Michigan, Nevada, Pennsylvania, Wisconsin, Democratic U.S, Connecticut

☆ US House Speaker Vote to Be Held Tuesday at Noon - Democratic Rep. Clark
▼ + stars: | 2023-10-15 | by ( Oct. | At P.M. | ) www.usnews.com time to read: 1 min

WASHINGTON (Reuters) - The U.S. House of Representatives will vote to choose a new speaker on Tuesday at approximately 12:00 p.m. (1600 GMT), No. 2 House Democrat Katherine Clark said on Sunday. Representative Jim Jordan won the Republican nomination to lead the U.S. House of Representatives on Friday, but the hardline conservative appeared to be well short of the support he would need to seize the speaker's gavel.

Persons: Katherine Clark, Jim Jordan Organizations: WASHINGTON, U.S . House, Sunday, Republican

☆ Embattled US Senator Bob Menendez to face Democrats who want him to resign
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +2 min

Senator Robert Menendez (D-NJ) delivers remarks, after he and his wife Nadine Menendez were indicted on bribery offenses in connection with their corrupt relationship with three New Jersey businessmen, in Union City, New Jersey, U.S., September 25, 2023. Senator Bob Menendez on Thursday is expected to address his Democratic colleagues, more than half of whom have called for him to resign, the day after he pleaded not guilty to federal charges of accepting bribes. 2 Senate Democrat Dick Durbin, the head of the Senate Democrats' campaign arm, Gary Peters, and Menendez's fellow senator from New Jersey, Cory Booker. Prosecutors have said Menendez and his wife, Nadine Menendez, accepted gold bars and hundreds of thousands of dollars in exchange for using their influence to interfere with law enforcement probes of three New Jersey businessmen and aid the Egyptian government. Menendez's Senate seat is in play in the 2024 elections.

Persons: Robert Menendez, Nadine Menendez, Mike Segar, Bob Menendez, Dick Durbin, Gary Peters, Cory Booker, Chuck Schumer, Menendez, Richard Cowan, Makini Brice, Moira Warburton, Jamie Freed Organizations: REUTERS, Rights, Democratic, Senate Democrats, Prosecutors, Menendez's Senate, Republican, Thomson Locations: Jersey, Union City , New Jersey, U.S, New Jersey, Menendez's

☆ Congresswoman Waters 'deeply concerned' about PayPal's stablecoin launch
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +1 min

Representative Maxine Waters (D-CA) walks in the chamber of the U.S. House of Representatives ahead of President Joe Biden's first State of the Union Address in the U.S. Capitol in Washington, DC, U.S, March 1, 2022. Sarahbeth Maney/Pool via REUTERSAug 9 (Reuters) - Democrat Congresswoman Maxine Waters said on Wednesday she was "deeply concerned" about payment giant PayPal (PYPL.O) launching its own stablecoin in the absence of a federal framework to regulate digital assets. Earlier this week, PayPal became the first major financial technology firm to embrace digital currencies for payments and transfers with the launch of a U.S. dollar stablecoin, dubbed PayPal USD. "Given PayPal's size and reach, Federal oversight and enforcement of its stablecoin operations is essential in order to guarantee consumer protections and alleviate financial stability concerns," Waters said in a statement. Similar attempts by other well-known non-crypto companies, including Meta Platforms (META.O), to launch a stablecoin have met fierce opposition from financial regulators and policymakers around the world.

Persons: Maxine Waters, Joe Biden's, Sarahbeth, Waters, Manya Saini, Shinjini Organizations: U.S . House, U.S, Capitol, REUTERS, PayPal, Meta, U.S . House Financial, Thomson Locations: Washington , DC, U.S, Bengaluru

Senator Joe Manchin (D-WV) speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2023. Senator Joe Manchin said on Thursday he would oppose the nomination of Julie Su as labor secretary, arguing her "progressive background" would prevent her from forging compromises between labor and industry representatives. President Joe Biden nominated Su, a civil rights lawyer and former California labor commissioner who has served as a deputy labor secretary since 2021, to become labor secretary in February. Su previously served as California's labor secretary. "The president's support for Acting Secretary Su is unwavering, and we hope Senator Manchin and Senator Sinema reconsider their position," the White House official added.

Persons: Joe Manchin, Mike Blake, Julie Su, Manchin, Joe Biden, Su, Marty Walsh, Walsh, Kyrsten Sinema, Biden, Sinema, Bernie Sanders, Rami Ayyub, Nandita Bose, David Shepardson, Kanishka Singh, Jamie Freed Organizations: Milken, Global Conference, REUTERS, WASHINGTON, Democratic U.S, National Hockey League, Democrat, White, White House, U.S ., Thomson Locations: Beverly Hills , California, U.S, California, U.S . West Coast

WASHINGTON, July 12 (Reuters) - Democratic and Republic senators renewed an effort to block any U.S. president from leaving NATO on Wednesday, as leaders of the alliance attended an eventful summit in Vilnius, Lithuania. The joint resolution, seen by Reuters, is a fresh effort by Congress to prevent the president from withdrawing from the alliance without the Senate's approval. Lead sponsors include Democratic Senator Tim Kaine, a member of the Foreign Relations and Armed Services committees, and Republican Senator Marco Rubio, vice chairman of the intelligence committee, who is also a senior member of the foreign relations panel. The current president, Democrat Joe Biden, has been a strong supporter of NATO, backing its expansion and working with other members, especially on the response to Russia's invasion of Ukraine. He is expected to celebrate its unity over Ukraine in a speech at the Vilnius summit on Wednesday.

Persons: Tim Kaine, Marco Rubio, Donald Trump, Kaine, Joe Biden, Patricia Zengerle, Rosalba O'Brien Organizations: Democratic, NATO, Reuters, Atlantic Treaty, Congress, Foreign Relations, Armed Services, Republican, Thomson Locations: Vilnius, Lithuania, United States, Atlantic, Washington, DC, Ukraine, Kyiv

If Biden and McCarthy reach a deal, possibly as soon as Sunday, Congress could struggle to get enough votes for passage ahead of a June. Liberal Democrats, including Senator Raphael Warnock and Representative Ro Khanna, put Biden on notice that they do not support more stringent requirements to existing law. Republicans have called for saving $120 billion by expanding work requirements to qualify for food aid, monetary help for poor families and other assistance. Warnock accused Republicans of "using poor people as pawns" in negotiations, saying their proposal "presupposes that poor people are in some way morally deficient. The Republican-controlled House Ways and Means Committee describes the steps as "common-sense work requirements to help lift families out of poverty and revitalize the American workforce."

☆ US House Democrat to force vote to expel embattled Republican George Santos
▼ + stars: | 2023-05-16 | by ( Moira Warburton | ) www.reuters.com time to read: +2 min

Garcia, who represents a House district in California, used a parliamentary maneuver to force a vote within two days on the motion. "George Santos is a fraud and a liar, and he needs to be expelled by the House," Garcia said in a statement. "Republicans now have a chance to demonstrate to Americans that an admitted criminal should not serve in the House of Representatives." Republican House Speaker Kevin McCarthy has said he would not support Santos's re-election bid. Nine House Republicans have called on Santos to resign, including six from New York.

WASHINGTON, May 16 (Reuters) - Democratic President Joe Biden and top congressional Republican Kevin McCarthy are expected to discuss new work requirements for benefits programs for low-income Americans during Tuesday's debt ceiling negotiations, sources familiar with the talks said. Expanding the work requirements has been a key demand of Republicans, who are also pushing for spending cuts in exchange for their votes to raise the debt limit. "We can raise the debt ceiling if we limit what we're going to spend in the future," McCarthy told reporters. The current deadlock has rattled investors, sending the cost of insuring exposure to U.S. government debt to record highs. 2 Senate Republican John Thune told reporters the talks appear to have "too many cooks."

WASHINGTON, May 16 (Reuters) - Democratic President Joe Biden and top congressional Republican Kevin McCarthy will sit down on Tuesday to try to make progress on a deal to raise the U.S. government's $31.4 trillion debt ceiling and avert an economically catastrophic default. House of Representatives Speaker McCarthy on Tuesday told reporters that his party, which controls the chamber by a 222-213 margin, would only agree to a deal that cuts spending. "We can raise the debt ceiling if we limit what we're going to spend in the future," McCarthy told reporters. Tuesday's White House meeting, which will include Biden, McCarthy, Democratic Senate Majority Leader Chuck Schumer, top Senate Republican Mitch McConnell and top House Democrat Hakeem Jeffries, is due to begin at 3 p.m. EDT (1900 GMT). 2 Senate Republican John Thune told reporters that the talks appear to have "too many cooks."

White House officials have described the talks as constructive, but McCarthy on Monday warned that he believed little progress had been made. Democrats including Senate Majority Leader Chuck Schumer, who is also expected to attend Tuesday's White House meeting, said that talks were proceeding in a "serious way." 'TOO MANY COOKS'Some observers have raised concerns that the five-party talks -- featuring Biden, McCarthy, Schumer, top Senate Republican Mitch McConnell and top House Democrat Hakeem Jeffries -- are too unwieldy to make progress. 2 Senate Republican John Thune told reporters that the talks appear to have "too many cooks." "As we've said all along, it is Biden and McCarthy," Thune said.

"That combination of overclassification and then too many people having clearances has led us to this problem," Warner told a news conference. He said more than 4 million people in the United States now have security clearance. Attorney General Merrick Garland has also appointed special counsels to investigate the handling of classified records by Republican former President Donald Trump and the handling of classified records from his time as vice president by current Democratic President Joe Biden. The path forward for the bills was not immediately clear but the senators said they hoped the recent attention on the clearance issue would help. "This is a piece of legislation that can become law and it is desperately needed for that to happen," Moran said.

☆ Factbox: 2024 US presidential election: who is in, who is out and who is still thinking about it
▼ + stars: | 2023-04-25 | by ( Ross Colvin | ) www.reuters.com time to read: +7 min

Here is a list of declared candidates and other potential 2024 hopefuls in both the Democratic and Republican parties. Scott, 57, has launched a presidential exploratory committee but not yet confirmed he plans to run. The former Kansas congressman was one of Trump's most loyal lieutenants and initially backed his false claims of a stolen presidential election in 2020. She ran as a Democrat in the 2020 presidential primary but dropped out of the race before any votes had been cast. She launched her latest campaign on March 23, saying she wants to challenge Biden in the Democratic nominating race.

☆ Biden pushes for Republican proposal in U.S. debt-ceiling standoff
▼ + stars: | 2023-03-28 | by ( David Morgan | ) www.reuters.com time to read: +3 min

Biden urged the top congressional Republican to spell out his proposals before lawmakers leave Washington for a two-week recess set to start on Thursday. McCarthy told CNBC earlier that he was prepared to lay out $4 trillion in spending cuts for Biden, if he would agree to meet. Republicans have not yet produced a budget plan of their own and could be weeks or months away from doing so. McCarthy's proposals, though lacking detail, paralleled the demands of hard-right House Republicans far more closely than ideas put forward by moderate Republicans. Republicans have sought to blame Biden, but only Congress has the authority to raise the debt ceiling.

WASHINGTON, March 24 (Reuters) - Democratic and Republican U.S. senators urged the Biden administration on Friday to share information with the International Criminal Court that could assist as it pursues war crimes charges against Russian President Vladimir Putin. Last week, the court issued an arrest warrant for Putin, accusing him of the war crime of illegally deporting hundreds of children from Ukraine. The legal move will obligate the court's 123 member states to arrest Putin and transfer him to The Hague for trial if he sets foot on their territory. Although the United States is not a party to the ICC, Biden said last week that Putin has clearly committed war crimes, adding that the ICC warrant was justified. Reporting by Patricia Zengerle; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

[1/2] Saudi Crown Prince Mohammed bin Salman attends an Arab summit with U.S. President Joe Biden (not seen), in Jeddah, Saudi Arabia, July 16, 2022. If the resolution passes, the administration must submit the report within 30 days, or all security assistance to the country automatically stops. After the report is received, the act stipulates that Congress may adopt a joint resolution terminating, restricting or continuing security assistance to that country. Aides said it was too soon to assess how the resolution would be received, but they hoped it would trigger a broader conversation about human rights. Murphy, long a vocal critic of the conflict in Yemen and Riyadh's record on human rights, praised Biden for being willing to reassess ties.

☆ Warren urges Powell to recuse from SVB probe, demands answers of ex-bank CEO
▼ + stars: | 2023-03-14 | by ( Pete Schroeder | ) www.reuters.com time to read: +3 min

Senator Elizabeth Warren on Tuesday called on Federal Reserve Chair Jerome Powell to recuse himself from an internal review of recent bank failures, saying his actions "directly contributed" to them. The Federal Reserve said on Monday it is reviewing its oversight of the bank in the wake of its abrupt failure Friday. Warren argued that Powell's prior support for easing bank rules indicates he should not participate in the review. For the Fed’s inquiry to have credibility, Powell must recuse himself from this internal review," she said in a Twitter post. Reporting by Doina Chiacu and Pete Schroeder; Editing by Susan Heavey and Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ Biden U.S. FCC pick in jeopardy after Democrat Manchin opposes
▼ + stars: | 2023-03-07 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Senator Joe Manchin (D-WV) speaks to reporters following the weekly Democratic caucus luncheon at the U.S. Capitol in Washington, D.C., U.S., November 29, 2022. Senator Joe Manchin said on Tuesday he will vote against confirming Gigi Sohn as a commissioner of the Federal Communications Commission (FCC), potentially imperiling her nomination by President Joe Biden. The open internet laws seek to bar internet service providers from blocking or slowing traffic or offering paid fast lanes. In July 2021, Biden signed an executive order encouraging the FCC to reinstate the open internet net neutrality rules. Reporting by David Shepardson and Katharine Jackson; writing by Rami Ayyub; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

☆ Democratic congresswoman Slotkin announces run for open Michigan Senate seat
▼ + stars: | 2023-02-27 | by ( Katharine Jackson | ) www.reuters.com time to read: +1 min

WASHINGTON, Feb 27 (Reuters) - Democratic U.S. Representative Elissa Slotkin of Michigan on Monday said she will run for the Senate seat being left open by Debbie Stabenow in 2024. Stabenow, 72, a Democrat serving a fourth term in the U.S. Senate, said in January she would not seek re-election. Keeping the seat in Democrats' hands could be vital for the party to maintain control of the Senate in 2025. No widely known Republicans have entered the race for Stabenow's seat so far. Michigan Republicans earlier in February selected Trump loyalist Kristina Karamo to be their next state chair, elevating an election denier as far-right members gain clout in the battleground state.

☆ Democratic U.S. Rep. Cicilline to resign, head Rhode Island foundation
▼ + stars: | 2023-02-21 | by ( ) www.reuters.com time to read: +2 min

In a surprise announcement, Cicilline, a former Providence mayor, said he will become president and CEO of the Rhode Island Foundation, a major funder of nonprofit organizations in the state. "The chance to lead the Rhode Island Foundation was unexpected, but it is an extraordinary opportunity to have an even more direct and meaningful impact on the lives of residents of our state," Cicilline said in a statement. There are 212 Democrats, including Cicilline, and one vacancy that is expected to add another Democrat following voting in a special election on Tuesday. Officials in the Rhode Island governor's office were not immediately available for comment on when that special election might be set. Rhode Island's two U.S. Senate seats and two House seats are currently held by Democrats in this "blue" state.

REUTERS/Evelyn HocksteinWASHINGTON, Feb 9 (Reuters) - Democratic and Republican U.S. lawmakers sharply criticized the U.S. military and the Biden administration on Thursday for failing to shoot down a Chinese spy balloon when it first entered U.S. airspace, instead of waiting a week to do so. Pentagon officials said they were able to monitor the balloon's path and protect and conceal areas sensitive to U.S. national security. Republican Senator Susan Collins said the decision to let the balloon trek across the United States sent the wrong message to China and other U.S. adversaries. "In my judgment, U.S. deterrence was weakened when the spy balloon was permitted to transverse Alaska and several other states, included hovering over sensitive military bases and assets," Collins added. Separately, the House of Representatives on Thursday unanimously backed a resolution condemning the incursion of the balloon as "a brazen violation of United States sovereignty."

Search resuls for: "- Democrat"

25 mentions found