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The American right’s growing embrace of Orbán builds upon millions of dollars that his government has spent on lobbying in the US, and new connections between Hungarian and American conservative think tanks. “Make America great again, make Europe great again!” Orbán declared in English, before continuing in Hungarian: “Go Donald Trump! Conservatives from around the US, Europe and beyond traveled to Budapest for the two-day event, which was organized by a Hungarian government-funded think tank. Two American nonprofits that are actively planning policies for a second Trump term have shown an interest in Hungary and Orbán’s model. But some of the American conservatives who flew into the country for CPAC seemed more focused on the optics of Budapest than on democratic rights.
Persons: crackdowns, , Viktor Orbán, Orbán, Donald Trump’s, ” Orbán, Donald Trump !, ” Trump, , Trump, Steve Bannon, President Trump, Gladden Pappin, Szilard Koszticsak, White, ” Pappin, “ saviors, Bannon, Kari Lake, Mark Meadows, Andy Harris, Zoltan Mathe, Paul Gosar, Christopher Rufo, István, Ron DeSantis, Trumpists, Kim Lane Scheppele, Orbán’s, Zsuzsanna Szelényi, ” Szelényi, Márton Gulyás, influencers strode, Joey Mannarino, ” Kyung Lah, Anna, Maja Rappard, Casey Tolan, Curt Devine Organizations: Hungary CNN —, Republican, Conservative, Trump, European Union, Hungarian Institute of International Affairs, Conservative Political, “ Conservative, White House, , Republican Arizona, CNN, Department of Justice, Southern Poverty Law, Heritage Foundation, America, Policy Institute, Institute, Florida Gov, Princeton Locations: Budapest, Hungary, American, Europe, Lago, Dallas, America, Hungarian, Arizona, United States, Paul Gosar of Arizona, Florida, “ Hungary, marveled, New York, Washington
Countdown to government shutdown: Here's what you need to know
  + stars: | 2023-11-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCountdown to government shutdown: Here's what you need to knowRep. Andy Harris,(R-MD) join ‘Squawk on the Street’ to discuss House Speaker Mike Johnson's plan to avert government shutdown and more.
Persons: Andy Harris, ‘ Squawk, Mike Johnson's Organizations:
The White House sought to pin blame for the outlook change, which cited the high deficit and rising interest rates, on Republicans. "Moody's decision to change the U.S. outlook is yet another consequence of congressional Republican extremism and dysfunction," White House spokesperson Karine Jean-Pierre said. House Republicans hope to vote on Tuesday on a stopgap measure, which could extend discretionary funding for federal agencies into mid-January. Representative Chip Roy, a prominent member of the hardline House Freedom Caucus, said he could accept a stopgap measure that also contains aid to Israel in its war with Hamas. McCarthy opted for the bipartisan route after hardliners blocked a Republican stopgap measure with features intended to appease the party's far right.
Persons: Mike Johnson, Sarah Silbiger, Moody's, Andy Harris, Karine Jean, Pierre, Joe Biden, Tom Cole, Cole, Johnson, Chip Roy, Roy, Biden, Johnson's, Kevin McCarthy, McCarthy, David Morgan, Scott Malone, Daniel Wallis Organizations: U.S, Capitol, REUTERS, Rights, . House, Republicans, AAA, Republican, White, Democratic, Caucus, Texas Republican, Social Security, Thomson Locations: Washington , U.S, U.S, Mexico, Washington, Israel, Ukraine
Moody's is the last of the three major rating agencies to maintain a top rating for the U.S. government. Fitch changed its rating from triple-A to AA+ in August, joining S&P which has had an AA+ rating since 2011. “While the statement by Moody’s maintains the United States’ AAA rating, we disagree with the shift to a negative outlook. The sharp rise in Treasury yields "has increased pre-existing pressure on US debt affordability," Moody's said. “Moody’s just downgraded our credit rating outlook to negative because of our out-of-control government spending and deficits," hardline Republican Representative Andy Harris said on X, formerly known as Twitter.
Persons: Shannon Stapleton, Joe Biden's, Fitch, Moody's, Karine Jean, Pierre, Moody’s, Wally Adeyemo, Adeyemo, Biden, Quincy Krosby, Donald Trump, Mike Johnson, “ Moody’s, Andy Harris, , Richard Rohan Francis, Davide Barbuscia, Andrea Shalal, David Morgan, Caroline Valetkevitch, Ira Iosebashvili, Megan Davies, Shilpi Majumdar, Shounak Dasgupta, David Gregorio, Chris Reese Organizations: REUTERS, . House, U.S ., Aaa, White, Republican, States ’ AAA, Treasury, Reserve, LPL, New York Times, Republicans, Democratic, Thomson Locations: New York City, U.S, WASHINGTON, American, Siena, Nevada , Georgia, Arizona , Michigan, Pennsylvania, Trump, Wisconsin
Moody's changes US ratings outlook to negative, affirms AAA
  + stars: | 2023-11-10 | by ( ) www.reuters.com   time to read: +7 min
REUTERS/Shannon Stapleton/File Photo Acquire Licensing RightsNov 10 (Reuters) - Moody's on Friday changed the outlook on the government of United States of America's ratings to "negative" from "stable". Moody's affirmed the long-term issuer and senior unsecured ratings at "Aaa". COMMENTS:REPUBLICAN REPRESENTATIVE ANDY HARRIS, ON X SOCIAL MEDIA“Moody’s just downgraded our credit rating outlook to negative because of our out-of-control government spending and deficits. "I don't think that there is a significant consequence. WALLY ADEYEMO, DEPUTY SECRETARY OF THE TREASURY"While the statement by Moody’s maintains the United States’ Aaa rating, we disagree with the shift to a negative outlook.
Persons: Shannon Stapleton, Moody's, ANDY HARRIS, JOHN CORNYN, ” STEVEN RICCHIUTO, you've, ” THIERRY WIZMAN, MACQUARIE, “ Moody’s, ” MICHAEL GREEN, JACK ABLIN, CHICAGO “, it's, , ” QUINCY KROSBY, CAROL SCHLEIF, We've, CHRISTOPHER HODGE, KARINE JEAN, PIERRE, Moody’s, WALLY ADEYEMO, Biden Organizations: REUTERS, Aaa, Moody’s Investors Service, Capitol, FX, NEW, Republicans, Democrats, BMO, KARINE, Republican, Congressional Republicans, States ’ Aaa, Biden Administration, Global Finance, Markets, Thomson Locations: New York City, U.S, United States, MIZUHO, Japan, CHICAGO, CHARLOTTE, NORTH CAROLINA, MINNEAPOLIS , MN, American
[1/2] Newly elected Speaker of the House Mike Johnson (R-LA) addresses the U.S. House of Representatives after he was elected to be the new Speaker at the U.S. Capitol in Washington, U.S., October 25, 2023. Despite signs of some bipartisan talks between the chambers, Johnson has been focused on finding a solution that his 221-212 House Republican majority can accept. The choice will test Johnson's effectiveness as the top Republican in Congress, just two weeks after he was chosen following nearly a month of Republican infighting. Johnson, 51, a relative novice in leadership politics with few political enemies, continues to enjoy goodwill within the fractious House Republican caucus. "The four corners are talking," said Schumer, using a term that refers to Johnson, Senate Republican leader Mitch McConnell, House Democratic leader Hakeem Jeffries and himself.
Persons: Mike Johnson, Elizabeth Frantz, Johnson, David Joyce, Andy Harris, you've, Mike Simpson, Kevin McCarthy, Harris, Chuck Schumer, Schumer, Mitch McConnell, Hakeem Jeffries, David Morgan, Scott Malone, David Gregorio Our Organizations: U.S . House, U.S, Capitol, REUTERS, Rights, Republican, Democratic, Senate, Committee, Republicans, Louisiana Republican, House Democratic, New York Democrat, Thomson Locations: Washington , U.S, Louisiana
WASHINGTON, July 6 (Reuters) - U.S. Representative Marjorie Taylor Greene, a staunch ally of former President Donald Trump, has been voted out of the hardline House Freedom Caucus group after clashing with a fellow lawmaker, a caucus member said. "A vote was taken to remove Marjorie Taylor Greene from the House Freedom Caucus for some of the things she's done," Republican Representative Andy Harris told Politico, adding that Greene's support for House of Representatives Speaker Kevin McCarthy may have also contributed to her ouster from the group. In a statement to the media on Thursday evening, Greene did not directly address her Freedom Caucus membership but said: "In Congress, I serve Northwest Georgia first, and serve no group in Washington." A spokesperson for the House Freedom Caucus, founded in 2015, said in an email: "HFC does not comment on membership or internal process." In 2021, when Democrats controlled the House, they stripped Greene of her committee assignments for incendiary remarks that included support for violence against political opponents.
Persons: Marjorie Taylor Greene, Donald Trump, firebrand Greene, Lauren Boebert, Joe Biden, Andy Harris, Kevin McCarthy, Harris, Greene, Trump, Politico, McCarthy, Biden, Kanishka Singh, David Morgan, Doina Chiacu, Scott Malone, Daniel Wallis Organizations: Caucus, Democratic, House, Politico, Northwest, Republican, Republicans, Thomson Locations: Georgia, Northwest Georgia, Washington, America
WASHINGTON, July 6 (Reuters) - U.S. Representative Marjorie Taylor Greene, a staunch ally of former President Donald Trump, has been voted out of the ultra-conservative Freedom Caucus group in the House of Representatives, Politico reported on Thursday. "A vote was taken to remove Marjorie Taylor Greene from the House Freedom Caucus for some of the things she's done," Republican Representative Andy Harris was quoted as saying by the political news outlet. A House Freedom Caucus spokesperson said in an email: "HFC does not comment on membership or internal process." The formal vote came shortly after reports that Greene and fellow caucus member Representative Lauren Boebert got into a heated clash on the House floor last month, with Greene hurling insults at Boebert. "I think the way she referred to a fellow member was probably not the way we expect our members to refer to other fellow, especially female, members," Harris told Politico, referring to Greene.
Persons: Marjorie Taylor Greene, Donald Trump, Andy Harris, Greene, Lauren Boebert, Harris, Politico, Kevin McCarthy, McCarthy, Joe Biden, Kanishka Singh, David Morgan, Doina Organizations: Freedom Caucus, Politico, House, Caucus, Maryland Republican, Republicans, Republican, Democratic, Thomson Locations: Georgia, Washington
Rep. Marjorie Taylor Greene has reportedly been kicked out of the House Freedom Caucus. The vote came shortly after Greene called fellow GOP Rep. Lauren Boebert a "bitch" on the House floor. Historically, the Freedom Caucus has clashed with GOP leaders, most notably former Speaker John Boehner. For her part, Boebert told The Daily Beast that she defended Greene's comments on free speech grounds. A spokesperson for the Freedom Caucus did not immediately respond to a request for comment.
Persons: Marjorie Taylor Greene, Greene, Lauren Boebert, , Andy Harris, Harris, Boebert, Kevin McCarthy, John Boehner, Joe Biden, Semafor, Greene's, Justin Amash, Donald Trump, Amash Organizations: Politico, CNN, GOP, Service, Republican, Caucus, Maryland Republican, Georgia Republican, Conservatives, Daily, Colorado Republican, Freedom Caucus Locations: Michigan
“A vote was taken to remove Marjorie Taylor Greene from the House Freedom Caucus – for some of the things she’s done,” Harris told reporters Thursday. According to Harris, Greene can no longer attend weekly meetings as they are reserved for members. A spokesperson for Boebert declined to say how she voted at the June Freedom Caucus meeting. “There was nothing personal about Congresswoman Boebert’s vote regarding MTG’s membership status in the House Freedom Caucus,” Boebert spokesperson Joey Hungerford said in a statement. Unlike the majority of the House Freedom Caucus, Greene stood by McCarthy in his fight to become speaker and opposed members of the group who blockaded the House floor for a week over the debt ceiling deal House GOP leaders negotiated with the White House.
Persons: Marjorie Taylor Greene, Andy Harris of, , ” Harris, Harris, Greene, , ” Greene, Trump, Lauren Boebert, Boebert’s, Joey Hungerford, Scott Perry, Kevin McCarthy, McCarthy Organizations: CNN, GOP, Republican, House, Politico, Caucus, , Northwest, White Locations: Georgia, Andy Harris of Maryland, Northwest Georgia, Washington, America, Colorado, Pennsylvania
The MAGA faithful rallied around a twice-indicted Trump, and pointed fingers at Joe Biden. They claim the indictment distracts people from a $5 million bribe that Biden received. Greene tweeted on Thursday: "This is what Joe Biden got paid $5 million to do. President Donald Trump will be back in the White House and Joe Biden will be Hunter's cellmate," he wrote. Sen. Marsha Blackburn from Tennessee tweeted: "Now that President Biden is reportedly involved in a $5 million bribery scheme with a foreign nation, what does the DOJ do?
Persons: MAGA, Trump, Joe Biden, Biden, Marjorie Taylor Greene, Matt Gaetz, Lauren Boebert, , Donald Trump, he's, Greene, Marjorie Taylor Greene 🇺🇸 ( Organizations: Service, Twitter, DOJ,
Yet some business-technology professionals are uneasy about integrating it into the enterprise stack, citing concerns over its use of online data and security risks. But at the moment, ChatGPT “should be used with caution in an enterprise business setting,” she said. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. For now, Mr. Schmidt said, generative AI capabilities should be reserved for writing corporate boilerplate—product or service announcements, or other promotional materials. For enterprise information-technology, “ChatGPT use cases might be a smaller universe than people are imagining,” he said.
Rep. Dan Bishop of South Carolina , one of 13 holdouts who flipped to back McCarthy on the 12th ballot, will continue to serve on the Judiciary Committee. , one of 13 holdouts who flipped to back McCarthy on the 12th ballot, will continue to serve on the Judiciary Committee. , who flipped to McCarthy on the 12th ballot, won a seat on the Homeland Security Committee. , who also flipped to McCarthy on the 12th ballot, won a new seat on the powerful Appropriations Committee, which controls federal spending. Rep. Mary Miller of Illinois , who flipped to McCarthy on the 12th ballot, will remain on the Agriculture Committee.
Share this -Link copiedMcCarthy elected speaker in 15th round McCarthy was elected House speaker Saturday shortly after midnight on the 15th ballot. Share this -Link copiedHouse reconvenes to hold 14th round of speaker votes The House has reconvened to begin the 14th round of speaker votes. Read the rest of the story, The House speaker election, in three charts. Share this -Link copiedHouse begins 13th round The House is beginning the 13th round of speaker votes. At least 14 House GOP flip to support McCarthy in twelfth speaker vote Jan. 6, 2023 01:52 Share this -Link copied
JOSH BRECHEEN - FLIPPEDThe Oklahoman freshman went for McCarthy on Friday afternoon, saying a deal "will allow conservatives to rein in out-of-control spending." ANDREW CLYDE - FLIPPEDClyde of Georgia is a member of the hard-right House Freedom Caucus, which is driving opposition to McCarthy. He moved to support McCarthy on Friday. ANDY BIGGS - OPPOSEDThe Arizona lawyer ran against McCarthy in the first round of voting for speaker. MATT ROSENDALE - OPPOSEDThe lone congressman from Montana has remained opposed to McCarthy, voting repeatedly for fellow Republican Kevin Hern instead.
Trump's allies repeatedly rejected Kevin McCarthy as House speaker, displaying his power's limits. A week of House speaker chaos revealed one thing about Donald Trump: He can't get his MAGA house in order. The drama started on Tuesday, and it wasn't until Friday that McCarthy managed to make headway in flipping members' votes. "The president needs to tell Kevin McCarthy that, 'Sir, you do not have the votes, and it's time to withdraw.'" House members who are responding to the MAGA base have no reason to fear Trump on this, he said.
Generative AI firms, the category that ChatGPT falls under, saw big valuations in the past year. But even before the rise of ChatGPT, the space was buzzing as generative AI companies began raising large amounts of cash from venture capital. Startups using generative AI rose eyeball-popping amounts in the past year, especially during an overall bad year for VC investments. A hot market gets even hotterInvesting in generative AI and machine learning is nothing new for VCs. Defensibility is a key concern for generative AI startups that rely on OpenAI.
In the third round of voting on Tuesday, all 20 of the lawmakers defying Mr. McCarthy voted for Jim Jordan of Ohio instead. Mr. Jordan, who himself voted for Mr. McCarthy, is a founding member of the Freedom Caucus and has repeatedly cast doubt on the 2020 election. Nineteen Republicans did not support Mr. McCarthy on the first two votes, casting their ballots for others, including Mr. Biggs and Mr. Jordan. 1st Zeldin Jordan Jordan Luna , Fla. 13th Fla. 13th Jordan Jordan Jordan Miller , Ill. 15th Ill. 15th Jordan Jordan Jordan Norman , S.C. 5th S.C. 5th Biggs Jordan Jordan Ogles , Tenn. 5th Tenn. 5th Jordan Jordan Jordan Perry , Pa. 10th Pa. 10th Biggs Jordan Jordan Rosendale , Mont. 2nd Biggs Jordan Jordan Roy , Texas 21st Texas 21st Donalds Jordan Jordan Self , Texas 3rd Texas 3rd Jordan Jordan JordanLee Zeldin, a former representative from New York, received one vote (from Andy Harris of Maryland) on the first ballot.
While the majority party has elected their nominee on the first ballot over the past century, this year could be different. Members vote "viva voice," meaning they stand when their names are called by a reading clerk and verbally announce who they are voting for. Members can vote for anyone (even people who are not members of the House), vote present, or not vote at all. If every member doesn't show up, or if some vote present instead of supporting a candidate, that decreases what the majority vote needs to be. Political parties are much stronger now than they were then, when House members were often more loyal to their region.
Kevin McCarthy's race to become House Speaker looks set to go down to the wire. Several hardline GOP lawmakers are making further demands before McCarthy can secure their votes. The House GOP then announced several concessions in a provisional rules package, per CNN. Among the issues being thrashed out is the procedure for ousting a House Speaker, something that some conservative hardliners want to make far easier. On Sunday's call, McCarthy agreed to set the threshold to five lawmakers, CNN reported.
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