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Yet in the Senate, long a bastion of Republican resistance (or at least hesitancy) to Trump, there are still a number of holdouts. As of January 24, there are still 20 Republican senators — out of 49 total — who have not endorsed Trump's 2024 bid. AdvertisementSome of those senators can be expected to get behind Trump when his nomination becomes official, or at least uncontested. Four current GOP senators — Bill Cassidy of Louisiana, Susan Collins of Maine, Lisa Murkowski of Alaska, and Mitt Romney of Utah — voted to convict Trump for incitement of an insurrection following January 6. AdvertisementYet GOP lawmakers have faced pressure, both from Trump and their voters, to fall in line.
Persons: , Donald Trump's, Nikki Haley, Haley, Ralph Norman of, Trump's, Trump, Mitch McConnell, Bill Cassidy of, Susan Collins of, Lisa Murkowski, Mitt Romney, Utah —, it's, Sen, Todd Young, Young, JD Vance, Ohio, I've, haven't, John Boozman, Arkansas Shelly Moore Capito, West Virginia Bill Cassidy, Louisiana Susan Collins, Maine Joni Ernst, Chuck Grassley, Iowa Ron Johnson, Wisconsin John Kennedy of, Wisconsin John Kennedy of Louisiana James Lankford of, Wisconsin John Kennedy of Louisiana James Lankford of Oklahoma Mitch McConnell, Jerry Moran, Kansas Lisa Murkowski, Alaska Rand Paul of Kentucky Pete Ricketts, Nebraska Mitt Romney, Utah Mike Rounds, South Dakota Dan Sullivan, Alaska John Thune of, Alaska John Thune of South Dakota Thom Tillis, North Carolina Todd Young Organizations: Service, Republican, Business, Trump, Republicans, Senate, Todd Young of Indiana, New, Nebraska, South Dakota, Alaska John Thune of South Dakota, North Carolina Locations: Iowa, New Hampshire, Ralph Norman of South Carolina, Bill Cassidy of Louisiana, Susan Collins of Maine, Alaska, Utah, Arkansas, West, Louisiana, Wisconsin, Wisconsin John Kennedy of Louisiana, Wisconsin John Kennedy of Louisiana James Lankford of Oklahoma, Alaska John Thune of South, Indiana
WASHINGTON (AP) — While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little interest in pushing through legislation to codify the structure of the industry. The latest shoe to drop is Binance’s multibillion dollar settlement with U.S. authorities and the resignation of its CEO this week. When cryptocurrencies collapsed and a number of companies failed last year, Congress considered multiple approaches for how to regulate the industry in the future. Brown has been highly skeptical of cryptocurrencies as a concept and he’s been generally reluctant to put Congress’ blessing on them through legislation. Yesterday’s development marks the same inflection point that we saw earlier at the intersection of the .com and post-.com eras.”
Persons: Sam Bankman, cryptocurrencies, Janet Yellen, Changpeng Zhao, Zhao, Binance, General Merrick Garland, — Binance, Debbie Stabenow, John Boozman, Sen, Sherrod Brown, Brown, He’s, ” Brown, Fried, can’t, , Dennis Kelleher, Yiannis Giokas Organizations: WASHINGTON, Treasury, White, Biden Administration, Binance, U.S . Treasury, U.S, Securities and Exchange Commission, Coinbase, SEC, PayPal, Futures Trading Commission, Agriculture Committee, U.S ., Financial Services, Senate, Consumer, Better, Moody’s Analytics, U.S . Authorities Locations: Washington, United States, Cayman Islands, Ohio, stablecoins, U.S
When cryptocurrencies collapsed and a number of companies failed last year, Congress considered multiple approaches for how to regulate the industry in the future. Ironically, the failure of Bankman-Fried's FTX and his subsequent arrest late last year may have contributed to the momentum for regulation stalling out. Before FTX imploded, Bankman-Fried spent millions of dollars — illegally taken from his customers it turns out — to influence the discussion around cryptocurrency regulation in Washington and push for action. “Moreover, almost everything the crypto industry does is clearly covered by existing securities and commodities laws that every other law-abiding financial firm in the country follow," he said. Bartlett Collins Naylor, a financial policy advocate for Public Citizen's Congress Watch said “laws on fraud and securities are currently sound.”__Hussein reported from Lewiston, Maine
Persons: Sam Bankman, cryptocurrencies, FTX, Fried, , Sens, Debbie Stabenow, John Boozman, Sen, Sherrod Brown, Brown, He’s, ” Brown, can’t, Joe Biden, Dennis Kelleher, Bartlett Collins Naylor, __ Hussein Organizations: Securities and Exchange Commission, Coinbase, PayPal, SEC, Commodities Futures Trading Commission, Agriculture Committee, U.S ., Financial Services, White, Federal Reserve, Consumer, Better, Public Citizen's, Watch Locations: PALM SPRINGS, Calif, Washington, Ohio, stablecoins, Lewiston , Maine
Lawmakers React to the Hamas Attack on Israel
  + stars: | 2023-10-09 | by ( Kaia Hubbard | Oct. | At P.M. | ) www.usnews.com   time to read: +35 min
The Hamas terrorist attack on Israel is reprehensible. Israel is under heavy attack right now by Hamas and taking action to defend itself and its people. Israel has every right to defend itself.”Sen. Jon Tester, Montana Democrat“I strongly condemn the terrorist attacks launched by Hamas against our ally Israel. I will continue to closely monitor the situation.”Sen. Maggie Hassan, New Hampshire Democrat“Hamas’s terrorist attack on Israel is nothing short of horrifying. Israel has every right to defend itself from this unjust war.”Sen. Ron Wyden, Oregon Democrat“The terrorist attack on Israel is appalling.
Persons: Hakeem Jeffries, , Steve Scalise, ” Kevin McCarthy, ” Chuck Schumer, , Herzog –, ” Mitch McConnell, ” Tom Emmer, ” Katherine Clarke, ” Dick Durbin, ” John Thune, ” Sen, Debbie Stabenow, Michigan Democrat “, Israel, Amy Klobuchar, Mark Warner, Elizabeth Warren, Massachusetts Democrat “, Bernie Sanders, Cory Booker, Cory Booker , New Jersey Democrat “, Joe Manchin, West Virginia Democrat “, Tammy Baldwin, Wisconsin Democrat “, Gary Peters, Gary Peters , Michigan Democrat “, Catherine Cortez Masto, Brian Schatz, Hawaii Democrat “, Jeff Merkley, Oregon Democrat “, John Barrasso, Joni Ernst, Iowa Republican “, Sen, Shelley Moore Capito, West Virginia Republican “, Steve Daines, Montana Republican “, Mike Lee, Mike Crapo, Chuck Grassley, Tommy Tuberville, Katie Britt, Lisa Murkowski, Dan Sullivan, Kyrsten, Mark Kelly, John Boozman, Tom Cotton, Arkansas Republican “, Alex Padilla, Laphonza Butler, California Democrat “, today’s, Michael Bennet, Colorado Democrat “, John Hickenlooper, 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House Republicans have begun to make January 6 security camera footage publicly available. I watched as lawmakers fled for safety — and banded together — while rioters besieged the Capitol. AdvertisementAdvertisementRoger Stone in front of the O’Neill House Office Building, where the January 6 security camera footage can be viewed, in December 2021. Upstairs, I focused on a lone security camera in front of the House chamber. On another security camera in Longworth House Office Building, I watched lawmakers of both parties gathering near the secure location where they sheltered for the duration of the riot.
Persons: Kevin McCarthy, Tucker Carlson, Roger Stone, Anna Moneymaker, I'd, , Cori Bush, Bush, Steny Hoyer —, Madison Cawthorn, Eric Swalwell, Mike Pence —, Pence, Republican Sen, John Boozman, Democratic Sen, Dianne Feinstein, Lisa Murkowski, Dan Sullivan, Kevin Cramer, Sen, Jim Inhofe, Sheldon Whitehouse, Ashli Babbitt, there's, Barry Loudermilk Organizations: Republicans, Capitol, Service, House Republicans, Fox News, Administration, O'Neill, US Capitol Police, United States Capitol Police, Cannon House, Democratic, Rayburn House, Lawmakers, Republican, Democrat, Capitol Police, Republican Rep Locations: Wall, Silicon, O’Neill, Hart, Hart , Alaska Sens
Boeing's role in building NASA's new rocket
  + stars: | 2023-01-20 | by ( Jackie Wattles | ) edition.cnn.com   time to read: +18 min
The mobile launcher with NASA's SLS rocket and Orion spacecraft rolls out of the Vehicle Assembly Building's High Bay 3 to Launch Complex 39B on Tuesday, Aug. 16, 2022, at NASA's Kennedy Space Center in Florida. “I worked over 50 Space Shuttle launches,” Boeing SLS program manager John Shannon told CNN by phone. Though more than 1,000 companies were involved with designing and building SLS, Boeing’s work involved the largest and most expensive portion of the rocket. The SLS rocket ended up flying its first launch more than six years later than originally intended. All of the “major components” for a third SLS rocket are also completed, Shannon added.
Kevin McCarthy even vowed to block House consideration of bills sponsored by GOP senators who voted for it. But a slew of GOP senators voted for it anyway, including 4 who are retiring and 14 who will remain. "Kevin's in a tough spot," Republican Sen. Kevin Cramer of North Dakota, a former House Republican and an opponent of the omnibus himself, told CNN's Manu Raju. "Statements like that... is the very reason that some Senate Republicans feel they probably should spare them from the burden of having to govern." Additionally, four Republican senators who voted for the bill are retiring, making the threat meaningless to them.
If it is signed into law, the omnibus bill would address the summer food gap low-income families face in two ways. It would permit “grab-and-go” free summer meals to be distributed in rural communities as part of the nationwide Summer Food Service Program, expanding access for more children in need. The Summer EBT program would start in 2024. And so having options like Summer EBT, having options like grab-and-go, other noncongregate options, is the way to be able to do that.”The summer nutrition program expansions in the bill were championed by Sens. "We know too often children who are able to get healthy meals in school go hungry during the summer.
News of the FTX's fall first prompted questions to lawmakers about Bankman-Fried's political donations. Bill Cassidy of Louisiana and John Boozman of Arkansas said they would donate Bankman-Fried’s campaign contributions, though they did not specify the charities they intended to donate the money to. Bankman-Fried also poured millions into super PACs that support candidates outside of their campaigns, including the Senate Majority PAC, or SMP, a super PAC supporting Democratic Senate candidates. The disclosed sums likely don't capture the full breadth of Bankman-Fried's political spending. "The candidates who received money from dark money organizations don't really have to answer for it," Sherman said.
“Nearly every single state in the nation has passed at least one significant gun safety law since Sandy Hook,” concluded the report, first obtained by NBC News. Gun violence has gone from being a political third rail to a kitchen table topic in just ten years. Nearly every American will know a victim of gun violence in their lifetime.”Former Rep. Gabby Giffords, D-Ariz., hugs Rep. Lucy McBath, D-Ga., at the Giffords Gun Violence Memorial in front of the Washington Monument in Washington, D.C., on June 7. Still, gun safety advocates face tall hurdles to achieving other goals, like banning semi-automatic assault-style weapons and large-capacity ammunition. Republicans just won control of the House, almost certainly ending hopes for stricter gun laws for the foreseeable future.
The Campaign Legal Center fights against lawlessness and unethical behavior in politics. Brendan Quinn, a spokesperson for the Campaign Legal Center, says the nonprofit organization cannot return or give away Bankman-Fried's money because the money is already spent. Asked whether the Campaign Legal Center would consider disgorging an amount of money equivalent to what Bankman-Fried contributed, Quinn noted that the Campaign Legal Center is not a political candidate or committee. The Campaign Legal Center has not yet provided Insider a copy, first requested December 2, of the most recent IRS 990 tax document filed by Campaign Legal Center Action, its advocacy arm. Former President Donald Trump has been a frequent target of the Campaign Legal Center's legal and ethics efforts.
The answer is simple, according to more than a dozen Washington insiders, FTX employees, and crypto industry observers who spoke with Insider. I don't think anyone believed that he was going to fund candidates who were, quote unquote, committed to ending pandemics who were also hostile to the crypto industry." Alex Wong/Getty ImagesRebuffed by the SEC, Bankman-Fried turned his attention to Congress. "It's not that he was welcoming regulation," says the senior figure in the crypto industry who attended meetings with Bankman-Fried. But while Bankman-Fried was busy wooing Washington, FTX was about to become Exhibit A in the case for more effective oversight of the crypto industry.
WASHINGTON—Senators with a plan to regulate cryptocurrencies are due to question the Commodity Futures Trading Commission’s chairman about the failure of the digital-asset exchange FTX and on legislation that would give that agency more power over the volatile market. CFTC Chairman Rostin Behnam is scheduled to testify at Thursday’s hearing of the Senate Agriculture Committee. The panel’s chairwoman, Sen. Debbie Stabenow (D., Mich.), and its ranking member, Sen. John Boozman (R., Ark. ), introduced a bill that would regulate trading in bitcoin, ether and some other cryptocurrencies through the commission. Giving the CFTC, a relatively small agency, authority to police trading in the most valuable crypto assets would mark a substantial expansion of its authority.
The hearing, entitled "Lessons Learned From the FTX Collapse, and the Need for Congressional Action", will take place at 10am Eastern Time (1500 GMT). The committee, which oversees the CFTC, could also press Behnam on meetings between the commodities regulator and FTX staff, including founder Sam Bankman-Fried. The CFTC had “many meetings” with FTX over its application to directly clear customer trades, Behnam said Monday at a Financial Times event. Offices for Sen. Debbie Stabenow, the Democratic chair of the Senate Agriculture Committee, along with its Republican ranking member Sen. John Boozman did not immediately respond to a request for comment. Many Senate Agriculture Committee members have previously agreed with Behnam that the CFTC should take on a larger role.
REUTERS/Jonathan Ernst/File PhotoNEW YORK, Dec 1 (Reuters Breakingviews) - A congressional grilling on cryptocurrency answered a lot of questions, but far more about the ignorance on Capitol Hill than digital currencies. More bizarrely, Roger Marshall, also a Republican, suggested a “pause in this cryptocurrency digital world” while Congress gets its “arms around it,” a process he said could take years. Marshall also referenced central bank digital currencies, but those will fall under the U.S. Federal Reserve’s purview if the central bank approves such a project. Bitcoin has been around for more than a decade, however, and Congress has failed to craft relevant laws to oversee crypto. The hearing was the first of several planned to examine FTX’s bankruptcy, cryptocurrency regulation, and agency jurisdiction over digital assets.
U.S. senator urges legislation after FTX collapse
  + stars: | 2022-11-11 | by ( David Shepardson | ) www.reuters.com   time to read: +2 min
WASHINGTON, Nov 10 (Reuters) - U.S. Senate Agriculture Committee chair Debbie Stabenow said on Thursday the U.S. Congress needs to pass legislation in the wake of the collapse of cryptocurrency exchange FTX. The Committee, remains committed to advancing the Digital Commodities Consumer Protection Act to bring necessary safeguards to the digital commodities market," Stabenow said. She added that she is working with the panel's top Republican John Boozman, financial regulators and others "to finalize and prepare this legislation for a committee vote." Earlier on Thursday Senate Banking Committee Chair Sherrod Brown said it is critical that U.S. financial agencies investigate what led to the FTX collapse. "Until legislation is enacted, I encourage all financial regulators to use their current authorities to the fullest extent to regulate and prosecute misconduct in these markets," Stabenow said.
Crypto companies are eager to back industry-friendly political candidates. The election comes at a time of turmoil for the crypto industry. FTX's CEO Sam Bankman-Fried has far outspent all others in the crypto industry. WHAT IS THE CRYPTO INDUSTRY LOOKING TO GET IN RETURN? Crypto companies such as Circle want lawmakers to create a framework for stablecoins to help mature the industry and codify consumer protections.
Sen. John Boozman is running against Democrat Natalie James to represent Arkansas in the US Senate. Boozman is one of 22 Republican US Senate candidates Donald Trump has endorsed. Arkansas' Senate race candidatesTwo-term Republican incumbent Boozman currently serves as a ranking member on the Senate Committee on Agriculture, Nutrition and Forestry. Since 1968, Arkansas has gone Republican in 10 of 13 elections, and the Republican margin of victory has increased in each of the last five elections. According to OpenSecrets, Boozman has raised $7.4 million, spent $6.7 million, and has $1.1 million cash on hand, as of October 19.
Republican Sarah Huckabee Sanders is running against Democrat Chris Jones in Arkansas' gubernatorial race. Sanders, a former Trump administration official, is the daughter of former Arkansas Gov. Election 2022 Arkansas Results Explore more election results Alaska Arizona California Colorado Connecticut Florida Georgia Illinois Indiana Iowa Kansas Maine Maryland Massachusetts Michigan Minnesota Nevada New Hampshire New Mexico New York North Carolina Ohio Oregon Pennsylvania Rhode Island Texas Virginia Washington WisconsinRepublican Sarah Huckabee Sanders faces off against Democrat Chris Jones in Arkansas' gubernatorial election. Arkansas' gubernatorial candidatesSanders is the daughter of former Arkansas Gov. Jones, Sanders' opponent, is a nuclear engineer with a Ph.D. in urban planning from the Massachusetts Institute of Technology.
Republican Sarah Huckabee Sanders ran against Democrat Chris Jones in Arkansas' gubernatorial race. Senate Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Governor Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Statehouse Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Republican Sarah Huckabee Sanders defeated Democrat Chris Jones in Arkansas' gubernatorial election, becoming the state's first elected woman governor.
loading"A competitor is trying to go after us with false rumors," FTX's Bankman-Fried said in a series of tweets on Monday. According to CoinDesk's report, much of Alameda's $14.6 billion in assets are held in FTX's token, which is called FTT. Reuters was unable to independently verify the accuracy of the report or the origin of the leaked balance sheet. Since the CoinDesk report on Nov. 2, FTX's token has shed around $400 million from its market cap as traders sold the token. With a market cap of around $3 billion, FTX's token ranks as the 28th largest cryptocurrency, according to CoinGecko.
WALPAC donated almost 50-50 to Democratic and Republican federal candidates for the midterms. Walmart's PAC donated to 41 candidates who denied the 2020 presidential election results, ProPublica found. Of that, about 53% went to Republican candidates, and 47% went to Democrats. Some members of Congress, particularly among Democrats, also reject any corporate PAC contribution — WALPAC or otherwise — as a matter of practice. However, the company did donate a significant amount of money to candidates who voted against certifying the 2020 presidential election results.
Brian Kemp to become the state’s first Black governor — she’d also be the first Black woman in the country’s history to hold a governor seat. In Maryland, Rep. Anthony Brown could be the state’s first Black attorney general if he defeats Republican Michael Peroutka. Smaller historic races include Rep. Karen Bass’ bid to become Los Angeles’ first Black woman mayor. Flowers would be the first Black woman to hold the office in Alabama, and she’s already made history as the first Black woman from either major party to win the nomination for governor. If successful, she would be the first Black woman elected to the chamber in the state’s history.
Crypto financier Ryan Salame has donated millions to Republican candidates. Three of the candidates Salame supported this year railed against COVID restrictions. The three Republican candidates have all clashed with COVID restrictions in their attempts to woo the MAGA faithful to their side. Hines took to Twitter in August 2021 to lobby against vaccine mandates of any kind. "Ban COVID-19 Vaccine Mandates in our workplaces, our children's schools, and throughout #NC13!"
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