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Watch CNBC's full interview with Mark Kelly and Barton Crockett
  + stars: | 2023-02-02 | 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 EmailWatch CNBC's full interview with Mark Kelly and Barton CrockettStifel Nicolaus analyst Mark Kelley and Barton Crockett, senior analyst at Rosenblatt Securities, join 'Squawk on the Street' to explain why they both have a buy rating on Meta.
77 members of Congress violated the STOCK Act in the 117th session of Congress. The Stop Trading on Congressional Knowledge Act of 2012 is designed to curb insider trading and requires timely disclosure of financial trades. But a decade on, Republican and Democratic lawmakers alike routinely violate the STOCK Act: 40 Republicans and 37 Democrats in the current Congress violated the law, per Insider's tally. Some members of Congress violated the law more egregiously than others. GOP Rep. Pat Fallon of Texas, for example, violated the STOCK Act multiple times and waited months to disclose up to $17 million in trades.
New York CNN Business —Taiwan Semiconductor Manufacturing Company is upping its investment in the United States, announcing Tuesday that it’s building a second semiconductor factory in Arizona and raising its investment there from $12 billion to $40 billion. On Tuesday afternoon, Biden plans to visit the manufacturer’s site in Phoenix and speak about bringing jobs and investment to the state. TSMC previously announced that it was building a $12 billion facility in Arizona that will eventually manufacture 3-nanometer chips, TSMC’s most advanced technology. The White House is touting the new investments as a direct result of Biden’s economic plan, including the $200 billion CHIPS and Science Act. The facility Biden will visit Tuesday in Phoenix is slated to begin producing chips in 2024.
Voters in Arizona have approved a ballot initiative to extend in-state college tuition to qualifying students regardless of immigration status, the Associated Press has reported. Proposition 308 will allow students, including those who are undocumented, to pay in-state college rates if they've attended Arizona high schools for at least two years. Mark Kelly and Kyrsten Sinema to Republicans like Arizona state House Speaker Rusty Bowers and former Arizona Republican gubernatorial candidate Karrin Taylor Robson. The outcome signals a stark contrast and shift from Arizona's 2006 Proposition 300, which prohibited undocumented people from receiving in-state tuition and state financial assistance. More than 71% of Arizona voters at the time voted in favor of the proposition.
Control of the Senate - and the shape of President Joe Biden's next two years in office - will now hinge on contests in Nevada and Georgia. Democrats needed one more seat for control, since Vice President Kamala Harris can cast the tie-breaking vote. Political analysts anticipate a rush of campaign funds into Georgia as Republicans and Democrats gear up for the final battle of the 2022 midterm elections. In the fight for control of the House of Representatives, Republicans were inching closer to becoming the majority and ending four years of rule by Democrats. The Republican House leader, Kevin McCarthy, has already announced his intention to run for speaker if Republicans take over, an outcome he has described as inevitable.
WASHINGTON — Americans were still waiting Friday to learn which party will control the House and Senate next year. Three days after final ballots were cast in the 2022 midterm elections, more than two dozen House races have not yet been called, with a number of them in California and other areas in the western half of the country. Republicans have a better chance of winning a majority in the House, though the Democrats still have a chance to retain control. As of Friday morning, Republicans have won 211 seats, Democrats have won 197 and 27 races remain uncalled. The Senate also hangs in the balance, as results in key races in Arizona and Nevada have not been decided.
While control of the next Congress still remains unknown, Republicans in Washington on Thursday began ramping up plans to take over the House of Representatives. For the Senate, control will come down to three races. House controlIn Washington, House Republicans have already begun maneuvering to determine who from their ranks will become the House speaker should they take control. NBC News has not yet projected a winner for House control. "I am determined to ensure that this majority reaches its full potential," McCarthy said in a letter to House Republicans on Wednesday.
Trump on Thursday tried to spin the GOP's disappointing midterm results as a success story. High-profile candidates Trump endorsed were beaten or underperformed. Republicans on Wednesday started blaming Trump for the absence of a "red wave." Trump endorsed more than 200 candidates elections, many of whom were running in safe seats where GOP candidates were expected to win regardless of who endorsed them. Overall, the Republican "red wave" of sweeping gains in the election that some analysts were anticipating did not arrive, and some Republicans moved to blame Trump.
In an NBC News poll of registered voters last month, economic concerns beat out every other issue. Recent data from three swing states — Wisconsin, Arizona and Pennsylvania — sheds light on the varying economic pressures that might influence choices at the ballot box. Tony Evers faces Republican challenger Tim Michels, the job market is hot. Gas prices in the state have recently come down to an average of $3.60 a gallon, compared to $3.76 nationally, after this summer’s nationwide surge. Wisconsin’s metro areas aren’t big enough to be broken out in federal data, but food prices in the Midwest have risen by 12.7% over the last year, compared to 11.2% nationally.
The survey shows Democrats hold slim leads over their Republican opponents in Senate races in Arizona, Pennsylvania and Georgia, while the two competitors in Nevada are locked in a dead heat. A Republican-controlled Senate could sink President Joe Biden's hopes for passing major legislation in the final two years of his first term. That result, taken from 604 likely voters between Oct. 24 and Oct. 26, fell outside the poll's margin of error of 4.4 percentage points. The pollsters surveyed 885 likely voters in Nevada between Oct. 19 and Oct. 24; the results carry a 4.2-percentage-point margin of error. They also have pinned high inflation, a global phenomenon in the last two years, on Biden's and the Democrats' policies.
Joe Biden a câștigat alegerile din Arizona, unul dintre statele care încă nu a încheiat numărarea voturilor de la alegerile din 3 noiembrie, prognozează CNN și institutul Edison Research, pe baza ultimelor rezultate anunțate. Aceasta ar însemna că fostul vicepreședinte mai obține 11 voturi electorale, distanțându-se și mai mult de actualul președinte Donald Trump. Donald Trump și John McCain, deși amândoi republicani, au avut însă puternice divergențe și acesta ar fi unul dintre motivele pentru care alegătorii au preferat să-i dea votul lui Joe Biden. Văduva lui John McCain l-a felicitat deja, de altfel, pe Joe Biden. Și fostul astronaut Mark Kelly a reușit să obțină aici un mandat de senator, învingând-o pe o apropiată a lui Donald Trump, Martha McSally.
Persons: Joe Biden, Donald Trump, John McCain, Mark Kelly, Martha McSally Organizations: CNN, Edison Research Locations: Arizona, președinție, Mark, California, Illinois
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