DIRS.INFO The most relevant business & tech news

☆ U.S. probe finds widespread sexual misconduct at FDIC
▼ + stars: | 2024-05-07 | by ( ) www.cnbc.com time to read: +2 min

The Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and other misconduct, according to an independent report released on Tuesday that raises questions about the future of the banking regulator's leadership. The report, prompted by a Wall Street Journal investigation, cited accounts from more than 500 people, including some who alleged FDIC Chair Martin Gruenberg had engaged in bullying and verbal abuse. "For far too many employees and for far too long, the FDIC has failed to provide a workplace safe from sexual harassment, discrimination, and other interpersonal misconduct," said the report, adding that those accused of misconduct were frequently reassigned new roles. "Chair Gruenberg must accept responsibility and must immediately work to make fundamental changes to the agency and its culture." Some employees described Gruenberg as "harsh" and "aggressive", as well as prone to losing his temper, the report said.

Persons: Martin Gruenberg, Cleary Gottlieb, Gruenberg, Patrick McHenry, Sherrod Brown Organizations: Federal Deposit Insurance Corporation, Wall Street Journal, FDIC, WSJ, Democrat, Republican, Financial Services, Banking, Housing, Urban Affairs Committee

☆ Retiring lawmakers are once again complaining that their $174,000 salary is too low
▼ + stars: | 2024-04-30 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Retiring lawmakers are once again saying that their $174,000 salary isn't enough. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . That's what happened when Rep. Patrick McHenry, one of many retiring House Republicans, told an interviewer earlier this year that the $174,000 salary that rank-and-file members of both the House and Senate receive is not enough. Now, even more retiring lawmakers are saying the same thing — and acknowledging that they may not be saying it if they weren't on their way out the door. The salary has remained the same since 2009, and if it had kept pace with inflation, lawmakers would now be making more than $250,000 annually.

Persons: haven't, —, they're, Patrick McHenry, McHenry, Ken Buck, I'd, Buck, Tony Cárdenas, I've, Anna Eshoo, it's, Alexandria Ocasio, Cortez, Ken Cuccinelli — Organizations: Service, House Republicans, Colorado Republican, New York Times, California Democrat, Times, Democratic, Trump Locations: California, Alexandria, Cortez of New York

Rep. Devin Nunes, R-Calif., ranking member of the House Intelligence Committee, speaks during an impeachment inquiry hearing in Washington, Nov. 13, 2019. Trump Media CEO Devin Nunes on Tuesday urged House Republican committee leaders to investigate possible "unlawful manipulation" of the company's stock. Trump Media, which began trading on the Nasdaq on March 26 after completing a lengthy public merger, was far and away the most expensive U.S. stock to short as of early April. The letter comes as the stock price of Trump Media, which created the social media app Truth Social and is majority-owned by former President Donald Trump, continues to trend down in volatile trading sessions. The stock dropped nearly 5% early Wednesday but turned positive before noon, trading around $33 per share.

Persons: Devin Nunes, Nunes, Patrick McHenry, Jim Jordan, Jason Smith, James Comer, Donald Trump, DJT Organizations: House Intelligence, Trump Media, Republican, GOP, Nasdaq, Financial Locations: Washington, R, Ohio, Spokespeople

I think providing aid to Ukraine right now is critically important,” the speaker added. House TVThe speaker’s embrace of Ukraine aid represents a remarkable evolution for Johnson, who voted against funding for the country as a rank-and-file member. Johnson drags his feetJohnson did not come to his decision on how to handle foreign aid quickly. “Slow,” New York Rep. Gregory Meeks, the top Democrat on the House Foreign Affairs Committee, said when asked how Johnson handled Ukraine aid. In recent weeks, allies counseled Johnson to keep the former president in the loop on his potential foreign aid plans.

Persons: Manu Raju ”, Johnson, Mike Johnson, Hakeem Jeffries, Jeffries, Taiwan –, Michael McCaul, “, ” Johnson, Derrick Van Orden, Matt Gaetz, ”, Johnson –, Kevin McCarthy, –, Joe Biden, Donald Trump’s, Mike Pompeo, Volodymyr Zelensky, Zelensky, Bill Burns, Marjorie Taylor Greene, ” Jeffries, Biden, Mitch McConnell, Gregory Meeks, Patrick McHenry of, Trump, Johnson’s, ” Trump, Eli Crane, McCarthy, Bob Good, Johnson “, Greene, Al Green, Van Orden, Gaetz, I’m, ” Van Orden, Chip Roy’s, Bob Good’s, Kent Nishimura, Paul Gosar, Johnson’s speakership, We’re, we’ve, Tom Cole of, ” Cole, “ There’s, Warren Davidson, CNN’s Haley Talbot, Morgan Rimmer Organizations: GOP, CNN, Democratic, Louisiana Republican, Foreign, ”, Florida Republican, Senate, Republican, Ukraine, CIA, Naval Academy, Israel, Internal Revenue Service, New York Rep, House Foreign Affairs, Patrick McHenry of North Carolina, Lago, Arizona, Democratic Rep, Navy, Navy Seals, Wisconsin Republican, Capitol, Democrats, Republicans, GOP Rep, ” Veteran GOP Locations: Iran, Israel, Ukraine, Washington, Louisiana, Taiwan, Florida, American, Marjorie Taylor Greene of Georgia, Patrick McHenry of North, Iranian, Virginia, Texas, Wisconsin, House, Arizona, Tom Cole of Oklahoma, Ohio

☆ What the Bridge Meant to Baltimore
▼ + stars: | 2024-04-01 | by ( Anna Betts | Joanna Daemmrich | ) www.nytimes.com time to read: +1 min

Blue-collar workers crossed it. And couples were known to get engaged near it. Completed in 1977, the Francis Scott Key Bridge was a practical, final link to the beltway of roads that circled Baltimore Harbor, a much-needed solution to reduce Harbor Tunnel congestion. For some, it symbolized the working-class communities around it — for others, the city itself. And the Key Bridge was simply a presence in people’s everyday lives.

Persons: Francis Scott Key Organizations: Teenagers Locations: Baltimore, Fort McHenry, British

☆ Tangled in Steel With No Way Out: How the Crew Stuck in Baltimore Is Faring
▼ + stars: | 2024-03-30 | by ( Eduardo Medina | ) www.nytimes.com time to read: +1 min

Even from miles away, the destruction of the Francis Scott Key Bridge in Baltimore is a jarring visual: Chunks of steel jut above the water like metallic icebergs. Twisted gray beams protrude in crooked positions. From a park near Fort McHenry, visitors can see the giant cargo ship that struck the bridge and remains lodged in the wreckage. Less visible, however, are the 22 crew members from India who have remained on the ship, named the Dali, since the disaster on Tuesday. Since the accident, which killed six construction workers, the crew members have found themselves in an unexpected spotlight.

Persons: Francis Scott Key, Dali, Little Locations: Baltimore, Fort McHenry, India, Sri Lanka

☆ Francis Scott Key Bridge collapse reverberates around the world
▼ + stars: | 2024-03-29 | by ( Ray Sanchez | ) edition.cnn.com time to read: +16 min

StreamTimeLive StreamTimeLive StreamTimeLiveAround the same time, numerous audible alarms were recorded on the ship’s bridge audio. The Dali container vessel after striking the Francis Scott Key Bridge. “Once you get here, I’ll go grab the workers on the Key Bridge and then stop the outer loop,” an officer said. When the Key Bridge was built decades ago, container ships were a fraction of the size and weight they are today. Miguel Luna, a native of El Salvador, was also working on the Key Bridge.

Persons: Francis Scott Key, ”, Jayme Krause, Nick Mosby, “ I’ve, Andy Middleton, Middleton, Dali, Marcel Muise, Scott Cowan, Baltimore –, Clay Diamond, Muise, Wes Moore, Diamond, ” Diamond, Al Drago, we’ve, “, Cowan, Jim Watson, Starr Smith, ’ ” Smith, Smith, ” Smith, ” John Zimmerman, They’re ‘, Maynor Yassir Suazo Sandoval, Miguel Luna, Dorlian Castillo Cabrera, Pima Castillo, Alejandro Hernandez Fuentes, Castillo, Alejandro Hernandez, Carlos Hernandez, Carlos Hernandez’s, Jazmin Alvarez, Hernández, Isabel Franco, Jose Mynor Lopez, Franco, Lilly Ordonez, Lopez, ” Rafael Laveaga, Holly Yan, Maria Santana, Melissa Alonso, Allison Gordon, Emma Tucker, Tina Burnside, Alex Stambaugh, Abel Alvarado, Aditi Sangal, Danny Freeman, Caroll Alvarado, Amy Simonson, Mary Kay Mallonee, Yahya Abou, Sabrina Souza, AnneClaire Stapleton, Antoinette Radford, Dakin Andone, Curt Devine, Casey Tolan, Isabelle Chapman, Elizabeth Wolfe, Lauren Mascarenhas, Elise Hammond, Gloria Pazmino, Alex Medeiros Organizations: CNN, Evening Sun, Bethlehem Steel, Eiffel, American, Maryland State Police, Sea Catholic, Walmart, National Transportation Safety, Chesapeake Bay, Longshoremen’s Association, Maryland Transportation Authority, American Pilots Association, ”, ” Maryland Gov, Bloomberg, Getty Images Transportation Authority, US Coast Guard, “ Dispatch, Police, Getty, Maryland, CASA, Brawner Builders, Univision, Authorities, Mexican Embassy Locations: Maryland, Fort McHenry, Sparrows Point, Baltimore, Patapsco, Port of Baltimore, India, Singapore, Baltimoreans, Sri Lanka, South Africa, Yemen, Red, Dali, MarineTraffic, ” Maryland, There’s, AFP, Middleton, Honduras, El Salvador, Mexico, Guatemala, Santa Bárbara, America, Dundalk, he’s, Mexican, Michoacan, Washington’s

NTSB crews used the ship’s voyage data recorder, or VDR, to piece together a rough timeline of events leading up to the collision. But it will take months for them to gather the piles of physical evidence, maintenance records, ship data and witness interviews required to deliver a full report, Homendy said. • 01:24:59 a.m.: Numerous audible alarms were recorded on the ship’s bridge audio. • 01:26:39 a.m.: The ship’s pilot made a general very high frequency (VHF) radio call for tugboats in the vicinity to assist the vessel. • Around 01:27:04 a.m.: The pilot ordered that the ship’s port anchor be dropped and issued additional steering commands.

Persons: Baltimore’s Francis Scott Key, Jennifer Homendy, Marcel Muise, Investigators, Homendy, “, who’ve, ” Homendy, James Wallace, Peter Gautier, Divers, Roland L, Butler Jr, Pete Buttigieg, Alejandro Hernandez Fuentes, Dorlian Ronial Castillo Cabrera, Butler, ”, Miguel Luna, Maynor, Andrés Manuel López Obrador, CNN’s Tori B, Powell, Sarah Engel, Elise Hammond, Curt Devine, Casey Tolan, Isabelle Chapman, Daniel Medina, Sahar Akbarzai, Melissa Alonso, Hande Atay Alam, Lucas Lilieholm Organizations: CNN, Transportation, NTSB, Port, Fort McHenry, Maryland Transportation Authority, •, US Coast Guard, Maritime, Port Authority, Baltimore City Fire, Coast Guard, Ministry of Foreign Affairs Locations: Seagirt, Port of Boston, Maryland, Singapore, Baltimore, Patapsco, Mexico, Guatemala, Camotán, Mexican

There are more heavily trafficked routes across the Baltimore Harbor than the Francis Scott Key Bridge. The Harbor Tunnel carries double the daily traffic of the Key Bridge and the Fort McHenry Tunnel much more than that. The six men who are missing were part of this tradition of working Baltimore: members of a construction crew, working overnight hours filling potholes on the bridge. One day in 1977, Mr. Metzger said, his father, a truck driver, was coming back home from his route and happened upon the bridge’s ribbon cutting. And the Key Bridge is gone.”

Persons: Francis Scott Key, “, ”, Kurt L, Mr, Schmoke, Rafael Alvarez, Dali, Jim Lo Scalzo, Curtis Bay, Alvarez, Baltimoreans, James Metzger, Metzger, Metzger’s Organizations: Fort, University of Baltimore, Chesapeake, Washington , D.C, Bethlehem Steel Plant, Amazon Locations: Baltimore, Fort McHenry, Baltimore’s, Maryland, Washington ,, New York City, Shutterstock

☆ The Key Bridge was named after the national anthem’s author.
▼ + stars: | 2024-03-26 | by ( Jin Yu Young | More About Jin Yu Young | ) www.nytimes.com time to read: +1 min

The Francis Scott Key Bridge, which collapsed after being struck by a cargo ship early Tuesday, was named after the American lawyer who wrote the lyrics of the national anthem. When the bridge opened, The New York Times reported that construction costs had totaled $141 million, which is roughly $735 million in today’s dollars. More than 12.4 million passenger and commercial vehicles crossed the bridge in 2023, according to a Maryland state government report. Francis Scott Key was believed to be near the site of the future bridge in 1814 when he observed the British bombardment of Fort McHenry, where he served as quartermaster, during the War of 1812. After the bridge opened to the public, parts of it underwent renovation several times, including a $14 million project in 1986 to repair damage, improve safety and restore the bridge’s appearance.

Persons: Francis Scott Key Organizations: The New York Times Locations: Baltimore, Maryland, Patapsco, Fort McHenry, Fort M’Henry, British

☆ Baltimore, Maryland: Bridge collapses as officials announce lane closures and traffic detours
▼ + stars: | 2024-03-26 | by ( Melissa Alonso | Elizabeth Wolfe | ) edition.cnn.com time to read: +2 min

Local agencies received 911 calls around 1:30 a.m. reporting that a ship, traveling outbound from Baltimore had struck a column on the bridge, Cartwright said. There could have been a vehicle “as large as a tractor trailer” on the bridge at the time of collapse, he said. Baltimore Mayor Brandon Scott said in a social media post around 3 a.m. that he was en route to the incident at the bridge. Footage captured the moment after the Francis Scott Key Bridge collapsed. The 1.6-mile, 4-lane bridge extends over the Patapsco River and serves as the outermost crossing of the Baltimore harbor and an essential link of Interstate-695, or the Baltimore Beltway.

Persons: Francis Scott Key, Kevin Cartwright, Cartwright, “, ” Cartwright, StreamTimeLive, Baltimore Mayor Brandon Scott Organizations: CNN, Baltimore, Francis Scott Key Bridge, Divers, Baltimore City Fire Department . Local, Maryland Transportation Authority, Baltimore Mayor, ”, Baltimore Beltway, “ Locations: Patapsco, Baltimore, Maryland, Fort McHenry

Six people are presumed dead and two have been rescued from the Patapsco River, according to The New York Times. What Happened to Baltimore’s Francis Scott Key Bridge? Around 1:30 a.m. on Tuesday, a Singapore-flagged cargo ship called Dali struck a column of the bridge, according to reporting by The Baltimore Banner. Where Is the Francis Scott Key Bridge and How Long Is It? The Francis Scott Key Bridge was assessed as being in “fair” condition in 2023, according to the Federal Highway Administration’s National Bridge Inventory.

Persons: Baltimore’s Francis Scott Key, Wes Moore, Dali, Maryland Sen, Chris Van Hollen, Francis Scott Key, Helen Delich Bentley, Banner ”, Baltimore Mayor Brandon Scott, Moore, ”, Joe Biden, We're, “, Pete Buttigieg, Scott, Buttigieg, Joseph Schofer Organizations: The New York Times, Maryland Gov, Biden Administration, White, Baltimore Sun, Baltimore Banner, ABC News, Maryland, New York Times, Times, ” Synergy Marine Group, Baltimore Mayor, Transportation, Department of, World Association, Transport Infrastructure, U.S . News, Northwestern University’s McCormick School of Engineering, ” Engineers Locations: Patapsco, Maryland’s, Singapore, Sri Lanka, Maryland, Baltimore, Helen Delich Bentley Port of Baltimore, Fort McHenry, El Salvador, Guatemala, Honduras, Mexico, U.S

☆ Federal Reserve Chair Jerome Powell Will Help Decide the 2024 Election
▼ + stars: | 2024-03-11 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

Beyond the academic argument, whether the Fed cuts interest rates has a significant political bearing this year. Voters are unhappy about higher prices, and they feel weighed down by high interest rates, too. Interest rates may seem abstract, but they can have a real impact on how people view their financial situations. But lowering interest rates should make people feel better about economic conditions and could give Democrats and Biden a boost. He's well aware lower interest rates would boost the economy, lift people's moods, and, ultimately, help the party in charge.

Persons: Jay Powell, — Donald Trump —, Powell, Joe Biden, Patrick McHenry, McHenry, Skanda Amarnath, it's, Larry Summers, Biden, Amarnath, — Trump, Hillary Clinton's, Richard Nixon, Ronald Reagan, Paul Volcker, Volcker, shied, Trump, Elizabeth Pancotti, Sarah Binder, Binder, what's, They've, Diane Swonk, Emily Stewart Organizations: Federal, Trump, Republican, Financial Services, Fed, Roosevelt Institute, George Washington University, Reserve, KPMG US, Business Locations: North Carolina, It's, America, Roosevelt

Mark Harris has won the Republican nomination for a U.S. House seat in North Carolina, giving the pastor a second chance to go to Washington after a 2018 absentee ballot scandal. Harris will face Democrat Justin Dues in November in a district running from Charlotte east to Lumberton that was drawn to heavily favor Republicans. While the investigation led to charges against several people and some convictions, Harris wasn’t charged, cooperated with investigators and called for a new election. Harris did not run again, however, and the seat was won by Republican U.S. Rep. Dan Bishop. In addition, Republicans Bishop and U.S. Rep. Patrick McHenry decided not to run again, opening their Republican-dominated districts to new representation.

Persons: Mark Harris, Harris, Allan Baucom, Justin, Harris wasn’t, Dan Bishop, Bishop, ”, Kelly Daughtry, Brad Knott, Daughtry, Addison McDowell, Mark Walker, Patrick McHenry Organizations: Republican, U.S, Union, U.S . House, State Board, Republican U.S . Rep, Blue Shield, U.S . Rep, Democratic, Republicans, Assembly, Republicans Bishop Locations: North Carolina, Washington, state's, Union County, Charlotte, Lumberton, District, Smithfield, Raleigh, 6th, North Carolina's

☆ Rep. Patrick McHenry: Fed Chair Powell needs to make clear he won't be 'political data-dependent'
▼ + stars: | 2024-03-06 | 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 EmailRep. Patrick McHenry: Fed Chair Powell needs to make clear he won't be 'political data-dependent'House Financial Services Committee chairman Rep. Patrick McHenry (R-N.C.) joins 'Squawk Box' to preview Fed Chair Powell's testimony on Congress today, what he hopes to hear from the Fed Chair, and more.

Persons: Patrick McHenry, Powell Organizations: Financial Services

☆ What the SEC climate disclosure rule may mean for investors
▼ + stars: | 2024-03-04 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Climate disclosures would be made in annual filings companies make to the SEC, such as a Form 10-K, and in registration statements filed before an initial public offering. "I think climate disclosures have largely become table stakes for the investment community," said Lindsey Stewart, director of investment stewardship research at Morningstar. Current climate disclosures are 'uncommon'Ships on the Panama Canal on August 21, 2023. Shipping experts fear such events could become the new normal as rainfall shortfalls highlight climate risks. The SEC proposal outlined three tiers of emissions disclosures: Scopes 1, 2 and 3.

Persons: Gary Gensler, Win Mcnamee, —, Lindsey Stewart, Daniel Gonzalez, Stewart, They'd, Rachel Curley, Hurricane Idalia, Christian Monterrosa, Cowen, Patrick McHenry, Sen, Tim Scott, Bill Huizenga, Chris Ratcliffe, They're Organizations: Securities, Exchange, Financial Services, General, Getty, The Securities, Exchange Commission, SEC, Morningstar, Panama Canal Authority, Shipping, Anadolu Agency, P Global, Corporations, U.S . Sustainable Investment, Hurricane, Bloomberg, Republicans, Economic, Deloitte Locations: Washington, Panama, U.S, Cedar Key , Florida, R

☆ Speaker Mike Johnson once again stuck in the middle as funding deadline looms
▼ + stars: | 2024-02-22 | by ( Lauren Fox | Melanie Zanona | ) edition.cnn.com time to read: +8 min

“Now, we are in a fully Johnson-run House, and he’s got to own all the decision making in the 12 appropriations bills. Probably not best for public policy either,” Republican Rep. Patrick McHenry of North Carolina, the chairman of the House Financial Services Committee, said. Johnson is facing pressure from members of the House Freedom Caucus to include dozens of policy riders that would never pass in the Democratic-controlled Senate. Just a week later, funding for the rest of the government will also lapse. I think we will see another omnibus appropriation bill.”Asked if that causes a problem for Johnson, Bishop argued, “The speaker didn’t create those problems.”

Persons: Mike Johnson, Senate appropriators, Johnson, he’s, That’s, Patrick McHenry of, “, imploring, Alejandro Mayorkas’s, they’ll, can’t, Chuck Schumer, –, Kevin McCarthy, ” Rep, Don Bacon, “ It’s, Mayorkas, Warren Davidson, ’ ”, Davidson, Andy Biggs, “ We’ve, ” Biggs, Dan Bishop, ”, Bishop Organizations: Republicans, Senate, ” Republican, Financial Services, Caucus, Democratic, Homeland, FBI, HFC, Department of Agriculture, Veteran’s Affairs, Transportation, Housing, Energy, Water, CNN, Congress, ”, Republican, Defense Department, Foreign Intelligence, GOP, “ Locations: Patrick McHenry of North Carolina, Florida, Nebraska, Ukraine, Ohio, North Carolina

CNN —House Republicans were shocked by some of the recent high-profile retirements announced by their colleagues, which have included powerful committee chairs and rising stars inside the GOP. And on the Energy and Commerce Committee alone – a highly sought-after assignment – there are eight Republicans who are retiring. “So, yeah, I’m very worried about it.”Others, however, said the turnover is completely normal, especially since the House GOP has self-imposed term limits for chairs, which they argued allows them to inject new blood into the ranks. We probably need a few more retirements.”McCarthy – who resigned at the end of last year – suggested that was perhaps the goal of hard-liners like Good and GOP Rep. Matt Gaetz of Florida who voted to oust him. It’s just a number of things piling up,” said House Science Committee Chair Frank Lucas, reflecting on the retirements.

Persons: “ They’ve, we’re, ”, Ken Buck, Don Bacon of Nebraska, ” Bacon, Carlos Gimenez, Kevin McCarthy, “, it’s, –, Cathy McMorris Rodgers, Mike Gallagher of, Alejandro Mayorkas, Greg Pence, Pfluger, Tom Cole, I’ve, I’m, Bob Good, ” Good, ” McCarthy –, Matt Gaetz, Gaetz, ” McCarthy, Frank Lucas, Mark Green of, Debbie Lesko of, McCarthy, ” Lesko, can’t, Brian Fitzpatrick, Steve Womack, Donald, Trump, Kelly Armstrong of, ’, Erin Houchin, Patrick McHenry of, Chuck Fleischmann of Tennessee Organizations: CNN — House Republicans, CNN, GOP, Energy, impeaching Homeland, Commerce, Indiana, Republicans, Congress, Capitol, ”, House Homeland Security Committee, Representatives, Financial Locations: Ken Buck of Colorado, Carlos Gimenez of Florida, Washington, China, Mike Gallagher of Wisconsin, Texas, Congress, Florida, Mark Green of Tennessee, Debbie Lesko of Arizona, Pennsylvania, Arkansas, New York, Kelly Armstrong of North Dakota, Erin Houchin of Indiana, Patrick McHenry of North Carolina

☆ House Republicans are giving up on Congress despite holding the majority: 'This place is so broken'
▼ + stars: | 2024-02-15 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

House Republicans keep calling it quits, even though they're in the majority. Republican Rep. Mike Gallagher of Wisconsin announced his retirement on Friday after facing backlash over his vote against it. But like other retiring Republicans, they've apparently decided it's just not worth it. Taking those factors into account, you're left with eight retiring Democrats and 15 retiring Republicans. — that I can go campaign on and say we did," said Republican Rep. Chip Roy of Texas in a November floor speech.

Persons: —, Mark Green of, he's, Alejandro Mayorkas, Green, Axios, Mike Gallagher, Gallagher, they've, it's, Jennifer Wexton, Patrick McHenry of, Cathy McMorris Rodgers, Kevin McCarthy, George Santos, Chip Roy Organizations: Republicans, Service, Republican, Homeland Security, Wisconsin, House Press, Democratic, North, North Carolina Democrats Locations: Mark Green of Tennessee, Virginia, North Carolina, Patrick McHenry of North Carolina, Washington, Texas

☆ House impeaches Alejandro Mayorkas, first Cabinet secretary to be impeached in almost 150 years
▼ + stars: | 2024-02-13 | by ( Annie Grayer | Clare Foran | ) edition.cnn.com time to read: +7 min

The House of Representatives, by an extremely narrow margin, voted Tuesday to impeach Homeland Security Secretary Alejandro Mayorkas, the first Cabinet secretary to be impeached in almost 150 years. The Department of Homeland Security said that House Republicans “will be remembered by history for trampling on the Constitution” following the vote to impeach. “Secretary Mayorkas and the Department of Homeland Security will continue working every day to keep Americans safe,” the statement said. Ken Buck, Tom McClintock, and Mike Gallagher are three House Republicans who voted against impeaching Mayorkas. Mayorkas has sent a letter to House Republicans to defend his record in public service in advance of the vote.

Persons: Alejandro Mayorkas, Mayorkas, Joe Biden, William Belknap, Republicans – Ken Buck, Republicans – Ken Buck of Colorado, Mike Gallagher of, Tom McClintock, California –, Republicans “, Mia Ehrenberg, Steve Scalise, Texas Democrat Al Green, Ken Buck, Mike Gallagher, impeaching Mayorkas, “, Troy Nehls, we’re, ”, Lance Gooden, Patrick McHenry of, Kevin McCarthy, Mike Johnson, “ He’s, Ian Sams, Chuck Schumer’s, Pro Tempore Patty Murray, ” Schumer, Johnson, Donald Trump, ” Mayorkas, CNN’s Morgan Rimmer, Manu Raju Organizations: Homeland, Republicans, Biden, Department of Homeland Security, “, Texas Democrat, AP, Getty, GOP, CNN, Texas, Democratic, Pro Tempore, House Republicans, ”, Communist, Democrats, Homeland Security, Republican, Border Patrol Locations: Republicans – Ken Buck of, Mike Gallagher of Wisconsin, California, Israel, Texas, “, Patrick McHenry of North Carolina, Cuba

“I was embarrassed for our conference, for our party, because we can do better than we did last night,” said GOP Rep. Lance Gooden of Texas. It was a huge mistake,” said GOP Rep. Patrick McHenry of North Carolina, an ally to former Speaker Kevin McCarthy. And the stunning defeat, which prompted a chaotic scene on the House floor, completely overshadowed the Democratic opposition to the Israel bill. “The Democrats played hide and seek with us,” GOP Rep. Carlos Gimenez of Florida told CNN. We’ll put it back up.”For their part, Democrats took a victory lap in their maneuvering that led to a nail-biter vote and embarrassment for House Republicans.

Persons: Alejandro Mayorkas, Troy Nehls, “, we’re, ”, Lance Gooden, GOP Sen, Lisa Murkowski, I’ve, I’m, Nancy Pelosi, George Santos, Pelosi, Ralph Norman of, Patrick McHenry of, Kevin McCarthy, Mike Johnson, “ He’s, Jen Kiggans, Johnson, speakership, ” Johnson, Donald Trump, Mitch McConnell’s, James Lankford of, Kevin Dietsch, Mayorkas, Mike Gallagher of, impeaching Mayorkas, ” Gallagher, Hugh Hewitt, Dan Bishop of, Steve Womack, ” Womack, Mitch McConnell, Chip Somodevilla, they’re, ’, Steve Scalise, Tom Cole of, Al Green of, Carlos Gimenez, “ It’s, Scalise, We’ll, ” Pelosi, ” CNN’s Haley Talbot, Lauren Fox, Sam Fossum Organizations: Homeland, GOP, CNN, Texas, Republican, ”, Republicans, House Democrats, GOP Rep, Caucus, Congress, Navy, Capitol, Getty, Democratic, Democrat, Arkansas Republican, House Republicans Locations: “, Texas, Israel, Alaska, Ralph Norman of South Carolina, Patrick McHenry of North Carolina, Virginia, James Lankford of Oklahoma, Washington , DC, Mike Gallagher of Wisconsin, Dan Bishop of North Carolina, Arkansas, ”, Washington ,, Tom Cole of Oklahoma, Al Green of Texas, Florida

☆ Rep. Patrick McHenry on spot bitcoin ETFs, border security funding and 2024 race
▼ + stars: | 2024-01-25 | 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 EmailRep. Patrick McHenry on spot bitcoin ETFs, border security funding and 2024 raceHouse Financial Services Committee chairman Rep. Patrick McHenry (R-N.C.) joins "Squawk Box' to discuss the state of the Republican party, spot bitcoin ETFs, border security funding, 2024 race, and more.

Persons: Patrick McHenry Organizations: Financial Services, Republican

☆ Mitt Romney says lawmakers should get paid even more than $174,000 so that lawmakers stop sleeping in their offices
▼ + stars: | 2024-01-15 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

Read previewRepublican Sen. Mitt Romney of Utah says he believes members of Congress are not paid enough. AdvertisementAsked about McHenry's comments by Business Insider, Romney declared: "I agree." "You have quite a number of members of Congress that sleep in their offices," said Romney. House Speaker Mike Johnson, a man of relatively modest means, has long slept in his Capitol Hill office. And former House Speaker Paul Ryan — Romney's running mate in 2012 — was known to do the same thing.

Persons: —, Sen, Mitt Romney, Patrick McHenry, Kevin McCarthy's, aren't, Romney, Mike Johnson, Paul Ryan — Romney's, Ron DeSantis, Kristi Noem, Gregg Harper Organizations: Service, Business, DC, Rep, North Carolina Republican, Dispatch, South Dakota Gov Locations: Utah, Florida

☆ Elizabeth Warren says lawmakers need a raise so that Congress isn't 'the plaything of multimillionaires and billionaires'
▼ + stars: | 2024-01-14 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Sen. Elizabeth Warren is backing a pay raise for members of Congress. "Congress should not be the plaything of multimillionaires and billionaires," she told BI. But she also emphasized that congressional staff need a raise even more. AdvertisementSen. Elizabeth Warren is joining calls for members of Congress to get a pay raise. But Warren, who makes plenty of money via book sales, was even more adamant when it came to the need to raise pay for congressional staff.

Persons: Sen, Elizabeth Warren, —, who've, Warren, Patrick McHenry of, Alexandria Ocasio, Cortez, hasn't, Republican Sen, JD Vance, Ohio, Vance Organizations: Service, Massachusetts Democrat, Republican, Democratic Rep, Senate, United, Washington Locations: multimillionaires, Patrick McHenry of North Carolina, Alexandria, Cortez of New York, United States

☆ AOC still thinks $174,000 isn't enough money for members of Congress: 'I know it's kind of a contrarian position'
▼ + stars: | 2024-01-13 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

Read previewDemocratic Rep. Alexandria Ocasio-Cortez of New York has long been vocal about the need for members of Congress to get a pay bump. "I've been saying this for some time," Ocasio-Cortez told BI this week. "We need to raise the minimum wage, we need to make childcare financially viable, and we need to do that for every American," she said. Yet polling suggests that the public largely opposes a raise for members of Congress, and plenty of lawmakers — including progressives — argue against it. Advertisement"People who make great contributions to America don't do it for the money," Democratic Rep. Ro Khanna of California told BI this week.

Persons: —, Alexandria Ocasio, Cortez, Patrick McHenry, I've, Ro Khanna Organizations: Service, North Carolina Republican, Dispatch, Business, New, Senate, Democratic, California Locations: Alexandria, Cortez of New York, New York, Washington, America

Search resuls for: "McHenry"

25 mentions found