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The Justice Department is expected to announce the indictment of longtime Rep. Henry Cuellar, D-Texas, on Friday, two sources familiar with the matter told NBC News. It wasn't immediately clear if the indictment was related to the 2022 raid. A year after the raid — which had not previously yielded arrests or charges — Cuellar told the Texas Tribune: "There has been no wrongdoing on my part. Despite the raid, Cuellar narrowly defeated a progressive challenger, Jessica Cisneros, in his 2022 primary and went on to win re-election to his seat that November. A member of the centrist Blue Dogs and New Democrat Coalition, Cuellar was first elected to the House in 2004.

Persons: Henry Cuellar, Cuellar's, Joshua Berman, Cuellar, — Cuellar, Jessica Cisneros, Cassy Garcia Organizations: NBC News, Congressional Azerbaijan Caucus, Texas Tribune, Texans, Republican, Cuellar, Dogs, New Democrat Coalition Locations: Texas, Laredo , Texas, Azerbaijan, U.S, San Antonio

☆ In Congress and in class: Rep. Don Beyer works toward master's degree in AI
▼ + stars: | 2023-12-02 | by ( Emily Wilkins | ) www.cnbc.com time to read: +3 min

Rep. Don Beyer, D-Va. Bill Clark | CQ-Roll Call, Inc. | Getty ImagesWASHINGTON — Don Beyer isn't the average student at George Mason University. So he enrolled, starting with the prerequisite classes that will ultimately lead him to a master's degree in machine learning. Beyer is part of almost every group of House lawmakers working on AI. He was also a member of former Speaker Kevin McCarthy's working group on AI, which could be resurrected under Speaker Mike Johnson. Obernolte, who has a masters degree in artificial intelligence, said there's no shortage of smart lawmakers on AI, including Beyer.

Persons: Don Beyer, Bill Clark, Getty Images WASHINGTON — Don Beyer isn't, Beyer, Kevin McCarthy's, Mike Johnson, he's, Sam Altman, Jay Obernolte, Johnson, Obernolte, Don Organizations: CQ, Inc, Getty Images WASHINGTON, George Mason University, He's, The, The Virginia Democrat, CNBC, Congressional Artificial Intelligence Caucus, The New Democrat Coalition Locations: The Virginia

☆ JPMorgan Chase is set to report third-quarter earnings — here’s what the Street expects
▼ + stars: | 2023-10-13 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

Jamie Dimon, chairman and CEO of JPMorgan Chase, at the U.S. Capitol for a lunch meeting with the New Democrat Coalition in Washington, D.C., June 6, 2023. JPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Friday. The 10-year Treasury yield, a key figure for long-term rates, jumped 74 basis points in the third quarter. Shares of JPMorgan have climbed 8.7% year to date, far outperforming the 19% decline of the KBW Bank Index. Bank of America and Goldman Sachs report Tuesday, and Morgan Stanley discloses results on Wednesday.

Persons: Jamie Dimon, JPMorgan Chase, Dimon, Goldman Sachs, Morgan Stanley Organizations: JPMorgan, U.S, Capitol, New Democrat Coalition, Washington , D.C, LSEG, Bank, Federal Reserve, Treasury, Banks, KBW, Wells, Citigroup, Bank of America Locations: Washington ,, Wells Fargo

WASHINGTON, Aug 15 (Reuters) - Moderate Democrats in the U.S. House of Representatives have formed a working group on artificial intelligence aimed at tackling the issue of what restrictions, if any, should be put on the technology. The New Democrat Coalition announced the formation of the group on Tuesday, saying it would work with the Biden administration, companies and other lawmakers to develop "sensible, bipartisan policies to address this emerging technology." While artificial intelligence has been used for several years, it surged in popularity earlier this year with the rise of ChatGPT because of generative AI's ability to use data to create human-seeming prose. The group is to be headed by Representative Derek Kilmer, a Democrat from Washington state. In July, the White House announced that AI companies including OpenAI, Alphabet (GOOGL.O) and Meta Platforms (META.O) had made voluntary commitments to implement measures such as watermarking AI-generated content to help make the technology safer.

Persons: Biden, Derek Kilmer, Don Beyer of Virginia, Jeff Jackson, Sara Jacobs of, Susie Lee of, Haley Stevens, Chuck Schumer, Diane Bartz, Nick Macfie Organizations: Moderate Democrats, U.S . House, New Democrat Coalition, White House, Thomson Locations: U.S, Washington, North Carolina, Sara Jacobs of California, Susie Lee of Nevada, Michigan

☆ New A.I. working group aims to shape policy for key Democratic bloc
▼ + stars: | 2023-08-15 | by ( Emily Wilkins | ) www.cnbc.com time to read: +3 min

WASHINGTON — Democrats on Capitol Hill are forming a new working group on artificial intelligence and prioritizing how to prevent deepfakes from wreaking havoc on personal lives, national security and the upcoming 2024 elections. Rep. Derek Kilmer, D-Wash., will chair the new AI working group in the New Democrat Coalition, a 97-member bloc of House members that typically avoid the spotlight but wield significant influence over policy within the caucus. "There's real concern about the potential for AI generated disinformation, real concern about misuse of advanced AI models," Kilmer told CNBC. Another concerning aspect for many lawmakers is what AI generated images could mean in the world of campaign ads. Ron DeSantis recently used AI in an ad to replicate former president Donald Trump's voice "reading" a post that Trump had written on social media.

Persons: Derek Kilmer, Kilmer, Joe Morelle, Ron DeSantis, Donald Trump's, Trump, Joe Biden, Democratic Minnesota Sen, Amy Klobuchar, Kevin McCarthy Organizations: WASHINGTON, Democrats, Capitol, New Democrat Coalition, House, CNBC, Homeland Security Department, New Dems, Florida Republican Gov, Republican National Committee, Senate, Democratic Minnesota, Dems Locations: Taiwan, China

☆ Coinbase CEO to meet US House Democrats on Wednesday
▼ + stars: | 2023-07-18 | by ( ) www.reuters.com time to read: +1 min

July 17 (Reuters) - Coinbase (COIN.O) Chief Executive Brian Armstrong will meet privately with a group of U.S. House of Representatives Democrats on Wednesday morning and plans to make remarks on the future of digital asset legislation. At the meeting, Armstrong will also touch upon related issues, such as tax, national security, privacy, and climate, a New Democrat Coalition spokesperson said in an emailed statement. Coinbase did not immediately respond to a request for comment outside business hours. Both Coinbase and Binance deny the SEC's allegations and have pledged to vigorously defend themselves in court. Armstrong is an outspoken SEC critic who has called SEC Chair Gary Gensler an "outlier" among Washington policymakers.

Persons: Brian Armstrong, Armstrong, Coinbase, Binance, Gary Gensler, Mrinmay Dey, Shubhendu, Jacqueline Wong, Edwina Gibbs Organizations: . House, U.S . Securities, Exchange Commission, New Democrat Coalition, SEC, Shubhendu Deshmukh, Thomson Locations: Washington, Bengaluru

☆ JPMorgan Chase is set to report second-quarter earnings — here’s what the Street expects
▼ + stars: | 2023-07-14 | by ( Hugh Son | ) www.cnbc.com time to read: +3 min

JPMorgan Chase is scheduled to report second-quarter results before the opening bell Friday, kicking off the banking industry's earnings season. Here's what Wall Street expects, according to analysts' estimates:Earnings: $4 per share, according to RefinitivRevenue: $38.96 billion, according to RefinitivTrading revenue: Fixed income $4.12 billion, equities $2.41 billion, according to StreetAccountInvestment banking revenue: $1.42 billionNet interest income: $21.21 billionJPMorgan has been a standout recently on several fronts. Last month, several regional banks disclosed lower-than-expected interest revenue, and analysts expect more banks to do the same in coming weeks. In May, JPMorgan said revenue from those Wall Street activities was headed for a 15% decline from a year earlier. Wells Fargo and Citigroup are scheduled to release results later Friday, while Bank of America and Morgan Stanley report Tuesday.

Persons: Jamie Dimon, JPMorgan Chase, That's, Banks, sidestep downturns, Morgan Stanley, Goldman Sachs Organizations: JPMorgan, U.S, Capitol, New Democrat Coalition, Washington , D.C, Refinitiv Revenue, Investment, KBW, Republic, Citigroup, Bank of America Locations: Washington ,, Wells Fargo

☆ First on CNN: Jamie Dimon told House Democrats that Congress should 'get rid of' the debt ceiling, source says
▼ + stars: | 2023-06-06 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

CNN —During a closed-door lunch on Tuesday, JPMorgan Chase CEO Jamie Dimon told moderate House Democrats that Congress should abolish the debt ceiling, a person familiar with the matter tells CNN. “Get rid of it,” Dimon told lawmakers of the debt ceiling, according to the source. During the lunch, Dimon described the debt ceiling as an “unmitigated disaster” and urged lawmakers to reform it to prevent future crises, the source told CNN. “If I had my druthers, I would get rid of it one day,” Dimon told reporters in comments aired by CNBC. They are not a ten-foot giant,” Dimon told reporters after the lunch, speaking of China.

Persons: Jamie Dimon, ” Dimon, Dimon, Annie Kuster, “, it’s, “ It’s, Jerome Powell Organizations: CNN, JPMorgan, Democrats, “, New Democrat Coalition, New, CNBC Locations: New Hampshire, United States, China, America

☆ Several top House Democrats want to get rid of the debt ceiling and economic 'hostage taking'
▼ + stars: | 2023-06-02 | by ( Ethan Dodd | ) www.businessinsider.com time to read: +7 min

House Republicans refused to raise the debt ceiling unless Democrats agreed to cut spending. Many progressive and moderate Democrats want to repeal the debt ceiling to prevent more brinkmanship. "For many, many, many years, people recognized that Republicans and Democrats worked together to pass a clean debt ceiling. "We need to pass the bill to eliminate the debt ceiling limit." Raskin reiterated an argument that the 14th Amendment could be used to eliminate the debt ceiling.

Persons: —, Pramila Jayapal, Kevin McCarthy, Joe Biden, shutdowns, we've, Rep, Teresa Leger Fernández, Jamie Raskin, Raskin, Lincoln, Shri Thanedar, Jayapal, Dan Kildee, Kildee, Jeff Jackson of Organizations: Service, House Republicans, Democrats, Senate, Republicans, Congressional Progressive Caucus, Washington State, Republican, US, Democrat, New, Maryland, Democratic, Rep, Michigan, New Democrat Coalition Locations: New Mexico, United States, California, Denmark, Jeff Jackson of North Carolina

☆ Inside a debt ceiling standoff ‘far more dangerous than people will recognize’
▼ + stars: | 2023-05-31 | by ( Jeremy Diamond Lauren Fox Melanie Zanona Phil Mattingly Arlette Saenz Kevin Liptak | Jeremy Diamond | Lauren Fox | ) edition.cnn.com time to read: +17 min

“She’s well respected by both sides,” McCarthy said of the former longtime House Appropriations Committee staffer, according to White House officials. “Asking me about the communication (with the White House) implies there was communication,” one House Democrat said. For the White House negotiators, that meant late nights and early mornings. The White House negotiators left Capitol Hill abruptly and for hours, it was unclear when the conversations would resume. Quietly, White House negotiators had never actually stopped talking to their Republican counterparts.

Persons: Joe Biden, Kevin McCarthy, McCarthy, “, “ You’ve, ” Rep, Patrick McHenry, Biden, Steve Ricchetti, Shalanda Young, Louisa Terrell, ” McCarthy, James S, Alex Wong, Young, Garret Graves, ” Graves, Graves, Tom Cole of, ” Cole, White, Jeff Zients, McHenry, ‘, Chuck Schumer, Hakeem Jeffries, Ricchetti, ”, ” Terrell, Dan Meyer, –, apprised, decamping, ’, Anna Moneymaker, nonstarters, ” McHenry, McHenry –, —, Susan Walsh, businesslike, Biden’s, Eisenhower, Zients, Jose Luis Magana, Young –, Louisianans –, Jim Clyburn, Clyburn, Annie Kuster, ” Kuster, wasn’t, ” Young Organizations: CNN, White, ”, Republican, Legislative, Young, Management, Brady, Capitol, White House, GOP, McCarthy’s, Pennsylvania, Capitol Hill, U.S, Biden, Democrat, Democratic, Republicans, Building, Air Force, West Executive, LSU Tigers, South Carolina Democrat, New Democrat Coalition, Democrats Locations: Irish, Washington , DC, Louisiana, Tom Cole of Oklahoma, McHenry, Hiroshima, Japan, Washington

☆ Biden, McCarthy work to shore up support for debt ceiling bill ahead of House vote
▼ + stars: | 2023-05-31 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +2 min

WASHINGTON — House Speaker Kevin McCarthy and White House officials worked to shore up support for a bill that would raise the debt ceiling and cut government spending, as the House prepared to vote Wednesday night on the legislation. Large blocs of Democrats are also expected to vote against the bill, albeit more quietly. Raising the debt ceiling will require that the bill passes both the GOP-majority House and the Democratic-controlled Senate, a reality that made a compromise deal unavoidable. Rep. Pramila Jayapal, D-Wash., who chairs the Congressional Progressive Caucus, said Wednesday morning that she would vote against the bill on the House floor. Other groups, like the bipartisan Problem Solvers Caucus and the center-left New Democrat Coalition, have praised the bill.

Persons: Kevin McCarthy, Patrick McHenry, McCarthy, Joe Biden, Steve Ricchetti, Shalanda Young, Aviva Aron, Dine, John Podesta, Pramila Jayapal Organizations: WASHINGTON, White, Republican, GOP, CNBC, Democratic, Treasury Department, House Democrats, White House, Management, National Economic, Congressional Progressive Caucus, New Democrat Coalition

☆ Biden and McCarthy's debt-ceiling deal is a 'turd-sandwich,' GOP Rep. Chip Roy says — and he's joining a growing number of conservative lawmakers who say they'll vote against it with the US just days
▼ + stars: | 2023-05-30 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

A growing number of conservative lawmakers are opposing Biden and McCarthy's debt-ceiling deal. They argued it does not include enough spending cuts, with Rep. Chip Roy calling it a "turd-sandwich." Lawmakers need to pass a bill to raise the debt ceiling before the US defaults as early as June 5. Both Biden and McCarthy said over the weekend that this deal is the best option for Americans. And McCarthy wrote on Twitter on Saturday that "I just got off the phone with the president a bit ago.

☆ Biden and McCarthy lean on holdouts in both parties to pass debt ceiling deal
▼ + stars: | 2023-05-29 | by ( Kevin Liptak | ) edition.cnn.com time to read: +5 min

The bill caps non-defense spending, temporarily expands work requirements for some food stamp recipients and claws back some Covid-19 relief funds. Speaking from the White House on Sunday, Biden hailed the agreement as critical to preventing economic disaster. But like Biden, McCarthy acknowledged the agreement required concessions from both sides. Dusty Johnson said on “State of the Union.”Passing the bill through the House will not be the final step. On Sunday, a handful of powerful Senate Republicans had raised concerns about the deal’s defense spending during a Senate GOP conference call, a source on the call said.

☆ 86 House Democrats voted against a GOP-proposed resolution 'denouncing the horrors of socialism'
▼ + stars: | 2023-02-02 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

The House passed a resolution on Thursday denouncing the "horrors of socialism." "The socialism resolution is useless. Most Democrats joined every House Republican in voting for it. But 86 Democrats voted against it, and another 14 voted "present." "The socialism resolution is useless.

Explore more race results below. Rep. Angie Craig is running against Republican Tyler Kistner in Minnesota's 2nd Congressional District. The 2nd District is located south of the Twin Cities. 2022 General EmbedsMinnesota's 2nd Congressional District candidatesCraig is a member of House committees on Agriculture, Energy and Commerce, and Small Business. Voting history for Minnesota's 2nd Congressional DistrictMinnesota's 2nd District includes rural and suburban counties south of the Twin Cities of Minneapolis and Saint Paul.

☆ Democratic Rep. Kathy Manning faces off against Republican Christian Castelli in North Carolina's 6th Congressional District election
▼ + stars: | 2022-11-05 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Rep. Kathy Manning is running against Republican Christian Castelli in North Carolina's 6th Congressional District. NC-13NC-01 HouseDemocratic Rep. Kathy Manning faces off against Republican Christian Castelli in North Carolina's 6th Congressional District. North Carolina's 6th Congressional District candidatesManning, first elected in 2020, is vying for her second term. Castelli defeated Lee Haywood — the nominee from the 2020 race — and five other candidates in the GOP primary. Voting history for North Carolina's 6th Congressional DistrictNorth Carolina's 6th Congressional District is comprised of Guilford County, Rockingham, and almost all of Caswell counties.

☆ Op-ed: Democrats are better for our country and economy
▼ + stars: | 2022-10-31 | by ( Rep. Suzan Delbene | Chair Of The New Democrat Coalition | ) www.cnbc.com time to read: +6 min

All of this is a direct result of the work Democrats have done in Congress and in the White House. While Democrats are moving America forward, Republicans are working to move our country and economy backward. Under President Biden's leadership, Democrats have grown our economy 3 times faster than when Republicans controlled Congress and the White House. This is what a pro-business, pro-worker, pro-economic growth party and economic plan look like. While Republicans look to the past, New Dems look to the future – and in about a week, Americans will decide between the two.

☆ Rep. Angie Craig is running against Republican Tyler Kistner in Minnesota's 2nd Congressional District
▼ + stars: | 2022-10-21 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +3 min

Rep. Angie Craig is running against Republican Tyler Kistner in Minnesota's 2nd Congressional District. Minnesota's 2nd Congressional District candidatesCraig is a member of House committees on Agriculture, Energy and Commerce, and Small Business. Voting history for Minnesota's 2nd Congressional DistrictMinnesota's 2nd District includes rural and suburban counties south of the Twin Cities of Minneapolis and Saint Paul. Craig flipped the seat from red to blue in 2018 after a rematch campaign against former Republican Rep. Jason Lewis. Her opponent, Kistner, has raised $2.8 million, spent $2.3 million, and has $499,003 left to spend, as of September 30.

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