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☆ U.S. Congress members demand answers on Andretti's exclusion from Formula 1
▼ + stars: | 2024-05-01 | by ( Sahil Kapur | ) www.cnbc.com time to read: +5 min

Twelve members of the U.S. Congress sent a letter to Formula 1 owner Liberty Media on Wednesday demanding answers for why it is excluding Andretti Global from the sport, giving the American team powerful new allies in its bid to enter F1. "Our team, Andretti Global, is part of every major racing discipline in the world. Last fall Formula 1's governing body, the FIA, accepted the racing team's push to join the grid, saying it met the criteria. Because we have an obligation to protect the American consumer, to protect American companies, and that is our first allegiance. The move marks an earthquake for F1 as Newey is widely regarded as the greatest car designer in the sport.

Persons: Mario Andretti, Andretti Cadillac, John James, Gregory Maffei, —, that's, Andretti, James, It's, Jim Jordan, Adrian Newey, Sebastian Vettel, Max Verstappen, Newey Organizations: Auto, U.S, Capitol, U.S . Congress, Liberty Media, Andretti Global, American, General Motors, Formula, Andretti, GM, Cadillac, Rep, FIA, Formula One Management, Miami, Prix, Las Vegas, Red Bull Racing, Red Bull, NBC News Locations: U.S, Michigan, America, Ohio, Austin

US House Speaker Mike Johnson (R-LA) speaks during a news conference following the House Republican caucus meeting at the US Capitol in Washington, DC, on November 29, 2023. Speaker Mike Johnson, facing intense opposition from right-wing members, received crucial help from Democrats to move forward with the votes. Passing this legislation would send a powerful message about the strength of American leadership at a pivotal moment," the White House budget office said in a statement Friday endorsing the House package. But Johnson, who opposed Ukraine aid last year before he became speaker, now says he believes it is "critically important," based on the intelligence and briefings he has since gotten. Democrats praised the move to proceed to House votes, highlighting their party's key role.

Persons: Mike Johnson, Joe Biden, Thomas Massie, Chip Roy, Ralph Norman, Johnson, — Massie, Marjorie Taylor Greene, I'm, Vladimir Putin, Don Beyer, Grace Meng Organizations: Republican, The, Democratic, White House, Administration, Naval Academy, U.S, Democrats, couldn't Locations: Washington ,, Ukraine, Israel, U.S, China, Ky, Texas, Europe, American

☆ Second Republican backs effort to oust Speaker Mike Johnson from power
▼ + stars: | 2024-04-16 | by ( Scott Wong | Rebecca Kaplan | ) www.cnbc.com time to read: +6 min

"He should pre-announce his resignation (as Boehner did), so we can pick a new Speaker without ever being without a GOP speaker," Massie wrote on X , referring to former GOP Speaker John Boehner, who resigned in the middle of his term in 2015 while facing a similar conservative rebellion from Massie and others. WASHINGTON — A second House Republican said he will support an effort to oust Speaker Mike Johnson from power over his handling of foreign aid for Ukraine and other issues. Johnson told rank-and-file House Republicans in the room that he won't resign, Massie said, a point he reiterated to reporters. "I stand with the speaker," Trump told reporters when asked about Greene's efforts, adding that he gets along great with both Greene and Johnson. One moderate Republican facing a tough re-election bid this fall, Rep. Mike Lawler, R-N.Y., called Greene and Massie's efforts "idiotic."

Persons: Thomas Massie, Anthony Fauci, Tom Williams, Massie, Johnson, Boehner, John Boehner, Marjorie Taylor Greene, WASHINGTON —, Mike Johnson, Rosie, Greene, Republicans —, —, Kevin McCarthy, Jared Moskowitz, Ralph Norman, Matt Gaetz, Troy Nehls, Jim Jordan, MAGA, Donald Trump, Trump, Mike Lawler, Marc Molinaro, Molinaro, McCarthy, — Kyle Stewart, Syedah Asghar, Lori Rampani, Ryan Nobles, Sahil Kapur Organizations: Capitol Visitor Center, National Institute of Allergy, Inc, Getty, Triple, FISA, GOP, Republicans, Republican, U.S, Capitol, Caucus, MAGA Republicans, New York Republican Locations: Ky, Kentucky, Ukraine, WASHINGTON, DC, Washington , DC, Texas, Ohio, Mar, Israel, Taiwan, Mexico

☆ 'On life support': Senate Republicans are prepared to sink the child tax credit bill
▼ + stars: | 2024-04-10 | by ( Sahil Kapur | ) www.cnbc.com time to read: +6 min

Teddy bears, meant to represent West Virginia children, appear on the National Mall during an event with the Unbearable Campaign to urge Congress to expand the Child Tax Credit on Wednesday, February 2, 2022. Sen. Thom Tillis, R-N.C., a member of the Finance Committee, said he'd be happy to see the entire tax bill fade away. Saying the bill would "create entitlement spending that would generate significantly higher deficits," he called for spending cuts to fund the child tax credit expansion. He said there's "no question" Senate Republicans are trying to sink the bill to deny President Joe Biden an achievement in an election year. "This tax bill looks like, to me, it's in very serious trouble," he said Tuesday.

Persons: Teddy, Jason Smith, Ron Wyden, Sen, Thom Tillis, he'd, Tillis, Mike Crapo of, Mitch McConnell, Crapo, Chuck Grassley, , Grassley, who's, Richard Neal, Joe Biden, Josh Hawley, Wyden, We're, Donald Trump, that's, Chuck Schumer, he'll, we'll, Schumer Organizations: Republicans, House, Senate, Republican, Democrats, Democratic, Finance, Finance Committee, GOP, NBC, Manhattan Project Locations: West Virginia, Mike Crapo of Idaho, Iowa

WASHINGTON — The Senate voted 74-24 early Saturday morning to pass a sweeping $1.2 trillion government funding bill after heated last-minute negotiations caused senators to breach the midnight deadline to avert a shutdown. The legislation, which passed the House on Friday morning by a vote of 268-134, now goes to President Joe Biden, who has said he'll sign it into law. Sen. John Kennedy, R-La., said it was "typical" and "juvenile" for the Senate to wait until the 11th hour to act on the bill. And at nearly six months into the fiscal year, it's unusually late in the game to be haggling over the funding measures. The latest bill was released Thursday and passed by the House on Friday morning, leaving little time for the Senate to act.

Persons: WASHINGTON —, Joe Biden, Biden, Sen, Chris Murphy, Conn, Murphy, John Kennedy, Chuck Schumer, It's, Schumer, it's Organizations: U.S . Capitol, WASHINGTON, White, NBC News, State , Defense, Labor, Health, Human Services, Homeland Security, Senate Locations: Washington , DC, Congress

US Speaker of the House Mike Johnson, Republican of Louisiana, waits to speak during a news conference after a closed-door House Republican caucus meeting on Capitol Hill in Washington, DC on February 29, 2024. It was not immediately clear how the House would act on her motion, which requires just a majority vote to remove the speaker. Greene told reporters that the motion to vacate was more of a warning shot and that she had not discussed it with President Donald Trump. Rep. Marjorie Taylor Greene, R-Ga., speaks to the media on the House steps of the U.S. Capitol after filing her motion to vacate Speaker of the House Mike Johnson, R-La., on Friday, March 22, 2024. U.S. Rep. Matt Gaetz (R-FL) leaves a closed-door House Republican meeting at the U.S. Capitol on October 20, 2023 in Washington, DC.

Persons: Mike Johnson, Drew Angerer, Marjorie Taylor Greene, Johnson, Kevin McCarthy, Greene, Donald Trump ., Bill Clark, Raj Shah, Trump's, Robert F, Kennedy Jr, Matt Gaetz, McCarthy, Gaetz, We'd, we've, Hakeem Jeffries Organizations: Republican, Capitol, AFP, Getty, NBC News, Donald Trump . Rep, U.S, CQ, Inc, NBC News House, Democrat, U.S . Rep Locations: Louisiana, Washington , DC, Washington ,

☆ Lawmakers release text of $1.2 trillion spending bill as shutdown deadline nears
▼ + stars: | 2024-03-21 | by ( Sahil Kapur | ) www.cnbc.com time to read: +3 min

WASHINGTON — Lawmakers early Thursday morning released the text of a $1.2 trillion government funding bill negotiated by the White House and leaders of both parties to avoid a partial government shutdown this weekend. Those federal agencies are scheduled to shut down on Saturday if the funding package is not passed by Friday night. President Joe Biden has said he'll sign the bill, but it's unclear whether Congress has enough time to pass it before the deadline. It is the last remaining funding package that Congress has to pass this fiscal year, which ends after September. After the House passes the bill, the Senate will require unanimous consent to vote quickly.

Persons: Joe Biden, Mike Johnson, Johnson, Hakeem Jeffries, Biden, Chuck Schumer, Schumer, Mitch McConnell, — Frank Thorp Organizations: WASHINGTON — Lawmakers, White, Homeland Security, Defense, State, Labor, Health, Human Services, DHS, Internal Revenue Service, Republicans, House Republicans, House, Department of Homeland Security Locations: Washington, Washington , DC, D, Ky

The other five funding bills were effectively settled by the end of last week, with only the Homeland Security bill presenting deep divisions Republicans and Democrats were unable to settle. The deal is being negotiated by Johnson, Senate Majority Leader Chuck Schumer, D-N.Y., the White House and top appropriators in both chambers. Republicans rejected additional funding for ICE in a bipartisan border deal agreed to by senators and the White House, demanding additional policy changes. But they, too, have demands in the funding bill. The White House has also sought increased flexibility to aid border operations, sources with knowledge of the discussion said.

Persons: Mike Johnson, he'll, Johnson, Chuck Schumer, Bob Good, Chip Roy, Joe Biden's, they're Organizations: WASHINGTON, Congressional, Department of Homeland Security, State , Defense, Homeland Security, Labor, Health, Human Services, Republicans, Democrats, DHS, White, Congress, Immigration, Customs, ICE Locations: Texas

☆ Independent Sen. Kyrsten Sinema will not run for re-election in Arizona
▼ + stars: | 2024-03-05 | by ( Alexandra Marquez | Sahil Kapur | ) www.cnbc.com time to read: +1 min

U.S. Sen. Kyrtsen Sinema (D-AZ) speaks at a news conference after the Senate passed the Respect for Marriage Act at the Capitol Building on November 29, 2022 in Washington, DC. Independent Sen. Kyrsten Sinema announced Tuesday that she will not run for re-election this year, leaving the Senate after one term that saw her paint Arizona blue, leave the Democratic Party and play a key role in numerous legislative negotiations in a tightly divided Senate. "I will leave the Senate at the end of this year," Sinema said in a video posted on her X account. Notably, Sinema believed she was stronger with Arizona Republicans than with her own former party. Republicans, who are hoping to flip the Senate back into their control this year, are eyeing Arizona as a potential pickup opportunity.

Persons: Kyrtsen Sinema, Independent Sen, Kyrsten Sinema, Sinema, Kari Lake, Ruben Gallego, Gallego Organizations: Sen, Senate, Washington , DC, Independent, Democratic Party, Sinema, Arizona Republicans, NBC News, Republicans, GOP Locations: Washington ,, Arizona, Lake

☆ Congress averts a government shutdown, sending a short-term funding bill to Biden
▼ + stars: | 2024-02-29 | by ( Scott Wong | Sahil Kapur | ) www.cnbc.com time to read: +4 min

Congress sent a short-term funding bill to President Joe Biden's desk Thursday, averting a partial government shutdown this weekend and buying lawmakers more time to fund federal agencies through September. The CR is part of a broader bipartisan spending deal congressional leaders announced Wednesday that includes six of the 12 spending bills that fund federal agencies. The new CR would extend the funding deadline for half of the dozen must-pass spending bills by one week, to March 8. Leaders say that should give Congress enough time to pass all of the spending bills for the fiscal year that ends on Sept. 30. He has indicated that foreign aid will be tackled separately, without committing to allowing a vote on the Ukraine funding.

Persons: Joe Biden's, Jack Teixeira, Chuck Schumer, I've, I'm, Biden, Mike Johnson, Johnson, Veterans Affairs —, Karine Jean, Pierre said, Sen, Rand Paul, Josh Hawley, Bob Good, We've Organizations: U.S . Capitol, Pentagon, Energy, Interior, Justice, Transportation, Veterans Affairs, CR, Caucus, NBC, Republican Locations: Washington , U.S, Agriculture, Commerce, Ky, Israel, Taiwan, Ukraine

In a striking turn of events, Senate Republicans threatened Monday to block a major, bipartisan border security and asylum restrictions package, just one day after their chief negotiator signed off on it. "I would anticipate Wednesday the cloture vote does not pass," Sen. James Lankford, R-Okla., the lead GOP negotiator in the border talks, told reporters after the meeting. Senate Minority Whip John Thune, R-S.D., told reporters that Republicans worry there "hasn't been adequate time" to process the bill yet. The 370-page bill, finalized and released on Sunday, was crafted with the input of Senate Minority Leader Mitch McConnell, R-Ky., who advocated for it on the Senate floor Monday, warning of crises at the southern border and internationally. McConnell told Republicans that if they have reasons to vote against the bill, they could, given that talks on amendments and how to proceed are ongoing, said a source familiar with the meeting.

Persons: Mitch McConnell, Sen, James Lankford, Donald Trump, Joe Biden, Trump, John Thune, It's, McConnell —, —, McConnell, I've, Brian Schatz Organizations: U.S, Capitol, Republicans, GOP, Republican, Radical Left Democrats, Democratic Locations: Washington , U.S, Ky, Ukraine, Israel, Hawaii

☆ Christian Horner, Red Bull's F1 team principal, under investigation by company
▼ + stars: | 2024-02-06 | by ( Dennis Romero | Sahil Kapur | ) www.cnbc.com time to read: +2 min

Christian Horner ahead of the Formula 1 Abu Dhabi Grand Prix at Yas Marina Circuit in Abu Dhabi, United Arab Emirates on November 26, 2023. Red Bull has commissioned an investigation into Christian Horner, the team principal of its highly successful Formula 1 racing team. In a statement Monday, Red Bull characterized the investigation of Horner, who is also CEO of Oracle Red Bull Racing, as independent. This process, which is already underway, is being carried out by an external specialist barrister," Red Bull said in a statement. Red Bull is the reigning constructors' champion in the world's premier auto racing series.

Persons: Christian Horner, Red Bull, Bull, Horner, Telegraaf, Red, Max Verstappen, Sebastian Vettel, Verstappen's Organizations: Abu, Prix, Yas Marina Circuit, United, United Arab Emirates, Oracle Red Bull Locations: Abu Dhabi, United Arab

☆ New Hampshire's primary hasn't even finished, but Republican Senate and campaign chairs are already calling Trump the 'presumptive nominee'
▼ + stars: | 2024-01-23 | by ( Madison Hall | ) www.businessinsider.com time to read: +2 min

Read previewThe Iowa Caucuses in mid-January marked the beginning of the primary season for the Republican Party. And while it's the only event that's even been completed thus far, party officials have already dubbed former President Donald Trump as the "presumptive nominee." Rep. Richard Hudson, the chair of the National Republican Congressional Committee, and Sen. Steve Daines, chair of the National Congressional Senate Committee, both made the comments after Florida Gov. "Donald Trump is the presumptive nominee," Daines said. "He is the presumptive nominee.

Persons: —, Donald Trump, Richard Hudson, Sen, Steve Daines, Ron DeSantis, Daines, Joe Biden, Hudson, Sahil Kapur, There's, Trump, Trump's, Haley, it'll, hasn't, he's Organizations: Service, Republican Party, Business, National Republican Congressional Committee, National Congressional, Committee, Florida Gov, Senate, NBC News, GOP, Republican, Trump Locations: Iowa

WASHINGTON — Congress passed a bill on Thursday that would prevent a partial government shutdown this weekend and keep federal funds flowing through March 1 and March 8. It is the third stopgap bill since last September as the divided Congress struggles to agree on full-year government funding bills. The first stopgap bill led to the ouster of Kevin McCarthy, R-Calif., as speaker. Around the same time, the House announced that it would cancel votes on Friday in anticipation of a winter storm and complete votes on the stopgap bill on Thursday. The funding bill is unrelated to negotiations surrounding an immigration and national security supplemental bill that would provide aid to Ukraine and Israel.

Persons: Chuck Schumer, Mike Johnson, Joe Biden's, Kevin McCarthy, Johnson, Schumer inveighed, rousers, Schumer, It's, we're Organizations: U.S, Capitol, WASHINGTON —, Democratic, Republican, House Republicans Locations: Washington , DC, Ukraine, Israel

☆ Congress announces tax deal to expand child tax credit and revive breaks for businesses
▼ + stars: | 2024-01-16 | by ( Sahil Kapur | Kate Santaliz | ) www.cnbc.com time to read: +3 min

WASHINGTON — Senior lawmakers in Congress announced a bipartisan deal Tuesday to expand the child tax credit and provide a series of tax breaks for businesses. The deal, details of which were reported earlier by NBC News, would enhance refundable child tax credits in an attempt to provide relief to financially struggling and multi-child families. Democrats had demanded a larger child tax credit after an earlier version they passed for less than one year expired, causing child poverty to fall and then rise again after it lapsed. And Republicans were motivated to revive some expired portions of the 2017 Trump tax cuts for businesses. Wyden has said he hopes to pass the deal by the beginning of tax filing season, which is Jan. 29.

Persons: Cara Baldari, Evie, Sarah Orrin, Vipond, Otto, Jason Smith, Ron Wyden, Smith, " Wyden, Wyden, That's Organizations: D.C, U.S, Capitol, WASHINGTON —, Congress, NBC News, American Locations: China

☆ Mike Johnson seeks to avoid McCarthy's fate as he navigates shutdown and immigration
▼ + stars: | 2024-01-16 | by ( Sahil Kapur | ) www.cnbc.com time to read: +6 min

US House Speaker Mike Johnson, a Republican from Louisiana, during a news conference at the US Capitol in Washington, DC, US, on Wednesday, Jan. 10, 2024. Under pressure from right-wing members, House Speaker Mike Johnson, R-La., faces stark challenges in keeping the government funded and responding to a potential Senate deal that would toughen immigration laws while providing funding for Ukraine. But passing the spending deal could make it politically more difficult for Johnson to support an emerging bipartisan Senate immigration deal that the right wing of the GOP is turning against. 2 is his position, but he was careful not to reveal specifics of what the House would accept if a Senate immigration deal came together, the sources said. Johnson's allies believe GOP opponents of the spending deal may vote against it but doubt they'll come for his job.

Persons: Mike Johnson, He's, Johnson, Chuck Schumer, Chip Roy, Steve Deace, Schumer, Brian Fitzpatrick, We've, it's, Doug Heye, Heye, Sen, James Lankford of, Marjorie Taylor Greene, Greene, It's, Kevin McCarthy, Johnson's, they'll, Jodey Arrington Organizations: Republican, Ukraine, White, Congress, Republicans, GOP, Fox News, Democrats, United States Congress Locations: Louisiana, Washington , DC, Iowa, Texas, Ukraine, Russia, James Lankford of Oklahoma

☆ Rep. Patrick McHenry, who served as temporary speaker, will not seek re-election
▼ + stars: | 2023-12-05 | by ( Sahil Kapur | ) www.cnbc.com time to read: +2 min

US Representative Patrick McHenry (R-NC) speaks to members of the media outside the office of US House Speaker Kevin McCarthy (R-CA), at the US Capitol in Washington, DC, on October 3, 2023. WASHINGTON — Rep. Patrick McHenry, R-N.C., announced Tuesday that he won't seek re-election in 2024, a shocking move to many of his colleagues that will further thin the ranks of Republican institutionalists in Congress. He gained national attention during his three-week stint in October as House Speaker pro tempore after Republicans ousted Rep. Kevin McCarthy, R-Calif., from the position. Despite his solidly conservative positions and voting record, McHenry is seen on Capitol Hill as a pragmatist and widely respected in both parties. During the speaker battle, McHenry was cited by Democratic leaders as the sort of GOP lawmaker who they trust enough to work with.

Persons: Patrick McHenry, Kevin McCarthy, Republican institutionalists, McHenry, Obama, Donald Trump, —, I've Organizations: US, WASHINGTON — Rep, Republican, Financial, Democratic, Republicans, Capitol, Trump, GOP Locations: Washington ,, R, McHenry

☆ How Formula One accidentally helped Las Vegas workers land the 'best contract ever'
▼ + stars: | 2023-11-23 | by ( Sahil Kapur | ) www.cnbc.com time to read: +2 min

Ferrari driver Carlos Sainz of Spain drives past the Sphere during the F1 Las Vegas Grand Prix on Saturday, November 18, 2023 on the Las Vegas Street Circuit in Las Vegas, NV. When Formula One came to Las Vegas, it brought a level of glitz and glamor rivaled only by Monaco. "Las Vegas is now the sporting capital of the world, combined with the entertainment capital of the world. "We think all the largest events in the world belong in Las Vegas. They encouraged Formula One ticket-holders to support workers by avoiding casinos or hotels mired in the labor standoff.

Persons: Carlos Sainz, Ted Pappageorge, weren't Organizations: Vegas, Las Vegas, Circuit, Monaco, Bartenders Union, MGM Resorts, Caesars Entertainment, Wynn Resorts, Culinary Union, Formula, NBC News Locations: Spain, Las Vegas, NV, Sin City, Vegas

☆ A new hope for Ukraine aid in Washington
▼ + stars: | 2023-10-27 | by ( Sahil Kapur | Julie Tsirkin | ) www.cnbc.com time to read: +3 min

WASHINGTON — There's a renewed hope for approving additional aid to Ukraine after House Republicans resolved their speaker paralysis, and as some hard-right lawmakers critical of new funding hint at a viable path to vote on it. One month ago, then-Rep. Mike Johnson, R-La., voted with 93 Republicans to cut off Ukraine aid. Now, as speaker, Johnson said he's asked White House staff "bifurcate" aid to Israel and Ukraine. But notably, some of those Republicans now say they could accept holding separate votes on Ukraine money, which they oppose, and aid to Israel, which they favor. Good also suggested pairing Ukraine aid with border security money and policy changes to the asylum system.

Persons: Mike Johnson, WASHINGTON —, Johnson, he's, Vladimir Putin, We're, Kevin McCarthy, McCarthy, Matt Gaetz, Bob Good, it's Organizations: Republican Conference, House Republicans, Republicans, White House, Fox News, Capitol, NBC, Biden, Republican, GOP, Republican House Locations: Longworth, Ukraine, Israel, U.S, China, Taiwan

☆ Republicans nominate Mike Johnson for House speaker in latest attempt to break GOP impasse
▼ + stars: | 2023-10-25 | by ( Scott Wong | Sahil Kapur | ) www.cnbc.com time to read: +3 min

U.S. Rep. Mike Johnson (R-LA) leaves a House Republican conference meeting in the Longworth House Office Building on Capitol Hill on Oct. 24, 2023 in Washington, DC. Rep. Mike Johnson, a relatively little-known Louisiana Republican and low-ranking member of the GOP leadership team, became the party's latest nominee for House speaker on Tuesday night after three other hopefuls fizzled out. It remains unclear if he can garner the 217 Republican votes — a simple majority of the full House — needed to win the coveted gavel. Johnson is seeking to achieve something that the last three nominees failed to do: win at least 217 of the 221 Republican votes needed to become speaker. Another wild card in the speaker's race is Trump, who knifed Emmer on Tuesday after he won the nomination.

Persons: Mike Johnson, Tom Emmer, Johnson, Emmer, Steve Scalise, Jim Jordan of, Jordan, Liz Cheney, Donald Trump, Biden, Trump Organizations: Rep, Republican, Washington , DC, Louisiana Republican, GOP, GOP Conference, Committee, New York Times, Electoral, The Times, Republicans, Trump Locations: Longworth, Washington ,, Louisiana, Johnson, Jim Jordan of Ohio

The wife of Rep. Don Bacon, R-Neb., has received anonymous, threatening text messages this week pressuring her to persuade her husband to support Jordan. Rep. Steve Womack, R-Ark., said his staffers have been "cussed out" in phone calls from Jordan supporters. But the bloc of roughly 20 anti-Jordan Republicans say that they aren't caving and that the hardball tactics are backfiring. Moments after Jordan was rejected on a second ballot for speaker Wednesday, Gimenez recounted a tense phone call with Jordan on Tuesday. Gimenez told reporters just off the House floor.

Persons: Jim Jordan, Jim Jordan's, Republican holdouts, Jordan, Don Bacon, Rep, Steve Womack, Carlos Gimenez, Jordan robocalls, Mariannette Miller, Meeks, she'd, Miller, Gimenez, they're, he's, you've, I'd, —, Kevin McCarthy, Jordan's Organizations: U.S, Capitol, Republican, GOP, Jordan Republicans Locations: Rayburn, Washington ,, Ohio, South Florida, Iowa

☆ Turmoil in DC as race for new Speaker of the House begins
▼ + stars: | 2023-10-04 | 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 EmailTurmoil in DC as race for new Speaker of the House beginsSahil Kapur, NBC News Sr. National Political Reporter, joins 'Fast Money' to talk turmoil in Washington D.C. after Rep. McCarthy was ousted from the House Speakership.

Persons: Sahil Kapur, McCarthy Organizations: NBC, Washington D.C Locations: Washington

☆ Senate introduces a bipartisan bill to keep the government open through Nov. 17
▼ + stars: | 2023-09-26 | by ( Sahil Kapur | Frank Thorp V | ) www.cnbc.com time to read: +3 min

Senate leaders released a short-term funding bill Tuesday — with four days left to avert a government shutdown at the end of this month — to keep money flowing until Nov. 17 to give Congress more time to ink a larger agreement. The bipartisan bill, negotiated between leaders of the Democratic majority and Republican minority, includes $4.5 billion in aid to Ukraine and $6 billion in emergency FEMA funding for disaster relief. "It's always a hypothetical that the Senate is going to do something," McCarthy told reporters. "I'm not going to take up hypotheticals of someday dreaming the Senate is going to do something. Senate Majority Leader Chuck Schumer, D-N.Y., urged senators to pass it.

Persons: Patty Murray, Murray, Kevin McCarthy, McCarthy, I'm, Chuck Schumer, Schumer, Mitch McConnell, McConnell Organizations: Democratic, Republican, GOP Locations: Ukraine, Ky

☆ Two House Republicans say they might work with Democrats to fund government
▼ + stars: | 2023-09-22 | by ( Sahil Kapur | Rebecca Kaplan | ) www.cnbc.com time to read: +5 min

WASHINGTON — As the Republican stalemate over government funding continues, two freshman GOP House members opened the door Thursday to end-running their party's leadership and working with Democrats to fund the government. Lawler told reporters that if Republicans can't unify to pass a continuing resolution, or CR, to approve short-term funding, he will pursue a discharge petition with Democrats. "If there is not going to be a CR coming out of the House Republican caucus, then I will move forward with a discharge petition," he said. That means at least five Republicans would have to break off for a discharge petition to succeed — potentially more if not all Democrats sign it. Democratic leaders have downplayed the prospects of a discharge petition to resolve the mess and noted that one hasn't been filed.

Persons: Marc Molinaro, Mike Lawler, Joe Biden, they're, Molinaro, Lawler, Kevin McCarthy, doesn't, Matt Gaetz, —, Bob Good, That's, Lauren Boebert, Pramila Jayapal, Jayapal Organizations: U.S, Capitol, WASHINGTON —, Republican, GOP, New York Republicans, White, Republicans, Democratic Locations: Washington, Hudson Valley, Ukraine

Rep. Nancy Mace, R-S.C., talks with reporters after a meeting of the House Republican Conference in the U.S. Capitol to discus an impeachment inquiry of President Joe Biden on Thursday, September 14, 2023. House Republicans released a bill after a tentative agreement between the far-right Freedom Caucus and the center-right Main Street Caucus, the sources said. If the legislation passes the House, it would resolve one internal problem for Speaker Kevin McCarthy while creating a new one. The bill includes most of the Secure the Border Act of 2023, a wish list of immigration provisions for GOP hardliners, with the exception of provisions requiring the use of E-Verify for employers to check immigration status. Earlier in the day, McCarthy urged his colleagues to avert a shutdown during an appearance on Fox News.

Persons: Nancy Mace, Joe Biden, Kevin McCarthy, Byron Donalds, Dusty Johnson, Scott Perry, Stephanie Bice, Chip Roy, Kelly Armstrong, McCarthy Organizations: House Republican Conference, U.S, Capitol, House Republican, NBC News . House Republicans, Caucus, Republican, Democratic, GOP, Freedom Caucus, Senate, White, House Republicans, Fox News, Biden Locations: Ukraine, Texas

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