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It’s just another normal week in American politics as unpredictable forces rock both parties and augur a tense run to an election — now six months less one day away — that could fundamentally change the nation. Prosecutors argue he attempted a cover-up to mislead voters in 2016 in an early act of election interference. She also said that Trump felt it was better to deal with the story after the election than beforehand. Last week, in an interview with the Milwaukee Journal Sentinel, Trump refused to guarantee he’d accept the result of the next election. “We have to understand that this is a defining moment for this generation, similar to anti-Vietnam protests, anti-apartheid protests, anti-Iraq War protests,” he said.
Persons: Donald Trump, Joe Biden’s, Mike Johnson, Marjorie Taylor Greene, It’s, , Trump, Story Daniels, Hope Hicks, Hicks, Michael Cohen, Daniels, Emil Bove, Cohen, Trump’s, Biden, James Singer, “ Trump, ” Singer, Benjamin Netanyahu, Mitch Landrieu, Sen, Bernie Sanders, Lyndon Johnson, Landrieu, Democratic Sen, John Fetterman of, , Ro Khanna, , ” Johnson, Johnson, Greene, don’t, Kevin McCarthy Organizations: CNN, Trump, Republican, Georgia Rep, Prosecutors, White House, Nazi Secret Police, Milwaukee Journal Sentinel, Israel, Republicans, Union, Biden campaign’s, Independent, Democratic, CBS, Hamas, GOP Locations: Gestapo, New York, Gaza, Manhattan, Trump, “ State, Vietnam, John Fetterman of Pennsylvania, Michigan, California, Iraq, America, Ukraine, Louisiana
Governing the ungovernable
  + stars: | 2024-04-12 | by ( Jess Bidgood | ) www.nytimes.com   time to read: +1 min
When members of Congress return to Washington from their home districts, they often trudge to Capitol Hill for a tally known as a “bed check,” a low-stakes vote series that is mostly aimed at taking attendance. The majority led by Johnson, a Louisiana Republican, keeps shrinking. Restive members of the far-right Freedom Caucus frequently derail his plans. “The Lord Jesus himself could not manage this conference,” Representative Troy Nehls of Texas, a Republican, said on CNN this week. “You just can’t do it.”
Persons: Mike Johnson, Johnson, Donald Trump, Marjorie Taylor Greene dangles, Jesus, Troy Nehls, , Organizations: Capitol, Louisiana Republican, Republican, , CNN Locations: Washington, Louisiana, Ukraine, Georgia, Texas
CNN —Around 170 people have been “executed” in attacks on three villages in Burkina Faso’s northern Yatenga province, the regional public prosecutor has said. Aly Benjamin Coulibaly said in a statement on Friday that his office was initially informed of the “massive murderous attacks” in the villages of Komsilga, Nodin and Soroe on February 25. At least 15 Muslims and 15 Catholics were killed when “hordes of terrorists launched simultaneous attacks” on Tankoualou and Essakane villages, the government press agency Agence d’Information du Burkina (AIB) reported last week. Large areas of the north and east of Burkina Faso have become ungovernable since 2018. Millions have fled their homes, fearing further raids by gunmen who frequently descend on rural communities on motorbikes.
Persons: Aly Benjamin Coulibaly, Coulibaly Organizations: CNN, Agence d’Information du Burkina, AIB, European Union, Islamic Locations: Burkina Faso’s, Yatenga province, Komsilga, Soroe, West, Mali, Sahel, Burkina Faso
Read previewPresident Joe Biden and Senate Minority Leader Mitch McConnell are not friends — at least not in the sense of how any normal person would use the word. Even Obama couldn't help roll his eyes at the narrative of Biden and McConnell's relationship after the 2020 presidential election. "I'm enjoying reading now about how Joe Biden and Mitch have been friends for a long time," Obama told The Atlantic. The Kentucky Republican has also defended NATO, a major defense alliance that Trump has repeatedly questioned over his life. Biden will miss the Kentucky Republican at times.
Persons: , Joe Biden, Mitch McConnell, Biden, Barack Obama's, Antonin Scalia, Obama, Mitch, McConnell, he's, We've, Trump, Mike Johnson, McConnell's, Ronald Reagan, Reagan, haven't, It's, Johns, Sen, John Cornyn of, Cornyn, John Thune of, John Barrasso of, Barrasso, browbeaten McConnell, Elaine Chao, Trump's Organizations: Service, Kentucky Republican, Business, GOP, Russia, Biden, Ukraine, NATO, Capitol, Republican Party, Cabinet, The New York Times, Trump, Republican Locations: Washington, Kentucky, villainy, Ukraine, ungovernable, John Cornyn of Texas, John Thune of South Dakota, John Barrasso of Wyoming, Israel, Taiwan
CNN —House Speaker Mike Johnson has the fate of a democracy and a people in his hands. It’s not the United States, which will survive – even if the coming general election results in another existential test for the constitutional system. Johnson, a backbencher who was the last-ditch choice to lead the mutinous House GOP majority last year, could relieve Ukraine’s agony and help ensure its survival as an independent nation in the coming days. Nothing can be guaranteed in a fractious Congress, with a House GOP majority that has rendered the United States close to ungovernable and is threatening America’s global leadership role. And history is watching whether Speaker Johnson will put that bill on the floor.
Persons: Mike Johnson, It’s, Johnson, Vladimir Putin, , Donald Trump, speakership, Joe Biden, Kevin McCarthy, Volodymyr Zelensky, CNN’s Kaitlan Collins, McCarthy, Hakeem Jeffries, Mitch McConnell, Chuck Schumer —, , Jake Sullivan, ” Sullivan, Putin, ” Trump, Trump, Biden, ” Rep, Byron Donalds of, ” Zelensky, , ” Johnson, David Cameron, Marjorie Taylor Greene, Radoslaw Sikorski, ” Sikorski, CNN’s “ Fareed Zakaria, Seth Moulton of, Xi, ” Moulton, Frederick Kagan Organizations: CNN —, GOP, Pentagon, Democratic Senate, White, Trump, Republican, Democratic, Ukraine, ” Biden, Biden, Washington, Democrats, House Republicans, , CNN, British, ” Democratic, Seth Moulton of Massachusetts, CNN News Central, NATO, American Enterprise Institute Locations: United States, Ukraine, Russia, Kyiv, Louisiana, Western, Moscow, ungovernable, “ State, America, America’s, Byron Donalds of Florida, Zelensky, Marjorie Taylor Greene of Georgia, British, Asia, Taiwan, Japan, China, Ukrainian
There is one thing a president can do when Congress is an ungovernable mess, polling numbers are blinking red and crises abroad show no signs of resolving themselves. And that thing is: get out of town. President Biden traveled to New York on Wednesday to headline three fund-raisers, where he presented himself as the last line of defense against the re-election of Donald Trump and as a dedicated — if imperfect — leader who had been around long enough to recognize the existential threat Mr. Trump poses to democratic institutions, including the presidency. “It is dangerous for us to be engaged in this kind of politics, because it ends up dragging us all to the bottom,” Mr. Biden said during his third reception, where his voice had lowered to a whisper after a day of shaking hands, taking selfies and delivering speeches.
Persons: Biden, Donald Trump, Trump, Mr Locations: New York
CNN —A 48-hour extension to the Israel-Hamas truce will not pause the strategic dilemmas and political headaches wracking the Biden administration over the war. That could cause more civilian casualties, like earlier in the war, which included bombing of civilian areas and sieges over Gaza hospitals. The dangers for US personnel were underscored when American officials said Sunday that two ballistic missiles were fired from Houthi rebel-controlled Yemen toward a US warship in the Gulf of Aden. The missing AmericansUS officials watched Hamas’ release of another 11 hostages on Monday – the final day of the original truce deal – especially carefully. The likelihood therefore is that he’ll face a similar or even more intense political headache when the war begins again.
Persons: wracking, Biden, Abigail Edan, , John Kirby, CNN’s Wolf Blitzer, ” Yehuda Beinin –, Liat Beinin, , Aviv Atzili, , CNN’s Erin Burnett, Washington, ” Kirby, Rachel Goldberg’s, Hersh, Jake Tapper, ” Goldberg, we’re, Benjamin Netanyahu, GOP Sen, Tom Cotton, Antony Blinken, Netanyahu, Israel’s, Mason, Mark Esper, Trump, ” Esper Organizations: CNN, Hamas, Democratic Party, Israel, Sunday, National Security, America, Islamic, Nova Music, GOP, Fox, West Bank, Muslim American, Washington Post, Pentagon Locations: Israel, Gaza, Ukraine, Yemen, Gulf, Aden, Washington, Arkansas, Dubai, Iran, Iraq, Syria
The move could head off the Washington holiday-season tradition of shutdown dramas and mammoth all-encompassing spending bills. But the chances that a GOP majority that has trouble passing any bill could deliver on this intricate plan seem very low. Time is critically short given the need to muscle a funding measure through both the House and Senate in five days. Trump looms over the House – and the year to comeHouse Democrats are yet to solidify their position but did note Saturday that spending cuts weren’t included in Johnson’s plan. Johnson pleads for a break from his hardlinersAs with the White House, Johnson’s language explains his strategy.
Persons: Mike Johnson, Kevin McCarthy —, Johnson, , Chip Roy, McCarthy, Jabin Botsford, Jabin, haven’t, Ukraine’s, , , Karine Jean, Pierre, Joe Biden, Donald Trump, — Biden, Trump, Jack Smith, Marjorie Taylor Greene, ” Greene, Biden, Republicans —, Connecticut Democratic Sen, Chris Murphy, ” Murphy, Murphy Organizations: CNN, New, Republican, Washington, GOP, CRs, Democratic, White, Caucus, Texas Rep, Getty, Washington Post, Senate, Internal Revenue Service, Republicans, Democrats, Trump, Connecticut Democratic, Press Locations: Louisiana, Washington, DC, Washington ,, Israel, Gaza, Marjorie Taylor Greene of Georgia, Connecticut
At odds with one another on spending, House Republicans abruptly scrapped their legislative work on Thursday and left Washington with little progress toward funding the government and no plan to avert a shutdown next week. That effort would involve rallying deeply anti-spending Republicans around a stopgap funding bill that is likely to be a dead letter in the Democratic-controlled Senate. Instead of revealing a path forward to keep the government open, Mr. Johnson spent the week trying and failing to push through two individual spending bills that collapsed for lack of G.O.P. It was yet another reflection of the rifts among House Republicans that have made their tiny majority ungovernable, leading to the ouster of their last speaker and so far confounding his successor, who is far more conservative and less experienced. When it’s 220 and you’ve got as many individual personalities — and to be fair, different interests and different districts — that’s a risky game to play.”
Persons: Mike Johnson, , Johnson, , Tom Cole of Oklahoma, , you’ve Organizations: Republicans, Democratic Locations: Washington
Children’s books, which present subtle truths in simple terms, offer a valuable tool in retaining our moral bearings, especially amid a maelstrom of grief and rage. In the books I read with my son, I saw the Palestinian children’s authors of today doing something I recognize from my research on the Yiddish children’s literature of the previous century: striving to help children make sense of the world they stand to inherit while writing a better world into being. Instead of reinforcing conventional nationalism, these works followed the general tendency of Yiddish literature, art and film to explore how culture might define a nation. They were created to write a better world into being: Now we must use them to read a better world into being. Children’s literature can’t solve these problems.
Persons: I’ve, Emily Style, Maurice Sendak, Naomi Shihab Nye, Hannah Moushabeck’s “, Amahl, Marjorie Ingall, Janice Hechter’s, , “ Daniel, Ismail ”, Juan Pablo Iglesias Organizations: Palestinian, West Bank, Aida Locations: Gaza, Palestinian American, Palestine, , Old City, Jerusalem, Bethlehem, Israel
NEW YORK (AP) — Palestinian artist Nida Sinnokrot, one of 18 artists receiving the 2023 Soros Arts Fellowships from the Open Society Foundations on Tuesday, says that art provides hope and resilience, even in the midst of war. This year's class of Soros Arts Fellows is the largest since the program launched in 2018. This is the launchpad of something new — a new realm of direct action in the arts.”Molemo Moiloa also plans to incorporate community action in her art project in Johannesburg, South Africa, for her Soros Arts fellowship. “One of the reasons I still feel hope is that there is powerful solidarity around the world that embraces this ethos,” he said. “And that’s what’s so amazing about this year’s (Soros Arts Fellows) and their communities.
Persons: Nida Sinnokrot, , , Sinnokrot, Tatiana Mouarbes, George Soros, Alex — Mouarbes, Jordan Weber, ” “, Weber, ” Molemo Moiloa, Moiloa, Nelson Mandela's, we’ve, it’s, Fellows, Cannupa Hanska Luger, Carolina Caycedo, Chemi, Dalton Paula, Deborah Jack, Kenan Darwich, Sami Rustom, Ixchel Tonāntzin, Martha Atienza, Molemo Moiloa, Mónica de Miranda, Omar Berrada, Rijin Sahakian, Sari Dennise, Yto Barrada Organizations: Open, Massachusetts Institute, Technology’s, Technology, Soros Arts Fellows, Open Society, Culture, Society, Soros Arts, South, Soros, Fehras, Associated, Lilly Endowment Inc, AP Locations: Palestinian, York, , Detroit, Johannesburg, South Africa, Israel, Palestine, Guinea, Hidatsa, Lakota, United States, Carolina, Colombia, Puerto Rico, Brazil, St, Maarten, Syria, Germany, Philippines, Portugal, Morocco, Iraq, Mexico
House Republicans ended Friday without naming a new House speaker. Congress is historically motivated by deadlines, but there's nothing forcing House Republicans to move forward. Some more centrist House Republicans have floated cutting a deal with Democrats, but this is still very unlikely. We do know that a new speaker must be elected by a full House vote. AdvertisementAdvertisement"At this point, the acting Speaker pro temp is not the leader of his party," Green said.
Persons: Jim Jordan of, it's, here's, , Kevin McCarthy's, They've, Pro Tempore Patrick McHenry, Jim Jordan, Sarah Binder, J, Scott Applewhite, Jordan, Austin Scott, hasn't, Mike Collins, McHenry, He's, Nancy Pelosi, Steny Hoyer, Matthew Green, Green, Patrick McHenry, McCarthy, couldn't, Jim McGovern, tempore, Binder Organizations: Service, Pro Tempore, Lawmakers, Republicans, Government, Brookings Institution, Republican, Georgia Republican, Democratic, House Republicans, , Capitol, North Carolina Republican, Financial Services, Politico, Catholic University, Republican Party, House Democrat Locations: Jim Jordan of Ohio, Ohio, Georgia, Jordan, meer, McHenry, Iran
War broke out in the Middle East with one of the US' closest allies, but Congress can't do a thing. Without a House speaker, very little additional aid can be approved to aid Israel or even Ukraine. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementThe United States Congress is tragically failing when the world — not just the country — needs it to function most. While President Joe Biden said on Tuesday that some aid has already been sent, sending more will likely depend on the cooperation of Congress.
Persons: , gridlock, Kevin McCarthy, Joe Biden, Israel isn't, there's, McCarthy, Steve Scalise, Jim Jordan, George Santos, Santos, Matt Gaetz, Tommy Tuberville, Justin Sullivan, Sen, Bob Menendez, he's, GOP Sen, Chuck Schumer, Democratic Sen, Dick Durbin, Republican Sen, Ted Cruz, Biden, Cruz isn't Organizations: Service, United, United States Congress, Democratic Caucus, Hamas, Republican Party, Republicans, Representatives, GOP, Biden, Foreign Relations, Democratic, Senate, Republican, Counterterrorism, Politico, Biden White House Locations: Israel, Ukraine, United States, New York, Minden, Oman, Kuwait, Lebanon
The ousting of Kevin McCarthy has thrown the House back into chaos, and there's no clear successor. Some have speculated that a "compromise speaker" or "coalition government" could emerge. AdvertisementAdvertisementThe fall of former House Speaker Kevin McCarthy at the hands of Rep. Matt Gaetz of Florida has revived talk of something relatively uncommon in American politics — a "compromise speaker" or "bipartisan coalition" emerging to govern the increasingly ungovernable House of Representatives. As the dust settled after the vote to boot McCarthy on Tuesday, I spotted Republican Rep. Mike Lawler walking away from the Capitol. "The Texas example is that sometimes you vote for a Republican speaker, but then you get a third of the chairs," Casar told me on Tuesday.
Persons: Kevin McCarthy, There's, , Matt Gaetz, Let's, it's, McCarthy, Hakeem Jeffries, Maxwell Frost of, Jeffries, Mike Lawler, Lawler, Joe Biden, he's, Biden, Tom Williams, ", We've, Jamie Raskin, Donald Trump, Greg Casar, Casar, didn't, materializing, they're, Wiley Nickel, ” Tom Williams, Nick LaLota, bode Organizations: Service, Representatives, Republican, Moderate Republicans, Democratic, Republicans, Capitol, MAGA Republicans, Getty, Maryland, Trump, Democratic Rep, Congressional Progressive Caucus, America, Wall Street Locations: Florida, Maxwell Frost of Florida, New York, Texas, North Carolina, Ukraine
More importantly Tuesday’s political regicide showed that the majority in the House is inoperable and that the Republican Party is unmanageable. But far from ejecting Biden from office, McCarthy himself was gone in less than a month of launching that inquiry. But a Republican speaker who needs Democratic votes is on borrowed time, although no one could have know that the end would come so soon. For the transgression of trying to fashion some, albeit erratic, governance, McCarthy joined predecessors such as GOP Speaker John Boehner and Paul Ryan in being driven out of office. McCarthy bitterly criticized Democrats for allowing eight GOP rebels to drive him out of office by not providing sufficient votes to save him.
Persons: Kevin McCarthy’s, Donald Trump, Trump, CNN McCarthy, Matt Gaetz, Joe Biden’s, Biden, McCarthy’s, Kevin McCarthy, McCarthy, Jake Tapper, Tim Burchett, , , McCarthy –, John Boehner, Paul Ryan, ” McCarthy, – McCarthy, Gaetz, didn’t, – Trump, Kevin, Liz Cheney, Hunter’s, , enablers, CNN Trump Organizations: CNN, GOP, Republican Party, Florida Rep, Tennessean, Biden, Senate, Republicans, Democratic, House Republicans, Trump, California Republican, Capitol, Republican Locations: New York, America, Mar, Ukraine, , Wyoming
Baron’s book comes at a perilous moment for American democracy and the news media tasked with covering its erosion. I think the coverage of the latest chaos has been very good, based on what I’ve read. The party is proving to be ungovernable, and that is wreaking havoc on the country as a whole. I’d like to see substantially more coverage of what a second Trump administration would do upon taking office. If news organizations believe Donald Trump is a threat to democracy and the country’s framework of government, should they remain totally neutral in covering his candidacy?
Persons: CNN — Marty Baron, ” Baron, , Jeff Bezos, Donald Trump, Baron, Trump, , Mark Milley, There’s, you’ve, unflinchingly, Robert Menendez, Elon Musk Organizations: CNN, The Washington Post, Trump, THE, Republican Party, Chaos, FBI, DOJ, GOP, NBC, Fox, Dominion, Democratic Party, Democratic, Twitter Locations: THE WASHINGTON, America
CNN —President Joe Biden and his Oval Office predecessor, Donald Trump, are about to wage the most direct showdown yet of their possible rematch as far-right House Republicans drive the nation to the brink of a government shutdown. Trump, seeking to sow dysfunction on Biden’s watch and advance his political goals as the GOP front-runner for 2024, is goading his loyalists to shut Washington down. Michigan – which Trump won in 2016 but Biden pulled back into the Democratic column in 2020 – will again be a vital general election state. With the political heat over a potential shutdown rising, Transportation Secretary Pete Buttigieg toured Sunday political talk shows to pressure Republicans. He wrote on his Truth Social network that the shutdown was the “last chance to defund these political prosecutions against me and other Patriots.
Persons: Joe Biden, Donald Trump, Kevin McCarthy, Trump, Biden, , , Nikki Haley, Ron DeSantis, Ronald Reagan, Hunter Biden’s, New Jersey Sen, Robert Menendez, illegalities, Trump’s, McCarthy, Tim Burchett, Dana Bash, ” McCarthy, he’d, midterms, Pete Buttigieg, , ” Buttigieg Organizations: CNN, Office, House Republicans, Democratic, White, GOP, United Auto Workers, Trump, Biden, Republican, Former South Carolina Gov, Florida Gov, Ronald Reagan Presidential, New, Senate Foreign Relations, Trump Republicans, California Republican, Russia, Tennessee, Union, Transportation, Patriots, Republicans Locations: Washington, Michigan, Wolverine, Wisconsin, Florida, California, New Jersey, “ State
Washington CNN —The blue-and-gold flag draped hero worship of Ukrainian President Volodymyr Zelensky’s last Washington trip, which stirred comparisons to Winston Churchill’s wartime stand against Nazism, was a distant memory on Thursday. And in public appearances, Zelensky’s patience sometimes frayed – especially when berating the United Nations for failing to protect its members from aggression. There’s also a question of whether Zelensky’s relentless efforts to shame the world into action might be reaching the point of diminishing returns. Trump exacerbates such concerns by warning that Biden’s help for Ukraine could trigger World War III with Russia. With no end in sight for the biggest war in Europe since World War II, Ukraine’s fate seems increasingly aligned with Biden’s own political destiny.
Persons: Volodymyr Zelensky’s, Winston, Zelensky, Donald Trump’s, Franklin Roosevelt, There’s, Vladimir Putin, Kim Jong, Biden, Mr, ” Biden, Jake Sullivan, , Chuck Schumer, Mitch McConnell, we’re, Carolina Sen, Thom Tillis, Kamala Harris, Nancy Pelosi, Kevin McCarthy, McConnell, we’ve, you’ve, ” McCarthy, , McCarthy, Trump, Putin, Nikki Haley, Vivek Ramaswamy, Trump’s, Ohio Sen, J.D, Vance, Zelensky –, ” Vance, Missouri Sen, Josh Hawley, ” Hawley Organizations: Washington CNN, Republican, CNN, United Nations, United States, Oval, Tactical Missile Systems, NATO, Kyiv, Democratic, GOP, Senate, Trump, Ukraine, , Twitter Locations: Washington, Russia, United States, Ukraine, United, Russian, Russia’s Far, Poland, Warsaw, US, Poland’s, , Carolina, Ukrainian, Southern, America, New Hampshire, American, Moscow, Missouri, Europe
Earlier this month, a group of hard-right Republicans hijacked the floor of the House of Representatives in protest against Speaker Kevin McCarthy. The mutiny, staged by nearly a dozen members of the ultraconservative House Freedom Caucus, raised questions about whether the speaker could continue to govern his slim and fractious majority. Annie Karni, a congressional correspondent for The Times, explains how and why this small group of members made the chamber ungovernable.
Persons: Kevin McCarthy, Annie Karni Organizations: Republicans, Caucus, The Times
Future-Proofing the Board of Directors
  + stars: | 2023-05-01 | by ( ) www.reuters.com   time to read: +29 min
Governance structures and practices should position the board to provide objective judgment and active oversight supported by board leadership, which is separate from and independent of company management. The board should design governance structures and practices that support it in determining board priorities, agendas, and information needs. The board should create governance structures and practices that ensure that directors are competent, committed, and diverse and that board and committee composition align with the company’s changing needs. Developing and supporting a positive and ethical corporate culture (see Corporate and Board Culture below). Corporate and Board CultureA strong board and corporate culture is imperative for a company’s success.
As Silicon Valley Bank went down the tubes, it wasn't surprising that the loudest mouths in Techworld started demanding that the federal government cover everyone's losses. They were pioneers on the frontier of tech and finance, and as such they acted the way pioneers always do. Myths of the frontiersIt's unfashionable for people in the tech industry to dispute the central role that government-funded infrastructure and academic projects have played in the development of Silicon Valley and the digital age. Shout down into Silicon Valley and you'll hear echoes of this same pioneer myth. They see themselves as heroes not of a Western frontier but of space — the Final one — as refracted by the legendary writers of the Golden Age of Science Fiction.
And since he bowed out as Lagos governor in 2007, Tinubu has picked every subsequent winning candidate to run Africa's biggest city. That power will now be tested as Tinubu attempts to tackle Nigeria's crises and improve on Buhari's lacklustre record. Many of these problems worsened under Buhari, on whose party ticket Tinubu ran. A spokesman for Tinubu's campaign did not respond to repeated requests for comment. A biography on his campaign website says Tinubu was born in Lagos in 1952, to a Muslim family from the Yoruba ethnic group, the majority in southwest Nigeria.
“It’s critically important that the Rules Committee reflect the body and reflect the will of the people. “What we’re seeing is the incredibly shrinking speakership,” former House Speaker Nancy Pelosi said in an interview Friday. “The reason these people want to be on the Rules Committee is they want to screw things up for McCarthy. The message the leader received from his deal-making centrists: We can live with giving Freedom Caucus members committee slots but committee gavels are a “nonstarter.”“Nobody should get a chairmanship without earning it,” Bacon said. That pisses us off.”Díaz-Balart said he had received assurances that “there are no deals cut about chairmanships” to committees as part of swaying votes to make McCarthy speaker.
New York CNN —Many on Wall Street cheered last fall when the midterm elections ushered in a return of divided government in Washington. But the historic dysfunction playing out in Congress this week is a reminder that you should be careful what you wish for. Buckle up for debt ceiling brinksmanshipBut lawmakers did not agree to tackle the debt ceiling, the borrowing limit that must be raised to avoid a calamitous US debt default. In the past, brinksmanship over the debt ceiling eventually gave way to a compromise, though often not until significant pressure was applied by business leaders, financial markets — or both. Andrew Frankel, co-president of Stuart Frankel, dismissed the House speaker race as a “big, fat nothing-burger” for the market and said it was “just noise.”“It’s all about the Fed,” Frankel said.
Sociologist and activist Frances Fox Piven warned the US about getting complacent after the midterms. She added that there is still a chance that the US could become a "fascist country." "The United States was well on the road to becoming a fascist country – and it still can become a fascist country." In January, noted political scientist Thomas Homer-Dixon warned that American democracy could collapse if Trump wins in 2024. Piven added that in the years to come, there will be "vengeance politics" and attacks on President Joe Biden from the right wing — particularly in a Republican-controlled Congress.
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