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But Senate Minority Leader Mitch McConnell is proving, again and again, that the road to making law goes through him. A pattern is emerging for legislation the majority seeks to pass in the Democratic-controlled Senate: When McConnell supports it, it has a chance. That carries warnings for President Joe Biden's agenda, whether it's infrastructure or overhauling voting laws, as McConnell mobilizes to stymie his biggest ambitions. Sen. Kevin Cramer, R-N.D., said that Republicans elected McConnell as caucus leader "because we trust his judgment" and that he sometimes asks senators to vote with him. Centrist Sen. Joe Manchin, D-W.Va., said during the Jan. 6 commission debate that "Mitch McConnell makes it extremely difficult" to get things done on a bipartisan basis in the Senate.
Persons: Mitch McConnell, McConnell, Joe Biden's, McConnell mobilizes, Sen, Kevin Cramer, Cramer, He's, Tim Kaine, Chuck Grassley, Grassley, John Cornyn, Cornyn, Richard Shelby, I've, Shelby, Chris Murphy, Jeff Merkley, Eli Zupnick, Joe Manchin, Ben Nelson, Biden Organizations: Democratic, Republicans, U.S . Capitol —, Asian, Democratic Party, Republican, Senate, McConnell, NBC News Locations: WASHINGTON, Ky, China, Iowa, Texas, dealmaking, McConnell's, Nebraska
WASHINGTON — A bipartisan group of 10 senators said Thursday they had reached a tentative infrastructure deal, but skepticism from Republicans and impatience from Democrats left its prospects uncertain as lawmakers departed for the weekend. The other members of the group are Sen. Susan Collins, R-Maine; Sen. Mark Warner, D-Va.; Sen. Bill Cassidy, R-La. Sen. Mark Kelly, D-Ariz., who faces re-election next year, said he favors a bipartisan deal as "the first option," without taking a simple-majority approach off the table. If we can do a bipartisan bill, that's great. "Hope we'll get some Republican votes."
Persons: WASHINGTON, Sen, Mitt Romney, Kyrsten Sinema, Rob Portman, Jon Tester, Joe Biden, Shelley Moore Capito, Susan Collins, Mark Warner, Bill Cassidy, Jeanne Shaheen, Lisa Murkowski, Joe Manchin, Roy Blunt, Mitch McConnell, Capito's, that's, Kevin Cramer, Cramer, Chris Murphy, Ed Markey, Manchin, Dick Durbin, Mark Kelly, Tim Kaine, there's, Kaine, Hope we'll, Bernie Sanders, Sanders Organizations: White, Republican, McConnell, Democratic, Capitol, NBC News, GOP Locations: R, Utah, Ohio, Maine, Alaska, Missouri, Ky
Senate Republican Leader Mitch McConnell also told the group his was open to their ideas, Republicans said. Schumer said work was still progressing on two tracks - one a bipartisan infrastructure bill and the other a measure that if brought to the floor, could pass with only Democratic votes through a maneuver called reconciliation that bypasses the rule requiring 60 votes for bills to advance. Biden and Schumer have talked about such a two-track approach“I was told verbally, stuff, I’ve asked for paper, I’ll look at it,” Schumer said. He and Democratic Senator Jon Tester also spoke of a provision that might raise revenue by having the Internal Revenue Service go after tax cheats. In the latest bipartisan discussions, Republican lawmakers said the group reached tentative conclusions on specific spending provisions that it would pay for without raising taxes.
Persons: Chuck Schumer, Mitch McConnell, Evelyn Hockstein, Joe Biden's, Biden, Shelley Moore Capito, Schumer, I’ve, ” Schumer, Susan Collins, McConnell, , Joe Manchin, Mitt Romney, Jon Tester, Kate Bedingfield, White, , we’re, Chris Murphy, ” Murphy Organizations: WASHINGTON, Democratic U.S, U.S, Senate, Capitol, REUTERS, Republican, Republicans, Democrats, Reuters, Democrat, Democratic, Internal Revenue, White House, CNN Locations: Washington , U.S
Republicans see progress in bipartisan U.S. infrastructure talks
  + stars: | 2021-06-10 | by ( David Morgan | ) + 0.00   time to read: +5 min
REUTERS/Evelyn HocksteinRepublican members of a bipartisan group trying to forge a new deal to boost U.S. infrastructure reported some progress on Thursday after their Senate leader Mitch McConnell told them he was open to such a plan. said Republican Senator Bill Cassidy, one of the bipartisan negotiators. Republican Senator Mitt Romney said other Republicans had also been receptive: "We're talking to individuals one by one, and so far, folks have said they're open to what we're doing." Senator Joe Manchin, a centrist Democrat on the negotiating group, told reporters that "Things are going in the right direction." "Depends on how you talk about raising taxes," Senator Jeanne Shaheen replied.
Persons: Mitch McConnell, Evelyn Hockstein, Joe Biden's, Biden, Shelley Moore Capito, McConnell, Bill Cassidy, Susan Collins, Mitt Romney, Joe Manchin, Chris Murphy, Murphy, Romney, Jeanne Shaheen, nothing's, everything's, Chuck Schumer, Capito, Kate Bedingfield, White, we're, Cassidy Organizations: Republican, Capitol, REUTERS, Reuters, Democrat, Democratic, Republicans, White House, CNN, Thomson Locations: Washington , U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSusquehanna's Chris Murphy: Meme stocks like AMC and Gamestop are behaving like call optionsChris Murphy, Co-Head of Derivatives Strategy at Susquehanna, joins Worldwide Exchange to discuss the options action in stocks like AMC, GME, BB, and BBBY.
Persons: Chris Murphy Organizations: AMC, Gamestop, Susquehanna, Worldwide Exchange
NRA’s gun rights message not slowed by legal, money troubles
  + stars: | 2021-06-08 | by ( ) + 0.00   time to read: +9 min
Liberals have cheered the highly public legal and financial jeopardy ensnaring the National Rifle Association, seeing the gun lobby's potential demise as the path to stricter firearms laws. Four more states have passed legislation banning police from enforcing federal gun laws, a preemptive shot at any new measures passed by Democrats. The number of generally pro-gun rights states outnumbers those that pass gun control measures 40 to 10, although the latter have more people, so the country's population is about evenly divided between the two camps. And a Pew Research Center report released in April found the number of Americans who favor stricter gun laws has declined this year to 53%, down from 60% in September 2019. "Gun rights, the Second Amendment, the right to keep and bear arms is bigger than any organization," said Jordan Stein, communications director for the Gun Owners of America, one such group.
Persons: Sen, Chris Murphy, Conn, Murphy, Jon Ossoff, Raphael Warnock, Wayne LaPierre, Donald Trump's, Trump, Letitia James, LaPierre, he'd, Jordan Stein, Josh Horwitz, Horwitz, Mitch McConnell, Biden's, Andrew Arulanandam Organizations: National Rifle, National Rifle Association, Republican Party, White House, NRA, Democratic, Gallup, U.S . Senate, Justice Department, Democratic New York, Democrats, Capitol, Pew Research Center, Gun Owners of, Shooting Sports Foundation, FBI, Coalition, Republican, Buckeye Firearms Association Locations: Fairfax , Virginia, Washington, Texas, Newtown, Conn, Georgia, El Paso , Texas, Dayton , Ohio, Utah, Kentucky, Ohio, America, Dallas
Penn's Master of Computer and Information Technology (MCIT) is great for computer science beginners. With its wide-ranging application to nearly every industry, a major in computer science is more valued and in demand than ever. According to Glassdoor, related jobs like Java Developer, Data Scientist, DevOps Engineer, Information Security Engineer, and Software Engineer rank in the top 10 best US jobs in 2021. Keep reading to learn more about the length, cost, and benefits of the MCIT program. Is the online MCIT degree worth it?
Persons: Glassdoor, Penn, Theresa Breiner, Chris Murphy Organizations: Computer, Information Technology, Java, Information Security, University of Pennsylvania, Ivy League, Software Development, Facebook, Microsoft, Oracle, Penn Engineering's Department of Computer Locations: undergrad, Coursera
WASHINGTON — When President Barack Obama abandoned a public insurance option to win moderate support for the Affordable Care Act in 2009, progressives were enraged. Making a public option the law would require significant legislative work to flesh out. Senate Democratic aides working on a public option acknowledge that the drug issue has more momentum for now. It’s that it’s not ready for prime time,” Frederick Isasi, executive director of the health care advocacy group Families USA, said. There is some movement on a public option at the state level, where Nevada is set to create a new government insurance plan.
Persons: WASHINGTON, Barack Obama, Joe Biden, , , Alex Lawson, Sen, Patty Murray, Frank Pallone, John Moore, Shalanda Young, Susan Walsh, Tim Kaine, Virginia, Michael Bennet of Colorado, Biden, ” Kaine, ” Ben Nelson, ” Nelson, Bernie Sanders, ” Larry Levitt, Nancy Pelosi, “ It’s, it’s, ” Frederick Isasi, Joe Manchin, Biden’s, ” Sen, Chris Murphy, Conn Organizations: Affordable, NBC News, White, Social Security, Democratic, Remote Area Medical, Medicare, Progressives, Congressional Progressive Caucus, Family Foundation, ACA Locations: Wise, Va, there’s, Nebraska, Nevada, Washington
Congress Gets Back to Globetrotting
  + stars: | 2021-06-04 | by ( Gabriel T. Rubin | ) + 0.00   time to read: +3 min
Trips by congressional delegations to shore up relations with foreign allies (and boost members’ own foreign-policy résumés) are back after a long Covid-19-induced hiatus. Several members of Congress spent the Memorial Day recess abroad, meeting with U.S. allies and thrusting themselves into the middle of some of the world’s most sensitive conflicts, sometimes with risky timing. FLAGS fly once again as proxies in the culture wars. Secretary of State Antony Blinken allowed embassies to fly Black Lives Matter flags and Pride flags, leading to backlash from conservatives. That move was aimed at removing Confederate battle flags, but in the process banned Pride and BLM banners.
Persons: Svetlana Tikhanovskaya, Alexander Lukashenko, Sen, Chris Murphy, Rob Portman, Lukashenko, Vladimir Putin, Jeanne Shaheen, Benjamin Netanyahu, Netanyahu, Lindsey Graham of, Ted Cruz, Graham, Benny Gantz, Yair Lapid, Netanyahu protégé Naftali Bennett, Republican Sens, James Inhofe, Mike Rounds, George Floyd’s, Antony Blinken, Jeff Duncan, Trump Organizations: ITS, Republican senatorial, Defense, Republican, Oklahoma, Rep, Trump administration Defense Department, POW Locations: Belarusian, Vilnius, Lithuania, Conn, , Ohio, Ukraine, Georgia, Israel, Lindsey Graham of South Carolina, Ted Cruz of Texas, Dakota, Romania
The Senate is scheduled to hold a series of votes Thursday on the China bill. McConnell has been lukewarm on the China bill. ‘My favorite philosopher, Mick Jagger’Democrats see the China bill as the test of bipartisan cooperation. Proponents of abolishing the filibuster say the commission vote proves the Senate isn’t functioning, a message likely to be amplified if the China bill flounders. “If the Jan. 6 commission can’t make it through the Senate it’s further evidence of how the filibuster under Mitch McConnell is strangling our democracy,” she said.
Persons: WASHINGTON, , ” Sen, Chris Murphy, Conn, Joe Biden's, Sen, Stefani Reynolds, Mitch McConnell, Tim Kaine, Chuck Schumer, Indiana Republican Sen, Todd Young, Young, we’ve, , I’ve, ” Young, McConnell, hasn’t, Kevin Cramer, Schumer, John Cornyn, don’t, , Mick Jagger, ” Murphy, Joe Manchin, Sens, Mitt Romney, Lisa Murkowski, Susan Collins, Maine —, Kyrsten Sinema, can’t, Angus King, ’ Sen, Sheldon Whitehouse, he’s, ” “, Adam Jentleson, ” Jentleson, Brian Schatz, Elizabeth Warren, Republicans aren’t Organizations: Republicans, NBC News, Democrats, Capitol, Senate, U.S . Innovation, Senate Democratic, Indiana Republican, Schumer, United States Senate, McConnell, Republicans aren’t Locations: China, Texas, Utah, Alaska, Maine, Hawaii
Congressional Democrats will introduce a bill to make it illegal for any school receiving federal funding to use seclusion or dangerous restraints on students. “The data tells us that seclusion and restraint practices in school are dangerous, ineffective and predominately used against kids of color and students with disabilities,” Murphy said in a statement. The Act was originally introduced in 2018 as experts said seclusion and forceful restraints could traumatize children and lead to injuries or death. I've been training officers, and an officer's willingness to look for a different approach is dramatic in most places," Thurau said in a previous interview. Seclusion and restraint practices are commonly used in schools, most often on boys and kids with disabilities, according to the U.S. Government Accountability Office.
Persons: Chris Murphy, Conn, Patty Murray, Murphy, ” Murphy, Robert C, Bobby ” Scott, Lisa Thurau, I've, Thurau, we're, Angelicia Simmons, Fannie Lou Hamer, Erika Strauss Chavarria, Strauss, Chavarria Organizations: National Autism Association, Center for Learner Equity, National Center for Special Education, Department of Education, Education, Labor, Training, Advocacy, U.S, Government, Facebook, Twitter Locations: Sens
WASHINGTON — After years of failed attempts to pass a firearms background check bill, two senators think they have a path to agreement — at least on one key component of a deal. House-passed legislation to require background checks on nearly all gun purchases has stalled in the Senate. The senators say an ambiguity in the law has enabled unlicensed sellers to transfer weapons to dangerous people who skirt the background check system. A gun shop employee shows guns to customers at SP Firearms Unlimited in Franklin Square, New York on August 6, 2021. The two crafted the modest "Fix NICS" legislation to improve reporting into the National Instant Criminal Background Check System that passed Congress with broad support in 2017 and was signed into law.
Persons: WASHINGTON —, Chris Murphy, Conn, John Cornyn, Murphy, Cornyn, Mike Pont, , , ” Murphy, Chuck Schumer “, ” John Feinblatt, Sen, ” “, ” Cornyn Organizations: WASHINGTON, Sens, SP Firearms, Texas Republican, Safety Locations: Texas, Franklin Square , New York, West Texas, Odessa , Texas
Hope rises for bipartisan deal to strengthen gun background checks
  + stars: | 2021-05-26 | by ( ) + 0.57   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHope rises for bipartisan deal to strengthen gun background checksNBC’s Sahil Kapur joins ‘The News with Shepard Smith’ to discuss a potential bipartisan deal on gun reform. Senator John Cornyn (R-Texas) and Senator Chris Murphy (D-Conn.) are working to close the background check loophole.
Persons: Sahil Kapur, Shepard Smith, John Cornyn, Chris Murphy Locations: Texas
Administration officials feared a long fight, and some were concerned that the Israelis would follow through with threats of a ground invasion into Gaza. After their calls Monday and Wednesday, the White House was privately conveying that the conversations had become more tense. When Murphy and Kaine called for a cease-fire, Israeli officials knew the pressure was going to mount. Despite the growing criticism from Congress, the White House took a light approach to Capitol Hill. 'Quiet and relentless diplomacy'"They're a closed group," a Democrat close to the White House said of the Biden team.
Persons: Joe Biden, Biden, Benjamin Netanyahu, Sen, Chris Murphy, Murphy, Donald Trump's, Trump, Antony Blinken, wouldn't, Obama, Israel, Netanyahu, they'd, Mahmoud Abbas, Jake Sullivan, Mark Milley, Lloyd Austin, Benny Gantz, Tim Kaine, Kaine, Abbas, Abdel Fattah al, Sissi, Rashida Tlaib, Tlaib, Jonathan Conricus, , Blinken Organizations: WASHINGTON, Democratic Party, Twitter, House, Hamas, White, State Department, Senate Foreign Relations, Palestinian, Administration, Joint Chiefs of Staff, Defense, Wednesday, Senate Foreign Relations Committee, Armed Services, Foreign Relations, Capitol Hill, Republicans, Democrat, Biden, GOP, Israel Defense Forces Locations: Israel, Michigan, Gaza, U.S, Egypt, Blinken, Tel Aviv, Detroit, Iran
Many Democrats celebrated the news of an Israel-Hamas cease-fire. Other Democrats echoed these concerns, urging the Biden administration to do more to address the Israeli occupation of Palestinian territories and the economically devastating blockade on Gaza. Biden after the cease-fire announcement pledged to help with the reconstruction process in Gaza, and to provide "rapid humanitarian assistance." Lawmakers like Sanders and Rep. Alexandria Ocasio-Cortez this week also moved to block a $735 million arms sale to Israel approved by the Biden administration. Biden is rapidly discovering that the old ways of approaching US-Israeli relations just aren't cutting it for a lot of Democrats.
Persons: Biden, Democratic Sen, Chris Murphy, Sen, Bernie Sanders of, Sanders, Abdel Kareem Hana, Rashida, Joe Biden's, Ilhan Omar, who's, Omar, Alexandria Ocasio, Cortez, Joe Biden, Benjamin Netanyahu, Baz Ratner, It's, Obama, Ben Rhodes, There's, Rhodes Organizations: Hamas, Progressives, Democratic, Senate Foreign Relations, Twitter, Associated Press, West Bank, Al, CNN, Israel's, NPR, UN Locations: Israel, Bernie Sanders of Vermont, Gaza, Beit Lahiya, Michigan, Minnesota, Aqsa, Al, Alexandria, Jerusalem, China, East, Palestine
When it came to the current flare up between Israelis and Palestinians, President Biden took more than a week to make such a call. Even its more centrist members are now echoing some of the impatience with Israel of the party’s progressive wing. Republican lawmakers who have spoken out, meanwhile, mostly have urged strong support for Israel. Sen. Todd Young (R., Ind.) and Sen. Chris Murphy (D., Conn.) called for efforts to achieve a cease-fire quickly over the weekend.
Persons: WASHINGTON, Biden, , Israel, Sen, Todd Young, Chris Murphy Organizations: Democratic Party, Republican, Israel Locations: Ind, Conn
Biden, the Democrats and Israel
  + stars: | 2021-05-18 | by ( The Editorial Board | ) sentiment -0.99   time to read: +1 min
Since Hamas began its rocket offensive last week, the Biden Administration has wisely refused to dictate the Israeli response. But the U.S. narrative war took a notable turn this week as Congressional Democrats demanded a cease-fire. Media and progressive activists blamed the Hamas-initiated war on Israel, as they always do, but the White House did not go along. Connecticut Sen. Chris Murphy told Politico, “If Israel doesn’t believe a cease-fire is in their interest, that doesn’t mean we have to accept that judgment. Israel wants a swift end to the conflict, not a repeat of its 2014 Operation Protective Edge, which lasted 50 days and involved a Gaza ground incursion.
Persons: Biden, , Nancy Pelosi, Connecticut Sen, Chris Murphy, Israel doesn’t, Gregory Meeks, Israel Organizations: Biden Administration, Islamic, Media, Capitol, Politico, , , House Foreign Affairs Committee Locations: U.S, Israel, Jerusalem, Gaza,
Biden on Monday expressed support for a cease-fire in the Middle East amid pressure from Democrats. President Joe Biden on Monday expressed support for a cease-fire in the Middle East after avoiding pushing for one, which put his administration at odds with top Democrats. This came just hours after Senate Majority Leader Chuck Schumer on Monday joined the growing calls from Democrats for a cease-fire. Over two dozen Senate Democrats, led by Georgia's Sen. Jon Ossoff, also signed a statement on Sunday calling for a cease-fire. The White House on Monday said that rather than publicly pushing for a cease-fire, the Biden administration was employing a "quiet, intensive diplomacy."
Persons: Biden, Joe Biden, Benjamin Netanyahu, Chuck Schumer, Democratic Sen, Chris Murphy, Republican Sen, Todd Young, Schumer, Murphy, Young, Georgia's Sen, Jon Ossoff, Linda Thomas, Greenfield, Antony Blinken, Benny Gantz, Gantz, Netanyahu, Israel Organizations: Democratic Party, Israeli, Monday, Democratic, Republican, Indiana, Sens, Service, UN, Associated Press, U.S . Administration, Security, Israel, Reuters Locations: Israel, Egypt, Connecticut, Gaza
Obama's two terms in office had already been pockmarked by major mass shootings that came to be memorialized by the cities in which they took place: Tucson. We have not said the phrase 'thoughts and prayers' since it became a rallying cry on the other side. "Mass shootings too many to count," he said in the cavernous football stadium. "There was a time when the NRA was offering its thoughts and prayers, lawmakers were offering their thoughts and prayers," Watts said. I mean, I haven't seen Lauren Boebert say a single word online about the mass shooting that just took place in her own state."
Persons: Barack Obama, churchgoers, Obama, Cody Keenan, Toomey, , Cody, Keenan, Grace, Bruce Springsteen, I've, Marilynne Robinson, Zev Karlin, Neumann, Pete Buttigieg's, Karlin, Paul Helmke, Sam Weaver, Weaver, Harry Truman, Trump, Marjory Stoneman, Sen, Thom Tillis, hewed, Matthew, Mitch McConnell, Luke Sharrett, Joe Hogsett, it's, Hogsett, Jon Cherry, Joe Biden, King Soopers . Biden, Sandy Hook, Thomas Cook, Cook, Safety's Shannon Watts, Everytown, Chris Murphy, It's, Watts, Lauren Boebert, Boebert, Murphy Organizations: Emanuel African Methodist Episcopal Church, Charleston, Congressional Research Service, Sandy Hook Elementary, Democratic, El Paso Walmart, Republican, Hallmark, White, Conference, Children, Columbine, Senate, Umpqua Community College, Republicans, Marjory Stoneman Douglas High School, Vegas, Columbine High School, Christian Theological Seminary, Lucas Oil, FedEx, Boulder, Mayors, NRA Locations: Charleston , South Carolina, Tucson, Fort Hood, Aurora, Newtown, Charleston, USA, Connecticut, America, El Paso, Fort Wayne , Indiana, Brady, Boulder , Colorado, Korea, Colorado, Hood, Belgium, Brussels, Roseburg , Oregon, America —, Florida, North Carolina, Louisville , Kentucky, Mandalay, Parkland, Indianapolis, Indiana
Chris Kleponis | Bloomberg | Getty ImagesPresident Joe Biden on Thursday called for a de-escalation of violence in Israel and the Gaza Strip as attacks intensify and more people are killed. Israeli ground forces have been bombing and sending troops and tanks to the Gaza border after Palestinian militants fired more rockets into Israel on Thursday. Some world leaders and lawmakers have condemned the conflict and urged against violence they argued could escalate into an all-out war. Israel President Reuven Rivlin urged against a "senseless civil war" amid unrest in towns and cities. Palestinians assess the damage caused by Israeli air strikes, in Beit Hanun in the northern Gaza Strip, on May 14, 2021.
Persons: Joe Biden, Chris Kleponis, Mahmud Hams, Israel, Benjamin Netanyahu, , Netanyahu, Reuven Rivlin, Antonio Guterres, Guterres, Sen, Chris Murphy, Conn, Murphy, Antony Blinken, Hady Amr Organizations: White, Washington , D.C, Bloomberg, Getty, Palestinian, Hamas, AFP, Israel, Foreign Relations, U.S . State Department, — Reuters, Associated Press Locations: Washington ,, Israel, Gaza, Gaza City, Mahmud, U.N, Beit Hanun
read moreRather than positioning for a quick rebound, as they have typically done in recent past, traders in the options market are laser-focused on defensive plays. Options market measures, including skew - a gauge of demand for upside vs downside - show investors extremely concerned about further weakness for U.S. stocks. Meanwhile, the Cboe Volatility Index (.VIX) an options market gauge of expectations for near-term volatility - jumped to a two-month high of 26.96 on Wednesday, highlighting investors' jangled nerves. The VVIX Index (.VVIX), which measures the cost of hedging with VIX options, jumped as high as 145.5 on Wednesday. The VVIX being north of 120 points to a market that is "wound really tight," Nomura's McElligott said.
Persons: Randy Frederick, Charlie McElligott, Chris Murphy, Nomura's McElligott Organizations: Nasdaq, Schwab Center, Financial Research, Nomura, Susquehanna, Thomson
Biden has a narrow window of opportunity to prevent a new nuclear crisis with Iran. To restore the 2015 nuclear deal, Biden needs Congress' support, including that of hawkish Democrats. There is no path to resolving those important issues that does not begin with a restoration of the 2015 agreement that Trump violated. Iranians celebrate in Tehran after Iran reached a nuclear agreement with the US and other world powers, April 2, 2015. Biden needs a solid foundation for further negotiations with Iran to try to secure a follow-on deal that strengthens and lengthens the original nuclear agreement and advances America's interests in the region.
Persons: Biden, Thomas M, Joe Biden, Donald Trump, Sen, Tim Kaine, Christopher Murphy, Lindsey Graham, Bob Menendez, Chris Murphy, Zach Gibson, , Menendez, Republican Sen, Lindsey Graham —, Trump, Graham, Jim Risch Organizations: Arms Control Association, White, Capitol, Foreign Relations Committee, Republican, Iran, AP, Biden, Democrats Locations: Iran, Virginia, Connecticut, Tehran, Vienna
U.S. senators press Biden administration for new Yemen donor conference
  + stars: | 2021-05-04 | by ( Patricia Zengerle | ) sentiment -0.97   time to read: +2 min
REUTERS/Khaled AbdullahA bipartisan group of U.S. senators pressed the State Department on Tuesday to push international donors to address a $2.5 billion shortfall in assistance to alleviate the humanitarian crisis in Yemen. "Today, nearly 50,000 people in Yemen are living in famine-like conditions with 5 million more just a step away. The letter noted that the United Nations' $3.4 billion appeal in 2020 was only 50% funded, and its $4.2 billion appeal was 87% funded in 2019. Noting that Switzerland and Sweden, which lead the fundraising effort for Yemen, have called for another conference, they urged Blinken to rally major donors. A Saudi Arabia-led military coalition intervened in Yemen in 2015 after the Iran-aligned Houthi group ousted the country's government.
Persons: Khaled Abdullah, Antony Blinken, Chris Murphy, Jeanne Shaheen, Todd Young, Jeff Moran, Blinken, Joe Biden, Yemen Tim Lenderking, Lenderking Organizations: REUTERS, State Department, Reuters, United Nations, United, United Arab Emirates, Thomson Locations: Sanaa, Yemen, United, Switzerland, Sweden, Saudi Arabia, Iran, Oman, L1N2MM00C U.S, United Arab
Deutsche Bank this month called for a pullback of as much as 10% in the S&P 500 as growth decelerates, and BofA Global Research backed a year-end target for the index about 8% below current levels. The S&P 500 has declined at least 5% every 177 calendar days, according to Sam Stovall, chief investment strategist at CFRA. Stocks were on track for a decline this week but the S&P 500 is still up 10% in 2021. A Reuters poll of strategists from May 2020 forecast the S&P 500 ending the year with a marginal decline from that point. A February 2019 poll projected a 3.8% S&P 500 rise for the rest of that year, when it ended up rising some 15% more.
Persons: Brendan McDermid, Goldman Sachs, Morgan Stanley, Sam Stovall, , Robert Pavlik, Stovall, Randy Frederick, Charles Schwab, Stocks, Chris Murphy, Joe Biden, Refinitiv, Peter Tuz, Scott Schermerhorn Organizations: YORK, New York Stock Exchange, REUTERS, Deutsche Bank, BofA Global Research, Dakota Wealth, , Federal, U.S, Apple Inc, Google, Inc, Chase Investment, Apple, Amazon Inc, Prudential Financial, Natural Resources, Green Brick Partners, Investment Advisors Locations: New York City, U.S, Charlottesville , Virginia
Deutsche Bank this month called for a pullback of as much as 10% in the S&P 500 as growth decelerates, and BofA Global Research backed a year-end target for the index about 8% below current levels. The S&P 500 has declined at least 5% every 177 calendar days, according to Sam Stovall, chief investment strategist at CFRA. Stocks were on track for a decline this week but the S&P 500 is still up 10% in 2021. A Reuters poll of strategists from May 2020 forecast the S&P 500 ending the year with a marginal decline from that point. A February 2019 poll projected a 3.8% S&P 500 rise for the rest of that year, when it ended up rising some 15% more.
Persons: Goldman Sachs, Morgan Stanley, Sam Stovall, , Robert Pavlik, Stovall, Randy Frederick, Charles Schwab, Stocks, Chris Murphy, Joe Biden, Refinitiv, Peter Tuz, Scott Schermerhorn Organizations: YORK, Deutsche Bank, BofA Global Research, Dakota Wealth, , Federal, U.S, Apple Inc, Google, Inc, Chase Investment, Apple, Amazon Inc, Prudential Financial, Natural Resources, Green Brick Partners, Investment Advisors Locations: Charlottesville , Virginia
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