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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Rep. Hensarling: VP Kamala Harris' greatest positive is she isn't Joe BidenFormer U.S. Senator Heidi Heitkamp (D-N.D.) and former U.S. Congressman Jeb Hensarling (R-Texas) join 'Squawk Box' to discuss news of President Biden dropping out of the 2024 presidential race, who the next Democratic nominee should be, impact on the 2024 election, and more.
Persons: Kamala Harris, Joe Biden, Heidi Heitkamp, Jeb Hensarling, Biden Organizations: Joe Biden Former U.S, Democratic Locations: Texas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Rep. Jeb Hensarling on S.C. primary: You don't build a political movement by subtractionFormer U.S. Congresswoman Donna Edwards (D-M.d.) and former U.S. Congressman Jeb Hensarling (R-Texas) join 'Squawk Box' to discuss the state of the 2024 race, takeaways from the South Carolina primary, the fight over government funding, border security, and more.
Persons: Jeb Hensarling, Donna Edwards Organizations: South Locations: Texas, South Carolina
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. Sen. Heitkamp on House Speaker battle: I think Rep. Steve Scalise can do the jobFormer U.S. Senator Heidi Heitkamp (D-N.D.) and former U.S. Congressman Jeb Hensarling (R-Texas) join 'Squawk Box' to discuss the battle for House Speaker, whether Rep. Steve Scalise can receive enough votes for speakership, impact of another potential government shutdown, and more.
Persons: Sen, Heitkamp, Steve Scalise, Heidi Heitkamp, Jeb Hensarling Organizations: U.S Locations: Texas
Regulators May Sink America’s Banks
  + stars: | 2023-06-22 | by ( Jeb Hensarling | Michael Solon | ) www.wsj.com   time to read: 1 min
Wonder Land: Republican presidential hopefuls Ron DeSantis, Mike Pence, Nikki Haley, Tim Scott, Chris Christie, Vivek Ramaswamy and maybe even Donald Trump are united on spending. All offer a much safer future than the alternative. Images: Reuters/Zuma Press Composite: Mark KellyIn response to this year’s failures of midsize banks, the Biden administration—through the Federal Reserve, the Federal Deposit Insurance Corp. and the Comptroller of the Currency—is trying to mandate 20% higher capital standards for the nation’s largest banks. The Obama administration did the same after the subprime mortgage crisis in 2010. When the totality of macroeconomic conditions are weighed, the dramatically higher capital requirements will threaten financial stability.
Persons: Ron DeSantis, Mike Pence, Nikki Haley, Tim Scott, Chris Christie, Vivek Ramaswamy, Donald Trump, Mark Kelly, Biden, , Obama, It’s Organizations: Republican, Zuma, Federal Reserve, Federal Deposit Insurance Corp
On top of the GOP gubernatorial primary in Kentucky, there are other contests taking place on Tuesday that could provide some clues about 2024 — even though it’s hard to draw too many lessons from individual races. Voters are also heading to the polls in Pennsylvania, which is hosting a crowded Democratic primary for Philadelphia mayor. Two races will also provide some insight into voter attitudes in two key counties in two crucial battlegrounds. In other Pence news, he will attend Iowa GOP Sen. Joni Ernst’s “Roast and Ride” event next month, per Fox News (former United Nations Ambassador Nikki Haley is also attending). Jumping in: Former state Rep. Leslie Love jumped into the Democratic Senate primary in Michigan on Monday.
Republican allies form Super PAC to back Pence presidential bid
  + stars: | 2023-05-16 | by ( ) www.reuters.com   time to read: +2 min
WASHINGTON, May 16 (Reuters) - Allies of Mike Pence launched a Super PAC on Tuesday to garner support for the former vice president as he moves toward an expected run for the 2024 Republican presidential nomination. The political action committee will be led by former U.S. Representative Jeb Hensarling and longtime Republican strategist Scott Reed, the group said in a statement. Super PACS are allowed to raise unlimited sums for political purposes, provided they do not coordinate directly with campaigns. Standing up to Trump has not won him broad support among the Republicans who remain loyal to the former president. Florida Governor Ron DeSantis, an expected candidate, drew 21% support, while Pence was backed by 5% of Republicans.
Aides to Mike Pence say the former vice president’s strategy in a White House run would stress Iowa, where the first nominating contest will be held next year. Photo: Michael Palmer/Zuma PressFormer Vice President Mike Pence is taking more concrete steps toward running for the 2024 Republican presidential nomination, including supporting the launch of a super PAC to back a potential bid that he has said he would decide on by late June. “People know Mike Pence, they just don’t know him well,” Mr. Reed said. An April Wall Street Journal poll put Mr. Pence at 1% in a hypothetical GOP primary field that included a dozen candidates. Mr. Pence, who was a radio talk-show host before being elected to Congress and later Indiana’s governor, has hawkish foreign-policy views that are at odds with some segments of the GOP.
Former Vice President Mike Pence is expected to soon declare a long-shot campaign for the White House against the president under whom he served, pitching himself as a “classical conservative” who would return the Republican Party to its pre-Trump roots, according to people close to Mr. Pence. Mr. Pence is working to carve out space in the Republican primary field by appealing to evangelicals, adopting a hard-line position in support of a federal abortion ban, promoting free trade and pushing back against Republican efforts to police big business on ideological grounds. He faces significant challenges, trails far behind in the polls and has made no effort to channel the populist energies overtaking the Republican Party. In a sign his campaign will be announced in the coming weeks, a pro-Pence super PAC called Committed to America is being set up. A veteran Republican operative, Scott Reed, who ran Bob Dole’s 1996 presidential campaign and was the longtime top political strategist for the U.S. Chamber of Commerce, will lead the group alongside Jeb Hensarling, a close friend of Mr. Pence’s who served with him in Congress.
The Supreme Court will take on a lower court's decision that the Consumer Financial Protection Bureau's federal funding is unconstitutional. Senator Elizabeth Warren advocated for the Supreme Court to strike down that decision. "If the Supreme Court follows more than a century of law and historical precedent, it will strike down the Fifth Circuit's decision before it throws our financial markets and economy into chaos." McHenry, who now runs the House Financial Services Committee, has hinted at seeking stronger oversight for CFPB for months now. And that's on top of a longer context of Republicans challenging the CFPB's funding and decision making.
The Government Debt Threat Keeps Mounting
  + stars: | 2023-01-18 | by ( Jeb Hensarling | ) www.wsj.com   time to read: +1 min
If the president and the new Congress will heed a few lessons from past experience, perhaps some hope may be warranted. Over the past 50 years there have been numerous congressional efforts to reduce budget deficits. Most clearly failed, although some, such as the Clinton-Gingrich agreement of 1997 and the Budget Control Act of 2011, achieved noteworthy savings in their day. Even successful agreements had only marginal effects on long-term national debt. Because with the possible exception of Ronald Reagan and Speaker Tip O’Neill ’s Social Security agreement of 1983, those agreements didn’t meaningfully reform spending on entitlements such as Medicare, Medicaid and Social Security.
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