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Republicans have wrongly created a narrative where white men see themselves as "victims" who are "under attack", according to Barack Obama. "That's a story that's being told and how you unwind that is going to be not something that is done right away," Obama said in a radio interview on Wednesday. Trump and the Republicans have won millions of votes partly by framing white American men as "victims" who are "under attack," according to former president Barack Obama. "What's always interesting to me is the degree to which you've seen created in Republican politics the sense that white males are victims," Obama told the Breakfast Club radio show. Trump won white men by a margin of around 31% in his 2016 election victory over Hilary Clinton, and performed particularly well among white men in rural areas.
Persons: Barack Obama, Obama, Trump, Joe Biden, you've, that's, Hilary Clinton, Biden, he's, Kamala Harris, Republican Sens, David Perdue, Kelly Loeffler, Jon Ossoff, Raphael Warnock, Mitch McConnell, aren't Organizations: Republicans, Breakfast Club, The Guardian, Trump, Republican Locations: Georgia
Spencer Platt/Getty ImagesUS stock futures point to a modestly higher start to trade later, after the Dow Jones crossed 30,000 for the first time on Tuesday, lifted by optimism over a vaccine and Biden's picks for his administration. "Eventually, there will be a price to pay - but worry about that another day," Stephen Innes, chief market strategist at broker Axi, said. US stock futures pointed to a potentially record-breaking start to trade on Wall Street later on Wednesday, buoyed by optimism that a solution for COVID-19 will deliver the global economy from deeper harm. "Yellen and US Fed Chair Jerome Powell are the new normal economic power brokers," Stephen Innes, chief market strategist at broker Axi, said. The Brent crude futures market suggests traders are at their most bullish over the demand outlook in 2021 in months.
Persons: Spencer Platt, Dow Jones, DAX, incentivized, Stephen Innes, Axi, Donald Trump, Joe Biden's, Biden, Janet Yellen, Jerome Powell, Read, Mitch McConnell, Ian Shepherdson, Yellen, Powell, Shepherdson, Seoul's KOSPI, Brent Organizations: New York Stock Exchange, Getty, Wall, Federal Reserve, Nasdaq, Treasury, of Economic Advisors, Macroeconomics, Fed, CAC, Brent Locations: dovishness, Shanghai
After he leaves the White House, Trump is going to turn the GOP into 'The Apprentice' — a show where he stars, hosts, and all the contestants compete for his favor. It's becoming crystal clear what Trump wants to do after he leaves the White House — he wants to turn the GOP into his old TV show, "The Apprentice." Just like the show, Trump envisions a Republican Party where everyone who wants to be anyone has to vie for his approval. That means he will prioritize slavish devotion over talent, just like he did in his highly incompetent White House and with his highly incompetent legal team. This is exactly what the Republican Party deserves.
Persons: Trump, Joe Biden, Delaware Sen, Chris Coons, He's, — he's, , Gabe Sherman, Rupert Murdoch, Nikki Hayley, Florida Sen, Marco Rubio, it's, David Perdue, Kelly Loeffler, Lin Wood, They're, Mitch McConnell Organizations: Republican Party, GOP, Democratic, Trump, GOP Senators, YouTube, Twitter, News Corp, Fox News, Washington Post, UN, South Carolina Gov, White, Republicans, Georgia Republican, Georgia Locations: Washington, Delaware, Trump, Florida, Georgia, Sens
14 million workers face losing unemployment benefits at the end December
  + stars: | 2020-11-25 | by ( Greg Iacurci | ) www.cnbc.com sentiment -1.00   time to read: +2 min
Capitol Building in Washington, D.C. DEA / M. BORCHI | De Agostini | Getty ImagesNearly 14 million American workers are collecting unemployment benefits through programs that will lapse at the end of the year without congressional action. CARES Act unemploymentCollectively, more than half of the roughly 20.5 million total workers on state and federal unemployment rolls would lose their benefits if these programs expire. Some Republican senators seem to want to extend some of the existing unemployment programs. However, many states have stopped paying these extended benefits, which typically amount to 13 or 20 extra weeks, in recent months. More than 411,000 workers in 17 states won't be able to collect extended benefits because of this, according to a CNBC analysis of Labor Department figures.
Persons: De Agostini, Andrew Stettner, Mitch McConnell, Sen, John Cornyn, hasn't Organizations: Getty, Century Foundation, Democratic, Republican, CNBC, Labor Department Locations: Washington ,, Ky, Texas
Senators David Perdue and Kelly Loeffler wearing protective masks clap during a campaign event in Cumming, Georgia, U.S., November 13, 2020. Losses by both Perdue and Loeffler would deadlock the Senate, giving Vice President-elect Kamala Harris the tie-breaking vote. Some Republican officials say Trump’s repeated attacks on the election as “rigged” could depress turnout among his core supporters. “That’s a bit of a confusing message.”Raffensperger has struck back at Trump, Loeffler and Perdue, saying the election was fairly conducted. The party’s civil war in Georgia could turn off moderate voters who might otherwise be inclined to support the Republican incumbents.
Persons: Donald Trump’s, Senators David Perdue, Kelly Loeffler, Dustin Chambers, Joe Biden’s, David Perdue, Kelly, Trump, Biden, Perdue, Loeffler, Kamala Harris, Mitch McConnell’s, , Amy Steigerwalt, ” Perdue, Jon Ossoff, Rev, Raphael Warnock, Doug Collins, , REPUBLICAN Perdue, Brad Raffensperger, Lin Wood, ” Gabriel Sterling, ’ ”, Andrew Yang, ” Raffensperger, Alan Abramowitz Organizations: Reuters, Senators, REUTERS, Democratic, Republican, U.S . Senate, Georgia State University, , REPUBLICAN, Georgia, Trump, American Sovereignty, Senate, Loeffler, Emory University Locations: Georgia, Cumming , Georgia, U.S, Atlanta, Trump
FILE PHOTO: U.S. Senate Majority Leader Mitch McConnell (R-KY) arrives for the news conference following the weekly Senate Republican caucus policy luncheon on Capitol Hill in Washington, U.S. November 17, 2020. Some Senate Republicans - most of whom have yet to acknowledge Biden’s defeat of President Donald Trump or refer to Biden as president-elect - quickly condemned his picks. Influential Senate Republican John Cornyn told reporters he assumed Cabinet picks would be negotiated if Biden becomes president. Senate Majority Leader Mitch McConnell has not hesitated to wield the power of his office since Republicans won Senate control in 2014. Georgia voters go to the polls on Jan. 5 for two runoff elections pitting strong Senate Trump supporters David Perdue and Kelly Loeffler against Democratic challengers.
Persons: Joe Biden, Mitch McConnell, Jonathan Ernst, Marco Rubio, Tom Cotton, Biden’s, Antony Blinken, Linda Thomas, Greenfield, Avril Haines, Biden, Janet Yellen, , ” Biden, Donald Trump, Rubio, ” Cotton, Robert Gates, huggers, Republican John Cornyn, Barack Obama, Trump, I’m, ’ ” McConnell, McConnell, Yellen, David Perdue, Kelly Loeffler, Kamala Harris, Lara Brown, , coasted, Obama, Blinken, Bob Menendez, there’s, Jen Psaki Organizations: WASHINGTON, U.S . Senate, Republican, Capitol, REUTERS, State Department, United Nations, CIA, United States Senate, Foreign Relations Committee, Twitter, Senate, Republicans, Democratic, Trump, Georgia, George Washington University, Kentucky Senate, Reuters, CNN Locations: Washington , U.S, Georgia, China, Capitol Hill
I wish medical workers could take vacation days, too. Just imagine how much more worried they'll be if their local hospitals, overwhelmed by surges of Covid-19 patients, run out of nurses. Our leaders have left it up to medical workers to save American lives, but they've denied us the resources to do so. Our leaders seem to have forgotten that medical workers are human beings. In the ICU, I was treating the sickest patients I'd ever seen, under the most difficult conditions.
Persons: I'd, I'm, I've, Donald Trump, Mitch McConnell, Covid, Janet Campbell, Vincent, Janet Campbell Vincent, they'll, they've, Nancy Pelosi, Chuck Schumer, McConnell, Republican counteroffers, haven't Organizations: for Disease Control, Democratic, Democrats, Republican Locations: Covid, United States, Washington, Trump, New York City, Phoenix, California, New York, U.S
WASHINGTON — Sen. Dianne Feinstein said Monday she will step down as top Democrat on the Judiciary Committee in the new session of Congress beginning early 2021, marking a victory for progressives who pressured her to step aside. “After serving as the lead Democrat on the Judiciary Committee for four years, I will not seek the chairmanship or ranking member position in the next Congress,” the California Democrat said in a statement. This has been one of the best set of hearings that I've participated in,” Feinstein told Graham in the committee room. “For the last four years, Republicans leading the Senate Judiciary Committee have turned a blind eye to the worst abuses of the Trump era,” Durbin said in a statement. “While President Trump assaulted the Constitution, the Judiciary Committee abdicated its oversight responsibilities and became little more than a conveyor belt to rubberstamp ideological and largely underqualified judicial nominees.
Persons: WASHINGTON — Sen, Dianne Feinstein, , Feinstein, Diane Feinstein, Lindsey Graham, Amy Coney Barrett, Samuel Corum, I've, ” Feinstein, Graham, NARAL, MoveOn.org, Barack Obama, Donald Trump, Mitch McConnell, , Brian Fallon, Chuck Schumer, “ I’ve, Sen . Feinstein, That’s, Schumer, Feinstein’s, Biden, Dick Durbin, Trump, ” Durbin Organizations: California Democrat, Supreme, Capitol, Getty, Demand, Republicans, , Committee, Judiciary, Intelligence Locations: California, Illinois, Georgia
Sen. Dianne Feinstein said she would step down as the top Democrat on the Senate Judiciary Committee in the next session of Congress. The resignation comes after criticism that she was not aggressive enough during the Amy Coney Barrett confirmation hearings. Sen. Dianne Feinstein said she would step down as the top Democrat on the Senate Judiciary Committee. "Going forward, Democrats on the Senate Judiciary Committee must be led by someone who will not wishfully cling to a bygone era of civility and decorum that Republicans abandoned long ago." "I intend to seek the top Democratic position on the Judiciary Committee in the 117th Congress.
Persons: Sen, Dianne Feinstein, COVID, Amy Coney Barrett, Feinstein, Donald Trump, Mitch McConnell, Brian Fallon, Politico, Dick Durbin, Durbin Organizations: Politico, Supreme, Demand, Trump White House, Democratic Locations: California
A group of more than 125 economists worldwide are calling for another round of $1,200 COVID-19 stimulus checks to keep Americans out of poverty. More than 125 economists from major institutions across the world are urging Congress to send a second round of $1,200 stimulus checks to American families and businesses hit hardest by the COVID-19 crisis. Now, a group of 127 economists have signed an open letter to US policymakers, urging them to send another round of payments. The economists described the stimulus checks as "an essential tool" for keeping lots of Americans out of poverty. They cited research from the Urban Institute, showing that a second round of checks would ensure 14 million people are kept out of poverty.
Persons: Jason Furman —, Barack Obama —, Claudia Sahm, Alan Blinder, Jason Furman, Barack Obama, Read, Joe Biden, Mitch McConnell, Nancy Pelosi, Chuck Schumer, McConnell, Pelosi, Schumer, Biden Organizations: Federal Reserve, Democrats, Relief, Economic Security, Urban Institute, Biden, Democratic Locations: COVID
Now that it's all over but the shouting Republicans are slowly trickling out and conceding Biden was elected president. That challenge, led by a melting Rudy Giuliani and featuring the QAnon-supporting Sidney Powell who embarrassed Trump (I repeat, Trump!) Trump's legal team, in the words of loyal Trumpist former Gov. Needless to say, the situation in 2000 was vastly different and a significantly more legitimate legal challenge. Because Trump can't accept that he is, in his own parlance, a "total loser," he's unconscionably assaulted democracy.
Persons: Trump, Biden, Emily Murphy, Joe Biden, Rudy Giuliani, Sidney Powell, Electoral College — Biden, Chris Christie, it's Trump, Biden's, Republican Sen, Bill Cassidy, Trump's, Cassidy, Al Gore's, Mitch McConnell's, placating Trump, they'll, Hugo Chavez, , he's unconscionably, We'll Organizations: General Services Administration, Electoral College, Trump, Republicans, Biden, Republican, GSA, Capitol, YouTube, Fox News, Republican Party Locations: Louisiana, China
Treasury Secretary Steven Mnuchin is moving $455 billion in unspent stimulus money into a fund that the incoming Biden administration cannot deploy without Congress, Bloomberg reported on Tuesday. Treasury Secretary Steven Mnuchin is moving $455 billion in unspent stimulus money into a fund that the incoming Biden administration cannot deploy without Congress, Bloomberg reported on Tuesday. That amount includes money that Mnuchin is yanking from the Federal Reserve and unused loans for companies. The treasury and central bank jointly operate the lending programs under the CARES Act which Congress approved in March. Mnuchin then called on Congress to repurpose the unspent money, and he drew support from Republicans like Senate Majority Leader Mitch McConnell.
Persons: Steven Mnuchin, Biden, Mnuchin's, Janet Yellen, Ernie Tedeschi, Tedeschi, Bharat Ramamurti, Mnuchin, Joe Biden, Jerome Powell, Mitch McConnell Organizations: Bloomberg, Federal Reserve, Fund, Treasury Department, Evercore ISI, Democratic, Biden Administration, Twitter, President, Fed, CNBC
WASHINGTON (Reuters) - President Donald Trump gave some ground on Monday to allow Joe Biden’s transition to the presidency after the ranks grew of prominent Republicans calling for Trump to end efforts to overturn his election defeat. FILE PHOTO: U.S. President Donald Trump plays golf at the Trump National Golf Club in Sterling, Virginia, U.S., November 15, 2020. Trump, however, did not formally concede the election to Biden. Intensifying pressure from some Republicans may have factored in Trump’s move to allow funding for Biden’s transition. However, Portman did not refer to Biden as “president-elect” and referred to his becoming the next president as a “likely event.” Capito also did not refer to Biden as president-elect.
Persons: Donald Trump, Joe Biden’s, Joshua Roberts, Biden, Trump, Mitch McConnell, Kevin McCarthy, Shelley Moore Capito, Rob Portman, ” Portman, Portman, , ” Capito, Lamar Alexander, , Alexander, Chris Christie, Trump’s Organizations: WASHINGTON, Trump, Trump National Golf Club, REUTERS, Biden, Republican, Tennessee Senate, Michigan, New, ABC Locations: Sterling , Virginia, U.S, West Virginia, Ohio, Tennessee, Washington, New Jersey
It has sent members of Trump's party scrambling to find a path for the defense bill, which outlines military policy and funding, and put them on a collision course with Democrats. The effort to change the names of military bases honoring Confederate military leaders has been a target for Trump for months. In July, Trump tweeted that he would veto the measure if it includes an amendment that renames bases. "I will Veto the Defense Authorization Bill if the Elizabeth 'Pocahantas' Warren (of all people!) of Fort Bragg, Fort Robert E. Lee, and many other Military Bases from which we won Two World Wars, is in the Bill!"
Persons: Donald Trump, Trump, He's, Mark Esper, James Inhofe, he's, Inhofe, Mitch McConnell, Jack Reed, Reed, Adam Smith, it's, Smith, Elizabeth, Pocahantas, Warren, Fort Robert E, Lee, haven't, Joe Biden, Biden, Warren's, adjourns Organizations: WASHINGTON, Confederate, House, Republican, National Defense, Republicans, Democrats, Trump, Senate Armed Services, Senate Armed Services Committee, House Armed Services Committee, Defense Department, Biden Locations: Ky, Fort Bragg
So far, it has pulled in only $3.6 billion in funding for research, manufacturing and subsidies for poor countries. In recent months, Mr. Gates, who emphasizes that he is one of many involved in the vaccine effort, has hosted online round tables with drug company officials. And to help staff the vaccine effort, his foundation has provided millions of dollars for McKinsey & Company consultants. India and South Africa, for example, are pushing to suspend the global enforcement of intellectual property rights involving the virus. Dr. Zweli Lawrence Mkhize, South Africa’s health minister, said that the usual practices did not apply in this crisis.
Persons: Gates, Melinda Gates, Emmanuel Macron, Chancellor Angela Merkel of, Ursula von der Leyen, Crown Prince Mohammed bin Zayed, Anthony S, Mitch McConnell, ’ ”, Ariel Pablos, Gates’s, Zweli Lawrence Mkhize, Organizations: European Commission, Crown, McKinsey & Company Locations: United States, France, Abu Dhabi, In Washington, Gates, India, South Africa, South
The impasse over another stimulus package as well as the prospect of millions of people losing unemployment benefits is leading them to press congressional Democrats to pass another aid package very quickly. Republicans and Democrats have clashed for months on the size and scope of a stimulus package to prop up the economy. Instead, congressional Democrats favor a broader multitrillion dollar plan that would include $1,200 stimulus checks, $600 federal unemployment benefits, virus testing and tracing funds as well as state aid. The impasse threatens to punt the arrival of federal aid until after Biden assumes office in January. Since his election victory over President Donald Trump, Biden has jumped in on discussions of another economic aid package.
Persons: Joe Biden's, Biden, Nancy Pelosi, Chuck Schumer, Andrew Bates, Mitch McConnell, Donald Trump, Pelosi, Schumer, Arindrajit Dube, University of Massachussetts Amherst Organizations: The New York Times, New York Times, Times, Biden, Washington Post, Republicans, Democrats, University of Massachussetts, Twitter Locations: The
Thomas TolstrupFor Americans who have had a tough year financially amid Covid-19, a second set of $1,200 stimulus checks would provide some much welcome relief. In addition, the economists call stimulus checks an "essential tool" for preventing poverty from increasing more. They also cite research from the Urban Institute, which found that two additional stimulus checks could help keep about 14 million people out of poverty. The legislation included additional $1,200 stimulus checks. The proposal includes $1,200 stimulus checks, but with more generous terms than the first set.
Persons: Thomas Tolstrup, Jason Furman, Barack Obama, Nancy Pelosi, Mitch McConnell, Steven Mnuchin, McConnell, Donald Trump, Bill Cassidy, Steve Daines, Mitt Romney, Marco Rubio, Sarah Silbiger, decamp, couldn't, Department's, Trump, Mnuchin, Carlos Barria, Pelosi, they're, Larry Kudlow, Kudlow, Joe Biden, Biden, Jan Organizations: Capitol, Economic Security, Finance, Unemployment, Urban Institute, Assistance, Congress, Reuters, CNBC, Senate, GOP, Washington , D.C, Bloomberg, Getty, Capitol Hill, Republican, Republicans, White, National Economic Council, Democratic, Democrats Locations: Washington, Ky, Sens, R, Utah, U.S, Washington ,, Brady, Washington , U.S, Covid
U.S. President-elect Joe Biden speaks about the U.S. economy following a briefing with economic advisers in Wilmington, Delaware, November 16, 2020. Joe Biden's transition team denied Monday that the president-elect's advisors have pushed Democratic congressional leaders to potentially accept a smaller coronavirus stimulus package in order to send more relief now. Both sides have yielded no ground as Republicans push for about $500 billion in spending — far less than what Democrats want. Lawmakers would face a challenge in reaching a stimulus compromise before Biden takes office on Jan. 20. Several economic relief provisions the federal government implemented earlier this year will expire at the end of December.
Persons: Joe Biden, Joe Biden's, Nancy Pelosi, Chuck Schumer, Biden's, Andrew Bates, Biden, Kamala Harris, Pelosi, Schumer, Mitch McConnell Organizations: Democratic, New York Times, Democrats, Republicans, Biden, NBC News, GOP, Insurance, Senate Republican, CNBC, YouTube Locations: U.S, Wilmington , Delaware, Georgia, Ky
ET Biden Transition Live Updates: Trump’s Refusal to Concede Has Split Republicans Into Two Camps President-elect Joe Biden plans to name his top national security picks on Tuesday, reuniting several officials from the Obama administration. Supporters of President Trump at a rally in Washington earlier this month. That said, there is a third camp — one led by Mr. Trump and his most die-hard supporters: Those who might never concede defeat. The transition office also confirmed reports on Sunday night that Mr. Biden will nominate Antony J. Blinken to be secretary of state and Jake Sullivan as national security adviser. On Saturday, a Pennsylvania court threw out a lawsuit seeking to stop the state’s election certification.
Persons: Joe Biden, Obama, Trump, Kenny Holston, inching, Joseph R, Biden, , Alex Conant, Marco Rubio, Trump’s, Emily W, Murphy, Mr, Stephen A, Blackstone, , ” Mr, Schwarzman, Sheldon Adelson, Republicans —, Mitch McConnell —, Biden’s, Patrick J, Toomey —, , Rob Portman, George W, Bush, Portman, Liz Cheney, — Biden, Alejandro Mayorkas, J, Scott Applewhite, Avril Haines, John Kerry, Antony J, Blinken, Jake Sullivan, Mayorkas, Haines, Gina Haspel, Linda Thomas, Greenfield, Thomas, Kerry, Obama’s, Reema, Richard Durbin of, Shuwanza Goff, Steny Hoyer, Ms, Goff, — Michael Crowley, Emily Elconin, , Aaron Van Langevelde, Van Langevelde, Norm Shinkle, You’ve, you’ve, Chris Thomas, Detroit —, Barb Byrum, Mike Shirkey, Lee Chatfield, State House —, Shirkey, Chatfield, ” — Kathleen Gray, Robert Nickelsberg, Sam Demarco, DeMarco, Kathy Boockvar, Tom Wolf, Matthew Brann, Barack Obama, Rudolph W, Giuliani, Gabriela Bhaskar, Matthew W, Brann, there’s, Anna Moneymaker, Portman’s, Mike DeWine, “ Will, Biden Jr, Erin Schaff, G.O.P, Chuck Hagel, Tom Ridge, Michael Hayden, Al, Mitch McConnell, McConnell, John Amis, Brian Kemp, Brad Raffensperger, Gabriel Sterling, Sterling, Kemp, Kelly Loeffler, David Perdue, anybody’s, Audra Melton, Kelly Loeffler —, Jon Ossoff, Raphael Warnock, Kamala Harris, Perdue, Loeffler, stymie, Jessica Mcgowan, David J, Worley, — Trump, Sidney Powell, Jenna Ellis, Powell, teamhad, “ Sidney Powell, 3QDNLjBrmf — Jenna Ellis, Ellis, Hugo Chavez, Brad Raffensperger —, Powell’s, Chris Christie, — Maggie Haberman Organizations: Trump, Republicans, Congress, The New York Times Republicans, Republican, Biden, General Services Administration, U.S . Chamber, Commerce, , Las Vegas, Senate Republican, Pennsylvania Republican, , Cincinnati Enquirer, Mr, Security, Associated Press, Department of Homeland Security, United Nations, National Security, State Department, White, Democratic, White House, Legislative Affairs, Richard Durbin of Illinois, Trump . People, The New York Times, Michigan Board, State, Republican National Committee, Michigan Republican Party, State Senate, State House, Pittsburgh Post, Gazette, Pennsylvania, Circuit, State Republicans, The New York Times Lawyers, Third, Appeals, United States Supreme, Third Circuit, Brann, New York Times, Twitter, Homeland, Atlanta, Associated Press ATLANTA, Georgia, Electoral College, Georgia Republicans, The New York, Senate, Credit, The Georgia State Board, Dominion, Georgia — Gov Locations: Washington, Florida, Pennsylvania, Wyoming, United States, Wilmington, Del, U.S, Iraq, Afghanistan, Michigan, Lansing, Detroit, Ingham, Luzerne County, Wilkes, Barre, Pa . Credit, Allegheny County, Pittsburgh, Philadelphia, United States of America, Ohio, Great State of Ohio, Al Qaeda, Georgia, Marietta , Ga, Perry ,, Herndon, Venezuelan, New Jersey
President Donald Trump is refusing to concede the presidential election, and said he plans to fight the results in court. The issue of whether to concede has divided Trump's inner circle, with some advising him to accept loss with dignity. Sen. Lindsey Graham: FightThe South Carolina senator has put his money where his mouth is, telling Sean Hannity's show that he had personally donated $500,000 to Trump's legal efforts. Rudy Giuliani: FightThe president's personal lawyer has been spearheading Trump's efforts to dispute the election results. "The President and his lawyers have made claims of criminality and widespread fraud, which they allege could impact election results.
Persons: Donald Trump, Melania Trump, Don Jr, Rudy Giuliani, Jared Kushner, Donald Trump's, Joe Biden, Trump's, Sophia Ankel, MAGA, Ivanka Trump, Kushner, Trump, Jason Miller, Jared, Fox's Laura Ingraham, Laura Ingraham, Savannah Guthrie, Sean Hannity, Gore, Hannity, Gregg Jarrett, Sen, Lindsey Graham, Sean Hannity's, Pat Toomey, Pennsylvania Sen, Biden, Kamala Harris, Toomey, Mitt Romney, Susan Collins of, Lisa Murkowski, Ted Cruz, Texas Sen, Rupert Murdoch, Joe Time, He's, Eric Trump, Eric, Donald, lambasting, Mitch McConnell, Noncommittal McConnell, McConnell, Kayleigh, Jeanine Pirro, Eric Trump's, Newt Gingrich, George Soros, Soros, Larry Hogan, Hogan, Liz Cheney, Cheney, Mike Pence, Pence Organizations: Business, CNN, New York Times, Fox News, Trump, NBC, Fox, Breitbart, Bush, South, Pennsylvania, Michigan, Republican, Newsweek, The New York, New York Post, CBS, Twitter, White, Republicans, Biden, Gov, Maryland, House Republican Conference, Council, National Locations: Georgia, Savannah, South Carolina, Sens, Utah, Susan Collins of Maine, Alaska, Texas, Ukraine, United States
A number of critical COVID-19 economic relief programs will expire at the end of the year, threatening the stability of the US economy as the country enters an uncertain 2021. From eviction moratoriums to a resumption in student loan payments, a lot is on the line if lawmakers don't reach an agreement on additional stimulus measures. Here are some of the COVID-19 economic relief programs that will be impacted on or close to December 31:Extended unemployment insuranceOn December 31, the Pandemic Emergency Unemployment Compensation, or PEUC, will expire. This economic relief program extended traditional unemployment benefits from the standard 26 weeks to 39 weeks. At the end of July, the Federal Pandemic Unemployment Compensation, or FPUC, expired, which provided a federally funded $600 weekly supplemental boost to state unemployment payments.
Persons: Steven Mnuchin, Nancy Pelosi, Mitch McConnell, gridlock, Pelosi, McConnell, Mnuchin, Donald Trump, Joe Biden, Stout, Biden Organizations: Relief, Economic, Representatives, Democratic, Johns Hopkins University, Century Foundation, Survey, The New York Times, New Locations: Federal, coronavirus, State, New York City
WASHINGTON — Advisers to President-elect Joseph R. Biden Jr. are planning for the increasing likelihood that the United States economy is headed for a “double-dip” recession early next year. They are pushing for Democratic leaders in Congress to reach a quick stimulus deal with Senate Republicans, even if it falls short of the larger package Democrats have been seeking, according to people familiar with the discussions. The resulting impasse has threatened to delay additional economic aid until after Mr. Biden’s inauguration on Jan. 20. That could mean moving at least part of the way toward Mr. McConnell’s offer of a $500 billion package. But top Democrats remain publicly adamant that Republicans need to move closer to their opening offer of $2.4 trillion.
Persons: Joseph R, Biden, Nancy Pelosi, Chuck Schumer, Mitch McConnell of, Biden’s, McConnell’s, Ms, Pelosi, Schumer, McConnell Organizations: Democratic, Senate Republicans, Mr, Republican Locations: WASHINGTON, United States, California, New York, Mitch McConnell of Kentucky
WASHINGTON — Democratic senators are calling on President-elect Joe Biden to use executive power to advance goals such as tackling climate change, relieving student debt and creating a more progressive immigration system. "I think President Biden has significant executive power. "From Treasury to State to Interior (departments) and the financial regulators, climate action and climate risk management has to be infused into literally everything," he said. Even if Democrats capture both Georgia seats and take control of the Senate, McConnell would retain the power to filibuster legislation and force a 60-vote threshold. Jamal Brown, a spokesman for Biden's transition team, said his agenda will include executive power.
Persons: Joe Biden, Biden, Donald Trump, Sen, Ed Markey, Markey, Mitch McConnell, stonewall, Ron Wyden, Brian Schatz, Elizabeth Warren, Chuck Schumer, McConnell, Joe Manchin, Nancy Pelosi's, Barack Obama, Wyden, Mazie Hirono, Mitch McConnell —, Hirono, playbook, We've, Mitch, He's, didn't, Jeff Hauser, Hauser, Ruth Bader Ginsburg, Amy Coney Barrett, Obama, Jamal Brown, Brown Organizations: WASHINGTON, Democratic, Georgia Senate runoffs, NBC News, Higher, Senate, Act, White House, Biden, Republicans Locations: United States, Paris, Ky, Hawaii, State, Interior, bipartisanship, Georgia
For now, it's an open question if President-elect Joe Biden has interest in testing his presidential power to try to forgive student debt. "They're in real trouble," said Biden, about student loan borrowers. "They're having to make choices between paying their student loan and paying the rent, those kinds of decisions. Tens of millions of Americans have a lot riding on the answer: Can the president forgive student debt without Congress? Meanwhile, two-thirds of the country's outstanding student loan debt is carried by women.
Persons: Joe Biden, ", Biden, Massachusetts Sen, Elizabeth Warren, it's, Mark Kantrowitz, Sen, Chuck Schumer, Warren, Schumer, Donald Trump, nix, Toby Merrill, Merrill, Luke Herrine, Herrine, Kantrowitz, Ryan D, Doerfler, Mitch McConnell Organizations: Democratic, Lending, Harvard Law School, White, The.Ink, Financial Reform, NAACP, National Consumer Law Center, CNBC, Congress, Education, Yale Law School, U.S . Department of Education, University of Chicago, U.S . Department Locations: Massachusetts, U.S
Judge Merrick Garland is under serious consideration by President-elect Joe Biden to serve as Attorney General, according to a NPR report. Judge Merrick Garland, whose 2016 nomination to the US Supreme Court was blocked by Senate Republicans, is under serious consideration by President-elect Joe Biden to serve as Attorney General, according to a NPR report. Other prominent names being floated for the Attorney General post include former US Attorney General Sally Yates, former Massachusetts governor Deval Patrick, and Sen. Doug Jones of Alabama, who recently lost his bid for reelection. Before becoming a federal judge, Garland oversaw the prosecution of Timothy McVeigh, who orchestrated the 1995 Oklahoma City bombing. After his nomination to the Supreme Court, Garland stepped away from hearing active cases in the District of Columbia Circuit.
Persons: Merrick Garland, Joe Biden, Garland, Barack Obama, Judge Merrick Garland, Jimmy Carter, Sally Yates, Deval Patrick, Sen, Doug Jones of, Timothy McVeigh, Antonin Scalia, Mitch McConnell of, Donald Trump, Neil Gorsuch, Garland's, Amy Coney Barrett, Gerald Ford, Edward Levi Organizations: NPR, Republicans, Appeals, District of Columbia Circuit, Senate Republicans, Department of Justice, Oklahoma, Senate GOP, Justice Department, FBI, Former, University of Chicago Locations: Massachusetts, Doug Jones of Alabama, Mitch McConnell of Kentucky, District, Washington
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