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☆ Harris defends CHIPS Act after House Speaker Johnson suggests GOP would try to repeal law
▼ + stars: | 2024-11-02 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

SHAWN THEW/Pool via REUTERSVice President Kamala Harris on Saturday criticized House Speaker Mike Johnson for suggesting that Republicans may try to repeal the CHIPS and Science Act if they win Congress, a remark he has since tried to walk back. "I also want to speak to the comments that have been recently made by the speaker of the House," Harris said in Milwaukee to a group of reporters. Now to get rid of the CHIPS Act," she added. Speaker Johnson, R-La., made the comment at a Friday campaign event in New York for House Rep. Brandon Williams, R-N.Y., a vulnerable GOP candidate in one of the most closely watched House races of this election cycle. The CHIPS Act passed Congress with bipartisan support in 2022.

Persons: Mike Johnson, Kamala Harris, Joe Biden's, SHAWN THEW, Harris, Donald, We've, Johnson, Brandon Williams Organizations: REUTERS, Affordable, House Rep, GOP Locations: Washington , DC, USA, Milwaukee, New York

CNN —A major Supreme Court ruling Friday that shifted power from the executive branch to the judiciary stands to transform how the federal government works. By overturning a 1984 precedent, the court’s conservative majority has made countless regulations vulnerable to legal challenge. The Supreme Court ruling could boost efforts by conservatives who have taken aim at the Biden Environmental Protection Agency’s rules limiting planet-warming pollution from vehicles, oil and gas wells and pipelines, and power plants. The ruling has injected legal uncertainty into regulations of all types, including those on technology, labor, the environment and health care. But the Supreme Court has yet to decide a case heard this term that might gut that limitation.

Persons: ”, Kent Barnett, —, Thomas Berry, John Roberts, Roberts, Elena Kagan, Sonia Sotomayor, Joe Biden, Shawn ThewPool, Adam Rust, ” Rust, Andrew Schwartzman, Alexander MacDonald, ” MacDonald, Sharon Block, ” Block, Biden, Andrew Twinamatsiko, ” Twinamatsiko, “, Paul Gallant, TD Cowen, David Vladeck, Chevron —, Ann Carlson, Carlson, David Doniger Organizations: CNN, Biden, University of Georgia School of Law, Chevron, Natural Resources Defense, Republican, Democratic, Cato Institute . Chief, State of, Consumer, Consumer Financial Protection Bureau, Federal Trade Commission, Consumer Federation of America, “, Supreme, Securities, Exchange Commission, Benton Institute for Broadband & Society, Department of Labor, National Labor Relations Board, Opportunity Commission, Harvard Law School, Center, Labor, American Cancer Society, US Food and Drug Administration, US Department of Health, Human Services, Medicare, Services, Medicaid, Human Services Department, HHS, O’Neill Institute for National, Global Health Law, Georgetown University, FDA, Federal Communications Commission, EPA, National, Traffic Safety Administration, University of California, Natural Resources Defense Council Locations: Obamacare, Chevron, State, Washington , DC, Texas, Littler, Los Angeles

☆ Lauren Boebert's fundraising took a huge plunge after she switched districts
▼ + stars: | 2024-04-15 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Lauren Boebert just had her worst fundraising quarter in years. But some of her House GOP colleagues are donating to her. George Santos even gave her $400. AdvertisementRep. Lauren Boebert just had her worst fundraising quarter in years, bringing in roughly $462,000 in the first three months of 2024. Former Rep. George Santos and Rep. Lauren Boebert before the State of the Union last month.

Persons: Lauren Boebert, George Santos, —, Boebert, Ken Buck, Mary Miller of Illinois, Ronny Jackson of, Anna Paulina Luna of, Jim Jordan of, Andy Biggs, Buck, Santos, Shawn Thew, Donald Trump, Jerry Sonnenberg Organizations: GOP, Service, Colorado Republican's, Rep, Caucus, Reps, House GOP Locations: redder, Colorado, Ronny Jackson of Texas, Anna Paulina Luna of Florida, Jim Jordan of Ohio, Andy Biggs of Arizona, State, Denver

☆ How corporate PAC money could end up in the personal coffers of Sens. JD Vance and Markwayne Mullin
▼ + stars: | 2024-03-28 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +7 min

At the same time, they've been taking tens of thousands of dollars in corporate PAC money — some of which may be ending up directly in the senators' bank accounts. This story is available exclusively to Business Insider subscribers. Between the 2022 election and the end of 2023, Vance has used $78,000 in corporate PAC contributions to repay campaign debts, while Mullin has done the same with $45,000 in corporate cash. Mullin did the same with 19 corporate PACs, including ConocoPhillips, ExxonMobile, and GlaxoSmithKline. He also promised not to take corporate PAC money during the GOP primary, only to reserve that pledge during the general election against Democratic Rep. Tim Ryan, who did accept corporate PAC money.

Persons: —, JD Vance, Markwayne Mullin, they've, Vance, Mullin, Sen, Ted Cruz, Elena Kagan, Cruz, Jordan Libowitz, Republican Sen, Ron Johnson of, Ron Johnson, Shawn Thew, who's, Tim Ryan, didn't, Vance's, Saurav Ghosh, Ghosh Organizations: Service, Sens, Indiana, Business, Texas Republican, Finance, FEC, Citizen, Washington, Capitol, Republican, Getty, Pro, Comcast, Intel, General Motors, Walmart —, ConocoPhillips, GlaxoSmithKline, GOP, Democratic Rep Locations: Ohio, Texas, Ron Johnson of Wisconsin, AFP, Oklahoma, The Ohio, ExxonMobile

☆ A controversial Supreme Court decision could hurt Biden in November
▼ + stars: | 2024-03-26 | by ( John Blake | ) edition.cnn.com time to read: +11 min

CNN —A Supreme Court decision related to the election could determine the presidential victor this November, but it has nothing to do with former President Donald Trump. The study also said the “narrow” racial-turnout disparity that the high court heavily relied upon in its Shelby decision was based in part on the 2012 presidential election. Yet the study’s conclusion bolsters critics of the Shelby decision. They ignored it although they knew their decision would hurt Black voters, who tend to vote for the Democratic Party, he says. The bloody history behind the Voting Rights ActThe law was passed in 1965 after King led an epic voting rights campaign in Selma, Alabama.

Persons: CNN —, Donald Trump, Brennan, —, Holder, John Roberts, Barack Obama, Shelby, Jim Crow, Alabama —, Lawrence Goldstone, ” Goldstone, Sonia Sotomayor, Joe Biden, Shawn Thew, Biden, Goldstone, Black, George W, Bush, preclearance, “, ”, Elijah Nouvelage, Horace Cooper, Martin Luther King Jr, Cooper, “ That’s, Martin Luther King, that’s, ” Cooper, King, Edmund Pettus, Obama, Lyndon B, Johnson, Jr, Ralph Abernathy, Clarence Mitchell, Corbis, Roberts, Reagan, Brett Kavanaugh, tortuously, it’s, John Blake Organizations: CNN, Brennan Center for Justice, Supreme Court, Southern GOP, GOP, State of, Getty, Black, Democratic Party, George Mason University in, US Justice Department, Edmund, White, Congress, Black voters, North Carolina — Locations: Shelby, Southern, America, Texas, Mississippi, Alabama, Georgia, North Carolina, State, Washington, Alabama’s Shelby County, Atlanta , Georgia, AFP, George Mason University in Virginia, Selma , Alabama, White Alabama, “ Shelby

☆ Photos show the biggest moments from the State of the Union
▼ + stars: | 2024-03-08 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

As she has in past years, Rep. Marjorie Taylor Greene heckled Biden during his address. Rep. Marjorie Taylor Greene shouts at President Joe Biden as he delivers the State of the Union address. As Greene continued yelling, Biden went off-script and responded to her directly, holding up a pin with Riley's name worn by several Republican lawmakers in the House chamber. "Laken Riley, an innocent young woman who was killed by an illegal. "As a proud immigrant, I'm extremely disappointed to hear President Biden use the word 'illegal,'" Rep. Chuy Garcia, a Democrat from Illinois, wrote on X.

Persons: Marjorie Taylor Greene, Biden, Joe Biden, Shawn Thew, Greene, Laken Riley, mispronouncing, I'm, Chuy Garcia Organizations: Senate Republicans, University of Georgia, New York Times, Lincoln Locations: Athens, Venezuelan, Illinois

☆ Biden touts 'fixed' student loan forgiveness programs in State of the Union. Here's what he meant
▼ + stars: | 2024-03-08 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

Income-driven repayment plansIncome-driven repayment plans, which date to 1994, set borrowers' monthly payments based on a share of their discretionary income. "The loan servicers weren't keeping track of the number of qualifying payments," Kantrowitz said in a previous CNBC interview. watch nowThe Biden administration has been evaluating millions of borrowers' loan accounts to see if they should have had their debt forgiven. Most people with federal student loans qualify for income-driven repayment plans, and can review the options and apply at Studentaid.gov. Public Service Loan ForgivenessNavigating the Public Service Loan Forgiveness program has been famously difficult.

Persons: Joe Biden, Shawn Thew, Mark Kantrowitz, Kantrowitz, Biden, George W, Bush Organizations: Chamber, Afp, Getty, CNBC, Education Department, Valuable Education, Public, Consumer Financial Locations: Washington ,

☆ Supreme Court Hears Biggest Tax Case in Decades
▼ + stars: | 2023-12-05 | by ( Richard Rubin | Jess Bravin | ) www.wsj.com time to read: 1 min

The Supreme Court doesn’t take many cases about the scope of federal taxing power. Photo: shawn thew/ShutterstockWASHINGTON—The Supreme Court’s oral arguments in a closely watched case Tuesday could signal whether the justices intend to rein in Congress’ power to tax income. The case, Moore v. U.S., stems from one piece of the 2017 tax law regarding accumulated overseas earnings of foreign corporations. But conservative groups are hoping the justices will reach much further and issue a ruling that could prohibit any future tax on billionaires’ wealth and unrealized capital gains.

Persons: shawn thew, WASHINGTON —, Moore Organizations: WASHINGTON Locations: .

☆ Supreme Court Wary of Remaking Income Tax
▼ + stars: | 2023-12-05 | by ( Jess Bravin | Richard Rubin | ) www.wsj.com time to read: 1 min

The Supreme Court doesn’t take many cases about the scope of federal taxing power. Photo: Shawn Thew/ShutterstockWASHINGTON—The Supreme Court looked unlikely to impose strict new limits on Congress’s power to tax income, with some conservative and liberal justices alike signaling wariness about upending long-settled principles of the federal tax code. Tuesday’s arguments involved a relatively small payment required by a one-time charge under the 2017 tax overhaul. Challengers are seeking a ruling limiting income that can be taxed to money “realized” by taxpayers—that is, cash they receive or in some fashion control, as opposed to a mere increase in the value of their holdings.

Persons: Shawn Thew, WASHINGTON —, “ Organizations: WASHINGTON

☆ Texas Man With History of Wantonly Firing AR-15 Could Gut Gun Laws Nationwide
▼ + stars: | 2023-11-06 | by ( Jess Bravin | ) www.wsj.com time to read: 1 min

The Supreme Court will consider a federal law that an appeals court struck down for violating the constitutional right to keep and bear arms. Photo: shawn thew/ShutterstockWASHINGTON— Zackey Rahimi pulled a gun on his ex-girlfriend in a parking lot and shot at a witness who saw them arguing, prompting a Texas family court to issue a protective order in 2020 temporarily forbidding him from possessing firearms. Rahimi ignored the order, authorities say, going on to threaten another woman with a gun, fire an AR-15 into the house of one of his narcotics customers, and shoot into the air at a Whataburger drive-through after his friend’s credit card was declined. That led to his conviction under a 1994 federal law prohibiting people under domestic-violence orders from possessing guns—and set up the latest chapter in the modern history of the Second Amendment.

Persons: shawn thew, Rahimi Organizations: WASHINGTON Locations: Texas

Copeland, who uses they/them pronouns, said their store manager held a team meeting this morning to talk about the Chesapeake store shooting. Share this -Link copiedInvestigators search Walmart gunman's house Investigators on Wednesday scoured the home of the Walmart employee who opened fire at the Chesapeake store where he worked. "We can and must do more to reduce gun violence in America," he tweeted, linking to a news article about the shooting at a Walmart store in Chesapeake. Warner, Kaine of Virginia condemn the violence Virginia's two Democratic senators — Mark Warner and Tim Kaine — decried the mass shooting at the Walmart store in Chesapeake. "The Walmart shooting in Chesapeake is horrific.

☆ Millions at risk of losing health insurance if U.S. ends Covid public health emergency in January
▼ + stars: | 2022-10-19 | by ( Spencer Kimball | ) www.cnbc.com time to read: +13 min

The Health and Human Services Department will give the public 60 days notice before lifting the public health emergency, Becerra said. The health emergency also allowed millions of people to receive increased food benefits through the federal government's nutrition program. When the public health emergency does end, HHS estimates up to 15 million people will be disenrolled from Medicare and the Children's Health Insurance Program. Millions to lose Medicaid coverageThe most dramatic impact from ending the public health emergency will fall on people enrolled in Medicaid and the Children's Health Insurance Program. Trump administration Health Secretary Alex Azar activated the FDA's emergency authorization powers in March 2020, about two months after first declaring the public health emergency.

☆ The latest transcripts from the January 6 select committee's public hearings
▼ + stars: | 2022-07-12 | by ( Warren Rojas | ) www.businessinsider.com time to read: +3 min

The January 6 committee has been interviewing witnesses during its public hearings. The hearings led by co-chairs Bennie Thompson and Liz Cheney give the public a view of the panel's year-long investigation. Insider will update this tracker as hearing transcripts become available. Top editors give you the stories you want — delivered right to your inbox each weekday. Saul Loeb - Pool/Getty ImagesCommittee hearing held October 13, 2022

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