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☆ With Debt Coming Due, Investment-Grade Companies Are Paying Up, Too
▼ + stars: | 2022-12-01 | by ( Nina Trentmann | ) www.wsj.com time to read: +7 min

What’s more, volatile markets have resulted in fewer opportunities for companies to sell their debt. Investment-grade U.S. companies have between $550 billion and $750 billion coming due per year from 2023 through 2027, according to Goldman Sachs Group Inc., with about $59 billion left to pay off or refinance in 2022. Of the $615.54 billion, $504.31 billion were new issuances, compared to $111.23 billion in refinancings, Dealogic said. But investor demand for bonds has been stronger in recent days, leading Amazon.com Inc. and others with near-term debt coming due to the market. Among the businesses that recently took out bond debt at a higher cost is retail giant Walmart Inc.

☆ GOP senators threaten to delay major military bill over Covid vaccine mandate
▼ + stars: | 2022-12-01 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Julie-Tsirkin-Circle-Byline-Template.Jpg | Julie Tsirkin | ) www.nbcnews.com time to read: +4 min

WASHINGTON — Several Republicans are warning they will drag out Senate consideration of a massive military policy bill unless they get a vote on ending a Covid vaccination mandate for service members. The senators’ threat could delay final passage of the annual bill, which Congress has consistently passed, but it would not prevent the Senate from eventually voting on the legislation. It is insane.”The other GOP senators calling for a vaccination vote are Rick Scott of Florida, Mike Lee of Utah and Mike Braun of Indiana. The Biden administration has had a mixed record on Covid vaccination mandates in court. The proposal put forth by the seven GOP senators is unlikely to get a vote without the support of Senate Republican leaders.

WASHINGTON — House lawmakers are poised to pass legislation Wednesday to avert a catastrophic rail strike that President Joe Biden warned could threaten the U.S. economy just weeks before Christmas. “At a time of record profits in the rail industry, it’s unacceptable that rail workers have ZERO guaranteed paid sick days,” Sanders tweeted. “It’s my intention to block consideration of the rail legislation until a roll call vote occurs on guaranteeing 7 paid sick days to rail workers in America.”Other progressives also wouldn’t commit to back the rail proposal. But the House will also vote separately on a bill that would add seven days of paid sick leave to the deal. Biden "is confident that we will not have a rail strike.

☆ McConnell after Trump-Fuentes dinner: Anyone meeting with antisemites 'unlikely to ever be elected president'
▼ + stars: | 2022-11-29 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Rebecca-Shabad-Circle-Byline-Template.Jpg | Rebecca Shabad | ) www.nbcnews.com time to read: +2 min

And anyone meeting with people advocating that point of view, in my judgment, are highly unlikely to ever be elected president of the United States." The comments were McConnell's first about the dinner since Trump hosted Ye (the rapper formerly known as Kanye West), Fuentes and others last week. He has no place in this Republican Party. I think President Trump came out four times and condemned him and didn't know who he was." While Trump claimed he didn't know who Fuentes was, he has not condemned him since the dinner.

That’s all I have to say about that,” said Sen. Joni Ernst of Iowa, a member of Senate Republican leadership. I don’t think he should be the nominee of our party in 2024,” he said. And I don’t think it’ll matter in terms of his political future, but I do believe we need to watch who we meet with. Sen. Rick Scott, R-Fla., the outgoing NRSC chair, said, “There’s no room in the Republican Party for white supremacist antisemitism — so it’s wrong.”Sen. Chuck Grassley, R-Iowa, said: “Antisemitism is wrong, and white supremacy is wrong, and that’s all there is to it. Writing on Truth Social, Trump called Ye a “seriously troubled man” and said he had no idea who Fuentes was.

☆ Congressional leaders clear the way for a bipartisan bill to avert a railroad strike
▼ + stars: | 2022-11-29 | by ( Christina Wilkie | ) www.cnbc.com time to read: +2 min

U.S. House Minority Leader Kevin McCarthy attends a meeting with US President Joe Biden (R) and other Congressional Leaders to discuss legislative priorities through the end of 2022, at the White House on November 29, 2022 in Washington, DC. The meeting with Senate Majority Leader Chuck Schumer, D-N.Y., Senate Minority Leader Mitch McConnell, R-Ky., Democratic House Speaker Nancy Pelosi and Republican House Minority Leader Kevin McCarthy, both of California, was a last-minute addition to Biden's public schedule. "It was a very positive meeting, and it was candid," Pelosi told reporters at the Capitol after the meeting. A rail strike could formally begin on Dec. 9 if no agreement is reached between unions and rail companies. Pelosi said she planned to bring a bill to the House floor Wednesday morning.

“I needed help and when you take a parent like me that is desperate to get their child help, we put trust into places like Brooklawn,” Janeway said. Shortly after Anthony entered Brooklawn, Janeway said he was being antagonized by staff, which she heard multiple times on the phone. According to the suit, Anthony told her he had been “choked” during a phone call in October 2021 prompting Janeway to immediately drive down to the facility. It is unclear if the matter was reported to the state agency, which denied a public records request. “I trusted a broken system that is supposed to help my son, not hurt my son, and it failed him,” she said.

Rep. James Comer, R-Ky., on Sunday criticized Donald Trump for dining with Ye, formerly known as Kanye West, and white supremacist Nick Fuentes, during a pre-Thanksgiving dinner at the former president's Mar-a-Lago club in Florida last week. “Well, he certainly needs better judgment in who he dines with,” Comer said in an interviews on NBC News’ “Meet the Press.” "I know that he’s issued a statement. Pressed on whether he condemns Trump’s actions, Comer said he would not take a meeting with “that person,” nor Ye. Trump, who described the dinner held on the back patio as “quick and uneventful," is facing backlash for dining with Ye and Fuentes. Chris Christie, who was once a Trump ally, was among a handful of Republicans who jabbed Trump for hosting Fuentes.

☆ Kevin McCarthy could face a floor fight for speaker. That hasn’t happened in a century.
▼ + stars: | 2022-11-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kyle-Stewart-Circle-Byline-Template.Jpg | Kyle Stewart | ) www.nbcnews.com time to read: +8 min

Republican leader Kevin McCarthy is struggling to secure the 218 votes he needs to be elected speaker of the House in January. In this game of chicken, if the conservatives don’t blink and McCarthy refuses to back down, it could result in a chaotic floor fight with House members taking multiple votes for speaker — something that has not happened in a century. The House was called to order at noon and the chamber moved to the first order of business: electing the speaker. The House held three more unsuccessful votes for speaker that day before adjourning just after 2 p.m. The date was Feb. 2, 1856, two months after the first speaker vote.

☆ How Congress may make it easier to set money aside for emergency expenses
▼ + stars: | 2022-11-25 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

That lack of emergency savings may force them to borrow money at high interest rates to pay for the surprise expense, putting their financial security at risk. Now Congress has a window to address that issue by paving the way for new emergency savings plans in the lame duck session. Three emergency savings proposals may be included in a legislative package known as Secure 2.0, which is set to amplify changes to the retirement system brought by the Secure Act in 2019. The letter called for the inclusion of three bills that would amplify emergency savings in the pending retirement package. "We firmly believe emergency savings policy aligns with the goals of the U.S. retirement system and will help boost financial resiliency for American households," they wrote.

Sen. Lisa Murkowski has won re-election in Alaska, NBC News projected Wednesday, dealing former President Donald Trump another loss in what has largely been a miserable midterm cycle for his hand-picked candidates in competitive Senate races. Murkowski, one of only seven Republicans who voted to convict Trump at his second impeachment trial, survived a challenge from Trump-endorsed Kelly Tshibaka, a former Alaska Department of Administration commissioner. Murkowski, Tshibaka, Democrat Patricia Chesbro and Republican Buzz Kelley all advanced from a nonpartisan August primary. The Alaska Republican Party censured her and Trump began calling her the “disaster from Alaska,” ultimately backing Tshibaka to challenge her. Murkowski also is known for her moderate profile in the Senate and for her willingness to work with Democrats.

☆ House election results put McCarthy on track for speaker, and Democrats on track for retribution
▼ + stars: | 2022-11-23 | by ( W. James Antle Iii | W. James Antle Iii Is The Washington Examiner'S Politics Editor | Author Of | ) www.nbcnews.com time to read: +8 min

House Minority Leader Kevin McCarthy, likely the chamber’s next speaker, is holding firm to his pledge to strip three liberal Democrats of their committee assignments when the new Congress is seated next year. That’s not sitting well with Democrats, as they are about to enter the House minority for the first time in four years. By breaking tradition and meddling with committee assignments across the aisle, they had to know they were triggering years of partisan tit for tat. Republicans considered punishing her by taking her committee assignments, but Greene apologized for some of her worst statements, and her colleagues relented. Many lawmakers are discovering social media and cable news are a better path to influence than committee assignments.

☆ Republican Senate Spat Spills Over Into Georgia Runoff Race
▼ + stars: | 2022-11-19 | by ( Lindsay Wise | ) www.wsj.com time to read: 1 min

Senate Minority Leader Mitch McConnell (R., Ky.) has fended off a challenge to his leadership in the GOP in the Senate. Allies of Senate Minority Leader Mitch McConnell (R., Ky.) and Sen. Rick Scott (R., Fla.) continue to trade blame for the party’s failure to capture the Senate majority in the midterms elections, with the conflict now spilling over into Republicans’ Georgia runoff effort. Mr. McConnell on Wednesday defeated a long-shot bid by Mr. Scott to replace him as the Senate’s top Republican, but the fallout is lingering as the party prepares for the Dec. 6 runoff between ex-football star Herschel Walker and incumbent Democrat Sen. Raphael Warnock . The Senate now stands at 50-49; the Democrats will keep the majority regardless of the runoff results because Vice President Kamala Harris has a tiebreaking vote.

☆ A boy was choked and verbally abused at the same Kentucky youth facility where a 7-year-old was killed, lawsuit says
▼ + stars: | 2022-11-18 | by ( Safia Samee Ali | Safia Samee Ali Is A Reporter For Nbc News Digital | Based In Chicago. | ) www.nbcnews.com time to read: +9 min

The state did not answer questions about where the children who are no longer at the facility were sent. ‘Nonstop’ verbal abuseFor nine months, Janeway said, her son was verbally and emotionally abused and antagonized by staff, and at times she heard it over the phone, according to the lawsuit. That information is protected.” But she said the facility would let Janeway know when the process had been completed. “I trusted a broken system that is supposed to help my son, not hurt my son, and it failed him,” she said. Michael Swensen for NBC News"This lawsuit was filed on behalf of another child victim that was choked and abused at the Brooklawn facility," Paul Croley, a lawyer who filed the suit, said in a written statement.

Senate Minority Leader Mitch McConnell, R-Ky., meets with reporters Wednesday after he fended off a challenge by Sen. Rick Scott, R-Fla., and was re-elected as Republican leader. And we turned off a lot of these centrist voters," McConnell said Wednesday. “Much criticism is being placed on the fact that the Republican Party should have done better. House Minority Leader Kevin McCarthy, R-Calif., speaks after he was nominated to be House speaker on Tuesday. “What I hope we learned from this is you can’t win the general election merely because of your base vote.

WASHINGTON — House Republicans' majority will be smaller than expected, but they're eager to use their new oversight powers and pass a spate of bills to draw contrasts with Democrats and give the Biden administration heartburn. House Minority Leader Kevin McCarthy, R-Calif., joined by Rep. Jim Banks, R-Ind., left, and Rep. Jim Jordan, R-Ohio, in Washington on July 21, 2021. A growing number of Republicans say they have their sights set on impeaching Homeland Security Secretary Alejandro Mayorkas, bashing his handling of the border surge. LegislationDemocrats still occupy the White House, so any legislation Republicans pass on a partisan basis won’t be signed into law by Biden. But House Republicans say they will waste no time showing the parties’ stark differences as they battle for control of the White House in 2024.

☆ Stocks fall as fears of more big Fed rate hikes resurface
▼ + stars: | 2022-11-17 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +3 min

The Dow was off about 30 points, or 0.1%, in midday trading following comments from St. Louis Fed President James Bullard about the possibility of much bigger interest rate hikes. Jefferson didn’t comment specifically about how much higher he thinks rates need to go though in order to get inflation in check. In addition, Bullard has a vote on rate hikes at the Fed’s next meeting in December, but he does not have a say on interest rates in 2023. The seven Fed governors and the New York Fed president are always on the FOMC. The St. Louis Fed president doesn’t get a vote again until 2025.

☆ Senate Republicans to Pick Between Mitch McConnell and Rick Scott as Next Leader
▼ + stars: | 2022-11-16 | by ( Siobhan Hughes | ) www.wsj.com time to read: 1 min

WASHINGTON—Senate Republicans headed into a contentious debate Wednesday on selecting Sen. Mitch McConnell (R., Ky.) or challenger Sen. Rick Scott (R., Fla.) as minority leader—or delaying the vote—the latest fight in a feud that has been building within the conference for months. The closed-door election process, which involves procedural steps and is expected to be dragged out by debate, follows a bitter Tuesday lunch in which the two Republicans confronted each other over their leadership styles and management. Mr. Scott said that he didn’t hold back in telling Mr. McConnell, the longest-serving Republican Senate leader, that he had kept his own leadership team in the dark.

WASHINGTON — Sen. Rick Scott, R-Fla., on Tuesday announced a challenge to Sen. Mitch McConnell, R-Ky., for the top Republican leadership job in the Senate. That’s why I’m running to be the Senate Republican Leader." Senate Republicans are scheduled to hold their leadership vote on Wednesday, but some Republicans had been urging McConnell to delay the elections until after the Georgia Senate runoff in December. "I think it’s pretty obvious we may or may not be voting [for Senate leadership] tomorrow," he said. “I don’t have any comments,” said Sen. Jerry Moran, R-Kan., when asked about Scott’s challenge and whether he plans to support McConnell.

☆ Kentucky school bus crash leaves 18 students, driver injured
▼ + stars: | 2022-11-15 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

LOUISVILLE, Ky. — A school bus crashed over an embankment and landed on its side Monday morning in rural Kentucky, sending the driver and 18 children to hospitals with injuries ranging from minor to severe, authorities said Monday. Students from elementary age through high school were aboard the bus en route to classes when the crash occurred on a state highway near Salyersville in eastern Kentucky, said Superintendent Chris Meadows of Magoffin County Schools. Andy Beshear said in a tweet that Kentucky State Police were on the scene, and “we are responding swiftly.”The bus exited state Route 40 near Salyersville and went over an embankment, state Trooper Michael Coleman said. Some of the injured were flown from the crash by helicopter and others were taken by ambulances and private vehicles, officials said. “That’s typical in any rural area where you have a lot of winding roads,” he saidThe school bus did not have seat belts, Meadows said.

☆ Bipartisan senators revive effort to pass bill codifying same-sex marriage protections
▼ + stars: | 2022-11-14 | by ( Zoë Richards | Zoë Richards Is The Evening Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

A bipartisan group of senators on Monday released an updated version of a bill to codify federal protections for same-sex marriages that they say they feel confident can get enough Republican support to pass in the Senate. Democrats are aiming to pass the bill before next year when Republicans are favored to take back control of the House. The Respect for Marriage Act would repeal the 1996 Defense of Marriage Act, which was largely invalidated by two Supreme Court rulings. After the high court struck down Roe v. Wade in June, advocates warned that the same-sex marriage rulings could also be in jeopardy. The bill would require the federal government to recognize a marriage between two individuals if the marriage was valid in the state where it was performed.

WASHINGTON — With the 2022 election over, Congress will return to work Monday with a packed to-do list for the final weeks of the year. Joe Manchin, D-W.Va., and Susan Collins, R-Maine, is expected to get a vote in the lame duck session. A package of revisions to the bill easily cleared the Senate Rules and Administration Committee on a 14-1 vote in September. Same-sex marriage billThe House has passed a bipartisan bill to codify federal recognition of same-sex marriage. The Senate punted it to the lame duck session, with the leader of the effort, Sen. Tammy Baldwin, D-Wis., saying the chamber needed more time to secure 60 votes.

☆ After Midterm Election Disappointment, GOP Faces Leadership Choices
▼ + stars: | 2022-11-13 | by ( Alex Leary | John Mccormick | ) www.wsj.com time to read: 1 min

WASHINGTON—Republicans face a week that will be crucial in deciding the future direction and leadership of the party in the wake of disappointing midterm elections. Former President Donald Trump is expected to announce another bid for the White House at 9 p.m. Tuesday in Palm Beach, Fla. House Republicans are scheduled to vote the same day on whether to choose House Minority Leader Kevin McCarthy (R., Calif.) as their candidate for speaker. Some Senate Republicans are pushing to delay beyond this week a decision on whether to hand Sen. Mitch McConnell (R., Ky.) another term as their leader.

In Arizona Senate, Democratic Sen. Mark Kelly is ahead of Republican Blake Masters by 115,000 votes with 80% in. On Dobbs, the national exit poll showed 27% of voters picking abortion as their No. And remember that our final NBC News poll found Trump as one of the most unpopular political figures we measured, especially compared with President Biden. In each state, those Democratic secretaries of state nominees were running against Republicans who cast doubt on the 2020 election result. Two of those five feature Democrat vs. Democrat contests, thanks to the state’s Top 2 primary, so those will stay in the Democratic column.

The Alaska Senate race is headed to a ranked choice runoff, as no candidate on the ballot, including the top two vote-getters, GOP Sen. Lisa Murkowski and GOP challenger Kelly Tshibaka, will reach 50%, according to NBC News. In ranked-choice elections, voters identify first choices on their ballots, then rank the other candidates in order of preference. If no candidate receives a majority of first-choice votes on the first count, the election moves to an instant runoff. In 2020, Alaska voters approved a move to nonpartisan primaries that send the top four vote-getters to ranked choice general elections. ET): A previous version of this article misstated when Alaska voters approved a move to nonpartisan primaries and ranked choice general elections.

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