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A bipartisan group of lawmakers want major flight changes at Reagan National Airport in Virginia. Many lawmakers want to see the 1,250-mile perimeter restriction for round-trip flights relaxed. But some members of Congress argue that Reagan National is already under immense strain. But members of Congress also have a huge personal motivation for increasing the number of flights at Reagan National: the location. The prime location makes Reagan National the preferred airport for most lawmakers, but any route alterations would require changing a law which currently blocks long-haul flights of over 1,250 miles to or from the airport.
Persons: Ronald Reagan, Democratic Sen, Jon Tester, Montana, Tester, Blake Moore of, Virginia aren't, Abigail Spanberger, I'm Organizations: Reagan National Airport, Reagan, Service, Ronald Reagan Washington National Airport, Reagan National, Capitol, Washington Metro, DC, Washington Dulles International, Washington International Thurgood Marshall Airport, Delta Air Lines, Federal Aviation Administration, The New York Times, Democratic, Times, Great Falls International, Washington DC, GOP, Delta, American Airlines and United Airlines, The Times Locations: Virginia, Wall, Silicon, Ronald Reagan Washington, Arlington , Virginia, Washington, Baltimore, Montana, Great Falls, Great Falls , Montana, Denver , Minneapolis, Salt Lake City, Blake Moore of Utah, Maryland, Austin , Texas, Seattle
WASHINGTON — A bipartisan bill set to be unveiled Thursday by Reps. Abigail Spanberger, D-Va., and Brian Fitzpatrick, R-Pa., would block members of Congress from getting paid if the U.S. enters debt default or if the government shuts down. The No Pay for Congress During Default or Shutdown Act, shared in advance with NBC News, would withhold lawmakers' pay for the duration of a debt limit breach or lapse in federal funding, an attempt to motivate legislators to prevent either situation. And the proposal, from two politically vulnerable members in competitive districts, represents a populist move to channel voter anger toward Congress, which is strong among both parties' bases. Notably, the Spanberger-Fitzpatrick bill would not permanently prevent lawmakers from getting paid, which would run afoul of the 27th Amendment. Instead, it withholds pay for the duration of a shutdown or default — at least until the end of the session.
The U.S. Congressional Budget Office report, issued Friday morning, confirms Treasury Secretary Janet Yellen's earlier warnings that a default could come as early as June 1. Congress' budget scorekeeper also noted that the federal government's debt payments "will remain uncertain throughout May, even if the Treasury ultimately runs out of funds in early June." She also said she remained optimistic that the debt limit problem would be resolved. A senior Treasury official told Reuters she would do that with board members of the Bank Policy Institute lobby group. Democratic Representative Abigail Spanberger said members of the U.S. Congress ought to have their paychecks withheld until the debt limit problem is resolved.
House Democrats say Hakeem Jeffries is a better listener and is more consensus-oriented than Pelosi. There's one big reason for it: House Democrats can't pass any of their own bills right now. Pelosi and Jeffries on the House floor after she announced she would step down from party leadership on November 17, 2022. 'He gets it'Jeffries, 52, has enjoyed a rapid ascent to the top of the Democratic caucus. "There were always very different views within the Democratic caucus on people who voted their district," said Slotkin.
Investing app Public is partnering with civic-engagement company A Starting Point. A Starting Point was cofounded by Chris Evans, Mark Kassen, and Joe Kiani. The partnership offers Public's retail investors educational content produced by A Starting Point. Fintech Public wants its users to be better informed about public policy, and it's partnering with Captain America for the job. The series is aimed to educate retail investors by offering policy news briefs, fiscal and monetary policy explainers, and interviews with lawmakers.
A semi truck used by students while earning their commercial driver's license (CDL) parked at Truck America Training of Kentucky in Shepherdsville, Kentucky, U.S., on Monday, Oct. 25, 2021. WASHINGTON — A pair of bipartisan lawmakers have reintroduced legislation offering tax credits to U.S. truck drivers in an effort to address a dire pandemic-related shortage. The Strengthening Supply Chains Through Truck Driver Incentives Act aims to combat what lawmakers said was a shortfall of about 80,000 commercial truck drivers in 2021, caused by hiring and retention challenges. The bill would establish a two-year refundable tax credit of up to $7,500 for truck drivers with a valid Class A commercial driver's license who drive at least 1,900 hours in a year. Ten advocacy organizations representing the trucking industry, including the American Trucking Associations and American Loggers Council, have backed the bill.
House Democrats are annoyed with President Joe Biden and Republicans can't get enough of it. In the last month, Biden has twice withheld vetoes on GOP-led bills that most House Democrats opposed – and after the White House signaled that Biden opposed them, too. However, before a Senate vote Wednesday night, the White House put out the word that Biden wouldn't veto the bill. House Republicans' campaign arm on Wednesday is seizing on the schism, including a popcorn emoji in an email highlighting such quotes from House Democrats. "House Democrats remain rip-roaring angry at the White House for once again exposing their extremism to voters," said Will Reinert, of the National Republican Congressional Committee.
Spanberger, a vocal proponent of a congressional stock trading ban, is asking for a hearing on it. But lawmakers never voted on stock trade ban legislation after a vote was abruptly pulled in September. Her letter also references a report that dozens of lawmakers beat the stock market in 2022 despite an overall downturn, as well as the launch of two exchange-traded funds that mimic top lawmakers' stock trades. Roy now sits on the influential House Committee on Rules, which determines which legislation reaches the floor of the House. Earlier this month, Spanberger and seven other House Democrats who've sponsored stock trade ban legislation sent a letter to House Speaker Kevin McCarthy urging him to "act on your promise" to ban the practice.
[1/2] A U.S. soldier stands guard during a peace conference in al-Zawra amusement park in Baghdad November 7, 2008. The conference was organized by the U.S. military forces and in cooperation with Iraqi artists union and Baghdad's municipality. "The 1991 and 2002 AUMFs are no longer necessary, serve no operational purpose, and run the risk of potential misuse. Yet the legacy of these horrific forever wars lives on in the form of the now-obsolete 2002 and 1991 AUMFs," Lee said in a statement. Under the Constitution, Congress, not the president, has the right to declare war.
New exchange-traded funds based on congressional stock holdings are launching Tuesday. "90% of it is a product that performs well and 10% of it is shaming," the fund manager told Insider. A press release about the new funds says that in 2022, congressional holdings beat the SPY index fund by nearly 18%. Insider's "Conflicted Congress" project has identified dozens of members of Congress who have violated the Stop Trading on Congressional Knowledge (STOCK) Act — whose enforcement is woefully lacking — by failing to disclose their stock trades on time. Last week, Democratic lawmakers including outspoken trading ban advocate Rep. Abigail Spanberger of Virginia sent Speaker Kevin McCarthy a letter urging him to follow through on his plan to "change the current behavior."
House Democrats pushing for a stock trade ban in Congress got burned by Pelosi last year. In a letter exclusively shared with Insider, they're now pushing McCarthy to pick up where she left off. The GOP House Speaker has spoken favorably of a ban in the last year, but hasn't gotten specific. Since the new Congress kicked off, lawmakers have been re-introducing bills to ban stock trading by members of Congress, arguing that members of Congress should not be allowed to profit off of information they receive as public servants or their ability to influence legislation. Spanberger re-introduced the bipartisan TRUST in Congress Act last month, while Craig put forward her more expansive HUMBLE Act.
The House just used an open process for amending legislation for the first time in 7 years. But in interviews with Insider this week, Democrats also expressed skepticism that the use of open rules would be more than a one-time thing; the open rules that the chamber utilized last week were provided for as part of the House GOP's rules package. "We'll see how long this lasts," said Democratic Rep. Zoe Lofgren of California, a long-time ally of Pelosi. Spanberger herself had fun with open amendments, submitting one that would exclude drilling from areas offshore because the GOP majority was "looking to destroy Virginia's beautiful coastline." said Democratic Rep. Ro Khanna of California, who said he generally favors an open process.
Sen. Josh Hawley is trying to taunt Nancy Pelosi by renaming a stock trading ban bill. His PELOSI Act is a retread of a proposal that garnered no support in the last Congress. House lawmakers recently reintroduced a bipartisan stock trading proposal with broader backing. Pelosi famously pushed back against any stock trading prohibitions during the 117th Congress — "We're a free market economy." Meanwhile, Democratic Rep. Abigail Spanberger of Virginia and Republican Rep. Chip Roy of Texas have reintroduced a more comprehensive stock trading ban bill (H.R.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo lawmakers leading efforts to stop congressional stock tradingCongresswoman Abigail Spanberger and Congressman Chip Roy join 'Squawk Box' to discuss co-sponsors of the Trust in Congress Act, how congressional stock trading can influence markets, and more.
House Republicans voted on Monday to hobble the Office of Congressional Ethics. George Santos, facing multiple investigations and ethics complaints, called the changes "fantastic." The Office of Congressional Ethics, first established in 2008, is a quasi-independent body tasked with investigating allegations of misconduct against members of Congress. It then makes a determination as to whether those allegations are worth investigating further, at which point it makes a referral to the House Ethics Committee, which is evenly divided between Republicans and Democrats. In 2017, House Republicans voted in conference to subsume the office under the House Ethics Committee, effectively neutering it.
The attorney, Office of Government Ethics General Counsel David Apol, missed deadlines to report at least 12 different bond transactions since 2015. Improperly reporting purchases and sales of bonds or stocks is a violation of the 2012 Stop Trading on Congressional Knowledge Act, or STOCK Act. Officials are only required to report transactions in broad ranges. Democratic Rep. Abigail Spanberger of Virginia has been one of the lead proponents in Congress of reforming the STOCK Act. Congress this year discussed changes to the STOCK Act and the US House even held a hearing following the publication of "Conflicted Congress."
After months of wrangling over a congressional stock-trade ban, Pelosi is getting that wish. Some government ethics advocates had hoped that congressional stock-ban legislation would be packaged with the 2023 omnibus spending bill. Meanwhile, lawmakers from both the Republican and Democratic parties continue violating the STOCK Act while 11th-hour pleas from Democratic stock-ban advocates go unanswered by Democratic leaders. A ban on members of Congress trading individual stocks and cryptocurrencies will officially die on January 3, when the 118th Congress is seated. Any stock-ban bill introduced next year will therefore require bipartisan support across Congress' two chambers.
"Six years is a pretty long time," Democratic Rep. Abigail Spanberger of Virginia told Insider at the Capitol earlier this month. "I'm not for term limits," House Majority Leader Steny Hoyer told Insider during a briefing with reporters at the end of November. "I'm not taking a position on any single rules proposal that is before the House Democratic Caucus," he said. Another prominent young lawmaker — 33-year-old Democratic Rep. Alexandria Ocasio-Cortez of New York — has also been vocal in her criticism of the system. "Whatever the mechanism is, we need to have more opportunities for people to bring their leadership to bear in different places," she told Insider.
Time has largely run out in this Congress to ban lawmakers from trading stocks. On Monday, he told Insider in a statement that he would "keep pushing to get this debated on the floor and get it passed." Democratic senators formed a working group, with Senate Majority Leader Chuck Schumer's blessing, to draft legislation to ban stock trading among lawmakers. In the Senate, Democratic Sen. Elizabeth Warren of Massachusetts told Insider that it was "not yet" time to declare the effort dead, pointing to ongoing discussions. "I support a stock ban for members of Congress," he told reporters in September.
An Insider review of FEC filings shows that the National Association of Manufacturers' PAC reported eight instances of stolen and fraudulent checks and bank transfers, amounting to more than $10,000 in losses. Federal Election CommissionAnother trade association, the National Association of Home Builders, reported three instances of "fraudulent debit" during the 2021-2022 election cycle, amounting to more than $20,000 in lost funds. A filing with the FEC from the PAC of the National Association of Home Builders that details money lost from fraudulent disbursements. Federal Election CommissionThe National Association of Home Builders represents more than 140,000 members who construct close to 80% of all the new homes built in the US, per the association's website. The National Association of Home Builders did not respond to Insider's request for comment.
Rep. Donald McEachin of Virginia died on Monday after battling colorectal cancer. "We are all devastated at the passing of our boss and friend, Congressman Donald McEachin," McEachin chief of staff Tara Rountree said in a statement on Monday evening. Democratic Sen. Mark Warner of Virginia, who served as the Commonwealth's governor from 2002 to 2006, remembered McEachin fondly on Monday night. "Tonight, I am mourning my friend, colleague, and mentor Congressman Donald McEachin. The congressman is survived by his wife, Colette McEachin, the Commonwealth's attorney for the City of Richmond, and their three adult children.
WASHINGTON — Nancy Pelosi, the first female speaker of the House, will announce plans for her future in a speech on the House floor Thursday, a spokesman said. The speaker’s plans are still unclear, but a source told NBC News that she took home two different versions of the speech she plans to deliver. "We’re all waiting for white smoke from the Vatican," one senior Democratic lawmaker told NBC News. Clyburn said Thursday he plans to stay in Democratic leadership no matter what Pelosi does. Asked about Pelosi's role leading the caucus over the last two decades, Clyburn told NBC News, “She has done absolutely great.
Nancy Pelosi announced Thursday she will not be seeking re-election as House Democratic leader. Dozens of politicians, Republican and Democratic alike, expressed their gratitude for Pelosi's leadership. President Joe Biden greets Speaker of the House Nancy Pelosi, and Democratic Caucus Chair Hakeem Jeffries, before Biden addressed the House Democratic Caucus Issues Conference in Philadelphia earlier this year. "Nancy Pelosi's historic ascension to become the first woman Speaker of the House will forever inspire our nation on the power of possibility," he said. "Look I've been on both sides of Nancy Pelosi, it's much more pleasant when you're on the good side of her.
Trump endorsed a ban on members of Congress trading stocks. Lawmakers on both sides of the aisle support a ban but progress has stalled during the current Congress. Trump has previously attacked the idea of lawmakers trading stocks before, but his comments on Tuesday appeared to be his most fulsome endorsement of a ban thus far. House leaders have pledged to move forward on stock-ban legislation this month, but it's not immediately clear where negotiations for passing a stock ban stand. While the issue has bipartisan support, lawmakers on both sides of the Capitol have a number of issues to deal with during the so-called "lame duck" session.
GOP Rep. Liz Cheney is a fierce critic of former President Donald Trump. On Thursday she said the 2022 midterm elections marked a "victory for team normal," reports said. Cheney endorsed three Democrats in the midterm elections, two of whom won. "Well, I think that it was a clear victory for team normal," Cheney said. "We believe in standing up for the Constitution, and for the Republic and a real rejection of the toxicity, and the hate, and vitriol, and of Donald Trump."
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