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☆ A $174,000 salary isn't enough for members of Congress. In fact, they should probably give themselves a $100,000 raise.
▼ + stars: | 2024-01-12 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +12 min

With a salary of $174,000 per year, members of Congress make more than 80% of American households. Stunted salary growth and limited perksThe salaries for members of Congress haven't budged in nearly 15 years. Historically, Democrats have been more willing to push for higher pay for members of Congress, including Rep. Alexandria Ocasio-Cortez of New York. For simplicity's sake, let's put the number at $274,000 — a $100,000 raise for members of Congress. Nor is jacking up lawmakers' salaries likely to be a panacea that solves every problem in a troubled institution.

Persons: that's, —, It's, David Schweikert, we're, Daniel Schuman, reimbursements, Schuman, Patrick McHenry of, — he's, he's, Republican Sen, Mitt Romney, who've, Democratic Sen, Elizabeth Warren of, Alexandria Ocasio, Cortez, Steny Hoyer, Dan Kildee of, who's, Kildee, Sen, Elizabeth Warren, Kent Nishimura, Maxwell Frost of Florida, Deb Fischer, Nebraska, JD Vance, Ohio, Ro Khanna, Tom Williams, Chip Somodevilla, Vance, Khanna, Gregg Harper, Harper, I'm, Warren, let's Organizations: Service, DC, Arizona, Business, POPVOX, budged, Senate, Republican, Democratic, Getty, United States Senate, —, Bureau of Labor Statistics Locations: Washington, Arizona, multimillionaires, Patrick McHenry of North Carolina, Utah, Elizabeth Warren of Massachusetts, Alexandria, Cortez of New York, Cortez, Dan Kildee of Michigan, DC, Ohio, California, America, Mississippi

☆ CD and Savings Rates Today: Uncover Top Rates
▼ + stars: | 2023-12-05 | by ( Business Insider | ) www.businessinsider.com time to read: +8 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $250 bonus with qualifying direct deposits for eligible customers through 12/31/2023. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. Certificates of DepositThe best CD rates may outpace any of the other accounts we've described above. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

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☆ CD and Savings Rates Today: Elevate Your Savings
▼ + stars: | 2023-12-04 | by ( Business Insider | ) www.businessinsider.com time to read: +8 min

Persons: Banks, —, Cash, we've Organizations: Limelight, Customers Bank, CIT Bank, Savings, Bank, Cash, Products, Secure Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Technology Credit Locations: —

☆ CD and Savings Rates Today: Secure Top Rates
▼ + stars: | 2023-12-03 | by ( Business Insider | ) www.businessinsider.com time to read: +8 min

☆ CD and Savings Rates Today: Maximize Your Money
▼ + stars: | 2023-12-02 | by ( Business Insider | ) www.businessinsider.com time to read: +8 min

☆ CD and Savings Rates Today: Start Earning More Interest
▼ + stars: | 2023-12-01 | by ( Business Insider | ) www.businessinsider.com time to read: +8 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A savings account often limits the number of monthly transfers, while a checking account doesn't. The best no-penalty CDs will offer rates slightly higher than the best high-yield savings accounts, and can offer a substantially improved interest rate over traditional brick-and-mortar savings accounts. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, —, Cash, we've Organizations: Bank, BMO, Cash, Products, Secure Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Technology Credit Locations: —

☆ Senate Democrats subpoena Harlan Crow, escalating probe of GOP megadonor's relationship with Justice Clarence Thomas
▼ + stars: | 2023-11-30 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Senate Democrats pushed forward on a subpoena of Harlan Crow. The GOP megadonor has been at the center of ethics concerns regarding Justice Clarence Thomas. Republican senators previously filed 177 amendments to the subpoena authorization, including a subpoena of Jeffrey Epstein's estate for his private flight logs. Crow has been in the news for months related to his friendship to Justice Clarence Thomas. ProPublica uncovered numerous trips and gifts Crow lavished on the justice and his family, which Thomas often did not list on his financial disclosure.

Persons: Harlan Crow, Clarence Thomas, —, Leonard Leo, Dick Durbin, Jeffrey Epstein's, Sen, John Cornyn, Durbin, Lindsey Graham, Graham, Crow, Leo, ProPublica, Crow lavished, Thomas, Samuel Alito, Paul Singer, Alito Organizations: GOP, Service, Durbin, United States Senate, Texas Republican, Republican, Supreme Court, Courthouse News Locations: Texas

☆ Senate Judiciary authorizes subpoenas of Harlan Crow and Leonard Leo in Supreme Court ethics probe
▼ + stars: | 2023-11-30 | by ( Frank Thorp V | Rebecca Shabad | ) www.cnbc.com time to read: +1 min

Harlan Crow, chairman and chief executive officer of Crow Holdings LLC, sits for a photograph at the Old Parkland estate offices in Dallas, Texas, U.S., on Friday, Oct. 2, 2015. The Senate Judiciary Committee on Thursday voted to approve subpoenas for conservative activist Leonard Leo and GOP megadonor Harlan Crow in its Supreme Court ethics probe. Ahead of the meeting, Durbin told reporters that Republicans had filed 177 amendments, which would have taken hours to go through. Before the vote on the subpoenas, the meeting devolved into partisan bickering after Democrats tried to block Republicans from debating a nominee the panel was considering. "Congratulations on destroying the United States Senate Judiciary Committee," Sen. John Cornyn, R-Texas, said to Durbin after Republicans then refused to vote on the subpoenas.

Persons: Harlan Crow, Leonard Leo, Dick Durbin, Durbin, Sen, Lindsey Graham, John Cornyn Organizations: Crow Holdings LLC, GOP, Democratic, Republican, NBC News, United States, Committee Locations: Parkland, Dallas , Texas, U.S, Texas

☆ CD and Savings Rates Today: Unlock High Interest Rates
▼ + stars: | 2023-11-29 | by ( Business Insider | ) www.businessinsider.com time to read: +8 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. A savings account often limits the number of monthly transfers, while a checking account doesn't. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

☆ CD and Savings Rates Today: Unlock Maximum Returns
▼ + stars: | 2023-11-28 | by ( Business Insider | ) www.businessinsider.com time to read: +8 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. A savings account often limits the number of monthly transfers, while a checking account doesn't. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

☆ Why doesn’t the US have more passenger trains?
▼ + stars: | 2023-11-25 | by ( Samantha Delouya | ) edition.cnn.com time to read: +12 min

Today, the United States’ passenger rail system is an echo of its former self, with swathes of the network unused or surrendered to freight. In 1970, President Richard Nixon signed the Rail Passenger Service Act, which removed the requirement that private rail companies provide passenger service. Mike Segar/ReutersBut many American towns and cities have lost access to passenger trains. Can passenger trains make a comeback? A passenger rides an Amtrak train passing near the Pacific Ocean on November 9, 2021 near Oceanside, California.

Persons: you’ll, Biden, ”, Miguel Medina, JP Morgan, Jay Gould, Cornelius Vanderbilt, Christian Wolmar, “, Yonah Freemark, Bing Guan, Freemark, Dwight D, Eisenhower, Harvey Weber, Paul Hammond, Hammond, Richard Nixon, Daniel Patrick Moynihan, Mike Segar, Ulysses S, Grant, Al Drago, Joe Biden, ” Freemark, Robert Puentes, It’s, ” Puentes, Mario Tama, Brightline, Carline Jean, Tony Coscia Organizations: Los Angeles CNN, Washington , D.C, Brightline, Miami, US Department of Transportation, du, Getty, Amtrak, US, Transcontinental Railroad, Central Pacific Railroad, Union Pacific Railroad, Railroad, CNN, Bloomberg, United States Senate, Newsday, Colorado Railroad Museum, Rail, Service, Hall, Pennsylvania, Bureau of Transportation Statistics, Washington DC, Eno Center for Transportation, Private, Las, Passengers, West Palm Beach, Fort, South Florida Sun Sentinel, Tribune Locations: Europe, Asia, America, United States, Boston, Washington ,, Orlando, California, Los Angeles, San Francisco, Swedish, Paris, AFP, France, Japan, China, Promontory Point , Utah, Compton , California, American, Levittown , New York, Manhattan, New York City , New York, U.S, Indiana, Ohio, Baltimore, Baltimore , Maryland, Potomac, Delaware, Oceanside , California, South Florida, Las Vegas, West Palm, Fort Lauderdale, Florida, South

☆ CD and Savings Account Rates Today: Don't Lose Money with Low Rates
▼ + stars: | 2023-11-22 | by ( Business Insider | ) www.businessinsider.com time to read: +8 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? See more savings account bonuses »Leading Savings & Money Market Account BonusBMO Relationship Plus Money Market AccountEarn up to $4,100 with qualifying transactions: Open a Relationship Plus Money Market account and maintain an eligible balance to earn up to a $3,500 bonus. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

☆ Unlock Peak Savings: Today's Top CD and Savings Account Rates for Maximum Returns
▼ + stars: | 2023-11-20 | by ( Business Insider | ) www.businessinsider.com time to read: +8 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. A savings account often limits the number of monthly transfers, while a checking account doesn't. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

☆ Optimize Your Savings: Uncover Today's Top CD and Savings Account Rates
▼ + stars: | 2023-11-18 | by ( Business Insider | ) www.businessinsider.com time to read: +8 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. A savings account often limits the number of monthly transfers, while a checking account doesn't. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

☆ Boost Your Savings: Explore Today's Premier CD and Savings Account Rates
▼ + stars: | 2023-11-17 | by ( Business Insider | ) www.businessinsider.com time to read: +8 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. A savings account often limits the number of monthly transfers, while a checking account doesn't. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

☆ Maximize Your Savings: Discover Today's Highest CD and Savings Account Rates
▼ + stars: | 2023-11-16 | by ( Business Insider | ) www.businessinsider.com time to read: +8 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. A savings account often limits the number of monthly transfers, while a checking account doesn't. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, —, Cash, we've Organizations: Bank, BMO, Cash, Products, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Technology Credit Locations: —

Companies United States Senate FollowWASHINGTON, Nov 13 (Reuters) - A group of 39 Senate Republicans in a letter on Monday called on major U.S. banking regulators to withdraw a contentious proposal to significantly raise bank capital requirements, warning it could hinder lending and harm the economy. Regulators said stronger cushions will guard against future unforeseen risks, and cited the failures earlier this year of three large U.S. lenders as a warning. * Regulators have said they are continuing to gather data for the proposal, and have given firms more time to provide feedback. * Senator Tim Scott, the top Republican on the Senate Banking Committee and a former presidential candidate, and Senate Minority Leader Mitch McConnell were among the senior Republicans in the chamber to sign Monday's letter. WHAT'S NEXTU.S. banking regulators are due to testify before the Senate Banking Committee on Tuesday, when they are expected to be pressed on the proposal by Republicans.

Persons: Banks, Tim Scott, Mitch McConnell, Pete Schroeder, Paul Simao, Jonathan Oatis Organizations: United States, WASHINGTON, Republicans, Federal Reserve, Federal Deposit Insurance Corporation, Currency, Regulators, Republican, Senate Banking Committee, Fed, OCC, NEXT, Thomson Locations: Basel

☆ Savings and CD Rates Today | Online Banking Platform Releases 3 New Offers Above 5% APY
▼ + stars: | 2023-11-11 | by ( Business Insider | ) www.businessinsider.com time to read: +8 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? New OffersOnline savings account platform Raisin launched three new deposit products this week with competitive interest rates over 5% APY. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A checking account is like a hub for your money: If your paycheck is direct deposited, it's typically to a checking account. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, Raisin, —, Cash, we've Organizations: New, Bank, BMO, Cash, Products, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Western Alliance Bank Locations: —

Senator Joe Manchin, a maverick who has often bucked party leadership in the past two years, said on Thursday that he will not seek re-election, hurting Democrats' chance of defending their thin Senate majority in the 2024 election. The move by the 76-year-old lawmaker will make it very difficult for Democrats to defend his West Virginia seat. "We like our odds in West Virginia," Senator Steve Daines, the head of Republican senators' campaign arm, said in a statement. David Bergstein, a spokesperson for the Senate Democrats' campaign arm, said the party was confident in its chances of strengthening its majority. Manchin has insisted that his only motivation is the coal-producing state of West Virginia and an eye on fiscal responsibility.

Persons: Joe Manchin, Manchin, Republican Donald Trump, Democrat Joe Biden, Steve Daines, Biden, Trump, David Bergstein, Matt Bennett, he's, Bennett, Julia Nikhinson, Jim Justice, Justice, Biden's, Kyrsten Sinema, Roe, Wade, Mitt Romney, Moira Warburton, Jasper Ward, Makini Brice, Richard Cowan, Jason Lange, David Morgan, Scott Malone, Alistair Bell, Daniel Wallis Organizations: Democratic U.S, United States Senate, Republican, Democrat, Democratic Party, White, Reuters, Biden, Democrats, Trump, Senate Democrats, U.S, Congress, REUTERS, SEAT West Virginia's Republican, Democratic, Charleston Gazette, Thomson Locations: West Virginia, Montana and Ohio, Pennsylvania, Arizona, Democratic, Washington , U.S, Washington, America, Jasper

☆ Savings and CD Rates Today | New 5-Year CD at 5.25%
▼ + stars: | 2023-11-09 | by ( Business Insider | ) www.businessinsider.com time to read: +8 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? Leading CD RatesSee more CD rates »Leading High-Yield Savings Account RatesLeading High-Yield Checking AccountOnPath Credit UnionEarn 7.00% APY on average daily balances up to $10,000 and 0.50% on balances above $10,000. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. A savings account often limits the number of monthly transfers, while a checking account doesn't. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, —, Cash, we've Organizations: Bank, BMO, Cash, Products, Savings, Mission Valley Bank, Newtek, United States, Federal Credit Union, Western Alliance Bank Locations: —

☆ Manchin teases 3rd party presidential run in announcement that he won't seek reelection for Senate
▼ + stars: | 2023-11-09 | by ( Madison Hall | ) www.businessinsider.com time to read: +2 min

On Thursday, Sen. Joe Manchin announced he's not running for reelection. AdvertisementAdvertisementDemocratic Sen. Joe Manchin teased running for president as a third-party candidate in his new video announcing he's not running for reelection. Manchin made the surprise announcement Thursday afternoon in a video posted to the social media platform, X. Throughout 2023, Manchin's maintained ties with the "No Labels" political organization that's pledged to back a third-party candidate in the upcoming presidential election. AdvertisementAdvertisementIn July, speaking at a No Labels forum, Manchin refused to rule out the possibility of running as a third-party candidate.

Persons: Sen, Joe Manchin, he's, —, Democratic Sen, I've, Manchin, Manchin's, that's, Joe Biden, Donald Trump, Robert F, Kennedy Jr Organizations: Service, Democratic, United States Senate

☆ Democratic Sen. Joe Manchin says he is not running for reelection
▼ + stars: | 2023-11-09 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Democratic Sen. Joe Manchin of West Virginia said Thursday he will not run for reelection in 2024 — but signaled he was not leaving politics entirely. "I have made one of the toughest decisions of my life, and decided that I will not be running for reelection to the United States Senate," Manchin said in a video posted on X. Some recent polls of West Virginia voters, however, showed Manchin trailing the state's Republican governor, Jim Justice, by hefty margins. "I will miss this American patriot in the Senate," Sen. Mitt Romney, R-Utah, said of Manchin. "Thank you Joe and Gayle for your years of service," said GOP Sen. Shelley Moore Capito, the junior senator from West Virginia.

Persons: Democratic Sen, Joe Manchin, West Virginia, Manchin, Steve Daines, haven't, Jim Justice, Alex Mooney, Donald Trump, Joe Biden's, Sen, Mitt Romney, Joe, Gayle, GOP Sen, Shelley Moore Capito Organizations: Democratic, United States Senate, Senate, National Republican, NBC News, Democratic Senatorial, Committee, NBC, CNBC, Republican, West, West Virginia voters, Republican Senate, GOP Locations: West, West Virginia, R, Utah

☆ Manchin Says He Will Not Seek Re-election, Dealing Blow to Democrats
▼ + stars: | 2023-11-09 | by ( Luke Broadwater | More About Luke Broadwater | ) www.nytimes.com time to read: +1 min

Senator Joe Manchin III, the conservative West Virginia Democrat, announced on Thursday that he would not seek re-election, dealing a blow to Democrats’ chances of holding the Senate. Instead, Mr. Manchin, who was likely to face a strong Republican challenger to keep his Senate seat in a deeply red state, said he would continue exploring whether there was an appetite in the country for a centrist third-party bid for the presidency. That prospect has alarmed many Democrats who fear such a run could doom President Biden’s chances of holding the White House. “After months of deliberation and long conversations with my family, I believe in my heart of hearts that I have accomplished what I set out to do for West Virginia,” Mr. Manchin said in a video news release. Mr. Manchin was seen as the only Democrat with a chance of holding the seat.

Persons: Joe Manchin III, ’, Manchin, Biden’s, “, ” Mr Organizations: West Virginia Democrat, Republican, White, United States Senate, Senate Locations: West Virginia

☆ Joe Manchin won’t run for reelection
▼ + stars: | 2023-11-09 | by ( Manu Raju | Lauren Fox | ) edition.cnn.com time to read: +2 min

Sen. Joe Manchin of West Virginia will not run for reelection in 2024, the moderate Democrat announced on social media Thursday, a blow for his party’s chances to hold onto control of the Senate in next year’s midterms. Montana Sen. Steve Daines, who chairs the National Republican Senatorial Committee, released a statement minutes after Manchin’s announcement, saying, “We like our odds in West Virginia.”It’s unclear what specifically Manchin will do after leaving Capitol Hill. I’ve been in races to win,” Manchin said at the time in July. “And if I get in a race, I’m going to win.”Throughout his time in Washington, Manchin has found himself at odds with members of his own party, both in and out of the Capitol. Manchin, a former governor of West Virginia, was first elected to the Senate in 2010.

Persons: Sen, Joe Manchin, “, ” Manchin, Montana Sen, Steve Daines, ”, “ I’ve, I’ve, Manchin, Joe Biden Organizations: United States Senate, Democratic Caucus, Democrats, National Republican Senatorial Committee, Capitol, Anselm College, ”, Senate Locations: West Virginia, Montana, New Hampshire, Washington

☆ Democratic Senator Manchin says he will not seek re-election
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: 1 min

Senator Joe Manchin (D-WV) looks on during a Senate Appropriations committee hearing as lawmakers in the U.S. Congress struggle to reach a deal to head off a looming partial government shutdown less than two weeks away on Capitol Hill in Washington, U.S., November 8, 2023. REUTERS/Julia Nikhinson/File Photo Acquire Licensing RightsWASHINGTON, Nov 9 (Reuters) - Democratic U.S. Senator Joe Manchin on Thursday announced that he will not seek re-election in 2024. "I have made one of the toughest decisions of my life and decided that I will not be running for re-election to the United States Senate, but what I will be doing is traveling the country and speaking out to see if there is an interest in creating a movement to mobilize the middle and bring Americans together," Manchin said in a statement. Reporting by Jasper WardOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Manchin, Julia Nikhinson, Manchin, Jasper Ward Organizations: U.S, Congress, REUTERS, Rights, Democratic U.S, United States Senate, Jasper, Thomson Locations: Washington , U.S

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