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More than 20 Republican lawmakers in the House and Senate sent Gensler a letter last fall, calling on the SEC to withdraw the rule. Ted Cruz (R-Texas) and Bill Hagerty (R-Tenn.). The Senate bill currently lacks Democratic support, meaning it's unlikely to get much traction as long as Democrats control the Senate. If the final SEC rule is issued after the beginning of November, and not before it, then the rule could fall in the window of CRA, come January 2025. He also argued the precedent has been for the SEC to require firms to disclose potential areas of interest, not eliminate them completely.
Persons: Ted Cruz, Sen, Bill Hagerty, WASHINGTON —, Gary Gensler, Gensler, Sens, Cruz, Ritchie Torres Organizations: Republican, Republicans, U.S, Capitol, Washington , D.C, Securities and Exchange Commission, SEC, Senate, CNBC, Democratic, Act Locations: Texas, Washington ,
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing CEO: We don't put planes in the air that we don't have 100% confidence inCNBC's Emily Wilkins reports on news from Boeing's testimony in front of Congress.
Persons: Emily Wilkins Organizations: Boeing
The package released earlier this week was the result of a rare, bipartisan agreement between Republican House Ways and Means Chair Jason Smith (Mo.) To help win more Democratic support, the bill also expands the child tax credit by adjusting it for inflation and allowing Americans who don't have a tax bill to get the credit as a refund, among other changes. In addition to Friday's committee vote, the White House also came out in support of the legislation. In the end, Blumenauer said he would "reluctantly" vote for the bill, but wanted to see the child tax credit expanded further. House Speaker Mike Johnson had yet to confirm when, or even if, he would bring the bill to the House floor for a vote.
Persons: WASHINGTON, Jason Smith, Ron Wyden, Karine Jean, Pierre, Earl Blumenauer, Blumenauer, Mike Johnson, Smith, Wyden Organizations: Business, of Commerce, National Association of Manufacturers, Republican, Democratic, White, Oregon Democrat Locations: Taiwan, Mo, Oregon
Rep. Don Beyer, D-Va. Bill Clark | CQ-Roll Call, Inc. | Getty ImagesWASHINGTON — Don Beyer isn't the average student at George Mason University. So he enrolled, starting with the prerequisite classes that will ultimately lead him to a master's degree in machine learning. Beyer is part of almost every group of House lawmakers working on AI. He was also a member of former Speaker Kevin McCarthy's working group on AI, which could be resurrected under Speaker Mike Johnson. Obernolte, who has a masters degree in artificial intelligence, said there's no shortage of smart lawmakers on AI, including Beyer.
Persons: Don Beyer, Bill Clark, Getty Images WASHINGTON — Don Beyer isn't, Beyer, Kevin McCarthy's, Mike Johnson, he's, Sam Altman, Jay Obernolte, Johnson, Obernolte, Don Organizations: CQ, Inc, Getty Images WASHINGTON, George Mason University, He's, The, The Virginia Democrat, CNBC, Congressional Artificial Intelligence Caucus, The New Democrat Coalition Locations: The Virginia
WASHINGTON — One of crypto's most powerful allies in Congress is fighting this week to make sure that an industry-backed regulation bill gets tacked on to the must-pass defense funding legislation. If he is successful, Rep. Patrick McHenry's (R-N.C.) hardball tactics could hand the cryptocurrency industry a big win. The bill is intended to clarify how crypto is regulated by federal agencies. But McHenry's bill has never been put to a vote in the full House, let alone in the Senate. Instead, McHenry, who chairs the Financial Services Committee, is pushing to attach his bill to the massive annual Pentagon funding measure the National Defense Authorization Act.
Persons: Patrick McHenry, Patrick McHenry's, McHenry Organizations: Chamber, WASHINGTON —, Financial Services, Defense, Congressional Locations: Washington ,
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse to pass government spending bill, looking to avoid shutdownCNBC's Emily Wilkins joins 'Fast Money' from Capitol Hill with news that the U.S. House of Representatives is poised to pass a government spending bill.
Persons: Emily Wilkins Organizations: Capitol Hill, U.S . House, Representatives
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe odds of a government shutdown are rising, says Stifel's Brian GardnerCNBC's Emily Wilkins and Brian Gardner, Stifel chief Washington strategist, joins 'Power Lunch' to discuss the looming government shutdown.
Persons: Brian Gardner, Emily Wilkins, Stifel Locations: Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Mike Johnson appears to win fourth House speaker vote, ending Republican deadlockCNBC's Emily Wilkins reports on the latest developments in the race for speaker.
Persons: Mike Johnson, Emily Wilkins
Mike Johnson elected House speaker
  + stars: | 2023-10-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMike Johnson elected House speakerCNBC's Emily Wilkins reports on the House finally voting for a House Speaker.
Persons: Mike Johnson, Emily Wilkins
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRepublicans nominate House Majority Whip Tom Emmer for House SpeakerCNBC's Emily Wilkins joins 'Halftime Report' to discuss the latest news in the House speaker election.
Persons: Tom Emmer, Emily Wilkins
Rep. Tom Emmer nominated by GOP for House speaker
  + stars: | 2023-10-24 | by ( Spencer Kimball | ) www.cnbc.com   time to read: +2 min
House Majority Whip Tom Emmer, a Republican from Minnesota, speaks to members of the media following a House Republican caucus meeting on Capitol Hill in Washington, DC, US, on Monday, Oct. 23, 2023. Emmer, the Republican majority whip, prevailed over a crowded field of eight GOP candidates after several rounds of voting Tuesday morning. Interim Speaker Patrick McHenry has said the nominee could face a vote before the House floor as soon as Tuesday. It is unclear if Emmer can secure the 217 Republican votes needed on the House floor. He can only afford to lose four GOP votes, as Democrats have lined up in lockstep behind their nominee, House Minority Leader Hakeem Jeffries of New York.
Persons: Tom Emmer, Patrick McHenry, Hakeem Jeffries, Joe Biden's, Emmer, Kevin McCarthy, McCarthy, Donald Trump, Trump, Jim Jordan of, Steve Scalise, Matt Gaetz, McCarthy's speakership, , Emily Wilkins Organizations: Republican, Capitol, NBC News, Monday, Rep Locations: Minnesota, Washington , DC, lockstep, New York, Israel, Ukraine, Jim Jordan of Ohio, Florida, California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Tom Emmer drops out of speaker race hours after winning nominationCNBC's Emily WIlkins joins 'Closing Bell Overtime' with the latest on the race for House Speaker.
Persons: Tom Emmer, Emily WIlkins
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse speaker vote: Nine Republican candidates join the raceCNBC's Emily Wilkins joins 'The Exchange' to discuss the effort to find a new republican nominee for Speaker, the deadline for the next Speaker vote, and the nine GOP candidates currently in the running.
Persons: Emily Wilkins Organizations: Republican, GOP
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Jim Jordan no longer GOP speaker nominee after third defeat on House floorCNBC's Emily Wilkins joins 'Power Lunch' to report on the latest House speaker vote.
Persons: Jim Jordan, Emily Wilkins
U.S. Rep. Jim Jordan (R-OH) (R) talks to Speaker Pro Tempore Rep. Patrick McHenry (R-NC) as the House of Representatives prepares to hold a vote on a new Speaker of the House at the U.S. Capitol on October 18, 2023 in Washington, DC. Rep. Jim Jordan of Ohio will back a plan to empower interim House Speaker Patrick McHenry until January, sources told NBC News and CNBC Thursday. The plan to temporarily empower McHenry to oversee the passage of legislation would act as a bridge until the deeply divided Republican conference can coalesce around a permanent replacement. Rep. David Joyce of Ohio said earlier this week that he plans to introduce a resolution to empower McHenry so the House can move forward with urgent business. But another source cautioned that the plan to temporarily empower McHenry may not have enough votes in the House.
Persons: Jim Jordan, Patrick McHenry, McHenry, Joe Biden, David Joyce, Ohio, Jordan, Kevin McCarthy of California, Steve Scalise, McCarthy Organizations: Rep, Pro Tempore, U.S, Capitol, Washington , DC, NBC News, CNBC, Democratic, NBC, House Republicans, GOP, Republican Locations: Washington ,, Ohio, Israel, Louisiana
Rep. Marjorie Taylor Greene: We need to unite behind a speaker
  + stars: | 2023-10-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Marjorie Taylor Greene: We need to unite behind a speakerCNBC's Emily Wilkins joins 'The Exchange' to discuss division among republicans about the best path forward for securing a new Speaker, proposals to temporarily empowering Speaker Pro Tempore McHenry to pass bills, and the need for Democratic support.
Persons: Marjorie Taylor Greene, Emily Wilkins, Pro Tempore McHenry Organizations: Pro, Democratic
Jim Jordan loses second House speaker vote
  + stars: | 2023-10-18 | by ( Emily Wilkins | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJim Jordan loses second House speaker voteCNBC's Emily Wilkins joins 'The Exchange' to discuss Rep. Jim Jordan losing the Speakership vote for the second time, and the effort to expand Patrick McHenry's powers as Speaker Pro Tempore.
Persons: Jim Jordan, Emily Wilkins, Patrick Organizations: Pro Tempore
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Jim Jordan unlikely to win House Speakership in second round of votingCNBC's Emily Wilkins joins 'The Exchange' to discuss the second round of votes for Representative Jim Jordan as House Speaker, Republicans withdrawing their support for Rep. Jordan, and the need for bipartisan support when electing a new Speaker.
Persons: Jim Jordan, Speakership, Emily Wilkins Organizations: Rep
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Jim Jordan loses Speaker vote as division among GOP persistsCNBC's Emily Wilkins joins 'The Exchange' to discuss Rep. Jim Jordan losing the first round of the Speaker vote, whether or not Rep. Jim Jordan will pursue another vote, and other candidates receiving votes.
Persons: Jim Jordan, Emily Wilkins Organizations: GOP
House will hold next Speaker vote Wednesday morning
  + stars: | 2023-10-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse will hold next Speaker vote Wednesday morningCNBC's Emily Wilkins joins 'Fast Money' with the latest on another failed vote for House Speaker.
Persons: Emily Wilkins
U.S. House starts voting for new House Speaker
  + stars: | 2023-10-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. House starts voting for new House SpeakerCNBC's Emily Wilkins joins 'The Exchange' to discuss the current House of Representatives vote for a new Speaker, and five republican representatives casting votes against GOP Speaker nominee Rep. Jim Jordan.
Persons: Emily Wilkins, Jim Jordan Organizations: U.S, House, GOP
House Speaker race: What you need to know
  + stars: | 2023-10-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse Speaker race: What you need to knowCNBC's Emily Wilkins joins 'The Exchange' to discuss the Republican effort to nominate a coalition government, a shift in House sentiment towards Representative Jim Jordan, and the plan for a Speaker vote on Tuesday
Persons: Emily Wilkins, Jim Jordan Organizations: Email
Rep. Jim Jordan, R-Ohio, talks to reporters after a House Republican Conference meeting in the U.S. Capitol on the speaker of the house nomination on Thursday, October 12, 2023. On this vote, Jordan came away with 152 votes for him, and 55 against, far short of the 217 he would need in a formal vote on the House floor. Following the second vote, lawmakers broke for the weekend, with few signs of what would come next. House Republicans had nominated Scalise Wednesday after he defeated Jordan in a narrow 113-to-99 internal party vote behind closed doors. The lower chamber is effectively in a state of paralysis, unable to move forward with urgent business until a House speaker is elected.
Persons: Jim Jordan, Jim Jordan of, Steve Scalise, Jordan, Austin Scott of, Mark Alford, Scalise, Matt Gaetz, Kevin McCarthy of California, Joe Biden's, Dan Meuser, Newsmax, Tom McClintock of, McCarthy, McCarthy's, McClintock, Mike Lawler, , Emily Wilkins Organizations: Republican, U.S, Capitol, House Republicans, GOP, Committee, CNBC, Republicans, Rep, Russia, Jordan, York, NBC News Locations: Ohio, Jim Jordan of Ohio, Austin Scott of Georgia, R, Texas, Louisiana, Florida, Israel, Ukraine, Pennsylvania, Tom McClintock of California, Washington ,
House Republicans nominate Rep. Steve Scalise to be speaker
  + stars: | 2023-10-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse Republicans nominate Rep. Steve Scalise to be speakerCNBC's Emily Wilkins joins 'The Exchange' to discuss the latest House Speaker nomination from the Republicans, the votes needed to finalize a new Speaker, and the Democrats remaining united around Hakeem Jeffries.
Persons: Steve Scalise, Emily Wilkins, Hakeem Jeffries Organizations: Email, Republicans
Speaker McCarthy faces house vote for removal from speakership
  + stars: | 2023-10-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpeaker McCarthy faces house vote for removal from speakershipCNBC’s Emily Wilkins joins 'Power Lunch' to report on the house vote to remove Speaker Kevin McCarthy.
Persons: McCarthy, CNBC’s Emily Wilkins, Kevin McCarthy
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