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How to make the Fed rate cut work for you
  + stars: | 2024-09-18 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +11 min
In its August survey of car shoppers, a majority (64%) said a Fed rate cut likely would affect the timing of their purchase. But here’s the thing: Car loan rates are pretty high — the average is 7.1% for new cars and 11.3% for used cars, according to Edmunds. If you do buy a home this year and are considering buying down points to reduce your mortgage rate, crunch some numbers first, Diodato advised. That’s because you will pay thousands of dollars to buy down your mortgage rate now, and then thousands more in fees to refinance. What to do if you’re not near retirement: Reconsider how much money you’re keeping in cash or cash-equivalent investments.
Persons: Jerome Powell, Powell, , , Greg McBride, McBride, Chris Diodato, Jessica Caldwell, ” McBride, Caldwell, We’re, Diodato, you’ll, won’t, Kathy Jones, Jones Organizations: CNN, Federal Reserve, Bankrate.com, Fed, Treasury, FDIC, Schwab Center, Financial Research, AAA, Bond Locations: Edmunds, Schwab.com
The revelations about Ryan Wesley Routh emerged Monday, a day after a Secret Service agent rousted him from a hiding place at the West Palm Beach, Florida, golf course where Trump had been playing. Trump was on the fifth fairway and not in Routh’s line of sight when the agent “engaged” the suspect, said Ronald Rowe, acting director of the Secret Service. In 2002, court records show, Routh was convicted of illegally possessing a machine gun. Court records for a person named Ryan Routh also show a 2003 divorce, along with multiple civil judgments after contractors and individuals sued a roofing company he helped run. Routh disparaged Trump as a “fool” and a “buffoon,” but he credited him for reaching out to North Korean leader Kim Jong Un.
Persons: Donald Trump, Ryan Wesley Routh, rousted, Trump, Sheriff’s, Routh, , Ronald Rowe, Paul G, Martin, Martin County Sheriff William Snyder, Ryan Routh, Valentyn Ogirenko, unruffled, , ” Routh, Thomas Matthew Crooks, Kim Mungo, Mungo, Sen, Bernie Sanders, Joe Biden, Sleepy Joe, Routh bristled, Kim Jong Un, Biden “ Organizations: Service, Rogers Federal Court House, FBI, Trump, Sheriff’s, Martin County Sheriff, NBC News, Reuters, Global Citizen, Golf Club, Nissan, Twitter, Democratic, Commission, Democrat, Republican, NBC, Newsweek Romania, International Legion, Defense, Russia Locations: Ukraine, Palm Beach , Florida, West Palm Beach, Martin, Martin County, Mariupol, Hawaii, Iran, Taiwan, Afghanistan, North Korea, U.S, Butler , Pennsylvania, Honolulu, Greensboro , North Carolina, Greensboro, Russia, Kyiv
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Still, though, I wanted to celebrate with friends and family. My family's trip to Namibia in 2019, booked with Namibia Tours and Safaris, cost $5,000, excluding flights. We found our restaurant tucked down a back street behind the Musée du Louvre, basking in the luminous evening light.
Persons: , waterslides, Emma Morrell, Coeur Organizations: Service, Business, Namibia Tours, Tuileries Locations: Africa, Namibia, Paris, France, Saint, Germain, En, Laye, Lights, Montmartre, Jardin, Europe
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This New Zealand home inspired Hawthorne to build a glass house in San Diego and another one in North Carolina. The design for the glass house had been on my mindHawthorne took some inspiration from Phillip Johnson's Glass House in Connecticut. It is somewhat based off Philip Johnson's Glass House, which has been one of my favorite architectural projects of all time. I planted a maple tree on our dock, which has become a destinationThe maple tree is watered by a Wi-Fi-operated irrigation system. We're renting out the glass house, but I dream of growing old thereWe drove the Airstream back to San Diego and came back here full-time in early August.
Persons: , Andrew Hawthorne, Maya, Hawthorne, Andrew Hawthorne I'm, Andrew, Maya Hawthorne, let's, Phillip Johnson's, Philip Johnson's, Gaston, That's, I'm, I'd, it's, Lake Gaston, It's, We've, Andrew Hawthorne . Organizations: Service, Business, San, Lake Gaston, YouTube Locations: North Carolina, New Zealand, Hawke's, Zealand, San Diego, Park City , Utah, Lake Gaston, Raleigh, Connecticut, Zillow, Lake, NICU
This month, he'll start building a long-short equity division called Longaeva Partners inside Balyasny and exclusively managing the multistrategy hedge fund's capital, according to people familiar with the matter. "He was very coachable and progressed at a much faster rate than a lot of other, newer portfolio managers," Boyle said. "Peter was good at keeping his emotions out of his portfolio," Boyle said. At Balyasny, Goodwin will effectively have his own unit, though he'll be under the flagship Atlas Enhanced umbrella and operate on BAM's platform, including access to its technology, risk management, hiring, and human resources capabilities. The allure of such a setup is more time to spend on investing, which Longaeva will do exclusively with Balyasny money for now.
Persons: , Peter Goodwin, Dmitry Balyasny's, Jeff Runnfeldt, Gustav Rydbeck, Goodwin, he'll, it's, they've, Point72, Point72 Goodwin, Peter, Korn, Scott Goodwin, Shaw, Perry Boyle, Boyle, delegating, he's Organizations: Service, Management, Business, Longaeva Partners, Millennium Management, Korn Ferry, JPMorgan, Lehman Brothers, Ziff Capital Locations: D.E
Trump was whisked away to safety, unharmed, while the gunman, who officials believe remained near the tree-line perimeter of the golf course for 12 hours, fled the scene by car. Phone records from T-Mobile that indicated Routh’s phone was “in the vicinity of the golf course” for roughly 12 hours before he was first spotted by US Secret Service, according to charging documents. It’s still not clear why Routh went to the golf course that day. But Secret Service knew immediately it was bullets, and they grabbed me, and I think probably the other one, Steve is one of the people. One patrol deputy saw the suspect vehicle at about mile marker 110 and alerted others, following it but not trying to immediately stop the vehicle, Snyder said.
Persons: Donald Trump, Trump, , Ryan Wesley Routh, Jeffrey Veltri, Routh, It’s, Ronald Rowe, teed, Steve Witkoff, – Trump, Sean Hannity, CNN Trump, ” Trump, Hannity, ” Rowe, Ric Bradshaw, Rowe, Steve, , , let’s, , Veltri, Martin County Sheriff William Snyder, Snyder, ” Snyder, ” Routh, CNN’s Erin Burnett, CNN’s Kristen Holmes, Evan Perez, Holmes Lybrand, Michael Williams, Devan Cole, Eric Levinson, Andy Rose Organizations: CNN, Trump International Golf Club, Trump, Service, US Secret, FBI Miami Field Office, Secret, ” Authorities, West Palm Beach, Fox News, Secret Service, Nissan, Sheriff’s, Martin County Sheriff, Ford, Palm, FBI Locations: West Palm Beach , Florida, , West Palm, Mar, Beach, , Martin County, Martin, Palm Beach
Pedestrians walk past a downed tree as they struggle with their umbrellas in strong winds and rain from the passage of Typhoon Bebinca in Shanghai on Sept. 16, 2024. The strongest storm to hit Shanghai in over 70 years made landfall on September 16, state media reported, with flights cancelled and highways closed as Typhoon Bebinca lashed the city with strong winds and torrential rains. Typhoon Bebinca made landfall in Shanghai on Monday morning as a Category 1 storm, the most powerful tropical cyclone to directly hit the Chinese financial hub in more than seven decades. Packing top wind speeds of 151 kph (94 mph) near its eye, Bebinca landed in the city of nearly 25 million around 7:30 a.m. (2330 GMT), state media reported, the strongest storm to strike Shanghai since Typhoon Gloria in 1949. Shanghai is rarely subject to direct hits from strong typhoons that generally make landfall further south in China.
Persons: Bebinca, Typhoon Gloria Organizations: Shanghai, Typhoon Locations: Shanghai, China, Hainan
At approximately 2:14 PM, MCSO initiated a motor vehicle stop. Shortly after the motor vehicle stop, ROUTH was asked if he knew why he was being stopped; he responded in the affirmative. Database checks indicate that a mobile phone assigned call number 1-***-***-8342 is serviced by T-Mobile US, Inc. ("T-Mobile") and that ROUTH is the subscriber. Agents requested T-Mobile, on an emergency basis, to provide law enforcement with information pertaining to ROUTH's mobile phone usage. A review of law enforcement indices reflected that, on or about December 20, 2002, ROUTH was convicted in Greensboro, North Carolina, of possession of a weapon of mass death 3
Persons: MCSO, ROUTH Organizations: Martin County Sheriff's, Nissan, Officers, Ford, Trump, Mobile, Inc Locations: Beach, Martin County, Greensboro , North Carolina
After being shot at by the Secret Service, the suspect fled the scene. The man, who was spotted on a building rooftop about 147 yards away from the podium, was killed by a Secret Service sniper. "Look, all outdoor events are nightmares," Jeffrey James, a former Secret Service agent, told BI. James was a special agent for the Secret Service for 22 years, serving during the Clinton, Bush, Obama, and Trump administrations. In an interview, he told BI that a golf course, one of Trump's oft-visited settings, presents unique challenges for the Secret Service.
Persons: , Donald Trump, Ric Bradshaw, Joe Raedle, Kenneth Gray, Trump, Jeffrey James, sightlines, James, Clinton, Bush, Obama, he's, Matthew Shoemaker, It's Organizations: Service, Secret Service, AK, Trump International Golf Club, Business, Trump International Golf, BI, FBI, Biden Administration, Trump, Defense Intelligence Agency, James, Trump Golf Club, West Palm, Google Locations: West Palm Beach , Florida, Palm Beach, Beach, Butler , Pennsylvania
Crews battling three major California fires could get some relief from record heat and help from the weather as a cooldown preceded minor containment for the blazes. Hot, flame-fanning winds from the desert are dissipating, and the cooler temps may help firefighters give the blaze their best. Firefighters cut and extinguish a fire in a tree as the Bridge Fire burns in the Big Pines hills near Wrightwood, Calif., on Thursday. He also said mutual aid from Washington, Utah, and North Dakota, including firefighters, were sent to Southern California. The weather outlook should give firefighters the weekend and beyond to battle the three fires without unforgiving temperatures.
Persons: Crews, Craig Covey, ” Covey, Etienne Laurent, Anthony Marrone, Kristian Litz, Litz, Jeremy Pierce, Pierce, Justin Wayne Halstenberg, San Bernardino, Fabian Herrera, Gavin Newsom Organizations: California Department of Forestry, Rancho Santa Margarita, Orange County Sheriff's Department . Authorities, AFP, Getty, Angeles County Fire, The California Department of Forestry, Fire Protection, Firefighters, National Guard, National Weather Service Locations: California, Trabuco, Los Angeles, Rancho Santa, Orange, Riverside County, San Bernardino, San Gabriel, Nowhere, Big Pines, Wrightwood, Calif, Angeles, Mount Baldy, Big, San Bernardino County, Highland, San, Washington , Utah, North Dakota, Southern California, San Diego, Los Angeles County
AdvertisementBut Americans are not a monolith, as Jefferies consumer strategist Carey Kaufman pointed out in a note to clients Tuesday. Heading into the autumn, a considerable number of those in the bottom quintile appear to be running on borrowed time. Dollar Tree, which owns Family Dollar, reported similar consumer headwinds during its quarterly earnings this month. "What we noticed was an even tighter core consumer at the very last week of each of the months in Q2," he said. "While that's always a tighter week of the month for our core consumer, it was by far the weakest."
Persons: , Carey Kaufman, Ted Vasos, Vasos, David Bellinger, Ryan Grimsland, Will Stengel, Ally, Russell Hutchinson, paychecks aren't, that's, Bellinger Organizations: Service, Walmart, Costco, Business, Jefferies, Goldman, Global Retailing, Mizuho, Reuters, Federal Reserve Locations: U.S
After racing across Russian fields in an American Stryker armored fighting vehicle this month, the six-man Ukrainian assault team dismounted in a tree line about 700 yards from the enemy’s trenches and waited for the order to attack. When it came, Afonya, a 40-year-old construction worker drafted into the Ukrainian military just two months ago, said the Ukrainian soldiers were met with a hail of gunfire as soon as they moved from their hastily dug foxholes. He was hit in the hand by a bullet that shattered a bone. Three members of the assault team were injured and pulled back while the other three waited for reinforcements to resume the attack in the Kursk region of Russia. “There were too many of them,” Afonya said in an interview at a hospital in eastern Ukraine, where he was recovering after being evacuated.
Persons: ” Afonya Locations: American, Kursk, Russia, Ukraine
CNN —At least eight people have died after some of the heaviest rain in years hit central and eastern Europe, causing flooding and widespread disruption. Rescuers have been working hard to rescue hundreds of people left stranded by heavy rainfall there. Garages and a house flooded in the town of Kłodzko, in Poland's southwest, Sunday, Sept. 15, 2024, after days of unusually heavy rain. Krzysztof Zatycki/APRising water along the Wien River during heavy rain on September 15, 2024, in Vienna, Austria. Many municipalities in Lower Austria have declared a state of emergency as heavy rainfall continued into Sunday.
Persons: Boris, Prudnicka, Cătălin Predoiu, Predoiu, Sofia Basalic, , Gica Stan, Storm Boris, Krzysztof Zatycki, Christian Bruna, Donald Tusk, Tusk, Petr Pavel, Vlček, Miroslav Binar, Gabriel Kuchta, Tomas Benedikovic, Sergei Gapon, Ursula von der Leyen Organizations: CNN, Residents, AFP, Storm, Poland’s, , European Union, CNN Prima, Fire, Getty, European Commission Locations: Europe, Vienna, Bratislava, Prague, Poland, Germany, Czech Republic, Austria, Slovakia, Klodzko county, Moszczanka, Romania, Galati, Kłodzko, Poland's, Sunday, Wien, Klodzko, Klodzko County, Czech, , Krnov, Jesenik, AFP, Glucholazy, Benešově nad Černou, Saxony, Lower Austria
CNN —The American-Turkish activist Ayşenur Ezgi Eygi, who was killed by Israeli gunfire in the West Bank last week, has been buried in her family’s hometown in southwestern Turkey. Eygi, who was born in Turkey and had joint US citizenship, was shot by Israeli forces while taking part in a weekly protest against an Israeli settlement near the Palestinian village of Beita. A guard of honour carries the Turkish flag-draped coffin of Aysenur Ezgi Eygi during her funeral ceremony in Didim. Dilara Senkaya/ReutersThe ISM has criticized Biden for refusing Eygi’s family’s demands for an independent and transparent investigation into her death. Her presence in our lives was taken needlessly, unlawfully, and violently by the Israeli military,” they said in a statement.
Persons: Ayşenur Ezgi Eygi, Rachel Corrie, Eygi, , Joe Biden, Numan Kurtulmuş, , Biden, Ezgi, Dilara Senkaya, Eygi’s, Juliette Majid, Aysenur Organizations: CNN, West Bank, University of Washington, International Solidarity Movement, Israel Defense Forces, National Assembly Locations: Turkey, Turkish, Didim, Beita, Gaza
CNN —When Joan Chelimo first met Rebecca Cheptegei, she remembers her fellow distance runner simply as a “normal, happy girl,” delighted to be competing at the Olympics. The pair had started talking after competing in the women’s marathon in Paris last month, Chelimo representing Romania and Cheptegei running for Uganda. On Friday, a day before Cheptegei’s funeral in eastern Uganda, Tirop’s Angels hosted a femicide walk in the Kenyan city of Eldoret. There have been plenty of challenges along the way for those involved in Tirop’s Angels, particularly in the early days. “The first time we started Tirop’s Angels, we had a lot of rejection,” says Chelimo.
Persons: Joan Chelimo, Rebecca Cheptegei, , , Chelimo, ” Weeks, Cheptegei, Dickson Ndiema, jerry, Ndiema, I’ve, It’s, ” Chelimo, Mattia Ozbot, ‘ I’m, , Agnes Tirop, Ibrahim Rotich, Rotich, Dylan Martinez, , Andrew Kasuku, Mutua, Agnes, Joseph, , ” –, “ I’m Organizations: CNN, Olympics, CNN Sport, Ndiema, Athletics, Tirop’s Angels, Kenyan, Reuters, , Investigations Locations: Paris, Chelimo, Romania, Uganda, Kenya, Trans Nzoia, Rome, Africa, Budapest, Kenyan, Eldoret, Angels, Angola
Retail giant Walmart is among this week's most overbought stocks, with an 14-day RSI reading of 81.7. The average price target on the Oakland, California-based stock is nearly 10% below the stock's current price, suggesting a pullback may lie ahead. Analysts estimate Halliburton and APA might rally nearly 60% each, while Occidental's price target is 38% above its current level. The average price target on the Oakland, California-based stock is nearly 10% below the stock's current price, suggesting a pullback may lie ahead. Analysts estimate Halliburton and APA might rally nearly 60% each, while Occidental's price target is 38% above its current level.
Persons: Clorox, Johnson, Let's, Gabby Jones, Cooper Organizations: Nasdaq, Dow Jones, CNBC Pro, Retail, Walmart, Consumer, Johnson, Energy, Halliburton, APA, . Occidental Petroleum, Occidental Petroleum, Pharmaceutical, Moderna, JPMorgan, Bloomberg, Getty, UDR UDR, Inc, Oracle Corp, CNBC, HAL Halliburton, APA APA Corp, Occidental Petroleum Corp, Walgreens, Body Locations: Arkansas, Oakland , California, Secaucus , New Jersey
A grueling manhunt for the suspect wanted in a highway shooting spree stretched into its fifth day as authorities said they believe he retreated deep into a forested swath of southeastern Kentucky with no indication he has fled elsewhere. “There’s so many people that have eyes on this investigation around the world that now we should have gotten a pretty good tip that he exited the woods,” Pennington told reporters 72 hours into the operation. Amid the search, authorities went to his home in Woodbine, about 23 miles from the shooting site, to collect evidence. The search by foot remains daunting, Pennington said, as temperatures have stayed above 80 degrees during the day. “I hope he doesn’t have water, and I hope he doesn’t have food," Pennington said at a news conference Tuesday.
Persons: Joseph A ., Couch, Scottie Pennington, , , “ I’m, ” Couch, Gilbert Acciardo, ” Acciardo, Daniel Boone, ” Pennington, London Mayor Randall Weddle, Pennington Organizations: Army, Kentucky State Police, Toyota, . Forest Service, Daniel Boone National, Target Firearms, NBC, Army Reserve, London Mayor, NBC News Locations: Kentucky, Laurel County, London, Laurel, Daniel Boone National Forest, Woodbine
Taking a high dose of ADHD drugs is linked to more than five times greater risk of developing psychosis or mania, according to a new study published Thursday in the American Journal of Psychiatry. The research is among the first to find a relationship between escalating doses of the drugs — amphetamines, in particular — and a greater likelihood of psychotic symptoms. The drugs include Adderall, Vyvanse and generic amphetamines, such as dextroamphetamine. The medium dosage — 20 mg to 40 mg of Adderall, 50 mg to 100 mg of Vyvanse or 15 mg to 30 mg of dextroamphetamine — was linked to a 3.5 times higher risk. There was no increased risk of psychosis with another ADHD drug, Ritalin, which isn’t an amphetamine.
Persons: it’s, , Jacob Ballon, hadn’t, Will Cronenwett, ” Cronenwett, Vyvanse, Takeda, Lauren Moran, Brigham, , ” Moran, Moran, Cronenwett, ” Ballon, they’re Organizations: American, of Psychiatry, Stanford Medicine, Northwestern Medicine, Psychiatry, NBC News, Takeda Pharmaceuticals, . Food, Drug Administration, FDA, Pharmaceuticals, McLean Hospital, Mass Locations: United States, U.S, Boston
This tapestry hangs in the Cloisters, the Upper Manhattan branch of the Metropolitan Museum of Art. The Metropolitan Museum of ArtBut what are they? The Metropolitan Museum of Art“The unicorn is more of a symbol of that one person that you look for throughout your life,” she said. “All images, be they medieval tapestries or contemporary paintings or photos in the news, communicate best over duration,” Ms. Perratore said. The Metropolitan Museum of ArtUltimately, this exercise was only sort of about the unicorn or medieval art — or art at all.
Persons: You’ll, Karsten Moran, The New York Times It’s, John D, Rockefeller, Julia Perratore, … Karsten Moran, The New York Times …, Christ, Ms, Perratore, , he’s, you’ve, There’s, Virgin Mary Organizations: Metropolitan Museum of Art, The New York Times, Rockefeller Jr, The New York Locations: Upper Manhattan, Paris, Brussels
As fires intensify in the western United States, utility companies are on the front lines, working to protect the power lines that serve millions of customers. And as the frequency of fires and severe storms increases, so does the amount of technology that utility companies use to keep things running. National Grid, which services customers in much of the northeast, is both a client of and investor in AIDash through its venture capital arm, National Grid Partners. In addition to National Grid Partners, AIDash is backed by Duke Energy , Edison International, Shell Ventures, Lightrock and SE Ventures. As part of the green transition, and as more industries make the switch to all-electric power, grid capacity and reliability will become even more vital.
Persons: Abhishek Singh, AIDash, Singh, Andre Turenne, Turenne, Lisa Rizzolo Organizations: CNBC, Grid, National Grid Partners, AIDash, Duke Energy, Edison International, Shell Ventures, Ventures, National Grid Locations: United States, U.S, California, AIDash, United Kingdom, New York, Massachusetts
The El Niño of 252 million years ago would have originated in the Panthalassic Ocean, a body of water much larger than today’s Pacific that could hold more heat, which in turn would have strengthened and sustained El Niño effects. The planet had experienced similar episodes earlier but they hadn’t triggered a mass extinction. A prolonged and intense El Niño also explained why extinctions had begun on land before they occurred in the ocean, the study said. This data showed how temperature rose at different latitudes as the mass extinction unfolded. El Niño events today are known to cause coral bleaching and mass mortality of fish, the study noted, but the ecological impact and future trajectory of El Niño events in a warming climate are unknown.
Persons: , Paul Wignall, David Bond, Paul Wignall El, Alex Farnsworth, El, ” Wignall, Niño, , Yadong Sun, Niños, Wignall, Farnsworth, Alfio Alessandro Chiarenza, Chiarenza, wasn’t Organizations: CNN, University of Leeds, El, University of Hull, UK’s University of Bristol, China University of Geosciences, University of Bristol, Royal Society Newton International, University College London’s, supervolcanoes Locations: what’s, Russia, United Kingdom, Ellesmere, El, Pacific, Wuhan
Read previewA Neom executive reportedly complained about having an emergency meeting on a Sunday evening following the deaths of three employees working on Saudi Arabia's megaproject estimated to cost between $500 billion and $1.5 trillion, according to a bombshell Wall Street Journal report. Wayne Borg, a former Fox Corp executive, reportedly described Neom's blue-collar workers from the Indian subcontinent as "f—ing morons" and said "that is why white people are at the top of the pecking order." This story is available exclusively to Business Insider subscribers. Citing current and former Neom employees, the Journal reported that three workers were killed by a falling pipe, a collapsing wall, and mishandled explosives. Neom told the Journal it has a zero-tolerance policy toward inappropriate workplace behavior.
Persons: , Wayne Borg, we've, Borg, Prince Mohammed bin Salman's, Neom Organizations: Service, Saudi, Fox Corp, Business, Journal, BBC, Neom Locations: Saudi Arabia, Saudi
Still, morale may be Ukraine’s only hope in Pokrovsk as Russian forces zero in on the town. Russian forces are only 8 kilometers (5 miles) away, according to a map dated September 10 from DeepState, a group that monitors the progress of Russian forces in Ukraine that has links to Ukraine’s security services. Pokrovsk is coming under increasingly heavy bombardment by Russian forces as they advance as close as 8km to the town. CNNPokrovsk is a vital supply town for eastern Ukrainian forces fighting back the tides of Russian soldiers. It could result in a withdrawal of Ukrainian forces from Chasiv Yar and the line of contact moving closer to the much larger cities of Kramatorsk and Sloviansk.
Persons: Vitaly, Vitaly mumbles, , , He’s, Vladimir Putin’s, he’d, Oleksandr, ” Oleksandr, they’d, CNN Pokrovsk, Putin, Chasiv Yar Organizations: CNN, 59th Brigade, Ukrainian Armed Forces, Infantry, Convicts Locations: Ukraine, Pokrovsk, Russian, Kursk, DeepState, Donetsk, Kramatorsk
WASHINGTON — Despite mounting opposition from his own party, Speaker Mike Johnson, R-La., vowed Tuesday to stay the course and put his government funding package on the House floor on Wednesday. His initial strategy to avert a government shutdown at the end of the month is expected to fail and deal House Republicans an embarrassing blow. Due to their paper-thin majority, Republicans can afford only a handful of GOP defections on the vote, and many more than that have publicly voiced their opposition. “I am in this to win this,” Johnson told reporters at his weekly news conference. Afterward, the speaker added: “We are going to put the SAVE Act and the CR together, and we’re going to move that through the process.
Persons: Mike Johnson, Donald Trump, Johnson, , ” Johnson, , Jim Banks, Cory Mills, Matt Rosendale, Montana —, Mills, Dan Meuser, ” Meuser, “ Shutdowns, Sen, Thom Tillis, Bill Cassidy, “ I’m, ” Cassidy Organizations: SAVE, Democratic, White, GOP, Republicans Locations: WASHINGTON, Jim Banks of Indiana, Florida, Montana, Mexico
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