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☆ US Senate panel invites PGA Tour commissioner, LIV CEO to testify on merger
▼ + stars: | 2023-06-21 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

REUTERS/Nick Lachance/File PhotoWASHINGTON, June 21 (Reuters) - A U.S. Senate panel on Wednesday invited PGA Tour Commissioner Jay Monahan, Saudi Arabia's Public Investment Fund Governor Yasir al-Rumayyan and LIV Golf CEO Greg Norman to testify at a July 11 hearing. The Justice department has been investigating the PGA Tour for trying to keep its players from defecting to LIV. The PGA Tour, DP World Tour and rival Saudi-backed LIV circuit, which had been involved in a bitter fight that split the sport, announced an agreement to merge and form one unified commercial entity. The LIV Golf series is bankrolled by the Saudi Arabia Public Investment Fund (PIV). The PGA Tour and LIV did not immediately respond to requests for comment on Wednesday.

Persons: LIV, Nick Lachance, Jay Monahan, Yasir al, Greg Norman, Richard Blumenthal, Ron Johnson, Blumenthal, Elizabeth Warren, Ron Wyden, LIV Golf, Critics, Jamal Khashoggi, David Shepardson, Mark Porter, Bill Berkrot Organizations: Canadian, PGA Tour, Oakdale, Country Club, REUTERS, WASHINGTON, U.S, Senate, Wednesday, Saudi, Public Investment, Investigations, PGA, Saudi Public Investment Fund, Justice Department, Saudi Arabia Public Investment Fund, Washington Post, Thomson Locations: Saudi, Toronto , Ontario, Canada, Saudi Arabian

☆ See How the G.O.P. Has Reacted to the Trump Indictment
▼ + stars: | 2023-06-16 | by ( Karen Yourish | Charlie Smart | ) www.nytimes.com time to read: +10 min

Less conservative HOUSE MORE conservative Kevin Calvert Calif. 41st George Santos N.Y. 3rd Less conservative SENATE MORE conservative Roger Wicker Miss. Less conservative HOUSE MORE conservative Kevin Calvert Calif. 41st George Santos N.Y. 3rd Less conservative SENATE MORE conservative Roger Wicker Miss. Less conservative HOUSE MORE conservative Paul Gosar Ariz. 9th Less conservative SENATE MORE conservative Josh Hawley Mo. Less conservative HOUSE MORE conservative Paul Gosar Ariz. 9th Less conservative SENATE MORE conservative Josh Hawley Mo. SEN. HOUSE MORE conservative Less conservative HOUSE MORE conservative Less conservative SENATE MORE conservative Less conservative HOUSE MORE conservative Less conservative SENATE MORE conservative Less conservative HOUSE MORE conservative Less conservative SENATE MORE conservative SEN. HOUSE MORE conservative According to an analysis by The New York Times, a small number of Republicans have made statements about the indictment that did not immediately dismiss the investigation.

Persons: Donald J, Biden, Trump, Brian Fitzpatrick Pa, Ken Buck Colo, Romney, Romney Utah SEN, Doug LaMalfa Calif, Mike Kelly Pa, Ted Budd N.C, Kevin Calvert Calif, George Santos N.Y, Roger Wicker Miss, SEN, Lauren Boebert Colo, Tom Emmer Minn, Ted Cruz Texas, Ted Cruz Texas SEN, HOUSE Lauren Boebert Colo, Byron Donalds, Eli Crane Ariz ., Ron Johnson Wis, HOUSE, HOUSE Byron Donalds, Paul Gosar Ariz, Josh Hawley Mo, “, ”, Don Bacon of Nebraska, Hillary Clinton, Joe Biden, Kevin McCarthy, —, Daniel Webster, Donald Trump, Steve Scalise, Diana Harshbarger, Mike Lee, Jack Smith, General Merrick Garland, Garland, Biden’s, Hunter, Trump’s Organizations: Senate, MORE, SEN, HOUSE Byron, The New York Times, ”, Justice Department, Biden’s Department of Justice, DOJ, Twitter, The, Department, White Locations: United States, Ken Buck Colo ., Romney Utah, Byron Donalds Fla, SEN, HOUSE Byron Donalds Fla, Florida, Tennessee, Venezuela, Bolivia, Nicaragua, America, Utah

☆ 'Trump can't win': Koch network releases ads targeting ex-president
▼ + stars: | 2023-06-12 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

The political network financed largely by billionaire Charles Koch is launching a wave of digital ads targeting former President Donald Trump. The ads argue that if Trump becomes the Republican nominee next year, it will lead to President Joe Biden winning reelection. One of the spots, titled "Only Way," has a voiceover saying, "The only way Biden wins is if we nominate Trump again." All of the Koch digital ads cite public polling that say how key voters don't want Trump to be president again. The ads are also targeting voters at a tumultuous moment for Trump.

Persons: Charles Koch, Donald Trump, Trump, Joe Biden, Koch, they've, Strong, Biden, Herschel Walker, Sen, Ron Johnson, Mehmet Oz, Bill Riggs, Riggs, Emily Seidel, Ron DeSantis Organizations: Republican, Prosperity, Koch Industries, of Commerce, CNBC, Trump, Biden, GOP, White, Senate, Commission, PAC, Georgia Republican Senate, Pennsylvania Republican, NBC, Florida Gov Locations: China, Georgia, Iowa, South Carolina , New Hampshire, Nevada, Washington

☆ Tim Scott's biggest financial backer is Larry Ellison, a tech billionaire who owns the sixth-largest island in Hawaii and has poured $35 million into the senator's super PAC
▼ + stars: | 2023-05-22 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Ellison has pumped $35 million into Scott's super PAC, and could legally give him millions more. On Monday, Ellison attended Scott's campaign launch in North Charleston, where Scott described him as one of his mentors. Trump's political operation includes the "MAGA, Inc" super PAC, while Florida Gov. Ron DeSantis has enjoyed the support of the "Never Back Down" super PAC. Scott's campaign isn't the first time a Republican presidential candidate has heavily relied on a single megadonor.

☆ Ron Johnson insists he won't pocket $8.4 million from donors. But thanks to Ted Cruz, he could legally do exactly that.
▼ + stars: | 2023-05-17 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +8 min

That's due to a Supreme Court case won last year by Ted Cruz, who defended Johnson repaying himself. In October quarterly filings, Johnson's campaign declared that it was reinstating $8.4 million in loans, citing Ted Cruz vs. FEC. Furthermore, the door is now open for other self-funding candidates to demand payback of campaign loans that they had previously forgiven. And prior to Johnson telling Insider that he wouldn't seek a loan repayment, Cruz vociferously defended the hypothetical repayment. "It is perfectly reasonable that Ron Johnson, after 10 years of making an interest-free loan to the American people, can pay back his own money," Cruz added.

The US could breach the debt ceiling and run out of money to pay its debts as soon as June 1. A White House official previously told Insider that Biden would stress that Congress "must take action to avoid default without conditions." Additionally, Wall Street's response to the debt-ceiling crisis is different this time around. Even so, he added, this debt-ceiling crisis "seems much more dangerous" than the ones from the Obama years. Biden has options to avoid a debt-ceiling crisis that don't involve CongressTuesday's meeting between Biden and congressional leadership aims to break through the logjam.

☆ Republicans dismiss fears that their debt ceiling bill would make the housing crisis worse for 1 million families as 'scaremongering'
▼ + stars: | 2023-05-07 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

House Republicans' debt ceiling bill would cut significant funding from federal housing services. HUD Secretary Marcia Fudge said the agency would suffer "the most devastating impacts in HUD's history" if the funding cuts in the bill are made law. He went on, "It's being positioned as congressional Republicans are heartless because they want to pass these spending cuts. "The House bill reduces spending to the levels we had in 2022. The last I checked, 2022 was not a horrid apocalypse sweeping across our country," Cruz told Insider on Wednesday.

☆ Kevin McCarthy's bill to raise the debt ceiling squeezes by in the House after a series of contentious last-minute changes to secure enough GOP votes
▼ + stars: | 2023-04-26 | by ( Ayelet Sheffey | Juliana Kaplan | Eliza Relman | ) www.businessinsider.com time to read: +5 min

Under the legislation — which still has a long road to becoming law — the debt ceiling would rise by just $1.5 trillion, or until March 31, 2024, depending on whichever comes first. Democratic senators insisted on Wednesday that the House bill is dead on arrival in the Senate. "I don't think it will have any impact on what happens in the Senate," Sen. Chris Coons, a Delaware Democrat, told Insider of the House bill on Wednesday afternoon. But GOP Sen. Ron Johnson told Insider that he thinks House Republicans "are doing the right thing." That means that both parties need to come to an agreement on an approach to raise the debt ceiling before the country hurdles into a default, expected early this summer.

☆ Clarence Thomas' billionaire benefactor Harlan Crow has also spent thousands boosting Ted Cruz, Marco Rubio, and an anti-Trump super PAC
▼ + stars: | 2023-04-11 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

They include Marco Rubio's 2016 presidential campaign, major Senate campaigns, and an anti-Trump PAC. The Texas billionaire also gave $50,000 in 2015 to "Right to Rise," a super PAC associated with Jeb Bush. Senate super PAC spendingIn addition to being a major super PAC spender at the presidential level, Crow has given thousands to outside spending groups supporting the party's Senate candidates over the years. He also gave $50,000 to "Show Me Values PAC," a super PAC set up to prevent the scandal-plagued former Gov. And in 2016, he gave $55,000 to "Let America Work," a super PAC boosting Sen. Ron Johnson against former Democratic Sen. Russ Feingold.

☆ NBA roundup: Mavs' playoff hopes dashed by Bulls
▼ + stars: | 2023-04-08 | by ( ) www.reuters.com time to read: +9 min

The result ended the Mavericks' hopes of reaching the Western Conference play-in tournament. Chicago, which had already clinched an Eastern Conference play-in spot, played without leading scorers DeMar DeRozan and Zach LaVine as well as Patrick Beverley. Orlando, which was in contention for a play-in spot over the past month following a 5-20 start, played its second game since being eliminated Tuesday. Grizzlies 137, Bucks 114Jaren Jackson Jr. scored 36 points to lead seven Memphis players in double figures as the Grizzlies clinched the No. Pascal Siakam scored 19 points, Precious Achiuwa added 16 points, and Fred VanVleet had 12 points and eight assists.

☆ NBA roundup: Knicks get by Wizards, clinch playoff berth
▼ + stars: | 2023-04-03 | by ( ) www.reuters.com time to read: +10 min

[1/4] Apr 2, 2023; New York, New York, USA; New York Knicks guard Quentin Grimes (6) dribbles against Washington Wizards forward Corey Kispert (24) during the second half at Madison Square Garden. New York led by no fewer than eight and by as many as 20 the rest of the way. Atlanta got 25 points from Dejounte Murray, 18 points and 10 rebounds from John Collins and 14 points and 11 boards from Clint Capela. Dallas also got 22 points, seven rebounds and seven assists from Doncic and 18 points from Wood. The Rockets' starting backcourt of Kevin Porter Jr. and Jalen Green combined for 44 points with Green adding seven assists.

☆ Meet Juan Merchan, the Manhattan judge scheduled to oversee Donald Trump's criminal case
▼ + stars: | 2023-03-31 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

The judge overseeing Donald Trump's criminal case is Juan Merchan. "The Judge 'assigned' to my Witch Hunt Case, a 'Case' that has NEVER BEEN CHARGED BEFORE, HATES ME," Trump said. Trump is scheduled to appear before Merchan in Manhattan court on Tuesday afternoon. In 2009, he was appointed as a trial judge in Manhattan, where he's been since. The top court in the state — the equivalent of the US Supreme Court — is known as the New York Court of Appeals.

☆ Ron DeSantis is facing another ethics complaint — this time accusing him of accepting a $235,000, 3-day retreat to the Four Seasons Palm Beach
▼ + stars: | 2023-03-28 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Democrat Nikki Fried filed an ethics complaint on DeSantis accusing him of "accepting prohibited gifts." The complaint accused DeSantis of going on a $235,000 donor-funded retreat at the Four Seasons Palm Beach. On March 14, Trump's super PAC, MAGA Inc., filed a similar ethics complaint against DeSantis. Ron DeSantis has been hit with another ethics complaint — this time, from Nikki Fried, the Democratic Party chair in Florida. In her tweet, she accused DeSantis of improperly using funds from donors and "accepting prohibited gifts" from the DeSantis-linked political action committee, Friends of Ron DeSantis.

☆ NBA roundup: Nuggets belt Bucks in matchup of titans
▼ + stars: | 2023-03-26 | by ( ) www.reuters.com time to read: +4 min

Antetokounmpo was aggressive from the start, with 13 points in the first quarter and 24 at halftime. But the Bucks went 4:10 without a point in the fourth period as the Nuggets built a 20-point lead. Booker led six Suns scoring at least 13 points. Biyombo also grabbed a game-high 13 rebounds. Tyrese Haliburton added 19 points and 13 assists.

☆ Why Barack Obama, Hillary Clinton, and other major Dems are going all out for a state Supreme Court race in Wisconsin
▼ + stars: | 2023-03-24 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +6 min

Stakes are high in an April Supreme Court election in the battleground state of Wisconsin. Normally, you wouldn't see high-profile figures like former President Barack Obama and former Secretary of State Hillary Clinton weighing in on an upcoming state Supreme Court election. That's nearly double that of the previous record for a state Supreme Court seat. Wikler said the results could affect control of the US Congress, the Supreme Court, the White House in 2024. The state Democratic Party is helping fund Protasiewicz's campaign while other Democratic power players are working to drive interest in the race.

☆ NBA roundup: Spurs overcome 24-point deficit, down Hawks
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +7 min

Dejounte Murray led the Hawks with 22 points in his return to San Antonio after being traded by the Spurs in the offseason. Onyeka Okongwu added 17 points, with Clint Capela racking up 15 points and 12 rebounds. Bam Adebayo supplied 22 points, 10 rebounds, five assists and three blocks for Miami. Tyler Herro had 19 points and six rebounds, Caleb Martin tossed in 13 points and Kevin Love added 12 points and eight rebounds. Fred VanVleet's 23 points led four Raptors scoring at least 18.

☆ A prominent Iowa conservative says evangelicals have not forgotten that Trump blamed the pro-life movement for GOP midterm losses
▼ + stars: | 2023-03-19 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Bob Vander Plaats told the NYT that evangelicals took note of Trump's remarks on the 2022 midterms. Trump will need to secure robust support from social conservatives to win the Iowa caucuses in 2024. "It showed a character thing with Trump that he cast the blame on the pro-life movement," Vander Plaats told the newspaper. "If you're trying to win the Iowa caucuses, I would not put that base under the bus." "For the former president, winning the Iowa caucuses is everything," Vander Plaats told The Times.

☆ Republican senator to Yellen in hearing: 'That's a lie'
▼ + stars: | 2023-03-16 | by ( ) www.reuters.com time to read: +2 min

Senator Bill Cassidy repeatedly told Yellen during a Senate Finance Committee hearing that Biden has not been willing to meet with a bipartisan group of senators to address problems with Social Security. Cassidy replied he wasn't accusing the Treasury secretary of lying and understood she was repeating what she had been told. Later, another Republican senator, Ron Johnson, exhibited impatience with Yellen. Johnson asked Yellen how much the total deficits were over the 10-year period covered in Biden's budget. When Yellen paused to look at some documents, Johnson quipped, "You don't know that off the top of your head?"

☆ NBA roundup: Red-hot Knicks outlast Celtics in double OT
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +10 min

Julius Randle added 31 points and nine rebounds for the Knicks, who also received 29 points and 11 rebounds from RJ Barrett. Jayson Tatum had 40 points, 11 rebounds and six assists for the Celtics, who have lost their last two home games. Bennedict Mathurin scored 17 points, Myles Turner added 16 and Chris Duarte had 15 for Indiana. Kelly Oubre Jr. scored 17 points for Charlotte, which dropped its third straight. Walker Kessler (17 points, 10 rebounds) and Kelly Olynyk (15 points, 10 rebounds) each had double-doubles in the loss.

☆ NBA roundup: Suns win in Kevin Durant's debut
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +7 min

Bucks 139, Magic 117Giannis Antetokounmpo collected 31 points, seven rebounds and six assists to fuel streaking Milwaukee's victory over visiting Orlando. Orlando's Cole Anthony scored a season-high 28 points off the bench and Markelle Fultz recorded 21 points, seven rebounds and five assists. Jalen Williams led Oklahoma City with 24 points and chipped in seven assists, while Josh Giddey added 22 points, 11 assists and nine rebounds. The 76ers, who snapped a two-game skid that included a home loss to the Heat, also got 23 points, seven rebounds and five assists from James Harden. Ja Morant had 20 points, seven rebounds and seven assists for Memphis, which led by as many as 28 and won its third straight.

☆ Republicans stoke 2024 culture wars by attacking Biden's socially conscious investing rule
▼ + stars: | 2023-03-01 | by ( Warren Rojas | ) www.businessinsider.com time to read: +5 min

A brewing fight over socially conscious investing appears to be a preview of 2024 attack lines. The GOP's ongoing battle against environmental, social and corporate governance issues seems to be picking up steam ahead of the next presidential election, with Senate Republicans unanimously opposed to government involvement in personal investments. "If there's some other social goals, that'd be run through government, not through investing," Johnson told Insider between Senate votes. Sen. Steve Daines of Montana, who is running Senate Republicans' reelection arm for the 2024 cycle, declined to comment on whether an anti-ESG plank would be part of that campaign. "Stay focused on investors and shareholders, not on stakeholders," Daines told Insider before being whisked away by the Senate subway.

☆ NBA roundup: Kings spoil Mavs' Luka Doncic-Kyrie Irving debut
▼ + stars: | 2023-02-12 | by ( ) www.reuters.com time to read: +8 min

Kevin Huerter scored all 15 of his points in the second half, Trey Lyles added 14 points and Harrison Barnes had 13 for the Kings. Mikal Bridges scored 23 points in his Nets debut after being obtained from the Phoenix Suns on Thursday for Kevin Durant. The Hornets' losing streak reached seven games despite LaMelo Ball coming within a rebound of a triple-double. Jokic, who pulled in seven offensive rebounds, scored 40 points in a mid-December home victory against the Hornets. DeMar DeRozan followed with 16 points, and Nikola Vucevic notched a double-double of 14 points and 14 rebounds.

☆ Biden doubles down on needling Republicans over proposed Social Security and Medicare cuts: 'I'm your nightmare'
▼ + stars: | 2023-02-09 | by ( Kimberly Leonard | Warren Rojas | ) www.businessinsider.com time to read: +11 min

"I guess I shouldn't say any more," he said, "but particularly on Social Security and Medicare." Rubio, who is in the rumored mix for the 2024 GOP nomination, said anybody who supports slashing Social Security or Medicare is delusional. "You have to listen to what the president said the last couple of years about protecting and fighting for Medicare and Social Security." "I've never ever said I would reduce Medicare or Social Security benefits. As for Social Security, its trust funds are expected to be insolvent by 2035, which would trigger 20% in cuts across the board.

☆ Suns acquire Kevin Durant from Nets, say media reports
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +3 min

The Suns add Durant to an underachieving squad that sits at 30-26, tied for fourth place in the Western Conference. The NBA trade deadline is Thursday. In 39 games this season, Durant is averaging 29.7 points, 6.7 rebounds and 5.3 assists. He averaged 9.5 points and 2.8 rebounds for Brooklyn, well below his career norms of 15.1 points and four rebounds. As he heads to the eighth team in his NBA career, he has averages of 9.6 points and 4.3 rebounds.

☆ Republicans called Biden a 'liar' for saying some of them wanted to sunset Social Security and Medicare. But there are several examples of lawmakers supporting cuts or weakening programs.
▼ + stars: | 2023-02-09 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Speaker Kevin McCarthy has said cuts to Social Security and Medicare are off the table. House Speaker Kevin McCarthy has insisted that cuts to Medicare and Social Security are off the table. But there are several examples of Republicans suggesting cutting or weakening Social Security, Medicare, and Medicaid. "I want to save Social Security," Johnson said, according to local WKOW. It also involved decreasing Social Security benefits over time and for higher-earning retirees, as well as increasing Medicare premiums for some.

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