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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
House votes to oust Rep. Kevin McCarthy as speaker
  + 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 EmailHouse votes to oust Rep. Kevin McCarthy as speakerCNBC's Emily Wilkins joins 'Closing Bell Overtime' with news that Rep. Kevin McCarthy was ousted as speaker of the house.
Persons: Kevin McCarthy, Emily Wilkins
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKevin McCarthy faces leadership threat from members of his own partyCNBC's Emily Wilkins joins 'The Exchange' to discuss how a government shutdown over the weekend was averted, Hardline Republicans' threats to Representative McCarthy's speakership position, and more
Persons: Kevin McCarthy, Emily Wilkins, McCarthy's
House prepares to vote on short-term spending plan
  + stars: | 2023-09-29 | 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 prepares to vote on short-term spending planCNBC's Emily Wilkins joins 'The Exchange' to report on the latest from Capitol Hill.
Persons: Emily Wilkins Organizations: Capitol
The meeting is the third time that Banking Committee Chair Sherrod Brown , D-Ohio, will hold an oversight hearing with the heads of the nation's biggest banks. Eight CEOs of the largest U.S. banks will face questioning at a Senate Banking Committee hearing in December, according to an announcement obtained by CNBC . "Part of that commitment is to hear directly from the biggest banks that hold too much power in the economy," he said. Brown and other Banking Committee members have ramped up oversight efforts in 2023, particularly regarding three banks that failed earlier in the year, Silicon Valley Bank, Signature Bank and First Republic. The failure of First Republic in May was the biggest bank failure in the United States since the 2008 financial crisis.
Persons: Sherrod Brown, Janet Yellen, Powell, Brown, Chuck Schumer Organizations: Federal, Banking, Housing, Urban Affairs, CNBC, Silicon Valley Bank, Signature Bank, First, Republic, JPMorgan, Federal Deposit Insurance Corp Locations: Hart, Washington , DC, Ohio, First Republic, United States
Republican spending plan fails House vote
  + stars: | 2023-09-29 | 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 EmailRepublican spending plan fails House voteCNBC's Emily Wilkins joins 'The Exchange' to report on the increased likelihood of a government shutdown after House GOP leaders failed to pass a short-term spending bill.
Persons: Emily Wilkins Organizations: Republican, GOP
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse Speaker McCarthy: President can help us take action and secure our bordersCNBC's Emily Wilkins joins 'The Exchange' to discuss a major division between Republicans and Democrats over a government spending plan, the republican push for border security, and the Senate's effort to avert a government shutdown.
Persons: McCarthy, Emily Wilkins Organizations: Email, Republicans, Democrats
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse to vote on four major spending bills as a Saturday shutdown looms aheadCNBC's Emily Wilkins joins 'The Exchange' to discuss the House of Representatives' short-term spending bill efforts, funding security on the southern border, and the Senate's effort to create a bipartisan budget bill.
Persons: Emily Wilkins Organizations: Representatives
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGovernment shutdown looms as deadline to avert crisis nearsCNBC’s Emily Wilkins joins ‘The Exchange’ to report on the latest from Capitol Hill.
Persons: Emily Wilkins Organizations: Government, Capitol
House set to adjourn as possible government shutdown looms
  + stars: | 2023-09-21 | 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 set to adjourn as possible government shutdown loomsCNBC’s Emily Wilkins joins ‘Power Lunch’ to report on the current state of the U.S. House of Representatives.
Persons: Emily Wilkins Organizations: U.S . House
House fails to move forward on 2024 Defense Spending Bill
  + stars: | 2023-09-19 | 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 EmailHouse fails to move forward on 2024 Defense Spending BillCNBC's Emily Wilkins joins 'Closing Bell' to report on the failed defense spending bill in the House.
Persons: Bill CNBC's Emily Wilkins Organizations: Email
Proctor is one of millions of families that have had help paying for child care thanks to $24 billion in pandemic-era funding Congress passed in 2021. Without the scholarship, I don't think he will be in day care. While most business affected by the pandemic have bounced back, child care hasn't. An estimated 65,000 child care jobs have been lost between February 2020 and August 2023, according to the Bureau of Labor Statistics. The Century Foundation estimates 70,000 day care centers will close without the funding, leading to a subsequent $10.6 billion in lost tax and business revenue.
Persons: — It's, Ashleigh Proctor, Ahmad, who's, Proctor, she's, that's, hasn't Organizations: Greenway Learning, Century Foundation, CNBC, Bureau of Labor Statistics, Century Locations: Md, U.S
WASHINGTON — Sen. Elizabeth Warren is sounding alarm bells about the future of regional banks in a new letter Thursday to Treasury Secretary Janet Yellen and a top advisory group for bank regulators. In the letter to Yellen, obtained exclusively by CNBC, Warren addresses the secretary in her capacity as chair of the Financial Stability Oversight Council, and asks her and the council to investigate several looming threats to banks. "I urge you to take strong action to address the alarming fallout from high interest rates and protect the safety of our financial system," Warren writes. The request follows an August announcement by Moody's that it was downgrading 10 regional banks, and putting another 17 banks either under review or changing their outlooks from stable to negative. The Massachusetts senator has been an outspoken critic of the increases, warning Federal Reserve Chairman Jay Powell and others that higher interest rates will ultimately hurt working Americans, even if they appear to exert downward pressure on inflation.
Persons: Sen, Elizabeth Warren, Janet Yellen, WASHINGTON — Sen, Yellen, Warren, Jay Powell, Wells Organizations: Banking, Housing, Urban Affairs Committee, WASHINGTON, CNBC, Consumer Financial, Biden White, Biden Locations: Washington, Washington , DC, Massachusetts, Wells Fargo, Warren
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI gets red carpet on Capitol Hill as tech leaders gear up for forumCNBC's Emily Wilkins reports on the latest from the top tech executives' artificial intelligence hearing on Capitol Hill.
Persons: Emily Wilkins Organizations: Capitol
Top tech CEOs discussed the future of AI with senators
  + stars: | 2023-09-13 | 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 EmailTop tech CEOs discussed the future of AI with senatorsCNBC's Eamon Javers and Emily Wilkins join 'Power Lunch' to report on the latest from today's AI regulation meeting on Capitol Hill.
Persons: CNBC's Eamon Javers, Emily Wilkins Organizations: Capitol
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse Speaker Kevin McCarthy endorses impeachment inquiry into President BidenCNBC's Emily Wilkins joins 'Squawk on the Street' to report on GOP members seeking an impeachment inquiry into U.S. President Biden.
Persons: Kevin McCarthy, Biden, Emily Wilkins Organizations: Email
MARSHALL, MICH. – On a gusty morning in a quaint central Michigan town, the sun's glow hits the brightly colored mural on the side of a brick building. About a five-minute drive past an antique store, a book shop and a retro pharmacy is a wide field where construction has begun. Ford ultimately landed in Marshall, a town with just under 7,000 residents. Pros and consYet on the ground in Marshall, where the site is being prepped for construction to begin, the reality is much more complicated. Excitement for the site is paired with concerns about how life in a charming small town could change with the introduction of a major industry.
Persons: MARSHALL, Caryn Drenth, David Miltenberger, Ford, Joe Biden, Chuck Schumer, Derek Allen, Allen, Covid, Marshall Organizations: Marshall Hardware, Marshall, Hawks, Ford Locations: Michigan, Marshall, Serendipity
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEnvironmental concerns from locals mire Ford's latest battery plant in MichiganCNBC's Emily Wilkins joins 'Power Lunch' to discuss the local pushback against a new Ford battery factory in Michigan.
Persons: Emily Wilkins Organizations: Ford Locations: Michigan
WASHINGTON — Democrats on Capitol Hill are forming a new working group on artificial intelligence and prioritizing how to prevent deepfakes from wreaking havoc on personal lives, national security and the upcoming 2024 elections. Rep. Derek Kilmer, D-Wash., will chair the new AI working group in the New Democrat Coalition, a 97-member bloc of House members that typically avoid the spotlight but wield significant influence over policy within the caucus. "There's real concern about the potential for AI generated disinformation, real concern about misuse of advanced AI models," Kilmer told CNBC. Another concerning aspect for many lawmakers is what AI generated images could mean in the world of campaign ads. Ron DeSantis recently used AI in an ad to replicate former president Donald Trump's voice "reading" a post that Trump had written on social media.
Persons: Derek Kilmer, Kilmer, Joe Morelle, Ron DeSantis, Donald Trump's, Trump, Joe Biden, Democratic Minnesota Sen, Amy Klobuchar, Kevin McCarthy Organizations: WASHINGTON, Democrats, Capitol, New Democrat Coalition, House, CNBC, Homeland Security Department, New Dems, Florida Republican Gov, Republican National Committee, Senate, Democratic Minnesota, Dems Locations: Taiwan, China
Fitch cuts U.S credit rating to AA+ from AAA
  + stars: | 2023-08-02 | 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 EmailFitch cuts U.S credit rating to AA+ from AAACNBC's Emily Wilkins joins ‘Squawk on the Street’ to report on the latest on Fitch downgrading U.S. long-term rating to AA+ from AAA.
Persons: Fitch, Emily Wilkins, ‘ Squawk Organizations: AAA, Fitch
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJanet Yellen: I strongly disagree with Fitch downgrading U.S. credit ratingCNBC's Emily Wilkins reports on the latest comments from U.S. Treasury Secretary Janet Yellen.
Persons: Janet Yellen, Fitch, Emily Wilkins Organizations: Treasury Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSenate approves expedited chip permitting process in an annual defense billCNBC's Emily Wilkins joins 'The Exchange' to discuss Congressional allocation towards chipmakers, hurdles for the Senate defense policy consensus with the House, and more.
Persons: Emily Wilkins
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailScale AI CEO: Military implementations of A.I. are going to be importantCNBC's Emily Wilkins joins 'Power Lunch' to report on Scale AI CEO Alexander Wang's AI hearing with Congress.
Persons: Emily Wilkins, Alexander Wang's
WASHINGTON – As Republicans in the House dig in to investigate environmental, social and governance, or ESG, investing, a major industry group that represents thousands of companies is urging them to make reforms. The letter is addressed to committee Chairman Rep. Patrick McHenry, R-N.C., and ranking member Rep. Maxine Waters, D-Calif. The letter underscores the business muscle behind the GOP's battle against policies that back ESG investing. ESG investing has become a heated policy battleground. Progressive Democratic lawmakers have pushed back, arguing that considering ESG makes investors more aware of potential risks and opportunities.
Persons: Patrick McHenry, Maxine Waters, David Marcus, Facebook’s Calibra, McHenry, ESG Organizations: Financial, Consumers, Investors, American, WASHINGTON –, National Association of Manufacturers, Financial Services Committee, SEC, CNBC, NAM, Johnson, Exxon Mobil, Pfizer, Progressive Democratic Locations: Washington , U.S, R
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