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☆ What the banking crisis means for your job
▼ + stars: | 2023-03-24 | by ( Alicia Wallace | ) edition.cnn.com time to read: +6 min

The Fed’s latest economic projections, released on Wednesday, were largely in line with those from its last forecast, in December. “We are in a situation with inflation elevated and now a banking crisis on top of that,” Brusuelas told CNN. “I think that the Fed’s going to move toward an above 5% unemployment rate forecast, either in June or by September,” he said. “But the costs of failing are much higher.”A new wild cardThen there’s also the scenario that the Fed could get an assist from an unlikely bedfellow — the banking crisis. I do think the odds of a recession have increased in the wake of this banking sector crisis,” he said.

☆ Texas' GOP leaders are skipping Trump's Waco rally because of 'prior commitments' as possible indictments dog his 2024 campaign
▼ + stars: | 2023-03-23 | by ( Warren Rojas | ) www.businessinsider.com time to read: +5 min

Former President Donald Trump is holding a 2024 campaign rally in Waco, Texas on Saturday. None of the 30 Texas Republicans Insider contacted about the event said they were going. Cheung was also non-committal about whether former Trump rally companions like Rep. Marjorie Taylor Greene of Georgia or failed Arizona gubernatorial candidate Kari Lake would pop up in Texas. Other Texas Republicans who said they'd be unable to huddle with Trump for unspecified reasons include Rep. Michael McCaul, and state GOP chairman Matt Rinaldi. The bigger concern, Meek told Insider, was that the high-profile visit might in any way backfire after the decades the community has spent building back from the Branch Davidian tragedy.

☆ Trump holds first 2024 campaign rally in Waco on the 30th anniversary of the city's deadly cult siege — and urges fans to 'take our nation back' ahead of a possible indictment
▼ + stars: | 2023-03-21 | by ( Warren Rojas | ) www.businessinsider.com time to read: +3 min

Former President Donald Trump is holding his 2024 campaign kick-off event Saturday in Waco, Texas. Cult leader David Koresh fought federal agents there in 1993 in a standoff where nearly 100 died. Trump is bracing for indictment any day now and has urged supporters to protest if he's arrested. Trump beat President Joe Biden there by 23 points the last time around, collecting nearly two-thirds of the total votes. Trump campaign aides did not immediately respond to requests for comment about the timing or planning surrounding the upcoming Waco trip.

☆ As John Fetterman heals, his Senate staff soldiers on with the help of veteran lawmakers and crisis bonding: 'We all have each other's back'
▼ + stars: | 2023-03-20 | by ( Warren Rojas | ) www.businessinsider.com time to read: +9 min

Sen. John Fetterman has been hospitalized for clinical depression since February 15. Casey is coordinating with Fetterman staff on constituent services issues and legislative priorities, according to recent reports, but doesn't call Fetterman directly so as not to disturb his ongoing recovery. Some of the others working hard to meet that internal standard include legislative assistant Madeleine Marr, a former aide to Democratic Sen. Maggie Hassan of New Hampshire. Conservative commentator Stephen L. Miller has been more blunt, accusing Fetterman's staff of unduly wielding power in his absence. "John Fetterman's chief of staff is not an elected senator," Miller wrote in an op-ed run by the Delaware Valley Journal.

☆ Senate Republicans say the increasingly nasty Trump-DeSantis sparring is how you get to the best possible 2024 candidate and they expect a no-holds-barred fight
▼ + stars: | 2023-03-17 | by ( Warren Rojas | ) www.businessinsider.com time to read: +5 min

In fact, some said that's exactly what the party needs to produce a winning presidential candidate the next time around. "Heck, I hope 10 or 15 people run," Tuberville told Insider at the US Capitol, urging other White House hopefuls to "put out what you need to, go raise money, and put your best foot forward." When asked how DeSantis might hit back at the scandal-plagued former president, Rubio said that's for 2024 contenders to figure out. A follow-up question about his possibly entering the race compelled Rubio to say that he was not running for president. "There's an old statement, 'What Peter says about Paul tells you more about Peter than it does about Paul," he told Insider in the Senate subway tunnels.

☆ Ruben Gallego slams Kyrsten Sinema for raking in Silicon Valley Bank contributions ahead of 2018 deregulation vote
▼ + stars: | 2023-03-14 | by ( Warren Rojas | ) www.businessinsider.com time to read: +3 min

Rep. Ruben Gallego says Kyrsten Sinema is responsible for the Silicon Valley Bank implosion. Gallego talked about campaign contributions Sinema got from the failed lender on Tuesday in Tempe. "Sinema is in the pocket of Wall Street," he said, citing her 2018 vote to slash banking rules. Gallego also went after Sinema a day earlier, alleging that, "When bank lobbyists asked me to weaken bank regulations, I said no. When they asked Senator Sinema, she asked how much—and voted yes," DC outlet The Hill reported.

☆ Former VP Mike Pence accuses 'reckless' Donald Trump of endangering his family during the January 6 riots
▼ + stars: | 2023-03-12 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +3 min

Mike Pence has said that Donald Trump "endangered my family" in the January 6 riots. In the lead-up to the Jan. 6 riots, Trump urged Pence to overturn the 2020 election results. In the lead-up to the January 6 riots in Washington, DC, Trump urged Pence to overturn the 2020 election results. Rioters chanted "hang Mike Pence" as they stormed the Capitol building and erected a noose. Former President elect Donald Trump, left, and former Vice President Mike Pence acknowledge the crowd during the first stop of his post-election tour, in Cincinnati on December 1, 2016.

Like Trump, Bush has experienced what it's like to watch a younger man overshadow him, a man he worked hard to support. Bush and Rubio were allies in Florida government, and Rubio was widely viewed as a Bush protége. There is nobody who can even come close to generating the excitement and enthusiasm as President Trump has and will do in 2024." In the end, Trump branding Bush as "low energy" wasn't the only thing standing between Bush and the nomination. "DeSantis is like the one person who has gotten more out of Trump than Trump has gotten out of them."

Reps. Lauren Boebert and Marjorie Taylor Greene have both inadvertently slammed the Trump administration in recent weeks. Greene falsely blamed the Biden administration for fentanyl deaths that happened while Trump was in office. MAGA-faithful Reps. Lauren Boebert and Marjorie Taylor Greene have both inadvertently slammed the Trump administration in recent weeks while trying to take shots at President Joe Biden. Rep. Matt Gaetz, meanwhile, got schooled for unknowingly basing a critique of Biden's policies on a Communist newspaper. Gaetz tried to recover, pressing Kahl to "just tell me if the allegation is true or false."

☆ House weaponization panel seeks to eclipse January 6 committee's $18M+ budget despite rocky start
▼ + stars: | 2023-03-08 | by ( Warren Rojas | ) www.businessinsider.com time to read: +3 min

House weaponization panel chair Jim Jordan is already seeking more money from leadership. Jordan requested a $19 million budget, which is roughly what the January 6 select committee spent. His pitch for an additional $17 million in resources, first reported by Axios, includes doubling his initial $2 million budget and carving out a $15 million "reserve fund" the new political investigation unit can draw from as needed. Between the select committee disbanding after releasing its politically damning final report and House Republicans rearranging things on every committee after narrowly reclaiming control of the chamber last fall, tracking every select committee financial statement has gotten tricky. Sherman scolded House GOP leaders for demanding budget cuts elsewhere, but then throwing money at poorly received pet projects like the "flameout that the weaponization committee just experienced with its so-called whistleblowers hearing."

☆ House GOP adds January 6 investigation to its oversight blitz, vowing to avoid any 'particular political narrative'
▼ + stars: | 2023-03-08 | by ( Warren Rojas | ) www.businessinsider.com time to read: +3 min

House Republicans have launched their first January 6-centric investigation of the 118th Congress. Republican Rep. Barry Loudermilk is spearheading the latest oversight project. Loudermilk said he's interested in "following the facts, not a particular political narrative." Two years after the devastating attack on Congress, Republicans have been swept back into January 6-related news cycles by converging House priorities. House Administration staff did not immediately respond to requests for comment on how many submissions have come in so far.

☆ Investigation-wary CPAC attendees urge House Republicans to avoid getting wrapped up in settling old political scores: 'Today's not the day to go back and cry about it'
▼ + stars: | 2023-03-04 | by ( Warren Rojas | ) www.businessinsider.com time to read: +4 min

Insider asked Conservative Political Action Conference attendees about House GOP investigations. House Republicans created a new "weaponization" panel designed to explore their "deep state" conspiracy theories, while other standing committees are jumping all over Trump-era grievances like the southern border to try and orchestrate viral moments. CPAC attendees who told Insider they supported the House GOP's oversight crusade were all over the place in terms of their preferred targets. "I didn't send you to impeach the president," Yadeta said of his frustration, adding that Raskin should have tackled local issues like homelessness and job creation. "I hope we don't just get bogged down with a bunch of investigations where nothing comes out," he told Insider.

☆ Trump and DeSantis are the only 'big fish' CPAC attendees expect in the 2024 presidential race. But several say there's nothing wrong with others auditioning for supporting roles.
▼ + stars: | 2023-03-04 | by ( Warren Rojas | ) www.businessinsider.com time to read: +7 min

Donald Trump and Ron DeSantis are top of mind at the 2023 Conservative Political Action Conference. CPAC participants suspect 2024 will come down to those two, while others vie for the VP slot. 'An interesting race'Rory McSchane, a GOP political strategist from Austin, Texas is in the more the merrier camp. "My sincere hope is that she would be the vice president," Yadeta said of having Haley round out the 2024 ticket. Should Scott wind up taking the plunge, Bencosme said she could see herself supporting him in the GOP primary — and possibly beyond.

☆ They've seen enough: Trump-backing CPAC attendees want to freeze the 2024 field before things get any messier
▼ + stars: | 2023-03-02 | by ( Warren Rojas | ) www.businessinsider.com time to read: +4 min

Trump fans told Insider no one else should jump in because things are already too mixed up. "What I'm most looking forward to, obviously, is President Trump," she said, noting that she planned to be front and center for his keynote address on Saturday evening. "I think that's a good group," he said, adding, "That's enough." But President Trump is the one that we need," Le told Insider. CPAC attendee Thao Le shows off the Donald Trump pin on her American flag-themed hat on Thursday, March 2, 2023.

☆ 2 Senate Democrats join GOP in rejecting socially conscious investing rule, rushing it back to Biden for a promised veto
▼ + stars: | 2023-03-01 | by ( Warren Rojas | ) www.businessinsider.com time to read: +2 min

The US Senate voted down a Biden-backed socially conscious investing rule 50-46. Two Democratic senators up for reelection in 2024 joined Republicans in opposing ESG. Wednesday's defectors, both of whom are facing tough reelection bids this cycle in states Donald Trump won by double digits in 2020, include Democratic Sens. The absence of Democratic Sens. Dianne Feinstein of California, Jeff Merkley of Oregon, and John Fetterman of Pennsylvania left Senate Majority Leader Chuck Schumer three votes down before deliberations even started.

☆ 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.

☆ Over 500 students are at the Supreme Court to plug Biden's student-loan forgiveness because the 'economic mobility of over 40 million Americans is dependent on the survival of this program'
▼ + stars: | 2023-02-28 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Over 500 students are flooding the Supreme Court on Tuesday to support student-debt relief. The Supreme Court will hear arguments and likely make a final decision on the relief in May or June. Today, over 500 students have gathered on the steps of the Supreme Court to fight back against any attempt to restrict such freedom. "Our government must relieve borrowers of the crushing weight of student debt which will keep an entire generation from reaching their full potential," he continued. All eyes now turn to the conservative-majority Supreme Court, which will likely make a final ruling on Biden's debt relief in May or June.

☆ A group challenging Biden's student-loan forgiveness in the Supreme Court this week says it's 'very clear' the relief is illegal: 'We feel very good about our case'
▼ + stars: | 2023-02-27 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

The Job Creators Network, one of the groups challenging Biden's student-debt relief in the Supreme Court, said it feels "very good" about its case. On Tuesday, the Supreme Court will hear arguments for two lawsuits that blocked the relief. Biden's administration and Democrats have pushed back on the plaintiffs' standing to sue. On Tuesday, the Supreme Court is taking on two lawsuits that paused Biden's plan to cancel up to $20,000 in student debt for federal borrowers. Both of the lawsuits challenging Biden's plan said the broad debt relief is an overreach of that authority and should not be done without Congressional approval.

☆ A 'financial disaster for millions of Americans' could arise if the Supreme Court strikes down Biden's student-loan forgiveness, Elizabeth Warren details in a new report
▼ + stars: | 2023-02-27 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

The cases that challenged Biden's debt relief are headed to the Supreme Court on Tuesday. "If the Supreme Court sides with the extremist judges, millions of Americans' monthly costs will rise significantly when student loan payments resume later this year," the report said. Still, Republican lawmakers have been adamant that canceling student debt broadly is unfair to those who already paid off their loans or did not borrow for college. Lawsuits are causing 'financial anxiety for vulnerable borrowers'Failing to implement debt relief would put a strain on younger and older borrowers alike. Now, all eyes turn to the Supreme Court, which is expected to hand down rulings in the two cases before the end of its term, typically in late June or early July.

☆ Merrick Garland's stonewalling about multiple investigations is annoying lawmakers on both sides of aisle ahead of his Capitol Hill visit
▼ + stars: | 2023-02-23 | by ( Warren Rojas | Mattathias Schwartz | ) www.businessinsider.com time to read: +4 min

Lawmakers on both sides of the aisle want Merrick Garland to debrief them about DOJ investigations. Garland is scheduled to join the Senate Judiciary Committee on March 1 for a general oversight hearing — his first of the 118th Congress. In early February, both Durbin and his Republican counterparts leading the House Judiciary Committee requested briefings about McGonigal. The Senate letter requested information from Garland and FBI Director Christopher Wray; the House letter was addressed to Wray but not Garland. "Everything is on the table," a staff member from House Judiciary told Insider.

☆ Senators thrashed by Trump in 2016 urge DeSantis to strap in for a 'wild and woolly' ride in 2024 presidential race
▼ + stars: | 2023-02-21 | by ( Warren Rojas | ) www.businessinsider.com time to read: +3 min

The 2024 Republican presidential primary is just getting started. "This is gonna be a wild and woolly race," 2016 challenger Ted Cruz told Insider. "Oh, this is gonna be a wild and woolly race," chastened Trump challenger Sen. Ted Cruz before leaving DC for the Presidents' Day recess. 2016 presidential candidate and Republican Sen. Lindsey Graham of South Carolina downplayed the initial nastiness, urging DeSantis to focus on the long-game. Republican Sen. Marco Rubio of Florida initially declined to comment on the Trump-DeSantis tug-of-war, telling Insider, "I'm not talking about the campaigns right now."

☆ Baffled Dianne Feinstein walks out of Senate chamber wondering what just happened: 'Did I vote for that?'
▼ + stars: | 2023-02-15 | by ( Warren Rojas | ) www.businessinsider.com time to read: +3 min

Dianne Feinstein didn't seem to know what took place on the Senate floor Wednesday morning. The latest flash of apparent confusion comes as Feinstein plans to serve out her term through 2024. Feinstein voted to invoke cloture on judge Ana C. Reyes to serve on the United States District Court for the District of Columbia. Her looming retirement seemed to catch the decades-long politician off guard, causing Feinstein and her staff to clash over her career plans. "I don't even know what that is," Feinstein told staff last fall on her way through the Senate subway.

☆ Senate GOP women hail Nikki Haley's entry into the 2024 presidential primary but almost unanimously cheer for 'a lot of other people' to jump in
▼ + stars: | 2023-02-15 | by ( Warren Rojas | ) www.businessinsider.com time to read: +4 min

Senate Republican women offered guarded praise but seemed interested in additional candidates. And we'll see who else jumps in," Sen. Joni Ernst, who seemed to be on the exact same page as many of her colleagues, told Insider at the US Capitol. While the half-dozen GOP women Insider talked to about Haley's plans were generally supportive of her presidential ambitions, none offered her an endorsement. I thought it was well done," Sen. Deb Fischer of Nebraska told Insider between Senate votes. "She adds much needed diversity," Collins told Insider — before quickly adding, "I expect there'll be other very good candidates announcing as well."

☆ Nikki Haley and Donald Trump are the only declared 2024 presidential candidates. Here are the other Republicans who are considering a run.
▼ + stars: | 2023-02-15 | by ( Kimberly Leonard | Warren Rojas | ) www.businessinsider.com time to read: +4 min

Donald Trump and Nikki Haley are the only Republicans who have made a '24 run official. From Pence to DeSantis, here's how Republicans are laying the groundwork for presidential runs. Former President Donald Trump and former South Carolina governor Nikki Haley are the only Republicans so far who have announced a 2024 presidential run, but numerous others are signaling that they're toying with the same idea. The stakes for losing the nomination aren't all bad, even if Republicans might come out of it with an unforgettable Trump nickname. Scroll through to see the lawmakers who have either already declared or are potentially gearing up for run:

☆ GOP Sen. Cynthia Lummis raves about 'extraordinary' new Democratic Sen. Peter Welch and says she's excited to be reunited in the Senate: 'I love Pete Welch'
▼ + stars: | 2023-02-13 | by ( Warren Rojas | ) www.businessinsider.com time to read: +3 min

Cynthia Lummis and Peter Welch are psyched to join forces and get things done in the new congress. And it will serve the Senate well," Lummis said, adding, "I'm very excited that he's on the Senate side." Welch was equally enthused about the reunion, noting that as one of the freshmen senators in the 118th Congress he actually inherited Lummis' old digs. While walking from the Capitol to the Senate office buildings, Welch stopped Lummis, who had two staffers with her, to chat. "I love Pete Welch," Lummis said.

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