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☆ Senators call for DOJ probe into Elon Musk's $1 million giveaway
▼ + stars: | 2024-10-25 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

Elon Musk's $1 million giveaway to registered voters has raised legal questions. AdvertisementTwo Democratic members of the Senate Judiciary Committee are calling on the Department of Justice to launch an investigation into Elon Musk. AdvertisementThey noted that Musk's giveaway, which requires participants to be registered to vote in order to participate, may violate laws that forbid paying people to vote, or register to vote. Welch and Blumenthal argued that Musk's giveaway is "explicitly designed to induce people to register to vote." Spokespeople for America PAC and the Department of Justice did not immediately respond to a request for comment.

Persons: Elon Musk's, —, Musk, Donald Trump, Peter Welch of Vermont, Richard Blumenthal, General Merrick Garland, Welch, Blumenthal, Garland, Spokespeople, Read Organizations: of Justice, DOJ, Service, Department of Justice, Elon, America PAC, Sens, Senate Locations: Connecticut

Mr. Shapiro has said his views have evolved in the years since writing an opinion essay critical of Palestinians when he was a college student. Mr. Shapiro, 51, has embraced his Jewish identity and been one of the Democratic Party’s staunchest defenders of Israel at a moment when the party is splintered over the war in Gaza. “Something I wrote when I was 20, is that what you’re talking about?” Mr. Shapiro told a reporter who asked him about it. He has also not shied away from criticizing college administrators over their response to campus antisemitism, including at the University of Pennsylvania. If Ms. Harris chooses Mr. Shapiro to be her running mate, he will become only the second Jewish vice-presidential nominee on a major-party ticket.

Persons: Josh Shapiro, Shapiro, Kamala Harris, ”, “, ” Mr, Mr, ” Ahmet Tekelioglu, Shapiro’s, Manuel Bonder, Harris, Joseph I, Lieberman, Al Gore, Jon Hurdle, Katie Glueck Organizations: Democratic Party’s, University of Rochester, Campus Times, Israel, Israeli Army, Cheyney University of Pennsylvania, Philadelphia Inquirer, Islamic, University of Pennsylvania, Jewish Locations: Horsham, Pa, Pennsylvania, Israel, Gaza, New York, United States, “, Philadelphia, Connecticut

☆ Some Jewish Democrats wonder if America is ready for a Jewish vice president
▼ + stars: | 2024-08-02 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +14 min

After all, the last time a guy named Shapiro had been elected governor of Pennsylvania, he had years earlier anglicized his name to Shapp. “I’m not aware of how his position on Israel differs from the other potential vice presidents,” Hawaii Sen. Brian Schatz, who is both Jewish and a proud progressive, told CNN. Of the VP’s choices, Shapiro is the one who stands out as the most divisive and could put a stop in everyone being on the same page,” said one Jewish Democratic operative. But I will say his attacks, this might surprise you, don’t bother me personally,” Shapiro said at the time. But calling what’s coming at Shapiro “pure antisemitism,” Rep. Dan Goldman, a New York Democrat, warned against that defensive way of thinking.

Persons: Josh, Shapiro, Lori, Kamala Harris ’, –, —, J.B . Pritzker, Harris ’, Israel –, Harris, Josh ”, “ I’m, Hawaii Sen, Brian Schatz, ”, Greg Landsman –, Micah, Hebrew, ” Landsman, Nevada Sen, Jacky Rosen, she’d, “ It’s, Simone Zimmerman –, ” Zimmerman, “, ” Shapiro, He’s, Connecticut Sen, Joe Lieberman —, South Carolina Sen, Lindsey Graham, “ He’s, he’s, Doug Emhoff, “ doesn’t, ” Ed Rendell, ” Rendell, Rendell, Josh Shapiro, they’ve, ” Long, Avi, Sen, Ted Kennedy, Mikhail Gorbachev, Emhoff, Benjamin Netanyahu “, Amy Spitalnick, Josh ’, Adam Schiff, Tim Walz, what’s, Dan Goldman, ” Goldman, ” CNN’s Morgan Rimmer, Owen Dahlkamp, Haley Talbot Organizations: CNN, Democratic, Illinois, Democratic Socialists of America, Sunrise Movement, Jewish Democrats, ”, GOP, Philadelphia Inquirer, Republican, Jewish Council, Public, Jewish Democratic, New, New York Democrat Locations: Pennsylvania, Israel, Michigan, Hawaii, Ohio, America, Nevada, Las Vegas, Gaza, Connecticut, South Carolina, Washington, Philadelphia, United States, Soviet, Pittsburgh, California, Minnesota, New York

☆ Harris navigates Biden and Netanyahu as she considers her stance on Israel
▼ + stars: | 2024-07-25 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

Up until now, Harris has been defined by working for President Joe Biden, arguably the most explicitly pro-Israel American president, even though his relationship with Benjamin Netanyahu has frayed. “President Biden brought to the White House a lifelong relationship with Bibi Netanyahu and a very mature history on the US-Israel relationship,” Murphy said. “The vice president has been a strong and longstanding supporter of Israel as a secure, democratic homeland for the Jewish people. “One can criticize specific policies of the government of Israel while still strongly supporting the state of Israel and the people of Israel. Soifer said she is satisfied that Harris remains committed to Israel — even after being read the indirect answer about whether the vice president considers herself a Zionist.

Persons: Kamala Harris, Harris, Joe Biden, Benjamin Netanyahu, Biden, Harris didn’t, she’s, Netanyahu, ”, Richard Haass, George W, “, Israel —, hypotheticals, Donald Trump, Doug Emhoff, Kamala, that’s, ” Emhoff, Connecticut Sen, Chris Murphy, Bibi Netanyahu, ” Murphy, It’s, Israel, Harris ’, Dean Lieberman, Phil Gordon, Obama, Gordon, Antony Blinken, Jake Sullivan, She’ll, Harris –, Netanyahu –, Israel ’, Ritchie Torres, Trump, Abraham, Abbas Alawieh –, –, ” Alawieh, —, Israel ”, Ohio Sen, JD Vance, Jason Miller, Emhoff, He’s, Halie Soifer, Soifer Organizations: CNN, Israel American, Democratic, White, Foreign Relations, Bush’s State Department, Biden, Jewish Democratic Council of America, Jewish, Senate Intelligence, Israel, Council, ”, West Wing, New York Democrat, Iron, Michigan Democratic Party, Republican Jewish Coalition, Republican, Naval Locations: Israel, Saudi Arabia, Indiana, Connecticut, Israeli, United States, Iran, U.S, America, Gaza, North Carolina, Ohio, Jerusalem, California, Los Angeles

☆ Analysis: Biden’s fate is on the line in the most critical days of his 50-year political career
▼ + stars: | 2024-07-08 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

The turmoil surrounding Biden’s future is creating a grim mood inside the White House, CNN’s MJ Lee reported. • If that happens, would senior party leaders be willing to go to the president and argue that his position is unsustainable? There is an almost surreal quality to the frenzied political debate as Biden digs in. There would be no guarantee that a new standard-bearer would do better than Biden, who has already beaten Trump once. Black Democratic voters helped to rescue Biden’s primary campaign in 2020 and to put him in the White House.

Persons: Joe Biden’s, Biden, Donald Trump, Hakeem Jeffries, Sen, Mark Warner, “, Connecticut Sen, Chris Murphy, ”, ” Biden, Trump, CNN’s MJ Lee, Biden –, Kamala Harris –, laud, Joe Biden, ” Murphy, Dana Bash, Adam Schiff, Murphy, Schiff, lacerated Trump, Jeffries, Chuck Schumer, “ I’m, It’s, Joyce Beatty, “ shouldn’t, CNN’s Ebony Davis, Eva McKend, he’s, CNN’s Jeff Zeleny, Lyndon Johnson, Gerry Connolly, CNN’s Pamela Brown, Joe Biden didn’t, ” Connolly, Josh Shapiro, Pennsylvania Sen, John Fetterman, Bob Casey Organizations: CNN, Democrats, White House, Virginia Democrat, Sunday, Union, Democratic, ABC News, West Wing, Democratic Party Among, Biden, ”, Press, California Democrat, Capitol, ABC, Congressional Black Caucus, Ohio, CBC, NATO, Airy, of God, Black Democratic, Pennsylvania Gov, Pennsylvania, Trump, Republican National Convention, Democratic National Convention Locations: Connecticut, “ State, Pennsylvania, Trump, Atlanta, California, New Orleans, Philadelphia, Harrisburg , Pennsylvania, Washington, Virginia, Harrisburg, “, Michigan, Ukraine, Milwaukee

☆ No Labels will not field third-party ticket
▼ + stars: | 2024-04-04 | by ( Aaron Pellish | ) edition.cnn.com time to read: +3 min

CNN —The centrist group No Labels is abandoning plans to form a third-party presidential unity ticket for this year’s election. “But No Labels has always said we would only offer our ballot line to a ticket if we could identify candidates with a credible path to winning the White House. The Wall Street Journal was first to report on the No Labels decision not to field a presidential ticket. In its quest for a unity ticket, the group had been rebuffed by several high-profile figures, including former New Jersey Gov. The group had previously set a March deadline to decide on whether to field such a ticket.

Persons: Maryanne Martini, Chris Christie, Nikki Haley, West Virginia Sen, Joe Manchin, Larry Hogan, Connecticut Sen, Joe Lieberman, Joe Biden, Donald Trump, Martini, ”, America’s, Robert F, Kennedy Jr, Robert Kennedy Junior, ” Rahna Epting, MoveOn, Biden, Matt Bennett, CNN’s Eva McKend Organizations: CNN, White, New, New Jersey Gov, South Carolina Gov, Maryland Gov Locations: New Jersey, West, Connecticut, “

Sen. Joe Manchin (D-WV) speaks during a "Politics & Eggs" event at the New Hampshire Institute Politics at St. Anselm College on January 12, 2024 in Manchester, New Hampshire. MORGANTOWN, W.Va. — Sen. Joe Manchin, D-W.Va., announced Friday that he is not running for president after spending months mulling a bid that would have shaken up the 2024 campaign. I will not be involved in a presidential run," Manchin said during a speech. In a statement following Manchin's announcement, former Connecticut Sen. Joe Liberman, former North Carolina Gov. Democrats feared a Manchin candidacy would have pulled votes away from President Joe Biden and boost former President Donald Trump, the 2024 Republican frontrunner, in a general election.

Persons: Sen, Joe Manchin, — Sen, Manchin, Connecticut Sen, Joe Liberman, Pat McCrory, Benjamin Chavis Jr, Mitt Romney, Rob Portman, Joe Biden, Donald Trump Organizations: New Hampshire, St, Anselm College, Democracy, White, North Carolina Gov Locations: Manchester , New Hampshire, MORGANTOWN, W.Va, Connecticut, R, Utah, Ohio

WASHINGTON (AP) — The Senate's border proposal was one of the toughest bipartisan bills to emerge on the issue in decades. Republicans have campaigned on border security for years, and public frustration is running high with the record number of illegal U.S. border crossings. Cruz’s likely Democratic opponent, Texas Rep. Collin Allred, said he’s already talking about the border deal on the campaign trail. Murphy agreed that Democrats should remain committed to broad immigration reforms, including pathways to citizenship for migrants who are already here. But he argued that may only be possible once Democrats first show voters they are serious about tough border enforcement.

Persons: —, Donald Trump, Chuck Schumer, “, Tom Suozzi, Schumer, New York “, Joe Biden, Biden, Sen, John Cornyn, Republicans aren’t, ”, Suzan, ” Schumer, Mike Johnson, ” Trump, He's, Republican Sen, James Lankford, Trump, Ted Cruz, Cruz, Mitch McConnell, Cruz’s, Collin Allred, he’s, ” Allred, doesn’t, Lois Clinco, “ I’m, Clinco, Connecticut Sen, Chris Murphy, Ro Khanna, ” Khanna, John F, Kennedy, Barack Obama, Todd Schulte, Murphy, Lisa Mascaro, Philip Marcelo Organizations: WASHINGTON, Republican, Republicans, Democratic, Texas Republican, Trump, Washington Democrat, Border Patrol, Democrats, Texas, Texans, New, New York City —, Rep, California Democrat, Associated Press Locations: New York, Texas, South Carolina, Long, Levittown, New York City, Connecticut, United States, California, America, Levittown , New York

Turnout tends to be lower, and holding an election during a February snowstorm doesn't make voting any more attractive. The fact that the seat in New York’s 3rd Congressional District was scandal-tainted by Santos means the GOP had an extra burden to motivate their voters. Republicans, meanwhile, tend to show up more on Election Day, and Nassau County Republicans have an unusually good turnout machine. Not only did Suozzi win the election, but he was winning in the Nassau County part of the district by 6 percentage points with 93% of the vote in. That margin would mark a massive shift from 2022, when Santos won the county by 10 percentage points over Democratic foe Robert Zimmerman.

Persons: George Santos, Santos, Tom Suozzi, Republican Mazi, Joe Biden's, Pilip, Donald Trump, weren't, Sen, Chris Murphy, Tom Bonior, Bonior, Robert Zimmerman, There's Organizations: Congressional, GOP, Republican, Republicans, Democratic Congressional, Biden, House Republicans, Senate, Democratic Locations: New York’s, New York, Connecticut, Snowplows, TargetSmart, Nassau, Nassau County, Blue America

☆ Trump and his GOP allies kneecap a border compromise they should have loved
▼ + stars: | 2024-02-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Bill would mean a huge change in the lawThe border compromise would represent a dramatic change of immigration law on lines many Republicans have long supported. 2 won only GOP support when it passed the House and all those who voted for it knew there was never a chance it could get through a Democratic Senate and White House. “Any national security package has to begin with the security of our own border,” Johnson said in December. “Only a fool, or a Radical Left Democrat, would vote for this horrendous Border Bill,” the ex-president wrote on Truth Social on Monday. “This is the chaos when Donald Trump is back in charge of the Republican Party,” Murphy told CNN’s Wolf Blitzer.

Persons: Donald Trump’s, Oklahoma’s James Lankford, ”, Dan Bongino, Mississippi Sen, Roger Wicker, Mitch McConnell’s, Mike Johnson, Joe Biden’s, Trump, Alejandro Mayorkas, thrall, Kevin McCarthy, “, ” McCarthy, Lankford, McCarthy, CNN’s Manu Raju, Biden, didn’t, Biden’s, he’d, Barack Obama, George W, Bush, ” McConnell, Bill, Tim Burchett, CNN’s Jake Tapper, ” Johnson, he’s, –, it’s, harangue Biden, ” Trump, imperil Biden’s, Trump . Connecticut Sen, Chris Murphy, Donald Trump, ” Murphy, CNN’s Wolf Blitzer Organizations: CNN, Donald Trump’s Republican Party, White, Trump, Republicans, GOP, Republican, Homeland, Border Patrol, Democratic, California Republican, Senate Homeland Security, Governmental Affairs, Congress, Customs, Department of Homeland Security, ” Tennessee, Radical Left Democrat, Democrats, Republican Party, Trump . Connecticut Locations: Washington, Mississippi, California, Oklahoma, Mexico, H.R, Ukraine, Trump .

☆ Joe Manchin could upend Biden’s reelection campaign – and blow up No Labels along the way
▼ + stars: | 2024-01-28 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

Some around Biden agree Manchin may have a point in how to make the pitch. As Biden tries to assert the success of his presidency, Manchin says he shaped “everything” in the president’s agenda. “It’s been far less organized than he expected it to be” and “he doesn’t see a plan coming together,” a person familiar with Hogan’s thinking told CNN. “No matter what side of the fence you might be on, where you are for philosophically, we learned to navigate that,” he told CNN. Several anti-Trump Republicans who listened to Manchin’s speech told CNN they were happy to hear him.

Persons: CNN — Sen, Joe Manchin, Privately, Joe Biden, Donald Trump, Manchin, there’s, Vermont Sen, Bernie Sanders, Biden, Sanders, hadn’t, ” Manchin, ”, Trump, “ He’s, Larry Hogan, –, “ It’s, “, hasn’t, Connecticut Sen, Joe Lieberman, Pat McCrory, Mark Penn, Nancy Jacobson, Ryan Clancy, Chris Christie, Heather Bresch, Bresch, Tom Reed, ” Reed, Bernie Sanders Manchin’s, codifying Roe, Wade, Roe, Machin, Saint Anselm Organizations: CNN, West Virginia Democrat, Biden, Trump, Democratic, Trump Republicans, Senate, White House, Washington, Democrat, Republican, North Carolina Gov, White, Representatives, Justice Department, New, New York Rep, Manchin, Saint Anselm College Locations: New Hampshire, South Carolina, Georgia, Vermont, Maryland, Dallas, Connecticut, North Dakota , New York , Florida , Texas, Hawaii, New Jersey, Manchin’s New Hampshire, Texas, Manchester, Washington, Saint, Unfazed

WASHINGTON (AP) — A bipartisan Senate deal to pair border enforcement measures and Ukraine aid faced potential collapse on Thursday as Senate Republicans grew increasingly wary of an election-year compromise that Donald Trump, the likely Republican presidential nominee, seems likely to oppose. At stake is a plan that both President Joe Biden and Senate Republican Leader Mitch McConnell have worked for months to broker in hopes of cajoling Congress to approve wartime aid for Ukraine. “We’re at a critical moment, and we’ve got to drive hard to get this done," said South Dakota Sen. John Thune, the second-ranked Senate Republican. With Republicans continuously raise the issue on the campaign trail, the border will likely remain central to elections this year. They have argued that presidents already have enough authority to implement hardline border measures and Trump should have his say.

Persons: Donald Trump, Joe Biden, Mitch McConnell, McConnell, “ We're, ” McConnell, Ukraine's, McConnell's, Oklahoma Sen, James Lankford, he’s, ” Lankford, “ That’s, haggling, Olivia Dalton, Biden, ” Dalton, “, we’ve, Dakota Sen, John Thune, we’ll, Trump, Connecticut Sen, Chris Murphy, didn’t, ” Murphy, ”, Sen, John Cornyn, Rick Scott, ” Sen, J.D, Vance, unquote ‘ MAGA, unquote ‘ MAGA Republicans ’, Mike Rounds, Kevin Freking, Seung Min Kim Organizations: WASHINGTON, Republicans, Republican, Trump, Senate, White, Air Force, Democratic, Senate Republicans, Texas Republican, Florida Republican, Ohio Republican, unquote ‘ MAGA Republicans, South Dakota Republican, Associated Press Locations: Ukraine, U.S, Mexico, The U.S, Israel, Oklahoma, Dakota, Europe, Congress, Connecticut, Trump, Texas, Florida, Ohio

A core group of negotiators have been laboring for nearly two months over changes to U.S. border and immigration policy and hoped to unveil the legislation later this week. However, the emergency funding package has been delayed months in Congress after Republicans insisted that border policy changes also be included in the package. It remains to be seen whether the border policy changes, which have been negotiated in private with top White House officials, will be enough to satisfy most Republican senators. The group has mostly reached agreements on policy changes, but on Monday was working with Senate appropriators to determine funding levels for the programs. Democrats have bemoaned the Republican decision to tie Ukraine aid with border policy changes.

Persons: Donald Trump, Mike Johnson, Johnson, Mitch McConnell's, ” McConnell, Joe Biden, Biden, Chuck Schumer, “ It's, ”, Sen, Kyrsten Sinema, appropriators, Connecticut Sen, Chris Murphy, “, you’re, ” Biden, Dick Durbin, Durbin, Schumer, ” Schumer Organizations: WASHINGTON, Ukraine, Republican, Senate, Republicans, “, Democratic, White House, Biden, Democrats Locations: Washington, Ukraine, Israel, U.S, Arizona, Connecticut, Illinois

Friday's phone call came one day after Netanyahu said that he has told U.S. officials in plain terms that he will not support a Palestinian state as part of any post-war plan. But the regular cadence of calls between Biden and Netanyahu, who have had a hot-and-cold relationship for over three decades, has slowed considerably. And in late 2019, during a question and answer session with voters on the campaign trail, Biden called Netanyahu an “extreme right” leader. Netanyahu argues that a Palestinian state would become a launchpad for attacks on Israel. They hold out hope Israel could eventually come around to accepting a Palestinian state that comes with strong security guarantees for Israel.

Persons: Joe Biden, Benjamin Netanyahu, Biden, Netanyahu, Biden's, ”, John Kirby, Eytan Gilboa, “, Donald Trump, Trump, hasn't, Massachusetts Sen, Elizabeth Warren, Connecticut Sen, Chris Murphy, Michael Koplow, Ron Dermer, Jake Sullivan, Antony Blinken, Lloyd Austin, Brett McGurk, Amos Hochstein, ” Blinken, Barack Obama, —, Israel, ” Netanyahu, Daniel Kurtzer, Bill Clinton, George W, Bush, Julia Frankel, Ellen Knickmeyer, Seung Min Kim, Colleen Long Organizations: WASHINGTON, Israeli, U.S, Security, Democrat, Islamic, Israel’s, Ilan University, Israel, Netanyahu, Key Democratic, Biden, Economic, Middle, ” Palestinian Authority, West Bank, Palestinian Authority Locations: Gaza, Israel, Palestinian, United States, U.S, Massachusetts, Connecticut, Davos, East Jerusalem, ”, Jordan, Egypt, Jerusalem, Washington

There’s little concern that the independent or third-party candidates would actually win the presidency, but they could siphon support from the ultimate Democratic and Republican nominees. In Arizona, alone, minor party candidates must collect more than 34,000 signatures to qualify for the general election ballot. An independent candidate must collect more than 43,000 signatures. Michigan requires a minor party candidate to collect 44,619 signatures and independents to collect 12,000. And in Nevada, a minor party or independent candidate must collect 10,095 signatures to qualify for the ballot.

Persons: Robert F, Kennedy Jr, Cornel West, Joe Biden, Republican Donald Trump, Jill Stein, “, ” Stein, It’s, — Biden, Trump, Kennedy, Stein, Jim Messina, Barack Obama's, Biden, Biden's, ” Messina, —, Gallup, Hillary Clinton's, Louis Farrakhan, Stefanie Spear, Mr, “ Mr, Chris LaCivita, ” LaCivita, Brendan McPhillips, McPhillips, Matt Bennett, ” Bennett, “ Kennedy, It's, they're, ’, Peter Daou, Connecticut Sen, Joe Lieberman, ” Lieberman, Jonathan J, Cooper Organizations: Democratic, Cornel, Republican, Green Party, Gallup, Trump, Associated Press, Biden, Capitol, Democratic Party, Republican Party Locations: Washington, Philadelphia, U.S, West, United States, Arizona, Michigan, Nevada, Pennsylvania, Connecticut, Dallas, Phoenix

Legendary golfer Gary Player thinks government and sports shouldn't mix, as the golf world goes through a major merger that has triggered antitrust concerns. He was an ambassador for Golf Saudi, an organization pushing to make the Kingdom of Saudi Arabia a more prominent force in the sport. Player also said he supports the proposed merger between Saudi-backed LIV Golf and the PGA Tour, which has drawn criticism and scrutiny from regulators and lawmakers, not to mention golfers. (Previously, Player has spoken out against players leaving the PGA Tour to join LIV Golf, saying it's for "guys that can't win one the regular tour any more.") Last week, a U.S. Senate subcommittee held its second hearing on the proposed merger.

Persons: Gary Player, We've, LIV Golf, Connecticut Sen, Richard Blumenthal Organizations: CNBC, Golf Saudi, Aramco, PGA Tour, U.S, Connecticut, Democratic, Saudi Public Investment Fund, soccer team Locations: Kingdom of Saudi Arabia, Saudi

Majority Leader Chuck Schumer said Monday that staff for the chamber’s Sergeant-at-Arms — the Senate's official clothes police — will no longer enforce a dress code on the Senate floor. “Senators are able to choose what they wear on the Senate floor. I will continue to wear a suit.”Schumer did not mention Fetterman in his statement about the dress code, which will only apply to senators, not staff. “I plan to wear a bikini tomorrow to the Senate floor,” Collins joked. “Now I can vote from the Senate floor on Mondays,” Hawley said, noting that he usually wears a suit and tie every other day.

Persons: Chuck Schumer, Pennsylvania Sen, John Fetterman, ” Schumer, Fetterman, Kansas Sen, Roger Marshall, it’s, Schumer, “, ” Marshall, Republican Sen, Susan Collins of, ” Collins, ”, “ They’re, Missouri Sen, Josh Hawley, ” Hawley, Connecticut Sen, Chris Murphy, he’s, Sergeant, ” Murphy, ” Fetterman, Kevin Freking Organizations: WASHINGTON, Senators, Kansas, Republican, Senate, Democrat, Arms, Associated Press Locations: Pennsylvania, Kansas, Susan Collins of Maine, Missouri, Connecticut

☆ Premarket stocks: Bank CEOs are already complaining about new regulations they haven't even seen yet
▼ + stars: | 2023-07-19 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Investors, worried about the economic atmosphere and the recent regional banking collapse, breathed a sigh of relief at the results. Jamie Dimon, head of JPMorgan Chase, commented on the bank’s Friday earnings call that non-bank financial rivals were “dancing in the streets” as regulators get ready to increase bank capital requirements. “This is great news for hedge funds, private equity, private credit, Apollo, Blackstone,” Dimon said of the proposed regulations. The change, they say, will increase the financial system’s resilience following the failures of three regional banks earlier this year. “The capital in the industry is sufficient,” said Bank of America CEO Brian Moynihan on his company’s earnings call Tuesday morning.

Persons: Jamie Dimon, JPMorgan Chase, ” Dimon, ”, Jeremy Barnum, Barnum, don’t, Brian Moynihan, “ They’ve, Morgan Stanley, James Gorman, Elizabeth Warren, Richard Blumenthal, Tammy Duckworth, Martin Gruenberg, “, Taylor Marr, That’s, they’re, Bryan Mena, Neil Saunders Organizations: CNN Business, Bell, New York CNN, Silicon Valley Bank, JPMorgan, Blackstone, of America, CNBC, Valley Bank, Signature Bank, Federal Deposit Insurance, Redfin, Retail, Commerce Department Locations: New York, Silicon, Basel, Massachusetts, Elizabeth Warren , Connecticut

☆ BlackRock’s Aramco embrace makes sense in a vacuum
▼ + stars: | 2023-07-18 | by ( Lauren Silva Laughlin | ) www.reuters.com time to read: +4 min

The $109 billion asset manager run by Larry Fink said on Monday it would add Saudi Aramco (2222.SE) Chief Executive Amin Nasser to its 16-strong board. But judged through an investment lens the appointment makes sense. Nasser, who led Aramco through its 2019 initial public offering, will take the seat currently occupied by Bader Alsaad, a former managing director of the Kuwait Investment Authority. Follow @thereallsl on TwitterCONTEXT NEWSBlackRock on July 17 said Amin Nasser, chief executive of Saudi Aramco, would join its board as an independent director. “Amin’s distinguished career at Aramco, spanning more than four decades, gives him a unique perspective on many of the key issues facing our firm and our clients,” BlackRock Chief Executive Larry Fink said in a statement.

Persons: Larry Fink, Amin Nasser, Nasser, Bader Alsaad, Jamal Khashoggi, Randall Stephenson, Fink, Richard Blumenthal, T Rowe Price, Fink –, “ Amin’s, Peter Thal Larsen, Sharon Lam Organizations: YORK, Reuters, BlackRock, Aramco, Kuwait Investment Authority, of, Petroleum, Saudi, Golfers ’ Association, Global Energy, Exxon Mobil, Chevron, Shell, Thomson Locations: BlackRock, Saudi Aramco, Kuwait, Saudi Arabia, United States, U.S, Texas, Connecticut, Aramco

☆ Meta lowers the minimum age for its Quest headsets from 13 to 10
▼ + stars: | 2023-06-16 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —Facebook-parent Meta plans to lower the minimum age for its virtual reality headsets from 13 years old to 10 years old, despite pressure from lawmakers not to market its VR services to younger users. In its Friday blog post, Meta said parents will be able to set time limits and enforce breaks for their preteens on the headsets. Meta also makes it possible to cast content from its VR headsets to a TV or phone screen, so parents can watch what their kids are seeing. Meta’s headset and Horizon Worlds represent Zuckerberg’s vision for a next-generation internet, where users can interact with each other in virtual spaces resembling real life. Update: This story has been updated to reflect Meta’s plan to continue restricting Horizon Worlds to users 13 and older.

Persons: Preteens, Meta, ” Meta, Massachusetts Sen, Ed Markey, Connecticut Sen, Richard Blumenthal, Mark Zuckerberg Organizations: New, New York CNN, Facebook, Connecticut, CNN, Meta Locations: New York, Massachusetts, United States, Canada, Europe

☆ PGA Tour-LIV Golf merger is a major win for the Saudis — and Americans are slamming it
▼ + stars: | 2023-06-07 | by ( Natasha Turak | ) www.cnbc.com time to read: +8 min

It's lured some of the biggest golf stars away from the PGA Tour with huge paychecks, spurring antitrust lawsuits with the American organization. "This is Saudi Arabia buying the PGA tour," sports talk show host Rich Eisen said in his broadcast after hearing the news. USA Today sports columnist Christine Brennan called the move "a total wimp-out by the PGA Tour. Glyn Kirk | AFP | Getty ImagesSocial media was rife with self-described golf fans vowing to never again watch the PGA Tour. Pro golfer Phil Mickelson, another member of the LIV Tour, tweeted "Awesome day today" in response to the news.

Persons: LIV Golf, that's, —, LIV, Saudi Crown Prince Mohammed bin Salman, It's, Jay Monahan, Rich Eisen, Pat Welter, it's, Christine Brennan, Tiger Woods, Glyn Kirk, Ron Wyden, Chris Murphy, Jamal Khashoggi, Saudi LIV, Monahan, Saudi Arabian Crown Prince Mohammed bin Salman, Jim Watson, Bryson DeChambeau, DeChambeau, Phil Mickelson, Jeffries, Yasir Al, Cristiano Ronaldo, Saudi Arabia's, Al Organizations: PGA Tour, Saudi, LIV Players, PGA, Saudi Arabia's Public Investment Fund, Saudi Crown, CNBC, Twitter, 150th, St, AFP, Getty, LIV, Washington Post, Amnesty, Saudi Arabian Crown, Saudi Embassy, Washington D.C, Saudi Foreign Ministry, CNN, Royal, Anadolu Agency, Getty Images Investment, Rumayyan, Nassr Football Club, Al Nassr Football Locations: Saudi Arabia, North Carolina, Saudi, Scotland, Oregon, Connecticut, American, Washington ,, Washington, videoconference, Riyadh, PIF, Portuguese

☆ Abortion fallout: Connecticut Supreme Court pick drops out due to Amy Coney Barrett letter
▼ + stars: | 2023-05-19 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Supreme Court nominee and U.S. Court of Appeals Judge Amy Coney Barrett on Capitol Hill in Washington, October 21, 2020. A federal prosecutor on Friday removed her name from consideration for a seat on the Connecticut Supreme Court after blowback from legislators over a 2017 letter she signed in support of Amy Coney Barrett, who is now a U.S. Supreme Court justice. The state expanded access to abortion on the heels of the controversial U.S. Supreme Court decision last summer in the case known as Dobbs v. Jackson Women's Health Organization. "Looking back and knowing what I now know, I shouldn't have signed it," Glover testified about the letter, which was signed by every U.S. Supreme Court clerk who worked during that court's 1998-99 term. At the time, Glover was a clerk that term for Justice Sandra Day O'Connor, and Barrett was a clerk for the late Justice Antonin Scalia.

☆ Democratic lawmakers are skeptical about using a $1 trillion coin or the 14th amendment to get around the debt ceiling
▼ + stars: | 2023-05-11 | by ( Ayelet Sheffey | Eliza Relman | ) www.businessinsider.com time to read: +6 min

Minting a $1 trillion platinum coin or using the 14th amendment could solve the crisis while sidestepping Congress. The 14th amendment, on the other hand, contains a clause that could declare the debt ceiling unconstitutional and get rid of it forever. 'That's beyond my paygrade and my mental capacity'Insider asked some Democratic senators what they thought of minting a coin or using the 14th amendment to get around the debt ceiling crisis. Sen. Ron Wyden, top lawmaker on the Senate Finance Committee, said that when it comes to the 14th amendment, "I'm not there yet. Yellen also said at a new conference in Japan on Wednesday that "it's legally questionable whether or not that's a viable strategy," referring to the 14th amendment.

☆ U.S. Senator Blumenthal fractures leg, to undergo 'routine' surgery
▼ + stars: | 2023-04-09 | by ( ) www.reuters.com time to read: +1 min

Senator Richard Blumenthal fractured his leg in a mishap at a University of Connecticut parade on Saturday and will undergo surgery this weekend, he said on Twitter. If the surgery goes as planned, the 77-year-old Connecticut Senator should not miss any votes. "I did indeed fracture my femur after a fellow parade goer tripped and fell on me," Blumenthal said on Twitter. "Routine surgery tomorrow just to make sure everything heals properly. Blumenthal was elected to the U.S. Senate in 2011 after serving Connecticut for 20 years as attorney general.

☆ Ron DeSantis posed with a handmade snowflake. It had the word 'fascist' written all over it.
▼ + stars: | 2023-03-13 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Ron DeSantis was given a framed snowflake at an event in Iowa, where he was promoting his new book. The word "fascist" was hidden in every branch of the snowflake. Every branch of the snowflake had the word "fascist" hidden in the design. "At a Republican political rally in Davenport, Iowa today someone gave @GovRonDeSantis and @IAGovernor Kim Reynolds a handmade 'snowflake' with the word 'Fascist' secretly embedded in it," Goffman tweeted. Read the snowflake," tweeted Laura Loomer, a pro-Trump, right-wing commentator.

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