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☆ Schumer says a crypto bill can pass Senate this year; key Dems join 'Crypto4Harris' call
▼ + stars: | 2024-08-14 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +5 min

Stabenow chairs the Senate Agriculture Committee, where a bipartisan crypto bill is working its way through the committee. Because we all support Vice President Kamala Harris to be our next president, and we all believe in the future of crypto," said Schumer. But Stabenow's presence with Schumer at Wednesday's town hall could be a hint that Schumer is leaning towards Stabenow's legislation. Republican presidential nominee Donald Trump is newly catering to the crypto sector in public addresses on the campaign trail. "I think we're going to hear from Vice President Harris soon on this.

Persons: Chuck Schumer, Kamala Harris, Saul Loeb, Schumer, Mark Cuban, Kristen Gillibrand, Debbie Stabenow, Stabenow, Elissa Slotkin, Adam Schiff, Jared Polis, Wiley Nickel, Crypto, Sheila Warren, Harris, Gillibrand, Donald Trump, Ro Khanna, Nickel, we've Organizations: Senate, AFP, Getty, Democratic, New, Agriculture, California ., California . Colorado Gov, Rep, Republicans, Capitol, Crypto, Innovation, Democrats, Financial Innovation, Technology, Republican, CNBC Locations: Washington , DC, Michigan, California, California . Colorado, N.C, United States, Wednesday's, Nashville , Tennessee, Tennessee

☆ Hike tariffs on Chinese EVs, Senate Democrats urge Biden administration
▼ + stars: | 2024-03-08 | by ( ) www.cnbc.com time to read: +1 min

Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration to hike import tariffs on Chinese electric vehicles to address national security risks, the latest push by lawmakers to protect the U.S. auto sector. Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration to hike import tariffs on Chinese electric vehicles to address national security risks, the latest push by lawmakers to protect the U.S. auto sector. "Artificially low-priced Chinese EVs flooding the U.S. would cost thousands of American jobs and endanger the survival of the U.S. automotive industry as a whole." Auto industry officials told Reuters last month Biden is considering hiking tariffs on Chinese EVs and the letter is the latest in growing pressure on the White House to take further steps to prevent Chinese vehicle imports. The senators also asked Commerce to focus on the threat from potential imports of "highly connected Chinese vehicles and high-risk China-controlled connected and autonomous technologies."

Persons: Biden, Gary Peters, Debbie Stabenow of, Sherrod Brown, Gina Raimondo, Katherine Tai, USTR Organizations: Reuters, Auto, . Trade, Commerce Locations: U.S, Debbie Stabenow of Michigan, Sherrod Brown of Ohio, China

☆ Opinion | How Gretchen Whitmer Met the Moment
▼ + stars: | 2024-03-01 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +1 min

At a Detroit union hall in mid-February, Gov. Gretchen Whitmer and Senator Debbie Stabenow of Michigan gathered representatives from local carpenters and construction unions, along with participants in an apprenticeship program, for a round-table event to draw attention to the ways the Biden’ administration has helped organized labor. At every seat around the U-shaped table, there was a flier from Whitmer’s “Fight Like Hell” PAC, but it didn’t address jobs; it was about abortion. “Donald Trump brags that he was the one who got rid of Roe v. Wade and is marching his party toward enacting a nationwide abortion ban,” it said. When Whitmer spoke, she made sure to hit on reproductive rights, and the economic costs of losing them.

Persons: Gretchen Whitmer, Debbie Stabenow, “ Donald Trump brags, Roe, Wade, Whitmer, “, ”, you’ll, Joe Biden’s, “ We’ve Organizations: Gov, Michigan, Biden, ” Locations: Detroit, Michigan

☆ Menendez to address Senate Democrats as most of them urge he resign after bribery charges
▼ + stars: | 2023-09-28 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Senator Bob Menendez and his wife Nadine Menendez (not seen) depart a Manhattan court after they were arraigned on federal bribery charges in New York, September 27, 2023. Sen. Bob Menendez of New Jersey plans to speak privately Thursday to fellow Senate Democrats as more than half of their 51-member caucus has called for his resignation over bribery allegations. Majority Leader Chuck Schumer of New York has yet to ask Menendez to quit. But Schumer told reporters Wednesday, "We'll see what happens after" Menendez speaks to the caucus at a closed-door lunch on Capitol Hill. Menendez, 69, last week was charged with conspiracy to commit bribery and other charges with his wife, Nadine, and three New Jersey businessmen.

Persons: Bob Menendez, Nadine Menendez, Sen, Chuck Schumer, Menendez, Schumer, John Fetterman of, Nadine, Bernie Sanders, Menedez, Dick Durbin of, Debbie Stabenow of, Patty Murray Organizations: Bob Menendez of New, Democrat, Jersey businessmen, Prosecutors, Benz, Democratic, Dick Durbin of Illinois, Pro Tempore Locations: Manhattan, New York, Bob Menendez of, Bob Menendez of New Jersey, York, John Fetterman of Pennsylvania, Jersey, Vermont, Debbie Stabenow of Michigan

☆ What people are saying about the US auto worker strike
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +3 min

Sept 15 (Reuters) - The United Auto Workers union launched simultaneous strikes at three factories owned by General Motors (GM.N), Ford (F.N) and Chrysler parent Stellantis (STLAM.MI) on Friday, kicking off the most ambitious U.S. industrial labor action in decades. "I’m looking forward to joining our auto workers on the picket line this weekend. For the sake of Michigan’s economy and our working families, I hope this strike is short-lived. "American families are already feeling economic pressures from near-record-high inflation, and this will only inflict more pain. We urge a swift resolution to end this strike and avoid further undermining the strength of our industry and harming our broader economy."

Persons: ELISSA SLOTKIN, we’ve, ” JAY TIMMONS, DEBBIE STABENOW OF, Joseph White, David Shepardson, Trevor Hunnicutt, Peter Henderson, Anne Marie Roantree, Jamie Freed Organizations: United Auto Workers, General Motors, Ford, Chrysler, Ford Bronco, Chevrolet, UAW, Company, DEMOCRATIC U.S, ELISSA SLOTKIN OF, NATIONAL ASSOCIATION, ”, Thomson Locations: Chevrolet Colorado, ELISSA SLOTKIN OF MICHIGAN, China, Detroit, DEBBIE STABENOW OF MICHIGAN, Washington, San Francisco

☆ Democratic Sen. Tom Carper says he won't seek re-election in 2024
▼ + stars: | 2023-05-22 | by ( Summer Concepcion | ) www.cnbc.com time to read: +3 min

Sen. Tom Carper (D-DE) speaks during a news conference after the first Democratic luncheon meeting since COVID-19 restrictions went into effect on Capitol Hill in Washington, April 13, 2021. Sen. Tom Carper, D-Del., announced Monday that he will not seek re-election next year after more than 20 years in the Senate. During his time in the Senate, Carper served as the chair of the Senate Committee on Environment and Public Works and as a senior member of the Senate Finance Committee. Delaware hasn't had a Republican hold statewide office since 2018, when long-time GOP auditor Tom Wagner declined to seek re-election. Dianne Feinstein of California and Debbie Stabenow of Michigan have announced their plans to not to seek re-election next year.

WASHINGTON, May 16 (Reuters) - Rural electric cooperatives, utilities, and other energy providers will soon be able to apply for nearly $11 billion in grants and loans for clean energy projects, funded by the $430 billion Inflation Reduction Act signed into law last August, the Biden administration said on Tuesday. Expanding clean energy to rural communities is critical to meeting the administration's goal of net-zero emissions by 2050, officials told reporters on a Monday press call. Rural electric cooperatives will be eligible to apply beginning July 31 for $9.7 billion in grants for deploying renewable energy, zero-emission, and carbon capture systems, the Department of Agriculture (USDA) said. Rural electric cooperatives serve 42 million people and draw about 22% of their energy from renewable sources, according to the National Rural Electric Cooperative Association (NRECA). The new funds will help rural electric cooperatives reach parity with private utility companies who have already begun significant investment in clean energy, Vilsack told reporters.

☆ Photo of Chuck Schumer's notes show he's 'hopeful' Dianne Feinstein returns to the Senate next week
▼ + stars: | 2023-05-03 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

Chuck Schumer and Dianne Feinstein are "hopeful" she'll return to the Senate next week, per a photograph of Schumer's notes. Feinstein hasn't voted in the Senate since mid-February, around the time of her shingles diagnosis. In her absence, Senate Democrats have faced difficulties confirming judges. With Feinstein absent from the Senate, Senate Republicans — along with Democratic Sen. Joe Manchin — voted 50-49 to roll back a Biden-era Environmental Protection Agency rule regarding pollution from trucks. Several prominent California Democrats have already declared to run for her seat, including Reps. Adam Schiff and Katie Porter.

☆ Telling Dianne Feinstein to resign is sexist and 'unprecedented,' women Democratic senators say
▼ + stars: | 2023-04-19 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +7 min

But Democratic women in the Senate say gender is playing a role in how her absence is being handled. But women Democratic senators told Insider at the Capitol on Wednesday that they believe sexism is at play and that the chamber's longest-serving Democrat is being held to an unfair standard because she is a woman. More recently, Democratic Sen. John Fetterman of Pennsylvania was recently absent from the chamber for six weeks as he sought treatment for clinical depression. "I think it's important for Senator Feinstein to do what is what is best for her," said Democratic Sen. Jeanne Shaheen of New Hampshire. "I just believe that it's not somebody else's assessment to make; it's her assessment to make," said Democratic Sen. Tammy Baldwin of Wisconsin.

☆ Senate Democrats urge Walmart, Costco, Albertsons and Kroger to sell abortion pill mifepristone
▼ + stars: | 2023-03-14 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

Erin Hooley | Tribune News Service | Getty ImagesSenate Democrats called on Walmart , Costco , Albertsons and Kroger to sell the prescription abortion pill mifepristone and clearly let customers know how to get it at their pharmacies. The companies have not publicly stated yet whether they plan to sell mifepristone at their pharmacies. The 17 senators told Walmart CEO Doug McMillon, Costco CEO Craig Jelinek, Albertsons CEO Vivek Sankaran and Kroger CEO Rodney McMullen that they are frustrated the companies have not yet publicly indicated whether they will sell mifepristone. Major retailers in the U.S. have been thrust in the middle of the nation's deep divisions over abortion as they weigh whether to sell mifepristone. Walgreens has come under fire after it told the GOP attorneys general that it would not sell mifepristone in their states.

☆ Democrats will be defending a slim Senate majority in 2024. Here's an early look at the states that will likely be in play for both political parties.
▼ + stars: | 2023-01-01 | by ( John L. Dorman | ) www.businessinsider.com time to read: +7 min

The 2024 Senate elections — which will run concurrent with the presidential race — are approaching. In 2024, 34 senators will be up for reelection: 20 Democrats, 11 Republicans, and three Independents. But Sinema's election itself is another matter; she has not yet announced whether she will run for reelection in 2024. He has not yet decided if he will run in 2024, but Republicans have been eyeing his seat for years. But he has done it before, winning in 2018 despite Republicans going all-out to defeat him.

2 Democrat, told CNN when asked if party leaders should stay out of the race. “I’m just not worried about folks who may not like this approach,” Sinema told CNN on Thursday. On Monday, he wouldn’t say if he believes Democratic leaders should try to knock her off in 2024. Like Sinema, party leaders are now watching Manchin closely as he weighs whether to run in 2024. “I worked very closely with Sen. Sinema – two years now to get stuff done,” Kelly said.

REUTERS/Jonathan Ernst/File PhotoNEW YORK, Dec 1 (Reuters Breakingviews) - A congressional grilling on cryptocurrency answered a lot of questions, but far more about the ignorance on Capitol Hill than digital currencies. More bizarrely, Roger Marshall, also a Republican, suggested a “pause in this cryptocurrency digital world” while Congress gets its “arms around it,” a process he said could take years. Marshall also referenced central bank digital currencies, but those will fall under the U.S. Federal Reserve’s purview if the central bank approves such a project. Bitcoin has been around for more than a decade, however, and Congress has failed to craft relevant laws to oversee crypto. The hearing was the first of several planned to examine FTX’s bankruptcy, cryptocurrency regulation, and agency jurisdiction over digital assets.

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