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WASHINGTON — As Speaker Mike Johnson marks one year on the job Friday, he’s fighting hard to preserve House Republicans’ razor-thin majority — and his speakership. I’m going to be the speaker of the House,” Johnson said in a recent sit-down interview with NBC News at a campaign stop in Hellertown, Pennsylvania. "It's going to be a free-for-all" if Republicans lose the House and Trump loses the White House, a third House GOP lawmaker added. 2 GOP leader, Scalise also has not spoken publicly about what he’d run for in the minority. House Majority Leader Steve Scalise, R-La., is expected to run for minority leader if Republicans lose the House.
Persons: Mike Johnson, Republicans ’, Johnson, Johnson —, , Nancy Pelosi, Johnson’s, Steve Scalise, Jim Jordan, hasn’t, , I’m, ” Johnson, Al Drago, Tom Emmer, Elise Stefanik, eyeing, Donald Trump, Jordan, They’ve, Scalise, John James, Tom Barrett, Joe McGraw of, “ Jordan, Kevin McCarthy’s, Emmer, , Republicans —, Tom Williams, Trump, Republicans eke, “ He’s, Thomas Massie, Paul Gosar, Marjorie Taylor Greene, Scott Perry, Perry wouldn’t, ” Perry, Mike, he’s, David Valadao, ” Valadao, Patrick McHenry, McCarthy, Derrick Van Orden, ” Van Orden Organizations: WASHINGTON, Republicans, Louisiana Republican, GOP, Republican, NBC News, Trump, Bloomberg, Getty, National Republican Congressional, Joe McGraw of Illinois, Inc, Capitol Hill, FISA, Freedom Caucus, Intelligence, Democratic, Washington , D.C, Wisconsin GOP Locations: Louisiana, Ohio, Hellertown , Pennsylvania, Pacific Northwest, Washington, Michigan , Illinois, Minnesota, Michigan, Jordan, Israel, Ukraine, Ky, Trump, Perry’s, Washington ,, R, Wisconsin
“With North Carolina, I mean, it’s legitimate. And despite concerns that hurricane damage could suppress turnout in Western North Carolina, state data suggests that voters have not been widely disenfranchised. And on Wednesday, the day before Raiklin’s presentation, USPS put out a statement stating that all North Carolina processing facilities and most retail locations are open. North Carolina Rep. Patrick McHenry told reporters Friday, “It makes no sense whatsoever to prejudge the election outcome and that is a misinformed view of what is happening on the ground in North Carolina. Bless his heart.”And National Republican Congressional Committee Chairman Richard Hudson, who is also from North Carolina said candidates should focus on turning out the vote.
Persons: Donald Trump, Trump, Andy Harris, ” Harris, Ivan Raiklin, Raiklin, Harris ’, ” Raiklin, Harris, I’ve, “ What’s, , Karen Brinson Bell, Patrick McHenry, Richard Hudson, , Andy, Let’s, ” Hudson, Kamala Harris, Joe Morelle, , Mike Pence Organizations: CNN, Caucus, Trump, North, Republican, North Carolina Rep, Administration, “ Extreme Republican, Capitol Locations: North Carolina, Western North Carolina, Hurricane, Maryland, America, North, New York
“Taiwan's membership at the IMF would help boost financial resilience,” the Taipei Economic and Cultural Representative Office in Washington said during this week's IMF and World Bank annual meetings. Taiwan also is seeking to participate in the U.N. World Health Organization's annual World Health Assembly and join Interpol. But China, which sees Taiwan as a breakaway province and threatens to annex it by force, has blocked such efforts and insists it represent Taiwan in international forums. The island is now designated as “Taiwan Province of China” in IMF literature. The U.S. House has approved a bill that would direct the United States to advocate for Taiwan’s IMF membership.
Persons: , Donald Trump, Bo Li, Patrick McHenry, ” McHenry, Young Kim, Fatima Hussein Organizations: WASHINGTON, , International Monetary Fund, IMF, Cultural, World Bank, U.S, Health Assembly, Interpol, U.S . State Department, People’s Bank of China, Taiwan Academy of Banking, Finance, U.S . House, Democrats, North Carolina Republican, Financial Services, United Nations, Associated Press Locations: — Taiwan, Poland, Taipei, Washington, Taiwan, U.S, China, Taiwan Province, United States, Japan, Taiwan Strait, Beijing, Kosovo, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Patrick McHenry: SEC hearing is the result of four years of mismanagementHouse Financial Services Committee chairman Rep. Patrick McHenry (R-N.C.) joins ‘Squawk Box’ to discuss what he is hoping for in today's hearing with SEC Chair Gary Gensler, how the election could change the agency, and more.
Persons: Patrick McHenry, Gary Gensler Organizations: SEC, Financial Services
Rep. Patrick McHenry, R-N.C., sharply criticized other politicians on Tuesday for making public comments about what the Federal Reserve should do with its interest rate policy. McHenry, the outgoing chair of the House Financial Services Committee, said it was an '"outrage" that some politicians are publicly lobbying the central bank about rate cuts. "Senators that are trying to direct the Fed on rate policy are really demeaning their role. McHenry's comments came one day before the U.S. central bank is widely expected to start cutting interest rates for the first time since 2020. Coming in the middle of a presidential election cycle, the change in Fed policy has stirred speculation as to whether the central bank would be influenced by political considerations.
Persons: Patrick McHenry, Kevin McCarthy, McHenry, , Jerome Powell, Joe Biden, Democratic Sens, Elizabeth Warren of, John Hickenlooper of, Sheldon Whitehouse, Warren, Whitehouse, Trump, Sen, Mike Lee, Trump's Organizations: Rep, U.S, Capitol, Federal, Financial Services, Senators, United, Trump, Democratic, Fed, Republicans, Georgetown University's Psaros, Financial Markets Locations: R, Washington, United States, U.S, Elizabeth Warren of Massachusetts, John Hickenlooper of Colorado, Rhode, Utah
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Patrick McHenry on Powell testimony, crypto regulation and 2024 raceHouse Financial Services Committee chairman Rep. Patrick McHenry (R-N.C.) joins 'Squawk Box' to discuss day two of Fed Chair Powell's testimony on Capitol Hill, what he hopes to hear from Powell, state of the crypto regulation, 2024 election, and more.
Persons: Patrick McHenry, Powell Organizations: Financial Services, Capitol Locations: Powell
House passes first crypto bill: Here's what you need to know
  + stars: | 2024-05-23 | 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 passes first crypto bill: Here's what you need to knowRep. Patrick McHenry (R-N.C.) joins 'Squawk Box' to discuss the House of Representatives' latest passage of a first-of-its-kind cryptocurrency bill, the odds of the bill's passage in the Senate, and more.
Persons: Patrick McHenry Organizations: Email House, Senate
CNBC reached out to the SEC about the recent batch of Wells notices sent to crypto firms, and an agency spokesperson declined to comment. Exchanges, both centralized and decentralized, would be forced to choose between registering with the SEC, or delisting ether altogether. watch nowBoth Consensys and Uniswap suggest the SEC's broad approach to classifying securities may be outdated. "The SEC is arguing that the Uniswap protocol is an unregistered securities exchange, and that the Uniswap interface and wallet are both unregistered broker brokers," Ammori said. Uniswap argues in its response to the SEC that the majority of its trading volume is obvious nonsecurities, like ether, bitcoin and stablecoins.
Persons: Marvin Ammori, “ Ammori, Wells, Consensys, overreach, Joseph Lubin, Lubin, , , Christopher Gerold, Laura Brookover, Brookover, ethereum, Bill Hinman, Hinman, Patrick McHenry, Gary, Crypto, haven't, Uniswap, Ammori, there's, Alma Angotti, Guidehouse, Coinbase, We've, Christina Rea, We're, CNBC's Jordan Smith Organizations: Securities and Exchange Commission, Uniswap, SEC, Ethereum Foundation, CNBC, Security, New, New Jersey Bureau of Securities, Consensys, Securities, Exchange Commission's, of Corporation Finance, Rep, Robinhood Locations: U.S, Lubin, New Jersey, ethereum, R
U.S. probe finds widespread sexual misconduct at FDIC
  + stars: | 2024-05-07 | by ( ) www.cnbc.com   time to read: +2 min
The Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and other misconduct, according to an independent report released on Tuesday that raises questions about the future of the banking regulator's leadership. The report, prompted by a Wall Street Journal investigation, cited accounts from more than 500 people, including some who alleged FDIC Chair Martin Gruenberg had engaged in bullying and verbal abuse. "For far too many employees and for far too long, the FDIC has failed to provide a workplace safe from sexual harassment, discrimination, and other interpersonal misconduct," said the report, adding that those accused of misconduct were frequently reassigned new roles. "Chair Gruenberg must accept responsibility and must immediately work to make fundamental changes to the agency and its culture." Some employees described Gruenberg as "harsh" and "aggressive", as well as prone to losing his temper, the report said.
Persons: Martin Gruenberg, Cleary Gottlieb, Gruenberg, Patrick McHenry, Sherrod Brown Organizations: Federal Deposit Insurance Corporation, Wall Street Journal, FDIC, WSJ, Democrat, Republican, Financial Services, Banking, Housing, Urban Affairs Committee
Retiring lawmakers are once again saying that their $174,000 salary isn't enough. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . That's what happened when Rep. Patrick McHenry, one of many retiring House Republicans, told an interviewer earlier this year that the $174,000 salary that rank-and-file members of both the House and Senate receive is not enough. Now, even more retiring lawmakers are saying the same thing — and acknowledging that they may not be saying it if they weren't on their way out the door. The salary has remained the same since 2009, and if it had kept pace with inflation, lawmakers would now be making more than $250,000 annually.
Persons: haven't, , they're, Patrick McHenry, McHenry, Ken Buck, I'd, Buck, Tony Cárdenas, I've, Anna Eshoo, it's, Alexandria Ocasio, Cortez, Ken Cuccinelli — Organizations: Service, House Republicans, Colorado Republican, New York Times, California Democrat, Times, Democratic, Trump Locations: California, Alexandria, Cortez of New York
Rep. Devin Nunes, R-Calif., ranking member of the House Intelligence Committee, speaks during an impeachment inquiry hearing in Washington, Nov. 13, 2019. Trump Media CEO Devin Nunes on Tuesday urged House Republican committee leaders to investigate possible "unlawful manipulation" of the company's stock. Trump Media, which began trading on the Nasdaq on March 26 after completing a lengthy public merger, was far and away the most expensive U.S. stock to short as of early April. The letter comes as the stock price of Trump Media, which created the social media app Truth Social and is majority-owned by former President Donald Trump, continues to trend down in volatile trading sessions. The stock dropped nearly 5% early Wednesday but turned positive before noon, trading around $33 per share.
Persons: Devin Nunes, Nunes, Patrick McHenry, Jim Jordan, Jason Smith, James Comer, Donald Trump, DJT Organizations: House Intelligence, Trump Media, Republican, GOP, Nasdaq, Financial Locations: Washington, R, Ohio, Spokespeople
I think providing aid to Ukraine right now is critically important,” the speaker added. House TVThe speaker’s embrace of Ukraine aid represents a remarkable evolution for Johnson, who voted against funding for the country as a rank-and-file member. Johnson drags his feetJohnson did not come to his decision on how to handle foreign aid quickly. “Slow,” New York Rep. Gregory Meeks, the top Democrat on the House Foreign Affairs Committee, said when asked how Johnson handled Ukraine aid. In recent weeks, allies counseled Johnson to keep the former president in the loop on his potential foreign aid plans.
Persons: Manu Raju ”, Johnson, Mike Johnson, Hakeem Jeffries, Jeffries, Taiwan –, Michael McCaul, , ” Johnson, Derrick Van Orden, Matt Gaetz, , Johnson –, Kevin McCarthy, , Joe Biden, Donald Trump’s, Mike Pompeo, Volodymyr Zelensky, Zelensky, Bill Burns, Marjorie Taylor Greene, ” Jeffries, Biden, Mitch McConnell, Gregory Meeks, Patrick McHenry of, Trump, Johnson’s, ” Trump, Eli Crane, McCarthy, Bob Good, Johnson “, Greene, Al Green, Van Orden, Gaetz, I’m, ” Van Orden, Chip Roy’s, Bob Good’s, Kent Nishimura, Paul Gosar, Johnson’s speakership, We’re, we’ve, Tom Cole of, ” Cole, “ There’s, Warren Davidson, CNN’s Haley Talbot, Morgan Rimmer Organizations: GOP, CNN, Democratic, Louisiana Republican, Foreign, , Florida Republican, Senate, Republican, Ukraine, CIA, Naval Academy, Israel, Internal Revenue Service, New York Rep, House Foreign Affairs, Patrick McHenry of North Carolina, Lago, Arizona, Democratic Rep, Navy, Navy Seals, Wisconsin Republican, Capitol, Democrats, Republicans, GOP Rep, ” Veteran GOP Locations: Iran, Israel, Ukraine, Washington, Louisiana, Taiwan, Florida, American, Marjorie Taylor Greene of Georgia, Patrick McHenry of North, Iranian, Virginia, Texas, Wisconsin, House, Arizona, Tom Cole of Oklahoma, Ohio
Beyond the academic argument, whether the Fed cuts interest rates has a significant political bearing this year. Voters are unhappy about higher prices, and they feel weighed down by high interest rates, too. Interest rates may seem abstract, but they can have a real impact on how people view their financial situations. But lowering interest rates should make people feel better about economic conditions and could give Democrats and Biden a boost. He's well aware lower interest rates would boost the economy, lift people's moods, and, ultimately, help the party in charge.
Persons: Jay Powell, — Donald Trump —, Powell, Joe Biden, Patrick McHenry, McHenry, Skanda Amarnath, it's, Larry Summers, Biden, Amarnath, — Trump, Hillary Clinton's, Richard Nixon, Ronald Reagan, Paul Volcker, Volcker, shied, Trump, Elizabeth Pancotti, Sarah Binder, Binder, what's, They've, Diane Swonk, Emily Stewart Organizations: Federal, Trump, Republican, Financial Services, Fed, Roosevelt Institute, George Washington University, Reserve, KPMG US, Business Locations: North Carolina, It's, America, Roosevelt
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Patrick McHenry: Fed Chair Powell needs to make clear he won't be 'political data-dependent'House Financial Services Committee chairman Rep. Patrick McHenry (R-N.C.) joins 'Squawk Box' to preview Fed Chair Powell's testimony on Congress today, what he hopes to hear from the Fed Chair, and more.
Persons: Patrick McHenry, Powell Organizations: Financial Services
Mark Harris has won the Republican nomination for a U.S. House seat in North Carolina, giving the pastor a second chance to go to Washington after a 2018 absentee ballot scandal. Harris will face Democrat Justin Dues in November in a district running from Charlotte east to Lumberton that was drawn to heavily favor Republicans. While the investigation led to charges against several people and some convictions, Harris wasn’t charged, cooperated with investigators and called for a new election. Harris did not run again, however, and the seat was won by Republican U.S. Rep. Dan Bishop. In addition, Republicans Bishop and U.S. Rep. Patrick McHenry decided not to run again, opening their Republican-dominated districts to new representation.
Persons: Mark Harris, Harris, Allan Baucom, Justin, Harris wasn’t, Dan Bishop, Bishop, , Kelly Daughtry, Brad Knott, Daughtry, Addison McDowell, Mark Walker, Patrick McHenry Organizations: Republican, U.S, Union, U.S . House, State Board, Republican U.S . Rep, Blue Shield, U.S . Rep, Democratic, Republicans, Assembly, Republicans Bishop Locations: North Carolina, Washington, state's, Union County, Charlotte, Lumberton, District, Smithfield, Raleigh, 6th, North Carolina's
Climate disclosures would be made in annual filings companies make to the SEC, such as a Form 10-K, and in registration statements filed before an initial public offering. "I think climate disclosures have largely become table stakes for the investment community," said Lindsey Stewart, director of investment stewardship research at Morningstar. Current climate disclosures are 'uncommon'Ships on the Panama Canal on August 21, 2023. Shipping experts fear such events could become the new normal as rainfall shortfalls highlight climate risks. The SEC proposal outlined three tiers of emissions disclosures: Scopes 1, 2 and 3.
Persons: Gary Gensler, Win Mcnamee, , Lindsey Stewart, Daniel Gonzalez, Stewart, They'd, Rachel Curley, Hurricane Idalia, Christian Monterrosa, Cowen, Patrick McHenry, Sen, Tim Scott, Bill Huizenga, Chris Ratcliffe, They're Organizations: Securities, Exchange, Financial Services, General, Getty, The Securities, Exchange Commission, SEC, Morningstar, Panama Canal Authority, Shipping, Anadolu Agency, P Global, Corporations, U.S . Sustainable Investment, Hurricane, Bloomberg, Republicans, Economic, Deloitte Locations: Washington, Panama, U.S, Cedar Key , Florida, R
“Now, we are in a fully Johnson-run House, and he’s got to own all the decision making in the 12 appropriations bills. Probably not best for public policy either,” Republican Rep. Patrick McHenry of North Carolina, the chairman of the House Financial Services Committee, said. Johnson is facing pressure from members of the House Freedom Caucus to include dozens of policy riders that would never pass in the Democratic-controlled Senate. Just a week later, funding for the rest of the government will also lapse. I think we will see another omnibus appropriation bill.”Asked if that causes a problem for Johnson, Bishop argued, “The speaker didn’t create those problems.”
Persons: Mike Johnson, Senate appropriators, Johnson, he’s, That’s, Patrick McHenry of, , imploring, Alejandro Mayorkas’s, they’ll, can’t, Chuck Schumer, , Kevin McCarthy, ” Rep, Don Bacon, “ It’s, Mayorkas, Warren Davidson, ’ ”, Davidson, Andy Biggs, “ We’ve, ” Biggs, Dan Bishop, , Bishop Organizations: Republicans, Senate, ” Republican, Financial Services, Caucus, Democratic, Homeland, FBI, HFC, Department of Agriculture, Veteran’s Affairs, Transportation, Housing, Energy, Water, CNN, Congress, , Republican, Defense Department, Foreign Intelligence, GOP, Locations: Patrick McHenry of North Carolina, Florida, Nebraska, Ukraine, Ohio, North Carolina
CNN —House Republicans were shocked by some of the recent high-profile retirements announced by their colleagues, which have included powerful committee chairs and rising stars inside the GOP. And on the Energy and Commerce Committee alone – a highly sought-after assignment – there are eight Republicans who are retiring. “So, yeah, I’m very worried about it.”Others, however, said the turnover is completely normal, especially since the House GOP has self-imposed term limits for chairs, which they argued allows them to inject new blood into the ranks. We probably need a few more retirements.”McCarthy – who resigned at the end of last year – suggested that was perhaps the goal of hard-liners like Good and GOP Rep. Matt Gaetz of Florida who voted to oust him. It’s just a number of things piling up,” said House Science Committee Chair Frank Lucas, reflecting on the retirements.
Persons: “ They’ve, we’re, , Ken Buck, Don Bacon of Nebraska, ” Bacon, Carlos Gimenez, Kevin McCarthy, , it’s, , Cathy McMorris Rodgers, Mike Gallagher of, Alejandro Mayorkas, Greg Pence, Pfluger, Tom Cole, I’ve, I’m, Bob Good, ” Good, ” McCarthy –, Matt Gaetz, Gaetz, ” McCarthy, Frank Lucas, Mark Green of, Debbie Lesko of, McCarthy, ” Lesko, can’t, Brian Fitzpatrick, Steve Womack, Donald, Trump, Kelly Armstrong of, , Erin Houchin, Patrick McHenry of, Chuck Fleischmann of Tennessee Organizations: CNN — House Republicans, CNN, GOP, Energy, impeaching Homeland, Commerce, Indiana, Republicans, Congress, Capitol, , House Homeland Security Committee, Representatives, Financial Locations: Ken Buck of Colorado, Carlos Gimenez of Florida, Washington, China, Mike Gallagher of Wisconsin, Texas, Congress, Florida, Mark Green of Tennessee, Debbie Lesko of Arizona, Pennsylvania, Arkansas, New York, Kelly Armstrong of North Dakota, Erin Houchin of Indiana, Patrick McHenry of North Carolina
House Republicans keep calling it quits, even though they're in the majority. Republican Rep. Mike Gallagher of Wisconsin announced his retirement on Friday after facing backlash over his vote against it. But like other retiring Republicans, they've apparently decided it's just not worth it. Taking those factors into account, you're left with eight retiring Democrats and 15 retiring Republicans. — that I can go campaign on and say we did," said Republican Rep. Chip Roy of Texas in a November floor speech.
Persons: , Mark Green of, he's, Alejandro Mayorkas, Green, Axios, Mike Gallagher, Gallagher, they've, it's, Jennifer Wexton, Patrick McHenry of, Cathy McMorris Rodgers, Kevin McCarthy, George Santos, Chip Roy Organizations: Republicans, Service, Republican, Homeland Security, Wisconsin, House Press, Democratic, North, North Carolina Democrats Locations: Mark Green of Tennessee, Virginia, North Carolina, Patrick McHenry of North Carolina, Washington, Texas
The House of Representatives, by an extremely narrow margin, voted Tuesday to impeach Homeland Security Secretary Alejandro Mayorkas, the first Cabinet secretary to be impeached in almost 150 years. The Department of Homeland Security said that House Republicans “will be remembered by history for trampling on the Constitution” following the vote to impeach. “Secretary Mayorkas and the Department of Homeland Security will continue working every day to keep Americans safe,” the statement said. Ken Buck, Tom McClintock, and Mike Gallagher are three House Republicans who voted against impeaching Mayorkas. Mayorkas has sent a letter to House Republicans to defend his record in public service in advance of the vote.
Persons: Alejandro Mayorkas, Mayorkas, Joe Biden, William Belknap, Republicans – Ken Buck, Republicans – Ken Buck of Colorado, Mike Gallagher of, Tom McClintock, California –, Republicans “, Mia Ehrenberg, Steve Scalise, Texas Democrat Al Green, Ken Buck, Mike Gallagher, impeaching Mayorkas, , Troy Nehls, we’re, , Lance Gooden, Patrick McHenry of, Kevin McCarthy, Mike Johnson, “ He’s, Ian Sams, Chuck Schumer’s, Pro Tempore Patty Murray, ” Schumer, Johnson, Donald Trump, ” Mayorkas, CNN’s Morgan Rimmer, Manu Raju Organizations: Homeland, Republicans, Biden, Department of Homeland Security, , Texas Democrat, AP, Getty, GOP, CNN, Texas, Democratic, Pro Tempore, House Republicans, , Communist, Democrats, Homeland Security, Republican, Border Patrol Locations: Republicans – Ken Buck of, Mike Gallagher of Wisconsin, California, Israel, Texas, , Patrick McHenry of North Carolina, Cuba
“I was embarrassed for our conference, for our party, because we can do better than we did last night,” said GOP Rep. Lance Gooden of Texas. It was a huge mistake,” said GOP Rep. Patrick McHenry of North Carolina, an ally to former Speaker Kevin McCarthy. And the stunning defeat, which prompted a chaotic scene on the House floor, completely overshadowed the Democratic opposition to the Israel bill. “The Democrats played hide and seek with us,” GOP Rep. Carlos Gimenez of Florida told CNN. We’ll put it back up.”For their part, Democrats took a victory lap in their maneuvering that led to a nail-biter vote and embarrassment for House Republicans.
Persons: Alejandro Mayorkas, Troy Nehls, , we’re, , Lance Gooden, GOP Sen, Lisa Murkowski, I’ve, I’m, Nancy Pelosi, George Santos, Pelosi, Ralph Norman of, Patrick McHenry of, Kevin McCarthy, Mike Johnson, “ He’s, Jen Kiggans, Johnson, speakership, ” Johnson, Donald Trump, Mitch McConnell’s, James Lankford of, Kevin Dietsch, Mayorkas, Mike Gallagher of, impeaching Mayorkas, ” Gallagher, Hugh Hewitt, Dan Bishop of, Steve Womack, ” Womack, Mitch McConnell, Chip Somodevilla, they’re, , Steve Scalise, Tom Cole of, Al Green of, Carlos Gimenez, “ It’s, Scalise, We’ll, ” Pelosi, ” CNN’s Haley Talbot, Lauren Fox, Sam Fossum Organizations: Homeland, GOP, CNN, Texas, Republican, , Republicans, House Democrats, GOP Rep, Caucus, Congress, Navy, Capitol, Getty, Democratic, Democrat, Arkansas Republican, House Republicans Locations: , Texas, Israel, Alaska, Ralph Norman of South Carolina, Patrick McHenry of North Carolina, Virginia, James Lankford of Oklahoma, Washington , DC, Mike Gallagher of Wisconsin, Dan Bishop of North Carolina, Arkansas, , Washington ,, Tom Cole of Oklahoma, Al Green of Texas, Florida
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Patrick McHenry on spot bitcoin ETFs, border security funding and 2024 raceHouse Financial Services Committee chairman Rep. Patrick McHenry (R-N.C.) joins "Squawk Box' to discuss the state of the Republican party, spot bitcoin ETFs, border security funding, 2024 race, and more.
Persons: Patrick McHenry Organizations: Financial Services, Republican
Read previewRepublican Sen. Mitt Romney of Utah says he believes members of Congress are not paid enough. AdvertisementAsked about McHenry's comments by Business Insider, Romney declared: "I agree." "You have quite a number of members of Congress that sleep in their offices," said Romney. House Speaker Mike Johnson, a man of relatively modest means, has long slept in his Capitol Hill office. And former House Speaker Paul Ryan — Romney's running mate in 2012 — was known to do the same thing.
Persons: , Sen, Mitt Romney, Patrick McHenry, Kevin McCarthy's, aren't, Romney, Mike Johnson, Paul Ryan — Romney's, Ron DeSantis, Kristi Noem, Gregg Harper Organizations: Service, Business, DC, Rep, North Carolina Republican, Dispatch, South Dakota Gov Locations: Utah, Florida
Sen. Elizabeth Warren is backing a pay raise for members of Congress. "Congress should not be the plaything of multimillionaires and billionaires," she told BI. But she also emphasized that congressional staff need a raise even more. AdvertisementSen. Elizabeth Warren is joining calls for members of Congress to get a pay raise. But Warren, who makes plenty of money via book sales, was even more adamant when it came to the need to raise pay for congressional staff.
Persons: Sen, Elizabeth Warren, , who've, Warren, Patrick McHenry of, Alexandria Ocasio, Cortez, hasn't, Republican Sen, JD Vance, Ohio, Vance Organizations: Service, Massachusetts Democrat, Republican, Democratic Rep, Senate, United, Washington Locations: multimillionaires, Patrick McHenry of North Carolina, Alexandria, Cortez of New York, United States
Read previewDemocratic Rep. Alexandria Ocasio-Cortez of New York has long been vocal about the need for members of Congress to get a pay bump. "I've been saying this for some time," Ocasio-Cortez told BI this week. "We need to raise the minimum wage, we need to make childcare financially viable, and we need to do that for every American," she said. Yet polling suggests that the public largely opposes a raise for members of Congress, and plenty of lawmakers — including progressives — argue against it. Advertisement"People who make great contributions to America don't do it for the money," Democratic Rep. Ro Khanna of California told BI this week.
Persons: , Alexandria Ocasio, Cortez, Patrick McHenry, I've, Ro Khanna Organizations: Service, North Carolina Republican, Dispatch, Business, New, Senate, Democratic, California Locations: Alexandria, Cortez of New York, New York, Washington, America
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