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AdvertisementMissy Scalise has begun using AI to cut down on the amount of work she has to do after hours. In 2023, the World Economic Forum reported that employers expected 44% of workers' skills to be "disrupted" within five years. Another challenge with inserting AI into an organization is that it's often difficult to tell which skills workers possess and where they might need training. Charlotte Relyea, a senior partner at McKinsey & Co., believes that leaders need to plan now so they can better forecast the abilities workers will need. Leaders need to think about this as a transformation — what she described as "painting the picture of the future."
Persons: Missy Scalise, Ascension Saint, Suki, Scalise, Chesley Summar, Ravin, Mercer, Jesuthasan, It's, Jon Lester, Lester, it's, Julia Grace Samoylenko, Samoylenko, Gallup, Johnson, Elise Smith, Smith, They're, haven't, you've, Nathalie Scardino, Scardino, Charlotte Relyea, Relyea, she's Organizations: Ascension, International Monetary Fund, Economic, IBM, Johnson, Praxis Labs, Labs, McKinsey & Co, McKinsey Locations: Nashville, upskilling
House Republicans rammed through the impeachment of Homeland Security Secretary Alejandro Mayorkas. AdvertisementHouse Republicans on Tuesday rammed through the impeachment of Homeland Security Secretary Alejandro Mayorkas, marking a historic moment exactly a week after an embarrassing failure. Three Republicans, Rep. Ken Buck of Colorado, Tom McClintock of California, and Mike Gallagher of Wisconsin, joined House Democrats in voting against the measure. The last time Congress impeached a Cabinet secretary was in 1876 when lawmakers impeached former Secretary of War William W. Belknap. Biden has emphasized how the White House tried to strike a bipartisan border-Ukraine deal only for former President Donald Trump and House Republicans to nuke the agreement shortly after its public announcement.
Persons: Alejandro Mayorkas, , Steve Scalise's, Mayorkas, Ken Buck, Ken Buck of Colorado, Tom McClintock of, Mike Gallagher of, Blake Moore, Joe Biden, Biden, George Santos, William W, Belknap . Belknap, aren't, Donald Trump, Marjorie Taylor Greene, Kevin McCarthy's, Greene, Sen, Lindsey Graham, Adam Schiff, Bill Clinton Organizations: Republicans, Homeland, Service, Tuesday, GOP, Rep, House Democrats, Utah Republican, White House, Homeland Security, Mayorkas, U.S, House Republicans, The Georgia Republican, California Democrat Locations: Washington, Ken Buck of, Tom McClintock of California, Mike Gallagher of Wisconsin, Utah, Belknap, U.S . Southern, Ukraine, California, Trump
In a matter of minutes, Republicans failed to impeach Homeland Security Secretary Alejandro Mayorkas. For days after gaining the majority, the GOP was unable to secure enough votes to make Kevin McCarthy House speaker. Between those two events, House GOP leaders lost control of the floor multiple times. Fourteen Republicans joined House Democrats in opposing the aid to Israel, a result that once would have been stunning considering the decades of bipartisan support for the nation. Now, it's just another reminder of how much of a mess Congress, and in particular, House Republicans, have become.
Persons: , Mike Johnson, Alejandro Mayorkas, Johnson, Steve Scalise, Ken Buck, impeaching Mayorkas, Scalise's, Scalise, Bloomberg's Billy House, George Santos, Al Green of, Marjorie Taylor Greene, Kevin McCarthy, Israel package's, Joe Biden's, Biden, Chuck Schumer Organizations: Service, Republicans, Homeland, Business, GOP, Colorado Republican, Democratic, The Washington Post, Republican, House Democrats, House Republicans Locations: Israel, Washington, New York, George Santos ., Al Green of Texas, Ukraine, Taiwan
"There is not a lot of trust," Republican Representative Dusty Johnson, a moderate, told reporters. "It's in the best interest of the country – and House Republicans themselves – to get their act together." PRIOR FAILURESA small band of party hardliners led by Republican Representative Matt Gaetz engineered McCarthy's ouster on Oct. 3. 3 House Republican Tom Emmer withdrew his bid on Tuesday amid opposition from party hardliners. He has a more moderate record than many other House Republicans.
Persons: Mike Johnson, Kevin McCarthy, Dusty Johnson, Johnson, hardliner Jim Jordan, Donald Trump, Jordan, McCarthy, Joe Biden, Jonathan Ernst, Andrew Bates, , Matt Gaetz, Republican Tom Emmer, Joe Biden's, Trump, Emmer, Steve Scalise's, David Morgan, Moira Warburton, Richard Cowan, Makini Brice, Susan Heavey, Scott Malone, Stephen Coates, Jane Merriman Organizations: U.S . House, Republicans, Republican, Lawmakers, Former U.S, Wednesday, Democratic, Senate, U.S, Capitol, REUTERS, GOP, House Republicans, Trump, Emmer, Thomson Locations: East, Ukraine, Louisiana, Washington, Washington , U.S, Israel, U.S
WASHINGTON (AP) — Day 20 without a House speaker, and Republicans found themselves starting over on Monday — bumbling ahead with few ideas about who will lead, what they are fighting over and when they will get Congress working again. Nine lower-level Republican lawmakers are now running to be speaker, leader of the House and second in line to the presidency — none with any clear shot for the gavel. McCarthy himself calls the whole spectacle “embarrassing” for the House Republicans whose majority is being wasted away and for the U.S. government that cannot fully function. Troy Nehls, R-Texas, who has repeatedly suggested Trump should be elected House speaker. The House Republicans dropped Jordan as their nominee late Friday.
Persons: Tom Emmer, Donald Trump, Kevin McCarthy, McCarthy, Matt Gaetz, Joe Biden, , Steve Scalise, Jim Jordan, , Troy Nehls, Trump, Biden, Jordan, Emmer, Patrick McHenry, Republicans —, McHenry, Mitch McConnell, ” McConnell, , Mike Johnson, Kevin Hern, Byron Donalds, Austin Scott of Georgia, Pete Sessions, Jack Bergman of Michigan, Dan Meuser, Gary Palmer of, Dusty Johnson of, Stephen Groves, Jill Colvin, Farnoush Amiri, Kevin Freking Organizations: WASHINGTON, , GOP, Republicans, House Republicans, U.S ., Rep, Federal, Capitol, Republican, Trump, Financial Services, Senate, CBS, Committee, Press Locations: ., Minnesota, Florida, Israel, Ukraine, U.S, Mexico, Texas, R, Louisiana, Pennsylvania, Gary Palmer of Alabama, Dusty Johnson of South Dakota
Asked what he expected as he entered a closed-door meeting with other Republicans, Jordan said only, "I'm not gonna know until I talk to my colleagues." "I can't believe we're going down this route," Republican Representative Jim Banks said. AFTERNOON VOTE POSSIBLEThe House could vote on that proposal in the afternoon, said Republican Representative Marjorie Taylor Greene, who said she does not support it. "Right now the Republican agenda, conservative agenda, is totally derailed," said Republican Representative Mario Diaz-Balart, a Jordan opponent. 2 House Republican, won his party's endorsement last week but dropped out after he was unable to consolidate support.
Persons: House Pro Tempore Patrick McHenry, Jim Jordan, Republican Patrick McHenry, Jordan, McHenry, Kevin McCarthy's, Joe Biden, Jim Banks, Marjorie Taylor Greene, Donald Trump, Mario Diaz, Kevin McCarthy, Steve Scalise, Don Bacon, undercutting, Jordan's, shutdowns, Joe Biden's, Biden, David Morgan, Moira Warburton, Makini Brice, Katharine Jackson, Davide Barbusca, Julio, Cesar Chavez, Andy Sullivan, Scott Malone, Grant McCool, Nick Zieminski Organizations: House Pro Tempore, U.S . Rep, U.S . House, Representatives, Republican, Republicans, Democratic, U.S, White, Democrats, Thomson Locations: WASHINGTON, Washington, Ukraine, Israel
I haven't seen it like this before," said Republican Representative Brian Babin, who voted for Jordan. A small group of Republicans ousted McCarthy from the speaker's chair on Oct. 3, and the chamber's No. "We need a plan more than a person right now," said Republican Representative Bruce Westerman, who also voted for Jordan. Democrats and two past Republican House speakers have backed that idea, but McHenry himself has not. "Intimidating and threatening tactics do not - and will not - work," Republican Representative Mike Simpson wrote on social media.
Persons: Evelyn Hockstein, Jim Jordan, Donald Trump, Kevin McCarthy, McCarthy, Jordan, Brian Babin, Steve Scalise, Bruce Westerman, Patrick McHenry, Hakeem Jeffries, who's, MAGA, Jeffries, McHenry, you've, Steve Womack, shutdowns, Joe Biden's, Biden, undercutting, Mike Simpson, David Morgan, Moira Warburton, Makini Brice, Katharine Jackson, Andy Sullivan, Scott Malone, Grant McCool Organizations: U.S . House, U.S, Capitol, REUTERS, Rights, Ohio, Republicans, Republican, Democrats, Lawmakers, White, Senate, Thomson Locations: Washington , U.S, U.S, Israel, Ukraine, Ohio, Washington
Rep. Jim Jordan's speakership bid has been thwarted — for now. Call it the revenge of the Republicans you've never heard of — the ones who aren't regularly featured on Fox News, who don't have massive social media followings, and who aren't known for styling themselves as right-wing crusaders. If Jordan's speakership bid ultimately fails, it will signify a stunning turnaround for a party that's been in thrall to its loudest voices since the ascent of Donald Trump in 2015. AdvertisementAdvertisement81 House Republicans — more than a third of the conference — voted for him anyway. 20 House Republicans voted against him on Tuesday, 22 voted against him on Wednesday, and even more were expected to vote against him on a potential third vote.
Persons: Jim Jordan's speakership, , Kevin McCarthy's, Matt Gaetz, Gaetz's, Jim Jordan, Republican holdouts, Republicans you've, aren't, McCarthy, Gaetz, Pro Tempore Patrick McHenry —, Jordan's, that's, thrall, Donald Trump, Austin Scott, Austin Scott of, Jordan, Scott, Republican who's, Steve Scalise's, Scalise, underscoring, Lauren Boebert, wasn't, Republicans —, — Gaetz, Chip Roy, Paul Gosar of, Kay Granger, Republicans who’s, Anna Moneymaker, Anthony D'Esposito, Steve Womack, who's, Sean Hannity, they've, Jordan hasn't, Austin Scott's, Jack Bergman, Tom Williams, Jack Bergman —, General Bergman, James Hogge, Dan Meuser Organizations: Republicans, Service, Rep, , Republican, Fox News, Ohio Republican, Pro Tempore, North Carolina —, GOP, Democrat, Georgia Republican, Freedom Caucus, New York Republicans, Republican Governance Group, Trump, Images Locations: Florida, Ohio, North Carolina, Austin Scott of Georgia, Colorado, Boebert, Texas, Paul Gosar of Arizona, Kay Granger of Texas, Arkansas, @RepKayGranger, Pennsylvania
On Wednesday, Rep. Jim Jordan failed to win the speaker's gavel for the second time. In a striking blow to his candidacy, even more House Republicans voted against him than last time. The House of Representatives held a second vote on the matter on Wednesday, one day after 20 House Republicans voted against their own party's nominee for the top job. AdvertisementAdvertisementThe Republicans who voted against Jordan supported a range of other candidates, including McCarthy, Scalise, and former Rep. Lee Zeldin. Here are the 22 Republicans who voted against Jordan:
Persons: Jim Jordan, , Jim Jordan of, Jordan, Steve Scalise's, Scalise, Kevin McCarthy, McCarthy, — Rep, Scott Perry, Pennsylvania, Perry, Patrick McHenry, Lee Zeldin, Hakeem Jeffries Organizations: Republicans, Service, Ohio Republican, Twitter Locations: Jim Jordan of Ohio, Ukraine, Israel
Many expected that pick to be House Judiciary Committee Chairman Jim Jordan, whom Scalise had bested in a secret ballot on Wednesday. His departure from the race angered Republican lawmakers and raised doubts about whether Jordan could drum up the necessary votes. Some lawmakers hope to revive a proposal requiring any candidate to secure 217 Republican votes to become the nominee. 'REWARDING BAD BEHAVIOR'Representative Don Bacon, a Republican centrist, said he and other lawmakers are withholding support for Jordan for now. Given a slim 221-212 House Republican majority, the next speaker can afford to lose support from no more than four Republicans and be elected speaker over Democratic opposition.
Persons: Nancy Pelosi, John Boehner, Steve Scalise, Jim Jordan, Scalise, Kevin McCarthy, Jordan, Andy Barr, Don Bacon, Bacon, Jim, Steve, McCarthy, Dusty Johnson, Greg Murphy, Patrick McHenry, David Morgan, Moria Warburton, Richard Cowan, Scott Malone, Gerry Doyle Organizations: U.S . House, Democratic, Republican, 112th United States Congress, Republicans, Thomson Locations: WASHINGTON
Scalise, the No.2 House Republican, had secured his party's nomination to replace ousted Speaker Kevin McCarthy but was still short of the 217 votes needed to be elected on the House floor, as several of his fellow Republicans said they would not support him. "I just shared with my colleagues that I was withdrawing my name as a candidate for our speaker designee," Scalise told reporters. Jordan has encouraged his supporters to vote for Scalise, according to a source who spoke on condition of anonymity. Trump in an interview with Fox News Radio earlier on Thursday said he did not object to Scalise as speaker. I mean, he's got to get better for himself," he said in an interview with Fox News Radio.
Persons: Steve Scalise, Kevin McCarthy, Scalise, McCarthy, Jim Jordan, Jordan, Donald Trump, Trump, Steve, he's, David Morgan, Moira Warburton, Richard Cowan, Makini Brice, Andy Sullivan, Costas Pitas, Scott Malone, Lisa Shumaker, Grant McCool Organizations: Republican, U.S . House, Representatives, House Republican Conference, Palestinian, Republicans, Scalise, Fox News, Fox News Radio, Thomson Locations: U.S, WASHINGTON
GOP lawmakers have been scrambling to pick their next House Speaker. In a secret ballot held Wednesday, House Republicans nominated Rep. Steve Scalise of Louisiana. AdvertisementAdvertisementRep. Steve Scalise is withdrawing his run for the House Speaker position, The Washington Post reported on Thursday, just a day after House Republicans nominated the Louisiana representative for the role at the GOP conference. The decision came after Scalise failed to secure enough votes to win the Speaker role on Thursday, The Associated Press reported. AdvertisementAdvertisementBut on Wednesday the pick came down to Scalise and Rep. Jim Jordan of Ohio.
Persons: Steve Scalise, Scalise, , Kevin McCarthy, Donald Trump, Jim Jordan of, Jordan, McCarthy, Marjorie Taylor Greene, Nancy Mace, Mace, David Duke, it's Organizations: Republicans, Service, Washington Post, GOP, Associated Press, CBS, Klux Klan, Republican Locations: Louisiana, Scalise, Jim Jordan of Ohio
Several Republicans said they would stick with rival Jim Jordan, who lost to Scalise in a secret-ballot vote on Wednesday. As they came and went from a closed-door meeting, Republicans appeared no closer to breaking the impasse. 'AT A STANDSTILL'Jordan has encouraged his supporters to vote for Scalise, according to a source who spoke on condition of anonymity. Democrats have backed their leader, Hakeem Jeffries, in past speaker votes and are expected to do so again. Trump in an interview with Fox News Radio on Thursday said he did not object to Scalise as speaker.
Persons: Steve Scalise, Scalise, Kevin McCarthy, Scalise's, Jim Jordan, McCarthy, Nicole Malliotakis, Xi, Michael McCaul, Jordan, Marjorie Taylor Greene, Hakeem Jeffries, Donald Trump, Trump, Steve, he's, Steve Womack, Marjorie Taylor Greene's, David Morgan, Moira Warburton, Richard Cowan, Makini Brice, Costas Pitas, Andy Sullivan, Scott Malone, Lisa Shumaker, Grant McCool Organizations: Republican, U.S . House, Representatives, House Republican Conference, Republicans, Palestinian, Scalise, Democratic, Fox News Radio, Thomson Locations: U.S, WASHINGTON
WASHINGTON (AP) — Having won the nomination to be the next House speaker, Rep. Steve Scalise is heading straight into a familiar Republican problem — skeptical GOP colleagues are reluctant to give their support, denying him the majority vote needed to win the gavel. “We did not hear that.”In a floor vote, Scalise would need to amass votes from almost all Republicans to overcome the Democratic opposition in the House that is narrowly split 221-212. Many Republicans want to prevent the spectacle of a messy House floor fight like the grueling January brawl when McCarthy became speaker. One-quarter of Republicans say they approve of the decision by a small group of Republicans to remove McCarthy as speaker. “Long live Speaker Scalise,” Gaetz said after the vote.
Persons: , Steve Scalise, Jim Jordan, Kevin McCarthy, , ” Scalise, McCarthy, holdouts, “ Steve’s, , Jordan, Donald Trump, Hakeem Jeffries, Don Bacon, Steve, Let's, ” Bacon, Marjorie Taylor Greene, Thomas Massie, Anna Paulina Luna, Scalise, Joe Biden, Karine Jean, Pierre said, Matt Gaetz, “ Long, ” Gaetz, Patrick McHenry, Kevin Freking, Seung Min Kim Organizations: WASHINGTON, Republicans, Scalise, Republican, New York Rep, GOP, Democratic, Associated Press, NORC, for Public Affairs Research, White, Freedom Caucus, Trump, Capitol . Trump Locations: Ky, Jordan, R
Rep. Nancy Mace said she "cannot in good conscience" support Rep. Steve Scalise as speaker. She pointed to a years-old report alleging Scalise had compared himself to a KKK grand wizard. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementRepublican Rep. Nancy Mace said she won't be backing Rep. Steve Scalise to become the next speaker of the House because of his previously reported comments about being similar to a Ku Klux Klan leader. Appearing on CNN on Wednesday evening, Mace told host Jake Tapper that she "personally cannot, in good conscience, vote for someone who attended a white supremacist conference and compared himself to David Duke."
Persons: Nancy Mace, Steve Scalise, Scalise, , Mace, Jake Tapper, David Duke, David Duke's, Scalise's, Nancy Mace Facebook, Rand Paul, Elise Stefanik, Kevin McCarthy, George Santos, Thomas Massie Organizations: Service, Klux Klan, CNN, New York Times, Ku Klux Klan, Duke, American Unity and Rights Organization, for Growth, Sen, Republican, Louisiana Republican Locations: Louisiana, American
Rep. Steve Scalise (R-LA) waits to speak during a news conference after a caucus meeting with House Republicans on Capitol Hill May 10, 2023 in Washington, DC. The GOP majority leader from Louisiana does not appear to have the 217 Republican votes needed to win the speaker's gavel at this time given the tight margin in the closely divided House. The party remained divided after the internal ballot and the House adjourned Wednesday evening without a full floor vote on Scalise's candidacy. It is unclear when Scalise will face the House. Greene teased the prospect that Scalise will have to face multiple rounds of voting.
Persons: Steve Scalise, Scalise, Jim Jordan of, Marjorie Taylor Greene, Greene, Kevin McCarthy Organizations: Republicans, Capitol, Republican, GOP, Rep Locations: Washington , DC, Louisiana, Jim Jordan of Ohio, Marjorie Taylor Greene of Georgia
Rep. Steve Scalise, the GOP nominee to the next speaker of the House, has a rare blood cancer. "I guess it's the elephant in the room," said Rep. Tim Burchett of Tennessee, who supports Scalise's speakership bid. Scalise was diagnosed in August with multiple myeloma, a form of cancer that's treatable but not curable, and is currently undergoing chemotherapy. "I will admit it's a concern," said Rep. Keith Self of Texas, who's among the Republicans who have yet to support Scalise. Burchett also suggested that Greene was getting more attention for her remark about Scalise's cancer because she's a woman.
Persons: Steve Scalise, Marjorie Taylor Greene, Scalise, , Tim Burchett, Scalise's, Andy Ogles, Greg Murphy of, Murphy, Russ Fulcher, David Schweikert, Greene, Kevin McCarthy, Jim Jordan of, Trump —, Jordan —, Steve, Trump, Louisiana Republican —, it's, Tom Tiffany of Wisconsin, Jordan, Keith Self, Bob Good, I've, Fulcher, who's, McCarthy, James, Burchett, she's Organizations: GOP, Trump, Service, Louisiana Republican, House Republicans, Scalise, Fox News Locations: Louisiana, Tennessee, Georgia, Greg Murphy of North Carolina, Russ Fulcher of Idaho, Arizona, Jim Jordan of Ohio, Texas, Virginia, chemo
House Republicans just narrowly nominated Rep. Steve Scalise to be their candidate for speaker. But Marjorie Taylor Greene is withholding her support, citing his cancer diagnosis. AdvertisementAdvertisementRep. Marjorie Taylor Greene is vowing to oppose her party's nominee for speaker of the House when it comes to a vote on the floor — because he has cancer. House Majority Leader Steve Scalise narrowly clinched the nomination for speaker during a closed-door meeting on Wednesday, defeating Rep. Jim Jordan of Ohio in a narrow 113-99 vote. Marjorie Taylor Greene🇺🇸 (@RepMTG) October 11, 2023Scalise, whose office did not immediately respond to Insider's request for comment, has insisted that he's still capable of doing the job as he seeks treatment.
Persons: Steve Scalise, Marjorie Taylor Greene, , Jim Jordan of, Jordan, Greene, Marjorie Taylor Greene 🇺🇸 ( Organizations: Republicans, Service, Georgia Republican, Trump, Twitter Locations: Jim Jordan of Ohio
Scalise, 58, on Wednesday narrowly won House Republicans' nomination to the role, which is second in line to the presidency after the vice president, in a closed-door party vote. 2 to Kevin McCarthy, who on Oct. 3 became the first House speaker in history ousted by his own party. McCarthy was the third consecutive Republican speaker to leave the top post due to pressure from his hard-right flank. Whomever House Republicans eventually back as speaker will take on the job at a time when the chamber has a lot on the agenda. The House is controlled by Republicans, while the Senate and the White House are in Democratic hands.
Persons: Steve Scalise, Steve Scalise's, Donald Trump, Kevin McCarthy, I'm, Mark Alford, Scalise, McCarthy, Jim Jordan, Trump, supremacists, David Duke, Biden, Makini Brice, Scott Malone, Cynthia Osterman, Gerry Doyle Organizations: ., Republican Conference, Capitol, U.S . House, Republican, Wednesday, House Republicans, Deepwater, Fox News Channel, Ku Klux Klan, American Unity and Rights Organization, Republicans, Thomson Locations: Washington , U.S, WASHINGTON, New Orleans, Louisiana's, Canada, Mexico, American
"Obviously we still have work to do," Scalise, who is being treated for a form of blood cancer, told reporters on Wednesday. "We're going to have to go upstairs on the House floor and resolve this and then get the House opened again. McCarthy was the third consecutive Republican speaker to leave the top post due to pressure from his hard-right flank. If he is elected speaker, Scalise will take control of the House at a time when it has a lot on the agenda. The House is controlled by Republicans, while the Senate and the White House are in Democratic hands.
Persons: Steve Scalise, Donald Trump, Scalise, Kevin McCarthy, McCarthy, Joe Biden, Volodymyr Zelenskiy, Trump, supremacists, David Duke, Biden, Makini Brice, Moira Warburton, Scott Malone, Cynthia Osterman Organizations: ., Republican Conference, Capitol, U.S . House, Republican, Republicans, Deepwater, Fox News Channel, Ku Klux Klan, American Unity and Rights Organization, House Republicans, Thomson Locations: Washington , U.S, WASHINGTON, U.S, New Orleans, Louisiana's, Canada, Mexico, Ukraine, American
Jordan, a 17-year House veteran from Ohio who chairs the Judiciary Committee, has done pretty well in the money game too. 4 in fundraising among House Republicans and raised more than $14 million, largely through small donors. By comparison, roughly one in 20 dollars taken in by Scalise' campaign fundraising came from donors giving $200 or less. A host of factors, besides fundraising capabilities, will help determine who becomes the next House speaker, and there still was time for candidates to emerge in addition to Jordan and Scalise. Former Speaker Nancy Pelosi collected over $1 billion during her time in House Democratic leadership from 2002-2022, her office said last year.
Persons: Steve Scalise, Jim Jordan, Jerome Powell, Saul Loeb, Kevin McCarthy, Scalise, McCarthy, Ron Bonjean, Bonjean, Jordan, Nancy Pelosi, Richard Cowan, Jason Lange, Scott Malone, Grant McCool Organizations: Federal, U.S, House, Rights, U.S . House, Representatives, Republican, National Republican Congressional, Republicans, Committee, House Democratic, Thomson Locations: Washington , U.S, Louisiana, Ohio, Jordan
CNBC Daily Open: Investors got a brief reprieve
  + stars: | 2023-10-05 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
Traders work on the floor of the New York Stock Exchange during morning trading on October 04, 2023 in New York City. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Stocks climbed, yields retreatedU.S. stocks climbed Wednesday and Treasury yields retreated, helping the Dow Jones Industrial Average break its three-day losing streak. Here's how he's planning to manage the risk, and what he's buying to hedge against possible losses.
Persons: Stocks, Kospi, payrolls, Marc, Antoine Julliard, Sam Bankman, Jim Jordan, Steve Scalise, Kevin McCarthy, Jordan's, Donald Trump, who's, Matthew McLennan Organizations: New York Stock Exchange, CNBC, Treasury, Dow Jones, Japan's Nikkei, ADP, FTX, Speaker U.S, Freedom Caucus, Former U.S Locations: New York City, Asia, Pacific, Former, U.S
AdvertisementAdvertisementFor the first time in American history, House lawmakers have ejected the Speaker of the House from power. 3 House Republican and formerly led the House GOP's campaign arm. Donalds, who is not in House leadership, did not speak on the floor before the historic vote. She was catapulted into House leadership after Republicans booted then-Rep. Liz Cheney from her post as the N0. Once a more liberal Republican, Stefanik has become one of the biggest Trump supporters in the entire House Republican conference.
Persons: Kevin McCarthy, , Matt Gaetz's, McCarthy, Tom Emmer, Steve Scalise, Elise Stefanik, Here's, Minnesota Republican Nathan Howard, Andy Biggs, Anna Moneymaker, Scalise, Byron Donalds Rep, Byron Donalds of, Michael M, Donalds, Ron DeSantis, Jim Jordan Rep, Jim Jordan, Drew Angerer, Jordan can't, Jordan, Joe Biden, Andrew Harnik, Donald Trump's, Liz Cheney, Donald Trump, Stefanik, Kevin McCarthy Kevin McCarthy Drew Angerer, he's, Gaetz, Trump, There's, Aaron Sorkin's Organizations: Service, Minnesota Republican, Getty, Republican, Politico, Caucus, Washington Post, GOP, Louisiana Republican, Congressional, Florida Republican, Florida, Gov, Ohio Republican, The Ohio Republican, New York Republican, Republicans, Trump, Capitol Locations: Minnesota, Louisiana, Byron Donalds of Florida, Ohio, Washington
WASHINGTON (AP) — Rep. Steve Scalise, the No. 2 House Republican, returned to the U.S. Capitol on Thursday for the first time since being diagnosed with a blood cancer known as multiple myeloma and told reporters his chemotherapy treatment is underway. Scalise's cancer diagnosis comes at a fraught moment for House Republicans, who are trying to avert a government shutdown while also launching an impeachment inquiry into President Joe Biden. He said the diagnosis was made quickly and his wife and he decided they wanted to be “very aggressive” in treating the multiple myeloma. Scalise was among those wounded in 2017 when a gunman attacked lawmakers at a baseball practice in Alexandria, Virginia.
Persons: Steve Scalise, , Scalise, Joe Biden Organizations: WASHINGTON, , Republican, U.S, Capitol, House Republicans Locations: Louisiana, Washington, Alexandria , Virginia
REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsWASHINGTON, Sept 8 (Reuters) - The U.S. House of Representatives is scheduled to consider fiscal 2024 defense spending legislation next week, Majority Leader Steve Scalise said on Friday. The Republican-controlled House, which returns to Washington on Tuesday from its August recess, will consider an appropriations bill covering defense spending, according to Scalise's weekly floor schedule. Action on spending legislation would allow Republicans to demonstrate progress on government funding, after weeks of impasse over hardline demands that discretionary spending be cut to a fiscal 2022 level of $1.47 trillion. The spending level sought by hardliners is $120 billion lower than what House Speaker Kevin McCarthy and Democratic President Joe Biden agreed to earlier this year. The two chambers are far apart on funding, with the Senate pursuing spending at the level set by McCarthy and Biden.
Persons: Steve Scalise, Evelyn Hockstein, Kelly Armstrong, Kevin McCarthy, Joe Biden, Biden, McCarthy, David Morgan, Rami Ayyub, Rosalba O'Brien, Leslie Adler Organizations: ., Republican, Capitol, REUTERS, Rights, U.S . House, Representatives, Reuters, Democratic, Senate, Thomson Locations: Washington , U.S, Washington
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