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Following Donald Trump’s lead, Johnson has tied a six-month funding bill to the SAVE Act, which would overhaul voting laws to require people to show proof of citizenship when registering to vote. Senate Majority Leader Chuck Schumer, D-N.Y., Democrats and some Republicans are pushing for a “clean” funding bill that would keep the government open until December, after the election. The government will shut down at 12:01 a.m. on Oct. 1 unless Republicans and Democrats strike a deal to extend funding. Because of their miniscule majority, House Republicans can only afford four GOP defections if all lawmakers vote. “I’m a firm NO on bankrupting the nation and a YES on election integrity,” Mills said.

Persons: Mike Johnson’s, Donald Trump’s, Johnson, Chuck Schumer, Joe Wilson, Cory Mills, Jim Banks, Matt Rosendale, Andy Biggs of, Tim Burchett, “ I’ve, ” Burchett, ” Mills, Trump, don’t Organizations: WASHINGTON, SAVE, Democrats, Republicans, GOP, CRs, Armed Services, Foreign Affairs Locations: Cory Mills of Florida, Jim Banks of Indiana, Matt Rosendale of Montana, Andy Biggs of Arizona, Tennessee, ”, China

☆ Protesters storm Mexico’s Senate after ruling party wins votes for court overhaul
▼ + stars: | 2024-09-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +2 min

Yunes Linares strolled into the Senate chambers and was met with applause and chants of “hero!” by Morena senators and screams of “traitor!” from his own party. One PAN senator, Lilly Téllez, even threw dozens of coins at Yunes Linares, calling him a ”traitor who sold out his country” for his own benefit. A Senate vote was expected Wednesday. Yunes had challenged it and got a temporary suspension, calling it a political persecution by the governing Morena party, the same party his father now appears ready to support. A Yunes vote in favor would allow the ruling party to clear the biggest hurdle in making the proposal law.

Persons: Yunes Linares, Lilly Téllez, Marko Cortés, Sen, Yunes Márquez, Yunes, Cortés, López Obrador —, — Organizations: PAN, Yunes Locations: Morena

Pop superstar Taylor Swift endorsed Vice President Kamala Harris' presidential candidacy on Tuesday night after the high-stakes debate with former President Donald Trump, calling the Democratic nominee a "steady-handed, gifted leader." "I will be casting my vote for Kamala Harris and Tim Walz in the 2024 Presidential Election," Swift said in a post on Instagram to her more than 283 million followers. Swift's endorsement came as a surprise to the Harris campaign, two campaign officials told NBC News. Swift threw her support behind President Joe Biden and Harris during the 2020 presidential election. In the Instagram post, Swift also criticized social media users who have circulated images generated by artificial intelligence falsely stating that she had endorsed the Trump-Vance ticket.

Persons: Taylor Swift, Kamala Harris, Donald Trump, Tim Walz, Swift, heartened, Harris, I’ve, Sen, JD Vance, Benjamin Button, Joe Biden, Marsha Blackburn, Phil Bredesen, Blackburn, Vote.org, Vance, Trump, ’, Donald Trump’s, Swifties, Kamala, We’ve, Taylor, Irene Kim Organizations: Democratic, Minnesota Gov, NBC News, Biden, Blackburn's Senate, Republicans, Trump, GOP Locations: Instagram, R, Ohio

Craig, the former mayor of Manchester, beat out Cinde Warmington, a former health care lobbyist and a member of the state’s Executive Council, in the Democratic primary. Tuesday’s winners will quickly move into a rapid eight-week general election campaign to replace Republican Gov. She held a wide lead in most polls of the GOP primary, allowing her to set her sights early on the general election. Meanwhile, Maggie Goodlander defeated Colin Van Ostern in a contentious and expensive Democratic primary in New Hampshire’s 2nd Congressional District, the AP projected. The winner of the primary will enter the general election as the favorite in the blue-leaning 2nd District.

Persons: Kelly Ayotte, Joyce Craig, Chuck Morse, Craig, Cinde, Chris Sununu, Amy Walter, ”, Warmington, Maggie Goodlander, Colin Van Ostern, Van Ostern, Goodlander, Jake Sullivan, Hillary Clinton, Annie Kuster, who’s Organizations: Associated Press, GOP, Democratic, Republican Gov, Purdue Pharma, Manchester, Congressional District, AP, Biden White House, Justice Department, Council, White House, District Locations: New Hampshire, Northeastern, Manchester, state’s, New Hampshire’s

— Delaware state Sen. Sarah McBride won the Democratic primary for the state's lone U.S. House seat on Tuesday, The Associated Press projected, putting her one step closer to becoming the first transgender member of Congress. She will be the favorite to win the general election to replace Rep. Lisa Blunt Rochester, who is running for U.S. Senate, in heavily Democratic Delaware this November. "Nobody is more qualified than Sarah to represent the values of Delaware in Congress. Sarah McBride was elected in 2020 to represent Delaware’s 1st Senate District. In 2016, McBride became the first trans person to speak at a major political convention when she gave a speech at the Democratic National Convention.

Persons: Sen, Sarah McBride, McBride, Earl Cooper, Elias Weir, Lisa Blunt Rochester, McBride’s, Annise Parker, Sarah, ” McBride, Tom Williams, Obama, Jack Markell, “, ” Organizations: Democratic, Associated Press, U.S . Senate, “ Voters, District, Getty, D.C, Trans Equality, Assembly, Democratic National Convention Locations: Del, — Delaware, Democratic Delaware, Delaware, Congress, Washington, Delaware’s, Claymont, Bellefonte, Edgemoor, Wilmington

☆ Protesters storm Mexico's Senate, pausing judicial reform debate
▼ + stars: | 2024-09-11 | by ( ) www.nbcnews.com time to read: +2 min

MEXICO CITY — Mexico’s Senate paused debate of a controversial judicial overhaul on Tuesday after protesters broke into the building, adding drama to already tense discussions of the reform, which critics fear could undermine the country’s rule of law. Lopez Obrador and President-elect Claudia Sheinbaum have vigorously defended the reform as essential for holding judges accountable and reducing corruption. As senators debated the reform, opposition lawmakers accused the ruling bloc of underhanded tactics to secure the necessary two-thirds majority. But speculation is mounting that opposition PAN Senator Miguel Angel Yunes has switched allegiance to the ruling bloc over the reform. While the Senate was in session, Yunes requested medical leave in a letter read by the secretary of the Senate’s board of directors.

Persons: Jose Gerardo Fernandez, ”, Andres Manuel Lopez Obrador, Lopez Obrador, Claudia Sheinbaum, Critics, Morena, Miguel Angel Yunes, Yunes Organizations: MEXICO CITY —, PAN, NBC Locations: MEXICO, United States, Canada

☆ Video: Mexico senate debate interrupted by protesters
▼ + stars: | 2024-09-11 | by ( Nina Avramova | ) edition.cnn.com time to read: 1 min

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☆ Harris and Trump kept talking about pumping more oil. There’s a problem with that
▼ + stars: | 2024-09-11 | by ( David Goldman | Matt Egan | ) edition.cnn.com time to read: +4 min

So why were Vice President Kamala Harris and former President Donald Trump talking so much about expanding oil production during Tuesday night’s debate? Fossil fuel will be dead,” Trump said. For all the candidates’ talk of promoting fossil fuel production, it’s not clear that America needs drastically more oil. US oil production has already spiked to a record of 13.4 million barrels per day, according to weekly federal data. So it would likely take an extreme — or calamitous — event to get gas prices back below $2.

Persons: Kamala Harris, Donald Trump, Harris, fracking, Biden, Trump, they’ll, ” Trump, Andy Lipow, he’s, It’s, it’s, Lipow, ”, Bob McNally, doesn’t, McNally, George W, Bush, “, America Organizations: CNN, Senate, Lipow Oil Associates, AAA, Rapidan Energy, US Energy Information Administration, Travel Locations: America, United States, Pennsylvania, OPEC, China

Read previewIt's officially a "Love Story" between Taylor Swift and Vice President Kamala Harris. The superstar singer endorsed Harris for president on Tuesday night, minutes after the end of the debate between the vice president and former President Donald Trump. She signed off her post with the phrase: "Taylor Swift, Childless Cat Lady." When questioned on Swift's Harris endorsement, Trump said he had "no idea" about it. AdvertisementMany Democrats have been frothing at the mouth for a Swift endorsement given her unique cultural sway and loyal fandom.

Persons: —, Taylor Swift, Kamala Harris, Harris, Donald Trump, Swift, Cat Lady, Sen, JD Vance's, Tim Walz, " Walz, Trump, Swift's Harris, Swift's, Kamala —, X —, Joe Biden, Marsha Blackburn, Scott, Brittany Mahomes, Patrick Mahomes, Travis Kelce, Stevie Wonder, John Legend, Charlie XCX Organizations: Service, Business, MSNBC, Democratic, Truth, Kansas City Chiefs, Fox Business, Democratic National Convention, Minnesota Gov Locations: America

WASHINGTON — Thousands of overseas American diplomats are at risk of a sharp pay cut at the beginning of October unless Congress passes a legislative fix in the coming weeks. And a 22% reduction in their pay would be a needless and demoralizing harm. “The Department of State continues to work with Congress on the urgent need for an extension,” a State Department spokesperson said in a statement. The pay snafu, first reported by Politico, is the unintended consequence of a funding structure that requires action from Congress. With the fate of their wages tied to the funding fight, American diplomats could be left in the lurch.

Persons: Sen, Chris Coons, it’s, ” Coons, Ben Cardin, he’s, “ We’re, ” Cardin, there’s, ” AFSA, Hakeem Jeffries, Mike Johnson, Donald Trump, “, ”, Tom Yazdgerdi Organizations: WASHINGTON, Capitol, Foreign Relations, NBC News, Overseas, Washington , D.C, State Department, American Foreign Service Association, Congress, Senate Foreign, National Defense, U.S . Agency for International Development, Democratic, Republican, Senate, Department of State, Politico Locations: Washington ,, D, American, United States

GOP senators 'hesitant' to mandate IVF coverageBut there is scant evidence of a Republican appetite for that plan in Congress. “I don’t know that we need to go so far as to mandate IVF coverage,” Lummis said. Rep. Jim Banks, R-Ind., a former chair of the conservative Republican Study Committee and a Senate candidate, said he hasn’t seen a Trump policy plan on IVF to evaluate. “I don’t know what that would look like — to make it free.”Democrats say Trump is lying and trying to bamboozle voters. “Donald Trump will say anything that he thinks might be one more vote in favor of Donald Trump.

Persons: WASHINGTON — Donald Trump’s, Trump, “, ”, Marjorie Taylor Greene, aren’t, Greene, isn’t, Sen, Josh Hawley, “ it’s, ” Hawley, hadn’t, ” Trump, “ We’re, it’s, Thom Tillis, we’ve, We’ve, ” Sen, Joni Ernst, Bill Cassidy, Trump hadn’t, ” Cassidy, that’s, It's, Cynthia Lummis, ” Lummis, Karoline Leavitt didn’t, Rand Paul, it'd, ” Paul, you’re, Tim Burchett, Jim Banks, hasn’t, Elizabeth Warren, ” Warren, “ Donald Trump, Donald Trump, Ohio Sen, Vance, Donald Trump’s, ” “ Trump, Katie Britt, ” Britt Organizations: Trump, NBC News, Republicans, Congress, NBC, Republican Party, Republican, Health, Education, Labor, Pensions, Democratic Party, Alabama Supreme, CBS, Democratic, “, GOP, Committee, Senate, Ohio Locations: Iowa, Alabama, Ky

WASHINGTON — Despite mounting opposition from his own party, Speaker Mike Johnson, R-La., vowed Tuesday to stay the course and put his government funding package on the House floor on Wednesday. His initial strategy to avert a government shutdown at the end of the month is expected to fail and deal House Republicans an embarrassing blow. Due to their paper-thin majority, Republicans can afford only a handful of GOP defections on the vote, and many more than that have publicly voiced their opposition. “I am in this to win this,” Johnson told reporters at his weekly news conference. Afterward, the speaker added: “We are going to put the SAVE Act and the CR together, and we’re going to move that through the process.

Persons: Mike Johnson, Donald Trump, Johnson, “, ” Johnson, ”, Jim Banks, Cory Mills, Matt Rosendale, Montana —, Mills, Dan Meuser, ” Meuser, “ Shutdowns, Sen, Thom Tillis, Bill Cassidy, “ I’m, ” Cassidy Organizations: SAVE, Democratic, White, GOP, Republicans Locations: WASHINGTON, Jim Banks of Indiana, Florida, Montana, Mexico

ABC News signage is installed in the media file center inside the Pennsylvania Convention Center one day before the presidential debate on September 9, in Philadelphia, Pennsylvania. Chip Somodevilla/Getty ImagesAs Vice President Kamala Harris and former President Donald Trump take the stage tonight in Philadelphia in their first face-to-face meeting, the spotlight will also shine on the host of the debate: ABC News. Moderators David Muir and Linsey Davis will have a much different view in front of them than when ABC News first secured the high-stakes presidential debate in May. It’s a big test for the Disney-owned network in the only scheduled debate between Harris and Trump in the 2024 race that could serve as a make-or-break moment for either campaign. But Harris’ team wanted the mics hot the entire night and demanded the network change the rule.

Persons: Chip Somodevilla, Kamala Harris, Donald Trump, David Muir, Linsey Davis, Harris, Trump, Joe Biden, Harris ’ Organizations: ABC, Pennsylvania Convention, ABC News, Democratic, Disney, CNN, Trump Locations: Pennsylvania, Philadelphia , Pennsylvania, Philadelphia, It’s

New Hampshire voters will head to the polls Tuesday for a primary that will set up the matchup for one of just two governor’s races in presidential battleground states this year. In addition to North Carolina, New Hampshire is the only other swing state to hold a race for governor this election cycle. “I think that helps people in New Hampshire realize that Kelly Ayotte is a New Hampshire Republican, not a straight party loyalist,” Williams said. In New Hampshire, abortion is banned after fetal viability, or around the 24th week of pregnancy. “We’ve seen in the last few years that governors and state leadership sort of make or break it when it comes to protecting abortion rights,” Levy said.

Persons: Sen, Kelly Ayotte, Chuck Morse, Chris Sununu, Joyce Craig, Cinde Warmington, Amy Walter, Cook, Kamala Harris, Ayotte, Morse, Donald Trump, Trump, didn’t, hasn’t, Chuck Morse’s, he’s, Kelly, ”, Fergus Cullen, Cullen, Trumper, Sununu, Hillary Clinton, Joe Biden, “ She’s, Ryan Williams, “, ” Williams, “ Kelly, she’s, Maya Harvey, Chuck, ” Harvey, Craig, Jon Kiper, Warmington, Joyce Craig’s, Philip Stein, Kelly Ayotte’s, Joyce Craig's, ” Craig, Craig Brown, Craig “, “ It’s, Williams, They’ve, nodded, Neil Gorsuch, Gorsuch, Roe, Wade, Izzi Levy, “ We’ve, ” Levy, Dobbs, we’ve, Jason Osborne Organizations: New, Republican, GOP Gov, Democrats, Manchester, Hampshire, White, Democratic, GOP, New Hampshire Republicans, ” New, Republican Party, New Hampshire Republican, Purdue Pharma, Ayotte, Republicans, Hampshire Democrats, Trump, Democratic Governors Association Locations: New Hampshire, state’s, North Carolina , New Hampshire, Trump, Dover, ” New Hampshire, Manchester, Hampshire, New England, “ New Hampshire

WASHINGTON — House Speaker Mike Johnson’s strategy to tie a short-term government funding bill to a Donald Trump-backed proposal to overhaul voting laws was on life support Monday after a band of conservative rebels vowed to vote no on the package. Without a stopgap funding bill, money will run out and the federal government will shut down at the end of the month. Because of the GOP’s razor-thin majority, Johnson, R-La., can afford only four Republican defections if all members vote. Mills slammed Johnson's strategy as a “farce” and said it would do nothing to secure the southern border. Instead, they are pushing for a "clean CR" — short-term funding with nothing attached to it.

Persons: Mike Johnson’s, Donald Trump, Johnson, — Cory Mills, Matt Rosendale, Tim Burchett, Jim Banks, Thomas Massie, Trump, Mills, ”, ” Mills, Rosendale, “, Chuck Schumer, Joe Biden, ” Schumer, Jamie Raskin, ” Raskin, … Donald Trump Organizations: WASHINGTON, Republicans, White, Capitol, Senate, GOP, House, Republican, “, ” Locations: Florida, Montana, Tennessee, Indiana, Kentucky

In the wake of the ACP's expiration, broadband companies reported losing some customers. "But that doesn't take away from the families for whom this was important, and could now lose access to broadband." Pete Marovich | ReutersStill, Sohn believes bipartisan support for the ACP should make reauthorizing it a political slam dunk for Democrats. While broadband providers were generally supportive of the ACP, many in the industry believed the subsidy benefitted too wide a swath of U.S. households. Charter Communications CEO Chris Winfrey said in July that the ACP's expiration impacted both losses and low income broadband connections after the company had "put a lot of effort into the ACP program."

Persons: Craig Moffett, Blair Levin, Mike Carey, Nikki Budzinski, GOP Sen, JD Vance, Ohio, Donald Trump's, Vance quieted, Gigi Sohn, Biden, Pete Marovich, Sohn, Wall, they're, Carey, Budzinski, Chris Winfrey Organizations: Istock, Getty, Charter, Verizon, Comcast, Program, Federal Communications Commission, Democratic, Republican, Street Research, CNBC, Capitol, Republicans, Emergency, GOP, Republican House, ACP, Commerce, Science, Washington , D.C, Reuters, Universal Service Fund, USF, Charter Communications Locations: MoffettNathanson, Ohio, Washington ,, U.S, New York

☆ New Hampshire Primary Election Results
▼ + stars: | 2024-09-10 | by ( ) www.nytimes.com time to read: 1 min

GovernorFormer U.S. Senator Kelly Ayotte, who has warned voters that New Hampshire is “one election away from turning into Massachusetts,” is expected to defeat Chuck Morse, the former State Senate president, in the Republican primary for governor. Top Democratic primary contenders are Joyce Craig, the former mayor of Manchester, and Cinde Warmington, a former member of the state’s executive council.

Persons: Kelly Ayotte, ”, Chuck Morse, Joyce Craig, Cinde Organizations: Former U.S, State, Republican, Democratic Locations: New Hampshire, Massachusetts, Manchester

CNN —Mexican lawmakers were forced to suspend debate on a controversial judicial reform after protesters broke down the doors of the Senate building and forced their way into the upper house’s session hall. But as the crowd broke into the upper house on Tuesday, Senate President Gerardo Fernandez Noroña asked his colleagues to evacuate the hall to avoid confrontations with the protesters. Demonstrators try to break down a door inside the Senate building as a highly contested judicial reform proposal is debated on September 10. Judicial workers protest the government's proposed judicial reform, which would make judges stand for election, on Tuesday. Eduardo Verdugo/APSupreme Court judges in Mexico are usually nominated by the president and must be approved in the Senate.

Persons: –, Gerardo Fernandez Noroña, Noroña, Andrés Manuel López Obrador, Raquel Cunha, Luis Cortes, López Obrador, Ken Salazar, “, ”, Eduardo Verdugo, Claudia Sheinbaum, Morena Organizations: CNN, Senate, Reuters, AP Locations: Mexico City, Mexico, Mexico’s

☆ Trump tells Republicans to shut down government if hardline voter ID bill gets cut from spending bill
▼ + stars: | 2024-09-10 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Former President Donald Trump on Tuesday said congressional Republicans should pursue a government shutdown if they cannot attach a hardline voting bill to the temporary funding resolution that would keep the government open. "The House Republican CR is an unserious and uncooked product," Senate Majority Leader Chuck Schumer, D-N.Y., said on the Senate floor Tuesday. That same day, the House approved the rule for the CR, which would fund the government until March 2025, with the SAVE Act included. The final House vote to pass the funding bill is set to take place on Wednesday. But even if it passes, the bill would still be dead on arrival in the Democratic controlled Senate.

Persons: Donald Trump, don't, Mike Johnson, Chuck Schumer, Johnson, Trump's, Mitch McConnell, McConnell, Sahil Kapur Organizations: Trump, Republican, Congressional Democrats, Republicans, SAVE, Democratic, Senate, NBC Locations: New York City, U.S, Ky

Republican vice presidential nominee Sen. JD Vance of Ohio speaks to reporters in San Diego in front of the wall on the border with Mexico, Sept. 6, 2024. A Biden administration official on Tuesday said it was "dangerous" for Republican vice presidential nominee Sen. JD Vance of Ohio to promote a false conspiracy theory that Haitian immigrants were stealing and eating other people's pets. Vance in a social media post on X on Monday shared a video of him speaking during a Senate committee hearing about a surge in Haitian immigrants living in Springfield, Ohio. "Months ago, I raised the issue of Haitian illegal immigrants draining social services and generally causing chaos all over Springfield, Ohio," Vance wrote in that tweet. His tweet came a day before Republican presidential nominee former President Donald Trump was due to debate Harris in Philadelphia.

Persons: Sen, JD Vance, Biden, Vance, you've, that's, let's, John Kirby, Kirby, Kamala Harris, Harris, Donald Trump, Donald Trump Jr, Ted Cruz, Ted Cruz of Texas —, Springfield who've Organizations: Republican, Republican Party, Security, Democratic, . Springfield Police, Springfield Police, NBC News, Trump Locations: Ohio, San Diego, Mexico, Springfield , Ohio, United States, Philadelphia, Ted Cruz of Texas, Springfield, North Carolina, Pennsylvania

☆ House GOP funding plan clears key hurdle but remains at risk of failing
▼ + stars: | 2024-09-10 | by ( Clare Foran | ) edition.cnn.com time to read: +3 min

Washington CNN —A six-month House GOP government funding plan cleared a key hurdle on Tuesday, but remains at risk of failing as Speaker Mike Johnson attempts to navigate a shutdown fight with his narrow majority. The House voted 209-206 to approve a rule to govern debate for the funding plan, which includes a controversial measure that targets noncitizen voting. But at least six House Republicans have come out against the funding bill, which is enough to sink it in the House amid Democratic opposition, and the bill is considered dead-on-arrival in the Democratic-controlled Senate. The six-month funding plan from House Republicans would extend government funding until March 2025. Many House conservatives are also generally opposed to short-term funding bills, arguing instead in favor of spending cuts.

Persons: Washington CNN —, Mike Johnson, Biden, Donald Trump, Trump, don’t, ”, Johnson, CNN’s Manu Raju, “, “ I’m, “ I’ve, We’ll Organizations: Washington CNN, GOP, Republicans, Democratic, SAVE, noncitizens, Truth, Security

☆ Kamala Harris wants a Republican in her cabinet. It's still not clear who that might be.
▼ + stars: | 2024-09-10 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Read previewIt was probably the most noteworthy thing to come out of Kamala Harris' much-anticipated CNN interview late last month: The Vice President, if elected, pledged to appoint a Republican to her Cabinet. "It may be difficult to find a rational, sane person who still identifies as a Republican" that would agree to serve in Harris' cabinet, Sen. Richard Blumenthal of Connecticut quipped. "There are a lot of Republicans that I think are capable of assuming Cabinet positions," Rep. Jim McGovern of Massachusetts said. "I'm not floating people's names for particular positions," Rep. Ro Khanna of California said, shortly after heaping praise on Republican Rep. Brian Fitzpatrick of Pennsylvania and former Republican Rep. Mike Gallagher of Wisconsin. Though he said Harris' pledge was a "positive step," he made clear on Tuesday that he's not interested in serving in her administration.

Persons: —, Kamala Harris, Jamie Raskin, Maryland, Joe Biden, Donald Trump, Harris, Sen, JD Vance, Trump, Richard Blumenthal, Rep, Alexandria Ocasio, Cortez, Bernie Sanders, wryly, Jim McGovern, Ro Khanna, Brian Fitzpatrick, Mike Gallagher, Liz Cheney, Adam Kinzinger of, Kinzinger, Cheney, Raskin, Cheney hasn't, he'd, Tim Kaine, Barack Obama, Bill Clinton, Kaine, There's, Mitt Romney, he's, I've, Romney, I'm Organizations: Service, CNN, Republican, Business, Connecticut, Hill, Vermont, Massachusetts, Democrats, Los Angeles Times, Senate Armed Services Committee, Defense, Utah Republican, Trump Locations: Alexandria, Cortez of New York, California, Pennsylvania, Wisconsin, Wyoming, Adam Kinzinger of Illinois, Harris, Virginia

☆ Federal Reserve unveils toned-down banking regulations in victory for Wall Street
▼ + stars: | 2024-09-10 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

Federal Reserve Board Vice Chair for Supervision Michael S. Barr testifies at a Senate Banking, Housing and Urban Affairs Committee hearing on "Recent Bank Failures and the Federal Regulatory Response" on Capitol Hill in Washington, March 28, 2023. Introduced in July 2023, the regulatory overhaul known as the Basel Endgame would've boosted capital requirements for the world's largest banks by roughly 19%. The change comes after banks, business groups, lawmakers and others weighed in on the possible impact of the original proposal, Barr told an audience at the Brookings Institution. "There are benefits and costs to increasing capital requirements. That would likely boost capital requirements by 3% to 4% over time, Barr said.

Persons: Michael S, Barr, Michael Barr, could've, Jamie Dimon Organizations: Banking, Housing, Urban Affairs, Federal, Fed, Federal Deposit Insurance Corp, Brookings Institution, JPMorgan Chase Locations: Washington, Basel

☆ New Hampshire Governor Primary Election Results
▼ + stars: | 2024-09-10 | by ( ) www.nytimes.com time to read: 1 min

Former U.S. Senator Kelly Ayotte, who has warned voters that New Hampshire is “one election away from turning into Massachusetts,” is expected to defeat Chuck Morse, the former State Senate president, in the Republican primary for governor. Top Democratic primary contenders are Joyce Craig, the former mayor of Manchester, and Cinde Warmington, a former member of the state’s executive council.

Persons: Kelly Ayotte, ”, Chuck Morse, Joyce Craig, Cinde Organizations: U.S, State, Republican, Democratic Locations: New Hampshire, Massachusetts, Manchester

☆ A Surgeon General warning label must appear on social media apps, 42 state attorneys general demand
▼ + stars: | 2024-09-10 | by ( Jason Seher | ) edition.cnn.com time to read: +3 min

But a bipartisan group of attorneys general on Tuesday demanded that Congress require Surgeon General warning labels on social media apps to help curtail addiction and a mental health crisis among young adults. Teens spend nearly five hours a day on social media apps, according to a Gallup poll. “Everyone needs to know the risk associated with these social media platforms,” New York Attorney General Letitia James said in a statement. Appending a warning to social media apps requires Congressional approval. Congress has so far ignored Murthy’s plea to introduce a bill requiring warning labels.

Persons: CNN —, Vivek Murthy, Snapchat, Murthy, Letitia James, ” James, “, ” Murthy Organizations: CNN, Meta, New York Times, Facebook, American Medical Association, Gallup, New York, Microsoft

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