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[1/2] Workers lift a solar panel onto a roof during a residential solar installation in Scripps Ranch, San Diego, California, U.S. October 14, 2016. "This historic boost in solar investments will advance millions of residential solar projects nationwide, protect people and the planet, deliver environmental justice," said EPA Administrator Michael Regan. Regan announced the launch of the "Solar for All" grant program in Vermont, where he joined Independent Senator Bernie Sanders to tour a residential solar project. The awards will help communities develop low-income solar programs that will provide financing and technical assistance like workforce development and ensure that low-income households receive the benefits of rooftop solar, including household savings, community ownership and energy resiliency. The program will guarantee a minimum 20% total electricity bill savings for households.

Persons: Mike Blake, Biden, Michael Regan, Regan, Bernie Sanders, Valerie Volcovici, Aurora Ellis Organizations: Workers, Scripps, REUTERS, WASHINGTON, Environmental Protection Agency, Wednesday, Alaska Natives, Reduction, Independent, Clean Investment Fund, Communities Investment, Thomson Locations: Scripps Ranch, San Diego , California, U.S, Americans, Vermont

☆ Republican senator challenges Teamster president to a 'MMA fight for charity' after the union boss told him 'you know where to find me
▼ + stars: | 2023-06-26 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

GOP Sen. Markwayne Mullin challenged a union boss to a MMA fight for charity. "An attention-seeking union Teamster boss is trying to be punchy after our Senate hearing. MMA fight for charity of our choice," Mullin wrote on his official Twitter account. An attention-seeking union Teamster boss is trying to be punchy after our Senate hearing. MMA fight for charity of our choice.

Persons: Sen, Markwayne Mullin, Sean O'Brien, O'Brien, Mullin, —, Republican Sen, — Markwayne Mullin, James P, Hoffa, Jimmy Hoffa, Michael Avenatti, Avenatti, Stormy Daniels, Donald Trump Jr, Bernie Sanders, Sanders Organizations: Service, Republican, Oklahoma, Monday, Teamster Union, National Wrestling Hall of Fame, Teamsters, Health, Education, Labor, Pensions, Tulsa World Locations: Tulsa, Tulsa , Oklahoma, Oklahoma

☆ In N.Y. Primaries, Democrats Face a Swell of Challengers From the Right
▼ + stars: | 2023-06-24 | by ( Jeffery C. Mays | ) www.nytimes.com time to read: +1 min

When Melinda Katz ran for Queens district attorney in 2019, her principal opponent in the Democratic primary was a public defender and democratic socialist with a platform of ending cash bail and eventually abolishing the police. With endorsements from progressive prosecutors around the country — as well as from Senators Elizabeth Warren and Bernie Sanders and Representative Alexandria Ocasio-Cortez — Tiffany Cabán, a first-time candidate, lost by fewer than 60 votes after painting Ms. Katz as a regressive Democrat. Four years later, the strongest challenge to Ms. Katz is coming from George Grasso, an opponent running to her right who has accused her of being soft on crime. It’s not the only contest in the city where moderate Democrats are facing opponents on the right in primaries on Tuesday. In several City Council races, from the Bronx to southern Brooklyn, moderate Democrats are being challenged over public safety, affordable housing and education by more conservative members of their own party.

Persons: Melinda Katz, Elizabeth Warren, Bernie Sanders, Alexandria Ocasio, Cortez — Tiffany Cabán, Katz, George Grasso, It’s Organizations: Queens, Democratic, Council Locations: Bronx, Brooklyn

☆ Obama predicts that Biden will have a smooth glide to the 2024 Democratic presidential nomination: 'I think the Democratic Party is unified'
▼ + stars: | 2023-06-24 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

Obama predicted that President Biden would face an easy path to the Dem nomination. "I think the Democratic Party is unified," Obama told CNN anchor Christiane Amanpour this week. "I think Joe Biden has done an extraordinary job leading the country through some very difficult times," Obama said in a sit-down interview with CNN chief international correspondent and anchor Christiane Amanpour. "I do not think that there's going to be any kind of serious primary challenge to Joe Biden," the former president continued to say, dismissing any intraparty challenges to Biden. "I think the Democratic Party is unified."

Persons: Obama, Biden, Christiane Amanpour, Marianne Williamson, —, Barack Obama, Joe Biden, Robert F, Kennedy Jr, Kennedy, Independent Sen, Bernie Sanders of, Donald Trump, Joe Organizations: Democratic Party, CNN, RFK Jr, Service, Democratic, Independent Locations: Delaware, Bernie Sanders of Vermont

☆ UAW rips Biden administration on US loan to Ford joint venture battery plant
▼ + stars: | 2023-06-23 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

The $9.2 billion low-cost government loan for the BlueOval SK joint venture is the biggest ever from the government auto lending program that will help finance construction of three plants in Kentucky and Tennessee. The joint venture is building battery plants in Kentucky and Tennessee. The UAW and Senator Bernie Sanders in April criticized a General Motors (GM.N)/LG Energy Solution (373220.KS) joint venture battery plant for paying workers much less than GM assembly plant employees even though it benefits from hefty U.S. government tax credits. Union workers at a nearby Ohio GM assembly plant that closed in 2019 made at least $32 an hour. The Energy Department last year awarded $2.5 billion to help finance construction of Ultium's new lithium-ion battery plants, including Warren, from the same program used for the Ford loan.

Persons: Francois Lenoir, Shawn Fain, Fain, Joe Biden’s, Ford, Biden, Bernie Sanders, Warren, David Shepardson, Aurora Ellis, Mark Porter Organizations: Ford, REUTERS, United Auto Workers, UAW, U.S . Energy Department, Ford Motor, Korea's SK, JV, Detroit Three automakers, BlueOval SK, SK, South Korea's SK Innovation, Motors, LG Energy, JV Ultium, Ohio GM, The Energy Department, Thomson Locations: Brussels, Belgium, Francois Lenoir WASHINGTON, Kentucky, Tennessee, South, America, Warren , Ohio, Ohio

☆ Opinion | Why This Economist Wants to Give Every Poor Child $50,000
▼ + stars: | 2023-06-23 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +51 min

What you’ve got to do to get more money from wealth is just let your money go out there and make money on its own. darrick hamiltonYeah, the extent to which our tax code incentivizes wealth and capital growth, it centers on existing wealth and capital growth. $50,000 to the most wealth-poor person seems like a big number, but we need to put that number in context. In other words, wealth begets more wealth, and wealth builds upon itself. ezra kleinI think that’s a great place to end, so I’ll ask our final question.

Persons: ezra klein, we’ve, We’ve, Darrick Hamilton, Biden Sanders, Bernie Sanders, Cory Booker, Ayanna Pressley, darrick hamilton, hamilton, you’re, ezra klein There’s, you’ve, that’s, Thomas Piketty’s, it’s, there’s, ezra klein I’m, —, ezra klein We’ve, Bill Gates, Elon, Ezra, Ira Katznelson, Crow, Bill, hasn’t, who’s, I’ve, they’re, ezra klein Let’s, darrick hamilton Naomi Zewde, wouldn’t, Let’s, darrick hamilton Ezra, darrick hamilton I’m, Arthur Lewis, Natalie Diaz, ” Natalie, ezra klein Darrick Hamilton Organizations: The New School, Biden, Task Force, Marshall, Black, Washington D.C, Federal Government, SEED, Oklahoma, Social, Social Security Locations: Hamilton, United States, Prosperity, America, Europe, Tulsa , Oklahoma, Connecticut, Washington, —, hamilton

Biden said he discussed human rights and other democratic values with Modi during their talks in the White House. In reports on human rights and religious freedom, the State Department raised concerns over treatment of Muslims, Hindu Dalits, Christians and other religious minorities in India while also listing a crackdown on journalists. India has become a black-hole for religious minorities," said protester Raqib Hameed Naik, the founder of Hindutva Watch, a group that monitors reports of attacks on Indian minorities. Senator Bernie Sanders said Modi's "aggressive Hindu nationalism" has "left little space for India's religious minorities." The U.N. human rights office described a 2019 citizenship law as "fundamentally discriminatory" for excluding Muslim migrants.

Persons: Narendra Modi, Joe Biden, Kevin Lamarque WASHINGTON, Biden, Modi, MODI'S, Raqib Hameed Naik, Ilhan Omar, Rashida, Alexandria Ocasio, Bernie Sanders, Modi's, Barack Obama, Obama, Kanishka Singh, Jonathan Oatis, Grant McCool Organizations: India’s, U.S, White, REUTERS, Indian, State Department, Rights, Biden's Democratic Party, Bharatiya Janata Party, BJP, Hindutva, U.S . Congress, World Press, 161st, CNN, Thomson Locations: Washington , U.S, India, China, Washington, Cortez, Karnataka

WASHINGTON, June 21 (Reuters) - Rights advocates in Washington demanded that President Joe Biden publicly call out what they described as India's deteriorating human rights record, saying the U.S. approach of raising the issue in private with Prime Minister Narendra Modi has been a failure. In a press briefing on Wednesday, activists and academics also called for hearings in the U.S. Congress about human rights in India under the Hindu nationalist Bharatiya Janata Party (BJP) led by Modi, who is on a four-day visit to the United States. Critics of the Modi government's human rights record have cited less press freedom, restrictions on minority religious rights and other forms of discrimination and backsliding on democratic rights. The White House may bring up human rights concerns but it said that Biden will not "lecture" Modi on the issue. Reporting by Kanishka Singh in Washington; editing by Heather Timmons and Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Narendra Modi, Modi, Nadine Maenza, Biden, Zaki Barzinji, Barack Obama, Angana Chatterji, Ilhan Omar, Rashida, Bernie Sanders, Critics, Kanishka Singh, Heather Timmons, Grant McCool Organizations: Rights, U.S, Congress, Bharatiya Janata Party, BJP, ., Wilson Center, International, Critics, White, University of California, U.S . Congress, World Press, 161st, Thomson Locations: Washington, U.S, India, United States, Berkeley, Karnataka

☆ Bernie Sanders launches Senate probe into Amazon warehouse safety conditions
▼ + stars: | 2023-06-20 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +3 min

CNN —Sen. Bernie Sanders on Tuesday launched a Senate investigation into working and safety conditions at Amazon warehouses, adding to federal scrutiny on the labor practices of one of the country’s largest employers. In 2018, following heavy criticism from Sanders, Amazon announced it was raising its minimum wage for US employees to $15 an hour. In his letter Tuesday, Sanders argued that Amazon warehouses “are uniquely dangerous,” and cited recent citations from the Labor Department’s Occupational Safety and Health Administration against Amazon. After inspecting three Amazon warehouse facilities, OSHA issued hazard letters in January related to injury risks from workers lifting packages. An Amazon spokesperson at the time said the company “strongly” disagrees with OSHA’s claims and intends to appeal.

Persons: CNN — Sen, Bernie Sanders, Sanders, ” Sanders, Andy Jassy, OSHA’s, Steve Kelly, Sanders ’, ”, ” Kelly, We’ve Organizations: CNN, Amazon, Labor, Occupational Safety, Health Administration, OSHA

☆ Amazon faces Senate probe over warehouse safety
▼ + stars: | 2023-06-20 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Amazon's warehouse working conditions, which have come under increased scrutiny in recent years, are now at the heart of a congressional probe that's being led by Sen. Bernie Sanders of Vermont. Steve Kelly, an Amazon spokesperson, told CNBC in a statement that the company has received Sanders' letter and is in the early stages of reviewing it. The HELP committee posted a form on its website seeking testimonials from current and former Amazon employees about their experiences at the company. Amazon faces ongoing federal probes into its safety record beyond the Senate's actions. Amazon says it's made progress on reducing injuries across its U.S. operations, and continues to invest in safety initiatives, projects and programs.

Persons: Sen, Bernie Sanders, Andy Jassy, Sanders, Jeff Bezos, Steve Kelly, Jassy, it's, It's, Howard Schultz, Bezos Organizations: Health, Education, Labor, Pensions, Democratic, Amazon, CNBC, Occupational Safety, Health Administration, U.S, Attorney's, Department of Justice, OSHA, Starbucks Locations: Vermont

☆ Biden to appoint Mandy Cohen to lead the CDC
▼ + stars: | 2023-06-16 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Dr. Mandy Cohen speaks at a news conference at the Emergency Operations Center in Raleigh, North Carolina, Nov. 10, 2021. "Dr. Cohen is one of the nation's top physicians and health leaders with experience leading large and complex organizations, and a proven track-record protecting Americans' health and safety," Biden said in a statement Friday. President Joe Biden on Friday said he will appoint Dr. Mandy Cohen to lead the Centers for Disease Control and Prevention. She led the CDC through the Covid vaccine rollout, as well as the delta and omicron waves of Covid. Walensky cited the end of the Covid emergency in her resignation letter to Biden.

Persons: Mandy Cohen, Dr, Cohen, Biden, Joe Biden, Rochelle Walensky, Walensky, Ashish Jha, Monica Bertagnolli, Sen, Bernie Sanders Organizations: Emergency, Center, Congress, North, North Carolina's Department of Health, Human Services, Medicare, Services, for Disease Control, CDC, White, National Institutes of Health, National Cancer Institute, NIH, Washington Post Locations: Raleigh , North Carolina, North Carolina's, U.S

☆ GM, SDI will build $3 billion battery manufacturing plant in Indiana
▼ + stars: | 2023-06-13 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

June 13 (Reuters) - General Motors (GM.N) and Samsung SDI (006400.KS) will build a more than $3 billion EV battery cell plant in Indiana scheduled to begin operations in 2026, creating 1,700 jobs, the state's governor said Tuesday. The companies said in April they would invest more than $3 billion to build a joint venture EV battery manufacturing plant in the U.S. but did not name a location. Reuters reported in January that GM had opted not to move forward with building a fourth U.S. battery plant with LG Energy Solution (373220.KS) in Indiana, but said GM could still pick Indiana for a battery plant with another partner. The joint GM and Samsung SDI plant near New Carlisle, Indiana aims to have an annual production capacity of 30 gigawatt hours (GWh). The companies are building a $2.6 billion plant in Michigan, set to open in 2024 after opening a plant in Ohio and are building another in Tennessee.

Persons: Yoonho Choi, Shawn Fain, Bernie Sanders, Joe Biden, Biden, David Shepardson, Louise Heavens, David Evans Organizations: General Motors, Samsung SDI, EV, Reuters, GM, LG Energy, Samsung, U.S . Energy Department, LG Energy Ultium Cells, United Auto Workers, GM LG Ohio JV, UAW, Thomson Locations: KS, Indiana, U.S, New Carlisle , Indiana, Michigan, Ohio, Tennessee, North America, South Korea

☆ Bernie Sanders vows to oppose NIH nominee until Biden delivers plan to lower drug prices
▼ + stars: | 2023-06-13 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

Sen. Bernie Sanders vowed to oppose President Joe Biden's pick to lead the National Institutes of Health – and any other health nominee – until the administration delivers a plan to lower prescription drug prices. Sanders, who chairs the Senate Health Committee, controls when his panel reviews nominees for the Department of Health and Human Services. A provision of the act penalizes drugmakers for charging prices that rise faster than inflation for people on Medicare. Lawmakers, researchers and advocates have repeatedly warned that drug prices in the U.S. outpace those in other nations and ultimately harm Americans who need to access lifesaving treatments. A provision of the act penalizes drugmakers for charging prices that rise faster than inflation for people on Medicare.

Persons: Bernie Sanders, Joe Biden, Sen, Joe Biden's, –, Sanders, Biden, Monica Bertagnolli Organizations: Capitol Hill, National Institutes of Health, Washington Post, Health, Department of Health, Human Services, National Cancer Institute, White House, Post, Medicare, Lawmakers, Democratic, NIH Locations: Washington, Vermont, U.S

☆ Flexibility and perks at work aren't one size fits all, and employers need to realize that
▼ + stars: | 2023-06-10 | by ( Josée Rose | ) www.businessinsider.com time to read: +5 min

One of the top demands is a four-day workweek, according to the KPMG Talent Survey of 1,035 US adults, conducted from mid-April to May 1. According to participants, 82% of employees would be interested in a 10-hour, four-day workweek, and nearly half (47%) see it as highly appealing. "Having a four-day workweek, even if you're working longer days during those four days, enables you to have the flexibility of three days off without work. Agarwal wrote, "as productivity tools with artificial intelligence catch on and more high-ranking executives acknowledge the importance of rest, the four-day workweek could become more commonplace." Besides four-day workweeks, employees also showed when it comes to perks at work, millennials are more likely to care about perks than other generations.

Persons: KMPG, —, It's, Sandy Torchia, backtracked, Gen Zers, Torchia, Shubham Agarwal, Sen, Bernie Sanders, Agarwal, I'd, aren't Organizations: Service, KPMG, Farmers Group, KPMG Talent Survey, Boomers

☆ Bernie Sanders says price of Alzheimer's treatment is unconscionable, calls on HHS to take action
▼ + stars: | 2023-06-07 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Sen. Bernie Sanders on Wednesday called on the U.S. Health and Human Services Department to take action to ensure seniors can actually afford the expensive Alzheimer's treatment Leqembi. Sanders, who chairs the Senate Health Committee, in a letter to HHS Secretary Xavier Becerra called the $26,500 annual price tag for Leqembi set by drugmakers Eisai and Biogen "unconscionable." Sanders said the "outrageously high price" of Leqembi "will prevent seniors who need this drug from receiving treatment." Most Medicare patients suffering from Alzheimer's would not be able to afford the 20% co-payment of more than $5,000 a year for Leqembi, Sanders said. Co-payments, along with coinsurance and deductibles, are medication and health services costs that patients must personally pay for out of pocket, as opposed to being covered by their health insurance.

Persons: Sen, Bernie Sanders, Sanders, Xavier Becerra, drugmakers Eisai, Becerra, Mr Organizations: U.S, Capitol, U.S . Health, Human Services Department, Health, Medicare, HHS, Services, Leqembi, Democratic, Senate, Clinical Locations: Washington , DC, Vermont

☆ How one DeSantis speech captured the dynamic that could decide 2024
▼ + stars: | 2023-06-06 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +17 min

The next 30 minutes of DeSantis’ speech then demonstrated how Biden might survive despite all the doubts about his performance and capabilities. In that way, DeSantis’ first swing through Iowa showed why Republicans are still at risk in 2024 from a key dynamic that dashed their hopes of a sweeping “red wave” in 2022. Many strategists in both parties believe that dynamic is most likely to recur in 2024 if the GOP nominates Trump. One reason, Republicans argue, is that the eventual nominee likely will talk about these issues less in a general election. Beset by all the difficult domestic conditions DeSantis highlighted, Biden will likely struggle straight through November 2024 to affirmatively convince a majority that his performance deserves another term.

Persons: Ron DeSantis, Joe Biden, Biden, DeSantis, Donald Trump, ”, Sarah Longwell, MAGA Trump, “, Trump, Chris Wilson, Republican pollster, Jesse Ferguson, SRSS, “ Biden, Ronald Reagan, Bill Clinton, George W . Bush, “ DeSantis, Ferguson, don’t, –, David Kochel, Kochel, can’t, Mitt Romney, Hillary Clinton’s, suburbanites, Nick Gourevitch, DeSantis ’, dethroning Trump, Sen, Bernie Sanders, Biden “ Organizations: CNN, Florida Gov, Biden’s, Republicans, GOP, Trump, Republican, Longwell, Biden, White House, White, Edison Research, House, Democrats, Senate, Fox News, Walt Disney Co, Democratic, eventual Locations: Iowa, Des Moines, Biden’s America, America, Florida, Arizona , Georgia, Nevada , New Hampshire , Pennsylvania, Wisconsin, Michigan

☆ Cornel West, Progressive Scholar, Announces Third-Party Bid for President
▼ + stars: | 2023-06-05 | by ( Maggie Astor | ) www.nytimes.com time to read: +1 min

Cornel West, the progressive activist and professor, announced a presidential campaign on Monday with the People’s Party, a third party led by a former campaign staff member for Senator Bernie Sanders. “I enter in the quest for truth, I enter in the quest for justice, and the presidency is just one vehicle to pursue that truth and justice — what I’ve been trying to do all of my life,” Dr. West said in a campaign video posted on Twitter. In the video, Dr. West said he had decided to run as a third-party candidate because “neither political party wants to tell the truth about Wall Street, about Ukraine, about the Pentagon, about Big Tech.” He called former President Donald J. Trump, the front-runner for the Republican nomination, a “neo-fascist,” and President Biden a “milquetoast neoliberal.”Dr. West has taught at Yale, Princeton and Harvard and is currently a professor of philosophy at Union Theological Seminary. He is known for his progressive activism, including his sharp criticism of former President Barack Obama.

Persons: Cornel West, Bernie Sanders, “, I’ve, ” Dr, West, Donald J, Trump, Biden, Dr, Barack Obama Organizations: People’s Party, Twitter, Pentagon, Big Tech, Republican, Yale, Princeton, Harvard, Union Theological Seminary Locations: Ukraine

☆ Why running for president has a lot of upsides, even for the candidates who lose
▼ + stars: | 2023-06-03 | by ( Kimberly Leonard | Warren Rojas | ) www.businessinsider.com time to read: +12 min

Often, candidates can even get the book deals before they run for president, especially if there's a lot of buzz around them. CNN host and debate moderator Wolf Blitzer stands in front of the Republican presidential candidates in 2016. outlook has taken hold among both Republican and Democratic presidential candidates. Numerous presidents were once failed presidential candidates, including Lyndon Johnson, Richard Nixon, George H.W. "The only way to learn how to run for president," Sullivan said, "is to run for president."

Persons: —, Donald Trump, Ron DeSantis, Nikki Haley, Sen, Tim Scott of, Asa Hutchinson, Vivek Ramaswamy, Larry Elder, Mike Pence, Chris Christie, Doug Burgum, It's, Marco Rubio's, Terry Sullivan, Sullivan, who've, Pete Buttigieg, Kamala Harris, Kent Nishimura, aren't, Kamala Harris of, Joe Biden, Stacy Rosenberg, Haley, Glenn Youngkin —, Elizabeth Warren, Bernie Sanders, J, Miles Coleman, Ball, Mike Huckabee, Spencer Platt, Rosenberg, Doug Heye, Trump Adam Kinzinger hasn't, Archie Bunker, Trump, Hutchinson, Sanders, Michael Benet of, Biden, Heye, Rubio, John Hickenlooper, Hickenlooper, Wolf Blitzer, David J, Phillip, Hillary Clinton, Scott, Jimmy Carter, Bill Clinton, he's, Coleman, Lyndon Johnson, Richard Nixon, George H.W, Bush — Organizations: Service, GOP, Florida Gov, Arkansas Gov, New, New Jersey Gov, North Dakota Gov, White, Trump, Transportation, Los Angeles Times, Getty, Carnegie Mellon University's Heinz College of Information Systems, Public, Virginia Gov, Publishers, Macmillan Publishing, Senators, University of Virginia Center for Politics, Former Arkansas Gov, Fox News, Netflix, Republican, Democratic, Child Tax, Florida Republican, Capitol, CNN, Georgia Gov Locations: Florida, Tim Scott of South Carolina, Arkansas, New Jersey, Millenial, South Bend , Indiana, Kamala Harris of California, Virginia, Iowa, California, Illinois, United States, Michael Benet of Colorado, Colorado, New Hampshire

☆ Childcare is about to get even more expensive at the end of September unless Congress acts
▼ + stars: | 2023-06-03 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +3 min

Federal funding helped keep more than 200,000 childcare providers afloat in recent years. Unless Congress acts, many parents could face even higher childcare costs. During the pandemic, Congress provided over $52 billion to states to support the childcare system, which helped 220,000 childcare providers stay afloat, according to the Department of Health and Human Services. "The American Rescue Plan provided critical funding that made child care available to millions of children and allowed child care programs throughout our country to stay open. Providing states additional childcare funding could be an uphill battle.

Persons: —, Sen, Bernie Sanders, Cindy Lehnhoff, Sanders, they've, Louisiana Sen, Bill Cassidy Organizations: Service, Department of Health, Human Services, Department, Labor, National Association for, Education of Young, National, Association, Office Locations: America, Louisiana

☆ Some Democrats don't like Biden and McCarthy's debt-ceiling bill — but they'll vote for it because 'the macro alternative is absolutely indigestible'
▼ + stars: | 2023-06-02 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Many Democratic lawmakers are unhappy with the debt-ceiling bill that just passed the House. But some of them will vote for the bill anyway because they say a default would be far worse. "The macro alternative is absolutely indigestible," Rep. Jamie Raskin told Politico. On Wednesday night, the House easily passed Biden and McCarthy's Fiscal Responsibility Act with a bipartisan vote of 314-117. Other Democrats feel the same — but fear a default on the nation's debt would be worse than signing the bipartisan debt-ceiling bill into law.

Persons: Jamie Raskin, —, Joe Biden's, Kevin McCarthy's, they'll, Biden, Vermont Sen, Bernie Sanders, Politico, Sen, Elizabeth Warren of, she's, Janet Yellen, McCarthy, Alexandria Ocasio, Ro Khanna, Chuck Schumer, Nobody's Organizations: Democratic, Service, Congressional, Office, SNAP, Elizabeth Warren of Massachusetts, Politico, Republicans, Social Security, Medicare, Congressional Progressive Caucus, Caucus, Twitter Locations: Vermont, Alexandria, Cortez

☆ The Senate passes the bipartisan debt ceiling bill, sending it to Biden's desk just days before the US defaults
▼ + stars: | 2023-06-02 | by ( Lauren Steussy | Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

The Senate made surprising progress Thursday night on the debt ceiling bill, passing it 63 to 36. The bill now heads to President Joe Biden's desk, where it will be signed into law. Leading up to the votes, a number of Democratic senators were unhappy with a range of provisions in the bill. And while other Democratic lawmakers agreed with Sanders' points, they felt a default on the nations' debt would be worse than passing the bill. Now the legislation heads to Biden's desk, where he will sign the bill into law to suspend the debt ceiling through January 2025.

Persons: Joe Biden's, Monday, —, Joe Biden, Kevin, McCarthy, Biden, Chuck Schumer, Sen, Bernie Sanders, Sanders, Elizabeth Warren Organizations: Service, Congressional, SNAP, Twitter, Politico, Republicans

WASHINGTON, May 31 (Reuters) - A divided U.S. House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to overcome opposition led by hardline conservatives and avoid a catastrophic default. The measure, a compromise between Biden and House Speaker Kevin McCarthy, drew opposition from 71 hardline Republicans. Progressive Democrats - who along with Biden had resisted negotiating over the debt ceiling - oppose the bill for a few reasons, including new work requirements from some federal anti-poverty programs. Senator Bernie Sanders, a progressive independent who caucuses with the Democrats, said he would oppose the bill due to inclusion of an energy pipeline and extra work requirements. The debt-ceiling standoff prompted ratings agencies to warn that they might downgrade U.S. debt, which underpins the global financial system.

Persons: Joe Biden's, Biden, Kevin McCarthy, Chip Roy, Jim McGovern, Chuck Schumer, Mitch McConnell, Schumer, Rand Paul, Bernie Sanders, Sanders, White, DBRS Morningstar, Fitch, David Morgan, Richard Cowan, Moira Warburton, Gram Slattery, Julio, Cesar Chavez, Kanishka Singh, Scott Malone, Rosalba O'Brien, Alistair Bell, Diane Craft Organizations: House, Republicans, Republican, Senate, Caucus, Progressive Democrats, Democratic, Office, NEXT, Twitter, Internal Revenue Service, P Global, Thomson Locations: United States

The debt deal clears the HouseThe debt-ceiling deal is a step closer to becoming law after its breezy passage in the House last night, making the prospect of a U.S. default all the more remote. Investors expressed relief, sending global markets and U.S. stock futures higher this morning. The bill now heads to a final vote in the Democratic-controlled Senate. The House vote was always seen as riskier, but the bill’s passage in the upper house is by no means a fait accompli. And some fiscal hawks in his party see the deal as a betrayal.

Persons: Rand Paul, Bernie Sanders, Biden’s, Mitch McConnell, Kevin McCarthy, McCarthy, Jim Jordan of Organizations: Democratic, Republican, The Times, Republicans Locations: U.S, Kentucky, Vermont, Jim Jordan of Ohio

☆ UAW union outlines lofty demands ahead of critical negotiations with Detroit automakers
▼ + stars: | 2023-06-01 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

United Auto Workers members on strike picket outside General Motors' Detroit-Hamtramck Assembly plant on Sept. 25, 2019 with Vermont Sen. Bernie Sanders (far left) in Detroit. DETROIT – The United Auto Workers union appears ready to take a hard line when it comes to national negotiations this year with the Detroit automakers, warning of strikes or work stoppages, if needed. UAW President Shawn Fain said the "union will not accept any concessions" from General Motors , Ford Motor and Stellantis – a lofty mission in such negotiations. Contract talks between the union and automakers usually begin in earnest in July ahead of mid-September expirations of the previous four-year agreements. Union leaders, led by Fain, are largely newly elected officers that ran on platforms of standing up to companies and reforming the organization following a years-long federal corruption scandal that partially involved prior negotiations.

Persons: Vermont Sen, Bernie Sanders, Shawn Fain, Fain, Ford Organizations: United Auto Workers, General Motors, Hamtramck Assembly, Vermont, Detroit . DETROIT –, Detroit, UAW, Ford Motor, Union, Detroit automakers, GM Locations: Detroit, Hamtramck, Detroit .

☆ UAE oil chief is ‘the perfect person’ to lead UN climate talks, COP28 director general says
▼ + stars: | 2023-06-01 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

The UAE will host the COP28 climate summit from Nov. 30 through to Dec. 12. The director general of COP28 on Thursday defended the appointment of oil executive Sultan al-Jaber, describing the Abu Dhabi National Oil Company CEO as the "perfect person" to lead the climate talks. The UAE, the third-largest oil-producing member of the OPEC alliance, will host the COP28 climate summit from Nov. 30 through to Dec. 12. Asked by CNBC's Dan Murphy to respond to the calls to remove al-Jaber as president-designate of the summit, COP28 Director General Majid al-Suwaidi said: "This is a discussion that we've seen a lot in the media. "As the UAE we've been really focused on how do we deliver the results we need for COP28 and I know that Dr. Sultan is the perfect person to do that.

Persons: Sultan al, Jaber, COP28, Joe Biden, Ursula von der Leyen, Bernie Sanders, Elizabeth Warren, CNBC's Dan Murphy, Majid al, Suwaidi, we've, —, they're, Sultan Organizations: Abu, Abu Dhabi National Oil Company, European, United, U.S, UAE we've Locations: UAE, COP28, Abu Dhabi, United Arab Emirates

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