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WASHINGTON — Senate Minority Leader Mitch McConnell said Tuesday that House Speaker Kevin McCarthy should lead the way on crafting a solution to the debt ceiling deadline so the United States can keep paying its bills. But Democratic leaders and President Joe Biden say they will not entertain cuts or other negotiations tied to the debt ceiling. While McConnell has negotiated past deals with Biden, including when he was vice president, McCarthy has little experience negotiating complicated deals with Democrats. Senate Majority Leader Chuck Schumer, D-N.Y., agreed with McConnell that the onus is on McCarthy to move on the debt limit. The Treasury Department says it is using "extraordinary measures" to keep paying the country's bills after it hit the statutory debt ceiling last week.

As speaker, McCarthy has the authority to choose a chairman and Republican members of the panel. Jeffries, as minority leader, can nominate Democrats to serve on the panel, but McCarthy has the power to reject them. He has specifically targeted Schiff and Swalwell who played a major role in the impeachments of former President Donald Trump. Those actions angered McCarthy and for months he has vowed to block Schiff and Swalwell from the Intelligence panel. As recently as Jan. 12, McCarthy told reporters he would not seat Schiff and Swalwell who regularly antagonize McCarthy during cable news appearances.

☆ Elizabeth Warren says Republicans are 'running a con game' with the debt ceiling, and repealing Trump's tax breaks for the wealthy should come first
▼ + stars: | 2023-01-23 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Republicans want to cut spending on things like Social Security before raising the debt ceiling. But Warren said that the GOP is running a con game, and Trump's tax cuts should be repealed first. But Senator Elizabeth Warren thinks that it's time to take a look at rolling back tax cuts on the wealthy. "They claim their plan to use the debt ceiling to trigger global economic chaos is about fiscal responsibility. "The House Republican plan for the debt ceiling is about protecting the wealthy and the well-connected from paying their fair share in taxes — nothing more and nothing less."

☆ GOP Rep. George Santos should resign from Congress, New York state voters say in new poll
▼ + stars: | 2023-01-23 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Scandal-plagued Republican Rep. George Santos should resign from Congress, voters from his own state of New York said overwhelmingly in a new poll released Monday. Some 59% of registered Empire State voters say Santos, who admitted he lied and is facing multiple investigations, should resign, according to the latest survey by the Siena College Research Institute. The poll of 821 New York state registered voters, conducted between Jan. 15-19, has a margin of error of 4.3 percentage points. House Speaker Kevin McCarthy, R-Calif., and other top Republicans have declined to join calls for Santos to resign. If Santos were to leave office, it would likely trigger a competitive special election in New York for his seat.

☆ Adam Schiff, Disinformation Man
▼ + stars: | 2023-01-21 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

House Republicans are preparing to strip Adam Schiff of his Intelligence Committee seat, and his media allies are rallying to the California Democrat’s defense. Maybe that’s because he was such a useful source against Republicans over the years, as the latest documents released by Twitter show. The media says House Speaker Kevin McCarthy ’s motive for removing the ranking House Intel member is retribution for Nancy Pelosi’s unprecedented decision to strip two Republicans of committee seats in the last Congress. No doubt Republicans want Democrats to meditate on the consequences of their norm-busting. But Mr. McCarthy has offered a good reason for giving the Californian the boot: “Adam Schiff openly lied to the American public.”

☆ As debt ceiling deadline looms, here's what it could mean for Social Security and Medicare
▼ + stars: | 2023-01-19 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

That has advocates for Social Security and Medicare worried that lawmakers will try to amend those programs. Unlike a government shutdown, where Social Security and Medicare benefits continue to flow, that may not be the case with a default, according to Adcock. However, the Social Security Administration may delay payments to ensure it has enough cash on hand, he said. "Social Security I'm sure will get paid, interest on the debt will get paid," he said. Why some worry about Social Security benefit cuts

The world's largest economy risks defaulting on its debt for the first time in modern history this summer as politicians wrangle over raising the country's debt limit, currently capped at $31.4 trillion. The U.S. is expected to reach its debt limit Thursday, Treasury Secretary Janet Yellen said last week. But coming to a deal to increase the U.S. debt limit won't be easy in a political environment that's grown even more polarized in the past decade. While conservative members of his caucus insist they do not want the country to default on its debt, McCarthy is under pressure to demand deep spending cuts. Another top Wall Street CEO said he planned to push lawmakers at Davos to focus more on spending cuts rather than the debt ceiling.

☆ Peloton Names Twitter’s Former Top Marketer as CMO
▼ + stars: | 2023-01-17 | by ( Katie Deighton | ) www.wsj.com time to read: +2 min

Peloton Interactive Inc. named former Twitter Inc. marketer Leslie Berland as its chief marketing officer. Ms. Berland was previously chief marketing officer and head of people at Twitter, where she worked for nearly seven years. She departed the company last November along with a raft of other executives following Elon Musk ‘s takeover of the company. Ms. Berland is joining Peloton as the company attempts a comeback following a rocky 2022. Newsletter Sign-up WSJ | CMO Today CMO Today delivers the most important news of the day for media and marketing professionals.

☆ Kevin McCarthy says he's 'always had a few questions' about George Santos' resume
▼ + stars: | 2023-01-17 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +2 min

Kevin McCarthy told MSNBC he's always "had a few questions" about George Santos' CV. A Santos staffer has been accused of impersonating McCarthy's chief of staff in 2020 and 2022. McCarthy told MSNBC he has spoken to Santos about the impersonation scandal. MSNBC also asked McCarthy about a CNBC report published in January about Sam Miele, a Santos staffer. Representatives for Santos and McCarthy did not immediately respond to Insider's requests for comment.

☆ New York Democrats ask Republican leaders to ‘forthrightly cooperate’ with Santos investigations
▼ + stars: | 2023-01-15 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Summer-Concepcion-Byline-Jm.Jpg | Summer Concepcion | ) www.nbcnews.com time to read: +3 min

Two Democratic lawmakers from New York called on GOP leaders Sunday to “forthrightly cooperate” with all the investigations into freshman Rep. George Santos, the Republican who confessed to having fabricated large parts of his résumé. The letter points to a recent New York Times report that detailed GOP leaders’ awareness of Santos’ false claims before the November midterms election. The report expanded "upon the degree to which each of you had at least some foreknowledge of Mr. Santos’s lies," Goldman and Torres wrote. "But it is altogether something else if the top levels of Republican leadership knew about Mr. Santos’s lies during the campaign and chose to be complicit." House Republicans’ calls for Santos to resign have grown in the past week after state GOP leaders and lawmakers in New York said he should step aside.

☆ McCarthy Renews Calls for Spending Cuts to Raise Debt Ceiling
▼ + stars: | 2023-01-15 | by ( Daniella Cheslow | ) www.wsj.com time to read: 1 min

House Speaker Kevin McCarthy on Sunday didn’t commit to specific cuts, nor did he rule out any parts of the budget for reductions. WASHINGTON—House Speaker Kevin McCarthy (R., Calif.) said Sunday he would seek to negotiate with President Biden over raising the federal debt ceiling but renewed his calls for cuts in spending, days after the Treasury Department said the government may not be able to pay its bills by early summer. “Let’s sit down together. Let’s look at the places that we can change our behavior,” Mr. McCarthy said in an interview on Fox News. “Why would we sit back and be so arrogant to say, ‘No, there’s no waste in government?’”

☆ Trump claimed credit, but a GOP congressman says the former president had 'no influence' over anti-McCarthy conservatives during the contentious vote for the House speakership
▼ + stars: | 2023-01-15 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Former President Trump has claimed credit for helping Kevin McCarthy win the House speakership. However, several ardent conservatives told ABC that Trump had no real impact during the process. "President Trump had no influence on the votes, myself or any of my colleagues," Rep. Bob Good said. However, Trump backed McCarthy's bid and claimed credit for helping get the GOP leader over the finish line. However, McCarthy personally thanked Trump immediately after winning the speakership, stating that no one "should doubt his influence."

☆ Merrick Garland appoints special counsel to probe Biden's mishandling of classified documents
▼ + stars: | 2023-01-12 | by ( Brent D. Griffiths | Nicole Gaudiano | ) www.businessinsider.com time to read: +7 min

Attorney General Merrick Garland appointed a special counsel to probe Biden's mishandling of classified information. "Mr. Hur has a long and distinguished career as a prosecutor," Garland told reporters after announcing his decision. Garland added that US attorney John Lausch, a Trump appointee who has guided the preliminary investigation, told Garland that he could only lead the initial stages of the probe. Responding to Garland's announcement, Richard Sauber, special counsel to the president, called the mishandling of documents a "mistake." "As I said earlier this week, people know I take classified documents and classified material seriously," Biden told reporters.

☆ C-SPAN Seeks Fuller Access to House Floor After Dramatic Speaker Vote
▼ + stars: | 2023-01-11 | by ( Natalie Andrews | ) www.wsj.com time to read: 1 min

CSPAN was shown on a television in Statuary Hall of the Capitol during sessions to elect a speaker. WASHINGTON—Television network C-SPAN requested that its cameras be allowed regular access to the House chamber this Congress, citing the positive response to its coverage of the election of House Speaker Kevin McCarthy, which included a dramatic confrontation on the floor during the final night of voting. C-SPAN’s expanded access to the chamber was limited to the speaker vote. In a letter, co-CEO Susan Swain asked that Mr. McCarthy allow the network to continue to use its own staff and cameras to film floor proceedings on behalf of both the network and other news organizations, rather than rely on tightly restricted shots provided by government employees.

☆ House Passes Rules Package as Republicans Regroup After Speaker Fight
▼ + stars: | 2023-01-10 | by ( Natalie Andrews | ) www.wsj.com time to read: 1 min

WASHINGTON—House Republicans passed a rules package Monday dictating the terms of the next session of Congress, the first test for House Speaker Kevin McCarthy (R., Calif.) in keeping his raucous conference united. The rules package, a required step before moving on to legislation, is typically passed on the first day of a new Congress. But it was delayed by the GOP fight to elect a new speaker. Mr. McCarthy prevailed early Saturday morning on the 15th ballot over four days, after making a series of concessions to holdouts.

☆ House Democrats brace for Speaker McCarthy to block their committee assignments in retaliatory strike
▼ + stars: | 2023-01-10 | by ( Warren Rojas | Nicole Gaudiano | ) www.businessinsider.com time to read: +4 min

House Speaker Kevin McCarthy has pledged to bar three Democrats from sitting on two committees. Republicans are targeting Democratic Reps. Adam Schiff, Eric Swalwell, and Ilhan Omar. Democrats declined to speculate on next steps if McCarthy follows through on his plan. Swalwell has served on the Intelligence committee since 2015, and is also a member of the Homeland Security Committee and Judiciary Committee. Staff for House Minority Leader Hakeem Jeffries did not immediately respond to Insider's request for comment about defending Democratic members' committee assignments.

☆ House Rules Vote to Test Unity of Republicans After Speaker Fight
▼ + stars: | 2023-01-09 | by ( Natalie Andrews | ) www.wsj.com time to read: 1 min

WASHINGTON—House Speaker Kevin McCarthy (R., Calif.) will face his first challenge in keeping his raucous conference united Monday, as Republicans aim to pass a rules package dictating the terms of the next session of Congress, a required step before moving on to legislation. The rule package is typically passed on the first day of a new Congress. But it was delayed by the GOP fight to elect a new speaker. Mr. McCarthy prevailed early Saturday morning on the 15th ballot over four days, after making a series of concessions to holdouts.

☆ House Republicans Turn Focus to Spending, China After Dramatic Speaker Vote
▼ + stars: | 2023-01-09 | by ( Nick Timiraos | ) www.wsj.com time to read: 1 min

WASHINGTON—The House will dive into its first week of substantive work with bills to cut Internal Revenue Service funding and investigate economic competition from China, after a leadership election that underscored Republican divides and the fragile position of Speaker Kevin McCarthy (R., Calif.). Mr. McCarthy prevailed in his quest to be speaker of the Republican-controlled House shortly after midnight on Saturday. A small group of Republican holdouts had blocked him on 14 earlier ballots last week, turning a usually perfunctory process into a dayslong drama that previewed the potential for months of turmoil on spending issues in the narrowly divided chamber.

☆ 'We were duped': How George Santos raised money from wealthy GOP donors while lying about his resume
▼ + stars: | 2023-01-09 | by ( Brian Schwartz | ) www.cnbc.com time to read: +10 min

His name was actually Sam Miele, and he worked for Santos raising money for his campaign, according to one GOP donor who contributed to Santos' campaign. In raising money for his campaign, Santos fed donors the same falsehoods he gave voters, campaign fundraisers and others say. "We were duped," said a Republican political strategist close to GOP donors and the leadership of the Republican Jewish Coalition. The RJC is considered the most prominent group of Jewish Republican donors, making gatherings such as the Hanukkah event key networking platforms for politicians. Vallone gave $17,900 in August between Santos' campaign, his leadership PAC and a joint fundraising committee, according to FEC records.

☆ Mike Rogers posts mea culpa to Florida congressman Matt Gaetz for lunging at him on the House floor
▼ + stars: | 2023-01-09 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Alabama congressman Mike Rogers posted a mea culpa to his colleague, Matt Gaetz. Rogers was seen lunging at Gaetz in a tense moment on the House floor on Friday night. "I regret that I briefly lost my temper on the House Floor Friday evening and appreciate Matt's kind understanding." Rogers was seen lunging at Gaetz on the House floor on Friday night. McCarthy was then seen engaging in a tense conversation with Gaetz amongst a huddle of Republicans on the House floor.

☆ GOP Rep. blasts 'backroom' deals to get Kevin McCarthy the speakership: 'Matt Gaetz is a fraud'
▼ + stars: | 2023-01-09 | by ( Taiyler Simone Mitchell | ) www.businessinsider.com time to read: +4 min

Rep. Kevin McCarthy became House Speaker Saturday morning after conceding to far-right lawmakers. On CBS's "Face The Nation," Rep. Nancy Mace condemned Rep. Matt Gaetz for capitalizing on the vote. "I ran out of things I could even imagine to ask for," Gaetz told CNN after the 15th vote. "We don't know what they got or didn't get," Mace told Brennan, condemning the "backroom" deals. Representatives for Mace, Gaetz, and McCarthy did not immediately respond to Insider's request for comment.

☆ Live Vote Count: Tracking the House Rules Package Vote
▼ + stars: | 2023-01-09 | by ( Allison Mccartney | Emily Cochrane | ) www.nytimes.com time to read: +1 min

Republicans are set to vote on the rules that govern how the House operates, just days after a marathon round of ballots to elect Kevin McCarthy as speaker. The House is expected to vote soon on the rules package. A table that shows the current tally for the most recent vote on the House rules package. Next: House Rules Package Vote Tally Total Dem. Yes 0 0 0 Needed to pass No 0 0 0 Yes Needed to win No Note: Vote tally is unofficial.

☆ Kevin McCarthy Wins Election as House Speaker After Days of Grueling Negotiations
▼ + stars: | 2023-01-07 | by ( Natalie Andrews | Eliza Collins | ) www.wsj.com time to read: 1 min

WASHINGTON—Republican Kevin McCarthy won election as House speaker on the 15th ballot after days of grueling negotiations that turned detractors in his favor for the chamber’s top job, and forced leadership to make concessions to the party’s far-right members up to the last moment of sometimes-heated discussions on the House floor. The victory marked a personal achievement for Mr. McCarthy, 57, who had failed to secure the speakership more than seven years ago, and clawed his way to a win early Saturday morning after four days of repeated rejections.

Share this -Link copiedMcCarthy elected speaker in 15th round McCarthy was elected House speaker Saturday shortly after midnight on the 15th ballot. Share this -Link copiedHouse reconvenes to hold 14th round of speaker votes The House has reconvened to begin the 14th round of speaker votes. Read the rest of the story, The House speaker election, in three charts. Share this -Link copiedHouse begins 13th round The House is beginning the 13th round of speaker votes. At least 14 House GOP flip to support McCarthy in twelfth speaker vote Jan. 6, 2023 01:52 Share this -Link copied

☆ McCarthy's dream job could become a nightmare
▼ + stars: | 2023-01-07 | by ( David Morgan | ) www.reuters.com time to read: +6 min

But that role could turn into a nightmare because it requires leading a caucus that strongly rejects leadership. He told reporters on Friday night that he would be a more effective leader because of the drawn-out process. So now we'll be able to get the job done," McCarthy said. The Congressional Leadership Fund, a group tied to him, contributed more than $160 million to help Republican House candidates. McCarthy sent candidates $6.5 million from his own campaign and four other entities under his control, according to his campaign team.

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