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Congress is expected later this week to take up and approve a package of six spending bills to fund half the government through the fall, after months of bitter negotiations as Republicans pressed for cuts and conservative policies. The $460 billion legislation would fund a slew of government agencies and programs, including the Environmental Protection Agency, the Justice Department and veterans affairs. It must pass in order to avert a partial government shutdown at the end of the week. Here is what to know about the 1,050-page bill on track for passage this week. The funding levels adhere to the debt limit and spending deal negotiated last year by President Biden and the speaker at the time, Kevin McCarthy, keeping spending on domestic programs essentially flat — even as funding for veterans’ programs continues to grow — while allowing military spending to increase slightly.
Persons: Biden, Kevin McCarthy Organizations: Environmental Protection Agency, Justice Department, Pentagon, Republicans
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Beijing CNN —China has set an ambitious economic growth target of “around 5%“ for 2024, as its leaders vowed to “transform the growth model” in the face of growing challenges. The growth rate for the budget is the same as last year’s. The gross domestic product (GDP) target and military spending are among the most closely watched figures during the opening day proceedings. The GDP target in particular is being closely monitored this year as China faces a raft of economic problems.
Persons: Premier Li Qiang, ” Li, , Organizations: Beijing CNN, Premier, National People’s Congress Locations: China, Beijing
Xi is under the spotlight as economic pain has sparked growing frustration within China. Xi has also overseen a political shakeup in his own ranks, further marring the start of the new term. Those challenges may not pose a threat to Xi, who is China’s most powerful and authoritative leader in decades. But the two sessions provide an important platform for China’s notoriously opaque government to broadcast its strategy for economic, social and foreign policies and announce key indicators including China’s economic growth target, its budget deficit limit and military spending for the coming year. Analysts widely expect Li to reveal a relatively ambitious growth target of “around 5%,” showing that policymakers are still focused on economic growth, even as challenges pile up.
Persons: , Xi Jinping, Xi, , Chen Gang, Li Qiang, It’s, Xuezhi Guo, Guo, Wang Yi, Qin Gang, Li Shangfu, Li, Qin, Pedro Pardo, Neil Thomas, Premier Li, Asia Society’s Thomas, Organizations: Beijing CNN —, Communist, National University of Singapore’s East Asian Institute, Getty, of, National People’s, Guilford College, Observers, Washington, Asia Society, Center for Locations: China, Beijing, Chongqing, AFP, Taiwan, China's, Henan, Center for China, Asia
Mitch McConnell is stepping down, and Republican senators have months to decide who succeeds him. The end of his reign marks a shift in the GOP, but Trump won't get to fully decide the next leader. But one thing's for sure: Trump's not going to hand-pick the next Senate GOP leader. House Republicans first chose House Majority Leader Steve Scalise to be their candidate, only handing the nomination to Jordan after Scalise dropped out. It will be important for the eventual GOP leader to demonstrate that he or she could work with Trump if he's elected, but it won't be the only thing.
Persons: Mitch McConnell, Trump, Jim Jordan's, , Mitch McConnell's, Donald Trump, It's, Sen, John Cornyn, Johns, McConnell, Joe Biden, McConnell —, McConnell's, Kevin McCarthy, Rick Scott of, Scott, Trump's, they're, Jim Jordan, Jim Jordan of, Steve Scalise, Jordan, Scalise, Anna Moneymaker, it's, Tom Emmer Organizations: GOP, Trump, Service, Republicans, Kentucky Republican, Capitol, House Republicans, Senate, Ohio Republican, Texas Republican Locations: Texas, Rick Scott of Florida, Jim Jordan of Ohio, Ohio
Congress passes stopgap bill to avert government shutdown
  + stars: | 2024-02-29 | by ( Clare Foran | Ted | ) edition.cnn.com   time to read: +5 min
The House and Senate both passed a stopgap bill on Thursday to avert a partial government shutdown at the end of the week. The House vote was 320 to 99 with 113 Republicans voting in favor and 97 Republicans voting against. “The appropriations process is ugly,” Johnson told reporters on Thursday. Rep. Marjorie Taylor Greene of Georgia, who will vote against the stopgap bill, swiped at the speaker over cutting a deal with Democrats on government funding. Rep. Tim Burchett of Tennessee, who was one of the eight Republicans who voted to oust McCarthy, said he opposed the stopgap bill and broader funding deal but was sympathetic to Johnson’s circumstances.
Persons: Joe Biden, Mike Johnson, ” Johnson, , we’ve, We’re, Johnson, Marjorie Taylor Greene, swiped, CNN’s Manu Raju, Rep, Byron Donalds of, it’s, , Kevin McCarthy, Tim Burchett, McCarthy, CNN’s Lauren Fox, Manu Raju Organizations: GOP, CNN, Louisiana Republican, Agriculture, FDA, Commerce, Justice, Science, Energy, Water, Veterans Affairs and Transportation, Housing, Urban Development, Defense, Financial Services, General Government, Homeland Security, Labor, Health, Human Services, Legislative Branch, State, Foreign Locations: Washington, Marjorie Taylor Greene of Georgia, Byron Donalds of Florida, Louisiana, Tennessee
"Better days are ahead for the Republican Party," said Rep. Matt Gaetz of Florida. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Our thoughts are with our Democrat colleagues in the Senate on the retirement of their Co-Majority Leader Mitch McConnell (D-Ukraine). No need to wait till November… Senate Republicans should IMMEDIATELY elect a *Republican* Minority Leader. But McConnell comes from a different generation than many House and Senate Republicans, and he's had a famously frosty relationship with Trump since January 6.
Persons: Mitch McConnell, That's, Matt Gaetz, , Democratic boogeyman, Republicans trashing, Kevin McCarthy, Ronna McDaniel, We’ve, McCarthy McDaniel McConnell, qZEZ7s9Ly6, Republican Sen, Josh Hawley, McConnell, Sen, Rick Scott of Florida, Hawley, Scott, Chuck Schumer, Schumer, Donald Trump, Merrick Garland, Barack Obama's, he's, Mike Lee, John Organizations: GOP, Republican Party, Service, Democratic, Republicans, Caucus, Kentucky Republican, Republican, POLITICO, McConnell's, McConnell's Democratic, Supreme, Senate Republicans, Trump Locations: Florida, Ukraine, Josh Hawley of Missouri, Utah
At an intense meeting inside the Oval Office on Tuesday, Speaker Mike Johnson was the odd man out. President Biden made clear that the speaker’s positions were out of step with other leaders in government, as did Vice President Kamala Harris. leader on the other side of the Capitol, emphasized the need for the speaker to avoid a government shutdown and provide badly needed aid to Ukraine. To put it succinctly, Mr. Johnson is in a bind. “There is not a solution that will make everyone happy and unite the Republican Party.”
Persons: Mike Johnson, Biden, Kamala Harris, Mitch McConnell, Russia — Mr, Johnson, , Ukraine’s, , Vin Weber, Kevin McCarthy Organizations: Capitol, Russia, Republican, Republican Party Locations: Ukraine, United States, Minnesota
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer House Speaker Kevin McCarthy on 2024 race, Trump vs. Biden rematch and state of the economyFormer House Speaker Kevin McCarthy joins 'Squawk Box' to discuss the state of the 2024 race, Biden vs. Trump on the economy, and more.
Persons: Kevin McCarthy, Biden, Trump Organizations: Former, Trump, Biden
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFormer House Speaker Kevin McCarthy said Tuesday during a CNBC interview he had "a real concern" about President Joe Biden's ability to effectively interact with foreign leaders, shining another spotlight on the debate around the president's age ahead of the 2024 election. His problem is age," McCarthy said during a discussion on CNBC's "Squawk Box." Vice President Kamala Harris leaped to the president's defense, blasting the special counsel's claims regarding Biden's memory as "inaccurate and inappropriate." AdvertisementBut so far, Republican voters remain solidly behind Trump, as he's won every major statewide primary or caucus since January.
Persons: , Kevin McCarthy, Joe Biden's, Biden, McCarthy, he's, Kamala Harris, Republican Sen, Mitt Romney, Donald Trump, hadn't, I've, Romney, Nikki Haley, Trump's Organizations: Service, CNBC, Business, White, California Republican, White House, Republican, Huffington, Former South Carolina Gov, Biden, Trump Locations: California, Utah
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFormer House Speaker Kevin McCarthy in a Tuesday interview said he had "a real concern" about President Joe Biden's ability to effectively interact with foreign leaders, shining another spotlight on the debate around the president's age ahead of the 2024 election. "So yes, there is a real concern here and I think that would be on top of everything else," he added. Vice President Kamala Harris leapt to the president's defense, blasting the special counsel's claims regarding Biden's memory as "inaccurate and inappropriate." But so far, GOP voters remain solidly behind Trump, as he's won every major statewide primary or caucus since January.
Persons: , Kevin McCarthy, Joe Biden's, McCarthy, Biden, he's, Kamala Harris, Republican Sen, Mitt Romney, Donald Trump, hadn't, I've, Romney, Nikki Haley, Trump's Organizations: Service, White, Business, California Republican, House, Republican, Huffington, Former South Carolina Gov, Biden, Trump, GOP Locations: California, Utah
House Republican hardliners' efforts to stonewall a budget deal ahead of a looming government shutdown could risk triggering automatic spending cuts later this spring that may put pressure on the U.S. economy's already fraught recovery. A full-year budget deal to avert the FRA cuts appears increasingly unlikely, amid staunch opposition from the House's ultraconservative wing. Freedom Caucus derailmentMembers of the House Freedom Caucus, a coalition of hardline conservatives, have been working to derail a permanent budget. Instead, they want to extend the current temporary spending resolution through the rest of the fiscal year, ensuring the FRA's spending cuts are triggered on April 30. But if the FRA's automatic spending cuts take effect, they could rattle the broader economy's teetering recovery.
Persons: Mike Johnson, Jake Sullivan, economy's, Joe Biden, Chuck Schumer, Mitch McConnell, Hakeem Jeffries, Jan, Johnson, Kevin McCarthy, McCarthy, McConnell, Piper Sandler, Nancy Lazar, Lazar, Sen, Patty Murray Organizations: National Security, U.S, Capitol, House Republican, Congressional Research Service, Caucus, Democrat, Freedom Caucus, Congressional Locations: Washington ,, stonewall, D
CNN —House Speaker Mike Johnson has the fate of a democracy and a people in his hands. It’s not the United States, which will survive – even if the coming general election results in another existential test for the constitutional system. Johnson, a backbencher who was the last-ditch choice to lead the mutinous House GOP majority last year, could relieve Ukraine’s agony and help ensure its survival as an independent nation in the coming days. Nothing can be guaranteed in a fractious Congress, with a House GOP majority that has rendered the United States close to ungovernable and is threatening America’s global leadership role. And history is watching whether Speaker Johnson will put that bill on the floor.
Persons: Mike Johnson, It’s, Johnson, Vladimir Putin, , Donald Trump, speakership, Joe Biden, Kevin McCarthy, Volodymyr Zelensky, CNN’s Kaitlan Collins, McCarthy, Hakeem Jeffries, Mitch McConnell, Chuck Schumer —, , Jake Sullivan, ” Sullivan, Putin, ” Trump, Trump, Biden, ” Rep, Byron Donalds of, ” Zelensky, , ” Johnson, David Cameron, Marjorie Taylor Greene, Radoslaw Sikorski, ” Sikorski, CNN’s “ Fareed Zakaria, Seth Moulton of, Xi, ” Moulton, Frederick Kagan Organizations: CNN —, GOP, Pentagon, Democratic Senate, White, Trump, Republican, Democratic, Ukraine, ” Biden, Biden, Washington, Democrats, House Republicans, , CNN, British, ” Democratic, Seth Moulton of Massachusetts, CNN News Central, NATO, American Enterprise Institute Locations: United States, Ukraine, Russia, Kyiv, Louisiana, Western, Moscow, ungovernable, “ State, America, America’s, Byron Donalds of Florida, Zelensky, Marjorie Taylor Greene of Georgia, British, Asia, Taiwan, Japan, China, Ukrainian
The state of Alaska — which covers 665,384 square miles (426 million acres) — is home to five of the 15 least-visited national parks for 2023. Wrangell-St. Elias National Park & Preserve, Alaska - 78,305 recreation visitsAmerica’s largest national park, Wrangell-St. Elias encompasses 13.2 million acres — or about the size of Yellowstone National Park, Yosemite National Park and Switzerland combined, the Park Service says. Dry Tortugas National Park, Florida - 84,285 recreation visitsThis island park in Florida is among 20 National Park Service sites that broke visitation records in 2023. Channel Islands National Park, California - 328,746 recreation visitsStretching over five islands and the surrounding ocean, Channel Islands National Park offer opportunities to hike, snorkel, kayak, birdwatch and more. While Pinnacles may rank among the 15 least-visited national parks, it gets very busy on weekends, holidays and throughout the spring, according to a notice on the park’s website.
Persons: Alaska’s Gates, , ” Peter Christian, fa’asamoa, Gates, , Katmai, Brooks Camp, Elias, Lumir, Nabesna, McCarthy Organizations: CNN, &, CNN Travel, of, Park Service, National Parks, & Preserve, South Pacific, Hawaiian Airlines, Lake Clark, National Park Service, Getty, Isle Royale, NPS, Wolves, Elias, Park & Preserve, Yosemite National, Voyageurs National, Voyageurs National Park, ” Voyageurs, Voyageurs, Service, Channel Locations: Alaska’s, Fairbanks, Alaska, of American Samoa, South, Samoa, Smoky, Wild Rivers, American Samoa, Honolulu, , Alaska, Isle, Lake Superior, Isle Royale, Park , Michigan, Brooks, , Washington, Wrangell, St, Elias, Yellowstone, Yosemite, Switzerland, , Florida, Florida, Key, Fort Jefferson, , Nevada, Minnesota, Voyageurs National Park , Minnesota, Canada, Guadalupe, Park , Texas, Texas, Salt, , South Carolina, South Carolina, Congaree, There’s, Santa Cruz, , California, Southern California
Former Sen. Heidi Heitkamp said Rep. Matt Rosendale suspended his campaign because he impregnated a staffer. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFormer Sen. Heidi Heitkamp is facing potential legal action after she said a Republican congressman impregnated a young staffer. Advertisement"This is 100% false and defamatory and former Sen. Heitkamp will be hearing from our lawyers soon," said Kovach.
Persons: Sen, Heidi Heitkamp, Matt Rosendale, , Heitkamp, Kevin McCarthy, Donald Trump's, Tim Sheehy, Ron Kovach, who's, Kovach Organizations: Service, Republican, North Dakota Democrat, House Republicans, Business, University of Chicago's Institute of Politics Locations: Montana, Rosendale
CNN —There is still no clear path to avert a partial government shutdown at the end of the week, with just four days until Congress runs into a key funding deadline. Lawmakers had hoped to release the text of a bipartisan spending deal Sunday evening, but the bill has yet to be unveiled. As the clock ticks down to the deadline, Senate Democrats expressed anger and frustration Monday at the growing risk of a shutdown as many criticized House Republicans over the impasse. “Right now, the Republicans can’t seem to get themselves organized just to sign off on the basic work they’re supposed to do. In the Senate, agreement would need to be reached with the consent of all 100 senators to swiftly move any legislation before the deadline to avert a partial shutdown.
Persons: Mike Johnson, ” Sen, Elizabeth Warren of, CNN’s Manu Raju, , Republicans can’t, Jon Tester, , Raju, Joe Manchin, Chuck Schumer, Johnson, Schumer, ” Johnson, Mitch McConnell, McConnell, We’re, Joe Biden, Alejandro Mayorkas, It’s, Kevin McCarthy, Manu Raju, Sam Fossum, Melanie Zanona, Haley Talbot, Betsy Klein, Tami Luhby, Priscilla Alvarez Organizations: CNN, Lawmakers, Louisiana Republican, House Republicans, Republicans, Montana Democrat, West, West Virginia Democrat, House Republican, GOP, Senate, Capitol, White, Senators, Homeland, Schumer, Agriculture, Energy, Transportation, Veterans Affairs, Urban, and Drug Administration, Justice, Commerce, Defense, Homeland Security, State, Education, Human Services, Environmental Protection Agency Locations: Louisiana, Elizabeth Warren of Massachusetts, Montana, West Virginia, New York, Ukraine, Washington, Housing
CNN —The stars were out in force to watch Lionel Messi’s Inter Miami against LA Galaxy in Sunday’s 1-1 draw – and the Argentine, unsurprisingly, didn’t disappoint. LA Galaxy, once a home for some of Major League Soccer’s superstar signings following David Beckham’s arrival in 2007, took the lead in the 75th minute through Serbian striker Dejan Joveljić. Despite its new star-studded lineup, which now also features Luis Saurez, Jordi Alba and Sergio Busquets, Inter Miami was thoroughly outplayed for much of the match and looked to be heading for defeat until Messi’s intervention in the 92nd minute. Former Galaxy star Beckham, who has a statue outside of the the club’s stadium and is now a part-owner of Inter Miami, didn’t celebrate the equalizing goal against his former team. Actors Edward Norton and Liv Tyler watched alongside David Beckham and son Brooklyn Beckham.
Persons: Lionel Messi’s, Novak Djokovic, Halle Berry, Edward Norton, Liv Tyler, Anderson Paak, Tobin Heath, Diana Taurasi, David Beckham’s, Dejan Joveljić, Luis Saurez, Jordi Alba, Sergio Busquets, Kevork Djansezian, Messi, Alba, John McCarthy, Marco Delgado, Busquets, Beckham, , Riqui Puig, Gerardo Martino, ” Martino, Joseph Paintsil, David Beckham, Brooklyn Beckham, Leo, , Cristiano Ronaldo Organizations: CNN, Lionel Messi’s Inter Miami, LA Galaxy, Argentine, Christen Press, Major League, Serbian, Inter Miami, Barcelona, Galaxy, Miami, didn’t, North, Messi Locations: Miami, Argentina, North America
China moon spacecraft named ‘Dream Vessel’
  + stars: | 2024-02-26 | by ( Simone Mccarthy | ) edition.cnn.com   time to read: +3 min
Hong Kong CNN —China’s space agency has revealed the names of the spacecraft that it hopes will take Chinese astronauts to the moon by the end of the decade. In a news release over the weekend, the China Manned Space Agency said development was “progressing well” on the spaceship Mengzhou, or Dream Vessel, the lander, Lanyue, or Embracing the Moon, and a super-heavy-lift carrier rocket named Long March 10. The name Mengzhou is linked to the “Chinese nation’s dream of landing on the moon,” it added. The United States is ramping up its lunar program, with NASA last month announcing its plan to land astronauts on the moon in 2026, a year behind its original schedule. Last week, the commercial Odysseus lunar lander developed by Intuitive Machines became the first US-made spacecraft to touch down on the moon in 50 years.
Persons: “ Lanyue ”, Mao Zedong, Xi Jinping’s, Japan’s Organizations: Hong Kong CNN, China Manned Space Agency, NASA, Machines Locations: Hong Kong, China, Beijing, People’s Republic of China, United States, Japan, India
“Seeing as how President Trump endorsed Mike Bost, Matt always finds himself on the wrong side of history,” Miller told CNN. After the GOP leadership’s candidate, Craig Riedel, was caught on tape criticizing Trump, multiple Republicans pulled their endorsement, including Miller and House GOP Conference Chairwoman Elise Stefanik. And now, Miller is inserting herself into another incumbent primary race in Illinois: She also is backing Bailey over Bost, her House GOP colleague. But this time, Miller and Gaetz are on the opposite side of Trump in the race. “Darren Bailey proudly stands with President Trump despite disagreeing with him on this endorsement,” a campaign spokesman said.
Persons: Donald Trump’s, Manu Raju ’, Mike Johnson, Donald Trump, Matt Gaetz, Johnson, Trump, Mike Bost, MAGA, Darren Bailey, Richard Hudson of, Max Miller, Bost, , Kevin McCarthy, Matt, ” Miller, , ” Darren Bailey, Terrence Antonio James, Tom Williams, Gaetz, Miller, Bailey, ” Gaetz, “ I’ve, he’s, Gaetz “, ” Bost, He’s, , Sen, Steve Daines, Republican leadership’s, Matt Rosendale, Craig Riedel, Elise Stefanik, Derek Merrin, Merrin, Byron Donalds of, JD Vance, Marcy Kaptur, Mary Miller of, Caucus hardliner, Rodney Davis, Davis, Bailey’s MAGA, Mike, ” Davis, that’s, it’s, “ Darren Bailey, Gaetz Gaetz, McCarthy, Carlos Gimenez, Don Bacon, I’ve, don’t, Reagan, shrugged, Sam Fossum, Morgan Rimmer, Christine Park Organizations: Republican, Rep, Republicans, Mar, Lago, Trump, Ohio, GOP, Florida Republican, CNN, Chicago Tribune, Getty, Capitol, Bost, Caucus, Air Force, Senate, Congressional, Democratic, House GOP, House Republican Conference, Getty Images Party, Republican JR Majewski, Street Caucus, , Nebraska Republican Locations: Illinois, Richard Hudson of North Carolina, Johnson, Hudson, Florida, Springfield , Illinois, Herrin , Illinois, McCarthy, Ukraine, Montana, House, Ohio’s, Ohio, Byron Donalds of Florida, Mary Miller of Illinois
CNN —Melissa McCarthy was the ultimate fangirl at the SAG Awards on Saturday when she asked Billie Eilish for an autograph onstage. Eilish ended up signing her name – with permanent marker – right on McCarthy’s forehead while the pair were presenting the award for outstanding performance by a female actor in a comedy series. While McCarthy attempted to continue gushing over Eilish while she was mid-signature, the singer hilariously covered McCarthy’s mouth as the audience bellowed with laughter. “We’ve actually met before,” McCarthy said, going on to correct herself that they’ve actually met three times. And one of my dogs.”She went on to gush that she actually met Eilish “in utero” before she was even born, because Eilish’s mother, Maggie Baird, was McCarthy’s improv teacher years ago.
Persons: Melissa McCarthy, Billie Eilish, Eilish, McCarthy, she’s “, hilariously, “ We’ve, ” McCarthy, they’ve, you’ve, Maggie Baird Organizations: CNN Locations: gush
Stefanik has often explained it herself: She saw Trump’s popularity in her upstate New York district and got on board. That first impeachment proceeding made her a “Republican star,” as Trump himself said at the time. When there was a nationwide baby formula shortage in 2022, Stefanik blamed the “White House, House Dems, & usual pedo grifters” on social media. One upset donor told CNN in 2023 that he gave to Santos “because of Elise Stefanik’s endorsement.” Stefanik frequently denied any previous knowledge of his Santos’ history. “The American people stand with President Trump,” Stefanik wrote, “against the unethical, unconstitutional, and unprecedented weaponization of the judicial system.”CNN’s Alayna Treene contributed to this story.
Persons: , Donald Trump –, Elise Stefanik, Trump’s, , Stefanik, Trump’s staunchest, Joe Biden’s, Claudine Gay, she’d, Paul Ryan, Trump, she’s, MAGA, , ” Stefanik, Kevin McCarthy, Ohio Sen, J.D, Kari Lake, Kristi Noem, Sarah Huckabee Sanders, Nikki Haley, Vance, Ben Carson, Jim Jordan of, Florida’s Matt Gaetz, Steve Bannon, Vivek Ramaswamy, , he’s, Nancy Pelosi, ” “, George Santos, Santos “, Elise Stefanik’s, Santos, Letitia James, Alayna Treene Organizations: CNN, Donald Trump – New York, Republican, GOP, Yorker, Harvard University, Time Magazine, Trump, California Rep, Ohio, South Dakota Gov, Arkansas Gov, White House, Conservative Political, Conference, Former South Carolina Gov, Trump Republicans, New, House Dems, ” “, New York Republican, New York Times, Washington and New York, Congress, New York, Trump’s Locations: , America, alma mater, New York, Vance , Arizona, South, Washington, Lake, Jim Jordan of Ohio, detractor, Lago, vouching, Washington and New, Florida
“Now, we are in a fully Johnson-run House, and he’s got to own all the decision making in the 12 appropriations bills. Probably not best for public policy either,” Republican Rep. Patrick McHenry of North Carolina, the chairman of the House Financial Services Committee, said. Johnson is facing pressure from members of the House Freedom Caucus to include dozens of policy riders that would never pass in the Democratic-controlled Senate. Just a week later, funding for the rest of the government will also lapse. I think we will see another omnibus appropriation bill.”Asked if that causes a problem for Johnson, Bishop argued, “The speaker didn’t create those problems.”
Persons: Mike Johnson, Senate appropriators, Johnson, he’s, That’s, Patrick McHenry of, , imploring, Alejandro Mayorkas’s, they’ll, can’t, Chuck Schumer, , Kevin McCarthy, ” Rep, Don Bacon, “ It’s, Mayorkas, Warren Davidson, ’ ”, Davidson, Andy Biggs, “ We’ve, ” Biggs, Dan Bishop, , Bishop Organizations: Republicans, Senate, ” Republican, Financial Services, Caucus, Democratic, Homeland, FBI, HFC, Department of Agriculture, Veteran’s Affairs, Transportation, Housing, Energy, Water, CNN, Congress, , Republican, Defense Department, Foreign Intelligence, GOP, Locations: Patrick McHenry of North Carolina, Florida, Nebraska, Ukraine, Ohio, North Carolina
Taipei, Taiwan CNN —American support for Taiwan will continue no matter who wins the upcoming US election, House Rep. Mike Gallagher told an audience in the democratic island on Thursday, as tensions simmer between Taipei and Beijing. “I’m confident regardless of how the presidential election goes, we will maintain our support not only for Taiwan but also a posture of internationalism and engagement,” Gallagher told reporters in the capital Taipei. Gallagher said American efforts to support Ukraine’s defense against Russia’s invasion were also critical to deterring Beijing from using force against Taiwan. American lawmakers regularly visit Taiwan and have supported legislation to bolster US support for the island and its defensive capabilities. 07:53 - Source: CNNTroubled watersThe delegation’s visit comes during a period of heightened tensions between China and Taiwan, sparked by the drowning of two Chinese fishermen near Taiwan’s Kinmen Island last week.
Persons: Mike Gallagher, , ” Gallagher, Gallagher, Donald Trump, Trump, Joe Biden, Raja Krishnamoorthi, Tsai Ing, Lai Ching, Tsai, ” Tsai, China, , ” “, , ” Zhu Fenglian, Chen Chien Organizations: Taiwan CNN, Communist Party, Taiwan, NATO, Democratic, Washington, CNN, Taipei, Republican, Wisconsin, Chinese Foreign Ministry, Taiwan Affairs Locations: Taipei, Taiwan, Beijing, China, Ukraine, Europe, Raja, United States, Taiwanese,
Photo taken on January 21, 2024 shows a real estate project under construction in Huai 'an city, Jiangsu province, China. CFOTO | Future Publishing | Getty ImagesPolicymakers are doing little to soothe concerns surrounding China's ailing economy, Brian McCarthy, chief strategist at Macrolens told CNBC's "Street Signs Asia" on Wednesday. The latest monetary policy announcement from the People's Bank of China (PBOC) saw the central bank cut the benchmark 5-year loan prime rate by 25 basis points earlier this week. Many observers saw the move as an effort to boost the country's struggling property market, as the majority of mortgages are pegged to this rate. The 5-year loan prime rate cut was a more "aggressive" move within these decisions, he added.
Persons: Huai, Brian McCarthy, Macrolens, CNBC's, Wei Yao, Générale, stabler, McCarthy Organizations: Getty, People's Bank of China, CSI Locations: Jiangsu province, China, Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt seems like China's property sector problems are 'too big to swallow' for Beijing, says analystBrian McCarthy of Macrolens discusses why he thinks Chinese policy makers will continue to struggle to turn investor sentiment around and the why property sector is being left in "no man's land"
Persons: Brian McCarthy, Macrolens Locations: Beijing
If Biden drops from the presidential race, it would likely lead to a contested convention in August. AdvertisementFor years, Democratic President Joe Biden has been plagued with critiques about his old age and perceived cognitive skills. With no candidate having amassed a majority of the nation's delegates, the Democratic presidential nominee was decided at the 1968 Democratic National Convention in Chicago, where anti-war protesters angrily demonstrated outside. AdvertisementMost of the state delegates at the convention voted for Humphrey, leading him to win the Democratic Party's nomination. Unless Biden stuns the party and suddenly drops out, the current 81-year-old president is on a fast track to obtaining the Democratic presidential nomination.
Persons: Biden, Lyndon B, Johnson, Hubert Humphrey, , Joe Biden, Robert Hur's, Martin Luther King Jr, Sen, Eugene McCarthy, Robert F, Kennedy, Humphrey, McCarthy, Dan Rather, Walter Cronkite, we've, Dan, Richard Nixon, Jaime Harrison, Donald Trump — Organizations: Service, Democratic, Convention, Republican, Democratic National Committee, DNC Locations: Vietnam, New, Memphis, Chicago
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