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Florida lawmakers sent DeSantis a bill that would let him stay governor while running for president. "I don't think we have seen a six-month stretch that has ever been this productive in the history of our state," DeSantis said at the Florida Capitol in Tallahassee on Friday. Should DeSantis be successful in a presidential run, he would follow in the footsteps of Democrat Bill Clinton and Republican George W. Bush. Ron DeSantis speaks during an election night watch party at the Convention Center in Tampa, Florida, on November 8, 2022. During a press conference in Panama City, Florida, on Thursday, DeSantis continued to play coy about his intentions.
The company entered into an agreement with the agency pledging compliance with child labor laws and consented to third-party oversight. This is the second Senate inquiry citing NBC News reporting on child labor. JBS has zero tolerance for child labor, discrimination or unsafe working conditions for anyone working in our facilities. In a local newspaper editorial, Hearthside CEO Darlene Nicosia wrote the revelation of child labor was "a shock and major disappointment to us." Hearthside is in the midst of a 60-day independent review of child labor practices by an outside law firm, according to a spokesperson.
Fed Chair Jerome Powell testified before the Senate Banking Committee on Tuesday. Sen. Elizabeth Warren asked him how he will respond to Americans that could lose their jobs from interest rate hikes. While inflation is easing, Powell has indicated continued rate hikes will be necessary this year. "Will working people be better off if we just walk away from our jobs and inflation remains 5%-6%?" "We expect 2023 to be a year of significant decline in inflation," Powell said last month.
The Federal Reserve raised interest rates 25 basis points on Wednesday. This announcement comes on the heels of data showing inflation cooling down in the country. On Wednesday, the Federal Reserve announced it is raising interest rates by 25 basis points, marking a slowdown from its December hike of 50 basis points. The Fed's continued actions to slow its interest rate hikes is a promising sign for those concerned about a recession this year. But some Democratic lawmakers have been cautioning Powell on the risks of continuing to raise interest rates because it could lead to a recession.
The Federal Reserve is expected to raise interest rates again this week. Janet Yellen said given the continued hikes, the "risk of recession" persists. That's why estimates suggest the Fed will slow its interest rate hikes again in February. "Further interest rate hikes will only make it more expensive for small businesses to fund their operations. Millions of American jobs are at risk with the Fed's extreme rate hikes," Warren wrote on Twitter earlier this month.
WASHINGTON — A Democratic push to discredit the congressional Republicans who are launching a slew of investigations into President Joe Biden may be fracturing because of an unexpected obstacle: fellow Democrats. And former Vice President Mike Pence revealed this week that he, too, had discovered classified documents in his Indiana home. On Capitol Hill, House Republicans have opened an oversight inquiry into Biden’s handling of the records. (Both the White House and the Secret Service said they don’t keep such records for his personal residence.) The White House counsel’s office now has a communications arm to quickly respond to Republican allegations of presidential wrongdoing.
New York CNN —One of America’s elite white-collar law firms has emerged as a contentious figure in the complex FTX saga. A judge ruled that the bankrupt crypto platform could retain Sullivan & Cromwell as legal counsel, overruling objections from FTX customers who accused the firm of conflicts of interest. Then FTX’s former top lawyer supported the motion in a court filing, which included additional allegations that one of his former colleagues improperly funneled FTX business to Sullivan & Cromwell. Friedberg alleged that that lawyer funneled business to Sullivan & Cromwell, hoping to curry favor with the firm to which he hoped to eventually return. Earlier this month, a group of US senators also raised objections to Sullivan & Cromwell’s participation in the FTX bankruptcy.
But they may be reluctant to jump in the race if President Joe Biden plans to run for reelection. If he keeps Democrats waiting too long, other possible contenders may have to start running or get left behind. "No one's going to get in before Biden will, before Biden makes his decision," said Rep. Seth Moulton, of Massachusetts, who ran in the 2020 Democratic presidential primary. Biden has said his intention is to run for reelection, and he expects to make his official decision early next year. Asked about other Democratic candidates, Warren responded: "What about 'em?
Club customers subdued gunman, officials say Two people subdued the gunman who opened fire at Club Q, a Colorado Springs LGBTQ nightclub late on Saturday, saving lives, officials say. Share this -Link copiedOfficials name suspect in Club Q shooting Police on Sunday named the suspected gunman in the Club Q nightclub shooting as Anderson Lee Aldrich, 22. “Members of the LGBTQ community deserve to live full lives.” Share this -Link copiedSen. Hickenlooper: Nightclub shooting an 'unspeakable act' The Colorado Springs nightclub shooting is an "unspeakable act," Sen. John Hickenlooper, D-Colo., tweeted Sunday morning. "Horrendous to hear about the shooting at Club Q in Colorado Springs. Jared Polis called Saturday's attack on an Colorado Springs LGBTQ nightclub "horrific, sickening and devastating," and commended the the "brave individuals" who stopped the shooter.
Share this -Link copiedWisconsin Senate race too close to call Wisconsin's Senate race between GOP Sen. Ron Johnson and Democrat Mandela Barnes is too close to call, NBC News says. Vance wins Ohio Senate race, defeating Democrat Tim Ryan, NBC News projects COLUMBUS, Ohio — J.D. Ohio Republican Senate candidate J.D. Vance is leading The Senate race in Ohio is too early to call, NBC News says, but Republican candidate J.D. Share this -Link copiedGeorgia Senate race too close to call Georgia's Senate race is too close to call about three hours after polls closed at 7 p.m.
Democratic Sen. Michael Bennet of Colorado won re-election Tuesday, NBC News projects, defeating Republican Joe O’Dea in a competitive race. Bennet, 57, a former chief of staff to his Senate colleague John Hickenlooper, is seen as a moderate, although he has championed marijuana reform and environmental issues. Sen. Michael Bennet, D-Colo., at a rally in Golden on Oct. 26. Good luck Joe!”Joe O'Dea, the Republican nominee for the Senate seat held by Democrat Michael Bennet, at a primary election night watch party in Denver on June 28. Ron DeSantis, a potential rival to Trump for the 2024 presidential nomination, made a point of endorsing O’Dea, prompting criticism from Trump.
Democrat Yadira Caraveo defeated Republican Barbara Kirkmeyer in Colorado's 8th Congressional District. (2 Districts) Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. CO-08CO-07 House Governor Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Democrat Yadira Caraveo defeated Republican Barbara Kirkmeyer in Colorado's new 8th Congressional District. 2022 General EmbedsColorado's 8th Congressional District candidatesThe Democratic nominee, state Rep. Yadira Caraveo, easily secured her party's nomination for the seat.
New York CNN Business —Tuesday’s midterm elections come at a time of economic vulnerability for the United States. Americans are feeling the pain of rising interest rates and are facing a winter filled with geopolitical tension. If Republicans get the House, tax hikes are dead in the water,” said David Wagner, a portfolio manager with Aptus Capital Advisors. Biden’s stock market record is the second worst since Jimmy CarterThe stock market under President Biden started with a boom, but as we head into midterm elections, markets are going bust, reports my colleague Matt Egan. By contrast, Biden’s two immediate predecessors headed into their first midterm election with stock markets surging.
The Democrats, including Sen. Elizabeth Warren, Sen. Bernie Sanders and Rep. Katie Porter, highlighted comments from economists who worry the Fed is moving too aggressively to squash inflation. Yet the lawmakers note that Powell himself has conceded the Fed can’t cure the supply-related problems that have lifted food and energy prices. The Democrats asked Powell to respond by Nov. 14 to a series of questions about just how much economic pain Americans should be bracing for. They also want Powell to detail the breakdown of job loss by sector, gender, race, educational attainment and wage quartile. Powell said last month that no one knows if the Fed’s inflation fight will cause a recession, or how deep that recession might be.
The Woman Who Inspired Me to Climb Higher
  + stars: | 2022-10-29 | by ( Katie Arnold | ) www.wsj.com   time to read: +1 min
On Oct. 15, hundreds gathered in Telluride, Colo., to celebrate the life of renowned ski mountaineer Hilaree Nelson . Nelson, 49, died on Sept. 26 when she triggered a small avalanche while skiing off the 26,781-foot summit of Mount Manaslu in Nepal. The crowd read like a who’s-who from the world of climbing and adventure. Jimmy Chin, who won an Academy Award for his 2018 documentary “Free Solo,” shared stories of a long friendship. Nelson’s death triggered an outpouring of tributes from people around the world, most of whom, like me, didn’t know her personally.
But the concern is the Fed is doing too much too soon,” Hickenlooper wrote in a letter on Thursday to Fed Chairman Jerome Powell. In a bid to get inflation under control, the Fed has raised interest rates more rapidly than at any point since the early 1980s under legendary Fed chairman Paul Volcker. “I write to urge the Federal Reserve to pause and seriously consider the negative consequences of again raising interest rates,” Hickenlooper wrote, adding that families have been stung by surging borrowing costs for homes and cars. “Will raising interest rates lead to more oil, lower prices of oil, more food, lower prices of food? Former President Donald Trump repeatedly slammed Powell — his handpicked Fed chairman — for raising interest rates and shrinking the Fed’s balance sheet.
Democrat Yadira Caraveo and Republican Barbara Kirkmeyer are facing off in Colorado's 8th District. The newly-created 8th District is a battleground seat in the suburbs north of Denver. Colorado's 8th Congressional District candidatesThe Democratic nominee, state Rep. Yadira Caraveo, easily secured her party's nomination for the seat. Because the 8th District is brand-new, it has no past voting history as a cohesive unit. Her opponent, Kirkmeyer, has raised $1.1 million, spent $810,785, and has $312,417 cash on hand, as of September 30.
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