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☆ Rep. Josh Gottheimer: We'll work with GOP to prevent one person from being able to take out a leader
▼ + stars: | 2023-10-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Josh Gottheimer: We'll work with GOP to prevent one person from being able to take out a leaderHouse Problem Solvers Caucus co-chair Rep. Josh Gottheimer (D-N.J.) joins 'Squawk Box' to discuss the chaos on Capitol Hill following the ouster of Kevin McCarthy as House Speaker, why he believes Rep. McCarthy did not want Democrats' help, the future of caucus and bipartisanship on Congress, and more.

Persons: Josh Gottheimer, Kevin McCarthy, McCarthy

McCarthy, though, has stopped short of committing to putting a Senate-passed short-term spending bill on the floor, knowing that doing so could mean a call for his ouster. During a call with the Republican conference Saturday afternoon, McCarthy pushed members to rally around a short-term spending bill that includes funds for border security. That would give House Republicans a position from which to begin negotiations with the Senate. It’s taking away leverage from House Republicans,” said GOP Rep. Garret Graves of Louisiana. But House Republicans marked their bills up at far lower levels after a rebellion from conservatives.

Persons: Kevin McCarthy, McCarthy, ”, Patrick McHenry of, McCarthy’s, ” McCarthy, He’s, Donald Trump, “ Don’t, Andy Biggs, Chuck Schumer, “, Kevin, I’m, Sen, Joe Manchin, I’ve, Chip Roy, It’s, Garret Graves, haven’t, ” Roy, Marc Molinaro, “ I’m, ” Molinaro, Schumer, eying, Mitch McConnell, McConnell, ” Schumer, CNN’s Manu Raju, McHenry, Mike Lawler, Republicans don’t, ” Lawler, Brian Fitzpatrick, Josh Gottheimer Organizations: CNN, Republican, Republicans, Democratic, Senate, Truth, Department of Justice, ” Republican, GOP, Defense, Agriculture, Homeland Security, House Republicans, Saturday, ”, “, House, Biden Locations: Patrick McHenry of North Carolina, Arizona, Ukraine, West Virginia, Texas, State, Garret Graves of Louisiana, New York

☆ Congress remains divided on budget negotiations as government shutdown looms: “Our financial ship is sinking”
▼ + stars: | 2023-09-24 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

U.S. House Speaker Kevin McCarthy (R-CA) speaks with reporters as he arrives for the day at the U.S. Capitol in Washington, U.S. September 18, 2023. House Republicans on Thursday sent the chamber into recess, delaying further developments in the negotiations. "I don't know what to think," said Senate Majority Whip Dick Durbin Sunday on CNN's "State of the Union." "All we're focused on is keeping the lights on," New Jersey Democratic Rep. Josh Gottheimer said Sunday on CNN's "State of the Union." This has to be avoided," U.S. Transportation Secretary Pete Buttigieg said Sunday on CNN's "State of the Union."

Persons: Kevin McCarthy, Dick Durbin, Durbin, McCarthy, Tim Burchett, I've, Trump, haven't, they're, Josh Gottheimer, Gottheimer, Brian Fitzpatrick, Tennessee's Burchett, Burchett, Pete Buttigieg Organizations: U.S, Capitol, Lawmakers, House Republicans, Thursday, Republican, GOP, Republican Congress, Tennessee GOP, Republicans, New Jersey Democratic, Democratic, Investors, U.S . Transportation Locations: Washington , U.S, U.S, California, Washington, Pennsylvania

☆ Bob Menendez is rejecting the wave of calls for him to resign after his federal indictment, arguing that 'some are rushing to judge a Latino and push him out of his seat'
▼ + stars: | 2023-09-23 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Sen. Bob Menendez of New Jersey has defiantly stated that he is not stepping down from office. Menendez on Friday was charged with taking hundreds of thousands of dollars worth of bribes. "I am not going anywhere," he said in a statement, while also referencing his Latino heritage. "Bob Menendez is a disgrace who abused his Senate seat and allegedly betrayed his country for a couple hundred thousand dollars," Senate Republican campaign committee spokesman Philip Letsou said in a statement. AdvertisementAdvertisementThe indictment alleges that the senator "provided sensitive US government information and took other steps that secretly aided the Government of Egypt."

Persons: Sen, Bob Menendez, Menendez, Damian Williams, Andy Kim, he's, Phil Murphy, Josh Gottheimer, Donald Norcross, Frank Pallone Jr, Bill Pascrell, Mikie Sherrill, Jon Corzine, Philip Letsou, — Nadine Menendez — Organizations: Bob Menendez of New, Service, Democratic, Foreign Relations, Southern, of, Garden State, Saturday, Senate, Republican Locations: Bob Menendez of, Bob Menendez of New Jersey, Wall, Silicon, of New York, New Jersey, Trenton, Egypt, Florida

Kim’s surprise announcement came as a growing number of Democrats are calling for Menendez to step down. Pennsylvania Sen. John Fetterman became the first Democratic senator to do so, and several members of New Jersey’s congressional delegation, along with the state's Democratic governor, have said he should resign. “This is not something I expected to do, but I believe New Jersey deserves better,” Kim said in a statement. But given the gravity of these charges, I do not believe that Senator Menendez can continue to carry out the important duties of his office for our state.”New Jersey Gov. Phil Murphy also demanded Menendez’s immediate resignation, saying the allegations were “so serious" that they compromise the senator’s ability to serve.

Persons: Andy Kim of, Sen, Robert Menendez, Menendez, Pennsylvania Sen, John Fetterman, ” Kim, ”, Nadine, Menendez —, Chuck Schumer, Fetterman, Donald Norcross, Josh Gottheimer, Frank Pallone, Bill Pascrell, Mikie Sherrill, Bonnie Watson Coleman, Pascrell, Phil Murphy, Menendez’s, Democratic Sen, Cory Booker, Rob Menendez, David Schertler, “ Organizations: WASHINGTON, —, Democratic, Senate, Senate Foreign Affairs Committee, Foreign Relations, Democrat, New, ” New, ” New Jersey Gov, New Jersey Democrats, Authorities, Prosecutors, New Jersey Attorney Locations: Andy Kim of New Jersey, Pennsylvania, New Jersey, Egypt, Jersey, New Jersey’s, ”, ” New Jersey

☆ Rep. Josh Gottheimer: It's clear the far-right is trying to steer us into a path of oblivion
▼ + stars: | 2023-09-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Josh Gottheimer: It's clear the far-right is trying to steer us into a path of oblivionHouse Problem Solvers Caucus co-chair Rep. Josh Gottheimer (D-N.J.) joins 'Squawk Box' to discuss a new proposal by the caucus in hopes of avoiding a government shutdown next week, the details in the framework, whether House Speaker Kevin McCarthy will bring the measure to the House floor, and more.

Persons: Josh Gottheimer, Kevin McCarthy

☆ U.S. House Problem Solvers Caucus issues framework to avert gov't shutdowns
▼ + stars: | 2023-09-21 | by ( Richard Cowan | ) www.reuters.com time to read: +2 min

For months, far-right House Republicans have been demanding deeper cuts in federal spending than agreed to in bipartisan legislation this summer. The 64 members of the House's "Problem Solvers Caucus" -- 32 Democrats and 32 Republicans -- issued a statement saying the group had voted to endorse a temporary funding measure that would run through Jan. 11, 2024. "The Problem Solvers’ proposal keeps the government open, addresses our nation’s longer-term fiscal health and includes fiscally responsible measures," said Democratic Representative Josh Gottheimer, a co-chair of the bipartisan caucus. Funding would be set at the $1.59 trillion level approved earlier this year by the president and House Speaker Kevin McCarthy. The Problem Solvers Caucus plan also calls for new border security controls that would be operational through the end of next year.

Persons: Joe Biden, Josh Gottheimer, Biden, Kevin McCarthy, McCarthy, Richard Cowan, Michael Perry Organizations: U.S . House, Wednesday, Republicans, Ukraine, Thomson Locations: U.S, Russian

☆ Congress hands the crypto industry two wins and a loss before August recess
▼ + stars: | 2023-07-28 | by ( Chelsey Cox | ) www.cnbc.com time to read: +3 min

The House Financial Services Committee advanced a measure Thursday to establish a clear regulatory framework for the issuance of payment stablecoins. The bills' approvals, after a roughly 14-month debate between committee Republicans and Democrats, can be viewed as wins for the crypto industry, whose reputation on Capitol Hill was battered by the failure of crypto giant FTX last fall. Late Thursday night, the Senate passed a massive defense funding bill that included several measures from different bills the digital-assets industry has opposed. Warren also highlighted the National Defense Authorization Act rider this week by reintroducing her bill, the Digital Asset Anti-Money Laundering Act. The House crypto bills would likely garner enough support to pass in the Republican-controlled House, but struggle to gain traction in the Democratic-controlled Senate

Persons: Elizabeth Warren, Patrick McHenry, Jim Himes, Josh Gottheimer, Crypto, Sen, Warren, Democratic Sen, Joe Manchin, Roger Marshall of, Lindsey Graham of Organizations: Banking, Housing, Urban Affairs Committee, WASHINGTON — Lawmakers, Capitol, Financial Services Committee, Financial Services, Connecticut, Republicans, Democrats, Treasury Department, Treasury, Defense, Money, Democratic, Senate, Republican Locations: Massachusetts, Washington , DC, R, New Jersey, crypto's, Roger Marshall of Kansas, Lindsey Graham of South Carolina

☆ Some House Republicans want to hold up a major tax bill until it includes a big break for wealthy blue state residents
▼ + stars: | 2023-07-27 | by ( Juliana Kaplan | Eliza Relman | ) www.businessinsider.com time to read: +5 min

Some House Republicans are pushing yet again to revisit the SALT deduction. That State and Local Tax deduction — known as SALT — has proven to be a bipartisan scourge, with Republicans and Democrats alike from impacted areas rallying to restore the tax break to a more generous level. "I remain adamantly opposed to the SALT cap," Rep. Chris Smith (R-NJ), who spoke out and voted against the legislation that created the SALT cap in 2017, told Insider in a statement. "I promised Long Islanders I would fight tooth and nail to restore our SALT deduction. He added: "There is bipartisan support for restoring the SALT deduction which will put direct pressure on Republican leadership to listen to the millions of struggling middle-class families and take action to restore SALT."

Persons: —, Donald Trump's, Chris Smith, Smith, Long, New York Republican Nick LaLota, Marc Goldwein, Goldwein, Joe Biden's, Howard Gleckman, Gleckman, Josh Gottheimer, Katie Porter, Andrew Garbarino, California's Young Kim, Gottheimer Organizations: Republicans, GOP, Service, Politico, Washington Post, Long Islanders, New York Republican, Federal Budget, Democrats, Center, Democratic, Tax Locations: Wall, Silicon, it's, New York , New Jersey, California, New Jersey, Washington, California , New York, New York, Katie Porter of California, Jersey

☆ Rep. Josh Gottheimer on New York CIty's congestion tax: It's a big cash grab from the MTA
▼ + stars: | 2023-07-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Josh Gottheimer on New York CIty's congestion tax: It's a big cash grab from the MTARep. Josh Gottheimer (D-N.J.) joins 'Squawk Box' to discuss New Jersey's lawsuit against the Federal Highway Administration over its approval of New York's congestion pricing scheme, why the state chose to challenge the plan from an environmental perspective, and more.

Persons: Josh Gottheimer Organizations: MTA, Federal Highway Administration Locations: New York

☆ Rep. Josh Gottheimer on New York City's congestion tax: It's insane
▼ + stars: | 2023-07-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Josh Gottheimer on New York City's congestion tax: It's insaneRep. Josh Gottheimer (D-N.J.) joins 'Squawk Box' to discuss New York City's congestion tax, the financial impact on commuters from New Jersey, and more.

Persons: Josh Gottheimer Locations: New York, New Jersey

☆ US advances New York City vehicle congestion pricing plan
▼ + stars: | 2023-06-26 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

June 26 (Reuters) - A New York City plan to charge a daily toll on vehicles entering or remaining in the central business district got a boost on Monday from the U.S. Department of Transportation, which said the city had adequately assessed how the congestion charge would help the environment. Menendez has introduced legislation that would cut 50% of federal highway grant funding to New York state if the plan goes ahead. In May, USDOT approved release of the final environmental assessment for New York's congestion pricing plan for public review. Following entry into a tolling agreement, tolling could begin up to 310 days later, the city said in May. New York City, which has the most congested traffic of any U.S. city, would become the first major city in the U.S. to follow London, which implemented a similar charge in 2003.

Persons: Bob Menendez, Josh Gottheimer, Bill Pascrell, Menendez, USDOT, Donald Trump, David Shepardson, Mark Porter, Matthew Lewis Organizations: U.S . Department of Transportation, Administration, Democratic, York Metropolitan Transportation Authority, . New, Thomson Locations: York City, U.S, New Jersey, New York, Midtown Manhattan, . New York City, London, ., . New York, Manhattan, Washington

☆ Congestion pricing is coming to New York City, officials announce
▼ + stars: | 2023-06-26 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

CNN —New York City has been cleared to implement congestion pricing, a practice that allows the city to charge drivers entering Lower Manhattan, New York Gov. The plan would also mark the culmination of more than a half-century of efforts to implement congestion pricing in New York City. Ultimately, it was the need to improve New York City’s public transit that became the rallying cry for congestion pricing. The stakes of New York City’s program are high, and leaders in other cities are watching the results closely. “It’s good to see New York City’s program is moving forward,” said the Los Angeles Times Editorial Board last month.

Persons: Kathy Hochul, ”, Michael Bloomberg, Andrew Cuomo —, Kate Slevin, Sam Schwartz, Hochul, “, US Sen, Bob Menendez, Josh Gottheimer, Bill Pascrell, Jr, Washington, CNN’s Gregory Wallace, Rob Frehse Organizations: CNN, New, Lower Manhattan , New York Gov, Federal, Administration, Central Business District, Federal Highway Administration, New York Metropolitan Transportation Authority, ” New York Gov, United, United States Each, MTA, Regional Plan Association, “, Democratic New, US, London, Drivers, Los Angeles Times Locations: New York City, Lower Manhattan ,, Manhattan, United States, New York, Lower Manhattan, New Jersey, Democratic New Jersey, Holland, Lincoln, Jersey, That’s, Stockholm, London, Singapore, York, Los Angeles

☆ House Democrats release wave of bank reform bills
▼ + stars: | 2023-06-21 | by ( Chelsey Cox | ) www.cnbc.com time to read: +7 min

WASHINGTON — House Democrats on Wednesday will release a slate of reform bills in response to the recent bank failures that triggered the worst crisis for the sector since 2008. "The failures of Silicon Valley Bank, Signature Bank, and First Republic Bank make clear that it is past time for legislation aimed at strengthening the safety and soundness of our banking system and enhancing bank executive accountability," she said. President Joe Biden called for these actions shortly after the FDIC took over SVB and Signature Bank in March. The bill would have prevented SVB bank executives from cashing out after repeated warnings by regulators, according to Democrats. Neither Signature Bank nor SVB had a bank holding company before they collapsed.

Persons: Maxine Waters, Dodd, Frank, Waters, Joe Biden, Nydia Velazquez, Brad Sherman, Juan Vargas, David Scott, Al Green, Sylvia Garcia of, Emanuel Cleaver, Joyce Beatty, Steven Horsford, Rashida, Velazquez, Sherman, Cleaver, Beatty, Frank Act's, SVB, Vargas, Garcia, Tlaib, Banks, Sean Casten, Josh Gottheimer, Ritchie Torres, Wiley Nickel, Stephen Lynch, Brittany Pettersen Organizations: Financial Services, Washington , D.C, WASHINGTON —, Democrats, Financial Services Committee, Treasury Department, Federal Deposit Insurance Corporation, Silicon Valley Bank, Signature Bank, Banking Committee, Valley Bank, First Republic Bank, FDIC, Democratic, Sylvia Garcia of Texas, Republicans, Sound Banking, Prudential, prudential, Bank, Green, Sherman, Rep, Federal, Office, Federal Reserve, FAIR, Tlaib, Safety, Sherman . Locations: California, Washington ,, New York, Georgia, Missouri, Ohio, Michigan, Green, Horsford, H.R, Silicon, Illinois, New Jersey, North Carolina, Colo

CNN —Treasury Secretary Janet Yellen reaffirmed June 1 as the “hard deadline” for the US to raise the debt ceiling or risk defaulting on its obligations. So I think that that’s a hard deadline,” Yellen said during an interview on NBC’s “Meet the Press.”Yellen’s warning came hours after President Joe Biden delivered a grim assessment on the state of negotiations during his remaining hours in Japan. Reflecting that shift tone, the treasury secretary reiterated that there will be some bills that go unpaid, if the debt ceiling isn’t raised. “There will be hard choices to make if the debt ceiling isn’t raised,” she said. “My devout hope is that Congress will raise the debt ceiling,” she said.

☆ New bipartisan House bill would block pay for members of Congress if U.S. defaults
▼ + stars: | 2023-05-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew bipartisan House bill would block pay for members of Congress if U.S. defaultsRep. Brian Fitzpatrick (R-Pa.) and Rep. Josh Gottheimer, (D-NJ.) join 'Squawk Box' to discuss the latest in debt ceiling showdown, including a bipartisan bill introduced by Rep. Fitzpatrick and Rep. Spanberger (D-Va.) that would prevent members of Congress from getting paid during a U.S. default.

☆ New Jersey’s Senators Push Back on Congestion Pricing
▼ + stars: | 2023-05-15 | by ( Ana Ley | ) www.nytimes.com time to read: +2 min

Many transit advocates, community leaders and urban planning experts in New York have celebrated the progress made toward congestion pricing this month, saying it was long overdue. The loudest opposition to the program has come from New Jersey. Mr. Murphy on Monday also unveiled an advertising campaign criticizing the program, complete with billboards near interstate crossings. Other opponents of congestion pricing have included taxi drivers and Lyft and Uber drivers, who worry that fare increases triggered by the tolls could slash demand for taxis and for-hire rides by up to 17 percent. says the program, which would affect drivers entering Manhattan south of 60th Street, could begin as soon as spring 2024.

☆ N.Y. Congestion Pricing Plan Moves a Step Closer to Reality
▼ + stars: | 2023-05-05 | by ( Ana Ley | ) www.nytimes.com time to read: +2 min

Vehicles carrying people with disabilities and authorized emergency vehicles would be exempt from the tolls. will literally pilfer out of the pockets of Jersey families will go to the M.T.A.”Other critics include taxi drivers, as well as Lyft and Uber drivers. Manhattan residents who live north of the tolling zone have said they fear that motorists, to skirt the new charge, will cluster in their neighborhoods. To the disappointment of those who oppose the plan altogether, protests will most likely not stop transportation officials from moving ahead, though officials have made tweaks to ease concerns. What’s NextOpponents have threatened legal action if the plan continues to advance.

☆ Time for daily talks between Biden, Republicans on debt, moderate Democrat says
▼ + stars: | 2023-04-28 | by ( David Morgan | ) www.reuters.com time to read: +3 min

WASHINGTON (Reuters) - A prominent moderate U.S. House of Representatives Democrat said Friday that it is time for President Joe Biden to begin daily talks with Republicans on government spending and debt, to avoid a calamitous default. REUTERS/Elizabeth FrantzRepresentative Josh Gottheimer rejected Republican demands to raise the $31.4 trillion debt ceiling only in exchange for deep spending cuts. “It’s critically important that all the parties sit down at the White House with the president and start having these conversations. That’s not negotiable,” Biden said on Wednesday, the day House Republicans narrowly passed their own legislation this week to lift the debt ceiling in exchange for sharp spending cuts. Gottheimer said it doesn’t matter whether the debt ceiling is considered together with spending and deficits or looked at separately.

☆ Rep. Josh Gottheimer: We need to do everything we can to address our long-term fiscal health
▼ + stars: | 2023-04-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Josh Gottheimer: We need to do everything we can to address our long-term fiscal healthRep. Brian Fitzpatrick (R-PA.) and Rep. Gottheimer (D-NJ. ), members of the bipartisan Problem Solvers Caucus, join 'Squawk Box' to discuss the latest in debt ceiling negotiations, and unveils their own proposal to avoid a U.S. default.

☆ GOP billionaire who funded Clarence Thomas's vacations has also given thousands of dollars to Kyrsten Sinema and Joe Manchin
▼ + stars: | 2023-04-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

GOP megadonor Harlan Crow has been secretly funding lavish vacations for Justice Clarence Thomas. But he's also given thousands to Democrats who've stymied the party's agenda at various times. Joe Manchin and Kyrsten Sinema, as well as Reps. Josh Gottheimer and Henry Cuellar. According to federal campaign finance data, the Texas billionaire has given $16,800 to Rep. Josh Gottheimer of New Jersey since 2018, contributing thousands as recently as October 2022. For his part, Crow told ProPublica in a statement that he and his wife "have never sought to influence Justice Thomas on any legal or political issue."

☆ Democrats in the 'driver's seat' in debate to bring back SALT deductions, says Rep. Gottheimer
▼ + stars: | 2023-02-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDemocrats in the 'driver's seat' in debate to bring back SALT deductions, says Rep. GottheimerRep. Josh Gottheimer (D-N.J.) joins 'Squawk Box' to discuss the 'high-stakes' debt limit talks, what Gottheimer has to do to get the Senate to pass the SALT tax and the challenge in bringing down the United States' budget deficit.

☆ House lawmakers relaunch the SALT caucus. Here's what to know about the $10,000 deduction limit for state and local taxes
▼ + stars: | 2023-02-13 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Rep. Bill Pascrell, D-N.J., speaks at a news conference announcing the state and local taxes caucus outside the Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty ImagesA group of bipartisan House representatives relaunched the SALT caucus last week, calling for relief from the $10,000 limit on the federal deduction for state and local taxes. Without an act of Congress, the $10,000 limit will sunset after 2025, but members of the SALT caucus want to see changes sooner. With a slim Democratic House majority, the SALT cap was a sticking point during Build Back Better negotiations, and lawmakers in November 2021 passed an $80,000 SALT cap through 2030 as part of their spending package. More than 30 states have a SALT cap workaround

Since the start of the pandemic, Americans have been able to access free weekly credit reports. "Even when consumers are successful in having their complaint addressed, complaints call into question the underlying data contained in consumers' credit reports," the report read. Navigating the credit reporting system in the United States requires skill and often a good deal of patience. Democratic Rep. Maxine Waters of California, who chaired the panel at the time, said during the hearing that a public credit reporting agency "would be a major upgrade over today's broken, biased credit reporting system." Consumer advocates stress that not only should credit reports be easily accessible but that Americans should be able to scrutinize the information contained in credit reports.

☆ Rep. Josh Gottheimer: SALT has a real chance of being restored in this Congress
▼ + stars: | 2023-02-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Josh Gottheimer: SALT has a real chance of being restored in this CongressRep. Josh Gottheimer (D-N.J.) joins 'Squawk Box' to discuss the chances of state governments passing a new tax agenda and more.

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