DIRS.INFO The most relevant business & tech news

As House Speaker Nancy Pelosi said herself, quoting scripture on the House floor Thursday: “For everything there is a season — a time for every purpose under heaven.”For Pelosi, the season to be leader of House Democrats has passed. She’ll continue to represent San Francisco while serving as an invaluable source of guidance and resolve for the next generation of House Democratic leaders. At 82, Pelosi is a historic figure, of course: the first female House speaker and one of the strongest speakers, if not the strongest, that America has ever seen. Yet as a minority in a GOP-run House, Democrats won’t be able to rack up accomplishments like they did in the last two years. There were calls for Pelosi to step aside in 2010 when Democrats lost 60 House seats — a true wipeout.

"For me, the hour has come for a new generation to lead the Democratic Caucus that I so deeply respect," Pelosi, 82, said in her floor speech. “Pelosi and Hoyer showed a lot of grace in stepping aside,” one younger Democratic lawmaker told NBC News. Meg Kinnard / AP fileAguilar said Friday he is now running for Democratic Caucus chairman. Under that scenario, Aguilar's caucus chair role would move up to No. But with Clyburn going for the assistant job and Aguilar entering the race for caucus chair, Neguse could find himself the odd man out.

WASHINGTON — New York Rep. Hakeem Jeffries, the fourth-ranking House Democrat, said Friday that he will run to replace House Speaker Nancy Pelosi as the party's leader after Republicans took back control of the chamber in last week’s midterm elections. The ascension of the 52-year-old Jeffries to minority leader would also represent generational change. Clark, 59, announced a bid for Democratic Whip, while Aguilar, 43, is running for Democratic Caucus Chair. Congressional Black Caucus Chair Joyce Beatty, D-Ohio, said Thursday she was confident that the powerful bloc of more than 50 Black lawmakers would line up behind Jeffries. “I’m very comfortable saying I believe that every member of the Congressional Black Caucus would vote for Hakeem Jeffries,” Beatty told reporters Thursday.

☆ Hakeem Jeffries announces bid to succeed Nancy Pelosi as House Democratic leader
▼ + stars: | 2022-11-18 | by ( Bryan Metzger | Kayla Gallagher | ) www.businessinsider.com time to read: +3 min

Rep. Hakeem Jeffries of New York has officially announced his bid to become House Democratic leader. Pelosi announced Thursday that she will not seek re-election to a leadership role but will stay in Congress. He has served as the leader of the House Democratic Caucus since 2019 and has long been seen as an heir to Pelosi. If selected to lead his party, Jeffries, who is 52, would create a massive generational shift in the House's democratic leadership. "The time has come for a new generation to lead our magnificent House Democratic Caucus," said Pelosi.

☆ Nancy Pelosi to announce her future plans Thursday after Democrats lose House
▼ + stars: | 2022-11-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Jonathan-Allen-Circle-Byline-Template.Jpg | Jonathan Allen | ) www.nbcnews.com time to read: +2 min

WASHINGTON — Nancy Pelosi, the first female speaker of the House, will announce plans for her future in a speech on the House floor Thursday, a spokesman said. The speaker’s plans are still unclear, but a source told NBC News that she took home two different versions of the speech she plans to deliver. "We’re all waiting for white smoke from the Vatican," one senior Democratic lawmaker told NBC News. Clyburn said Thursday he plans to stay in Democratic leadership no matter what Pelosi does. Asked about Pelosi's role leading the caucus over the last two decades, Clyburn told NBC News, “She has done absolutely great.

[1/3] U.S. Speaker of the House Nancy Pelosi (D-CA) wields the gavel as she presides over the House of Representatives approving two counts of impeachment against U.S. President Donald Trump in the House Chamber of the U.S. Capitol in Washington, U.S., December 18, 2019. REUTERS/Jonathan Ernst/File PhotoWASHINGTON, Nov 17 (Reuters) - U.S. House of Representatives Speaker Nancy Pelosi will announce on Thursday whether she will step down as Democratic leader of the chamber, a day after Republicans were projected to have won control of the House in the midterm elections. Pelosi, an 82-year-old liberal from California who is the first woman to hold the powerful job of speaker, has been under pressure during the past few years from younger House Democrats to yield power. House Democrats are set to vote on their leaders on Nov. 30. She became speaker again in 2019 when Democrats rode a wave of opposition to then-President Donald Trump to win control of the House and was re-elected as speaker in November 2021.

Pelosi, 82, and two other top leaders have been under pressure the last few years from younger House Democrats to yield power after two decades at the helm. Pelosi, the first woman speaker of the U.S. House of Representatives, said late on Wednesday House Democrats "will continue to play a leading role in supporting President Biden’s agenda - with strong leverage over a scant Republican majority." House Democrats are set to vote on their leaders on Nov. 30. On Wednesday, House Republicans offered initial support for Kevin McCarthy to serve as speaker when the next Congress is sworn in on Jan. 3. McCarthy currently serves as House Republican leader and will face election by the entire House at the start of the new year.

WASHINGTON — House Speaker Nancy Pelosi, D-Calif., is likely to make her future plans clear as soon this week, possibly even Thursday, multiple sources familiar with the matter told NBC News. Pelosi said Sunday she wouldn’t engage with questions about her future until all races were called. Meanwhile, Rep. Hakeem Jeffries, chair of the House Democratic Caucus, is being urged to pursue the leadership role and has met with rank-and-file members. In the office of New Jersey Rep. Josh Gottheimer on Tuesday, he was urged not to miss his moment. Punchbowl News was first to report the Pelosi call with the CA delegation.

☆ What comes next if House Speaker Nancy Pelosi decides to step down as top Democrat
▼ + stars: | 2022-11-17 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

House Speaker Nancy Pelosi is set to give a speech on her political future around 12pm ET. With House Republicans set to take control of the chamber in January, Democrat will be in the minority, and the party's top official will be the House Minority Leader. "We're focused right now on welcoming our new members," said Jeffries at a press conference on Tuesday, declining to elaborate further on the future of Democratic House leadership. Democratic Rep. Joe Neguse of Colorado, elected to the House in 2018, has announced his intention to serve as caucus chair. And several candidates are vying for vice caucus chair, including Reps. Ted Lieu of California, Debbie Dingell of Michigan, Joyce Beatty of Ohio, and Madeline Dean of Pennsylvania.

☆ What comes next now that House Speaker Nancy Pelosi has decided to step down as top Democrat
▼ + stars: | 2022-11-17 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Democratic Rep. Hakeem Jeffries is likely to become the next top Democrat. That decision tees up a race to succeed Pelosi and fill out the rest of the Democratic leadership team. With House Republicans set to take control of the chamber in January, Democrat will be in the minority, and the party's top official will be the House Minority Leader. Jeffries, currently the party's caucus chair, is widely known to be pursuing the post, but has publicly remained quiet about his plans. "We're focused right now on welcoming our new members," said Jeffries at a press conference on Tuesday, declining to elaborate further on the future of Democratic House leadership.

☆ Top Democratic House leaders will become 31 years younger on average, led by Hakeem Jeffries, Katherine Clark, and Pete Aguilar
▼ + stars: | 2022-11-17 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +4 min

Democrats' top three US House leaders now average more than 82 years old. With House Speaker Nancy Pelosi and House Majority Leader Steny Hoyer announcing they'll leave Democratic leadership in 2023 — although remain in Congress — the average age of Democrats' expected top three leaders will drop by 31 years. Presumptive Democratic Minority Leader Hakeem Jeffries of New York is 52, presumptive House Minority Whip Katherine Clark of Massachusetts is 59, and presumptive Caucus Chair Pete Aguilar of California is 43. The current top Democratic leaders — Pelosi, Hoyer, and Rep. James Clyburn — are 82, 83, and 82, respectively. And Clyburn said he will "look forward" to "doing whatever I can to assist our new generation of Democratic leaders which I hope to be Hakeem Jeffries, Katherine Clark, and Pete Aguilar."

☆ Nancy Pelosi announces leadership exit after 2 decades leading House Democrats
▼ + stars: | 2022-11-17 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +4 min

House Speaker Nancy Pelosi announced that she is stepping aside from her leadership role. The decision comes after Republicans narrowly won the House majority. The decision comes in the wake of Republicans narrowly winning the House majority, ending Pelosi's latest two consecutive terms as Speaker. "Never had I thought that someday I would go from homemaker to House Speaker," the California Democrat, first elected in 1987, said. At 82, Pelosi has long served alongside House Majority Leader Steny Hoyer, 83, and House Majority Whip Jim Clyburn, 82, in leadership.

Jeffries, 52, would be the first Black House Democratic leader, representing both the party's diverse voter base and bringing a new generation of leadership. House Democrats are scheduled to vote on their leaders on Nov. 30. Jeffries, who has held the leadership post of House Democratic Caucus chairman since 2019, also would represent a stylistic contrast to Pelosi, who made her announcement on Thursday. Current House Democratic Leader Steny Hoyer, 83, said he would not seek a leadership position in the next Congress and backed Jeffries. Clyburn told reporters ahead of Pelosi's announcement that he intends to remain in the House Democratic leadership regardless of the path she takes.

Congressional Democrats are weighing a push for a fix to the decade-old program that protects hundreds of thousands of immigrants known as “Dreamers” in the lame-duck session. House Majority Leader Steny Hoyer, D-Md., mentioned addressing DACA as a top priority in the lame-duck session during a Democratic caucus meeting Tuesday, a senior Democratic aide told NBC News. “We want to get DACA done,” Senate Majority Leader Chuck Schumer, D-N.Y., said. He expressed confidence that a group of Senate Democrats, including Durbin, are working to gain the Republican votes needed in the upper chamber. Democrats are projected to hold onto the majority in the Senate, but control of the House remains unknown.

During former President Donald Trump's term, Pelosi did not shy away from challenging him, especially during delicate negotiations over legislation. House Majority Leader Steny Hoyer, 82, and Democratic Whip James Clyburn, 83, also have faced calls for capping their careers to make way for younger leaders. Democrats appear headed toward losing their House majority, which they have held since 2019, as a result of the Nov. 8 elections. That could open the door to Pelosi serving over the next two years as House Democratic leader if she decided to run for the post and won approval from her fellow Democrats. If Democrats were to end up winning the House and maintain their majority, Pelosi conceivably could run for speaker or retire.

☆ Nancy Pelosi Mum on Future Plans After Democrats’ Strong Midterm Performance
▼ + stars: | 2022-11-13 | by ( Natalie Andrews | ) www.wsj.com time to read: 1 min

House Democrats are in limbo over who will lead them next year following midterm elections in which they did better than expected but still appear likely to lose control of the chamber by a narrow margin. Speaker Nancy Pelosi (Calif.), the long-running Democratic leader, hasn’t yet announced her plans, nor have her top two lieutenants, Majority Leader Steny Hoyer (D., Md.) and Whip Jim Clyburn (D., S.C.).

WASHINGTON — Americans were still waiting Friday to learn which party will control the House and Senate next year. Three days after final ballots were cast in the 2022 midterm elections, more than two dozen House races have not yet been called, with a number of them in California and other areas in the western half of the country. Republicans have a better chance of winning a majority in the House, though the Democrats still have a chance to retain control. As of Friday morning, Republicans have won 211 seats, Democrats have won 197 and 27 races remain uncalled. The Senate also hangs in the balance, as results in key races in Arizona and Nevada have not been decided.

House Democrats have unified as they fight to retain their fragile majority in next month’s midterms. But given Biden’s unpopularity and the GOP lead on the generic congressional ballot (which asks only which party people would support), the more likely scenario is a bad election night for House Democrats. If Pelosi, Hoyer and Clyburn head for the exits, the leadership matchups become pretty clear. Democratic Caucus Chair Hakeem Jeffries, D-N.Y., conducts a news conference in the Capitol Visitor Center on Sept. 20. The Massachusetts Democrat has significant support from fellow female members and has stayed close to the Black, Hispanic and Asian caucuses — big voting blocs in the diverse 220-member Democratic Caucus.

☆ Obama says he still views his job as uplifting the next generation of Democrats — as a former aide joked about the 'Silent Generation' leading the party
▼ + stars: | 2022-10-17 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

"Pod Save America" co-host Jon Lovett joked with Obama about the age of the nation's leaders. Lovett quipped whether the next generation of leadership Obama talks about was "The Silent Generation. "Did you intend on that to be the Silent Generation?" One possible explanation is that as president, Obama presided over two disastrous midterms for his party that greatly depleted Democrat's bench to draw on for bigger races. Now, with his former vice president in the Oval Office, the 44th president said he can focus on the next generation of leaders.

Pelosi's daughter, documentary filmmaker Alexandra Pelosi, captured the moment and many others on Jan. 6 in footage shot for HBO and first obtained by CNN. "Tell him if he comes here, we’re going to the White House," the speaker jokes, reacting to Trump's speech at the White House ellipse earlier in the day. The video at the hearing also showed Pelosi speaking to Virginia Gov. The footage also showed Pelosi speaking to Vice President Mike Pence by phone two separate times that day about how they could resume the certification of the 2020 election results. Pelosi and Trump had a highly strained relationship throughout his presidency, which included the moment in 2019 when she and other Democratic leaders walked out of a White House meeting with Trump after he had what Pelosi described as a "meltdown."

☆ Nancy Pelosi on January 6 said if Trump came to the Capitol she would 'punch him out' and 'go to jail'
▼ + stars: | 2022-10-14 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +2 min

The video showed Pelosi and others scrambling to request help to secure the Capitol. When Trump said he was going to march to the Capitol, Pelosi said if he did she'd punch him. "If he comes I'm going to punch him out," Pelosi can be heard saying. I'm going to punch him out and I'm going to go to jail and I'm going to be happy." The footage shows Pelosi and Schumer scrambling to request help from the Trump administration, including the activation of the National Guard.

Speaker of the House Nancy Pelosi, House Majority Leader Steny Hoyer, and Senate Majority Leader Charles Schumer at the Capitol in Washington, D.C. on Jan. 6, 2021. “Thank you very much, Mr. vice president,” Pelosi says on the call. “Good news.”Trump privately knew he had lostPublicly, Trump insisted he was being robbed of an election he won. The president told chief of staff Mark Meadows “something to the effect of, 'I don’t want people to know we lost, Mark. “Claims that President Trump actually thought the election was stolen are not supported by fact and not a defense,” Cheney said.

☆ Jan. 6 committee shows video footage of congressional leaders pleading for help during attack
▼ + stars: | 2022-10-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Rebecca-Shabad-Circle-Byline-Template.Jpg | Rebecca Shabad | ) www.nbcnews.com time to read: +5 min

WASHINGTON — The House select committee investigating the Jan. 6 insurrection presented previously unseen video Thursday of congressional leaders pleading for help from governors, the acting secretary of defense and the acting attorney general as rioters attacked the Capitol. The video montage began with House Speaker Nancy Pelosi, D-Calif., walking through the Capitol flanked by security guards at 2:23 p.m. The video from Thursday's hearing shows Pelosi and other congressional leaders repeatedly asking for help from law enforcement. Sen. Dick Durbin of Illinois, the Democratic Senate whip, appeared in another clip with leaders. "What we are being told very directly is it’s going to take days for the Capitol to be OK again," Pelosi told Pence.

☆ Pelosi, Schumer and McConnell huddled together in a secure location on January 6, calling Pence and Trump officials to help stop the violence
▼ + stars: | 2022-10-13 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +4 min

Congressional leaders huddled together in a secure location on January 6, according to new footage. Pelosi, Schumer, McConnell and others had called Pence and national security officials for more support. Schumer, Pelosi, McConnell, and other congressional leaders also huddled to ask for help and updates from the Defense Department as the hours went by. And let me say, you can logistically get people there as you make the plan," Pelosi said on the phone. Other members of Congress seen in the footage include Republicans House Minority Whip Steve Scalise and Senate Minority Whip John Thune.

☆ House Democratic leadership finally released the text of their bill to ban members of Congress from trading stocks. Here's what's in it.
▼ + stars: | 2022-09-28 | by ( Bryan Metzger | Dave Levinthal | ) www.businessinsider.com time to read: +7 min

The text comes after months of back-and-forth between Pelosi and lawmakers, and a vote may come this week. Interest in lawmakers' stock trades rose after Insider's "Conflicted Congress" investigation. House Minority Leader Kevin McCarthy, who himself does not trade stocks, said earlier this year that he'd consider barring members of Congress from trading stocks if the GOP wins the House in November. Here's what the bill includes:The bill would ban top officials across all three branches — as well as the spouses and dependent children of members of Congress — from owning or trading stocks, as well as cryptocurrencies. Members of Congress would also be required to file financial disclosures electronically, eliminating a long-standing problem with lawmakers submitting illegible information about their personal finances.

Search resuls for: "Steny Hoyer"

25 mentions found