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☆ Consumer prices rose 3.5% from a year ago in March, more than expected
▼ + stars: | 2024-04-10 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Tom Williams | Cq-roll Call, Inc. | Getty ImagesThe consumer price index accelerated at a faster than expected pace in March, pushing inflation higher and likely keeping the Federal Reserve on hold with interest rates. Shelter and energy costs drove the increase on the all-items index. Food prices increased just 0.1% on the month and were up 2.2% on a year-over-year basis. The measure for meat, fish, poultry and eggs climbed 0.9%, pushed by a 4.6% jump in egg prices. Elsewhere, used vehicle prices declined 1.1% and medical care services prices rose 0.6%.

Persons: Tom Williams, Dow Jones Organizations: Washington , D.C, Cq, Inc, Getty, Federal Reserve, Labor Department's Bureau of Labor Statistics, CPI Locations: Washington ,

☆ Trump Media payday: What Truth Social executives got paid in stock and compensation
▼ + stars: | 2024-04-08 | by ( Dan Mangan | ) www.cnbc.com time to read: +12 min

Those thresholds for the share price are well below where Trump Media stock was trading on Monday, when it closed at $37.17, down more than 8%. The filing disclosed that Trump Media awarded company stock to Nunes, chief financial officer Phillip Juhan, and chief operating officer Andrew Northwall. The three top executives, like Trump himself, are currently barred from selling any of their common stock in Trump Media for the next six months. CNBC asked a spokeswoman for Trump Media why promissory notes were used to grant stock to the executives. Legal battlesBesides Trump, the biggest shareholders in Trump Media are two corporate entities.

Persons: Dado Ruvic, Donald Trump, Devin Nunes, Trump, Kevin Murphy, Murphy, Nunes, Phillip Juhan, Andrew Northwall, Juhan, Northwall, DWAC, we've, Tom Williams, Kash Patel, Patel, Dan Scavino, Scavino, Department of Defense Kash Patel, Justin Sullivan, Sandro De Moraes, Vladimir Novachki, Scott Glabe, Novachki, Glabe, De Moraes, Eric Swider, beneficially, Renatus, Swider, Andy Litinsky, Wes Moss, Moss, Patrick Orlando, Mike Pont Organizations: Trump Media, Trump . Trump Media, Nasdaq, Corp, Trump, University of Southern, Securities and Exchange Commission, DWAC, SEC, CNBC, Partners, Northwall, Juhan, Trump Media's, U.S, Capitol, CQ, Inc, Getty, Equity, Messrs, Republican, Hudson Digital, Trump White House, Staff, Department of Defense, Digital, Renatus, ARC Global, United Atlantic Ventures, Twitter, Facebook, NBC, FilmMagic Locations: Juhan, California, Minden, Minden , Nevada, Orlando, New York City

☆ Embittered Republicans plot to knock off House GOP’s hard-right leader in Virginia primary feud
▼ + stars: | 2024-03-31 | by ( Manu Raju | ) edition.cnn.com time to read: +10 min

“Bob Good didn’t come here to govern. Rep. Derrick Van Orden talks with reporters after a meeting of the House Republican Conference in the US Capitol on Tuesday, November 7, 2023. Asked if Good’s vote to oust McCarthy prompted the House GOP effort to defeat him, Georgia Rep. Austin Scott said: “It has something to do with that. Rep. Bob Good speaks with reporters at the US Capitol on January 12, in Washington, DC. Bob Good leads the fighters.”CNN’s Sheden Tesfaldet contributed to this report.

Persons: Bob Good’s, Manu Raju ”, Derrick Van Orden, Bob Good, Kevin McCarthy, Van Orden, propping, John McGuire –, “ Bob Good didn’t, ” Van Orden, “ Bob Good’s, he’s, Matt Gaetz, Andy Biggs of, Chip Roy, Texas, Good, Tom Williams, They’ve, ”, “, Gaetz, McCarthy, Bob, McGuire –, –, ” McGuire, Austin Scott, we’ve, McGuire, John McGuire, John C, Clark, Nancy Pelosi, Mike Rogers, Rogers didn’t, Donald Trump, Ron DeSantis, Trump, “ Trump, Trump’s, Mark Meadows, ” Meadows, that’s, Kent Nishimura, Joe Biden, won’t, “ I’m, Ryan Zinke of, Marjorie Taylor Greene, ” “ John McGuire, she’s grandstanding, Chris LaCivita, “ Bob Good won’t, LaCivita, ” LaCivita, doesn’t, “ I’ve, ” Gaetz, Sheden Tesfaldet Organizations: Republican, Virginia CNN —, Caucus, House Republicans, GOP, Wisconsin Republican, CNN, House Republican Conference, “ Conservative, Navy, Democrat, Denver, Georgia Rep, Capitol, ”, Republicans, Pentagon, House Armed, Good, Florida Gov, DeSantis, Virginians, Conservative Leadership PAC, Trump, Mar, Trump Cabinet, Republican Party Locations: Appomattox, Virginia, tatters, Wisconsin, Florida, Andy Biggs of Arizona, Washington, Virginia –, Georgia, Richmond , Virginia, Congress, Alabama, Trump, Washington , DC, Iowa, Ryan Zinke of Montana, United States

☆ Here are the 6 California Republicans up for reelection whose competitive districts could determine the House majority in 2024
▼ + stars: | 2024-03-31 | by ( John L. Dorman | Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

And it is in these districts, from the Central Valley to the outskirts of Los Angeles and down to Orange County, where the House majority will likely be won or lost in 2024. Republicans currently hold a slim 218-seat majority, a precarious position for the party as the 213-member House Democratic Caucus works to flip the chamber this year. Tom Williams/CQ-Roll Call, Inc via Getty ImagesKen Calvert, 41st DistrictFirst elected to the House: 1992AdvertisementCalvert is the longest-serving California Republican in Congress. Calvert won most of his races by large margins before redistricting, and he last faced a truly competitive reelection fight in 2008. Valadao's return to Congress was overshadowed by his decision to become one of 10 House Republicans to vote to impeach President Donald Trump in the aftermath of the Capitol riot.

Persons: —, Kevin McCarthy —, Joe Biden, Young Kim, Bill Clark, Kim, Ed Royce, Gil Cisneros, McCarthy, Cisneros, Biden, She'll, Joe Kerr, Michelle Steel, Harley Rouda, Rouda, Dana Rohrabacher, Steel, Jay Chen, Derek Tran, Mike Garcia, Tom Williams, Garcia, Katie Hill, Christy Smith, Smith, George Whitesides, Ken Calvert, Calvert, he's, Will Rollins, Rollins, John Duarte, Duarte isn't, Duarte, Jim Jordan's, Jordan, Mike Johnson of, Democrat Adam Gray, Gray, David Valadao, Valadao, TJ Cox, Valadao's, Donald Trump, Rudy Salas, Salas Organizations: Service, Golden State, Business, Republicans, Democratic Caucus, Inc, Getty, California State Assembly, GOP, Democratic, Navy, Biden, NASA, onetime Virgin Galactic, District, California Republican, Republican, House Democrats, Democrat, Trump, Democratic Rep, Capitol Locations: California, Bakersfield, Golden, Los Angeles, Orange County, Orange, Riverside, San Bernardino, Steel, Los Angeles County, Riverside County, Congress, Inland, Corona, Mike Johnson of Louisiana

☆ When the Supreme Court overturned Roe v. Wade, it opened the floodgates for abortion-related lawsuits
▼ + stars: | 2024-03-25 | by ( Joan Biskupic | ) edition.cnn.com time to read: +19 min

CNN —The Supreme Court on Tuesday will hear its first abortion case since the 2022 reversal of Roe v. Wade and upheaval of reproductive rights in America. All the while, public regard for the Supreme Court has degenerated. Supreme Court Justice Stephen Breyer is photographed at his home in Cambridge, Massachusetts, in September 2015. Dirck Halstead/The LIFE Images Collection/Getty Images Breyer and his daughter Chloe jog with Clinton in May 1994. Mai/The LIFE Images Collection/Getty Images Breyer works in his office with his staff of clerks in June 2002.

Persons: Roe, Wade, Joe Biden, Donald Trump, Dobbs, Biden, Elizabeth Prelogar, mifepristone, Prelogar, what’s, ”, Susan B, Anthony Pro, ’, Evelyn Hockstein, Breyer, Stephen Breyer, Justice Ketanji Brown Jackson, Samuel Alito, Hodges, Trump, “, ” Breyer, Damon Winter, Stephen, Irving, Anne, Charles ., Chloe, Nell, Michael —, Joanna Breyer, Ira Wyman, Sygma, Byron White, Ruth Bader Ginsburg, John Harrington, Joanna, John Tlumacki, Bill Clinton, Clinton, Harry Blackmun, Dirck Halstead, Doug Mills, US Sen, Ted Kennedy, Laura Patterson, John Blanding, Colin Powell, George W, Bush, Mai, David Hume Kennerly, Seuss, Evan Vucci, Charles, Marcio Jose Sanchez, William Rehnquist, Clarence Thomas, David Souter, William Kennedy, Antonin Scalia, Sandra Day O'Connor, John Paul Stevens, Chip Somodevilla, John Roberts, Pablo Martinez Monsivais, Samuel Alito's, Gerald Herbert, Cole Mitguard, Mourning, Penni Gladstone, Clara Scholl, Elise Amendola, Nicholas Kamm, Michelle Obama, Barack Obama, Alex Wong, ABC's George Stephanopoulos, Heidi Gutman, Andrew Harrer, Hu Jintao, Eli, Shutterstock Breyer, Britain's Prince Charles, Mandel Ngan, Tom Williams, Carolyn Kaster, Ben Bradlee, Bill O'Leary, Pete Marovich, Stephen Colbert, Jeffrey R, Win McNamee, Elena Kagan, Neil Gorsuch, Anthony Kennedy, Sonia Sotomayor, Maureen Scalia, Andrew Harnik, Brett Kavanaugh, Amy Coney Barrett, Erin Schaff, Abraham Lincoln, George Washington, Saul Loeb, Ketanji Brown Jackson, Patrick, Fred Schilling, Matthew Kacsmaryk, Erin Hawley, GYN, … Organizations: CNN, Alabama Supreme, Republican, Food, Drug Administration, FDA, Jackson, Health Organization, District of Columbia, America, United States Conference of Catholic Bishops, Alamo Women's, Reuters, Supreme Court, Democratic, Supreme, New York Times, Harvard Law School, Appeals, First Circuit, Circuit, Getty, White House, Airport, Boston Globe, US, Suffolk University Law School, Francisco's Lowell High School, San Francisco Chronicle, Belgium's Catholic University of Louvain, Georgetown University Law Center, Administrative, Administrative Conference of, Jewish American Heritage Month, Walt Disney Television, Bloomberg, White, Office, Committee, Washington Nationals, Washington Post, Financial Services, General Government, CBS, State, The New York Times, Library of Congress, Alliance, Hippocratic, Alliance for Hippocratic, OB, Department, Justice Locations: America, New York, Carbondale , Illinois, Cambridge , Massachusetts, Maine , Massachusetts, New Hampshire, Puerto Rico, Rhode Island, AFP, San Francisco, Lowell, Washington , DC, United States

☆ Fed could cut rates fewer times than expected as economy keeps growing, according to CNBC survey
▼ + stars: | 2024-03-19 | by ( Steve Liesman | ) www.cnbc.com time to read: +2 min

But the possible downside of the better forecast: less Fed easing with the possibility that officials at their meeting this week forecast fewer rate cuts in 2024 they did in December. The CNBC Fed Survey respondents include economists, strategists and fund managers. And while the average recession probability is down, about 20% of respondents still say there's an even money chance or greater of a downturn in the next 12 months. "The larger-than-consensus reduction in the federal funds rate in my forecast is contingent on a recession that brings inflation down," said Robert Fry, of Robert Fry Economics. He has a 60% recession probability and sees the Fed slashing rates to 3.6% by year end from the current level of 5.38%.

Persons: Jerome Powell, Tom Williams, John Donaldson, it's, Scott Wren, Robert Fry Organizations: UNITED STATES, Federal, Banking, Housing, Urban Affairs Committee, Inc, Getty, CNBC Fed Survey, Haverford Trust Co, Wells, Investment Institute, CNBC Fed, Robert Fry Economics Locations: U.S

☆ Former Trump official files class-action lawsuit seeking $50 million for lawmakers who say they haven't been paid enough
▼ + stars: | 2024-03-12 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Read previewYou may have heard that some lawmakers think the $174,000 annual salary for rank-and-file House and Senate members is too low. Since 2009, rank-and-file lawmakers' salaries have remained flat at $174,000 because government funding bills have included a provision explicitly blocking a modest pay increase that would otherwise happen. Rep. Rick Crawford of Arkansas is among the current and former lawmakers suing the United States over their salaries. "People who don't like it should take it up with James Madison," Cuccinelli added, referring to the fourth US president and the original proponent of the 27th Amendment. That suit also alleged a violation of the 27th Amendment, though a judge later dismissed the case.

Persons: —, it's, Ken Cuccinelli, Rick Crawford of, wasn't, You've, Democratic Ed Perlmutter, Republican Rodney Davis, Republican Tom Davis of, Tom Williams, Donald Trump, Ron DeSantis, James Madison, Cuccinelli, I'm, Nancy Pelosi, Crawford — Organizations: Service, Business, Trump White House, POLITICO, Republican, Representatives, Democratic, Colorado, Homeland Security Locations: Rick Crawford of Arkansas, Illinois, Republican Tom Davis of Virginia, United States, Virginia

☆ TikTok: House panel unanimously approves bill that could ban app from US app stores
▼ + stars: | 2024-03-07 | by ( Brian Fung | ) edition.cnn.com time to read: +11 min

If enacted, the bill would give ByteDance 165 days, or a little more than five months, to sell TikTok. The legislation also has the support of the White House and House Speaker Mike Johnson. House lawmakers voted unanimously in the same session Thursday to advance a second bill, one that would limit US companies’ ability to sell Americans’ personal information to foreign adversaries. Speaking to reporters on the Capitol steps Thursday, Gallagher rejected characterizations of the bill as a TikTok ban. A legislative factsheet from the sponsors of the House bill claims the proposal does not censor speech.

Persons: ”, TikTok, Shou Chew, Cathy McMorris Rodgers, Frank Pallone, “, ” Pallone, Shou Zi Chew, Jose Luis Magana, Mike Gallagher, Raja Krishnamoorthi, Mike Johnson, Steve Scalise, Washington Sen, Maria Cantwell, ” Cantwell, Gallagher, “ It’s, Dan Crenshaw, It’s, ” Crenshaw, snoop, ByteDance, Trump, Tom Williams, —, “ We’re, Jenna Leventoff, Stephanie Joyce, ” CNN’s Haley Talbot, Melanie Zanona Organizations: Washington CNN, TikTok, House Energy, Commerce, Apple, Google, “, Washington Republican, New, New Jersey Rep, Capitol, Wisconsin Republican, Illinois Democratic Rep, White, Senate, Democratic, Washington, CNN, Chinese Communist Party, Texas Republican, Oracle, American Civil Liberties Union, ACLU, Computer and Communications Industry Association, Foreign Locations: China, New Jersey, Washington, United States, Beijing, State, Rayburn, Montana

☆ Powell reinforces position that the Fed is not ready to start cutting interest rates
▼ + stars: | 2024-03-06 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Tom Williams | CQ-Roll Call, Inc. | Getty ImagesFederal Reserve Chair Jerome Powell on Wednesday reiterated that he expects interest rates to start coming down this year, but is not ready yet to say when. Rates likely at peakIn total, the speech broke no new ground on monetary policy or the Fed's economic outlook. "We believe that our policy rate is likely at its peak for this tightening cycle. He noted again that lowering rates too quickly risks losing the battle against inflation and likely having to raise rates further, while waiting too long poses danger to economic growth. That's slightly more aggressive than the Fed's outlook in December for three cuts.

Persons: Jerome Powell, Tom Williams, congressionally, Powell Organizations: Financial, CQ, Inc, Getty, Capitol, Federal Locations: Rayburn

☆ These 40 House Republicans voted against millions of dollars in federal funding that they secured for their districts
▼ + stars: | 2024-03-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Read previewOn Wednesday, 83 House Republicans voted against a roughly $460 billion package of bills to fund large swaths of the federal government. Forty of them did so despite requesting — and securing — millions of dollars in federal funding for a variety of projects in their districts. AdvertisementRep. Tim Burchett of Tennessee also voted against the bill, despite securing more than $12 million for his district. But Republicans weren't the only ones to vote against the bill on Wednesday, despite securing earmark funding. AdvertisementHere are the 40 Republicans who voted against the bill, despite securing earmark funding:

Persons: —, Lauren Boebert, Sleepy Joe, Democratic Sens, Michael Bennett, John Hickenlooper, There's, Tim Burchett, we've, Burchett, It's, congressionally, Tom Williams, bipartisanship, Nancy Pelosi —, Maria Elvira Salazar, Sen, Tommy Tuberville, weren't, Maxwell Frost of Florida, Mark Takano, — Maxwell Alejandro Frost Organizations: Service, Republicans, Colorado Republican, Green New, Business, Green, Deal, Democratic, Republican, East, University of Tennessee Medical Center, Data Engineering, Lincoln Memorial University, Getty, Infrastructure Law Locations: Wolf, Craig, East Tennessee, Knoxville, Harrogate, Kentucky, Tennessee, Maria Elvira Salazar of Florida, Alabama, California

☆ Bitcoin's back on top, but it's not a boon for everyone in the space
▼ + stars: | 2024-03-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at bitcoin's latest rally and what's driving it so high this time around . The milestone comes amid a massive rally for bitcoin over the past month, where its price has surged almost 60%. Business Insider's Phil Rosen has a full rundown on what's pushing bitcoin's price so high this time . SOPA Images / GettyA boon for bitcoin doesn't mean everyone in the space wins. The insider I spoke to said there's no single, agreed-upon narrative for what's driving crypto toward a new peak.

Persons: —, you've, Phil Rosen, BlackRock's, Jamie Dimon, there's, Tom Williams, Doom, Roubini, BofA, Li Qiang, headwinds, Mark Zuckerberg's, Andrew Bosworth, Sam Altman's, Altman, Hugo Herrera, Lachlan Murdoch, Nordstrom, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Bitcoin, JPMorgan, Bank of America, Beijing, Apple, Getty, European Commission, Employees, BI, Boomers, Fox, Target Locations: bitcoin, China, Chengdu, Southwest China's Sichuan, New York, London

☆ Police IDed Lauren Boebert's son from surveillance footage because he wore a hoodie bearing the name of his mom's shuttered gun-themed eatery
▼ + stars: | 2024-02-29 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

Rep. Lauren Boebert's son, Tyler Boebert, was arrested connection to a string of Colorado property thefts. Tyler Boebert, 18, was linked to the crimes, in part, through surveillance footage, according to court documents. Tyler Boebert's arrest is the latest upheaval in Lauren Boebert's bid for Colorado's 4th District seat. Lauren Boebert has been involved in a contentious split with her ex-husband, Jayson Boebert, with whom she shares four sons. Jayson Boebert was recently arrested twice and Lauren Boebert now has a temporary restraining order against him.

Persons: Lauren Boebert's, Tyler Boebert, —, Lauren Boebert, Tyler, Tom Williams, Tyler Boebert's, Jayson Boebert Organizations: Service, Colorado's Rifle Police Department, Sheriff's, Police, Rifle, Shooters, Inc, Getty, Colorado's Locations: Colorado, Garfield, , Colorado

☆ How Johnson wooed Trump to back a GOP congressman targeted by Gaetz
▼ + stars: | 2024-02-25 | by ( Manu Raju | Melanie Zanona | ) edition.cnn.com time to read: +11 min

“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

☆ Nvidia’s wild ride and induction into the $2 trillion market cap club in two charts
▼ + stars: | 2024-02-23 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +4 min

Both companies later breached $3 trillion in market valuation, but, as of Friday, only Microsoft remains above it, at roughly $3.07 trillion. Apple's market cap stands at around $2.8 trillion. After more than tripling in 2023, Nvidia's stock has soared more than 60% already in 2024. In February alone, Nvidia's market cap has swelled by nearly $500 billion. At that time, Nvidia's market cap stood at $583.5 billion.

Persons: ChatGPT, —, Microsoft —, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Tom Williams Organizations: Nvidia, Apple, Microsoft, Exxon Mobil, Google, CNBC, CQ, Inc, Getty Locations: U.S

☆ McCarthy foes face blowback as primary threats grow and GOP donors shut wallets
▼ + stars: | 2024-02-11 | by ( Melanie Zanona | Manu Raju | ) edition.cnn.com time to read: +12 min

CNN —Donors no longer want to contribute to their campaigns. So we obliged her,” one House Republican told CNN. Rep. Tim Burchett of Tennessee told CNN some “very wealthy folks” shut their wallets to him in the aftermath of his vote. “If you’ve watched, just her philosophy and the flip-flopping, I don’t believe she wins reelection,” McCarthy told CNN. “We are an incumbent-driven organization and support all House Republican incumbents call,” said a spokesman for the National Republican Campaign Committee.

Persons: Kevin McCarthy, Manu Raju ”, Nancy Mace, Bob Good, Matt Rosendale, McCarthy, Mace, “ I’m, Trump, Kevin McCarthy’s, ” Mace, “, ”, Ron DeSantis, Donald Trump, Good, Mace aren’t, Tim Burchett, “ They’ve, ” Burchett, I’m, Burchett —, —, “ He’s, I’d, Andy Biggs of, Biggs, Matt Gaetz, ” Biggs, Bob, Nancy, Mike Johnson, “ McCarthy couldn’t, ” Gaetz, he’s, Gaez, Drew Angerer, Brian O, Walsh, you’ve, Catherine Templeton, John McGuire, Jeff Miller, Marjorie Taylor Greene, McGuire, Tim Sheehy, Rosendale, McCarthy’s, Mark Lamb, Eli Crane, Lamb, Crane, hasn’t, ” Crane, “ Crane, there’s, Mace —, Mace doesn’t, ” McCarthy, Tom Williams, Johnson, Greg Steele, CNN’s David Wright, Sam Fossum, Morgan Rimmer Organizations: Republicans, CNN, Capitol, GOP, Senate, Good, Main Street Caucus, Republican Governance Group, Republican, 1st Congressional District, Freedom Caucus, Florida, ”, Politico, Navy SEAL, Montana Senate, Trump’s, Burchett, Tennessee Republican, Caucus, National Republican Campaign Locations: Washington, South Carolina, Virginia, Montana, Tennessee, Andy Biggs of Arizona, Florida, Washington ,, Marjorie Taylor Greene of Georgia, Rosendale, California, Arizona, Crane, Trump’s Nevada, Las Vegas, Israel

☆ Maryland Senate candidate Angela Alsobrooks wants to boost 'first chances' so the economy can thrive. She'd also like to see the filibuster gone.
▼ + stars: | 2024-02-07 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

For Angela Alsobrooks, the county executive of Prince George's County and a leading Senate candidate, focusing on economic matters is key. AdvertisementAlsobrooks, who previously served as the Prince George's County state's attorney and was first elected as county executive in 2018, is running to succeed retiring Democratic Sen. Ben Cardin, an institution in Maryland politics. The county executive, who has been endorsed by Gov. AdvertisementCounty Executive Angela Alsobrooks: It is my strongly held belief that people deserve first chances in our country. AdvertisementAs county executive, I opened the first of its kind mental health and addiction care facility in the county.

Persons: Angela Alsobrooks, Alsobrooks, Prince, Democratic Sen, Ben Cardin, David Trone, Maryland's, Wes Moore, John L, Dorman, I've, haven't, Tom Williams, —, Tommy, Tuberville Organizations: Service, Senate, Democratic, Prince, Business, Gov, Inc, Getty Locations: Prince George's, Prince George's County, Maryland

☆ 'He's a non-entity': House Democrats no longer see Dean Phillips as a threat — just a joke
▼ + stars: | 2024-02-01 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +7 min

When Rep. Dean Phillips first began making noise about launching a quixotic presidential campaign, the mood among House Democrats might have best been described as anger and disbelief. Since launching his campaign, Phillips has generally been absent from Capitol Hill, effectively cutting down Democrats' ranks by one seat. AdvertisementOn Wednesday evening, Sen. Tina Smith made light of her Minnesota colleague's recent struggles in a video message to the Congressional Dinner, an annual gathering of reporters and lawmakers. At first, Phillips's campaign seemed to constitute a real threat to Biden, even if he was unlikely to actually defeat him. In a statement for this story, a Phillips spokesperson chastised his Democratic colleagues who now speak ill of him.

Persons: Dean Phillips, Sydney Kamlager, Dove, Axios, Phillips, Joe Biden, Sen, Tina Smith, Smith, Biden, Donald Trump, Maxwell Frost of Florida, — Phillips, Brendan Boyle, Alexandria Ocasio, Cortez, Dean's, Tom Williams, Angie Craig, Craig, wouldn't, Phillips's, we've, Dean, Jim Clyburn, Zach Gibson, Mark Pocan, Ro Khanna, Khanna, it's Organizations: Trump, Rep, Sydney, California congresswoman, Democratic, Capitol Hill, Biden, New, Democrats, Minnesota Democrat, Democratic Party, Twitter, South Carolina Democratic Party, California Locations: California, Minnesota, New Hampshire, Alexandria, New York, lockstep, South, Wisconsin

☆ Child tax credit could change — but ‘don't wait on Congress’ to file your taxes, IRS commissioner says
▼ + stars: | 2024-01-30 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Tom Williams | CQ-Roll Call, Inc. | Getty ImagesAs the tax season kicks off, Congress is still negotiating a $78 billion tax package with retroactive changes, including a boost for the child tax credit. If enacted, the child tax credit changes could affect 2023 filings this season. If enacted, the child tax credit changes could expand access, increase the refundable portion of the tax break and add future inflation adjustments. How to handle retroactive child tax credit changesMeanwhile, there are lingering questions from tax professionals about how to handle possible tax law changes for 2023, especially for those who file early. By law, filers claiming the child tax credit or earned income tax credit won't receive refunds until Feb. 27 at the earliest, according to the IRS.

Persons: Danny Werfel, Tom Williams, Jason Smith, Bill Smith, CBIZ, Werfel, filers Organizations: Senate, IRS, Washington , D.C, CQ, Inc, Getty, Urban, Brookings Tax, Republicans, Friday Locations: Washington ,

☆ Opinion: The actual hidden truth about UFOs
▼ + stars: | 2024-01-26 | by ( Peter Bergen | ) edition.cnn.com time to read: +11 min

CNN —A former Pentagon official — driven, he says, by his duty to the truth — goes public with an explosive allegation. Facing a scrum of TV cameras and members of Congress, this official claims that the US government has been keeping crashed alien spaceships under wraps for decades. Crashed alien spacecraft and dead extraterrestrials, right there in the Congressional Record. Because, for decades, UFO true believers have been telling us there’s a US government conspiracy to hide evidence of aliens. But — if you believe Kirkpatrick — the more mundane truth is that these stories are being pumped up by a group of UFO true believers in and around government.

Persons: Peter Bergen, ”, Erik German, “, CNN —, David Grusch, he’d, Grusch, must’ve, Sean Kirkpatrick, Kirkpatrick, Tom Williams, ” Kirkpatrick, Naval Intelligence Scott Bray, Kevin Dietsch, It’s, you’ve, Harry Reid, Robert Bigelow, ’ ”, Sen, Chip Somodevilla, Reid, Bigelow, ” Reid, “ I’m, who’d Organizations: New, Arizona State University, Apple, Spotify, CNN, Pentagon, Air Force, SPAN, US Department of Defense, Defense, National Security, Foreign Affairs, Naval Intelligence, Intelligence, Capitol, Roswell Army Air Field, Army, Newspapers, Roswell, US Air Force, NASA Voyager, Walker, Roswell AAF, Reuters, Nevada Democrat, Bigelow Aerospace, US Defense Intelligence Agency, New York Times Locations: New America, Roswell, New Mexico, Florida, Nevada, Washington ,

☆ The rental market is getting out of hand, with millions of Americans spending the majority of their paychecks on housing
▼ + stars: | 2024-01-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

In today's big story, we're looking at how much Americans spend on rent and why cheap properties are so hard to come by. And now a new Harvard study demonstrates how costly the rental market has become, Business Insider's Pete Syme writes. Harvard's Joint Center for Housing Studies estimated 12.1 million American households spend more than half their income on rent and utilities. That number grows to 22.4 million households for those spending more than 30% of their income on rent and utilities. Meanwhile, experts predict the housing market will reverse course this year as housing inventory increases and mortgage rates fall.

Persons: —, Tom Williams, Pete Syme, BI's Eliza Relman, Juliana Kaplan, There's, that's, Angela Ostafichuk, Justin Sullivan, Mario Tama, Tesla, Elon Musk, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Service, Business, Getty, Harvard, for Housing Studies, BI, Apple, Alaska Airlines, Boeing, American Express, Hyundai, Brands, Dolce, Gabbana Locations: Capitol, Washington, That'll, New York, London

☆ The best and worst airlines in the US for 2023, according to the WSJ
▼ + stars: | 2024-01-24 | by ( Taylor Rains | ) www.businessinsider.com time to read: +9 min

American and United sat in the middle of the group, mostly losing points for cancelations, tarmac delays, and baggage mishaps. AdvertisementHere's a closer look at the best and worst airlines in the US for 2023 — and how they ranked in each category in the WSJ rankings:9. JetBlue AirwaysJetBlue Airways ranked dead last in the WSJ's annual list of best and worst US airlines for 2023. AaronP/Bauer-Griffin/GC Images via Getty Images2022 Rank: 1Delta is the best airline in the US for 2023, according to The Wall Street Journal's ranking. It was second for extreme delays, fourth for tarmac delays and mishandled baggage, and fifth for flight cancelations — its lowest finish overall.

Persons: —, Delta, Allegiant, Andrew Watterson, United, Marcus Mainka, Tayfun, Mario Tama, Nicolas Economou, Robert Alexander, Tom Williams, Bauer, Griffin Organizations: Delta Air Lines, Alaska Airlines, JetBlue Airways, Service, Delta, Allegiant, Department of Transportation, — United Airlines, American Airlines, Max, Southwest Airlines, Journal ., Spirit Airlines, Frontier Airlines, Jetblue, JetBlue, Airlines, JetBlue Airways JetBlue Airways, Anadolu Agency, Getty, cancelations, Spirit Airlines Spirit Airlines, United Airlines United, American Airlines American Airlines, Southwest Airlines Southwest Airlines, Southwest, Delta Air Lines Delta Air Lines Locations: West Coast, Seattle, Alaska, New York City, New York, Southwest

☆ SEC to vote today on tough new rules for blank-check 'SPAC' companies
▼ + stars: | 2024-01-24 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

"Functionally, the SPAC target IPO is being used as an alternative means to conduct an IPO," Gensler said in a March 2022 statement on the proposed regulations. SPACs: Much more disclosures will be requiredThe new rules will: 1) Expand disclosure requirements regarding SPAC sponsors, SPAC sponsor compensation, conflicts of interest, dilution, and the target company. After a blank-check SPAC goes public, it will usually announce within two years the acquisition of a target company, which is known as a de-SPAC transaction. It would, for example, make the target company legally liable for any statement made about future results by assuming responsibility for disclosures. The SPAC market has already collapsed2020 and 2021 were record years for SPAC IPO filing.

Persons: Gary Gensler, Tom Williams, Gensler, He's, Forbes Organizations: Financial, Securities and Exchange Commission, Cq, Inc, Getty, The Securities, Exchange Commission, SEC, IPOs, Bloomberg, Lordstown Motors Locations: Rayburn, SPACs

And the DeSantis campaign made many of them, his advisers, allies and supporters have acknowledged to CNN in interviews. Republican presidential candidate and Florida Governor, Ron DeSantis, speaks during a campaign event in Hampton, New Hampshire, on January 17, 2024. Michael Reaves/Getty Images DeSantis and his wife, Casey, have three children: from left, daughters Mamie and Madison and son Mason. But that approach was rejected by the woman who would be announced as DeSantis’ campaign manager, Generra Peck. And yet, in the face of this overwhelming rejection of his pitch to Make America Florida, DeSantis refused to change gears.

Persons: Ron DeSantis steeled, Donald Trump, DeSantis, Trump, “, Nikki Haley, Trump hadn’t, ” DeSantis, Elon Musk, ”, Curt Anderson, Alex Castellanos, Ron DeSantis, Joseph Prezioso, It’s, Casey, God, Rupert Murdoch’s, Will Lanzoni, Jane, Zuma Press DeSantis, Dunedin High School DeSantis, US Navy DeSantis, John Boehner, Charles Dharapak, Bill Clark, Tom Williams, Trey Gowdy, Al Drago, Zack Wittman, Patrick Farrell, Andrew Gillum, Chris O'Meara, Jeff J Mitchell, Stephen M, Dowell, Chris Kleponis, Lynne Sladky, Steve Cannon, Fernando Medina, Deborah Birx, Doug Mills, Kimberly Guilfoyle, Saul Loeb, Madison, Tori Lynn Schneider, Vera Leip, Joe Raedle, Michael Reaves, Mamie, Mason, WFTS DeSantis, Joe Biden, Hurricane Ian, Charlie Crist, Marco Bello, Reuters DeSantis, Sophie Park, Jordan Gale, –, Stormy Daniels, Jeff Roe, Ken Cuccinelli, Roe, scrappy, Ken Griffin, bankroll DeSantis, Griffin, Dana Bash, Generra Peck, Musk, ” Donors, Peck, Christina Pushaw, Bryan Griffin, Hugh Hewitt, Scott Olson, Ryan Tyson, Zuckerbucks, Kim Reynolds, Reynolds, Iowa –, Anna Moneymaker Organizations: CNN, Trump, New, GOP, Former South Carolina Gov, Christian Broadcasting Network, Elon, Republican, “ JV, ”, Politico, Florida Governor, Getty, Republican Party, New York Post, Disney, Florida Gov, Little League Baseball, Petersburg Times, Zuma Press, Dunedin High School, Yale University, US Navy, Navy, General's Corps, District, DeSantis, First, Bloomberg, Miami Herald, Tribune, Service, Democratic, Orlando Sentinel, White, Orlando Magic, NBA, Coronavirus, New York Times, Tallahassee Democrat, USA, Conservative Political, Conference, University of South, Reuters, Iowa State University football, PAC, “, Fox News, Florida, Central Bank Digital Currency, Iowa, Gov, “ Iowa Republican, Republicans Locations: Iowa, Florida, New Hampshire, Hawkeye, Hampton , New Hampshire, AFP, Wally's, Jacksonville , Florida, Dunedin , Florida, Windsor, V, St, Florida's, Tampa , Florida, Orlando, Jacksonville, Sanford , Florida, Tallahassee , Florida, Tallahassee, Pompano Beach , Florida, Miami, Surfside , Florida, University of South Florida, Covid, Tampa, Bedford, Bedford , New Hampshire, Ames , Iowa, New York, Dunedin, Newton , Iowa, Park City , Utah, Tennessee, South Carolina, Trump, Des Moines, West Des Moines , Iowa, Myrtle Beach, “ Iowa, America Florida

☆ DeSantis ends 2024 presidential campaign
▼ + stars: | 2024-01-21 | by ( Steve Contorno | Kit Maher | ) edition.cnn.com time to read: +16 min

Accordingly, I am today suspending my campaign,” DeSantis said. Jeb Bush and Sen. Marco Rubio (the latter two of whom he bested in the 2016 Republican presidential primary). Patrick Farrell/Miami Herald/Tribune News Service/Getty Images DeSantis shakes hands with Democratic gubernatorial candidate Andrew Gillum after a CNN debate in October 2018. Joe Raedle/Getty Images DeSantis speaks at the opening of the Conservative Political Action Conference in February 2021. Joe Raedle/Getty Images DeSantis helps hold a python as he kicks off the 2021 Python Challenge in Miami.

Persons: Ron DeSantis, Donald Trump’s, ” DeSantis, I’ve, Donald Trump, Anthony Fauci, Trump, Joe Biden, “, Nikki Haley, ”, DeSantis, Casey, “ DeSantis, Steve Deace, “ It’s, indicting Donald Trump, Haley, Jeb Bush, Sen, Marco Rubio, ‘, ’, Will Lanzoni, Jane, Zuma Press DeSantis, Dunedin High School DeSantis, US Navy DeSantis, John Boehner, Charles Dharapak, Bill Clark, Tom Williams, Trey Gowdy, Al Drago, Zack Wittman, Patrick Farrell, Andrew Gillum, Chris O'Meara, Jeff J Mitchell, Stephen M, Dowell, Chris Kleponis, Lynne Sladky, Steve Cannon, Fernando Medina, Deborah Birx, Doug Mills, Kimberly Guilfoyle, Saul Loeb, Madison, Tori Lynn Schneider, Vera Leip, Joe Raedle, Michael Reaves, Mamie, Mason, WFTS DeSantis, Hurricane Ian, Charlie Crist, Marco Bello, Reuters DeSantis, Sophie Park, Jordan Gale, –, Rupert Mudoch, Jeff Roe, caucused, Kim Reynolds, ’ ”, CNN’s Kaitlan Collins, Jeff Zeleny Organizations: CNN, Florida Gov, Republican, Iowa Republican, Trump, South Carolina Gov, Little League Baseball, Petersburg Times, Zuma Press, Dunedin High School, Yale University, US Navy, Navy, General's Corps, District, DeSantis, First, Bloomberg, Getty, Miami Herald, Tribune, Service, Democratic, Orlando Sentinel, White, Orlando Magic, NBA, Coronavirus, New York Times, Tallahassee Democrat, USA, Conservative Political, Conference, University of South, Reuters, Iowa State University football, House, Fox News, Twitter, GOP, Little League, Yale, Harvard, New York Post, PAC Locations: Iowa, Florida, Wally's, Hampton , New Hampshire, Jacksonville , Florida, Dunedin , Florida, Windsor, V, St, Florida's, Tampa , Florida, Orlando, Jacksonville, Sanford , Florida, Tallahassee , Florida, Tallahassee, Pompano Beach , Florida, Miami, Surfside , Florida, University of South Florida, Covid, Tampa, New Hampshire, Bedford, Bedford , New Hampshire, Ames , Iowa

☆ How Ron DeSantis learned to embrace mainstream media and turn off Fox News
▼ + stars: | 2024-01-20 | by ( Steve Contorno | ) edition.cnn.com time to read: +21 min

“I came in not really doing as much media,” DeSantis told conservative radio host Hugh Hewitt on Thursday. After keeping the mainstream press at arm’s length early in his presidential campaign, DeSantis now will seemingly talk into any camera that is rolling. But ignoring it was worse.”A spokesman for the DeSantis campaign did not respond to questions from CNN about this story. Ron DeSantis Prev NextInstead, after launching, DeSantis engaged in a lengthy tour of the conservative media ecosystem – radio, TV and influential podcasters. “But conservative media is reactionary to what the mainstream media covers.

Persons: Ron DeSantis, “, ” DeSantis, Hugh Hewitt, DeSantis, Donald Trump, DeSantis couldn’t, Alex Conant, ”, Conant, Sen, Marco Rubio’s, CNN’s Dana, Brianne Pfannenstiel, Nikki Haley, liken, Kaitlan Collins, Hampshirites, Casey DeSantis, Shane Strum, Casey, Brian Kilmeade, “ We’re, Kilmeade, Florida’s, Christina Pushaw, Pushaw, ” Pushaw, “ He’ll, Jabin, Jane, Zuma Press DeSantis, Dunedin High School DeSantis, US Navy DeSantis, John Boehner, Charles Dharapak, Bill Clark, Tom Williams, Trey Gowdy, Al Drago, Zack Wittman, Patrick Farrell, Andrew Gillum, Chris O'Meara, Jeff J Mitchell, Stephen M, Dowell, Trump, Chris Kleponis, Lynne Sladky, Steve Cannon, Fernando Medina, Deborah Birx, Doug Mills, Kimberly Guilfoyle, Saul Loeb, Madison, Tori Lynn Schneider, Vera Leip, Joe Raedle, Michael Reaves, Mamie, Mason, WFTS DeSantis, Joe Biden, Hurricane Ian, Charlie Crist, Marco Bello, Reuters DeSantis, Sophie Park, Jordan Gale, ” Conant, you’re, “ He’s, Fox, “ gaslighting, Joe ” –, they’re, Laura Ingraham, ” Ingraham, “ Trump, –, Bret Baier, Rupert Murdoch, “ DEFUTURE, TalkTV’s Piers Morgan, Salena Zito, David, “ They’re, ” CNN’s Kit Maher Organizations: CNN, Florida Gov, White, Fox, Trump, Republican, Union, Des Moines, Hawkeye, Politico, Jacksonville, “ Fox & Friends, Washington Post, Little League Baseball, Petersburg Times, Zuma Press, Dunedin High School, Yale University, US Navy, Navy, General's Corps, District, DeSantis, First, Bloomberg, Getty, Miami Herald, Tribune, Service, Democratic, Orlando Sentinel, Orlando Magic, NBA, Coronavirus, New York Times, Tallahassee Democrat, USA, Conservative Political, Conference, University of South, Reuters, Iowa State University football, GOP, ”, Praetorian Guard, Fox News, Republican Party, ” Fox, House, Tampa Bay Times, New York Post, The, Republicans Locations: Florida, Tallahassee, “ State, Iowa, Casey, Kilmeade, Orlando, Jacksonville , Florida, Dunedin , Florida, Windsor, V, St, Florida's, Tampa , Florida, Jacksonville, Sanford , Florida, Tallahassee , Florida, Pompano Beach , Florida, Miami, Surfside , Florida, University of South Florida, Covid, Tampa, New Hampshire, Bedford, Bedford , New Hampshire, Ames , Iowa, London

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