DIRS.INFO The most relevant business & tech news

☆ Trump wins New Hampshire primary minutes after polls close
▼ + stars: | 2024-01-24 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Trump is projected to have won the New Hampshire primary. AdvertisementFormer President Donald Trump is projected to have easily won the New Hampshire Republican presidential primary. Minutes after polling closed, The New York Times and Washington Post both projected that Trump will win Tuesday's primary over former Ambassador Nikki Haley. Just before New Hampshire, Trump trotted out a series of South Carolina-related endorsements to further illustrate that he will take it to Haley. Elsewhere on the ballot, while Democrats technically had an unsanctioned primary, President Joe Biden is projected to have won his contest.

Persons: Trump, Nikki Haley, —, Donald Trump, Haley, CROOKED JOE BIDEN, she's, It's, Chris Sununu, Joe Lombardo, Henry McMaster, Joe Biden Organizations: New, GOP, Service, New Hampshire Republican, The New York Times, Washington Post, Trump, REPUBLICAN, HAMPSHIRE, South, Republicans, New Hampshire Gov, Republican, Nevada Gov, South Carolina Gov, Democratic National Committee Locations: New Hampshire, Granite, Concord , New Hampshire, South Carolina, Iowa

☆ Here are all the potential candidates to be Trump's vice presidential nominee in 2024
▼ + stars: | 2024-01-24 | by ( Brent D. Griffiths | Bryan Metzger | ) www.businessinsider.com time to read: +2 min

Top Republicans have declared Trump to be the GOP's presumptive nominee. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . There's also some budding pressure for Trump to make his pick, so Republicans can turn their focus toward the general election. Then again, many Republicans who expressed outrage during the siege of the US Capitol have later come around to endorsing Trump.

Persons: Trump, MAGA, —, Donald Trump, Nikki Haley, She'll, There's, Mike Pence, Pence, John Nance Garner, FDR's, Here's Organizations: Republicans, Service, Trump, Indiana Gov, GOP, Capitol, White Locations: New Hampshire

☆ New Hampshire Primary New Hampshire Voters Have Their Say: Haley or Trump?
▼ + stars: | 2024-01-23 | by ( Chris Cameron | ) www.nytimes.com time to read: +4 min

Mr. Trump’s earlier supporters have seized on Mr. DeSantis’s departure from the race to declare Mr. Trump the “presumptive nominee,” though only Iowa has voted so far. Mr. Trump already has the support of Speaker Mike Johnson and the majority of congressional Republicans. field, all three of those men will appear alongside Mr. Trump on Monday night at a rally in Laconia, N.H., according to officials with the Trump campaign. (Senator Marco Rubio of Florida, whom Ms. Haley endorsed for president in 2016, backed Mr. Trump shortly before the Iowa caucuses.) I want to make it a live-free-or-die-country.”Holdouts among top Republicans for Mr. Trump are few and far between.

Persons: Tim Scott, Scott, Mr, Trump, Donald J, Ron DeSantis, Bob Good, Ashley Moody, Jeff Duncan of, Ralph Norman, Nikki Haley, Trump’s, DeSantis’s, Mike Johnson, Ted Cruz of, Tim Scott of, Doug Burgum, Vivek Ramaswamy, —, Haley, Nancy Mace, Marco Rubio, Ms, Chris Sununu, Larry Hogan of, Asa Hutchinson, Chris Christie, “, ”, Mitch McConnell of, John Thune of, Chip Roy, Texas, Thomas Massie of, Jazmine Ulloa, Michael Gold Organizations: Trump, Republican State Senate, Atlanta, Mr, Republicans, Gov, Former, Republican Locations: Concord, N.H, Florida, Virginia, Jeff Duncan of South Carolina, statehouses, Georgia, Iowa, Ted Cruz of Texas, Tim Scott of South Carolina, North Dakota, Laconia, South Carolina, Marco Rubio of Florida, New Hampshire, Larry Hogan of Maryland, Arkansas, New Jersey, Franklin, America, Mitch McConnell of Kentucky, John Thune of South Dakota, Thomas Massie of Kentucky

☆ Republicans worry that turmoil plaguing state parties could hurt GOP up and down the ballot in 2024
▼ + stars: | 2024-01-20 | by ( Daniel Strauss | ) edition.cnn.com time to read: +11 min

“I think it’s going to be a problem,” said Oscar Brock, a member of the Republican National Committee from Tennessee. And the state parties rely on the RNC and we ship them the data. Kemp has used his, the Georgians First Leadership Committee, as a political fundraising vehicle operating outside of the usual channels of the state Republican party. State parties play a key role in activating voters, organizing door knocking efforts and corralling donors. In the past, Barbour stressed, candidates could leave a fair share of the phone calls and door knocking to the state parties.

Persons: hamstrung, “, ”, Oscar Brock, –, Brian Kemp, Donald Trump, Ron Kaufman, ” Kaufman, Christian Ziegler, Kristina Karamo, Evan Power, Karamo, Jeff DeWit, DeWit, Ronna McDaniel, Kemp, Trump, We’ve, It’s, ” Jason Shepherd, can’t, you’re, Henry Barbour, Barbour, ” Barbour, that’s, Joe Biden we’re Organizations: CNN, Republican, Republican Party, Republican National Committee, Republicans, Georgia Gov, Prosperity, RNC, Florida Republicans, Florida Republican, Republican Party of Florida, Florida Party, Michigan Republican Party, Clark County School District, Clark County Republican Party, Nevada Republican Party, Republican National, Arizona Republican, An, An Arizona Republican, Georgia Republican, MAGA, GOP, Georgia Republicans, Leadership, Democratic Party, Cobb County Republican Party, Democrat, – Locations: Michigan, Florida, Arizona, Georgia, Nevada, Tennessee, Wisconsin, Massachusetts, Clark, Las Vegas, Trump, Maricopa County, An Arizona, Georgians, Cobb County, Mississippi, “

The House was scheduled to vote Thursday on a GOP plan for cutting income, sales and property taxes by a total of $1.6 billion over three years. Top Republicans want to impose a single personal income tax rate of 5.25%, replacing three rates that top out at 5.7%, starting in 2025. The dispute over the single-rate or “flat” plan blocked a large tax cut in Kansas last year, when a dozen other states cut taxes, according to the conservative-leaning Tax Foundation. Her income tax proposal would increase the standard deductions that all individual filers claim. Kansas Senate President Ty Masterson, a Wichita-area Republican, said retaining an income tax with multiple rates would keep Kansas “behind the eight ball” economically.

Persons: Laura Kelly, Kelly, ”, Sen, Mike Thompson, Republican Sen, Caryn Tyson, Kelly's, Sam Brownback, “ Kansans, ” Kelly, Brianna Johnson, Neva Butkus, Butkus, Kim Reynolds, Ty Masterson, It's, Hannah Fingerhut Organizations: —, Democratic, GOP, Gov, Top Republicans, of Revenue, Tax Foundation ., Kansas City, Republican, Social, Republican Gov, Taxation, Economic, Tax Foundation, Kansas, Associated Press Locations: TOPEKA, Kan, Kansas, Tax Foundation . Kansas, Iowa, Wichita, Des Moines , Iowa

☆ Haley Looks to New Hampshire With a Focus on Independents
▼ + stars: | 2024-01-16 | by ( Nick Corasaniti | More About Nick Corasaniti | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump’s resounding victory in Iowa significantly raises the stakes of next week’s New Hampshire primary for Nikki Haley and the increasingly desperate contingent of Republicans who want to move on from Mr. Trump. It relies heavily on tens of thousands of independent voters expected to participate in the Republican primary. The demographic makeup of the state is also much more favorable to her than the more rural and conservative Iowa. “She’s on the ground, she’s in the diner, she’s doing the town halls,” Mr. Sununu said. You’re lucky to get him to fly in once a week to do a rally and then get the heck out of there.”

Persons: Donald J, Trump’s, Nikki Haley, Trump, Haley, Chris Sununu, “ She’s, ” Mr, Sununu, “, ” Organizations: Republican, PAC Locations: Iowa, week’s, Hampshire, While Iowa, South Carolina, New Hampshire

☆ Vivek Ramaswamy ends presidential campaign
▼ + stars: | 2024-01-15 | by ( Aaron Pellish | Kaitlan Collins | ) edition.cnn.com time to read: +11 min

CNN —Biotech entrepreneur Vivek Ramaswamy ended his campaign for the 2024 Republican presidential nomination Monday night after a disappointing finish in the Iowa caucuses. From Vivek Ramaswamy 2024 Presidential Campaign Ramaswamy appears in a sixth-grade musical performance at his school in Sharonville, Ohio, in 1997. From Vivek Ramaswamy 2024 Presidential Campaign Ramaswamy speaks at the Forbes Under 30 Summit in Philadelphia in 2015. Demetrius Freeman/The Washington Post/Getty Images Ramaswamy and Nikki Haley participate in the first Republican presidential debate in August 2023. Win McNamee/Getty Images Ramaswamy talks to members of the media after the first Republican presidential debate.

Persons: Vivek Ramaswamy, we’ve, ”, Ramaswamy, Donald Trump, ” Ramaswamy, “, Anna Moneymaker, Tony Jones, Network Ramaswamy, Instagram Ramaswamy, Gilbert Carrasquillo, Karthik, Apoorva, Angelo Merendino, Anthony Anex, Shutterstock Ramaswamy, Mark Peterson, Alex Brandon, Maddie McGarvey, Jon Cherry, Walter Waligura, John Tully, Arjun, Apoorva Ramaswamy, Michael M, Ramaswamy's, Vek, Demetrius Freeman, Nikki Haley, Win McNamee, Scott Olson, Ramaswamy claps, Maansi Srivastava, Trump, Tucker Carlson’s, Ronna McDaniel, “ We’ve, Kim Reynolds, stagnating, caucusgoers, CNN’s Gregory Krieg, Kaitlan Collins Organizations: CNN — Biotech, Trump, “, Street Journal, Republican, Conservative Political, Conference, Cincinnati Enquirer, USA, Network, Jesuit, Xavier High School, Harvard University, Forbes, Swiss Economic, Ohio Republican, Washington Post, Rifle, Bloomberg, Getty, New York Times, Liberty National Summit, Ohio State University, Iowa State Fairgrounds, BMI, White, Inc, Fox News, Yale University, Roivant Sciences, Management, Republican Party, GOP, RNC, Fair, Gov, Des Moines Register, NBC, CNN New, South Carolina Gov Locations: Iowa, Des Moines , Iowa, New Hampshire, “ America, of, New York, Sharonville , Ohio, Philadelphia, Columbus , Ohio, Interlaken, Switzerland, Cincinnati, Indianapolis, Windham , New Hampshire, Independence , Iowa, Clive , Iowa, “, Cincinnati , Ohio, Ohio, CNN New Hampshire, Indian, Ukraine, Russia, Israel, China, Taiwan, Iraq, Afghanistan

☆ Senate Democrats subpoena Harlan Crow, escalating probe of GOP megadonor's relationship with Justice Clarence Thomas
▼ + stars: | 2023-11-30 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Senate Democrats pushed forward on a subpoena of Harlan Crow. The GOP megadonor has been at the center of ethics concerns regarding Justice Clarence Thomas. Republican senators previously filed 177 amendments to the subpoena authorization, including a subpoena of Jeffrey Epstein's estate for his private flight logs. Crow has been in the news for months related to his friendship to Justice Clarence Thomas. ProPublica uncovered numerous trips and gifts Crow lavished on the justice and his family, which Thomas often did not list on his financial disclosure.

Persons: Harlan Crow, Clarence Thomas, —, Leonard Leo, Dick Durbin, Jeffrey Epstein's, Sen, John Cornyn, Durbin, Lindsey Graham, Graham, Crow, Leo, ProPublica, Crow lavished, Thomas, Samuel Alito, Paul Singer, Alito Organizations: GOP, Service, Durbin, United States Senate, Texas Republican, Republican, Supreme Court, Courthouse News Locations: Texas

☆ NATO Leaders Try to Pin Down U.S. on Ukraine Aid as Republicans Waver
▼ + stars: | 2023-11-28 | by ( Lara Jakes | More About Lara Jakes | ) www.nytimes.com time to read: +1 min

A White House proposal to send Ukraine about $61.4 billion in additional emergency aid — out of an overall $105 billion plan — has stalled in the Republican-led House. That has left the United States with less than $5 billion available to contribute to the war; American military aid to Ukraine has so far totaled about $45 billion in weapons and equipment. The American secretary of state, Antony J. Blinken, tried to assuage concerns among NATO leaders. “We will be strongly reaffirming our support for Ukraine as it continues to face Russia’s war of aggression,” Mr. Blinken said a few hours later, as he headed into Tuesday’s meetings. The pointed remarks underscored NATO’s attempts to deter Russia as its war in Ukraine approaches the two-year mark — and as all indications suggest the conflict will likely drag out for far longer.

Persons: —, Antony J, Blinken, “, Mr, NATO’s Organizations: Republican, NATO Locations: Ukraine, United States, Russia, Sweden

(AP) — President Joe Biden is set to visit naval installations in Virginia on Sunday for an early kickoff to the Thanksgiving holiday week. He plans to host a screening of the movie “Wonka” and have a “friendsgiving” meal with service members and their relatives. Later, the Bidens plan to help serve dinner with service members from the USS Dwight D. Eisenhower and the USS Gerald R. Ford at Norfolk Naval Station, the largest installation of its kind in the world, along with their families. In 2021, the Bidens visited the Army’s Fort Bragg in North Carolina for an early Thanksgiving meal in a hangar for about 250 service members and their families. The president and first lady plan to spend this Thanksgiving on Nantucket, a Massachusetts island.

Persons: Joe Biden, Wonka, Jill Biden, Roald Dahl’s, Willy Wonka, Dwight D, Eisenhower, Gerald R, Ford, There's, Donald Trump's, Trump, Biden, Beau, Joe Organizations: Norfolk Naval Station, Republican, National Guard, Republicans, Delaware National Guard, Troops Locations: WILMINGTON, Del, Virginia, Hampton Roads, Texas, Edinburg, U.S, Mexico, United States, Iraq, Cherry Point , North Carolina, Bragg, North Carolina, Nantucket, Massachusetts

COLUMBUS, Ohio (AP) — The statewide battles over abortion rights since the U.S. Supreme Court overturned a constitutional right to abortion have exposed another fault line: the commitment to democracy. "We spoke.”Gross told Jackson she wasn't ignoring voters but rather was reflecting opponents' concerns that Ohio voters were led astray. Anti-abortion lawmakers and advocates already have pushed back in a handful of states where voters sided generally with abortion rights. Republican state legislative leaders initially pledged that the fight to restrict abortion rights wasn't over after voters had spoken. Florida’s Republican attorney general is attempting to keep a proposed abortion rights amendment off the 2024 ballot.

Persons: We.Are.Not.Done, Jennifer Gross, Gross, Dobbs, Roe, Wade, Douglas Keith, Brennan, “, ” Keith, Emily Jackson, Jackson, ” Gross, ”, Rick Santorum, Brandon Prichard, Ohio, Sophia Jordán Wallace, Myrna Perez, Andrew Whitehead, God, ” Whitehead, Mike DeWine, Dave Yost, Jason Stephens, Matt Huffman, Stephens, Huffman, State Jay Ashcroft, Kara Gross Organizations: Supreme, Justice’s, AP VoteCast, Associated Press, NORC, for Public Affairs Research, Republican, Rep, University of Washington, Ohio University, Indiana University – Purdue University Indianapolis, Kentucky Republicans, “, Ohio, State, AP Locations: COLUMBUS , Ohio, U.S, ” Ohio, Ohio, Montana and Utah, Alaska and Kansas, Pennsylvania, North Dakota, Montana, ”, In Missouri, Michigan, Florida

Senators were trying to speed forward on the funding package one day after it passed the House in an overwhelming bipartisan vote. In the meantime, both top Republicans and Democrats in the Senate appeared ready to avert a shutdown and pass the temporary funding patch well before government funding expires Saturday. Political Cartoons View All 1250 ImagesThe spending package would keep government funding at current levels for roughly two more months while a long-term package is negotiated. He portrayed the temporary funding bill as setting the ground for a spending “fight” with the Senate next year. He wanted to avoid lawmakers being forced to consider a massive government funding package before the December holidays — a tactic that incenses conservatives in particular.

Persons: —, “, Chuck Schumer, John Thune, Schumer, Mike Johnson, Johnson, ” Johnson, Biden, Mitch McConnell, Washington Democrats ’, ” Schumer, ”, Mary Claire Jalonick Organizations: WASHINGTON, —, Democrats, Senate, GOP, Republican, Republicans, Washington Democrats, Associated Press Locations: Israel, Ukraine, Washington, Louisiana, U.S, Mexico

In business, that meant building a fortune by hyping a drug that ultimately failed. In politics, it means arguing he can return Trump's “America First” vision to the White House without the baggage. Ramaswamy majored in biology and participated in the campus Republican club, standing out even there as a libertarian. “I believe Donald Trump was an excellent president,” Ramaswamy said while campaigning in Atlanta. While many conservatives dislike foreign aid, Republican voters align heavily with Israel.

Persons: Vivek Ramaswamy, ”, “, Ramaswamy, Ramaswamy skewered Nikki Haley, Ron DeSantis, Dick Cheney, Haley, Donald Trump, Ann Trimble Ray, Ramaswamy “, he’s, you’ve, Ray, “ Da, ” Ramaswamy, Goldman Sachs, Dan Gold, —, Intepirdine, Axovant, divesting, Jeffrey Sonnenfeld, Ramaswamy sidesteps, Trump’s, He's, Israel’s, ” Ramaswamy jousted, Tucker Carlson, Sean Hannity, Carlson, Hannity, denigrating, Trump, Putin, Xi, ” Haley, Linley Sanders, Thomas Beaumont Organizations: ATLANTA, Republican, Florida Gov, DeSantis, Harvard, Crimson, Goldman, Wall Street, QVT, GlaxoSmithKline, New York Times, Forbes, Yale School of Management, Disney, Republicans, Israel, Associated Press, NORC, for Public Research, Fox News, GOP Locations: United States, Israel, Ukraine, Ohio, , Iowa, Atlanta, American, U.S, Gaza, Iraq, Afghanistan, Washington, Des Moines , Iowa

☆ George Santos Faces Expulsion Vote in House
▼ + stars: | 2023-11-01 | by ( Katy Stech Ferek | ) www.wsj.com time to read: 1 min

Rep. George Santos (R., N.Y.) has called an effort to expel him from Congress disheartening. Photo: Tom Williams/Zuma PressWASHINGTON—House lawmakers are set to vote as soon as Wednesday night on whether to expel Rep. George Santos (R., N.Y.), who made a series of bold fabrications in running for office and faces federal fraud charges related to his 2022 campaign. Two-thirds of House lawmakers would need to vote in favor of expelling Santos to remove him, and the effort was seen as facing an uphill battle, with top Republicans not signaling their support. Expelling Santos would cut into the Republicans’ narrow 221-212 majority, and some lawmakers have said any such move should wait until after his criminal case is resolved or the House Ethics Committee has completed its probe.

Persons: George Santos, Tom Williams, Santos Organizations: Zuma Press WASHINGTON —, Republicans Locations: N.Y

“Partial-birth abortion” is a non-medical term for a procedure known as dilation and extraction, or D&X, which is already federally prohibited. “It would allow a partial-birth abortion,” Ohio Gov. “If the federal law prohibits a particular technique, then that’s going to prevail over a state law that might be inconsistent,” he said. DeWine was serving in the U.S. Senate when the Partial-Birth Abortion Ban Act was passed in 2003. “‘Partial-birth abortion’ is a made-up term that only serves to create confusion and stigmatize abortion later in pregnancy,” she said.

Persons: hasn't, ”, Mike DeWine, we’ve, —, Dan Kobil, Jonathan Entin, DeWine, George W, Bush, Dan Tierney, Kobil, it’s “, Dave Yost, “, he’s, Kelsey Pritchard, Susan B, Anthony Pro, Amy Natoce, ” Mae Winchester, “ ‘, ’, “ It’s, it’s, Martin Haskell, Haskell, Mike Gonidakis, ” Haskell, Kellie Copeland, ” Ohio hasn’t, Pritchard, Christine Fernando Organizations: Republicans, ”, ” Ohio Gov, Capital University, Constitution, Case Western State University, “, Supreme, U.S . Senate, U.S, Republican, The Ohio, America, Biden Administration, Protect Women, Ohio, Ohioans United, Reproductive Rights, Health Department, Associated Press Locations: COLUMBUS , Ohio, Ohio, U.S, ” Ohio, Columbus, U.S ., The, Protect Women Ohio, Cleveland, Chicago

☆ Republican House speaker candidates back out of Fox News debate
▼ + stars: | 2023-10-06 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Rep. Jim Jordan (R-OH) speaks at a press conference as Rep. Steve Scalise looks on following a Republican caucus meeting at the U.S. Capitol. The top Republicans vying to replace Rep. Kevin McCarthy as the next speaker of the House of Representatives have backed out of a televised debate that was scheduled to air Monday on Fox News. "The Republican conference needs a family discussion." Many Republican caucus members were angry that the party's differences would be publicly aired on national television in a debate for would-be speakers, a third source told NBC. The GOP caucus is scheduled to hold a conference meeting at 6 p.m. Monday to discuss choosing a speaker.

Persons: Jim Jordan, Steve Scalise, Kevin McCarthy, Kevin Hern, McCarthy, Hern, Donald Trump, Jordan, Matt Gaetz, dethrone McCarthy Organizations: U.S . Capitol, Fox News, NBC, Republican, Fox, CNBC, GOP, Republicans, Rep Locations: Florida, California

☆ Top Republicans Jump Into Speaker Race After McCarthy Ouster
▼ + stars: | 2023-10-04 | by ( Katy Stech Ferek | Eliza Collins | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/politics/what-happens-next-in-the-house-speaker-race-4eee8690

Persons: Dow Jones

☆ Who leads the House now? The top Republicans who could be the next House speaker.
▼ + stars: | 2023-10-03 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

AdvertisementAdvertisementFor the first time in American history, House lawmakers have ejected the Speaker of the House from power. 3 House Republican and formerly led the House GOP's campaign arm. Donalds, who is not in House leadership, did not speak on the floor before the historic vote. She was catapulted into House leadership after Republicans booted then-Rep. Liz Cheney from her post as the N0. Once a more liberal Republican, Stefanik has become one of the biggest Trump supporters in the entire House Republican conference.

Persons: Kevin McCarthy, —, Matt Gaetz's, McCarthy, Tom Emmer, Steve Scalise, Elise Stefanik, Here's, Minnesota Republican Nathan Howard, Andy Biggs, Anna Moneymaker, Scalise, Byron Donalds Rep, Byron Donalds of, Michael M, Donalds, Ron DeSantis, Jim Jordan Rep, Jim Jordan, Drew Angerer, Jordan can't, Jordan, Joe Biden, Andrew Harnik, Donald Trump's, Liz Cheney, Donald Trump, Stefanik, Kevin McCarthy Kevin McCarthy Drew Angerer, he's, Gaetz, Trump, There's, Aaron Sorkin's Organizations: Service, Minnesota Republican, Getty, Republican, Politico, Caucus, Washington Post, GOP, Louisiana Republican, Congressional, Florida Republican, Florida, Gov, Ohio Republican, The Ohio Republican, New York Republican, Republicans, Trump, Capitol Locations: Minnesota, Louisiana, Byron Donalds of Florida, Ohio, Washington

WASHINGTON (Reuters) -The U.S. House of Representatives passed a stopgap funding bill on Saturday with overwhelming Democratic support after Republican Speaker Kevin McCarthy backed down from an earlier demand by party hardliners for a partisan bill. Time remained short to avoid the federal government’s fourth partial shutdown in a decade, which will begin at 12:01 a.m. ET (0401 GMT) on Sunday unless the Democratic-majority Senate passes the bill and President Joe Biden signs it into law in time. “Under these circumstances, I’m recommending a ‘no’ vote, even though I very much want to avoid a government shutdown,” McConnell said. “I want to be the adult in the room, go ahead and try,” McCarthy told reporters.

Persons: Kevin McCarthy, Joe Biden, McCarthy, ’, Hakeem Jeffries, Don Beyer, “, Republicans ’, Republican Mitch McConnell, ” McConnell, ” McCarthy, ” Organizations: WASHINGTON, U.S . House, Democratic, Republican, WIN, Extreme MAGA Republicans, Republicans, Ukraine, “ Locations: Ukraine

WASHINGTON (Reuters) -The U.S. Congress passed a stopgap funding bill late on Saturday with overwhelming Democratic support after Republican Speaker Kevin McCarthy backed down from an earlier demand by his party’s hardliners for a partisan bill. That move marked a profound shift from earlier in the week, when a shutdown looked all but inevitable. Congress typically passes stopgap spending bills to buy more time to negotiate the detailed legislation that sets funding for federal programs. House Republicans are demanding a further $120 billion in cuts. “House Republicans tried to walk away from that deal by demanding drastic cuts that would have been devastating for millions of Americans.

Persons: Kevin McCarthy, Joe Biden, McCarthy, ’, “, Chuck Schumer, Hakeem Jeffries, Donald Trump, Don Beyer, Republicans ’, Republican Mitch McConnell, Michael Bennett, Chris Van Hollen, ” McCarthy, ”, Biden, ” Biden Organizations: WASHINGTON, U.S, Congress, Democratic, Republican, National Parks, WIN, Extreme MAGA Republicans, Republicans, Ukraine, Senate, creditworthiness, Social Security, “ Locations: National, Ukraine

WASHINGTON (Reuters) -The U.S. Congress passed a stopgap funding bill late on Saturday with overwhelming Democratic support after Republican House Speaker Kevin McCarthy backed down from an earlier demand by his party’s hardliners for a partisan bill. That move marked a profound shift from earlier in the week, when a shutdown looked all but inevitable. Congress typically passes stopgap spending bills to buy more time to negotiate the detailed legislation that sets funding for federal programs. House Republicans are demanding a further $120 billion in cuts. “House Republicans tried to walk away from that deal by demanding drastic cuts that would have been devastating for millions of Americans.

That move marked a profound shift from earlier in the week, when a shutdown looked all but inevitable. "Democrats have said from the start that the only solution for avoiding a shutdown is bipartisanship, and we are glad Speaker McCarthy has finally heeded our message." Democratic Senator Michael Bennet held the bill up for several hours trying to negotiate a deal for further Ukraine aid. House Republicans are demanding a further $120 billion in cuts. "House Republicans tried to walk away from that deal by demanding drastic cuts that would have been devastating for millions of Americans.

Persons: Michael Bennet's, Kevin McCarthy, Joe Biden, McCarthy, Chuck Schumer, Hakeem Jeffries, Donald Trump, Don Beyer, “, Republicans ’, Ken Cedeno, Republican Mitch McConnell, Michael Bennet, Chris Van Hollen, Biden, David Morgan, Makini Brice, Moira Warburton, Kanishka Singh, Andy Sullivan, Scott Malone, Andrea Ricci, William Mallard Organizations: U.S, Congress, Democratic, Republican, National Parks, WIN, MAGA Republicans, Republicans, REUTERS, Ukraine, Senate, creditworthiness, Social Security, Medicare, Thomson Locations: National, Ukraine

☆ Elizabeth Warren says student-loan companies can't use lack of funding as an excuse for bad customer service — and she's 'deeply worried' they're not ready for repayment starting next week
▼ + stars: | 2023-09-28 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Sen. Elizabeth Warren led some Democratic colleagues in sending letters to four student-loan companies requesting information on the repayment restart. They also said a lack of funding is not a valid excuse for borrowers to be facing bad customer service. AdvertisementAdvertisementSenator Elizabeth Warren is worried that four federal student-loan companies aren't up to the task of transitioning millions of borrowers back into repayment in a few days. These letters come just days before pandemic relief for federal borrowers comes to an end. White House Press Secretary Karine Jean-Pierre said during a Monday press briefing that it would further strain Federal Student Aid's ability to assist borrowers over the next month.

Persons: Sen, Elizabeth Warren, —, Warren, — Sens, Chris Van Hollen, Ed Markey, Richard Blumenthal —, servicers, Joe Biden's, Virginia Foxx, Bill Cassidy, Karine Jean, Pierre, Jean, Pierre said Organizations: Democratic, Service, Federal Services, servicer, Central Research Inc, Education Department, — House Republicans, Federal Student Aid, Consumer Financial, Republican, Office, Department, House Press, Education

☆ 260,000 student-loan borrowers who were approved for debt relief might be pushed back into repayment anyway, a legacy advocacy group says
▼ + stars: | 2023-09-23 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Student-loan borrowers who were part of a 2022 settlement are still waiting for their relief to be processed. A legal advocacy group said a student-loan company is not carrying out the settlement terms correctly. It said some borrowers within the settlement were told they have to resume payments in October. The group said that forcing borrowers with pending borrower defense claims back into repayment "violates the court-approved Settlement Agreement and applicable regulations." The federal pause on student-loan payment ended on September 1 when interest began accruing again on borrowers' balances.

Persons: They're, Cardona —, Donald Trump's, Joe Biden's, it's, MOHELA, Scott Giles, servicers, Cardona, Virginia Foxx, Sen, Bill Cassidy —, —, New Jersey Sen, Bob Menendez, Secretary Miguel Cardona Organizations: Service, Education Department, Donald Trump's Education Department, Department, Consumer Financial, Bureau, Democratic, New, Secretary, Public, The Education Department Locations: Wall, Silicon, New York, Sweet v, New Jersey

☆ There's no proof that student-loan companies are prepared to bring millions of borrowers back into repayment in under 2 weeks, 2 top Republican lawmakers say
▼ + stars: | 2023-09-20 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Rep. Virginia Foxx and Sen. Bill Cassidy asked the GAO to investigate the student-loan payment resumption. They said they're concerned loan servicers are not adequately prepared to facilitate repayment. The student-loan payment pause officially ended on September 1 when interest began accruing again on federal borrowers' balances, and bills will start becoming due next month. Additionally, Cassidy and Foxx said that it is "unclear whether borrowers will begin repayments when billing statements resume. In other cases, there will be borrowers who will take some time to work student loans back into their household budgets."

Persons: Virginia Foxx, Sen, Bill Cassidy, they're, Bill Cassidy —, —, Foxx, Cassidy, servicers, Education James Kvaal, Kvaal Organizations: Service, Office, Education, Education Department, GAO, Public Locations: Wall, Silicon

Search resuls for: "Top Republicans"

25 mentions found