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☆ Explainer: What are the next steps as US House searches for new speaker?
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +4 min

Here is a look at what comes next:IS THERE AN ACTING SPEAKER? Immediately following Tuesday's 216-210 ouster vote, Republican Representative Patrick McHenry, a McCarthy ally, was appointed acting speaker pro tempore. The acting speaker pro tempore's duties are vague, according to a guide to the chamber's rules and procedures: That person "may exercise such authorities of the office of speaker as may be necessary and appropriate pending the election of a speaker or speaker pro tempore." WHAT ARE HOUSE REPUBLICANS, DEMOCRATS DOING? Under the U.S. Constitution, the House speaker does not have to be a member of Congress.

Persons: Kevin McCarthy, McCarthy's, Jonathan Ernst, Patrick McHenry, McCarthy, Kelly Armstrong, McHenry, Matt Gaetz, Hakeem Jeffries, Donald Trump, Richard Cowan, Scott Malone, Cynthia Osterman Organizations: U.S, Capitol, REUTERS, Rights, U.S . House, Republican, REPUBLICANS, Republicans, WHO, Constitution, Thomson Locations: Washington , U.S

☆ Dianne Feinstein, California’s longest-serving senator, dies at 90
▼ + stars: | 2023-09-29 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

watch nowU.S. Sen. Dianne Feinstein of California has died at age 90, her office confirmed Friday. Senator Feinstein was a force of nature who made an incredible impact on our country and her home state," her chief of staff James Sauls said in a statement. Sen. Dianne Feinstein, D-Calif., in the Senate subway on Capitol Hill in Washington, D.C., May 11, 2022. "There is simply nobody who possessed the poise, gravitas, and fierceness of Dianne Feinstein." American politician Dianne Feinstein, her arms outstretched in celebration, in her office after she was elected mayor of San Francisco, at San Francisco City Hall in San Francisco, California, circa 1978.

Persons: Sen, Dianne Feinstein, Feinstein, James Sauls, Gavin Newsom, Barbara Lee, Katie Porter, Adam Schiff, Kent Nishimura, Newsom, Jennifer, Chuck Schumer, Nancy Pelosi, Pelosi, Joe Biden, Dianne, Jill, Biden, George Moscone, Harvey Milk, Dan White, Francisco's, John O'Hara, Weeks, Barbara Boxer, Bill Clinton, George W, Bush, Nick Allen Organizations: California, Democrat, Senate, Gov, Washington , D.C, Los Angeles Times, Getty, San, Supervisors, CNN, San Francisco Chronicle, U.S . Senate, Democratic, San Francisco City Hall Locations: California, Washington ,, San Francisco, San Francisco's, American, San Francisco , California

☆ Federal judge declines to block Medicare drug price negotiations
▼ + stars: | 2023-09-29 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

A pharmacist holds a bottle of the drug Eliquis, made by Pfizer Pharmaceuticals, at a pharmacy in Provo, Utah, January 9, 2020. A federal judge on Friday declined to block the Biden administration from implementing Medicare drug price negotiations, upholding for now a controversial process that aims to make costly medications more affordable for older Americans. That date is the deadline for manufacturers of the first 10 drugs selected for negotiations to agree to participate in the talks. Newman also gave the Biden administration until Oct. 27 to renew its motion to dismiss the case. The ruling from Newman is a blow to the pharmaceutical industry, which views the process as a threat to its revenue growth, profits and drug innovation.

Persons: Biden, Judge Michael Newman, Newman, Donald Trump, Joe Biden's, Johnson Organizations: Pfizer Pharmaceuticals, Southern, Southern District of Ohio, Chamber of Commerce, Chamber, Merck, Johnson Locations: Provo , Utah, Southern District

☆ US Senate, House hold procedural votes as partial government shutdown looms
▼ + stars: | 2023-09-28 | by ( Moira Warburton | ) www.reuters.com time to read: +5 min

House Republicans are demanding another $120 billion in cuts, plus tougher legislation that would stop the flow of immigrants at the U.S. southern border with Mexico. McCarthy, for his part, suggested late on Tuesday that a shutdown could be avoided if Biden would negotiate on border issues. Most of Congress - including many Senate Republicans - has largely rejected House Republicans' attempts to make the situation at the border with Mexico the focus of the shutdown. The House is expected to vote on its own short term funding measure on Friday. However, it will likely include border measures that will not pass the Senate, meaning the risk of a shutdown remains high.

Persons: Jonathan Ernst, Kevin McCarthy, Joe Biden, McCarthy, Biden, let's, Donald Trump, MAGA, Chuck Schumer, brinkmanship, Mitch McConnell, Henry Cuellar, Moira Warburton, Jeff Mason, Heather Timmons, Grant McCool Organizations: U.S, Capitol, REUTERS, Rights, Democratic, Republican, House Republicans, Biden, Republicans, Social Security, Medicare, Wednesday, ., Aaa, Homeland Security, Thomson Locations: Washington , U.S, U.S, Mexico, San Francisco, Ukraine, Russia, Texas, Washington

Leading House Republicans dismissed the Senate stopgap measure out of hand, saying any short-term funding measure to pass Congress with their approval must address the flow of migrants across the U.S. border with Mexico. "The Senate bill really just continues to fund Biden's open border plan. The country wants to address the open border. We need to address the open border," said House Majority Leader Steve Scalise, the chamber's No. McCarthy said House Republicans would probably bring their own stopgap measure to the floor on Friday.

Persons: Kevin McCarthy, Leah Millis, Republicans preemptively, Joe Biden, Steve Scalise, McCarthy, Washington, brinkmanship, Rosa DeLauro, Republican Mitch McConnell, Michael Bennet, Joni Ernst, Donald Trump, Moira Warburton, Richard Cowan, David Morgan, Scott Malone, Tom Hogue Organizations: Capitol, REUTERS, Rights, Republicans, Democratic, Senate, Biden, Social Security, Republican, Thomson Locations: Washington , U.S, Ukraine, U.S, Mexico

☆ Landmark marijuana financing bill set to move forward in the Senate
▼ + stars: | 2023-09-27 | by ( Stefan Sykes | ) www.cnbc.com time to read: +3 min

A new bill that aims to give the marijuana industry access to banking services is expected to move forward in the Senate on Wednesday. The bill would provide legal protection to banks or other financial institutions that offer services to state-legal marijuana businesses. The Senate Banking Committee will mark up the bill Wednesday, and the panel is expected to vote to advance it to the full chamber's floor. Even as 39 states have legalized marijuana for recreational or medical use, the sector has struggled to scale. The new bill includes stricter requirements for federal regulators, such as prohibiting them from terminating any marijuana-related accounts without "valid reason," or from denying banking services based on "personal beliefs or political motivations."

Persons: Jeff Merkley, Steve Daines, Kyrsten Sinema, Cynthia Lummis, Chuck Schumer, Ian Katz Organizations: U.S, Capitol, Washington , D.C, Sens, SAFE, Democratic, Republican, GOP, Capital Alpha Partners, Republicans Locations: Oregon, Washington ,

☆ How could hardline US House Republicans strip Kevin McCarthy of his speakership?
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +3 min

If the motion to vacate comes to the House floor for a vote, it would only need a simple majority to pass. Republicans currently control the House with 221 seats to 212 Democrats, meaning if McCarthy wants to keep his speaker's gavel he cannot afford to lose more than four votes. Republican Representative Matt Gaetz, a hardline conservative from Florida and perpetual thorn in McCarthy's side, has repeatedly threatened to file a motion to vacate. In a Sept. 14 closed-door meeting of House Republicans, McCarthy dared Gaetz to bring a motion to the floor. Republican then-Representative Mark Meadows in 2015 filed a motion to vacate against Republican Speaker John Boehner.

Persons: Kevin McCarthy, Joe Biden, Hunter Biden, what's, McCarthy, McCarthy's, Nancy Pelosi, Matt Gaetz, Gaetz, Dan Bishop, Eli Crane, Joseph Cannon, Newt Gingrich, Mark Meadows, John Boehner, Boehner, Moira Warburton, Scott Malone, Rosalba O'Brien Organizations: Republican U.S . House, Democrat, Republicans, Democratic, WHO, Republican, House Republicans, House Archives, Thomson Locations: Washington , U.S, WASHINGTON, Florida

☆ Explainer-How Could Hardline US House Republicans Strip Kevin McCarthy of His Speakership?
▼ + stars: | 2023-09-26 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +3 min

If the motion to vacate comes to the House floor for a vote, it would only need a simple majority to pass. Republican Representative Matt Gaetz, a hardline conservative from Florida and perpetual thorn in McCarthy's side, has repeatedly threatened to file a motion to vacate. In a Sept. 14 closed-door meeting of House Republicans, McCarthy dared Gaetz to bring a motion to the floor. Others including Representatives Dan Bishop and Eli Crane have also suggested they would support a motion to vacate. Republican then-Representative Mark Meadows in 2015 filed a motion to vacate against Republican Speaker John Boehner.

Persons: Kevin McCarthy, what's, McCarthy, McCarthy's, Nancy Pelosi, Matt Gaetz, Gaetz, Dan Bishop, Eli Crane, Joseph Cannon, Newt Gingrich, Mark Meadows, John Boehner, Boehner, Moira Warburton, Scott Malone, Rosalba O'Brien Organizations: WASHINGTON, Republican U.S . House, Democrat, Republicans, Democratic, WHO, Republican, House Republicans, House Archives Locations: Florida

☆ Motion to vacate: How to strip Kevin McCarthy of his speakership
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +3 min

Representative Matt Gaetz, a hardline Republican lawmaker, said he would file what's called the "motion to vacate." If the motion to vacate comes to the House floor for a vote, it would only need a simple majority to pass. In a Sept. 14 closed-door meeting of House Republicans, McCarthy dared Gaetz to bring a motion to the floor. Others including Representatives Dan Bishop and Eli Crane have also suggested they would support a motion to vacate. Republican then-Representative Mark Meadows in 2015 filed a motion to vacate against Republican Speaker John Boehner.

Persons: Kevin McCarthy, Ken Cedeno, Matt Gaetz, what's, McCarthy, McCarthy's, Nancy Pelosi, Gaetz, Dan Bishop, Eli Crane, Joseph Cannon, Newt Gingrich, Mark Meadows, John Boehner, Boehner, Moira Warburton, Scott Malone, Lisa Shumaker, Grant McCool Organizations: ., U.S, Capitol, REUTERS, Rights, Republican U.S . House, Democratic, Republican, Democrat, Republicans, WHO, House Republicans, House Archives, Thomson Locations: Washington , U.S, Florida

☆ Corporations say they have a new No. 1 risk, and they're spending big to defeat it
▼ + stars: | 2023-09-22 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +10 min

The Q3 survey of corporate finance chiefs finds a sharp rise in CFOs pointing to government regulation as the biggest risk factor for their business. From Q1 to Q3 2023, the percentage of CFOs saying government regulation is their biggest risk jumped from roughly 6% to 40%. This quarter, only 10% of CFOs cited inflation, while the 40% who pointed to regulation represented a more than doubling quarter over quarter. watch nowFor the business community's biggest advocacy group, getting back to normal also means confronting a new normal. "The emergence of government policy as risk relative to other risks has been growing substantially over the past decade."

Persons: Mark Wilson, Trump, Sanjay Patnaik, Neil Bradley, Patnaik, Obama, Biden, Bradley, it's, Dan Clifton, we've, It's, UnitedHealth —, Cisco's, Clifton, Lina Khan, She's Organizations: U.S, Capitol, Getty, CNBC, CNBC Global, Federal Trade Commission, Google, Microsoft, Amazon, U.S . Chamber of Commerce, Brookings Institute, Corporate, industrials, Corporations, ., Apple, market's, Union, EU, Horizon Therapeutics, Activision Locations: WASHINGTON, DC, Washington ,, Covid, Russia, Ukraine, China, U.S

Meanwhile, a larger division within House Speaker Kevin McCarthy's fractious Republican majority prevented lawmakers from agreeing on a short-term measure to keep federal agencies afloat after funding expires on Sept. 30. Even if House Republicans had been able to advance the defense bill or the short-term measure, either would face stiff opposition from congressional Democrats and from the White House, which has already threatened to veto the defense bill. RAUCOUS SESSIONTuesday's House vote failed in a raucous session, with Democrats mocking Republican leaders as they tried to persuade holdouts to change their minds before finally giving up. The House vote came hours after McCarthy delayed a key procedural vote on the 30-day stopgap measure known as a continuing resolution, or CR. The continuing resolution faces opposition from more than a dozen Republican hardline conservatives, enough to block its path forward in the House.

Persons: Kevin McCarthy, Evelyn Hockstein, Kevin McCarthy's, McCarthy, Joe Biden, brinkmanship, Fitch, Tom Cole, they're, Cole, holdouts, Ralph Norman, I'm, Patty Murray, Brian Fitzpatrick, David Morgan, Moira Warburton, Katharine Jackson, Scott Malone, Bill Berkrot Organizations: ., U.S, Capitol, REUTERS, Rights, . House, Republican, Democratic, AAA, Senate, Republicans, White, California Republican, Thomson Locations: Washington , U.S, California, Mexico

REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsWASHINGTON, Sept 13 (Reuters) - Asked about Republicans launching an impeachment inquiry into U.S. President Joe Biden in Congress, Pennsylvania Democratic Senator John Fetterman clutched his head in mock horror and declared "Oh my God, really?" "Starting an impeachment inquiry will hopefully force the media to cover the mountains of evidence linking Joe Biden to Hunter's business dealings in a way that the American people haven't seen yet." Less than half believe Joe Biden did anything illegal and most voters polled in June said Hunter's legal issues had little impact on their plans to vote for or against his father. The White House sent out a list of comments from Republican House members saying evidence that Biden had done anything wrong had not been found. He did not cite any evidence of misconduct by Joe Biden.

Persons: Joe Biden, Evelyn Hockstein, John Fetterman clutched, Fetterman, Kevin McCarthy, Biden, Barack, Hunter, Karine Jean, Pierre, didn’t, Donald Trump, Hogan Gidley, haven't, Trump, General Merrick Garland, Hunter Biden, Obama, McCarthy, Donald Trump’s, Jeff Mason, Steve Holland, Heather Timmons, Will Dunham, David Gregorio Our Organizations: World Trade, Joint Base Elmendorf, REUTERS, Rights, Pennsylvania Democratic, Republican, GOP, Republicans, Constitution, Democratic, Senate, White House, Trump, House, U.S, Reuters, Gallup, Yahoo, White, Thomson Locations: Richardson, Anchorage , Alaska, Congress, Pennsylvania, U.S

☆ US House Republican leaders postpone appropriations vote
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: 1 min

The U.S. Capitol dome is seen as members of the House Freedom Caucus and others hold a press conference regarding federal government spending on Capitol Hill in Washington, U.S., September 12, 2023. REUTERS/Elizabeth Frantz Acquire Licensing RightsWASHINGTON, Sept 13 (Reuters) - The U.S. House of Representatives on Wednesday postponed a vote that would have begun debate on the defense appropriations bill for the next fiscal year, placing in further question the chamber's ability to pass its remaining government funding bills ahead of a Sep. 30 deadline. Reporting by Makini Brice and Richard Cowan; Editing by Scott MaloneOur Standards: The Thomson Reuters Trust Principles.

Persons: Elizabeth Frantz, Makini Brice, Richard Cowan, Scott Malone Organizations: U.S, Caucus, Capitol, REUTERS, Rights, U.S . House, Thomson Locations: Washington , U.S

Pheu Thai's Srettha Thavisin attends a press conference, after Thailand's parliament voted in favour of his prime ministerial candidacy, in Bangkok, Thailand August 22, 2023. "The picture is not all wine and roses," Thailand's central bank chief Sethaput Suthiwartnarueput said in recorded remarks played on Wednesday. Tourism, a major driver of the Thai economy, has managed a robust recovery, although arrivals and tourist spending are still below pre-pandemic levels, data shows. $96 BLN BUDGETIn this first address since winning office, Srettha on Wednesday vowed to provide solutions to fix Thailand's economy, among other measures, and manage the budget transparently. But its ability to execute will depend on the military backers that Pheu Thai has allied with to be able to form a government.

Persons: Pheu, Srettha Thavisin, Chalinee, Sethaput Suthiwartnarueput, Kobsidthi Silpachai, Srettha, Goldman Sachs, Poon Panichpibool, Sanan Angubolkul, Orathai Sriring, Christina Fincher Organizations: REUTERS, Rights, Tourism, Krung Thai Bank, Thai Chamber of Commerce, Thomson Locations: Bangkok, Thailand, Rights BANGKOK, Asia's, China, Thai

☆ Sen. Jon Tester says he's seen senators stay in office too long and become 'just a shell of what they formerly were'
▼ + stars: | 2023-08-18 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Jon Tester said he wants to make sure he does not stay too long in Washington. Without naming names, Tester told NBC, "I've watched it happen too many times in my time in the Senate." Tester said he's seen colleagues "deteriorate to the point where they're just a shell of what they formerly were." "I mean, look, the last thing I want to have happen is stay there too long." Like some of his colleagues, Tester said he prefer the verdict on fitness for office be left up to the voters.

Persons: Jon Tester, Tester, I've, he's, Democratic Sen, Mitch McConnell, Sen, Dianne Feinstein, Gray, Montana Sen, Steve Daines, Tim Sheehy, Matt Rosendale Organizations: NBC, Service, Privacy, Democratic, Senate, NBC News, Republican, GOP, NAVY, Republicans Locations: Washington, Wall, Silicon, Montana, Sheehy

☆ Schumer: Gov't funding resolution agreement with McCarthy is 'good sign'
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +1 min

U.S. Senate Majority Leader Chuck Schumer (D-NY), with Senator Jack Reed (D-RI), Senator Tim Kaine (D-VA) and Senator Catherine Cortez Masto (D-NV), holds a press conference after the weekly Democratic caucus policy luncheon at the U.S. Capitol in Washington, U.S. July 19, 2023. REUTERS/Jonathan Ernst/File Photo Acquire Licensing RightsWASHINGTON, Aug 16 (Reuters) - U.S. Senate Majority Leader Chuck Schumer on Wednesday said he met with House Speaker Kevin McCarthy a few weeks ago and agreed to a resolution that could extend current federal government spending for a few months. Current government funding is due to expire Sept. 30 with the fiscal year beginning Oct 1, and no action to fund the federal government could trigger a shutdown. Any spending measures would have to pass both the Democratic-led Senate and the Republican-controlled House of Representatives. Reporting by Susan Heavey; editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Chuck Schumer, Jack Reed, Tim Kaine, Catherine Cortez Masto, Jonathan Ernst, Kevin McCarthy, Schumer, McCarthy, Susan Heavey, Christina Fincher Organizations: Democratic, U.S, Capitol, REUTERS, Rights, Democrat, MSNBC, Republican, Senate, ., Thomson Locations: Washington , U.S, Ukraine

☆ Ecuadorean votes could bar oil output in Amazon reserve, mining near Quito
▼ + stars: | 2023-07-31 | by ( Alexandra Valencia | ) www.reuters.com time to read: +5 min

But oil and mining guilds say their industries are needed to shore up Ecuador's battered economy and that bans would expose the areas to illegal mining and deforestation. Outgoing President Guillermo Lasso, who moved ahead elections after lawmakers attempted to oust him, has failed to raise oil production or attract more mining investment as violence and social problems have worsened. A "yes" vote in both referendums could complicate finances for his successor. State oil company Petroecuador says a "yes" on the Yasuni referendum would cost the country $13.8 billion in income over the next two decades. But residents say mining will threaten high altitude wetlands, water and animals like the spectacled bear.

Persons: Read, Ecuadoreans, Guillermo Lasso, Santiago Pérez, Ramon Correa, Correa, Rafael Correa, Pedro Bermeo, Bermeo, Petroecuador, Australia's SolGold, Maria Eulalia Silva, Morelia Fuentes, Alexandra Valencia, Tito Correa, Karen Toro, Julia Symmes Cobb, Marguerita Choy Organizations: ITT, Environmental, Reuters, Voters, of Mining, Mining, Thomson Locations: Orellana, Orellana province, Ecuador, QUITO, Quito, Choco, North America, State, Pastaza

WASHINGTON, July 27 (Reuters) - U.S. senators, alarmed by the malevolent potential of artificial intelligence, will summon developers, executives and experts for hearings later this year on possible legislative safeguards, Senate Majority Leader Chuck Schumer said on Thursday. Speaking on the Senate floor, Schumer, the chamber's leading Democrat, said the Senate would convene what he called "the first-ever AI Insight Forums" to hear what experts had to say. Democratic and Republican senators voiced alarm this week about artificial intelligence's potential use to create a biological weapon. Schumer said senators were briefed on AI on Wednesday by experts at the U.S. Energy Department, the National Science Foundation and the Defense Advanced Research Projects Agency, or DARPA, which had laid the groundwork for the internet. Reporting by Diane Bartz; Editing by Howard GollerOur Standards: The Thomson Reuters Trust Principles.

Persons: Chuck Schumer, Schumer, Diane Bartz, Howard Goller Organizations: Democratic, U.S . Energy Department, National Science Foundation, Defense, Research Projects Agency, DARPA, Senate Homeland Security, Governmental Affairs, Thomson

[1/2] U.S. Senate Minority Leader Mitch McConnell (R-KY) speaks to the media after the weekly Senate Republican caucus luncheon with Republican leadership Senator Steve Daines (R-MT) and John Thune (R-SD), at the U.S. Capitol in Washington, U.S., February 14, 2023. It underscored that a high-quality candidate is crucial," Senate Republican leader Mitch McConnell said in an interview. Thirty-four of the 100 U.S. Senate seats will be up for grabs next year. In the 2022 congressional elections, Trump backed controversial Senate candidates including Oz in Pennsylvania and former football star Herschel Walker in Georgia, who both lost to Democrats. Had Republican candidates prevailed in those races, the party would have emerged with a Senate majority.

Persons: Mitch McConnell, Steve Daines, John Thune, Evelyn Hockstein, Daines, David McCormick, McCormick, Mehmet Oz, Donald Trump, John Fetterman, Dave, He's, Trump, Joe Biden, McConnell, Biden, Herschel Walker, Gary Peters, Ron DeSantis, Tim Sheehy, Sam Bowman, Jim Justice, Sheehy, Jon Tester, Matt Rosendale, David Morgan, Jarrett Renshaw, Will Dunham, Scott Malone Organizations: U.S ., Republican, U.S, Capitol, REUTERS, Democrats, Senate Republicans, Pennsylvania, Republican Senate, Democratic, Reuters, National Republican, TRUMP, Trump, Senate Democrats, Navy SEAL, Bridger Aerospace, Caucus, Senate, Thomson Locations: Washington , U.S, WASHINGTON, Montana, West Virginia, Nevada, In Pennsylvania, Arizona , Georgia, New Hampshire, Montana , West Virginia, Ohio, Arizona , Michigan, Montana , Nevada , Ohio, Pennsylvania, Wisconsin, Georgia, Florida, Washington, Philadelphia

Rep. Ronny Jackson (R-TX) speaks during a press conference on the National Defense Authorization Act (NDAA) with members of the House Freedom Caucus on July 14, 2023 in Washington, DC. The House narrowly passed an annual defense policy bill on Friday after Republicans added provisions on abortion and transgender surgeries — measures that were a nonstarter for Democrats. The amendments, adopted Thursday, would ban the secretary of defense from paying for or reimbursing service members for abortion-related expenses and transgender surgeries and hormone treatments. House Democratic leaders said Thursday that members of their caucus will vote against passing the bill. The defense legislation will eventually need to be reconciled with a version of the bill under consideration in the Senate.

Persons: Ronny Jackson, Ken Buck, Ken Buck of Colorado, Andy Biggs, Eli Crane of, Thomas Massie of, Henry Cuellar, John Duarte of, Brian Fitzpatrick, Matt Rosendale, Joe Biden's, Hakeem Jeffries, Sen, Tommy Tuberville, Scott Perry, We're, Perry, Pete Aguilar, I've, Pat Ryan Organizations: National Defense, Caucus, Democrats, Four, Rep, Texas Democrat, Republicans, Department of Defense, Defense Department, Democratic, House Democratic, Senate, GOP, House Armed Services Committee Locations: Washington ,, Ken Buck of, Eli Crane of Arizona, Thomas Massie of Kentucky, Texas, John Duarte of California, Pennsylvania, D

☆ Chamber of Commerce asks judge to block Medicare drug price negotiations before October
▼ + stars: | 2023-07-12 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

The U.S. Chamber of Commerce on Wednesday asked a federal judge in Ohio to block Medicare's new powers to negotiate drug prices before Oct. 1. They argued that the drug negotiations violate the First and Fifth Amendments of the U.S. Constitution, as well as the separation of powers. The Chamber asked Judge Thomas Rose on Wednesday to block the negotiations before they get under way because they violate the due process clause. Drugmaker Abbvie , a member of the U.S. Chamber and the Dayton, Ohio area chamber, fears that its blood cancer drug Imbruvica will be selected for the negotiations this fall. The Medicare drug price negotiations do not provide these safeguards and impose price caps that are well below a drug's market value, the chamber's lawyers said.

Persons: Xavier Becerra, Drugmakers, Judge Thomas Rose, Drugmaker, Engler, Michael Staff Organizations: U.S . Chamber, Washington , D.C, Commerce, Wednesday, Medicare, Human Services, Constitution, HHS, Sixth Circuit, Appeals, Michigan Bell Telephone Co, Companies, Staff, Merck, Bristol Myers Squibb, Pharmaceutical Research, Manufacturers of America, U.S Locations: Washington ,, Ohio, Dayton , Ohio, Michigan, U.S

"July is going to have a lot of late-night votes and a lot of really big issues being tackled," House Majority Leader Steve Scalise, the chamber's No. House Republicans are aiming to craft a series of 12 detailed spending bills covering every aspect of government funding, an intricate feat Congress has not pulled off on time since fiscal 1997. House Republicans last month voted on a lower target of $1.47 trillion, which would cut spending for the environment, public assistance and foreign aid. "House Republicans really are committed to shrinking spending. House Republicans are also trying to use the legislation to rescind key Biden priorities in areas such as climate change and tax collection.

Persons: Kevin McCarthy, Joe Biden, Steve Scalise, Patty Murray, Susan Collins, Biden, McCarthy, Dusty Johnson, Rosa DeLauro, David Joyce, Joyce, David Morgan, Richard Cowan, Scott Malone, Jonathan Oatis Organizations: Republican, House, Democratic, Senate, Republicans, House Republicans, White House, Main Street Caucus, Reuters, Committee, Caucus, Republican Governance Group, Thomson Locations: United States

☆ Commodities trader caught in DOJ probe ruined her own non-prosecution agreement by taunting the former colleagues she was helping to investigate
▼ + stars: | 2023-07-09 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

She entered into a non-prosecution agreement with the DOJ in exchange for cooperating with a probe. A court filing shows Bamber ruined the agreement by harassing colleagues she was helping investigate. A former commodities trader who admitted to wire fraud and price manipulation ruined a non-prosecution agreement she scored after it was revealed she was harassing the former colleagues she was helping to investigate. Charlotte Bamber, a former trader of oil products at Trafigura Group, entered into the non-prosecution agreement with the DOJ in 2020 in exchange for cooperating with a probe into her former employer. Bamber wrote, copying two colleagues under investigation in the same email thread: "One of you will lose everything."

Persons: Charlotte Bamber, Bamber, You'll, Guess Organizations: Trafigura Group, DOJ, FBI, Trafigura Locations: United States

☆ US House Republicans seek to expunge Trump impeachments
▼ + stars: | 2023-06-23 | by ( David Morgan | ) www.reuters.com time to read: +4 min

Trump was just the third U.S. president to be impeached by the House and is the only one in U.S. history to have been impeached twice. Georgetown University Law Professor Jonathan Turley, whose expert advice Republicans sometimes seek, noted that the U.S. Constitution contains no provision for expunging impeachments. Greene's two-page resolution would expunge the 2019 impeachment, saying he was "wrongfully accused of misconduct." That won't stop the Republicans from doing it, and it's just further placating Donald Trump," said Representative Dan Goldman, who was lead Democratic counsel in the 2019 impeachment. On Wednesday, House Republicans censured Democratic Representative Adam Schiff over his leading role in the 2019 Trump impeachment.

Persons: Elise Stefanik, Sarah Silbiger, Donald Trump's staunchest, Marjorie Taylor Greene, Trump, Jonathan Turley, Turley, expungement, it's, Donald Trump, Dan Goldman, Greene, Trump's, Joe Biden, Christopher Wray, Adam Schiff, Steve Scalise, Schiff, Lauren Boebert, David Morgan, Scott Malone, Daniel Wallis Organizations: GOP, Caucus, U.S, Capitol, Washington , D.C, REUTERS, WASHINGTON, Congress, Representatives Republican, Republicans, Democratic, Georgetown University, U.S . Constitution, Democrats, U.S . Capitol, Biden, Thomson Locations: Washington ,, Ukraine, U.S ., New York, U.S

☆ Trump gets first GOP endorsements since his indictment in classified documents case
▼ + stars: | 2023-06-23 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

Trump, the clear frontrunner in the race for the 2024 GOP presidential nomination, was also endorsed by North Carolina Lt. Gov. As if to drive home that point, the same crowd that cheered Robinson also loudly booed another GOP presidential candidate, former New Jersey Gov. Reschenthaler, the House Republican chief deputy whip, is the second member of the chamber's GOP leadership to endorse Trump after House Republican Conference Chair Rep. Elise Stefanik of New York. Ron DeSantis, Trump's nearest Republican primary competitor, has so far amassed five congressional endorsements. Polls of the GOP primary field showed Trump widening his lead after his first indictment.

Persons: Donald Trump, Trump, Mark Robinson, Robinson, William Barr, Chris Christie, Christie, Mike Kelly, Dan Meuser, Scott Perry, Guy Reschenthaler, John Joyce, Reschenthaler, Elise Stefanik, Ron DeSantis, Fred Keller, Carla Sands, It's, Sen, Cindy Hyde, Smith, Andrew Clyde, Mike Pence, South Carolina Sen, Tim Scott, Nikki Haley, Vivek Ramaswamy, Asa Hutchinson, Miami Mayor Francis Suarez, Roe, Wade, Scott, Pence, Trump's Organizations: U.S, GOP, Columbus Convention, Trade Center, White, Republicans, North, Gov, Trump, White House, Republican, Republican Party, New, New Jersey Gov, Pennsylvania Federal Leadership Team, Keystone State, House Republican, NBC, Florida Gov, CNN, South, Former United Nations, Arkansas Gov, Miami Mayor, Democratic Locations: Georgia, Columbus , Georgia, Pennsylvania, North Carolina, New Jersey, Trump's, Washington ,, New York, Pennsylvania's, Denmark, Manhattan, Florida, South Carolina, Arkansas

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