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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSen. Chris Coons on debt ceiling standoff: It is not anyone's wish that we defaultSen. Chris Coons (D-Del.) joins 'Squawk Box' to discuss the latest in the debt ceiling showdown, and whether a bipartisan deal can be reached before the U.S. defaults on its debt.
Under the legislation — which still has a long road to becoming law — the debt ceiling would rise by just $1.5 trillion, or until March 31, 2024, depending on whichever comes first. Democratic senators insisted on Wednesday that the House bill is dead on arrival in the Senate. "I don't think it will have any impact on what happens in the Senate," Sen. Chris Coons, a Delaware Democrat, told Insider of the House bill on Wednesday afternoon. But GOP Sen. Ron Johnson told Insider that he thinks House Republicans "are doing the right thing." That means that both parties need to come to an agreement on an approach to raise the debt ceiling before the country hurdles into a default, expected early this summer.
A series of upcoming challenges, from the ongoing war in Ukraine to a still-uncertain economy, could provide hurdles to Biden’s reelection. The Washington beltway event may be indicative of what’s to come for the Biden reelection campaign strategy. “Just like four years ago—I’m off to teach and Joe’s launched his (re-election) campaign! Obama held his first reelection campaign rally in May 2012, 13 months after announcing his bid for a second term. The wait for a Biden reelection rally could be just as long.
The Senate Ethics Committee said Thursday that Sen. Lindsey Graham, R-S.C., violated Senate rules during a Fox News appearance last year when he requested donations for Hershel Walker's Senate campaign in Georgia. It is against Senate rules to seek campaign donations in a federal building. In its letter, the ethics panel issued an "admonishment" but opted not to sanction Graham. The panel also said Graham was a repeat offender, noting that he had asked for donations in an impromptu media interview in the Dirksen Senate Office Building in October 2020. "In response to a reporter's question regarding your reelection campaign fundraising, you directly solicited campaign contributions for your campaign committee," Coons and Lankford wrote.
Many Americans claim Social Security retirement benefits at the earliest age possible but see their monthly benefit checks reduced for life for doing so. The proposed updates aiming to encourage more Americans to delay tapping Social Security benefits include changing the language the Social Security Administration uses around the claiming process and increasing the mailing of paper Social Security statements. The earliest age to claim Social Security retirement benefits is 62. More from Personal Finance:Why Social Security retirement age, payroll tax may changeExperts argue Social Security retirement age shouldn't pass 67Return on waiting to claim Social Security is 'huge'"When to claim Social Security benefits is a critical decision for older Americans planning their retirement," the senators stated in a letter to the Social Security Administration. Social Security beneficiaries are entitled to full benefits once they reach their full retirement age – 66 to 67, depending on their date of birth.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. and China need to have open lines of communication and dialogue, Sen. Chris Coons saysSenator Chris Coons tells CNBC that the U.S. needs to have open lines of communication and dialogue with China, "even at a moment of great tension."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with U.S. Senator Chris Coons (D-Del)Sen. Chris Coons (D-Del) tells CNBC’s Hadley Gamble that the U.S. and China "need to have open lines of communication and dialogue," as U.S. Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi are expected to meet in Munich.
By early 2019, Trump had cycled through seven of 15 Cabinet secretaries and was on his third chief of staff. A White House official said Mayorkas would fight any such attempt and has no wish to step down. The durability of Biden’s Cabinet is something of a surprise. Going back decades, presidents have steadily concentrated power in the White House, at the Cabinet’s expense, historians say. Some Cabinet secretaries have felt marginalized as presidents stocked the West Wing with trusted advisers and usurped the prerogatives of Cabinet members who had thought they were brought in to run things.
The speaker of Russia's parliament warned Sunday that countries supplying Ukraine with more powerful weapons risked their own destruction, a message that followed new pledges of armored vehicles, air defense systems and other equipment but not the battle tanks Kyiv requested. "Supplies of offensive weapons to the Kyiv regime would lead to a global catastrophe," State Duma Chairman Vyacheslav Volodin said. "If it requires our sending some Abrams tanks in order to unlock getting the Leopard tanks from Germany, from Poland, from other allies, I would support that." Since invading Ukraine, Russia also has increased both the scope and the number of its joint military drills with China. Ukraine is asking for more weapons as it anticipates Russia's forces launching a new offensive in the spring.
WASHINGTON, Jan 22 (Reuters) - American lawmakers on Sunday pushed the U.S. government to export M1 Abrams main battle tanks to Ukraine, saying that even sending a symbolic number to Kyiv would be enough to push European allies to do the same. "Even saying that we're going to put Abrams tanks in would be enough," he said. Britain recently announced it was supplying 14 Challenger 2 tanks to Ukraine, but the real prize are Germany's Leopard 2 heavy tanks, which Ukraine's allies are in a position to supply. But Germany appears to have tied any such contribution to a U.S. move to send its own Abrams tanks, something American officials have said they are reluctant to do because the vehicles are complicated to maintain. "If it requires our sending some Abrams tanks to unlock getting the Leopard tanks from Germany, from Poland, from other allies I would support that," he said.
After the FBI found more classified documents at the Wilmington, Delaware, home of President Joe Biden during a consensual search Friday, legislators said Sunday that Biden's actions were "unbelievable" and "irresponsible." The discovery was the fourth time since November that classified records or materials have been found at a private address of Biden's. Former President Donald Trump is under criminal investigation by another special counsel for taking hundreds of classified records and other government documents from the White House when he left office. Most Americans think both Biden and Trump have handled classified material inappropriately, according to a poll released Sunday by ABC News. "There is one important document that distinguishes former President Trump from President Biden — that's a warrant," Coons said.
The closed-door meetings at the annual gathering of the wealthiest investors and most powerful world leaders in Davos, Switzerland come as attendees await Ukrainian President Volodymyr Zelenskyy. Sen. Chris Coons, D-Del., who is one of President Joe Biden's closest allies in the Senate, told CNBC that he's talked with officials at Davos about the need to keep helping Ukraine. The U.S. has already sent some $50 billion in military, financial and humanitarian aid to Ukraine; Congress approved another $44.9 billion in additional funding on Dec. 23. And it's not just Coons or members of Congress from the U.S. delegation that's privately addressing Russia invading Ukraine. The conversation made him think Ukrainian leaders hope to pick up more financial aid while they're at Davos, he said.
People communicate with each other at the Congress Center for the World Economic Forum WEF Annual Meeting 2023 in Davos, Switzerland, Jan. 15, 2023. DAVOS, Switzerland – U.S. lawmakers quietly took part in a private ritzy lunch atop the World Economic Forum on Monday featuring dozens of influential business leaders, according to people with direct knowledge of the matter. Joe Manchin, D-W.Va., Chris Coons, D-Del., Kyrsten Sinema, I-Ariz. and a few members of the House of Representatives, these people explained. Coons, Manchin, Sinema and Kemp are among the U.S.-based officials scheduled to participate in panel sessions at this year's conference. These private events on the sidelines of the World Economic Forum often serve as meet-and-greets between CEOs, billionaires and government officials.
Democrats lodged an ethics complaint against Josh Hawley and Ted Cruz nearly two years ago. No one's heard anything since from the Senate Ethics Committee, which one advocate calls a "black hole." Democratic Sen. Sheldon Whitehouse of Rhode Island led the complaint against Cruz and Hawley. Democratic Sen. Chris Coons of Delaware and Republican Sen. James Lankford of Oklahoma, the chairman and vice-chairman of the Senate Ethics Committee. Little has emerged in the last two years to suggest that Cruz and Hawley were intimately involved in the assault on the Capitol.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSen. Chris Coons: I support the $1.7 trillion spending bill, but I do not like the processSen. Chris Coons (D-Del.) joins CNBC's 'Squawk Box' to discuss the $1.7 omnibus bill that passed the Senate on Thursday, and the rushed process to approve the government's spending bill.
Share this -Link copied'It's too much for me': Zelenskyy begins speech by thanking U.S. Zelenskyy began his remarks before a joint meeting of Congress at 7:40 p.m. "I think we share the exact same vision, that of a free, independent and prosperous Ukraine," Biden said. The Ukrainian president added that the soldier told him that "many (of) his brothers, this system saved." President Joe Biden holds a medal presented to him by Ukrainian President Volodymyr Zelenskyy in the Oval Office. Share this -Link copiedPhoto: Zelenskyy shakes hands with Biden as he arrives President Joe Biden welcomes Ukrainian President Volodymyr Zelenskyy to the White House.
President Zelenskyy is an inspiring leader. He's expected to visit the White House before addressing a joint session of Congress at the Capitol. A group of soldiers who helped defend Bakhmut gave him a Ukrainian flag and asked him to get it to Congress — and the Ukrainian president promised to give it to Biden himself. We will pass it on from the boys to the Congress, to the president of the United States. We are grateful for their support, but it is not enough.” Share this -Link copied
A bipartisan group of senators introduced a bill on Wednesday aimed at increasing transparency for Twitter , Facebook and other social media companies as lawmakers debate whether to ban TikTok. The Platform Accountability and Transparency Act is intended to make the companies' internal data more accessible to the public by requiring the submission of necessary data to independent researchers. Under the proposal, social media companies would be compelled to provide internal, privacy-protected data to researchers who've been approved by the National Science Foundation, an independent agency. The bill protects researchers from legal liabilities associated with automatic data collection if certain privacy safeguards are followed. Earlier this month, lawmakers floated a bill to ban the popular social media platform TikTok in the U.S. after years of speculation about the Chinese government's influence on ByteDance, the China-based company that owns TikTok.
WASHINGTON, Dec 13 (Reuters) - Days after the release of U.S. basketball star Brittney Griner from imprisonment in Russia, Democratic and Republican U.S. lawmakers will introduce legislation on Tuesday to establish March 9 as an annual day to remember Americans detained abroad. The bill, according to text seen by Reuters, seeks to make March 9 "National Hostage and Wrongful Detainee Day," to call increased attention to Americans unjustly held abroad and add urgency to the push to bring them home. "Brittney Griner's release and unjust imprisonment has only underscored the need for Congress to continue working to safeguard the lives of wrongfully detained Americans," said Democratic Senator Chris Coons, a lead sponsor of the bill, in a statement. The measure's sponsors also include Republican Senator Marco Rubio and Representatives Haley Stevens, a Democrat, and French Hill, a Republican. The administration has been unable to secure the release of former Marine Paul Whelan, who was jailed in Russia on 2020 on spying charges.
"It doesn't change my life one bit," said Democratic Sen. Sheldon Whitehouse of Rhode Island. "I don't think anybody's announcing anything," Democratic Sen. Mark Kelly of Arizona told reporters, saying he didn't want to get into "hypotheticals." Democratic Sen. Gary Peters of Michigan, the head of the DSCC for 2022, also declined to say whether the party should back Sinema. But she too declined to say whether the party should back Sinema in 2024, waving as the elevator closed. Asked by reporters on Monday what he made of Sinema's announcement, Democratic Sen. Chris Coons of Delaware dramatically shrugged as he boarded an elevator.
"Grateful for the long-overdue release of Brittney Griner today from Russian custody. "Thank you to every single person that kept Brittney Griner’s name alive #WEAREBG," tweeted one of her Phoenix Mercury teammates, Brianna Turner. The Biden administration wasn't able to secure Whelan's release because the Russian government is treating his case differently than Griner's, Biden said. “While we celebrate Brittney’s release, Paul Whelan and his family continue to suffer needlessly,” Blinken said. Share this -Link copiedWho is Viktor Bout, Russian arms dealer that the U.S. exchanged for Brittney Griner?
The climate bill that favors domestic production could possibly restrict trade, European countries say. Europe's industry fears that the bill, which gives tax credit for each eligible renewable energy component produced in a U.S. factory, would take away potential investment from the continent. The IRA, which was signed into law in August, also provides a tax credit of 30% of the cost of new or upgraded factories that build renewable energy components. "We're going to continue to create manufacturing jobs in America but not at the expense of Europe," Biden said. Biden in August signed the $52.7 billion semiconductor chips manufacturing subsidy and research law, which subsidizes U.S. chip manufacturing and expands research funding.
The Polish government convened an emergency security and defense meeting Tuesday and agreed to increase its military readiness, government spokesman Piotr Mueller said, after an explosion killed two people near the border with Ukraine. It was not clear what caused the explosion in the southeastern town of Hrubieszów, Mueller said after the emergency meeting was convened. The longer Russia feels impunity, the more threats there will be to anyone within reach of Russian missiles,” Ukrainian President Volodymyr Zelenskyy wrote on Telegram. We must act.”The prospect of Russian missiles possibly hitting Poland, a member of NATO, triggered fears that the war in Ukraine could intensify sharply. Estonia is ready to defend every inch of NATO territory,” the country’s foreign minister said via Twitter.
In the wake of Greene’s statement and other Republicans aligned with former President Donald Trump questioning the amount of U.S. aid delivered to Ukraine in recent weeks, Sens. A key supporter of Kyiv, Portman is the co-chair and co-founder of the Senate Ukraine Caucus and a member of the Senate Foreign Relations Committee. His departure from Congress is seen as a potential blow for Ukrainian support. Some Ukrainian officials have expressed nervousness in recent weeks, as news stories indicated potential GOP opposition to continued support for Kyiv. Barry Reeger / AP fileYuriy Saks, adviser to Ukraine Minister of Defense Oleksii Reznikov, told NBC News on Monday that he hoped the results of the U.S. election would not affect the country’s continued support of Ukraine.
A bipartisan group of senators is introducing new legislation Thursday aimed at improving the way the FBI interacts with underage victims and witnesses in sex abuse and trafficking cases. The Respect for Child Survivors Act is the latest effort by Congress to address the FBI’s failures in its handling of the Larry Nassar investigation. The former USA Gymnastics doctor is serving decades in prison for abusing underage athletes over several years. "They had legal, legitimate evidence of child abuse and did nothing," McKayla said at a Senate Judiciary Committee hearing in September 2021. It was written with input from child welfare groups, including the Rape Abuse & Incest National Network, the National District Attorneys Association, Army of Survivors and the National Children’s Alliance.
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