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☆ US House Speaker McCarthy plans to meet Taiwan's president in the US
▼ + stars: | 2023-03-06 | by ( Michael Martina | ) www.reuters.com time to read: +4 min

REUTERS/Leah MillisWASHINGTON, March 6 (Reuters) - U.S. House Speaker Kevin McCarthy plans to meet Taiwan's President Tsai Ing-wen in the U.S. in coming weeks, two sources told Reuters on Monday, a move that could replace the Republican Speaker's anticipated but sensitive trip to the democratically governed island claimed by China. One of the sources said should the U.S. meeting go forward - likely in April - it did not necessarily rule out McCarthy visiting Taiwan in the future. During a CNBC interview earlier on Monday, McCarthy declined to answer whether he would visit Taiwan, saying he would announce any travel plans when he had them. Since then, Taiwan has welcomed a wave of U.S. lawmakers, and speculation has swirled around whether McCarthy would travel there this year. McCarthy last year expressed interest in visiting Taiwan if he became speaker, a role he assumed in January after Republicans took control of the House in November's midterm elections.

☆ Sen. Dianne Feinstein hospitalized with shingles in San Francisco
▼ + stars: | 2023-03-03 | by ( Zoë Richards | Frank Thorp V | ) www.cnbc.com time to read: +2 min

Sen. Dianne Feinstein, D-Calif., said Thursday she was hospitalized in San Francisco with shingles after she missed Senate votes this week. In a statement, Feinstein, 89, said she got the shingles diagnosis while the Senate was in recess late last month. "I have been hospitalized and am receiving treatment in San Francisco and expect to make a full recovery," Feinstein said. Feinstein, the oldest sitting senator and the longest-serving senator from California, was first elected to the Senate in 1992. Sen. Bob Casey, D-Pa., recently returned to Washington after having undergone surgery last month for prostate cancer.

☆ US House Speaker McCarthy says he will provide Jan. 6 defendants with security footage
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: +2 min

[1/3] U.S. House Speaker Kevin McCarthy (R-CA) delivers remarks on the debt ceiling, outside of his office on Capitol Hill in Washington, U.S., February 6, 2023. REUTERS/Evelyn HocksteinWASHINGTON, Feb 28 (Reuters) - Republican U.S. House Speaker Kevin McCarthy said on Tuesday that he would provide defendants in criminal cases from the Jan. 6, 2021 attack on the U.S. Capitol with access to thousands of hours of internal security footage of the melee. "I'll give it out to the entire country," said the California Republican, who first announced his plan to release security footage days after being elected speaker in early January. McCarthy told reporters that Jan. 6 defendants had been able to access some security footage before he became speaker. 2 Republican, told reporters that lawmakers would make sure that any public releases would not include sensitive material.

☆ A 27-year-old freelance writer who brought in $115,000 last year working 30 hours a week explains how he uses ChatGPT and other tools to work more efficiently
▼ + stars: | 2023-02-17 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Freelance finance writer Tony Dong made about $115,000 last year working 30 hours per week. But he also uses specific tools, including ChatGPT, to work more efficiently. Here are three tools Dong uses to do his job better and more efficiently. But if he's writing about something he's less familiar with he'll ask his AI assistant for help. There's also a premium version for $12 a month, which Dong uses: "It makes your writing more compelling and is worth the money."

☆ Trailblazing U.S. Senator Dianne Feinstein will not seek re-election
▼ + stars: | 2023-02-15 | by ( Moira Warburton | ) www.reuters.com time to read: +3 min

Senator Dianne Feinstein, a trailblazer for women in American politics, announced on Tuesday that she will not seek re-election in 2024, clearing the path for a hotly contested race for her seat among California Democrats. I can honestly say that Dianne Feinstein is one of the very best," Democratic President Joe Biden said on Tuesday night, noting their time serving together on the Senate Judiciary Committee. Senator Diane Feinstein (D-CA), who announced she will not be seeking re-election, leaves the Senate floor after a vote on Capitol Hill in Washington, U.S., February 14, 2023. Feinstein "was a tough woman on the front lines in fights like access to assault weapons and national security and intelligence," Democratic Senator Elizabeth Warren told reporters on Tuesday. "Every other woman in public office owes a special debt to Dianne Feinstein."

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☆ Biden's State of the Union may not help potential 2024 election bid against Trump, experts say
▼ + stars: | 2023-02-09 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +6 min

President Joe Biden's second State of the Union address played well with viewers, and may have helped him tee up a bid for reelection in 2024 — but it might not make a lasting impact on his hopes for a second term, experts said. And the latest poll showed that fewer respondents had a "very positive" reaction to this year's address when compared with a survey taken right after Biden's previous State of the Union speech. "He delivered his speech forcefully if not flawlessly, adding no new fuel to questions about his fitness to serve a second term," Galston said. His opponent from the 2020 election, former President Donald Trump, has technically been on the 2024 campaign trail for months, though he has done little in-person campaigning. Former President Barack Obama, under whom Biden served as vice president, had launched his own reelection bid in April 2011, less than three months after his second State of the Union address.

One of the really interesting questions here – this will be fascinating – the core of linear TV is sports rights. When you look at the size and scope of the linear TV business, it's huge. Patrick T. Fallon | Afp | Getty ImagesByron Allen, Entertainment Studios founder and CEO: I think linear TV will exist for a very, very long time. Simmons: I believe Apple, out of nowhere, will start making their own awesome televisions that have Apple TV embedded in them. We are witnessing early stages of this dynamic with deals like "NFL Sunday Ticket" on YouTube and the MLS deal with Apple TV.

☆ Debt ceiling deal no closer as McCarthy, Biden vow to continue talks
▼ + stars: | 2023-02-02 | by ( Christina Wilkie | ) www.cnbc.com time to read: +4 min

McCarthy said he and Biden did not discuss any details of their next meeting, such as whether White House aides or members of McCarthy's leadership team would participate. Both Biden and McCarthy say passing a debt limit bill is absolutely essential. "I believe you have to lift the debt ceiling, but you do not lift the debt ceiling without changing your behavior. Biden and the White House have so far refused to "negotiate" on a debt limit hike, however. "We will not pass a clean debt ceiling here without some form of spending reform.

☆ House Speaker McCarthy spoke with Musk about making Twitter 'fair on all sides'
▼ + stars: | 2023-01-27 | by ( Lauren Feiner | ) www.cnbc.com time to read: +2 min

U.S. Speaker of the House Kevin McCarthy (R-CA) arrives to a meeting with the House Republican Steering Committee at the U.S. Capitol Building on January 11, 2023 in Washington, DC. Twitter CEO Elon Musk discussed how to make the social media site "fair on all sides" in a meeting with House Speaker Kevin McCarthy, R-Calif., the lawmaker told reporters on Friday. "He wants to have a level playing field" and for everybody to have a voice, McCarthy said of the meeting in remarks reported by NBC News. On Friday, McCarthy also confirmed that Jeffries was in the Thursday meeting and that he had not previously met Musk. An aide to Jeffries told The Washington Post his encounter with Musk was only coincidental and happened as Musk was leaving his meeting with McCarthy.

☆ How the market is rating the risk of debt ceiling default and a divided, dysfunctional Congress
▼ + stars: | 2023-01-27 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +13 min

That would be the worst-case outcome, of course, but even the best case will probably see the sort of brinksmanship that occurred in the 2011 debt ceiling crisis." From the Senate, Mitch McConnell recently said it's an issue for Biden and the House GOP to work out. Kevin Brady , the former top Republican on the House Ways and Means Committee, dismissed talk of debt default as "fear mongering." Narrowness of GOP House majority does matterJPMorgan also referred to the path for a political agreement as being "narrow." In 2013, the Federal Reserve ran a simulation of a debt default by the U.S. government.

☆ Democratic Rep. Adam Schiff launches bid for Sen. Dianne Feinstein's California seat
▼ + stars: | 2023-01-26 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

U.S. Rep. Adam Schiff (D-CA) speaks at a press conference on committee assignments for the 118th U.S. Congress, at the U.S. Capitol Building on January 25, 2023 in Washington, DC. Rep. Adam Schiff, the California Democrat who led an impeachment effort against former President Donald Trump, launched a bid for the high-profile Senate seat currently held by Democratic Sen. Dianne Feinstein. "I'm going to the U.S. Senate to fight for working people, not the rich or corporations who don't need yet another voice in Congress," Schiff said in a press release Thursday unveiling his 2024 Senate bid. Today's Republican Party is gutting the middle class, threatening our democracy," Schiff said in a video accompanying his announcement. Schiff's Senate bid follows Democratic Rep. Katie Porter's announcement that she will campaign for Feinstein's seat.

☆ U.S. Representative Schiff sets sights on fellow Democrat Feinstein's Senate seat
▼ + stars: | 2023-01-26 | by ( Kanishka Singh | ) www.reuters.com time to read: +2 min

Schiff joined other California Democrats aiming for the seat currently held by Democratic Senator Dianne Feinstein. U.S. Representative Katie Porter launched her U.S. Senate campaign this month. The Washington Post has reported that Representative Barbara Lee was also planning to run for the seat. The new Republican House Speaker, fellow Californian Kevin McCarthy, has blocked Schiff from serving on the prestigious panel again. Schiff, a prominent House Democrat who was first elected in 2000, gained national attention for his high-profile role in the 2020 Trump impeachment trial.

US Bank personal checking account featuresUS Bank has over robust national presence, with over 2,000 branches in 26 states and 4,000 ATMs throughout the US. The bank has two checking accounts: US Bank Safe Debit account and US Bank Smartly™ Checking. US Bank checking accounts vs. Chase checking accountsChase offers a greater variety of options, including checking accounts specifically suited for teens and college students. Chase Total Checking® has a $12 monthly service fee, while US Bank Smartly™ Checking has a $6.95 monthly service fee (with options to waive). US Bank checking accounts vs. Wells Fargo checking accountsWells Fargo has four types of checking accounts, including a checkless bank account similar to the US Bank Safe Debit account.

Speaking to reporters in Senegal, Yellen warned that Washington could spur a global financial crisis and undermine the role of the dollar if it does not raise the $31.4 trillion debt limit. McCarthy said on Twitter he would meet Biden to "discuss a responsible debt ceiling increase to address irresponsible government spending." The U.S. government hit its $31.4 trillion borrowing limit on Thursday, a figure that reflects money already spent by the government. But the percolating battle over the U.S. debt limit later this year already is rattling markets and investors. Yellen noted the debt ceiling needs to be raised to cover borrowing on spending already authorized by Congress.

☆ Op-ed: Did House Speaker Kevin McCarthy really gain any power?
▼ + stars: | 2023-01-12 | by ( Heidi Heitkamp | ) www.cnbc.com time to read: +7 min

Last week, after ceding control to the ultra-right wing of his party, Rep. Kevin McCarthy became the 55th Speaker of the U.S. House of Representatives. This happened after the dysfunction and division of the Republican House majority was placed in full view to the American public. Most news coverage has focused on the historical uniqueness of this drama — the personality and sometimes physical conflicts — and the embarrassment to the House Republican Caucus. The U.S. Treasury estimates that the debt limit vote will be needed in August. Finally, securing a Republican majority in the House gave the Republican party the opportunity to move beyond Donald Trump as it's leader.

☆ House Republicans to investigate Big Tech's communications with Biden administration
▼ + stars: | 2023-01-09 | by ( Lauren Feiner | ) www.cnbc.com time to read: +3 min

House Republicans are planning to launch a new subcommittee this week that will investigate communications between Big Tech companies and the Biden administration, a source familiar with the matter confirmed to CNBC. House Judiciary Chairman Jim Jordan, R-Ohio, who supported McCarthy in his bid for the speakership, is expected to chair the new subcommittee. The panel will investigate communications between the tech companies and the executive branch and search for signs of pressure leading to conservative censorship online. The three other companies Jordan included in the letters did not respond to previous requests for comment. Twitter later reversed the decision and its then-CEO said the actions the platform took were "wrong," changing its policies to prevent a recurrence.

☆ Republican representatives say they are not worried McCarthy conceded too much
▼ + stars: | 2023-01-08 | by ( Ashley Capoot | ) www.cnbc.com time to read: +3 min

Following a chaotic week in the U.S. House of Representatives over Kevin McCarthy's bid for speaker, Republican representatives said Sunday they are not worried that he gave up too much in order to secure the gavel. Republican Rep. Scott Perry, who was among the most outspoken opponents of McCarthy's speaker bid, flipped his vote for McCarthy on the 12th ballot. "This is never about Kevin McCarthy. Rep. Andy Barr, R-Ky., said Sunday he's not worried that Kevin McCarthy conceded too much to get the speakership. But House Minority Leader Hakeem Jeffries said if McCarthy is willing to try and find common ground, he will find willing partners among House Democrats.

☆ GOP lawmakers reject critics, say there were 'positives' in chaotic House Speaker vote: 'We accomplished an enormous amount'
▼ + stars: | 2023-01-08 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

The Texas Republican argued on CNN Sunday morning that "a little temporary conflict is necessary in this town." "Some of the tensions you saw on display when we saw some of the interactions there between Mike Rogers and Matt Gaetz, you know some of that is, we need a little of that. Kentucky Republican Rep. Andy Barr told ABC's "This Week" that the process "was quite healthy from the standpoint of getting all of these issues resolved now." "I understand the American people's frustration with the delay in electing a speaker," Barr said. "Not only did the framers of our Constitution expect us to debate the operations of the House and the House rules and how we're going to function, that's what a healthy democracy actually requires."

☆ Chaos in the House: McCarthy's plea, and begging for votes
▼ + stars: | 2023-01-07 | by ( Mary Clare Jalonick | ) www.cnbc.com time to read: +6 min

It was nearing midnight, and he had already lost 13 votes for speaker over four long days. U.S. Rep.-elect Matt Gaetz (R-FL) (L) talks to House Republican Leader Kevin McCarthy (R-CA) in the House Chamber during the fourth day of elections for Speaker of the House at the U.S. Capitol Building on January 06, 2023 in Washington, DC. Anna Moneymaker | Getty Images News | Getty ImagesGaetz, who had hurled personal insults at McCarthy just hours earlier on the House floor, said no. Anna Moneymaker | Getty Images NewsThe chaos on the House floor came exactly two years after the Jan. 6, 2021, Capitol insurrection. US Representative Kevin McCarthy (R-CA) speaks to US Representative Matt Gaetz (R-FL) in the House Chamber at the US Capitol in Washington, DC, on January 6, 2023.

☆ McCarthy's dream job could become a nightmare
▼ + stars: | 2023-01-07 | by ( David Morgan | ) www.reuters.com time to read: +6 min

But that role could turn into a nightmare because it requires leading a caucus that strongly rejects leadership. He told reporters on Friday night that he would be a more effective leader because of the drawn-out process. So now we'll be able to get the job done," McCarthy said. The Congressional Leadership Fund, a group tied to him, contributed more than $160 million to help Republican House candidates. McCarthy sent candidates $6.5 million from his own campaign and four other entities under his control, according to his campaign team.

☆ U.S. House Speaker Kevin McCarthy pledges to tackle immigration, 'woke' education policies and IRS funding
▼ + stars: | 2023-01-07 | by ( Ashley Capoot | ) www.cnbc.com time to read: +3 min

Jon Cherry | ReutersNewly elected U.S. House Speaker Kevin McCarthy took the gavel of the chamber after a bruising weeklong battle within his own party, promising to carry out a conservative, America-first agenda, tackling the immigration crisis at the Mexican border, cutting back funding at the IRS and fixing "woke indoctrination in our schools." He said the first legislation he plans to tackle will repeal funding for more than 87,000 new IRS agents. McCarthy said the tense showdown on the House floor this week was proof that he is not someone who gives up easily. Though his election marked the end of a long week and night in Washington, McCarthy said it was also a new beginning for the nation. Republican members-elect celebrate as House Republican Leader Kevin McCarthy (R-CA) is elected Speaker of the House in the House Chamber at the U.S. Capitol Building on January 07, 2023 in Washington, DC.

JOSH BRECHEEN - FLIPPEDThe Oklahoman freshman went for McCarthy on Friday afternoon, saying a deal "will allow conservatives to rein in out-of-control spending." ANDREW CLYDE - FLIPPEDClyde of Georgia is a member of the hard-right House Freedom Caucus, which is driving opposition to McCarthy. He moved to support McCarthy on Friday. ANDY BIGGS - OPPOSEDThe Arizona lawyer ran against McCarthy in the first round of voting for speaker. MATT ROSENDALE - OPPOSEDThe lone congressman from Montana has remained opposed to McCarthy, voting repeatedly for fellow Republican Kevin Hern instead.

☆ 5 things to know before the stock market opens Thursday, January 5
▼ + stars: | 2023-01-05 | by ( Mike Calia | ) www.cnbc.com time to read: +3 min

Traders work on the floor of the New York Stock Exchange during morning trading on January 04, 2023 in New York City. Chewing things overU.S. stock markets bounced back a little Wednesday, with the S&P 500 rising 0.75%, the Nasdaq increasing 0.69% and the Dow jumping 133 points. December's jobs report is coming Friday morning, as well, so market watchers still have another big data point to chew over this week. Amazon plans bigger job cutsAmazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty ImagesAmazon plans to lay off more than 18,000 employees, far more than initially expected.

☆ Photos of lawmakers' kids looking tired perfectly encapsulates the House this week as the vote for speaker drags on
▼ + stars: | 2023-01-05 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

Several children were present on the House floor on Tuesday as the 118th Congress kicked off. But those hoping to see their parents sworn in were let down as GOP disarray stretched through two days. Members of Congress can't be sworn in until a speaker is elected, so these children were waiting for a ceremony that never came. Photo by Win McNamee/Getty ImagesSome kids had no choice but to wade into the thick of the disarray. Photo by Win McNamee/Getty ImagesHere's hoping any youngsters dragged back for a third day get the resolution the rest of the country also awaits.

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