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Search resuls for: "CNN’s Manu Raju"


3 mentions found


☆ ‘It’s not zero.’ Wall Street is pricing in a small but growing risk of a disastrous US default
  + stars: | 2023-03-31 | by ( Matt Egan | ) edition.cnn.com   time to read: +6 min
As politicians sleepwalk toward a potential debt ceiling crisis, financial markets have begun pricing in a small — but growing — chance of a disastrous default. “The probability of default has gone up noticeably,” Andy Sparks, head of portfolio management research at MSCI, told CNN in an interview. Yellen has used unusually strong language for a former central banker to warn Congress against messing with the debt ceiling. Asked about MSCI’s estimate of a 2% implied probability of a default, Valliere said that number is low. But this is not a typical debt ceiling debate.”Fallback optionsThere are some early indicators of concern popping up in the bond market.
☆ C-SPAN is calling on McCarthy to allow its cameras in the House after its unprecedented coverage of the leadership fight
  + stars: | 2023-01-10 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +4 min
The public affairs network on Tuesday sent a letter to new House Speaker Kevin McCarthy asking for permission to operate its own independent cameras in the House chamber. But during special events, such as last week during the election of the House speaker, independent cameras from outlets like C-SPAN are permitted. Instead, we request to install a few additional cameras in the House chamber,” Swain added. But other members of Congress have expressed openness or outright support for letting C-SPAN cameras into the chamber. “Last week’s [C-SPAN] coverage was worthy of an Oscar,” Pocan tweeted.
☆ Kevin McCarthy's impossible GOP math
  + stars: | 2022-12-14 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +10 min
Republican leader Kevin McCarthy is far from assured of winning sufficient support in his party to become House speaker next month. The tiny GOP House majority that takes over in January, after a disappointing midterm performance, would mean a fragile governing mandate for any party at any point in American history. McCarthy’s impossible mathFrom a broader political perspective, it might be in McCarthy’s interest to stand up to the most extreme members of his conference. The path to the GOP majority went through comparatively moderate seats in places like New York that will be most at risk in the 2024 election. But it also reflected Greene’s growing personal power, after she broke with some radical GOP members and lined up to support McCarthy’s speakership.
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