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☆ Two House Republicans say they might work with Democrats to fund government
▼ + stars: | 2023-09-22 | by ( Sahil Kapur | Rebecca Kaplan | ) www.cnbc.com time to read: +5 min

WASHINGTON — As the Republican stalemate over government funding continues, two freshman GOP House members opened the door Thursday to end-running their party's leadership and working with Democrats to fund the government. Lawler told reporters that if Republicans can't unify to pass a continuing resolution, or CR, to approve short-term funding, he will pursue a discharge petition with Democrats. "If there is not going to be a CR coming out of the House Republican caucus, then I will move forward with a discharge petition," he said. That means at least five Republicans would have to break off for a discharge petition to succeed — potentially more if not all Democrats sign it. Democratic leaders have downplayed the prospects of a discharge petition to resolve the mess and noted that one hasn't been filed.

Persons: Marc Molinaro, Mike Lawler, Joe Biden, they're, Molinaro, Lawler, Kevin McCarthy, doesn't, Matt Gaetz, —, Bob Good, That's, Lauren Boebert, Pramila Jayapal, Jayapal Organizations: U.S, Capitol, WASHINGTON —, Republican, GOP, New York Republicans, White, Republicans, Democratic Locations: Washington, Hudson Valley, Ukraine

☆ Sen. Rick Scott on government shutdown, China threat and 2024 election
▼ + stars: | 2023-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSen. Rick Scott on government shutdown, China threat and 2024 electionSenate Budget Committee member Sen. Rick Scott (R-Fla.) joins 'Squawk Box' to discuss the latest spending negotiations on Capitol Hill to avert a government shutdown, how to combat the China threat, the 2024 election, and more.

Persons: Email Sen, Rick Scott, Sen Organizations: Email, Capitol Locations: China

☆ House GOP pulls key vote to advance stopgap government funding bill
▼ + stars: | 2023-09-19 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. House Speaker Kevin McCarthy, R-Calif., speaks with reporters as he walks to the House floor at the U.S. Capitol in Washington, D.C., Sept. 19, 2023. The House of Representatives canceled a scheduled key procedural vote Tuesday on a temporary government funding bill hashed out by Republicans. The U.S. faces a government shutdown if Congress fails to pass a temporary funding measure by midnight Sept. 30. House Speaker Kevin McCarthy, R-Calif., supports a temporary funding measure to keep the government running. But some members of the GOP still opposed the spending measure after a conference meeting Tuesday.

Persons: Kevin McCarthy, Katherine Clark, Matt Gaetz, Gaetz Organizations: U.S, Capitol, Washington , D.C, Republicans, The, GOP, Democratic, Key, Senate Locations: Washington ,, U.S

Rep. Nancy Mace, R-S.C., talks with reporters after a meeting of the House Republican Conference in the U.S. Capitol to discus an impeachment inquiry of President Joe Biden on Thursday, September 14, 2023. House Republicans released a bill after a tentative agreement between the far-right Freedom Caucus and the center-right Main Street Caucus, the sources said. If the legislation passes the House, it would resolve one internal problem for Speaker Kevin McCarthy while creating a new one. The bill includes most of the Secure the Border Act of 2023, a wish list of immigration provisions for GOP hardliners, with the exception of provisions requiring the use of E-Verify for employers to check immigration status. Earlier in the day, McCarthy urged his colleagues to avert a shutdown during an appearance on Fox News.

Persons: Nancy Mace, Joe Biden, Kevin McCarthy, Byron Donalds, Dusty Johnson, Scott Perry, Stephanie Bice, Chip Roy, Kelly Armstrong, McCarthy Organizations: House Republican Conference, U.S, Capitol, House Republican, NBC News . House Republicans, Caucus, Republican, Democratic, GOP, Freedom Caucus, Senate, White, House Republicans, Fox News, Biden Locations: Ukraine, Texas

In order to protect Republican spending priorities for defense, veteran and disaster relief, it cuts other spending by over 8%. McCarthy planned to hold a vote on a Department of Defense spending bill on Wednesday, then the stopgap funding measure the next day. Leaders of the so-called “five families” — the various conservative factions that make up the House Republican majority – are expected to convene later Monday behind closed doors in the speaker’s office. “How are you going to win your arguments to secure the border if the border agents don’t get paid? Still, Schumer called on McCarthy to take a bipartisan approach to keep the government running.

Persons: Kevin McCarthy, “ I’ve, you’re, ” McCarthy, ”, we’ve, McCarthy, Chuck Schumer, “, it’s, Kevin Hern, Dusty Johnson, I’ve, don’t, aren’t, Byron Donalds, Biden, Janet Yellen, We’ve, Schumer, ” Schumer, Fatima Hussein Organizations: WASHINGTON, Republican House, Republican, Capitol, Republicans, Caucus, Main Street Caucus, Democrats, Department of Defense, Committee, Mainstreet Caucus, Fox, Twitter, Freedom Caucus, U.S . Chamber of Commerce, CNBC, House Democrats Locations: shutdowns, Washington

Angry, frustrated and unable to lead a fractured and unruly Republican majority, House Speaker Kevin McCarthy on Thursday told the colleagues threatening to oust him: Do it. If you’re going to do it, go ahead and try, McCarthy told the Republicans behind closed doors. “File the f——- motion,” McCarthy said, using a profanity for emphasis, according to those in the private meeting. Led by Republican Rep. Matt Gaetz of Florida, a core group of McCarthy critics is holding the threat of removal over him unless he meets conservative demands. McCarthy told the lawmakers to go home for the weekend — they are not in session Friday for the Jewish holiday — and be prepared to stay in session next week until they get the job done.

Persons: Kevin McCarthy, McCarthy, ” McCarthy, what’s, Donald Trump, Joe Biden, “, Matt Gaetz, Gaetz, Hunter Biden, ” Gaetz, Kevin, ”, Kevin doesn’t, Brian Mast, Marjorie Taylor Greene, Kevin Freking, Stephen Groves Organizations: Republican, Republicans, Freedom Caucus, Trump, Caucus, Press Locations: Florida

☆ Kevin McCarthy plans to formally endorse an impeachment inquiry into Biden
▼ + stars: | 2023-09-12 | by ( Rebecca Kaplan | Summer Concepcion | ) www.cnbc.com time to read: +5 min

House Speaker Kevin McCarthy, R-Calif., plans to endorse an impeachment inquiry into President Joe Biden in an effort to seek bank records and other documents from the president and his son Hunter Biden, two Republican sources familiar with the speaker's intentions told NBC News. McCarthy has signaled for weeks that the House could take up an impeachment inquiry, which would provide additional legal power to the House's investigations into the Biden family. It is unclear whether there are sufficient votes within the GOP conference to open an impeachment inquiry into the president. The White House is ramping up a war room to lead a response to a Republican impeachment inquiry, NBC News previously reported. McCarthy's move to endorse an impeachment inquiry into Biden comes amid pressure from right-wing Republicans,who are pushing back against a short-term funding bill to avert a government shutdown at the end of the month.

Persons: Kevin McCarthy, Joe Biden, McCarthy, Hunter Biden, Jim Jordan, James Comer, Biden, Hunter, we're, we've, Devon Archer, Ken Buck, Buck, Jen Psaki, McCarthy's, Matt Gaetz, —, Kevin, Gaetz, Eric Swalwell, Marjorie Taylor Greene, he's, Matt Organizations: NBC News, GOP, House Republican Conference, Punchbowl News, American, Republicans, Freedom Caucus, NBC, Monday, Sunday Locations: Washington , DC, Ohio, Ky

☆ Biden impeachment inquiry gives White House a fight it's ready for
▼ + stars: | 2023-09-12 | by ( Emma Kinery | ) www.cnbc.com time to read: +6 min

House Speaker Kevin McCarthy's announcement that he has directed GOP-led House committees to open an impeachment inquiry into President Joe Biden was the long-anticipated retribution that White House aides had been waiting for, after House Democrats twice impeached Donald Trump during his term in office. Ever since Republicans retook the House majority last year, the White House has been building a team of legal experts and spokespeople to counter the congressional inquiry launched into the president and his son, Hunter Biden. Rep. Marjorie Taylor Greene, R-Ga., said she would not vote on any necessary budget bills unless the House opened an impeachment inquiry. The White House said caving to their demands would show that the exercise is a "costly, illegitimate, politically-motivated exercise not rooted in reality." "The time for impeachment is the time when there's evidence linking President Biden — if there's evidence linking President Biden — to a high crime or misdemeanor.

Persons: Joe Biden, Kevin McCarthy, Patrick's, WASHINGTON —, they'd, Kevin McCarthy's, Donald Trump, Hunter Biden, they've, Ian Sams, Biden, Devon Archer, Hunter Biden's, Hunter, Archer, McCarthy, it's, Marjorie Taylor Greene, Matt Gaetz, Sams, Bill Clinton, McCarthy's, Nancy Pelosi's, forgoing, Ken Buck, Biden —, Buck, we're Organizations: Republican, WASHINGTON, GOP, House, Republicans, White, CNN, Trump, Freedom Caucus, MSNBC Locations: California, St, Washington ,

To start, Congress faces a deadline to fund the government by the end of the month, or risk a potentially devastating federal shutdown. But starting a formal impeachment inquiry into Biden could help to appease Republican allies of Trump, who has emerged as the GOP frontrunner to confront Biden in the 2024 election for the White House. Woodhouse is now a senior adviser to the Congressional Integrity Project, which is preparing to criticize Republicans over the Biden impeachment. While the shutdown is the more pressing problem for McCarthy, the Biden impeachment inquiry is his bigger political gamble. McCarthy has signaled an impeachment inquiry is coming.

Persons: Kevin McCarthy, McCarthy, It's, —, Joe Biden, “ They've, ”, John Thune of, Donald Trump's, “, Hunter Biden, Biden, Trump, Brad Woodhouse, Woodhouse, White, Ian Sams, deride, Matt Gaetz, Kevin, ” Gaetz, Ken Buck, Jen Psaki, ” Trump, GOP Sen, Lisa Murkowski, Murkowski, couldn't, we’ve Organizations: WASHINGTON, —, Capitol, Republicans, Republican, White, Democratic, Congressional, House, Caucus, Defense Department, ”, Senate, GOP Locations: Ukraine, John Thune of South Dakota, Washington, U.S, Mexico, Russia, Lago, Alaska

☆ Trump uses Facebook to fund presidential run, two years after Meta banned him
▼ + stars: | 2023-09-06 | by ( Brian Schwartz | ) www.cnbc.com time to read: +8 min

The Meta ad archive shows that since early June, the Trump Save America Joint Fundraising Committee spent more than $500,000 on digital Meta ads. There is no public data showing how much the Meta ads have directly raised for the Trump campaign. Trump's campaign outraised all of his Republican primary opponents in the second quarter, according to Federal Election Commission records. Some of the recent Trump ads falsely claim, for instance, that Fulton County District Attorney Fani Willis, "lets violent murderers and TRUE criminals run wild in her city." Zoom In Icon Arrows pointing outwards Source: Meta Ad Library

Persons: Donald Trump, Sam Wolfe, Trump, it's, Andrew Arenge, Arenge, Alex Conant, Sen, Marco Rubio, —, Brad Parscale, Parscale, Jack Smith, Joe Biden's, Republican Sen, John McCain, Lindsey Graham, Fani Willis, Willis Organizations: Republican, Reuters, Meta, Facebook, Trump, Trump Save America, Committee, CNBC, University of, Democrats, Republicans, Commission, NBC News, White, Inc, FEC, U.S, Capitol, Atlanta Locations: Columbia , South Carolina, U.S, Canada, New York City, Georgia, New York, Fulton County, Atlanta

☆ Biden resists pressure from lawmakers and seeks short extension to key China science pact
▼ + stars: | 2023-08-24 | by ( Jennifer Jett | Abigail Williams | ) www.cnbc.com time to read: +4 min

The Biden administration is seeking a short-term extension to a landmark science and technology agreement with China despite pressure from some U.S. lawmakers who say Beijing could exploit it to gain a security and military advantage. A six-month extension to the Science and Technology Agreement, or STA, will keep the pact in force as the U.S. seeks "authority to undertake negotiations to amend and strengthen the terms," a State Department spokesperson told NBC News on Wednesday. "If it were to go away, not only would it impede government-to-government cooperation, but it would also put other science cooperation at risk," said Seligsohn, a former environment, science, technology and health counselor at the U.S. Embassy in Beijing. China also considers it the enabling document for all other science cooperation with the U.S., including with academic and research institutions. The State Department spokesperson said it was aware of the issues involved with working with China in the are of science and technology.

Persons: Biden, Jimmy Carter, Deng Xiaoping, Deborah Seligsohn, Antony Blinken, Elise Stefanik, Mike Gallagher of, Blinken, Sen, Rick Scott, Donald Trump Organizations: Central South University, Science, Technology, State Department, NBC News, U.S, Villanova University, Embassy, House Republican Conference Locations: China, Central, Changsha city, Hunan province, Beijing, U.S, New York, Mike Gallagher of Wisconsin, United States

☆ Recalled products linked to more than 100 infant deaths still for sale on Facebook, lawmakers say
▼ + stars: | 2023-08-22 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

Recalled baby products linked to more than 100 infant deaths are still widely sold on Facebook Marketplace despite thousands of requests from federal regulators to take down the items, four members of Congress said. Lawmakers wrote that the Consumer Product Safety Commission has sent Facebook parent Meta about 1,000 requests a month since 2022 to remove the recalled Boppy Newborn Lounger, but the product keeps cropping up for sale on the platform. In June, the CPSC's commissioners sent a letter to Zuckerberg calling on him to do more to prevent the sale of the recalled products. In the letter, the members of Congress asked for more information about Meta's product safety policies, how it monitors recalls and how many staff members are dedicated to consumer-product safety issues. But they did not accuse the companies of selling recalled products.

Persons: Mark Zuckerberg, Fisher, Price, Boppy Newborn, Cathy McMorris Rodgers, Frank Pallone Jr, Gus Bilirakis, Jan Schakowsky, Meta didn't, Zuckerberg, Meta Organizations: Facebook, Lawmakers, Consumer Product Safety Commission, Washington Republican, House Energy, Commerce, New, New Jersey Democrat, CNBC, Target, Walmart, eBay Locations: Washington, New Jersey

☆ Recalled baby products sold on Facebook draw the ire of powerful committee in Congress
▼ + stars: | 2023-08-22 | by ( Chelsey Cox | ) www.cnbc.com time to read: +1 min

WASHINGTON — House lawmakers cited the continuing sale of recalled baby products linked to infant deaths on Meta 's Facebook in a round of letters to 17 companies questioning compliance with U.S. Consumer Product Safety Commission standards about the listing of unsafe products. Lawmakers on the House Energy and Commerce Committee said the CPSC has requested an average of about 1,000 takedowns per month to Meta for the Boppy Newborn Lounger, which was recalled in 2021. "Like other platforms where people can buy and sell goods, there are instances of people knowingly or unknowingly selling recalled goods on Marketplace," a spokesperson for Meta told CNBC. "We take this issue seriously and when we find listings that violate our rules, we remove them." Representatives for Amazon, Walmart and Target did not immediately respond to CNBC's request for comment.

Persons: Meta, Cathy McMorris Rodgers, Frank Pallone Jr, Gus Bilirakis, Jan Schakowsky Organizations: WASHINGTON, U.S . Consumer Product Safety, Walmart, Target, House Energy, Commerce, Meta, CNBC, Amazon, Energy

☆ Trump's Iowa state fair spectacle clouds DeSantis as former president is joined by Florida officials
▼ + stars: | 2023-08-12 | by ( ) www.cnbc.com time to read: +5 min

Republican presidential candidate and former U.S. President Donald Trump campaigns at the Iowa State Fair in Des Moines, Iowa, U.S. Aug. 12, 2023. Gone was the helicopter, but Donald Trump on Saturday renewed his reputation for defying norms and creating a mega-celebrity spectacle at the Iowa State Fair. Ron DeSantis, Trump's main rival with more than five months until Iowa's leadoff caucuses and who was on the fairgrounds at the same time. Cheers of "Trump, Trump, Trump," erupted at the three stops the former president made — in a blue suit, but this time in an open-collared shirt — trudging shoulder-to-shoulder crowds, waving a porkchop on a stick, a rite of its own. Though so much of Trump's stop was out of the ordinary, at the pork tent, he bowed to state fair protocol.

Persons: Donald Trump, Trump, Ron DeSantis, Steer, Stein, Matt Gaetz, Biden, DeSantis, Kim Reynolds, Casey, outshine DeSantis, Reynolds, Ashley Hinson Organizations: Fair, Trump, Iowa Pork Producers, Florida Gov, Iowa Republican, Florida U.S, House, Iowa Republicans, U.S, Capitol, New, Boeing, GOP Locations: Iowa, Des Moines , Iowa, U.S, Des Moines, Florida, New York, Trump

☆ Trump's GOP allies vent about Hunter Biden after latest special counsel indictment
▼ + stars: | 2023-08-02 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +6 min

Special counsel Jack Smith's second indictment against Trump alleges he unlawfully tried to overturn his election loss to President Joe Biden in the 2020 election. One day earlier, a former business partner of Hunter Biden testified that the younger Biden put his father on the phone during business meetings about 20 times, according to U.S. House members. Numerous GOP lawmakers and other supporters of Trump were quick to link the timing of Archer's testimony to Smith's indictment. White House spokesman Ian Sams posted that Archer "appears to have actually testified that President Biden wasn't involved and didn't discuss their business dealings. As they did following his first federal indictment in June, Trump's defenders attacked Smith and questioned his credibility.

Persons: Kevin McCarthy, Giorgia Meloni, Donald Trump's, Biden, Jack Smith's, Trump, Joe Biden, Hunter Biden, Devon Archer, Dan Goldman, niceties, Hunter, Goldman, " McCarthy, Steve Scalise, Elise Stefanik, Joe Biden's, White, Ian Sams, Archer, Biden wasn't, didn't, Republicans –, –, Hunter Biden's, Trump's, Smith, Jack Smith, Marjorie Taylor Greene, Byron Donalds, General Merrick Garland, Donald Trump Organizations: Republican, Italian, House, GOP, Department, Justice Department, New York, Republicans, Department of Injustice, Trump, Washington , D.C, DOJ Locations: California, Washington ,, United States, U.S, America, New, Washington, Manhattan

☆ 'Under no circumstances': John Kerry rules out U.S. paying climate reparations to low-income countries
▼ + stars: | 2023-07-14 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

U.S. climate envoy John Kerry ruled out paying into a global fund to help poorer nations stricken by the devastating impacts of the climate emergency, saying that "under no circumstances" would the White House consider delivering on reparations. It comes at a time when countries acutely vulnerable to climate-fueled disasters are pushing for wealthy nations — that have the greatest historic responsibility for the climate crisis — to pay for past greenhouse gas emissions. It remains unclear, however, exactly how much richer countries will pay into the fund. Climate reparations is a highly divisive and emotive issue that is seen as a fundamental question of climate justice. Asked during a hearing before a House of Representatives foreign affairs oversight subcommittee on Thursday whether he intended for the U.S. to pay climate reparations, Kerry replied, "No, under no circumstances."

Persons: John Kerry, Kerry, Brian Mast

☆ DeSantis donors privately worry about campaign as Florida governor lags in 2024 polls
▼ + stars: | 2023-07-12 | by ( Brian Schwartz | ) www.cnbc.com time to read: +5 min

Presidential candidate and Florida Governor Ron DeSantis waves to a crowd at a campaign event on June 2, 2023 in Gilbert, South Carolina. "He has a tremendous record as governor of Florida, and our country would be well-served by him as president," Griffin said then. Braman's company, Braman Motors, contributed $100,000 to the state-based DeSantis PAC, as well, according to the records. Andrew Romeo, a spokesman for the DeSantis campaign, did not deny any element of this story. "You could wallpaper the governor's residence with the amount of premature political obituaries written about Ron DeSantis.

Persons: Ron DeSantis, Donald Trump, Murdoch, Rupert Murdoch, They're, Trump, DeSantis, Ken Griffin, Mike Pence, Nikki Haley, Chris Christie, Sen, Tim Scott of, Nothing's, Zia Ahmed, Griffin, Semafor, Norman Braman, Clive Fields, Robert Bigelow, Braman, Marco Rubio, Fields, Griffin's, Andrew Romeo, Joe Biden, Romeo Organizations: Florida, Florida Gov, Fox Corp, News Corp, Trump, Citadel, GOP, South Carolina Gov, New, New Jersey Gov, Politico, New York Times, Republican, Philadelphia Eagles, Braman Motors, PAC, CNBC Locations: Gilbert , South Carolina, Florida, New Jersey, Tim Scott of South Carolina

☆ The Inform Act takes effect today — here's how it aims to target organized retail theft
▼ + stars: | 2023-06-27 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

The Inform Consumers Act, a new law that aims to curb organized retail theft and the sale of counterfeit and harmful products on online platforms, takes effect Tuesday as more retailers blame theft as a reason for lower profits. They claim organized crime groups steal merchandise from stores and then resell it on online marketplaces, typically at a lower amount than the sticker price. Many experts say organized retail theft has grown alongside the rise of online shopping, which boomed during the Covid pandemic and became the primary way consumers shopped. In the first quarter of 2023, e-commerce in the U.S. accounted for 15.1% of total retail sales, and reached $272.6 billion, a 7.8% jump from the year-ago period. "Under INFORM, online marketplaces can no longer turn a blind eye to criminal actors using their platforms to sell stolen and counterfeit goods.

Persons: Jan Schakowsky, Gus Bilirakis, They've, it's, Lisa LaBruno Organizations: eBay, Reps, Federal Trade Commission, Retail Industry, Association, CNBC, FTC Locations: U.S

☆ Inside China's spy war on American corporations
▼ + stars: | 2023-06-21 | by ( Eamon Javers | ) www.cnbc.com time to read: +6 min

Top intelligence and law enforcement officials in Washington are issuing a stark warning to American companies: The Chinese government wants to replace you. Asked whether the Chinese government wants to compete with or eliminate American companies, FBI Director Christopher Wray told CNBC: "Well, their definition of competing, I think, involves embracing the idea of eliminating." The paid-in foreign investment reached 127.69 billion yuan, up 14.5% year on year. Foreign companies including US investors have been upbeat about the China market and plan to expand in China. Former GE engineer David Zheng and GE Aerospace also declined to comment.

Persons: Christopher Wray, Sen, Marco Rubio, Rubio, Mark Warner, …, Warner, Xu Yanjun, Xu, James Olson, Xu Yanjun's, David Zheng, – CNBC's Katherine Liu, Bria Cousins, Laura Measher, Wally Griffith Organizations: CNBC, American, Democrat, World Trade, Ministry of State Security, GE, Boeing, Honeywell, GE Aviation, FBI, CIA, American Chamber of Commerce, Business Environment, US Department of Commerce, GE Aerospace Locations: Washington, America, U.S, China, Nanjing, Cincinnati, South China, reinvest

☆ House lawmakers introduce bipartisan bill requiring total disclosure of ticketing fees
▼ + stars: | 2023-06-08 | by ( Chelsey Cox | ) www.cnbc.com time to read: +3 min

WASHINGTON — Lawmakers introduced a new bill on Thursday targeting ticketing fee disclosures in an effort to increase transparency in the entertainment industry. The "Transparency in Charges for Key Events Ticketing Act,'' or TICKET Act, is modeled after current advertising guidelines for airline tickets, which require disclosing the full ticket price before purchase. With every ticketing debacle, from Beyoncé to Taylor Swift, and so many more, their frustration grows," Schakowsky said in a statement. The House bill mirrors the Senate measure in mandating ticket vendors to display the total price of a ticket, including all required fees, in any advertisement or piece of marketing. Bilirakis said the bill will bring "much-needed transparency to the whole ticketing industry."

Persons: Jan Schakowsky, Gus Bilirakis, Taylor Swift, Schakowsky, Sens, Ted Cruz, Maria Cantwell, Biden, Cantwell, Bilirakis, Taylor Organizations: WASHINGTON — Lawmakers, Senate, New York, Office, Ticketmaster Locations: Beyoncé, Texas

☆ ‘Trump too small’ trademark clash to be decided by Supreme Court
▼ + stars: | 2023-06-05 | by ( Lawrence Hurley | ) www.cnbc.com time to read: +3 min

A crude joke that Sen. Marco Rubio, R-Fla., used to mock what he said was then-2016 presidential candidate Donald Trump's "small hands" will be the centerpiece of a Supreme Court ruling on whether a California lawyer can trademark the phrase "Trump too small." The "Trump too small" phrase is a reference to a 2016 Republican presidential primary debate featuring both Trump and Rubio. Rubio joked about Trump having small hands, adding: "And you know what they say about guys with small hands." In a February 2022 ruling, the U.S. Court of Appeals for the Federal Circuit ruled against the trademark office, saying the denial violated Elster's free speech rights under the Constitution's First Amendment. The Supreme Court in recent years has endorsed free speech rights in the trademark context, suggesting Elster could have a chance of prevailing in the case.

Persons: Marco Rubio, Donald Trump, Sen, Donald Trump's, Trump, Steve Elster, Elster, Rubio, Elizabeth Prelogar Organizations: U.S, Republican, U.S . Patent, Trump, U.S ., Appeals, Federal Circuit Locations: Detroit , Michigan, California

☆ Members of Gen Z were born between 1997 and 2012. Here are 7 events that have defined their lives so far.
▼ + stars: | 2023-05-31 | by ( Elana Klein | ) www.businessinsider.com time to read: +7 min

Here are some of the generation-defining events that have had a profound effect on Gen Z. As Business Insider previously reported, Gen Z was established as a generation in 2019 by the Pew Research Center, which defines generations — such as Gen Z, Millennials, and Baby Boomers — to understand how perspectives and views change, rather than to create strict categories that define people. Here are some cultural events that have shaped the attitudes and tendencies of members of Gen Z. The recession of 2008 showed Gen Z 'the fragility inherent in the system'Members of Gen Z were children, or babies, during the Great Recession, so it hung over their formative years. Instead of looking ahead to a world of opportunities, Gen Z now peers into an uncertain future," the report continued.

Persons: Gen Z, —, Gen, Jean Guerrero, Zers, Aaron Klein, Chelsea Guglielmino, Marjory Stoneman, Donald Trump, Mark Makela, Guerrero, Olivia Julianna, Matt Gaetz, Z, George Floyd The, George Floyd —, Gen Z's, Sara Fischer, Axios Organizations: Service, Pew Research Center, Los Angeles Times, USA, Pew Research, Brookings Institution, Morning, Chelsea, Columbine High School, Washington Post, New York Times, Marjory Stoneman Douglas High School, LA Times, Trump, trolled, Social Locations: New York, —, Washington, lockdowns, Parkland , Florida, Texas, Minneapolis

Florida Governor Ron DeSantis speaks at a press conference at the American Police Hall of Fame & Museum in Titusville. The group has raised more than $225 million for DeSantis and currently boasts nearly $86 million in cash on hand. Friends of Ron DeSantis could soon try to transfer a moneybag roughly 800 times the size of Donalds'. The state committee, Friends of Ron DeSantis, appears to be positioning itself for the transfer. Friends of Ron DeSantis is allowed to accept unlimited contributions from donors, and it shows.

☆ Lawmakers press companies that collect U.S. consumer data to reveal how they buy and sell it
▼ + stars: | 2023-05-10 | by ( Lauren Feiner | ) www.cnbc.com time to read: +3 min

In the letters, 10 lawmakers asked the companies for detailed responses on the types of sensitive information they gather, such as health, location and phone data, including apps consumers download to their devices. The companies were also asked what information they collect on minors. Last month, the subcommittee on oversight and investigations held a hearing with expert witnesses to examine "the role of data brokers in the digital economy." In that report, the regulator recommended that Congress force brokers to give consumers greater control over their data, but the "data brokers can easily circumvent existing rules and laws," the letter said. Here's the full list of data brokers who received the letter::AcxiomAtDataBabel StreetCoreLogic SolutionsEpsilon Data ManagementEquifaxExperianGravy AnalyticsInteliusKochavaLiveRampMylifeOracle AmericaPeopleConnectPlacer.aiRELXSafegraphSpokeoThomson ReutersTransUnionVerisk AnalyticsWhitepagesSubscribe to CNBC on YouTube.

☆ Here’s what the SEC will require under its strict new stock buyback disclosure rules
▼ + stars: | 2023-05-05 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +5 min

The new disclosure rules will begin to apply when U.S. corporations report earnings for the fourth quarter of 2023, and to foreign issuers on a slightly longer timeline. The new rules "will increase the transparency and integrity" of corporate stock repurchasing overall, and allow investors "to better assess issuer buyback programs," SEC Chairman Gary Gensler said in a statement about the updated disclosures. The changes approved Wednesday represent a softening of the SEC's initial proposed disclosure rules, which would have required public companies to report trades by corporate insiders on a daily basis. Public interest groups, many of which have become increasingly critical of widespread corporate buybacks, applauded the new rules. On Capitol Hill, bipartisan support for stricter buyback disclosure rules has been apparent since the start of the SEC's rulemaking process, more than a year ago.

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