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☆ Bipartisan Senate bill would push ticket sellers to disclose fees upfront
▼ + stars: | 2023-04-26 | by ( Chelsey Cox | ) www.cnbc.com time to read: +4 min

You also have the option of purchasing live tickets that can be printed directly from your computer or wireless device. WASHINGTON — Swifties, the BeyHive and Cure fans may have a reason to rejoice: Senators on Wednesday are set to introduce a bipartisan bill targeting hidden ticket fees for live events. Dubbed the Transparency in Charges for Key Events Ticketing (TICKET) Act, the measure would require ticketing merchants to disclose upfront full ticket prices, including fees, for concerts, sporting events and other large gatherings. Ticket fees can comprise 21% to as much as 58% of the total cost of tickets, according to a statement from the committee. The bill aims to promote competition "by delivering ticket fee and speculative ticket transparency for the benefit of all consumers," the committee said.

☆ Chamber of Commerce gets nearly half its funding from those who give at least $1 million
▼ + stars: | 2023-04-26 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

The U.S. Chamber of Commerce pitches itself as representing the interests of millions of businesses of all shapes and sizes. The chamber, according to the study, brought in 18 contributions from those who donated anywhere from $2 million to over $4 million. The report says that the group raised around $54 million from those big-money contributors alone. And like America, the vast majority of our members — 90% — are small businesses and state and local chambers of commerce." By all measures, our impact for them is substantial and small businesses are strongly engaged with the Chamber."

☆ Telling Dianne Feinstein to resign is sexist and 'unprecedented,' women Democratic senators say
▼ + stars: | 2023-04-19 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +7 min

But Democratic women in the Senate say gender is playing a role in how her absence is being handled. But women Democratic senators told Insider at the Capitol on Wednesday that they believe sexism is at play and that the chamber's longest-serving Democrat is being held to an unfair standard because she is a woman. More recently, Democratic Sen. John Fetterman of Pennsylvania was recently absent from the chamber for six weeks as he sought treatment for clinical depression. "I think it's important for Senator Feinstein to do what is what is best for her," said Democratic Sen. Jeanne Shaheen of New Hampshire. "I just believe that it's not somebody else's assessment to make; it's her assessment to make," said Democratic Sen. Tammy Baldwin of Wisconsin.

☆ Watch CNBC's full interview with U.S. Chamber of Commerce CEO Suzanne Clark
▼ + stars: | 2023-04-17 | 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 EmailWatch CNBC's full interview with U.S. Chamber of Commerce CEO Suzanne ClarkSuzanne Clark, U.S. Chamber of Commerce president and CEO, joins 'Squawk on the Street' to discuss the Chamber's letter to the SEC about regulation and public policy risk, the immigrant labor force, and more.

☆ SEC regulation needs additional cost-benefit analysis: U.S. Chamber of Commerce CEO Suzanne Clark
▼ + stars: | 2023-04-17 | 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 EmailSEC regulation needs additional cost-benefit analysis: U.S. Chamber of Commerce CEO Suzanne ClarkSuzanne Clark, U.S. Chamber of Commerce president and CEO, joins 'Squawk on the Street' to discuss the Chamber's letter to the SEC about regulation and public policy risk, the immigrant labor force, and more.

☆ Banknote printer De La Rue's chairman steps down
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +1 min

April 14 (Reuters) - British banknote printer De La Rue Plc (DLAR.L) said on Friday chairman Kevin Loosemore has resigned from his role and will leave office on May 1. Loosemore's resignation comes weeks after its third-largest shareholder Crystal Amber Fund Limited (CRSL.L) had called for a general meeting to oust the company's chairman. Crystal Amber has nominated Pepyn Dinandt as a candidate. Earlier this week, De La Rue, which designs paper and polymer banknotes for government and central banks across the world, warned on its 2023 profits as demand for cash hit its lowest in over two decades. Crystal Amber was concerned that going concern doubts, which were raised by the company in November, could hurt De La Rue's ability to win new contracts and retail existing ones.

☆ Tennessee Republicans expelled two Democratic legislators who protested with anti-gun activists in the House
▼ + stars: | 2023-04-06 | by ( Madison Hall | Azmi Haroun | ) www.businessinsider.com time to read: +4 min

Republicans in the Tennessee legislature just expelled a member for leading a gun reform protest in the House of Chambers. The Tennessee House of Representatives voted 75-25 on Thursday to expel state Rep. Justin Jones. The Tennessee House voted 75-25 on Thursday to expel Jones, with Rep. Justin Pearson also expelled after a 69-26 vote, according to CNN. Only two members of the Tennessee House have been expelled over the last 157 years. President Joe Biden addressed the Tennessee House leadership's focus on expelling the three, calling the move, "undemocratic."

☆ A Tennessee legislator facing expulsion from the House for protesting gun violence during a session says other lawmakers have done much worse and weren't immediately punished
▼ + stars: | 2023-04-04 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +7 min

One of the lawmakers facing expulsion told Insider that past legislators in the Tennessee House have done much worse than what they did but were not immediately punished for their actions. "It's unprecedented because we have had disruptions bigger than that where no one was even reprimanded," Rep. Gloria Johnson told Insider Tuesday. "I knew we were breaking a House rule, and I know there is a consequence for breaking a House rule," Johnson told Insider. Rep. Justin Pearson, Rep. Justin Jones, Rep. Gloria Johnson People hold their hands up as they exit the House Chamber doors at the Tennessee State Capitol Building, in Nashville, Tennessee, U.S. April 3, 2023. "I want to stop the guns before they ever get to the schoolhouse doors," Johnson told Insider.

☆ US House Republicans face unity test with major energy bill
▼ + stars: | 2023-03-30 | by ( David Morgan | ) www.reuters.com time to read: +4 min

WASHINGTON, March 30 (Reuters) - The Republican-controlled U.S. House of Representatives is expected to vote on its first major legislation of the year on Thursday, a partisan energy bill that poses an early test of unity for House Speaker Kevin McCarthy's majority. The 175-page measure, dubbed the Lower Energy Costs Act, represents a top 2022 Republican campaign pledge to lower Americans' energy costs by scaling back Democratic President Joe Biden's climate policies and increasing oil and gas production through deregulation. 1 - House Resolution One, is the most important bill to this Congress," Republican Representative August Pfluger of Texas told reporters. Both Republicans and Democrats are keen to pass legislation that streamlines permitting for energy projects, but the disagreement over the House bill reflects gaping divisions over how to do that. "It does absolutely nothing to lower energy costs for American families.

☆ Bernie Sanders set to grill ex-Starbucks CEO Howard Schultz about alleged union busting
▼ + stars: | 2023-03-29 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

CEO of Starbucks Howard Schultz sits off stage to listen to soon to be Starbucks CEO Laxman Narasimhan at Investor Day in Seattle, Washington Tuesday September 13, 2022. Former Starbucks CEO Howard Schultz on Wednesday is likely to face tough questions from Sen. Bernie Sanders about the coffee chain's alleged union busting. Schultz stepped down from his post on March 20, handing the reins over to Laxman Narasimhan, who spent the prior six months learning about the company. After Sanders called for a vote on whether to subpoena Schultz, the former chief executive agreed to appear in front of the panel. Starbucks confirmed with the committee that Schultz, who stepped down from the top job earlier than expected, still plans to testify at the hearing, set for 10 a.m.

☆ Josh Hawley splits Senate GOP over 'duplicative' idea to create a new office tracking US aid to Ukraine
▼ + stars: | 2023-03-28 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

The Senate rejected a bill from Josh Hawley to establish a new office to oversee Ukraine aid. Many Republicans said they were confident in the Biden administration's aid tracking efforts. "We already have a very extensive operation to oversee spending in Ukraine," said Sen. Mitt Romney of Utah. Hawley's bill did win over at least one Republican who's a vocal supporter of aiding Ukraine: Sen. Lindsey Graham of South Carolina. The underlying AUMF repeal bill, which is backed by a large bipartisan majority of senators and has been endorsed by the White House, is expected to pass the Senate on Wednesday.

☆ U.S. Senate Democrat Durbin tests positive for COVID, will quarantine
▼ + stars: | 2023-03-19 | by ( ) www.reuters.com time to read: +1 min

2 Democrat, said on Sunday that he will quarantine after testing positive for COVID-19, adding to a number of lawmakers from both parties who have been absent from the Senate. "Thankfully, I am fully vaccinated and boosted and only experiencing minor symptoms," Durbin said in a tweet. The Illinois Democrat said he would follow Center for Disease Control and Prevention guidelines, which call for five days of quarantine for those who test positive. Two other Democrats, Senators Dianne Feinstein and John Fetterman, have been absent from the Senate for health reasons. Senate Republican leader Mitch McConnell entered a rehabilitation facility last week after fracturing a rib in a fall earlier this month.

☆ Top US Senate Democrat Schumer wants legislative response to banking ills
▼ + stars: | 2023-03-15 | by ( Moira Warburton | ) www.reuters.com time to read: +3 min

"We need strong legislation and hopefully we can put something together that's bipartisan," Schumer told reporters following a closed policy lunch with his fellow Democrats. Calls for increased oversight of the U.S. banking industry grew as fallout from Friday's collapse of Silicon Valley Bank (SVB) widened. Senate Banking Committee Chairman Sherrod Brown, however, downplayed the likelihood of Congress passing a "significant" banking bill anytime soon. Republicans hold a narrow majority in the House of Representatives and Democrats do not control enough votes in the Senate to advance legislation without Republican cooperation. Reporting by Moira Warburton and Richard Cowan in Washington; Editing by Mark Porter and Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

☆ Brawl erupts in Georgia parliament over 'Russian-inspired' foreign agent law
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +2 min

[1/3] People take part in a protest against the controversial "foreign agents" bill outside the parliament building in Tbilisi, Georgia March 6, 2023. Critics have compared it to a 2012 Russian law, which has been steadily expanded since then and used to crack down on Russian civil society and independent media. "The Russian legislation that now is proposed in parliament is against Georgia's national interests, against our European aspirations," said Irakli Pavlenishvili, a civil rights activist and opposition politician. However, Givi Mikanadze, a Georgian Dream lawmaker, told national television: "Georgian society absolutely deserves to know which organisations are being financed, from which sources. Last month, more than 60 civil society organisations and media outlets said they would not comply with the new "foreign agent" legislation if it becomes law.

☆ US House Republicans target ESG investments in latest culture war salvo
▼ + stars: | 2023-02-28 | by ( David Morgan | ) www.reuters.com time to read: +3 min

The measure is the latest salvo in the Republican culture war against the use of issues that promote environmental interests, social equality and corporate responsibility in business and investment decisions. "Retirement plans should be solely focused on delivering maximum returns, not advancing a political agenda," said Republican Representative Andy Barr, who introduced the House resolution. "If Congress doesn't block the Department of Labor's rule greenlighting ESG investing in retirement plans, retirees will suffer diminished returns on the investment of their hard-earned money." The measure is widely expected to pass the House, where Republicans hold a slim 222-212 seat majority. Two Democratic absences could give Republicans the simple majority necessary to pass the measure and send it to Biden's desk.

☆ Top Senate Democrats press Chamber of Commerce on threat to sue FTC over noncompete clause ban
▼ + stars: | 2023-02-28 | by ( Chelsey Cox | ) www.cnbc.com time to read: +4 min

Signage is seen on the Chamber Of Commerce Building in the Manhattan borough of New York City, New York, U.S., April 21, 2021. WASHINGTON — Two top Senate Democrats on Tuesday will press the largest U.S. business advocacy organization on its threat to sue the Federal Trade Commission over a plan to ban noncompete clauses. Elizabeth Warren, D-Mass., and Sheldon Whitehouse, D-R.I., are requesting detailed information from the U.S. Chamber of Commerce about its plan to sue the FTC to halt the proposal. The new rule that would bar employers from imposing noncompete clauses could increase workers' wages by $300 billion a year, according to the FTC. A ban in Oregon helped raise wages for lower wage workers by 2% to 3%, according to a 2021 study.

☆ 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.

☆ Trailblazing former UK House of Commons Speaker Betty Boothroyd dies
▼ + stars: | 2023-02-27 | by ( William James | ) www.reuters.com time to read: +3 min

[1/2] FILE PHOTO-British Speaker of the House of Commons Betty Boothroyd looks on during her visit to State Duma lower house of parliament October 14. LONDON, Feb 27 (Reuters) - Betty Boothroyd, the trailblazing first female Speaker in Britain's House of Commons, has died aged 93, drawing tributes from across parliament for her distinctive, firm-but-fair style honed over a five-decade political career. She remains the only woman to serve as Speaker in the House of Commons. After retiring from the House of Commons in 2000, she was made a member of parliament's House of Lords upper chamber where she continued to contribute to political debate into her nineties. Tributes to Boothroyd poured in from across the political divide, hailing her formidable parliamentary presence and her personal warmth.

☆ Your work's favorite happy hour spot wants you to come back to the office. Here's how remote work is costing big-city restaurants and bars billions.
▼ + stars: | 2023-02-24 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +2 min

Restaurants and bars in big cities are reducing hours and closing as remote work cuts in on weekday traffic, CNBC reported. The problem extends to smaller cities as well, like Baton Rouge. Hybrid and remote work is costing big cities billions in lost revenue, and restaurants and bars are bearing much of the brunt. Restaurants in Baton Rouge are offering customers deals like $15 three-course, dine-in lunches, WAFB reported. "It will have pros and cons," Jake Polansky, Baton Rouge Area Chamber's economic and policy researcher, told WAFB.

"I suggested, instead of making threats about the debt ceiling, which would be catastrophic, let's just lay out our budgets," Biden said. "Here's the bottom line: I'm simply not going to let the nation default on its debt for the first time in history," he added. The White House is due to release its budget on March 9. Congress raised the debt ceiling three times during Republican Donald Trump's four years in the White House, but it has often imposed conditions on the increase. The White House has said Biden will discuss federal spending cuts with Republicans, but only after the debt ceiling is lifted, while McCarthy has said Republicans will only lift the ceiling if Biden agrees to spending cuts.

☆ Biden played the State of the Union perfectly, but the raucous GOP proved he's dealing with a whole new kind of opposition
▼ + stars: | 2023-02-08 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Tuesday's State of the Union address was an at times raucous affair. Tuesday night showed that this is no longer your father's State of the Union address. Parts of Biden's second State of the Union resembled the United Kingdom's raucous "Prime Minister's Questions" sessions that C-SPAN nerds delight in. The State of the Union is not supposed to resemble the real-time grilling of a world leader though. To be clear, opposition party members have long trolled the president during the State of the Union.

Embattled Rep. George Santos grabbed a premier center aisle seat ahead of President Joe Biden's State of the Union Address. Seated beside Republican Rep. Thomas Massie of Kentucky, Santos soon discovered that not everyone — including some Republicans — was interested in seeing him. Santos sat just in front of Republican Rep. Tim Burchett of Tennessee and behind Rep. Trent Kelly of Mississippi. Seats are reserved for senators as a group in the front of the chamber and House members sit behind them. House members can claim preferred spots during the day but they have to camp out there to reserve them for the entirety of the speech.

☆ McCarthy, Scalise go to war with U.S. Chamber after group backed some Democrats in 2020 and 2022 elections
▼ + stars: | 2023-02-06 | by ( Brian Schwartz | ) www.cnbc.com time to read: +6 min

McCarthy's refusal to meet with the Chamber is the latest strike in an ongoing feud between some House Republican members and the Chamber of Commerce. Tim Doyle, a spokesman for the Chamber of Commerce, told CNBC in a statement that the group's policies are more in line with House Republicans than Democrats. Representatives for House Majority Whip Tom Emmer, R-Minn., House Republican Conference Chair Rep. Elise Stefanik, R-N.Y., and Rep. Gary Palmer, R-Ala., did not return requests for comment. McCarthy's ire against the Chamber started after the group endorsed 23 House Democrats in the 2020 election cycle when Republicans failed to regain the majority. The Chamber reportedly endorsed 23 House Republican candidates and four Democrats during the 2022 election fight.

WASHINGTON — Rep. Marjorie Taylor Greene, R-Ga., is angling to be Donald Trump's running mate in 2024, according to two people who have spoken to the firebrand second-term congresswoman about her ambitions. "She sees herself on the short list for Trump's VP. A second source who has advised Greene said her "whole vision is to be vice president." The source, who has ties to Trump but spoke on the condition of anonymity to describe private conversations, said he also believes Greene would be on Trump's short list. McCarthy stood by Greene at the time, facilitating the development of a political alliance.

☆ House GOP's 'all-star' oversight panel features 13 election deniers, 10 impeach-Biden-world advocates, and 3 congressional subpoena dodgers
▼ + stars: | 2023-01-19 | by ( Warren Rojas | ) www.businessinsider.com time to read: +5 min

House Republican leaders have stocked the oversight panel with partisan bomb-throwers. Many of the new panelists voted to overturn the 2020 election and defied Jan. 6 investigators. Retired Democratic Rep. Carolyn Maloney, who chaired the House Oversight Committee last session, asserted that this new cast of characters were getting into it for the wrong reasons. "The personal vendettas these committees pursue are not a legitimate use of the oversight power. "These are basically the people who own Kevin McCarthy at this point," Bardella told Insider at the Facts First event.

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