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Oil prices climb as investor risk appetite grows
  + stars: | 2023-10-02 | by ( ) www.cnbc.com   time to read: +2 min
Oil rig and pump of H&P Rig 488 in Stanton, Texas, on June 8, 2023. Oil prices climbed on Monday, reversing some of Friday's losses, as investors focused on a tight global supply outlook and a last-minute deal that avoided a U.S. government shutdown restored their risk appetite. Brent December crude futures rose 18 cents, or 0.2%, to $92.38 a barrel by 0037 GMT after falling 90 cents on Friday. Brent November futures settled down 7 cents at $95.31 a barrel at the contract's expiry on Friday. U.S. West Texas Intermediate crude futures gained 23 cents, or 0.3%, to $91.02 a barrel, after losing 92 cents on Friday.
Persons: Brent, Hiroyuki Kikukawa, Kevin McCarthy, Baker Hughes Organizations: . West Texas, of, Petroleum, NS, Nissan Securities, Republican, Reuters Locations: Stanton , Texas, U.S, Saudi Arabia, Russia, OPEC
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. Other megacap stocks including Apple (AAPL.O), Meta Platforms (META.O), Amazon.com (AMZN.O), Alphabet (GOOGL.O) and Microsoft (MSFT.O) advanced between 0.9% and 1.9%. Eight of the eleven S&P sub sectors were down, with the utilities index (.SPLRCU), often considered as a bond proxy, declining 4.9%. Declining issues outnumbered advancers for a 4.02-to-1 ratio on the NYSE and for a 2.27-to-1 ratio on the Nasdaq. The S&P index recorded two new 52-week highs and 48 new lows, while the Nasdaq recorded 19 new highs and 211 new lows.
Persons: Brendan McDermid, Tesla, Goldman Sachs, Jerome Powell, Michelle Bowman, Loretta Mester, Stocks, Paul Ashworth, Kevin McCarthy, advancers, Shubham Batra, Shashwat Chauhan, Vinay Dwivedi, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Federal Reserve, Nvidia, Apple, Microsoft, Cleveland Fed, North, Capital Economics, Democratic, Republican, Dow Jones, NYSE, Thomson Locations: New York City, U.S, North America, Bengaluru
WASHINGTON (Reuters) - The U.S. narrowly dodged its fourth partial government shutdown in a decade on Sunday, but the past week exposed the depths of political dysfunction in Washington and particularly within the splintered House Republican caucus. “The dysfunction caucus at work,” Republican Representative Don Bacon told reporters earlier this month, after hardliners blocked consideration of a defense appropriations bill that finally passed on Thursday. He’s a charlatan,” Representative Mike Lawler, a centrist Republican from New York, said of Gaetz after the failed Republican stopgap vote. There are a lot of personalities at play here, and multiple strategic objectives,” Republican Representative Kat Cammack told reporters. “There’s this sort of strange woulda-coulda-shoulda -- appropriations should have just moved faster,” said Republican Representative Dan Crenshaw.
Persons: Ken Cedeno, Kevin McCarthy, Donald Trump, , Sarah Binder, McCarthy, Trump, Joe Biden, Biden, Trump’s, Moody’s, Earl Blumenauer, , Don Bacon, Monica De La, Matt Gaetz, “ He’s, He’s, Mike Lawler, Gaetz, , Kat Cammack, Chuck Schumer, Rosa DeLauro, Dan Crenshaw Organizations: WASHINGTON, U.S, Republican, Capitol, REUTERS, Brookings Institution, Democratic, Senate, Aaa, ” Democratic, Republicans, Biden, Republican Party, Reuters, Trump Locations: Washington, Washington , U.S, House, United States, Monica De La Cruz of Texas, New York
The Republican-controlled House of Representatives voted 335-91 to adopt a 45-day stopgap measure hours before funding for federal agencies was set to expire. Republican Representative Andy Biggs, a leading hardliner, asked on the social platform X, formerly known as Twitter. Republican Representative Matt Gaetz, who has openly threatened such action, made clear what it would take days before the Saturday vote. Republican Representative Brian Fitzpatrick, who co-chairs the bipartisan Problem Solvers' Caucus, said bipartisanship itself would be the real issue in any vote on McCarthy's future. Some Democrats have suggested they could support McCarthy if an ouster attempt occurred at a turbulent time.
Persons: U.S . House Republican Kevin McCarthy, Joe Biden, Andy Biggs, McCarthy, Biggs, party's, Chuck Schumer, Nancy Pelosi, Kevin McCarthy, Ken Cedeno, Pelosi, Schumer, Bob Good, Matt Gaetz, Joe Biden's, Brian Fitzpatrick, bipartisanship, Fitzpatrick, Hakeem Jeffries, Jim McGovern, I'm, David Morgan, Scott Malone, Daniel Wallis 私 Organizations: U.S . House Republican, Republicans, Republican, Democratic, Twitter, Democrats, Biden, U.S, Capitol, REUTERS, Florida Republican, Voice Locations: Washington, Washington , U.S
Rep. Bowman pulled fire alarm as Democrats tried to delay vote
  + stars: | 2023-10-01 | by ( ) www.reuters.com   time to read: +2 min
Police said they were investigating the incident, as is the House Administration Committee, a Republican-controlled congressional panel that overseas the House grounds. Bowman, in a statement, admitted to pulling the fire alarm, which he said he regretted, but disputed that he did so to delay the vote, as many Republicans asserted. The House was about to vote on a bipartisan bill to keep the government open for 45 days and avoid a shutdown. "I am embarrassed to admit that I activated the fire alarm, mistakenly thinking it would open the door. Some House Republicans called for Bowman to resign, though such a step appears unlikely, especially given that several members are facing arguably more serious legal and ethics-related issues.
Persons: Jamaal Bowman, Joe Biden, Kevin Lamarque, Bowman, Kevin McCarthy, Gram Slattery, Scott Malone Organizations: Rep, SUNY Westchester Community College, REUTERS, Rights, Democratic U.S, Capitol Police, Police, Administration, Republican, Democratic, Republicans, Thomson Locations: U.S, Valhalla , New York, New York City
Shutdown near-miss illustrates Washington dysfunction
  + stars: | 2023-10-01 | by ( David Morgan | ) www.reuters.com   time to read: +6 min
REUTERS/Ken Cedeno Acquire Licensing RightsWASHINGTON, Oct 1 (Reuters) - The U.S. narrowly dodged its fourth partial government shutdown in a decade on Sunday, but the past week exposed the depths of political dysfunction in Washington and particularly within the splintered House Republican caucus. "The dysfunction caucus at work," Republican Representative Don Bacon told reporters earlier this month, after hardliners blocked consideration of a defense appropriations bill that finally passed on Thursday. He's a charlatan," Representative Mike Lawler, a centrist Republican from New York, said of Gaetz after the failed Republican stopgap vote. There are a lot of personalities at play here, and multiple strategic objectives," Republican Representative Kat Cammack told reporters. "There's this sort of strange woulda-coulda-shoulda -- appropriations should have just moved faster," said Republican Representative Dan Crenshaw.
Persons: Ken Cedeno, Kevin McCarthy, Donald Trump, Sarah Binder, McCarthy, Trump, Joe Biden, Biden, Trump's, Moody's, Earl Blumenauer, Don Bacon, Monica De La, Matt Gaetz, He's, Mike Lawler, Gaetz, Kat Cammack, Chuck Schumer, Rosa DeLauro, Dan Crenshaw, David Morgan, Jason Lange, Moria, Carolina Mandl, Scott Malone, Daniel Wallis Organizations: U.S, Capitol, REUTERS, Rights, Republican, Brookings Institution, Democratic, Senate, Aaa, House Republicans, Biden, Republican Party, Reuters, Trump, Republicans, Thomson Locations: Washington , U.S, Washington, House, United States, Monica De La Cruz of Texas, New York, Moria Warburton
WASHINGTON (Reuters) -The U.S. Congress passed a stopgap funding bill late on Saturday with overwhelming Democratic support after Republican House Speaker Kevin McCarthy backed down from an earlier demand by his party’s hardliners for a partisan bill. That move marked a profound shift from earlier in the week, when a shutdown looked all but inevitable. Congress typically passes stopgap spending bills to buy more time to negotiate the detailed legislation that sets funding for federal programs. House Republicans are demanding a further $120 billion in cuts. “House Republicans tried to walk away from that deal by demanding drastic cuts that would have been devastating for millions of Americans.
Persons: Kevin McCarthy, Joe Biden, McCarthy, , , Chuck Schumer, Hakeem Jeffries, Donald Trump, Don Beyer, Republicans ’, Republican Mitch McConnell, Michael Bennett, Chris Van Hollen, ” McCarthy, , Biden, ” Biden Organizations: WASHINGTON, U.S, Congress, Democratic, Republican, National Parks, WIN, Extreme MAGA Republicans, Republicans, Ukraine, Senate, creditworthiness, Social Security, Locations: National, Ukraine
The Democratic-led Senate later approved the same bill with bipartisan support and sent it to President Joe Biden to sign into law. Republican Representative Andy Biggs, a leading hardliner, asked on the social platform X, formerly known as Twitter. Republican Representative Matt Gaetz, who has openly threatened such action, made clear what it would take days before the Saturday vote. If Kevin McCarthy uses Democrat votes in the House of Representatives to advance Joe Biden's spending priorities, he cannot remain as the Republican speaker," the Florida Republican told the far-right channel Real America's Voice on Wednesday. Some Democrats have suggested they could support McCarthy if an ouster attempt occurred at a turbulent time.
Persons: David Morgan WASHINGTON, U.S . House Republican Kevin McCarthy, Joe Biden, Andy Biggs, McCarthy, Biggs, party's, Chuck Schumer, Nancy Pelosi, Kevin McCarthy, Pelosi, Schumer, Bob Good, Matt Gaetz, Joe Biden's, Brian Fitzpatrick, bipartisanship, Fitzpatrick, Hakeem Jeffries, Jim McGovern, I'm, David Morgan, Scott Malone, Daniel Wallis Organizations: U.S . House Republican, Republicans, Republican, Democratic, Twitter, Democrats, Biden, Florida Republican, Voice Locations: Washington
Newt Gingrich recently told Politico of the difference between the '90s-era House GOP and today's slim majority. The ex-speaker said he could "afford to have five or six people be idiots" in the face of a shutdown. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementAfter the 1994 elections, House Republicans secured a 230-seat majority, and they won 226 seats after the 1996 elections. During the Clinton administration, Gingrich told Politico that he could "afford to have five or six people be idiots."
Persons: Newt Gingrich, Kevin McCarthy, , Dianne Feinstein, Kevin McCarthy of, shutdowns, Bill Clinton, Gingrich, Clinton, Darrell Issa of Organizations: Politico, GOP, Service, Senate, California, House, Republicans, Ukraine, Russia, Capitol Hill, Republican Locations: Kevin McCarthy of California, Georgia, Darrell Issa of California
That move marked a profound shift from earlier in the week, when a shutdown looked all but inevitable. "Democrats have said from the start that the only solution for avoiding a shutdown is bipartisanship, and we are glad Speaker McCarthy has finally heeded our message." Democratic Senator Michael Bennet held the bill up for several hours trying to negotiate a deal for further Ukraine aid. House Republicans are demanding a further $120 billion in cuts. "House Republicans tried to walk away from that deal by demanding drastic cuts that would have been devastating for millions of Americans.
Persons: Michael Bennet's, Kevin McCarthy, Joe Biden, McCarthy, Chuck Schumer, Hakeem Jeffries, Donald Trump, Don Beyer, , Republicans ’, Ken Cedeno, Republican Mitch McConnell, Michael Bennet, Chris Van Hollen, Biden, David Morgan, Makini Brice, Moira Warburton, Kanishka Singh, Andy Sullivan, Scott Malone, Andrea Ricci, William Mallard Organizations: U.S, Congress, Democratic, Republican, National Parks, WIN, MAGA Republicans, Republicans, REUTERS, Ukraine, Senate, creditworthiness, Social Security, Medicare, Thomson Locations: National, Ukraine
That bill would have cut spending and imposed immigration and border security restrictions, Republican priorities that had little chance of passing the Democratic-majority Senate. "It's not the end yet; I've got other ideas," Republican House Speaker Kevin McCarthy told reporters following the defeat of a bill he had backed. Social Security payments themselves would continue. Lawmakers are not considering cuts to popular benefit programs such as Social Security and Medicare. Several hardliners have threatened to oust McCarthy from his leadership role if he passes a spending bill that requires any Democratic votes to pass, an outcome almost guaranteed given that any successful House bill must also pass the Senate, controlled by Democrats 51-49.
Persons: Kevin McCarthy, Jonathan Ernst, It's, I've, Joe Biden, Janet Yellen, creditworthiness, Biden, Mark Milley's, McCarthy, Hakeem Jeffries, Donald Trump, Biden's, Dan Crenshaw, Richard Neal, Moira Warburton, David Morgan, Scott Malone, Alistair Bell, Jonathan Oatis Organizations: Capitol, REUTERS, Rights, Republicans, U.S . House, Democratic, Republican, National Park Service, Securities and Exchange, Treasury, Social, Social Security, Democrats, Reuters, Thomson Locations: Washington , U.S, U.S, Mexico
Notably, Representatives Wesley Hunt of Texas and Ken Buck of Colorado came back to Washington at Mr. McCarthy’s request to vote in his favor for speaker. And Representative Marjorie Taylor Greene of Georgia aligned herself with Mr. McCarthy during the speaker fight and was ousted from the Freedom Caucus over the summer. With far-right members of his caucus in revolt over suspending the debt ceiling, Mr. McCarthy was forced to negotiate a deal with President Biden, further enraging the already volatile faction. In another blow to Mr. McCarthy, the bipartisan measure passed with more Democrats than Republicans. They did so to punish Mr. McCarthy for making a deal with Mr. Biden to suspend the debt limit.
Persons: Antagonized McCarthy, Biggs Bishop Boebert Buck Burchett, Gosar Greene Hunt Mace Miller Mills Mooney Moore, Kevin McCarthy’s stopgap, McCarthy’s, Biggs, Gosar Miller, Clyde Donalds Good Harris Luna Norman Perry Roy, Wesley Hunt, Ken Buck, Colorado, Marjorie Taylor Greene, McCarthy, Buck Burchett, Hunt Mace Miller Mills Mooney, Alford, Bost Brecheen Buchanan Cammack Carter Cline Clyde Collins DesJarlais Donalds Fallon Finstad Fischbach Fry Fulcher Gonzales Good Gooden Griffith, Hageman Harris Harshbarger Hern Higgins Jackson LaHood Lesko Luna Luttrell Mann Mast McCormick Moran Norman Palmer Perry Posey Rose Roy Santos, Strong Tiffany Timmons Van Drew Van Duyne, Weber, Biden, Greene, Troy Nehls, Lauren Boebert, Rosendale, Norman Roy Scalise, Mr Organizations: Republicans, House Republicans, Caucus, Mr, Freedom Caucus, Hageman Harris Harshbarger Hern Higgins Jackson LaHood Lesko Luna Luttrell Mann Mast McCormick Moran Norman Palmer Perry Posey Rose Roy Santos Sessions, Republican Locations: Rosendale, Wesley Hunt of Texas, Washington, Georgia, United States, Texas, Colorado
Underwood Archives/Getty Images Feinstein gets her makeup touched up for a photo shoot in San Francisco in 1955. Bettmann Archive/Getty Images Feinstein attends a campaign event for her mayoral run in San Francisco in 1971. Clem Albers/San Francisco Chronicle/Getty Images Feinstein attends a memorial service for assassinated Supervisor Harvey Milk in San Francisco in 1978. Roger Ressmeyer/CORBIS/VCG/Getty Images Feinstein speaks at the signing of an anti-gun bill at San Francisco City Hall in 1982. Douglas Graham/CQ Roll Call/Getty Images Feinstein greets first lady Hillary Clinton at the 2000 Democratic National Convention in Los Angeles.
Persons: Washington CNN — Dianne Feinstein, Feinstein, Gavin Newsom, Newsom, NBC’s “, , Feinstein’s, Ramsay Hunt, I’m, , ” Feinstein, Lindsey Graham, Amy Coney Barrett, Leah Millis, Nancy Pelosi, Democratic Sen, Dick Durbin, Kevin McCarthy, Chuck Schumer, “ Dianne Feinstein, ” Schumer, Sen, Dianne Feinstein, Joe Biden, Celeste Sloman, Dianne Emiel Goldman, George Moscone, Harvey Milk, Duke Downey, Clem Albers, Janet Fries, Quentin Kopp, Sal Veder, Richard Blum, Walter Mondale, Georges, Roger Ressmeyer, Steve Ringman, Tony Bennett, Jeff Reinking, Neal Ulevich, Bishop Desmond Tutu, Eric Risberg, Willie Brown, Cecil Williams, Dr, Martin Luther King Jr, Paul Sakuma, Kim Komenich, Mark Reinstein, Barbara Boxer, Alan Greth, Ruth Bader Ginsburg, Carol Moseley, Braun, Doug Mills, Charles Tasnadi, Kathleen Brown, Bill Clinton, Dirck Halstead, Lisa Leslie, Gigi Goshko, Douglas Graham, Hillary Clinton, Clinton, Paul J, Richards, Orrin Hatch, Patrick J, Leahy, William H, Pryor Jr, Scott J, Ferrell, Arnold Schwarzenegger, Schwarzenegger, Tim Sloan, Rick Friedman, Condoleezza Rice, George W, Bush, Colin Powell, Chuck Kennedy, John Roberts, Mark Wilson, Eileen Mariano, Mariano, interning, Tom Williams, Carson, Jay L, Barack Obama, Ralf, Finn Hestoft, Hina Rabbani Khar, Brendan Smialowski, Jacquelyn Martin, AP Sen, Chuck Grassley, Christine Blasey Ford, Brett M, Kavanaugh, Ford, Donald Trump, Chip Somodevilla, Barrett, Bonnie Cash, Graham, Samuel Corum, Jonathan Ernst, Simone Biles, Larry Nassar, Aly Raisman, Maggie Nichols, McKayla Maroney, Bob Dole, Oliver Contreras, Kent Nishimura, Kevin Dietsch, Dianne Feinstein's, Moscone, Milk, CNN’s Dana Bash, Dan White, ‘ Dan, , Harvey, California’s, Bash, Richard Blumenthal, Bill Clark, Annette Bening, Donald Trump’s, South Carolina Republican Lindsey Graham’s Organizations: Washington CNN, Senate, California Democratic, Democratic, Press, Democrats, Democratic Party, Capitol, Senate Intelligence, California Democrat, Capitol Hill, CNN, Golden State ”, Illinois, Republican, New York Times, Underwood Archives, Getty, San Francisco City Hall, San Francisco, of Supervisors, Bettmann, San Francisco Chronicle, San Francisco Ice Company, White, Steiner, Forbidden, Democratic National Convention, United States Senate, United, United States women's, team, Convention, Washington Post, Circuit, Images California, McClatchy, Tribune, Service, Supreme, California, Rancho, Pakistan's, AP, Committee, White House, Los Angeles Times, Stanford University, San, Supervisors, Administration Committee, federal, Inc, South Carolina Republican, Judiciary, Intelligence, Appropriations Locations: Washington, California, San Francisco, America, ” San Francisco, Washington , DC, DC, Forbidden City, Beijing, China, Feinstein , California, Los Angeles, United States, New York, AFP, Boston, Rancho Bernardo, San Diego, San Francisco , California, Maryland, San Francisco County, Richard Blumenthal of Connecticut
Chandan Khanna | Afp | Getty ImagesGeorgia's Republican Senate Caucus is suspending a GOP state senator who attacked them for opposing his plan to impeach Fulton County District Attorney Fani Willis for indicting former President Donald Trump. The caucus announced Thursday that it was indefinitely suspending state Sen. Colton Moore of Trenton, who represents a district in Georgia's northwest corner. Brian Kemp and many elected Republicans, on the one hand, and grassroots Trump backers who have captured control of Georgia's Republican Party organization. Willis has charged Trump and 18 others, including the former state Republican Party chair, with crimes related to the effort. After Republican state Sens.
Persons: Chandan Khanna, Fani Willis, Donald Trump, Sen, Colton Moore, Moore, Georgia RINOs, I'm, Brian Kemp, Kemp, Willis, Trump, Bo Hatchett, Shelly Echols Organizations: Atlanta Young Republicans, Republican, Afp, Getty, Caucus, GOP, Fulton, Georgia Senate's, Republicans, Trump, Gov, Republican Party Locations: Atlanta , Georgia, Fulton County, Trenton, Georgia's, Georgia, Sens
The United States is heading towards a partial government shutdown after Republican House Speaker Kevin McCarthy rejected a stopgap funding bill. Private Travis King is back in the United States after being expelled from North Korea. New weight-loss drugs including Wegovy are facing regulatory scrutiny over reports of suicidal thoughts. Plus, the Republican debate, Meta’s celebrity-inspired chatbots and a year in space. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices.
Persons: Kevin McCarthy, Travis King, Rubio Organizations: Apple, Google, Reuters, Republican, Thomson, Trump Meta, Facebook Locations: United States, North Korea, Texas, Kazakhstan
House Republicans are demanding another $120 billion in cuts, plus tougher legislation that would stop the flow of immigrants at the U.S. southern border with Mexico. McCarthy, for his part, suggested late on Tuesday that a shutdown could be avoided if Biden would negotiate on border issues. Most of Congress - including many Senate Republicans - has largely rejected House Republicans' attempts to make the situation at the border with Mexico the focus of the shutdown. The House is expected to vote on its own short term funding measure on Friday. However, it will likely include border measures that will not pass the Senate, meaning the risk of a shutdown remains high.
Persons: Jonathan Ernst, Kevin McCarthy, Joe Biden, McCarthy, Biden, let's, Donald Trump, MAGA, Chuck Schumer, brinkmanship, Mitch McConnell, Henry Cuellar, Moira Warburton, Jeff Mason, Heather Timmons, Grant McCool Organizations: U.S, Capitol, REUTERS, Rights, Democratic, Republican, House Republicans, Biden, Republicans, Social Security, Medicare, Wednesday, ., Aaa, Homeland Security, Thomson Locations: Washington , U.S, U.S, Mexico, San Francisco, Ukraine, Russia, Texas, Washington
CNN —Republicans are about to deliver on the driving purpose of their House majority – enacting Donald Trump’s retribution. Rather than try to solve the crisis, hardline House Republicans are driving the country toward a shutdown that Trump ordered up on social media, insisting it will will damage Biden, his potential general election rival. The two showdowns – and the return to power of Trump’s movement in the House – could shape the fate of the Republican House majority, which was narrowly won in last year’s midterm elections. But paradoxically, the tiny House majority – McCarthy can only lose four votes and still pass legislation on a party line – has given the most extreme GOP members more leverage. Some House Republicans are now refusing to vote for any temporary spending extension expected to come over from the Senate.
Persons: Donald Trump’s, Joe Biden, smarting, Biden, corruptly, , Kevin McCarthy, Vladimir Putin, Trump, McCarthy, Biden’s, Trump’s impeachments, – McCarthy, tormentors, Mary, , don’t, there’s, Mike Lawler, Ayanna Pressley, CNN’s Jake Tapper, , impeachments Organizations: CNN, Republicans, Trump, Republican House, GOP, Republican, Biden, Trump acolytes, Capitol, ” Democratic, Massachusetts, Wednesday, Transportation Security Administration Locations: Ukraine, Michigan, Detroit, California, Arizona, China, New York, San Francisco
Long US shutdown is avoidable but seems inevitable
  + stars: | 2023-09-26 | by ( Ben Winck | ) www.reuters.com   time to read: +4 min
Their requests are so extreme that the measures stand no chance of passing in the Democratic-controlled Senate, which is required to avoid a shutdown. While it could be either avoidable or short-lived, a longer shuttering of the U.S. government seems inevitable. Both chambers of the U.S. legislative branch are making last-ditch efforts to dodge a shutdown before the Sunday deadline. Representative Marjorie Taylor Greene said on Sunday she opposes the budget’s $300 million charge for training Ukrainian troops – that amounts to 0.02% of the total $1.5 trillion budget. The last stoppage, which lasted a record seven weeks between 2018 and 2019, was only solved through compromise between House Democrats and Senate Republicans.
Persons: Kevin McCarthy, Marjorie Taylor Greene, Donald Trump, McCarthy, Joe Biden, , Lauren Silva Laughlin, Sharon Lam Organizations: Reuters, Congress, U.S . House, Democratic, Republican, House Republicans, Justice Department, Internal, House Democrats, Senate, Republicans, Thomson Locations: U.S, Mexico, Ukraine
A general view of the U.S. Capitol, where Congress will return Tuesday to deal with a series of spending bills before funding runs out and triggers a partial U.S. government shutdown, in Washington, U.S. September 25, 2023. Congress has shut down the government 14 times since 1981, though most of those funding gaps have lasted only a day or two. Despite the looming shutdown deadline, the House will turn its attention first to the four full-year bills, which even if they pass would not fund the full government or prevent a shutdown. Success is not guaranteed: Republican hardliners blocked action on spending bills last week and some have said they would try to do so again. But that could prompt Republican hardliners to act on their threat to depose McCarthy, plunging the chamber further into chaos.
Persons: Jonathan Ernst, Kevin McCarthy, Moody's, Joe Biden, McCarthy, Biden, McCarthy's, Ralph Norman, Donald Trump, David Morgan, Andy Sullivan, Moira Warburton, Trevor Hunnicutt, Scott Malone, Bill Berkrot Organizations: U.S . Capitol, REUTERS, Rights, U.S . House, Democratic, Republican, National, U.S . government's AAA, Republicans, Social Security, House Republicans, Sunday, Caucus, Senate, Thomson Locations: Washington , U.S, Washington, China, Congress, America
WASHINGTON, Sept 22 (Reuters) - The looming U.S. government shutdown that some hardline Republicans, including Donald Trump, are cheering for could slow one of their other priorities: The recently launched impeachment inquiry of Democratic President Joe Biden. In 2018-2019 shutdown, the White House furloughed 1,100 of 1,800 staff in the Executive Office of the President. House Republicans alleged that the elder Biden benefited from his son's work but have produced no evidence of that. The White House says President Biden has done nothing wrong and that Republicans have no basis for the inquiry. House Republicans say they plan to seek personal and business records for Hunter Biden and James Biden, the president's brother, and to seek testimony from certain officials.
Persons: Donald Trump, Joe Biden, Kevin McCarthy, Hunter Biden, McCarthy, " McCarthy, Hunter, Biden, James Biden, Troy Nehls, Darrell Issa, Makini Brice, Scott Malone, Alistair Bell Organizations: Democratic, Republican, White, Fox News, Republicans, Judiciary, Thomson Locations: U.S, House
Washington CNN —The blue-and-gold flag draped hero worship of Ukrainian President Volodymyr Zelensky’s last Washington trip, which stirred comparisons to Winston Churchill’s wartime stand against Nazism, was a distant memory on Thursday. And in public appearances, Zelensky’s patience sometimes frayed – especially when berating the United Nations for failing to protect its members from aggression. There’s also a question of whether Zelensky’s relentless efforts to shame the world into action might be reaching the point of diminishing returns. Trump exacerbates such concerns by warning that Biden’s help for Ukraine could trigger World War III with Russia. With no end in sight for the biggest war in Europe since World War II, Ukraine’s fate seems increasingly aligned with Biden’s own political destiny.
Persons: Volodymyr Zelensky’s, Winston, Zelensky, Donald Trump’s, Franklin Roosevelt, There’s, Vladimir Putin, Kim Jong, Biden, Mr, ” Biden, Jake Sullivan, , Chuck Schumer, Mitch McConnell, we’re, Carolina Sen, Thom Tillis, Kamala Harris, Nancy Pelosi, Kevin McCarthy, McConnell, we’ve, you’ve, ” McCarthy, , McCarthy, Trump, Putin, Nikki Haley, Vivek Ramaswamy, Trump’s, Ohio Sen, J.D, Vance, Zelensky –, ” Vance, Missouri Sen, Josh Hawley, ” Hawley Organizations: Washington CNN, Republican, CNN, United Nations, United States, Oval, Tactical Missile Systems, NATO, Kyiv, Democratic, GOP, Senate, Trump, Ukraine, , Twitter Locations: Washington, Russia, United States, Ukraine, United, Russian, Russia’s Far, Poland, Warsaw, US, Poland’s, , Carolina, Ukrainian, Southern, America, New Hampshire, American, Moscow, Missouri, Europe
Zelenskyy arrived at the Capitol to talk privately with Republican and Democratic leaders of the House and Senate as the world is watching Western support for Kyiv. House Democratic Leader Hakeem Jeffries escorted Zelenskyy into the Capitol, opening a crucial Washington stop for the Ukrainian president following his appearance before the U.N. General Assembly in New York. The political environment has shifted markedly since Zelenskyy addressed Congress last December on his first trip out of Ukraine since the war began. "I will have questions for President Zelenskyy," McCarthy told reporters before the visit. Zelenskyy faces challenges in Europe as well as cracks emerge in what had been a largely united Western alliance behind Ukraine.
Persons: Ukraine Volodymyr Zelensky, Hakeem Jeffries, Volodymyr Zelenskyy, Zelenskyy, Joe Biden, John Kirby, Kirby, Biden, Donald Trump, Zelenskyy's, Antony Blinken, It's, Sen, Josh Hawley, Buckle, Vladimir Putin, Democratic Sen, Mark Kelly of Arizona, Putin, Kelly, Kevin McCarthy, McCarthy, Mitch McConnell, McConnell, Wednesday's, Poland's Organizations: U.S . House, U.S, Capitol, Russian, Republican, Democratic, Senate, Kyiv, White, Pentagon ., General Assembly, National Security, Ukraine, Republicans, Missouri Republican, Chamber, U.S . Capitol, Trump Locations: Ukraine, Washington , DC, Washington, New York, Russia, Missouri, Kyiv, Old, Europe
Opinion | The Borking of Joe Biden
  + stars: | 2023-09-21 | by ( Pamela Paul | ) www.nytimes.com   time to read: +1 min
If there was any doubt that the Republican House was no more sophisticated than a preschool playground, last week’s opening of an impeachment inquiry into President Biden settled it with a nasty kick of sand in Democrats’ face. How else can you describe the pretext for this fishing expedition other than “You started it”? If our guy got embroiled in impeachment and protracted legal proceedings during election season, well then, damn it, so will yours. This is just the latest asymmetric tit-for-tat by Republicans. As Kevin McCarthy announced the impeachment inquiry, you could almost see his wispy soul sucked out Dementor-style, joining whatever ghostly remains of Paul Ryan’s abandoned integrity still wander the halls of Congress.
Persons: Biden, , Trump, Congress don’t, we’ve, Washington, Kevin McCarthy, Paul Ryan’s Organizations: Republican, , Congress Locations: Ukraine
Republicans leave Ukraine, weed, crypto in limbo
  + stars: | 2023-09-21 | by ( ) www.reuters.com   time to read: +2 min
U.S. House Speaker Kevin McCarthy speaks with reporters at the U.S. Capitol in Washington, U.S. September 20, 2023. REUTERS/Jonathan Ernst Acquire Licensing RightsNEW YORK, Sept 21 (Reuters Breakingviews) - Legislative casualties of U.S. Congress’s budget fight are emerging. His caving to extreme members of the party augurs poorly for measures like Ukraine aid and cannabis banking. Republicans including Representative Matt Gaetz and Representative Andy Biggs have already denied calls for new Ukraine aid. By siding with further-right members, McCarthy gives them more power to hold the line.
Persons: Kevin McCarthy, Jonathan Ernst, Joe Biden, Biden, McCarthy, Matt Gaetz, Andy Biggs, Ben Winck, Bernie Sanders’s, Lauren Silva Laughlin, Sharon Lam Organizations: U.S, Capitol, REUTERS, Reuters, Republican, Wednesday, Banking, X, Thomson Locations: Washington , U.S, U.S, Ukraine, Washington
WASHINGTON (AP) — Ukrainian President Volodymyr Zelenskyy returns to Washington on Thursday for a whirlwind one-day visit, this time to face the Republicans now questioning the flow of American dollars that for 19 months has kept his troops in the fight against Russian forces. A hard-right flank of Republicans, led by former President Donald Trump, Biden’s chief rival in the 2024 race for the White House, is increasingly opposed to sending more money overseas. But some Senate Republicans walked out of the briefing no more convinced than before about the necessity of spending more on Ukraine. “I will have questions for President Zelenskyy,” McCarthy told reporters before the visit. “I sometimes get the sense that I speak more about Ukraine matters than the president does,” McConnell said in a speech Wednesday.
Persons: Volodymyr Zelenskyy, Zelenskyy, Joe Biden, John Kirby, , Kirby, Biden, Donald Trump, Zelenskyy's, Antony Blinken, “ It’s, ” Sen, Josh Hawley, we’re, ‘ Buckle, , Vladimir Putin, Democratic Sen, Mark Kelly of Arizona, Putin, ” Kelly, Kevin McCarthy, ” McCarthy, McCarthy, Mitch McConnell, McConnell, Wednesday’s, ” McConnell, Seung Min Kim, Farnoush Amiri Organizations: WASHINGTON, Russian, White, Pentagon, Capitol, Republican, Democratic, Senate, Kyiv, National Security, U.S, Ukraine, Republicans, Missouri Republican, Chamber, U.S . Capitol, Trump, Associated Press Locations: Washington, Russia, Ukraine, Missouri, Kyiv, Old
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