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Reaction to Biden-McCarthy debt ceiling meeting
  + stars: | 2023-05-16 | by ( ) www.reuters.com   time to read: +7 min
"There was an overwhelming consensus, I think, in today's meeting with the congressional leaders, that defaulting on the debt is simply not an option. We've got to find a way that we can curb our spending, raise our debt limit and also grow our economy. The president agreed to appoint a couple of people from his administration to sit down and negotiate directly with my team." NEIL BRADLEY, CHIEF POLICY OFFICER, U.S. CHAMBER OF COMMERCE"With just two weeks to go before hitting the debt limit, we are pleased to see the scope and structure of the negotiations narrow. We believe there is a path forward on a bipartisan deal that lifts the debt limit and makes important reforms to improve our nation's fiscal health."
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
OpenAI CEO Sam Altman arrive to the White House for a meeting with Vice President Kamala Harris on artificial intelligence, Thursday, May 4, 2023, in Washington. WASHINGTON — House Democrats and Republicans will hold a dinner at the Capitol next week with Sam Altman, the CEO of OpenAI, which developed the popular artificial intelligence chatbot ChatGPT, according to an invitation obtained by NBC News. The goal of the Altman dinner is to "educate members," said Lieu, who shared the invitation with NBC News. The dinner will be one of several appearances on Capitol Hill for Altman. And top lawmakers are warning that if Congress doesn't act soon, the U.S. will fall behind China, which is already moving ahead with proposed regulations for AI.
Melania Trump on Tuesday said she stood behind her husband's 2024 presidential campaign. The ex-first lady told Fox News Digital that former President Trump had her "support" in his race. Melania Trump said that if her husband were to win she would again focus on children's issues. "He has my support, and we look forward to restoring hope for the future and leading America with love and strength." The former first lady attended her husband's 2024 campaign launch last November, but by and large has not been a significant presence on the trail thus far.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech executives arrive at the White House for first meeting on AI regulationThe White House hosts a meeting with top tech executives to discuss the risk and benefits of A.I. as well as methods for responsible use.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft's Satya Nadella joins fellow tech executives for White House meeting on AISatya Nadella, the CEO of Microsoft, enters the White House for a closely watched meeting on A.I. risk assessment.
Peskov did not provide any evidence to his claims, nor additional details regarding the alleged attack, saying that information would be released later. Earlier this week, Russia claimed Ukraine launched a drone strike targeting the Kremlin in an attempt to assassinate Russian President Vladimir Putin, calling it a “planned terrorist attack.” Ukraine has strongly denied any involvement. The United States had nothing to do with this. Fabrice Coffrini/AFP/Getty ImagesRyabkov also accused US officials of trying to “promote the idea of Washington’s non-involvement” in the purported drone attack, TASS reported. “Washington has long been a direct party to the Ukrainian conflict and aims to destroy sovereign Russia,” he said, according to TASS.
Powell told a news conference after the Fed's latest rate hike decision that resolving the debt ceiling standoff between Republicans and Democrats was a matter for Congress and the Biden administration. "We don't give advice to either side," Powell said. A U.S. default would be unprecedented and have "highly uncertain" and "quite diverse" consequences for the U.S. economy, Powell said, but he declined to enumerate them. "No one should assume that the Fed can really protect the economy and the financial system and our reputation globally from the damage that such an event might inflict," he added. Yellen has warned that a debt ceiling default will cause "severe hardship" to American families by raising borrowing costs, and harm the U.S. global leadership position.
[1/2] U.S. House Speaker Kevin McCarthy looks on during a bilateral meeting with his Israeli counterpart, Knesset Speaker Amir Ohana (not pictured) at the Knesset, Israel's Parliament, in Jerusalem, April 30, 2023. REUTERS/Amir Cohen/PoolJERUSALEM, May 1 (Reuters) - The U.S. should invite Israeli Prime Minister Benjamin Netanyahu to the White House for an official visit, U.S. House of Representatives Speaker Kevin McCarthy said on Monday, as a customary invitation has not been extended in the five months since Netanyahu's election. President Biden and Prime Minister Netanyahu have known each other for a long, long time. In an interview with the Israel Hayom newspaper on Sunday, McCarthy said that if the president does not invite Netanyahu to the White House, the speaker will invite him to Washington for his own visit. McCarthy also made clear on Monday that Israel's president, which is largely a ceremonial role, will be visiting the White House very soon.
[1/2] U.S. House Speaker Kevin McCarthy looks on during a bilateral meeting with his Israeli counterpart, Knesset Speaker Amir Ohana (not pictured) at the Knesset, Israel's Parliament, in Jerusalem, April 30, 2023. REUTERS/Amir Cohen/PoolJERUSALEM, May 1 (Reuters) - U.S. House of Representatives Speaker Kevin McCarthy said on Monday Israeli Prime Minister Benjamin Netanyahu should be invited to the White House for an official visit following months without an invitation from Washington. "I expect the White House to invite the prime minister over for a meeting, especially with the 75th anniversary." In an interview with the Israel Hayom newspaper on Sunday, McCarthy said that if the president does not invite Netanyahu to the White House, the speaker will invite him to Washington for his own visit. McCarthy also made clear on Monday that Israel's president, which is largely a ceremonial role, will be visiting the White House very soon.
WASHINGTON, April 27 (Reuters) - Former U.S. Vice President Mike Pence appeared before a grand jury investigating former President Donald Trump's role in efforts to overturn the 2020 election, a source familiar with the matter told Reuters on Thursday. Pence was inside U.S. District Court in Washington for more than seven hours, ABC News and NBC News reported earlier. The former vice president's appearance before the grand jury comes as he is exploring a possible challenge to Trump for the Republican presidential nomination in 2024. Former U.S. Vice President Mike Pence addresses the National Review Institute's 2023 Ideas Summit in Washington, U.S., March 31, 2023. REUTERS/Kevin LamarqueOn Wednesday, Trump lost an appeal to block Pence from testifying in the special counsel probe, according to CNN.
WASHINGTON, April 27 (Reuters) - West Virginia Governor Jim Justice launched his campaign on Thursday for the Republican nomination to challenge Democratic U.S. Senator Joe Manchin, a moderate who has been a constant thorn in his party's side. Justice, 72, has repeatedly changed parties, most recently in 2017 when he switched his registration to Republican after being elected as a Democrat in 2016. Manchin has been a key vote on every major piece of legislation of Biden's tenure, as a moderate representing an increasingly conservative state. Justice, a coal-mining billionaire, would first need to win a Republican primary against U.S. Representative Alex Mooney to become his party's nominee to challenge Manchin in 2024.
“We need to have tabletop exercises that go through a variety of scenarios, including possibly nuclear weapons,” a senior official told CNN earlier this month. Leaks loomRecent online leaks of Pentagon documents involving South Korea also loom over the visit. One of the leaked documents describes, in remarkable detail, a conversation between two senior South Korean national security officials about concerns by the country’s National Security Council over a US request for ammunition. Plans and pompWednesday’s events mark just the second state visit of the Biden presidency (Biden hosted French President Emmanuel Macron and his wife Brigitte in December 2022). President Joe Biden, first lady Jill Biden, South Korea's President Yoon Suk Yeol and his wife Kim Keon Hee visit the Korean War Veterans Memorial in Washington, Tuesday.
Donald Trump's 2024 team feared that Tucker Carlson would start backing Ron DeSantis, NYT reported. "I hate him passionately," Carlson wrote in one of the texts. The Times wrote that the pair had patched up their relationship after the texts went public. He ran the show "Tucker Carlson Tonight" on weeknights at 8 p.m., where he often touted conspiracy theories such as false 2020 election fraud claims. Representatives for Carlson, Trump, and DeSantis did not immediately respond to Insider's requests for comment sent outside regular business hours.
Michelle Obama admitted it's a "relief" she and her family are no longer living in the White House. Obama also made it clear that she never dreams about living in the White House. In an interview on "The Tonight Show," Fallon pointed out that Obama recently returned to the White House for the first time since her tenure as first lady. Security then had to tell them that wasn't their car, and they had to walk past the presidential and vice presidential motorcade to get to their car in the back of the line. "But the thing was, we were so glad to get in that back motorcade and to go home to our house," Obama said.
Bill Clark | CQ-Roll Call Group | Getty ImagesAn embarrassing leak of highly classified Pentagon documents has endangered intelligence methods, exposed American strategy and undermined trust among U.S. allies, former defense department officials and intelligence experts tell CNBC. America's control over its most valuable secrets has been thrust into question amid the fallout from the most damaging intelligence leak since Edward Snowden's breach more than a decade ago. 'Devastating' for American alliesThe major security breach also contained intelligence gathering on American allies, including South Korea and Israel. "Our allies can't trust us … That's why the Middle East, they're talking to the Chinese. one American defense industry executive told CNBC, speaking anonymously due to professional restrictions.
Melania Trump is pushing back on reports about how she's processing her husband's indictment. The statement also did not reveal her state of mind over her husband's alleged infidelity or the public scrutiny of their 18-year marriage. The New York Post's Page Six separately reported that Melania Trump agreed to play a bigger part in her husband's 2024 campaign. The publication quoted an anonymous source recounting that Donald Trump pleaded with his wife to join him on the campaign, telling her, "I really need you." Ivanka Trump was also notably absent from the Mar-a-Lago event on April 4, though his other children, Donald Trump Jr., Eric Trump, Tiffany Trump, and Baron Trump attended, as did Viktor Knavs, Melania Trump's father.
Russian fighter jets are ambushing Ukrainians in sneak attacks, an official told The Telegraph. Ukrainian President Volodymyr Zelenskyy has urged the White House to send F-16 jets to fight back. The Biden administration has so far refused to send F-16 fighters and MQ-9 drones to Ukraine. They will send up a Russian jet alone, tricking the Ukrainian pilot into thinking there is only one jet. Kahl added that the subject was discussed by President Joe Biden and President Volodymyr Zelenskyy during Biden's visit to Kyiv on February 20.
Trump's expected appearance before a judge in Manhattan on Tuesday, as the Republican mounts a bid to regain the presidency, could further inflame divisions in the United States. The specific charges are not yet known, though CNN reported that Trump faced more than 30 counts related to business fraud. Daniels has said she was paid to keep silent about a sexual encounter she had with Trump in 2006. Bragg said Congress does not have authority to interfere with a New York legal proceeding and accused the lawmakers of escalating political tensions. Bragg's office prosecuted Trump's business on tax-fraud charges last year, leading to a $1.61 million criminal penalty, but Trump himself was not charged.
House Democrats are annoyed with President Joe Biden and Republicans can't get enough of it. In the last month, Biden has twice withheld vetoes on GOP-led bills that most House Democrats opposed – and after the White House signaled that Biden opposed them, too. However, before a Senate vote Wednesday night, the White House put out the word that Biden wouldn't veto the bill. House Republicans' campaign arm on Wednesday is seizing on the schism, including a popcorn emoji in an email highlighting such quotes from House Democrats. "House Democrats remain rip-roaring angry at the White House for once again exposing their extremism to voters," said Will Reinert, of the National Republican Congressional Committee.
President Donald Trump as he leaves the White House for a trip to Nashville, Tennessee, in Washington D.C on May 29th, 2018. Former President Donald Trump is "sad" but not afraid about the possibility of being criminally charged in New York City over a hush money payment to a porn star, one of his lawyers said Tuesday. "No, he's not scared," said the attorney Alina Habba, after she left an unrelated civil Manhattan Supreme Court hearing for the New York Attorney General Office's $250 million fraud lawsuit against Trump, NBC News reported. Asked what Trump's state of mind has been in recent days, Habba said, "He's sad [about] what's going on." Trump in a social media post over the weekend said he expected to be arrested Tuesday on an indictment in the criminal probe by the Manhattan District Attorney's Office.
REUTERS/Evelyn HocksteinWASHINGTON, March 17 (Reuters) - U.S. President Joe Biden said on Friday that Russian President Vladimir Putin has clearly committed war crimes and the International Criminal Court's (ICC) decision to issue an arrest warrant for him was justified. "He's clearly committed war crimes," Biden told reporters, referring to Putin. The United States separately has concluded that Russian forces have committed war crimes in Ukraine and supports accountability for perpetrators of war crimes, a State Department spokesperson said in an emailed statement. "There is no doubt that Russia is committing war crimes and atrocities (in) Ukraine, and we have been clear that those responsible must be held accountable," the spokesperson added. The Kremlin said on Friday the ICC arrest warrant against Putin was outrageous, but meaningless with respect to Russia.
President Joe Biden's positions in recent weeks have put him at odds with some members of his party. That includes Rep. Maxwell Frost who says Biden broke his promise to young voters. Rep. Maxwell Frost, the first Gen-Z member of Congress, says he is "very disappointed" in Biden for approving the $8 billion ConocoPhillips Willow oil project in Alaska, one of the largest-ever drilling projects on federal land. In November, Frost praised Biden in an interview with CNN, saying: "He's been unafraid to put forth bold, transformational ideas and policies, and that's really what excites young voters." When contacted after the Willow project decision, which Bowman opposed, he said his thinking had not changed.
President John F. Kennedy lived with his family in the White House for less than three years. His kids enjoyed making the most of the expansive White House grounds, while his wife famously restored the residence. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyThe Kennedys' time in the White House was brief but iconic. For less than three years, President John F. Kennedy, his wife Jackie and their two children, Caroline and John Jr., lived in the White House. Here's how the Kennedys' life in the White House left such a lasting impression.
Since the Senate on March 1 passed the bill - by unanimous consent - it now goes to the White House for Biden to sign into law or veto. The White House did not immediately respond to a request for comment on his intentions. The debate was refueled last month, when the Wall Street Journal first reported that the U.S. Energy Department had concluded the pandemic likely arose from a Chinese laboratory leak, an assessment Beijing denies. Four other U.S. agencies still judge that COVID-19 was likely the result of natural transmission, while two are undecided. Representative Mike Turner, the Republican chairman of the House Intelligence Committee, said as he urged support for the measure.
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