Endgame for Fed's tightening cycle challenged by easing financial conditions
(This July 28 story has been refiled to remove the garbling in paragraph 2) By Michael S. Derby (Reuters) -
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US Supreme Court weighs social media 'blocks' by public officials
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Far-right members of Congress rebel against McCarthy and hold up House votes
Far-right members of Congress are blocking legislation in the House of Representatives in retaliation after the passage of a bipartisan agreement to lift the debt ceiling. The rebellion began earlier this week, when members of the conservative House Freedom Caucus voted against a rule to advance a bill that would prevent government action on gas stoves. Every Democrat voted against the bill, along with 12 Republicans, making it the first time a rule to pass a piece of legislation had failed to pass on the House floor since 2002. Many of the Republicans who opposed the rule also opposed the agreement to lift the debt limit, such as Reps Matt Gaetz (R-FL), Dan Bishop (R-NC), Chip Roy (R-TX) and Lauren Boebert (R-CO). Mr Gaetz said the blockade came in retaliation for the bipartisan debt ceiling agreement that House Republican leadership brokered with the White House that passed last week. “When Speaker McCarthy and House GOP Leadership couldn’t hold the line on spending, they surrendered the ability to exclusively hold the floor,” Mr Gaetz tweeted. “We are going to #HoldTheFloor and refuse to allow their failure theater to continue to play out.” “All we are asking is that Speaker McCarthy abide by the spending commitments he previously made,” Rep Ken Buck (R-CO) tweeted. “That’s not an unreasonable ask.” As a result, the House dismissed itself for the rest of the week and will not convene until Monday 12 June for votes. The logjam led to House Republican leadership blaming each other. “We’ve been through this before; you know we’re in a small majority,” House Speaker Kevin McCarthy said, The New York Times reported, also taking a swipe at House Majority Leader Steve Scalise for the failure to control procedure. “The majority leader runs the floor,” he told reporters. Many House conservatives said that Mr McCarthy broke a series of promises he made to them in January of this year, when they forced the House to go into 15 rounds before he became speaker. Mr Scalise said he was not privy to those negotiations with conservatives in an interview with Punchbowl News. “So I still don’t know what those agreements were,” he said. “Whatever they are, [conservatives] feel that the agreements were broken. That’s got to get resolved. Hopefully it does.” Read More Gaetz and Boebert vow to force McCarthy into ‘monogamous relationship’ Lauren Boebert claims she missed vote on debt ceiling deal because it was a ‘c**p sandwich’ Richard Snyder, ‘warrior-king’ of publishing who presided over rise of Simon & Schuster, dead at 90 Senators call on TikTok CEO to explain 'inaccurate' statements about how company manages US data Judge rules to release names of Rep. Santos bond cosigners, will say secret for now as appeal mulled
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Donald Trump Blasts Ron DeSantis on Important Issue to Iowa Voters: Ethanol
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2023-07-08 06:51
Yale and a student group are settling a mental health discrimination lawsuit
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2023-08-26 23:24
A Learjet pilot thought he was cleared to take off. He wasn't. Luckily, JetBlue pilots saw him
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A New Field of Would-Be US House Speakers Takes Shape After Jim Jordan Fails
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What is Amanda Bynes' net worth? Nickelodeon alum considering 'moving away from LA' after stint in mental health facility
Amanda Bynes is allegedly looking toward restarting her career
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Musk's Neuralink says cleared for human test of brain implants
Elon Musk's start-up Neuralink on Thursday said it has gotten approval from US regulators to test its...
2023-05-26 08:45
Her son was an accused cult leader. She says he was a victim, too.
"Now the family tree goes like this," the man on the tape extolled confidently. "John John and...Trump are cousins. And Trump's uncle is JFK Sr., and Joe Kennedy, who is also not dead.... And Trump's father is General George Patton, and his brother is Mussolini..."
2023-09-23 22:21
Teamsters union pushes for US bankruptcy reform after Yellow's collapse
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2023-08-09 05:59
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