Author: David Morgan
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Dems, GOP dig in on debt-ceiling standoff after House action
WASHINGTON • The Senate showed no sign of moving to avoid a looming debt-ceiling crisis on Thursday, as Republicans rejected calls to raise the $31.4 trillion limit without conditions and Democrats dismissed the idea of talks. A day after the House of Representatives approved a Republican package that would lift the borrowing limit and slash…
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Sens. Scott, Warren unveil Fed oversight bill
WASHINGTON • A conservative Republican and a progressive Democrat in the U.S. Senate are introducing legislation on Wednesday to replace the Federal Reserve’s internal watchdog with one appointed by the president, aiming to tighten bank supervision following the failures of Silicon Valley Bank and Signature Bank. Republican Rick Scott and Democrat Elizabeth Warren blamed the…
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Biden says he would sign GOP bill overturning D.C. crime laws
WASHINGTON • President Joe Biden said Thursday he would sign a Republican-led bill that would overturn recent changes to Washington, D.C.’s laws which lowered penalties for some crimes, should it pass in the U.S. Senate. “I support D.C. statehood and home rule, but I don’t support some of the changes D.C. Council put forward over…
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McCarthy says he will meet Biden again on debt ceiling
WASHINGTON (Reuters) – Republican U.S. House of Representatives Speaker Kevin McCarthy said on Thursday that he and President Joe Biden have agreed to meet again for talks on raising the U.S. government borrowing limit. Biden and McCarthy held initial talks on Wednesday in a first test of how the two could work together. The pair…
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Splits emerge as House Republicans demand Biden negotiate on debt limit
WASHINGTON • Republicans who control the U.S. House of Representatives are divided over how hard a line to take on the debt ceiling, but were united on Wednesday in demanding that Democratic President Joe Biden agree to negotiate on spending as part of any deal. Hard-line Republican conservatives, who have the power to block any…
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McConnell: Debt limit solution must come from Biden, McCarthy
WASHINGTON • Any agreement to address the U.S. debt ceiling and avoid a first-ever default by Washington will have to come from President Joe Biden and House of Representatives Speaker Kevin McCarthy, the top Senate Republican said Tuesday. Senate Minority Leader Mitch McConnell, who has played an integral role in debt ceiling negotiations in the…
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Treasury buys time for Biden and GOP on debt limit deal
WASHINGTON • The federal government hit its $31.4 trillion borrowing limit on Thursday, amid a standoff between the Republican-controlled House of Representatives and President Joe Biden’s Democrats on lifting the ceiling, which could lead to a fiscal crisis in a few months. Treasury Secretary Janet Yellen informed congressional leaders, including House Speaker Kevin McCarthy, that…
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Investigation of Biden a top priority for GOP
WASHINGTON • After winning control of the U.S. House of Representatives, Republicans said Thursday that investigating President Joe Biden and his family’s business dealings will be their top oversight priority when they formally take power next year. Rep. James Comer, a Kentucky Republican who is expected to chair the House Oversight and Reform Committee, said…
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Senate advances gun safety bill as Supreme Court knocks down handgun limits
WASHINGTON • A bipartisan package of modest gun safety measures advanced in the U.S. Senate on Thursday, even as the Supreme Court broadly expanded gun rights by ruling Americans have a constitutional right to carry handguns in public for self-defense. The landmark court ruling and Senate action on gun safety illustrate the deep divides over…
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Trump’s midterm revenge campaign faces new test in South Carolina
WASHINGTON • Former President Donald Trump’s efforts to punish his perceived enemies will be tested in South Carolina on Tuesday as Republican U.S. Reps. Tom Rice and Nancy Mace try to fend off Trump-backed primary election challengers. In Nevada, Trump-endorsed Republican Adam Laxalt is seeking his party’s nomination for a crucial U.S. Senate race in…