Thursday, July 29

Mitch McConnell

Infrastructure, Joe Biden, Kyrsten Sinema, Mitch McConnell, Politics, Rob Portman

McConnell just said he’ll vote to advance Biden’s bipartisan infrastructure deal in a major test vote

Senate Minority Leader Mitch McConnell said he would vote to advance the bipartisan infrastructure deal. The procedural vote will advance a vehicle of the bill, which will later be replaced with legislative text. McConnell's approval comes after Sens. Portman and Sinema met with President Biden last month to negotiate the framework of the infrastructure deal. LoadingSomething is loading. ...
Barack Obama, Debt Ceiling, Donald Trump, Economy, Janet Yellen, Joe Biden, Markets, Mitch McConnell, National Debt, Policy, Politics, Treasury, Treasury Department

Janet Yellen says Treasury is prepared to pay the US’s bills to prevent’irreparable harm’ to the economy as GOP balks at raising debt ceiling

Yellen said Treasury is prepared to pay off the country's bills starting August 2. It comes as McConnell opposes raising the debt ceiling without political concessions. Yellen said even the threat of a default risks major damage to the US economy. LoadingSomething is loading. Treasury Secretary Janet Yellen sent a letter to Congress urging lawm...
Congress, Debt Ceiling, Democrats, Economy, infrastructure bill, Mitch McConnell, National Debt, Politics, Reconciliation, senate republicans, White House

Democrats slam Mitch McConnell for taking economy’hostage’ by rallying GOP against extending US’s ability to pay its bills on time

Democrats assailed Mitch McConnell for trying to rally Republicans against raising the debt ceiling. "He's not going to be able to hold the economy hostage," a top Democrat said Wednesday. Republicans had previously backed raising the debt ceiling under Trump. LoadingSomething is loading. Congressional Democrats slammed Senate Minority Leader M...
Democrats, Direct payments, Economy, Kentucky, Markets, Mitch McConnell, Nancy Pelosi, Policy, Politics, Republicans, State Aid, Stimulus checks, Unemployment benefits

Nancy Pelosi rips McConnell for touting stimulus aid for Kentucky:’Vote no and take the dough’

Nancy Pelosi rebuked Mitch McConnell for touting state aid for Kentucky from the stimulus. "I didn't vote for it, but you're going to get a lot more money,' McConnell said to local lawmakers. Some Republicans have touted parts of the law in recent months, even though none voted for it. LoadingSomething is loading. ...
Biden infrastructure plan, Congress, Economy, House, Infrastructure, Joe Biden, Markets, Mitch McConnell, Nancy Pelosi, Policy, Politics, Reconciliation, Senate, Stimulus, Taxes

Pelosi rebuffs McConnell’s demands on infrastructure, holding firm on clearing a Democrat-only social spending plan

Nancy Pelosi just brushed back Mitch McConnell's demands on infrastructure. She's holding firm on her commitment to clear a bipartisan deal only after Senate Democrats approve a party-line bill. The reconciliation package is poised to be full of social initiatives the GOP fiercely opposes. See more stories on Insider's business page. House Speaker Nancy Pelosi is holding firm on her commitment to not approve a $579 billion bipartisan infrastructure agreement until a party-line package reaches the lower chamber."The statement that I made as such is the statement I stand by," Pelosi told reporters at a press conference, adding that H...
Economy, Government Debt, Government Spending, inflation, inflation fears, inflation outlook, Larry Summers, Markets, Mitch McConnell, Policy, Politics, price growth

McConnell gives’kudos’ to Bill Clinton’s Treasury Secretary for warning about hyperinflation

McConnell gave former Treasury Sec. Larry Summers "kudos" on Monday for his comments about inflation. Summers, who served in the Clinton and Obama administrations, has repeatedly slammed Biden's spending. Summers continues to forecast dangerously high inflation, but signs point to price growth cooling in June. LoadingSomething is loading. ...
Bill Barr, Election Fraud, Mitch McConnell, Politics

Mitch McConnell stayed silent on election fraud claims while quietly pleading with Bill Barr to speak out against them, book says

For weeks after the election, Mitch McConnell stayed silent on Trump's election fraud claims. At the same time, he pleaded with Bill Barr to speak out against them, according to a new book by ABC's Jonathan Karl. McConnell thought speaking out could risk upsetting Trump and hurt GOP chances in the Senate runoff. See more stories on Insider's business page. Last fall, when President Donald Trump was spreading unsubstantiated claims about widespread election fraud, Senate Majority Leader Mitch McConnell was urging Attorney General Bill Barr to speak out against them, according to a forthcoming book by ABC News Washington corresponden...
Bill Barr, Department of Justice, Donald Trump, Mitch McConnell, Politics, President Joe Biden, Presidential election, Voter Fraud

Former Attorney General Bill Barr called Trump’s false election claims’bullsh–‘: book

In a forthcoming book, the ABC News correspondent Jonathan Karl chronicles the final days of the Trump administration. According to the book, Bill Barr reportedly blasted Trump's false election claims as'bullsh--.' Mitch McConnell reportedly pleaded with Barr to speak out against Trump's voter fraud claims. Sign up for the 10 Things in Politics daily newsletter. Former Attorney General Bill Barr reportedly blasted former President Donald Trump's debunked election claims as "bullsh--," according to a forthcoming book by ABC News Washington correspondent Jonathan Karl.Barr's response to the aftermath of the highly contentious 2020 pr...
Lauren Boebert, Mar-a-Lago resort, Matt Gaetz, Mitch McConnell, Politics, Sarah Huckabee Sanders, trump

The RNC shelled out $175,000 in May for a donor event at Mar-a-Lago. That’s just a fraction of the $2.6 million they’ve spent at Trump’s businesses since 2007.

The RNC shelled out $175,000 for a donor event at Mar-a-Lago this May. That sum is just a fraction of what the RNC has spent at Trump properties over the last 14 years. According to FEC data, the RNC spent over $2.6 million at Trump businesses since 2007. See more stories on Insider's business page. The Republican National Committee (RNC) have been big spenders at Trump's Mar-a-Lago club this year, shelling out a cool $175,000 for a donor event held there in April.Per the RNC's Federal Election Commission (FEC) May filings seen by Insider, the hefty chunk of change was used to pay for "venue rental and catering" at the former pres...
Filibuster, For the People Act, Joe Manchin, Lindsey Graham, Mitch McConnell, Politics, Senate Democrats, Voting Rights

Lindsey Graham calls the Democrats’ voting-rights bill’the biggest power grab’ in US history, rejects Manchin compromise proposal

Sen. Lindsey Graham on Sunday continued to reject the premise of the For the People Act. Graham said that he would also oppose Sen. Joe Manchin's compromise proposal. "We had the largest turnout in the history the US, and states are in charge of voting in America," he said. Sign up for the 10 Things in Politics daily newsletter. GOP Sen. Lindsey Graham of South Carolina on Sunday blasted the Democrats' sweeping voting-rights bill, saying that even a compromise hashed out by Democratic Sen. Joe Manchin of West Virginia would not pass muster.The "For the People Act," also known as HR1 or S.1., would end partisan gerrymandering, expan...