Activist investor Vivek Ramaswamy, who launched a firm last year to pressure companies to abandon environmental, social and corporate governance (ESG) initiatives, said on Tuesday that he would run for President of the United States. Ramaswamy, 37, will step down as executive chairman of Strive Asset Management, which raised more than $650 million from investors…
Biden says his administration’s plans will cut US debt by $2 trillion on top of the $1.7 trillion already in cuts, while he will stick to his promise to provide financial assistance to anyone earning less than $400,000 a year. Will not increase taxes for the individual either. “Let’s be clear about what’s happening,” he…
Benjamin Franklin, whose 1776 Declaration of Independence and 1787 signing of the US Constitution earned him a reputation as a Founding Father, is featured on the $100 bill. During the debate, Republican Mike Lawler said, “Words matter, rhetoric matters. It hurts. The Congresswoman is being held accountable for her words and her actions.” Omar and…
“We’re not going to default on the loan. We have the ability to manage the servicing and paying our interest. But in the same way we shouldn’t blindly raise the debt limit,” Representative Chip Roy, a prominent conservative, told Reuters. told. Roy dismissed concerns about volatile markets and the risk of a recession. Roy said…
In Trump’s case, the National Archives tried for more than a year after Trump left office, without success, to retrieve all the records they held. When Trump finally returned the 15 boxes of documents in January 2022, archives officials found they contained classified material. After the case was referred to the Justice Department, Trump’s lawyers…
But the speaker’s post has proved a formidable challenge to Republicans in recent years, with John Boehner resigning from the post in 2015 after clashing with insurgent conservatives. Boehner’s successor, Paul Ryan, a frequent target for conservatives, decided not to seek reelection in 2018 as then-President Trump shifted the party’s focus from Ryan’s financial priorities…
Republican Representative Trent Kelly told reporters after the vote on Wednesday after rejecting McCarthy, “You have 20 people demanding that the 201 surrender unconditionally to them. Well, I’m not going to surrender.” The inability to agree on a leader also raises questions about whether Republicans will force a government shutdown or risk default in a…
alternative? McCarthy said late on Wednesday that he was making progress, but it was unclear whether he would win over the holdout or the party would have to look for an alternative when the chamber resumes at noon (1700 GMT) on Thursday. . The possibilities include number two House Republican Steve Scalise and Representative Jim…
Richard Neal, chairman of the House Ways and Means Committee, requested the returns in 2019, arguing that Congress needed to determine whether legislation was warranted on the president’s tax returns. Republicans said the move could lead to the political weaponization of individual tax returns and warned that party members taking over the panel next month…