INSIDER
North Carolina House Speaker Tim Moore's win marks big change in state's congressional delegation
Read full article: North Carolina House Speaker Tim Moore's win marks big change in state's congressional delegationNorth Carolina House Speaker Tim Moore is one of three Republicans expected to flip U.S. House seats after new district maps were drawn for the 2024 elections.
Punishing their own but passing few laws, a Congress in chaos leaves much to do in 2024
Read full article: Punishing their own but passing few laws, a Congress in chaos leaves much to do in 2024This Congress started with showy bluster, a bitter 15-round, multi-day spectacle to elect a House speaker who vowed to โnever quit,โ and then did just that.
North Carolina Rep. McHenry, who led House through speaker stalemate, won't seek reelection in 2024
Read full article: North Carolina Rep. McHenry, who led House through speaker stalemate, won't seek reelection in 2024North Carolina Rep. Patrick McHenry won't seek reelection to the U.S. House next year after all.
House Republicans drop Jim Jordan as their nominee for speaker, stumbling back to square one
Read full article: House Republicans drop Jim Jordan as their nominee for speaker, stumbling back to square oneRepublicans have dropped Jim Jordan as their nominee for House speaker, setting them back to square one with no clear plan ahead.
GOP's Jordan says he's still running for House gavel, but plan for a temporary speaker falls flat
Read full article: GOP's Jordan says he's still running for House gavel, but plan for a temporary speaker falls flatRefusing to drop out, Republican Rep. Jim Jordan is telling GOP colleagues he is still running for House speaker.
House speaker live updates | Next round of voting set for Thursday after Jordan comes up short again
Read full article: House speaker live updates | Next round of voting set for Thursday after Jordan comes up short againThere will be no further votes for House speaker on Wednesday after Republicans reached an impasse on how to move forward.
GOP's Jim Jordan fails again on vote for House speaker as frustrated Republicans search for options
Read full article: GOP's Jim Jordan fails again on vote for House speaker as frustrated Republicans search for optionsRep. Jim Jordan has failed to win the vote to become House speaker on a crucial second ballot.
House Republicans are mired in chaos after ousting McCarthy and rejecting Scalise. What's next?
Read full article: House Republicans are mired in chaos after ousting McCarthy and rejecting Scalise. What's next?The U.S. House has been without a leader for more than a week, as majority Republicans threw out Speaker Kevin McCarthy and refused to rally around his No. 2, Louisiana Rep. Steve Scalise.
Some want to grant temporary House speaker more power as Republican gridlock stalls Congress
Read full article: Some want to grant temporary House speaker more power as Republican gridlock stalls CongressRep. Patrick McHenry is presiding over the House as speaker pro tempore following the unprecedented ouster of Kevin McCarthy.
Scalise is the GOP's pick to be the House speaker but he faces an uncertain path. What happens next?
Read full article: Scalise is the GOP's pick to be the House speaker but he faces an uncertain path. What happens next?The speaker of the House is normally elected every two years, in January, when the House organizes for a new session.
Supporters of US aid to Ukraine are watching the turmoil in the House with growing alarm
Read full article: Supporters of US aid to Ukraine are watching the turmoil in the House with growing alarmThe future of additional U.S. aid to Ukraine is in doubt now that Kevin McCarthy has been ousted as House speaker.
Rep. Patrick McHenry of North Carolina is the leader of the House, at least for now
Read full article: Rep. Patrick McHenry of North Carolina is the leader of the House, at least for nowNow that Kevin McCarthy is out of his job as House speaker, one of his top lieutenants is presiding over the chamber while the chamber figures out who will be the next leader.
Kevin McCarthy is out as speaker of the House. Here's what's next
Read full article: Kevin McCarthy is out as speaker of the House. Here's what's nextThe House of Representatives has entered uncharted territory after the success of a last-ditch, right-wing effort to remove fellow Republican Kevin McCarthy from the speakership.
How Biden and McCarthy struck a debt limit deal and staved off a catastrophe
Read full article: How Biden and McCarthy struck a debt limit deal and staved off a catastrophePerhaps most critical to locking up the debt limit deal were President Joe Biden and House Speaker Kevin McCarthyโs five handpicked negotiators, three men and two women unknown to most outside government.
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
Read full article: Debt ceiling agreement gets thumbs up from business groups, jeers from some on political rightThe reviews are starting to come in about the debt ceiling agreement reached by President Joe Biden and House Speaker Kevin McCarthy.
What's next on the debt ceiling: Selling the plan and making a deal into a law
Read full article: What's next on the debt ceiling: Selling the plan and making a deal into a lawTo pass their debt ceiling deal, House Speaker Kevin McCarthy and President Joe Biden will now have to sell it to their respective parties.
AP source: Biden, McCarthy reach โagreement in principleโ to raise debt ceiling as default looms
Read full article: AP source: Biden, McCarthy reach โagreement in principleโ to raise debt ceiling as default loomsPresident Joe Biden and House Speaker Kevin McCarthy have reached an โagreement in principleโ to resolve the looming debt crisis.
Debt ceiling talks grind on, but Republicans say there's a 'lack of urgency' from White House
Read full article: Debt ceiling talks grind on, but Republicans say there's a 'lack of urgency' from White HouseDebt ceiling talks showed few signs of outward progress as negotiators for President Joe Biden and House Speaker Kevin McCarthy are trading more budget-cutting ideas.
Bank failures and rescue test Yellen's decades of experience
Read full article: Bank failures and rescue test Yellen's decades of experienceTreasury Secretary Janet Yellen worked against the clock with other regulators, lawmakers and business leaders to come up with a plan that would prevent a full blown banking crisis.
House panel to hold hearing on crypto exchange FTX collapse
Read full article: House panel to hold hearing on crypto exchange FTX collapseLawmakers plan to investigate the failure of FTX, the large crypto exchange that collapsed last week and filed for bankruptcy protection, leaving investors and customers staring at losses that could total in the billions of dollars.
New crypto oversight legislation arrives as industry shakes
Read full article: New crypto oversight legislation arrives as industry shakesAfter 13 years, at least three crashes, dozens of scams and Ponzi schemes and hundreds of billions of dollars made and evaporated, cryptocurrencies finally have the full attention of Congress.
Treasury: Most COVID rental aid went to low-income residents
Read full article: Treasury: Most COVID rental aid went to low-income residentsThe U.S. Treasury Department has concluded that more than 80% of the billions of dollars in federal rental assistance during the pandemic went to low-income tenants.
Homicides are up, but GOP misleads with claims about blame
Read full article: Homicides are up, but GOP misleads with claims about blameSome police organizations and Republican politicians are blaming Democrats and last year's defund the police effort for a troubling rise in homicides in many cities across the country.
Deadline looms, but COVID relief deal may be far off
Read full article: Deadline looms, but COVID relief deal may be far offShe said the two sides would take stock on Tuesday, which she has staked out as the deadline if a deal is to be reached before the election. Pelosi is angling for the best deal she can get โ maybe thatโs now, maybe itโs later. And if history is any guide, prospects for a deal in the lame-duck session after the election could be dim. But the Senate GOP bill has failed once before, and Trump himself says it's too puny. For months she has been promising a COVID relief package of more than $2 trillion stuffed with Obama-era stimulus ideas.
New jobs report diminishes GOP appetite for more virus aid
Read full article: New jobs report diminishes GOP appetite for more virus aidWASHINGTON An unexpectedly strong jobs report could further scramble an already uncertain picture for passing a fifth and possibly final coronavirus aid bill. The positive statistics are feeding the wait-and-see approach of the White House and its GOP allies in Congress. Republicans say the numbers vindicate their decision to take a pause and assess the almost $3 trillion in assistance they already have approved. The coming weeks are expected to bring difficult negotiations over what the package should contain, just months before an election where the White House and control of Congress are at stake. Fridays jobs report showed a 2.5 million gain instead of an expected loss of millions more, complicating prospects for the aid talks.
House passes cannabis banking bill
Read full article: House passes cannabis banking billThe Secure and Fair Enforcement Banking Act, known as the SAFE Banking Act, passed the House Wednesday by a vote of 321 to 103. Banks providing services to state-approved cannabis businesses could face criminal and civil liability under some banking statutes, so cannabis companies resort to operating on cash. "The passage of the SAFE Banking Act improves the likelihood that other cannabis legislation will advance at the federal level," Hawkins said in a statement Wednesday. While Democrats supported the SAFE Banking Act, several reiterated their calls for the legalization of the drug. Ahead of the vote, House Majority Leader Steny Hoyer said in a statement that he's "proud" to bring the SAFE Banking Act to the House floor, "but I believe it does not go far enough."