Biden outlined his administrations plan to provide 9 billion in Student Loan Debt relief for more than 100,000 borrowers. A also announced plans to address the nation amid wavering support for ukraine aid, on the removal of Kevin Mccarthy is House Speaker, the president urged an end to what he called the poisonous environment, saying theres a lot of work to be done, and the American People expect it to be completed. President biden on student loan forgiveness. President biden now we organize to select a new speaker. I know its going to take some time. I remind everyone we have a lot of work to do. The American People expect us to get it done. The deal we reached. We reached an agreement over the weekend. Funds for government. Another 40 days. You cannot and should not be faced with an 11th hour decision on brinksmanship on threats to shut down the government. We know what we have to do. And we have to get it done in a timely fashion. More than anything we need to change the poisonous a
Following the ouster of Kevin Mccarthy as speaker of the house. This morning, we want to hear from you, your message to washington. Do you want members of congress to compromise or stick to their principles . When some republicans saying Kevin Mccarthy compromised too much and some democrats saying he did not compromise enough. That is our question for all of you this morning. Republicans 202 7488001, democrats 202 7488000, independents 202 7488002. All of you can text us and include your first name, city, and state. You can join us on facebook. Com cspan or at x with the handle at cspan wj. We stick to the principles, or compromise, what is your view of congress . The house will return to washington and one order of business will be the election of a new speaker. Here are the candidates. Republican jim jordan of ohio and scull under speaker Kevin Mccarthy. These two say they are running from the top spot. There are potential candidates, mike johnson, Jodey Arrington, and possible Stev
Student loan forgiveness. President biden now we organize to select a new speaker. I know its going to take some time. I remind everyone we have a lot of work to do. The American People expect us to get it done. The deal we reached. We reached an agreement over the weekend. Funds for government. Another 40 days. You cannot and should not be faced with an 11th hour decision on brinksmanship on threats to shut down the government. We know what we have to do. And we have to get it done in a timely fashion. More than anything we need to change the poisonous atmosphere in washington. We have strong disagreements, but we need to stop seeing each other as enemies. We need to talk to one another, listen to one another, work with one another. We can do that. I join with minority leader jeffries in saying that our republican colleagues remain committed to working in a bipartisan fashion. We are prepared to do as well. For the good of the American People. Twice in the last six months both houses
Losing to 84. 29, the main thing keeping yields at this elevated level is that concern that the fed will keep rates for higher for longer. My gut is the fed raises one more time. Why not, it is built into the market and the question is how quickly think can they cut and it certainly will not happen before the second half of next year. My fear is that this ticks around for longer than the market expects that this ticks around for longer than the market expects. Matt Abigail Doolittle has more on this unprecedented rise in bond yields. Abigail it is incredible and the idea that we can see more mark for more height from the fed, i wouldnt be surprised if there is more than that and the question for cutting, i dont see how that comes into play given the fact that the fed has not talked about that as all. At all. Taking a look at yields, look at that huge backup. This is a big upside down world between the two year and the other parts of the curve. That two year yield above 5 and really pav
They say there is no case here. But we have a corrupt Attorney General that tried to make a case. Thank you very much. [indiscernible] mr. President , do you believe in karma . John the president walks away after speaking to cameras outside the courtroom there in manhattan, the former president insisting its a witch hunt, he did nothing wrong, that maralago was undervalued by the judge, which a lot of people would say at 18 million hes got a case to say that it was undervalued. This is going to go on for a long time. We may be hearing from the former president a lot in the days and weeks ahead. Gillian you heard him sort of tripling down, same Talking Points over the same strategy, messaging over the last two days as well, reiterating his claim maralago should be valued at closer to 1. 5 billion. John and adding the new wrinkle some republicans are floating his name for Speaker Of The House. Something well get into a little later on. Gillian i would not wish on my worst enemy. That the