Live Breaking News & Updates on John Randolph Thunecongress
Stay updated with breaking news from John randolph thunecongress. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Senate leaders are navigating demands from GOP senators that could slow down passage of a sweeping bill that would fund the government and provide $13.6 billion in Ukraine-related aid. ....
The Senate averted a government shutdown that would have thrown President Biden’s agenda into limbo when Senate Majority Leader Charles Schumer (D-N.Y.) struck a deal late Thursday with conservative Senate Republicans to ....
ADVERTISEMENT He added that he would treat Biden a hell of a lot better than [Senate Minority Leader] Chuck Schumer Which party will control the Senate next year will be decided by two runoff elections in Georgia scheduled for Jan. 5. The GOP leader hasn t said how many of Biden s Cabinet picks he would let get through on the first day of the new administration. Asked last week about Biden s Cabinet hours after he publicly congratulated the former vice president for winning the White House, McConnell demurred. Well, look, our first job here is to try to finish up this session with this administration, and we ll have plenty of time to talk about the way forward, McConnell told reporters. ....
ADVERTISEMENT Toomey’s language would rescind unused funding allocated by Congress in the March CARES Act to backstop Fed lending programs. It would reiterate that five Fed credit lending facilities will expire at the end of the year and ensure that the Treasury Department and Fed couldn’t create future clones of the program. Republicans worry that the Biden administration could otherwise use the authority to use the Federal Reserve to fund state and local governments or other priorities. Democrats argue that Republicans are trying to take away the Fed’s flexibility in responding to economic developments once Joe Biden ....
Schumer, on Saturday, said leadership was making progress on every issue except Toomey s request. This is something that only materialized in the past few days and would leave the Treasury and the Fed with less authority than it had even prior to the pandemic, Schumer said. Negotiators are also still trying to work out funding to help entertainment venues amid a push to expand that funding to zoos and other tourism-driven businesses. And Republicans are wary of adding a $90 billion pot of money for the Federal Emergency Management Agency that they worry is a back door for adding money for state and local governments. ....