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Biden honors Pelosi’s career: ‘Most consequential’ speaker ‘in our history’ President Biden on Thursday honored the career of outgoing Speaker Nancy Pelosi (D-Calif.), saying that his fellow Democrat and ally is a person of dignity. “She might be stepping down from her leadership role in the House Democratic Caucus, but she will never waiver in…
Hoyer won’t seek House leadership, Clyburn coy on future House Majority Leader Steny Hoyer (D-Md.) announced Thursday he will remain in Congress next year but won’t seek a leadership position, joining Speaker Nancy Pelosi (D-Calif.) who had announced the same decision moments before. The surprise development clears the way for Rep. Hakeem Jeffries (N.Y.), the…
“FTX boss Sam Bankman-Fried slams regulators, admits mistakes” Disgraced FTX founder Sam Bankman-Fried unleashed a tirade against regulators, called “ethics” a “dumb game we woke westerners play,” and insisted his biggest mistake was filing for bankruptcy in a wild, wide-ranging interview. “I f—ed up. Big. Multiple times,” the fallen 30-year-old cryptocurrency mogul admitted to Vox…
The Memo: GOP at crossroads over Trump The Republican Party, which had hoped to be flying high following last week’s midterm elections, is instead in a state of flux — with former President Trump at the core of the unease. Trump launched his third bid for the presidency in a meandering speech at Mar-a-Lago on…
House Democrats assess a transformed Washington after losing majority House Democrats were knocked out of power at the polls this month, losing at least six seats to a Republican Party that will take control of the lower chamber next year with designs to neutralize President Biden through the second half of his first term. CNN and NBC both…
What a housing market correction could mean The U.S. housing market could be heading toward a correction after more than two years of massive price growth that has more recently been offset by the Federal Reserve’s attempt to curb inflation by raising interest rates.The central bank’s effort has led to a sharp rise in mortgage…
Greene: Any McCarthy challenge would be ‘bad strategy’ Rep. Marjorie Taylor Greene (R-Ga.) argued against any challenge to Rep. Kevin McCarthy (R-Calif.) as House minority leader, worrying that it could have unintended negative consequences in a slim majority. “I actually think that’s a bad strategy when we’re looking at having a very razor-thin majority, with…
Sen. Rick Scott calls 2022 election a ‘complete disappointment’ Sen. Rick Scott (R-Fla.) said on Friday that the 2022 midterm elections were a “complete disappointment” for Republicans, lamenting low voter turnout on Election Day. “Here’s what happened to us. Election Day, our voters didn’t show up. We didn’t get enough voters. It was a complete…
Why people worried about the fate of democracy see hope in the midterms Concerns over the future of American democracy rivaled the economy as a driving force for many voters who cast a ballot in the midterms, a sign that the Jan. 6 insurrection — and the response to it — remain fresh on voters’…
House conservatives withhold support for McCarthy, press for delay to election Conservative House Republicans are pushing for GOP leadership elections to be delayed ahead of closed-door votes next week on House Minority Leader Kevin McCarthy’s (R-Calif.) Speakership bid and other offices. It’s still not clear which party will control the House, with nearly three-dozen races…