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Federal prosecutors have filed criminal charges against Rep. George Santos (R-N.Y.), who is the subject of intense scrutiny over his resume and finances and has faced bipartisan calls to resign, a source familiar confirmed to The Hill. The charges remain under seal and were filed in the Eastern District of New York, according to multiple…
Speaker Kevin McCarthy (R-Calif.) on Tuesday shot down the idea of moving a short-term debt ceiling hike to prevent a government default. Just hours before McCarthy is scheduled to meet with President Biden on the issue, the Speaker said the sides should come together to negotiate a compromise — combining a debt ceiling increase with sharp…
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The partisan standoff over the debt limit, which hardened over the weekend when 43 Senate Republicans said they would not support a clean debt-limit increase, sets the stage for severe turbulence in the financial markets, experts warn. The yield on Treasury bonds maturing next month spiked last week, signaling that investors are already preparing for…
Rep. Marjorie Taylor Greene (R-Ga.) called on Monday for the public release of security camera footage taken during the Capitol attack on Jan. 6, 2021. Speaker Kevin McCarthy (R-Calif.) in February granted access to some 44,000 hours of footage to then-Fox News host Tucker Carlson. Carlson aired some clips in March and promised to air…
President Biden and his team are approaching the prospect of a debt ceiling escape hatch that hinges on the 14th Amendment with extreme caution ahead of a pivotal meeting with congressional leaders at the White House on Tuesday. Some officials have openly voiced concerns about the legal standing of using the 14th Amendment to solve…
Rep. Nancy Mace (R-S.C.) feels like she is on a political island. The second-term Republican representative from South Carolina has become one of the most vocal critics of her own party on core issues and has found herself at the center of key votes in the new Congress. Most recently, she was one of the…
Top political figures are swirling the possibility that President Biden could use the powers of a clause in the 14th Amendment as a last-ditch effort to ward off the looming threat that the U.S. could default on its debt as soon as next month. When asked about possibility of invoking the amendment, President Biden as…
Senate Minority Leader Mitch McConnell (R-Ky.) has signed onto a letter stating he and more than 40 members of the Senate GOP conference will not back “any bill that raises the debt ceiling without substantive spending and budget reforms,” according to sources. The letter is addressed to Senate Majority Leader Chuck Schumer (D-N.Y.) and would…
President Biden on Friday said he believes Speaker Kevin McCarthy (R-Calif.) is an “honest man” ahead of a high stakes meeting next week on the debt ceiling, but lamented that McCarthy is in some ways hostage to the right wing of the GOP. “I think he’s an honest man,” Biden told MSNBC’s Stephanie Ruhle when…