#CAPITOLHILL News

Kevin O’Leary: Binance Will Be “Starved of Oxygen” by SEC’s Lawsuit
decrypt.co Canadian entrepreneur and “Shark Tank” star Kevin O'Leary believes crypto cowboys will soon become a thing of the past, as the Securities and Exchange Commission (SEC) casts…

JPMorgan CEO after overseas visit: China "not a 10-foot giant"
foxbusiness.com JPMorgan Chase CEO Jamie Dimon — fresh off a high-profile visit to Asia — told the media Tuesday that the Biden administration is on the right track when confronting the…

GOP Hardliners Revolt Against McCarthy’s Leadership As Gaetz Vows to Fight to End the ‘Imperial Speakership’
mediaite.com House Speaker Kevin McCarthy (R-CA) suffered a blow to his leadership on Tuesday from within his own party as a dozen hard-right GOP House members voted down a rule to bring…

Federal judge blocks Florida's ban on gender-affirming care for three trans youths
cnbc.com Democratic members of the U.S. House of Representatives pose for a photograph holding LBGT+ and Transgender Pride flags on the steps of the U.S. Capitol ahead of a vote on…

Gary Gensler: We Don’t Need More Digital Currency, We Have the Dollar
beincrypto.com The chair of the Securities and Exchange Commission (SEC), Gary Gensler, has never been a fan of cryptocurrency. Now he has come out and said the world does not need more…

Biden's crypto cop taunts Republicans
politico.com House Republicans wanted the spotlight this week to sell a new plan to revamp the rules for crypto. SEC Chair Gary Gensler — President Joe Biden's top financial market cop —…

Parallel reparations efforts gain momentum in California and Capitol Hill
nbcnews.com As California prepares to release a report that will recommend reparations for descendants of enslaved people, federal lawmakers are pursuing their own efforts to redress…

A federal judge says she'll reveal who is backing George Santos' bond, but she's giving the GOP lawmaker one last chance to appeal
businessinsider.com Rep. George Santos leaves a GOP caucus meeting on Capitol Hill on January 25, 2023. Anna Moneymaker/Getty Images A federal judge plans to release the names of the people who…

The Senate Is Getting a Crash Course on How to Regulate AI
vanityfair.com Senate Majority Leader Chuck Schumer on Tuesday announced a series of bipartisan hearings on artificial intelligence to “keep abreast of the extraordinary potential, and…

Rep. George Santos mystery bail backers' identities must be revealed, judge rules
cnbc.com Rep. George Santos, R-N.Y., speaks to reporters after a vote to send a resolution to the Ethics panel in an attempt to expel him from the House, on Capitol Hill on…

Defeated and deflated, Freedom Caucus backs off anti-McCarthy push
msnbc.com Last week, members of the far-right House Freedom Caucus weren’t content to oppose the bipartisan budget deal that resolved the Republicans’ debt ceiling crisis. They also…

U.S. Economic Update: Inflation, The Deficit, And The Debt Limit
forbes.com Tax Analysts’ chief economist Martin Sullivan provides an overview of the state of the economy and how the recent debt limit bill could affect it. This transcript has been…

If Crypto Wants Institutional Dollars, It Needs an ESG Game Plan: Consensus 2023 Attendees
coindesk.com A sizable portion of the world’s institutional money now has an environmental, social and governance (ESG) mandate. Global ESG-related assets under management (AUM) are…

Merck sues over Medicare price negotiations
washingtonpost.com The drug company Merck filed a lawsuit Tuesday in a bid to block the Biden administration’s plan to curb drug prices paid by the Medicare insurance program. After years of…

The Senate will hold three bipartisan, senators-only briefings on artificial intelligence
politico.com News and analysis from Capitol Hill for when you only have a few minutes, from POLITICO.

Rep. Jim Jordan demands DOJ memo outlining scope of Trump probe
nbcnews.com WASHINGTON — House Judiciary Committee Chairman Jim Jordan, a top Trump ally, is calling on the Justice Department to provide lawmakers with internal documents laying out…

Coinbase, Robinhood, CFTC to testify in Congress over draft crypto bill
cointelegraph.com Coinbase, Robinhood, and representatives from the United States commodities regulator are set to testify before Congress on June 6 to discuss a newly proposed crypto bill.…

Mike Rowe is on a mission to reverse the 'unspeakable stupidity' of devaluing work
washingtonexaminer.com A few months ago, Mike Rowe stumbled upon a 2011 video of himself speaking in front of the Senate Commerce, Science, and Transportation Committee during the Obama…

Coinbase Chief Legal Officer Heads to Capital Hill to Testify on Crypto Clarity
beincrypto.com Coinbase is sending its chief legal officer to present its case on why clarity is needed for crypto regulations. Meanwhile, the Securities and Exchange Commission continues…

Jen Psaki Airs Video of Lauren Boebert Being Told She’s Too Late to Cast Vote: ‘I Can’t Stop Watching That’
mediaite.com MSNBC’s Jen Psaki had a grand old time watching footage of Rep. Lauren Boebert (R-CO) frantically running up the Capitol steps to vote against a bill, only to learn voting…

Rep. George Santos says he'd rather forfeit his $500,000 bond and go to jail than out the people who guaranteed the money: court docs
businessinsider.com Rep. George Santos on Capitol Hill on January 25, 2023. Andrew Harnik/AP Photo Rep. George Santos has asked a judge to keep the names of the people who guaranteed his…

Hunter’s Laptop All Over Again
wsj.com James Comer Jr. speaks during a news conference on House Republicans’ investigation into the Biden family on Capitol Hill in Washington, May 10. House Oversight Committee…

Rep. James Comer to move ahead with contempt proceedings against FBI Director on Thursday
nbcnews.com WASHINGTON — House Oversight Committee Chairman James Comer, R-Ky., announced Monday that his panel will start proceedings to hold FBI Director Christopher Wray in contempt…

Gary Gensler Is a National Disgrace: It’s Time to Rein Him In
blockworks.co Gary Gensler is the chair of the SEC, and he is not a popular man. While rumor has it that he seeks Janet Yellen’s Treasury role at some point, sources on Capitol Hill…

Mike Pence moves forward with 2024 plans, despite difficult odds
msnbc.com In recent months, no one has seriously doubted that former Vice President Mike Pence would move forward with his 2024 ambitions. The question was when, not whether, the…

Marjorie Taylor Greene slams Steve Bannon after he calls for primary challenge, saying she's 'done' with him in fiery texts to Matt Gaetz
businessinsider.com Republican Rep. Marjorie Taylor Greene of Georgia on Capitol Hill on November 10, 2022. Tom Williams/CQ-Roll Call via Getty Images Rep. Marjorie Taylor Greene, the…

As Army Chief McConville Prepares To Depart, His Service Is In Its Best Shape In Decades
forbes.com It is now less than 60 days until General James McConville, the Army’s 40th Chief of Staff, ends his active military career by entering retirement. Like his childhood…

Democratic Senate hopeful claims primary residence in Arizona
politico.com When Arizona Senate candidate Ruben Gallego bought a house near Capitol Hill last year, he claimed the Washington property as his primary residence as part of a special…

Capitol Police Halt Christian Children's Choir Performance, Apologize
zerohedge.com Capitol Police Halt Christian Children's Choir Performance, Apologize US Capitol Police issued an apology for halting a Christian children's choir performance of the…

Warren's Alleged Work With Short-Seller Shows Anti-Crypto Army Heating Up
zerohedge.com Warren's Alleged Work With Short-Seller Shows Anti-Crypto Army Heating Up Authored by Alex O'Donnell via CoinTelegraph.com, Elizabeth Warren reportedly took advice from Wall…

Warren’s alleged work with short-seller shows anti-crypto army heating up
cointelegraph.com What do progressive Democrats, Republican national security hawks and Wall Street traders have in common? They are all apparently enlisting in United States Senator…

Kari Lake releases protest song called '81 million votes, my a**'
newsweek.com Republican firebrand Kari Lake has released a protest song titled "81 Million Votes, My A**," which promotes the discredited conspiracy theory that Joe Biden didn't really…

California has the country’s strongest animal welfare law. Now it just needs to be enforced
vox.com Pigs en route to slaughter in California. | Bobby Sud/We Animals Media The Supreme Court sided with pigs. Will California? Last month, in a welcome surprise to animal…

The New York Times launches “enhanced bylines,” with more information about how journalists did the reporting
niemanlab.org Starting Thursday, New York Times stories online will no longer include a traditional dateline that tells where a story was reported from. Instead, certain stories will have…

How TikTok broke social media
economist.com I up? As the social-media app’s chief executive, Shou Zi Chew, was getting ready for a grilling before Congress on March 23rd, after The Economist went to press, TikTok’s…

What walking from Washington to New York reveals about America
economist.com H to the masters of America’s Northeast megalopolis that the transit system has failed to compress the tedious 225-mile interval between Washington and New York. If the gods…

America may be a step closer to banning TikTok
economist.com “Y should be banned.” The statement from Cathy Rodgers, a Republican congresswoman, kicked off a five-hour evisceration of TikTok’s chief executive, Shou Zi Chew, by…

The high-profile Americans who defected to Putin's Russia
newsweek.com Tara Reade, the former political staffer who alleges President Joe Biden sexually assaulted her in 1993, announced she had moved to Russia where she "felt safe," and is…

The crisis is over for now, but the debt ceiling still needs to go
msnbc.com As Congress prepared to wrap up work on a budget deal that resolved the Republicans’ debt ceiling crisis, Senate Majority Leader Chuck Schumer declared last night, “America…

Capitol Police blame "miscommunication" for Star-Spangled Banner strife
newsweek.com The U.S. Capitol Police (USCP) say that a "miscommunication" was to blame for a children's choir performance being "impacted" at the Capitol. Conservative lawmakers…

YouTube will stop removing false claims about 2020 election fraud
cnbc.com Former U.S. President Donald Trump's YouTube account is seen on a mobile phone and laptop computer after being restored by Google and its parent company Alphabet Inc, as…

Stock market today: Dow in weekly win on blowout jobs report; U.S. averts default By
investing.com Investing.com -- The Dow racked up gains Friday, wrapping up a weekly win as investors cheered strong labor market data, and news the debt-ceiling bill could likely be…

S&P 500 rallies as jobs report surprises to upside, U.S. averts default
investing.com Investing.com -- The S&P 500 surged Friday as the measure aimed at lifting the debt ceiling passed the final hurdle to put the U.S. on track to avoid a default, while a…

Markwayne Mullin’s whiny race question has an obvious answer
msnbc.com Hearings on Capitol Hill sometimes include ... let’s just say odd moments. But on Thursday we saw something just straight-up bizarre during a hearing of the Senate’s Health,…

Biden Whistleblower: FBI Bringing Document To Capitol As GOP Plans Contempt Proceedings Against Director Wray
forbes.com FBI Director Christopher Wray will allow House Oversight Committee Chairman James Comer (R-Ky.) and ranking member Jamie Raskin (D-Md.) to review a subpoenaed document at…

U.S. Capitol Police have stopped using Chinese-made drones
nbcnews.com WASHINGTON — U.S. Capitol Police said it has stopped using drones manufactured by a Chinese company, which had garnered some attention in Congress. The confirmation came as…

Market Focuses on Possible Hike ‘Skip’ in June After May Jobs Report
blockworks.co A Bureau of Labor Statistics report released on Friday morning showed yet another month of hot employment data, prompting more discussion about what the Fed will do when it…

FBI to show House Oversight leaders document in Biden probe on Monday
nbcnews.com Create your free profile or log in to save this article Create your free profile or log in to save this article The FBI will let the chair and ranking member of the House…

India’s Modi set to be 4th world leader to address U.S. Congress twice
semafor.com The News Indian Prime Minister Narendra Modi is set to address a joint session of Congress on June 22, officials announced Friday. "During your address, you will have the…

Hill leaders invite India's Modi to address Congress
politico.com News and analysis from Capitol Hill for when you only have a few minutes, from POLITICO.

With bipartisan breakthroughs, Biden succeeds where Trump failed
msnbc.com After watching his hapless, scandal-plagued presidency unfold over four years, it’s easy to forget that Donald Trump presented himself to voters in 2016 as a guy who knew…

RIP Iranian Nuclear Deal?
newsweek.com The Iranian nuclear program remains a heavy albatross around the Biden administration's neck. The United States and its European allies haven't engaged in substantive…

Southeast Asian trade partners push for EV tax perks
politico.com Southeast Asian nations are trying to get in on U.S. tax perks for electric vehicles. The Philippines, Malaysia and Indonesia are among the countries calling on U.S. trade…

Inside Sinema and Manchin’s covert debt deal operation
politico.com Many people in Washington were surprised when May’s debt ceiling negotiations quickly narrowed down to House Speaker Kevin McCarthy, his lieutenants and top White House…

FinTech IPO Index Rallies 3.4%, SoFi Soars on Optimism Over Student Loans
pymnts.com The FinTech IPO Index’s 3.4% gains were outpaced this week by outsized momentum in names like SoFi, while earnings reports in other holdings continued to impact trading.…