ECB Starts Preparation for Digital Euro in Multi-Year Project
Oct. 18 By Francesco Canepa FRANKFURT (Reuters) – The European Central Bank took a further step on Wednesday towards launching a digital version of the euro that would let people in the 20 countries that share the single currency make electronic payments securely and free…
Biden Cuts China off From More Nvidia Chips, Expands Curbs to Other Countries
Oct. 17 By Alexandra Alper WASHINGTON (Reuters) -The Biden administration plans to halt shipments to China of more advanced artificial intelligence chips designed by Nvidia and others, part of a raft of measures released on Tuesday that seek to stop Beijing from receiving cutting-edge U.S….
US Senator Menendez’s Arraignment on New Charges Moved to Oct. 23 -Judge
Oct. 16 By Jasper Ward WASHINGTON (Reuters) – U.S. Senator Bob Menendez’s arraignment on new charges that he conspired to act as a foreign agent for Egypt has been rescheduled for Oct. 23, a federal judge in New York said on Monday. Menendez had been…
Will Jim Jordan bully his way to the speakership?
Oct. 14 By RACHAEL BADE Back in September 2016, Rep. Jim Jordan was on a crusade: He wanted the House to launch impeachment proceedings against IRS Commissioner John Koskinen over allegations that the agency had targeted conservatives. But Jordan (R-Ohio) had a problem: GOP party…
Republicans ramp up search for an escape hatch from speaker chaos
Oct. 13 By SARAH FERRIS Centrists are signaling they’re open to a deal. Democrats are outlining terms. With no speaker in sight yet, House Republicans are ramping up their discussions about a way to reopen the chamber. A bipartisan solution to the GOP’s leadership chaos…
Empty speaker’s office aggravates House-Senate beef
Oct. 7 By BURGESS EVERETT The chaos-ridden, speaker-less House is threatening to stymie a host of bipartisan legislative efforts across the Capitol — and senators are getting really tired of it. Forget the expectations earlier this year of achieving even modest policy reforms, or passing…
Inside the bipartisan deal that might have saved Kevin McCarthy
Oct. 6 By SARAH FERRIS Centrists in the House attempted to engineer a last-minute bipartisan power-sharing agreement that could have saved Kevin McCarthy’s speakership — a frantic but failed effort that continued just hours before the fateful vote. Democrats in the bipartisan Problem Solvers Caucus…
Democrats have relied on one company’s tools to power its campaigns. They’re now facing a possible collapse.
Oct. 5 By BRITTANY GIBSON A company at the center of the Democratic Party’s digital strategy is on the verge of a meltdown — sparking alarm among a broad constellation of liberal groups that are relying on it ahead of 2024. NGP VAN provides tools…
The bewilderment and schadenfreude the White House feels over McCarthy’s ouster
Oct. 4 By ADAM CANCRYN President Joe Biden and his advisers never saw former House Speaker Kevin McCarthy as trustworthy. But the latter’s demise did not spark much joy in the White House. The president and his advisers played no role in the House vote…
McHenry named as acting speaker
Oct. 3 By KATHERINE TULLY-MCMANUS Rep. Patrick McHenry is now the acting speaker, the House Clerk announced immediately after Kevin McCarthy was stripped of the gavel in a historic House vote. The speaker pro tempore is imbued with all the powers of an elected speaker…