To land the House speaker position, the California Republican will have to win over opponents who question his ties to Silicon Valley and his commitment to right wing causes.
Category: Democratic Party
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Kevin McCarthy’s Business Ties Complicate His Rise to Power
The New York Times – Business: -
Why the G20 Summit Matters to Investors
The New York Times – Business:Stocks rallied in Asia on Tuesday following a historic meeting between President Biden and his Chinese counterpart, Xi Jinping.
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Yellen Urges Congress to Raise Debt Limit Beyond 2024 Election
The New York Times – Business:Republicans might try to use the borrowing cap as leverage if they achieve a majority in the House or Senate, but the Treasury secretary cautioned against a “devastating economic self-inflicted blow.”
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Two County Tallies in Nevada Show Democratic Route to Senate
The New York Times – Business:The path became clearer on Wednesday night as the first post-election vote tallies in Nevada and Arizona showed Democrats faring well among mail voters.
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Roz Wyman, Who Helped Bring the Dodgers to Los Angeles, Dies at 92
The New York Times – Sports:As a City Council member, she vowed to bring Major League Baseball to the city and persuaded the team’s owner, Walter O’Malley, to move from Brooklyn.
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Republicans Denounce Inflation, but Few Economists Expect Their Plans to Help
The New York Times – Business:Proposed tax and spending cuts by the G.O.P., which is making a push to take back Congress, are unlikely to bring down rapidly rising prices any time soon.
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Democrats Spent $2 Trillion to Save the Economy. They Don’t Want to Talk About It.
The New York Times – Business:Polls show voters liked direct payments from President Biden’s 2021 economic rescue bill. But they have become fodder for Republican inflation attacks.