Category: McCarthy, Kevin (1965- )

President Biden Is Not Backing Off His Big-Government Agenda

In his first appearance before a Republican House, the president renewed calls for large new economic programs and offered no concessions on federal spending.
Biden and McCarthy Are Set to Discuss Debt Limit as Both Sides Trade Barbs

The hours leading up to the meeting have highlighted the differences between the White House and the Republicans who now control the House.
Biden Demands Details on Budget Cuts From McCarthy

Ahead of a meeting at the White House on Wednesday, administration officials demanded that Republicans commit to avoiding a default on federal debt.
Elon Musk Meets With House Speaker Kevin McCarthy

Elon Musk, the billionaire owner of Twitter, met with House Speaker Kevin McCarthy, stoking speculation about what the two had discussed.
Wall Street Sets Low Expectations for Corporate Earnings

Earnings season kicks off this week, and analysts expect a big drop in corporate profits and more announcements about layoffs.
Speaker Drama Raises New Fears on Debt Limit

An emboldened conservative flank and concessions made to win votes could lead to a protracted standoff on critical fiscal issues, risking economic pain.
C-SPAN and Cable News Get a Boost From the House Speaker Vote

C-SPAN, the low-fi cable network beloved by the Congressional cognoscenti, has gotten a major boost in attention for its coverage of the House floor, now the site of a political battle for the ages.
Kevin McCarthy’s Business Ties Complicate His Rise to Power

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.
Tesla Investors Fear for a Tough 2023

A huge sell-off wiped billions of dollars from the electric carmaker’s market capitalization on Tuesday. Analysts see more trouble ahead.
How Sam Bankman-Fried Negotiated His Bail

Intense legal wrangling led to the disgraced crypto mogul paying virtually nothing to live with his parents ahead of his upcoming trial. He returns to court on Tuesday.
Inside Biden’s State Dinner: Hot Dog Talk and a Party That Lasted Until 1 A.M.

At one point, the bartenders ran out of glassware, depriving some invitees of social lubricant after years spent in a pandemic.
Debt Limit Showdown Looms as White House Braces for a Divided Washington

G.O.P. threats to leverage the full faith and credit of the United States to force spending cuts have raised alarm about a debt showdown next year — and talks about how to head one off in the coming weeks.