Steve Bannon, a former White House strategist and ally of former President Donald Trump, has been subpoenaed by a federal grand jury in Washington, D.C. in connection with the investigation into the 2020 presidential election and the Jan. 6 attack on the U.S. Capitol. The subpoena is for documents and testimony and is part of an investigation into Trump's actions surrounding the attack and his efforts to interfere with the peaceful transfer of power. Political strategists have noted Bannon's encouragement of Trump's efforts to overturn the election and his resistance to Joe Biden's presidency.
Posts tagged as “Joe Biden”
The Senate has passed legislation to block President Biden's student loan relief program, which would cancel either $10,000 or $20,000 in debt for tens of millions of borrowers. The vote was 52-46, with a few moderate senators voting with Republicans. The legislation now goes to President Biden's desk, where he is expected to veto it.
The House Rules Committee has voted 7-6 to send the McCarthy-Biden deal to the floor, signaling support ahead of Wednesday's vote. The deal, which was negotiated by House Speaker Kevin McCarthy and President Joe Biden, has faced criticism from GOP hard-liners. Despite the criticism, the deal is expected to pass in the Republican-controlled House on Wednesday, and then move to the Senate for further scrutiny and debate.
Treasury Secretary Janet Yellen announced that the U.S. will run out of money to meet its obligations on June 5, 2023, if Congress does not raise or suspend the debt limit. The House Freedom Caucus has demanded that Yellen provide documentation and data to back up her announcement. President Joe Biden and Republican lawmakers now have more time to reach an agreement on a budget deal that lifts the debt ceiling.
President Joe Biden is expected to announce the nomination of Air Force Gen. Charles "C.Q." Brown Jr. to serve as the next chairman of the Joint Chiefs of Staff, making him the first African American to serve in both the Pentagon’s top military and civilian positions. Brown is a history-making fighter pilot with deep knowledge of China and is currently the commander of the Pacific Air Forces. If confirmed, he will take over from Gen. Mark Milley, who held the job during the Jan. 6, 2021, assault on the Capitol and the deadly withdrawal of U.S. troops from Afghanistan.
Treasury Secretary Janet Yellen has issued a warning to Congress to raise the debt limit by June 1 or risk defaulting on the government's debt. House Speaker Kevin McCarthy and President Joe Biden are negotiating a path to avoid default, but it is unclear if an agreement will be reached in time. Yellen's warning serves as a reminder of the urgency of the situation, and Congress must take action to ensure the government is able to meet its obligations.
Key takeaways: President Joe Biden and House Speaker Kevin McCarthy are meeting at the White House to discuss a path forward to avert a debt…
President Joe Biden has called on House Republicans to compromise and end their standoff over the debt ceiling, warning of catastrophic consequences if it is not raised. Treasury Secretary Janet Yellen has warned that June 1 is a "hard deadline" for Congress to raise the debt ceiling, and that the US could default on its debt if it is not raised. Biden has also placed renewed emphasis on the possibility of citing the 14th Amendment to sidestep the debt ceiling, as negotiations with Republicans continue.