#Rep. Dusty Johnson

[dontmeantobepoliticalbut]

A feud over spending cuts between hardline and centrist Republicans in the U.S. House of Representatives raises the risk that the federal government will suffer its fourth shutdown in a decade this fall.

Members of the hardline House Freedom Caucus are pushing to cut spending to a fiscal 2022 level of $1.47 trillion, $120 billion less than President Joe Biden and House Speaker Kevin McCarthy agreed to in their May debt ceiling compromise.

With Republicans also seeking higher spending on defense, veterans benefits and border security, analysts say the hardline target would mean cuts of up to 25% in areas such as agriculture, infrastructure, science, commerce, water and energy, and healthcare.

Centrists, who call themselves "governing" Republicans, say their hardline colleagues are ignoring the fact that their priorities are rejected by Democrats who control the Senate and White House, and that spending will wind up near the level agreed by McCarthy and Biden anyway.

The result is a major headache for centrist Republicans from swing districts that Biden won in 2020 and others with constituents in the firing line of hardline spending targets.

"The reductions are so deep," said Representative Don Bacon, a centrist Republican from Nebraska. "They want to make everything a root canal."

Hardliners view the 2024 fiscal year that begins on Oct. 1 as a test of Republican resolve to reduce the federal debt and move on to reform social programs including Medicare and Social Security.

"I don't fault any individual member for raising concerns and wanting to make sure that the bill is right for them and for their district," said Representative Ben Cline, who belongs to the Freedom Caucus, the conservative Republican Study Committee and the bipartisan Problem Solvers Caucus.

"What there has to be is an understanding that for there to be 218 Republican votes, the spending needs to be in line with pre-COVID levels rather than the debt-limit agreement."

One significant source of frustration is hardline demands for cuts to bills that have already been vetted by the 61-member House Appropriations Committee.

"We're not, willy-nilly, just trying to give money away. We're trying to focus and prioritize," said Representative David Joyce, a member of the appropriations committee who heads the 42-member centrist Republican Governance Group.

With Democrats opposed to hardline proposals, McCarthy can afford to lose no more than four Republican votes if he hopes to pass all 12 appropriations bills before funding expires on Sept. 30.

"I do not know how they get themselves out of this jam," said William Hoagland, a former Senate Republican budget director now at the Bipartisan Policy Center think tank.

TRICKY PATH

When the House returns from summer recess on Sept. 12, lawmakers will have 12 days to complete their bills and hammer out compromise legislation with the Senate or risk a partial government shutdown.

McCarthy acknowledged last week they may have to resort to a stopgap funding bill, known as a "continuing resolution," or CR, to keep federal agencies open.

That option could be complicated by hardline demands that it include some of former President Donald Trump's border policies, which Democrats reject.

Some House Republicans say the challenges are similar to disagreements McCarthy has overcome on other major legislation, including an April Republican debt ceiling bill that cemented his negotiating position in talks with Biden.

"The more appropriations bills we can get across the finish line, the more we'll have the leverage we need to negotiate a good deal with the Senate," said Representative Dusty Johnson, who chairs the Main Street Caucus, whose members describe themselves as "pragmatic conservatives".

Failure would mean another costly government shutdown starting in October, which would be the fourth in a decade.

SHUTDOWN RISK

House Freedom Caucus members say a shutdown could be necessary to achieve their objectives.

"It's not something that the members of the Freedom Caucus generally wish for," said Representative Scott Perry, who chairs the group of roughly three dozen conservatives.

"But we also understand that very little happens in Washington that's difficult, without someone or something forcing it to happen," he told Reuters.

Senate Majority Leader Chuck Schumer, the top Democrat in Congress, said last week that Republicans will be to blame for any new shutdown "if the House decides to go in a partisan direction."

Disputes over funding and policy have shut down the federal government three times in the past decade: once in 2013 over healthcare spending and twice in 2018 over immigration. A 35-day shutdown that began in December 2018 and ran into January 2019 cost the economy 0.02% of GDP, according to the nonpartisan Congressional Budget Office.

This time, the slim 222-212 House Republican majority could pay a political price. A shutdown would disrupt the lives of Americans barely a year before the 2024 election, when Republicans must defend 18 House seats in districts that Biden won in 2020.

McCarthy could face the prospect of having to resort to a CR that requires bipartisan support to pass, neutralizing the hardliners, analysts said.

That could endanger McCarthy's speakership under a deal he struck allowing a single lawmaker to move for his dismissal.

Would the House Freedom Caucus end McCarthy's reign over a CR?

"I wouldn't go that far," Perry said. "That's a final option. We want to work with the leadership. We want to work with Kevin, and we think that we can."

[rjzimmerman]

Bayer lobbies Congress to help fight lawsuits tying Roundup to cancer. (Washington Post)

The biotech giant Bayer has lobbied Congress over the past year to advancelegislation that could shield the company from billions of dollars in lawsuits, part of a national campaign to defeat claims that its weedkiller Roundup causes cancer in people who use it frequently.

The measure threatens to make it harder for farmers and groundskeepers to argue that they were not fully informed about some health and safety risks posed by the popular herbicide. By erecting new legal barriers to bringing those cases, Bayer seeks to prevent sizable payouts to plaintiffs while sparing itself from a financial crisis.

At the heart of the lobbying push is glyphosate, the active ingredient in certain formulations of Roundup. Some health and environmental authorities contend it is a carcinogen, but the federal government — which previously conducted its own review — does not. Under local laws, thousands of plaintiffs have filed lawsuits targeting Roundup over the past decade, claiming at times they were never warned that regular exposure could cause them to develop debilitating or deadly diseases, such as non-Hodgkin’s lymphoma.

Throughout the legal wrangling, Bayer has maintained that its popular weedkiller is safe, though it agreed to pay roughly $10 billion in a landmark settlement that concluded thousands of cases in 2020 without any admission of wrongdoing. Yet tens of thousands of additional claims remain unresolved, prompting Bayer to mount a nationwide lobbying campaign in hopes of reducing its risk of future liability.

In Washington, the company recently has set its sights on the sweeping legislation known as the farm bill, which Congress must adopt every five years to sustain federal agriculture and nutrition programs. The approximately 1,000-page House version of the measure contains a single section — drafted with the aid of Bayer — that could halt some lawsuits against Roundup, according to documents viewed by The Washington Post and seven people familiar with the matter, who spoke on the condition of anonymity to discuss private conversations.

The provision builds on an earlier proposal introduced by Reps. Dusty Johnson (R-S.D.) and Jim Costa (D-Calif.), two members of the House Agriculture Committee. Bayer helped craft that measure, then circulated it among lawmakers to rally support before later pushing the House to add it to the farm bill, the people familiar with the effort said. The House doesn’t yet have a vote scheduled on that package, which expires Sept. 30.

[beauty-funny-trippy]

[The following is from Republican Congressman Dusty Johnson's interview with CNN, discussing the ongoing turmoil caused by MAGA Republicans in the U.S. House of Representatives (Oct 2023)]

"If we don't change the foundational problems within our [Republican] conference, it's just gonna be the same stupid clown car with a different driver."

"If Jim Jordan and Steve Scalise can't figure out how to deal with that saboteur (Matt Gaetz), we're just going to have another blow-up, whether it's two weeks, or six weeks, or eight weeks. You know, Matt Gaetz and those hardliners, they're a real problem. And I don't think the pyromaniacs are going to be satisfied after they burn down one house. I think they're going to have an itching to go burn down a couple more."

"These guys, chaos artists, decided that we need to take a couple of weeks off from governing the country. They've been playing silly D.C. parlor games about leadership rather than having us actually get things done. And because they crave the attention, because they crave the chaos, it doesn't end here. We've got some real work to do if we're going to be a real big boy, big girl, grown-up party to govern the House." (source: Rep. Johnson's interview)

[foreverlogical]

"What do you mean by crushing my people and grinding the faces of the poor?" (Isaiah 3:15, New International Version Bible)

[cmesinic]

Excellent Quote!

[pashterlengkap]

GOP leaders beg Republicans to stop making racist comments about Kamala Harris

In a closed-door meeting this week, House Republican leaders told their colleagues to stop making racist comments about presumptive Vice President Kamala Harris, the first Black and South Asian woman to be a major party nominee. Earlier this week, two of them referred to the Democratic presidential nominee as a “DEI hire” and another implied that Democrats value Harris mostly because of her “ethnic background.” “DEI” — which refers to diversity, equity, and inclusion efforts — has become a racist and sexist right-wing dog whistle that implies that someone was hired for their social identities rather than their qualifications. In reality, Harris — who is of Jamaican and Indian descent — has much more governmental experience than the two men leading the Republican presidential ticket: former President Donald Trump and Ohio Sen. J.D. Vance, who has only served in Congress since 2022. Related Lesbian Sen. Tammy Baldwin opens for Kamala Harris’s first presidential campaign rally It’s a must-win state for the presidency, and Baldwin has already won statewide twice. In the closed-door Tuesday meeting, Rep. Richard Hudson (R-NC), who serves as Chair of the House GOP campaign arm, and other GOP House leaders reportedly warned fellow House members to stop all attacks on Harris’ racial identity. Your LGBTQ+ guide to Election 2024 Stay ahead of the 2024 Election with our newsletter that covers candidates, issues, and perspectives that matter. Subscribe to our Newsletter today Earlier this week, Rep. Tim Burchett (R-TN) referred to Harris as the “DEI vice president,” Rep. Harriet Hageman (R-WY) referred to her as a “DEI hire,” and Rep. Glenn Grothman (R-WI) wondered whether Democrats had chosen her as their new presidential candidate, following President Joe Biden’s exit, because of Harris’ “ethnic background.” When asked about @KamalaHarris candidacy, @HagemanforWY calls @VP a "DEI hire." "Intellectually, just really kind of the bottom of the barrel…I think she was a DEI hire. And I think that that's what we're seeing, and I just don't think that they have anybody else." pic.twitter.com/Dj9y4pKHrj— Josh Rultenberg (@JoshRultNews) July 23, 2024 One House Republican who attended the meeting, but who spoke anonymously to Politico, said, “We have everything going our way and [our Republican House colleagues] just can’t handle that? We’ll give you a cheat sheet if you don’t know what else to talk about.” After the meeting, House Speaker Mike Johnson (R-LA) told the aforementioned publication, “This should not be about personalities. It should be about policy. And we have a record to compare This has nothing to do with race. It has to do with the competence of the person running for president, the relative strength of the two candidates and what ideas they have on how to solve America’s problems. And I think in that comparison, we’ll win in a landslide.” Rep. Dusty Johnson (R-SD) echoed Johnson’s sentiments, saying, “[Republicans] should run this campaign based on the fact that [Harris] hasn’t done a very good job … [rather than] make allegations.” Other right-wing social media commenters have begun circulating racist claims that Kamala cannot legally run for president because she has immigrant parents or was “born in Canada.” Harris was actually born in Oakland, California, and was bestowed with U.S. citizenship upon birth, thanks to the 14th Amendment of the U.S. Constitution. Despite Republicans’ claims that she was just a “DEI hire,” Harris has over 20 years of experience serving in government. She won her 2003 election to serve as the District Attorney of San Francisco, her 2010 election to become California’s Attorney General, her 2016 election to the U.S. Senate, and her 2020 election as vice president alongside President Joe Biden. Comparatively, Trump and Vance — the Republicans’ presidential and vice presidential nominee — have a combined six years of experience working in government. Moving on from racist attacks,… http://dlvr.it/TB4Jfd

[coinnewz]

SEC Chair Gensler Calls Crypto ‘Wild West’

Share this article In an effort to grapple with the new frontier cryptocurrency markets, U.S. Securities and Exchange Commission (SEC) Chairm Gary Gensler has called for a budgetary increase for the agency. He cited the need for enhanced vigilance against potential non-compliance in this emerging sector in a speech on July 19: “We’ve seen the Wild West of the crypto markets, rife with noncompliance I am pleased to support the President’s FY 2024 request of $2.436 billion for SEC operations, to put us on a better track for the future.” Gensler, who delivered these remarks at the U.S. Senate Committee on Appropriations, emphasized the importance of the SEC’s growth in relation to the increasing complexity of capital markets. He highlighted the SEC’s enforcement division’s track record of imposing $6.4 billion in penalties and disgorgement, following 750 enforcement actions in the 2022 fiscal year: “Rapid technological innovation in the financial markets has led to misconduct in emerging and new areas, not least in the crypto space. Addressing this requires new tools, expertise, and resources.” The SEC’s stance of “regulation by enforcement” has not been without its critics, however. In fact, several lawmakers, including U.S. Representatives French Hill and Dusty Johnson, are advocating for a shift toward a legislative rule-making approach. The SEC cannot continue to regulate by enforcement. The lawsuits filed against digital asset firms are not protecting the public and are stifling innovation and growth. My letter to SEC Chair Gensler ⬇️ pic.twitter.com/RjoBNs5YQs — Rep. Dusty Johnson (@RepDustyJohnson) July 19, 2023 The representatives argue in favor of a statutory framework, a system that mandates regulatory compliance from the outset, thereby providing consumer protection before potential harm is inflicted. They conveyed this perspective to Gensler in a July 19 letter, proposing a pre-emptive strategy rather than the current reactionary enforcement actions. As the SEC faces the challenge of effectively choosing what is a security and looking for a good enough spot Bitcoin ETF to approve, the SEC views it as a way to protect investors from bad actors before they begin, as: “Such growth and rapid change also mean more possibility for wrongdoing. As the cop on the beat, we must be able to meet the match of bad actors. Thus, it makes sense for the SEC to grow along with the expansion and increased complexity in the capital markets.” Share this article The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities. See full terms and conditions. Source link Read the full article

[neyatimes]

National Guard recruit’s family cut from enlistment ceremony over COVID rules, Republican claims

EXCLUSIVE: A National Guard recruit in South Dakota is being denied the opportunity to have his family attend his enlistment ceremony due to the military’s outdated COVID-19 policies, a Republican lawmaker charged on Friday. Rep. Dusty Johnson, R-S.D., sent a letter Friday urging the leader of United States Military Entrance Processing Command – which oversees new recruits not entering through…

[michaeljfox666]

China is doing this ‘across the globe’: Rep. Dusty Johnson

[dontmeantobepoliticalbut]

Many House Republicans are furious with a band of far-right rebels who they say are holding the party hostage by repeatedly rejecting its nominee for Speaker.

But there’s one thing they’re so far unwilling to do: work with a faction of Democrats to elect a centrist Speaker to govern the narrow GOP majority and teach the rabble-rousers a lesson.

"That's really off the table," said Rep. Tom Cole, R-Okla., who has built a reputation as an institutionalist over the years. "I don't think anybody voted to do that. I don’t think that works very well in any time. I think it's particularly unsuited to these times. The polarization is too great."

Cole said that for all the House GOP divisions, "there's no question" that most members in the caucus are closer in policy and vision to the anti-McCarthy rebels than they are to centrist Democrats.

Rep. Dusty Johnson, R-S.D., who calls himself a "pragmatic conservative," also dismissed the idea as a fantasy. “Anybody who’s imagining some sort of unity or fusion approach, I think, is probably paying more attention to Aaron Sorkin movies than they are to how this place normally functions," he said.

The unwillingness of most House Republicans to cut a deal with Democrats to pick a Speaker weakens their leverage in the showdown with a group of 20 right-wing lawmakers who want to defeat Rep. Kevin McCarthy, R-Calif., who is backed by 90% of the GOP caucus. It also serves as a preview of how the moderates may operate in stalemates over must-pass bills over the next two years, like funding the government and averting debt default, which far-right members are already threatening unless the measures are attached to ambitious conservative priorities.

The GOP divisions have led to six failed ballots for Speaker — the first time in a century a House majority has required multiple attempts to elect a Speaker. They risk further damage to the Republican Party’s image after an underwhelming performance in the 2022 midterm elections that led to their current wafer-thin majority.

It’s a precarious situation for the moderate members, who are more likely to represent swing districts and could suffer the most from a tarnished party image. By contrast, the far-right Republicans mostly hail from safe red districts and face little threat of losing their seats to Democrats in a general election.

McCarthy and his deputies continued to negotiate with the right-wing forces Wednesday to address their demands, which include making it easier to overthrow a Speaker and promises involving votes on legislation, committee assignments and more. Much of the caucus sees the demands as unreasonable and irresponsible, and McCarthy himself has accused those lawmakers of acting selfishly and not in the best interest of the country.

The talks failed to produce a breakthrough Wednesday, and the House voted 216-214 to adjourn until noon Thursday.

Rep. Don Bacon of Nebraska, who represents a district President Joe Biden carried in 2020, is a rare Republican who has publicly floated the idea of working with Democrats on a consensus pick, but he acknowledged there aren’t serious negotiations at this time.

"If they're not going to work with us, then we'll push this down the court more," he said of the far-right lawmakers. "There will be folks on the other side of the aisle that will make a deal with us when it comes to working on committees and things like that. But we don’t want to go down this path too far. This is about Kevin McCarthy right now, giving them every opportunity."

As Bacon and other McCarthy allies dangle the possibility of a bipartisan speaker to secure the votes to make him Speaker, the anti-McCarthy faction is calling their bluff.

Rep. Bob Good, R-Va., who has voted against McCarthy all six times, said he doesn’t believe any Republicans would go around the House Freedom Caucus and team up with Democrats to pick a Speaker. If they did, he said, they should lose their next Republican primaries.

DEMOCRATS OPEN DOOR TO CONSENSUS SPEAKER

Some Democrats say they’re open to negotiating a consensus speaker. Progressive Rep. Ro Khanna, D-Calif., and others say they want conditions, among them that a Speaker candidate vow not to allow the debt limit to be used as a weapon to force policy concessions.

Without a Speaker, the House can’t conduct any business, raising the stakes for members of both parties who want to govern or launch investigations with each day the impasse continues.

"We have big items facing the country — everything from the debt ceiling to Ukraine to — obviously, we're going to have to run the government," said Rep. Josh Gottheimer of New Jersey, the Democratic co-chair of the bipartisan Problem Solvers Caucus. "Right now, it's on their plate. This is on their side to figure out their housekeeping. They have to pick a Speaker. But we all have a responsibility to run the country."

Gottheimer said the divided government presents opportunities for the parties to work together on domestic manufacturing, semiconductor production, immigration reform, mental health and support for police. "Will the House be set up to govern and run the country?" he said. "If their extremists win and are empowered, that makes governing more difficult for the country."

But Gottheimer's Republican co-chair in the Problem Solvers Caucus, Rep. Brian Fitzpatrick of Pennsylvania, is instead helping McCarthy negotiate with Freedom Caucus holdouts, saying the discussions have been "more productive" in small groups.

Some of McCarthy's opponents insist they won’t back down, expressing a high tolerance for chaos and willingness to keep dealing defeat after defeat to their party's leadership.

Rep. Matt Gaetz, R-Fla., said he’ll keep blocking McCarthy from the Speakership “until the cherry blossoms fall off the trees” — which typically occurs in April.

Frustration with Gaetz and his faction ran high Wednesday.

"This group has now managed to kind of snatch defeat from the jaws of victory. And in the victory was this Republican majority," Rep. Michael Waltz, R-Fla., told reporters. "There is negotiation, and then there’s holding the rest of us hostage. And 20 don't get to do that to 201."

But Waltz didn’t present a solution to tame the rebels, saying, "I'm going to vote for Kevin McCarthy as long as he’s on the ballot."

[captainmdhridoyhossain-blog]

[ad_1] Delivery bins are stacked on the Port of Lengthy Seaside in Lengthy Seaside, Calif., on Nov. 17, 2021. Congestion at U.S. ports has led to provide chain disruptions, riding up costs and resulting in a rising scarcity of products. Apu Gomes/AFP by means of Getty Pictures disguise caption toggle caption Apu Gomes/AFP by means of Getty Pictures Delivery bins are stacked on the Port of Lengthy Seaside in Lengthy Seaside, Calif., on Nov. 17, 2021. Congestion at U.S. ports has led to provide chain disruptions, riding up costs and resulting in a rising scarcity of products. Apu Gomes/AFP by means of Getty Pictures Bipartisan law that targets to assist take on provide chain woes that experience wreaked havoc at the U.S. economic system is inching nearer to President Biden's table. The Ocean Delivery Reform Act used to be authorized unanimously within the Senate chamber on Thursday after a model used to be authorized within the Area past due remaining yr. It targets to ease delivery backlogs via addressing demanding situations at U.S. ports, supporters stated. Minnesota Democratic Sen. Amy Klobuchar and South Dakota Republican Sen. John Thune led the bipartisan invoice that had 29 cosponsors within the higher chamber. It used to be handed unanimously via voice vote. "That is the start, however it is also tacking a kind of thorny issues, Klobuchar stated. "I believe it's an instance of the way the answers at the provide chain — there are lots of — and this is only one business" with extra to deal with. Bottlenecks forming for U.S. exports have performed a key position within the nation's emerging inflation. The invoice calls for ocean carriers to certify that past due charges agree to federal rules or face consequences, prohibits carriers from unreasonably declining delivery alternatives for U.S exports, and ramps up reporting necessities to the Federal Maritime Fee. It additionally empowers the fee to start up probes of provider's industry practices and observe enforcement movements. Momentum for the plan drew reward from the White Area on Friday. White Area press secretary Jen Psaki stated Biden had referred to as out ocean delivery carriers elevating their charges right through his February State of the Union deal with, announcing "those prices go via to American companies and households and give a contribution to inflation." "The Senate the day prior to this handed overwhelmingly bipartisan law to reform the sea delivery business and decrease prices for American farmers, companies and customers," Psaki advised journalists at a White Area briefing. A model of the plan handed the Area with a big bipartisan vote, 364-60, in December. With the Area passage that used to be led via California Democrat Rep. John Garamendi and South Dakota Republican Rep. Dusty Johnson, the plan now heads to ultimate negotiations for a deal that would turn out to be regulation. The law has additionally drawn the endorsement of greater than 100 organizations, together with the American Affiliation of Port Government. "That is the type of invoice we must be running on if we wish to assist alleviate our inflation scenario and strengthen the economic system," Thune, the Republican Whip, stated in contemporary ground remarks.

Sen. Amy Klobuchar, D-Minn., left, talks with Sen. John Thune, R-S.D., right through a Senate Trade Committee listening to on Capitol Hill on March 3, 2022, at the Klobuchar-Thune Ocean Delivery Reform Act. Susan Walsh/AP report picture disguise caption toggle caption Susan Walsh/AP report picture Sen. Amy Klobuchar, D-Minn., left, talks with Sen. John Thune, R-S.D., right through a Senate Trade Committee listening to on Capitol Hill on March 3, 2022, at the Klobuchar-Thune Ocean Delivery Reform Act. Susan Walsh/AP report picture Thune famous the plan guarantees that ocean carriers function beneath truthful and clear regulations, and makes it more difficult for the ones carriers to unreasonably refuse items able to be exported. Klobuchar stated she and Thune discovered about farmers and producers of their states dropping cash as a result of their merchandise weren't being shipped. Ships have been coming to U.S. ports stuffed, however left empty as a result of uploading items used to be a lot more profitable. "They have been mainly exporting air," Klobuchar stated. In the meantime, Klobuchar famous, the most commonly foreign-owned delivery container business posted file earnings, seeing a sevenfold build up in earnings to $190 billion remaining yr. "So that you had an obtrusive case that they have been fleecing their very own wallet and so they have been biased towards American items as a result of they did not wish to spend the time to load up our crates," Klobuchar stated. "They sought after to head over to different nations after which send them over to The usa. It's beautiful outrageous what is been occurring." The law, Klobuchar argues, will assist degree the enjoying box for American producers and customers via getting American exports delivered on time and for an excellent worth. Klobuchar said the invoice is one piece in a far higher puzzle. This is, provide chain troubles can be alleviated with the top of the pandemic, exertions marketplace enhancements and infrastructure fixes at U.S. ports. For now, the authors hope overwhelming congressional strengthen for the plan, together with the unanimous vote within the Senate, sends a sign to carriers to rate higher charges. If no longer, Congress should believe different law, equivalent to antitrust exemptions, subsequent, Klobuchar stated. "I believe it will put max force on those delivery conglomerates not to stay misbehaving as a result of in the event that they do, there may be in reality extra issues lets do on antitrust exemptions and others issues," she stated. "I believe once they see the unanimous vote, they know bother might be at the approach." [ad_2] #Bipartisan #invoice #deal with #provide #chain #kinks #strikes #nearer #Bidens #table #NPR

[alaturkanews]

Lawmaker who helped negotiate debt deal responds to GOP criticism

Rep. Dusty Johnson (R-SD) joins CNN's Jake Tapper to discuss the debt ceiling deal and responds to reported grumbling from some Republicans. #CNN #News

[blockchain-hero]

Auch der frühere CFTC-Vorsitzende ist sich unsicher, ob Ethereum ein Wertpapier ist

Der House Committee on Agriculture Subcommittee on Commodity Markets, Digital Assets and Rural Development trat kürzlich zusammen, um regulatorische Lücken in der Regulierung des Kassamarktes für Kryptowährungen zu diskutieren. Das Hauptaugenmerk der Diskussion lag auf der Klassifizierung von Kryptowährungen als entweder Wertpapiere oder Rohstoffe. Beide Seiten bekundeten Interesse daran, die Verabschiedung eines umfassenden Rechtsrahmens zu einer Priorität zu machen. Der Vorsitzende des Unterausschusses, Dusty Johnson, betonte die Notwendigkeit von Innovationen und dass das nächste Ethereum entstehen können sollte. Er fügte hinzu, dass eine parteiübergreifende Zusammenarbeit von entscheidender Bedeutung sei und dass die CFTC, die SEC und die staatlichen Bankenaufsichtsbehörden Teil des Gesprächs über die Spotmarktpolitik sein sollten. Der ehemalige CFTC-Vorsitzende Timothy Massad schlug einen alternativen Ansatz für das Problem der Krypto-Token-Klassifizierung vor. Der Kongress sollte die SEC und die CFTC anweisen, gemeinsame Regeln zu entwickeln, um festzulegen, was sowohl Waren als auch Wertpapiere sind. Die derzeitige Regulation-by-Enforcement-Strategie der SEC ist zeitaufwändig und unzureichend. Der Präzedenzfall vor Gericht sei nicht klar genug, fügte Massad hinzu. Die brennende Frage der Branche ist, ob Ether ein Wertpapier oder ein Rohstoff ist. Massad konnte diese Frage nicht beantworten, als er von Rep. Zach Nunn gestellt wurde. Auch SEC-Vorsitzender Gary Gensler konnte diese Frage letzte Woche vor dem House Finance Services Committee nicht beantworten. Rep. Warren Davidson fragte Gensler, ob Ether während der Anhörung eine Sicherheit sei, aber Gensler konnte keine einfache Antwort geben. Der Landwirtschaftsausschuss des Repräsentantenhauses und der Finanzdienstleistungsausschuss des Repräsentantenhauses unter dem Vorsitz des kryptofreundlichen Patrick McHenry werden nächsten Monat eine gemeinsame Anhörung zu digitalen Vermögenswerten abhalten, sagte Johnson. Es ist zu hoffen, dass diese Anhörung dazu beitragen wird, die regulatorischen Lücken zu schließen und die Klassifizierung von Kryptowährungen als Wertpapiere oder Waren zu klären. Ziel ist es, einen umfassenden Rechtsrahmen zu schaffen, der Innovationen in der Kryptoindustrie ermöglicht und gleichzeitig Investoren schützt. Insgesamt unterstreicht die Diskussion des Unterausschusses die Notwendigkeit klarer Regulierungsrichtlinien für Kryptowährungen. Die aktuelle Regulierungslandschaft ist verwirrend und es ist nicht klar, wie Kryptowährungen klassifiziert werden sollten. Der Mangel an Klarheit behindert Innovationen in der Branche und schafft Unsicherheit für Investoren. Es ist wichtig, dass der Kongress und andere Behörden zusammenarbeiten, um einen umfassenden Rechtsrahmen zu entwickeln, der klare Leitlinien für die Regulierung von Kryptowährungen bietet. Dies wird dazu beitragen, Innovationen in der Branche zu fördern und gleichzeitig Investoren zu schützen. Bildquelle: Pixabay Read the full article

[cavenewstimes]

If Congress doesn't raise the debt limit soon, the U.S. risks defaulting

If Congress doesn’t raise the debt limit soon, the U.S. risks defaulting, NPR’s A Martinez speaks with Republican Rep. Dusty Johnson of South Dakota about the GOP proposal to deal with the country’s growing debt in return for raising the debt ceiling…, 2023-04-25 11:23:00, The U.S. Capitol is seen during an event celebrating 100 days of House Republican rule last week in Washington, D.C. Anna…

[kdevasier]

House GOP Hold Poor Hostage in Debt Limit Debate

Speaking at the New York Stock Exchange on April 17th, House Speaker Kevin McCarthy (R-CA) outlined Republicans' plan on raising the debit limit before the U.S. defaults. The plan demands work requirements for Medicaid and food stamp recipients. Meaning if House Republican do not get their wish to make poor people's lives harder, then they will let the global economy burn.

Republicans have a long history of opposing food stamps (a.k.a. the SNAP program) and Medicaid. For example, after the Affordable Care Act was passed into law and Medicaid was expanded to states that wanted it, many Republican-controlled states refused, even though the federal government would have largely paid for it. And just this year, Rep. Dusty Johnson (R-SD) introduced a bill in March of 2023 that would expand current restrictions on who would qualify for SNAP.

It should surprise no one that the GOP would hold the economy hostage (and with all that it would entail) to gut programs designed to help less fortunate people. And they wonder why they cannot win elections.