US Politics

In the latest leaked behind-the-scenes video of Tucker Carlson, the now fired rightwing Fox News host makes insinuating comments about a makeup artist, about what women do in the bathroom and if they ever have pillow fights.The footage was published on Thursday by the progressive watchdog Media Matters for America.In the video, Carlson asks the unnamed staffer, “When they go to the ladies room and ‘powder their noses’, is there actually nose-powdering going on?”The woman says: “Sometimes.”Carlson says: “Oooh. I like the sound of that.”The footage follows the leak to the same outlet of video of Carlson making coarse remarks about a woman and Fox News viewers; a discussion of sexual technique with the British TV host Piers Morgan; disparaging remarks about the Fox Nation streaming service; and comments about a lawyer who deposed Carlson in the Dominion Voting Systems defamation suit, who the host calls a “slimy little motherfucker”.That $1.6bn suit, over Fox News’s broadcast of Donald Trump’s lies about the 2020 US election, was settled last month for $787.5m. Shortly after that, in a surprise development, Carlson was summarily fired.Why Fox News decided to remove its star prime-time anchor is the subject of widespread reporting.Earlier this week, the New York Times published a racially inflammatory text message Carlson sent after the Capitol attack. That message was redacted in Dominion filings but other messages, including abusive comments about Trump advisers and allies, were released.Comments about Fox News executives were also reportedly linked to Carlson’s firing, including one in which he is reported to have called a female executive a “cunt”. A former booker on Carlson’s show also filed suit, alleging a misogynistic working atmosphere.Fox News has not commented on why Carlson was fired. It has called the suit from the former booker, Abby Grossberg, “unmeritorious” and “riddled with false allegations against the network and our employees”.Last week, a person close to Carlson told the Guardian the firing was not over abusive messages or crude comments.“An elderly Australian man” – the Fox News owner, Rupert Murdoch, 92 – “fired his top anchor with no warning because he was so offended by a dirty word? Stupidest explanation ever. Please. A big decision requires a powerful motive. Naughty words in text messages don’t qualify.”In the footage released on Thursday, Carlson is seen on-set, having makeup applied by an unidentified woman. He says: “Can I ask you a question? You don’t have to answer, it’s personal.”The woman indicates assent.Carlson says: “I’m not speaking of you, but more in general with ladies, when they go to the ladies room and ‘powder their noses’, is there actually nose-powdering going on?”The woman says: “Sometimes.”Carlson says: “Oooh. I like the sound of that.”The woman says: “Most of the time, it’s lipstick.”Carlson says: “Do pillow fights ever break out? You don’t have to, you don’t have to –”The woman says: “Not in the bathroom.”Carlson says: “OK. Not in the bathroom. That’d be more a dorm activity.”After an unintelligible remark off camera, Carlson apologises.“I’m sorry,” he says. “You are such a good sport. Such a good person. Thank you. I know you do, but you do not deserve that. And I mean it with great affection.” More

The Hungarian leader Viktor Orbán has called for Donald Trump’s return to office, claiming their shared brand of hard-right populism is on the rise around the world, in a speech to US Republicans and their European allies in Budapest.Orbán was addressing the second annual meeting of the US Conservative Political Action Coalition (CPAC) in the Hungarian capital, aimed at cementing radical rightwing ties across the Atlantic. He said that conservatives have “occupied big European sanctuaries”, which he listed as Budapest, Warsaw, Rome and Jerusalem. He added that Vienna “is also not hopeless” .He noted that Washington and Brussels were still in the grip of liberalism, which he described as a “virus that will atomize and disintegrate our nations”.The Orbán government has made tentative approaches to open contacts with Ron DeSantis, with the Hungarian president, Katalin Novák, flying to meet the Florida governor in Tallahassee in March, but at Thursday’s CPAC conference it was overwhelmingly Trumpist, and Orbán threw his full-throated support behind the former US president.He said: “I’m sure if President Trump would be the president, there would be no war in Ukraine and Europe. Come back, Mr President. Make America great again and bring us peace.”The prime minister, who last year won his fourth consecutive term in office, portrayed Hungary’s self-described “illiberal Christian democracy” – widely criticised for its constraints on media and academic freedom, and for its anti-LGBTQ+ legislation – as a model for the world.“Hungary is an incubator where the conservative policies of the future are being tested,” Orbán said.The conference site, a modernist building called the Bálna, or whale, was festooned with messages echoing that theme. A gateway on the main path to the entrance declared it a “no-woke zone”. Inside, a huge map of Hungary was emblazoned with the words: “No country for woke men.”Some guests arrived in T-shirts that displayed Orbán and Trump together as “peacemakers” and “saviors of the world”. The event’s 2023 motto was “United we stand”.On its first day, the CPAC conference watched a 25-second video greeting from Tucker Carlson, a keen admirer of Orbán, which was clearly recorded before he was fired by Fox News last week.“I wish I was there in Budapest. If I ever get fired, have some time, and can leave, I’ll be there with you,” Carlson promised.Most independent journalists were refused accreditation for the event, in a country where the International Press Institute has said media freedom “remains suffocated”. During the Covid outbreak, Orbán’s government passed a law imposing prison sentences of up to five years for spreading disinformation. Hungarian journalists say the law was being used to deny them access to information, and on occasion to threaten them.The CPAC chair, Matt Schlapp, said Hungary was a model for dealing with journalists. He said that he told the event’s Hungarian organisers his team “would determine who a journalist is”, adding that was “quite revolutionary for the Americans, because in America a journalist tells them who is a journalist and we treat them like a journalist”.Schlapp said that in Hungary journalists had to follow certain rules about writing the truth and presenting “both sides” of a story.Orbán could point to a widening of the radical right coalition this year, with the presence of the Georgian prime minister, Irakli Garibashvili, who praised his Hungarian counterpart as “far-sighted” and stressed his party Georgian Dream’s commitment to prioritising “family values” over “LGBTQ propaganda”. More

Senate Democrats held a hearing on Thursday to lambaste House Republicans’ proposal to raise the US government’s borrowing limit in exchange for spending cuts, as economists testified that a federal default would bring disastrous and decades-long consequences.The hearing came a week after House Republicans narrowly passed the Limit, Save, Grow Act to raise the debt ceiling until May 2024. The legislation, championed by the House speaker, Kevin McCarthy, would also roll back federal discretionary spending to 2022 levels and cap annual increases at 1%.Mocking the bill as the “Default on America Act”, Democrats warned that the legislation would result in devastating cuts to veterans’ benefits, childcare access and infrastructure funding.“Republicans’ dangerous bill proposes a terrible choice: default on our financial obligations, causing widespread pain and wrecking our economy, or gut basic federal programs essential to our economic strength, causing widespread pain and wrecking our economy,” said Senator Sheldon Whitehouse, the Democratic chair of the Senate budget committee. “It is a false and unnecessary choice.”Republicans on the committee countered that the House bill should be interpreted as an “opening bid” to kickstart negotiations with Joe Biden, who has repeatedly called on Congress to pass a “clean” bill raising the debt ceiling without any strings attached. Biden has invited the top four congressional leaders to a meeting at the White House next week to discuss the debt ceiling.“I hope when the president sits down with the speaker, he will bring an open mind and a serious counteroffer,” said Senator Chuck Grassley, the Republican ranking member of the budget committee. “The longer the president spends dragging his feet and putting off negotiations, the closer President Biden brings us to the first ever federal default in US history.”Three economists testified to the committee that a default would prove calamitous for the country and global markets, causing America’s unemployment rate to rise and its gross domestic product (GDP) to tumble.Dr Mark Zandi, chief economist of Moody’s Analytics, predicted a “severe recession” in the US if lawmakers do not address the debt ceiling. The treasury secretary, Janet Yellen, sent a letter to congressional leaders on Monday informing them that the US government would be unable to cover its financial obligations as early as 1 June.Zandi added that this moment is “an especially inopportune time to have a political debate over the debt limit” because the current risk of an American recession is “uncomfortably high”. That risk heightens the danger of enacting House Republicans’ bill, Zandi argued.“It entails significant cuts to government spending … right at the point in time when the economy is going to be most vulnerable to going into recession,” Zandi said.But all three economists also agreed that the “unsustainable” trajectory of America’s debt must be met with urgency by policymakers.“We are sitting on a ticking timebomb,” said Brian Riedl, a senior fellow at the conservative thinktank Manhattan Institute. “Congress should be working diligently to avert an otherwise inevitable debt crisis, and raising the debt limit has historically been one opportunity to address the underlying debt problem.”Democrats expressed openness to amending the federal budget for the next fiscal year, which begins in October, but they emphasized that such a discussion must be separated from the immediate need to address the debt ceiling.“If we want to have a real discussion about revenues and spending, that’s great,” said Senator Debbie Stabenow, a Democratic member of the committee. “Don’t default. But let’s have that debate about what’s fair for the majority of American people.”Biden has similarly invited a bipartisan conversation on budgetary reform, but he has steadfastly rejected Republican efforts to tie the debt ceiling to government spending negotiations.“America is not a deadbeat nation,” Biden said on Monday. “We pay our bills, and we should do so without reckless hostage-taking from some of the [‘Make America Great Again’] Republicans in Congress.”Whitehouse noted Senate Democrats have introduced a two-page bill raising the debt ceiling until December 2024, ensuring the issue would not be revisited until after the next presidential election, but such a bill seems unlikely to pass the Republican-controlled House. Democrats in the House have simultaneously launched a long-shot bid to pass a clean debt ceiling bill through the lower chamber, but the odds of five of their Republican colleagues joining that effort seem slim to none.As the clock ticks down, lawmakers are running out of time to avoid catastrophe, Zandi testified.“We are on a certain unsustainable fiscal path. We need both additional tax revenue and we need spending restraint. Both of those things need to happen. But we can’t do that in the current environment,” Zandi told senators. “This is not the time to do it. We need to end this drama as quickly as possible.” More

Bernie Sanders on Thursday announced a proposal to raise the federal minimum wage to $17 an hour, saying the potent inflation Americans have faced over the past two years makes it necessary for the government to institute higher wages for workers.Sanders intends to next month formally introduce legislation raising the minimum wage over a five-year period to a level $2 higher than the $15 an hour Joe Biden and many Democrats have pushed for in recent years. But there is no sign of Republicans wavering in their opposition to the proposal.“As a result of inflation, $15 an hour back in 2021 would be over $17 an hour today,” said Sanders, an independent senator who caucuses with the Democrats. “In the year 2023, in the richest country in the history of the world, nobody should be forced to work for starvation wages. That’s not a radical idea. If you work 40-50 hours a week, you should not be living in poverty. It is time to raise the minimum wage to a living wage.”Congress has not approved a minimum wage increase since raising the level to $7.25 an hour in 2009, where it remains for workers in 20 states. Voters in several states and cities across the country have approved raising their minimum wage to $15 an hour, but progress on a national increase has remained elusive.In 2021, Democrats attempted to raise the minimum wage to $15 an hour as part of a large spending bill intended to help the US economy recover from the Covid pandemic, but the effort failed, in part due to the defections of eight Democratic lawmakers.Biden later that year signed an executive order raising the minimum wage for federal contractors, which affected as many as 390,000 workers, but the president has not said if he supports the increase to $17 an hour. A White House spokesman did not respond to a request for comment.In the two years since, Americans have faced the highest inflation since the 1980s, with consumer price increases hitting an annualized peak of more than 9% in June 2022, though they have moderated in recent months. While workers’ wages also increased over that period in part because of a tight labor market, the pace has not kept up with inflation.“As a home healthcare worker, I make just $12 an hour. I worked in fast food for over 30 years and I never, never made $15 an hour. And now $15 isn’t even enough for what we’re going through today,” said Cookie Bradley, a founding member of the Union of Southern Service Workers, who joined Sanders in the announcement.Although Sanders was supported by the heads of major labor groups the AFL-CIO and Service Employees International Union (SEIU), he said little about how he planned to overcome objections both from Republicans and reluctant Democrats.He said: “This is a popular issue. I don’t think there’s a state in the country where people do not believe we should raise the minimum wage. I would hope that every member of Congress understands that and there will be political consequences if they don’t.”Republicans, who took control of the House of Representatives this year, have shown at best lukewarm enthusiasm for a minimum wage rise, and have instead focused on trying to convince Americans that Biden is to blame for the rapid inflation. In 2021, Republican senators introduce two proposals, one that would raise the federal minimum wage to $10 an hour, and another that would give a tax credit for workers who make less than $16.50 an hour. Neither went far in the Senate, which Democrats currently control.The SEIU president, Mary Kay Henry, said her millions of members would be keeping an eye on which lawmakers support Sanders’s proposal.“We are going to be watching any congressperson, senator or in the House, that dares to say that they are not going to vote yes for Senator Sanders’ bill, because they need to be held accountable at the ballot box,” Henry said. More

In 1938, as a result of a massive grassroots effort by the trade union movement, the Fair Labor Standards Act was enacted by Congress to reduce the work week to 40 hours. Back then, the American people were sick and tired of working 80, 90, 100 hours a week with very little time for rest, relaxation or quality time with their families. They demanded change and they won a huge victory. That’s the good news.The bad news is that despite an explosion in technology, major increases in worker productivity, and transformational changes in the workplace and American society, the Fair Labor Standards Act has not been reformed in 80 years. The result: millions of Americans are working longer hours for lower wages, with the average worker making nearly $50 a week less than he or she did 50 years ago, after adjusting for inflation. Further, family life is suffering, as parents don’t have adequate time for their kids, life expectancy for working people is in decline, and increased stress is a major factor in the mental health crisis we are now experiencing.Compared with other countries, our workplace record is not good. In 2021, American employees worked 184 more hours than Japanese workers, 294 more hours than British workers, and 442 more hours than German workers. Unbelievably, in 2023 there are millions of Americans who work at jobs with no vacation time.It’s time to reduce the work week to 32 hours with no loss in pay. It’s time to reduce the stress level in our country and allow Americans to enjoy a better quality of life. It’s time to make sure that working people benefit from rapidly increasing technology, not just large corporations that are already doing phenomenally well.Think about all of the extraordinary changes that have taken place in the workplace over the past several decades. When I was elected mayor of Burlington, Vermont, in 1981, there were no computers in city hall. There were no chatboxes, no printers, no emails, no calculators, no cellphones, no conference calling or Zoom.In factories and warehouses, robots and sophisticated machinery did not exist or were only used in primitive forms.In grocery stores and shops of all kinds, there were no checkout counters that utilized bar codes.As a result of the extraordinary technological transformation that we have seen in recent years, American workers are now 480% more productive than they were in the 1940s.In addition, there are far more workers today. In the 1940s, less than 65% of Americans between 25 and 54 were in the workforce. Today, with most families requiring two breadwinners to pay the bills, that number is over 83%.Yet despite all of these incredible gains in productivity, over 40% of US employees now work more than 45 hours per week; 12% work more than 60 hours a week; and the average worker now works 43 hours per week. Many are on their computers or answering emails seven days a week.Moving to a 32-hour work week with no loss of pay is not a radical idea. In fact, movement in that direction is already taking place in other developed countries. France, the seventh-largest economy in the world, has a 35-hour work week and is considering reducing it to 32. The work week in Norway and Denmark is about 37 hours.Recently, the United Kingdom conducted a four-day pilot program of 3,000 workers at over 60 companies. Not surprisingly, it showed that happy workers were more productive. The pilot was so successful that 92% of the companies that participated decided to maintain a four-day week, because of the benefits to both employers and employees.Another pilot of nearly 1,000 workers at 33 companies in seven countries found that revenue increased by more than 37% in the companies that participated and 97% of workers were happy with the four-day workweek.Studies have shown that despite working fewer hours, workers are either more, or just as, productive during a four-day work week. One study found that worker productivity increased 55% after companies implemented a four-day week. A trial of four-day work weeks for public-sector workers in Iceland found that productivity remained the same or improved across the majority of workplaces. In 2019, Microsoft tested a four-day work week in Japan and reported a 40% increase in productivity.In addition, 57% of workers in companies that have moved to a four-day work week have indicated that they are less likely to quit their jobs.Moreover, at a time when so many of our people are struggling with their mental health, 71% of workers in companies that have moved to a four-day work week report feeling less burnout, 39% reported feeling less stress and 46% reported feeling less fatigued.As much as technology and worker productivity has exploded in recent years, there is no debate that new breakthroughs in artificial intelligence and robotics will only accelerate the transformation of our economy. That transformation should benefit all, not just the few. It should create more time for friends and family, more time for rest and relaxation, more time for all of us to develop our human potential.Eighty-three years after President Franklin Delano Roosevelt signed a 40-hour work week into law, it’s time for us to move to a 32-hour work week at no loss of pay. More

When Dominion settled its closely-watched $787.5m defamation lawsuit against Fox last month, its lawyers made it clear that the company would continue to pursue legal action against those who spread false claims about the company and the 2020 election.The company still has major defamation cases pending against Rudy Giuliani, Sidney Powell, Patrick Byrne and Mike Lindell – all allies of Donald Trump who were some of the most prominent figures that spread election lies involving the voting machine company on television and elsewhere after the 2020 election.“Money is accountability and we got that today from Fox, but we’re not done yet. We’ve got some other people who have some accountability coming towards them,” Stephen Shackelford, a lawyer who represented the company, said outside the courthouse after the settlement was reached.Dominion also has ongoing defamation lawsuits against Newsmax and One America News Network, conservative outlets that prominently promoted lies about the 2020 election. Smartmatic, another voting company, is also suing many of the same figures and has its own $2.7bn defamation suit against Fox and its own cases against many of the same defendants.In order to win, Dominion will have to clear the high bar of showing that those responsible for making the defamatory statement knew the statements were false or acted with reckless disregard for the truth. Dominion built an unusually strong case against Fox, producing reams of evidence showing that executives and top hosts knew the claims about the election were false. The strength of its Fox case doesn’t necessarily mean it will have an ironclad case against OAN and Newsmax, said Anthony Glassman, a defamation lawyer.“There is no way to know whether you’re likely to get as strong a sense of the internal operations of each company as you did from Fox. Each company most likely operates in very different ways which may provide them with different defenses and make it more of a challenge to win,” he said.The cases against the individuals are at once both more simple and potentially more challenging than the ones against the news networks. Dominion only needs to show the individuals disregarded the truth and made false statements. But it may be harder to produce a paper trail showing that they genuinely knew what they were saying was false or recklessly disregarded the truth.“The trove of high-profile damning evidence – that key folks at Fox knew the election wasn’t stolen and thought the Dominion statements were ‘crazy’ – becomes less relevant,” said RonNell Andersen Jones, a first amendment scholar at the University of Utah. “Dominion needs evidence that Guilani and Powell themselves either knew it was false or recklessly disregarded its falsity. We haven’t yet gotten a full look at what it might have gathered on that front.”Evidence is already emerging suggesting that at least Giuliani and Powell knew that their statements were false. In the Fox case, Dominion obtained an email in which one of Powell’s sources, who had no expertise in election administration, falsely claimed Nancy Pelosi’s chief of staff and Diane Feinstein’s husband had an interest in Dominion and that the machines were flipping votes for Biden. The source claimed she had visions and said Antonin Scalia was murdered. She acknowledged some of what she had written was “wackadoodle”, but Powell passed it on to Fox host Maria Bartiromo, who asked Powell about similar claims on her show shortly thereafter.Abby Grossberg, a former Fox employee suing the network, also released a recording she made of Giuliani on 8 November 2020 in which he admits he doesn’t yet have evidence to support some of the outlandish claims he’s making about Dominion.Here’s a look at where Dominion’s cases stand:Rudy Giuliani, Sidney Powell and Mike LindellDominion separately filed suit against Giuliani, Powell and Lindell in federal district court in Washington DC. Giuliani and Powell represented Trump in court after the election, filing numerous lawsuits based on easily disprovable claims of fraud. Lindell is the CEO of MyPillow – the company is also named as a defendant in the suit – and a Trump ally who became one of the most prominent funders of efforts to overturn the 2020 election.The company is seeking more than $1.3bn in damages from each. It is also seeking a court order against Powell and Lindell forcing them to remove any statements ultimately proven to be false and defamatory and blocking them from making any further false statements about Dominion.In August, US district judge Carl Nichols, a Donald Trump appointee, declined to dismiss the case against all three.Discovery in the case is ongoing (Lindell has tried to avoid complying with it) and will be completed in September. Nichols has set a February conference, to set a trial date, which could come as soon as the middle of next year.Patrick ByrneDominion is suing the former Overstock.com CEO, one of the biggest funders and propagators of election misinformation, for defamation in federal court in Washington DC. The company is seeking $1.6bn in damages as well as $1.3m in other expenses related to Byrne’s false claims about the election.The complaint, filed in August 2021, specifically cites Byrne’s efforts to produce a report analyzing data in Antrim county, Michigan, that falsely claimed Dominion machines were flipping votes. The document became a key source for those who made false claims that the 2020 election was stolen. Byrne was also a key funder of a widely-criticized review of votes in Maricopa county, Arizona, that further sowed doubt about Dominion equipment, but ultimately affirmed Biden’s victory there.skip past newsletter promotionafter newsletter promotion“After the election, Byrne manufactured and promoted fake evidence to convince the world that the 2020 election had been stolen as part of a massive international conspiracy among China, Venezuelan and Spanish companies, the Department of Justice (“DOJ”), the Department of Homeland Security (“DHS”), the Federal Bureau of Investigation (“FBI”), prominent Republicans, Chief Justice John Roberts, and Dominion, which, Byrne falsely claimed, committed fraud and helped steal the 2020 presidential election,” the complaint says.Nichols allowed the case to go forward last year.Discovery is scheduled to be completed later this year. A trial date has not yet been set, but could take place as soon as the middle of next year.NewsmaxDominion is suing Newsmax in Delaware superior court for broadcasting false claims about the company after the 2020 election that are similar to the ones Fox broadcast. The case is being overseen by Eric Davis, the same judge who oversaw the company’s case against Fox. Dominion is seeking $1.6bn in damages, plus an additional $1.3m it says it had to spend on security and combating the false claims put out about the company.“Newsmax made the intentional and knowing choice to depict – and then publicize, endorse and fuel – the lies about Dominion as truth, creating and promoting an alternate reality that duped millions of Americans into believing that Dominion stole the 2020 election from President Trump,” the complaint, filed in August 2021, says. “It repeatedly broadcast the lies of facially unreliable sources – lies which Newsmax itself adopted, endorsed, promoted and manufactured. And it acted this way because the lies attracted Trump’s public stamp of approval, attention and admiration, along with huge ratings boosts and profit windfalls.”Davis declined to dismiss the case last year. “The complaint supports the reasonable inference that Newsmax either knew its statements about Dominion’s role in the election fraud were false or had a high degree of awareness that they were false,” he wrote in June.In 2021, Newsmax apologized to Eric Coomer, a Dominion employee, who it falsely said had rigged votesDiscovery in the case is ongoing.One America News NetworkDominion sued OANN in federal court in Washington, alleging that the company embraced and broadcast outlandish claims about the company in an effort to position itself as an alternative to Fox.“Spurred by a quest for profits and viewers, OAN – a competitor to media giant Fox – engaged in a race to the bottom with Fox and other outlets such as Newsmax to spread false and manufactured stories about election fraud,” Dominion lawyers wrote in their complaint, filed in August of 2021.“Dominion quickly became the focus of this downward spiral of lies, as each broadcaster attempted to outdo the others by making the lies more outrageous, spreading them further and endorsing them as strongly as possible.”Nichols, who is also overseeing the case, declined to dismiss the case last November. Discovery is ongoing. A trial date has not yet been set, but it could take place some time next year. More

From 6h agoThe Federal Reserve is set to raise interest rates this afternoon, with an announcement coming at 2pm ET from the central bank after its most recent board meeting. Analysts expect the Fed will raise rates by a quarter point, which will bring rates up to 5% to 5.25%. This would be the central bank’s 10th interest rate increase since March 2022, when rates were at zero.The interest rate increase will come at what in hindsight may seem like an inflection point for the economy. Inflation is down, consumer spending has flattened and growth in the job market is starting to slow down, but Fed officials, especially Fed chair Jerome Powell, have been stringent on getting inflation down to their target of 2%. Inflation in March was 5%, the lowest it’s been since 2021, but still quite far from 2%.Analysts and economists will be closely watching Powell’s press conference at 2.30pm, where he will discuss the direction Fed staff see the economy going, giving hints as to whether even more interest rate hikes are to come or whether the Fed will end its rate-hike campaign.Here’s a quick summary of everything that’s happened today:
The Federal Reserve increased interest rates by a quarter point, bringing rates up to 5% to 5.25%. Fed chair Jerome Powell said that Fed officials no longer anticipate more hikes, but will monitor economic data to see if they are necessary in coming months. The stock market dipped slightly after the Fed’s announcement.
The debate over the debt ceiling continued today, with news that Senate majority leader Mitch McConnell will keep himself out of the specific of negotiating talks and hints that senators Joe Manchin and Kyrsten Sinema are breaking from Dems and looking to take Senate negotiations seriously.
2024 is already gearing up: Joe Biden released his second TV ad since launching his campaign last week, while US rep. Colin Allred of Texas announced his bid to unseat Texas senator Ted Cruz. In Nevada, Jim Marchant, an election denier and staunch supporter of Donald Trump, also announced a Senate big.
We’ll be closing this blog for today. Thanks for reading.Democratic senator Raphael Warnock from Georgia said that his two young kids were on lockdown at school because of the shooting in midtown Atlanta.“They’re there. I’m here, hoping and praying they’re safe,” he said on the Senate floor. “Thoughts and prayers are not enough.”One person has been confirmed dead and at least four injured after a gunman opened fire in a building in midtown around 12.30pm ET. Police said they are still searching for a suspect.The Washington Post just published a cheery report that the White House and lawmakers on Capitol Hill technically have just six working days together before the US government potentially defaults on its debt on 1 June.With the House and Senate in session on different days, and Biden making international trips for the G7 summit in Japan and another “Quad” meeting with Australia, Japan and India in Australia, the legislative and executive branches are scheduled to have just six more days together to figure out the debt ceiling.Of course, negotiations can take place even when a chamber is not in session, but the precariousness of negotiations and the closeness of default makes the timing a tad inconvenient.Talking about the fallout of the collapse of Silicon Valley Bank in March, Federal Reserve chair Jerome Powell said that it seems the worst of the crisis is over.“The severe period of stress, those have now all been resolved and all the depositors have been protected,” he said, adding that JPMorgan’s acquisition of First Republic bank marked the end of the worst of it all.Asked about lessons that he learned from the crisis, he noted that there needs to be stronger regulation and supervision, but declined to offer any specifics as he has tasked Fed vice chair Michael Barr with drafting specific policy proposals.“I am not aware of anybody thinking [the collapse] could happen so quickly,” Powell said. “Now that we know that was possible… it will be up to vice chair Barr to design ways to address that.”Today’s Federal Reserve interest rate hike is its second quarter-point hike in a row, after a series of half- and three-quarter point hikes over the last year. Fed chair Jerome Powell said at his press conference this afternoon that “slowing down was the right move”.“I think it’s enabled us to see more data and it will continue to do so. We have to always balance the risk of not doing enough and not getting inflation under control against the risk of maybe slowing down economic activity too much,” he said. “We thought that this rate hike, along with the meaningful change in our policy statement, was the right way to balance that.Asked about the possibility of a recession, Powell seemed optimistic that the Fed could achieve a “soft landing” – keeping interest rates high without seeing huge impacts on unemployment. He noted that even as rates have hit 5% over the last 14 months, the unemployment rate stands at 3.5%.“It’s possible that we can continue to have a cooling in the labor market without having the big increases in unemployment that have gone with many prior episodes,” he said.Of course, Powell noted earlier in the press conference that the full impacts of the interest rate increases have yet to be seen, acknowledging uncertainty about the full economic impact of rate hikes.Federal Reserve chair Jerome Powell emphasized the importance of raising the debt ceiling, though noted that the debt limit is “fiscal policy matters”.“It’s essential that the debt ceiling be raised in a timely way so that the US government can pay all of its bills when they’re due. Failure to do that would be unprecedented,” he said. “We’d be in uncharted territory.Powell noted that the Fed doesn’t “give advice to either side” and also noted that “no one should assume that the Fed can protect the economy from the potential short- and long-term effects” upon default.He also noted that debt limit standoff did not play a role in the Fed’s decision today to increase interest rates.Federal Reserve chair Jerome Powell is holding a press conference after the central bank announced a quarter-point interest rate increase. Powell’s tone in the press conference has changed since he last addressed the press in March. The Fed is no longer anticipating needing more rate increases, but will monitor the economy in determining future interest rate changes.While Powell is still reiterating the Fed’s inflation target of 2%, he acknowledged that the economy is “seeing the effects of our policy tightening on demand and the most interest-rate-sensitive sectors of the economy, particularly housing and investment”. In other words, the Fed sees its interest rate hikes taking effect in the slowing of the economy.“There are some signs that supply and demand in the labor market are coming back into balance,” Powell said. He added that the “economy is likely to face further headwinds from tighter credit conditions”, meaning the full effects of the interest-rate hikes have yet to be seen.Taking a question from a reporter on whether the Fed’s statement today should be taken as a hint that officials will pause rate hikes, Powell said the officials did not make a decision on a pause, but noted that they intentionally updated their stance in today’s press statement that removed a line suggesting more increases would be appropriate.“Instead, we’re saying that in determining the extent to which [more hikes are needed], the Committee will take into account certain factors,” he said. “That’s a meaningful change that we are no longer saying we anticipate [changes] and we will be driven by incoming data meeting by meeting.”The press statement that came with the Federal Reserve’s announcement of another interest rate hike is nearly identical to the one that was released at its last meeting on 22 March, with one key exception.In its 22 March release, Fed officials in the Federal Open Market Committee (FOMC) hinted that more interest rates are to come, saying: “The Committee anticipates that some additional policy firming may be appropriate” in order to bring inflation down to the target of 2%.In today’s statement, that line was cut.The rest of the statement was in line with FOMC’s March meeting statement. They reiterated their stance that “inflation remains elevated” and the jobs market has been strong, with the unemployment rate low. They emphasized that “the US banking system is sound and resilient” and that they are “highly attentive to inflation risks”.Analysts have been wondering whether this interest rate increase will be the Fed’s last, with pauses to come after as the interest rate is held steady at future meetings.Any more hints about what is next for interest rates after this most recent hike will likely be made at Fed chair Jerome Powell’s press conference at 2.30pm ET.The Federal Reserve just announced a quarter-point interest rate increase. This brings the interest rate to a 16-year high at 5% to 5.25%. The central bank has been on a year-long campaign to temper inflation, though it has had to delicately balance the potential of shaking the economy too much with stringent rate increases.Fed chair Jerome Powell will lead a closely watched press conference, where he will discuss the Fed’s view on the state of the economy.The United Auto Workers (UAW) union said in an internal memo that it is holding off on a Joe Biden endorsement due to the president’s electric vehicle policies.UAW president Shawn Fain said in the memo that union leaders met with Biden last week and discussed “our concerns with the electric vehicle transition”, according to the New York Times. The union is concerned that auto workers will suffer during the transition to EV as less workers are needed to assemble EVs.“The EV transition is at serious risk of becoming a race to the bottom,” the memo reads, referring to electric vehicles. “We want to see national leadership have our back on this before we make any commitments.”The union has 400,000 members across the country, though members are primarily in auto-industry heavyweight Michigan, a key election battleground state.The FBI arrested a man in Florida on Tuesday for his involvement in the January 6th Capitol riots, specifically for setting off an “explosive device” in the US Capitol tunnel that leads into the building. Daniel Ball, 38, was first arrested last week by the Citrus County Sheriff’s Office for assaulting seven people, including law enforcement officers, in Florida. Ball’s probation officer, upon being shown photos and videos of the Capitol riot, identified Ball as the person throwing an explosive device in the tunnel, where law enforcement was blocking rioters.Ball faces multiple charges related to the riot, including assaulting police officers and entering a restricted area with a deadly weapon.The justice department said in March that at least 1,000 people have been arrested on charges related to the riots, with 518 pleading guilty to federal crimes so far.Election denier Jim Marchant announced that he will be running for US Senate, challenging Democrat incumbent senator Jacky Rosen for the seat she won last year.During his announcement speech on Tuesday, Marchant said that he is running to “protect Nevadans from the overbearing government, from Silicon Valley, from big media, from labor unions, from the radical gender-change advocates,” the Washington Post reported.His election campaign was acknowledged by Rosen on Twitter, who replied to Marchant’s announcement:
Nevadans deserve a Senator who will fight for them, not a MAGA election denier who opposes abortion rights even in cases of rape and incest…
While far-right politicians like Jim Marchant spread baseless conspiracy theories, I’ve always focused on solving problems for Nevadans.
Marchant has described himself as a “MAGA conservative”, the Post reports, and is an avid supporter of Donald Trump. More

The far-right Republican Texas senator Ted Cruz will be challenged for his seat next year by Colin Allred, a former NFL linebacker who launched his campaign on Wednesday with a video referencing the January 6 attack on Congress by Trump supporters Cruz called “peaceful protesters”.“I’ve taken down a lot tougher guys than Ted Cruz,” Allred said.Allred, 40, played college football for Baylor in Texas then played 32 games for the Tennessee Titans between 2007 and 2010. He entered Congress in 2019, a rare Democrat in red Texas. He has increased his majority since.Democrats control the Senate but face a tough elections map in 2024. A pick-up in Texas would be a shock but would boost activists who insist the state is turning towards progressives.On 6 January 2021, Trump supporters urged on by the then president and Republican allies including Cruz attacked Congress in an attempt to block certification of Joe Biden’s election win, which Trump baselessly claimed was the result of electoral fraud.In his announcement video, Allred took Cruz to task for being one of 147 Republicans who objected to election results even after the riot, which is now linked to nine deaths including law enforcement suicides, and for confessing to hiding in a closet during the attack.“When I left the NFL,” Allred said, walking on a football field, “I thought my days of putting people on the ground were over. Then, January 6 happened.“I remember hearing the glass breaking and the shouts coming closer. I texted my wife: ‘Whatever happens, I love you.’ Then I took off my jacket and got ready to take on anyone who came through that door.“And Ted Cruz? He cheered on the mob. Then hid in a supply closet when they stormed the Capitol. But that’s Ted for you. All hat, no cattle.”Allred also targeted Cruz for a famous flight to Cancun when Texas fell under a big freeze amid widespread power failures, and for perceived policy failings, before telling his own life story.On Twitter, Allred added: “I’ve taken down a lot tougher guys than Ted Cruz, but I can’t do this without your help.”Now 53, Cruz entered Congress in 2013. In 2016 he ran second to Trump in the Republican presidential primary. Initially a hold-out against the billionaire, who insulted his wife and father, like most of the rest of the party Cruz soon came onside. Paul Manafort, a former Trump aide, has said Trump gave Cruz a rare apology.In the usually collegial Senate, Cruz is famously unpopular. Al Franken, the former Democratic senator from Minnesota, once said: “I like Ted Cruz more than most of my other colleagues like Ted Cruz. And I hate Ted Cruz.”In 2018, the last time Cruz ran for re-election, he faced a strong challenge from Beto O’Rourke, a former Democratic congressman. Cruz won by less than three points.Speaking to the Dallas Morning News, Allred said Texas “can’t afford six more years of Ted Cruz”.He added: “The political extremism that we are becoming increasingly known for is a real risk to our business community and our path forward. It’s making some folks say they don’t want to send their kids to school in our state. We can go in a different direction.” More