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    Raphael Warnock wins Georgia runoff, bolstering Democratic Senate majority

    Raphael Warnock wins Georgia runoff, bolstering Democratic Senate majorityIncumbent Democrat fends off challenge from Republican Herschel Walker to gain party’s 51st seat01:29The Democratic incumbent, Raphael Warnock, won the Georgia Senate runoff on Tuesday, securing his first full term and delivering a 51st seat to bolster his party’s majority in the chamber.The Associated Press called the race about three and a half hours after polls closed in Georgia, as Warnock led the Republican candidate, Herschel Walker, by approximately 40,000 votes.Shortly after that, Warnock took the stage at his campaign’s victory party to thank his supporters. A pastor at the Atlanta church where Martin Luther King Jr once preached, Warnock has held one of Georgia’s two Senate seats since winning a special election in 2021. As he began his remarks in Atlanta, supporters chanted: “Six more years!”Raphael Warnock wins Georgia runoff, bolstering Democratic Senate majorityRead moreWarnock told the crowd: “After a hard-fought campaign – or should I say campaigns – it is my honor to utter the four most powerful words ever spoken in a democracy: the people have spoken.”One of 12 children born to a father who was also a pastor and a mother who once picked cotton, Warnock reflected on the unlikelihood of his path to the Senate. His mother was with him at his victory party, after she had the opportunity to again cast a ballot for her son.“I am Georgia,” Warnock said. “I am an example and an iteration of its history, of its pain and its promise, of the brutality and the possibility. But because this is America, because we always have a path to make our country greater against unspeakable odds, here we stand together. Thank you, Georgia.”Joe Biden called Warnock to congratulate him, describing his victory as a defeat of Republican extremism and Donald Trump’s “Make America Great Again” philosophy.Warnock’s win in Georgia is a bad omen for Trump – but there’s no room for complacencyRead more“Tonight Georgia voters stood up for our democracy, rejected Ultra MAGAism, and most importantly: sent a good man back to the Senate,” the president said on Twitter.Walker conceded, acknowledging that his campaign had fallen short and expressing gratitude to his team. The Republican explicitly thanked election officials who ensured the runoff was managed effectively, quelling concerns he might refuse to accept the result.“I don’t want any of you to stop believing in America,” Walker told supporters. “I want you to believe in America and continue to believe in the constitution and believe in our elected officials … Always, always cast your vote no matter whatever is happening.”Walker’s loss came a month after the national midterm elections, when neither he or Warnock secured enough support to win outright, thus requiring the runoff. The runoff was just the latest in a series of very close races in Georgia, reflecting the state’s relatively new status as a toss-up after decades of being considered safely Republican.Nearly 2 million Georgians cast ballots before election day, and those early voters appeared to significantly favor Warnock. Republicans were counting on a strong election day turnout, but Walker’s support on Tuesday was not enough to get him across the line.01:14The race had been upended several times by controversy surrounding Walker, a former University of Georgia and NFL football player who won the Republican primary after receiving Trump’s endorsement.Multiple women previously in relationships with Walker accused him of pressuring them to have abortions, despite his staunch anti-abortion views. In the final weeks of the runoff, Walker also faced questions over reports that he received a tax break intended for primary residences on his home in Texas.Walker’s defeat will likely intensify questions over Trump’s standing in the Republican party. Overall, Trump-endorsed candidates fared poorly in this election season, prompting questions from some of the former president’s critics over whether he has pushed his party to an unpopular extreme.Walker’s failure will be particularly worrisome for Trump given that Republicans swept other top statewide races in Georgia. Two of those candidates, the incumbent governor, Brian Kemp, and secretary of state, Brad Raffensperger, attracted Trump’s ire for pushing back against his efforts to overturn Biden’s 2020 victory, the first time a Democrat took Georgia since 1992.Before the result was called, the former Republican congressman Will Hurd said on Twitter: “If Walker loses tonight, it will be the sixth time in a row a Democrat beat Trump or a Trump-endorsed statewide candidate in Georgia. It’s time to move on, build the future with conservative principles, and get rid of the crazy bullshit.”Some rightwing leaders suggested the runoff result raised questions about Trump’s hopes of recapturing the White House, after he announced a third consecutive presidential bid last month.“Conservatives across the country are tired of losing,” Bob Vander Plaats, president of the group the Family Leader, said on Twitter. “#2024 is key to winning the future again. #ChooseWell.”The runoff did not determine control of the Senate, as Democrats had already won enough seats to maintain their hold for two years.But Warnock’s victory does give Democrats a crucial 51st seat, allowing them to abandon their current power-sharing agreement with Republicans. A 51-seat majority will also provide some wiggle room when it comes to close committee votes and nomination fights. That new dynamic could make the Senate majority leader, Chuck Schumer, less reliant on centrists like Joe Manchin of West Virginia and Kyrsten Sinema of Arizona to pass legislation and confirm nominees.The 51-seat majority could also help Democrats offer a counterweight to investigations expected to be launched by House Republicans, who took the majority in the lower chamber after the midterms last month. Now that they have a clear majority in the Senate, Democrats will be able to issue subpoenas without Republican support.“51!” Schumer said in a joyous tweet. He later added: “Senator Warnock’s well-earned victory is a victory for Georgia, and a victory for democracy and against MAGA Republican extremist policies.”TopicsUS politicsGeorgiaUS midterm elections 2022US SenateDemocratsRepublicansUS CongressnewsReuse this content More

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    Raphael Warnock wins crucial Georgia runoff election – as it happened

    That’s all from me tonight. Incumbent Democrat Raphael Warnock secured victory, and bolstered his party’s lead in the chamber after a hard-fought, expensive, and drawn out race. Trump-endorsed Republican Herschel Walker accepted defeat in a brief, subdued speech.Warnock, who became the first Black senator to represent Georgia two years ago, secured his his first full, six-year term tonight. In a victory speech, he noted thee significance of the moment. “I am Georgia,” he said. “I am an example and iteration of its history, of its pain and its promiseFor more news and analysis on the race, read on:Raphael Warnock wins Georgia runoff, bolstering Democratic Senate majorityRead moreWarnock’s win in Georgia is a bad omen for Trump – but there’s no room for complacencyRead moreJoe Biden said he called Raphael Warnock to congratulate him. ‘Tonight Georgia voters stood up for our democracy, rejected Ultra MAGAism, and most importantly: sent a good man back to the Senate,” the president said. Just called @SenatorWarnock to congratulate him on his win.Tonight Georgia voters stood up for our democracy, rejected Ultra MAGAism, and most importantly: sent a good man back to the Senate. Here’s to six more years. pic.twitter.com/ibx5aprVs3— President Biden (@POTUS) December 7, 2022
    “I am Georgia,” Warnock said. “I am an example and iteration of its history, of its pain and its promise … But because this is America, because we always have a path to make this country greater against unspeakable odds, here we stand together.”He mentioned his mother, who was a sharecropper. “She grew up in the 1950s … picking someone else’s cotton and someone else’s tobacco, but tonight, she helped pick her youngest son to be a United States senator,” he said.In an energized speech, Warnock mentioned the importance of protecting voting rights.“Just because people endured long lines … the rain, and the cold, and all kinds of tricks in order to vote doesn’t mean that voter suppression does not exist,” he said. “It simply means that you, the people, have decided that your voices will not be silenced.”“It is my honor to utter the four most powerful words spoken in a democracy: the people have spoken,” Warnock told his jubilant supporters.The senator thanked supporters and family.“Voting is faith put into action,” he said. “And Georgia, you have been praying with your lips and your legs.”Herschel Walker spoke to supporters at his election night event at the College Football Hall of Fame, accepting defeat.“I’m never going to stop fighting for Georgia,” he said, thanking his supporters, donors and team. “We put up one heck of a fight.”After Walker endorsed Donald Trump’s conspiracy theories about the 2020 elections, it was unclear if he would accept the results. In his brief speech, Walker did not say whether he had called his opponent to concede.“I don’t want any of you to stop believing in America. I want you to believe in America and continue to believe in the constitution and believe in our elected officials and most of all, continue to pray for them,” Walker said.Sanity strikes again.Raphael Warnock’s victory over Herschel Walker in the Georgia Senate runoff caps an election season in which the normal, the sensible and the fans of fact regained their voice and gave hope that, after long years in which American democracy was feared to be at death’s door, the patient is rallying.In simple mathematics, the win gives Democrats 51 seats to Republicans’ 49 in the Senate, speeding up confirmation of Joe Biden’s administrative and judicial nominees and starving the conservative West Virginia Democrat Joe Manchin of some of the oxygen he enjoys as the swing vote.But more philosophically, it serves as another corrective to the notion that all America suddenly went mad on 8 November 2016, the day Donald Trump was elected instead of Hillary Clinton. Looking back, it’s pertinent to recall that Trump lost the popular vote by nearly three million and benefited from a unique cocktail of circumstances that included entrenched misogyny and running against the ultimate establishment politician.Read more:Warnock’s win in Georgia is a bad omen for Trump – but there’s no room for complacencyRead moreDemocrat Raphael Warnock has secured victory in Georgia’s senate runoff, the AP projects. Warnock, the incumbent senator, has won his first full term and bolstered his party’s lead in the chamber. Joe Biden is feeling optimistic. “We’re going to win. We’re going to win Georgia,” he told reporters at Joint Base Andrews. With 92% of votes tallied, Warnock is maintaining a narrow lead. With 87% of the votes tabulated so far, the race remains close.But much of the remaining vote is in the Atlanta area, which leans Democratic – and will likely be promising for Warnock. At the election night watch party fo the Democrat, director Spike Lee spoke too supporters, as CNN on big screens showed Warnock with a lead.Meanwhile,Walker’s watch party at the College Football Hall of Fame appeared to be more subdued.Another column on tonight’s race for those who want to read further as they watch the results crawl in. Robert Reich, former US labor secretary, on how the biggest loser if Raphael Warnock wins tonight won’t be his Republican rival, Herschel Walker…If Raphael Warnock wins today’s Senate runoff in Georgia, Senate Democrats will gain a 51-49 majority – providing them with some insurance if Arizona voters boot out Kyrsten Sinema in 2024, while at the same time reducing the power of the West Virginia Democrat Joe Manchin to control the Democrat’s agenda.In other words: a win-win.But it could prove an even bigger Democratic win. That’s because the biggest loser in a Warnock victory won’t be his Republican rival, Herschel Walker.It will be Donald Trump.Walker’s entire candidacy was a Trump creation – not unlike Trump University, Trump Airline, Trump Vodka and Trump Steaks.And like those businesses, the Walker candidacy appears to have sunk under a miasma of ineptitude, lies and embarrassing allegations – in this case, of domestic abuse, semi-secret children and payments for abortions for multiple women.Full column:The Georgia Senate runoff is a referendum on Trump’s zombie grasp on America | Robert ReichRead moreGabe Sterling, the Georgia elections official and aide to the secretary of state who became a national name when he and his boss, Brad Raffensperger, stood up to Donald Trump in his attempt to overturn the presidential election in 2020, has been telling CNN what he thinks the results reported so far say.He says: “We don’t know what they say. We have a lot of rural counties that have uploaded nothing yet.”He also reports some drama:.css-knbk2a{height:1em;width:1.5em;margin-right:3px;vertical-align:baseline;fill:#C70000;}We had one car carrying one of the vote cards damaged, jaws of life out there, both poll workers are OK, they’ve turned down medical attention and going to the hospital but they were able to retrieve that vote card and get it to county headquarters. I mean, that’s the kind of stuff that happens on election day because you have thousands of people out there doing their jobs.”About turnout, Sterling reports that it is very high for a midterms runoff..css-knbk2a{height:1em;width:1.5em;margin-right:3px;vertical-align:baseline;fill:#C70000;}My nightmare was 1.4 million of turnout today and guess what guys, it was gonna be 1.4 million. It’s a tight race, it’s going to be a while … we’re looking at probably 3.3 million [turnout overall]. These are record numbers, guys, especially for a runoff election. So I’m just excited that so many voters get to express their voice.”In bad news for tired editors in empty newsrooms, Sterling also said: “I just tweeted out, it’s gonna be a long night and guess what, it’s gonna be a long night.”Some further reading as the lead changes hands again, Walker nudging a fraction of a point ahead.Steve Phillips – founder of Democracy in Color and author of Brown is the New White: How the Demographic Revolution Has Created a New American Majority – on why white evangelicals in Georgia have shown their true colors in voting for Herschel Walker, a Republican mired in unchristian scandal …Why do we have such low expectations for white voters? The midterm elections brought into stark relief just how many white voters are willing to make a mockery of showing any pretense of concern for democracy, good governance or even the barest qualifications for our country’s highest offices. As unfortunate as that behavior is, what’s even more dangerous for the future of the country is how resigned the rest of the country has become to the anti-democratic and intellectually unjustifiable voting patterns of much of white America.Full read:Georgia Senate voters have a moral choice. White Christians are choosing hypocrisy | Steve PhillipsRead more More

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    Trump Organization found guilty of tax fraud – live

    A jury in New York has convicted the Trump Organization of criminal tax fraud in a major blow for the former president.Although Donald Trump was not personally on trial, prosecutors insisted he was fully aware of the 15-year scheme in which they said executives were enriched by off-the-books perks to make up for lower salaries, reducing the company’s tax liabilities.The 12-person jury in New York’s state court was sent out to deliberate on Monday morning after a six-week trial in which Trump Organization lawyers pinned blame for the fraud solely on the greed of longtime chief financial officer Allen Weisselberg.The former close ally of Trump accepted a plea deal earlier this year admitting fraud in exchange for a five-month prison sentence. Prosecutors laid out a case heavily reliant on Weisselberg’s testimony.The criminal case against the Trump Organization was started by previous Manhattan district attorney Cyrus Vance and continued by his successor, Alvin Bragg. Bragg said in a statement today:.css-knbk2a{height:1em;width:1.5em;margin-right:3px;vertical-align:baseline;fill:#C70000;}In Manhattan, no corporation is above the law. For 13 years the Trump Corporation and the Trump Payroll Corporation got away with a scheme that awarded high-level executives with lavish perks and compensation while intentionally concealing the benefits from the taxing authorities to avoid paying taxes.
    Today’s verdict holds these Trump companies accountable for their long-running criminal scheme, in addition to Chief Financial Officer Allen Weisselberg, who has pled guilty, testified at trial and will now be sentenced to serve time in jail.”“This was a case about greed and cheating.”Manhattan DA reacts to the Trump Organization’s conviction on all counts of the indictment. Developing https://t.co/HJ6axUwsdN pic.twitter.com/2DPmZaFkVO— Adam Klasfeld (@KlasfeldReports) December 6, 2022
    The original indictment against the former president’s business empire read: “Beginning from at least 2005 to on or about June 30, 2021, the defendants and others devised and operated a scheme to defraud federal, New York State, and New York City tax authorities.“One of the largest individual beneficiaries of the defendants’ scheme was Allen Weisselberg. During the operation of the scheme, the defendants arranged for Weisselberg to receive in direct employee compensation from the Trump Organization in the approximate amount of $1.76 million.”None of the Trumps was charged.The tax fraud case against Donald Trump’s business empire was brought by the Manhattan district attorney.A jury found two corporate entities at the Trump Organization guilty on all 17 counts brought in this trial, including conspiracy charges and falsifying business records, the Associated Press reports.The verdict came on the second day of deliberations following a trial in which the Trump Org was accused of being complicit in a scheme by top executives to avoid paying personal income taxes on job perks such as rent-free apartments and luxury cars.The conviction is a validation for New York prosecutors, who have spent three years investigating the former president and his businesses, though the penalties aren’t expected to be severe enough to jeopardize the future of Trump’s company.As punishment, the Trump Organization could be fined up to $1.6 million — a relatively small amount for a company of its size, though the conviction might make some of its future deals more complicated.Trump, who recently announced he was running for president again, has said the case against his company was part of a politically motivated “witch hunt” waged against him by vindictive Democrats.Trump himself was not on trial but prosecutors alleged he “knew exactly what was going on” with the scheme, though he and the company’s lawyers have denied that.The case against the company was built largely around testimony from the Trump Organization’s former finance chief, Allen Weisselberg, who previously pleaded guilty to charges that he manipulated the company’s books and his own compensation package to illegally reduce his taxes.Neither Donald Trump himself or any of his family members were charged.Weisselberg took the stand having made a plea deal and attempted to take responsibility for the crimes.This case is unrelated to the civil case brought against the Trump Organization by New York state attorney general Letitia James.It’s a sweep for prosecutors of the Trump Organization in the trial in New York.Trump Organization entities GUILTY on all counts at criminal tax fraud trial.— Shayna Jacobs (@shaynajacobs) December 6, 2022
    Tax fraud, conspiracy, the whole nine yards.THE TRUMP PAYROLL CORPORATION: 1 SCHEME TO DEFRAUD IN THE FIRST DEGREE – Guilty2 CONSPIRACY IN THE FOURTH DEGREE – Guilty3 CRIMINAL TAX FRAUD IN THE THIRD DEGREE – Guilty4 CRIMINAL TAX FRAUD IN THE THIRD DEGREE – Guilty5 CRIMINAL TAX FRAUD IN THE FOURTH DEGREE – Guilty— Kyle Griffin (@kylegriffin1) December 6, 2022
    A jury in New York has convicted the Trump Organization of criminal tax fraud in a major blow for the former president.Although Donald Trump was not personally on trial, prosecutors insisted he was fully aware of the 15-year scheme in which they said executives were enriched by off-the-books perks to make up for lower salaries, reducing the company’s tax liabilities.The 12-person jury in New York’s state court was sent out to deliberate on Monday morning after a six-week trial in which Trump Organization lawyers pinned blame for the fraud solely on the greed of longtime chief financial officer Allen Weisselberg.The former close ally of Trump accepted a plea deal earlier this year admitting fraud in exchange for a five-month prison sentence. Prosecutors laid out a case heavily reliant on Weisselberg’s testimony.McConnell criticized Donald Trump today about Trump’s previous calls to terminate the constitution. Without mentioning Trump’s name, McConnell said that Trump would likely have a harder time winning the presidency for a second time. From Politico: .css-knbk2a{height:1em;width:1.5em;margin-right:3px;vertical-align:baseline;fill:#C70000;}Anyone seeking the presidency who thinks that the Constitution could somehow be suspended or not followed, it seems to me would have a very hard time being sworn in as the president of the United States.McConnell would not directly answer questions if he would support Trump as the 2024 Republican presidential nominee. Other Republicans have attempted to distance themselves from Trump following Trump’s comments about the constitution, Politico reported. A former West Virginian politician that went to prison over his role in the Jan 6 attacks announced that he is running for Congress, reported Politico.Derrick Evans announced his run for Congress on Tuesday: .css-knbk2a{height:1em;width:1.5em;margin-right:3px;vertical-align:baseline;fill:#C70000;}After months of soul-searching, I am ready to step back into the political arena. Right now, my eyes are on Capitol Hill.More from Politico: .css-knbk2a{height:1em;width:1.5em;margin-right:3px;vertical-align:baseline;fill:#C70000;}A source familiar with the bid said Evans would explore running in the district currently held by Rep. Carol Miller (R-W.Va.). The state’s other House seat is open, as Rep. Alex Mooney (R-W.Va.) mounts a Senate bid against Sen. Joe Manchin (D-W.Va.), but Miller has no plans for a similar bid.Read the full article here. Here’s video of McConnell answering questions as to why representatives of Capitol police would not shake his hand during the ceremony: Sen. Minority Leader Mitch McConnell (R-KY) dodges a question then walks away after being asked about Capitol police officers and their families refusing to shake his hand at a ceremony honoring them: “I’d respond by saying today we gave the gold medal to the heroes of Jan. 6.” pic.twitter.com/X2FEqmwlZP— Heartland Signal (@HeartlandSignal) December 6, 2022
    The Justice Department special counsel has issued its first known subpoenas in an investigation into Trump documents and Jan 6. More from the Associated Press: .css-knbk2a{height:1em;width:1.5em;margin-right:3px;vertical-align:baseline;fill:#C70000;}Special counsel Jack Smith has subpoenaed officials in Wisconsin, Michigan and Arizona, asking for communications with or involving former President Donald Trump, his campaign aides and a list of allies involved in his efforts to try to overturn the results of the 2020 election.
    The requests, issued to Milwaukee and Dane counties in Wisconsin; Wayne County, Michigan; and Maricopa County, Arizona, are the first known subpoenas by Smith, who was named special counsel last month by Attorney General Merrick Garland.
    Smith is overseeing the Justice Department’s investigation into the presence of classified documents at Trump’s Florida estate as well as key aspects of a separate probe involving the violent storming of the Capitol on Jan. 6, 2021, and Trump’s frantic efforts to remain in power.The subpoenas, first reported by The Washington Post, are the clearest indication yet that Smith’s work will include an examination of the fake electors that were part of Trump’s efforts to subvert the election count and certification.Read the full article here. More on the Congressional gold medal ceremony for officers who defended the Capitol during the Jan 6 attack. Video from the ceremony shows representatives for those receiving the award shaking hands with Senator majority leader Chuck Schumer, but walking past Republicans Mitch McConnell and Kevin McCarthy. From C-SPAN’s Howard Mortman:During Congressional Gold Medal ceremony for Jan. 6 police, representatives of those receiving awards shake hands with Schumer then walk past McConnell and McCarthy. pic.twitter.com/YGjKXRGtiZ— Howard Mortman (@HowardMortman) December 6, 2022
    Mike Fanone, a former police officer who was attacked by rioters during the Jan 6 attack, says he was heckled during the Congressional gold medal ceremony today.From NBC News:NEW: Members of the Metropolitan Police Department’s Special Operations Division heckled former Officer Mike Fanone at the Congressional Gold Medal ceremony, Fanone tells me. “They called me a piece of shit and mockingly called me a great fucking hero while clapping,” he said.— Ryan J. Reilly (@ryanjreilly) December 6, 2022
    Fanone says they called him a disgrace, said he was not a cop anymore, and said he didn’t belong at the ceremony. It happened in the rotunda, he said.— Ryan J. Reilly (@ryanjreilly) December 6, 2022
    Jean-Pierre was asked about any last-minute efforts for Biden to boost Warnock ahead of Georgia’s runoff election today.Jean-Pierre said she had to respond carefully given the Hatch Act, which limits political activity some civil service members can participate in.But Jean-Pierre pointed to phone banking Biden did for Warnock last week in Boston, where Biden raised money on Warnock’s behalf.Jean-Pierre said: “He’s always said he’s willing to do whatever it takes, whatever Senator Warnock needs, for him to be helpful.”Here are comments from Jean-Pierre from yesterday about Republicans criticism of Biden when it comes to the US-Mexico border . From the Guardian’s David Smith: Jean-Pierre on border: “What are congressional Republicans going to do to actually deal with this issue?.. Why don’t they work with us? Why don’t they actually do something?… They’re playing political games and doing political stunts.”— David Smith (@SmithInAmerica) December 5, 2022
    Joe Biden is now on his way to Arizona, where he will visit a semiconductor facility. A gaggle is now taking place on Air Force One, led by press secretary Karine Jean-Pierre. Listen here. Biden is facing pushback from Republicans for his decision not to visit the US-Mexico border during this trip, with Biden telling a reporter from Fox News that “there are more important things going on.” NEW: President Biden says he’ll be going to Arizona but tells our @pdoocy he won’t visit the border because “there are more important things going on…they’re going to invest billions of dollars in a new enterprise,” referring to a CHIPS plant he’ll be visiting in AZ. @FoxNews— Bill Melugin (@BillFOXLA) December 6, 2022
    Senate majority leader Chuck Schumer has renominated his leadership team, including a new position for Hawaii senator Brian Schatz to the newly created deputy conference secretary position, reported Politico. From Politico: .css-knbk2a{height:1em;width:1.5em;margin-right:3px;vertical-align:baseline;fill:#C70000;}According to text of the letter, Schumer will nominate:
    – Sen. Dick Durbin (D-Ill.) for Democratic whip
    – Sen. Debbie Stabenow (D-Mich.) for chair of the Democratic Policy and Communications Committee
    – Sen. Amy Klobuchar (D-Minn.) for chair of the Steering Committee
    – Sen. Elizabeth Warren (D-Mass.) for vice chair of the conference
    – Sen. Mark Warner (D-Va.) for vice chair of the conference
    – Sen. Bernie Sanders (I-Vt.) for chair of outreach
    – Sen. Joe Manchin (D-W.Va.) for vice chair of the Democratic Policy and Communications Committee
    – Sen. Tammy Baldwin (D-Wis.) for Senate Democratic Conference secretary
    – Sen. Cory Booker (D-N.J.) for vice chair of the Democratic Policy and Communications Committee
    – Sen. Catherine Cortez Masto (D-Nev.) for vice chair of outreach
    – Schatz for deputy Democratic Conference secretaryMore on McCarthy’s remarks at the Congressional gold medal ceremony. From the Associated Press’ Farnoush Amiri: GOP Leader McConnell taking more poignant approach to honoring Jan. 6 officers than McCarthy: “When an unhinged mob tried to come between the Congress and our constitutional duty, the Capitol Police fought to defend not just this institution, but our system of self government.”— Farnoush Amiri (@FarnoushAmiri) December 6, 2022 More

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    Sam Bankman-Fried says he wants to testify before Congress on FTX collapse

    Sam Bankman-Fried says he wants to testify before Congress on FTX collapseCryptocurrency exchange founder pledges to testify ‘once I have finished learning and reviewing what happened’ The disgraced billionaire Sam Bankman-Fried has said he wants to testify before Congress about what caused the collapse of the cryptocurrency exchange he founded – but first he wants to fully understand the chain of events and isn’t sure how long that might take.Bankman-Fried’s pledge, made Sunday on Twitter, came after the US House financial services committee scheduled a 13 December hearing about the failure of FTX and invited him to participate.“Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain,” Bankman-Fried tweeted. “I’m not sure that will happen by the 13th. But when it does, I will testify.”Rep. Waters, and the House Committee on Financial Services:Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain.I’m not sure that will happen by the 13th. But when it does, I will testify. https://t.co/c0P8yKlyQt— SBF (@SBF_FTX) December 4, 2022
    Bankman-Fried’s case is of particular interest on Capitol Hill in part because he has acknowledged that he donated money in equally large amounts to both the Democratic and Republican parties.FTX filed for bankruptcy protection in November after the failure of a possible merger with rival crypto exchange Binance. The move left investors and creditors facing billions of dollars in losses, and Bankman-Fried resigned as FTX’s chief executive officer.He has since denied allegations of potential fraud in a series of media appearances as law enforcement authorities and regulators scrutinize him and FTX’s wreckage.He told an audience at the New York Times DealBook summit on 30 November that he “screwed up”, “didn’t ever try to commit fraud” and was as “shocked” as the rest of the public by FTX’s collapse.During that appearance, Bankman-Fried addressed questions about whether FTX customer funds were misappropriated and given to the hedge fund he founded, Alameda Research. Bankman-Fried – who had reportedly been in a relationship with the hedge fund’s CEO, Caroline Ellison – said he “didn’t knowingly commingle funds” with Alameda and was surprised by “the size of their position”.He told ABC News in a separate interview that he also had been spending barely any time “trying to manage risk on FTX” and had “stopped working as hard for a bit” before the firm imploded.“What matters here is all the customers and stakeholders [who] got hurt and to help them out,” Bankman-Fried said. “What happens to me is not the important part.”For many observers, explanations given by Bankman-Fried over FTX’s collapse and its $8bn (£6bn) shortfall in assets haven’t been easy to make sense of. At one point he mused that “poor internal labeling” of accounts at FTX could have precipitated his company’s downfall.His repeated public statements about FTX likely buck the legal advice he is receiving. The leading US law firm Paul, Weiss recently dropped Bankman-Fried as a client after attorneys for FTX accused him of interfering with the bankruptcy reorganization by his “incessant and disruptive tweeting”. Bankman-Fried acknowledged at the DealBook summit that his lawyers didn’t want him to speak at the conference.Reuters contributed reportingTopicsCryptocurrenciesUS CongressUS politicsnewsReuse this content More

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    Republican moderate refuses to disown Trump over constitution threat

    Republican moderate refuses to disown Trump over constitution threatDave Joyce of Ohio, chair of the Republican Governance Group, says he will vote for Trump if he is nominee in 2024 A leader of moderate Republicans in the US House repeatedly refused to condemn Donald Trump on Sunday, even after the former president, running for re-election in 2024, said the US constitution should be “terminated” to allow him to return to power.DeSantis and Pence lead Republican wave – of presidential campaign booksRead more“Whoever the Republicans end up picking, I’ll fall in behind” them, Dave Joyce of Ohio told ABC’s This Week, adding that he thought Americans did not want to look back to the 2020 election, the subject of Trump’s lies about electoral fraud and demand for extra-constitutional action.Joyce’s host, George Stephanopoulos, said: “I don’t see how you can move forward if your candidate is for suspending the constitution but thank you for your time.”Trump maintains the lie that the 2020 election, which Joe Biden won by more than 7m votes and a clear margin in the electoral college, was subject to widespread voter fraud. In messages on his Truth Social account on Saturday, Trump said the constitution should therefore be “terminated”.The former president was condemned by Biden, Democrats and political commentators. On CBS’s Face the Nation on Sunday another Ohio Republican, Mike Turner, said he “absolutely” did so too.“There is a political process that has to go forward before anybody is a frontrunner or anybody is even the candidate for the party,” Turner said. “I believe people certainly are going to take into consideration a statement like this as they evaluate a candidate.”Like Turner, Joyce was not among the 147 Republicans who objected to results in key states in the 2020 election, even after Trump supporters mounted their deadly attack on the Capitol, seeking to stop certification. But Stephanopoulos could not persuade Joyce to say he would not vote for Trump four years later.Joyce said: “Well, you know, when President Trump was in office, I didn’t make a habit of speaking out on his tweet du jour.“I don’t know what came out on … whatever his new social platform is. But, you know, people were not interested in looking backwards. The people who gave us the majority [in the midterm elections last month] … they gave us an opportunity, and we need to perform.”Ohioans, Joyce said, were more concerned about household budgets in a time of steep inflation.Stephanopoulos said: “But Donald Trump was your nominee in 2016 and 2020. You voted for him in 2016 and 2020. Now he’s talking about suspending the constitution. Can you support a candidate in 2024 who’s for suspending the constitution?”Joyce said: “Well, again, it’s early. I think there’s going to be a lot of people in the primary. I think, at the end of the day, whoever the Republicans end up picking, I’ll fall in behind because that’s – ”Stephanopoulos said: “Even if it’s Donald Trump and he’s called for suspending the constitution?”Joyce said: “Well, again, I think it’s going to be a big field. I don’t think Donald Trump’s going to clear out the field like he did in ’16.”Stephanopoulos said: “That’s not what I’m asking. I’m asking you, ‘If he’s the nominee, will you support him?’”Joyce said: “I will support whoever the Republican nominee is. And I just don’t think that at this point [Trump] will be able to get there because I think there’s a lot of other good quality candidates out there.”To the host, that was “a remarkable statement. You’d support a candidate who’s come out for suspending the constitution?”Joyce said: “Well, you know, [Trump] says a lot of things. You have to take him in context. And right now I have to worry about making sure the Republican Governance Group and the Republican majority make things work for the American people. And I can’t be really chasing every one of these crazy statements that come out … from any of these candidates.”‘It’s on the tape’: Bob Woodward on Donald Trump’s ‘criminal behavior’Read moreStephanopoulos said: “But that’s an extraordinary statement. You can’t come out against someone who’s for suspending the constitution?”Joyce said: “Well, first off, he has no ability to suspend the constitution. Secondly, I don’t –”Stephanapolous pointed out that Trump said he wanted to take that step.Joyce said: “Well, you know, he says a lot of things but that doesn’t mean that it’s ever going to happen. So you’ve got to accept exact fact from fantasy. And fantasy is that we’re going to suspend the constitution and go backwards. We’re moving forward and we’re going to continue to move forward as a Republican majority and as a Republican conference.”With that, Stephanopoulos closed the interview.“Thank you for having me,” Joyce said.TopicsDonald TrumpUS elections 2024RepublicansUS CongressUS constitution and civil libertiesUS politicsnewsReuse this content More

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    Teenager canvassing for Warnock shot in Savannah ahead of Georgia runoff

    Teenager canvassing for Warnock shot in Savannah ahead of Georgia runoffPolice say no indication shooting politically motivated as teen working for Democrat is treated for non-life threatening injuries A teenager was shot outside a home in Georgia while campaigning for Raphael Warnock, the incumbent Democratic senator who faces a runoff against the Republican Herschel Walker on Tuesday, police said.Georgia runoff: full steam ahead for Democrats as they aim to solidify Senate majorityRead moreThe Savannah police department said a 42-year-old man shot at the teenager through a closed door on Thursday, striking the teen in the leg.The 15-year-old victim was taken to Memorial Medical Center for treatment of non-life threatening injuries, police said. A suspect, Jimmy Paiz, was arrested on charges of aggravated assault and aggravated battery.“At this point, there is no indication the shooting was politically motivated,” Savannah police said in a statement.Warnock and Walker are locked in a tight race that was triggered when Warnock won the first vote on midterms polling day last month but did not pass 50%. Polling now shows Warnock with a slight lead over Walker, a Trump-endorsed former NFL star, ahead of the vote on Tuesday.“I am saddened to learn about this incident. I am praying for the victim and their family and wish them a full recovery,” Warnock told the Savannah Morning News.The shooting took place on Thursday evening, police said.“While at the front door of one of the residences on Hartridge Street,” the statement said, “the suspect fired a shot through the closed door, striking the teen.”A victory for Warnock in the runoff would secure a 51-49 majority for Democrats in the Senate. They currently control an evenly split chamber by virtue of Kamala Harris, the vice-president, holding a tie-breaking vote.Walker’s campaign has been marked by accusations that he has abused girlfriends and paid for abortions, despite his current anti-abortion stance.The former running back, who has never served in office, has also faced claims that he actually lives in Texas, not Georgia. Walker has denied all allegations against him.TopicsGeorgiaUS crimeUS midterm elections 2022US CongressUS SenateUS politicsnewsReuse this content More

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    Hakeem Jeffries ‘stops talking’ when asked what he thinks of Kevin McCarthy

    Hakeem Jeffries ‘stops talking’ when asked what he thinks of Kevin McCarthyMcCarthy seeking votes to be speaker when Republicans take over the House next year party In his first major interview since being elected the first Black leader in Congress, the New York Democrat Hakeem Jeffries was asked what he thought of Kevin McCarthy, the Californian now seeking the votes to be speaker when Republicans take over the House next year.Georgia runoff: full steam ahead for Democrats as they aim to solidify Senate majorityRead more“We serve in Congress together,” Jeffries said.Then, CNN reported, the new House minority leader “stopped talking”.Given the rancorous nature of US politics, particularly in the House of Representatives, Jeffries’ reluctance to speak warmly of his opponent, or even to comment at all, was not particularly surprising.Pressed, he said: “I respect the fact that [McCarthy] is the current House Republican leader, and depending on what happens on 3 January, may be the next Republican speaker.”McCarthy’s party took the House in last month’s midterm elections but not with the “red wave” many expected, the result a narrow majority and a would-be speaker at the mercy of the pro-Trump far-right.Jeffries said: “It’s incredible to me that even at this point in time, as [Republicans are] on their way temporarily into the majority, they have not articulated a vision for addressing the economic concerns of the American people. It’s because there’s a real risk that the incoming Republican majority is being hijacked by the extremists who have grown in ranks.”On Sunday, CNN asked Mike Lawler, a Republican congressman-elect from New York, a state where the party performed relatively well, if he would back McCarthy.Lawler said: “We’re not going to be held hostage by a handful of members when the overwhelming majority of the conference is in full support of Kevin McCarthy.”Speakers need only 218 votes, a simple majority, regardless of party lines. The longest such contest, concluding in February 1856, went through 133 ballots. Lawler said he would back McCarthy through numerous rounds if necessary.“I will only be voting for Kevin McCarthy for speaker,” he said. “I know many of my colleagues within the conference feel the same way. This is potentially something that could come to a head, but I do think cooler heads will prevail and I do think on 3 January, Kevin will have the necessary votes to become speaker.”Also on Sunday, Jeffries told ABC’s This Week his mission would be “to find ways to work with Republicans whenever possible to get things done for the American people … but we will also oppose them when we must, particularly as it relates to any effort to go down this rabbit hole of unnecessary, unconscionable, unacceptable investigations of the administration.”House Republicans have indicated targets for investigation will include Joe Biden and his son Hunter Biden, immigration policy and the House committee investigating Trump’s election subversion and the January 6 Capitol riot.Jeffries said he had “not had any conversations with Republicans yet. We are in the process of organising as Democrats. They are in the process, of course, of organising as Republicans. But I look forward to those conversations, certainly.”He was also asked about suggestions that a moderate Republican challenger to McCarthy might attract enough Democratic votes to become speaker. Jeffries hedged, saying, “I think the question right now is, what are the Republicans going to do?” Pressed on the matter, asked if the door was “still open” to such a scheme, he said: “Well, let’s see.”Dave Joyce of Ohio, chair of the moderate Republican Governance Group, told ABC the right of his party had not suggested a plausible alternative to McCarthy.“You can’t beat somebody with nobody,” he said. “And right now you hear, ‘We’re just not going to vote for Kevin.’ Well, who then? Kevin deserves the opportunity. And he has done the hard work that was necessary to bring together the majority.”Biden rebukes Trump for saying constitution should be ‘terminated’Read moreJoyce said that though a moderate Republican with Democratic support “probably would be a perfect resolution … so we could start moving forward”, he did not “see it happening … I think the Democrats are going to vote for Democrats, Republicans will vote for Republicans. And I think, at the end of the day, Kevin will be the next speaker of the House.”In the Senate, Democrats held control even before the Georgia runoff on Tuesday which will decide if they continue to rely on the vote of the vice-president, Kamala Harris, or by a 51-49 majority.In his CNN interview, Jeffries was asked about comments by Mitch McConnell, the Republican leader in the Senate, who this week called Jeffries “a past election denier” over remarks about the 2016 presidential election, the legitimacy of which he questioned because of Russian interference, and Donald Trump.Jeffries said: “If McConnell wants to lean into the fact that I’ve been critical of Trump’s presidency – the overwhelming majority of the world is critical of Trump’s presidency. That didn’t seem to make a lot of sense to me. But he’ll do what he does, and I want to stay focused on fighting for the people.”TopicsUS midterm elections 2022House of RepresentativesUS CongressUS politicsDemocratsnewsReuse this content More

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    Newt Gingrich warns Republicans that Joe Biden is winning the fight

    Newt Gingrich warns Republicans that Joe Biden is winning the fightFormer speaker who led charge against Bill Clinton raises eyebrows with column heralding Democrat’s first-term success Republicans must “quit underestimating” Joe Biden, the former US House speaker Newt Gingrich said, because the president is winning the fight.Biden tells Democrats to revise primary calendar to boost Black voters’ voicesRead moreWriting on his own website, Gingrich said: “Conservatives’ hostility to the Biden administration on our terms tends to blind us to just how effective Biden has been on his terms.“… We dislike Biden so much, we pettily focus on his speaking difficulties, sometimes strange behavior, clear lapses of memory and other personal flaws. Our aversion to him and his policies makes us underestimate him and the Democrats.”Gingrich’s words pleased the White House – Ron Klain, Joe Biden’s chief of staff, tweeted a link with the message: “You don’t have to take my word for it, any more.”The column also caused consternation among Washington commentators, in part because, as Axios put it, “a leader of the GOP’s ’90s-era New Right [is] arguing that Joe Biden is not just a winner – but a role model”.Gingrich has been a fierce partisan warrior ever since he entered Congress, in 1979, then as speaker led the charge against Bill Clinton, culminating in a failed attempt to remove the Democrat via impeachment. In the conclusion to his column, he used the term “Defeat Big Government Socialism” – a version of the title of his latest book.Gingrich told Axios: “I was thinking about football and the clarity of winning and losing. It hit me that, measured by his goals, Biden has been much more successful than we have been willing to credit.”Biden recently turned 80. He has said he will use the Christmas holiday to decide if he will run for re-election.Gingrich, 79, compared Biden to Dwight Eisenhower and Ronald Reagan, the latter previously the oldest president ever in office, having been 77 when he left the White House in 1989.Reagan and Eisenhower, Gingrich said, “preferred to be underestimated” and “wanted people to think of them as pleasant – but not dangerous”, and thereby enjoyed great success.“Biden has achieved something similar,” Gingrich continued, by taking “an amazingly narrow four-vote majority in the US House and a 50-50 tie in the Senate and turn[ing] it into trillions of dollars in spending – and a series of radical bills”.Gingrich also accused Biden of pursuing “a strategy of polarizing Americans against Donald Trump supporters” – more than 950 of whom have been charged over the deadly Capitol riot they staged after the former president’s defeat in 2020 – and “grossly exaggerat[ing] the threat to abortion rights”, after the supreme court removed the right this year.But Gingrich also gave Biden credit on the chief foreign policy challenge of his first term in power. The president, the former speaker said, had “carefully and cautiously waged war in Ukraine with no American troops … US weapons and financial aid [helping] cripple what most thought would be an easy victory for Russian president Vladimir Putin”.The result, Gingrich said, was that last month “the Biden team had one of the best first-term off-year elections in history. They were not repudiated.”Gingrich advised Republicans “to look much more deeply at what worked and what did not work in 2020 and 2022”, as they prepare to face “almost inevitable second-time Democrat presidential nominee Biden”.According to Axios, Biden is thought likely to run. Friends of the first couple, the site said, “think only two things could stop him: health or Jill”, the first lady.TopicsJoe BidenBiden administrationNewt GingrichDemocratsRepublicansUS midterm elections 2022US elections 2024newsReuse this content More