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The Latest Breaking News from Capitol Hill

Biden draws sharp contrast with McCarthy on debt-limit approach

President Joe Biden accused Republicans of trying to “squeeze out more of America’s middle class,” painting the debt ceiling and spending cut proposal unveiled Wednesday by House Speaker Kevin McCarthy as lacking detail and benefiting the wealthy.

Tribune News Service

Trump beating DeSantis in Florida endorsement race

Trump sees DeSantis as his only threat for the nomination.

Axios

Speaker McCarthy outlines GOP debt limit plan, Democrats pan demands as extreme

Talks over raising the nation's borrowing authority are stalled so House Speaker McCarthy says GOP will vote on their own plan. Democrats say adding demands to avoid a historic default is reckless.

WEKU

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As European tax on carbon looms, a border fee draws bipartisan focus

WASHINGTON — On both sides of Capitol Hill, there is budding interest in implementing taxes on carbon-intensive goods that enter the U.S., though Democrats and Republicans tend to be interested for different reasons.

Tribune News Service

As European tax looms, a border fee draws bipartisan focus - Roll Call

On both sides of Capitol Hill, there is budding interest in implementing taxes on carbon-intensive goods that enter the U.S.

Roll Call

The Family tied to anti-gay Uganda bill

Christian group formally known as the Fellowship Foundation linked to anti-gay legislation in Uganda

Salon

House Republicans rally after Trump indictment, amping up attacks on Manhattan DA

WASHINGTON — Dozens of House Republicans rallied to Donald Trump’s defense Friday, a day after he became the first former president in U.S. history to be criminally prosecuted and following weeks of contentious letters traded between Capitol Hill and the Manhattan district attorney’s office.

Los Angeles Times

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Getting a discounted electric vehicle is about to become harder

WASHINGTON — It will soon become harder to get a full $7,500 tax credit for a new electric vehicle under proposed rules released Friday by the U.S. Treasury Department — and interested buyers should move fast.

Tribune News Service

A chance reunion at a fundraiser sent Glenn Ivey to the Hill; now he’s back as a member

WASHINGTON — Maryland Democratic Rep. Glenn F. Ivey got his start on Capitol Hill with a conversation about jazz. After blanketing members of the Congressional Black Caucus with his résumé, Ivey landed an interview with one of its founders, Democratic Rep. John Conyers Jr. of Michigan. Instead of talking politics,…

Tribune News Service

'QAnon Shaman' Jacob Chansley is released early from jail into halfway house

'QAnon Shaman', 35-year-old Jacob Chansley, stormed Capitol Hill during the Jan 6 riots while wearing a viking helmet and face paint - he was sentenced to 41 months in prison

Daily Mirror

A chance reunion at a fundraiser sent Glenn Ivey to the Hill; now he's back as a member - Roll Call

Freshman Rep. Glenn Ivey returns to D.C. having worked for John Conyers, Paul Sarbanes and former Senate Minority Leader Tom Daschle.

Roll Call

Lawmakers open to Biden’s call to claw back SVB executive pay

WASHINGTON — President Joe Biden’s call for legislation that would allow regulators to claw back executive bonuses and stock sale proceeds in the lead up to the Silicon Valley Bank collapse has found a receptive audience on Capitol Hill.

Tribune News Service

Fed chair to speak to House GOP lawmakers Wednesday - Roll Call

Federal Reserve Chair Jerome H. Powell is set to visit Capitol Hill and will attend the Republican Study Committee's weekly lunch.

Roll Call

TikTok clampdown will move ahead, says top Democrat on intelligence committee

White House in full support of bipartisan legislation but aims to force sale of Chinese company to US buyer

The Independent UK

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The Independent UK

Gap grows between TikTok users, lawmakers on potential ban

On the one side are dozens of lawmakers on Capitol Hill issuing dire warnings about security breaches and possible Chinese surveillance

The Guardian - US

After Dianne Feinstein: as a political giant steps down, California weighs its future

As the state’s longest serving senator prepares to retire, the new leadership will determine the trajectory for the Democratic party

Zenger

Janet Yellen’s Comments Fail To Calm Investors As First Republic Stock Remains Volatile

Growing concerns about the safety of bank deposits have prompted investors to approach community and regional banks with caution

WEKU

Congress revisits approval for Iraq invasion, recalling change of heart on Vietnam

In terms of domestic politics, the Iraq War followed the trajectory of the Vietnam War, which also relied on a resolution supporting the use of military force that Congress passed and later repealed.

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The Philadelphia Inquirer

Sen. John Fetterman has been hospitalized for depression for 5 weeks. His staff says he'll be back soon

PHILADELPHIA — Five weeks after Sen. John Fetterman's hospitalization for clinical depression, his staff says the stay is coming to an end soon, though no certain timeline was offered for his return.

Los Angeles Times

Commentary: The Fed just raised interest rates. Does that mean there is no banking crisis?

Do we have a banking crisis in the United States or don’t we?

Tribune News Service

Congress may boost Puerto Rico food assistance under plan backed by NY Sens. Gillibrand and Schumer

WASHINGTON — Americans who need food shouldn’t get vastly less help than other citizens just because they live in Puerto Rico, lawmakers on Capitol Hill said Wednesday as they introduced a bill that would level the scales for the island territory.

Tribune News Service

States debate whether to restrict — or invite — crypto mining

SEATTLE — As cryptocurrency mining draws increased scrutiny on Capitol Hill in Washington, D.C., some state legislatures are considering proposals to restrict the industry over growing concerns about its energy use. Other states, though, are advancing bills to protect cryptocurrency miners from such crackdowns, citing the economic potential of hosting…

Tribune News Service

Moderna paid the US more than enough for COVID shot partnership, executive says

WASHINGTON — Moderna Inc. plans to tell U.S. lawmakers that it more than adequately compensated the government for its role in a COVID-19 vaccine partnership that brought the drugmaker billions of dollars, a central point in what’s likely to be a heated Capitol Hill hearing this week.

Chicago Sun-Times

Biden celebrates St. Patrick’s Day with Irish leader at White House

Biden, who often speaks of his Irish heritage and is fond of quoting Irish poets, declared March Irish-American heritage month. The White House even dyed the water of the South Lawn fountain green for the occasion.

Roll Call

GOP’s budget attack - Roll Call

Senate Republican budget writers waged a multifront offensive on President Joe Biden’s fiscal 2024 budget request, while Democrats pointed to a Congressional Budget Office analysis to say House GOP budget plans are unrealistic. CQ Roll Call’s David Lerman, Peter Cohn and Paul M. Krawzak assess how Biden’s blueprint was received…

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