House Speaker Kevin McCarthy (R-CA) announced that he is calling on a trio of House committees to move ahead in opening a formal impeachment inquiry into President Biden, escalating the panels’ access to obtaining the sought-out bank records and other documents into Biden’s family, especially his son, Hunter Biden, and his foreign business dealings
President Biden will deliver his second State of the Union address Tuesday night to a divide Congress and the nation against the backdrop of renewed tensions with China amid drama over the Chinese spy balloon, a heated debt ceiling showdown, and his anticipated bid for reelection
House Speaker Kevin McCarthy on Tuesday formally booted two Democrats — Reps. Adam Schiff (D-CA) and Eric Swalwell (D-CA) from the House Intelligence Committee, rejecting Democratic Leader Hakeem Jeffries’ (D-NY) demands to reappoint the “eminently qualified” lawmakers.
The U.S. government hit its statutory $31.4 trillion debt limit Thursday, Treasury Secretary Janet Yellen announced, prompting the Treasury to start taking “extraordinary measures” in order for the nation to avoid a catastrophic default for at least the next few months.
The U.S. is expected to reach its borrowing limit next Thursday, causing the Treasury Department to begin deploying “extraordinary measures” that buys the federal government enough time to starve off the specter of a debt default until at least early June as Washington kicks off a contentious debt ceiling battle.
After a dramatic five days of long drawn-out fight consisting of 15 rounds of ballot voting, House GOP Leader Kevin McCarthy (R-CA) finally achieved his longtime goal of clinching the speakership in the midnight hour on Saturday, capping off a historic spectacle that hasn’t seen a battle for the gavel in over 100 years.