Taiwan-based tech giant Foxconn announced Monday its withdrawal from a $19.5 billion joint semiconductor manufacturing deal with Indian metal and energy company Vedanta. The dealâs collapse is a setback for Indian Prime Minister Narendra Modiâs plan to make India a leading source of computer chips and a personal disappointment because the Foxconn-Vedanta plant would have
Foxconn Pulls out of $19.5 Billion Chip Deal in Setback for Narendra Modiâs Tech Agenda
LIV Golf brings on some more political muscle to deal with congressional probe
Yasir Al-Rumayyan, governor of Saudi Arabia’s Public Investment Fund, laughs while greeting golfers at the range before the start of the second round of the Bedminster Invitational LIV Golf tournament. | Seth Wenig/AP Photo One of D.C.âs most prominent lobbying firms has signed on to help the much criticized Saudi-funded LIV Golf league navigate its
How PGA Tour officials defended their Saudi golf deal to Congress
PGA Tour officials faced their first public questioning Tuesday since their controversial agreement with Saudi-backed LIV Golf, repeatedly asserting the deal was essential to the survival of professional golf. If LIV Golf had managed to snag five players annually, then âthey can gut us,â said Jimmy Dunne, board member of the PGA Tour who has
GOP centrists pan Trump impeachment erasure as McCarthy denies any deal
Asked whether he promised Donald Trump an expungement vote, House Speaker Kevin McCarthy told reporters: “No.” | Francis Chung/POLITICO Kevin McCarthy denies he made any deal with Donald Trump to expunge his impeachment record. Even if the speaker did call for such a vote, a bloc of House GOP centrists would likely defeat it. Roughly
NBC’s Todd: ‘I Guess Greg Abbott Was Right’ that Dems Would Turn on Biden when They Had to Deal with Migrants
On Wednesdayâs broadcast of NBCâs âMTP Now,â host Chuck Todd discussed complaints and demands for help from the federal government from Democratic officials in New York and Massachusetts about the influx of migrants in their areas and said that Texas Gov. Greg Abbott (R) âwas rightâ that Democratic-run cities would be angry at the Biden
Bruner: Biden Family ‘a National Security Threat’ When They Deal with CCP
On Tuesdayâs broadcast of the Fox News Channelâs âHannity,â Government Accountability Institute Research Director Seamus Bruner stated that the millions of dollars the Biden family has received from people linked to the Chinese government are worse than a pay-to-play scheme, itâs âa national security threat. The Bidens are a national security threat when theyâre dealing
âNot happyâ: Key progressive pushes back on new food aid work requirements in debt deal
Rep. Jim McGovern declined to say if he would help Republicans get the bill out of the Rules Committee. | Mandel Ngan/AFP via Getty Images The Houseâs biggest anti-hunger crusader is rejecting the Biden administrationâs defense of new food aid restrictions in its deal with Republicans to raise the debt ceiling â but he didnât
McCarthy overcomes Rules rebellion over debt deal
The House Rules Committee is now on track to advance the bipartisan debt deal to the floor for a vote Wednesday after Rep. Thomas Massie helped the GOP lock down a simple majority. | Francis Chung/POLITICO Speaker Kevin McCarthy has cleared yet another hurdle for his bipartisan debt deal with President Joe Biden: fending off
McCarthy rallies support for debt deal amid hints of mutiny
Speaker Kevin McCarthy speaks with reporters as he departs the U.S. Capitol, May 29, 2src23. McCarthy spent Memorial Day working to build consensus on the debt deal from his Capitol suite. | Francis Chung/POLITICO Speaker Kevin McCarthy hunkered down in a mostly desolate Capitol building on Monday to build support for his debt limit compromise
Pragmatic House Republicans support debt deal, Dusty Johnson says
Rep. Dusty Johnson (R-S.D.) said that House Speaker Kevin McCarthy made no concessions to President Joe Biden. | Francis Chung/POLITICO Rep. Dusty Johnson on Sunday downplayed initial conservative opposition to the debt ceiling deal announced late Saturday, saying it was only the âmost colorfulâ conservatives who were opposed. Speaking to host Jake Tapper on CNNâs
Now comes the hard part: Getting the debt ceiling deal through Congress
Now comes the hard part. If you thought it was hard for President Biden and House Speaker Kevin McCarthy, R-Calif., to marshal a debt ceiling deal, wait to see if itâs even more challenging to advance the bill through Congress. Both the president and speaker will test their powers of persuasion to line up the […]
Lawmakers react to debt ceiling deal reached between House GOP and Biden
Washington leaders responded on Sunday to the bipartisan Fiscal Responsibility Act, a deal reached between House Speaker Kevin McCarthy, R-Calif., and President Biden to evade defaulting on the countryâs financial obligations. Both McCarthy and Biden held their posture as long as they could with a looming deadline of June 5, and on Sunday, reached a […]
House Republicans Demand AG Merrick Garland Answer for Hunter’s ‘Not Standard’ Plea Deal
House Republicans Demand AG Merrick Garland Answer for Hunterâs âNot Standardâ Plea Deal Kevin Dietsch/Getty Images House Republicans demand Attorney General Merrick Garland, President Joe Bidenâs top law enforcement officer, provide answers as to why the Justice Department (DOJ) agreed to a plea deal with Hunter Biden that was ânot standardâ and âdifferentâ from what the judge
Here are the 6 must-know provisions of the new debt ceiling deal
House Speaker Kevin McCarthy (R-Calif.) speaks alongside Rep. Garret Graves (R-La.) to announce that he had reached a deal with President Biden to raise the debt ceiling at the U.S. Capitol on May 27, 2src23. | Francis Chung/POLITICO The debt ceiling deal that President Joe Biden and House Speaker Kevin McCarthy struck late Saturday is
Washington DC mayor considers adding cops to deal with crime surge: reports
The mayor of Washington, D.C. is turning to the public for a solution on how to solve the rising crime problem, which may include hiring more police officers, according to reports. According to DC News Now, Mayor Muriel Bowser will be hosting a Public Safety Summit at 9 a.m. on Wednesday to give the public […]
Gregg Popovich signs five-year deal with Spurs worth $80 million
Gregg Popovich is now going to have many years now to coach French big man Victor Wembanyama. Popovich, the NBAâs all-time winningest coach, has agreed to a new five-year contract worth more than $80 million to remain with the San Antonio Spurs, according to ESPNâs Adrian Wojnarowski. The deal just surpasses the six-year, $78.5 million […]
Goldman Sachs reportedly looking to exit credit card deal with Apple
Goldman Sachs is considering exiting its partnership with Apple, the Wall Street Journal reported Friday, citing sources familiar with the matter. The iPhone-maker and Goldman Sachs started rolling out a virtual credit card in 2019. The bank is in talks with American Express to take over its Apple credit card and other ventures with the tech giant, the report added. Goldman Sachs and […]
New York casinos could deal Atlantic City 30% revenue blow, panelists predict
Panelists at a major casino industry conference said the construction of three new casinos in New York could cost Atlantic City 20% to 30% of its casino revenue, a development that could possibly return the resort to the days of casino closures. While not predicting that it will definitely happen, Jim Allen, chairman of the […]
Merrick Garland Asked Point Blank If Hunter Deal Is A âDifferent Standard Of Justiceâ
U.S. Attorney General Merrick Garland was asked directly whether the deal struck between President Joe Bidenâs son, Hunter, and the Department of Justice (DOJ) on federal gun and tax charges displays a âdifferent standard of justiceâ at a news conference in Sweden on Wednesday. Hunter Biden will avoid jail time by pleading guilty to two tax
CNNâs Dana Bash Claims âThere Is No Evidenceâ Of Legal Double Standard After Hunter Skips Jail Time In DOJ Deal
CNN host Dana Bash claimed âthere is no evidenceâ that âtwo tiersâ of justice exist Tuesday following Hunter Bidenâs deal with the DOJ to avoid jail time on federal gun and tax charges, which many Republicans and legal experts criticized as a âsweetheartâ deal. âThose who feel the need to or the desire to defend
Biden, Donât Celebrate Debt Ceiling Deal. Instead, Take It to Court
President Biden has taken a victory lap, praising the debt ceiling deal that helped avert the wholly manufactured crisis of a potential default. But this is no moment to celebrate. Instead, this is a moment to sue. Biden rightfully acknowledged the debt ceiling is likely unconstitutional in the lead-up to this deal. And he was
Mace: McCarthy Debt Ceiling Deal ‘Not a Win for the American People’
Representative Nancy Mace (R-SC) said Wednesday on CNNâs âThe Leadâ that the debt limit bill House Speaker Kevin McCarthy (R-CA) negotiated with the Biden administration was ânot a win for the American people.â Mace said, âIâll be voting no tonight because my vote is with the American people.â She continued, âThis is not a win
McCarthy races to sell newly released debt deal amid rumblings of far-right rebellion
During a conference-wide conference call Saturday night, Speaker Kevin McCarthy highlighted what he sees as GOP victories in the agreement. | Francis Chung/POLITICO House Republicans and the White House unveiled the text of a two-year bipartisan budget deal on Sunday that would lift the $31.4 trillion debt limit through the 2src24 election and limit federal
Does the debt deal have enough GOP support? This Democratic senator says he’s worried.
On Sunday, Sen. Chris Murphy (D-Conn.) voiced concern about the speed with which members of Congress will be able to send the final deal back to the president. | Darko Vojinovic/AP Photo The White House and House Republican negotiators reached an agreement in principle Saturday night that would raise the debt limit and avert potential
Joe Biden Is the Master Deal Maker America Needs Right Now
Joe Biden is the Congress whisperer.Facing the toughest sort of Congressional oppositionâobstructionist, nihilistic, extremistâthe president has, during his first two and a half years in office, achieved extraordinary results. He has produced transformational legislation like the $1.9 trillion American Rescue Plan, the $1 trillion Bipartisan Infrastructure Law, the $750 billion Inflation Reduction Act and the
McCarthy: A debt deal could still pass by June 1
Speaker Kevin McCarthy said Monday he remains confident that Congress could still beat a possible June 1 default deadline despite the weekend stall in talks with the White House. While McCarthy said he wouldâve preferred a deal by Sunday night, he declared the U.S. could still avoid an economically destructive debt default by June 1
Russia and Iran secret nuclear deal would allow uranium transfers to Tehran’s illicit weapons program: sources
Amid the International Atomic Energy Agencyâs disclosure this week that the Islamic Republic of Iran accumulated near weapons-grade enriched uranium for its alleged nuclear weapon program, Fox News Digital has learned that Iran has allegedly secured secret deals with Russia to guarantee deliveries of uranium. In what could be a major setback to a new Iran nuclear deal, […]
EU Commission VP Reveals Northern Ireland Brexit Deal Is Bad for UK in Leaked Recording
EU Commission VP Reveals Northern Ireland Brexit Deal Is Bad for UK in Leaked Recording KENZO TRIBOUILLARD/AFP via Getty Images The Brexit deal on Northern Ireland negotiated by Prime Minister Rishi Sunak was merely designed to placate the British public and will still leave the European Court of Justice with ultimate authority over the British
TikTok Deal Delayed over National Security Concerns
Negotiations between the U.S. government and China-owned TikTok have been delayed due to national security concerns involving ByteDance, the appâs Chinese parent company, and its access to the private user data of Americans. A potential deal between the Biden administration and TikTok is delayed due to ongoing national security concerns, people familiar with the situation
Congressional leaders pledge to avert rail strike, negotiate year-end spending deal
Congressional leaders and top appropriators could meet as soon as Wednesday about the so-called omnibus spending package, which would boost federal agency budgets for the current fiscal year. | Andrew Harnik/AP Photo Congressional leaders left a meeting with President Joe Biden on Tuesday resolving to both quickly avert a national railroad strike in the coming