Kevin McCarthy, the California Republican, is officially the new speaker of the US House after a hot Capitol Hill drama that continued for almost four days and 15 rounds of votes. If the House chaos for electing a new speaker had continued for weeks, the financial markets could have worried …
Read More »US Senate passes $1.7 trillion government funding bill
The US Senate voted, on Thursday, to approve a $1.7 trillion government funding bill and the related legislation is getting passed onto the House, ahead of the Friday night deadline in order to prevent partial federal government shutdown. The bill is meant to fund critical government operations and to provide …
Read More »Senate Democrats are voting on a bill to avoid shutdown
Democrats are expected to vote Wednesday on a temporary legislation that helps avoid partial government shutdown through keeping current levels of federal government funds after Thursday. The move was encouraged by top House Democrats led by majority leader Steny Hoyer who said that there were talks with Senate Democrats suggesting …
Read More »