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Despite FTX fallout, some U.S. House members still skeptical about crypto regulation
Nearly nine months after a bipartisan group of U.S. House members sent a letter questioning the Securities and Exchange Commission’s investigation into cryptocurrencies, including the failed FTX exchange, the lawmakers are maintaining their position that the agency’s approach to regulating crypto is deeply flawed. In public comments since FTX’s collapse last month, the congressmen, led […]
U.S. House votes to avert calamitous rail strike, but Senate prospects murky
The U.S. House moved Wednesday to avoid an economically disastrous nationwide rail strike, voting to codify an agreement that members of some unions had already rejected and separately add paid sick leave that workers had demanded. The two-track approach allows Democrats to avert a strike that could cost the U.S. economy up to $2 billion […]
Little appetite for Manchin permitting bill in congressional lame-duck session
Among the items on Congress’ lengthy to-do list by the end of the year is U.S. Sen. Joe Manchin’s proposal to speed up the federal government’s permitting process that certifies energy projects do not harm the environment. But the bill, which was a condition of the centrist West Virginia Democrat’s support for his party’s larger […]
Republicans win control of the U.S. House with 218th seat
Republicans clinched a majority in the U.S. House on Wednesday night after a Republican won reelection to a California seat that put the GOP over the top, according to Associated Press projections. Though not as decisive a victory as GOP leaders had hoped, Republican candidates flipped key seats in New York, Virginia, Oregon and Arizona […]
Trump announces a third bid for the presidency, even as GOP reels from midterm setback
Former President Donald Trump, whose lies about his reelection loss in 2020 precipitated an insurrectionist attack on the U.S. Capitol, said Tuesday he will make another run for the White House in 2024. His announcement came only a week after a disappointing showing by Republicans — especially those who endorsed his false claims about 2020 […]
U.S. Supreme Court denies attempt by Arizona GOP chair to block Jan. 6 panel subpoena
The U.S. Supreme Court sided Monday with the U.S. House committee investigating the Jan. 6, 2021, attack on the Capitol, denying a request from Arizona Republican Chairwoman Kelli Ward and her husband to block the panel from obtaining their cellphone records. The court’s two-paragraph order ends Kelli and Michael Ward’s federal suit to block the […]
Democrats projected to retain U.S. Senate control after winning Nevada seat
Democratic U.S. Sen. Catherine Cortez Masto of Nevada will win reelection, according to Associated Press projections late Saturday, ensuring Democrats will remain in the majority next year no matter what happens in a runoff election in Georgia next month. After days of vote counting, U.S. Sens. Mark Kelly of Arizona and Cortez Masto were both […]
GOP on track to control U.S. House, but dozens of races still undecided
Republicans remained on pace to likely wrest control of the U.S. House, even as Democrats picked up a few more victories in close races late Wednesday and into the day Thursday. As of about 5 p.m. Eastern on Thursday, The Associated Press had called 209 races for Republicans. That put them ahead of Democrats’ 191, […]
Which party controls Congress? It could be days or weeks before we know
WASHINGTON — President Joe Biden and Democrats exulted Wednesday in outperforming expectations in the midterm elections, even as vote-counting was still in progress and control of both chambers of Congress remained unknown. The U.S. Senate will go to the winner of two of the last three races where party control is still in doubt in […]
Recreational marijuana use will be legal in 21 states after ballot measures pass
Advocates for marijuana liberalization saw mixed results as legalization ballot measures were counted Tuesday, with Maryland and Missouri voters approving recreational use for adults but Arkansas, South Dakota and North Dakota rejecting the proposal. Maryland and Missouri will bring the list of states where recreational marijuana use is legal to 21. Maryland’s referendum passed easily, […]
No GOP ‘wave,’ but Republicans could still gain control of U.S. House
WASHINGTON — Republicans fell short of their greatest ambitions for major gains in the U.S. House, with control of the chamber still in doubt early Wednesday. Republicans are still likely to narrowly win control of the U.S. House, based on expert projections. But of 20 races rated by elections forecaster Inside Elections as true toss-ups, […]
U.S. Senate control too close to call as multiple states grapple with tight vote counts
WASHINGTON — Control of the U.S. Senate remained unclear early Wednesday as races in a handful of swing states in the midterm elections were still too close to call, and it appeared it might be days — or even weeks — before a final result was known. But Democrats flipped the open Pennsylvania Senate seat, […]