Connect with us

Hi, what are you looking for?

Daily Planning Capabilities – Investing and Stock NewsDaily Planning Capabilities – Investing and Stock News

Latest News

Congress preps for spending sprint amid Biden pardon fallout

Lawmakers are back for the annual legislative end-of-year sprint, in what should be a busy three weeks in the waning days of Joe Biden’s presidency.

The most immediate issue: Congress faces a Dec. 20 government funding deadline. While a shutdown isn’t atop anyone’s holiday wish list, there’s significant disagreement about how long a short-term government funding patch should last into President-elect Donald Trump’s new term — and what other priorities, like tens of billions in sought-after disaster aid, might hitch a ride to that bill. With lawmakers now back in Washington post-Thanksgiving, look for some decisions to start being made on the way forward.

Some other pressing questions: The Senate returns Monday while the House comes back Tuesday. Here’s some other key topics lawmakers are such to face questions about:

Biden’s pardon of Hunter: The president’s parting “full and unconditional” pardon of his son Hunter will continue to draw scrutiny over its scope and breadth — particularly after Joe Biden denied repeatedly for months that he would make it. 
Kash Patel for FBI director: Republican senators are sure to get a barrage of inquiries about whether the staunch Trump loyalist — who’s floated conspiracy theories about the 2020 election won by Biden and has called for the removal of Trump enemies from the government — can be confirmed to lead the FBI. Just three GOP senators could defect with JD Vance breaking ties, assuming unified Democratic opposition. 

Beyond those front-of-mind topics, there’s a few other notable events to keep an eye on this week:

Elon and Vivek to Washington: Elon Musk and Vivek Ramaswamy are heading to Capitol Hill on Thursday to meet with Republicans about reform ideas for their new so-called Department of Government Efficiency.

Remember that Ethics report? It has slipped from the headlines since former Rep. Matt Gaetz (R-Fla.) withdrew from consideration as Trump’s attorney general, but the House Ethics Committee is due to meet again on Dec. 5 to mull whether to release its completed report on the former member. 

Final meeting on Trump assassination: The task force set up in the aftermath of the assassination attempts against Trump meets for the final time on Thursday. 

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Introduction To The Long Put Strategy Options are used by investors to take advantage of a wide range of projections on the state of the...

    Investing

    Introduction Options can provide investors with an extremely versatile tool that can be used to bet on market direction or changes in volatility levels....

    Investing

    In both cases a (usually near the money) option is sold and used to partially fund the purchase of two (or more) out of...

    Investing

    What’s the Difference Between SPX and SPY Options? Dividends Dividends are not normally paid to options holders. However, SPY pays a dividend every quarter. This is...

    Disclaimer: Dailyplanningcapabilities.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 Dailyplanningcapabilities.com