Connect with us

Hi, what are you looking for?

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

Latest News

Jeffries: We’re talking with Republicans again

House Minority Leader Hakeem Jeffries privately told his caucus Friday morning that communication had restarted with Republicans, according to two people familiar with his remarks granted anonymity to discuss the dynamics.

“Because of our display of unity, the lines of communication have been reopened,” Jeffries said, according to the people in the room.

House Democrats have been fuming since billionaire Elon Musk and President-elect Donald Trump tanked the stopgap measure negotiated by appropriators and leadership earlier this week, and then when Speaker Mike Johnson moved forward with a funding bill that included raising the debt ceiling. That bill failed spectacularly on the House floor Thursday night.

Heading into the meeting, Jeffries appeared to be holding to his position that Johnson needs to bring back the bipartisan stopgap spending deal that Musk and Trump torpedoed earlier this week. The New York Democrat’s statement, however, was careful not to exclude all other options.

“The best path forward is the bipartisan agreement that was reached between House Republicans, House Democrats, Senate Republicans and Senate Democrats,” he told reporters earlier, as he headed into the closed-door caucus meeting.

House Republicans are preparing to bring back a stopgap funding bill Friday through the Rules Committee, according to Rules member Ralph Norman (R-S.C.), which would allow legislation to pass by a simple majority. Their attempt to pass legislation by a two-thirds majority failed Thursday when almost all Democrats opposed it and dozens of Republicans did too.

And Democrats exiting the caucus meeting sounded more cautiously optimistic than after the vote failed.

“I think people are feeling a lot better than yesterday, I can sense that,” Rep. Henry Cuellar (D-Texas) said. “We’ll take the caucus lead.”

“It feels like what is necessary to get to an agreement is happening,” echoed Rep. Steny Hoyer (D-Md.).

Jordain Carney contributed to this report.

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