Yellen Says Extreme Weather Exposes Gaps in Insurance Protection
Treasury Secretary Janet Yellen said the weather-related havoc playing out across the US is exposing a “protection gap”
1970-01-01 08:00
Kevin McCarthy and Eric Swalwell’s heated exchange on House floor revealed
New details reveal that California Rep Eric Swalwell did not hold back when criticising Speaker Kevin McCarthy last month, reportedly calling him a “p****” on the House floor. According to The Daily Beast, the heated exchange stemmed from the events of 21 June, when Republicans voted to censure California Democratic Rep Adam Schiff. As Democrats chanted “Shame!” at their colleagues across the aisle, Mr Swalwell, standing near the speaker’s podium, had something to say to one Republican in particular – Mr McCarthy. “This is pathetic,” Mr Swalwell allegedly said to the House speaker, according to two members of Congress who spoke to the outlet. “You’re weak. You’re a weak man.” Mr McCarthy looked like “he had a vein popping out of his forehead,” one lawmaker told the outlet. Another said the House speaker stared down Mr Swalwell for roughly 10 seconds before deciding to walk away. The next day, the beef between the two lawmakers intensified. Just before Indian Prime Minister Narendra Modi gave a joint address to Congress, Mr Swalwell was right outside the chamber on the Republican side when Mr McCarthy reportedly spotted him. “McCarthy said, ‘If you ever say something like that to me again, I’m gonna kick the s*** out of you,’” one member told The Daily Beast. Another lawmaker expanded on this, recalling: “They were in each other’s faces. Basically nose-to-nose. And Rep Swalwell said something like, ‘Are we really gonna do this?’” The House speaker then allegedly threatened the California Democrat: “Call me a p**** again, and I’ll kick your a**.” Both lawmakers speaking to the outlet apparently recalled the next words from Mr Swalwell identically: “You. Are. A. P****.” But Mr McCarthy did not fulfill his promise, and instead the two congressmen stared each other down before McCarthy stepped to the side. The Independent has reached out to the offices of Speaker McCarthy and Mr Swalwell for comment. The bad blood between the Californians has been spilled before; back in January, shortly after McCarthy became speaker, he booted Mr Swalwell – as well as Mr Schiff – from the House Intelligence Committee. This also isn’t the first documented instance of name-calling in the recent past among Congress members. Georgia Republican Rep Marjorie Taylor Greene called Colorado Republican Rep Lauren Boebert a “little b****” last month on the House floor. Read More ‘Shame!’McCarthy booed and heckled on House floor after ‘phony’ censure against Democrat Adam Schiff White House attacks McCarthy’s impeachment gambit as ‘ridiculous, baseless stunt’ Marjorie Taylor Greene attacks special counsel Jack Smith as ‘little b****’ for Democrats Republican-led committee calls off vote to hold Meta's Mark Zuckerberg in contempt White House attacks McCarthy’s impeachment gambit as ‘ridiculous, baseless stunt’ Biden is welcoming far-right Italian Prime Minister Meloni for White House talks
1970-01-01 08:00
Petro Says Colombia to Comply With Fiscal Rule Despite Jump in Debt
Colombia will manage to comply with fiscal rule targets even as the government’s debt load is expected to
1970-01-01 08:00
Biden to Sign Order Curbing US Tech Investments in China by Mid-August
President Joe Biden is planning to sign an executive order to limit critical US technology investments in China
1970-01-01 08:00
European Banks Improve Results in Stress Test That’s Key for Payouts
Most European banks emerged stronger from a stress test on how they would weather a sharp economic downturn,
1970-01-01 08:00
A Beach Club Dinner and Jamie Dimon’s Touch: How PacWest Was Rescued
PacWest Bancorp had borrowed its way into a corner. A smaller rival smelled an opportunity. And there was
1970-01-01 08:00
G-20 Ministers Fail to Agree on Key Climate Issues in Wide Rift
The Group of 20 environment and climate ministers’ meeting in India ended without an agreement on key issues
1970-01-01 08:00
US Consumer Sentiment Rises to Highest Since 2021 as Prices Ease
US consumer sentiment rose in July to the highest since October 2021 as inflation continued to ease. The
1970-01-01 08:00
Key US Inflation, Wage Measures Cool in Boost for Soft Landing
Key measures of US inflation and labor costs cooled significantly in recent months, adding to growing optimism that
1970-01-01 08:00
Pay Gap Between Biggest US Cities Is Getting Wider as Wages Slow
Wage growth is slowing down in the US economy as a whole — but not everywhere. The gap
1970-01-01 08:00
ECB Rate Uncertainty Looms Over Weakening Euro-Zone Economy
Uncertainty over the end point for the European Central Bank’s unprecedented bout of interest-rate hiking will hang over
1970-01-01 08:00
Crypto Firm Turns to Estonian Authorities After $37 Million Hack
CoinsPaid, the world’s biggest crypto payments provider, reported a $37 million hack it’s attributed to North Korea’s Lazarus
1970-01-01 08:00
