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“U.S. Chamber of Commerce Hosts Michael Morell as Keynote Speaker at Major Event”

Morell, Donald Trump’s “deep state” enemy No. 1, spoke at a Chamber of Commerce event Monday, highlighting the strange gulf between the K Street titan and the GOP.

The post U.S. Chamber of Commerce Invites Trump Bête Noire Michael Morell to Speak at Major Gathering appeared first on The Intercept.

“Former Aide to Joe Manchin, Scott Sears, Shares Insights in Conversation”

How seriously is Manchin considering a presidential run?

The post A Conversation With Joe Manchin’s Former Right Hand, Scott Sears appeared first on The Intercept.

“Trump: A Predator Who Preys on Followers”

Trump’s body man Walt Nauta is just the latest in a long line of lackeys.

The post Trump Is a Predator Who Feeds on Lackeys appeared first on The Intercept.

US Lawmakers Aim to Stop State Bans on Foreign Property Purchases

A raft of states are looking to restrict property purchases by citizens of U.S. adversaries like China and Iran. Democrats in Washington are pushing back.

The post U.S. Lawmakers Seek to Preempt State-Level Bans on Foreigners Buying Property appeared first on The Intercept.

US Debt Ceiling Bill Passes House with Bipartisan Support

WASHINGTON: The US House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to overcome opposition led by hard-line conservatives and avoid a catastrophic default. The Republican-controlled House voted 314-117 to send the legislation to the Senate, which must enact the measure and get it to President Joe Biden’s desk before a Monday deadline, when the federal government is expected to run out of money to pay its bills.

Big inflows in US money market funds due to debt ceiling caution

BENGALURU: US money market funds saw big inflows in the week to May 24 as investors favored safer bets ahead of a deadline for politicians to agree an increase in the country’s debt ceiling, according to Reuters. According to Refinitiv Lipper data, US money market funds received a net $39.9 billion of inflows, the biggest week of net buying in four weeks.

US House passes debt bill, may face Biden veto

The Biden administration has called on House Speaker McCarthy to instead raise the debt ceiling 'without conditions'.

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