House Republicans took a critical step late Thursday night toward bringing up the long-stalled foreign aid bill for Ukraine and Israel, after being forced to rely on Democratic votes to move a plan to consider it out of a key committee and onto the floor. The 9-to-3 vote in the critical Rules Committee was an…
Tag: Rescue
Democrats Weigh Whether to Rescue McCarthy From G.O.P. Ouster Bid
The hard-right move to oust Speaker Kevin McCarthy from his post has presented House Democrats with a tricky question: Should they help rescue the California Republican who has worked against their agenda and recently opened an impeachment inquiry against President Biden? Mr. McCarthy’s slender majority and the size of the band of right-wing rebels working…
How Washington Decided to Rescue Silicon Valley Bank
WASHINGTON — On Friday afternoon, the deputy Treasury secretary, Wally Adeyemo, met with Jamie Dimon, the chief executive of JPMorgan Chase & Company, at Mr. Dimon’s office in New York. The Biden administration and the Federal Reserve were considering what would be the most aggressive emergency intervention in the banking system since the 2008 financial…