Latest news with #Democrats
Wall Street Journal
5 minutes ago
- Politics
- Wall Street Journal
How Big Is the DNC's Tent?
DNC Chairman Ken Martin believes his party will 'win through addition' ('Notable & Quotable: 'We Are a Big-Tent Party''). Asked about Zohran Mamdani's refusal to condemn the call to globalize the intifada, Mr. Martin said: 'We have conservative Democrats. We have centrist Democrats. We have labor progressives like me. And we have this new brand of Democrat, which is the leftist.' Interesting. How about Democrats who believe there are only two sexes or that abortion takes innocent lives? It seems the tent only stretches to fit in antisemitism.
The Hill
9 minutes ago
- Business
- The Hill
Trump's disapproval rating hits record for second term
President Trump's disapproval rating hit its highest level since the start of his second term in office, according to the latest Economist/YouGov poll. The survey, conducted over the weekend, shows 55 percent disapprove of the way Trump is handling his job, compared to 41 percent who approve. The most recent poll marks a slight shift from the prior week, when 53 percent disapproved and 42 percent approved of the job he was doing as president. The week before that saw the same results. Trump started his second term with 49 percent approval and 43 percent disapproval. Trump saw lower support in mid-June, when 40 percent approved of his handling of the presidency, but only 54 percent disapproved at the time — short of the record 55 percent in the latest poll. The overall dip in approval since Trump took office has been driven largely by falling support among Democrats and independents. In the poll conducted in late January, Trump's approval rating among Democrats was at 12 percent. Today, only 3 percent approve of the president. A similar shift exists among independents, 41 percent of whom approved of the president right after he took office in January, compared to just 29 percent today. Republicans, meanwhile, see virtually no change in their level of support for the president. When Trump took office, 94 percent approved of his handling of the job — similar to the 92 percent who approve today. The Economist/YouGov survey separates the self-identified MAGA Republicans from those Republicans who say they don't identify with the MAGA movement — with each group representing half of all Republicans surveyed. Among self-identified MAGA Republicans, Trump's approval rating has consistently hovered at around 98 percent. Republicans who don't identify with the MAGA movement, however, began Trump's term approving of the president at a rate of 90 percent. By mid-April, that dropped to 70 percent, and, by the latest poll, that share is back up to 85 percent. The latest Economist/YouGov poll includes 1,680 U.S. adults and was conducted July 11-14. The margin of error is 3.4 percentage points.
Business Times
14 minutes ago
- Business
- Business Times
Trump moves to end ‘Crypto Week' legislation snag
[WASHINGTON] US President Donald Trump on Tuesday (Jul 15) stepped in to broker an agreement among Republican lawmakers after a snag cast doubt on the fate of long-awaited cryptocurrency legislation that would mark a major victory for the digital assets sector. A failed procedural vote in the House of Representatives earlier on Tuesday sent shares of crypto firms lower. But the Republican president said in a statement late on Tuesday that he was meeting in the Oval Office with 11 of 12 members of Congress needed to pass the legislation. 'After a short discussion, they have all agreed to vote tomorrow morning in favour of the Rule,' Trump said on his social media platform. House Republicans had billed this week as 'Crypto Week', and were keen to advance numerous pieces of legislation aimed at providing clarity to the digital asset industry and long-sought legitimacy to the sector. Several conservative Republicans on Tuesday earlier joined with Democrats in blocking a procedural vote to allow consideration of three crypto bills as part of a dispute over how the measures should be packaged and considered. Shortly after that vote, House Speaker Mike Johnson told reporters that he planned to continue discussing the matter with members and hoped to vote on it again shortly. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Shares of crypto-related stocks including Circle Internet and Coinbase Global fell on the news of the vote but then pared losses. The House is attempting to pass a series of crypto-related bills, most notably a bill that would establish a regulatory framework for stablecoins. Stablecoins, a type of cryptocurrency designed to maintain a constant value, usually a 1-to-1 US dollar peg, are commonly used by crypto traders to move funds between tokens. Their use has grown rapidly in recent years, and proponents say they could be used to send payments instantly. That bill, and another the House is considering that would define when a crypto token is a commodity, would be a huge win for the crypto industry. The House also was set to consider a bill that would prohibit the US from issuing a central bank digital currency. Republicans say there is a risk this could give the government too much control over Americans' personal finances. That bill has not been considered in the Senate and the Federal Reserve has not indicated a desire to develop a central bank digital currency. REUTERS
The Sun
18 minutes ago
- Business
- The Sun
Trump intervenes to resolve crypto legislation deadlock in US
WASHINGTON: U.S. President Donald Trump on Tuesday stepped in to broker an agreement among Republican lawmakers after a snag cast doubt on the fate of long-awaited cryptocurrency legislation that would mark a major victory for the digital assets sector. A failed procedural vote in the House of Representatives earlier on Tuesday sent shares of crypto firms lower. But the Republican president said in a statement late on Tuesday that he was meeting in the Oval Office with 11 of 12 members of Congress needed to pass the legislation. 'After a short discussion, they have all agreed to vote tomorrow morning in favor of the Rule,' Trump said on his social media platform. House Republicans had billed this week as 'Crypto Week,' and were keen to advance numerous pieces of legislation aimed at providing clarity to the digital asset industry and long-sought legitimacy to the sector. Several conservative Republicans on Tuesday earlier joined with Democrats in blocking a procedural vote to allow consideration of three crypto bills as part of a dispute over how the measures should be packaged and considered. Shortly after that vote, House Speaker Mike Johnson told reporters that he planned to continue discussing the matter with members and hoped to vote on it again shortly. Shares of crypto-related stocks including Circle Internet and Coinbase Global fell on the news of the vote but then pared losses. The House is attempting to pass a series of crypto-related bills, most notably a bill that would establish a regulatory framework for stablecoins. Stablecoins, a type of cryptocurrency designed to maintain a constant value, usually a 1-to-1 dollar peg, are commonly used by crypto traders to move funds between tokens. Their use has grown rapidly in recent years, and proponents say they could be used to send payments instantly. That bill - and another the House is considering that would define when a crypto token is a commodity - would be a huge win for the crypto industry. The House also was set to consider a bill that would prohibit the U.S. from issuing a central bank digital currency. Republicans say there is a risk this could give the government too much control over Americans' personal finances. That bill has not been considered in the Senate and the Federal Reserve has not indicated a desire to develop a central bank digital currency. - Reuters
The Sun
an hour ago
- Health
- The Sun
US Senate votes on Trump foreign aid cuts, PEPFAR funding preserved
WASHINGTON: The U.S. Senate is due to begin voting on Tuesday on President Donald Trump's request to slash billions in spending on foreign aid and public broadcasting previously approved by Congress, the latest test of Trump's control over his fellow Republicans. However, Office of Management and Budget Director Russell Vought told reporters it will no longer include a plan to cut funds designated for PEPFAR, a global fund to fight HIV/AIDS, bringing the size of the package of cuts to $9 billion from $9.4 billion. Senator John Thune of South Dakota, the chamber's Republican majority leader, said he expected the first procedural voting on Tuesday. He had said that some members of his party had wanted changes in the bill. The Senate has until Friday to act on the rescissions package, originally a request to claw back $8.3 billion in foreign aid funding and $1.1 billion for public broadcasting. Otherwise, the request will expire and the White House will be required to adhere to spending plans passed by Congress. Approving the Senate bill without the PEPFAR cuts means the measure must go back to the House of Representatives for a vote before it can be sent back to Trump to sign into law. Thune said he expected the House would act quickly to pass the measure. The amounts at stake are extremely small in the context of the sprawling federal budget, which totaled $6.8 trillion in the fiscal year ended September 30. Yet the proposed cuts have raised the hackles of Democrats and a handful of Republicans who saw an attempt to erode Congress's Constitutionally mandated authority over spending. The foreign aid initiatives in Trump's request for cuts included lifesaving support for women and children's health and the fight against HIV/AIDS that have long had strong bipartisan support. The package also cuts funds supporting public broadcasting, which can be the main source of news and emergency information in rural parts of the U.S. Critics of the cuts said the amounts of money involved were small but funded essential programs that should not be cut. 'What is going on here? Does anyone stand up to these horrible, horrible cuts that hurt the American people?' Senator Charles Schumer of New York, the chamber's Democratic leader, said on Monday. Trump has threatened to withhold his endorsement from any member of Congress who does not vote for the measure without changes. PAST RESCISSIONS PACKAGES FAILED Standalone presidential rescissions packages have not passed in years, with lawmakers reluctant to cede their constitutionally mandated control of government spending. During Trump's first term in 2018, Congress members rejected Trump's request to revoke $15 billion in spending. Trump's Republicans hold narrow majorities in the Senate and House. So far, they have shown little appetite for opposing his policies. The rescissions legislation passed the House by 214-212 last month. Four Republicans joined 208 Democrats in voting against it. Some Republican senators had expressed concern about some of Trump's requests. Senator Susan Collins of Maine, who chairs the Appropriations Committee, had said she opposed Trump's request to cut funding for the global programs to fight HIV/AIDS. Democrats have warned that the foreign aid and broadcasting cuts, which overturn spending agreements between Republicans and Democrats, could make it more difficult to negotiate the package of spending bills that must pass by September 30 to fund the government next year and avoid a shutdown. 'How are we supposed to negotiate a bipartisan deal if Republicans will turn around and put it through the shredder in a partisan vote?' asked Senator Patty Murray from Washington, the top Democrat on the appropriations committee. Appropriations bills require 60 votes to move ahead in the Senate, but the rescissions package needs just 51, meaning Republicans can pass it without Democratic support. - Reuters
