Tag Archives: Kevin McCarthy

Former US secretary of state Henry Kissinger was known for working behind the scenes in the interest of peace. High-level talks in Vienna, backchannel meetings in China and nuanced, restrained actions around Taiwan suggest greater understanding between Washington and Beijing is not impossible. Source link

US President Joe Biden’s administration is reaching for a deal with Republicans led by House Speaker Kevin McCarthy. The sides are up against a deadline as soon as June 1 to raise its borrowing limit, now at US$31 trillion. Source link

House Speaker Kevin McCarthy’s lead negotiator Garret Graves says he does not know if talks will resume on Friday or over the weekend. Source link

The US president has left for a G7 summit in Japan, but plans to return by the weekend in hopes of an end to the political stand-off. Source link

Speaker Kevin McCarthy and other Republicans continue to tie passage of a bill that would avoid US default – which could happen as early as June – to spending cuts in the federal budget. Source link

Both the president and the Republican leader have made clear that they are not interested in a short-term extension, even as markets show signs of strain. Source link

The narrowly passed legislation will slash programmes like healthcare for the poor, and is expected to be ‘dead on arrival’ in the Senate. Source link

In letter to US Secretary of State Antony Blinken, 21 House Republicans say excluding Taiwan from full participation in event ‘sends the wrong message’ and is tantamount to ‘asking China for a permission slip’. Source link

Gallagher said he would like to know how Tesla’s CEO Elon Musk balances US government support for the electric-car maker and its operations in China. Source link

Beijing’s reaction to Tsai Ing-wen’s latest US visit was predictable but obscured a more concerning issue for mainland officials. Speaker McCarthy and other Republicans’ pivot to support Ukraine has implications for China, given its backing of Russia’s invasion. Source link