*By Justin Chermol*
California Rep. Ro Khanna has a novel idea about how to solve the government shutdown: call in some experts.
"Why don't we get an independent group of experts? The president appoints two people. The House appoints two people. The Senate appoints two people," the Silicon Valley-based Democrat suggested. "Put them in a room ー six folks ー and have them come up with proposals that are going to be 6-0."
"Arbitrators do this all the time. Mediators do this all the time," he told Cheddar's J.D. Durkin. " People sue each other, they have disputes and somehow it gets resolved. "It’s only in the United States government that we’re unable to move forward."
Well into its fourth week, the partial government shutdown shows no signs of ending. As the California congressman representing Silicon Valley, Khanna understands its impact not only on federal workers, but also his tech-based constituency. Private companies looking to file an IPO have been stalled by the government stalemate, which has hampered the work of the Securities and Exchange Commission.
"You ... don't have startups being able to go public, and there is a whole line of companies that can't get public, can't go public because of the shutdown," Khanna explained.
He said this should concern President Trump, who has taken credit for last year's stock market increases ー and may find himself shouldering the blame if the market continues to show weakness.
"If the President obsesses over the stock market ー he's hurting the stock market, he's hurting our innovation, he's hurting our entrepreneurship. This is actually having real damage," Khanna said.
With House Speaker Kevin McCarthy's latest funding plan in ruins and lawmakers leaving town for the weekend, there's no endgame in sight as hard-right Republicans push dangerously closer to a disruptive federal shutdown.
A judge rejected Hunter Biden's request to attend his next court hearing virtually.
Free Covid tests are making a return thanks to the federal government.
The Biden administration said it's allowing about 100,000 Venezuelan migrants already in the U.S. to work and live legally in the country.
The U.S. sent two prototype drone ships to Japan to start testing surveillance and possible attacks against China.
A judge rejected Hunter Biden's request to appear virtually at his next court hearing.
House Republicans clashed with Attorney General Merrick Garland on Wednesday, accusing him and the Justice Department of the “weaponization” of the department's work in favor of President Joe Biden 's son Hunter.
The Federal Reserve left its key interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased. But Fed officials also signaled that they expect to raise rates once more this year.
The Biden administration announced Wednesday that it is providing $600 million in funding to produce new at-home COVID-19 tests and is restarting a website allowing Americans to again order up to four free tests per household — aiming to prevent possible shortages during a rise in coronavirus cases that has typically come during colder months.
The Pentagon began a new effort Wednesday to contact former service members who may have been forced out of the military and deprived of years of benefits due to policies targeting their sexual orientation, starting with those who served under “Don't Ask, Don't Tell."
Load More