Connect with us

News

Top Republicans question McCarthy over release of January 6 footage as speaker vows deliberate approach | CNN Politics

Published

on

Top Republicans question McCarthy over release of January 6 footage as speaker vows deliberate approach | CNN Politics



CNN
 — 

Speaker Kevin McCarthy confronted questions from his management group Monday night time over his plans to publicly launch safety footage from January 6, 2021, a number of sources instructed CNN – a course of that he mentioned may take a while to disseminate extensively at the same time as Fox Information host Tucker Carlson has had an early glimpse.

Whereas GOP leaders are supportive of the transfer to launch the footage – which was one of many many concessions McCarthy made in his bid to turn into speaker – some lawmakers within the closed-door management assembly requested whether or not delicate safety protocols or sure evacuation routes could be uncovered by taking that step.

Others questioned how lengthy the footage goes to be dragged out within the press, with some lawmakers involved in regards to the optics of showing to attempt to downplay a lethal riot within the US Capitol.

“Let’s simply rip the Band-aid off and get this over with,” one GOP lawmaker instructed CNN.

Advertisement

Sources mentioned McCarthy assured his management group that he desires to maneuver swiftly, however mentioned they have to be deliberate about how they deal with it to make sure the discharge doesn’t endanger their safety. He additionally instructed lawmakers that different media retailers will get entry to the footage after Carlson airs his unique, nevertheless it may take a couple of weeks.

CNN, together with a bunch of different media organizations, has signed on to a letter calling for congressional leaders to grant entry to the safety footage from the riot.

A congressional supply accustomed to the matter mentioned there have been ongoing discussions with the Capitol Police about what restrictions must be positioned on the footage and that it remained unclear precisely what limitations could be on the video that Carlson will likely be allowed to air. However even giving Carlson the video footage has spawned widespread issues, given the conservative host has pushed conspiracy theories in regards to the assault and downplayed the violence by the hands of Trump supporters.

Home GOP Convention Chair Elise Stefanik of New York confirmed that the subject got here up of their management assembly and mentioned she totally helps McCarthy’s choice to publicly launch the footage. She additionally mentioned Republicans would be sure that regulation enforcement and safety protocols are protected.

“Not like Democrats, we do work very successfully with the Capitol Police. And we respect regulation enforcement,” Stefanik instructed CNN. “That is about transparency.”

Advertisement

McCarthy, who initially instructed reporters he would reply questions on Monday, left the Capitol and prevented reporters and questions in regards to the matter.

However certainly one of his closest allies – Georgia Rep. Marjorie Taylor Greene, who additionally has downplayed the January 6 assault – backed his choice to provide the footage to Carlson. She instructed CNN she performed a job in McCarthy’s choice to show the footage over to Carlson, however she wouldn’t go into additional element.

Greene, who was not within the Monday night time assembly, mentioned she’s spoken with McCarthy, and that the speaker’s workplace is coordinating a course of for methods to launch the footage extra extensively, past Fox Information, whereas additionally guaranteeing it doesn’t violate any safety issues.

“We will’t give away our nationwide safety,” Greene mentioned, “Everybody in Congress agrees. And I believe the American folks agree. We don’t need Russia or China or any of those different nations with the ability to research all of the entries and exits of our capital. That’s silly.”

Greene instructed CNN that Carlson’s group was additionally given sure parameters for what they may and couldn’t air. “Sure … in fact (there have been parameters) they’re being extraordinarily cautious and accountable.”

Advertisement

“I believe it’s any day now,” Greene instructed CNN of when to count on a number of the footage to air on Fox Information.

Florida Rep. Matt Gaetz, who urged the speaker to launch the footage as McCarthy was courting his vote for the speakership, wouldn’t say if that was a part of the dedication made to encourage him to vote “current” and assist the California Republican’s trigger.

“I believe it’s getting launched,” Gaetz instructed CNN of the safety footage.

Prime Democrats, too, are intently monitoring the matter.

Home Democratic Chief Hakeem Jeffries of New York mentioned he and McCarthy “haven’t had an prolonged dialog” but about releasing the footage to Carlson.

Advertisement

“However I sit up for speaking to him this week and additional about determining an strategy that is sensible and respects the safety issues that many members have articulated within the Home,” Jeffries mentioned of the speaker.

Prime Democrats are ready to see what footage is finally launched earlier than taking place on whether or not the total media must also have entry to it, a supply accustomed to the matter mentioned.

Requested if he believed the footage must be launched extensively to the media, Jeffries instructed CNN: “I’ve no touch upon that proper now.”

Different Democrats have been outraged on the speaker.

Democratic Rep. Bennie Thompson of Mississippi, who chaired the choose committee on January 6, instructed CNN that McCarthy “opened up a can of worms” by agreeing to launch the footage to Carlson and dinged the California Republican for fundraising off the transfer, which he mentioned places “the establishment in danger.”

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

News

Video: What Threats Mean for Trump’s Campaign

Published

on

Video: What Threats Mean for Trump’s Campaign

Former President Donald J. Trump’s advisers are considering whether to modify his travel after threats to his life from Iran and two assassination attempts, according to several people briefed on the matter. Maggie Haberman, a senior political correspondent for The New York Times, recounts the ways in which these threats have affected Mr. Trump and his campaign.

Continue Reading

News

Chinese stocks post best week since 2008 after stimulus blitz

Published

on

Chinese stocks post best week since 2008 after stimulus blitz

Unlock the Editor’s Digest for free

Chinese equities have surged to their best week since 2008 after Beijing launched an economic stimulus package including a $114bn war chest to boost the stock market.

The CSI 300 index of Shanghai- and Shenzhen-listed companies is up 15.7 per cent for the week in its best performance since November 2008, when China announced a similar stimulus package in response to the global financial crisis.

The rally, which has also helped buoy European markets and industrial metals, comes as China’s leadership rushes to support the country’s capital markets, stabilise a property sector crisis and boost domestic consumption in order to meet its economic growth target of 5 per cent for the year.

Advertisement

On Tuesday, the People’s Bank of China unveiled an Rmb800bn ($114bn) lending pool for the country’s capital markets, comprising funds to lend to companies to buy back their own shares and to lend to non-bank financial institutions such as insurers to buy local equities.

The CSI 300 index closed up 4.5 per cent on Friday while Hong Kong’s Hang Seng index rose 3.6 per cent, up 13 per cent since the start of the week in its biggest weekly gain since October 1998 during the Asian financial crisis.

“We are at a pivotal moment for the Chinese economy and its equities market,” said Nicholas Yeo, head of China equities at Abrdn, who said in a note that the US Federal Reserve’s recent interest rate cut would also be a significant tailwind.

“Global easing conditions are poised to bolster consumption, which is a boon for China, the world’s largest exporter.”

Hopes for more stimulus in China helped lift European stocks. The region-wide Stoxx 600 hit a fresh record high on Friday, pushed higher by luxury groups that would benefit from stronger consumer spending in China.

Advertisement

The China rally followed Wall Street gains after the S&P 500 closed on Thursday at a record high for the third time this week, with equities climbing ahead of Friday’s inflation report.

Chinese authorities in August restricted the daily northbound data through the Hong Kong Stock Connect programme that shows foreign investor flows into mainland stocks.

Some content could not load. Check your internet connection or browser settings.

But Citi said the past three days were “the busiest period for Citi’s equities sales and trading team in the Asia region, with record client flows” into Hong Kong and mainland Chinese equities.

The Shanghai Stock Exchange put out a notice on Friday warning investors of “abnormally” slow transaction speeds as a result of frenzied morning trading, said two people familiar with the situation.

“We can’t dismiss this as the same old policy,” said Winnie Wu, equity strategist at Bank of America. “This is the first time that the government is encouraging leveraged investment in the stock market. A liquidity-leveraged rally should still have significant room to go.”

Advertisement
Line chart of Indices rebased in $ terms up to Sep 26 showing Hong Kong stocks are almost level with the S&P 500 year-to-date

David Chao, a global market strategist at Invesco, said the rally in Chinese stocks could be sustained. “China markets are about momentum, and I see certain parallels between the existing rally and that of the 2014-15 rally,” when Shanghai’s index rose about 150 per cent between June 2014 and June 2015 but then collapsed.

Chao added that, as the dollar continued to weaken on the back of interest rate cuts from the Federal Reserve, he predicted “possible rotation out of the expensive and crowded global tech trade into cheaper [emerging market] assets”.

The stimulus measures this week have propelled most commodity prices higher, with the notable exception of oil, which has been damped by news of Saudi Arabia preparing to increase output. 

In particular, industrial metals such as copper, aluminium and zinc, of which China is a huge consumer because of its vast manufacturing sector, have surged, building on a rally that started earlier this month.

Copper, which is used heavily in the final stages of construction for electrical wiring, has gained more than 5 per cent since Tuesday to break through the $10,000 per tonne mark and reach its highest level in three months. 

For iron ore, a steelmaking ingredient, the stimulus measures have helped trigger a rebound after a slide in price to a two-year low that was largely driven by weak consumption of steel.

Advertisement

“In a commodity where expectations were negative, such as iron ore, this marks a clear turn,” said Colin Hamilton, commodities strategist at BMO. “We see this as a clear reflation trade, but the question will be whether it is enough to boost weak consumer sentiment.”

Continue Reading

News

Donald Trump and Volodymyr Zelensky to meet as tensions rise

Published

on

Donald Trump and Volodymyr Zelensky to meet as tensions rise

Former President Donald Trump is scheduled to meet Ukraine’s President, Volodymyr Zelensky, as tensions rise between the two men over how the future defense of Ukraine against Russian invasion will be conducted if Trump wins the U.S. election.

Trump has long argued that Vladimir Putin would not have dared invade Ukraine if he had been president at the time of the invasion in February 2022. He referred to Zelensky as a “salesman” for securing U.S. financial and military assistance for Ukraine, worth over $175 billion according to the Council on Foreign Relations.

In addition, Trump praised Russia’s historic military victories this week and called for the U.S. “to get out” and end its involvement with Ukraine-Russia conflict. Speaking Wednesday in North Carolina, Trump referred to Ukraine as “demolished” and its people as “dead.”

Republican presidential nominee former President Donald Trump speaks at Trump Tower in New York, Thursday, Sept. 26, 2024. According to Trump, it was Zelensky’s office who approached him for the visit which is set for…


Seth Wenig/AP

“Any deal—the worst deal—would’ve been better than what we have now,” Trump said. “If they made a bad deal it would’ve been much better. They would’ve given up a little bit and everybody would be living and every building would be built and every tower would be aging for another 2,000 years.”

According to Trump, it was Zelensky’s office who approached him for the visit which is set for 9.45 a.m. Eastern Time on Friday at Trump Tower in New York. Trump said in a news conference Thursday “I look forward to seeing him tomorrow. I believe I will be able to make a deal between President Putin and President Zelensky, quite quickly.”

Advertisement

The timing is significant for the U.S. election.

Clear political battle lines have already been drawn between Democrat rival Harris and Republican Trump over the future of U.S. support for Ukraine and the nation’s role as the main contributor to NATO. The U.S. is due to contribute up to $755 billion in 2024 according to the international defense pact’s own estimates.

Trump meets Zelensky
Vice President Kamala Harris meets with Ukraine’s President Volodymyr Zelenskyy, Thursday, Sept. 26, 2024, in the vice president’s ceremonial office inside the Eisenhower Executive Office Building on the White House complex in Washington. In keeping…


Jacquelyn Martin/AP

In keeping with President Biden’s stated foreign policy goals, Harris reinforced her continued support for NATO and Ukraine when she accepted her nomination for candidacy in August. Trump, however has remained highly critical, even threatening to withdraw intelligence cooperation and military assistance to NATO members who in his view don’t pay their fair share.

Friday’s meeting almost wasn’t scheduled to go ahead despite Zelensky’s office stating it had been planned during the Ukrainian leader’s visit to the U.N. General Assembly, during which he is making an endgame pitch to his international allies.

In an interview with The New Yorker, Zelensky suggested Trump oversimplifies the conflict and does not understand Ukraine. The Ukrainian leader further explained his position that Trump’s running mate JD Vance was “too radical” by advocating for Ukraine to “make a sacrifice” by “giving up its territories.”

Harris on Thursday stood alongside Zelensky and said Trump’s push for Ukraine to quickly cut a deal to end the war were “not proposals for peace,” but “proposals for surrender.” Trump on Thursday said he was not advocating for a surrender.

Advertisement

While Trump and Vance have long been skeptics of U.S. backing for Ukraine, other Republican allies of the former president have backed Kyiv’s defense against Moscow’s invasion and argue supporting Ukraine is still in America’s interest.

This article includes reporting from The Associated Press

Continue Reading

Trending