House Speaker Kevin McCarthy, R-Calif., said on CNBC Thursday the House won't approve a continuing resolution from the Senate, in part because it doesn’t address border security. “I think we could work through the weekend and I think we could figure this out,” he said. McCarthy held out hope the government won’t close at midnight Saturday. “We’re going to get this done,” he said. He acknowledged that reaching an agreement won’t be easy. “I’ve got challenges [in] our conference,” he said: “I’ve got members who will not vote to have a stopgap measure to continue to fund the government. I’ve got members who say they’ll never vote for an omnibus [bill]. Well, if you won’t do any of that, it’s hard to govern.” Senate Majority Leader Chuck Schumer, D-N.Y., filed cloture Sept. 28 on the Securing Growth and Robust Leadership in American Aviation Act (H.R. 3935), the shell bill for the chamber's continuing resolution that would avert a federal government shutdown and extend appropriations until Nov 17. The Senate voted 76-22 earlier that day on a motion to proceed to the CR.
Howard Buskirk
Howard Buskirk, Executive Senior Editor, joined Warren Communications News in 2004, after covering Capitol Hill for Telecommunications Reports. He has covered Washington since 1993 and was formerly executive editor at Energy Business Watch, editor at Gas Daily and managing editor at Natural Gas Week. Previous to that, he was a staff reporter for the Atlanta Journal-Constitution and the Greenville News. Follow Buskirk on Twitter: @hbuskirk
Huawei doesn’t expect to make rapid progress with President Joe Biden's administration on U.S. sanctions, Rotating Chairman Eric Xu told analysts April 12 in a streamed presentation. Huawei faces challenges due to the COVID-19 pandemic, geopolitics and U.S. sanctions, Xu said. Meanwhile, Biden hosted executives from AT&T, Google, Intel, automakers and other tech companies for a virtual discussion of supply chain issues. Xu said the U.S. is responsible for supply disruptions.
The U.S. Export-Import Bank focused on 5G during a teleconference on May 14 as part of its “Strengthening American Competitiveness” initiative. Chair Kimberly Reed said EXIM’s goal is that at least $27 billion of the bank’s funds be dedicated to exports that compete directly with China. “For us to be successful … it’s going to be critical for us to achieve tangible results in the form of completed deals that help specific businesses here in America generate exports and support U.S. jobs,” said Senior Vice President-Program on China and Transformational Exports David Trulio: “Economic security is national security.”