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Rebecca Picciotto in political news

Joe Biden - Donald Trump - Rebecca Picciotto - Biden to target 'rent gouging' landlords, as high housing costs factor into 2024 race - cnbc.com - state Nevada - state Michigan

Biden to target 'rent gouging' landlords, as high housing costs factor into 2024 race

President Joe Biden will visit the battleground state of Nevada Tuesday to take aim at corporate landlords, who the White House claims are keeping rents artificially high even as overall inflation has eased. Biden's attack on what he calls 'rent gouging' is part of his broader, election year effort to shift the blame for stubbornly high costs of living away from the president and his economic policies, and onto corporations with outsized pricing powers. As public sentiment about the economy turns more upbeat, housing remains a major pain point. The most recent consumer price index, a key measure of inflation, found that energy and shelter costs were the primary driver

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Mike Johnson - Rebecca Picciotto - Bill - Border funding battle snags budget talks in Congress with shutdown days away - cnbc.com

Border funding battle snags budget talks in Congress with shutdown days away

Congress is back at the budget negotiation table this week and border security disputes again are threatening to torpedo talks as a weekend government shutdown inches closer. On Sunday, the White House told Speaker Mike Johnson, R-La., and other congressional leaders that it could jettison their proposal to fund the Department of Homeland Security via a stopgap measure through Sept. 30 rather than a permanent budget resolution, according to a senior GOP aide. Politico first reported the White House's objection to the DHS bill. "The White House's irresponsible delay in communicating reality to their congressional allies until the 11

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Joe Biden - John Kirby - Rebecca Picciotto - Bill - White House urges Senate to 'move swiftly' on TikTok bill as lawmakers drag their heels - cnbc.com - Usa - China

White House urges Senate to 'move swiftly' on TikTok bill as lawmakers drag their heels

White House national security adviser John Kirby said Sunday that the Senate should swiftly advance a bill that would force Chinese technology company ByteDance to sell TikTok. The bill passed in the House with overwhelming bipartisan support. "We're glad the House took it up. And we urge the Senate to move swiftly on this," Kirby said on ABC's "This Week." "We want to see divestiture from this Chinese company because we are concerned, as every American ought to be concerned, about data security and what ByteDance and what the Chinese Communist Party could do with the information that they can glean off of Americans use of the application." The White House's call to action comes as the Senate s

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Donald Trump - Rudy Giuliani - Rebecca Picciotto - Creditors demand Rudy Giuliani sell his $3.5 million Florida condo to pay debts - cnbc.com - Georgia - city New York - state Florida

Creditors demand Rudy Giuliani sell his $3.5 million Florida condo to pay debts

Creditors want to force Rudy Giuliani to sell his $3.5 million Florida condo to help pay his significant debts, according to a court document filed on Friday. The former New York City mayor filed for bankruptcy protection in December, citing myriad unpaid debts including a $148 million payment to two Georgia election poll workers who he falsely claimed had tampered with the 2020 election ballots while he was serving as a lawyer for former President Donald Trump. In response to Friday's filing, Giuliani's counsel said the request to sell the Florida condo is "extremely premature." "The case is still in its infancy," said Heath Berger, partner at Berger, Fischoff, Shumer, Wexler & Goodman, LLP, who is representing Giuliani i

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Joe Biden - Janet Yellen - Rebecca Picciotto - Action - Yellen touts electric vehicle 'boom' as automakers tone down hype - cnbc.com - Usa - state Kentucky - county Yell

Yellen touts electric vehicle 'boom' as automakers tone down hype

Treasury Secretary Janet Yellen on Wednesday lauded President Joe Biden's investment in electric vehicles for accelerating the sector, even as the industry cools off from its years-long hot streak. Yellen touted Biden's EV actions in Kentucky at a new $49 million EV battery factory built by Advanced Nano Parts, a battery supplier that will receive tax credits from Biden's Inflation Reduction Act for the new clean energy facility. "It's part of a boom in EV-related investments in Kentucky," Yellen said. "The Biden Administration's policies and federal funds are fueling private sector investments." The secretary's EV bullishness comes as the private

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Joe Biden - Rebecca Picciotto - Voters blame businesses more than Biden for sticky inflation - cnbc.com - Usa - state Michigan

Voters blame businesses more than Biden for sticky inflation

President Joe Biden is starting to win the inflation blame game against corporations. A recent Financial Times-Michigan Ross online poll found that 63% of survey respondents blame price increases over the last six months on "large corporations taking advantage of inflation," up from 54% in November. Meanwhile, 38% of respondents attributed the price increases to Democratic policies, unchanged from November. A 59% majority still disapproved of Biden's handling of the economy, down only slightly from 61% in November, the poll showed. The poll, taken between Feb. 29 and March 4, su

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Joe Biden - Donald Trump - Rebecca Picciotto - Biden's 2025 budget marries progressive tax hikes with populist campaign planks - cnbc.com

Biden's 2025 budget marries progressive tax hikes with populist campaign planks

President Joe Biden's 2025 funding proposal set to be released Monday will repackage his tax hike proposals on billionaires and corporations and many other requests from his 2024 budget, which is still under negotiation on Capitol Hill halfway into the fiscal year. Like all presidential budgets, Biden's 2025 plan is more of a wish list than it is a policy document. This year, as the president faces a likely general election rematch against Donald Trump in November, his budget is also a statement of the Biden campaign's economic platform. According to the White House, the budget aims to reduce the federal deficit by $3 trillion over the next 10 years largely by imposing a minimum 25% tax rate on the unrealized income of the very wealthiest households and by reshaping the corporate tax code. Biden will also seek to shore up Medicare and

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Joe Biden - Andrew Bates - Rebecca Picciotto - Katie Britt - Biden White House condemns Sen. Katie Britt ‘lies’ in her State of the Union rebuttal - cnbc.com - state Alabama

Biden White House condemns Sen. Katie Britt ‘lies’ in her State of the Union rebuttal

The White House on Sunday slammed Sen. Katie Britt, R-Al., for misrepresenting her comments on sex trafficking to attack President Joe Biden's border policy. "Instead of telling more debunked lies to justify opposing the toughest bipartisan border legislation in modern history, Senator Britt should stop choosing human smugglers and fentanyl traffickers over our national security and the Border Patrol Union," White House Spokesman Andrew Bates said in a statement. The White House joined a chorus of Britt critics. The Alabama senator has been widely criticized, including by some on the right, for choosing to deliver her rebuttal to Biden's State of the Union from her kitchen and for her ofte

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