Mike Johnson

President Donald Trump during his joint address to Congress on Tuesday evening called for ending the CHIPS Act, which provides manufacturing incentives to semiconductor companies setting up their facilities in the U.S. What Happened: During a primetime address to Congress on Tuesday, the president...

House Speaker Mike Johnson says that his first private meeting with President Joe Biden left him deeply concerned, as Biden appeared unaware of an executive order he had recently signed. What Happened: In an interview with The Free Press, Johnson alleged that Biden's cognitive state and lack of...

U.S. Rep. Mike Johnson (R-La.) has been re-elected as speaker of the house after a close vote Friday that needed meetings with holdouts to change their votes as the new session of Congress began Friday. What Happened: Johnson faced pressure from several Republican holdouts ahead of Friday's vote...

As the U.S. House of Representatives gears up for a potentially contentious speaker election, market watchers are on edge. What Happened: The U.S. House of Representatives is poised for a challenging speaker election, potentially impacting market-related legislative actions. Mike Johnson is...

President-elect Donald Trump has publicly announced his support for Mike Johnson‘s election as speaker despite reservations from some members of his own party. What Happened: Trump recognized the reluctance of some Republicans to allow Johnson to maintain his position as speaker. Trump gave...

House conservatives are pressuring Speaker Mike Johnson after a rocky week of negotiations and infighting over a government spending bill. Johnson, who narrowly avoided a government shutdown, now faces intense scrutiny from his party with a speakership vote looming in two weeks, reports Politico....

Facing a looming government shutdown, the Senate moved swiftly on Saturday to pass a bipartisan bill that temporarily funds federal operations and provides disaster aid. What Happened: The House, led by Speaker Mike Johnson, overwhelmingly approved the legislation, 366-34, before the Senate passed...

Tesla and SpaceX CEO Elon Musk, who had earlier expressed skepticism over Speaker Mike Johnson's (R-La.) latest plan, shifted his stance after the passage of a spending package to avert a government shutdown. What Happened: Taking to X, formerly Twitter, Musk praised Johnson's efforts saying, "The...

On Friday, the House of Representatives approved a stopgap funding bill, just hours before a potential government shutdown. What Happened: The legislation, which extends funding into mid-March and includes disaster relief, now moves to the Senate, reported the New York Times. The bill passed with a...

Elon Musk's role in the political dynamics of President-elect Donald Trump's team took center stage during this week's government shutdown drama as the billionaire's often scathing criticism of a bipartisan spending bill unleashed a wave of chaos on Capitol Hill. Musk's social media posts, which by...

Wall Street is watching for developments in Washington, D.C. Friday after Thursday's failed attempt to avert a government shutdown. Some stocks remain wobbly as the day wears on and a midnight deadline approaches. What Happened: The House turned down a contingency plan proposed by Speaker Mike...

On Thursday, the House turned down a contingency plan proposed by House Speaker Mike Johnson (R-La.) aimed at averting a government shutdown and suspending the debt limit. What Happened: Johnson’s measure, introduced only hours before the vote, failed to secure the necessary two-thirds...

Billionaire Elon Musk wears many hats as the leader of companies like Tesla Inc (NASDAQ:TSLA), SpaceX, The Boring Company, Neuralink and X. Could the title of Speaker of the House get added on top of his Department of Government Efficiency role soon? What Happened: The influence Musk has on...

President-elect Donald Trump unexpectedly dismissed a bipartisan proposal on Wednesday, increasing the possibility of a U.S. government shutdown ahead of Christmas. However, according to research firm Edward Jones, markets tend to look through the noise, with U.S. stocks staying positive half the...

With just six weeks left in 2024, Senate Majority Leader Chuck Schumer (D-NY) faces mounting criticism for failing to deliver on his long-standing promise of achieving cannabis banking reform. Now, he’s mounting a Hail Mary effort to get it across the finish line before the term ends....