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The Latest Breaking News from Ro Khanna

Commentary: The Fed just raised interest rates. Does that mean there is no banking crisis?

Do we have a banking crisis in the United States or don’t we?

Los Angeles Times

SVB's disgraced ex-CEO is now holidaying in Hawaii

Becker was pictured sporting flip-flops and sunglasses in Hawaii as SVB's new CEO sought to reassure clients.

Fortune

Will Bunch: Biden's right turns on oil, crime, border 'a slap' to young voters. Will he pay in '24?

If you've never heard of the Willow project — the massive, up-to-600-million-barrels oil-drilling venture on federal lands in the Alaska wilderness that was greenlighted this week by the Biden administration — then you're probably also not a teen or 20-something who spends a good chunk of your day on TikTok.

The Philadelphia Inquirer

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Elizabeth Warren is among the furious politicians demanding SVB execs return their salaries, bonuses, and $84 million in stock sale profits

Sen. Elizabeth Warren says SVB execs should give back their salaries for “facilitating a near-economic disaster.”

Fortune

US seeks to quell risk of a bank run as Yellen pledges protections

WASHINGTON — U.S. regulators are racing against the clock to find solutions for failed Silicon Valley Bank while Treasury Secretary Janet Yellen said officials are focusing on protecting depositors, as officials seek to avoid a wider bank run.

Tribune News Service

FDIC working on finding buyer for Silicon Valley Bank, California Rep. Khanna says

WASHINGTON — Rep. Ro Khanna, D-Calif., said the Federal Deposit Insurance Corp. is working to find a buyer for Silicon Valley Bank and urged the U.S. government to step in and guarantee all of the bank’s deposits.

Tribune News Service

House plots bipartisan deal on Trump and Biden family finances

"There are seeds of real legislative promise."

Axios

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With eye toward the future, Rep. Ro Khanna takes on the heartland from Silicon Valley

Ro Khanna was first elected as a whiz kid evangelist for Silicon Valley, the heart of his congressional district and home to Apple, Cisco and Intel’s headquarters. Today, though, the Californian's stumping for a different crowd.

Tribune News Service

New China committee debuts with eye on major policy shifts

A special House committee dedicated to countering China is set to make its debut in prime time on Tuesday

The Independent UK

Capitol Hill finds rare bipartisan cause in China – but it could pose problems

Experts fear this moment of agreement in Washington could escalate tensions with Beijing and increase the risk of conflict

The Guardian - US

Schiff, Porter in tight race to replace Sen. Feinstein, poll shows; others trail far behind

LOS ANGELES — The race to replace Sen. Dianne Feinstein is shaping up to be a close contest between two congressional colleagues who have built national profiles and potent fundraising operations but appeal to different generations of Democratic voters, according to a new UC Berkeley Institute of Governmental Studies poll…

Los Angeles Times

China blasts Pentagon official's Taiwan visit, military ties

China has sharply criticized a visit to Taiwan by a senior Pentagon official and reaffirmed sanctions against Lockheed Martin and a unit of Raytheon for supplying military equipment to the self-governing island

The Independent UK

Reps meeting Taiwan's Tsai say US seeks peace in region

A delegation of United States lawmakers are meeting with Taiwan’s president as part of an ongoing visit that comes at a tense moment between the U.S. and China

The Independent UK

Taiwan is bolstering military exchanges with U.S., President Tsai says

Taiwan is bolstering its military ties with the United States and will cooperate even more closely with it and other friendly nations to deal with "authoritarian expansionism", President Tsai Ing-wen told visiting U.S. lawmakers on Tuesday.

Reuters

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The Independent UK

Congress delegation visits Taiwan in tense US-China moment

A delegation of U.S. lawmakers has met with the head of Taiwan’s legislature as part of a five-day visit to the self-ruled island that comes as U.S.-China relations remain tense after weeks of trading accusations over a spy balloon

Los Angeles Times

California lawmaker leads delegation to Taiwan amid already high US-China tensions

WASHINGTON — Despite heightened tensions between Washington and Beijing over the recent spy balloon downing , a U.S. congressional delegation led by California Rep. Ro Khanna plans to visit Taiwan this weekend, a move sure to be seen by China as a provocation.

Tribune News Service

Lawmakers seek to stop China’s tech rise without a ‘Great Wall’

WASHINGTON — Across the political spectrum there seems to be a consensus that the decadeslong free flow of trade, money and technology from the U.S. to China must be fundamentally overhauled, but several lawmakers involved in the effort are confronting the difficulty of an overhaul that doesn’t sever economic ties…

Roll Call

Lawmakers seek to stop China’s tech rise without a ‘Great Wall’ - Roll Call

House members say they want to block China's access to U.S. technology even as they keep the door open for trade in less sensitive areas.

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Salon

GOP rages at Biden for exposing agenda

“President Biden did a great job highlighting the issue and calling out the hypocrisy,” Democrat says

Salon

109 Dems back GOP's anti-socialism stunt

"This resolution is ... about laying the groundwork to cut Social Security and Medicare," warned Rep. Mark Pocan

Roll Call

At the Races: Cash course - Roll Call

The CQ Roll Call newsroom tracks campaigns nationwide, sharing the best stories, with some extras, in the At the Races newsletter.

McClatchy Washington Bureau

Katie Porter wants Dianne Feinstein’s Senate seat. What are her chances?

WASHINGTON — U.S. Rep. Katie Porter, the feisty congresswoman from Orange County, California, is running for Senate. But does anyone north of the Los Angeles area know who she is? Does she have a chance?

The Guardian - US

How the US far right and progressives ended up agreeing on military spending cuts

Progressives and ‘America first’ Republicans in Congress both want to re-examine US military budget – but for vastly different reasons

The Guardian - US

Senate musical chairs: California prepares for political battle over Feinstein vacancy

An ‘avalanche’ of candidates, including Katie Porter, Barbara Lee and Adam Schiff, announce candidacy for California seat

WEKU

Early jockeying for Senate seats foreshadows competitive 2024 elections

Lawmakers are already setting their sights on 34 Senate seats that will open up in 2024, indicating a busy election season.

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