Laura Litvan
Bloomberg
Washington, DC, United States
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Past articles by Laura:
Senator Brown Urges Fed to Tighten Bank Regulations, Pause Rate Hikes
Senate Banking Chairman Sherrod Brown said Tuesday he sees little chance Congress will tighten bank regulations following the collapse of Silicon Valley Bank and Signature Bank, and is urging the Federal Reserve to act unilaterally to impose tougher regulations and pause interest rate hikes. → Read More
Senate Passes Republican-Led Effort to Block DC Crime Bill
The Democratic-led Senate overwhelmingly voted to overturn a District of Columbia law that pares back penalties for some violent crimes, the latest sign of the party’s defensive position on crime and a blow to Washington statehood and home rule advocates. → Read More
Senator Dianne Feinstein Back Home After Hospital Stay for Shingles
Democratic Senator Dianne Feinstein of California said she is at home recuperating after a brief stay in a San Francisco hospital where she was treated for a case of shingles. → Read More
Republicans’ Anti-ESG Bill on Track to Pass Senate and Prompt Biden Veto
The US Senate is on a path Wednesday to block a Labor Department sustainable investing rule, marking a victory for Republicans in their crusade against “woke” capitalism that is expected to spark President Joe Biden’s first veto. → Read More
Bipartisanship Isn’t Dead. Here’s What Congress Might Actually Agree on
A banking bill for cannabis businesses. “Junk fee” curbs. Insulin price cuts. The US Congress is bitterly divided, but in these niche areas, there’s hope for compromise. → Read More
Biden Eyes Fed Vacancy With Goolsbee Reported to Be in Mix
White House officials have reached out to a key Democratic ally in the Senate to discuss filling the vacant role of Fed vice chair, with the Wall Street Journal reporting that Chicago Fed President Austan Goolsbee is under consideration for the post. Senate Banking Chairman Sherrod Brown says he spoke Wednesday with White House officials about the vacancy created by President Joe Biden’s… → Read More
US Says 3 Mystery Objects Likely Private, With No China Link
The Biden administration suspects that three unidentified objects downed since last Friday served commercial purposes and weren’t used for spying, a judgment that may help ease anxiety over a Chinese balloon that traversed the US before being shot down. → Read More
Pelosi Endorses Schiff Senate Run If Feinstein Bows Out
Former House Speaker Nancy Pelosi said she would endorse Representative Adam Schiff’s bid for a coveted Senate seat from California if Senator Dianne Feinstein, 89, does not run again in 2024. → Read More
Elon Musk Meets With Speaker Kevin McCarthy on Capitol Hill
Elon Musk made a surprise visit to Capitol Hill on Thursday and met with House Speaker Kevin McCarthy. → Read More
McCarthy’s Rules of Order Become Latest Republican Battleground
House Republican leaders are doing an unusual amount of wrangling to get the votes for a must-pass rules package, a preview of what’s to come in a chamber where both flanks of the GOP have lingering frustrations with Speaker Kevin McCarthy. McCarthy’s speakership was won only by a series of concessions to hard-line conservatives — some enshrined in the formal proposed rules, others merely sealed… → Read More
‘Let’s Fight Now’ Over US Debt Ceiling, House GOP Lawmaker Says
A conservative Republican at the center of the tortured effort to elect House Speaker Kevin McCarthy says he’d welcome a hard-fought battle over the US debt ceiling, but said both parties should start negotiating terms for the increase now so it doesn’t go down to the wire. → Read More
10 Lawmakers to Watch in 2023 Who Could Shape Politics, Influence Business
Bloomberg identified 10 US lawmakers with the legislative expertise, political stature, and ability to get things done in a divided Congress — and they’ll be making waves in 2023. → Read More
Congress’s Electoral-Count Overhaul Added to Year-End Funding Bill
Congress is expected to vote this week to set a higher threshold for challenging presidential election results, a response to Donald Trump’s false claims of widespread voter fraud that comes as the Jan. 6 panel recommended the first-ever criminal prosecution of a former president. → Read More
Republican Senator Braun to Make Bid for Indiana Governor in 2024
Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. → Read More
Trump’s Influence on the Republican Party Is Waning, Senator Toomey Says
Retiring Republican Senator Pat Toomey said Donald Trump’s influence on the party is diminishing “rapidly” and the former president has little chance of becoming the GOP presidential nominee in 2024. → Read More
McConnell Says Senate Is Nearing Deal on Rail Strike Vote
Senate Republican leader Mitch McConnell said he believes the chamber is close to an agreement to vote Thursday on legislation to avert a crippling US rail strike. → Read More
GOP’s Thune Sees Debt-Ceiling Hike as Vehicle for Budget Cuts
Senate Republicans want to leverage the next US debt limit increase to force cuts in projected federal spending and changes to Social Security and other entitlement programs, the party’s No. 2 leader said. → Read More
Warnock Won in a 2021 Georgia Run-Off Race. Now Democrats Need Him to Do It Again
A victory by Democratic Senator Raphael Warnock in next week’s Georgia runoff election would hand his party a crucial 51st seat and some concrete advantages over Republicans. → Read More
Nancy Pelosi’s Groundbreaking Tenure Opened Up Doors for Women
The first female speaker of the House announced she will not run again for Democratic leader → Read More
McConnell Is Re-Elected to Lead Senate GOP, Overcoming Party Revolt
Mitch McConnell overcame an eleventh-hour challenge and a revolt by some Republicans frustrated with the GOP’s unexpectedly poor showing in the midterms to win reelection as his party’s leader in the US Senate. → Read More