Global stocks rise as markets watch for Biden stimulus plan

Global stocks rise as markets watch for Biden stimulus plan

"Which is why McConnell must move to start an immediate trial in the Senate". Their refusal to demand the president's resignation and quiet plotting about how to address his conduct highlighted the gnawing uncertainty that they and many other Republicans have about whether they would pay more of a political price for abandoning him or for continuing to enable him after he incited a mob to storm the seat of government.

"This is a time of emergency".

"I've asked him to call the Senate back - all he needs is my agreement".

Senate Majority Leader Mitch McConnell, R-Ky., is unlikely to take up impeachment now, regardless, and he will remain in control of the Senate until Sens. -elect Jon Ossoff, D-Ga., and Raphael Warnock, D-Ga., have their elections certified and are sworn into office later. The White House-which is not expected to mount an aggressive defense against the impeachment effort-reportedly expects around two dozen House Republicans to vote for the article.

Parler shut down by Amazon after being banned by Apple, Google
Inc. urged a judge not to order the company to restore web-hosting service to Parler LLC, the conservative social media platform . Parler is now suing Amazon, accusing the company of an illegal, politically motivated decision to shut it down.

Previously, GOP Rep. Adam Kinzinger of IL publicly stated his support for Vice President Mike Pence invoking the 25th Amendment to remove Trump's presidential powers. Trump would be convicted by the current Senate. Biden acknowledged that an impeachment trial after he takes the oath of office could slow down his push for additional stimulus.

"Senator Mitch McConnell, the Republican leader, has told associates he believes President Trump committed impeachable offenses and that he is pleased that Democrats are moving to impeach him, believing that it will make it easier to purge him from the party, according to people familiar with his thinking". "Donald Trump should not hold office one day longer".

House Majority Whip James Clyburn (DS.C.) that even if an impeachment vote passes the House this week, the House may delay sending the matter to the Senate in order to let the Biden's fledgling administration to focus on its own priorities - chief among them, stimulus legislation and confirmation of new cabinet members - in its first 100 days.

"Leader McConnell is saying he can't call the Senate back after the House votes for impeachment because it requires unanimous consent-the consent of every senator". With the Senate in Democratic hands, "President-elect Biden has a better chance of pushing through his agenda and delivering sorely-needed stimulus and support".

Related Articles