Schumer, Charles E
The Carried Interest Loophole Survives Another Political Battle
WASHINGTON — Once again, carried interest carried the day. The last-minute removal by Senate Democrats of a provision in the climate and tax legislation that would narrow what is often referred to as the “carried interest loophole” represents the latest win for the private equity and hedge fund industries. For years, those businesses have successfully […]
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Pitching G.O.P. on Gay Marriage Bill, Tammy Baldwin Leaves Nothing to Chance
WASHINGTON — Senator Tammy Baldwin, the soft-spoken liberal Democrat of Wisconsin, was on a plane home from Washington last month when she got word that Senator Ron Johnson, her home-state colleague and a stridently hard-right Republican, had said publicly that he would not oppose a bill protecting same-sex marriage rights. Seizing a rare moment in […]
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Sinema Agrees to Climate and Tax Deal, Clearing the Way for Votes
WASHINGTON — Senator Kyrsten Sinema, Democrat of Arizona, announced on Thursday evening that she would support moving forward with her party’s climate, tax and health care package, clearing the way for a major piece of President Biden’s domestic agenda to move through the Senate in the coming days. To win Ms. Sinema’s support, Democratic leaders […]
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With Climate Deal in Sight, Democrats Turn Hopes on Sinema
WASHINGTON — As Senator Kyrsten Sinema, Democrat of Arizona, took her turn presiding over the Senate floor on Tuesday, Senator Joe Manchin III of West Virginia, a fellow Democrat, got down on one knee beside her at the dais, leaning in intently to speak to her in hushed tones. Ms. Sinema, an inscrutable lawmaker who […]
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Democrats’ Climate Deal Isn’t Done Yet. Here Are the Remaining Hurdles.
“We have a good, balanced piece of legislation. It’s taken me eight months to get here,” Mr. Manchin said. “The process is what it is. You respect the process, and we’ll see what happens.” In a notice reviewed by The New York Times, Democratic floor staff offered some advance advice for senators and their aides […]
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After Clash, Manchin and Schumer Rushed to Reset Climate and Tax Deal
WASHINGTON — Senator Chuck Schumer, the majority leader, and Senator Joe Manchin III, Democrat of West Virginia, were both nursing resentments when they met secretly in a windowless room in the basement of the Capitol last Monday to try to salvage a climate package that was a key piece of their party’s agenda. Mr. Schumer […]
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Senate Passes $280 Billion Industrial Policy Bill to Counter China
WASHINGTON — The Senate on Wednesday passed an expansive $280 billion bill aimed at building up America’s manufacturing and technological edge to counter China, embracing in an overwhelming bipartisan vote the most significant government intervention in industrial policy in decades. The legislation reflected a remarkable and rare consensus in a polarized Congress in favor of […]
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Same-Sex Marriage Bill, Considered Dead on Arrival, Gains New Life
WASHINGTON — It began for Democrats as a messaging vote, an election-year political maneuver to show voters that they were doing everything possible to protect marriage equality in the face of new threats from a conservative Supreme Court — and a move to force Republicans to put their opposition on the record. But when the […]
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Manchin Dangles Hopes of a Future Compromise. Democrats Revolt.
WASHINGTON — It was a familiar, if excruciating, position for Democrats. A day after pulling the plug on his party’s plans to pass a climate, energy and tax package this summer, Senator Joe Manchin III of West Virginia, the conservative-leaning Democrat who has repeatedly flirted with compromise only to scuttle his party’s highest ambitions, called […]
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