Representative Eric Cantor (R-Virginia) became the first House majority leader to be defeated in a primary, based largely on immigration. Now Representative Kevin McCarthy (CA) is the likely replacement, and his commitment to immigration reform is very deep.
As has been reported, Representative Eric Cantor (R-Virginia) became the first House majority leader to be defeated in a primary. He has announced that he will step down from his leadership post at the end of July, causing much jockeying for his number two position in the House majority caucus leadership. This position schedules legislation for floor consideration, plans the daily, weekly and annual legislative agendas, consults with members to gauge party sentiment and, in general,...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...