Wall St advances, dollar declines as remarkable year nears finish line reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Trump lashes out at GOP after override vote on defense bill
By MATTHEW DALY - Associated Press
WASHINGTON (AP) President Donald Trump lashed out at congressional Republicans a day after the House easily voted to override his veto of a defense policy bill.
A total of 109 Republicans, including Wyoming Rep. Liz Cheney, a member of GOP leadership, joined with Democrats on Monday to approve the override, which would be the first of Trump’s presidency. The Senate is expected to consider the measure later this week.
Trump on Tuesday slammed GOP lawmakers on Twitter, charging that “Weak and tired Republican ‘leadership’ will allow the bad Defense Bill to pass.″
GOP Sen. Josh Hawley vows to challenge Electoral College results in last effort to flip Biden’s victory Chris Sommerfeldt
Missouri Sen. Josh Hawley vowed Wednesday to challenge the results of the 2020 election when lawmakers convene for a joint session to count the Electoral College votes next week, becoming the first Republican senator to join an ultimately futile last effort to overturn Joe Biden’s victory.
Hawley, a key ally to President Trump, cited the outgoing commander-in-chief’s false and repeatedly debunked claim that Biden’s win was facilitated by mass voter fraud in announcing that he’ll challenge the results during the Jan. 6 session.
The United States dollar fell the lowest since April 2018 against a basket of world currencies as investors bet on more fiscal support
Wall Street advanced and the dollar dipped to its lowest in more than two years on Wednesday, the penultimate trading day in an extraordinary year of pandemic, recession and recovery.
All three major US stock indexes were up in a broad rally, as impending stimulus and the ongoing rollout of COVID-19 vaccines fed optimism over economic recovery in 2021.
“I would caution against reading too much into trading action this week because it’s a shortened week and volumes are typically down, so there tends to be more volatility,” said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.
Missouri senator to force votes on Electoral College results
MGN
Missouri Republican U.S. Sen. Josh Hawley.
WASHINGTON, DC Missouri Republican Sen. Josh Hawley said Wednesday he will object when Congress counts the Electoral College votes next week, which will force lawmakers in both the House and Senate to vote on whether to accept the results of President-elect Joe Biden’s victory.
Hawley is the first senator to announce plans to object to the results, which is significant because both a House member and senator are required to mount an objection when Congress counts the Electoral College votes on January 6.