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U.S. House Republican McCarthy launches Biden impeachment inquiry

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McCarthy said Republicans have turned up evidence of phone calls, money transfers and other activity that “paints a picture of a culture of corruption” in Biden’s family.

 
Republican U.S. House Speaker Kevin McCarthy on Tuesday launched an impeachment inquiry into Joe Biden, propelling Congress toward a long-shot effort to remove the Democratic president that follows two impeachments of former President Donald Trump.

McCarthy’s move sets the stage for months of divisive House of Representatives hearings that could distract from lawmakers’ efforts to avoid a government shutdown and could supercharge the 2024 presidential race, in which Trump hopes to avenge his 2020 election loss to Biden and win back the White House.

White House spokesperson Ian Sams said Republicans have turned up no evidence of wrongdoing.

“Extreme politics at its worst,” Sams wrote on social media.

Republicans, who now narrowly control the House, have accused Biden of profiting while he served as vice president from 2009 to 2017 from his son Hunter Biden’s foreign business ventures, though they have not presented substantiation.

“We will go where the evidence takes us,” McCarthy said.

Biden previously had mocked Republicans over a possible impeachment. No U.S. president has ever been removed from office by impeachment, but the procedure – once a rarity – has become commonplace.

Republicans have been investigating Hunter Biden’s business activities for years, and a federal prosecutor is also pursuing criminal tax and firearms charges against the president’s son.

McCarthy said Republicans have turned up evidence of phone calls, money transfers and other activity that “paints a picture of a culture of corruption” in Biden’s family. He did not cite any evidence of misconduct by Biden himself. #JoeBiden #impeachment #Bidenimpeachment

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Senate clears Epstein files release despite White House push

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

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Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.


The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.

Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.

Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.

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#EpsteinFiles #WhiteHouse #Trump #SenateVote #JusticeDepartment #USPolitics #Transparency #TickerNews


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Nvidia earnings shake tech stocks as ASX heads into Christmas

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

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Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.


Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.

Joining us is David Scutt from StoneX to break down Nvidia’s post-earnings performance and its ripple effects across US and global equities. Investors are keeping a keen eye on how this could set the tone for year-end trading.

With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.

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#NvidiaEarnings #TechStocks #StockMarket #ASX #GlobalMarkets #Investing #MarketUpdate #TickerNews


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Tech stocks on edge ahead of Nvidia

Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.

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Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.


With Nvidia’s crucial earnings on deck, expectations are sky-high and the outcome could set the tone for the entire tech sector.

Chris Weston from Pepperstone breaks down whether this rotation signals simple profit-taking or deeper market concerns.

#TechStocks #Nvidia #Markets #Investing #FinanceNews


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