Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The federal minimum wage has remained $7.25 per hour since 2009. But several states, and even some companies, have since taken matters into their own hands to pay employees a...Workread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses.Marketsread more
President Donald Trump invited a slew of senators to join him at the White House Monday night when he unveiled his second nominee for the Supreme Court, federal appeals court Judge Brett Kavanaugh.
But three Democrats who voted for Trump's last Supreme Court pick, Justice Neil Gorsuch, all turned him down this time.
Sen. Joe Manchin, D-W.Va., said he appreciated Trump's invitation, but instead wanted to meet the president's nominee "in a setting where we can discuss his or her experience, judicial philosophy & perspective" on political issues.
Indiana Democrat Sen. Joe Donnelly declined for similar reasons. "I declined so that I can meet first with the nominee in a setting where we can discuss his or her experience and perspectives," Donnelly said in a statement.
And a spokeswoman for Sen. Heidi Heitkamp, D-N.D., said Heitkamp "isn't able to attend tonight" because "she considers fully vetting Supreme Court nominees one of the most important jobs of any U.S. senator, and she plans to fulfill that critical duty."
All three Democratic senators voted for Gorsuch. And all of them could soon be targeted by pro-Trump political action groups trying to unseat Democrats in the states Trump won in the 2016 presidential election.
The White House did not immediately respond to CNBC's inquiries.
Even though Republicans hold a majority in the Senate, their razor-thin 50-49 margin (assuming the ailing Sen. John McCain, R-Ariz., does not vote) leaves open the possibility that Democrats could block Trump's nominee.
If Democrats can maintain total opposition to Trump's pick — and if they can get a single Republican to break ranks and vote against the nominee — they could stop Trump from cementing the Supreme Court with an enduring conservative majority.
But some Democratic senators — including Manchin, Donnelly and Heitkamp — are sure to face immense pressure to vote for Kavanaugh.
They're not the only Democrats to turn down Trump's invite. Democratic Sen. Doug Jones, who won a shocking special election in deep-red Alabama against Roy Moore, declined to attend the event though he has said he would be open to voting for Trump's forthcoming nominee.
Others weren't invited at all. Sen. Jon Tester, D-Mont., has been a regular target of Trump's ire for months since he spoke out about allegations against Ronny Jackson, Trump's former White House physician. Jackson dropped out of his nomination to lead the Veterans Affairs Department soon after — an ending that led Trump to call for Tester's resignation.
Last week, the president tore into Tester during a rally in the senator's own state, and encouraged the audience to vote him out of office.
A spokeswoman for Tester confirmed that the red-state Democrat had not been invited to the White House.
Collins and Murkowski are widely viewed as the two Republicans most likely to vote against a nominee they find objectionable. Collins, one of the few pro-choice Republicans in the Senate, has said her support hinges on a nominee's support for Roe v. Wade, the controversial decision that legalized abortion in the U.S.
A spokeswoman for Collins said "she appreciates the invitation, but will not be attending." Murkowski declined the president's invite, her spokeswoman said, just as she had declined the announcement of then-nominee Neil Gorsuch.