Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
Eleven House Republicans have introduced articles of impeachment against Deputy Attorney General Rod Rosenstein, accusing the No. 2 Justice Department official of "high crimes and misdemeanors."
The move on Wednesday night was led by Rep. Mark Meadows, R-N.C., chairman of the conservative House Freedom Caucus, and Rep. Jim Jordan, R-Ohio, another leader in the group. Both are staunch supporters of President Donald Trump.
Here's what you need to know:
Rosenstein is being accused of failing to recuse himself despite what his Republican opponents describe as an "inherent conflict of interest" through his role in renewing a secret court application for federal authorities to monitor ex-Trump campaign aide Carter Page.
The impeachment filing says Rosenstein's "conduct in authorizing the [Foreign Intelligence Surveillance Act] surveillance at issue in the joint congressional investigation makes him a fact witness central to the ongoing investigation of potential FISA abuse."
Meadows and Jordan said his failure to recuse, as well as the Justice Department's decision not to appoint a second special counsel, constituted a "dereliction of duty."
The filing also says Rosenstein failed to hand over certain documents requested by congressional Republicans investigating that surveillance warrant on Page, which some have alleged shows potential abuse and politicization of the secret surveillance courts.
It also accuses the Justice Department of attempting to conceal information by unnecessarily blacking out certain document passages, as well as "intentionally" hiding the origins of a Hillary Clinton campaign-funded research document in the initial FISA application on Page.
That document, a dossier alleging many salacious and unverified connections between Trump and the Kremlin, was produced by intelligence-gathering firm Fusion GPS, which was hired by a Democratic lawyer reportedly acting on the Clinton campaign's behalf.
The Justice Department did not immediately respond to CNBC's request for comment.
A House Republican aide, who declined to be named, told CNBC on Thursday that the articles of impeachment against Rosenstein are not being handled as "privileged" at this point, although the aide noted "that could change."
But Meadows himself appeared to shoot down the possibility a few hours later, telling reporters on Capitol Hill that he would not introduce impeachment articles in a privileged fashion.
NBC News reported that "having a nonprivileged motion" means Republican leadership in the House will decide whether the motion comes up for a floor vote — if at all.
With some Republicans already signaling their opposition to the motion, the esoteric difference between privileged and nonprivileged status could play a significant role in the attempt to impeach Rosenstein.
Even if Republican leadership did support the impeachment resolution, its chances for passage would be extremely slim, according to David Barker, professor of government at American University.
"It would take a majority in the House and a 2/3 majority in the Senate" to impeach Rosenstein, Barker said in an email, "which would never happen" considering Republicans hold a razor-thin 51-vote majority in the Senate.
"I believe it is dead in the water. I can't imagine Ryan bringing this to a vote — particularly since he has now publicly opposed it," Barker said.
While Jordan and Meadows have gathered a group of nine other GOP lawmakers to co-sponsor their motion, not all House Republicans support Rosenstein's impeachment.
House Speaker Paul Ryan said during a news conference Thursday he does not back impeaching Rosenstein.
"I do't think that this rises to the level of high crimes and misdemeanors," Ryan said.
Rep. Trey Gowdy, a critic of Rosenstein who has been deeply involved in the House investigations into the surveillance warrants on Page, suggested Wednesday night that impeachment was not the best option to pursue.
Gowdy said, "Impeachment is a punishment, not a remedy" shortly before the motion was introduced.
"If you are looking for documents, then you want compliance, and you want whatever moves you toward compliance," he added.
The defection of Gowdy, in particular, from his Republican colleagues is noteworthy. He is the chairman of the House Oversight Committee, which has in the past joined other House committees in criticizing Rosenstein and calling for a second special counsel to investigate Page's FISA warrant.
He also was the only member of the House Intelligence Committee to read the primary documents from the secret surveillance court that supplied the source material for an incendiary memo pushed by Trump ally Rep. Devin Nunes, R-Calif., in February.
After that memo was made public, Gowdy reaffirmed that he was "100 percent confident" in Mueller.
Sen. Jeff Flake, R-Ariz., said in a tweet Wednesday night that he "does not agree" with the articles of impeachment.
Democratic leaders from both chambers of Congress quickly lined up to take swings at the impeachment resolution.
California Rep. Adam Schiff, a vocal defender of the special counsel and the House Intelligence Committee's ranking Democrat, blasted the members who proffered the motion as "willing accomplices in the most serious threat to the rule of law in a generation."
"There are no grounds for House Republicans to impeach Rod Rosenstein," said Sen. Dianne Feinstein, D-Calif. "Trying to remove Rod Rosenstein from the Justice Department for failing to disclose sources, methods and evidence from an open criminal investigation is beyond the pale. This is partisan nonsense. It's dangerous for the rule of law and it needs to stop."
House Minority Leader Nancy Pelosi, D-Calif., went as far as to suggest that Jordan is pushing impeachment to distract from allegations that he ignored reports of alleged sexual abuse when he was an assistant wrestling coach at Ohio State University.
"I don't know, but what I've heard is Jim Jordan wants to take attention away from the scrutiny that he is under in Ohio. That could be part of it," Pelosi said at a news conference Thursday.
Jordan has adamantly denied he ever heard allegations of sexual abuse during his tenure at the university.
Pelosi also suggested that Republicans could be trying to hurt Rosenstein simply as a way to harm the Mueller probe.
The Republicans' motion arrived less than two weeks after Rosenstein announced that 12 more Russian nationals would be indicted as part of the special counsel's investigation into Russian election meddling and potential coordination with the Trump campaign.
The 12 Russians were accused of hacking Democrats' political organizations, as well as campaign employees and volunteers for Clinton's presidential campaign.