Business News Kevin McCarthy

  • Dream vs. reality: A rendering of California's high-speed rail project that is supposed to connect San Francisco and Los Angeles

    Two House bills introduced this month by Republicans seek to redirect federal funds from California's controversial high-speed rail project and use the money for other purposes.

  • Speaker Nancy Pelosi and Vice President Mike Pence look on as U.S. President Donald Trump delivers the State of the Union address in the chamber of the U.S. House of Representatives at the U.S. Capitol Building on February 5, 2019 in Washington, DC.

    House Minority Leader Kevin McCarthy says he takes Pelosi at her word that she's not looking to impeach President Trump.

  • There is no basis to impeach Trump, says House GOP Leader Kevin McCarthy

    House Minority Leader Kevin McCarthy (R- Calif.) joins CNBC's "Squawk Box" team to discuss Speaker Nancy Pelosi's latest comments that she does not endorse impeaching President Trump.

  • Watch CNBC's full interview with House Minority Leader Kevin McCarthy on the budget fight, Pelosi impeachment comments

    House Minority Leader Kevin McCarthy (R- Calif.) joins CNBC's "Squawk Box" team to discuss the on-going budget fight in Congress.

  • House Majority Leader Kevin McCarthy (R-CA) talks to reporters following his election to House minority leader for the next Congress with Rep. Jason Smith (R-MO) (L) and House Majority Whip Steve Scalise (R-LA) in the Longworth House Office Building on Capitol Hill November 14, 2018 in Washington, DC. 

    "The Democrats have now agreed to more than 55 miles of new barrier being built," says the California Republican.

  • Rep. Kevin McCarthy on China talks: We must protect American intellectual property

    House Minority Leader Rep. Kevin McCarthy joins "Squawk Box" to discuss the current negotiations between the United States and China to reach a new trade agreement before tariffs automatically increase.

  • House Minority Leader Rep. Kevin McCarthy on the border wall, the 2020 Democratic field and much more

    House Minority Leader Rep. Kevin McCarthy joins "Squawk Box" to discuss the tentative deal met in Congress to keep the government open, Rep. Alexandria Ocasio Cortez's proposed Green New Deal, Senator Elizabeth Warren's wealth tax, the on-going China trade negotiations and much more.

  • WASHINGTON, Jan 27- As the U.S. government moved to reopen after a 35- day partial shutdown, some lawmakers on Sunday criticized using the closure of federal agencies as a tool in policy disputes, which President Donald Trump has threatened to do again. "Shutdowns are not good leverage in any negotiation," Republican Senator Marco Rubio said on NBC's "Meet the Press,"...

  • WASHINGTON, Jan 25- Kevin McCarthy, the top Republican in the U.S. House of Representatives, said his party will allow the chamber to quickly approve a funding deal to reopen the government after being closed for more than a month. McCarthy, who helped scuttle an earlier version of a similar funding agreement that would have prevented a government shutdown in the...

  • WASHINGTON, Jan 4- President Donald Trump and senior Democrats failed to strike a deal in talks on Friday to end a partial shutdown of the U.S. government as they again fought over Trump's request for over $5 billion to fund his signature wall on the Mexican border. After Democratic congressional leaders turned Trump down at a meeting in the White House Situation...

  • WASHINGTON, Jan 4- President Donald Trump and senior Democrats failed to strike a deal in talks on Friday to end a partial shutdown of the U.S. government as they again fought over Trump's request for over $5 billion to fund his signature wall on the Mexican border. After Democratic congressional leaders turned Trump down at a meeting in the White House Situation...

  • WASHINGTON, Jan 4- President Donald Trump and senior Democrats failed to strike a deal in talks on Friday to end a partial shutdown of the U.S. government as they again fought over Trump's request for $5 billion to fund his signature wall on the Mexican border. After Democratic congressional leaders turned Trump down at a meeting in the White House Situation Room,...

  • WASHINGTON, Jan 3- Democrats wasted no time flexing their new power in the U.S. House of Representatives on Thursday as they maneuvered to pass legislation backed by new Speaker Nancy Pelosi that would end a 13- day partial government shutdown while ignoring President Donald Trump's demand for $5 billion for a border wall. Thursday marked the first day of...

  • *Spot gold gained about 0.2 percent to $1,286.62 per ounce at 0107 GMT, having earlier touched its highest since June 15 at $1,290.09. *Shares in Asia fell and U.S. stock futures dropped sharply after Apple Inc cut its revenue forecast for its latest quarter due in part to slowing growth in China, adding to concerns about a stuttering global economy.

  • Congressional leaders are expected to return to the White House on Friday to resume talks, signaling the shutdown will likely stretch into the weekend. The White House had convened the meeting to try to convince Democrats that funding a wall on the southern border with Mexico was a pressing security need. The White House has called the two-part package a "...

  • House Republican Leader Kevin McCarthy told reporters that Trump asked congressional leaders to return to the White House on Friday for more talks aimed at ending the shutdown. The White House has called the two-part package a "non-starter." "We're asking the president to open up government," Democrat Nancy Pelosi, the presumptive incoming House speaker, told...

  • President Donald Trump speaks with Senate Democratic Leader Chuck Schumer (D-NY) in the Oval Office of the White House in Washington, U.S., December 11, 2018.

    The White House invites top lawmakers to meet about the standoff over border funding.

  • Republican House Majority Leader Kevin McCarthy informed lawmakers on Friday they will be given a 24- hour notice before a vote to end the shutdown, pushing a reopening of government until at least Saturday night. The government will close when the calendar flips to Saturday after lawmakers refused President Donald Trump's demand to include $5 billion in...

  • WASHINGTON, Dec 21- The U.S. government was headed for a partial shutdown unless President Donald Trump and Congress cut a deal on Friday in their long-running battle over Trump's demand for a border wall with Mexico, with the president signaling he was prepared to close down the government "for a very long time." But Trump pushed Republican allies in the House of...

  • Rep. Kevin McCarthy on the Russia investigation: 'There's nothing there'

    Rep. Kevin McCarthy (R-Calif.) joins 'Squawk Box' to discuss the latest on the Russia investigation.