CPI Falls to 4.0% -- The Consumer Price Index fell to an annual rate of 4.0% in May, down from 4.9% in April, the Labor Department reported Tuesday. Prices were up 0.1% on a monthly basis, with highest increase for shelter, followed by used cars and trucks, according to the department’s Bureau of Labor Statistics.

Food prices were up 6.7% on an annual level, offset in part by an 11.7% drop in energy prices. The CPI for all items less food and energy was +5.3% in May.

Most economists believe the Federal Reserve, which holds its latest regular meeting Tuesday through Thursday will forego an interest rate increase for the first time in about two years. 

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Truce for McCarthy and Freedom Caucus – Last week’s disagreement between Speaker Kevin McCarthy (R-CA) and “conservatives” dominated by the Freedom Caucus, which clogged up legislation in the House is over for now, Roll Call reports. “Members of the rebel bloc made it clear” Monday “it may not be the end of trouble” for McCarthy. 

There were even whispers last week of the possibility of a motion to vacate, in which one representative can call for a vote that would recall the speaker. The brouhaha stemmed from Freedom Caucus members who objected to what they saw as a debt ceiling deal favoring President Biden. Last week, the hard-right bloc blocked votes on bills otherwise favorable to them, including one that would prevent regulation or banning of gas stoves. 

Trouble ahead: The MAGA/Freedom Caucus bloc reopened the House floor to action this week in exchange for renegotiating the “power-sharing” agreement they worked out with McCarthy to give him the speaker’s gavel, Rep. Matt Gaetz (R-FL) told reporters Monday. Short of unspecified “progress” Gaetz said, “perhaps we’ll be back here next week.”

Why the quote marks?We put “conservatives” in quotes, above, because we presume most, if not all, 222 House Republicans consider themselves leaning right. The Freedom Caucus currently counts 46 members, a bit more than one-tenth the size of the House membership.

--Compiled and edited by Todd Lassa

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COMMENTS: editors@thehustings.news

Rep. Ilhan Omar (D-MN) was removed from the House Foreign Affairs Committee along party lines, 218-211, Thursday afternoon for comments she made mostly on social media sites three years ago, Roll Call reports. As a freshman in 2019, Omar appeared in social media and in public repeating an antisemitic trope equating influence in U.S. politics with money from “wealthy Jewish Americans.”

Democrats, in control of the House moved on after Omar apologized, but Rep. Kevin McCarthy (R-CA) in anticipation of becoming House speaker this year, promised in 2021 to remove her if his party reclaimed the majority this year, calling her past remarks “appalling, wrong and disqualifying.”

Before the vote, at his weekly press conference Thursday morning, House Minority Leader Hakeem Jeffries (D-CA) said the Democratic caucus condemned Omar’s comments three years ago and added that the vote would be about “political revenge.” 

That’s “revenge” for the House’s Democratic majority in the 117th Congress having removed Reps. Marjorie Taylor Greene (R-GA) and Paul Gosar (R-AZ) from their committee assignments two years ago over apparent endorsement of violence against Democratic lawmakers. 

Prior to her removal, Omar said; “My leadership and voice will not be diminished if I’m not on this committee for one term. My voice will get louder and stronger, and my leadership will be celebrated around the world as it has been.”

Omar Removed from House Foreign Affairs

Rep. Ilhan Omar (D-MN) was removed from the House Foreign Affairs Committee along party lines, 218-211, Thursday afternoon for comments she made mostly on social media sites three years ago, Roll Call reports. As a freshman in 2019, Omar appeared in social media and in public repeating an antisemitic trope equating influence in U.S. politics with money from “wealthy Jewish Americans.”

Democrats, in control of the House moved on after Omar apologized, but Rep. Kevin McCarthy (R-CA) in anticipation of becoming House speaker this year, promised in 2021 to remove her if his party reclaimed the majority this year, calling her past remarks “appalling, wrong and disqualifying.”

Before the vote, at his weekly press conference Thursday morning, House Minority Leader Hakeem Jeffries (D-CA) said the Democratic caucus condemned Omar’s comments three years ago and added that the vote would be about “political revenge.” 

That’s “revenge” for the House’s Democratic majority in the 117th Congress having removed Reps. Marjorie Taylor Greene (R-GA) and Paul Gosar (R-AZ) from their committee assignments two years ago over apparent endorsement of violence against Democratic lawmakers. 

Prior to her removal, Omar said; “My leadership and voice will not be diminished if I’m not on this committee for one term. My voice will get louder and stronger, and my leadership will be celebrated around the world as it has been.”

Go to the Comment section below or in the right column (if that’s how you lean) or email editors@thehustings.news with “for the left column” or “for the right column” in the subject line.

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