Pelosi and Democratic Leaders Tread Carefully on Impeachment
(Bloomberg) -- Speaker Nancy Pelosi and her top lieutenants said the time isn't right for the new Democratic-led House to pursue impeachment of President Donald Trump, despite the push within their party's ranks for such action. They didn't rule it out, either.
“If and when the time comes for impeachment -- it will have to be something that has such a crescendo in a bipartisan way,” Pelosi said in an interview on “CBS Sunday Morning” broadcast on Sunday.
House Intelligence Committee Chairman Adam Schiff of California suggested buy-in would be needed from Senate Republicans for any House-led impeachment to be anything more than symbolic. He said there's “no point” in pursuing impeachment before Special Counsel Robert Mueller presents the findings of his investigation into Russian interference in the 2016 presidential election.
“What's the point if you don't know the full case and can't make the case to the Senate?” Schiff said on CNN's “State of the Union.”
House Majority Leader Steny Hoyer of Maryland said on NBC's “Meet the Press” that an impeachment process isn't inevitable and that talk about it now is a distraction. He said Democrats will pursue priorities that includes ethical reforms and protecting voting rights.
“We'll have to see what the Mueller report says,” Hoyer said. “What we want to do is concentrate on our substantive agenda.”
Party Fissures
The comments came as party fissures over impeachment became more public last week. Freshman Representative Rashida Tlaib drew attention with her expletive-filled call to impeach Trump, and two House Democrats, Brad Sherman of California and Al Green of Texas, re-introduced articles of impeachment in the new Congress.
Schiff downplayed criticism, including from Trump, of Tlaib's course language. Schiff said Trump “is not in the position to talk about the use of profanity.”
The new intelligence panel chief said he understood the desire of those in his party to act against Trump now, and he insisted that his committee will not just be waiting for Mueller.
One of its first acts under Democratic control will be to release dozens of transcripts of witness testimony during the committee's own Russia investigation last session, when the panel was led by Republicans, Schiff said.
Potential Perjury
He said some testimony could potentially open up cases of perjury or lying to Congress, but didn't provide specifics. “Some of these people thought they had some sort of immunity with the GOP majority at the time,” Schiff said.
Schiff also said his committee will be “reaching out to private institutions to get records,” and he has previously indicated those could include banking records.
The Intelligence Committee's first public hearing, not yet scheduled, will touch on the rise of authoritarianism around the world, Schiff said. “We don't have a president who is willing to stand up to these autocrats,” he added.
To contact the reporter on this story: Billy House in Washington at bhouse5@bloomberg.net
To contact the editors responsible for this story: Kevin Whitelaw at kwhitelaw@bloomberg.net, Mark Niquette, Ros Krasny
©2019 Bloomberg L.P.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.