Kevin Freking

Stay informed with Kevin Freking’s coverage and analysis for Fortune.

Page 6 of 10

FILE – Rep. Matt Gaetz, R-Fla., appears before the House Rules Committee to propose amendments to the Department of Homeland Security Appropriations Bill, at the Capitol in Washington, Friday, Sept. 22, 2023. (AP Photo/J. Scott Applewhite, File)

Matt Gaetz says he’ll seek to oust Kevin McCarthy as House speaker this week: ‘We need to rip off the Band-Aid’

By Kevin Freking and The Associated Press

Senate Majority Leader Chuck Schumer, D-N.Y., gives two thumbs up as the Senate votes to approve a 45-day funding bill to keep federal agencies open, Saturday, Sept. 30, 2023, in Washington. (AP Photo/Andrew Harnik)

Government shutdown avoided as Biden signs temporary funding bill rushed through Congress

By Lisa Mascaro, Kevin Freking, and others

Kevin McCarthy

It looks like Congress will avoid a government shutdown as McCarthy backs down, passes funding with Democratic votes

By Lisa Mascaro, Kevin Freking, and others

Speaker of the House Kevin McCarthy, R-Calif., talks to reporters following a closed-door meeting with House Republicans after his last-ditch plan to keep the government temporarily open collapsed yesterday, at the Capitol in Washington, Saturday, Sept. 30, 2023. A new vote is scheduled for Saturday. (AP Photo/J. Scott Applewhite)

House passes 45-day funding plan, sends it to Senate as Kevin McCarthy says, ‘We’re going to keep government open’

By Lisa Mascaro, Kevin Freking, and others

Kevin McCarthy

McCarthy’s last-ditch plan to avert government shutdown fails

By Lisa Mascaro, Kevin Freking, and others

FILE – House Speaker Kevin McCarthy, R-Calif., walks to the chamber for procedural votes to advance appropriations bills, at the Capitol in Washington, Tuesday night, Sept. 26, 2023. McCarthy is digging in on his refusal to take up Senate legislation designed to keep the federal government fully running beyond midnight Saturday, Sept. 30. (AP Photo/J. Scott Applewhite, File)

House Speaker McCarthy refuses to take up Senate bill to avert government shutdown, virtually guaranteeing one

By Kevin Freking, Stephen Groves, and others

FILE – House Speaker Kevin McCarthy of Calif., speaks at a news conference after the House passed the debt ceiling bill at the Capitol in Washington, May 31, 2023. The bill now goes to the Senate. McCarthy is studying history and considering the appointment of a mix of lawmakers and business leaders to a new commission to tackle the nation’s soaring debt. McCarthy is fresh off his biggest political victory since becoming speaker. He got the White House to agree to a debt limit suspension that also contained some $1.5 trillion in deficit savings. (AP Photo/Jose Luis Magana, File)

Republican House Speaker McCarthy wants a new commission to tackle U.S. debt, but Democrats worry it’s a plan to pursue ‘ideological trophies’

By Kevin Freking and The Associated Press

Senate Majority Leader Chuck Schumer, D-N.Y., speaks to reporters after a hectic series of amendment votes and final passage on the big debt ceiling and budget cuts package, at the Capitol in Washington, Thursday, June 1, 2023. The legislation now goes to President Joe Biden’s desk to become law before the fast-approaching default deadline. (AP Photo/J. Scott Applewhite)

Senate passes Biden-McCarthy debt ceiling deal with just days to spare before U.S. hits default date

By Lisa Mascaro, Kevin Freking, and others

Speaker of the House Kevin McCarthy, R-Calif., walks to the House chamber at the Capitol in Washington, Wednesday, May 31, 2023. as the House moves toward passage of the debt limit bill. (AP Photo/Jose Luis Magana)

The Senate is racing to meet the looming debt ceiling deadline before a catastrophic default as they vow to ‘keep working until the job is done’

By Lisa Mascaro, Kevin Freking, and others

House Speaker Kevin McCarthy of R-Calif., speaks as House Minority Whip Rep. Steve Scalise, R.La., left, and Rep. Patrick McHenry, R-N.C., listen at a news conference after the House passed the debt ceiling bill at the Capitol in Washington, Wednesday, May 31, 2023. The bill now goes to the Senate. (AP Photo/Jose Luis Magana)

The Biden-McCarthy debt ceiling deal that no one liked sails through the House, leaving the Senate as the final hurdle

By Lisa Mascaro, Kevin Freking, and others

Rep. Scott Perry, R-Pa., left, and Rep. Chip Roy, R-Texas, speak with reporters as member of the conservative House Freedom Caucus talk about the debt limit deal, during a news conference, Tuesday, May 30, 2023, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

Biden and House Speaker McCarthy scramble for votes as debt ceiling deal comes down to the wire

By Lisa Mascaro, Kevin Freking, and others

FILE – Rep. Chip Roy, R-Texas, speaks to reporters at the Capitol in Washington, Tuesday, May 23, 2023. Roy, a member of the conservative House Freedom Caucus, has blasted the tentative debt deal struck by Speaker Kevin McCarthy, R-Calif., and President Joe Biden and says he will try to stop it in the House. (AP Photo/J. Scott Applewhite, File)

Debt ceiling agreement gets cheers from business, but conservative Republicans hate it

By Kevin Freking and The Associated Press

House Speaker Kevin McCarthy

Debt ceiling deal: What’s in, what’s out

By Kevin Freking, Farnoush Amiri, and others

House Speaker Kevin McCarthy talks after reaching a debt deal with Biden.

Congress has just days to approve a Biden-McCarthy debt-ceiling deal and avoid calamity: ‘I’ll debate this bill with anybody’

By Lisa Mascaro, Mary Clare Jalonick, and others

Joe Biden

Biden and McCarthy have a debt ceiling ‘agreement in principle’

By Lisa Mascaro, Mary Clare Jalonick, and others