Mar 21, 2017

House Republican moderates line up behind Obamacare replacement

AP photos

The moderates are mostly on board with the House bill after the proposed changes released by leadership Monday night, Rep. Tom MacArthur (R-NJ) told reporters on Tuesday:

"Does every group get everything they want? No. But if you're negotiating in good faith and you get a large amount of what you want, it's time to - it's time to come around the bill and try to get others around the bill."

The changes getting them to yes deal with increasing tax credits and Medicaid funding for older, lower-income people. "I believe the majority [of the Tuesday Group] will be behind the bill," MacArthur said.

Leadership and the White House have figured all along the moderates will get behind the bill. They're generally reliable team players, despite being forced to make multiple tough votes over the years.

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Bob Iger to step down as CEO of Disney

Photo: Jeff Kravitz/FilmMagic

The Walt Disney Company said Tuesday that it had named longtime Disney executive Bob Chapek as CEO Bob Iger's successor, effectively immediately. Iger will remain executive chairman of the company through 2021.

Why it matters: Iger is credited with having successfully turned around Disney’s animation and studio businesses and with the strategic acquisition of Marvel, Pixar, Lucasfilm and 21st Century Fox. Most recently, he was the person behind Disney's successful launch of its Netflix rival Disney+.

India gives Trump warm welcome as brutal protests rip New Delhi apart

People supporting India's new citizenship law beat a Muslim man in New Delhi, India. Photo: Danish Siddiqui/TPX/Reuters

While President Trump enjoys a hero's welcome in India, that nation's capital is being torn apart by violent protests between Hindus and Muslims.

The state of play: At least 186 people — 56 police officers and 130 protesters — have been injured and 10 killed in recent clashes, a New Delhi police spokesperson told the AP.

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Wall Street sees 2nd day of brutal sell-off

Photo: Johannes Eisele/AF via Getty Images

The stock market fell another 3% on Tuesday, following Monday’s sell-off. Bond yields touched record lows.

The big picture: Stocks continued to fall as the CDC said it expects the coronavirus to spread in the U.S. The Dow and S&P are more than 7% below the record highs seen earlier this month.

Go deeperArrowUpdated 2 hours ago - Economy & Business