Republican politicians on Tuesday moved forward with their bid to hold US Secretary of State Antony Blinken in contempt of Congress for failing to testify about his role in the withdrawal from Afghanistan.
In a contentious and partisan House foreign affairs committee meeting, the panel's Republican chairman Mike McCaul, who is leading the investigation into the end of the Afghanistan war, called it a “sad day” as his party introduced the contempt measure.
Mr McCaul said that he had subpoenaed the secretary to testify “any day in September”.
A chair marked for Mr Blinken sat empty after the Republicans on the committee scheduled the hearing while he and other leaders gathered at the UN General Assembly in New York.
The effort to hold him in contempt is the latest in the Republican Party's campaign to censure the Biden administration over the Afghanistan withdrawal that saw the Taliban seize Kabul and the rest of the country, and a deadly attack at Kabul's airport that killed at least 170 Afghan civilians and 13 American troops.
If the contempt measure passes Congress, Mr Blinken would be the first secretary of state in US history to face such a charge. A finding of contempt brings no direct legal consequences, although it could theoretically bring about a fine or even a jail sentence. Congress rules on whether the witness has "wilfully" defied a congressional subpoena, which is a misdemeanour crime.
Democrats accused the Republicans of engaging in “political theatre”.
Gregory Meeks, the top Democrat on the committee, said that the only reason September is important is because “it's the political season, it's the elections coming up, it's November 5”.
Democrat Gerry Connolly called it “a real shameful moment for this committee”.
“At this moment, war rages in the Middle East, in Gaza, in Lebanon, where the President and the Secretary of State are desperately trying to contain that conflict … Those are noble efforts that this committee, in normal times, would respect,” he said.
Mr McCaul had first set a hearing for Mr Blinken to testify last week, while the secretary was in Egypt and France, before rescheduling for Tuesday.
Democrat Susan Wild said the meeting was “convened to force Secretary Blinken into an untenable position”.
Mr Blinken wrote a letter to Mr McCaul at the weekend, saying he was “profoundly disappointed” in the decision to advance contempt proceedings.
“As I have made clear, I am willing to testify and have offered several reasonable alternatives to the dates unilaterally demanded by the committee, during which I am carrying out the President’s important foreign policy objectives,” Mr Blinken wrote.
Republican Brian Mast, a veteran who lost his legs while serving in Afghanistan, said he did not go through the double amputation “for nothing”.
He argued against Democratic claims that oversight focus should look at the whole of America's longest war, and not only the withdrawal under the Biden administration.
“Somebody would have to be a wilful idiot to think that my operations in 2010 in Afghanistan somehow directly correlated to all the failures that took place in August, in the withdrawal of Afghanistan,” Mr Mast said.
Committee staff told The National it is not clear when the motion will go for an official vote in the House of Representatives.
Republican leadership dictates when bills come to the floor for a vote, and the wider Congress is focused on working to pass a budget and avert a government shutdown before a recess starting this week.
Zayed Sustainability Prize
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
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MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
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Tips from the expert
Dobromir Radichkov, chief data officer at dubizzle and Bayut, offers a few tips for UAE residents looking to earn some cash from pre-loved items.
- Sellers should focus on providing high-quality used goods at attractive prices to buyers.
- It’s important to use clear and appealing photos, with catchy titles and detailed descriptions to capture the attention of prospective buyers.
- Try to advertise a realistic price to attract buyers looking for good deals, especially in the current environment where consumers are significantly more price-sensitive.
- Be creative and look around your home for valuable items that you no longer need but might be useful to others.
ABU DHABI T10: DAY TWO
Bangla Tigers v Deccan Gladiators (3.30pm)
Delhi Bulls v Karnataka Tuskers (5.45pm)
Northern Warriors v Qalandars (8.00pm)
UAE squad to face Ireland
Ahmed Raza (captain), Chirag Suri (vice-captain), Rohan Mustafa, Mohammed Usman, Mohammed Boota, Zahoor Khan, Junaid Siddique, Waheed Ahmad, Zawar Farid, CP Rizwaan, Aryan Lakra, Karthik Meiyappan, Alishan Sharafu, Basil Hameed, Kashif Daud, Adithya Shetty, Vriitya Aravind
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Director: Shady Ali
Cast: Boumi Fouad , Mohamed Tharout and Hisham Ismael
Rating: 3/5
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Women & Power: A Manifesto
Mary Beard
Profile Books and London Review of Books
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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