Sir Keir Starmer has launched a scathing attack on Suella Braverman over her recent controversial remarks on homelessness – warning Rishi Sunak that “without a serious home secretary… he cannot be a serious prime minister”.
Speaking during a debate on Tuesday’s King’s Speech, the Labour leader slammed her claims that living on the street was a “lifestyle choice”, instead calling it a “political choice” resulting from the scrapping of government housing targets and not enough new homes being built.
Sir Keir also appeared to reference other contentious comments by Ms Braverman, including her description of pro-Palestine protests at “hate marches”, saying using security issues as “a platform for her own ambitions” was making the job of the police even harder.
The prime minister failed to defend his home secretary during his response, even after being pressed further by Labour shadow minister Sir Chris Bryant, who asked whether he agreed with Ms Braverman on homelessness or whether she should be sacked.
Instead, Mr Sunak claimed the “actions” of the Conservative government had seen rough sleeping fall by a third and the Homelessness Reduction Act had helped “relieve or prevent” over 640,000 people from being homeless.
During the debate, Sir Keir criticised the King’s Speech as “a missed opportunity”, calling Mr Sunak’s pitch as the change candidate for the next election “ridiculous posturing”.
Image: Suella Braverman has caused controversy with her remarks on both homelessness and Palestinian protests
The Labour leader dubbed the government plans revealed by the King today as “more of the same sticking plaster politics”, adding: “Today we reach something of a new low because they’re not even pretending to govern anymore.
“They’ve given up on any sense of service. They see our country’s problems as something to be exploited, not solved.”
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But the Labour leader saved his real ire for Ms Braverman and issued a warning to the prime minister over her recent controversies.
“We needed a King’s Speech that would draw a line under 13 years of Tory decline, a King’s Speech for national renewal and a serious plan for growth,” he said.
“But instead, we have a party so devoid of leadership, it is happy to follow a home secretary who describes homelessness as a lifestyle choice and believes that the job of protecting us all from extremists – the most basic job of government – is legitimate terrain for her divisive brand of politics.”
Sir Keir added: “As director of public prosecutions, I worked closely with the police and counter-terrorism forces. Their job is hard enough already without the home secretaryusing it as a platform for her own ambitions.
“And so I say to the prime minister, think very carefully about what she is committing your government to doand think very carefully about the consequences of putting greater demands on public servants at the coalface of keeping us safe.
“Because without a serious home secretary, there can be no serious government and he cannot be a serious prime minister.”
Is Starmer preparing for Braverman as Tory leader?
Did we just witness a taste of the fierce Commons battles to come after the next general election?
The most blistering attack of Sir Keir Starmer’s speech in the debate on the King’s Speech was not directed at Rishi Sunak, but at Suella Braverman.
Plenty of MPs believe the home secretary’s controversial attacks on “hate marches” and rough sleepers making a “lifestyle choice” are all about playing to the Tory gallery ahead of a leadership campaign.
Some MPs even claim Ms Braverman is goading Mr Sunak into sacking her so she can launch a leadership bid before the general election.
So it’s highly significant the Labour leader launched such a harsh attack on the home secretary. Does he anticipate facing her across the despatch box if he wins the election?
Throughout Sir Keir’s attacks, Mr Sunak’s body language is highly revealing. He makes no eye contact with her and makes no attempt to shake his head during the onslaught.
And then, when the Labour MP Sir Chris Bryant joins the attack on Ms Braverman and challenges the PM to sack her if he disagrees with her “lifestyle choice” slur, he doesn’t even mention her and praises the veterans’ minister Johnnie Mercer instead.
So is she on borrowed time in the Cabinet ahead of launching a leadership bid? As soon as Mr Sunak finished his speech, she hurried out of the chamber.
Will she have relished Sir Keir’s attack on her? Almost certainly. And what about the lack of support for her from the PM? Good or bad news for her?
Probably bad news in the short-term, but probably not in the long-term, namely after the next election – when she no doubt hopes to be doing battle with Sir Keir across the despatch box.
While Mr Sunak did not have a response on the home secretary, who sat next to him throughout Sir Keir’s speech, he had lots to say about Labour’s plans for if they get into government.
He said the policies would lead to “higher inflation, more strikes, more immigration and higher borrowing”, and he said they would “give into inflation busting demands from their union paymasters”, calling such a move “dangerous”.
The prime minister also claimed Sir Keir “stands for the same old ideas”, while the government was “focused on the long-term decisions that will provide a better and brighter future for everyone”.
• Introducing whole-life orders for the most horrific murders
• A new legal framework to enable self-driving cars to be used on Britain’s roads.
“This King’s Speech builds on the strong foundation of economy well on its way to recovery,” added the prime minister. “It rejects big government and instead backs people and businesses to thrive.
“It strengthens society with historic measures to support the nation, health and education. It secures our streets and borders with tougher sentences for criminals and powers for police.
“And above all this, King’s Speech delivers change. Change in our economy. Change in our society. Change in our communities. It takes long-term decisions for a brighter future.”
US Representative Stephen Lynch pressed Federal Reserve Vice Chair Michelle Bowman on Tuesday over her past remarks encouraging banks to “engage fully” with digital assets, questioning the Fed’s role in advancing crypto frameworks while showing confusion over the definition of stablecoins.
In a Tuesday oversight hearing, Lynch asked Bowman, the Fed vice chair for supervision, about remarks she had made at the Santander International Banking Conference in November. According to the congressman, Bowman said she supported banks “[engaging] fully” with respect to digital assets.
However, according to Bowman’s comments at the conference, she referred to “digital assets” rather than specifically cryptocurrencies. The questioning turned into Lynch asking Bowman about distinctions between digital assets and stablecoins.
The Fed official said that the central bank had been authorized by Congress — specifically, the GENIUS Act, a bill aimed at regulating payment stablecoins — to explore a framework for digital assets.
“The GENIUS Act requires us to promulgate regulations to allow these types of activities,” said Bowman.
While the price of many cryptocurrencies can be volatile, stablecoins, like those pegged to the US dollar, are generally “stable,” as the name suggests. Though there have been instances where some coins have depegged from their respective currencies, such as the crash of Terra’s algorithmic stablecoin in 2022, the overwhelming majority of stablecoins rarely fluctuate past 1% of their peg.
Bowman said in August that staff at the Fed should be permitted to hold small “amounts of crypto or other types of digital assets” to gain an understanding of the technology.
FDIC acting chair says stablecoin framework is coming soon
Also testifying at the Tuesday hearing was Travis Hill, acting chair of the Federal Deposit Insurance Corporation. The government agency is one of many responsible for implementing the GENIUS Act, which US President Donald Trump signed into law in July.
According to Hill, the FDIC will propose a stablecoin framework “later this month,” which will include requirements for supervising issuers.
Over a third of people think Rachel Reeves exaggerated economic bad news in the run-up to the budget – twice as many as thought the chancellor was being honest, a new Sky News poll has found.
Some 37% told a YouGov-Sky News poll that Ms Reeves made out things were worse than they really are. This is much higher than the 18% who said she was broadly honest, and the 13% who said things were better than she presented.
This comes in an in-depth look at the public reaction to the budget by YouGov, which suggests widespread disenchantment in the performance of the chancellor.
Just 8% think the budget will leave the country as a whole better off, while 2% think it will leave them and their family better off.
Some 52% think the country will be worse off because of the budget, and 50% think they and their family will be worse off.
This suggests the prime minister and chancellor will struggle to sell last week’s set-piece as one that helps with the cost of living.
Some 20% think the budget worried too much about help for older people and didn’t have enough for younger people, while 23% think the reverse.
The poll found 57% think the chancellor broke Labour’s election promises, while 13% think she did not and 30% are not sure. Some 54% said the budget was unfair, including 16% of Labour voters.
And it arguably gets worse…
This comes as the latest Sky News-Times-YouGov poll showed Labour and the Tories are now neck and neck among voters.
The two parties are tied on 19% each, behind Reform UK on 26%. The Greens are on 16%, while the Liberal Democrats are on 14%.
This is broadly consistent with last week, suggesting the budget has not had a dramatic impact on people’s views.
However, the verdict on Labour’s economic competence has declined further post-budget.
Asked who they would trust with the economy, Labour are now on 10% – lower than Liz Truss, who oversaw the 2022 mini-budget, and also lower than Jeremy Corbyn in the 2019 election.
The Tories come top of the list of parties trusted on the economy on 17%, with Reform UK second on 13%, Greens on 8% and Lib Dems on 5%. Nearly half, 47%, don’t know or say none of them.
Only 57% of current Labour voters say the party would do the best job at managing the economy, falling to 25% among those who voted Labour in the 2024 election.
Some 63% of voters think Ms Reeves is doing a bad job, including 20% of current Labour voters, while just 11% of all voters think she is doing a good job.
A higher proportion – 69% – think Sir Keir Starmer is doing a bad job.
Paul Atkins, chair of the US Securities and Exchange Commission, said that the agency can continue advancing digital asset regulation without legislation from Congress, signaling his expectations for the industry in 2026.
In a CNBC interview released on Tuesday, Atkins said the SEC was providing “technical assistance” as Congress considered legislation for digital asset regulation, likely referring to the market structure bill working its way through the US Senate. Atkins said that although the agency’s operations were impacted by the longest US government shutdown in the country’s history, he continued to make progress on “rules that are focused on helping [the crypto] sector.”
“We have enough authority to drive forward,” said Atkins. “I’m looking forward to having an innovation exemption that we’ve been talking about now. We’ll be able to get that out in a month or so.”
SEC Chair Paul Atkins speaking on Tuesday before the NYSE opening bell. Source: Vimeo
Atkins, whom the US Senate confirmed to chair the SEC in April after his nomination by US President Donald Trump, has taken steps to reduce the number of enforcement actions against crypto companies, including by issuing no-action letters for decentralized physical infrastructure networks.
His actions align with many of the policy directives from the White House under Trump, who has issued several executive orders touching on crypto and blockchain.
The SEC chair rang the opening bell at the NYSE on Tuesday, outlining his plans for the agency “on the cusp of America’s 250th anniversary.”
US regulators are still awaiting progress on a market structure bill
Lawmakers on the US Senate Agriculture Committee and the Senate Banking Committee are taking steps to move forward with a digital asset market structure bill, which will outline the regulatory authority of agencies, including the SEC and Commodity Futures Trading Commission, over cryptocurrencies.
Senate Banking Chair Tim Scott said that the committee planned to have the bill ready for markup in December.