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Rishi Sunak will meet with his new cabinet today after a dramatic shakeup of his top team saw David Cameron make an unexpected return to frontline politics.

In a major gamble to revive his faltering premiership, the prime minister gave the former Tory leader a peerage in order to make him foreign secretary.

It means the now Lord Cameron will be back around the Cabinet table on Tuesday for the first time since he stood down as prime minister and quit as an MP after losing the Brexit referendum in 2016.

The reshuffle has risked inflaming Conservative divisions as it included the sacking of controversial home secretary Suella Bravermana popular figure on the right of the party.

Ms Braverman was purged after she accused the Metropolitan Police of left-wing bias in its handling of protests in an article for The Times which was not fully authorised by Number 10. She had also come under criticism in previous weeks for saying that homeless people living in tents was a “lifestyle choice”.

Pic: Simon Dawson / No 10 Downing Street
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Pic: Simon Dawson / No 10 Downing Street

David Cameron is appointed Secretary of State for Foreign, Commonwealth and development Affairs and is met by Permanent Under Secretary, Sir Philip Barton
Pic:Ben Dance / FCDO
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David Cameron with permanent under secretary Sir Philip Barton. Pic:Ben Dance / FCDO

Former minister Andrea Jenkyns submitted a furious letter of no confidence in Mr Sunak to the Tory backbench 1922 Committee in the wake of the decision.

She argued that Ms Braverman “was the only person in the cabinet with the balls to speak the truth of the appalling state of our streets and a two-tier policing system that leaves Jewish community in fear for their lives and safety”.

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“If it wasn’t bad enough that we have a party leader that the party members rejected, the polls demonstrate that the public reject him, and I am in full agreement. It is time for Rishi Sunak to go,” the MP added.

The letter does not in itself threaten to provoke a vote of no confidence in the Conservative leader, as the threshold stands at 15% of sitting Tory MPs.

But Number 10 may be wary of more to come after a group of hardline Tory MPs held a meeting in parliament on Monday where concerns were shared about the reshuffle.

Suella Braverman leaves her home
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Suella Braverman leaves her home before the reshuffle

Around 12 MPs, including Tory deputy chairman Lee Anderson and former cabinet minister Simon Clarke attended in person at the New Conservatives grouping led by Danny Kruger and Miriam Cates.

Other MPs to criticise Ms Braverman’s removal include Sir Jacob Rees Mogg, who warned that the Conservatives “are in danger” of losing votes to the right-wing Reform party.

The former Brexit minister said while Ms Braverman was prepared to leave the European Convention on Human Rights (EHRC) to enact the controversial Rwanda deportation plan, currently held up in the courts, her successor James Cleverly has signalled he does not want to do this.

“There is a distinct watering down on the migration policy,” he told BBC Newsnight.

Ms Braverman has said little about her departure so far but in a potentially ominous warning to Mr Sunak, said she would have more to say “in due course”.

Meanwhile former cabinet secretary Therese Villiers told the Politics Hub with Sophy Ridge she would be a “force to be reckoned with” on the backbenches.

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PM ‘pleased’ to appoint Cameron

Mr Cleverly, the former foreign secretary, has insisted he will be just as committed to the government’s “stop the boats pledge” in his new role.

His appointment is likely to face more scrutiny in the coming days, with a Supreme Court judgement due on Wednesday on whether the much-delayed Rwanda plan is lawful.

But for the moment it has largely been overshadowed by the political comeback of Lord Cameron.

Cameron comeback massive shock

The appointment was a massive shock in Westminster, not just because of the return of a former prime minister to government – the first since Alec Douglas-Home in the 1970s – but also because of his views on China.

During the Cameron administration there was a “golden era” of UK-China co-operation, something Mr Sunak described as “naive” last year following growing tensions with Beijing.

Lord Cameron has also been critical of Mr Sunak’s decision to scrap the northern leg of HS2, while the prime minister used his Tory conference speech to distance himself from the legacy of his predecessors.

Read More:
Sunak reshuffle shows he’s done with playing it safe
Rishi Sunak’s claim to be ‘change candidate’ is tested by return of David Cameron

But the former prime minister made it clear he backs Mr Sunak and will work with him to help the Tories win the general election, which is expected next year.

The new foreign secretary said: “Though I may have disagreed with some individual decisions, it is clear to me that Rishi Sunak is a strong and capable prime minister, who is showing exemplary leadership at a difficult time.”

The appointment has raised questions about how he will be held to account if he can’t answer to MPs in the Commons.

He also faces questions over the Greensill affair, in which he privately lobbied ministers in an attempt to win Greensill Capital access to an emergency coronavirus loan scheme.

This was seized on by opposition MPs who criticised the “clown show” reshuffle, which also saw Steve Barclay take Therese Coffey’s job as environment secretary, while Victoria Atkins became health secretary.

In another key appointment, GB News presenter and former work and pensions secretary Esther McVey was brought back into government as a minister without portfolio, reportedly to “speak common sense” on behalf of the government and push forward its “anti-woke” agenda, in a conciliatory move to the Tory right.

However many of the party’s One Nation MPs – closer to the centre of politics – may welcome the return of Lord Cameron, who secured them two victories at general elections and is well known internationally.

Former health secretary Matt Hancock said of the reshuffle: “Excellent for the Conservatives, showing Rishi Sunak will fight the election on the centre ground.”

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Wes Streeting denies Labour has made ‘mistakes’ with ‘unpopular’ policies despite poor local election results

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Wes Streeting denies Labour has made 'mistakes' with 'unpopular' policies despite poor local election results

Health Secretary Wes Streeting has defended “unpopular” policies such as the cut to the winter fuel allowance despite Labour’s poor performance at the local elections.

Mr Streeting denied the government had made any mistakes when asked whether the policy was partly to blame for the party losing 189 council seats less than a year since the General Election.

Since coming into government last July, Labour has enacted a number of policies that were not in its manifesto.

These include means-testing winter fuel payments for pensioners, increasing employers’ national insurance contributions and slashing £5bn from the welfare bill.

Asked what mistakes his government had made so far that had led to its drubbing at the ballot box, Mr Streeting told Sunday Morning with Trevor Phillips: “Well, we will make plenty of mistakes.”

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Pressed again on whether he believed “mistakes” had been made, the health secretary replied: “No. When we made those choices, we knew they would be unpopular. And we knew that they would be opposed.

“The reason we made those choices is because we genuinely believe they’re the right choices to get the country out of the massive hole it was left in. And right across the board. Whether it’s the NHS, whether it’s schools, whether it’s prisons, whether it’s our defence and security, whether it’s crime and policing, there were enormous challenges facing this country when we came in.

“And we’ve had to make big and sometimes unpopular decisions so that we can face those challenges and deal with them. People might thank us if we just kind of go for the easy but we want to make the right choices.”

Some Labour MPs have urged the government to change direction, with one telling Sky News the cut to winter fuel was a “catastrophic error” that must be “remedied” if the party is to see any improvement in public opinion.

Others have warned that in courting Reform voters, the party risks fracturing its coalition of voters on the left who may be tempted by the Liberal Democrats and Green Party.

However, in the aftermath of the local elections, Sir Keir Starmer suggested the poor results meant he needed to go “further and faster” in delivering his existing agenda.

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Inside Reform’s election success

The real victor to emerge from Thursday’s local elections was Reform UK, which won control of 10 councils and picked up 677 council seats largely at the expense of the Conservatives in the south.

However, Reform also won the Runcorn by-election from Labour by just six votes, as well as control of Doncaster Council from Labour – the only local authority it had control of in this set of elections – in a significant win for Nigel Farage and his party.

The Reform UK leader declared that two-party politics was now “finished” and that his party was now the official “opposition” to Labour.

Asked whether the results meant that Labour would now treat Reform as “your most serious opposition”, Mr Streeting said: ” I certainly do treat them as a serious opposition force.”

“As I say, I don’t know whether it will be Reform or the Conservatives that emerge as the main threat,” he added.

“I don’t have a horse in that race, but like alien versus predator, I don’t really want either one to win.”

Read more:
Reform’s mission to ‘remoralise’ young people
Reform has put the two traditional parties on notice

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Reform UK are ‘fighting force’

Tory Party chairman Nigel Huddleston said Reform UK was not just a protest party and that Mr Farage was “a force in British politics”.

He told Trevor Phillips: “But the one thing about Nigel Farage is, and we’re seeing this again and again and again, he is a populist.

“He is increasingly saying everything that anybody wants to hear. He’s trying to be all things to all men.”

“We are establishing ourselves as a credible alternative government based on sound conservative principles and values and our values and our principles, and therefore our policies, will define the future of our party,” he added.

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It is ‘feasible’ Nigel Farage could be the next prime minister, says Kemi Badenoch

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It is 'feasible' Nigel Farage could be the next prime minister, says Kemi Badenoch

Kemi Badenoch has admitted it is “feasible” that Nigel Farage could become the next prime minister.

The Tory leader told the BBC’s Sunday With Laura Kuenssberg programme Mr Farage’s party was “expressing the feeling of frustration that a lot of people around the country are feeling” – but added it was her job to “come up with answers and solutions”.

Asked if it was feasible that Mr Farage could be the next prime minister, she cited how Australian Prime Minister Anthony Albanese had won re-election this weekend.

“As I said, anything is feasible,” she said. “Anthony Albanese: people were writing him off. He has just won a landslide, but my job is to make sure that he [Farage] does not become prime minister because he does not have the answers to the problems the country is facing.”

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Could Nigel Farage be prime minister?

Asked what Mr Farage was doing right, Ms Badenoch said: “He is expressing the feeling of frustration that a lot of people around the country are feeling.

“But he also doesn’t have a record in government like the two main parties do. Now he’s going to be running some councils. We’ll see how that goes.”

Mr Farage was the undoubted winner of Thursday’s local elections, in which 23 councils were up for grabs.

His party picked up 677 council seats and took control of 10 councils.

By contrast, the Conservatives lost 677 council seats as well as control of 18 councils in what was their worst local elections performance on record.

Mr Farage said the outcome spelt the end of two-party politics and that his party was now the official “opposition” to Labour – with the Tories having been rendered a “waste of space”.

Read more:
Reform has put the two traditional parties on notice

‘I get it’: Starmer responds after losing Runcorn by-election

Ms Badenoch said she believed the vote for Mr Farage on Thursday was partly down to “protest” but added: “That doesn’t mean we sit back. We are going to come out fighting.

“We are going to come out with the policies that people want to see, but what we are not going to do is rush out and tell the public things that are not true just so we can win votes.

“This is not about winning elections; this is about fixing our country. Yes, of course, you need to win elections to do that, but you also need a credible plan.”

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‘Farage is a force in British politics’

Conservative co-chairman Nigel Huddleston sought to play down the threat from Reform UK, telling Sky News: “When they’re in a position of delivering things, that’s when the shine comes off.”

He told Sunday Morning with Trevor Phillips: “The one thing about Nigel Farage is, and we’re seeing this again and again and again, he is a populist.

“He is increasingly saying everything that anybody wants to hear. He’s trying to be all things to all men.”

“We are establishing ourselves as a credible alternative government based on sound conservative principles and values and our values and our principles, and therefore our policies, will define the future of our party,” he added.

Asked whether the results meant that Labour would now treat Reform as “your most serious opposition”, Health Secretary Wes Streeting told Trevor Phillips: ” I certainly do treat them as a serious opposition force.”

“As I say, I don’t know whether it will be Reform or the Conservatives that emerge as the main threat,” he added.

“I don’t have a horse in that race, but like alien versus predator, I don’t really want either one to win.”

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Pro-crypto Democrats pull support for stablecoin bill in last minute

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Pro-crypto Democrats pull support for stablecoin bill in last minute

Pro-crypto Democrats pull support for stablecoin bill in last minute

A group of US Senate Democrats known for supporting the crypto industry have said they would oppose a Republican-led stablecoin bill if it moves forward in its current form.

The move threatens to stall legislation that could establish the first US regulatory framework for stablecoins, according to a May 3 report from Politico.

Per the report, nine Senate Democrats said in a joint statement that the bill “still has numerous issues that must be addressed.” They warned they would not support a procedural vote to advance the legislation unless changes are made.

Among the signatories were Senators Ruben Gallego, Mark Warner, Lisa Blunt Rochester and Andy Kim — all of whom had previously backed the bill when it passed through the Senate Banking Committee in March.

The bill, introduced by Senator Bill Hagerty, is formally known as the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.

Related: Fed’s Powell reasserts support for stablecoin legislation

Senate prepares to vote on stablecoin bill

The Senate is expected to begin floor consideration of the bill in the coming days, with the first vote potentially taking place next week.

The bill has been championed by the crypto industry as a landmark step toward regulatory clarity. However, the Democrats’ about-face reflects growing unease within the party.

Although revisions were made to the bill after its committee approval to address Democratic concerns, the lawmakers said the changes fell short. They called for stronger safeguards related to Anti-Money Laundering, national security, foreign issuers, and accountability measures for noncompliant actors.

The statement was also signed by Senators Raphael Warnock, Catherine Cortez Masto, Ben Ray Luján, John Hickenlooper and Adam Schiff.

Pro-crypto Democrats pull support for stablecoin bill in last minute
A copy of the statement. Source: Alex Thorn

Senator Kirsten Gillibrand and Senator Angela Alsobrooks were absent from the list, who co-sponsored the bill alongside Hagerty.

Despite their objections, the Democratic senators emphasized their commitment to shaping responsible crypto regulation. They reportedly said they “are eager to continue working with our colleagues to address these issues.”

Related: US banks are ‘free to begin supporting Bitcoin’

Crypto needs a stablecoin bill

On April 27, Caitlin Long, founder and CEO of Custodia Bank, criticized the US Federal Reserve for quietly maintaining a key anti-crypto policy that favors big-bank-issued stablecoins, despite relaxing crypto partnership rules for banks.

Long explained that while the Fed recently rescinded four prior crypto guidelines, a Jan. 27, 2023, statement was left intact in coordination with the Biden administration.

The guidance, according to Long, blocks banks from engaging directly with crypto assets and prohibits them from issuing stablecoins on permissionless blockchains.

However, Long noted that once a federal stablecoin bill becomes law, it could override the Fed’s stance. “Congress should hurry up,” she urged.

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