Speaker clinging on to job as some MPs sign no-confidence motion after Commons Gaza vote descends into row

Published

1 year ago

February 21, 2024

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Commons Speaker Sir Lindsay Hoyle has apologised to MPs after the chamber descended into chaos around a motion calling for a ceasefire in Gaza.

Wednesday was designated as an opposition day for the SNP, which chose to debate the Israel-Hamas war – and sought to persuade MPs to back its calls for an immediate halt to the fighting.

But a controversial decision from Sir Lindsay to allow a Labour amendment to be put to the House led to an uproar from Tory MPs – and eventually saw the government pledging to “play no further part” in proceedings, as well as the SNP not even getting to vote on its original proposal.

After Conservative and SNP politicians stormed out of the chamber in protest, Sir Lindsay returned to the Commons to face his critics, apologising for “how it all ended up” and saying he took “responsibility” for his actions.

But SNP leader Stephen Flynn said he would “take significant convincing” that the Speaker’s position was “not now intolerable”.

And 33 MPs from both his party and the Tories have now signed a no-confidence motion in Sir Lindsay – not enough to oust him yet, but a motion that could gain traction in the coming days.

Politics live: Speaker sparks fury with amendments decision

Today’s debate was set to be the conclusion of days of drama over whether Labour would change its position on the conflict in the Middle East.

The party initially supported the government’s stance, calling for a pause in the fighting rather than a ceasefire, as it did not believe the latter would be sustainable.

However, after the SNP decided to force the issue to a vote in the Commons, Labour went further – putting forward an amendment calling instead for an “immediate humanitarian ceasefire”, albeit still with its initial caveats that both sides would need to lay down their arms and Israeli hostages would have to be released.

A fresh row erupted on Wednesday after Speaker Sir Lindsay Hoyle broke with convention to put Labour’s amendment to a vote – as opposition parties cannot usually amend opposition motions, only the government.

Labour sources told Sky News Sir Lindsay – who was a Labour MP before taking on the role of Speaker – had been pressured by party whips to select it, but a party spokesman denied the claim.

However, Tory MPs accused him of making an “overtly political decision” to select the amendment in order to prevent Sir Keir Starmer facing a rebellion from his backbenchers – who could have supported the SNP’s motion without a Labour option.

In a surprise move, Leader of the House Penny Mordaunt announced the government would be withdrawing its own amendment to the SNP’s motion – which reiterated the government’s existing position – saying the Conservatives would “play no further part in the decision this House takes on today’s proceedings”.

She said the decision of Sir Lindsay to select the Labour amendment had “undermined the confidence” of MPs in procedures, “raised temperatures in this House on an issue where feelings are already running high” and “put honourable and right honourable members in a more difficult position”.

But due to parliamentary rules, the decision to walk away meant Labour’s amendment passed and MPs could only vote on the altered motion – stopping the SNP’s original proposal even being voted on.

Instead of the aftermath being about the significance of the UK parliament officially backing an immediate ceasefire in Gaza for the first time, the focus returned to the impact of Sir Lindsay’s earlier decisions – with some Tory and SNP MPs leaving the chamber in protest.

The SNP’s Mr Flynn called for the Speaker to come to the Commons, asking deputy speaker Dame Rosie Winterton: “How do we bring him to this House now to explain to the Scottish National Party why our views and our votes in this House are irrelevant to him?”

And after some delaying tactics by MPs, the Speaker appeared to offer his apologies to MPs on all sides.

As some MPs called out “resign”, Sir Lindsay reiterated his earlier justifications for selecting the Labour amendment, saying he had been trying to ensure all options were on the table for MPs to vote on – as well as protecting MPs’ safety.

He added: “I thought I was doing the right thing and the best thing, and I regret it, and I apologise for how it’s ended up.

“I do take responsibility for my actions.”

But while Mr Flynn accepted the intention of the apology, he said the result of the Speaker’s actions saw “an SNP opposition day turn into a Labour Party opposition day”.

“I’m afraid that is treating myself and my colleagues in the Scottish National Party with complete and utter contempt,” he said.

“I will take significant convincing that your position is not now intolerable.”

How do you oust a Speaker?

On a chaotic night, the Speaker of the House of Commons appears to be fighting for his future in the role.

Our deputy political editor Sam Coates says he probably has as little as 24 hours to save his political life.

But how would he end up leaving the role?

According to the Institute for Government, there’s no formal means of removing the House Speaker from office.

However, they can fall victim to a vote of no confidence – making it extremely difficult, and likely untenable, for them to stick around.

One famous example was during the expenses scandal in 2009, when speaker Michael Martin resigned in anticipation of losing such a vote.

There has been speculation today that the government may look to make Sir Lindsay Hoyle subject to one too.

Given his apology to MPs tonight, he clearly recognises the strength of feeling and sheer anger at his handling of the Gaza votes

Were he to resign, it would kick off a vote to select his successor.

Candidates are put forward via written nominations, and if one secures more than 50% of the vote among MPs then a motion is put to the Commons asking to confirm their appointment.

If it doesn’t pass, selection and voting starts again.

If nobody secures 50% in the first place, the candidate with the lowest vote share gets removed from the ballot and the vote is repeated until someone does hit the threshold and a winner emerges.

Speaking to Sky News after the drama had unfolded, Mr Flynn apologised to the public, saying today should have been about Palestinians in Gaza.

“But Westminster does this, doesn’t it?” he added. “It turns into a [debate] all about Westminster and what a circus this is.

“Because thanks to the actions of the Speaker of the House of Commons, the SNP has been stitched up to the point that the Labour Party were the only game in town today.”

He said there would be some “serious recriminations”, adding: “Today was about something much bigger than Westminster, and yet here we are debating Westminster is nonsense.”

Labour’s shadow defence secretary, John Healey, defended Sir Lindsay, telling Sky News’s Politics Hub With Sophy Ridge: “The Speaker is there to protect the rights of all MPs and he was trying to do the right thing.

“He was trying to make sure [there was] the widest possible debate because he knows it matters in parliament, it matters in our communities and it matters beyond the shores of Britain.”

However, Mr Healey criticised other MPs, adding: “This was a chance when we could have shown the best of parliament in coming together to demand an end to the fighting in Gaza.

“But instead we’ve revealed the worst of Westminster, with this descending into a row about procedure, with a boycott from the Conservatives, a walkout from the SNP, and frankly, this does nothing to help the Palestinians and it does nothing to advance the cause of peace.”

Politics

US Senate moves forward with GENIUS stablecoin bill

Published

2 hours ago

May 20, 2025

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US Senate moves forward with GENIUS stablecoin bill

The US Senate has voted to advance a key stablecoin-regulating bill after Democrat Senators blocked an attempt to move the bill forward earlier in May over concerns about President Donald Trump’s sprawling crypto empire.

A key procedural vote on the Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act, passed in a 66-32 vote on May 20.

Several Democrats changed their votes to pass the motion to invoke cloture, which will now set the bill up for debate on the Senate floor.

Republican Senator Cynthia Lummis, one of the bill’s key backers, said on May 15 that she thinks it’s a “fair target” to have the GENIUS Act passed by May 26 — Memorial Day in the US.

Government, United States, Stablecoin — *The US Senate voted 66-32 to advance debate on the GENIUS stablecoin bill. Source:* *US Senate*

The GENIUS Act was introduced on Feb. 4 by US Senator Bill Hagerty and seeks to regulate the nearly $250 billion stablecoin market — currently dominated by Tether (USDT) and Circle’s USDC (USDC).

The bill requires stablecoins be fully backed, have regular security audits and approval from federal or state regulators. Only licensed entities can issue stablecoins, while algorithmic stablecoins are restricted.

Several Democratic senators withdrew support for the bill on May 8, blocking a motion to move it forward, citing concerns over potential conflicts of interest involving Trump’s crypto ventures and anti-money laundering provisions.

The bill was revised soon after to receive enough bipartisan support to proceed to a vote.

Hagerty’s stablecoin bill builds on the discussion draft he submitted for former Representative Patrick McHenry’s Clarity for Payment Stablecoins Act in October.

Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

Politics

DOJ is investigating Coinbase data breach— Report

Published

6 hours ago

May 19, 2025

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DOJ is investigating Coinbase data breach— Report

The US Department of Justice is reportedly conducting a probe over Coinbase’s contracted customer service agents in India, who accepted bribes in exchange for allowing criminals access to user data.

According to a May 19 Bloomberg report, DOJ investigators are looking into the data breach, which Coinbase disclosed to the public on May 15. The exchange reported that a group of customer support contractors — subsequently fired — “abused their access to […] systems to steal the account data for a small subset of customers.”

“We have notified and are working with the DOJ and other US and international law enforcement agencies and welcome law enforcement’s pursuit of criminal charges against these bad actors,” said Coinbase’s chief legal officer, Paul Grewal, according to Bloomberg.

Though “no passwords, private keys, or funds were exposed” according to Coinbase, the data breach resulted in social engineering attacks targeting users, including a Sequoia Capital partner, with losses estimated at up to $400 million. The attackers also attempted to extort $20 million from Coinbase in exchange for not disclosing the breach, which the company refused.

Backlash in the courts

The attempted social engineering attacks have resulted in Coinbase users filing several lawsuits against the exchange, alleging that the company mishandled their personal data. One user, a retired artist named Ed Suman, reported losing $2 million to the scammers.

Coinbase’s stock price fluctuated following the news of the breach and an unrelated probe from the US Securities and Exchange Commission over its reported “verified user” numbers. Cointelegraph reached out to Coinbase for comment but had not received a response at the time of publication.

Magazine: Father-son team lists Africa’s XRP Healthcare on Canadian stock exchange

Politics

What to expect at Trump’s memecoin dinner

Published

6 hours ago

May 19, 2025

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What to expect at Trump’s memecoin dinner

On May 22, US President Donald Trump is expected to host up to 220 people who had purchased the most significant quantities of his memecoin at a private event in Washington, DC.

Though the exact number of attendees was unknown as of May 19, reports and blockchain data have revealed some of the tokenholders who qualified to apply for the May 22 dinner and “VIP tour” and reception, presumed to be in the White House. Bloomberg reported on May 7 that more than half of the 220 wallets were likely controlled by foreign nationals.

Among the memecoin dinner applicants, who likely still face background checks ahead of getting a confirmed appearance before the president, included Synthetix founder Kain Warwick, a consultant named Vincent Deriu, and crypto user Morten Christensen, who reportedly only paid $1,200 for the opportunity.

Others included a World Liberty Financial adviser going by the pseudonym “Ogle,” and a representative from the Singapore-based startup MemeCore. Cointelegraph has also learned that Vincent Liu, chief investment officer of the Taiwan-based company Kronos Research, plans to attend.

Trump’s memecoin, even before the announced dinner and reception, was criticized by many members of Congress.

Some lawmakers said the president was opening the White House up to potential bribes and conflicts of interest by allowing people, perhaps tied to foreign governments, to put money directly into his pockets without transparency.

Interfering with stablecoin, market structure bills

The controversy has spilled over into proposed legislation connected to digital assets, including a bill in the Senate aimed at establishing a regulatory framework for stablecoins and a draft market structure bill in the House of Representatives. Some Democrats said they would not support any legislation until “Trump’s crypto corruption” was addressed.

Law, Politics, United States, Donald Trump, Memecoin — *May 14 BlueSky post on Trump memecoin. Source:* *Elizabeth Warren*

“Democrats are thinking that this is just an official means by which to conduct corruption,” said Rebecca Liao, co-founder and CEO of layer-1 blockchain Saga, in a statement shared with Cointelegraph. “What began as a bipartisan bill with potential widespread support has now transformed into a proxy war between the Democrats and the Trump administration.”

Some organizations have planned protests during the memecoin dinner on May 22. The Democratic Party’s arm in Arlington, Virginia, announced its members would gather to oppose those in the White House “cashing in on their public office.” Cointelegraph reached out to the organization for comment but had not received a response at the time of publication.

Buying influence, or just speculating on an emerging market?

The top 220 tokenholders reportedly spent a combined $148 million to have the opportunity to attend the event, which finalized its leaderboard on May 12. However, anyone with a wallet can still buy TRUMP tokens and potentially influence the president’s policies after the dinner is completed.

“The decision to acquire the [TRUMP] token was not political,” Vincent Liu of Kronos Research, who plans on attending the memecoin dinner, told Cointelegraph. “It was based on identifying early momentum, cultural relevance, and potential market catalysts.”

In April, Freight Technologies said it would invest $20 million in the TRUMP token, suggesting that it could affect the president’s trade policies between the US and Mexico, where the firm conducts some of its business. GD Culture Group announced in May that the memecoin would be included in its plans for a $300-million crypto reserve.

“The issue is the conflict of interest between the Trump family’s crypto investments and the administration’s pivot toward crypto-friendly policies,” said Liao. “The Trump family has very openly invested in crypto and has started their own crypto ventures. This has created a perception problem where policy shifts favoring cryptocurrency could be viewed as self-enrichment rather than in the national interest.”

If the stablecoin bill, the GENIUS Act, is the first test for how Republicans and Democrats will respond to Trump’s potential conflicts of interest in the crypto industry, there is already a stark contrast between the two parties.

House Speaker Mike Johnson largely brushed off concerns about the president and his family’s connections to the industry, saying he was “not an expert in that.” White House deputy press secretary Anna Kelly reportedly said there were “no conflicts of interest” because Trump’s children managed his assets through a trust.

Lawmakers are expected to take up a vote on the GENIUS Act in a matter of days, possibly before the memecoin dinner and reception are held. At the time of publication, it was unclear whether Republicans intended to address some of the Democrats’ concerns around Trump and crypto, or move forward with a vote with no significant changes to the bill.

Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions