Jennifer Shutt, Pennsylvania Capital-Star Federal departments and agencies say U.S. House Republicans’ plans to cut federal spending would result in reductions to key programs like food aid, education assistance and wildfire management. The series of letters from across the federal government released Monday detail exactly how plans to cut at …
Read More »DeSantis, GOP Legislature, Aren’t Really Clear On This Whole ‘freedom’ Concept
Commentary Diane Roberts, Florida Phoenix Why would Ron DeSantis rather destroy Florida universities than allow our students encounter ideas he doesn’t like? What’s he so afraid of? Is it that the preservation of slavery was indeed one important factor in getting the white South to support the American Revolution? That …
Read More »Sen. Warren Demands Probe Into Bank Failures, Urges Biden to Fire Powell
Kenny Stancil Sen. Elizabeth Warren this weekend called on federal officials to investigate the causes of recent bank failures and urged President Joe Biden to fire Federal Reserve Chair Jerome Powell, whom she has criticized for intensifying financial deregulation and imposing job- and wage-destroying interest rate hikes. Asked on Sunday …
Read More »Regulators Ended The Week Like They Started It — Tamping Down Fears, Rescuing A Bank
Casey Quinlan, Nevada Current Financial regulators, policymakers, and bank executives spent last week trying to abate fears that a banking crisis will spread across the U.S. financial system. On Friday, President Joe Biden released a statement calling on Congress to take action to make it easier for regulators to hold …
Read More »Manhattan DA: Trump’s Intimidation Efforts Won’t Be Tolerated
Manhattan District Attorney Alvin Bragg said Saturday that former President Donald Trump’s efforts to undermine his prosecutorial authority won’t be tolerated. In a memo to colleagues, Bragg wrote that “we do not tolerate attempts to intimidate our office or threaten the rule of law in New York.” “Our law enforcement …
Read More »What The Vice President’s Trip Meant To Iowa Democrats And Advocates
Barbara Rodriguez Originally published by The 19th Vice President Kamala Harris’ Thursday trip to Iowa to discuss abortion rights was so last-minute that Ruth Ann Gaines, a longtime Democratic state representative, got word about it only a few days ago. On Thursday, Gaines rushed to join other local leaders at …
Read More »Biden Says Top Executives of Failed Banks Should Face Harsher Penalties
Days after U.S. Sen. Elizabeth Warren expressed outrage over the bonuses that Silicon Valley Bank executives were handing out hours before the bank failed, President Joe Biden on Friday called on Congress to strengthen regulatory powers to hold officials at failed banks accountable. The president said in a statement that …
Read More »The Collapse Of Major US Banks Leads To Bills Calling For More Regulation
V. Gerard (Jerry) Comizio, American University When Silicon Valley and Signature banks failed in early March 2023, government regulators rushed in to guarantee deposits and protect bank customers. Under current banking regulations, though, there was no obligation for the government to step in. Now, both Democratic and Republican politicians are …
Read More »Trump Says He Expects To Be Arrested Next Week
Former President Donald Trump has said in a social media post that he will be arrested on Tuesday, as a New York prosecutor eyes charges in a case examining hush money paid to women who alleged sexual encounters with him. Trump said in a post on his Truth Social network …
Read More »Democratic Lawmakers Introduce Bill to Repeal 2018 Rollback of Critical Dodd-Frank Protections
Sen. Elizabeth Warren (D-Mass.) and Rep. Katie Porter (D-Calif.) have introduced a bill to repeal part of a Trump-era bank regulation rollback law in the wake of the collapse of Silicon Valley Bank. The bill, called the Secure Viable Banking Act, would put banks with at least $50 billion in …
Read More »White House Demands Chinese Owner Sell TikTok Or Risk US Ban
The Biden administration wants TikTok’s Chinese parent company to divest itself of the popular social media platform, or it could face a possible nationwide ban, TikTok confirmed to news outlets this week. The Wall Street Journal said the Committee on Foreign Investment in the U.S. (CFIUS) had recently made the divestment …
Read More »Biden Promotes Prescription Drug Plan During UNLV Stop
Michael Lyle, Nevada Current President Joe Biden during a speech at UNLV Wednesday touted recent legislative victories seeking to rein in prescription drug prices and vowed to build on efforts to reduce health costs Biden’s visit to Southern Nevada came a week after he unveiled his 2024 fiscal year budget, …
Read More »Senate Moves Toward Repealing Authority For Military Force Against Iraq
Jennifer Shutt, Florida Phoenix The U.S. Senate took a broadly bipartisan vote Thursday to advance legislation that would end the 32-year-old and the 20-year-old Authorizations for Use of Military Force against Iraq. The 68-27 vote moves the measure past the chamber’s 60-vote legislative filibuster and towards a final passage vote as soon …
Read More »Appellate Ruling Means Professors In Florida Are Free To Teach About Race, Sexism, As They See Fit
Michael Moline, Florida Phoenix College professors can continue to teach hard lessons about race and sexism notwithstanding Gov. Ron DeSantis’ “Stop Woke” act, his attempt to dictate how educators handle these topics. In a terse order issued Thursday, a three-judge panel of the U.S. Court of Appeals for the Eleventh …
Read More »Sen. Schumer Calls For Safety Audit Into All Major Railroads After Ohio Derailment
Jacob Fischler, South Dakota Searchlight U.S. Senate Majority Leader Chuck Schumer called Wednesday for the federal authority responsible for determining the causes of transportation casualties to investigate the safety culture at all major North American freight railroads. Following the Feb. 3 Norfolk Southern derailment that caused a toxic chemical spill …
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