Political News

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 …

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 …

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, …

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 …

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 …

Eleanor Klibanoff, The Texas Tribune The future of medication abortion in the United States remains up in the air after a federal judge heard arguments Wednesday in a suit challenging the Food and Drug Administration’s long-standing approval of mifepristone. U.S. District Judge Matthew Kacsmaryk said he would rule “as soon …

Nadra Nittle Originally published by The 19th A Nobel laureate, Pulitzer Prize winner and Presidential Medal of Freedom honoree, Toni Morrison accomplished a staggering list of feats as a writer and scholar. More than three years after her death at 88 in August 2019, she continues to achieve. Her latest …

Nadra Nittle Originally published by The 19th Long hours. Low morale. Little pay. These are just some of the reasons researchers say that many states face a teacher shortage that the Great Recession ushered in over 15 years ago and the pandemic only made worse. To retain and recruit teachers, …

Fears of an escalation between nuclear superpowers Russia and the United States mounted Tuesday after a U.S. Air Force Reaper drone went down in international waters in the Black Sea during an encounter with a Russian fighter jet, with both sides giving varying accounts of the incident. According to U.S. …

The U.S. government is suing Rite Aid, alleging that the pharmacy chain missed “obvious red flags” and illegally filled hundreds of thousands of prescriptions for controlled substances, including opioids. The Justice Department complaint states that from 2014 to 2019, Rite Aid pharmacists knowingly filled prescriptions that were “medically unnecessary,” prescribed …

Robin Opsahl, Michigan Advance Former President Donald Trump, in his first Iowa stop as an official presidential candidate, took aim at a potential rival, Florida Gov. Ron DeSantis. Trump said if DeSantis joins the 2024 presidential race, his track record on ethanol and Social Security could cost him the Iowa …

Elaine S. Povich As the U.S. Supreme Court mulls the constitutionality of President Joe Biden’s broad student loan forgiveness plan, lawmakers in many states are looking to expand their own student debt repayment programs. Every state but North Dakota has at least one loan forgiveness plan. The catch is that …

Casey Quinlan After the largest U.S. bank failure in more than a decade, regional bank stocks plunged on Monday as the federal government — with the 2007-2008 financial crisis still a fresh memory for many — rushed to reassure Americans that the U.S. banking system was stable. President Joe Biden …

Jake Johnson, Common Dreams More than a dozen House Republicans are expected to release legislation Tuesday that would impose more harsh work requirements on certain recipients of federal food aid, a clear signal that the GOP intends to target nutrition assistance in critical debt ceiling, budget, and farm bill talks. …

Danielle J. Brown, Florida Phoenix Republican lawmakers are proposing to expand legislation that would further limit majors and minors available to Florida university students, which would exacerbate concerns from faculty and other opponents of the bill that has already shaken up higher education in the state. The legislation also would …