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Cruz urges Texas bar for careful consideration of Stanford graduates following campus protests Sen. Ted Cruz (R-Texas) urged the Texas state bar to carefully consider the fitness of certain Stanford University law school graduates after a protest over a conservative judge’s speaking engagement on the campus. Cruz in a letter to Texas officials said there…
Republican lawmakers blast potential Trump indictment as ‘politically motivated,’ ‘abuse of power’ Republican lawmakers blasted the prospect of former President Trump being indicted after he revealed he expects to be arrested next week, calling the potential move “politically motivated” and an “abuse of power.” House Speaker Kevin McCarthy (R-Calif.) said he would direct relevant committees…
Warren takes center stage in banking fight after SVB collapse The Silicon Valley Bank (SVB) collapse and turmoil in the banking industry are providing a moment for Sen. Elizabeth Warren (D-Mass.) to jump back into the spotlight. And Warren, who rose to prominence as a consumer protection advocate and has long made headlines for hammering…
Biden, divided Congress seek common ground on health care reforms President Biden’s budget proposal includes ambitious measures seeking to bring down health care costs, but the divided government poses a steep challenge to these proposals, and lawmakers have yet to indicate where they’re willing to come together. Biden’s budget proposes increasing discretionary funding for the…
DeSantis says he prevented ‘Faucian dystopia’ Florida Gov. Ron DeSantis on Thursday touted his handling of the Covid-19 pandemic, saying that his willingness to buck the advice of federal health officials in some of the darkest days of the outbreak prevented his state from becoming a “Faucian dystopia.” “Florida, we played an important role over…
Banking wrap-up: What you need to know about the sector’s turmoil Markets plummeted Wednesday as the financial sector took a double hit from the continuing fallout from the Silicon Valley Bank (SVB) collapse and the worries over the health of Europe’s second largest bank, Credit Suisse, which appealed to the Swiss government for help. The…
Moody’s weighs downgrade for six US banks following SVB collapse Moody’s Investors Service is weighing a credit downgrade for six U.S. banks following the second- and third-largest bank failures in the nation’s history. The credit rating firm said Monday that the regional banks are “exposed to the risk of uninsured deposit outflows” in the wake…
GOP Oversight chairman subpoenas Hunter Biden associates’ bank records House Oversight and Reform Committee Chairman James Comer (R-Ky.) has issued a subpoena for the bank records belonging to associates of Hunter Biden. The news was first disclosed in a letter that Rep. Jamie Raskin (D-Md.), the ranking member of the Oversight committee, sent to Comer…
Netanyahu’s judicial reforms have US lawmakers worried about Israeli democracy President Biden and members of Congress are watching with deep concern how Israeli Prime Minister Benjamin Netanyahu moves forward with so-called judicial reforms that have drawn unprecedented opposition on the Israeli street. The reforms have been criticized by opponents as stripping Israel’s Supreme Court of…
NTSB opens investigation into Norfolk Southern safety practices after train derailments The National Transportation Safety Board (NTSB) is launching an investigation into Norfolk Southern’s safety practices as the company faces increasing scrutiny following a string of train derailments, including a high-profile derailment in Ohio last month, the agency announced Tuesday. The NTSB said in a…