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” Sen. Warren calls out ‘sham audits’ while SVB threatens crypto bankruptcy “ United States Senators Elizabeth Warren and Ron Wyden asked the Public Company Accounting Oversight Board (PCAOB) to hold auditors accountable for failed crypto projects. The PCAOB — a non-profit overseeing the audits of public companies and other issuers — recently stated that…
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…
Lachlan Murdoch dismisses ‘noise’ created by Fox News, Dominion lawsuit Lachlan Murdoch, the top executive at Fox Corp., dismissed negative headlines surrounding the company as it faces a $1.6 billion lawsuit stemming from its coverage of the 2020 election. “I think a lot of the noise that you hear about this case is actually not about…
Biden’s budget proposes tax hikes on wealthy to reduce deficit, shore up Medicare President Biden outlined a slew of tax hikes on wealthy Americans as an avenue for reducing the deficit and funding key programs like Medicare as he released on Thursday his proposed budget for fiscal year 2024. It gives a glimpse of the policy…
McConnell hospitalized after fall in DC Senate Republican Leader Mitch McConnell (Ky.) was hospitalized Wednesday night after a fall in Washington, D.C. The 81-year-old tripped while attending a private dinner, a spokesperson for the senator told The Hill, and has been admitted to a hospital “where he is receiving treatment.” CNN, citing an unidentified source,…
McCarthy uses CBO briefing to prod Biden on debt limit talks Speaker Kevin McCarthy (R-Calif.) took aim at President Biden as he emerged from a bipartisan members briefing by the director of the Congressional Budget Office (CBO), prodding the president to arrange another meeting to negotiate on raising the debt limit. “When the president delays…
33 Senate Democrats join Republicans to block DC crime bill Senators on Wednesday overwhelmingly voted to block the District of Columbia’s updated criminal code from becoming law, marking the first time in more than three decades that a D.C.-passed bill has been nixed by Congress and the White House. The Senate advanced the resolution, 81-14,…
Biden launches battle on Capitol Hill with call for Medicare tax hike President Biden fired the opening shots of the battle over spending and taxes that will consume Capitol Hill this year when he proposed on Tuesday a 5 percent Medicare surtax on people who earn more than $400,000 a year. The White House…
Deaths of US citizens puts pressure on Biden over handling of Mexican cartels The kidnapping in Mexico this week of four U.S. citizens that left two of them dead has renewed the focus on the politically charged issue of southern border security and prompted calls from some lawmakers for the Biden administration to more seriously…
McConnell says Fox News made ‘a mistake’ by underplaying violence of Jan. 6 Senate Republican Leader Mitch McConnell (Ky.) says Fox News made “a mistake” by depicting Jan. 6, 2021, as a largely peaceful if chaotic protest, a revision of history that the Capitol Police chief criticized as “offensive” and “misleading.” McConnell told reporters that…