President Joe Biden and Vice President Kamala Harris marked the beginning of National Small Business Week on Monday by touting the administration’s work to help
Texas Gov. Greg Abbott has come under fire for his controversial description of the victims in the recent mass shooting in Cleveland, Texas. Abbott offered
Yellen has cautioned that the U.S. will not be able to fulfill its outstanding financial obligations beyond June 1 unless Congress approves new treasury borrowing authority. Crafting a bill that can secure the support of House Republicans and President Biden poses a significant challenge.
The Federal Deposit Insurance Corporation and California regulators simultaneously closed First Republic Bank and sold off all $93.5 billion of its deposits and most assets to JPMorgan.
The review places blame on the bank itself, Fed supervisors, and regulatory rollbacks for the failure. The Fed vice chair for supervision, Michael Barr, who led the review, stated that the failure demonstrates a weakness in regulation and supervision that must be addressed.
A bill currently advancing through the GOP-controlled legislature would permit DeSantis to conceal details about his travel and visitor logs at the governor’s mansion. Another proposed bill would allow state political committees, such as the one where DeSantis has accumulated $85 million, to report their fundraising activities less frequently.
The feud has been ongoing for the past year but has escalated in recent weeks as DeSantis moves towards a 2024 presidential bid. Disney’s legal action seeks an injunction that would block the board from exercising the power DeSantis and the Republican-led legislature sought to hand it.
The outcome of the vote will be a test of House Speaker Kevin McCarthy’s leadership, as he can afford to lose no more than four votes from his slim 222 to 213 majority for the bill to pass.
“MAGA extremists are lining up to take on those bedrock freedoms. Cutting social security that you paid for your entire life, while cutting taxes from the very wealthy, dictating what healthcare decisions women can make, banning books, and telling people who they can love. All why making it more difficult for you to be able to vote,” Biden said.
They are asking the president to declare a public health emergency on gun violence, believing an emergency response is necessary due to the inaction of their state legislature.
His team has been quietly preparing for a run, holding regular meetings with the president and first lady, and conducting extensive research on the political and media landscape they will face.
Payton Washington, an 18-year-old Texas cheerleader, is in stable condition in the ICU after being shot in a grocery store parking lot in Elgin, a town northeast of Austin in central Texas.
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