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Dem lawmakers’ one-house bills screw NY — but can Hochul stop them?

The bills from the Democratic-controlled Assembly and state Senate reject most of the vital changes Hochul (a fellow Dem!) seeks.

The SVB blame game, Pence swings at Trump and other commentary

“The partisan blame game for the collapse of Silicon Valley Bank and Signature Bank is in full swing,” notes National Review’s Jim Geraghty.

Biden’s SVB bailout: Letters to the Editor — March 16, 2023

The Issue: The Biden administration’s guarantee of all deposits in Silicon Valley Bank after its collapse. I am not an economist, but I can...

More on the Biden budget horror show: National defense gets shortchanged

So we already know that President Biden's budget is $6.9 trillion. The Republican National Committee, meanwhile, has delved into what's in this budget -- and what's to come. "Biden's budget puts U.S. national security at risk. The budget would shortchange America's military, with defense funding failing to keep pace with inflation," the analysis said.

Mandatory water restrictions lifted for 7 million in Southern California following winter storms

Successive atmospheric rivers that have slammed California with rain brought respite to around seven million people in Southern California, who had restrictions on their water usage lifted after the belts of rainfall helped alleviate drought conditions. The Metropolitan Water District of Southern California announced Wednesday that it was lifting emergency water restrictions on dozens of...

Tesla faces two class-action lawsuits for allegedly monopolizing repairs

Tesla was hit with two antitrust class action lawsuits this week, alleging that the company curbed competition for repairs and replacement of vehicle parts. The two suits filed this week in a federal court in San Francisco argue that the company designed its vehicles and warranty policies to discourage customers from seeking maintenance from outside...

Exiled Chinese billionaire with ties to Steve Bannon arrested for alleged fraud conspiracy

An exiled Chinese billionaire with ties to former President Trump’s onetime political strategist Steve Bannon was arrested on Wednesday in connection with an alleged scheme to solicit investments from hundreds of thousands of his online followers. The Department of Justice announced the unsealing of a 12-count federal indictment charging Ho Wan Kwok with wire fraud,...

Latest bank bailouts rile student loan borrowers

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Student loan borrowers cry foul after latest bank bailouts Recent moves by the Biden administration and financial regulators to bail out Silicon Valley Bank (SVB) and Signature Bank are hitting a sore spot with some student...

Proposed freight rail legislation could make us less safe and cost us more

The bill does four things, which each sound good on the surface, but would have a marginal effect on safety or huge costs to rails — or both. 

Questions abound over US drone downing

Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security   The Big Story Questions abound over downing of US drone Joint Chiefs of Staff Chairman Gen. Mark Milley on Wednesday said U.S. officials don’t yet know if it was an intentional hit when a Russian fighter jet a day...

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