The U.S. anti-money laundering framework is outdated and is causing unintended consequences, such as the debanking of lawful customers, and needs to be modernized to ensure that banks can provide relevant and actionable information to law enforcement while maintaining relationships with lawful customers.
Rep. Kevin Kiley (R-Calif.) said he plans to introduce legislation on Tuesday that would ban all middecade redistricting efforts nationwide and nullify any new maps approved before the 2030 census. In a statement Monday, Kiley took aim at his own governor, Democratic Gov. Gavin Newsom, who has said he is exploring several options for California...
Texas Democrats who are in New York on Monday after fleeing the Lone Star State to deprive the state House of a quorum fired back at Texas Gov. Greg Abbott (R), who has threatened to remove them from office if they don't show up to work. "We, the Democratic contingent, we are paying attention to...
The CIRCLE Act is a bipartisan bill that would create a 30 percent investment tax credit for businesses, nonprofits and individuals building or upgrading recycling infrastructure, which could create 200,000 jobs, return $8.8 billion in materials to the economy and save taxpayers nearly $10 billion in five years.
The number of people with COVID-19 in the U.S. is low but increasing, according to Centers for Disease Control and Prevention (CDC) data released Friday. COVID-19 is trending up in many mid-Atlantic, Southeast, Southern, and West Coast states. The agency said infections are “growing or likely growing” in 40 states, based on emergency department visit data...
American Eagle Outfitters Inc. stock soared Monday after President Trump voiced support for actor Sydney Sweeney’s controversial “great jeans” ad campaign. The stock was up more than 17 percent by midday Monday. At last week’s close, shared were down 36 percent this year, Bloomberg reported. “Sydney Sweeney, a registered Republican, has the ‘HOTTEST’ ad out...
A federal judge has dismissed a lawsuit brought by former Rep. Devin Nunes (R-Calif) against MSNBC personality Rachel Maddow nearly five years ago. U.S. District Judge Kevin Castel ruled last week that Nunes failed to prove Maddow and her team at the network acted with actual malice during a discussion about a package Nunes received...
Texas Democrats fled the state Sunday to deny the GOP a legislative quorum as part of an effort to prevent Republicans from redrawing the Lone Star State’s congressional maps. The move deprives the Texas state Legislature of the numbers it needs to function, stalling progress on the maps — but comes with big risks for...
Tech billionaire Elon Musk donated $5 million to the main super PAC affiliated with President Trump in late June despite an ongoing public feud, according to recent campaign finance filings. Musk gave the sum to MAGA Inc. on June 27 — the same day he also donated $5 million each to the Senate Leadership Fund...