House Speaker Kevin McCarthy said that he would like to refer the issue of accusations against Rep. George Santos (R-N.Y.) to the House Ethics Committee to consider. “I don’t want to wait around for the courts to act,” McCarthy told reporters on May 16. “What I would like to do is have the house take…
IRS Audits Will Impact Small, Midsize Businesses, Expert Testifies
The Biden administration’s assurances that there will be no expanded tax audits on businesses and households making less than $400,000 per year applies to “total positive” income without losses, according to testimony before the Senate Finance Committee. Chris Edwards of the CATO Institute testified before the committee on May 16 on the issue of the…
Russia Renounces Cold War-Era Treaty Limiting Force Deployments in Europe
May 16, 2023
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The State Duma, the lower house of Russia’s parliament, has adopted a bill paving the way for Moscow’s withdrawal from the Treaty on Conventional Armed Forces in Europe (CFE). Signed in 1990, the CFE treaty sought to limit deployment of conventional military forces in Europe by both the Western NATO alliance and the Soviet-Era Warsaw…
Senators Rip Former Silicon Valley Bank CEO for Executive Payouts Prior to Bank’s Collapse
May 16, 2023
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During a Senate Banking Committee hearing on Tuesday, senators denounced the actions of Silicon Valley Bank (SVB) CEO Greg Becker, who has been accused of distributing bonuses and selling stock in the bank shortly before its collapse. “In 2022, in particular, you [Becker] paid yourself a $1.5 million cash bonus even as the value of…
Former Silicon Valley Bank CEO Apologizes for Bank’s Collapse in Senate Testimony
Former chief executive of Silicon Valley Bank (SVB) Greg Becker issued a public apology before a Senate committee on Tuesday. Becker expressed deep remorse for the devastating impact suffered by SVB’s employees, clients, and shareholders during the recent financial turmoil that led to the bank’s collapse. “I never envisioned myself or SVB being in this…
Different Cultures, Different Backgrounds—But One Message: We All Need to Be True, Good, and Endure
May 16, 2023
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Tens of millions of people with diverse spiritual and cultural backgrounds have embraced the guiding virtues of “to be true, good, and endure.” These people—who are from almost every professional and educational field—believe that this moral philosophy is the foundation of humanity, and if applied in practical life, it can make our world a better…
Medieval-Themed ‘Promposal’ With Teenage Prince and Knights on Horseback Goes Viral
An Ohio teen has gone viral for galloping up to his girlfriend’s house with his three best friends for an epic, medieval-themed “promposal.” Gavin Gillig showed up at his girlfriend, Gianna Masterlasco’s, house near Findlay, Ohio on April 25 with three willing comrades: fellow seniors Ethan Bauer, RJ Coldren, and Damon Gasser. The Liberty-Benton High Schoolers…
Homeowner Finds Rock That Crashed Through Roof Revealed as Ancient Meteorite From Asteroid Belt
The ancient space traveler landed in her house, of all places! While it’s not unusual to see meteors shooting through the night sky, particularly around this time of year, to have one land in one’s house—as it did for one New Jersey homeowner in May—is astronomically rare. Reports of “flight streaks” and loud sounds in…
Biden Nominates Cancer Specialist Dr. Monica Bertagnolli for NIH Director
President Joe Biden announced on May 15 that he would nominate cancer specialist Dr. Monica Bertagnolli to be the director of the National Institutes of Health (NIH). The nominee would be replacing former NIH director Dr. Francis Collins, who held the post for 12 years before stepping down in December 2021, and acting director Dr….
FEMA’s Emergency Food and Shelter Program Faces Intense Congressional Investigation
May 15, 2023
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House Republicans have opened a probe into the Federal Emergency Management Agency’s (FEMA) Emergency Food and Shelter Program (EFSP) due to allegations that funds are being illegally used to facilitate illegal immigration. The investigation is being spearheaded by House Committee on Oversight and Accountability Chairman James Comer (R-Ky.), Subcommittee on National Security, the Border, and…
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