Jamie Dimon, the CEO of JPMorgan Chase & Co., proposed a plan to end the turmoil in the banking industry, one that would involve government intervention. Still, the banker expressed concerns that policymakers will take away the wrong lessons from the current upheaval. “I think it’s going to get worse for banks—more regulations, more rules,…
JPMorgan CEO Proposes Solution to Ongoing Banking Crisis
Jamie Dimon, the CEO of JPMorgan Chase & Co., proposed a plan to end the turmoil in the banking industry, one that would involve government intervention. Still, the banker expressed concerns that policymakers will take away the wrong lessons from the current upheaval. “I think it’s going to get worse for banks—more regulations, more rules,…
Regulators Will Need to Intervene in Banking Crisis, JPMorgan CEO Says
JPMorgan Chase CEO Jamie Dimon has proposed a plan to end the turmoil in the banking industry, one that would involve government intervention. Still, the banker expressed concerns that policymakers will take away the wrong lessons from the current upheaval. “I think it’s going to get worse for banks—more regulations, more rules, and more requirements,’’…
Rep. George Santos Pleads Not Guilty to 13-Count Indictment, Says He Won’t Resign
May 10, 2023
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Rep. George Santos (R-N.Y.) pleaded not guilty on May 10 to charges that he defrauded donors, stole from his campaign, and lied to Congress about being a millionaire, all while collecting unemployment benefits for which he did not qualify. Five hours after turning himself into authorities on Long Island to face charges of wire fraud,…
DHS ‘Surging Personnel’ to Border Ahead of Title 42 Ending: Mayorkas
May 10, 2023
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Secretary of Homeland Security Alejandro Mayorkas said Wednesday the administration was surging personnel at the border in anticipation of the expected influx of illegal immigrants at the expiration of Title 42. The Department of Homeland Security (DHS) is in the process of “surging personnel to the border, including more than 1,400 DHS personnel, 1,000 processing…
Democrats Push to Lower Age of Consent to 12 for Medical, Mental Treatment
Minors as young as 12 can in various parts of the United States now be treated for sexually transmitted diseases (STDs), undergo mental health counseling, get a vaccine, and even have an abortion without their parents knowing. Many states lowered the age of medical consent during the pandemic, just before the emergence of the child…
Rep. George Santos Arrested on Fraud, Money Laundering, Theft Charges
Rep. George Santos (R-N.Y.) was arrested on federal criminal charges on May 10, in relation to an alleged scheme involving fraud, money laundering, and theft of public funds. The 13-count indictment, unsealed on Wednesday, charges Santos, 34, with defrauding prospective political supporters by laundering funds to pay for his personal expenses and illegally receiving unemployment…
Pro-Life Group Meets with Trump to Discuss Federal Abortion Restrictions
May 10, 2023
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Former President Donald Trump met with a representative from the Susan B. Anthony Pro-Life America following a previous disagreement with the nonprofit group. Marjorie Dannenfelser, president of Susan B. Anthony Pro-Life America, said in a Monday press release that she and Sen. Lindsey Graham (R-S.C.) and others had a “terrific meeting” with Donald Trump. “During…
Republicans, Democrats React to Verdict Against Trump in E. Jean Carroll Lawsuit
Republicans and Democrats reacted to the May 9 news that a jury found former President Donald Trump liable for sexually assaulting advice columnist E. Jean Carroll in 1996, resulting in an award of $5 million in a judgment that could plague the former president as he campaigns for reelection. Trump, who did not attend the trial,…
Debt Default Could Occur in Early June, Think Tank Warns, as Biden, McCarthy Standoff Continues
May 9, 2023
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The Bipartisan Policy Center (BPC) reported that the U.S. government would likely default on its payment obligations sometime between early June and early August if changes aren’t made. The group’s May 2023 debt-limit analysis report, which was released on May 9, cited pressure from a decline in tax revenue as the support for their conclusion…
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