U.S. Senate Committee on Banking, Housing, and Urban Affairs holds a hearing on Holding Executives Accountable After Recent Bank Failures at 10:00 a.m. ET on May 4. Ms. Da Lin, Assistant Professor of Law, University of Richmond School of Law; Mr. Thomas Quaadman, Executive Vice President, Center for Capital Market Competitiveness, U.S. Chamber of Commerce;…
Senate Banking Committee’s Hearing to ‘Holding Executives Accountable’ on ‘Recent Bank Failures’
May 4, 2023
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White House Warns of Millions of Job Losses, ‘Severe Damage’ to Economy If US Defaults on Debt
May 4, 2023
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A continued breach of the U.S. debt ceiling could result in “significant disruptions” to financial markets and “severe damage” to the economy, including more than 8 million job losses, the White House has warned. In a report published on May 3, the White House Council of Economic Advisers stressed that a historic U.S. default on its…
Biden’s Executive Assistant Didn’t Identify Classified Docs While Packing Office: House Democrats
May 4, 2023
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A May 3 Democratic memo alleges that House Oversight Chair James Comer (R-Ky.) distorted comments from an interview with Joe Biden’s executive assistant, Kathy Chung, from his time as vice president, claiming that Comer “promoted false, xenophobic, and racist conspiracy theories” about Chung from her testimony to the committee last month. In addition, portions of…
Senate Votes to Undo Freeze on Chinese Solar Tariffs, Setting Up Showdown with Biden
May 3, 2023
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The Senate narrowly advanced a joint resolution reversing the Biden administration’s emergency shield against tariffs for some Chinese-made solar panels. Now the ball’s in President Joe Biden’s court. The White House has said he will veto the joint resolution, warning the measure would “create deep uncertainty for jobs and investments in the solar supply chain…
FBI Director Hit With Subpoena After Whistleblower Reveals ‘Criminal Scheme’ Involving Joe Biden
The GOP-led House Oversight Committee on Wednesday subpoenaed the FBI for a file that alleged a whistleblower linked President Joe Biden to a “criminal scheme” that involved money for policy decisions when he was the vice president. “We have received legally protected and highly credible unclassified whistleblower disclosures,” Oversight Committee Chairman James Comer (R-Ky.) and…
FBI Director Subpoenaed After Whistleblower Reveals ‘Criminal Scheme’ Involving Joe Biden
The Republican-led House Oversight Committee on May 3 subpoenaed the FBI for a file alleging that a whistleblower linked President Joe Biden to a “criminal scheme” that involved money for policy decisions while he was the vice president. “We have received legally protected and highly credible unclassified whistleblower disclosures,” Oversight Committee Chairman James Comer (R-Ky.)…
LIVE NOW: White House Holds Daily Briefing (May 3)
May 3, 2023
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White House press secretary Karine Jean-Pierre holds a daily briefing at 1:00 p.m. ET on May 3. …
White House Holds Daily Briefing (May 3)
May 3, 2023
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White House press secretary Karine Jean-Pierre holds a daily briefing at 1:00 p.m. ET on May 3. …
Title 42 Set to Expire as Thousands of Migrants Approach Southern Border
May 3, 2023
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Title 42, is a Trump-era public health order that gives the government power to automatically expel illegal immigrants, and is set to expire on 11 May, according to the U.S. Department of Homeland Security. It will be possibly replaced by an order called Title 8, which offers more severe punishments for crossing into the United…
IRS Spent $10 Million on Weapons Since COVID-19 Pandemic Began: Watchdog
The Internal Revenue Service (IRS) has been splashing out millions stocking up on guns, ammunition, and combat gear since 2020, according to the findings of Open The Books, a watchdog group that tracks government spending. A report by the watchdog, published on April 27, found that the agency has spent a total of $10 million on weaponry and…
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