May 9, 2024
Loans

Sen. Tom Cotton introduces bill to block anti-Israel protesters from getting Biden student loan bailouts 

Politics By Victor Nava Published May 3, 2024, 11:11 p.m. ET Sen. Tom Cotton (R-Ark.) introduced legislation on Friday that would prevent anti-Israel protesters from receiving student loan forgiveness if they are convicted of a crime stemming from campus demonstrations. The Arkansas Republican’s No Bailouts for Campus Criminals Act, which is co-sponsored by 18 other

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Finance

The House votes for possible TikTok ban in the US, but don’t expect the app to go away anytime soon

WASHINGTON (AP) — The House passed legislation Saturday that would ban TikTok in the United States if the popular social media platform’s China-based owner doesn’t sell its stake within a year, but don’t expect the app to go away anytime soon. The decision by House Republicans to include TikTok as part of a larger foreign

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Crypto

Schumer Carries Water for Crypto

Senate Majority Leader Chuck Schumer (D-NY) surprised and pleased longtime critics of his frequent role as Wall Street’s man in Washington by stepping up to his new job and becoming an effective floor leader for President Biden’s expansive progressive programs. However, when it comes to insider deals for the financial industry, Schumer can still be

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Finance

US Treasury official calls on Congress for ‘necessary tools’ to fight crypto-linked illicit finance

U.S. Treasury Deputy Secretary Adewale O. Adeyemo has urged Congress to take action to provide the government with “necessary tools” to combat illicit finance tied to cryptocurrencies. Adeyemo said that terrorist groups have been trying to take advantage of cryptocurrencies over the past few years, according to his written testimony for the Senate Banking, Housing

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Loans

Biden announces his Plan B for student loan forgiveness: Millions of borrowers could qualify

At a campaign stop Monday in Madison, Biden detailed the new regulations. An estimated 25 million borrowers could see their debt reduced, with around 10 million receiving relief of at least $5,000. “Today, too many Americans, especially young people, are saddled with unsustainable debts in exchange for a college degree,” Biden said during the speech.

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Crypto

The Staying Power of Crypto’s Political Machine

The final word in Sam Bankman-Fried’s criminal fraud case came down last week, with the disgraced crypto king receiving a 25-year prison sentence and an $11 billion forfeiture. It was not only an end to the most high-profile corporate fraud trial of the past several years. It was also a final judgment on one of

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Funds

Additional funds for Livingston Street sidewalks | News

TEWKSBURY — As part of the Federal Com­munity Project Funding appropriation that helps members of Congress fund projects in their districts, Tewksbury was awarded $850,000 to support sidewalk and safety improvements for Living­ston Street. Livingston Street is a ma­­jor artery that connects East Street to Main Street and the upgrades will bridge a significant gap

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Funds

Biden signs $1.2 trillion funding bill to avoid government shutdown

US News By Jon Levine Published March 23, 2024, 1:57 p.m. ET President Biden has signed a $1.2 trillion funding package to keep the government open. “The bipartisan funding bill I just signed keeps the government open, invests in the American people, and strengthens our economy and national security. This agreement represents a compromise, which

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Crypto

ED chargesheets 299 entities, 10 Chinese-origin individuals in cryptocurrency mining app case

The Enforcement Directorate has filed a chargesheet under anti-money laundering laws against 299 entities, including 10 individuals of Chinese origin. This action follows an investigation into allegations of defrauding investors through schemes involving mining cryptocurrencies like Bitcoins, stated the ED. The ED stated that a special court in Dimapur, Nagaland, has acknowledged the prosecution complaint filed

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Funds

Air Force leaders sound alarm over looming yearlong funding delay

DENVER, Colo. — A full-year continuing resolution for fiscal 2024 would have “absolutely devastating” effects on the Air Force and Space Force’s ability to make progress on key programs, the Air Force’s head of acquisition said Tuesday. “We have this wonderful vision, lots of great programs that we have teed up,” Andrew Hunter told reporters

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