June 23, 2025

Democrats

Loans

RI $14.3B budget, casino smoking and payday loan bans pass on final day

House Speaker Shekarchi describes priorities in new $14.3B RI budget House Speaker K. Joseph Shekarchi describes the priorities in new $14.3B state budget The Rhode Island General Assembly wrapped up its 2025 session on Friday, June 20. An assault weapons ban, payday lending restrictions, and the state’s $14.3 billion budget all were approved. Rhode Island

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Loans

RI lawmakers pass $14.3B budget, curbs on casino smoking, payday loans

House Speaker Shekarchi describes priorities in new $14.3B RI budget House Speaker K. Joseph Shekarchi describes the priorities in new $14.3B state budget The Rhode Island General Assembly wrapped up its 2025 session in the early morning hours of Saturday, June 21. An assault weapons ban, payday lending restrictions, and the state’s $14.3 billion budget

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Finance

Ex-Assembly candidate charged with illegally scamming state campaign matching system

A former Democratic candidate for New York state Assembly allegedly stole $160,000 in taxpayer cash by defrauding the state’s new campaign matching-funds program, federal prosecutors said Friday. Dao Yin, who lost his long-shot bid for the Assembly’s 40th District in Queens last year, was slapped with a wire fraud charge and arraigned in Brooklyn federal

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Funds

Primary care; RIPTA; ‘Taylor Swift tax’

House Speaker Shekarchi describes priorities in new $14.3B RI budget House Speaker K. Joseph Shekarchi describes the priorities in new $14.3B state budget Rhode Island House Democrats proposed a $14.3 billion budget that increases health care funding without raising income taxes on the wealthy. The budget includes a tax on second homes valued over $1

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Banking

Senate Banking would zero out CFPB funding in reconciliation

The Senate Banking Committee would shut off the Consumer Financial Protection Bureau’s funding stream from the Federal Reserve to provide the vast majority of deficit reduction in reconciliation provisions released Friday. The panel posted an eight-page text that would restrict the CFPB from requesting a transfer from the Fed, according to a section-by-section explanation of

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Funds

Trump Threatens Musk with ‘Very Serious Consequences’ if He Funds Democrats

The feud between Elon Musk and Donald Trump seems to have gone from a full boil to a simmer over the weekend, but don’t rule out the possibility of the heat getting turned up again. In a conversation with NBC News, Trump said he has no interest in making nice with Musk right now, but

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Finance

Senate Finance advances Oz nomination to lead CMS

The Senate Finance Committee Tuesday advanced President Donald Trump’s nominee to lead the Centers for Medicare and Medicaid Services by a vote of 14-13, splitting along party lines. Mehmet Oz,  known best for his time as a television personality and host of the daytime talk show “The Dr. Oz Show,” was a practicing heart surgeon

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