March 14, 2025

policy

Crypto

SEC charges crypto firm NovaTech with fraud

The U.S. Securities and Exchange Commission (SEC) is suing a crypto startup, NovaTech, for allegedly fraudulently raising more than $650 million from over 200,000 investors, many in the Haitian-American community. The SEC frames NovaTech, founded in 2019 by husband-and-wife duo Cynthia and Eddy Petion, as a multi-level marketing (MLM) scheme — one that lured investors

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Loans

FDACS Launches Natural Disaster Recovery Loan Program

LOANS Florida farmers impacted by Hurricane Debby can apply PUBLISHED ON August 11, 2024 Today, Florida Commissioner of Agriculture Wilton Simpson announced that Florida farmers, ranchers, and growers impacted by Hurricane Debby can now apply for low-interest and interest-free loans through the Agriculture and Aquaculture Producers Natural Disaster Recovery Loan Program. Loans can be used by

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Loans

Natural Disaster Recovery Loan Program to Open

LOAN PROGRAM For Farmers Impacted by Hurricane Debby PUBLISHED ON August 6, 2024 Today, Florida Commissioner of Agriculture Wilton Simpson announced that Florida farmers, ranchers, and growers impacted by Hurricane Debby will be able to apply for low-interest and interest-free loans beginning next week through the Agriculture and Aquaculture Producers Natural Disaster Recovery Loan Program. Loans can be

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Finance

Klobuchar staying put, not interested in Menendez’s Finance slot

Sen. Amy Klobuchar, one of the most senior Democrats eligible to replace Sen. Bob Menendez, D-N.J., on the Finance Committee is not interested in pursuing the seat, according to a source familiar with her thinking. Menendez on Tuesday informed Gov. Phil Murphy, D-N.J., and his Senate colleagues that he would resign from the chamber next month

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Funds

Biden counters RNC with rent caps, land sales, bridge funds

While most of the attention has been on former President Donald Trump and the GOP as the Republican National Convention takes place in Milwaukee, President Joe Biden and other Democrats have touted policy wins like building bridges and efforts to address housing costs. The Biden administration on Thursday announced $5 billion for major bridge construction

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Funds

Opioid settlement tracking system still to come, but only for funds distributed by First Foundation | West Virginia

A tracking system for opioid settlement dollars allocated by the West Virginia First Foundation is on its way, though it’s still unclear when it will launch, according to State Auditor J.B. McCuskey. To date, no money has been distributed by the First Foundation, which was created last year as a private nonprofit to oversee the

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Finance

Senate Finance Democrats look to raise revenue for 2025 tax cliff

Senate Finance Chair Ron Wyden said committee Democrats left a meeting on next year’s tax battle aligned on the need for wealthy individuals and multinational corporations to pay more in taxes. Wyden, D-Ore., said he would work with other Democrats on the panel to come up with a “menu” of possible revenue raisers, as preparations

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