May 8, 2025

politics

Investors

Trump to hold meeting on possible investors to buy TikTok with possible ban at stake

LOS ANGELES — President Donald Trump will hold a Wednesday meeting with aides about possible investors who could buy a stake in TikTok, a deal that could potentially stop the social media site from being banned in the United States. The details of the meeting were confirmed by a person familiar with the situation who

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Finance

Evan Low fined $106,000 for campaign finance violations including “intent to conceal” payment to Alec Baldwin – East Bay Times

California’s political watchdog organization is slapping former Assemblymember Evan Low with a $106,000 fine for 23 counts of violating state campaign finance laws — allegations that include using his tech nonprofit to pay actor Alec Baldwin more than $227,000 to appear at an event for the group and a fundraiser for Low, which investigators said

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Finance

Evan Low fined $106,000 for campaign finance violations including “intent to conceal” payment to Alec Baldwin – The Mercury News

California’s political watchdog organization is slapping former Assemblymember Evan Low with a $106,000 fine for 23 counts of violating state campaign finance laws — allegations that include using his tech nonprofit to pay actor Alec Baldwin more than $227,000 to appear at an event for the group and a fundraiser for Low, which investigators said

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Loans

Trump signs executive order to dismantle the Department of Education

Michaela Galligan  |  Staff Writer On Thursday, March 20, President Donald Trump signed an executive order to dismantle the U.S. Department of Education, following through on his long-standing opposition to the agency. Trump has targeted the department since his campaign citing concerns over bureaucracy and liberal influence. Before the order, his administration had already downsized

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Funds

DWP explains state pension letter about ‘directly taking funds’ from bank accounts

State pension payments are increasing 4.1% next month The DWP can recover funds directly from a person’s bank account(Image: Getty) The DWP has clarified what powers it has to take funds from claimants’ bank accounts after a person received a letter warning it may try to recover overpayments. A relative of someone who had died

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Banking

Questrade inches closer to winning Canadian banking licence

Questrade Financial Group Inc. moved a step closer to obtaining a banking licence in Canada, entering the final phase of a rigorous process to earn approval from the federal banking regulator. The Office of the Superintendent of Financial Institutions, or OSFI, published a notice on Friday that said the government had issued letters patent –

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Funds

Immigration groups sue Trump administration over cuts to legal funds for unaccompanied minors – The Mercury News

Several nonprofit groups across the country are suing the U.S. Department of Health and Human Services in a bid to restore funding tied to providing legal representation for roughly 26,000 unaccompanied children in the United States, days after the Trump administration moved to cancel such contracts. The federal lawsuit announced Wednesday, March 26, was filed

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Loans

Charts reveal how Trump gutted federal student loan office

More than 600 positions have been eliminated from the Federal Student Aid office, internal documents show. Now, in many places, “no one is identifying schools that are failing financially.” WASHINGTON – President Donald Trump has made it a top priority to dismantle and reorganize the federal Education Department. Simultaneously, he has promised time and again

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Funds

Chevron funds to potentially pay off millions in Richmond pension debt – The Mercury News

In what officials say would be a financially responsible move, the city may use a portion of a $550 million payout from Chevron to settle some of its unfunded pension liabilities. An annual $50 million payment from the Chevron Richmond Refinery will flow into Richmond’s general fund for the next 10 years as part of

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Funds

McKee insists on staff raises as state loses $31M in federal grants

See legislators rally for ‘just cause’ evictions bill at the statehouse Legislators and tenants describe why just cause eviction protections are needed in Rhode Island. Rhode Island Gov. Dan McKee is facing criticism for his plan to give raises to members of his Cabinet. Critics, including House Speaker Shekarchi and Senate Republicans, argue that the

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