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Democrats urge Biden administration to block Capital One, Discover merger

Several Democratic lawmakers on Sunday urged the Biden administration to block the planned merger of Capital One and Discover Financial Services, saying it would consolidate the credit card market and limit consumer choice. Sen. Elizabeth Warren (D-Mass.) and 12 House Democrats said the $35.3 billion merger would elevate Capital One from its status as the […]

Biden administration waiving some ‘Buy America’ requirements in broadband buildout

The waiver allows some of the funds from the Broadband Equity, Access, and Deployment Program (President Biden’s push to expand high-speed internet access across the country) to be spent on equipment manufactured overseas. The decision came after discovering that some materials were not produced in the state in “adequate and reasonably available quantities” to meet […]

Biden administration to cancel another $1.2 billion of student loans

President Joe Biden’s administration announced Wednesday it would cancel $1.2 billion worth of student loans for about 153,000 people eligible for the program to fulfill a promise to expand loan forgiveness. Biden pledged last year to find another path to debt relief after the Supreme Court blocked a sweeping plan to forgive $430 billion in […]

Which presidential administration would be better for business?

Kenny Porcari, chief market strategist at Slate Stone Wealth, and “Big Money Show” co-host Taylor Riggs discuss whether rising inflation is impacting consumer spending on “making money.” discuss. Wall Street’s collective intelligence is often much smarter than any single analyst, pundit, or pollster, and that collective intelligence appears to depend on The Donald. Trump wins […]

Biden administration considering delaying switch to electric vehicles: report

The Biden administration is preparing regulatory changes to slow the nation’s transition to electric vehicles. The New York Times first reported The announcement was made on Saturday, citing three people familiar with the plan. The paper reported that the Environmental Protection Agency’s rule changes will ease regulations on vehicle tailpipe emissions and allow automakers to […]

GOP launches probe into Biden administration funding of UN Palestinian relief agency

House Republicans are launching an investigation into the Biden administration’s funding for the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) following allegations related to the October 7 attack on Israel. “House Oversight and Accountability Committee Chairman James Comer (R-Ky.) and Republicans on the Oversight Committee are launching an […]

DeSantis Administration Condemns Pornographic Books Aimed at Children

The DeSantis administration on Thursday introduced several books for school children that feature sexually explicit material at a press conference, saying Florida parents “have the right to send their children to school knowing that they will receive an education.” Yes, but not indoctrinated.” Florida Governor Ron DeSantis (R) used a slideshow to explain how activists […]

Biden administration expands effort to help underserved communities get access to sewage infrastructure funds

The Biden administration is expanding efforts to help underserved communities access wastewater infrastructure. The administration announced Tuesday that it would expand the pilot to 150 additional communities, up from 11 when it started, and help them access federal wastewater funds. According to the Environmental Protection Agency (EPA), approximately 2 million people in the United States […]

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