Maxine Waters backs FDIC chair after sexual harassment report
The top Democrat on the House Financial Services Committee said an independent investigation into sexual harassment and fraud at the Federal Deposit Insurance Corporation (FDIC) has disproportionately focused on the agency’s current Democratic leadership, and his Republican predecessor. He strongly criticized the third-party investigation, arguing that it was not enough for the government. In a […]
FDIC chair faces calls to resign after sexual harassment reports at regulator
Federal Deposit Insurance Corporation Chairman Martin Gruenberg said in the wake of a scathing 234-page report released Tuesday that reveals widespread sexual harassment and other misconduct plaguing federal banking regulators. Calls for his resignation are pouring in. The damning report, released in November by the law firm Cleary Gottlieb Steen & Hamilton and inspired by […]
China could ‘overwhelm’ US military bases as Biden shows ‘alarming lack of urgency’: House committee chair
Exclusive: The new chairman of the House China Committee says there is an “alarming lack of urgency” from the Biden administration to take defensive measures to protect U.S. military bases in the Indo-Pacific region from potential attacks from China. Ta. House China Committee Chairman John Moolener (R-Mich.), who took over last month following the resignation […]
Biden Agencies Have Resumed Censorship Collaboration With Big Tech, Dem Senate Intel Chair Says
Nextgov/FCW reports that agencies in President Joe Biden’s administration have resumed cooperation with social media companies in what appears to be censorship of disinformation, Senate Intelligence Committee Chairman Mark Warner said in a recent security report. He told reporters at the conference. The administration stopped working with social media platforms to censor “misinformation” after the […]
FDIC chair apologizes to staff after probe finds toxic workplace culture
FDIC Chairman Martin Gruenberg said Tuesday that a law firm’s investigation confirmed a report alleging widespread sexual misconduct, lewd behavior and retaliatory administrative actions at the federal banking regulator. He then apologized to the staff. “I would like to once again express my deepest regrets to those who have experienced sexual harassment or other misconduct […]
GOP committee chair demands answers from DC officials on controversial noncitizen voting law
First appearance on Fox: Top House Republicans talk about new law allowing non-citizens to vote in local elections and the possibility of encouraging non-citizens to vote, even though non-citizens are still prohibited from voting in federal elections. We’re demanding answers from DC officials. House Administration Committee Chairman Brian Still sent a letter to the D.C. […]
RNC chair calls for party unity as Greene’s motion to vacate looms
Republican National Committee Chairman Michael Whatley calls for party unity as Rep. Marjorie Taylor Greene (R-Ga.) continues to threaten to force a vote to remove House Speaker Mike Johnson (R-Louisiana). called out. “We need to flip the Senate, we need to expand our majority in the House, and we’re not going to do that if […]
Former RNC Chair: Trump ‘afraid of losing,’ most important thing to him ‘is his ego’
Former Republican National Committee (RNC) Chairman Michael Steele has harshly criticized former President Trump for his inability to admit that he lost the last presidential election, saying he fears he will lose the next presidential election in November. He said he was there. “Donald Trump is afraid of losing because it gets to the heart […]
Stocks surge as Fed Chair signals further rate hikes ‘unlikely’
Investors breathed a sigh of relief Wednesday after the Federal Reserve indicated the central bank’s next action likely won’t be to raise interest rates. The Fed held interest rates on hold Wednesday, raising a red flag over recent disappointing inflation data and extending its wait-and-see stance, which could last until later this year. However, Federal […]
Federal Reserve Chair Jerome Powell says rate cuts ‘will take longer than previously expected’ after interest rate meeting
Federal Reserve Chairman Jerome Powell acknowledged Wednesday that the central bank is delaying plans to cut interest rates because inflation has plateaued well above the central bank’s target. The Federal Open Market Committee (FOMC), the central bank committee tasked with setting monetary policy, voted on Wednesday to keep the federal funds rate in the range […]