New Social Security clawback policy starts this week: What to know
(Nexstar) – A major change in the way the Social Security Agency (SSA) handles profit overpayments is expected to kick Thursday. Starting March 27, the Social Security Administration will begin withholding 100% of a person's monthly profit and collecting unpaid overpayments. The current clawback rate set by President Biden is 10%. The Chief Actuary office […]
NYC lawsuit against Trump admin targets $80M FEMA clawback
New York City filed a lawsuit against the Trump administration on Friday, seeking to reclaim more than $80 million previously sent to the city via the Federal Emergency Management Agency to house immigrants. The lawsuit alleges that the fund had been previously approved and subsequently paid by FEMA, and it would only be removed from […]
Adams sues Trump admin over clawback of $80M migrant shelter funds from NYC
New York City filed a lawsuit against the Trump administration on Friday, recovering $80 million in Congress-approved immigration funds that were quietly seized from city funding last week. The city's legal department has blown up President Trump for “in illegal money hands” which snatched federal emergency management agency payments without prior notice. According to the […]
Fidelity clawback of free ETF trading costs to hit investors – Financial Times
Stay informed with free updates Just sign up for Exchange traded investment trust myFT Digest — delivered straight to your inbox. Latest ETF news Please visit ETF hub To learn more and explore detailed data and comparison tools Fidelity plans to start charging investors a $100 exchange-traded fund purchase fee per trade if sponsors don’t […]