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Tag: department

Justice Department probes banks for alleged collusion in Archegos liquidation

The Justice Department is reportedly investigating several major banks for allegedly conspiring during the liquidation of Archegos Capital Management, the ill-fated $36 billion investment firm led by Bill Hwang, who was convicted of fraud. Federal investigators in San Francisco are looking into whether Credit Suisse, Nomura Holdings Inc. and UBS Group Inc. conspired to control […]

State Department Office Funded Groups Engaged in Domestic Censorship

A new congressional report accuses the State Department of exceeding its authority to combat foreign disinformation by funding groups that target and censor small businesses in the United States. of Washington Examiner A recent report by the Republican-led House Small Business Committee raises serious concerns about the activities of the State Department's Global Engagement Center […]

State Department Worked With Fact-Checkers, Academics To Censor Conservative Media, Report Says

A report from the House Small Business Committee found that the State Department worked with fact-checkers and academics to target conservative news organizations. This report: investigation The investigation, which lasted more than 14 months, found that an “interagency organization” within the State Department Global Engagement Center (GEC) — The committee circumvented its international mandate by […]

State Department denies lack of planning for withdrawal laid out in GOP-led Afghanistan report

In a new statement, the State Department backed a hasty withdrawal from Afghanistan in 2021 after Republicans on the House Foreign Affairs Committee released a scathing 350-page report detailing dysfunction and lack of planning leading up to the withdrawal. A statement from a State Department spokesman said Republicans have “issued partisan statements, cherry-picked facts, suppressed […]

State Department Refutes Kathy Hochul’s Statement On Chinese Consul’s Removal

The State Department on Wednesday denied comments made by New York Democratic Gov. Kathy Hawkle about the Chinese consul general in the state, CNN reported. Hochul said the same day that China's consul general in New York, Huang Ping, had been dismissed from his post following the indictment of former aide Linda Sun. According to […]