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Bureaucrats discuss ditching ‘greatest good’ for equity in FEMA disaster-planning meeting

The Federal Emergency Management Agency is a Department of Homeland Security agency tasked with stabilizing and assisting communities after disasters. Hurricane Helen leaves the Biden-Harris administration stretched thin and some hard-hit communities forced to respond. alone. Critics consider political factors that may have weakened government agencies and their ability to adequately respond to this deadly […]

FEMA Doled Out Millions Pushing ‘Equity,’ Prioritizing ‘Underserved Communities’ Leading Up To Hurricane Season

In May 2023, the Federal Emergency Management Agency (FEMA) will increase “equity” in disaster response by increasing investments in communities with high concentrations of racial and sexual minorities, according to a document. A $12 million grant program has been launched to help. FEMA's 2023 Community Disaster Preparedness Grants Program is a multi-million dollar grant aimed […]

Biden admin’s FEMA ‘equity’ plan faces backlash amid historic hurricane damage: ‘What an embarrassment’

The Biden-Harris administration's disaster relief agency is facing backlash after an emergency management blueprint unearthed during the recent devastating hurricanes that hit the southern United States went viral. Federal Emergency Management Agency (FEMA) website List three sets of goals As part of a strategic plan to “address key challenges” in emergency management. The first goal […]

Private equity giant inks hush-hush lease at revamped NYC office building

Manhattan's office market continues to surprise with unexpected new leases and expansions, and now it's making the most unlikely move that no one expected. Bridgewater Associates, the world's largest hedge fund manager, has signed a deal to open its first Manhattan office. The Westport-based company secretly closed on a 60,000-square-foot lease at 295 Fifth Avenue […]

OpenAI’s Sam Altman calls report of 7% equity stake ‘ludicrous’

According to multiple reports, OpenAI CEO Sam Altman flatly denied accepting a large stake in the startup worth billions of dollars as part of a corporate restructuring. Mr. Altman, 39, said Thursday that a Bloomberg report said OpenAI's board was discussing giving him a 7% stake as part of the pioneering AI company's transformation into […]

CDC Launching ‘Agency-Wide Strategy’ On ‘Health Equity’ For LGBT, Minorities

The Centers for Disease Control and Prevention (CDC) announced Thursday that it is restructuring its Office of Health Equity (OHE) to focus more on serving racial minorities, foreign nationals and members of the LGBT community. Under the CDC's new organizational rules, OHE will “align programs, practices, policies, and budget decisions” to take into account health […]

Bankrupt hospital chain paid private equity giant $700M dividend

The nation's largest private, for-profit hospital chain reportedly paid out $790 million in dividends before filing for bankruptcy a few years later, most of which went to Manhattan-based private equity owners. Steward Healthcare System, a Boston-based network of 30 hospitals that operates in rural and low-income areas, paid Cerberus Capital Management in 2016, the same […]