Crypto.com aims for OCC federal charter, alongside Coinbase, Ripple, and others
Crypto.com Pursues National Trust Bank Charter On Friday, Crypto.com, a cryptocurrency exchange based in Singapore, announced its intention to apply for a national trust bank charter with the Office of the Comptroller of the Currency (OCC). This move aligns with similar efforts by other established crypto companies. The company aims to obtain a license that […]
Federal judge strikes down healthcare protections for transgender individuals established under Biden.
Judge Overturns Health Care Protections for Transgender Individuals A federal judge has recently dismantled a rule from the Biden administration that aimed to safeguard transgender health care through anti-discrimination laws. On Wednesday, Judge Luis Guirola Jr. of the U.S. District Court for the Southern District of Mississippi decided in favor of a coalition of 15 […]
Retired federal employees face long delays in receiving pension checks
This year, there’s been a notable spike in federal employee retirements, primarily influenced by policies from the Trump administration and the Department of Government Efficiency, which aims to reduce spending. The Office of Personnel Management is currently grappling with a backlog of severance claims, and the processing times are stretching significantly. For instance, in September, […]
Federal Employees Seek Help at Food Banks After Democratic Leader Labels Them ‘Leverage’
Food banks in the Washington, D.C. region, which are assisting federal employees impacted by the ongoing government shutdown, ran out of food supplies on Friday morning while many were still in line. This occurred just one day after House Minority Whip Katherine Clark (D-Mass.) expressed that families in need could be used as leverage against […]
Federal election monitors are being dispatched to California and New Jersey.
DOJ to Send Election Observers to California and New Jersey The U.S. Department of Justice (DOJ) announced on Friday its intention to deploy federal election observers in California and New Jersey for next month’s elections. This move is aimed at closely monitoring the electoral process in both states. In New Jersey, there’s an open gubernatorial […]
Federal Court Overturns Biden Administration Rule Mandating Hospitals to Offer Gender Transition Surgeries
Federal Court Ruling on Gender Identity Discrimination A federal court recently revised the interpretation of discrimination laws to encapsulate “gender identity,” effectively undermining a rule established during the Biden administration that mandated hospitals to perform gender reassignment procedures. On Wednesday, Judge Luis Guirola Jr. ruled in favor of a coalition of 15 states that challenged […]
Justice Department issues serious warning after California Democrats consider arresting federal agents
The Justice Department delivered a warning to California after certain Democratic leaders indicated they might arrest federal agents suspected of breaching state laws amid the ongoing immigration crackdown in the state. Former House Speaker Nancy Pelosi and Representative Kevin Marin remarked, “The president may enjoy absolute immunity thanks to a rogue Supreme Court, but those […]
Investigation launched by federal authorities into Tesla’s ‘Mad Max’ driver assistance feature
NHTSA Probes Tesla’s New ‘Mad Max’ Driver Assistance Mode The National Highway Traffic Safety Administration (NHTSA) announced on Friday that it has begun gathering information from Tesla regarding a new driver assistance feature dubbed “Mad Max,” which apparently allows for faster operation than existing modes. Drivers have taken to social media, sharing experiences that suggest […]
New York Attorney General Letitia James enters a ‘not guilty’ plea in federal mortgage fraud case
Letitia James Arraigned on Federal Charges New York Attorney General Letitia James appeared in federal court in Norfolk, Virginia, on Friday, where she pleaded not guilty to charges of bank fraud and making false statements to a financial institution. The allegations against James are linked to her 2020 purchase of a home in Norfolk. Prosecutors […]
Inflation in the US reaches 3% in September, setting the stage for potential rate cuts by the Federal Reserve next week.
U.S. Inflation Update for September In September, U.S. inflation edged up to 3%, which, while lower than anticipated, might set the stage for the Federal Reserve to lower interest rates in their upcoming meeting. The Bureau of Labor Statistics initially planned to release this data on October 15 but faced delays due to the federal […]