JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
Federal regulators on Friday accused JPMorgan Chase & Co., Wells Fargo & Co., and Bank of America of violating consumer finance laws and costing hundreds of thousands of people their money from rampant fraud on the popular payment network Zelle. A lawsuit was filed for failing to protect the victims. in federal civil law complaintthe […]
FACT CHECK: No, Connecticut Congressman Didn’t Say Alleged Drones Over New Jersey Are ‘Federal Operations’
video Shared by X Connecticut Democratic Congressman Jim Himes claims he said a drone allegedly seen over New Jersey was a “federal operation.” 🚨Breaking news: New Jersey drone is a “federal operation” After attending a classified briefing at the Secure Compartment Information Facility (SCIF), Jim Hymes said: “Whether it's in New Jersey, Connecticut, or wherever, […]
Massive data breach at federal credit union exposes 240K members
SRP Federal Credit Union, a South Carolina-based financial institution, experienced a massive data breach affecting more than 240,000 people. Credit unions handle hundreds of thousands of Americans' confidential information, which is now in the hands of cybercriminals. In a notice, SRP revealed that the data breach was part of a two-month attack by hackers, and […]
Luigi Mangione makes first appearance in Manhattan federal court
Luigi Mangione, the man accused of fatally shooting UnitedHealthcare CEO, made his first appearance Thursday in Manhattan federal court after facing federal murder charges in the death of Brian Thompson. He entered the courtroom in street clothes, tan khakis and a black quarter-zip sweater over a white shirt. Although he was not handcuffed, the sound […]
The Federal Reserve just announced a third rate cut; fewer are expected in 2025
Interest rates were reduced by a quarter of a percentage point. (iStock ) of the fed just cut interest rates One more time this year. The Fed decided to cut interest rates by a quarter of a percentage point at its recent meeting, bringing interest rates down to 4.25% to 4.5%. The move had been […]
Federal prosecutors bring 4 charges against Luigi Mangione
Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson, faces four new federal charges, newly released court documents reveal. . Mangione already faced state charges in New York and Pennsylvania, but the new federal charges of murder with a firearm could lead to authorities seeking the death penalty. He also faces federal firearms […]
Massive data breach at federal credit union exposes 240,000 members
SRP Federal Credit Union, a South Carolina-based financial institution, experienced a massive data breach affecting more than 240,000 people. Credit unions handle hundreds of thousands of Americans' confidential information, which is now in the hands of cybercriminals. In a notice, SRP revealed that the data breach was part of a two-month attack by hackers, and […]
DOGE Caucus leader Joni Ernst eyes relocation out of DC for third of federal workers
Fox's first appearance: Sen. Joni Ernst (R-Iowa), leader of the Senate Office of Government Efficiency (DOGE) caucus, wants to combat the concentration of federal workers in the Washington, D.C., area with a new bill that would mostly relocate them. There is. One third of the workers. Mr. Ernst introduced a bill entitled the “Decentralizing and […]
Federal funding bill scrapped after Trump-boosted revolt, Rep. Scalise confirms
The pressure campaign won. A bloated Congressional funding bill that faced a massive Republican revolt backed by President-elect Donald Trump has died, House Minority Leader Steve Scalise acknowledged Wednesday night. Scalise told reporters that a spending package that was supposed to fund the government through mid-March has become dysfunctional, leaving Congress busy crafting a new […]
‘An Early Test’: Trump Administration’s Spending Bulldogs Sound Alarm Over GOP’s Federal Funding Bill
Vivek Ramaswamy and Elon Musk, the nominees of President-elect Donald Trump to create the new Department of Government Efficiency (DOGE), sounded the alarm on Wednesday about the Republican-led House of Representatives' federal funding bill. Announced by Speaker of the House Mike Johnson. Full text On Tuesday, a 1,547-page continuing resolution (CR) was filed that provides […]