Senate Parliamentarian Rejects Major Bill to Eliminate Funding for Consumer Financial Protection Bureau
On Thursday, the senator ruled that the Senate cannot allocate none of the funds to the Consumer Financial Protection Bureau (CFPB) within a major legislation proposal. Senator Elizabeth MacDonough stated that the Senate’s version of this significant bill, which aims to provide no funding to the CFPB, violates Senate rules concerning budgetary adjustments. The CFPB […]
Judge prevents Trump administration from cutting transportation funding
Federal Judge Blocks Trump Administration’s Funding Cuts to States A federal judge in Rhode Island issued a preliminary injunction on Thursday, preventing the Trump administration from withholding federal transportation funds from states that don’t cooperate with immigration enforcement. In response, a coalition of 20 Democratic-led states is preparing to sue President Trump over new policies […]
Hochul highlights state funding for legal aid for migrants following Brad Lander’s arrest by ICE
Governor Hochul Highlights Immigration Legal Services Funding On Tuesday, Governor Kathy Hochul took some time to discuss the state’s budget allocation for immigration legal services, which has already been established for this year. This comes in the wake of the arrest of city director and mayor’s hopeful Brad Lander by ICE. “(Immigrants) aren’t paying attention. […]
Intel plans to cut about 10,000 jobs, even after receiving $2.2 billion in CHIPS Act funding.
Chip giant Intel is reportedly gearing up to reduce its global workforce by about 20% next month. This reduction, which translates to around 10,000 jobs, has been confirmed by multiple Intel employees speaking to a news outlet. Intel’s manufacturing vice president, Naga Chandrasekaran, mentioned in a memo sent to staff that “these are difficult actions, […]
Senate Proposal of ‘Large, Impressive Bill’ Would Cut Funding for Abortion Organizations
Senate Finance Committee Proposes New Budget Bill The US Senate Finance Committee has put forward a version of the budget settlement bill that includes elements from previous bills, particularly regarding Medicaid financing with federal taxpayer dollars. This comes on the heels of significant advocacy from various groups urging Republicans and President Trump to eliminate taxpayer […]
Senators urge increased security funding as Minnesota shootings unsettle Capitol Hill
A senator recently urged Capitol police to boost security funding for lawmakers following a tragic shooting involving Minnesota Senators. The recent murder of Melissa Hortman, a former Democratic chair in Minnesota and her husband, has left many lawmakers feeling uneasy, especially given the escalating political tensions and threats to officials. This incident led Capitol Police […]
Republican lawmaker supports additional funding for Israel amid increasing tensions with Iran
Emergency Aid to Israel Under Discussion Amid Iran Conflict Key Republicans are advocating for Congress to consider emergency aid for Israel as tensions with Iran escalate. Representative Mario Diaz-Balart, a Republican from Florida, expressed strong support for additional funding should the conflict intensify. He remarked that there is substantial bipartisan backing, especially among Republicans, for […]
Major cities may lose federal transportation funding due to their stance on ICE.
Transport Secretary’s Warning to Sanctuary Cities Transport Secretary Sean Duffy issued a cautionary statement to “rogue national actors” that haven’t cooperated with federal immigration enforcement, suggesting they may have to address the consequences of their actions themselves. As riots and fires persist in Los Angeles, paired with protests in various cities nationwide, Duffy emphasized that […]
Ubyx, a startup for stablecoin clearing, secures $10M in funding supported by Galaxy, Coinbase, and others.
Ubyx Secures $10 Million for Global Stablecoin Clearing System A startup named Ubyx, started by ex-Sit Group executive Tony McLaughlin, has successfully raised $10 million to develop a worldwide clearing system for stablecoins, which aims to enhance the usage within the sector. This funding round was led by Galaxy Ventures and includes investment from Coinbase […]
Uncooperative State Actors Lose Funding If They Do Not Work with Immigration Enforcement
Warning from Transport Secretary Transport Secretary Sean Duffy expressed concern on Monday that “rogue state actors” will lose Department of Transport (DOT) funding if they do not comply with federal immigration enforcement. “@USDOT will not fund fraudulent national actors who refuse to cooperate with federal immigration enforcement,” Duffy stated, particularly addressing cities that allow mobs […]