Ill. comptroller withholds funds from Dolton as Tiffany Henyard orders cops to obey disgraced department ally
The Illinois State Comptroller took the unusual step Thursday of withholding some funds from the troubled village of Dolton, his first such move to blame scandal-scarred Tiffany Henyard, the self-described “super mayor” who told officers to follow the orders of a disgraced department colleague who has been indicted and placed on administrative leave. State Auditor […]
Social Security turns 89 risks of the retirement fund’s depeletion grows under Democrats
Social Security just celebrated its 89th anniversary, but its solvency is being called into question ahead of the November presidential election. The Social Security Act was signed into law by President Franklin D. Roosevelt on August 14, 1935, as a means of establishing a federal benefit system for older Americans. Currently, Social Security’s retirement trust […]
Newsom Vows to ‘Redirect’ Funds from Communities Not Addressing Homelessness
California Governor Gavin Newsom (Democrat) has vowed to “redirect funding” away from areas of the state that aren’t working to remove homeless camps. At a news conference Thursday, Newsom said spoke He added that “more than 1,400 encampments have been removed” in California since the beginning of the year, but that “thousands more” still exist […]
Bank Of America, Wells Fargo And JPMorgan Investigated On Zelle Customer Funds, Scams
The Bank of America logo is displayed in the Manhattan borough of New York City, New York, United States, on January 30, 2019. (REUTERS/Carlo Allegri/File Photo) By Brooke Mallory, OAN StaffThursday, August 8, 2024 6:22 PM be The Wall Street Journal The Consumer Financial Protection Bureau is investigating how major US banks have managed customer […]
Watchdog claims victory over Pentagon animal testing as lawmakers demand accounting of taxpayer funds
After several lawmakers criticized the Pentagon for authorizing painful experiments on dogs, animal testing watchdogs said the agency was just the latest to be exposed. Now, one by one, agencies are being forced to halt their tests. A month after Fox News broke the story, Rep. Young Kim, Republican of California, and Rep. Donald Davis, […]
Intel cuts whopping 15K jobs, posts $1.6B loss just months after getting Biden funds
Chipmaker Intel is cutting 15% of its vast workforce, or about 15,000 jobs, as it tries to restructure its business to compete with more successful rivals such as Nvidia and AMD. Intel CEO Pat Gelsinger said in a memo to employees on Thursday that the company plans to cut costs by $10 billion in 2025. […]
Former leader of San Francisco nonprofit arrested for alleged misuse of taxpayer funds on parties, trips
Following a months-long investigation, the former executive director of a now-disbanded San Francisco nonprofit was arrested Tuesday on dozens of felony charges for allegedly misusing more than $700,000 in public funds, the San Francisco District Attorney’s Office announced. Kayla Worthy, of Richmond, California, was charged with embezzlement of public funds, grand theft by embezzlement, filing […]
Trump Files Complaint over Transfer of Biden Campaign Funds to Harris
The Trump campaign has filed a complaint about millions of dollars in President Joe Biden’s campaign funds being sent to Vice President Kamala Harris’ presidential campaign. Former President Donald Trump’s campaign filed a complaint with the Federal Election Commission (FEC) alleging that $96 million had been stored in Biden campaign accounts. Transferred According to Bloomberg […]
Congress Headed For Showdown Over Ukraine, Israel Funds As Massie And Greene Say ‘NO’ To All
Estimated Reading Time: < 1 minute House Republican opposition to Ukraine funding – a large part of why Kevin McCarthy was ousted by the Freedom Caucus – is solidifying under newly crowned Speaker Mike Johnson, who hand-delivered a report to President Biden with a list of demands. In particular, the list – written by Rep. Mike […]
Ether ETFs appear set to launch on Tuesday, six months after massive debut for bitcoin funds – CNBC
The regulator did not immediately respond to CNBC’s request for comment on Monday. The agency approved rule changes in May to allow exchanges to list ethereum funds. Among the firms that have been racing to launch Ethereum funds are large asset managers such as BlackRock, Fidelity and VanEck, along with crypto-focused firms such as Bitwise, […]