Biden Admin Threatens COVID Funds over Arizona’s School Mask Mandate Ban

Estimated Reading Time: 2 minutes Arizona has two months to let schools force mask mandates or risk losing its share of COVID-19 aid from the federal government. In a letter from the U.S. Treasury Department sent to Gov. Doug Ducey’s office Friday, the Treasury reiterated its position stated in October 2021, warning that the state […]

Archegos founder Bill Hwang convicted at criminal trial over $36B fund’s collapse

Archegos Capital Management founder Sung-Kook “Bill” Hwang was convicted by a jury in a criminal trial in Manhattan federal court on Wednesday after prosecutors accused him of manipulating markets ahead of the 2021 collapse of his $36 billion private investment firm. Jurors began deliberations Tuesday morning, a day after closing arguments in the trial of […]

Feds unlikely to claw back Washington’s $1.1 billion in mishandled funds: Auditors

(The Center Square) – Despite a recent audit finding Washington state agencies mishandling more than $1 billion in federal COVID-19 aid, the State Auditor’s Office says it’s not common for federal departments to demand those tax dollars back from the state. A recent report from the SAO found a record 86 issues with how 11 state agencies […]