BASIC Bank continues to face challenges from past issues during the Bacchu period.

BASIC Bank continues to face challenges from past issues during the Bacchu period.

BASIC Bank’s Ongoing Struggles Following Financial Irregularities Once a respected state-owned bank, BASIC Bank continues to grapple with significant financial challenges stemming from the period when Sheikh Abdul Hye Bacchu served as chairman. Under his leadership, the institution faced allegations of irregularities amounting to around Tk 4,500 crore. Founded in 1989, BASIC Bank maintained profitability […]

DOJ Issues Subpoena to Gallego PAC in Investigation of Campaign Funds

DOJ Issues Subpoena to Gallego PAC in Investigation of Campaign Funds

Justice Department Subpoenas Sen. Ruben Gallego’s PAC The Justice Department has issued a subpoena to Senator Ruben Gallego’s (D-AZ) leadership PAC as part of an inquiry into how the Arizona Democrat allocated campaign funds, according to documents obtained. The grand jury subpoena was sent on August 21 to Gallego’s Juntos PAC. This request, which hadn’t […]

ICE issues detainers for four undocumented immigrants in Indiana sex operation

ICE issues detainers for four undocumented immigrants in Indiana sex operation

During a police sting operation in Indiana, four out of eleven individuals arrested for alleged sex offenses are reported to be undocumented immigrants from different countries, according to the Department of Homeland Security. The suspects believed they were in contact with underage girls online and drove to meet them, expecting sexual encounters. Instead, they were […]

Senate Departures Leave Important Issues Unresolved Before Midterms

Senate Departures Leave Important Issues Unresolved Before Midterms

On Wednesday, the Senate departed Washington, D.C., without tackling several important concerns ahead of the midterm elections. They won’t reconvene until after the elections, and many critical topics remain unresolved, including high prices, the farm bill, artificial intelligence (AI), and mass surveillance—all pressing issues for voters. Recently, Senate Democrats blocked The Ratepayer Protection Act, which […]

Federal Reserve gives GSA authority over renovation due to budget issues

Federal Reserve gives GSA authority over renovation due to budget issues

Federal Reserve’s Renovation Project Gets New Management Amid Cost Concerns In light of a recent inspector general report highlighting significant cost overruns in the Federal Reserve’s renovation project, a change in management has been announced. Fed Chair Kevin Warsh has decided to assign the General Services Administration (GSA) the task of overseeing the project’s completion. […]

To escape addressing Canada’s issues, simply point fingers at Trump.

To escape addressing Canada's issues, simply point fingers at Trump.

President Donald Trump has struck a nerve with Canada’s political circles yet again—this time by criticizing the nation’s immigration policies. “Canada is destroying itself by allowing millions and millions of people into the Country, essentially unchecked and unvetted, and who are causing problems that will soon be too big to handle,” Trump shared on Truth […]

Pete Davidson confronts NYC mayor Zohran Mamdani about highway issues

Pete Davidson confronts NYC mayor Zohran Mamdani about highway issues

Pete Davidson recently shared a candid message with New York City Mayor Zohran Mamdani during an appearance on “Jimmy Kimmel Live!” on Monday night. The comedian, 32, was informed by Kimmel, the show’s host, that the 34-year-old mayor would be joining them shortly. As a lifelong resident of NYC, Davidson was asked if he had […]