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Hochul punts NY reparations commission in new budget, but adds $5M to cost

Gov. Kathy Hochul is seeking a one-year extension of the New York State Reparations Commission to add $5 million to the controversial commission that examines possible payments to Black people in New York. The budget Hochul unveiled Tuesday calls for action to address the inequalities still faced by descendants of slavery and perhaps other Black […]

Supreme Court punts on Texas, Florida social media laws

The Supreme Court on Monday set aside a major First Amendment challenge, striking down lower court rulings on two state laws aimed at barring social media companies from blocking users based on their political views. Justice Elena Kagan, writing for the majority, wrote that lower courts dealing with the issue had wrongly focused on the […]

Alito defends free speech as Supreme Court majority punts on Biden censorship case

Justice Samuel Alito on Wednesday wrote a dissent that stood up for defenders of free speech after the majority on the Supreme Court declined to weigh the merits of a major case accusing the Biden administration of attempting to censor users on social media. The lawsuit known as Murthy v. Missouri alleged the Biden administration violated the […]

SEC Punts on Ethereum ETF Proposals From Grayscale and Franklin Templeton – Decrypt

The U.S. Securities and Exchange Commission has delayed a decision on a Spot Ethereum exchange-traded fund (ETF) proposal from both Grayscale Investments and Wall Street giant Franklin Templeton. In two filings on Tuesday, regulators Said It will take more time to consider proposals from top fund managers. Both companies and many other fund managers hope […]

Biden admin punts major power plant crackdown until after 2024 election

The Biden administration is working to finalize most of its proposed environmental regulations targeting existing fossil fuel-fired power plants by after the next election. In an unexpected announcement Thursday evening, the Environmental Protection Agency (EPA) unveiled a “new” approach to regulating emissions from fossil fuel plants that generate more than 60% of the nation’s electricity. […]

Maine’s Top Court Declines To Weigh In On Trump Ballot Access, Punts To SCOTUS

The Maine Supreme Court has declined to consider whether former President Donald Trump should be disqualified from the state's vote, putting an expected Supreme Court ruling on hold. Democratic Secretary of State Shena Bellows declared Trump ineligible to participate in the Dec. 28 vote, citing Section 3 of the 14th Amendment, but the ruling suspended […]

SEC Punts Fidelty Spot Ethereum ETF Decision to March – Decrypt

The U.S. Securities and Exchange Commission (SEC) has extended the deadline for a decision on Fidelity's proposed Spot Ethereum ETF to March 5th. According to Thursday filingthe SEC specified a “longer period for taking action on proposed rule changes” in order to have “sufficient time to consider the proposed rule changes and the issues raised […]

Mayorkas punts on impeachment question, faults Congress amid border crisis

secretary of homeland security Alejandro Mayorkas He appeared to reject the legitimacy of any future impeachment proceedings against him by Republicans, but he accused Congress of failing to allocate substantial resources to his department. Mr. Mayorkas came under fire Thursday on “Special Report” as anchor Bret Baier presented a variety of statistics that collectively painted […]