For the second day in a row, Senate Democrats on Wednesday boycotted a committee vote on President Trump’s pick to lead the Environmental Protection Agency (EPA), preventing the GOP from moving his confirmation forward.
The reason for the simmering cold war between tech CEOs and Trump can be summarized in just three letters: H1-B. According to Bloomberg, Trump's administration has drafted an executive order aimed at overhauling the work-visa program which will truly unleash tech CEO fury.
"The best approach is to allow a passive runoff of maturing assets, without attempting to vary the pace of rundown for policy purposes. Even with such a cautious approach, the effects of initiating a reduction in the Fed’s balance sheet are uncertain. Accordingly, it would be prudent not to initiate that process until the short-term interest rate is safely away from the effective lower bound."
After coming out of a 2016 Presidential election cycle in which one candidate was the subject of multiple federal investigations related to illegal pay-to-play activities as well as the illegal destruction of federal records subject to a Congressional subpoena, perhaps it shouldn't be so shocking that the United States ranks 18th on Transparency International's 2016 "Corruption Perceptions Index."
The impartiality that should preside over any stance in the administration of justice has been completely forsaken by the judges in these particular rulings, in connivance with misguided headlines and a rampant anti-capitalistic mentality within society. Let us just hope it is not too late for liberty to strike back.
In a burst of transparency, one day after it made available some 13 million pages of archives documents online for the first time, on Wednesday the Central Intelligence Agency unveiled revised rules for collecting, analyzing and storing information on American citizens, publishing them in full for the first time.
December was a fitting end to a difficult year for hedge funds: the single largest month of outfles in 2016, December also marked the sixth month of outflows in the last seven, and resulted in Q4 not only being the fifth consecutive quarter of redemptions, but also the largest quarterly outflow from the industry since Q1 2009.
As Americans weather unprecedented division and vitriol amid the impending presidency of Donald Trump, there’s one thing many can still agree on: the Department of Motor Vehicles (DMV) is a deplorable place that yields unending frustration, wasted time, and excessive fines.
Obamacare was a failed experiment. Sharply increasing costs make it unaffordable for millions, leaving them woefully underinsured or for many without coverage because it’s too expensive to buy. Obamacare was designed for profit-making, not putting patient needs first. Replacing it with universal coverage is vitally needed - excluding middlemen insurers increasing costs while providing no care. That’s not what Trump and congressional Republicans have in mind.
Following news that the Department of Justice Inspector General will probe the behavior of The FBI and DoJ during the presidential campaign, FBI Director Comey - the person likely at the center of the investigation - has issued a short statement in response...
"This is another firm that, while I wouldn’t say they were fine a week ago, they didn’t look like they were headed to collapse, and a week later they’re dead. It was messier than optimal. Is it systemic or not? Fingers crossed, we hope not."
Beppe Grillo, the leader of Italy’s eurosceptic Five Star Movement was humiliated when he was blocked from joining the European Parliament’s pro-EU liberal group, just one day after Grillo burned bridges with Nigel Farrage's UKIP, demonstrating what Farage would later call a wish to join the "Euro-fanatic establishment." As a result of today's fiasco, Grillo's political fate is suddenly in question.