Department of Homeland Security Secretary Alejandro Mayorkas narrowly avoided impeachment Tuesday, as the vote to oust him failed by a vote of 216-214. It had been 215-215, but a Utah congressman switched his vote from “yes” to “no” in the last moments before voting closed. Rep. Blake Moore, who was recently elected as vice chair of the House Republican Conference, switched his vote to join three other Republicans who voted no on the impeachment articles — Reps. Mike Gallagher,… Source link
Read More »SBF gave a lot of money to politicians — one congressman explains why things won’t change
Millions of dollars in political contributions have come under scrutiny after disgraced FTX founder Sam Bankman-Fried (SBF) was charged with eight counts of wire fraud, securities fraud, and conspiracy — including conspiracy to violate campaign finance laws. And according to one congressman, there isn’t much that can be been done to prevent a Sam Bankman-Fried-like character from lining the pockets of members of Congress and special interest groups. “Sadly, the answer to that question is we… Source link
Read More »Former U.S. congressman Buyer charged with insider trading ahead of telecoms merger
By Luc Cohen NEW YORK (Reuters) -Former U.S. Congressman Stephen Buyer has been charged with insider trading over purchases of shares in telecommunications company Sprint before it merged with T-Mobile US Inc, prosecutors said on Monday. Buyer, a Republican who represented Indiana in Congress between 1993 and 2011, was working as a consultant to T-Mobile ahead of the 2018 merger, according to an indictment filed by federal prosecutors in Manhattan. “It’s always troubling whenever there’s… Source link
Read More »Silicon Valley Congressman Ro Khanna on crypto: ‘It’s a huge tool’
As regulators in the U.S. and abroad consider ramping up oversight of digital assets, Congressman Ro Khanna, who represents Silicon Valley, pointed out the benefits of cryptocurrency in a recent interview with Yahoo Finance (video above). “It’s a huge tool,” he said. “I mean, what is cryptocurrency? At its core, it’s a technology that allows decentralization, it takes away a need for a third-party. You have a ledger, basically an accounting book that’s public, so you don’t need… Source link
Read More »Silicon Valley’s Congressman wants to rein in Big Tech in 3 areas
Facebook parent Meta (FB) took a huge earnings hit last week in part because of privacy changes Apple (AAPL) made to its iOS platform, but lawmakers may be poised to force Big Tech to take additional steps to protect users’ privacy. In a new interview with Yahoo Finance Live, Congressman Ro Khanna (D-Calif), whose district is in the heart of Silicon Valley, outlined three areas that lawmakers should focus on when it comes to tech regulation: privacy, antitrust regulation, and free speech. On… Source link
Read More »The Congressman Who Doesn’t Use Google
“When I see something that I consider an injustice, I just don’t buy the product,” says Buck, sitting behind his desk in the Rayburn House Office Building. He wore a dark, lightly checked suit, his gray hair cropped close; he dipped into his oatmeal breakfast from the House carryout, a “Make America Great Again” hat on the shelf behind him. For the past nearly two years, Buck has been staging, or trying to stage, a one-person Capitol Hill boycott of a set of companies most of… Source link
Read More »Congressman scrutinized for pandemic profits – Yahoo News
The Telegraph Exclusive: Charity conducting ‘campaign of harassment’ against sites that raise money for hunts An anti-hunting charity has been accused of bullying in a “campaign of harassment” against auction sites used to raise money for hunts and hounds. The League Against Cruel Sports has been reported to the Charity Commission for “demanding with menaces” that a fundraising platform cut ties with legally registered hunts. The regulator was assessing the complaint, a spokesman… Source link
Read More »Congressman, scholars ask court to unseal documents in Google fraud suit
Photo by Robert Scoble | Flickr/CC BY 2.0 U.S. Rep. Andy Biggs and scholars from across the country have filed letters with the Maricopa County Superior Court asking for the court to unseal documents related to a lawsuit filed earlier this year by Arizona Attorney General Mark Brnovich claiming that Google defrauded Arizonans. In a heavily redacted court filing in May, Arizona Attorney General Mark Brnovich claimed that Google has violated Arizona’s Consumer… Source link
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