As lawmakers offer dueling infrastructure proposals in an effort to get a bipartisan bill across the finish line, New Mexico Senator Martin Heinrich (D) is looking to a different option: pushing forward with the president’s climate priorities, through budget reconciliation. In an interview with Yahoo Finance Live, Heinrich said the infrastructure package and climate initiatives will likely “move in parallel” given the lack of Republican support for a broader $2 trillion proposal, focused… Source link
Read More »How Senator Amy Klobuchar’s Antitrust Battle Against Apple’s and Google’s App Stores Could Impact Startups
Spotify, Tile, and Match Group aren’t exactly startups anymore. Neither is Epic Games, the maker of Fortnite, which last summer was valued at $17.3 billion. But these companies, which all rely on Apple and Google to host their apps, are locked in a battle with the tech giants that could trickle down to smaller companies and independent app developers. Several of these companies testified before a subpanel of the Senate Judiciary Committee on Wednesday, chaired by Senator Amy Klobuchar (D-MN),… Source link
Read More »Senator Warren: U.S. bankruptcy system is 'fundamentally wrong' on student debt – Yahoo Finance
The New York Times ‘No Victory Dance’: Veterans of Afghan War Feel Torn Over Pullout Was it worth it? After two decades of midnight watches and gut-twisting patrols down bomb-riddled roads, after all the deaths and bloodshed and lost years, that was the one inescapable question on Wednesday among many of the 800,000 Americans who have served in Afghanistan since 2001. “There’s no easy answer, no victory dance, no ‘we were right and they were wrong,’” said Jason Dempsey, 49, who… Source link
Read More »Senator Elizabeth Warren breaks down America’s ‘broken student loan system’
Senator Elizabeth Warren (D-MA) grilled two student loan servicers and hosted experts at a student loan hearing on Tuesday before sitting down with Yahoo Finance to describe her argument for President Biden to unilaterally cancel $50,000 in federally-backed student loans for tens of millions of Americans. “Overall, in this hearing, it was perfectly clear [that] we have a broken student loan system,” Warren, chairwoman of the Subcommittee on Economic Policy at the Senate Committee on Banking,… Source link
Read More »Yahoo Finance Presents: Senator Elizabeth Warren
The Daily Beast ‘It’s Attack After Attack’: Trans Youth Speak Out on Health and Sports Bills Aimed at Them Marcos del Mazo/GettyWillow Breshears says she has been contacted by several young transgender people in Arkansas over the last few days. “One of them said he was going to kill himself if the bill passed,” Breshears, an 18-year-old community organizer for the Center for Artistic Revolution and a founder of the Young Transwomen’s Project, told The Daily Beast of the… Source link
Read More »Impeachment vote becomes defining moment for GOP senator
WASHINGTON (AP) — When Sen. Richard Burr stood and said “guilty” there were hushed gasps in the Senate chamber. But the North Carolina Republican’s vote to convict former President Donald Trump should not have come as a shock. In a way, he had been telegraphing his willingness to hold Trump accountable for several years. Months before Trump would begin falsely claiming that the November election had been stolen from him, the Senate Intelligence Committee led by Burr warned that sitting… Source link
Read More »Why this bitcoin-owning senator wants Elon Musk to move to Wyoming – Yahoo Finance
Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link
Read More »NBC’s Chuck Todd confronts GOP senator over effort to overturn election results
NBC moderator Chuck Todd grilled Sen. Ron Johnson, R-Wis., on Sunday about the GOP lawmaker’s support for the latest far-fetched bid to overturn President-elect Joe Biden’s victory. Johnson is one of 11 senators and senators-elect who have said they will challenge the results on Wednesday when Congress meets to certify Biden’s win. The states have already chosen electors representing a solid majority for the Democratic ticket; the process of counting the Electoral College votes in Congress is… Source link
Read More »Senator asks streaming giants to offer free content to help stop coronavirus spread, entertain during holidays
TipRanks J.P. Morgan: 2 Stocks to Buy (And 1 to Avoid) Marko Kolanovic, the well-known quant strategist with JPMorgan, sees a positive feedback loop forming that will drive the markets higher next year. Kolanovic believes that a decline in volatility and favorable monetary policies will combine to make stocks the go-to investment for 2021, fueling further market gains. Officially, JPM is forecasting a 25% gain in the S&P 500 over the next 12 months.With investors gravitating toward stocks,… Source link
Read More »Senator Seeks Answers From Google CEO Over IAC Feud
Sen. Ron Wyden (D., Ore.) asked for answers to nine questions in his letter to Google. Photo: Michael Brochstein/Zuma Press … Source link
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