The U.S. government is urgently taking steps to sever funding to the Palestinian militant organization Hamas in response to the terrorist attacks on October 7th, which resulted in the deaths of 1,400 Israelis and the capture of over 200 individuals from Israel. As part of this effort, the U.S. Treasury Department’s under secretary for terrorism
Politics
Sen. Bob Menendez of New Jersey finds himself entangled in yet another indictment, this time for conspiring to act as a foreign agent for the Egyptian government. Already facing criminal charges related to the alleged abuse of his office, this new development only adds fuel to the fire. With the arraignment scheduled for Monday, Menendez
The Republican Party finds itself once again at square one in the saga of electing a speaker of the House. With the withdrawal of the leading candidate, Rep. Jim Jordan, R-Ohio, the party was left scrambling to regroup and find a new nominee. This unexpected turn of events has culminated in an embarrassing situation not
U.S. President Joe Biden addressed the nation in a rare White House speech, announcing an “urgent” funding request to Congress for military aid to support Ukraine and Israel in their ongoing war efforts. With an estimated funding of around $105 billion, Biden emphasized that this allocation of funds would be a “smart investment” considering the
In a move to promote fair competition in the banking industry, the Consumer Financial Protection Bureau (CFPB) has proposed a new rule called the Personal Financial Data Rights rule. This rule aims to increase competition among banks by requiring the transfer of customer data upon request. By granting consumers the legal right to their financial
The Biden administration in the United States has announced that it will be implementing new rules to prevent American chipmakers from selling products to China that bypass government restrictions. These rules are part of an ongoing effort to block further exports of AI chips to China. The details of these new rules, reported for the
The race for speaker of the House of Representatives has taken an unexpected turn as House Republicans nominated Rep. Jim Jordan of Ohio as their new nominee, after Rep. Steve Scalise withdrew amidst opposition from hard-right members of the GOP. The internal party vote resulted in a victory for Jordan, however, there are challenges ahead
The situation in the Gaza Strip has reached a critical stage, with Palestinian health authorities warning of the dire consequences for the region’s health services. As the conflict between Israel and Hamas continues, the Gaza Strip’s single operational power plant has run out of fuel, exacerbating an already dire situation. With Israel imposing a complete
The Consumer Financial Protection Bureau (CFPB) has made significant strides in uncovering and combating illegal junk fees that harm consumers. In a recent announcement, the watchdog revealed that companies will refund a staggering $140 million to customers as a result of their efforts. This article delves into the details of the CFPB’s work, the types
Kevin McCarthy, the Republican Representative from California, has stated that he is open to once again becoming the speaker of the House, less than a week after being ousted from this role. This surprising turn of events comes after a handful of hardline Republicans in the House accomplished the unprecedented feat of voting out the