A bipartisan group of lawmakers has called on the Securities and Exchange Commission (SEC) to require Chinese fast-fashion company Shein to disclose any potential forced labor practices before its possible initial public offering (IPO) in the U.S. The company has faced allegations of mistreatment of Uyghurs, a marginalized group in China, and falsifying reports of
Politics
Philippine President Ferdinand Marcos Jr. met with US President Joe Biden on Monday to enhance the alliance between Manila and Washington. Before leaving for his four-day official visit to the US, Marcos expressed his determination to forge a stronger relationship with the United States to address the concerns of their times, including issues related to
Ukrainian President Volodymyr Zelenskyy has responded to a missile attack on the southern Ukrainian city of Mykolaiv by stating that Russia “won’t get away with this crime”. The attack, which occurred overnight, resulted in one fatality and 23 injuries, including a child. The strike caused significant damage to a house, apartment building and historical building.
The House of Representatives has passed a Republican bill that aims to raise the debt limit and reduce government funding. The bill passed with a final tally of 217-215, with four Republicans joining Democrats in voting against the legislation. The bill’s passage is a victory for House Speaker Kevin McCarthy, who worked tirelessly to amend
A new study by watchdog group Public Citizen has revealed that the U.S. Chamber of Commerce, which claims to represent the interests of millions of businesses of all sizes, has been largely fueled by donors who have given at least $1 million to the lobbying giant. Public Citizen’s review of the Chamber of Commerce’s most
The White House is preparing to host a state dinner to mark South Korea’s 70 years of relations with the United States. The First Lady, Jill Biden, and her team have previewed the menu and decor of the event. Biden has been quoted as saying that setting a table can be an “act of love”
The House Rules Committee is set to review and mark up a House Republican bill aimed at raising the debt limit while significantly cutting federal spending. The committee will vote on whether to send the plan to the House floor. Republicans have stated that they will only vote to raise the debt ceiling if President
During a Security Council meeting chaired by Russian Foreign Minister Sergey Lavrov, the United States and Western allies criticized Russia for the ongoing war in Ukraine. Lavrov defended his country’s “special military operation” in Ukraine, reiterating claims that Kyiv is the real aggressor. However, Linda Thomas-Greenfield, the U.S. ambassador to the U.N., accused Russia of
Republicans on the House Financial Services Committee have released a new draft of legislation aimed at regulating stablecoin issuers. The move is part of an effort to restart negotiations with Democrats that stalled last fall on an issue that all sides agree is ripe for regulation. The new draft bill is half the length of