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4 mentions found


☆ The Senate has a new plan to ban congressional stock trading. Here's what's in it.
  + stars: | 2024-07-24 | by ( Bryan Metzger | ) www.businessinsider.com   time to read: +5 min
Read previewOn Wednesday, a key Senate panel approved a bill that would ban lawmakers from trading stocks. The Senate Homeland Security and Government Affairs Committee approved the legislation — known as the Ending Trading and Holdings in Congressional Stocks (ETHICS) Act — by an 8-4 vote. AdvertisementPolling has shown for years that the idea of banning lawmakers from trading stocks in broadly popular among members of both parties. This is the most significant progress on a stock trading ban in yearsThe last time either chamber got close to passing a stock trading ban was in September 2022, when House Democrats proposed a sweeping bill that included a major loophole and had little time to be vetted by members. Many saw the effort as a sham designed to appease those who had been pushing for a stock trading ban.
Persons: —, Republican Sens, Rand Paul of Kentucky, Ron Johnson of, Mitt Romney, James Lankford, Democratic Sen, Jeff Merkley, they've, There's, Merkley, Jon Ossoff, Josh Hawley, Missouri —, Gary Peters of, Wednesday's, Chuck Schumer Organizations: Service, Senate Homeland Security, Government, Committee, Holdings, Congressional, Republican, Business, Democratic, Treasury, House Democrats, Gary Peters of Michigan Locations: Ron Johnson of Wisconsin, Utah, Oklahoma, Oregon, Georgia, Missouri
☆ AI is replacing human tasks faster than you think
  + stars: | 2024-06-20 | by ( Matt Egan | ) edition.cnn.com   time to read: +6 min
That’s in addition to creative tasks for which some businesses are already relying on ChatGPT and other AI chatbots to assist, including crafting job posts, writing press releases and building marketing campaigns. The findings show companies are increasingly turning to AI to cut costs, boost profits and make their workers more productive. Nearly 60% of all companies (and 84% of large companies) surveyed said that over the past year they have already leaned on software, equipment or technology including AI to automate tasks employees previously did. Bosses are turning to AI for a variety of reasons, including to trim what they are spending on human workers. Human jobs will be replaced — but will be replaced by other humans using AI,” he said.
Persons: ” Duke, John Graham, Duke, ”, Graham, “, Reid Hoffman, ” Hoffman, Janet Yellen, Democratic Sen, Gary Peters, ” Graham Organizations: New, New York CNN — Corporate, Duke University, Federal Reserve Bank of Atlanta, ”, CNN, Survey, Atlanta Fed, LinkedIn, Democratic, Homeland Security, Government Affairs Committee Locations: New York, That’s, ChatGPT
☆ House Republicans hold hearing on impeaching Homeland Security Secretary Mayorkas
  + stars: | 2024-01-30 | by ( Lori Rampani | Kyle Stewart | Julia Ainsley | ) www.cnbc.com   time to read: +8 min
US Homeland Security Secretary Alejandro Mayorkas testifies during a Senate Homeland Security and Government Affairs Committee hearing on Capitol Hill in Washington, DC, on October 31, 2023. WASHINGTON — Members of the House Homeland Security Committee are meeting Tuesday to discuss the Republican-led impeachment articles against Homeland Security Secretary Alejandro Mayorkas. House Republicans accuse Mayorkas and the Biden administration of disregarding federal laws on immigration and seek to make Mayorkas the second Cabinet official impeached in U.S. history. According to the first impeachment article set forth by House Republicans, Mayorkas "has willfully and systemically refused to comply with Federal immigration laws." The second impeachment article accuses him of breaching the "public trust" and "knowingly" obstructing "lawful oversight of the Department of Homeland Security."
Persons: Alejandro Mayorkas, Mayorkas, Biden, systemically, Mark Green, Donald Trump, Green, Mayorkas's, Bennie Thompson, Thompson, —, Michael McCaul, Marjorie Taylor Greene, … We're, MAGA, Dan Goldman, Goldman, Joe Biden, President Trump, Glenn Ivey, impeaching, I've, Don Bacon, Nick LaLota, He's, … He's, LaLota, — Rebecca Kaplan Organizations: Homeland, Senate Homeland Security, Government, Capitol, WASHINGTON —, House Homeland Security, Republican, Republicans, House Republicans, Department of Homeland Security, Homeland Security, Rep, Congress, United, Constitution, Mayorkas, DHS, Democrats Locations: Washington ,, U.S, Texas, D, New York, Cuba
☆ Democratic senators won't say whether the party should support Kyrsten Sinema's re-election in 2024
  + stars: | 2022-12-12 | by ( Bryan Metzger | ) www.businessinsider.com   time to read: +6 min
"It doesn't change my life one bit," said Democratic Sen. Sheldon Whitehouse of Rhode Island. "I don't think anybody's announcing anything," Democratic Sen. Mark Kelly of Arizona told reporters, saying he didn't want to get into "hypotheticals." Democratic Sen. Gary Peters of Michigan, the head of the DSCC for 2022, also declined to say whether the party should back Sinema. But she too declined to say whether the party should back Sinema in 2024, waving as the elevator closed. Asked by reporters on Monday what he made of Sinema's announcement, Democratic Sen. Chris Coons of Delaware dramatically shrugged as he boarded an elevator.
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