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Live Live Updates: Harris to Visit Southern Border Amid Republican Criticism Vice President Kamala Harris will travel to El Paso on Friday with Homeland Security Secretary Alejandro N. Mayorkas. President Biden is set to deliver remarks on gun violence as homicides rise in some cities, raising concerns about efforts to overhaul policing. The visit will come just days before former President Donald J. Trump is set to visit the border with a group of House Republicans and Gov. While she said no one likes the conservatorship, she does not expect any push by the Biden administration to end it anytime soon. Mr. Biden dispatched aides to Capitol Hill on Tuesday for discussions that his press secretary, Jen Psaki, said yielded progress.
Persons: Harris, Kamala Harris, Alejandro N, Mayorkas, Biden, Carlos Barria, Donald J, Trump, Greg Abbott of Texas, “ I’ve, ” Ms, Lester Holt, ” Jen Psaki, Harris’s, , Psaki, , Ms, Biden’s, Zolan Kanno, Youngs, Joe Raedle, Jen Psaki, Ofer, Mr, George Floyd, John Katko, Mark Calabria, Astrid Riecken, Fannie Mae, Freddie Mac, Freddie, Fannie, Laurie Goodman, Goodman, Michael Bright, Bright, Jim Tankersley, Brandi Levy, Danna Singer, Stephen G, Breyer, , , Clarence Thomas, Justin Driver, Levy, Jeanne Shaheen, Erin Schaff, scrounging, Biden —, Chuck Schumer, Nancy Pelosi, Brian Deese, Steve Ricchetti, Louisa Terrell, Shalanda Young, Susan E, Rice, Kevin McCarthy, Lina Khan, Saul Loeb, David Cicilline, Jim Jordan of, Mark Meadows, Tim Cook, Lloyd J, Austin III, Stefani Reynolds, Austin, ” Mr, Jackie Speier, Kirsten Gillibrand, Pelosi, Speier, Gillibrand, Austin’s, John Curtis of, Ting Shen, John Curtis, Curtis, Republicans can’t, George David Banks, Tom Perez, Gabriela Bhaskar, Barack Obama’s, Perez, Obama, Larry Hogan, Peter Franchot, Rushern Baker, Prince George’s, Donal —, Donald Trump, Joe Manchin III, Manchin’s, Roy Blunt, Missouri, Stacey Abrams, Mitch McConnell Organizations: Visit, Border, Republican, Homeland, Reuters, House Republicans, Gov, NBC, White House, Department of Health, Human Services, Centers for Disease Control, Miami . Credit, Getty, Alcohol, Tobacco, Firearms, Explosives, Treasury Department, Justice Department, American Civil Liberties Union’s, Republicans, House Homeland Security, Fox News, Democratic Party, Federal Housing Finance Agency, Capitol Hill, Urban Institute, Treasury, Consumer Financial, Structured Finance Association, Mr, Credit, Yale, Public Education, United States, Appeals, Third Circuit, Supreme, Democrat, White, The New York Times, House, Senate Democrats, Democrats, Capitol, California, National Economic, Legislative Affairs, Management, Domestic Policy, Big Tech, Federal Trade Commission, Wednesday, Google, Apple, Facebook, Committee, Fox, Tech, Big Government, California Democrats, Video Defense, Pentagon, The New York Times Defense, Armed Services Committee, , Senate Armed Services Committee, John Curtis of Utah’s, Washington D.C, Grand America, Republican Party, Trump, Center, Conservative Climate Caucus, Democratic, Convention, The New York, Democratic National Committee, Montgomery County Council, Washington Nationals, Baltimore Orioles, Republic, Citizens United Locations: El Paso, Mexico City, U.S, Mexico, Central America, Guatemala, Europe, Miami ., New York, Chicago, Los Angeles , Washington, San Francisco, Minneapolis, Calabria, conservatorship, Pennsylvania, Philadelphia, California, New Hampshire, Washington, Rhode Island, Jim Jordan of Ohio, Rayburn, Utah, Salt Lake City, In Utah, Miami, Republican, Maryland, Dominican Republic, United States, Prince George’s County, Montgomery, G.O.P, Western Minnesota, America, West Virginia, Kentucky
People gather in front of one of the tour buses during a stop on the Freedom Ride For Voting Rights at Ebenezer Baptist Church in Atlanta, Georgia, U.S. June 21, 2021. REUTERS/Dustin ChambersJune 22 (Reuters) - U.S. President Joe Biden needs to do more to secure voting rights for Black Americans, said activists traveling through the South to commmemorate the historic 'Freedom Riders'. Dozens of civil rights activists are traveling on five customized buses from Jackson, Mississippi to Washington D.C. this week, to mark the 60th anniversary of the historic protest against segregated bus terminals in the south, and push for voting rights legislation. Biden has appointed Vice President Kamala Harris to lead the Democrats' effort against a slew of restrictive state voting rights bills, including sweeping changes in battleground states like Georgia. Congress will vote on a Democratic-backed voting rights bill Tuesday, that faces long odds in the U.S. Senate.
Persons: Dustin Chambers, Joe Biden, LaTosha Brown, Biden, Kamala Harris, John Lewis, Shenita Binns, Binns, Joe Manchin, Cliff Albright, Albright, Merdie Nzanga, Heather Timmons, Michael Perry Organizations: Ebenezer Baptist Church, REUTERS, Black, Riders, Reuters, Atlanta, Washington D.C, Democratic, U.S . Senate, Democratic Party, Republican, Thomson Locations: Atlanta , Georgia, U.S, Jackson , Mississippi, Washington, Atlanta, Georgia, Ebenezer, South Carolina, North Carolina, Charleston , West Virginia
Hawaii Governor David Ige signed a bill into law on Tuesday that will cap interest rates on payday loans at 36% within the state. It will also force the licensed payday industry to offer installment loans in place of traditional payday loans with a single payoff due two weeks after an amount is borrowed. Prior to the new legislation, payday lenders in Hawaii charged annual percentage rates of up to 460%. Nearly 20 states, along with Washington D.C., impose a 36% rate cap on payday loan interest rates and fees. Sign up now: Get smarter about your money and career with our weekly newsletterDon't miss: Payday loans can have interest rates over 600%—here's the typical rate in every U.S. state
Persons: David Ige, Nick Bourke Organizations: Pew Charitable Trust, Beat, Maui Loan Inc, Washington D.C, Veterans, Consumers, Republican Locations: Hawaii, Honolulu, Maui, Illinois, Nebraska
Albertsons CEO Vivek Sankaran told CNBC on Wednesday that the U.S. consumer has, so far, been able to handle rising inflation. "The inflation is higher. Sankaran, who also serves as Albertsons' president, said he does not take rising prices "lightly." We haven't seen the consumer affected yet by that level of inflation," said Sankaran. It could go a little bit higher, but again, we have a strong consumer," Sankaran said, adding that the grocery chain has plans in the event it needs to absorb higher costs.
Persons: Vivek Sankaran, Sankaran, Jim Cramer, Jerome Powell, Cramer Organizations: Albertsons, CNBC, Washington D.C, Labor Department, Federal Reserve Locations: U.S, Washington
His case pending, he is running for the New Hampshire legislature to unseat Democrat Ann Kuster. In a TV interview Riddle learned Kuster sits in the US Congress, and he is in the wrong race. A man who was charged after bragging that he had guzzled wine during the Capitol riot is now running for office — but appears to have accidentally joined the wrong race. Trump supporters clash with police and security forces as they push barricades to storm the US Capitol in Washington D.C on January 6, 2021. Roberto Schmidt/AFP via Getty ImagesBut Riddle is barred from entering Washington D.C. while his case is pending, the network reported.
Persons: Jason Riddle, Democrat Ann Kuster, Riddle, Kuster, NBC10, Ann, Katherine Underwood, Underwood, I've, Trump, Roberto Schmidt, hadn't, Donald Trump Organizations: Capitol, New, Democrat, US, Statehouse, Washington D.C, AFP, Getty, D.C Locations: New Hampshire, NBC10 Boston, Concord, Washington
But with home prices hitting record highs, demand for single-family rental homes is soaring – and so are the rents. "Single-family rent growth showed a strong rebound in April 2021 with all price tiers back above their pre-pandemic rent growth rate," said Molly Boesel, principal economist at CoreLogic. "While rent growth slowed last April at the start of the pandemic, the rate of rent growth this April was running above pre-pandemic levels even when compared with 2019 and shows no signs of diminishing." The rent gains are across all price categories, even low-end, which exceeded pre-pandemic rent gains for the first time. On the flip side, Boston saw an annual decline of 5.9% in rent prices and has experienced the largest decrease of the 20 metropolitan market rent prices for nine straight months.
Persons: Boomers, Molly Boesel, Peter Boockvar Organizations: Washington D.C, Corelogic, Las Vegas, Bleakley Locations: Capitol, Washington, Phoenix, Tucson , Arizona, Atlanta, Boston, Chicago
Wealthy nations in the Group of Seven have agreed to set up an infrastructure plan to compete with China's Belt and Road Initiative — but that won't stop Beijing's massive program, an expert on global economic governance said Monday. Leaders from the G-7 nations met at a three-day summit in southwest England that ended Sunday — their first face-to-face meeting in two years. The group's infrastructure plan is part of a broad collective pushback against China on issues ranging from human rights abuses to non-market practices that undermine fair competition. "This isn't really intended to stop Belt and Road. The Belt and Road Initiative is China's ambitious program to build physical and digital infrastructure to connect hundreds of countries from Asia to the Middle East, Africa and Europe.
Persons: Matthew Goodman, Xi, Goodman, who's, CNBC's Organizations: Seven, Initiative, Sunday, Washington D.C, Strategic, International Studies, CSIS Locations: England, China, Asia, East, Africa, Europe
Eleanor Holmes Norton, a Democrat who has — as she has done every year since taking office in 1991 — introduced a D.C. statehood measure. Many Republicans oppose statehood for Washington, D.C. — and for Puerto Rico — because any congressional representation would almost certainly be Democratic. “They cite various reasons for why they want D.C. statehood, but the truth is that these extra Senate seats would be a rubber stamp for their radical, far-left agenda.”The House in April passed a D.C. statehood bill with a record number of co-sponsors and the endorsement of President Joe Biden, as well. Even without the filibuster, key Democratic senators like Joe Manchin of West Virginia are not on board with making Washington, D.C., the 51st state. “My father, who is now retired, was around in 1959 when Alaska and Hawaii became the 49th and 50th states,” Beard said.
Persons: Carter Beard, ” Beard, Muriel Bowser, Del, Eleanor Holmes Norton, , Thomas McKinless, ” Norton, Norton, ” Emma Vaughn, , Joe Biden, it’s, Joe Manchin, Beard, they’ve, Betsy Ross, George Washington, George Ross, Robert Morris, Thomas Dowler, ” Annin, Lou Lowery, Rosenthal, Abraham Lincoln, Louis R, Lowery, Robert G, Heft, he’d, Dwight D, Eisenhower —, ” Heft, Peter Ansoff, Vexillology, he’s, , — Beard, ” “, ‘ It’s, Organizations: D.C, United, NBC News, Washington , D.C, White House, U.S, Capitol, Democrat, Inc, Getty, White, Puerto Rico —, Democratic, U.S . Senate, Republican National Committee, Guardian, Congress, Marine, Division, Regiment, Marine Corps, U.S . Marine Corps, Walmart, Lowes, Home, Grand Rapids Press, American Vexillological Association Locations: Washington, United States, U.S, Washington ,, Pennsylvania, Del, South Carolina, West Virginia, Puerto Rico, Union, Hawaii, Alaska, Iwo Jima, Suribachi, Japan, Lancaster , Ohio, Michigan
Lilly spokesperson Kathryn Beiser and a Justice Department spokesperson declined to comment. The firm also has several lawyers whose reputations would carry weight with the Justice Department and the FDA, including former Attorney General Eric Holder, legal experts said. ANSWERING DIFFERENT QUESTIONSThe company-backed investigation was based on interviews with more than 100 people, the May 20 memo to Lilly employees said. The memo denies the company made false statements to the FDA. The company memo said Lilly couldn’t substantiate allegations that employees faced retaliation for refusing to make false statements.
Persons: Eli Lilly, Mike Segar, Lilly, Burling, Nellie Clark, Kathryn Beiser, Clark, Covington, it’s, , Paul Pelletier, Eric Holder, Gerald Masoudi, Masoudi, Amrit Mula, Mula, Trump, New Jersey Democrat Bob Menendez, ” Menendez Organizations: Reuters, U.S . Justice, Company, REUTERS, U.S . Food, Drug Administration, Washington D.C, Covington, Burling LLP, Justice Department, U.S . Securities, Exchange Commission, Justice, U.S, Department, FDA, New, New Jersey Democrat Locations: New Jersey, Branchburg , New Jersey, , New Jersey, Washington, Covington, Mula, U.S
An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. If the Justice Department concludes that an internal investigation was thorough, it can result in a non-prosecution agreement with few, if any, penalties, the experts said. The firm also has several lawyers whose reputations would carry weight with the Justice Department and the FDA, including former Attorney General Eric Holder, legal experts said. ANSWERING DIFFERENT QUESTIONSThe company-backed investigation was based on interviews with more than 100 people, the May 20 memo to Lilly employees said. The company memo said Lilly couldn’t substantiate allegations that employees faced retaliation for refusing to make false statements.
Persons: Eli Lilly, Mike Segar, LLY.N, Lilly, Burling, Nellie Clark, Kathryn Beiser, Clark, Covington, it’s, , Paul Pelletier, Eric Holder, Gerald Masoudi, Masoudi, Amrit Mula, Mula, Trump, New Jersey Democrat Bob Menendez, Menendez Organizations: Company, REUTERS, U.S . Justice, Reuters, U.S . Food, Drug Administration, Washington D.C, Covington, Burling LLP, Justice Department, U.S . Securities, Exchange Commission, Justice, U.S, Department, FDA, New, New Jersey Democrat, Thomson Locations: Branchburg , New Jersey, New Jersey, , New Jersey, Washington, Covington, Mula, U.S
FILE PHOTO: A 2021 Lordstown Motors Endurance truck is pictured at the White House in Washington D.C. behind former U.S. President Donald Trump and two Lordstown employees. On Wednesday, Lordstown officials had no immediate comment, but Burns has scheduled an appearance with the Automotive Press Association next Tuesday. When Lordstown announced the SPAC deal, it boasted its electric truck would be first to market to serve commercial fleet customers. After Hindenburg’s report, Lordstown said the orders were nonbinding and on Tuesday it said it had no binding purchase orders. General Motors Co, which invested $25 million in cash in Lordstown and another $50 million in in-kind contributions including the Ohio plant, declined to comment.
Persons: Donald Trump, Carlos Barria, Lordstown, Steve Burns, Burns, Lordstown’s, Hindenburg, Nathan Anderson, Joseph Spak, COVID, Ford, Hermes Kaufmann Organizations: DETROIT, Lordstown Motors Corp, Motors, White, Washington D.C, REUTERS, Endurance, Automotive Press Association, DiamondPeak Holdings, Hindenburg Research, U.S . Securities, Exchange Commission, SEC, RBC Capital Markets, U.S . Department of Energy, DOE, Energy, Ford Motor Co, Ford’s, Fidelity Management & Research Co, Wellington Management Co, Fund, BlackRock Inc, BlackRock, General Motors Co Locations: WASHINGTON, Washington, Washington , U.S, U.S, Ohio, Hindenburg, Lordstown
A 2021 Lordstown Motors Endurance truck is pictured at the White House in Washington D.C. behind former U.S. President Donald Trump and two Lordstown employees. Lordstown in a Wednesday statement reaffirmed it has "adequate capital to continue operations, meet supplier obligations and begin limited production," but will need to raise additional funds and was in talks to do that. read moreLordstown's situation has raised doubts about forecasts the company made on Aug. 3, 2020, when it announced its deal to go public through a reverse merger with special-purpose acquisition company (SPAC) DiamondPeak Holdings. When Lordstown announced the SPAC deal, it boasted its electric truck would be first to market to serve commercial fleet customers. Investors in the initial SPAC deal included Fidelity Management & Research Co, Wellington Management Co, Federated Hermes Kaufmann Small Cap Fund and BlackRock Inc (BLK.N).
Persons: Donald Trump, Carlos Barria, Lordstown, Steve Burns, Lordstown's, Burns, Hindenburg, Nathan Anderson, Joseph Spak, COVID, Ford, Hermes Kaufmann Organizations: Motors, White, Washington D.C, REUTERS, Lordstown Motors Corp, Endurance, DiamondPeak Holdings, Hindenburg Research, U.S . Securities, Exchange Commission, SEC, RBC Capital Markets, U.S . Department of Energy, DOE, Energy, Ford Motor, Ford's, Fidelity Management & Research Co, Wellington Management Co, Fund, BlackRock Inc, BlackRock, Thomson Locations: Washington, Washington , U.S, U.S, Ohio, Hindenburg
Amy Berman Jackson: The Mueller judgeIn 2011, Barack Obama nominated Judge Amy Berman Jackson to the federal bench. Alex Wong/Getty ImagesNo other federal judge was more involved during Robert Mueller's Russia investigation than Jackson, an appointee of President Barack Obama who oversaw the special counsel's criminal cases against Trump allies Roger Stone and Paul Manafort. Jackson, 66, is now front and center in legal proceedings surrounding the Capitol riot. Jackson also recently called former Attorney General William Barr "disingenuous" when publicly describing Mueller's findings. Before she joined the federal court, she was in the private sector in Washington D.C. and specialized in criminal and civil trials and appeals.
Persons: Amy Berman Jackson, Mueller, Barack Obama, Alex Wong, Robert Mueller's, Jackson, Roger Stone, Paul Manafort, Karl Dresch's, Trump, William Barr, Barr, shepherded Manafort, Rick Gates Organizations: Trump, Justice, DOJ, Harvard College, Harvard Law School, Washington D.C Locations: Robert Mueller's Russia, Michigan, Russia, Baltimore, Washington
President Joe Biden on Monday announced the Department of Justice will continue to defend a law that bars residents of Puerto Rico from obtaining federal benefits for low income disabled people even though he believes the "provision is inconsistent with my Administration’s policies and values." "As I have stated, I believe that Puerto Rico residents should be able to receive SSI benefits, just like their fellow Americans in all 50 states and Washington D.C.," Biden said in a statement. Consistent with this important practice, the Department is defending the constitutionality of the Social Security Act provision in this case," he added. The president urged Congress to amend the Social Security Act to make the benefits available in Puerto Rico, and also called for legislators to eliminate Medicaid funding caps for the U.S. territory. Ferré's client is a U.S. citizen with health problems who started receiving SSI benefits when he was living in New York in 2012, but lost his eligibility when he moved to Puerto Rico a year later.
Persons: Joe Biden, Jose Luis Vaello, Biden, I’ve, Hermann Ferré, Madero, he'd Organizations: Monday, Department, Justice, DOJ, U.S, Supreme, Social Security, Madero, Washington D.C, Department of Justice, Social, Vaello, NBC News, Trump Locations: Puerto Rico, United States, Washington, United States of America, U.S, New York
Lady Liberty's little sister sets off for United States
  + stars: | 2021-06-07 | by ( ) www.reuters.com + 0.90   time to read: +1 min
The replica, which stands at 2.83 metres (9.3 ft) tall, is being loaned by a Paris museum to the United States for 10 years to cement Franco-American friendship. On Monday, workmen used a crane to gently lift the statue off its plinth in Paris. Once in the United States, it will go on display in Washington D.C."Franco-American friendship will be marked under the sign of liberty," said Olivier Faron, general administrator of Conservatoire National des Arts et Metiers, the institution which oversees the museum. "A new era in relations between France and the United States will open up, that's what we want." The larger version of the Statue of Liberty was given by France to the United States as a gift, and was completed and assembled in 1886.
Persons: Franco, Olivier Faron, Frédéric Auguste Bartholdi, Gustave Eiffel Organizations: Musee des Arts, Metiers, REUTERS, of Liberty, Washington D.C, Conservatoire National des Arts, Thomson Locations: Paris, New York, France, United States, New York Harbour, Washington, American
The Carlyle Group and Warburg Pincus announced a large investment into HR specialist Neogov. Warburg Pincus and the Carlyle Group are spearheading a large investment into a firm that helps public-sector entities such as local governments hire, train, and manage their employees. While Carlyle is a new investor into Neogov, Warburg Pincus first backed the company in 2016. A representative for Warburg Pincus declined to disclose the size of the firm's most recent investment. Warburg Pincus originally connected Neogov and the Carlyle Group around a year and a half ago.
Persons: Warburg Pincus, Carlyle, Carlyle Partners VII, Ashley Evans, Neogov, Evans, Shane Evangelist, Vishnu Menon, Menon, Shane, Warburg, Washington Carlyle, David Rubenstein, Jimmy Carter, Frank Carlucci, Reagan, Evangelist, it's Organizations: Carlyle Group, Warburg, Services, Carlyle Partners, Menlo, Procare Software, Veritas, Washington D.C, Defense, Capitol Locations: Neogov, , California, Washington ,, Washington, California
Downtown Los Angeles is seen behind a tree burned by wildfire before expected heavy rains, as the coronavirus disease (COVID-19) continues, in Los Angeles, California, U.S., January 28, 2021. Across the United States, cities have launched new programs focused on dealing with extreme weather, reflecting the growing impacts of climate change on local communities, according to experts. 1 killer of all the climate change impacts," Gilbert said. 'ENVIRONMENTAL JUSTICE IMPACT'In February, Los Angeles launched a Climate Emergency Mobilization office to coordinate the city's policies on climate change across its dozens of neighborhoods and districts. "Climate change is a public health issue, a public health hazard, and the front-line communities that are most affected by climate change are low income communities," Mayor Regina Romero told Reuters.
Persons: Lucy Nicholson Tucson, Angeles, Adrienne Arsht, Kathy Baughman McLeod, Trump, Alice Hill, Joe Biden's, Donald Trump, Biden, Levine Cava, Cava, Jane Gilbert, Gilbert, Marta Segura, Segura, Greg Good, Mayor Regina Romero, Romero Organizations: Downtown, REUTERS, Rockefeller Foundation Resilience, Washington D.C, Council, Resilience, EPA, Foreign Relations, Miami Dade, Miami, IMPACT, Public Works Department, Reuters, Los Angeles Board, Public, Mayor, Biden, Thomson Locations: Downtown Los Angeles, Los Angeles , California, U.S, Miami, United States, Phoenix, Houston , Louisville, Nashville, Oakland, Gulf, New York, Los Angeles, Miami Dade County, Tucson, Arizona
Three Exxon refineries top the list of U.S. polluters
  + stars: | 2021-05-28 | by ( Tim Mclaughlin | ) www.reuters.com + 0.00   time to read: +9 min
A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, U.S., May 15, 2021. The three Exxon refineries together averaged emissions of 80 pounds per hour, eight times the average rate of the seven other refineries on the top-ten list, some of which are larger than Exxon's plants, the analysis shows. Reuters interviewed nearly three dozen residents in the predominantly Black neighborhoods near Exxon’s Baton Rouge refinery. ‘GIVE US GOOD AIR’The Baton Rouge refinery, more than a century old, borders neighborhoods with sky-high rates of childhood asthma. The plant is slightly larger than Exxon Baton Rouge.
Persons: Kathleen Flynn The, Wilma Subra, , Exxon, you’re, Eric Schaeffer, haven’t, Philip Mattera, don’t, Seabell Thomas, , , Thomas ’, Sonyja Renee Thomas, Jamal Kheiry, Marathon’s Kheiry, Sidney Poray, he’s, Poray Organizations: Exxon Mobil’s, ExxonMobil, REUTERS, Exxon, Environmental Justice, Council, Reuters, Harvard University, Washington D.C, Good, Louisiana Department of Environmental, Baton Rouge, Louisiana Health Department, EXXON, Companies, BP plc, Marathon Petroleum, Phillips, Valero Energy Corp, Exxon Baton, EPA, Justice Department Locations: BATON ROUGE , Louisiana, ExxonMobil Baton Rouge, Baton Rouge , Louisiana, U.S, Kathleen Flynn The Texas, Texas, Louisiana, Baton Rouge, Black, Exxon’s Baton Rouge, COVID, Washington, Beaumont, Baytown, African, Garyville , Louisiana, Exxon Baton Rouge
The heads of major U.S. banks on Wednesday expressed tentative support for a federal interest rate cap on consumer loans, which would likely include payday and auto title loans. "We absolutely don't charge interest rates that high for our customer basis," Citi CEO Jane Fraser said in response to Sen. Reed's question. Currently, 18 states, along with Washington D.C., impose a 36% rate cap on payday loan interest rates and fees, according to the Center for Responsible Lending. But Sen. Reed, along with Sen. Sherrod Brown, D-Ohio, previously introduced legislation in 2019 that would create a federal 36% interest rate cap on consumer loans. Research conducted by the Consumer Financial Protection Bureau found that nearly 1 in 4 payday loans are reborrowed nine times or more.
Persons: Jack Reed, Goldman Sachs, Wells, Jane Fraser, Sen, Goldman, David Solomon, Brian Moynihan, Reed, Sherrod Brown, Sen . Brown, there's, Moynihan, they've Organizations: Banking, Housing, Urban Affairs, Bank of America, Citigroup, JPMorgan Chase, Citi, Chase, Washington D.C, Center for, Reuters, Research, Consumer Financial, Bureau, Currency, Federal Reserve, of American Locations: U.S, Ohio
Since she was a young girl, Helen Cashell Baldwin was haunted by the mystery of what happened to the doomed Navy submarine USS R-12. Helen Cashell Baldwin, left, with her father Fredrick Edward Cashell and her twin sister Muriel, right. Ocean explorer Tim Taylor, who set up the site, wanted to get in touch with family members of the victims. Within months of speaking with Taylor, Baldwin and her two siblings boarded a boat and headed out into the Atlantic with Taylor and his fellow explorer and now-wife Christine Dennison. “It was a life-changing experience.”Helen Cashell Baldwin and her siblings Muriel and Ralph toss roses in the ocean above the Navy submarine USS R-12.
Persons: Helen Cashell Baldwin, Baldwin’s, Fredrick Edward Cashell, Baldwin, Muriel, ” Baldwin, Lester Holt, Tim Taylor, Taylor, Christine Dennison, ” Helen Cashell Baldwin, Ralph, Helen Baldwin, ” Sam Cox, “ It's, Organizations: Navy, Florida, NBC, Public, U.S . Navy, Naval, Washington D.C, Arlington National Cemetery Locations: Ocean, Key, Washington, Arlington
The mother of Capitol Police officer Brian Sicknick, who died following the Jan. 6 riot at the Capitol, met with Republican senators on Thursday to urge them to support a commission to investigate the attack. "You know, usually I'm staying in the background and I just couldn't, I couldn't stay quiet anymore," she told reporters following a meeting with Sen. Mitt Romney, R-Utah. The Senate could vote on the legislation as soon as Thursday but it may be delayed by consideration of a bill focused on China. In a Wednesday statement to all GOP senators requesting a sit-down meeting, the late officer's mother said her son "died because of the insurrectionists who stormed the Capitol Building on January 6." In announcing his opposition to the legislation for the 9/11-style commission last week, McConnell called it a "slanted and unbalanced proposal."
Persons: Brian Sicknick, Gladys Sicknick, Sandra Garza, Sen, Mitt Romney, Romney, Susan Collins, Lisa Murkowski, Bennie Thompson, John Katko, Andrew Clyde, Brian, wouldn’t, Kevin McCarthy, Mitch McConnell, Donald Trump, McConnell, Joe Manchin, Liz Cheney Organizations: Capitol Police, Capitol, Republican, Republicans, House Homeland Security, Washington D.C, Arlington National Cemetery, FBI, Homeland Security Locations: R, Utah, Maine, Alaska, China, Arlington, Ky
Amazon requires third-party sellers to not offer products at lower prices on other websites. Amazon's treatment of third-party sellers has been a focus in ongoing antitrust scrutiny. Washington DC Attorney General Karl Racine said Tuesday that his office is suing Amazon, accusing the tech giant of abusing its monopoly power to control prices of goods online. "We filed this antitrust lawsuit to put an end to Amazon's illegal control of prices across the online retail market," Racine tweeted. Amazon's treatment of third-party sellers on its platform has taken center stage in the past year during an ongoing antitrust investigation.
Persons: , Karl Racine, Racine, Karl A, Jeff Bezos, Read, Simon, Simon & Schuster Organizations: Washington D.C, Washington DC, Amazon, Walmart, Hachette, HarperCollins, Macmillan, Penguin Random, Simon &
Amazon on D.C. lawsuit: Sellers set their own prices for products
  + stars: | 2021-05-25 | by ( ) www.cnbc.com sentiment -0.99   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon on D.C. lawsuit: Sellers set their own prices for productsCNBC's Eamon Javers reports on Amazon's response to an antitrust lawsuit from Washington D.C.'s attorney general.
Persons: Sellers, Eamon Javers Organizations: D.C, Washington D.C Locations: Washington
Vaccinated and unvaccinated Americans have different attitudes about the idea of traveling this spring, according to the findings from a marketing technology company. With travel bookings surging, data from New York-based Zeta Global indicates that unvaccinated Americans appear more comfortable traveling — and to more densely-populated places — than vaccinated people. Similarly, the number of unvaccinated travelers who went to Florida in April increased (+6%), yet decreased among vaccinated travelers (-16%). Unofficially known as "Big Sky Country," Montana attracted more vaccinated than unvaccinated Americans last month. Travel there was up 77% for unvaccinated travelers and down 33% for vaccinated travelers.
Persons: David Steinberg, Zeta, Neej Gore, Paul Columbus, Gore, Mike Kemp, Harry Severance, Taylor Schreiner, Schreiner Organizations: Zeta Global, Zeta, New, Florida —, Paul Columbus , Ohio Washington D.C, Boston Baltimore Cincinnati Indianapolis, CNBC, Fort Lauderdale, Tacoma, In Pictures, Dakotas, Harry Severance Duke University School of Medicine, Adobe Digital, unvaccinated Locations: New York, New York City, Denver, Atlanta, Dallas, Fort Worth , Philadelphia, Florida, Florida — Orlando, Tampa, Minneapolis, St, Paul Columbus , Ohio Washington, Northeast, Midwest, West Coast ., Houston Miami, Fort Lauderdale Los Angeles Salt Lake City San Antonio Seattle, Tacoma Austin , Texas, Vegas, Las Vegas, Montana, Miami, Fort Lauderdale, Oregon, Washington , Montana, Portland, United States
Now, JPMorgan is launching Morgan Health to improve the quality of medical care for the bank's 165,000 U.S. employees and their families, the firm said Thursday in a statement. The business is led by Dan Mendelson, a healthcare consultant who served in the Clinton administration, and will be based in Washington D.C. The new unit will also have $250 million to make venture investments in companies with "promising healthcare solutions," the firm said. In its three-year run, Haven, the joint venture that folded in January, had little to show in terms of concrete results. It will also focus on preventative care in maternal health, cardiovascular disease and diabetes, he said.
Persons: JPMorgan Chase, Berkshire Hathaway, Dan Mendelson, Clinton, Jamie Dimon, Mendelson Organizations: JPMorgan, Amazon, Morgan Health, Washington D.C, Centers, Medicare, Services Locations: Berkshire, Washington, American, Haven
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