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☆ Lawmakers Want Answers From Silvergate About FTX Transfers
▼ + stars: | 2022-12-06 | by ( David Benoit | ) www.wsj.com time to read: 1 min

Lawmakers are demanding information from Silvergate Capital Corp. about transfers of customer funds between Sam Bankman-Fried ‘s collapsed trading firm, Alameda Research, and his cryptocurrency exchange, FTX. In a letter to the bank Monday, Republican Sens. John Kennedy of Louisiana and Roger Marshall of Kansas, along with Democratic Sen. Elizabeth Warren of Massachusetts, said an Alameda depository account at Silvergate “appears to be at the center” of the transfer of FTX customer funds to the trading firm. Failure to detect this “scheme,” the senators said, could mean the bank broke anti-money-laundering laws.

☆ Sen. Warren demands answers from Silvergate Bank about its business dealings with FTX
▼ + stars: | 2022-12-06 | by ( Gretchen Morgenson | Gretchen Morgenson Is The Senior Financial Reporter For The Nbc News Investigative Unit. A Former Stockbroker | She Won The Pulitzer Prize In For Her | ) www.nbcnews.com time to read: +13 min

“Life as a crypto firm can be divided up into before Silvergate and after Silvergate,” Bankman-Fried gushed in a testimonial featured recently, and prominently, on Silvergate Bank’s website. But in a conversation with an investment manager, a former top FTX employee said Silvergate was FTX’s primary banking partner. As a regulated bank, Silvergate has a duty to monitor clients’ accounts for suspicious activities that could signal fraud, money laundering or tax evasion, the filings note. FTX frequently used the Silvergate Exchange Network, according to the former FTX employee with direct knowledge of the transactions. A Silvergate spokeswoman said the change reflected a shift in functions taken on by a new president at the bank.

REUTERS/Jonathan Ernst/File PhotoNEW YORK, Dec 1 (Reuters Breakingviews) - A congressional grilling on cryptocurrency answered a lot of questions, but far more about the ignorance on Capitol Hill than digital currencies. More bizarrely, Roger Marshall, also a Republican, suggested a “pause in this cryptocurrency digital world” while Congress gets its “arms around it,” a process he said could take years. Marshall also referenced central bank digital currencies, but those will fall under the U.S. Federal Reserve’s purview if the central bank approves such a project. Bitcoin has been around for more than a decade, however, and Congress has failed to craft relevant laws to oversee crypto. The hearing was the first of several planned to examine FTX’s bankruptcy, cryptocurrency regulation, and agency jurisdiction over digital assets.

☆ The 10 people transforming DEI - from the founder of Stop AAPI Hate, to the CEO of Eaton
▼ + stars: | 2022-11-20 | by ( Business Insider | ) www.businessinsider.com time to read: 1 min

Craig Arnold, CEO and Chairman, Cochair, Eaton, Second Chance Business CoalitionRoger MastroianniCraig Arnold, the cochair of the Second Chance Business Coalition, founded in 2020, is one of the people at the forefront of this movement. Arnold leads the organization of top employers working to improve hiring chances for those who have been incarcerated. "As members of the business community, we've long believed it's our responsibility to remove barriers to employment by allowing people with prior criminal records to fairly compete for job opportunities," Arnold said.

☆ These are the 12 Democrats who voted to end the official COVID-19 emergency Biden has used to extend student-debt relief
▼ + stars: | 2022-11-16 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

The Senate voted to end the government's COVID-19 emergency declaration. The emergency status was a key tool Biden has used to give student-loan borrowers debt relief. The resolution had 36 nays, all from Democratic lawmakers, but 12 Democrats joined Republicans to end the emergency declaration. Along with extending student-debt relief, the government has used the emergency status to extend customs deadlines, along with increasing access to telehealth providers. Here are the 12 Democrats who voted to end the pandemic's emergency declaration:

☆ Biden would veto proposed U.S. Senate resolution to end COVID national emergency -White House
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: 1 min

Nov 15 (Reuters) - President Joe Biden would veto a proposed U.S. Senate resolution that would terminate a national emergency declared in 2020 in response to the COVID-19 pandemic, the White House said on Tuesday. Senator Roger Marshall in September called for a vote to end the emergency declaration after Biden told CBS News in an interview that the pandemic was "over." The White House later walked back Biden's comments, saying there had been no change in the administration's COVID-19 policy. Marshall's proposed resolution was put on the Senate calendar in October but has not yet been put to a vote in the Democrat-controlled chamber. Reporting by Eric Beech and Dan Whitcomb; editing by Costas Pitas and Richard ChangOur Standards: The Thomson Reuters Trust Principles.

☆ Rick Scott launches his Trump-backed challenge of Mitch McConnell to become Senate GOP leader
▼ + stars: | 2022-11-15 | by ( Brent D. Griffiths | Warren Rojas | ) www.businessinsider.com time to read: +5 min

Sen. Rick Scott is challenging Mitch McConnell to become the top Senate Republican. Scott's challenge comes as former President Donald Trump and some Senate Republicans blame McConnell for a lackluster midterm election. As Politico broke the news of Scott's challenge, McConnell's allies lashed out. As the leader of Senate Republicans' campaign arm, Scott played a key role in shaping his party's strategy. Unlike McConnell, Scott did not want the GOP to aggressively intervene in contested primaries, which led to Trump-backed challengers like Dr. Mehmet Oz and Don Bolduc emerging in key races in Pennsylvania and New Hampshire, respectively.

☆ Costa Rica cenbank raises 2022 growth projection to 4.3% as tourism recovers
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +1 min

SAN JOSE, Oct 31 (Reuters) - Costa Rica's economy is expected to grow 4.3% in 2022, its central bank said on Monday, an upgrade to an earlier projection from boosts expected in tourism and business services. The new estimate for 2022 growth domestic product (GDP) improves on last July's projection by 0.9 percentage points. The central bank, however, also reduced the growth outlook for 2023 from 3.2% to 2.7% because of challenges in the global economy. Costa Rica's economy grew 7.8% last year as it recovered from a 2020 recession brought on by COVID-19 damage to the country's ecotourism. Tourism authorities expect 2 million visitors in 2022, just two-thirds of the 3 million arrivals in 2019, but above the 1.35 million reported for last year.

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☆ Democratic Gov. Laura Kelly vies for reelection against Republican Derek Schmidt in Kansas
▼ + stars: | 2022-10-31 | by ( Grace Panetta | ) www.businessinsider.com time to read: +2 min

Laura Kelly is seeking a second term as governor of Kansas. Laura Kelly is running for a second term against Republican Attorney General Derek Schmidt in Kansas. Kansas' gubernatorial candidatesKelly, a moderate Democrat first elected in 2018, is seeking a second term in office, running on her record in leading Kansas through the COVID-19 pandemic. Her opponent, Attorney General Derek Schmidt, has hammered Kelly over issues including Kansas' educational and foster care systems. Kansas' gubernatorial race also follows Kansas voters in August decisively rejecting a ballot referendum that would have eliminated the right to abortion from the Kansas Constitution.

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The Credit Card Competition Act of 2022 has been added to the National Defense Authorization Act (NDAA). This amendment, which would affect both Visa and Mastercard, will work to increase competition between credit card issuers. Currently, Visa and Mastercard account for nearly 83% of the credit card market, leading to a massive duopoly with little competition. While the Credit Card Competition Act of 2022 has the potential to force merchants to accept more credit cards, it may also backfire on those who collect credit card rewards. We'll see if — and when — the Credit Card Competition Act of 2022 is passed.

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New York Yankees slugger Aaron Judge is one home run away from breaking the American League record. The Yankees have three games left this season; you can watch matchups on YES Network and MLB.TV. Aaron Judge and the New York Yankees' remaining 2022 season scheduleMatchup Time Channel New York Yankees at Texas Rangers October 4, 2:05 p.m. ET ESPN+, YES Network, MLB.TV (blackout restrictions apply)How to stream Aaron Judge's home run chaseThe easiest way to watch every moment of Aaron Judge's home run chase is to subscribe to MLB.tv. Viewers within those states must subscribe to the YES Network via cable or another TV provider to watch Yankees games.

New York Yankees slugger Aaron Judge belted his 61st home run of the season in Toronto on Wednesday night, tying the American League record set by fellow pinstripe great Roger Maris. Judge has still very been productive in his homerless stretch, drawing 12 walks and scoring five runs as the Yankees went 6-1. Mark McGwire hit 70, then a record, in 1998 for the St. Louis Cardinals. Now Maris' name is linked to baseball's well-liked 2021 home run leader, Judge, 30, a native of Linden, California. Judge has been an elite home run hitter from his first full season in the Bronx, when he hit 52 homers in 2017.

☆ Aaron Judge slams 61st home run of 2022, tying the single-season AL record
▼ + stars: | 2022-09-29 | by ( David K. Li | ) www.cnbc.com time to read: +4 min

Aaron Judge #99 of the New York Yankees hits a solo home run in the fifth inning against the Cleveland Guardians at Yankee Stadium on April 22, 2022 in the Bronx borough of New York City. New York Yankees slugger Aaron Judge belted his 61st home run of the season in Toronto on Wednesday night, tying the American League record set by fellow pinstripe great Roger Maris. The historic home run ball was picked up by Blue Jays bullpen coach Matt Buschmann, who gave it to the Yankees. Now Maris' name is linked to baseball's well-liked 2021 home run leader, Judge, 30, a native of Linden, California. Judge has been an elite home run hitter from his first full season in the Bronx, when he hit 52 homers in 2017.

☆ Aaron Judge Hits 61st Home Run to Tie Roger Maris’s AL Record
▼ + stars: | 2022-09-28 | by ( Tim Brown | ) www.wsj.com time to read: 1 min

New York Yankees slugger Aaron Judge on Wednesday night hit his 61st home run of the season, tying the American League and Yankees records, both held by Roger Maris since 1961. Judge smacked a seventh-inning pitch off of Toronto Blue Jays pitcher Tim Mayza in Toronto over the left-field fence to become the second Yankee to surpass 60 home runs in a season. The other was Maris. Babe Ruth hit a career-best 60 home runs (in a 155-game season) in 1927. Wednesday was the Yankees’ 155th game.

☆ Yankees clinch AL East but Judge's home run record chase stalls
▼ + stars: | 2022-09-28 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

Sep 27, 2022; Toronto, Ontario, CAN; New York Yankees center fielder Aaron Judge (99) celebrates in the dugout with team mates after scoring against the Toronto Blue Jays in the third inning at Rogers Centre. Mandatory Credit: Dan Hamilton-USA TODAY SportsTORONTO, Sept 27 (Reuters) - The New York Yankees clinched top spot in the American League East with a 5-2 win over the Toronto Blue Jays on Tuesday but Aaron Judge's pursuit of Roger Maris's home run record remained stalled on 60. But with eight games remaining in the regular season that pressure is being dialled up with each missed opportunity. The seven-game home run drought is the second longest of the season for Judge after a nine-game homerless stretch in mid-August. Tuesday's game marked just the second time in his career Judge had been issued four walks.

WASHINGTON — The Senate voted Tuesday to move forward with funding the government through mid-December ahead of a Friday deadline to avert a shutdown. The short-term funding measure includes money for Ukraine aid, Afghan resettlement, parolees and security enhancements for U.S. courts, among other provisions. Republicans, still angry about Manchin's vote for the Democrats-only bill in August, credibly threatened to tank the government funding bill if his permitting measure was tacked on. During the Senate vote, Manchin reached out to Republicans to discuss restarting negotiations over a permitting package, including Sen. Bill Cassidy, R-La., Cassidy said. "The fact that Joe traded his vote for permitting reform doesn’t make permitting reform any less of a noble venture," Cramer said.

☆ MLB roundup: Jays keep Aaron Judge in park, top Yanks in 10
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +3 min

The hit off Clarke Schmidt (5-5) scored automatic runner Cavan Biggio from second base after right fielder Aaron Judge had prolonged the inning with a catch at the right field wall. Judge went 1-for-3 with two walks as he stayed at 60 homers, one shy of the American League record set by New York's Roger Maris in 1961. Register now for FREE unlimited access to Reuters.com RegisterThe Blue Jays opted to intentionally walk Judge with two outs and runners on first and second in the top of the 10th. Braves 8, Nationals 0Rookie Bryce Elder pitched a six-hitter and visiting Atlanta smacked three home runs to defeat host Washington. Martinez and Rob Refsnyder homered for the Red Sox, and Enrique Hernandez had two run-producing singles for three RBIs.

☆ Judge's wait goes on as Blue Jays stop Yankees in extra innings
▼ + stars: | 2022-09-27 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

Sep 26, 2022; Toronto, Ontario, CAN; New York Yankees second baseman Gleyber Torres (25) and Toronto Blue Jays catcher Danny Jansen (9) look to the umpire for a call at second base during the seventh inning at Rogers Centre. "But I trust every single guy in our lineup, especially the guy behind me Anthony Rizzo, who day in and day out this season has come up in big spots. Yankees outfielder Judge has been stuck on 60 for six games after moving within one of Maris's AL record last Tuesday. The Yankees slugger would get one more shot at tying the record when the contest went to extra innings but with two out, two men on and first base open the Blue Jays issued an intentional walk to load the bases. "You don't want to let the best guy on their team beat you," said Blue Jays starter Kevin Gausman.

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