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☆ Top US Senate Republican backs Supreme Court chief amid calls for Thomas probe
▼ + stars: | 2023-04-18 | by ( Katharine Jackson | ) www.reuters.com time to read: +1 min

WASHINGTON, April 18 (Reuters) - U.S. Senate Republican Leader Mitch McConnell on Tuesday expressed support for the Supreme Court's chief justice as Democrats urge him to investigate luxury trips taken by Justice Clarence Thomas that were paid for by a Republican donor. “I have total confidence in the Chief Justice of the United States to deal with these court internal issues,” McConnell told reporters. Senate Judiciary Committee Democrats, in a letter sent to Chief Justice John Roberts on April 10, said Thomas' conduct violated ethical standards. ProPublica reported on April 6 that Thomas accepted expensive trips from Republican donor and real estate magnate Harlan Crow over decades without disclosing them. Thomas defended the trips, saying he had been advised he was not required to report that type of "personal hospitality."

☆ Top US Senate Republican backs U.S. Supreme Court chief amid calls for Thomas probe
▼ + stars: | 2023-04-18 | by ( Katharine Jackson | ) www.reuters.com time to read: +1 min

☆ GOP megadonor Harlan Crow isn't charging Clarence Thomas' mother rent. Zillow estimates suggest that would have saved her $155,000 since 2014.
▼ + stars: | 2023-04-17 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

GOP megadonor Harlan Crow bought SCOTUS justice Clarence Thomas' mother's house in October 2014. Thomas' mother still lives there rent-free, CNN reported. And that deal may have saved her more than $150,000 in rent for the property, according to Zillow estimates. According to Zillow's estimates for what the property would cost to rent, Williams could have saved as much as $154,900 over the years. ProPublica reported that after the sale, renovations equating to thousands of dollars were made to the home, including a repaired roof and a new carport.

☆ MLB roundup: Phillies score 9 in first, bash 23 hits to rout Reds
▼ + stars: | 2023-04-17 | by ( ) www.reuters.com time to read: +11 min

Lopez allowed two runs and seven hits in six innings. Both were 2-for-4 as Boston finished with seven hits. Alcantara (1-2) allowed seven hits and five runs (four earned) in six innings for the Marlins. Alek Manoah (1-1) allowed seven runs, nine hits and four walks in 4 2/3 innings for the Blue Jays. Castillo allowed two hits, didn't walk a batter and struck out nine over seven innings.

☆ Amy Klobuchar, who sits on the Senate judiciary committee, says Clarence Thomas' undisclosed lavish gifts from billionaire GOP donor is 'serious' and callsfor stronger ethics rules
▼ + stars: | 2023-04-16 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +2 min

Supreme Court Justice Clarence Thomas failed to disclose ties to a GOP megadonor, ProPublica reported. Klobuchar called for "ethics rules in the Supreme Court that are clear and enforceable." A ProPublica investigation found that Thomas had taken luxurious vacations with Harlan Crow, a billionaire real estate magnate, and GOP megadonor, among other things. Klobuchar on Sunday said there needs to be "ethics rules in the Supreme Court that are clear and enforceable." Every federal judge in the country comes under these ethics rules.

☆ Sorry everyone, but Clarence Thomas can take undisclosed money from whomever he wants and there is little to be done about it
▼ + stars: | 2023-04-15 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

But Supreme Court experts told Insider there is no chance the conservative justice will be removed. The Supreme Court has little regulatory oversight and few routes for disciplining its judges. Judiciary ethics experts told Insider the bombshell ProPublica report left them "shocked" and "disturbed." Federal law requires government employees, including Supreme Court justices, to report most real estate transactions worth more than a thousand dollars. Supreme Court Associate Justice Clarence Thomas attends the ceremonial swearing-in ceremony for Amy Coney Barrett to be the U.S. Supreme Court Associate Justice on the South Lawn of the White House October 26, 2020.

☆ Factbox: Jack Teixeira: Who is the man arrested over leaked Pentagon documents?
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +4 min

WASHINGTON, April 14 (Reuters) - Jack Douglas Teixeira was arrested on Thursday for allegedly leaking a trove of highly classified documents online. Teixeira served with the Air National Guard in Massachusetts, as did his stepfather. His unit, the 102nd intelligence wing of the Massachusetts National Guard, is responsible for providing intelligence support to many units of the military. Teixeira joined the Air National Guard in 2019, part of the National Guard that reports to the governor of their respective state or territory. The National Guard is made up of reserve troops that often hold civilian jobs or attend schools, and often respond to domestic emergencies.

☆ Justice Thomas Failed to Report Real Estate Deal With Texas Billionaire
▼ + stars: | 2023-04-13 | by ( Abbie Vansickle | ) www.nytimes.com time to read: +1 min

WASHINGTON — Justice Clarence Thomas did not disclose that he had sold a string of properties to a longtime conservative donor from Texas in 2014, ProPublica revealed on Thursday. The transaction is the first known instance of money going directly from the billionaire donor, Harlan Crow, 73, to the justice, in what appears to be a direct violation of disclosure requirements. The revelation cast greater scrutiny on Justice Thomas, who has long raised eyebrows over questions of conflicts of interest, in part because of the political activism of his wife, Virginia Thomas. The disclosures have fueled calls by Democratic lawmakers and court transparency advocates for the justices to face tighter ethics constraints. In 2014, a real estate company linked to Mr. Crow bought a single-family home and two vacant lots on a quiet Savannah street, paying $133,363 to Justice Thomas and his family for the property, ProPublica said.

The hearing, they said, would focus on "the need to restore confidence in the Supreme Court's ethical standards." "And if the court does not resolve this issue on its own, the committee will consider legislation to resolve it," they told Roberts. ProPublica reported on Thursday that Thomas accepted expensive trips from Republican donor and real estate magnate Harlan Crow over decades without disclosing them. Thomas defended the trips on Friday, saying he had been advised he was not required to report that type of "personal hospitality." Crow told ProPublica he had "never sought to influence Justice Thomas on any legal or political issue."

WASHINGTON, April 9 (Reuters) - Democratic U.S. Representative Alexandria Ocasio-Cortez said on Sunday she wants Supreme Court Justice Clarence Thomas to be impeached and his advisers probed after a media report described luxury trips he has taken over decades, funded by a Republican donor. "It is the House's responsibility to pursue that investigation in the form of impeachment," she told CNN in an interview. ProPublica reported on Thursday that Thomas accepted expensive trips from Crow over decades despite federal law requiring the disclosure of most gifts. Crow told ProPublica he had "never sought to influence Justice Thomas on any legal or political issue." Reporting by Kanishka Singh in Washington; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

☆ Justice Clarence Thomas Defends Luxury Travel Paid for by Billionaire GOP Donor
▼ + stars: | 2023-04-07 | by ( Jan Wolfe | ) www.wsj.com time to read: +1 min

Justice Thomas said he consulted with other judges years ago and determined that he didn’t need to disclose the gifts on his annual financial disclosure forms. WASHINGTON—Supreme Court Justice Clarence Thomas on Friday defended his decision not to disclose years of lavish vacations and private-jet travel paid for by a billionaire friend, calling the trips personal hospitality that federal judges in the past haven’t been required to report. The statement, issued through the court’s spokeswoman, came in response to an investigative report by ProPublica on Thursday. The ProPublica article documented how Justice Thomas and his wife, conservative activist Ginni Thomas, have gone on several luxury trips involving travel subsidized by and stays at properties owned by Republican Party megadonor Harlan Crow . The report prompted calls from Democratic lawmakers for legislative action to strengthen ethical standards for Supreme Court justices.

☆ U.S. Supreme Court Justice Thomas defends trips financed by 'dearest friends'
▼ + stars: | 2023-04-07 | by ( ) www.reuters.com time to read: +2 min

In a statement, Thomas also said that he has always sought to comply with disclosure guidelines. U.S. Supreme Court justices and federal judges must make public more details about any free trips, meals or gifts they receive under new regulations adopted at the urging of lawmakers and judicial transparency advocates. In his statement, Thomas said he and his wife, Virginia "Ginni" Thomas, had long counted Harlan and Kathy Crow among their dearest friends. "As friends do, we have joined them on a number of family trips during the more than quarter century we have known them," Thomas said. In a statement to ProPublica, Crow said he had "never sought to influence Justice Thomas on any legal or political issue."

☆ Clarence Thomas claims he was told it was not necessary to publicly report the $500,000 trips he took with GOP mega donor Harlan Crow
▼ + stars: | 2023-04-07 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Justice Thomas defended himself after a bombshell report raised questions about his financial disclosures. Thomas said that he had followed guidance by not disclosing lavish trips financed by a GOP megadonor who he considers a close friend. Thomas' explanation comes a day after ProPublica's bombshell report that extensively detailed how Crow secretly finance private trips Thomas took for over 20 years. This appears to conflict with an earlier practice by Thomas, who once did report Crow's gifts. Multiple ethics experts told ProPublica that Thomas had clearly violated ethics requirements by not disclosing the more recent trips.

☆ Why there's almost no chance Clarence Thomas gets impeached, despite an ever-growing list of ethics violations
▼ + stars: | 2023-04-06 | by ( Ashley Collman | ) www.businessinsider.com time to read: +4 min

There are renewed calls to impeach Supreme Court Justice Clarence Thomas amid new ethics concerns. But the only way to remove a Supreme Court justice is via impeachment, and only one justice has ever been impeached. Amid the backlash, Justice Thomas did not recuse himself from any January 6 cases. Only one other Supreme Court justice has ever been impeached, and he wasn't convicted. In other words, scandals may come and go, but Supreme Court justices are for life.

☆ Clarence Thomas has accepted undisclosed luxury trips from GOP megadonor for decades, report says
▼ + stars: | 2023-04-06 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Associate Justice Clarence Thomas during the formal group photograph at the Supreme Court in Washington, DC, US, on Friday, Oct. 7, 2022. Supreme Court Justice Clarence Thomas has accepted secret luxury trips from Republican megadonor Harlan Crow for more than two decades in apparent violation of a financial disclosure law, a ProPublica report revealed Thursday. Thomas has vacationed on Crow's 162-foot superyacht, flown on the real estate developer's private jet and spent time at the GOP donor's private resort and other exclusive retreats, ProPublica reported, citing documents and dozens of interviews. Thomas "seems to have completely disregarded his higher ethical obligations," Virginia Canter, chief ethics counsel at the watchdog group CREW, told the outlet. Spokespeople for the Supreme Court and Crow did not immediately respond to CNBC's request for comment on the investigation.

Some senior dealmakers at China's third-largest brokerage by market value will see an even steeper cut of two-thirds to their 2022 bonuses, said one of the people. The trend has accelerated as employers cut pay and perks in response to the government's "common prosperity" rhetoric. MILDER CUTSA senior investment banker in China could earn three million to 10 million yuan ($445,000 to $1.48 million) a year in total remuneration, excluding stock incentives, industry sources have said. By way of comparison, Wall Street bonuses fell 26% last year to average $176,700, versus a record 2021, showed a report last month from New York State Comptroller Thomas DiNapoli. Besides remuneration cuts, some investment banks have asked staff to avoid displays of wealth such as by uploading photographs to social media of expensive meals or overseas trips, industry sources said.

☆ The Supreme Court allowed a transgender girl to continue playing sports, but a Samuel Alito and Clarence Thomas dissent signals their willingness to review the hot-button issue
▼ + stars: | 2023-04-06 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +4 min

The Supreme Court allowed a transgender girl to continue playing on her school's girls track team. Yet two conservative justices — Samuel Alito and Clarence Thomas — dissented from the decision, suggesting the court may soon wade into the Republican-led culture war over trans athletes. Her lawyers argued that the ban violated the Constitution's 14th Amendment, which guarantees equal protection, as well as Title IX, the 1972 federal law that prohibits sex-based discrimination. West Virginia then turned to the Supreme Court to lift that ruling. "Among other things, enforcement of the law at issue should not be forbidden by the federal courts without any explanation."

☆ Crisis jolts Wall Street bankers already resigned to tough job market
▼ + stars: | 2023-04-05 | by ( Tatiana Bautzer | ) www.reuters.com time to read: +5 min

NEW YORK (Reuters) - Wall Street bankers face an increasingly gloomy job market after last month’s banking crisis worsened an already bleak outlook for pay and staffing. One likely consequence of the turmoil is that banks tighten their lending standards, which could further hinder dealmaking - making the prospects for jobs and compensation on Wall Street more gloomy. Now, financial industry workers are fretting not only about pay, but job security. The Wall Street giant typically cuts about 5% of its lowest-performing staff as part of the process. While there are plenty of reasons to be glum, Wall Street workers are enjoying one silver lining after the pandemic: greater flexibility in structuring their workday.

☆ Senators ask 27 CEOs to make sure their companies comply with child labor laws
▼ + stars: | 2023-04-05 | by ( Laura Strickler | ) www.cnbc.com time to read: +7 min

The company entered into an agreement with the agency pledging compliance with child labor laws and consented to third-party oversight. This is the second Senate inquiry citing NBC News reporting on child labor. JBS has zero tolerance for child labor, discrimination or unsafe working conditions for anyone working in our facilities. In a local newspaper editorial, Hearthside CEO Darlene Nicosia wrote the revelation of child labor was "a shock and major disappointment to us." Hearthside is in the midst of a 60-day independent review of child labor practices by an outside law firm, according to a spokesperson.

☆ Premarket stocks: The FDIC could ask big banks to clean up $23 billion mess
▼ + stars: | 2023-03-31 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

While regional and mid-sized banks are behind the recent turmoil, it appears that large banks may be footing the bill. Ultimately, that means higher fees for bank customers and lower rates on their savings accounts. The law also gives the FDIC the authority to decide which banks shoulder the brunt of that assessment fee. Passing it on: Regardless of who’s charged, the fees will eventually get passed on to bank customers in the end, said Isaac. In 2021, Wall Street was estimated to be responsible for 16% of all economic activity in the city.

☆ The average Wall Street bonus fell by 26% last year
▼ + stars: | 2023-03-30 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +2 min

New York CNN —The average annual Wall Street bonus fell to $176,700 last year, a 26% drop from the previous year’s average of $240,400, according to estimates released Thursday by New York State Comptroller Thomas DiNapoli. Rising interest rates, recession fears and Russia’s invasion of Ukraine hurt Wall Street firms’ bottom line. “A 26% decline brings the average bonus closer to what financial employees received prior to the pandemic,” DiNapoli said in a statement. In 2021, Wall Street was estimated to be responsible for 16% of all economic activity in the city. “While lower bonuses affect income tax revenues for the state and city, our economic recovery does not depend solely on Wall Street.

☆ Wall Street bonuses fall to pre-pandemic levels, says New York state comptroller Thomas DiNapoli
▼ + stars: | 2023-03-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWall Street bonuses fall to pre-pandemic levels, says New York state comptroller Thomas DiNapoliThomas DiNapoli, New York state comptroller, joins 'Power Lunch' to discuss the impact of the fall of wall street bonuses on the economy.

☆ The Hidden Ecosystem of Free Vacation Stuff
▼ + stars: | 2023-03-29 | by ( Dawn Gilbertson | ) www.wsj.com time to read: 1 min

Danielle Thomas dashed off one last Facebook post from Las Vegas on the way to check out of her hotel last week. It wasn’t like her others. Instead of nightclubs and a desert ATV tour, she featured a pile of Doritos, Cheetos, orange juice, coffee creamer and water bottles stashed next to a vending machine on the 16th floor at the Horseshoe Las Vegas hotel. They were leftovers from a Walmart delivery to her room at the start of her trip.

☆ Layoffs are still historically low, so why does it feel like everyone's losing their job?
▼ + stars: | 2023-03-09 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +9 min

The layoffs and discharges rate in January was 1.1%, which remains historically low. While BLS data may show a low US layoff rate overall, tech layoff announcements are important, given Pollak said that tech and finance are "synonymous with Americans' aspirations generally." "Those markets are very exposed to tech layoffs, and tech plays a disproportionate role in the economy," Terrazas added. Pollak told Insider that the layoffs at tech companies are "relatively small" and that "many companies also are not pursuing layoffs across the board." Despite the layoff rate being very low, job seekers may still be concerned about these headlines.

☆ Neil Gorsuch cast doubt on a group of atheists' lawsuit over a Florida city's prayer vigil, writing that everything done by the government 'probably offends somebody'
▼ + stars: | 2023-03-07 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

The Supreme Court declined to take up a city's appeal after atheists sued the city for hosting a prayer vigil. But Justice Neil Gorsuch seemed unconvinced, saying most government actions "probably offend somebody." The case will continue in the lower courts after the Supreme Court's rejection. The city of Ocala then appealed that decision, asking the Supreme Court to determine if the atheists were actually harmed enough by the prayer vigil to have the lawsuit move forward. On Monday, the Supreme Court declined to take up the city's case, with Neil Gorsuch choosing not to dissent from the court's decision.

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