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Washington CNN —President Joe Biden on Wednesday signed into law an aid package providing crucial military assistance to Ukraine, capping months of negotiations and debate. The aid package, passed by the Senate late Tuesday evening and worth $95 billion in total, includes nearly $61 billion in aid to Ukraine, $26 billion for Israel and $8 billion for the Indo-Pacific. Hardline House conservatives opposed further US funding to Kyiv and threatened to oust Johnson over his handling of the negotiations. Conservatives in Congress have opposed additional assistance for what they view as an unwinnable war. Earlier this year, Biden signaled his intentions to make significant immigration-related concessions if Congress were to move forward with the aid bill.
Persons: Joe Biden, Volodymyr Zelensky, Mike Johnson, Johnson, Biden, Bill Burns, Donald Trump, Trump, Sen, Bernie Sanders, ” Sanders, Benjamin ] Organizations: Washington CNN, Senate, House Republican, Conservatives, Congress, CIA, Ukraine, Republicans Locations: Ukraine, Israel, United States, Kyiv, Europe, Russia, Gaza
Mr. Cohen has said he acted at Mr. Trump’s direction, but the former president is not charged over the payment itself. If Mr. Trump testifies in his own defense, that could pit Mr. Cohen’s word against Mr. Trump’s — a he-said, he-said story, with two questionable narrators. Mr. Trump’s lawyers will seek to emphasize Mr. Cohen’s checkered past at every turn. And, on cross-examination, Mr. Trump’s lawyers are likely to portray Mr. Cohen as a serial liar with a grudge against his former boss. Mr. Pecker can support at least some of Mr. Cohen’s testimony about Mr. Trump’s involvement in the hush-money deals.
Persons: Donald J, Trump, Alvin L, Bragg, Michael D, Cohen, Stormy Daniels, Daniel J . Horwitz, Michael Cohen, ” Mr, Horwitz, Mary Altaffer, Daniels, Trump’s, Joshua Steinglass, Donald Trump, Mr, Steinglass’s, David Pecker, Hope Hicks, Pecker, Bragg’s, Karen McDougal, Marion Curtis, reimbursements, Allen H, Weisselberg, Steinglass, McDougal, Dave Sanders, The New York Times Susan Necheles, Cohen’s, President Trump, Madeleine Westerhout, , , ” William K, Rashbaum, Maggie Haberman, Jonathan Swan, Michael Rothfeld Organizations: Prosecutors, Mr, fixer, National Enquirer, Trump, Trump . Credit, The New York Times, American Media, Associated, Locations: New York, Manhattan, Trump ., America, Russia
'I have no regrets'Andrea Jones accepted a floodplain buyout for her home in the Charlotte, North Carolina, area. CNBCAndrea Jones, 59, sold her home in the Charlotte, North Carolina, area in a floodplain buyout. On average, federal buyouts can take two to five years, though 80% of the FEMA acquisitions are approved in less than two years. Jones' buyout was delayed by the pandemic, but once she started the process up again in May 2022, things moved quickly. In addition to FEMA, the U.S. Department of Housing and Urban Development and many state and local communities fund floodplain buyouts.
Persons: Siders, Andrea Jones, CNBC Andrea Jones, Jones, Andrea Jones Jones, they're, Mathew Sanders, Sanders Organizations: Federal Emergency Management Agency, FEMA, University of Delaware's, Program, CNBC, Finance, Charitable, Congressional Research Service, U.S . Department of Housing, Urban Development Locations: Charlotte , North Carolina
Fans will pump air through the alkaline stream, which causes carbon dioxide to form solid calcium carbonate, the material from which seashells are formed, which will look like a fine sand, as well as dissolved bicarbonate. The seawater will also be sent back into the sea, ready to absorb more carbon dioxide from the atmosphere. The ambition is to scale up to 100,000 metric tons of CO2 removal a year by the end of 2026, and from there to millions of metric tons over the next few decades, Sanders told CNN. Equatic has already signed a deal with Boeing to sell it 2,100 metric tons of hydrogen, which it plans to use to create green fuel, and to fund the removal of 62,000 metric tons of CO2. It will remove just under 4,000 metric tons of carbon dioxide a year, with the aim of scaling up to 100,000 metric tons a year by the end of 2026.
Persons: Jean, Pierre Gatusso, , , Patrick T, Fallon, Equatic, Gaurav Sant, Edward Sanders, Sanders, Sant, Lili Fuhr, Fuhr, James Niffenegger, Niffenegger, “ we’re, ” Fuhr, It’s, Gatusso, ” Equatic, UCLA’s Sant, ” Sant Organizations: CNN, University of California, Sorbonne University, Getty, UCLA, National Water Agency, Port, Boeing, Center for International Environmental Law, National Renewable Energy Laboratory Locations: Vietnam, France, Singapore, Tuas, Los Angeles, LA, AFP, Port of Los Angeles
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGeorgia Gov. Brian Kemp: UAW Shawn Fain's 'Bernie Sanders-type tactics' won't play well in the SouthGeorgia Governor Brian Kemp joins 'Squawk Box' to discuss the UAW's push to unionize thousands of autoworkers in the South, why he believes unionization efforts could result in layoffs, state of the U.S. economy, inflation concerns, the EV market, and more.
Persons: Brian Kemp, Shawn Fain's, Bernie Sanders Organizations: Georgia, South Georgia, EV Locations: U.S
Australia's superannuation system mandates employer-funded retirement contributions. Meanwhile, the US retirement system has become anxiety-inducing for many, as older adults struggle to make ends meet. AdvertisementAustralian retirement system puts saving responsibility on employers, not employeesAmerica's current retirement infrastructure includes two major categories: defined contribution plans and Social Security. This differs from the American system, where retirees' money is often held between a 401(k), other accounts, and outside investments. Still, Reilly cautioned that applying Australia's retirement system to the US could negatively affect employee wages.
Persons: , Sen, Bernie Sanders, Catherine Reilly, Reilly, Larry Fink, Fink Organizations: Service, Challenger Limited, Money, TIAA Institute, Georgetown University's Center for Retirement, Social Security, BlackRock, Employers, Pew Charitable Trust Locations: Australia, America, California, Colorado
Legislative auditors in Arkansas found that the purchase last year of a $19,000 lectern by Gov. Sarah Huckabee Sanders’s office potentially violated state laws, according to a report released on Monday. But the findings may be moot after the state attorney general, Tim Griffin, said last week that state purchasing laws do not apply to the governor or other executive branch officials. Ms. Sanders, a Republican, faced sharp scrutiny for the purchase, even from members of her own party. The legislative auditors said that their report would be forwarded to the Sixth Judicial District prosecuting attorney and to Mr. Griffin’s office.
Persons: Sarah Huckabee, Tim Griffin, Sanders Organizations: Republican, Sixth Judicial Locations: Arkansas
Philadelphia CNN —Bilal Motley, utilities manager at a former Philadelphia oil refinery, was working the graveyard shift when a massive explosion broke out in the early morning hours of June 21, 2019. “This oil refinery was talked about and passed down through generations,” Sanders said. Rachael WarrinerPES is no longer functioning as a refining company, but Sunoco, whose subsidiary Evergreen owned the former PES site, did not respond to requests for comment. The PES refinery complex was the largest source of particulate air pollution in Philadelphia. Hilco Redevelopment PartnersBut UPenn’s Neises said given the scale and history of the property, Hilco will need to take its time to redevelop the area of redevelopment.
Persons: Philadelphia CNN — Bilal Motley, I’m, ” Motley, , , Motley, trekked, Hilco, Ellen Neises, they’ll, Sonya Sanders, Sanders, ” Sanders, , Rachael Warriner, Rachel Ramirez, Phil Rinaldi, Matt Rourke, Mike Smith, ” Roberto Perez, Amelia Chasse Alcivar, UPenn’s Neises, Neises, she’s, you’re, Philly Thrive’s Sanders, there’s Organizations: Philadelphia CNN, Philadelphia Energy Solutions, US Chemical Safety, Hazard Investigation, Hilco, Partners, CNN, University of Pennsylvania’s Weitzman, of Design, longtime, Evergreen, PES, Environmental Protection Agency, Drexel University, University of Pennsylvania’s School of Medicine, Philadelphia International Airport, City of, City of Philadelphia Refinery Advisory, Hilco Redevelopment Partners, Industrial Realty, ., Philadelphia Energy Solutions Refining, United Steelworkers Union, Oil Bargaining, EPA, Locations: Philadelphia, East, Schuylkill, New York City, Chicago, longtime South Philadelphia, South Philadelphia, Grays Ferry, Breeze, City of Philadelphia, New York, Delaware, Pennsylvania, Bellwether District, , Bellwether
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpirits Capital's Todd Sanders breaks down the whiskey exchange businessTodd Sanders, chairman and CEO of Spirits Capital, joins 'Power Lunch' to discuss the Whiskey business and investing in the distilled barrel financial exchange.
Persons: Todd Sanders Organizations: Spirits Capital
Three booming businesses that make Denver stand out
  + stars: | 2024-04-08 | by ( Chris Dilella | ) www.cnbc.com   time to read: +4 min
Two cities in Colorado are experiencing tech-fueled economic booms, with Denver's skyline transforming and Boulder's gross domestic product surging. However, the influx of people and businesses has brought challenges like a growing homeless population, affordability issues and infrastructure strain. A recent report shows a 24% drop in Denver's cannabis revenue compared with 2021. Major league moneymakersCameron Fleming #73 of the Denver Broncos runs onto the field before a game against the Kansas City Chiefs at Empower Field at Mile High on January 8, 2022 in Denver, Colorado. A stage for economic successA concert at Red Rocks Park and Amphitheatre outside Denver.
Persons: Amy Sparwasser, Matthew Staver, Jared Polis, Polis, Mike Johnston, moneymakers Cameron Fleming, Dustin Bradford, Deion Sanders, Prime's, John P Kelly Organizations: Denver &, Bloomberg, Getty, CNBC, Denver Department of Excise, Licenses, trailblazer, Industry, State Planning, Denver, Denver Broncos, Kansas City Chiefs, Broncos, Nuggets, Rockies, Avalanche, Analysts, University of Colorado Boulder's, NFL, University of Colorado, Boulder, Rocks Locations: Denver, CNBC's, Colorado, Success, Denver & Boulder, Denver , Colorado, Chicago , New York, Los Angeles, University of Colorado Boulder
Stocks rallied Friday after the latest jobs report came in piping hot. The Dow rose 307 points, or 0.8%, after climbing more than 400 points at the day's highs. Still, all three major indexes ended the week lower, starting the second quarter of the year on a sour note. While the latest jobs report supports the idea that the US economy is holding strong against interest rates at a 23-year high and could avoid a recession, it also puts into question when the Federal Reserve will begin its long-awaited rate cuts. The US economy added 303,000 jobs last month, according to data released Friday by the Labor Department.
Persons: Stocks, Mike Sanders Organizations: Dow, Nasdaq, Federal Reserve, Labor Department, Fed, Madison Investments
But the rattling shook buildings in New York City and drove startled residents into the streets. Image The command room of New York City Emergency Management. Today’s earthquake Magnitude 4.8 Conn. Pa. 1964 4.5 1994 4.6 250-mile radius from New York City Md. 250-mile radius from New York City Del. While earthquakes in New York City are surprises to most, seismologists say the ground is not as stable as New Yorkers might believe.
Persons: , Kathy Hochul, ” Gov, Philip D, Murphy, Con Edison, Eric Adams, , Adams, Zach Iscol, Dave Sanders, Ron Hamburger, Valorie Brennan, Ada Carrasco, The New York Times “ I’ve, Kristina Feeley, Feeley, Folarin, “ There’s, Kolawole, Lazaro Gamio, Riyad H, Mansour, Janti, Hamburger, Michael Kemper, Clara Dossetter, David Dossetter, Dossetter, ’ ”, Lola Fadulu, Gaya Gupta, Hurubie Meko, Michael Wilson, William J . Broad, Kenneth Chang, Emma Fitzsimmons, Sarah Maslin Nir, Erin Nolan, Mihir Zaveri, Maria Cramer, Grace Ashford, Camille Baker, Liset Cruz, Michael Paulson, Patrick McGeehan, Troy Closson Organizations: , United States Geological Survey, Police Department, Fire Department, Con, Gracie Mansion, The New York Times, Whitehouse, New York City Emergency Management, Credit, Lamont, Columbia University, Maine CANADA, New York City Del, Lincoln Center, New York Philharmonic, United Nations, Children U.S, Security, New York Police, United Airlines, Newark Liberty International Airport Locations: Newark, New Jersey, Manhattan, Philadelphia, Boston, New York City, New York, Rockland County, Murphy of New Jersey, Whitehouse, N.J, California, Japan, Zach Iscol , New York, New, Northridge, Los Angeles, Califon, Marble, Ramapo, New York , New Jersey, Pennsylvania, Palisades, N.Y, N.H, Pa, New York City Md, Del, Va, Maine, R.I, Md, Palestinian, Gaza, East Coast, , York, San Francisco, Gaya
Despite repeatedly expressing its frustration with Israeli tactics, the White House has been unwilling or unable to impose any leverage on the prime minister. There was no immediate response from the prime minister, who held a cabinet meeting after the call that he used to warn that Israel will defend itself against Iran. The Israeli prime minister is a consummate Washington player and has been engaging with Biden’s Republican foes on Capitol Hill, in an alliance that could increase political complications for the president if he creates deeper fractures with the Israeli prime minister. If Biden eventually assesses his warnings are falling on deaf ears, his credibility will depend on him publicly imposing a cost on the Israeli prime minister. But Biden’s political imperatives and the increasing humanitarian price of the war in Gaza mean he’s approaching a fateful crossroads.
Persons: Joe Biden, Benjamin Netanyahu, Netanyahu, Biden, , Antony Blinken, Delaware Sen, Chris Coons, Blinken, Israel, John Kirby, Israel –, fulsomely, Biden didn’t, Leon Panetta, CNN’s Jake Tapper, , Independent Sen, Bernie Sanders, Tapper, , ” Sanders, ” Netanyahu’s, ” Netanyahu, ” Kirby, Mike Johnson Organizations: CNN, Arab, Israel, Israel Defense Forces, Democrat, White, Democratic, White House, National Security Communications, Independent, Hamas, Islamic, Islamic Revolutionary Guard Corps, United, Washington, Republican, GOP Locations: Israel, Gaza, United States, Delaware, Palestinian American, Brussels, Washington, Vermont, Iran, Islamic Republic, Damascus, Rafah
Read previewSome key changes are on the way for thousands of federal student-loan borrowers in public service. President Joe Biden's Education Department recently posted new guidance on Federal Student Aid's website with updates to the Public Service Loan Forgiveness program. Once PSLF processing resumes in July, borrowers' loans will remain with their servicer, but the Education Department will fully manage the program. As a result, borrowers can view their PSLF payments directly on studentaid.gov, access "enhanced" services like status tracking for their applications, and see quicker processing times for PSLF. AdvertisementOn top of this transition, MOHELA is in the process of transitioning borrowers to a new servicing platform, which could mean up to 30-day delays in posting payments.
Persons: , Joe Biden's, MOHELA, that'll, PSLF, Grant, Massachusetts Sen, Elizabeth Warren, Warren, Chuck Schumer, Sen, Bernie Sanders Organizations: Service, Joe Biden's Education Department, Federal, Public, Business, Teacher, College And Higher, Federal Student Aid, Education Department, PSLF, Protection Locations: Massachusetts
Yet those numbers are reversed when asked to rate the state’s economy. In Wisconsin, negative views of the national economy outweigh positive ones by 16 points, while positive views of the state economy outweigh negative ones by 17 points. Across these battleground states, 46% of registered voters said their personal financial situation is headed in the right direction. Now, more than half of registered voters in the Wall Street Journal poll of battleground states said they either strongly or somewhat approve of the job Trump did as president. Biden is neck-and-neck with Trump among registered voters in those seven swing states on the question of protecting democracy.
Persons: Joe Biden, Donald Trump, Larry Summers, Summers, Biden, Ariel Edwards, Levy, Edwards, “ People’s, , It’s, Trump, Biden’s, Joe, Jill Biden, Robert F, Kennedy Jr, “ He’s, ” Jill Biden, Will, Sen, Bernie Sanders, Sanders “, George W, – Trump’s, Bush Organizations: CNN — Voters, Wall Street, Biden, Treasury, Federal Reserve, Gallup, Journal, Street, CBS, Vermont, White, Big Pharma, Medicare, CNN, Republican, Trump, Capitol Locations: Arizona, Georgia, Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin, North Carolina, brag, Iraq
“However, I am fully aware that I’m creating another problem for myself down the road.”For now, his retirement plans sit on the back burner. Retirement savings in the United States were long thought of as a three-legged stool. Americans had pension plans, Social Security benefits, and defined contribution plans like the 401(k). Social Security payments still provide about 90% of income for more than a quarter of older adults, according to Social Security Agency surveys. She’s had to rely on her 401(k) retirement savings to support her and her son more than once.
Persons: Eric Payne, there’s, , Payne, I’ve, he’ll, What’s, Larry Fink, , , ” Fink, Fink, Jamie, She’s, – Jamie, wasn’t, Donald Trump, ” Trump, Joe Biden, Karoline Leavitt, Trump, Biden, Bernie Sanders, Sanders, BlackRock’s Fink, Beth, ” Beth Organizations: New, New York CNN, CNN, Social Security, Social, Social Security Agency, Security, Lawmakers, BlackRock, CNBC, Vermont Independent, Medicare Locations: New York, Portland , Maine, United States, Central Texas, Pittsburgh
Bernie Sanders said the US could not "beg" Israel to stop bombing civilians and then continue to supply arms. The Biden Administration has authorized a new package worth billions in fighter jets and bombs for Israel. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA new US arms package for Israel worth billions of dollars in fighter jets and bombs is facing major criticism from some politicians. The Biden Administration has authorized the transfer of more than 1,800 2,000-pound bombs to Israel, The Washington Post reported, citing unnamed Pentagon and State Department officials familiar with the matter.
Persons: Bernie Sanders, Biden, , Vermont Sen, Netanyahu Organizations: Biden Administration, Service, The Washington Post, Pentagon, State Department, Business Locations: Israel, The, Vermont
Biden Wins the North Dakota Democratic Primary
  + stars: | 2024-03-30 | by ( Associated Press | March | At P.M. | ) www.usnews.com   time to read: 1 min
BISMARCK, N.D. (AP) — President Joe Biden has won North Dakota's Democratic presidential primary. The state party on Saturday announced the results of the mostly mail-in primary. Former President Donald Trump won the North Dakota Republican Party's March 4 presidential caucuses, taking all 29 delegates. Biden and Trump have already secured enough delegates for their parties' nominations, lining up the first presidential rematch election since 1956. Sen. Bernie Sanders won the North Dakota Democratic caucuses in 2016 and 2020.
Persons: Joe Biden, Donald Trump, Trump, Sen, Bernie Sanders Organizations: N.D, North, Democratic, Saturday, North Dakota Republican Party's, Biden, North Dakota Democratic Locations: BISMARCK
AdvertisementThe much-coveted four-day workweek is back in the news this month after Sen. Bernie Sanders introduced new legislation and held a congressional hearing calling for a 32-hour national workweek. The buzz around a shorter workweek became a certified boom with the COVID-19 pandemic. AdvertisementThe four-day workweek has, in many ways, become shorthand for any shorter workweek, encompassing a wide variety of flexible schedules. Attracting top-tier employees is just one reason Dimitri Cavathas, CEO of Lower Shore Clinic, started considering a four-day workweek for his company. Lawmakers in several states have introduced legislation posing four-day workweek trials or research programs, including California, Massachusetts, Maryland, and Hawaii, though none have passed yet.
Persons: workweek, , Sen, Bernie Sanders, Richard Nixon, Alex Soojung, Kim Pang, haven't, Pang, You've, Phil McParlane, McParlane, Getty, nix, Dimitri Cavathas, Cavathas, Paul Sancya Organizations: Service, Global, Panasonic, Lower Shore Clinic, United Auto Workers, AP, Fortune Locations: Scotland, Maryland, Greece, The Maryland, California , Massachusetts, Hawaii, US
Spears reprised her role as Zoey for a movie sequel, "Zoey 102," released on Paramount+ in July 2023. Dana Hawley/Paramount+Many fans speculated that "Zoey 101" ended due to Spears' pregnancy at 16 years old. After her time on Nickelodeon, Spears switched her focus to singing, much like her older sister Britney Spears. In July 2020, the "Zoey 101" cast reunited for a sketch as part of the Nickelodeon show "All That." The "Zoey 101" film sequel, titled "Zoey 102," was released in summer 2023, and followed Zoey and her friends as they reunited for Quinn and Logan's wedding.
Persons: Spears, Zoey, Jamie Lynn Spears, Zoey Brooks, Dana Hawley, didn't, Casey Aldridge, Maddie Briann, Aldridge, Jamie Watson, Ivey Joan, Britney Spears, Britney, Quinn, Erin Sanders, Quinn Pensky, Sean Flynn, Chase Matthews, Matthew Underwood, Logan Reese, Christopher Massey, Michael Barrett, Abby Wilde, Stacey Dillsen, Jack Salvatore, Mark Del Figgalo, She's, Woods Organizations: Paramount, Nickelodeon, Grand Ole Opry, Radio Disney, Netflix Locations: Louisiana
Bernie Sanders wants to make Ozempic cheaper
  + stars: | 2024-03-28 | by ( Geoff Weiss | ) www.businessinsider.com   time to read: +2 min
Sen. Bernie Sanders said the price of Ozempic is "outrageously high." A recent study found that Ozempic can be made for less than $5 per month — but it costs nearly $1,000. AdvertisementSen. Bernie Sanders is outraged by the price of Ozempic — so much that he wants to meet with the CEO of its maker, pharma giant Novo Nordisk, Bloomberg reports. Related stories"A new Yale study found that Ozempic costs less than $5 a month to manufacture," Sanders said in a statement. Novo Nordisk also spent $5 billion on R&D globally in 2023, the company said.
Persons: Sen, Bernie Sanders, , Sanders, Lars Fruergaard Jørgensen, Sanders — Organizations: Novo Nordisk's, Bloomberg, Service, pharma, Novo Nordisk, Health, Education, Labor, Yale, Nordisk Locations: Novo, GLP, Canada, Germany, U.S, America
(AP) — A report detailing the audit of a $19,000 lectern purchased for Arkansas Gov. Norman said the governor's office requested an extension for its “management response," which is included in reports issued by the Division of Legislative Audit, and that response is due Friday. Legislative Audit conducts more than 1,000 reviews of state agencies, school districts and local governments every year. Sanders’ office said it received the lectern in August. Sanders' office did not immediately respond to a request for comment Wednesday.
Persons: Sarah Huckabee Sanders, Roger Norman, Norman, Sanders, Sanders ’, Donald Trump, It's Organizations: Arkansas Gov, Wednesday, Division, Legislative Audit, Republican Party of Arkansas, Republican Locations: Virginia
In an AP-NORC poll conducted in February, 38% of U.S. adults approved of how Biden was handling his job. Black adults are more likely than white and Hispanic adults to approve of Biden, but that approval has dropped in the three years since Biden took office. This is stuff that requires work,” Quentin Fulks, principal deputy campaign manager for the Biden campaign, said in an interview. Still, the Biden campaign and the broader Democratic Party are confronting their own struggles, despite their cash and organizational advantages. And in Nevada, Biden will continue promoting a new housing proposal that would offer a mortgage relief credit for first-time homebuyers and a seller's tax credit to encourage homeowners to offload their starter homes.
Persons: Joe Biden, Harris, Biden, Donald Trump, They're, Trump, Jill Biden, ” Quentin Fulks, , , Maria Cardona, White, Lael Brainard, Sen, Catherine Cortez Masto, , ” Cortez Masto, Linley Sanders, biden Organizations: WASHINGTON, Democratic, Biden, Asian American, Bilingual, GOP, Republican National, Trump, RNC, Trump's, Democratic Party, AP VoteCast, , White, National Economic Council, Republican, Associated Press Locations: Nevada , Arizona, Texas, Reno , Nevada, Washoe County, Las Vegas, Phoenix, U.S, Arizona, Maryvale, Nevada and Arizona, Biden's State, Biden’s, Nevada , Pennsylvania, North Carolina, Wisconsin, In Arizona, Nevada, Dallas, Houston
Read previewMassachusetts Sen. Elizabeth Warren has questions for the head of a major student-loan company — and she wants him to answer them in Congress next month. On Monday, Warren sent a letter to Scott Giles, the CEO of federal student-loan servicer MOHELA, inviting him to testify before the Senate banking committee on April 10. MOHELA was the first federal servicer to be punished by the Education Department for failing to fulfill its contractual obligations. "Your testimony will provide you with an opportunity to offer context on MOHELA's role as a student loan servicer at a time of significant transition for the federal student loan program," she added. Warren, along with other Democratic lawmakers, has previously scrutinized MOHELA's handling of student-loan borrowers' accounts.
Persons: , Massachusetts Sen, Elizabeth Warren, Warren, Scott Giles, servicer MOHELA, MOHELA, servicer, Chuck Schumer, Sen, Bernie Sanders, PSLF, I'm Organizations: Service, Public, Business, Education Department, Democratic, Consumer Financial Protection Bureau Locations: Massachusetts, Nelnet
Bernie Sanders has introduced a bill to bring in a 32-hour workweek for American workers. Sanders introduced legislation for a four-day workweek on Wednesday, saying people are overworked. The four-day workweek has gained momentum in recent years, with trials showing it makes workers happier and more productive. AdvertisementBernie Sanders introduced new legislation on Wednesday calling for a 32-hour workweek in the US, which would see workers earn the same as they would during a 40-hour workweek. AdvertisementA 2023 McKinsey report found that tasks that make up 30% of people's work hours will be automated by 2030.
Persons: Bernie Sanders, Sanders, workweek, , Sen, Laphonza Butler, Mark Takano, Bill Cassidy, Sam Altman, I'm, Jo Sims Organizations: Service, Democratic, Wall, Republican, Health, Education, Labor, Pensions, New York Times, US Bureau of Labor Statistics, McKinsey, Business, Case Management Locations: California, Louisiana, Australia
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