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Search resuls for: "WASHINGTON — Top"


3 mentions found


☆ Top Senate Democrats press DOJ, SEC to investigate whether Silicon Valley Bank executives broke any laws
  + stars: | 2023-03-15 | by ( Chelsey Cox | ) www.cnbc.com   time to read: +4 min
California bank regulators shuttered SVB on Friday and the FDIC set up an intermediary bank to take over the bank's insured deposits. By Sunday, New York state bank regulators and the FDIC did the same to Signature Bank, which was a major source of lending for the cryptocurrency industry. The letter came on the heels of a joint announcement by the Justice Department and the SEC about the pending investigation into the SVB failure. Bank officials also lobbied Congress for exemptions to federal oversight regulations. "I am not prejudging this matter, and am not in position to do so," the lawmakers wrote to Gensler and Garland.
☆ Republicans seek records on SEC's climate proposal as part of push against ESG investing plans
  + stars: | 2023-02-22 | by ( Chelsey Cox | ) www.cnbc.com   time to read: +3 min
Gensler recently announced that the agency is considering adjustments to the proposal, first introduced in March 2022, after pushback from investors. Gensler told CNBC's "Squawk Box" earlier this month that the proposal simply required a clear climate transition plan from public companies. Earlier this month, McHenry formed a Republican working group on environmental, social and governance, or ESG, plans in part to target the rule disclosure. ESG platforms broadly apply to taking into account the environmental and social implications of a company's decisions, and not just its financial performance, as part of investing decisions. Many House Republicans have criticized ESG plans — but some of them have received campaign contributions from the very financial firms they are targeting.
☆ Police officers to receive Congressional Gold Medals for Jan. 6
  + stars: | 2022-12-06 | by ( Associated Press | ) www.nbcnews.com   time to read: +5 min
To recognize the hundreds of officers who were at the Capitol on Jan. 6, the medals will be placed in four locations — at U.S. Capitol Police headquarters, the Metropolitan Police Department, the Capitol and the Smithsonian Institution. Awarding the medals will be among House Speaker Nancy Pelosi’s last ceremonial acts as she prepares to step down from leadership. Officers suffered physical wounds, including brain injuries and other lifelong effects, and many struggled to work afterward because they were so traumatized. Two police officers died by suicide in the days that immediately followed, and a third officer, Capitol Police Officer Brian Sicknick, collapsed and later died after one of the rioters sprayed him with a chemical. The Congressional Gold Medal, the highest honor Congress can bestow, has been handed out by the legislative branch since 1776.
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