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WASHINGTON (AP) — Charles and Kathleen Moore are about to have their day in the Supreme Court over a $15,000 tax bill they contend is unconstitutional. "If you haven’t received any income, how can you be required to pay income taxes?” Charles Moore asks in a video posted by the Competitive Enterprise Institute. But far from being a passive investor with no influence over the company, Moore, who worked at Microsoft during his career in software development, served on KisanKraft's board of directors for five years. One other inconsistency is that while the Moores say they jointly invested the money, only Charles Moore's name appears in company documents. Rosenthal said that “the ugly facts matter” and that the justices could return the Moores' case to a lower court without ruling on it.
Persons: — Charles, Kathleen Moore, Charles Moore, Moores, Paul Clement said, Donald Trump, haven’t, ” Charles Moore, Moore, Charles, KisanKraft, ” Mindy Herzfeld, Charles Moore's, , Reuven Avi, Yonah, Andrew Grossman, Steven Rosenthal, Rosenthal, John Roberts, Clarence Thomas, Ginni, Ravindra “ Ravi ” Kumar Agrawal, , ” Moore, Samuel Alito, David Rivkin, Alito, Rivkin, Fatima Hussein Organizations: WASHINGTON, Enterprise Institute, Foundation, Republican, U.S . Chamber of Commerce, Competitive Enterprise Institute, Microsoft, University of Florida, KisanKraft, University of Michigan, Associated Press, Urban, Brookings Tax, Center, Moores, ___ Associated Locations: Redmond , Washington, India, county Limerick, Ireland, Nebraska, Colorado, Washington, ___
House Republicans ended Friday without naming a new House speaker. Congress is historically motivated by deadlines, but there's nothing forcing House Republicans to move forward. Some more centrist House Republicans have floated cutting a deal with Democrats, but this is still very unlikely. We do know that a new speaker must be elected by a full House vote. AdvertisementAdvertisement"At this point, the acting Speaker pro temp is not the leader of his party," Green said.
Persons: Jim Jordan of, it's, here's, , Kevin McCarthy's, They've, Pro Tempore Patrick McHenry, Jim Jordan, Sarah Binder, J, Scott Applewhite, Jordan, Austin Scott, hasn't, Mike Collins, McHenry, He's, Nancy Pelosi, Steny Hoyer, Matthew Green, Green, Patrick McHenry, McCarthy, couldn't, Jim McGovern, tempore, Binder Organizations: Service, Pro Tempore, Lawmakers, Republicans, Government, Brookings Institution, Republican, Georgia Republican, Democratic, House Republicans, , Capitol, North Carolina Republican, Financial Services, Politico, Catholic University, Republican Party, House Democrat Locations: Jim Jordan of Ohio, Ohio, Georgia, Jordan, meer, McHenry, Iran
Israel appears to be preparing for a ground invasion of Gaza where it hopes to wipe out Hamas. The attacks prompted a swift and strong counter response from Israel which declared war on Hamas and vowed to lay siege to Gaza. But even the total eradication of Hamas would fail to solve the tensions between Israel and Palestinians, Telhami said. "If Israel wipes out Hamas and leaves Gaza, either Hamas resurges or a more violent option rises," he said. The near future almost certainly includes more civilian deaths and an escalation of violence in Gaza , according to experts.
Persons: Israel, , Alon Burstein, Shibley Telhami, Anwar Sadat, Burstein, Mohammed Salem, Kenneth Gray, Al, Telhami Organizations: Service, Israel, Department of Political Science, University of California, US, Peace, Development, University of Maryland, Brookings Institution, West Bank, Rockets, Palestinian, REUTERS, University of New, FBI, Brigades, Palestinian Authority, Israel Defence Forces, Israel Defense Forces Locations: Gaza, Palestinian, Israel, Irvine, Egypt, Hamas, University of New Haven, Palestine's, Lebanon
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnrealized losses on bank balance sheets have restricted lending, says Bridge 2 Partners' GrahamPaul Graham, lending and data governance practice leader at Bridge 2 Partners, and Aaron Klein, senior fellow in economic studies at The Brookings Institute, join 'The Exchange' to discuss unrealized losses on bank balance sheets leading to tighter lending standards, whether banks should receive a bailout for unrealized losses, and what a TARP 2.0 could look like.
Persons: Graham Paul Graham, Aaron Klein Organizations: Partners, Brookings Institute
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael's goal of evacuation from Gaza is not realistic, says Brookings Institute's Michael O'HanlonMichael O'Hanlon, Brookings Institute senior fellow, joins 'Squawk on the Street' to discuss what's playing out in the Israel-Hamas conflict, the endgame for Israel, and more.
Persons: Michael O'Hanlon Michael O'Hanlon, Israel Organizations: Brookings, Brookings Institute Locations: Gaza, Israel
United States domestic oil production hit an all-time high last week, contrasting with efforts to slice heat-trapping carbon emissions by the Biden administration and world leaders. Weekly domestic oil production has doubled from the first week in October 2012 to now. White House officials have long considered increased oil production inside the United States as a bridge to help soften the transition to renewable energy sources. She said U.S. oil is less carbon-intensive than other oil, an argument the UAE’s oil company also makes. “Demand drives production — we need to change the whole system to reduce oil demand.”“Replacing oil in power production is a lot easier than replacing oil in transportation,” Gross said in an email.
Persons: Biden, Bill Hare, Hare, , John Sterman, Rob Jackson, , ” Jackson, Samantha Gross, ” Gross, ” Stanford’s Jackson, ” Jared Bernstein, ” Bernstein, “ They’ve, They’ve, Joshua Boak, ___ Read, Seth Borenstein Organizations: Biden, U.S . Department of Energy’s Energy, Administration, United Nations, United Arab Emirates, Exxon, Mobil, Cote d’Ivorie, Interactive, ” Stanford University, Carbon, White, Brookings Institution, Energy, EIA, Republican, House Energy, Commerce, American Energy, White House Council, Economic Advisers, Wildlife, Associated Press, Washington , D.C, Twitter, AP Locations: U.S, Norway, Australia, United Kingdom, Canada, France, Shell, Guyana, Cote, United States, Saudi Arabia, Alaska, Washington ,
William A. Galston writes the weekly Politics & Ideas column in the Wall Street Journal. He holds the Ezra K. Zilkha Chair in the Brookings Institution’s Governance Studies Program, where he serves as a senior fellow. A participant in six presidential campaigns, he served from 1993 to 1995 as Deputy Assistant to President Clinton for Domestic Policy. Mr. Galston is the author of 10 books and more than 100 articles in the fields of political theory, public policy, and American politics. A winner of the American Political Science Association’s Hubert H. Humphrey Award, he was elected a Fellow of the American Academy of Arts and Sciences in 2004.
Persons: William A, Galston, Ezra K, Saul Stern, Dean, Clinton, Association’s Hubert H, Humphrey Organizations: Street, Zilkha, Brookings Institution’s, Brookings, School of Public Policy, University of Maryland, Institute for Philosophy, Center for Information, Research, Civic, National Commission, Domestic, Liberal Pluralism, Public, Rowman & Littlefield, Liberal Democracy, Yale, American, American Academy of Arts and Sciences Locations: Brookings
Hamas-Israel war: What's happening on Day 4
  + stars: | 2023-10-10 | 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 EmailHamas-Israel war: What's happening on Day 4Natan Sachs, director of the Center for Middle East Policy at the Brookings Institute, and Steven Cook, senior fellow for Middle East Studies at the Council on Foreign Relations, join 'Squawk on the Street' to discuss the possibility of urban corridor warfare between Israel and Hamas, where the risk is greatest in the war in Israel, and the potential alliances surrounding this war.
Persons: Natan Sachs, Steven Cook Organizations: Hamas, Center for Middle East, Brookings Institute, Middle East Studies, Council, Foreign Relations Locations: Israel
LONDON, Oct 10 (Reuters Breakingviews) - US policymakers underplayed the spike in consumer prices in 2021. In this Exchange podcast, Don Kohn, senior fellow at the Brookings Institution and former Fed vice chair, argues that a rule change a year earlier was a key reason why the central bank failed to lift rates faster. Listen to the podcastFollow @guerreraf72 on XSubscribe to Breakingviews’ podcasts, Viewsroom and The Exchange. Editing by Oliver TaslicOur Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Don Kohn, Oliver Taslic Organizations: Reuters, Brookings Institution, Fed, Thomson
Next EU chief will need cash more than trade wars
  + stars: | 2023-10-10 | by ( Rebecca Christie | ) www.reuters.com   time to read: +8 min
What she sidestepped was how to find more cash and convince member states to pay up. Von der Leyen, or her successor, will have to figure out how to pay for enlargement. Von der Leyen tapped into trade frustrations with her pledge to investigate and possibly punish Chinese subsidies for car and battery makers. During her first term, von der Leyen succeeded in connecting the EU with bond investors via the 800 billion euro NextGenerationEU borrowing programme. A second term will require even more finesse to convince EU member states to raise money not just from markets, but from themselves.
Persons: Ursula von der, European Union won’t, der, von der Leyen’s, Greens –, der Leyen, Emmanuel Macron, Thierry Breton, Norway’s Jens Stoltenberg, Von der, Carlo Bastasin, Von der Leyen, von der Leyen, sceptics, Ursula von der Leyen, Charles Michel’s, Jens Stoltenberg’s, Francesco Guerrera, Streisand Neto, Thomas Shum Organizations: Reuters, European Union, Bank, EU, European Commission, Socialists, Greens, NATO, Reuters Graphics Reuters, Brookings, handouts, Organisation for Economic Co, Transport, Environment, Thomson Locations: BRUSSELS, Ukraine, Moldova, Western, Brussels, Germany, Bosnia, Herzegovina, Montenegro, Serbia, Albania, North Macedonia, Kosovo, Turkey, Georgia, Spain, Poland, United States, China, Ireland, Netherlands, EU, EU’s, Hungary
The program, called the U.S. President’s Emergency Plan for AIDS Relief Program, or PEPFAR, started in 2003 by President George W. Bush. Congress missed the Sept. 30 deadline to renew funding for PEPFAR before it expired. The policy had not been included as a part of PEPFAR funding until 2017, when the Trump administration expanded the policy to include it as a part of the program. Advocates for PEPFAR contend the program does not directly or indirectly fund abortion services. For some countries, the health benefits of the PEPFAR program go beyond its mission of reducing the spread of AIDS.
Persons: George W, Joe Biden, PEPFAR, , , Chris Smith, Biden, Ronald Reagan, Trump, Bush, George Ingram, Matthew Miller, ” Miller, reauthorization, Ingram, ” Ingram, Carlos del Rio Organizations: U.S, President’s, AIDS Relief, U.S . State Department, PEPFAR, Congress, House Republicans, Biden Administration, House Global Health, Senate, Senators, Republicans, Center for Sustainable Development, Brookings Institute, Kaiser Family Foundation, Program, Emory University School of Medicine, State, Committee, Infectious Diseases Society of America Locations: U.S, New Jersey, Mexico, Washington, Africa, China, Russia
Signage is seen at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., May 14, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsCompanies Consumer Financial Protection Bureau FollowOct 6 (Reuters) - The top U.S. agency for consumer financial protection is considering regulatory moves to help protect the public from the kind of excessive surveillance of their financial data enabled by payment structures in China, its director said on Friday. This will involve ordering some large U.S. tech firms to provide information on their use of personal data and private currencies, Rohit Chopra, director of the U.S. Consumer Financial Protection Bureau (CFPB), said in a speech. "It's critically important for American consumers to have stronger protections against excessive surveillance and misuse of our data," Chopra said in a speech at the Brookings Institution in Washington. The Consumer Financial Protection Bureau's "open banking" proposal is expected to give consumers the ability to switch service providers more easily and control how financial tech service providers collect consumer data.
Persons: Andrew Kelly, Rohit Chopra, Chopra, Chopra's, Douglas Gillison, Chizu Nomiyama, Bill Berkrot Organizations: Consumer Financial Protection Bureau, Washington , D.C, REUTERS, Consumer Financial, U.S, U.S . Consumer Financial Protection Bureau, Brookings Institution, Consumer, Thomson Locations: Washington ,, China, Washington
But affordability isn't an issue in the world's biggest city, Tokyo. In collectivist Japan, housing policy is designed to benefit the most people possible. Earthquakes and small homesAnother feature of the Japanese housing market is purely situational: The country is a hotspot for earthquakes. Could the US import Japanese housing policy? Japan's housing policy "is now quite well understood" among American housing advocates and scholars, he says, "whereas it was not even three years ago."
Persons: metropolises, Eric Adams, Alan Durning, Durning, Jiro Yoshida, NIMBYism, Jenny Schuetz, Yoshida, Schuetz, André Sorensen, there's, Sorensen, Nolan Gray, Impermanence, Gray, tradeoffs, Eliza Relman Organizations: US, America it's, New York City, Sightline, Pennsylvania State University, Brookings Institution, University of Toronto, Earthquakes Locations: Los Angeles, Miami, New York, San Francisco, Tokyo, it's, America, Paris, Japan, inequity, Montana, California, United States, Vienna, Amsterdam, California , Oregon, Washington
Some childcare operators told Insider the end of pandemic-era funding could make the problem worse. To keep the doors open at her Southampton Township, New Jersey, childcare center, she needs to find new clients or new funding. Jackson is just one of many providers across the US entering a period of uncertainty after a pandemic-era infusion of federal childcare funding ran out at the end of last month. That funding expired on Saturday, along with $13.5 billion in childcare funding from other pandemic-era legislation. She added: "What we're likely to see is childcare providers doing everything they can to continue to operate.
Persons: , Jackson, Patti Smith, Joe Biden's, they'd, Allyx Schiavone, Lauren Bauer, Molly Kinder, Julie Kashen, Kashen, Schiavone, Cristi Carman, they're, Carman, Shannon Hampson, Hampson, we're, Rep, Katherine Clark, Julia Pollak, ZipRecruiter, there's, Grant Organizations: Service, Greenway, National Association for, Education of Young Children, Rescue, Friends Center for Children, American Progress, Brookings Institution, The Century Foundation, Care, American Locations: Southampton Township , New Jersey, Maryland, Lincoln , Nebraska
White non-Hispanic families in the U.S. have a median wealth of $188,200, compared with $36,100 for Hispanic families, according to data analyzed by the Brookings Institution. In 2016, about half of Hispanic families weren't able to contribute anything to the costs of their children's higher education, UnidosUS, an advocacy organization, found. Overall, Latinos borrow less than their white peers to pay for college, but "they face challenges repaying student loans when they do borrow," said higher education expert Mark Kantrowitz. Most Latinos at institutions of higher education are the first in their families to go to college. Elizabeth Zamudio vice president of education at UnidosUS
Persons: Ana Paula Cortes, David Ferreira, Inequity, Cortes, Elizabeth Zamudio, Mark Kantrowitz Organizations: Center for, Brookings Institution, UnidosUS, Gallup Locations: Mexico, U.S
WASHINGTON (Reuters) - The U.S. narrowly dodged its fourth partial government shutdown in a decade on Sunday, but the past week exposed the depths of political dysfunction in Washington and particularly within the splintered House Republican caucus. “The dysfunction caucus at work,” Republican Representative Don Bacon told reporters earlier this month, after hardliners blocked consideration of a defense appropriations bill that finally passed on Thursday. He’s a charlatan,” Representative Mike Lawler, a centrist Republican from New York, said of Gaetz after the failed Republican stopgap vote. There are a lot of personalities at play here, and multiple strategic objectives,” Republican Representative Kat Cammack told reporters. “There’s this sort of strange woulda-coulda-shoulda -- appropriations should have just moved faster,” said Republican Representative Dan Crenshaw.
Persons: Ken Cedeno, Kevin McCarthy, Donald Trump, , Sarah Binder, McCarthy, Trump, Joe Biden, Biden, Trump’s, Moody’s, Earl Blumenauer, , Don Bacon, Monica De La, Matt Gaetz, “ He’s, He’s, Mike Lawler, Gaetz, , Kat Cammack, Chuck Schumer, Rosa DeLauro, Dan Crenshaw Organizations: WASHINGTON, U.S, Republican, Capitol, REUTERS, Brookings Institution, Democratic, Senate, Aaa, ” Democratic, Republicans, Biden, Republican Party, Reuters, Trump Locations: Washington, Washington , U.S, House, United States, Monica De La Cruz of Texas, New York
Shutdown near-miss illustrates Washington dysfunction
  + stars: | 2023-10-01 | by ( David Morgan | ) www.reuters.com   time to read: +6 min
REUTERS/Ken Cedeno Acquire Licensing RightsWASHINGTON, Oct 1 (Reuters) - The U.S. narrowly dodged its fourth partial government shutdown in a decade on Sunday, but the past week exposed the depths of political dysfunction in Washington and particularly within the splintered House Republican caucus. "The dysfunction caucus at work," Republican Representative Don Bacon told reporters earlier this month, after hardliners blocked consideration of a defense appropriations bill that finally passed on Thursday. He's a charlatan," Representative Mike Lawler, a centrist Republican from New York, said of Gaetz after the failed Republican stopgap vote. There are a lot of personalities at play here, and multiple strategic objectives," Republican Representative Kat Cammack told reporters. "There's this sort of strange woulda-coulda-shoulda -- appropriations should have just moved faster," said Republican Representative Dan Crenshaw.
Persons: Ken Cedeno, Kevin McCarthy, Donald Trump, Sarah Binder, McCarthy, Trump, Joe Biden, Biden, Trump's, Moody's, Earl Blumenauer, Don Bacon, Monica De La, Matt Gaetz, He's, Mike Lawler, Gaetz, Kat Cammack, Chuck Schumer, Rosa DeLauro, Dan Crenshaw, David Morgan, Jason Lange, Moria, Carolina Mandl, Scott Malone, Daniel Wallis Organizations: U.S, Capitol, REUTERS, Rights, Republican, Brookings Institution, Democratic, Senate, Aaa, House Republicans, Biden, Republican Party, Reuters, Trump, Republicans, Thomson Locations: Washington , U.S, Washington, House, United States, Monica De La Cruz of Texas, New York, Moria Warburton
Cars drive along a flooded street on Church Avenue amid a coastal storm on September 29, 2023 in the Flatbush neighborhood of Brooklyn borough New York City. And more than a decade after Hurricane Sandy forced officials to rethink the meaning of climate resilience in New York City, it appears there's still much to be done. Kathy Hochul declared a state of emergency for New York City, Long Island and the Hudson Valley, calling the storm a "life-threatening rainfall event." The storm caused about $19 billion in damage to New York City. In densely populated cities like New York, flooding risks are heightened because of the built environment and lack of green spaces.
Persons: Michael M, Hurricane Ida, Hurricane Sandy, Joseph Kane, Steve Bowen, Gallagher, Bowen, Kathy Hochul, Eric Adams, Spencer Platt, Zachary Iscol, Sandy, Superstorm Sandy, Louise Yeung, Yeung, Hurricane Sandy —, Ida, Mona Hemmati, Hemmati, Andrew Kelly Organizations: Brooklyn borough New, Santiago, Getty, Hurricane, Brookings Institute, NBC News, Gallagher Re, . New York Gov, York City, Prospect, Columbia Climate School, New York City Department of Environmental Locations: Flatbush, Brooklyn borough, Brooklyn borough New York City, New York City, Brooklyn, New York, New York , New Jersey, Connecticut, Long, Hudson, York, Brooklyn Borough, Zachary Iscol , New York, Hurricane, Atlantic City, New Jersey, Manhattan, Williamsburg, U.S
The Biden administration rule — which took effect Jan. 30 — was one facet of a White House effort to address climate change. Biden's ESG rule replaced a regulation issued by the Trump administration. That's because ERISA, a federal retirement law, disallows employers from picking investments for ideological reasons. The Biden administration was concerned that the spin around the Trump rule might have chilled plans' willingness to consider ESG factors. "The Biden administration was concerned that the spin around the Trump rule might have chilled plans' willingness to consider ESG factors in evaluating plan investments," Iwry said.
Persons: Joe Biden, Marty Walsh, Anna Moneymaker, , Biden, Biden's, Trump, PSCA, Andrew Oringer, Oringer, DOL, gunning, Mark Iwry, Obama, Matthew Kacsmaryk, Mark Iwry nonresident, Iwry, Mischa Keijser Organizations: Labor, White, Getty, of America, U.S . Department of Labor, Northern District of Texas, Wagner Law, Department of Labor, Biden, Trump, Brookings Institution, U.S . Department of, Treasury, Brookings, Labor Department Locations: Rose, Northern District, Texas
Patients with private health insurance aren't likely to see a drop in costs from the negotiations. Longo said the price-setting provisions will drive research and investment away from treatment options for Medicare patients. If drug companies won't come to the negotiating table to lower drug prices paid by private insurers, those insurers could take the companies' drugs off their lists of covered medications. Or, if private insurance companies don't negotiate drug prices down for their patients, patients in some cases could seek out different insurance. "These are not full solutions, but they are the beginning of cracks in the facade" of drug companies' constant price hikes, Feldman said.
Persons: Biden, Juliette Cubanski, Jeffrey Davis, Davis, Richard Frank, , Nicole Longo, Longo, it's, — aren't, Robin Feldman, Feldman, Cuban's Organizations: Medicare, Healthcare, Morning, Centers, Services, Congressional, McDermott, Consulting, Brookings Schaeffer Initiative, Health, Pharmaceutical Research, Manufacturers of America, PhRMA, University of California Law School, Costco, Pharmaceutical Locations: Lower
The Q3 survey of corporate finance chiefs finds a sharp rise in CFOs pointing to government regulation as the biggest risk factor for their business. From Q1 to Q3 2023, the percentage of CFOs saying government regulation is their biggest risk jumped from roughly 6% to 40%. This quarter, only 10% of CFOs cited inflation, while the 40% who pointed to regulation represented a more than doubling quarter over quarter. watch nowFor the business community's biggest advocacy group, getting back to normal also means confronting a new normal. "The emergence of government policy as risk relative to other risks has been growing substantially over the past decade."
Persons: Mark Wilson, Trump, Sanjay Patnaik, Neil Bradley, Patnaik, Obama, Biden, Bradley, it's, Dan Clifton, we've, It's, UnitedHealth —, Cisco's, Clifton, Lina Khan, She's Organizations: U.S, Capitol, Getty, CNBC, CNBC Global, Federal Trade Commission, Google, Microsoft, Amazon, U.S . Chamber of Commerce, Brookings Institute, Corporate, industrials, Corporations, ., Apple, market's, Union, EU, Horizon Therapeutics, Activision Locations: WASHINGTON, DC, Washington ,, Covid, Russia, Ukraine, China, U.S
NEW YORK (AP) — Inside the U.N.'s gates, world leaders use the spotlight to talk — to each other and the entire planet. Nonprofit organizations send their senior leaders to the sidelines of the U.N. General Assembly at significant expense to make sure their voices are heard in the right rooms. It was one of some 40 events the Ford Foundation hosted connected to General Assembly week, flexing its power to convene. The sidelines of the General Assembly first began drawing major crowds in 2014, when a U.N. The framework, he said, helps groups “to focus on a pretty specific action that might feel small given the SDGs but still has impact.
Persons: , Elizabeth Cousens, , ’ ”, Monica Aleman, She’ll, James Baldwin, Protesters, Keya Chatterjee, Chatterjee, Joe Biden, Antonio Guterres, Melinda Gates, Mark Suzman, ” Suzman, Atul Tandon, Zia Khan Organizations: Nonprofit, General, UN Foundation, Sustainable, Ford Foundation, Assembly, Climate Summit, Melinda Gates Foundation, Gates Foundation, Opportunity International, The Rockefeller Foundation, Brookings Institution, Lilly Endowment Inc, AP Locations: New York City, U.S, Manhattan, Washington, United States, China, India, Russia, United Kingdom, France, South Africa
"He has decided to take an approach not of trying to convince people but to label the opposition as being somehow an anti-state, communist totalitarian force." In a speech earlier this month, Yoon said South Korea's freedom is "under constant threat" from "communist totalitarian and anti-state forces" who are critical of South Korea's deepening ties with the U.S. and Japan. "The president keeps emphasizing the threat from communist forces which don't exist," a spokesperson for the Democratic Party said at a briefing last week. The presidential office declined to comment on Yoon's description of critics of his policies as "communists". Given his low approval ratings, analysts say labelling his opponents as communists may still be useful for Yoon to hold onto his party's conservative base.
Persons: Hyunsu Yim, Yoon Suk, Yoon's, Yoon, Kevin Gray, Gray, Andrew Yeo, Yeo, Benjamin Engel, Engel, Rhee Jong, " Rhee, Rhee, Lincoln Organizations: U.S, University of Sussex, Liberation, Democratic Party, Gallup, Brookings Institution, Korean Confederation of Trade Unions, National Security, Seoul National University Locations: Hyunsu Yim SEOUL, South Korea, North Korea, Japan, Tokyo, Seoul
[1/2] South Korean President Yoon Suk-yeol attends the ASEAN-South Korea Summit at the Association of the Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, September 6, 2023. In South Korea, the label of communist carries higher stakes than in many Western democracies with the ongoing threat from ostensibly communist North Korea and Cold War-era laws that effectively ban activities deemed related to communism. “There is a legitimacy problem for Yoon in the sense that the gap between popular opinion in South Korea and what is being pursued internationally is increasing," Gray said. In a speech earlier this month, Yoon said South Korea's freedom is "under constant threat" from "communist totalitarian and anti-state forces" who are critical of South Korea's deepening ties with the U.S. and Japan. "The president keeps emphasizing the threat from communist forces which don't exist," a spokesperson for the Democratic Party said at a briefing last week.
Persons: Yoon Suk, yeol, Tatan, Yoon's, Yoon, Kevin Gray, Gray, Andrew Yeo, Yeo, Benjamin Engel, Engel, Rhee Jong, " Rhee, Rhee, Hyunsu Yim, Josh Smith, Lincoln Organizations: South, ASEAN, South Korea Summit, Association of, Southeast Asian Nations, Rights, U.S, University of Sussex, Liberation, Democratic Party, Gallup, Brookings Institution, Korean Confederation of Trade Unions, National Security, Seoul National University, Thomson Locations: South Korean, Jakarta, Indonesia, Rights SEOUL, South Korea, North Korea, Japan, Tokyo, Seoul
U.S. Vice President Kamala Harris attends the 11th ASEAN-U.S. YASUYOSHI CHIBA/Pool via REUTERS/File photo Acquire Licensing RightsSept 21 (Reuters) - The Biden administration on Thursday announced plans to remove medical bills from Americans' credit reports in a push to end what it called coercive debt collection tactics that affect millions of consumers. Harris told reporters that more than 100 million Americans had unpaid medical debt. For instance, 27% of Black households hold medical debt compared with 16.8% of non-Black households. According to the CFPB, the Fair Credit Reporting Act restricts the use of medical information in credit decisions and credit reports.
Persons: Kamala Harris, YASUYOSHI, Biden, Rohit Chopra, Harris, CFPB, Andrea Shalal, Douglas Gillison, Leslie Adler, Marguerita Choy Organizations: ASEAN, U.S, Summit, ASEAN Summit, Consumer Financial Protection Bureau, Brookings Institution, Thomson Locations: Jakarta, Indonesia
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