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Search resuls for: "KIRSTEN GILLIBRAND"


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☆ RESTRICT Act explained: proposed TikTok ban is 'a PATRIOT Act for the digital age,' some lawmakers say
  + stars: | 2023-04-23 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com   time to read: +11 min
The RESTRICT Act, a bill that could ban TikTok nationwide, was introduced in the Senate last month. GOP Senator JD Vance of Ohio called the bill proposal "a PATRIOT Act for the digital age." But the RESTRICT Act — touted as a way ban TikTok nationwide — would do far more than prevent users from accessing an app known for its viral dance routines and conspiracy theory videos. "This will directly improve our national security as well as safeguard Americans' personal information and our nation's vital intellectual property." Even those who support a TikTok ban, such as Senator JD Vance of Ohio, don't see the RESTRICT Act as an appropriate solution.
☆ Telling Dianne Feinstein to resign is sexist and 'unprecedented,' women Democratic senators say
  + stars: | 2023-04-19 | by ( Bryan Metzger | ) www.businessinsider.com   time to read: +7 min
But Democratic women in the Senate say gender is playing a role in how her absence is being handled. But women Democratic senators told Insider at the Capitol on Wednesday that they believe sexism is at play and that the chamber's longest-serving Democrat is being held to an unfair standard because she is a woman. More recently, Democratic Sen. John Fetterman of Pennsylvania was recently absent from the chamber for six weeks as he sought treatment for clinical depression. "I think it's important for Senator Feinstein to do what is what is best for her," said Democratic Sen. Jeanne Shaheen of New Hampshire. "I just believe that it's not somebody else's assessment to make; it's her assessment to make," said Democratic Sen. Tammy Baldwin of Wisconsin.
☆ US government tracking more than 650 potential UFO cases, Pentagon says
  + stars: | 2023-04-19 | by ( Jeremy Herb | ) edition.cnn.com   time to read: +3 min
CNN —The US government is tracking more than 650 potential cases of so-called “unidentified aerial phenomenon,” commonly known as UFOs, according to the director of the office created last year to focus on the sightings. He played video from two of cases that had been declassified, one that had been resolved and the other unresolved. Kirkpatrick explained that this case was unresolved because there was no other evidence beyond the video. He said that in a small number of cases, he has concerns the episodes could be evidence of potential technological advancements. Those cases, he said, are handed off to the intelligence community to investigate further.
☆ Debt ceiling fight shows stakes of Feinstein's Senate absence, Klobuchar says
  + stars: | 2023-04-16 | by ( Katharine Jackson | ) www.reuters.com   time to read: +3 min
WASHINGTON, April 16 (Reuters) - The standoff over raising the U.S. federal government's $31.4 trillion debt ceiling illustrates the stakes of U.S. Senator Dianne Feinstein's lengthy absence from Washington, fellow Democratic Senator Amy Klobuchar said on Sunday. We have things like the debt ceiling coming up," Klobuchar said in an interview on ABC's "This Week" program. President Joe Biden's Democrats insist on a "clean" debt ceiling bill unaccompanied by cuts. "I have a lot of respect for Senator Feinstein, but she's missed 75% of votes this year.
☆ Biden could help save cars, bicyclists, and pedestrians from being pulled under trucks in an accident with a simple fix, advocates say
  + stars: | 2023-04-04 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +6 min
Side guards can also stop people and cars from being crushed by a truck's rear wheels. A man stands on a truck's rear underride guard in Mexico City in 2021. Isaac Guzman/Getty Images'A catch-22'The US government and road safety experts have known for at least 50 years that underride guards save lives. Rear underride guards have been mandatory for most trucks in the US since the 1950s. Cahalan blames the trucking industry for "delaying and fighting against common sense safety reforms," not just with regard to underride guards.
☆ Nordstrom, Neiman Marcus Supplier Paid California Workers $1.58
  + stars: | 2023-03-23 | by ( Charles R. Davis | ) www.businessinsider.com   time to read: +5 min
The Department of Labor randomly investigated 50 clothing companies in Southern California. It found that more than 80% were breaking one or more provisions of federal labor law. One garment maker was paying workers just $1.58 an hour. In what the department described as a "particularly egregious case," one garment manufacturer — making clothes for brands including Nordstrom, Neiman Marcus, Stitch Fix, and Von Maur, per investigators — was found to be paying some workers an hourly rate of just $1.58. It shows, she argued, "that strong federal action is needed to change the abusive pay rates in the American garment manufacturing industry."
☆ Biden is once again pushing to give all US workers paid parental leave— and he wants their kids to have free universal preschool, too
  + stars: | 2023-03-09 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com   time to read: +5 min
Biden is pushing for paid family and medical leave in his budget proposal unveiled on Thursday. "​​Policies such as paid leave and childcare will bring more workers into the labor force and improve productivity," Cecilia Rouse, chair of the White House Council of Economic Advisers, said. Biden has long supported paid family and medical leave, along with investments in childcare, and he has urged Congress to implement measures that would bolster those programs. "For middle- and low-income workers in particular, access to paid family and medical leave is all too rare, but even the highest wage workers are more likely than not to be without paid family leave," they wrote in their letter. The last time the Biden administration tried to push through paid leave — even at just four weeks — it was torpedoed by Republicans and one Democrat.
☆ White House backs Senate bill to boost US ability to ban TikTok
  + stars: | 2023-03-07 | by ( David Shepardson | ) www.reuters.com   time to read: +3 min
The bill gives the Commerce Department the ability impose restrictions up to and including banning TikTok and other technologies that pose national security risks, said Democratic Senator Mark Warner, who chairs the Intelligence Committee. He said it would also apply to foreign technologies from China, Russia, North Korea, Iran, Venezuela and Cuba. TikTok said in a statement that any "U.S. ban on TikTok is a ban on the export of American culture and values to the billion-plus people who use our service worldwide." Warner said it was important the government do more to make clear what it believes are the national security risks to U.S. from the use of TikTok. McCaul said he thinks the full U.S. House of Representatives could vote on bill this month.
☆ Twelve U.S. senators back giving Commerce Secretary new powers to ban TikTok
  + stars: | 2023-03-07 | by ( ) www.reuters.com   time to read: +1 min
[1/2] FILE PHOTO:. Secretary of Commerce Gina Raimondo speaks during the High-Level Economic Dialogue Second Annual Meeting in Mexico City, Mexico September 12, 2022. REUTERS/Raquel Cunha/PoolWASHINGTON, March 7 (Reuters) - A bipartisan group of 12 U.S. senators will introduce legislation Tuesday that would give Commerce Secretary Gina Raimondo new powers to ban Chinese-owned video app TikTok and other foreign-based technologies if they pose national security threats, Senator Mark Warner said. "I think it is a national security threat," Warner said on CNBC, adding the bill would give Raimondo "the ability to do a series of mitigation up to and including banning" TikTok. Reporting by David ShepardsonOur Standards: The Thomson Reuters Trust Principles.
☆ Pentagon’s Unidentified-Object Office Is Underfunded, Senators Say
  + stars: | 2023-02-14 | by ( Nancy A. Youssef | Lindsay Wise | ) www.wsj.com   time to read: 1 min
The Pentagon office set up to detect and identify mysterious objects, such as the three shot down by the U.S. jet fighters over the past week, was mistakenly underfunded, said Sen. Kirsten Gillibrand, the New York Democrat who pushed to create the office. The Pentagon last year established the classified All-domain Anomaly Resolution Office, or AARO, from legislative language Ms. Gillibrand and Sen. Marco Rubio (R., Fla.) put in the National Defense Authorization Act for fiscal year 2022.
☆ Democrats renew push for national paid family and medical leave program
  + stars: | 2023-02-03 | by ( Lorie Konish | ) www.cnbc.com   time to read: +4 min
Had a federal paid leave policy been in place, many of those women may have been able to stay employed, she said. "Imagine if, during the pandemic, we had had a national paid leave program," Gillibrand said. The Family and Medical Insurance Leave Act, or FAMILY Act, was reintroduced by lawmakers including Gillibrand and Rep. Rosa DeLauro, D-Conn., with the goal of creating the first paid national family and medical leave program. "It is a reasonable, pragmatic way to get to paid family leave," Duckworth, who is a co-sponsor of the bill, told CNBC.com in an interview. The Education Support Professionals Family Leave Act would provide education support workers such as school bus drivers with unpaid leave under FMLA.
☆ Sam Bankman-Fried gave $2.5 million to a leading political ethics watchdog. The group says it can't give the money back because officials already spent it.
  + stars: | 2022-12-08 | by ( Dave Levinthal | ) www.businessinsider.com   time to read: +10 min
The Campaign Legal Center fights against lawlessness and unethical behavior in politics. Brendan Quinn, a spokesperson for the Campaign Legal Center, says the nonprofit organization cannot return or give away Bankman-Fried's money because the money is already spent. Asked whether the Campaign Legal Center would consider disgorging an amount of money equivalent to what Bankman-Fried contributed, Quinn noted that the Campaign Legal Center is not a political candidate or committee. The Campaign Legal Center has not yet provided Insider a copy, first requested December 2, of the most recent IRS 990 tax document filed by Campaign Legal Center Action, its advocacy arm. Former President Donald Trump has been a frequent target of the Campaign Legal Center's legal and ethics efforts.
☆ How an arcane 96-year-old law stopped the rail strike
  + stars: | 2022-12-02 | by ( Chris Isidore | ) edition.cnn.com   time to read: +9 min
The Railway Labor Act was passed in 1926 as one of the very first labor laws in the nation. Because of the law, the House was able to vote Wednesday to impose unpopular contracts on four rail unions whose members have already rejected the terms, followed by a vote by the Senate vote late Thursday that did the same. The Railway Labor Act, passed in 1926, is the reason Congress could intervene this week to block a strike by freight railroad unions. But under the Railway Labor Act, management can fall back on hopes that Congress will give them the deal it wants. When he served in the Senate, Biden voted against an earlier effort to impose a contract on the rail unions to keep them on the job.
☆ Washington lawmakers hold on to crypto holdings despite calls for new laws in wake of FTX collapse
  + stars: | 2022-12-01 | by ( Brian Schwartz | ) www.cnbc.com   time to read: +7 min
Another lawmaker, Republican Sen. Tommy Tuberville of Alabama, disclosed at a Senate Agriculture Committee hearing about FTX on Thursday that he, too, holds some crypto assets. Tuberville's most recent disclosure reports from this year reviewed by CNBC do not show any crypto stock purchases. Out of all ten offices contacted, only one said they sold their crypto stock holdings after FTX imploded. Rep. Marie Newman, D-Ill., who lost her bid for reelection owned crypto stock up until last week, recently sold her digital token stocks as the industry took a hit. Toomey told CNBC "HODL" when asked about whether he plans to sell his crypto stock following FTX's collapse.
☆ The House passes an agreement that would stop a rail strike — and give workers 7 days of sick leave
  + stars: | 2022-11-30 | by ( Juliana Kaplan | Bryan Metzger | ) www.businessinsider.com   time to read: +4 min
The House took the first step towards averting a rail strike, passing legislation to impose an agreement. But members also voted to pass a measure that would give workers 7 paid sick days. Paid sick leave, or lack thereof, has emerged as one of the biggest issues among rail workers. But both the tentative agreement and the paid sick leave resolution still need to pass the Senate. If the agreement passed without paid sick leave, "it's going to make life hard for railroad workers," Grooters said.
☆ Stablecoins fall few cents short of respectability
  + stars: | 2022-11-23 | by ( John Foley | ) www.reuters.com   time to read: +8 min
That will reignite the debate over how to regulate digital assets – especially when it comes to stablecoins, the most money-like part of the cryptoverse. Stablecoins are digital assets designed to have a steady value, usually by being pegged to a real-world currency like the U.S. dollar. For each dollar of stablecoin a user holds, there’s supposed to be a dollar, or something like a dollar, sitting in a metaphorical vault. And in the case of some so-called algorithmic stablecoins, what backs the stablecoin might be another digital token with no fundamental value. The total sum of major U.S. dollar stablecoins outstanding is just under $145 billion, according to CoinGecko.
☆ After FTX collapse, new focus on decentralization for crypto
  + stars: | 2022-11-21 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Rob Wile | ) www.nbcnews.com   time to read: +5 min
As questions swirl about how much cryptocurrencies will be worth in the wake of the spectacular collapse of the crypto exchange FTX and other major platforms, a key question has emerged: Who will keep your crypto safe? Prior to its collapse, FTX was the world's fifth-largest cryptocurrency exchange, according to data from the crypto group CoinGecko cited by Reuters, processing $627 billion in trading volume year-to-date. But as cryptocurrencies broadly became more mainstream, companies and exchanges sprang up that allowed people to buy crypto without those steps. Today, platforms seemingly untouched by the FTX collapse, like Coinbase, have sought to reassure their users that their assets remain safe and, in some cases, are not subject to lending. Instead, there are growing calls for increased regulation that would force crypto exchanges to keep customers' money firewalled so that it cannot be repurposed for other uses.
☆ 'There is no such thing as a free lunch.' 4 lessons for crypto investors from the FTX collapse
  + stars: | 2022-11-20 | by ( Kate Dore | Cfp | ) www.cnbc.com   time to read: +4 min
Bahamas-based crypto exchange FTX filed for bankruptcy in the U.S. on Nov. 11, 2022, seeking court protection as it looks for a way to return money to users. "I think the collapse of FTX will end up being good for traditional finance companies like Fidelity who are entering the crypto space, because they come with a certain level of trust," Lum said. Earlier this month, Fidelity Investments announced plans to launch a commission-free crypto product, allowing investors to buy and sell bitcoin and ether. The FTX collapse has also renewed interest in cold storage, or taking digital currency offline, making it less susceptible to hacks. The [FTX] collapse should be a lesson that any individual company — be it a crypto exchange or more traditional business — can go bankrupt in times of distress.
☆ The bulldog lawyer who helped recoup billions from MF Global's bankruptcy says investors burned by FTX may not be so lucky
  + stars: | 2022-11-16 | by ( Emmalyse Brownstein | Alex Morrell | ) www.businessinsider.com   time to read: +6 min
The bulldog attorney and hedge fund manager says he sees similarities between MF Global and FTX, but also thinks it could be tougher for FTX customers to get their money back. Koutoulas' behind-the-napkin analysis is that FTX customers stand to recoup just 10 cents on the dollar in bankruptcy. But MF Global was also in a much stronger position financially when it filed for Chapter 11 bankruptcy on Halloween 2011. Of course, that does little to help FTX customers who were wiped out. "MF Global went bankrupt.
☆ Schumer says Warnock's Senate race against Walker is 'going downhill' in remarks to president
  + stars: | 2022-10-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Rebecca-Shabad-Circle-Byline-Template.Jpg | Rebecca Shabad | ) www.nbcnews.com   time to read: +2 min
WASHINGTON — Senate Majority Leader Chuck Schumer, D-N.Y., expressed concern Thursday about Sen. Raphael Warnock's re-election race against Republican Herschel Walker during a conversation with President Joe Biden. The private discussion was picked up on a microphone and camera while they stood on an airport tarmac in Syracuse, N.Y., with Sen. Kirsten Gillibrand, D-N.Y., and Democratic Gov. During the conversation, Schumer brought up the Pennsylvania Senate race and the debate Tuesday between Democratic Lt. Gov. The Democratic leader could also be heard mentioning the Senate race in Nevada, where Sen. Catherine Cortez Masto is running for re-election against Republican Adam Laxalt. Asked about Schumer’s remarks to Biden, Justin Goodman, a spokesman for the majority leader, told NBC News, "Schumer believes the Democratic candidates will win."
☆ Hot mic catches Schumer warning Biden that Democrats are 'going downhill' in Georgia as Herschel Walker climbs in polls
  + stars: | 2022-10-27 | by ( Warren Rojas | Brent D. Griffiths | ) www.businessinsider.com   time to read: +3 min
Chuck Schumer was caught on a hot mic dishing about Democrats' chances of holding the Senate. Schumer was overheard telling Biden that Georgia looks increasingly bad for the party. "The state where we're going downhill is Georgia," Schumer said of Democratic Sen. Raphael Warnock's highly charged reelection bid. The top Senate Democrat was also overheard telling Biden that Pennsylvania Lt. Gov. "Schumer believes the Democratic candidates will win," Justin Goodmnan, a Schumer spokesperson, said in a statement.
☆ Gen X is late to the leadership table in US politics, prompting the question: Will it ever produce a president?
  + stars: | 2022-09-28 | by ( Darren Samuelsohn | ) www.businessinsider.com   time to read: +21 min
By historical standards, Gen X should be in charge of the US by now. Think of them as the godparents of the "Xennials" — those born in the late 1970s or early 1980s who aren't fully Gen X or millennial. No matter whether you deny the 61-year-old Obama is a boomer, Gen X is starting to get up there in age. Michael Ciaglo-Pool/Getty ImagesWhat's the US missing without a Gen X president? "It's like seeing a ghost that doesn't appear," she said of any expectation the presidency would just suddenly open up for Gen X.
☆ Farmaceuticals: Vets face pressures to prescribe
  + stars: | 2014-09-15 | by ( Brian Grow | Reuters Graphic | ) www.reuters.com   time to read: +29 min
The feed tickets examined represent a fraction of the tens of thousands issued annually to poultry farms run by or for major producers. Some of its feed has contained low levels of one antibiotic, feed tickets show. REUTERS/Randall Hill MODERN BARN: Nearly 20,000 broiler chicks are housed inside a Foster Farms chicken ranch in Stanislaus County, California. As the CDC studied what investigators informally called the “Foster Farms Outbreak,” researchers soon made a troubling discovery. Reuters asked to see Foster Farms’ feed tickets from that period; the company didn’t respond to that request.
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