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☆ George Santos bail backers will be revealed Thursday, judge orders
▼ + stars: | 2023-06-20 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

U.S. Representative George Santos (R-NY) speaks to the media as he leaves Central Islip Federal Courthouse in Central Islip, New York, May 10, 2023. The identities of the people who guaranteed Rep. George Santos' $500,000 bond in his criminal fraud case will be revealed Thursday at noon ET, a federal judge ordered Tuesday. Other sealed documents in the case, including Seybert's full written order, are also scheduled to be unsealed Thursday, according to a docket entry in Santos' case. After his initial court appearance, Santos was released on a $500,000 bond backed by multiple guarantors, whose names were kept under seal. A magistrate judge in the case sided with the news outlets earlier this month but gave Santos time to appeal the decision.

Persons: Representative George Santos, George Santos, Judge Joanna Seybert's, Santos, Joseph Murray, Murray, Republican Party's Organizations: Representative, Islip Federal, Republican, New York Times Locations: Islip, Central Islip , New York, U.S, Long

☆ Regulators could argue LIV-PGA partnership is bad for competition, says Attorney Gerald Maatman
▼ + stars: | 2023-06-07 | 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 EmailRegulators could argue LIV-PGA partnership is bad for competition, says Attorney Gerald MaatmanGerald Maatman, Duane Morris partner and antitrust attorney, joins 'Last Call' to discuss lawmaker's backlash to the LIV-PGA partnership and the possibility of the partnership getting shut down by federal regulators.

Persons: LIV, Gerald Maatman Gerald Maatman, Duane Morris

☆ The market may be primed for the Dow to lead with the debt ceiling resolved, Jim Cramer says
▼ + stars: | 2023-06-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer explained that last week's debt ceiling resolution may have paved the way for a Dow resurgence, even though the index closed lower by about 200 points Monday. "With the default fears off the table, maybe this is a market where the once mighty Dow can actually lead again," Cramer said. In looking at a more Dow-focused market, Cramer highlighted several stocks that roared on Friday, including technology company 3M and construction manufacturer Caterpillar . Cramer believes Caterpillar is largely misunderstood by Wall Street, and traders treat it as an old-fashioned cyclical stock. To Cramer, however, Caterpillar was successfully diversified by CEO Jim Umpleby into a business less reliant on the global economy.

Persons: CNBC's Jim Cramer, Dow, Cramer, Tesla, Cramer's, week's Dow, Wall, Jim Umpleby Organizations: Nasdaq, Reserve, Dow, Caterpillar, 3M Locations: Monday's, China

☆ Ex-aide to George Santos says he paid the lawmaker's deputy at least $1,050 in a bid to land a job: AP
▼ + stars: | 2023-06-01 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +2 min

A former aide to Rep. George Santos says one he paid one of the lawmakers' deputies at least $1,050. The ex-aide told House investigators the payments were part of a bid to land a job with Santos. Derek Myers, who was fired by the New York Republican, shared the details with the Associated Press. Burra did not immediately respond to Insider's request for comment, and he declined to comment to the AP. Myers discussed the payments with House investigators probing his allegations of workplace sexual harassment after he was terminated in February, the AP reported.

Persons: George Santos, Santos, Derek Myers, —, Myers, Burra Organizations: Rep, New York Republican, Associated Press, Service, AP Locations: Burra

☆ Dianne Feinstein once became confused after seeing Vice President Kamala Harris preside over the Senate, report says
▼ + stars: | 2023-05-28 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Sen. Feinstein was confused by VP Harris presiding over the Senate last year, per a New York Times report. Feinstein said, according to an unnamed individual who was present at the time. Feinstein, 89, asked of Harris, according to an unnamed individual who was present at the time. Upon her return, a New York Times report then disclosed that she also suffered from Ramsay Hunt Syndrome, a neurological disorder that in the senator's case was brought on by her bout with shingles. Rep. Ro Khanna, a fellow Bay Area lawmaker, in April called on Feinstein to resign from office, and reiterated his position this month.

But as some argue, in its quest to avoid another taper tantrum, the Fed delayed that two-pronged tightening too long, which has partly contributed to the stickiness of inflation today. This lengthy buildup may have averted another taper tantrum, but tied the Fed's hands on raising rates even as inflation was roaring back. Markets thought this not only meant the Fed would soon "taper" its bond purchases, but also raise interest rates. The Fed and markets have learned their lessons from the taper tantrum. Maybe the taper tantrum illustrates that it wasn't as planned and consistent as it should have been," he said.

☆ Lauren Boebert's husband Jayson flew into a rage while being served divorce papers and set his dogs loose on the process server, affidavit says
▼ + stars: | 2023-05-17 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Lauren Boebert is divorcing Jayson Boebert, her husband of nearly two decades. A process server delivering divorce papers said that Jayson Boebert yelled profanities at him. He also said he did not do "anything bad" to the process server, and maintained that his dogs were "no threat." Lauren Boebert said in a statement to The Colorado Sun on Tuesday that she was breaking up with Jayson Boebert due to "irreconcilable differences." Jayson Boebert's attorney and and representatives of Lauren Boebert did not immediately respond to Insider's requests for comment sent outside regular business hours.

☆ Joe Manchin blasts Mitch McConnell's push to go 'all out' to defeat him next year: 'This is what's wrong with this place'
▼ + stars: | 2023-05-10 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Sen. Joe Manchin blasted Mitch McConnell over the GOP leader's plans to defeat him next year. "If you want to know what's wrong with the process, go talk to McConnell," he told CNN's Manu Raju. "This is what's wrong with this place, okay, and I have said this," Manchin said. "And if you want to know what's wrong with the process, go talk to McConnell," he continued. Still, despite the heavy Republican lean of the state, Manchin has managed to thrive where other Democrats have not been able to find success.

☆ Texas lawmaker, who previously said drag queen story hours would sexualize children, should be expelled for sexual misconduct with a teenage intern, committee says
▼ + stars: | 2023-05-07 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

A Texas legislative committee recommended a lawmaker be expelled for inappropriate conduct, per the Associated Press. The committee report said GOP Rep. Bryan Slaton, 45, had sex with a 19-year-old intern. Slaton and his attorney did not immediately respond to Insider's request for comment on Sunday, but his attorneys previously called the claims "outrageous" and "false," the AP reported. "Children don't need to be focused on sex and sexualization," he said in an interview last year, the AP previously reported. The intern was "really dizzy" and had "split vision," the committee report found.

☆ Elon Musk meets with Democratic leader Schumer in Senate office
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, April 26 (Reuters) - Elon Musk, the billionaire CEO of electric vehicle maker Tesla (TSLA.O) and social media platform Twitter, is meeting U.S. Senate Majority Leader Chuck Schumer in the Democratic lawmaker's Washington office, an aide to Schumer said on Wednesday. The aide did not say what the topic of the meeting was. Schumer has long been an advocate of shifting to electric vehicles and helped push for new tax credits as part of the $430 billion Inflation Reduction Act in August. In January, Musk met two top White House officials in Washington to discuss how Tesla and the administration of President Joe Biden could work together to advance electric vehicle production and speed electrification of U.S. vehicle networks. Reporting by David Shepardson; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Texas lawmaker says the Supreme Court cleared the way to force schools to display the Ten Commandments in every classroom
▼ + stars: | 2023-04-21 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +2 min

Texas' Senate passed a bill that would requires public schools to display the Ten Commandments. The Senator who authored the bill thinks the Supreme Court paved the way for his bill to pass. The Supreme Court last year sided with a football coach who lost his job after praying on the field. The Supreme Court ultimately sided with the Washington football coach, Joe Kennedy, in the case last year. He added that the Supreme Court cleared the way for this bill when they sided with Kennedy.

LLANO, Texas, April 13 (Reuters) - A rural Texas county's public libraries will remain open while a court battle continues over whether local officials can remove books deemed inappropriate, commissioners decided on Thursday. "Does Llano, Texas, want to be known as the town that closed the public library?" No state bans more books than Texas, according to PEN America. "Public libraries are not meant to serve particular ideological factions," said Kasey Meehan, who directs the "Freedom to Read" project of PEN America. Reporting by Evan Garcia in Llano, Texas, and Brad Brooks in Lubbock, Texas; editing by Donna Bryson and Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

☆ The TikTok CEO's day in Congress was a 'disaster' that means the app will still likely get banned or sold, Wall Street says
▼ + stars: | 2023-03-23 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +5 min

TikTok CEO Shou Zi Chew testified in front of US Congress, amid calls for a forced sale or ban. But after hours of grilling, the testimony likely had the opposite effect. A sale or ban of TikTok is still likelyWithout a radical shift in the conversation, the status quo is upheld. Which means that the same question is now being asked: Is TikTok more likely to be forced to sell, or will it be banned outright? "It's very possible that Congress advances these bills and, and passes them, but those bills won't ban TikTok," he said.

☆ The TikTok CEO's day in Congress was a 'disaster' that failed to prove a sale or ban isn't the only way forward, Wall Street says
▼ + stars: | 2023-03-23 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +5 min

TikTok CEO Shou Zi Chew testified in front of US Congress, amid calls for a forced sale or ban. But after hours of grilling, the testimony likely had the opposite effect. Thursday's hearing likely gave lawmakers even more fuel for the argument in favor of a sale or a ban. A sale or ban of TikTok is still likelyWithout a radical shift in the conversation, the status quo is upheld. "It's very possible that Congress advances these bills and, and passes them, but those bills won't ban TikTok," he said.

☆ As John Fetterman heals, his Senate staff soldiers on with the help of veteran lawmakers and crisis bonding: 'We all have each other's back'
▼ + stars: | 2023-03-20 | by ( Warren Rojas | ) www.businessinsider.com time to read: +9 min

Sen. John Fetterman has been hospitalized for clinical depression since February 15. Casey is coordinating with Fetterman staff on constituent services issues and legislative priorities, according to recent reports, but doesn't call Fetterman directly so as not to disturb his ongoing recovery. Some of the others working hard to meet that internal standard include legislative assistant Madeleine Marr, a former aide to Democratic Sen. Maggie Hassan of New Hampshire. Conservative commentator Stephen L. Miller has been more blunt, accusing Fetterman's staff of unduly wielding power in his absence. "John Fetterman's chief of staff is not an elected senator," Miller wrote in an op-ed run by the Delaware Valley Journal.

☆ Malaysia says its banks have limited exposure to Silicon Valley Bank crisis
▼ + stars: | 2023-03-15 | by ( ) www.reuters.com time to read: +1 min

KUALA LUMPUR, March 15 (Reuters) - Malaysia's government on Wednesday said the country's banks have limited exposure to Silicon Valley Bank that collapsed last week in the United States, triggering fear of contagion. "Based on an assessment by authorities in Malaysia, the exposure of local banks to this crisis in the United States is minimal and limited," Deputy Finance Minister Steven Sim said in parliament. Regular stress tests are carried out within the banking system to ensure Malaysia is prepared to withstand any market pressure, Sim said. Silicon Valley Bank collapsed on Friday in the biggest U.S. bank failure since the 2008 financial crisis. Reporting by Rozanna Latiff; Writing by A. Ananthalakshmi; Editing by Ed Davies and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

☆ Tiger Woods's NDA battle with Erica Herman is dragging his obsession with privacy into the spotlight
▼ + stars: | 2023-03-14 | by ( Jack Newsham | Katherine Long | ) www.businessinsider.com time to read: +13 min

Tiger Woods's ex-girlfriend Erica Herman claims he evicted and abused her, but she has an NDA. Davis wasn't the first person asked to keep Tiger Woods's name out of his mouth, and according to a $30 million lawsuit filed earlier this month by Woods's ex-girlfriend Erica Herman, he wasn't the last. The battle over Herman's NDA is a window into Woods's longtime obsession with privacy. In October 2021, exhibits and transcripts were sealed in an unsuccessful case brought by the family of an employee at Tiger Woods's restaurant who died in a drunk driving incident. When Woods's image imploded in 2009, he used nondisclosure agreements to stanch the gush of details about his personal life into the media.

☆ Rep. George Santos files 2024 statement of candidacy — but it doesn't mean he's running for reelection
▼ + stars: | 2023-03-14 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Embattled Republican Rep. George Santos of New York took a step Tuesday toward a possible bid for a second term in the House, where he is currently under investigation. Santos' campaign filed a statement of candidacy for the 2024 election cycle with the Federal Election Commission, a move that could signal the freshman lawmaker's intent to run for reelection. After winning his seat, the New York Times reported that Santos appeared to have fabricated key details of his background. Joseph Murray, a lawyer for Santos' campaign, could not confirm whether the congressman was indeed seeking reelection. Santos was sworn into Congress under a cloud of scandal earlier this year, after the bombshell New York Times report questioned key details about his personal and professional life.

☆ Anti-drag GOP Tennessee Lt. Gov has 'no intention of stopping' posting heart and fire emojis on erotic Instagram pics of young man, spokesperson says
▼ + stars: | 2023-03-09 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

He recently presided over the passage of a bill that bans the performance of drag in public. A spokesperson said he may not have used the "proper emoji" but "has no intention of stopping." As president of Tennessee's state Senate, McNally recently presided over the passage of two bills that ban gender-affirming health care for minors and restrict the performance of drag in public. Governor McNally is a prolific social media commenter," the spokesperson said. The spokesperson added that McNally "enjoys interacting with constituents and Tennesseans of all religions, backgrounds, and orientations" and "has no intention of stopping."

☆ Texas 'Dreamer' reunites with family in the US after 6 months stranded in Mexico after a family secret upended his immigration interview. But the fight to secure his status in the US is not over yet.
▼ + stars: | 2023-02-22 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

Jaime Avalos was able to secure humanitarian parole after a disaster immigration interview last year. "The fight is not over," Avalos' wife told Insider. Attorney Naimeh Salem, Yarianna Martinez, Jaime Avalos, Noah, 1, and Rep. Al Green pose for a photo. Jaime Avalos, Yarianna Martinez, and their son Noah pose for a photo. But if there's one thing the family has learned in the last six months, Martinez said, it is to never give up.

☆ GOP lawmakers vilify ESG moves at BlackRock, Vanguard but take their money nonetheless
▼ + stars: | 2023-02-21 | by ( Brian Schwartz | ) www.cnbc.com time to read: +9 min

But Republicans have vilified BlackRock, Vanguard Group and State Street for leading the push on Wall Street to promote clean energy and what GOP lawmakers often title "left-wing social priorities." Still, many Republican lawmakers received money from the very firms their party is criticizing. It was the third election cycle in a row that both lawmakers took donations from the firm's PAC. Rep. Ann Wagner, R-Mo., received $10,000 from BlackRock and a combined $6,500 from Vanguard and State Street in the 2022 cycle. Huizenga's spokesman Brian Patrick said the donations won't affect the lawmaker's position on ESG issues.

☆ Kevin McCarthy is working tirelessly and spending a lot of his political capital to win fights that don't actually matter.
▼ + stars: | 2023-02-12 | by ( John L. Dorman | ) www.businessinsider.com time to read: +7 min

Kevin McCarthy rallied GOP lawmakers to oust Ilhan Omar from the House Foreign Affairs Committee. But taking Omar off the Foreign Affairs panel took a good deal more effort on his part. The Omar vote was seen as a huge victory for the party, especially coming off McCarthy's protracted 15 rounds of balloting to secure the House speakership. Republicans led a successful effort to remove Rep. Ilhan Omar of Minnesota from the House Foreign Affairs Committee. While Republican leaders were pleased with the outcome, the behind-the-scenes work to push through a successful vote against Omar took up a lot of political oxygen.

The suspect, identified by District of Columbia Metropolitan Police as 26-year-old Kendrick Hamlin, was charged with simple assault. Craig's chief of staff, Nick Coe, said that Democratic congresswoman from Minnesota was bruised but "physically OK" following the attack, which did not appear to be politically motivated. "When the victim defended themselves, the suspect fled the scene," police said. Craig defended herself by throwing hot coffee at the attacker before he fled the scene, according to the report. Minnesota Governor Tim Walz, a Democrat, said he spoke to Craig and said she was doing fine.

☆ British lawmaker's email account hacked by Russian group
▼ + stars: | 2023-02-08 | by ( ) www.reuters.com time to read: +1 min

LONDON, Feb 8 (Reuters) - A British lawmaker said his private email was hacked by a group, thought to be Russian, and he wanted to speak out publicly to warn others about the attackers' tactics. Later he discovered the member of staff had not sent the email. The NCSC said that Russia-based SEABORGIUM and Iran-based group TA453 were active in 2022 and it deemed it necessary to issue an advisory last month urging individuals in certain sectors to be vigilant. On Wednesday, the NCSC, which is part of GCHQ, Britain's intelligence, security and cyber agency, said it was providing an individual with support. "The NCSC regularly provides security briefings and guidance to parliamentarians to help them defend against the latest cyber threats," it said in an email.

☆ New York office of Rep. George Santos vandalized with graffiti, police say
▼ + stars: | 2023-02-03 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

U.S. Rep. George Santos (R-NY) leaves the Capitol Hill Club as members of the press follow him on January 31, 2023 in Washington, DC. The New York district office of U.S. Rep. George Santos was vandalized with graffiti that spelled out a tri-lingual string of vulgarities against the embattled Republican congressman, police told CNBC on Friday. Police received a call on Friday morning after the words "Santos is," followed by the Greek, Mandarin and Spanish words for a scatalogical expletive, were found written on the lawmaker's Queens-area office in gold spray paint, an NYPD spokesman said. "This act of cowardly behavior is beyond unacceptable and compromises the safety of my staff as well as my constituents," Santos said in a statement sent through his office. "I would like to personally thank the NYPD for their commitment to public safety, and for keeping my district staff safe."

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