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Debt-limit standoff: Here are the Washington players you need to know about

Debt-limit standoff: Here are the Washington players you need to know about

by Davis Giangiulio | Jan 26, 2023 | Business, Featured

WASHINGTON — The debate over raising the U.S. debt limit is poised to be one of the hottest fights to hit Washington this year, and will feature a cast of characters both widely and lesser known to investors and everyday Americans. President Joe Biden and House...
Sanders Pushes for “Transformational Change” on National and Local Level at U.S. Mayors Conference

Sanders Pushes for “Transformational Change” on National and Local Level at U.S. Mayors Conference

by Davis Giangiulio | Jan 19, 2023 | Business, Featured

WASHINGTON — Sen. Bernie Sanders (I-VT) took his national message local on Thursday as he addressed Mayors at a panel on innovation and workforce development at the United States Conference of Mayors. Sanders, a former mayor himself of Burlington, Vermont, spoke...
Legislators, experts, and public call for deeper examination of FAA outage

Legislators, experts, and public call for deeper examination of FAA outage

by Stephanie Markowitz | Jan 12, 2023 | Business, Featured

WASHINGTON – Airports and airlines are attempting to recoup their losses and quell public exasperation a day after the Federal Aviation Administration (FAA) had to issue a 90-minute nationwide ground stop to air travel, scrambling schedules and grounding thousands of...
Amid global energy crisis, advocates press need to ramp up oil, gas production

Amid global energy crisis, advocates press need to ramp up oil, gas production

by Zachary Miller | Mar 10, 2022 | Business, Featured, Topics

WASHINGTON, March 10 (UPI) — U.S. senators, at a hearing of the Senate Committee on Energy and Natural Resources, expressed bipartisan interest Thursday in ramping up domestic oil and gas production to combat soaring energy prices. The push is a boon to large...
Biden To Sign Executive Order Outlining Path Toward Crypto Governing Principles

Biden To Sign Executive Order Outlining Path Toward Crypto Governing Principles

by Zachary Miller | Mar 9, 2022 | Business, Featured

WASHINGTON — President Biden is expected to sign an executive order Wednesday outlining a nationwide governing approach for cryptocurrency. The measure suggests potential for clarity in a murky financial market that was designed to be difficult to regulate, but which...
Lawmakers Scrutinize Bank And Brokerage Mandatory Arbitration Agreements

Lawmakers Scrutinize Bank And Brokerage Mandatory Arbitration Agreements

by Zachary Miller | Mar 8, 2022 | Business, Featured

WASHINGTON — Last Thursday, President Biden signed into law a bipartisan bill to bar companies from contractually forcing sexual assault and harrassment complaints into arbitration. Now, the change has reinvigorated efforts to pass similar legislation in the financial...
Senators Probe Role Of Asset Giants In Warrior Met Coal Strike

Senators Probe Role Of Asset Giants In Warrior Met Coal Strike

by Zachary Miller | Feb 17, 2022 | Business, Featured, Topics

WASHINGTON — A nearly year long coal miner strike in Alabama drew attention to a handful of the largest private equity and asset management companies in the world at a Senate hearing Thursday. “Just three Wall Street firms, BlackRock, Vanguard and State Street manage...
House Budget Committee Democrats Urge Abolition of Debt Limit

House Budget Committee Democrats Urge Abolition of Debt Limit

by Zachary Miller | Feb 16, 2022 | Business, Featured

WASHINGTON – The federal debt ceiling has caused headaches for decades. Now, House Democrats are considering the value of doing away with it altogether. “The debt ceiling has become a political weapon used to extract concessions, or more recently, simply score...
CFTC Asks Lawmakers To Ramp Up Crypto Regulation

CFTC Asks Lawmakers To Ramp Up Crypto Regulation

by Zachary Miller | Feb 9, 2022 | Business, Featured

WASHINGTON — Cryptocurrencies shed more than $1 trillion in global value since November, and the space is overrun with scams. Wednesday, the regulatory agency tasked with overseeing digital assets told senators they lacked the information, resources and mandate to...
Senators Examine “Texas Two-Step” Bankruptcy Abuses

Senators Examine “Texas Two-Step” Bankruptcy Abuses

by Zachary Miller | Feb 8, 2022 | Business, Featured, Topics

WASHINGTON — March 2023. That’s when Kimberly Ann Naranjo told senators she was expected to die of mesothelioma. “It all happened so fast,” Naranjo, a mother of seven, told the Senate Judiciary subcommittee Tuesday. “One week I was enjoying my forever home, surrounded...
Lawmakers: “Ridiculous” 5G Rollout Scramble Was Preventable

Lawmakers: “Ridiculous” 5G Rollout Scramble Was Preventable

by Zachary Miller | Feb 3, 2022 | Business, Energy, Featured

WASHINGTON — The rollout of new ultra-fast fifth generation (5G) cellular networks was supposed to revolutionize internet access and cement the U.S.’s technological position against a rising China. Now, lawmakers are trying to figure out how it went so wrong. “We...
Expanding financial technology access a solution to racial wealth gap

Expanding financial technology access a solution to racial wealth gap

by Ellisya Lindsey | Feb 2, 2022 | Business, Featured

WASHINGTON — The right technology could aid in mitigating the racial gap in financial health and wealth by making these services more accessible to underbanked communities, panelists shared in a webinar on Wednesday. “What fintech really does is it enables community...
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