China is funding the U.S. fentanyl crisis, House panel says in new report
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House Democrat says cutting federal funds for Harvard 'needs to be on the table'
Rep. Jake Auchincloss (D-Mass.) on Sunday said cutting federal funds for Harvard University and other schools should be an option "on the table" over their handling of campus antisemitism. Auchincloss, who is an alum of Harvard, visited the Ivy ...The Hill - Politics -
Merrick Garland contempt resolution clears House panel
The House Judiciary Committee advanced a resolution Thursday to hold Attorney General Merrick Garland in contempt of Congress. CBS News congressional correspondent Scott MacFarlane reports.CBS News - Top stories -
House panels vote to hold Garland in contempt
Two House committees on Thursday advanced measures to hold Attorney General Merrick Garland in contempt of Congress in an effort to censure him for failing to turn over audio recordings of the president. A last-minute move from President Biden to ...The Hill - Politics -
China Says It Will Start Buying Apartments as Housing Slump Worsens
Signaling growing alarm, policymakers ramped up efforts to stem a continued decline in real estate values.The New York Times - Business - China -
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China rolls out new measures to fix its property crisis, spur growth
China has announced fresh measures to revive its ailing property industry after the latest data showed housing prices slumped further in AprilABC News - World - China -
American IT Scammer Helped North Korea Fund Nuclear Weapons Program, U.S. Says
The Justice Department alleges an Arizona woman and others helped foreign workers with North Korean connections get freelance gigs at U.S. companies.The Wall Street Journal - World - North Korea -
Garland contempt resolution clears House panels as Biden asserts privilege
The Justice Department said Thursday morning that the president was asserting executive privilege over the recordings with special counsel Robert Hur.CBS News - Politics - Joe Biden -
House panel accuses Harvard of suppressing antisemitism group's findings
The House Education and the Workforce Committee released a report Friday it says shows Harvard University's lack of action against antisemitism, accusing the top university of suppressing its own antisemitism taskforce’s recommendations. ...The Hill - Politics -
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White House refuses to comment on Alito reports but says Biden believes ‘American flag is sacred’ – live
Karine Jean-Pierre says Biden believes US flag is ‘owed proper respect’ in wake of report saying upside-down US flag flew outside Alito’s home. Upside-down US flag reportedly hung outside Samuel Alito’s home days after Capitol attackThe Hawaii ...The Guardian - World - Joe Biden -
The White House says FDIC chairman to step down following report on agency's toxic workplace culture
The chairman of the Federal Deposit Insurance Corporation will step down from his post once a successor is appointedABC News - Top stories -
An Unfinished Film review – moving and mysterious movie about China’s Covid crisis
Cannes film festivalLou Ye’s docu-realist film starts as sophisticated comedy, morphs from looking like a zombie apocalypse to intimate drama, and evolves into a tribute to how a nation handled trauma. Out of agony and chaos, Chinese film-maker ...The Guardian - World - Covid -
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Biden Moves to Protect U.S. Solar Panel Makers From Cheap Chinese Imports
Added tariffs and better access to subsidies for domestically made panels will play to voters and could further the U.S. adoption rate for sustainable power equipment.Inc. - Business - Joe Biden -
House GOP looks to undercut McCarthy-Biden deal for 2025 funding
Rep. Tom Cole (R-Okla.), chair of the powerful House Appropriations Committee, on Thursday previewed the funding levels at which GOP negotiators are seeking to craft their annual government spending bills for fiscal 2025. Republicans are proposing ...The Hill - Politics -
John Fetterman says it's ‘absurd’ to say he's a bully
Sen. John Fetterman said he was only responding to the chaos when he tweeted that a House panel had gone off the rails.Politico - Politics -
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Taiwan’s new president takes office and calls on China to cease hostile actions
Lai Ching-te uses inauguration speech to push for peace in the region and says future of Taiwan important to future of the world. Lai Ching-te has been sworn in as Taiwan’s new president, urging China to “cease their political and military ...The Guardian - World - China -
Trump’s Reported Fund-Raising Tops Biden’s for First Time
The pace of giving to Donald Trump’s campaign and the Republican Party picked up in April, according to his advisers. But President Biden still has far more cash on hand.The New York Times - Top stories - Joe Biden -
China Is Finally Getting Serious About a Housing Rescue
Beijing has announced a plan to clear the backlog of unsold homes, but questions remain over the scale and financing of the program.The Wall Street Journal - World - China -
Last pandas in the U.S. are going back to China
The last pandas in the U.S. --four at Zoo Atlanta -- will soon be heading back to China this fall as a loan agreement expiresCBS News - Top stories - China -
The U.S. Finally Has a Strategy to Compete With China. Will It Work?
The strategy, which took seven years to come together, is a three-legged stool consisting of tariffs, security restrictions and tech subsidies.The Wall Street Journal - World -
As crisis escalates in Tunisia, lawyers strike over arrested colleague they say was tortured
Lawyers in Tunisia took to the streets on Thursday to protest a string of recent arrests that have convulsed the country over the past week and provoked international outcryABC News - World -
Reroute funding to boost local NHS services, says opinion poll
Public priorities at odds with government spending programme for community healthcare, data showFinancial Times - World -
BlackRock funds are ‘crushing shareholder rights,' says activist Boaz Weinstein
Boaz Weinstein is fighting for control or reform at 10 BlackRock closed-end funds, which trade at a steep discount to their net asset value.CNBC - Business -
With Ukraine Funded, New Fight Emerges in Congress Over Pentagon Spending
Mitch McConnell and other top Republicans want more federal money for the military. But Democrats say domestic programs must get an equivalent boost.The New York Times - Top stories - Ukraine -
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Crypto Venture Firm New Form Aims to Raise $100 Million Fund
Crypto and blockchain-focused venture firm New Form Capital is returning to the fundraising market, seeking to raise a $100 million fund in the latest sign investors remain bullish on the once-beleaguered crypto sector.The Wall Street Journal - World - Crypto -
New York lawmakers push to block hedge funds’ sovereign bond litigation
Bill seeks to stop ‘vulture fund’ investors from winning high payouts through the state’s courtsFinancial Times - Business - New York -
Too Big or Not Enough? China Housing Bailout Treads a Fine Line
Beijing will try to provide enough support to absorb unsold apartments while not sparking a new bubble.The Wall Street Journal - World - China -
Morning Report — House GOP’s political jujitsu; Cohen has a rough day
President Biden is entering a critical phase of his presidency and his campaign. House Republicans want to make it more difficult. Conservatives in the House on Thursday used a bill that will go nowhere in the Senate to showcase uncomfortable ...The Hill - Politics -
12:30 Report — Inside the House's late-night drama
{beacon} 12:30 REPORT Happy Friday! Season 3 of Bridgerton is out and I’m SO excited. Here’s what’s happening today: House lawmakers erupted into a verbal brawl last night during a hearing. It was wild. Just watch the video. That’s all I’ll say. ...The Hill - Politics -
Evening Report — Chaotic late-night House hearing continues to play out
A quick recap of the day and what to look forward to tomorrow {beacon} Evening Report © Getty Images/AP Late-night House fracas continues to roil Congress Speaker Mike Johnson (R-La.) sought to calm the waters after an intensely personal war of ...The Hill - Politics -
Putin meets Xi as Russia-China ties flourish amid tension with U.S.
Xi Jinping welcomes Vladimir Putin to Beijing - talking peace in Ukraine amid a backdrop of war and growing tension with the U.S. and NATO.CBS News - Politics - China -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Last pandas in the U.S. have a timetable to fly back to China
Atlanta received Lun Lun and Yang Yang from China in 1999 as part of a 25-year loan agreement that will soon expire.CBS News - Top stories - China -
Microsoft Asks Hundreds of China-Based AI Staff to Consider Relocating Amid U.S.-China Tensions
The request comes as the Biden administration toughens controls on China’s access to cutting-edge American technology.The Wall Street Journal - Tech - China -
Xi Jinping's strongman politics is China’s 'new normal'
Rather than go “back to the future” after Xi (who may yet rule for decades), China is unlikely to liberalize.The Hill - Politics - China -