Ex FDIC Chair Sheila Bair says it’s wrong for regulators to ‘discourage’ regional bank mergers
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Maxine Waters backs FDIC chair after sexual harassment report
The top Democrat on the House Financial Services Committee blasted a third-party investigation of sexual harassment and misconduct at the Federal Deposit Insurance Corp. (FDIC), arguing it focuses disproportionately the agency's current Democratic ...The Hill - Politics -
FDIC Chairman Martin Gruenberg faces hearings on Capitol Hill next week after a scathing report outlined sexual harassment and other misconduct at the regulator.
FDIC Chairman Martin Gruenberg faces hearings on Capitol Hill next week after a scathing report outlined sexual harassment and other misconduct at the regulator.The Wall Street Journal - World -
New child abuse laws a 'fudge', inquiry chair says
Survivors of child sex abuse say new plans to stop institutional cover-ups are a “kick in the teeth” for victims.BBC News - Top stories -
Can Parrots Converse? Polly Says That’s the Wrong Question.
In a cautious new paper, scientists tried to determine whether an interactive speech board might enrich the life of a parrot named Ellie.The New York Times - World -
Vance says he was ‘wrong’ in past remarks on Trump
Sen. JD Vance (R-Ohio) said Sunday that his past remarks about then-candidate Donald Trump ahead of the 2016 election were "wrong." CNN's Dana Bash pressed Vance on a tweet that he posted in 2016 when the "Access Hollywood" tape of Trump surfaced ...The Hill - Politics - Donald Trump -
Ukraine facing ‘difficult’ situation in Kharkiv region, military chief says
Ukrainian commander admits his forces are on the back foot as Russia claims to have taken more villages. Ukraine’s top military commander admitted on Sunday that the situation in the north-eastern Kharkiv region was “difficult” as Russia continued ...The Guardian - World - Ukraine -
Florida police storm wrong apartment, kill U.S. airman, attorney says
Senior Airman Roger Fortson was in his off-base apartment last week in Florida when deputies burst through his door and shot him six times after seeing he was armed with his legally owned gun, according to civil rights attorney Ben Crump. The ...CBS News - Top stories - Florida -
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The Toxic Atmosphere at the FDIC. A WSJ Investigation.
The Wall Street Journal revealed how the federal banking agency failed to address sexual harassment and other toxic workplace behaviors by its employees.The Wall Street Journal - World -
The FDIC's Campaign Against Fintech Companies
With no authorization from Congress, the bank regulator tries to suppress these innovative firms.The Wall Street Journal - World -
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Ukraine says Russia is trying to break through its defenses in the northeastern Kharkiv region
Ukraine has rushed reinforcements to its northeastern Kharkiv region to hold off a Russian attempt to breach local defensesABC News - World - Ukraine -
Bank holds rate but says it's 'optimistic' things moving in right direction
The governor of the Bank says it needs to "see more evidence" of falling inflation before cutting the base rate.BBC News - Top stories -
Ford's recall of Bronco and Escape raises "significant safety concerns" federal regulators say
Highway safety regulators say automaker's remedy for a fuel injector recall does not actually fix the problem.CBS News - Top stories -
Bills RB Frank Gore Jr. says he's ready to 'prove people wrong' after going undrafted
Gore is driven to prove that he belongs in the NFLCBS Sports - Sports -
Top Democrat stands behind FDIC chief
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Waters backs FDIC chair after scathing report Rep. Maxine Waters (Calif.), top Democrat on the House Financial Services Committee, ...The Hill - Politics -
Trump Media investor convicted of insider trading ahead of merger
Trump Media, whose majority shareholder is Donald Trump, completed a merger with DWAC more than two years after the deal was announced.CNBC - Business - Donald Trump -
World Bank and IMF can press Ghana to rethink ‘punitive’ LGBTQ law, charities say
Charities and campaign groups are calling on bodies to say they may stop funding country if legislation comes into effect. The World Bank and the International Monetary Fund are coming under pressure to use their financial might to persuade Ghana ...The Guardian - World -
Biden Is Doing It All Wrong
He is focused on firming up his Democratic base even though the election will come down to centrist swing voters in battleground states.The New York Times - Top stories - Joe Biden -
Biden’s Labor chief calls FDIC revelations ‘clearly horrific’
Acting Secretary of Labor Julie Su described revelations stemming from a probe into allegations of sexual harassment and discrimination at a top bank regulator as “clearly horrific” at a hearing on Thursday. During tense questioning by Sen. John ...The Hill - Politics - Joe Biden -
Seersucker Day at the Capitol gets date, new co-chair
Sen. Raphael Warnock (D-Ga.) is getting ready to try on a new role as part of a Capitol Hill fashion tradition — he's one of the co-chairs of National Seersucker Day. The Georgia Democrat will join Sen. Bill Cassidy (R-La.) as co-chair of the June ...The Hill - Politics -
Restoring a Chair Is Easier Than You Think. Ask the Brownstone Boys.
Jordan Slocum and Barry Bordelon have a lot of practice restoring brownstones in Brooklyn, so refinishing a chair was no big deal. Here’s how they did it.The New York Times - Lifestyle -
Tiger Woods takes charge of players’ voice in golf merger talks as DP World Tour frozen out
The DP World Tour is still waiting to be granted an exclusive place at the negotiating table after Tiger Woods was confirmed as the sole player who will be involved in the PGA Tour’s crunch summits with the Saudi Public Investment Fund.Yahoo Sports - Sports - Golf -
Russia launches major offensive in Kharkiv region
Russian troops on Friday launched a major attack on Ukraine's Kharkiv region, forcing Ukrainian troops to reposition and defend against a new front. Russian forces appear to have launched the offensive from the Russia's Belgorod region and are ...The Hill - Politics - Russia -
Regulators at last have oil-price fixing in their sights
The FTC’s ruling on Exxon-Pioneer deal shines a spotlight on the workings of Opec and industry executivesFinancial Times - Business -
Hispanic Caucus Chair: Biden should take action on immigration since Congress is ‘not functional’
Rep. Nanette Barragán (D-Calif.), chair of the Congressional Hispanic Caucus, joins Meet the Press NOW to discuss new border action under consideration by President Biden.NBC News - Politics - Joe Biden -
Fat Brands stock craters after company, chair Andy Wiederhorn charged in $47 million 'sham' loan scheme
Fat Brands' portfolio includes Fatburger, Johnny Rockets and Twin Peaks.CNBC - Business -
Biden's 'Xenophobic' Slur Wrongs India and Japan
India has welcomed immigrants, including persecuted ones, for thousands of years.The Wall Street Journal - World -
Here’s what TikTok is getting wrong about America
TikTok could have been a positive force for change in the U.S. tech industry.MarketWatch - Business - Tiktok -
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Russia launches assault on Kharkiv region in north-eastern Ukraine
Moscow uses superior weaponry and manpower in attempt to make gains before arrival of more US military aidFinancial Times - Business - Ukraine -
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Lithuanians vote in presidential election amid security fears in Baltic region
Gitanas Nausėda, the incumbent, has led polls in campaign focused on war in Ukraine and threat from Russia. Lithuanians are going to the polls on Sunday to vote in a presidential election amid growing fears about Moscow and security in the Baltic ...The Guardian - World -