Latest in Federal Funding Influenza
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Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi
Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...The Guardian - Jan. 6 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
France's former President Sarkozy standing trial over alleged campaign funding by Libya's Gadhafi
France’s former President Nicolas Sarkozy goes on trial Monday over alleged illegal financing of his 2007 presidential campaign by the government of late Libyan leader Moammar GadhafiABC News - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6 -
Federal Agencies are too powerful. 2025 is Congress’ chance to bring them back down to Earth.
Congress has the power to legislate, but federal agencies have mistakenly assumed that power, resulting in an expansion of the administrative state and increased regulatory costs.The Hill - Jan. 5 -
California Police Department Agrees to Reforms After Federal Inquiry
The Antioch Police Department was under investigation by the Justice Department after racist text messages between its officers were released in 2023.The New York Times - Jan. 5 -
ATF head warns that the Trump administration's funding cut plans could risk lives
Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...CBS News - Jan. 4 -
100% stocks for retirement? A new study says dump the 60/40 portfolio and target-date funds.
An all-equity portfolio, with a focus on international stocks, could be the key to maximizing retirement wealth, research suggests.MarketWatch - Jan. 4 -
Do stock holdings reflect individual risk preferences or the growing use of target-date funds?
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story.MarketWatch - Jan. 4 -
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Why is George Santos asking for a sentencing delay in federal fraud case?
George Santos is currently scheduled to be sentenced next month on Long Island after pleading guilty to federal fraud, campaign finance and embezzlement charges.ABC News - Jan. 3 -
Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - Jan. 4 -
House Republicans Pledge Drilling and Make It Easier to Shed Federal Land
The newly elected Speaker said the party would make it a priority to “restore America’s energy dominance.”The New York Times - Jan. 3 -
Federal court decision won't change California net neutrality law
The 6th Circuit Court of Appeals blasted the FCC's attempts to regulate broadband internet, but state laws in California and New York remain intact.Los Angeles Times - Jan. 3 -
Federal agencies warn of copycat attacks after Bourbon Street rampage
Federal agencies including the FBI warned of the potential for copycat vehicle ramming attacks after the deadly rampage on Bourbon Street in New Orleans.CBS News - Jan. 3 -
Net neutrality rules about internet speeds blocked by federal appeals court
A federal appeals court has ruled that the FCC overstepped its authority by reinstating "net neutrality" rules governing internet service providers.CBS News - Jan. 3 -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - Jan. 3 -
Federal courts won't ask DOJ to probe possible Clarence Thomas ethics breaches
The federal courts will not refer allegations that Supreme Court Justice Clarence Thomas may have violated ethics laws to the Justice Department, the judiciary's policymaking body says.CBS News - Jan. 3 -
These tips for investing in mutual funds and ETFs can make 2025 a happy new year
Don’t miss these top money and investing features.MarketWatch - Jan. 3 -
Biden Expected to Permanently Ban Oil Drilling in Some Federal Waters
The move, expected as early as Monday, relies on a 70-year-old law that could make it difficult for the Trump administration to reverse it.The New York Times - Jan. 2 -
Federal Court Strikes a Final Blow to FCC's Net-Neutrality Rules
Appeals-court decision ends effort to regulate internet providers like utilities, citing Supreme Court decision restraining federal agencies’ powers.The Wall Street Journal - Jan. 2 -
FCC’s Net Neutrality Rules Struck Down by Federal Appeals Court
After nearly two decades of fighting, the battle over regulations that treat broadband providers as utilities came to an end on Thursday.The New York Times - Jan. 2 -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - Jan. 2 -
Federal appeals court strikes down Biden net neutrality rules
A federal appeals court ruled this week the Federal Communications Commission (FCC) lacked the authority to restore certain net neutrality rules last year, handing a blow to FCC Democrats and Biden ...The Hill - Jan. 2 -
Federal Judge Keeps Poland Spring’s Water Origin Lawsuit on Docket
A class action suit filed in 2017 that claims ‘not one drop’ of the popular bottled water brand comes from a natural spring will proceed, though some claims were dismissed.Inc. - Jan. 2 -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - Jan. 2 -
Federal Agents Search Home of Former NYPD Chief Jeffrey Maddrey
Jeffrey Maddrey, who had been chief of department, resigned on Dec. 20 after a lieutenant accused him of coercing her into sex.The New York Times - Jan. 2 -
Evidence Against Drinking Has Grown. Will Federal Advice Change?
Officials in other countries are warning about the health hazards of alcohol in any amount. Americans are still told that moderate drinking is safe. What gives?The New York Times - Jan. 2 -
Federal authorities on heightened terror alert despite no known threat
The FBI confirmed that an ISIS flag was on the vehicle used in the deadly New Orleans truck ramming attack that killed at least 15 people and injured dozens of others. It comes as the FBI says the ...NBC News - Jan. 2 -
Biden briefed on New Orleans attack, spoke to mayor about federal support
NBC News' Gabe Gutierrez reports that President Biden has been briefed after a car drove into a crowd in New Orleans and has spoken to the mayor of the city to offer support as the investigation ...NBC News - Jan. 1 -
Federal official says suspect who drove into New Orleans crowd is believed to be dead
A federal official says the suspect who drove into a crowd on New Orleans' Bourbon Street is believed to be dead. NBC News' Tom Winter has details on the incident and the ongoing investigation.NBC News - Jan. 1 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1
