Latest in Growing Federal Debt
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Trump vows to pursue executions after Biden commutes most of federal death row
President-elect Donald Trump says he'll “vigorously pursue” capital punishment after President Joe Biden commuted the sentences of most people on federal death row partly to stop Trump from pushing ...ABC News - 6h -
Federal Reserve proposes more transparency in bank stress tests, but banks still sue
Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve’s bank stress tests imposed after the 2008 global ...MarketWatch - 8h -
Ex-Eagles player pleads guilty to federal fraud charges related to pandemic aid programs
Former Philadelphia Eagles running back Wendell Smallwood Jr. is facing sentencing after he pleaded guilty to federal fraud chargesABC News - 8h -
What rights do I have if my credit card debt is in collections?
By knowing these rights, you may be able to avoid some of the common pitfalls associated with debt collection.CBS News - 10h -
Biden vetoes bill to add dozens of new federal judgeships
President Biden on Monday vetoed a bill that would have added 66 federal district judgeships through 2035, citing "hurried action" by the House as his reason. CBS News White House reporter Willie ...CBS News - 10h -
Trump blasts Biden's federal death row commutations: 'Makes no sense'
Trump took aim Tuesday at Biden’s decision to commute the sentences of nearly all federal death row prisoners, adding to the backlash in an unprecedented move that has brought both criticism and ...NBC News - 11h -
Biggest banks sue the Federal Reserve over annual stress tests
A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests, saying the current process falls short.CNBC - 14h -
Silicon Valley's White House influence grows as Trump taps tech execs for key roles
Trump nominated top tech leaders for key spots in his administration, including executives who've held roles at Andreessen Horowitz and PayPal.CNBC - 1d -
Biden has appointed more Black federal judges than any other president
As Biden confirms his final judicial nominees before his single term in office ends, he is on track to have appointed the most federal judges of color of any president.NBC News - 1d -
Starbucks strike grows as workers demand higher pay and better conditions
Starbucks baristas in 12 cities are on strike, demanding higher wages and better working conditions.The walkouts come just days before Christmas, with workers speaking out against the company's ...CBS News - 16h -
Biden vetoes 66 new federal judgeships, blames "hurried action" by House
President Biden vetoed an effort to add 66 federal district judgeships, saying "hurried action" by the House left important questions unanswered.CBS News - 17h -
My grandfather co-signed my cousin’s student loan. After my grandfather died, my cousin skipped town. Will the estate have to pay the debt?
“The loan is now in default, and I have no idea where this grandson is.”MarketWatch - 17h -
‘I’m young, debt-free and happy-go-lucky’: My boyfriend has $45,000 in debts, two houses, two kids and pays child support. Is he a safe bet to marry?
“Lately, we’ve been discussing the future, including marriage.”MarketWatch - 18h -
Will Troubled Police Departments Escape Federal Accountability?
As time runs out for the Biden administration, cities like Minneapolis — where an investigation found abuse and racial discrimination — may avoid oversight.The New York Times - 19h -
What is the 7-in-7 rule with credit card debt collectors?
If you have debt in collections, understanding how the 7-in-7 rule works could come in handy. Here's why.CBS News - 1d -
Why Biden didn't commute 3 federal death row sentences
President Biden commuted the sentences for 37 of the 40 federal inmates on death row. CBS News senior White House and political correspondent Ed O'Keefe breaks down why the president opted not to ...CBS News - 1d -
The presidential solution to taming the growing federal debt
The federal debt is growing rapidly due to Congress' incentives to spend, but the president's impoundment power could provide a natural counterbalance to this by allowing the president to trim ...The Hill - 1d -
Trump’s pick to lead Federal Railroad Administration a positive for railroad stocks: analyst
David Fink, the former president of Pan Am Railways, is “carrier friendly,” according to TD Cowen.MarketWatch - 1d -
Biden did the right thing granting clemency to 37 federal death row inmates
President Biden is urged to commute all federal death sentences to life in prison in order to keep his promise as the first president to oppose capital punishment and secure his legacy as a ...The Hill - 1d -
Who are the 3 federal death row inmates whose sentences Biden didn't commute?
President Biden left in place the capital punishment sentences of just three federal inmates: Robert Bowers, Dzhokar Tsarnaev and Dylann Roof.CBS News - 1d -
These 3 federal death row inmates were not on Biden's commutation list
President Biden gave commutations of sentences to 37 people on federal death row Monday. Those who received the Monday commutations of their sentences saw them go from execution to life with no ...The Hill - 1d