Day: December 23, 2024
Experts Warn That Proposed FDIC, FERC Rules Could Hurt Banks, Energy Sector
Some recent proposed regulatory changes by two key federal agencies are raising alarms among experts and former regulators, who warn that the moves could destabilize the banking sector and drive up energy prices.
The US Federal Deposit Insurance Corporation announced proposed rules on Regulations Implementing the Change in Bank Control Act that would tighten control over index fund managers’ investments in banks. The proposed rule would require asset managers who own more than a 10% stake in a regulated bank to secure FDIC approval through a written notice, adding a new layer of scrutiny on top of Federal Reserve Board oversight, which already reviews such investments.
North Carolina Elections Board Allows Potentially Illegal Votes Because They Probably Didn’t Affect Outcomes
Friday’s hearing addressed protests to ballots allegedly cast by felons, ballots cast by early voters who then died before Election Day, and ballots from voters not properly registered.
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Another Last-Second Budget Deal
Budgeting is one of the fundamental duties of Congress, and the Mike Johnson-led House can’t seem to herd the Republican cats as well as iron-fisted Nancy Pelosi herded her fellow Democrats.
Democrats, of course, wanted a shutdown because it would’ve allowed them to demagogue the issue and claim that Donald Trump and his fellow Republicans can’t govern.
Secret Service Scandal: Biden-Era Agents Allegedly Ordered to Wipe Phones Amid Jan 6 Investigation…
https://x.com/julie_kelly2/status/1870867919799828648
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Biden Commutes Death Row Sentences for 37 Inmates; Luigi Mangione to Be Arraigned on State Charges
President Joe Biden has commuted the sentences of 37 of the 40 inmates currently on federal death row, converting their punishments to life imprisonment. The move spares the lives of inmates convicted of killing police and military officers, as well as several involved in deadly bank robberies or drug deals. The three people who were […]
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Biden Makes Last Ditch Effort to Throw a Wrench in Trump’s Education Agenda
https://bonginoreport.com/sports/biden-makes-last-ditch-effort-to-throw-a-wrench-in-trumps-education-agenda
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Texas AG Sues NCAA over Trans Inclusion in Women’s Sports
https://bonginoreport.com/sports/texas-ag-sues-ncaa-over-trans-inclusion-in-womens-sports
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3 Million ‘Temporary’ Migrants Could Sway Congressional Seats Thanks To Census Bureau Change
A Census Bureau change enables blue states to keep congressional seats because their population is propped up with illegal aliens.
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