#CAPITOLHILL News, Headlines and Posts

Three takeaways from the Columbia University president’s testimony on antisemitism

aol.com For nearly four hours, another Ivy League school president faced a congressional grilling over antisemitism on campus. Columbia University President Minouche Shafik tried to…

Wall Street pushes out rate-cut expectations, sees risk they don't start until March 2025

cnbc.com Federal Reserve Chair Jerome Powell speaks during a House Financial Services Committee hearing on the "Federal Reserve's Semi-Annual Monetary Policy Report" on Capitol Hill…

Be a Wary Reader in the 2024 Election

wsj.com Disinformation from Russia and China is evolving and has even spread to Capitol Hill.

Senate Democrats unceremoniously kill Mayorkas impeachment trial

businessinsider.com Homeland Security Secretary Alejandro Mayorkas on Capitol Hill on Tuesday. Allison Bailey/Middle East Images/AFP via Getty Images The Senate voted on party lines to…

The overlooked threats to the global financial system

financialpost.com Since the great financial crisis of 2007-08, regulators have engaged in the biggest push since the 1930s to de-risk the global financial system. Yet instability and flawed…

Boeing whistleblower: ‘They are putting out defective airplanes’

aol.com Boeing’s already battered reputation took another hit at two Senate committee hearings Wednesday on Capitol Hill, with witnesses questioning how the company builds airplanes…

Boeing faces scrutiny in Senate hearings over aircraft safety and quality

cnbc.com US Senator Richard Blumenthal (L) greets Boeing engineer Sam Salehpour as he arrives to testify before the US Senate Homeland Security and Governmental Affairs Subcommittee…

'Bitcoin Senator' Lummis Leads Push for US Stablecoin Legislation

decrypt.co Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) introduced fresh stablecoin legislation Wednesday, renewing lawmakers’ years-long attempt at enacting a…

Mike Johnson strikes first in foreign aid fight that threatens his job

axios.com After 36 hours of agonizing inaction, House Speaker Mike Johnson has given Democrats a reason, and a timeline, to bail him out. Why it matters: A GOP-led Johnson ouster…

Boeing ignores safety concerns, production defects, whistleblower says

cbsnews.com Boeing whistleblowers testified on Capitol Hill Wednesday, alleging that the aviation giant prioritized profits over safety and accusing it of discouraging employees from…

Democrats on Jan. 6 Committee Fear Trump Will Follow Through on His Threats to Jail Them: He Says ‘What He Means’

mediaite.com AP Photo/J. Scott Applewhite, File Democratic lawmakers who served on the January 6th committee fear that former President Donald Trump may jail them if he is reelected.…

Hundreds could die if Boeing fails to handle quality issues, whistleblower says

theguardian.com Engineer Sam Salehpour says he fears ‘physical violence’ for going public with concerns about ‘no safety culture’ at the planemaker Hundreds of people could lose their lives…

Crypto-Skeptic Senator Sherrod Brown Open To Stablecoin Legislation, Bloomberg Reports

cryptonews.com Senator Sherrod Brown (D-H), a noted crypto-skeptic, expressed openness to stablecoin legislation amidst news of a bipartisan bill proposed by Representatives Cynthia Lummis…

Are New AI Voice Laws Going Too Far? Plus Jelly Roll Lawsuit, Taylor Swift On TikTok & More Legal News

billboard.com This is The Legal Beat, a weekly newsletter about music law from Billboard Pro, offering you a one-stop cheat sheet of big new cases, important rulings and all the fun stuff…

Why, exactly, does Mike Johnson see himself as a ‘wartime speaker’?

msnbc.com Six months into his tenure, it’s likely that House Speaker Mike Johnson thought the job would be easier. When the Louisiana Republican received the gavel in October — he…

Cathie Wood Believes This Fast-Paced Artificial Intelligence (AI) Stock Can Skyrocket 1,138%, but Congress' Most Active Stock Trader Is Selling Shares

finance.yahoo.com Nikola Tesla was born during a lightning storm. He later earned the nickname "the wizard of lightning" because of his electrical inventions. It probably shouldn't be…

Boeing braces for back-to-back Senate hearings scrutinizing ‘broken safety culture’

thehill.com Two Senate committees will scrutinize Boeing’s safety culture and new whistleblower allegations Wednesday as the company remains under a microscope. Boeing was thrust into…

Whistleblower urges Boeing to ground all 787 Dreamliners after safety warning

theguardian.com A whistleblower has urged Boeing to ground every 787 Dreamliner jet worldwide after warning they are at risk of premature failure ahead of a high-profile hearing on Capitol…

Johnson faces another threat to speakership over Ukraine and Israel aid plans

pbs.org On Capitol Hill, House Speaker Mike Johnson spent the day juggling his foreign aid priorities for Ukraine and Israel with potential threats to his job from members of his…

Biden Refuses To Testify In GOP Impeachment Inquiry

zerohedge.com Biden Refuses To Testify In GOP Impeachment Inquiry Authored by Zachary Stieber via The Epoch Times (emphasis ours), President Joe Biden will not be testifying to U.S. House…

Republican House panel launches probe into Biden's FTC-DOJ task force on corporate pricing

cnbc.com FTC Commissioner nominee Lina M. Khan testifies during a Senate Commerce, Science, and Transportation Committee hearing on the nomination of Former Senator Bill Nelson to be…

Stock market today: Dow snaps 6-day losing streak, Powell warns on inflation

finance.yahoo.com The Dow snapped a six-day losing streak on Tuesday as investors digested a "higher-for-longer" interest rate mantra from the Federal Reserve. The Dow Jones Industrial…

‘Don’t Mess With The Swifties!’ Jim Acosta Cheers Action Against Ticketmaster-Live Nation

mediaite.com CNN anchor Jim Acosta celebrated news of a Justice Department probe into Ticketmaster parent company Live Nation, and said the moral of the story is “Don’t mess with…

Stock market today: Stocks wobble as earnings roll in, Powell comments on inflation

finance.yahoo.com US stocks searched for direction on Tuesday as the Dow looked to snap a six-day losing streak. The Dow Jones Industrial Average (^DJI) lost steam following comments from…

US Senate to Vote on a Wiretap Bill That Critics Call ‘Stasi-Like’

wired.com The United States Senate is poised to vote on legislation this week that, for the next two years at least, could dramatically expand the number of businesses that the US…

‘Absurd!’ Speaker Johnson Rages as Move to Oust Him Picks Up Major Momentum

mediaite.com House Speaker Mike Johnson (R-LA) declared he’s not resigning amid a growing effort to oust him from his position. Rep. Thomas Massie (R-KY) announced on Tuesday that is…

House Republicans fear Trump too much to aid Ukraine

economist.com America’s Congress does not have a reputation for productivity, but its failure to authorise more aid for Ukraine is unusual even for the underachievers on Capitol Hill. And…

Sen. Tom Cotton encourages drivers to drag Gaza cease-fire protestors from blocked roads

cnbc.com U.S. Senator Tom Cotton (R-AK) speaks during a Senate Intelligence Committee hearing on worldwide threats to American security, on Capitol Hill in Washington, U.S., March…

Live Nation stock tumbles on report of antitrust probe

aol.com stock fell about 7% early Tuesday after the Wall Street Journal reported the Department of Justice (DOJ) is preparing to file an antitrust lawsuit against the company as…

New report estimates U.S. fraud losses exceed $233 billion annually

washingtonpost.com The U.S. government may lose between $233 billion and $521 billion to fraud each year, according to a rough, first-of-its-kind federal estimate released Tuesday. But the…

A Hand In Making A Difference: WSOP App Hosts 72-Hour Online Pokerthon in Partnership with Disabled American Veterans

benzinga.com As hands are dealt, players can join the WSOP free-to-play app to raise funds and awareness for those who have served in honor of National Poker Day. HERZLIYA, Israel, April…

Tenn. Senator Says 'Liberty And Freedoms' At Stake In Volkswagen Workers' Union Vote

huffpost.com “I hope that the workers of Tennessee take a very, very careful look at this and what it means for their liberty and freedoms at the end of the day,” Hagerty told HuffPost…

Bank of America is set to report first-quarter earnings

cnbc.com Bank of America Chairman and CEO Brian Thomas Moynihan testifies during a Wall Street oversight hearing by the Senate Banking, Housing, and Urban Affairs committee on…

Biden’s options for retaliating against Iran risk antagonizing China

washingtonpost.com President Biden’s aides are preparing to hit Iran with economic sanctions over Tehran’s attack on Israel, but experts say they face limited meaningful options for doing so…

Judge James C. Ho's Remarks to the Midland County Bar Association

reason.com [I heard about Judge Ho's speech and thought it relevant to some of the recent discussions on this blog, so I asked him if I could publish it. He kindly obliged.] Midland…

Chinese EV CEO calls for 'cooperation' amid political tension in U.S

thestreet.com Imports of electric vehicles from China are one of the hottest topics on Capitol Hill at the moment, as politicians from both sides of the aisle are calling from some sort…

America hits Chinese biotech

economist.com AMERICAN HEALTH-CARE costs are sky-high; as treatments get pricier and the number of patients swells owing to an ageing population, they are getting higher. Chinese…

Will Tennessee’s New AI Voice Law Have Unintended Consequences?

billboard.com A new law in Tennessee aimed at protecting artists from AI-powered voice mimicry has won widespread acclaim from the music industry, but some legal experts are worried such…

Op-ed: There's a potential tax increase coming. Here's what you need to know

cnbc.com It is common folklore, a fairy tale of sorts, that middle-class Americans received perpetual relief in the Tax Cuts and Jobs Act of 2017. First, property taxes generate 32%…

Behind Biden's delay on going "nuclear" at the border

axios.com President Biden's road to a dramatic executive order to stem illegal border crossings — now expected within weeks — has dragged out for months as he prepares for legal…

Antitrust fervor is gripping Washington and Silicon Valley. But lawsuits have been declining

aol.com US antitrust lawsuits have been falling since the pandemic despite a high-profile legal war pitting Washington against Silicon Valley. Civil antitrust cases alleging…

Broken and unreliable EV chargers become a business opportunity for L.A.'s ChargerHelp

latimes.com Right place, right time, with an eye for opportunity, a commitment to economic growth for all, and a will to get things done. That’s entrepreneur Kameale Terry, co-founder…

Jay Powell is trying to avoid the fate of a 1970s predecessor. Biden and Trump are making that harder

aol.com Fed Chair Jerome Powell is facing intensifying pressure as hotter-than-expected inflation complicates his coming interest rate decisions. The fact that both Joe Biden and…

ate the federal budget

politico.com Five months before Congress faced a near-catastrophic standoff over the debt ceiling, with Republicans demanding restrictions to food and Medicaid programs to rein in…

Brooks and Marcus on how abortion restrictions could motivate voters in November

pbs.org New York Times columnist David Brooks and Washington Post associate editor Ruth Marcus join Geoff Bennett to discuss the week in politics, including a major abortion…

All of a sudden, Ted Cruz really doesn't want to talk about his podcast

aol.com None Ted Cruz is in some hot water over his thrice-weekly "Verdict" podcast. • None He's been accused of violating the law by directing the podcast's ad revenue to a super…

Steve Bannon trashes "meaningless" Donald Trump event

newsweek.com Steve Bannon, right-wing media personality and former White House chief strategist under the Trump administration, trashed an event between former President Donald Trump and…

Leading Lawmakers From House Financial Services Committee Meet With Chuck Schumer To Discuss Stablecoin Bill: Punchbowl News

cryptonews.com Leading U.S. lawmakers from the House Financial Services Committee met with Senate Majority Leader Chuck Schumer Thursday afternoon to discuss their long-awaited stablecoin…

Boeing whistleblower, aviation experts called to testify before Senate

thehill.com A Boeing whistleblower and a panel of aviation experts will testify at Senate committee hearings next week to discuss safety and quality concerns regarding the U.S. aviation…

New whistleblower claims put Boeing's quality control under more scrutiny

abcnews.go.com Boeing has come under fire and intense scrutiny ever since a door plug flew out of an Alaska Airlines flight on Jan. 5. Investigators revealed the plane, a 737 Max, was…

Crypto Leaders Helped John Deaton Outraise Sen Warren In Senate Bid

coingape.com The race on who gets to represent Massachusetts at Capitol Hill is kicking off to a competitive start as top crypto leaders have placed their bet on pro-XRP lawyer John…

Larry Fink lashes out at BlackRock's political critics: They 'continuously lie'

finance.yahoo.com CEO Larry Fink lashed out at political critics of the world's largest money manager in combative new comments Friday, saying they "continuously lie." The remarks came as his…

‘Existential threat to the American auto industry’: Joe Biden urged to ban China-built EVs by influential Capitol Hill lawmaker

aol.com Facing stiff reelection odds in November, President Joe Biden is being urged by an influential lawmaker on Capitol Hill to shut the door to America’s market for good on…