Politics

The good, the bad and the ugly of the $787M Fox News settlement with Dominion

The good, the bad and the ugly of the $787M Fox News settlement with Dominion

Campaign Action The Fox News statement on the outcome of the proceedings is really limited to a single paragraph. It says how pleased Fox News is to reach this agreement, that it did make false claims about Dominion, and somehow, “This settlement reflects FOX’s continued commitment to the highest journalistic standards.” Because paying out three-quarters of a billion after being forced to admit you lied is how Fox displays those “standards.” The statement also says, “We are hopeful that our decision to resolve this dispute with Dominion amicably, instead of the acrimony of a divisive trial, allows the country to…
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McCarthy unveils debt ceiling bill that targets Biden agenda

McCarthy unveils debt ceiling bill that targets Biden agenda

House Speaker Kevin McCarthy (R-CA) speaks at a rally marking the 100th day of Republican control of the House in Washington D.C. on April 17, 2023.Nathan Posner | Anadolu Agency | Getty ImagesWASHINGTON — House Speaker Kevin McCarthy, R-Calif., on Wednesday released his plan to raise the debt ceiling by $1.5 trillion for about a year while attempting to repeal major components of President Joe Biden's agenda.McCarthy said the bill, called the Limit, Save, Grow Act of 2023, would save American taxpayers more than $4.5 trillion by limiting discretionary spending, retrieving unspent pandemic-related funds, eliminating Biden's student loan forgiveness plan…
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Things really couldn’t be any worse for Ron DeSantis

Things really couldn’t be any worse for Ron DeSantis

Campaign Action “As strong Republicans, we must restore Law, Order, and Justice to our country, and President Trump is the right person to do it,” Rutherford continued. So in the name of justice, a former sheriff is endorsing a criminally indicted former president who has called to defund a Justice Department that is still actively investigating him. Cool. Anyway, Rutherford was joined by his Florida counterparts, Reps. Greg Steube and Brian Mast, in bucking DeSantis in the 24-hour news cycle during his Tuesday visit. Steube told Politico Playbook he hadn’t heard once from DeSantis in five years as a Congressman.…
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U.S. can prosecute Halkbank for Iran sanctions

U.S. can prosecute Halkbank for Iran sanctions

Halkbank in Istanbul, Turkey.Kemel Uzel | Bloomberg | Getty ImagesThe Supreme Court ruled Wednesday that Halkbank, which is owned by the government of Turkey, is not immune from criminal indictment in New York federal court under the Foreign Sovereign Immunities Act of 1976 for allegedly violating U.S. economic sanctions on Iran.But the Supreme Court kicked back to a federal appeals court the question of whether Halkbank still can claim sovereign immunity from prosecution in the United States under common law.That raises the prospect that the Supreme Court will again be asked in the future to rule on the legality of…
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Pennsylvania focus groups give glimpse of widening gap between GOP and voters

Pennsylvania focus groups give glimpse of widening gap between GOP and voters

Campaign Action Among the 14 swing voters, 13 had heard about a conservative judge's decision to ban usage of the abortion pill mifepristone and a dozen of them viewed it as extreme partisan overreach. "I just think that they've been using it safely for 20 years, and I don't think that that changes my stance — I'm still still pro-life," said one male registered Republican, "but I still think that if they have to take that for their abortion, they should have the option." Another woman said she was "torn" because she is “pro-life” but, she added, for people who…
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Supreme Court lets New Jersey leave ports compact with New York

Supreme Court lets New Jersey leave ports compact with New York

The Supreme Court ruled Tuesday that New Jersey can unilaterally withdraw from the longstanding Waterfront Commission Compact it has with New York to police corruption in the shipping industry in the major port the two states share.All nine of the Supreme Court's justices voted to dismiss arguments by New York in favor of forcing New Jersey to stay in the compact.Justice Brett Kavanaugh wrote the nine-page majority opinion in the case, which is a victory for container shipping companies and the International Longshoreman's Association, the union that represents dockworkers.The ruling, which came after five years of litigation in federal district…
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This is a new low, even for Mitch McConnell

This is a new low, even for Mitch McConnell

Campaign Action McConnell has declared he won’t let Sen. Dianne Feinstein have her wish to be temporarily replaced on the Senate Judiciary Committee while she continues to recover from a serious illness. McConnell’s excuse? He said on the Senate floor Tuesday that he’s sticking up for her as evil Democrats are trying to force her out. He says she’s a “titanic figure” and “stateswoman” and that “same far-left voices” are trying to “move her off of the Judiciary Committee indefinitely. Indefinitely.” Never mind that Feinstein asked to be replaced. It was her idea. “I understand that my absence could delay…
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Gensler defends SEC crypto crackdown in House hearing

Gensler defends SEC crypto crackdown in House hearing

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, U.S., September 14, 2021.Evelyn Hockstein | ReutersWASHINGTON — Securities and Exchange Commission Chairman Gary Gensler faced a barrage of criticism from House Republicans on Tuesday over his agency's crackdown on cryptocurrency trading platforms.In more than four hours of testimony before the House Financial Services Committee, Gensler stood firm on his view that crypto trading platforms and exchanges should abide by strict U.S. securities laws."All of these companies should come into compliance with…
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Chris Christie harshly criticizes Trump over Stormy Daniels payment, mulls possible 2024 run

Chris Christie harshly criticizes Trump over Stormy Daniels payment, mulls possible 2024 run

During the interview, Christie indicated that the 2024 field is weak, claiming it is “vacant compared to what I dealt with in 2016.” He also thinks that a Trump presidential run is—or at least should be—a nonstarter. “You have someone who has had an affair with a porn star, paid her off $130,000 to cover it up, to keep that information from the American people,” said Christie. ”That’s not the character of somebody who I think should be president of the United States.” xChristie slams Trump:"You have someone who has had an affair with a pornstar, paid her off $130,000 to cover…
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JPMorgan CEO Jamie Dimon to face questions in Jeffrey Epstein suits

JPMorgan CEO Jamie Dimon to face questions in Jeffrey Epstein suits

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday, September 22, 2022.Tom Williams | CQ-Roll Call, Inc. | Getty ImagesJPMorgan Chase CEO Jamie Dimon can be questioned under oath for up to seven hours over two days in depositions for federal lawsuits accusing his bank of complicity in sex trafficking by its late client Jeffrey Epstein, a judge said Tuesday.Dimon can be questioned for a combined total of five hours by lawyers for the U.S. Virgin Islands and an…
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