• Wed, December 18, 2024

by: American Banker

Politics, history, hubris: why agency consolidation isn't easy

Proposals to streamline U.S. banking regulators have resurfaced with the Trump administration's focus on efficiency, but experts and history suggest such changes are unlikely amid political and industry resistance.

by: StamfordAdvocate

What Americans think of Robert F. Kennedy Jr. and his health stances

That's why Robert F. Kennedy Jr.'s pledge to "Make America Healthy Again" as he campaigned alongside Donald Trump caught her attention. She liked the questions Kennedy raised about the role of processed foods in America's obesity epidemic.

by: KGOU

Mangione charged with murder as act of terrorism. And, path to unionizing reality TV

by: Sacramento Bee

Union membership continues slow decline as California hires more rank-and-file employees

At SEIU Local 1000, 456 fewer members paid dues in October 2024, compared to the previous year's payroll period. Meanwhile, the state hired nearly 3,000 more employees among the nine units represented by SEIU Local 1000, which resulted in a two point decrease in the union's due-paying membership.

by: Florida Politics

Bill Posey looks back at accomplishments and sudden close to years of service

U.S. Rep. Bill Posey spent decades urging greater transparency and accountability in government. Heading into 2024, he felt optimistic he could serve one last term with President-elect Donald Trump back in the White House.

by: ABC News

Democracies across the globe are at a crossroads, as authoritarians seek to chip away at freedoms

Still, there is a clear silver lining for democracy. The same Pew poll that found its appeal slipping also found that it remains by far the preferred system of government worldwide. And people turned out to demonstrate that, during elections and in protest ...

by: The Independent

Musk and Farage have handed Starmer a golden chance to clean up political murky money

It's in the Labour Party's interest to have a cap on individual donations, otherwise Musk's attempt to buy votes could put Reform in the running for the next election, writes Andrew Grice

by: Daily Express

Lee Anderson's scathing two-word attack on Keir Starmer after PM 'told lies to pensioners'

The outspoken Reform MP spoke out as details Labour backtracking on pledges to pensioners and WASPI women have emerged.

by: syracuse.com

Congress unveils funding deal with more than $100 billion in disaster aid

Washington — Congressional leaders have unveiled a stopgap spending bill that will keep the federal government funded through March 14 and provide more than $100 billion in emergency aid to help states and local communities recover from Hurricanes Helene and Milton and other natural disasters.

by: The Scranton Times-Tribune

Musk and Trump are viewed roughly the same by Americans, new poll finds

Musk's attachment to Trump has created an alliance between America's most powerful politician and its richest businessman — and roughly the same percentages of Americans have favorable views of each, according to a new poll from the AP-NORC Center for Public Affairs Research.

by: WESA

Pa. casts 19 Electoral College votes for Donald Trump

Pennsylvania's 19 Republican electors submitted ballots in support of President-elect Donald Trump and Vice President-elect JD Vance on Tuesday at the state Capitol in Harrisburg. The largely ceremonial vote brings the country one step closer to a nationwide congressional certification in Washington, D.C., on Jan. 6.

by: KXXV News Channel 25

Texas school districts asked to return $16 million in federal funding for special education services

The request comes after an audit found Texas improperly billed the federal government for reimbursements related to Medicaid-eligible students.

by: BBC

Badenoch attacks PM over 'cruel' Winter Fuel Payment cuts in final PMQs of year

by: The Daily Mirror

Map shows how many WASPI women missed out in your area and how much they would have got

Keir Starmer faces fury over Labour's decision to reject compensation for over 3.5million women in spite of a bombshell watchdog report calling for payouts of nearly £3,000

by: PBS

Congress nears funding deal with more than $100 billion in disaster aid, avoiding government shutdown

Congressional leaders have unveiled legislation that will keep the federal government funded through March 14 and provide more than $100 billion in emergency aid to help states and local communities recover from Hurricanes Helene and Milton and other natural disasters.

by: USA Today

Trump is promising deportations on 'day one.' Who is he targeting and what can he do?

Donald Trump wants to deport millions as soon as he takes office. But there are laws that could slow him down.

by: Florida Politics

Orange County government picks up the tab for Glen Gilzean's employees

In court and public meetings, the Orange County government is openly feuding with Gilzean over allegations of mismanagement and misspending. The Orange County Commission voted earlier this month to withhold Gilzean's December budget payment but agreed Tuesday to pay Gilzean's $250,000 payroll to payroll company ADP.

by: The New York Times

Who Is Friedrich Merz, a Leading Candidate to Be Germany's Next Chancellor?

If polls are correct, Olaf Scholz's successor could be Friedrich Merz, 69, leader of the Christian Democratic Union. He is offering to get the German economic engine humming again.

by: MSN

A Guide to Some of the Key Movers and Influencers in Trump's Orbit

Feature / While showboats like Elon Musk and RFK Jr. get all the attention, the real power in a second Trump term is likely to be wielded by quietly effective bureaucrats and policy intellectuals like these men and women.

by: MSN

Biden Slaps Down Trump and Explains the Mystery Drones

President Joe Biden on Tuesday made his first public comments about recent reports of unexplained drone sightings in the northeast. Asked by reporters what was behind the drones, Biden answered: "Nothing nefarious,

by: MSN

The president has a right to confidential and intelligence funds

I HAVE been accused by Duterte loyalists, both of the ex-president and the incumbent vice president, of being a blind apologist of President Ferdinand Marcos Jr. Someone even alleged that among political analysts and columnists,

by: MSN

Trump team to reverse Biden EV and emissions initiatives -report

The transition team's recommendations include bolstering measures to block automotive imports from China and imposing global tariffs on battery materials.

by: MSN

Keir Starmer, David Lammy and Ed Miliband are begging you to punish Labour Party

As the Labour Party breaks yet another promise, it's worth reminding us that the betrayal of WASPI women isn't the only thing we should remember.

by: MSN

China has expanded its nuclear force and strengthened ties to Russia, the Pentagon says

China is expanding its nuclear force, has increased military pressure against Taiwan and has strengthened its ties with Russia over the past year, according to a Pentagon report Wednesday that details actions accelerating key areas of conflict with the United States.

by: MSN

House reverses course and plans to release Matt Gaetz ethics report

House reverses course and plans to release Matt Gaetz ethics report - Now-former congressman at center of years-long probe into allegations of sexual misconduct

by: MSN

Gov. Holcomb's tenure: Growth, controversy and future plans

News had a final sit-down interview with Holcomb, reflecting on the past eight years and looking forward to the future.

by: MSN

Trump says U.S. government "knows" where mysterious NJ drones came from

President-elect Donald Trump said the federal government knows where the drones spotted over New Jersey originated from, but he didn't offer evidence to support the claim.

by: MSN

MSNBC's Joy Reid calls out Democratic Party for being run like a 'gerontrocracy' of consultants and donors

MSNBC host Joy Reid criticized the Democratic Party for refusing to allow younger voices like Rep. Alexandria Ocasio-Cortez a chance to take leadership roles.

by: MSN

Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics

Homebuyers are increasingly considering political leanings when choosing neighborhoods, according to a brand-new report. Real estate agents note that clients prioritize communities aligning with their political views, seeking compatibility beyond ...

by: MSN

Australian Embassy to return to Kyiv and operate fully from next month

The Australian Embassy in Ukraine was temporarily relocated from Kyiv to Lviv on Feb. 13, 2022, due to the Russian military buildup, and was then closed on Feb. 22 after Russian dictator Vladimir Putin recognized the "L/DPR" militant groups in Donbas.

by: MSN

New mission for longtime Trump ally and friend Herschel Walker

President-elect Donald Trump has a new game plan for Herschel Walker, naming the former football star and Republican Senate candidate as ambassador to the Bahamas.

by: MSN

Wake up with the Washington Examiner: What the next fight with China looks like and Trump has a new media strategy

by: MSN

What Will a Government Shutdown Mean for Your Benefits and Services?

Congress has until Friday to approve funding for the federal government before it shuts down. But what would a shutdown actually mean for you and your family?

by: MSN

U.S. warns Hong Kong banks over deals with Russia

The discussions reportedly included representatives from the region's largest banks, namely HSBC, Standard Chartered, and Bank of China, one source told the publication. Nikkei noted that the meeting took place amid a recent letter from U.

by: MSN

Harborough leader accuses Government of 'not properly recognising vital role of district councils'

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: MSN

Congress unveils new spending bill to prevent shutdown and aid disaster recovery

Congressional leaders have unveiled a stopgap spending bill that will keep the federal government funded through March 14 and provide more than $100 billion in emergency aid to help states and local communities recover from Hurricanes Helene and Milton and other natural disasters.

by: MSN

Barron and Melania Trump caught up in wild Princess Diana conspiracy

A user on TikTok known for his conspiracy theories just suggested that Melania Trump is Princess Diana, which is why Barron looks so much like her.

by: MSN

How Americans view Robert F. Kennedy, Jr.'s nomination and his controversial health stances

New AP-NORC polling shows that Republicans hold an overwhelmingly positive view of Robert F. Kennedy Jr., but most Democrats disapprove of President-elect Donald Trump's picking him to be the nation's top health official.

by: MSN

PMQs live: Starmer accused of 'playing politics' with Waspi women over payout decision amid growing backlash

Starmer accused of 'playing politics' with Waspi women over payout decision amid growing backlash - Starmer's Labour was accused of broken promises at PMQs over its decision not to pay compensation to 3.

by: MSN

4 ways American states and cities can meet the CCP threat to our way of life

With the 2024 elections behind us and power in D.C. determined, it's time to turn our collective focus to the greatest external threat to the American way of life: Communist China.

by: MSN

US Congress lines up stopgap bill to avert partial government shutdown

By Richard Cowan, Katharine Jackson and Bo Erickson WASHINGTON (Reuters) -Top Republicans and Democrats in the U.S. Congress unveiled a stopgap measure on Tuesday to keep federal agencies funded through March 14,

by: MSN

Italy's premier defends her friendship with Musk and asserts her independence

Italian Premier Giorgia Meloni on Wednesday defended her friendship with U.S. tech billionaire and Trump confidant Elon Musk, telling Italian lawmakers that she would not be influenced in areas where he has economic interests.

by: MSN

Elizabeth Warren demands Trump answers for Elon Musk's 'conflicts of interest' in the government

by: MSN

Uber and Its CEO Donate $2 Million to Donald Trump's Inauguration

The world's premier ride-hailing app has paid fealty to the incoming Republican president despite its executives' long-standing contempt for his policies. Uber Technologies and the group's CEO, Dara Khosrowshahi,

by: MSN

Why Corruption in Kenya is Rooted and What Needs to be Done

by: MSN

Escudero, Poe on deferred 2025 budget signing: Part of checks and balances

Senate President Francis "Chiz" Escudero and Finance committee chairperson Grace Poe on Wednesday tagged as part of checks and balances of government and sign of healthy democracy the decision of Malacañang to defer the signing of the 2025 General Appropriations Bill (GAB).

by: MSN

Wishaw MSP blasts UK Government's "betrayal" of Women Against State Pension Inequality (WASPI) campaigners

Work & Pensions Secretary Liz Kendall announced the government would refuse the recommendation to award between £1,000 and £2,950 to women affected by the change in the state pension age.

by: MSN

Olaf Scholz loses confidence vote and gears up for snap elections

German Chancellor Olaf Scholz has lost his confidence vote and is now preparing for early elections scheduled for next February. The leader expected to lose the vote but hopes to inject new momentum into his party,

Politics, history, hubris: why agency consolidation isn't easy

Proposals to streamline U.S. banking regulators have resurfaced with the Trump administration's focus on efficiency, but experts and history suggest such changes are unlikely amid political and industry resistance.
The article from American Banker discusses the unlikelihood of former President Donald Trump's proposal to consolidate federal banking agencies being realized. Trump's idea was to merge agencies like the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and parts of the Federal Reserve into a single regulatory body to streamline regulation and reduce costs. However, this proposal faces significant opposition due to several reasons: entrenched bureaucratic interests, concerns over reduced regulatory oversight, and the complexity of merging agencies with different mandates and cultures. Additionally, there's skepticism about whether such a consolidation would truly benefit the financial system or if it might instead lead to regulatory gaps or conflicts of interest. The article also notes that while some in the banking industry might favor less regulation, the practical and political challenges of such a merger make it highly improbable in the near term.

Read the Full American Banker Article at:
https://www.americanbanker.com/news/trump-unlikely-to-get-the-bank-agency-consolidation-he-wants