• Fri, March 21, 2025

by: ifa

Jones announces DBFO tranche 2: SOA changes in, BID and NCAs on ice for now

The outgoing Financial Services Minister has released the latest set of financial advice reforms, with some key measures not making the pre-election cut.

by: Forbes

What To Know About Musk's Pentagon Visit As He And Trump Officials Deny Reports Of China War Plan Briefing

The Trump administration firmly pushed back against a report that Elon Musk will be briefed on a war plan with China, but confirmed he will be visiting the Pentagon Friday.

by: TAG24

MAGA Rep. Harriet Hageman plays defense for Trump and Musk during wild town hall

Wyoming Congresswoman Harriet Hageman was booed and protested against during a recent town hall over her support of President Donald Trump's agenda.

by: Vox

The case for conservatism

And I am not making the case for stagnation. We don't need to settle for broken systems; we just need to make sure we don't make them worse in the name of "fixing" them. But as we observe the chaos of Trump's second presidency,

by: 9NEWS

NSW government to hold inquiry into troubled early childcare sector

There are also calls for a nationwide response to findings of dangerous practices and regulatory failings within the sector.

by: MLive

Doctors, health officials say Medicaid cuts would threaten Michigan's health and its economy

Doctors and health officials came to the state Capitol on Thursday to argue that Medicaid is essential to the health of the most vulnerable Michiganders and the health of the state's economy.

by: WLRN

Florida leads nation with nearly 100 police partnerships with ICE to deport undocumented

Florida has the majority of local and state police departments having partnered with U.S. Immigration and Customs Enforcement (ICE) to support the Trump administration's mass deportation efforts.

by: NDTV

"Some Parties Raking Up Language Issue For Their Own Politics": Amit Shah

"There have been enough divisions in the nation in the name of language, and it should not happen anymore," Union Home Minister Amit Shah said on Friday amid the escalating row over the three-language formula implementation.

by: News4Jax

President Trump and Defense Secretary Pete Hegseth to deliver remarks from Oval Office

Defense Secretary Pete Hegseth says he will be meeting with billionaire Elon Musk at the Pentagon Friday to discuss "innovation, efficiencies & smarter production.".

by: WFTV

Hegseth says he'll meet with Musk at the Pentagon to discuss innovation and 'efficiencies'

Defense Secretary Pete Hegseth says he'll be meeting with billionaire Trump adviser Elon Musk at the Pentagon to discuss "innovation, efficiencies & smarter production."

by: Moneycontrol

Karnataka clears Bill to provide 4% reservation to Muslims: What does it say and why there is controversy around it?

The Karnataka state assembly on Friday passed a bill to provide 4 percent reservation to Muslims under Category-2B in public contracts amid strong protests by the Opposition BJP.

by: ZNetwork

Trump's Got to Go: On Understanding, Predicting, and Changing History

Understanding and Changing "Philosophers," the young Karl Marx wrote, "have tried to understand history; the point is to change it." I've long thought that famous quotation advances something of a false dichotomy between understanding and changing history,

by: Newspoint

Karnataka Assembly and Council pass Palace Grounds bill amid din

The Karnataka Assembly and Council on Friday passed the Bengaluru Palace (Utilisation and Regulation of Land) (Amendment) Bill, which seeks to assert the state government's control over the expansive Palace Grounds,

by: Newsweek

Judge Boasberg's Home Comes Under Scrutiny After Trump Attacks

Trump supporters are querying the value of a federal judge's home after he demanded answers about potentially illegal deportations to El Salvador. The standoff between the Trump administration and Washington D.

by: GBH

What to know about the declassified JFK assassination files

More than 63,000 pages of documents related to the assassination of President John F. Kennedy have been released to the public.

by: CNN

4 things to know about Trump's effort to dismantle the Department of Education

President Donald Trump kicked off the process of dismantling the Department of Education by signing an executive order on Thursday.

by: KPBS

Courts push back, wars heat up and 3 more takeaways from Trump's moves this week

by: Investopedia

Dow Jones Today: Stocks Fall as Growth Concerns Linger; S&P 500 on Track for Fifth Straight Weekly Loss

U.S. stocks fell in early trading on Friday, throwing into question whether the indexes could snap their recent losing streak and stage a sustainable rebound.

by: SooToday

'Everyone's waving that Canadian flag': Ford explains tariffs, GDP to third-graders

The premier answered questions on his age and salary, but made sure to cram in some educational and patriotic content as well

by: Mediaite

'Extraordinary Moment!' CNBC Reporter Stunned By Trump Mobilizing 'Whole of Government Approach' to Prop Up Tesla

Megan Casella called out the "extraordinary moment" in which President Donald Trump's administration rallied a "whole-of-government approach to shore up Tesla."

by: WRAL

NC government looks to capitalize on efforts by Trump, DOGE to fire federal workers

North Carolina military bases, Forest Service outposts, VA hospitals, Social Security offices and RTP's massive EPA lab are all home to thousands of federal workers who could soon be fired. Gov. Josh Stein wants them to move to state government.

by: Reuters

With sweeping actions, Trump tests US constitutional order

Donald Trump's sweeping assertion of power since returning to the White House is testing the U.S. constitutional system of checks and balances established in the 18th century as the president faces scant resistance from Congress and tensions with the federal judiciary escalate.

by: WMTW

Gov. Mills signs $11.3 billion budget into law

Gov. Janet Mills signed the $11.3 billion budget into law. This comes after the legislature passed it late Thursday night with no republican support. After several failures to pass a supplemental budget,

by: HuffPost

Trump And A Powerhouse Law Firm Are Telling Different Stories About Their Shocking Agreement

Paul Weiss buckled under Trump's threats — but the firm's chair circulated a different version of the "agreement" Trump published online.

by: MarketWatch

Trump targets rare-earth metals and says Ukraine deal will happen 'very shortly.' This stock got a boost.

President Donald Trump signed an executive order late Thursday that he said will "dramatically increase" U.S. production of critical minerals and rare-earth elements. He also said that a rare-earths deal with Ukraine is imminent.

by: MSN

Homeland Security revokes temporary status for 532,000 Cubans, Haitians, Nicaraguans and Venezuelans

From news to politics, travel to sport, culture to climate - The Independent has a host of free newsletters to suit your interests. To find the stories you want to read, and more, in your inbox, click here.

by: LAist

Analysis: Courts push back, wars heat up and 3 more takeaways from Trump's moves this week

Here are five takeaways from a week when President Trump moved ahead with deportations and sweeping changes to the federal government — and ran into obstacles in the courts.

by: MSNBC

My former congressional colleagues are underestimating Trump's autocratic threat

Across the country, dozens of judges have blocked parts of Trump's agenda from going into effect. According to the president, these judges aren't basing their decisions on the rule of law. Instead, he claims they are "radical left lunatics" targeting his administration.

by: Mashable

Scammers could win big thanks to DOGE's government cuts

Reduced staff and fewer resources could hamper the government's ability to respond to consumer reports of fraud, investigate complaints, and regulate products and platforms that scammers rely on to steal from their victims, says John Breyault, VP of Public Policy of the National Consumers League.

by: UPI

Trump moves student loans to SBA, special needs and nutrition to Health & Human Services

President Donald Trump on Friday said federal student loans will be moved from the Department of Health to the Small Business Administration though the agency workforce will be cut 43%.

by: Fortune

Trump drops executive order stripping a law firm of its government contracts after he says it pledged $40 million in pro bono legal services to his administration's causes

A policy and law scholar told Fortune that Trump believes his threats have pushed a prominent law firm to back down and called it an abuse of presidential power that threatens the constitutional rights of all Americans.

by: NerdWallet

Social Security Under Trump: 5 Warning Signs

A series of moves, including staff cuts and policy changes, could burden many Social Security applicants and beneficiaries and even threaten the stability of the system.

by: MSNBC

Maddow Blog | The biggest (and most avoidable) mistake in Trump's release of the JFK assassination files

The White House knew that releasing the unredacted JFK assassination files would expose Social Security numbers. Donald Trump did it anyway.

by: HuffPost

Angry Federal Judge Calls Trump's Action On Migrant Flights 'Frightening'

Trump is locked in a battle with Judge James Boasberg after he temporarily blocked the administration from deporting migrants under an 18th-century law.

by: LAist

Homeland Security makes cuts to civil rights and immigration oversight offices

DHS confirms it is implementing a reduction in force in three oversight offices as part of the effort to cut the federal workforce.

by: Mediaite

John Leguizamo Kicks Off The View Interview by Accusing Trump of Turning Government Into 'White-Only Club'

John Leguizamo accused President Donald Trump of turning the government into a "white only club" with his war on DEI programs. The post John Leguizamo Kicks Off The View Interview by Accusing Trump of Turning Government Into 'White-Only Club' first appeared on Mediaite.

by: Reuters

US government blocks Canadian access to border-straddling library, Canadian town says

A Quebec town is calling out what it says is a unilateral decision by U.S. authorities to close Canadian access to a library that straddles the Canada-U.S. border. The Haskell Free Library and Opera House straddles the Canada-U.

by: CNN

Judge Boasberg and Trump Justice Department to face off in court as tension mounts in deportation flights fight

A federal judge will come face-to-face with Justice Department attorneys Friday in the wake of President Donald Trump's call for his impeachment over how the jurist has handled a challenge to Trump's use of a sweeping wartime authority to quickly deport some noncitizens.

by: MSNBC

Elon Musk PAC's $100 giveaways put Wisconsin voters to the test

Musk's super PAC is offering Wisconsin voters $100 to sign a petition denouncing judges as his DOGE efforts face pushback from courts.

by: HuffPost

Social Security Chief's 'Turn It Off' Comment Is Latest Insane Turn For Beleaguered Agency

"I want to turn it off and let the courts figure out how they want to run a federal agency," acting Social Security Commissioner Leland Dudek actually said.

by: Reuters

Trump administration transferring student loan, nutrition programs out of Education Dept

U.S. President Donald Trump said on Friday his administration will transfer responsibility for the federal government's student loans, nutrition and special needs programs from the Department of Education to other departments.

by: Reuters

Trump withdraws order targeting Paul Weiss, says law firm promised free legal work

U.S. President Donald Trump said on Thursday he is withdrawing an executive order that targeted law firm Paul Weiss, saying the firm "acknowledged the wrongdoing" of an attorney who investigated the president and has pledged $40 million in free legal work to support the administration.

by: HuffPost

The Progressive Legal Group That Keeps Taking On Trump In The Courts - And Winning

Democracy Forward has emerged as a leading legal organization that's been slowing, if not stopping, some of Trump's recklessness.

by: Reuters

Sudanese army seizes full control of presidential palace in Khartoum, Sudan TV and military sources say

The Sudanese army seized full control of the Presidential Palace in Khartoum on Friday, Sudan TV and military sources said, in one of the most significant advances in a two-year-old conflict threatening to fracture the country.

by: Reuters

Judge stops Musk's team from 'unbridled access' to millions of Americans' private data

A federal judge said on Thursday the Social Security Administration likely violated privacy laws by giving tech billionaire Elon Musk's aides "unbridled access" to the data of millions of Americans, and ordered a halt to further record sharing.
  • Sat, March 22, 2025

by: WSBT

Leaders at local and national levels voice concerns over possible DOE funding cuts

The President's decision and other federal funding cuts has leaders from local schools worried about potential impacts to school corporations, their teachers an

by: Euronews

Brussels rebrands 'Rearm Europe' plan after backlash from leaders of Italy and Spain

The new term, "Readiness 2030," is a direct response to the complaints voiced by Giorgia Meloni and Pedro Sánchez in recent days. View on euronews

by: Reuters

Trump revokes legal status for 530,000 Cubans, Haitians, Nicaraguans and Venezuelans

U.S. President Donald Trump's administration will revoke the temporary legal status of 530,000 Cubans, Haitians, Nicaraguans and Venezuelans in the United States, according to a Federal Register notice on Friday,

Jones announces DBFO tranche 2: SOA changes in, BID and NCAs on ice for now

The outgoing Financial Services Minister has released the latest set of financial advice reforms, with some key measures not making the pre-election cut.
The article from ifa.com.au discusses recent announcements by Jones, the head of the Financial Adviser Standards and Ethics Authority (FASEA), regarding changes to the Statement of Advice (SOA) requirements under the Design and Distribution Obligations (DDO) and the Best Interests Duty Obligations (BIDO). Jones has confirmed that Tranche 2 of the DDO will introduce modifications to the SOA, aiming to streamline and clarify the documentation process for financial advisers. However, he has put on hold any immediate changes to the Best Interests Duty (BID) and the No Conflicts of Advice (NCAs) rules, indicating that these areas will not see alterations in the near future. This decision comes amidst ongoing discussions and reviews about how best to balance consumer protection with the operational efficiency of financial advice practices. The changes are part of a broader effort to reduce the regulatory burden on advisers while ensuring client interests are safeguarded.

Read the Full ifa Article at:
https://www.ifa.com.au/news/35504-jones-announces-dbfo-tranche-2-soa-changes-in-bid-and-ncas-on-ice-for-now