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Bipartisan Bill Would Give the Philippines $2 5 Billion in Military Aid

On Wednesday, Senators Bill Hagerty (R-TN) and Tim Kaine (D-VA) introduced a bill that would give the Philippines $5 billion in military aid over five years as the US is boosting military ties with Manila as part of its strategy against China in the region. The legislation would give Manila…

United statesSouth china seaBrunei generalFerdinand marcos jrAsia pacificRodrigo duterteSenators bill hagertyTim kaineForeign military financingState departmentPresident bidenPresident ferdinand marcosPhilippine mutual defense treatyDave decamp

House Select Committee on the Chinese Communist Party Introduces the BIOSECURE Act

House Select Committee on the Chinese Communist Party Introduces the BIOSECURE Act
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US Senators Kick Against White House s Plans for a Digital Dollar

A five-person Senatorial team introduces a bill restricting the Federal Reserve from creating a CBDC for the dollar.

United kingdomUnited statesWhite houseDistrict of columbiaMike braunJoe bidenTed cruzRick scottTed buddJerome powellMichael barrUs congressClub for growthFederal reserveCommunity bankers associationDigital pound foundation

SEC Chair Gensler Claims Isolation of X Account Hack Amidst Mounting Political Pressure From Lawmakers

A parliament of Senators immediately demanded an answer from the SEC following the security incident that led to false yet market-moving information.

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Senators press Fed, OCC after FDIC scandal raises questions about workplace culture

Senators are broadening their inquiry into the conduct of the major U.S. financial regulators after a cultural scandal at the Federal Deposit Insurance Corporation (FDIC) has increased scrutiny into the workforces of the Federal Reserve and the Office of the Comptroller of the Currency (OCC). Following an investigation last month by the Wall Street Journal…

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