Civil division official says the schemes “prey upon individuals and small businesses.“ The Department of Justice (DOJ) unsealed two cases this month filed against fraud networks that make…
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Federal Reserve Expects to Cut Rates in New Year
Central bank officials kept the current rate steady in the final meeting of 2023. The Federal Reserve concluded its final quarterly meeting this month, holding interest rates steady…
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VA has Screened 5 Million Veterans for Toxic Exposure
In the year of screenings, most exposure due to burn pits in Iraq or Agent Orange in Vietnam. The Department of Veterans Affairs (VA) has announced that they…
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U.S. Joins International Operation to Defend Red Sea Commercial Ships
39 nations commit to dissuade frequent attacks by Houthi rebels. Secretary of Defense Lloyd Austin announced on December 18 that the United States would be joining 38 nations…
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Northeast Storm System Brings Floods, High Winds, and Power Outages
Powerful storms disrupt holiday travel. The mid-Atlantic and Northeast regions of the nation have experienced heavy rain, gusty winds, and flash and coastal flooding over the weekend. The…
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SEC Committee Discusses Proposed Regulation of Financial AI
Opinions differ regarding the purpose of regulation. An advisory committee for the Securities and Exchange Commission (SEC) recently met to review the agency’s latest draft for a policy…
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House Passes Compromise Defense Bill
Troops will receive a 5.2 percent pay raise. A compromise National Defense Authorization Act for 2024 has passed both the Senate and House and is expected to be…
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House Committee Seeks Change in U.S.-China Trade
They propose revoking China’s permanent normal trade status. The House Select Committee on the Chinese Communist Party released a report that supports significant objectives in the U.S.-China trade…
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Treasury Department Estimates National Debt Near $34 Trillion
One legislator says federal spending is at a breaking point. The U.S. Census population clock shows the population of America to be nearly 336 million people. The Treasury Department…
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Senate Proposes Ban on TSA Use of Facial Recognition
Civil rights groups voice support for the Traveler Privacy Protection Act. Bipartisan legislation has been introduced in the Senate to restrict the Transportation Security Administration’s (TSA) gathering of…
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