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Bipartisan Lawmakers Urge Action to Avert Social Security, Medicare Insolvency

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Social Security is already under pressure with approximately 10,000 baby boomers retiring daily. A bipartisan group of lawmakers on the House Budget Committee have urged action to find a solution to the impending insolvency of the Social Security and Medicare programs. According to testimony from the chief actuaries of both the Centers for Medicare and

Biden Nominates New FDIC Chair Amid Toxic Workplace Controversy

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Christy Goldsmith Romero could replace Martin Gruenberg to lead the financial regulatory agency. President Joe Biden will nominate Christy Goldsmith Romero to lead the Federal Deposit Insurance Corporation (FDIC), replacing Martin Gruenberg, as the financial regulatory agency grapples with a toxic workplace scandal, the White House confirmed on Thursday. Ms. Romero, a Democrat, joined the

House Committee Questions Microsoft President Over Security ‘Shortfalls’ After China-Linked Hack

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The company’s president testified to a Homeland Security panel that security is now its ‘top priority.’ Lawmakers on the House Homeland Security Committee questioned Microsoft President Brad Smith on June 13 over security “shortfalls” that allowed China-linked hackers to breach the software company’s systems last year. The incident, which Microsoft attributed to the China-based hacking

House Panel Questions Microsoft President Over Security ‘Shortfalls’ After China-Linked Hack

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The company’s president testified to a Homeland Security panel that security is now its ‘top priority.’ Lawmakers on the House Homeland Security Committee questioned Microsoft President Brad Smith on June 13 over security “shortfalls” that allowed China-linked hackers to breach the software company’s systems last year. The incident, which Microsoft attributed to the China-based hacking

Judge halts new Title IX LGBTQ student protections in 4 states

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The Biden administration’s new Title IX rule expanding protections for LGBTQ+ students has been temporarily blocked in four states after a federal judge in Louisiana found that it overstepped the Education Department’s authority. In a preliminary injunction granted Thursday, U.S. District Judge Terry A. Doughty called the new rule an “abuse of power” and a