Gary Gensler was nominated by President Joe Biden to be the chair of the Securities and Exchange Commission in 2021. The U.S. Securities and Exchange Commission (SEC) announced on Nov. 21 that its chair, Gary Gensler, will leave the agency on Jan. 20, 2025. “It has been an honor of a lifetime to serve with
President-elect Donald Trump has said he intends to cut government spending by reasserting the presidential power of impoundment, a move certain to spark a court battle and one that could redefine presidential power for decades to come. Impoundment occurs when the president chooses not to disburse funds authorized by Congress; instead leaving them unspent in
During her 2024 congressional race, Rep. Chavez-DeRemer was endorsed by 20 labor unions. Outgoing U.S. Rep. Lori Chavez-DeRemer (R-Ore.), who narrowly lost her reelection bid for Oregon’s Fifth Congressional District earlier this month, is being considered for the role of labor secretary in the incoming Trump administration. The congresswoman will reportedly travel to Mar-a-Lago this
The transportation secretary replied to comments from the heads of two major carriers expressing hope for less regulatory oversight in the future. U.S. Secretary of Transportation Pete Buttigieg said airline chiefs should use more energy worrying about their passengers than their regulators. During a Nov. 21 news conference, Buttigieg—in an apparent response to Delta Air
Without the funds, ‘our ability to respond to new disasters could be jeopardized,’ FEMA’s Deanne Criswell says. The director of the Federal Emergency Management Agency (FEMA) said on Wednesday that her agency needs more disaster-related funding due to back-to-back hurricanes Helene and Milton. In a Senate hearing, FEMA Director Deanne Criswell said that FEMA has
Rep. Scalise has expressed concerns that the current version of KOSA would give the federal government more censorship power. A coalition of 32 state attorneys general, led by Tennessee Attorney General Jonathan Skrmetti, has urged Congress to pass the bipartisan Kids Online Safety Act (KOSA) before the end of the 118th Congress, stating that the
The FBI and DHS have said they would be willing to brief the Senate on national security conditions in a classified setting. Homeland Security Secretary Alejandro Mayorkas and FBI Director Chris Wray declined requests to testify at a Nov. 21 Senate Homeland Security and Governmental Affairs Committee hearing. The Senate committee had called the hearing