Republican lawmakers and finance industry lobbyists are using the coronavirus pandemic to press regulators into rapidly waiving financial safeguards for community banks. And so far, banking regulators have obliged, lifting rules imposed after the 2008 crisis that limit risk-taking and require banks to undergo more strenuous audits.
Major donors to President Donald Trump’s presidential reelection campaign have won coveted loans from the Paycheck Protection Program, the new government effort to provide a lifeline to small businesses under duress because of the coronavirus pandemic.
While much of the world moved swiftly to lock down crucial medical supplies used to treat the coronavirus, the U.S. dithered, maintaining business as normal and allowing large shipments of American-made respirators and ventilators to be sold to foreign buyers.
Last year, when many GOP candidates across the country turned to vicious anti-immigrant advertisements to turn out voters in the midterm elections, some turned to i360, Koch’s state-of-the-art data analytics company. The company is one of the several appendages of the Koch political machine — one that includes a suite of voter outreach organization, lobbying, and campaign messaging tools.
Conservative activist Virginia “Ginni” Thomas is launching yet another project to wage war on multiple fronts of America’s most heated cultural and political debates. This time, however, her plan will include a project to “protect President Trump” using at least two new campaign-related political entities, according to a presentation obtained by The Intercept and Documented.
At a luxury resort just outside of the nation’s capital last month, around four dozen senior congressional staffers decamped for a weekend of relaxation and discussion at Salamander Resort & Spa. It was an opportunity for Democrats and Republicans to come together and listen to live music from the Trailer Grass Orchestra, sip surprisingly impressive glasses of Virginia wine — and hear from health care lobbyists focused on defeating Medicare for All.
It is illegal for foreign nationals to contribute money in connection with U.S. elections. However, APIC and Right to Rise USA attempted to use an odd loophole created by the Supreme Court’s 2010 Citizens United decision to funnel overseas cash into American politics.
A startup founded by a young and outspoken supporter of President Donald Trump is among the latest tech companies to quietly win a contract with the Pentagon as part of Project Maven, the secretive initiative to rapidly leverage artificial intelligence technology from the private sector for military purposes.
A pro-Israel activist group is quietly pushing lawmakers on Capitol Hill and key officials in the White House to embrace a plan that would entail paying Palestinian residents in the West Bank to move abroad. The plan is a bid to reshape the ethnic and religious population of territories controlled by Israel, according to the head of the group, called the Alliance for Israel Advocacy.
Secretary of State Mike Pompeo faced internal opposition to U.S. support for the war in Yemen from State Department staff, according to a recent report. The staffers had become concerned by the rising civilian death toll in the war being carried out by Persian Gulf monarchies, Saudi Arabia and the United Arab Emirates — not only owing to bombings of densely populated areas, but also a humanitarian crisis exacerbated by the fighting, with up to 8.4 million people at risk of starvation.
With voters sour on President Donald Trump and his allies in Congress, Republican lawmakers are facing daunting odds in the upcoming midterm elections — and they’re fighting back with misinformation. In a recent glaring example, the Congressional Leadership Fund, a Super PAC tied to House Speaker Paul Ryan, is hoping to turn the tide in an Illinois congressional race with a patently dishonest ad attacking a Democratic challenger.
Pruitt’s high spending on security has become the subject of mounting criticism and a host of official investigations: Several EPA inspector general investigations have been opened, as well as an ongoing investigation by the Republican-controlled House Oversight Committee. Records released under the Freedom of Information Act list expenditures totaling $288,610 on a range of security-related items. The EPA, according to three expense line items for April, spent a total of $2,749.62 on “tactical pants” and “tactical polos.”
Touting support for their tax cut legislation, House Speaker Paul Ryan, R-Wis., the Senate Finance Committee, and Sen. Rob Portman, R-Ohio, released a letter this week signed by 137 economists who say they strongly endorse the Republican legislation before Congress. But a review of the economists listed on the letter reveals a number of discrepancies, including economists that are supposedly still academics but are actually retired, and others who have never been employed as economists. One might not even exist.
President Donald Trump on Thursday named former Ernst & Young LLP executive David Kautter to serve as the interim head of the Internal Revenue Service after the current chief, John Koskinen, finishes his term on November 12. During his three decades of work at Ernst & Young, Kautter served as the director of national tax practices at a time when his firm was engaged in a massive effort to assist wealthy clients with tax avoidance schemes.
The billionaire brothers Charles and David Koch spent much of the eight years of the Obama presidency stoking fears about the budget deficit. Now that Republicans control all levers of power in Washington and the Koch brothers are poised to reap a windfall of billions of dollars through tax cuts, they have a new message: Don’t worry about the deficit.
The list of potential candidates for the EPA's scientific advisory boards includes many oil and gas industry representatives and consultants. While industry has always had a voice on those panels, comments from the Trump administration and the potential new appointees suggest the balance may soon change in favor of greater power for regulated companies, particularly the oil and gas industries.
Former Republican House Speaker Newt Gingrich appears regularly in the media to talk about his ideas for the future of health care in America without mentioning one very important fact: His consulting company advises a health insurance company.
The reporters at the Intercept are compiling an ongoing list of Donald Trump appointees, and have found that many of their disclosures are incomplete and riddled with conflict of interest.
If the billionaire Koch brothers turn to the White House for favors, they will see many familiar faces. Newly disclosed ethics forms reveal that a significant number of senior Trump staffers were previously employed by the sprawling network of hard-right and libertarian advocacy groups financed and controlled by Charles and David Koch, the conservative duo hyper-focused on entrenching Republican power, eliminating taxes, and slashing environmental and labor regulations.
Republicans stormed to power in state elections across the country in November on a promise to take on the establishment and return government to the average citizen. But in state capitals where they gained control, they moved quickly to do something else entirely: They’ve consolidated their newfound power — and rewarded their corporate donors — by delivering death blows to a longtime enemy: organized labor.
The extraordinary phenomenon of fake news spread by Facebook and other social media during the 2016 presidential election has been largely portrayed as a lucky break for Donald Trump.. But a closer look reveals that some of the biggest fake news providers were run by experienced political operators well within the orbit of Donald Trump’s political advisers and consultants.
Donald Trump may select Jose Rodriguez, one of the primary architects of the George W. Bush torture program, to run the Central Intelligence Agency, according to a law firm with close ties to Trump. Rodriguez, the former director of the National Clandestine Service, helped developed the CIA black sites, secret prisons operated in foreign countries where interrogators used a range of torture tactics, including the use of “waterboarding,” the simulated drowning technique once used by the Khmer Rouge and Nazi agents to glean information from detainees.
The excerpts, posted by WikiLeaks, appear in an internal campaign email that highlighted the most politically damaging quotes from each paid speech. She admits that she needs to have a public and a private opinion on policy which goes to the trust issue/
“HRC could have killed this two years ago by merely telling everyone honestly what she had done and not tie me to it,” Powell wrote in a leaked email. The emails show Powell regularly corresponding with reporters and friends about the Clinton email server scandal, explaining that his situation was different. When Powell arrived at the State Department, the information technology system was badly dated, he argued.
Three professional influence peddlers, including a registered corporate lobbyist, have been chosen by Hillary Clinton and Democratic National Committee Chair Rep. Debbie Wasserman Schultz, D-Fla., to serve on the committee responsible for drafting the party’s platform. The 15-member panel has six members chosen by Clinton, five chosen by Bernie Sanders and four chosen by Wasserman Schultz.