Dec 13 WATCH: Current FTX CEO says lax oversight, bad decisions caused failure By Glenn Gamboa, Associated Press The new CEO of the failed cryptocurrency exchange FTX is appearing before a House committee Tuesday, detailing for lawmakers the lack of oversight and financial controls that he discovered since taking over the company a month ago. Continue reading
Dec 13 WATCH: U.S. Attorney's office gives update on the arrest of FTX founder Sam Bankman-Fried By Ken Sweet, Associated Press U.S. prosecutors gave more details about the criminal charges filed against FTX founder Sam Bankman-Fried Tuesday, including an allegation that he made illegal campaign contributions totaling in the "tens of millions of dollars."… Continue reading
Dec 13 New Zealand passes lifetime ban on youth buying cigarettes By Nick Perry, Associated Press New Zealand has passed into law a unique plan to phase out tobacco smoking by imposing a lifetime ban on young people buying cigarettes. Continue reading
Dec 13 Biden's judicial nominations have set records for diversity, but several remain unconfirmed By Candice Norwood, The 19th The president has prioritized nominating people from underrepresented backgrounds in terms of race, gender and professional experience, but advocates say there’s still ‘a long way to go.’… Continue reading
Dec 13 WATCH: Biden signs Respect for Marriage Act, protecting same-sex and interracial marriages By Chris Megerian, Associated Press President Joe Biden signed gay marriage legislation into law Tuesday before a crowd of thousands, a ceremony that reflected growing acceptance of same-sex unions. Continue reading
Dec 13 WATCH: Singer Cyndi Lauper celebrates marriage equality at White House briefing By Chris Megerian, Associated Press President Joe Biden is inviting thousands to celebrate at the White House on Tuesday as he signs into law gay marriage legislation before a bipartisan crowd that reflects growing acceptance of same-sex unions. Continue reading
Dec 13 Supreme Court will hear appeal in murder-for-hire case By Associated Press The justices said they will review the case of Adam Samia, who is serving a life sentence for killing a real estate broker in the Philippines. Continue reading
Dec 13 WATCH: 'Economic plan is working' to slow inflation, Biden says By Christopher Rugaber, Associated Press Consumer prices rose 7.1 percent in November from a year ago, the government said Tuesday. That was down from 7.7 percent in October and a recent peak of 9.1 percent in June. Continue reading
Dec 12 Sam Bankman-Fried, former FTX CEO, arrested in the Bahamas By Associated Press Bankman-Fried's arrest comes just a day before he was due to testify in front of the House Financial Services Committee, along with the company’s current CEO. Continue reading
Dec 12 Iowa judge blocks effort to ban most abortions in the state By Associated Press A state judge has blocked an effort to ban most abortions in Iowa by upholding a court decision made three years ago. Judge Celene Gogerty found that there was no process for reversing a permanent injunction that blocked the abortion… Continue reading