The Supreme Court on Thursday rejected a broad challenge to the Consumer Financial Protection Bureau, reversing a lower-court ruling that would have undermined the watchdog agency Congress created in the wake of the financial crisis to protect borrowers from predatory lenders, junk fees and other abuses. In a 7-2 decision written by Justice Clarence Thomas, the court said the CFPB’s ...
Welcome to The Campaign Moment, your guide to the biggest developments in the 2024 election. Now with actual debates. Probably. (Did a friend forward this to you? If so, sign up here. And you can hear my analysis weekly on Apple Podcasts, Spotify, or wherever you get your podcasts.) This post appeared first on The Washington Post ...
The Republican chairs of the powerful House Judiciary and Oversight committees slammed the Biden administration this week, accusing the president and Attorney General Merrick Garland of politicizing the justice system. But as Reps. Jim Jordan (R-Ohio) and James Comer (R-Ky.) pilloried the White House and the Justice Department, their committees were hobbled by attendance problems: At least five members were ...
NEW YORK — The central witness against Donald Trump withstood a withering cross-examination Thursday from the former president’s defense lawyer, who accused Michael Cohen of lying as recently as two days ago to realize his dreams of revenge against his ex-boss. The confrontation between Cohen and Trump lawyer Todd Blanche was the most anticipated moment in the month-long trial, which ...
The U.S. military said Thursday that its floating pier had been anchored to the Gaza shoreline with humanitarian deliveries to the war-ravaged territory to begin “within days,” but it remained unclear whether the United States or Israel has solidified an agreement to distribute the incoming food and other supplies for starving Palestinians. This post appeared first on The Washington Post ...
As he nears the end of his first term, President Biden, a long-standing institutionalist, is growing more comfortable using the full powers of the presidency — and in an election year, his latest actions have the added benefit of potentially shaping the political landscape in his favor. On Thursday morning, Biden asserted executive privilege over audio recordings from the special ...
Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters. The big-box retailer confirmed the layoffs and relocations in a memo sent to employees Tuesday. In the memo, Chief People Officer Donna Morris said the move is meant to bring more of its employees back to the office after the Covid ...
Meme stocks are back. One day after an account associated with the phenomenon posted for the first time in years on the X social media platform, shares in companies that have been linked to speculative trading activity are soaring in value. Leading the way is video game retailer GameStop, whose shares have soared approximately 180% to $48.75 after closing at ...
Netflix will stream its first NFL games on Christmas Day. The streaming giant announced Wednesday that it will feature both Dec. 25 matchups scheduled for this year, with at least one other Christmas game coming in 2025 and 2026. “Last year, we decided to take a big bet on live — tapping into massive fandoms across comedy, reality TV, sports ...
There was no doubting the message from Antony Blinken’s musical debut in Kyiv on Tuesday night. The US secretary of state made a surprise appearance on stage in a bar in Kyiv, as he appeared alongside Ukrainian band 19.99 in a rendition of Neil Young’s “Rockin’ in the Free World.” Blinken, who played guitar with the punk/jazz band and even ...