The Justice Department announced Monday that U.S. officials have seized more than $6 million in cryptocurrency and arrested two individuals they say are behind the July 4 weekend REvil ransomware attacks, in which the hacking of a Florida-based software firm Kaseya infected more than a thousand businesses worldwide. Ukrainian National …
Read More »New Jersey governor’s race: Ciattarelli look for upset as Murphy hopes to buck history and win reelection
New Jersey voters will decide Tuesday whether to make Governor Phil Murphy the first incumbent Democrat to be re-elected since 1977. The Garden State is reliably blue in presidential and U.S. Senate elections, but its off-year state office election gubernatorial cycle led to GOP victories in 1994 and 2009, the …
Read More »Robert Califf is the leading contender for FDA commissioner
Dr. Robert Califf is currently the leading contender for his old job as commissioner of the Food and Drug Administration, two sources tell CBS News. Califf, who served as FDA commissioner under former President Obama, is the top contender for the post, but with the caveat that this isn’t a …
Read More »Lawmakers push default threat into December, as Trump calls for McConnell’s ouster
Senate Minority Leader Mitch McConnell and President Biden spoke about the debt ceiling Friday, according to a Republican aide, a day after the Senate voted to raise the debt limit through early December, averting what threatened to be an economic disaster — U.S. default. The short-term extension came after McConnell …
Read More »Congress faces long to
Washington — Both chambers of Congress are back on Capitol Hill together Monday for the first time since late July, and lawmakers are staring down a lengthy to-do list of legislative items they must address in the coming weeks. The slew of deadlines, some self-imposed, tees up a flurry of …
Read More »Richest Americans fail to pay $163 billion in taxes, Treasury estimates
The top 1% of Americans are avoiding paying an estimated $163 billion in taxes a year, according to the Treasury Department. That is pushing the estimated tax gap, the amount of money owed by taxpayers that isn’t collected, to nearly around $600 billion annually, and to approximately $7 trillion in lost …
Read More »U.S. about to hit unemployment benefits cliff as August hiring dramatically slows
Millions of Americans will be losing unemployment benefits that have helped keep them afloat for the better part of the coronavirus pandemic. While the unemployment rate ticked down from 5.4% to 5.2% last month, hiring dramatically slowed in August as the Delta variant caused coronavirus cases to soar. The economy …
Read More »New York man pleads guilty to threatening to kill Senator Raphael Warnock
Washington — A New York man pleaded guilty Monday to posting threatening statements online about killing Democratic Senator Raphael Warnock of Georgia around the time of the assault on the U.S. Capitol on January 6. The Justice Department said Eduard Florea, 41, of Queens, also pleaded guilty to one count …
Read More »Senate will vote on $1 trillion bipartisan infrastructure plan Tuesday, with passage expected
Washington — After weeks of fits, starts and delays, the Senate is on track to give final approval to the $1 trillion bipartisan infrastructure plan, with a growing coalition of Democrats and Republicans prepared to lift the first phase of President Joe Biden’s rebuilding agenda to passage. Final Senate votes …
Read More »Justice Department says IRS must give Trump’s tax returns to Congress
The Justice Department on Friday said the Treasury Department must hand over former President Trump’s tax returns to the House Ways and Means Committee, putting an apparent end to the yearslong battle over the records. In the 39-page opinion, the Justice Department’s Office of Legal Counsel (OLC) found that the …
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