Tag Archives: meant

U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues

U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues

The Federal Reserve continued its relaxation of crypto oversight on Friday with a move to shut down a two-year-old supervisory program intended to keep a special eye on banks’ crypto ties, instead folding that task back to its day-to-day oversight work. The central bank established its short-lived Novel Activities Supervision Program during the tenure of Vice Chairman Michael Barr, the …

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Trump administration cannot reallocate billions meant for disaster mitigation, federal judge rules

Trump administration cannot reallocate billions meant for disaster mitigation, federal judge rules

BOSTON (AP) — A federal judge on Tuesday blocked the Trump administration from reallocating $4 billion meant to help communities protect against natural disasters. U.S. District Judge Richard G. Stearns in Boston granted a preliminary injunction sought by 20 Democrat-led states while their lawsuit over the funding moves ahead. A spokesperson for the Federal Emergency Management Agency did not immediately …

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Judge blocks reallocation of billions meant for disaster mitigation

Judge blocks reallocation of billions meant for disaster mitigation

BOSTON (AP) — A federal judge on Tuesday blocked the Trump administration from reallocating $4 billion meant to help communities protect against natural disasters. U.S. District Judge Richard G. Stearns in Boston granted a preliminary injunction sought by 20 Democrat-led states while their lawsuit over the funding moves ahead. A spokesperson for the Federal Emergency Management Agency did not immediately …

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Harm or Help? Why Companies Are Battling Tariffs Meant to Benefit Them. – The New York Times

Harm or Help? Why Companies Are Battling Tariffs Meant to Benefit Them.  The New York Times Markets slump on tariffs and jobs data as Trump fires labor bureau statistics chief  CNN American businesses are running out of ways to avoid tariff pain  The Economist Trump voter and Montana Knife Co. founder feels tariff pain: His $515,000 sharpener from Germany is set to cost …

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Trump admin squanders nearly 800,000 vaccines meant for Africa: Report

Trump admin squanders nearly 800,000 vaccines meant for Africa: Report

Nearly 800,000 doses of mpox vaccine pledged to African countries working to stamp out devastating outbreaks are headed for the waste bin because they weren’t shipped in time, according to reporting by Politico. The nearly 800,000 doses were part of a donation promised under the Biden administration, which was meant to deliver more than 1 million doses. Overall, the US, …

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