News from June 2023

By Federal Newswire Report | Jun 30, 2023
U.S. Rep. Juan Ciscomani, R-Ariz., believes cartels have had an increased presence in recent years and children have increasingly been subject to trafficking.

By Federal Newswire Report | Jun 30, 2023
Jesus Mantas, global managing partner at IBM, warned against data privacy and security breaches with the rise of artificial intelligence (AI) technology, saying companies should be proactive in their data privacy measures.

By Federal Newswire Report | Jun 30, 2023
SEC Chair Gary Gensler is facing scrutiny for a virtual meeting he reportedly held with Sam Bankman-Fried, the founder and former CEO of crypto exchange FTX, without obtaining the necessary permission. Michael Chamberlain, director of the watchdog group Protect the Public's Trust, said the relationship between Bankman-Fried and Gensler is one that Gensler should have "resisted" due to his position in public office.

By Federal Newswire | Jun 30, 2023
Bill Drexel is an associate fellow for the technology and national security program at the Center for a New American Security.

By David Beasley | Jun 30, 2023
Binance, the world’s largest cryptocurrency exchange, has assisted Israel’s Ministry of Defense in seizing digital assets that were intended to finance the Hezbollah terrorist organization. Binance called the operation “one of the most significant public successes in the counter-terrorist financing space.”

By Andy Nghiem | Jun 30, 2023
The Carnegie Endowment for National Peace recently hosted Dennis Wilder for a virtual fireside chat with host Paul Haenle to examine current challenges in U.S.-China relations and discuss how both countries could stabilize relations and a framework for bilateral competition going forward.

By Federal Newswire Report | Jun 29, 2023
Illicit Trade Director Channing Mavrellis of Global Financial Integrity (GFI), in a recent interview with The Federal Newswire, said Chinese money laundering operations have been detected by the U.S. Treasury since 2016.

By Federal Newswire Report | Jun 29, 2023
Gordon G. Chang, lawyer, author, and China expert, recently said that every country, including the US, should require reciprocity from China. He appeared on the Border Wars Podcast in February 2023 to discuss current relations between China and the US.

By Federal Newswire | Jun 29, 2023
The US Federal Reserve System published a one page notice on June 28, according to the U.S. Government Publishing Office.

By Federal Newswire Report | Jun 29, 2023
The Functional Government Initiative announced filing of a transparency lawsuit against the U.S. Department of Education for withholding records regarding critical race theory.

By Federal Newswire Report | Jun 28, 2023
Lina M. Khan, Chair of the Federal Trade Commission (FTC), said that Amazon has been tricking customers into paying for subscriptions. The FTC announced that a federal lawsuit has been filed against Amazon.

By Federal Newswire | Jun 28, 2023
The US Federal Reserve System published a one page notice on June 27, according to the U.S. Government Publishing Office.

By Federal Newswire Report | Jun 28, 2023
The state of Texas has now sent more than 500 buses of migrants out of state to various cities across the country, Gov. Greg Abbott said.

By Federal Newswire | Jun 28, 2023
News Release: The Federal Reserve Board on Tuesday announced its approval of the application by Vantage Bank Texas, San Antonio, Texas, to establish a branch at 5151 San Felipe, Suite 730, Houston, Texas.

By Federal Newswire Report | Jun 28, 2023
Deputy Attorney General Lisa O. Monaco said the fentanyl supply chain too often begins in China and evidence exists to show PRC companies sell vast quantities of precursor chemicals to drug cartels.

By Federal Newswire Report | Jun 28, 2023
Federal payments of $578.8 million will be given to more than 1,900 state and local governments under a program that helps local governments offset losses in property taxes because of nontaxable federal lands within their boundaries.

By Federal Newswire Report | Jun 28, 2023
Utah Rep. Ken Ivory, R-39th, said the American Lands Council’s (ALC) proposed National State Lands Act is the best solution for land conservation.

By Federal Newswire | Jun 27, 2023
The US Federal Reserve System published a two page notice on June 26, according to the U.S. Government Publishing Office.

By Andy Nghiem | Jun 27, 2023
Brad Garlinghouse, the CEO of blockchain company Ripple, said the SEC’s lawsuits against leading crypto exchanges, including Binance and Coinbase, are an attempt to overcompensate for the agency’s failure to prevent crypto exchange FTX from misusing customer assets, leaving users with billions of dollars of missing funds when the exchange collapsed last fall.

By Federal Newswire | Jun 27, 2023
News Release: The Federal Reserve Board on Monday announced its approval of the application by Banco de Reservas de la República Dominicana, Santo Domingo, Dominican Republic, to establish representative offices in New York, New York, and Miami, Florida.