News from September 2024
Columbia Business School Professor: Politicians Use Crypto as 'Scapegoat' for Financial Crime
By Federal Newswire | Sep 30, 2024
Austin Campbell, an adjunct professor at Columbia Business School, said in a Sept. 28 thread on X that he believes certain U.S. politicians use cryptocurrency as a "scapegoat" for financial crime, even though significantly more money laundering and other criminal activity takes place within the traditional financial system.
Eric Adams Indictment Follows Report Linking Him to CCP
By Federal Newswire | Sep 30, 2024
New York City Mayor Eric Adams has been charged with bribery, campaign finance, and conspiracy offenses, according to a press release from the U.S. Department of Justice. Adams is accused of using "his prominent positions in New York City government to obtain illegal campaign contributions and luxury travel" and accepting bribes from foreign nationals.
Crypto Community Welcomes Binance Co-founder's Release from Prison
By Federal Newswire | Sep 30, 2024
Binance Co-founder and Former CEO Changpeng Zhao's (CZ) release from prison has been welcomed by members of the crypto community, who took to X to express their support for the crypto mogul.
Secretary Raimondo meets with India's Minister Jaishankar on trade initiatives
By Federal Newswire | Sep 30, 2024
U.S. Secretary of Commerce Gina Raimondo met with Minister of External Affairs of India Subrahmanyam Jaishankar on September 30, 2024. The discussion focused on the U.S.-India CEO Forum and U.S.-India Commercial Dialogue, initiatives led by the Department of Commerce and Indian Ministry of Commerce and Industry to enhance trade and investment between the two countries.
EPA settles alleged asbestos violations across multiple companies in Georgia
By Federal Newswire | Sep 30, 2024
The U.S. Environmental Protection Agency (EPA) has reached settlements with several companies in Georgia over alleged violations of asbestos regulations under the Clean Air Act (CAA). These violations include failing to conduct thorough inspections for asbestos-containing materials before demolition or renovation and not providing written notice at least ten days prior to starting demolition activities.
TD Securities agrees to pay $15M+ for defrauding U.S. Treasuries market
By Federal Newswire | Sep 30, 2024
TD Securities (USA) LLC has agreed to a resolution with the Justice Department to settle criminal charges related to a scheme involving unlawful trading in the U.S. Treasuries secondary market. The New York-based securities firm entered into a deferred prosecution agreement (DPA) and will pay over $15.5 million in penalties, forfeiture, and victim compensation.
Labor department inspects mines across ten states; issues over two hundred fifty violations
By Federal Newswire | Sep 30, 2024
The U.S. Department of Labor's Mine Safety and Health Administration (MSHA) announced it completed impact inspections at 14 mines across 10 states in August 2024, issuing a total of 253 violations.
Department of Defense grants $15 million to boost heavy forge production
By Federal Newswire | Sep 30, 2024
The Department of Defense (DoD) has awarded $15 million to Lehigh Heavy Forge in Bethlehem, Pennsylvania, as part of the Defense Production Act Investments (DPAI) program. The funding will be used for press equipment upgrades and to enhance heavy forging production capacity. Specifically, the investment will cover a new forging manipulator for their 10,000-ton open die forging press, improvements to heat treatment furnaces, and the implementation of an automated ultrasonic forging testing program. This initiative aligns with the 2024 National Defense Industrial Strategy aimed...
Biden-Harris administration announces major investments in Midwest clean nuclear energy
By Federal Newswire | Sep 30, 2024
The Biden-Harris Administration has announced a significant investment in clean nuclear energy, aimed at creating union jobs and providing reliable power across the Midwest. Through the U.S. Department of Energy (DOE) and U.S. Department of Agriculture (USDA), over $2.8 billion will be allocated to support these initiatives.
Education department announces new cohort for FAFSA beta testing program
By Federal Newswire | Sep 30, 2024
The U.S. Department of Education announced the organizations selected for the 2025-26 FAFSA beta testing. The initial phase, Beta 1, begins on October 1 with a small group of students recruited by six community-based organizations (CBOs) submitting their FAFSA forms. This phase will continue through the first half of October.
Department of Labor recovers $154K from Georgia plastics manufacturer
By Federal Newswire | Sep 30, 2024
The U.S. Department of Labor has recovered $154,009 in back wages and liquidated damages from an international plastics manufacturer that failed to include bonus payments when calculating overtime for 743 workers.
Federal charges filed against inmates for violent crimes at Brooklyn detention center
By Federal Newswire | Sep 30, 2024
The Justice Department has announced charges in five cases related to violent incidents at the Metropolitan Detention Center (MDC) in Brooklyn. The charges include the murders of Uriel Whyte and Edwin Cordero, an attempted murder, and two assaults that occurred between April and August of this year. All defendants were already detained at MDC on other charges.
Blinken meets Norwegian FM Eide; discusses Ukraine aid, Middle East stability
By Federal Newswire | Sep 30, 2024
Secretary of State Antony J. Blinken met with Norwegian Foreign Minister Espen Barth Eide in Washington on September 30, 2024. The meeting aimed to reaffirm the U.S. commitment to strengthening its relationship with Norway.
Justice Department reaches settlement with Aiken County Schools over civil rights concerns
By Federal Newswire | Sep 30, 2024
The Justice Department has reached a settlement agreement with the Aiken County Public School District in South Carolina. This agreement addresses concerns that English learner students were not receiving adequate instruction and services.
Assistant Secretary Stewart travels to Poland for security forum
By Federal Newswire | Sep 30, 2024
Assistant Secretary for Arms Control, Deterrence, and Stability Mallory Stewart will travel to Warsaw, Poland from September 30 to October 5. She will participate in the Warsaw Security Forum and the 19th NATO WMD Conference.
HUD announces federal aid for North Carolina after Tropical Storm Helene
By Federal Newswire | Sep 30, 2024
The U.S. Department of Housing and Urban Development (HUD) has announced federal disaster assistance for North Carolina in response to Tropical Storm Helene, which began on September 25, 2024. This follows President Biden's major disaster declaration for several counties and the Eastern Band of Cherokee Indians.
Biden-Harris Administration announces funding for clean energy projects across Midwest
By Federal Newswire | Sep 30, 2024
As part of President Biden’s Investing in America agenda, the Biden-Harris Administration has announced over $2.8 billion to support clean power in the Midwest. The U.S. Department of Energy (DOE) and U.S. Department of Agriculture (USDA) revealed a loan guarantee up to $1.52 billion for Holtec Palisades under the Inflation Reduction Act’s Energy Infrastructure Reinvestment (EIR) program to restart an 800-MW nuclear station in Covert Township, Michigan.
Muhlenberg College resolves antisemitism investigation with U.S. Department of Education
By Federal Newswire | Sep 30, 2024
The U.S. Department of Education’s Office for Civil Rights (OCR) has announced that Muhlenberg College has entered into a resolution agreement to ensure compliance with Title VI of the Civil Rights Act of 1964 when addressing allegations of harassment based on shared ancestry.
Blinken meets Kuwaiti foreign minister Al-Yahya
By Federal Newswire | Sep 30, 2024
Secretary of State Antony J. Blinken met with Kuwaiti Foreign Minister Abdullah Ali Al-Yahya on September 30, 2024. According to Spokesperson Matthew Miller, the meeting marked the start of the U.S.-Kuwait Strategic Dialogue, which aims to strengthen bilateral engagement in various fields.
Netflix signs exclusive five-year deal with Japanese director Hitoshi One
By Federal Newswire | Sep 30, 2024
Netflix has signed an exclusive five-year partnership with acclaimed Japanese director Hitoshi One. Under this agreement, Netflix will produce and distribute new series and films by One.
