Tag: news
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U.S. Department of the Treasury Releases Final Regulations Implementing Bipartisan Tax Reporting Requirements for Brokers of Digital Assets
As part of the Biden-Harris Administration’s implementation of the bipartisan Infrastructure Investment and Jobs Act (IIJA), the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) today released final regulations regarding reporting requirements for trading front-end service providers interacting directly with customers on digital asset transactions, often referred to as “DeFi brokers.” The final rules announced today do not change or…
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U.S. Food and Drug Administration Roundup: December 27, 2024
FDA News Release Today, the U.S. Food and Drug Administration is providing an at-a-glance summary of news from around the agency: Related Information The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other…
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Congress Passes Social Security Fairness Act Repealing WEP/GPO
On early December 21, the Senate voted 76-20 to pass the Social Security Fairness Act – legislation that repeals both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), two provisions of Social Security that reduce or sometimes eliminate benefits for certain public servants, as well as their surviving spouses. The House previously…
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Federal Efforts to Reduce Homelessness: Biden-Harris Administration Unveils New Measures to Tackle Homelessness
Federal Government Announces Significant Efforts to Reduce Homelessness WASHINGTON – The Biden-Harris Administration announced a series of measures to address homelessness across the country, reaffirming the Administration’s commitment to ensuring all Americans have access to safe, stable housing. This includes updating regulations that streamline the repurposing of surplus federal properties for affordable housing and homelessness services,…
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New York. Mayor Adams to Deliver 2025 State of the City Address
NEW YOR City Mayor Eric Adams today announced that, on January 9, 2025, he will deliver his fourth mayoral State of the City address at The Apollo in Manhattan, where he will discuss his administration’s achievements over the past three years, the current state of the city, and how the Adams administration will continue to…
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FBI: Missouri Man Indicted for Federal Hate Crime for Racially Motivated Threats Targeting St. Louis NAACP
A federal indictment was unsealed charging a Missouri man with threatening the St. Louis office of the NAACP. Darryl Jaspering, 62, of Warrenton, was indicted for one count of transmitting threatening communications and one count of interference with federally protected activities. According to the indictment, Jaspering wrote a message on the NAACP’s contact page “in…
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Statement from President Joe Biden on Russia’s Overnight Aerial Attacks against
In the early hours of Christmas, Russia launched waves of missiles and drones against Ukrainian cities and critical energy infrastructure. The purpose of this outrageous attack was to cut off the Ukrainian people’s access to heat and electricity during winter and to jeopardize the safety of its grid. Let me be clear: the Ukrainian people…
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New York. Governor Hochul Signs Online Safety Legislation to Strengthen Protections for the Personal Data of Consumers
Ahead of the holidays, Governor Kathy Hochul signed a legislative bill package designed to strengthen protections for the personal data of consumers. During the holiday season, companies, offices and organizations statewide, experience higher levels of fraudulent activity involving consumer data and information. With this series of bills newly signed by the Governor, New York continues…
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Extension of State of Emergency Due to Asylum Seeker Humanitarian Crisis in New York City
Thousands have arrived without immediate shelter plans, creating a humanitarian crisis that challenges the city’s resources, particularly its shelter system. Emergency measures first declared in October 2022 and detailed in earlier executive orders remain in effect. The state of emergency is extended for 30 days, with provisions for further extensions if necessary. This directive takes…
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NYC. Mayor Adams Appears on FOX 5’s “The Five O’clock News
In an exclusive interview with FOX 5’s Morgan McKay, Mayor Eric Adams reflected on his first year in office, addressing significant topics, including his federal indictment, the handling of the migrant crisis, and NYPD misconduct allegations. He confirmed reports that a migrant involved in a tragic homicide had re-entered the U.S. after prior removal, emphasizing…
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Governor Kathy Hochul Unveils $3 Billion Inflation Relief Initiative for New York Residents
In a strategic move to combat rising living costs, Governor Kathy Hochul has announced a $3 billion Inflation Refund initiative aimed at easing financial burdens for 8.6 million New Yorkers, including 620,000 households in Western New York. The proposal, funded by surplus sales tax revenue, will deliver direct payments of $300 to individuals earning under…
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Donald Trump speaks at Turning Point USA event in Phoenix Arizona December 22 2024 – Video
President-elect Donald Trump delivered his first rally-style speech since winning the 2024 election at Turning Point USA’s AmericaFest in Phoenix, Arizona on Sunday, December 22, 2024[1][2][3]. The event, billed as the “largest celebration of our constitutional rights and freedoms,” drew thousands of supporters[3][5]. During his 75-minute speech, Trump focused on several key points: While attempting…
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White House. Bill H.R. 10545
On Saturday, December 21, 2024, the President Joe Biden signed into law: H.R. 10545, the “American Relief Act, 2025”, which provides fiscal year 2025 appropriations to Federal agencies through March 14, 2025, for continuing projects and activities of the Federal Government; provides disaster relief appropriations and economic assistance to farmers; extends the Agriculture Improvement Act of…
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Mayor Eric Adams Celebrates Nearly 65 Million Visitors to NYC in 2024, Second Highest Number of Visitors in City History
– New York City Mayor Eric Adams and NYC Tourism + Conventions President and CEO Julie Coker today announced a new end-of-year tourism forecast that shows the city’s continued strong economic growth and reputation as a global tourist destination. In 2024, nearly 65 million visitors came to New York City — the second-highest figure in city…
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Statement from President Joe Biden on the Bipartisan Government Funding Bill
The bipartisan funding bill I just signed keeps the government open and delivers the urgently needed disaster relief that I requested for recovering communities as well as the funds needed to rebuild the Francis Scott Key Bridge. This agreement represents a compromise, which means neither side got everything it wanted. But it rejects the accelerated pathway…
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White House. Biden-Harris Administration Marks Progress Strengthening America’s Supply Chains
Upon taking office in 2021, President Biden and his Administration immediately got to work addressing the shocks that were roiling global supply chains and moved swiftly to secure key industries for America’s economy and national security. Everything in our lives—the food we eat, the medicines in our hospitals, the energy that powers our homes, the…
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NEW YORK DEPARTMENT OF STATE RELEASES $3.5 MILLION STRATEGIC INVESTMENT PLAN TO PROTECT AND RESTORE LONG ISLAND’S SOUTH SHORE ESTUARY RESERVE
The New York State Department of State today released a bold, multifaceted $3.5 million Strategic Investment Plan to implement the agency’s South Shore Estuary Reserve (SSER) program. The plan includes programs to be funded over the next two years that will accomplish many goals and priorities in the SSER Comprehensive Management Plan, including water quality…
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NEW YORK. Mayor Adams Appoints James Stratford as Executive Director of New York City Young Men’s Initiative
– New York City Mayor Eric Adams today announced the appointment of James Stratford as the executive director of the New York City Young Men’s Initiative. Stratford brings to the role over two decades of experience within the nonprofit and youth development space. A native New Yorker, Stratford grew up participating in city-led programs such as…
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Mayor Eric Adams Announces New York City has won $40 Million in EPA Grants to Electrify Heavy-Duty Vehicles, School Buses
December 17, 2024 – New York City Mayor Eric Adams today announced that the city and its partners have won approximately $40 million in competitive grants from the U.S. Environmental Protection Agency’s (EPA) 2024 Clean Heavy Duty Vehicles Program. The New York City Department of Citywide Administrative Services’ (DCAS) $17.3 million award will allow the…
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NYC Mayor Adams Hosts Reception in Celebration of Chanukah
Menashe Shapiro, Deputy Chief of Staff and Senior Advisor to the Mayor: Good evening again and welcome back to the People’s House, to Gracie Mansion, where the 110th mayor of New York City, Eric Adams, demonstrates his unique devotion to the cultural mosaic that is New York City by welcoming each and every group of people…