Tag

Congressional Hearings

All articles tagged with #congressional hearings

politics1 year ago

"Mayorkas Grilled Over Border Failures and Budget Hearings Amid Impeachment"

Department of Homeland Security Secretary Alejandro Mayorkas faced intense scrutiny from Republican lawmakers during congressional hearings on the Biden administration's border security policies, with accusations of inaction and undermining border security. Mayorkas was grilled on the administration's failure to address the border crisis despite increased budget and executive authority, and was criticized for downplaying the severity of the situation. The House of Representatives previously impeached Mayorkas, and the Senate is set to begin trial proceedings next week.

international-relations1 year ago

Russian Spy Unit Implicated in 'Havana Syndrome' Attacks on U.S. Officials

A '60 Minutes' report suggests that Russian military intelligence Unit 29155 is likely behind the mysterious neurological symptoms known as "Havana Syndrome" that have affected US diplomats and spies for nearly a decade, contradicting the US intelligence community's previous assessment ruling out a foreign role. The report links the unit to the development of "non-lethal acoustic weapons" and tracks attacks on American personnel in various locations. Calls for congressional hearings have been made, and the US government has been urged to prioritize investigations and support for affected personnel.

entertainment2 years ago

SNL Faces Backlash for Controversial Antisemitism Skit

Saturday Night Live (SNL) is facing backlash for its "tone-deaf" sketch mocking the Congressional hearings on anti-Semitism on campus. Former SNL star Cecily Strong was set to play Rep. Elise Stefanik in the sketch but was replaced by newcomer Chloe Troast after the dress rehearsal. Critics, including rabbis, former US ambassador to Israel, and the Anti-Defamation League CEO, called the sketch appalling and demanded an apology. The sketch attempted to make light of testimony by the presidents of Harvard, UPenn, and MIT regarding anti-Semitism at top universities, but it was widely criticized for its insensitivity. UPenn President Liz Magill, who testified at the hearings, has since resigned from her post.

entertainment2 years ago

SNL's Controversial Cold Open Targets Antisemitism Hearings, Mocks GOP Rep. Stefanik

Saturday Night Live (SNL) faced backlash for its cold open sketch that mocked last week's congressional hearings on campus anti-Semitism. The sketch attempted to undermine the seriousness of the issue, leading to criticism from viewers who felt it was inappropriate given the recent terror attack. SNL newcomer Chloe Troast portrayed Congresswoman Elise Stefanik, and the sketch targeted her hearing performance. The real Stefanik celebrated the resignation of University of Pennsylvania President Amy Magill, who had given a controversial testimony. SNL's creator, Lorne Michaels, who is Jewish, has been accused of moving the show far left during the Trump years.

sports2 years ago

PGA Tour's Saudi Deal Under Scrutiny from Watson and Democrats

Eight-time major champion Tom Watson has written a letter to PGA Tour Commissioner Jay Monahan and the board asking for answers on the tour's new business partnership with Saudi backers of LIV Golf. Watson questioned whether the deal was the only way to solve the tour's financial hardship and criticized the "hypocrisy in disregarding the moral issue." Meanwhile, Sen. Richard Blumenthal suggested that congressional hearings could be held within weeks to investigate the deal, which he said involved a "repressive, autocratic foreign government taking control over an iconic, cherished American institution for the clear purpose of cleansing its public image."

sports2 years ago

PGA Tour's Saudi Deal Under Scrutiny from Tom Watson and Democrats

Eight-time major champion Tom Watson has written a letter to PGA Tour Commissioner Jay Monahan and the board asking for answers on the tour's new business partnership with Saudi backers of LIV Golf. Watson questioned whether the deal was the only way to solve the tour's financial hardship and criticized the "hypocrisy in disregarding the moral issue." Meanwhile, Sen. Richard Blumenthal suggested that congressional hearings could be held within weeks to investigate the deal, which he said involved a "repressive, autocratic foreign government taking control over an iconic, cherished American institution for the clear purpose of cleansing its public image."

finance2 years ago

US Lawmakers Grill Bank Regulators Over SVB Collapse and Possible Tougher Rules.

Lawmakers in the House Financial Services Committee grilled top U.S. bank regulators over their competency and questioned whether examiners were asleep at the wheel during a second day of congressional hearings this week about the collapse of Silicon Valley Bank and Signature Bank. The regulators were criticized for their lack of transparency and for not taking action when they had clear knowledge of insufficient risk management. The question of what records would be given to Congress came up repeatedly in the contentious hearing. Senators also introduced bipartisan legislation that would require federal regulators to claw back all or part of compensation earned by bank executives in the five-year period preceding a banking failure.

politics2 years ago

Political Pressure Mounts on Fed Amid Banking Failures and Scandals

The recent banking crisis has put the Federal Reserve under harsh political scrutiny, with lawmakers questioning if tougher oversight by the central bank could have prevented the failure of Silicon Valley Bank and its contagion effect on the financial system. The Fed's independence and effectiveness are at stake as it faces pressure from both Republicans and Democrats to strengthen its supervision of the banking system. Congressional hearings are set to begin next week, and the Hill is expected to launch its own investigation. The Fed's reputation for independence from politics is crucial, but it may face tangible changes as lawmakers debate reining it in.

finance2 years ago

Lawmakers demand accountability and transparency in response to recent bank failures.

Lawmakers overseeing the recent turmoil in the banking sector have announced back-to-back hearings next week to examine regulatory lapses that missed signs the banks were in trouble. The high-profile hearings come as lawmakers try to understand what caused the two institutions to fold, and as many Democrats float legislation to bolster safeguards for the financial system. Regulators and lawmakers are also trying to contain further damage to the economy and reinforce confidence in the banking system.