The top two congressional Democrats have, for now, rejected President Donald Trump and Republicans’ offer to avert a shutdown as the deadline rapidly approaches. For several hours Monday night, both Republicans and Democrats were near-radio silent about the nature of the counter-offer from the White House. That was, in part, because some lawmakers had no idea what was in it. But the silence appeared to spell yet another positive step toward averting the shutdown of...
A damning new report was released Tuesday morning ahead of a House Ways & Means Committee hearing aimed at exposing foreign actors sending money to U.S. nonprofits. The hearing, which is titled, ‘Foreign Influence in American Non-profits: Unmasking Threats from Beijing and Beyond,’ will begin around 10:00 a.m. EST. Six foreign entities have funneled more than $2.65 billion into American politics, according to a new report by conservative watchdog Americans for Public Trust (APT), which...
Ed Miliband has approved a sweeping expansion of renewable energy projects across the UK, backing solar farms that could cover an area of farmland close to the size of Manchester, alongside dozens of new onshore wind developments. On Tuesday, the energy secretary awarded consumer-funded subsidies to 134 new solar farms across England and a further 23 in Wales and Scotland. He also approved 28 large onshore wind projects, mainly located on hillsides in Scotland and...
UK semiconductor start-up Fractile has announced a £100 million expansion of its British operations, scaling up in London and Bristol as ministers intensify calls for greater domestic ownership of critical artificial intelligence technology. The investment, to be deployed over the next three years, will fund a new industrial hardware engineering facility in Bristol, alongside the expansion of Fractile’s existing UK sites and a significant increase in its domestic workforce. The company is focused on developing...
The founder of Starling Bank has reduced her shareholding in the fintech, as new filings reveal that Anne Boden has cut her stake during a secondary share sale that valued the business at up to £4 billion. Boden, who launched Starling in 2014 after senior roles at Allied Irish Banks and Lloyds, has lowered her holding to around 2.7 per cent from a previous 4.3 per cent, according to the disclosures. The move follows a...
The Republican-led House Committee on Ways and Means is set to hold a hearing on Tuesday morning digging into foreign influence in American nonprofits, with several NGOs and far-left funding networks expected to be on the hot seat. At 10 a.m. on Tuesday, House Committee on Ways and Means Chair Jason Smith will oversee a hearing, ‘Foreign Influence in American Non-profits: Unmasking Threats from Beijing and Beyond.’ The hearing will be broadcast online at the...
A Tuesday Senate hearing is set to expose billions in fraud in Minnesota as well as foreign backing for anti-ICE agitators across the country, Sen. Josh Hawley’s office told Fox News Digital. The hearing before the Homeland Security Subcommittee on Disaster Management, which Hawley chairs, will feature testimony from a Minnesota state senator and representatives of third-party watchdog groups. Systemic fraud backed by transnational groups has stolen billions from child nutrition, FEMA assistance, housing, Medicaid...
President Donald Trump’s administration is poised to walk back an Obama-era greenhouse gas finding that serves as a lynchpin for justifying climate regulations across the country on Wednesday. The 2009 ‘endangerment finding’ identifies six greenhouse gases that the Obama administration said pose ‘a threat to public health and welfare.’ That harm finding was then used to justify sweeping climate regulations from the Environmental Protection Agency (EPA), such as raising fuel economy standards and limiting power...
UK government borrowing costs climbed on Monday as markets reacted to intensifying pressure on Sir Keir Starmer, with investors pricing in heightened political risk and the possibility of a shift towards more left-leaning Labour policies. The yield on the benchmark 10-year UK government bond rose by as much as 0.08 percentage points to nearly 4.6 per cent, while yields on 30-year gilts reached their steepest level since November. Bond yields move inversely to prices, meaning...
Apple and Google have agreed to make changes to their UK app stores following intervention by the country’s competition watchdog, after it concluded the two firms hold an “effective duopoly” over the sector. The Competition and Markets Authority (CMA) said the tech giants have committed to a series of measures designed to improve transparency and competition. These include pledges not to give preferential treatment to their own apps and to be clearer about how third-party...
