Tag: Congress
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When I was a kid, my family was on food stamps. But sometimes, what we really needed was money to pay the light bill. Why not just give people cash? Right now, Congress is voting on Medicaid cuts in the hopes of balancing the budget. I have a much easier…
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+ Politics+ Congress, Federal government, Government, Medicaid, News, Politics, SNAP, Trump, Washington, Welfare+
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“The two parties actually talk about each other in this existential threat way. Like the only way the country will be safe is if we eliminate the existence of the other party.” That’s Arizona Senator Kyrsten Sinema at the All-In Summit. In a conversation with the besties, Sinema explains how…
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+ Arizona, Congress, Democrat, Election, Government, Independent, Israel, News, Politics, Republican, Senate, Venture Capital+
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Former Congressman Stephen Buyer was arrested today for insider trading. From Politico: Federal authorities filed criminal and civil insider trading charges against former Rep. Stephen Buyer in U.S. court in Manhattan on Monday, alleging that the Indiana Republican used information gleaned from a golf outing with a T-Mobile executive to…
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Dogecoin has become so popular, even Congressmen are getting into the game: U.S. Rep. Mark Green purchased Dogecoin on April 1 and April 14 according to Congresstrading.com. The purchases were in the amount of $1,001 to $15,000 on each occasion. A $1,000 purchase each time would now be worth $17,078…
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+ Bitcoin, Blockchain, Congress, Crypto, Cryptocurrencies, Cryptocurrency, DC, Doge, Dogecoin, Government, Investing+
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Congress held a second hearing on the mania in GameStop Corp. shares yesterday. It focused on the business model used by Robinhood and other brokers popular with retail traders, which is called “payment for order flow.” In this system, companies that execute trades (such as Citadel Securities) pay the broker…
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At 10am Eastern time today, Congress will be having its second hearing about the frenzy in GameStop Corp. shares that sent the stock up 1700% in January. This hearing is unlikely to affect the price of the stock much. Rather, it will dig into whether or not the trading system…
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Citadel CEO Ken Griffin claims that even though they pay Robinhood to execute their trades, investors are getting a better deal than they would in public stock markets: Citadel CEO Ken Griffin said Thursday that the system has been “very important to the democratization of finance. It has allowed the…
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The AstraZeneca COVID vaccine is being manufactured today at a plant in Baltimore. This vaccine has been show to be between 62% and 90% effective at preventing symptomatic COVID. But despite those excellent results in trials in the UK, Brazil, India and South Africa, the US government plans to wait…
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+ Activism, AstraZeneca, Congress, Coronavirus, COVID Vaccine, COVID-19, FDA, News, Science, Vaccines+
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