On Wednesday, top officials from the Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation or FDIC were in the hot seat on Capitol Hill. They all faced questions about what caused the collapses of Silicon Valley and New York Signature Banks earlier this month.
“We also need answers from the CEOs who not only ran these banks into the ground but enriched themselves,” said Rep. Maxine Waters, D – California. “The events of the few weeks raise questions about what more can be done and should be done so that isolated banking problems do not undermine confidence in healthy banks and threaten the stability of the banking system as a whole,” said Barr, Board of Governors of the Federal Reserve
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California lawmakers OK potential fines for high gas pricesCalifornia lawmakers on Monday approved the nation's first penalty for price gouging at the pump, voting to give regulators the power to punish oil companies for profiting from the type of gas price spikes that plagued the nation's most populous state last summer. They should leave Cali….. This is crazy. It’s California taxes. That’s why the gas is high. DavidHo71155831 The state with the highest tax rate on gasoline is Pennsylvania at $0.576 / gallon followed closely by California at $0.539 / gallon. And gas in CA is the highest in the US.
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This Tweet Is Proof Lawmakers Aren’t Ready for the AI BoomOn Sunday night, Senator Chris Murphy tweeted a bold claim about ChatGPT. The only problem: Nearly every single thing Murphy wrote in that tweet was wrong.
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California lawmakers OK potential fines for high gas pricesCalifornia lawmakers approved the nation’s first penalty for price gouging at the pump. what's California gonna do? i thought you were going with ElectricVehicles to 'combat climate change'. Wheres our gas Cap? Sweet Start With California
Source: FOXLA - 🏆 445. / 53 Read more »
California lawmakers approve nation's first penalty for gas price gougingOn Monday, California lawmakers approved the nation's first penalty for gas price gouging. It was an unusually fast process for a controversial issue, especially one opposed by the powerful oil industry, which has spent millions of dollars to stop it. Dems trying to pin the blame on the oil companies for their disastrous woke energy policies😭 This is economic illiteracy So no gas company decided to take market share and have significantly lower prices then the competitors - they all conspired at a price which made them greedy? Yet none of them were greedy enough to undercut the rest? I see
Source: CBSNews - 🏆 87. / 68 Read more »