Author: Press Room

FIRST ON FOX: Rep. Mark Alford, R-Mo., will introduce legislation that would ban congressional stock trading on Wednesday, serving as the House companion bill to Sen. Josh Hawley’s, R-Mo., “PELOSI Act” in the Senate.Alford’s proposed bill would ban lawmakers and their spouses from holding, purchasing, or selling individual stocks while in office, but it allows investments in diversified mutual funds, exchange-traded funds, or U.S. Treasury bonds. If passed, current lawmakers would have 180 days to comply with the legislation. Likewise, newly elected lawmakers must achieve compliance within 180 days of entering office.”As public servants, we should hold ourselves to a…

A judge in Hawaii has denied bail to a doctor who allegedly tried to kill his wife while the two were hiking on a Honolulu trail in March. The anesthesiologist, 46-year-old Dr. Gerhardt Konig, was charged with attempted second-degree murder after he allegedly tried to kill his wife on March 24 while they were hiking on Oahu’s Pali Lookout trail. His bail was previously set at $5 million. Konig has pleaded not guilty to the murder charge.Konig’s attorneys argued in a motion that bail should be set at a “reasonable amount” since the defendant has no prior criminal history. Prosecutors opposed the…

Talya Pardo is trying to hold on to the good memories of her friend Ljubica Milicevic, and the fact that her friend died on Mother’s Day doesn’t make it any easier. “She was really a very special friend for me, like a second mother,” she told Global News.Milicevic, 76, was struck in the upper body by a tree branch just before 1 p.m. Saturday, according to Montreal police, on Queen Mary Road at the corner of Macdonald Avenue in Côte Saint-Luc.“She was waiting for the bus,” Pardo explained. “She had texted me not even an hour before.”Milicevic passed away from…

Oasis have “no plans” to release new music.The Britpop legends will return to the stage on July 4th to kick off Oasis Live 25, their first tour in 16 years, but the group’s co-manager Alec McKinlay insisted this is not the beginning of new releases from the band.”This is very much the last time around, as Noel’s made clear in the press,” the Ignition and Big Brother Recordings director told Music Week magazine.”It’s a chance for fans who haven’t seen the band to see them, or at least for some of them to. But no, there’s no plan for any…

NEWYou can now listen to Fox News articles! Stephen A. Smith had a question for “Democrats everywhere” on Tuesday during the latest episode of his podcast as he touched on the possibility of Rep. Alexandria Ocasio-Cortez, D-N.Y., (AOC) running for president.”What is your strategy?” Smith asked.The ESPN personality turned his attention to AOC and a Wall Street Journal report that said she was nOt ruling anything out, including possible Senate and presidential runs. The paper added that some Democrats worried Ocasio-Cortez would “turn off the centrist voters they need to win competitive races.” Rep. Alexandria Ocasio-Cortez (D-N.Y.) has been mentioned…

The four-day military clash between India and Pakistan was the most expansive fighting in half a century between the two nuclear-armed countries. As both sides used drones and missiles to test each other’s air defenses and hit military facilities, they claimed to inflict severe damage.But satellite imagery indicates that while the attacks were widespread, the damage was far more contained than claimed — and appeared mostly inflicted by India on Pakistani facilities. In a new age of high-tech warfare, strikes by both sides appeared to be precisely targeted. What is increasingly clear is that both sides suffered casualties among their…

The Environmental Protection Agency said Wednesday that it plans to weaken limits on some “forever chemicals” in drinking water that were finalized last year, while maintaining standards for two common ones.The Biden administration set the first federal drinking water limits for PFAS, or perfluoroalkyl and polyfluoroalkyl substances, finding they increased the risk of cardiovascular disease, certain cancers and babies being born with low birth weight. Those limits were expected to reduce PFAS levels in drinking water for millions of people.Commonly called “forever chemicals,” PFAS are found nearly everywhere — in air, water, and soil — and can take thousands of years to break…

Brad Setser is a senior fellow at the Council on Foreign Relations, and a former US Treasury official.Sometime on May 2, a Taiwanese company probably came to the conclusion that it was time to sell a slug of its export proceeds. Like the proverbial butterfly, it caused a financial storm that we’re still not through. Maybe the exporter, sitting on dollars from freshly sold semiconductor chips, worried that the US would put pressure on Taiwan to strengthen its currency as part of the coming negotiation over how Taiwan can avoid the 32 per cent “Liberation Day” tariff rate. Perhaps it saw…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Bank of London is under scrutiny on two fronts from regulators as its auditor warned that there were “material uncertainties” over whether the ailing fintech could continue trading.Regulators at the Bank of England’s Prudential Regulation Authority have put the clearing bank under so-called enhanced supervision due to inaccurate record-keeping, lax regulatory reporting and governance failures, TBoL disclosed in its financial accounts that were filed on Wednesday. The PRA has also launched a separate enforcement investigation into unspecified “historic” events, according to…

Gov. Gavin Newsom will call Wednesday for California to scale back health care for undocumented immigrants to help balance the state budget, retrenching on his desire to deliver “universal health care for all.”The move comes days after the Trump administration targeted a different state-funded program for immigrants in California and signaled that it would continue to scrutinize benefits for undocumented individuals.In a budget presentation on Wednesday, Mr. Newsom will propose freezing enrollment of undocumented adults in the state’s version of Medicaid, known as Medi-Cal, as soon as January. He also will seek to charge those who remain in the program…