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Sam Knight - page 42

Sam Knight has 859 articles published.

For-Profit College DeVry Sued By Feds, Could Lose Key Subsidies

The Federal Trade Commission and the Department of Education have alleged that DeVry University illegally deceived students by lying about graduates’ employment prospects. The FTC filed a lawsuit at a US District Court in California on Wednesday against the for-profit college, while the Department of Education informed the institution that its applicants might no longer be eligible for federal financial assistance under Title IV of the Higher Education Act—a lucrative subsidy to corporate higher educators. FTC Chair Edith Ramirez told reporters in a conference call… Keep Reading

Homeland Security Failing to Account for Over $1 Billion in Training Budget

The Department of Homeland Security is struggling to account for over a billion dollars it recently spent on training, according to its internal auditor. The DHS Office of Inspector General said Wednesday that it found “significant discrepancies” between the department’s 2014 training budget and and what it can actually document spending during the fiscal year. “[I]n FY 2014, Congress provided more than $1.4 billion for DHS training, but DHS only reported $1.9 million in training costs to [the Office of Personnel Management],” the IG report… Keep Reading

US Military Now Preparing “for Decades” In Afghanistan

Pentagon strategists have started planning for the possibility that the US will keep troops in Afghanistan “for decades” and beyond only months after President Obama reversed a withdrawal timetable that would have seen American forces pullout almost entirely by the end of this year. Senior military commanders and ex-Obama administration officials “increasingly” see America’s role in the country as similar to those played by the US in South Korea and Colombia, The Washington Post reported Tuesday. In the former, the US has kept “tens of… Keep Reading

Six GOP Senators Say FCC’s Definition of Broadband Too Fast–Lower Threshold Could Ease Mergers

It isn’t common for Americans to think about hitting the reset button because they believe that their high speed internet service is too fast, but six US Senators want the Federal Communications Commission to do just that. Half a dozen Republican lawmakers last week blasted the telecoms regulator for upwardly revising its definition of broadband in January 2015—to 25 Mbps of download speed and 3 Mbps of upload speed, from 10 Mbps download and 1 Mbps upload. “By suggesting that offering speeds at or above… Keep Reading

Obama’s Pick to be Army Chief Worries About Troop Reductions, Cites Russia, ISIL, North Korea

President Obama’s choice to be the next Army Secretary said he has concerns about plans to scale back the branch. Eric Fanning said that he does “worry about the size of the Army today,” when asked Thursday by Sen. Kelly Ayotte (R-N.H.) at his confirmation hearing before the Senate Armed Services Committee. The Army is planning to reduce troop levels by 40,000 by the end of next year. The reductions to a 450,000-strong fighting force were mandated at the start of the decade by the so-called sequestration… Keep Reading

Dems Say GOP Conducting Criminal Justice Reform “Sabotage” with Major Deregulatory Ask

Democratic lawmakers accused their Republican counterparts of holding up watershed changes to the criminal justice system in a bid to advance profound, business-friendly revisions to the federal criminal code. The Senate Judiciary Committee’s ranking member Patrick Leahy (D-Vt.) said Republican members were attempting to tie provisions about criminal intent to broader reforms to use them “as a vehicle for corporate giveaways” and called the effort “sabotage.” “We have asked those pushing these mens rea reforms for a list of criminal statutes they find concerning,” Leahy said.… Keep Reading

D.C. Circuit Court Set to Hear NLRB Facebook Ruling Challenge

It turns out that some of the country’s most exalted legal minds also have to deal with people getting mad online. The second most influential court in the country is slated to decide whether it “likes” a National Labor Relations Board ruling that found workers can’t be fired for some social media posts critical of bosses. The US Circuit Court of Appeals in Washington DC is expected on Thursday to consider the case, according to Reuters. The dispute was brought by three terminated San Francisco-based employees,… Keep Reading

On Eve of Anti-Refugee Vote, McConnell Says It’s Dems Who Are “Fear Mongering”

Although prominent members of his own party have recently called for immigration bans based on religion, Senate Majority Leader Mitch McConnell (R-Ky.) accused Democrats of “fear mongering” ahead of a vote on a bill that would impede the President’s plan to accept 10,000 Syrian refugees. McConnell urged lawmakers on Tuesday afternoon to vote for the delay and the additional layers of oversight, and especially implored “colleagues across the aisle to treat this issue with the seriousness it deserves.” “This debate should be driven by facts and… Keep Reading

CBO: Budget Agreements Add $130 Billion to 2016 Shortfall

The Congressional Budget Office said Tuesday that deals struck on Capitol Hill since the end of the summer will see the federal deficit in 2016 rise by $130 billion. The current projected fiscal shortfall for this year is now expected to be $544 billion, up from $439 billion in 2015. “That increase is largely attributable to legislation enacted since August—in particular, the retroactive extension of a number of provisions that reduce corporate and individual income taxes,” CBO said. It noted that the deal, which lifted… Keep Reading

Dodd-Frank “SIFI” Distinction to Cause Insurance Giant Split

The insurance conglomerate MetLife announced this week that it will break off its retail arm due to a regulatory classification created by Dodd-Frank financial reform. Company CEO Steven Kandarian said Tuesday that the Systemically Important Financial Institution (SIFI) label bestowed upon it in 2014 by federal regulators influenced their move. Kandarian said the classification “risks higher capital requirements that could put [retail operations] at a significant competitive disadvantage.” “Even though we are appealing our SIFI designation in court and do not believe any part of… Keep Reading

Rep Urges House Panel to Actually Deal With Cops Shooting Black People in Criminal Justice Reform

The House Judiciary Committee reauthorized and tweaked two George W. Bush-era criminal justice reform programs on Tuesday as part of its push to humanize the US judicial system. But it must start tackling a problem raised only in recent years by the Black Lives Matter movement if it wants to foster wider confidence in American law enforcement officials, one committee member said. “We’ve got a problem in this country, a racial problem with police shootings—mostly at African American individuals who have been the subject of shootings… Keep Reading

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