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Sam Knight - page 69

Sam Knight has 859 articles published.

Obama Seeks Approval to Deploy Boots On The Ground in Islamic State War

Article updated below. In its quest to gain congressional authorization for the ongoing war against the Islamic State, the White House is this week seeking explicit legislative approval to deploy US ground troops to Iraq and Syria, according to The Hill. A congressional aide told the paper that President Obama wants Congress to only ban “enduring offensive ground operations” in the fight against the Islamic State–a move that would greatly increase the probability of mission creep. The term is designed to gain the support of… Keep Reading

Ask Your Boss For A Raise: BLS Data Shows Labor Scarcity At Seven Year High

Momentum continued to gather behind US workers’ hand at the bargaining table, as Bureau of Labor Statistics data released Tuesday showed that Americans are increasingly able to fill job vacancies. The ratio of seasonally-adjusted unemployed Americans to the number of job openings in the private sector fell to 1.9 in December, according to the BLS data release. The ratio, by The Sentinel’s measure, fell to its lowest point since November 2007, when it was last below two. On a year-over-year basis, the gauge fell by 1,… Keep Reading

Fed Notes No Enforcement In Response to Half-Decade Old Evidence of HSBC Tax Evasion

A Federal Reserve official could not confirm Tuesday that the central bank has taken action against HSBC for its tax evasion activities in Switzerland, after US officials received evidence over four years ago that the bank was helping American clients engage in the illegal practice. Maryann Hunter, a high-ranking Fed supervisor and and regulator, said that she couldn’t comment on ongoing investigations at a Senate Banking Committee hearing when questioned by Sen. Sherrod Brown (D-Ohio), but noted that the body has pursued three enforcement actions… Keep Reading

Central Bank Governor Opposes Policy Audit Because Fed Doesn’t “Operate In Secrecy,” He Claims

Federal Reserve Governor Jerome Powell came out against “Audit The Fed” legislation gaining momentum on Capitol Hill, saying Monday that it wasn’t necessary because the central bank is sufficiently transparent. Powell warned that the legislation “would subject monetary policy to undue political pressure and place new limits on the Fed’s ability to respond to future crisis.” “These proposals are based on the assertion that the Federal Reserve operates in secrecy and was not accountable for its actions during the crisis,” he said, describing them as… Keep Reading

Obama Seeks To Fend Off Foreign Policy Criticism, As Congressional Appeals for Confrontation Grow

President Obama sought to cover his right flank as he suggested he could take a more confrontational approach in two global hotspots where trigger-happy legislators with an increasingly attentive audience accuse him of demonstrating weakness. Obama said on Monday that he is still open to sending arms to the Ukrainian government to assist in Kiev’s fight against Russian-backed separatists, and intoned that nuclear negotiations between Iran and the permanent UN Security Council members could fail if they don’t result in an agreement next month. He… Keep Reading

Bernie Sanders Not Attending Netanyahu Speech

Sen. Bernie Sanders (I-Vt.) said on Monday that he won’t be attending Israeli Prime Minister’s March address to Congress. “I am not thinking about not going. I am not going,” he said. Sanders made the remarks at the Brookings Institution during a conversation with the think tank’s senior fellow and Washington Post columnist EJ Dionne. The senator said that the invitation to address Congress extended by Speaker of the House John Boehner (R-Ohio) infringes on the ability of the executive branch to formulate foreign policy,… Keep Reading

After January Jobs Report, Congresswoman Warns Recovery Leaving Communities of Color Behind

Americans celebrated on Friday the release of what was, by one key measure, the best monthly jobs report since the start of the Great Recession. But one Congresswoman cautioned that the economic recovery that has taken place since the Wall Street collapse of 2008 hasn’t benefited all Americans equally. Rep. Barbara Lee (D-Calif.) hailed the relative state of the economy, but noted that “this recovery remains unequal and too many Americans are still struggling to find a job, especially in communities of color.” “The unemployment rate… Keep Reading

FBI Can Keep Info on Occupy Houston Sniper Plot Secret, Judge Rules

A federal judge in Washington has prevented the public release of information about a 2011 assassination plot targeting organizers of the Occupy Wall Street movement in Houston. US District Judge Rosemary Collyer said Monday that the FBI was correct in refusing to release documents about the alleged conspiracy after reviewing the material herself. The judge’s findings, in the court’s eyes, validate the federal agency’s claims that it was protecting informants within “organized violent groups”–a claim that the plaintiff in the case still contests. The lawsuit… Keep Reading

U.S. Not About To Stop Aid to Palestinian Authority Over ICC, PLO Says

The State Department and the White House are not preparing to withdraw US aid to the Palestinian Authority after it applied to join the International Criminal Court, according to some of its representatives in Washington. Lobbyists for the Delegation of the Palestine Liberation Organization to the US said that the Obama administration doesn’t believe the clause of last year’s budget mandating the cessation of American assistance to the PA has been triggered. They made the comments on Capitol Hill to a Sentinel reporter who was… Keep Reading

Fearing Insider Trading, Prominent Dems Demand Briefing From Fed on Wall Street Leak Probe

Two prominent Democratic legislators are demanding that the Federal Reserve cough up more information about a leak to an intelligence firm that serves Wall Street hedge funds. Sen. Elizabeth Warren (D-Mass.) and Rep. Elijah Cummings (D-Md.), the ranking member of the House Oversight Committee, on Thursday sent a letter to the Fed, asking it to explain more about the Federal Open Market Committee September 2012 disclosure to Medley Global Advisers. Although a Bloomberg report described an internal investigation as reaching “the highest levels of the central… Keep Reading

Senate Vote Designed to Kill Iran Diplomacy Imminent, Anti-War Lobbyists Warn

A pro-peace lobby said Thursday that Republican senators are about to push an initiative that could effectively scupper any nuclear deal with Iran. The Friends National Committee on Legislation said that Sens. Bob Corker (R-Tenn.) and Lindsey Graham (R-S.C.) will seek to advance legislation they drafted that would grant lawmakers the final say on any accord with Tehran. “Since it’s widely expected that the majority of Congress would reject any nuclear deal reached with Iran, a vote would block a deal from coming into effect,”… Keep Reading

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