In a recent move, Democratic lawmakers have intensified their call for robust action from U.S. financial regulators concerning the escalating risks posed by climate change. Led by Sen. Elizabeth Warren and Rep. Sean Casten, twenty legislators addressed leaders of key regulatory bodies including the Federal Reserve and the Office of the Comptroller of the Currency … Read more
California Republicans are raising concerns over Democrats’ plans to allocate a $1.5 billion increase to fund Medi-Cal, the state’s healthcare program for low-income individuals, amidst a looming budget deficit. The debate comes as the state faces a financial shortfall estimated to be between $38 billion to $73 billion. The approved boost, aimed at supporting Medi-Cal … Read more
In Maryland’s political arena, a heated debate ensues as lawmakers grapple with proposals for significant tax and fee increases, raising concerns among some Democrats about the potential implications for the upcoming U.S. Senate race. The proposed measures, amounting to hundreds of millions of dollars, have ignited a contentious budget showdown, with fears that they could … Read more