
Interim US Attorney Kehoe talks fraud, civil enforcement
In the latest Florida Business Minds podcast episode, Greg Kehoe, the interim U.S. Attorney for the Middle District of Florida, discusses his career and priorities with Tampa Bay Business Journal Editor Alexis Muellner.
Kehoe highlighted his extensive experience in financial institutions, corporate fraud, and war crimes, including representing General Dynamics and handling significant cases like the $350 million Walgreens settlement for improper opioid dispensing. He emphasized the importance of white-collar crime prosecution, particularly in Medicare, Medicaid, and TRICARE fraud.
GET TO KNOW YOUR CITY
Find Local Events Near You
Connect with a community of local professionals.
Explore All Events
Kehoe worked for the U.S. Department of Justice as a prosecutor for over twenty years, postings in the United States, Europe, Asia, and South America. As an Assistant U.S. Attorney, he prosecuted a number of high-profile cases involving financial institutions, corporate fraud allegations, and racketeering charges.
Attorney General Pamela Bondi appointed him on March 31, 2025.
Kehoe also stressed the need for civil enforcement and community engagement, especially in the aftermath of natural disasters. His leadership is shaped by his commitment to service and respect for the media.
Listen to the free podcast above or here.
Sponsored by TECO Peoples Gas, the Florida Business Minds audio series features candid conversations with business leaders from the Orlando, South Florida, Tampa Bay and Jacksonville regions.
Find more Florida Business Minds podcasts here.
Sign up here for the Business Journal's free morning and afternoon daily newsletters to receive the latest business news impacting the First Coast, and download our free app to get breaking news alerts on your phone.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Hill
2 hours ago
- The Hill
Sunday shows preview: Trump-Musk spat leaves admin reeling; ‘Big, beautiful bill' hits speed bump
President Trump and tech billionaire Elon Musk's feud spilled out in public on Thursday, with the world's richest man and the world's most powerful leader trading barbs that engulfed news cycles in Washington and abroad. Musk, a Trump ally, was vocal about his disappointment with Trump's 'Big, Beautiful Bill' currently sitting in the Senate. Musk, who spent millions during the 2024 presidential campaign to help elect Trump, called the massive piece of legislation a 'disgusting abomination.' Trump then weighed in on Thursday at the White House during German Chancellor Friedrich Merz's visit, saying, 'Elon and I had a great relationship. I don't know if we will anymore.' The spat intensified, with Musk floating the prospects of creating a third party, claiming that without his political contributions, Trump would not be victorious against ex-Vice President Harris in November and accusing the president of having ties to convicted sex offender Jeffrey Epstein. Trump threatened to cut off federal contracts awarded to Musk's companies. Later on Thursday, Musk signaled he might be open to brokering a truce with the commander-in-chief. After speaking with several news outlets Friday morning, Trump suggested he is ready to move on and indicated that he will not be speaking with Musk for a while. Trump told CNN Friday morning that he is 'not even thinking about Elon' and added that the SpaceX and Tesla CEO has 'got a problem. The poor guy's got a problem.' In the Senate, Trump's agenda bill, which passed the House chamber last month, has sparked concerns and criticism from GOP senators. The first group of GOP Sens., which consists of Susan Collins (R-Maine), Lisa Murkowski (R-Alaska), Jerry Moran (R-Kan.) and Josh Hawley (R-Mo.), are arguing they could vote against the bill if it slashes Medicaid benefits. Others, including Sens. Rand Paul (R-Ky.) and Ron Johnson (R-Wis.) have previously said they would not back the legislation if it retains the current debt and spending levels. The GOP can have three defections total if all Democrats vote against the legislation. Sen. Johnson will be on CNN's 'State of the Union where he will likely discuss if any of his concerns regarding the 'Big, Beautiful Bill' have been addressed. As part of a push to root out waste, fraud and abuse within Medicare, Sen. Thom Tillis (R-N.C.) said this week that a bill sponsored by Sens. Bill Cassidy (R-La.) and Jeff Merkley (D-Ore.), that would crack down on Medicare Advantage overpayments known as 'upcoding,' could be inserted into Trump's massive legislation. Cassidy will be on NewsNation's 'The Hill Sunday,' where he will likely discuss the latest on the reconciliation package along with his recent visit to the White House. NewsNation's 'The Hill Sunday': Sen. Bill Cassidy (R-La.); Rep. Sarah Elfreth (D-Ma); U.S. Chamber of Commerce chief policy officer Neil Bradley. ABC's 'This Week': Ukrainian President Volodymyr Zelenskyy; House Speaker Mike Johnson (R-La.). NBC's 'Meet the Press': Sens. James Lankford (R-Okla.), and Cory Booker (D-N.J.). CNN's 'State of the Union': 'Sens. Bernie Sanders (I-Vt.), Ron Johnson (R-Wis.), and Markwayne Mullin (R-Okla.); Rep. Nicole Malliotakis (R-N.Y.). CBS' 'Face the Nation': National Economic Council Director Kevin Hassett; Sen. Amy Klobuchar (D-Minn.); Rep. Tony Gonzales (R-Texas); Save the Children U.S. President and CEO Janti Soeripto. 'Fox News Sunday': Office of Management and Budget Director Russ Vought; Sen. Rick Scott (R-Fla.); Rep. Michael McCaul (R-Texas). Fox News' 'Sunday Morning Futures': Secretary Of Interior Doug Burgum, Sen. Rand Paul (R-Ky.); House Ways And Means Committee Chairman Rep. Jason Smith (R-Mo.); Rep. Marjorie Taylor Greene (R-Ga.).
Yahoo
6 hours ago
- Yahoo
Coinbase CEO Warns Bitcoin Will 'Take Over As Reserve Currency' If US Fails To Get Debt Under Control
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Does Bitcoin have the potential to become the reserve currency of the world? This is an idea that core believers in the asset have toyed with for years. The reasoning is that disillusionment with the debt-driven fiat system will lead to a mass exodus to Bitcoin due to its scarcity, neutrality and global accessibility. Amid growing U.S. debt concerns, the chorus that the age of Bitcoin is near is growing louder. 'If the electorate doesn't hold congress accountable to reducing the deficit, and start paying down the debt, Bitcoin is going to take over as reserve currency,' Coinbase (NASDAQ:COIN) CEO Brian Armstrong said Wednesday on X in response to data showing that U.S. debt was a hair's breadth away from $37 trillion. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . 'I love Bitcoin, but a strong America is also super important for the world,' Armstrong said. 'We need to get our finances under control.' Just the day before, Gemini CEO Tyler Winklevoss posted 'Buy bitcoin' in response to a similar chart. These sentiments come as the rising U.S. debt is likely to negatively impact investor confidence in the country, which could reflect on the dollar. And many believe that the cracks have begun to show as, amid uncertainty, investors have not flocked to the dollar and U.S. Treasury bonds as usual. Economists Charles Collyns and Michael Klein recently warned that if this pattern continues, it could pave the way for multiple reserve currencies to emerge alongside the dollar. Whether Bitcoin will emerge as one of the alternatives remains to be seen. Concerns over the ballooning U.S. debt have grown in recent weeks amid debates over the President Donald Trump's 'big beautiful bill,' which recently passed the House. Trending: New to crypto? on Coinbase. The bill aims to extend and introduce tax cuts, allocate billions to enhance border security, increase the debt ceiling and implement cuts to spending on social programs such as Medicaid and food assistance. In Trump's telling, this bill will put significantly more money in the pockets of Americans and boost defense. However, the Congressional Budget Office said the bill could add at least $3.3 trillion to the U.S. deficit over the next decade, exacerbating concerns about the debt. The bill has drawn flak from even some of Trump's supporters, including Tesla (NASDAQ:TSLA) CEO Elon Musk. 'This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination,' Musk said on Tuesday. 'Shame on those who voted for it: you know you did wrong. You know it.' But the Trump administration continues to downplay these concerns. Treasury Secretary Scott Bessent told CBS earlier this week that calculations of the impact of the big beautiful bill on the U.S. deficit did not account for anticipated revenue from Trump's controversial tariffs and other initiatives. 'So the deficit this year is going to be lower than the deficit last year, and in two years it will be lower again,' Bessent said. 'The goal is to bring it down over the next four years, leave the country in great shape in 2028.' Read Next: A must-have for all crypto enthusiasts: . Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Image: Shutterstock This article Coinbase CEO Warns Bitcoin Will 'Take Over As Reserve Currency' If US Fails To Get Debt Under Control originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 hours ago
- Yahoo
Trump's budget bill could cut federal food assistance to 575,000 Kentuckians
More than half a million Kentuckians — including roughly 225,000 children — face the loss of or a reduction in their federal food assistance benefits under a budget bill moving through Congress supported by President Donald Trump, advocates said Friday. In addition to the proposal in Trump's 'One Big Beautiful Bill Act' to slash Medicaid spending by billions, the budget reconciliation bill includes historic cuts to the federal Supplemental Nutrition Assistance Program, which provides food assistance to low-income individuals and families. Roughly 13% of Americans — more than 41 million people — receive SNAP benefits each month. Trump's bill threatens to reduce the federal program by more than $300 billion over the next decade, putting more responsibility on states to foot the bill instead. Jessica Klein, policy associate at the Kentucky Center for Economic Policy, described it as the 'largest cut, ever, to SNAP in the history of the program's existence' on a Friday press call. Supporters of the bill, including most, but not all of, Kentucky's congressional delegation, laud it as a means of carrying out Trump's agenda to eliminate 'waste, fraud and abuse' in federal resources. Millions of SNAP recipients are expected to be cleaved from the program nationwide. 'SNAP is proven to reduce hunger, improve health, reduce health care costs and support local economies. As the top farming state in the nation, our farmers' markets, groceries and food retailers have come to rely on the almost $1.3 billion spent on groceries with SNAP each year,' Klein said. One in eight Kentuckians benefits from SNAP, which translates to roughly 575,800 people. The ripple effects of the bill, which is now in the Senate, extend well beyond the direct impact on families using SNAP dollars to buy groceries each month, Klein and other food assistance advocates said Friday. In 2023, over 92.5% of Kentucky schools — about 625,000 kids — were eligible through the federal Community Eligibility Provision program. That program allows low-income students to receive free breakfast and lunch. CEP eligibility is calculated — and districts are reimbursed with federal dollars — using a formula based on the percentage of students eligible for free or reduced meals using the Identified Student Percentage, or ISP. The ISP is based on their family's participation in federal food assistance programs, including SNAP and Temporary Assistance for Needy Families, or TANF. A reduction in the overall number of families receiving SNAP benefits means school districts eligible for the CEP program, by extension, risk losing that funding, said Leah Fagin, the food service director at Mayfield Independent School District, where roughly 90% of the student population qualifies for free or reduced meals. Even in a relatively small district like Mayfield, CEP-eligible districts can receive federal reimbursements of tens of thousands of dollars. The SNAP cuts and ripple effect to CEP eligibility will mean the districts, then 'have to absorb that cost,' she said. 'When you're looking at a school district with 10 schools with several thousand dollars in meal charges, you're looking at cutting teachers, cutting other benefits the district is able to enjoy,' Fagin said. 'I'm very concerned our legislators do not understand the critical link between SNAP and CEP eligibility,' she said. What's more, the loss of SNAP dollars uniquely threatens rural Kentucky where farming is a 'vital part' of the local economy, said Emily Foster, a farmer in Wolfe County who manages the Red River Gorge Farmers Market. Her farmers market, like others across Kentucky, accepts SNAP benefits. 'SNAP doesn't just help families put food on the table, it also strengthens our entire local food economy,' Foster said. 'Accepting SNAP expands our customer base, allowing more people to shop at the market, people who otherwise might not be able to afford fresh food.' Foster added, 'when families spend SNAP benefits at the market, that money goes directly to our local farmers, who in turn spend it at local businesses, creating a ripple effect that benefits everyone. In Eastern Kentucky, where economic opportunities can be limited, this cycle is especially important.'