
Texas attorney general sues adult swimming group for allowing transgender competitors
The suit alleged that U.S. Masters Swimming undermined the trust of consumers through 'false, deceptive, and misleading practices" because it said the other swimmers faced what it described as an unfair disadvantage in the Spring Nationals competition in April.
U.S. Masters Swimming said in a statement that it has been cooperating fully with Attorney General Ken Paxton's investigation, which comes as a nationwide battle over the participation of transgender athletes has played out at both the state and federal levels.
'It is deeply disappointing to see our organization and individual members publicly targeted in a lawsuit that appears to be more about generating headlines than seeking justice,' the statement said.
Republicans have leveraged the issue as a fight for athletic fairness for women and girls.
Paxton said in a news release Thursday that U.S. Masters Swimming "has deprived female participants of the opportunity to succeed at the highest levels by letting men win countless events.'
The suit said Ana Caldas placed first in the five events in the 45-49 age group, and Jennifer Rines finished ahead of dozens of women.
Rines wrote in a guest editorial in Swimming World in May that creating a separate category for transgender athletes might be the equitable solution for national-level events. But she said coming out as transgender carries the risk of losing jobs and friends.
'At what point does the level of competition justify forcing someone to out themselves or barring them from participation altogether?' she asked.
Even before the suit was filed, U.S. Masters Swimming revised its policy to bar transgender women from receiving recognition for placing in women's events, but still allowing them to compete.
But the suit said, 'This is all too little, too late.'
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'Anxious Generation' Author Jonathan Haidt Shares New Worries About Kids — and Why You Should Be Concerned (Exclusive)
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'That's not where the other three (power) leagues are,' Petitti said. 'At the end of the day, when you govern with others, there are going to be issues where you know you're going to have to agree that your position wasn't the one adopted. But having player movement occur during the postseason seems something that is not ideal. It puts players in tough spots. It's not good for the game.' In an interview with Yahoo Sports last week, Sankey said he was seeking a portal date that is 'the right thing for the educational enterprise,' and both leaders believe there should be a single portal as opposed to the two currently existing. 'We have to get back as a collegiate enterprise to say we have a responsibility and expectation that you pursue your education in a consistent way,' Sankey said. 'Transferring every semester or five schools in five years is not consistent with those objectives.'
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President Donald Trump's 'Big Beautiful Bill' finally cleared the House and the Senate and was signed by the president on July 4. The bill has several policies that could impact the middle class. Making some money moves and preparing for the new changes can help you save money and grow your portfolio. Read Next: Check Out: Here are some of the top money moves the middle class should make. Also see how much the definition of middle class has changed in every state. Capitalize on Clean Energy Credits Now The bill is cycling out of energy credits, which affect electric vehicles, solar panels and other clean energy sources. Chad Gammon, CFP, owner of Custom Fit Financial, suggested making clean energy purchases before the deadline if you've been holding out. 'If you are considering any upgrades, now would be the time to do it. Some credits, such as electric vehicles, are available until September 30, 2025. Other credits, like the residential clean energy credit, will end on December 31, 2025. This can help if you anticipate higher energy bills in the years to come, and reputable installers can assist with an estimated payback period,' he said. Be Aware: Open a 'Trump Account' A 'Trump account' can give your child a head start with investing money and accumulating wealth. Gammon highlighted the promising opportunity while encouraging people to monitor how it will work before investing additional money. 'If you have a child in 2025, I'd look into opening a 'Trump account.' The federal government will give $1,000 as a starter contribution. There are options to contribute further. I'd wait for more details on that, but would set it up for the initial $1,000,' he said. Children who are born between 2025 and 2028 are eligible for a $1,000 deposit, per CNBC. The money in the account will be invested in a fund that tracks the U.S. stock market, the outlet reported. Plan Your Taxes The bill can reduce your tax burden, especially if you use the standard deduction. Gammon explained how the new bill can add more money to your wallet. 'I would also look at your estimated 2025 taxes and adjust withholdings, if needed. The standard deductions moved for [couples who are married and filing jointly] from $30,000 to $31,500, or if you are single, it went from $15,000 to $15,750. This could lower your tax liability, where you can adjust your withholdings on your W-4 and free up extra monthly cash,' he said. Seniors can also get a boosted tax deduction thanks to the bill. Seniors who are 65 or older can get an additional $6,000 tax deduction if their modified adjusted gross income is below $75,000. Married couples filing jointly can capitalize on the additional tax deduction if their combined modified adjusted gross income is below $150,000. This additional tax deduction for seniors currently applies for the tax years 2025 to 2028. Editor's note on political coverage: GOBankingRates is nonpartisan and strives to cover all aspects of the economy objectively and present balanced reports on politically focused finance stories. You can find more coverage of this topic on More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 These Cars May Seem Expensive, but They Rarely Need Repairs 7 Things You'll Be Happy You Downsized in Retirement This article originally appeared on 3 Money Moves the Middle Class Should Make After the Passing of Trump's 'Big Beautiful Bill' Sign in to access your portfolio