Senator Warren Urges Fed to Reconsider Capital One Deal for Discover
The decision sounds like the Fed 'had predetermined it was going to approve the transaction and either ignored relevant facts or explained them away with baseless assertions copied and pasted from Capital One's application,' Senator Elizabeth Warren and Representative Maxine Waters said in a letter sent to the Fed this week and seen by Bloomberg News.
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Yahoo
9 minutes ago
- Yahoo
Lake Placid Dem announces candidacy for 115th district assembly seat
LAKE PLACID — A second Democratic candidate has announced their candidacy for the upcoming 115th assembly district special election. Bridie Farrell of Lake Placid announced her decision to seek the Democratic nomination Tuesday. 'Our economy isn't made of statistics or data. Our economy is made up of people — all of our people,' Farrell said in a press release. 'We are individual people with different priorities and needs. However, in union there is strength. In teamwork there is strength. In hard work there is strength. and together we will continue working towards a better North Country. I am committed to listening to our communities and making a meaningful impact by approaching each issue with creativity, empathy, focus, and tenacity.' The 115th district assembly seat is being vacated by long-time Assemblyman Billy Jones, the lone North Country Democratic state lawmaker who recently announced his decision to resign from office at the end of August. CANDIDATES Since then, Farrell is one of two Democrats to announce their candidacy. Michael Cashman, supervisor for the town of Plattsburgh, shared his intention to campaign for the Democratic nomination last week. On the Republican side, Andrea Dumas, village of Malone mayor and Franklin County Legislator, has received several endorsements from high-ranking Republicans to run but has yet to announce her official candidacy. As previously reported by the Press-Republican, there is no petition process for this election, according to David Souliere, Clinton County Republican Commissioner. Instead, it's a County Committee Chair nomination between the three chairs — Franklin, Clinton and Essex — on the Democratic and Republican side. Any nomination meeting cannot officially occur until Jones' vacancy, which is Aug. 31. FARRELL BACKGROUND The 115th Assembly District includes all of Clinton and Franklin Counties and part of Essex County, where Farrell resides. Farrell previously ran for Congress in NY-21 in 2022 before stepping aside when redistricting 'drastically reshaped the district,' her news release said. Her campaign plans to build on that experience. 'Assemblyman Billy Jones served the district for nine years and we will build on his success. We will ensure every community in this district has a seat at the table,' Farrell said. 'The North Country deserves leadership that listens to our families, neighbors, and communities. We need someone who isn't afraid to fight for what is right and always puts our district first.' Farrell was on the U.S. Short Track Speed Skating National Team and held three American Records. She celebrated her 16th birthday at her first of four Olympic Trials in the 1980 Miracle on Ice arena in Lake Placid. Her educational path took her from BOCES vocational school, where she earned her CCNA certification, to Adirondack Community College, and to the land-grant College of Human Ecology at Cornell University, where she studied public policy and healthcare economics. Farrell, an advocate on behalf of crime victims and survivors of abuse and exploitation, said she was also instrumental in the passage of New York's Child Victims Act and Adult Survivors Act. 'DESERVES A CHAMPION' 'Our community deserves a champion in the Assembly and beyond,' Farrell said. 'Neighbors, small business owners, and folks from every corner of our district and across New York are showing up because they believe we can get things done together.' According to Farrell's news release, her approach is 'straightforward: listen to people, then bring their voices to the table where decisions are made.' Farrell was later successful advancing comparable bills in Arizona, New Jersey, California and beyond, closing critical loopholes and promoting rights for victims of crime and abuse. 'Her experience pushing major legislation across the finish line in Albany, and around the country, stands out as an invaluable qualification in her bid for the state legislature,' the news release stated. 'The implications of this year's special election in the 115th District will extend beyond the state legislature as the future of New York's 21st Congressional District remains uncertain.' GRASSROOTS CAMPAIGN Farrell's first days as a candidate for Assembly have already brought in over $50,000 in grassroots contributions — a sign, she says, of the energy and commitment of the community. Farrell's campaign will be centered around increasing access to quality healthcare, affordable housing, and reliable broadband, strengthening support for farmers and agriculture, and bolstering the regional economy by creating jobs, supporting unions, and improving wages and benefits for workers. 'Successful fundraising is necessary for the way our current campaign system works,' Farrell said. 'More importantly, the enthusiasm of support by people across the district is energizing, and I'm ready to build on this momentum.' The date of the upcoming special election has not yet been announced, but is expected to coincide with the General Election on Nov. 4. A tour of the district and a series of kitchen table conversations with Farrell are expected to be announced in the coming weeks. Solve the daily Crossword
Axios
11 minutes ago
- Axios
Gov. Tim Walz names 4 new University of Minnesota regents
Gov. Tim Walz named four new University of Minnesota regents on Tuesday. Why it matters: The 12-member board controls operations and budget for the five-campus system, deciding everything from who should fill the university's top job to tuition rates. Between the lines: This year's process gave the DFL governor unusual influence over the board after the narrowly divided Legislature deadlocked over how to fill a slate of expiring term vacancies for the first time since 2001. Zoom in: Walz said his picks for the four vacant seats, selected from a pool of about two dozen applicants, "bring a wide range of experiences and perspectives, united by a deep commitment to the University's mission." They are: Joel Bergstrom (member at-large): An attorney and non-profit leader whose résumé includes leadership roles at CohenTaylor Executive Search Services, Greater Minneapolis Crisis Nursery and the Minnesota Medical Foundation. Samuel Heins (member at-large): A human rights advocate and attorney who served as U.S. Ambassador to Norway under former President Obama and as a board member for ACLU of Minnesota and Planned Parenthood North Central States. Ellen Luger (5th Congressional District): A former philanthropy executive whom former President Biden tapped for a United Nations role focused on global food security and agricultural issues. Luger, who previously worked for The Minneapolis Foundation and General Mills, is married to former U.S. Attorney Andrew Luger. Kowsar Mohamed (student at-large): A U doctoral student in Natural Resources Science and Management who works for the State of Minnesota's Office of Inclusion. Mohamed, a former project manager for the city of St. Paul's planning department, also taught at the U and served on the Regent Candidate Advisory Council. The big picture: The new members join the board at an especially challenging time for the U and higher education institutions more broadly. Like many of its peers, the U is navigating uncertainty and scrutiny over federal funding cuts, international student visas and a Trump administration probe into anti-semitism on campus. Plus: A bleak budget outlook, which officials say is exacerbated by inflation and state funding decisions, prompted the regents to approve spending cuts and the biggest tuition hike in 14 years at its flagship campus this year. The intrigue: Under the state constitution, the Legislature is supposed to select regents via a joint convention. The issue became a sticking point in the budget debate this spring, as Republicans accused Democrats of refusing to move forward amid an intra-caucus disagreement over which candidates to back. Legislative Democrats said at the time that they simply ran out of time. Friction point: Sen. Zach Duckworth, the GOP lead on the higher education committee, criticized the outcome as an abandonment of a "bipartisan, public and merit-based process … in favor of non-transparent and purely political appointments," noting that both Heins and Luger have donated to Walz's campaigns. Of note: Luger and Mohamed were also named finalists by a bipartisan advisory commission that vets and recommends candidates for the Legislature. What we're watching: The governor's picks will serve out six-year terms unless the Legislature holds a joint convention to replace them.
The Hill
11 minutes ago
- The Hill
National Guard troops appear in DC as part of Trump show of force
National Guard troops have started showing up in the nation's capital after President Trump activated them to patrol Washington's streets, arguing that crime has gotten out of control. The District of Columbia Army National Guard began patrolling the streets on Tuesday and a group of service members met with Secretary of the Army Dan Driscoll. Several Guard forces and Humvees were seen near the Washington Monument on the National Mall, an area of the city generally seen as safe. 'The speed at which the troops are making it in is happening quicker. As we get enough soldiers in, they are tasked to help civilian law enforcement,' a defense official told The Hill's sister network NewsNation. 'As soon as tonight you'll see soldiers out.' Around 800 total National Guard members will work in shifts of about 200 each. The locations were drawn out by the police task force, another defense official told NewsNation. Trump announced Monday at the White House that the Justice Department (DOJ) would take over oversight of the Metropolitan Police Department (MPD), declaring a crime emergency in the nation's capital under the city's Home Rule Act. The order has sparked pushback from other mayors, national Democrats and activists. D.C. Mayor Muriel Bowser (D) used the federal takeover as a platform to again call for the District's statehood on Tuesday. 'We have seen a precipitous lessening of crime in the city, violent crime, especially after a post-COVID spike that we acknowledge, and we got after, and we drove down the numbers in 2023. We reported last year the lowest level of violent crime in 30 years,' she said on 'The Breakfast Club' radio show. 'So, we're not taking our foot off the gas.' Others have stuck behind the president, including his former Attorney General Bill Barr. 'I think the president's right on the money, and I think Judge Pirro laid out the case very well, and I'm glad she's there, because she has the right idea of what needs to be done in this town,' Barr said on Fox News's 'America Reports,' while referring to the U.S. Attorney for the District of Columbia Jeanine Pirro. The White House said that 23 people were arrested by federal officials Monday night for a wide variety of charges ranging from homicide and stalking to reckless driving and drug dealing, among others.
