Latest news with #Stein
Axios
a day ago
- Politics
- Axios
North Carolina Gov. Josh Stein's flurry of legislative actions
North Carolina Gov. Josh Stein has taken action on a flurry of legislation in recent weeks, vetoing more than a dozen bills and signing nearly 50 others into law. Why it matters: At the same time, Stein, a Democrat, has managed to maintain a seemingly amicable relationship with North Carolina's Republican-controlled legislature. Driving the news: While Stein has denounced and blocked some key conservative priorities from becoming law, he's also stood shoulder-to-shoulder with Republicans as he's celebrated and signed into law bipartisan initiatives spearheaded by the GOP legislature. Last Thursday, Stein held a bill signing ceremony for four bills that supporters say will lower prescription drug costs, ease transitions for military families who are relocating, crack down on crimes like reckless driving and make it easier for some domestic violence victims to obtain restraining orders. Republicans joined Stein at the mansion to celebrate the bills becoming law. That same day, Stein vetoed three bills, including one that would allow some employees and volunteers to carry weapons at private schools. The big picture: Six months into his term, Stein still appears to have a working relationship with GOP legislative leaders, even as Republicans and Democrats at the federal level remain largely divided. It comes at a pivotal moment for the state: Western North Carolina still has a long way to go in recovering from Hurricane Helene. Meanwhile, the state is bracing for federal budget cuts made in Congress' newly passed "Big, Beautiful Bill." Stein and Republican lawmakers will have to work together to continue to fund Helene recovery efforts and navigate the impact of federal budget cuts on the state's Medicaid and SNAP recipients. Flashback: In March, some political observers said Stein was still in a "honeymoon" phase and predicted that his working relationship with the legislature would fall apart when Stein started vetoing Republican bills. Even after 14 vetoes, however, that doesn't seem to be the case. Zoom in: Stein issued his first vetoes a month ago, blocking "The Criminal Illegal Alien Enforcement Act," "Freedom to Carry NC" and the "North Carolina Border Protection Act" from becoming law. He steered clear of attacking Republicans directly and instead said two of the bills would make North Carolinians less safe and one, "The Criminal Illegal Alien Enforcement Act," was unconstitutional. Stein also vetoed legislation changing oversight of charter schools, clarifying the state auditors' power, banning some diversity, equity and inclusion initiatives and rolling back some carbon reduction goals for Duke Energy. After vetoing some of those bills earlier this month, Stein changed his tune, however, calling the bills "mean-spirited" and saying they would "marginalize vulnerable people and also undermine the quality of public services and public education." "At a time when teachers, law enforcement, and state employees need pay raises and people need shorter lines at the DMV, the legislature failed to pass a budget and, instead, wants to distract us by stoking culture wars that further divide us," Stein said in a statement. "I stand ready to work with the legislature when it gets serious about protecting people and addressing North Carolinians' pressing concerns." What we're watching: Stein's ability to keep his party in line may soon be tested. Republicans no longer have a supermajority in the legislature, so they need just one Democrat in the House to side with them to override a veto.
Sky News AU
2 days ago
- Entertainment
- Sky News AU
Comedian attacked during hilarious mass deportation stunt
Comedian Alex Stein reacts to a hilarious video of his in which he protests to protect 'big, booty Latinas' from mass deportation, getting attacked in the process. 'I was out there trying to protect the big booty Latinas, and I had to say this is the biggest bipartisan political movement that is sweeping the nation,' Mr Stein told Sky News host Rita Panahi. 'A lot of people are on board.'
Business Insider
5 days ago
- Business
- Business Insider
Macquarie Reaffirms Their Sell Rating on Liontown Resources Limited (LIS)
Macquarie analyst Robert Stein maintained a Sell rating on Liontown Resources Limited today and set a price target of A$0.55. The company's shares closed last Tuesday at €0.38. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Stein covers the Basic Materials sector, focusing on stocks such as Champion Iron, Mineral Resources Limited, and BHP Group Ltd. According to TipRanks, Stein has an average return of -0.1% and a 48.34% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Liontown Resources Limited with a €0.32 average price target. LIS market cap is currently €961.3M and has a P/E ratio of -30.89. Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LIS in relation to earlier this year.
Business Insider
5 days ago
- Business
- Business Insider
IGO (IPGDF) Receives a Buy from Macquarie
In a report released today, Robert Stein from Macquarie maintained a Buy rating on IGO, with a price target of A$4.50. The company's shares closed today at $2.98. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Stein is a 2-star analyst with an average return of -0.1% and a 48.34% success rate. Stein covers the Basic Materials sector, focusing on stocks such as Champion Iron, Mineral Resources Limited, and BHP Group Ltd. The word on The Street in general, suggests a Hold analyst consensus rating for IGO with a $2.70 average price target, a -9.40% downside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a A$5.00 price target.
Axios
6 days ago
- Politics
- Axios
Governors accuse Trump admin of stalling disaster recovery
Multiple governors say they're being increasingly pushed to scrounge for disaster recovery money without the support they traditionally rely on from the federal government. Why it matters: The president has the sole power to issue disaster declarations, but states are finding emergencies that would usually qualify for federal assistance are being slow-walked or denied in recent months. Driving the news: President Trump announced Sunday that he had signed a major disaster declaration to help free up federal resources for Kerr County, Texas, after devastating floods killed at least 120 people. Yet, other state leaders say they were denied or are still waiting for additional help. In April, the Trump administration denied a request submitted from former Washington Gov. Jay Inslee after a bomb cyclone ripped through the state in November. The administration then denied an appeal of its decision in late June. In response, Gov. Bob Ferguson posted on X that there are "very clear criteria to qualify" for disaster recovery funds, and that "Washington's application met all of them." The Federal Emergency Management Agency (FEMA) denied North Carolina Gov. Josh Stein's request for an extension of federal assistance for Hurricane Helene recovery in May, after stating the request was "not warranted." Additionally, the administration initially denied an April request from Arkansas Gov. Sarah Huckabee Sanders to declare a series of destructive storms and tornadoes in March a major disaster, before reversing the decision upon appeal in May. West Virginia Gov. Patrick Morrisey said Tuesday that he is pushing for the Trump administration to grant a disaster declaration for two counties in his state after flash flooding from heavy rain killed at least nine people in mid-June. By the numbers: Since February, Trump denied six out of 10 major-disaster requests from Democrat-run states, while approving 14 out of 15 requests from Republican governors, according to an investigation from NPR affiliate KUOW. A FEMA spokesperson did not immediately respond to Axios' request for details on why certain major disaster declarations were denied. What they're saying: Gov. Stein said that while his state has a "sophisticated" emergency response team, only the federal government has the resources to successfully react to a major disaster. "It doesn't make sense for each state to have a fully staffed Emergency Response Team," Stein told CNBC Thursday morning. "Because they may not have a storm for five years or 10 years, but we know the country will. So let's have that expertise in the federal government."
