Tag: Pat Toomey

Forget cannabis. Here are 2 banking provisions that did make the NDAA.

Tina Marie (Ms. Cat)

Forget cannabis. Here are 2 banking provisions that did make the NDAA.

Some banks have instituted policies making it easier for second-chance workers to get hired. JPMorgan Chase years ago removed all questions about criminal backgrounds from job applications and established a policy center to help former criminals find jobs.

It expanded its effort to help ex-offenders return to the workforce last year, partnering with nonprofits to connect people with arrest or conviction histories to in-demand jobs. CEO Jamie Dimon also agreed to co-chair the Second Chance Business Coalition encompassing 29 member companies.

The bank hired 4,300 people with criminal records last year, Nan Gibson, executive director for public policy and corporate responsibility at the JPMorgan Chase Policy Center, told American Banker. That’s more than double the bank’s 2,100 second-chance hires from 2020.

H/ T: Judge Napolitano

Related:

JPMorgan Chase, the Largest Federally-Insured Bank in the U.S. with Five Felony Counts, Says 10 Percent of its New Hires Last Year Had Criminal Histories

Evidence Grows that Crypto and Federally-Insured Banks Are a Combustible Mixture

Tina Marie (Ms. Cat)

The fallout from the collapse of the crypto exchange FTX and its missing billions of dollars of customer funds has, finally, galvanized some members of Congress to push back against the swarms of crypto lobbyists whose activities are clearly impacting the safety and soundness of U.S. banks.

Evidence Grows that Crypto and Federally-Insured Banks Are a Combustible Mixture

A Fossil Fuels Giant Has Been Raising the Election Chances of Extreme-Right Candidates — Using a Dangerous High-Tech Weapon

Tina Marie (Ms. Cat)

The Federal Election Commission (FEC), a federal agency, states that its mission is to “protect the integrity of the federal campaign finance process by providing transparency and fairly enforcing and administering federal campaign finance laws.” So last week Wall Street On Parade sent an email inquiry to the FEC, asking the following:

A Fossil Fuels Giant Has Been Raising the Election Chances of Extreme-Right Candidates — Using a Dangerous High-Tech Weapon

Who are the 11 senators who voted against the burn pits bill for veterans?

Tina Marie (Ms. Cat)1 Comment

Who are the 11 senators who voted against the burn pits bill for veterans?

Senators Mitt Romney, Thom Tillis, Rand Paul, Tommy Tuberville, Richard Shelby, Pat Toomey, Mike Crapo, James Lankford, Mike Lee, Cynthia Lummis, and James Risch ultimately voted against the bill.

…

Political commentators were less surprised to see Mr Paul oppose the bill, as the libertarian frequently opposes federal spending — unless it directly benefits him.

Mr Paul said the bill would put the economy “at risk” and attempted to include an amendment to the legislation that would cut spending on foreign aid in order to offset the cost. That amendment was ultimately voted down.

…

Mr Paul had no problem asking for federal aid when his home state of Kentucky saw severe damage caused by tornadoes in 2021. He has regularly opposed federal aid bills for other disasters, and has previously attempted to attach amendments that reduce foreign aid spending to offset the costs of disaster relief.

…

Mr Tillis, Mr Lee, and Mr Lankford said they opposed the bill over fears that it would allow more people to get treatment at the VA and increase wait times for veterans seeking healthcare. While wait times are never ideal, waiting weeks or even months for treatment is still a shorter wait than simply never being eligible for healthcare.

Cut all foreign aid!

Millionaire Republican Cites Deficit To Block Aid — After Enriching Himself With Special Tax Cuts

Tina Marie (Ms. Cat)

Millionaire Republican Cites Deficit To Block Aid — After Enriching Himself With Special Tax Cuts

Financial disclosure records reviewed by The Daily Poster show Johnson and his wife own a limited liability corporation, which is the kind of pass through entities that were targeted for tax cuts by Johnson’s 2017 legislation. Their LLC owns an industrial building in Oshkosh, Wisc., that is worth between $5 million and $25 million and generated as much as $1 million in income last year.

Related:

Republican Senator Who Voted for Trump’s $1.5 Trillion Tax Cut for the Rich Blocks $1,200 Stimulus Checks

Michael Linden, executive director of the Groundwork Collaborative, noted on Twitter following Johnson’s objection that “another round of stimulus checks at $1,200 would be roughly 1/7 of the size of the Trump tax cuts which Senator Johnson happily supported.”