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WASHINGTON (AP) — The U.S. Supreme Court has preserved an important tool used by securities regulators to recoup ill-gotten gains in fraud cases.The justices said by an 8-1 vote Monday that the Securities and Exchange Commission can seek to recover the money through a process called disgorgement.Last year, the SEC obtained .2 billion in repayment of profits from people who have been found to violate securities law.Justice Sonia Sotomayor wrote for the court that the award must be limited to no more than “a wrongdoer’s net profits."Justice Clarence Thomas dissented. 581
WASHINGTON, D.C. -- The backbone of the American election system rides on the shoulders of an army of paid volunteers: poll workers, who take time out of their lives to spend Election Day helping others have their say at the ballot box.“Poll worker recruitment is an issue every election cycle,” said Jeanette Senecal with the League of Women Voters.It’s an issue even more so this year.In the 2016 election, there were nearly a million poll workers across the country, 917,694, working at more than 116,000 polling sites.Many of the poll workers tended to be older: 56% were over the age of 61.Now, though, concerns about COVID-19 mean many in this population, vulnerable to the virus, are choosing to sit out this time around.“Poll workers are kind of the make or break point,” Senecal said. “If they're the people who are interfacing with the voters, they're the people who are supporting those voters at the polling place on Election Day.”Officials estimate that across the U.S. about a quarter of a million poll workers may still be needed. It can take about 30 days to train them all, which means they need poll workers to sign up right now, in order to be ready by Election Day. Poll worker pay varies by county, but in some it can be as much as an hour.“This is a real opportunity for us to recruit a new generation of Americans, who can help ensure a safe and fair and as smooth as possible Election Day,” said Erika Soto Lamb, a vice-president at Comedy Central and MTV.The networks are part of a new, national non-profit coalition called Power the Polls, targeting younger people, who have never been poll workers before.“The work of Power the Polls is really in sounding the alarm bell, bringing people into the mix and then connecting them with their local boards of elections and secretaries of state, to make sure they are plugged in to work the polls in areas that need it the most,” Soto Lamb said.If there is a shortage of poll workers, experts fear some polling places may not be able to open at all and the ones that do could experience long lines.“This summer, we saw a voting rights legend pass away in Congressman John Lewis, whose life was built around voting rights and access – and this is one of those component parts,” Soto Lamb said.So far, Power the Polls has recruited 160,000 poll workers for Election Day. However, not everyone who signs up, will show up, so they are aiming to recruit as many as possible to ensure there are enough poll workers available.According to Power the Polls, the states with the most need for additional poll workers are: Arizona, Florida, Georgia, Maine, Michigan, Minnesota, Nevada, New Hampshire, North Carolina, Pennsylvania and Wisconsin.Learn more about becoming a poll worker here. 2760
WASHINGTON, D.C. – A bipartisan group of U.S. senators and members of the House of Representatives announced a COVID-19 emergency relief framework Tuesday morning.The proposed legislation would provide about 8 billion in aid, with 0 billion going to state and local governments. It also includes 0 billion in additional unemployment insurance and 8 billion for small businesses.The lawmakers say the bicameral framework will help American students, families, businesses, workers and health care providers during the COVID-19 crisis.The plan is designed to last until about March 31, or the end of the first financial quarter.“This four-month COVID-19 emergency relief package will help us get through the hardest months of winter and into a new administration,” said Rep. Josh Gottheimer (D-NJ) during a press conference announcing the legislation. “It’s an essential down payment in what our families, small businesses and local communities need.”Sen. Mitt Romney (R-UT) stressed that the proposal isn't a stimulus bill and explained that much of the funding will be repurposed from the CARES Act.“This is not a .8 trillion stimulus bill. This is a relief measure, half that amount, 8 billion," said Romney. "I would note that of that fund, 0 billion is money repurposed from the first CARES Act, so the amount of new money is actually 8 billion.”Romney also said liability protection is included in the bill and argued that it's critical. “We did negotiate a liability provision that provides a temporary moratorium, a temporary suspension, of any liability-related lawsuits at the state or federal level that are associated with COVID, giving states enough time to put in their own protections. And let me note that any state that doesn’t put in place protections hasn’t been thinking this through very carefully, because if I was a CEO, I would never think about putting a new business in a state that didn’t have liability protections for COVID.”U.S. Senators Joe Manchin (D-WV), Susan Collins (R-ME), Mark Warner (D-VA), Bill Cassidy (R-LA), Jeanne Shaheen (D-NH), Lisa Murkowski (R-AK), Angus King (I-ME), and Maggie Hassan (D-NH) were also among the lawmakers who worked on the plan and presented it Tuesday.The proposal, which does not include another round of stimulus checks, comes after months of failed negotiations between the White House and congressional leaders to pass another stimulus bill to help the American people during the current wave of coronavirus cases.The proposed 8 billion plan was broken up as follows:State, local and tribal governments – 0 billionAdditional unemployment insurance, 0 billionSupport for smalls businesses, including Paycheck Protection Program, EIDL, restaurants, stages and deductibility – 8 billionCDFI, MDI Community Lender Support – billionTransportation (airlines, airports, buses, transit, and Amtrak) – billionVaccine development and distribution, testing and tracing – billionHealthcare provider relief fund – billionEducation – billionStudent loans – billionHousing assistance (rental) – billionNutrition/Agriculture – billionU.S. Postal Service – billionChild care – billionBroadband – billionOpioid treatment – billion 3269
WASHINGTON, D.C. – If Joe Biden wins the presidency, the former vice president says he would rejoin the Paris Agreement on his first day in office.The United States formally withdrew from the agreement on Wednesday, as President Donald Trump promised to do last year.“Today, the Trump Administration officially left the Paris Climate Agreement. And in exactly 77 days, a Biden Administration will rejoin it,” Biden tweeted Wednesday in reaction to Trump’s actions.The agreement is a global pact that was put together by the United Nations in 2015 to help avert the threat of catastrophic climate change.The central aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius.Scientists say that any temperature rise over could have devastating impacts on parts of the planets, including rising sea levels, an increase in tropical storms and worsening droughts and floods.A total of 189 countries remain committed to the accord, according to The Associated Press. 1182
WASHINGTON (AP) — President Donald Trump met Monday with his Homeland Security secretary and other officials to discuss border security issues as a partial government shutdown over his U.S.-Mexico border wall entered Christmas without a clear resolution in sight.Though both sides have traded offers over the dollars, they remain far apart on the wall. The White House insisted Trump will reject any deal that does not include money for a wall or fence; Democrats held firm in their opposition to a wall or other physical barrier.In a joint statement Monday, the Democratic leaders of Congress, Sen. Chuck Schumer and Rep. Nancy Pelosi, said that as long as Trump keeps listening to the House Freedom Caucus and others on the right flank, there is no easy resolution to the impasse."It's Christmas Eve and President Trump is plunging the country into chaos," the leaders said. They pointed to problems beyond the shutdown, including the plunging stock market and the president's firing of the defense secretary. "The president wanted the shutdown, but he seems not to know how to get himself out of it."White House budget director Mick Mulvaney said a counteroffer was presented over the weekend to Schumer. Mulvaney would only say the offer was between Trump's .7 billion request and .3 billion Democrats have offered."We moved off of the five and we hope they move up from their 1.3," Mulvaney said Sunday, a day after a senior administration official insisted Congress would have to cave into Trump's spending demand for the shutdown to end. The comments highlighted Trump's unpredictable negotiating style.A Democratic aide granted anonymity to discuss the private talks confirmed the White House offered .5 billion, an initial .1 billion plus 0 million Democrats called a "slush fund" for the president's other immigration priorities.Mulvaney said he was awaiting a response from Schumer, whose office said the parties remained "very far apart."Trump chimed in from the White House, where he has been cooped up since the shutdown began early Saturday."I am all alone (poor me) in the White House waiting for the Democrats to come back and make a deal on desperately needed Border Security," Trump tweeted. "At some point the Democrats not wanting to make a deal will cost our Country more money than the Border Wall we are all talking about. Crazy!"Trump put off plans to head to his Florida estate for Christmas. His wife, first lady Melania Trump, returned from Florida to spend the holiday with him.The president's border security meeting Monday afternoon included Homeland Security Secretary Kirstjen Nielsen and other department officials, White House press secretary Sarah Huckabee Sanders said.Senate negotiators continued talks behind the scenes with Democrats and Republicans. The House and Senate briefly gaveled into session on Christmas Eve before closing again with no further action.In their statement, Pelosi and Schumer said "different people from the same White House are saying different things about what the president would accept or not accept to end his Trump Shutdown, making it impossible to know where they stand at any given moment."Trump blamed Democrats for the stalemate, tweeting Monday that "Virtually every Democrat we are dealing with today strongly supported a Border Wall or Fence. It was only when I made it an important part of my campaign, because people and drugs were pouring into our Country unchecked, that they turned against it. Desperately needed!"However, an AP Fact Check found that U.S. arrests on the Mexican border jumped 78 percent in November from a year earlier to the highest level in Trump's presidency. Increased arrests indicate that more people are trying to cross the border illegally.Several Cabinet departments and agencies have been closed since Saturday after their funding lapsed. The closure affects hundreds of thousands of federal workers across the country and was expected to last at least through Thursday, when the House and Senate meet again.Monday and Tuesday, Christmas Eve and Christmas, respectively, are federal holidays, meaning the government is closed anyway. That means Wednesday is the first day the public could begin to feel the effects of lost government services, Mulvaney said.The routines of about 800,000 federal employees, meanwhile, were about to be disrupted.More than half of those employees deemed essential, including U.S. Secret Service agents and Transportation Security Administration agents, must work without pay, though retroactive pay is expected. Another 380,000 were to be furloughed, meaning they will not report to work but would also be paid later. Legislation ensuring workers receive back pay was expected to clear Congress.Mulvaney predicted the shutdown could stretch into January, when Democrats assume control of the House."It's very possible that this shutdown will go beyond the 28th and into the new Congress," he said.Justin Goodman, a spokesman for Schumer, countered: "If Director Mulvaney says the Trump Shutdown will last into the New Year, believe him, because it's their shutdown." Trump recently declared he'd be "proud" to shut down the government over border issues.Trump promised during the campaign to build a border wall. Progress toward funding the wall has been slow and Trump sees the final days of the GOP's complete control of Congress as his last chance to force the issue. Some Republicans also oppose building a wall. 5478