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The Justice Department on Monday is expected to name Chicago's top federal prosecutor, US attorney John Lausch, to oversee the FBI's production of documents to the House Judiciary Committee, after President Donald Trump angrily accused it of "stalling" the release.Multiple media outlets reported last week that the Justice Department had missed a subpoena deadline to provide the House Judiciary Committee with documents related to an array of issues Thursday. CNN reported on Friday, however, that the department plans to give the committee 1,000 pages of information on Monday.On Twitter Saturday, Trump accused the department of slow-walking "documents relating to FISA abuse," Hillary Clinton's emails, former FBI Director James Comey and others, and asked what it and the FBI "have to hide." 805
The pandemic has brought on a shortage of toilet paper, cleaning supplies and disinfectants. Now there's a new shortfall in the form of currency.The coin supply has been disrupted, forcing the Federal Reserve to step in.Like everything else in our lives, COVID-19 got in the way. This time it’s affecting the currency supply by causing fewer coins.Now, the U.S Mint is trying to keep up with the demand.Jim Gaherity of Coinstar, which has 22,000 kiosks around the world, says this is a call to action.“What’s happened during the pandemic is businesses have been shut down without access to buy your daily coffee, afternoon sandwich, which most purchases of small items is done by cash,” Gaherity said. “In the US, the ability of the consumer to recirculate that coin back into the retail, which then goes back into the bank, slowed down significantly.”The 29-year-old company is mainly featured in grocery stores and banks. People come in with loose change and get a voucher for folding money, or these days, you can load your Starbucks and Amazon account, donate to charity, or buy bitcoin. Gaherity says, believe it or not, most of those coins are now stuck in people's homes.“The vast majority of coins is (sic) recirculated through typical use of consumer,” Gaherity said. “They’re either taking it and buying things from store. which goes into till which then goes back into the banking system into inventories, or they’re going to aggregators like Coinstar.”The way money is funneled through our country is like a big cycle. The mint produces a new coin and it goes through the federal reserve bank, which then takes orders from banks and distributes it.“What banks do is look historically in terms of retail orders that they’re getting,” Gaherity said. “Retail is getting coin and currency from their local bank and they know historically what that volume typically looks like so they place their orders in advance to fulfill the need from retail.”Businesses and consumers help move it around too.“Coinstar recirculates more coins every year in the US by 3.5 times what the US mint produces,” Gaherity said.Those Coinstar kiosk bins weigh about 700 pounds when collected. That's a lot of pennies, nickels, dimes and quarters. Trucks pick it up and swap it out.“That coin goes on the truck and into a processing center,” Gaherity said. “It’s places like Loomis and Brinks where we deliver that coin. They take those bins and fine count every single piece and distribute into denominational bins so all the pennies, nickels, dimes, all get segregated. Once that’s all done and count is complete, it goes back into the local bank.”Coinstar is doing extra pickups to help recirculate as much as they can. There's just not enough out there because people aren't putting it back into the system.Asked if coins are, like toilet paper once was, the next thing that people are hoarding. Gaherity said, “That’s the question we’re trying to answer. We work with the Mint and Federal Reserve to try and understand better are banks hoarding it right now? Are they keeping it for themselves for their customer calls to start again? If you think about a bank that services Walmart, they want to have enough coin in their inventory to deliver to Walmart for their registers. They don’t want to disappoint Walmart. Nobody wants to disappoint their retailers.”Banks are the largest recycler of coins. They, like the rest of us, are watching, waiting, to be able to resume normal routines. When we asked what's next, Gaherity said, “That is the question of the day. How do we get the right supply to meet the demand that’s out there? What we’re asking Americans is come out and do your normal transactions, go to a Coinstar, go to a bank and make despots so we can see recirculated coin fill the pipeline enough for the demand we have.”The good news he says, is that the European Coinstar Operations are back online and normal. 3923
The Motorcycle Rally in Sturgis, South Dakota, was expected to bring thousands to the small South Dakota town despite the spread of the coronavirus. The Sturgis Police department reported a total of 92 non-traffic arrests, 60 traffic arrests and 24 parking citations through Monday morning. The rally is three days into its nine-day run.While 92 non-traffic arrests were up by 22 from this time last year, traffic-related arrests were down by 19 from a year ago.The department released a breakdown of the arrests from the rally. Many of the arrests stemmed from driving while intoxicated (19) and drug possession or paraphernalia (47). 643
The popular video-sharing app TikTok, its future in limbo since President Donald Trump tried to shut it down earlier this fall, is asking a federal court to intervene. TikTok’s Chinese owner, ByteDance, has until Thursday to sell off its U.S. operations under an executive order that Trump signed in August. Trump in September gave his tentative blessing to a ByteDance proposal that would place TikTok under the oversight of American companies Oracle and Walmart. But TikTok said this week it’s received “no clarity” from the U.S. government about whether its proposals have been accepted.ByteDance is now asking the U.S. Court of Appeals to review the actions of the Trump administration's Committee on Foreign Investment in the United States (CFIUS), who is overseeing the sale.“For a year, TikTok has actively engaged with CFIUS in good faith to address its national security concerns, even as we disagree with its assessment,” TikTok says in a statement to The Verge. “In the nearly two months since the President gave his preliminary approval to our proposal to satisfy those concerns, we have offered detailed solutions to finalize that agreement – but have received no substantive feedback on our extensive data privacy and security framework.”“Facing continual new requests and no clarity on whether our proposed solutions would be accepted, we requested the 30-day extension that is expressly permitted in the August 14 order. Today, with the November 12 CFIUS deadline imminent and without an extension in hand, we have no choice but to file a petition in court to defend our rights and those of our more than 1,500 employees in the US. We remain committed to working with the Administration — as we have all along — to resolve the issues it has raised, but our legal challenge today is a protection to ensure these discussions can take place.” 1863
The Oklahoma State Supreme Court will hear a lawsuit appeal to enforce safety measures at President Donald Trump's rally on Saturday.Tulsa attorney Clark Brewster will make a court appearance before the Oklahoma Supreme Court on Thursday by phone at 3 p.m., according to court records.Earlier this week, a judge denied a lawsuit from the Tulsa law firm to enforce masks and social distancing at President Trump's rally.Attorneys Brewster and Paul DeMuro filed the suit claiming the rally will endanger the public's health.They argued coronavirus cases in the city of Tulsa and the state of Oklahoma increased since June 1. Despite the increase, the Trump rally is bringing thousands of people into an indoor arena."All credible, qualified medical experts agree that this type of mass-gathering indoor event creates the greatest possible risk of community-wide viral transmission," said the law firm.The lawsuit aimed to enforce the use of face masks and social distancing for all guests and employees, abiding by the restrictions the State of Oklahoma has put in place.The "Make America Great Again" rally is planned for Saturday, June 20 at the BOK Center with overflow audiences going to the Cox Convention Center.The BOK Center released the following statement: 1272