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NASCAR has banned the Confederate flag from all events and properties. NASCAR says the Confederate flag “runs contrary to our commitment to providing a welcoming and inclusive environment for all fans, our competitors and our industry.” Former chairman Brian France in 2015 tried to ban the flying of Confederate flags at race tracks, a proposal too broad to enforce and one that angered NASCAR’s core Southern-based fan base.“The presence of the confederate flag at NASCAR events runs contrary to our commitment to providing a welcoming and inclusive environment for all fans, our competitors and our industry. Bringing people together around a love for racing and the community that it creates is what makes our fans and sport special," NASCAR said in a statement. "The display of the confederate flag will be prohibited from all NASCAR events and properties.”NASCAR's announcement comes during a period of national unrest over race relations in the United States. In response to protests, a number of confederate statues are in the process of being removed from a handful of public squares. 1102

Musician T.I. was named in an investigation by the Securities and Exchange Commission on Friday in a fraudulent initial coin offering scheme.The SEC said T.I. will not be criminally charged, but settled on a ,000 fine and he has agreed to not participate in offerings or sales of digital-asset securities for at least five years.Film producer Ryan Felton is facing criminal charges, allegedly promised to build a digital streaming platform for FLiK, and a digital-asset trading platform for CoinSpark. Instead, Felton allegedly misappropriated the funds raised in the initial coin offerings, the SEC said.Felton is facing charges of violating registration, anti-fraud, and anti-manipulation provisions of the federal securities laws.T.I. was allegedly involved in promoting Felton’s scheme. The SEC said that T.I., and his social media manager William Sparks, Jr., offered FLiK tokens on T.I.’s social media accounts.“The federal securities laws provide the same protections to investors in digital asset securities as they do to investors in more traditional forms of securities,” said Carolyn M. Welshhans, Associate Director in the Division of Enforcement. “As alleged in the SEC’s complaint, Felton victimized investors through material misrepresentations, misappropriation of their funds, and manipulative trading.”Felton was also accused of manipulative trading to inflate the price of SPARK tokens.The SEC said that Felton made an addition .2 million in profits, and used money he allegedly misappropriated to buy a Ferrari, a million-dollar home, diamond jewelry, and other luxury goods. 1608

MOUNT RUSHMORE NATIONAL MEMORIAL, S.D. (AP) — Speaking to a largely maskless crowd at Mount Rushmore, President Donald Trump says protesters have waged “a merciless campaign to wipe out our history” amid demonstrations against racial injustice and police brutality. The sharp rebuke in a pre-holiday address Friday to mark the nation’s independence follows weeks of nationwide protests following the killing of George Floyd by police in Minneapolis. Some demonstrators have also destroyed or damaged Confederate monuments and statues honoring those who have benefited from slavery. Trump says, “This movement is openly attacking the legacies of every person on Mount Rushmore.""The radical ideology attacking our country advances under the banner of 'social justice.' But in truth, it would demolish both justice and society," Trump said. "They want to silence us. But we will not be silenced."Trump says he will establish a “National Garden of American Heroes,” which he is describing as “a vast outdoor park that will feature the statues of the greatest Americans who ever lived.”Trump made the announcement as he opened the Fourth of July weekend with a speech and fireworks at the iconic Mount Rushmore.He led into the announcement by paying tribute to a litany of American icons, from political figures like Ulysses S. Grant and Frederick Douglass to entertainers like Elvis Presley and Frank Sinatra.The executive order released Friday by the White House says the garden will feature statues of several presidents as well as other historic notables, including Davy Crockett, Amelia Earhart, Billy Graham, Harriet Tubman and Orville and Wilbur Wright. 1664

NATIONAL CITY, Calif. (KGTV) - A U.S. Postal Service deliveryman was pinned against his mail van in National City Thursday when a driver having a seizure struck him, witnesses said.Surveillance video shows the sedan crash into the USPS worker as he stood at the back of his van at 2907 Highland Ave. Witnesses jumped into the vehicle to back it up and stop the engine. The postal worker fell to the ground as passersby called for help. National City Police officers arrived and put a tourniquet on one of the postal worker’s legs. He was alert but suffering major injuries, firefighters said. The man was taken to UC San Diego Medical Center.The driver who struck the postal workers has a history of seizures, National City firefighters said. He was also taken to a hospital for evaluation. 798

More than half a million businesses received the federal funds the Paycheck Protection Program (PPP). The program was created in March to help small business and their employees survive the financial impact of the pandemic. The program lent businesses money at a low-interest rate, with the potential for the loans to be forgiven or turned into a grant if the company retained and paid their workers for a given time.Watchdog groups, like U.S. PIRG, were among many groups and elected leaders that called for transparency with PPP. After initially resisting, in May, the U.S. Department of Treasury and the Small Business Administration announced they would release the names of all businesses that received a PPP loan in the amount of 0,000 or more.Earlier this month, that list was released. What has come to light is that millionaire, billionaires, and even some celebrities received the federal aid intended to help struggling small businesses. For example, rapper and fashion designer Kanye West, with an estimated net worth of .3 billion, received a PPP loan for his company Yeezy.“From the very outset, the public, watchdogs, and elected officials had a very good reason to want data to see where this money was going,” said R.J. Cross with U.S. PIRG. “As we just learned, we had good reason to be questioning is this program going to do what it was intended to do?”Cross is calling for the federal government to take steps to find out how much money went to small businesses and how much went to larger companies that may have had access to other sources of cash to get them through the financial hardship.“A big improvement on the program would be true audits on all of the loan amounts,” said Cross. “That, say, if we find that you could’ve probably gotten money somewhere else we are going to take those taxpayers dollars back.”Currently, only loans over million will be audited, but most of the loans taken out, including some by millionaires and billionaires, were just below that threshold.“We don’t have any proof to say that they picked that amount strategically, but it certainly raises questions,” Cross added.Watchdog groups say the only way to answer those questions for the American people is continued transparency and expanded audits.“Fraud and corruption are a real concern anytime the government is spending and giving money to companies, and especially, the pace in which it is happening right now,” Cross said. “There is reason to keep a very close eye on what is happening next. The biggest bailout in U.S. history deserves the most transparency in U.S. history.”The SBA and treasury department have not given an indication that they will expand audits. Even if they did, it would take months, and potentially years, to get the results of those audits, followed by a potential hurdle to make the results public. 2855

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