June 12, 2021

Review Category : People

Alabama execution put on hold after court issues stay

Alabama execution put on hold after court issues stayJeffrey Borden was convicted of shooting to death his estranged wife, Cheryl Borden, and his father-in-law, Roland Harris, in Gardendale in front of the former couple's children. "It will not be tonight," Alabama Department of Corrections spokeswoman Samantha Banks said by phone.


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New U.S. rule on payday loans to hurt industry, boost banks: agency

New U.S. rule on payday loans to hurt industry, boost banks: agencyBy Lisa Lambert and Pete Schroeder WASHINGTON (Reuters) - Revenues for the $6 billion payday loan industry will shrivel under a new U.S. rule restricting lenders' ability to profit from high-interest, short-term loans, and much of the business could move to small banks, according to the country's consumer financial watchdog. The Consumer Financial Protection Bureau (CFPB) released a regulation on Thursday requiring lenders to determine if borrowers can repay their debts and capping the number of loans lenders can make to a borrower. Republican lawmakers, who often say CFPB regulations are too onerous, want to nullify it in Congress, and the industry has already threatened lawsuits.


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Republicans move on tax reform; Fed officials see economic threats

Republicans move on tax reform; Fed officials see economic threatsBy David Morgan WASHINGTON (Reuters) - Congressional Republicans moved to hasten an overhaul of the U.S. tax code on Thursday, while Federal Reserve officials warned in rare public remarks that President Donald Trump's tax plan could lead to inflation and unsustainable federal debt. In a procedural step forward, the Republican-controlled House of Representatives approved by a 219-206 vote a fiscal 2018 spending blueprint to help advance an eventual tax bill. The blueprint contains a legislative tool that would let Republicans pass a tax bill by a simple majority vote in the Senate, where they hold 52 of 100 seats, allowing them to bypass Democrats.


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U.S. Republicans move on tax reform; Fed officials see economic threats

U.S. Republicans move on tax reform; Fed officials see economic threatsBy David Morgan WASHINGTON (Reuters) - Congressional Republicans moved to hasten an overhaul of the U.S. tax code on Thursday, while Federal Reserve officials warned in rare public remarks that President Donald Trump's tax plan could lead to inflation and unsustainable federal debt. In a procedural step forward, the Republican-controlled House of Representatives approved by a 219-206 vote a fiscal 2018 spending blueprint to help advance an eventual tax bill. The blueprint contains a legislative tool that would let Republicans pass a tax bill by a simple majority vote in the Senate, where they hold 52 of 100 seats, allowing them to bypass Democrats.


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Trump opponents urge U.S. Supreme Court to rule on travel ban

Trump opponents urge U.S. Supreme Court to rule on travel banChallengers to President Donald Trump's travel ban targeting several Muslim-majority countries on Thursday urged the U.S. Supreme Court to decide the policy's legality even though it has been replaced with a revised plan. In separate letters to the court, the American Civil Liberties Union and the state of Hawaii said the justices should still hear the case, which had been scheduled for arguments next week but was taken off their calendar after the administration announced the reworked ban last month. The challengers, characterizing the new ban as an indefinite extension of the previous one, said individuals who sued have an interest in the expired measure being declared unlawful because they continue to be harmed by the new policy.


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