At least three Senate Democrats have raised concerns with the White House over the nomination of Saule Omarova to serve as comptroller of the currency, people familiar with the matter tell Axios.
Why it matters: With all 50 Republicans expected to oppose her nomination, President Biden is on notice her candidacy is in jeopardy. This comes as he's also weighing whether to replace Federal Reserve Chair Jerome Powell with Fed governor Lael Brainard — its own decision fraught with political risks.
Eric Adams, the newly elected mayor of New York City, told CNN's "State of the Union" on Sunday that his plan to receive his first several paychecks in bitcoin is intended to encourage New York to become a "center of innovation."
Catch up quick: Last week, Adams tweeted that he would take his first three paychecks as mayor in the form of bitcoin, adding that New York City "is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries!"
Authorities in Houston have launched a criminal investigation into the deadly stampede at the Astroworld music festival, where at least eight people died and hundreds more were injured, Washington Post reports.
Details: The crowd surge, which officials described as a "mass casualty incident," happened just after 9pm local time as rapper Travis Scott performed.
At least eight people were killed and hundreds more injured after a crowd at Houston's Astroworld music festival surged toward the stage Friday night, officials said.
Driving the news: The crowd surge, which officials described as a "mass casualty incident," happened just after 9pm local time as rapper Travis Scott performed. Houston fire chief Sam Peña said that people began to "compress toward the front of the stage, and that caused some panic" and overwhelmed security.
We live in interesting times, but scenario planning can help us make sense of the uncertainty to come.
Why it matters: Accurately predicting the future is impossible — who do you think you are, Hari Seldon? — but scenario planning can help governments and businesses prepare for the different possibilities that could be coming our way.
