Top federal banking regulators will testify before a House panel this month in the first of several highly anticipated hearings on the Silicon Valley Bank and Signature Bank collapses.
Why it matters: With proposed new regulations facing difficult odds amid resistance from lawmakers in both parties, hearings and probes will comprise a key piece of the congressional response to the bank failures.
The former Minneapolis police officer serving time for the murder of George Floyd has pleaded guilty to two counts of tax evasion for the years 2016 and 2017, the local prosecutor's office said Friday.
Driving the news: Derek Chauvin, who appeared on video kneeling on Floyd's neck for more than nine minutes, was charged with aiding and abetting, failing to file tax returns to Minnesota.
Hunter Biden filed a countersuit in a federal court on Friday against the owner of a Delaware computer repair shop, claiming its owner had no legal right to distribute his private information.
Why it matters: It's the first lawsuit from Hunter Biden since the alleged theft of personal data from his laptop came to light.
President Biden wants Congress to enact tougher penalties for executives who oversee failed banks.
Why it matters: Silicon Valley Bank and Signature Bank were both taken over by the FDIC in the last week — events that threatened to grow into a larger-scale banking crisis.
Defense Secretary Lloyd Austin this week ordered the Pentagon to improve access to mental health care in an effort to reduce suicide deaths in the military — but held off on implementing gun safety regulations proposed by an independent committee.
Why it matters: Deaths by suicide among active duty military members increased by 41.4% from 2015 to 2020, hitting a peak of 580 in 2020.
TikTok CEO Shou Zi Chew insisted Thursday that forcing the app's Chinese parent company, Bytedance, to sell it would not address the the national security concerns of the U.S. and other governments.
The big picture: Chew's comments to the Wall Street Journal coincided with the U.K. and New Zealand becoming the latest to announce new TikTok restrictions on government devices due to security concerns.
Three hospital workers have been charged with second-degree murder in the death of Irvo Otieno, bringing the total to 10 people charged in the case, the Dinwiddie County Commonwealth's Attorney said Thursday.
Driving the news: The three, who worked at Central State Hospital at the time of Otieno's death, were arrested Thursday after seven Sheriff's deputies arrested and charged earlier this week.
Lawmakers spearheading the effort to repeal decades-old authorizations for the use of military force (AUMF) are already eyeing other ways to rein in executive power.
The big picture: The story of presidential power in the United States has been one of consistent expansion, and that growth has only accelerated in the 21st century. Now, some in Congress want to claw it back.
Nearly 9 in 10 Americans say they oppose reducing spending on Social Security or Medicare, according to new polling from our Axios-Ipsos Two Americas Index.
Why it matters: The overwhelming consensus (96% of Democrats, 84% of Republicans) explains why any talk of cutting these programs has become a political lightning rod, even as lawmakers on both sides of the aisle recognize potential concerns regarding long-term solvency.
With the Senate finally voting to confirm Eric Garcetti as ambassador to India, senators and Democratic donors are turning their attention to something of a Biden-era mystery: the open embassy in Italy.
Why it matters: More than two years into his term, President Biden has yet to name anyone to serve as his ambassador in Rome, traditionally one of the choicest positions in the State Department.
Some Wisconsin swing voters don't feel like their TikTok time is a national security risk, dismissing bipartisan concerns and regulation efforts coming from D.C., according to our latest focus groups with Engagious/Sago.
Why it matters: These voters, who backed Donald Trump in 2016 and Joe Biden in 2020, were more troubled by Congress having the power to decide what’s downloaded onto your phone — and convinced that it won’t end with TikTok.
Emergency loans to banks spiked to a new record in the week through Wednesday, surpassing previous highs reached during the 2008 financial crisis.
Why it matters: The details came in a weekly Federal Reserve report released Thursday, which is sure to attract more attention for what it may reveal about stresses in the banking system after the failures of Silicon Valley Bank and Signature Bank.
One in five Americans say they'd support a "national divorce" in which Republican- and Democratic-leaning states split into separate countries, according to new findings from our Axios-Ipsos Two Americas Index.
Why it matters: Are you an optimist or a pessimist?
One way to look at it is... 20% of the U.S. population is such a small share that it's nowhere close to moving the needle.
Or... it represents 66 million people! That's roughly equivalent to everyone in Texas, Wyoming, West Virginia, North Dakota, Oklahoma, Idaho, Arkansas, Kentucky, South Dakota, Alabama, Georgia and Nebraska combined — and larger than the populations of most countries in the world.
Few statues honoring Latina civil rights and other influential Hispanic women have been erected in the U.S. or Latin America.
The big picture: Women of history are rarely memorialized in public spaces, and even fewer Latinas and other women of color are honored by public monuments, data shows. For Women's History Month, Axios Latino went searching.
Four in five Republicans want the U.S. to remain the world's leading power — but fewer than half support giving Ukraine weapons and financial support to try to save itself from Russia, according to the latest wave of the Axios-Ipsos Two Americas Index.
Why it matters: These conflicting findings come amid a diplomatic crisis after Russia forced down a U.S. drone above the Black Sea — and a GOP identity crisis shaping the 2024 presidential race.
From New Mexico to Maine, a handful of states have pending waiver requests to tap Medicaid funds for food in pilot programs.
Why it matters: Thissignals growing support for "food is medicine" and food-based health interventions that are being echoed at both federal and state levels, despite mixed pilot reviews.
North Korea's military test-fired an intercontinental ballistic missile (ICBM) hours before the leaders of South Korea and Japan were due to meet for a key summit on Thursday, South Korean and Japanese officials said.
The big picture: The missile that the officials said landed in the sea between the Korean peninsula and Japan on Thursday morning local time came as U.S. and South Korean militaries conduct an 11-day joint drill that began Friday, which they said involves the integration of elements of "live exercises" and simulations to symbolize "the defensive nature of the exercise."
The National Audubon Society’s board of directors voted to keep the organization's name despite calls to cut ties with John James Audubon, a bird artist and enslaver the organization announced Wednesday.
The big picture: The decision follows a fierce debate over the past year and resulted in the society announcing a new $25 million commitment toward expanding equity, diversity, inclusion and belonging work.
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